Bitcoin Forum

The question is not easy to explain but has got intutive message. Would you sell your BTC @ 3500$ and wait for btc to come back @ 2800$ and buy again back with some profit?

www.preev.com (http://www.preev.com)

What are your Plans and how you will execute them?

I will just watch on where would thing go for it since there are some flaws that can actually affect the current growth of bitcoins and maybe we could ride with it if the price would go down  for now. But by looking on bitcoins for this point I might gonna hold mine for a while and tickle my blockfolio so that it will give me some info on time to time basis for its price.

if i was you i will check my own capability (Financial support absolutely),
Bitcoin can reach $3500 anytime soon and also can reach sub $3000.
For example if i own 10BTC and Bitcoin reach $3500 i will sell 70% from it into cash and waiting for another discount,
why i am choosing 70% from it,because when the split ended Bitcoin price not showing any sign of downward movement instead it's going upward from day to day,but you must remember that BCC/BCH still exist and somepople who's holding a huge amount of BCC/BCH not dump it yet,so in other word mean we will see another BCC/BCH pump and another decline for BTC (should be).
and this is why i said to you that you need Financial Backup,if everything goes wrong you need to buy it even if the price keep climbing to the top.
BTC up,BCC/BCH down and vice versa < this is your financial backup role,finding the opportunity to buy and sell

I'm definitely not an expert here, but I don't see why BTC will go down right now. It's a volatile market, and the price will continue to go up and down as it usually does, but the trend continues to look good for the long run, so the price should continue to rise. Selling 70% isn't just to much? Also, right now users seem to only be dumping BCC, and I don't know how many users will get more BCC after Poloniex credits them, but the dump will probably continue. And yes, probably a pump after that, but I'm not sure it will affect BTC to much.

Right now, since the long run trend seems to be for the BTC price to go up, I will just keep investing from time to time, and then holding.

As am not a regular trader I won't be selling all my Bitcoins at $3500 but will definitely sell a part of my collection for fiat. I think the potential of Bitcoin is still at a low point and there will be a day in the future where we will talk in satoshi's and not bitcoins.

I've sold half bitcoin from the one I have @3200$ and I'll hold it until touch $3500 till $4000, because I'm sure the bitcoin price will survive @3000$ and will head to $4000 maybe in a few weeks later.

That's not too much if we have a financial back up in my opinion,
other reason : have you heard something like another chain split again in the coming months or so ?
that is also one of my reason,if it's true than we will see another pump and then dump movement 2 times before that.
i am not saying we sell 70% all of our Bitcoin into fiat when we hit $3500 marks,but total sell 70% all of our Bitcoin beyond $3500.
for example : we hit $3500 marks today,that mean in the coming days we can hit another marks higher or lower,then sell 10% from it in $3550.
after that higher again sell some of it and so on.

Traders gonna trade no matter what remains the price of BTC and if I were you, I would definitely give it a shot at selling off my BTC but not below $4000 because I see it coming in the next few days (very soon tbh) and that's such a level I have been waiting for since 2 years with a saving of some good amount of coins. Buying back at $3000 will be my next target once I sell them at my given targets.

I will sell bitcoin atleast half of my bitcoin when it will reach $3500 to buy back on correction which is quite likely after segwit activation. Speculators are driving price currently, buy on hype and sell on the news.  ;)

It is possible because already Bitcoin has crossed more than 3200$, so next target for Bitcoin is more than 3500$. After fork now Bitcoin is moving in right direction many people are hoping more then this.

For me I will not hold it.I will sell it because Im not that rich,my income is just good for my family needs.So by now I cant save yet because I have 3 children and 1 baby.In my situation holding bitcoin is  imposible.The rich people can save bitcoin because they habe money to use so they keep bitcoin until price is very high.

There is a special expression for this kind of trading technique, isn't it (selling high and buying after drop to have more than before)? Who can tell me?

Given the current pace of the price rise, it is safe to say that this thing will go beyond $3500 within the next month. All uncertainties from the fork were already cleared out and money made from BCH is now pouring in to bitcoin. The train won't stop since there are lots of fuel for it in the mean time. Holding and being patient would be the best option for now.

It is called as selling high and taking advantage of the dump and there are lots of traders who do that strategy but the thing is to find the high and low point in Bitcoin trading, it is too hard to mark that point for selling or buying. I would sell most of my BTC when it will hit 4000$ as that will be a good profit for me.

the current push may get bitcoin to touch $4000 before a push back again. You should not expect price to pull back $2800 now as I have not see any fundamentals and technical reasons. In weeks to come bitcoin may be in the moon as if bitcoin cash is being listed in exchangers trading platform traders may like to take profit by converting they coin to bitcoin core.

It's totally up to you investment strategy. If you're a real long term investor, $3500 does not mean anything for you. You should aim for $10,000 at least to implement an exit plan.

exactly the price is good to sell but i think selling all of your investment now or waiting till $3500 too sell is not the right decision for now. i think the price will keep on increasing and it will goes upto $4000 above in coming weeks and i think you must have to wait till a month before selling.

Bitcoin has a great future. If you think more counties are going into financial difficulty in the future. It will break new highs.

Some have started selling already but I don't have plan to sell a single Satoshi from my coins because I have three years plan before i will start think of what to do with my coins. This is because bitcoin or investment in crypto currency is not my major source of income. And i think there are people like me here in this forum.

Yeah that's the point. Not so easy, and all about timing... Todays first alltime high was around 4.00 am in the morning here in Germany... I can't react when dreaming of my future Millions  ;D
If you have a live beyond BTC and a job, how realistic is it too see a good trading point, recognize the opportunity and have a (trusted) computer nearby to do it?
Deposit fiat is slow, let fiat on exchange is risky, credit card fees insane... it's a tricky job, so I'm more investor than trader!

It all depends upon how profitable you are ,if you think that $3500 is the right price for you to sell then go for it,if you are looking for the big picture and what everyone is predicting we could see more valuation in the future,so it depends upon how your financial potential is at the moment and make the decision,i might sell off some coins expecting the price would go down and if the price shoots like we saw after $1000 then it will be disappointing.

I believe in this week the price of bitcoin will become 3500 dollars because the price continue to increase I think those people before august 1 jave doubt are now buying because august 1 is done and they  dont have  doubt in their mind. I will hold my other bitcoin before end of this year 2017 because I think the price will reach 5000 dollars each bitcoin and i hope it will happen.

I will not sell my bitcoin even the price of bitcoin reach 3500 dollars price. And I think i buy more bitcoin if the pricr goes down at 2000 dollars . But i suggest hold your bitcoin and for sure you will earn a lot of profit.

There are very good forecasts about btc breaching 4or 5k mark this year and i believe it can given the right circumstances. But i also would want to make profit right now from this good rum that btc is having so probably i'll sell some and hold on to most. It won't hurt to have a back up