Bitcoin Forum

Hi friends,
I have some coins with me currently and was looking to sell them currently, but wanna share something and ask your opinion on what should be done.
I saw Bitcoins breaking 7600 at normal speed and I was not going to sell before 8k (as that's my target price for better value), but as you already know, S2X been called off was a reason why the price took a dip. I want to ask you that should I wait for it to gain back and break the ATH once again?
Or should I sell them at current price (if it could drop more) and buy back lower to take the opportunity? If this is your opinion, where should I wait till if I sell now?

If I was you, I wouldn't be making any move until the 16th of November since some 'dedicated' supporters of S2X are still pushing through with the said fork. It might be tempting to sell right now because if the price continues to fall, you'd get some cheap coins laying and waiting to be picked up, but again nothing is clear as of this point.

It would be up to you to decide but i'm just giving my inputs based on the current state of matters.

It's just my opinion, but if I were you, I would just wait. Price will go up again, that's pretty sure. But for now it's on a down trend because the price increased because people thought they could get more because of the fork. It won't go down forever, and once this will be done, it will surely be back on its feet. If you sell now you may end up losing money

As far as I am concerned, you should not sell now. I am sure that the price will rise again. If I were in your shoe, I would wait a little bit longer. The bitcoin price is always unpredictable. But I think it is predictable now for it will grow. Trust me, brother.

However, if you are in need of money, I would not advise you not to sell. I know the feeling of not having money. So, make up your mind and come up with a wise decision that you will not regret.

In my own opinion,i've just hold this coins and wait for the right time to sell it,to get my target value price of  what you want.We know that the price of bitcoin in the market is unpredictable or volatile,thats why we should be vigilant,and in time of the price increase,thats the time we trade or change it to gain profits.

It depends. How urgent do you need the money? Personally if I were to sell a few for pocket money or something that's not that important, I'd definitely wait for another ATH, or at least to go back to the $7000 mark first; but yea, it depends. If I needed the money for like school tuition or something like that that's important, then I would just sell a few bitcoin now, just enough bitcoin to pay whatever expenses I need to pay.

you should hold up a bit more and wait until december for another upcoming fork which is rummored to occur and will result for another forked coins which is bitcoin silver and for sure the price will sky rocket again resulting for bitcoins to reach another all time high which is 8000$ dollars. but overall its up to you if you can still hold and wont need money for spending.

I am holding bitcoin as well.
I thinm Bitcoin dipping for the FOMO of bitcoin cash.                   
Selling btc at this price level is not wise decision.
When Bitcoin cash hype will stop then the money will again flow back into bifcoin.
And there is some future upgrades coming for bitcoin as well.

Its better to hold on your bitcoins and not to sell it today. You have waited and not sell till your target price, then I know you can still wait a little bit till the price goes up again. And you know that this is just a temporary setup, bitcoin will be back soon and even can go further higher as the previous price. So if you don't have the need for some fiat today, my advise is just wait and hold.

i think it would be better for you to hold it right now,
because the price already declined for couple days and right now it's not a good time to sell it either.
everything can be happen with it in the next second and i believe it's just a small correction.
why ?
Segwit2x suspended,but right now we're moving down slowly ? what is going on ?
do not you think it's a bit strange ? we're expecting a huge downward when the fork happen,
and also some people speculated that people bought it just to get it for free.
while everything already decided by them,the price is tanking to this place.
which mean there will be another move in the near future or 'something' will happen.
so holding it for right now it's the best case,just look at BCH right now.
it's pumping like crazy,i believe there's something behind it all or they're preparing another move.
make sure to not FOMO'ing it later on when we're riding the train

As we all know segwit2x has been calked off, people who did move their ethereum to bitcoin for  the greed of fork profits, they again moved from bitcoin to ethereum.
This is the reason why bitcoin dropped in a short period but don't worry, bitcoin will recover its price and will rise upto $8k hopefully.
Just keep patience, don't feel panic.

segwit2x has failed, but you have seen for yourself that bitcoin prices do not drop., just a slight decrease (reasonable thing) would be better if you hold hold of bitcoin and re-make a purchase at low price .. and start trading on altcoin because altcoin prices have gone up .. this will give you a decent profit.,

That's totally upto you,honestly if you can't take that decision you shouldn't be trading in the first place ! You cannot risk your money on someone else's opinions when you know you don't really trust the other sources.This is where your skills come into picture,look at the stats.Read about the bitcoin economy and the events associated with it.Maybe that would help you in making the right judgement.

for me personally if indeed it's already given us a good profit then it should I will sell it and then start from scratch. Or maybe I am selling some bitcoin I've bought previously (at low prices) and then wait again if the price higher or remain. In fact if you're not too need the funds as soon as possible, it will be so much better you have patience to see things will happen afterwards. Because if we are too imposing self to benefit then everything would have been much worse.

I can hardly tell what's best now. Bitcoin Cash got a lot more Support now since the devs want to concentrate on it instead of Bitcoin Classic. They twittered it and claimed that Bitcoin Cash is going to overtake Bitcoin Classic in a while. This causes huge FOMO but is also reasonable.

I'm planning to rebalance BTC / BCH by 50/50.

you should have sold when the news about SegWit2x suspension came out and you saw the dip starting. that way you could have sold on top. if you had doubts you should have waited a little longer to see if it is a trap or not and when you saw the second wave of drops you should have sold. then you should have waited for the bottom of the dip to buy back.

right now things are harder. the correction and the dump have both happened already. going lower than this may be possible but also has a lower chance and you will be taking bigger risks by both selling or holding. and at some point you have to forget about trying to make a profit out of this dip because it would be already too late. and then your only option is to hold for long term recovery.

Just keep on holding, we are now at dip and don't cut your losses or don't short. Take the opportunity of buying right now as that's more even a commendable move, if you want to ride the current pump of BCH go for it either.

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Nice plan you got there, this is a good move for anyone that wants to ride with the increase of BCH as few more times left it's price will be surely back in normal again. Don't miss the train of BCH just benefit on it while you can.

As you can see, Bitcoin's price, as of the moment, is around $6.7k. It already had taken a great dip. I suggest to continue holding it. In my opinion, it is too late in this point to sell your bitcoins. Like dothebeats say:
But in the end, it's up to you. What I'm trying to say is that if you're thinking of selling it then you should have done it when the price was above $7k.

Current price is not a good buying point like you've seen it touches $7900 then what's on your mind selling in the current price unless you needed some fiat badly but if not just hold it or you'll regret it later on.
This correction will continue until or if segwit2x will hapoen but one thing is certain that bitcoin will hit again its new ATH.

As far as I am considering to this situation.
Auctually, I sold half amount of my bitcoin, and bought bitcoin cash 50/50 2 days ago
Also I sold remiaining my bitcoin once and could buy lower price 6400$ again.
My bitcoin amount is a littele increased.
But if you can wait for a long time, I think you would better to hold it.
because many people says bit coin will be 9000$ in the near future.

If i were you,then i would just hold my bitcoins undisturbed by the market fluctuations.Price dip was due to people selling their bitcoins who bought it for getting free segwit2x coins and now they are selling their btc for biuying once again altcoins.Even if segwit 2x hard fork happened,still this would be their move.Also,i think that selling btc by those people has almost reached the end stage.So,price may fall $100 or $200 more.Again,price would recover since people who think that the hard fork threat has almost gone would start buying more bitcoins.So,just be in patience and do not sell your bitcoins.

You know that bitcoin has a great future and we all know that there is always marketing pattern to those businesses especially if that product get the High Demand where people always subscribe. Well, the best thing you will do is to hold on and wait.

If you purchase bitcoin at lowest price before then you could sell it now while the price is not that low for today anyway you have already gained that if you purchase your bitcoin in long time ago. But it if happen that after you sell then the price go up then you should buy it again anyway you did not lost your investment it just happen that your gaining was reduced. You're very lucky if you sell high and buy low but this is hard to predict.

I was totally wrong on waiting and not selling and I lost a chance to sell them at 6900 USD which could have given me a golden opportunity to buy again at 6300 which is 10% lower than what it was yesterday, and if I would have sold it at 7500 too, it was still something I totally missed out. I learnt my lesson of not thinking too much when time demands action from our end. I can't sell atm, but I believe it will go back to normal prices, at least 7500 where I wanted to sell.

Yep! To really enjoy profits with bitcoin you need to make certain targets for yourself and follow them strictly. Being too much greedy is always going to disappoint you. But the good news is bitcoin is going to increase again to 7000 dollars after hard fork so at that time, use that opportunity wisely and sell part of your bitcoin that you can afford easily. No need to take anything on heart.

I am thankful to myself that I waited and didn't commit the stupidity to ruin it for myself by waiting under the faith that it will bounce back, and seriously, the rebound was hard on those panic sellers who just dumped in the wave for the whales to gain more of their coins at almost 20-25% less price tags. I regret I lost the opportunity to sell before and buyback at 6k (which I was sure we were going to see after that fork) but seeing those who paid BTC for just 2 pizzas, some who threw their hard drives and some even their PCs thinking this is nothing, my loss is nothing against them and I am happy it recovered back so hardly.

Yeah, 8k$ isn't a best goal for now. If there is a new about the new S2X for sure the price will raise insane. 10k$ isn't that far.

Bitcoin will go up to $10k at the end of this year. You should wait to get more profit.

I suggest to wait and see, real market has different pattern with our mindset and analyze. But for safety, just sell it and replace your money into currency, leave crypto for a while. People will give naswer depend their experience but if to many advice you'll get " panic ". Your money your way but wait and see is the best you can do right now. Good luck.

I would HODL as long as possible and fine another way to make money -- apparently BTC will reach $200k in a short amount of time -- and wow if that were to happen -- I'd kick my self hard for selling at $9000...

I think as of this moment,if you believe on those who adviced you to keep waiting,ungill now well you succeeds as bitcoin reaches 8000$ .but if you didnt have the faith on bitcoin and you have sold it.maybe i can say better luck next time.and trust bitcoin everytime it falls..it will recover sure

According my opion, it is better to wait untill segwit2x finish its job because after it bitcoin price will be climbing.
I have read on some website that it is predicted the price will touch $10k at the  end of the year and $15k for the next year.
Hold it now and waiting the right time to sell.

Certainly my advice is holding. You should not never doubt Bitcoin value. Let hold and you will get profit

hold it if you not sure what you really want to do, sell it if it approach the price you want (sell at 7k when it came from 6k), and do not ever sell it when the situation is not too bad. The price of bitcoin change randomly, you run with that wave you die. Make your own experience and if it ok, use it.

Like always bitcoin has answered your question in just a few days, bitcoin is back at where it was just a few days ago, this is why the most effective strategy is to hold, to not move or sell your coins too much, to some people that strategy may seem odd since holders do not do anything but we cannot deny that holders are getting all the profits of the price increase without having to incur in any losses.

Yes we need opinion to sell and buy a bitcoin in this process because it online transaction payment so must you should get permission ,then only u may conform and there is no mistake done at the process time .If the price increase means, use that time to sell and the price dump so buy a Bitcoin.

You could have a little patience.. The worth keeps increasing...

There's too much to and fro going on here in Bitcoin world and some saying that it could get a pullback once again before taking off to the 10k ride, but I am still unsure of whether I should still wait till the end of the year or sell now and take the opportunity to buy back some more at lower prices? I am too much confused this time as the price already dipped to 7300 today and got back above 7700 atm. Too much ado in my mind that's stopping me from taking a correct decision. The problem is, I am not a day trader and that's what makes me different from others as I can wait longer even if I have some positions open for this.

Agreed! There are likely chances of this thing that the market price of bitcoin will fall down in the coming days as well. The upcoming fork will have a major effect on the owners of bitcoin. At that time, the only thing which can help you not from suffering any kind of loss is to hold your bitcoins and that too at least till the time the market price of bitcoin starts rising. Think wisely before making any kind of decision.