Bitcoin Forum

Economy => Speculation => Topic started by: Tipstar on April 11, 2020, 11:39:38 AM



Title: Should I sell bitcoin now?
Post by: Tipstar on April 11, 2020, 11:39:38 AM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?


Title: Re: Should I sell bitcoin now?
Post by: BitcoinGirl.Club on April 11, 2020, 11:42:43 AM
<Should I sell bitcoin now?>

https://media2.giphy.com/media/VeB9ieebylsaN5Jw8p/giphy.gif?cid=ecf05e47f9c6215bd1c0e7e767c27d1b8e3da9a5e6057d12&rid=giphy.gif

HODL! (https://media2.giphy.com/media/cBy7dF3yF1xgk/giphy.gif?cid=ecf05e47319616b4bc6ab12a120cd137481702e9938dd17e&rid=giphy.gif)


Title: Re: Should I sell bitcoin now?
Post by: jackg on April 11, 2020, 11:43:42 AM
I dunno, a month ago was it just me getting flooded with articles on "bitcoin past $10k, where will we end: $13k, 15k, 20k...."

People are scared that btc took it's dive but in a month it'll probably go back to being old news...

I may sell SOME I haven't fully decided myself.


Title: Re: Should I sell bitcoin now?
Post by: ampere on April 11, 2020, 12:05:53 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?

Theres this saying that in crypto currency everyone is obliged to their decisions.
If bitmex ceo believes bitcoin will go down, what are your initiatives ? is it to believe the bitmex ceo, or check through your own research finding, chart monitoring and figure out what next yourself ?

Nothing beats self dependency in crypto currency, do your own findings, determine if you are in profit and move in to safety, but still it is your own decision alone.

Do more findings.


Title: Re: Should I sell bitcoin now?
Post by: rdluffy on April 11, 2020, 12:12:17 PM
If I knew this answer I would be rich in a few months  ;D

Some people are expecting BTC to fall and some people to rise

When BTC dropped to sub 5k USD levels, people were saying that BTC was over, it was the end etc, and in a few weeks BTC got back to 7k USD
Now we are having a sideway market, and probably will fall a little, but no one knows this answer, maybe you sell your coins a BTC rise to 8k

So make a plan, you don't have to sell everything, you can sell some coins and wait

But if you are a long term man, just hold, don't need to be affeted by this


Title: Re: Should I sell bitcoin now?
Post by: Febo on April 11, 2020, 12:33:08 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?

I dont get where you see that everyone predicting that?  Dow Jones made more then 10% this week. That is like Bitcoin would make 50%. Bitcoin is behind all that stock optimism. If stock market is not wrong ( it could be) then Bitcoin will follow.


Title: Re: Should I sell bitcoin now?
Post by: rodskee on April 11, 2020, 12:50:14 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
That is exaggerating that "everybody" is telling that Bitcoin is falling to 3k because only those Fud creators are putting this to conversations.
Why not visit the WO thread here
https://bitcointalk.org/index.php?topic=178336.0
There are no one talks about that Low so don't put words into all mouths because only few is with that fall.
but you can just sell your Bitcoin(if you have) but for me?even if this is true?i dont care.


Title: Re: Should I sell bitcoin now?
Post by: ethereumhunter on April 11, 2020, 12:52:58 PM
That is your call, and you should know what you should do.

You can hold your bitcoin or sell it right away, but you should not regret if somehow, bitcoin price increases. That will happens too if bitcoin price decrease so you can buy bitcoin back at a low price. Ask yourself, and you might get the answer. I already sold some of my bitcoin when the price reaches $7,300, but I haven't bought bitcoin again because I am waiting for another lower price ;D


Title: Re: Should I sell bitcoin now?
Post by: Wexnident on April 11, 2020, 12:59:23 PM
HODLL. Thing is, are you going to use it for something or what? Not really a good thing to ask a public forum imo, so you should probably investigate a bit more. If you actually see any reason behind what they say EXCEPT for their bs TA's, then you might follow it. But if it's just random speculation bs, then I suggest following what YOU want instead. Additionally, even if there was proof, if you don't really need money that immediately, I suggest hodling. Best power out there tbh. And mate, here's the thing. We aren't some weird ass cult ( no offense to the legit cults out there) here that blindly believes what CEO's and well-known people spout. We are well educated human beings that bloody know how to think, so I suggest stop listening to them until they have at least minimal factual basis for what they are actually saying.


Title: Re: Should I sell bitcoin now?
Post by: Lucius on April 11, 2020, 01:07:54 PM
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?

Some in this forum say that BTC will soon be worth $0, so it's just a matter of believing them or BitMEX CEO. He is building his speculation on the basis of another major earthquake that will hit the stock market, similar to what happened a month ago. The question is whether this could happen again, or whether financial aid injected into economies around the world will still prevent another decline?

Hayes claims that despite the stimulus of $2 trillion in the USA, stock market will collapse again, and that will drag BTC at the new bottom. But he is also say that this year will end with $20 000 for 1 BTC, and just a month ago (https://cointelegraph.com/news/bitcoin-can-hit-6k-then-rise-to-20k-in-2020-crisis-says-bitmex-ceo) he say that bottom will be at $6000. 

Maybe he's just saying what most people want to hear?


Title: Re: Should I sell bitcoin now?
Post by: sheenshane on April 11, 2020, 01:09:11 PM
snip-
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100..
Is this what you mean? BitMEX CEO Warns:... (https://cointelegraph.com/news/hayes-scary-warning-bitcoin-price-could-absolutely-retest-3k)

I don't see it will gonna happen again. I got what the author means but I think people already panicked regarding the pandemic coronavirus outbreak and besides, the price of Bitcoin last week was showed a little resistance. If you are real crypto enthusiasts, don't listen about this kind of FUD news. We all know that the price of Bitcoin and the entire crypto market is unpredictable. Just HODL and help the market being manipulated with these kinds of people. They don't have enough proof, it's pure speculation.


Title: Re: Should I sell bitcoin now?
Post by: superving on April 11, 2020, 01:16:13 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
if someone told you that bitcoin will fall @$3000 is totally a big lie.  They want to create panic and its thier opportunity to full thier bags with bitcoin, after a month or two after the dump they will say bitcoin will reach 11,000..


Title: Re: Should I sell bitcoin now?
Post by: 2alt on April 11, 2020, 01:31:47 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?

I dont get where you see that everyone predicting that?  Dow Jones made more then 10% this week. That is like Bitcoin would make 50%. Bitcoin is behind all that stock optimism. If stock market is not wrong ( it could be) then Bitcoin will follow.

The feds are printing money non stop and pumping the market is why.

Monday - 60 bill
Tuesday - 60 billion
Wednesday 60 billion
Thursday - 2.3 TRILLION to hide unemployment.

And this is what is being announced. I am sure its more.

Thursday around 8:30am futures were down close to 1%. In a single candle it went from -1 to +1.5. Next candle pushed it over 2%. They did this to offset the bad news of unemployment.

Hmmm, the world is shutdown, we have an unknown disease killing people, balance sheet highest ever, unemployment highest ever. And DOW does best week since the 1930's. This is because the central banks are pumping it. Well, they are handing it to investors and letting them pump it.

Japan really never recovered from WW2 and their central banks own 80% of all stocks. This is what will happen here as we headed for a deep, deep, deep hole.

BTC certainly could go to 3k. It could also decouple from following the market and take off on its own. However, I believe they will not stop pumping the markets until election so odds are higher that BTC will go up than it will go down.

But do NOT think the market is doing anything good. It  is essentially the feds slowly taking it over to help calm people.


Title: Re: Should I sell bitcoin now?
Post by: Review Master on April 11, 2020, 02:22:04 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100.
When a small dump is happened in the price of bitcoin, Everyone be like this.
https://i.imgur.com/jxMIeVf.jpg

I think, it's better to hodl. Also we can buy in deep if we have extra printed money.  ;D


Title: Re: Should I sell bitcoin now?
Post by: Yamifoud on April 11, 2020, 02:37:04 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
It was too early to decide about selling, not this time.
Well, that all be possible but something has to wait and closely observe the market rather than to be affected such news. They are also speculating the market and it might be right or just a FUD ( a whales strategy). If the price will go down close to $4k, I have to sell some of my Bitcoin. But I hope it won't happen and I hope people won't do stupid things about selling their Bitcoins upon seeing this one.


Title: Re: Should I sell bitcoin now?
Post by: gentlemand on April 11, 2020, 02:43:07 PM
Anyone who bases their moves on the opinion of the mindless slugs, me included, in here is probably better off exiting completely and finding something more steady. Nobody knows shit. Anyone claiming to is a double dollop of shit.



Title: Re: Should I sell bitcoin now?
Post by: jossiel on April 11, 2020, 02:49:14 PM
What's your current stand? are you in need of the money and you fear of it going down so you're really going to sell?

Depends to your situation and how you will handle the fear that you are feeling right now. We've heard of good and bad predictions so if you go with the crowd it's up to you.

But before that, think of it many times and have a firm decision.


Title: Re: Should I sell bitcoin now?
Post by: bitbunnny on April 11, 2020, 04:16:04 PM
Everyone decides for himself but personaly I don't think now it's best time for selling. Of course everything depends if you have bought your coins and at what price, do you need the money etc.
However, I think that Bitcoin price will recover and rise again. Having in mind current situation it's hard to tell when and in what extend that will happen but if you have enough patience don't sell now.


Title: Re: Should I sell bitcoin now?
Post by: mahilchii on April 11, 2020, 05:08:51 PM
Saying is always there from a decade I do agree many analyst say BTC will hit badly but this is not the first time they are speculating. Market is not controlled by any one mate like you Know crypto is owners risk, BTC is strong enough to manage the downfall but that doesn't mean it will affect badly. I would suggest you not to sell BTC before Halving have some patience.


Title: Re: Should I sell bitcoin now?
Post by: DeadCoin on April 11, 2020, 05:28:24 PM
We can freely decide on what we are going to do our Bitcoin holding, it is either you will buy or sell on it. But always remember don't be dumb if you will sell under the price when was you are bought the Bitcoin and your profit was not there. This is not a good to decide on selling our Bitcoin. I am expecting that this Bitcoin price will have a strong resistance when Bitcoin halving will successfully occur.
Don't be a weak holder, be strong and don't make whale laugh on your decision.


Title: Re: Should I sell bitcoin now?
Post by: eaLiTy on April 11, 2020, 06:52:19 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
You cannot listen to a third part and make decisions when it comes to decision making on investments, there is no point in panic selling because someone said so, if the market goes down then make sure you have the funds to invest during that period rather than selling off the coins, the only positive aspect you need to consider when taking these decisions is the expected long term valuation.


Title: Re: Should I sell bitcoin now?
Post by: ScamViruS on April 11, 2020, 06:54:31 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?

Why would you trust an Exchange CEO's tweet? I have seen almost every CEO who influences retail traders in a different way. They will encourage you to open your position, so that they can liquidate your position later. Even same case with the binance CEO's tweets, many trader open counter trade if he tweet any market price related topic. And its success rate is much higher.  ;D So stop following such people. They all are businessman they always encourage you wrong way. So it all depends on what you want to do.


Title: Re: Should I sell bitcoin now?
Post by: carlfebz2 on April 11, 2020, 10:14:41 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
It all depends on you since its your money after all but i would like to give and advice that you shouldnt let yourself get affected too much with those sentiments no matter how popular the person is, dont listen to any speculation of prices given.The market had been always unpredictable ever since and we have seen hundreds of price calls from realistic to unrealistic ones.So its better to make your own decision
if you do sell now or accumulate further and this is what differs each trader from each other.You can listen to others but doesnt mean that it would be completely be copied or you do rely on those things 100%.


Title: Re: Should I sell bitcoin now?
Post by: Oasisman on April 11, 2020, 10:42:49 PM
Why would you sell your asset when you can choose to not worry regardless if Bitcoin will fall as hard as $3,000, because it'll open up an opportunity to buy more right? Selling today doesn't guarantee you anything, that's a lossing move. Let's say Bitcoin will fall, but it didn't reach the bottom you expected, then that's when the regrets kicks in. The same happens when Bitcoin will make a good run after you sell.
The right move would be avoid selling anything in this market condition, unless you're day/short trading.


Title: Re: Should I sell bitcoin now?
Post by: Kelvinid on April 11, 2020, 10:45:20 PM
I smell price manipulation around if that will happen.
I shouldn't have to worry about this pronouncement/tweet because in the first place nobody could actually predict what will happen or he was trying to manipulate newcomers to sell their Bitcoin and bought it. We don't know what will happen next, it all has been unpredictable.
Should I have to sell my bitcoin now? I don't think so and I keep holding. But of course, we have to track the market trend for us to be aware of what is going on, not just be confident enough.


Title: Re: Should I sell bitcoin now?
Post by: Ridwan Fauzi on April 12, 2020, 01:10:06 AM
What your intention to buy bitcoin? I mean did it for long term investment or short term investment?

So it is depend on your intention/strategy, don't be depend on someone's suggestion because they would be wrong.

But my decision is always hold when bitcoin price went down. I choose for long term investment and I'll never sell my bitcoin before the price that I need is reached.


Title: Re: Should I sell bitcoin now?
Post by: rodskee on April 12, 2020, 03:20:54 AM
What your intention to buy bitcoin? I mean did it for long term investment or short term investment?


With this question in the OP?i am sure that He has no real answer because if He knows what he wanted there is no question arise here.
Like me that i decide to Hold so i will never ask this specially in dumping season like this now.when the value of Bitcoin and the top altcoin is really falling (but of course we consider this as option to decide)price may fall again effect of this pandemic or will rise soon if the cure finally found.
so whatever you decide is will dictate the future of investment.
but if i am to ask?nope Just keep holding and prepare for the worst since this is the nature of crypto investing to risk if you wanted to earn,or to sell if you are not.


Title: Re: Should I sell bitcoin now?
Post by: DevilSlayer on April 12, 2020, 03:48:02 AM
What are your trading objectives after? If you will answer that then you will get the information about when is the right time for you to sell. Trade is objective is all about your goal and your strategy, did you buy because you want to hold and to wait the next bull run or did you buy because you want to do range trade. If you want to wait the next bullish run then it is better if you hold but if your trade objective is to range trade where you are gonna sell it in resistance than maybe you should sell now because the price of the bitcoin bounced when it hit its major resistance.


Title: Re: Should I sell bitcoin now?
Post by: Findingnemo on April 12, 2020, 05:03:32 AM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100,
If someone saying sell your bitcoin then it is the real best time to buy bitcoins. 8)

They have no reason to tell you about price decrease even if they know what will happen in the future so all they are doing it for their personal benefits.


Title: Re: Should I sell bitcoin now?
Post by: inanilujimi on April 12, 2020, 05:18:16 AM
the market is unpredictable, who would have thought BTC reached $ 4k last month ??
and now it's around $ 6-7k.
no one can answer this question very accurately, all are just predictions but what I know if there is a sharp price drop is the right time to buy.


Title: Re: Should I sell bitcoin now?
Post by: adaseb on April 12, 2020, 05:48:41 AM
Its pretty crazy how many people believe what Arthur Hayes is predicting about the future price of BTC and they basically blindly follow him. From what I recall he made like 3 predictions in the past.

First one was during 2018 when he said it would go to like $50K or some crazy figure. Then at the end of 2018 or beginning of 2019, when BTC bottomed he said something like "winter is not over yet" meaning there was more bear market to come.

He sort of got his last prediction correct, was sometime after April 2019, where he predicted something like $10K. Which actually happened a few months later.


Title: Re: Should I sell bitcoin now?
Post by: exstasie on April 12, 2020, 08:05:07 AM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.

Most of my feed has actually been bullish. Prior to this little dip off the $7,400s they were all expecting the upper $8,000s or $9,000s. Many still are.

Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?

I think that was this guy, who was referenced in a Cointelegraph article about Arthur Hayes: https://twitter.com/CryptoCapo_/status/1247070294621257728

This is what Arthur actually said. (https://blog.bitmex.com/choose-your-fiction/) Short term possibilities aside, he's very bullish on BTC:

Quote
Could the price retest $3,000? Absolutely. As the SPX rolls over and tests 2,000 expect all asset classes to puke again. As violent as the Q1 collapse in asset values was, we have almost 100 years of imbalances to unwind the ancien régime. My end of 2020 price target remains $20,000.

Everyone knows the shift is upon us, that is why central bankers and politicians will throw all of their tools at this problem. And I will reiterate, that is inflationary because more fiat money will chase a flat to declining supply of real goods and labour. There are only two things to own during the transition to whatever the new system is, and that is gold and bitcoin.

If you think I’m full of shit, or a stark-raving Cassandra, remember what you believed in pre and post-COVID. Can your mental model revert back to January 2020? I will take my inflation adjusted pocket rockets (gold and bitcoin), and call your Bretton Woods seven two off suit. All in, mother fuckers.


Title: Re: Should I sell bitcoin now?
Post by: LogitechMouse on April 12, 2020, 09:21:55 AM
If we say yes sell it now, are you willing to do it??
If we say don't sell it now and buy at this moment are you willing to do it??
If we say that don't sell or buy either, are you willing to do it??

My point is that, why are you asking here where it is your own money that is at stake?? It is your own money and you must be the one to decide because we can't give any accurate answer to your question. Some might say here that you must sell it right now. Some saying you must hold it because it will go higher more. In the end it is your decision so don't ask things like this.


Title: Re: Should I sell bitcoin now?
Post by: Lucius on April 12, 2020, 09:35:48 AM
if someone told you that bitcoin will fall @$3000 is totally a big lie.  They want to create panic and its thier opportunity to full thier bags with bitcoin, after a month or two after the dump they will say bitcoin will reach 11,000..

Why do you think this is not possible? Exactly a month ago BTC drop from $8000 to $4000 in one day, in which BitMEX (https://bitcointalk.org/index.php?topic=5232757.msg54026737#msg54026737) played a major role with forced liquidation of $700 million in just 15 minutes. What in my opinion triggered the avalanche is the declaration of a pandemic and the sharp fall in oil prices that followed.

The pandemic cannot be declared again, the oil price is at record lows, the stock market is relatively stable, so the question remains what should happen again to test the $4000 level? BitMEX CEO is saying that stock market will go down again, and that is just speculation - I believe there is a chance that this will happen, because it all depends on how badly the virus will hit the USA, and at moment the situation is not looking good.

Believing or not believing someone is a matter of choice, it is important to be prepared for anything, and this includes a decrease in the price of BTC.


Title: Re: Should I sell bitcoin now?
Post by: jhonjhon on April 12, 2020, 10:29:41 AM
Maybe you should...but me, I have to hold and buy more bitcoin if that will happen.
I have to watch closely how the trend moves. We're not saying that there is no possibility that we drop $3k as it happens before but we all be wondering and might not be affected by this because we are thinking much for the coming halving and we are more hopeful that we make pumps rather than dumps.

Well, that is the only prediction, it is up to us if we believe or not.


Title: Re: Should I sell bitcoin now?
Post by: Quidat on April 12, 2020, 01:11:35 PM
Maybe you should...but me, I have to hold and buy more bitcoin if that will happen.
I have to watch closely how the trend moves. We're not saying that there is no possibility that we drop $3k as it happens before but we all be wondering and might not be affected by this because we are thinking much for the coming halving and we are more hopeful that we make pumps rather than dumps.

Well, that is the only prediction, it is up to us if we believe or not.
On a very unpredictable market it cant really be avoided to have second thoughts or hesitations when we do tried to invest or even selling.
Nothing is assured that we would pump out or would dump on because it had proven for how many times that the market doesnt move
correlated from any events that do happen around.There might be some good sentiments but doesnt guaranteed out that it will happen.
Profits are only to those who do risk and do able to make out their positions on the right time.


Title: Re: Should I sell bitcoin now?
Post by: 2alt on April 12, 2020, 01:17:14 PM
To add as I really didnt answer the question.

If you are worried to that level, you have way too much invested in BTC. Cash is king right now. 10% of my total net worth is invested into BTC. So not too worried. That percentage will go up or down depending on what BTC does.

But don't ever invest so much into BTC / Stocks that you are worried. Figure how much you want to invest, put it on your nano ledger and just forget about it.

We are in the infancy of crypto. In 10 years BTC may be worth 100K or in 10 years a completely new system comes out and BTC is worth $0. Consider that and invest accordingly.

None of this applies to traders. Putting 50% of your total wealth into BTC to trade is fine. You can dump it at your stop loss. However I would not recommend my worst enemy to invest 50% of their total wealth into BTC cold storage. (Think about all the silly people that invested everything, took loans, refinancing their homes, etc in 2016. They all got burned immensely hard).

Remember cash is king....for now.


Title: Re: Should I sell bitcoin now?
Post by: Febo on April 12, 2020, 01:57:36 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?

I dont get where you see that everyone predicting that?  Dow Jones made more then 10% this week. That is like Bitcoin would make 50%. Bitcoin is behind all that stock optimism. If stock market is not wrong ( it could be) then Bitcoin will follow.

The feds are printing money non stop and pumping the market is why.

Monday - 60 bill
Tuesday - 60 billion
Wednesday 60 billion
Thursday - 2.3 TRILLION to hide unemployment.

Printing money is only bullish for Bitcoin. OP claims that everyone is bearish on Bitcoin. I am asking him who are those bearish people and why are they bearish.


Title: Re: Should I sell bitcoin now?
Post by: arwin100 on April 12, 2020, 02:24:04 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?

Do you even believe on them? remember they are businessman and not a predictor so might they release that tweet just to upset people and possibly dump the price so that they can buy at the lower cost, remember we are heading at halving and its nearly happening so expect more fuds comes just to confuse people for their personal gain.

But if you want to secure sell it now and see on what happen in future.


Title: Re: Should I sell bitcoin now?
Post by: Smitty Werben Man Jensen on April 12, 2020, 02:29:45 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
if you have a lot of funds or capital, maybe it's better to prepare 50% for the worst case scenario, which is Bitcoin goes to $ 3000, Bitmex CEO said that because as a trader, traders don't trade using 100% capital, that's an important lesson, hopefully the worst case scenario does not happen


Title: Re: Should I sell bitcoin now?
Post by: buwaytress on April 12, 2020, 02:44:09 PM
@exstasie: Referencing your separate post on sentiment, isn't it strange the last 2 or 3 coverage pieces about Arthur Hayes have been strangely bearish in tone -- when the guy has been one hell of a permabull? So strange, yet so typical, how sentiment can sometimes be derived via an out-of-context quote, huh?

What are your trading objectives after?

Gee, I wonder what a guy's objectives are for trading? Such a mystery isn't it?


Title: Re: Should I sell bitcoin now?
Post by: samcrypto on April 12, 2020, 03:07:55 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
No one knows, those are just the predictions and they are also not sure about that. You have to know when to sell and when not to panic, those people maybe just creating a panic so they can buy cheaper bitcoin. If bitcoin becomes cheaper again then that’s fine, we have to buy on that level and wait again for the bull run.


Title: Re: Should I sell bitcoin now?
Post by: South Park on April 12, 2020, 04:28:14 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
The first thing that comes to my mind when I read your comment is that you need to stop listening to other people and develop your own strategy and determine what you want to be, so do you want to be an investor or a trader? If it is the former then you need to hold your coins and not sell them unless bitcoin hits your target price, but if you want to be a trader and get advantage of the fluctuations in the price then you need to read many books about the subject, develop a profitable strategy and only then decide whether to keep holding your bitcoins a little bit more or sell them before the price goes down.


Title: Re: Should I sell bitcoin now?
Post by: exstasie on April 12, 2020, 08:37:30 PM
@exstasie: Referencing your separate post on sentiment, isn't it strange the last 2 or 3 coverage pieces about Arthur Hayes have been strangely bearish in tone -- when the guy has been one hell of a permabull? So strange, yet so typical, how sentiment can sometimes be derived via an out-of-context quote, huh?

A lot of people don't understand that markets move as cycles with cycles within cycles. You could be short term bullish, mid-term bearish, and long term bullish all at the same time. Cointelegraph and the others ignore all that and just feed us the most extreme headline they can.

Myself, I somewhat share Arthur's sentiment, though I have doubts BTCUSD can reach the levels of panic seen last month. In fact I think both markets may eventually make higher lows (not lower lows) before a sustained recovery. I think he's jumping the gun with his $20K by year end call, but I do think we are still on track for a very bullish 2021, as crazy as that sounds: https://bitcointalk.org/index.php?topic=5196072.msg54020305#msg54020305


Title: Re: Should I sell bitcoin now?
Post by: Eclipse26 on April 13, 2020, 12:21:13 PM
The market value of cryptoa not only Bitcoin, at this moment is probably caused by the pandemic. Not totally a direct effect but more likely "an effect of an effect". What I mean is that, Corona virus has nothing much of an effect but how it affected people as well as the economy of different countries might have triggered a downfall. Companies, and establishments are forced to stop operating. People are pulling their investments including cryptoinvestment to prioritize what would they need in daily living given that in some places there is now shortage of services and goods. To make it simple, many people have sold their holdings already but it is not their fault to choose survival over profit that would be waited without assurance of until when.

So if you are not that affected by the pandemic, and could still afford not pulling your investment, be thankful and do not do the same thing just because you are afraid to lose money as the market value us falling.


Title: Re: Should I sell bitcoin now?
Post by: Dart18 on April 14, 2020, 10:07:29 AM
The big question.

Are you really willing to risk that much for a better profit or for a larger regret?
Do you have the guys to do it.

Those are the questions I always I ask myself whenever I see this kind of hype/FUD that is lurking all over social media or even this forum.
I don't have much of a courage to do it. So I always stay on the safe spot.
The safe spot for me is to just hold it until I feel like really selling it.


Title: Re: Should I sell bitcoin now?
Post by: plvbob0070 on April 14, 2020, 02:43:07 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
No one knows, those are just the predictions and they are also not sure about that.

Exactly, why would you believe in such prediction when there's only a small chance that it will happen, and I'm sure you are also aware that bitcoin is unpredictable and volatile so anytime the price might get pump or dump. I guess I will hold my bitcoin no matter what happens unless I badly need the money like what's happening right now which we have been facing a huge crisis. Just because a well-known person said it, you will just instantly believe that. And if you going to use their prediction/opinion as your basis to sell, I guess it's not a good idea and always comes up with your own analysis so you will not regret your decision. Seems most of the previous reply here has the same answer to the question which is HOLD and probably, this is the only option right now if you don't want to have any regrets. And, for the better of having good profit, I rather risk my bitcoin on holding than just selling it because of such prediction/s.

If ever bitcoin goes dump, just continue and keep on holding because I swear you will not regret holding your bitcoin.


Title: Re: Should I sell bitcoin now?
Post by: Reid on April 14, 2020, 03:52:46 PM
It did went down for so much just a month ago. Like 4.8k right? I think that is already the right time to buy it.
But this as a selling point. Not in my view. Not yet.

Although there is a virus that is circulating around the world it is not yet the time for investors to sell their bitcoins and just save it with cash.
That will be a waste I think, specially to those who are not yet at ROI.
You might have seen some slight decrease but those could just be people who are now having a hard time to make money and are now in need to buy necessities so they jump into selling their bitcoin.


Title: Re: Should I sell bitcoin now?
Post by: FanEagle on April 14, 2020, 04:23:30 PM
Bitcoin should never really be something that you may want to sell, after all we are talking about something that is a long term project and not a short term gain. If you are involved with bitcoin for trading and making quick profits than do whatever you want to do, I can't talk on your behalf and you should be looking at charts and situations every single week that changes, which means the answer you will hear here, will be changed by the time person writes it to time you read it.

However if you are long on bitcoin and think that in the long run it is a good concept, you should keep it, no matter what happens to bitcoin, I believe in the end we will see an increase eventually, maybe in a day, maybe in a year but it will definitely happen. That is why quick drops never scares me.


Title: Re: Should I sell bitcoin now?
Post by: Slow death on April 14, 2020, 05:57:39 PM
Everyone is telling that bitcoin is going to 3K.

who are these people who are saying this? if you look at the price, you will notice that it is stagnant at  $6000 and it doesn’t seem to fall below  $6000, so don’t worry about what these analysts say

Every news and notifications points that the trend is going towards 3K.

ask yourself: when did they get their price predictions right?

Bitmex CEO is twitting he believes bitcoin could go even as low as 2100

he always fails to predict


Title: Re: Should I sell bitcoin now?
Post by: SeaBits on April 14, 2020, 08:25:10 PM
Everyone is telling that bitcoin is going to 3K.

who are these people who are saying this? if you look at the price, you will notice that it is stagnant at  $6000 and it doesn’t seem to fall below  $6000, so don’t worry about what these analysts say

Every news and notifications points that the trend is going towards 3K.

ask yourself: when did they get their price predictions right?

Bitmex CEO is twitting he believes bitcoin could go even as low as 2100

he always fails to predict

I'v read countless articles, you can tell if the news outlet or article writer wants you to believe in buying more or selling now. In this community I've seen much speculation about the positive effects of the "halevneing". It's an interesting time, in previous years there was less going on in the world. Others have brought up good points like are you a investor or a trader? Come up with a plan and that will determine your path.


Title: Re: Should I sell bitcoin now?
Post by: Stedsm on April 14, 2020, 08:30:50 PM
I believe that the technicals are giving pure sign of a downside reversal before a quick uptrend takes place. There seems to be a big winter coming before we may see a warm sunrise, and I don't think that BTC will be dragged down immediately through a crash but this time, it'll be slow AF and I too believe that bears are still in control and we may see a new low this year before a hefty mounting.


Title: Re: Should I sell bitcoin now?
Post by: mahilchii on April 14, 2020, 10:30:22 PM
I would request you not to believe in any of these rumors as these are the same people who will be screaming their lungs out claiming bitcoin will reach $100,000 if the value of bitcoin increases by just $500, rather I would suggest you to follow the market trend every day and set up reminders for pumps and dumps with a value of $500 at both ends. If you do this then you will be in a better position to judge the market trend and you will be able to make a decision on own rather than losing money with other people's opinion.


Title: Re: Should I sell bitcoin now?
Post by: AakZaki on April 14, 2020, 11:36:23 PM
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100,
I'm not sure about what the CEO of Bitmex said, because sometimes when someone becomes someone who influences the sustainability of the price of Bitcoin they can just use what they say.  Certainly want to make a panic, because basically people like them have a strong financial condition so that when the panic actually happens they immediately buy it.


Title: Re: Should I sell bitcoin now?
Post by: hahay on April 15, 2020, 05:33:15 AM
It all comes back to yourself, if you believe that decline will happen and then selling now to buy lower later is a good idea, why not. I personally will still hold it and even so, having more anticipation is indeed needed but does not mean I have to sell it now, preparing funds for dumping events later we should have prepared so that we also do not miss the moment to buy more if indeed it will happen.


Title: Re: Should I sell bitcoin now?
Post by: Free1bitco.in on April 15, 2020, 05:40:00 AM
It all comes back to yourself, if you believe that decline will happen and then selling now to buy lower later is a good idea, why not. I personally will still hold it and even so, having more anticipation is indeed needed but does not mean I have to sell it now, preparing funds for dumping events later we should have prepared so that we also do not miss the moment to buy more if indeed it will happen.
Personally, I will also hold my current assets. however, there is a high possibility that the price of bitcoin can be higher than the current price, and you just have to be patient to wait for that to happen. however, if it is urgent to sell the assets you have, maybe you should start at 30% or 50%.


Title: Re: Should I sell bitcoin now?
Post by: Janation on April 15, 2020, 06:33:21 AM
You do the opposite as people said.

When they say we need to buy, we sell. I've been reading that in the past and doing that in some ways and it is pretty good in the long run. The price is going back and forth from $7K and $6K so it is quite unpredictable to find that time to sell. If the price indicates a bull run, better buy now, if its the opposite, then do the opposite.


Title: Re: Should I sell bitcoin now?
Post by: Barbut on April 15, 2020, 08:14:23 AM
It all comes back to yourself, if you believe that decline will happen and then selling now to buy lower later is a good idea, why not. I personally will still hold it and even so, having more anticipation is indeed needed but does not mean I have to sell it now, preparing funds for dumping events later we should have prepared so that we also do not miss the moment to buy more if indeed it will happen.
Personally, I will also hold my current assets. however, there is a high possibility that the price of bitcoin can be higher than the current price, and you just have to be patient to wait for that to happen. however, if it is urgent to sell the assets you have, maybe you should start at 30% or 50%.

Who is crazy to sell now when the fiat system is collapsing around! IMF just said that the global economy is heading for the worst recession since the great depression, now it's the time for buying cryptocurrencies, for buying gold. It will get worst before it gets better, crypto can drop a bit more, it's not going to be a problem here for us, we get used to that, and we will survive that worst that will come. But I am not sure will fiat survive this time!


Title: Re: Should I sell bitcoin now?
Post by: Lomberjack on April 15, 2020, 08:25:07 AM
It is not realky the good time to sell Bitcoin becuase of its current price still far from the all time high this year ranging above the $11,000 value. Bitcoin price have already survived the dump to $3,000 value last month and the price of Bitcoin continuously shows positive development these days, that might be a sign for a better price in the coming weeks and months. We should still base our decisions on ourselves so we don't have regret when something unexpected happens. For me, if you still don't need the money from your Bitcoin investmet, there is no reason to doubt the price of it because, this coming month of may would be a game changer for this bearish market.


Title: Re: Should I sell bitcoin now?
Post by: pgbit on April 15, 2020, 08:41:50 AM
If you believe their speculation/prediction then it depends on you, you can sell! But I don't believe them! Most of the well-known experts were telling shit about Bitcoin price prediction, even the day before yesterday, I read an article where a so-called crypto guy was saying Bitcoin will hit 1000$ in near future! So, I would suggest to do your own diligence and take the right decision! Personally, I am not caring about their prediction, what I see, Bitcoin price will go to 8K USD very soon, or it will stay at 6-7K zone! Right now, I don't see any possibility for a major dump!


Title: Re: Should I sell bitcoin now?
Post by: btc78 on April 15, 2020, 08:56:26 AM
I'm afraid Not because market is much stable now and seems that we are all only waiting for growth again and nothing more.
the Bear has gone and only the Pandemic is hindering us to Enter Bull and also consider the Halving and that's enough reason to keep waiting or consider Buying more.i Know many Fud are still around but the life of each people here must remain in support as they are investing in Good faith.
But if leaves you no Option since the needs of Fiat is here now then do it with limitation to withdraw.


Title: Re: Should I sell bitcoin now?
Post by: Shinpako09 on April 15, 2020, 12:56:19 PM
If you have weak hands and mostly believe on what you read, then sell if that's what you think good for you. One reason why you need to have a strong mind if you are a crypto user to make a better decision in this kind of situation. Better believe in what you see, analyze on yohr own, predict on your own, price seems calm after the price fall. It's not yet time to sell, i'd rather wait for increase than taking the risk and sell right now.


Title: Re: Should I sell bitcoin now?
Post by: BlackFor3st on April 15, 2020, 01:05:17 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
I see that you are not a trader and base on your statement I can consider you as a newbie yet in terms of investment as you give too much attention to other speculation. The market is indeed very volatile but you should put more trust to your investment, if you are not that in need with your money then hold it for a long term one or until the end of this year and you will surely get a good amount of profit.

The market will not die that easily as many will try to buy some btc if it will goes down that deep, so as of this moment the best thing to do is to buy more instead of selling your assets.


Title: Re: Should I sell bitcoin now?
Post by: BTCLiz on April 15, 2020, 11:29:29 PM
The current policies are supporting BTC's pice. The inflation will be higher if bubbles at the stock markets and the immo bubbles explode.

As a consequence people will look for gold and Bitcoin.


Title: Re: Should I sell bitcoin now?
Post by: carlisle1 on April 16, 2020, 05:57:34 AM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
If there is a Good analysis that will cross and make me believe about this?why not sell all my holdings lol.

But the Problem is there is no Concrete reason why the price will fall down to 3k again not Unless market is really manipulated then lets expect nothing but fall again.

Last march the Fall happens because of the Pandemic that starts in December but spreads only in March thats why people here reacted that bad.


Title: Re: Should I sell bitcoin now?
Post by: OrangeII on April 16, 2020, 06:32:06 AM
for the moment I am thinking about falling prices. if you don't want to sell your bitcoin at prices under $ 6k, this might be a good opportunity to sell it. Think back, if you really don't want to take the risk. it's just that if you manage to hold back, and the situation turns back in favor, it could be that the price of bitcoin reaches a price of $ 10k, or more. personally I will hold my current assets, even though it is quite difficult.


Title: Re: Should I sell bitcoin now?
Post by: michellee on April 16, 2020, 08:15:51 AM
If you want to sell bitcoin now, make sure you sell at the high price so you can buy back bitcoin if the price is down in a few hours later. But if you are afraid to sell right now, you don't have to do anything, and only hold your bitcoin until the price can increase, but there is no guarantee to know when it will reach the highest price. You need to decide by yourself, and even if we suggest you to sell it now, it doesn't mean that you should follow the suggestion because that is your bitcoin, and you should know what you need to do.


Title: Re: Should I sell bitcoin now?
Post by: Reatim on April 16, 2020, 08:57:06 AM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
Dont just believe what  you are reading in the forum because this won't help you profit,if you are a here for years now then you should know that analyst is not that very trustable in this forum for having different opinion and false views in future.

As a consequence people will look for gold and Bitcoin.
But for sure people will choose Bitcoin because Gold moves slowly and cannot even make the price double in a year things that Bitcoin can do multiple times in a row.


Title: Re: Should I sell bitcoin now?
Post by: South Park on April 16, 2020, 03:49:50 PM
It did went down for so much just a month ago. Like 4.8k right? I think that is already the right time to buy it.
But this as a selling point. Not in my view. Not yet.

Although there is a virus that is circulating around the world it is not yet the time for investors to sell their bitcoins and just save it with cash.
That will be a waste I think, specially to those who are not yet at ROI.
You might have seen some slight decrease but those could just be people who are now having a hard time to make money and are now in need to buy necessities so they jump into selling their bitcoin.

This kind of crisis will really put to test to skill of investors, those that are investing money they cannot really afford to lose will have no other option but to sell their coins even if they do not want it as they have no more money and they will need that money to cover their expenses, but the smart investors that are only using a portion of their capital can use the current opportunity it has presented itself to buy all the bitcoin they can for a low price now and obtain great profits in the future once the markets go back to normal.


Title: Re: Should I sell bitcoin now?
Post by: dunfida on April 16, 2020, 07:42:32 PM
It did went down for so much just a month ago. Like 4.8k right? I think that is already the right time to buy it.
But this as a selling point. Not in my view. Not yet.

Although there is a virus that is circulating around the world it is not yet the time for investors to sell their bitcoins and just save it with cash.
That will be a waste I think, specially to those who are not yet at ROI.
You might have seen some slight decrease but those could just be people who are now having a hard time to make money and are now in need to buy necessities so they jump into selling their bitcoin.

This kind of crisis will really put to test to skill of investors, those that are investing money they cannot really afford to lose will have no other option but to sell their coins even if they do not want it as they have no more money and they will need that money to cover their expenses, but the smart investors that are only using a portion of their capital can use the current opportunity it has presented itself to buy all the bitcoin they can for a low price now and obtain great profits in the future once the markets go back to normal.
It depends into your financial capability since we know that not all would really have that kind of chance or status in life where you can anytime buy since you do have the money on a specific time.
Its really hard to make up a decision or sell on loss when you do saw that you would need up some money for the sake of your needs which i dont see anything wrong with that.
Its nothing new for that kind of emotion where you do see your portfolio turns to red due to market condition and as said we do have our corresponding reaction towards on that.


Title: Re: Should I sell bitcoin now?
Post by: Republikcoin.com on April 17, 2020, 05:45:18 AM
at this time, the price of bitcoin has reached a new price of $ 7k. I'm not sure that selling bitcoin right now is the right thing. although there is a potential that the price of bitcoin can drop to $ 6k again, but I think the rise in bitcoin prices will slowly approach the price of $ 8k. halving happens next month, so it could be the beginning of the year the price of bitcoin reaches a price of $ 10k. just a little longer, that's my suggestion.


Title: Re: Should I sell bitcoin now?
Post by: Kong Hey Pakboy on April 17, 2020, 03:30:12 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
If you still have money to used to provide the things that you need, it might be okay to sell out your bitcoin. But if you still have a money to spare for your neccesities, it will be a bad time for you to sell out your bitcoin because it is normal for bitcoin to make a huge dump every year. All you need is to have patience and faith in bitcoin because sooner or later bitcoin could also make a huge pump due to it's volatility, so you better hold your bitcoin and have have patience for you to maintain your long term investment because might reach it's price to 20k USD again.


Title: Re: Should I sell bitcoin now?
Post by: Oceat on April 17, 2020, 10:39:59 PM
at this time, the price of bitcoin has reached a new price of $ 7k. I'm not sure that selling bitcoin right now is the right thing. although there is a potential that the price of bitcoin can drop to $ 6k again, but I think the rise in bitcoin prices will slowly approach the price of $ 8k. halving happens next month, so it could be the beginning of the year the price of bitcoin reaches a price of $ 10k. just a little longer, that's my suggestion.
I can't fathom to understand that Bitcoin would go down that far to deep dive at $3,000. It's beyond to what I see happening in the market right now and I don't know where on earth is that coming. Should we believe them that it would go down to $3k? Why don't we just HODL instead of selling? HODL is much more safer than risking to blend in with the trend, don't they?


Title: Re: Should I sell bitcoin now?
Post by: Smitty Werben Man Jensen on April 18, 2020, 04:42:01 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
we see the situation of the price of Bitcoin first, and how the whales play, if indeed everyone expects Bitcoin to $ 3000, maybe the pope will not leave it alone, the price could be to $ 8000- $ 10000 before halving, don't get a trap!


Title: Re: Should I sell bitcoin now?
Post by: carter34 on April 19, 2020, 08:10:25 AM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
we see the situation of the price of Bitcoin first, and how the whales play, if indeed everyone expects Bitcoin to $ 3000, maybe the pope will not leave it alone, the price could be to $ 8000- $ 10000 before halving, don't get a trap!

I just will hodl now. If it slums to 3,000 well is another round of waiting but a higher levels to 10,000 means the bull has resumed for the next run link in 2017. But on the optimistic it is going up for highs after halving history is coming back.


Title: Re: Should I sell bitcoin now?
Post by: Hippocrypto on April 19, 2020, 10:53:55 PM
Everything we heard here was only insights that creates different stories, and it affects the emotions of every person who happens to read every opinions. Let's respect those ideas about bitcoin price, but to an extent of 3k per btc I think that's worst case scenario.
Selling your bitcoin isn't a good options nowadays, because you're not helping your asset grow.
The brilliant idea to do while market hasn't able to recover, is to wait and hold before perfect day will come for entire cryptocurrency.


Title: Re: Should I sell bitcoin now?
Post by: Smitty Werben Man Jensen on April 20, 2020, 06:12:06 AM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
we see the situation of the price of Bitcoin first, and how the whales play, if indeed everyone expects Bitcoin to $ 3000, maybe the pope will not leave it alone, the price could be to $ 8000- $ 10000 before halving, don't get a trap!

I just will hodl now. If it slums to 3,000 well is another round of waiting but a higher levels to 10,000 means the bull has resumed for the next run link in 2017. But on the optimistic it is going up for highs after halving history is coming back.
from the results of my latest analysis, it looks like Bitcoin will start a new bullish path, and $ 3,000 for now doesn't seem to be seen anymore,
Halving is near, the bull is coming you should note this, some people also say the bull is coming, and if you Hold Bitcoin in price now is not bad,
$ 8,000 is resistance, hope you can get there


Title: Re: Should I sell bitcoin now?
Post by: Oasisman on April 20, 2020, 09:33:54 AM

from the results of my latest analysis, it looks like Bitcoin will start a new bullish path, and $ 3,000 for now doesn't seem to be seen anymore,
Halving is near, the bull is coming you should note this, some people also say the bull is coming, and if you Hold Bitcoin in price now is not bad,
$ 8,000 is resistance, hope you can get there

$8,000 resistance seems so hard to break as well. Many people say the bull is about to come, but It doesn't seem like the price is going that way, and falling below $5,000 doesn't seem its going to happen anytime as well. We're floating sideway in this figure and it's hard to tell where will the price is going.
Anyway, I think having the vaccine available in public to cure the covid will somehow make an impact in the market.


Title: Re: Should I sell bitcoin now?
Post by: kotajikikox on April 20, 2020, 11:43:58 AM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
Nope this is the bottom and you will only lose the momentum to profit if you decide to sell your Bitcoin mate ,we can see it on how the market is Going now and the stable of prices specially Bitcoin to $7000 is a good sign.
at this time, the price of bitcoin has reached a new price of $ 7k. I'm not sure that selling bitcoin right now is the right thing. although there is a potential that the price of bitcoin can drop to $ 6k again, but I think the rise in bitcoin prices will slowly approach the price of $ 8k. halving happens next month, so it could be the beginning of the year the price of bitcoin reaches a price of $ 10k. just a little longer, that's my suggestion.
what New price mate?we have been in 7k level for more than 2 weeks now and almost Hit 7,500$ recently .


Title: Re: Should I sell bitcoin now?
Post by: danherbias07 on April 20, 2020, 12:34:25 PM
It will be a good news for those who are still waiting for a cheaper price to buy.
But for those who have already bought now, it might become a regret causing a deep dump.

Bitcoin have its ups and downs and I think we should not worry much about this unless you are a trader or some sort.
It will not be profitable for us who are holding spreading some kind of a FUD.


Title: Re: Should I sell bitcoin now?
Post by: Snappycoco on April 20, 2020, 12:54:21 PM
It is quite clear that the price will go low due to COVID and the need for some physical cash. I personally believe that after this crisis, bitcoin will rise as it should be.


Title: Re: Should I sell bitcoin now?
Post by: Zemomtum on April 20, 2020, 03:53:10 PM
Nobody can give a conclusive answer to this, if anybody vowed to be able to do this perfectly, that person will be the richest man on the planet. All are just speculation as BTC nowadays does not respect fundamental analysis and can go sideways.


Title: Re: Should I sell bitcoin now?
Post by: ballerin and giroud on April 20, 2020, 06:37:52 PM
It is quite clear that the price will go low due to COVID and the need for some physical cash. I personally believe that after this crisis, bitcoin will rise as it should be.
Now, it is time to came out from this pandemic. If we just stay on this situation we never have any change. The economic will goes to dissapear if we just wait and wait until the pandemic end. I agree with the US government decision that they will open the economic activity while this pandemic spreading, because they will know the impact if they just stay and wait for the virus gone.


Title: Re: Should I sell bitcoin now?
Post by: darewaller on April 20, 2020, 07:08:03 PM
Who really says bitcoin is going to 3k? I mean I am checking bitcointalk every single day, I read almost all topics every single day as well, and I do not see a single person who says bitcoin will go to 3k. All I am seeing is hopeful people who are buying bitcoin because they think bitcoin will go up before the halving and maybe even after the halving as well, which is why we are seeing bitcoin increases constantly.

Definitely, it peaked over 7.2k recently and moved under 7k again, however those are regular market movements that we can expect all the time, nothing too serious, and considering the message was on 11th April which was almost 10 days ago, we can say that bitcoin prices are stable and nothing will happen to them at all, as you can see nothing happened to it in the past 10 days neither


Title: Re: Should I sell bitcoin now?
Post by: STT on April 20, 2020, 10:20:46 PM
It is quite clear that the price will go low due to COVID and the need for some physical cash. I personally believe that after this crisis, bitcoin will rise as it should be.

Physical cash spreads the virus on its surface when passed between people, Im not really wanting to go near it personally.   Everything I've done for couple months now has been digital cash or crypto, etc.
  If you mean people wont speculate on BTC then sure maybe but thats ignoring the idea of BTC having a place in the world as a secure transaction device and I see it has plenty avenues of usage and reasons to retain it.   It may depend where you live but most countries are printing alot of money, making their national currency cheap which means BTC as a hedge vs that weakness is probably a good idea and its highly usable when I need to transact.   I dont see this selling pressure is applied singularly on BTC really.


Title: Re: Should I sell bitcoin now?
Post by: South Park on April 21, 2020, 07:09:29 PM

from the results of my latest analysis, it looks like Bitcoin will start a new bullish path, and $ 3,000 for now doesn't seem to be seen anymore,
Halving is near, the bull is coming you should note this, some people also say the bull is coming, and if you Hold Bitcoin in price now is not bad,
$ 8,000 is resistance, hope you can get there

$8,000 resistance seems so hard to break as well. Many people say the bull is about to come, but It doesn't seem like the price is going that way, and falling below $5,000 doesn't seem its going to happen anytime as well. We're floating sideway in this figure and it's hard to tell where will the price is going.
Anyway, I think having the vaccine available in public to cure the covid will somehow make an impact in the market.
I think we are getting ahead of ourselves since bitcoin is having problems surpassing the 7k level, as we can see sometimes it surpasses that level and then just some days later it goes below it once again, also while a vaccine could make an impact in the confidence of the public about the future of the economy that is not going to solve the fact that millions of jobs have been lost and that many businesses will close their doors so even with the halving so close I really think that bitcoin is probably not going to go through a bull run during this year.


Title: Re: Should I sell bitcoin now?
Post by: pixie85 on April 21, 2020, 08:02:54 PM
It is quite clear that the price will go low due to COVID and the need for some physical cash. I personally believe that after this crisis, bitcoin will rise as it should be.

You must be joking. People who invest in cryptocurrency are not those poor guys who don't have any savings and survive on benefits.

The average bitcoin holder has some money on the side and will not go hungry because of covid. Also the pandemic is stabilizing and the number of cases is expected to decrease in Summer while the price of Bitcoin is expected to at least stay on the same level after the halving.

Bitcoin is staying strong during the depression and those who sold in anticipation of 3000 or 2000 dollars made a mistake.



Title: Re: Should I sell bitcoin now?
Post by: TitanGEL on April 22, 2020, 03:23:27 AM
Who really says bitcoin is going to 3k? I mean I am checking bitcointalk every single day, I read almost all topics every single day as well, and I do not see a single person who says bitcoin will go to 3k. All I am seeing is hopeful people who are buying bitcoin because they think bitcoin will go up before the halving and maybe even after the halving as well, which is why we are seeing bitcoin increases constantly.

Definitely, it peaked over 7.2k recently and moved under 7k again, however those are regular market movements that we can expect all the time, nothing too serious, and considering the message was on 11th April which was almost 10 days ago, we can say that bitcoin prices are stable and nothing will happen to them at all, as you can see nothing happened to it in the past 10 days neither
It is just a pure speculation that is why he think that the price of bitcoin will go beyond $3k per each, we should not believe on the tips or opinions of people all over the internet and also if we are going to make decision; we should not consult to the public because it can make us to suffer losses. We can make better decisions by relying on price action alone, by reading charts and analyzing trends; we can have a better decisions that can make us to earn profit in the market. 


Title: Re: Should I sell bitcoin now?
Post by: okala on April 22, 2020, 06:25:01 AM
This you question is like some is hungry and ask either he should eat! Emotionally you may not be able to trade bitcoin successfully since you are depending on the judgements of others. I strongly think bitcoin is more of the positive than the negative technical and whoever that is calling for a fall is been done out of manipulations.


Title: Re: Should I sell bitcoin now?
Post by: imstillthebest on April 22, 2020, 07:12:06 AM
if i am a regular trader/investor , i will also follow what majority are saying even if its hard for me to accept that btc can potentially decrease  but luckily i am not a trader nor an investor so my decision is neutral at the moment . however i dont believe when you said that everybody is trying to decrease btc  .  not everybody but i think majority are on the investing/hodling side   .  on your case op, i like you plan of selling and then buying back btc again. that is more wiser move because you already pull out your potential profit than wasting the oppurtunity


Title: Re: Should I sell bitcoin now?
Post by: Jocuserious on April 22, 2020, 07:20:25 AM
I never received strong news about bitcoin drop 3k even i don't believe right now because we know bitcoin market is unstable. Therefore, we know about tomorrow how much drop and jump can do.

Anyway, if you're not regularly trader then you can compare buying price and selling price like if you have still in profits chance then you can sales now.

Another explain, if you're a patient holder then you can hold till next uping time.


Title: Re: Should I sell bitcoin now?
Post by: Republikcoin.com on April 22, 2020, 07:44:08 AM
I never received strong news about bitcoin drop 3k even i don't believe right now because we know bitcoin market is unstable. Therefore, we know about tomorrow how much drop and jump can do.

Anyway, if you're not regularly trader then you can compare buying price and selling price like if you have still in profits chance then you can sales now.

Another explain, if you're a patient holder then you can hold till next uping time.
I might be inclined to hold back compared to selling the assets that I have held since 2019. Well, my target is halving. too bad if I have to sell it now when my target is very close. I'm pretty sure the price of bitcoin will tend to rise when halving, so I will hold back. maybe it can also be a suggestion for those who want to sell their assets.


Title: Re: Should I sell bitcoin now?
Post by: Naida_BR on April 22, 2020, 08:20:43 AM
It is quite clear that the price will go low due to COVID and the need for some physical cash. I personally believe that after this crisis, bitcoin will rise as it should be.

We are enduring Covid-19 already 2 months and the prices is not dropped a lot.
AS Bitcoin Halving is going to happen in around 20 days the price is not going to go low, but on the contrary it is going to grow significantly.


Title: Re: Should I sell bitcoin now?
Post by: michellee on April 22, 2020, 08:50:52 AM
I never received strong news about bitcoin drop 3k even i don't believe right now because we know bitcoin market is unstable. Therefore, we know about tomorrow how much drop and jump can do.

Anyway, if you're not regularly trader then you can compare buying price and selling price like if you have still in profits chance then you can sales now.

Another explain, if you're a patient holder then you can hold till next uping time.

We never know about that because everything can be possible to happen. Yes, a hold will be the right choice, but we can also try to buy and sell bitcoin when it is up and down. We almost see the halving time, so we can hope that will trigger the price to increase higher. But if before the price increase, we are going to see another correction, then that will not be a problem because we can buy more bitcoin and hold it until the price increase.


Title: Re: Should I sell bitcoin now?
Post by: onrise on April 22, 2020, 09:17:35 AM
It is quite clear that the price will go low due to COVID and the need for some physical cash. I personally believe that after this crisis, bitcoin will rise as it should be.

If people require money, then they would have to sell the coins r other shares if invest din stick markets etc in order to survive. But if people have some extra liquidity then it is also a good time to invest in good crypto coins as whenever market recovers it is going be a upside in a short time. The rally could be very quick and only beneficial for those who stay invested in it and have some coins in with them.



Title: Re: Should I sell bitcoin now?
Post by: joinfree on April 22, 2020, 05:32:08 PM
There is a slight chance of bitcoin reducing in price but I don't think it will sink that low so I would say rather buy more if you have than selling the little you have. Because you just don't know when the price is going to take of with a short bull run you know. It can happen so fast you might not be able to ride with it. So stay in the boat and wait for the climax of bitcoin halving.


Title: Re: Should I sell bitcoin now?
Post by: TheGreatPython on April 22, 2020, 07:13:11 PM
You know what is great about bitcoin not being so mainstream just yet? We are not really big enough to be the thing people sell when they are in financial trouble because not a lot of people has it neither. Think of how many people and more importantly how much money is involved in stock markets and compare that to bitcoin markets, even if you involve ALL crypto, I mean stable ones and altcoins and such, the whole market still doesn't really worth that much at all.

So right now if the things go bad because of corona, that still wouldn't hurt bitcoin as much as it hurts other stuff. So, that will probably result with a lower fall on bitcoin than other places falling and "a smaller fall compared to others" is still a store of value if you ask me.


Title: Re: Should I sell bitcoin now?
Post by: Naida_BR on April 23, 2020, 08:38:10 AM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?

We are waiting for Bitcoin Halving to happen in about 15 days.
I don't think that 3k is still a viable target. As the Bitcoin Halving is going to happen then the lower support is going to be higher than the 3k that it is already discussed before this event.


Title: Re: Should I sell bitcoin now?
Post by: mindrust on April 23, 2020, 08:43:25 AM
That depends on how deep your are in with bitcoin.

If you took more risks than you shouldn't have, then it is probably a good idea especially if you have some profits. If the amount is not that big then stay in the game bitcoin sometimes make surprises too.

Tbh I don't see bitcoin making a new ATH in this situation we are in. It may not go down but may stay around these levels for a long time.

It all depends on how much you invested in and if you are going to need that money in the future.


Title: Re: Should I sell bitcoin now?
Post by: Savemore on April 23, 2020, 01:29:04 PM
That depends on how deep your are in with bitcoin.

If you took more risks than you shouldn't have, then it is probably a good idea especially if you have some profits. If the amount is not that big then stay in the game bitcoin sometimes make surprises too.

Tbh I don't see bitcoin making a new ATH in this situation we are in. It may not go down but may stay around these levels for a long time.

It all depends on how much you invested in and if you are going to need that money in the future.
Our decisions on selling should be depends on our goals, if we have a plan then we should follow it. Target profit is important for those momentum and swing trader, but if you are holder target profit is not important but trailing stop is the one that we should consider as important in order to protect our gains. Before we sell or buy a bitcoin, we should have plan that we should follow in order for us to lessen the mistakes that we are going to make.


Title: Re: Should I sell bitcoin now?
Post by: Reatim on April 23, 2020, 02:29:52 PM
It is quite clear that the price will go low due to COVID and the need for some physical cash. I personally believe that after this crisis, bitcoin will rise as it should be.
But don't expect so soon because for sure the effect will take longer than we expected because the value of Bitcoin relies on investors since the world is coping with the effect of pandemic for sure investors will have limited Money to re invest again.
There is a slight chance of bitcoin reducing in price but I don't think it will sink that low so I would say rather buy more if you have than selling the little you have. Because you just don't know when the price is going to take of with a short bull run you know. It can happen so fast you might not be able to ride with it. So stay in the boat and wait for the climax of bitcoin halving.
It does already reduced price couple of times but coming back to $7,000 level meaning this is the stable price until recovery.


Title: Re: Should I sell bitcoin now?
Post by: Free1bitco.in on April 24, 2020, 05:49:05 AM
see the price so quickly reached the price of $ 7500, and now you are still thinking of selling assets? Well, that seems like a bad move. at this time, I chose to hold back. if the price can go up to $ 7500 in a short time, I think the price can also go up to the level of $ 8000 in a short time.


Title: Re: Should I sell bitcoin now?
Post by: mindrust on April 24, 2020, 08:14:38 AM
That depends on how deep your are in with bitcoin.

If you took more risks than you shouldn't have, then it is probably a good idea especially if you have some profits. If the amount is not that big then stay in the game bitcoin sometimes make surprises too.

Tbh I don't see bitcoin making a new ATH in this situation we are in. It may not go down but may stay around these levels for a long time.

It all depends on how much you invested in and if you are going to need that money in the future.
Our decisions on selling should be depends on our goals, if we have a plan then we should follow it. Target profit is important for those momentum and swing trader, but if you are holder target profit is not important but trailing stop is the one that we should consider as important in order to protect our gains. Before we sell or buy a bitcoin, we should have plan that we should follow in order for us to lessen the mistakes that we are going to make.

Aiming for the target profit is fine but what if it never comes? What if you are chasing a ghost?

These are also the possibilities. Just because bitcoin went up till today doesn't mean it will be going up forever. It is possible to stay at 10k for the next 10 years while it is also possible to reach 20k and go back to 5k again.

What if the bear market isn't over that started in Dec 2017?? That's a one big if.

I used to aim for a target profit too but I realized it created unnecessary stress on me. For me it is better to buy and forget. Don't look at the charts, invest small so it won't bother you when it goes down.


Title: Re: Should I sell bitcoin now?
Post by: rodskee on April 24, 2020, 09:47:49 AM
see the price so quickly reached the price of $ 7500, and now you are still thinking of selling assets? Well, that seems like a bad move. at this time, I chose to hold back. if the price can go up to $ 7500 in a short time, I think the price can also go up to the level of $ 8000 in a short time.
For you to Know mate this thread was created 2 weeks ago and Bitcoin that time is still in this struggling situation so don't speak as if the question was given this Moment.and also Don't rely on the price of Bitcoin that pumping today because we are experiencing this since mid of march but yet we cannot even jump up to $8,000 and also OP is asking about the possible Dump down to $3000 level in which at some point might happen if this Corona Virus continues to spread the world.


Title: Re: Should I sell bitcoin now?
Post by: noormcs5 on April 24, 2020, 12:59:12 PM
see the price so quickly reached the price of $ 7500, and now you are still thinking of selling assets? Well, that seems like a bad move. at this time, I chose to hold back. if the price can go up to $ 7500 in a short time, I think the price can also go up to the level of $ 8000 in a short time.

Selling now is not a wise decision however for short term traders must wait for the halving because i belief that bitcoin will pump quickly as the halving approaches nearby. For long term, you should wait for a year or so, bitcoin will cross its all time high.


Title: Re: Should I sell bitcoin now?
Post by: lunnatic on April 24, 2020, 03:13:31 PM
see the price so quickly reached the price of $ 7500, and now you are still thinking of selling assets? Well, that seems like a bad move. at this time, I chose to hold back. if the price can go up to $ 7500 in a short time, I think the price can also go up to the level of $ 8000 in a short time.

Selling now is not a wise decision however for short term traders must wait for the halving because i belief that bitcoin will pump quickly as the halving approaches nearby. For long term, you should wait for a year or so, bitcoin will cross its all time high.
my opinion selling at $ 8000 is very appropriate, it is strong resistance in my opinion, usually if before the Halving price will experience an Uptrend, just like BCH, BTG and BCD, I'm sure BTC will also experience it.


Title: Re: Should I sell bitcoin now?
Post by: hahay on April 24, 2020, 03:21:28 PM
see the price so quickly reached the price of $ 7500, and now you are still thinking of selling assets? Well, that seems like a bad move. at this time, I chose to hold back. if the price can go up to $ 7500 in a short time, I think the price can also go up to the level of $ 8000 in a short time.
For you to Know mate this thread was created 2 weeks ago and Bitcoin that time is still in this struggling situation so don't speak as if the question was given this Moment.and also Don't rely on the price of Bitcoin that pumping today because we are experiencing this since mid of march but yet we cannot even jump up to $8,000 and also OP is asking about the possible Dump down to $3000 level in which at some point might happen if this Corona Virus continues to spread the world.
If you know, at least 2 weeks ago on the date when this thread was made the price was in the range of 6.8k-6.9k and currently, the price has risen to 7.5k and I think this could be a strategy in your trading, because within 2 week at least you can get profit now and also, approaching halving and bad situation because of the pandemic, I'm not sure 8k will be achieved in the near future because the correction will definitely happen again.


Title: Re: Should I sell bitcoin now?
Post by: Free1bitco.in on April 24, 2020, 03:52:40 PM
see the price so quickly reached the price of $ 7500, and now you are still thinking of selling assets? Well, that seems like a bad move. at this time, I chose to hold back. if the price can go up to $ 7500 in a short time, I think the price can also go up to the level of $ 8000 in a short time.
For you to Know mate this thread was created 2 weeks ago and Bitcoin that time is still in this struggling situation so don't speak as if the question was given this Moment.and also Don't rely on the price of Bitcoin that pumping today because we are experiencing this since mid of march but yet we cannot even jump up to $8,000 and also OP is asking about the possible Dump down to $3000 level in which at some point might happen if this Corona Virus continues to spread the world.
I know buddy. but, I think that 2 weeks is not a long time to wait. this is just a suggestion to not easily panic by seeing a rapid decline. however, if he had sold it 2 weeks ago, wouldn't he have missed his opportunity this time? because of this, I say that selling when falling prices is not a wise move. in addition, since halving will occur, I am pretty sure the price of $ 8k will be achieved.


Title: Re: Should I sell bitcoin now?
Post by: Kelvinid on April 24, 2020, 11:35:29 PM

my opinion selling at $ 8000 is very appropriate, it is strong resistance in my opinion, usually if before the Halving price will experience an Uptrend, just like BCH, BTG and BCD, I'm sure BTC will also experience it.
If you are buying it early this month or during the price sunk into less than $4k, it is a perfect time for me to sell. But to think that the market will continue to move as the halving comes closer, it is better to sell half of it and hold the other's half. Or have to buy it into potential altcoins that are still at a low price.
We are moving back to closely to $8k, and the growth will simply indicate that during halving the price will be higher. But of course, we can't be confident enough about the trend because we know how volatile we are and could be any time to drops.

  


Title: Re: Should I sell bitcoin now?
Post by: lienfaye on April 24, 2020, 11:50:19 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
Remember that its just a prediction of bitmex ceo and it has no concrete basis so dont easily believe others prediction. Its best to have your own analysis to understand the possible movement of the market. The price of bitcoin can go lower or higher, no one exactly knows because anything can happen. For now follow your instinct, if you think its time to sell then do it already as long as you already made profit. As for me I will wait until I see a significant growth even it takes longer.


Title: Re: Should I sell bitcoin now?
Post by: Twinkledoe on April 24, 2020, 11:59:04 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
Remember that its just a prediction of bitmex ceo and it has no concrete basis so dont easily believe others prediction. Its best to have your own analysis to understand the possible movement of the market. The price of bitcoin can go lower or higher, no one exactly knows because anything can happen. For now follow your instinct, if you think its time to sell then do it already as long as you already made profit. As for me I will wait until I see a significant growth even it takes longer.

Agree. Just one of the many predictions that I think will not happen.  :P I believe he has underlying motives why he is stating that. We are still in the pandemic situation, yet, we are enjoying more than $6k btc price. So if I were you, believe your own instincts and follow it. He is just also a regular person trying to make a statement towards bitcoin.


Title: Re: Should I sell bitcoin now?
Post by: Quidat on April 24, 2020, 11:59:32 PM
Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
Remember that its just a prediction of bitmex ceo and it has no concrete basis so dont easily believe others prediction. Its best to have your own analysis to understand the possible movement of the market. The price of bitcoin can go lower or higher, no one exactly knows because anything can happen. For now follow your instinct, if you think its time to sell then do it already as long as you already made profit. As for me I will wait until I see a significant growth even it takes longer.
Expect for speculations to fly around since this had been happening from the beginning because this market is always been unpredictable.
You can eventually make up some basis on other analysis and also you can pinpoint on which one is realistic and which one isnt.
Ive been seeing 1M/btc prediction flying around which is totally unrealistic to consider.

Selling out your coin would always depend on your will and as long you do gain then it wont be bad to sell out some unless if youre a hodler.


Title: Re: Should I sell bitcoin now?
Post by: coinfinger on April 25, 2020, 05:25:58 AM
I do not think it depends on how deep you are in bitcoin but how much of your money that you invested and how much of it do you need right now. I understand traders and their anxiety about constantly buying and selling, never really see myself ever doing that however I get it, people want to make 100%+ profits with it, however bitcoin constantly goes up if you look at it in longer terms so I am fine.

This comes to the resolution, if you do need money and have to get out, by all means take out your money and use it for whatever you need it for, however if you do not really need the money and all you are asking if you should sell in order to buy lower, I do not think that is a smart move, you should keep it in and wait for it as long as you can afford to wait, until you retire if you can.


Title: Re: Should I sell bitcoin now?
Post by: culuuton on April 25, 2020, 08:24:27 AM
The risks during this pandemic period are huge for all financial sectors and the cryptocurrency market is no exception, of course many bad predictions will appear. However, after falling in shock last month, bitcoin appears to have stabilized. In my personal opinion, you shouldn't sell now.


Title: Re: Should I sell bitcoin now?
Post by: South Park on April 27, 2020, 03:46:18 PM
There is a slight chance of bitcoin reducing in price but I don't think it will sink that low so I would say rather buy more if you have than selling the little you have. Because you just don't know when the price is going to take of with a short bull run you know. It can happen so fast you might not be able to ride with it. So stay in the boat and wait for the climax of bitcoin halving.
The price went down when the corona virus crisis reached an important point but since then the price has been recovering every day and the halving is now very close, which I think has been a huge factor to see such a fast recovery, however I doubt we are going to see the bull run everyone is expecting since the economy is not in a very good shape and it will not be in a very long time, but at the same time we cannot exclude the possibility the price goes down once more if people panic once again.


Title: Re: Should I sell bitcoin now?
Post by: tukagero on April 27, 2020, 04:01:02 PM
Bitcoin price might still go up in the coming days so no need to hurry selling your bitcoin. Believe me bitcoin will be in a great demand this year , price may surge anytime soon.


Title: Re: Should I sell bitcoin now?
Post by: kapalmabur on April 27, 2020, 07:01:18 PM
Bitcoin price might still go up in the coming days so no need to hurry selling your bitcoin. Believe me bitcoin will be in a great demand this year , price may surge anytime soon.
I actually think otherwise, I predict the price of bitcoin seems to be going down to $ 7500, if hold in this level means Bullish still dominates,
if it falls deeper then the Bearish comes, why? because it's been liquidated several times for short


Title: Re: Should I sell bitcoin now?
Post by: KTChampions on April 27, 2020, 09:44:53 PM
The risks during this pandemic period are huge for all financial sectors and the cryptocurrency market is no exception, of course many bad predictions will appear. However, after falling in shock last month, bitcoin appears to have stabilized. In my personal opinion, you shouldn't sell now.

I will not advise selling or buying bitcoin, but I think it would be wise to make some sort of diversification of investments - as you correctly noticed, no asset can guarantee the safety of funds now. Therefore, if all my funds were in one asset, then I would undoubtedly sell part to protect myself from losing all funds in the event of a fall of one asset.


Title: Re: Should I sell bitcoin now?
Post by: onrise on April 28, 2020, 08:57:04 AM
Bitcoin price might still go up in the coming days so no need to hurry selling your bitcoin. Believe me bitcoin will be in a great demand this year , price may surge anytime soon.

The btc price has being quite stable or on upside only if compare din the last two weeks during this bad market which is a very good sign as resistance in market exists and people are buying it and not selling much. So I feel in coming time market will continue to be on upside considering the world market has shatters and would continue due to recession and crypto may outperform in this scenario.



Title: Re: Should I sell bitcoin now?
Post by: wozzek23 on April 28, 2020, 07:01:49 PM
That's where I am confused why people are thinking that way. Bitcoin was low, and it got high, and it is stable now, WHY do you think it will go up even more? I am not saying it won't but there are so many people who miss out when the price bottoms and then comes back and buys when the price goes up, inevitably that price drops again because it was spiked and it is normal for a price that went up so much to fall a bit, and they end up losing money and start calling bitcoin dead again instead of buying more when it drops.

I am sorry but if you are thinking about buying bitcoin right now, you have to realize there is a big chance it could drop in price, not saying it will but there is a big chance, you should buy it when the price bottoms up, not when it increases like crazy.


Title: Re: Should I sell bitcoin now?
Post by: milewilda on April 28, 2020, 10:12:49 PM
That's where I am confused why people are thinking that way. Bitcoin was low, and it got high, and it is stable now, WHY do you think it will go up even more? I am not saying it won't but there are so many people who miss out when the price bottoms and then comes back and buys when the price goes up, inevitably that price drops again because it was spiked and it is normal for a price that went up so much to fall a bit, and they end up losing money and start calling bitcoin dead again instead of buying more when it drops.

I am sorry but if you are thinking about buying bitcoin right now, you have to realize there is a big chance it could drop in price, not saying it will but there is a big chance, you should buy it when the price bottoms up, not when it increases like crazy.
Nah, its a common mistake on most people which is normal for a very unpredictable market where we do always ask or trying to figure out on whats actually he possible bottom price.We have thought that this might be the bottom but actually this is already the peak price for this particular time and when the time comes where price do moves then its a sure loss if it do goes opposite on the time we do purchase it.
Its a matter of choice and some sort of luck and intuition because selling out or buying out on the right time is not really an easy thing but you can actually make a shot.


Title: Re: Should I sell bitcoin now?
Post by: Renampun on April 28, 2020, 11:34:42 PM
just HOLD...
Halving day soon, even though the price of Bitcoin will go down, it will definitely go back up fast, I will not sell my Bitcoin even though many say the price will drop to $ 3k.


Title: Re: Should I sell bitcoin now?
Post by: Clark05 on April 29, 2020, 11:26:22 AM
Don't sell your bitcoin because we can see the price of the bitcoin rise not decrease at 3k dollars don't heard to the false news .

They only do that because maybe they want the bitcoin dump very huge or they are supported by the other coins so they are doing to spread not true information.

I really like what is happening to the bitcoin now and maybe next month will see again 10k dollars.


Title: Re: Should I sell bitcoin now?
Post by: KTChampions on April 29, 2020, 08:42:43 PM
Today, bitcoin has reached unexpected levels. More precisely, it reached them unexpectedly quickly. Those investors who bought bitcoin at low prices recently are most likely now very tempted to take profits. Perhaps this will put temporary pressure on the price. As for traders, I see that most of them are in the long.


Title: Re: Should I sell bitcoin now?
Post by: gentlemand on April 29, 2020, 09:03:53 PM
That's where I am confused why people are thinking that way. Bitcoin was low, and it got high, and it is stable now, WHY do you think it will go up even more?

Why not? Why anything?

Unless you have desperate financial need you're better off staying put and seeing what happens. So far those who do so have been richly rewarded, though they were certainly made to work for it.

I choose to have faith in the idea and its future. If I hadn't I'd be long gone and probably consumed with bitterness like so many others.

The people on here who are most vocal about their price predictions and the timing they announce almost always balls them up and go down in flames with them.


Title: Re: Should I sell bitcoin now?
Post by: joinfree on April 29, 2020, 09:58:05 PM
No, I think this upward ride of bitcoin't price  will continue for a while before it decides to dump after bitcoin halving. it's best to hold it for a week more before the halving but make sure you sell once we reach the halving because it's likely going to start dumping once the halving is over.


Title: Re: Should I sell bitcoin now?
Post by: michellee on April 30, 2020, 10:35:05 AM
He can sell his bitcoin when the price reached $9k in a few hours before because right now, the price is back to the $8k level, so he needs to wait for a while if he wants to sell at $9k. I think this time, bitcoin price make correction of the price because the price is going to go down, and we don't know how deep the price will be down. Maybe it is the best time for us to wait so we can get the right time to buy bitcoin before the price increase later.


Title: Re: Should I sell bitcoin now?
Post by: Asrael999 on April 30, 2020, 10:51:59 AM
sell all your BTC weak hand.

Seriously though its to much rise to soon, halving is irrelevant  - if history rhymes significant price growth wont occur until at least 6-12 months after the halving.


Title: Re: Should I sell bitcoin now?
Post by: Oilacris on April 30, 2020, 11:50:24 PM
sell all your BTC weak hand.

Seriously though its to much rise to soon, halving is irrelevant  - if history rhymes significant price growth wont occur until at least 6-12 months after the halving.
Common words for hodlers but this one wont work with active traders.Selling bitcoin at that 9k price point is the sweet spot and i had made profits with that but if you
do go for long term then selling wont really be on your line.

Its better to utilize movements to make shorter profits than waiting up for too long.Well, its our choice though because each one of us do have its own preference.

For people who had bought on last month or in last weeks then if they did able to sell out on 9k price then that was an easy profit.


Title: Re: Should I sell bitcoin now?
Post by: South Park on May 01, 2020, 07:59:51 PM
That's where I am confused why people are thinking that way. Bitcoin was low, and it got high, and it is stable now, WHY do you think it will go up even more? I am not saying it won't but there are so many people who miss out when the price bottoms and then comes back and buys when the price goes up, inevitably that price drops again because it was spiked and it is normal for a price that went up so much to fall a bit, and they end up losing money and start calling bitcoin dead again instead of buying more when it drops.

I am sorry but if you are thinking about buying bitcoin right now, you have to realize there is a big chance it could drop in price, not saying it will but there is a big chance, you should buy it when the price bottoms up, not when it increases like crazy.
People miss those opportunities for one thing and one thing only and that is that they are afraid, when the price begins to go down in a very fast way they are afraid that if they buy at that moment the price is going to keep going down and they are going to lose money because of it, what they do not realize is that buying after huge drop is a huge opportunity because markets have a tendency to over correct themselves and drop to absurd levels which are simply not realistic and after a few days there is the potential for very easy profits if they buy at that point.


Title: Re: Should I sell bitcoin now?
Post by: bearexin on May 01, 2020, 08:47:20 PM
I think you should NOW. I don't know if it would be a good decision to sell back at that time, as we can see right now it would have been not so nice, however right now price is definitely perfect for selling. Right now bitcoin is all hyped up once again and correction will probably happen soon.

I realized corrections only happen when the price of bitcoin goes up a whole lot (like it did today) and it doesn't go up anymore, right now it looks like its not going to go any higher, I do not see a 10k very soon, which means price will stay here for a while and then there will be a correction. Sure it may take some time but at that means you can sell now and not worry, eventually it will fall and you can rebuy at that price when it drops. Its quite a good arrangement if you ask me.


Title: Re: Should I sell bitcoin now?
Post by: bitbunnny on May 01, 2020, 08:50:37 PM
Everyone needs to decide for himself.
From my point of view this is not the time for selling unles you realy need the money.
Recently we saw a price jump that didn't last on long term but it was good opportunity for day traders.
Now the price puled back again but at this moment it's hard to twll what will happen next.
Anyway, it's very obvious that the world is heading towards deep and long term crisis and Bitcoin might be one of your safe harbours so don't sell just now unles you realy have to.


Title: Re: Should I sell bitcoin now?
Post by: KTChampions on May 01, 2020, 09:33:23 PM
Everyone needs to decide for himself.
From my point of view this is not the time for selling unles you realy need the money.
Recently we saw a price jump that didn't last on long term but it was good opportunity for day traders. [1]
Now the price puled back again but at this moment it's hard to twll what will happen next.
Anyway, it's very obvious that the world is heading towards deep and long term crisis and Bitcoin might be one of your safe harbours so don't sell just now unles you realy have to. [2]

1.) There is no difference for traders in which direction the price goes - they are only interested in volatility. I think this category of bitcoin users should not be attributed to those who are really worried about its future.
2.) This is an interesting assumption - is it scary how bitcoin behaved at the beginning of this crisis? It was falling faster than the stock market.


Title: Re: Should I sell bitcoin now?
Post by: cafetools on May 01, 2020, 09:54:29 PM
My plan is to HODL the top 3 coins for the next 10 years, keeping them safe is a priority, and keep buying but not sell. Trade yes. I might get a trezor once i have a certian amount (a lot)

I think in 10 years 1 BTC will buy me a small house


Title: Re: Should I sell bitcoin now?
Post by: mahilchii on May 02, 2020, 12:01:25 PM
My plan is to HODL the top 3 coins for the next 10 years, keeping them safe is a priority, and keep buying but not sell. Trade yes. I might get a trezor once i have a certian amount (a lot)

I think in 10 years 1 BTC will buy me a small house

Perfect, that's the plan of the decade I will say. Mate I really appreciate your height of confidence and I wish your dream come true if you are truly planning for such stuff.

Crypto is only for those who plan for long term people these days are expecting quick money which is a real risky move and ending with losing money, I am really happy with your plans mate best of luck...


Title: Re: Should I sell bitcoin now?
Post by: mace15 on May 02, 2020, 02:26:13 PM
We have different assumptions about bitcoin price if this is the time for selling. The current price is back to $8k and in my view we cannot determined if the price would climb back to $9k again. In my opinion, I’ll hold and always observe the market until such time to see a good opportunity to sell.


Title: Re: Should I sell bitcoin now?
Post by: kesmex on May 02, 2020, 06:33:04 PM
We have different assumptions about bitcoin price if this is the time for selling. The current price is back to $8k and in my view we cannot determined if the price would climb back to $9k again. In my opinion, I’ll hold and always observe the market until such time to see a good opportunity to sell.
prices once again touched $ 9,000, and eventually dropped to $ 8,800, hoping resistance at $ 9,000 could be surpassed but it seemed very difficult,
we needed a FOMO boost now,


Title: Re: Should I sell bitcoin now?
Post by: KTChampions on May 02, 2020, 09:59:35 PM
~
Crypto is only for those who plan for long term people these days are expecting quick money which is a real risky move and ending with losing money, I am really happy with your plans mate best of luck...

 ;D In something you are right. If we look at the graphs from a distance of several years, we might think that this is so. But if during the year we actively "work" in the crypto, then we will see how everything changes very quickly here. Each year is a new era. Have you noticed this?


Title: Re: Should I sell bitcoin now?
Post by: ancafe on May 03, 2020, 07:02:31 AM
We have different assumptions about bitcoin price if this is the time for selling. The current price is back to $8k and in my view we cannot determined if the price would climb back to $9k again. In my opinion, I’ll hold and always observe the market until such time to see a good opportunity to sell.
prices once again touched $ 9,000, and eventually dropped to $ 8,800, hoping resistance at $ 9,000 could be surpassed but it seemed very difficult,
we needed a FOMO boost now,
for now, it looks like the price is so close to the price of $ 10k. I assume that in a few weeks, the price of bitcoin can reach $ 10k, whether it's before or after halving. however, right now the price is moving up, so I have that assumption. so, for those who have bitcoin in their wallet, it is better to hold it right now.


Title: Re: Should I sell bitcoin now?
Post by: YOSHIE on May 03, 2020, 02:08:55 PM
Everyone is telling that bitcoin is going to 3K.
If you do not have principles in cryptocurrency investment and trading, always guided by others and news in the media, you will experience failure to win against Bitcoin.

I have experienced something like that, first I got to know the world of crypto by trusting others behind, telling me to sell, ordering to buy, I bought, eventually failing without profit.
There are thousands of news about bitcoin right now, predictions, analysis, etc., and also people can only talk when we lose that person is missing.

So you have to have principles in trading and investing to get good results, follow your conscience, sell and buy Bitcoin.


Title: Re: Should I sell bitcoin now?
Post by: fourpiece on May 03, 2020, 02:21:13 PM
If i were you  i will wait for the 10,000$ price that will happen soon. It will give you much higher returns if you hold your bitcoin till the halving happens. But im not encouraging you to believe me,still the decision is for you to make.


Title: Re: Should I sell bitcoin now?
Post by: rodskee on May 03, 2020, 02:32:10 PM
according to Coin Market Capitalization Bitcoin is getting better now https://coinmarketcap.com/currencies/bitcoin/
 compared to what we have last month so maybe it is better to stay for at
 least couple of months before everything
change Plans because the price of Bitcoin may Go higher  because of Halving
but if nothing happens this month of May
 then plans will be for selling like what i am thinking specially this pandemic
 effect?i know it is understandable if we
will find the right way in treating our money and this is how to keep it safer.


Title: Re: Should I sell bitcoin now?
Post by: South Park on May 07, 2020, 05:40:41 PM
I think you should NOW. I don't know if it would be a good decision to sell back at that time, as we can see right now it would have been not so nice, however right now price is definitely perfect for selling. Right now bitcoin is all hyped up once again and correction will probably happen soon.

I realized corrections only happen when the price of bitcoin goes up a whole lot (like it did today) and it doesn't go up anymore, right now it looks like its not going to go any higher, I do not see a 10k very soon, which means price will stay here for a while and then there will be a correction. Sure it may take some time but at that means you can sell now and not worry, eventually it will fall and you can rebuy at that price when it drops. Its quite a good arrangement if you ask me.
And just a few days later bitcoin is getting very close to touch 10000 dollars again, this should show us how unpredictable the market can really be and it is an important lesson for all of us as well, if we want to take an important decision regarding our capital we are the only ones that are responsible for it, while it is important to listen to the opinions of others at the end of the day we are the ones that need to take that decision because our lives are going to be the ones to be affected if we make the wrong choice.


Title: Re: Should I sell bitcoin now?
Post by: shoreno on May 08, 2020, 02:48:19 PM
If i were you  i will wait for the 10,000$ price that will happen soon. It will give you much higher returns if you hold your bitcoin till the halving happens. But im not encouraging you to believe me,still the decision is for you to make.

your suggestion here are two ? one is by waiting for 10k usd and other one is by waiting for halving   . still this two are not yet perfect i mean the price can either fall back before it reaches 10k usd and it can also fall back during the halving event   . price right now is over 9k usd and increase in btc over the past days are still impressive so if i were him i will take this oppurtunity   . its better than to be zero   .  anyway i could be selling now if i already recieve my salary in btc but they still havent paid me yet so i feel worried right now  . i hope price wont fall off yet


Title: Re: Should I sell bitcoin now?
Post by: STT on May 08, 2020, 03:09:04 PM
I can remember ages ago the issue of 10,000 coming up as an important number and I was far more confident at that point that such a round number doesnt actually mean that much.   Right this moment the 10k figure does happen to land on a rough trend I have drawn and true we have risen suddenly upto this point so profit taking can occur after rapid gains.   However I'm still apt to go with the general rule that 10k in USD is not a flat number in any other number of national currencies around the world and not everyone counts this particular area as anything significant even if many look to USD as a price.  
  Ultimately we all reference value in our local currency and costs we face for various products.   I think its quite possible we go past 10k without any great battle especially and reach as far as 11k or more before selling.   That'd upset quite a few who might have been trying to short, when they are 'forced' to buy it might be the last of the buyers and then we see the scales swing back to sellers as a majority hence weakness.    
  Also the greatest easy signal might be to watch main markets and general optimism there, any contraction can easily mean people cash out BTC holdings which can be leveraged in order to achieve liquidity and settlement of their account in midst of general selling or negative sentiment.  Its very possible for markets to be shocked or upset with the scale of this virus effects or data or medical trials to combat it, etc.