Bitcoin Forum

Alright,
So what you guys think is it the right time to sell bitcoins or should i wait ??? Also what will be the good price to sell my coins considering this month's prices ??

I'd wait unless you need the money. What's the point in selling them now on a low? And how much did you actually put in to them? No point selling at a loss, but if you're happy with the price currently sell them, but I'm sure holding for a while will soon pay off.

Never  ;D

No but who can tell you, only you can decide whether you need the money or are over invested etc.

if you need fresh money, sell now
if not, hold it and buy more BTC in lower prices
like hilariousandco said before, no point selling BTC in low prices ;D

Hold your Bitcoins, only sell if you really need the money.

Not in a hundred years I will sell my Bitcoins for such a low price. If price goes lower then I buy even more.

So hold your coins and be patient  8)

If you don't need the liquidity, then absulutely not

Just wait until the Mt Gox effect weans off. It may take a few months, as the volume was so large. A lot of negative publicity was also generated as a result of Gox. So wait until everything gets settled.

In the recent time bitcoin price went down so I don't think It's the right time to sell. Why you people buy coins with intention that the price will go up and you'll make some money, but the price falls down few 10's dollar's and you sell them? Then you see that It went up again and you think: "Oh why i sold my coins?". Personally I will keep mine till It hits at least over 500$. If you buy with intention that It'll go up, then wait till It goes up and don't panic. In my opinion you should keep them, but I don't actually know at what price you bought them, If at $350-$400 then of course you would likely sell It because you already made profit anyway.

Right now is the best time to buy them. It's like when Bitcoin went from $500 to $80, I think. People bought a lot of 'em then. And they made a pretty good profit in the long run.

I don't need money actually was just asking the forum to know weather iam doing right holding all my coins or i might go lower this year so i should sell them instead and i got the answer so for sure i'll be holding them now  ;) :)

Thanks everyone for your suggestions

Sell now and buy back later at around 250$

Or it may be when it went from 500 to 150 and you are not sure we hit the bottom but it is still a huge buying opportunity with all the upside potential

You can sell but be ready to buy back quick if there is a confirmed trend reversal. Also I'd recommend storing the fiat in a bank account rather than an exchange or its not worth the risk. use coinbase. start getting verified there now because it'll take a month till they raise you from 3k limit to 50k limit.

hodl 1 year and then sell at $6,075.970 /BTC.

http://www.cryptocoinstats.com/priceforecaster.php (http://www.cryptocoinstats.com/priceforecaster.php)
 :D

If you're worried, sell as much until you can sleep well.

There's no guarantee for getting 500 or higher again in the future. Take the possibility into account that the price might fall to 100 or lower without ever recovering.

One note about Coinbase.  There isn't any way to set a limit order without additional software.
Adds at least one level of complication to attempting to rebuy at a bargain price.

I would only say that it's very RISKY to sell at this point. Downside is $259 and upside is a bubble similar to previous ones. February was a good time to sell because the end of the bubble was confirmed by a dead cat bounce. However, we are near a possible reversal. If the reversal doesn't happen, worst case scenario is we may end up in $259 support, the previous high of the 2013 bubble. Best case scenario, for me at least, is we reach $2000 - point at which I'll start selling.

For $2000, that would be a huge buying power, where is it?

New comers, investors, and the same people who sold.

If you look at the current liquidity, only 10,000 BTC dumped in bitstamp could push down the more than 10% easily. Similarly, the price could rise with only a small amount of new investment. The market is moved easier than you think. It will not take $20bn to reach a market cap of $25bn. It will be much much lower.

yep, in fact about 5% of that is only needed. but hey, everybody can't be rich, let whomever wants sell now :) this is an amazing opportunity to exit at the bottom, don't forget to enter back once the prices peak next time.

Corrected for you

Very risky to sell now. If you have not sold already you should hodl.

When it bounces up above 500, selling a few might be smart.

If you don't need cash, don't sell.

A lot of college kids need cash to pay rent, haha, everybody think they can make a quick cut  ;D

If you can wait a couple of years we'll have another block reward halving and the price is likely to go up a lot around then. If you can't wait 2 years then you can't afford the investment.

For starters, the reward halving already gets priced in.

More importantly, it only means there is new coins to be sold off. So the natural downward pressure is lessened, but does not increase the price.

For what its worth, I say holding for 2 years is a good plan too, but not because of your reason.

The right time to sell bitcoins is when you need the (fiat) money.  Sort of like any other investment.  Good Luck!

That would be a bad time to sell.

The Op has here all sort of opinions, mostly bullish.
On the permabulls, let me quote myself: https://bitcointalk.org/index.php?topic=588467.msg6544981#msg6544981
"They buy, with sacred faith, screaming like a kamikaze "to da moon", the ones you want to sell, no matter the price.
Then, since they are very strong people, with very powerful hands, they hold them, even against all trends. They hold and hold, even losing 80%.
They are always the last bulls standing. So, when they finally give up, losing 90% or something, they easily sell their bitcoins to you on the bottom. You see why it has to be the bottom? When even the perma bulls give up, almost everyone is a bear and, therefore, almost all the people that were willing to sell, already sold. Since there are few sellers, the price has to go up...
How nice are perma bulls, they help us on the top and at the bottom."

I don't know nothing for shore about the future price, but with the present data (mainly, the breach of the 380 support on bitstamp and a major lower low at 339) and fundamental terms (serious problems on China), it's much more risky to keep bitcoins than to sell them.
It's much easier to just keep them, hoping for better days, that might come only in the end of the year or next year, than to sell them and, specially, to have the guts to buy them again. Many times, a trader sells with a loss making a good decision, because the price drops, but then just hesitates in fear and ends up buying again too late. Perhaps, higher than the price he sold. Selling isn't easy, specially, losing money, but buying again might be even more hard. Losing puts the fear of the market on the bones of any inexperienced trader.

In doubt, you can always sell only a part of them.

That would be great time to sell if you are playing these swings. Have been working out well so far.

Imo if you made profit maybe sell :)

no. once 500 is broken again, we are back in an uptrend. you don't want to sell in an uptrend

sell your USD.

Agreed on the sentiment of your comment, but I caution about "above 500 = uptrend". I had, in the back of my mind, over the past few months fixed price targets that I assumed would signify a turnaround, and every time it turned out to be a false breakout.

Right now daily Ichimoku cloud's upper band is at ~520 (and falling to around 500 within a week), so that'd be a first step to take to make it look like an uptrend. But daily SMA200 is around 600. 2nd lowest fibo level of the entire downtrend sits at 654 actually, but at that point I would consider the reversal firmly established (corresponding to 120 last year -- by that time, the people who didn't buy back in felt the need to explain why they hadn't, not the other way around).

And in the end, whatever price, if volume doesn't play along, I'd be reluctant anyway to trust it.

Sorry for a slightly OT rant.

Right time to sell?

hmm i'll do that when Bitcoin moves to/around a new ATH. Selling 10 coins of my stack and rebuy them all when Bitcoin is at low-trend; woud be around $1500. I repeat that for the comming years.

I got my popcorn ready!

That is the best way not to be holding when it spikes up tremendously, how will you know we are at the top? You may be mistaken, if you are an amateur trader you probably will sell low and buy high and end up with less bitcoins that you would have if you bought and hold or bought and invest

Its not as simple as that, and even if it as uptrend it will take time to resolve AND there will be dips to the current range. Enough for us to make a profit.