Bitcoin Forum

Not a good year for a bitcoin price rally is it? The price just broke above 400$, time to sell before it falls back again. Log in to your exchange now.

No thanks.

Meeeeeeeehhhhhhhhhhhhh.  I had to sell 0.1 btc recently but I will sell no more.  I think we're going higher.

I'm actually having second thoughts abou selling my coins. I think it will be up for a few more. Let's see what will happen and I hope I'll get profit before the next fall.

If you sell in the coming days you have no clue.
This is just the beginning. Holding strong.

actually the current price is the highest since several weeks ago but recently just buy 0.1 btc and hold my bitcoin and i hope the price will rise up to $400 above soon or might be tomorrow

RSI and Stochastic both show way overbought, but the parabolic SAR shows that the trend continues upward, last I checked. conflicting SAR and RSI/Stochastic means that it's not necessarily a reversal yet

I'd say hold your bitcoins & fiat. Critical situation out there; if price rise has(really) begun, then(I'd say) wait & let 'em go above $450. BTW, a rise of 20-25$ isn't alarming(I'd guess).

I take it back... three dots above the candles on the SAR means trend in opposite direction.... It's going down at least for a little while.

https://i.imgsafe.org/d462399.png

Although volume for the downtrend is really low...

i always put some sell order higher than the market price but none of them were filled so far. and since it is a slow rise not a jump i don't think i will sell at $400

Interesting movement.  Might be hodling time though, this may go further.  with all of the headlines it is clearly a time to stay diversified.

You're trading on 5 minutes when we've steadily broken downtrends that have been going on for a while.  Bitcoin doesn't work on a small TA level, all you can do is get an idea from indicators to look at the big picture along with what the market is feeling at the moment.

Huboi is still $7 above the US exchange prices right now.  It's time to start heading back up after our plummet from $465.

http://puu.sh/n63rC/31b0ee2172.jpg

$400 is actually not high enough to consider selling... I suggest $1,000,000... But of course everyone has to think the same way for bitcoin to reach that price.

Nope. You are totally wrong with your speculation.
Price is gradually increasing now!

http://i67.tinypic.com/23w37k6.jpg

Although its below $400 but it has risen $11.10 within 24 hrs.
And i believe it will increase further.

I have also done exactly what you done, sold around 0.1 bitcoin when price just touched 390. Will not sell more as pumps is not so large this time that shows strong holding in market.

thanks but after much consideration I've decided to hold and wait for that $450 before I will reconsider whether I should hold further or sell.  :-*

i don't see 400 it's 390 right now, slow climb toward 400 maybe, but remember that the mental barrier is more liek to be 500 not 400 which was broken more than 1 time already

i would not sell right after the 400 is broken, maybe toward halfway for the 500 wall

Too soon to sell at $400 (even when we reach it since the all time high that I'm seeing for today is $390 only from coindesk so not sure where you checked but it's inaccurate). I would say at least let it go above $500 which by the looks of steady increase since couple of days ago then the trend might have started (on a slow phase).

I don't consider Chinese exchanges reaching $400 being a cool thing as it doesn't have much value for me. I want Bitfinex and Bitstamp to reach $400.

In the past China has had a huge say in where the global price of BTC goes.  They were the source behind the pump to $1,000+ a few years ago, and will probably be the source behind the next one.  Their trade volume can easily triple ours, so we're the small fish compared to them.

lol @ using Coinbase charts

https://i.imgur.com/rwD60k6.gif

No thanks, it's not the time to sell, we had the chance to sell when the price was at $460 or maybe more, i think i will not sell under $500

no, it wouldnt be the sell time for me, i really like using bitcoins and i will never sell it most probably

no thanks because i believe price will more than $400 in this month.. this just a beginning pumping  so we will see price higher than now.

it is always a good strategy to keep an eye out for price jumps to sell for a temporary profit but it has been a slow rise so far towards $400 and beyond.

Yes, but we bitcoiners ALWAYS believe the price is going to go higher, which it isn't necessarily. It may NEVER go above $400, even after the split coming up.

If you don't have large amount of coins doing trading will be not profitable. Bitcoin fluctuation creating great oppurtunities for traders. I don't have many coins so i will just wait and watch what will be high point this time. ::)

Wait when Chinese new year celebration ended and see what will be the price of BTC when Chinese returns from holiday

I think it is a good thing if you buy bitcoin in price <$ 350 because it will make you a profit but if you buy bitcoin in the price of $ 400 and want to sell when the price is> $ 450 better keep bitcoin you have, until the price'm really high because I believe when the price of bitcoin> $ 450 means that it is the beginning of a rise in price of bitcoin to the highest price

The price over at Huboi is above $410 now and not showing any signs of stopping.  I think we're getting ready to break through the 400 mark.  Now the question is will we be able to hold it or be taken down by the panic sellers...

Bitstamp, which is a real exchange btw, seems as if it has hit the roof. Trip to the moon cancelled I guess...

https://anonmgur.com/up/cbe08420fd69619301c7ac3dab7e0fc7.png

I think the reasoning behind the idea that you should sell at >$400 is that it seems like the market can't remain above $400 for an extended period of time.  :D

To be serious, however, I'd keep holding even after the price breaks $400. Some people who are trying to make some quick money can most likely do some quick trading and make some money, but I can't say that I would.

I'd hardly call this looking like it's getting ready to go back down, we've just managed to hit some resistance.  We may end up hovering here for a bit before breaking through it, but for the moment I'm still confident that we will.

http://puu.sh/n7dVa/f5bd201cd6.jpg

True that .. I had predicted this .. I had bought bitcoins when the price was 350 odd $ .. now going to sell it ..

There definitely will be some resistance at $400. People are going to book profits.
That doesn't mean that $400 = sell time. I am going to hold for higher profits.  :)

i am looking at the charts on https://www.huobi.com/ in the USD spot BTC tab and i don't see above $410 price!
the maximum price was $400 which was reached a couple of hours ago.

https://i.imgur.com/inHYuh3.jpg

after I buy bitcoin when priced under $388, and finally this time it touched $400 and time to sell :D

It's displaying as 412 on Bitcoinwisdom right now... may be using a different exchange rate.  Google seems to agree that it's over $410

http://puu.sh/n7iuf/95f28549b0.png

http://puu.sh/n7ik8/c74207e334.png

$380 is S3, $400 is the stronger support floor S2, and $412 is S1, so if the price is between these 3, then there won't be more damage to the value as compared to huge hikes that someone expects to dump their coins to get out...

Stability is the key we should be looking for...

Currently we range bounded between $350 and $415. For now, I don't see arguments to break either to the upside or to the downside. Not yet. Halving is still too far away and there are no other arguments for further rise. Therefore, if someone is day-trading, selling above $400 is noth that bad idea.

no, i won't sell them even if it will be around 200$, know why? because it will rise again someday, you just need to wait

I hold my bitcoin for the long term. So even $400 is a good buying opportunity. The price will rise a lot due to the halving.

Only panic noobs will sell their coins when the price is sitting around $200. After they sold at $200 they will buy back at $350. :D

Exactly this is what many users doing as they don't trust the bitcoin's nature. This can be a buy time as the price won't get back less than $400.
So surely the buyer will get a profit without any doubt.

Why now sell it ? Its not the right time now and that is not good for you money. You better can wait a while.
I hope later that more people just wait and sell it with a high value. You can see now that the value is rising very slowly.

if you'll do that, you will even make things worse,  becouse you'll make price even lover then it will be, if you wanna get money from bitcoins, wait till they'll go to 1000$

The price is higher than $400. But to me, it is still accumulate price. I believe it will go very high in the future.

If you are long term minded, then right now it is indeed accumulation time. Buy as many Bitcoins as you can before it's too late. I see a lot people say 'why didn't I buy when the price was still sub $400?' Don't make yourself regret not buying at sub $500 prices and buy NOW!

Its not a sell time I guess, Its a buy time for me, as I am trying to buy bitcoins now, as I am sure that price would be much higher in future, so I don't want this opportunity missed and keep on regretting in future.

i'm sure too but for me price above $400 to buy bitcoin is still high i would waiting under price down to below $400 and i think if i buy bitcoin at $380 soon or later i will take big profit.

bitcoin doesn't seem to go that much down to 380 again there is strong buy support right now.

Yes, I don't think that bitcoin will go below $400 for next couple of months at least till the halving don't worry by small drops, but it will not fall to a extreme level at a moment, it will rise in next few months.

If you bought it for a nice price <$300 you cns sell it, but why would you. The price will still rise this year.

No, very bad moment to sell then, you should wait for price rise, if you will sell at low price, you will make lrice just lower

If you bought in the 300 region, this is a very good moment to sell. IF you bought higher then i would wait and see what will happen.
Right now the market can go up or down very easily.

I think it is short-sighted to sell now. If the recent increase in a pump and dump, yes you should. However, it doesn't seems like it is. It was about 220+ in Oct/Nov last year and it has been >400 for more than a month- this is not pump and dump.

It has higher chance to go up than down.

Fully agree. I bought in most of my coins at around $220 and I have no intentions to sell. Not even if it drops to $300. Actually not even if it drops below my initial investment as I see bitcoin meaning more than that.

But I think you should sell a part of it and keep rest for the future, as you are getting good profits at this mode of time, If I would been at your place, I would surely sell some of my coins and earn profit.

I think that can be a good option to do that but it can also be a bit go wrong because of the fact its the bitcoin not predictable at all.
To do both it can be really smart, but you should just hold them for the halving in my opinion.

The best thing is just wait. Please have patience and just wait and see. The value must be high to sell it.
Otherwise you wont get much profit of it and that will be not good. You can see also now that the price is slowly rising and that is very good.

Selling now does not seem like a bad option. There is a high probability that it falls again to sub 400, and then there will be a time to buy.

hmm, i don't think there is a high chance as you put it so i will hold off any sale for now but i would surely buy if the price went down.

This rule isn't the best I've ever seen but is still quite right.

It's more 420 btw but that's the idea. When your btc price goes above 400 you can buy, and higher than 420 go and sell!

Well, you're right, if you want to profit in something like this, then buy if the price is below $ 400, and if the price is higher than $ 400 then sell it, then you will benefit

The price is >400 most of the time. So I believe that $400 is the new bottom. It is better to buy when it is around $400.

Most of the time = last 1 month?
We could easily see a reversal taking the price below $400.

This is not the right time to sell the price today is 422.7 and i think the price will not decrease below 400 and i think this the lowest price of bitcoin for now.. the price will rise again after halving ends..

It is possible for the price to drop below $400 for short period. But as long as there is adoption, the price will rise.

It has all to do with supply and demand. At the moment there is more supply than actual demand, which basically means that as long as we are before the block halving, the price can still go below $400 at any time.

with everything going on and block halving on route, i highly doubt we will go under 400 any time soon, if ever.
should be over 500 this year at the least, but it's always a gamble as i'm sure you all know.

i'd better develop it first than selling my coin at this price its still better than just waiting price to below $400

Forgot to buy when it was cheap?
Logically Bitcoin price should grow at least 100$ more.

I'm predicting bitcoin to hit $500 by the end of the year (or even earlier) so I suggest that you hold your bitcoins first guys, or at least multiply your coins first before selling them

$400 looks to be a good price for selling rather than the past years price. Can expect a price increase only after various months. So someone who doesn't have the patience to wait, selling at the current price is really profitable.

Yeah and if you have bought at $250 then I think this is the right time to sell as you are earning profits from it and if you have patience then you can hold it till the halving occurs.

if you buy bitcoin at below $ 380 then this might be the right time to sell bitcoin, but if you buy at the price of $ 400 bitcoin fitting, maybe this is not the right time, and maybe you should keep him

to be honest it does not matter when you buy your bitcoins it is still not the best time to sell it because the price has a lot of potential to grow now thus it would make you more money later

also in my opinion it would be better if you sold only at the new all time high as not dumping coins would allow the price to go higher and higher

Yeah your right this is not the best time to sell or to buy also.. and the alternative to have more bitcoin is to join in signature campaign and doing some task is services section so that you can make more bitcoins before halving.. we dont know the future of bitcoin but.. in my country i saw that bitcoin has a ptencial to grow in my country its nearly accepting bitcoins in some stores i heards in news that bitcoin will be use as payment is some stores here in my country.. i hope this is the good future and dont be panic to sell your bitcoin this is not the right time to sell your bitcoins..

This is another speculation which tells us to sell our coins that time when the price is climbing the $400 that time...Most probably he wants some of us to panic and sell..So some could take advantage to buy if their target price came in..

In the short term, >$450 is the sell time and <$410 is the buy time. The price is within a small range.

Hold on guys, not the right time to sell, let it cross $500 mark and then we can afford to sell to enjoy higher profits, just have patience and wait for next couple of months.

I believe $400 is a good time to sell, but if holding for a long from the starting days of $400 then holding for few more weeks to get some additional profit on your earning.

If the price does not break out. $450 is the sell price and the $410 is the buy price. We are still in range trading.

For the time being, maybe >$450 is the same time. In a few months, $450 is the buy price as the price will rise.

I think no, not yet, wait a little more...The price is still increasing and probably we will reach $500 by July, so don't sell yet if you are not in need of money..

It is better to save your coins and wait for the price to be higher then $400. The price was around $400 for a long time and people forced them selves to sell their coins because they maybe needed money.
But I suggest you wait because now the price is finally moving up again and you have the chance to make more money.

It will be smarter if you are waiting a longer time so you can sell it with a higher profit and that can be nice for you, but than you need some patience and not many people have that.
People with no patience are selling it too early and than they will lose some money and that would be bad for them.

Everybody want and needs to make fast money but i think that it is not the right/best time to sell bitcoin nowadays because bitcoin has more potential and i hope that the price will be much higher than now.

Yeah always making  quick money will not serve the purpose as this is not the perfect price to sell, but if wait and sell at the time of halving then you can expect better returns.

I don't know any good method to make fast money but the best way is by trading any alt coin that is in the pumping phase so this can be the fastest one.

I dont understand why people are so interested in altcoin if you have an opportunity to trade bitcoin,I am doing it and honestly I am earning good money from it.

The price is over $450 now. I think the price below 440 is the good price to buy. If it drops to that level, I will buy some.

But past few days the price rise is continuing, so this time is good to make profit. Earn as much possible and hold till the days of halving to experience the potential of bitcoin.

From the recent price action. I think it is better to sell when the price is $465 and buy at the price of $440.

If you are a trader, yes, that's the right price to buy and sell, small profit or if loss, small loss...But if you just want to convert your coins into cash, keep it a little long, since the price have shown a little action this week, IMO, it will repeat it again..  :)

Its not the right time to sell it and that is because the value is not even high enough now and that is bad if you are selling it now around this time.
But it would be nice if it will rise soon and that can be nice for you if you are making profit this year.

With the current price, I think it is time to buy coins now since the uptrend will repeat again in a few days/weeks. It is currently stabilizing at $450 and it is possible that we hit $500 in the third, if not last, week of May.

With the current trading range, I think it is better to sell at $470 and buy at $440. You can make some profit.

People are interested in altcoin because they are making money, see the ETH price recently and you will see how much would you/me or anyone else earn if we would bought few days before and sell today, the price was 0.016 and now it is 0.0204 and the profit is 27%! Trading bitcoin is good to and has less risk than altcoins.

The problem is when Bitcoin breaks out of this range in any direction.
If bitcoin goes up to $600, you would have sold at $470 and missed out on the potential for big profits.

that is always true at any price, if you sell at any rate there is always a possibility and the risk of missing out on further rises that is why it is a risky business but on the other hand you wouldn't miss out completely, you can buy again at $490 and sell above $500

if you sell bitcoin when the price of $ 400> it probably will not give you a significant advantage, may sell when the price of $ 500> that could give you a significant advantage

You could sell at 500 and then not even be on the train when we go up to 1000+. If i was sure it was going to retrace back down again i would love to sell then buy back but as it stands im not confident enought that i want to lose out if we were to hit the big time.

well first of all, i think that selling bitcoins for such a low price like 400$ is really dumb,  as most people bought them while they were 450$ or so, so they would lose money

and bitcoin usually rises back again after any fall so this would be a good reason to don't sell bitcoins, so i think that you shouldn't sell them anytime

It depends on the cost of obtaining the coin. For a miner with 0 cost of electricity, he can sell at any price.

But the miner will also try to sell as high as possible. Some of them will sell at any price if they have free electricity.

Not the same case with everyone, I bought at $220 last year so when it crossed $450 I sold some of coins and made a great profit from it.

Good, I suspect the price to dip as well due to this profit taking so better buy again once the price hits around 440 or 430.

It is a good price to sell for at least if you bought for around $200 then it is good if not I do not suggest that you sell at $400. So if you bought for a low amount and you can make some profit then you can sell now.

As you can see now you see that the value is going to be more worth and that is because it is now rising slowly because the halving is coming also towards to us and that is nice.
But the bad thing is that it can takes a long time until the value will be more worth.

if you buy below $ 200 price it is an excellent opportunity to sell bitcoin. you really get a considerable profit. unfortunately only a few people who save bitcoin they buy when the price is $ 200

Not many would have bought at that lower price in the past, and the ones who have bought at that price would have surely sold when bitcoin crossed $400 mark.

In 6 months, you would say that not many would have bought at that lower price of $450. Things change.

i don't hold any sub $200 coins, but i have bought several bitcoins below $250 in 2015 and i still have them in my cold wallets. i can sell them now and get a good profit from them, but i prefer to keep holding longer.

I have preferred to sell at $430 a couple of weeks ago and nowadays I am not convinced it was a good decision. I can see a slight bullish trend... with no reversion?  ::)

Wew lads, this thread is a bit old don't you think? I'm locking it now, start as I see it as irrelevant since the price is above 400$ for a while.