$11k - when do you sell

[imking]

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!

It permanently depends on the desires of the person. If the person doesn’t need cash, there is no reason to convert it. But, if the individual is on the emergency no choice at all. Why you need to sell your bitcoin on enter on the low portion if you have an extra amount of cash, you don’t need to rebuy.  Re-buying is wasting of time. If you will sell your coins and then buy other coins that is good.

[Whosdaddy]

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!

Okay I first checked when you posted this and it was on November 2017, so let me just assume that you were among those that made profit from the rush or maybe you didn’t , but I still believe that you did.

Now let’s assume that you sold off at that price rate of 19k of last year and invested back at the rate of that 6k or 7k…then you’re supposed to sell out the time you saw that it reached 11k, but not all your bitcoin, just some of them or maybe half and then leave some with hope that price will go up,  but if it doesn’t then you can sell out all and wait for it to start going up again

[Bountyl]

It's a bad idea to sell so cheap. In my opinion, and when I start to sell not all, but only part of it is a minimum of 20. Because it is a red bitcoin price and not lower.I advise everyone to think about it.

[k1ng0fBTC]

Kind of funny to read this in July 2018. I remember that time I was thinking of investing quite a big amount in BTC... but I didn’t.

$11k is not big price for bitcoin. Many people bought bitcoin for much higher price than $10k. How they can sell their holding for this price? Or they will lose their money. I will wait till the time when the price reach at least $50k, no matter how much it will take. I need money and for that holding is better. I can overcome my daily needs with my regular income so no need to sell my holding.

[satana_igor666]

I constantly read the same questions and answers.  Act on the situation.  If you are not sure, then it's better to withdraw money, otherwise you can stay without them.

[weblouartisan]

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!

Its just $11k dollars, you can still wait for the highest price that might reach $20k just like what happened last year so keep on holding your coins today in order to earn more profit in the future.

[himtater87]

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!

Selling and holding at the right time will always give you a huge amount of profit but in the situation of the market today, the best thing to do is hold your coins in order to avoid losing your investments.

Of course I will take my entry into bitcoin world today with cheaper price. I am optimistic about the bright future of bitcoin. I admit that the price in these days is very low but it will increase in the near future. I want to make huge profits and this is the golden opportunity for making money form bitcoin investment. We may never find this price again in the future.

I have invested in cryptocurrency for my future dreams. Till that time I will never sell my holding. I want to buy my own house, a car and also want to start my own small business and for that t I need a lot of money and to earn money in the future I have invested in crypto because I think it is the only source of making huge profits in short time period.

[fredo123]

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!

With the cryptocurrency markets volatility, There's the Governmental and banking restrictions also to consider, So should you just sell your bitcoins? and will you sell all of them or keep some of them invested? But its definitely not an easy choice, so here's a strategy to figure out if you should sell your Bitcoins,
* If the risks worries you or you have pressing financial needs, experts recommend selling about 20-50% Bitcoins.
* Just because you have some bitcoins in your wallet doesn't mean you'll get rich instantly. If you don't want to wait very long to get good returns it makes sense to sell them.

[yurekaa]

I will sell my assets when I have benefited from the purchase price. so if the price is $ 11,000, I have not earned a profit then I will not sell my assets. I will keep holding until the price level goes up. if the current price continues to fall then I will prepare a reserve capital to be able to take advantage of this moment.

[BitcoinMyBlood]

Kind of funny to read this in July 2018. I remember that time I was thinking of investing quite a big amount in BTC... but I didn’t.

$11k is not big price for bitcoin. Many people bought bitcoin for much higher price than $10k. How they can sell their holding for this price? Or they will lose their money. I will wait till the time when the price reach at least $50k, no matter how much it will take. I need money and for that holding is better. I can overcome my daily needs with my regular income so no need to sell my holding.

I will sell my bitcoin when the price reaches to atleast $30000 because I have invested for long time and my dream is to build my own house, start my own small business and a world tour with my family. For all these things I need a lot of money and $11k cannot fulfill my dreams. I will wait for more no matter how more time it will take to reach to $30k.

[napi]

I will never sell bitcoin at a cheap price for now I just always buy as much bitcoin as I can because with my bitcoin I have the potential to be rich when someday when bitcoin is very difficult to obtain.

[welchmgra]

I constantly read the same questions and answers.  Act on the situation.  If you are not sure, then it's better to withdraw money, otherwise you can stay without them.

I think it depends upon the need. If you need cash money for your financial problems then sell your bitcoin. If you can survive without selling your coins then no need to sell your coins. your holding is your safe future and when you become older then you will need money and at that time bitcoin will help you a lot. Bitcoin investment should be for long time.