adaseb
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Activity: 3752
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October 25, 2015, 03:19:42 AM |
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It's pretty obvious that the long down trend in bitcoin is over and we are starting to head up.
No down trend or up trend. It is just another 200-300 cycle. If you have bought at 220, sell at 300 and wait to fall it to 200-220 again. Buy range is 200-220 and sell range is 280-300. Pretty much nailed. it |
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DieJohnny
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October 25, 2015, 03:20:34 AM |
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bitcoin bounced above $300 before just to crash to low 2s. short term holders may want to take their 10-20% gains. If there are enough of those to offset new money then down it goes.
if you are long, then you probably wont sell until at least a 100% gain, maybe more.
I am long, but skeptical. It is unlikely that I have chosen the one investment that is truly better than all other possibilities.
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Those who hold and those who are without property have ever formed distinct interests in society
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MrBig
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October 25, 2015, 03:26:45 AM |
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It's pretty obvious that the long down trend in bitcoin is over and we are starting to head up.
No down trend or up trend. It is just another 200-300 cycle. If you have bought at 220, sell at 300 and wait to fall it to 200-220 again. Buy range is 200-220 and sell range is 280-300. Pretty much nailed. it We should be closing in on $300 in the next few days, so we'll see if this prediction holds up or not. |
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Nahl
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Merit: 1000
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October 25, 2015, 03:50:03 AM |
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the price is quite good now around $288-$290 and i think not yet the time to sell now and i still hold my bitcoin wait the price reach $295
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Amph
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October 25, 2015, 08:10:02 AM |
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because some do not believe that we are going to break the 300 wall, thus they will simply play their cards in a good established range of quick profit
there must be someone who is feeding those guy, and those "someone" are those that believe that we can break the 300 mark
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dothebeats
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Activity: 3640
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Cashback 15%
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October 25, 2015, 09:00:48 AM |
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It's pretty obvious that the long down trend in bitcoin is over and we are starting to head up.
No down trend or up trend. It is just another 200-300 cycle. If you have bought at 220, sell at 300 and wait to fall it to 200-220 again. Buy range is 200-220 and sell range is 280-300. Pretty much nailed. it We should be closing in on $300 in the next few days, so we'll see if this prediction holds up or not. A few days of rise doesn't determine a 7-month movement up until the halving. Could be some whales trying to take up profits based on hype with the recent news and not organic market movement. |
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CoinNation
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Activity: 40
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October 25, 2015, 09:19:49 AM |
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We might have seen the bottom of bitcoin. The bitcoin price will consolidate around $280 and prepare for next push to $320 in the next two months.
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Mickeyb
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October 25, 2015, 09:35:31 AM |
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It's pretty obvious that the long down trend in bitcoin is over and we are starting to head up.
No down trend or up trend. It is just another 200-300 cycle. If you have bought at 220, sell at 300 and wait to fall it to 200-220 again. Buy range is 200-220 and sell range is 280-300. You can't tell this surely! I wouldn't have balls to sell my coins at the moment and to short it to $220 as you have suggested! What you have said is pure guessing! The new in trend and a new run is bound to start eventually. I wouldn't want to be left off in a station as train is leaving! The previous highs to 300+ happened too quickly for the price rise to be sustainable. The latest rise has been slow and steady so I wouldn't bet on the 200/300 cycle continuing this time. That cycle can't continue forever and this latest rise is probably the start of something much bigger that keeps going all the way up to the halving. Exactly this! Previous rises were parabolic rises on the news like Coinbase for example that lasted a day and then just crashed back down. This time around feels different. Steady rise! I mean, heck we are pushing it even more up during this night. There is a constant upward pressure! I guess we'll see everything soon, who are right and who was wrong!  |
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Denker
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October 25, 2015, 09:42:59 AM |
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some people bought earlier this month at a cheaper price and they simple want to cashout out on their quick profit.
And they will cry if we continue climbing.This time I think we continue rising after a short and low dip. |
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freedomno1
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Learning the troll avoidance button :)
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October 25, 2015, 10:15:27 AM |
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some people bought earlier this month at a cheaper price and they simple want to cashout out on their quick profit.
And they will cry if we continue climbing.This time I think we continue rising after a short and low dip. The true test is $300 however the rise to $290 to $280 before the end of the month is a good sign And the last October rally we had well brings back delusions of grandeur he-he |
Believing in Bitcoins and it's ability to change the world
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designerusa
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Activity: 2310
Merit: 1028
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October 25, 2015, 10:20:10 AM |
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Some people thinks price is not stable and quickly sells at little highs.
Some people hold, even add more buying, waiting for next 2 years.
It is pretty much personal decision.
I am planning to buy for example.
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1Referee
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Activity: 2170
Merit: 1427
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October 25, 2015, 10:27:18 AM |
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Traders who bought around $220 are better off taking some profits than thinking later why they haven't sold as they had the chance. I think we'll struggle to see the price go and stay over $300. For now we seem to have reached the top, it's better to take profits if you're a short term trader and buy back lower.
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CoinNation
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October 25, 2015, 10:58:49 AM |
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some people bought earlier this month at a cheaper price and they simple want to cashout out on their quick profit.
And they will cry if we continue climbing.This time I think we continue rising after a short and low dip. The true test is $300 however the rise to $290 to $280 before the end of the month is a good sign And the last October rally we had well brings back delusions of grandeur he-he The price is already $293. So the sign is good. It is the consolidation time. Don't rise too fast. |
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CoinNation
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October 25, 2015, 03:38:14 PM |
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But for me its time to sell yeah  Because my prediction is after hit $300 or $320 bitcoin price will fall down again and will rise up again in next year. But just my prediction and I not sell all my bitcoin just some little. If it reached your target, just sell. |
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Morecoin Freeman
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October 25, 2015, 09:21:59 PM |
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If it reached your target, just sell.
Yes, always stick to your plan. Good chance we are at the top since we have been trading in this $220 - $300 range for the entire year. |
Ask the stranger he knows who you really are.
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richardsNY
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October 25, 2015, 09:36:15 PM |
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It's not worth to sell at the moment as you can probably sell for a better price later.
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MissionPhailed
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October 25, 2015, 09:41:31 PM |
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Nah, I won't be selling anytime soon. In the scenario the current rise is just small and temporary and prices go down again, it'll be a nice oppertunity to scoop up BTC once more.
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Hugroll
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October 25, 2015, 09:43:00 PM |
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guys please dont dump your coins. itll only lower the price  just keep believing in bitcoin its bound to go up. you've hodled this long, just keep hodling on |
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1Referee
Legendary
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Activity: 2170
Merit: 1427
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October 26, 2015, 01:17:06 AM |
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guys please dont dump your coins. itll only lower the price just keep believing in bitcoin its bound to go up. you've hodled this long, just keep hodling on $300 is the absolute top currently on exchanges as Bitstamp and Bitfinex. They didn't even made an attempt to break through the $300 barrier. Bitstamp's high is $296 and Bitfinex's high is $295.99. People know that, and that's the reason we are seeing people taking profits now instead of waiting to sell over $300. |
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Hugroll
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October 26, 2015, 02:08:25 AM |
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o i didnt think about the traders lol, i guess its not that bad cuz if theyre trading coins it doesnt really affect the price that much. atleast thats what i think.
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