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Author Topic: BITCOIN - Time to buy? Time to sell?  (Read 7277 times)
Bitcoin Marketing
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December 02, 2015, 06:50:15 AM
 #1

Guys,

Since the last peek of 500 USD few weeks ago, the value is stable around 350 USD.
Its changing on hourly basis, we saw it again 3 days ago.
What do you think need to be done now, lets take 10 BTC as example.

Sell the 10 BTC for the current value - as the price is going to crash
Keep the 10 BTC and fund t buy another 10 - as the price is going up soon

What do you think ?

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December 02, 2015, 07:12:08 AM
 #2

Holdng it like it will make u the next Phaoroh of Egypt  Smiley

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December 02, 2015, 07:13:16 AM
 #3

Time to hold, because if i sell, the price will rise.

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December 02, 2015, 07:20:41 AM
 #4

It is really hard to decide whether you but or sell your bitcoin because if you use BTC as an investment it will be so risky
To make profit you simply buy low and sell high , but with bitcoin to spaculate the high and the low is quite difficult
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December 02, 2015, 07:44:58 AM
 #5

you said it yourself, the value look stable at 350, so it's time to buy, i'm quite sure "they" are playing the same range 330-380 as it was with the previous trend

maybe wait some more, because right now it's dropping, and then decide, but at this range everything seems a good buying opportunity
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December 02, 2015, 07:53:05 AM
 #6

Dont think like a day trader, with 10 BTC you ll achieve nothing.

Think like an investor. In 7 months time, we ll have BTC block halving. This ll halve the supply of BTC, permanently. What do you think is going to happen with the price?

There s your answer.

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December 02, 2015, 07:59:59 AM
 #7

Whether it's a good time to buy or sell really depends on your plan and perspective. Are you a day trader or more of a longer-term investor? Whatever you are, just make sure that you are trading using a reliable exchange so that you won't get any unpleasant surprises.

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December 02, 2015, 08:41:45 AM
 #8

Guys,

Since the last peek of 500 USD few weeks ago, the value is stable around 350 USD.
Its changing on hourly basis, we saw it again 3 days ago.
What do you think need to be done now, lets take 10 BTC as example.

Sell the 10 BTC for the current value - as the price is going to crash
Keep the 10 BTC and fund t buy another 10 - as the price is going up soon

What do you think ?
I think you should buy bitcoins the halving will increase the price of bitcoin a lot.

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December 02, 2015, 08:42:14 AM
 #9

if you only have 10btc and lack fiat. and worry that its your life savings... sell half..
then if it drops you have $1750 to buy cheaper coins later.
and you will still have 5btc if the price rises..

if you only have $3500 and lack bitcoins, and worry that you might miss the boat or worried your buying too high.. buy half
then if it drops you have $1750 to buy cheaper coins later.
and you will still have 5btc if the price rises..

in both instances you will still have 5btc if the price rises.. and have $1750 in the bank to not panic over

but

if you have 10btc and alot of fiat, so that $3500 is not a great loss.. HOLD

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December 02, 2015, 08:52:58 AM
 #10

Just hold, and you should buy it if you have more money. Just wait and you'll see how much profit that you earned Wink
Well.. if you need your Bitcoin for real life purpose, selling is not a bad idea tho.

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December 02, 2015, 09:04:54 AM
 #11

Thanks for the advises guys Smiley

Summarizing all comments i have got to this: Better to keep your Bitcoins or maybe sell them ? LOL

I guess I will just wait with the 10 coins and see whats next. Its part of side project we are running with 3 different groups, we call them the optimistic, the pessimistic and the miners. Each reports on weekly basis what they will do next in case they will have extra 10 BTC in hand and we record all the comments into sprint file. ( Already holds 79 weeks of recording )

So again, thanks for commenting


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December 02, 2015, 09:27:06 AM
 #12

Guys,

Since the last peek of 500 USD few weeks ago, the value is stable around 350 USD.
Its changing on hourly basis, we saw it again 3 days ago.
What do you think need to be done now, lets take 10 BTC as example.

Sell the 10 BTC for the current value - as the price is going to crash
Keep the 10 BTC and fund t buy another 10 - as the price is going up soon

What do you think ?

Don't sell. No one can predict how and what can happen with the price of bitcoin. If you will sell exist one probability (may be big and may be few, no one can know that) that you lose all your bitcoin if the price don't go more down than it is. Even if the probability may be very few, exist. So better hold than risk. If you don't sell you for sure will have your bitcoin. For sure. They will have big value with big probabilities, beginning the next year (after halving). Don't consider bitcoin as a "tool" to bring profits in short time. This is a wrong approach about it.

The only thing that can break this rule is a sure investment with it. But must be sure. I lost some bitcoins in such kind of way because thought that the investment was sure. But wasn't such. Told this example to give the importance of being "sure". It is sure when you are convinced 100% that your bitcoins cannot be lost. Otherwise only hold and try to find more. Or better to invest in new cryptos which can have future. See and evaluate their data, their philosophy, their support and their plans. Naturally of the owners. Are risky but the earnings (if does everything ok) can be colossal. Much more than the game sell/buy which cannot be predicted in any way how can be.
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December 02, 2015, 03:11:19 PM
 #13

Guys,

Since the last peek of 500 USD few weeks ago, the value is stable around 350 USD.
Its changing on hourly basis, we saw it again 3 days ago.
What do you think need to be done now, lets take 10 BTC as example.

Sell the 10 BTC for the current value - as the price is going to crash
Keep the 10 BTC and fund t buy another 10 - as the price is going up soon

What do you think ?

It all depends how long you planned to go with Bitcoin imo.
It seems you're not in for the long haul otherwise you wouldn't ask to sell or not.
It's difficult to give you a decent advice as the price is going up and down more wild at the moment.
If I would be in your situation however, I think I would hold the 10 bitcoins you have and maybe buy a bit more, but not 10 more.Follow the price the next days to 2 weeks and decide on that.
I believe the price will go down a bit this month due to christmas vacations and new years evening.
So accumulate and wait!
 

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December 02, 2015, 03:26:00 PM
 #14

For me it would be extremely risky to sell this close to the halving.
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December 02, 2015, 03:56:06 PM
 #15

As you can see even lots of negative news like bitcoin with criminal, france attack, silkroad etc price hasn't gone down like hell as bitcoin has get more mass adaption than before. If no-one manipulates the market i don't think there is any reason to go it down. So just hold it and sell at new ATH price.

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December 02, 2015, 06:27:36 PM
 #16

Buy and HODL! Roll Eyes

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December 02, 2015, 06:34:56 PM
 #17

Guys,

Since the last peek of 500 USD few weeks ago, the value is stable around 350 USD.
Its changing on hourly basis, we saw it again 3 days ago.
What do you think need to be done now, lets take 10 BTC as example.

Sell the 10 BTC for the current value - as the price is going to crash
Keep the 10 BTC and fund t buy another 10 - as the price is going up soon

What do you think ?

I managed to sell a nice part of my stash at 450's and some more at 420's I brought back in some last night and will continue to all the way into 2016. It will be going up for the halving and you want as much as possible for that. I hold what I have left  & buy more over next few months. I won't say what you or anyone else should do but you know what I'm doing.


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December 02, 2015, 06:45:33 PM
 #18

It depends on what do you want to do with your bitcoins, if you go long as long time investment and you think that price will go up its time to buy. If you have your bitcoins bought on lower prices and you think that bitcoin will go down sell them and buy at lower price.
I'm here for a long time investment, and so i will not sell at this prices.

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December 02, 2015, 06:52:47 PM
 #19

Looking through some graphs the other day I found a place in 2013 where the graph looked identical as it does today, except after this smaller 2nd dip the price continued steadily increasing until the mega bubble. Not very scientific, I know, but I think the fundamentals are there to suggest it. I think if you can hold for 6 months to a year then you should just buy now. It could collapse like last winter but it would rebound eventually. But if the price just continually grows from here on out then you'll never be able to recoup that opportunity cost. Of course theres a risk of a total meltdown so plan accordingly.
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December 02, 2015, 09:40:13 PM
 #20

Heck if I new this for sure, I would make a ton of money in no time! Seriously man, nobody knows this! And asking yourself these kind of questions will seriously make you go crazy since you will either lose big or win big. For this, you might as well roll a dice with your 10 BTCs, after all you have about 50% chances to win or lose.
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