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Author Topic: Should we sell btc?  (Read 29595 times)
agustina2
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May 20, 2016, 01:20:23 PM
 #581

It's not the right time to sell, these days the price was decreased for about $20 and i don't see any needs to sell them, i believe that the bitcoin price will be increased much more in the upcoming months.

Yeah the price has increased about $20 from the last week. So its a good time to buy than selling. The price looks to rise in the upcoming months and with patience you can hold as the countdown for halving have been started in several websites.

I am also waiting for the price reached $500, but if I already get profit I will sell it. For $500 may still long.

Agree if already on profit no mistake if you will sold your coins. Because after you sold your coins you can still purchase again and now do the holding process to wait for another profit.
SquallLeonhart
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May 20, 2016, 01:51:06 PM
 #582

It's not the right time to sell, these days the price was decreased for about $20 and i don't see any needs to sell them, i believe that the bitcoin price will be increased much more in the upcoming months.

Yeah the price has increased about $20 from the last week. So its a good time to buy than selling. The price looks to rise in the upcoming months and with patience you can hold as the countdown for halving have been started in several websites.

I am also waiting for the price reached $500, but if I already get profit I will sell it. For $500 may still long.

Agree if already on profit no mistake if you will sold your coins. Because after you sold your coins you can still purchase again and now do the holding process to wait for another profit.

If you bought you coins@ $250 then I don't think you should wait longer, its the best time for you to make profits, and I did the same thing in last week.
rektDude
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May 20, 2016, 02:40:34 PM
 #583

I highly recommend to hold the bitcoins for now because of the upcoming of halving on July. But if you really badly needed the money just what like above posts, we can't please you what you wanted to do. These are just a guide and advice we know that you can have take more advantage.

You are right about that its good to hold up your bitcoins now, the halving is coming and the fact that the bitcoin grows makes it for me good to hold it.

We can better wait a longer time and that can be nice because if you are selling now than you wot have that huge profit and that is bad because you are greedy.
If you started to use Bitcoin you need some patience and that is the most important in Bitcoin.
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May 25, 2016, 02:02:34 PM
 #584

Not to sell the bitcoins now is the more advisable because there's the high chance that the value itself would increase so you can make a good profit when the right time comes.
We have our own preference on how we will manage our coins, so it is really always up to you.

ElpadroBitcoin
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May 25, 2016, 02:59:43 PM
 #585

It would be better if you are selling it in the future if the value is much higher and that is important but it is still hard to know what will happen with the Bitcoin so that is risky.
But you also know that the value is rising slowly now and the halving is also coming towards to us.
Galiatram
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May 25, 2016, 03:01:10 PM
 #586

That depends about how many you have and for how much you bought them. Dont sell them if the price is lower then where you bought your coins for but i think that you know that. Sell them on the best moment i will wait a coouple of time.
BitsandBites
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May 25, 2016, 03:08:35 PM
 #587

If price fall down below 400 usd would it be good to sell it ?
No that is not a really good price to sell your Bitcoins for. I would wait for the price to go up even more so that you can make more of a profit. Be patient and I am sure that it will pay off.
agustina2
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May 25, 2016, 03:09:03 PM
 #588


We have our own preference on how we will manage our coins, so it is really always up to you.

After a week, I have now found a post with sense rather than repeating that "no don't sell at price is not good" , "don't sell halving is coming" etc.

Yes we have our own preference on how we will execute to move our coins whether to buy or sell. Just give some nice insights to your actions, sold when profit, buy when dip. Easy to say indeed but really majority can't follow.
Herbert2020
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May 25, 2016, 05:15:51 PM
 #589

If price fall down below 400 usd would it be good to sell it ?
No that is not a really good price to sell your Bitcoins for. I would wait for the price to go up even more so that you can make more of a profit. Be patient and I am sure that it will pay off.

well, i think you either have to be a long term investor to think like what you said and just hold for the period of time you have set for yourself like a year or five.
or you have to be a day-trader and always look at the market to sell if the price goes down and not wait for $400 and sell sooner and buy back when it stopped.
so you have to choose a category first.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 25, 2016, 05:22:50 PM
 #590

If price fall down below 400 usd would it be good to sell it ?
No that is not a really good price to sell your Bitcoins for. I would wait for the price to go up even more so that you can make more of a profit. Be patient and I am sure that it will pay off.

Actually that depends on the margin you're comfortable with. If you're way down and can no longer risk the losses, then that's the right price to sell, be it $350 or $400.  Smiley

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fravia
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May 25, 2016, 05:55:47 PM
 #591

If price fall down below 400 usd would it be good to sell it ?

i think that it would be really bad moment to sell your bitcoins as price will rise anyway, also halving i July, so if price would fall to 400$ we should keep our bitcoins now and not sell them

and like someone said, it would be really good moment to buy more bitcoins then as 400$ is very good price to buy bitcoins, so you could sell them later for more and to get profit

 
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chaosknight
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May 25, 2016, 06:04:31 PM
 #592

I don't think this is the right to sell, if you are really looking for huge profits then you should hold it for while and sell when price goes higher.
Jmild1
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May 25, 2016, 06:10:45 PM
 #593

I don't think this is the right to sell, if you are really looking for huge profits then you should hold it for while and sell when price goes higher.

Then what price you think is enough for the word "high"
The current value of bitcoin is 448 bucks, does 460 to you doesn't high enough?
The one who suggest things should give a more specific details of what he is suggesting otherwise your suggestion is not useful enough if you jsut give general words.
eddyubachs
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May 25, 2016, 07:12:09 PM
 #594

I will surely not sell my coins at this stage, I will wait for halving and will only sell when I see the higher value.
zimmah
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May 25, 2016, 08:11:52 PM
 #595

If price fall down below 400 usd would it be good to sell it ?

sell when the price is high, buy when the price is low

most people do it wrong

if the price is falling, that's the time to buy.

There are only 2 valid reasons to sell when the prices fall:

1) You need the money, and the fall just happens to be on the exact moment you needed money, unfortunately for you.

2) You expect the fall to bring the total collapse of the asset you own, and you don't think the asset will ever recover (during your lifetime), so you sell it to cover your losses.

Since 2) is unlikely to happen (bitcoin is very likely to recover and gain much more value within a short time period, so selling will only cost you money) it's a bad idea to sell when the price is low, unless you absolutely need the money right then.
jamesl22
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May 25, 2016, 09:18:36 PM
 #596

No this is not the right time to sell, just hold it for next few months if you really wanna earn some profits from it, halving will really take price higher.
fkvidar
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May 25, 2016, 09:52:44 PM
 #597

No this is not the right time to sell, just hold it for next few months if you really wanna earn some profits from it, halving will really take price higher.

Yeah if you want to earn some extra profits then hold it till halving as if you sell now you wont earn good percentage of profits, better to hold of next few months.
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May 28, 2016, 05:45:23 PM
 #598

You may sell some of your bitcoins for extra profit but hold most of them. We can maximize the amount of our btc without selling them. There's a lot of ways that we can accumulate while waiting for the halving... so it is really advisable to keep your coins for now. The right time of selling is very near.

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May 28, 2016, 05:47:44 PM
 #599

You may sell some of your bitcoins for extra profit but hold most of them. We can maximize the amount of our btc without selling them. There's a lot of ways that we can accumulate while waiting for the halving... so it is really advisable to keep your coins for now. The right time of selling is very near.
It's finaly $500 after almost 7 months and I already sold my bitcoins today as I had bought them in November and had been holding since then. It's again a jump in the price that won't last long and hence others who are earning profit by selling their bitcoins should go ahead and do so as it may soon drop again.

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SquallLeonhart
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May 28, 2016, 05:49:12 PM
 #600

You may sell some of your bitcoins for extra profit but hold most of them. We can maximize the amount of our btc without selling them. There's a lot of ways that we can accumulate while waiting for the halving... so it is really advisable to keep your coins for now. The right time of selling is very near.

Don't commit that mistake of selling now, hold if for a while, now we have entered into the best stage of bitcoin era, as now we will see some good days with bitcoin.
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