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sunsilk
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October 27, 2016, 04:30:02 AM |
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Base on what is happening now with bitcoin's price, I won't suggest to sell everything you have especially bitcoins because you will miss the chance to get some good profit.
So if you want to get good profit you will just going to keep on holding until the price is going to make you feel comfortable.
But if you are really in need of money and you need to sell, then that would be fine.
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Doms
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October 27, 2016, 04:43:49 AM |
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Wow, the price has reached $680 already and it seems that $700 really within reach already. Just a few days ago, I sold everything that I had, all .55 of them. Haha. I don't regret selling because I can't tell what the future brings. Besides, I badly need the money and needed to sell right away. I guess I will just have to wait for another dump or correction before being able to buy again.
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singularityisnear
Member
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Activity: 77
Merit: 10
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November 02, 2016, 08:11:55 PM |
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Sell everything possibly is not a very good idea. You need to analyze well the decision and do it based on the market conditions, trying to predict the consequences of this, to know if it's the right thing to do.
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betohell
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November 02, 2016, 09:33:24 PM |
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Sell everything possibly is not a very good idea. You need to analyze well the decision and do it based on the market conditions, trying to predict the consequences of this, to know if it's the right thing to do.
I think not always sell everything is a bad idea. if at that time the price rises and the pump, why do not maximize the opportunity to sell? after all, the price will change at any time right ? |
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kevinn669
Sr. Member
Offline
Activity: 241
Merit: 250
Tokens That Store Virtual Energy
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November 02, 2016, 10:02:23 PM |
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Sell everything possibly is not a very good idea. You need to analyze well the decision and do it based on the market conditions, trying to predict the consequences of this, to know if it's the right thing to do.
that's for sure. just need to analyze and weigh all. And only after that to make such important decisions |
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Shiroslullaby
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November 02, 2016, 11:00:07 PM |
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I'm not sure we will see a new ATH,
but the price of Bitcoin definitely seems to be on the rise.
I don't think that $800 by the end of the year/ start of 2017 is out of the question.
Your choice to sell or hold would be based on your initial purchase price and your need for money.
If you could do without the cash I think holding for at least a few more weeks would be wise.
The price may go flat for a bit but I really don't think we will see below $700 any time soon.
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freedomgo
Legendary
Offline
Activity: 3318
Merit: 1185
Playbet.io - Crypto Casino and Sportsbook
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November 05, 2016, 07:42:35 AM |
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I'm not sure we will see a new ATH,
but the price of Bitcoin definitely seems to be on the rise.
I don't think that $800 by the end of the year/ start of 2017 is out of the question.
Your choice to sell or hold would be based on your initial purchase price and your need for money.
If you could do without the cash I think holding for at least a few more weeks would be wise.
The price may go flat for a bit but I really don't think we will see below $700 any time soon.
Exactly, we should sell when we see profit and I guess it's time to sell now since the price is dropping.. Do not ride to much as there's more time to by when the price will be cheap again, good thing to make money in short term investment. |
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KingdomHearts
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November 05, 2016, 06:52:39 PM |
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I'm not sure we will see a new ATH,
but the price of Bitcoin definitely seems to be on the rise.
I don't think that $800 by the end of the year/ start of 2017 is out of the question.
Your choice to sell or hold would be based on your initial purchase price and your need for money.
If you could do without the cash I think holding for at least a few more weeks would be wise.
The price may go flat for a bit but I really don't think we will see below $700 any time soon.
Exactly, we should sell when we see profit and I guess it's time to sell now since the price is dropping.. Do not ride to much as there's more time to by when the price will be cheap again, good thing to make money in short term investment. you are right when see profit then sell but i think its not good time to sell their bitcoin because its hold time bitcoin increasing its price more and people holding their bitcoin for the next year because they sure that bitcoin price will more increase in the next year. |
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chineseprancing
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November 06, 2016, 12:49:47 PM |
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I sell every thing if really needed but if not i do not like to sell all my bitcoin because i know that the value of bitcoin will continue to be stronger in the future.
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eXtatiC
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November 06, 2016, 12:56:56 PM |
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Sell everything is not a good idea. I prefer to think about it and then take the decision.
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barabash
Newbie
Offline
Activity: 28
Merit: 0
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November 06, 2016, 05:00:18 PM |
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Sell everything is not a good idea. I prefer to think about it and then take the decision.
and I think it's not a good idea. No need to go to extremes. You should always think about the future and how to live now |
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Nagadota
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November 07, 2016, 05:52:31 PM |
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Sell everything is not a good idea. I prefer to think about it and then take the decision.
and I think it's not a good idea. No need to go to extremes. You should always think about the future and how to live now If you think about the future, you should buy some bitcoins. It will rise in value in the long term . |
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naidray
Legendary
Offline
Activity: 1232
Merit: 1029
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November 07, 2016, 09:00:47 PM |
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I'm not sure we will see a new ATH,
but the price of Bitcoin definitely seems to be on the rise.
I don't think that $800 by the end of the year/ start of 2017 is out of the question.
Your choice to sell or hold would be based on your initial purchase price and your need for money.
If you could do without the cash I think holding for at least a few more weeks would be wise.
The price may go flat for a bit but I really don't think we will see below $700 any time soon.
The price will surely rise to more than $800 by the end of the year but as the year 2017 begins, you do not expect to see increase in price because most businesses are starting affresh. There are good news all around about bitcoin adoption so you should expect the increase in price. This must be a buying time for more number of bitcoins. |
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ajun96
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November 07, 2016, 11:14:43 PM |
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Sell everything possibly is not a very good idea. You need to analyze well the decision and do it based on the market conditions, trying to predict the consequences of this, to know if it's the right thing to do.
that's for sure. just need to analyze and weigh all. And only after that to make such important decisions certainly before selling bitcoin Of course you have to analyze is it now is the right time to sell your bitcoin or not, I think if it was the right time because the prices are high because of the price increase, I think it's not a problem to sell all bitcoin you, you know not always sell all is a bad idea dude, because you can buy more when prices fall right? |
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Skarner21
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November 07, 2016, 11:45:44 PM |
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Sell everything possibly is not a very good idea. You need to analyze well the decision and do it based on the market conditions, trying to predict the consequences of this, to know if it's the right thing to do.
that's for sure. just need to analyze and weigh all. And only after that to make such important decisions certainly before selling bitcoin Of course you have to analyze is it now is the right time to sell your bitcoin or not, I think if it was the right time because the prices are high because of the price increase, I think it's not a problem to sell all bitcoin you, you know not always sell all is a bad idea dude, because you can buy more when prices fall right? I think for me i feel that this is the right time to sell bitcoin because the price is high different price from last to the present price if you bought bitcoin last mine for 600 plus or i think below 600 you already make $100+ usd that you can sell it right now .. and wait again for few weeks to see the price decrease .. and i think it will happen soon i just relay in old chart fluctuate so i think the price will reduce soon. |
Make crypto as your bank.
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daniahya
Legendary
Offline
Activity: 1932
Merit: 1000
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November 08, 2016, 12:25:51 AM |
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Sell everything is not a good idea. I prefer to think about it and then take the decision.
and I think it's not a good idea. No need to go to extremes. You should always think about the future and how to live now If you think about the future, you should buy some bitcoins. It will rise in value in the long term . Yes that is needed if you can see that bitcoin will rise in the future and have all the potential to pump. So while the price is still that not satisfying you should not be selling the bitcoins you have, you may your alt coins for profiting with bitcoin but don't ever sell your bitcoins. Just be patient and wait for the right time with the right price. correct all possible future bitcoin is going up after the mining berahir, for now the price of the bitcoin is unstable, it is better to now save the bitcoin you have and sell some only |
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Doamader
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November 08, 2016, 12:42:55 AM |
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There is always an amazing moment to sell the altcoins, usually when bitcoins gets more value others crypto does loose power against bitocin, look zec, it were traded already at 3 bitcoins, and went dow into the 2 dollars and now at the realistic value under augur.
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jaysabi (OP)
Legendary
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Activity: 2016
Merit: 1115
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November 08, 2016, 01:24:29 AM |
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The market did go through a correction this year, as the OP subject was predicting. However, I think the RBS analyst who made the prediction was anticipating a much longer and deeper downturn, as anyone following the advice to sell everything and move to cash has missed a big run up after the short correction market reversed course.
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Positid
Sr. Member
Offline
Activity: 378
Merit: 250
BULL RUN until 2030
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November 08, 2016, 08:49:23 AM |
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The market did go through a correction this year, as the OP subject was predicting. However, I think the RBS analyst who made the prediction was anticipating a much longer and deeper downturn, as anyone following the advice to sell everything and move to cash has missed a big run up after the short correction market reversed course.
There's no problem when you sell as long as you are selling it for profit, here it's a wait game and you need to have the right patience to be able to get the right timing.. You cannot make money here if you easily get panic with what is going on with the price, bitcoin may fall but the market is big and progressive. |
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hasiramasenju
Legendary
Offline
Activity: 980
Merit: 1000
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November 08, 2016, 12:02:28 PM |
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The market did go through a correction this year, as the OP subject was predicting. However, I think the RBS analyst who made the prediction was anticipating a much longer and deeper downturn, as anyone following the advice to sell everything and move to cash has missed a big run up after the short correction market reversed course.
There's no problem when you sell as long as you are selling it for profit, here it's a wait game and you need to have the right patience to be able to get the right timing.. You cannot make money here if you easily get panic with what is going on with the price, bitcoin may fall but the market is big and progressive. basically we all at here be a bitcoiners want to making money so selling all to get profit is usual things even though very difficult to sell everything at the right time but in cryptocurrency world we will facing various situations who makes us maybe panic selling or panic buy indeed the market caps still big although the price falling down because bitcoin as the biggest cryptocurrency in the world but the market won't provide us profit automatically |
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