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Author Topic: BUY and SELL IT!  (Read 1945 times)
MingLee
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May 11, 2016, 04:55:49 AM
 #41

I have bought at $450 and i will sell it a week or few days before the halvening. Because i think price will be too volatile during halvening.
Probably a good estimate, the price will -likely- go up, but it will be fairly insane to track the markets during the halving. People are going to be moving their money left and right, and this could allow for some opportunities where you can sell for a lot of money and then back away until everything settles down and everything gets back to normal and everyone settles in with the new value of Bitcoin, be it up or down in value.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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May 11, 2016, 01:18:04 PM
 #42

I have bought at $450 and i will sell it a week or few days before the halvening. Because i think price will be too volatile during halvening.
Probably a good estimate, the price will -likely- go up, but it will be fairly insane to track the markets during the halving. People are going to be moving their money left and right, and this could allow for some opportunities where you can sell for a lot of money and then back away until everything settles down and everything gets back to normal and everyone settles in with the new value of Bitcoin, be it up or down in value.
a good option to sell before halving, more precisely when approached halving. because possibility when it the price will increase because more people are buying bitcoin, but if after halving, I was worried there would be a big dump, because many people are waiting for the price increase.

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May 11, 2016, 01:28:23 PM
 #43

I have bought at $450 and i will sell it a week or few days before the halvening. Because i think price will be too volatile during halvening.
Probably a good estimate, the price will -likely- go up, but it will be fairly insane to track the markets during the halving. People are going to be moving their money left and right, and this could allow for some opportunities where you can sell for a lot of money and then back away until everything settles down and everything gets back to normal and everyone settles in with the new value of Bitcoin, be it up or down in value.
a good option to sell before halving, more precisely when approached halving. because possibility when it the price will increase because more people are buying bitcoin, but if after halving, I was worried there would be a big dump, because many people are waiting for the price increase.

Yes I think selling before or at the time of halving would be more profitable, as it might fall back once the halving is done, so do not hold too long, sell when you sell high price.
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May 11, 2016, 07:22:06 PM
 #44

When the price drops on a particular day by 20% or more, that's the best day to buy bitcoins as per the bitcoin charts. You can sell it when you earn a good amount of profit and for me it's 30-35% more than the rate is the best price to sell your BTC.
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May 12, 2016, 02:08:53 PM
 #45

I have bought at $450 and i will sell it a week or few days before the halvening. Because i think price will be too volatile during halvening.
Probably a good estimate, the price will -likely- go up, but it will be fairly insane to track the markets during the halving. People are going to be moving their money left and right, and this could allow for some opportunities where you can sell for a lot of money and then back away until everything settles down and everything gets back to normal and everyone settles in with the new value of Bitcoin, be it up or down in value.
Buying will be not even that problem now and that is because the value is also not that high so that is nice if you want to make an investment now.
But you have to sell it on the right moment after the price rise so you can earn huge profit with it and that is nice if that is possible.
chaosknight
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May 12, 2016, 02:23:33 PM
 #46

When the price drops on a particular day by 20% or more, that's the best day to buy bitcoins as per the bitcoin charts. You can sell it when you earn a good amount of profit and for me it's 30-35% more than the rate is the best price to sell your BTC.

Yes the important thing is you need to sell only when you are making profits from it, and even if you have to wait longer you should wait and not sell by getting panic.
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