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Author Topic: So BitCoin is at $520 right now... Sell or Keep for a few more days?  (Read 3146 times)
vervolioman (OP)
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May 29, 2016, 02:41:24 AM
 #1

I said it briefly at $532/BTC today. It just dropped down to $520. if you had a large investment (~50 Bitcoins), so that makes a big difference in a few thousand dollars...

Should i keep it for a little longer and hope it jumps again?
Or sell now as it seems to have already peaked?

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tobacco123
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May 29, 2016, 07:48:09 AM
 #2

Ignore the short term gain... keep it for another year and you will be glad that you did that!

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May 29, 2016, 02:57:43 PM
 #3

Ignore the short term gain... keep it for another year and you will be glad that you did that!

In the way to think I agree, but not on the lengh. Wait till mid-July, where price should be at its peak for the year, or maybe not, but at least still higher than now.
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May 29, 2016, 03:14:32 PM
 #4

Ignore the short term gain... keep it for another year and you will be glad that you did that!
thats true, i wouldnt just hold all my bitcoins i have at the moment, i would buy even more of it in order to benefit more in the near future, hopefully this will allow me to make some good profit

i will sell only if we will reach a new all time high in the bitcoin price, in this way i would make pretty decent profit in my opinion and i wouldnt need to pay too much time for it
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May 29, 2016, 03:18:21 PM
 #5

Ignore the short term gain... keep it for another year and you will be glad that you did that!

In the way to think I agree, but not on the lengh. Wait till mid-July, where price should be at its peak for the year, or maybe not, but at least still higher than now.
We should hold till the halving, that would be the right time to sell, no doubt price is good now but if you have patience then you can earn lot higher profits in future.
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May 29, 2016, 03:18:52 PM
 #6

I said it briefly at $532/BTC today. It just dropped down to $520. if you had a large investment (~50 Bitcoins), so that makes a big difference in a few thousand dollars...

Should i keep it for a little longer and hope it jumps again?
Or sell now as it seems to have already peaked?

Selling anytime before the halving block reward and before reaching 1k $ will be considered as a bad move If you ask me . It's better to wait little bit more to make a better profit . After all , Bitcoin is a long term investment .

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May 29, 2016, 03:21:27 PM
 #7

I think it will keep rising till 600$ and will stay there for a while. We may see a decent dumping after the halving and can also see below 500$ but it will recover fast from there. There is an obvious Bull trend right now and like i say it will continue like that till the halving. It is safe to get away 1 week before the halving.

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May 29, 2016, 03:27:02 PM
 #8

quite difficult to predict the current situation, according to previous experience, when prices are rising fast enough and it certainly will be decreased. so maybe I will be ready to sell, when I saw it going down under $500

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May 29, 2016, 03:41:47 PM
 #9

i would definitely not start selling any of the bitcoins right now if i had such a possibility, and i will hold it as strong as i can for the upcoming months as i think its a really great investment option

im pretty confident that the profit will be massive and that i will might even have a chance to become a really rich person by just holding my bitcoins and not doing anything else

 
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May 29, 2016, 03:52:56 PM
 #10

quite difficult to predict the current situation, according to previous experience, when prices are rising fast enough and it certainly will be decreased. so maybe I will be ready to sell, when I saw it going down under $500

Don't sell it even if you see price drop, just hold it till the halving, price gonna much higher at that time and even if price falls now it will not affect the price at halving.
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May 29, 2016, 04:00:01 PM
 #11

quite difficult to predict the current situation, according to previous experience, when prices are rising fast enough and it certainly will be decreased. so maybe I will be ready to sell, when I saw it going down under $500
Hm..until halving period is not yet done ,there's still big fluctuation in the market value .the best thing to do is wait for it only a few days left .if you can still hold it hold it and keep it.


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May 29, 2016, 04:01:13 PM
 #12

I said it briefly at $532/BTC today. It just dropped down to $520. if you had a large investment (~50 Bitcoins), so that makes a big difference in a few thousand dollars...

Should i keep it for a little longer and hope it jumps again?
Or sell now as it seems to have already peaked?

Closely watch,if bitcoin will keep above 520$ level,than we will see 650$ soon
personally i think btc will be at 650$

 
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May 29, 2016, 04:09:02 PM
 #13

Keep it and hold it till next year ,we might not even know that it could hit 2000 for the record in 2017.all of us will benefit on those happening to bitcoin
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May 29, 2016, 04:09:36 PM
 #14

...

I have no idea where BTC price will go in the weeks/months ahead.

That said, were I more of a speculator (short-term actor, buy/sell to make profits) I might sell some if WAY ahead (I am just barely ahead at >$500).

But, if you are going to SELL BTC, where would you put your profits?  Into investments?  Spend it?

The only time I have "spent" Bitcoin was for gold.  Works for me.  I will hang on to my BTC for a while yet.
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May 29, 2016, 04:12:52 PM
 #15

I said it briefly at $532/BTC today. It just dropped down to $520. if you had a large investment (~50 Bitcoins), so that makes a big difference in a few thousand dollars...

Should i keep it for a little longer and hope it jumps again?
Or sell now as it seems to have already peaked?

Closely watch,if bitcoin will keep above 520$ level,than we will see 650$ soon
personally i think btc will be at 650$

I really like your prediction! Hope you are right. I always thought Bitcoin will be over $500 by this Summer but it looks like it will be even more than that. Hope you are right mate.

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..CASINO....SPORTS....RACING..


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pearl11
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May 29, 2016, 04:23:18 PM
 #16

Last week it was only 440 and after 5 days that is today it went up upto 522 this morning, bitcoin go up +80$ in less than a week, what if bitcoin increases +80 per week? Amd when halving starts it will stop
Hugroll
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May 29, 2016, 04:25:56 PM
 #17

I said it briefly at $532/BTC today. It just dropped down to $520. if you had a large investment (~50 Bitcoins), so that makes a big difference in a few thousand dollars...

Should i keep it for a little longer and hope it jumps again?
Or sell now as it seems to have already peaked?
i would personally wait another month or so, right before the halfing hits. I think thats when the price would be at its highest point.
jangloos
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May 29, 2016, 05:39:22 PM
 #18

This is time to hold and I also believe there is much more to come in coming weeks.This is warm up for halving.I don't increase at halving will be permanent of temporary but price will be much more higher than now.It will bring also good new floor which will be permanent.I am in favor to wait and see by holding little more.
ahmedjadoon
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May 29, 2016, 05:42:50 PM
 #19

Just wait for halving.
Viviyang
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May 29, 2016, 05:44:22 PM
 #20

The price just broke out of the last trading range, so it has further to go. It is better to hold your coins.

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