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Author Topic: Time to sell? Or to buy?  (Read 23926 times)
btc2double (OP)
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June 21, 2016, 12:30:22 AM
 #1

What do you guys think?
Since the price keeps going lower the whole day.

Also why is it going lower ?
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psylence
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June 21, 2016, 02:37:41 AM
 #2

Its going lower because there are more people that want to sell than people who want to buy
yhansky
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June 21, 2016, 03:05:16 AM
 #3

What do you guys think?
Since the price keeps going lower the whole day.

Also why is it going lower ?
Patience is a virtue.. just have faith it will definitely go back the way it is..
Im holding myself not to sell rigjt now,until it will go on the right track upward
janggernaut
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June 21, 2016, 03:05:54 AM
 #4

What do you guys think?
Since the price keeps going lower the whole day.

Also why is it going lower ?
Personally i think just hold your btc until halving happens,  and bitcoin price going lower because many people sold some their btc and predict if bitcoin price not going higher again than current price.
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June 21, 2016, 03:13:02 AM
 #5

Neither sell or buy, I would say HOLD for now and if you can earn Bitcoins much better than buy Bitcoins out from your pocket. I think this sudden drop of Bitcoin rate is because of Bitfinex trading was paused but Bitfinex claims that the reason is not about funds or security. Here is the announcement https://bitfinex.statuspage.io/
sobsitesearch
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June 21, 2016, 03:25:06 AM
 #6

Its going lower because there are more people that want to sell than people who want to buy
I agree with you man, this time thousand of users with also thousands of bitcoin in now holding in their respective wallet just wanting to wait until the price will hit on their appetite and no one want to buy because the price now was too high.
Ethey
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June 21, 2016, 03:29:17 AM
 #7

just some rich guys wanting there btc sold asap ;=)
this will fix until tommorow midday Wink

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June 21, 2016, 03:50:43 AM
 #8

Corrections are bound to happen and some seem that profit taking is the best thing to do now. The quick price increase would surely result in a lot of people already selling because of their intention to secure profits at the least possible time. This is all normal and I would just wait for the price to go down to $600 and then I'd buy a few and see what direction it takes from there.
Winoc
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June 21, 2016, 03:54:06 AM
 #9

What do you guys think?
Since the price keeps going lower the whole day.

Also why is it going lower ?
There may be a number of reasons for this but I dont think it is the time to panic..Bitcoin is just going backwards for a big pump in the future..Halvening will play a very important role here I tell you..I still recommend people to hold their coins and donot panic..
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June 21, 2016, 05:37:36 AM
 #10

It would probably depend on what price you bought at really. For example I bought at $300 and I'm still well in profit at $650, there is no reason why I wouldn't hold just to see how the market evolves. If the price keeps dropping fast, I'll just put a sell order at $400, that way I still make a small profit in case it drops further. Personally as long as I have more than my initial investment I don't mind gambling some of my profit and hope that the upward trend will persist  Smiley
Nivri
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June 21, 2016, 05:51:28 AM
 #11

If you have bought it at a lower price like 450-550 then you have the option to sell it but if you bought it the price range of 700+ from last week then just wait. I have trust that this bitcoin will rapidly rise on the last week before halving. Calm before the storm though. Patience. Wink
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June 21, 2016, 06:10:18 AM
 #12

What do you guys think?
Since the price keeps going lower the whole day.

Also why is it going lower ?
Currently nicer to not make a purchase or sale, you can wait and see when a good time to buy because was near halving of course we have to buy if you want to feel the advantage gained from the rise in prices due affect of halving.

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nururochac
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June 21, 2016, 06:13:07 AM
 #13

What do you guys think?
Since the price keeps going lower the whole day.

Also why is it going lower ?
Because the demand decrease too and it means people use to sell their coins yesterday that's why you see a sudden drop on the coin, maybe some of them are not taking the risk and just securing the profit they will make.
HeroCat
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June 21, 2016, 07:41:11 AM
 #14

BTC price will not be higher than 800 USD in this week I think, BTC price changes because sell/buy market changes.  Wink 
1Referee
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June 21, 2016, 07:44:20 AM
 #15

Just keep holding your coins as that is the best option right now. I think the reason the price went down was because of Bitfinex went down. As soon as it came back up, the price came up as well. Any price above $700 is a great achievement.
jamesl22
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June 21, 2016, 07:45:28 AM
 #16

BTC price will not be higher than 800 USD in this week I think, BTC price changes because sell/buy market changes.  Wink 

Yeah price has dropped now so I think this is the good time to buy some coins, and surely will not sell at current price, $800 is descent price to sell some coins and secure the profits.
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June 21, 2016, 07:46:10 AM
 #17

What do you guys think?
Since the price keeps going lower the whole day.

Also why is it going lower ?
At this moment you can do both if you want to and it depends on what you already have done. Sp if you now can make a profit by selling them then you can selll.
You can now also buy because the price is rising so you can make some quick bucks fi you want and have the money to do so.
BitsandBites
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June 21, 2016, 07:55:14 AM
 #18

What do you guys think?
Since the price keeps going lower the whole day.

Also why is it going lower ?
Patience is a virtue.. just have faith it will definitely go back the way it is..
Im holding myself not to sell rigjt now,until it will go on the right track upward
The best time to sell your Bitcoin is not around this time and that is because you have to know that there are more people that is having some profit now.
But buying will be now the bad thing that you can do and that is really bad because you have to know that the value is really high now.
yhansky
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June 21, 2016, 08:02:28 AM
 #19

BTC price will not be higher than 800 USD in this week I think, BTC price changes because sell/buy market changes.  Wink 
Im waiting for that price to sell all my coins, it would be nicer if bitcoin can reach that price before the end of this month,
Cause i really need money right now, for my sons school project
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June 21, 2016, 08:05:14 AM
 #20

Why sell? I think it is time to buy more because the price from being low a little, it is starting to rise again and that is the trend that we should be watching, for me that is the opportunity to buy.

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