What do you do when BTC shoots up?

[stomachgrowls]

Usually,  I'd take advantage of the situation and would gladly sell it  but since I'm keeping myself from spending my bitcoins to keep as many bitcoins as much as possible.

I will not do anything, Just continue to hold my bitcoins as usual. This is just a safe approach, Most traders might take the risk to earn more.

the fluctuation of bitcoin might make your bitcoin which you were holding not worth as much as before thus you've missed many opportunities to keep your wealth stay on its amount and value. holding bitcoin which is volatile also having some risk. even though it's about the value you deserve to get at the current rate of the time

Thats why we need proper calculation upon buying and dont make nasty decision about it, and try to buy at the lowest price if possible so if it will go down you can still have a higher chance to retain back your losses and if that pump well a higher chance of good profits we can get for certain good instance, but actually i believe on holding for now since price show's good flows for now and maybe we can see.outers.all time high at this point.

Holding off bitcoin will be ideal for those users who bought on $500 price i guess hence the lose will not be possible as of todays because we all know that bitcoins price wont drop like that low again even what bad news will come out it may dip its price but not low as that. Short trading on bitcoin will give you profits not just on holding it for long term.When bitcoins price shoots up then its time to celebrate.

[Zigsss]

I'm gonna sell some bitcoins when the time has come and the bitcoin is on a nice high price to be sold, I do not want to miss that chance like before.

[carlfebz2]

Usually,  I'd take advantage of the situation and would gladly sell it  but since I'm keeping myself from spending my bitcoins to keep as many bitcoins as much as possible.

I will not do anything, Just continue to hold my bitcoins as usual. This is just a safe approach, Most traders might take the risk to earn more.

the fluctuation of bitcoin might make your bitcoin which you were holding not worth as much as before thus you've missed many opportunities to keep your wealth stay on its amount and value. holding bitcoin which is volatile also having some risk. even though it's about the value you deserve to get at the current rate of the time

Thats why we need proper calculation upon buying and dont make nasty decision about it, and try to buy at the lowest price if possible so if it will go down you can still have a higher chance to retain back your losses and if that pump well a higher chance of good profits we can get for certain good instance, but actually i believe on holding for now since price show's good flows for now and maybe we can see.outers.all time high at this point.

Holding off bitcoin will be ideal for those users who bought on $500 price i guess hence the lose will not be possible as of todays because we all know that bitcoins price wont drop like that low again even what bad news will come out it may dip its price but not low as that. Short trading on bitcoin will give you profits not just on holding it for long term.When bitcoins price shoots up then its time to celebrate.

It depends on what kind of investor you are.If you like to hold bitcoin then its your decision because most people do hold off their bitcoins is to those person dont really bother to make up some investments or doing trading because they dont like to risk their money to earn money so they decided to better on holding it but there are people really loves to risk.

[el kaka22]

It depends on what kind of investor you are.If you like to hold bitcoin then its your decision because most people do hold off their bitcoins is to those person dont really bother to make up some investments or doing trading because they dont like to risk their money to earn money so they decided to better on holding it but there are people really loves to risk.

Yes I never bother about short term bitcoin fluctuations basically when we are targeting very big price levels definitely we will ignore small fluctuations or intermediate targets too.

Honestly I will not sell my bitcoins when it will hit $1000 or even $2000. Because I am waiting for a very big target, you may wonder like what those levels, yes I'm waiting and holding my bitcoins for my retirement life.

[RussiaIsBest]

I will sell it and withdrawal to my bank account with bitkonan site because they can directly send my bitcoins to my bank account with very low fees almost no fee  because I want buy house and car and some shares in real life and then open company and start to try trading in site like iq option.

[BitSat]

I will sell it and withdrawal to my bank account with bitkonan site because they can directly send my bitcoins to my bank account with very low fees almost no fee  because I want buy house and car and some shares in real life and then open company and start to try trading in site like iq option.

You are doing good job as trying to catch your dreams as me I am also doing same but right now nothing for house and car right now first of all trying to settle my home base work as its done then I can also chase my dream like you house and car good luck for both of us

[pooya87]

It depends on what kind of investor you are.If you like to hold bitcoin then its your decision because most people do hold off their bitcoins is to those person dont really bother to make up some investments or doing trading because they dont like to risk their money to earn money so they decided to better on holding it but there are people really loves to risk.

Yes I never bother about short term bitcoin fluctuations basically when we are targeting very big price levels definitely we will ignore small fluctuations or intermediate targets too.

Honestly I will not sell my bitcoins when it will hit $1000 or even $2000. Because I am waiting for a very big target, you may wonder like what those levels, yes I'm waiting and holding my bitcoins for my retirement life.

short term fluctuations of bitcoin price is actually a good thing for traders. and you can make good amount of profit each day from these changes and sometimes it is even bigger profit like the last weeks when price was changing a lot. of course it would mean spending more time on an exchange and having bots to watch the price go up and down to act on each change accordingly.

[shinratensei_]

Usually,  I'd take advantage of the situation and would gladly sell it  but since I'm keeping myself from spending my bitcoins to keep as many bitcoins as much as possible.

I will not do anything, Just continue to hold my bitcoins as usual. This is just a safe approach, Most traders might take the risk to earn more.

the fluctuation of bitcoin might make your bitcoin which you were holding not worth as much as before thus you've missed many opportunities to keep your wealth stay on its amount and value. holding bitcoin which is volatile also having some risk. even though it's about the value you deserve to get at the current rate of the time

Thats why we need proper calculation upon buying and dont make nasty decision about it, and try to buy at the lowest price if possible so if it will go down you can still have a higher chance to retain back your losses and if that pump well a higher chance of good profits we can get for certain good instance, but actually i believe on holding for now since price show's good flows for now and maybe we can see.outers.all time high at this point.

Holding off bitcoin will be ideal for those users who bought on $500 price i guess hence the lose will not be possible as of todays because we all know that bitcoins price wont drop like that low again even what bad news will come out it may dip its price but not low as that. Short trading on bitcoin will give you profits not just on holding it for long term.When bitcoins price shoots up then its time to celebrate.

It depends on what kind of investor you are.If you like to hold bitcoin then its your decision because most people do hold off their bitcoins is to those person dont really bother to make up some investments or doing trading because they dont like to risk their money to earn money so they decided to better on holding it but there are people really loves to risk.

The Bitcoin has got his sturdy chair. Their stabilization was being good every day, like today the price was getting shot up and they can stand on it for a more time.
Bad news will not give anything right now excepting about the bad news was attacking his system or fork. This is the advantages of bitcoin right now.

[EngWinston]

For bitcoin, I chose the investment, rather than speculation.So, I'll keep it when the value of bitcoin is raised.

[rickadone]

I will sell it and withdrawal to my bank account with bitkonan site because they can directly send my bitcoins to my bank account with very low fees almost no fee  because I want buy house and car and some shares in real life and then open company and start to try trading in site like iq option.

You are doing good job as trying to catch your dreams as me I am also doing same but right now nothing for house and car right now first of all trying to settle my home base work as its done then I can also chase my dream like you house and car good luck for both of us

I also have the same intension, as I am hopeful that the price of bitcoin is continuously increasing and hope that the increasing trend of bitcoin will continue say the price reach to 1000 USD levels in coming months. My dreams of achieving big also will come into reality when bitcoin prices shoots up.

[serjent05]

It depends on what kind of investor you are.If you like to hold bitcoin then its your decision because most people do hold off their bitcoins is to those person dont really bother to make up some investments or doing trading because they dont like to risk their money to earn money so they decided to better on holding it but there are people really loves to risk.

Yes I never bother about short term bitcoin fluctuations basically when we are targeting very big price levels definitely we will ignore small fluctuations or intermediate targets too.

Honestly I will not sell my bitcoins when it will hit $1000 or even $2000. Because I am waiting for a very big target, you may wonder like what those levels, yes I'm waiting and holding my bitcoins for my retirement life.

I don't care much about holding bitcoin for very long time. I believe that if profit is seen, sell and wait for the set back to buy back.  Fluctuation is what makes bitcoin beautiful in trading industry.  Ups and downs gives profit to those short term trader, or would i say day traders.  They are the one that benfits the most.  Because they earn daily profit out of their bitcoin holdings.  I won't be surprise if a one BTC holder but trading bitcoin efficiently will out earn a 100 BTC holder that do nothing and sits and wait for BTC to sky rocket in a 10 year scale.

[iram3130]

I have gone through a situation like this some time ago and I just sold all my BTC for my local currency. The rate went down crazily after that so made nice money from that.. 
I guess you need to understand the market and decide on that coz sometimes holding up would be a nice option.

[rivoke]

I'm usully sell most of them since I'm seeking the highest value since bitcoin ever exist.
It can happen  , yes ,... bitcoin can reach $ 1000 / btc so I will keep holding the rest as long as possible

[Wowcoin]

Hi,

I'd like to know what do you think is a good strategy when BTC price shoots up and you feel it's going to come down again.
- hold on to your Bitcoin?
- Sell it for USD hoping to buy it again cheaper?
- Sell it for other crypto (in this case which would you choose)?

I will sell it in $ and hoping again that the price goes down. That we wait the bitcoin goes up the price to get a big profit then we wait again the time that bitcoin price goes down to buy again.

[susila_bai]

Hi,

I'd like to know what do you think is a good strategy when BTC price shoots up and you feel it's going to come down again.
- hold on to your Bitcoin?
- Sell it for USD hoping to buy it again cheaper?
- Sell it for other crypto (in this case which would you choose)?

If the price is shooting up in Bitcoin then i will start to sell it slowly to my fiat currency so that i can buy back more on downfall of bitcoin price. I wont go for another crypto coin if i am selling bitcoins as no other coin has that much worth to buy but only if i go then i will go for ETH

[el kaka22]

It depends on what kind of investor you are.If you like to hold bitcoin then its your decision because most people do hold off their bitcoins is to those person dont really bother to make up some investments or doing trading because they dont like to risk their money to earn money so they decided to better on holding it but there are people really loves to risk.

Yes I never bother about short term bitcoin fluctuations basically when we are targeting very big price levels definitely we will ignore small fluctuations or intermediate targets too.

Honestly I will not sell my bitcoins when it will hit $1000 or even $2000. Because I am waiting for a very big target, you may wonder like what those levels, yes I'm waiting and holding my bitcoins for my retirement life.

I don't care much about holding bitcoin for very long time. I believe that if profit is seen, sell and wait for the set back to buy back.  Fluctuation is what makes bitcoin beautiful in trading industry.  Ups and downs gives profit to those short term trader, or would i say day traders.  They are the one that benfits the most.  Because they earn daily profit out of their bitcoin holdings.  I won't be surprise if a one BTC holder but trading bitcoin efficiently will out earn a 100 BTC holder that do nothing and sits and wait for BTC to sky rocket in a 10 year scale.

We should not forget only the long-term holders are millionaires or billionaires not those traders who just buy and sell and holders who got temped when bitcoin prices hit $20-50-100-200-500-1000 price levels also not successful in my opinion.

You may argue, that was only luck based but basically bitcoin prices are designed to have huge price levels and why not we make use of them instead of looking for short term daily small profits ?

[eternalgloom]

When the price rises significantly, I always sell part of my Bitcoins for fiat and still hold onto another part.
I don't really actively trade anymore, so I usually don't buy into other altcoins.

[wxa7115]

For bitcoin, I chose the investment, rather than speculation.So, I'll keep it when the value of bitcoin is raised.

But if you want to obtain your profits you still need to sell it unless you plan to use that bitcoin without converting it to fiat ever again and to use it to grow even more bitcoin.

[BingoDog]

If the price goes up realy high I exchange a part of bitcoins to fiat and use that money to cover some bills and stuff, that seems cheaper to me. Sometimes in situation like this I try to invest some smaller part and hope this will bring me profit so I can enlarge my bitcoin portfolio. And I hope that price will go even higher.

[MMA]

I will sell it and withdrawal to my bank account with bitkonan site because they can directly send my bitcoins to my bank account with very low fees almost no fee  because I want buy house and car and some shares in real life and then open company and start to try trading in site like iq option.

definantly every one is investing in bitcoin to make money so if i realize that the price of bitcoin is now to its top then i will certainly sell it and will secure my profit, because the market can take U turn any time and the price of bitcoin can start decrease to some level. therefore it will be better to secure the profit and they wait for market correction to buy bitcoin again at some low level.