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xypos
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December 12, 2016, 07:02:29 PM |
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Shoots up to what price? 1000$ or 10000$? I am planning hold unless I really have to sell to fulfill some emergencies.
It really depends on whether there is a financial collapse or not. If there is a financial collapse worldwide then I think that it is a good idea to hold personally because as soon as you convert your BTC into fiat you are losing value, fast. That's not a great idea, but if it is just pure speculation and bulldozers drive the markets up to $10k then i think it is a good time to sell. |
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lakisis
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December 12, 2016, 08:13:14 PM |
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if bitcoin price shoots up i will start to buy bitcoins and then save it for the future and until increase its price to higher value and i am sure bitcoin will be rise its price more in few months and now i want to buy bitcoins for the future .
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Potato Chips
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December 13, 2016, 01:33:42 AM |
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if bitcoin price shoots up i will start to buy bitcoins and then save it for the future and until increase its price to higher value and i am sure bitcoin will be rise its price more in few months and now i want to buy bitcoins for the future .
Not a wise decision, The best thing to do is to sell some of your btcs as the price will decrease after it shoots up so you can just buy again after the price decreases . I have already tried this method that I read from this forum so you guys should give it a try also. |
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traderethereum
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December 13, 2016, 02:50:32 AM |
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if bitcoin price shoots up i will start to buy bitcoins and then save it for the future and until increase its price to higher value and i am sure bitcoin will be rise its price more in few months and now i want to buy bitcoins for the future .
Not a wise decision, The best thing to do is to sell some of your btcs as the price will decrease after it shoots up so you can just buy again after the price decreases . I have already tried this method that I read from this forum so you guys should give it a try also. maybe it can work if we are really sure that the price will be go up so what we bought is not useless and we can make the profit but we need more analyze to see the price is really go up and we can not just make prediction and said the price is actually up and we should make buy for now and wait for the up price. |
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salmanahmedone
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December 13, 2016, 02:04:21 PM |
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if bitcoin price shoots up i will start to buy bitcoins and then save it for the future and until increase its price to higher value and i am sure bitcoin will be rise its price more in few months and now i want to buy bitcoins for the future .
Not a wise decision, The best thing to do is to sell some of your btcs as the price will decrease after it shoots up so you can just buy again after the price decreases . I have already tried this method that I read from this forum so you guys should give it a try also. Very clever thinking, I would love to do this too  Thinking wise is great. But since the price is still rising up then how can we know that it already shoot up? or reached its highest value? So, think wiser than the wise man. |
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U2
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December 13, 2016, 02:09:55 PM |
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BTC shoots up when something B-I-G happens. So when countries are declaring the won't accept bigger bills due to fraud / money laundering or for whatever reason, that's a huge reason to go to bitcoins. If you never have to worry about someone just saying "Oh by the way... your money is now worthless" then bitcoins are your best option (or I guess an altcoin lol. But don't but a shitcoin thinking you're safe!)
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aardvark15
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December 14, 2016, 02:26:59 AM |
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When the price shoots up, I sell a little Bitcoin especially if it's a sharp increase. However, I don't ever want to sell all of my Bitcoins because there is a chance that the price will not drop back down.
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dunfida
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Activity: 3108
Merit: 1138
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December 14, 2016, 06:44:35 AM |
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When the price shoots up, I sell a little Bitcoin especially if it's a sharp increase. However, I don't ever want to sell all of my Bitcoins because there is a chance that the price will not drop back down.
Its a good move not to sell all bitcoin on a single price high point and we should do make some savings on our bitcoin and should be intended for future purposes and you are right bitcoins price will still rise up on the long run and we could able to make profits even more. If it shoots up its price then many bitcoin users would be really happy. |
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Bestwishes745
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December 14, 2016, 09:27:59 AM |
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Whenever the price increases a number of people often say that the price will go down again but I do not believe on it and I still keep my coins with me and hope for a better future and a further increase in the coming future so I do not sell them all and remain normal but only sometimes I use or sell some of them.
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RealPhotoshoper
Legendary
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Activity: 1050
Merit: 1001
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December 15, 2016, 08:37:41 AM |
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Whenever the price increases a number of people often say that the price will go down again but I do not believe on it and I still keep my coins with me and hope for a better future and a further increase in the coming future so I do not sell them all and remain normal but only sometimes I use or sell some of them.
yeaa common people will keep being pessimistic in bitcoin . but not with the real bitcoin miner/holder who have a strong believe in bitcoin as they know the real facts. bitcoin will keep increasing as time goes by, and once the price shoots up some people will let it to sell all the coin and leaving but some people will keep holding till they think urgently needed or even will never ever sell the coins! |
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davis196
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December 16, 2016, 12:28:05 PM |
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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 would sell it and buy again when it`s cheaper. I don`t use other cryptos and i never will. I still regret that i wasn`t holding my bitcoins from last year.  |
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eternalgloom
Legendary
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Activity: 1792
Merit: 1283
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December 16, 2016, 07:39:51 PM |
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if bitcoin price shoots up i will start to buy bitcoins and then save it for the future and until increase its price to higher value and i am sure bitcoin will be rise its price more in few months and now i want to buy bitcoins for the future .
Not a wise decision, The best thing to do is to sell some of your btcs as the price will decrease after it shoots up so you can just buy again after the price decreases . I have already tried this method that I read from this forum so you guys should give it a try also. This all depends on how much the price rises at any given time and if it's likely that people would sell once it hits a certain ceiling. When it goes above a 1000 dollars, yeah, then it might not be a good idea to start buying all of a sudden, but if it's just rising graduatly, like now, it would be the perfect time to buy. |
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lakisis
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December 17, 2016, 08:44:40 PM |
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if bitcoin price shoot up, so i will buy more and more bitcoin in huge amount then i will hold my all bitcoin for the future as long term because i am sure bitcoin will be more increase its price in huge amount and we will be get a high profit with easily from bitcoin.
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Script3d
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December 18, 2016, 07:40:30 AM |
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if the bitcoin price sky rocket i would buy digital goods , i will convert my bitcoins into fiat or altcoin then start trading or i will wait again until the price increases more.
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dmamigo
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December 18, 2016, 11:34:37 AM |
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If the price touches $900-$1000, it would be nice to buy some more Bitcoins and hold them. But if its goes directly more than $1500-$2000, which is quite unnatural, I would sell some of my Bitcoins and watch over the price for few days to take some more actions.
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fortunecrypto
Legendary
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Activity: 2450
Merit: 1047
thecryptocurrency.directory
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December 18, 2016, 04:36:22 PM |
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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)?
There's no safe investment really,try to get back your early investment and roll the remaining into profit,Bitcoin is now rising,you can sell some of it,if you bought it at $400 to $600 price range and hold some of it for the $1000 price,that is if you want to be in a safe side,but if you trust the future of bitcoin,you can hold it as long as you are comfortable. |
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trigger1975
Full Member
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Activity: 252
Merit: 113
NFTs on Sale: https://bit.ly/2POlV17
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December 20, 2016, 11:27:13 AM |
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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 it shoots up, I will sell some of my asset (but it's hard to catch the "right" timing) as a quick jump-up in price is a very likely sign of a bubble and an overbought market. As long as it climbs slowly as it does now, I will hold all my coins. But always have an eye on the news. If something big happens and bad news are spread in major papers and additionally something like the 2013 Chinese bank ban you can watch the price dropping again. Maybe not so fast or so hard like the last time. But it can happen. I would never trade my coins for altcoins in the longrun. Short term trading: sure, but not converting to altcoin for mid- or long-term. That market is too unstable in my opinion. // Alex |
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Gloiri
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December 20, 2016, 11:16:04 PM |
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When the bitcoin shoots up I will sell some bitcoins and hold the most to make even more money with it, I think that is the best option for now.
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virtualkeybuyer
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December 20, 2016, 11:19:24 PM |
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When bitcoin shoots up I remain normal and do not make any decision as I have long termed plannings for bitcoin and when I need for some needs then I often sell them but often remain stick with bitcoin investment all the time and do not sell on any bump.
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dhampir-D
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December 21, 2016, 08:32:47 AM |
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If the price touches $900-$1000, it would be nice to buy some more Bitcoins and hold them. But if its goes directly more than $1500-$2000, which is quite unnatural, I would sell some of my Bitcoins and watch over the price for few days to take some more actions.
Yeah, it would be interesting to see Bitcoin going up in price to such levels, but not in a quick pump, because a more gradual and stable price increase allows Bitcoin to rise with greater strength, with lower risks of big dumps. At least so far, I think Bitcoin is doing very well in the market. |
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