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Author Topic: What do you do when BTC shoots up?  (Read 17018 times)
machinek20
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December 27, 2016, 11:35:38 PM
 #181

When bitcoin is shoots up the best thing to do is hold your coin, doing trading with small scale of your bitcoin is fine, it will help you to gain some profit and bitcoin need to be spent so it can be grow further, when shoot up it will be a bad idea to change it with other alt coin, it will made your investment drop drastically
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December 28, 2016, 01:02:50 AM
 #182

When bitcoin is shoots up the best thing to do is hold your coin, doing trading with small scale of your bitcoin is fine, it will help you to gain some profit and bitcoin need to be spent so it can be grow further, when shoot up it will be a bad idea to change it with other alt coin, it will made your investment drop drastically

I think it will be better to sell Bitcoin when it shoots up and wait for the dip to buy them again.  Reading and watching trades I learn one thing.  In order for us to maximize our profit, let us ride with the whale.  Going against them will just give us losses.
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December 28, 2016, 04:25:56 AM
 #183

When bitcoin is shoots up the best thing to do is hold your coin, doing trading with small scale of your bitcoin is fine, it will help you to gain some profit and bitcoin need to be spent so it can be grow further, when shoot up it will be a bad idea to change it with other alt coin, it will made your investment drop drastically

I think it will be better to sell Bitcoin when it shoots up and wait for the dip to buy them again.  Reading and watching trades I learn one thing.  In order for us to maximize our profit, let us ride with the whale.  Going against them will just give us losses.

during the rise or shoot up, you should only wait and hold your bitcoin because selling at any point during the rise on the way up can potentially lead to losing lots of money. for example if you sold on $910 that would have meant losing $42 per coin.

that is why if you want to sell you should wait for the top and sell there and then buy immediately after seeing any kind of drop.

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December 28, 2016, 04:48:25 AM
 #184

When bitcoin is shoots up the best thing to do is hold your coin, doing trading with small scale of your bitcoin is fine, it will help you to gain some profit and bitcoin need to be spent so it can be grow further, when shoot up it will be a bad idea to change it with other alt coin, it will made your investment drop drastically

I think it will be better to sell Bitcoin when it shoots up and wait for the dip to buy them again.  Reading and watching trades I learn one thing.  In order for us to maximize our profit, let us ride with the whale.  Going against them will just give us losses.

during the rise or shoot up, you should only wait and hold your bitcoin because selling at any point during the rise on the way up can potentially lead to losing lots of money. for example if you sold on $910 that would have meant losing $42 per coin.

that is why if you want to sell you should wait for the top and sell there and then buy immediately after seeing any kind of drop.
Too difficult for predicting when the price will get his maximum increase. Yesterday when the bitcoin was shooting on $915 and just take a short time for the price go back to the below $890. We just are able for predict it, although sell at $910 and we just hope it will go back below that.

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December 28, 2016, 05:22:24 AM
 #185

Too difficult for predicting when the price will get his maximum increase. Yesterday when the bitcoin was shooting on $915 and just take a short time for the price go back to the below $890. We just are able for predict it, although sell at $910 and we just hope it will go back below that.

Yeah, especially if we are not the whales.  We know that the  price will go up but we don't know what is the peak before it start to decline.  Charts and news never helps in predicting the exact rise or stop of Bitcoin price before it starts the correction phase.  They only give us hint of the next price movement.  

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Sled
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December 28, 2016, 02:45:32 PM
 #186

Too difficult for predicting when the price will get his maximum increase. Yesterday when the bitcoin was shooting on $915 and just take a short time for the price go back to the below $890. We just are able for predict it, although sell at $910 and we just hope it will go back below that.

Yeah, especially if we are not the whales.  We know that the  price will go up but we don't know what is the peak before it start to decline.  Charts and news never helps in predicting the exact rise or stop of Bitcoin price before it starts the correction phase.  They only give us hint of the next price movement. 
Agree.. Not all the times the news help us to predict the exact increase or decrease of the price of bitcoin but i think that getting informations in news like good progress or development is enough for us to set a target price and stick to that so we can maintain getting profits and not being greedy.
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December 28, 2016, 05:41:35 PM
 #187

Too difficult for predicting when the price will get his maximum increase. Yesterday when the bitcoin was shooting on $915 and just take a short time for the price go back to the below $890. We just are able for predict it, although sell at $910 and we just hope it will go back below that.

Yeah, especially if we are not the whales.  We know that the  price will go up but we don't know what is the peak before it start to decline.  Charts and news never helps in predicting the exact rise or stop of Bitcoin price before it starts the correction phase.  They only give us hint of the next price movement. 
Agree.. Not all the times the news help us to predict the exact increase or decrease of the price of bitcoin but i think that getting informations in news like good progress or development is enough for us to set a target price and stick to that so we can maintain getting profits and not being greedy.
yes it is a good decision to get some good information about bitcoin so as to decide either it is good time to invest your money or to sell it, i think you can get get these information from bitcointalk or from social media also.
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December 28, 2016, 07:59:34 PM
 #188

Too difficult for predicting when the price will get his maximum increase. Yesterday when the bitcoin was shooting on $915 and just take a short time for the price go back to the below $890. We just are able for predict it, although sell at $910 and we just hope it will go back below that.

Yeah, especially if we are not the whales.  We know that the  price will go up but we don't know what is the peak before it start to decline.  Charts and news never helps in predicting the exact rise or stop of Bitcoin price before it starts the correction phase.  They only give us hint of the next price movement.  
I think that it is very clear that the future of bitcoin is very clear therefore to me I think long term investment  will be a good decision, as no one know that when the price of bitcoin is going to take correction. In long term investment you will never feel the fear if the price goes down for correction.
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December 28, 2016, 09:03:14 PM
 #189

Supply & Demand controls the price. If the big greedy pump and dump miners actually scale back on dumping it the price will rise.
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December 30, 2016, 10:29:02 PM
 #190

Too difficult for predicting when the price will get his maximum increase. Yesterday when the bitcoin was shooting on $915 and just take a short time for the price go back to the below $890. We just are able for predict it, although sell at $910 and we just hope it will go back below that.

Yeah, especially if we are not the whales.  We know that the  price will go up but we don't know what is the peak before it start to decline.  Charts and news never helps in predicting the exact rise or stop of Bitcoin price before it starts the correction phase.  They only give us hint of the next price movement.  
I think that it is very clear that the future of bitcoin is very clear therefore to me I think long term investment  will be a good decision, as no one know that when the price of bitcoin is going to take correction. In long term investment you will never feel the fear if the price goes down for correction.
everyone is still confidence that the price of bitcoin has still too much potential con continue its journey upwards. therefore they are not ready to sell bitcoin, the bitcoin will take correction but after people start selling it and still they are not ready to sell their bitcoin.
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January 01, 2017, 04:23:51 PM
 #191

Supply & Demand controls the price. If the big greedy pump and dump miners actually scale back on dumping it the price will rise.

the miners dumping has always existed and will always continue to exist because they are running a business and they need to earn money to pay for electricity cost and other things. but that is turning into a small percentage of the whole market as we move forward and more people invest in the market making it bigger.

There is a FOMO brewing...
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January 01, 2017, 09:05:44 PM
 #192

When bitcoin is shoots up the best thing to do is hold your coin, doing trading with small scale of your bitcoin is fine, it will help you to gain some profit and bitcoin need to be spent so it can be grow further, when shoot up it will be a bad idea to change it with other alt coin, it will made your investment drop drastically

I think it will be better to sell Bitcoin when it shoots up and wait for the dip to buy them again.  Reading and watching trades I learn one thing.  In order for us to maximize our profit, let us ride with the whale.  Going against them will just give us losses.
I totally agree , traying to hold our bitcoin whenever the price goes up is not a good thing , it make you profit but it is very risky because when the price goes up it has to go down , so the wise thing to do is wait for it to rise to a certain point where it  is a bit stable and then sell , we should never ask for more because it is risky.
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January 01, 2017, 09:39:04 PM
Last edit: January 02, 2017, 05:26:59 PM by SHAWN-MIDWAYS
 #193

When bitcoin is shoots up the best thing to do is hold your coin, doing trading with small scale of your bitcoin is fine, it will help you to gain some profit and bitcoin need to be spent so it can be grow further, when shoot up it will be a bad idea to change it with other alt coin, it will made your investment drop drastically

I think it will be better to sell Bitcoin when it shoots up and wait for the dip to buy them again.  Reading and watching trades I learn one thing.  In order for us to maximize our profit, let us ride with the whale.  Going against them will just give us losses.
I like your strategy and its practically easy to implement but are you are trader to assure us that this has worked for you because bitcoin trading seems to be a gamble.
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January 06, 2017, 08:21:30 PM
 #194

when bitcoin shoots up i will hold my bitcoin and never sell it and wait for more highest value of bitcoin and when bitcoin reach its value to double then i will sell my bitcoin with high price and its very profitable way and then again buy bitcoin bitcoin with low price and hold it.
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January 07, 2017, 10:50:33 AM
 #195

when bitcoin shoots up i will hold my bitcoin and never sell it and wait for more highest value of bitcoin and when bitcoin reach its value to double then i will sell my bitcoin with high price and its very profitable way and then again buy bitcoin bitcoin with low price and hold it.
Agree, If the bitcoin goes high I will just keep my bitcoin and take it as advantage to keep a profit for bitcoin pumping, and then if the bitcoin goes to the pick just like 3 days ago. I will convert it or also called sell. I will sell it and buy with the lower price just like now. I just want to share that if you loss from bitcoin dumping just keep your coin and hold it, soon it will pump again just Don't forget that don't panic when the bitcoin is dumping. Don't be a panic seller just like other.
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January 08, 2017, 05:47:02 PM
 #196

when bitcoin shoots up i will hold my bitcoin and never sell it and wait for more highest value of bitcoin and when bitcoin reach its value to double then i will sell my bitcoin with high price and its very profitable way and then again buy bitcoin bitcoin with low price and hold it.
i think you should clear your mind about and you must choose a level where you are going to sell your bitcoin, because if you are nog investing your money in a good manner then you cannot make good profit from it. because for every time you will be thinking for the price to increase some more and it will become difficult for your to take the decision of selling the bitcoins.

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January 10, 2017, 02:58:37 AM
Last edit: January 10, 2017, 03:11:56 AM by agamasrori
 #197

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)?
It is depend on what strategy is you do. If you prefer like to do short term investment so just sell it. If you prefer like to do long term investment so just wait until it reach your target. I think the best strategy to invest in bitcoin is by Dollar Cost Averaging so we can get more amount of bitcoin than only buy bitcoin in one time then wait. I prefer like to sell because I need to fulfil my daily need.


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January 10, 2017, 05:10:58 PM
 #198

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)?
It is depend on what strategy is you do. If you prefer like to do short term investment so just sell it. If you prefer like to do long term investment so just wait until it reach your target. I think the best strategy to invest in bitcoin is by Dollar Cost Averaging so we can get more amount of bitcoin than only buy bitcoin in one time then wait. I prefer like to sell because I need to fulfil my daily need.
but think those people who have bought bitcoin below 600 USD i think it also still good time for them to secure a good profit. but still i can say that it is good time to hold bitcoin. because still the price of bitcoin is going to increase.

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.The Future of Equity on The Blockchain.
thepo1m
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January 10, 2017, 05:56:23 PM
 #199

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)?
It is depend on what strategy is you do. If you prefer like to do short term investment so just sell it. If you prefer like to do long term investment so just wait until it reach your target. I think the best strategy to invest in bitcoin is by Dollar Cost Averaging so we can get more amount of bitcoin than only buy bitcoin in one time then wait. I prefer like to sell because I need to fulfil my daily need.
but think those people who have bought bitcoin below 600 USD i think it also still good time for them to secure a good profit. but still i can say that it is good time to hold bitcoin. because still the price of bitcoin is going to increase.

I agree with you, it all depends on your entry point, the last Bitcoin I bought was around $420 range, even with the so called dump I still have 2X already and I know after this correction the price will move above $1000. the era of less than $500 BTC is gone
cellard
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January 10, 2017, 07:17:00 PM
 #200

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)?
It is depend on what strategy is you do. If you prefer like to do short term investment so just sell it. If you prefer like to do long term investment so just wait until it reach your target. I think the best strategy to invest in bitcoin is by Dollar Cost Averaging so we can get more amount of bitcoin than only buy bitcoin in one time then wait. I prefer like to sell because I need to fulfil my daily need.
but think those people who have bought bitcoin below 600 USD i think it also still good time for them to secure a good profit. but still i can say that it is good time to hold bitcoin. because still the price of bitcoin is going to increase.

I agree with you, it all depends on your entry point, the last Bitcoin I bought was around $420 range, even with the so called dump I still have 2X already and I know after this correction the price will move above $1000. the era of less than $500 BTC is gone


With a $420 entry I think you are safe from any further dips, so I would just focus on trying to profit from the big peaks, sell a bit and rebuy. Of course the ethernal question always remains: When does a pump stop? impossible to know. The last pump stopped at 1139 and it could have stopped at 1500...
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