What do you do when BTC shoots up?

[dothebeats]

Nothing, I just let it be and do a little celebration since I know that there is a bigger opportunity and a larger profit waiting at the end of the spectrum. Sometimes, I offload some of my coins just to have some profit claiming especially when I bought coins from $500-700 ranges. Not a greedy bastard but reall, good things comes to those who wait.

[deadpoolx]

That depends on the situation, and on the way Bitcoin goes up in value. If the price increase occurred quickly, and as a result of a lof of hype, I would probably sell it, as this is a sign that the odds are higher that the price will fall soon. If the price increase is a result of high demand and organic growth, prices are likely to remain stable at this level or go up even more, but every situation is different, and there may be a possibility of a price drop.

[Vikingr]

Nowadays I am seeing that the price of bitcoin will increasing to more than $1000 and the decrease down everyone sometimes worry about the situation but I do not worry and do not sell my coins because I know that this situation will continue for some weeks or maybe be a month or two and after that the price of bitcoin will start to increase with highest speed and will reach to nearly $2000.

[Creepings]

What i do when the price shoots up i think is also done by other people. I convert some bitcoin to cover up some of my bills and buy something nice. I do want something from what I am working with. Though still trying my best to save for another price rises..

[serjent05]

What i do when the price shoots up i think is also done by other people. I convert some bitcoin to cover up some of my bills and buy something nice. I do want something from what I am working with. Though still trying my best to save for another price rises..

When BTC shoots up, I will convert the BTC to USD then wait for the price to go dip to buy more Bitcoin.  In short I will short my trade.  It maybe risky but  we often have idea when will the BTC take its price decline.  One example is an abnormal raise in price is followed by a sudden dip in price.  Bubble bursting.

[Soul Reaper]

I would definitely sell\convert convert it into USD.
Has you kept a school kept a poll you would have seen more than 50% people voting for converting it into USD.
The major cause for  this would be because when ever the price of Bitcoins will shoot up , most of the people will convert their Bitcoins into fiat,
leading to the fall of price of bitcoins .
So i would recommend you to convert them into fiat and then buy bitcoins with that amount and then use some part of it( eg 20-30%)
to buy more bitcoins.
Repeat this process and one day you will have a good amount of BTC.
and by bitcoins i mean a lot of money.
Thanks

[Sled]

What i do when the price shoots up i think is also done by other people. I convert some bitcoin to cover up some of my bills and buy something nice. I do want something from what I am working with. Though still trying my best to save for another price rises..

When BTC shoots up, I will convert the BTC to USD then wait for the price to go dip to buy more Bitcoin.  In short I will short my trade.  It maybe risky but  we often have idea when will the BTC take its price decline.  One example is an abnormal raise in price is followed by a sudden dip in price.  Bubble bursting.

Sometimes i also do short trades in bitcoin because for me it is better to secure our profits rather than wait for the right time for us to sell because if we stick on that then the right time will be far because we will always do procrastination which will result for passing the right time to buy or sell. So if the bitcoin shoots up, I sell and wait for the price to get lower a little bit then i will do buy ins and hodl it for a few days.

[FLoving]

What i do when the price shoots up i think is also done by other people. I convert some bitcoin to cover up some of my bills and buy something nice. I do want something from what I am working with. Though still trying my best to save for another price rises..

When BTC shoots up, I will convert the BTC to USD then wait for the price to go dip to buy more Bitcoin.  In short I will short my trade.  It maybe risky but  we often have idea when will the BTC take its price decline.  One example is an abnormal raise in price is followed by a sudden dip in price.  Bubble bursting.

Nowadays no one have to do that mistake because the price will not go back but is increasing and will increase for longer term so anyone who will sell now will not get any bitcoin at the current price or lower than this but they will get them at more higher price.

[bitllionaire]

What i do when the price shoots up i think is also done by other people. I convert some bitcoin to cover up some of my bills and buy something nice. I do want something from what I am working with. Though still trying my best to save for another price rises..

When BTC shoots up, I will convert the BTC to USD then wait for the price to go dip to buy more Bitcoin.  In short I will short my trade.  It maybe risky but  we often have idea when will the BTC take its price decline.  One example is an abnormal raise in price is followed by a sudden dip in price.  Bubble bursting.

Nowadays no one have to do that mistake because the price will not go back but is increasing and will increase for longer term so anyone who will sell now will not get any bitcoin at the current price or lower than this but they will get them at more higher price.

yes that is right to say everyone is expecting that the price of bitcoin can grow more therefore no one is ready to sell their bitcoin. and every one is trying their best to hold their bitcoin for the price increase. to me i myself holding  bitcoin for a long time and still not ready to hld my bitcoin in any case hope the price will very soon cross 2000 USD level.

[danherbias07]

My friends call me crazy cause I am not doing anything about it. Funny thing is they are more scared than me, when I am the one holding it.
I just tell them it will still go up more and they would contradict me even if they knew not that much about it. It's fun having some people around you that cares although they dont want to join because of the risk even if they see my investment bloating. 
Patience is needed now, maybe demands are shooting up also. So if we hold then price might go up.

[jhannlenris]

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)?

The price of BTC will not dump again according to the source given to me by my mentor. So hold on to your Bitcoin, by the end of 2017 the price of 1BTC is $3,000 dollar.

[geopolisch]

The price of BTC will not dump again according to the source given to me by my mentor. So hold on to your Bitcoin, by the end of 2017 the price of 1BTC is $3,000 dollar.

It is hard to find that believable, I personally don’t trust anyone when it comes to the price of the bitcoin I just look at it at my own prospective and decide what is best, and if the price is good enough for me or not.

My friends call me crazy cause I am not doing anything about it. Funny thing is they are more scared than me, when I am the one holding it.

That must be the real situation of one hard core lover of bitcoin systems. They will not bother about the price levels of bitcoins whether it is standing up or falling down nothing matters to them. The only thing for them must be keeping checking on adoption rates of bitcoins by both merchants and individuals. Because, when we are having main stream adoptiuon we can start using bitcoins similar to fiats, then we never need to worry about prices of bitcoins.

[giveen]

I normally don't sell but i don't know about you because it totally depends on the person for how much
is he investing for does he want any sort of profit in the short term or long. For now if you see there is
a steady growth in the price so it is better to hold but when you see the price suddenly go up like 300$
in 1-3 days then that is the best time to sell and wait for the price to come down and then purchase again.

[JeffBrad12]

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)?

The price of BTC will not dump again according to the source given to me by my mentor. So hold on to your Bitcoin, by the end of 2017 the price of 1BTC is $3,000 dollar.

Bitcoin is on the unpredictable way, The big candle can come anytime. But where is the link? I was feel curious to seeing that link by your mentor.

[PokerFace3]

Nowadays I am seeing that the price of bitcoin will increasing to more than $1000 and the decrease down everyone sometimes worry about the situation but I do not worry and do not sell my coins because I know that this situation will continue for some weeks or maybe be a month or two and after that the price of bitcoin will start to increase with highest speed and will reach to nearly $2000.

I am just waiting for that moment and don’t exactly know how much it rise up but I hope it will geos to upto $2000 dollar and I think it is the right time for me to sell. I now invest my fait money into it and keep it save in my desktop wallet and hoping for the time to rise it price.

[creative~mind]

I try to act according to the situation. When the increase is a result of organic growth, I try to hold it as long as possible. But in the case of a quick pump, I sell part of my holdings.

[buyinbtc]

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)?

Well i always have few bitcoins that i keep not matter what, even if price would rise to 2000$ - i would still keep them. There is no point to sell/trade all bitcoins in case something wonderful happens.

And rest of my bitcoins, i usually sell them when i feel that price will not rise more, then i usually wait day when price falls by 10$ and buy them again, since i have few bitcoins i usually get around 30$ a day from this. I would do same even if price would be few thousands.

[aardvark15]

I prefer to sell some Bitcoins when the price rises sharply. Then I'll wait for a drop of a few percent to buy back in. I mostly trade for USD because for me it seems to hold value better than altcoins.

I also have some Bitcoins that I just hold as a long term investment.

[grandy]

What i do when the price shoots up i think is also done by other people. I convert some bitcoin to cover up some of my bills and buy something nice. I do want something from what I am working with. Though still trying my best to save for another price rises..

i have no idea about the other people but to me i myself still doing nothing with bitcoin i am just hold it for the price increase and hope that very soon it will become ski rocky and and hope that it will give us a good income in next few moths.

[JeffBrad12]

I try to act according to the situation. When the increase is a result of organic growth, I try to hold it as long as possible. But in the case of a quick pump, I sell part of my holdings.

I guess those people sell his bitcoin on the rate $1290 and they were doing it's with a best decision in this time, the red candle of bitcoin and i guess more pump again before 11 march just try to sell a part of your amount.