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Author Topic: Prices are falling  (Read 2952 times)
btvGainer (OP)
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August 02, 2016, 11:35:00 AM
 #21

My idea was to sell the coins now which I bought at lower price before price fall back to my buy price.This way I will make profit because I would still be selling at high price.I want your opinion if it would be wise to sell or should I wait for another pump.
I will definitely buy if price reach $400 and I will again have same amount of coin that I now own
willy_00
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August 02, 2016, 11:35:50 AM
 #22

The price of bitcoin is falling now. But there might not be too much worry. That is just due to the delay of block size increase.
well i guess i the same, so many people expecting the block size to be increased,blockchain increase promised will occur in july but nothing happened at all,even both have its advantage (and i'm not that much into this problem) this could potentially giving an affect to bitcoin
Bitcoin is now at 600USD Sad

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August 02, 2016, 11:46:21 AM
 #23

the price of bitcoin will once again rise sooner so we do not have to sell our coins now and have to wait for a little more I think within amount it will come back to the higher value.
Omegasun
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August 02, 2016, 11:52:46 AM
 #24

Maybe it is falling because many user switch to ether because of successful hard fork. Ether manage very well their situation. Its not advisable to sell your coins now because btc price will pump soon. Just wait for ether hard fork effect. And everything back to normal


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willy_00
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August 02, 2016, 12:43:24 PM
 #25

Maybe it is falling because many user switch to ether because of successful hard fork. Ether manage very well their situation. Its not advisable to sell your coins now because btc price will pump soon. Just wait for ether hard fork effect. And everything back to normal
Soon ether will us Prove of stake confirmation method,  and you can stake you ether to confirm translation,  and it is like investment because you can take it out of the vault anytime.  You earn by confirming translation.  Maybe that's why people are trying to get ether.

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goldcoinminer
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August 02, 2016, 12:47:20 PM
 #26

Sell your bitcoins guys if you don't want to have fun with the current situation of bitcoins. I still believe that this is not a real crisis and the price will be back up to normal, it has been falling but not falling fast so it means in a few days the price will be back up again, just be patient and don't sell yet.
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August 02, 2016, 12:49:19 PM
Last edit: August 02, 2016, 02:56:14 PM by BiTiB.eu
 #27

I just made a post about, it's time to hedge  Smiley

We suggest to hedge position (expecially if you are in profit yet).

Follow our sheme:

A) We suppose you have 100 BTC (bot work the same with 100.000 satoshi too  Smiley )
B) You would preserve FIAT value (so 60 k $)

What you need to do:

1) Sell 20 BTC (20% of your asset) and hold 80 BTC
2) Go short on leverage 5x using these 20 BTC
3) Take Profit on leverage position @ 500$ & Put Stop loss on Holding BTC @500 $ too
4) Stop Loss on Leverage position @660$

This is a simply Hedge position that preserve your BTC value at a cost of about 3 % (spread +  net loss)

But there are lot of hedge strategies: let us work for you, take a look on www.bitib.eu or PM me

FLoving
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August 02, 2016, 01:17:50 PM
 #28

I think you should not have to sell your coins and have to wait a little more if you need your money for anything then you can sell your coins but in that you will lose a large amount of money.
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August 02, 2016, 01:24:46 PM
 #29

The price is most likely to drop to $550 in the coming week and hence wait till it drops further as then it may again increase. It happened last month too and I did not panic to sell my coins. Don't take these price fluctuations too seriously and if you are going in a loss never sell your coins as bitcoin prices are never stable.

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August 02, 2016, 01:29:08 PM
 #30

Price are falling because more are selling, I like what happened to day actually because I have the opportunity to buy bitcoins but part of my life is also sad for the people who are relying on their income with bitcoin as the value of their earnings are now decreasing.

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August 02, 2016, 01:41:15 PM
 #31

Only three and a bit years until the next halving. Get in early.

I don't think much is gonna happen in the near future price wise other than falls and stagnation. Excitement's over and it's back to boredom as usual.

Maybe at the end of the year there might be some etf excitement?
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August 02, 2016, 04:36:17 PM
 #32

Price are falling because more are selling, I like what happened to day actually because I have the opportunity to buy bitcoins but part of my life is also sad for the people who are relying on their income with bitcoin as the value of their earnings are now decreasing.
Earnings are not decreasing too much, already it has raised to a reasonable amount, we have to bother if we have huge amount of coins. Price fluctuations are common in bitcoin, if it drops now it has the tendency to come up again.
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August 02, 2016, 04:50:23 PM
 #33

while others are seeing this price drop as something bad, it is seen as a welcome happening for day traders. after a calm time there is now a good amount of money to be made if you have enough knowledge. my guess is that the lowest the price will go is in the range of $570-$580 before it goes over $600 again.
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August 02, 2016, 06:17:44 PM
 #34

If you wait you will sell it again for 700$ and if you wait more you will buy it again at 500$. This is it.
Games of speculations and nerves.. Roll Eyes
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August 02, 2016, 06:36:17 PM
 #35

i think the present fall down is just for the time being and hope that the price will soon start recovering the price. it is just give an opportunity to those people who really want to buy bitcoin. other wise there no such bad news in bitcoin which can create such a panic situation, there my suggestion is that if some one has bitcion he should hold and those who really want to invest in bitcoin so that is the right time for investment.
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August 02, 2016, 06:45:57 PM
 #36

In the last two days bitcoin prices are falling. Should I sell my coins or should I wait.Will the falling trend continues and we will be again back to $450 or something?
currently bitcoin prices doesn't looks so good because decrease to $600 and honestly i'm a part of panic selling because i was already selling half of my bitcoin now however i would see until next few days to see the situations and if the prices doesn't stop falling i think i may to sell all of my bitcoin
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August 02, 2016, 07:55:19 PM
 #37

In the last two days bitcoin prices are falling. Should I sell my coins or should I wait.Will the falling trend continues and we will be again back to $450 or something?
currently bitcoin prices doesn't looks so good because decrease to $600 and honestly i'm a part of panic selling because i was already selling half of my bitcoin now however i would see until next few days to see the situations and if the prices doesn't stop falling i think i may to sell all of my bitcoin

Don't panic as bitcoins have always faced such situations. I've been one of them where I bought over 4 BTC in 2014 at $500 and I waited for 2 years to sell them. If I had panicked, I would be in $1000 loss by now. You need to wait for over 2 weeks as I believe the prices would again go up.
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August 02, 2016, 08:26:37 PM
 #38

I will buy as much bitcoins as I can now, and continue to hold, last time I bought at $400 and sold at 775, so my money gained almost 95% in value, I guess I won't make that much this time, but at least I will make some profit.

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August 02, 2016, 09:06:15 PM
 #39

I will buy as much bitcoins as I can now, and continue to hold, last time I bought at $400 and sold at 775, so my money gained almost 95% in value, I guess I won't make that much this time, but at least I will make some profit.

The current price drop is a fantastic opportunity to buy yourself some extra coins. And if it turns out that Bitfinex has lost a serious amount of coins due to their hack, then expect the price to tank further. If you buy right now, don't buy with all your fiat. Keep some aside for when the price sinks deeper.
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August 02, 2016, 09:08:02 PM
 #40

I will buy as much bitcoins as I can now, and continue to hold, last time I bought at $400 and sold at 775, so my money gained almost 95% in value, I guess I won't make that much this time, but at least I will make some profit.

If you already gained 95% you should be patting yourself on the back, since most have a hard time reacting when to sell.

Also you already recouped so you saved price.
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