Do not sell now, you are Just losing, Hold On

[Herbert2020]

this is the best time to buy bitcoin right now, if you are looking for profit. although it is better that you wait a while for the bottom and buy then, but anything around this level is a good profit.

[Wind_FURY]

this is the best time to buy bitcoin right now, if you are looking for profit. although it is better that you wait a while for the bottom and buy then, but anything around this level is a good profit.

No it is not. We do not yet know where the bottom is. What if BTC will fall further? This is a very dangerous time to buy. It is much safer to observe and then patiently wait for a good time to buy.

[immangrace]

Last night on dsx, bitcoin hit $470 at around midnight, and it rebounced right after at $520, what a lucky guy that bought at that price, assuming he bought a good amount.

[rajasumi3]

well that time would be the best buy time and now the price of bitcoins is touching 1200$ .well i would rather say that the price of bitcoin would be even higher .well if some people are trying to be rich with bitcoins ,they should wait till 2030 till the price of bitcoins reach 50k$. well at that time i would sell all my bitcoins.

[joshy23]

Last night on dsx, bitcoin hit $470 at around midnight, and it rebounced right after at $520, what a lucky guy that bought at that price, assuming he bought a good amount.

Huge profit if he bought more. That's why you need to follow your guts in buying because maybe you are correct and you can win big. Buying bitcoin is the only option you should choose because the price is really increasing in a manner that its hard to sell your bitcoin. So the best thing is to buy and hold it more so that you can make a huge profit if the price reach $2000.

[g83]

well that time would be the best buy time and now the price of bitcoins is touching 1200$ .well i would rather say that the price of bitcoin would be even higher .well if some people are trying to be rich with bitcoins ,they should wait till 2030 till the price of bitcoins reach 50k$. well at that time i would sell all my bitcoins.

If bitcoin is your secondary source of income then you can afford to save whatever you are earning as for your expenses you have fiat to take care of as if you want to earn huge profits from it then you have to hold them for a really long term.

[SvenBomvolen]

well that time would be the best buy time and now the price of bitcoins is touching 1200$ .well i would rather say that the price of bitcoin would be even higher .well if some people are trying to be rich with bitcoins ,they should wait till 2030 till the price of bitcoins reach 50k$. well at that time i would sell all my bitcoins.

Yes, that time was the good time to buy bitcoins, but who thought in that moment that bitcoin will cross the point of 1000$!? yes, many people chose the strategy of waiting and now they got the profit, but many people got panic that time and sold their coins. I think people still do not believe in bitcoin and the situation with fork and SW and BU just provoked it in bigger way.

[richardsNY]

well that time would be the best buy time and now the price of bitcoins is touching 1200$ .well i would rather say that the price of bitcoin would be even higher .well if some people are trying to be rich with bitcoins ,they should wait till 2030 till the price of bitcoins reach 50k$. well at that time i would sell all my bitcoins.

Yes, that time was the good time to buy bitcoins, but who thought in that moment that bitcoin will cross the point of 1000$!? yes, many people chose the strategy of waiting and now they got the profit, but many people got panic that time and sold their coins. I think people still do not believe in bitcoin and the situation with fork and SW and BU just provoked it in bigger way.

People simply lack understanding, and that's exactly what makes them panic when it comes to BU and all other sorts of fud. If you know how things are, then you won't fall for fud. Look at kwukduck for example, he is desperately trying to convince newbies that Bitcoin (core) is fundamentally broken. If you're new here, don't know anything about the technical basic aspects, and look at his legendary status, chances are high that you take his words for granted. Education is key.

[BitFinnese]

well that time would be the best buy time and now the price of bitcoins is touching 1200$ .well i would rather say that the price of bitcoin would be even higher .well if some people are trying to be rich with bitcoins ,they should wait till 2030 till the price of bitcoins reach 50k$. well at that time i would sell all my bitcoins.

If we read back what OP said, he is right about not selling Bitcoin and that was actually a great advice during those time.

The price of bitcoin has dropped down to $577, it does not mean that we sell our coins, but we have to stop supplying it to the market no one have to sell their coins, just wait and hold and you will see within a few days the price of bitcoin will rise much higher because of increased demand.

See the suggestion/advise here?  Anyone who agreed with him and hold Bitcoin that time and still holding now are definitely very happy due to the fact that Bitcoin had more than doubled its amount and now running to make it triple the price from the time OP started this thread.

[arwin100]

well that time would be the best buy time and now the price of bitcoins is touching 1200$ .well i would rather say that the price of bitcoin would be even higher .well if some people are trying to be rich with bitcoins ,they should wait till 2030 till the price of bitcoins reach 50k$. well at that time i would sell all my bitcoins.

Yes, that time was the good time to buy bitcoins, but who thought in that moment that bitcoin will cross the point of 1000$!? yes, many people chose the strategy of waiting and now they got the profit, but many people got panic that time and sold their coins. I think people still do not believe in bitcoin and the situation with fork and SW and BU just provoked it in bigger way.

People simply lack understanding, and that's exactly what makes them panic when it comes to BU and all other sorts of fud. If you know how things are, then you won't fall for fud. Look at kwukduck for example, he is desperately trying to convince newbies that Bitcoin (core) is fundamentally broken. If you're new here, don't know anything about the technical basic aspects, and look at his legendary status, chances are high that you take his words for granted. Education is key.

Normally it happens since fudster keeps spreadings some lies so that they can earn from dumps if it really happens and sometimes they where successfull to do that since their are huge number of people would dump since they where afraid for deeper losses they can get and we can't blame them for that since they can decide whatever they want and they are just protecting their own money.

[duckydonald]

I don't have any plans to sell them now as price is increasing slowly and I think it will continue to go higher till the end of the year and I will sell my coins at the time of Christmas as that is the time when the price of bitcoins always goes higher.

[richardsNY]

Normally it happens since fudster keeps spreadings some lies so that they can earn from dumps if it really happens and sometimes they where successfull to do that since their are huge number of people would dump since they where afraid for deeper losses they can get and we can't blame them for that since they can decide whatever they want and they are just protecting their own money.

From their point of view dumping may be to protect their money, but all they do is cold hard capital destruction. Most of these people sell at a loss, and buy back at premium. Result is that they end up having a lower number of coins each time they sell in panic. I can't really consider that to be protection of money, can you? At some point they must notice that they are doing something wrong, but still, they continue to make the same mistakes.

[iqlimasyadiqa]

I don't have any plans to sell them now as price is increasing slowly and I think it will continue to go higher till the end of the year and I will sell my coins at the time of Christmas as that is the time when the price of bitcoins always goes higher.

Christmas still too long of course. we see the next few months there will be a significant upward trend.
it all has started from April now. some have experienced exchange bitcoin price increases were unexpected.

[jualidbitmixer]

I don't have any plans to sell them now as price is increasing slowly and I think it will continue to go higher till the end of the year and I will sell my coins at the time of Christmas as that is the time when the price of bitcoins always goes higher.

Christmas still too long of course. we see the next few months there will be a significant upward trend.
it all has started from April now. some have experienced exchange bitcoin price increases were unexpected.

What i'm sure is when the Christmas come, bitcoin's price will increase for sure like last year. On the last year, bitcoin have the halving that make the price become so high but in this year, we don't have something big happen so far. So, i predict the price of bitcoin will stable for the next 2 months and i think hold our coins is good.

[ASHLIUSZ]

It's been a long back thread. Present scenario matches to the thread description. As said now it's good to hold if nothing is found as an urgent requirement. Soon the price will grow as the entire network is in an stabilized form. Op described to hold on when price was dropping. Here it's good to hold as the price move shows signs of increasing.