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Author Topic: Sell or wait?  (Read 58111 times)
Victorycoin
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January 21, 2017, 05:44:38 AM
Last edit: January 21, 2017, 01:04:15 PM by Victorycoin
 #161

It all depends on your strategy, if you are an investors hold your BTC, the price will still test $1000 soon and even surpass it, but if you are a swing trader you need to know when to cut your loss when the price dropped because some people make their money shorting BTC
And if we're a people very need money now, I suggest you
to borrow it to someone for you. Later when prices bitcoin rise,
sell and pay your loan.

There are two problems I see with the suggestion to loan the coins:
1. you never can tell how long it would be before market retests the $1000 level again;  
2. most loans are never paid back, especially because first problem could not be resolved by amount borrowed, thus creating even more problems.
Your best bet is certainly to hold your coins and keep your ears on the ground.


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January 21, 2017, 06:01:42 AM
 #162

It all depends on your strategy, if you are an investors hold your BTC, the price will still test $1000 soon and even surpass it, but if you are a swing trader you need to know when to cut your loss when the price dropped because some people make their money shorting BTC

And if we're a people very need money now, I suggest you
to borrow it to someone for you. Later when prices bitcoin rise,
sell and pay your loan.
There are two problems I see with the suggestion to loan the coins:                                  1,you never can tell how long before market retests the $1000 level again;  2, most loans are never paid back, because first problem could not be resolved by amount borrowed, The best bet is certainly to hold your coins and keep your ears on the ground,.
Definitely borrowing is not a good option, you cannot dictate the price of bitcoin to rise while you have the responsibility to repay your loan at the agreed specific date and amount. It's not worth and do not do that, you are like gambling IMO and your chance is only when you are lucky when the timing arrive as you expected it.

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January 21, 2017, 06:16:49 PM
 #163

its up to you. maybe you should wait till the time where you will get some ups from your base money. dont convert it now if you know you will just lose. losing is when you sell your bitcoin in the lower price than you bought it. try watching the graph of the bitcoin. then study the movement of it. if you know that it will increase its value then maybe you should sell it. but if you want to earn more maybe you should just wait for a moment.
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January 22, 2017, 12:52:22 PM
 #164

I would say wait for it, i am sure the price going to go up again, the longer you hold the better price it is going to be, i still holding my bitcoin and i am not going to sell my bitcoin at this price, i will observe and see how is the bitcoin price after the chinese new year
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January 22, 2017, 01:37:31 PM
 #165

I would say wait for it, i am sure the price going to go up again, the longer you hold the better price it is going to be, i still holding my bitcoin and i am not going to sell my bitcoin at this price, i will observe and see how is the bitcoin price after the Chinese new year
Keeping an eyes on the Chinese new year is well worth it, because China is one of the countries to reckon with as far as Bitcoin is concerned. Also following developments in the globe especially as a new year have just began and most countries are coming up with their economic policies for the year. It is from such fundamental news that clues about the direction of Bitcoin as well as other currencies can quickly be gotten and taken advantage of. For instance the looming interest rate increase in the United States, is something to keep tabs on.


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January 22, 2017, 01:48:58 PM
 #166

We are absolutely in hold territory.
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January 22, 2017, 02:25:05 PM
 #167

I would say wait for it, i am sure the price going to go up again, the longer you hold the better price it is going to be, i still holding my bitcoin and i am not going to sell my bitcoin at this price, i will observe and see how is the bitcoin price after the chinese new year
Waiting for longer is really a good decision as currently the price looks like it will go more higher in the coming future it is already increasing and once again a time will come when the price of it will boost up in hours and days so waiting for that time is important.
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January 22, 2017, 03:57:31 PM
Last edit: January 22, 2017, 06:56:02 PM by Fireblade
 #168

I would say wait for it, i am sure the price going to go up again, the longer you hold the better price it is going to be, i still holding my bitcoin and i am not going to sell my bitcoin at this price, i will observe and see how is the bitcoin price after the chinese new year
yes i am also interested to wait. although 1150 USD was a good time to sell that i personally missed the opportunity, i was thinking that the price will go more high, but unfortunately the price came down, but now i am not interested to sell and i have wait for the next boost up,hope this time bitcoin will cross 1200 for sure and after that i can think about to sell my bitcoins.
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January 22, 2017, 05:42:30 PM
 #169

I would say wait for it, i am sure the price going to go up again, the longer you hold the better price it is going to be, i still holding my bitcoin and i am not going to sell my bitcoin at this price, i will observe and see how is the bitcoin price after the chinese new year
yes i am also interested to wait.

Most definitely. You would have sold when the price was $1100, now it's better to wait for the Chinese new year. The market is mostly stable now but it will raise soon. And holding Bitcoins will always make you money. Smiley

 
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January 22, 2017, 06:44:45 PM
 #170

I would say wait for it, i am sure the price going to go up again, the longer you hold the better price it is going to be, i still holding my bitcoin and i am not going to sell my bitcoin at this price, i will observe and see how is the bitcoin price after the chinese new year
yes i am also interested to wait.

Most definitely. You would have sold when the price was $1100, now it's better to wait for the Chinese new year. The market is mostly stable now but it will raise soon. And holding Bitcoins will always make you money. Smiley
How you can sure that the price will raise again this coming chinese new year?
The best method for safety that you can make a good profit is to dont sell all just sell only partial of your bitcoin and the rest sell it if the price continues .. so that you can be still getting the benefits.. and if the price is decrease you can buy bitcoins again and safe your profit..



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Mkmanik
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January 22, 2017, 07:40:53 PM
 #171

At the current stage (nowadays) I think that it it better to hold because the current price of bitcoin is increasing based on the recent changes in the bitcoin price chart, and while it is increasing it's better to buy rather than to sell.

Agree with you. I also think,its the best time for buy bitcoin using local curency. Now the Btc rate are stable . But it will jump anytime into $1000+ . now i am burying bitcoin as i can And holding them.

Buying low rate and selling hihg rate is considered a great trader. I want to be a Bitcoin trader.Hope may Allah help me.
Bitcoin is such safe haven so do not worry to hold it. I am sure bitcoin will get more mass adoption in the future, so I think the price will rise again. Unlike altcoin's that could be die anytime. We better do stop loss for trading altcoin.

Agree with you man.I dont want to sell my bitcoin right now.I will hold them untill i reached my goal price.Today Bitcoin price are already increasing.Day by day its increasing.Hope it will again raised up 1400+$ .I am waiting for the great time.
By the time i am able to earn some more bitcoin Smiley .
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January 22, 2017, 11:19:41 PM
 #172

I would say wait for it, i am sure the price going to go up again, the longer you hold the better price it is going to be, i still holding my bitcoin and i am not going to sell my bitcoin at this price, i will observe and see how is the bitcoin price after the chinese new year
yes i am also interested to wait.

Most definitely. You would have sold when the price was $1100, now it's better to wait for the Chinese new year. The market is mostly stable now but it will raise soon. And holding Bitcoins will always make you money. Smiley
tell me your proof and I hadn't called it just a bullshit. This is just an little increase for the Chinese year and the Chinese will try to dump the price. and it will be burning the price of bitcoin until the other lower level.

 
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January 22, 2017, 11:28:15 PM
 #173

I would say wait for it, i am sure the price going to go up again, the longer you hold the better price it is going to be, i still holding my bitcoin and i am not going to sell my bitcoin at this price, i will observe and see how is the bitcoin price after the chinese new year
yes i am also interested to wait.

Most definitely. You would have sold when the price was $1100, now it's better to wait for the Chinese new year. The market is mostly stable now but it will raise soon. And holding Bitcoins will always make you money. Smiley
That certainly was the time when there were good chances of selling, and then buying at a lower price later. At the moment, I think the risk is too high to sell, since Bitcoin has been rising in value more steadily in recent weeks. This, in my opinion, may be a good sign for the holders.
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January 22, 2017, 11:33:51 PM
 #174

I would say wait for it, i am sure the price going to go up again, the longer you hold the better price it is going to be, i still holding my bitcoin and i am not going to sell my bitcoin at this price, i will observe and see how is the bitcoin price after the chinese new year
yes i am also interested to wait.

Most definitely. You would have sold when the price was $1100, now it's better to wait for the Chinese new year. The market is mostly stable now but it will raise soon. And holding Bitcoins will always make you money. Smiley
That certainly was the time when there were good chances of selling, and then buying at a lower price later. At the moment, I think the risk is too high to sell, since Bitcoin has been rising in value more steadily in recent weeks. This, in my opinion, may be a good sign for the holders.

There is no risk when you are selling but there is when you are buying unless you wanted to short.  I think I would wait for sometime before selling my BTC. We just came from a dip so probably the price will get higher than it was before.  And Holding Bitcoin  longer does not hurt us because we do intend to hold it really long time to get the possible maximum return.

 
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January 23, 2017, 01:30:27 AM
 #175

Hi,

I don't know what to do  Cry

How you think bitcoin will go up or down in near 2-3 weeks?

It is very important for me...

What you will do with your btc also?

Thanks.


Perhaps, you just became impatient in waiting. That's why you quoted the question above in this thread. We cannot predict when will  increase or decrease the value of Bitcoin or altcoins. Because if we just know when will increase, The world "WAIT" or "HOLD" will be unusefull in trading, which means the essense of it will turn into nothing.
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January 23, 2017, 03:07:21 AM
 #176

Hi,

I don't know what to do  Cry

How you think bitcoin will go up or down in near 2-3 weeks?

It is very important for me...

What you will do with your btc also?

Thanks.


Perhaps, you just became impatient in waiting. That's why you quoted the question above in this thread. We cannot predict when will  increase or decrease the value of Bitcoin or altcoins. Because if we just know when will increase, The world "WAIT" or "HOLD" will be unusefull in trading, which means the essense of it will turn into nothing.
Patience is the key here, thus, being inpatient is inexcusable. You have to put only what you can afford to lose so you would not worry much of that money. The price will rise at the right time, you just have to wait for it. What I see in the next 2-3 weeks is there's going to be a good price increase, we are probably gonna hit the $1,000 level again.




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noel2123
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January 23, 2017, 06:11:55 AM
 #177

Hi,

I don't know what to do  Cry

How you think bitcoin will go up or down in near 2-3 weeks?

It is very important for me...

What you will do with your btc also?

Thanks.
For me, just wait for a while because you cannot be on the top in just blink of an eye. You have to work for it if you want to have a higher rank in bitcoin. Then after that if your rank is good enough and you know you can sell it with a high price, then do it. Just wait for the right timing.
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January 23, 2017, 06:34:33 AM
 #178

For me you should just wait or hold on to those bitcoins as there would be a great chance that the prices will still go up even until $1,100 again. Just ride the waves of its growth right now and once there is a panic selling again sell before that happens then buy back at the bottom price.
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January 23, 2017, 07:52:47 AM
 #179

Hi,

I don't know what to do  Cry

How you think bitcoin will go up or down in near 2-3 weeks?

It is very important for me...

What you will do with your btc also?

Thanks.


Perhaps, you just became impatient in waiting. That's why you quoted the question above in this thread. We cannot predict when will  increase or decrease the value of Bitcoin or altcoins. Because if we just know when will increase, The world "WAIT" or "HOLD" will be unusefull in trading, which means the essense of it will turn into nothing.
i thin the key to success in bitcoin trading is to be patient. although it is a fact that no  one can give 100% correct prediction about bitcoin trading but still we can analyze from the number of people that are joining bitcoin your area. to  me in my area when i stated bitcoin investment i think i was the first person in my area to use bitcoin. but now i can see that the number of bitcoin users are increasing from time to time. and so i can also expect the same situation in other areas. therefore i can expect that the price of bitcoin can increase more and more in future.
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January 23, 2017, 08:15:25 AM
 #180

three day later , in 20 january, until now bitcoin price still trend up
i want wait and hold my bitcoin until reach 1000 dollar/bitcoin
and then i can sell my bitcoin

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