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Author Topic: Sell or wait?  (Read 58111 times)
kumax
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February 20, 2017, 07:43:03 AM
 #461

Right now the price is too high for me to buy. I'm going to hold for a drop before I buy more. If the price rises above $1100, I'll sell some more.

I kept thinking that at $700 and I missed out. What price are you willing to buy at? I don't think we'll ever see anything below $800 anymore.
I can feel your pain, bro! Grin I was thinking about a bigger investment when btc was around $600, but then things started to move very quickly during autumn and I thought, nah, it's only another bubble, I'll buy more bitcoins when the bubble bursts. Then we saw what happened after New Year, so I thought there it is, lets wait for some second bubble, when the price will be $600 again. But the truth is, that the price went back above $1000 and now I'm eating my shoes with anger. Tongue Cheesy
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February 20, 2017, 08:19:36 AM
 #462

Right now the price is too high for me to buy. I'm going to hold for a drop before I buy more. If the price rises above $1100, I'll sell some more.

I kept thinking that at $700 and I missed out. What price are you willing to buy at? I don't think we'll ever see anything below $800 anymore.
I can feel your pain, bro! Grin I was thinking about a bigger investment when btc was around $600, but then things started to move very quickly during autumn and I thought, nah, it's only another bubble, I'll buy more bitcoins when the bubble bursts. Then we saw what happened after New Year, so I thought there it is, lets wait for some second bubble, when the price will be $600 again. But the truth is, that the price went back above $1000 and now I'm eating my shoes with anger. Tongue Cheesy

That's why everyone says to not let your emotions interfere with your trading. On the bright side, we're both better off than the people who aren't involved in bitcoin. I'm very grateful for being part of this community.

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February 20, 2017, 08:27:06 AM
 #463

I can feel your pain, bro! Grin I was thinking about a bigger investment when btc was around $600, but then things started to move very quickly during autumn and I thought, nah, it's only another bubble, I'll buy more bitcoins when the bubble bursts. Then we saw what happened after New Year, so I thought there it is, lets wait for some second bubble, when the price will be $600 again. But the truth is, that the price went back above $1000 and now I'm eating my shoes with anger. Tongue Cheesy

That's why everyone says to not let your emotions interfere with your trading. On the bright side, we're both better off than the people who aren't involved in bitcoin. I'm very grateful for being part of this community.
I know, I know.  Grin
But for me, everything about crypto currency, it's still more for fun than for making a reall profit for a living.
I try to learn as much as I can, to gain experience with trading, mining, altcoins, etc. I try to set my goals in trading, learn some new strategies and when I loose, it's not any big disaster for me, it's just less fun, than winning some extra coins. Grin Yes, it could be described as a gambling maybe, but without a house edge and with a strategy, where I can be better and better. Wink
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February 20, 2017, 08:32:06 AM
 #464

Right now the price is too high for me to buy. I'm going to hold for a drop before I buy more. If the price rises above $1100, I'll sell some more.

I kept thinking that at $700 and I missed out. What price are you willing to buy at? I don't think we'll ever see anything below $800 anymore.
I can feel your pain, bro! Grin I was thinking about a bigger investment when btc was around $600, but then things started to move very quickly during autumn and I thought, nah, it's only another bubble, I'll buy more bitcoins when the bubble bursts. Then we saw what happened after New Year, so I thought there it is, lets wait for some second bubble, when the price will be $600 again. But the truth is, that the price went back above $1000 and now I'm eating my shoes with anger. Tongue Cheesy

That's why everyone says to not let your emotions interfere with your trading. On the bright side, we're both better off than the people who aren't involved in bitcoin. I'm very grateful for being part of this community.

Even if you say that emotions will always take over.
Just the anger and regret of not doing it that time and trading late will make you mad.
That is when we do decisions that are really reckless.
So better wait for now than sell. I just hope everyone here gets it at the right time.


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February 20, 2017, 08:42:39 AM
 #465

That's why everyone says to not let your emotions interfere with your trading. On the bright side, we're both better off than the people who aren't involved in bitcoin. I'm very grateful for being part of this community.

Even if you say that emotions will always take over.
Just the anger and regret of not doing it that time and trading late will make you mad.
That is when we do decisions that are really reckless.
So better wait for now than sell. I just hope everyone here gets it at the right time.



But a profit from trading is made by lost investments of other people, so if everyone get it at the right time, yes, there wont be any losses for anyone, but nor the profit.  Grin
So we can say it's good that people in trading are often driven by emotions, and you are right, that majority of them always will be.
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February 20, 2017, 08:45:41 AM
 #466

Right now the price is too high for me to buy. I'm going to hold for a drop before I buy more. If the price rises above $1100, I'll sell some more.

I kept thinking that at $700 and I missed out. What price are you willing to buy at? I don't think we'll ever see anything below $800 anymore.
I can feel your pain, bro! Grin I was thinking about a bigger investment when btc was around $600, but then things started to move very quickly during autumn and I thought, nah, it's only another bubble, I'll buy more bitcoins when the bubble bursts. Then we saw what happened after New Year, so I thought there it is, lets wait for some second bubble, when the price will be $600 again. But the truth is, that the price went back above $1000 and now I'm eating my shoes with anger. Tongue Cheesy

That's why everyone says to not let your emotions interfere with your trading. On the bright side, we're both better off than the people who aren't involved in bitcoin. I'm very grateful for being part of this community.

You're right you should not let your emotions interfere your trading ability because it might lead you to loss of profit. Have an enough patience and don't decide quickly, analyze the situation mostly. We should be always grateful at all time because we are blessed to have this opportunity as always with this kind of courage to face in every situation.

 
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February 21, 2017, 07:29:33 AM
 #467

see the bitcoin prices rose today makes me forward- thinking that waiting for higher prices again, is a wise decision. maybe in a few weeks, the price of bitcoin is able to achieve a price of $ 1200, or maybe more than that. 2 weeks is a faster time, I am sure, it will happen.


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February 21, 2017, 08:22:38 AM
 #468

see the bitcoin prices rose today makes me forward- thinking that waiting for higher prices again, is a wise decision. maybe in a few weeks, the price of bitcoin is able to achieve a price of $ 1200, or maybe more than that. 2 weeks is a faster time, I am sure, it will happen.
The increase is substantial and as of now, there is no sign of stopping and I think this will continue and we can have $1,200 easily by the end of this month. Right now, we are about to touch $1,100 so it's a good signal not to sell yet to gain more value by the time we we cash out. At this moment of time, it is where we must be monitoring the price to buy and sell at the right timing.




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February 22, 2017, 02:56:18 AM
 #469

I will kept my btc till 2018.
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February 22, 2017, 05:28:04 AM
 #470

Selling currently is a good idea as price is very high but you can wait to for more profit then buy again when price reduce works for me.
Just wait it until the end of march and we will see the maximum price of bitcoin. and after it the price will get dump a lot. and the people will try to buy the other altcoin. just the matter of time. after read some news about bitcoin etf.

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February 22, 2017, 10:23:55 AM
 #471

I am waiting. Be it 1200, 1500 or 2000. My goal is to check back in 2020. If i need the money I will cash at the current rate. Be it at a loss or profit.
If it is at a loss i will be templated to hold it longer though.

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February 22, 2017, 12:07:29 PM
 #472

see the bitcoin prices rose today makes me forward- thinking that waiting for higher prices again, is a wise decision. maybe in a few weeks, the price of bitcoin is able to achieve a price of $ 1200, or maybe more than that. 2 weeks is a faster time, I am sure, it will happen.
The increase is substantial and as of now, there is no sign of stopping and I think this will continue and we can have $1,200 easily by the end of this month. Right now, we are about to touch $1,100 so it's a good signal not to sell yet to gain more value by the time we we cash out. At this moment of time, it is where we must be monitoring the price to buy and sell at the right timing.

I agree that we must monitor the price for the timing of buying and selling because of the profit that is always moving up high as well. The good signs is really remarkable during this days of $1,100 will be gaining more value and it’s a good signs for now to wait until it will possibly climb up to $2k, if that happens cashing out is a better option to do for fiat cash money. You should sell your bitcoin when it reached the price that you aimed for, so that you will gain the high profit that you ever hope for a long time of being patiently waiting.

 
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February 22, 2017, 01:00:09 PM
 #473

I am willing to wait. The current price is amazing, we are now so close to break the ATH, we can now have a new record in no time. Knowing the price of bitcoin everyday means to me, it keeps me updated and come to think on what should I do with my coins. But I just let it on my wallet and avoid selling because it is scheduled.

 
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February 22, 2017, 03:16:04 PM
 #474

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.
Sell your 20% of your bitcoin or atleast saved your 20% of your profit from gambling , trading , investment so you still had bitcoin on your web wallet if there are chance that bitcoin can be increase. I'ts very important to saved atleast in case of emergency of your needs on bitcoin.
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February 22, 2017, 03:28:33 PM
 #475

I was new to BTC trading and made a mistake in January, so sold my few bitcoins for 800$, now i just want an opportunity to buy it back and hold for long.
Can we expect a correction to less than 1k$ in near weeeks, months?
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February 22, 2017, 04:44:56 PM
 #476

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.

if you really want to get profit then you just have to wait and everything will fall in to place no one know when and what will be the movements of price in the next few weeks but if you truly believe in bitcoin waiting is not a big deal for you as bitcoin didn't made all disappointed but if you are getting bored of waiting why don't you try to buy and sell your bitcoin .

 
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February 22, 2017, 05:48:10 PM
 #477

there is gonna be a correction soon  but i think it s small
if you look to it compared to january , this time it get up slower  so correction gonna be smaller
hard to say when ,the rsi is lot lower than in january but it s above 70 so could happen anytime but  i think it s still going up for couple of days or more
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February 22, 2017, 06:25:19 PM
 #478

Sorry but i can stay long in bitcoin and i want to save profit in safety before the price will fall again..
So for me sell .. i am not waiting for more increase since we do not know exactly how much more will increase bitcoin price..



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February 22, 2017, 07:13:08 PM
 #479

there is gonna be a correction soon  but i think it s small
if you look to it compared to january , this time it get up slower  so correction gonna be smaller
hard to say when ,the rsi is lot lower than in january but it s above 70 so could happen anytime but  i think it s still going up for couple of days or more

I would agree, I.also expect some smaller correction, not a big dump that everyone is afraid of. At the moment the price is still climbing up but this will not last forever. Still predictions are good for long term so besides this smaller transactions there shouldn't be some major dumps on the market.

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February 23, 2017, 11:33:06 AM
 #480

I was new to BTC trading and made a mistake in January, so sold my few bitcoins for 800$, now i just want an opportunity to buy it back and hold for long.
Can we expect a correction to less than 1k$ in near weeeks, months?
Ouch, typical panic sell.. Grin How could you do it after you saw that btc was over $1100 already in January and everyone predicted it will come back above $1000 within month or two? (I know, it's easy to be smart ass after "the battle" Cheesy)
Honestly, I think there may be some correction back to $1000 in a near furute, but I don't believe it would come back to $800.
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