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Author Topic: Sell or wait?  (Read 58345 times)
X-ray
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January 19, 2017, 01:00:56 PM
 #141

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.
Really dude? that's like a suicidal attempt by borrowing money whilst you own one and getting burdened by the risk because the one who gives the money may make a complicated agreement.
and the main question, how if the price is decreasing instead of rising? what will you do?

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January 19, 2017, 01:04:08 PM
 #142

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.
Really dude? that's like a suicidal attempt by borrowing money whilst you own one and getting burdened by the risk because the one who gives the money may make a complicated agreement.
and the main question, how if the price is decreasing instead of rising? what will you do?

Well i think the strategy works it could gain you profits because lately bitcoin dumps then a matter of hour it pumps big so that is the real profit . if you know how to play with it then you can earn profit. Well i could agree that it will dump and dump it will increase sooner or later lets just be patient.
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January 19, 2017, 02:13:44 PM
 #143

That time is gone now when a fear appeared about the down fall of the price of bitcoin now the price is much better and with the passage of time the price of bitcoin increasing. So wait is better for everyone. I waited at that time and now I am happy with a good price of it.
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January 19, 2017, 02:32:21 PM
 #144

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.
As you've red and understood about comments here a lot of them says to wait, as per me wait before you sell. Wait for the right time, based on the experts bitcoin will still get rise in the next days to come so wait for even at least a month. Nothing to loose if you'll wait. Wait and see!
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January 19, 2017, 03:06:19 PM
 #145

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.
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January 19, 2017, 03:38:00 PM
 #146

Just wait maam/sir. Bitcoin is on the stage where it is not yet stable. It can go up and it can also go down, because of the past event on early january this year, the bitcoin goes to its peak and suddenly go down. It is still on its recovery mode so i just preffer to just hold for the moment

And it will never be stable IMO, its price may increase significantly but it may down like a hell. If bitcoin is being stable, I think many people will leave bitcoin-fiat trading as it will not profitable anymore.
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January 19, 2017, 03:50:13 PM
 #147

Just wait maam/sir. Bitcoin is on the stage where it is not yet stable. It can go up and it can also go down, because of the past event on early january this year, the bitcoin goes to its peak and suddenly go down. It is still on its recovery mode so i just preffer to just hold for the moment

And it will never be stable IMO, its price may increase significantly but it may down like a hell. If bitcoin is being stable, I think many people will leave bitcoin-fiat trading as it will not profitable anymore.

This is true bitcoin wouldnt make its price to be stable even in future years to come and it would still remain unstable.It wont become a fiat currency which is value is fixed already.People or investors will surely leave it and as you said it wont be profitable anymore because people are making money because of its volatile price movement.We should wait according on our buying entry and seek for the best time to sell.

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January 19, 2017, 04:06:12 PM
 #148

In short term I'm sure that volatility will stay with us but in longer perspective I expect it to diminish slowly. For traders it is not good but for investors and asset holders the better times are ahead. Anyway, you can speculate with BTC price like you are doing with gold or other commodities. It could give you much better results. As I started from Polo and then moved my trade to 1Broker. It gave me fantastic returns. 



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Rainbot
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January 19, 2017, 09:44:43 PM
 #149

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.
but to me if you have invested your money for short tern then you can take a decision analyzing the current position of your invested bitcoin if they are giving you some profit then sell and if they are trading below your purchase price the try hold it, and if you have invested your bitcoin for long term then i think it is still time to sell and you should better hold your bitcoin for long time.
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January 20, 2017, 02:08:57 AM
 #150

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

You're very sure if Bitcoin will exceed number 1000 dollars. we all expect to like it but now Bitcoin price range of 800 to 900 dollars. Bitcoin stabilized at that level. In my point of view the best ways at this time is to sell and buy Bitcoin in short trade.

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January 20, 2017, 04:16:22 AM
 #151

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.
This is too risky, while your earnings will be bigger if you did that, the problem always comes when things don't go according to your plan if you lose money you will no only lose money but will be indebted too.
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January 20, 2017, 06:45:40 AM
 #152

For now , it's better to wait as bitcoin value will increase gradually ( Investor got attract by massive pump )
I can say that bitcoin will increase more than $ 1500 at the end of this year based on graph trend


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January 20, 2017, 02:10:21 PM
 #153

Just wait maam/sir. Bitcoin is on the stage where it is not yet stable. It can go up and it can also go down, because of the past event on early january this year, the bitcoin goes to its peak and suddenly go down. It is still on its recovery mode so i just preffer to just hold for the moment
Yes holding coins is one of the safest way and profitable investment you will need a liitle more patience when holding coins and set up your ideal price for bitcoins.

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January 20, 2017, 02:18:27 PM
 #154

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.
Wow that is a very nice suggestion. It will be good that we get some loan from our relatives as with that we will not need to pay higher and they will easily agree to give us loan if they will know that yes he can repay the loan and when the price increase which will increase sooner then we have to repay the loan of them.
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January 20, 2017, 06:19:01 PM
 #155

My answer is to wait. Now bitcoin price is increasing day by day. I heard that(from the legendary member of this forum), bitcoin price will be 1000$ again on this month in the last week. When bitcoin price will be 1400$,I will sell all of my Bitcoin on this time.

Just hold your bitcoin ,And sell them when price are high.

my suggestion is wait too because we need more time to break the barrier and when the barrier is break then the price is ready to gets increase. I am waiting for the price $1500 too but i don't want to sell all of my bitcoin, i want to make more than $1500.

I am also waiting for the price $1500 too.Today Bitcoin price are 895$(according to coinbase).Don't know what will happen with us.Sometimes its increasing hugely and also decreasing. When I found bitcoin price are 1400$+ ,this time i will sell all of my coin.Now i am buying BITcoin with my local curency.Hope i will success in my plane.

why $1500 or $1400? and why not $10000 or $900?

it is not just hoping, you should never put your faith in your hopes, instead try to see what price can be reached and what will you lose if you sell before it or don't sell and miss out.

also it is not important what price we see, the important thing is how we see that price.
for example last year many were planning on selling when price hits $500. surely enough price reached $500 but kept rising. the same thing about other prices.

10000$!! what do you mean by it man?? Ithink you make a typing mistakek! However,I am holding all of my Bitcoin for sell at a best rate.I believe Bitcoin price will increase agaian like Christmas day. 900$ is the current rate of Bitcoin,so why i am not interested now for sell my Bitcoin..When the price would be interested near to me i will sell all of my coin.Until i will sleep with my coin Wink Wink

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January 21, 2017, 12:50:01 AM
 #156

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.
Certainly, expect the price hike of bitcoin next month.
I see this situation last year were bitcoin start at $200 then at the end of the year, it reached $1000. Same as now, I see bitcoin will rise bit by bit as it widespreas its popularity not only for big investors but only for small investors who want their money to invest with.
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January 21, 2017, 03:11:40 AM
 #157

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.


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Dhoe
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January 21, 2017, 03:38:53 AM
 #158

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.
You are right, in this moment wait and hold the Bitcoin is nice than sell it. I am also sure that the price of Bitcoin will be rise again.
Victorycoin
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January 21, 2017, 05:44:38 AM
Last edit: January 21, 2017, 01:04:15 PM by Victorycoin
 #159

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.
Japinat
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January 21, 2017, 06:01:42 AM
 #160

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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