Sell or wait?

[Natalim]

I would wait.... even if I sell, will find the best price to sell and buy back at a lower price...

It's a good time to maximize our earning, the price of bitcoin is moving fast with substantial amount. Having a good amount of capital would help us to take the opportunity to make money even in a short period of time. As what I have witness, the price could go down to $800+ and then back to $1,000. Looking at the price disparity, we could take advantage to earn and easy $100 by doing the right timing.

[mundang]

It depends upon the situation. Why wait if you barely needed the  money.  But for some they will choose to wait because holding will give them high profit in return.

[Harry Callahan]

If you think of selling at the right time, then sell it now else you need to wait long time to experience the price rise. The price has started to decrease in a gradual manner. This describes that the price is moving towards a new point to stay long time.

It is not a good advice to sell the coin at this price ,formally it would depend upon the profit you got till now.Price wont go down further without any negative news and whenever the price went down it is simply because of the PBoC manipulation and the price have regained after that.So it is going to wait for a good rally rather than selling it now.

[BitcoinGirl.Club]

Maybe it would be the right call to wait with all the hype of a big bubble coming soon said to hit $25000\BTC.
Who knows you might be the next millionaire.

[Mbah Slamet]

Better hold, rest assured that the price of the bitcoin is currently still low, many hope that the price of the bitcoin can reach $5.000 this year. If you have the money, I suggest to keep buying bitcoin.

[The_Dark_Knight]

Waiting for a higher price is good idea for some holders ,but if you feel that bitcoin price is in danger or  it starts to go down ,then basically you must sell it before it will go down deep.

No, that is panic selling and that is the fastest way to lose money, sell when you get a profit and if you are in the red, then wait until you are not, the price of bitcoin always recovers relatively fast.

Never do stupid decision when selling, your lack of trust will lead you to losses. You but bitcoin because you believe overtime the value will rise then you should believe on that, we have already seen it many times that every time there's a crisis, whales just consider this as an opportunity to buy cheap bitcoins. If they are successful doing it, we should be doing it also, in the end, if we hold longer, we can rip the fruits of our labor.

Correct, I think what happens is the people invest without knowing or truly believing in bitcoin so when they see bitcoin losing value they panic and then they sell, but for us the true believers of bitcoin that is something that does not happen to us.

[Natalim]

Waiting for a higher price is good idea for some holders ,but if you feel that bitcoin price is in danger or  it starts to go down ,then basically you must sell it before it will go down deep.

No, that is panic selling and that is the fastest way to lose money, sell when you get a profit and if you are in the red, then wait until you are not, the price of bitcoin always recovers relatively fast.

Never do stupid decision when selling, your lack of trust will lead you to losses. You but bitcoin because you believe overtime the value will rise then you should believe on that, we have already seen it many times that every time there's a crisis, whales just consider this as an opportunity to buy cheap bitcoins. If they are successful doing it, we should be doing it also, in the end, if we hold longer, we can rip the fruits of our labor.

Correct, I think what happens is the people invest without knowing or truly believing in bitcoin so when they see bitcoin losing value they panic and then they sell, but for us the true believers of bitcoin that is something that does not happen to us.

We actually see it as an opportunity but to them it's failure, we have different views on the price movement as some people does not educate themselves first before they get in to invest. When you are investing, your decision matters, and in order for you to make a right decision, you need know the basics and continue to educate yourself. There's plenty of FUD here and if you believe that, you will lose your chances to profit.

[fearlesscat10]

Waiting for a higher price is good idea for some holders ,but if you feel that bitcoin price is in danger or  it starts to go down ,then basically you must sell it before it will go down deep.

No, that is panic selling and that is the fastest way to lose money, sell when you get a profit and if you are in the red, then wait until you are not, the price of bitcoin always recovers relatively fast.

Never do stupid decision when selling, your lack of trust will lead you to losses. You but bitcoin because you believe overtime the value will rise then you should believe on that, we have already seen it many times that every time there's a crisis, whales just consider this as an opportunity to buy cheap bitcoins. If they are successful doing it, we should be doing it also, in the end, if we hold longer, we can rip the fruits of our labor.

Correct, I think what happens is the people invest without knowing or truly believing in bitcoin so when they see bitcoin losing value they panic and then they sell, but for us the true believers of bitcoin that is something that does not happen to us.

We actually see it as an opportunity but to them it's failure, we have different views on the price movement as some people does not educate themselves first before they get in to invest. When you are investing, your decision matters, and in order for you to make a right decision, you need know the basics and continue to educate yourself. There's plenty of FUD here and if you believe that, you will lose your chances to profit.

Agreed, but unfortunately all this FUD and making mistakes are part of the learning process. Bitcoin is still unstable at this point, and newcomers have to be wary of all the FUD and FOMO they'll experience, but nothing really prepares them for that.

No one's a better teacher than experience. But then again, newbies can't really tell the difference between an experienced trustworthy bitcoin mentor and some internet troll.

[xvids]

For me I don't really sell my Bitcoin unless I really need the money,
I will just hold it and let the price go high or low.

[lionheart78]

If there is a chance of profit you should sell it and if not, just have patience and wait for a long time during maturity thats the time that you can sell. Long time waiting could be profitable as others are saying there is profit in holding bitcoin because the price is rising and chances of falling is minimal specially when the demand is high.

This is the best way.  If there is profit and you think that Bitcoin is going to downtrend in price, Sell you BTC and when you feel that it is going to start uptrending Buy to make more Bitcoin out of what you have sold.  It would be unfair to tell you to hold while I am happy taking advantage of the fluctuation and getting profit

[BitcoinHodler]

If there is a chance of profit you should sell it and if not, just have patience and wait for a long time during maturity thats the time that you can sell. Long time waiting could be profitable as others are saying there is profit in holding bitcoin because the price is rising and chances of falling is minimal specially when the demand is high.

This is the best way.  If there is profit and you think that Bitcoin is going to downtrend in price, Sell you BTC and when you feel that it is going to start uptrending Buy to make more Bitcoin out of what you have sold.  It would be unfair to tell you to hold while I am happy taking advantage of the fluctuation and getting profit

this may seem like the best way at first but this very same strategy becomes extremely risky at times like this when price fluctuations become harder to predict.
right now (in short term) we don't know if price is going down because China did something else stupid or will it go up because of other reasons such as the ETF hype.
and when it becomes hard to predict, it also becomes riskier to trade short.

[1Referee]

For me I don't really sell my Bitcoin unless I really need the money,
I will just hold it and let the price go high or low.

Point is that you should only invest money into Bitcoin that you surely know you won't need in the coming years. If you buy Bitcoin, and you for whatever reason might need the money and sell as result, then it's probably money that you shouldn't have invested in the first place.

But then again, newbies can't really tell the difference between an experienced trustworthy bitcoin mentor and some internet troll.

That's the exact reason kwukduck and his army of shill acounts/bots keep trying to convince newbies into believing his utter nonsense. That's why it's important that everytime he creates a thread hammering Bitcoin down, that you counter his nonsense with strong arguments. It's just pathethic that someone is willing to go that far. I just wonder what did drive him to behave like that, there must be a reason.

[shannen87]

Don't be stupid and wait. Now it's the best time to buy.
BTC won't drop to even $800 anymore.
At the end of 2017 the price would be $2000 and each year for the couple next will rise to 150%.

[pealr12]

Don't be stupid and wait. Now it's the best time to buy.
BTC won't drop to even $800 anymore.
At the end of 2017 the price would be $2000 and each year for the couple next will rise to 150%.

Youre absolutely right on what you have said,i ve been also predicted that  bitcoin will never go down again., at 900 and  2000$ if for nextyears  price. This year bitcoin will gonna break the ath and 1700$ is the highest price this 2017

[HanSchultz]

Don't be stupid and wait. Now it's the best time to buy.
BTC won't drop to even $800 anymore.
At the end of 2017 the price would be $2000 and each year for the couple next will rise to 150%.

Youre absolutely right on what you have said,i ve been also predicted that  bitcoin will never go down again., at 900 and  2000$ if for nextyears  price. This year bitcoin will gonna break the ath and 1700$ is the highest price this 2017

You never know what the price of bitcoin will be if a negative news comes out like a major hack on any exchange and you can never ignore those facts.But if you are well enough to purchase with every dip then it will be a good investment in the longer run.

[marcuslong]

Don't be stupid and wait. Now it's the best time to buy.
BTC won't drop to even $800 anymore.
At the end of 2017 the price would be $2000 and each year for the couple next will rise to 150%.

Trading is the best solution ablut this one don't sell and sell and sell or sold all your coins and then buy , Holding bitcoin and waiting for the price increase is stupidity why you keep money for what? If you dont use that quit bitcoin for good

[The_Dark_Knight]

Waiting for a higher price is good idea for some holders ,but if you feel that bitcoin price is in danger or  it starts to go down ,then basically you must sell it before it will go down deep.

No, that is panic selling and that is the fastest way to lose money, sell when you get a profit and if you are in the red, then wait until you are not, the price of bitcoin always recovers relatively fast.

Never do stupid decision when selling, your lack of trust will lead you to losses. You but bitcoin because you believe overtime the value will rise then you should believe on that, we have already seen it many times that every time there's a crisis, whales just consider this as an opportunity to buy cheap bitcoins. If they are successful doing it, we should be doing it also, in the end, if we hold longer, we can rip the fruits of our labor.

Correct, I think what happens is the people invest without knowing or truly believing in bitcoin so when they see bitcoin losing value they panic and then they sell, but for us the true believers of bitcoin that is something that does not happen to us.

We actually see it as an opportunity but to them it's failure, we have different views on the price movement as some people does not educate themselves first before they get in to invest. When you are investing, your decision matters, and in order for you to make a right decision, you need know the basics and continue to educate yourself. There's plenty of FUD here and if you believe that, you will lose your chances to profit.

Agreed, but unfortunately all this FUD and making mistakes are part of the learning process. Bitcoin is still unstable at this point, and newcomers have to be wary of all the FUD and FOMO they'll experience, but nothing really prepares them for that.

No one's a better teacher than experience. But then again, newbies can't really tell the difference between an experienced trustworthy bitcoin mentor and some internet troll.

This is why, it is better to take things slowly, since the markets are always going to be there, and there are always be opportunities to profit from them, FUD can sometimes be deafening especially if you are used to watch the mainstream media.

[lumeire]

Don't be stupid and wait. Now it's the best time to buy.
BTC won't drop to even $800 anymore.
At the end of 2017 the price would be $2000 and each year for the couple next will rise to 150%.

That's pretty bold, actually I'm expecting quite a bit of a roller coaster this year. $2000 is attainable, but maybe after the next halving.

[stadus]

Don't be stupid and wait. Now it's the best time to buy.
BTC won't drop to even $800 anymore.
At the end of 2017 the price would be $2000 and each year for the couple next will rise to 150%.

That's pretty bold, actually I'm expecting quite a bit of a roller coaster this year. $2000 is attainable, but maybe after the next halving.

Why not this year? We have a good start and that can be a good basis that we can achieve what has previously done, we are stable at $1,000 now after few dump and for me, that means we are going to another pump until we reach $1,200. In terms of figures, our prediction differs, but one thing is sure, we will not fall back from $1,000 this year.

[Sniper44]

Don't be stupid and wait. Now it's the best time to buy.
BTC won't drop to even $800 anymore.
At the end of 2017 the price would be $2000 and each year for the couple next will rise to 150%.

That's pretty bold, actually I'm expecting quite a bit of a roller coaster this year. $2000 is attainable, but maybe after the next halving.

next halving is about 3-4 years in the future, so you think bitcoin will stop rising unlike other years before and slow down drastically to a tiny ~30% rise each year?!!

that is not going to happen my friend, that amount of rise is ridiculously low for bitcoin which have been rising 100%+ a year.