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Author Topic: Sell or wait?  (Read 58421 times)
Luno
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March 15, 2017, 09:40:55 AM
 #621

In my opinion if you has many bitcoin better you sell, seems currently will continue decline.

What prices are you currently looking at? We have been increasing steadily for a while now other than the crash due to ETF denial.
Even with a mild crash we rebounded back up to $1200+ in less than 12 hours.
I have more faith in BTC now, than I did 1 week ago.

Personally for me, I wouldn't buy Bitcoin at these prices. Bitcoin always has ups and downs in price and I think we are still on the upside. I'm waiting for some kind of temporary drop in price to buy more. There could be some people cashing out gains or whales manipulating the price, but there are always dips along the way.
I think, the best price to buy again Bitcoin is at rate $1000. But I think it's impossible
the price of Bitcoin will be down again. We can see every day that price is increasing.

You nailed it the value of bitcoin will never go below the mark of $1000 as it has become a flooring price for bitcoin now and if someone sells bitcoin for $1000 then you are lucky. As we see everyday the price of bitcoin keeps increasing it's really hard to find someone who can sell bitcoin at least price.
york780
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March 15, 2017, 09:48:41 AM
 #622

If bitcoin rises +/-300 EUR in a couple of months it can also decrease 200 EUR in couple of months. Its possible, so dont talk like bitcoin will only go up. It is both possible. This is bitcoin after all. You are talking like bitcoin i only going up while in 2014 and 2015 it wasnt going up. Nobody really knows what will happen to the price. We are currently arount ATH so that means it is likely that we go 100 EUR down to consolidation. Thats quite normal for a market, even a growing one like bitcoin.
giveen
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March 15, 2017, 12:49:40 PM
 #623

In my opinion if you has many bitcoin better you sell, seems currently will continue decline.
What makes you say the price is declining i agree it was at $1100 from $1200 but it has come back up to 1200+. Even after etf disapproval the price didn't decrease i wouldn't recommend anyone to sell their coins and just wait for few more months. The price is only growing now the fall in price happens rarely.
Trongersoll
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March 15, 2017, 01:28:05 PM
 #624

In my opinion if you has many bitcoin better you sell, seems currently will continue decline.
What makes you say the price is declining i agree it was at $1100 from $1200 but it has come back up to 1200+. Even after etf disapproval the price didn't decrease i wouldn't recommend anyone to sell their coins and just wait for few more months. The price is only growing now the fall in price happens rarely.

Yes the price is only increase and reaching a new phase only few inexperienced amateur will end up selling all their bitcoins in hurry only to regret later and i am sure bitcoin will hit a new height very soon. 
jhelyn
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March 15, 2017, 02:01:13 PM
 #625

Both. Buy if you have the money. Sell if you already profitable or break even for you to sell.
DrGuns4Hands
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March 15, 2017, 02:10:58 PM
 #626

well selling bitcoin can made you to have a larger profit than wait for the price of bitcoin to go up. because anytime bitcoin price would drop and im definitely sure that your gonna regret it if thats happen but anyways I'm saving my bitcoin for the future because there's no one want to buy it from me so im saving it and gonna cashit out soon if i needed it .
lumeire
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March 15, 2017, 02:15:03 PM
 #627

Both. Buy if you have the money. Sell if you already profitable or break even for you to sell.

Try to do short trades on an amount you're willing to risk. At least you'll have fun trading.  Grin

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Yutard
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March 15, 2017, 06:19:27 PM
 #628

well selling bitcoin can made you to have a larger profit than wait for the price of bitcoin to go up. because anytime bitcoin price would drop and im definitely sure that your gonna regret it if thats happen but anyways I'm saving my bitcoin for the future because there's no one want to buy it from me so im saving it and gonna cashit out soon if i needed it .

It is better not to sell bitcoin now. The price is consolidating. After a few months, the price will rise a lot.
shannen87
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March 15, 2017, 06:50:45 PM
 #629

In my opinion if you has many bitcoin better you sell, seems currently will continue decline.
What makes you say the price is declining i agree it was at $1100 from $1200 but it has come back up to 1200+. Even after etf disapproval the price didn't decrease i wouldn't recommend anyone to sell their coins and just wait for few more months. The price is only growing now the fall in price happens rarely.

Havent you heared of the upcoming HF? BTC is going to worth under $800
BitcoinMarshal
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March 15, 2017, 07:11:18 PM
 #630

well selling bitcoin can made you to have a larger profit than wait for the price of bitcoin to go up. because anytime bitcoin price would drop and im definitely sure that your gonna regret it if thats happen but anyways I'm saving my bitcoin for the future because there's no one want to buy it from me so im saving it and gonna cashit out soon if i needed it .

It is better not to sell bitcoin now. The price is consolidating. After a few months, the price will rise a lot.
Its not sure price is going to rise better on current rate sell and do some fun with this mean short trades can give you some good profit
South Park
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March 15, 2017, 07:48:29 PM
 #631

In my opinion if you has many bitcoin better you sell, seems currently will continue decline.

What prices are you currently looking at? We have been increasing steadily for a while now other than the crash due to ETF denial.
Even with a mild crash we rebounded back up to $1200+ in less than 12 hours.
I have more faith in BTC now, than I did 1 week ago.
Problem is that people are only looking at very short term charts (e.g. 1-6 hour charts).

If the price within these hours drops a few bucks, then it directly looks like significant down movement, while if you enlarge the chart period, nothing interesting has happened.

I call these people extreme-short-term-chart-sniffers. They spend too much time staring at such insignificant chart periods and thus get a twisted sense of reality. Rookies.
I have seen some day traders claiming to use 15 minutes charts so it is even worst than what you think, if we see bitcoin price from a long time perspective we will see bitcoin has only done one thing to go up, there are some ups and downs but the general direction is up.
york780
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March 15, 2017, 07:59:55 PM
 #632

Have you seen 2014 and 2015 ? 2 years down. 2016 and 2017 up. So what you say is incorrect and so false. Everyone can read charts.
Biodom
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March 15, 2017, 08:30:57 PM
 #633

Have you seen 2014 and 2015 ? 2 years down. 2016 and 2017 up. So what you say is incorrect and so false. Everyone can read charts.

Look again..2015 was an up year (from about $320 to about $430).
https://bitcoincharts.com/charts/bitstampUSD#rg1460zczsg2015-01-01zeg2015-12-31ztgSzm1g10zm2g25zv
Reid
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March 15, 2017, 08:38:13 PM
 #634

Have you seen 2014 and 2015 ? 2 years down. 2016 and 2017 up. So what you say is incorrect and so false. Everyone can read charts.
So are you saying 2018 will be a fall?
That is the next year of your so called per 2 years cycle.
I dont get it. Does economy also rely on that or other commodities or mutual funds?
This doesnt mean anything, it is all just the way people think when they lack sleep.
I think I will still wait when that year comes.
york780
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March 15, 2017, 08:48:47 PM
 #635

I think that we are now at a breaking point. If we break trough 1220 EUR then we continue the bullish pattern. But if we go down from here it will result in movement at the lower area's. It looks like we cant break trough, so my bet is on downward movement. Also with the altcoin pump, low volume and BU news it is likely that bitcoin will move down. Lots of newbies are gambling on altcoins like Dash right now because of the altcoin price bubble.
Yamato Tatsuki
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March 15, 2017, 08:59:28 PM
 #636

You know my friend, if most of us will hold, good things might happen
Also, if you don't yet need cash at the moment, better hold your coins... bitcoins price always goes up.

cheers my friend.
york780
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March 15, 2017, 09:03:41 PM
 #637

Even rockets needs to return to the ground sometimes. Just saying, time to refuel.
BitHodler
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March 15, 2017, 10:51:06 PM
 #638

I have seen some day traders claiming to use 15 minutes charts so it is even worst than what you think, if we see bitcoin price from a long time perspective we will see bitcoin has only done one thing to go up, there are some ups and downs but the general direction is up.
It has nothing to do with day traders as they are the type of people that are very well aware of what length of charts matter. You have probably also seen day traders claim that they work with 1 minute charts? No?

People that I was talking about are dreamers in form of rookies. They have no sense of what's happening and how to form a solid and truthful opinion based on a longer chart length. That's what's important.

There is no way you can state that the price is decreasing and advice people to sell, while if you enlarge the chart to 24 hours, it in fact is still increasing. That's the main point I am referring to.

BSV is not the real Bcash. Bcash is the real Bcash.
batang_bitcoin
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March 15, 2017, 11:39:20 PM
 #639

Have you seen 2014 and 2015 ? 2 years down. 2016 and 2017 up. So what you say is incorrect and so false. Everyone can read charts.

So you mean to say that the upcoming years will be a down fall? I don't think so, the price of bitcoin seems to be stable as of now. And way back then, bitcoin is still on getting some attraction and upon seeing the charts. It is getting more attraction and it's possible that it can drop for a while but not that too low, if that happens then it will simply come back again higher.


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axorb
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March 16, 2017, 12:10:35 AM
 #640

Have you seen 2014 and 2015 ? 2 years down. 2016 and 2017 up. So what you say is incorrect and so false. Everyone can read charts.

So you mean to say that the upcoming years will be a down fall? I don't think so, the price of bitcoin seems to be stable as of now. And way back then, bitcoin is still on getting some attraction and upon seeing the charts. It is getting more attraction and it's possible that it can drop for a while but not that too low, if that happens then it will simply come back again higher.

The fact is price was low in the past because bitcoin was not too popular at that time and there were less adopters of bitcoins but now things are changing bitcoin is more popular now and everyday more and more people are knowing about bitcoins and adoption level is also going higher and it will keep on increasing in coming years too so if the adoption goes higher then it will directly contribute to higher price of bitcoins.
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