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Author Topic: Sell or wait?  (Read 58113 times)
lionheart78
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May 07, 2017, 11:58:51 PM
 #981

but i think it is still not the right time to sell bitcoin. to me i think the price of bitcoin will increase more and more and it is hopeful that its price is going to hit 2000 USD level in next few months and hopefully the price of bitcoin is going to cross 2500 USD level at the end of this year.

The right time will be decided by OP, if he needs the money badly then it is the right time to sell his stash.  If not, holding is the best option.  Buying BTC at this current price is not bad also, since we are all optimistic that price will go up in the following months.  But still as I said, OP have the decision to buy more.

 
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May 08, 2017, 04:44:25 AM
 #982

but i think it is still not the right time to sell bitcoin. to me i think the price of bitcoin will increase more and more and it is hopeful that its price is going to hit 2000 USD level in next few months and hopefully the price of bitcoin is going to cross 2500 USD level at the end of this year.

The right time will be decided by OP, if he needs the money badly then it is the right time to sell his stash.  If not, holding is the best option.  Buying BTC at this current price is not bad also, since we are all optimistic that price will go up in the following months.  But still as I said, OP have the decision to buy more.
Before you invest make sure you already have a plan on how your manage it, your personal needs is something that will distract your plan, other source should take care of it because you only put what you can afford to lose and that is intended for investment based on your projected term.
Well, as you said, when you are in badly need of money, this should be the last option and you can sell whatever the price will be.
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May 08, 2017, 09:22:02 AM
 #983

I've started selling some of the balance I have. Because I think selling at $1500 is very profitable for me. I am also optimistic that bitcoin will probably break through $2000. But on bitcoin, I'm looking for profits to add my bank account balance.
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May 08, 2017, 04:54:14 PM
 #984

I've started selling some of the balance I have. Because I think selling at $1500 is very profitable for me. I am also optimistic that bitcoin will probably break through $2000. But on bitcoin, I'm looking for profits to add my bank account balance.

Good strategy. I still leave about 0.3btc in the wallet exchanger, because I have sold bitcoin in my desktop wallet to altcoin eth. I leave in the exchanger that I plan also I will buy altcoin.
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May 08, 2017, 06:10:59 PM
 #985

I've started selling some of the balance I have. Because I think selling at $1500 is very profitable for me. I am also optimistic that bitcoin will probably break through $2000. But on bitcoin, I'm looking for profits to add my bank account balance.

The price of bitcoins is really good at a moment so if you have bought  your bitcoins at low price in the past then I think this is the best time to sell some of them and collect the profits and rest should be saved till the end of the year as it is predicted that price of bitcoin will hit $2k in the end of this year.

 
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May 08, 2017, 07:01:14 PM
 #986

I've started selling some of the balance I have. Because I think selling at $1500 is very profitable for me. I am also optimistic that bitcoin will probably break through $2000. But on bitcoin, I'm looking for profits to add my bank account balance.

The price of bitcoins is really good at a moment so if you have bought  your bitcoins at low price in the past then I think this is the best time to sell some of them and collect the profits and rest should be saved till the end of the year as it is predicted that price of bitcoin will hit $2k in the end of this year.

Right, but the problem for people is that as long as the ETF review hasn't lead to any official statements from the SEC, people risk selling too soon. No matter how low the chances of approval are, it's better to keep holding. Best is to strategically place a few sell orders just before the 15th of this month. If the price happens to tank, they will have to sell through your orders, and thus you won't lose out big time. If the price sinks deep enough, you could even decide to buy back -- that's my plan.
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May 08, 2017, 07:28:19 PM
 #987

I bought my bitcoins at low price so even if I sell them now I will be making good profits from it but my plan is to hold them for next couple of months and watch where price lands at the end of the year as I am looking to make higher profits so for me the best price to sell my bitcoin would be $2000 or above.
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May 08, 2017, 07:50:04 PM
 #988

I bought my bitcoins at low price so even if I sell them now I will be making good profits from it but my plan is to hold them for next couple of months and watch where price lands at the end of the year as I am looking to make higher profits so for me the best price to sell my bitcoin would be $2000 or above.
Good, still cheap so that I can buy them from you. 50k+ is the minimum selling price for me
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May 08, 2017, 08:07:05 PM
 #989

but i think it is still not the right time to sell bitcoin. to me i think the price of bitcoin will increase more and more and it is hopeful that its price is going to hit 2000 USD level in next few months and hopefully the price of bitcoin is going to cross 2500 USD level at the end of this year.

The right time will be decided by OP, if he needs the money badly then it is the right time to sell his stash.  If not, holding is the best option.  Buying BTC at this current price is not bad also, since we are all optimistic that price will go up in the following months.  But still as I said, OP have the decision to buy more.

We are hoping to see higher price of bitcoins in coming months so buying even now is affordable but there will be always a fear in mind of people that price can even fall back in coming days and that is the reason people will not choose to buy them at this stage as they will always have an fear of loosing their money.
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May 08, 2017, 08:45:18 PM
 #990

but i think it is still not the right time to sell bitcoin. to me i think the price of bitcoin will increase more and more and it is hopeful that its price is going to hit 2000 USD level in next few months and hopefully the price of bitcoin is going to cross 2500 USD level at the end of this year.

The right time will be decided by OP, if he needs the money badly then it is the right time to sell his stash.  If not, holding is the best option.  Buying BTC at this current price is not bad also, since we are all optimistic that price will go up in the following months.  But still as I said, OP have the decision to buy more.

We are hoping to see higher price of bitcoins in coming months so buying even now is affordable but there will be always a fear in mind of people that price can even fall back in coming days and that is the reason people will not choose to buy them at this stage as they will always have an fear of loosing their money.

Price was around $1500 few days back and now price is already above $1600 so a person who bought his coins at that price has made a profit of $100 in no time and price is expected to go higher in coming time too so even if you buy at this price still you have an opportunity to make some good profits in really quick time.

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May 09, 2017, 01:58:09 AM
 #991

I've started selling some of the balance I have. Because I think selling at $1500 is very profitable for me. I am also optimistic that bitcoin will probably break through $2000. But on bitcoin, I'm looking for profits to add my bank account balance.

The price of bitcoins is really good at a moment so if you have bought  your bitcoins at low price in the past then I think this is the best time to sell some of them and collect the profits and rest should be saved till the end of the year as it is predicted that price of bitcoin will hit $2k in the end of this year.

Right, but the problem for people is that as long as the ETF review hasn't lead to any official statements from the SEC, people risk selling too soon. No matter how low the chances of approval are, it's better to keep holding. Best is to strategically place a few sell orders just before the 15th of this month. If the price happens to tank, they will have to sell through your orders, and thus you won't lose out big time. If the price sinks deep enough, you could even decide to buy back -- that's my plan.

That's a smart move to make and I will buy some more of them only if I see price going down in coming days or else I will prefer to hold the coins that I have at a moment as the current price is not affordable for me to buy more bitcoins as I am really short off money at a moment.

 
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May 09, 2017, 06:56:39 AM
 #992

Maybe waiting will be a very stressful thing for you to do for now. It is likely that bitcoin prices could reach $ 2000 before October. Would be great if you sold it when bitcoin prices had reached that point. Although I'm sure very many people will be selling bitcoins.


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May 09, 2017, 07:27:35 AM
 #993

Maybe waiting will be a very stressful thing for you to do for now. It is likely that bitcoin prices could reach $ 2000 before October. Would be great if you sold it when bitcoin prices had reached that point. Although I'm sure very many people will be selling bitcoins.

Stressful? Perhaps that's the case with noobs, but I am sure that the current increase gives people enough joy and confidence to continue holding strong. Especially when you consider that the increased overall demand will not stop - it will further increase in the coming years. In that regard, it will be extremely dumb to sell more than 10% of your stash. People have been cashing out at $1000, $1100, $1200, $1300, $1400, $1500 in order to buy back lower, look where we stand right now - we're $10 away from reaching $1700 on Bitstamp. Smiley

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May 09, 2017, 11:25:16 AM
 #994

i gonna sell mine today  this pump gonna end soon  and gonna have a correction soon, hope my timing is good this time
last pump i miss it
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May 09, 2017, 11:40:32 AM
 #995

i gonna sell mine today  this pump gonna end soon  and gonna have a correction soon, hope my timing is good this time
last pump i miss it
Excuse me for such a question, but I want to ask why you are selling the mine because this is a fairly profitable business? If you look at the future of Bitcoin then your works and investments will pay off with interest.
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May 09, 2017, 12:12:17 PM
 #996

i gonna sell mine today  this pump gonna end soon  and gonna have a correction soon, hope my timing is good this time
last pump i miss it
Such an estimate is wrong. Now the price of bitcoin continues to rise very quickly. Some exchanges have even reached 1750USD. This is an increase and also predicted to increase in the next few months. By doing HODL we can open up opportunities to get bigger profits.
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May 09, 2017, 12:21:01 PM
 #997

Maybe waiting will be a very stressful thing for you to do for now. It is likely that bitcoin prices could reach $ 2000 before October. Would be great if you sold it when bitcoin prices had reached that point. Although I'm sure very many people will be selling bitcoins.
I don't think so. For me is both, holding your bitcoin is not bad because as we experience today bitcoin is still growing so it has a chance that your money will be doubled. Sell is also good because you can't assure the incresing amount of bitcoin maybe it is just for now so its better to sell it buy some altcoins that you think is going to pump.

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dasana212
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May 09, 2017, 03:31:53 PM
 #998

It turns out bitcoin continues to soar up to now. Hold is my choice, and fact is not mistaken. Great reward for person who hold bitcoin to date. Double profit from price increases also profit from trading with altcoin.
bestluck
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May 09, 2017, 09:04:45 PM
 #999

i gonna sell mine today  this pump gonna end soon  and gonna have a correction soon, hope my timing is good this time
last pump i miss it
You may sold your coins yesterday and look today the price increased to $1750 so you lost the other opportunity to earn a $150 in one day per bitcoin. I will tell to everyone that the price of bitcoin is now increasing and will not drop so wait a little more and do not lose the opportunity which came for us and making us wealthy.
carlo_0000
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May 09, 2017, 09:32:05 PM
 #1000

i sold 4 btc today still have 10 to sell , could only withdraw 4 from poloniex

so what still to early for the correction ? because when i check the graph with macd and rsi look really that we are on the top
i put buy order at 1212 (not sure if it will get lower)
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