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Author Topic: Sell or wait?  (Read 58346 times)
JimboToronto
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June 13, 2017, 08:43:39 PM
 #1181

Selling is crazy unless you have no choice.

If you reinvest your profits in Bitcoin you are compounding, just like smart money does with interest.

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June 13, 2017, 08:51:55 PM
 #1182

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.

i think i will hold for a while from now on because i don't see there is any good news or any good movement from people in the market but i don't know what will happen with tomorrow. sometimes, we make decision to hold our bitcoin for this day but in the next one hour, the price is increase or decrease and this will make us panic and i think i don't want to get in panic situations, so i will watching what is going on in the market.
I guess I will hold for a long time because I think that the price of bitcoin will increase in the near future and it will help me to gain much money instantly. Some people wait longer time but then when the right time has come they sell it in the high price. Lastly, it’s better to wait to get much profit.
yeah you are right that  holding your bitcoin  for long time is good job because in future the price will increase to much more and  you are the owner of  large amount of money  because I hope after one or two years many countries will adopt bitcoin and also many companies choose bitcoin as a payment so now hold your bitcoin for long time is good way and you get more profit.
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June 13, 2017, 08:59:03 PM
 #1183

Selling is crazy unless you have no choice.

If you reinvest your profits in Bitcoin you are compounding, just like smart money does with interest.


Agreed, history has shown that waiting yields consistent results while selling risks u missing out on the impending rises.
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June 13, 2017, 09:06:24 PM
 #1184

and what about buying
now or wait a couple of weeks ?

Buying is a good move today with -$300 you already have the advantage of making profit after a week or two. This is a usual way of charting bitcoins price, rise>dump>rise. Better to buy now and don't wait for some weeks before buying as that will be the time that bitcoin will step up again and can even break wall.

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June 13, 2017, 09:27:43 PM
 #1185


I will hold it temporarily and invest it until the price is high and stable then I will sell it
It is very good that you hold your bitcoin temporarily well in this way you can not get a big profit but it is such a way that you can make some profit not a big but some, if you want to get a big profit you need to invest your money in bitcoin for long term it will give very much profit.
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June 13, 2017, 09:31:37 PM
 #1186

I already sold all my  coins due to current downtrend or whatever you call...

It's called an uptrend. A mere 7 hour correction is not a "downtrend". It was rising before and it's continuing to rise after.

When the price drops, it's time to buy, not sell. If you absolutely must sell, do it when the price is rising.

Enjoy losing not earning money.  Roll Eyes
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June 14, 2017, 12:56:57 AM
 #1187

I already sold all my  coins due to current downtrend or whatever you call...

It's called an uptrend. A mere 7 hour correction is not a "downtrend". It was rising before and it's continuing to rise after.

When the price drops, it's time to buy, not sell. If you absolutely must sell, do it when the price is rising.

Enjoy losing not earning money.  Roll Eyes
Well, that's a funny way of using the strikethrough, I like it lol. And you are right, who would even pick to sell in a lower value, of course, you would want a higher price for your bitcoins, and I don't know if it's going to be still the number 1 cryptocurrency that exists.

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June 14, 2017, 01:04:23 AM
 #1188

I prefer to wait. because the movement of bitcoin is still predicted to rise again. we just stricken by panic sell.
I think it would be better for the development of bitcoin prices in the future.
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June 14, 2017, 01:28:19 AM
 #1189

bitcoin price not going down first time its violate many times so in my view better holding because this can rise again so if you hold this could be good profit for you its nature of bitcoins in last few years its gone down and then rise again now decision is in your hand
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June 14, 2017, 02:57:39 AM
 #1190

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.
   
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June 14, 2017, 04:21:51 AM
 #1191

If you hold and you don't panic you are making a great decision, just be confident with your decision and let them dump theirs.
Let's remember that when we are investing in a long term period we need to have a good amount of patience to survive, in the end this is just
for our own good and once you sell and see the price pumping, you will clearly regret you decision.

This investment is for the risk taker and you must be willing to lose what you invested, doesn't matter where you sell as long as you do it for profit.
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June 14, 2017, 07:09:14 PM
 #1192

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.
   
yes you are right that you need to keep an eye on the price of bitcoin that if the price is going to higher then you need to hold it for some time but if you see the price is going to decline then you need to sell the bitcoin immediately because when the price come down then you will not have any profit in your hand and also the good way is that you need to keep a targeted price of bitcoin for yourself and at that price you need to sell them.
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June 20, 2017, 03:40:56 AM
 #1193

It recently crashed in price and Bitcoin is holding strong on its current rate range.  I would recommend to hold.  There is a possibility that bitcoin next movement is uptrend. Or if you know how to do hedging do it until you reach your desired price.
Yeah I also suggest to wait until you get the price what you want in bitcoin but if you think that it may didn't happen I think it is better to withdraw it now. It is also very important that you know how to handle your bitcoin and you know how to become patient when it comes in increasing the value of bitcoin.

I also join your opinion. It seems to me that the price of bitcoin will go up. But not so fast as a week ago. We will see a smooth rise in prices for several months

I agree the fast pump is over and now we will see slow but steady gains over the next few weeks/months.
Well, that's the wait, but it's not easy to wait for a long time to see or feel the pump. But it's better to hold in for a long time, rather than rush to sell the bitcoin or coins they have.
It is very difficult to determine in such conditions when the price for Bitcoin went to it such a good growth and even let it Stop and slightly decrease, but in comparison with the beginning of the year this period turned out to be very profitable and therefore to sell or save, it seems to me that it is the Individual case.
I think it is really better to wait, estimated for 2 years I think bitcoin will grow and I think will also have a steady value in more than 10 years from now. This is just my opinion, so better to wait than to sell it early.
As the price increase has been found good and moving forward in a better way it's the right time to hold rather than selling it for a profit. In the years to fall can expect more users coming into bitcoin and help with the continued increase in the price.

Already in July Australia will arrive at bitcoin, which will undoubtedly positively affect its price. And this is only the near future. Every year, the number of users will grow, which means that the price will also grow. Therefore, I would not yet have sold coins
Maybe if we can have bitcoin I think it is really better to wait for the bitcoin to increases its value so you can earn without doing anything. Some other people who doesn't know bitcoin will probably want to learn about it because nowadays bitcoin is really in demand.
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June 20, 2017, 04:32:44 AM
 #1194

I just wait the right time before I sell it, because I looking forward that in the future value of bitcoin were continues raising up. However, I was not sure how long bitcoin price remain in to high amount.
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June 20, 2017, 07:06:27 AM
 #1195

This time the wait is the best way for me. See, there is a very high bitcoin price increase but sometimes there is a rapid decline. The bitcoin market is currently unstable, although it may change between $ 100 and $ 200. But this is a pretty high price and I do not want to take the risk right now.
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June 20, 2017, 07:10:19 AM
 #1196

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 want to sell your bitcoin I suggest to sell as necessary just do not overdo it, because until now the bitcoin price is not how high it should be done now is the supply and supply supply until many
I suggest to wait for $ 3000 before selling the bitcoin you have. Well, seeing the current bitcoin price increase, I think the $ 3000 price will be in the near future, so maybe for now, hold it better than sell it.
I think we better sell now partly.
Because bitcoin prices are very difficult for us to predict.
Do not expect more if we can enjoy some.

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June 20, 2017, 07:16:08 AM
 #1197

I just wait the right time before I sell it, because I looking forward that in the future value of bitcoin were continues raising up. However, I was not sure how long bitcoin price remain in to high amount.

Being patient will give you the best profit that you can. It's why I regret when I was able to sell below than $1k because I listened to those people that made me panic when I was able to see the price of bitcoin becoming low. But I was wrong with it, so I learned on it that's why I will wait for the right and higher price.



 

 

 

 

 

 


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June 20, 2017, 07:30:24 AM
 #1198

I just wait the right time before I sell it, because I looking forward that in the future value of bitcoin were continues raising up. However, I was not sure how long bitcoin price remain in to high amount.
That's a good choose, you choose to wait than you sell it now even though the price rise but you are not panic to sell it maybe you have same like me believe it if in the future bitcoin price would be higher than the current price.

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June 20, 2017, 07:37:19 AM
 #1199

This time the wait is the best way for me. See, there is a very high bitcoin price increase but sometimes there is a rapid decline. The bitcoin market is currently unstable, although it may change between $ 100 and $ 200. But this is a pretty high price and I do not want to take the risk right now.

It is true that this unstability is profitable but like you said it is risky.
You might make a bad move with it or pick the wrong direction.
It will better to just wait for now and see if it could rise more just like before. Then it could be a good time to sell.
I cant see a good prediction now. It seems like everyone is having a hard time to see where it could probably go.

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June 20, 2017, 08:12:56 AM
 #1200

I just wait the right time before I sell it, because I looking forward that in the future value of bitcoin were continues raising up. However, I was not sure how long bitcoin price remain in to high amount.
That's a good choose, you choose to wait than you sell it now even though the price rise but you are not panic to sell it maybe you have same like me believe it if in the future bitcoin price would be higher than the current price.

Many people are ready to wait. There are many news that give us hope that the price of bitcoin will soon be much higher. I'm ready to save now, to buy a few more coins for the future


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