You'll sell at the bottom

[Silberman]

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position.  After this dip stabilizes, we are going $2000.

We don't know if the price is going to get that high any time soon, but I agree with the rest if you bought at the high then it does not make sense to sell at the bottom, it is better to just hold.

[hase0278]

Well it might be possible that I will sell at the bottom someday, since bitcoin is very unpredictable. In my opinion there are a little chance that OP's prediction will happen. If we are going 2000$ then so be it but that wouldn't be the case a repeat of 2014 might happen again since the scenario it have that day is very similar to what it have now. So there's still the chance that if we buy now, there will be losses months from now but there's also the possibility of good profit.

[SvenBomvolen]

   This 813 $ at this moment can be the bottom of the drop. I`m holding my coins, and in conversation with some members here I think the holding is better then panic selling. Shortage is when you doing what OP suggested, and that is not going always like planed.
   I`m risking with holding, everybody is, but that is my choice and decision. After lot of thinking and reading about price, I`m relatively sure that price will go back to 1000 in first half of this year.

[Silberman]

  This 813 $ at this moment can be the bottom of the drop. I`m holding my coins, and in conversation with some members here I think the holding is better then panic selling. Shortage is when you doing what OP suggested, and that is not going always like planed.
   I`m risking with holding, everybody is, but that is my choice and decision. After lot of thinking and reading about price, I`m relatively sure that price will go back to 1000 in first half of this year.

There is not a reason to short bitcoin right now the price seems to be moving now in a tight band and so not much action is taking place since the price is relatively stable.

[BillyBobZorton]

  This 813 $ at this moment can be the bottom of the drop. I`m holding my coins, and in conversation with some members here I think the holding is better then panic selling. Shortage is when you doing what OP suggested, and that is not going always like planed.
   I`m risking with holding, everybody is, but that is my choice and decision. After lot of thinking and reading about price, I`m relatively sure that price will go back to 1000 in first half of this year.

Bottom of the drop was days ago when we were under 800 USD. Buying under 800 was a steal, I wish I had a lot of cash to buy millions of dollars worth of bitcoin at 700 USD. In the grand scheme of things, it was an insane discount. We may never ever see again 700. 1000 is soon going to become the big fat floor.

[BitFinnese]

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position.  After this dip stabilizes, we are going $2000.

i do not think people will get depressed if they bought at  $400  and sold it at $900.  Profit is always good especially it is huge.  I think those who sold at $1000  have bought back when the price hits $800 sub.  It would be great to reach $2000 but I think we are @ $1600  at the end of this year.

[SvenBomvolen]

  This 813 $ at this moment can be the bottom of the drop. I`m holding my coins, and in conversation with some members here I think the holding is better then panic selling. Shortage is when you doing what OP suggested, and that is not going always like planed.
   I`m risking with holding, everybody is, but that is my choice and decision. After lot of thinking and reading about price, I`m relatively sure that price will go back to 1000 in first half of this year.

Bottom of the drop was days ago when we were under 800 USD. Buying under 800 was a steal, I wish I had a lot of cash to buy millions of dollars worth of bitcoin at 700 USD. In the grand scheme of things, it was an insane discount. We may never ever see again 700. 1000 is soon going to become the big fat floor.

   You are more accurate then me, bottom was on under 800, and in just few days after my post and price is + 70$, looks like we are going back on 1000 $.  New floor on 1000 sounds good, and that will represent how strong bitcoin is.
   Every discount is good opportunity for buying and investing, sadly I didnt have money spending too.

[wildan88]

If I don't sell when at the top, it is better not to sell at the bottom. I know it will be back on the rise. just patient and patient
I am too greedy when waiting for the price of the bitcoin which I think will reach $2000, but it was not reached and the current prices back on the rise it's a good time for me to sell if I want to do that.
 

[Idrisu]

bitcoin price , in bottom price
or support price in level 750 dollar
so this now bitcoin price not in bottom price

but in weekly pivot, this now bitcoin price in level support 2 price, WS2 price

The unclean traders look at trading from sell at the bottom and buy at the top but experience traders look at it from different perspective. Bitcoin went from 828 to trade above 905 yesterday. What drives the market and because of buying momentum that is why you are seen price going up.

[randy8777]

If I don't sell when at the top, it is better not to sell at the bottom. I know it will be back on the rise. just patient and patient
I am too greedy when waiting for the price of the bitcoin which I think will reach $2000, but it was not reached and the current prices back on the rise it's a good time for me to sell if I want to do that.
 

point is that when you miss the opportunity of selling at the top, is that you are able to accept it. if you can accept that, then the likelihood of you making an irrational decision that will work against you, will turn out to be ultra low. but that of course doesn't go up for people that are new into bitcoin and trading. quite often these people find themselves in the losing position where they blame bitcoin for whatever they did wrong. same old story.

[mundang]

I will not sell any amount of my btc till july 2017.. i would be thinking to sell all my bitcoins in the month of august to september this year,cause those months will be the highest bitcoin price that can hit.

[cryp24x]

I will not sell any amount of my btc till july 2017.. i would be thinking to sell all my bitcoins in the month of august to september this year,cause those months will be the highest bitcoin price that can hit.

I would have wait till Dec to Jan. if I were you.  Those are the month where of the  year where price peak according to the records, Bitcoin more likely to peak at those months even form a bubble due to rapid increase in price.

[icecube45]

I will not sell any amount of my btc till july 2017.. i would be thinking to sell all my bitcoins in the month of august to september this year,cause those months will be the highest bitcoin price that can hit.

If you can be patient and sell at the right time (when the price rises) you'll definitely get a huge profits. I also have a plan just like you, I'd save a few bitcoin and sell at the end of the year or maybe when the price was at the top. But it is difficult because it will surely confront fluctuations, so if impatient will inevitably make mistakes.

[wildan88]

If I don't sell when at the top, it is better not to sell at the bottom. I know it will be back on the rise. just patient and patient
I am too greedy when waiting for the price of the bitcoin which I think will reach $2000, but it was not reached and the current prices back on the rise it's a good time for me to sell if I want to do that.
 

point is that when you miss the opportunity of selling at the top, is that you are able to accept it. if you can accept that, then the likelihood of you making an irrational decision that will work against you, will turn out to be ultra low. but that of course doesn't go up for people that are new into bitcoin and trading. quite often these people find themselves in the losing position where they blame bitcoin for whatever they did wrong. same old story.

Yes I could accept it because I don't do trade bitcoin. but I have a bitcoin from growth and I don't feel the loss when I don't sell at the top. but I have a little sense of remorse. because this will be happening for quite a long and I seem to have to be patient again to wait for price increases.

[rikky05]

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position.  After this dip stabilizes, we are going $2000.

What do you mean? ... Mmm there are only two kind of traders, daytraders who need to be in front of the prices all day and long time investors who only need to invest big, wait some months and see their coins multiply without doing anything.

[lottery248]

probably not. because new bitcoin panic buying wave is arriving from China if that region is being tagged as currency controller (kinda).

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position.  After this dip stabilizes, we are going $2000.

What do you mean? ... Mmm there are only two kind of traders, daytraders who need to be in front of the prices all day and long time investors who only need to invest big, wait some months and see their coins multiply without doing anything.

let's see if they do something epic.

[BitcoinPanther]

probably not. because new bitcoin panic buying wave is arriving from China if that region is being tagged as currency controller (kinda).

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position.  After this dip stabilizes, we are going $2000.

What do you mean? ... Mmm there are only two kind of traders, daytraders who need to be in front of the prices all day and long time investors who only need to invest big, wait some months and see their coins multiply without doing anything.

let's see if they do something epic.

Who?  If it is the long time holder, well I think they already did something epic, by holding Bitcoin until the time Bitcoin reach $1k+.  Remember those who hold Bitcoin after they bought it at less than $10?  I think history have the capability to repeat itself.  Just like the Bubble of 2013 and the price surge of 2016.  Though they have different base price when they burst.

[lottery248]

probably not. because new bitcoin panic buying wave is arriving from China if that region is being tagged as currency controller (kinda).

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position.  After this dip stabilizes, we are going $2000.

What do you mean? ... Mmm there are only two kind of traders, daytraders who need to be in front of the prices all day and long time investors who only need to invest big, wait some months and see their coins multiply without doing anything.

let's see if they do something epic.

Who?  If it is the long time holder, well I think they already did something epic, by holding Bitcoin until the time Bitcoin reach $1k+.  Remember those who hold Bitcoin after they bought it at less than $10?  I think history have the capability to repeat itself.  Just like the Bubble of 2013 and the price surge of 2016.  Though they have different base price when they burst.

if you wanna know who, i would think chinese people would do, because chinese government as i had told (if you know) had attempted to make overwhelmed selling of the CNY illegal at one point, and now forcing people to buy CNY, as well as constraining the capital flow to prevent their currency vault (similar name but i don't know) going empty.

[BitcoinPanther]

probably not. because new bitcoin panic buying wave is arriving from China if that region is being tagged as currency controller (kinda).

When you decide to sell, be it today or tomorrow or whenever, chances are you will sell at the bottom. This will cause you massive depression, way worse than not selling at the peak to rebuy cheaper.

Buy and hold, or risk selling at the bottom and losing your position.  After this dip stabilizes, we are going $2000.

What do you mean? ... Mmm there are only two kind of traders, daytraders who need to be in front of the prices all day and long time investors who only need to invest big, wait some months and see their coins multiply without doing anything.

let's see if they do something epic.

Who?  If it is the long time holder, well I think they already did something epic, by holding Bitcoin until the time Bitcoin reach $1k+.  Remember those who hold Bitcoin after they bought it at less than $10?  I think history have the capability to repeat itself.  Just like the Bubble of 2013 and the price surge of 2016.  Though they have different base price when they burst.

if you wanna know who, i would think chinese people would do, because chinese government as i had told (if you know) had attempted to make overwhelmed selling of the CNY illegal at one point, and now forcing people to buy CNY, as well as constraining the capital flow to prevent their currency vault (similar name but i don't know) going empty.

Yeah I agree Chinese government is known for its epic anti-bitcoin announcement that cause Bitcoin price to plummet down to sub $800, lucky the price recovers fast and is now fluctuating between $850 - $920 range.

[Juggy777]

Not always people sell when the price hits high and not always they buy when it's low. You can't advice people to hold it as this would be their individual decision, a decision that they have to make considering various factors like, do they need to cash in, should they wait longer for profits, it's really a big call and it's not easy to make such decisions, it's best left for them to decide.