What to do?

[Junko]

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

What to do? Sit back, relax and enjoy the ride. If you think "it is quite obvious that this is not the right time to buy bitcoin" then don't buy. Who says you have to do anything? If you don't want to buy at this price, just wait for it to dip until it hits a price you want to pay. If you need money that badly, get a second job. If you think the price will go higher, then buying and hodling is an option. It has always worked for me. If you want to grow your bitcoin hodlings through trading, then just trade a small percentage.

If you sell all or most and the price doesn't go down, but gets increasingly higher down the road, then in a few months or so from now you will be asking the same question, "What to do? Buy back in at a loss or what?"

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[ethbits]

Well some people say it could go to 100k

If you buy now make sure you have a stop loss -20 to -30 % in order to mitigate the risks.

March 11th peoples eyes will be peeled to either click Long or Short.

Alt coin holders wish it would go down and Bitcoin holders wish it would go up.

[xSkylarx]

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

In my opinion it is not the right time to cash in, but, if you really need fiat, then convert some of your bitcoins, not all of your bitcoins, because converting it all means you are willing to lose profits by converting it on the right time. I mean, it is better to hold your bitcoin and earn profits in the long run rather than earning profit in just one shot, because you could earn more when you are going to choose the long run than you could earn on converting your bitcoin in just one shot.

[btcdevil]

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

Is it upto you that what you want if you had bought on lower price and now you are getting double then you can atleast start selling in split like 10 or 20% of your total bitcoin bankroll, or else if you can wait for more long term then just dont see the price and do your other works in life.

[KennyR]

The truth is nobody can tell you what the right thing is,if you think it's good to buy,then buy,if not,then cash out,I personally think it's absoulutely possible for the price to go higher and it won't be a surprise-BTC is on a run right now and it keeps getting stronger

As stated bitcoin is getting stronger day by day, so personally I feel of holding the bitcoin that's been into the wallet. From the price $700 panic is prevailing among the users, whether the price increase continue or fall low. So the same has took the price close to $1300, which means somehow price increase takes place.

[Winner]

I would ride the wave, there isn't any legit reason why the price per Bitcoin is that high right now $1,278.05. There was a few dumps and it looks like there is a group of people playing in the market right now, they might be manipulating the price just so that they could cycle a few extra dollars.

It's up to you of course.

The most safest thing that you could do though is just try to hold onto your Bitcoin and forget about it for a little while and if the price per coin goes up then it's good for you -if it goes down then it isn't that much of an issue.

[ged00u]

the prices will drop again and it will occur very soon. Try to sell your Bitcoin or exchange it to another cryptocurrency when the prices reach $1300. Remember to increase the fee. I doubt that you can send your Bitcoin easily in this high times. Most of transactions are hold and can not be confirmed for at least 24 hours if the fee is not affordable

[mace15]

Many people regret by not buying bitcoin way back while the price is cheap. Even me I regret it that I did not save bitcojn when the price is lower 500$. And, now its really wow amazing price. So, if i were you can still buy bitcoin as this time. They said price will still pump or will higher. Its your choice tiu can hold still.

[Reid]

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

That is one my problem now too. What to do?
Kind of getting boring to just wait. Can't trade because just like you said it just keep on going up now.
Can't gamble for I might regret what I will lose then the price suddenly increase again.  
So for now I just read threads here for updates about what is happening.

[DomainMagnate]

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

Why you sat it is not right time to buy?I bought few a week ago and today I if I sell,I would have good profit.
Price going up daily so if you buy today, you may sell at high rate tomorrow.

[nyanhtet]

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

Bubble end soon! Cash out.

[Ocytrem]

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

Well it is an option to cash everything now. You would make some nice profit is you bought when it was cheaper.
I personally would wait a little longer to cash out because the price can still grow higher.

[talkbitcoin]

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?

as you can see price already reached $1270+ today and there is no indication of this trend stopping for the time being.
you can't be sure, but right now i would wait to sell and wait for a while to see where the top is and then sell there to buy back in case of a price drop or buy back in case of i miscalculated and price continued going up, since i wouldn't want to miss out on anything just because i sold!

It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

how is that obvious?!!

[xuan87]

Everyone will have a different opinion, you need to find the answer by yourself, if you are really need to spend the cash or you think the price is quite good for you then change it to fiat, if you think the price still can go up then save your coin, I personally recommended to keep your coin until you really need to spend it, I predict the price will keep on rising for the next few months

[Soul Reaper]

See if you need the money urgently then only covert it.
Yes I accept that  bitcoins cost has reached 1282 $ now.
I still insist you to keep it with you,
If you are not really in the need of money.
The cost of bitcoin has been increasing in this way only.
I believe that it may reach 2000$ by this year's end.
So be smart!
Other wise later you will regret that I could ha e waited a bit I you are not really in the need of money.
And if you need money then go for it , it is the right time.

[Creepings]

It is really crucial to have decisions like these and you have many thoughts coming up in your mind. I think you had the choice because you are the holder, even if the posts here are reasonably right, you still hold the choice.

[examplens]

In the case of the now sell bitcoin and price drop. Where you expect to go?
My opinion that is low price ~$950 to which will come

[paul gatt]

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

I think this is a good time to sell, it will be a period of great profit to those who have invested in Bitcoin. however, I think btc will rise further. let's wait for it, on the other hand, if we simultaneously sell btc, this will greatly affect its price, btc price will be reduced dramatically, this would be extremely dangerous , what we need is calm and accurately choose the right way, I hope we all succeed

[DoublerHunter]

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

If you have guts and you are a true risk taker then investing or doing cash ins now at the current price of 1250$ is a good idea because you can still make profit for the next few days since it is continue rising up. There still a best option if you want legit profits then that is long term hodling, it needs a lot of time but it is all worth it.

[bitbunnny]

My advice is not to sell unless you need cash or you have some extra coins that you have bought when Bitcoin was like 600$ so you can earn double.
But to my opinion the price will continue to rise for a while and no major crash is expected so keeping coins long term is good decision.