What to do?

[shamzblueworld]

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?

[jaceefrost]

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 personally regret not biying before it broke the ATH price. Now I think I'll just be holding the coins and expect for the priceto keep on rising. I'll buy more by weekend if by any chance it will drop a bit.

[ASHLIUSZ]

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?

This is a common dilemma that most bitcoin users have right now. For this it's good to go up with one's own decision because nothing is cent percent as predicted. Else if someone make decision on someone's suggestions and if things go wrong it makes the user feel bad. Whether sell or hold, read the entire market scenario and decide.

[rajasumi3]

I think that bitcoin s price will go more higher and if u need to sell ur bitcoins urgently then sell it but otherwise it is not advisable .at when price drops a little , buy little amount and wait for the price hike to sell it out.

[Juggy777]

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?

This question has been on most of the Bitcoin users mind, to cash in cause it's at its peak or hold back for more, it's a tricky situation actually if I may quote Warren, buy when people sell and sell when people buy. It would imply now. Would the time to sell it off. But considering its Bitcoins I would suggest you to hold off, the ETF news is just round the corner and the global uncertainty will always make Bitcoin rise. I can say if you don't have the urgent need of money then don't redeem it. Cause the bull run shall hopefully always continue.

[Two4D]

I think it should be cash out and not cash in. Anyway, this is a good time, but it seems that the peak is not yet here. So I think it would be best to wait till a partial drop.

[bones261]

Buy on rumor; sell on news. News comes on March 11th on ETF ruling. Sell on 10th. Since the network has been pretty clogged lately, make sure to send to the exchange by the 8th and include very high fee. Also, you may want to go to VIABTC txaccelerator and put in your transaction ID until it accepts. Could take quite a few tries.

[sunsilk]

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?

No, you should wait for some more as the price is on the peak possibility of the price to keep on pumping is there so you better be patient.

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?

Of course those people that are rich enough has the only capacity to buy bitcoins at this price. I would say that be calm and wait for some more time.

[lite]

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 need urgent cash/want to buy something sell or just hold till bitcoin reaches your desired price and then sell.  it's your call!

[JanisPetke]

I'd personally just keep accumulating ever smaller clumps of bitcoin for the long term, but that's just me...
Don't really think we are anywhere near the full value potential of Bitcoin anytime soon.

[bones261]

I'd personally just keep accumulating ever smaller clumps of bitcoin for the long term, but that's just me...
Don't really think we are anywhere near the full value potential of Bitcoin anytime soon.

Have you checked out the unconfirmed transactions lately? It does not appear the problem of scalability is anywhere near close to being resolved. Segwit is far from the 95% support needed and Bitcoin Unlimited doesn't have the 51% needed to bully their way into acceptance.   I'd only recommend HODL if you are small fry like me, who owns less than 1 BTC ATM, and are only doing this for entertainment value. If this scalability problem isn't resolved. BTC has zero chance for mass adoption, even if the Winklevoss EFT gets approved and the IPO raises the hundreds of millions hoped for.

[doomistake]

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?

Just convert some of your bitcoins into fiat if you really needed fiat, but don't convert it if you don't need it at all. But you can, for you to have profit for a certain amount of bitcoin that you are going to convert since the price is higher than its last price, just don't convert it all, just some of it, because you could have a larger profit if you are going to convert it from time to time.

And just hold it while you are earning bitcoin through whatever you are doing to earn some, wait for the right time when you thought that it is the highest peak that it could ever reached, then convert it all in just one shot, because the next thing that would happen is bitcoins price will continuously fall down.

[Amph]

how do you know that this is not the right time to buy, nothing is telling us this is a peak? this has more chance to be the next bottom for what we know

remember when bitcoin was struggling at $500 and everyone was thinking that the price was very high already and some said that it was better to wait that the price was lower again? well it went even higher

there are no rule here, just buy always bitcoin is bound to increase in the future

[equator]

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?

This price is depended on the ETF news and if i am not wrong it will go up till march 11 when it will be declared to be included or not, if it got included in ETF then we cannot tell how high the price may go but if it got rejected then their will be dump but not high as next news will be on march 29 this is the news i got from one of this forum thread.

[passwordnow]

If you don't need cash for now better to let those coins of yours to keep on sleeping onto your wallet. I experienced this before and when the price is close to $800 I thought that it's already big amount so I decided to sell not knowing that the price will keep on rising and I regret that I did early selling. It's up to you man, but I don't want you to experience the same regret that I did.

[TastyChillySauce00]

It's all actually up to you. If you think it's the right time to sell and you just already feel that the current price giving you profit then it's enough. To be honest, the current rate change doesn't really give an effect to you if you're currently holding bitcoin lower than 0.1 (you're probably holding so much bitcoin that getting confused and make a question here) but yeah, sometimes people just want to feel the maximal profit and it's nothing wrong.
If the price just goes down after you've done selling your bitcoin, it's fine, also if the price goes high, you still have the profit you've gained.

[Velkro]

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?

You can never know if this is right or wrong moment, because price could jump due to accepted ETF or other reason from 1250$ to 2250$ for example. Then you would say i could buy at 1250$. It can go down to 800$ levels for example. Noone knows that. Noone can predict that, maybe if he had insider info.

[xskl0]

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?

When was at 700$ a lot of people thought that was obvious not the time to buy. Is ever a good moment to buy if you are not hurry to sell.

[ralle14]

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?

Don't sell and buy more when you can that's my plan. Buying bitcoin at this time is still a good choice imo as the price still continue to rise slowly by looking at the price chart. I'm also thinking of investing again in a casino bankroll like cg or safedice.

[asuryan180]

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