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Author Topic: Take profits now!  (Read 3602 times)
DustyRah
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April 13, 2017, 11:15:58 PM
 #1

The momentum is dying out, its time for a profit taking if anyone wants to make 10-20% and buy back.

http://bitcoincharts.com/charts/btceUSD#rg180ztgSzbgBza1gWMAzm1g10za2gWMAzm2g25zxzi1gCCIzi2gMACDzv

The way things are going, there is more money in dumping/buying back than just HODLing.
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April 13, 2017, 11:21:40 PM
 #2

The momentum is dying out, its time for a profit taking if anyone wants to make 10-20% and buy back.

http://bitcoincharts.com/charts/btceUSD#rg180ztgSzbgBza1gWMAzm1g10za2gWMAzm2g25zxzi1gCCIzi2gMACDzv

The way things are going, there is more money in dumping/buying back than just HODLing.

I've sold some coin at the top already so I'm not that concerned right now. Worst situation for me is that bitcoin crashes to sub one thousand dollars and I lose some of the profits I made from buying at 700, that's all.

But it does seem like that the moon island is changing right now it is starting to move sideways instead of going up every day it is interesting that we have never broken $1,300 and stayed above that level it's interesting to see when that would happen actually.

If it does drop below 1000 and I'll be the first person to buy in lol

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April 13, 2017, 11:52:47 PM
 #3

If it does drop below 1000 and I'll be the first person to buy in lol

This is why altcoins decline more than BTC does when BTC declines.

Any altcoin that remained high would be sold to buy some cheap BTC. Since BTC can absorb more flows than altcoins can, the altcoins decline more on a percentage than Bitcoin. When BTC is rising, the inverse effect occurs.

So selling altcoins that had significant rises might be wise right about now while they are still near their peaks.
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April 14, 2017, 12:55:20 AM
 #4

The momentum is dying out, its time for a profit taking if anyone wants to make 10-20% and buy back.

http://bitcoincharts.com/charts/btceUSD#rg180ztgSzbgBza1gWMAzm1g10za2gWMAzm2g25zxzi1gCCIzi2gMACDzv

The way things are going, there is more money in dumping/buying back than just HODLing.
For now I have taken profit yesterday when it still was 1200$+ price and right now according to preev the price is 1,183$ and I also think that it is currently on a downward movement even if it is going up and down a little. For now I will just watch the price movements that will happen and if it falls below 1000$, I might consider rebuying some bitcoin again for me to gain profit let's just hope we will see it above 1200$ again after the dump.


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lolikop
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April 14, 2017, 01:36:02 AM
 #5

If it does drop below 1000 and I'll be the first person to buy in lol

This is why altcoins decline more than BTC does when BTC declines.

Any altcoin that remained high would be sold to buy some cheap BTC. Since BTC can absorb more flows than altcoins can, the altcoins decline more on a percentage than Bitcoin. When BTC is rising, the inverse effect occurs.

So selling altcoins that had significant rises might be wise right about now while they are still near their peaks.

Ur wrong there are altcoins with real use case, some will just keep adding value

| ▏▏▎▎▍▍▋▋▊▋▊▊▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▊▊▋▋▍▍▎▎▏▏|100.000$| ▏▏▎▎▍▍▋▋▊▋▊▊▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▉▊▊▋▋▍▍▎▎▏▏|
Leonard2016
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April 14, 2017, 03:14:57 AM
 #6

The momentum is dying out, its time for a profit taking if anyone wants to make 10-20% and buy back.

http://bitcoincharts.com/charts/btceUSD#rg180ztgSzbgBza1gWMAzm1g10za2gWMAzm2g25zxzi1gCCIzi2gMACDzv

The way things are going, there is more money in dumping/buying back than just HODLing.

your post is absolutely useless here. because people are either traders which means they already know what to do and don't need a topic on bitcointalk to tell them what to do with their bitcoin and positions to sell and buy and when to do it.

or other people who aren't traders, which means they shouldn't even be reading a random post on bitcointalk to make decisions about buying or selling even if it turns out to be true. because if you are not a traders (don't have experience) selling and trying to buy back will end up in a disaster for you.

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April 14, 2017, 03:22:07 AM
 #7

If it does drop below 1000 and I'll be the first person to buy in lol

This is why altcoins decline more than BTC does when BTC declines.

Any altcoin that remained high would be sold to buy some cheap BTC. Since BTC can absorb more flows than altcoins can, the altcoins decline more on a percentage than Bitcoin. When BTC is rising, the inverse effect occurs.

So selling altcoins that had significant rises might be wise right about now while they are still near their peaks.

Wwwaaayyyy ahead of you. Sold a few days ago. I made really decent profits. I'm happy with that and will be taking lower risks from now on now that I finally came out in top.


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April 14, 2017, 03:25:31 AM
 #8

Gosh... Im really glad to aim longterm instead of going day by day up n down panic...

Best way is to just buy....hold....buy...hold... And wait until Bitcoin can not be mined anymore... Anyway, different strqtegy I guess.

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April 14, 2017, 04:08:43 AM
 #9

Gosh... Im really glad to aim longterm instead of going day by day up n down panic...

Best way is to just buy....hold....buy...hold... And wait until Bitcoin can not be mined anymore... Anyway, different strqtegy I guess.
It looks to be a best way to profit. Long term holding is expected to profit big than just making a buy and selling within days just on panic. Need to understand perfectly all about the goodness it has as well the price fluctuations is the one that is found with bitcoin. At any instance we cannot see bitcoin price without fluctuations, same as we have human beings have blood.

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April 14, 2017, 05:24:33 AM
 #10

not really!
you can't tell anything at this point. this topic should have said take profit yesterday before the F2pool trolling tweet. and when price was above $1220.
now that price has come down it is too late to sell to take profit. it may go down but the chances aren't good enough to warrant a sell at this point.

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April 14, 2017, 07:41:06 AM
 #11

not yet. I'm gonna wait till bitcoin price reach 1300$ its almost there why should i cash it out now . ive been doing this for too long and i could say ihave always a regrets after cashing out. like the first time that bitcoin price reach $900 not in a minute i cash out my bitcoin after that day the bitcoin price reach $1000 what a waste. i really regret that time because its like i just gave the $100 to a nothing .

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April 14, 2017, 07:44:45 AM
 #12

another we are going nowhere but down topic Huh

they are around since  the $200 and the price keeps increasing
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April 14, 2017, 08:01:41 AM
 #13

another we are going nowhere but down topic Huh

they are around since  the $200 and the price keeps increasing

If you read through some very old threads, people were having the exact same bit of speculation discussions when the price was sitting below the $10 level.

Some funny statements back in the days;

# Sell now before you end up being a bag holder!
# Deadcat bounce!
# Don't catch a falling knife!
# $10 is the ultimate high, after that the price will drop back to $5 and continue to go lower, sell now!

And there are more, but you get an idea now. Grin

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April 14, 2017, 08:07:05 AM
 #14

another we are going nowhere but down topic Huh

they are around since  the $200 and the price keeps increasing

If you read through some very old threads, people were having the exact same bit of speculation discussions when the price was sitting below the $10 level.

Some funny statements back in the days;

# Sell now before you end up being a bag holder!
# Deadcat bounce!
# Don't catch a falling knife!
# $10 is the ultimate high, after that the price will drop back to $5 and continue to go lower, sell now!

And there are more, but you get an idea now. Grin

Hahaha, true

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April 14, 2017, 08:31:01 AM
 #15

another we are going nowhere but down topic Huh

they are around since  the $200 and the price keeps increasing

To be fair this is not what OP is talking about.
His statement is that in short term people, mostly traders, could make some profits.Simply put, sell high and buy back lower, bla bla bla.
That doesn't mean he is talking about a general decline of the price.

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April 14, 2017, 10:20:50 AM
 #16

No why would you even want to sell your bitcoins now after japan adopted it and now many more people are been introduced to bitcoin. Plus we don't see any huge dump or pump in the coin lately. Reconsider your decision.

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April 14, 2017, 01:14:44 PM
 #17

The momentum is dying out, its time for a profit taking if anyone wants to make 10-20% and buy back.

http://bitcoincharts.com/charts/btceUSD#rg180ztgSzbgBza1gWMAzm1g10za2gWMAzm2g25zxzi1gCCIzi2gMACDzv

The way things are going, there is more money in dumping/buying back than just HODLing.

your post is absolutely useless here. because people are either traders which means they already know what to do and don't need a topic on bitcointalk to tell them what to do with their bitcoin and positions to sell and buy and when to do it.

or other people who aren't traders, which means they shouldn't even be reading a random post on bitcointalk to make decisions about buying or selling even if it turns out to be true. because if you are not a traders (don't have experience) selling and trying to buy back will end up in a disaster for you.
Posts like this still will be done, which is nothing special, because we are in the speculation section, so what do you expect?
That is about speculation, that we just discussing here about different behaviour of price, depends on the analysis, so what's the point?
I like to see different people sharing insights about the current market situations, because it always helps me, and im able to look slightly in the other direction.

So don't be mad about his personal view on the bitcoin price, because everybody thinks in his own way, and all he does is just sharing his perspective.

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April 14, 2017, 01:17:58 PM
 #18

It is just a Slight movement and I am not nervous about it, because it is very natural for bitcoin to move unpredictably there is no need to dumping anything while a lot of people here are expecting bitcoin to move upward, I think you should need to calm down and relax for a bit, think twice before doing it you might regret it when you done something like that!



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HAS BEEN RELEASED!


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Rainbot
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April 14, 2017, 01:28:14 PM
 #19

Gosh... Im really glad to aim longterm instead of going day by day up n down panic...

Best way is to just buy....hold....buy...hold... And wait until Bitcoin can not be mined anymore... Anyway, different strqtegy I guess.

well that's seems to be a nice long term goal when btc price really gain to high and you will leave happily because of your investments,
while day traders really fighting for every movements btc value went thru its a nice job if you really understand and you have a good
judgement.

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April 14, 2017, 02:38:14 PM
 #20

Vinny says we go to $850. DUMP IT!


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