Take profits now!

[peter0425]

You are still guys talking about ETF issue even its already done and i think last month the result already. done
For now the bad news is bitfinex deposit and withdrawal are block.. that i think many people are thinking that the price can be crash soon due to bitfinex issue.. if this will not resolve expect the price can be crash soon..
So before its happen op is just letting us know before the price crash and get the profit..

I don't believed in will crash soon because of the bitfinex issue. Did you see how much total volume is bitfinex trading? Its around 7%-8% only. How can you say that it will impact the price of market price of bitcoin to suddenly crash? Already investors has withdraw funds in the bitfinex account and most probably move to kraken or poloniex which covers almost half of the daily trading volumes.

[1715455315]

1715455315

[Nagadota]

why are we even talking about ETF on this topic of all topics!
the biggest one which was mostly hyped and it belonged to the Winklevos brothers was rejected and it kind of ended then and there. ETFs are not really going to do anything to bitcoin, let us just hodl our decentralized cryptocurrency in peace and without interruption of third parties looking to make money.

The only reason Bitcoin has a high price at all is because of interruption from third parties looking to make money.  All of the whales are wealthy (or becoming wealthy) individuals who came in to pump and dump, or just pump, or just hodl or whatever to the Bitcoin price, and they have the most effect of all.

The ETF would just be a means for more of those interrupting third parties to get involved.  If it had any chance of actually happening I'd be all for it, but it doesn't.

[serjent05]

why are we even talking about ETF on this topic of all topics!
the biggest one which was mostly hyped and it belonged to the Winklevos brothers was rejected and it kind of ended then and there. ETFs are not really going to do anything to bitcoin, let us just hodl our decentralized cryptocurrency in peace and without interruption of third parties looking to make money.

Yeah i think the ETF effect is completely gone now.  It is now the political drama between Core and BU plus the asicboost.  Though I believe it will be resolve, and for now let us just hold our Bitcoin tight, do not sell unless you need money badly,  Price will increase, Bitcoin is destined to that, I said so because I am looking at the adoption rate.

[CyberKuro]

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

The highest peak I've seen in last few hours was $1281 on preev, pretty good. But on some biggest exchanges, it was quite different and Okcoin shown $1267, more than any other. My thoughts still the same, we won't break $1300 wall without block size upgrade at least we need 2Mb. Because at $1250++ level, people will start to cash out before it drop back again. So, we are on competition who takes the profits right now or hold for another chance.

[aardvark15]

It might not be a bad time to sell since the price has crossed $1300, but I've sold all I want to sell right now. I wouldn't be surprised if we see a price correction, but it's hard to tell.

[JimboToronto]

It might not be a bad time to sell since the price has crossed $1300

Crossed $1300? Where? At what real, functioning exchange?

Surely you're not basing that on Finex which, as everyone knows, has serious fiat transfer issues with its Taiwanese banks and is meaningless at the moment.

You may as well say the price is stuck below $1100, based on the Chinese exchanges.

In the real world, the price is $1240 at Bitcoinaverage, $1237 at Stamp, $1239 at BTCe, etc.

Finex doesn't matter.

[aso118]

It might not be a bad time to sell since the price has crossed $1300

Crossed $1300? Where? At what real, functioning exchange?
Surely you're not basing that on Finex which, as everyone knows, has serious fiat transfer issues with its Taiwanese banks and is meaningless at the moment.
You may as well say the price is stuck below $1100, based on the Chinese exchanges.
In the real world, the price is $1240 at Bitcoinaverage, $1237 at Stamp, $1239 at BTCe, etc.
Finex doesn't matter.

Yup, if you do sell your coins at Bitfinex, there is no way to withdraw your funds. You might as well get Bitfinex "tokens".
The (weighted average) price of Bitcoin is ~$1230, which is strill extremely good. If you want to sell, go to any other exchange and withdraw your fiat as soon as possible.

[Herbert2020]

topics like these are a lesson, a lesson in speculation that people around these parts are full of it.
the day you place your trust on what you read online and by a random user who goes offline after throwing a "speculation" or better call it a shot in the dark and then others join in and make guesses of -30% drops, that day is the day you start losing money.

[bettercrypto]

topics like these are a lesson, a lesson in speculation that people around these parts are full of it.
the day you place your trust on what you read online and by a random user who goes offline after throwing a "speculation" or better call it a shot in the dark and then others join in and make guesses of -30% drops, that day is the day you start losing money.

Come again?  Well speculation is normal in market trading unless you are talking about gambling  .  Well no one is telling someone to trust the prediction/speculations here, it is always advised  to do our own research.


I do think that price will continue to increase, one hot topic is the adoption of japan, and the other one is the smart contract, since the political drama effect is somehow wearing off, the hype is now taking place.  So I guess it is worth a try to wait until June (Bitcoin smart contract)  probably we can see more than 1300 USD by that time.

[senyorito123]

If you are holding for such long periods of time and now your goal definitely reached to top and exactly you can take profits for now. You can use that profit to invest for next rounds of bitcoin price movements in the market, but you must be clever enough to observe the flow of the digital currency system of today's buy and sell demand. Even you are not a good trader as long as you have higher and bigger holdings and you can sell while the price is still good, then the profit is your's to harvest in this better future that has now happening to you.

[tn211]

For me selling is out of the question. I got a long term plan for all my crypto investments. Which involves not selling before the next halving. From there 2020 I may start selling some alt's or bitcoin or not. Bitcoin has a bright future, selling now is undercutting yourself.

[TribalBob]

For me selling is out of the question. I got a long term plan for all my crypto investments. Which involves not selling before the next halving. From there 2020 I may start selling some alt's or bitcoin or not. Bitcoin has a bright future, selling now is undercutting yourself.

Its a great plan to hold it till the next halving but not all have that high patience to hold it for that long time as most of the users will start selling their coins when it reaches to $1500 and those who wants higher profits will wait till it reaches to $2k.

[timerland]

You are still guys talking about ETF issue even its already done and i think last month the result already. done
For now the bad news is bitfinex deposit and withdrawal are block.. that i think many people are thinking that the price can be crash soon due to bitfinex issue.. if this will not resolve expect the price can be crash soon..
So before its happen op is just letting us know before the price crash and get the profit..

I don't believed in will crash soon because of the bitfinex issue. Did you see how much total volume is bitfinex trading? Its around 7%-8% only. How can you say that it will impact the price of market price of bitcoin to suddenly crash? Already investors has withdraw funds in the bitfinex account and most probably move to kraken or poloniex which covers almost half of the daily trading volumes.

I was waiting for someone to say exactly the same thing, bitfinex basically did not have any influence on the BTC price.
Not only because it has only small volume, but also because incidents like that are occuring usually nowadays, we can see that goverments do not accept the bitcoin, so many exchanges have some issues with banks freezing their accounts with customers money.

It was kind of easy to predict that bitfinex wont change the price at all, bitcoin is already too strong to care so much about 7% of the volume!
There was only the panic on this exchange, but nobody has panicked outside the bitfinex I guess, cuz that was not even worth to worry about.

[JimboToronto]

those who wants higher profits will wait till it reaches to $2k.

Those who want higher profits will continue to hold.

How would you rather keep your profits, in fiat or Bitcoin?

[Noctis Connor]

take your profits now i already got mine because today bitcoin dump again and it was not satisfiying that bitcoin price is decreasing again but i would be happy if it goes around $800 because bitcoin should not get $2000 price range it will make bitcoin soon gone even there's alot of users bitcoin will be imbalance so much if it reach more higher price . it's like its the highest currency if you make bitcoin as a fiat and not a crypto

[dothebeats]

Already sold a few at $1175 and $1200. Right now, I'm not that worried as to where this market goes and judging from the graphs, we are in a (quite) good sideways trend. Sometimes, I hope that we can try to dip a bit so I can at least grab some coins and hold again for the next months or so, but the support at sub-$1200 is strong to let any downward spiral pass.

[Vaskiy]

Already sold a few at $1175 and $1200. Right now, I'm not that worried as to where this market goes and judging from the graphs, we are in a (quite) good sideways trend. Sometimes, I hope that we can try to dip a bit so I can at least grab some coins and hold again for the next months or so, but the support at sub-$1200 is strong to let any downward spiral pass.

Yeah, the support bitcoin getting in terms of technology aspects, growth and acceptance is good enough to give all of us a better price that doesn't​ fall. As stated $1200 seems something good for us to profit considering the price of the bitcoin during the past year same time.

[BitcoinPC]

Now, i will not sell my bitcoins, even i have a good profit right now, if i sell my bitcoins now at this price $1236. But i will wait for a time, when bitcoin cross $1300 and will be reach at $1500. Because i want to see bitcoin at $1500. For me, it is huge price of bitcoin and i will wait for it.   

[pooya87]

Now, i will not sell my bitcoins, even i have a good profit right now, if i sell my bitcoins now at this price $1236. But i will wait for a time, when bitcoin cross $1300 and will be reach at $1500. Because i want to see bitcoin at $1500. For me, it is huge price of bitcoin and i will wait for it.   

it is funny because i remember people saying the same thing last year. they said "i will sell my bitcoins at $1000 because that is a huge profit and price can not last there, it will fall, blah blah." now we have the same situation, price has been staying above $1100 for the best part of last couple of months and that last year's $1000 target for people has also moved up! and it will move up when we reach $1500 and then $2000 and so on!

[traderethereum]

Now, i will not sell my bitcoins, even i have a good profit right now, if i sell my bitcoins now at this price $1236. But i will wait for a time, when bitcoin cross $1300 and will be reach at $1500. Because i want to see bitcoin at $1500. For me, it is huge price of bitcoin and i will wait for it.   

same to me, i will wait until the price is higher at least the price is increase at $1500 then i will considered to sell but for now, it will be good for me to do trading btc-altcoin to grow my btc. soon we will see bitcoin at $1500 and i think its not too long to see this is happen and i think new wave will come in shortly.