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Author Topic: Should I sell my BTC or buy more?  (Read 3584 times)
PokerFace3
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May 06, 2017, 06:42:34 PM
 #41

hodl is another option ..
But adding more must be a wise option if you ask me. When you are having chances to invest more, instead of investing into any other sector, buying more bitcoins would be the right option as per considering the future bitcoin prices. I believe bitcoin will be having rapid growth like reaching 5 digit prices in coming years.

Hence just saving what ever bitcoins you are already holding might mean like you are ignoring to multiply your chances of becoming richest if you are already rich person lol.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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May 06, 2017, 09:07:06 PM
 #42

you dont have to sell any bitcoins at all,just hold on to it and wait till the price of bitcoins reaches 2500$,well it is the best for me and i think that the price of bitcoin will be increased more till the end of this year.

For me. There is no reason to still hold once you have a valid reason or you need badly cash because even though you wait for the high but you can't use when the time of your needs then it is still useless to have a huge amount of money that has no purpose at all. Sell it if you need and hold if you just worrying for dump.
yes it is good to use your bitcoins for your need because people earn money to fulfill their needs, but i think those people  who have a good amount ofb  bitcoin and they are going to invest their bitcoin in other alt coin for making money for such people my advise is to hold their bitcoin and not to invest it anywhere else, because bitcoin can really give you a good profit in short period of time
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May 06, 2017, 09:35:43 PM
 #43

Hello everyone,

I was wondering after yesterday when the price went from 1400usd to 1600usd if I should sell it now or not?

It's not much but have around 1.2 bitcoin now.

I have also heard somewhere that the price will rise further because countries are going to use it.


Let me know! Smiley
In the future the price of bitcoin will increase much more so if you will buy now some more bitcoin then it will be better for you because you will invest some more money in bitcoin and you will earn some more profit when the price of bitcoin will increase more in the future.
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May 06, 2017, 09:41:37 PM
 #44

It doesn't matter does it? either way you should be using bitcoin as a mean to transfer value no matter the price, price only matters for traders and people trying to earn daily profit.
Besides if you think about it we're heading upwards ever since the inception and we'll continue to go up as time passes, so IMHO if you keep what you have and buy at any given price you're going to come out victor in the long term.
I don't see miners quitting and shut down their ASIC farms any time soon, they are even adding to their mining power each day and that is an indication of increase over time, this is really not that hard to understand.

But we all know people are into Bitcoin because of profit and not to transfer value and it is the reason(profit) why people are transfering the value of their stash to Bitcoin anyway.  So it does matter if Bitcoin go down in price or increase in price.  It does concern you too, doesn't it?

In the future the price of bitcoin will increase much more so if you will buy now some more bitcoin then it will be better for you because you will invest some more money in bitcoin and you will earn some more profit when the price of bitcoin will increase more in the future.

I agree there are lots of people who are getting into Bitcoin, some article even say that this price increase is not a hype at all but rather a new wave of Bitcoin price increase.  So this is the bottom of the peak of this next wave of Bitcoin adopters.  We can expect higher price and several ATH breaking news for Bitcoin in the coming days.
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May 06, 2017, 10:02:06 PM
 #45

Hello everyone,

I was wondering after yesterday when the price went from 1400usd to 1600usd if I should sell it now or not?
Depends on how strong you feel as a trader. Judging by this question not so much so the best option is hold and ignore all small price moments and corrections.
Question like these are asked by newbie bitcoin owners. They are very happy even with 20% profits because something like that is unheard of in fiat world.
I would sell all my coins only in dire need of fiat money, and I advise you do the same in 2020 BTC should be worth more than 5x of current price.
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May 06, 2017, 10:51:41 PM
 #46

Hello everyone,

I was wondering after yesterday when the price went from 1400usd to 1600usd if I should sell it now or not?

It's not much but have around 1.2 bitcoin now.

I have also heard somewhere that the price will rise further because countries are going to use it.


Let me know! Smiley

I would still sell now because the price seems artificially high. There is no way that a coin could go up by 200 USD in 1.5 days without having a bubble. And I think right now people are still sentimental about this price point, thus why the price is stabilising. But what will happen is that either bitcoin will go up even more, causing the bubble to grow even more and burst later, or burst right now.

That said i'm really conservative with my trading strategy, you may want to hold. What I would do though is sell now, buy in later when the price is lower.
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May 07, 2017, 04:20:15 AM
 #47

Hello everyone,

I was wondering after yesterday when the price went from 1400usd to 1600usd if I should sell it now or not?

It's not much but have around 1.2 bitcoin now.

I have also heard somewhere that the price will rise further because countries are going to use it.


Let me know! Smiley
If you think you can earn a profit more than your capital so go for it. Don't hesitate to make a decision on your own. It will rise then eventually it will fall. The bitcoin price is fluctuating and it changes rapidly. Don't sell your bitcoin, make a partition or I suggest sell the investment money that you use then save of your earnings or left money in your bitcoin wallet. I think this is the best way for me.  













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Osarman
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May 07, 2017, 08:07:09 PM
 #48

If funds are still available, I will buy more bitcoins. Investing in bitcoin is very profitable. Bitcoin has become one of my income sources. So I can buy a bitcoin miner.
indeed from the users of the bitcoin is very confident that the investment was highly profitable because current price value of bitcoin higher so I too want a lot more profits so bitcoin for us
yeah bitcoin is very much profitable and good way to make money nowadays because bitcoin value is going too much higher and a lot of people in profit.
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May 07, 2017, 08:51:40 PM
 #49

Today the price is close to 1600$ per 1 BTC. I would not invest now in bitcoin, I think the price is so not stable that it can easy drop to 1000$ or lower in some time. And then it will be time to buy.
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May 07, 2017, 08:54:45 PM
 #50

Today the price is close to 1600$ per 1 BTC. I would not invest now in bitcoin, I think the price is so not stable that it can easy drop to 1000$ or lower in some time. And then it will be time to buy.
Many people are waiting for that time but I do not think that now the price of bitcoin will again drop down to $1000. As in countries now it is used at state level and the governments are now going to adopt this currency for their state as officially so now the price will increase to higher and will not drop to lower value.
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May 07, 2017, 09:27:22 PM
 #51

here it the thing you need to have in mind:
- if you are trading bitcoin then yeah now is kind of a good time to start thinking about when to sell so that you can take the profit and buy back after the dip. but for that you need to first predict the dip and predict the high price to sell at not just sell and hope for the best!

- if you are not a trader and have invested in bitcoin for the long haul. then asking about selling is silly, you should always buy more each time you have money that you don't need.

- and if you are using bitcoin as a currency then all of these are moot. just enjoy the decentralized payment system and the privacy and security it offers you!

Alright thanks for your advice. I think once it reaches $2000 im going to sell it.

why? do you really think bitcoin is only worth $2000?!

Im new in trading, but I thought I would sell my coins at $2000,- and when it drops to $1000,- or so Im buying way more than I did before.


I don't think bitcoin price will pump to $2,000 and drop as low as $1,000. Op I think price may touch $2,000 before the end of next month and as someone has advised here, except you need fiat now  I will advise you also to hold as all the technical indicators are showing positive outlook.
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May 07, 2017, 10:28:03 PM
 #52

Today the price is close to 1600$ per 1 BTC. I would not invest now in bitcoin, I think the price is so not stable that it can easy drop to 1000$ or lower in some time. And then it will be time to buy.
Many people are waiting for that time but I do not think that now the price of bitcoin will again drop down to $1000. As in countries now it is used at state level and the governments are now going to adopt this currency for their state as officially so now the price will increase to higher and will not drop to lower value.
yes you are right the price of bitcoin will never come to lower and will increase high with the passage of time that is why is it not good to sell now and better is that OP buy more bitcoins he will be very happy with that investment because the profit in bitcoin is just waiting him.
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May 08, 2017, 08:47:59 PM
 #53

Today the price is close to 1600$ per 1 BTC. I would not invest now in bitcoin, I think the price is so not stable that it can easy drop to 1000$ or lower in some time. And then it will be time to buy.
Many people are waiting for that time but I do not think that now the price of bitcoin will again drop down to $1000. As in countries now it is used at state level and the governments are now going to adopt this currency for their state as officially so now the price will increase to higher and will not drop to lower value.
yes you are right the price of bitcoin will never come to lower and will increase high with the passage of time that is why is it not good to sell now and better is that OP buy more bitcoins he will be very happy with that investment because the profit in bitcoin is just waiting him.

We will see price of bitcoins touching new heights in next few months so we can afford to buy them even at current price to make good profits in quick time so if you have excess money then the best thing would be to buy more and more bitcoins and hold them till the end of the year or even till the mid of next year.

ETH: 0xff90080d7db05ced501f273548841a2c39cf6463
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May 08, 2017, 11:51:28 PM
 #54

Today the price is close to 1600$ per 1 BTC. I would not invest now in bitcoin, I think the price is so not stable that it can easy drop to 1000$ or lower in some time. And then it will be time to buy.
Many people are waiting for that time but I do not think that now the price of bitcoin will again drop down to $1000. As in countries now it is used at state level and the governments are now going to adopt this currency for their state as officially so now the price will increase to higher and will not drop to lower value.
yes you are right the price of bitcoin will never come to lower and will increase high with the passage of time that is why is it not good to sell now and better is that OP buy more bitcoins he will be very happy with that investment because the profit in bitcoin is just waiting him.

The price of bitcoins is very high right now so I don't think that everyone can afford to buy bitcoins at this high price and in fact people who have bought at lower price will prefer to sell their bitcoins now instead of holding them too long as if price goes down then they will miss an opportunity of making good profits.
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May 09, 2017, 04:39:01 AM
 #55

Today the price is close to 1600$ per 1 BTC. I would not invest now in bitcoin, I think the price is so not stable that it can easy drop to 1000$ or lower in some time. And then it will be time to buy.
Many people are waiting for that time but I do not think that now the price of bitcoin will again drop down to $1000. As in countries now it is used at state level and the governments are now going to adopt this currency for their state as officially so now the price will increase to higher and will not drop to lower value.
yes you are right the price of bitcoin will never come to lower and will increase high with the passage of time that is why is it not good to sell now and better is that OP buy more bitcoins he will be very happy with that investment because the profit in bitcoin is just waiting him.

The price of bitcoins is very high right now so I don't think that everyone can afford to buy bitcoins at this high price and in fact people who have bought at lower price will prefer to sell their bitcoins now instead of holding them too long as if price goes down then they will miss an opportunity of making good profits.
Every user who bought low tend to sell as the price is big and at some corner they too have the fear of missing out. But now the price increase haven't got a break it keep on increasing. Usually in a day a $50 difference is something big. So it's good to buy that one can afford and sell periodically making a profit than just holding long.

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May 09, 2017, 04:59:22 AM
 #56

It's either you hold on what you have now or buy some more as it looks like price of Bitcoin will continue to rise in the coming weeks. Early this morning I checked Preev and I see $1,630 then after driving to my office which is about an hour and half drive BTC is priced at $1,680. If I bought a few coins when I woke up then that's a $50 difference already. 
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May 09, 2017, 05:28:20 AM
 #57

hodl is another option ..
But adding more must be a wise option if you ask me. When you are having chances to invest more, instead of investing into any other sector, buying more bitcoins would be the right option as per considering the future bitcoin prices. I believe bitcoin will be having rapid growth like reaching 5 digit prices in coming years.

Hence just saving what ever bitcoins you are already holding might mean like you are ignoring to multiply your chances of becoming richest if you are already rich person lol.
An excellent opportunity to sell the bitcoin you have today, especially if you have lots of bitcoins. Well, that would be very profitable. It might be better to sell it right now, and wait for the price to fall, then buy it in enormous quantities so you can get a big profit if the price goes back up. It will make you rich.


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May 09, 2017, 05:35:57 AM
 #58

Hello everyone,

I was wondering after yesterday when the price went from 1400usd to 1600usd if I should sell it now or not?

It's not much but have around 1.2 bitcoin now.

I have also heard somewhere that the price will rise further because countries are going to use it.


Let me know! Smiley

I will explain you with a quote be fearful when people are greedy and greedy when people are fearful. Right now people will enter into panic mode (fearful) and they will end up selling it and the price will yet keep on going up. Every fall is a opportunity to buy rather than sell. Bitcoins long term future are strong and the price shall keep on going, cause people shall keep on buying. Plus there a rumor of Bitcoin being used in Olympics in Japan and now you can imagine the boost it shall give the price. So hold on tight to your coins.
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May 09, 2017, 05:43:07 AM
 #59

The best way you should do right now is to trade it. You can earn more bitcoin thru trading altcoins. If bitcoin falls, altcoins are rising. If you see polo, most of alts there are on green. Just trade at your own risk. Bitcoin price drop is normal. It happens to all crypto. Eth, xrp, ltc, crb are good coins. It worth of your btc.
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May 09, 2017, 06:14:17 AM
 #60

If you want to sell your bitcoin it does not matter because the most important thing you get profit. But if you buy more it will also be better and profitable because bitcoin prices always go up, if you do that long term surely the profits will be great. It's better for you to buy more because bitcoin prices will still go up, it will make you gain more profit.
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