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Author Topic: When to buy and sell bitcoin  (Read 18091 times)
terbetet
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October 30, 2017, 10:27:03 PM
 #541

When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
Based on my own experience here within the bitcoin industry and based on what I have observed in the short span of time that I have been using bitcoin, people treat the pump situation to be the best time to sell their bitcoins because they can gain a lot from it. While having the dump situation is the best time to be treated as the best time to buy bitcoin since it was on the low price, it is affordable.

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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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justspare
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October 31, 2017, 11:48:42 AM
 #542

if you had enough money to buy bitcoin then buy it now, and hold it until the price of bitcoin increase rapidly.
I don’t think so that buying the bitcoin and that too at the very present moment when the market price of bitcoin is at its peak value is really a good idea. In my opinion, you need to go for buying of bitcoins only at the time when the market price is falling down.

This will help you in buying more bitcoins. For selling, go for selling of bitcoins only when you are going to have your desired amount of profit.
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October 31, 2017, 03:32:08 PM
 #543

now is the right time to sell the btc you have, now the value is peaking and we do not know how it will last until, maybe it will come down unexpectedly, and it will probably continue to rise. but that's all nobody knows because it's so volatile

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betMaster
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October 31, 2017, 05:47:23 PM
 #544

The smartest people are the ones who bought bitcoin and believed in it when it was in it's beginning and even when it surpassed 1000$. I was among the people who took advantage of china ban, but even tho it went low to 2500$, it was still a bit expensive. It's never too late to buy bitcoin because it is expected to go higher in value in the future and maybe it will become a rare currency. Start saving money to buy bitcoin and save it you never know what could happen later.
senne
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October 31, 2017, 05:58:02 PM
 #545

There is no particular pattern for buying and selling the Bitcoin. If you wait to buy Bitcoin at low price, then you might keep on waiting and never buy them; instead you can analyse the market and wait for a fall in the price of Bitcoin and then buy when it's value shows no more downfall. Further if you want to sell Bitcoin, you can easily sell them when you really need to exchange it for cash otherwise Bitcoin itself is a wise investment. So one should not sell Bitcoin until required and if you want to sell them, then wait for the price to pump to get better profit.
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October 31, 2017, 06:08:56 PM
 #546

You don't sell bitcoins, that's all ahah

Seriously though, it's too risk to sell in expectation of a price decrease in the near-time future. It's speculation, and it's basically a betting system. you'd better go for option trading if that's your kick, but I don't recommend it as it's really risky.
You can try to buy more bitcoins in dips, however; it just asks you to react to the market, and it has the same earning potential as selling in a speculative manner ^^

So, basically, don't sell unless you're leaving the crypto-market. If not, just try to buy at low prices, main idea is still the good ol' hold Wink

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November 01, 2017, 01:56:52 PM
 #547

if you had enough money to buy bitcoin then buy it now, and hold it until the price of bitcoin increase rapidly.
I don’t think so that buying the bitcoin and that too at the very present moment when the market price of bitcoin is at its peak value is really a good idea. In my opinion, you need to go for buying of bitcoins only at the time when the market price is falling down.

This will help you in buying more bitcoins. For selling, go for selling of bitcoins only when you are going to have your desired amount of profit.
Yes you are so right in this regard. There is only one basic rule that all traders must follow. Buy low and sell high, it is one of the golden rules in business and there are strategic people in international market right now, who are doing an incredible feat of trading with this rule. And like you said, for now, it is not better option now to buy. Rather keep hold your current coins.
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November 01, 2017, 03:18:53 PM
 #548

now is the right time to sell the btc you have, now the value is peaking and we do not know how it will last until, maybe it will come down unexpectedly, and it will probably continue to rise. but that's all nobody knows because it's so volatile
If we look at the market price of bitcoin, then we’ll observe this thing that the market price of bitcoin is continuously increasing and it has not stopped yet. You can earn a good profit by selling your bitcoins and that too right now but I will suggest you not to go for selling your bitcoins and that too at the time when you know this thing that it will increase more. So better hold your bitcoins.
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November 02, 2017, 01:18:39 AM
 #549

Well there are 2 methods that are commonly used in trading. The most common one is buy and low price and sell at high price. This is also the most logical methods of earning profit. I would recommend this methods when you know for certain that the price of Bitcoin will go up. To properly earn profit with this method a lot of time and effort does need to be invested to research about the circumstances surrounding the price. 

The other method is buying when the price is quite bullish. So basically buy when the price is rising. This is at time effective, but at other time would result in a loss. Both methods require you to use your common sense and think about various circumstances the are affecting price, if you want to make profit of course. 
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November 02, 2017, 01:49:52 AM
 #550

Now is the time to buy bitcoin because in next few months the value of bitcoin is become so high, buy now you rich later.

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roddy5
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November 02, 2017, 02:48:26 AM
 #551

Same as other trading stocks you should buy when the price is low and sell when the price is high, but the only difference is you can't determine if what is the high price and the low price since the price keeps on going up every time.

What I can say is bitcoin doesn't reach the highest possible price it can have so buying a coin can be done anytime.
ApocalypseNow
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November 02, 2017, 03:25:27 AM
 #552

When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)

If you are satisfied then you can sell it. I know you want a bigger profit but if you are just going to be greeedy then it's bad for you. Just remember that you earned profit. And about buying, dips are always the best time to do it.
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November 04, 2017, 06:08:06 AM
 #553

if you had enough money to buy bitcoin then buy it now, and hold it until the price of bitcoin increase rapidly.
I don’t think so that buying the bitcoin and that too at the very present moment when the market price of bitcoin is at its peak value is really a good idea. In my opinion, you need to go for buying of bitcoins only at the time when the market price is falling down.

This will help you in buying more bitcoins. For selling, go for selling of bitcoins only when you are going to have your desired amount of profit.
Yeah a person should buy at the low price and the selling time the high price, now all the people are using the bitcoin and they are yet buying the bitcoin so for me as well it is the time to buy the bitcoin because the price of the bitcoin is increasing more and more, to be honest the bitcoin is the unpredictable currency and it is very rare to buy at the right time so now the price is increasing it is the time to buy.

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November 05, 2017, 07:04:52 PM
 #554

I think bitcoin is an extremely promising current expense, you just ensure that it stays in a particular time then you can benefit. simply because bitcoin always increases from year upon year. buying at a low price and promoting it at a high price a couple of years later on.
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November 06, 2017, 04:20:17 AM
 #555

There is no right time to sell or buy bitcoins — the situation on the cryptocurrency market changes every hour, even faster. The only one advice I can give you — never buy or sell crypto from persons you do not know. There are many scammers, who work everywhere today. Use official trusted exchanges both to sell and buy BTC.
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November 06, 2017, 04:49:22 AM
 #556

 when bitcoin prices tend to be stable or down .. we make a purchase .. and when prices tend to go up we sell again
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November 06, 2017, 05:02:16 AM
 #557

the purpose of buying and selling Bitcoin is to take advantage of it, but it is not easy to do because it is a volatile currency, it still needs to be learned because it is unpredictable because of its price.

Cointertrade
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November 06, 2017, 05:19:57 AM
 #558

When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)
The perfect time to buy bitcoin is when the price will decrease then it is your opportunity to buy. Then the perfect time to sell it is this coming 2018 because it will pump. So buy now and sell tomorrow.

shezu007
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November 06, 2017, 05:23:45 AM
 #559

the purpose of buying and selling Bitcoin is to take advantage of it, but it is not easy to do because it is a volatile currency, it still needs to be learned because it is unpredictable because of its price.
there are a very common and easy rule for selling and buying bitcoin and that is whenever the rate of bitcoin is going decreasing or stop for some time then you need to start buying at that time more and more and whenever the rate of bitcoin is going increasing with time then you need to start selling bitcoin.
monkeykiss21
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November 06, 2017, 05:43:48 AM
 #560

The perfect time to buy a bitcoin is when the price is become decrease then it's a time to buy bitcoin.Depends upon the good timing of the price of bitcoin.Then you should go with that.
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