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Author Topic: when is the good time to sell my bitcoin ?  (Read 1788 times)
YuginKadoya
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July 24, 2017, 02:00:39 PM
 #21

Just have some patience and wait as we could see the bitcoin price recovering quickly.After segwit,it may rise very high and you would have to regret at that time if you sell it now.So just wait and watch.All the dust have started to settle down much earlier before the segwit activation.

He can surely sell his bitcoin anytime he wanted, but I think it is best to just take a small amount if he really need money because surely the price is still good and recovered from the dump of fearful users, and just like you said if this event was started the price will totally leap up high but the question here, if the coin splits what price does your native wallet could be supporting or can it be really for this kind of event, we can really see after August 1 occur.
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July 25, 2017, 12:29:13 AM
 #22

when is the good time to sell my bitcoin ?any guide to find  ?

Sell for the following reasons:

1) You need the money for something important or for retirement.

2) You have made a lot of money and want to cash it in and put it into something more conservative.

3) You are trading and are selling high to buy back low.

4) You think the price will drop due to bad news, a pump, a potential fork, etc.

If you hold long term your investment will probably make money, but if any of the above apply to you, then you may need to sell.



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July 25, 2017, 12:35:57 AM
 #23

2 reasons:
1. You have made a f-ton (like a million) and want to cash out half.
2. You are desperate.
otherwise hold.

Look at the bit chart on bitcoinwisdom. There is not a single day up until May of this year that it wasn't a terrible idea to sell. NOT A SINGLE DAY. Unless you think bitcoin could be dead from here, it makes no sense to sell. If you have mad skilz at trading then go for it.
Pleione527
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July 25, 2017, 12:48:51 AM
 #24

Bitcoin is unpredictable there's no specific time for you to use as guidelines in selling your coins but my suggestion is that sell them when the price is high or hold them for a short period maybe after the August 1 we can see a good news in the value of bitcoin. If your coins were acquired last week for sure selling now will give you good harvest.
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July 25, 2017, 01:21:16 AM
 #25

Just sell Bitcoins if you are really desperate for money or if you bought it to show someone you can have profit from Bitcoins.

For an example: There are some people I know that don't believe in Bitcoins, they think it's waste of time, waste of money and that I can't make profit from it. So I took some money and bought Bitcoins, let's say $500 in BTCs. Then after some time the price increased 50%, so I could make 50% profit over that and cash out ($750) to show these people Bitcoin worth hoping to motivate them to do the same.

 
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kriptotr
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July 25, 2017, 01:22:23 AM
 #26

It's an open ended question, there is no detail, nothing. For 1 month long investment, $3000 is the sell point. For 1 year lon investment, $5000 is the exact sell point.
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July 25, 2017, 01:40:27 AM
 #27

Bitcoin is the ultimate test of patience. Those without patience will lose or get lucky and break even. Those blessed with patience will become rich.
Chip-Dale
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July 25, 2017, 03:45:42 AM
 #28

Bitcoin is the ultimate test of patience. Those without patience will lose or get lucky and break even. Those blessed with patience will become rich.
The fact is that you do not need to panic and calmly look at price fluctuations. We know that the final results of the bitcoins will give good prices to the trade exchanges the point and that what is happening today is nothing else than a cause-and-effect relationship.

BitFarmer75
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July 25, 2017, 04:11:48 AM
 #29

to be honest its more emotions than timing
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July 25, 2017, 04:28:31 AM
 #30

to be honest its more emotions than timing

What do you mean emotions? Emotions should be check here. You don't need to be emotional just to sell your bitcoins. For me I'm just gonna sell if I need it money. Because I'm planning of holding bitcoin for long term, but it there are emergency along the way then I have no choice really but to sell a portion for my used. I will not sell just because I wanted to get my profit. No. The profit will just end end something like gambling and totally be wasted. I wouldn't do such a thing. I would rather saved in long term than carelessly use it for no purpose.

ttt111 (OP)
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July 26, 2017, 03:23:52 AM
 #31

what you mean by emotions to sell my bitcoins?what is this august 1 i have been seeing in the forum on this.
Lieldoryn
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July 26, 2017, 04:17:56 AM
 #32

to be honest its more emotions than timing

What do you mean emotions? Emotions should be check here. You don't need to be emotional just to sell your bitcoins. For me I'm just gonna sell if I need it money. Because I'm planning of holding bitcoin for long term, but it there are emergency along the way then I have no choice really but to sell a portion for my used. I will not sell just because I wanted to get my profit. No. The profit will just end end something like gambling and totally be wasted. I wouldn't do such a thing. I would rather saved in long term than carelessly use it for no purpose.
Right, you say. A lot of people made bitcoin God. Pray and fast, but saving your coins for the future. I advocate a pragmatic approach and for me bitcoin is just a currency that helps me have what I need now. Who knows what the future holds and whether it will be for us. Life is too short to spend it on waiting for a bonus at the end.
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July 26, 2017, 04:38:03 AM
 #33

Bitcoin is the ultimate test of patience. Those without patience will lose or get lucky and break even. Those blessed with patience will become rich.
The fact is that you do not need to panic and calmly look at price fluctuations. We know that the final results of the bitcoins will give good prices to the trade exchanges the point and that what is happening today is nothing else than a cause-and-effect relationship.
Indeed, I do believe that panic selling will never have a good effect on your transaction. Anyway, based on my opinion it is better to sell your bitcoin of course if it is on high price so that you will get a higher amount. However, if it is not necessary then just hold it for a long time.

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Tamilson
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July 26, 2017, 05:23:05 AM
 #34

A good time to sell is when the price is right for you.

Consider how much you bough at and what profit you are going to make.

Also consider if you invested money that you need for other stuff so maybe you could partially sell and keep some.


Yeah like when the price is right for you then sell it.
When you think you'll have a profit then why not sell but I think if it's not necessary just hold your coin tight and wait the price goes to the moon. So now, hold as long as you can.

Happy Coding Life Smiley
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July 26, 2017, 06:05:29 AM
 #35

A good time to sell is when the price is right for you.

Consider how much you bough at and what profit you are going to make.

Also consider if you invested money that you need for other stuff so maybe you could partially sell and keep some.


Yeah like when the price is right for you then sell it.
When you think you'll have a profit then why not sell but I think if it's not necessary just hold your coin tight and wait the price goes to the moon. So now, hold as long as you can.

Some people have a thoughts of after August 1 ,the price of bitcoin reaches the moon .I.e,peak.It may 3000$ or 4000$ anything. May be between this two also.But compared to Current rate of bitcoin. Bot are greater. If you satisfied with any day price means,you can sell on that day

 
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July 26, 2017, 06:14:23 AM
 #36

A good time to sell is when the price is right for you.

Consider how much you bough at and what profit you are going to make.

Also consider if you invested money that you need for other stuff so maybe you could partially sell and keep some.


Yeah like when the price is right for you then sell it.
When you think you'll have a profit then why not sell but I think if it's not necessary just hold your coin tight and wait the price goes to the moon. So now, hold as long as you can.

Some people have a thoughts of after August 1 ,the price of bitcoin reaches the moon .I.e,peak.It may 3000$ or 4000$ anything. May be between this two also.But compared to Current rate of bitcoin. Bot are greater. If you satisfied with any day price means,you can sell on that day

But that is one of the prediction other 1 is it is splitted and I think the price is also splitted and I hope that it will not. Lets hope that the pricr gets higher. Thought try to hold it some months more there will be a big pumps of coin .



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July 26, 2017, 06:24:53 AM
 #37

Bitcoin market volatility is really high, no one can prediction when the time to sell bitcoin but i know one ways to handling this, you must have a target for able make a profit and never be greedy person because greed only make us suffered. 

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July 26, 2017, 07:38:23 AM
 #38

Bitcoin market volatility is really high, no one can prediction when the time to sell bitcoin but i know one ways to handling this, you must have a target for able make a profit and never be greedy person because greed only make us suffered. 

i think when we are make analyze, we should know what is our target to sell like you said because if we don't know what is the price, then we can not sell and take the profit. its not good if we are going to be a greedy person because we need to survive in trading and make some profit for future. so i think if we only can make small profit then its no problem because in other time, we can make big profit if there is a pump for the coin.



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July 26, 2017, 08:50:19 AM
 #39

Maybe after the 1st of August, bitcoin prices will go up very high. Well, I feel that at the moment it is a good time to sell a large amount of bitcoin. I'm sure, there will be a rise in bitcoin prices before the end of the year.
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July 26, 2017, 10:00:34 AM
 #40

Maybe after the 1st of August, bitcoin prices will go up very high. Well, I feel that at the moment it is a good time to sell a large amount of bitcoin. I'm sure, there will be a rise in bitcoin prices before the end of the year.

If that's the case about August 1st, I guess we should stop selling our bitcoins now and store it on our designated wallets or convert to other type od tokens like ethereum. Actually we need not to be so worried about that date, because speculation were really viral just for that date and I don't know why investors were very shaking of their feet about it. Mainly that affects also the entire crypto currency market, their coins also drop of it's price value particularly on trading.
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