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Author Topic: 2 Days back i sold 17 BTC for 4968 $ on bittrex - i regret  (Read 2316 times)
therealfalcon (OP)
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October 13, 2017, 04:07:12 AM
Last edit: October 18, 2017, 02:29:58 PM by therealfalcon
 #1

hello just 2 days back

I sold around 17 BTC for 4968$ on bittrex

and bitcoin price got pumped recently

should i wait for price drop or should i buy at current price  ?


i bought back at 5600$, after 1 day btc is back to 5100$

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October 13, 2017, 04:15:03 AM
 #2

hello just 2 days back

I sold around 17 BTC for 4968$ on bittrex

and bitcoin price got pumped recently

should i wait for price drop or should i buy at current price  ?
You have to wait for some time now, a reason behind the current price hike could be the 25 Oct fork, don't know much about it. Wait for 10-12 days then buy on whatever price you get it and you can sell the Bitcoin Gold and Bitcoins both after that fork.
Well, I'm also regretting my decision to sell it now, I was looking to hold it till 25 Oct but due to some reason I had to sell them. No worries as we are still in profit, Don't we?
therealfalcon (OP)
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October 13, 2017, 04:20:25 AM
 #3

hello just 2 days back

I sold around 17 BTC for 4968$ on bittrex

and bitcoin price got pumped recently

should i wait for price drop or should i buy at current price  ?
You have to wait for some time now, a reason behind the current price hike could be the 25 Oct fork, don't know much about it. Wait for 10-12 days then buy on whatever price you get it and you can sell the Bitcoin Gold and Bitcoins both after that fork.
Well, I'm also regretting my decision to sell it now, I was looking to hold it till 25 Oct but due to some reason I had to sell them. No worries as we are still in profit, Don't we?

for how much did you sold ?

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October 13, 2017, 04:25:54 AM
 #4

You can wait and buy again when btc dump the lower price  Kiss
therealfalcon (OP)
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October 13, 2017, 04:27:14 AM
 #5

You can wait and buy again when btc dump the lower price  Kiss

what i think is it will never go below 5000$

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October 13, 2017, 04:39:20 AM
 #6

hello just 2 days back

I sold around 17 BTC for 4968$ on bittrex

and bitcoin price got pumped recently

should i wait for price drop or should i buy at current price  ?
No pain no gain ,take risk to buy bitcoin at its current price cause we dont know that this rally might last till the end of the month. Its a great oppurtunity to buy and hold bitcoin at this time cause demand is increasing.
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October 13, 2017, 04:44:48 AM
 #7

you should NOT regret selling at $4968, it seemed like a pretty good idea in my opinion at that point to sell your coins. it was a good profit too if you have bought it in the recent dip or even before that at much lower prices.

what you should regret is the fact that you did not buy back at $5000-$5100 when you saw the fast price rise. you made a big mistake there and missed the $5800 ATH which was a $800-$700 rise respectively.

Buying the dip...
therealfalcon (OP)
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October 13, 2017, 04:52:58 AM
 #8

you should NOT regret selling at $4968, it seemed like a pretty good idea in my opinion at that point to sell your coins. it was a good profit too if you have bought it in the recent dip or even before that at much lower prices.

what you should regret is the fact that you did not buy back at $5000-$5100 when you saw the fast price rise. you made a big mistake there and missed the $5800 ATH which was a $800-$700 rise respectively.

i thought that it would go back to 4800$ soon so i didn't buy it back

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October 13, 2017, 05:01:03 AM
 #9

$5840  as we speak   Shocked


I hate to say it but it will peak in the 7-8K range by oct 25th at this pace.
therealfalcon (OP)
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October 13, 2017, 05:01:36 AM
 #10

$5840  as we speak   Shocked


I hate to say it but it will peak in the 7-8K range by oct 25th at this pace.

should i buy back then ?

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October 13, 2017, 05:14:57 AM
 #11

hello just 2 days back

I sold around 17 BTC for 4968$ on bittrex

and bitcoin price got pumped recently

should i wait for price drop or should i buy at current price  ?

Not only you i  also regret sold my BTC when it was dropped to around $3000,thought i can buy around $2k But the price just increasing after i sold it.like a trap.when the price increasing i am confuse and the price already $5000.and yesterday i bought bitcoin for $5140.But still regret,i own more bitcoin before i sold it,now i can only have a small amount of bitcoin.

i think the price will reach $7000,you will need to make your own decision to buy or wait for the drop.
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October 13, 2017, 05:19:22 AM
 #12

im sorry to hear about your story man. But do not worry, there are many things you can do in this situation. Such as buying altcoins. As you can see, there are many altcoins can be bought by USDT. Litecoin, ethereum, ethereum classic are the best choice. Look at ethereum for example, the price is extremely good and it will have the next big hard fork before bitcoin which will upgrade a lot of thing inside ethereum. So, it is your choice, be wise

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October 13, 2017, 05:38:02 AM
 #13

hello just 2 days back

I sold around 17 BTC for 4968$ on bittrex

and bitcoin price got pumped recently

should i wait for price drop or should i buy at current price  ?

You will be able to buy it back below what you sold. Just wait on it.

Next time don't sell your entire stash, sell a bit and if the price goes down buy it back. If the price goes up, it does not matter since you hold more anyways. Usually the price will go down a bit every once a while. Wait for a DEAL to come along and then buy back.
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October 13, 2017, 06:06:44 AM
 #14

hello just 2 days back

I sold around 17 BTC for 4968$ on bittrex

and bitcoin price got pumped recently

should i wait for price drop or should i buy at current price  ?

You will be able to buy it back below what you sold. Just wait on it.

Next time don't sell your entire stash, sell a bit and if the price goes down buy it back. If the price goes up, it does not matter since you hold more anyways. Usually the price will go down a bit every once a while. Wait for a DEAL to come along and then buy back.

thanks good advice but i don't think it will go below 5000$ again

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October 13, 2017, 06:27:46 AM
 #15

hello just 2 days back I sold around 17 BTC for 4968$ on bittrex
in other words 2 days ago you made a very nice amount of profit from your investment because it is a price near previous ATH and no matter when you bought it is a 100% sure profit since all prices were lower before this.

Quote
and bitcoin price got pumped recently
it is not "pump" it is a "rise" or "rally". it may seem like nitpicking but in fact that is a huge difference between these terms.

Quote
should i wait for price drop or should i buy at current price  ?
you should have bought when the $5000 was broken.
now you should wait to see a correction (which is happening right now as we speak) and buy back.
not not over wait though. price will never go down to your very low expectations. i say it now, below $5000 is very unlikely for some time at least.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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October 13, 2017, 06:34:58 AM
 #16

hello just 2 days back

I sold around 17 BTC for 4968$ on bittrex

and bitcoin price got pumped recently

should i wait for price drop or should i buy at current price  ?
You should have wait for the hard fork and then should have sold your bitcoins.
Now if you are in your right mind then you should wait for the price to drop, which will be occurring most probably after the hard fork and then you should buy at that price.
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October 13, 2017, 06:37:05 AM
 #17

Even back then, bitcoin was on a rising trail showcasing bullish tendencies. I don't see any significant selling pressure or resistance still. Bitcoin has the potential to reach very high in this rally as for two days now we're seeing a price rise of over 10% in every 24 hours.

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October 13, 2017, 06:39:34 AM
 #18

hello just 2 days back

I sold around 17 BTC for 4968$ on bittrex

and bitcoin price got pumped recently

should i wait for price drop or should i buy at current price  ?

2 days back is not quite long and you will really regret if BTC will pump and came to the 6000$ price each, and this one is so reachable since there are so many days left before the hardfork to be happen and I expect that people are continuously to enjoy this current pump to be happen. But its not so late for you to buy for this time and try to recover and earn with this flow.

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therealfalcon (OP)
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October 13, 2017, 06:40:20 AM
 #19

hello just 2 days back

I sold around 17 BTC for 4968$ on bittrex

and bitcoin price got pumped recently

should i wait for price drop or should i buy at current price  ?
You should have wait for the hard fork and then should have sold your bitcoins.
Now if you are in your right mind then you should wait for the price to drop, which will be occurring most probably after the hard fork and then you should buy at that price.

I purchased them back at and got around 14.9 BTC, i will sell them before hardfork

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October 13, 2017, 06:44:19 AM
 #20

hello just 2 days back

I sold around 17 BTC for 4968$ on bittrex

and bitcoin price got pumped recently

should i wait for price drop or should i buy at current price  ?

Not only you i  also regret sold my BTC when it was dropped to around $3000,thought i can buy around $2k But the price just increasing after i sold it.like a trap.when the price increasing i am confuse and the price already $5000.and yesterday i bought bitcoin for $5140.But still regret,i own more bitcoin before i sold it,now i can only have a small amount of bitcoin.

i think the price will reach $7000,you will need to make your own decision to buy or wait for the drop.
around 2k? there was enourmous support zone around 2.600 and 2.700. it would never reach 2k.  good decision to sell just because buying 300$ lower looks good to you.
i don't have a lot money either but i said to myself that i got it for long term and can wait 5-6 months at least. 20 days later : 5600$
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