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Author Topic: Sold my Bitcoin today  (Read 4889 times)
Sikka157 (OP)
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October 14, 2017, 10:14:59 PM
Last edit: October 19, 2017, 06:26:22 AM by Sikka157
 #1

I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??
Edit: If you are wondering at what price, i sold at $5720. I bought Litecoin with ithat money.
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October 14, 2017, 10:18:36 PM
 #2

I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??

I think you're right. Just buy again a few hours before the big "free money" moment.

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drachman
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October 14, 2017, 10:19:15 PM
 #3

I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??
That is a risky play, not many people are selling since they want to obtain free bitcoin gold, so I think you are going to need to wait for some time, because those that get bitcoin gold are going to sell it and get bitcoin with it and that is going to push the price up once again.
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October 14, 2017, 10:24:07 PM
 #4

I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??

I'm supporting your decision. But only if you plan to buy the same amount of coins on lower price. Or even taking 'free' coins instead of 'free' fiat.

Now the price seems to be at it's pick point and I don't believe to reach another all time high soon. Or at least in next 2-3 months.
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October 14, 2017, 10:40:42 PM
 #5

If the move is to secure your earnings and repurchase whenever it dips back down, it is a good one.

If it is to take advantage of the low alt coin prices...it is a great one.

If to re-purchase BTC again before the fork to get double coin...questionable.
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October 14, 2017, 10:44:13 PM
 #6

Better off waiting until you get your gold than sell
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October 14, 2017, 10:44:23 PM
 #7

on the other hand it can be like. it will pump until 23 october and then at 23 - 25 October it will start to dump and after 25 October it can reach at 4500$
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October 14, 2017, 10:45:26 PM
 #8

Great choice , now just wait for the market cool down and then go buy back!
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October 14, 2017, 10:47:43 PM
 #9

Another leg up incoming lol sorry for your loss
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October 15, 2017, 12:22:20 AM
 #10

I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??

You are wrong. My way of looking at it is that it has already successfully broke the very hard resistance which was $5,000. But since it has gotten away from the chains of $5,000, and gone past that, it will be growing even more. We are now approaching $6,000. It might even be reached within the month. This is a good sign that each bitcoin will become a 5-dollar figure soon.

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October 15, 2017, 12:29:55 AM
 #11

It seems like it's better to be in cash right now. I will protect my position because I am Altcoin.


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BoonTech
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October 15, 2017, 12:41:57 AM
 #12

I am looking for a BitcoinTalk account where I can post pics and create a ANN page.

If anyone is interested, please send me a dm in telegram @BoonTech

If you do bitcoincampaign, I will need help with that as well

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October 15, 2017, 12:59:14 AM
 #13

I'd stay in until the fork and then immediately draw out. Doubt a lot of people will be selling BTC before the gold fork.
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October 15, 2017, 02:16:26 AM
 #14

i think btc will keep rising till fork

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October 15, 2017, 02:58:22 AM
 #15

You are wrong. It will rally untill segwit 2x hard fork.. i predict it will reach arround $7500. However its just my prediction. Yes it is too high now. But people though the se thing when it was $2500 and $3500. No one knows what actally bitcoin is worth in next 3 -4 years. Long term holding is still good. Even not gain like early adopter who adopted it in 2014 or even 2010. They are rich now. But probably many of those early adopter cashed out at $3500 or somewhere..



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October 15, 2017, 03:25:11 AM
 #16

I think you made good choice.
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October 15, 2017, 03:26:29 AM
 #17

I think it was a risky play, but, I think you have a shot.  It'll be very interesting to see when it dips low enough for you to buy back in.  Best of luck!   Smiley
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October 15, 2017, 03:26:49 AM
 #18

good luck with your decision. it is hard to predict the market especially now everyone is bullish on the btc. maybe its time to look at potential Alts.
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October 15, 2017, 03:51:04 AM
 #19

well if the last fork was anything to go by then it will be increasing in price after this btcg fork and should do the same for the next one to. then maybe a correction.
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October 15, 2017, 04:17:46 AM
 #20

I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??

i think its a nice idea and a win win situation , infact i also sell mine today and i wont regret if what will be the price next day but the downside is if the bitcoingold rumors will happen we wont recieve that much. thats why there are still people who holds their bitcoin until the fork has been done. so i guess lets just wait and see if that would really happen or not.
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