Sold my Bitcoin today

[ipanks]

Edit: If you are wondering at what price, i sold at $5720. I bought Litecoin with ithat money.

Its a decent price to exit a small amount maybe but why would you put it in litecoin when litecoin has had a much large run in percentage terms - from just over $1 to where it is now, its like a 40x move.  If the market did ever go back down you might see litecoin at $5 to $10 my friend. 

I would've parked my Bitcoins somewhere else as well. Quite a few alts around that are very cheap right now with breakout potential.

Ya it is correct that investing fully in once altcoin is full risky as their are other altcoins which are very cheap and their projects are good. If you can hold them for more then six months or above then you can see a very good profit in them.

If you actually spend any time carefully researching altcoins instead of buying hypes and fake news it would be quite hard not to x5-10 your investment in 6 months.

I have invested in few altcoins like NEO, Waves, Shift, Qtum, DeepOnion, ZenCash, Florincoin. But i am not comfortable investing big amounts in other altcoins, that is the reason i bought Litecoin. I think $100 for Litecoin is not an ambitious target, i would be happy with that.

Litecoin is already up 20 fold this year. So $100 is quite ambitious, at least in the next months.
You should look into coins that belong to actual projects by the way. Your whole portfolio consists of coins/smart contract platforms, so you have practically no diversification.

i am sure that litecoin can reach $100 in this year or at least in next year and we know that litecoin price itself is increase than last year so everything has possible. but for selling bitcoin, i don't think that this is a good idea because if we want to make bigger profit, we need to waiting for a while and if there are any down for the price, we can buy bitcoin again. and i if see the list of coins he have, i think neo, waves, qtum, and zencash can be the next coins that will be increase.

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[Trela]

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.

good choice I sell my coins too at that price. before it goes under $5400 and now it came back around $5700 so we're getting a good result. I'm waiting till the fork affect the price of bitcoin and then gonna buy again at low price and wait till bitcoin reach $7000 then sell it again basic trading.

Yes that was the good price to sell your bitcoins as you made good profits from it and somehow I missed the chance of selling at that price but as of now the price is again above $5700 so thinking of selling some coins at this price before its too late as price may fall after the fork so that would be a good time to buy some more coins at lower price.

You can miss the chance to sell your Bitcoin at $6,000 or higher than, but I all agree with the decision sell your Bitcoin at $5,700. It is enough for you and you do not need to try more risk with $300.

[mathuo 444]

you are right if BTG have some success price will Down more so you can buy more but if BTG not success it will give high kick to price and up to 7,000$

[Nazmul012]

you sold your bitcoin, its okk. its cross 5600$.  day by day the price of bitcoin is increasing frequently. hope the price of bitcoin will cross 8k  at the end of this year and i don't thing it will go down before hit 8k

[Cacingkemi]

Bitcoin dropped a few hours ago and I panicked enough to see that I sold a few percent of the bitcoin I had, but now the bitcoin price is rising again and my opinion is better to hold bitcoin until the price hits at $6000 and that's a good time to sell before a hard fork.

Similar you dude I experienced whether what I have in my mind sell because of panic,better OP keep hold if you do not want to regret when the price increases.I want to buy BTC this week to get a new free gold maybe.

[denny27]

It's a not bad decision, because it looks that the current price movements stay at altitude I guess and higher than ever that was almost down to $5000. And it looks like the price movement in my opinion will last longer above $5500 till reach $6000.

[Capazoolo]

it is risky and you must take risk to be rich so that i think you are right

[BTCMILLIONAIRE]

it is risky and you must take risk to be rich so that i think you are right

You could play in a casino. That's quite risky, and almost certainly won't make you rich. Risk taking alone doesn't have any implications on one's success and most risk-takers fail because they can't control it.

[ekoice]

Its ok that you have sold it at $5,000.But you could have waited a little until november when bitcoin price is expected to decline due to activation of segwit 2x.A lot of FUD would be spread during that time by big whales to make bitcoin price fall.Also,newbies would be doing panic selling.It would be the right occasion to buy more bitcoins at very cheap price.The act you have done is termed as shorting,but it should have been done much nearer to segwit 2x activation.

[Maingtoled1958]

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.

you sold it with good price but if you sold today will gain more Because price now about 6.039$

[BTCMILLIONAIRE]

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.

you sold it with good price but if you sold today will gain more Because price now about 6.039$

That's the problem with shorting. It's very hard to tell when to exit and when to get back in. Which is why rookie traders shouldn't even bother and just hold.

[monsterous]

always time is good to buy and bad for sell

you win for today but may be loss for future

[BTCMILLIONAIRE]

always time is good to buy and bad for sell

you win for today but may be loss for future

Depends. There are always some assets that are like falling knives that you don't want to try and catch.

[Ferris419]

When today I saw price above $6000 it took no time for me to sell some of my bitcoins as it was a great price to sell and also I was in need of money so I am satisfied that I sold my coins at a right time and at a right price as I will always get an opportunity in future to buy bitcoins at low price in compare to current price so no big deal for me.

[faithupgrade]

No matter how huge is that altcoin, buying an alt during the BTC rally is too risky. Alts are very sensitive to BTC dumps and pumps. If I were you. I will sell LTC and rebuy it from the dip instead. Look what happened to major alts like ETH, STR, XMR, BCC, DASH, LTC they are now falling down so fast.

[fancy_pants]

I sold 1/4th of my bitcoins today as price was too good to me and I thought that in coming days price may drop so sold some coins and gain best profits on my investments and now hoping for the price to go lower in coming days so that I could buy some bitcoins at lower price as price will surely go below $6k in coming days.

[DustyRah]

I sold 1/4th of my bitcoins today as price was too good to me and I thought that in coming days price may drop so sold some coins and gain best profits on my investments and now hoping for the price to go lower in coming days so that I could buy some bitcoins at lower price as price will surely go below $6k in coming days.

The price should go below 6k easily since it was the first time it went over that recently. But given the kind of rise we are seeing, may want to hold off till $20,000 or even $1,00,000 before selling. Bitcoin is just starting to gain popularity in the investment world. Lots more price increase to follow given the limited supply.

[BTCMILLIONAIRE]

I sold 1/4th of my bitcoins today as price was too good to me and I thought that in coming days price may drop so sold some coins and gain best profits on my investments and now hoping for the price to go lower in coming days so that I could buy some bitcoins at lower price as price will surely go below $6k in coming days.

The price should go below 6k easily since it was the first time it went over that recently. But given the kind of rise we are seeing, may want to hold off till $20,000 or even $1,00,000 before selling. Bitcoin is just starting to gain popularity in the investment world. Lots more price increase to follow given the limited supply.

There are alts that will climb faster than Bitcoin. It just isn't easy to identify them. But blindly holding Bitcoin until a given target isn't really worth it unless it's only a part of your portfolio (which should be the case).

[Yuuto]

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.

There will always be a corrrection following such surges of price growth.

Even though price did went up another $200-300 per coin or so, i don't think the decision that you made was wrong, personally. You got a good price for your coins and altcoins are currently somewhat undervalued, and may bounce back soon.

Just need some luck mate.

[BTCMILLIONAIRE]

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.

There will always be a corrrection following such surges of price growth.

Even though price did went up another $200-300 per coin or so, i don't think the decision that you made was wrong, personally. You got a good price for your coins and altcoins are currently somewhat undervalued, and may bounce back soon.

Just need some luck mate.

Yeah, I do think that flipping back into alts is the right move. Bitcoin Gold is a big gamble with little value but high risk.