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Author Topic: should i buy btc now or sell?  (Read 8211 times)
tomahawk9
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November 03, 2017, 03:27:39 PM
 #21

hallo guys, i am new to trading btc. and days before the bitcoin gold fork, i was advice to sell my btc (which i did) because it was suspected to drop in price few days to come. But surprisingly, from then till this very moment, btc has been on a continuous rise. now btc is at $7000+ and we are getting close to the next fork in mid-nov. DO YOU GUYS ADVICE I BUY BACK BTC AT THIS CURRENT PRICE OR WAIT for a possible drop in price?
Well, we still have more than a week before the hard fork so the price could go up in the next few days. We are around the $7290 with no signs of stopping so I would't recommed to buy now. But it depends on wether you want to invest in the short term or the long term, if you're thinking about increasing your profits in the long-term, then you should probably buy now since it's very possible that we will see a surge in the price before the end of the year or around January next year, once the market is more stable.

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BartS
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November 03, 2017, 03:29:44 PM
 #22

hallo guys, i am new to trading btc. and days before the bitcoin gold fork, i was advice to sell my btc (which i did) because it was suspected to drop in price few days to come. But surprisingly, from then till this very moment, btc has been on a continuous rise. now btc is at $7000+ and we are getting close to the next fork in mid-nov. DO YOU GUYS ADVICE I BUY BACK BTC AT THIS CURRENT PRICE OR WAIT for a possible drop in price?
The first thing I would do is to look for the person that gave you that advice and say to him a thing or two, it was the consensus of most of the members of the forum that bitcoin was going to go up after the fork and even if it took a few days for that to happen at the end it happened and I have no doubt that as the next fork gets closer that is going to begin to affect the price as well.
Pakboy
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November 03, 2017, 03:30:03 PM
 #23

hallo guys, i am new to trading btc. and days before the bitcoin gold fork, i was advice to sell my btc (which i did) because it was suspected to drop in price few days to come. But surprisingly, from then till this very moment, btc has been on a continuous rise. now btc is at $7000+ and we are getting close to the next fork in mid-nov. DO YOU GUYS ADVICE I BUY BACK BTC AT THIS CURRENT PRICE OR WAIT for a possible drop in price?
You can see that the price of the bitcoin is now expensive. So, my advise is sell your bitcoins and do not buy bitcoins today. Before you buy bitcoins; wait for the right time that the price of the bitcoin will go dump.

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November 03, 2017, 03:34:09 PM
 #24

hallo guys, i am new to trading btc. and days before the bitcoin gold fork, i was advice to sell my btc (which i did) because it was suspected to drop in price few days to come. But surprisingly, from then till this very moment, btc has been on a continuous rise. now btc is at $7000+ and we are getting close to the next fork in mid-nov. DO YOU GUYS ADVICE I BUY BACK BTC AT THIS CURRENT PRICE OR WAIT for a possible drop in price?
I was speculating about the next correction. Bitcoin already increased a lot. If you are buying it right now you may bet on the next bullish news of the bitcoin. but you must try to check if there will be another positive news about the bitcoin. This will need the deep analyzation.
This is not easy like buy or not. Because that was relating to the best time to buy the bitcoin and you are taking the correct time.
My guess about another correction will come. If there will be another good news and the correction will be changing into the bullish trend. 45% wait and 55% buy. This is very difficult to choose.

sajjadkhan
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November 03, 2017, 03:37:17 PM
 #25

I believe alot of people here are giving some great advice. As you start your journey in this world, first of all welcome to some really exciting stuff. Smiley

I would recommend buy the dips that others have already mentioned. The BTC run is way above the trends seen from fundamental analysis perspective. As others said, there is an impending correction which is healthy for BTC.

Living the dream
Owillz (OP)
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November 03, 2017, 03:45:32 PM
 #26

hallo guys, i am new to trading btc. and days before the bitcoin gold fork, i was advice to sell my btc (which i did) because it was suspected to drop in price few days to come. But surprisingly, from then till this very moment, btc has been on a continuous rise. now btc is at $7000+ and we are getting close to the next fork in mid-nov. DO YOU GUYS ADVICE I BUY BACK BTC AT THIS CURRENT PRICE OR WAIT for a possible drop in price?
Before the next hardfork we are going to experience a drop in bitcoin pricing and maybe next week we would have a correction and within those times bitcoin will be fluctuating between $6500 and $7,500. However, any break out from these support and resistance will lead to another market direction. I will advise you to hold on before buy bitcoin because the time you buy a coins do matter and since we are expecting a pull back in price.

alright. Thanks
Owillz (OP)
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November 03, 2017, 03:52:56 PM
 #27

I believe alot of people here are giving some great advice. As you start your journey in this world, first of all welcome to some really exciting stuff. Smiley

I would recommend buy the dips that others have already mentioned. The BTC run is way above the trends seen from fundamental analysis perspective. As others said, there is an impending correction which is healthy for BTC.


ok. . . and also thanks for your welsome message. . . the correction is to bring it to around what level?? would like to pm you. can i??
hammerhart
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November 03, 2017, 04:15:56 PM
 #28

i sold my bitcoins around 5k after the fork assuming a correction XD well no i wait for the next dip to reenter;) hopefully below 5k Smiley
you never know what to expect:)
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November 03, 2017, 04:52:21 PM
 #29

I think at this time you should buy cause the hardfork is coming really close so try to buy as much as you can to claim free Bitcoin2x. If you still don't know which wallet or exchange support the upcoming hardfork I suggest you to use Coinbase web wallet Cheesy. Beside if there are no more hardfork I think you still should keep buying cause Bitcoin have a very good potential to get over 10k$
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November 03, 2017, 04:55:46 PM
 #30

I think the price still has some room to raise until the possible B2X fork,but after that we should see a pretty big dump in price and a lot of good altcoins should be pumped to the moon as they have accumulated many good news and developments so few of them are very undervalued at the moment.
amaral1977
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November 03, 2017, 05:01:32 PM
 #31

hallo guys, i am new to trading btc. and days before the bitcoin gold fork, i was advice to sell my btc (which i did) because it was suspected to drop in price few days to come. But surprisingly, from then till this very moment, btc has been on a continuous rise. now btc is at $7000+ and we are getting close to the next fork in mid-nov. DO YOU GUYS ADVICE I BUY BACK BTC AT THIS CURRENT PRICE OR WAIT for a possible drop in price?
if you are new to trading the best advice is HOLD. I wouldn´t short it because we all know its going to crash a little, but now one knows when and you can end up with less BTC. As for buying i´m planning to buy a little more on the next dip. When? i dont now, just looking at the charts on a daily basis.

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Dudeperfect
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November 03, 2017, 05:40:44 PM
 #32

As of now, I don't think it is worth to buy Bitcoin for the period of short-term as sudden surge in the price of Bitcoin is not organic in my opinion and I am expecting a correction in the price of it within next two months so there will be many opportunities to buy Bitcoin during that fall. However, if you are looking for the long term then there is always an opportunity anywhere below $10K if you can hold it for at least next 3 to 5 years from now. However, please do your own research before taking any investment decision.
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November 03, 2017, 06:12:15 PM
 #33

The long term trend is Bitcoin rising.

Keep Bitcoin now. Buy more steadily. Buy even more on a dip!

We may get a mid-November dip due post fork and a market correction, but resistance is already building on the old levels at $7000 and $6000.

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November 03, 2017, 06:16:57 PM
 #34

I think you should invest in BTC now. There is no doubt that The price continues going up in the future.  Wink
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November 03, 2017, 06:28:21 PM
 #35

As now bitcoin is getting popular day by day and irs price also increasing daily. As per me i think this is the time where you should start your bitcoins and sell them when you get maximum returns.

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November 03, 2017, 08:00:09 PM
 #36

I think you should hold unto your bitcoin,in business were price is rising every day, all you need do is keep investing except you have made it enough.
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November 03, 2017, 08:34:37 PM
 #37

Actually you can buy  Bitcoin anytime you have the capability. There is no time that is not good to purchase BTC. You can wait and buy when BTC drops below $5000 and then hold till when your target  is reached.
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November 03, 2017, 08:35:55 PM
 #38

of course you can buy   you can not see the future 10k $ is coming like winter is coming Smiley john snow see but other peoples can not see : we said now : buy and wait . see you next 3 later
Owillz (OP)
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November 03, 2017, 09:23:08 PM
 #39

As now bitcoin is getting popular day by day and irs price also increasing daily. As per me i think this is the time where you should start your bitcoins and sell them when you get maximum returns.

i have actually sold my btc when it was $5k my challenge now is not knowing whether to buy at this current btc price or to wait for it to drop below $5k before buying
Owillz (OP)
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November 03, 2017, 09:24:42 PM
 #40

of course you can buy   you can not see the future 10k $ is coming like winter is coming Smiley john snow see but other peoples can not see : we said now : buy and wait . see you next 3 later

lol. before it gets there i must have bought already
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