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Author Topic: Sell your bitcoin NOW. November 8, 2017  (Read 3503 times)
timikulit (OP)
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November 08, 2017, 12:37:14 AM
Last edit: November 13, 2017, 12:20:31 AM by timikulit
 #1

I fruitful advise to all,

You need to sell your bitcoins now. This is because the btc is about to correct its price.

Dont wait for 8000 usd price btc will not reach that price yet.

After price correction, buy btc again.

BTC Price at coinmarketcap = 7,126.02 USD / BTC


Update * November 11, 2017 = 6,600 USD / BTC

Update * November 13, 2017 = 5,998 USD / BTC


This is only an advise not a recommendation, the decision is up to you. Good luck  Wink

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November 08, 2017, 12:43:17 AM
 #2

Lol...why would you say that OP? Because of the fork thats about to happen?

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howard.ashoul
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November 08, 2017, 12:45:43 AM
 #3

Actually I'm thinking about buying more BTC.  Wink

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November 08, 2017, 12:47:49 AM
 #4

I fruitful advise to all,

You need to sell your bitcoins now. This is because the btc is about to correct its price.

Dont wait for 8000 usd price btc will not reach that price yet.

After price correction, buy btc again.

BTC Price at coinmarketcap = 7,126.02 USD / BTC

Since the price has been bouncing around 7,000 to 7,600 I think the price will go down to about 6,500 in a few days.

Usually when we stop seeing huge price spikes upwards within a 24 hour period it means the whales have already bought in and are slowly selling their coins.

They start pulling their buy orders out and let the price fall because the buy walls aren't there any more to stop if from going down slowly. Eventually it triggers the bots who auto sell at a certain price.
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November 08, 2017, 12:47:58 AM
 #5

I think $8000 will be easy to get there. Now the market will hold in bitcoin, at least in the month before the end of the fork, people will hold bitcoin. Everyone wants free candy!
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November 08, 2017, 12:53:01 AM
 #6

I think $8000 will be easy to get there. Now the market will hold in bitcoin, at least in the month before the end of the fork, people will hold bitcoin. Everyone wants free candy!

Actually, the OP giving a signal for a certain dump will occur since hard fork will end soon and those people that only bought BTC for free coins when split will already sell their BTC because they are already on profit considering the high price of BTC at this moment, But I'm not saying that you must sell now, But expect sooner or later that dump will happened on BTC. It's up to you if you want to hold or sell.  Roll Eyes
timikulit (OP)
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November 08, 2017, 12:54:55 AM
 #7

Lol...why would you say that OP? Because of the fork thats about to happen?
Because 8000 is a barrier and we should expect some dips until the hit.


yes your right. Thru technical analysis the btc price is about to go down now.

and also Goldman Sachs says that btc is about to reach 8000 mark. so becarefull


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November 08, 2017, 01:01:28 AM
 #8

Actually I'm thinking about buying more BTC.  Wink


I think the OP is right, it's the time to sell BTC.
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November 08, 2017, 01:05:25 AM
 #9

Lol...why would you say that OP? Because of the fork thats about to happen?
Because 8000 is a barrier and we should expect some dips until the hit.

You can't make sure it's resistance point or a barrier for bitcoin. People in the past, told the same thing for 3k-4k-5k-6k-7k levels too, but bitcoin poped those so called barriers within hours.

Please don't make others confused on bitcoin's price rally.
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November 08, 2017, 01:07:21 AM
 #10

yes, I agree with you, it's time to sell bitcoin before it comes fork, because if it sells after fork the possibility of bitcoin price will go down and will go back up in a long time.
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November 08, 2017, 01:09:34 AM
 #11

Ahh..if ppl were able to predict BTC, trend, direction, they’d be super rich.. the truth is none can predict that.. what ppl can try to do is convince noobs to dump BTC so they can grab it at cheaper price..it’s an old trick that experienced traders use to grab some cheap coins
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November 08, 2017, 01:10:42 AM
 #12

Actually I'm thinking about buying more BTC.  Wink


I think the OP is right, it's the time to sell BTC.


Why? What is the reasson behind your opinion?

Last hardfork went very well for me!

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November 08, 2017, 01:50:01 AM
 #13

I fruitful advise to all,

You need to sell your bitcoins now. This is because the btc is about to correct its price.

Dont wait for 8000 usd price btc will not reach that price yet.

After price correction, buy btc again.

BTC Price at coinmarketcap = 7,126.02 USD / BTC

I would actually do the opposite. I would buy now to get more of that forked coin, transfer that forked coin over to bitcoin right after the fork and sell sell sell the forked coin as soon as possible. It gives you a chance of picking up that extra bitcoin and then converting before any kind of major drop. Will end up with you coming out positive. It honestly doesn't make sense to sell right now unless you don't plan on doing anything with the forked coin.

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November 08, 2017, 01:57:11 AM
 #14

^ I don't think we are on the same boat, as far as i know, there will be no FORKED COINS or 1 BTC- 1 B2X I am not sure either, i just know that exchanges will pick what chain and coin would be called the Bitcoin, am i right? but as of now, I am thinking of sending my bitcoin to web wallets to exchange it to fiat.

timikulit (OP)
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November 08, 2017, 02:13:14 AM
 #15

^ I don't think we are on the same boat, as far as i know, there will be no FORKED COINS or 1 BTC- 1 B2X I am not sure either, i just know that exchanges will pick what chain and coin would be called the Bitcoin, am i right? but as of now, I am thinking of sending my bitcoin to web wallets to exchange it to fiat.


I think the best way is to withdraw only 30 - 50 % of your portfolio and leave the remaining to purchase some good altcoins.

We all know that when bitcoin price is on correction alts are pumping up. Just select a stable altcoin.

Im rooting for this following altcoins :

NEO
Lumen
OMG
Syscoin


player514
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November 08, 2017, 02:24:19 AM
 #16

^ I don't think we are on the same boat, as far as i know, there will be no FORKED COINS or 1 BTC- 1 B2X I am not sure either, i just know that exchanges will pick what chain and coin would be called the Bitcoin, am i right? but as of now, I am thinking of sending my bitcoin to web wallets to exchange it to fiat.

Interesting. I was under the impression that there would be a forked coin that exchanges would allow onto their systems. It seems like in that case it would definitely make sense to sell sometime around now as we will probably still see some kind of drop after this bubble. I hate that there is so little information available about these forks. Seems like more of an attack on bitcoin than anything else.

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November 08, 2017, 02:48:09 AM
 #17

I fruitful advise to all,

You need to sell your bitcoins now. This is because the btc is about to correct its price.

Dont wait for 8000 usd price btc will not reach that price yet.

After price correction, buy btc again.

BTC Price at coinmarketcap = 7,126.02 USD / BTC

Oh no! We will have an Elliott wave 5 and then we will slowly go back to like... two weeks ago.
That will kill me Tongue
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November 08, 2017, 03:23:27 AM
 #18

I agree with OP for most of the part, but I don't want to sell BTC just yet because of the upcoming fork. Why would anyone sell right before the fork, IMO selling right after the fork makes a lot more sense.
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November 08, 2017, 04:13:52 AM
 #19

I suggest to to those people have bitcoin in their wallet right now it's better if you hold your bitcoin even they have fork because even if bitcoin price decrease for sure it will increase again after few days or it will recover again. Dont be panic . Keep buying bitcoin with your extra money and for sure you will earn a lot of profit in the future.

 
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November 08, 2017, 05:21:45 AM
 #20

I fruitful advise to all,

You need to sell your bitcoins now. This is because the btc is about to correct its price.

Dont wait for 8000 usd price btc will not reach that price yet.

After price correction, buy btc again.

BTC Price at coinmarketcap = 7,126.02 USD / BTC

Good advice. Though i can see that after this current dip the price will likely head upwards again before a huge dump that drives price downwards. Doesn't really hurt to have some BTC remaining in your portfolio since in my opinion BTC will likely head up to $10k this year.

But right now, a big correction is definitely due as you said.

Buy when price goes down to 5-6k per coin. Sell at $8-9k.

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