Sell your bitcoin NOW. November 8, 2017

[coin_1122]

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.

Bitcoin price is unpredictable and the price of Bitcoin price increases suddenly during previous forks also. So I would not suggest people to sell them right now, after fork there are chances the price of Bitcoin will reach even higher value.

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[moonblocks]

I doubt there's any need to panic just yet

You'd think the price would fall after the fork not before

Goldman Sachs forecast a price of $7,900 which has yet to be reached

[jerowacik]

I doubt there's any need to panic just yet

You'd think the price would fall after the fork not before

Goldman Sachs forecast a price of $7,900 which has yet to be reached

yesterday had a decline, but only a few hundred dollars and it is a normal thing. my suggestion is better to wait because the rising Bitcoin price opportunity will happen again. Never be afraid to try to buy Bitcoin and do not ever panic sell because then the price of Bitcoin may decrease. we must continue to try to use Bitcoin for the creation of a competitive and ever-increasing price of Bitcoin.

[baundul]

It's hard to predict when the price of Bitcoin will rise and when it will decrease. If anyone buys Bitcoin at a low price then he will be able to sell it now. Like trading But Bitcoin can make stocks and profit. Because the price of Bitcoin is increasing. It can not be said that the price will not be 10,000 in the year 2018.

[wilhb81]

First of all, thank you very much for your advice, OP. However, I didn't see any solid reason, why I need to sell my Bitcoin now since I'm a long-term investor myself.

Maybe, Bitcoin will retrace further until $5K support level - if it reaches there, I will buy more without any hesitation

[traderethereum]

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 think if you want to sell bitcoin, you can do it yesterday because i think the lower price is happen yesterday when the price reach $69xx and now the price is trying to increase back although there is possibility for the price to gets down again in next week. we don't know what will happen if the fork is coming and sometimes we are missed to used our strategy to buy or to sell. but if we can following the trend from the markets, then i think we can make important decision to sell now or to buy again now.

[suvo05]

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

Btc is back to 7400$ again. I don't think people are thinking of selling it now. They at least thinking hold their bitcoin until the upcoming fork.

[Mr. Legendaris]

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

Btc is back to 7400$ again. I don't think people are thinking of selling it now. They at least thinking hold their bitcoin until the upcoming fork.

We are glad, it seems that segwit2x is not very influential, luckily I still keep my bitcoin so I still get a huge profit because now the price is past $ 7500 and it looks like next week the price will reach $ 8000.

[alyssa85]

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!

The fork is next week! It's on November 16th.

I do think we'll see a sell-off in a few days. This fork is different from the bitcoincash one in that there is no emergency difficulty adjustment, so the chain teh miners choose will be the winner and the other chain will struggle badly to get any blocks mined at all.

[xtimus]

It's looking like a double top around $7500. I don't think we will go past $8000. Maybe come close but considering it takes some time for people to get money in or to receive BTC from say Coinbase, most may not be buying a few days before the fork unless they have money in already.

If majority are already thinking about selling it post fork, some whales may play safe and sell a bit earlier.

[lumeire]

IMO the price is too high already, I'm afraid it might pop down so suddenly anytime soon. While that's the worst case, it's definitely possible. Hard to know if it's still natural demand or just people panic buying that's causing this.

[BitHodler]

it seems that segwit2x is not very influential, luckily I still keep my bitcoin so I still get a huge profit because now the price is past $ 7500 and it looks like next week the price will reach $ 8000.

How can you say that S2X doesn't have much importance? It's by far the most important event of the last years, but yet you fail to understand this. This says a lot about what kind of people we have to deal with here.

And how exactly is the price going up $500 (from $7500 to $8000) considered to be a huge profit? Do you even have a whole Bitcoin? If not, then the profits you'll potentially be making will be far lower than $500.

Instead of writing S2X off so easily, just wait for the fork to take place this month, and then start talking. Instead of the "huge" profit you assume to get, you'll be dealing with a HUGE downward movement.

[arpon11]

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

Nice advice but what are your basic reasons why we should sell our holding now? I think there should be technical reason why corrections should take place in the first place. The bitcoin's price has been trending within  $6985 and $7580 for the past three days and  since it did not break the either I will expect us to wait until there is a break out either upward or downward. Don't just sell because price has over go up and vice vasal and don't just buy because price is going down but get reason why you are buying.

[Magic Sarap]

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

How sure are you? Also, it will stoll depend to the holders whether they will sell it or not. Good advice still, But I highly doubt that they will sell it because they are already expecting that the market value will be more expensive after the hardfork. These assumptions are what making them to hold their Bitcoin more.

[Bustart]

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

Nice advice but what are your basic reasons why we should sell our holding now? I think there should be technical reason why corrections should take place in the first place. The bitcoin's price has been trending within  $6985 and $7580 for the past three days and  since it did not break the either I will expect us to wait until there is a break out either upward or downward. Don't just sell because price has over go up and vice vasal and don't just buy because price is going down but get reason why you are buying.

Sorry but I am not agree that it is now the right time to buy bitcoin. Though it is currently in a higher price but still keep my bitcoin in my wallet and wait for much higher price before to sell it. I believe that bitcoin has a potential and can survive many more years to go and can reach more than the price today. For me, it doesn't need to sell if I don't need cash. I rather keep it in my wallet and used it for future investment.

[onrise]

Holding is actually giving some good returns. It has crossed 7500$ already and moving upwards making some new high in this week is possible. I think the fall if it happens will be big unless people or some big players buy more before the fork take place will yield more benefits to all the investors in their coins and keep holding them.

[pedrog]

I wouldn't risk shorting bitcoin, there's too much momentum right now, it's better to stay away from trying to make short term gains, you'll probably get REKT, and just keep holding.

[DarkIT]

well, selling bitcoin is currently very profitable, and I think it would be very dangerous if bitcoin prices drop in drastically. So, selling some of the bitcoin you have may be a very good decision.

[LFC_Bitcoin]

OP, we are all aware that there might be a dump around the time of the fork, most of us have been around here long enough to have strategies in place.

You don’t need to start a whole new thread.

By the way after a short period of time after BCH went live the Bitcoin price increased by a substantial amount so HODLING is as good as trying to be clever trading around the time of a fork.

[marcuslong]

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

Why to sell? if the price just fall then fall you don't need to make panic of the people to sell their bitcoins let them decide for their own as i see the coinmarketcap will increase the price of bitcoin as the moment the price is increase as i can see in the graph and yet it will reach 8000 i don't say beleived me but i can see the real potential in it. Just hold and wait for the big suprises of bitcoin.