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Author Topic: BTC HOLD or SELL?  (Read 2867 times)
JoMarrah Iarim Dan
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December 07, 2017, 02:52:19 AM
 #41

I have 70 BTC now (average price 7500 USD)

HOLD or SELL

I`m very worried about Bitcoin Cash.


At your rank you already have 70 BTC ?  Wow. You do trading or mining? If signature campaign that is impossible.

70 BTC? Seriously? What a rich person.  If I were you, I will just hold it than sell it. Bitcoin is growing so fast each day and I am very surprise that it is now 13K USD. But according to what I have read bitcoin already hits 14K USD. It only means that as the price of bitcoin grow, your earn profit and since it grow fast you earn fast.

About the bitcoin cash? What are you worrying about? Its price? That it may pass bitcoin on the days or months to come since it already passes ethereum? Well I think you have nothing to about. Up to now bitcoin is still the number one and the leading crpytocurrency.

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December 07, 2017, 03:31:36 AM
 #42

I have 70 BTC now (average price 7500 USD)

HOLD or SELL

I`m very worried about Bitcoin Cash.

its up to you mate. Cause its your money.  But for me i not gonna sell it right now cause bitcoin still increasing and now bitcoin value hit 14k we are now heading to 15k so no doubt about it cause  We can noticed if bitcoin value goes down.  Just stay updated and seek some new about bitcoin growth rate if you worrying about the drop.  Then you can sell it right away when you notice that bitcoin value decreasing.
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December 07, 2017, 03:31:44 AM
 #43

if you not sell your bitcoin yet, you should keeps hold your coin or you may sell a part of your bitcoin.. today bitcoin reaches the highest price ever, it's really amazing.. you will became the rich person because of bitcoin..
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December 07, 2017, 03:40:29 AM
 #44

Have you been holding your Bitcoins? It is now at 14000 US dollars mark. Price of bitcoin is very volatile that you should observe its trend if you wanna profit a lot in the crypto world. You should hold if you think that it will still pump.

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December 07, 2017, 05:22:53 AM
 #45

Well, since the average purchase price is around $7K, you are already in profit so technically you can take the risk at this stage considering the earned profit and current market levels. Even in the worst case of 50% correction, your capital amount would remain the same thus I would recommend holding for the long term. However, if you are looking to liquidate your investment then you can do that through systematic withdrawal plan.
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December 07, 2017, 05:28:25 AM
 #46

I have 70 BTC now (average price 7500 USD)

HOLD or SELL

I`m very worried about Bitcoin Cash.

As price already crossed 10k$ , so you can understand what may be more chances for the bitcoin price . As the price already crossed this limit , so here we can expect that the price of the bitcoin will not get back to $10k/btc because this is my natural analysis style that never get fails , so here you should not sell your bitcoin .
And also another reason here is that new forks are coming , so if you can have bitcoin in your wallet then surely you will be Able to make money by holding bitcoin in your wallet by equal amount after fork , that will be free money .
So think yourself and make right descion for yourself otherwise you will not make much money than what you will get by selling your btc directly .
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December 07, 2017, 06:20:49 AM
 #47

Well, since the average purchase price is around $7K, you are already in profit so technically you can take the risk at this stage considering the earned profit and current market levels. Even in the worst case of 50% correction, your capital amount would remain the same thus I would recommend holding for the long term. However, if you are looking to liquidate your investment then you can do that through systematic withdrawal plan.

Given that the guy owns 70 bitcoin at 7k each average then he obviously already has a substantial level of wealth and so most of our inputs aren't so valid. Going from 500k to 1m isn't so critical. I would say you touched on the important thing that is that if he wants to withdraw it should be strategic and it shouldn't be an all or nothing decision.

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St4yInTh3D4rk
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December 07, 2017, 06:25:51 AM
 #48

I have 70 BTC now (average price 7500 USD)

HOLD or SELL

I`m very worried about Bitcoin Cash.

As price already crossed 10k$ , so you can understand what may be more chances for the bitcoin price . As the price already crossed this limit , so here we can expect that the price of the bitcoin will not get back to $10k/btc because this is my natural analysis style that never get fails , so here you should not sell your bitcoin .
And also another reason here is that new forks are coming , so if you can have bitcoin in your wallet then surely you will be Able to make money by holding bitcoin in your wallet by equal amount after fork , that will be free money .
So think yourself and make right descion for yourself otherwise you will not make much money than what you will get by selling your btc directly .

By today's rate he already doubled his investments I hope he is still holding that 70 bitcoins.I think this is just the start of bitcoin price journey so it will reach moon soon,so it is better to hold our bitcoins then trade or investing on ICOs.

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December 07, 2017, 06:38:09 AM
 #49

That's a lot of btc, if this is true i can think that the OP is still holding those btc as the price today is still surging  Cheesy
He will have a lot of money after he trade all of it for sure.

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December 07, 2017, 07:18:25 AM
 #50

Just hold your bitcoin wait until the end of this year because investors are aiming for the price to reach 20000$ then sell or just sell bitcoin when you need money.

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December 07, 2017, 07:25:21 AM
 #51

I agree with that you have to hold your bitcoins however don't sell until it show a sign that it will going to have big dive.
How to predict the big dive?
History will keep repeating itself thus in time of fork there will be a big dive.
Study also about technical and fundamental analysis it will help you predict prices.
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December 07, 2017, 07:39:14 AM
 #52

It's funny how a person can obtain large amounts of Bitcoin yet they don't know how to have their own exit plan. Now assuming that if you really have 70 BTC in your wallet wouldn't it be bad for you to listen someone else's advice that came from the internet? As you will receive a lot of different answer for just one question. If I were you I'll start to study technical analysis and at the same time create my own strategy from buying to selling in order for you to become an independent trader.

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December 07, 2017, 07:40:38 AM
 #53

I have 70 BTC now (average price 7500 USD)

HOLD or SELL

I`m very worried about Bitcoin Cash.

You earned huge amount by now if you still hold your bitcoins, the current price is $14k and still increasing every hour.

I monitor the price and i was skeptical at first if the value will increase because of the dips happened recently. But with the current state of btc it already surpassed my expected amount of it this month which is $10k.

Just keep holding because the value will surely rise in the coming years.

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December 07, 2017, 07:50:21 AM
 #54

because i have to make it with the bitcoin hold you really need to sell it and I'm going down the price of bitcoin you also need it again to make it big, just like trading it will make you really sure you should have a bitcoin hold so you make a big deal, because I have to make it sooner and the bitcoin increase is less than you would expect the oppurtunity that the next day will increase its price and double the return on your investment.

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December 07, 2017, 07:52:49 AM
 #55

I have 70 BTC now (average price 7500 USD)

HOLD or SELL

I`m very worried about Bitcoin Cash.


Is that true? You own 70 BTC? Where did you get that ? If you know how to earn that big amount for sure you also know what would be the best for you money. HOLD or SELL a simple question but has a big consequence.

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December 07, 2017, 07:59:34 AM
 #56

It's funny how a person can obtain large amounts of Bitcoin yet they don't know how to have their own exit plan. Now assuming that if you really have 70 BTC in your wallet wouldn't it be bad for you to listen someone else's advice that came from the internet? As you will receive a lot of different answer for just one question. If I were you I'll start to study technical analysis and at the same time create my own strategy from buying to selling in order for you to become an independent trader.

you know most of us are also experiencing that kind of problem , not just op because bitcoin is really confusing and its really hard to decide whether you should still hold or sell it but yet 70 btc is already a big amount just by basing on todays current rate of bitcoin therfor i suggest to op is better if he can just withdraw it immediately or as early as possible before the value of bitcoin can go back down again. also it wont really hurt that much if he see's a significant price surge after he  sells his coins because he already made a big profit from that said amount. so better safe than sorry.
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December 07, 2017, 08:04:36 AM
 #57

haha, Selling it now means you have 100% profit. That is too amazing. Btw, you also continue hold it for 2018. Maybe the profit is 200x, 300x

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December 07, 2017, 08:12:42 AM
 #58

That's a lot of btc, if this is true i can think that the OP is still holding those btc as the price today is still surging  Cheesy
He will have a lot of money after he trade all of it for sure.
We can't be sure if OP still holds his bitcoin or even has 70 BTC before starting this thread. If he does then good for him.

It's funny how a person can obtain large amounts of Bitcoin yet they don't know how to have their own exit plan. Now assuming that if you really have 70 BTC in your wallet wouldn't it be bad for you to listen someone else's advice that came from the internet?
If I have that much bitcoin I won't be asking that kind of question. He could be curious and wants to know what would people do if they
have such amount in their wallet.

why you care about bcc?
OP might be holding some bcc too since he have 70 btc.

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December 07, 2017, 08:13:26 AM
 #59

It's up to you. Though many people forecast that BTC will rise to $20000 or more, who can make sure it won't decline? It's hard to say. I suggest that if BTC makes you win what you expected before,  then you can sell them. Of course, if you are positive, you can hold it.
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December 07, 2017, 10:31:05 AM
 #60

i think still bitcoin price is increasing we need to hold our bitcoin for right time when the rate cross 25$ then you need to sale your bitcoin because at that time you can get huge profit if you have a number of bitcoin but remember that it is not must you can also sale now if you can understand that you can earn profit by selling now.
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