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Author Topic: Bitcoin has reached the $10,000, is now the time to sell up and move on?  (Read 1477 times)
ethereumhunter
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November 29, 2017, 11:23:26 AM
 #41

Hello!

I have come to an interesting article discussing if its actually time to sell your Bitcoin or not:
https://coinblip.com/blog/10000-stick-twist-bitcoin-hits-magical-mark/

But before that, let me congrats everyone who has been holding Bitcoin this year.... Congratulations!! Grin Grin Grin

Is now the time to sell up and move on?
Are we in a bubble? Think back to the US real estate bubble of 2006-2012, or the dot com bubble of 1997-2001. Bitcoin’s rise surpasses them all.


wow we almost reach $11k, the price now gives a good number $10.817 according to bittrex and the price still increases, maybe we can see $11k-$12k in this december. congratulations to people which selling their bitcoin and make a lot of profit. I'm selling my bitcoin too to make a profit and I am waiting the price is down as correction price. I hope we are not in a bubble and only down a little for correction price that will happen.

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November 29, 2017, 12:02:52 PM
 #42

The problem most people who simply held on to their BTC until now cant see is that in case there is a massive correction (which is not too unlikely altho the current trend says MOON) people wont get out in time

I mean some will for sure, but most wont - and simply lose value there.. Not saying BTC wont recover rather quickly if a correction happens, but most these holders wont be able to make profit out of a correction.

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November 29, 2017, 12:07:50 PM
 #43

Yeah, maybe it the right time for bitcoin this year because in short period of time bitcoin is bubble up in big amount of price. It is the perfect timing to buy or sell your bitcoin now because your money you invest on bitcoin will reached/gain high profit because of price rising of bitcoin.
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November 29, 2017, 12:09:34 PM
 #44

I've been holding since May, not a long time indeed, I was on the verge of selling (And have sold once or twice) at previous price peaks. It was truly astonishing to see Bitcoin reach $11.000 today. If you asked me one month ago, I would even bet that it wouldn't happen within 2017, I'm happy I was wrong. Just sent all my BTC to an exchange, planning to sell everything really soon.

 
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CuriousGeorge
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November 29, 2017, 12:11:27 PM
 #45

Yeah, maybe it the right time for bitcoin this year because in short period of time bitcoin is bubble up in big amount of price. It is the perfect timing to buy or sell your bitcoin now because your money you invest on bitcoin will reached/gain high profit because of price rising of bitcoin.
You mentioning that it's the period of bitcoin bubble, that's means that bitcoin could just exploding and gets dumped so hard right? I think you just complimenting bitcoin's price rising in a negative way.
But I must agree with your 2nd point, the price of bitcoin keeps on rising and there's no stop. mainly because limited supply and the growing of adopters.

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November 29, 2017, 12:20:33 PM
 #46

Hello!

I have come to an interesting article discussing if its actually time to sell your Bitcoin or not:
https://coinblip.com/blog/10000-stick-twist-bitcoin-hits-magical-mark/

But before that, let me congrats everyone who has been holding Bitcoin this year.... Congratulations!! Grin Grin Grin

If you really trust bitcoin and sees it's future potential then you should know that it is the best time to hodl the coin. The current price only means that more and more people is trusting bitcoin more and it is having a more brighter future.


Is now the time to sell up and move on?
Are we in a bubble? Think back to the US real estate bubble of 2006-2012, or the dot com bubble of 1997-2001. Bitcoin’s rise surpasses them all.


I don't think that bitcoin is a bubble it was already proven for so many times.

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November 29, 2017, 01:57:14 PM
 #47

Hello!

I have come to an interesting article discussing if its actually time to sell your Bitcoin or not:
https://coinblip.com/blog/10000-stick-twist-bitcoin-hits-magical-mark/

But before that, let me congrats everyone who has been holding Bitcoin this year.... Congratulations!! Grin Grin Grin

Is now the time to sell up and move on?
Are we in a bubble? Think back to the US real estate bubble of 2006-2012, or the dot com bubble of 1997-2001. Bitcoin’s rise surpasses them all.




It's up to you bro, but I wouldn't sell my Bitcoins now. I'll wait for it to reach $190k. It wouldn't be hard to get to that situation.
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November 29, 2017, 02:13:02 PM
 #48

Investors will always have a second thought when its comes to selling their bitcoin,the increase of bitcoin prize is encouraging investors of still holding on to their bitcoin rather than selling this is same reason why the prize is increasing.
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November 29, 2017, 02:15:59 PM
 #49

in my opinion this is the right time , sell your bitcoins now , we don't really know when will the bitcoin go down or go up , so while its high sell it , take the opportunity

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November 29, 2017, 02:16:27 PM
 #50

Investors will always have a second thought when its comes to selling their bitcoin,the increase of bitcoin prize is encouraging investors of still holding on to their bitcoin rather than selling this is same reason why the prize is increasing.
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November 29, 2017, 04:29:35 PM
 #51

I've been holding since May, not a long time indeed, I was on the verge of selling (And have sold once or twice) at previous price peaks. It was truly astonishing to see Bitcoin reach $11.000 today. If you asked me one month ago, I would even bet that it wouldn't happen within 2017, I'm happy I was wrong. Just sent all my BTC to an exchange, planning to sell everything really soon.

Indeed, no one really expected to see bitcoin trading with 5 digits this year!
Goodluck Smiley

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November 29, 2017, 04:58:35 PM
 #52

Hello!

I have come to an interesting article discussing if its actually time to sell your Bitcoin or not:
https://coinblip.com/blog/10000-stick-twist-bitcoin-hits-magical-mark/

But before that, let me congrats everyone who has been holding Bitcoin this year.... Congratulations!! Grin Grin Grin

Is now the time to sell up and move on?
Are we in a bubble? Think back to the US real estate bubble of 2006-2012, or the dot com bubble of 1997-2001. Bitcoin’s rise surpasses them all.




It's up to you bro, but I wouldn't sell my Bitcoins now. I'll wait for it to reach $190k. It wouldn't be hard to get to that situation.

why do you think it could go up to $190k ?

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November 29, 2017, 05:51:19 PM
 #53

If $11 000 per Bitcoin is your life goal, just sell it now. But so far there are no sign that Bitcoin price will stop to rise, so maybe in future you will regret for your decision. Offcourse, price correction can came soon, but it'snormal thing and you shouldn't be worried about it much. I think we can call current situation as a bubble, but i think it's different from your mentioned examples.

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November 29, 2017, 05:56:26 PM
 #54

If you are looking for the short term then I don't see any such exit opportunity like this rally. However, it will be a huge loss considering the long-term growth potential and hence I wouldn't sell my holdings as I am expecting exponential performance in the long run but if you can't resist yourself to hold even in the worst case scenario then it is a better time to do so in my opinion but as I said, it will be a point of regret after 5 or 10 years.
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November 30, 2017, 03:33:32 AM
 #55

A few hours ago we saw a strong sell-off pressure that dropped bitcoin to $9200...

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November 30, 2017, 03:40:48 AM
 #56

Bitcoin isn't about changing back to fiat to "earn profits". Bitcoins are money. If you're selling a better kind of money for the old kind of money you're clearly missing the big picture. If you walk into your bank tomorrow and they tell you you can't withdraw your funds, guess what. YOU CAN'T WITHDRAW YOUR OWN MONEY! Stop trusting random people with your money!!! It's YOURS! Own it!
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November 30, 2017, 04:52:36 AM
 #57

Bitcoin isn't about changing back to fiat to "earn profits". Bitcoins are money. If you're selling a better kind of money for the old kind of money you're clearly missing the big picture. If you walk into your bank tomorrow and they tell you you can't withdraw your funds, guess what. YOU CAN'T WITHDRAW YOUR OWN MONEY! Stop trusting random people with your money!!! It's YOURS! Own it!

But the only reason Bitcoin is reaching these numbers is that most people think it's an investment tool rather than a medium of exchange.

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November 30, 2017, 07:39:02 AM
 #58

If you are a trader then lock in profits and sell Bitcoin at 10,000-11,000. Then buy it on the declines in the area of 8500 - 8000.
If you are an investor, then best of all to hold bitcoin.

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November 30, 2017, 07:43:01 AM
 #59

After the flash crash yesterday it might be a good time to accumulate and buy more. Then sell at $11.000 or higher for a nice profit.  Wink

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November 30, 2017, 07:45:11 AM
 #60

If you are a trader then lock in profits and sell Bitcoin at 10,000-11,000. Then buy it on the declines in the area of 8500 - 8000.
If you are an investor, then best of all to hold bitcoin.

lol but the experts are now predicting $100,000 - https://coinblip.com/blog/bitcoin-some-experts-predict-100000/

People need to wake up, otherwise, the bubble will be uncontrollable

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