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Author Topic: $11k - when do you sell  (Read 3226 times)
bocyaj
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November 29, 2017, 05:33:41 PM
 #21

Hi,

The question is simple in fact: if you sell now, are you making a profit?

If so, then you can sell. Of course, your profit is potentially higher if you wait but it can also be absorbed in a sudden drop in prices. So sell when you are making a profit and buy when you think the price is low enough for you to make further profits.

Avoid waitng too long and you will avoid most huge losts.  Roll Eyes

You have the answer for your question.You need of money now and you ok with today price ,then sell it.Don't make other to decide your life.
Your life ,your wish ,your mistake/your bright move fully based on a single move.So to me it's ok to sell the bitcoin.I had brought it when the price was 8000$.If I sell means,I will get nearly 1500$ as a profit because i had brought 0.5 Btc.
HiringYou
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November 29, 2017, 05:57:08 PM
 #22

I think it can be the right time to sell. 11000$ is very high price so selling your bitcoin's at this price will always be profitable .It is just a matter of choice.If your are satisfied by the  amount of profits that you will get after selling it at this price then you should sell .If you want to earn more profits then keep holding your bitcoin's and wait for the price to rise more.
thedarksun
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November 29, 2017, 06:01:16 PM
 #23

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!
I am totally against this type of thinking, iam just a guy which know that buying it after some pumps will give opportunities to earn lot more in future after some time of hodl.
MiningBattalion
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November 29, 2017, 06:12:02 PM
 #24

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!
I am totally against this type of thinking, iam just a guy which know that buying it after some pumps will give opportunities to earn lot more in future after some time of hodl.



Bitcoin is a digital currency system and it is a online transaction process and it rate was increased day by day at now the bitcoin rate was $10645 and it Cross $11000 still tomorrow and wait for some time and much rate increase that time only we need to sell bitcoin.
lighpulsar07
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November 29, 2017, 06:19:32 PM
 #25

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!
Hmmmm. No because if you sold your bitcoins right now at this price, it could be result on regrets and you might say why i sold it? Since it's very uncertain at this point when the crash happening or it will just continue to rise so, selling isn't good right now plus the bitcoin is very expensive to just buy it. I will continue to hold on to my bitcoins until it reaches to 20k
aftab.436
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November 29, 2017, 06:30:54 PM
 #26

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!
Hmmmm. No because if you sold your bitcoins right now at this price, it could be result on regrets and you might say why i sold it.

If i have bitcoin i will sell it when the rate hit the $15 k, and the possibilty is that bitcoin hit $15k in the next 3 month. bitcoin is rising very fast in the value in market. the reason behind the rising is the limitation of the bitcoins in the market while the demand of the market is rising day by day.
bribed
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November 29, 2017, 06:33:20 PM
 #27

I keep monitoring prices closely these days, if it starts dropping I will sell, but only to enter again at a lower level. I have no exit point set so far as price is moving up more and more.
gatti
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November 29, 2017, 06:41:33 PM
 #28

Hi,

The question is simple in fact: if you sell now, are you making a profit?

If so, then you can sell. Of course, your profit is potentially higher if you wait but it can also be absorbed in a sudden drop in prices. So sell when you are making a profit and buy when you think the price is low enough for you to make further profits.

Avoid waitng too long and you will avoid most huge losts.  Roll Eyes

You have the answer for your question.You need of money now and you ok with today price ,then sell it.Don't make other to decide your life.
Your life ,your wish ,your mistake/your bright move fully based on a single move.So to me it's ok to sell the bitcoin.I had brought it when the price was 8000$.If I sell means,I will get nearly 1500$ as a profit because i had brought 0.5 Btc.

Everyone has it own aspect to sell.In Bitcoin ,you have a freedom to sell and buy.You can sell when ever you want.Three days before I had sell y bitcoin for 8700$.Now it's 11,000$ ,so it is loss for me.For my decision I had loss,so avoid of panic selling is my suggestion.
CryptosapienZA
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November 29, 2017, 06:45:40 PM
 #29

I am planning to sell at 100k. For now I am just busy obsessing about accumulating as much bitcoin as I can.
Sadlife
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November 29, 2017, 06:48:47 PM
 #30

I know selling now can make a good amount of profit but the price might get even higher. I think bitcoin can even reach $14000 - $24000 because many companies started to invest in it like the CME group. There is a saying that patience ia virtue so better wait and see what happens.

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bhantom
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November 29, 2017, 07:50:50 PM
 #31

It depends how many bitcoins you have. If you have few or dozen this coin you can sell a few from all and wait a long time when price will be bigger for your coins
Lampaster
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November 29, 2017, 08:21:09 PM
 #32

After reaching $ 11,000 all the people began to sell coins. We saw the fall of 2000 dollars for 1 hour. This is a very big leap and it could provoke panic. But I am sure that by tomorrow the price will return to $ 11,000. Maybe the price will be above $ 12,000. Now when bitcoin price is so high we see such swings constantly.
Hazaki
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November 29, 2017, 08:36:29 PM
 #33

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!
John McAfee , the McAfee antivirus company owner and who has a huge fortune in bitcoin has declared today on his official twitter account that he predicted a year ago that bitcoin will hit the 500k bar per coin by the end of 2020 by using a model that was putting 5k as the 2017's goal , but now as bitcoin has achieved the 10k bar by 2017 ( and made something near 900% of growth in just 10 months ) .
The guy knows what he's saying and is now predicting that bitcoin will be at a value of 1 million dollars per coin by the end of 2020 and he even said that he'll eat his genitals of he's wrong XD .

So with such declarations from people that are highly into this field and already made fortunes out of it , i'm certainly holding whatever funds i have and will try to invest as much as possible in bitcoin especially , and Ethereum also because it's just an amazing coin that i have a strong feeling it'll be on the path of bitcoin very soon .

Price correction or not , HOLD YOUR FUNDS !
TheKubizz
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November 29, 2017, 08:36:43 PM
 #34

I'm not going to sell in the nearest 5 or so years or when I will be in a big need of money. I keep putting money in crypto on monthly basis. Same amount every month, doesn't matter if BTC is at 1000 or 10000$ I'll buy it and store it. As for now speaking I'm over 200% of value put. Not sure if it will keep going up and won't crash. But I invest only as much as I can handle to lose and don't worry about it at all. It's just there in any case.
riderinred
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November 29, 2017, 08:57:09 PM
 #35

For turning trade profit its probably a great time to sell.
However for all cryptos 2018 will be huge. Wouldn't surprise me bitcoin reaching 50k in 2018.
perhaps, monitoring the current price is really a good thing. it could be bitcoin prices rose to more than $ 11k in the near future. but, if you want to sell it, I think it's also a good decision, because it can minimize the risk.

I really hope that we do not see 50k in 2018.
Look at the alts, what BTC did to them. If this trend continues many projects may die or we will see a truly ludicrous alt season when BTC stops.

For the moment I hope that alts return in 2018 and not BTC going on.
But one never knows, it's crypto after all...

You are your worst enemy and your best ally.
I am just some guy with a keyboard.
kier010
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November 29, 2017, 10:50:36 PM
 #36

just be active in monitoring the price so when price dump you can sell if you want profit but it is better to hold and wait. bitcoin has a long way to go so waiting is good.
Koadharber
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November 29, 2017, 10:55:26 PM
 #37

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!
I did able to sell on $11k price which i did able to make profits on shorter time frame since im an active trader i do see that those points are the sweetest spot to sell to secure profits and did able to buy back on $9800 price and sell off when price jumps again on 10200 just recent few hours ago. If you do actively ride on price movements and as an active trader you would able to make some serious cash on here.My bitcoins is allocated on two things one for short trading and one is for long term.

rockyboy
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November 29, 2017, 10:56:37 PM
 #38

Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!


I don't know what will be my decision for now but i am still holding my bitcoin at the moment and continue monitoring the flow of the market price.

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kyxap
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November 29, 2017, 11:02:24 PM
 #39

I think it's not bubbling and we will have price 10-11k from now to february, after we get some correction and next step will growth tothemoon, in my mind. Wink

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Rebldomakr
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November 29, 2017, 11:13:43 PM
 #40

In my opinion, you should most definitely hold until at least the end of the year, perhaps making small withdrawals and contributions every so often to keep you from going stir-crazy!

If ever in doubt, turn off your screen and wait a couple days.
Almost all conundrums blow over in that amount of time, and you'll most definitely see profit.
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