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Author Topic: $11k - when do you sell  (Read 3214 times)
SaShiRaJaVu
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December 02, 2017, 11:23:43 PM
 #121

$11k is huge amount for Bitcoin price i do not expect that, but so I better to sell right away all my Bitcoin and wait then to buy it at a cheap price later.
If the majority of bitcoin holders thought the way you were thinking we would have seen a correction by now,even with the price moving higher there was no major correction and people are not selling like they did in the past,when we used to touch thousand dollars we could see massive selling but now no one is selling like that and the price keeps on climbing. Roll Eyes
Question123
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December 02, 2017, 11:42:01 PM
 #122

i always have my own plans and the target of my investment. Based on the market and numbers, i will sell out amount of my bitcoin when the price reaches to 12k and i will holding the rest to waiting for the next wave. Many people go panic of bitcoin's price and sell out as much as they can when the price falls, this is a good time for me to buy in. People should have their own plans for investment and try hard to reach the target of those plans.
Your target selling is good. The better gonna do if your target price already reach that better sell only the half and hold the other Half incase the price increase more. Because if you sell all your bitcoin and bitcoin increase more you lose some profit . Better if you have plan like plan A and plan B .  My atrget price already reach brcause it's 10k dollars and next is 15k or 20k dollars.
awawo
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December 03, 2017, 12:23:23 AM
 #123

It all depends on the angle you are looking at from, while to some bitcoin holder they can sell off they bitcoin once they make little gain on it. And some others will prefer to wait till they desired profit is reach before they may consider to sell.
But at this point my advice is to hold for a while after all there is every tendency that the price of bitcoin will continue to rise it may even be $15000 before December ending.
howtomine
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December 03, 2017, 12:54:40 AM
 #124

I think now is a good time to sell and buy back cheaper.

I'm sure there's plenty of people who paid alot less for these and want to cash in I know I would.
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December 03, 2017, 01:07:35 AM
 #125

According to current predictions bitcoins is going to reach all time high near the mid of December thus I thi this will be the right time to sell and right now its really a great opportunity to invest in bitcoins it will eventually mame you earn tons of profit if you are lucky and meticulous.

Don't sell right now ! Hold it for the longer haul.
Flor1982
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December 03, 2017, 01:09:43 AM
 #126

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 will strongly recommend to continue to hoard our bitcoins because as i have observed many altcoin holders are now starting to panic and try to sell or trade their altcoins slowly for bitcoin so that they could be onboard to the high price which is increasing rapidly this year. This will result of further rise up of bitcoin price and delayed rise up movement for some altcoins.
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December 03, 2017, 01:45:33 AM
 #127

I think it is a very good time to hold right now. Predictions that BTC will reach 20k by December are actually realistic. Selling will just result in losses right now. Thats why prices are going up so much rn.
halibit
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December 03, 2017, 02:07:59 AM
 #128

I will sell 50% when price is 25 000$.
This may happen on 2018 if all goes well.

And 50% of the rest coins.. not under 50 000$.

With small portfolio, daily trading may be good choose, but with other cases, I think holding is more profitable than guessing best moment for buy and sell daily/weekly/monthly.
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December 03, 2017, 02:25:59 AM
 #129

I suggest that you sell some and keep the rest as we can all agree for now that Bitcoin is still steadily increasing in value day by day. And when you sell you Bitcoin, you can also invest in other promising and cheaper cryptocurrencies.
Sled
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December 03, 2017, 02:46:30 AM
 #130

I am not selling at the 5 digit price of the bitcoin because i am aiming for the 6 digit price per bitcoin so i am just accumulating bitcoin as much as i can and i will put them into a hardware wallet so i can have an assurance that i can be rich in the future and earn a lot of money because the future of bitcoin is very bright.
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December 03, 2017, 09:49:41 AM
 #131

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

I consider myself somewhat lucky with the 5 digit price. Unfortunately lately my expenses are bigger than the income and I have to use some of my Bitcoin to make it even.
I started selling now and then a little, luckily the rise of Bitcoin this year made this possible.
So yes, I do sell, but not to buy cheap later, I am closer to HODLer than to trader, I sell just because I have to and only as much I have to.

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Collider
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December 03, 2017, 09:54:07 AM
 #132

I am not selling at the 5 digit price of the bitcoin because i am aiming for the 6 digit price per bitcoin so i am just accumulating bitcoin as much as i can and i will put them into a hardware wallet so i can have an assurance that i can be rich in the future and earn a lot of money because the future of bitcoin is very bright.

Bitcoin surely has an potential to achieve 6 digit price in future but we don't know when exactly it will happen but one thing is sure that if you want to sell at that price then you need to hold your coins for a very long term and even your patience would be tested to hold your coins that long but if you manage to hold it till that then you are surely gonna become rich in future.
gandame
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December 03, 2017, 10:12:32 AM
 #133

I am not a holder of bitcoin but if i give a opportunity to have some bitcoin i will hold and sell it when the price are on 20,000$ per bitcoin. That is my goal but sad to say i have no bitcoin for now.
Sled
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December 03, 2017, 10:25:21 AM
 #134

I am not a holder of bitcoin but if i give a opportunity to have some bitcoin i will hold and sell it when the price are on 20,000$ per bitcoin. That is my goal but sad to say i have no bitcoin for now.
If you don't have bitcoin then i think that you should work harder and keep working until you got some bitcoin, the price of bitcoin like $20,000 is very possible because the demand is keep on growing up and that will cause for the price to keep up on going up too and if we will have at least 10 bitcoin before that price then it is a very great situation for us to face the future prices.
misterj
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December 03, 2017, 10:54:59 AM
 #135

It does not matter where or when you sell your bitcoin. As long as you need the money if not, the best approach is not to sell it and hold on to it because as of now, we could see that bitcoin value is still increasing and still moving. My tip is: Hold your bitcoin as long as you can or lived and withdraw or exchange few if you needed it so that you will maintain your investment and have a money if in need.

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Tiger Junk
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December 03, 2017, 11:10:10 AM
 #136

$11k is huge amount for Bitcoin price i do not expect that, but so I better to sell right away all my Bitcoin and wait then to buy it at a cheap price later.
Well that's true $11k is a huge amount for bitcoin, but for me bitcoin price can do more, bitcoin price can rise more, so i dont gonna sell my bitcoins even the price of it is $11k, because i know that bitcoin price can totally rise very well if i will just hold it, for me im gonna hold my bitcoins even 3years from bow before im gonna sell it.
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December 03, 2017, 11:30:36 AM
 #137

$11k is huge amount for Bitcoin price i do not expect that, but so I better to sell right away all my Bitcoin and wait then to buy it at a cheap price later.
Well that's true $11k is a huge amount for bitcoin, but for me bitcoin price can do more, bitcoin price can rise more, so i dont gonna sell my bitcoins even the price of it is $11k, because i know that bitcoin price can totally rise very well if i will just hold it, for me im gonna hold my bitcoins even 3years from bow before im gonna sell it.

Holding for long term is good to make higher profits but if you have bought your bitcoins at very low price then you can afford to sell some of it right now and collect the profits as the price is really good now and can fall in coming days so without holding longer you should sell at current price and buy again at the dip.
dzhan
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December 03, 2017, 11:34:25 AM
 #138

Selling now is very profitable especially for the old holders which bought their bitcoins at $2k or $3k rates. They are earning a huge profit. Personally as I dont have huge amount of BTC I prefer saving until the price increase a bit more.
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December 03, 2017, 11:43:04 AM
 #139

Selling now is very profitable especially for the old holders which bought their bitcoins at $2k or $3k rates. They are earning a huge profit. Personally as I dont have huge amount of BTC I prefer saving until the price increase a bit more.

I think there are some people who sold their bitcoins, still there are more people who decided to hold their bitcoins, rather than selling them. Why? Think of this, bitcoin dumped from the new ATH of $11,000 to $8000, that is almost $3000 dump, but just after some days, bitcoin pumped back to $11,000 and obviously people will think that it can pump more, so they are holding.

Bitcoin price may dump and pump, but as long as I don't need money, I will not be selling my bitcoin.
Jackblack90909
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December 03, 2017, 11:50:34 AM
 #140

The actual price is encouraging so many people for selling. But I will not selling my BTC now, because I believe the price is going to increase even more in the near future. So holding for few other weeks will be more profitable, especially if the price double in this time.
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