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Author Topic: When Bitcoin down to 12500$ need to alert? How do you think?  (Read 113 times)
hungchenyao (OP)
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January 04, 2018, 01:15:35 PM
 #1

Have reading some People This warn!

Need Everybody give some idea!

What's the minimum price need to sell bitcoin


What do you think^^?

Thank you for help!
qiwoman2
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January 04, 2018, 04:18:22 PM
 #2

I would not sell Bitcoin even if it breaks the 12.5k Support trend line. Think about it people become rich when other people panic and sell cheap. When people dump hard you wait at the bottom to scoop up what you can and then make some profit on the next bull run, you don't go and sell when the base support breaks, that would make you lose out on exponential profits.  Cheesy


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buyinbtc
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January 04, 2018, 04:28:32 PM
 #3

I would not sell Bitcoin even if it breaks the 12.5k Support trend line. Think about it people become rich when other people panic and sell cheap. When people dump hard you wait at the bottom to scoop up what you can and then make some profit on the next bull run, you don't go and sell when the base support breaks, that would make you lose out on exponential profits.  Cheesy

I would never sell them even it they dropped to 5k after i've bought them at 15k. It's always strange when newbies buys bitcoins ( or other coins) at huge price and then panic sells once it drops a little bit. Some say that "11000$ from 20000$ isn't a small drop", But it's still nothing compared to this price pump that happened over 2 last months.

So in my opinion, there is no "minimum sell price" if you want to HODL bitcoins. If you just want to trade them then it is up to you when to sell or buy them. My advice is that, if you can, buy even more bitcoins and don't sell any of them unless their price is really high. Like 20k, or any other price that looks high enough, but never sell when it's this low.

 
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piebeyb
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January 04, 2018, 04:31:51 PM
 #4

why not buy it if cheap, I just say if it's low price at least only touch $ 8k - $ 10k, so take the moment if it will happen Smiley

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January 04, 2018, 04:32:36 PM
 #5

if it hit 20k once it will hit 20k again just a matter of time when, so be patient and hodl
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January 04, 2018, 04:46:34 PM
 #6

Sell bitcoins only when you're need of hard cash. now bitcoin may go down to $12k or lower that doesn't mean it won't go up again. low price is perfect time to buy bitcoins. Wink 

if it hit 20k once it will hit 20k again just a matter of time when, so be patient and hodl
Yeah, BTC will be back at $20k and will move on, reaching new highs. right now alts are pumping.. alts profits will flow back in to BTC (like always).
Ctn
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January 04, 2018, 04:55:28 PM
 #7

Have reading some People This warn!

Need Everybody give some idea!

What's the minimum price need to sell bitcoin


What do you think^^?

Thank you for help!


I think we need to give some space to bitcoin to grow this year because it has already outperformed last year and there has to be some room to restore its popularity. The BTC rates are being decided on the basis of market capitalism that it catches over the time. Since last month there is continued decrease in the popularity of the BTC because if its heavy transaction fees and slower confirmations. This is the main reason for the downfall of the bitcoin. In the event, other currencies like XRP, XEM took the sling shot and attracted many investors towards them and thus they got up the heavy market cap. But lets not forget that BTC problems are really temporary and they will be vanished real soon. Once that is overcome we will see how BTC will touch the new heights again. The end point is, we don't need to be worried about the BTC. We can still hold it.
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January 04, 2018, 08:07:49 PM
 #8

Have reading some People This warn!
Need Everybody give some idea!
What's the minimum price need to sell bitcoin
What do you think^^?
Thank you for help!
I don't think bitcoin will ever go back to $12k and even if bitcoin drop to $12k only people in serious financial problem can sell their bitcoins at $12k. 

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Idrisu
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January 04, 2018, 08:25:06 PM
 #9

Have reading some People This warn!

Need Everybody give some idea!

What's the minimum price need to sell bitcoin


What do you think^^?

Thank you for help!

I will also need to be alerted in other not to be taken unaware by the deep.  I have been trying to enter into the buy position but I am thinking it might still fall further. Currently bitcoin is above $14,800 and I think pulling back to $12500 may trigger another bullish signal. Hope the god of cryptocurrencies be with us all.
kunsh
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January 04, 2018, 08:33:03 PM
 #10

Have reading some People This warn!

Need Everybody give some idea!

What's the minimum price need to sell bitcoin


What do you think^^?

Thank you for help!


Depend for which price you bought BTC. There is no low price if you want to earn something.
Usually traders are good with 15-10-15% income.
BTC will stay strong in the future. There is coins like Ripple which are going up and up but i'm scared of huge dumps because small amount of people have too much Ripple coins in their hands but that doesn't need to happen of course.
I'll keep my BTC because I'm not in hurry, they are with me from 2014 Smiley I'm looking on BTC from different angle. Smiley so.. there is no minimum for me at this moment.
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January 04, 2018, 08:38:09 PM
 #11

Just learn the charts. You will have an estimate for when you should sell. But Bitcoin is known to dump by 40-50% and then rise back to top. So, traders and hodlers like me just try to predict the highs and lows to sell at highs and rebuy at lows and increase our Bitcoins. In the end Bitcoin will be of more worth then it is today

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