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Author Topic: Sell Crypto in May and Buy Low in June  (Read 109 times)
BokkaExchange
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May 18, 2018, 06:32:58 PM
 #1

​​Last week didn’t bring any big positive news, and Bitcoin dropped to $8,000.

Read Bokka Crypto Weekly Recap BTC/USD 18.05.18: https://bokka.com/cryptocurrency-news-sell-crypto-in-may-and-buy-low-in-june/

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May 18, 2018, 06:38:23 PM
 #2

Anyway, I would rather have some actings, that can bring to me an active income, becouse such a long term hold is not surely be good

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May 18, 2018, 06:54:48 PM
 #3

The main thing is that bitcoin does not fall below six thousand dollars, because then there can be panic among investors.
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May 18, 2018, 06:55:49 PM
 #4

This is the opposite of what we should be doing. Now is the dip so buy now and sell at the top of the bull run. It is likely that the bull run will go high as we're less than 50% of the all time high.

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May 18, 2018, 07:01:52 PM
 #5

​​Last week didn’t bring any big positive news, and Bitcoin dropped to $8,000.

Read Bokka Crypto Weekly Recap BTC/USD 18.05.18: https://bokka.com/cryptocurrency-news-sell-crypto-in-may-and-buy-low-in-june/
Most people do broke their expectation on the thing that do happen after the consensus.We are expecting it to happen yet weve know that it will have a bull run into those times or after such conference but we have seen the opposite side.
This is the opposite of what we should be doing. Now is the dip so buy now and sell at the top of the bull run. It is likely that the bull run will go high as we're less than 50% of the all time high.
True,i dont know whats the point or whats being suggested on here yet we are on dips actually and whose dumb would sell if the market is on dump situation?

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May 18, 2018, 07:35:15 PM
 #6

I am not sure about this because no one can predict the price of many factors that affect. but hopefully the prediction of the article can be correct I was ready to buy. thank you for sharing information

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May 18, 2018, 08:20:43 PM
 #7

Anyway, I would rather have some actings, that can bring to me an active income, becouse such a long term hold is not surely be good
maybe at this time I really agree with what you say. sometimes holding in the long run also will not give us much profit. so all we have to do is monitor the price and sell when the price has reached the target sales we have been expecting.

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May 18, 2018, 08:41:17 PM
 #8

​​Last week didn’t bring any big positive news, and Bitcoin dropped to $8,000.

Read Bokka Crypto Weekly Recap BTC/USD 18.05.18: https://bokka.com/cryptocurrency-news-sell-crypto-in-may-and-buy-low-in-june/

The insight raised here is great and this is a vantage information for any investor that want to buy and hold hoping to sell off when bitcoin will be trending again. It is still risky because it may also turn the opposite way.

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May 18, 2018, 08:45:47 PM
 #9

It seems like a reasonable idea. But there is no guarantee that tomorrow the price will not soar into space. In this market in general it is unrealistic to predict something with a guarantee of 100%

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May 26, 2018, 03:49:54 PM
 #10

​​Last week didn’t bring any big positive news, and Bitcoin dropped to $8,000.

Read Bokka Crypto Weekly Recap BTC/USD 18.05.18: https://bokka.com/cryptocurrency-news-sell-crypto-in-may-and-buy-low-in-june/

The insight raised here is great and this is a vantage information for any investor that want to buy and hold hoping to sell off when bitcoin will be trending again. It is still risky because it may also turn the opposite way.
Are you sure about this? I mean Bitcoin is already low, you want it go down further in June. What I think is that we should buy it now as it prices are low nowadays. As more and more people will buy it, its price will increase after some time. That would be profitable for all of us. I would like to mention that crypto market is highly volatile. It’s very tough to exactly predict its movements.

  

 
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May 27, 2018, 06:38:10 PM
 #11

​​Last week didn’t bring any big positive news, and Bitcoin dropped to $8,000.

Read Bokka Crypto Weekly Recap BTC/USD 18.05.18: https://bokka.com/cryptocurrency-news-sell-crypto-in-may-and-buy-low-in-june/

The insight raised here is great and this is a vantage information for any investor that want to buy and hold hoping to sell off when bitcoin will be trending again. It is still risky because it may also turn the opposite way.
Are you sure about this? I mean Bitcoin is already low, you want it go down further in June. What I think is that we should buy it now as it prices are low nowadays. As more and more people will buy it, its price will increase after some time. That would be profitable for all of us. I would like to mention that crypto market is highly volatile. It’s very tough to exactly predict its movements.
Totally agree. This is very ricky market right now. I prefer to be away from the market right now because no one can know what will happen with price.
In general I don't think that in June BTC will be more cheaper than now, because it looks like bulls just wait for a good time to strike back.
Bears do all that BTC price will go down but they don't have so much money to do that. I think they'll just fizzle out soon and the bulls will seize the initiative.

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May 27, 2018, 07:06:29 PM
 #12

​​Last week didn’t bring any big positive news, and Bitcoin dropped to $8,000.

Read Bokka Crypto Weekly Recap BTC/USD 18.05.18: https://bokka.com/cryptocurrency-news-sell-crypto-in-may-and-buy-low-in-june/

The insight raised here is great and this is a vantage information for any investor that want to buy and hold hoping to sell off when bitcoin will be trending again. It is still risky because it may also turn the opposite way.
Are you sure about this? I mean Bitcoin is already low, you want it go down further in June. What I think is that we should buy it now as it prices are low nowadays. As more and more people will buy it, its price will increase after some time. That would be profitable for all of us. I would like to mention that crypto market is highly volatile. It’s very tough to exactly predict its movements.
current bitcoin falls near to support at $ 6800, if bitcoin falls again, it indicates downtrend will continue. seeing there are two valleys in support area before, i think this moment is the right moment to invest as much
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May 27, 2018, 07:16:13 PM
 #13

"Sell crypto in May"? That is not right.
It sounds similar phrase in wall street- "sell in May and Go away." 
We don't know when the market starts to bull. You may miss the opportunity. If you sold crypto today for 1 BTC = 7500$ and wait till June to buy back,  What if BTC price will be, 1 BTC=15000$ in June?  Will you still buy or just getting frustrated?
This happened to me in 2017 when I sold BTC for 3500$. Still waiting if the price will come down. Looks like I have to wait forever. Huh Huh Huh Grin Grin Grin

Just my personal opinion.

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May 27, 2018, 07:22:17 PM
 #14

"Sell crypto in May"? That is not right.
It sounds similar phrase in wall street- "sell in May and Go away."  
We don't know when the market starts to bull. You may miss the opportunity. If you sold crypto today for 1 BTC = 7500$ and wait till June to buy back,  What if BTC price will be, 1 BTC=15000$ in June?  Will you still buy or just getting frustrated?
This happened to me in 2017 when I sold BTC for 3500$. Still waiting if the price will come down. Looks like I have to wait forever. Huh Huh Huh Grin Grin Grin

Just my personal opinion.

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Yep it will be a long way before 3,500 USD happens again  Grin I think new ATH is more likely to happen than $3,500

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May 27, 2018, 07:24:20 PM
 #15

​​Last week didn’t bring any big positive news, and Bitcoin dropped to $8,000.

Read Bokka Crypto Weekly Recap BTC/USD 18.05.18: https://bokka.com/cryptocurrency-news-sell-crypto-in-may-and-buy-low-in-june/

The insight raised here is great and this is a vantage information for any investor that want to buy and hold hoping to sell off when bitcoin will be trending again. It is still risky because it may also turn the opposite way.
Are you sure about this? I mean Bitcoin is already low, you want it go down further in June. What I think is that we should buy it now as it prices are low nowadays. As more and more people will buy it, its price will increase after some time. That would be profitable for all of us. I would like to mention that crypto market is highly volatile. It’s very tough to exactly predict its movements.
current bitcoin falls near to support at $ 6800, if bitcoin falls again, it indicates downtrend will continue. seeing there are two valleys in support area before, i think this moment is the right moment to invest as much

There is a strong support at $7300 so I doubt that it will go below than that. I wouldn't sell though, would rather hold and buy more in this kind of situation. Maybe you can sell today but you have to wait till the price goes even further but I don't see it happening anytime time.

Yes, crypto is very volatile and we don't know where is gonna move next that's why we need to be very attentive today specially that anytime another negative or positive news will impact the price.


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May 27, 2018, 07:30:59 PM
 #16

No, that is a bad idea. You should have picked the opposite. Buy in May, and then hold. You should never sell at this time because the price is still has not grown yet. If you want to gain huge profit, then sell your coins for the upcoming years because the price surely will increase because that is what bitcoin is made of. It was made to impress people with its awesomeness (Figure of speech). And if you need money, just sell when it it reaches $20k.


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Sony.UK
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May 27, 2018, 07:34:28 PM
 #17

​​Last week didn’t bring any big positive news, and Bitcoin dropped to $8,000.

Read Bokka Crypto Weekly Recap BTC/USD 18.05.18: https://bokka.com/cryptocurrency-news-sell-crypto-in-may-and-buy-low-in-june/

The insight raised here is great and this is a vantage information for any investor that want to buy and hold hoping to sell off when bitcoin will be trending again. It is still risky because it may also turn the opposite way.
Are you sure about this? I mean Bitcoin is already low, you want it go down further in June. What I think is that we should buy it now as it prices are low nowadays. As more and more people will buy it, its price will increase after some time. That would be profitable for all of us. I would like to mention that crypto market is highly volatile. It’s very tough to exactly predict its movements.
current bitcoin falls near to support at $ 6800, if bitcoin falls again, it indicates downtrend will continue. seeing there are two valleys in support area before, i think this moment is the right moment to invest as much

This old thread will be good enough to chat the same situation now but you are saying we will see the bitcoin value fall more in the market. I will never predict the bitcoin value into the negative value because I do not want that to happen anytime.
Well investors wish the same like me. Only people involved in the trading will be alone looking to see the dump in the price chart.
If you buy and hold it for some months you will be seeing the BTC price rocks everywhere.

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May 27, 2018, 07:57:59 PM
 #18

but sometimes it is hard to take such decision , bcoz people bought btc in high price and when they sell at low price then mind stop us to do that , only a trader mind can play with such things of selling at low and buyback at further dip . bcoz normal person will always afraid of pump in price after he sell coin .
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May 27, 2018, 08:15:04 PM
 #19

How is he so sure what the price will be during those months?
Edited; these are part of the speculations that most times misguide young investors. When these newbies read this sort of speculations, they end up making the wrong decision in their trading and investing. We should learn that cryptocurrency is unpredictable and we never can tell, June may be a good month for cryptocurrency. 

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May 27, 2018, 08:22:53 PM
 #20

How is he so sure what the price will be during those months ?

He is just basing everything on TA mate, but we all know that most of the time, TA is not applicable in this kind of market because the price can move in the opposite direction. What we can really do is just sit back and wait. Most of time is this situation there is nothing to worry about and don't make things complicated on your end.

Its just either you buy at this dip and hold and wait, or do nothing. So I just prefer laid back style for now, don't do anything stupid and just wait till it bounce back before making any move.

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