bibiqua (OP)
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June 13, 2018, 08:13:17 AM |
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I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
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arwin100
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June 13, 2018, 08:27:15 AM |
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I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
Maybe you should try to hold your balls up since there's still hope that bitcoins could pump again, remember it has so many supporters and maybe some of them afraid to go on it since their are existing bad issue of certain exchange flaws and side problems for now but I believe the quarter 3 and 4 will be the good time for bitcoins and let's hope for the best on it. |
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ajqjjj
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June 13, 2018, 09:05:45 AM |
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I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
This year really hard to predict the future possibilities. But holding is the good for your future investment because raise and fall are happen in anytime so you should hold for long-term then only it will make profit. My suggestion is you can analyse your coin portfolio automatically you will find the right way. |
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Harlot
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June 13, 2018, 09:18:04 AM
Last edit: June 13, 2018, 09:45:35 AM by Harlot |
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Well what do you think? It is hard to give you an analysis since it is not recommended for anyone to listen to others especially to someone you just see posts suggestions online. But from the way I see it. Bitcoin is pretty weak right now as even the bulls didn't have enough power to make BTC stay above 7,000$. Thinking about reversals at this point is also not possible as the volume is pretty heavy on the sell side. There are no signs that someone is buying them back up. Sadly shorting it now won't be a good option but it depends on where will BTC fall or if will still fall.
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nl247
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June 13, 2018, 09:30:14 AM |
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The market does not look like it is ready to stay above $6500 as it is trying to want to go down lower, but the truth is that, we can all be wrong. It is a market, nothing is predictable, we may experience a bounce from here, but the only thing I can say from what I can see is that, it just seems the bulls or smart moneys are not even ready to enter the market yet.
Secondly, it would be a bad advise to tell you to start selling as you will be in the worst gambling position ever if you do now. Best bet, look forward to the lows and buy more to gain a better position in the long run. Also, if you know what to look out for as a trader, breaking below $6400 may drive us fast to as low as $5900 and even lower as the case may be, but you should not be taking any trading action if you are not one.
Just have this, the market is so unpredictable and a lot is uncertain, so you really want to be careful most especially when the best time to make selling decision as a trader or investor has passed.
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timerland
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June 13, 2018, 09:59:22 AM |
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I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
This is an opportunity to enter the market for the long run if you haven't already, with prices at so low. I would believe that most experienced bitcoin traders would agree with me on that. Prices probably have not yet seen the bottom, but we're defintiely very close to that bottom at the moment. If you have existing positions, I wouldn't bother selling. You're gaining nothing by selling right now. That's why I always say that you should be expecting to hold onto your coins as a long term investment, when you do buy in. Otherwise, you'll be forced to dump in bear markets like this that would lead to negative profits. I definitely don't expect any upward movement from the market at the moment, but the next bull market will come some time after the recovery starts, which I think will be next year. |
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mike4001
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June 13, 2018, 10:04:48 AM |
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Nope
6.452 at the moment
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Lampaster
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June 13, 2018, 10:11:28 AM |
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I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
We think so every time but later bitcoin falls even lower and we understand that the bottom is below. It seems to me that it is never too late to sell coins. Perhaps after the owners of large capital entered the crypto-currency market, we can not predict anything. It's been hard to do before, but now we're powerless to big money. I think that bitcoin can fall for a very long time. Prices will start to rise only after we will no longer have coins. |
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Fuhre
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June 13, 2018, 10:11:40 AM |
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you better just hold it, bro. If you sell it you will even lose. calm down the bullish market is coming soon and we can only expect on them. the price is now steadily declining, if you are good at this is one chance to take advantage in a dye as it is today.
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1Referee
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June 13, 2018, 10:38:49 AM |
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If you haven't sold at higher levels, then don't bother selling at current levels.
The previous bottom has been broken through which means that we are pretty much 'guaranteed' to test $6000 this week. It might bounce right up from that point, but it could also dip briefly below $6000 if the support isn't there. The lowest bottom below $6000 is ~$5500'ish, which dates back from November of last year.
People shouldn't panic, instead, the coming months might actually prove to be an early black friday and cyber monday sale. If you hold expensive coins, use these lower levels to buy some more in order to significantly lower your overall entry point. Once the Coinbase fund starts going live, which is only a matter of months, they will suck out a large part of the circulating coin supply, so don't wait too long. If we also add the potential ETF approval of VanEck this year, things will definitely change for the better.
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laluna24
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June 13, 2018, 01:10:57 PM |
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So hard to decide in this trend of bitcoin because we cannot predict the value. If you will sell otherwise you will lose so usually others are having patient longer to hold their bitcoin. Also claims market is not forever stay in downtrend so I also believe it will going up.
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harizen
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June 13, 2018, 02:16:53 PM |
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I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
Will you gained profits if you sell it now? If yes then consider. It's yours after all. Will you sold yours now because you want just to accumulate more if price dip more? Then it doesn't making sense. Again "you are hoping for the bulls" meaning you are expecting for a pump so why sell it? If you have some extra ammos there and you afford to spend extras then just buy without harming your hodl coins. But again it's your decision. We have different approach to our coins and we have different status so just do what you think is right and reasonable. |
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dinoloverpete
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June 13, 2018, 02:20:50 PM |
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In my opinion it's not a good time to sell. There is a good chance the price will stay above 6k and recover at least slightly in the near future. I'd be more inclined to sell at $5500 than at $6000 as strange as that may sound.
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STT
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June 13, 2018, 02:24:46 PM |
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Looks like it's way too late to sell... I would assume its too late to the party to join now with much expectation. Arriving here would be like a coin toss between the two possibilities, where as a good trading situation would be odds in your favour and you are just following a good trend up or down. Here I think BTC price is very uncertain, I do think it can rise from here and probably should as there is no great negative volume but its uncertain till that happens |
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Kingofbitcoin12345
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June 13, 2018, 02:28:26 PM |
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I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
Specific prices doesn’t matter as bitcoin can have either of both,, lower or higher 6500$ in time.. What the best to consider is your self control on how or when is the time for you to say “enough”,, that is totally a normal,, newbie or inexperienced users or traders.. Sell now and regret later or wait until the bullish run that may come sooner at 90% of the time.. You hold your own coins,, you decide for it.. That’s your right and you can’t be wrongly blamed about it.. |
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lablab03
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June 13, 2018, 02:29:20 PM |
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I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
actually pal bitcoin price is already below $6500 pal on this moment and right now isn't the right time to sell, but its up to you if you want to avoid further loss, but i suggest if i were you i will keep holding because bull always exist after the down trend, and that is the fact how the market play nowadays, which is more holders still buying after the dip that can contribute bitcoin price to soar again after the doomed so it's impossible bitcoin will not bullish again, patience is the must pal |
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Wei H
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Chinese translator
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June 13, 2018, 02:39:19 PM |
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I have been held Bitcoin, since it was $2000, later $19,000, and now it's $6,000, it turns out I'm a big foolish.
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coinplus
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June 13, 2018, 04:09:49 PM |
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I wonder if I should sell now or hope for the bulls. Looks like it's way too late to sell...
Nothing is predictable now bro and selling now is actually going to be a mistake or not. That is one thing you should know as you are simply just going to be gambling. Since you have been holding all these while from the top, I would advise you should be looking for a way to buy than a way to sell as that would put you in a better position than trying to gamble the market. This however is in an investor’s point of view not in a trader's point of view which I expect that if you are not a trader, you should not even be trying to be one at all. Because, traders always look for short term changes very keenly whereas holders or otherwise known as investors will bother only long term trends. |
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BrewMaster
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There is trouble abrewing
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June 13, 2018, 04:18:01 PM |
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you are correct, it is too late to sell but also we don't know whether price is going lower or not. nowadays drops are not happening naturally anymore. there is a lot of things going on, a lot of dumps and a lot of manipulation while the investors are staying out with their money and waiting for things to settle down before they start reinvesting.
this is one of those times that no matter what you do, in the end you will be burned.
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There is a FOMO brewing...
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Ridwan Fauzi
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June 13, 2018, 04:32:44 PM |
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If you incur a loss when selling at a $ 6500 price the option to sell is the wrong way. To get profit in bearish trend is very difficult, you can wait and hold until the price back up above $ 7000. I think it will be temporary, next week bitcoin price will go back up. This is the lowest bitcoin price in the last few months, many people already thought this was a good time to buy and would make the market go back to green.
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