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Author Topic: BTC $6K, BUY OR SELL  (Read 486 times)
ryzaadit
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May 10, 2019, 06:28:56 PM
 #21

Still waiting for bitcoin around 6700-7000, then i will cash out, The reason i already hold bitcoin to long around more than 1 years. Need some fresh money to buy some ASUS ROG Laptop & Paying my bill college, really glad I'm not selling at the bottom. But don't worry i still hold some asset at Altcoin and just sell it Bitcoin if he reaches that price, waiting for Altcoin Party after Bitcoin.
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May 10, 2019, 07:14:48 PM
 #22

with BTC crossing $6k dollar this month, which most persons didn't see coming this soon. will you advice an investor to buy more or sell at the current price?
Maybe a lot of people are troubled by this kind of situation because bitcoin has already passed $ 6K, because it is clear to go like that for a long time. so that many investors are afraid to make a purchase and may even want to sell. I would rather be happy to buy and hold because this is the moment when bitcoin will move back like 2017, maybe even more.
Naida_BR
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May 10, 2019, 07:22:47 PM
 #23

with BTC crossing $6k dollar this month, which most persons didn't see coming this soon. will you advice an investor to buy more or sell at the current price?

Personally, I don't advice anyone. My personal opinion is to buy alts because since now we see only the bitcoin price being increased and not any of the alts follow this raise.
Buying alts will probably give more profits in the future that buying bitcoins.
pixie85
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May 10, 2019, 08:16:17 PM
 #24

with BTC crossing $6k dollar this month, which most persons didn't see coming this soon. will you advice an investor to buy more or sell at the current price?

Personally, I don't advice anyone. My personal opinion is to buy alts because since now we see only the bitcoin price being increased and not any of the alts follow this raise.
Buying alts will probably give more profits in the future that buying bitcoins.

They will as long as Bitcoin continues up. Altcoins are lagging behind as always but if there's a big correction on bitcoin the altcoin boom will not happen. I agree that altcoins will show bigger gains than Bitcoin in the coming weeks if Bitcoin delivers but they won't move if it goes back to 5000 which is still possible.

I sold my tradable stash of Bitcoins before 6000 and kept only altcoins so I'll be waiting for a correction.
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May 10, 2019, 09:04:39 PM
 #25

Investors don't sell, they only buy during times of accumulation and hold long term. Traders buy and sell, but if you don't know wtf you are doing either be an investor or don't play at all.
My .02.
BiigCryptoGuy
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May 10, 2019, 09:15:11 PM
 #26

with BTC crossing $6k dollar this month, which most persons didn't see coming this soon. will you advice an investor to buy more or sell at the current price?

Personally, I don't advice anyone. My personal opinion is to buy alts because since now we see only the bitcoin price being increased and not any of the alts follow this raise.
Buying alts will probably give more profits in the future that buying bitcoins.

Alts are so much more volatile than Bitcoin. With BTC you know its gonna go up eventually  Grin
creeps
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May 10, 2019, 09:38:16 PM
 #27

Still waiting for bitcoin around 6700-7000, then i will cash out, The reason i already hold bitcoin to long around more than 1 years. Need some fresh money to buy some ASUS ROG Laptop & Paying my bill college, really glad I'm not selling at the bottom. But don't worry i still hold some asset at Altcoin and just sell it Bitcoin if he reaches that price, waiting for Altcoin Party after Bitcoin.
Very specific reason why sometimes we need to sell, not because we are wasting the opportunity to have a more profit if the price go higher but because we have a target price to sell. Right now its already around $6300 and buying now is a big risk because it can go up or down, i suggest to study before you buy. Hodlers can buy more now and wait for another pump.
WinslowIII
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May 10, 2019, 10:31:52 PM
 #28

Still waiting for bitcoin around 6700-7000, then i will cash out, The reason i already hold bitcoin to long around more than 1 years. Need some fresh money to buy some ASUS ROG Laptop & Paying my bill college, really glad I'm not selling at the bottom. But don't worry i still hold some asset at Altcoin and just sell it Bitcoin if he reaches that price, waiting for Altcoin Party after Bitcoin.
Very specific reason why sometimes we need to sell, not because we are wasting the opportunity to have a more profit if the price go higher but because we have a target price to sell. Right now its already around $6300 and buying now is a big risk because it can go up or down, i suggest to study before you buy. Hodlers can buy more now and wait for another pump.
Hodlers don't wait for another pump, they are long term investors. They don't sell, only buy. Why is that so hard to fathom?
Hodlers wait for the promise of bitcoin to be fulfilled - they don't buy and sell based on market conditions.
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May 10, 2019, 11:31:20 PM
 #29

with BTC crossing $6k dollar this month, which most persons didn't see coming this soon. will you advice an investor to buy more or sell at the current price?

Personally, I don't advice anyone. My personal opinion is to buy alts because since now we see only the bitcoin price being increased and not any of the alts follow this raise.
Buying alts will probably give more profits in the future that buying bitcoins.
Your opinion can be correct, but we have to find out about how to buy altcoins that are running ico that are not recommended and appropriate because there are a lot of scams, but if you need to buy altcoins that already have a market it is better. But we must know altcoin is not for a different long-term investment compared to bitcoin. bitcoin is a long-term investment. the best time is when bitcoin starts to appear to lead to an increase, it's time for you to buy and invest.

Oceat
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May 10, 2019, 11:37:10 PM
 #30

Still waiting for bitcoin around 6700-7000, then i will cash out, The reason i already hold bitcoin to long around more than 1 years. Need some fresh money to buy some ASUS ROG Laptop & Paying my bill college, really glad I'm not selling at the bottom. But don't worry i still hold some asset at Altcoin and just sell it Bitcoin if he reaches that price, waiting for Altcoin Party after Bitcoin.
Very specific reason why sometimes we need to sell, not because we are wasting the opportunity to have a more profit if the price go higher but because we have a target price to sell. Right now its already around $6300 and buying now is a big risk because it can go up or down, i suggest to study before you buy. Hodlers can buy more now and wait for another pump.
Hodlers don't wait for another pump, they are long term investors. They don't sell, only buy. Why is that so hard to fathom?
Hodlers wait for the promise of bitcoin to be fulfilled - they don't buy and sell based on market conditions.
Yes indeed. Buy and sell is for short traders but they do accumulate more Bitcoins too than altcoins. Since the market is starting to grow and the bull market is coming on its way. It is better to just wait for the Bitcoin price to grow and sell it when the market is gaining a lot of momentum to skyrocket to the moon.

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May 10, 2019, 11:53:06 PM
 #31

It should always be a buy buy from now to $10K. That's my personal resolution now. I have realized that as we sit down and ask ourselves tgis questions everyday, the price keeps going up and by the time we'll really realize where we are, it will be too high to get in. It started when we broke thw $4.2K and since then the ride has been awesome.

Muzika
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May 11, 2019, 02:10:19 AM
 #32

do not hesitate if you had a capital to engage in bitcoin, as long as you can have it go for it because bitcoin has a long way to go, the ATH is 20k dollar meaning as long as the ATH has not reach yet the potential is very high to hit it again, the only thing you need to do is to have a patience waiting for that moment to come again.
shesheboy
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May 11, 2019, 02:36:06 AM
 #33


Its a good time to sell as long as you bought your coins lower than 6kusd   . its okay to take quick small profits if your a short time investor/trader but its also a better a idea to keep on buying and hodling for a more potential income in the future   .

the ATH is 20k dollar meaning as long as the ATH has not reach yet the potential is very high to hit it again

Oh really ?  but what if 20k was the first and last highest ath that bitcoin will achieve ?  For me id say that 20k usd is a verry huge amount and its not usual for just a currency to reach that insane amount  .
Ipwich
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May 11, 2019, 05:37:09 AM
 #34

with BTC crossing $6k dollar this month, which most persons didn't see coming this soon. will you advice an investor to buy more or sell at the current price?

Maybe buying now is the right thing to do, the FOMO might have started and the price will even rise more.
However, for there are people who are satisfied with the profit they will make if they will sell now, if they bought at dip, they will enjoy an easy 100% return.

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Findingnemo
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May 11, 2019, 06:11:59 AM
 #35

What?

You can see the prices of bitcoin now,it keeps increasing day by day perfect time for buy and I hope this is the last time we can buy at this price,keep buying bitcoin as much as possible.

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Reid
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May 11, 2019, 07:31:36 AM
 #36

I am a bitcoin hodler so I wont advise a sell at this moment or any moment in 10 years or more.

Look, bitcoin is still at its young stage. It is created for something that would change the financial problem of the world or as introduction it could be the best payment system for online transactions.
It is happening now but not much broad.
Some merchants are still in doubt of bitcoin or just scared. With that kind of thinking you would not recommend selling to everyone.
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May 11, 2019, 08:21:32 AM
 #37

with BTC crossing $6k dollar this month, which most persons didn't see coming this soon. will you advice an investor to buy more or sell at the current price?

Smart investors see it coming, only those who got burned earlier quit the market but it seems they are coming back right now.

Why would you sell at the current price? The price is increasing? I don't want to give financial advises though, sorry it really boils down as to how you gonna look at your investment in the long haul, just saying.
Selling actually doesn’t mean that one is quitting, we have some people that usually go for profit when price increase from the formal position that they bought, then buy back when the price goes down again.

I think the is still the best way to make money for a short term holder, but for a long term holder, it is not advisable to sell now, because the price increase is still far to what bitcoin will be attaining in the next few months, so they have to still keep holding on a little longer.

This year is expected to get a very high increase in the general market capitalization, but the next 2 years of the market will be greater than now, the longer we hold, the more the profit.
ryzaadit
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May 11, 2019, 09:53:46 AM
 #38

What?

You can see the prices of bitcoin now,it keeps increasing day by day perfect time for buy and I hope this is the last time we can buy at this price,keep buying bitcoin as much as possible.
If you suggested this to all people, and the real market still has one dump maybe. Congratulation you already make all people getting a fomo, advice people to buying crypto/bitcoin its not a good option. They must know the reason why they buy the currency, your suggested only make people buying because of the price.

Very specific reason why sometimes we need to sell, not because we are wasting the opportunity to have a more profit if the price go higher but because we have a target price to sell. Right now its already around $6300 and buying now is a big risk because it can go up or down, i suggest to study before you buy. Hodlers can buy more now and wait for another pump.
Yeah at least I'm not selling at the bottom, if you want to know i have a lot asset but for my financial money im only using around 25-40$ every month. More than 1 years already enough for me, collecting bitcoin since $3000-$4000. I have some mindset target, went the target price already reach i will not moving my target. Also, this month was Ramadhan and its a good reason to i must cash out it.
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May 11, 2019, 04:47:15 PM
 #39

with BTC crossing $6k dollar this month, which most persons didn't see coming this soon. will you advice an investor to buy more or sell at the current price?
At this stage, I think we will leave it to great analyst to advise on this, because as good as I thought I am in predicting prices of bitcoin using technical and fundamental analysis, I never saw this coming too, I actually expected price to hit $6000 by June, but never thought it will come this early.

I am just carefully observing what is going on in the market, and the factor contributing to its growth to be sure it is a healthy one before I decide If I myself is to continue investing or advise people to continue investing, but if I am to use intuition to predict, I am sure bitcoin will get to $7000 soon, so it is still ok to buy now for short term trade, for long term, there is no point that is not the right time till we reach ATH.
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May 11, 2019, 06:06:03 PM
 #40

People always have their priorities to manage their money as they want and according to their needs, there is an issue that you can see from the most human point of view, if you need the money you must withdraw to cover your needs, but if instead you want to speculate I advise you to follow the direction of the market, that is, when the bitcoin falls you must win or try to get profits betting with your fall, and if it is the bullish market, you must be in that direction, and if you want to hold you must be clear that it will take a long time for the bitcoin to take its bullish tendency so that it reaches a new ath.

I tell you this based on the current phase of the market, many people say that the market is bearish or bullish, I have studied it according to Wyckoff's theory and it helped me to determine that we are in accumulation, where there can be a lot of volatility, raise a lot and drop off without any explanation, because the phase of the market what you are looking for is to eliminate all the offer in that range that turns out to be the cheapest, and in order to accumulate as many Bitcoins as possible, then it takes time to do it, that may take 2.3 years, although this is crypto, the movements may be in months, this is what differentiates the Crypto market Stock Market. If you take into consideration this, you should know that if your intention is to invest and you are willing to wait, then buy everything you can, the benefits are safe but you do not know when it will happen.

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