Reatim
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September 26, 2019, 07:41:12 PM |
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Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?
If you are in need of money then you should have sold that bitcoin from days after you posted this thread But if you can handle still then HODL as th volatility is attacking the prices these days. Bitcoin price falls from 10$k down to 8$k and still counting .
The very best thing you must out in mind that If your not in need of fiat nor even in rush to withdraw,then always consider holding your bitcoin so the price won’t fall just like what is happening today when many investors are afraid of losing and now selling to go out of the market
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ene1980
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September 26, 2019, 08:02:32 PM |
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Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?
If anyone is able to convince you that they are able to give the correct tip, then they are lying to the core as no one knows exactly how the market will perform, we can only speculate and since you have invested already and when you are not having any emergency with money you could wait for a few years to get the maximum benefit. Long terms holding is always the best option with every investment.
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Artemis3
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September 26, 2019, 08:52:55 PM |
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Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?
Pro tip: Not now. Explanation: buy low, sell high, not the other way around. If you bought higher than today, you do nothing but wait, no matter how long the wait. Else you lose money, period.
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serjent05
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September 26, 2019, 08:57:29 PM |
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Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?
Many people, including me, think that Bitcoin can reach at least 100K. So I don't think selling Bitcoin is a good idea right now. However, there are always risks. That is if Bitcoin reach $100k. I am not a pessimist and wanted that to happen but in setting up a price to sell, one should consider the current market price, the initial capital, the target profit and the time span. Hitting the target price is a good enough reason to sell but too many got burned because they waited for unrealistic price target to occur in their target time span ending them back to square one.
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Naughty Princess
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September 26, 2019, 10:26:14 PM |
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Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?
Many people, including me, think that Bitcoin can reach at least 100K. So I don't think selling Bitcoin is a good idea right now. However, there are always risks. It depends how you get btc, if you invest with it, then wait till you are satisfy with the profit. If you can keep it for long term, do not sell it immediately and invest more of it. There is no right moment because it is always a right moment when you see profit from it rather than loses.
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maianh09
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September 26, 2019, 10:32:33 PM |
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I saw your post in August and congratulated you on selling your Bitcoin. If you still hold on to the present, wait for things to be more stable before deciding to sell Bitcoin. The bear market is still going on, so I'm worried that as soon as you sell the market will rebound, which will make your choice the wrong option.
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AjithBtc
Sr. Member
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Merit: 276
Vave.com - Crypto Casino
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September 26, 2019, 10:59:46 PM |
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Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?
Pro tip: Not now. Explanation: buy low, sell high, not the other way around. If you bought higher than today, you do nothing but wait, no matter how long the wait. Else you lose money, period. Yes, the price will surely gets recovered. If you've bought it at a price higher than the market price at the moment don't go for it. If you've bought it at a lower price then you can go for a selling and buy back at a lower price as the price keeps falling and the predictions were to reach $6000 and even lower by the falling weeks.
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Viscore
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September 26, 2019, 11:19:36 PM |
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Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?
Pro tip: Not now. Explanation: buy low, sell high, not the other way around. If you bought higher than today, you do nothing but wait, no matter how long the wait. Else you lose money, period. Yes, the price will surely gets recovered. If you've bought it at a price higher than the market price at the moment don't go for it. If you've bought it at a lower price then you can go for a selling and buy back at a lower price as the price keeps falling and the predictions were to reach $6000 and even lower by the falling weeks. Selling your btc is already your own decision. If you think you are badly needing your money, you can sell your btc anytime even if it means not making big profits from it. There are still next chances to buy another bitcoin particularly if their prices are already affordable. But if you just want to sell for no valid reason, better to hold it even more until you will reach your target selling price wherein you can already make huge profits.
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mandor
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September 27, 2019, 01:26:34 AM |
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Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?
for now I think it's better if you buy Bitcoin instead of sell because the price of Bitcoin has fallen dramatically. if you want to sell your BTC, you should look at market conditions if it still decreased the right choice is HODL, and if market conditions improve then that is your chance to sell. those are tips on trading to selling BTC for a beginner like you.
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maxreish
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September 27, 2019, 01:54:49 AM |
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May I know how much did you buy bitcoin? If you bought it at 3,500-7500 before and you feel you can't hold it back anymore and wanted to take a profit immediately, then sell it. As long as you have profits, go for your decision. But if you have hesitations especially when you are selling at loss-hold back.
We can't help you to decide whether you sell it now or not, as much as i wanted to say that you have to sell it now, at the end of the day it's you who will gonna experience the two things-suffer or joy because of your decisions. My technical analysis says, it will still go down at $8,000 but of course it is not 100% sure that it will really hit my TA.
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jake zyrus
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September 27, 2019, 03:35:16 AM |
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We all have our own "right moment" when it comes to selling bitcoin. So no one can tell you when it is. What I can only tell you is that, when you know you gain profit from investing and you're already contented with the price of bitcoin, then it is the right time for you. But right know, it's better to hodl your bitcoin and wait for the improvement of the price.
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EdvinZ
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September 27, 2019, 06:26:21 AM |
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You definitely needed to sell your Bitcoins in August. Now you could have more money than at the current price. The cryptocurrency market is very volatile and it is difficult to predict a good moment to sell here. As noted above, you need to sell when you feel satisfaction from the difference in the price of buying and selling.
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Shenzou
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September 27, 2019, 08:44:18 AM |
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Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?
What i advise you to do is to be rational about how you decide to sell, most of the new people who invest in bitcoin usually panic and get inpatient about selling when they see the price drop and they always end up regretting that, so first of you need to look at what price you got you bitcoin at and see how much profit you have made, at this point if you are at a loss don't sell at all just stick with it, and if the prices are still going up don't sell either just wait until they start going down a bit and than look at your profit and than you can decide whether it is a good time to sell or not, and also never sell all of what you have.
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Leonardo7
Member
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Activity: 686
Merit: 15
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September 27, 2019, 09:15:28 AM |
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If you are not in a hurry for your money, you may consider leaving your bitcoin for a long term for price growth, but if the fund is needed urgently, then sell at a good price you consider as a profit zone.
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kryptoklerk
Newbie
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Activity: 20
Merit: 0
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September 27, 2019, 10:22:14 AM |
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Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?
Well actually the right moment is when you are making profit enough to be happy about the price you are getting. Take an example:- A guy purchased a table for 20$ and sold it for 200$ , he made profit of 180$ , now you need to decide the selling price. He may have saved it for the time it turns to 2000$ , but he didn't , or the table could have been rusted or something. You should decide and at the same time keeps heads ahead of the future price prediction and the recent events regarding bitcoins which could change the price . Well if you want to wait then you shouldn't sell 2021 is a good year , but if you wanna sell them you should do that soon since India is going to ban Bitcoins and the price can go down. maybe its going down but maybe not maybe tomorrow it will be 30k Why not?
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ivakar
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September 27, 2019, 10:34:31 AM |
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maybe its going down but maybe not
maybe tomorrow it will be 30k Why not?
it is just not possible!! no way. it is not working this way. I mean tomorrow bitcoin would jump to 30k lvl it takes time, lot of time, at least 1-3 month imho. though we, normal people and ordinary traders, do not know exactly what is going to be bitcoin's price tomorrow, so that is why it is wise to follow your needs. if you need cash - sell if not - I would wait
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Mandoy
Sr. Member
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Activity: 644
Merit: 264
Aurox
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September 27, 2019, 11:56:51 AM |
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If you really want to sell your bitcoin then consider this golden principle in trading "Buy low, Sell High". If you have purchased your bitcoin much lower compared to the value of today you can have the option to sell it now and buy more when the value goes down more. But always be wary since sometimes the value just climbed up without warning so there is also an option to sell some and leave some. But if you are looking for a big profit and is willing to take a risk then just hold on to your bitcoins and sell it after a year then you will surely have a good profit to earn.
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ChrisPop
Legendary
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Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
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September 27, 2019, 12:04:32 PM |
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Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?
You can't expect strangers that don't know a thing about your situation give you relevant advice. There is no right or wrong moment.. it's only the right or wrong moment for you. Maybe you desperately need money for something now and can't wait for long time, then maybe it's better to cash out now. Then it comes the question if you believe in Bitcoin long term or not. If you do then you have the option to take a collateralized loan for your BTC through Nexo or other similar services.
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hahay
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Activity: 3640
Merit: 1056
Leading Crypto Sports Betting & Casino Platform
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September 27, 2019, 12:36:31 PM |
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If you really want to sell your bitcoin then consider this golden principle in trading "Buy low, Sell High". If you have purchased your bitcoin much lower compared to the value of today you can have the option to sell it now and buy more when the value goes down more. But always be wary since sometimes the value just climbed up without warning so there is also an option to sell some and leave some. But if you are looking for a big profit and is willing to take a risk then just hold on to your bitcoins and sell it after a year then you will surely have a good profit to earn.
Btw, we don't know when he buy and if we see from the date of the thread we can assume the buying is made at a price range of 9k-10k, if the OP still holds it until now then obviously selling it now will not be right because the price is falling. Holding it in for a long time is indeed a good option if indeed he has patience, but when he doesn't have patience then checking prices from time to time will be a good option to be able to sell it quickly.
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kryptoklerk
Newbie
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September 27, 2019, 01:16:12 PM |
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maybe its going down but maybe not
maybe tomorrow it will be 30k Why not?
it is just not possible!! no way. it is not working this way. I mean tomorrow bitcoin would jump to 30k lvl it takes time, lot of time, at least 1-3 month imho. though we, normal people and ordinary traders, do not know exactly what is going to be bitcoin's price tomorrow, so that is why it is wise to follow your needs. if you need cash - sell if not - I would wait sure i agree but who knows how it would be? do you exept that it will get -20% in 2 days? Im not. and im very sad right now
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