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Author Topic: Should I sell bitcoin now?  (Read 1035 times)
btc78
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April 15, 2020, 08:56:26 AM
 #61

I'm afraid Not because market is much stable now and seems that we are all only waiting for growth again and nothing more.
the Bear has gone and only the Pandemic is hindering us to Enter Bull and also consider the Halving and that's enough reason to keep waiting or consider Buying more.i Know many Fud are still around but the life of each people here must remain in support as they are investing in Good faith.
But if leaves you no Option since the needs of Fiat is here now then do it with limitation to withdraw.

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April 15, 2020, 12:56:19 PM
 #62

If you have weak hands and mostly believe on what you read, then sell if that's what you think good for you. One reason why you need to have a strong mind if you are a crypto user to make a better decision in this kind of situation. Better believe in what you see, analyze on yohr own, predict on your own, price seems calm after the price fall. It's not yet time to sell, i'd rather wait for increase than taking the risk and sell right now.
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April 15, 2020, 01:05:17 PM
 #63

Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
I see that you are not a trader and base on your statement I can consider you as a newbie yet in terms of investment as you give too much attention to other speculation. The market is indeed very volatile but you should put more trust to your investment, if you are not that in need with your money then hold it for a long term one or until the end of this year and you will surely get a good amount of profit.

The market will not die that easily as many will try to buy some btc if it will goes down that deep, so as of this moment the best thing to do is to buy more instead of selling your assets.

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April 15, 2020, 11:29:29 PM
 #64

The current policies are supporting BTC's pice. The inflation will be higher if bubbles at the stock markets and the immo bubbles explode.

As a consequence people will look for gold and Bitcoin.
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April 16, 2020, 05:57:34 AM
 #65

Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
If there is a Good analysis that will cross and make me believe about this?why not sell all my holdings lol.

But the Problem is there is no Concrete reason why the price will fall down to 3k again not Unless market is really manipulated then lets expect nothing but fall again.

Last march the Fall happens because of the Pandemic that starts in December but spreads only in March thats why people here reacted that bad.
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April 16, 2020, 06:32:06 AM
 #66

for the moment I am thinking about falling prices. if you don't want to sell your bitcoin at prices under $ 6k, this might be a good opportunity to sell it. Think back, if you really don't want to take the risk. it's just that if you manage to hold back, and the situation turns back in favor, it could be that the price of bitcoin reaches a price of $ 10k, or more. personally I will hold my current assets, even though it is quite difficult.

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April 16, 2020, 08:15:51 AM
 #67

If you want to sell bitcoin now, make sure you sell at the high price so you can buy back bitcoin if the price is down in a few hours later. But if you are afraid to sell right now, you don't have to do anything, and only hold your bitcoin until the price can increase, but there is no guarantee to know when it will reach the highest price. You need to decide by yourself, and even if we suggest you to sell it now, it doesn't mean that you should follow the suggestion because that is your bitcoin, and you should know what you need to do.

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April 16, 2020, 08:57:06 AM
 #68

Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
Dont just believe what  you are reading in the forum because this won't help you profit,if you are a here for years now then you should know that analyst is not that very trustable in this forum for having different opinion and false views in future.

As a consequence people will look for gold and Bitcoin.
But for sure people will choose Bitcoin because Gold moves slowly and cannot even make the price double in a year things that Bitcoin can do multiple times in a row.









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April 16, 2020, 03:49:50 PM
 #69

It did went down for so much just a month ago. Like 4.8k right? I think that is already the right time to buy it.
But this as a selling point. Not in my view. Not yet.

Although there is a virus that is circulating around the world it is not yet the time for investors to sell their bitcoins and just save it with cash.
That will be a waste I think, specially to those who are not yet at ROI.
You might have seen some slight decrease but those could just be people who are now having a hard time to make money and are now in need to buy necessities so they jump into selling their bitcoin.

This kind of crisis will really put to test to skill of investors, those that are investing money they cannot really afford to lose will have no other option but to sell their coins even if they do not want it as they have no more money and they will need that money to cover their expenses, but the smart investors that are only using a portion of their capital can use the current opportunity it has presented itself to buy all the bitcoin they can for a low price now and obtain great profits in the future once the markets go back to normal.
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April 16, 2020, 07:42:32 PM
 #70

It did went down for so much just a month ago. Like 4.8k right? I think that is already the right time to buy it.
But this as a selling point. Not in my view. Not yet.

Although there is a virus that is circulating around the world it is not yet the time for investors to sell their bitcoins and just save it with cash.
That will be a waste I think, specially to those who are not yet at ROI.
You might have seen some slight decrease but those could just be people who are now having a hard time to make money and are now in need to buy necessities so they jump into selling their bitcoin.

This kind of crisis will really put to test to skill of investors, those that are investing money they cannot really afford to lose will have no other option but to sell their coins even if they do not want it as they have no more money and they will need that money to cover their expenses, but the smart investors that are only using a portion of their capital can use the current opportunity it has presented itself to buy all the bitcoin they can for a low price now and obtain great profits in the future once the markets go back to normal.
It depends into your financial capability since we know that not all would really have that kind of chance or status in life where you can anytime buy since you do have the money on a specific time.
Its really hard to make up a decision or sell on loss when you do saw that you would need up some money for the sake of your needs which i dont see anything wrong with that.
Its nothing new for that kind of emotion where you do see your portfolio turns to red due to market condition and as said we do have our corresponding reaction towards on that.

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April 17, 2020, 05:45:18 AM
 #71

at this time, the price of bitcoin has reached a new price of $ 7k. I'm not sure that selling bitcoin right now is the right thing. although there is a potential that the price of bitcoin can drop to $ 6k again, but I think the rise in bitcoin prices will slowly approach the price of $ 8k. halving happens next month, so it could be the beginning of the year the price of bitcoin reaches a price of $ 10k. just a little longer, that's my suggestion.

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April 17, 2020, 03:30:12 PM
 #72

Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
If you still have money to used to provide the things that you need, it might be okay to sell out your bitcoin. But if you still have a money to spare for your neccesities, it will be a bad time for you to sell out your bitcoin because it is normal for bitcoin to make a huge dump every year. All you need is to have patience and faith in bitcoin because sooner or later bitcoin could also make a huge pump due to it's volatility, so you better hold your bitcoin and have have patience for you to maintain your long term investment because might reach it's price to 20k USD again.

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April 17, 2020, 10:39:59 PM
 #73

at this time, the price of bitcoin has reached a new price of $ 7k. I'm not sure that selling bitcoin right now is the right thing. although there is a potential that the price of bitcoin can drop to $ 6k again, but I think the rise in bitcoin prices will slowly approach the price of $ 8k. halving happens next month, so it could be the beginning of the year the price of bitcoin reaches a price of $ 10k. just a little longer, that's my suggestion.
I can't fathom to understand that Bitcoin would go down that far to deep dive at $3,000. It's beyond to what I see happening in the market right now and I don't know where on earth is that coming. Should we believe them that it would go down to $3k? Why don't we just HODL instead of selling? HODL is much more safer than risking to blend in with the trend, don't they?

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April 18, 2020, 04:42:01 PM
 #74

Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
we see the situation of the price of Bitcoin first, and how the whales play, if indeed everyone expects Bitcoin to $ 3000, maybe the pope will not leave it alone, the price could be to $ 8000- $ 10000 before halving, don't get a trap!

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April 19, 2020, 08:10:25 AM
 #75

Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
we see the situation of the price of Bitcoin first, and how the whales play, if indeed everyone expects Bitcoin to $ 3000, maybe the pope will not leave it alone, the price could be to $ 8000- $ 10000 before halving, don't get a trap!

I just will hodl now. If it slums to 3,000 well is another round of waiting but a higher levels to 10,000 means the bull has resumed for the next run link in 2017. But on the optimistic it is going up for highs after halving history is coming back.
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April 19, 2020, 10:53:55 PM
 #76

Everything we heard here was only insights that creates different stories, and it affects the emotions of every person who happens to read every opinions. Let's respect those ideas about bitcoin price, but to an extent of 3k per btc I think that's worst case scenario.
Selling your bitcoin isn't a good options nowadays, because you're not helping your asset grow.
The brilliant idea to do while market hasn't able to recover, is to wait and hold before perfect day will come for entire cryptocurrency.
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April 20, 2020, 06:12:06 AM
 #77

Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
we see the situation of the price of Bitcoin first, and how the whales play, if indeed everyone expects Bitcoin to $ 3000, maybe the pope will not leave it alone, the price could be to $ 8000- $ 10000 before halving, don't get a trap!

I just will hodl now. If it slums to 3,000 well is another round of waiting but a higher levels to 10,000 means the bull has resumed for the next run link in 2017. But on the optimistic it is going up for highs after halving history is coming back.
from the results of my latest analysis, it looks like Bitcoin will start a new bullish path, and $ 3,000 for now doesn't seem to be seen anymore,
Halving is near, the bull is coming you should note this, some people also say the bull is coming, and if you Hold Bitcoin in price now is not bad,
$ 8,000 is resistance, hope you can get there

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April 20, 2020, 09:33:54 AM
 #78


from the results of my latest analysis, it looks like Bitcoin will start a new bullish path, and $ 3,000 for now doesn't seem to be seen anymore,
Halving is near, the bull is coming you should note this, some people also say the bull is coming, and if you Hold Bitcoin in price now is not bad,
$ 8,000 is resistance, hope you can get there

$8,000 resistance seems so hard to break as well. Many people say the bull is about to come, but It doesn't seem like the price is going that way, and falling below $5,000 doesn't seem its going to happen anytime as well. We're floating sideway in this figure and it's hard to tell where will the price is going.
Anyway, I think having the vaccine available in public to cure the covid will somehow make an impact in the market.
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April 20, 2020, 11:43:58 AM
 #79

Everyone is telling that bitcoin is going to 3K. Every news and notifications points that the trend is going towards 3K.
Bitmex CEO is twitting he believes bitcoin could go even as low as 2100, so would it be better to sell my bitcoin now and buy for 50% cheaper?
Seems like everybody are trying their best to decrease the price, it might be better to move with the herd?
Nope this is the bottom and you will only lose the momentum to profit if you decide to sell your Bitcoin mate ,we can see it on how the market is Going now and the stable of prices specially Bitcoin to $7000 is a good sign.
at this time, the price of bitcoin has reached a new price of $ 7k. I'm not sure that selling bitcoin right now is the right thing. although there is a potential that the price of bitcoin can drop to $ 6k again, but I think the rise in bitcoin prices will slowly approach the price of $ 8k. halving happens next month, so it could be the beginning of the year the price of bitcoin reaches a price of $ 10k. just a little longer, that's my suggestion.
what New price mate?we have been in 7k level for more than 2 weeks now and almost Hit 7,500$ recently .

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April 20, 2020, 12:34:25 PM
 #80

It will be a good news for those who are still waiting for a cheaper price to buy.
But for those who have already bought now, it might become a regret causing a deep dump.

Bitcoin have its ups and downs and I think we should not worry much about this unless you are a trader or some sort.
It will not be profitable for us who are holding spreading some kind of a FUD.

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..PLAY NOW..
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