Wysi
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December 30, 2020, 06:36:48 PM |
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I would say you made a right decision if you don't want to risk but you could have set a target to sell when Bitcoin drops more than $1000 and by this way your loss will be lesser bt if the value of Bitcoin increases further then your profit will be more. Anyways, you made a wise decision if you don't wanna risk and I think possibilities of bitcoin dropping down to $6000 again is something which I don't think might happen in near future.
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Reid
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December 30, 2020, 07:11:54 PM |
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Sold out? You mean, you left nothing? Well, we respect every decision of every member here and I think you have done yours without regrets or any doubt. That's good for you. I sold a part of my investment but not all. You wouldn't know what will come up next. $6k though is a far number from this one and this might not become the event where history will repeat itself. Anyway, enjoy your money.
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adzino
Copper Member
Hero Member
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Activity: 3052
Merit: 576
www.Crypto.Games: Multiple coins, multiple games
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December 30, 2020, 07:27:39 PM |
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-snip- I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
-snip-
What if that $6,000 never comes? How are you so sure that it might hit "maybe next year"? So, if the price never falls below the expected level, I guess you will never buy bitcoin, but why though? Is it because you think the current price is "too expensive" to afford? In that case, why not just buy fractions? Maybe get $6,000 worth of bitcoin? Is it because you think its too late and chances are its going to crash? In that case, you better stay off and at least be prepared not to regret when you see the price increase further.
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XavierLaurent
Jr. Member
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Activity: 82
Merit: 2
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December 30, 2020, 08:43:42 PM |
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I had a small amount of BTC laying around back in 2018 which I later sold. Got them when they were low, at around 1k and sold them for like ~4k. lately I felt FOMO considering recent price hike so I went again and bought some back. This time I'm not sure whether I'd sell them or not. Probably would hodl for as long as I can.
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MCobian
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December 30, 2020, 09:13:32 PM |
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It's your choice if you want to find it safe by selling all the Bitcoin and altcoins you have. But if you really know the crypto world, very pity you do that. Because there is still a possibility that next year the Bitcoin price will still rise even higher and will not drop to a price of $ 6000. If this happens then you will regret it, I did not do what you did. Because in my opinion you should only sell part of the Bitcoin and altcoins that you have, and some remain in HODL.
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dre1982
Sr. Member
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Activity: 770
Merit: 284
★Bitvest.io★ Play Plinko or Invest!
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December 30, 2020, 09:21:50 PM |
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I sold two bitcoins for €250 some years ago. Too bad I needed the money back then. Otherwise I had saved some of that.
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ningrum
Full Member
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Activity: 1610
Merit: 103
The OGz Club
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December 30, 2020, 10:33:50 PM |
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of course not! I prefer to sell bitcoin above $ 50k or $ 100k, because I believe it will be achieved in the future, it's not that I'm greedy, but if you look at the Bitcoin chart analysis it is able to get to that level.
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panganib999
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December 30, 2020, 11:36:46 PM |
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I sold two bitcoins for €250 some years ago. Too bad I needed the money back then. Otherwise I had saved some of that.
Also 2 years ago, I sold my bitcoin. Although I didn't have 1 bitcoin but I did able to sell all that I have. And yes, I also wondering what will be my profit if I sell it today than yesterday. But look, the main point is that you need some money, and you need to earn because of who knows, emergency. Still, the price last 2 years when we sold our bitcoin is good. Although is not that high as today, still earned some peofit though. Anyways, selling bitcoins or other coins is depends on a person. Yesterday the value was also good and for us it is a high time. In that money, I able to but all the things that I want and things that I need. I also able to share it to my parents and siblings. Today, I always wondering things about my old savings yet I push myself to work hard today so that I able to have savings again. Besides yesterday's earning is a profit.
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0t3p0t
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December 31, 2020, 02:39:15 AM |
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I already sold out all my Bitcoins, and other crypto.
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
What about you?
I don't really have Bitcoins this year because I am working with my day job until I lost it on the second quarter of 2020 due to pandemic. But if ever I were given a chance to invest in Bitcoin I would still stick into the basic buy low sell high strategy.
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skpanchal
Jr. Member
Offline
Activity: 79
Merit: 1
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December 31, 2020, 04:13:48 AM |
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Yes I buying Bitcoin in 2018 when it's price come down to the 3800 something I sell btc in October 2020 btc price go to a 10 k something
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pecson134
Sr. Member
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Merit: 250
★Bitvest.io★ Play Plinko or Invest!
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December 31, 2020, 04:22:42 AM |
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I already sold out all my Bitcoins, and other crypto.
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
What about you?
For now I will still hold for it. I can't say for sure if the price would still go up high but based on the previous month I had a hunch that it may increase more on the following months to come. Besides I had nothing to use it for now yet so I'll save it for the best time possible.
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gabbie2010
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December 31, 2020, 04:27:12 AM |
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I already sold out all my Bitcoins, and other crypto.
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
What about you?
Looks like it’s game over for you newbie. Bitcoin is never going to 4 figures in USD again. You made a big mistake, I’d advise you to buy back now before it goes up any more. We’re at the start of the next bull cycle, never sell at the start of a bull cycle. I agree that 6,000 may be a dream destined not to come through but buying immediately because we want to catch up for profit is not a proper business plan. Waiting for the correction can be okay and more down is proper to make a come back to hodl because bitcoin is flying more by next year. On which analysis is the price retracing to $6K? the truth is that the price might never reach that a price again maybe the price might be corrected to $24K however that is just a speculation the present price outlook seems the bulls had already taken over the market completely for a longer term perspective, the price is presently above $29K and those who sold now have nothing to lose likewise those who are hodling are also taking a risk that is worth taking who knows where the price will reach in 2021? institutional adoption of bitcoin is growing daily basis.
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ethereumhunter
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December 31, 2020, 07:39:47 AM |
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Yes I buying Bitcoin in 2018 when it's price come down to the 3800 something I sell btc in October 2020 btc price go to a 10 k something
Good, you can sell bitcoin at the current price if you want, so you can make a big profit from bitcoin. But it is okay if you want to still your bitcoin and will sell bitcoin if the price reaches more than $30k. Right now, many people who have bitcoin are happy because they can recover the losses that they have from a long time ago. But some others got losses because they miss the chance to sell bitcoin at a high price.
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Bitcoin-Pro (OP)
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December 31, 2020, 09:18:36 AM |
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i'm old holder of Bitcoin since years. i sold many on 2017 when it was about $14~$18k now i sold all again in range $19~22k
I would buy bitcoin again someday when it fall.
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refBitcoin.com - Bitcoin Marketing
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bryant.coleman
Legendary
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Activity: 3780
Merit: 1219
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December 31, 2020, 11:16:10 AM |
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Just today, I sold BTC0.05 from my stash for around $1,400. I have been doing this for the last 2-3 years now. Back in 2018, I decided that every year I will be selling around 20% of my coins. But the prices were really low in 2018 and 2019, and this meant that if I had held on to those coins, then I would have got better returns. But I have no regrets. I still have plenty of coins remaining in my wallet.
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lepbagong
Full Member
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Activity: 2352
Merit: 121
Reward: 10M Sheen (Approx. 5000 BNB) Bounty
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December 31, 2020, 11:56:15 AM |
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Yes I buying Bitcoin in 2018 when it's price come down to the 3800 something I sell btc in October 2020 btc price go to a 10 k something
This is arguably the long term investment you have made and it does happen, and you are bound to enjoy what you have been doing for a long time. it is not easy to be able to hold back when the price has gone up in order to keep up until the very right time. Good, you can sell bitcoin at the current price if you want, so you can make a big profit from bitcoin. But it is okay if you want to still your bitcoin and will sell bitcoin if the price reaches more than $30k. Right now, many people who have bitcoin are happy because they can recover the losses that they have from a long time ago. But some others got losses because they miss the chance to sell bitcoin at a high price.
of course what you inform him is certainly very useful because indeed what you predict is not much different from what I thought. I even predict that for the value of $ 30K bitcoin can quickly reach after next year. no need to be afraid to rush to sell it and don't hesitate to lose the moment you say that you don't sell when the price is high. instead, bitcoin will make a fantastic move and will give rise to renewable ATH again. it might even be several times bigger than 2017.
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dre1982
Sr. Member
Offline
Activity: 770
Merit: 284
★Bitvest.io★ Play Plinko or Invest!
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December 31, 2020, 12:52:34 PM |
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I sold two bitcoins for €250 some years ago. Too bad I needed the money back then. Otherwise I had saved some of that.
Also 2 years ago, I sold my bitcoin. Although I didn't have 1 bitcoin but I did able to sell all that I have. And yes, I also wondering what will be my profit if I sell it today than yesterday. But look, the main point is that you need some money, and you need to earn because of who knows, emergency. Still, the price last 2 years when we sold our bitcoin is good. Although is not that high as today, still earned some peofit though. Anyways, selling bitcoins or other coins is depends on a person. Yesterday the value was also good and for us it is a high time. In that money, I able to but all the things that I want and things that I need. I also able to share it to my parents and siblings. Today, I always wondering things about my old savings yet I push myself to work hard today so that I able to have savings again. Besides yesterday's earning is a profit. On the other hand I never bought any crypto so everything was all profit. Later I sold half bitcoin end 2017 for a good price but compared with today its not that big anymore. ;-)
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Kong Hey Pakboy
Member
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Activity: 1120
Merit: 68
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December 31, 2020, 02:42:30 PM |
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I already sold out all my Bitcoins, and other crypto.
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
What about you?
In my opinion, you also made a good decision selling all of your bitcoin and altcoins because you definitely made a good profit during the bull season, then start buying bitcoin again if the price decrease again. I also don't think bitcoin will go back to $6000 again because bitcoin's price is currently stable in $28,000 that it can probably $30,000 next year.
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Debonaire217
Sr. Member
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Activity: 644
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In Code We Trust
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December 31, 2020, 03:06:52 PM |
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I hodl my bitcoins when its price is somewhere 9k, but I was very tempted to sell it when it spikes to 14K, right now, I am really frustrated with my decision but I always keep in mind that profit is already a profit and I didn't really lose anything with it. I am really thankful to experience this whole great high in history that is why I am planning to accumulate a good amount of BTC as soon as it falls into a correction. This signifies that Bitcoin for long is really going to acquire good market price which we can say that we're still on its early days.
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kevinzxz
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👉bit.ly/3QXp3oh |🔥Launchpad on TON
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December 31, 2020, 03:12:08 PM |
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I already sold out all my Bitcoins, and other crypto.
I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
What about you?
I think there is no way the price of Bitcoin will dump to $6k again, because I see the current state of cryptocurrency market is very good (market cap always increases every day) and I also haven't sold Bitcoin that I have, because my target for Bitcoin price is $35k, so before the price of Bitcoin reaches $35k, then I will never sell Bitcoin that I own.
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