Someone with experience please answer me.

[closser]

Hello guys, first off i'm sorry for my complicated english.

So let me go straight, my question is: is bitcoin value going down more and more in the next days ? or we expect it to grow up ?

I'm about to cash some bitcoin and yea because  i'm in a big panic i might loose them totaly, because i already lost alot, i gained them when the btc value was around 750$, so i'ts a big loose already for me ... im talking about 3/3.5 BTC.

So what do i need to do? to cash the btcvia WU ( and through what? i used Localbitcoin before).... or i should wait... ?

I'm sorry if this is a duplicated thread, but i needed to be specific with my problem.

Thank you i hope i get an answer from someone with experience on BTC today...

[silvestar]

Hello guys, first off i'm sorry for my complicated english.

So let me go straight, my question is: is bitcoin value going down more and more in the next days ? or we expect it to grow up ?

I'm about to cash some bitcoin and yea because  i'm in a big panic i might loose them totaly, because i already lost alot, i gained them when the btc value was around 750$, so i'ts a big loose already for me ... im talking about 3/3.5 BTC.

So what do i need to do? to cash the btcvia WU ( and through what? i used Localbitcoin before).... or i should wait... ?

I'm sorry if this is a duplicated thread, but i needed to be specific with my problem.

Thank you i hope i get an answer from someone with experience on BTC today...

IMO, it may stay around the current level for some time, and may go back up later this year. But that is just my own speculation

[closser]

Hi there, thank you for the reply, yea idk what to do waiting for some other guys too ... THANKS once again i appreciate it.

[monsterbitty]

My speculation is, it would definitely go back to your buying price sometime this year, but it is just my own thinking. Just sell it off if you feel that it will crash very soon.

[placebochallenge]

Sell on Coinbase, BitStamp, or locally if you want to sell. Just don't kick yourself if the price starts to rise again.

[monsterbitty]

Sell on Coinbase, BitStamp, or locally if you want to sell. Just don't kick yourself if the price starts to rise again.

Or localbitcoins, if you want to get money fast.

[cp1]

It is going to go down, but then it'll go up.  Unfortunately it'll go down after that, but luckily it'll go up after.

[closser]

thank you everyone for the replies, i really appreciate it, seems that ill need to cash them unfortunately....

[dbshck]

Actually nobody knows whether the price will go up or down
But I believe it will rise again this year and if you are not really need the money, I think its better to hold and wait for it to go up

Just my 2 sats

[shorena]

It is going to go down, but then it'll go up.  Unfortunately it'll go down after that, but luckily it'll go up after.

So better buy high and sell low

-snip-

[Honeybooboo]

Nobody can tell you because nobody knows.

[closser]

These last replies got me confused right now....

[Buziss]

I bought Bitcoins at $3 - it went to $7 and then crashed down to $4.20 - I panic sold everything at the bottom at $4.20
I then waited and bought back at $5 when things seemed more positive.

Ever since I've just held.

If you sell just make sure you buy back when it looks positive again otherwise you'll regret it for the rest of your life.

I wish I have heard of bitcoin in those days when the price is still in single digit lol

[Buziss]

These last replies got me confused right now....

If you need some fiat now, you should probably sell your bitcoin now.
If not, you could take your bitcoin as a longterm investment and hold it for at least a year.

[odolvlobo]

So let me go straight, my question is: is bitcoin value going down more and more in the next days ? or we expect it to grow up ?

I'm about to cash some bitcoin and yea because  i'm in a big panic i might loose them totaly, because i already lost alot, i gained them when the btc value was around 750$, so i'ts a big loose already for me ... im talking about 3/3.5 BTC.

I recommend that sell your BTC so that you can sleep at night. You don't have the knowledge, skill, experience, time, and patience to invest in BTC. Take the loss and invest what is left into something that is not as volatile and stressful.

The fact (and the problem) is that you are investing money in BTC that you cannot afford to lose. The reason that you see so many people write "don't invest money in BTC that you can't afford to lose" is that there is a high probability that you will lose it all.

Don't listen to anyone's predictions. Nobody knows what will happen. Everyone is just guessing.

[Flashman]

It is going to go down, but then it'll go up.  Unfortunately it'll go down after that, but luckily it'll go up after.

So better buy high and sell low

-snip-

If you look at the 1 week and 3 day charts on bitcoinwisdom.com you'll see we're under the moving average at the moment. Therefore I think we're back in the "stealth" phase of that graph again... (bearing in mind that thing has repeated every 7 months for BTC so far)

[bitkanu]

if you see stat of last year about growth of bitcoins price its seems very motivated to us  you need to go with holding your bitcoins and need to sell on right time so you need follow market in daily bases

[cookiemonsterwhat]

Just buy and hold.

The prices are always volatile, but if you can get a chance to see it below the average price, like eg: $200, buy it then just hold.

I wouldnt want to take the chance to wait for any lower.

[Tammy Chan]

Found the following figure in another thread (https://bitcointalk.org/index.php?topic=583149.0)