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Author Topic: Should I sell?  (Read 2076 times)
bitbunnny
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June 07, 2017, 11:49:26 AM
 #41

Do what you want but I wouldn't suggest to sell now, there is no need. I'm speaking from my experience when in similar situation and under pressure and panic I misjudged the situation and sold the coins without any reason. Of course I realised that later.
The fear of big dump is always present by many people and it's true that you can't predict the situation but try to think rstionaly.

Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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senyorito123
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June 07, 2017, 12:07:44 PM
 #42

Bitcoin price is soaring. Its price trajectory is extremely steep. I fear that the Bitcoin price bubbles is reaching its point of yield. What is mean is, that such steep ascents in anything are rarely sustainable. I am going to sell my coins fairly soon. What do you all think?

Yes, you should sell it as soon as possible, due to crash is coming within a week and your bitcoin will mean nothing, worthless thing on the network. Well, I have encourage you to sell all of your coins, hopefully you can make it and never regret in the future what you've did.

Oh do you think price would crash this week? How? I don't think your comments will not be true since if there's dump gonna happen im so sure that it is not big and well bounce again maybe higher, And it is proven for so many times that this up and down movement is really happening so I conclude that you want the bitcoins price go dump so that you could buy cheaper to earn more, Is That it?


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giveen
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June 07, 2017, 12:12:37 PM
 #43

No it surely wouldn't be a good thing to sell your coins at a price like this. I totally understand that you have a feeling that people are going to sell and the price is going to drop but if you noticed few hours ago the price did fall till 2750$ and even i thought it is right time to sell , but right after that the price climbed back quickly. It's better to wait as the price had gone stably while last time it was a 700$ increase overnight so that's why it made a difference.
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June 07, 2017, 12:15:30 PM
 #44

Do what you want but I wouldn't suggest to sell now, there is no need. I'm speaking from my experience when in similar situation and under pressure and panic I misjudged the situation and sold the coins without any reason. Of course I realised that later.
The fear of big dump is always present by many people and it's true that you can't predict the situation but try to think rstionaly.
Big dumps shouldn't make you or anyone else afraid. I honestly see big dumps as a welcome opportunity to enter the market at lower prices.

In current times it's all about accumulation, and thus these dumps greatly contribute towards that goal. Important is that you for yourself turn something negative (in this case the dumps), in something positive.

If you leave enough fiat aside, and use them at the time the price gets dumped down, you'll be able to average down your overall buying price, isn't that an ideal and positive situation? Smiley

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June 07, 2017, 02:05:29 PM
 #45

Bitcoin price is soaring. Its price trajectory is extremely steep. I fear that the Bitcoin price bubbles is reaching its point of yield. What is mean is, that such steep ascents in anything are rarely sustainable. I am going to sell my coins fairly soon. What do you all think?
Dont sell.Just hold.Bitcoin journey has just begun.Yet it has more turning points to come.Bitcoin price is now around $2800.Soon it would reach $5000.So no wise person would sell bitcoins now.

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June 07, 2017, 03:28:31 PM
 #46

Bitcoin price is soaring. Its price trajectory is extremely steep. I fear that the Bitcoin price bubbles is reaching its point of yield. What is mean is, that such steep ascents in anything are rarely sustainable. I am going to sell my coins fairly soon. What do you all think?
I think that you should not say that bitcoin price bubble is reaching the point when it should go down, because you need to remember that actually it is not possible to tell when bitcoin will stop rising or just stop increasing its market cap- its just impossible.
Cryptocurrencies are so unpredictable that it makes such an analysis a little bit useless, I think that you should more look at your goals that you want to achieve with your trading, and then decide according to this data.
If you are already satisfied with the profit you can make on the current BTC price, then just sell it! But to be honest, I think that everything over 2000$ is already a great price, i think it will go below that in some time but it is already high if you look at the chart, so it is a good occasion for selling.
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June 07, 2017, 04:15:42 PM
 #47

I always use this scheme. If you really really want to sell and fix profit but not sure if the moment is right, sell 40% and then sell 10 or 20% with every 5-10 percent growth.
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June 07, 2017, 07:17:18 PM
 #48

Bitcoin price is soaring. Its price trajectory is extremely steep. I fear that the Bitcoin price bubbles is reaching its point of yield. What is mean is, that such steep ascents in anything are rarely sustainable. I am going to sell my coins fairly soon. What do you all think?

Do you want to sell it? If yes then do do, if not then don't. No one can give you an accurate advice for that. And if somehow you listened to an advice about this matter and the outcome is unacceptable, are you going to blame that person? By all possibility, you should decide on your own. That is a decision that only you must make and accept whatever the outcome will be. Relying on others for your decision is a bad habit. Stand on your own feet.
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June 07, 2017, 07:43:24 PM
 #49

Do what you want but I wouldn't suggest to sell now, there is no need. I'm speaking from my experience when in similar situation and under pressure and panic I misjudged the situation and sold the coins without any reason. Of course I realised that later.
The fear of big dump is always present by many people and it's true that you can't predict the situation but try to think rstionaly.
It might lead to deep regretting if we sell at current price levels. We should never be hurry for selling bitcoins, and the decisions for selling bitcoin must be taken after many technical analysis if we are concern about nor under go any regret after selling bitcoins. Still, definitely every bitcoiner will regret when bitcoin will be having some very massive prices after some year from selling bitcoins.
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June 07, 2017, 08:04:15 PM
 #50

Bitcoin price is soaring. Its price trajectory is extremely steep. I fear that the Bitcoin price bubbles is reaching its point of yield. What is mean is, that such steep ascents in anything are rarely sustainable. I am going to sell my coins fairly soon. What do you all think?

It is upto you that what research and analysis you have done on bitcoin and when you feel that the price is good to sell then dont listen others comment and just sell them, but if you want to benefit from the high price fluctuation then sell in parts on each rise and when ever you see good dump then buy back , so your coins will be same and you will taking the profit in between.
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June 08, 2017, 06:17:29 PM
 #51

it depends on your feels. do you think bitcoin will go down now? but what if bitcoin will go 10x high in the next month or years.. just what if.. think and think and think before you decide.
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June 08, 2017, 07:20:44 PM
 #52

it depends on your feels. do you think bitcoin will go down now? but what if bitcoin will go 10x high in the next month or years.. just what if.. think and think and think before you decide.

Feelings are a bad guide. Everything you do should be based on proper analysis of the market, plus you have to set yourself clear and realistic targets. Other than that, if you want to prevent yourself from missing out on a potential increase, it's better to just cash out a small portion of your coins. If the price happens to go up after that, you'll be having enough coins aside. If the price happens to tank, you'll be having some fiat aside to buy back at lower levels.
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June 08, 2017, 08:44:39 PM
 #53

Bitcoin price is soaring. Its price trajectory is extremely steep. I fear that the Bitcoin price bubbles is reaching its point of yield. What is mean is, that such steep ascents in anything are rarely sustainable. I am going to sell my coins fairly soon. What do you all think?
Dont sell.Just hold.Bitcoin journey has just begun.Yet it has more turning points to come.Bitcoin price is now around $2800.Soon it would reach $5000.So no wise person would sell bitcoins now.
every person has their own choice that either he should sell their bitcoin or wait. i will certainly like to wait, because there are more chances that the price of bitcoin will increase. and therefore i do not want to miss any chance, i will like to continue holding bitcoin tell its price cross 5000$. and i am sure that very soon we are going to cross 5000$ and not wait too much for that price.
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June 08, 2017, 09:06:52 PM
 #54

Bitcoin price is soaring. Its price trajectory is extremely steep. I fear that the Bitcoin price bubbles is reaching its point of yield. What is mean is, that such steep ascents in anything are rarely sustainable. I am going to sell my coins fairly soon. What do you all think?
Do not sell now as you are on mistake. You will regret because the price of bitcoin will increase more in the coming future. If you will be patience for a little more and you will hold your bitcoin for more longer then you will get a high profit from that income.
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June 08, 2017, 09:07:21 PM
 #55

Bitcoin price is soaring. Its price trajectory is extremely steep. I fear that the Bitcoin price bubbles is reaching its point of yield. What is mean is, that such steep ascents in anything are rarely sustainable. I am going to sell my coins fairly soon. What do you all think?
Dont sell.Just hold.Bitcoin journey has just begun.Yet it has more turning points to come.Bitcoin price is now around $2800.Soon it would reach $5000.So no wise person would sell bitcoins now.
every person has their own choice that either he should sell their bitcoin or wait. i will certainly like to wait, because there are more chances that the price of bitcoin will increase. and therefore i do not want to miss any chance, i will like to continue holding bitcoin tell its price cross 5000$. and i am sure that very soon we are going to cross 5000$ and not wait too much for that price.
Guys, I think that today there is not even any reason to think about selling Bitcoin. The fact is that today we are on the verge of a grandiose bargaining price up. We risk losing more if I decide to sell crypto currency.

.


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June 10, 2017, 03:35:51 AM
 #56

Bitcoin price is soaring. Its price trajectory is extremely steep. I fear that the Bitcoin price bubbles is reaching its point of yield. What is mean is, that such steep ascents in anything are rarely sustainable. I am going to sell my coins fairly soon. What do you all think?
If that is what you want do it, no one can stop you but I prefer to play the long term game rather than to try to guess if bitcoin is going to go up or down.
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