1 btc=8000$ (buy or sell?) - page 2.

richardsNY

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Quote from: Granxis on November 17, 2017, 02:35:30 PM

The $ 8000 level is very critical for BTC, because the price has been pulled down 2-3 times with huge sales, I think everyone sees the $ 8000 level as the peak. I have the same opinion.

People have considered the $5000 level to be the peak, the $6000 level, $7000, and now $8000. Market analysis doesn't make much sense anymore, since the price demolishes each and every peak prediction effortlessly. There is far too much global demand to allow this market to sink for longer periods of time, that should be clear by now -- every dump gets bought up in a very quick fashion, and that repeatedly. At this point it's safe to say that holding is the best way to go, or if you're up for some action, trading the volatility might turn out to be a profitable practice too. For me personally trading in a market that's more unpredictable than ever before, comes with too much risk, so I'll stick to holding for now.

fireblond

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Thrive

Yeah true It's dropped to 7550$ at the moment, but I'd wait as selling has this snowball effect and when people from all around the world wake up they might sell and you could score yourself some cheap Bitcoin Cheesy

lvincent

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If you already has a big profit on bitcoin well i think it's much better for you to sell some of your btc just to be sure you'll earn money so even when the value of bitcoin suddenly goes down atleast you already has a big profit from it, cause it's a little bit scary since bitcoin price just keep increasing until now that's it's value is too high so just to be sure sell some of it and hold maybe half of it.

mx667

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Quote from: ivrynx on November 17, 2017, 07:19:11 PM

If you have been holding you Bitcoin for a long time, I think it might be a good idea to sell it at around 8000 USD, since you already had profited with a high capital growth, however if you just bought you Bitcoin just within the last few months, for me the gain is not yet that high, but it will be up to your needs. There is a reason why we invest in Bitcoin and that is to have a comfortable life, if you think cashing in your Bitcoin at 8000 USD will give you so, then do it, but if you are not yet going to use the money keep holding on to your Bitcoin and watch the price go up, since we can never tell if the value of Bitcoin at the end of the year will be at 8000 usd or more.

Buy and collect only Bitcoin as much as possible. You just sell when you need money and never sell just because the price is going down. The rise and fall of the price of a cryptocurrency is natural and we need not to be afraid.

For myself, I will always collect Bitcoin whatever happens. I will not sell until the next few years and I'll sell when I've got a lot of profit. I plan to wait until the amount of my money and the Bitcoin price has reached a sufficient number to buy a house. I want to use my Bitcoin to buy a house, business capital, and to buy a gaming computer. I have a plan to make Ethereum mining. I also want to manage my website and other online work.

engrshu

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Quote from: bamb on November 17, 2017, 01:37:59 AM

For me personally, I do not sell my bitcoin. However I do take out money for pressing need from time to time from bitcoin. The price discovery of bitcoin is not going to stop anytime soon. So brace yourself for more bitcoin advancement!

Indeed. If it's for emergency purposes then sell only half of it. Just hold the half and wait for the right time as he said the price of the bitcoin will not going to stop. But if you have enough money, then buy more then.

ivrynx

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If you have been holding you Bitcoin for a long time, I think it might be a good idea to sell it at around 8000 USD, since you already had profited with a high capital growth, however if you just bought you Bitcoin just within the last few months, for me the gain is not yet that high, but it will be up to your needs. There is a reason why we invest in Bitcoin and that is to have a comfortable life, if you think cashing in your Bitcoin at 8000 USD will give you so, then do it, but if you are not yet going to use the money keep holding on to your Bitcoin and watch the price go up, since we can never tell if the value of Bitcoin at the end of the year will be at 8000 usd or more.

Dempsay

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I was lucky to have sold a BitCoin $ 8000, before the milestone we can note.

chineseprancing

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Quote from: BabyBoss on November 17, 2017, 06:32:14 PM

My opinion about this you still Holding. Keep holding your bitcoin because it comes to reach approximately $10,000 before plan to sell. Remember bitcoin has a great potential upon all coins So, better hold it than you will regret after bitcoin reach $10,000

Buying and selling bitcoin is an option that choose by the owner. The decision is always made by the owner there's no wrong regarding buying and selling. But for now it's better to sell because price of bitcoin now in the market is almost reach $8000 and I feel that it was fall down sooner or later.

MrGaSp

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If I see that price in coming days then it without thinking much I will sell half of my bitcoins to earn best profits on my investments as I have bought bitcoins at very low price last and $8k is my target price to sell my bitcoins but I will not sell all my bitcoins and will save half of them in my wallet for future profits as if price can reach $8k then anything is possible with the price of bitcoins in near future.

harizen

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For support ➡️ help.bc.game

Quote from: kuronokishi10 on November 16, 2017, 10:31:54 PM

What are your views on this?

Same question was being asked when the price hits $1,000 , $2,000 , $3000 and so on... that is the time when this price levels are considered "high". Now that it way more become higher, are we going to still have a doubt if we want to enter or not?

If a person really wants to enter bitcoin investment, they must accept that they have to deal with the current price at any cost. Yes they should have guts to throw away money and see what will be the output thereafter.

To make it short, if you really need to convert then dump. If you eye for long term and wants to add more to your hold coins, they buy. Up to you to decide.

appleffi

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One of a kind

Quote from: kuronokishi10 on November 16, 2017, 10:31:54 PM

What are your views on this?

Hold this one! I have a strong feeling that it will reach as high as $12k. Its really worth a wait, but if you really need cash you sell now but I advise not to sell it all maybe 25% of what you hold or sell based on how much you need by this time.

BabyBoss

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My opinion about this you still Holding. Keep holding your bitcoin because it comes to reach approximately $10,000 before plan to sell. Remember bitcoin has a great potential upon all coins So, better hold it than you will regret after bitcoin reach $10,000

HatakeKakashi

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It's your choice if you buy bitcoin or you sell bitcoin because as of now the price of bitcoin is 7700 dollars the price last fee hours ago is near at 8k dollars. And I believe the price will increase more and possible price of bitcoin before end of this year is 10k dollars. So if you have extra money right now invest that in bitcoin and for sure you will earn some profit in month of december 2017.

syberwolfen

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Quote from: Granxis on November 17, 2017, 02:35:30 PM

The $ 8000 level is very critical for BTC, because the price has been pulled down 2-3 times with huge sales, I think everyone sees the $ 8000 level as the peak. I have the same opinion.

This is the time when we should not be carried away by thoughts of other people i don't think $8000 is peak because whenever there is a pump and some drop in value we can see similar topics like that particular value is peak and all but this is not the case if you can do a case study you will understand it keeps increasing but this is just my suggestion and you are the one who are entitled to make your decisions.

sweetbet

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SweetBet.com

If you don't need to cash out, then hodl for as long as you can. Unfortunately, 99% of my funds are tied in alts.

amaral1977

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Quote from: kuronokishi10 on November 16, 2017, 10:31:54 PM

What are your views on this?

if you are not greedy sell some and rebuy a little lower. If you are not two greedy ATH usually lead to some correction and you have the opportunity to re-enter.

angaper

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At this time, the line of $8,000 has become a very important resistance level. If what you want is some cash in the short term, this would be the ideal time to sell a small amount of your bitcoins, although a better idea would be to use that money to buy more bitcoins in case of a possible correction that could occur in next days.

I have no doubt that the upward trend is brutal and the $10,000 mark may fall this year.

Granxis

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The $ 8000 level is very critical for BTC, because the price has been pulled down 2-3 times with huge sales, I think everyone sees the $ 8000 level as the peak. I have the same opinion.

MotulDiesel

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i will sell 1/3 and keep 2/3 amount of my bitcoin. it is depend on how work of price at that time. cryptocurrency is not an easy market to play around. you need a clear and sensitive mind to make any decision.

Silberman

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Quote from: kuronokishi10 on November 16, 2017, 10:31:54 PM

What are your views on this?

There is not a size all fit all kind of answer, if you are willing to hold for years then buying is a good idea even at that high price, but if you want to hold for only some months then the best thing is to wait for the price to get lower and buy at the dips, and if you are already holding some bitcoin then it may be a good idea to sell a small amount and hold the rest.

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