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Topic: $11k - when do you sell - page 9. (Read 3218 times)

member
Activity: 182
Merit: 14
January 02, 2018, 04:11:38 PM
Good traders are known for their good analyzation of the market charts and good trades at the right time. I personally want to hold Bitcoin for the long run because I believe it will grow very high in a couple of years. Bitcoin is fluctuating constantly and no one cant really tell which price will come next. Investors are usually the ones that are ordinating the price fluctuations. High demand means higher growth. Right now in the time when I am posting this Bitcoin has risen again on the value compared to 15000 dollars and that can change in no time. The best time to sell would be the time you had chosen yourself. Everyone has their own interests and each individual knows the right time for selling to cover his needs.
sr. member
Activity: 418
Merit: 253
January 02, 2018, 03:15:29 PM
I sold some of my bitcoins at $19k price few weeks back as I felt that it was really good price to sell my bitcoins and collect the profits and later on price started to drop so it was a right time to sell bitcoins instead of getting more greedy and holding it longer as price dropped massively after that and bought some coins at the price of $13k and now will hold it longer till it reaches to $20k price once again in near future which likely to happen in next couple of weeks or months.
full member
Activity: 238
Merit: 100
January 02, 2018, 08:49:38 AM
I for my part sold off most of my Bitcoin at around $10.000. I surely do regret when looking at the profits I could have taken out if I waited longer, but on the other hand Im very satisfied, because if your investment almost doubles in a matter of some months, what are you complaining about?
The price surge of Bitcoin is insane in my opinion, and its only a matter of time until we will see four digits numbers for BTC again, but lets see.
legendary
Activity: 1184
Merit: 1013
January 02, 2018, 08:13:35 AM
everybody who sold at 11k will bang their heads on the table.
It makes at the moment no sense to sell.
And do not come with "sell high and buy low" where is high and where is low? Nobody knows. IF this would be that easy why we r not all be billionaires already?

you're being too judgemental here.
What about people who're holding since bitcoin was <$1k and suddenly need some money?
you only loose if you sell lower than what you bought for. Not everyone plans on investing long, a crisp and quick little profit is enough for many.
Talking in general, you dont know about the sudden need of money people might be facing.
Most of the people suggesting to hold ignores the time value of money. I am not saying selling at $11k was a good move, i am just stating few generic cases.
full member
Activity: 406
Merit: 102
January 02, 2018, 07:52:19 AM
Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!

True. The best way to go about the current situation is sell some, make sure you leave a little to hodl. We'll never really know if its gonna go up after this dip. Nobody knows where we're at now. Surely somehow it will go up, but if you try to look at it, you have to get some out so you can put more back in. The many you own the bigger the profits.
hero member
Activity: 998
Merit: 504
January 02, 2018, 07:20:57 AM
everybody who sold at 11k will bang their heads on the table.
It makes at the moment no sense to sell.
And do not come with "sell high and buy low" where is high and where is low? Nobody knows. IF this would be that easy why we r not all be billionaires already?
Yes, I too prefer to save most of my income in BTC and do not convert it to the local currency as now one can say when a BTC holder can become rich. As the price of BTC is rising daily and no one will sell all of there BTC now as they already know they can get a better price of that in the future. SO I think that selling now is not a good option instead hold the for a year more and see what you will get in return.
sr. member
Activity: 560
Merit: 286
December 11, 2017, 12:11:45 AM
everybody who sold at 11k will bang their heads on the table.
It makes at the moment no sense to sell.
And do not come with "sell high and buy low" where is high and where is low? Nobody knows. IF this would be that easy why we r not all be billionaires already?
The bitcoin market is on a crazy ride and the speculation has taken the price to new levels and yesterday was a really crazy ride as the price raised over three thousand dollars in a day and all of the different markets were having different rates which was really crazy and those who sold at profit does not need to bang their head,i am not sure how long these rally continues,selling at profits is still a good proposal.
The way bitcoin has made an increment of five thousand in previous three days was very impressive and I want to see that more in the future because there is no need for the bitcoin to stop at any of price because everyone wants more and this rally will continues from now to forever because now everyone is wishing that bitcoin grow more and more in coming days to give true essence of living to all the people.
sr. member
Activity: 2030
Merit: 323
December 09, 2017, 02:08:23 AM
Selling bitcoin right now is a very tough decision because we all know the price of bitcoin will continue to soar higher and selling it may loose your money. If you really don't need your money try to hold a little more and for sure bitcoin can hit $15k this year believe on that.

Yes you are probably correct. The only point in selling bitcoin is to try to not be exposed to it's 20% market corrections. If you are successful in doing this you will be able to increase your bitcoin stack. Of course it's very hard to predict the market, and you might lose money if you think a dip will happen, and in the end all you see is a huge rise in price. These things sometimes happens in a few hours, so it's impossible to adjust our position if we did somthing wrong. The best plan is to hold until 2020 at least, because of the halve. Right now I'm holding my majority of coins, and I put aside a small % of my bitcoins, and I will try to trade them.
It is really very hard to predict the market and even though this correction is expected in the long run, no one knows how huge the correction is going to be and how long the bull run is going to continue before we end up seeing the correction.

Unless you are lucky to get the timing right, then there is no way anyone can know if this is the perfect time to sell or still wait a little bit later to sell.
full member
Activity: 210
Merit: 100
December 08, 2017, 10:30:37 AM
Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!
i can said that you have a point here because of the price correction of the bitcoin in the near future that's is actually possible but big chance here is that the bitcoin as of today is still increasing for sure there will be more in the future. no selling right now.
sr. member
Activity: 2366
Merit: 332
December 08, 2017, 10:18:01 AM
Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!

The price correction is waited and has been long overdue. People are waiting for it outside while the coin is not relenting on its bullish movement. It is really confusing sort of, how the price keep trippling within a short time.

everybody who sold at 11k will bang their heads on the table.
It makes at the moment no sense to sell.
And do not come with "sell high and buy low" where is high and where is low? Nobody knows. IF this would be that easy why we r not all be billionaires already?
The bitcoin market is on a crazy ride and the speculation has taken the price to new levels and yesterday was a really crazy ride as the price raised over three thousand dollars in a day and all of the different markets were having different rates which was really crazy and those who sold at profit does not need to bang their head,i am not sure how long these rally continues,selling at profits is still a good proposal.
Yes in just 5 days $5k variation in bitcoin price this is really crazy movement in bitcoin. And this will make tempt those who came recently to this bitcoin world. i think people are now confused what to do and what not to do if they sell and the price cross $20k definitely they fell sad and if they keep the price comes down here also they feel sad.

I agree with your because so many investore are in dilemma on what to do, either to sell at this moment or keep holding. I mean, it is baffling how the price keep rising. Only 24 hours from yesterday, bitcoin price has increased to additional $3,000 from $13,000 which is making it sell at sixteen thousand dollars plus - the margin from yesterday is unbelievable  Grin
sr. member
Activity: 630
Merit: 250
December 08, 2017, 09:23:48 AM
everybody who sold at 11k will bang their heads on the table.
It makes at the moment no sense to sell.
And do not come with "sell high and buy low" where is high and where is low? Nobody knows. IF this would be that easy why we r not all be billionaires already?
The bitcoin market is on a crazy ride and the speculation has taken the price to new levels and yesterday was a really crazy ride as the price raised over three thousand dollars in a day and all of the different markets were having different rates which was really crazy and those who sold at profit does not need to bang their head,i am not sure how long these rally continues,selling at profits is still a good proposal.
Yes in just 5 days $5k variation in bitcoin price this is really crazy movement in bitcoin. And this will make tempt those who came recently to this bitcoin world. i think people are now confused what to do and what not to do if they sell and the price cross $20k definitely they fell sad and if they keep the price comes down here also they feel sad.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
December 08, 2017, 09:13:25 AM
everybody who sold at 11k will bang their heads on the table.
It makes at the moment no sense to sell.
And do not come with "sell high and buy low" where is high and where is low? Nobody knows. IF this would be that easy why we r not all be billionaires already?
The bitcoin market is on a crazy ride and the speculation has taken the price to new levels and yesterday was a really crazy ride as the price raised over three thousand dollars in a day and all of the different markets were having different rates which was really crazy and those who sold at profit does not need to bang their head,i am not sure how long these rally continues,selling at profits is still a good proposal.
Bitcoin price might still go up and it can continue to just keep going up because of the demand for bitcoin in the market. It might become bigger and bigger than before and that is why selling bitcoin is not the best option to do right now and it is better to just hold bitcoin and wait for the price to go up even higher.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
December 08, 2017, 08:03:13 AM
everybody who sold at 11k will bang their heads on the table.
It makes at the moment no sense to sell.
And do not come with "sell high and buy low" where is high and where is low? Nobody knows. IF this would be that easy why we r not all be billionaires already?
The bitcoin market is on a crazy ride and the speculation has taken the price to new levels and yesterday was a really crazy ride as the price raised over three thousand dollars in a day and all of the different markets were having different rates which was really crazy and those who sold at profit does not need to bang their head,i am not sure how long these rally continues,selling at profits is still a good proposal.
full member
Activity: 1470
Merit: 148
December 08, 2017, 07:23:12 AM
Op, there is no guarantee that bitcoin value will decline soon because the recent increase in the value of Bitcoin is unprecedented wiwhich many speculators still believe that Bitcoin market value Will still continue to increase in value in the coming days.
So many people have take their profit before now especially those who bought Bitcoin when it value was around  $11,000  and some people just bought recently awaiting the next increase.
newbie
Activity: 27
Merit: 0
December 08, 2017, 05:34:11 AM
everybody who sold at 11k will bang their heads on the table.
It makes at the moment no sense to sell.
And do not come with "sell high and buy low" where is high and where is low? Nobody knows. IF this would be that easy why we r not all be billionaires already?
P3
member
Activity: 266
Merit: 10
December 07, 2017, 03:48:52 AM
I agree that $11k is huge price, but since the Bitcoin is now really famous and advertised on every corner there is almost no probability to price dump in near future. Moreover if futures on Bitcoin really will be traded globally the price will pump even more. Personally I would sell it at least on $20k.
if the value of the bitcoin reached to $ 11k I will still hold the bitcoin for a reason of the rising rate of the bitcoin in the market. the value is still rising it has not stopped at the value $ 11k. so if value is rising do'nt use your bitcoin hold them for more time as you can hold.
full member
Activity: 336
Merit: 101
December 06, 2017, 07:52:33 AM
Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!
Well, each individual has it's own preference especially decision when to sell, hold and keep on investing for bitcoin. 11,000 US Dollars worth of bitcoin, this can be sold some of it and to some hold it for investment still. Even though bitcoin continuously goes up and down in its value, it's okay. That's the nature of it though.
If someone intends to sell out his Bitcoin now, it will be very beneficial if he has bought those Bitcoin but $2,000 to $3,000. However he must not give away office is it in one shot.  He must come back for increasing his amount and try to invest the profit in some business or buying share. I am against the idea of spending Bitcoin for fun purpose. We must enjoy our lives but not by wasting such a precious asset.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
December 06, 2017, 06:23:35 AM
I am not in the mood to sell my bitcoin's yet. Even if it's almost 12K now. I really have this feeling of hodling it no matter what. I want something more than these because i believe bitcoin hasn't reach its  highest price yet.
I also hold bitcoin for long term even if it's 11k$ or more. I dont have plan to sell my bitcoin, yes same I also believe price would be increasingly high in the upcoming months. So selling bitcoin for now is not my top priority.
We really all cannot say if there is going to be a huge correction anytime soon or not, but like you said, for anyone holding for long, I guess that should really not be much of a problem. The truth is that we may be expecting a very huge correction that may never even come and it may come, but unless you are very fast to sell, you will definitely miss it.

My advice is to just hold and anyone who wants to sell and look away no matter what happens afterwards should just do so.
full member
Activity: 438
Merit: 104
December 06, 2017, 06:11:12 AM
I am not in the mood to sell my bitcoin's yet. Even if it's almost 12K now. I really have this feeling of hodling it no matter what. I want something more than these because i believe bitcoin hasn't reach its  highest price yet.
I also hold bitcoin for long term even if it's 11k$ or more. I dont have plan to sell my bitcoin, yes same I also believe price would be increasingly high in the upcoming months. So selling bitcoin for now is not my top priority.
Now people are investing into bitcoin for longer term result and this trend has started now because in the previous few days bitcoin has shown the positive sigh about its future prices and people are impressed by that rate of increase so now people are willing to hold until and unless they will get 100% profit on the money they bought bitcoin and you are doing right maybe price will be above 15k at the end of this year, 
sr. member
Activity: 434
Merit: 250
December 06, 2017, 04:31:23 AM
Bitcoin will be $20-25k in 2018. I will not sell it now. I'm sure that the price will grow.
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