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Topic: Bitcoin has reached the $10,000, is now the time to sell up and move on? (Read 1475 times)

hero member
Activity: 952
Merit: 500
No.Its not time to move on.This price is far less than what actually bitcoin deserves.It is predicted to still move in bullish trend.Wall street companies entering the market would definitely trigger bitcoin price more.

Or else,you could do one thing.If you want to enjoy the price rise a little bit,then just sell 20% of your bitcoins.Even if its price falls down,you could buy that 20% of bitcoins again at a lower rate.On the other hand,if its price increases,you still have almost 80% of your bitcoins in your hand.
full member
Activity: 2268
Merit: 121
Enterapp Pre-Sale Live - bit.ly/3UrMCWI

more agree to save first, waiting until the end of the new year we can do next, because in that month there is a big day to the religion that may be able to change the price to be a significant change.
be patient for the next good.
member
Activity: 86
Merit: 10
Hey!
In my opinion, if you already have reached your goal/have gained enough profit, you could sell your btc now and move on. It all depends on one's decision making and management of own investment. Greed could take over if you don't set your goal for your investments.

Well said - I agree 100%
full member
Activity: 476
Merit: 124
In my opinion, if you already have reached your goal/have gained enough profit, you could sell your btc now and move on. It all depends on one's decision making and management of own investment. Greed could take over if you don't set your goal for your investments.
member
Activity: 168
Merit: 29
Digital Wealth Management Platform
The best clever decision is to hold more than half of portfolio and then invest the other portion into other Cryptocurrencies but if you need money then you can sell some of them.
Bitcoin has proven that it's price is constantly increasing so you'll regret if you sell your Bitcoin and after a year it will reach $50,000 to $100,000... That's more than you'll ever imagine
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
I have not sold bitcoin right now, I'm still expecting a higher price, I will sell when Bitcoin reaches $ 12500
You will have to wait for a little longer. The bitcoin price is going to decrease. Perhaps it is going to reach the price you mentioned and then drops. That is why you should keep an eye on the price. You should always check if it increases or decreases. That is how to be a good trader.

Plus, you should have a plan B if the price did not reach 12500$. You know that the bitcoin price is unpredictable and it always surprises you. For instance, I did not know it would reach 10k$. It is beyond expectations.
full member
Activity: 308
Merit: 119
People where asking the same question when btc reached 1000$.3000$.7000$ .
i say it's better to hold bcz it's only going up and if u sell now u will regret it when it hit the 20k mark Cheesy
full member
Activity: 336
Merit: 106
depend on you. if you want more profit hodl for a month. but all of of us need also fiat. so need to encash a little bitcoin for our expenses. the buy again in low price if you have extra money. that is the game today
rpg
hero member
Activity: 728
Merit: 500
Forget about sell bitcoin. This coin is only for strong HOLD and not sell in any way. May be few corrections, but after this BTC have more power to go forward
full member
Activity: 220
Merit: 100
in my opinion this is the right time , sell your bitcoins now , we don't really know when will the bitcoin go down or go up , so while its high sell it , take the opportunity

I would love to buy your bitcoins if you have one. It only means that you are in this forum for nothing. If you really trust bitcoin you should know that it is just the beginning of a more higher price. It just broke the $10,000 barricade and price even went up to $11,500. That only means that bitcoin is really getting more popular and more people are investing on it and we should expect the price to go higher in the next months.
member
Activity: 86
Merit: 10
Hey!
If you are a trader then lock in profits and sell Bitcoin at 10,000-11,000. Then buy it on the declines in the area of 8500 - 8000.
If you are an investor, then best of all to hold bitcoin.

lol but the experts are now predicting $100,000 - https://coinblip.com/blog/bitcoin-some-experts-predict-100000/

People need to wake up, otherwise, the bubble will be uncontrollable
full member
Activity: 280
Merit: 100
After the flash crash yesterday it might be a good time to accumulate and buy more. Then sell at $11.000 or higher for a nice profit.  Wink
member
Activity: 714
Merit: 10
Living is easy with eyes closed ...
If you are a trader then lock in profits and sell Bitcoin at 10,000-11,000. Then buy it on the declines in the area of 8500 - 8000.
If you are an investor, then best of all to hold bitcoin.
member
Activity: 86
Merit: 10
Hey!
Bitcoin isn't about changing back to fiat to "earn profits". Bitcoins are money. If you're selling a better kind of money for the old kind of money you're clearly missing the big picture. If you walk into your bank tomorrow and they tell you you can't withdraw your funds, guess what. YOU CAN'T WITHDRAW YOUR OWN MONEY! Stop trusting random people with your money!!! It's YOURS! Own it!

But the only reason Bitcoin is reaching these numbers is that most people think it's an investment tool rather than a medium of exchange.
legendary
Activity: 966
Merit: 1042
Bitcoin isn't about changing back to fiat to "earn profits". Bitcoins are money. If you're selling a better kind of money for the old kind of money you're clearly missing the big picture. If you walk into your bank tomorrow and they tell you you can't withdraw your funds, guess what. YOU CAN'T WITHDRAW YOUR OWN MONEY! Stop trusting random people with your money!!! It's YOURS! Own it!
member
Activity: 86
Merit: 10
Hey!
A few hours ago we saw a strong sell-off pressure that dropped bitcoin to $9200...
hero member
Activity: 1190
Merit: 534
If you are looking for the short term then I don't see any such exit opportunity like this rally. However, it will be a huge loss considering the long-term growth potential and hence I wouldn't sell my holdings as I am expecting exponential performance in the long run but if you can't resist yourself to hold even in the worst case scenario then it is a better time to do so in my opinion but as I said, it will be a point of regret after 5 or 10 years.
legendary
Activity: 3220
Merit: 1374
Slava Ukraini!
If $11 000 per Bitcoin is your life goal, just sell it now. But so far there are no sign that Bitcoin price will stop to rise, so maybe in future you will regret for your decision. Offcourse, price correction can came soon, but it'snormal thing and you shouldn't be worried about it much. I think we can call current situation as a bubble, but i think it's different from your mentioned examples.
member
Activity: 86
Merit: 10
Hey!
Hello!

I have come to an interesting article discussing if its actually time to sell your Bitcoin or not:
https://coinblip.com/blog/10000-stick-twist-bitcoin-hits-magical-mark/

But before that, let me congrats everyone who has been holding Bitcoin this year.... Congratulations!! Grin Grin Grin

Is now the time to sell up and move on?
Are we in a bubble? Think back to the US real estate bubble of 2006-2012, or the dot com bubble of 1997-2001. Bitcoin’s rise surpasses them all.




It's up to you bro, but I wouldn't sell my Bitcoins now. I'll wait for it to reach $190k. It wouldn't be hard to get to that situation.

why do you think it could go up to $190k ?
member
Activity: 86
Merit: 10
Hey!
I've been holding since May, not a long time indeed, I was on the verge of selling (And have sold once or twice) at previous price peaks. It was truly astonishing to see Bitcoin reach $11.000 today. If you asked me one month ago, I would even bet that it wouldn't happen within 2017, I'm happy I was wrong. Just sent all my BTC to an exchange, planning to sell everything really soon.

Indeed, no one really expected to see bitcoin trading with 5 digits this year!
Goodluck Smiley
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