Topic: Bitcoin reaches the price of 1500 USD do we have to sell or we save? - page 2. (Read 2206 times)
May 03, 2017, 04:52:49 AM
We should do both, we should sell some of our bitcoin to secure the profit and save the rest for long term so if the price rises again, we don't waste the chance because we still have bitcoin in our wallet. Don't just keep selling or saving, balance your action so you will not regret in the end of the day.
May 03, 2017, 04:51:11 AM
Think Bitcoin as a insane big Gold Mine that wont be able to be mined forever.
The day that there wont be anymore Bitcoin to mine, price will increase drastically.
If you think longterm holding, you are a winner.
The day that there wont be anymore Bitcoin to mine, price will increase drastically.
If you think longterm holding, you are a winner.
If you holding good amount of coins at the moment the its time to make some profit.Sell it now then buy again when the value decreases and start waiting again. This type of buying and selling is normally done by traders. For a normal person like us, the only thing we can do is that get hold of coins and keep it save for 1 period of 6 months or so and then sell it on a double profit or more.
We can`t all be winners, while some of you are saving for one day, other people are spending bitcoins and with that we are helping bitcoin economy to grow. Investing, gambling, what ever you do it`s important to make transactions, to send and receive bitcoins. If everyone just save then bitcoin can just collapse one day, cause of that I`m for spending and rich people can save for future, I don`t have funds for that I need to live today and I need money now, that is my situation. But bitcoin will worth 2000 one day, that is question of the time.
That's a wow thing to have if $2000 is worth happening and holding it is a right thing to do for now and I don't really mind those rich people, whatever they do whether they will save or sell their balances. If you're thinking of possible collapse onday, well I must tell you that you shoud stop on your investments, because nothing will happen if you always be afraid of anything and risk is always a part of business; and that's reality. Be brave with your decisions and I am confident that bitcoin will became more popular in the world 5 years from now, just be positive enough.
May 03, 2017, 04:06:20 AM
Think Bitcoin as a insane big Gold Mine that wont be able to be mined forever.
The day that there wont be anymore Bitcoin to mine, price will increase drastically.
If you think longterm holding, you are a winner.
The day that there wont be anymore Bitcoin to mine, price will increase drastically.
If you think longterm holding, you are a winner.
If you holding good amount of coins at the moment the its time to make some profit.Sell it now then buy again when the value decreases and start waiting again. This type of buying and selling is normally done by traders. For a normal person like us, the only thing we can do is that get hold of coins and keep it save for 1 period of 6 months or so and then sell it on a double profit or more.
We can`t all be winners, while some of you are saving for one day, other people are spending bitcoins and with that we are helping bitcoin economy to grow. Investing, gambling, what ever you do it`s important to make transactions, to send and receive bitcoins. If everyone just save then bitcoin can just collapse one day, cause of that I`m for spending and rich people can save for future, I don`t have funds for that I need to live today and I need money now, that is my situation. But bitcoin will worth 2000 one day, that is question of the time.
May 03, 2017, 03:50:22 AM
Think Bitcoin as a insane big Gold Mine that wont be able to be mined forever.
The day that there wont be anymore Bitcoin to mine, price will increase drastically.
If you think longterm holding, you are a winner.
The day that there wont be anymore Bitcoin to mine, price will increase drastically.
If you think longterm holding, you are a winner.
If you holding good amount of coins at the moment the its time to make some profit.Sell it now then buy again when the value decreases and start waiting again. This type of buying and selling is normally done by traders. For a normal person like us, the only thing we can do is that get hold of coins and keep it save for 1 period of 6 months or so and then sell it on a double profit or more.
May 02, 2017, 10:44:15 PM
Think Bitcoin as a insane big Gold Mine that wont be able to be mined forever.
The day that there wont be anymore Bitcoin to mine, price will increase drastically.
If you think longterm holding, you are a winner.
The day that there wont be anymore Bitcoin to mine, price will increase drastically.
If you think longterm holding, you are a winner.
May 02, 2017, 10:34:45 PM
It all depends upon how much profit you are in and when it comes to trading greed is a factor that will reduce the amount of profit but if you are looking for a long term profit then you are good to keep ,if you are carefully watching the market then you will know whether the market will correct or not,you have to spend your time online and since the bitcoin market is round the clock you have to be vigilant all the time.
May 02, 2017, 10:20:40 PM
I read somewhere that a correction is really coming soon and it can decrease in value but there seems to be a continuing rally that can catapult Bitcoin in the $1700 mark before this correction could occur. So if this analysis would be true, then maybe wait for Bitcoin to reach in the $1600+ level before cashing out.
Disclaimer: I am just a human being like you and I just took that idea somewhere I could not guarantee that it would really happen. Trade at your own risk and if you lose then better luck next time.
Disclaimer: I am just a human being like you and I just took that idea somewhere I could not guarantee that it would really happen. Trade at your own risk and if you lose then better luck next time.
May 02, 2017, 10:02:25 PM
lets just hold it for now. there are too any aspect why bitcoin will skyrocket.. patience is the key!
May 02, 2017, 10:01:39 PM
You have to ask yourself: Am I an active bitcoin trader, or a long term investor?
If you can answer this one correctly then your next action will benefit you most. As for me, I always hold when it comes to Bitcoin unless there is a need for me to convert it to fiat money. The stats show that bitcoin will increase more in the following years. Holding it right now will give you profit if you are a long term investor.
May 02, 2017, 09:52:23 PM
Time I was really confused, bitcoin prices have gone up to more than 1500 USD, I have little bitcoin deposits whether at this time should I sell or should I save to wait the price more than the current price that may reach the price of 2000 USD?
What is your opinion for me right now?
The opinion of each and every person will differ in this forum, so try and understand what is in best interest. Since you say you have little then I suggest you can afford to hold it. In case you need urgent cash, sell it. However my personal opinion would be to hold it and hold it tight. This is just the beginning and it shall keep on shooting up and up. There is no need to panic sale now and it's best to keep them and at a later date sell them. But do consider your finances before you make any decisions.
May 02, 2017, 09:39:16 PM
It would depend on how much you bought at before the price surged to this level. The choice is always yours, but always have a portion for holding so you won’t miss out in case the price goes even higher. If you can afford to hold everything and just wait, that could give you a higher yield because I have read that many investors are bullish on bitcoin. If we break the $1500 barrier, $2000 is just around the corner.
May 02, 2017, 09:35:35 PM
It is about how much BTC you are holding. If you are holding less than 1BTC then definitely sell all and buy when it gets dump again. If you have more than that amount then sell 25% or less and hold the remaining.
May 02, 2017, 09:21:49 PM
Time I was really confused, bitcoin prices have gone up to more than 1500 USD, I have little bitcoin deposits whether at this time should I sell or should I save to wait the price more than the current price that may reach the price of 2000 USD?
What is your opinion for me right now?
I would say sell at least 20% or 25% of your bitcoins and hold what is left. If you look at it you could get a profit even at a small amount. Then if bitcoin is dumped buy it and then repeat the process if it pumps again.
May 02, 2017, 09:17:02 PM
I can only say what I would do, and I would hold on for at least two months. But it's up to you to decide the best decision for yourself
May 02, 2017, 09:13:27 PM
Do you want to save until tomorrow, or until 5 years ?
May 02, 2017, 09:10:51 PM
Well it all depends on you, if you really want to make money real quick you should sell it but if you want to earn more you should probably just wait for now.
There are many speculation that the bitcoin price will reach $5000 this year so patience is virtue.
$5000 is something a very big price to be reached in a short time period without any specific incidents of halving or similar such activities. In my view the price is expected to grow in a stable manner but reaching such a big value within the year end is possible only on etf or official acceptance ofbitcoin by few more Countries.There are many speculation that the bitcoin price will reach $5000 this year so patience is virtue.
There's nothing stable about this growth. In forex trading when do you ever see one half of a currency pair ballooning this quickly?
May 02, 2017, 08:51:33 PM
You could probably sell now and rebuy in the 1300s sometime soon. But in a few months it will still be climbing 1600, so, it depends on if you want to risk missing the window to buy back in. For example, I thought BTC was going to go down from 1375 for a bit, and I sold. A day or two later was still climbing so I just bought back in and lost a very small %. Glad I did though because now we're at 1550.
May 02, 2017, 08:48:03 PM
Well it all depends on you, if you really want to make money real quick you should sell it but if you want to earn more you should probably just wait for now.
There are many speculation that the bitcoin price will reach $5000 this year so patience is virtue.
$5000 is something a very big price to be reached in a short time period without any specific incidents of halving or similar such activities. In my view the price is expected to grow in a stable manner but reaching such a big value within the year end is possible only on etf or official acceptance ofbitcoin by few more Countries. There are many speculation that the bitcoin price will reach $5000 this year so patience is virtue.
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May 02, 2017, 08:44:38 PM
Even if you correctly call a top and Bitcoin starts going down, where do you get back in? $1300? $1200? Some people have sold at what they thought was a peak only to then get trapped out or forced to chase the market. You have to ask yourself: Am I an active bitcoin trader, or a long term investor?
May 02, 2017, 08:37:42 PM
Well it all depends on you, if you really want to make money real quick you should sell it but if you want to earn more you should probably just wait for now.
There are many speculation that the bitcoin price will reach $5000 this year so patience is virtue.
There are many speculation that the bitcoin price will reach $5000 this year so patience is virtue.
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