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Topic: BITCOIN - Time to buy? Time to sell? - page 9. (Read 8115 times)

hero member
Activity: 854
Merit: 1000
December 02, 2015, 01:27:36 PM
#16
Buy and HODL! Roll Eyes
legendary
Activity: 994
Merit: 1000
December 02, 2015, 10:56:06 AM
#15
As you can see even lots of negative news like bitcoin with criminal, france attack, silkroad etc price hasn't gone down like hell as bitcoin has get more mass adaption than before. If no-one manipulates the market i don't think there is any reason to go it down. So just hold it and sell at new ATH price.
legendary
Activity: 910
Merit: 1000
December 02, 2015, 10:26:00 AM
#14
For me it would be extremely risky to sell this close to the halving.
legendary
Activity: 1442
Merit: 1016
December 02, 2015, 10:11:19 AM
#13
Guys,

Since the last peek of 500 USD few weeks ago, the value is stable around 350 USD.
Its changing on hourly basis, we saw it again 3 days ago.
What do you think need to be done now, lets take 10 BTC as example.

Sell the 10 BTC for the current value - as the price is going to crash
Keep the 10 BTC and fund t buy another 10 - as the price is going up soon

What do you think ?

It all depends how long you planned to go with Bitcoin imo.
It seems you're not in for the long haul otherwise you wouldn't ask to sell or not.
It's difficult to give you a decent advice as the price is going up and down more wild at the moment.
If I would be in your situation however, I think I would hold the 10 bitcoins you have and maybe buy a bit more, but not 10 more.Follow the price the next days to 2 weeks and decide on that.
I believe the price will go down a bit this month due to christmas vacations and new years evening.
So accumulate and wait!
 
legendary
Activity: 1134
Merit: 1000
December 02, 2015, 04:27:06 AM
#12
Guys,

Since the last peek of 500 USD few weeks ago, the value is stable around 350 USD.
Its changing on hourly basis, we saw it again 3 days ago.
What do you think need to be done now, lets take 10 BTC as example.

Sell the 10 BTC for the current value - as the price is going to crash
Keep the 10 BTC and fund t buy another 10 - as the price is going up soon

What do you think ?

Don't sell. No one can predict how and what can happen with the price of bitcoin. If you will sell exist one probability (may be big and may be few, no one can know that) that you lose all your bitcoin if the price don't go more down than it is. Even if the probability may be very few, exist. So better hold than risk. If you don't sell you for sure will have your bitcoin. For sure. They will have big value with big probabilities, beginning the next year (after halving). Don't consider bitcoin as a "tool" to bring profits in short time. This is a wrong approach about it.

The only thing that can break this rule is a sure investment with it. But must be sure. I lost some bitcoins in such kind of way because thought that the investment was sure. But wasn't such. Told this example to give the importance of being "sure". It is sure when you are convinced 100% that your bitcoins cannot be lost. Otherwise only hold and try to find more. Or better to invest in new cryptos which can have future. See and evaluate their data, their philosophy, their support and their plans. Naturally of the owners. Are risky but the earnings (if does everything ok) can be colossal. Much more than the game sell/buy which cannot be predicted in any way how can be.
copper member
Activity: 475
Merit: 251
in BTC we trust
December 02, 2015, 04:04:54 AM
#11
Thanks for the advises guys Smiley

Summarizing all comments i have got to this: Better to keep your Bitcoins or maybe sell them ? LOL

I guess I will just wait with the 10 coins and see whats next. Its part of side project we are running with 3 different groups, we call them the optimistic, the pessimistic and the miners. Each reports on weekly basis what they will do next in case they will have extra 10 BTC in hand and we record all the comments into sprint file. ( Already holds 79 weeks of recording )

So again, thanks for commenting

legendary
Activity: 1022
Merit: 1003
𝓗𝓞𝓓𝓛
December 02, 2015, 03:52:58 AM
#10
Just hold, and you should buy it if you have more money. Just wait and you'll see how much profit that you earned Wink
Well.. if you need your Bitcoin for real life purpose, selling is not a bad idea tho.
legendary
Activity: 4424
Merit: 4794
December 02, 2015, 03:42:14 AM
#9
if you only have 10btc and lack fiat. and worry that its your life savings... sell half..
then if it drops you have $1750 to buy cheaper coins later.
and you will still have 5btc if the price rises..

if you only have $3500 and lack bitcoins, and worry that you might miss the boat or worried your buying too high.. buy half
then if it drops you have $1750 to buy cheaper coins later.
and you will still have 5btc if the price rises..

in both instances you will still have 5btc if the price rises.. and have $1750 in the bank to not panic over

but

if you have 10btc and alot of fiat, so that $3500 is not a great loss.. HOLD
legendary
Activity: 1400
Merit: 1009
December 02, 2015, 03:41:45 AM
#8
Guys,

Since the last peek of 500 USD few weeks ago, the value is stable around 350 USD.
Its changing on hourly basis, we saw it again 3 days ago.
What do you think need to be done now, lets take 10 BTC as example.

Sell the 10 BTC for the current value - as the price is going to crash
Keep the 10 BTC and fund t buy another 10 - as the price is going up soon

What do you think ?
I think you should buy bitcoins the halving will increase the price of bitcoin a lot.
member
Activity: 90
Merit: 10
Gatecoin.com - Trade BTC/ETH/REP/DGD/1ST/SNGLS
December 02, 2015, 02:59:59 AM
#7
Whether it's a good time to buy or sell really depends on your plan and perspective. Are you a day trader or more of a longer-term investor? Whatever you are, just make sure that you are trading using a reliable exchange so that you won't get any unpleasant surprises.
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
December 02, 2015, 02:53:05 AM
#6
Dont think like a day trader, with 10 BTC you ll achieve nothing.

Think like an investor. In 7 months time, we ll have BTC block halving. This ll halve the supply of BTC, permanently. What do you think is going to happen with the price?

There s your answer.
legendary
Activity: 3248
Merit: 1070
December 02, 2015, 02:44:58 AM
#5
you said it yourself, the value look stable at 350, so it's time to buy, i'm quite sure "they" are playing the same range 330-380 as it was with the previous trend

maybe wait some more, because right now it's dropping, and then decide, but at this range everything seems a good buying opportunity
hero member
Activity: 574
Merit: 500
December 02, 2015, 02:20:41 AM
#4
It is really hard to decide whether you but or sell your bitcoin because if you use BTC as an investment it will be so risky
To make profit you simply buy low and sell high , but with bitcoin to spaculate the high and the low is quite difficult
hero member
Activity: 560
Merit: 501
December 02, 2015, 02:13:16 AM
#3
Time to hold, because if i sell, the price will rise.
legendary
Activity: 1358
Merit: 1000
December 02, 2015, 02:12:08 AM
#2
Holdng it like it will make u the next Phaoroh of Egypt  Smiley
copper member
Activity: 475
Merit: 251
in BTC we trust
December 02, 2015, 01:50:15 AM
#1
Guys,

Since the last peek of 500 USD few weeks ago, the value is stable around 350 USD.
Its changing on hourly basis, we saw it again 3 days ago.
What do you think need to be done now, lets take 10 BTC as example.

Sell the 10 BTC for the current value - as the price is going to crash
Keep the 10 BTC and fund t buy another 10 - as the price is going up soon

What do you think ?
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