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Topic: Buy, Sell, or just watch - page 2. (Read 1308 times)

legendary
Activity: 1708
Merit: 1006
March 08, 2017, 10:26:53 PM
#14
I wouldn't buy for now but if anyone will pay me for any services or trade with me using Bitcoin I would love to. If you are into short term investment, you can still try to buy a few and sell when it reached your target selling price. Holders who bought coins few months back maybe having second thoughts right now if they will keep or unload.
hero member
Activity: 686
Merit: 500
March 08, 2017, 10:21:36 PM
#13
Well buying is a bad idea - people should have done that before all the hype about the ETF coming soon which has dramatically pushed up the price.  You should only but if you're very optimistic about the ETF or you're prepared to hold for a long time.

I have mixed feelings on this. You could still buy right now since the ETF hype is still affecting the price. It's only gone down for now due to the issues with the Chinese exchanges. Soon the hype will take over the price again since we're nearing March 13. You could still make a profit regardless of the ETF results. If it's rejected, you just have to be quick to sell before the dump.

Quote
Selling could have been a good idea recently - it was clear for a while that it was staying near $1300 before it then fell down to around $1200.  If you were clever enough to notice that temporary climax you could have sold then and bought again about now.

This, I agree on. Personally I missed the peak though, but I'm hoping for the price to get near $1300 before the ETF decision.

Quote
In my view, there's an option missing here, which is trading.  If you're clever enough then during this time of volatility you could earn some decent money by buying and selling repeatedly in ways which earn profit.

For the less experienced in the market like me, the best option is to hold because I know that eventually Bitcoin is going to rise much higher.  It could well take a year before the network issues are sorted out and it becomes good enough, but that's okay because there's no point making a rash decision to sell during this (probably temporary) high.

If you really believe that bitcoin will rise, then if you have cash right now, buying won't be a problem. But if you're satisfied with your stash, holding is definitely the best option.

Personally, I plan to wait for the ETF decision. If it's approved, I'll buy more and ride the succeeding pump. If it's rejected, I'll sell my short-term stash and wait for the dump before buying more. The issue with the Chinese exchanges and the current price admittedly caught me off guard. But if I won't be able to sell my short-term stash at a profit, I'm fine with holding.
hero member
Activity: 798
Merit: 501
March 08, 2017, 08:50:16 PM
#12
Is it me or the price dropping $1 every 20 minutes?
It was $1149.47 last time I checked a few minutes ago.
full member
Activity: 238
Merit: 100
March 08, 2017, 08:46:58 PM
#11
I recommend to buy bitcoin, it should be recognized that the price of the bitcoin can still rise again. Many observers say this year the price will reach $2,500, so if we buy and hold up to 9 months in advance then we get profit more than 120%.
sr. member
Activity: 339
Merit: 250
March 08, 2017, 08:32:00 PM
#10

I voted just watch. keep cool  a day or so, all this might be panic  caused by latest news from china.  
Says the guy with the moneybag sneaking away. Wink

I will just watch now while the excitement unfolds before our eyes.
It can either way at this point so might as well just sit back and just enjoy it. Grin

but as you see in the avatar i am like 10 inches tall ,  sorry to say the amount of money in that bag is like 1 USD in small cents


as for the action we are looking at im sure it will bounce back within 12-24 hours . the red candles were panic sells  because of bullshit news. No way it will go down more  before the ETF verdict.
hero member
Activity: 728
Merit: 500
EtherSphere - Social Games
March 08, 2017, 08:21:04 PM
#9

I voted just watch. keep cool  a day or so, all this might be panic  caused by latest news from china.  
Says the guy with the moneybag sneaking away. Wink

I will just watch now while the excitement unfolds before our eyes.
It can either way at this point so might as well just sit back and just enjoy it. Grin
sr. member
Activity: 339
Merit: 250
March 08, 2017, 08:06:58 PM
#8
Well if there is bad news the price is always dumping so always go to trends news so if you heard bad news about bitcoin expect that in few minutes or hours that the price of bitcoin will going to decreases.. Like i heard ETF rejection that affects the value 2 days ago until now continues decreases.

what do you mean you heard ETF rejection?  the first verdict is on Monday 13th
legendary
Activity: 1512
Merit: 1012
March 08, 2017, 08:01:14 PM
#7
dump fiat money, buy bitcoins.



every months.



hero member
Activity: 700
Merit: 500
Massive price drop coming...
March 08, 2017, 07:55:51 PM
#6
Well if there is bad news the price is always dumping so always go to trends news so if you heard bad news about bitcoin expect that in few minutes or hours that the price of bitcoin will going to decreases.. Like i heard ETF rejection that affects the value 2 days ago until now continues decreases.
sr. member
Activity: 574
Merit: 251
March 08, 2017, 07:39:07 PM
#5
Well buying is a bad idea - people should have done that before all the hype about the ETF coming soon which has dramatically pushed up the price.  You should only but if you're very optimistic about the ETF or you're prepared to hold for a long time.

Selling could have been a good idea recently - it was clear for a while that it was staying near $1300 before it then fell down to around $1200.  If you were clever enough to notice that temporary climax you could have sold then and bought again about now.

In my view, there's an option missing here, which is trading.  If you're clever enough then during this time of volatility you could earn some decent money by buying and selling repeatedly in ways which earn profit.

For the less experienced in the market like me, the best option is to hold because I know that eventually Bitcoin is going to rise much higher.  It could well take a year before the network issues are sorted out and it becomes good enough, but that's okay because there's no point making a rash decision to sell during this (probably temporary) high.
i guess trading is also an option. i already added it as an additional option
Thank you for telling. Smiley
sr. member
Activity: 339
Merit: 250
March 08, 2017, 07:27:24 PM
#4

I voted just watch. keep cool  a day or so, all this might be panic  caused by latest news from china.  
full member
Activity: 1414
Merit: 129
The first decentralized crypto betting platform
March 08, 2017, 07:22:15 PM
#3
Well buying is a bad idea - people should have done that before all the hype about the ETF coming soon which has dramatically pushed up the price.  You should only but if you're very optimistic about the ETF or you're prepared to hold for a long time.

Selling could have been a good idea recently - it was clear for a while that it was staying near $1300 before it then fell down to around $1200.  If you were clever enough to notice that temporary climax you could have sold then and bought again about now.

In my view, there's an option missing here, which is trading.  If you're clever enough then during this time of volatility you could earn some decent money by buying and selling repeatedly in ways which earn profit.

For the less experienced in the market like me, the best option is to hold because I know that eventually Bitcoin is going to rise much higher.  It could well take a year before the network issues are sorted out and it becomes good enough, but that's okay because there's no point making a rash decision to sell during this (probably temporary) high.
legendary
Activity: 3500
Merit: 6981
Top Crypto Casino
March 08, 2017, 07:17:17 PM
#2
Notice how there's no "spend it" option in this poll.  Bitcoin is dead as a currency,  IMO.

I said wait, but mostly because I'm broke.  If I had more dough I'd be buying.  Definitely not selling.
sr. member
Activity: 574
Merit: 251
March 08, 2017, 07:05:42 PM
#1
There are a lot of talks about the value of bitcoin going down and many are already selling their bitcoins. Some say that these people who sold their bitcoins and it is not the right decision because it's value will increase again at some point.
If selling your bitcoins is not the right decision, then is buying bitcoins be the right move, right, or just observe how things will turn out?
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