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Topic: [Discussion] Shocked positive increased of bitcoin,take it and run or just stay? (Read 294 times)

full member
Activity: 476
Merit: 100
high of $8,204
will you take your bitcoin from your wallet to change it to a real money...  or you will stay tune to wait a positive increasing and hold your bitcoin stay in your wallet Huh?
For some people who have bought bitcoin when the price is above $8,204 USD I think it's still HODL is choice, otherwise when buying below that price might be a good chance to get a little profit. Depending on holder's willing to profit big or perfunctory. Especially true bitcoiner must select hold because it awaits the desired result.

Long term investment for bitcoin should be considered as this is the most efficient way of earning good profit with bitcoin. Short term period is not advisable since you cannot see the potential span of the increase in price value where you could only earn a very minimal profit by then. People that are already veteran in this field usually favor for the long term investment and that is why they are successful with their investment plan.
For sure not comparison with holding and investing, if you buy bitcoin today then you hold for long time with patience trust me you will get bigger profit at the end, I never suggest my friends to sell their bitcoin even if they have noticed the change in market but I still say them to hold because I know bitcoin price will increase more and more with time, so always plan something huge before you invest in bitcoin and then forget about your bitcoin by holding your bitcoin in your bitcoin wallet.
jr. member
Activity: 196
Merit: 1
high of $8,204
will you take your bitcoin from your wallet to change it to a real money...  or you will stay tune to wait a positive increasing and hold your bitcoin stay in your wallet Huh?
For some people who have bought bitcoin when the price is above $8,204 USD I think it's still HODL is choice, otherwise when buying below that price might be a good chance to get a little profit. Depending on holder's willing to profit big or perfunctory. Especially true bitcoiner must select hold because it awaits the desired result.

Long term investment for bitcoin should be considered as this is the most efficient way of earning good profit with bitcoin. Short term period is not advisable since you cannot see the potential span of the increase in price value where you could only earn a very minimal profit by then. People that are already veteran in this field usually favor for the long term investment and that is why they are successful with their investment plan.
member
Activity: 672
Merit: 32
high of $8,204
will you take your bitcoin from your wallet to change it to a real money...  or you will stay tune to wait a positive increasing and hold your bitcoin stay in your wallet Huh?
For some people who have bought bitcoin when the price is above $8,204 USD I think it's still HODL is choice, otherwise when buying below that price might be a good chance to get a little profit. Depending on holder's willing to profit big or perfunctory. Especially true bitcoiner must select hold because it awaits the desired result.
member
Activity: 336
Merit: 20
difficult choice, I still hold a bit of bitcoin until today, I do not want to sell bitcoin prices right now, because I predict that bitcoin prices still will go up. if I sell it today then I have crashed a little market price.

so, I will stay and hold until bitcoin reaches the maximum price this year.
jr. member
Activity: 126
Merit: 4
I would stay and look at the bigger picture, I am a believer of bitcoin and I really think that it has a lot of room to grow, Once people notice and accepts bitcoin all over the world it will grow exponentially. May bring a few ups and downs but in the end it will go to new all time highs.
full member
Activity: 364
Merit: 123

i didnt miss the point at all
even since i started in 2012 i had the notion that measuring bitcoin to the dollar is a failure

i have said many times over the years of this forum that if bitcoin was measured as a cost of living index the volatility would not be noticable even if the FIAT valuations jumped 15-30%

Sorry, I was not trying to be offensive and suggest you were uninformed, just that I didn't feel you fully got the point across. I do believe that we will in time transition to a system whereby bitcoin is no longer valued against FIAT currencies because of the obvious limitations in doing that, first and foremost that requires that bitcoin be used regularly as a means of payment and then people will start to instead think of things in such a way.
newbie
Activity: 224
Merit: 0
There is no reason to take it and run. if bitcoin price is increased, it means we have more reason to keep on bitcoin.
the price of bitcoin shows that peoples still want to buy bitcoin and hold it.
hero member
Activity: 2716
Merit: 552
Hallo guys...  


Just want to share an information and may be we can make a little discussion about the latest Issue about our lovely bitcoin.
last week or last Friday exactly..  as we know there was a positive shocked about bitcoin price. I.ve just read a news on www.cnbc.com and it's also talk about it
here is a little part of the news.
"Bitcoin climbed again on Friday, reaching its highest since late March.
The cryptocurrency briefly rose more than 6.5 percent over the last 24 hours to a high of $8,204, its highest in more than two weeks, according to Coinbase.
Bitcoin traded near $8,085 as of 4:07 p.m. ET Friday, up 18.2 percent for the week."

and here is the link :
https://www.cnbc.com/2018/04/13/bitcoin-jumps-above-8000-bringing-gains-this-week-to-more-than-18-percent.html

my question is...  what will you gonna do to face up this condition...  will you take your bitcoin from your wallet to change it to a real money...  or you will stay tune to wait a positive increasing and hold your bitcoin stay in your wallet Huh?

thanks


Depends. There are experienced trader who sell during temporary pump and buy at the lowest dip. Theres a possibility that this could lead into a bull trap , if not then its a good thing. But majority of the mediocre investors are holding long term, it doesnt matter if BTC price rise or fall in the process, most important is to reach the target.
sr. member
Activity: 812
Merit: 250
my question is...  what will you gonna do to face up this condition...  will you take your bitcoin from your wallet to change it to a real money...  or you will stay tune to wait a positive increasing and hold your bitcoin stay in your wallet
It all depends upon the profit level and the level at which you have invested your coins, if you think you are in profit and the price reached your expectations you can do anything with it, i have invested when the price was relatively low and i could sell my coins if i need some money to invest in something else, so it depends upon your need whether to sell it now or at a later time.
With all the events that happened before I think it's better to stay in bitcoin because it's starting to get high again. Maybe you can withdraw some of it and then leave some to make it grow. This is the time we've been waiting for so long so don't lose the chance of experiencing the effect of bit coin's high value just take advantage of it.
newbie
Activity: 280
Merit: 0
Currently, bitcoin is again on bear market where it is now on red flag. Though bitcoin is on dip, I still believe that it will recover in the coming days to come. In my opinion, it's better to hold your coins now and just wait for the recovery. Do not sell your coins this time and just keep on waiting further for bitcoin is on the correction process before it will make another recovery.
hero member
Activity: 866
Merit: 1001
I would just stay comfortable in holding my bitcoinscasvi already knew that bitcoin deserves more price than what it is today and it's all the FUD which makes its price fall but only temporarily.
legendary
Activity: 1666
Merit: 1001
I am a great holder, I had hold Bitcoin for a long time, I believe that the longer you hold the more profit you will get, this rising really give a fresh air for investors, but I think we can get more if we hold, so I don't plan to cash out soon, the market is starting to heal, so it's mean the price will still has chance to go even further
legendary
Activity: 2282
Merit: 1023
my question is...  what will you gonna do to face up this condition...  will you take your bitcoin from your wallet to change it to a real money...  or you will stay tune to wait a positive increasing and hold your bitcoin stay in your wallet
It all depends upon the profit level and the level at which you have invested your coins, if you think you are in profit and the price reached your expectations you can do anything with it, i have invested when the price was relatively low and i could sell my coins if i need some money to invest in something else, so it depends upon your need whether to sell it now or at a later time.
hero member
Activity: 2702
Merit: 672
I don't request loans~
Hallo guys...  


Just want to share an information and may be we can make a little discussion about the latest Issue about our lovely bitcoin.
last week or last Friday exactly..  as we know there was a positive shocked about bitcoin price. I.ve just read a news on www.cnbc.com and it's also talk about it
here is a little part of the news.
"Bitcoin climbed again on Friday, reaching its highest since late March.
The cryptocurrency briefly rose more than 6.5 percent over the last 24 hours to a high of $8,204, its highest in more than two weeks, according to Coinbase.
Bitcoin traded near $8,085 as of 4:07 p.m. ET Friday, up 18.2 percent for the week."

and here is the link :
https://www.cnbc.com/2018/04/13/bitcoin-jumps-above-8000-bringing-gains-this-week-to-more-than-18-percent.html

my question is...  what will you gonna do to face up this condition...  will you take your bitcoin from your wallet to change it to a real money...  or you will stay tune to wait a positive increasing and hold your bitcoin stay in your wallet Huh?

thanks


For preparing in a short term I think it is good to take now the bitcoin because it is possible to downfall again maybe for the next day or for a couple of weeks we don't know exactly what will happen so it's good to have assurance this time. However, if you prepare to be in long term investment so it's good to hold for now and still patiently wait for the much higher pump therefore can be much benefited in the near future. But for me holding is I'm going to do as of now.
legendary
Activity: 4410
Merit: 4766
I can't believe that you guys are still so short-sighted. You always remember only a month back and that's it. When the price starts to go down after an ATH you cry that it's crashing, even though it only corrects to the value from 2 or 3 months back and you're still ahead every single year! When the price starts to rise after a fall it's all the same with you, you see only that a month ago it was lower and start thinking about selling. It doesn't matter that 2 months ago it was 2 or 3 times higher, all you care about is here and now.
A year from now, when it's much higher, you're going to start sad threads like: I should have bought in early 2018. Sad

its because most people are not told what bitcoin is really about.. they are just told that a friend of a friend of a friend doubled their fiat in a month.

too many people only se bitcoin as a vessel to 'get rich scheme' their way back to fiat.
full member
Activity: 1736
Merit: 121
What is happening is normal and people should stop panicking because it kills the plan to hodl longer. You sell and regret later. Me I'm hodling , this is not time for selling.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
I can't believe that you guys are still so short-sighted. You always remember only a month back and that's it. When the price starts to go down after an ATH you cry that it's crashing, even though it only corrects to the value from 2 or 3 months back and you're still ahead every single year! When the price starts to rise after a fall it's all the same with you, you see only that a month ago it was lower and start thinking about selling. It doesn't matter that 2 months ago it was 2 or 3 times higher, all you care about is here and now.
A year from now, when it's much higher, you're going to start sad threads like: I should have bought in early 2018. Sad
legendary
Activity: 3080
Merit: 1500
Hallo guys...  


Just want to share an information and may be we can make a little discussion about the latest Issue about our lovely bitcoin.
last week or last Friday exactly..  as we know there was a positive shocked about bitcoin price. I.ve just read a news on www.cnbc.com and it's also talk about it
here is a little part of the news.
"Bitcoin climbed again on Friday, reaching its highest since late March.
The cryptocurrency briefly rose more than 6.5 percent over the last 24 hours to a high of $8,204, its highest in more than two weeks, according to Coinbase.
Bitcoin traded near $8,085 as of 4:07 p.m. ET Friday, up 18.2 percent for the week."

and here is the link :
https://www.cnbc.com/2018/04/13/bitcoin-jumps-above-8000-bringing-gains-this-week-to-more-than-18-percent.html

my question is...  what will you gonna do to face up this condition...  will you take your bitcoin from your wallet to change it to a real money...  or you will stay tune to wait a positive increasing and hold your bitcoin stay in your wallet Huh?

thanks


That's the normal dynamics of the crypto market. 18% growth is nothing for bitcoin in a single day. We have seen much more volatile times previously. So the speculators of bitcoin have acquired more as per their pocket size when the price was down to 6.5k few days back and made a good percentage of profit.

But I am personally holding up my bitcoins because I strongly believe it has a lot of potential left. The current price is just the tip of the iceberg. It can grow to a whole new level just like we have seen during the last quarter of 2017. So my suggestion is to HODL.
sr. member
Activity: 826
Merit: 263
my question is...  what will you gonna do to face up this condition...  will you take your bitcoin from your wallet to change it to a real money...  or you will stay tune to wait a positive increasing and hold your bitcoin stay in your wallet Huh?

These developments on the price occurred on Friday, it's been over 72 hours between these price developments and your questions. So the answer to your question - the market's moved on, you've missed your opportunity to "take profits".

You need ask the question: at what price point in the future will you take profits? That way you know what you're going to do before the event occurs, enabling you to act while the event is happening...not 3 days later.



P.S. Your implication that Bitcoin is not "real money" is an insult to all of us, starting with Satoshi.

I do not want know when the bitcoin market to bump bigger in the market mate. As fluctuation is the normal tendency we cannot say that positive value alone the marketplace thing happening that time.
This is already shows the little changes in the profitable you have shared here.
Maybe little amount you boom again will be a stable right.
full member
Activity: 364
Merit: 102
If this shocks you, I guess you must be pretty new to bitcoin and cryptocurrency.
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