Whenever there is a bitcoin price boom there must be a price dip as well it is called the market correction. the best idea is to sell when the price started going down and buy later when the price settled on lower price.
I do not think that it is the time to sell the bitcoin if any body is not in urgency as in 2018 it is expected to increase the value of bitcoin so the investors should wait for golden days to come yet. It is considered to be good planning that one should buy low and then to wait for the market to raise in order to sell the bitcoin so if any body is having bitcoin he should hold it as it is not the proper time to sell.
Topic: Do you think its the right time to sell Bitcoin ? - page 26. (Read 3586 times)
Removing Bitcoin is indeed a high risk between going up or down is very difficult in the guess for me, what anyone knows how to know or trick up and down the price of Bitcoin?
The perfect time to sell Bitcoin when the price of Bitcoin is very expensive or rising, you must have the confidence and the mental to get it out, because it could be the price of Bitcoin instead keep going up, and you will regret with it.
Depends on you. If you are still yearning for mor profit then I think that you remain holding your bitcoin. Personally, I believe that it will grow by 2018. The dump was just caused by some forks. Bitcoin has so much potential and despite of its volatility, offers a good deal of cash.
I am also against the selling of Bitcoin now but my reason is different from yours .the right time for this was when its price crossed $19,000. That was the highest value of this pump. Anyone who sold out his Bitcoin at that time earned some real good profit. We all know that Bitcoin is again falling down and giving away your asset during a dip is not every wise move. However, if someone is planning to buy his Bitcoin again, now is the right time to sell out.
There are better prediction to what you've quoted! Some are saying bitcoin will be $60,000 before the end of 2018. Some rich guys are betting millions on this prediction already. For me, I will not trust any of this prediction rather I will look at Bitcoin price increase and take my position accordingly!
If you need the money, go ahead and sell it no questions asked. If you don’t, I think it’s best to hold. The most common mistake we do is selling too early. There is a speculation the value might even triple the ATH come 2018. I wouldn’t want to miss out on that opportunity; hence I will just wait for the best time to sell.
no. bitcoin has just increased a bit after a long reducing time. be patient and wait until it rises $20k again. you will get big profit
Do you think it will be the best time to sell as there are two kind of speculations one says the value of bitcoin will reach $20,000 by 2018 and there are also speculations that the bitcoin might go through a dump in upcoming days but i know we cannot believe into random predictions by random users due to the volatility of bitcoin but i need some suggestions whether to hold on to bitcoin or sell it out and invest some of it into altcoins and then wait for the price drop to reinvest into bitcoin which i am not sure will happen or not.
I think you should hold it not sell it, even the price is high and we can get more profit from there. Depend my experience , bitcoin price still have chance to reach more than $ 20.000 and we should take this opportunity because ( maybe ) at 2019 bitcoin will dump. Trust your self and try it, you'll know what the best for you in next day. See you next time.
Do you think it will be the best time to sell as there are two kind of speculations one says the value of bitcoin will reach $20,000 by 2018 and there are also speculations that the bitcoin might go through a dump in upcoming days but i know we cannot believe into random predictions by random users due to the volatility of bitcoin but i need some suggestions whether to hold on to bitcoin or sell it out and invest some of it into altcoins and then wait for the price drop to reinvest into bitcoin which i am not sure will happen or not.
Seriously asking this is not good thing because its your internal decision and the choice lies with you because you have to anlyze your current situation that whether you have made enough of amount in btc that you are satisfied or not.If was in your place i would hodl because whatever negativity surrounds related to its growth i know it will prove them wrong and reach new landmarks.Rest your choice.If the prices are down or they are getting back to normal point after a dip, these two times are not better for selling bitcoins so keep them.
For me, bitcoin serves as an emergency fund. If there is no need for it, I would still hold. For petty things, you have your salary for that, given that you have a job. Selling early is a common mistake which I’ve learned from in the past, missing out on its full potential value. The surge in value was unexpected in 2017; there is a big chance it might occur again soon.s
No, Bitcoin has just recovered recently. Its price is too low to sell now. But if you have money, you can buy more and wait until it hit new peaks again.
I always like to buy back if still have spare capital.
Normally now its time to but not to sell. Price is low now.
In this time, I think its time to buy bitcoin because the price of it is onthe dip so after that, we could expect to pump next to it. We all know that bitcoin price will never down to much so whether you bought at a high price, you will never lose if you don't sell it at below on your buying price.
Yes, I too think this the best time to buy bitcoin as the prices has dropped to 13000$ from 19000$ tag. Some people will sell their coin losing faith in bitcoins but it’s not the smart way as the prediction of 2018 shows that bitcoin is sure to reach the price tag of $25K and this is a very good value and it can give all the investor a good amount of profit from their investment like 2X profit in just a month or too so I think holding bitcoin is the best option now and also buying new once. 
It's up to your instincts, there are two risks to selling bitcoin. That is Loss, it would be a loss for you if if after you sell your bitcoin, bitcoin price goes up so you sell it before going up. And also profitable, it would be very beneficial if bitcoin prices go down after you sell them, so you're already selling bitcoins at higher prices.
Whenever there is a bitcoin price boom there must be a price dip as well it is called the market correction. the best idea is to sell when the price started going down and buy later when the price settled on lower price.
I do not think that it is the time to sell the bitcoin if any body is not in urgency as in 2018 it is expected to increase the value of bitcoin so the investors should wait for golden days to come yet. It is considered to be good planning that one should buy low and then to wait for the market to raise in order to sell the bitcoin so if any body is having bitcoin he should hold it as it is not the proper time to sell.
I think the users that responded that it depends on your investment strategy are absolutely right. You should have an exit range in addition to your purchase range.
IN ADDITION, if you look at the state of the cryptocurrency markets throughout the past few weeks - most of them are down. That signifies that there isn't an inherent drop of popularity for Bitcoin in particular, but an overall downturn for the market - explained by the pre-holiday effect. Since there isn't a reason particular to Bitcoin itself for why it is about to bust, I think the correct tactic would be to wait for the holidays to be over, the entire market to bounce bank and sell when its high.
As for 2018, forecasting for Bitcoin's peak in price is hard - and moreover, unnecessary. Unless you can see the future, you are unlikely to sell at the very peak. I think exiting at the $20k pricepoint is a perfectly reasonable expectation in 2018 Q1.
In my opinion the question that is more correct isn't whether to sell Bitcoin right now, but whether to buy it now or when it drops a little more?
IN ADDITION, if you look at the state of the cryptocurrency markets throughout the past few weeks - most of them are down. That signifies that there isn't an inherent drop of popularity for Bitcoin in particular, but an overall downturn for the market - explained by the pre-holiday effect. Since there isn't a reason particular to Bitcoin itself for why it is about to bust, I think the correct tactic would be to wait for the holidays to be over, the entire market to bounce bank and sell when its high.
As for 2018, forecasting for Bitcoin's peak in price is hard - and moreover, unnecessary. Unless you can see the future, you are unlikely to sell at the very peak. I think exiting at the $20k pricepoint is a perfectly reasonable expectation in 2018 Q1.
In my opinion the question that is more correct isn't whether to sell Bitcoin right now, but whether to buy it now or when it drops a little more?
No, this is an overdue correction, hold your posistion and the more it dips BUY and hoDL
No, Bitcoin has just recovered recently. Its price is too low to sell now. But if you have money, you can buy more and wait until it hit new peaks again.
There are traders that are saying that the price of bitcoin might go down lower than 10k level of its price and if you will believe to them then it is the best time to sell some bitcoin and wait for the price to reach to that level and you can just buy some bitcoin and hold it for long term and wait for the price to pump to sell.
Selling bitcoin now depends on what are you going to spend that money . If it's for urgent personal business or for investing in rising cryptos such as Ripple (xrp ) or Iota (Miota) then go for it . If it's just for gambling or a fancy wine bottle over new year's dinner than i don't think it's worth it since you'll be loosing the potential value that your coins could reach , and it's really going to grow !
People speculate that bitcoin will at least triple in value by 2018 end , and since it has managed to reach a x20 just in 2017 , that tripling thing doesn't seem unlikely to happen in my opinion .
People speculate that bitcoin will at least triple in value by 2018 end , and since it has managed to reach a x20 just in 2017 , that tripling thing doesn't seem unlikely to happen in my opinion .
MAJOR CORRECTION over the silly season has lost people tons of money already. If you sell now and it goes lower, then fine you can buy it back cheaper. I think this is what all the whales are doing now, they are profit taking and tanking the price so they can all buy it back under 4-5k USD. I think that is the grand plan. I don't have much Bitcoin, only like 0.03 BTC and most of it is in altcoins, but if Bitcoin tanks and my altcoins tank, I will be left with only my shirt in the end and all my hard work gone to pots.
We are living euphory times right now, what it follows will be panic times, my target is under usd 4500. so i agree with you. Mass behaviour is incredible and for first time in financial markets history we do have your written testimony thanks to bitcointalk without a writer who edits a book to learn about it. My native language is spanish, if you understand spanish i write in this link since page 251 what i think about this topic: https://bitcointalk.org/index.php?topic=98606.5000
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