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Topic: Do you think its the right time to sell Bitcoin ? - page 35. (Read 3613 times)

member
Activity: 252
Merit: 10
Although I am a small trader yet yesterday all altcoin is pumping.I sell my all altcoin.but today again altcoin market dump and this chance I use.I buy some altcoin.now again altcoin pumping now I see  Grin
sr. member
Activity: 602
Merit: 255
If you think you got enough profit from your bitcoin investment then it is the right time.But i think bitcoin price will increase more in the coming years so I suggest you to hold for some years until 2020 to get full profits from bitcoin.




Bitcoin is a digital currency system and it's trading is one of the process in Bitcoin it's including selling and buying selling is the sell the bitcoin and buying is the buy a bitcoin ,the rate of bitcoin are very high and it's a touch a $17000 and above in future it will cross high value  and this is also a good time to sell a bitcoin and if you have lot of bitcoin better hold the little amount of bitcoin and when increased that time we sell the bitcoin and you get more profit.
full member
Activity: 1106
Merit: 166
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If you think you got enough profit from your bitcoin investment then it is the right time.But i think bitcoin price will increase more in the coming years so I suggest you to hold for some years until 2020 to get full profits from bitcoin.
sr. member
Activity: 476
Merit: 500
depend on your decision, if you think it gives you much profit, you can sell it as well. but , i just give advice to you, don't sell all your funds because i'm pretty sure that the price will be higher again, it just need little time to get higher, hold your bitcoin if there's nothing emergency. or you will be in regret in the future.
legendary
Activity: 3122
Merit: 1398
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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.

Just sell if you:

- You need an urgent money for emergency purposes
- You need an urgent money to buy something
- You just want some profit because you anticipate that the price will decrease later on...
...but what if price pump harder and harder after you sell?

You will never enhanced your strategy if you won't test it by yourself. Just like you said, you won't believe in random speculations so who to trust now and why still asking opinions here by others if you will also get random responses?

If you are eyeing for long term goals in bitcoin then no need to think of that. Put another capital instead if you want to invest on altcoins.
hero member
Activity: 896
Merit: 521
If you don't require your BTC amount for any specific or urgent purpose, refrain from selling.

Why?

In last 3 months of 2017, we saw the mainstream adoption of Bitcoin and a constant bullish trend.

There is a hike in demand globally with CBOE/CME launching futures and banks integrating the Bitcoin or cryptocurrencies in their system.

Some new major markets are growing like India and African countries bringing in more demand along with Korea and Japan.

A bill in Congress will get passed in Jan giving Bitcoin the currency status in USA bringing down the tax. Party has only started.

I see 2018 a bullish year for Bitcoin as well as cryptocurrencies.
member
Activity: 138
Merit: 10
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.

Today profit 85% so far........

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full member
Activity: 756
Merit: 107
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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.

It really depends on how much profit you've made so far. Personally, I will hodl until it reaches at least $100,000. If it doesn't reach this level, then that's fine.

If the price does drop, I doubt it'll be a massive drop, the overall trend is upwards and it's likely to stay that way for the next couple of years.

If you REALLY need the money now, then by all means sell. But if you've got your spare cash held in bitcoins, I'd continue holding as you might regret it otherwise.

There is no specific concept to sell Bitcoin. If you want to sell all, you will lose the opportunity to earn profit for future . So Keep Bitcoin for the future besides selling . It is help for your business.
legendary
Activity: 1386
Merit: 1058
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.
Keep believe on bitcoin price and believe that the price of it will continuously increase. Some people are spreading bad news because they only want to dump the price of bitcoin by spreading rumors so that they will be able to buy more bitcoin at the lower price and when they will buy then they will support bitcoin and they know that after the end of this year the price of bitcoin will reach to $50000 or more.
It is panic like the one OP is displaying right now that makes the strong hands to play with the weaker hands emotion. It is an investment and the reason they call it holding is because you understand the risk and you are ready to still stick with it as long as you understand the value it is going to give in the long run.

We have not seen mass adoption yet. OP should wait for it and see whether listening to speculations really sound better or just holding.
legendary
Activity: 1232
Merit: 1029
I think it depends on your entry point and your own risk / money management plan.
For example, if I have only invested $100 in it, then probably I shouldn't even care about any movement until my investment reaches $1000 ( for example )
No matter the entry point. It is an investment and for sure, everyone have a reason why they are investing, but deciding to go all out as a result of panic and not because the OP or anyone in his shoes deem it fit to want to make that decision by themselves or because they really want to, is kind of pathetic to me.

No one knows tomorrow, but at this stage, it is obvious bitcoin has been a clear winner despite all the FUD that is being created every day. It is his decision to make anyway.
legendary
Activity: 1932
Merit: 1273
I'm long on Bitcoin right now but the day has been completely dead for the pair. I'm having thought of taking profits and waiting to see what happens for Bitcoin after the recent futures contract. I also don't like the tight range Bitcoin is trading right now, with so little volume.
full member
Activity: 447
Merit: 108
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.
Is just the matter of days to come and the value of Bitcoin will hit the highest height ever in the crypto currency history. We still have some days before end of December and who knows whether Bitcoin will not hit $20,000 before end of December this year. So i  will advise you to keep holding your Bitcoin for the train has just began the upward movement and currently Bitcoin value as at time of this post is $17,096.93 with the believe that it will continue to increase in value.
full member
Activity: 952
Merit: 104
depends in the hodlers of bitcoin what is the right time for he/she need to sell their bitcoins, but i can see the future of bitcoin in 2018 i think continue to hyip the price value in the marketcap, i always believe hodl  bitcoin give better profits.

for me selling of bitcoin if i have important need to expense for the daily needs.
sr. member
Activity: 1624
Merit: 267
The price of the bitcoin today is already 16, 800 dollars and I think it will continue to increase in the next few weeks so it's your choice if you want to sell your bitcoin or you can hold it. But make sure if you sell your bitcoin you will not sell all your bitcoin because possible the price increase more and if that happen you will lose some profit.
sr. member
Activity: 630
Merit: 251
I think bitcoin will still go up, its just the matter of time, for me selling bitcoin because of the little dropping is stupid, a lot of newbie panic because of the price drop and according to people's speculation that the price will drop, when you already long involve in bitcoin you should know that panic selling is the thing that need to be avoided

People who are new to the crypto world will mostly panic in these kinds of volatile prices because they may not be used to it. If anything goes high very fast has to go through correction process and currently that is what happens. Because from 10K to 17K Bitcoin reached quite fast and now correction mode after that slowly it will go higher than 17K so just hold on to your bitcoins if you're not in a need of urgent funds.
It depends on the holding power of investor, if one have the spare money for bitcoin then he should not sell it as the people predicts its higher value in the future. It is better to wait rather than to sell. If there is fluctuation in the trading market one should not be in panic as it does happen in business so it may be taken as part of the game and not very serious matter. It is established currency in market as it is harder for others to compete with it.
newbie
Activity: 3
Merit: 0
The BTC is fluctuating heavily but after every drop it rises again with 30-40%.
Personally I would hold the coin. I think the BTC will reach 25k before the summer of 2018.
full member
Activity: 466
Merit: 100
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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.
for me it is now more appropriate to do day trading, because if I see bitcoin prices go up and down alternately with a considerable difference, this will be a great advantage with the right timming.
member
Activity: 616
Merit: 12
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If you have bought bitcoin about a month ago, then right now you have got good profit. I believe you should hold only 20% or 30% and sell rest of them and buy other altcoins.

dont need to wait till a month i think, just buy a week ago, and then got profit than i ever made before
i think we should HOLD 50:50 for bitcoin, 50% altcoin thats more than enough though that bitcoin price is go to moon then we need to be careful to trading in altcoin
hero member
Activity: 910
Merit: 550
For me it is the right time to sell bitcoin if you are doing a short term investment because the price is still high, but if you are on a long term investment then don't the price will fall but it will increase again.
newbie
Activity: 31
Merit: 0
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 used to open a thread with a similar question. Had dozens of suggestions and decided to hold. That was the right choice. Hold as long as you can until your nerves burst )
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