Topic: ⛔️⛔️⛔️ Is It Time To Cash Out The Profits? ⛔️⛔️⛔️ - page 4. (Read 1681 times)
No, don't stoploss. Bitcoin will rise in the next days. There was only a divergence that made the movement slower and by that don't put the mentality. There would be many forks and will make the bitcoin moon.
I dont think that people are dumping bitcoin right now and it has no connection with the recent price drop, i think its due to some manipulation by group of whales, ive seen this kind of pattern over the past few years but unlike today the price is kinda high.
After observing the graph above,there is also a possibility that the price returns to the area of $10K or even go down until to $8k,regardless of the reason and seeing that graph I would not be surprised either because that happened too, I do not know if in the following days or in the next months.
I dont think that people are dumping bitcoin right now and it has no connection with the recent price drop, i think its due to some manipulation by group of whales, ive seen this kind of pattern over the past few years but unlike today the price is kinda high.
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
It seems the price is dropping rapidly today leading up to futures
I'm not selling yet. I honestly prefer to hold through the top and then start shorting the subsequent bounce to the .618-.786 fib retracement area. We always get that kind of action after Bitcoin tops. Otherwise, it's just too easy to get shaken out, because in this kind of rally, there are no double bottoms/retests of the lows.
I'm not seeing crash-like behavior. There's a Rising Three Methods pattern on the 1-day chart. If we do see continued downside, I'm looking to heavily buy anything in the $7500-9000 area. The parabolic trend stands ~$7300 right now. As long as it holds, I'm bullish:
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
Well, atleast the best thing to do is to hold. And if the market value continues to fsll invest as much as possible. Bitcoin is volatile in nature, so backdrops such as these are just normal. Surely, it will eventually increase and before this year end, chances are high that its market value will be more expensive and profit will surely be earned. It seems the price is dropping rapidly today leading up to futures
$1000- $2000: 1271 days
~
$18000-$19000: 3 minutes
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$18000-$19000: 3 minutes
first of all you can not possibly compare these two because the first one is a 100% rise which obviously took a longer time than the last one which is a 5% rise. it barely even covers the fees for a trader.
if you are getting your trade signals based on this, then i suggest you stay away from trading!
secondly, that is how adoption works. it is slow at first and then speeds up drastically. 100% rise would take a year at first and then 6 months then 2 months. and bitcoin being bitcoin and having a small market means this will be much faster. both rise and the fall due to the dumb panic sellers who think $1000 is always the same huge rise no matter if it was $1000 rise from $10 or $1000 rise after $100,000.
take a look at this:
it goes up and down $1000 in minutes too. it has increased $3500 yesterday and total of $50,000 in the past 6 days. i guess you panic sell that too?
https://finance.yahoo.com/quote/BRK-A/chart?p=BRK-A
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
It seems the price is dropping rapidly today leading up to futures
Yeah,the price is falling rapdily so many people cash out their profits but I think it is not the right time we need to hold our bitcoins for few more years to make huge profits because I think the price of bitcoin will touch $100k in 2020,so. We have to keep until that to make the real profit of bitcoin.
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
It seems the price is dropping rapidly today leading up to futures
I don't sell my bitcoin because I can not make any profit. I'd rather wait until the price increase again and buy more bitcoin because today the price is dropped too far. this is my opportunity to buy more bitcoin and I don't want to miss this time. but we have another opportunity from the dropped of bitcoin price because altcoin price getting prepare to increase and I see many altcoins start to make good moves. I hope the altcoin party will come within a few days later.
I have said it before and am saying it again, the current drop in price is not enough for me to rush to sell my bitcoin. Especially now that I have the knowledge on how the market works and my piece of advice when you want to sell you bitcoin always do at the pick of the price rise or in the early hours of price drop in other to make profit. But when you wait until the middle of the price fall or towards the end of it you may end up loosing.
I don't think it's a good idea 
). Bitcoin price is decreasing but not too much and it'll rise back soon so I think everyone should hold their Bitcoin a little bit longer or they can hold it until next years cause I think Bitcoin can reach to 20k$ right at the early of next year.
). Bitcoin price is decreasing but not too much and it'll rise back soon so I think everyone should hold their Bitcoin a little bit longer or they can hold it until next years cause I think Bitcoin can reach to 20k$ right at the early of next year.
There may be many reasons to discuss for recent bitcoin price drop. Some expect it due to a lot of unconmirmed transactions on netweork.
While some say its because christmas time. This can be a notable point in my sense that people would felt need of money on the day of chriatmas, thus cashing out for now is sure but we can hope surge agin in bitcoin as soon as the christmas days pass. No need to feel panic, bitcoin always remain synergy with time
While some say its because christmas time. This can be a notable point in my sense that people would felt need of money on the day of chriatmas, thus cashing out for now is sure but we can hope surge agin in bitcoin as soon as the christmas days pass. No need to feel panic, bitcoin always remain synergy with time
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
It is okay, maybe they are making panic selling today because of the price dropping just like what you are thinking right now, you want to sell your bitcoin now. Wait until tomorrow because they say big investors are coming into bitcoin so I think bitcoin will rise again and I heard that bitcoin will reach $30k. It seems the price is dropping rapidly today leading up to futures
If you're looking for short term investment , then it's time to sell for profit and wait to buy cheap one
For me as long term investor, I'm will keep most of my bitcoin until next 4 years as I'm believe that bitcoin won't disappoint me !
~Bitcoin is Economic Changer !
For me as long term investor, I'm will keep most of my bitcoin until next 4 years as I'm believe that bitcoin won't disappoint me !
~Bitcoin is Economic Changer !
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
It seems the price is dropping rapidly today leading up to futures
I dont think everyone is selling their bitcoin, i think the recent price drop of bitcoin is because of the congestion in the network, there are lots of unconfirmed transaction for the last 2 days.
After the congestion on eth network now its bitcoins network, i dont know the reason why the network is congesting but i hope it will be fixed soon.
You can do it whenever you want to.
But just for me, it will always be not a good time to sell.
I have been thinking about all the bitcoin I have that I have sold before and now it is all regrets.
So from now on, I dont want to feel that again, I know this price hike aint over yet. There will be more increase that will come. Those forks that will happen will just make bitcoin popular again.
Hey, and they will be storing back their bitcoins.
But just for me, it will always be not a good time to sell.
I have been thinking about all the bitcoin I have that I have sold before and now it is all regrets.
So from now on, I dont want to feel that again, I know this price hike aint over yet. There will be more increase that will come. Those forks that will happen will just make bitcoin popular again.
Hey, and they will be storing back their bitcoins.
No it is not a right time to cash out the profit because bow the value of the bitcoin is 15000dollar but in future it may reach upto1million dollar
Do you really think anyone here can predict it? I seriously can't. These crypto makets are becoming heck of unpredictable. We see new booms and new corrections each and every day. Its becoming difficult even for traders. so its better to cash out profits whenever you get a chance to do so. Moreover not to forget that a new wave was added to the never-ending Bitcoin mania when the Chicago Board of Exchange (CBOE) became the first major derivative exchange to launch Bitcoin futures on December 10.
Getting its futures listed on a top exchange of US is a great thing in itself and clearly exhibits that its price is certainly going to shift upwards in coming futures.
Getting its futures listed on a top exchange of US is a great thing in itself and clearly exhibits that its price is certainly going to shift upwards in coming futures.
Another reason why people are cashing out is because its Christmas time. Every body needs to buy something so they need fiat.
As far as I know March to June is the altcoin season.
As far as I know March to June is the altcoin season.
Is everyone selling their BTC?
It seems the price is dropping rapidly today leading up to futures
It seems the price is dropping rapidly today leading up to futures
I agree with you, i think that's the reason why they cashing out their bitcoin ( like you said. ) And that's the number one reason why the value of bitcoin dicrease. Anyways, for me i don't want to cashout or sell my bitcoin because i know the price is going back after this coming fork.
I think the people prefer to hold their coin and waiting the price increase again.. bitcoin still in the high price, don't worry too much.. but if someone need cash, no problem for them to cash out the profit.. everyone has their choice..
To sell now bitkoyn or not, it's personal. Now, probably, many partially translate bitcoin into fiat, or are just preparing to buy for bitkoyn in connection with the New Year holidays and Christmas. In addition to the usual correction bitcoin, perhaps this also affects him in lowering his course. We will see if it will stay in place for some time, or even drop a little, then, most likely, it is. So it was a good time to use the bitcoin stop and take some profit. However, it must be borne in mind that soon again bitkoyn will quickly rise up.
i will wait one more year to sell btc
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