Topic: RIGHT TIME TO SELL??? - page 2. (Read 2215 times)
I would only say that it's very RISKY to sell at this point. Downside is $259 and upside is a bubble similar to previous ones. February was a good time to sell because the end of the bubble was confirmed by a dead cat bounce. However, we are near a possible reversal. If the reversal doesn't happen, worst case scenario is we may end up in $259 support, the previous high of the 2013 bubble. Best case scenario, for me at least, is we reach $2000 - point at which I'll start selling.
You can sell but be ready to buy back quick if there is a confirmed trend reversal. Also I'd recommend storing the fiat in a bank account rather than an exchange or its not worth the risk. use coinbase. start getting verified there now because it'll take a month till they raise you from 3k limit to 50k limit.
One note about Coinbase. There isn't any way to set a limit order without additional software.Adds at least one level of complication to attempting to rebuy at a bargain price.
If you're worried, sell as much until you can sleep well.
There's no guarantee for getting 500 or higher again in the future. Take the possibility into account that the price might fall to 100 or lower without ever recovering.
There's no guarantee for getting 500 or higher again in the future. Take the possibility into account that the price might fall to 100 or lower without ever recovering.
You can sell but be ready to buy back quick if there is a confirmed trend reversal. Also I'd recommend storing the fiat in a bank account rather than an exchange or its not worth the risk. use coinbase. start getting verified there now because it'll take a month till they raise you from 3k limit to 50k limit.
Right now is the best time to buy them. It's like when Bitcoin went from $500 to $80, I think. People bought a lot of 'em then. And they made a pretty good profit in the long run.
Or it may be when it went from 500 to 150 and you are not sure we hit the bottom but it is still a huge buying opportunity with all the upside potential
Sell now and buy back later at around 250$
Just wait until the Mt Gox effect weans off. It may take a few months, as the volume was so large. A lot of negative publicity was also generated as a result of Gox. So wait until everything gets settled.
I don't need money actually was just asking the forum to know weather iam doing right holding all my coins or i might go lower this year so i should sell them instead and i got the answer so for sure i'll be holding them now
Thanks everyone for your suggestions
Right now is the best time to buy them. It's like when Bitcoin went from $500 to $80, I think. People bought a lot of 'em then. And they made a pretty good profit in the long run.
In the recent time bitcoin price went down so I don't think It's the right time to sell. Why you people buy coins with intention that the price will go up and you'll make some money, but the price falls down few 10's dollar's and you sell them? Then you see that It went up again and you think: "Oh why i sold my coins?". Personally I will keep mine till It hits at least over 500$. If you buy with intention that It'll go up, then wait till It goes up and don't panic. In my opinion you should keep them, but I don't actually know at what price you bought them, If at $350-$400 then of course you would likely sell It because you already made profit anyway.
Just wait until the Mt Gox effect weans off. It may take a few months, as the volume was so large. A lot of negative publicity was also generated as a result of Gox. So wait until everything gets settled.
If you don't need the liquidity, then absulutely not
Hold your Bitcoins, only sell if you really need the money.
Not in a hundred years I will sell my Bitcoins for such a low price. If price goes lower then I buy even more.
So hold your coins and be patient
Not in a hundred years I will sell my Bitcoins for such a low price. If price goes lower then I buy even more.
So hold your coins and be patient
if you need fresh money, sell now
if not, hold it and buy more BTC in lower prices
like hilariousandco said before, no point selling BTC in low prices
if not, hold it and buy more BTC in lower prices
like hilariousandco said before, no point selling BTC in low prices
Never
No but who can tell you, only you can decide whether you need the money or are over invested etc.
No but who can tell you, only you can decide whether you need the money or are over invested etc.
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I'd wait unless you need the money. What's the point in selling them now on a low? And how much did you actually put in to them? No point selling at a loss, but if you're happy with the price currently sell them, but I'm sure holding for a while will soon pay off.
Alright,
So what you guys think is it the right time to sell bitcoins or should i wait
Also what will be the good price to sell my coins considering this month's prices ??
So what you guys think is it the right time to sell bitcoins or should i wait
Also what will be the good price to sell my coins considering this month's prices ?? Jump to: