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Topic: Sell or wait? - page 44. (Read 58430 times)

legendary
Activity: 1540
Merit: 1003
March 06, 2017, 01:41:36 PM
Saying the truth it's not a bad time to sell a small part of bitcoins now as the price is just perfect comparing with the price last year or last 2 years.

Those who have invested or earned through this period then it is a good time to sell them otherwise holding for a longer time is not a bad idea too.

Personally I have decided to wait and hold for a longer time as bitcoin has taken much attention in public and I hope the price can be much higher than now.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
March 06, 2017, 01:03:29 PM
Selling is not a right decision to make at a moment as price is moving up now and we can expect the same in coming days too so it would be good if we can hold them for next few months and sell when price goes higher so its better not to sell and wait for few more time.
you're right, maybe it would be a very bad practice to sell at this time, because bitcoin prices still continue to rise. but, if you're so desperate for money, I think it would not hurt to sell bitcoin for now, because it can be said that today, the price of bitcoin have reached prices so high from the previous year.
hero member
Activity: 812
Merit: 500
March 06, 2017, 09:41:07 AM
Selling is not a right decision to make at a moment as price is moving up now and we can expect the same in coming days too so it would be good if we can hold them for next few months and sell when price goes higher so its better not to sell and wait for few more time.
hero member
Activity: 759
Merit: 505
March 06, 2017, 08:18:38 AM
I am also thinking of selling a few but will wait for the SEC decision on the ETF this week and how it will affect price movement. I hope this pushes the price even higher and if that will be the case, I’ll just continue to hold and wait for the price to reach $1500, which isn’t too far off now, given how much the price has climbed over the last two months or so.

If there is no approval, the price might drop. But it will rise in the long term.
I agree with this. If you don't need money now for something important keep holding! Bitcoin is on the rise and I expect it will continue no matter what happens with ETF. Id didn't take much for the price to reach $1000 and it won't need a large event to reach 1500, we will get there eventually. The higher the price the more people get interested and now, when we reached the price of gold all eyes are on Bitcoin.

Even if ETF doesn't gets approval there will be no massive decline in the price of bitcoins and even if it falls it won't go below $1000 so its an individual's call whether to sell at a moment or hold till the next week and if approval is done then price can go much higher and that would be good time to sell bitcoins.
legendary
Activity: 2814
Merit: 1192
March 06, 2017, 07:47:46 AM
I am also thinking of selling a few but will wait for the SEC decision on the ETF this week and how it will affect price movement. I hope this pushes the price even higher and if that will be the case, I’ll just continue to hold and wait for the price to reach $1500, which isn’t too far off now, given how much the price has climbed over the last two months or so.

If there is no approval, the price might drop. But it will rise in the long term.
I agree with this. If you don't need money now for something important keep holding! Bitcoin is on the rise and I expect it will continue no matter what happens with ETF. Id didn't take much for the price to reach $1000 and it won't need a large event to reach 1500, we will get there eventually. The higher the price the more people get interested and now, when we reached the price of gold all eyes are on Bitcoin.
hero member
Activity: 1470
Merit: 504
March 06, 2017, 07:44:27 AM
I am always contented for what is price now because my first encounter the value was around $200 on april 2016 so I am really grateful that I am still part of bitcoin community and will be part in the long run. I always sell my coin monthly because I needed I don't need to wait but I am happy seeing the price really high.

If you need money then you can sell your coins and there is nothing wrong it but I would like to suggest you that try to save even a small amount of bitcoin on monthly basis and try to manage your expenses from the rest as even small amount saved will be more valuable in future as we may see some unexpected price of bitcoins in coming years.
hero member
Activity: 2464
Merit: 594
March 06, 2017, 07:38:08 AM
I am always contented for what is price now because my first encounter the value was around $200 on april 2016 so I am really grateful that I am still part of bitcoin community and will be part in the long run. I always sell my coin monthly because I needed I don't need to wait but I am happy seeing the price really high.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
March 06, 2017, 07:32:29 AM
I am also thinking of selling a few but will wait for the SEC decision on the ETF this week and how it will affect price movement. I hope this pushes the price even higher and if that will be the case, I’ll just continue to hold and wait for the price to reach $1500, which isn’t too far off now, given how much the price has climbed over the last two months or so.

Well that's correct its better to hold our coins for next couple of days and see whether ETF gets approval or not and if its get approved then we can expect much higher price of bitcoins so if we sell them now and if price touches $1500 in coming days then it would be the wrong decision to make so its better to wait and see where price goes and then take decision of selling them.
It's good to speculate for the approval as I feel there is more surprises that is going to happen, never think of the negative things as bitcoin is stronger now because of us. Selling nowadays is sing of luck of trust of bitcoin, let's believe and keep this moment our chance to maximize our profit.
Honestly, although I do not have a big amount of bitcoin but I'm saving it because I believe it will grow in a short period of time.
sr. member
Activity: 784
Merit: 250
March 06, 2017, 07:14:35 AM
I am also thinking of selling a few but will wait for the SEC decision on the ETF this week and how it will affect price movement. I hope this pushes the price even higher and if that will be the case, I’ll just continue to hold and wait for the price to reach $1500, which isn’t too far off now, given how much the price has climbed over the last two months or so.

Well that's correct its better to hold our coins for next couple of days and see whether ETF gets approval or not and if its get approved then we can expect much higher price of bitcoins so if we sell them now and if price touches $1500 in coming days then it would be the wrong decision to make so its better to wait and see where price goes and then take decision of selling them.
newbie
Activity: 68
Merit: 0
March 06, 2017, 03:07:31 AM
I am also thinking of selling a few but will wait for the SEC decision on the ETF this week and how it will affect price movement. I hope this pushes the price even higher and if that will be the case, I’ll just continue to hold and wait for the price to reach $1500, which isn’t too far off now, given how much the price has climbed over the last two months or so.

If there is no approval, the price might drop. But it will rise in the long term.
hero member
Activity: 714
Merit: 500
March 05, 2017, 10:49:01 PM
I am also thinking of selling a few but will wait for the SEC decision on the ETF this week and how it will affect price movement. I hope this pushes the price even higher and if that will be the case, I’ll just continue to hold and wait for the price to reach $1500, which isn’t too far off now, given how much the price has climbed over the last two months or so.
sr. member
Activity: 339
Merit: 250
March 05, 2017, 10:19:48 PM


All can happen, we are not talking about one but three companies wanting to take Bitcoin to next level. ETF  ( decision around 11th of March ) , SolidX (desicion around 17th of march ) and Barry Silbert Investment trust has applied as well .

So iam Sure SEC is going to look into this with new eyes and  one if not all can be approved, sure  maybe not this year but  in very near future. So if you do not need money then sit on your bitcoins at least for 6month to a year.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
March 05, 2017, 09:57:38 PM
Better to sell before they announce the etf and especially if the announcement is negative because I want to buy your bitcoins cheaply.  Grin
Just sell in near of 11 march. I guess the bitcoin price will reach the top and i hope 11 march the bad news will be coming and i can buy back the cheap bitcoin. in my opinion it will become the big candle after 11 march. red or green there is no definite answer about that.
hero member
Activity: 3010
Merit: 666
March 05, 2017, 09:36:32 PM
the price of bitcoin is currently experiencing an increase. I think doing the sell is a wise action. we can get a sizeable profit. then wait again until bitcoin prices up and down. and make a profit again.
The price is experiencing increase and it will increase more with the passage of time so it is not better to sel now but wait for more longer and you will see that in the coming days you will get a best chance to earn with price rise.

Yes and this is surely not the best time to sell bitcoins as price is rising at a moment and it is expected that price will go higher at the end of the month so if you manage to hold your coins till that time then it can give you higher profits so its better to wait for some more days and see where the price lands in coming days and take decisions accordingly.
Due to our patience, it will reward us in the right time, selling now is not a good practice if you still have something in your wallet to use for your expenses. Let the price rise for more and then just sell if the decision this coming march 11 about the ETF is negative as I'm sure there will be a massive dump that will happen.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
March 05, 2017, 05:27:45 PM
the price of bitcoin is currently experiencing an increase. I think doing the sell is a wise action. we can get a sizeable profit. then wait again until bitcoin prices up and down. and make a profit again.
The price is experiencing increase and it will increase more with the passage of time so it is not better to sel now but wait for more longer and you will see that in the coming days you will get a best chance to earn with price rise.

Yes and this is surely not the best time to sell bitcoins as price is rising at a moment and it is expected that price will go higher at the end of the month so if you manage to hold your coins till that time then it can give you higher profits so its better to wait for some more days and see where the price lands in coming days and take decisions accordingly.
sr. member
Activity: 734
Merit: 250
March 05, 2017, 04:00:07 PM
the price of bitcoin is currently experiencing an increase. I think doing the sell is a wise action. we can get a sizeable profit. then wait again until bitcoin prices up and down. and make a profit again.
The price is experiencing increase and it will increase more with the passage of time so it is not better to sel now but wait for more longer and you will see that in the coming days you will get a best chance to earn with price rise.
legendary
Activity: 1092
Merit: 1000
March 05, 2017, 03:14:42 PM
Better to sell before they announce the etf and especially if the announcement is negative because I want to buy your bitcoins cheaply.  Grin
hero member
Activity: 797
Merit: 500
BBOD fast, non-custodial & transparent Exchange
March 05, 2017, 03:11:32 PM
the price of bitcoin is currently experiencing an increase. I think doing the sell is a wise action. we can get a sizeable profit. then wait again until bitcoin prices up and down. and make a profit again.

Well that is a right thing to do and it will also depend on what price you have bought your bitcoins in the past and if you have bought them at $500 or around it then this would be the best time to sell your coins to make good profits and you can buy them again when price goes down in coming months but if you are looking to make higher profits then better choice would be to hold them for next couple of months.
of course the wait could be a better thing. we can get an opportunity to earn more profits. but we must think about whether in future bitcoin prices decline again or not? because it could affect the final result which we have dreamed.

We don't know what future will show us it can go in any direction either it can go higher or lower but I believe in simple logic that if current price is giving me profits then I will surely sell some of them to grab some good profits as price may fall in future and at that time I will engage myself in buying more and more coins at cheaper price which can again give me profits in future when price will exceed my buying price.
hero member
Activity: 770
Merit: 500
March 05, 2017, 12:22:02 PM
I would say sell it. The Downside is that Quantum Computing will be rising in commercial usage, which means the BTC protocol will need to be strengthened. I've heard recent blockchain conference in Sydney, Australia and at a technical briefing, it was postulated that there was a 1 in 14 chance bitcoin would be hacked with Quantum Computing.
With the SHA-256 cryptographic algorithm (at the very core of BTC’s design), the chances of anyone randomly guessing a correct private key combination is estimated to be one in 115 quattuorvigintillion– that's a 1 followed by 77 zeros! Now that sounds like a big number – and it is – there are more private key combinations than there are grains of sand on the planet.
Currently it would take around 0.65 billion, billion years to hack. With quantum computing this will dramatically change.
In the absence of a hack - I think we will see somewhere between $12,500 - $15,000 per bitcoin.
With a hack of the protocol - it will fall close to zero - until a massive patch is put in place, and gradually rise from a zero base.
I think the protocol will evolve over time to overcome this risk but it is an important one worthy of consideration.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
March 04, 2017, 11:03:04 PM
the price of bitcoin is currently experiencing an increase. I think doing the sell is a wise action. we can get a sizeable profit. then wait again until bitcoin prices up and down. and make a profit again.
Price increase is happening continuously. So selling bitcoin now is a good decision to make a good profit. Holding for a long will surely benefit the users. Selling or waiting for a better profit now should be decided on one's own plan. I believe with small difference in price one can make a good profit placing small margin.
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