Should I sell my BTC or buy more? - page 4.

Armstand

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Quote from: rajasumi3 on May 05, 2017, 09:14:16 AM

you dont have to sell any bitcoins at all,just hold on to it and wait till the price of bitcoins reaches 2500$,well it is the best for me and i think that the price of bitcoin will be increased more till the end of this year.

For me. There is no reason to still hold once you have a valid reason or you need badly cash because even though you wait for the high but you can't use when the time of your needs then it is still useless to have a huge amount of money that has no purpose at all. Sell it if you need and hold if you just worrying for dump.

Sniper44

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taking financial advice online, specially on this forum on the speculation board is not such a good idea but hey you asked for it:

i say buy more. we saw the $1600 be broken, then price came down but it didn't go way low, it is sitting at $1577 on bitstamp right now, i say that was THE correction of this rally for now. and price will rise more.
we may see some more correction next week by the end of the week, and it may even be bigger but until then there will be accumulation then rise.

LFC_Bitcoin

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The only certainty in bitcoin's relatively short lifespan thus far is that despite pumps & dumps the price has consistently recovered & reached a new ATH.

Sure if you had a large stash sell some, take some profits but if as you say OP, you have 1.2 bitcoin's then don't sell.
HODL at least until about 2021 (a year after the next halving).

I'm pretty certain by that time your 1.2 bitcoin's will be worth significantly more than now.

DrGuns4Hands

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In here you need to determine only on yourself. Just an advice, if you really need the money you better not sell your BTC no matter what, you must hold it. And then if your money can afford to buy BTC, always buy more. Sometimes, I thought cryptocurrency will crash but I was mistaken. You'd never feel bad or regret buying more. Well assured! Wink

rajasumi3

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you dont have to sell any bitcoins at all,just hold on to it and wait till the price of bitcoins reaches 2500$,well it is the best for me and i think that the price of bitcoin will be increased more till the end of this year.

btc_angela

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Quote from: Shawns on May 05, 2017, 03:23:29 AM

Hello everyone,

I was wondering after yesterday when the price went from 1400usd to 1600usd if I should sell it now or not?

It's not much but have around 1.2 bitcoin now.

I have also heard somewhere that the price will rise further because countries are going to use it.

Let me know!

I you don't need the money then why sell it? Just hold on your bitcoin right now. The price is constantly rising and this is not a bubble, so don't be afraid of it bursting. And if you still some extra money in your pocket then you should buy more because as what they have said, $2000 is more likely in the next couple of months.

Lucius

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Quote from: Shawns on May 05, 2017, 03:23:29 AM

Hello everyone,

I was wondering after yesterday when the price went from 1400usd to 1600usd if I should sell it now or not?

It's not much but have around 1.2 bitcoin now.

I have also heard somewhere that the price will rise further because countries are going to use it.

Let me know!

If you need money then you can sell some percentage of your BTC and keep the rest for future and one day sell for much bigger price then today.It's always tempting when we see that we can make a profit and sometimes is good to just take it,but my personal opinion is that is better to hold and wait for price go more up.

If you decide to not sold you need take some risk because nobody know what future brings,and if you sold you get some profit.One day you may be sorry you sold, but you maybe also make right move if you sold now.

birareru1988

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Here you need to decide only yourself, so you do not regret losing money. It does not make sense to go into trade or invest and rely only on other people's advice.

Slow death

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Quote from: Shawns on May 05, 2017, 04:02:44 AM

Quote from: ralle14 on May 05, 2017, 03:56:07 AM

Here's my advice, if you really need the money then sell your btc if not then just hold it. I felt bad for selling mine last year at $700 I thought bitcoin won't go past $1000. If this keeps up I feel like we might see the price reach $2000 soon.

Alright thanks for your advice. I think once it reaches $2000 im going to sell it.

Not much to get this price, joke... the market is unpredictable and always good to be aware, in your case I believe that if you have 1btc you do not need, then you can hold until the price is $2000 or more.

mindrust

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Do you need FIAT so urgent? If not, then there is no reason to sell. Don't check the charts so often, it will drive you crazy.

If you believe in BTC then hold it till you have enough money to purchase your dream. I have various investments in different assets (including bitcoin) and i never sell any of them.

If one of my asset's price drops too much, i just buy more of it and strengthen it. My strategy can't lose in the long run till one of them drops to zero and that's not possible. Try it.

PhilPrime

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Quote from: Shawns on May 05, 2017, 05:39:09 AM

Quote from: Vaskiy on May 05, 2017, 05:32:43 AM

If you can afford buy coins, else just hold your coins that you have in the wallet rather than selling. Price with bitcoin is always an uncertain one, so hold for a little time period. If lucky you'll experience further price increase getting you good profit. If the price falls too don't get panic and help the big investors profit.

Okay I will hold my coins for now on.
On what price would you recommend selling it before it drops? I know no one knows this, but what is your prediction

Actually there is exact range for the price of bitcoin to be dump unless there will be a breaking news that may affect the price of bitcoin but for now since bitcoin is on hot zone. It is not advisable to sell bitcoin nor buy becausw the price varies every hour it is very hard to predict. Just wait for the price to become stable then decide what you will do.

Denker

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Quote from: Amph on May 05, 2017, 05:45:57 AM

Quote from: Shawns on May 05, 2017, 05:39:09 AM

Quote from: Vaskiy on May 05, 2017, 05:32:43 AM

If you can afford buy coins, else just hold your coins that you have in the wallet rather than selling. Price with bitcoin is always an uncertain one, so hold for a little time period. If lucky you'll experience further price increase getting you good profit. If the price falls too don't get panic and help the big investors profit.

Okay I will hold my coins for now on.
On what price would you recommend selling it before it drops? I know no one knows this, but what is your prediction

don't dump now, the price just started to climb, would be stupid to do it now, probably we are heading to $2k or near that, maybe dumping at $1800 would be a good bet but these things are really unpredictable

one thing is clear to me bitcoin isn't returning back like in the good old day with high unstable pump and dump, this si a legitimate rise that will put bitcoin in the adoption era

the best strategy would be to just buy as many as possible ignoring all the price correction, and wait for the $10k in the upcoming years or probably just after the block debate is done...

I agree.People should try to hold as much as they can! Bitcoin and cryptos in general seem to see a new wave of adoption, which of course will also see some price correction at one point. But with the coming years the price will continue increasing.
4 days ago it was published that just alone in Japan, 18 new exchanges plan to open their business and more than 200k new merchants will accept Bitcoin as payment method!
I'm sure other countries will follow soon. South Korea is looking promising as well at the moment.
Therefore hold your coins and only try to sell what you have to.

Amph

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Quote from: Shawns on May 05, 2017, 05:39:09 AM

Quote from: Vaskiy on May 05, 2017, 05:32:43 AM

If you can afford buy coins, else just hold your coins that you have in the wallet rather than selling. Price with bitcoin is always an uncertain one, so hold for a little time period. If lucky you'll experience further price increase getting you good profit. If the price falls too don't get panic and help the big investors profit.

Okay I will hold my coins for now on.
On what price would you recommend selling it before it drops? I know no one knows this, but what is your prediction

don't dump now, the price just started to climb, would be stupid to do it now, probably we are heading to $2k or near that, maybe dumping at $1800 would be a good bet but these things are really unpredictable

one thing is clear to me bitcoin isn't returning back like in the good old day with high unstable pump and dump, this si a legitimate rise that will put bitcoin in the adoption era

the best strategy would be to just buy as many as possible ignoring all the price correction, and wait for the $10k in the upcoming years or probably just after the block debate is done...

Shawns

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Quote from: Vaskiy on May 05, 2017, 05:32:43 AM

If you can afford buy coins, else just hold your coins that you have in the wallet rather than selling. Price with bitcoin is always an uncertain one, so hold for a little time period. If lucky you'll experience further price increase getting you good profit. If the price falls too don't get panic and help the big investors profit.

Okay I will hold my coins for now on.
On what price would you recommend selling it before it drops? I know no one knows this, but what is your prediction

Vaskiy

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If you can afford buy coins, else just hold your coins that you have in the wallet rather than selling. Price with bitcoin is always an uncertain one, so hold for a little time period. If lucky you'll experience further price increase getting you good profit. If the price falls too don't get panic and help the big investors profit.

electronicash

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Quote from: Shawns on May 05, 2017, 05:18:53 AM

Quote from: talkbitcoin on May 05, 2017, 04:54:48 AM

here it the thing you need to have in mind:
- if you are trading bitcoin then yeah now is kind of a good time to start thinking about when to sell so that you can take the profit and buy back after the dip. but for that you need to first predict the dip and predict the high price to sell at not just sell and hope for the best!

- if you are not a trader and have invested in bitcoin for the long haul. then asking about selling is silly, you should always buy more each time you have money that you don't need.

- and if you are using bitcoin as a currency then all of these are moot. just enjoy the decentralized payment system and the privacy and security it offers you!

Quote from: Shawns on May 05, 2017, 04:02:44 AM

Alright thanks for your advice. I think once it reaches $2000 im going to sell it.

why? do you really think bitcoin is only worth $2000?!

Im new in trading, but I thought I would sell my coins at $2000,- and when it drops to $1000,- or so Im buying way more than I did before.

its always going to go up though. if you can hold it, hold it. but learn how to trade and you might likely use it to earn more.
traders here use to only have few btc but trading made them earn more of it. don't miss a chance, if you can have move by doing so, then do it. you are not going to die without it.

Shawns

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Quote from: talkbitcoin on May 05, 2017, 04:54:48 AM

here it the thing you need to have in mind:
- if you are trading bitcoin then yeah now is kind of a good time to start thinking about when to sell so that you can take the profit and buy back after the dip. but for that you need to first predict the dip and predict the high price to sell at not just sell and hope for the best!

- if you are not a trader and have invested in bitcoin for the long haul. then asking about selling is silly, you should always buy more each time you have money that you don't need.

- and if you are using bitcoin as a currency then all of these are moot. just enjoy the decentralized payment system and the privacy and security it offers you!

Quote from: Shawns on May 05, 2017, 04:02:44 AM

Alright thanks for your advice. I think once it reaches $2000 im going to sell it.

why? do you really think bitcoin is only worth $2000?!

Im new in trading, but I thought I would sell my coins at $2000,- and when it drops to $1000,- or so Im buying way more than I did before.

talkbitcoin

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All I know is that I know nothing.

here it the thing you need to have in mind:
- if you are trading bitcoin then yeah now is kind of a good time to start thinking about when to sell so that you can take the profit and buy back after the dip. but for that you need to first predict the dip and predict the high price to sell at not just sell and hope for the best!

- if you are not a trader and have invested in bitcoin for the long haul. then asking about selling is silly, you should always buy more each time you have money that you don't need.

- and if you are using bitcoin as a currency then all of these are moot. just enjoy the decentralized payment system and the privacy and security it offers you!

Quote from: Shawns on May 05, 2017, 04:02:44 AM

Alright thanks for your advice. I think once it reaches $2000 im going to sell it.

why? do you really think bitcoin is only worth $2000?!

klaaas

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Always buy more, if you are not sure now split it up to more timepoints in the future. Could be daily or twice a day.
maybe you buy them at a better price when the exchange rate falls and when it rise your previously bought btc will make it some what up.

Shawns

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Quote from: ralle14 on May 05, 2017, 03:56:07 AM

Here's my advice, if you really need the money then sell your btc if not then just hold it. I felt bad for selling mine last year at $700 I thought bitcoin won't go past $1000. If this keeps up I feel like we might see the price reach $2000 soon.

Alright thanks for your advice. I think once it reaches $2000 im going to sell it.

Topic: Should I sell my BTC or buy more? - page 4. (Read 3630 times)