I'm definitely not an expert here, but I don't see why BTC will go down right now. It's a volatile market, and the price will continue to go up and down as it usually does, but the trend continues to look good for the long run, so the price should continue to rise. Selling 70% isn't just to much? Also, right now users seem to only be dumping BCC, and I don't know how many users will get more BCC after Poloniex credits them, but the dump will probably continue. And yes, probably a pump after that, but I'm not sure it will affect BTC to much.
Right now, since the long run trend seems to be for the BTC price to go up, I will just keep investing from time to time, and then holding.
Topic: Should you HODL btc beyond 3500$ ? - page 2. (Read 799 times)
if i was you i will check my own capability (Financial support absolutely),
Bitcoin can reach $3500 anytime soon and also can reach sub $3000.
For example if i own 10BTC and Bitcoin reach $3500 i will sell 70% from it into cash and waiting for another discount,
why i am choosing 70% from it,because when the split ended Bitcoin price not showing any sign of downward movement instead it's going upward from day to day,but you must remember that BCC/BCH still exist and somepople who's holding a huge amount of BCC/BCH not dump it yet,so in other word mean we will see another BCC/BCH pump and another decline for BTC (should be).
and this is why i said to you that you need Financial Backup,if everything goes wrong you need to buy it even if the price keep climbing to the top.
BTC up,BCC/BCH down and vice versa < this is your financial backup role,finding the opportunity to buy and sell
Bitcoin can reach $3500 anytime soon and also can reach sub $3000.
For example if i own 10BTC and Bitcoin reach $3500 i will sell 70% from it into cash and waiting for another discount,
why i am choosing 70% from it,because when the split ended Bitcoin price not showing any sign of downward movement instead it's going upward from day to day,but you must remember that BCC/BCH still exist and somepople who's holding a huge amount of BCC/BCH not dump it yet,so in other word mean we will see another BCC/BCH pump and another decline for BTC (should be).
and this is why i said to you that you need Financial Backup,if everything goes wrong you need to buy it even if the price keep climbing to the top.
BTC up,BCC/BCH down and vice versa < this is your financial backup role,finding the opportunity to buy and sell
The question is not easy to explain but has got intutive message. Would you sell your BTC @ 3500$ and wait for btc to come back @ 2800$ and buy again back with some profit?
www.preev.com
What are your Plans and how you will execute them?
www.preev.com
What are your Plans and how you will execute them?
I will just watch on where would thing go for it since there are some flaws that can actually affect the current growth of bitcoins and maybe we could ride with it if the price would go down for now. But by looking on bitcoins for this point I might gonna hold mine for a while and tickle my blockfolio so that it will give me some info on time to time basis for its price.
The question is not easy to explain but has got intutive message. Would you sell your BTC @ 3500$ and wait for btc to come back @ 2800$ and buy again back with some profit?
www.preev.com
What are your Plans and how you will execute them?
www.preev.com
What are your Plans and how you will execute them?
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