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Topic: So BitCoin is at $520 right now... Sell or Keep for a few more days? - page 3. (Read 3148 times)

sr. member
Activity: 336
Merit: 250
Bravity is beautiful.
I said it briefly at $532/BTC today. It just dropped down to $520. if you had a large investment (~50 Bitcoins), so that makes a big difference in a few thousand dollars...

Should i keep it for a little longer and hope it jumps again?
Or sell now as it seems to have already peaked?

Let's hope you haven't sold.

it was 523$ when you wrote your message.
Now it is 583$.

60$/BTC if you have 50 BTC as you said it is 3 000$ of extra worth  Grin
Yes the value of Bitcoin is now rising slowly so that is really nice for people who already have Bitcoin but it will be hard to know what is going to happen with Bitcoin itself.
But the chance is low that the value can be higher so that is bad, but holding now will be the best thing that you can do.
hero member
Activity: 1372
Merit: 564
You better hold it until halving event ends.And domt be nervous if the same thing will happen like the previoud halving that bitcoins price drops to $200 2 days i think before that halvong back from 2012.You must take risk like me on this years halving im holding btc too.And one thing,dont sell bitcoins convert them to fiat in your country
hero member
Activity: 593
Merit: 505
Wherever I may roam
Don't just "sell". Use your bitcoin without converting them to fiat.
Pab
legendary
Activity: 1862
Merit: 1012
Just look the market now we have constant price grow 590$ magic 600 coming,it has to goes to 650$ than lets see
full member
Activity: 146
Merit: 100
You guys are all completely retarded.

Just buy and HODL, do not even think of trying to time the market. None of us have ANY IDEA what the price will do over the next few months, stop trying to predict it and profit from it, you will just end up getting burnt. HODLers are GUARANTEED profit if bitcoin goes up long term, traders are not.
legendary
Activity: 2114
Merit: 1693
C.D.P.E.M
I said it briefly at $532/BTC today. It just dropped down to $520. if you had a large investment (~50 Bitcoins), so that makes a big difference in a few thousand dollars...

Should i keep it for a little longer and hope it jumps again?
Or sell now as it seems to have already peaked?

Let's hope you haven't sold.

it was 523$ when you wrote your message.
Now it is 583$.

60$/BTC if you have 50 BTC as you said it is 3 000$ of extra worth  Grin
sr. member
Activity: 336
Merit: 250
I said it briefly at $532/BTC today. It just dropped down to $520. if you had a large investment (~50 Bitcoins), so that makes a big difference in a few thousand dollars...

Should i keep it for a little longer and hope it jumps again?
Or sell now as it seems to have already peaked?
I would keep them for just a couple more days lets see if the price could actually reach $600 if that happens then you could sell. Do not wait to long before the price starts going to down again.
legendary
Activity: 1708
Merit: 1006
Depend's on one's goal if it's long term or short term. I bought some Bitcoins April 24 2016 when the price was $454 USD today May 30 its $525 USD that's a $71 difference already and if your goal is when it reaches $500 USD then you are already at profit. It's not a good idea to play with Bitcoins without setting a goal or else you might end up loosing instead of gaining.
legendary
Activity: 3178
Merit: 1054
It's better to hold. The price keeps volatile as the halving getting closer.
I'm sure the price will rise even more when the halving comes.

The rise is just a bubble. The price will drop very fast. One should not be greedy hoping for more rise. The price will probably drop to around $470 - $440 within the following 2 days. The current price is a great opportunity to make some profit. But don't sell all your bitcoins. Sell some today and buy cheap later, you will make profit either ways. Don't be greedy and wait longer. $ 500 doesn't happen a lot.

its very likely that will happen. you'll regret not dumping as you lose more than $50 for each btc you didn't dump. what you should so so you won't be losing it is but altcoin such as Monero or maybe ETH and then buy back your btc once it goes $470.
hero member
Activity: 714
Merit: 500
If I were holding a lot, I'd really consider selling a few at this current prices. That's is already a huge increase in just a matter of days. But as I only have a few fractions, I can only hold and buy more if another opportunity presents itself. I'm thinking that this bubble is going to burst somewhere along the way, but I'm not sure when exactly.
sr. member
Activity: 870
Merit: 250
It's better to hold. The price keeps volatile as the halving getting closer.
I'm sure the price will rise even more when the halving comes.

The rise is just a bubble. The price will drop very fast. One should not be greedy hoping for more rise. The price will probably drop to around $470 - $440 within the following 2 days. The current price is a great opportunity to make some profit. But don't sell all your bitcoins. Sell some today and buy cheap later, you will make profit either ways. Don't be greedy and wait longer. $ 500 doesn't happen a lot.
sr. member
Activity: 490
Merit: 250
It's better to hold. The price keeps volatile as the halving getting closer.
I'm sure the price will rise even more when the halving comes.
sr. member
Activity: 420
Merit: 250
Ignore the short term gain... keep it for another year and you will be glad that you did that!

1 year is too long, better for the short term. I think the price of bitcoin increase because the hype of halving and when halving is done i'm scare the price of bitcoin will back to normal.
full member
Activity: 224
Merit: 100
I think you must Keep it first,See the chart of btc, Straith going up, It id better to keep it first.41 Days before the halving.It will pump and pump , after the halving is the goof time to sell your btc
legendary
Activity: 2324
Merit: 1130
legendary
Activity: 3178
Merit: 1054
Don't you think its price will drop soon as this spike is just a temporary. it will soon be back to $450+ when those who pumped it are going to dump again to take profit.
Keep in mind that its no halving yet, there are 40+ days yet before halving. Sell now!  Grin
member
Activity: 98
Merit: 10
Unless you have 10+ btc you shouldn't sell any.

if you have 10+ sell 20% for an immediate profit, and keep the rest.

in my opinion the price will go up. expect a couple of big spikes in the following 4-5 weeks
legendary
Activity: 2184
Merit: 1012
Sell now is a very high risk the price could rise even more.
You can sell some part but not necessarily the entire volume Wink
legendary
Activity: 938
Merit: 1000
Sell now is a very high risk the price could rise even more.
legendary
Activity: 1232
Merit: 1091
I haven't sold anything yet. My selling target will be $600 as I believe with the current bull run it will be a matter of weeks at most to see $600 on Bitfinex and Kraken.
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