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Topic: Sold my Bitcoin today - page 8. (Read 4895 times)

sr. member
Activity: 434
Merit: 250
October 16, 2017, 03:52:48 PM
#78
For me, I will sell bitcoin when I have important needs, and I will try to bite it for the next few years, and bitcoin is my future savings every month I try to save a little money from my income.
full member
Activity: 868
Merit: 100
Buy $BGL before it's too late!
October 16, 2017, 03:22:49 PM
#77
Good strategy. If you have a prediction that bitcoin will come back down. As for me, untill today still hold bitcoin and indeed i haven't felt very need money. And bitcoin is savings for my son's future.
legendary
Activity: 2618
Merit: 1103
October 16, 2017, 03:10:31 PM
#76
No-one ever got poor by taking profits!  Smiley

I think we'll find that bitcoingold was a complete scam, and no exchange lists it, which means lots of disappointed people in a few weeks time. At which point those who were simply holding to get their airdrop will sell.
Wishful thinking. Bittrex and Poloniex will list it for sure, just like they listed Bitcoin Cash.
You are right that selling is not the end of the world. He'll have more than enough time to buy back when he changes his mind but I'd still hold a bit if I were him. BG will be worth some money and to a guy like me it's too much to carelessly throw away by selling now.
legendary
Activity: 1400
Merit: 1009
October 16, 2017, 02:41:05 PM
#75
I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??
Did you sell all your bitcoin holdings or only few %. if you sold 100% then you made a mistake, never sell 100%. i've only sold like 5% of my bitcoins. i will buy it again if price ever moves down to $4k or lower . Roll Eyes
hero member
Activity: 924
Merit: 512
October 16, 2017, 02:34:05 PM
#74
You are right, the price could drop below 5000$ and this might happen soon after the fork. But the truth is also that this dump will not last for long and soon after that the price will start to rise again and could jump way above 5000$ or 6000$.
You didn't do anything wrong by selling your Bitcoins I just hope you have made your calculations wisely and that you have the plan how to get more Bitcoins because you could profit even more.
if it is bumps as you wish even I would be really happy with the bitcoins I have holder in my wallet now. If you have holder in core wallet you get the btg rewards since that is splitting up from the bitcoin.selling out bitcoin now is the foolish move you are doing now because surely value eol increase till fork at least. Still you have a more time.
legendary
Activity: 2912
Merit: 1068
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October 16, 2017, 02:20:28 PM
#73
You are right, the price could drop below 5000$ and this might happen soon after the fork. But the truth is also that this dump will not last for long and soon after that the price will start to rise again and could jump way above 5000$ or 6000$.
You didn't do anything wrong by selling your Bitcoins I just hope you have made your calculations wisely and that you have the plan how to get more Bitcoins because you could profit even more.
sr. member
Activity: 742
Merit: 255
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October 16, 2017, 02:17:18 PM
#72
If need to sold the bitcoin you will know the prices it low or high it important for the sold the bitcoin. sold the bitcoin you save the of 50% it will help full to you for the future purposes. So careful to sold the bitcoin it important for the future growth. prices will be increase it ring time to sold the bitcoin and you get the more profit. It prices change day by day so you will check the prices every day. it help full you.  
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
October 16, 2017, 02:17:06 PM
#71
I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??

There's nothing wrong in profit taking and I should say that you did what you have to do. Someone will say that your decision here is wrong as BTC's price will still rise up to $6k area but keep in mind that you have your own plan and you did the correct thing here. Good job in taking enough courage to take profit. Lookout for the dip, as it will happen, and buy back again. You'll have more profit in the long run by doing that.  Roll Eyes
hero member
Activity: 2156
Merit: 506
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October 16, 2017, 02:08:22 PM
#70
No-one ever got poor by taking profits!  Smiley

I think we'll find that bitcoingold was a complete scam, and no exchange lists it, which means lots of disappointed people in a few weeks time. At which point those who were simply holding to get their airdrop will sell.

Still early to say that bitcoin gold is a complete scam we'll eventually know about this after the hard fork. But as long as there will be a value on it and even 1,000 sats still there will be people who are going to be active trading this coin. I don't want to be disappointed but I'm trying to be ready on what's possible to happen when the fork occurs so if it has good value, that's great but if don't still great.
sr. member
Activity: 518
Merit: 268
October 16, 2017, 01:26:33 PM
#69
And what if it happens again?
I will just hold my Bitcoins, popularity is still increasing, so does the price.
legendary
Activity: 2688
Merit: 1004
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October 16, 2017, 01:23:44 PM
#68
well, selling the bitcoin you have today is not a bad idea, because the current price is so high compared to yesterday's prices. but, there is still a possibility that the price will rise again. well, but if you're sure, then sell the bitcoin you have to taste.
sr. member
Activity: 882
Merit: 282
October 16, 2017, 01:13:59 PM
#67
I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??
The bidding rate is still high and the bullish momentum is still significant. I think selling now with an idea to buying back at cheap prices is not a good trading decisions. If you are trading based on technical analysis you will understand that there is a channel that has be created and a break of the upwards line will push the price as high as  $6,500. Fundamentally there is no reason why the price should drop now, I think price is going to correct around  $5,500 and from there another upwards movement.
hero member
Activity: 2408
Merit: 564
October 16, 2017, 01:08:20 PM
#66
I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??

How many bitcoin of yours did you sold? I felt not sorry and bad for you because you're happy with the price that you sold your bitcoins. And still there will be a lot of massive pump and dump that's about to come and if you do think that there will be a major drop lower than $5,000. I don't think so, these two forks will make the price of bitcoin higher so you have sold your btc's earlier but still there's a chance to have some more pumps.
hero member
Activity: 2604
Merit: 548
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October 16, 2017, 01:05:45 PM
#65
Whoever has invested into bitcoin has benefited, I haven't found any users gone bankrupt just because of investing into bitcoin. Some might have lost big through gambling and the same will be made a big news that bitcoin lead to the entire loss, where the reality gets hidden. So unlike the price selling is good on emergency than on unwanted spending.
sr. member
Activity: 386
Merit: 251
October 16, 2017, 12:46:31 PM
#64
I sold my bitcoin today. I think the price jumped too much too fast. My opinion is that it will drop below 5,000 soon and in that case I will buy back again because i expect bitcoin to increase significantly in the long term.
What do you think??

I hope you are right so I can buy some too, but I think its going to 10k by year end.
full member
Activity: 518
Merit: 145
October 16, 2017, 11:24:17 AM
#63
Better off waiting until you get your gold than sell

I feel this sound to me like a pretty more good plan instead. The chances of profiting from the gold is still there and once that happens, you can just pretty much watch the market movement and make a decision from there, at least with that, you are not loosing anything even if the value comes down a little. With the way it is now, it seems more of a risky one, you miss from the free airdrop, probably the price skyrockets after the fork too. Leaving you with losses.
full member
Activity: 392
Merit: 137
October 16, 2017, 11:18:02 AM
#62
I think that the OP rushed to sell bitcoins today. The price will be higher. Bitcoin gold really may not have real value but the wait to get free coins is to force users to keep up to 25 Oct my bitcoins and so the price will rise. Then it will be period to the bifurcation during which the price may show a jump and then may start falling.
legendary
Activity: 1652
Merit: 1088
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October 16, 2017, 10:54:09 AM
#61
No-one ever got poor by taking profits!  Smiley

I think we'll find that bitcoingold was a complete scam, and no exchange lists it, which means lots of disappointed people in a few weeks time. At which point those who were simply holding to get their airdrop will sell.
full member
Activity: 364
Merit: 123
October 16, 2017, 10:01:11 AM
#60
It's hard to be 100% certain and mostly it depends on your expectations for bitcoin gold, personally I do not think that bitcoin gold will be overly successful so I'm much more willing to accept that selling right now is a good time to sell.
hero member
Activity: 2100
Merit: 813
October 16, 2017, 09:44:05 AM
#59
That is a risky move!

Might work out for you, might not!

Breaking the $5000 price means a lot of bullish pressure as that was a key psychological barrier. I'm not saying it would briefly drop back down under $5000 at some point this Fall, but I certainly wouldn't bet all my bitcoin on it!

Rather than selling, I will simply be buying a lot more bitcoin in the next few weeks. Hopefully bitcoin gold will be worth something and I will sell it for more bitcoin. And when segwit2x happens once it is clear which chain is the minority chain I will sell those coins for even more bitcoin.

There will be lots of volatility this Fall, it could drop below $5000 for a short time and then you've made a great call, but it also might not and instead shoot up to $7000 and you'll end up losing a significant amount of bitcoin you had.
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