Pages:
Author

Topic: Sold my BTC (with profit) , what to do? Rebuy and Hodl? Wait for dip? (Read 741 times)

sr. member
Activity: 440
Merit: 250
#SWGT CERTIK Audited
You should wait until Bitcoin drop again and buy. With Bitcoin, you will earn money certainly.
full member
Activity: 154
Merit: 111
well as the price of bitcoin now is continuously increasing i think you should buy now and hold to have a good profit. If you will wait for the dip of bitcoin price it is just a little and would not go down lower from the price of today so you will just waste your time. You better buy bitcoin now and hold then sell when the price of bitcoin reach the 100% increase of your investment. Have patience and believe.
newbie
Activity: 107
Merit: 0
Should invest in NEO... yesterday came the news about big changes.. but they were not confirmed. Still most FOMO people bought it and are still buying it.. Can't be REAL!
That is a great suggestion. But I think what you are suggesting is off the topic. He is clearly asking for advice regarding his situation and it is about bitcoin not altcoin.

And why you should even consider investing in BTC currently with all the fake forks on horizon? Thats why I suggested hottest altcoin at the moment.

And I wouldn't even suggest you buying BTC back, buy ETH.. and buy ALT with ETH..you can get way better price.

BTC needs corrections to go to new ATH. So if you want back in BTC wait.. but I would rather go into ALTs for now. Point of trading is always getting more BTC, but BTC is to volatile now, and to get better profit, you should take ALTs.

Regards
member
Activity: 179
Merit: 10
Btc is the best. Just hodl
full member
Activity: 266
Merit: 100
Should invest in NEO... yesterday came the news about big changes.. but they were not confirmed. Still most FOMO people bought it and are still buying it.. Can't be REAL!
That is a great suggestion. But I think what you are suggesting is off the topic. He is clearly asking for advice regarding his situation and it is about bitcoin not altcoin.
newbie
Activity: 107
Merit: 0
Should invest in NEO... yesterday came the news about big changes.. but they were not confirmed. Still most FOMO people bought it and are still buying it.. Can't be REAL!
full member
Activity: 1834
Merit: 166
Yesterday I sold my Bitcoins of 1.21 not at the highest thinking it would go down so I could do a rebuy , seeing a downward trend (-$200), but instead when waking up they were higher for about $200.

I initially bought them for $5500. Now I don't know what to do. If i need to rebuy the same amount it wil cost me about 450 dollars more then when I sold them, thus losing profit.

When SegWitx2 got cancelled and Bitcoin Cash skyrocketed I also forgot to sell and Hodl until I lost  all my profit.
This is the problem of most people that when there is a slight decrease on btc price they got panic and sell their btc at that price but the need is to be patient if you want profits in this way or sell at profit and rebuy at dip waiting period is less for gaining profits.But if you hold for long term you will surely get profits 100-200 times if the trend continues for coming years.At last investment decision have to be taken by you with knowledge and not trusting any advice blindly by strangers.Use your trading experience and be good at it.
member
Activity: 336
Merit: 15
I too missed the Bitcoin Cash peak point and now regretting, it's one of a kind opportunity and we missed it. I would buy Bitcoin and hold if I were you.

I sold my BCH super early at around 660$. Had to keep them for nearly 2 months as my average buy price was around 400$.
But still 2 days later and it hit 2400$... It was just last time it dumped so fast and now it looks more stable.

Wish I could buy again some for around 300$ Smiley
full member
Activity: 826
Merit: 111
Yesterday I sold my Bitcoins of 1.21 not at the highest thinking it would go down so I could do a rebuy , seeing a downward trend (-$200), but instead when waking up they were higher for about $200.

I initially bought them for $5500. Now I don't know what to do. If i need to rebuy the same amount it wil cost me about 450 dollars more then when I sold them, thus losing profit.

When SegWitx2 got cancelled and Bitcoin Cash skyrocketed I also forgot to sell and Hodl until I lost  all my profit.
Buy some now with half of what you have.  The price would definitely keep increasing. Instead of spending the entire amount you have and sitting on a luck base,  go ahead with half investment. BCH will have its growth not as a rocket but in a slow mode,  so if you are holding BCH you would surely get profit in future. Be calm as you were with BTC.  All the best.
newbie
Activity: 42
Merit: 0
You will always get the chance for a good entry point during a correction. Patience is the key. Until BTC is doing that, you can play with other currencies.
sr. member
Activity: 616
Merit: 250
One of the best is rebuy and hodl but that's really a long term. but if you wait for a dip you can get really big profits because many will be interested to buy which can cause a very bullish chart that can make tons of tons of money.
legendary
Activity: 3080
Merit: 1353
Yesterday I sold my Bitcoins of 1.21 not at the highest thinking it would go down so I could do a rebuy , seeing a downward trend (-$200), but instead when waking up they were higher for about $200.

I initially bought them for $5500. Now I don't know what to do. If i need to rebuy the same amount it wil cost me about 450 dollars more then when I sold them, thus losing profit.

When SegWitx2 got cancelled and Bitcoin Cash skyrocketed I also forgot to sell and Hodl until I lost  all my profit.

Well if I were you mate, I would just would till their is a price dip. As suggested by others, we are touching ATH and we all know that after such event, a ensuing price correction is next. So have patience and wait till a correction happen, then buy in dips. At least you made your own decision and if gives you experienced now. Sometimes we need to make a mistakes so that next time we will make the right decision. Let this be a hard lesson for you.  Wink
sr. member
Activity: 1274
Merit: 252
Sold with profits you is already doing a great thing, but my advice is to buy back and hold as long as possible and sell when it's needed, but if you think the current price is still high and have the potential to go down, then you can wait for deeper.
copper member
Activity: 490
Merit: 105
★777Coin.com★ Fun BTC Casino!
I think you have sold your BTC at a wrong time. Bitcoin is setting new Highs now and there are chances for a small dip but there are more chances for a more higher price. You made your decision to sell and now its you who should decide whether to buy now or wait for a dip.
If there are certain events which make a dip in Bitcoin's price then it will be a good opportunity for you but unless there is no dip the price will be going higher and higher. $450 now could become $600 tomorrow. Make your decision. Consider one thing that even if you buy and there is a dip after that, then the price would recover and hence there are less/no chances for a loss.
Ctn
sr. member
Activity: 644
Merit: 259

Its good decision I believe because you bought at 5.5K and sold very much higher. You  have the good money with you now so what you can do is wait for the bitcoin dip. If you buy at this point and think that it will go even higher then it could be big mistake if the outcome is not the good one. I mean at this point there only two things that can happen, the first bitcoin goes up and the second bitcoin crashes a lot. So this is again gambling situation what to do. I would suggest that you should take 50-50% risk here by investing 50% of the amount at this point and watch the bitcoin grow. If the bitcoin falls then cover the loss with another 50% slot and then hope that bitcoin will go higher than both the entry points that you had. This way you can grab 150% of profits in no time. Just make the calculation right and you will see this will work.


full member
Activity: 742
Merit: 144
Yesterday I sold my Bitcoins of 1.21 not at the highest thinking it would go down so I could do a rebuy , seeing a downward trend (-$200), but instead when waking up they were higher for about $200.

I initially bought them for $5500. Now I don't know what to do. If i need to rebuy the same amount it wil cost me about 450 dollars more then when I sold them, thus losing profit.

When SegWitx2 got cancelled and Bitcoin Cash skyrocketed I also forgot to sell and Hodl until I lost  all my profit.

You should hold your bitcoin base on your needs, I can’t say you made a wrong decesion because at least you make profit. You can’t buy bitcoin again at around $5500 because the price of bitcoin will continue to go higher even corrections happen.
full member
Activity: 196
Merit: 103
It is much better to sell all of your bitcoins now then buy at the next dip.

You can also switch to alt coins while waiting for the next btc sky high.

Always distribute all of your investment just dont put all of your eggs in one basket.
hero member
Activity: 630
Merit: 500
Yesterday I sold my Bitcoins of 1.21 not at the highest thinking it would go down so I could do a rebuy , seeing a downward trend (-$200), but instead when waking up they were higher for about $200.

I initially bought them for $5500. Now I don't know what to do. If i need to rebuy the same amount it wil cost me about 450 dollars more then when I sold them, thus losing profit.

When SegWitx2 got cancelled and Bitcoin Cash skyrocketed I also forgot to sell and Hodl until I lost  all my profit.
As always the best thing we can do with bitcoin is to hold. If you want to buy some bitcoin just hold and wait for the dip then if you want to sell just hold and wait for the high price. Everything is just about holding in bitcoin you must be ready about the pattern of bitcoin the Ups and downs.
Well make a firm decision and take the risks in investing becaus bitcoin market is very volatile. It can suddenly dump little and continues to rise. You may wait for the dips for a few days or buy because I feel bitcoin will continue to high.

Good decision making is really needed since the volatily of bitcoins s quitely crazy right now and If people could wait for another dip then they must do it since bitcoin for these past days are touching down for 8k$ and then the dump comes, And if we could spot or buy then maybe we can earn with another pump that will came on bitcoins on next following days. And I think the Segwit is officially continues since coinbase had email me about it.
hero member
Activity: 952
Merit: 500
Yesterday I sold my Bitcoins of 1.21 not at the highest thinking it would go down so I could do a rebuy , seeing a downward trend (-$200), but instead when waking up they were higher for about $200.

I initially bought them for $5500. Now I don't know what to do. If i need to rebuy the same amount it wil cost me about 450 dollars more then when I sold them, thus losing profit.

When SegWitx2 got cancelled and Bitcoin Cash skyrocketed I also forgot to sell and Hodl until I lost  all my profit.
There seems to be no chance for a price dip now.So,better you buy it now and the loss you face of $450 will get compensated once bitcoin price soon reaches ATH.Just bare this loss and buy bitcoin and instead,if you calculate this loss of $200 and stop buying bitcoins,then you would have to regret for your decision as bitcoin price would soon move in the upward trend.
full member
Activity: 1489
Merit: 150
Yesterday I sold my Bitcoins of 1.21 not at the highest thinking it would go down so I could do a rebuy , seeing a downward trend (-$200), but instead when waking up they were higher for about $200.

I initially bought them for $5500. Now I don't know what to do. If i need to rebuy the same amount it wil cost me about 450 dollars more then when I sold them, thus losing profit.

When SegWitx2 got cancelled and Bitcoin Cash skyrocketed I also forgot to sell and Hodl until I lost  all my profit.
As always the best thing we can do with bitcoin is to hold. If you want to buy some bitcoin just hold and wait for the dip then if you want to sell just hold and wait for the high price. Everything is just about holding in bitcoin you must be ready about the pattern of bitcoin the Ups and downs.
HF cancellation caused traders to move their assets to BCH, just look at them to pump very crazy. They make an opinion that BCH will kiss BTC and become the toughest rival on the exchange. At that time BTC fell, if we examine that's when we buy BTC and now we have enjoyed the results and soon forget the BCH.
Pages:
Jump to: