Topic: Still great time to sell litecoin and bitcoin. - page 3. (Read 30999 times)
I would not sell now, after the today's drop I'm expecting a short term bounce.
trend is up. trend is your friend. never trade against the trend.
Exactly! Speaking of which, where do you see the trend is up? Mid-term trend has been going sideways, long-term trend is still down or at least bottoming, uptrend hasn't started yet (breakout above $700 would signal the start of uptrend).
Oh, I got it, you must be talking about noise price fluctuations, lasting days and or weeks at the longest. I see now, you're a day-trader.
I would disagree that this is a "good" time to sell bitcoin. The price has recently declined so the price is low. Bitcoin does have a lot of long term potential and will likely end up at much higher levels then it is now.
LTC on the other hand, not so much
When I said I don't find the trend is up anywhere in sight, I mean the trend started from when the price of Bitcoin reached its all time high back in December 2013, that's the only trend I look at and it looks downwards or sideways at best. This is a mid-term trend I check for trading decisions or we can call it long-term trend if months is long-term.
The longest Long-term trend measured in years from January 2009 is still up I believe.
Any other short-term price movements lasting weeks - I am not interested in those, because they are not trends.
trend is up. trend is your friend. never trade against the trend.
Exactly! Speaking of which, where do you see the trend is up? Mid-term trend has been going sideways, long-term trend is still down or at least bottoming, uptrend hasn't started yet (breakout above $700 would signal the start of uptrend).
Oh, I got it, you must be talking about noise price fluctuations, lasting days and or weeks at the longest. I see now, you're a day-trader.
I would disagree that this is a "good" time to sell bitcoin. The price has recently declined so the price is low. Bitcoin does have a lot of long term potential and will likely end up at much higher levels then it is now.
LTC on the other hand, not so much
Litecoin will probably go away slowly.
Based on the market cap, NXT coin is likely to get to 2nd spot to replace litecoin.
Based on the market cap, NXT coin is likely to get to 2nd spot to replace litecoin.
i don't think it will lower much, it will stay around 400
trend is up. trend is your friend. never trade against the trend.
ahhh i got it!
i don't think it will lower much, it will stay around 400
trend is up. trend is your friend. never trade against the trend.
technical trend is fifty fifty right. if you use it right you will get your 51% up to 53%, which gives you constant gain with the right money management, so you get rich.
so this thread might be up to 47% bs. good luck!
which trend?
Still a great time to BUY bitcoins, the title is wrong 
trend is up. trend is your friend. never trade against the trend.
Exactly! Speaking of which, where do you see the trend is up? Mid-term trend has been going sideways, long-term trend is still down or at least bottoming, uptrend hasn't started yet (breakout above $700 would signal the start of uptrend).
Oh, I got it, you must be talking about noise price fluctuations, lasting days and or weeks at the longest. I see now, you're a day-trader.
i don't think it will lower much, it will stay around 400
trend is up. trend is your friend. never trade against the trend.
technical trend is fifty fifty right. if you use it right you will get your 51% up to 53%, which gives you constant gain with the right money management, so you get rich.
so this thread might be up to 47% bs. good luck!
i don't think it will lower much, it will stay around 400
$400-450 is possible, $220 probably not, if only in a short-lived spike on one exchange like the one that happened in March on btc-e.
Pretty bold move to suggest people sell their coins now. Why not suggest they buy on the dip if you suspect there will be lower prices. I don't think people should take this advice, personally is just seems rather rash. Feels almost like the fud bears spew a lot around here but at least you take the time to explain yourself.
I personally think we are in the middle of a bear trap though it could be heading south I don't think it is a good reason to suggest selling coins. People shouldn't attempt to start trading and should hold is the best choice in my experience.
I personally think we are in the middle of a bear trap though it could be heading south I don't think it is a good reason to suggest selling coins. People shouldn't attempt to start trading and should hold is the best choice in my experience.
Good post, unlucky I cannot add anything else but, corse I WOULD suggest to buy if saw a good price wich I dont see now. In some way I'm bearish trader (in current market?) therfore im sure more in bearish trends than bullish. Indeed bold move and therefore I wouldn't' be posting my forecast if woulnd't be pretty sure in it.
Thanks for clarifying and I do appreciate your willingness to have a discussion, I really respect that. I'm more just thinking of people who may take your words as gospel instead of using an open mind needed to hear as many different views as possible before making any decisions. You bring up some interesting points that I for one will take into consideration.
I don't think bitcoin will reach a bottom of 220$, with all the good news of these months and the adoption of big companies
it should be closer to the start of a new rally rather than dropping at low values.
it should be closer to the start of a new rally rather than dropping at low values.
I agree
All these prediction are based on trends and not on any of the news for bitcoin
I believe it will rise
Pretty bold move to suggest people sell their coins now. Why not suggest they buy on the dip if you suspect there will be lower prices. I don't think people should take this advice, personally is just seems rather rash. Feels almost like the fud bears spew a lot around here but at least you take the time to explain yourself.
I personally think we are in the middle of a bear trap though it could be heading south I don't think it is a good reason to suggest selling coins. People shouldn't attempt to start trading and should hold is the best choice in my experience.
I personally think we are in the middle of a bear trap though it could be heading south I don't think it is a good reason to suggest selling coins. People shouldn't attempt to start trading and should hold is the best choice in my experience.
Good post, unlucky I cannot add anything else but, corse I WOULD suggest to buy if saw a good price wich I dont see now. In some way I'm bearish trader (in current market?) therfore im sure more in bearish trends than bullish. Indeed bold move and therefore I wouldn't' be posting my forecast if woulnd't be pretty sure in it.
The Bitcoin price has begun to descend. I believe that the Bitcoin price will continue down in the weeks to come...
it could be a great time to cash in your Bitcoins now and await for the suspected price decline, and then buy back in when the price has stabilized, thats my opinion
it could be a great time to cash in your Bitcoins now and await for the suspected price decline, and then buy back in when the price has stabilized, thats my opinion
Pretty bold move to suggest people sell their coins now. Why not suggest they buy on the dip if you suspect there will be lower prices. I don't think people should take this advice, personally is just seems rather rash. Feels almost like the fud bears spew a lot around here but at least you take the time to explain yourself.
I personally think we are in the middle of a bear trap though it could be heading south I don't think it is a good reason to suggest selling coins. People shouldn't attempt to start trading and should hold is the best choice in my experience.
I personally think we are in the middle of a bear trap though it could be heading south I don't think it is a good reason to suggest selling coins. People shouldn't attempt to start trading and should hold is the best choice in my experience.
any questions?
The price nudges slightly lower and the panic merchants are out in force.
cost to mine 1 bitcoin is $600
even before checking if this is true, i would say that just means that hash rate will fall. so?So network will be more vulnerable and confirmations will take longer?
cost to mine 1 bitcoin is $600
even before checking if this is true, i would say that just means that hash rate will fall. so?So network will be more vulnerable and confirmations will take longer?
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