Topic: Time to sell? Or to buy? (Read 23936 times)

For me also, I do buy most of the time and because the price is really good right now as it is cheap. Opportunity does not come all the time so we need to grab some opportunity and hope we can make profit in the short run.

i do that all the time, in my opinion it is not the great time to sell, buying is the only thing people should be doing right now

yes short time investment is really a risky investment, in short time investment we actually cannot predict that how much the price cam drop so that to start buying there and then we cannot decide when to sell the as we have no clear idea that when will the price stop increasing any more, therefore to me the best investment is the long term investment.

Remove all doubts. If you are just thinking that the amount you will use in buying bitcoin is the amount you afford to lose, you will just accept the fact that you will really lose.

Think bitcoin investment as a serious one even the amount you will use can considered as afford to lose.

good advice but, i would not waste my money just because i can, i would invest wisely even if i can be allowed to invest without worrying about the risk, bitcoin is a nice bet now but there are also some good altcoin that are good to invest in it

First of all, never ever invest/spend your money, if you can't afford to lose some or whole amount.
But if you have spare money go ahead and buy some BTC and forget about them.

Dont invest what you cant leave to rest.  Anyone putting in money they need immediately (in terms of money this means this year) may get upset as bitcoin has kinks to iron out still in volatility and its regular trade.    Problem is when people hold bitcoin but need that money back to pay bills, I totally agree it should be spare money or you might end up buying high and selling low which will never be a benefit for you.

We dont have to speculate at all really, a regular buyer of bitcoin who also uses his wallet to pay bills or just buy pizza should also see a gradual rise in his bitcoin worth.   Sometimes he wont be getting a good price but this averaging of trades is a generally sound principle that if you are attached or part of a system gradually gaining ground and that benefits its users with utility; then these people see an average gain.

If we are all wrong and bitcoin was just a phantom event then I dont see how anyone but a professional trader could avoid losses.   Thats not my view, I think bitcoin will benefit many people especially normal or poor people, if this is true the the worth of bitcoin monetary base should keep rising and any of us who regularly participate will see a gain from our use of bitcoin wallets.    I do think dollars or national currency still are required to pay taxes so never over do it and just spare money is a good idea

trading with pyramid technique is pretty good. I also always put backup any further price drops. I usually prefer to take short-term use of this method in altcoin, because if in bitcoin  the price is very stable so difficult.

As a hodler and believer I would say buy whenever you have some spare money left.
Each bit counts!!! In a few years you will see that.

The ones who are in for short to mid term profits need to analyze the charts and then decide what they want do.
Even a trader who may hold for 6-12 months I think buying is still a good decision as I expect some upwards movements and really bullish news and development until the end of this year.

we can use 3 buy wall and 3 sell wall to force our profit, example : we have $1000 we can buying bitcoin at current price with $100 sell it after hit 10%, if the price fail before we can sell it we can buy back $300 at stats -10% of last price , if the price fail again we can buy back $600 at stats -30% if price back to 1st purchasing we can get double profit

That's correct but its really hard to predict which is the bottom line or sky line in short term as price keeps on moving up and down so sometimes our decision may go wrong.

it's depending about what your focus? what your plan ?
if you want to go long term at bitcoin, everyday is good day to buying it, and you must never thinking to sell it.
but for short term investor better to buy at bottom line and sell it in middle or sky line.

Yes its better to save instead of spending it at a moment, as price will surely rise in future which will make  your savings more valuable giving you additional benefits.

Hey that's great, some of my friends went to work on site in US, california.  They are also doing the same they just buying the bitcoins as much they can with their allowances.
I would also do the same but using that bitcoins for the daily expenses hopefully I will try to save it.

Yes its always good to put a part of salary in bitcoins on regular basis to get best benefits in future and even current price is good to buy some coins.

Practice that have been done by a lot. Spares in my monthly salary have been here and I am just waiting for the price increase. My profit from this campaign is for allowances. 

I think it is a good practice to buy some bitcoin whenever we have spare money and there is price drop.

Thats true MtGOX inflated the price and it was even obvious at the time because no other exchange held the same price and it was hard to get money out of there.   Later we found they were using fractional reserves so leveraged like a normal bank and contrary to the bitcoin system.  Since there are no bailouts or community funding for corrupt practise, it failed.   Maybe  if they had just been honest and asked their users to support them and make up the difference with fees then who knows but I think too much was missing.

Its hopefully true now that if price does recover, its more solid long term and not relying on those early unstable factors.    It totally should be possible to get back to $1,000 despite more coins in the total monetary base for bitcoin, the population of users should be higher now I'd hope.   Im not sure if we have many indicators to show this or not ?

people just take for granted that history will repeat itself. but as you also said, it's not an indicator at all. previous years were times where there was far less money being pumped into bitcoin, but because the number of circulating coins was much lower back then, there was less money needed to get the price to reach a certain price level. another important thing is that we don't have another mtgox to mess with the market and cause the price to reach a new ath.

if u wanna be success here. one advice for u. dont care much on other's guess. just do what u want. if u care much u wil down more and make wrong desicion. If you think price will further go up, then buy more and if you feel price will go down, just sell.