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Topic: to sell or buy BTC? - page 2. (Read 1008 times)

hero member
Activity: 1722
Merit: 528
January 23, 2021, 10:26:08 PM
#87
I would really love to save some Bitcoins.

Since the price of Bitcoin is quite unpredictable right now, I think it is best to wait for some time and look at the price chart. Maybe look at the identifiers so you would know what to do in certain situations. If you feel that the price is going low, you should be wary of the price changes and mark a price where you could reinvest.
full member
Activity: 910
Merit: 100
January 23, 2021, 07:23:01 PM
#86
Bitcoin has support at $ 30k, if it is below $ 30k, then be careful, because it is possible to donwtren again up to $ 24k,
this does look very likely because dumps also occur, it's better to place a stop loss at $ 29900, because it will save you,
getting into altcoins will also make it safe because altcoin is so cheap.
full member
Activity: 854
Merit: 108
January 23, 2021, 07:11:00 AM
#85
We all know that it is impossible to accurately predict a rally or price correction in Bitcoin, as several factors influence its rise and fall. Thus, it is required to act quickly after deciding to buy or sell Bitcoin, as the price may not remain near the desired levels for a long time. I suggest that the only time to sell bitcoin is if you've made a profit. It's the number of earnings you want that affects your sell point. Have a target, a goal. Just don't put all your eggs in one basket, as if you can't lose the lot and just leave with just a shrug of your shoulders, you have over-speculated.
legendary
Activity: 2310
Merit: 1422
January 23, 2021, 04:53:05 AM
#84
we are in 2018 again (after the 2017 ath).
 this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.
This time it was different from the 2018 market scenario. During the year 2018 the price fell steep downward gradually once after the market of bitcoin touched its ath. This time the scenario is different, the market keeps undergoing price correction. From every price correction it gains good stability for a forward push than a downward deviation. If it was like the 2018 market now the bitcoin price will be sitting around $20000 - $25000.
Every time is different, yet the trading pattern of 2017-2018 looks pretty similar to what we are witnessing now. I know the scenario has completely changed with institutional money now leading the trades. IMHO a correction after the last ATH was necessary as dumb retail money was jumping onboard and I bet many people smashed their heads quite badly falling from the top.
We will see what happens, we have a long way to go.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
January 23, 2021, 03:09:12 AM
#83
we are in 2018 again (after the 2017 ath).
 this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.
This time it was different from the 2018 market scenario. During the year 2018 the price fell steep downward gradually once after the market of bitcoin touched its ath. This time the scenario is different, the market keeps undergoing price correction. From every price correction it gains good stability for a forward push than a downward deviation. If it was like the 2018 market now the bitcoin price will be sitting around $20000 - $25000.
full member
Activity: 346
Merit: 100
January 23, 2021, 12:53:09 AM
#82
we are in 2018 again (after the 2017 ath).
 this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.

yes now it's time to sell, looks like the price will return to 15000 $. that's just my advice, before losing the price

legendary
Activity: 2352
Merit: 1903
Leading Crypto Sports Betting & Casino Platform
January 22, 2021, 07:23:24 PM
#81
we are in 2018 again (after the 2017 ath).
 this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.

If you understand the moment correctly and now there really will be a repeat of 2018, then this is not as bad as it might seem at first glance. Now there are many opportunities for margin trading, so even on the fall, you can make very good money. With some luck on the fall of the asset, you can earn even more than on the growth.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
January 22, 2021, 04:36:01 PM
#80
Those who have bought when it's $29k, you did it right. There's now profit in your hands as bitcoin tries to reclaim itself back to $34k.
I was able to scoop up a few hundred dollars worth of Bitcoin at price point of 31k and now I am already in the red on this order.
Congratulations on that purchase, you just did it in time.
we are in 2018 again (after the 2017 ath).
 this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.
I agree that long term holders don't have to worry with it. We usually step on corrections like it did.
legendary
Activity: 2310
Merit: 1422
January 22, 2021, 04:59:06 AM
#79
we are in 2018 again (after the 2017 ath).
 this is the most difficult trading window available: if you are here for the long run then don't be worried but if you can't keep up with some franticvolatility, refrain from buying and selling.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
January 22, 2021, 04:22:31 AM
#78
I was able to scoop up a few hundred dollars worth of Bitcoin at price point of 31k and now I am already in the red on this order.

We must hope at this stage that 29k-30k is a good holing point and we wont see much more of a correction south of these numbers.

Bitcoin price point of 20k again doesnt sound very good to me.  And it wont give investors the confidence we all had at 40k.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
January 21, 2021, 09:42:51 PM
#77

I was told 28k is a good area, just zooming all the way out on weekly bars I think slightly lower maybe 25k but its just a wide view guess.    We have reached the 50 day average pretty much and that was my target a while back when speculating on this idea of a triangle and any possible sell off.   Weekly bars is not much detail because we moved so much in little time it probably requires to look at daily but weekly is the ideal to remove noise, so its just going to be harder to see.   Have a look at 30575 and if it can close above there on daily or speculatively 4hr bars then its adjusting positively from there on I would look for.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
January 21, 2021, 07:04:06 PM
#76
Bitcoin fell again below $ 32k, even though it had experienced a bounce above $ 32k but unfortunately it looks like the seller is stronger,
I don't hold Bitcoin but I hold altcoins, and altcoins are severely affected, yes it's sad to see Bitcoin price bearish again.
If you want to buy Bitcoin, my advice is to wait until the $ 30k support actually holds. Don't make the wrong decision, the worry is Bitcoin is a bubble.
Just watching it now @ $30,800. It's not bearish. Just because we see bitcoin corrects, we'll conclude that it's already bearish. Not like that at all and I say that we're still far from being bearish. Normal pull backs do really happen for bitcoin and this is the reason if you're into most altcoins, you should get a hand for bitcoin.
full member
Activity: 1064
Merit: 100
Combo Network
January 21, 2021, 05:53:31 PM
#75
Bitcoin fell again below $ 32k, even though it had experienced a bounce above $ 32k but unfortunately it looks like the seller is stronger,
I don't hold Bitcoin but I hold altcoins, and altcoins are severely affected, yes it's sad to see Bitcoin price bearish again.
If you want to buy Bitcoin, my advice is to wait until the $ 30k support actually holds. Don't make the wrong decision, the worry is Bitcoin is a bubble.
legendary
Activity: 2352
Merit: 1903
Leading Crypto Sports Betting & Casino Platform
January 21, 2021, 05:26:33 PM
#74
It depends on what price when you buy bitcoin? But if you’ve made a lot of profit, you’d better have sold your bitcoin by then. Because now the bitcoin
price has dropped at $36.xxx. but if you want to invest longer to get the highest price it is also very good. Because bitcoin will always have a new price
on each increase. It’s you who decides.

Obviously, if you know that one of the two assets will grow faster than the other, then you need to invest in it. But how many of these assets do you know when paired with bitcoin? Hardly anyone foresaw such a rapid growth of Tesla or some other relatively new companies, in this sense bitcoin is much more easily predictable over long distances.
legendary
Activity: 3178
Merit: 1128
January 21, 2021, 12:11:12 PM
#73
what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?
This depends totally on you. Every people have different set of goals based on their financial aspects. So looking at different peoples opinion won't help you in your case.
If you think the price is high and you have made enough profit then sell it. If you think you can afford to "lose your investment" and willing to make more profit, then either keep holding the coins or invest more to maximize your profit. In the end, the decision is yours depending on your financial aspects.
This! I have said this a million times but nobody seems to understand it, obviously I can't make myself heard by everyone in the world, but people should learn to get out when they have enough.

For example, you should calculate about how much you spend per year, and you should put whatever inflation you think is real on top of that yearly, and calculate how much money you will need if you lived to be 120 years old, it is unlikely that you will be 120 years old but we do this so you have some spare even when you die (or on the off chance you do get to be 120 years old). That would allow you to have a certain number, a number that will be enough for you to live without making another cent, without needing any more income, maybe a savings account?

A low interest one so that money staying in the bank would work for you, but that's it. When you have that much, get out, get out very quickly and never look back. Until then, just keep on grinding.
legendary
Activity: 3122
Merit: 1140
January 20, 2021, 07:56:27 PM
#72
I think we should sell it because the current price is very high, so the price may go down. so don't expect a big profit Smiley
The prices are still going up and although there are some hiccups selling right now is not the best option. That is my take on the question though, it is pretty subjective as we have different lives and our condition of living is almost unique to our country's. For me, holding for the long term is the best course of action.
Holding for the future is what most been targetting but as mentioned that conditions in each everyones lives are different where there are situations where you do need to make profit to sustain
or support your living in a short time manner which means dealing with the market actively is a must for you to have chance neither you do gain or loss in a short span of time that means
your capability of doing trades will really be tested out. Selling or buying then it all goes to a certain investor, if you do go for long term holds then go ahead but if you do go
with active trades then go ahead, it doesnt matter which one as long it would really make you contented and comfortable on what you are doing.
sr. member
Activity: 1638
Merit: 330
★Bitvest.io★ Play Plinko or Invest!
January 20, 2021, 06:50:48 PM
#71
what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?
If you have the capability to read a chart, of course, the best way is to take benefits from the roller coster price, Sell high, buy low, and repeated, of course, your amount of Bitcoin will increase

But if you can't, I think it's time to be a real Investor, that keep holding it until the price is moon, very moon

Keep in your mind that Bitcoin price can be double from now, even triple. If you are patient
member
Activity: 868
Merit: 63
January 20, 2021, 06:04:51 AM
#70
I think we should sell it because the current price is very high, so the price may go down. so don't expect a big profit Smiley
The prices are still going up and although there are some hiccups selling right now is not the best option. That is my take on the question though, it is pretty subjective as we have different lives and our condition of living is almost unique to our country's. For me, holding for the long term is the best course of action.
full member
Activity: 994
Merit: 138
January 20, 2021, 03:55:27 AM
#69
what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?
I chose to sell some bitcoins at the current price and keep the rest in my wallet. Until the market becomes bearish, I will buy it again and keep it for a long time.
copper member
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
January 20, 2021, 03:27:05 AM
#68
what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?
This depends totally on you. Every people have different set of goals based on their financial aspects. So looking at different peoples opinion won't help you in your case.
If you think the price is high and you have made enough profit then sell it. If you think you can afford to "lose your investment" and willing to make more profit, then either keep holding the coins or invest more to maximize your profit. In the end, the decision is yours depending on your financial aspects.
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