I just do nothing and just wait for the price to keep on shooting higher, I usually don't sell bitcoin if there's no need to do it so.
Because I'm treating my coins as precious investment and will hold until it fly to the moon, so that's what I've been doing.
And I'll just sell if there's a need and there's an emergency.
Topic: What do you do when BTC shoots up? (Read 17055 times)
Nothing, I just let it be and do a little celebration since I know that there is a bigger opportunity and a larger profit waiting at the end of the spectrum. Sometimes, I offload some of my coins just to have some profit claiming especially when I bought coins from $500-700 ranges. Not a greedy bastard but reall, good things comes to those who wait.
This is the right approach, we cannot sell everything or you will be left out of the game, but you cannot avoid selling since you risk the price could get lower again and you only materialize your profits when you sell your bitcoin.
If I feel that this is the top most point of Bitcoin raise and will drop after this, then I sell 50% of Bitcoins what I have and will be waiting for the dump. When it gets too low then will buy the same amount of Bitcoin again and hold it for the next shoot up... 
Yeah, glad to see my prediction is come true, And sorry for those people just keep your bitcoin. I was predicting it since long time ago, and i have sold all of my bitcoin $1270.... glad to see i can buy back more bitcoin in the future. 
If I feel that this is the top most point of Bitcoin raise and will drop after this, then I sell 50% of Bitcoins what I have and will be waiting for the dump. When it gets too low then will buy the same amount of Bitcoin again and hold it for the next shoot up...
I will sell them all it is pointless to sell 50% and use it to buy cheaper Bitcoin, why not sell 100% and make it to buy x2 of the amount you can get from selling 50%. Unless we are hesitant and think that probably bitcoin price will rise even more. And if ever, the we can wait till the next price increase of BTC then sell at 100%. Exit or profit that is my stand when selling
If I feel that this is the top most point of Bitcoin raise and will drop after this, then I sell 50% of Bitcoins what I have and will be waiting for the dump. When it gets too low then will buy the same amount of Bitcoin again and hold it for the next shoot up...
Nothing, I just let it be and do a little celebration since I know that there is a bigger opportunity and a larger profit waiting at the end of the spectrum. Sometimes, I offload some of my coins just to have some profit claiming especially when I bought coins from $500-700 ranges. Not a greedy bastard but reall, good things comes to those who wait.
This is the right approach, we cannot sell everything or you will be left out of the game, but you cannot avoid selling since you risk the price could get lower again and you only materialize your profits when you sell your bitcoin.
If you have a strong feeling bitcoin is going to go down then the right call is to sell and then wait for the price to bottom out and buy again at this cheaper price, this is a very simple strategy but very profitable if applied correctly.
imo this is a risky move...you just might end up losing all your stashed bitcoins and remain with nothing. Best option would be to wait for market prices to correct and sell with confidence.Hi,
I'd like to know what do you think is a good strategy when BTC price shoots up and you feel it's going to come down again.
- hold on to your Bitcoin?
- Sell it for USD hoping to buy it again cheaper?
- Sell it for other crypto (in this case which would you choose)?
I'd like to know what do you think is a good strategy when BTC price shoots up and you feel it's going to come down again.
- hold on to your Bitcoin?
- Sell it for USD hoping to buy it again cheaper?
- Sell it for other crypto (in this case which would you choose)?
well depending on external influences such as btc etf maybe hodling will be the right thing to do as speculations of an approval are eminent. In a case of prices falling sell and buy cheaper btc.
I try to act according to the situation. When the increase is a result of organic growth, I try to hold it as long as possible. But in the case of a quick pump, I sell part of my holdings.
Yeah, when the price shoots up the best thing to do is to wait and see where it goes, I see a lot of people making the mistake of selling it and then crying over that they lost and missed their chance to make profit, this is all because they lack patience and patience is all what this market needs.Nothing, I just let it be and do a little celebration since I know that there is a bigger opportunity and a larger profit waiting at the end of the spectrum. Sometimes, I offload some of my coins just to have some profit claiming especially when I bought coins from $500-700 ranges. Not a greedy bastard but reall, good things comes to those who wait.
This is the right approach, we cannot sell everything or you will be left out of the game, but you cannot avoid selling since you risk the price could get lower again and you only materialize your profits when you sell your bitcoin. 
I try to act according to the situation. When the increase is a result of organic growth, I try to hold it as long as possible. But in the case of a quick pump, I sell part of my holdings.
Yeah, when the price shoots up the best thing to do is to wait and see where it goes, I see a lot of people making the mistake of selling it and then crying over that they lost and missed their chance to make profit, this is all because they lack patience and patience is all what this market needs. Why speculate the ups and downs? Why not hold on to it and count on the long term growth?
This is a trading discussion section and it is normal to speculate the ups and downs of the coin because most of the users here are traders and i'm sure that a trader need speculation because that is how they make profit in every trading that they do. If you are more on investing then long term is the best for you because you don't know how trading works.
Why speculate the ups and downs? Why not hold on to it and count on the long term growth?
If you have a strong feeling bitcoin is going to go down then the right call is to sell and then wait for the price to bottom out and buy again at this cheaper price, this is a very simple strategy but very profitable if applied correctly.
I try to act according to the situation. When the increase is a result of organic growth, I try to hold it as long as possible. But in the case of a quick pump, I sell part of my holdings.
I guess those people sell his bitcoin on the rate $1290 and they were doing it's with a best decision in this time, the red candle of bitcoin and i guess more pump again before 11 march just try to sell a part of your amount. 
What i do when the price shoots up i think is also done by other people. I convert some bitcoin to cover up some of my bills and buy something nice. I do want something from what I am working with. Though still trying my best to save for another price rises..
i have no idea about the other people but to me i myself still doing nothing with bitcoin i am just hold it for the price increase and hope that very soon it will become ski rocky and and hope that it will give us a good income in next few moths.
I prefer to sell some Bitcoins when the price rises sharply. Then I'll wait for a drop of a few percent to buy back in. I mostly trade for USD because for me it seems to hold value better than altcoins.
I also have some Bitcoins that I just hold as a long term investment.
I also have some Bitcoins that I just hold as a long term investment.
Hi,
I'd like to know what do you think is a good strategy when BTC price shoots up and you feel it's going to come down again.
- hold on to your Bitcoin?
- Sell it for USD hoping to buy it again cheaper?
- Sell it for other crypto (in this case which would you choose)?
I'd like to know what do you think is a good strategy when BTC price shoots up and you feel it's going to come down again.
- hold on to your Bitcoin?
- Sell it for USD hoping to buy it again cheaper?
- Sell it for other crypto (in this case which would you choose)?
Well i always have few bitcoins that i keep not matter what, even if price would rise to 2000$ - i would still keep them. There is no point to sell/trade all bitcoins in case something wonderful happens.
And rest of my bitcoins, i usually sell them when i feel that price will not rise more, then i usually wait day when price falls by 10$ and buy them again, since i have few bitcoins i usually get around 30$ a day from this. I would do same even if price would be few thousands.
I try to act according to the situation. When the increase is a result of organic growth, I try to hold it as long as possible. But in the case of a quick pump, I sell part of my holdings.
Nowadays I am seeing that the price of bitcoin will increasing to more than $1000 and the decrease down everyone sometimes worry about the situation but I do not worry and do not sell my coins because I know that this situation will continue for some weeks or maybe be a month or two and after that the price of bitcoin will start to increase with highest speed and will reach to nearly $2000.
I am just waiting for that moment and don’t exactly know how much it rise up but I hope it will geos to upto $2000 dollar and I think it is the right time for me to sell. I now invest my fait money into it and keep it save in my desktop wallet and hoping for the time to rise it price. Hi,
I'd like to know what do you think is a good strategy when BTC price shoots up and you feel it's going to come down again.
- hold on to your Bitcoin?
- Sell it for USD hoping to buy it again cheaper?
- Sell it for other crypto (in this case which would you choose)?
I'd like to know what do you think is a good strategy when BTC price shoots up and you feel it's going to come down again.
- hold on to your Bitcoin?
- Sell it for USD hoping to buy it again cheaper?
- Sell it for other crypto (in this case which would you choose)?
The price of BTC will not dump again according to the source given to me by my mentor. So hold on to your Bitcoin, by the end of 2017 the price of 1BTC is $3,000 dollar.
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