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Topic: What do you do when BTC shoots up? - page 10. (Read 17079 times)

full member
Activity: 196
Merit: 100
December 17, 2016, 03:44:40 PM
if bitcoin price shoot up, so i will buy more and more bitcoin in huge amount then i will hold my all bitcoin for the future as long term because i am sure bitcoin will be more increase its price in huge amount and we will be get a high profit with easily from bitcoin.
legendary
Activity: 1792
Merit: 1283
December 16, 2016, 02:39:51 PM
if bitcoin price shoots up i will start to buy bitcoins and then save it for the future and until increase its price to higher value and i am sure bitcoin will be rise its price more in few months and now i want to buy bitcoins for the future .

Not a wise decision,  The best thing to do is to sell some of your btcs as the price will decrease after it shoots up so you can just buy again after the price

decreases . I have already tried this method that I read from this forum so you guys should give it a try also.
This all depends on how much the price rises at any given time and if it's likely that people would sell once it hits a certain ceiling.
When it goes above a 1000 dollars, yeah, then it might not be a good idea to start buying all of a sudden, but if it's just rising graduatly, like now, it would be the perfect time to buy.
hero member
Activity: 3150
Merit: 937
December 16, 2016, 07:28:05 AM
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 would sell it and buy again when it`s cheaper.

I don`t use other cryptos and i never will.

I still regret that i wasn`t holding my bitcoins from last year. Sad
legendary
Activity: 1050
Merit: 1001
December 15, 2016, 03:37:41 AM
Whenever the price increases a number of people often say that the price will go down again but I do not believe on it and I still keep my coins with me and hope for a better future and a further increase in the coming future so I do not sell them all and remain normal but only sometimes I use or sell some of them.
yeaa common people will keep being pessimistic in bitcoin .
but not with the real bitcoin miner/holder who have a strong believe in bitcoin as they know the real facts.
bitcoin will keep increasing as time goes by, and once the price shoots up some people will let it to sell all the coin and leaving but some people will keep holding till they think urgently needed or even will never ever sell the coins!
hero member
Activity: 644
Merit: 500
December 14, 2016, 04:27:59 AM
Whenever the price increases a number of people often say that the price will go down again but I do not believe on it and I still keep my coins with me and hope for a better future and a further increase in the coming future so I do not sell them all and remain normal but only sometimes I use or sell some of them.
legendary
Activity: 3122
Merit: 1140
December 14, 2016, 01:44:35 AM
When the price shoots up, I sell a little Bitcoin especially if it's a sharp increase. However, I don't ever want to sell all of my Bitcoins because there is a chance that the price will not drop back down.
Its a good move not to sell all bitcoin on a single price high point and we should do make some savings on our bitcoin and should be intended for future purposes and you are right bitcoins price will still rise up on the long run and we could able to make profits even more. If it shoots up its price then many bitcoin users would be really happy.
hero member
Activity: 1008
Merit: 510
December 13, 2016, 09:26:59 PM
When the price shoots up, I sell a little Bitcoin especially if it's a sharp increase. However, I don't ever want to sell all of my Bitcoins because there is a chance that the price will not drop back down.
U2
hero member
Activity: 676
Merit: 503
I used to be indecisive, but now I'm not sure...
December 13, 2016, 09:09:55 AM
BTC shoots up when something B-I-G happens. So when countries are declaring the won't accept bigger bills due to fraud / money laundering or for whatever reason, that's a huge reason to go to bitcoins. If you never have to worry about someone just saying "Oh by the way... your money is now worthless" then bitcoins are your best option (or I guess an altcoin lol. But don't but a shitcoin thinking you're safe!)
hero member
Activity: 602
Merit: 500
December 13, 2016, 09:04:21 AM
if bitcoin price shoots up i will start to buy bitcoins and then save it for the future and until increase its price to higher value and i am sure bitcoin will be rise its price more in few months and now i want to buy bitcoins for the future .

Not a wise decision,  The best thing to do is to sell some of your btcs as the price will decrease after it shoots up so you
can just buy again after the price

decreases . I have already tried this method that I read from this forum so you guys should give it a try also.

Very clever thinking, I would love to do this too Smiley Thinking wise is great. But since  the price is still rising up then how can we know that it already shoot up?  or reached its highest value?
So, think wiser than the wise man.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
December 12, 2016, 09:50:32 PM
if bitcoin price shoots up i will start to buy bitcoins and then save it for the future and until increase its price to higher value and i am sure bitcoin will be rise its price more in few months and now i want to buy bitcoins for the future .

Not a wise decision,  The best thing to do is to sell some of your btcs as the price will decrease after it shoots up so you can just buy again after the price

decreases . I have already tried this method that I read from this forum so you guys should give it a try also.

maybe it can work if we are really sure that the price will be go up so what we bought is not useless and we can make the profit but we need more analyze to see the price is really go up and we can not just make prediction and said the price is actually up and we should make buy for now and wait for the up price.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
December 12, 2016, 08:33:42 PM
if bitcoin price shoots up i will start to buy bitcoins and then save it for the future and until increase its price to higher value and i am sure bitcoin will be rise its price more in few months and now i want to buy bitcoins for the future .

Not a wise decision,  The best thing to do is to sell some of your btcs as the price will decrease after it shoots up so you can just buy again after the price

decreases . I have already tried this method that I read from this forum so you guys should give it a try also.
full member
Activity: 196
Merit: 100
December 12, 2016, 03:13:14 PM
if bitcoin price shoots up i will start to buy bitcoins and then save it for the future and until increase its price to higher value and i am sure bitcoin will be rise its price more in few months and now i want to buy bitcoins for the future .
sr. member
Activity: 532
Merit: 250
December 12, 2016, 02:02:29 PM
Shoots up to what price? 1000$ or 10000$? I am planning hold unless I really have to sell to fulfill some emergencies.

It really depends on whether there is a financial collapse or not. If there is a financial collapse worldwide then I think that it is a good idea to hold personally because as soon as you convert your BTC into fiat you are losing value, fast.

That's not a great idea, but if it is just pure speculation and bulldozers drive the markets up to $10k then i think it is a good time to sell.
sr. member
Activity: 350
Merit: 250
December 12, 2016, 01:53:09 PM
in life there are always plan B as a human in his or her right thinking should not always out his or her eggs in one basket because thing are band to happen so that one singular reason man needs to plan ahead or have a second plans to life. that were savings and investment comes into play
hero member
Activity: 1456
Merit: 624
Maintain Social Distance, Stay safe.
December 12, 2016, 01:44:45 PM
Shoots up to what price? 1000$ or 10000$? I am planning hold unless I really have to sell to fulfill some emergencies.
it is always good to hold bitcoin because the price of bitcoin i unpredictable since bitcoin is keep increasing and i think the price will increase more soon.. so if you are holding bitcoin if bitcoin shoots up you can sell your bitcoins with a huge price .
member
Activity: 73
Merit: 10
Betbase.io It's never been easier to run a casino
December 12, 2016, 01:25:49 PM
Shoots up to what price? 1000$ or 10000$? I am planning hold unless I really have to sell to fulfill some emergencies.
legendary
Activity: 2954
Merit: 1153
December 12, 2016, 01:25:09 PM
When Bitcoin price shoots up I just try to decide whether the price will stay at that level for longer it will drop immediately. If the price stay at same level after increased price than I would like to hold bitcoin and if price keep increasing or decreasing than I would like to sell my Bitcoins for some profit.

I would sell all my coins to book a profit.  What's the use of waiting when it will go down .   You just missed the opportunity to sell and buy back at bitcoin dip before rising again.  The moment the price hit your target selll price, don't hessitate to sell and book a profit.
The problem if the price will continues to increase or keep rising.. if you sell to early you will not gain more profit if the price will keep rising..
like other said better to sell some and the rest are for waiting for price increase if the price will keep rising you can sell them to make more profit..
This is just like traders doing..

If the price keep on rising, that is a big IF which is actually unsure. if you see the profit and it hits your goal price, sell and don't get greedy.  Sometimes waiting too long can miss you an opportunity to sell at the peak/set price.  Just go with your plan. And be happy if ever it keep on increasing.  That is  your plan anyway.
hero member
Activity: 980
Merit: 523
December 12, 2016, 01:18:13 PM
if bitcoin shoots up i will sell my all hold bitcoin for USD and then again buy bitcoin with low price and i am sure bitcoin will be shoots up in the year of 2017 because bitcoin adoption is already too much high and a lot of people are using bitcoin nowadays as currency and many people are using bitcoin as investment.
hero member
Activity: 672
Merit: 500
December 11, 2016, 04:58:49 PM
When the price of BTC shoots up then I buy more at that time and do not sell my available bitcoins but wait more because at that time I am pretty sure that many other people will also start to buy and so the price then increase more high and more faster so I get the benefit if I hold for further more time at that time.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
December 11, 2016, 02:38:57 AM
When Bitcoin price shoots up I just try to decide whether the price will stay at that level for longer it will drop immediately. If the price stay at same level after increased price than I would like to hold bitcoin and if price keep increasing or decreasing than I would like to sell my Bitcoins for some profit.

I would sell all my coins to book a profit.  What's the use of waiting when it will go down .   You just missed the opportunity to sell and buy back at bitcoin dip before rising again.  The moment the price hit your target selll price, don't hessitate to sell and book a profit.
But I'm not sure all the bitcoin holders will be having some short term target and always looking for that. Whenever I do hear about bitcoin price up surge, I just will be glad but definitely will not be looking to book profits for my bitcoins. This is may be I'm not looking for any short-term targets.
It's obviously depend on the traders. it's seem that you don't really find profit and seems don't care about a little opportunities which could bring you pretty little amount of profit then it's actually fine. Though it's kind of risky to do short term trading so if you don't really have intention to do trading and only interested on natural price rising which happen without even waiting for it, it's more better
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