Topic: What do you do when BTC shoots up? - page 16. (Read 17055 times)
If I think it won't rise more, I would sell it for USD
Well if the price will going to the moon i would sell some coins without doubt, this way we can generate some good earning at least.
Exactly same, most of the users does the same when price reaches high. As the same I too try to make some good earning which is not possible all time.
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)?
When BTC price shoot's up i prefer convert it to fiat and wait some time,until the price will getI'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)?
back to the normal one.Then i buy more,but i always hold some btc for:
1)emergency
2)investments
3)trading
Perfect time to sell of some btc in case you have and book profits and enjoy and pay up your debts.
Well if the price will going to the moon i would sell some coins without doubt, this way we can generate some good earning at least.
If I see a big spike in price, I usually sell some bitcoin to buy later on a drop. However, I try to not sell all of it because there's no way to know when it will stop moving up and it's possible that it won't come back down.
majority will sell it for usd and so i will. this is a common thing in trading. when btc price goes up then sell your coins and when it goes down do vice versa.
When price going up i will sell some my coins and hold also some of it
When its going down again, i will buy again and make profit from fluctuative price
When its going down again, i will buy again and make profit from fluctuative price
Of course i will sell all of my a little save of bitcoin 
At the times when bitcoin goes up then I do not feel that it will go down again as I have a good knowledge about bitcoin, I know that at that time a lot of people start to buy bitcoins and with that they value their coins and do not sell at low 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)?
it is pretty obvious isn't it?
if price of bitcoin shoots up and i know it is going down the only logical way is to sell bitcoin and wait for it to go down to buy back in again!
Well that's the whole thing. If you knew what was going to happen, trading would be easy. You have to act on what you think the market is going to do, and there are plenty of traders in every market who've gotten slaughtered trying to time the market.
So what would I do? I try to buy and hold. Actively trading is dangerous for me because I don't know what the market is going to do from moment to moment. Warren Buffett is one of my heroes.
Edit: Richard Feynman is a very close second to W.B.
So what would I do? I try to buy and hold. Actively trading is dangerous for me because I don't know what the market is going to do from moment to moment. Warren Buffett is one of my heroes.
Edit: Richard Feynman is a very close second to W.B.
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)?
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