Topic: What do you do when BTC shoots up? - page 6. (Read 17079 times)
If BTC price shoots up and if we know the price is going to fall, best option is to sell it and rebuy it when price falls considerably. The same thing happened last week also. I bought bitcoin when its price was $750. All of a sudden, its price rose to $1150. I was very happy and i expected price to go around $2000, a little greed i am. But unfortunately, due to policy changes in china by PBOC, btc price started falling down. So, i decided to sell my btc and better invest in a altcoin. My first option was ETC but it was not performing well.At last, i decided to invest in Ethereum which is still performing well.
Holding your bitcoin is not the best decision when it shoots up.If one had followed this thread and chosen the best option would have benefited from it in the last price shoot. The outcome of the passage of such time shows how unprofitable the time was for those who held on to their bitcoin. The time will come around again, decide on the best way to make use of the hike in price
Do you this that last price shhot will not come back? You are wrong but you will see that the price of Bitcoin will increase more and if you are worried for the coming down to 900$ then it do not often happen all the time but sometimes it happen that the price increase and continue to increase. In fact each trading decision carries a risk, and each one must assume the consequences of of that without ostentation because the bitcoin market is so capricious that as the price collapsed when arriving to $1,100, it could had also easily reached the $2,000 mark with no problem, so those who laugh today might be crying under the circumstances, and I am convinced that it will happen sooner or later.
I think that I will sell my bitcoins for a very good price because I think that it will be very profitable for me than.
Holding your bitcoin is not the best decision when it shoots up.If one had followed this thread and chosen the best option would have benefited from it in the last price shoot. The outcome of the passage of such time shows how unprofitable the time was for those who held on to their bitcoin. The time will come around again, decide on the best way to make use of the hike in price
Do you this that last price shhot will not come back? You are wrong but you will see that the price of Bitcoin will increase more and if you are worried for the coming down to 900$ then it do not often happen all the time but sometimes it happen that the price increase and continue to increase. Holding your bitcoin is not the best decision when it shoots up.If one had followed this thread and chosen the best option would have benefited from it in the last price shoot. The outcome of the passage of such time shows how unprofitable the time was for those who held on to their bitcoin. The time will come around again, decide on the best way to make use of the hike in price
Do you this that last price shhot will not come back? You are wrong but you will see that the price of Bitcoin will increase more and if you are worried for the coming down to 900$ then it do not often happen all the time but sometimes it happen that the price increase and continue to increase. Holding your bitcoin is not the best decision when it shoots up.If one had followed this thread and chosen the best option would have benefited from it in the last price shoot. The outcome of the passage of such time shows how unprofitable the time was for those who held on to their bitcoin. The time will come around again, decide on the best way to make use of the hike in price
It depends on how you prioritize your stash that you are planning to hold. I personally have split them into several wallets where I am planning to do the following.
Wallet 1 - contains coins that may get sold if the price reaches interesting levels as has been the case when I cashed out over the $1000 levels recently.
Wallet 2 - contains coins that may get sold only if the price happens to reach a minimum price of $2000.
Wallet 3 - contains coins that will only get sold slowly at the time the prices reaches $5000 (I know it may never happen, but still)
Wallet 4 - contains coins that will remain there basically for ever. I want to be an elite at the time Bitcoin has gone moon. (Don't want to miss out)
Your system is interesting, though it seems to me that you are taking into account many variables that are too hypothetical. I personally prefer to sell a certain proportion of my coins as the price increases every $100, and in turn I acquire more coins as it decreases $100 bucks.
Holding your bitcoin is not the best decision when it shoots up.If one had followed this thread and chosen the best option would have benefited from it in the last price shoot. The outcome of the passage of such time shows how unprofitable the time was for those who held on to their bitcoin. The time will come around again, decide on the best way to make use of the hike in price
It depends on how you prioritize your stash that you are planning to hold. I personally have split them into several wallets where I am planning to do the following.
Wallet 1 - contains coins that may get sold if the price reaches interesting levels as has been the case when I cashed out over the $1000 levels recently.
Wallet 2 - contains coins that may get sold only if the price happens to reach a minimum price of $2000.
Wallet 3 - contains coins that will only get sold slowly at the time the prices reaches $5000 (I know it may never happen, but still)
Wallet 4 - contains coins that will remain there basically for ever. I want to be an elite at the time Bitcoin has gone moon. (Don't want to miss out)
Holding your bitcoin is not the best decision when it shoots up.If one had followed this thread and chosen the best option would have benefited from it in the last price shoot. The outcome of the passage of such time shows how unprofitable the time was for those who held on to their bitcoin. The time will come around again, decide on the best way to make use of the hike in price
When bitcoin is shoots up the best thing to do is hold your coin, doing trading with small scale of your bitcoin is fine, it will help you to gain some profit and bitcoin need to be spent so it can be grow further, when shoot up it will be a bad idea to change it with other alt coin, it will made your investment drop drastically
I agree with you when bitcoin shoot up better hold it into bitcoin value Since it is increasing the fiat value increases too like now its value increases rapidly .
We have now $900 plus value and still increasing so better keep and wait.
When you have an assured upward price movement then holding for the best price is good, but if price goes downwards the situation goes bad. Price movements were unpredictable, from $900 it has fallen down close to $800 in a days time. Better is to make the right move at the right time and earn the profit.
I think it really depends on your personal situation, if the rewards from selling btc at a high point would REALLY benefit you and make a difference, or not.
If you need the money, I think you should sell maybe 60%, make a nice profit, and keep the rest.
If you don't really need it that much or not at all, sell only a little bit of what you have, maybe between 10 and 30%.
This way you can still make a profit, and if it crashes later on you won't feel bad because you DID make some profit.
But hold the rest because btc has a huge potential and it can go way past 1,100 in the future IMHO.
If you need the money, I think you should sell maybe 60%, make a nice profit, and keep the rest.
If you don't really need it that much or not at all, sell only a little bit of what you have, maybe between 10 and 30%.
This way you can still make a profit, and if it crashes later on you won't feel bad because you DID make some profit.
But hold the rest because btc has a huge potential and it can go way past 1,100 in the future IMHO.
When bitcoin is shoots up the best thing to do is hold your coin, doing trading with small scale of your bitcoin is fine, it will help you to gain some profit and bitcoin need to be spent so it can be grow further, when shoot up it will be a bad idea to change it with other alt coin, it will made your investment drop drastically
I agree with you when bitcoin shoot up better hold it into bitcoin value Since it is increasing the fiat value increases too like now its value increases rapidly .
We have now $900 plus value and still increasing so better keep and wait.
When bitcoin is shoots up the best thing to do is hold your coin, doing trading with small scale of your bitcoin is fine, it will help you to gain some profit and bitcoin need to be spent so it can be grow further, when shoot up it will be a bad idea to change it with other alt coin, it will made your investment drop drastically
I agree with you when bitcoin shoot up better hold it into bitcoin value Since it is increasing the fiat value increases too like now its value increases rapidly .
We have now $900 plus value and still increasing so better keep and wait.
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)?
It is depend on what strategy is you do. If you prefer like to do short term investment so just sell it. If you prefer like to do long term investment so just wait until it reach your target. I think the best strategy to invest in bitcoin is by Dollar Cost Averaging so we can get more amount of bitcoin than only buy bitcoin in one time then wait. I prefer like to sell because I need to fulfil my daily need. 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 agree. They should have short it when Bitcoin reaches $1100 and rebuy at sub $900, if time does not come that bitcoin hit their buy sell at least they have taken profit from the trade. And they can buy anytime whe bitcoin hit below $1000. They should have profited if they do that since price goes up and down within the range of $880 to $970, best way to buy back the shorted bitcoin and bring home the profit.
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)?
It is depend on what strategy is you do. If you prefer like to do short term investment so just sell it. If you prefer like to do long term investment so just wait until it reach your target. I think the best strategy to invest in bitcoin is by Dollar Cost Averaging so we can get more amount of bitcoin than only buy bitcoin in one time then wait. I prefer like to sell because I need to fulfil my daily need. 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 agree with you, it all depends on your entry point, the last Bitcoin I bought was around $420 range, even with the so called dump I still have 2X already and I know after this correction the price will move above $1000. the era of less than $500 BTC is gone
With a $420 entry I think you are safe from any further dips, so I would just focus on trying to profit from the big peaks, sell a bit and rebuy. Of course the ethernal question always remains: When does a pump stop? impossible to know. The last pump stopped at 1139 and it could have stopped at 1500...
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)?
It is depend on what strategy is you do. If you prefer like to do short term investment so just sell it. If you prefer like to do long term investment so just wait until it reach your target. I think the best strategy to invest in bitcoin is by Dollar Cost Averaging so we can get more amount of bitcoin than only buy bitcoin in one time then wait. I prefer like to sell because I need to fulfil my daily need. 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 agree with you, it all depends on your entry point, the last Bitcoin I bought was around $420 range, even with the so called dump I still have 2X already and I know after this correction the price will move above $1000. the era of less than $500 BTC is gone
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)?
It is depend on what strategy is you do. If you prefer like to do short term investment so just sell it. If you prefer like to do long term investment so just wait until it reach your target. I think the best strategy to invest in bitcoin is by Dollar Cost Averaging so we can get more amount of bitcoin than only buy bitcoin in one time then wait. I prefer like to sell because I need to fulfil my daily need. 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)?
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)?
It is depend on what strategy is you do. If you prefer like to do short term investment so just sell it. If you prefer like to do long term investment so just wait until it reach your target. I think the best strategy to invest in bitcoin is by Dollar Cost Averaging so we can get more amount of bitcoin than only buy bitcoin in one time then wait. I prefer like to sell because I need to fulfil my daily need. 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 bitcoin shoots up i will hold my bitcoin and never sell it and wait for more highest value of bitcoin and when bitcoin reach its value to double then i will sell my bitcoin with high price and its very profitable way and then again buy bitcoin bitcoin with low price and hold it.
i think you should clear your mind about and you must choose a level where you are going to sell your bitcoin, because if you are nog investing your money in a good manner then you cannot make good profit from it. because for every time you will be thinking for the price to increase some more and it will become difficult for your to take the decision of selling the bitcoins. 
when bitcoin shoots up i will hold my bitcoin and never sell it and wait for more highest value of bitcoin and when bitcoin reach its value to double then i will sell my bitcoin with high price and its very profitable way and then again buy bitcoin bitcoin with low price and hold it.
Agree, If the bitcoin goes high I will just keep my bitcoin and take it as advantage to keep a profit for bitcoin pumping, and then if the bitcoin goes to the pick just like 3 days ago. I will convert it or also called sell. I will sell it and buy with the lower price just like now. I just want to share that if you loss from bitcoin dumping just keep your coin and hold it, soon it will pump again just Don't forget that don't panic when the bitcoin is dumping. Don't be a panic seller just like other.
when bitcoin shoots up i will hold my bitcoin and never sell it and wait for more highest value of bitcoin and when bitcoin reach its value to double then i will sell my bitcoin with high price and its very profitable way and then again buy bitcoin bitcoin with low price and hold it.
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