What to do? - page 2. | Bitcointalksearch.org

Reid

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Quote from: shamzblueworld on March 03, 2017, 12:29:51 AM

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

That is one my problem now too. What to do?
Kind of getting boring to just wait. Can't trade because just like you said it just keep on going up now.
Can't gamble for I might regret what I will lose then the price suddenly increase again. Sad

So for now I just read threads here for updates about what is happening.

mace15

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Many people regret by not buying bitcoin way back while the price is cheap. Even me I regret it that I did not save bitcojn when the price is lower 500$. And, now its really wow amazing price. So, if i were you can still buy bitcoin as this time. They said price will still pump or will higher. Its your choice tiu can hold still.

ged00u

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the prices will drop again and it will occur very soon. Try to sell your Bitcoin or exchange it to another cryptocurrency when the prices reach $1300. Remember to increase the fee. I doubt that you can send your Bitcoin easily in this high times. Most of transactions are hold and can not be confirmed for at least 24 hours if the fee is not affordable

Winner

legendary

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Look ARROUND!

I would ride the wave, there isn't any legit reason why the price per Bitcoin is that high right now $1,278.05. There was a few dumps and it looks like there is a group of people playing in the market right now, they might be manipulating the price just so that they could cycle a few extra dollars.

It's up to you of course.

The most safest thing that you could do though is just try to hold onto your Bitcoin and forget about it for a little while and if the price per coin goes up then it's good for you -if it goes down then it isn't that much of an issue.

KennyR

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Enterapp Pre-Sale Live - bit.ly/3UrMCWI

Quote from: asuryan180 on March 03, 2017, 02:31:24 AM

The truth is nobody can tell you what the right thing is,if you think it's good to buy,then buy,if not,then cash out,I personally think it's absoulutely possible for the price to go higher and it won't be a surprise-BTC is on a run right now and it keeps getting stronger

As stated bitcoin is getting stronger day by day, so personally I feel of holding the bitcoin that's been into the wallet. From the price $700 panic is prevailing among the users, whether the price increase continue or fall low. So the same has took the price close to $1300, which means somehow price increase takes place.

btcdevil

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Quote from: shamzblueworld on March 03, 2017, 12:29:51 AM

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

Is it upto you that what you want if you had bought on lower price and now you are getting double then you can atleast start selling in split like 10 or 20% of your total bitcoin bankroll, or else if you can wait for more long term then just dont see the price and do your other works in life.

xSkylarx

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Quote from: shamzblueworld on March 03, 2017, 12:29:51 AM

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

In my opinion it is not the right time to cash in, but, if you really need fiat, then convert some of your bitcoins, not all of your bitcoins, because converting it all means you are willing to lose profits by converting it on the right time. I mean, it is better to hold your bitcoin and earn profits in the long run rather than earning profit in just one shot, because you could earn more when you are going to choose the long run than you could earn on converting your bitcoin in just one shot.

ethbits

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Well some people say it could go to 100k

If you buy now make sure you have a stop loss -20 to -30 % in order to mitigate the risks.

March 11th peoples eyes will be peeled to either click Long or Short.

Alt coin holders wish it would go down and Bitcoin holders wish it would go up.

Junko

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Quote from: shamzblueworld on March 03, 2017, 12:29:51 AM

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

What to do? Sit back, relax and enjoy the ride. If you think "it is quite obvious that this is not the right time to buy bitcoin" then don't buy. Who says you have to do anything? If you don't want to buy at this price, just wait for it to dip until it hits a price you want to pay. If you need money that badly, get a second job. If you think the price will go higher, then buying and hodling is an option. It has always worked for me. If you want to grow your bitcoin hodlings through trading, then just trade a small percentage.

If you sell all or most and the price doesn't go down, but gets increasingly higher down the road, then in a few months or so from now you will be asking the same question, "What to do? Buy back in at a loss or what?"

asuryan180

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The truth is nobody can tell you what the right thing is,if you think it's good to buy,then buy,if not,then cash out,I personally think it's absoulutely possible for the price to go higher and it won't be a surprise-BTC is on a run right now and it keeps getting stronger

ralle14

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Quote from: shamzblueworld on March 03, 2017, 12:29:51 AM

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

Don't sell and buy more when you can that's my plan. Buying bitcoin at this time is still a good choice imo as the price still continue to rise slowly by looking at the price chart. I'm also thinking of investing again in a casino bankroll like cg or safedice.

xskl0

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Bitcoin SV is Bitcoin

Quote from: shamzblueworld on March 03, 2017, 12:29:51 AM

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

When was at 700$ a lot of people thought that was obvious not the time to buy. Is ever a good moment to buy if you are not hurry to sell.

Velkro

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Quote from: shamzblueworld on March 03, 2017, 12:29:51 AM

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

You can never know if this is right or wrong moment, because price could jump due to accepted ETF or other reason from 1250$ to 2250$ for example. Then you would say i could buy at 1250$. It can go down to 800$ levels for example. Noone knows that. Noone can predict that, maybe if he had insider info.

batang_bitcoin

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Quote from: shamzblueworld on March 03, 2017, 12:29:51 AM

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

Yourself can define if you need to sell it right now. If you are satisfied with the current price then just go sell it. But I do believe that the price will keep on pumping so you better be patient and wait for some more fluctuations. Why not try to wait before the ETF approval happens you can see if there's a need to sell when we are near to the date.

TastyChillySauce00

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It's all actually up to you. If you think it's the right time to sell and you just already feel that the current price giving you profit then it's enough. To be honest, the current rate change doesn't really give an effect to you if you're currently holding bitcoin lower than 0.1 (you're probably holding so much bitcoin that getting confused and make a question here) but yeah, sometimes people just want to feel the maximal profit and it's nothing wrong.
If the price just goes down after you've done selling your bitcoin, it's fine, also if the price goes high, you still have the profit you've gained.

passwordnow

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If you don't need cash for now better to let those coins of yours to keep on sleeping onto your wallet. I experienced this before and when the price is close to $800 I thought that it's already big amount so I decided to sell not knowing that the price will keep on rising and I regret that I did early selling. It's up to you man, but I don't want you to experience the same regret that I did.

equator

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Quote from: shamzblueworld on March 03, 2017, 12:29:51 AM

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

This price is depended on the ETF news and if i am not wrong it will go up till march 11 when it will be declared to be included or not, if it got included in ETF then we cannot tell how high the price may go but if it got rejected then their will be dump but not high as next news will be on march 29 this is the news i got from one of this forum thread.

Amph

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how do you know that this is not the right time to buy, nothing is telling us this is a peak? this has more chance to be the next bottom for what we know

remember when bitcoin was struggling at $500 and everyone was thinking that the price was very high already and some said that it was better to wait that the price was lower again? well it went even higher

there are no rule here, just buy always bitcoin is bound to increase in the future

doomistake

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Quote from: shamzblueworld on March 03, 2017, 12:29:51 AM

So what should one do when the price is at a peak or so high as it is at the moment, $1250+ right now. Is it time to cash in?
It is quite obvious that this is not the right time to buy bitcoin so what should be the plan of action at these times?

Just convert some of your bitcoins into fiat if you really needed fiat, but don't convert it if you don't need it at all. But you can, for you to have profit for a certain amount of bitcoin that you are going to convert since the price is higher than its last price, just don't convert it all, just some of it, because you could have a larger profit if you are going to convert it from time to time.

And just hold it while you are earning bitcoin through whatever you are doing to earn some, wait for the right time when you thought that it is the highest peak that it could ever reached, then convert it all in just one shot, because the next thing that would happen is bitcoins price will continuously fall down.

bones261

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Quote from: JanisPetke on March 03, 2017, 01:33:25 AM

I'd personally just keep accumulating ever smaller clumps of bitcoin for the long term, but that's just me...
Don't really think we are anywhere near the full value potential of Bitcoin anytime soon.

Have you checked out the unconfirmed transactions lately? It does not appear the problem of scalability is anywhere near close to being resolved. Segwit is far from the 95% support needed and Bitcoin Unlimited doesn't have the 51% needed to bully their way into acceptance. Cheesy

I'd only recommend HODL if you are small fry like me, who owns less than 1 BTC ATM, and are only doing this for entertainment value. Roll Eyes

If this scalability problem isn't resolved. BTC has zero chance for mass adoption, even if the Winklevoss EFT gets approved and the IPO raises the hundreds of millions hoped for.

Topic: What to do? - page 2. (Read 2149 times)