What to do? | Bitcointalksearch.org

delliaerd

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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 point of view, If you have buy bitcoin Several months ago when the price is lower than recent price, no problem if you wanna cash your balance bitcoin. But I would suggest to trade from your bitcoin because I often see the movements price of bitcoin it's so fluctuates.

Rude Boy

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I would say don't hold your coin or exchange it to FIAT. Simply put your money on rotation all over the web or make some investment. Because, Bitcoin value increasing by day by day. So, holding or cash-out will tend to difficult on earn, as you're converting to FIAT and investing on something.

shiunsai

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Quote from: Seansky on March 06, 2017, 08:01:37 AM

OP it is really up to you whether you hold now or sell now that the price is high. All you can do if you don't want that much regret I think is to take the path with least regret. For example, you hold some portion and sell some that way even if the price goes down you won't regret that you have not sold some and if it goes up you will only regret slightly selling a portion of what you have.

There is nothing to regret if he have bought bitcoins at lower price in the past and if its giving him enough profits then he should sell some of them as after all the only goal of any investment is to make profits from it and higher or lower profit is a profit so he should not get greedy and should be satisfied with the profits that he is making.

Seansky

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OP it is really up to you whether you hold now or sell now that the price is high. All you can do if you don't want that much regret I think is to take the path with least regret. For example, you hold some portion and sell some that way even if the price goes down you won't regret that you have not sold some and if it goes up you will only regret slightly selling a portion of what you have.

pungopete468

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Quote from: bitbunnny on March 03, 2017, 07:10:38 AM

My advice is not to sell unless you need cash or you have some extra coins that you have bought when Bitcoin was like 600$ so you can earn double.
But to my opinion the price will continue to rise for a while and no major crash is expected so keeping coins long term is good decision.

Yes sell only that amount that you really need and most of them should be saved for the future as price is moving in positive direction at a moment and we can expect the same flow in coming days to and even price drops it won't be much so need to have patience and hold your coins and sell them when you see price hitting to some good level.

ethbits

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Quote from: shamzblueworld on March 03, 2017, 08:12:39 AM

Quote from: equator on March 03, 2017, 01:55:24 AM

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.

There's something to keep track of, just reading about it on marketwatch...
And while going through the article, one of the cons they mentioned about investing in bitcoin is obviously volatility, but I was amazed to see that at the start of 2013, bitcoin was at $15, Unbelievable.

Also beware of Alts when bitcoin goes up a lot then alts crumble and in some cases they take no prisoners!

shamzblueworld

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Quote from: equator on March 03, 2017, 01:55:24 AM

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.

There's something to keep track of, just reading about it on marketwatch...
And while going through the article, one of the cons they mentioned about investing in bitcoin is obviously volatility, but I was amazed to see that at the start of 2013, bitcoin was at $15, Unbelievable.

micher143

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Quote from: DoublerHunter on March 03, 2017, 07:08:46 AM

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?

If you have guts and you are a true risk taker then investing or doing cash ins now at the current price of 1250$ is a good idea because you can still make profit for the next few days since it is continue rising up. There still a best option if you want legit profits then that is long term hodling, it needs a lot of time but it is all worth it.

Don't just wait for the price to drop down it will be a big gamble if you do that. Because if that will dump you will loss money. patience is a virtue so just wait for the price to drop down because you can make some profit if that will be pump again don't gamble few days or weeks is not a big deal because if I were you I will wait for the dump to buy. Remember in trading we are buy low sell high so don't buy high because you will loss money it is a big gamble! Let's just wait. To have a profit just wait for your turn to earn waiting for it is the best instead of testing your luck.

noormcs5

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You know I really accept the question, Now i have also same feeling. Because last time when bitcoin came in $1200 than i sold my 3 bitcoins and now once again bitcoin come cross $1290. So i am too confused and feel sad to sold my 3 bitcoins, and still now i have one more bitcoin, But also i don't know What should i do? Even in this time, bitcoin price too high, it is not easy to buy now.

bitbunnny

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My advice is not to sell unless you need cash or you have some extra coins that you have bought when Bitcoin was like 600$ so you can earn double.
But to my opinion the price will continue to rise for a while and no major crash is expected so keeping coins long term is good decision.

DoublerHunter

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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?

If you have guts and you are a true risk taker then investing or doing cash ins now at the current price of 1250$ is a good idea because you can still make profit for the next few days since it is continue rising up. There still a best option if you want legit profits then that is long term hodling, it needs a lot of time but it is all worth it.

paul gatt

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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?

I think this is a good time to sell, it will be a period of great profit to those who have invested in Bitcoin. however, I think btc will rise further. let's wait for it, on the other hand, if we simultaneously sell btc, this will greatly affect its price, btc price will be reduced dramatically, this would be extremely dangerous , what we need is calm and accurately choose the right way, I hope we all succeed

examplens

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In the case of the now sell bitcoin and price drop. Where you expect to go?
My opinion that is low price ~$950 to which will come

Creepings

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It is really crucial to have decisions like these and you have many thoughts coming up in your mind. I think you had the choice because you are the holder, even if the posts here are reasonably right, you still hold the choice.

Soul Reaper

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See if you need the money urgently then only covert it.
Yes I accept that bitcoins cost has reached 1282 $ now.
I still insist you to keep it with you,
If you are not really in the need of money.
The cost of bitcoin has been increasing in this way only.
I believe that it may reach 2000$ by this year's end.
So be smart!
Other wise later you will regret that I could ha e waited a bit I you are not really in the need of money.
And if you need money then go for it , it is the right time.

xuan87

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Everyone will have a different opinion, you need to find the answer by yourself, if you are really need to spend the cash or you think the price is quite good for you then change it to fiat, if you think the price still can go up then save your coin, I personally recommended to keep your coin until you really need to spend it, I predict the price will keep on rising for the next few months

talkbitcoin

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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?

as you can see price already reached $1270+ today and there is no indication of this trend stopping for the time being.
you can't be sure, but right now i would wait to sell and wait for a while to see where the top is and then sell there to buy back in case of a price drop or buy back in case of i miscalculated and price continued going up, since i wouldn't want to miss out on anything just because i sold!

Quote

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?

how is that obvious?!!

Ocytrem

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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?

Well it is an option to cash everything now. You would make some nice profit is you bought when it was cheaper.
I personally would wait a little longer to cash out because the price can still grow higher.

nyanhtet

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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?

Bubble end soon! Cash out.

DomainMagnate

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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?

Why you sat it is not right time to buy?I bought few a week ago and today I if I sell,I would have good profit.
Price going up daily so if you buy today, you may sell at high rate tomorrow.

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

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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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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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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.

JanisPetke

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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.

lite

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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?

If you need urgent cash/want to buy something sell or just hold till bitcoin reaches your desired price and then sell. Roll Eyes

it's your call!

sunsilk

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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?

No, you should wait for some more as the price is on the peak possibility of the price to keep on pumping is there so you better be patient.

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

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?

Of course those people that are rich enough has the only capacity to buy bitcoins at this price. I would say that be calm and wait for some more time.

bones261

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Buy on rumor; sell on news. News comes on March 11th on ETF ruling. Sell on 10th. Since the network has been pretty clogged lately, make sure to send to the exchange by the 8th and include very high fee. Also, you may want to go to VIABTC txaccelerator and put in your transaction ID until it accepts. Could take quite a few tries.

Two4D

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I think it should be cash out and not cash in. Anyway, this is a good time, but it seems that the peak is not yet here. So I think it would be best to wait till a partial drop.

Juggy777

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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 question has been on most of the Bitcoin users mind, to cash in cause it's at its peak or hold back for more, it's a tricky situation actually if I may quote Warren, buy when people sell and sell when people buy. It would imply now. Would the time to sell it off. But considering its Bitcoins I would suggest you to hold off, the ETF news is just round the corner and the global uncertainty will always make Bitcoin rise. I can say if you don't have the urgent need of money then don't redeem it. Cause the bull run shall hopefully always continue.

rajasumi3

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I think that bitcoin s price will go more higher and if u need to sell ur bitcoins urgently then sell it but otherwise it is not advisable .at when price drops a little , buy little amount and wait for the price hike to sell it out.

ASHLIUSZ

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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 is a common dilemma that most bitcoin users have right now. For this it's good to go up with one's own decision because nothing is cent percent as predicted. Else if someone make decision on someone's suggestions and if things go wrong it makes the user feel bad. Whether sell or hold, read the entire market scenario and decide.

jaceefrost

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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?

I personally regret not biying before it broke the ATH price. Now I think I'll just be holding the coins and expect for the priceto keep on rising. I'll buy more by weekend if by any chance it will drop a bit.

shamzblueworld

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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?

Topic: What to do? (Read 2153 times)