Will bitcoin ever drop to $1200-$1500 - page 2.

justspare

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Quote from: lite on May 18, 2017, 01:55:55 PM

Quote from: Shawns on May 11, 2017, 03:40:42 PM

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner

Thank you!

I think the price may drop to $1500, if it drops any lower i'm gonna buy more coins. you should probably hold your coins and keep buying whenever opportunity presents itself. i don't trade anymore! it's risky so i just buy now.

i do not think that bitcoin will drop its price one month before bitcoin price was about $1500 and i waste my time to wait for down price and also missed the good chance to buy bitcoin with low price and now bitcoin price is too much high and i think you should buy bitcoin because price will be go to more high.

gentlemand

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I don't see why not. One of the odd things about this price level is that the drops and rises don't seem to be reducing all that much percentage wise. It can shed or gain $100 just as quickly as it used to get rid of much less.

I would not be timing buys and sells with the expectations of certain prices though. It's a very weird market at present.

Superways

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Quote from: Shawns on May 11, 2017, 03:40:42 PM

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner

Thank you!

If you need your money and for that you want to sell your bitcoin at $2000 then it is not bad but if you are thinking for getting the profit and you do not need your money urgently to buy any thing then you are doing bad as the price of bitcoin will increase up more higher. I know you are thinking to sell at $2000 and buying again at $1500 then that is not possible because the price will continue to increase as bitcoin is getting more strength with time.

cryptomium

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Quote from: lite on May 18, 2017, 01:55:55 PM

Quote from: Shawns on May 11, 2017, 03:40:42 PM

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner

Thank you!

I think the price may drop to $1500, if it drops any lower i'm gonna buy more coins. you should probably hold your coins and keep buying whenever opportunity presents itself. i don't trade anymore! it's risky so i just buy now.

Honestly there is always a possibility that bitcoin will drop in certain x price. Bitcoin price is not shielded from any down or crash since it is all depend on the demand of the people. If people stop supporting bitcoin then it can even drop to worst price per bitcoin.

rickadone

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Quote from: lite on May 18, 2017, 01:55:55 PM

Quote from: Shawns on May 11, 2017, 03:40:42 PM

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner

Thank you!

I think the price may drop to $1500, if it drops any lower i'm gonna buy more coins. you should probably hold your coins and keep buying whenever opportunity presents itself. i don't trade anymore! it's risky so i just buy now.

When bitcoin will be reaching $2000 levels, it may face some corrections as many people would have targeted $2000 as their profit booking zones. But we need to consider the hype bitcoin is going to generate when it will be valuing like some huge big round numbers. I mean new investors may rush in and may take bitcoin prices to $2300 to $2500 at no time too.

Corrections are always possible but looking for $500 gap seems non-practical as per how strongly bitcoin prices are moving forward now a days.

lite

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Quote from: Shawns on May 11, 2017, 03:40:42 PM

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner

Thank you!

I think the price may drop to $1500, if it drops any lower i'm gonna buy more coins. you should probably hold your coins and keep buying whenever opportunity presents itself. i don't trade anymore! it's risky so i just buy now.

BitHodler

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Quote from: investinator on May 18, 2017, 08:42:23 AM

Bitstamp has always worked great for me although I've seen a few complaints on bitcointalk about them before. I have yet to try kraken though, is there any benefit to them over bitstamp?

For the simple user (I fit in that category) there isn't really any major benefit over Bitstamp.

Difference is in them having plenty of altcoins that people can buy and sell, where Bitstamp only allows you to trade XRP alongside Bitcoin. But for me it has no value as I only focus on Bitcoin.

Then we have the difference that Kraken allows people to do margin trading, where Bitstamp doesn't (yet) allow margin trading. And so there are a few more things.

Symphony_fr

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Quote from: rajasumi3 on May 18, 2017, 09:58:00 AM

YEs there is a high possibility that the price of bitcoins might grow up at a steady pace but it might have a slight chance that the price of bitcoins would be down to 1200$ ,well that cannot be predictable but on the other hand you have to wait if you want to buy at that price.

The price of bitcoin is too unstable and it is possible that such a fall if the number of users decreases and panic begins. According to my observations in the summer the price should start to go down, but it's hard to tell to what grade.

ciobanuionut1982

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very good ideea sell at 2k $

rajasumi3

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YEs there is a high possibility that the price of bitcoins might grow up at a steady pace but it might have a slight chance that the price of bitcoins would be down to 1200$ ,well that cannot be predictable but on the other hand you have to wait if you want to buy at that price.

investinator

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Quote from: BitHodler on May 18, 2017, 08:34:28 AM

Quote from: 1Referee on May 12, 2017, 06:40:02 AM

Quote from: ekoice on May 12, 2017, 06:14:11 AM

I think bitcoin price would not drop to even $1500 as we can see more countries accepting bitcoin payments and more people willing to buy more bitcoins.So it would be better if you buy bitcoins now itself.

$1500 isn't that far away. Especially if you look at how poor the buy support among exchanges is. It takes a relatively low number of coins to dump the price down significantly.

Example;

It takes 2900BTC to dump the price +$400 lower on Bitstamp.
It takes 3000BTC to dump the price down +$600 on GDAX (Coinbase).
Only difference is Bitfinex, but we know that people can't get their USD out. It takes 3700BTC to dump the price down +$200 there.

Bitfinex has always had the best liquidity of all exchanges. I think that's the exact reason larger traders prefer to remain trading there instead of moving elsewhere.

I personally make use of Kraken and Bitstamp, and thus far they have proven to be reliable. They may not have the same level of liquidity as Bitfinex, but for me it's more than enough.

Bitstamp has always worked great for me although I've seen a few complaints on bitcointalk about them before. I have yet to try kraken though, is there any benefit to them over bitstamp?

BitHodler

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Quote from: 1Referee on May 12, 2017, 06:40:02 AM

Quote from: ekoice on May 12, 2017, 06:14:11 AM

I think bitcoin price would not drop to even $1500 as we can see more countries accepting bitcoin payments and more people willing to buy more bitcoins.So it would be better if you buy bitcoins now itself.

$1500 isn't that far away. Especially if you look at how poor the buy support among exchanges is. It takes a relatively low number of coins to dump the price down significantly.

Example;

It takes 2900BTC to dump the price +$400 lower on Bitstamp.
It takes 3000BTC to dump the price down +$600 on GDAX (Coinbase).
Only difference is Bitfinex, but we know that people can't get their USD out. It takes 3700BTC to dump the price down +$200 there.

Bitfinex has always had the best liquidity of all exchanges. I think that's the exact reason larger traders prefer to remain trading there instead of moving elsewhere.

I personally make use of Kraken and Bitstamp, and thus far they have proven to be reliable. They may not have the same level of liquidity as Bitfinex, but for me it's more than enough.

DrGuns4Hands

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Everything is feasible in cryptocurrency. Bitcoin is much more than a currency and it's an asset. Even the price is drop or up, there's nothing new. Everyone knows it. Bitcoin price may crash but it will rise again. Well, rest assured. So, it's possible! Buying or selling is good. But to wait that the price will it's low key to buy more btc is better.

ASHLIUSZ

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Quote from: Oralmat on May 17, 2017, 11:59:40 PM

May be bitcoin will come, i think so because it is not lowest price of bitcoin. Whenever bitcoin start to come back than definitely bitcoin would be come at $1200 to $1500. At least bitcoin would be come at $1500. Than it is a time to buy the bitcoin.
I remember when people thought that when bitcoin will come at $1500, because they want to sell bitcoins. And now time has been changed now people think when bitcoin come back at $1500 because they want to buy bitcoins.

Everything is possible with bitcoin, as it's a speculative currency the variation happens with respect to the time. Sometimes it's gives growth as expected and at times the same goes in the opposite manner. So buying or selling, acting at the present is good than waiting for price to get low for a buying and higher for a selling.

Oralmat

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May be bitcoin will come, i think so because it is not lowest price of bitcoin. Whenever bitcoin start to come back than definitely bitcoin would be come at $1200 to $1500. At least bitcoin would be come at $1500. Than it is a time to buy the bitcoin.
I remember when people thought that when bitcoin will come at $1500, because they want to sell bitcoins. And now time has been changed now people think when bitcoin come back at $1500 because they want to buy bitcoins.

Farma

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Anything can happen, even the price drops to that price, moreover the bitcoin price is currently rising very fast and yet there is a dump. Well, but I hope the bitcoin prices remain stable and keep going up.

1Referee

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Quote from: ekoice on May 12, 2017, 06:14:11 AM

I think bitcoin price would not drop to even $1500 as we can see more countries accepting bitcoin payments and more people willing to buy more bitcoins.So it would be better if you buy bitcoins now itself.

$1500 isn't that far away. Especially if you look at how poor the buy support among exchanges is. It takes a relatively low number of coins to dump the price down significantly.

Example;

It takes 2900BTC to dump the price +$400 lower on Bitstamp.
It takes 3000BTC to dump the price down +$600 on GDAX (Coinbase).
Only difference is Bitfinex, but we know that people can't get their USD out. It takes 3700BTC to dump the price down +$200 there.

ekoice

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Quote from: Shawns on May 11, 2017, 03:40:42 PM

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner

Thank you!

Sure it seems that bitcoin price will reach $2000 by the end of this month.I think bitcoin price would not drop to even $1500 as we can see more countries accepting bitcoin payments and more people willing to buy more bitcoins.So it would be better if you buy bitcoins now itself.

VanDeinsberg12

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Quote from: pacifista on May 11, 2017, 09:45:04 PM

Quote from: Shawns on May 11, 2017, 03:40:42 PM

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner

Thank you!

Always read news and ask some pro. Maybe they can help you when btc will be going down or increase its price. If the news says btc will be going down prepare your self to buy more btc.

The trend of bitcoin can be determined by the news, bullish or bearish all of it will depend on the news itself. But to determined about how good or bad is it will take a lot of time. try to follow the experience trader is a recommended way in my opinion.

coynedterm

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Quote from: Shawns on May 11, 2017, 03:40:42 PM

I was planning to sell my coins for $2000,- /btc and then hoping that it would drop to around $1500,-.

Is this realistic or is bitcoin not going to drop soon? If it's not going to drop, should I buy more? I dont really need my money now & can afford to buy more.

btw. Im a beginner

Thank you!

All the prediction about the bitcoin price are worst Only Because if you will see in the last year then you will found that the fall in the price is very low and rise in the price is very high , but if you will go back 3-4 years then you can't believe at your own eye that how much the bitcoin price get drop .
So here my suggestion for you is that always buy or sell in small small Investment Because in small small Investment sell and buy never gives feeling that you had sold or bought your bitcoin at high price .
Here my suggestion for you to sell 500$ of your bitcoin and after the month if price increase more then sell.more 500$ and so on , in this way your selling price will reach near the highest price of the bitcoin .

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