With the halving coming... - page 5.

mickiya

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Quote from: Erzatium on March 23, 2016, 02:25:31 PM

Quote from: Jmild1 on March 23, 2016, 02:21:11 PM

I will sell because it may just be a bubble and buy once it go down.

No I do not see this happen, there is a lot of speculation about it and its true that its not to predict.
But I think it has a good chance that it will let the price rise to a high amount so selling would be stupid, just hold them for a couple months longer..

that is what I do. I hold most of my coins and use some when the price is high. This will help the bitcon community.

kokojie

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Quote from: Red-Apple on March 23, 2016, 10:50:36 AM

Quote from: nuevo on March 23, 2016, 09:36:47 AM

Let's assume that we reach a new ATH of $1,700, what do you do?

i don't think this possible.
buy hypothetically speaking, reaching $1700 in a couple of months means a super unstable price, so i will make sure to sell most of my bitcoins (i will never sell all of them) and buy back when the bubble is over and the price is back to normal.

Problem is, if you look at the last bubble, the price fell back, but nowhere near the level it started at. Basically if you sold at around $100 thinking it was a bubble (that was a 1000% rise from $10 level it was at previously), you had zero chance of buying back after the bubble bursts, because the price resettled at $200+ level

maokoto

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✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

If it reaches 1700 I would sell some to rebuy it a little lower (1600 perhaps) and hold some just in case it keeps going up.

richardsNY

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I will secure my profits and buy something with it or wait for the price to go down significantly to re-invest in Bitcoin. That's what I will do.

Jmild1

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Quote from: Erzatium on March 23, 2016, 02:25:31 PM

Quote from: Jmild1 on March 23, 2016, 02:21:11 PM

I will sell because it may just be a bubble and buy once it go down.

No I do not see this happen, there is a lot of speculation about it and its true that its not to predict.
But I think it has a good chance that it will let the price rise to a high amount so selling would be stupid, just hold them for a couple months longer..

The OP says let's assume. So if I assume that it really goes on that value. This is what I'm going to do.

Erzatium

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Quote from: Jmild1 on March 23, 2016, 02:21:11 PM

I will sell because it may just be a bubble and buy once it go down.

No I do not see this happen, there is a lot of speculation about it and its true that its not to predict.
But I think it has a good chance that it will let the price rise to a high amount so selling would be stupid, just hold them for a couple months longer..

Jmild1

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I will sell because it may just be a bubble and buy once it go down.

mrhelpful

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Quote from: a7mos on March 23, 2016, 10:43:05 AM

If the price reaches +1000 $ after the halving, I will sell all my coins with that good profit and I may buy again after the price go down as I believe that after any high rise, the price go down again as a lot of sellers would sell

I think most of us would pretty much do that.

Thats easy $40k in the bank if you held 40 btcs.. and serious good return if it was bought anywhere in $300-400 zone.

Denker

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Quote from: nuevo on March 23, 2016, 09:36:47 AM

Let's assume that we reach a new ATH of $1,700, what do you do?

Very unlikely to happen but if it would it could be smart to sell at the top and buy in again later.
Because such a rise will definitely see some correction.So this could be a nice opportnity to increase your BTC stash or take some profits.

--Encrypted--

copper member

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hee-ho.

Quote from: nuevo on March 23, 2016, 09:36:47 AM

Let's assume that we reach a new ATH of $1,700, what do you do?

if we reach that much in less than 6 month, I'll be watching the market very closely for any sign of dumping. and buy some at the bottom. Cool

nuevo

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Quote from: Junko on March 23, 2016, 11:52:07 AM

If the price reaches ~$1200, I think a portion of the people who bought at around that price years ago during the last ATH - those who didn't already sell at a loss, ie, the ones who have been hodling since then - may well sell. Will that be a significant portion? WHo knows. Who knows if the price even goes as high as OP is assuming.

I think I'm interested in the psychology of the conflicting market forces is the halving. IF Bitcoin goes high(anything north of 700), you will have people taking profit but you will also have attention from those who wouldn't otherwise be interested. I guess one thing I'm excited to watch from a case study standpoint is, for every person who exits to take profit, how many will buy out of fomo(or another reason).

RoommateAgreement

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Bazinga!

Quote from: nuevo on March 23, 2016, 09:36:47 AM

Let's assume that we reach a new ATH of $1,700, what do you do?

it depends on whn we are getting there.
i believe bitcoin price is going to get there and even more someday and by that point i will not sell but if it reaches $1700 in 2016 i would definitely sell because it is not stable.

BellaBitBit

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If it gets that high it means there is a bubble factor and I would probably sell some due to the fact it could dip and dip quite a bit.

blunderer

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$1700?!

I guess a bit less smug about having sold in the $6xx back in '13.

Quote from: r0ach on March 23, 2016, 10:47:48 AM

I will watch the shakeout at $1700, sell at $3200, then buy the dip at $2400.

Crappy meth. Not even once, kids, not even once...

Junko

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If the price reaches ~$1200, I think a portion of the people who bought at around that price years ago during the last ATH - those who didn't already sell at a loss, ie, the ones who have been hodling since then - may well sell. Will that be a significant portion? WHo knows. Who knows if the price even goes as high as OP is assuming.

~Bitcoin~

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I think it is hard for bitcoin to cross all time high 1k mark because lots of trader will short bitcoin at that mark again if it reach on halving.

ImHacked

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I will sell all my coins if that price skyrocket to $1700 but everyone knows thats not gonna happen, and if that happen, its just a bubble not too long to stay at that price.

Amph

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i would not sell at 1700, i would wait 10k for selling massively, and not for selling and forget but for buying more

however if there is the opportunity to sell before that mark and gain more profit easily buy re-buying back, i'll do it for sure

Snail2

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Without a great increase of real world demand for bitcoin, $1700 would be a short living bubble so I'd sell and buy back after it settled on a lower rate.

Red-Apple

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Quote from: nuevo on March 23, 2016, 09:36:47 AM

Let's assume that we reach a new ATH of $1,700, what do you do?

i don't think this possible.
buy hypothetically speaking, reaching $1700 in a couple of months means a super unstable price, so i will make sure to sell most of my bitcoins (i will never sell all of them) and buy back when the bubble is over and the price is back to normal.

Topic: With the halving coming... - page 5. (Read 4172 times)