Post
Topic
Board Speculation
Re: Speculators - at what price will you sell?
by
eann014
on 16/08/2017, 14:58:05 UTC
This is a question for speculators, not hodlers.
Hodlers never sell!!!

Speculators - what is your selling price? When will you take profits in this price spike, if you haven't already?

I think the price is rising much faster than many think, and will easily be over 5k by Friday.
My guess is 8k is the peak, before a significant correction (perhaps taking it down as far as 2k, based on past volatility).
So by that reasoning, and given the severe volatility likely at the peak, I reckon sell at 6k in this price spike.

What do others think?

There will be No. limit for the bitcoin's price to increase. I think that i must sell some of my bitcoin portfolio in September to facing the next hardfork as far as i know regarding the segwit 2x

That was my point.
is that september or novemeber? i think holding while price still increasing but after some correction maybe selling will be in need 6k$ would be a good deal
as for a short goal if i needed to cash some of my btc but if i can still hold i will do that i want to see more increase before end of this year.
$6000 is a good deal but how can you so sure that bitcoin price will hit that? If that is possible this year I will also want to waitbl for that price. If only I have more cash lately, maybe I have huge amount of bitcoin right now, last time I am always cash out my bitcoin but I think this is the right time to hold it.