Quote from: raven7886 on December 11, 2017, 07:14:39 PM

Quote from: TopherB on December 07, 2017, 03:19:48 PM

Quote from: Cacaparg on December 07, 2017, 03:00:13 PM

Hi community, now btc is more then 15500 wha do you think - when is better to sell it? when price will go down?

Depends when you bought it. If it has doubled or more since then take your original investment out. Now no matter what you can't lose. If it rises still more sell a little more to buy some after a major correction.

Never look at the more you could have made. Look at the profit you did make.

Well, that would be effective for someone who is trading but for some who is holding and does not know how to trade, it is something I won't even bother myself about. However, it is a good suggestion, most especially for those who can know when a bull run is about to start and when the likelihood of a bearish is about to happen. With that, one can do some good trade in the process.

No one can exactly tell that when will the bitcoin price go up and when it has to come down. These are all raw estimates and guessing kept in mind with the previous situation. Bitcoin price normally goes down when there is a hard fork, which probably according to the news flowing around is happening on 15 December. Correction also brings bitcoin price down and most importantly the whales manipulation, when the whales throw bitcoin into huge quantity for sale to create panic in the people. These factors are not effective on the long term holders usually.