Post
Topic
Board Speculation
Re: $11k - when do you sell
by
palle11
on 08/12/2017, 15:18:01 UTC
Hey guys,

lets make it short:
1) yes bitcoin is the future and the price will increase on the long run, but:
2) we are currently obv. bubbling (what is not happening the first time).

So my question is - do you sell now in order to get a cheaper entry soon?

I think you guys agree that there has to be a price correction in the nearer future...

Thanks for your input!

The price correction is waited and has been long overdue. People are waiting for it outside while the coin is not relenting on its bullish movement. It is really confusing sort of, how the price keep trippling within a short time.

everybody who sold at 11k will bang their heads on the table.
It makes at the moment no sense to sell.
And do not come with "sell high and buy low" where is high and where is low? Nobody knows. IF this would be that easy why we r not all be billionaires already?
The bitcoin market is on a crazy ride and the speculation has taken the price to new levels and yesterday was a really crazy ride as the price raised over three thousand dollars in a day and all of the different markets were having different rates which was really crazy and those who sold at profit does not need to bang their head,i am not sure how long these rally continues,selling at profits is still a good proposal.
Yes in just 5 days $5k variation in bitcoin price this is really crazy movement in bitcoin. And this will make tempt those who came recently to this bitcoin world. i think people are now confused what to do and what not to do if they sell and the price cross $20k definitely they fell sad and if they keep the price comes down here also they feel sad.

I agree with your because so many investore are in dilemma on what to do, either to sell at this moment or keep holding. I mean, it is baffling how the price keep rising. Only 24 hours from yesterday, bitcoin price has increased to additional $3,000 from $13,000 which is making it sell at sixteen thousand dollars plus - the margin from yesterday is unbelievable  Grin