• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

What's the price to trade off your Bitcoin.

  • Thread starter Thread starter ahmedo24
  • Start date Start date
Peterlight said:
I bought bitcoin at $19800 and I will not sell it until it reaches $25000 cos that is the highest it can reach this year.
Click to expand...
I hope you had patience with your funds in bitcoin because bitcoin rise to an all time high of over 60k which is like tripple the amount you bought it
 
Currently I don't have any Bitcoin on hold, but I do know of someone who brought his Bitcoin I think a year ago or so and he still plans on holding it till next year
 
ahmedo24 said:
The various people holding bitcoin now got it at different rate or price though most people seem to hold bitcoin before the halving when it was $7000 to $8000 currently it is at $23000 approximately. Are you holding bitcoin, at what rate did you got it and at what price are you willing not trade it off ?
Click to expand...
Bitcoin is now at forty seven thousand dollars per one bitcoin. This is far greater than the seven to eight thousand and twenty three thousand dollars price in the time of your posting.
 
I believe that trading Bitcoin is much better than holding Bitcoin. This is because trading provides you with instant profits. On the other hand, you would need towait for a really long time if you are holding coins in your wallet and you may suffer if the price decreases.
 
With the unpredictable wave in Crypto coin especially Bitcoin, l think it's best not to sell your Bitcoin now if you already bought long time ago, then if you have already sold your Bitcoin, please look for other good coins and invest in them.
 
It is better to sell when you have made significant profit in your investment but if you are just Investing don't sell off even if the market is dipping rather you buy more because it will recover.
 
There is no point in trying to setup your bitcoin if the price is going down. The reason is that no matter what happened the price will still come up again. That is the beauty of cryptocurrency.
 
I am not bitcoin trading but it is good to sell it when the price has increase so to make good money from the business, because selling your bitcoin when the price is not appreciated you will not get more profit from it.
 
It is good to have existing strategy if it happens that you are investing in cryptocurrency like Bitcoin. You can sell all your assets once it reaches the existing points price you set.
 
Currently I do not have any Bitcoin in my possession but I know someone who bought Bitcoin at the rate of $10000 and currently the coin is trading at $42k which is a great gain for him but he hope to hold it to $100k which would be even a better gain
 
I bought and held Bitcoin when it was around the neighborhood of $36,000 and am planning to let go when the coin gets back to $60,000.
 
I do not have Bitcoin but I know someone who bought it when it was $5k and he is still holding it.
He has made a lot of interest but still wants to keep it till it reaches 100k
 
From what I'm seeing a lot of people say That the next Bitcoin halving does not necessarily mean that any bitcoin you're having in your wallet will be cut into two.
 
Wow! Cheers to those of us that are still waiting for the price of Bitcoin to drop to $100- $200 before we can invest.
 
Kubiat-Abasi said:
Wow! Cheers to those of us that are still waiting for the price of Bitcoin to drop to $100- $200 before we can invest.
Click to expand...
Lolz. It will be impossible for the price of bitcoins to drop to that point except the world finally abandon cryptocurrency. Cryptocurrency like bitcoins can never fall to that amount as we are talking now.
 
Though a lot has actually happened between then and now,the issue of bitcoin trading is basically to buy when the price is low and sell when the price becomes high.Mine is to keep it for future appriciation.
 
This is really a good topic for discussion that you have brought here because knowing when the coins are bought will really help one to know if it is profitable to sell it or not when the need arises. There is really so much to learn from this forum. Thanks for sharing.
 
I will actually choose to hold more bitcoin now and when it moves high and get to $100k ,is then I could either think of selling it off or still holding it on so that I would be able to make more gains from the market
 
ahmedo24 said:
The various people holding bitcoin now got it at different rate or price though most people seem to hold bitcoin before the halving when it was $7000 to $8000 currently it is at $23000 approximately. Are you holding bitcoin, at what rate did you got it and at what price are you willing not trade it off ?
Click to expand...
There's no price that Bitcoin would attain that I will consider to trade it off for any reason. It's either I sell part of my Bitcoin holding to meet my needs or I leave it untouched till the price rocks.
 
Blessedsam60 said:
There's no price that Bitcoin would attain that I will consider to trade it off for any reason. It's either I sell part of my Bitcoin holding to meet my needs or I leave it untouched till the price rocks.
Click to expand...
No doubt everyone has a target and the price they want to sell their coins and once that I get is hit they trade off, the best option is to have different targets.
 
You must log in or register to reply here.
Back
Top