Bitcoin made a move time to sell!

CryptoGuru Level X³

1

November 9, 2016, 4:10 pm

12

Bitcoin made a move time to sell!

We have all been watching the election and Bitcoin waiting for it to make a move. Bitcoin for the past week has been hitting a high resistants if 698 to 700. This usually indicates that we will see an increase or a rally shortly after. The prediction i made was correct and Bitcoin made a move early morning this morning. Below shows half of a chart for today showing the increase i was talking about.



I think the time to sell was when it hit 720 earlier today. If your wondering on whether you should invest or buy now my recommendation would be no. When Bitcoin rises like this and then holds it usually means a short decline before stabilizing. If you check the chart below which is the second half you will see the decline start to happen along with the stabilization. If its stabilized why not invest? Bitcoin is now showing a down trend short term and investing now to result in loss.





As always thank you for reading please don't forget to follow me.

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Lynne

Lynne

It looks like I should have bought at the time I created my eToro virtual account and started playing around with it! Thanks for the update.

0 8 years ago

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tophew

tophew

i miss those day's where in bitcoin is worth 1 dollars but now as of 2017 its around 4000 plus US dollars so huge. i hope bitcoin price will fall to 500 dollars so that i can buy many bitcoin.

0 7 years ago

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gelotologist

gelotologist

I agree, bitcoins that cost or worth 1 dollars is awesome but I guess people tend to used or buy bitcoins all the time that's why it keeps on raising and the scary part is it wouldn't stop or wouldn't even go low, like it just pause on the amount and it keeps on growing.

0 7 years ago

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overcast

overcast

The current rate for the bitcoin 1BTC = 4599 USD right now. And by the end of the day this price can go high. So you have to make the sales now. Because once the price goes down. I don't think it'd be easy to see it rising. On that point I'd say BTC is going to be a good market for now. I think ripple and the ether is something you may want to invest as well. So if you can do then surely that's worth going for as well. You may also want to take a look at the other currencies like say ether, litecoin, lumens etc. That's a good option for investment.

0 7 years ago

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Barida

Barida

I know that what determines what happens in the bitcoin market is all about how events in the US turns out and since it has risen to an all-time high with speculation of falling. I think selling it now is quite okay so that one can get to buy when it is at a low price as well. This is just about understanding the pattern.

0 7 years ago

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Blank629

Blank629

The price of 1 bitcoin now is so high. If I know in the past all about bitcoin, I should buy it before. Anyways, I do anything now to have a bitcoin. I can buy anything now in bitcoin. I hope it will go down a little bit so that I can buy some of it.

0 7 years ago

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vinaya

vinaya

Currently, bitcoin is priced at 4804.99 USD. I have never bought bitcoins, however, I have earned bitcoin by writing online. I once was in a site that paid in bitcoin and paypal. I chose bitcoin payment. When I received my first bitcoins, it was $400. During that time, I did not know the true value of bitcoin therefore, I converted bitcoins to USD and withdrew cash. I received $400 worth bitcoins from that writing site. I invested that amount in a high yield investment program. It was a risky investment, however, I was able to make $1000 worth bitcoin from the investment. I wish I had not spent bitcoins.

0 7 years ago

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overcast

overcast

Yes currently it has crossed the 5500 mark. And it continues to climb. I am just trying to find out. If the people with 100 bitcoins are rich by now. Though selling those coins would not make anyone instant rich. They have to find good number of exchangers. And also have to wait for the right set of the people to trade that. Because you can get ditched as well. That's something you have to check out too.

0 7 years ago

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Blank629

Blank629

Bitcoin will continue to rise so it must be better to buy now and sell it if bitcoin rises. You all can see how far bitcoin reach. If I know before about cryptocurrency, maybe now I have lots of money. Anyways, it is not the time to think the past. It about to think the future. I am willing to take the risk and buy some bitcoins.

0 7 years ago

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augusta

augusta

This is still my regrets for not investing in Bitcoin early last year,infact the little I claimed from the faucet I sold them cheaply last year and now faucet are hoarding their satoshi and one can't even earn anything tangible from hours of claiming.Bitcoin price is exploding by the day, we need to start investing them against the coming year.

0 7 years ago

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chrisbarett

chrisbarett

Wow, that is a very useful thread, I am very happy to see such people who are informing other traders, Only this way the community of traders can support each other to earn more and more. thank you a lot for this thread. I am also a trader and last few years I trade with cryptocurrency only because it changes in price very often so there are more possibilities to fix some nice profit. I trade at a very clear and modern platform OQEX. really love for a low commission and a high speed of the transaction. Also, there are no lags, but every second is important when you trade, especially in scalping.

0 5 years ago

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milaniagreen

milaniagreen

Although Bitcoin is a relatively new technology, it is quickly becoming a sensation that more and more online platforms are accepting as a payment method. Many online casinos have also added bitcoin as an acceptable payment method, and the list of approving participants is growing. I advise you to learn more about them here https://nativenewsonline.net/adver...ambling-websites

0 3 years ago

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