Bitcoin Forum

Economy => Speculation => Topic started by: HappyBitCoinUser on May 21, 2013, 02:06:23 AM



Title: When will you sell?
Post by: HappyBitCoinUser on May 21, 2013, 02:06:23 AM
So for the people that are holding on now, in hopes the price will go up so they can sell for profit, when will you sell? Last crash was at $266. Will you panic sell at $250? Hold off for higher?

For those that don't want to sell, don't want profit, and are here cause you believe in BTC and don't care about real money, then move along, nothing to see here. This is just between us people trying to make a few bucks.


Title: Re: When will you sell?
Post by: Frozenlock on May 21, 2013, 02:09:36 AM
(...) and are here cause you believe in BTC and don't care about real money (...)

 ::)

I'll sell if the trend is downward, whatever the price.


Title: Re: When will you sell?
Post by: HappyBitCoinUser on May 21, 2013, 02:12:18 AM
(...) and are here cause you believe in BTC and don't care about real money (...)

 ::)

I'll sell if the trend is downward, whatever the price.

Interesting picture, is that yourself? Looks like a friend of mine. You sir have a high forehead, sign of intelligence.


Title: Re: When will you sell?
Post by: Frozenlock on May 21, 2013, 02:14:03 AM
Interesting picture, is that yourself? Looks like a friend of mine. You sir have a high forehead, sign of intelligence.

More like a sign of not many hairs.  :D

But yes, It's me.


Title: Re: When will you sell?
Post by: favelle75 on May 21, 2013, 04:15:49 AM
For me, its not about a hard price.  That's stupid.  If it increases a dollar a day on a steady climb for a year, why sell at some abstract magical number? Or, if it jumps to $300 in one day, that is too unstable, I'd sell all that day and buy back in on the way down (hopefully near the bottom).

Summary?  It all depends.


Title: Re: When will you sell?
Post by: odolvlobo on May 21, 2013, 04:50:22 AM
I sell 1% of my bitcoins every time the price goes up by 20%. I buy them back when the price drops 20%.

So, by the time the price goes up by a factor of 10, I will have sold 12% of my bitcoins.