Is it good to sell at low prices ?

[5thStreetResearch]

I've been wandering if it is best for bitcoin (1) to be sold at low prices (to new people) .
Or (2) just sell when it's extremely profitable when it reach 1000$ ++.
Because if (1) it means more people in the community more bitcoins traffic more happy winners ... You get the point .
If (2) the winners here are only those who already got some bitcoins and hodling to them (less happy people) .

So what do you think ?

It depends on if you like money or not?  Selling things when they are low is a good way to ensure you dont have money for very long.

[semaforo]

 1- Pull all of your money out of the bank and buy bitcoin.
 2- Convince everyone you know to do the same, and to convince everyone they know to do the same.
 3- Watch as the value of your bitcoin goes up.
 4- Watch as the pressure builds on central banks worldwide.
 5- Watch the volatility as the central banks scramble to ban bitcoin, but realize it is too late.
 6- Watch them crack as the issuing power of currency is put into the hands of the people, and millions of bureaucrats go to work in gulags (aka organic country living/serfdom) since their skills are obsolete.
  7- Watch the pasty faced, overweight bureaucrats develop a healthy glow from good food and fresh air, and develop a new folk culture.

 In other words EVERY TIME YOU SELL THE PRICE GOES DOWN!!! DON'T SELL!

    Every time you use fiat, let alone buy it, you are voting for the current status quo and supporting the current elite. The new elite will be corrupted with time, but at least it will give us some breathing room for a while...

[zzojar]

Well, compared to $100, $450 is a high price. So if you think the market is going to $100-$200, then sell now and buy again later.

[hulk]

Sell low Buy high, that's the new trend.

[zolace]

If you want other peoples to have bitcoin then you can give them ,but if you think that selling it when it has a low value will help people is wrong.Bitcoin should be used not only to make a profit as its value but also should be use to buy things!

[semaforo]

  Hey people!!


  If you buy low and sell high you are winning and other people are losing. What goes around comes around!

If everybody buys and holds then the prices always go up and never go down!

[Bit_Happy]

Is it good to sell at low prices?
For the people who make money off of you, yes.
Good, very, very good...

[MikeMark]

Money is what it is.

Buy low, sell high really means:

Exchange your other goods for money when they are worth lots of money and exchange your money for other goods when your money will purchase more.

One of the nice things about free market money is that it acts as a feedback system on the economy. When too many goods are created, money is worth more, it can be exchanged for more goods. When too much money is in the economy, it takes more money to buy the goods you want or need.

Buying Bitcoin "low" and selling it "high" means that you were able to predict the direction of the money supply and goods available in the economy.

Right now, it looks like lots of people think that trading 1 Bitcoin for $480 is selling "high". Do you think that trading $450 for 1 Bitcoin is buying "low"? Then by all means, make the trade!

I think I paid about $12 for my first Bitcoin(s). I felt that the risk was easily worth what the potential appeared to be. I was lucky and I was right. However, there are lots of forces going on here now. There are many Altcoins that impact this marketplace. Governments are getting involved. People have been hurt by the "it will go up forever" attitude.

Do I believe that Bitcoin has reached an intermediate low in terms of dollars? Not sure. Could it go down further? Yes. Do I believe it will go down to $12 again soon? No. Could it go down to $200? Yes!

Do I believe it will stay "low" for a long time? No. What is my prediction?

It will cost you BTC0.077 to receive that at this time.
Price subect to change.

You will get a complete graphical price history and reasoning for your money, along with predictions for the future and a way to understand what can occur.

PM me. Knowing could make you $1000s!  


Enjoy,

-MikeMark

[Onar]

I think the trhead starter has a good point. His argument is regards to get new people into the bitcoin market, to achieve this they must be offered a low price. But many replies regards to earn as much money as possible to themselves. Then, yes buy at low price and sell on high is good for a individual. But this strategy will hurt bitcoin as a mainstream currency. Such strategies will just underline that it is not a currency but a commodity, and thereby not will be adopted by mainstream people.

But many speculate just for their own gain, and thereby desentralized philosophy and anarchy against the established just falls on the selfish gain. In general its not any better than a financial instiution, the difference is that htere is an individual that gain compared to a organisation.

Bitcoin does not exist to be adopted and profited from, it exists on its own merit, you choose to adopt it or not, you consider its utility and use your own subjective value judgment to determine the price you are willing to pay.

As I pointed out just 1 page back only buying low and selling high accelerated adoption, selling low allows someone else to profit.

To illustrate Please sell me your Bitcoins @ 15% below market value, I promise to adopt Bitcoin if you do... then sell Bitcoin at market price and profit.   

We are not living in an ideal world, and as someone says here to sell on low and buy on high is the safest way to get broke. Since I not speculate in bitcoin nor myself would sell on low and buy on high even if I was.  But in general was bitcoin as I understood created to be the opozite of the sentralized and capital system. So to bad that people speculate with it just as rich people in the capital and finance world. The difference is not so big, I pretty bet there is sitting som pretty big bitcoins kings here and there, just like the giants in the real world. Also exchanges are poping up like mushrooms...just because its smelling profit.

Just a thought...

But private I have no problems with it.