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OmegaStarScream (OP)
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June 27, 2015, 03:02:02 PM
 #1

I really have no idea what to do next , Bitcoin is not very known (not known at all) on my country and not sure if I should sell or not
I can sell my BTC for Skrill or whatever then sell it to someone I know for our local currency , however not sure if I should do that or keep holding, I have little bit more then 1 BTC .. and I will be making some (profit only) on the future

What do you advice me , should I sell them ? because I'am afraid it will be just worst on the end 2016 (halving block reward)

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tyz
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June 27, 2015, 03:09:47 PM
 #2

Well, first can you tell us where you come from? This makes it much more easier to give you an advice.

Why are you afraid of the block halving? I guess the most are certain of it that there will be no negative impact. In contrary, it very likely will have positive impact on price. Also I guess it is not a good time to sell. The problems around Greece will push the price for the next time. So if you want to sell, wait some more days/weeks.
OmegaStarScream (OP)
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June 27, 2015, 03:14:41 PM
 #3

Well, first can you tell us where you come from? This makes it much more easier to give you an advice.

Why are you afraid of the block halving? I guess the most are certain of it that there will be no negative impact. In contrary, it very likely will have positive impact on price. Also I guess it is not a good time to sell. The problems around Greece will push the price for the next time. So if you want to sell, wait some more days/weeks.

for country , that would be algeria .
well I'am afraid that Bitcoin dies before the halving block reward , shit happens sometimes to good people  Embarrassed for what comes to greece I saw that Kim Dotcom tweet about Greece and how we should buy Bitcoin & gold but didn't really took it seriously

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stallion
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June 27, 2015, 03:21:33 PM
 #4

Well, first can you tell us where you come from? This makes it much more easier to give you an advice.

Why are you afraid of the block halving? I guess the most are certain of it that there will be no negative impact. In contrary, it very likely will have positive impact on price. Also I guess it is not a good time to sell. The problems around Greece will push the price for the next time. So if you want to sell, wait some more days/weeks.

for country , that would be algeria .
well I'am afraid that Bitcoin dies before the halving block reward , shit happens sometimes to good people  Embarrassed for what comes to greece I saw that Kim Dotcom tweet about Greece and how we should buy Bitcoin & gold but didn't really took it seriously

I think its not a good time to sell bitcoins, please try holding on for 2-3 years if possible, you will get a very good return. The price is about to drop and rise and it might not be so profitable, to deal now. One might even incur loss. And bitcoin isn't dying so soon, mate. Not from halving block, at all.

ifightformerkel
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June 27, 2015, 03:29:30 PM
 #5

When you dont need the money, than i would not sell your 1 Bitcoin.
That are only 250 Dollar, so you can lose a lot.

Maybe in a few month or years bitcoin will be very popular.
In my opinion you can more win than lose when you dont sell your bitcoin.
OmegaStarScream (OP)
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June 27, 2015, 03:37:35 PM
 #6

Well, first can you tell us where you come from? This makes it much more easier to give you an advice.

Why are you afraid of the block halving? I guess the most are certain of it that there will be no negative impact. In contrary, it very likely will have positive impact on price. Also I guess it is not a good time to sell. The problems around Greece will push the price for the next time. So if you want to sell, wait some more days/weeks.

for country , that would be algeria .
well I'am afraid that Bitcoin dies before the halving block reward , shit happens sometimes to good people  Embarrassed for what comes to greece I saw that Kim Dotcom tweet about Greece and how we should buy Bitcoin & gold but didn't really took it seriously

I think its not a good time to sell bitcoins, please try holding on for 2-3 years if possible, you will get a very good return. The price is about to drop and rise and it might not be so profitable, to deal now. One might even incur loss. And bitcoin isn't dying so soon, mate. Not from halving block, at all.

I can hold but just afraid I will regret it , and if I sell I may regret even more , It would be very nice to see the price at 1000$ or something in couple of years  Roll Eyes

When you dont need the money, than i would not sell your 1 Bitcoin.
That are only 250 Dollar, so you can lose a lot.

Maybe in a few month or years bitcoin will be very popular.
In my opinion you can more win than lose when you dont sell your bitcoin.

I can hold for whatever it takes , I'am just a teenager , I don't have bills to pay I don't have to pay for eat , I don't have to pay for rant , nothing Grin I live with my parents so yeah don't really need money

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June 27, 2015, 03:48:53 PM
 #7

Use localbitcoin, or you can follow this thread: https://bitcointalk.org/index.php?topic=238228.0
Waiting for halving time is good idea I think, it possible the price will rise because demand is more than supply.
HarHarHar9965
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June 27, 2015, 03:56:24 PM
 #8

Don;t have the fear that you will regret your decisions, live with no regrets nevertheless. You should study about bitcoin as much as you can and believe completely in what you have invested your money, the money will roll out when it should. Don't you worry about that, the good days will come but satisfy your conscience by learning as much as you can about where you have invested your money.
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June 27, 2015, 04:08:07 PM
 #9

I really have no idea what to do next , Bitcoin is not very known (not known at all) on my country and not sure if I should sell or not
I can sell my BTC for Skrill or whatever then sell it to someone I know for our local currency , however not sure if I should do that or keep holding, I have little bit more then 1 BTC .. and I will be making some (profit only) on the future

What do you advice me , should I sell them ? because I'am afraid it will be just worst on the end 2016 (halving block reward)

I'm curious how did you buy your 1BTC?
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June 27, 2015, 04:22:14 PM
 #10

I really have no idea what to do next , Bitcoin is not very known (not known at all) on my country and not sure if I should sell or not
I can sell my BTC for Skrill or whatever then sell it to someone I know for our local currency , however not sure if I should do that or keep holding, I have little bit more then 1 BTC .. and I will be making some (profit only) on the future

What do you advice me , should I sell them ? because I'am afraid it will be just worst on the end 2016 (halving block reward)

I'm curious how did you buy your 1BTC?

probably via skrill, seeing how he mentioned it, for selling or via mining 2 years ago

OP@ you should not sell now ever, the price has just started to recover, would be silly to dump for a few pennies

do you need desperately the money right now? then ok, go ahead and sell, otherwise, if you don't need them for an emergency hold, because 2016 will bring some good surprise
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June 27, 2015, 04:29:21 PM
 #11

learn more about it and make your own decision:

https://www.youtube.com/watch?v=O0oDDIy0P2s

OmegaStarScream (OP)
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June 27, 2015, 04:38:39 PM
 #12

I really have no idea what to do next , Bitcoin is not very known (not known at all) on my country and not sure if I should sell or not
I can sell my BTC for Skrill or whatever then sell it to someone I know for our local currency , however not sure if I should do that or keep holding, I have little bit more then 1 BTC .. and I will be making some (profit only) on the future

What do you advice me , should I sell them ? because I'am afraid it will be just worst on the end 2016 (halving block reward)

I'm curious how did you buy your 1BTC?

probably via skrill, seeing how he mentioned it, for selling or via mining 2 years ago

OP@ you should not sell now ever, the price has just started to recover, would be silly to dump for a few pennies

do you need desperately the money right now? then ok, go ahead and sell, otherwise, if you don't need them for an emergency hold, because 2016 will bring some good surprise


For the user above , as I said onthe thread no I didn't buy any Bitcoin , those has been earned 100% profit so didn't use any money to get it . and it was this year (because I was selling my Bitcoin on 2014 but decided to hold them)

for what comes to your question Amph , Money is the last thing I need now I don't need it at all , as I reponsded to the user above I'am just a teenager and I have all I need I have no rant , don't need to buy food , don't need to pay bills or whatever , just living my with my brothers & sisters and my parents Grin and enjoying working online .
ty for your suggestions and helpful comments everyone

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June 27, 2015, 04:46:20 PM
 #13

1 BTC is nothing, unless you are from a very poor 3rd world country or something. I would say keep holding and keep buying and try to put some of it into use once you get a decent 5 BTC base (isolate 1 BTC to trade with it, loans, gamble, whatever)
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June 27, 2015, 05:06:22 PM
 #14

1 BTC is nothing, unless you are from a very poor 3rd world country or something. I would say keep holding and keep buying and try to put some of it into use once you get a decent 5 BTC base (isolate 1 BTC to trade with it, loans, gamble, whatever)

I don't think I'am from the mentioned country  Roll Eyes I said i'am from algeria which is very rich of oil and gaz .
I know it's nothing and I most likely can make 5 BTC from now till the end of the summer but I will still have the same question "sell it or keep it"

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June 27, 2015, 05:28:52 PM
 #15

What do you advice me , should I sell them ? because I'am afraid it will be just worst on the end 2016 (halving block reward)

Why would it get worse with the block halving? If anything the price should go up and hopefully bitcoin will already be worth much more by then. If you need the money then cash it out in whatever way is easier, but if you don't then I'd personally hold it for a year or two as an investment and see where it is then.
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June 28, 2015, 09:48:54 AM
 #16

I don't think I'am from the mentioned country  Roll Eyes I said i'am from algeria which is very rich of oil and gaz .
I know it's nothing and I most likely can make 5 BTC from now till the end of the summer but I will still have the same question "sell it or keep it"
People are talking about 1000's and more, your worries are only about 5 BTC, there are people who invested huge money on bitcoins and awaiting confidently and patiently for the rise in bitcoin value, you have to note one thing, we shouldn't count bitcoin only for the purpose of buying and selling exchange rates value, we should look at the Bitcoin as a digital currency with a revolution technology called as an open accounting system which enables us to send payment securely and safely without being controlled by any central authority.

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June 28, 2015, 09:54:56 AM
 #17

well I'am afraid that Bitcoin dies before the halving block reward , shit happens sometimes to good people  Embarrassed

Bitcoin will die not out of nothing. There is much economical uncertainty which usually helps alternative "goods" like Bitcoin.
It only will struggle or fail if some flaws come up. I don't see such flaws at the moment. Life is always to take risk. No one here can give you an appropriate advice. You have got some information and now you need to decide on your own.
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June 28, 2015, 11:25:01 AM
 #18

i can suggest you to hold it, im pretty sure that this is just the beginning and things will change a lot in the next years, so maybe the best thing you can do is just to hold it.

Bitcoin is not very known (not known at all) on my country and not sure if I should sell or not

dont worry about your country, bitcoins is the money of the world, not like a fiat money in your country, dont know if you understand what i wantto say Wink, so dont worry about it.

IMHO #1.b of suspects, Hal Finney is/was S.N.
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June 28, 2015, 02:02:23 PM
 #19

For chrissake, in Algeria, keep your coin, sell only a fraction at the time if you really really have to.
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June 29, 2015, 09:03:10 PM
 #20

I really have no idea what to do next , Bitcoin is not very known (not known at all) on my country and not sure if I should sell or not

Well ask yourself do you believe bitcoin will be liked when it is "known" more by your country?

I can sell my BTC for Skrill or whatever then sell it to someone I know for our local currency , however not sure if I should do that or keep holding, I have little bit more then 1 BTC .. and I will be making some (profit only) on the future


Do you not want anything to do with bitcoin because if you only have one then what is the problem? It sounds like you have invested more than you can afford to lose and are a little scared. Cash out enough that you will be happy to stay with and not have fear of loss over bitcoin.

What do you advice me , should I sell them ? because I'am afraid it will be just worst on the end 2016 (halving block reward)

As I said above what I advise, only invest what you can afford to lose fella. Sell how ever much of that coin you need to calm you down and enjoy and have hope bitcoin.

When the halving arrives and bitcoin becomes a little more rare and half the amount of coins dumped daily, why would that make you affraid?
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