dezoel
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Leading Crypto Sports Betting & Casino Platform
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May 05, 2016, 10:19:51 PM |
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Selling Bitcoin is around this time not the best thing that you can do because the value is not even that high now and that is the problem of Bitcoin and that must change. Everyone wants to make profit with Bitcoin in a fast time and that is not possible now.
But maybe bitcoin's price decrease so it is not that bad decision and we can say that it depends on what happens in future. the price is definitely not going to decrease for at least three months in my opinion because of the block reward halving event, i think that after that the future of the price is unknown i am not selling my bitcoins right now because i think the price has a lot of potential in growing really soon thus making me some good money without any bigger efforts Well im not selling it as well im investing it before the halving moment ,and till the moment im being able to recover some bitcoins with a bigger value since i made my investment at bitcoin on 400 dollars now its a bit above.But well my advice is dont sell not now hold till you see a price that you wanna to take,if you already at proof well what will cost you to hold more some months to see the new value of bitcoin. Holding is good for a certain level of time,if you are making profits at current price then you should sell some of your coins rather then holding too long.
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lionheart78
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Activity: 2926
Merit: 1153
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May 06, 2016, 06:45:14 PM |
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there is no point of getting too greedy i think if you find profit on holding, hold it , if you find profit on selling, sell it. i bet atm those who holds their BTC when the price of it reaches its peak and never sold it until the price goes down regrets on not selling it during those time Holding is good for a certain level of time,if you are making profits at current price then you should sell some of your coins rather then holding too long.
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voztata
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May 06, 2016, 06:53:43 PM |
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Selling your Bitcoin will be not that best now indeed because I dont see also no reason to sell it because the value is not even that high so you wont get much money for it. And you can better wait a longer time if you want to sell it and it can takes indeed a long time until it will reach that high value.
I think holding for the next couple of months could be better as halving is coming so we might see higher price by then, but holding forever and not selling is something foolish thing to do. I believe on what you have said JumperX holding bitcoins forever is just a waste of bitcoins. Much better to hold bitcoins for just a couple of years or five and then sell it because we are sure that you will get some bucks on it. Yes everyone wants to make money from bitcoin and if you will never sell it then how can you expect to make profits by just holding it, sell it when you see price is higher. I don't even get the logic of "not selling bitcoins ever is profitable." Holding on to bitcoins is highly different to "not selling" bitcoins. Buy low sell high. That's just how it works whether in investing or in trading. The difference is the time-scale. It means that the price will increase and decrease but we do not have to take part in that trend and we only have to keep our coins in our wallet in order to reduce the supply and with that the price will be increased.
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prtty2gal2
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May 06, 2016, 07:47:49 PM |
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Selling your Bitcoin will be not that best now indeed because I dont see also no reason to sell it because the value is not even that high so you wont get much money for it. And you can better wait a longer time if you want to sell it and it can takes indeed a long time until it will reach that high value.
I think holding for the next couple of months could be better as halving is coming so we might see higher price by then, but holding forever and not selling is something foolish thing to do. I believe on what you have said JumperX holding bitcoins forever is just a waste of bitcoins. Much better to hold bitcoins for just a couple of years or five and then sell it because we are sure that you will get some bucks on it. Yes everyone wants to make money from bitcoin and if you will never sell it then how can you expect to make profits by just holding it, sell it when you see price is higher. I don't even get the logic of "not selling bitcoins ever is profitable." Holding on to bitcoins is highly different to "not selling" bitcoins. Buy low sell high. That's just how it works whether in investing or in trading. The difference is the time-scale. It means that the price will increase and decrease but we do not have to take part in that trend and we only have to keep our coins in our wallet in order to reduce the supply and with that the price will be increased. We should not have to sell our coins and have to use bitcoin as a normal currency for any purchase or for any transaction and in that way bitcoin will establish all over the internet and will have a good value with the passage of time.
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cpfreeplz
Legendary
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Activity: 966
Merit: 1042
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May 06, 2016, 11:02:36 PM |
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We should not have to sell our coins and have to use bitcoin as a normal currency for any purchase or for any transaction and in that way bitcoin will establish all over the internet and will have a good value with the passage of time.
Agreed. Just spend Bitcoins or save them! Don sell them for cryin' out loud!! They'll be mainstream soon enough. More a more place are accepting bitcoin all the time.
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bitlancr
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May 06, 2016, 11:19:22 PM |
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We should not have to sell our coins and have to use bitcoin as a normal currency for any purchase or for any transaction and in that way bitcoin will establish all over the internet and will have a good value with the passage of time.
Agreed. Just spend Bitcoins or save them! Don sell them for cryin' out loud!! They'll be mainstream soon enough. More a more place are accepting bitcoin all the time. Indeed selling is never good and I think holding right now is the best thing you can do for a long or short term. The bitcoin has on both ways a very good future.
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MingLee
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May 06, 2016, 11:39:48 PM |
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We should not have to sell our coins and have to use bitcoin as a normal currency for any purchase or for any transaction and in that way bitcoin will establish all over the internet and will have a good value with the passage of time.
Agreed. Just spend Bitcoins or save them! Don sell them for cryin' out loud!! They'll be mainstream soon enough. More a more place are accepting bitcoin all the time. Indeed selling is never good and I think holding right now is the best thing you can do for a long or short term. The bitcoin has on both ways a very good future. Not selling your Bitcoin is a great way to drive up the value, especially is a lot of people do it all at once. Forcing buyers to burn through cheap coins and start buying more expensive coins artificially limits the supply, and can be good if a group of people are able to coordinate and withhold their funds that way. Of course something like this would have to be done on a massive scale, but it is possible.
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ricardobs
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May 07, 2016, 01:43:15 PM Last edit: May 07, 2016, 02:00:16 PM by ricardobs |
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-snip-
Well you should have bought bitcoins when it was 300 dollars, but now wait for halving to sell it at a triple price thats what i am hoping for
Yes, do not sell your bitcoin until halving occur that is why everyone is calling hold on and never sell, but if you sold your coins and the price increased suddenly then you will lose the opportunity and will not be able to earn with halving as other people will earn.
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Next BillG
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May 10, 2016, 07:23:11 AM |
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-snip-
Well you should have bought bitcoins when it was 300 dollars, but now wait for halving to sell it at a triple price thats what i am hoping for
Yes, do not sell your bitcoin until halving occur that is why everyone is calling hold on and never sell, but if you sold your coins and the price increased suddenly then you will lose the opportunity and will not be able to earn with halving as other people will earn. It is good to hold until after the halving to make some profit. But I will hold the bitcoin for many more years.
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Cyaren
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May 10, 2016, 07:25:27 AM |
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I see bitcoin as a good investment, a good form of currency, and an excellent in the technology of the protocol of currencies.
I think you're right. It's always good that you don't sell any of your coins. Spend it instead. That makes an actually economy out of BTC.
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coinyard
Sr. Member
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Activity: 266
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
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May 10, 2016, 09:41:42 AM |
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I do some mining with the bitcoion. I pay for the equipment with fiat and earn bitcoin through mining. I do not sell bitcoin.
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stromma44
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May 10, 2016, 10:16:45 AM |
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I see bitcoin as a good investment, a good form of currency, and an excellent in the technology of the protocol of currencies.
I think you're right. It's always good that you don't sell any of your coins. Spend it instead. That makes an actually economy out of BTC.
Either you spend or sell both will benefit the price of bitcoin in long run as we need that bitcoin should be circulated in market to see more valuable coin in future.
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Oralmat
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May 10, 2016, 10:25:00 AM |
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-snip-
Well you should have bought bitcoins when it was 300 dollars, but now wait for halving to sell it at a triple price thats what i am hoping for
Yes, do not sell your bitcoin until halving occur that is why everyone is calling hold on and never sell, but if you sold your coins and the price increased suddenly then you will lose the opportunity and will not be able to earn with halving as other people will earn. It is good to hold until after the halving to make some profit. But I will hold the bitcoin for many more years. I read a most of the threads about save the bitcoins, but my answer is saving the bitcoin for halving is very good, but you should have awarness how to use the halving and how to get profit from it, othewise may be we will face the lose. Secondly if someone like to save their bitcoins for a long time, it is also good way to get profit.
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Ulloa
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May 10, 2016, 01:38:04 PM |
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We should not have to sell our coins and have to use bitcoin as a normal currency for any purchase or for any transaction and in that way bitcoin will establish all over the internet and will have a good value with the passage of time.
Agreed. Just spend Bitcoins or save them! Don sell them for cryin' out loud!! They'll be mainstream soon enough. More a more place are accepting bitcoin all the time. Indeed selling is never good and I think holding right now is the best thing you can do for a long or short term. The bitcoin has on both ways a very good future. Not selling your Bitcoin is a great way to drive up the value, especially is a lot of people do it all at once. Forcing buyers to burn through cheap coins and start buying more expensive coins artificially limits the supply, and can be good if a group of people are able to coordinate and withhold their funds that way. Of course something like this would have to be done on a massive scale, but it is possible. Around this time it is indeed not that nice to sell your Bitcoin now and that is because there are now more people that is hoping that the value will be more worth. The halving is also coming so that would be nice but it can takes a long time.
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mookid
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May 10, 2016, 05:14:21 PM |
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This is not a good advice, if people wants to see Bitcoin or other Cryptos succeed, they then need to star encouraging their expenditure! Merchants aren't going to start accepting Bitcoins if no one wants to spend them.
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ASHLIUSZ
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May 10, 2016, 05:31:31 PM |
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We should not have to sell our coins and have to use bitcoin as a normal currency for any purchase or for any transaction and in that way bitcoin will establish all over the internet and will have a good value with the passage of time.
Agreed. Just spend Bitcoins or save them! Don sell them for cryin' out loud!! They'll be mainstream soon enough. More a more place are accepting bitcoin all the time. Indeed selling is never good and I think holding right now is the best thing you can do for a long or short term. The bitcoin has on both ways a very good future. Not selling your Bitcoin is a great way to drive up the value, especially is a lot of people do it all at once. Forcing buyers to burn through cheap coins and start buying more expensive coins artificially limits the supply, and can be good if a group of people are able to coordinate and withhold their funds that way. Of course something like this would have to be done on a massive scale, but it is possible. Around this time it is indeed not that nice to sell your Bitcoin now and that is because there are now more people that is hoping that the value will be more worth. The halving is also coming so that would be nice but it can takes a long time. Speculators look halving as a source of hope since the block reward will cut in half, supply will not grow as rapidly leading handsome profits, so it is fine to sell at that moment.
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MaritiJames3
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May 10, 2016, 08:48:17 PM |
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You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.
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eddyubachs
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May 10, 2016, 08:52:52 PM |
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You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.
Agreed, but if you see a descent price then you should sell some of your coins and generate profits from it as you always have an opportunity to buy again when price falls.
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randy8777
Legendary
Offline
Activity: 896
Merit: 1000
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May 10, 2016, 09:00:40 PM |
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You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.
Agreed, but if you see a descent price then you should sell some of your coins and generate profits from it as you always have an opportunity to buy again when price falls. i also prefer to secure profits at certain price levels just to give myself some extra fiat that i can use when the price goes lower. i am always looking to get my average buying price lower and lower. with fiat aside it allows me to buy all the way down.
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chaosknight
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May 10, 2016, 09:17:48 PM |
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You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.
Agreed, but if you see a descent price then you should sell some of your coins and generate profits from it as you always have an opportunity to buy again when price falls. i also prefer to secure profits at certain price levels just to give myself some extra fiat that i can use when the price goes lower. i am always looking to get my average buying price lower and lower. with fiat aside it allows me to buy all the way down. Yeah and I think that is the best way to play with bitcoin, we are earning it to make profits and if it is allowing us to make profits on regular basis then we should make best use of it.
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