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Question: Are you holding bitcoins?
Yes, i wait for price increase
No
I dont have any bitcoins
I have too much of it to hold

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Author Topic: Are you holding your bitcoin for a price increase?  (Read 247062 times)
tabas
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May 28, 2016, 10:40:57 AM
 #3281

I think the received nt price increase is a good chance to profit so I'll be selling some btc. The price will certainly see some downward fluctuation prior to the halvening so I'd be able to get more bitcoins in the end by reburying.


Nice so why not holding for a bitcoin price increase when hold everyone for bitcoin price increase then some time after sell the bitcoin they will get  more profit with bitcoin.

I agree it is better if you are going to hold bitcoin today because for sure price will increase and it already happened today it reached $500, but possibility of dump is always there.
But we need to be positive so that positive outcome will also come. And hoping that it will reach higher than $500.

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katrimans
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May 29, 2016, 05:12:36 AM
Last edit: June 05, 2016, 03:13:12 AM by katrimans
 #3282

I think the received nt price increase is a good chance to profit so I'll be selling some btc. The price will certainly see some downward fluctuation prior to the halvening so I'd be able to get more bitcoins in the end by reburying.


Nice so why not holding for a bitcoin price increase when hold everyone for bitcoin price increase then some time after sell the bitcoin they will get  more profit with bitcoin.

yes we should wait for price increase of bitcoins
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May 29, 2016, 07:20:01 AM
 #3283

$520 seems like the new floor.
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May 29, 2016, 08:23:20 AM
 #3284

The stragey  should be that we sell when price is high and wisely again wait for price to be low to buy and  increase your coins quantity. The goal here is to increase your hold coins (while the price is low).
Yeah. I agree with you. That's how we do it to earn profit, selling when the price is high and buying when the price is low. We need to wait for the perfect timing to sell or to buy, making sure that we can earn from it. IMO we need to be careful about that, because when we sell or buy in the wrong timing, we can have less rather than more.
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May 29, 2016, 08:25:19 AM
 #3285

The stragey  should be that we sell when price is high and wisely again wait for price to be low to buy and  increase your coins quantity. The goal here is to increase your hold coins (while the price is low).
Yeah. I agree with you. That's how we do it to earn profit, selling when the price is high and buying when the price is low. We need to wait for the perfect timing to sell or to buy, making sure that we can earn from it. IMO we need to be careful about that, because when we sell or buy in the wrong timing, we can have less rather than more.

Well that is the common practice when doing trades in bitcoin.

Just keep in mind that there is no exact price to considered the price as "high" and "low"

If you can afford to buy coins at "that rate" then just go on.

If you already made profits it's not wrong to sold your coins at "that rate".

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jhenfelipe
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May 29, 2016, 08:38:39 AM
 #3286

The stragey  should be that we sell when price is high and wisely again wait for price to be low to buy and  increase your coins quantity. The goal here is to increase your hold coins (while the price is low).
Yeah. I agree with you. That's how we do it to earn profit, selling when the price is high and buying when the price is low. We need to wait for the perfect timing to sell or to buy, making sure that we can earn from it. IMO we need to be careful about that, because when we sell or buy in the wrong timing, we can have less rather than more.

Well that is the common practice when doing trades in bitcoin.

Just keep in mind that there is no exact price to considered the price as "high" and "low"

If you can afford to buy coins at "that rate" then just go on.

If you already made profits it's not wrong to sold your coins at "that rate".
Nice tip. We can't mention numbers here and say that it's price is high or low. It depends on the owner indeed Cheesy If he think that it's okay to buy/sell at that rate, then he can. He knows if he will earn profit from it or not  Grin
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May 30, 2016, 08:53:43 AM
 #3287

I don't hold it for price increase but what I do is much like that. I spend my bitcoin at trading sites to by some cheap alt-coin with good potential then hold it for a week or even a month to sell it at higher price. Bitcoins movement is not that big compared to some alt-coins where your profit can be thrice bigger than your capital. Plus can't buy 1 btc and wait for it to sold at 50% profit. It takes too long time than alt-coin. Smiley
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May 30, 2016, 09:01:17 AM
 #3288

I have a long-term target for my coins. I will sell a part of my Bitcoin horde, only when BTC cross the $10,000 per coin mark. I don't know how much time it is going to take. I am waiting for the last 4 years, and I have the patience to wait for another 10 or 20 years. Even if Bitcoin becomes worthless at some point in the future, I won't be much bothered about it. It is not a life or death situation.
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May 30, 2016, 09:36:42 AM
 #3289

I have a long-term target for my coins. I will sell a part of my Bitcoin horde, only when BTC cross the $10,000 per coin mark. I don't know how much time it is going to take. I am waiting for the last 4 years, and I have the patience to wait for another 10 or 20 years. Even if Bitcoin becomes worthless at some point in the future, I won't be much bothered about it. It is not a life or death situation.
Nice plan, bryan. But it will be a regretful thing if its price become worthless since you have waited for several years. And people always be greedy. When someday its price can reach $10,000, I guess you will waited it more until hit $15,000.

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May 30, 2016, 09:45:48 AM
 #3290

Nice plan, bryan. But it will be a regretful thing if its price become worthless since you have waited for several years. And people always be greedy. When someday its price can reach $10,000, I guess you will waited it more until hit $15,000.

Bitcoin is a very risky investment and I understand it. I am fully aware that there is a good chance of Bitcoin becoming completely worthless in the future. If that happens, then I will be disappointed, but not heart-broken. And I have set strict guidelines for the future. I am going to sell 50% of my coins once the exchange rate touch $10,000 per coin. I will not wait for the prices to increase any further.
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May 30, 2016, 09:48:25 AM
 #3291

I have a long-term target for my coins. I will sell a part of my Bitcoin horde, only when BTC cross the $10,000 per coin mark. I don't know how much time it is going to take. I am waiting for the last 4 years, and I have the patience to wait for another 10 or 20 years. Even if Bitcoin becomes worthless at some point in the future, I won't be much bothered about it. It is not a life or death situation.
Nice plan, bryan. But it will be a regretful thing if its price become worthless since you have waited for several years. And people always be greedy. When someday its price can reach $10,000, I guess you will waited it more until hit $15,000.
I think he is investing only a portion of his portfolio in which he can afford to lose. That's actually a good thing. It will not be the end of the world for him if bitcoin turns out to be worthless in the future. People with such patience and mindset are usually the ones who are rewarded the most.
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May 30, 2016, 09:51:05 AM
 #3292

$520 seems like the new floor.

I think it's more likely that $530 is the new floor as the price touched $365 yesterday I think and it has gone down since then but it seems to be hovering around the $535 mark as of now. I thought we would have at least $550 today but unfortunately the pump has stopped. Do you think this is a normal correction of the price factoring in the upcoming halving or is it just a common pump and dump on a smaller scale? I think the real pump hasn't started yet as there is still more than a month until the halving.
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May 30, 2016, 10:25:06 AM
 #3293

Yes I am. Although i am not sure how how the price can go. I hope it give me some nice profit in a few years. But we have to wait to see what will happen right.
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May 30, 2016, 10:44:34 AM
 #3294

Bitcoin is a very risky investment and I understand it. I am fully aware that there is a good chance of Bitcoin becoming completely worthless in the future. If that happens, then I will be disappointed, but not heart-broken. And I have set strict guidelines for the future. I am going to sell 50% of my coins once the exchange rate touch $10,000 per coin. I will not wait for the prices to increase any further.
Well, its good to know that you have solid plan Smiley Then do you still wait it if someday its price decreased a lot and you have a chance to sell it at that price before it become worthless?

I think he is investing only a portion of his portfolio in which he can afford to lose. That's actually a good thing. It will not be the end of the world for him if bitcoin turns out to be worthless in the future. People with such patience and mindset are usually the ones who are rewarded the most.
Even though its just a small part, but still it will be a regretful if you lose it just because too patient on it. Btw I agree with you, a very patient people will get nice reward in future Smiley

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May 30, 2016, 10:48:49 AM
 #3295

Yes I am. Although i am not sure how how the price can go. I hope it give me some nice profit in a few years. But we have to wait to see what will happen right.

I definitely will hold my Bitcoins for the next price increase like you. It is expected to happen after the next halving which will take place on next year. I think that the majority of Bitcoin users  are waiting for this exciting moment to profit. Even still, I spend some BTC to buy goods such as physical coins and etc...
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May 30, 2016, 10:53:42 AM
 #3296

Yes im holding it long time ago, ive just save up 0.4 in my wallet , im preparing for bitcoin halving next month
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May 30, 2016, 11:12:35 AM
 #3297

Yes im holding it long time ago, ive just save up 0.4 in my wallet , im preparing for bitcoin halving next month

Good, hold it, majority of people are following the same, no one can afford to sell now, price is moving up in a great speed so we can expect some good value at the time of halving.
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May 30, 2016, 01:54:46 PM
 #3298

Yes im holding it long time ago, ive just save up 0.4 in my wallet , im preparing for bitcoin halving next month

Good, hold it, majority of people are following the same, no one can afford to sell now, price is moving up in a great speed so we can expect some good value at the time of halving.
The most people with Bitcoin are now indeed waiting for a nice price increase and that is because they think that the value will be higher in the future and the halving is also coming towards to us.
But it will be really hard to know what will happen in the future with Bitcoin but holding will be now the best thing that you can do with Bitcoin.
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May 30, 2016, 01:57:19 PM
 #3299

Yes im holding it long time ago, ive just save up 0.4 in my wallet , im preparing for bitcoin halving next month

Good, hold it, majority of people are following the same, no one can afford to sell now, price is moving up in a great speed so we can expect some good value at the time of halving.
The most people with Bitcoin are now indeed waiting for a nice price increase and that is because they think that the value will be higher in the future and the halving is also coming towards to us.
But it will be really hard to know what will happen in the future with Bitcoin but holding will be now the best thing that you can do with Bitcoin.


The future of bitcoin is good as will see better and higher bitcoin in future, so holding is the choice of all the user and no one wants to play with their profits at this stage.
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May 30, 2016, 04:12:04 PM
 #3300

yes, I am currently on hold while collecting bitcoin. I have a hunch that is strong enough that the price of bitcoin will be higher than at present, and perhaps when the price of bitcoin rose to the highest price, maybe I'll sell bitcoin I have, then I will bring them together again, well I hope that it will made me get profit very much

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