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Author Topic: Sell Everything?  (Read 101423 times)
NEWGOODOUBLE
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March 01, 2017, 11:31:23 AM
 #1401

Some newcomers such price drop is taken very seriously. After Bitcoin will become cheaper by $ 100, they begin to hysteria and sell everything

It's a common practice in basically every market. They panic sell at a loss when the price goes down, and they buy back their coins at a premium at the time the price goes up again. Point is that they after a while figure out what they did wrong, so they won't make the same mistake again. And there are always people that never learn as they continue to make rookie mistakes. These people should just quit trading.
There are people that are natural trades and there are people that are not, so for those that cannot stomach seeing the price of bitcoin going down then it is better for them to get out of trading for the rest of their lives.
for those who just came in and did not have much experience against their trading Akak tend to panic on price changes and tend to sell everything that does not apply to people who have more experience against trading

you are right, if people are prone to hysterics, then it is better not to engage in trade. They may succumb to panic and sell all of its assets at the wrong time. And then all my life regret and complain about cryptocurrency
therefore if you make trades or hold many bitcoin. stay calm despite the panic occurred. because if you come with a panic maybe it will count against you. which is important to remain calm and do the analysis before selling or buying
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March 01, 2017, 11:50:42 AM
 #1402

Some newcomers such price drop is taken very seriously. After Bitcoin will become cheaper by $ 100, they begin to hysteria and sell everything

It's a common practice in basically every market. They panic sell at a loss when the price goes down, and they buy back their coins at a premium at the time the price goes up again. Point is that they after a while figure out what they did wrong, so they won't make the same mistake again. And there are always people that never learn as they continue to make rookie mistakes. These people should just quit trading.
There are people that are natural trades and there are people that are not, so for those that cannot stomach seeing the price of bitcoin going down then it is better for them to get out of trading for the rest of their lives.
for those who just came in and did not have much experience against their trading Akak tend to panic on price changes and tend to sell everything that does not apply to people who have more experience against trading

you are right, if people are prone to hysterics, then it is better not to engage in trade. They may succumb to panic and sell all of its assets at the wrong time. And then all my life regret and complain about cryptocurrency
therefore if you make trades or hold many bitcoin. stay calm despite the panic occurred. because if you come with a panic maybe it will count against you. which is important to remain calm and do the analysis before selling or buying
Yes that is true. Before doing any kind of decision even it is buying or selling we still need to do analysis to make sure that we are doing right because if we are greedy and we just let our emotions to win over our mind then it will result for even worse than we thought.
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March 01, 2017, 06:04:04 PM
 #1403

I have many friends who are willing to sell all their savings Bitcoin because of what is now the high price of cryptocurrency. They bought Bitcoin for 500 and for sale in 1100 for them to be profitable. But they do not because of the panic, but because of what is considered a logical sale

The bitcoin price will rise again. So it is better not to sell.

It's obvious that the price will rise again and that's for sure that will happen for the next months. As of now, the price is quite calm at $1,170 - $1,190+ and if we we'll just be patient we can harvest the profit that price will increase soon. I regret that I sold some of it when the price was lower than $560, a very bad move for a panicking trader.

you should never regret selling bitcoin as long you needed the money. otherwise in case you don't need the money and sell the coins just because price looks iffy you are making a big mistake.
of course you may also be selling if you think price will come down tomorrow and you plan on buying cheaper coins.
yes i also agree with you i think selling bitcoin in present time when the price of bitcoin is increasing continuously, will be a big mistake. i will never sell my bitcoin in the current price because i am 100 % sure that the price of bit wil cross 2000 USD level very soon and we are going see that price of bitcoin trading above 2000 USD in near future.

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March 01, 2017, 07:52:27 PM
 #1404

Some newcomers such price drop is taken very seriously. After Bitcoin will become cheaper by $ 100, they begin to hysteria and sell everything

It's a common practice in basically every market. They panic sell at a loss when the price goes down, and they buy back their coins at a premium at the time the price goes up again. Point is that they after a while figure out what they did wrong, so they won't make the same mistake again. And there are always people that never learn as they continue to make rookie mistakes. These people should just quit trading.
There are people that are natural trades and there are people that are not, so for those that cannot stomach seeing the price of bitcoin going down then it is better for them to get out of trading for the rest of their lives.
for those who just came in and did not have much experience against their trading Akak tend to panic on price changes and tend to sell everything that does not apply to people who have more experience against trading
It's a natural thing, When you invest a lot of money on an investment and the current prices down then you would think to cover your losses by selling everything and also i think experience does play a part of this but your mentality that can induce you to sell or not, when the price falls.

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March 01, 2017, 09:25:25 PM
 #1405

At this stage any option related to bitcoin, being investing or selling it can damage you in the future, if i had hold i would had made some extra money, but well, altcoins looks like doesnt able anymore to hold the pression of bitcoin and are dropping too fast, soo maybe its time to focus at bitcoin or dash that has jumped 50% this week.
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March 02, 2017, 01:21:21 AM
 #1406

I personally don't think that it is a good idea. Because things are looking great for the Bitcoin
The price of the Bitcoin keeps growing and also does the community so I personally won't sell everything I have.
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March 02, 2017, 02:03:56 AM
 #1407

Wrong move if you sell your bitcoins right now. You can see that price is going up day by day , so its better to buy and buy bitcoin right now ,to get big return after 3 months.
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March 02, 2017, 02:22:18 AM
 #1408

Wrong move if you sell your bitcoins right now. You can see that price is going up day by day , so its better to buy and buy bitcoin right now ,to get big return after 3 months.

The price now is at $1,200 and think about if you are going to sell now. We are still hoping for some big investors to invest with bitcoin for this year and for the next years to come. And we'll if you are a long time trader, you will wait for some more time before selling. But I can't help myself sometimes I need to force myself to sell some when there's a need.

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March 02, 2017, 05:03:54 AM
 #1409

Wrong move if you sell your bitcoins right now. You can see that price is going up day by day , so its better to buy and buy bitcoin right now ,to get big return after 3 months.

The price now is at $1,200 and think about if you are going to sell now. We are still hoping for some big investors to invest with bitcoin for this year and for the next years to come. And we'll if you are a long time trader, you will wait for some more time before selling. But I can't help myself sometimes I need to force myself to sell some when there's a need.
It's stupid to sell now while seeing the price is still moving up, let's not waste this opportunity to earn more and learn to discipline yourselves to be patient. Selling is just like ending our opportunity to earn and we never know when will this price stop and will fall again.
After March 11, we will determine what would be the possible movement of price but this time it's still good to hold.

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FrannWilder
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March 02, 2017, 11:58:11 AM
 #1410

Wrong move if you sell your bitcoins right now. You can see that price is going up day by day , so its better to buy and buy bitcoin right now ,to get big return after 3 months.

The price now is at $1,200 and think about if you are going to sell now. We are still hoping for some big investors to invest with bitcoin for this year and for the next years to come. And we'll if you are a long time trader, you will wait for some more time before selling. But I can't help myself sometimes I need to force myself to sell some when there's a need.
It's stupid to sell now while seeing the price is still moving up, let's not waste this opportunity to earn more and learn to discipline yourselves to be patient. Selling is just like ending our opportunity to earn and we never know when will this price stop and will fall again.
After March 11, we will determine what would be the possible movement of price but this time it's still good to hold.
You are right things are looking good for the bitcoin and the price keeps on rising little by little each day. If you are going to sell it now you will be let down if look at the price over a couple of weeks for example.
And I personally think and hope that the Price of the Bitcoin will be $1.500 by the end of this month. Grin
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March 02, 2017, 12:26:33 PM
 #1411

At this stage any option related to bitcoin, being investing or selling it can damage you in the future, if i had hold i would had made some extra money

You should allocate a certain amount of coins for each option (e.g. trading, holding, investing). In that case you will benefit from several situations at the same time. That's also what I do - except the investment example. I have different wallets containing a certain amount of coins purely for trading purposes, and different wallets that I have for long term holding purposes. Why focusing on just one thing when you can do more things at the same time? Never limit yourself when you don't have to. Wink

altcoins looks like doesnt able anymore to hold the pression of bitcoin and are dropping too fast, soo maybe its time to focus at bitcoin or dash that has jumped 50% this week.

People mostly jump into altcoins at the time the Bitcoin price is going down, and vice versa. That very well explains why altcoins aren't doing well currently. Dash is definitely an exception as they have seen the price explode in value to insane levels. I must however note that you shouldn't focus too much on Dash as this pump (because that's what it is) won't last endlessly.
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March 02, 2017, 01:41:52 PM
 #1412

You shouldn't sell everything because it might have no good effect of btc economy for now and holding the remaining balances can be profit gaining in the future rise and fall. For now you may just sell few of it for own good purposes that is useful for your needs and that profit is very important for spending and investing for another optional profit gaining businesses, whether a fiat or bitcoin investments.
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March 02, 2017, 02:13:56 PM
 #1413

You dont need to sell everything only sell the amount you need. Because investing in bitcoin right now is the best way to do. Holding it for a long time maybe 3 years will give you huge profit that you didnt expected.

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March 02, 2017, 03:04:42 PM
 #1414

You dont need to sell everything only sell the amount you need. Because investing in bitcoin right now is the best way to do. Holding it for a long time maybe 3 years will give you huge profit that you didnt expected.
That is true. Don't sell everything and just keep hodling bitcoin because the price seems about to increase even more and that is the best for long term hodlers. Just sell the amount or worth of bitcoin that you need to pay your expenses and not all of them. Long term s always the best choice for serious earners and short term is just for rushers who don't appreciate the beauty of bitcoin.
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March 02, 2017, 03:15:15 PM
 #1415

At this stage any option related to bitcoin, being investing or selling it can damage you in the future, if i had hold i would had made some extra money

You should allocate a certain amount of coins for each option (e.g. trading, holding, investing). In that case you will benefit from several situations at the same time. That's also what I do - except the investment example. I have different wallets containing a certain amount of coins purely for trading purposes, and different wallets that I have for long term holding purposes. Why focusing on just one thing when you can do more things at the same time? Never limit yourself when you don't have to. Wink

altcoins looks like doesnt able anymore to hold the pression of bitcoin and are dropping too fast, soo maybe its time to focus at bitcoin or dash that has jumped 50% this week.

People mostly jump into altcoins at the time the Bitcoin price is going down, and vice versa. That very well explains why altcoins aren't doing well currently. Dash is definitely an exception as they have seen the price explode in value to insane levels. I must however note that you shouldn't focus too much on Dash as this pump (because that's what it is) won't last endlessly.
I see some other altcoin good to invest but we cannot be sure how long you will get profit into it. Not like bitcoin that have investors trust that they will not lost too much and have ability to earn Huge profit saving it for long term.
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March 02, 2017, 03:42:46 PM
 #1416

sell everything today probably would be a decision that is really bad to be taken. seen from today, bitcoin prices go up, it can even be said that the price increase is currently happening, really rise so quickly. bitcoin wait for the price to $ 1500 and then sold it will probably be a decision that is so good.

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March 02, 2017, 03:47:36 PM
 #1417

You dont need to sell everything only sell the amount you need. Because investing in bitcoin right now is the best way to do. Holding it for a long time maybe 3 years will give you huge profit that you didnt expected.

Exactly !, holding now is a great choice rather than selling it because of panic selling that somebody's doing.
Just sell the amount you just need and avoud luxurious thing now because the price is still increasing just hold it.

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March 02, 2017, 08:24:40 PM
 #1418

I have many friends who are willing to sell all their savings Bitcoin because of what is now the high price of cryptocurrency. They bought Bitcoin for 500 and for sale in 1100 for them to be profitable. But they do not because of the panic, but because of what is considered a logical sale

The bitcoin price will rise again. So it is better not to sell.

It's obvious that the price will rise again and that's for sure that will happen for the next months. As of now, the price is quite calm at $1,170 - $1,190+ and if we we'll just be patient we can harvest the profit that price will increase soon. I regret that I sold some of it when the price was lower than $560, a very bad move for a panicking trader.

you should never regret selling bitcoin as long you needed the money. otherwise in case you don't need the money and sell the coins just because price looks iffy you are making a big mistake.
of course you may also be selling if you think price will come down tomorrow and you plan on buying cheaper coins.
yes i also agree with you i think selling bitcoin in present time when the price of bitcoin is increasing continuously, will be a big mistake. i will never sell my bitcoin in the current price because i am 100 % sure that the price of bit wil cross 2000 USD level very soon and we are going see that price of bitcoin trading above 2000 USD in near future.
I don't see anything wrong with selling at the moment I think the price is going to get lower in the next two weeks so right now, at least to me, seems like a good moment to sell, then when the price gets lower you can get more bitcoin for your money.
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March 02, 2017, 08:45:15 PM
 #1419

You dont need to sell everything only sell the amount you need. Because investing in bitcoin right now is the best way to do. Holding it for a long time maybe 3 years will give you huge profit that you didnt expected.
You can very well make a good amount of money if you are able to trade wisely and good traders are making a lot of coins per month rather than sitting on top of your coins for a couple of year and you can book your profits and wait for a good time to re enter the coin.
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March 03, 2017, 04:31:11 AM
 #1420

Wrong move if you sell your bitcoins right now. You can see that price is going up day by day , so its better to buy and buy bitcoin right now ,to get big return after 3 months.

The price now is at $1,200 and think about if you are going to sell now. We are still hoping for some big investors to invest with bitcoin for this year and for the next years to come. And we'll if you are a long time trader, you will wait for some more time before selling. But I can't help myself sometimes I need to force myself to sell some when there's a need.
It's stupid to sell now while seeing the price is still moving up, let's not waste this opportunity to earn more and learn to discipline yourselves to be patient. Selling is just like ending our opportunity to earn and we never know when will this price stop and will fall again.
After March 11, we will determine what would be the possible movement of price but this time it's still good to hold.

It depends if you think that it's stupid to sell now, there are traders that are making this price as their goal. But it's good to wait for some more time because the price is going to keep on increasing and few more days left before the ETF for sure we'll see a great price movement of bitcoin. And mostly many will sell by that time.

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