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Author Topic: Sell Everything?  (Read 101424 times)
dunfida
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July 25, 2016, 03:16:48 AM
 #681

Its not advisable to sell btc right now, it is better to save btc until the price reaches to 800-900$ this year.
I believe that bitcoin will reach that price.

Sell everything can be good, but it also depends on the point if you think you will make more profit in the future, I would not do it.
I even think because of the halving the bitcoin will go to a much higher amount and after that halving now bitcoin is now stable around the market places.

But I still feel that this is not the right time to sell everything and say bye bye to bitcoin, as we will experience the effect of halving later in in this year where will be seeing much higher price.

As quoted by above mate selling doesn't indicate that user making an end to the bitcoin usage. The price has been fluctuating and going down with certain time interval. Possibly one with a panicked mind can go for a sell for requirements.
Yeah if you are satisfied with the current price you can sell, if your target is reached and you got good profits then it is better to sell than to be confused with the price whether it will go up or down, predictions becoming very difficult.

Yes its really difficult to predict the price of bitcoin in future but if you current price has reached to your desired level then I think you should sell your coins to secure profits.

We can choose when to sell now or wait for the right time. Yes its hard to decide specially you see the price of bitcoin as of now it goes up then suddenly goes down, It your own decision if you would to decide sell everything now to gain some profit. For me i would still hold and wait for the right time when bitcoins price is soaring up high.

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July 25, 2016, 06:18:19 AM
 #682

Its not advisable to sell btc right now, it is better to save btc until the price reaches to 800-900$ this year.
I believe that bitcoin will reach that price.

Sell everything can be good, but it also depends on the point if you think you will make more profit in the future, I would not do it.
I even think because of the halving the bitcoin will go to a much higher amount and after that halving now bitcoin is now stable around the market places.

But I still feel that this is not the right time to sell everything and say bye bye to bitcoin, as we will experience the effect of halving later in in this year where will be seeing much higher price.

As quoted by above mate selling doesn't indicate that user making an end to the bitcoin usage. The price has been fluctuating and going down with certain time interval. Possibly one with a panicked mind can go for a sell for requirements.
Yeah if you are satisfied with the current price you can sell, if your target is reached and you got good profits then it is better to sell than to be confused with the price whether it will go up or down, predictions becoming very difficult.

Yes its really difficult to predict the price of bitcoin in future but if you current price has reached to your desired level then I think you should sell your coins to secure profits.

If you want to take profit sell some of bitcoins, but don't sell all of them. There is still a chance that bitcoins will go much higher in the near future. Why sell all your chances to profit from a higher bitcoin price at once? I would always look at bitcoins as a long term investment.
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July 25, 2016, 08:16:02 AM
 #683

Its not advisable to sell btc right now, it is better to save btc until the price reaches to 800-900$ this year.
I believe that bitcoin will reach that price.

Sell everything can be good, but it also depends on the point if you think you will make more profit in the future, I would not do it.
I even think because of the halving the bitcoin will go to a much higher amount and after that halving now bitcoin is now stable around the market places.

But I still feel that this is not the right time to sell everything and say bye bye to bitcoin, as we will experience the effect of halving later in in this year where will be seeing much higher price.

As quoted by above mate selling doesn't indicate that user making an end to the bitcoin usage. The price has been fluctuating and going down with certain time interval. Possibly one with a panicked mind can go for a sell for requirements.
Yeah if you are satisfied with the current price you can sell, if your target is reached and you got good profits then it is better to sell than to be confused with the price whether it will go up or down, predictions becoming very difficult.

Yes its really difficult to predict the price of bitcoin in future but if you current price has reached to your desired level then I think you should sell your coins to secure profits.

If you want to take profit sell some of bitcoins, but don't sell all of them. There is still a chance that bitcoins will go much higher in the near future. Why sell all your chances to profit from a higher bitcoin price at once? I would always look at bitcoins as a long term investment.
In my case, I have earned bitcoins until now and I am holding it for the future, that is because I believe that the current price will eventually increase substantially when the price will start to pump.

The halving was done and this time is time to wait and nothing else.

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terman45x
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July 25, 2016, 08:43:53 AM
 #684

Its not advisable to sell btc right now, it is better to save btc until the price reaches to 800-900$ this year.
I believe that bitcoin will reach that price.

Sell everything can be good, but it also depends on the point if you think you will make more profit in the future, I would not do it.
I even think because of the halving the bitcoin will go to a much higher amount and after that halving now bitcoin is now stable around the market places.

But I still feel that this is not the right time to sell everything and say bye bye to bitcoin, as we will experience the effect of halving later in in this year where will be seeing much higher price.

As quoted by above mate selling doesn't indicate that user making an end to the bitcoin usage. The price has been fluctuating and going down with certain time interval. Possibly one with a panicked mind can go for a sell for requirements.
Yeah if you are satisfied with the current price you can sell, if your target is reached and you got good profits then it is better to sell than to be confused with the price whether it will go up or down, predictions becoming very difficult.

Yes its really difficult to predict the price of bitcoin in future but if you current price has reached to your desired level then I think you should sell your coins to secure profits.

If you want to take profit sell some of bitcoins, but don't sell all of them. There is still a chance that bitcoins will go much higher in the near future. Why sell all your chances to profit from a higher bitcoin price at once? I would always look at bitcoins as a long term investment.
In my case, I have earned bitcoins until now and I am holding it for the future, that is because I believe that the current price will eventually increase substantially when the price will start to pump.

The halving was done and this time is time to wait and nothing else.

Holding coins till the end of the year can be really profitable as everyone is expecting higher price at that time and at a moment price is not too high so its better not to sell.
Jmild1
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July 25, 2016, 11:14:02 AM
 #685

Its not advisable to sell btc right now, it is better to save btc until the price reaches to 800-900$ this year.
I believe that bitcoin will reach that price.

Sell everything can be good, but it also depends on the point if you think you will make more profit in the future, I would not do it.
I even think because of the halving the bitcoin will go to a much higher amount and after that halving now bitcoin is now stable around the market places.
I disagree, selling everything will never be a good idea at any cost because you don't know when will emergency come and if you do this while an event happen where you need money it would impact you badly.
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July 25, 2016, 02:22:54 PM
 #686

Its not advisable to sell btc right now, it is better to save btc until the price reaches to 800-900$ this year.
I believe that bitcoin will reach that price.

Sell everything can be good, but it also depends on the point if you think you will make more profit in the future, I would not do it.
I even think because of the halving the bitcoin will go to a much higher amount and after that halving now bitcoin is now stable around the market places.
I disagree, selling everything will never be a good idea at any cost because you don't know when will emergency come and if you do this while an event happen where you need money it would impact you badly.
Yeah keep a few coins on your side so that as jmild1 told, you can be more confident if any financial problems occurs, it will helps you more when you need money.
jaysabi (OP)
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July 31, 2016, 02:34:27 PM
 #687

Royal Bank of Scotland economists have urged investors to sell everything except high-quality bonds, warning of a “fairly cataclysmic year ahead.”

Writing in a client note dated Jan. 8, the bank’s European rates research team said that clients should be concentrating on return of capital, not return on capital, and that an ominous outlook to the world economy “all looks similar to 2008.”

The Key Points


  • The note is particularly bearish on China and global commodities, and predicts that oil could fall as low as $16 a barrel.
  • In a grim set of predictions, Andrew Roberts, head of European economics, rates & CEEMEA research said that the world has far too much debt to be able to grow well.
  • He also warned that advances in technology and automation are set to wipe out up to half of all jobs in the developed world.
  • The note says equities could fall 10% to 20%.
  • It predicts the year will be spent focusing on how to exit positions that have benefited from long-running QE, including emerging markets, credit and equities.

Source: http://blogs.wsj.com/moneybeat/2016/01/12/rbs-warns-sell-everything/?mod=e2fbRBS

A 10 to 20% fall in equities certainly isn't a long shot. QE has produced a long run-up in stock prices, and on average, we see a market correction of 10% every two years and a 20% correction every five years. Still, the advice to "sell everything" seems a bit much.

What's interesting is that we did indeed have a fall in equities of 10%, as the analyst predicted, but we've since made it up and more. So if you sold everything in fear at the beginning of this year, you lost out. Equities are at or near an all time high.
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August 06, 2016, 11:06:50 AM
 #688


What's interesting is that we did indeed have a fall in equities of 10%, as the analyst predicted, but we've since made it up and more. So if you sold everything in fear at the beginning of this year, you lost out. Equities are at or near an all time high.

The 10% fall from the last week is a good buying opportunity. You can buy 10% bitcoin with your cash.
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August 06, 2016, 11:35:35 AM
 #689

Its not advisable to sell btc right now, it is better to save btc until the price reaches to 800-900$ this year.
I believe that bitcoin will reach that price.

Sell everything can be good, but it also depends on the point if you think you will make more profit in the future, I would not do it.
I even think because of the halving the bitcoin will go to a much higher amount and after that halving now bitcoin is now stable around the market places.
I disagree, selling everything will never be a good idea at any cost because you don't know when will emergency come and if you do this while an event happen where you need money it would impact you badly.
Yeah keep a few coins on your side so that as jmild1 told, you can be more confident if any financial problems occurs, it will helps you more when you need money.

It would be an worst decision to sell everything and quit bitcoins, its always smart to sell only a part of it when price goes higher and keep rest safe for the future.
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August 06, 2016, 03:37:46 PM
 #690

Its not advisable to sell btc right now, it is better to save btc until the price reaches to 800-900$ this year.
I believe that bitcoin will reach that price.

Sell everything can be good, but it also depends on the point if you think you will make more profit in the future, I would not do it.
I even think because of the halving the bitcoin will go to a much higher amount and after that halving now bitcoin is now stable around the market places.
I disagree, selling everything will never be a good idea at any cost because you don't know when will emergency come and if you do this while an event happen where you need money it would impact you badly.
Yeah keep a few coins on your side so that as jmild1 told, you can be more confident if any financial problems occurs, it will helps you more when you need money.

It would be an worst decision to sell everything and quit bitcoins, its always smart to sell only a part of it when price goes higher and keep rest safe for the future.

I think it is better to buy some bitcoins and hold for the long term. The bitcoin will rise many times in the future.

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August 06, 2016, 04:03:59 PM
 #691


What's interesting is that we did indeed have a fall in equities of 10%, as the analyst predicted, but we've since made it up and more. So if you sold everything in fear at the beginning of this year, you lost out. Equities are at or near an all time high.

The 10% fall from the last week is a good buying opportunity. You can buy 10% bitcoin with your cash.
Do you need to sell shares in fear or you can wait out the worst of times? And how many of 10 percent of the fall?
SquallLeonhart
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August 06, 2016, 04:06:39 PM
 #692

Its not advisable to sell btc right now, it is better to save btc until the price reaches to 800-900$ this year.
I believe that bitcoin will reach that price.

Sell everything can be good, but it also depends on the point if you think you will make more profit in the future, I would not do it.
I even think because of the halving the bitcoin will go to a much higher amount and after that halving now bitcoin is now stable around the market places.
I disagree, selling everything will never be a good idea at any cost because you don't know when will emergency come and if you do this while an event happen where you need money it would impact you badly.
Yeah keep a few coins on your side so that as jmild1 told, you can be more confident if any financial problems occurs, it will helps you more when you need money.

It would be an worst decision to sell everything and quit bitcoins, its always smart to sell only a part of it when price goes higher and keep rest safe for the future.

I think it is better to buy some bitcoins and hold for the long term. The bitcoin will rise many times in the future.

That's right its good time to buy bitcoins as price is at lower range and if we buy it now then we can sell it when price goes higher in future and earn good profits.

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August 06, 2016, 09:00:54 PM
 #693

I am not ready to sell my coins till i price will not increase to good point, it should be like $700, and than i will think about selling, but it should not be everything.

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August 06, 2016, 09:02:29 PM
 #694

I am not ready to sell my coins till i price will not increase to good point, it should be like $700, and than i will think about selling, but it should not be everything.

$700 is not a big deal, it will be achieved in next few months but I think we should hold it till it reaches to the 4 digit price and that would be the best time to sell our coins.

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August 06, 2016, 09:57:38 PM
 #695

Its not advisable to sell btc right now, it is better to save btc until the price reaches to 800-900$ this year.
I believe that bitcoin will reach that price.

Sell everything can be good, but it also depends on the point if you think you will make more profit in the future, I would not do it.
I even think because of the halving the bitcoin will go to a much higher amount and after that halving now bitcoin is now stable around the market places.

But I still feel that this is not the right time to sell everything and say bye bye to bitcoin, as we will experience the effect of halving later in in this year where will be seeing much higher price.
of course that is not the right time to sell all your bitcoins right now, you can still earn a lot of money with it if you hold it for the future price pumps that will definitely happen

 
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August 06, 2016, 10:37:19 PM
 #696

Its not a good way to sell your bitcoin at this time cause theres a lot of problems bitcoin are facing thats why the price of it gi down.
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August 06, 2016, 10:57:04 PM
 #697

Its not a good way to sell your bitcoin at this time cause theres a lot of problems bitcoin are facing thats why the price of it gi down.
of course the price is going to increase at a very rapid pace in the near future, selling right now would be the same as just wasting your money or throwing it out

 
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CroSany
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August 06, 2016, 11:00:06 PM
 #698

Sell everything isnt good for bank or country to private companies because that is destrosing people freedom and it sends countrues to bankrupt like Greece,Cipar,Italy and Spain.
uname
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August 06, 2016, 11:02:23 PM
 #699

Its not a good way to sell your bitcoin at this time cause theres a lot of problems bitcoin are facing thats why the price of it gi down.
yeah there are many problems such as bitfinex be a scam and so on. of course it makes the price of bitcoin menjad down
as events mt gox. you have to be patient, the price can be higher than today. I am sure of it

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August 06, 2016, 11:08:26 PM
 #700

Its not a good way to sell your bitcoin at this time cause theres a lot of problems bitcoin are facing thats why the price of it gi down.
yeah the price is going to come back pretty soon and then all the panic sellers will be sad that they decided to sell all their bitcoins and not hold for the price growths

 
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