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Author Topic: Sell Everything?  (Read 101399 times)
Aamir1
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October 05, 2016, 05:27:35 PM
 #941

I do not think that it smart if you decide to sell all of your Bitcoin at once because there is always a chance that the bitcoin value is going to go up again.
So sell some Bitcoin and wait for it, maybe the price will rise again so that you will make more money.

Exactly, selling all the coins at once after seeing a little good and reasonable amount wont be a wise move as maybe the price would go even higher in next few months so holding some of it would be a wiser move then that.
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October 05, 2016, 05:43:30 PM
 #942

I guess we will see everything fall and bitcoin rise Cheesy I dont think it will drop below 400 in the next 8 months.
It is not smart to sell everything at once because the value of the Bitcoin can always go up again, that means that you still can make more money.
But if you have just sold them all then it is not possible, you should always save some instead.

I think depends on the scenario.  We all know that in bitcoin price fluctution, there is this cases where spike is extremely too high then after several hours it go back to its normal price.  So i think if we seen this kind of scenario happening, it is right to sell all your coins then buy back at the normal price.

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October 05, 2016, 06:12:34 PM
 #943

I do not think that it smart if you decide to sell all of your Bitcoin at once because there is always a chance that the bitcoin value is going to go up again.
So sell some Bitcoin and wait for it, maybe the price will rise again so that you will make more money.

Exactly, selling all the coins at once after seeing a little good and reasonable amount wont be a wise move as maybe the price would go even higher in next few months so holding some of it would be a wiser move then that.

That's the right thing to do never sell all of them at once always keep some for the future as we never know how high price of bitcoin can be in future so we can sell remaining coins at that time.

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October 05, 2016, 06:23:33 PM
 #944

I guess we will see everything fall and bitcoin rise Cheesy I dont think it will drop below 400 in the next 8 months.
It is not smart to sell everything at once because the value of the Bitcoin can always go up again, that means that you still can make more money.
But if you have just sold them all then it is not possible, you should always save some instead.

I think depends on the scenario.  We all know that in bitcoin price fluctution, there is this cases where spike is extremely too high then after several hours it go back to its normal price.  So i think if we seen this kind of scenario happening, it is right to sell all your coins then buy back at the normal price.

Yes exactly, I think it depends on the situation. whether you buy when cheap, and if you've been feeling a lot more profit. It's good to sell everything. and buy more when the price goes down, because it's definitely priced bitcoin will decline.
or sell all of it in the future when the prices really are at a very high value, yeah at least above $1000 fine for selling everything.

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October 05, 2016, 11:50:57 PM
 #945

I guess we will see everything fall and bitcoin rise Cheesy I dont think it will drop below 400 in the next 8 months.
It is not smart to sell everything at once because the value of the Bitcoin can always go up again, that means that you still can make more money.
But if you have just sold them all then it is not possible, you should always save some instead.

I think depends on the scenario.  We all know that in bitcoin price fluctution, there is this cases where spike is extremely too high then after several hours it go back to its normal price.  So i think if we seen this kind of scenario happening, it is right to sell all your coins then buy back at the normal price.

Yes exactly, I think it depends on the situation. whether you buy when cheap, and if you've been feeling a lot more profit. It's good to sell everything. and buy more when the price goes down, because it's definitely priced bitcoin will decline.
or sell all of it in the future when the prices really are at a very high value, yeah at least above $1000 fine for selling everything.

Yeah and selling everything will depend on the entry price at which you bought your coins if you have bought last year when price was around $300 then there is nothing wrong in selling them at current price as you have already doubled your profits.
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October 06, 2016, 12:57:24 AM
 #946

I do not think that it smart if you decide to sell all of your Bitcoin at once because there is always a chance that the bitcoin value is going to go up again.
So sell some Bitcoin and wait for it, maybe the price will rise again so that you will make more money.

Yeah if you are making profits with current price then you can sell some part of it and hold rest of them for future so if price goes even more higher in future then you can sell your remaining coins to make higher profits.
I think bitcoin sell all you got is not a problem, of course with certain criteria, bitcoin sell at the highest price? and you can buy more when prices are low? of course it can be highly profitable besare

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October 06, 2016, 01:37:28 AM
 #947

If I feel that I have already made a good profit, I would definitely sell everything. Then just wait for the price to dip again and buy some. In my case right now, I have to buy some things and pay a bit of money and bitcoin is right there ready to be converted to fiat anytime. Would love to be able to sell at the $620 - $650 range, though.
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October 06, 2016, 06:55:32 AM
 #948

If I feel that I have already made a good profit, I would definitely sell everything. Then just wait for the price to dip again and buy some. In my case right now, I have to buy some things and pay a bit of money and bitcoin is right there ready to be converted to fiat anytime. Would love to be able to sell at the $620 - $650 range, though.

Im doing the same thing too im selling  my coins which i could see that  i made a  good profit with it,  it may take time though but its worth it and   waiting for dips  is  unexpected thats why  i keep always  my attention  to  bitcoins price. Some   bitcoin are put  in my savings and some   would  surely sell.

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October 06, 2016, 07:43:41 AM
 #949

If I feel that I have already made a good profit, I would definitely sell everything. Then just wait for the price to dip again and buy some. In my case right now, I have to buy some things and pay a bit of money and bitcoin is right there ready to be converted to fiat anytime. Would love to be able to sell at the $620 - $650 range, though.

Im doing the same thing too im selling  my coins which i could see that  i made a  good profit with it,  it may take time though but its worth it and   waiting for dips  is  unexpected thats why  i keep always  my attention  to  bitcoins price. Some   bitcoin are put  in my savings and some   would  surely sell.
The basic principle should always be applied, buy low and sell high. Maybe when time comes that I will be in desperate need of money I would force to sell every bitcoin I owned because what is important to me is life and health, but I hope that will not happen so I can still enjoy my investment.

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October 06, 2016, 08:40:33 AM
 #950

I am not sure it's right way to sell everything, i believe that holding bitcoins for a long time is the best way for a lazy people. Wink

Yeah lazy people will prefer to hold their coins without doing anything with it, but a wise person will try to grow his coins from trading to get additional benefits in future.
thats true but it is definitely not a bad thing in my opinion because holding bitcoins might give us huge profit in the future
If you can make a profit then you should not sell everything but the price can always end up higher to always save some of your bitcoin just encase.
You might up end up missing on more money if you decide to sell them all at once.
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October 06, 2016, 09:39:52 AM
 #951

I am not sure it's right way to sell everything, i believe that holding bitcoins for a long time is the best way for a lazy people. Wink

Yeah lazy people will prefer to hold their coins without doing anything with it, but a wise person will try to grow his coins from trading to get additional benefits in future.
thats true but it is definitely not a bad thing in my opinion because holding bitcoins might give us huge profit in the future
If you can make a profit then you should not sell everything but the price can always end up higher to always save some of your bitcoin just encase.
You might up end up missing on more money if you decide to sell them all at once.

A wise person will never prefer to sell all his coins at once, as he is aware about the future benefits of bitcoins and how far bitcoin can go, it would be smart if we keep on selling them in small parts.
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October 06, 2016, 09:54:40 AM
 #952

Bitcoin is probably one of the last things you should sell when a crisis is coming. For example if you are living in a country where people keep their savings in dollars it is likely that you better exchage your dollars for a local currency and buy the real things you'll need in the future, because it's unpredictable how many new dollars they will print and then the dollar will lose its value significantly. We all know that such a thing won't happen to Bitcoin whatever the case.

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stromma44
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October 06, 2016, 09:56:36 AM
 #953

It would be a worst decision to sell our bitcoins at a single time, and if we are doing it then we are definitely playing with our profits as we would be left with nothing when price will go higher in future.
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October 06, 2016, 10:07:04 AM
 #954

Bitcoin is probably one of the last things you should sell when a crisis is coming. For example if you are living in a country where people keep their savings in dollars it is likely that you better exchage your dollars for a local currency and buy the real things you'll need in the future, because it's unpredictable how many new dollars they will print and then the dollar will lose its value significantly. We all know that such a thing won't happen to Bitcoin whatever the case.
I think it is precisely when the crisis or inflation in a country in fact you have to save a lot of bitcoin even you had to change your money into bitcoin currency. because of currency inflation will certainly have a low price one day, so it would be very good if you're rescuing your money by buying bitcoin with all of your money
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October 06, 2016, 10:16:59 AM
 #955

It would be a worst decision to sell our bitcoins at a single time, and if we are doing it then we are definitely playing with our profits as we would be left with nothing when price will go higher in future.

really not a good idea to sell all bitcoin when the prices remain below $1k. it is very low in my opinion.
because we all believe that the future of bitcoin at least the price will be at a high value is very likely over $1k
but the activities selling me just because I have a need, so it will always sell every month.

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October 06, 2016, 10:20:07 AM
 #956

It would be a worst decision to sell our bitcoins at a single time, and if we are doing it then we are definitely playing with our profits as we would be left with nothing when price will go higher in future.

really not a good idea to sell all bitcoin when the prices remain below $1k. it is very low in my opinion.
because we all believe that the future of bitcoin at least the price will be at a high value is very likely over $1k
but the activities selling me just because I have a need, so it will always sell every month.

If you need money then you can sell it anytime but make sure that you sell only that amount that you really require and rest should be kept for the future as price will be much higher in future.
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October 06, 2016, 10:26:14 AM
 #957

The bankers mostly get richer whatever the current situations are, in a rising or declining market, they have bets spread across all factors, why listen to them now?
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October 06, 2016, 10:44:21 AM
 #958

Selling everything doesn't make any sense and I think even small part of it should not be sold at this stage as price is not too high at a moment, so its better to save them for future.
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October 06, 2016, 02:57:26 PM
 #959

Selling right now is not an option the price is not high but also not low its better to hold your bitcoins for a while to be honest.
I think it even will be much better..
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October 07, 2016, 02:16:29 AM
 #960

Selling everything doesn't make any sense and I think even small part of it should not be sold at this stage as price is not too high at a moment, so its better to save them for future.

Yeah you are right that is why it is better if we are just going to wait for furthermore increase of bitcoins price. SO if you are going to sell today what possibly you are going to make is that you are going to miss the chance of earning good profit in the end by just simply holding your bitcoins. And that is why patience is a virtue.

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