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Author Topic: Sell Everything?  (Read 101349 times)
Catlonid
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November 24, 2016, 01:10:43 AM
 #1161

Selling everything is not a good strategy because the future of bitcoin is still blurry it could go up to 1000$ or it could go down really low the best thing to do is hold half of it and sell the other half so in both cases you still haven't lost

Exactly, if someone sells all his coins today and tomorrow the price grows higher he would regret doing it, but if you sell a half of it when you see a reasonable price and keep the other half and later on if the price grows again you can again get profit out of what you have kept.

We always should not sell our all bitcoin at one single price at the same time when investing into bitcoin we should not sell all our wealth for the purpose of buying more number of bitcoins. We must always follow the rule of investments : diversification. It will applicable for both buying and selling Bitcoins. It will simply help us not to regret at any point of our life.

I think it's not necessary because you can search for bitcoin if you be patient. You can join Signature campaign, faucet to get bitcoin. besides that, sell everything for to buy bitcoin were too risky because we do not know what's going to come even if it is the only speculation.
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November 24, 2016, 01:57:51 AM
 #1162

Selling everything is not a good strategy because the future of bitcoin is still blurry it could go up to 1000$ or it could go down really low the best thing to do is hold half of it and sell the other half so in both cases you still haven't lost

Exactly, if someone sells all his coins today and tomorrow the price grows higher he would regret doing it, but if you sell a half of it when you see a reasonable price and keep the other half and later on if the price grows again you can again get profit out of what you have kept.

We always should not sell our all bitcoin at one single price at the same time when investing into bitcoin we should not sell all our wealth for the purpose of buying more number of bitcoins. We must always follow the rule of investments : diversification. It will applicable for both buying and selling Bitcoins. It will simply help us not to regret at any point of our life.

I think it's not necessary because you can search for bitcoin if you be patient. You can join Signature campaign, faucet to get bitcoin. besides that, sell everything for to buy bitcoin were too risky because we do not know what's going to come even if it is the only speculation.

yes its true but i don't think to sell everything is a good option, because for this condition, better we save as much as we can and only spend our bitcoin for the important thing that we should buy so we can sell it when the price is increase.

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November 24, 2016, 03:08:46 AM
 #1163

Selling everything is not a good strategy because the future of bitcoin is still blurry it could go up to 1000$ or it could go down really low the best thing to do is hold half of it and sell the other half so in both cases you still haven't lost
Good idea ,playing safe !  We dont know what will happen this nextyear. I agree on you ,sell the half and the othet half keep it. And in that case it is balance.

If you need some cash, then just sell what the amount that you need. But if you mostly don't need to sell some of it, then just completely shut your wallet and just wait for the price increase for you will generate bigger amount of profit. The more patiently waiting you will, the higher possible income you will make but there's no assurance for it, for the chance of bitcoin to collapse is there and don't set it aside.


It's not like that, if you are treating your bitcoin as your investment you should be discipline not to touch it until your reach your target. Your expenses should be coming from your income in your job or from different king of investment you are doing that gives you daily return. In bitcoin, it's a long term investment and should be treated that way.

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November 24, 2016, 03:28:23 AM
 #1164

Selling everything is not a good strategy because the future of bitcoin is still blurry it could go up to 1000$ or it could go down really low the best thing to do is hold half of it and sell the other half so in both cases you still haven't lost

Exactly, if someone sells all his coins today and tomorrow the price grows higher he would regret doing it, but if you sell a half of it when you see a reasonable price and keep the other half and later on if the price grows again you can again get profit out of what you have kept.

We always should not sell our all bitcoin at one single price at the same time when investing into bitcoin we should not sell all our wealth for the purpose of buying more number of bitcoins. We must always follow the rule of investments : diversification. It will applicable for both buying and selling Bitcoins. It will simply help us not to regret at any point of our life.

I think it's not necessary because you can search for bitcoin if you be patient. You can join Signature campaign, faucet to get bitcoin. besides that, sell everything for to buy bitcoin were too risky because we do not know what's going to come even if it is the only speculation.

yes its true but i don't think to sell everything is a good option, because for this condition, better we save as much as we can and only spend our bitcoin for the important thing that we should buy so we can sell it when the price is increase.
I certainly agree with your statement, spend only on the things that we really need rather than letting ourselves be tempted on our wants. That's the only way we can avoid selling our bitcoins  and will increase our chances of making good money in the future.

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November 24, 2016, 03:39:54 AM
 #1165

Selling everything can be good but its not the best thing you can do and it can also let you lose a lot of money too because you will make no profit.
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November 24, 2016, 03:48:58 AM
 #1166

Selling everything can be good but its not the best thing you can do and it can also let you lose a lot of money too because you will make no profit.

Right now its not handy because the price is gonna rise and if you are thinking about that the price is gonna rise its even more stupid than wise indeed you will lose money because of it.
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November 24, 2016, 04:03:30 AM
 #1167

Selling everything can be good but its not the best thing you can do and it can also let you lose a lot of money too because you will make no profit.

Right now its not handy because the price is gonna rise and if you are thinking about that the price is gonna rise its even more stupid than wise indeed you will lose money because of it.

I fully agree selling is not the best thing to do and if you are doing it now you will lose some money and maybe even a lot of money... depending on your buy-in price.
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November 24, 2016, 05:18:05 AM
 #1168

Selling everything can be good but its not the best thing you can do and it can also let you lose a lot of money too because you will make no profit.

Right now its not handy because the price is gonna rise and if you are thinking about that the price is gonna rise its even more stupid than wise indeed you will lose money because of it.

I fully agree selling is not the best thing to do and if you are doing it now you will lose some money and maybe even a lot of money... depending on your buy-in price.
Why are you gonna lose some money when you are making income with the good price now? I guess you are not reading the news or seeing the price, we have a good price now and it's an automatic profit if we sell now. Trust me, if bough bitcoins one year later, you are in big profit now.

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November 24, 2016, 05:19:46 AM
 #1169

Maybe HODL everything will be better.
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November 24, 2016, 07:19:45 AM
 #1170

Maybe HODL everything will be better.
Always a good decision to hold as we are hoping the future of bitcoin will bring us more profit. With intention or goal, we must be hopeful that the progress will continue so we will continue to see the growth of our profit.
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November 24, 2016, 05:58:49 PM
 #1171

Selling everything will leave you dry and then you will no longer be able to buy at the higher price and you need to wait till prices fall again. I believe that if you keep a target price then as it is reached sell a fraction but dont sell all, if you see even more rise sell another fraction but still dont sell all. The basic reason is the same, if you sell everything you will have nothing to reinvest and then it will become hard for you to start trading again.
Yes I am also not in favour of everything, to me if you have some extra stuff in your house and that you are not using any more, so you can sell such kind of things but selling everything is really not a good idea, as I have just sell my old running and some other exercise machine which I am not using any more and then I invest the money in bitcoin.
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November 24, 2016, 06:04:23 PM
 #1172

Selling everything will leave you dry and then you will no longer be able to buy at the higher price and you need to wait till prices fall again. I believe that if you keep a target price then as it is reached sell a fraction but dont sell all, if you see even more rise sell another fraction but still dont sell all. The basic reason is the same, if you sell everything you will have nothing to reinvest and then it will become hard for you to start trading again.
Yes I am also not in favour of everything, to me if you have some extra stuff in your house and that you are not using any more, so you can sell such kind of things but selling everything is really not a good idea, as I have just sell my old running and some other exercise machine which I am not using any more and then I invest the money in bitcoin.
Honestly if you sell it everything if you have large amount of bitcoin you can not make a profit if the price will continues to rise..
This is just a traders strategy that they will sell some right now because the price of bitcoin is increase high but you do not know when is the right time we are not fortune teller to know it so we should sell bitcoin and the rest just hold it and maybe the price will continues to rise.. so that you can know the right time wen you should sell bitcoin..



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November 24, 2016, 06:11:32 PM
 #1173

The only time selling everything makes sense is when you're convinced that a major crash or correction is imminent, and you plan to buy back everything at lower prices. It doesn't matter if the investment is equities, bitcoin, gold, or another type of asset. Trying to call something like that is a crapshoot at best though. Market timing isn't a strategy I find to be compelling, and I don't believe anyone who claims they can do it. Unless you're Miss Cleo, of course.  Grin

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November 25, 2016, 06:29:48 AM
 #1174

The only time selling everything makes sense is when you're convinced that a major crash or correction is imminent, and you plan to buy back everything at lower prices. It doesn't matter if the investment is equities, bitcoin, gold, or another type of asset. Trying to call something like that is a crapshoot at best though. Market timing isn't a strategy I find to be compelling, and I don't believe anyone who claims they can do it. Unless you're Miss Cleo, of course.  Grin
How do we define a major crash? I guess we have one this year when bitfinex was hack, yet people still not selling, I guess we are a lot stronger now.

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November 25, 2016, 10:46:43 AM
 #1175

The only time selling everything makes sense is when you're convinced that a major crash or correction is imminent, and you plan to buy back everything at lower prices. It doesn't matter if the investment is equities, bitcoin, gold, or another type of asset. Trying to call something like that is a crapshoot at best though. Market timing isn't a strategy I find to be compelling, and I don't believe anyone who claims they can do it. Unless you're Miss Cleo, of course.  Grin
How do we define a major crash? I guess we have one this year when bitfinex was hack, yet people still not selling, I guess we are a lot stronger now.

I think it follows with some country who interested with bitcoin, especially technology behind it, if we see everyday counted at mid-this-year the price movement go more stable, especially recently when trump crashed fiat(i'm not trump fans for god sake).
Yes you right we a lot stronger, but don't falter to rumor or anything which yelling "bitcoin die today", it's never happens, since the internet still can used to anyone.
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November 25, 2016, 10:51:03 AM
 #1176

Maybe HODL everything will be better.
Always a good decision to hold as we are hoping the future of bitcoin will bring us more profit. With intention or goal, we must be hopeful that the progress will continue so we will continue to see the growth of our profit.

Yeah that's wise decision as I'm almost holding bitcoin over a year ( from $ 350 value until $ 750 )
and it's proven that bitcoin become my favorite investation recently.

I'm usually sell all of useless altcoin because it's difficult to trade with them
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November 25, 2016, 10:55:47 AM
 #1177

For me sell everything is not good because bitcoin has a great value that we need to have as an investment and it will helps us to stay away in financial problem but sell some portion of it is good to the cycle of demand and supply.
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November 25, 2016, 11:46:31 AM
 #1178

Some altcoins just have huge potencial, soo selling them now makes no sense at all, you could be wasting a great opportunity to get a good ammount of bitcoins if you hold. Even knowing bitcoin is achieving biggers ammounts we will see most altcoins readjusting their price, and those its something we all know that happens. Sometimes there is a good pump that may let us dump our coins at the best rates but i believe save the coins is the best for now.
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November 25, 2016, 11:58:47 AM
 #1179

Some altcoins just have huge potencial, soo selling them now makes no sense at all, you could be wasting a great opportunity to get a good ammount of bitcoins if you hold. Even knowing bitcoin is achieving biggers ammounts we will see most altcoins readjusting their price, and those its something we all know that happens. Sometimes there is a good pump that may let us dump our coins at the best rates but i believe save the coins is the best for now.
Not all coins are good for saving, there are other coins that does not have a good future value, if you will ask me I will only save bitcoins as it has been proven already for many years that the value increase overtime. When it drops it will follow another pump, that's how strong bitcoin is.

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November 25, 2016, 12:10:27 PM
 #1180

The only time selling everything makes sense is when you're convinced that a major crash or correction is imminent, and you plan to buy back everything at lower prices. It doesn't matter if the investment is equities, bitcoin, gold, or another type of asset. Trying to call something like that is a crapshoot at best though. Market timing isn't a strategy I find to be compelling, and I don't believe anyone who claims they can do it. Unless you're Miss Cleo, of course.  Grin

IMO when a major crash is imminent you shouldn't sell everything but on the contrary you should "buy everything" if to put it simple. Money will lose their value after a crash most likely and the prices will go up not down. One should really believe in money big time to sell everything  in the face of a major crush and I'm not such a person.

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