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Author Topic: Sell Everything?  (Read 101401 times)
jaysabi (OP)
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December 25, 2016, 01:22:40 PM
 #1321

before year is good sell all everything your balance bitcoin
and then buy back again in early month 2017
because in end year until early month bitcoin price trend in down price
How are you sure about your predictions, if bitcoin price today is at 780 ,maybe next year it will go higher and higher until no one can reach it.

I think its better to save the coins till next month and not sell everything at this point. I believe the price will increase even more in the following days considering the current trend in the last few years.

So I think its safe to hold the coins and focus on other stuff. Grin Bitcoin prices will increase more and more, no worry about that.
It is better to just sell a part of your bitcoin instead of everything, that way you will not left out if bitcoin skyrockets, but you will still be able to secure some amount of profit.

It is better to keep most of the coins.

The best thing, according to me would be to sell 30 to 40% of your bitcoin and buy into other top 20 to 30 coins as per the largest market cap and hold on to them for the years to come.
You will be able to diversify and reduce your risks.



I wouldn't trust other coins at the expense of Bitcoin. The vast majority of other alts are garbage coins that don't serve a purpose other than to be derivative. If you look at the coins that have at one time "been the largest market caps" besides Bitcoin, you will see that many of them lose value over time. Remember when Doge used to have.l a market cap of 60 million dollars, or above? Now it's less than half that despite a huge increase in the number of coins, which combined means the coins are worth far, far less than they used to be at that time. You see this pattern replicated with almost all the alts. Diversifying in alts is a sure fire way to lose money.

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December 25, 2016, 01:25:10 PM
 #1322

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.

In the stock market, the index dropping by 10% is a correction. I would consider a 20% drop a major crash. I don't know if that's a technical indicator or not, but it's what I would consider a major crash.

Circuit breakers get triggered if we have a crash of 20% in a particular stock.
There are no such artificial restrictions in Bitcoin - the price is what the people decide.  Smiley
jaysabi (OP)
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December 25, 2016, 03:52:57 PM
 #1323

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.

In the stock market, the index dropping by 10% is a correction. I would consider a 20% drop a major crash. I don't know if that's a technical indicator or not, but it's what I would consider a major crash.

Circuit breakers get triggered if we have a crash of 20% in a particular stock.
There are no such artificial restrictions in Bitcoin - the price is what the people decide.  Smiley

Bitcoin is truly free market in that respect. There is nothing propping up the price except people's confidnce in the system. This is different than stocks though in that confidence is only one aspect of the price, since stock represents an ownership of the business, so even if people don't have confidence in the business, it has value if it turns a profit.

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December 25, 2016, 03:59:09 PM
 #1324

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.

In the stock market, the index dropping by 10% is a correction. I would consider a 20% drop a major crash. I don't know if that's a technical indicator or not, but it's what I would consider a major crash.

Circuit breakers get triggered if we have a crash of 20% in a particular stock.
There are no such artificial restrictions in Bitcoin - the price is what the people decide.  Smiley

At times the whales in the bitcoin market too makes impact upon the price than the common users. This happens due to sudden block of circulation and again paves path towards rise when the circulation is compensated with the common users transactions.

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December 25, 2016, 04:08:18 PM
 #1325

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.

In the stock market, the index dropping by 10% is a correction. I would consider a 20% drop a major crash. I don't know if that's a technical indicator or not, but it's what I would consider a major crash.

Circuit breakers get triggered if we have a crash of 20% in a particular stock.
There are no such artificial restrictions in Bitcoin - the price is what the people decide.  Smiley

At times the whales in the bitcoin market too makes impact upon the price than the common users. This happens due to sudden block of circulation and again paves path towards rise when the circulation is compensated with the common users transactions.
I think that whales are not controlled price of Bitcoin and Chinese. All the same, they have basic AC mining Bitcoins
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December 25, 2016, 07:24:39 PM
 #1326

Selling everything is not good at all and I think it can really let you lose a lot of profit when you do this right now.
you are right that selling bitcoin is not good for right now because bitcoin price going to rise too much faster and maximum people holding their bitcoin for the future and i am sure they will be get a big profit from bitcoin in the next year when bitcoin more rise its price .
yeah you are right that selling bitcoin is not good for now because bitcoin increasing its price too much faster so its good hold your bitcoin and people getting profit in big amount through holding their bitcoin.
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December 26, 2016, 09:58:29 AM
 #1327

Selling everything is not good at all and I think it can really let you lose a lot of profit when you do this right now.
you are right that selling bitcoin is not good for right now because bitcoin price going to rise too much faster and maximum people holding their bitcoin for the future and i am sure they will be get a big profit from bitcoin in the next year when bitcoin more rise its price .
yeah you are right that selling bitcoin is not good for now because bitcoin increasing its price too much faster so its good hold your bitcoin and people getting profit in big amount through holding their bitcoin.
Sell a portion of your holding when you see you can make profit, we always seek for a better income but it is not good anymore if we are too greedy as we might end up losing everything we have. I know the price will increase but we cannot be sure if this will increase a bigger amount as we expected, we have to be realistic somehow and always take your ROI before experimenting to have more profit.

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warwar
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December 26, 2016, 10:18:33 AM
 #1328

Selling everything is not good at all and I think it can really let you lose a lot of profit when you do this right now.
you are right that selling bitcoin is not good for right now because bitcoin price going to rise too much faster and maximum people holding their bitcoin for the future and i am sure they will be get a big profit from bitcoin in the next year when bitcoin more rise its price .
yeah you are right that selling bitcoin is not good for now because bitcoin increasing its price too much faster so its good hold your bitcoin and people getting profit in big amount through holding their bitcoin.

Wait until next year then sell Cheesy Next year is good because we know before the year ennds price of bitcoin it will pump Cheesy so it is good to sell but if you really want to hold a little bit its okay i think next year it will pump but not like this year it is fast pumping thats why the price now is big
tabas
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December 26, 2016, 10:43:13 AM
 #1329

Selling everything is not good at all and I think it can really let you lose a lot of profit when you do this right now.
you are right that selling bitcoin is not good for right now because bitcoin price going to rise too much faster and maximum people holding their bitcoin for the future and i am sure they will be get a big profit from bitcoin in the next year when bitcoin more rise its price .
yeah you are right that selling bitcoin is not good for now because bitcoin increasing its price too much faster so its good hold your bitcoin and people getting profit in big amount through holding their bitcoin.

Wait until next year then sell Cheesy Next year is good because we know before the year ennds price of bitcoin it will pump Cheesy so it is good to sell but if you really want to hold a little bit its okay i think next year it will pump but not like this year it is fast pumping thats why the price now is big

I don't think that next year the pump is still guaranteed. I should say that if you want to sell, this time is already a good time to sell your bitcoins. But if you are just satisfied with the current price and if you want to sell all, then sell all. Or if you want to sell some and still save some, that's better thing to do. Because I think the major dump will happen this January or February.

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AdolfinWolf
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December 26, 2016, 10:55:37 AM
 #1330

Selling everything is not good at all and I think it can really let you lose a lot of profit when you do this right now.
you are right that selling bitcoin is not good for right now because bitcoin price going to rise too much faster and maximum people holding their bitcoin for the future and i am sure they will be get a big profit from bitcoin in the next year when bitcoin more rise its price .
yeah you are right that selling bitcoin is not good for now because bitcoin increasing its price too much faster so its good hold your bitcoin and people getting profit in big amount through holding their bitcoin.

Wait until next year then sell Cheesy Next year is good because we know before the year ennds price of bitcoin it will pump Cheesy so it is good to sell but if you really want to hold a little bit its okay i think next year it will pump but not like this year it is fast pumping thats why the price now is big

I don't think that next year the pump is still guaranteed. I should say that if you want to sell, this time is already a good time to sell your bitcoins. But if you are just satisfied with the current price and if you want to sell all, then sell all. Or if you want to sell some and still save some, that's better thing to do. Because I think the major dump will happen this January or February.
I garantuee you that the prices will be going to go up next year aswell, we have reached 900 in the hardest time of the year, christmas, THE time in which everyone spends all their money.
I could agree with you that this is a good price to sell since it is one of the highest prices for bitcoin ever, but i feel that there is alot more to come, patience is key!
Honestly i don't expect any big pumps unless something big happens (fiat crash etc) Imo Bitcoin prices are jsut steadily going to raise in the near future.

emezh10
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December 26, 2016, 11:01:37 AM
 #1331

Selling everything is not good at all and I think it can really let you lose a lot of profit when you do this right now.
you are right that selling bitcoin is not good for right now because bitcoin price going to rise too much faster and maximum people holding their bitcoin for the future and i am sure they will be get a big profit from bitcoin in the next year when bitcoin more rise its price .
yeah you are right that selling bitcoin is not good for now because bitcoin increasing its price too much faster so its good hold your bitcoin and people getting profit in big amount through holding their bitcoin.
Sell a portion of your holding when you see you can make profit, we always seek for a better income but it is not good anymore if we are too greedy as we might end up losing everything we have. I know the price will increase but we cannot be sure if this will increase a bigger amount as we expected, we have to be realistic somehow and always take your ROI before experimenting to have more profit.
I agree Sell the small amount of your bitcoin don't make it gamble it is better to be sure than to be sorry, Just a small amount but it is good to hold the bigger part of it because in 2017 I think the bitcoin will pumping so high again.
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December 26, 2016, 11:32:51 AM
 #1332

Selling everything is not good at all and I think it can really let you lose a lot of profit when you do this right now.
you are right that selling bitcoin is not good for right now because bitcoin price going to rise too much faster and maximum people holding their bitcoin for the future and i am sure they will be get a big profit from bitcoin in the next year when bitcoin more rise its price .
yeah you are right that selling bitcoin is not good for now because bitcoin increasing its price too much faster so its good hold your bitcoin and people getting profit in big amount through holding their bitcoin.
Sell a portion of your holding when you see you can make profit, we always seek for a better income but it is not good anymore if we are too greedy as we might end up losing everything we have. I know the price will increase but we cannot be sure if this will increase a bigger amount as we expected, we have to be realistic somehow and always take your ROI before experimenting to have more profit.
I agree Sell the small amount of your bitcoin don't make it gamble it is better to be sure than to be sorry, Just a small amount but it is good to hold the bigger part of it because in 2017 I think the bitcoin will pumping so high again.
I think you have to be clever in seeing and analyzing the bitcoin prices, where the price of bitcoin will stop and go back down, you have to know when it will happen, at least you're predicting. so you can sell all your bitcoin without loss and even profit
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December 26, 2016, 09:06:32 PM
 #1333

Selling everything is not good at all and I think it can really let you lose a lot of profit when you do this right now.
you are right that selling bitcoin is not good for right now because bitcoin price going to rise too much faster and maximum people holding their bitcoin for the future and i am sure they will be get a big profit from bitcoin in the next year when bitcoin more rise its price .
yeah you are right that selling bitcoin is not good for now because bitcoin increasing its price too much faster so its good hold your bitcoin and people getting profit in big amount through holding their bitcoin.
Sell a portion of your holding when you see you can make profit, we always seek for a better income but it is not good anymore if we are too greedy as we might end up losing everything we have. I know the price will increase but we cannot be sure if this will increase a bigger amount as we expected, we have to be realistic somehow and always take your ROI before experimenting to have more profit.
I agree Sell the small amount of your bitcoin don't make it gamble it is better to be sure than to be sorry, Just a small amount but it is good to hold the bigger part of it because in 2017 I think the bitcoin will pumping so high again.
i think you should play gambling with such a low price of bitcoin, because some time bitcoin can give you an opportunities to make a good money investing a little amount in gambling.

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December 26, 2016, 09:14:54 PM
 #1334

This is the reason why not to sell everything.,we already witness the pump on bitcoin price this month, thats why not selling everything by now is a good decision. Just wait for that rught moment next year cause it will triple your profit.
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December 27, 2016, 01:59:02 AM
 #1335

Selling everything is not good at all and I think it can really let you lose a lot of profit when you do this right now.
you are right that selling bitcoin is not good for right now because bitcoin price going to rise too much faster and maximum people holding their bitcoin for the future and i am sure they will be get a big profit from bitcoin in the next year when bitcoin more rise its price .
yeah you are right that selling bitcoin is not good for now because bitcoin increasing its price too much faster so its good hold your bitcoin and people getting profit in big amount through holding their bitcoin.

Wait until next year then sell Cheesy Next year is good because we know before the year ennds price of bitcoin it will pump Cheesy so it is good to sell but if you really want to hold a little bit its okay i think next year it will pump but not like this year it is fast pumping thats why the price now is big

I don't think that next year the pump is still guaranteed. I should say that if you want to sell, this time is already a good time to sell your bitcoins. But if you are just satisfied with the current price and if you want to sell all, then sell all. Or if you want to sell some and still save some, that's better thing to do. Because I think the major dump will happen this January or February.
I garantuee you that the prices will be going to go up next year aswell, we have reached 900 in the hardest time of the year, christmas, THE time in which everyone spends all their money.
I could agree with you that this is a good price to sell since it is one of the highest prices for bitcoin ever, but i feel that there is alot more to come, patience is key!
Honestly i don't expect any big pumps unless something big happens (fiat crash etc) Imo Bitcoin prices are jsut steadily going to raise in the near future.

At this point, it is institutional investors who are moving the price on a large scale. Bitcoin's market cap is over $14 billion USD. There are not individual "whales" large enough anymore to significantly move the price. Major buying by institutional investors (hedge funds), which are increasingly getting involved in crypto, are likely the reason it is moving. So people who buy bitcoin in hundred dollar increments through coinbase or other exchanges are increasingly becoming a smaller share of the pie.

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December 27, 2016, 02:45:19 AM
 #1336

This is the reason why not to sell everything.,we already witness the pump on bitcoin price this month, thats why not selling everything by now is a good decision. Just wait for that rught moment next year cause it will triple your profit.
usually after the pump price will go down, and it already happen now, if you're behind the train because it does not sell the entire of your bitcoin when pump some time ago, you would better keep quiet because the pump will definitely come back
lakisis
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December 27, 2016, 10:01:43 PM
 #1337

No, selling everything would just not be smart, if you consider this with all kind of events that are upcoming this year.
The halving that is coming will let the price rise so you will lose profit when you are selling your bitcoins plus the bitcoin is getting bigger these days so that is also a reason to not sell the bitcoin at all.
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December 27, 2016, 10:50:51 PM
 #1338

This is the reason why not to sell everything.,we already witness the pump on bitcoin price this month, thats why not selling everything by now is a good decision. Just wait for that rught moment next year cause it will triple your profit.
I think not a problem to sell it now because surely bitcoin prices will go down for a while because a few days ago already happening pump. and when you sold all bitcoin then prices will go down and you can buy bitcoin again, you'll be a big profit dude
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December 27, 2016, 10:59:25 PM
 #1339

I'm Pretty sure they are not talking about Btc since BTC its not a common instrument and it doesn't work the same way bonds, shares and others. If such a cataclysm ever happens it could actually be fantastic for Bitcoin price.
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December 27, 2016, 11:11:49 PM
 #1340

No, selling everything would just not be smart, if you consider this with all kind of events that are upcoming this year.
The halving that is coming will let the price rise so you will lose profit when you are selling your bitcoins plus the bitcoin is getting bigger these days so that is also a reason to not sell the bitcoin at all.

Of course selling everything is not a good decision but the halving will comes after some years. So this reason would not play any role for every one wants to buy/sell or holds its coins. The best strategy, imo when there are pumps or dumps is wait and see not panic and small steps.
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