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Author Topic: Sell Everything?  (Read 101351 times)
TheUltraElite
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February 26, 2017, 07:21:45 AM
 #1381


Most of us are hoping to see big rises in bitcoin prices in the next few months and years maybe upto 1500$+. It may take some time and maybe associated with dips in prices as well. But then I am also hoping prices to reach such amounts and hoping to sell much of my coins then. It will be a big profit then. Otherwise I will just hold the coins and sell at other prices when targets reach.

It might take a few months to achieve $1500. There will be dips, not worry.

I am ready for dips. In fact I hope prices dip upto 300$ so I can buy more again. I am a very patient type of trader enough to hold coins upto a decade.
I never panic on the field or get tensed specially since its bitcoin.

Selling everything is never my thing again. In that case its difficult to get back into the business. One thing I do often is sell smaller parts of it to book profits and then bank that. Maybe reinvest it later on as well.

R


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rainingbitcoins
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February 26, 2017, 01:24:15 PM
 #1382

Sell your kidneys if you have to, you can buy new ones next year when btc is 100k  Cheesy
Hahaha that is a desperate move just to buy some bitcoins.  Grin But for someone that is willing to do that for how long is he going to wait before it reaches $100k.

I don't think that next year 2017/2018 is going to be enough just to make the bitcoin reach and make itself into a 6 digit value coin.

But I won't do it anyway better to sell some unused goods that I don't need anymore and I would sell some of my coins but still keep on holding.



I think the price of the bitcoin will not be 5 digits. It will be around $1500 to $3000.

Many people are predicting that BTC can be 3000 by end of 2017 so anything is possible. I can also be worth 0. Nothing is impossible!

Nothing is impossible, I agree with you. I believe bitcoins and I will continue holding. Bitcoin already prooved to be a strong and trusted currency. Who is here today I consider a pathfinder, because few persons in the world are using bitcoins now, when many start coming to crypto currency, the first persons here will be already rich holding their bitcoins and I want to be one of them.

Yeah anything can happen with bitcoin and as a matter of fact the price now is falling. For sure this is the cause of those holders who are now selling .

And they got panic already upon seeing the price fall from $1,000. BUt still it's up to you if you are going to sell.

But I will going to keep on holding. Smiley

I think the price will not fall too much from current levels.

I am also confident that the price may fall to a maximum of $ 100. But this is a normal fluctuation of prices. You can make the purchase

That's just a small dip from bitcoin. small correction will mean nothing in the future. but the 11 march's hype still continue. let see how the next pump of bitcoin will have come as soon as possible. bitcoin will be over $1200 next week. I really optimism about it. it will be true.

Most of us are hoping to see big rises in bitcoin prices in the next few months and years maybe upto 1500$+. It may take some time and maybe associated with dips in prices as well. But then I am also hoping prices to reach such amounts and hoping to sell much of my coins then. It will be a big profit then. Otherwise I will just hold the coins and sell at other prices when targets reach.

Price is going higher at a moment and I think its possible to touch the price of $1500 at the end of the year so its better to hold them till that point and sell some of them if it hits that price as we will surely witness some great price in coming months.

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jaysabi (OP)
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February 26, 2017, 04:51:10 PM
 #1383


Most of us are hoping to see big rises in bitcoin prices in the next few months and years maybe upto 1500$+. It may take some time and maybe associated with dips in prices as well. But then I am also hoping prices to reach such amounts and hoping to sell much of my coins then. It will be a big profit then. Otherwise I will just hold the coins and sell at other prices when targets reach.

It might take a few months to achieve $1500. There will be dips, not worry.

I am ready for dips. In fact I hope prices dip upto 300$ so I can buy more again. I am a very patient type of trader enough to hold coins upto a decade.
I never panic on the field or get tensed specially since its bitcoin.

Selling everything is never my thing again. In that case its difficult to get back into the business. One thing I do often is sell smaller parts of it to book profits and then bank that. Maybe reinvest it later on as well.

I think if the price dropped from the $1200 range to $300, many people would be wondering about the future of Bitcoin, not backing up the truck to load up on a coin whose future is suddenly in doubt. A 75% decline would cause panic. I think people talking about how much they would buy if it dropped to $300 take for granted that it will automatically rise again in the future. Nothing works that way. There are no guarantees. If the price dropped so severely, it is probably because the future outlook has been greatly diminished.

raven7886
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February 26, 2017, 05:15:37 PM
 #1384

I think people talking about how much they would buy if it dropped to $300 take for granted that it will automatically rise again in the future. Nothing works that way. There are no guarantees. If the price dropped so severely, it is probably because the future outlook has been greatly diminished.
I am not believing in exact repeating of history. Because the user base and investors and their investment volume are few significant factors must be differing from last time. Even some part of people get panic on a slide, I believe rest of people will be backing bitcoins by NOT selling all the bitcoins they are holding.

Sell everything is not a recommended action for any kind of market situation. Because it will throw you out of race within seconds.
South Park
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February 26, 2017, 05:19:44 PM
 #1385

When the price is over $1200, a fall of $100 is almost nothing.
It highly depends. If you just have 0.1BTC then such a decrease in price won't impact you, but if you have thousands of coins, then it's completely different.

It's well known that the more you own, the more you potentially lose. In the latter case an 8% decrease results in your coins losing hundreds of thousands of $ in value. Definitely not what I consider to be *almost nothing*.
But that is true only if you bought at 1200 and who in their right mind bough when the price was 1200?
only speculators and newbies I suppose, if you bought at 900 you may lose some of your profits but the important thing is you still are generating profits with your investment on bitcoin.
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February 26, 2017, 05:38:10 PM
 #1386

Sell your kidneys if you have to, you can buy new ones next year when btc is 100k  Cheesy
Hahaha that is a desperate move just to buy some bitcoins.  Grin But for someone that is willing to do that for how long is he going to wait before it reaches $100k.

I don't think that next year 2017/2018 is going to be enough just to make the bitcoin reach and make itself into a 6 digit value coin.

But I won't do it anyway better to sell some unused goods that I don't need anymore and I would sell some of my coins but still keep on holding.



I think the price of the bitcoin will not be 5 digits. It will be around $1500 to $3000.

Many people are predicting that BTC can be 3000 by end of 2017 so anything is possible. I can also be worth 0. Nothing is impossible!

Nothing is impossible, I agree with you. I believe bitcoins and I will continue holding. Bitcoin already prooved to be a strong and trusted currency. Who is here today I consider a pathfinder, because few persons in the world are using bitcoins now, when many start coming to crypto currency, the first persons here will be already rich holding their bitcoins and I want to be one of them.

Yeah anything can happen with bitcoin and as a matter of fact the price now is falling. For sure this is the cause of those holders who are now selling .

And they got panic already upon seeing the price fall from $1,000. BUt still it's up to you if you are going to sell.

But I will going to keep on holding. Smiley

I think the price will not fall too much from current levels.

I am also confident that the price may fall to a maximum of $ 100. But this is a normal fluctuation of prices. You can make the purchase

When the price is over $1200, a fall of $100 is almost nothing.

Some newcomers such price drop is taken very seriously. After Bitcoin will become cheaper by $ 100, they begin to hysteria and sell everything
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February 26, 2017, 05:47:35 PM
 #1387

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.
simpler2016
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February 26, 2017, 07:38:09 PM
 #1388

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
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February 28, 2017, 08:27:27 AM
 #1389

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.
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February 28, 2017, 08:45:43 AM
 #1390

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

That's a very calm type of trader this is the type that who are going to earn good amount in terms of trading.

And now look on how much they bought bitcoin and comparing with the current price of bitcoin, surely they got profit from it already.

It can even tripled for the next months.

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February 28, 2017, 09:22:24 AM
 #1391

When the price is over $1200, a fall of $100 is almost nothing.
It highly depends. If you just have 0.1BTC then such a decrease in price won't impact you, but if you have thousands of coins, then it's completely different.

It's well known that the more you own, the more you potentially lose. In the latter case an 8% decrease results in your coins losing hundreds of thousands of $ in value. Definitely not what I consider to be *almost nothing*.
This is true and the impact will be much bigger if you invest a lot in the Bitcoin then when you do it with less like.
But if you look how things are going with the price of the Bitcoin. I don't think that you will lose a lot of money. At least i hope you don't lose a lot of money.
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February 28, 2017, 09:34:56 AM
 #1392

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.

Sorry for your loss, but at least you haven't sold all your coins then. That's what I want to say to every panic seller: do not sell all of your bitcoins ever or you will regret it big in the future. Whatever the price now, we never know whether it's going up or down in the near future, but what we do know that it is going to be up in the long run.
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February 28, 2017, 10:44:07 AM
 #1393

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.

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February 28, 2017, 11:20:44 AM
 #1394

When the price is over $1200, a fall of $100 is almost nothing.
It highly depends. If you just have 0.1BTC then such a decrease in price won't impact you, but if you have thousands of coins, then it's completely different.

It's well known that the more you own, the more you potentially lose. In the latter case an 8% decrease results in your coins losing hundreds of thousands of $ in value. Definitely not what I consider to be *almost nothing*.
This is true and the impact will be much bigger if you invest a lot in the Bitcoin then when you do it with less like.
But if you look how things are going with the price of the Bitcoin. I don't think that you will lose a lot of money. At least i hope you don't lose a lot of money.
bitcoin the more you save the more risky investment course you do. then use the best possible chance apalagai frequent fluctuations in bitcoin. always refer to the conditions and time on the market
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February 28, 2017, 12:36:50 PM
 #1395

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.

Sorry for your loss, but at least you haven't sold all your coins then. That's what I want to say to every panic seller: do not sell all of your bitcoins ever or you will regret it big in the future. Whatever the price now, we never know whether it's going up or down in the near future, but what we do know that it is going to be up in the long run.

The best strategy to overcome the volatility in bitcoin is to not do anything. The second thing is to not watch the movement of bitcoins price so when it goes down you will not panic. Third is do not panic, the reason is if it goes down today it will still climb up again and will continue to increase in value compared to price before the deflation started.
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February 28, 2017, 07:18:15 PM
 #1396

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.

Sorry for your loss, but at least you haven't sold all your coins then. That's what I want to say to every panic seller: do not sell all of your bitcoins ever or you will regret it big in the future. Whatever the price now, we never know whether it's going up or down in the near future, but what we do know that it is going to be up in the long run.

The best strategy to overcome the volatility in bitcoin is to not do anything. The second thing is to not watch the movement of bitcoins price so when it goes down you will not panic. Third is do not panic, the reason is if it goes down today it will still climb up again and will continue to increase in value compared to price before the deflation started.

Sometimes it's hard to maintain your calmness. And we can't stop ourselves from watching the movement of bitcoins price because of it, we know that we are earning good amount when the price is increasing. I can't help myself from checking the bitcoins price and I do know that most of us can't help with this matter too.

It is good to earn the bitcoin even though you can trade the bitcoin and earn more fiat.
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February 28, 2017, 09:21:22 PM
Last edit: March 02, 2017, 08:22:36 PM by South Park
 #1397

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 traders 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.
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March 01, 2017, 02:14:27 AM
 #1398

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

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DoublerHunter
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March 01, 2017, 02:38:07 AM
 #1399

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
This is very true. Most of the panic sellers or those guys that always doing sell offs whether they are already experiencing negative profit on their account are tend to be newbies or the users that are just came in the game because they didn't know already how to play this game and how the bitcoin can bounce back from a sudden dip.
btvlGainer
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March 01, 2017, 09:40:14 AM
 #1400

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
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