jamesl22
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May 12, 2016, 10:11:23 AM |
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It depends on at what price you actually bought your coins, if you bought at lower price then you should not hesitate in selling at current price if you are earning profits from it.
Exactly. Don't be greed too much waiting for that high price because ometimes holding too much will just result for a big loss. Once you make profits don't hesitate to sold it depends on the current price trend and rally. Yes I recently sold majority of my coins as it was giving me almost double profits on my investments, so I preferred to sell it and make profits from it. Good for you. It always depend on the current price trend. Sometimes when I reached double profits Im still looking for the some possiblity or factors that will make the price move either it's up or down before doing such move. If you are earning double of your investments then you should sell all your coins, what else you expect for? If you don't sell that point than you are treating your investments and profits in a worst way.
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DuckKeeper
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May 12, 2016, 01:29:42 PM |
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It depends on at what price you actually bought your coins, if you bought at lower price then you should not hesitate in selling at current price if you are earning profits from it.
Exactly. Don't be greed too much waiting for that high price because ometimes holding too much will just result for a big loss. Once you make profits don't hesitate to sold it depends on the current price trend and rally. Yes I recently sold majority of my coins as it was giving me almost double profits on my investments, so I preferred to sell it and make profits from it. It would be nice if you can hold you coin for a longer time and that is because there are now more people that is going to use Bitcoin and that is perfect for the currency itself. And the chance is also higher that you can make some profit with it and that is perfect for the users.
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tampazeus
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May 12, 2016, 03:44:53 PM |
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It depends on at what price you actually bought your coins, if you bought at lower price then you should not hesitate in selling at current price if you are earning profits from it.
Exactly. Don't be greed too much waiting for that high price because ometimes holding too much will just result for a big loss. Once you make profits don't hesitate to sold it depends on the current price trend and rally. Yes I recently sold majority of my coins as it was giving me almost double profits on my investments, so I preferred to sell it and make profits from it. It would be nice if you can hold you coin for a longer time and that is because there are now more people that is going to use Bitcoin and that is perfect for the currency itself. And the chance is also higher that you can make some profit with it and that is perfect for the users. No, I think he did the right thing by selling as he earned double of his invesment, its good to see that he didn't get greedy and holded for long time to earn more profits which might not possible if price drops.
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jak1
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May 12, 2016, 04:54:05 PM |
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It depends on at what price you actually bought your coins, if you bought at lower price then you should not hesitate in selling at current price if you are earning profits from it.
Exactly. Don't be greed too much waiting for that high price because ometimes holding too much will just result for a big loss. Once you make profits don't hesitate to sold it depends on the current price trend and rally. Yes I recently sold majority of my coins as it was giving me almost double profits on my investments, so I preferred to sell it and make profits from it. Its best now to sell not any coin. The value is not worth to sell it. We must all wait a while for halving, that will be the best option. You can also now see that the value is rising slowly and that is very good for those who made an investment. So I'm sure there will be an increase in price. Unfortunately I've sold at a price of $ 405 because i needed money and i sold my 12 BTC. Feeling so Sad.
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co5hike
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May 12, 2016, 05:32:14 PM |
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It depends on at what price you actually bought your coins, if you bought at lower price then you should not hesitate in selling at current price if you are earning profits from it.
Exactly. Don't be greed too much waiting for that high price because ometimes holding too much will just result for a big loss. Once you make profits don't hesitate to sold it depends on the current price trend and rally. Yes I recently sold majority of my coins as it was giving me almost double profits on my investments, so I preferred to sell it and make profits from it. Its best now to sell not any coin. The value is not worth to sell it. We must all wait a while for halving, that will be the best option. You can also now see that the value is rising slowly and that is very good for those who made an investment. So I'm sure there will be an increase in price. Unfortunately I've sold at a price of $ 405 because i needed money and i sold my 12 BTC. Feeling so Sad. Are you reading above comments or not? or you just want to increase your post counts? He is clearly saying that he earned double on his investments,and you are saying its not the right time to sell, spare some time to read the posts and comment accordingly.
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Cantoner
Member
Offline
Activity: 71
Merit: 10
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May 12, 2016, 07:48:24 PM |
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It depends on at what price you actually bought your coins, if you bought at lower price then you should not hesitate in selling at current price if you are earning profits from it.
Exactly. Don't be greed too much waiting for that high price because ometimes holding too much will just result for a big loss. Once you make profits don't hesitate to sold it depends on the current price trend and rally. Yes I recently sold majority of my coins as it was giving me almost double profits on my investments, so I preferred to sell it and make profits from it. Good for you. It always depend on the current price trend. Sometimes when I reached double profits Im still looking for the some possiblity or factors that will make the price move either it's up or down before doing such move. Well if i were you ,or any of those bagholders that has the coin invested worthing around 100% i would sell it instant without hesitate,profit is profit makes no sense hold for 1 year a coin hoping it to break and get 200% or more,if you able to make profit you should sell the market acts always different up and down are the only places where the coins can go and with bitcoin the same thing.I had lost some bitcoins because i enter on the wrong moment and i didnt wanna to sell for a loss,result the coin dropped to half and i were forced to sell as i need the coins.
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gerXhonza
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May 12, 2016, 08:49:51 PM |
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If you don't want to sell your coins then why are you earning it or buying it, everyone here is buying or earning only to make good profits from it.
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AsaroUk
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May 17, 2016, 09:21:38 AM |
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It depends on at what price you actually bought your coins, if you bought at lower price then you should not hesitate in selling at current price if you are earning profits from it.
Exactly. Don't be greed too much waiting for that high price because ometimes holding too much will just result for a big loss. Once you make profits don't hesitate to sold it depends on the current price trend and rally. Yes I recently sold majority of my coins as it was giving me almost double profits on my investments, so I preferred to sell it and make profits from it. It is around this time not that smart to sell now and that is because the value is going to be more worth and it is nice that people are holding it now so that is good. But of course there will be a possibility that it will takes a longer time until we can sell it.
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jamesl22
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May 17, 2016, 09:31:14 AM |
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It depends on at what price you actually bought your coins, if you bought at lower price then you should not hesitate in selling at current price if you are earning profits from it.
Exactly. Don't be greed too much waiting for that high price because ometimes holding too much will just result for a big loss. Once you make profits don't hesitate to sold it depends on the current price trend and rally. Yes I recently sold majority of my coins as it was giving me almost double profits on my investments, so I preferred to sell it and make profits from it. It is around this time not that smart to sell now and that is because the value is going to be more worth and it is nice that people are holding it now so that is good. But of course there will be a possibility that it will takes a longer time until we can sell it. Holding it till halving is good, as it is expected that price will rise at the time of halving, so if you want good profits then you can sell at that time.
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ultimatesky
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May 17, 2016, 09:49:28 AM |
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No it is not smart to not sell any coin, if you want to make many you have to sell some unless you only want to gamble with them. Most people wait for the future to sell there coins but I like to sell some in the mean time.
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peta4e
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May 17, 2016, 10:08:39 AM |
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No it is not smart to not sell any coin, if you want to make many you have to sell some unless you only want to gamble with them. Most people wait for the future to sell there coins but I like to sell some in the mean time.
Yeah if its allowing you to earn some profits then you should sell it without waiting for future, as if price falls in future then you need to wait longer time to see higher price.
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neochiny
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May 17, 2016, 10:44:08 AM |
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No it is not smart to not sell any coin, if you want to make many you have to sell some unless you only want to gamble with them. Most people wait for the future to sell there coins but I like to sell some in the mean time.
agreed!!! selling some coins at the moment even halving is not there yet is not a bad idea. but holding it for the halving is a great idea having more income is much better but what you need is patience and i dont have a lot of that.
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mark coins
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May 17, 2016, 10:48:07 AM |
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No it is not smart to not sell any coin, if you want to make many you have to sell some unless you only want to gamble with them. Most people wait for the future to sell there coins but I like to sell some in the mean time.
agreed!!! selling some coins at the moment even halving is not there yet is not a bad idea. but holding it for the halving is a great idea having more income is much better but what you need is patience and i dont have a lot of that. Its just a matter of 2 months now, we need to have patience so that we can earn good amount of profits by selling at the time of halving.
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ripplehd
Full Member
Offline
Activity: 154
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
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May 17, 2016, 10:53:39 AM |
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im only panic holding btc
If you don't have a bank account then this is good enough for you. I didn't have a bank account before and I'm kicking myself because I had no clue that I could've opened a wallet and earned my first bitcoin so if you don't have a bank account then bitcoin is a good alternative to use because you can be you're own bank.
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Wapinter
Legendary
Offline
Activity: 2632
Merit: 1026
Hire me for Bounty Management
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May 17, 2016, 10:58:14 AM |
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It depends on at what price you actually bought your coins, if you bought at lower price then you should not hesitate in selling at current price if you are earning profits from it.
Exactly. Don't be greed too much waiting for that high price because ometimes holding too much will just result for a big loss. Once you make profits don't hesitate to sold it depends on the current price trend and rally. Yes I recently sold majority of my coins as it was giving me almost double profits on my investments, so I preferred to sell it and make profits from it. I too had to sell my coins last month because I was in need of some cash.As now I see prices going up,I repent my decision to sell them.I think one should sell after halving if prices reach above $1000
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ivanst776
Legendary
Offline
Activity: 1540
Merit: 1003
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May 17, 2016, 10:59:27 AM |
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If you don't want to sell your coins then why are you earning it or buying it, everyone here is buying or earning only to make good profits from it.
OP was talking about exist time. he doesn't mean thet he'll not sell his coins in future also. but now I think OP can sell his bitcoin. or may be wait for halving. in halving you sell your bitcoin and get double amount of profit.
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dezoel
Legendary
Offline
Activity: 2016
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
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May 17, 2016, 11:05:24 AM |
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If you don't want to sell your coins then why are you earning it or buying it, everyone here is buying or earning only to make good profits from it.
OP was talking about exist time. he doesn't mean thet he'll not sell his coins in future also. but now I think OP can sell his bitcoin. or may be wait for halving. in halving you sell your bitcoin and get double amount of profit. You mean to say that price of bitcoin would be around $900 at the time of halving? I don't think that is possible, price would be around $600, so if you have bought at $250 in the past then you can double your profits.
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DimensionZ
Sr. Member
Offline
Activity: 350
Merit: 250
Shit, did I leave the stove on?
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May 17, 2016, 11:13:08 AM |
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im only panic holding btc
Yup I fully agree with you. I am panic holding as well because I am scared to sell too early and get screwed by accepting a much lower price than what the potential price may be down the road. Plus I have invested in Bitcoin what I can afford to lose so no panic selling for me and I will wait to the very end before unloading the stash
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The_prodigy
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May 17, 2016, 11:23:43 AM |
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If you don't want to sell your coins then why are you earning it or buying it, everyone here is buying or earning only to make good profits from it.
OP was talking about exist time. he doesn't mean thet he'll not sell his coins in future also. but now I think OP can sell his bitcoin. or may be wait for halving. in halving you sell your bitcoin and get double amount of profit. You mean to say that price of bitcoin would be around $900 at the time of halving? I don't think that is possible, price would be around $600, so if you have bought at $250 in the past then you can double your profits. There still possibility that the price will be double but i'm not sure because i'm not a fortune teller to know it.. I just relaying at the block halving if you understand what is halving you will know it. For me if block halving is done the block rewards will be half so as of now block reward still 25 btc so if you half the reward it will 12.5 so the price should be rise to double..
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Shibashi Dogemoto
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May 17, 2016, 11:47:57 AM |
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im only panic holding btc
Yup I fully agree with you. I am panic holding as well because I am scared to sell too early and get screwed by accepting a much lower price than what the potential price may be down the road. Plus I have invested in Bitcoin what I can afford to lose so no panic selling for me and I will wait to the very end before unloading the stash Yeah you should only sell when you are earning some profits from it, even if the price drops you need to hold it longer for price rise and sell when the right time comes.
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