TommyBitcoin (OP)
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June 08, 2016, 04:21:19 AM |
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Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.
What are your thoughts? Is it better to buy and hold or buy low/sell high?
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*********BUY OR SELL YOUR BITCOIN TO A TRUSTED TRADER******** ***I want to buy and sell you bitcoins***(eight )-(eight)-4 85-TOMMY
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davis196
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June 08, 2016, 06:18:53 AM |
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Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.
What are your thoughts? Is it better to buy and hold or buy low/sell high?
It depends of the situation.Last year i had the same feeling.Every time i get bitcoins,i think that the price will go down so i sell all my btc for USD.But the price does up and i lose potential profits. Now i think that it`s better to buy and hold.
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Caladonian
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June 08, 2016, 06:21:43 AM |
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it is just timing and believing mate, if you choose the buy and sell thing right now is not the perfect timing because btc keep on rising so its is profitable to hold and continue until the halving just don't lose your nerve mate believe and it will happen. good luck
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Cyaren
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June 08, 2016, 07:45:43 AM |
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Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.
What are your thoughts? Is it better to buy and hold or buy low/sell high?
Well, I believe that holding is the safest thing to do. Because arbitraging between exchange sites is pretty risky, and considering that deposits only confirm after 3 confirmations on most exchanges, by the time your coins credit, the arbitrage might have already been gone. Also, you can look at the long term instead of the short term with holding.
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Snorek
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June 08, 2016, 08:10:44 AM |
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It depends on how much Bitcoin do you own. In general arbitrage trading is considered only good option if you own massive number of coins.
With small capital your arbitrage profits could not be as significant. From the other hand holding is so far proved to be the most effective money earning strategy.
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pooya87
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June 09, 2016, 03:28:02 AM |
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Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.
What are your thoughts? Is it better to buy and hold or buy low/sell high?
what you say here is not arbitrage, arbitrage trading is something completely different. but to answer your question, it depends on you and your needs. if you need the money from the bitcoin you get, then sell it but try to keep as much as you don't need to sell because as you can see from the history the price has been rising so far and it will continue to do so.
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hasiramasenju
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June 09, 2016, 06:25:18 AM |
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sometimes i had tempted too do arbitrage if i see range prices between other exchange with my local exchange but my friends tell to me arbitrage have high risk too especially if you start it with small capital because the profit will be cut out just for the fee and he say just predict the exact prices will more better than arbitrage strategy because it doesn't works with very well for him
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Joel_Jantsen
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Get your game girl
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June 09, 2016, 07:57:15 AM |
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Subject is completely related to market conditions at that point of time.Speaking of the bitcoins in current week you can probably get an estimation that selling would probably a bad idea as the prices are hiking day to day ,even if they fall by margins there are higher chances that will increase by halving.When the market is down,you can buy coins and hold on for the price to rise.
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romero121
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June 09, 2016, 05:49:23 PM |
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Arbitrage might work well with the share market as its completely interlinked to the world economy. Bitcoin doesn't depend much on world economy. Even during the days of bad market situation bitcoin was on the increase. So right now its better to hold as you can get higher profit than arbitrage.
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amacar2
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June 09, 2016, 06:31:32 PM |
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Depends on your bankroll size if you have large sum of bitcoin you better keep on buying and selling for small swing in price like 5$ to 6$ never wait till 20$ or similar margin. And always keep your bankroll in the form of bitcoin when you stop trading for the day.
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bloodnest
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June 12, 2016, 03:03:56 AM |
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Arbitrage if you have the stomach for it.
Holding if you want to play safe with your bitcoins.
Either way, there's a potential for both to earn you bitcoins though one is more guaranteed for you to earn. You can try to play with both, lessen up the risk of losing your pool of BTC.
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martinacar
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June 13, 2016, 01:20:57 AM |
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If you want to play it safe choose the bitcoin, right now the bitcoin also has a great future so its worth it. The price will increases very soon to the range of 800 dollar so there can be made huge profits in the future days.
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Chris!
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June 13, 2016, 01:42:20 AM |
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Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.
What are your thoughts? Is it better to buy and hold or buy low/sell high?
You also have to the careful about which exchange you're using. You don't want to be stuck in a Mt Gox or Cryptsy situation where you can never withdraw your funds. Which exchange/exchanges do you use? How many Bitcoins are you trading? What % are you gaining from arbitrage? If it's over 0.5%/day then I would say it's worth it (depending on the amount you're risking of course).
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Sled
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June 17, 2016, 06:06:38 AM |
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Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.
What are your thoughts? Is it better to buy and hold or buy low/sell high?
It's better to buy bitcoins and hold them like for another weeks or months than selling it in just a few days. So, if you will buy bitcoins again i suggest to you to hold it until the bitcoin halving done on the month of july to feel the big profit that you will get.
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Herbert2020
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June 17, 2016, 06:39:27 AM |
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Whenever I get bitcoin, I immediately sell for a small profit. I have been wondering if I would be better off just holding onto them...then I think that to make money I gotta buy and sell, buy and sell, over and over.
What are your thoughts? Is it better to buy and hold or buy low/sell high?
both of them are good ways of making money, you should see which one is better for you. usually people are choosing the easy way of just buying low and hold it and wait until the price is high and then sell it. but also you can see that there is always a lot of ups and downs in the market which can be considered good opportunities to buy low and sell high every day on each of these dips and rises.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Dr.Famous
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June 17, 2016, 06:46:49 AM |
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It literally depends on the situations of both the current Bitcoin market and you, yourself. As now days bitcoin just raised the level within some days, it would have been easy to make much profit by holding them. But at the time when the price gets stable, you should be doing arbitrage. Thats how you can earn, i will ask you to hold for a month more.
~Dr.Famous~
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newcoins1978
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June 17, 2016, 12:31:32 PM |
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Holding on the bitcoin is in my eyes better because of the fact that the bitcoin is now doing some good business. Its rising very fast and will even rise to a higher amount for sure.
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eternalgloom
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June 17, 2016, 12:55:19 PM |
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I've been burnt too many times by trying to succesfully arbitrage to recommend doing it steadily. Could be just bad luck on my part or lack of knowledge I would just hold and look at the long term prospects, but that's just my opinion.
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phreaky
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June 17, 2016, 03:51:48 PM |
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What people already said is the bitcoin and that is also true, the bitcoin is better right now with the future. Its now also so profitable on a short term so that is saying enough in my eyes.
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anthonydar
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June 17, 2016, 05:43:33 PM |
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If you believe the bitcoin price is going to rise in the long term, it is better to hold it. Trading is difficult for most people.
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