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Author Topic: Dump or long term goals?  (Read 6232 times)
buddu
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August 28, 2016, 10:26:57 AM
 #41

It has no sense to dump because there is no solid reason to do this. I will wait anyway I have only 5 Bitcoins for 1 years time and will keep holding. Since the number is smaller I don't see anything attractive to dump for roughly few hundreds dollars profit. I will keep eye on long term like I did till today.
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August 28, 2016, 10:34:19 AM
 #42

We have seen a lot of people waiting in high anticipation for a BIG increase in the price during the Halving event. How many people wanted this to happen, just to dump and run and how many of them

were ignoring this and are in this for the long haul? I was planning to sell some coins at a inflated price to enjoy the fruit of my labour, but decided to hold a little longer. I already more than doubled the

amount I spend on the investment a year ago, when the price were $200+ ... but greed wants me to hoard a little bit longer. How many others wanted to do the same? I will never sell everything, but I

want to enjoy the profits.  Roll Eyes

Not me. I'd rather risk trading them all than wait for month before taking the fruits.
I haven't bought when it was still $200 though but yes i've bought few when it reached 400+ until i decide to buy some coins under ICO. I prefer to do trading whatever the results of what I'm doing, can be more profitable than losing time without learning how all these works.


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salmanahmedone
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August 28, 2016, 10:59:46 AM
 #43

It has no sense to dump because there is no solid reason to do this. I will wait anyway I have only 5 Bitcoins for 1 years time and will keep holding. Since the number is smaller I don't see anything attractive to dump for roughly few hundreds dollars profit. I will keep eye on long term like I did till today.

Yes, there is no panic in bitcoin industry and hence no need to Dump. Just keep on saving the coins for long term and you will get fruitful results. Current price is also not attractive for dumping.






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August 28, 2016, 12:42:25 PM
 #44

long term of course. since my time in bitcoin i have been through many dramatic happenings where a lot other (most likely noobish) people were very much having doubts about where all this would end. literally nothing can make me thing otherwise about what bitcoin can do in the future. the need for bitcoin as an alternative will only increase. i'll keep holding my coins no matter what.
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August 28, 2016, 03:34:15 PM
 #45

i don't see why i can't do both at the same time Smiley
well maybe not dump since it has kind of a negative meaning with itself. but more of selling on big sudden rises to stay involved with the market and make profit and then buy back at the dips to continue having bitcoin in my wallet and add to it if possible.
and mostly keep the profit + investment for the long term investment.

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August 28, 2016, 03:45:01 PM
 #46

We have seen a lot of people waiting in high anticipation for a BIG increase in the price during the Halving event. How many people wanted this to happen, just to dump and run and how many of them

were ignoring this and are in this for the long haul? I was planning to sell some coins at a inflated price to enjoy the fruit of my labour, but decided to hold a little longer. I already more than doubled the

amount I spend on the investment a year ago, when the price were $200+ ... but greed wants me to hoard a little bit longer. How many others wanted to do the same? I will never sell everything, but I

want to enjoy the profits.  Roll Eyes

Not me. I'd rather risk trading them all than wait for month before taking the fruits.
I haven't bought when it was still $200 though but yes i've bought few when it reached 400+ until i decide to buy some coins under ICO. I prefer to do trading whatever the results of what I'm doing, can be more profitable than losing time without learning how all these works.

You might do this now, but it gets pretty boring after a few years. I would rather hoard the majority to reduce the risk and profit when the time is

right. I only speculate with a very small percentage of my coins and make sure my hard earned bitcoins are safely stored away. I was around when

the price was even lower than $200 ... but I did not invest, because it was relatively new in my corner of the world at the time.  Sad

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August 28, 2016, 03:53:06 PM
 #47

Long term always ends well, I always think short-term and greedy, but apparently it always made me regret. but with good patience I think you can always get a high profit. for example, when I trade on altcoin which basically is always short-term play. but with patience is always pretty good on price and high rise.

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August 28, 2016, 03:54:55 PM
 #48

I'm long and will stay long.
I see o reason why should I dump my coins.
The fundamentals are still looking good and really promising.
This is all what I need to know and what counts imo.

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August 28, 2016, 04:24:54 PM
 #49

Actually i have decided to go with bitcoin on long term way. Because when i started with bitcoin in that time, i have no any good idea about investment or trading with bitcoin, but now i know everything about bitcoin so thats why i never left the bitcoin in hurry.

                                 
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August 28, 2016, 04:42:53 PM
 #50

No reason why should you sell your Bitcoins right now unless it's emergency. Basically even in the future, if the price reaches 1000$, people will still doubt if that's the time to sell his coins. Once the price reaches that level, greed will take over and you'd want to hold on to your bitcoins a "little" longer. But it turns out, that "little longer" of yours would take weeks/months. I personally will hold my bitcoins until I need to buy something expensive. The price of bitcoin will increase, it's just a matter of time so the longer you hold it, the more profit you'll have.
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August 28, 2016, 04:58:41 PM
 #51

No reason why should you sell your Bitcoins right now unless it's emergency. Basically even in the future, if the price reaches 1000$, people will still doubt if that's the time to sell his coins. Once the price reaches that level, greed will take over and you'd want to hold on to your bitcoins a "little" longer. But it turns out, that "little longer" of yours would take weeks/months. I personally will hold my bitcoins until I need to buy something expensive. The price of bitcoin will increase, it's just a matter of time so the longer you hold it, the more profit you'll have.

Yes, besides He bought very cheap in $200 , and if he decides to sell now to take profit no guarantee that the price again fall so low and if he decides re-buy on some point, the price will be higher than $200 for sure.
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August 28, 2016, 08:29:47 PM
 #52

Definitely long term myself. The price action is never all the way up or all the way down, respectively. There are numerous bumps on the road and one needs to be patient, provided his/her conviction about the price goal is correct. To my understanding, Bitcoin has the potential of going quite far up if the are positive developments and we have new investors flowing in. An that is way I keep being long-term holder.

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August 28, 2016, 08:34:00 PM
 #53

Don't hoard and hope for better days when better days are already upon you. You want to enjoy the fruits of your labor then you should do exactly that! Warning, we are human and we don't live or are even healthy forever- enjoy your profits and save what you feel you need to but enjoy it because tomorrow you maybe unable!

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August 28, 2016, 09:22:28 PM
 #54

I wanted to see a big increase just because I want the value of what I am holding to increase. Also I would sell some with a big spike in price but only to buy back when the price has a drop.
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August 28, 2016, 09:57:06 PM
 #55

I think holding the bitcoins for the long term goals is the best decision, because we expect that the Bitcoin's price will increase highly in the few coming months and years.
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August 28, 2016, 10:08:17 PM
 #56

I think holding the bitcoins for the long term goals is the best decision, because we expect that the Bitcoin's price will increase highly in the few coming months and years.
Honestly for me its not the best solution if you just holding it for a long term and exchange them in the future to get also the profit you will never make a profit after you exchange.. so for me i will invest and make my own business online that can be long term goals the more my business are old the more bitcoins or revenue that i get.. just  i will always manage it so that i will learn a good amount or even as passive amount..

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August 28, 2016, 10:13:35 PM
 #57

I think investing some part of your bitcoins , and holding the remaining part, would be the right choice. This way you make earning in the short and long term.
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August 29, 2016, 12:21:28 AM
 #58

I think investing some part of your bitcoins , and holding the remaining part, would be the right choice. This way you make earning in the short and long term.
Investing where? Because I see all the time people are commenting that it it wise to diversify their financial portfolio and invest bitcoin.
But I rarely see any specific examples. You are investing in ICO, casino bankroll, mining, other projects?
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August 29, 2016, 04:13:06 AM
 #59

I think investing some part of your bitcoins , and holding the remaining part, would be the right choice. This way you make earning in the short and long term.
Investing where? Because I see all the time people are commenting that it it wise to diversify their financial portfolio and invest bitcoin.
But I rarely see any specific examples. You are investing in ICO, casino bankroll, mining, other projects?

diversify your money, it is a better choice.
invest in bitcoin, Gold, stocks, or any other thing you may find interesting in your country and you find invest-worthy Cheesy
but try to stay away from ICO because it is risky and stay away from mining and other projects because they are scam.
i suggest trading with bitcoin in bitcoin/fiat or bitcoin/altcoin market.

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August 29, 2016, 04:27:33 AM
 #60

I think investing some part of your bitcoins , and holding the remaining part, would be the right choice. This way you make earning in the short and long term.
Investing where? Because I see all the time people are commenting that it it wise to diversify their financial portfolio and invest bitcoin.
But I rarely see any specific examples. You are investing in ICO, casino bankroll, mining, other projects?

diversify your money, it is a better choice.
invest in bitcoin, Gold, stocks, or any other thing you may find interesting in your country and you find invest-worthy Cheesy
but try to stay away from ICO because it is risky and stay away from mining and other projects because they are scam.
i suggest trading with bitcoin in bitcoin/fiat or bitcoin/altcoin market.
we can still see some good ico mate but needed to be more extra careful and more research about the dev, and with alt trading that's the big thing  knowing or researching for a good quality alt will make you profits sometime a big big profit don't dump make assessment and hold some more time and you see your achievement.

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