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Author Topic: Dump or long term goals?  (Read 5492 times)
Shiroslullaby
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August 29, 2016, 04:34:38 AM
 #61

I think it depends on how much you are talking about selling. 
If I had only a couple coins, I would probably hold them for a couple more years. 
If I had bought 100 coins years ago, I would sell half of them and take the profits and invest in something else. 

Honestly I don't think the price of BTC will increase that much over the next couple years unless something big happens. 
Everything is stale right now. Lots of people just sitting on coins. We need more users and more coins moving for the price to really climb.

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August 29, 2016, 07:50:49 AM
 #62

I think it depends on how much you are talking about selling.  
If I had only a couple coins, I would probably hold them for a couple more years.  
If I had bought 100 coins years ago, I would sell half of them and take the profits and invest in something else.  

Honestly I don't think the price of BTC will increase that much over the next couple years unless something big happens.  
Everything is stale right now. Lots of people just sitting on coins. We need more users and more coins moving for the price to really climb.

What do you consider to be "something big"? Wall Street jumping into Bitcoin? That aside, there is no incentive for people to start buying right now. They are either waiting and holding, or even thinking to sell some coins before others do it and take the price down.

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August 29, 2016, 10:42:47 AM
 #63

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

Greed is not always a good thing but maybe in such case is a good one. You can hold the coins a little bit more. Many of the users here have long term goals or so they say at least. I am collecting coins and I have a decent amount which I am keeping for the long run. But if you bought at less than 300 if you sell them now you double your investment so maybe in this case greed is not a good thing. In the end its up to you what you think to do with your coins. Whatever you do make sure that the decision benefits you in the end in a way or another.
I dont think you should dump your bitcoins because the bitcoins can be used for allot of good things and when you get less money for it you can better keep it on a long term maybe the price of the bitcoin will rise a bit after you store them and that will only be positive so if you have some coins just leave them and not just dump them is you think that is the best you can do.
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August 29, 2016, 12:46:32 PM
 #64

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

Greed is not always a good thing but maybe in such case is a good one. You can hold the coins a little bit more. Many of the users here have long term goals or so they say at least. I am collecting coins and I have a decent amount which I am keeping for the long run. But if you bought at less than 300 if you sell them now you double your investment so maybe in this case greed is not a good thing. In the end its up to you what you think to do with your coins. Whatever you do make sure that the decision benefits you in the end in a way or another.
If you think you should dump your bitcoins i cant stop you off course but why dumping them if you can also hold them and maybe make more money with it that would be nice or not. Never
just dump your bitcoins some times you can better keep them instead of dumping them!
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August 29, 2016, 01:52:33 PM
 #65

from the day i got into bitcoin i had long term plans for it.
so i made my purchases with my long term plan in mind. that is why i have bought as many bitcoin as i could afford in the range of $215-$230 and for a short time at $180 and now i am overjoyed with the profit that i made.

also this doesn't mean i haven't sold anything because i did and withdrawn the profit then bought back same amount of bitcoin.

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August 29, 2016, 02:04:25 PM
 #66

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.
That sounds like a wishful thinking to me.
It is not about buying and wishing the price to increase to increase the value of your holdings.
It is about buying when you're convinced the price has to rise. The difference is subtle but significant!

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randy8777
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August 29, 2016, 02:23:36 PM
 #67

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.
That sounds like a wishful thinking to me.
It is not about buying and wishing the price to increase to increase the value of your holdings.
It is about buying when you're convinced the price has to rise. The difference is subtle but significant!

a lot people think very easy about buying bitcoin. they think it's just buying and hoping that the price goes up. that's not really what i consider to be investing. that's called taking a gamble.
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August 29, 2016, 07:42:55 PM
 #68

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.
That sounds like a wishful thinking to me.
It is not about buying and wishing the price to increase to increase the value of your holdings.
It is about buying when you're convinced the price has to rise. The difference is subtle but significant!

a lot people think very easy about buying bitcoin. they think it's just buying and hoping that the price goes up. that's not really what i consider to be investing. that's called taking a gamble.
And unfortunately most of the posts in the speculation section seem to confirm that. People take risky gambles without thinking and when they realise that they bought on the top it is too late.

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August 29, 2016, 08:18:19 PM
 #69

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.
That sounds like a wishful thinking to me.
It is not about buying and wishing the price to increase to increase the value of your holdings.
It is about buying when you're convinced the price has to rise. The difference is subtle but significant!

a lot people think very easy about buying bitcoin. they think it's just buying and hoping that the price goes up. that's not really what i consider to be investing. that's called taking a gamble.

not really, because bitcoin is suppose to increased in the end, it is obligated otherwise the mienrs will leave the scene and bitcoin is dead, so by this they are buying because they are almost sure that the price will increase, thus making a nice profit imho



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August 30, 2016, 03:44:56 AM
 #70

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

After it reaches 900$ - 1100$ .. it is safe to trade gamble. ( good luck at gambling!  Cheesy )
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August 30, 2016, 01:37:24 PM
 #71

Bitcoin has a lot of potential. We saw it drops and we saw it rise its price. Dumping it is not a good choice unless you really need to use it. Better wait for the price of it to rise. We never know when it will rise again but i believe on bitcoin. It is tested by years. I dont care if its drops, it always happen and naturaly happen.


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August 30, 2016, 02:38:10 PM
 #72

I dont think you should ever dump your bitcoins because there are always peopel who want to buy them from you and maybe you will get any profit with it if you hold them for a little bit longer you know i think that is the best strategy you could use.
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August 30, 2016, 02:43:23 PM
 #73

I dont think you should ever dump your bitcoins because there are always peopel who want to buy them from you and maybe you will get any profit with it if you hold them for a little bit longer you know i think that is the best strategy you could use.


Hey agreeing that bro, If we save some bitcoins with your buying efficient then it would be helpful in future years because bitcoin is having potential like gold and diamond. I think this is only money which is costlier than gold.



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LFC_Bitcoin
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August 30, 2016, 03:08:34 PM
 #74

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

Pretty much same here. If we went to for example $1200 per coin I'd definitely sell a portion. I doubt I'll ever sell EVERYTHING that I HODL though just incase we really do get lift off one day & I spend the rest of my life regretting my dumb decision to sell all.

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August 30, 2016, 05:53:38 PM
 #75

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

If you want to enjoy the profits then you have to sell them or at least sell them and buy at a lower price.

At the halving period I was wondering too to sell the bitcoin but then decided to hold for a longer time because I'm became addicted to hold Tongue

I don't plan never to dump my bitcoin unless I become in an emergency situation and I'm forced to sell my bitcoins.


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September 01, 2016, 10:02:32 PM
 #76

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

If you want to enjoy the profits then you have to sell them or at least sell them and buy at a lower price.

At the halving period I was wondering too to sell the bitcoin but then decided to hold for a longer time because I'm became addicted to hold Tongue

I don't plan never to dump my bitcoin unless I become in an emergency situation and I'm forced to sell my bitcoins.

I don't believe in holding for long term, I will sell my coins as soon as I see some profits in it, and I am investing my money in it to earn profits and if I miss the opportunity then its useless to invest.
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September 01, 2016, 10:39:57 PM
 #77

I have already taken some profits so I'm now in the stage of hodling the coins I have in my hodling stash indefinitely. I'm in no hurry or rush.
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September 02, 2016, 12:07:06 AM
 #78

I personally just wobble back and forth between holding and exchanging some for fiat, so I guess you could say that my long-term goals are to make some money off of whatever I don't exchange, but there might be a period in the future where I might dump if the value starts to go too low for my liking. My personal outlook for Bitcoin is a slight upwards trend unless something happens to change all of that.
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September 02, 2016, 01:52:50 AM
 #79

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

Greed is not always a good thing but maybe in such case is a good one. You can hold the coins a little bit more. Many of the users here have long term goals or so they say at least. I am collecting coins and I have a decent amount which I am keeping for the long run. But if you bought at less than 300 if you sell them now you double your investment so maybe in this case greed is not a good thing. In the end its up to you what you think to do with your coins. Whatever you do make sure that the decision benefits you in the end in a way or another.
If you think you should dump your bitcoins i cant stop you off course but why dumping them if you can also hold them and maybe make more money with it that would be nice or not. Never
just dump your bitcoins some times you can better keep them instead of dumping them!
in my opinion destruction prices by wholesalers it is a good thing so we could take advantage of it to buy some of the bitcoin as much as we can because in my point of view if traders dump the price then they need a bubble to cover losses that have been made.

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September 02, 2016, 11:08:51 PM
 #80

I have already taken some profits so I'm now in the stage of hodling the coins I have in my hodling stash indefinitely. I'm in no hurry or rush.

Exactly even I grabbed some good profits at $750 price as I bought when price was $450 so I am holding rest of my coins for the future and also trying my luck on trading sometimes to increase the volume of my coins.
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