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Author Topic: Dump or long term goals?  (Read 5489 times)
milewilda
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September 03, 2016, 02:17:55 AM
 #81

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.

Wholesalers wont  dont such thing because  they are also waiting for a bubble to make them or gain good profits in long term. You are trully correct if someone would dump their huge volume of coins for sure it would dump its price and those oppurtunist would definitely buy bitcoin while they are still low on price.

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September 03, 2016, 03:14:45 AM
 #82

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.

Wholesalers wont  dont such thing because  they are also waiting for a bubble to make them or gain good profits in long term. You are trully correct if someone would dump their huge volume of coins for sure it would dump its price and those oppurtunist would definitely buy bitcoin while they are still low on price.
that is always what happen mate when bagholders do some collapse of the price they are also taking advantage of weak holders the one who got panic will loss investment but those who believes and ready to hold for a long term will gain profits.

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September 03, 2016, 05:39:07 PM
 #83

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.
It does depend highly on the amount that you have. I would really say that in the long run bitcoin will be a very good investment. Dumping will only slow that process for everyone, however dumping is not possible for individuals, only an exchange or whales may do that.

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September 03, 2016, 05:49:02 PM
 #84

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.

yes but at some point you want to dump if you want to take profit, and where is that poin? no one know that's the problem, i usually don't dump when i see the price falling for bad news, i know it will recover quickly



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September 03, 2016, 07:38:54 PM
 #85

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.

yes but at some point you want to dump if you want to take profit, and where is that poin? no one know that's the problem, i usually don't dump when i see the price falling for bad news, i know it will recover quickly

Securing profits is essential, because if you are not doing it, then you are missing out on profits and also miss out on buying back at lower prices. I have been a long term holder without the interest of securing profits from time to time. I found myself missing out a lot on peaks and dumps. That's exactly why I started with cashing out some coins every now and then. I'm in a much better position right now.

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October 05, 2016, 09:02:48 AM
 #86

I think depend on our strategy of trading, because there are some traders who used long term strategy and there are some traders who used short term strategy. But the most important of strategy is we can make profit as constantly from trading. Although price is going down or up, we always make profit from it.
It is best to do both hold on to your Bitcoin and sell some of them when you can make a profit because if you are just going to wait and Bitcoin will die then you have waited for nothing.
make some money with bitcoin ass long as you can.
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October 05, 2016, 01:46:39 PM
 #87

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 coins because i know for sure that dumping the coins is not great for the future of the coins just hold them and maybe you will see the price rising.
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October 05, 2016, 03:04:56 PM
 #88

if we missed a good rate that we want, i think we hold it for a while for next up rate for the price and i think you don't have to sell it for todays rate. you can hold it and waiting for the price that you want and sell it.

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October 05, 2016, 04:15:12 PM
 #89

I've no plans to ever sell, but for others it does make sense to get some benefit from a rise. Hopefully by now people are wise enough to figure out that a journey to the stars always concludes with a significant fall again. It'll be interesting to see how many people hang on to this if there ever is a proper bubble again. I suspect most of them will throw their hard won prudence straight out the window.

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October 05, 2016, 08:26:41 PM
 #90

I've no plans to ever sell, but for others it does make sense to get some benefit from a rise. Hopefully by now people are wise enough to figure out that a journey to the stars always concludes with a significant fall again. It'll be interesting to see how many people hang on to this if there ever is a proper bubble again. I suspect most of them will throw their hard won prudence straight out the window.

Yeah it is really good to hold bitcoin because of what  you  said, it will  increase  in price with some drop occasionally  and wise people should know that. but smarter  people ride the rise and fall o f the bitcoin price  to book profit  and at the end, they still hold their bitcoin more than what they have in the beginning. The beauty of Buy and sell circle.


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October 06, 2016, 01:46:17 AM
 #91

I'm having long term goals right now, I really have faith in the future in the bitcoin and I think that on a long term it will be very profitable because it can become the next global currency!
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October 06, 2016, 07:18:14 AM
 #92

I'm having long term goals right now, I really have faith in the future in the bitcoin and I think that on a long term it will be very profitable because it can become the next global currency!

Theres a  possibility for bitcoin to be the next global currency  but  it would take  long long time  to consider hence its  just a digital currency that being created and  there are lots of factors that  government  would   block this  kind  of  event because bitcoin   would be  a threat for them.



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October 06, 2016, 08:33:25 AM
 #93

I am holding my bitcoins for price to raise high.When the bitcoin price crosses $15000 dollars, then i would sell half of my bitcoins for fiat and hold the remaining for future.I have decided this based on long term benefits.

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October 06, 2016, 08:34:30 AM
 #94

Depends, because if you are short of money you need to exchange faster and then the "current price" is not a matter Wink

I am holding my bitcoins for price to raise high.When the bitcoin price crosses $15000 dollars, then i would sell half of my bitcoins for fiat and hold the remaining for future.I have decided this based on long term benefits.

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TheSnow
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October 06, 2016, 08:39:13 AM
 #95


It is best to do both hold on to your Bitcoin and sell some of them when you can make a profit because if you are just going to wait and Bitcoin will die then you have waited for nothing.
make some money with bitcoin ass long as you can.

Yup agree with you.I know bitcoin will become more popular and the population who will using bitcoin will increase.But we also know the risk for bitcoin getting dead in the future.Before this happening,better we sell a bit of our coin if the price is good enough to give us some profit.

Altynbekova
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October 06, 2016, 10:49:56 AM
 #96

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.

Indeed I don't see any good reason to dump yet either. For sure I'll be holding till atleast the next halving 2020 and from that point I'll decide my next move probably.
Unless bitcoin suddenly jumps to 1k, then i'll dump all.
Adaleon
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October 06, 2016, 06:07:36 PM
 #97

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 coins because i know for sure that dumping the coins is not great for the future of the coins just hold them and maybe you will see the price rising.

I also think that dumping is not an option you can better just hold them for a long term and than see what you are gonna do.
Most likely a long term will be very profitable if you are asking me.
Hugroll
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October 06, 2016, 06:12:50 PM
 #98

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

well i was kind of in the same position as you, i bought low and after the halfing i had plans to sell but just decided to hold for some time and am still holding to this day lol. if the price goes up a bit more i might sell.
JumperX
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October 07, 2016, 12:22:28 AM
 #99

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

well i was kind of in the same position as you, i bought low and after the halfing i had plans to sell but just decided to hold for some time and am still holding to this day lol. if the price goes up a bit more i might sell.

When price crossed $750 level before the halving everyone was hoping to see the price of $1k at the halving but it didn't happen so people who sold at that price would be much satisfied with their profits.

ElpadroBitcoin
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October 07, 2016, 02:33:22 AM
 #100

I'm going for long term because I love them and I also think that they are better because of the fact that its easy with the bitcoin plus it also has a good future a head.
The bitcoin will go to a much higher amount soon or later.
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