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Author Topic: When do you plan to sell?  (Read 92497 times)
whizter
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February 12, 2017, 11:03:15 PM
 #301

I did told myself to sell my bitcoins when i hit 6 to 7 bitcoins, though when its price is really going up high and really crazy i dont know if i want to sell it or maybe just convert it and buy some things. Though i do really want to sell some.
but currently i am not going to sell my bitcoin because bitcoin price is now trading below 1000 USD and to me i think it is the best time to buy bitcoin. because below 1000 USD the price of bitcoin is too cheap and i even like to buy more bitcoin. i have my own planning and i am going to sell my bitcoins when the price of bitcoin will cross 1200 USD. So still there is some time to sell my bitcoin.

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February 12, 2017, 11:12:30 PM
 #302

I did told myself to sell my bitcoins when i hit 6 to 7 bitcoins, though when its price is really going up high and really crazy i dont know if i want to sell it or maybe just convert it and buy some things. Though i do really want to sell some.
If you refer to all your Bitcoin holdings, I think selling everything could be a mistake. In the same way, I also think not to sell anything, if you need the money, it may be a mistake, as price could fall again, and you would have to sell at a lower price.
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February 12, 2017, 11:36:23 PM
 #303

I bought mine $950usd per bitcoin. I want to make a 25% profit, and I will be losing 10% when selling them, so about 1710 usd. Let's hope it happens!
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February 13, 2017, 12:05:51 AM
 #304

I bought mine $950usd per bitcoin. I want to make a 25% profit, and I will be losing 10% when selling them, so about 1710 usd. Let's hope it happens!

Well thats not possible, since Bitcoin is predicted to groe $25,000 but when? I don not know.

For me I plan to sell at above $1,500 or more this year or depends on trend and situation.Bitcoin might also grow more that with more country accepting bitcoin as legal tender according to news.

As I am on short trading also that range is acceptable to me so that I can buy again on lower price fluctuations with at least good margin of profit.
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February 13, 2017, 12:10:32 AM
 #305

I did told myself to sell my bitcoins when i hit 6 to 7 bitcoins, though when its price is really going up high and really crazy i dont know if i want to sell it or maybe just convert it and buy some things. Though i do really want to sell some.
If you refer to all your Bitcoin holdings, I think selling everything could be a mistake. In the same way, I also think not to sell anything, if you need the money, it may be a mistake, as price could fall again, and you would have to sell at a lower price.

People selling all their coins at once has never made a lot people happy. I did it once a long time ago, and I must say it felt horrible. Horrible in the way that I completely sold something that I so strictly believe in. I bought everything back at higher levels just to get rid of my bad feeling. Since then I just cash out small percentages per time when the price has been peaking. This way I can continue to benefit if the price happens to go up higher. Beside that I have a separate wallet with coins for long term holding purposes. Just to make sure I always have coins.

I bought mine $950usd per bitcoin. I want to make a 25% profit, and I will be losing 10% when selling them, so about 1710 usd. Let's hope it happens!

Looking at the high fee you have to pay for cashing out, do you sell them to a local buyer? Other than that, $950 + 25% = $1187.5 - 10% fee = $1068.75. Your mentioned amount of $1710 means you will need to gain 80% where after that you lose 10% in fees.
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February 13, 2017, 07:17:00 AM
 #306

I bought mine $950usd per bitcoin. I want to make a 25% profit, and I will be losing 10% when selling them, so about 1710 usd. Let's hope it happens!

You only need to sell at 1,282$ to get your 25% profit. This Pascal's tetrahedron might help you:


The next mark would be around 1,500$. We're at the 987$ mark right now. We've been here for a while now so I guess the next major movement would take us to the next mark. Although it's purely a speculation and there's no proof that bitcoin price is based on that figure, it's still showing good indicators like the 233$ and 610$. We stayed on those prices for a while as well.

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February 13, 2017, 09:37:03 AM
 #307

There's no point for me . i'd like to keep my bitcoins instead sell them. I save them for my future work . since they're growing so i have surly get some extra profit from bitcoins.
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February 13, 2017, 11:48:18 AM
 #308

There's no point for me . i'd like to keep my bitcoins instead sell them. I save them for my future work . since they're growing so i have surly get some extra profit from bitcoins.
I have hardly believed that Bitcoin price will increase but no idea about that but we do not know when it's.When deciding to sell our bitcoin,we need more conscious because of you should get potential profit from your digital currency or obviously save them for future work since they're growing mood.Considering around the bitcoin industry holding your bitcoin good decision instead of selling.
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February 13, 2017, 12:09:54 PM
 #309

You don't have to sell your bitcoins, when you can use them. Grin

Bitcoins are starting to get accepted as a legitimate payment method on some places in the South east Asia and there are shops that are accepting bitcoin as payment in first world countries. You shouldn't worry that much if your country wasn't mentioned because you can use Purse.io to purchase stuffs on Amazon using your bitcoins. Time will come and your country would adopt bitcoins as well. If other countries have started accepting bitcoins, why won't your country do it as well, right? Bitcoin adoption is starting but it's quite slow, tbh.

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February 13, 2017, 03:56:57 PM
Last edit: February 13, 2017, 04:11:21 PM by markyminer
 #310

I did told myself to sell my bitcoins when i hit 6 to 7 bitcoins, though when its price is really going up high and really crazy i dont know if i want to sell it or maybe just convert it and buy some things. Though i do really want to sell some.
If you refer to all your Bitcoin holdings, I think selling everything could be a mistake. In the same way, I also think not to sell anything, if you need the money, it may be a mistake, as price could fall again, and you would have to sell at a lower price.
i think i currently missed the right time to sell but in fact it was expected that the price of bitcoin will cross 1200 USD therefore we wait. now as thee price is trading below 1000 $ therefore there is no chance to sell in such a low price i have to wait for next few months when the price will hopefully cross 1500 $ level. therefore i will suggest that those who are already holding bitcoin should wait and those who do not have bitcoin, they should buy bitcoin even in current price and then hold it for the price increase.

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February 13, 2017, 04:23:55 PM
 #311

I did told myself to sell my bitcoins when i hit 6 to 7 bitcoins, though when its price is really going up high and really crazy i dont know if i want to sell it or maybe just convert it and buy some things. Though i do really want to sell some.
If you refer to all your Bitcoin holdings, I think selling everything could be a mistake. In the same way, I also think not to sell anything, if you need the money, it may be a mistake, as price could fall again, and you would have to sell at a lower price.
i think i currently missed the right time to sell but in fact it was expected that the price of bitcoin will cross 1200 USD therefore we wait. now as thee price is trading below 1000 $ therefore there is no chance to sell in such a low price i have to wait for next few months when the price will hopefully cross 1500 $ level. therefore i will suggest that those who are already holding bitcoin should wait and those who do not have bitcoin, they should buy bitcoin even in current price and then hold it for the price increase.
Its not really ideal to sell off our bitcoin on the current price because we are now on sub-1k price which is too low for us and same as you said its better to hold it off for a more longer time because price do really increase no matter what and i dont have any idea on which pricepoint it would reach.

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February 14, 2017, 06:38:14 AM
 #312

You don't have to sell your bitcoins, when you can use them. Grin
That is a big lessen I was taught about bitcoin ecosystem. Because in future everything will be available for bitcoin payments. I don't have enough bitcoins but I am also with you I think I am interested to hold it for at least for next 30 to 40 years. I think its price gonna rise to the extreme levels to that time.
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February 14, 2017, 07:50:53 AM
 #313

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I don't think that this is the better time to sell our bitcoin im waitingn for the right time that bitcoin will increase again into the or up to 1200+ im earning for now ans holding them all to sell next year maybe .
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February 14, 2017, 08:16:12 AM
 #314

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I don't think that this is the better time to sell our bitcoin im waitingn for the right time that bitcoin will increase again into the or up to 1200+ im earning for now ans holding them all to sell next year maybe .
Above $1000 is a good measure to sell our bitcoin with the assumption it will get a little dump soon. But if you're not a trader and just hold your money in your wallet. Just holding is not better for those people are looking into more money.

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matthona
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February 14, 2017, 12:49:49 PM
 #315

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I don't think that this is the better time to sell our bitcoin im waitingn for the right time that bitcoin will increase again into the or up to 1200+ im earning for now ans holding them all to sell next year maybe .
Above $1000 is a good measure to sell our bitcoin with the assumption it will get a little dump soon. But if you're not a trader and just hold your money in your wallet. Just holding is not better for those people are looking into more money.

Holding will depend on what volume of coins you are holding, if you have massive volume of bitcoins then it will give you good returns but if you are expecting to make huge profits by holding small amount of bitcoin then it won't give you best returns so it would be better to grow your coins and take it to certain descent level.


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danherbias07
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February 14, 2017, 01:16:40 PM
 #316

I feel the benefit and the risk lines are carefully defined. If you're a trader watch the prices fluctuations and sell at a good time, if you're just investing your captital trade it every december. lol BTC

I am an active trader on localbitcoins.com. I want to trade bitcoin for amazon giftcard code. I both buy bitcoins for amazon giftcard codes and sell amazon giftcard codes for bitcoins at good rates. I only conduct trades via the link below for safety purposes, please I dont trade outside localbitcoins, thanks.

https://localbitcoins.com/accounts/profile/chididu/

If I were you I would be careful with my colors first.  Grin I took it out with this quote because my eyes are burning from the color.

But you have the good idea about the December thing. The problem is can you patiently wait for that time when you see bitcoin fluctuating too much? Just like weeks ago where we see $1080. Wouldn't you be tempted to sell already when the price is that high?

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February 14, 2017, 01:27:05 PM
 #317

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I don't think that this is the better time to sell our bitcoin im waitingn for the right time that bitcoin will increase again into the or up to 1200+ im earning for now ans holding them all to sell next year maybe .
Above $1000 is a good measure to sell our bitcoin with the assumption it will get a little dump soon. But if you're not a trader and just hold your money in your wallet. Just holding is not better for those people are looking into more money.

right now things are not clear, which makes any kind of trade that much riskier. selling above $1000 and buying around $995 may be profitable these days but because of the situation with China, the FUD and then the ETF and also the fact that price is "kept down" you never know which way price is going to go in short term.

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February 14, 2017, 02:06:20 PM
 #318

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I don't think that this is the better time to sell our bitcoin im waitingn for the right time that bitcoin will increase again into the or up to 1200+ im earning for now ans holding them all to sell next year maybe .
Above $1000 is a good measure to sell our bitcoin with the assumption it will get a little dump soon. But if you're not a trader and just hold your money in your wallet. Just holding is not better for those people are looking into more money.

right now things are not clear, which makes any kind of trade that much riskier. selling above $1000 and buying around $995 may be profitable these days but because of the situation with China, the FUD and then the ETF and also the fact that price is "kept down" you never know which way price is going to go in short term.
I think to invest $995 to make just 10 or $20 profit is not worth. We are spending huge amount, and the returns are very less. So this is not the time to buy coins, but if you are holding coins fro long time means when the price is below $500, then this is a good time to sell your coins. Don't expect more you will get double profit. But if you recently buy coins when it crossed $900 then wait for some time to cross BTC price $1200.
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February 14, 2017, 02:52:58 PM
 #319

most of my bitcoin deposits, I would sell when the price I think is quite a profit
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February 14, 2017, 08:22:02 PM
 #320

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I don't think that this is the better time to sell our bitcoin im waitingn for the right time that bitcoin will increase again into the or up to 1200+ im earning for now ans holding them all to sell next year maybe .
Above $1000 is a good measure to sell our bitcoin with the assumption it will get a little dump soon. But if you're not a trader and just hold your money in your wallet. Just holding is not better for those people are looking into more money.
i think you should more hold your bitcoin because it is a good time to buy bitcoin for the future and then we hold it their bitcoin for high price and when price of bitcoin grow up its price to higher value  then we can be get a big profit.
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