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Author Topic: When do you plan to sell?  (Read 92503 times)
Japinat
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January 30, 2017, 05:25:32 AM
 #181

My plan of selling is always changing, there are times that I'm saying to myself that I'm going to sell by the end of the year. But I can't avoid the emergency situations that I've been through and I don't have choice for it but to sell my bitcoins in order to make it as a solution to that problem, but still I manage to hold and remain some.
Emergency timing is good as at that time no one can stop to sell and provide money for that emergency but fro the other times i will say that t will be good if a person keep some price threshold for himself like if he keep that if the price reach to a certain level then he will sell then it is ok while keeping the time according to calendar is wrong and no one know that at which month the price will be high to earn us profit.

The bad thing about emergency timing is when the price is not good and you don't have choice because of your need, you'll sell at the price that you don't desire. I really did experience that for so many times and it always making me feel regret every time I'm going to sell but just like what I've said, I don't have choice but to sell.

A person who is full time into bitcoins and is the primary source of income then he will definitely sell his coins on regular basis as needs fiat to take of his living and basic stuffs and for the same reason he will prefer to sell some part of coins regularly but a person whose income is in fiat and earning bitcoins as an extra income will prefer to hold his coins for a long term.
If you consider bitcoin as your full time job then you are either be a day trader or online worker, or maybe both. You have to sell your bitcoins from time to time so you can buy your daily needs. However, you have a better chance to earn bigger income than in real life job because the opportunities you can find here are better than in real life. The competition is great but it is an honest competition and you will be rewarded by your real effort.

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January 30, 2017, 05:52:07 AM
 #182

I am planning to sell most of my holdings (may be 75%), when the exchange rate reaches $10,000 per coin. The remaining I will keep, until my retirement (some 25 years from now). But I don't have that much in BTC holdings. In my wallet I have less than BTC0.20

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January 30, 2017, 07:38:51 AM
 #183

I am planning to sell most of my holdings (may be 75%), when the exchange rate reaches $10,000 per coin. The remaining I will keep, until my retirement (some 25 years from now). But I don't have that much in BTC holdings. In my wallet I have less than BTC0.20
Your plans are very nice and practical. The plans are well beneficial only when you will be having some 10 bitcoins. Otherwise the benefits you can expect will be very less or you need to wait for some longer period like you are planning for your retirement but it may be more worth for your next generations.
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January 30, 2017, 08:13:39 AM
 #184

I am planning to sell my coins once the price hit the all time high again or more. I believe that we can reach it now soon. I will sell my bitcoins on our local exchange but I will convert only 90 percent of it and the rest will be left; continue on collecting BTC to make a profit again.

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January 30, 2017, 09:24:45 AM
 #185

I will sell my Bitcoin if i have to pay or buy something, i'm already sell my BTC approx 2 Bitcoin when the price reach $1,000 i did not thinking the price will go up with fast, when i saw the price reach $1,200 I'm already to set my buy order at $1,300, i want to buy back, but i decided cancel my buy order, now i only have a tiny amount.

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January 30, 2017, 12:39:54 PM
 #186

Simple, when I sell of course when the price is high and it is not possible to ride again, surely we must know the chart of history before, when it has reached the highest peaks and then immediately selling it because otherwise it will risk down and your chances of making a profit is lost.
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January 30, 2017, 01:03:52 PM
 #187

I am planning to sell my coins if my initial capital would be atleast 3 times my initial investment in this way  I can earn a big profit from a small investment ! Well it probably will take some time but I dont mind waiting as long that It is still profitable I will continue to hold my coins
The thing is since halvening the price is skyrocketing if you can see and hence personally I am holding some bitcoins since btc is quite stable since many days at around 900$ and its much better to hold knowing current scenario.
I am making a target of selling half of my bitcoins when the price touches 1200$ and the rest not quite soon !
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January 30, 2017, 02:51:19 PM
 #188

Well, in this time, it is good for bitcoin holding, no need to sell them. Even i suggest you should wait in this year, i am sure bitcoin will be given us good news about its price. But i have sold my 1 and half bitcoin when bitcoin cross $1000, and i have gain profit from it.

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January 30, 2017, 03:40:25 PM
 #189

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?

Every time I have enough BTC or at least 10k-20kPhp worth of BTC, saving large amount of BTC is not in my intention
but I always save 2btc in my cold storage which is off limit unless If need it for emergency or other important matter that might happen.

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January 30, 2017, 03:59:19 PM
Last edit: January 30, 2017, 04:21:26 PM by Bitcotalk
 #190

I have heard that in the future when more people will adopt bitcoin and at the time when even governments will accept it the price of bitcoin will increase more high so I do not rely on nowadays pumps but I am waiting for that time real price pump. Even in the coming few months I am sure that the price of bitcoin will cross $1500 or maybe it will reach to $2000 depending on the market demand of it.
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January 30, 2017, 04:35:54 PM
 #191

Actually other than the bitcoin that was invested on trading, i'll not sell my savings without having any emergency even the price is on peak. And also I'll not bother about the low price, i'll sell if i need!
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January 30, 2017, 04:56:13 PM
 #192

I am planning to sell my coins once the price hit the all time high again or more. I believe that we can reach it now soon. I will sell my bitcoins on our local exchange but I will convert only 90 percent of it and the rest will be left; continue on collecting BTC to make a profit again.
Not just I believe we will reach that price in the coming 3 months but I am very sure that we will cross that mark by a good distance maybe around 1500$ per bitcoin.
The little downfalls often make me hurried and worried because I have good amount of bitcoins but anyways I manage somehow Wink
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January 30, 2017, 05:13:12 PM
 #193

when I have a coin, maybe I will wait before selling all the coins I had. when my profits had remained above 30%, I would probably be selling it, because when you have a lot of coins, it would be an advantage very much for you. Well, then, you only have to wait for prices to go back down.

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scarface
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January 30, 2017, 10:16:36 PM
 #194

when I have a coin, maybe I will wait before selling all the coins I had. when my profits had remained above 30%, I would probably be selling it, because when you have a lot of coins, it would be an advantage very much for you. Well, then, you only have to wait for prices to go back down.

Its good to sell them for profits but make sure that you don't sell of them at once and keep some for the future as we never know where bitcoin will land in future and there is big chance that price of bitcoins will be much higher in future in compare to present so at that point of time we should have at least few coins in our hands to make good profits from it.


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Japinat
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January 31, 2017, 06:12:50 AM
 #195

when I have a coin, maybe I will wait before selling all the coins I had. when my profits had remained above 30%, I would probably be selling it, because when you have a lot of coins, it would be an advantage very much for you. Well, then, you only have to wait for prices to go back down.

Its good to sell them for profits but make sure that you don't sell of them at once and keep some for the future as we never know where bitcoin will land in future and there is big chance that price of bitcoins will be much higher in future in compare to present so at that point of time we should have at least few coins in our hands to make good profits from it.
It's advisable to divide our investment for short term and long term, we can make profit with short team but most especially in the long term as the value of bitcoin is higher as time passes. Just never do anything like selling your bitcoins cheap, that prove you are part of the traders with weak hands, always keep your faith as that is your main key for future success.

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January 31, 2017, 06:39:01 AM
 #196

my target was 1k. but when it was 1k i did not sold  Grin
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January 31, 2017, 06:51:22 AM
 #197

my target was 1k. but when it was 1k i did not sold  Grin

Why? Are you late to get online or you are still in doubt? Maybe expectibg a littlr more higher? Well we have those same problems here. Thinking it might still go up then suddenly it will go down and will take days agaun to get to that price. Kinda regretful but that is how trading is and we live by it. I had the same bad decision from the 1k price. I was thinking I will exchange it tomorrow then suddenly no more 1k.
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January 31, 2017, 08:21:25 AM
 #198

I will most likely go short at 1.1k-1.2k$/btc.
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January 31, 2017, 09:03:40 AM
 #199

When you are planning to sell, it must have low bitcoin price for you to gain profit on your investment. Don't be discourage easily in times of price fluctuations which could lead you to panic selling, do seek advice from mentors when you are a newbie in trading like of altcoins. Be informative in readig the updates and have analytical monitoring of bitcoin graph trend of its economy.

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January 31, 2017, 09:33:51 AM
 #200

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?

Now it is not right time to sell bitcoin because the price of bitcoin will increase in coming days. Seeing after many fluctuation from 250$, now it is in settled in stable position so may be there are big chances that the price of bitcoin will reach to more than 1200$.


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