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Author Topic: When do you plan to sell?  (Read 92502 times)
thunderbitz2717
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February 14, 2017, 08:38:11 PM
 #321

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

So far I'm in the process of learning and studying in bitcoin of how to earn bitcoin, so I patiently doing bitcoin faucets for awhile for me to have bitcoin anyway. I think I had a long journey in this world. Cheesy
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February 14, 2017, 09:06:19 PM
 #322

For me there are 2 kind of exit points.

In the first one, I'll cash out my coins to use them for real life expenses. So there is not a clear price for that, it depends on the situation. And as long as btc keeps its value there will be no need for me to sell before I actually need the money.

The second case is the scenario that something went extremely wrong, then I'll have to dump for whatever I can get. Hope it never happens.
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February 14, 2017, 09:17:33 PM
 #323

I never plan to sell when ever their is price hike i just watch and at some point if i feel the selling i just sell it and after some 1 or 2 % low i buy back that is the way i am trading the coins.
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February 16, 2017, 06:44:57 AM
 #324

There is no reason to sell if you see BTC as anything close to a legitimate currency in the future. Even if you think it is only accepted by 'the interent generation' you need to realize that in 10-15 years those people will be ones making the decisions. Seeing as it's market cap is still relatively low and the fact there is a 21M maximum, for it to become a legitimate currency it would have to grow into tens (if not hundreds) of thousands of dollars per BTC.
Bitcoin is a legitimate currency as long as it has some value, the value does not need to reach such high prices, but it is obvious that if a wider audience decides to adopt bitcoin that will make the prices to raise but that is pure demand and nothing else.
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February 16, 2017, 10:30:50 AM
 #325

I never plan to sell when ever their is price hike i just watch and at some point if i feel the selling i just sell it and after some 1 or 2 % low i buy back that is the way i am trading the coins.

Never sell seems like a fake news from anyone in the forum. Most of the people has been sold out when they were in hard times or for financial needs. As of now we can wait till the value need to next peak and that time Ee can sell it out.
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February 16, 2017, 02:49:17 PM
 #326

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 .

I think it all depends on what price one has brought their BTC. Because for me if I make around 20 to 30% profit in the short term then I will sell some of BTC and again at a slightly lower price. I don't fix exact value for BTC to reach. But I will keep around 30% of my BTC for longer term profit and rest of them I will sell when reach my above target.
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February 16, 2017, 03:11:59 PM
 #327

I'm not planning on selling for a long time, I expect the price to double before the end of next year, and even then I might still hold on to the majority of my coins.

Definitely in it for the long haul Smiley

That's nice decision of yours. I also believed in 2018 bitcoin value will be double price just like what I'm doing it also. Even a single amount of satoshi is very very important to me. As we are going to look, the massive volume of the people who use bitcoin so far is very quick, isn't good to see if we have a huge volume of bitcoin once it become double or triple price value of bitcoinBTC it will be much profitable for us that isn't?
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February 16, 2017, 05:12:15 PM
 #328

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

I am not going to sell my bitcoins, well, not now. I only have few bitcoins now, so i didn't really think about "exit" point, but i am sure that $1000 is not enough, and it would be pretty dumb to sell now as their price is only rising now. I will probably sell my bitcoins only when bitcoin price will be 5000$ or more, depends on how bitcoin will be stable then

 
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February 16, 2017, 11:19:05 PM
 #329

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.
I just hold and waiting for the march will come as soon as possible. I hope something is big to happen on the march.
http://www.forbes.com/sites/laurashin/2017/02/07/with-deadline-looming-will-the-sec-approve-a-bitcoin-etf/

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February 17, 2017, 03:01:26 AM
 #330

I think to sell bitcoin prices are not for this year or next year until I find the truth in the picture below Smiley

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February 17, 2017, 09:16:45 AM
Last edit: February 17, 2017, 10:13:49 AM by RealPhotoshoper
 #331

I think to sell bitcoin prices are not for this year or next year until I find the truth in the picture below Smiley


Where you did get something like that?
It is pretty interesting to know the reason why it should be predicted like what stated in that picture?
However for me personally it is really makes sense with that scenario table we should hold it a little longer and see what would really happened then.
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February 17, 2017, 01:40:08 PM
 #332

I think to sell bitcoin prices are not for this year or next year until I find the truth in the picture below Smiley



Woah! Just wow man! Good thing that I'm not planning to sell my bitcoin for this year. Well if that picture is true, I hope that it will and probably I'll just wait for the right time to sell. But seeing that picture and it's last phase, it will take a long time before it happens. Whatever it is I won't sell my bitcoins now, maybe I will next year.

Too good to be realistic. I don't think this should even be a gauge on when we'll sell our btcs. Even if all people around the world are using bitcoin, i don't think the price would reach even half that amount. 800k is just too unrealistic for me.

 
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February 17, 2017, 02:23:52 PM
 #333

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.
but this time i think we need to stay a little more. because this time it is expected that the price of bitcoin will reach to another historical price so we can hold bitcoin for a little more and can get some good profit from it.
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February 17, 2017, 03:54:19 PM
 #334

I think to sell bitcoin prices are not for this year or next year until I find the truth in the picture below Smiley



this are all nice and probable scenarios but in the end, they are all big "ifs" not reality. there are a lot of factors in play in each one of these things and i don't see any time frame for any of these, maybe it was in the article and you forgot. but in any case, they are all possible but not in short term.  and some of them such as gold holders... is already happening but things such as bitcoin becoming a currency or offshore thing, will take a very long time and a long process.

There is a FOMO brewing...
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February 17, 2017, 06:39:21 PM
 #335

I think to sell bitcoin prices are not for this year or next year until I find the truth in the picture below Smiley



Woah! Just wow man! Good thing that I'm not planning to sell my bitcoin for this year. Well if that picture is true, I hope that it will and probably I'll just wait for the right time to sell. But seeing that picture and it's last phase, it will take a long time before it happens. Whatever it is I won't sell my bitcoins now, maybe I will next year.

Too good to be realistic. I don't think this should even be a gauge on when we'll sell our btcs. Even if all people around the world are using bitcoin, i don't think the price would reach even half that amount. 800k is just too unrealistic for me.

Indeed there is no indication that whole of those fund will be converted or transfered to Bitcoin.  We can consider the possible competitor of Bitcoin getting the pie of the whole scenario.  and as you said 800k  per BTC is very unrealistic.  That too is my opinion.

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February 17, 2017, 07:58:20 PM
 #336

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.
but i think the price of bitcoin is still increasing therefore i think it is not good decision to sell bitcoin right now when the price of bitcoin is already trading about 1050 USD. i think it will be a good decision if you hold bitcoin for some more time because the price of bitcoin is still increasing.
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February 18, 2017, 07:39:20 AM
 #337

I think to sell bitcoin prices are not for this year or next year until I find the truth in the picture below Smiley



Woah! Just wow man! Good thing that I'm not planning to sell my bitcoin for this year. Well if that picture is true, I hope that it will and probably I'll just wait for the right time to sell. But seeing that picture and it's last phase, it will take a long time before it happens. Whatever it is I won't sell my bitcoins now, maybe I will next year.

Too good to be realistic. I don't think this should even be a gauge on when we'll sell our btcs. Even if all people around the world are using bitcoin, i don't think the price would reach even half that amount. 800k is just too unrealistic for me.

Indeed there is no indication that whole of those fund will be converted or transfered to Bitcoin.  We can consider the possible competitor of Bitcoin getting the pie of the whole scenario.  and as you said 800k  per BTC is very unrealistic.  That too is my opinion.
I guess anything less than $10,000 is realistic. I like the what it showed in the picture, that's a little percentage in terms of adoption and yet the price are going to increase substantially. We are still talking with some possibilities that will happen and not yet the massive adoption, what if that time will really come, what would be the price then? Bitcoin is really unpredictable, I like bitcoin to replace remittances.

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February 18, 2017, 08:31:00 AM
 #338

I will probably sell if bitcoin reached 2000 dollars or something close to it, but I will only sell so I can wait for a dump and then buy even more bitcoin with the proceedings I got when I sold.
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February 18, 2017, 08:36:55 AM
Last edit: February 18, 2017, 11:49:04 AM by mindrust
 #339

I sold mine at 1020$. I guess I was a bit hasty about my decision. I just couldn't risk the possibility of a huge dump from 1000's to 800's. A dump like that recently happened and I was mad at myself for not selling above 1000's. So i did it this time. Smiley

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Wintersoldier
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February 18, 2017, 10:02:41 AM
 #340

I sold mine at 1020$. I guess I was a bit hasty about my decision. I just couldn't risk the possibily of a huge dump from 1000's to 800's. A dump like that recently happened and I was mad at myself for not selling above 1000's. So i did it this time. Smiley
If you can't handle the risk/votality, or you need money then sell your Bitcoin to prevent you selling it at lower price. However, if you can handle it and you used that money to get profit without doing something but to wait, then hold your Bitcoin. Bitcoin has a future to rise up more since it's being introduce or it is currently reviewing buy government to use it as decentralized mode of payment that would be endorsed/support by them.
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