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Author Topic: When do you plan to sell?  (Read 92503 times)
whizter
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March 27, 2017, 06:12:39 AM
 #541

I will sell my coins soon because I needed to, I already got money from my saving which I am always preventing but I can't help myself to pay regarding on my business expenses. Hopefully I can sell it on the all time high price this year 2017 like $1200 and above.
but to me i am not going to sell my bitcoin in present price. will sell it after the price raise to 1500 USD level. as i do not need to cash out it, i can manage my expenses from my salary, therefore i do not feel the need to cash it out.

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March 27, 2017, 08:52:17 AM
Last edit: March 29, 2017, 02:53:02 PM by justdimin
 #542

Bitcoin can achieve that price in future but not sure how long it will take to reach there and if your plan is to sell your coins at that price then it will surely test your level of patience as not all have that high patience to hold their coins for such a long time and most of the users will sell their coins even if they are making small profits from it.
People always say things that they don’t actually do, last year people said that I wait for the price to reach $1000 and sell, and when it reached that price they say I will wait until it reaches $1200 and when it does they still wait until they are stuck in a circle of greedy, try to stick to your principals.

but to me i am not going to sell my bitcoin in present price. will sell it after the price raise to 1500 USD level. as i do not need to cash out it, i can manage my expenses from my salary, therefore i do not feel the need to cash it out.
I do see people keep on setting higher prices along with bitcoin's appreciation. This is nice to advance your target prices. This way, hopefully people will set millions as their target in some day in future.

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March 27, 2017, 10:12:01 AM
 #543

I'll sell when I think all the crypto hype is over.
And I have no idea when that will happen so I plan to hold for the moment and we'll see.
Things as they are now are unpredictable.
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March 27, 2017, 11:18:21 AM
 #544

Bitcoin can achieve that price in future but not sure how long it will take to reach there and if your plan is to sell your coins at that price then it will surely test your level of patience as not all have that high patience to hold their coins for such a long time and most of the users will sell their coins even if they are making small profits from it.
People always say things that they don’t actually do, last year people said that I wait for the price to reach $1000 and sell, and when it reached that price they say I will wait until it reaches $1200 and when it does they still wait until they are stuck in a circle of greedy, try to stick to your principals.
You are 100% right, and we can not control our greedy in a money matter. But I sold some of my coins when the price reached 1220$. I hold some coins to sell when the price cross 1300$ but I missed that chance when the price reached around 1300$. Now it's $980+ don't know what to do. Can I hold my coins or sell my coins. Will wait for some time if again the price goes down I will sell my coins.
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March 27, 2017, 11:20:56 AM
 #545

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
My plan i like to sell my bitcoin when reach my goal that bitcoin rise up to 5000$. That is my exit point to get a good profit. But i have only small stock and i want it to keep it for a long term because i know bitcoin will going up soon.
to me as i am holding bitcoin for long term therefore i do not have any intention to sell my bitcoin, but i am going to in hold it for  long long time and when the price of bitcoin will cross 2000 or 3000 USD level then i may start thinking about selling my bitcoins.
i was planning to sell my bitcoin when it will reach to 1500 USD, but we can see the the price of bitcoin has fell down too much and now it is trading below 1000 USD level. therefore now i am not going to sell my bitcoins in any case and will hold it for a long time when the price wil reach to 1500 level.

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March 27, 2017, 11:38:42 AM
 #546

Hope the pattern of the price changing remains the same.
whizter
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March 29, 2017, 08:14:39 PM
 #547

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
My plan i like to sell my bitcoin when reach my goal that bitcoin rise up to 5000$. That is my exit point to get a good profit. But i have only small stock and i want it to keep it for a long term because i know bitcoin will going up soon.
to me as i am holding bitcoin for long term therefore i do not have any intention to sell my bitcoin, but i am going to in hold it for  long long time and when the price of bitcoin will cross 2000 or 3000 USD level then i may start thinking about selling my bitcoins.
i was planning to sell my bitcoin when it will reach to 1500 USD, but we can see the the price of bitcoin has fell down too much and now it is trading below 1000 USD level. therefore now i am not going to sell my bitcoins in any case and will hold it for a long time when the price wil reach to 1500 level.
i think still most of the people are thinking that bitcoin price will  increase in next coming days therefore i think you can still wait for 1500 USD level and very soon the price of bitcoin will reach to 1500 USD.

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March 29, 2017, 10:49:51 PM
 #548

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
My plan i like to sell my bitcoin when reach my goal that bitcoin rise up to 5000$. That is my exit point to get a good profit. But i have only small stock and i want it to keep it for a long term because i know bitcoin will going up soon.
to me as i am holding bitcoin for long term therefore i do not have any intention to sell my bitcoin, but i am going to in hold it for  long long time and when the price of bitcoin will cross 2000 or 3000 USD level then i may start thinking about selling my bitcoins.
i was planning to sell my bitcoin when it will reach to 1500 USD, but we can see the the price of bitcoin has fell down too much and now it is trading below 1000 USD level. therefore now i am not going to sell my bitcoins in any case and will hold it for a long time when the price wil reach to 1500 level.
i think still most of the people are thinking that bitcoin price will  increase in next coming days therefore i think you can still wait for 1500 USD level and very soon the price of bitcoin will reach to 1500 USD.
Yes that price is very easy to reach because i think the hardfork will have bad results because the 2nd largest mining pool already denied the bitcoin unlimited coin and that is a good sign because it will be a great influence to those smaller mining pools to do the same thing and that will make the bitcoin unlimited fall down and make the original and the real one; bitcoin rise up again up to 1500$ or even higher.
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March 30, 2017, 05:16:31 AM
 #549

Hope the pattern of the price changing remains the same.
You can't expect that because it depends on the demand and supply the price move based on rumors and news that people will hear.
The secret to do it with the right timing is just to fully educate yourself on what is happening in the bitcoin world so you will be able to make
a time decision. Never be too confident of just holding for long term as we might not see what we are expecting.

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March 30, 2017, 07:03:42 AM
 #550

You can't expect that because it depends on the demand and supply the price move based on rumors and news that people will hear.
The secret to do it with the right timing is just to fully educate yourself on what is happening in the bitcoin world so you will be able to make
a time decision. Never be too confident of just holding for long term as we might not see what we are expecting.
Very well said, so keep ourselves updated on latest happenings of cypto-world so we will know what can we do and make our next step. Because no one can really tell what would happen to bitcoin especially when it comes to its prices, unpredictable indeed.

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March 30, 2017, 08:05:35 AM
 #551

I think its right time to sell since markets have being puzzling a lot . reaching 1200+ and coming below 800 and again above 1000$ should be a good time to sell and hold back for further dips and buy on dips again.
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March 30, 2017, 08:49:50 AM
 #552

I think its right time to sell since markets have being puzzling a lot . reaching 1200+ and coming below 800 and again above 1000$ should be a good time to sell and hold back for further dips and buy on dips again.
That's the timing everyone is waiting, we know how bitcoin move, it will pump then dump or vice versa, all we need is just to start saving a good amount of money so we can take advantage when the situation happens. One thing should be clear is that we will never sell for a lose like what weak holders are doing every time they panic when their is a rumors that the price will fall. For you to succeed, you should always decide on what you read and analyze and not in your emotion, remember we are all risk takers here but we calculate the risk.

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March 30, 2017, 01:26:39 PM
 #553

I think you should be always in the position where you are happy if the price go up because you make more money and happy if the price goes down because you can buy more crypto.

And anyway never go full sell or full buy, I have seen so many traders loosing their mind because they sold all after 50% profit then the price went X20, if they have sold only half they would still have made a X10.

very simple strategy in order to not mess with your nerves Smiley
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March 30, 2017, 04:32:08 PM
 #554

I think its right time to sell since markets have being puzzling a lot . reaching 1200+ and coming below 800 and again above 1000$ should be a good time to sell and hold back for further dips and buy on dips again.

If only it's that simply. What has happened in the past might not repeat at all. The price went to $1200 and then went down but that doesn't mean that at the next time we reach 1200$, the price will go down again. There might be some pattern that has occurred, but what are the chances of that happening once more?

There will be dips in the future but we don't know at what price. The price can increase more and go to $1300, and then the dip will be $1100. When that happens, then you just lost money because you sold your bitcoins at $1000 (today's price). That is why ultimately you shouldn't sell your bitcoins at all unless you're a trader. Selling bitcoins right now makes you lose the opportunity to sell at an even higher price.

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Lieldoryn
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March 30, 2017, 06:10:53 PM
 #555

I think its right time to sell since markets have being puzzling a lot . reaching 1200+ and coming below 800 and again above 1000$ should be a good time to sell and hold back for further dips and buy on dips again.
I think that now is not the time to sell bitcoins. Against the background that in April, Japan should legalize bitcoin as a payment instrument, the price could rise sharply. Before raising the speculators always play on the price drop to cheaper to buy.
blackhawkeye1912
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March 30, 2017, 08:03:44 PM
 #556

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
If you are talking about bitcoin my exit point is when the reach 3000$ to 4000$ that 's the I'm gonna sell the 25% of my holdings to get my profit after a years of waiting Cheesy
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March 30, 2017, 08:22:41 PM
 #557

Bitcoin can achieve that price in future but not sure how long it will take to reach there and if your plan is to sell your coins at that price then it will surely test your level of patience as not all have that high patience to hold their coins for such a long time and most of the users will sell their coins even if they are making small profits from it.
People always say things that they don’t actually do, last year people said that I wait for the price to reach $1000 and sell, and when it reached that price they say I will wait until it reaches $1200 and when it does they still wait until they are stuck in a circle of greedy, try to stick to your principals.
You are 100% right, and we can not control our greedy in a money matter. But I sold some of my coins when the price reached 1220$. I hold some coins to sell when the price cross 1300$ but I missed that chance when the price reached around 1300$. Now it's $980+ don't know what to do. Can I hold my coins or sell my coins. Will wait for some time if again the price goes down I will sell my coins.

Changing perspective along the way is what we called adaption.  People see that Bitcoin is a different thing so they decided to set a higher goal .  It is not greed but rather seeing the potential of Bitcoin and taking advantage of it.



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Rainbot
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March 30, 2017, 09:23:33 PM
 #558

I think its right time to sell since markets have being puzzling a lot . reaching 1200+ and coming below 800 and again above 1000$ should be a good time to sell and hold back for further dips and buy on dips again.

I don't think so that it's the right time to sell now. We saw that bitcoin reached higher amount and it can possible to happen again. If I were you, I will be patient and will keep on waiting, if the price went back already to $1300 then that will be the best time to sell. It's better not to do panic selling but if you are satisfied with current's price, it's up to you.

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March 31, 2017, 03:07:44 PM
 #559

I have sold all my bitcoin for 1150$ and I won't buy it until it solve all the problem that now BTC has Roll Eyes

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March 31, 2017, 06:14:15 PM
 #560

when the price has risen more than 20% when the initial price that I buy or get, I will sell the coins that I have no doubt, even when the price rises beyond that, I probably would not regret having sold it.
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