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Author Topic: When do you plan to sell?  (Read 92503 times)
jeffytune
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March 31, 2017, 06:40:51 PM
 #561

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?
richardsNY
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March 31, 2017, 07:21:02 PM
 #562

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.

It depends on how you cash out profits. If you cash out everything you have at once, it's not likely a good move since most people regret their decision later. It's better to cash out in small percentages as that will allow you to have enough coins aside for when the price goes up even higher. Same basically goes up for buying -- never buy with all your funds at once. Always make sure you have enough funds aside for when the price tanks even further. That's how it should be done.
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March 31, 2017, 08:52:10 PM
 #563

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?
I never keep my Bitcoin on an exchange, it's just too risky for me personally. I don't put them in cold storage either, just in a desktop wallet on my own pc.
I'll deposit them to an exchange and keep them there when I'm planning to do a trade. I never keep them there for more than 1 or 2 days.

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March 31, 2017, 09:02:14 PM
 #564

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?
I never keep my Bitcoin on an exchange, it's just too risky for me personally. I don't put them in cold storage either, just in a desktop wallet on my own pc.
I'll deposit them to an exchange and keep them there when I'm planning to do a trade. I never keep them there for more than 1 or 2 days.
i agree with you that many exchange is not secure and someone easily save and secure their bitcoin in desktop wallet because its very much safe and secure then no one can be hack your bitcoin.
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April 01, 2017, 12:13:34 AM
 #565

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?
I never keep my Bitcoin on an exchange, it's just too risky for me personally. I don't put them in cold storage either, just in a desktop wallet on my own pc.
I'll deposit them to an exchange and keep them there when I'm planning to do a trade. I never keep them there for more than 1 or 2 days.

Not a bad idea.
SamsungBitcoin
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April 01, 2017, 02:38:31 AM
 #566

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?
I never keep my Bitcoin on an exchange, it's just too risky for me personally. I don't put them in cold storage either, just in a desktop wallet on my own pc.
I'll deposit them to an exchange and keep them there when I'm planning to do a trade. I never keep them there for more than 1 or 2 days.

Not a bad idea.
Correct that is not a bad idea but we all have different idea if you are doing regular trading i think you will keep your bitcoin even a month until you can generate income in that exchanged.
Trading method needs ling time to get good profit you want and i think more trading site is already trusted site.

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cpfreeplz
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April 01, 2017, 03:02:01 AM
 #567

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?
I never keep my Bitcoin on an exchange, it's just too risky for me personally. I don't put them in cold storage either, just in a desktop wallet on my own pc.
I'll deposit them to an exchange and keep them there when I'm planning to do a trade. I never keep them there for more than 1 or 2 days.
i agree with you that many exchange is not secure and someone easily save and secure their bitcoin in desktop wallet because its very much safe and secure then no one can be hack your bitcoin.

Any amount in an exchange is a possible donation IMO. They all go bankrupt eventually, no matter how big they are. Don't ever sell your bitcoins, just spend them when there is a spike in price.
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April 01, 2017, 06:44:25 AM
 #568

I guess, when you have the bitcoin prices have climbed more than $ 50 of the initial price, it is probably the best time to sell it if you want to sell bitcoin you save. but, if not in urgent circumstances, better to wait for a higher price.

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April 01, 2017, 11:31:35 AM
 #569

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I am holding my bitcoins as a long term investment and i dint even sell it during the BU debate.I know these are just rumours to snatch away our bitcoins.I bought my btc for $850.I assume that bitcoin price would reach $2000 by this year end and i have planned to sell it at that price.
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April 01, 2017, 11:45:32 AM
 #570

i think i make something wrong in my analyze, i think i missed something so i don't realize that the price is going up but this is good for us because we can reach $11xx again today. if we have a plan to sell in $11xx then i think this day is good to sell so we can wait for another down price to bought.

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April 01, 2017, 12:08:35 PM
 #571

i think i make something wrong in my analyze, i think i missed something so i don't realize that the price is going up but this is good for us because we can reach $11xx again today. if we have a plan to sell in $11xx then i think this day is good to sell so we can wait for another down price to bought.
Exactly. We can't avoid to be disappointed to ourself due to unable to take tgat opporunity. However, opportunities aren't only knock once, it knock multiple times. Thus, even though you didn't taken that opportunity, expect in the other day it would come so that you can take ot easily.

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April 01, 2017, 12:14:36 PM
 #572

i think i make something wrong in my analyze, i think i missed something so i don't realize that the price is going up but this is good for us because we can reach $11xx again today. if we have a plan to sell in $11xx then i think this day is good to sell so we can wait for another down price to bought.

It depends on what price you bought at. If you for example buy 1BTC at $1080, and sell at $1115, the profit margin is too insignificant for me to find with worth selling for. Of course, if you are doing that with plenty of coins at the same time, then it's different. But in current times people's holdings are only slimming down (e.g. people can't afford larger number of coins, cashing out where later the price only happens to increase further, etc.), and thus only trade with low amounts, which directly results in tiny profit margins. In order to keep things worthwhile you should wait till you have a minimum profit of 20-25% before cashing out.
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April 01, 2017, 04:52:53 PM
 #573

i think i make something wrong in my analyze, i think i missed something so i don't realize that the price is going up but this is good for us because we can reach $11xx again today. if we have a plan to sell in $11xx then i think this day is good to sell so we can wait for another down price to bought.
Exactly. We can't avoid to be disappointed to ourself due to unable to take tgat opporunity. However, opportunities aren't only knock once, it knock multiple times. Thus, even though you didn't taken that opportunity, expect in the other day it would come so that you can take ot easily.

I beg to disagree. Not just in the price of bitcoins, but in life in general, opportunities tend to knock only ones. There will be other opportunities but it will not exactly the same thing. Picture this, a really cute girl which is exactly the woman of your dreams was walking on the streets. You bumped on her and it was your opportunity to ask her name and number but you didn't. Do you think that girl will walk down that same street again? Possibly, if she's from that place. But are you going to be there when that happens, possibly? But not really.

The odds of the same opportunity coming is quite low.

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April 01, 2017, 09:10:33 PM
 #574

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I am holding my bitcoins as a long term investment and i dint even sell it during the BU debate.I know these are just rumours to snatch away our bitcoins.I bought my btc for $850.I assume that bitcoin price would reach $2000 by this year end and i have planned to sell it at that price.
its really a good idea to hold your bitcoin because bitcoin is the future money and i am sure bitcoin will be double its value in the future and it will be very popular and useful currency so good idea to hold it for long term investment.
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April 01, 2017, 09:27:06 PM
 #575

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?
I never keep my Bitcoin on an exchange, it's just too risky for me personally. I don't put them in cold storage either, just in a desktop wallet on my own pc.
I'll deposit them to an exchange and keep them there when I'm planning to do a trade. I never keep them there for more than 1 or 2 days.

Not a bad idea.

It is actually a very good idea, as this way you can feel more secured about these exchanges hacks and bitcoin losses, as simply if you don't keep your bitcoins there you can't lose them.

I keep my bitcoins in exchanges only if it's not more than 0.2 bitcoin- otherwise i just send them to my wallet  as i don't want to risk with  these coins

 
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April 02, 2017, 12:15:52 AM
 #576

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I'm currently waiting to sell at $1500 which I expect to come by this year. I would certainly hold for long time, no matter what it takes. I don't wanna lose my money due to volitality anymore.

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April 02, 2017, 01:44:37 AM
 #577

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?
I'm currently waiting to sell at $1500 which I expect to come by this year. I would certainly hold for long time, no matter what it takes. I don't wanna lose my money due to volitality anymore.

For Bitcoin, any sell in the short term is just for a chance to buy back cheaper. I will sell when there has been a quick increase and wait for a correction to buy back.
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April 02, 2017, 01:53:54 AM
 #578

I think I will not sell my bitcoins sooner, the price is still increasing and many users are using it so there is no reason why to sell out my bitcoins. I will try to save my bitcoin first because there are something that I want to buy. Maybe I will be selling my bitcoin if it reach reaches the prize of $2000 so I can get my capital back, with myprofit.
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April 02, 2017, 04:33:40 AM
 #579

I am not even thinking of selling btc..it a much better assist to hold for handsome returns.i always retainmy captial and I withdraw the profits earned through my trading.
My tip : Always hold btc and bigger alts such as eth,xmr,etc
Sell them at best prices
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April 02, 2017, 05:43:05 AM
Last edit: April 02, 2017, 01:45:39 PM by PokerFace3
 #580

i think i make something wrong in my analyze, i think i missed something so i don't realize that the price is going up but this is good for us because we can reach $11xx again today. if we have a plan to sell in $11xx then i think this day is good to sell so we can wait for another down price to bought.
Exactly. We can't avoid to be disappointed to ourself due to unable to take tgat opporunity. However, opportunities aren't only knock once, it knock multiple times. Thus, even though you didn't taken that opportunity, expect in the other day it would come so that you can take ot easily.

I beg to disagree. Not just in the price of bitcoins, but in life in general, opportunities tend to knock only ones. There will be other opportunities but it will not exactly the same thing. Picture this, a really cute girl which is exactly the woman of your dreams was walking on the streets. You bumped on her and it was your opportunity to ask her name and number but you didn't. Do you think that girl will walk down that same street again? Possibly, if she's from that place. But are you going to be there when that happens, possibly? But not really.

The odds of the same opportunity coming is quite low.
Exactly, not quite the right example but the you get the general idea, that is why you should always make the right decision as you see it because you might not have another chance so if you think the price of the bitcoin is good enough than sell it, and now that the price is going to go down and up so you will have a good chance to get back again even if you pick the wrong time to sell.

But we should never forget those bitcoiners who are deciding not to sell forever, making big profits from their holding than the active traders who are buying and selling more frequently.
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