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Author Topic: why i'm not selling my coins  (Read 2708 times)
jtipt
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March 23, 2017, 01:08:57 PM
 #21

The real question should be 'Why didn't you sold at $1200 and rebuy now at $1000 or even below coming days?'
TBH I actually sold only a fraction of BTC that I own, when the price reached $1000 in Dec-Jan and I did that only because it was making me a ton of profit. I have bought most of my BTC during the $400 range, so a $1000 was making a good profit. Now at this moment i have quite a bit of BTC and don't plan to sell them, and neither buy anymore BTC buying right now is pointless for me and i cannot afford to buy a substantial amount.
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blackmagician
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March 23, 2017, 01:10:03 PM
 #22

Its a good decision that you dont sell your bitcoins by now. Cause it will probably goes up to 1500$ by the month of july.
The best thing to do for now is to hold all your bitcoins,dont panic if bitcoin goes down cause it will definitely makes its way to go up again.

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March 23, 2017, 03:45:34 PM
 #23

Its a good decision that you dont sell your bitcoins by now. Cause it will probably goes up to 1500$ by the month of july.
The best thing to do for now is to hold all your bitcoins,dont panic if bitcoin goes down cause it will definitely makes its way to go up again.

Why you think july is the month where we will move to those highs?
Just wild guessing or any metrics you had a look at?
I'm just curious.

I agree that selling now is risky, as much risky as holding.The thing is we all here have aboslutely no clue what's going to happen next.
As long a you're not overinvested and really have strong faith in Bitcoin, there shouldn't be any circunstances where you think about selling. It's all about going through thick and thin then. We had 17 months of great upwards movement.Maybe now it's a time where we need some strong nerves and have to show our confidence and faith in our precious Bitcoin.See it as a kind of test before we can continue moving up again if you want.
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March 23, 2017, 04:25:12 PM
 #24

- Populist movement of BU means community is NOT letting Blockstream/Core get away with their agenda... In other words,
not letting them cripple the network with high fees and slow confirmation times, which would kill the utility of Bitcoin
and give the business to alts.  This is VERY good news.  Even with multiple node crash bugs, BU hashrate is rising.  Miners can see the writing
on the wall, they would rather use buggy BU than roll over for Core.
so are you implying that Blockstream/core is spamming bitcoin transactions to increase the backlog (transactions in mempool) and cause the delays and fee rise?
you know that there is the same conspiracy theory saying BU is doing the spam attack right?
 

No, i'm implying blocks are fundamentally full and there is no future for a Bitcoin that won't scale. Moreover, it must scale now before it loses marketshare,
and preferably on chain.

Jonald stop scaring the noobies... I do not have the fiat to buy all those coins now.  Grin .... Most people are blowing this out of proportion so that

they can get the uninformed to sell their coins. I have been in Bitcoin much too long to scare easily.... and will hold onto my hoard until this thing

goes to the Moon.  Grin .... Ethereum went through the same thing and it is stronger than before.  Grin

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jonald_fyookball (OP)
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March 23, 2017, 04:33:09 PM
 #25

- Populist movement of BU means community is NOT letting Blockstream/Core get away with their agenda... In other words,
not letting them cripple the network with high fees and slow confirmation times, which would kill the utility of Bitcoin
and give the business to alts.  This is VERY good news.  Even with multiple node crash bugs, BU hashrate is rising.  Miners can see the writing
on the wall, they would rather use buggy BU than roll over for Core.
so are you implying that Blockstream/core is spamming bitcoin transactions to increase the backlog (transactions in mempool) and cause the delays and fee rise?
you know that there is the same conspiracy theory saying BU is doing the spam attack right?
 

No, i'm implying blocks are fundamentally full and there is no future for a Bitcoin that won't scale. Moreover, it must scale now before it loses marketshare,
and preferably on chain.

Jonald stop scaring the noobies... I do not have the fiat to buy all those coins now.  Grin .... Most people are blowing this out of proportion so that

they can get the uninformed to sell their coins. I have been in Bitcoin much too long to scare easily.... and will hold onto my hoard until this thing

goes to the Moon.  Grin .... Ethereum went through the same thing and it is stronger than before.  Grin




sorry but i do think its a real issue.



BrewMaster
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March 23, 2017, 04:44:51 PM
Last edit: March 23, 2017, 05:21:01 PM by BrewMaster
 #26

- Populist movement of BU means community is NOT letting Blockstream/Core get away with their agenda... In other words,
not letting them cripple the network with high fees and slow confirmation times, which would kill the utility of Bitcoin
and give the business to alts.  This is VERY good news.  Even with multiple node crash bugs, BU hashrate is rising.  Miners can see the writing
on the wall, they would rather use buggy BU than roll over for Core.
so are you implying that Blockstream/core is spamming bitcoin transactions to increase the backlog (transactions in mempool) and cause the delays and fee rise?
you know that there is the same conspiracy theory saying BU is doing the spam attack right?
 

No, i'm implying blocks are fundamentally full and there is no future for a Bitcoin that won't scale. Moreover, it must scale now before it loses marketshare,
and preferably on chain.

Jonald stop scaring the noobies... I do not have the fiat to buy all those coins now.  Grin .... Most people are blowing this out of proportion so that

they can get the uninformed to sell their coins. I have been in Bitcoin much too long to scare easily.... and will hold onto my hoard until this thing

goes to the Moon.  Grin .... Ethereum went through the same thing and it is stronger than before.  Grin

haha, come on man, don't ruin it for us.
the guy from whom i borrowed money last time price took a dive was very happy about the performance in the short term. i think i will do that again because at this point i am not willing to touch my cold storage and risk selling and not being able to buy back the same amount.

yes... yes... sell your your coins before we fork and bitcoin becomes worthless Cool

There is a FOMO brewing...
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March 23, 2017, 05:07:59 PM
 #27

I fully agree with jonald here. He presented a solid standpoint here and his arguments seems logical.
Anyone who is preaching that only safe option is to sell all your coins and, maybe, rebuy them later is just spreading FUD.
Bitcoin is too precious and expensive (not only as a currency, but rather as economic phenomenon) to tinker with it and make hasty upgrades.
I hope we will have seamless transition to whatever scaling solution community/miners will chose.
Mikellev
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March 23, 2017, 08:31:20 PM
 #28

iam not selling coin, because iam lost
i am hold until coin can incraese again until iam profit can selling
if still down price iam use margin short, iam trading in bitfinex,kraken, and poloniex in there support margin trading


If you ask me i can say that one logic what majority of them follows, we expect always a very good benefit from what we have invested for. the way btc is growing by just analyzing the past 2 years of experience we can see how much it has given the real value. so majority of the people think like how am thinking to not sell the coin now, maybe after 3-5 months or more than that will sell the coin to see huge profit. 
Luno
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March 23, 2017, 08:44:41 PM
 #29

Its a good decision that you dont sell your bitcoins by now. Cause it will probably goes up to 1500$ by the month of july.
The best thing to do for now is to hold all your bitcoins,dont panic if bitcoin goes down cause it will definitely makes its way to go up again.


But you cannot predict exactly what will happen. price might go down as well. however hoping all the things goes well. the one reason why am not having the plan to sell the coins is simple, the price has become much stable even the price falls then as you mentioned we have hoped that again it will recover on its own. however i will sell the coin when i feel am getting the best benefit from it instead of thinking too much whether to sell or not.
richardsNY
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March 23, 2017, 09:57:13 PM
 #30

I will probably liquidate 25-50% of my BU coins in case the price is right. I will then use these freshly gained funds to convert them directly to BTC which will help to increase my BTC holdings. I will keep the other 50% of my BU coins just in case it gains the majority of the all round support (which I can't really see happen, but still). But this all is nothing more than speculation. It's easy talking when nothing has happened yet -- people will have to re-calculate the whole situation at the time the HF becomes reality.
york780
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March 23, 2017, 10:03:59 PM
 #31

I will probably liquidate 25-50% of my BU coins in case the price is right. I will then use these freshly gained funds to convert them directly to BTC which will help to increase my BTC holdings. I will keep the other 50% of my BU coins just in case it gains the majority of the all round support (which I can't really see happen, but still). But this all is nothing more than speculation. It's easy talking when nothing has happened yet -- people will have to re-calculate the whole situation at the time the HF becomes reality.

I will dump my BU coins after you guys do.

Win tactic; everyone hates BU so 0 confidence, so HUGE price drop in the beginning. Whales are buying BU from the weak hands, means rebounce+consolidation. Then i sell for a much better price than you guys do  Cheesy Thank me later
mindrust
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March 23, 2017, 10:11:17 PM
 #32

Be smart guys. At least be as smart as Roger Ver dude.

Did he sell his coins when btc hit 50$? (I assume he had his 300k btc at that time) Did he sell when it became 200$? Did he when it was 1000$? No, He didn't. We can still go further and further.

Never sell your coins till your dreams become real.

Buy low/Sell highs are for amateurs. Real pros become rich by holding.

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york780
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March 23, 2017, 10:23:01 PM
 #33

Be smart guys. At least be as smart as Roger Ver dude.

Did he sell his coins when btc hit 50$? (I assume he had his 300k btc at that time) Did he sell when it became 200$? Did he when it was 1000$? No, He didn't. We can still go further and further.

Never sell your coins till your dreams become real.

Buy low/Sell highs are for amateurs. Real pros become rich by holding.
I dont know any that become rich by hodling. But i believe in Bitcoin so will hold my cold stash. People that hodled gold could make a lot more profit if they were trading it. People that are hodling stocks in Shell or other oil companies are losing money because they dont trade. Etc etc. But hey bitcoin is a revolution and will grow for many years to come. So hodl will do for the time being. Dont let it go to your head tho.
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March 23, 2017, 10:25:40 PM
 #34

Couldn't have said it better myself. I'm not selling because bitcoins are way undervalued right now based only on uncertainty. FUD can really screw up the price of an open source worldly currency can't it lol.

Core will get their ass in gear and fix the block size problem or they'll be giving up control. A fork is a shitty option but it had to be threatened so they would do something about it. It's the kick in the ass they need.
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March 23, 2017, 11:02:37 PM
 #35

I will probably liquidate 25-50% of my BU coins in case the price is right. I will then use these freshly gained funds to convert them directly to BTC which will help to increase my BTC holdings. I will keep the other 50% of my BU coins just in case it gains the majority of the all round support (which I can't really see happen, but still). But this all is nothing more than speculation. It's easy talking when nothing has happened yet -- people will have to re-calculate the whole situation at the time the HF becomes reality.

I will dump my BU coins after you guys do.

Win tactic; everyone hates BU so 0 confidence, so HUGE price drop in the beginning. Whales are buying BU from the weak hands, means rebounce+consolidation. Then i sell for a much better price than you guys do  Cheesy Thank me later

That's a realistic scenario, but it won't really hurt me as I will keep 50% of my BU coins just in case. I also mentioned that if I am selling, that I will wait till the price is right. In the end, I won't be losing anything since I will continue to support BTC as I have always been doing. BU coins will have no value for me initially. I will take advantage of the situation, that's it.
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March 23, 2017, 11:23:26 PM
 #36

If there is a network split, I would highly recommend just hold onto your coins until consensus is clear.  There are too many unknown variables with:  status quo  + best developers vs hashpower + utility.  You really don't know what the big players will do, so you don't have the edge, and you shouldn't get greedy and  bet.  Let it work out, and you'll be fine.




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March 23, 2017, 11:37:19 PM
 #37

I also see this happening. Right now there is really big tension happening with bitcoin and this is the cause of altcoins all going up. When the tension settles everybody will move out of altcoins, causing the prices to drop back, and this will then boost the prices of bitcoins into a new all time high. I don't see people moving to BU anyway.
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March 24, 2017, 02:34:16 AM
 #38

I also see this happening. Right now there is really big tension happening with bitcoin and this is the cause of altcoins all going up. When the tension settles everybody will move out of altcoins, causing the prices to drop back, and this will then boost the prices of bitcoins into a new all time high. I don't see people moving to BU anyway.

I've moved a fraction of my holdings into alts, and some into fiat when the price was still at $1200. It's such an uncertain time in crypto, but don't get me wrong, I have trust in this system, but in the end it is always better to protect yourself.

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March 25, 2017, 09:07:44 AM
 #39

If you bought your BTC above $1000 then you're so stupid for -not selling and hodling because price right now is $888 on Bitstamp. If you bought arround $300 level then you're very smart...
AjithBtc
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March 25, 2017, 09:58:57 AM
 #40

Most of the users here has suggested it as a buy time rather than selling based on the price drop happening from the all time high. So with hope I too have planned of holding all the coins I've saved. Possibly cryptocurrencies are making big move in financial structure, so holding is the perfect decision.

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