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Author Topic: Hold or Sell  (Read 72351 times)
btc_angela
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August 09, 2017, 08:18:39 PM
 #881

Today I have sold most of bitcoin on my wallet and left only altcoin. Price not always be above as now, i will buy back when bitcoin has decreased slightly. That way, amount bitcoin i have can be more.
How if bitcoin rises more than now? A lot of people predict if bitcoin will be rises to $4000 or even $5000. Too bad you have sold almost all of your bitcoin.
Those who have sold their precious bitcoins in pressure or panic must be regretting their decisions.
I believe that it is never good and wise to leave bitcoins even when they are in the dumping phase. Besides now bitcoins definitely are going to reach 4k dollars.

Weak hands always sold  their bitcoin when there is a panic sell. But for those who are not shaken, they would just hold on their precious bitcoin and not be affected by the price decrease. Right now, the chances of bitcoin going to $3500-$4000 is at the front view now. So for those who have sold already, I think they are regretting their decision of letting go of their precious bitcoin. Although you can almost buy back, the current price is too high and you need to wait for it to get a major correction or dump before you can get stash again. So the lesson here is just to hold on it for long time because for sure you will be rewarded bigtime.

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fancy_pants
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August 10, 2017, 05:58:54 AM
 #882

Depending on the entry price you can decide what to do with your coins as I bought it when price was below $800 last year so I had no issue in selling when it crossed  $3300 as it gave me good profits and selling at the right time is the best thing to do which I did.
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August 10, 2017, 06:05:39 AM
 #883

Depending on the entry price you can decide what to do with your coins as I bought it when price was below $800 last year so I had no issue in selling when it crossed  $3300 as it gave me good profits and selling at the right time is the best thing to do which I did.
That's right, i have the same experience with you, but i think it's better to hold it for now, because a while ago the bitcoin price is weak enough but now it's already back increase and it seems will keep moving upwards.

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August 10, 2017, 06:12:46 AM
 #884

Depending on the entry price you can decide what to do with your coins as I bought it when price was below $800 last year so I had no issue in selling when it crossed  $3300 as it gave me good profits and selling at the right time is the best thing to do which I did.
That's right, i have the same experience with you, but i think it's better to hold it for now, because a while ago the bitcoin price is weak enough but now it's already back increase and it seems will keep moving upwards.

Price is moving in a positive direction so there is no risk in holding it for next couple of months and may be we will hit $4k very soon and that would be a really good price to sell your bitcoins and for the same reason I am holding my coins.

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daxiake
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August 10, 2017, 07:45:32 AM
 #885

Depending on the entry price you can decide what to do with your coins as I bought it when price was below $800 last year so I had no issue in selling when it crossed  $3300 as it gave me good profits and selling at the right time is the best thing to do which I did.
That's right, i have the same experience with you, but i think it's better to hold it for now, because a while ago the bitcoin price is weak enough but now it's already back increase and it seems will keep moving upwards.

Price is moving in a positive direction so there is no risk in holding it for next couple of months and may be we will hit $4k very soon and that would be a really good price to sell your bitcoins and for the same reason I am holding my coins.
Yeah that is why a lot of people says that bitcoin will reach 5k at the end of the year, because there are to many emotions on the charts, and that makes people to keep buying, when a drop happens, it will be a huge drop because people will think its over, that happens everytime.
Just keep holding and you will succes, just the same as has been happening for years with bitcoin.


The fact is price starts falling then there would be many people who will get panic and will start selling their coins at lower price but that is the time when you need to have faith in bitcoins and hold your coins tight as price can recover once again in future.
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August 10, 2017, 08:17:13 AM
Last edit: August 10, 2017, 08:35:38 AM by safari88
 #886

Sometimes the greedy it is not good, so I sell a part when the prices are very high. but so far the price is very stable at a high price, and there is no negative news, so I am sure it will continue to going up.
But why I still selling it? because I need and have to sell it in part Smiley
 
 
 

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August 10, 2017, 08:29:13 AM
 #887

Sometimes the greedy it is not good, so I sell a part when the prices is very high. but so far the price is very stable at the top level, and there is no negative news, so I am sure it will continue to going up.
But why I still selling it? because I need and have to sell it in part Smiley
 
 
 

Well that is the right thing to do as whenever we are making good profits we should sell a small portion of it as we can buy them back when price goes down in near future as only holding will never help us in making profits and it can be risky too if price drops.



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Sled
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August 10, 2017, 09:38:36 AM
 #888

Sometimes the greedy it is not good, so I sell a part when the prices is very high. but so far the price is very stable at the top level, and there is no negative news, so I am sure it will continue to going up.
But why I still selling it? because I need and have to sell it in part Smiley
 
 
 

Well that is the right thing to do as whenever we are making good profits we should sell a small portion of it as we can buy them back when price goes down in near future as only holding will never help us in making profits and it can be risky too if price drops.
I agree with you, that is the right thing to do since bitcoin is not stable and it is very volatile. If you will sell your bitcoin right now and buy back when the market is falling down then you can buy more bitcoin than the amount that you are holding as of now. Be smart and always think like a trader and not only as an investor.
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August 10, 2017, 10:02:59 AM
 #889

Sometimes the greedy it is not good, so I sell a part when the prices is very high. but so far the price is very stable at the top level, and there is no negative news, so I am sure it will continue to going up.
But why I still selling it? because I need and have to sell it in part Smiley
 
 
 

Well that is the right thing to do as whenever we are making good profits we should sell a small portion of it as we can buy them back when price goes down in near future as only holding will never help us in making profits and it can be risky too if price drops.
I agree with you, that is the right thing to do since bitcoin is not stable and it is very volatile. If you will sell your bitcoin right now and buy back when the market is falling down then you can buy more bitcoin than the amount that you are holding as of now. Be smart and always think like a trader and not only as an investor.

Very well said as our main intention is to make profits and that is possible only if buy and sell it regularly and at a right time as only holding will give you one time profits but to make regular profits buying and selling should be continuous process.

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marseille
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August 10, 2017, 04:46:26 PM
 #890

If you need money and if you are making good profits at current price then you can sell some of your bitcoins and if you are hoping to make even higher profits then better to hold it till the end of the year as price can go to $5k in this year.
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August 10, 2017, 05:02:26 PM
 #891

Sometimes the greedy it is not good, so I sell a part when the prices is very high. but so far the price is very stable at the top level, and there is no negative news, so I am sure it will continue to going up.
But why I still selling it? because I need and have to sell it in part Smiley
 
 
 

Well that is the right thing to do as whenever we are making good profits we should sell a small portion of it as we can buy them back when price goes down in near future as only holding will never help us in making profits and it can be risky too if price drops.
I agree with you, that is the right thing to do since bitcoin is not stable and it is very volatile. If you will sell your bitcoin right now and buy back when the market is falling down then you can buy more bitcoin than the amount that you are holding as of now. Be smart and always think like a trader and not only as an investor.

Very well said as our main intention is to make profits and that is possible only if buy and sell it regularly and at a right time as only holding will give you one time profits but to make regular profits buying and selling should be continuous process.
Hold and sell need constantly changing depending the situation and scenario on market. If just hold or just sell will make you miss many opportunity earning profit.

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fancy_pants
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August 10, 2017, 05:15:48 PM
 #892

Sometimes the greedy it is not good, so I sell a part when the prices is very high. but so far the price is very stable at the top level, and there is no negative news, so I am sure it will continue to going up.
But why I still selling it? because I need and have to sell it in part Smiley
 
 
 

Well that is the right thing to do as whenever we are making good profits we should sell a small portion of it as we can buy them back when price goes down in near future as only holding will never help us in making profits and it can be risky too if price drops.
I agree with you, that is the right thing to do since bitcoin is not stable and it is very volatile. If you will sell your bitcoin right now and buy back when the market is falling down then you can buy more bitcoin than the amount that you are holding as of now. Be smart and always think like a trader and not only as an investor.

Very well said as our main intention is to make profits and that is possible only if buy and sell it regularly and at a right time as only holding will give you one time profits but to make regular profits buying and selling should be continuous process.
Hold and sell need constantly changing depending the situation and scenario on market. If just hold or just sell will make you miss many opportunity earning profit.

You can sell if the price has gone higher then your entry price as only holding will never give you an chance of making profits and if you are expecting to make higher profits then better to hold it and sell as soon as it reaches to your expected price.
albertvert
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August 10, 2017, 05:41:38 PM
 #893

Sometimes the greedy it is not good, so I sell a part when the prices is very high. but so far the price is very stable at the top level, and there is no negative news, so I am sure it will continue to going up.
But why I still selling it? because I need and have to sell it in part Smiley
 
 
 

Well that is the right thing to do as whenever we are making good profits we should sell a small portion of it as we can buy them back when price goes down in near future as only holding will never help us in making profits and it can be risky too if price drops.
I agree with you, that is the right thing to do since bitcoin is not stable and it is very volatile. If you will sell your bitcoin right now and buy back when the market is falling down then you can buy more bitcoin than the amount that you are holding as of now. Be smart and always think like a trader and not only as an investor.

Very well said as our main intention is to make profits and that is possible only if buy and sell it regularly and at a right time as only holding will give you one time profits but to make regular profits buying and selling should be continuous process.
Hold and sell need constantly changing depending the situation and scenario on market. If just hold or just sell will make you miss many opportunity earning profit.
[reaches,ei

Holding and sell at right situation is the only best move.Hold your bitcoin till it reaches the moon .Day before yesterday the price reaches near to 3500 $.Like that if it's reached peak means not even think for a second. Just sell the entire coin which you had.
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August 10, 2017, 06:59:03 PM
 #894

Sometimes the greedy it is not good, so I sell a part when the prices is very high. but so far the price is very stable at the top level, and there is no negative news, so I am sure it will continue to going up.
But why I still selling it? because I need and have to sell it in part Smiley
 
 
 

Well that is the right thing to do as whenever we are making good profits we should sell a small portion of it as we can buy them back when price goes down in near future as only holding will never help us in making profits and it can be risky too if price drops.
I agree with you, that is the right thing to do since bitcoin is not stable and it is very volatile. If you will sell your bitcoin right now and buy back when the market is falling down then you can buy more bitcoin than the amount that you are holding as of now. Be smart and always think like a trader and not only as an investor.

Very well said as our main intention is to make profits and that is possible only if buy and sell it regularly and at a right time as only holding will give you one time profits but to make regular profits buying and selling should be continuous process.
Hold and sell need constantly changing depending the situation and scenario on market. If just hold or just sell will make you miss many opportunity earning profit.

You can sell if the price has gone higher then your entry price as only holding will never give you an chance of making profits and if you are expecting to make higher profits then better to hold it and sell as soon as it reaches to your expected price.

Many investors do so. They buy a coin, set a goal, which they are ready to sell, and then sell as soon as the coin rises to the right price. This is a good strategy, especially if you count it with the purchase strategy during the price drop
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August 10, 2017, 08:18:36 PM
 #895

In my opinion the best way to get profit is to hold . I think all majority of the cryptocurrencies grow with 2-30 percent per year . I always hold and sell them only when i really really need money

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August 10, 2017, 08:42:09 PM
 #896

In my opinion the best way to get profit is to hold . I think all majority of the cryptocurrencies grow with 2-30 percent per year . I always hold and sell them only when i really really need money

If you don't want to take any risk of investing your bitcoins then the best thing would to hold your coins and wait for the price to go higher and you can sell them only when its giving you best profits and if not continue to hold as there is no risk in holding bitcoins longer.

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madwica
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August 10, 2017, 09:48:20 PM
 #897

In my opinion the best way to get profit is to hold . I think all majority of the cryptocurrencies grow with 2-30 percent per year . I always hold and sell them only when i really really need money

If you don't want to take any risk of investing your bitcoins then the best thing would to hold your coins and wait for the price to go higher and you can sell them only when its giving you best profits and if not continue to hold as there is no risk in holding bitcoins longer.
That is correct holding bitcoin is good because we all know that value will continue to increase but me i do trading in bitcoin to fiat which i take the advantage on every little dump of its price and i can say that it was a big help to increase my bitcoin.
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August 10, 2017, 10:18:49 PM
 #898

I really like the idea of having a target in mind as already mentioned. Don't beat yourself up if it goes higher - you made your target!

I however am very new with a very small amount of BTC. I'm just playing around with some small amounts of altcoin and selling if theres even only a little % increase. Makes it less scary whilst I get the hang of things!
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August 11, 2017, 02:48:02 AM
 #899

In trading up and  down 2 words that is sure.
For altcoin trading, if there is a high price opportunity you should sell it.
Do not hold it. If you want to hold longer and for long-term investment hold bitcoin..
OrangeII
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August 11, 2017, 03:14:23 AM
 #900

In trading up and  down 2 words that is sure.
For altcoin trading, if there is a high price opportunity you should sell it.
Do not hold it. If you want to hold longer and for long-term investment hold bitcoin..
Well, selling it might look good up until now, and it's not a disadvantage. But, at the end of every year, bitcoin prices always go up, I advise to keep it until the end of the year, but selling it now is okay, because the price is also very high.


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