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Prohodimec
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May 14, 2017, 04:09:17 PM
 #21

It is funny... I did ETH Mining about 1 year ago... I mined ~2 ETH/day... and sold them for like 14$ each..  I am so stupid Sad


I did the same with Bitcoin when the price was like $250 and I thought that Bitcoin is crashing to the oblivion. You are not the only one.
Don't be bitter about it, if you managed to earn profit at that time it is still fine.

We can hope that price of BTC after next halving will reach 4 digits. You still can buy and hold cheap bitcoin, don't make the same mistake twice.
I do it all the time because Bitcoin's example for me is earnings. I earn it and sell it, changing it for real money. If I counted how much I lost due to the fact that I did not save Bitcoin on my wallet, I probably would have gotten a decent condition.

.
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May 14, 2017, 04:16:31 PM
 #22

What is going on with the price?!

It seems to explode.

What do you do?

Buy more in case the price continues to rise?

Hold and wait for higher prices?

Sell and take profits?

the price is breaks out and the price is increase more high than before, i will only hold my total of bitcoin because i am sure that bitcoin will always increase from now on. i think if i want to buy bitcoin, i will wait for a while until i see that bitcoin price is down into deep but i think we don't fall until $1k range but maybe its more than $1k so this will make many people happy to see the correction of the price.

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May 14, 2017, 04:25:04 PM
 #23

Whether you show interest on buying, selling or holding users will be surely profited. The reason for such is the growth it has given its users in terms of investment, trading commodity and through various other possibilities. To benefit every goodness one need to have the trust upon bitcoin as well the network.

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CyberKuro
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May 14, 2017, 04:50:26 PM
 #24

It is funny... I did ETH Mining about 1 year ago... I mined ~2 ETH/day... and sold them for like 14$ each..  I am so stupid Sad


I did the same with Bitcoin when the price was like $250 and I thought that Bitcoin is crashing to the oblivion. You are not the only one.
Don't be bitter about it, if you managed to earn profit at that time it is still fine.

We can hope that price of BTC after next halving will reach 4 digits. You still can buy and hold cheap bitcoin, don't make the same mistake twice.
I do it all the time because Bitcoin's example for me is earnings. I earn it and sell it, changing it for real money. If I counted how much I lost due to the fact that I did not save Bitcoin on my wallet, I probably would have gotten a decent condition.
You must don't have any other source income but bitcoin, do you? I can say, you believe that bitcoin price will increase more and more over time, but some people want to get money to cover their expenses. Another reason maybe, higher price is very tempting to sell bitcoin and get higher profit because it may decline after some time or afraid it could crash.
But, who can save bitcoin for long term, more likely get more than just sell it now.

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May 14, 2017, 05:19:33 PM
 #25

It is funny... I did ETH Mining about 1 year ago... I mined ~2 ETH/day... and sold them for like 14$ each..  I am so stupid Sad


I did the same with Bitcoin when the price was like $250 and I thought that Bitcoin is crashing to the oblivion. You are not the only one.
Don't be bitter about it, if you managed to earn profit at that time it is still fine.

We can hope that price of BTC after next halving will reach 4 digits. You still can buy and hold cheap bitcoin, don't make the same mistake twice.
I do it all the time because Bitcoin's example for me is earnings. I earn it and sell it, changing it for real money. If I counted how much I lost due to the fact that I did not save Bitcoin on my wallet, I probably would have gotten a decent condition.
You must don't have any other source income but bitcoin, do you? I can say, you believe that bitcoin price will increase more and more over time, but some people want to get money to cover their expenses. Another reason maybe, higher price is very tempting to sell bitcoin and get higher profit because it may decline after some time or afraid it could crash.
But, who can save bitcoin for long term, more likely get more than just sell it now.

I agree with you completely. Those who have the opportunity, let them just keep bitcoin for several years. This is a very profitable strategy. Thanks to holding, some people have already earned a lot of money

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May 14, 2017, 05:44:05 PM
 #26

Buy more in case the price continues to rise?

Hold and wait for higher prices?

Sell and take profits?
Buy more and hold for some big target of your own. Because I am not going to suggest some big targets like $5k or $10k but when more number of people will be doing one single thing then we can definitely reach our dream targets. If you believe into bitcoin and its future then do not sell but buy more and also recommend people to buy and hold.

If you are not looking for short term benefits and you will be ready to hold even you face losses with your bitcoin investment, over time you may get unbelievable benefits just for the reason of your HODLing !
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May 14, 2017, 05:52:18 PM
 #27

Whether you show interest on buying, selling or holding users will be surely profited. The reason for such is the growth it has given its users in terms of investment, trading commodity and through various other possibilities. To benefit every goodness one need to have the trust upon bitcoin as well the network.

Having 'good trust' in Bitcoin doesn't give you any sort of advantage. If you want to optimally benefit from each and every aspect of Bitcoin's market, you need to understand how the market works at first. It requires time and effort, and even losses to develop a good level of market understanding. Skills matter, and pays off in the long run -- trust doesn't do anything in that regard.

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May 14, 2017, 06:17:23 PM
 #28

You could act as a harmless plant sitting behind a window and be a spectator, watching and staring while once in a life time opportunity passes in front of you and you are just missing it by hesitating. I truly believe Satoshi did for the economic world what Einstein did for the world of physics and science.

21M coins.
Mining reward halving every 4 years.
Community growing every day, demand increasing every day.
Difficulty increasing every day, mining will become harder and more expensive every day.
There is no hidden way of generating more than 21M bitcoins, there is no way of rolling back and do a restore like what we have in Windows and other OSs.
You as a person need nothing but internet connection and knowing how to browse the web is the requirement of becoming a miner or a user.

E=MC2 of bitcoin.

If we don't buy and hold next generations and other people will definitely do so, these talks are just for penny traders hoping to earn a few extra bucks by asking and seeking successful people's opinions to minimize their risks.

In a revolution there must be people asking; what is for lunch? if not a good lunch we go back to our normal lives Cheesy
If you want a good lunch I'd suggest to hold and accumulate.
BitcoinPanther
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May 14, 2017, 06:45:57 PM
 #29

Whether you show interest on buying, selling or holding users will be surely profited. The reason for such is the growth it has given its users in terms of investment, trading commodity and through various other possibilities. To benefit every goodness one need to have the trust upon bitcoin as well the network.

Having 'good trust' in Bitcoin doesn't give you any sort of advantage. If you want to optimally benefit from each and every aspect of Bitcoin's market, you need to understand how the market works at first. It requires time and effort, and even losses to develop a good level of market understanding. Skills matter, and pays off in the long run -- trust doesn't do anything in that regard.

I agree, skills matter, knowledge, strategy all of them matters but it won't benefit you if you do not buy or trade bitcoins.  Application of what we knew is always better than just theoretical knowledge.



As for me, I will hold bitcoin as long as I can assuming there is no urgent need to convert it to fiat currency.  Bitcoin is getting rarer each day, having more people adopting it in day to day basis. Plus the fact that bitcoin is destined to reduce its reward (this means supply from mining is ever decreasing until there is none ).  This means the price will definitely increase as time goes by.


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May 14, 2017, 08:16:46 PM
 #30

Buying and holding are things I am already doing as I am very much confident that bitcoin may reach $5000 levels very soon. If it will be reaching $2000 levels within May month then why not we can expect $5000 before end of this month and holding till end of this year may not be a big deal for any trader/investor.

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May 14, 2017, 08:35:58 PM
 #31

Buying and holding are things I am already doing as I am very much confident that bitcoin may reach $5000 levels very soon. If it will be reaching $2000 levels within May month then why not we can expect $5000 before end of this month and holding till end of this year may not be a big deal for any trader/investor.
Everything can be assumed, very different, and it seems to me that in most cases it will be earnings that will depend on the quality of trade, and not because of the exchange rate.

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bettercrypto
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May 14, 2017, 08:38:05 PM
 #32

Buying and holding are things I am already doing as I am very much confident that bitcoin may reach $5000 levels very soon. If it will be reaching $2000 levels within May month then why not we can expect $5000 before end of this month and holding till end of this year may not be a big deal for any trader/investor.
Everything can be assumed, very different, and it seems to me that in most cases it will be earnings that will depend on the quality of trade, and not because of the exchange rate.

You should make yourself updated of the current happening of what you are trading not only on the quality of trade.  It can be faked Cheesy and it has been seen many times people making fake volume or some temporary Buy wall.  I also favor in holding  because i believe price will still increase.



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ananas99
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May 14, 2017, 09:04:33 PM
 #33

Buying and holding are things I am already doing as I am very much confident that bitcoin may reach $5000 levels very soon. If it will be reaching $2000 levels within May month then why not we can expect $5000 before end of this month and holding till end of this year may not be a big deal for any trader/investor.
Everything can be assumed, very different, and it seems to me that in most cases it will be earnings that will depend on the quality of trade, and not because of the exchange rate.

You should make yourself updated of the current happening of what you are trading not only on the quality of trade.  It can be faked Cheesy and it has been seen many times people making fake volume or some temporary Buy wall.  I also favor in holding  because i believe price will still increase.
You need to be able to deal with this kind of fraud in a legal way, because otherwise you can not name it.

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Karpeles
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May 14, 2017, 09:42:42 PM
 #34

Hold.

People are on hold(no pun intended) about the ETF SEC tomorrow, fearing that the rejection would crash the price at least for some short time.

Once they see that nothing will happen they will buy again. Also the ransomware FUD is past now



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DrGuns4Hands
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May 14, 2017, 11:13:24 PM
 #35

For my standpoint, just buy and hold bitcoin or cryptocurrency. Buy more as your money can afford it. The more cryptocurrency you have the more money you can earn. It's an asset. If you sold it, then you might regret it. If you hold it then buy if you have a huge amount of money, that's good. You have a right decision.

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May 14, 2017, 11:41:45 PM
 #36

Hold.
People are on hold(no pun intended) about the ETF SEC tomorrow, fearing that the rejection would crash the price at least for some short time.
Once they see that nothing will happen they will buy again. Also the ransomware FUD is past now
I don't think so. This time SEC can consider Bitcoin ETF with more seriously. The percentage for the bitcoin ETF gets another disapproval by SEC is very high.
The past experience will get replay again.
Just ready for it, and put you bet on the bottom to get chepa bitcoin.

But if ETF gets accepted and the possibility for the price of bitcoin to reach $2000.

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pealr12
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May 14, 2017, 11:45:05 PM
 #37

All of them is the best thing to do right now.  Buy when the price goes a little.bit down and sell it when the price goes up. Save your profit and  use your capital to buy again. Rinse and repeat = profit.

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May 14, 2017, 11:54:15 PM
 #38

Whether you show interest on buying, selling or holding users will be surely profited. The reason for such is the growth it has given its users in terms of investment, trading commodity and through various other possibilities. To benefit every goodness one need to have the trust upon bitcoin as well the network.

Having 'good trust' in Bitcoin doesn't give you any sort of advantage. If you want to optimally benefit from each and every aspect of Bitcoin's market, you need to understand how the market works at first. It requires time and effort, and even losses to develop a good level of market understanding. Skills matter, and pays off in the long run -- trust doesn't do anything in that regard.
how can you say that trust with bitcoin does nothing? if you invested in bitcoin in for example 2010 and trusted it all along you could have made massive money just by holding it and in the future the price is going to keep on going up because of the interest of people and constantly happening halvings of block reward. If you are not into daily trading or not into other cryptos then just buy bitcoins and sit tight waiting for you massive profits to kick in, if you are a little bit more adventurous invest in the growing cryptos, do investigation which ones have great technologies and pump your money into them, in this way you can make even more money than holding bitcoins, the key is to never sell if you don't need that fiat.

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May 15, 2017, 09:26:01 AM
 #39

All of them is the best thing to do right now.  Buy when the price goes a little.bit down and sell it when the price goes up. Save your profit and  use your capital to buy again. Rinse and repeat = profit.

If you are looking for short term profits then it will be risk to buy them at current price as price can even go lower in coming days so you need to wait for a long time but if you can manage to hold them for a long term the you can afford to buy them even at the current price as price will go higher in long term.

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May 15, 2017, 09:36:51 AM
 #40

Hold it if you have it, and it gets better if you invest. It might also be great to buy for now, because it's possible that bitcoin prices will go up at $ 2000 by the end of the year, so it's great that you have a lot of bitcoins at that time

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