roomfirst
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May 11, 2017, 12:05:15 AM |
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Maybe i will sell all my bitcoins when the price of bitcoin reach $2000 per coins and i will buy bitcoins again when the price of bitcoin dropped to around $1000-$1200 per coins. It's depend though.
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RedX
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May 11, 2017, 12:49:14 AM |
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10k? 100k?
Personally, I'll cash out 10% at 5k and 10% at 10k and leave the rest to ride.
Actually, bitcoin holders should exchange 10%-20% of their bitcoins and hold what is left and if there is a bitcoin dip take that opportunity to buy bitcoins then repeat from the start if it started to rise again. This is what people must practice instead of getting confused whether sell or hold more.
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Creepings
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May 11, 2017, 01:32:35 AM |
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Maybe i will sell all my bitcoins when the price of bitcoin reach $2000 per coins and i will buy bitcoins again when the price of bitcoin dropped to around $1000-$1200 per coins. It's depend though.
Then you must be willing to wait a little longer. The price may hit $1800 this month but $2000 is still a little far away from the current price right now. And we still don't know when will be the dump happening, so what if it didn't reach the $2000 and dump to $1200, will you still buy?
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eXpl0sive
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May 11, 2017, 02:42:04 AM |
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I was promised $500 000,- a coin......
Hehehe... that made me chuckle! Was it the CEO of Bitcoin Ltd. who made that promise?
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pooya87
Legendary
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Activity: 3640
Merit: 11041
Crypto Swap Exchange
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May 11, 2017, 04:06:54 AM |
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to all those who are giving number targets, i suggest you to start reading the bitcoin white paper and try to finally figure out what bitcoin is because from the looks of it none of you know what bitcoin is. a couple of days ago i made a comment about places you can spend bitcoin and there are about a million different products you can buy from nearly as many merchants these days. i probably make it into a topic later. https://bitcointalk.org/index.php?topic=1906361.msg18937596#msg18937596
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QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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May 11, 2017, 05:11:12 AM |
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I'm kind of close to Danny's answer. I'm going to spend my coins on what I need like any other kind of money. I have multiple loans out (vacation house in Tahoe, cars, rental property) and if Bitcoin ever gets to the point where I can pay all those loans off I'll sell. The interest on those loans are taking my cash away every month. I can easily pay the yearly strokes on my properties and live on rental income and retirement if I don't have the interest payments. The price is getting very close for me now. It's so close, in fact, I've already talked to my CPA about the best way to settle up with the government when I sell.
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ufaiz50
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May 11, 2017, 05:14:53 AM |
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I only sell bitcoin if I need something even though the price is 1k or 2k so there is no target how much I sell or buy bitcoin and if I don't need anything I hold bitcoin.
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davis196
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May 11, 2017, 05:15:06 AM |
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10k? 100k?
Personally, I'll cash out 10% at 5k and 10% at 10k and leave the rest to ride.
You will have to wait for a few decades before it reaches 5K or 10K. I always sell my btc at the wrong price. I`m not a good trader.
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dinofelis
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May 11, 2017, 05:56:38 AM |
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I was promised $500 000,- a coin......
Hehehe... that made me chuckle! Was it the CEO of Bitcoin Ltd. who made that promise? Worse ! It was a guy on the forum here ! He sold me a few bitcoin long ago, and he told me "keep them, one day they will be worth 500 000 dollars !". So I'm keeping them...
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Kakmakr
Legendary
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Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
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May 11, 2017, 06:08:15 AM |
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I can basically sell whenever I want to, because I followed a strategy where I regained the amount I initially invested, so I am now risk free. I can only lose profits now. I will continue buying low and selling high, to increase my coin totals and also to have fiat available when the price is low to buy some more coins.
I will also keep a percentage of the fiat to buy other commodities, because I do not want all my eggs in one bag. ^smile^
This is after all still a experiment that may or may not fail on us.
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kalodu
Member
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Activity: 106
Merit: 10
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May 11, 2017, 06:09:14 AM |
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I'm already at a great profit, but I will sell when the price hits $5000
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bitc0000
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May 11, 2017, 06:09:50 AM |
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Sell whenever you reach your profit goals and can buy back at a lower price or wait till other people's target price are not reached and they are forced to sell at a loss when their patience runs out or when fear and uncertainty strikes. Sorry but this is a zero sum game, my profits are tied to other peoples losses vice versa. And regardless of price you gotta be stupid if you plan to dump 100% of your deflationary currency to an inflationary one at some target price, might as well gamble at a casino if that is your plan anyway.
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Denker
Legendary
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Activity: 1442
Merit: 1016
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May 11, 2017, 07:21:41 AM |
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10k? 100k?
Personally, I'll cash out 10% at 5k and 10% at 10k and leave the rest to ride.
You will have to wait for a few decades before it reaches 5K or 10K. I always sell my btc at the wrong price. I`m not a good trader. 5k can be reached until or after the next halving! You don't havt to wait decades! When the scaling issue is fixed, and it will sooner or later, and I expect we will do so without harming Bitcoin, then just god knows how the market will react. 10k is another story. Maybe in 2024 after this halving we will see those kind of price. On the other hand with Bitcoin you never know what's going to happen tomorrow. Another FUD attempt, another hack etc which could also decrease the price.
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Monetha
Newbie
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Activity: 4
Merit: 0
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May 11, 2017, 09:08:12 AM |
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I will never cashout the main part of my Bitcoin and altcoin. Only some parts that won't affect my profit on a long term. The potential is too big and I don't want to regret about it in some years like people who bought pizza did
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foxbat
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May 11, 2017, 09:15:13 AM |
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I will never cashout the main part of my Bitcoin and altcoin. Only some parts that won't affect my profit on a long term. The potential is too big and I don't want to regret about it in some years like people who bought pizza did Keeping long-term bitcoin can be profitable, however, it takes too long to get that profit, instead of waiting for a long time, we should make short-term and short-term deals. The profits are fast, and I believe we do not need to regret what we do.
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DarkIT
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May 11, 2017, 09:26:02 AM |
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I'm currently waiting for a high price, maybe around $ 2500. If the bitcoin price is almost or has reached that price, maybe I will sell some of the bitcoin I have. Well, it looks very promising.
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naughty1
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May 11, 2017, 09:32:04 AM |
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I'm currently waiting for a high price, maybe around $ 2500. If the bitcoin price is almost or has reached that price, maybe I will sell some of the bitcoin I have. Well, it looks very promising.
Do you think it is too high compared to the present time? Surprisingly, with your intentions, even though the bitcoin rises during this time, however, it can not reach $ 2,500, because if that happens, inflation will destroy the market. And the governments who accept bitcoin will not let it happen.
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DoublerHunter
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May 11, 2017, 09:33:32 AM |
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I will sell some of my bitcoins if the price of bitcoin already reached at least 2000 USD and i will wait for a dump and i will buy back and hold them again for long term or use them as a capital in trading. If bitcoin will have a hard dump and reach at least 1000 USD per bitcoin then i will buy at least 10 bitcoins and keep the for long term .
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emezh10
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May 11, 2017, 09:37:20 AM |
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Basiscally have no plans of selling them just hold them until the price go up and go up and maybe when i just wanted to sell them i will sell them. But i have no specific goal in bitcoin price to wait before i sell my coin but probablly around 5-10k dollars is enough.
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eXpl0sive
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May 11, 2017, 09:38:50 AM |
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I may sell *some* of my BTC (not all) when it goes beyond 3500 USD price. I have plans to buy a house and this might be the sweet spot that gives me necessary fiat and I can still keep some of my BTC as future investment.
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