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Jherek
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June 23, 2017, 08:09:02 AM |
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Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
If you can manage to time your trades correctly then selling bitcoin for the short term is a great thing beacuse you can get out of bubbles and get in when nobody is talking about bitcoin, much like 2 years ago when bitcoin is floating around $200 constantly. Bagholding for the long term does not always work. You may encounter for example personal expenses that will force you to sell your bitcoins anyways, or you may just not be patient enough to hold bitcoin for such a long time. Short term selling is really not an opportunity loss if you are planning on entering the market again. When the price is sky high right now I would even argue that selling would be the smart thing to do - wait for the dip in price and buy in. Make sure that you have at least 20% in btc at all times though, because the prices are extremely unpredictable and it could just skyrocket overnight and you don't want to lose out on that. |
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naidray
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June 23, 2017, 12:23:21 PM |
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Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
In one word if I need to answer, I would say no. You are not selling obviously at a lesser price than you bought it for, so definitely not losing an opportunity. Rather if you keep it, there is an uncertainty. So the ones, in my opinion are selling now are actually encashing the opportunity but the ones who are saving so are doing in hopes. |
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LastKiss
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Binance #Smart World Global Token
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June 23, 2017, 12:47:51 PM |
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Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
In one word if I need to answer, I would say no. You are not selling obviously at a lesser price than you bought it for, so definitely not losing an opportunity. Rather if you keep it, there is an uncertainty. So the ones, in my opinion are selling now are actually encashing the opportunity but the ones who are saving so are doing in hopes. People only afraid if bitcoin price increasing so hard that's why selling bitcoin has opportunity loss because bitcoin price increasing time to time and sometimes bitcoin got dumped so people afraid if they're missed the low price of bitcoin to buy and then sell again when the price high to get profit. That's why always keep your trading website opened will help you to know the current price of bitcoin. |
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Decoded
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give me your cryptos
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June 23, 2017, 12:55:55 PM |
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I'd take advice from a financial specialist that knows about bitcoins before trying to sell or buy..
Bitcoin is unlike any other asset seen before. It's so volatile, goes up and down randomly, and is so easily affected by political and social factors that it's hard to predict, even for a "specialist". Bitcoin especially now is so unpredictable, the time it will take you to contact and ask a specialist for their opinion/research, it may be too late. The price may have already spiked or plummeted. |
looking for a signature campaign, dm me for that
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jovs
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June 23, 2017, 02:19:21 PM |
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I can agree since i believe bitcoin have lots of potential and bright future. But, sell bitcoin might be great idea for those who think bitcoin problem can't be resolved or the price can't grow much anymore.
So, it depends on what people believe.
Yes bitcoin probably do have a future so many people think that holding bitcoin is a much better idea rather than to sell it. But on a trading aspect buying and selling is quite natural to happened or to do. It just need a proper management and good manipulation. If you want to earn more or to have a more oportunity on selling why not, you will just need to monitor the price as it increases or decreased so may have an interest everytime you buy back bitcoins. |
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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June 23, 2017, 02:38:12 PM |
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If you have need for funds, then sell it, otherwise don't because you realy might loose the opportunity to earn some extra. But depends also how did you get to these Bitcoins, have you bought them or earned them. Anyway, I beleive that the price will go up a bit more so hold at least some of amount if you have intended to sell the rest.
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holtzmann
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June 23, 2017, 02:59:35 PM |
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Tough to tell. The question is whether it is vital for you to sell them. If it is a matter of urgency, then compare bitcoin prices among the exchanges, find the highest rate and sell them. You will do well out of it anyway.
If you anticipate bitcoin to increase in value and you are not pushed by any circumstances, then hold them for a while and watch bitcoin behavior.
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Jalum
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June 23, 2017, 03:04:05 PM |
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Tough to tell. The question is whether it is vital for you to sell them. If it is a matter of urgency, then compare bitcoin prices among the exchanges, find the highest rate and sell them. You will do well out of it anyway.
If you anticipate bitcoin to increase in value and you are not pushed by any circumstances, then hold them for a while and watch bitcoin behavior.
Some people can do it and some people can't. I think that's as simple as it can get because if we could all predict the price for Bitcoin then there wouldn't be any speculative topics within Bitcointalk. In most cases, people that sell their Bitcoins usually regret selling them too early. |
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DrGuns4Hands
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June 23, 2017, 03:10:49 PM |
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some of us selling bitcoins because they thought that bitcoin price could possibly go down again and never come up again this is wrong about these people they didn't study bitcoin that well if they only knew that bitcoin price could actually hit more than we have right now they won't sell it anymore but in some cases some of us selling bitcoin because they needed the money.
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Gheka
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June 23, 2017, 03:14:16 PM |
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I can agree since i believe bitcoin have lots of potential and bright future. But, sell bitcoin might be great idea for those who think bitcoin problem can't be resolved or the price can't grow much anymore.
So, it depends on what people believe.
Yes bitcoin probably do have a future so many people think that holding bitcoin is a much better idea rather than to sell it. But on a trading aspect buying and selling is quite natural to happened or to do. It just need a proper management and good manipulation. If you want to earn more or to have a more oportunity on selling why not, you will just need to monitor the price as it increases or decreased so may have an interest everytime you buy back bitcoins. Exactly, people do not know about trading, they often choose keeping Bitcoin in a long time then sell when they have money problems or continue to hold until they see it was a good price and suitable for sale. For traders, buying and selling are things that happen frequently, they will sell when the price of the bitcoin is pumped to the highest and will buy when the price of bitcoin collapse, depending on their analysis and experience. Selling Bitcoin = Opportunity loss, stand in a certain aspect, I think this is true but the losses will not be too great if we sell it at the right time |
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kpcian
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June 23, 2017, 03:24:24 PM |
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I'm going with 50/50, since Bitcoin is becoming a profitable and credible currency across the whole world so it would be useful for adding up to your opportunity. But if you think about the volatility of Bitcoin then you will be really confused about your decision...so Bitcoin can change anything, it can change your money into Worthy or worthless...
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The_Dark_Knight
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June 23, 2017, 10:22:40 PM |
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Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
It is not an opportunity loss if you can time the market, but since that is difficult those that can take advantage of that are those that are very talented in trading and that is not something the average trader can do for the simple fact the he is average. |
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btcdevil
Legendary
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June 23, 2017, 10:30:14 PM |
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I dont think what you are telling is correct, their are users who are earning good in salary so what ever they are earning in bitcoin that they can save it, but like me who are earning very less so what ever earning in bitcoins have to convert 50% in fiat currency to meet my family expenses. So i think we earning bitcoin for our needs and when that needs are full filled that is the correct time.
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Pearls Before Swine
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June 23, 2017, 10:35:44 PM |
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Yes, I completely agree with this. This is the main reason why I can't stand to spend bitcoin! If I spend it now, 12 hours later it could very well be that I missed out on doubling my purchasing power. And this is also the main reason why bitcoin isn't performing well as a currency, i.e., people hoard it instead of spending it. I feel dirty and depleted when I spend bitcoin, plus it's also like I got smacked in the face when I pay $5 just to send $100 or something just as crazy. I love bitcoin, but it's got a lot of warts.
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CyberKuro
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June 23, 2017, 11:45:53 PM |
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You are assuming that the price will continue to rise. That is not guaranteed, so selling is not necessarily lost opportunity.
Selling may be the way to maximize your return, but it depends on the risk of holding.
The problem is, who knows whether bitcoin price will stop right here at some point or will continue to rise, so sell it in hurry and you will regret it tomorrow when bitcoin price keep growing. Yes, you're right, there is no any guarantee but we know bitcoin price always increases, year after year, from nothing - 8 years ago to $2600 today. So, people who sell or hold bitcoin have different chances to doubled their funds. |
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Malsetid
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June 24, 2017, 06:37:59 AM |
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You are assuming that the price will continue to rise. That is not guaranteed, so selling is not necessarily lost opportunity.
Selling may be the way to maximize your return, but it depends on the risk of holding.
The problem is, who knows whether bitcoin price will stop right here at some point or will continue to rise, so sell it in hurry and you will regret it tomorrow when bitcoin price keep growing. Yes, you're right, there is no any guarantee but we know bitcoin price always increases, year after year, from nothing - 8 years ago to $2600 today. So, people who sell or hold bitcoin have different chances to doubled their funds. As long as you're selling with profits already i don't see it wrong to sell your btcs. You're going to sell them eventually in the first place ao if you already feel like it and your okay with your profits, i don't there should be any regrets. Yeah the price may go up but it may also not and instead of you regretting selling, you may end up regretting not selling your btcs. So if you're already comfortable with your profits, then sell your btcs. |
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AjithBtc
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Vave.com - Crypto Casino
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June 24, 2017, 07:36:39 AM |
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Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
It is not an opportunity loss if you can time the market, but since that is difficult those that can take advantage of that are those that are very talented in trading and that is not something the average trader can do for the simple fact the he is average. Yeah experienced traders do such things as stated above. But in my opinion when a trader has got the profit that he has been targeting on, then there is nothing like a opportunity loss. Because price increase is quite common, so at any point one cannot make a selling thinking the next day price may peak. |
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deisik
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June 24, 2017, 08:03:11 AM |
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You are assuming that the price will continue to rise. That is not guaranteed, so selling is not necessarily lost opportunity.
Selling may be the way to maximize your return, but it depends on the risk of holding.
The problem is, who knows whether bitcoin price will stop right here at some point or will continue to rise, so sell it in hurry and you will regret it tomorrow when bitcoin price keep growing Such feelings are entirely psychological or even illusory While profits are real, especially profits in the range of thousands of percentages and thousands (if not millions) of dollars. So these regrets may be genuine (no less "genuine" than any other feelings are), but the regrets of not booking profits would not only lead to regrets as genuine (in fact, they would be a lot more severe), but also to real money lost. This is the difference which we should never forget of (profits not earned and profits lost) |
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freedomno1
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Learning the troll avoidance button :)
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June 24, 2017, 08:50:33 AM |
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Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?
Price is not guaranteed that said we can go into historical data to prove at any point in time prior to 2017 even peak period 2013 holding it does pay off, of course you trade time. A person with a one or two year time horizon would not see the rally if they bought at the peak etc. Determining your real profit point is all that matters in the end and where you want to execute your trading. |
Believing in Bitcoins and it's ability to change the world
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adzino
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June 24, 2017, 09:20:37 AM |
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Yes, I completely agree with this. This is the main reason why I can't stand to spend bitcoin! If I spend it now, 12 hours later it could very well be that I missed out on doubling my purchasing power. And this is also the main reason why bitcoin isn't performing well as a currency, i.e., people hoard it instead of spending it. I feel dirty and depleted when I spend bitcoin, plus it's also like I got smacked in the face when I pay $5 just to send $100 or something just as crazy. I love bitcoin, but it's got a lot of warts.
If you consider bitcoin as a form of currency and accept that way the price is in the market, you have nothing to regret about when using. You just consider bitcoin as a form of investment, and spending from your investment feels bad when you see the price go up. |
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