culuuton
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July 05, 2017, 01:56:33 PM |
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Selling coins can be a loss of opportunity to earn a lot of money, but when money is urgently needed, you can sell a small part. You can save all your life, but you also need to allow yourself to live a little.
I agree with everything that you said. Holding bitcoin so far has been proven to be, maybe even best option. Because you earn money by doing nothing, and that is best part of bitcoin if you ask me. Also you can trade small part, or sell it for fiat currency to buy some luxury in life, like i do. And you could not be more correct when you said that people can save all life, but what is important is life. Bitcoin is eventually going to get to a point that you want. I think the absolute best strategy as it stands right now is to buy bitcoin.
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Eternu
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July 05, 2017, 02:05:38 PM |
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Selling coins can be a loss of opportunity to earn a lot of money, but when money is urgently needed, you can sell a small part. You can save all your life, but you also need to allow yourself to live a little.
I agree with everything that you said. Holding bitcoin so far has been proven to be, maybe even best option. Because you earn money by doing nothing, and that is best part of bitcoin if you ask me. Also you can trade small part, or sell it for fiat currency to buy some luxury in life, like i do. And you could not be more correct when you said that people can save all life, but what is important is life. Bitcoin is eventually going to get to a point that you want. I think the absolute best strategy as it stands right now is to buy bitcoin. That have sens i think. I was thinking that too, because of people fear of scaling on 1st of August, there is going to be a lot of selling, and with that price of bitcoin will go down a bit. It could be wise to buy bitcoins in that moment. Because till not bitcoin did not fail to recover from price drop, price always went up after sometime.
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Rufsilf
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July 05, 2017, 02:15:13 PM |
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It really depends on the reason of the person of selling bitcoin, if that person will sell bitcoin because he really need money then it is obvious that it is not an opportunity loss because he is selling for his own needs or to help the person who are in danger and use his bitcoin earnings to pay expenses. It becomes an opportunity loss when bitcoin is sold by no valid reason.
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stevebc
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July 05, 2017, 09:45:36 PM |
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Definitely some opportunity loss there - looking back I once spent what is now thousands of USD worth of BTC on VPN service!
It was all funny money back then.
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malikusama
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July 05, 2017, 10:00:34 PM |
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What i have learn from the bitcoin market till now is the more you hold the bitcoins the more you will get profit. I suggest you to wait a little more because it will going to rise high in the upcoming months.
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SvenBomvolen
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July 05, 2017, 10:08:56 PM |
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I have a penny bank on one wallet, just put there 20% of my weekly earnings, for any case. Who knows how high bitcoin will grow?! I'm already regret that I didn't invest in bitcoin the last year when the price was just 200$
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JakaE
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July 05, 2017, 10:16:25 PM |
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coinplus
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July 06, 2017, 02:28:39 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?
Bitcoin is volatile in nature.It may increase or decrease as per the variations in demand.But we can clearly see that bitcoin is getting legalized in some countries.Mass adoption of bitcoin is taking place all over the world.Since transaction fee is once again getting reduced,more people would once again show interest in using bitcoins.So,bitcoin price would increase more.It may even cross $3000 within two months.So,selling bitcoin at this time would be an opportunity loss. It is agreed that bitcoin is highly volatile in nature. It can increase or decrease but if we study the graph of its value it can be clearly seen that since a few years bitcoin has rapidly increased its value. It is a fact that it also decreases but only declines for a few seconds and due to bitcoin's resilient nature, it’s quickly recovers its value. So, bitcoin should consistently be used in the online market especially in the investment sector because it guarantees a profit for its investor. However selling bitcoin at this time can be considered as a loss because at this rate bitcoin is increasing rather very quickly.
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Rufsilf
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July 06, 2017, 03:21:14 PM |
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Great picture, it is really true that selling bitcoin is like choosing whether we are going to die or we are going to hold our bitcoin. I will hold my bitcoins because i really believe about the opportunity behind it and the possibilities of income that can bitcoin give to us if we will just hold.
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Monnt
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July 06, 2017, 03:21:41 PM |
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https://bitcointalk.org/index.php?action=post;topic=1922325.200;num_replies=205You can only say opportunity loss when you sold your Bitcoin without gaining profit. There is always an opportunity when selling or buying Bitcoin, you only have to check the price by that you'll know when to buy and sell to gain profit.
Yup, you say right! I not know why reason many people don't sell when highest price and after the price fall down, they sell it although not take loss, but they say that is make they loss more Just because of their greed, they blame market =)) I understand that, it's their fault, they are too greedy to make a lot of money, but then they do not believe in bitcoin anymore, and they are willing to sell it when it's low in value. I call them weak. I do not think anyone will know which is the best chance or opportunity they have. Everyone is just predicting, it is possible now is the right time to sell because the price will go down Or at this time is not right because the price will soon rise. Everyone does not know that. Considering the recent variations in the value of bitcoin, it can be seen that the value of bitcoin has been consistently been increasing so it is fair to assume that the value of bitcoin will further assume. This theory can be further strengthened by the fact that more and more people have started to use the crypto-currency especially bitcoin especially investors. It is clear to everyone that if investors invest their capital in a currency, that currency further strengthens. So, it is highly unlikely that the value of bitcoin will decease anytime soon.
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South Park
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July 06, 2017, 06:47:45 PM Last edit: July 07, 2017, 08:12:14 PM by South Park |
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You can only say opportunity loss when you sold your Bitcoin without gaining profit. There is always an opportunity when selling or buying Bitcoin, you only have to check the price by that you'll know when to buy and sell to gain profit.
Yup, you say right! I not know why reason many people don't sell when highest price and after the price fall down, they sell it although not take loss, but they say that is make they loss more Just because of their greed, they blame market =)) It is a mistake to blame the market for our losses, I have always thought of the market as I think of mother nature, if you are dumb enough to build a house near a cliff then you cannot complain when your house is destroyed by a natural occurrence it was your decision to put the house there in the first place, so those that buy at the incorrect time and lose money cannot blame the market they are the ones responsible for it.
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Cosbycoin
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July 06, 2017, 08:22:09 PM |
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I think this thing is not predictable.because every opportunity is depend on the subject itself.therefore nobody can say that selling bitcoin today is lossing an opportunity.i guess theres a lot of option should be handle in this case.we really dont know what would happen to the bitcoin price in the next 3 months from now. That is why everybody cant say that selling it is lossing an opportunity.
Investing in any asset can be a risky business. Patience and skill is required when making critical decisions while investing. If we talk about about bitcoin, the value of bitcoin is constantly increasing making it stronger day by day. That is why people do not recommend selling the bitcoin now because the value of bitcoin can easily sky-rocket in a matter of minutes. In this way a more marginal profit can be earned than originally invested in.
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Kevin77
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July 07, 2017, 08:43:52 AM |
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You can only say opportunity loss when you sold your Bitcoin without gaining profit. There is always an opportunity when selling or buying Bitcoin, you only have to check the price by that you'll know when to buy and sell to gain profit.
Yup, you say right! I not know why reason many people don't sell when highest price and after the price fall down, they sell it although not take loss, but they say that is make they loss more Just because of their greed, they blame market =)) Indeed, greed is the first factor that makes people drown in the losses. They think that price will go up and up again, but suddenly when they start seeing price drop they do a panic sell leading to complete loss of the money. It is such a logical thing that if you have 10% incriminate order then that is also your profit. There should be complete personal understanding about the market and how to grab your profits. A person with patience and a cool mind can be a successful investor. It is well known that the prices of currencies fall and rise consistently whether they be fiat currencies or cryptocurrency. We should not get panic when we see a decrease in the respective currency we have invested in especially in the case of bitcoin because bitcoin rather recovers its lost value rather quickly because of its resilient nature. Bitcoin can be considered one of the best performing currency whose value increases more rapidly, holding will always benefits the holder. From this I strongly believe into the fact of selling bitcoins must be equivalent to losing great opportunity of life time.
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ZzV1Finn
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July 07, 2017, 08:49:49 AM |
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Yes, selling coins can be an omission of the opportunity to get a good profit in the future. Those people who have now become millionaires thanks to bitcoin did not panic and kept their coins.
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iram1011
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July 07, 2017, 08:53:57 AM |
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You can only say opportunity loss when you sold your Bitcoin without gaining profit. There is always an opportunity when selling or buying Bitcoin, you only have to check the price by that you'll know when to buy and sell to gain profit.
Yup, you say right! I not know why reason many people don't sell when highest price and after the price fall down, they sell it although not take loss, but they say that is make they loss more Just because of their greed, they blame market =)) Indeed, greed is the first factor that makes people drown in the losses. They think that price will go up and up again, but suddenly when they start seeing price drop they do a panic sell leading to complete loss of the money. It is such a logical thing that if you have 10% incriminate order then that is also your profit. There should be complete personal understanding about the market and how to grab your profits. A person with patience and a cool mind can be a successful investor. It is well known that the prices of currencies fall and rise consistently whether they be fiat currencies or cryptocurrency. We should not get panic when we see a decrease in the respective currency we have invested in especially in the case of bitcoin because bitcoin rather recovers its lost value rather quickly because of its resilient nature. Bitcoin can be considered one of the best performing currency whose value increases more rapidly, holding will always benefits the holder. From this I strongly believe into the fact of selling bitcoins must be equivalent to losing great opportunity of life time. I differ from the point that selling bitcoin is an opportunity loss. Bitcoin is set to rise year by year because of limited supply and demand will obviously increase with years. That means selling bitcoin anytime would mean an opportunity loss. Investment doesn't work this way. If you have made a decent profit and you are satisfy, then you can exit. There is nothing wrong in that. For more and more profit you can't afford to keep your money in your investment like forever.
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joganuts
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July 07, 2017, 12:10:57 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.
Selling is actually a normal thing to do. It may help the stock of bitcoin to have a balanced on the market. If it will going to be a loss or an opportunity it depends. Because if you will sell and just used it to buy thing through transaction no improvement or earning will take place but if you will invest it on a trading you may have an interest just make sure to sell when it's high and buy when it's low.
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Sled
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July 07, 2017, 01:49:42 PM |
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Yes, selling coins can be an omission of the opportunity to get a good profit in the future. Those people who have now become millionaires thanks to bitcoin did not panic and kept their coins.
That is the proof that holding bitcoin for long term is the best because there is a lot of bitcoin users that already reached the million mark in their income from just bitcoin alone. Bitcoin is just a stepping stone from being poor to being rich, if we will do it correctly then we can expect a lot of positive things to receive and have a chance to become a millionaire someday.
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neochiny
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July 07, 2017, 02:08:37 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 will only be a loss if you sold your bitcoin without planning what to do with the money. I would sell my bitcoin not just because the price is high but because I see another opportunity other than holding bitcoin and it might be an another way to earn and expand and increase my earnings in cryptocurrency.
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skorupi17
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July 07, 2017, 05:16:35 PM |
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The real opportunity loss is if you sell your coins, you never returned to gain some more again. Stopping when you had your profit is the worst thing to do in the environment of Bitcoin. Yes you gained but by stopping, you limit yourself on how many you will earn. Bitcoin can give infinite benefits and earnings. You can sell your coins, it is your in the first place so whatever you want to do with it is nothing in our concern. However, if you get over with Bitcoin, it is your loss.
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South Park
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July 07, 2017, 08:18:04 PM |
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Yes, selling coins can be an omission of the opportunity to get a good profit in the future. Those people who have now become millionaires thanks to bitcoin did not panic and kept their coins.
While there are many jokes about those that hold bitcoin for the long term, the truth is there is not a more effective strategy, not only in bitcoin, but in any type of investment than to invest early in a project and then hold for a very long time, and finally after you get your target profits you sell, but one of the problems is why are you going to sell your bitcoin? To get fiat? That is why most holders probably plan to hold for the rest of their life.
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