Kprawn
Legendary
Offline
Activity: 1904
Merit: 1074
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May 22, 2017, 03:44:30 PM |
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I sell some every time the price starts to take a dive... { my guess work has worked out for me } and then once the price drops to much lower levels, I buy some again. I usually end up with more bitcoins than I had before I sold it. I am not saying it is going to work all the time... but I have been lucky so far. I always keep some bitcoins on paper wallets ....just in case this thing goes to Mars. If Mr Pizza kept some bitcoins back then and not used everything for pizzas... he would never have regretted buying those pizzas. The real profits come from the few bitcoins you keep on the side... until the big day comes. [[ $1 000 000 per Bitcoin sound more or less right to me ]]
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Wexlike
Legendary
Offline
Activity: 1473
Merit: 1086
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May 22, 2017, 03:52:22 PM |
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I am spending to invest, just bought a "gaming" pc with 2 1080 TI's for mining. Never leave the crypto economy system, ever !
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lite
Legendary
Offline
Activity: 1400
Merit: 1009
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May 22, 2017, 03:54:03 PM |
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Now that the price is increasing, would you sell your Bitcoins any-time from now for hard cash?
Nope, i won't sell unless i see price at $5k or above. i won't sell all my coins though (10% of my holding), rest will keep on holding to purchase a house with bitcoin.
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BrewMaster
Legendary
Offline
Activity: 2114
Merit: 1293
There is trouble abrewing
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May 22, 2017, 03:57:03 PM |
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i would like to repeat like always and like others and say no i will hold forever and never sell but to be honest i have sold and will sell something at least.
i believe it is not a good idea to hold everything. for example if you have 1BTC then don't even think about selling. but if you have a couple BTC then sell a very small portion to enjoy the profit you gained. like 5% of the stash if it is small or less if it is bigger. many are celebrating these days the Pizza day, the $2000 mark. it is healthy.
but apart from that i will hold for years.
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There is a FOMO brewing...
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nydiacaskey01
Legendary
Offline
Activity: 1834
Merit: 1036
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May 22, 2017, 04:00:08 PM |
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Im planning to sell some of it, lets face it, we need money, we need fiat, we cant use Bitcoins yet to buy for anything that we need on our daily lives but I will not sell all of them, maybe only a small portion just to cover the amount of money that I need. I know Bitcoin has not reached its highest rate yet.
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LimLims
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May 23, 2017, 01:34:32 AM |
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Im planning to sell some of it, lets face it, we need money, we need fiat, we cant use Bitcoins yet to buy for anything that we need on our daily lives but I will not sell all of them, maybe only a small portion just to cover the amount of money that I need. I know Bitcoin has not reached its highest rate yet.
Yes bitcoin has lot to offer in future but if you really need money then you can sell some part of your bitcoins to manage your basic stuffs but only sell the amount you need and rest hold for the future and wait for the best price to sell your rest of the coins.
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iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
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May 23, 2017, 08:31:59 AM |
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Now that the price is increasing, would you sell your Bitcoins any-time from now for hard cash?
Of course, everyone must have the same sense of attraction. We are all interested in getting a lot of bitcoin. Now the bitcoin price increases and almost everyone wants to swiftly exchange it to hard cash money.
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sundownz
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May 23, 2017, 10:37:14 AM |
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I've committed to selling 50% of what I mine and keeping the other 50% for the longer term.
I sold all of what I had when it first broke past the old historic high -- which is fine as I made great profits... but I think holding back 50% from here on out is a good idea.
Mining about 1.7 BTC per month right now (via Nicehash)... I plan to keep building more machines as long as it stays profitable.
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Diced90
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May 23, 2017, 11:11:59 AM |
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Now that the price is increasing, would you sell your Bitcoins any-time from now for hard cash?
Selling some of my bitcoins is on my cards but only for cash that i am really in need of because bitcoin price has not reached its peak as we all believe prices might even go as high as 10,000 dollars. For now it would the right choice to keep holding.
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matrix zion
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May 23, 2017, 11:33:30 AM |
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Yeah selling btc is a mistake on the long run, but short term profit is important too. Otherwise you're going to just... Never sell anything in fact! And if you never sell anything all you have is imaginary money. Capitalization. You don't buy anything with that
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mindrust
Legendary
Offline
Activity: 3416
Merit: 2519
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May 23, 2017, 11:43:03 AM |
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I won't sell any bitcoin in the next 10 years, unless its price becomes something crazy like 100k$ in a short time period (like 2-3 years)
I know I won't be selling anything for 10k$ but when it starts to go above 10k$ it will be hard to resist. 50k$ for a pure also has a nice ring to it but it doesn't make my dream real so i probably won't care about it unless i own 10bitcoins at that time that's another story.
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Zifen
Newbie
Offline
Activity: 38
Merit: 0
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May 23, 2017, 11:46:08 AM |
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Now that the price is increasing, would you sell your Bitcoins any-time from now for hard cash?
Most people that hold bitcoins are expecting for a big price increase then definitely they will sell it soon. But for now, kinda not a wise way to dump some coins. In the first place, who will sold coins if the price is experiencing a continous rise movement? Better do hodling as we can expect more of it while time passes by.
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
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May 23, 2017, 12:03:18 PM |
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If it reached a certain price level and still wasn't practical to buy things like property with it, and I wanted some, then I'd have to flog some . Other than that I have no plans.
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BTCLovingDude
Legendary
Offline
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
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May 23, 2017, 12:04:21 PM |
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each time there is a significant rise people ask the same question and every time the answer is the same many say they will sell if price reaches some imaginary number, that price was $300 at some point believe it not! and each time many do actually sell at that price and then either buy back at a higher price or get lucky and price really takes a dive so they can buy lower! as for me, since i don't want to be the guy who sold at $300 and was left behind in the dust, i won't sell unless i need money.
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--looking for signature--
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digaran
Copper Member
Hero Member
Offline
Activity: 1330
Merit: 899
🖤😏
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May 23, 2017, 01:31:04 PM |
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If I had and bought them under $1200 now would be the perfect time for me only to sell and enjoy the cash, but I don't recommend any body bought above $1800 to sell now, we may very well be heading towards $2500 waters soon hopefully if the rally continues. One advice, if by any chance you woke up one day and saw the price is at sub $500 don't panic and keep holding your Bitcoins, I learned it the hard way, sold in panic and now I know as long as I have them in my wallet no matter what happens they're still worth a lot of money.
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🖤😏
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afbitcoins
Legendary
Offline
Activity: 2101
Merit: 1061
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May 23, 2017, 02:23:36 PM |
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If bitcoin is entering full on bubble mode the problem of with selling is that you might have to watch as it continues climbing magnitudes higher leaving you wishing you'd held, or you might be lucky and sell near the top, but its a bit of a lottery. If you want to make sure you don't get thrown off the bull too early you can hold on for dear life through all the dips and corrections until after the eventual crash (you'll know it when you see it) and then try to sell near the top of the first dead cat bounce.
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blade87
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May 23, 2017, 03:02:04 PM |
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I will sell either to buy back more Bitcoin, and if/when that fails, diversify my investments. If bitcoin is entering full on bubble mode the problem of with selling is that you might have to watch as it continues climbing magnitudes higher leaving you wishing you'd held, or you might be lucky and sell near the top, but its a bit of a lottery. If you want to make sure you don't get thrown off the bull too early you can hold on for dear life through all the dips and corrections until after the eventual crash (you'll know it when you see it) and then try to sell near the top of the first dead cat bounce.
In 2013 there was a heavy correction from about $750 to $450 on the way up. Even when it seems obvious... it's not. Imagine how the people who sold the bounce at $550-$600 or so must have felt after they watched the price continue on to $1000+.
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BlackPanda
Legendary
Offline
Activity: 1414
Merit: 1001
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May 23, 2017, 03:42:53 PM |
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I will sell either to buy back more Bitcoin, and if/when that fails, diversify my investments. If bitcoin is entering full on bubble mode the problem of with selling is that you might have to watch as it continues climbing magnitudes higher leaving you wishing you'd held, or you might be lucky and sell near the top, but its a bit of a lottery. If you want to make sure you don't get thrown off the bull too early you can hold on for dear life through all the dips and corrections until after the eventual crash (you'll know it when you see it) and then try to sell near the top of the first dead cat bounce.
In 2013 there was a heavy correction from about $750 to $450 on the way up. Even when it seems obvious... it's not. Imagine how the people who sold the bounce at $550-$600 or so must have felt after they watched the price continue on to $1000+. As it is now, all the impossible can come true. Bitcoin prices rose well above predictions and forecasts. In 2013 no one would imagine bitcoin prices could reach 2300USD. Price rates that exist today are a dream come true.
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Wipro
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May 23, 2017, 05:58:46 PM |
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I will sell either to buy back more Bitcoin, and if/when that fails, diversify my investments. If bitcoin is entering full on bubble mode the problem of with selling is that you might have to watch as it continues climbing magnitudes higher leaving you wishing you'd held, or you might be lucky and sell near the top, but its a bit of a lottery. If you want to make sure you don't get thrown off the bull too early you can hold on for dear life through all the dips and corrections until after the eventual crash (you'll know it when you see it) and then try to sell near the top of the first dead cat bounce.
In 2013 there was a heavy correction from about $750 to $450 on the way up. Even when it seems obvious... it's not. Imagine how the people who sold the bounce at $550-$600 or so must have felt after they watched the price continue on to $1000+. As it is now, all the impossible can come true. Bitcoin prices rose well above predictions and forecasts. In 2013 no one would imagine bitcoin prices could reach 2300USD. Price rates that exist today are a dream come true. But that time, price bubble fall back to the low value. I hope the bitcoin value will not slide like that. This bump should move forwards for sure as we have enough adoption source over blockchain tech and bitcoin. So holding would be best adoption for now. No need to sell out coins.
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FloraMullan (OP)
Member
Offline
Activity: 74
Merit: 17
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May 24, 2017, 08:41:56 AM |
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For those who are not willing to sell now, since BTC is now reaching all time highs, be ready for any disappointments and regrets. Cryptocurrency world is so unpredictable, I’m selling 50% of my BTC , its worth it since I bought them at a lower price
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