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Author Topic: Hold... Hold.... Hold.... Do not sell everything  (Read 5302 times)
itsallpc
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July 12, 2017, 08:39:13 AM
 #121

I am a strong believer that this is not the big bubble that everyone is predicting. If you want to make some profits, then sell a small percentage

of your coins, but DO NOT sell every coin you have. We have not even sorted out the scaling issues and we have not even had 1 killer/viral Bitcoin

Application and look at where the price is now. Only 1 country has signalled that they will fully embrace Bitcoin {Japan} ... What will happen once

this goes global?

Take some profits now, {to protect yourself, if this goes bad} BUT do not sell everything. Leave some coins for the Big Score when this thing

really takes off to the Moon.  Wink
You have given a good advice.It would be useful to every one especially newbies.If they spend all of their holdings,definitely they have to regret if bitcoin goes to the moon.On the other hand,if they sell a small portion for profit,then if bitcoin price goes down,they could get satisfied that they have minimized their loss to some extent.
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July 12, 2017, 10:42:00 AM
 #122

As you can see those of us not needing the cash have no problem just holding as long as it takes, but there are not many people like that.
Mostly people involved can't afford to lose even 5% so when price starts to go down they will click on sell, now if you could see the wider picture you'll realize the reason about the price dropping, all it takes are 5000 small holders to dump their small amounts in a day, others will follow the next day. I don't want to get started about whales, when they dump  price freely falls by $500/$1000 anyways still $1500 for the price of bitcoin is not a crash as we were at $1200 when the big pump started and difficulty didn't increase so much to justify the above $2000 that easy.
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July 12, 2017, 03:34:15 PM
 #123

As I know Japanese start accepting bitcoin on early April by their goverment so that cause bitcoin demand getting higher recently.
Bitcoin value is adjusting their demand. But in other side, I'm fear what if another whale trader/investor are behind the scene of this bitcoin enhancement which will cause dump at the end ...   

I think bitcoin is in transition. Its value could increase sharply in the future. Countries have already begun to accept bitcoin as Japanese
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July 12, 2017, 04:37:40 PM
 #124

You need to keep coins even with such a panic that is created around August 1, because I'm sure that this is not the last panic that is trying to destroy bitcoin. You need patience and then you can get rich.
Thats right I think you need a lot of patience to do not sell your coins . Because many people  as of now panic selling their bitcoin because august 1 is near and many people said the price of bitcoin will go down but it depends on your research.its not 100 percent sure but if bitcoin down for sure it will recover again after few years and it will be higher to the current price. More bitcoin that you have possible earn a lot of profit.
I don’t think patience is the right word for it, the most important thing is to trust in bitcoin, for those that think bitcoin is the best crypto then there is not a problem with holding long term, those that are not fully convinced of bitcoin capabilities are the ones that have problems holding.

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itsallpc
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July 13, 2017, 01:34:53 AM
 #125

meh, the panic sellers never listen and the higher we go it seems like it becomes easier to shake them out and take a big profit.

and times like this is the perfect time for people with my strategy.
what i do is buying bitcoin each month or couple of weeks or so whenever i have money. and at times like this where there is a big rise i wait till the panic sellers panic and buy all their coins cheap Cheesy
Thats really a great idea.Panic sellers would be always available in the market.So just making use of the situation and buying cheap bitcoins is a good idea.Instead of shouting at panic sellers,i am also going to follow this idea from now.
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July 14, 2017, 03:01:21 AM
 #126

I am a strong believer that this is not the big bubble that everyone is predicting. If you want to make some profits, then sell a small percentage

of your coins, but DO NOT sell every coin you have. We have not even sorted out the scaling issues and we have not even had 1 killer/viral Bitcoin

Application and look at where the price is now. Only 1 country has signalled that they will fully embrace Bitcoin {Japan} ... What will happen once

this goes global?

Take some profits now, {to protect yourself, if this goes bad} BUT do not sell everything. Leave some coins for the Big Score when this thing

really takes off to the Moon.  Wink
Of course, never sell out the bitcoin you hold, it will give you a lot of profit over the past 4 months. I only sold a few bitcoins but now its price has increased four times over the time. Points I sell. However, if you hold in hand too much to sell a little to recover capital.

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logicgate
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July 14, 2017, 03:20:51 PM
 #127

Nobody is talking about the bubble. This is not the bubble. A small drop in the price doesn'tmean anything serious for Bitcoin. There is no reason for panic ad I think it would be a mistake to sell even the part of coins now. My position in this point is constantly and only HODL.

People who are new to bitcoins and don't have enough experience will easily get panic at this stage and start selling their coins but who knows bitcoin very well will never sell their coins now and will wait for the price to go again higher in coming days and that is the right thing to do in my opinion.
Absolutely, noobs panicking a lot otherwise there's no need of so much panic and at the same time they should understand it might be a good opportunity to make big money.

After a long time we have seen this low price of bitcoins and I think this is a great opportunity to buy some more bitcoins and keep them safe for future as everyone is speculating that price will be $4000 at the end of the year and if that happens then it will bring huge profits for them if they buy now.

 Yes you are are right that is also a great opportunity for us to buy bitcoin, because yeah, after long time its price has become to low and many people can buy it very easily. So don't miss the opportunity to buy bitcoin now and save it for long time because its price will hit 4000$ very soon, to me i think in one or two years later.
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July 16, 2017, 04:09:19 PM
 #128

The price of bitcoins is going higher and higher and there will be not be an epic dump as people have trust in bitcoins and they would not dump down all their bitcoins.
Actually, Holding is one the best strategies that may you do if you really want to make a good profit. In addition to that, holding of bitcoin or any coin will help you to gain a lot of income and I think the price of it will rapidly increase in the near future and I believe on that. Lastly, hold your bitcoin and be patient if want to become rich someday.
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