Vikingr
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July 03, 2017, 09:54:55 PM |
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I'm not selling or having some plan to sell because all i do is buying and keeping bitcoins for long term instead of selling and missing opportunity to be rich soon. I don't need to have a plan for selling because based on the things that i read and i feel about bitcoin, it seems that it is perfect for long term which is the best for people who want to be a millionaire.
Actually, I’m not ready to sell my bitcoin and I would rather to hold it than to sell it. I also agree that holding bitcoin will help to become rich someday because I know that the price of bitcoin will increase in the near future. Holding is one the best strategy that you can do if you want to make a good profit. Hoding is best choice for people how more free money and a stable job can take income every months. When holding, need forget that coin and set a target when reach will sell all, working with your job can help you forget that easy Never forget about your investments. This is a very difficult job and you always need to follow the news and price fluctuations. Thanks to this you can always wisely adjust your investment portfolio Personally, I'm ready to sell my cryptocurrency when I like the price You are right that if a person invest in an asset then they have to follow that investment to work out for the benefit and to remain protected from any loss but in case f bitcoin it is a news that for long term the price of bitcoin will increase so if someone will keep them for longer without touching them then he will not lose.
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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MMA
Legendary
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Merit: 1000
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July 03, 2017, 11:06:22 PM |
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Hoding is best choice for people how more free money and a stable job can take income every months. When holding, need forget that coin and set a target when reach will sell all, working with your job can help you forget that easy Yes holding for now is the best choice. And you have nothing to do but to just sit and relax wait for bitcoin's price to increase. It's up on your end on how you will come up with the increase, there are holders that are good to sell when the price of bitcoin reaches their expectation. we can see that the price of bitcoin has again start increasing, and hope that this time it will hit 3000$, i think there not making any sense to sell bitcoin in such a low price, because the price of bitcoin has high potential to increase and therefore holding bitcoin will be a wise decision. the bitcoin price price is trading too much stable and that is a good sign for the increasing of the price of bitcoin.
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Ronaldcoin2017
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July 04, 2017, 10:22:29 AM |
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I think the best time to sell is when the product is in a great demand in the market if it has a great demand the product well be sell in high price. Same as bitcoin it.if its change is in low price.just hold it and wait for its price hike.and if bitcoin price is goes higher that was the best time to sell it. This can be more profitable.
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Kidmat
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July 04, 2017, 10:49:06 AM |
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I think the best time to sell is when the product is in a great demand in the market if it has a great demand the product well be sell in high price. Same as bitcoin it.if its change is in low price.just hold it and wait for its price hike.and if bitcoin price is goes higher that was the best time to sell it. This can be more profitable.
When you buy it at lower price and you think you already earned profit you can sell. Buy back when price beome low, the process is buy low and sell high. But usually Im not selling at this time, I just buy and hold like in bitcoin. I buy and hold because I know for sure its price will increase in the upcoming months. Though we cant predict because in this case its either dump or it will pump. But it is good that you can set your target price so you can earn.
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8Habits
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July 04, 2017, 10:57:13 AM |
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When do you decide to sell?
Is it a sat, a % of profit, or even a randomly thought up number in your head?
I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage. This seems much easier to hit that percentage, but much more risky.
How do you determine when to let it go?
At the moment, I am trying a system which is working quite well for me - I go for just 3% profit and just rinse and repeat as much as I could. What I do is go find altcoins that are going down for the day. Buy when it is really low or when you can see obvious drop of price and then make an automatic sell with just aiming for 3% profit.
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Termin4tor
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July 04, 2017, 11:54:24 AM |
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I think the best time to sell is when the product is in a great demand in the market if it has a great demand the product well be sell in high price. Same as bitcoin it.if its change is in low price.just hold it and wait for its price hike.and if bitcoin price is goes higher that was the best time to sell it. This can be more profitable.
Yeah, that's pretty much the simple way to sell and earn a good profit. In my case I hold ethereum and sell when the price of my initial investment is doubled and I guess that's the safe and quick way to trade for me since the price of ethereum is very volatile and unstable at the moment. Also one thing I watch out for is ICO crowd sales. The prices go up like crazy if a very huge ICO crowd sale is active on the day. If you decide to sell your eth at that time, you can easily make a bang for your buck.
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evermarkets
Member
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Merit: 10
Founder of EMX
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July 04, 2017, 02:48:10 PM |
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Buy and hold here.
Keep in mind that holding for the long term also gets you long term capital gains treatment for taxes, which in the US is a pretty hefty savings. If you're holding an asset close to a year, you might as well wait for the extra year to pass and get a guaranteed 20% of so bump in your tax rate.
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Crypto_trader87
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July 04, 2017, 06:47:48 PM |
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i sell my token or coins if i see that i already have a good for it the more higher the price the good profit you have lets say you already have a 100% to 200% or 300% of your investment for me i will sell it my hodings thats a very good profit this is only advisable for a long term but if you like a short term small like 30% or 20% you can sell it and buy again fo another short trade
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Lorence.xD
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Leading Crypto Sports Betting & Casino Platform
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July 05, 2017, 03:29:23 PM |
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When do you decide to sell?
Is it a sat, a % of profit, or even a randomly thought up number in your head?
I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage. This seems much easier to hit that percentage, but much more risky.
How do you determine when to let it go?
You can sell your bitcoin when the value of the bitcoin becomes higher than the value when to bought it .By that your investment becomes bigger and you have your money gained from it.
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buyinbtc
Legendary
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Activity: 1008
Merit: 1010
CryptoTalk.Org - Get Paid for every Post!
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July 05, 2017, 09:43:04 PM |
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When do you decide to sell?
Is it a sat, a % of profit, or even a randomly thought up number in your head?
I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage. This seems much easier to hit that percentage, but much more risky.
How do you determine when to let it go?
Usually i sell when i get 10% profit, but sometimes i need to sell coins earlier, because i follow crypto news every day and sometimes you can simply feel when price of some coins will fall, so i sell them with only 3-4% profit, as it is better to get less profit instead of taking a risk, because of of coins i trade are really unstable.
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aoihs00
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July 06, 2017, 03:50:28 AM |
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I plan to sell if I’m making little profit or returns from the investment that I have made. I keep my greediness out side the window and whenever the market starts moving up I stop myself real soon. I don’t regret if the market is still going up because at that time I’m out of risk loosing all the investment due sudden sumps in the market. Thats the best strategy I believe in and could profit vastly with slow investment.
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centrum
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July 06, 2017, 06:18:45 AM |
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Either bitcoins or altcoins I sell when I am making some good profits from it as holding too long can be risky as price may crash in coming days so its better to sell them and wait again for the price drop so that you can buy them back at lower price and you need to repeat this cycle again and again to make regular profits.
i think its also better to only take your capitals then just hold your profit. with this, you will never lose the battles even if the prices drop, right. so whenever the price drop, you can buy again using the capital then sell in it bounce back. i think this is the best way. BUT ONLY for coins who has great potential and an active dev. i dont do this in those shitcoins.
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Coffee2015
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July 06, 2017, 06:25:21 AM |
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Dont sell. HODL.
We are just starting to grow. If you sell it then it ll be more expensive, HODL.
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Felipe Postingher
Member
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Activity: 94
Merit: 30
Here we go! I am a portuguese translator!
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July 06, 2017, 12:08:39 PM |
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I use to set a % of profit and a % to stoploss. If necessary hold the asset longer
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magmar
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July 06, 2017, 12:37:15 PM |
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When do you decide to sell?
Is it a sat, a % of profit, or even a randomly thought up number in your head?
I am new to trading Crypto, but when I traded other stocks, I would aim for a certain percentage. This seems much easier to hit that percentage, but much more risky.
How do you determine when to let it go?
I don't sell all those coins I've earn. I hold it for a long time because I know that the price of it will become higher in the next following years. But I take my capitals and the 20% of my profit in case the value of it falls.
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Wintersoldier
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July 06, 2017, 02:54:35 PM |
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I sell at regular intervals whenever I get btc and keep in mind x% of profit. Whenever it reaches that I sell of majority of it and keep small as a future investment. Rest all are sold immediately considering the btc price volatility and its future in respective country.
That's good of you to sell based on the situation that prevails in your country as well depending on the price movement happening with it. Most of the time I do sell my bitcoins only on emergency requirement, other than that tit would be safe in the wallet. So that it will serve as an investment for the future. I don't fear of government restrictions, because it is not that bad as common people believe as well I hope it won't get destroyed. The differences between the country may also be a vital reason for the decision on selling your bitcoin. For me I also sell my bitcoin in terms of the price development of bitcoin. I trust the price and the development but i sell when i want to. I do not limit my self on selling because I just make portion selling where I hold a part of my bitcoin for further development of its price and value.
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wuvdoll
Legendary
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Activity: 1442
Merit: 1025
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July 06, 2017, 04:48:59 PM |
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Buy and hold here.
Keep in mind that holding for the long term also gets you long term capital gains treatment for taxes, which in the US is a pretty hefty savings. If you're holding an asset close to a year, you might as well wait for the extra year to pass and get a guaranteed 20% of so bump in your tax rate.
When you buy bitcoins you have to work with patience and you have to keep in mind all other government rules and regulation about saving and investment. The main thing you must kept in your mint is the policy of taxation in your country on savings. May be long term saving lead you to pay more percentage of tax, so chose right time to sell your bitcoins and I think the right time is start from now on. One thing is clear for bitcoins for now that it’ll never lost your investment.
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bitllionaire
Legendary
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Activity: 1120
Merit: 1000
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July 06, 2017, 06:53:58 PM |
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Either bitcoins or altcoins I sell when I am making some good profits from it as holding too long can be risky as price may crash in coming days so its better to sell them and wait again for the price drop so that you can buy them back at lower price and you need to repeat this cycle again and again to make regular profits.
i think its also better to only take your capitals then just hold your profit. with this, you will never lose the battles even if the prices drop, right. so whenever the price drop, you can buy again using the capital then sell in it bounce back. i think this is the best way. BUT ONLY for coins who has great potential and an active dev. i dont do this in those shitcoins. yes it is always good to withdraw your profit from trading that you have made in trading and always try to play with your investment again, through this way you will not lose everything you have. and will give you opportunities to continue gambling for a long time.
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ubitcoin
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July 06, 2017, 07:51:30 PM |
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Either bitcoins or altcoins I sell when I am making some good profits from it as holding too long can be risky as price may crash in coming days so its better to sell them and wait again for the price drop so that you can buy them back at lower price and you need to repeat this cycle again and again to make regular profits.
Many people have made much money during the recent years. The thing which matters is planning. If you have planned to gain by investing into bitcoin you will surely gain the best profit. Firstly, thinking of the downfall of the exchange rate of bitcoin is stupidity. Because it has increased a lot. If you suppose that its worth becomes down due to any issue, remember it will definitely move back to its higher exchange rate because of the growing significance of bitcoin in the whole world. So, investing for a longer time definitely helps you to gain profit and become richer eventually.
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tabas
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July 06, 2017, 08:15:01 PM |
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Either bitcoins or altcoins I sell when I am making some good profits from it as holding too long can be risky as price may crash in coming days so its better to sell them and wait again for the price drop so that you can buy them back at lower price and you need to repeat this cycle again and again to make regular profits.
i think its also better to only take your capitals then just hold your profit. with this, you will never lose the battles even if the prices drop, right. so whenever the price drop, you can buy again using the capital then sell in it bounce back. i think this is the best way. BUT ONLY for coins who has great potential and an active dev. i dont do this in those shitcoins. yes it is always good to withdraw your profit from trading that you have made in trading and always try to play with your investment again, through this way you will not lose everything you have. and will give you opportunities to continue gambling for a long time. Withdrawing your profit is a good way to manage your assets. But it's up on your hands on how you are going to grow that money. If you don't want to miss the chance of losing a lot of potential profit at better price, it's better that you forget to sell now. Just keep on holding first.
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