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Author Topic: How many can resist selling off their BTC for huge profits?  (Read 3594 times)
javalemcgee
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October 10, 2017, 05:41:05 PM
 #161

well if you have a clear cut plan with what you want to do with your bitcoins i guess nothing can make you sell them  and so i'm a perfect example and i hardly sell what i have stored and maybe it's because i haven't had any pressing need to.

Normally, for anyone with a proper means of income outside bitcoin, I do not see any reason why they should have that huge pressing need to withdraw their bitcoins since the most important part is to HODL for future and they can always cover up with what they are earning from the outside. Circumstances differ though, but having bitcoin is more like buying a stakes in a company knowing that one day that stake is going to be worth so much than you can imagine and then selling to someone at a cheaper rate than it would have been later on.

People can't make sure the future of bitcoin will be successful and they sell in case of profits they earned. Otherwise, nobody would trade bitcoin in the exchanges and they would hold it forever.

This will never happen.
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October 11, 2017, 05:00:25 AM
 #162

For new users like me, it is very difficult to refrain from selling my coins. I sold some of my BTC earnings three months back. I wanted to feel the fun in profiting from Bitcoin. But now I feel like a fool. Had I held on to my coins, then I would have got a better ROI.
The price of Bitcoin has been signalled it will increase to the moon after bearish trend start in June.
Sell your Bitcoin is your wrong because you do not reseach about the price of Bitcoin on market, this is result by lazy!
Maybe some of them are selling their BTC because of some emergencies and they are totally need of money, and their's nothing to depend just only selling BTC. But we can blame them because that's their decision, and they made just to save other very important than bitcoin. Anyway, is just a money and still we can find it by making it again. Sometimes we sacrifice for the seek of others.
Eventually, everyone who ends up selling for profit will always end up feeling like a fool when they see the price shooting up gradually except for those who are trading though.

However, even if you are trading, it is still not wise putting all your currencies back for fiat when you know there is always either a possibility of one to keep having an increase or a decrease. Emergencies though like you said, can really force someone into using some parts of it, most especially if you do not have any other means.
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October 11, 2017, 12:56:59 PM
 #163

What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained.  Say 500% or more even?
It depends to the people who have bitcoin. Those people who have their own bitcoin that is experiencing a financial problem, cannot resist selling their bitcoin knowing that they can gain a large profit. But to those people that are stable enough with their lives, can resist any amount that will offer to them because they think of the future.
You really do have a point there though. There are some unforeseen circumstances that can make some people actually just dip their hands in their wallets even when they don’t feel like due to the pressing need to solve the problems at hand and that simply relates to bitcoin as well. I have been there and it is just how life is, you cannot fight it. But honestly I wonder how Satoshi Namamotto is managing himself to hold all his 1+ million bitcoins.

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October 11, 2017, 06:04:16 PM
 #164

not everyone thinks so, for example there are some people who rely on bitcoin as their main job so he used to use day to day he needed it for his living expenses, another case with people who invest his bitcoin, of course they have other jobs than bitcoin.
Probably for a 1000 people holding BTC only 1% of that thinking for selling it. Because more investors thinking of more profit and they believe that, holding it for long time the more they become more profitable us it's price hits in the market.
Holding for a long term has always paid more than anything and even those who have been holding right from the onset are still holding while putting some of it to work to get the best of the life they have always dreamed about.
The truth is that bitcoin has huge potentials and for all those who can see the potentials, they will know bitcoin is just on the first gear which will still take some number of years before it even switches to gear 2.
The longer we hold, the more profits we get simple as that. Holding on bitcoin for long cannot only give huge rewards but the holder starts understanding the crypto market also. This knowledge is basically important for trading. Bitcoin is again accelerating and holding on it for few years will make us millionaire and selling out at the present moment will be a wrong move.

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d1ceplayer
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October 12, 2017, 11:56:18 AM
 #165

not everyone thinks so, for example there are some people who rely on bitcoin as their main job so he used to use day to day he needed it for his living expenses, another case with people who invest his bitcoin, of course they have other jobs than bitcoin.
Probably for a 1000 people holding BTC only 1% of that thinking for selling it. Because more investors thinking of more profit and they believe that, holding it for long time the more they become more profitable us it's price hits in the market.
Holding for a long term has always paid more than anything and even those who have been holding right from the onset are still holding while putting some of it to work to get the best of the life they have always dreamed about.
The truth is that bitcoin has huge potentials and for all those who can see the potentials, they will know bitcoin is just on the first gear which will still take some number of years before it even switches to gear 2.
Holding always gives beneficial result and those who are blessed by bitcoin earlier are those who keep patience and hold coins for long term and then they sell at the good time and now they are the happiest persons on the earth, bitcoin allow everyone to use it as investment and as payment it’s all up to you how you use it, it gives benefits in both ways.
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October 13, 2017, 10:40:42 AM
 #166

not everyone thinks so, for example there are some people who rely on bitcoin as their main job so he used to use day to day he needed it for his living expenses, another case with people who invest his bitcoin, of course they have other jobs than bitcoin.
Probably for a 1000 people holding BTC only 1% of that thinking for selling it. Because more investors thinking of more profit and they believe that, holding it for long time the more they become more profitable us it's price hits in the market.
I think all the people who holds bitcoin in this day do not even think about selling their bitcoin as all the people know that in the future the price of bitcoin is growing higher and higher and they will make more and more money by this way.

I think it will be a foolish decision if someone wants to sell out his bitcoin in this price which is enough low. He should wait for some time and then if want can sell out his holdings.
gunungkembar
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October 13, 2017, 11:13:28 AM
 #167

What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained.  Say 500% or more even?
what if you make bitcoin into your future investment, with division eg you have 2 bitcoins, after bitcoin reaches 1000% profit then you sell 1 bitcoin and you wait up to 2000% for the rest of your bitcoin. I think it's more profitable and profit.

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October 13, 2017, 11:24:24 AM
 #168

What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained.  Say 500% or more even?
The percent of people able to resist selling their BTC is more than 600% because many are obtain huge profit. Even though the price is dump there is possibility many are selling their Btc. There thousand to hundred thousand can resist in selling off their bitcoin for the sake of huge profit.

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October 13, 2017, 02:04:29 PM
 #169

What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained.  Say 500% or more even?
The percent of people able to resist selling their BTC is more than 600% because many are obtain huge profit. Even though the price is dump there is possibility many are selling their Btc. There thousand to hundred thousand can resist in selling off their bitcoin for the sake of huge profit.
We can't really tell if they are going to hold bitcoin for long term because that is not sure and we can't dictate someone because bitcoin is decentralized so it means that it is not controllable and we can't do anything but to let those people do their wants for their bitcoin because they can either sell it for securing the profit or hold it and expect more and higher profit.
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October 13, 2017, 02:19:32 PM
 #170

I think that only a few percentage of people would sell their bitcoins to fulfill their wishes.Still,most of other people would just hold their bitcoins as they would gain more confidence on seeing bitcoin's price rising high.Mostly,old investors would not sell their bitcoins as they were the people who were seeing bitcoin's potential from its early stage.

Mostly,people will hold bitcoins in a long term basis and they would not bother about the short term price hikes.Some people will sell a small percentage of their bitcoins to enjoy the benefits of price hike.
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October 14, 2017, 10:52:48 AM
 #171

I think that only a few percentage of people would sell their bitcoins to fulfill their wishes.Still,most of other people would just hold their bitcoins as they would gain more confidence on seeing bitcoin's price rising high.Mostly,old investors would not sell their bitcoins as they were the people who were seeing bitcoin's potential from its early stage.

Mostly,people will hold bitcoins in a long term basis and they would not bother about the short term price hikes.Some people will sell a small percentage of their bitcoins to enjoy the benefits of price hike.
The prices at which bitcoin is residing at present have further strengthen the trust of people in holding bitcoin for a long time in order to enjoy grand profits. Bitcoin is the fastest way of making money at the moment. Only those will sell off bitcoin who are in desperate need of money or are fool.

No wise person can ever think about selling off all the bitcoin he has in his wallet because bitcoin are evergreen in terms of profit.

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October 19, 2017, 05:56:11 AM
 #172

I think that only a few percentage of people would sell their bitcoins to fulfill their wishes.Still,most of other people would just hold their bitcoins as they would gain more confidence on seeing bitcoin's price rising high.Mostly,old investors would not sell their bitcoins as they were the people who were seeing bitcoin's potential from its early stage.

Mostly,people will hold bitcoins in a long term basis and they would not bother about the short term price hikes.Some people will sell a small percentage of their bitcoins to enjoy the benefits of price hike.
Most of the people are using bitcoin as the long term investment because they know that they can buy sell through flat currency then why to waste such a valuable coin, holding this coin for long term assure one thing that the holder will enjoy the future life lavishly and bitcoin can also help in the hard time so everyone should hold their coins to use them in future when they need them more.
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November 18, 2017, 03:53:13 PM
 #173

What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained.  Say 500% or more even?

My approximate of  the exact percentage of bitcoiner people who are able to resist selling their btc when confronted with huge profits is 200% to 300% because mostly us bitcoiner in reality need a huge profits and that's is our purpose is to buy less and sell in high value,thats why we joined in this world of digital currency to earn and fullfill our needs.

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