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Author Topic: How many can resist selling off their BTC for huge profits?  (Read 3594 times)
equator
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August 27, 2017, 08:59:15 PM
 #21

what do you mean by that ?
you're asking how many % people will sell their holding when they're profited for more than 500% and around that ?
well if you're asking about it i can tell you that only a few %,i think nobody know the right number.
but i am sure it will only a few people will sell their holding,you know why?
because it has been 1000% from their holding but they keep buying and buying.
they know it will be huge in the next few years later that is why many people keep holding it until it reach 6 figures.
so,only a minor people keep selling it for profit and cash out
yeap only the minors will be sell their BTC and cashout for the hardmoney and spend it in some things , but we, we will not just sell our own BTC because we know that this is for our future, bitcoin will be more success in the near future and we all buy our money bitcoins for more success.
Some people have no patience. Which is not a good option. Because they sell their bitcoin and spend the money. This is not how you can earn the big profit. Actually this not how you earn the profit. You have to wait until the price of bitcoin reaches your aims. You have to wait and watch the price and handle the ups and downs through which the currencies go.  People who think about their future try to be patient and wait for the right time.

It is not the question of keeping patient but it is upto the users choice of selling bitcoins on what ever price they are thinking is enough for them. Like me i use to dont see the price and every week i sell my bitcoins as i am converting my bitcoins to fiat currency and using it in my daily life activities . so for me when ever i am selling that is the best price for me.
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August 27, 2017, 11:28:00 PM
 #22

What is the point of resist? Most of us holding Bitcoin to get profit, if the amount of the profit is already hitting the target then I am sure a lot of people will sell it, unless the person saving it for different purpose like emergency usage or inherited to their childrens


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August 28, 2017, 09:35:29 AM
 #23

we cannot find the exact percentages how much profit people have it because it depend on the profit target for every people themself and in my view people won't resist the profit more than 500% even more likely they're will sold all of their bitcoin because it is huge achievement and imagine if you have $1000 in bitcoin and after several times to hold your investment asset already valuable more than $5000 i think immediatelly you will sell your bitcoin
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August 28, 2017, 10:47:53 AM
 #24

I think more resist, because they just want their bitcoin to grow to a reasonable value, to think about selling it. I guess many don't have a great posession in terms of BTC, so, they might just hold them, and earn more and more. It has it's risk, but if someone asks me if I want to sell a BTC for 4000$ or just hold till it reaches say, 10000$, I prefer the second option, because I believe in the potential of BTC. Others sell on panic, or don't value the growth of BTC at all.
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August 28, 2017, 11:14:23 AM
 #25

I do not think many people will refuse to sell the bitcoin they have just to get a big profit. most people see continued bitcoin price movements, if they have an increase they want, surely they will sell their bitcoin. Maybe just some people who continue to hold the bitcoin they have because they have a goal for the future.
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August 28, 2017, 03:11:35 PM
 #26

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?

we are still in the beginning of crypto currency revolution. 500% is a reason why they wont sell their btc, because they believe it can be more than that. So I think its just less than 5%. Its difficult to decide when you want to open a buy positon right now when the price are high, but its even more difficult to cash out when you buy it at low price.
Starting in bitcoin in the recent time we could notice the value of Bitcoin that it is quite costly and have a higher value compare before. So if people want to deal to start on Bitcoin they should consider on having a source of Bitcoin rather than to buy because it is much easier to earn bitcoin nowadays on signature campaign where you can also learn trading, investment that could be a part of your ways of earnings.

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August 28, 2017, 03:19:11 PM
 #27

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 case differs from person-to-person. While some are day traders and are happy with 10-20% profits. All they want is quick returns. Whereas some are periodic investors and keep Bitcoins for 5-6 months, they aim at 2x the invested amount. Next class is the class of holders popularly known as HODLERS. They are the one aiming at moon, I know some people hodling their BTC from 2013-14 and already made 1000% profits.
The last ultimate class is believers. These people never intend to sell owned Bitcoins.
So you can't categories all traders in single fragment, there is much diversification.
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August 28, 2017, 03:47:41 PM
 #28

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?

If I'm getting 500% of my initial investment then I will not hesitate to sell off my bitcoins for fiat conversion. I have my own agenda of investment and I'm here to make money so if that's profit for me then why not sell it. :-)

Well of course everyone is not like me and they might just wait for more profits in long terms. Some of them have that kind of potential. But for me this would be more than enough.


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August 28, 2017, 03:52:52 PM
 #29

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 case differs from person-to-person. While some are day traders and are happy with 10-20% profits. All they want is quick returns. Whereas some are periodic investors and keep Bitcoins for 5-6 months, they aim at 2x the invested amount. Next class is the class of holders popularly known as HODLERS. They are the one aiming at moon, I know some people hodling their BTC from 2013-14 and already made 1000% profits.
The last ultimate class is believers. These people never intend to sell owned Bitcoins.
So you can't categories all traders in single fragment, there is much diversification.
This is true because this thing would really be base depending on what kind of investor you are or trader you are because some would really sell out their coins on a specific price point which they are not longing for more years to come as long they saw they are gaining then sell off and buyback again on dips which is also a good way on earning bitcoin even more,sounds simple but its a hard thing to do for sure and this is why there are some who tends or decide to hold for long term.

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August 28, 2017, 04:08:09 PM
 #30

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?

500%? No one I guess, most people will take 100% profit from initial capital, moreover if someone could obtain more than that.
Because bitcoin prices like bubbles which mean it always fluctuate, after reach highest peak, its price will fall down to uncertain point.
That's why, selling bitcoin in order to get profit is a good choice, and we can buy back after bitcoin drop back.
But, I do not recommend to sell all of your bitcoins at once, because there is possibility the price will continue to rise.
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August 28, 2017, 04:27:54 PM
 #31

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 do you think would be the reason for resistance, tax? I think the only reason for them to resist is the fear of being taxed if it is too big in amount. And others maybe they want to save their bitcoin for future use of wait for a higher value.

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August 28, 2017, 04:30:29 PM
 #32

Selling off and getting back your originally investment is typically a prudent and smart choice, then, every time it doubles. You could miss out on some gains, yes, but possibly, you could miss out on a massive downturn and still be laughing all the way to the bank.

Xester
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August 28, 2017, 04:41:30 PM
 #33

Selling off and getting back your originally investment is typically a prudent and smart choice, then, every time it doubles. You could miss out on some gains, yes, but possibly, you could miss out on a massive downturn and still be laughing all the way to the bank.

And based on your statement many people, somwtimes have no time to even go and try other ways. I do not have those money but through bitcoin I was able to help my family with foods suitalbe for them.  But if there were emergency then I would gladly like to boot.
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August 28, 2017, 04:50:09 PM
 #34

I'm hold my absolute 0.5 coin for three years since I knew bitcoin although my friend already told me to sell all of them as soon as they reaching highest value on this year.
Of course being investor provide better profit compare trading but the risk are greater  !
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August 28, 2017, 05:14:24 PM
 #35

 A lot of people still holding up to this day have actually resist a lot of tempatation of selling that that 'huge profit' simply because of the following reasons

1. Some core guys are sure that when they get greedy and dislodge the whole of what they have, it then destroy everything that has been built if not enough people are involved to mop up the excess.

2. A lot of people are not carried away by that profit of now but the expectation that tomorrow can be better.

3. That great profit is a relative statement while some people have reached their own, others are still longing for it to come.




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August 28, 2017, 05:37:26 PM
 #36

I'm hold my absolute 0.5 coin for three years since I knew bitcoin although my friend already told me to sell all of them as soon as they reaching highest value on this year.
Of course being investor provide better profit compare trading but the risk are greater  !

0.5 isn't really a lot dude. Why not buy more? I really think prices will steadily grow in the next months and we might even see a new all time high again. Probably the prices will even pump to $10,000 before the year ends. So I think it is still not too late to buy some more bitcoins. A few days ago prices dropped from $4,400 to $3,800 and it just went back to $4,300 levels in no time. I think it will just continue to rise.
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August 28, 2017, 05:42:13 PM
 #37

I'm hold my absolute 0.5 coin for three years since I knew bitcoin although my friend already told me to sell all of them as soon as they reaching highest value on this year.
Of course being investor provide better profit compare trading but the risk are greater  !

0.5 isn't really a lot dude. Why not buy more? I really think prices will steadily grow in the next months and we might even see a new all time high again. Probably the prices will even pump to $10,000 before the year ends. So I think it is still not too late to buy some more bitcoins. A few days ago prices dropped from $4,400 to $3,800 and it just went back to $4,300 levels in no time. I think it will just continue to rise.
with respect to all the forecasts that sounded Until today, I had very, very conflicting relationships, but the fact is that almost all of these predictions were made And I think that the relationship is 10,000 dollars for Bitcoin, this forecast will also be implemented. I am the same user as everyone else, and I wish good luck to all of us in the future.
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August 28, 2017, 10:10:12 PM
 #38

I do not think many people will refuse to sell the bitcoin they have just to get a big profit. most people see continued bitcoin price movements, if they have an increase they want, surely they will sell their bitcoin. Maybe just some people who continue to hold the bitcoin they have because they have a goal for the future.
People don’t just refuse, there is only the clash in profit ratio. What they want from their saving and what is the current situation that conflicts and they don’t want to sell at that time. Many people are just waiting for the time to sell, when prices are high and they just get average profit. Some waits for huge profits.
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August 29, 2017, 02:55:49 AM
 #39

Who will reject such great profits?
I'm sure no one is so stupid, they have to wait for a long moment and can not happen twice.
Unless, he has certain information so he holds it for a long time.
I think it is greedy, such emotions will only bring regret. Continue to hope to get a lot of profits and ultimately get a loss.

                                                                               
                 
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August 29, 2017, 03:12:52 AM
 #40

Who will reject such great profits?
I'm sure no one is so stupid, they have to wait for a long moment and can not happen twice.
Unless, he has certain information so he holds it for a long time.
I think it is greedy, such emotions will only bring regret. Continue to hope to get a lot of profits and ultimately get a loss.

Yeah like the price is so tempting. Everyone are waiting for that moment to profited good so no wonder they will not grab it.Dont be too greedy, we all know that the price gives us a good return.
Well as for me if that happens, I sell half of my coins then hold again the another so if bitcoin will have again a major pump I have something to sell again. The profit to me will be very nice.
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