CoinOn (OP)
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August 26, 2017, 01:11:16 AM Last edit: April 17, 2024, 04:05:12 AM by CoinOn |
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DaMut
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August 26, 2017, 01:31:48 AM |
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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
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orions.belt19
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August 26, 2017, 01:56:14 AM |
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I'm not sure about the percentage or number of people who does, but I think that there are many who choose to hold instead of selling their BTC. A lot of the Bitcoin users know the potential for Bitcoin to accrue, so I'm guessing that most would choose to keep their BTC in a secure wallet for the future. Though I think that a small percentage of people consider BTC as a daily income about 10-20% I guess, and they sell it on a regular basis so that they may spend on their daily expenses. There are those who rely on Bitcoin as a full-time job, so they really have to sell their BTC in order for them to spend.
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LindaQ
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August 26, 2017, 02:08:35 AM |
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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.
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sapnu
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August 26, 2017, 02:21:16 AM |
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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%? you are talking about number of people that can resist selling their Bitcoin at this moment where its price is high. It should be 100% and below. I think, the holders that can resist selling is about 40% and maybe they're the seniors because they know more about it. They are awared that there's more, that it will still increase than its current price. Even if its current market value is high they will still for a bigger price because it will give them a larger profit.
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CryptoBry
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August 26, 2017, 04:13:48 AM |
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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 is hard to say because individual circumstances can vary. Now, there are times when one has to let go of his/her Bitcoin because of a need or an emergency and there are those who will continually hold on to what they got because they know that soon Bitcoin can be crashing the moon. In other words, we are becoming like speculators. Hope that it won't really got bubbled up.
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Dude.Lebowski
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August 26, 2017, 05:45:27 AM |
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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?
Here’s the “problem”: Say you now have $20000000 equivilant in Bitcoin. There is no bank in the world that any sane person would trust that amount of money to. The only sane thing to do is 1. buy gold or 2. (much easier) keep the bitcoin. This is why most super wealthy bitcoin owners are not running to sell their bitcoin for bank money.
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Okay. The old man told me to take any rug in the house.
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Oilacris
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August 26, 2017, 05:57:56 AM |
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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?
Why would you need to know? Im sure no one would really able to give you exact percentage since no one knows on what prices on most bitcoin users they did purchase their bitcoin.Which means we wont know if they are holding purely or actively spend them on other ventures or purposes and no one would really have the time on checking wallet addresses who dont have any activities on the few years.
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ReindeerOnMe
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August 26, 2017, 06:43:34 AM |
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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?
No one can resist that kind of profits man. That is 500% profit, if I bought bitcoin for $5, and say I get a profit at the price of $500 every single coin, that will be a fortune. I will not waste any time and I will converting my coins into fiats.
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makishart
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August 26, 2017, 06:49:49 AM |
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Frankly speaking, none. I guess that you already know, people buying bitcoin because they expect the huge profits from it and repeats the same success to what many people have done. Maybe there's still some bagholders out there who think that the price could be even more higher, but they'll eventually sell all of their assets.
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Janation
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August 26, 2017, 06:51:34 AM |
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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?
I think there is still some people who will be holding their bitcoins. There are some people who are still waiting for more, so they will be waiting for a pump again, maybe they are aiming a 600% more. Also, there are still people who do not own that much bitcoin, who will be able to sell off their bitcoins if the equivalent of that is not that really much.
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3la9l_kolbaCa
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August 26, 2017, 06:54:11 AM |
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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.
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danherbias07
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August 26, 2017, 06:55:42 AM |
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Who knows. But with this large price of bitcoin then there just maybr a few. Have you seen altcoins turned to zero because of the big dump? If that is happening to bitcoin then this forum maybe dead too and we wont be talking with each other anymore. We know it is above 500% up now, it is way far from $350 when I first saw it.
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deadsilent
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August 26, 2017, 07:24:19 AM |
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There are some whales who are believers of bitcoin. They believe theres a future with bitcoin. That's why bitcoin is very strong. They are not looking for small profits. They are aiming for long term investments with high in return. They believe they can be billionaires if they hold this for a long time. It's hard though. The way bitcoin moves, it can easily move up to $10k for just a year.That's not impossible because we all know that there's no impossible to bitcoin. Bitcoin is a good investment and not just for pump and dump. Actually $4000+ a piece is quite tempting to sell. That's quick bucks. But many prefer hold it more longer to gain more profit.
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coin_1122
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August 26, 2017, 07:32:56 AM |
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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?
No one can resist that kind of profits man. That is 500% profit, if I bought bitcoin for $5, and say I get a profit at the price of $500 every single coin, that will be a fortune. I will not waste any time and I will converting my coins into fiats. I think it completely depends upon the Bitcoins they have because many people will wait for many years to get good returns on it. Many people will sell them at very cheap when they made 30% or 40% it completely depends on their needs.
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giffen
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August 26, 2017, 07:36:07 AM Last edit: August 26, 2017, 09:03:18 AM by giffen |
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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?
Here’s the “problem”: Say you now have $20000000 equivilant in Bitcoin. There is no bank in the world that any sane person would trust that amount of money to. The only sane thing to do is 1. buy gold or 2. (much easier) keep the bitcoin. This is why most super wealthy bitcoin owners are not running to sell their bitcoin for bank money. But you do not have to trust a bank. If you had this amount of money your best idea would be to diversify through different instruments:bank deposits, sovereign bonds, stock market, real business. Why would you risk holding all your wealth in one instrument instead? This is the riskiest scenario
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wantjokull
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August 26, 2017, 08:06:58 AM |
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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?
People are mostly holding now a days. Those who sell their btc are mostly noobs who think that price has increased and that's good time to sell for huge profits. But they don't think of the future, and do Panick selling most of the time. So there is no fixed percentage of people holding or selling but we can say that most of the people are trying to hold even at the highest price of bitcoin. The true investors know bitcoin is something more than the current rates.
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darkangel
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August 26, 2017, 08:53:21 AM |
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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
Many people will immediately sell bitcoin when they get huge profits. I believe 100% of that. First, they have the words, the money is important, the second if they can take another, or maybe the capital loss. No one expected that to happen. Few people reserve bitcoins as they rise above their expectations.
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filharvey
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August 26, 2017, 03:23:04 PM |
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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?
Only few people who know the true potential of bitcoin and who have followed its price movements would dare to hold bitcoins controlling their emotions even when bitcoin price rises high.They know very well that they should not get compromised with such profits,otherwise they would have to lose huge benefits in future.For this reason,they could be termed as strong hands and in contrast,people who sell in panic could be termed as weak hands.
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Superways
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August 27, 2017, 08:25:47 PM |
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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.
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