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guoyu78
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September 01, 2017, 11:11:25 AM
 #41

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% profit is too much. Perhaps 50% people may resist selling their bitcoins even if they confront a profit of maybe 500%. It is a good profit and can really earn a good profit. The best way i can do it to remove some amount of bitcoins and keep some investing. It will help to recover my investment as well as i will be continuing with the profit with the increasing price .
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September 01, 2017, 12:06:28 PM
 #42

C'mon, who wouldn't want to sell off his bitcoins when he has made a reasonable profit from it.
It's very much unpredictable, so you might be thinking of holding it a little longer to get more profit, and suddenly the price will come crashing down like the walls of Jericho.
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September 01, 2017, 12:17:40 PM
 #43

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 can never be sure. But I think only 5 out of 100 people can hold their btc if they profited 500%. That is a huge amount already so I don't think majority of the holders can resist selling. And besides most of us here are traders and we know what traders do. Sell at highest and buy at lowest. Even I will really sell my btc if we came to that scenario but not all of my btc of course. Just a portion will do then wait for a much higher profit because we know that btc can offer more than 500% profit.

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September 01, 2017, 01:18:16 PM
 #44

That would be easy to resist if you know for a fact that bitcoin's value would be much more after a few years. Also, huge profits won't mean scrap if you wont reinvest it after you cashed-out.
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September 01, 2017, 01:22:39 PM
 #45

Some traders does sell away their bitcoin at certain price but I assume the main reason of selling away their bitcoins is because they are predicting the price of bitcoin will be dropping soon, and they are selling their bitcoin for profits before the price drops hard.

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September 01, 2017, 01:40:06 PM
 #46

What do you think contributes to the trading volume on exchanges? Of course plenty are raking in the profits - particularly those only selling bitcoins they've bought for the sole purpose of selling at a profit. They're the same people who buy back in when price inevitably drops, no matter how short that period may be. There's also miners who have to continuously sell off portions of coins to fund their operations.

Then there are those who are simply selling off tiny portions to realise profits, while holding on to their larger balances as BTC keeps rising. I think anyone owning more than 100 BTCs will have to find a way to cash out, whether diversifying out to other alts or slowly converting those to fiat.

It's the ones like me who maybe have something small that are holding out. Even then, we have bills to pay Smiley

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September 01, 2017, 01:43:52 PM
 #47

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?
Truthfully speaking i cannot really resist that urge, I have so far made a specific amount i wish to attain before i sell my bitcoins and make some good profits. Until i hit that set value i a staying put no matter what happens because i know that Bitcoin will continue rise for a very long time.

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September 01, 2017, 02:05:40 PM
 #48

Of course everyone is buying bitcoins to make some profits and i do resist to sell whenever i see the price has got raised even 15%.
Some traders may not be satisfied with less profit,they keep btc deposited for years so they can't resist selling prior to their target.

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September 01, 2017, 02:14:46 PM
 #49

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 do thing it is very impossible for one to resist sell their bitcoin especially after a seriously pump when you buy very low. Many of my trading friends also has the same problem and their find it very difficult to resist the temptation too. But from reddit I do read stories of buying and  Holding traders who even said they have never sell any of their coins since 2011 when bitcoin price is less than $100 till now and their have enough bitcoin that can taking care of the need till the end of time.
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September 01, 2017, 04:48:03 PM
 #50

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.

That's depends on the status of life of that person, maybe because he is in a desperate needs for cash or he have a family and he has no choice but to sell some coins for monthly allowance or he has a very bad gambling habit. I've been holding my btc for almost 2 years and I well sell till the price go up to 100 thousand and up. My father has a pretty decent job so I'm not in a hurry for money but I will monitor the price from time to time in order to not lose in the long run. Good luck to us holders.
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September 01, 2017, 04:54:34 PM
 #51

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.
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September 01, 2017, 05:43:24 PM
 #52

well for sure those who gonna sell their bitcoins for a huge profit is teenagers and those who are professional in this will not sell their bitcoins because of the huge profit and we all know that bitcoin has the potential of it,
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September 01, 2017, 05:50:09 PM
 #53

I think it all depends on how much your profit is in total, not in percentage..
When you invested 10 dollars and now you have 50 you have 500% profit.
But not many people would cash out I think.
But if you have invested 100K and you you reach 500K, that would be something a lot of people can spend the rest of their lives with.
Then I think many people would cash out.

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September 01, 2017, 06:14:10 PM
 #54

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?
None, because it wont happen Smiley BTC can go up to 50% or more, in this scenario only people who have tons of money already would resist selling bitcoin Smiley

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September 01, 2017, 06:20:26 PM
 #55

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?

As long as it's not mandatory and urgent, I never sell bitcoins for fiat money to spend in daily life. But, unfortunately, I sold some last days. The main target is still much above this current price. The news are talking about $50,000 within 5 years. 
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September 02, 2017, 04:38:55 AM
Last edit: September 02, 2017, 05:41:41 AM by iram1011
 #56

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?
Many traders will take a chance at this point by selling Bitcoin at ATH and then buying at drop. People who have invested for long term won't be much concerned about $5k price rise as price is set to rise in future as well. There are two type of Bitcoin investors, one who hold Bitcoin for long term and keep on buying more at dips and others are those who sell at high and then again buy at drop and keep on repeating the cycle and are able to earn more profit but with risk.
rivoke
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September 02, 2017, 04:42:31 AM
 #57

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.

Decide whenever you want to be a trader or investor before start to sell bitcoin
If you're being trader, you will sold and buy bitcoin in short term but remember the fact is bitcoin still volatile !
But if you select to be an investor, you will decide to sell bitcoin let say after 6 month , 1 year , or longer period since based on bitcoin graph, bitcoin value always increased year by year !
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September 02, 2017, 04:46:26 AM
 #58

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?


Well, there really cant be any concrete aswer to your question if you really are asking about total percentage. But what i can tell you is that most of the new comers will really do sell when they already see profit and would tend to panick when the prices drops bit. But the people who have been in the scene long enough would never sell their btc for such a small profit. Infact, i have even heard about oeople buying more instead of selling.
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September 02, 2017, 05:26:11 PM
 #59

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% profit is too much. Perhaps 50% people may resist selling their bitcoins even if they confront a profit of maybe 500%. It is a good profit and can really earn a good profit. The best way i can do it to remove some amount of bitcoins and keep some investing. It will help to recover my investment as well as i will be continuing with the profit with the increasing price .
Okay, if you can resist selling off your btc when there is a huge profit, then you won’t  be able to resist selling off when there is less or no profit  and ending up a loser. Confusing ?  lol.

I meant to say if you resist selling when there is a huge profit, then you will end up a loser,  because price might crash by the time you’re  ready to sell out.
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September 02, 2017, 07:23:46 PM
 #60

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!
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