LuanX3
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September 02, 2017, 07:59:23 PM |
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To be honest, none! Everybody wants to sell their bitcoins for profits! Who doesn't? It would be crazy to believe that someone will be willing to sell their bitcoins for losses. That's practically stupid to think that. If anyone has a chance to profit big time, for sure he will grab it quickly. Right now though, profits will be really good. But I think it would be better just in a few months.
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BerndBrot
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Activity: 7
Merit: 0
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September 02, 2017, 09:43:34 PM |
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Why would you sell the asset which makes you the most money. Sounds just dumb. I'm up like 2000% and i won't ever sell for fiat. In a few years you can buy everything with crypto anyway.
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diguyo
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September 02, 2017, 09:53:48 PM |
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I sold some once before, missed out on serious money over the coming weeks...never again.
HODL.
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zulkarnaen
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September 02, 2017, 10:21:15 PM |
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Why would you sell the asset which makes you the most money. Sounds just dumb. I'm up like 2000% and i won't ever sell for fiat. In a few years you can buy everything with crypto anyway.
I think you are right, with this currency we have a decent income and able to meet the cost of living needs and get a better economic change. there seems to be no reason to sell bitcoin because it has become a valuable asset and with bitcoin able to acquire a profits through trading and investment.
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chocolah29
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September 03, 2017, 03:38:04 AM |
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I sold some once before, missed out on serious money over the coming weeks...never again.
HODL.
We can't blame each other as the price is totally tempting. I also sold once before when it hits it ATH because I want to taste the moon and I think its not that bad to sell as I profited enough and I don't want to be too greedy. But now Im just HODling it for the future rise.
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eaLiTy
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September 03, 2017, 03:53:35 AM |
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Why would you sell the asset which makes you the most money. Sounds just dumb. I'm up like 2000% and i won't ever sell for fiat. In a few years you can buy everything with crypto anyway.
How do you evaluate dumbness,if someone is in profit then there is nothing that holds him back,if you are selling at marginal profit then i could call that dumb ,other than that there is nothing dumbness in selling off their coins and i am not a fan of offloading everything at once,but booking their profit is just how things work and if you are lucky you are able to get back at a lower rate.
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Yarsk
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September 03, 2017, 04:44:12 AM |
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Well I think is a matter of choice and conditions, whether to sell your bitcoin for a huge profit or to hold on to it. Because when you think about the future of bitcoin it will be hard for you to sell your holdings for huge profit like 500% as you said, because bitcoin will get to even 100% in few years from when you make that profit of 500%. So I will rather hold on to my coin except otherwise.
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hajimasan
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September 03, 2017, 05:03:49 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 don't think anyone can stop himself for such types profit of 500% because this is not a easy job for anyone to control ownself to sell and make profit at a better condition . Here i myself controlling much to do this thing . I bought Digibyte coin at price of 100 Satoshi and sold at 500 but not all the coins because i was sure that price will increase and successfully i made withdraw my investment only and waited until it reached to 2000 Satoshi and finally i made much profit . So here i can say that it is tough to control but still we can if we have greediness of making lots of money without risk. If any other person will be at my place then surely he will sekl his coins at that 500% but here i didn't because i was already ruch person and not thinking any negetive at that time with the profit of posw coin
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ss890
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September 03, 2017, 05:04:19 AM |
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To be honest, none! Everybody wants to sell their bitcoins for profits! Who doesn't? It would be crazy to believe that someone will be willing to sell their bitcoins for losses. That's practically stupid to think that. If anyone has a chance to profit big time, for sure he will grab it quickly. Right now though, profits will be really good. But I think it would be better just in a few months.
I don't think so everybody thinks like the way you are right now. People who have special investments that is who are just here to make fortune will never drop out so easily. They will just lock down their bitcoin forever and might just take more than 500% of profits. They won't break so easily because their ambitions are great. Even myself has not sold bitcoin yet even though the price was high and also it stated moving downwards. I know that price will go up than this and will get more than current profits. So just holding.
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abel1337
Legendary
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September 03, 2017, 05:08:59 AM |
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I know its very hard to resist if you can earn a huge profit from bitcoins. I am setting a target price of btc in order for me to sell my bitcoins into USD. That is my way to resist my sell when it comes to selling btc. I know I can earn a large amount of profit but if I hold and sell my btc into my target price I can earn more larger profit.
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AK47-
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September 03, 2017, 05:12:01 AM |
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That $5000 rally was indeed good for selling as a dip was expected which has already happened and Bitcoin is back to $4700, a better price to buy back again with profit already in the pockets. This is how trading is done. If you are saying selling off your Bitcoin holdings completely fir profit and not buying in dip again, then that would be stupidity unless the money is absolutely required.
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nkarm1
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September 03, 2017, 05:48:27 AM |
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I don't know how many can resist. But i think all those guys that ended up having regrets by selling their coins will never do it again. It all depends on the experience of the trader or hobbyist. For them, it's not resisting, but proper executions of their strategies and plans. A good trader will always have a target price for their profits and loss.
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noictib
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September 03, 2017, 05:55:21 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 here directly we can't say that anyone can stop or not to sell at high profit of about 400-500% profit because it depends upon the circumstances and conditions at that traderd tha what is going on in his whole trading job, whether he is making profit or loss from long and this time he is ready to ooss the profit or not and how much risk he can take , so all this tell exactly that at what price a person can sell his bitcoin . Here i myself was doing trading about from 3-4 years but in the starting if this year i seen that posw coin is a better option to buy but already i lost much in the last year so i invested a small amount ,And after tye investment at next day the price of the coin changed into 60%+ high , so i sold all because i don't want loss the opportunity to make thst small Amount of the profit but unfortunately after the sell ot 3 days that coin's price rises to about 2000% that was a totally sad moment for me .
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Nicol3
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September 03, 2017, 07:46:47 AM |
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I'm not sure if I get what you mean, are you trying to ask if how many people would sell out their bitcoin holdings if bitcoin reaches 500%? I think there would be some people who would sell them most especially to those who are really in need of money, that will be a blessing to them. But for those who have kept bitcoin over the years, I don't think they would likely sell their bitcoin and for sure they already made lots of profit so why would they sell it when you could profit even much more over the years? Think about it.
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deisik
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English ⬄ Russian Translation Services
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September 03, 2017, 10:53:14 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?
Obviously, that all depends And primarily it depends on how much you invested in Bitcoin. If you invested just dust, it won't make any particular difference if Bitcoin rose 50 or 500% since it will still be dust. Say, you bought 1 dollar worth of bitcoins and it surged 50 times. Now you have 50 dollars. Did Bitcoin make you rich and wealthy? I guess no. On the other hand, if you invested, say, 1,000 dollars, and now you can book profits like 50,000 dollars, it is a completely different matter. Therefore, not cashing out at least some part of your stash wouldn't be a very wise idea overall in that specific case
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Fortify
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Merit: 1194
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September 03, 2017, 10:57:43 AM |
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It makes perfect sense to cash out a bit of profit while bitcoin moves up in price, it depends how much you have invested in bitcoin. If you bought one bitcoin a couple years ago at $250, you could easily cash out 0.10 btc now - maintaining most of your investment while still doubling up on your initial investment. The bubble could burst at any time, always keep that in mind.
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R |
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Kurokonobasuke
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★777Coin.com★ Fun BTC Casino!
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September 03, 2017, 11:02:09 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's hard to tell the specific number of people who will sell their Bitcoin when the price is high or when their profit is already high. Maybe it will dpend on their situation and needs. If they need money and the price is already high, they'll surely sell it. I would say only 10%, for the simple reason that they will seek for more. If the profit is big enough, they wait for it to be bigger, as simple as that.
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Ewinsane
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September 04, 2017, 03:40:27 AM |
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I sold some once before, missed out on serious money over the coming weeks...never again.
HODL.
We can't blame each other as the price is totally tempting. I also sold once before when it hits it ATH because I want to taste the moon and I think its not that bad to sell as I profited enough and I don't want to be too greedy. But now Im just HODling it for the future rise. Maybe he means all those panic sellers out there who sees if they earned a little profit they gonna sell and high value of it, we cannot blame them with that because most of them are newbies. But we can see those big whales can really resist that even the price goes up and down they keep their money and profit in btc.
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DrGuns4Hands
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September 04, 2017, 04:31:03 AM |
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well you can't tell how many people holding their btc but as far as I know bitcoin holder with a small amount selling all their coins to get huge profits and then after that we'll going to wait till bitcoin price dump and then buy again at lowprice. sell high buy low. trading strategy. It's hard to resist when bitcoin price is so high you'll be tempted to sell it ASAP. just like i did.
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Dudeperfect
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September 04, 2017, 06:14:04 AM |
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Yep, I have some research behind my decision to invest in Bitcoin so as far as I am backing my research, I wouldn't sell my investment below my expected level. I would still hold my Bitcoins even if there is 500% profit if my long term goal is something different from it.
Yes, it is not easy to hold investment when you see tremendous profit but as an investor, one should be able to stand with his decision of investment as far as his research is relevant irrespective of the market behaviour.
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