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[Sled]

If that bitcoin user knows the potential of bitcoin in the future and if he has a solid plan for his bitcoins then resisting for selling bitcoin for a huge profit is a very easy thing to do because if you have a strong foundation of your plan then there is nothing that can break through your words and you will stay to your plan until you reach it.

[lili song]

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've played bitcoin over 3 years and I can made up to 20x times from initial deposit
Example : I've invest Rp 3 million and now bitcoin worth for Rp 60 million which is insane for me as investation that able beat gold for sure

[jonatuzc]

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.

I somehow agree with you but what I think is that he is trying to ask how much we care about our bitcoins. Do we love bitcoins or the profit they give us? If someone offers us good amount, we are going to sell our bitcoins or will keep them in wallets to have more profits? Different people will react according to their financial statuses.

[syaripudin]

I do not think about the percentage of people holding bitcoin longer. I think there are many people waiting for the moment where to sell and when to buy. Unless people really have an edge for financial problems of course anything they can do with bitcoin that they have and can they keep it until whenever. But other things with people who make bitcoin as their livelihood to meet the economic collapse.tentu they prefer to sell it.

[ModGirl]

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.

Of course, Holding is what you need to do in order to earn more. But this is all what depends on how good you are in keeping patience and getting your emotions under control. If you will decide in a hurry or will not think sensibly, probably a day will come when you will regret on what all you had in your past.

[error08]

If my coins portfolio already get 500% profits, there is no reason to hold until the prices get corrected obviously. I will sell my coins at the peak to maximize profits and buy back when it dips. Holding is a good thing, but sell and buy back is better way to doubled my coins I guess.
But, the problem is; so hard to determine when the right time to sell, and whether the prices will go down even further or start to bounce.

[Kriptex]

If my coins portfolio already get 500% profits, there is no reason to hold until the prices get corrected obviously. I will sell my coins at the peak to maximize profits and buy back when it dips. Holding is a good thing, but sell and buy back is better way to doubled my coins I guess.
But, the problem is; so hard to determine when the right time to sell, and whether the prices will go down even further or start to bounce.

Nice return, but I couldn't make any profit from Btc. That's why I have to keep them more and more time to see a profit. For people already got profit from Btc, it's easy to sell their bitcoins to realize profit.

[iyan33]

If my coins portfolio already get 500% profits, there is no reason to hold until the prices get corrected obviously. I will sell my coins at the peak to maximize profits and buy back when it dips. Holding is a good thing, but sell and buy back is better way to doubled my coins I guess.
But, the problem is; so hard to determine when the right time to sell, and whether the prices will go down even further or start to bounce.

so far bitcoin prices are hard to predict and do not know exactly what will happen to bitcoin, but I think if you think of time to sell bitcoin of course when the price is high and has reached the target profit in the set

[machinek20]

I only will sell it if I need money to spend, 500% profit will not make me rush to sell my coin, because I know bitcoin price constantly go up, why should I sell if I know in the future I can get 700% of profit

[joganuts]

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.

Yes actually there is a lot room for Bitcoin development and growth. So if people want to earn more and to have bigger profit in the future they've must consider on dealing with transactions and holding with the right time and right decision so they could earn more and they cod have more profit.

[Flodemaga]

I did found people wich has over 100 and 1000 bitcoins and they bought those under 200 dollars, and soo far they had been able to resist all this period to sell their coins, they said they will sell part of their coins when bitcoin reach 10000 dollars, but wont sell all, because they believe into bitcoin potencial and there is much more to bitcoin then we have now. Im trying to follow the same strong hand to control the wishes to sell for an instant profit.

[Sled]

I did found people wich has over 100 and 1000 bitcoins and they bought those under 200 dollars, and soo far they had been able to resist all this period to sell their coins, they said they will sell part of their coins when bitcoin reach 10000 dollars, but wont sell all, because they believe into bitcoin potencial and there is much more to bitcoin then we have now. Im trying to follow the same strong hand to control the wishes to sell for an instant profit.

It is very easy to not sell for a huge profits if you have a lot of bitcoin because you already know the system of bitcoin which pumps after a few years and it can increase up to 200% in just a year so they are not panicking for having a lot of bitcoins and instead they are now planning for their selling points but for sure they will not sell it all at one price.

[deisik]

I did found people wich has over 100 and 1000 bitcoins and they bought those under 200 dollars, and soo far they had been able to resist all this period to sell their coins, they said they will sell part of their coins when bitcoin reach 10000 dollars, but wont sell all, because they believe into bitcoin potencial and there is much more to bitcoin then we have now. Im trying to follow the same strong hand to control the wishes to sell for an instant profit

These must be very rich people

Unless you thought them straight out of your ass, of course. As to me, if you invested the best part of your capital in something (say, Bitcoin), and it has shown really terrific growth (like Bitcoin did), it is bordering on insanity not to book at least some profits. Simply because so fast growth may quickly turn into as fast fall. Indeed, if you in fact invested some small percentage of your whole wealth, you can wait indefinitely long, but then again once the profits become noticeable, it may be the right time to fix them (some part thereof)

[ObscurePen]

A few can resist that temptation, because they know that the price of Bitcoin is going to continue in an upward trend in the long-term. And who would not want to make more money? But in reality many people would sell off their Bitcoin at a price hype. These people have either not seen the graph of Bitcoin or they want to make money quickly. In other words, they cannot wait for another year or so. And since Bitcoin’s price is extremely volatile and unpredictable in the short term, it would make sense to sell your Bitcoin, when the price is high rather than facing with a lower price tomorrow.

[el kaka22]

If that bitcoin user knows the potential of bitcoin in the future and if he has a solid plan for his bitcoins then resisting for selling bitcoin for a huge profit is a very easy thing to do because if you have a strong foundation of your plan then there is nothing that can break through your words and you will stay to your plan until you reach it.

Yes, I think no one else can force or resist anyone not to sell their very own thing even If it will give them profit in a longer run but only the person himself. Everyone has a mind to think. I think no one will take a wrong decision with the best of knowledge they have. All you can do is suggest what you think is better, nothing more than this.

[Kemarit]

If that bitcoin user knows the potential of bitcoin in the future and if he has a solid plan for his bitcoins then resisting for selling bitcoin for a huge profit is a very easy thing to do because if you have a strong foundation of your plan then there is nothing that can break through your words and you will stay to your plan until you reach it.

Yes, I think no one else can force or resist anyone not to sell their very own thing even If it will give them profit in a longer run but only the person himself. Everyone has a mind to think. I think no one will take a wrong decision with the best of knowledge they have. All you can do is suggest what you think is better, nothing more than this.

If you think that you are making the correct decision on selling off your bitcoin, just do it. There are no right or wrong because its you that decided your faith already when you sold. So you might not as well regret your decision when you look back. We can suggest to them that's its better to hold, but if they already made up their mind so its all good I guess. Like what happened when you briefly touches $5000, a lot of traders can't resist the price and sold off some of their stash. That is why $5000 is the new mental barrier that have been set because its really tempting to cash out and enjoy your huge payday.

[malikusama]

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?

In past this percentage was too low as many people sell their bitcoin savings as soon as the price goes high, but with the passage of time people began to realize that holding is more beneficial than to sell. To be honest no one knows the exact percentage of the people who can resist selling their BTC on huge profit but i am sure that the percentage is increased a lot (may be about 500% but not sure) during the past couple of years.

[Palodar]

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?

In past this percentage was too low as many people sell their bitcoin savings as soon as the price goes high, but with the passage of time people began to realize that holding is more beneficial than to sell. To be honest no one knows the exact percentage of the people who can resist selling their BTC on huge profit but i am sure that the percentage is increased a lot (may be about 500% but not sure) during the past couple of years.

It's been proven as time passed by, is value can really increase. For those who are really into saving then we can really resist cashing out.  But if were into spending when it's value increases we are tempted to spend it.

[justdimin]

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?

In past this percentage was too low as many people sell their bitcoin savings as soon as the price goes high, but with the passage of time people began to realize that holding is more beneficial than to sell. To be honest no one knows the exact percentage of the people who can resist selling their BTC on huge profit but i am sure that the percentage is increased a lot (may be about 500% but not sure) during the past couple of years.

It's been proven as time passed by, is value can really increase. For those who are really into saving then we can really resist cashing out.  But if were into spending when it's value increases we are tempted to spend it.

Yeah. It very much depends on the nature of the investor. If he is kind of person who wastes money a lot then he can of course not resist cashing out bitcoins when they show some good pumps but wise man is never ever going to withdraw maximum bitcoins on little pumps. He is going to wait until bitcoins touch his target.

[jvdp]

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?

In past this percentage was too low as many people sell their bitcoin savings as soon as the price goes high, but with the passage of time people began to realize that holding is more beneficial than to sell. To be honest no one knows the exact percentage of the people who can resist selling their BTC on huge profit but i am sure that the percentage is increased a lot (may be about 500% but not sure) during the past couple of years.

It's been proven as time passed by, is value can really increase. For those who are really into saving then we can really resist cashing out.  But if were into spending when it's value increases we are tempted to spend it.

Yeah. It very much depends on the nature of the investor. If he is kind of person who wastes money a lot then he can of course not resist cashing out bitcoins when they show some good pumps but wise man is never ever going to withdraw maximum bitcoins on little pumps. He is going to wait until bitcoins touch his target.

Yes of course. The price of bitcoin is around 4250$.Every investor only cash out dollar only they want money in emergency. You will get huge profit only if the price of bitcoin reaches the moon or peak.It very hard to brought a Bitcoin in future. But it's possible to keep the bitcoin coin.