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Snub
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November 30, 2017, 01:50:33 PM |
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I will start selling my BTC in two cases
1 - if I will really need money
2 - if I will sell 70% of my BTC and it will be enough to buy a house:)
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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hasmukh_rawal
Copper Member
Full Member
 Offline
Activity: 490
Merit: 105
★777Coin.com★ Fun BTC Casino!
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November 30, 2017, 02:21:47 PM |
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The best thing to do in this situation would be to wait. Bitcoin has a large potential and it is nowhere to go. It will rise further more and it is upto you to decide whether you can be able to hold more or you want to encash some of it now. If there is a necessity for some cash then you should be withdrawing some of it now and hold the rest if not then just hold it as long as you can. Wait for BTC to cross $50000 and then decide whether to sell or not. I would hold it until $85000 as I believe it will achieve that target in a few years.
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RSM0103
Member
Offline
Activity: 269
Merit: 12
we're Radio, online!
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November 30, 2017, 02:54:56 PM |
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For me il decide to exchange it when its start to go down its price, atleast you have gained profit and wait for the maximum decrease of price of bitcoin and then buy it back and wait until it go up again.. That is Just for me but if you have good patience just hold your btc we have our own strategy anyways.
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Variogam
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November 30, 2017, 03:59:37 PM |
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Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
Just sell some of your Bitcoins whenever you need the money to buy something. Bitcoin is here to stay, no need to sell all and go away. |
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User365
Sr. Member
Offline
Activity: 434
Merit: 251
physics, mathematics and engineering
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November 30, 2017, 04:06:53 PM |
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Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?
Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
If you need something (f.e. a car) you should realize a share of your profit and keep the rest invested, if you don´t need something, don´t waste money. If you made already enormous profit with BTC, always keep in mind you should always split your investments into 3 parts for security (f.e. 33% crypto, 33% real estate, 33% stocks), so if you got a big share of your money invested into crypto because you made such huge profit, I would transfer at least a share to something else (at least another coin). |
[could be your ad]
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Zackgeno96
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November 30, 2017, 04:30:29 PM |
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Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?
Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
I will suggest you to hold the bitcoins for longer time and make more profit. If you have any important things to do or if you have any emergency then only liquidate the bitcoins. |
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william8829
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November 30, 2017, 04:40:55 PM |
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Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?
Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
I would say it depends on a couple of things. Do you need fiat right now? Do your beliefs mirror those of John McAfee(price reaching one million in the near future)? Do you consider other cryptocurrency competitors to Bitcoin? Do you believe cryptocurrency is a reliable market to hold hundreds of thousands of dollars? |
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Washball
Full Member
Offline
Activity: 266
Merit: 151
First crypto index traded as a token!
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November 30, 2017, 04:52:34 PM |
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What you should do is sell right away, because Bitcoin will drop to 5K. Get the profit and buy again when they're cheaper. Next year the price will go up again, so you could sell again and grab some more profit. After the next ath in March next year there will be another drop, time to buy again and wait for the following ath.
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sofi@
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November 30, 2017, 05:03:45 PM |
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Years ago? well that's really mean big profit for today that could mean millions in peso in my country, before the price of bitcoin was only $1200 then just this week it reaches $11000. If were in that position I will take my profit by selling them then start up my own business that will surely help me grow my earnings and established a good and stable life.
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Delos
Newbie
Offline
Activity: 88
Merit: 0
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November 30, 2017, 05:06:38 PM |
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I will say if you need some money now, sell 1 or 2.
The other 20 keep. No reason to sell now.
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DARKANGEL6415
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November 30, 2017, 06:21:22 PM |
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Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?
Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
Well first of all if you are burdened by 22 bitcoins feel free to send me some to relieve your stress lol. On a serious note you can do 3 things. First one, sell 1 bitcoin as this will civer the cost of those 22 and give you a profit. Second option, sell half and walk away with some massive profits. Third option is simply do nothing and assume bitcoin price will keep going higher leading to even more profits. |
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ardhigalau
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November 30, 2017, 06:42:45 PM |
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Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?
Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
All depends on your needs, if you still have a lot of money better hold your bitcoin for as long as possible. If you need money, just sell some of your bitcoins, and the rest can be considered for future investments. |
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cakedexact
Newbie
Offline
Activity: 7
Merit: 0
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December 01, 2017, 01:42:27 PM |
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Sit on it and read the market as you see fit and then dump them.
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xbl1008
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December 01, 2017, 01:47:24 PM |
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again this will depend on your risk taking assessment and to the level of your need if you need a house now why don't you spend some bitcoins? or rent a house and wait for your bitcoin to increase its price then spend it if you are satisfied in its price or you may trade it so you can increase the number of your bitcoins.
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laluna24
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December 01, 2017, 02:08:44 PM |
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Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?
Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
All depends on your needs, if you still have a lot of money better hold your bitcoin for as long as possible. If you need money, just sell some of your bitcoins, and the rest can be considered for future investments. I agree it is still depends, actually it is not in a problamatic situation. It is really depends on your needs it is either sell half of your btc or divide your investment. A final decision could really help you which you can get a benefit of it. |
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farhaan
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December 01, 2017, 03:00:02 PM |
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Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?
Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
First of all,it would be really a huge money when calculated today.I will not sell all of those bitcoins.I will sell just one or two bitcoins to enjoy a happy life and to increase my family's standard of living. But i would just hold the remaining 20 bitcoins since every one knows very well that this price is not the end point and bitcoin deserves more high prices than today's price. |
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BTCappu
Member
Offline
Activity: 516
Merit: 38
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December 02, 2017, 01:22:47 PM |
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Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?
Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
It is really up to you... but I would say on one side f you need money use it that is clear if you do not need it... do you beleive in this project? Then probably you wanna keep it. I don't need fiats right now so, yes, I think it's better to keep. I wish it to grow as much as possible ) One of the suggestions was to speculate with a couple of btc. It's reasonable but you must have a strong nervous system for that. It is always very profitable to hold bitcoin for a long time provided you don’t need cash on emergency. This is so nice that you are wise with your bitcoin and are not wasting them on valueless things. Bitcoin is definitely going to increase in value in the coming days. It is highly expected to cross 20,000 dollars by next year. Maximum profit could be gained with bitcoin simply by holding it for as long as you don’t reach your target. |
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levancov
Member
Offline
Activity: 124
Merit: 26
Money will be useful if you know where to put it
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December 02, 2017, 02:20:13 PM |
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Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?
Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
Half hold, the other half cast on the stock exchange. I did so 5 bitcoins, 5 on the stock exchange. As a result, now I have 8 hold, 5 on the stock exchange. |
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Duzenn
Member
Offline
Activity: 252
Merit: 10
The Experience Layer of the Decentralized Internet
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December 02, 2017, 02:28:47 PM |
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About two years of making money is one principle, when everyone else is thinking of a big jump, sell in time, and buy in time when others are desperate
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audaciousbeing
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December 02, 2017, 02:33:47 PM |
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Hey guys, I've decided to ask you - what whould you do in this problemmatic situation?
Suppose you have some bitcoins (let's say 22) and you bought them / got them a few years ago very cheap, and now you see it's price and.... what to do?!! Will you take the profit and go away, or sit and hold further? Suppose you're not going to buy more. But when to sell?
I personally don't see any dilemma at this moment and this issue is not only to someone who bought very cheap to have such amount but even someone who joined in last month is faced with such decision making decision. As humans ruled by greed, you will always want more and if you allow that should take over you, you won't even get to enjoy the good life you envisaged for entering into crytpo currency in the first place because price will keep increasing and you will want to wait the more. For me, the you don't need the whole 22btc if cashed out at once rather cash out as the needs arises with that you meet your daily needs conveniently and still take part of the future increase that might happen to price. Its as simple as that. |
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