Bolt Brownie
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February 09, 2018, 01:27:23 AM |
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have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it? This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
Don't take me wrong, but I think this shows how little knowledge you have about bitcoin, and probably even crypto in general. Although bitcoin is mainly used as a financial asset right now, and people just use it to trade like forex markets, the truth is that this is not the main goal of bitcoin, and the reason why it was created. Bitcoin was meant to be used as a form of payment. And not just a form of payment like paypal, or visa, etc. Bitcoin is suppose to become a decentralized currency (you can see it as digital gold, that is easy to use). So in theory, if things go well, true holders don't need to sell bitcoin for fiat, because they will be able to use it as a currency, and "trade it" for goods. Instead of paying with fiat, you should be able to pay with BTC.
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omfg.xekcep
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February 09, 2018, 01:32:37 AM |
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Personally I have a counted sum of money of which to me will necessary for me 10-20 years ahead. It $ digit is right only for flowing the my standard living. I want to earn this digit $. I won't work. So I try to keep the previous level of life in future with money from holds. Of course thats true only if I no change standard life. If will to conduct magnificent life this money will lost for several months. So I have bought some coins, tokens etc and hold for 1 year or more
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slapper
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February 09, 2018, 01:38:36 AM |
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Not actually a holder but I did not sell my bitcoin when it was about $10000. Then I managed and traded and got back about 30% (according to the number of bitcoin in my balance). And now, I will hold until bitcoin get back $12000 and I will have a big profit
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posi
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February 09, 2018, 02:39:06 AM |
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have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it? This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
Due to my past experience bitcoin always overcome every charge that come it way and it always find it way back to the top after every dip either. So, I have no exit strategy since I'm planning to quit or panic sell my holding.
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sallee2
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February 09, 2018, 02:44:25 AM |
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have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it? This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
I think that before you get involved in a project or you decide to keep a penny, you must always have a clear plan. When you invest you should find out how it is coin, there are applications, there is potential in the future or not. You will have your own plan for how long to keep and when to sell.
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cryptomoon1004
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February 09, 2018, 02:46:44 AM |
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I would take 20% off every time I make 100x from my current portfolio.
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nc50lc
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February 09, 2018, 05:31:06 AM |
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If you are serious on finding answers to your question, read this thread: Whats your exit strategy?The questions were the same, but the other topic has more elaborate replies. You can lock this thread then continue to read and ask questions to that thread.
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satria33
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February 09, 2018, 07:33:42 AM |
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have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it? This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
Hold does not mean it will continue forever, how we should be observant to see the market for the coins we hold, whether with hold we will be more profits, if not better sell.
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b3llsf1l3s
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February 10, 2018, 03:57:46 AM |
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have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it? This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
exit strategy, just get another way to earn profit, i do that way, when the price is dump, i just try to get another earning from bounty or airdrop. its an easy strategy to exit from stressed of being looking my coin dump (in this case i still HOLD). which means i just left my coin where i buy, no sell at lower price from i buy. After a few weeks, it have a chance 85% of my coin will rise again
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aoki231
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February 10, 2018, 03:59:51 AM |
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Everyone has there own limits. Even the most actove ones will artove at the time that they have alfeady reached their target profit and will eventually stop.
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xitrum
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February 10, 2018, 04:10:36 AM |
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have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it? This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
I think that in order to have projects that you can invest and keep long we have to find out very well and it will take a lot of time. We need to find out what the project has in the application practical, project development team including who, specific strategies in 2018 how. From that point we set out the concrete plan, how long it will hold it and when it will sell.
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AteenaD
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February 14, 2018, 12:34:37 PM |
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have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it? This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
Holding for me is setting up a time frame for a particular coin. Say about 5 years. Then forget about it. In between, i participate in some bounty campaigns in order to add some coins in my portfolio.
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Barbut
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February 14, 2018, 03:09:53 PM |
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I'm a bit holder, I have many altcoins that I hold for future rise. Yes I have exit strategies, when altcoin reach some top I sell and buy back again. Shortage of some kind, not planned, you can see that from my comments, I was buying ripple and iota for low price but when I saw it on x 5 iota I sold and I was fast, but with ripple I made a gret hit and I sold on top for 3.2$. Now I'm buying this altcoins again, and I have some others that I wait more then 6 months for some greater rise. That is my strategy and I'm going great for now, and it isn't hard to do it.
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Koadharber
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February 14, 2018, 03:26:28 PM |
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I'm a bit holder, I have many altcoins that I hold for future rise. Yes I have exit strategies, when altcoin reach some top I sell and buy back again. Shortage of some kind, not planned, you can see that from my comments, I was buying ripple and iota for low price but when I saw it on x 5 iota I sold and I was fast, but with ripple I made a gret hit and I sold on top for 3.2$. Now I'm buying this altcoins again, and I have some others that I wait more then 6 months for some greater rise. That is my strategy and I'm going great for now, and it isn't hard to do it.
Its just really on holders decision on when he would plan to exit as long we do make money then it should be fine but im sure we do have the common reason why we do hold up which is on having "PROFITS" or might have the hopes on getting rich on the coins we are holding. Exit would be on case to case basis either you are satisfied with the profits gained or just been part of your strategy on buy low sell high then buy back later.
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Dart18
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February 14, 2018, 03:35:01 PM |
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Well, just at almost 20k dollars and some of the holders might have already sold their coins. Maybe that is retirement for them and they are satisfied with the number. That is the exit. When you feel like it should be sold then do it. It is your coin and no one can stop you from doing it. The run for holding is for those who can just do it until they are satisfied with the value of it. You could pass it on with your children but most likely there will be a withdrawal that will happen.
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Aura
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February 14, 2018, 03:39:53 PM |
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I don't have an exit strategy, because I don't think that Bitcoin will die anytime soon. The majority of my coins are just for holding purposes but besides holding I also try to use them to pay for goods and services, whenever I can. It might feel different for people that bought Bitcoins when the price was $1000 but I got in around $100, so it doesn't really feel as a loss when the value halves.
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laylow
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February 14, 2018, 03:45:32 PM |
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I hold it just as a backup investment. I have fiat for everyday transactions
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mrcash02
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February 14, 2018, 05:25:45 PM |
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I follow some guidelines:
- Never sell most part of your coins; - Withdraw profit progressively; - Always buy when BTC price drops considerably; - Always sell after a high and fast increasement in price (taking in consideration the first guideline); - Don't become desperate if you have lost a nice profit opportunity; - NEVER panic selling!
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Aleister Crowley
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February 14, 2018, 05:44:36 PM |
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have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it? This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
lol, bitcoin will never die ,, doing bitcoin hold is one way for us to real wealth ,, we all already know that digital asset has become one of the motivations that we must hold firm and sure that bitcoin will continue to grow and not will never die
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Jorosss
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February 14, 2018, 05:59:19 PM |
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have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it? This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.
When bitcoin reach for at least 100k $ each, i think i will sell half of my coins when it comes. When i enter crypto currency, all i want is to make my life comfortable, i want to secured my future. The other half of my coins will exit when bitcoin reach 1million $ each. Its my plan.
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