Haxor321
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July 11, 2018, 03:01:48 PM |
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10 to 12 times profit is 14 years is OK. Then it stops as per normal trading in financial markets. Now stock markets will most likely see -30% fall.
$400 to $7000 in 4 years for bitcoin is 20 times profit. This could be the reason Bitcoin starts falling from $6,700.
When will you sell Bitcoins ??
Actually, to become easier for us to determine when are possible perfect and right time to sell our bitcoin we must need to set first the bracket or percentage we want to earn profit from it. It is better that we have a limit so we can easily making decisions without hesitations.
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joebrook
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July 11, 2018, 03:06:44 PM |
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Selling should be when price have appreciated from the entry price, giving some profit. For instance, with current price, some investors might not have made profit, so they have to still hold.
True most investors who bought Bitcoins when it was hovering around $10k are going to lose a lot of money if they decide to sell their bitcoins at this moment. They will have to be patient and hold and then proceed to sell when they have made enough profits.
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xamxam
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July 11, 2018, 03:07:53 PM |
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Well, I will sell my bitcoin when I need a cash and emergency purpose only, because I can hold my bitcoin as long as I can and i also have other job and my salary is enough for me to use in my expenses and besides the price of bitcoin now is not good for selling that is why we need to think first before we sell our bitcoin too.
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worle1bm
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July 11, 2018, 03:09:12 PM |
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10 to 12 times profit is 14 years is OK. Then it stops as per normal trading in financial markets. Now stock markets will most likely see -30% fall.
$400 to $7000 in 4 years for bitcoin is 20 times profit. This could be the reason Bitcoin starts falling from $6,700.
When will you sell Bitcoins ??
Most of the time i do not sell my bitcoins but when i am in financial need of money and i don't have any option i sell a part of hard earned btc to convert it into fiat and cover my expenses.There are most of the shops or agencies which still didn't accept btc as payment so we need cash for that purposes.But most of the time i hodl my coins and gain profit when prices boost again.
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franss
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July 11, 2018, 03:10:16 PM |
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When will you sell Bitcoins ??
When I need it, because for me bitcoin is a long-term asset and never panics with significant price reductions
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Btcnaivie
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July 11, 2018, 03:10:57 PM |
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10 to 12 times profit is 14 years is OK. Then it stops as per normal trading in financial markets. Now stock markets will most likely see -30% fall.
$400 to $7000 in 4 years for bitcoin is 20 times profit. This could be the reason Bitcoin starts falling from $6,700.
When will you sell Bitcoins ??
Well it depends on you mate. If you are a day trader, you can sell your bitcoin even if you can earn a small amount as long as your capital investment earned. But in this situation, very high risk to invest in bitcoin because the fundamental and technical is very bad.
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Al-e_x
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July 11, 2018, 03:11:33 PM |
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when I sell bitcoin?
of course I will sell bitcoin when the market is bullish, selling bitcoin today will only make me get a bad day. even to buy rice box just is not enough.
at least I get a 30% profit from my investment. how your opinion? is my percentage is very big or not ?
I think that's enough, because looking at the market supply and market growth today.
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Reid
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July 11, 2018, 03:14:22 PM |
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The question that had been getting harder to tell whenever a big fluctuation happens. If there are more buyers at the 5 digit value in USD then they would still be looking for ROI means a lot of holders as of now and also the faithful ones. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) My own opinion? To sell? I dont really think much about it. I have my job and it gives for my necessities. I really want to see bitcoin being used at any store but with a better price also to stretch the number of items I can buy with the amount of bitcoin that I have.
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Philcris
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July 11, 2018, 03:16:08 PM |
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when the bitcoin price rise i will sell my bitcoins so i can get more profit and money
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burky156
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July 11, 2018, 03:17:41 PM |
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I am not going to sell me bitcoins. I don't think that it will drop again. The BTC made his free fall last year $20k to $7k.. I would not say that there would be another fall. So i am BTC saver, wait for the rise. I would recommend you to not sell..
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Vineeta2oct
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July 11, 2018, 03:18:50 PM |
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Crypto is still new and people are not yet acquainted with it. When more people will know about it, more people will use it. Since its no is fixed, its price will increase and it can go well beyond 20000$. That's when I'll sell my bitcoins.
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Vineeta2october
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July 11, 2018, 03:19:06 PM |
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There are many startegies people follow in crypto world. Some are long term holder, Some trade intraday, Some trade weekly/Monthly
Let's understand different Scenarios.
1- It depends on your mindset, if you have bought earlier and satisfied with the profit, you can sell it now.
2- If you believe in crypto world and understand the technology , you must hold it for long and diversify your money into many different cryptocurrencies having good technical background like Ethereum and Ripple
3- If you want to trade, buy when it goes down and sell when it goes up. Repeat it everytime you might earn good profit.
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jake zyrus
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July 11, 2018, 03:27:07 PM |
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I will sell my Bitcoin when its price is back to $ 20,000.
Because this is the price when I bought and dropped its price. So now I still buy a lot of bitcoins so my profit is bigger when it comes back to its previous price
I will also sell my bitcoin if the price is back at $20,000 or it will surpass that price. As of now the price of bitcoin is on the down of a hill so that I think I will not sell it and I will just hold it. I also still keep on buying bitcoin and then I will hold and afterwards I will sell it so that I could gain good income.
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Cheezesus
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July 11, 2018, 03:29:19 PM |
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It really depends on the situation. If I really need the money i will sell it, and if i don't need it for some "wants" i will hold it till i make a profit. But in some situations for example (this is a "want" not a need)i find a nice deal on mountain bike part/s i will sell some so that i can impulse buy. Sometimes you gotta have some ground rule. I have a ground rule, for example this is the amount of your bitcoin let say 1 btc, i will add 20-30% increase if it increases that much i will withdraw it and if it decrease in like 20-30% i will definitely withdraw it without having second thoughts. But yeah i'm a impulse buyer sometimes so i withdraw whenever i see some really good deals.
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dankboner83
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July 11, 2018, 03:29:26 PM |
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I will never sell. Keep them for decades. Unless I find an absolutely necessary reason that I have to sell and cash out some to spend.
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batang_bitcoin
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July 11, 2018, 03:32:35 PM |
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When will you sell Bitcoins ??
I'm only selling if there's a need of doing so but if I don't have any immediate need to sell, I won't sell until I can endure the markets drop so I'll keep on holding. I will never sell. Keep them for decades.
Never sell? don't say that, it's impossible for someone to "never" sell his bitcoins. We have to sell and use it, spend it for something that we need so we can add to the adoption.
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Rent this sig space so that BTC goes to $100k.
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H4hire
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July 11, 2018, 03:32:56 PM |
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10 to 12 times profit is 14 years is OK. Then it stops as per normal trading in financial markets. Now stock markets will most likely see -30% fall.
$400 to $7000 in 4 years for bitcoin is 20 times profit. This could be the reason Bitcoin starts falling from $6,700.
When will you sell Bitcoins ??
i am in it for the long run, I believe in bitcoin long term and think in 5 years the situation will be incredible. you should sell some maybe to recoup losses after this horrible bear market but im not looking to sell any time soon, i believe there is huge future potential
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JMorrison
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July 11, 2018, 03:33:31 PM |
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If I were you I'd invest it in a cryptobank like Baanx or Binance or any of the major cryptobanks, then you wont have to worry about it's price drop
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virendarnagpal
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July 11, 2018, 03:36:03 PM |
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Target to sell bitcoin will be different for different people. Suppose one person buys bitcoin few years back @200$ per bitcoin. At current market price he if decides to sell will still earn several times more than his initial investment. Now one person bought one btc @ say 15k last year and missed to book profit later when the price touched even +20k. If he decides to sell he will have to suffer big loss. So he may be deciding to hold and wait for the price to again touch higher levels.
So we can not generalize this issue.
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Nakakapagpabagabag
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July 11, 2018, 03:41:42 PM |
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When will you sell Bitcoins ??
When I need it, because for me bitcoin is a long-term asset and never panics with significant price reductions Thats right. Its depends on the owner and the situations. If you really need the money, then go sell it, but if you just wanted to sell it because of the price drops f bitcoin, i think you'll regret it later, because bitcoin will increase again later, it wont die because it dont have competitor. Patiencw is what you need when you're investing on bitcoin.
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