Kong Hey Pakboy
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January 22, 2021, 06:08:35 AM |
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I expect to sell at half of them to spend for real needs
I also sell my cryptocurrencies when I need money or for my necessities because it would be pathetic if I will only sell my cryptos while their price is continuously increasing that I will be wasting the opportunity of getting a much higher chance of getting a considerable amount of profit. But if you think that it will be the peak price of the coin that you are holding, it might be alright to sell it because you are still able to gain profit.
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3meek
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January 22, 2021, 07:04:18 AM |
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Of course I will sell all my coins IF a bull market happens! I think some of them can pump even better than bitcoin, because the printed Tether will start flowing into altcoins, and then we will see exactly the same show as with bitcoin!
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Kocret02
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January 23, 2021, 03:17:19 PM |
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I won't miss the bull run, I'll keep selling but maybe only 70% of all my assets. then I will save it until the price of the bull run in the next period. this is a good move in my opinion because we still have savings
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skarais
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January 23, 2021, 03:56:59 PM |
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I won't miss the bull run, I'll keep selling but maybe only 70% of all my assets. then I will save it until the price of the bull run in the next period. this is a good move in my opinion because we still have savings
You can still sell all the assets you own and wait for the price to down lower to buy back. Due to price fluctuation, you can do it but only if you are not in a hurry. If profit is what we are looking for, then it is only natural that we sell all the asset we have when the bull market come. I will also do the same as most of the people here because the bull market is the best momentum to get maximum profit. If some of us believe in the potential for higher future price increases, perhaps holding an asset is an option. But if it's me, the best momentum to secure profit is when the profit has reached 30% -100% of the total capital we use.
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DeathAngel
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January 23, 2021, 08:19:28 PM |
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You should never sell all your bitcoin in any bull market. Sell some, keep some, it’s simple really. Always be prepared to buy some back in a bear market too.
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kapalmabur
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January 23, 2021, 11:22:28 PM |
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You should never sell all your bitcoin in any bull market. Sell some, keep some, it’s simple really. Always be prepared to buy some back in a bear market too.
in the bull market, of course, everything has to be sold, because that's a good moment, if you wait for another bullishness and when you are bearish you are still holding the Bitcoin that you have bought at a high price, obviously that's very unfortunate, it's better to sell at a high price and buy back when low prices occur, that's a good strategy.
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STT
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January 25, 2021, 02:01:25 PM |
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No dont sell all, the bull market for Bitcoin is over a decade now. Even if you had the worst timing you will gain from constant involvement in such a bullish asset. To sell all then is the failure to recognise this new section in the economy, the majority of the world isnt involved yet and if somehow its as applicable as home computing, shopping etc. has become in a main part of economy from zero in the last century then there is more growth to come. Of course its not without risk, I wouldnt argue never sell any because an average person has bills but most can surely retain at least some BTC and that would seem best looking back and very likely going forward.
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WoopDeBoop
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February 08, 2021, 05:56:00 AM |
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I have not sold anything still waiting for pump more
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STT
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February 08, 2021, 07:13:58 AM |
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Makes little sense to sell into a bull market unless you have debts elsewhere then by all means of course take care to raise your security by reducing liabilities past, present and future thats reasonable expenditure. If you have money to invest and are lucky enough to be placed within a bull market then stay there with some stop loss on a partial amount is arguable, I think thats where people struggle and its all or nothing which leads to trouble but always repay any debt especially after gains in one area.
From what I can see we remain within an uptrend though its pulled back quite alot its not especially compromised long term. Trading wise many like to over extend then sell as a trade and thats fair of course though more risky then holding spare cash in a growth area like BTC.
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KennyR
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February 08, 2021, 10:57:09 AM |
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At the present market situation I would've sold everything. This is not by plan, due to situation. The covid-19 shutdown has made a great impact over the living. This has caused drastic changes, and the same made me sell the holdings to meet life needs. Somehow the market was bullish when most of the market were in the declining trend. This has caused me sell bitcoin with happiness than hesitation.
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peter0425
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February 08, 2021, 11:39:04 AM |
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Many people are waiting for the market recovery to sell their coins but I bet you,as soon as market recovers ,they will feel reluctant to sell.
i already Did and what's the twist ? i already Bought back recently .now my funds is 30% up than last year. I have not sold anything still waiting for pump more or you really have nothing to sell? You should never sell all your bitcoin in any bull market. Sell some, keep some, it’s simple really. Always be prepared to buy some back in a bear market too.
If you are already profited more than 200% then you can sell them all when bull comes and may buy back or risk not buying until the fall happens.
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Hawaii2020
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February 08, 2021, 01:03:30 PM |
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Its very bad decision to sell ALL Bitcoin because you cannot know what happens. The only truth is no1 knows if we are at start of huge bullrun or if bear market comes soon. Nobody knows the risks of Tether and other "stablecoins". Nobody knows the risk of real world crash for USD and EURO.
Michael Saylor said if you need money just lend your Bitcoin to a Bank. That way you also dont pay tax. That is probably the best strategy but same applies. Never lend out ALL your Bitcoin!
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arufox
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February 08, 2021, 05:37:19 PM |
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Many people are waiting for the market recovery to sell their coins but I bet you,as soon as market recovers ,they will feel reluctant to sell.
Of course, bull market it's time to sell, and bear market is time to buy. If you don't sell in the bull market you will regret it, but the question is when?? Which bull, many people think that this is the bull market and this is the best for selling, but the price keeps increasing.. No one knows when the real bull market happen, so always be grateful
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BuNga_cute
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February 08, 2021, 09:33:59 PM |
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Now almost all coins have gone up, following the Bitcoin price which managed to reach the new ATH price. But I decided not to sell all the coins I had, I would only sell some of the coins I had. Because I still believe the bull market will continue until the end of 2021. So I don't want to be regret for selling my coins too quickly, after all, I don't have an urgent need to sell the coins I have.
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passwordnow
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February 08, 2021, 11:46:07 PM |
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At the present market situation I would've sold everything. This is not by plan, due to situation. The covid-19 shutdown has made a great impact over the living. This has caused drastic changes, and the same made me sell the holdings to meet life needs. Somehow the market was bullish when most of the market were in the declining trend. This has caused me sell bitcoin with happiness than hesitation.
Good answer. If the situation of yours is that bad, you have the option to use it and sell everything. But don't do that, if you can still keep some and leave a remaining bitcoin for your future holds, it's the better thing that you can do. Yes, the price seems to be high and favorable to sell right now. You take the profit but it's already proven that the longer it goes, there will be more price hikes for bitcoin and I'm sure that you don't want to miss that, I'm telling it because I've learned from my mistake.
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Finestream
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February 11, 2021, 11:08:32 PM |
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Now almost all coins have gone up, following the Bitcoin price which managed to reach the new ATH price. But I decided not to sell all the coins I had, I would only sell some of the coins I had.
Do it if you are strong with holding long term, otherwise you might regret if the price will suddenly dump and the correction will continue. This is the trend of the market, it pump and then it dump, just be at the right timing. Because I still believe the bull market will continue until the end of 2021.
That's 10% chance based on the history of bitcoin, in the past bull run, it only take 3 months at max before the price starts to correct. So I don't want to be regret for selling my coins too quickly, after all, I don't have an urgent need to sell the coins I have.
it's up to you but also think the other possibilities, I guess it could also make you regret.
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rhodelmabanal
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February 12, 2021, 05:26:22 AM |
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Now almost all coins have gone up, following the Bitcoin price which managed to reach the new ATH price. But I decided not to sell all the coins I had, I would only sell some of the coins I had.
Do it if you are strong with holding long term, otherwise you might regret if the price will suddenly dump and the correction will continue. This is the trend of the market, it pump and then it dump, just be at the right timing. Because I still believe the bull market will continue until the end of 2021.
That's 10% chance based on the history of bitcoin, in the past bull run, it only take 3 months at max before the price starts to correct. So I don't want to be regret for selling my coins too quickly, after all, I don't have an urgent need to sell the coins I have.
it's up to you but also think the other possibilities, I guess it could also make you regret. I think bull market is a great time for selling, if you buy the coin in dip and you still hold it in this bull market maybe you now earning a big amount of profit, you need to decide to still hold or sell but for me i will choose to sell if i see that i gain a profit already. We need not to be greedy and control our emotions because the crypto market is always unstable and we dont know when will be the price rise or fall if we are on bull market today there is a great posibility that there would be a dip next to it so we need to be careful.
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WoopDeBoop
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February 15, 2021, 07:01:18 AM |
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I survived two big falls and everything still ok
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WoopDeBoop
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February 15, 2021, 07:15:45 AM |
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I can always sell a bit but what if it grow more than it's a quite risky game
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