Is it good to sell at low prices ?

[trior]

I've been wandering if it is best for bitcoin (1) to be sold at low prices (to new people) .
Or (2) just sell when it's extremely profitable when it reach 1000$ ++.
Because if (1) it means more people in the community more bitcoins traffic more happy winners ... You get the point .
If (2) the winners here are only those who already got some bitcoins and hodling to them (less happy people) .

So what do you think ?

[smoothie]

No.

Buy low. Sell high. Very simple.

[Velkro]

No.

Buy low. Sell high. Very simple.

yup, totally agree, some people creating complicated theories, but in reality only important are this 2 simple rules above

[b¡tco¡n]

Look out for #1

[casinocoin]

No.

Buy low. Sell high. Very simple.

This usually works.. but I
Set a buy price and set a sell price. Honor them unless you truly believe you made a judgement error.

[trior]

No.

Buy low. Sell high. Very simple.

So nothing comes good from selling low out of courtesy?
Please help me understand . How can anyone new profit(buy) if everybody is holding?

[Singlebyte]

"Is it good to sell at a low price?"

It's definitely good.  In fact the lower the better.  You will make someone very happy!

[Xyver]

No.

Buy low. Sell high. Very simple.

Buy high, sell low, make up for it in volume.


...

[GenTarkin]

well, generally no, but who defines low?
For all we know we could be at the highest point Bitcoin will ever see again in its lifetime...

[beatljuice]

Maybe I should get sick for a while so that others can be well.

[Beliathon]

How do you know what is low and what is high? It's totally subjective, speculatory.

What if I were to tell you that at 5,000$ per, a Bitcoin would be extremely undervalued? You would say, "You're crazy, they are trading at under $500!", would you not?

[trior]

Excuse my newbieness

Ok I get it now , thanks Adrian-x.

low price = more sellers than buyers .
high price = more buyers than sellers .

So if someone new want to buy low he will find a lot of sellers . 
He just have to find them .

[jonald_fyookball]

I've been wandering if it is best for bitcoin (1) to be sold at low prices (to new people) .
Or (2) just sell when it's extremely profitable when it reach 1000$ ++.
Because if (1) it means more people in the community more bitcoins traffic more happy winners ... You get the point .
If (2) the winners here are only those who already got some bitcoins and hodling to them (less happy people) .

So what do you think ?

its not your job to make other speculators happy.  If you want to make more early adopters
happy, maybe you should give out some bitcoins (0.01)...start a blog and a youtube channel called
freebitcoins and make people post essays on why they deserve/want free coins

[Bit_Happy]

No.

Buy low. Sell high. Very simple.

So nothing comes good from selling low out of courtesy?
Please help me understand . How can anyone new profit(buy) if everybody is holding?

Everybody can buy now.
There is way too many people selling.

[franky1]

if your in profit (bought in below $400) then feel free to do what you like with yor profit.
but if you bought in at a higher price:
selling at a loss makes you a loser

[tins]

No.

Buy low. Sell high. Very simple.

Buy high, sell low, make up for it in volume.


...

Ha!
 

[elavenil]

It is good for Buyer. Bad for seller  .

[romang]

Ebay and paypal hate people to make money on cryptos

I was selling .01 litecoins for $2.99 at one time in jan2014

[J_Dubbs]

I'm selling off old equipment at a big loss from original purchase price (USD) and buying up Antminers at current rates (BTC). Mining equipment pricing is closely correlated with BTC value, demand for mining gear dries up when BTC is in the tank... Considering the tax situation, a purchase of a miner is treated the same as an exchange when using BTC; it's being spent and should be recorded at USD value with cost basis set at my old mining payout or BTC purchase price. My coins are worth less than when I mined them so by spending on equipment I'll have losses rather than gains on my purchasing activity. Getting all the old stuff out the door and new stuff in, might as well exchange at the bottom if acquiring mining gear, will also be spending less on electricity... Maybe I'm wrong, but 0.89BTC pricing for an Antminer is good enough for me to shed off old equipment at a loss to free up some power supplies for better hashing speeds and less electricity use. I've been buying up Ants while simultaneously trickling out old gear, trying not to flood the market with more than 1 auction at a time.

I'd say exchanging for mining equipment might be a good idea if you are already mining, but if you aren't mining I'd say skip it because the tax reporting is a nightmare.

[Onar]

No.

Buy low. Sell high. Very simple.

This usually works.. but I
Set a buy price and set a sell price. Honor them unless you truly believe you made a judgement error.

I think the trhead starter has a good point. His argument is regards to get new people into the bitcoin market, to achieve this they must be offered a low price. But many replies regards to earn as much money as possible to themselves. Then, yes buy at low price and sell on high is good for a individual. But this strategy will hurt bitcoin as a mainstream currency. Such strategies will just underline that it is not a currency but a commodity, and thereby not will be adopted by mainstream people.

But many speculate just for their own gain, and thereby desentralized philosophy and anarchy against the established just falls on the selfish gain. In general its not any better than a financial instiution, the difference is that htere is an individual that gain compared to a organisation.