Dump or long term goals? - page 4. | Bitcointalksearch.org

ultrloa

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Quote from: DeathAngel on October 07, 2016, 05:37:52 AM

Quote from: Xenophoto on October 07, 2016, 03:22:45 AM

Definitely do long term goals. Bitcoin will rise over time and if you really want to earn some good amount of profit, then you'll have to wait for a long time. Dumping today might make some profit to you but it's not as much as you'd earn when you wait for years.

But if an emergency comes, you should have some Bitcoins reserve for that so not all of your Bitcoins will be gone and all of the time that you waited will just go to waste.

Agree with all of this, day trading is a fools game. The only way to make serious money in bitcoin now for the amateur guy is to HODL & wait for a significant price increase.

We can't blame them if they sell their coins maybe they are been satisfied for the little result and little profits but i think it cannot effect the price if they are just a small chicken on that basket, but if they are big holders well provably selling all they've got is the baddest thing they could do since they can make the price breaks, but really if they believe the bitcoins legacy i think its better to hold this coin for more longer years since the price has high chance to regain like on what happen back on 2013,

Zadicar

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Quote from: 1Referee on October 07, 2016, 04:00:59 AM

Quote from: newcoins1978 on October 07, 2016, 03:53:23 AM

I find dumping or day to day trading a bad strategy for making money. Ofcourse you'll make profit but you'll miss out often on even more profit like that.
I wouldn't dump and just put a long term goal for yourself gathering x amount of bitcoin before x amount of time.

People selling a certain amount of coins to secure profits, or doing day trading, or trading in general, mostly have several balances for each a different purpose. If they secure profits, it doesn't mean they run out of coins. They have much more since it's only a small percentage that they sell.

Day traders .r bitcoin traders are commonly do these things because in this way they could make profits even bitcoins price would move even how many dollars only. You are right they have lots of coins and they are trading only on small amounts and sell or buy it on the best time on bitcoins price points.

DeathAngel

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Quote from: Xenophoto on October 07, 2016, 03:22:45 AM

Definitely do long term goals. Bitcoin will rise over time and if you really want to earn some good amount of profit, then you'll have to wait for a long time. Dumping today might make some profit to you but it's not as much as you'd earn when you wait for years.

But if an emergency comes, you should have some Bitcoins reserve for that so not all of your Bitcoins will be gone and all of the time that you waited will just go to waste.

Agree with all of this, day trading is a fools game. The only way to make serious money in bitcoin now for the amateur guy is to HODL & wait for a significant price increase.

Denker

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Quote from: noictib on October 06, 2016, 09:46:30 PM

i wants that no dump in the bitcoin rate should take plce because i am.a local trader . i usually smbuy and sell btc from my clients , so big dump will distrub my trading . so i think stability is best in price .

The market doesn't care what you want or not!
That's the most important rule you have to learn!You as a small individual will have no influence on the market.
So always be prepared for situations you don't like to happen.Therefore always have a plan b!
And no stability is not the best. People who invest now want to see profits, as usual.Therefore the best has to rise in the future, otherwise people who see Bitcoin as an investment, and that's the oveall majority of users at the moment, will dump it and put there money somewhere else, which of course would result in a decrease of Bitcoin's value.
Bitcoin is still far far away from being a currency.We will have volatility for many many years.And as long as it is an upwards volalitlity I'm pretty fine with that.

1Referee

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Quote from: newcoins1978 on October 07, 2016, 03:53:23 AM

I find dumping or day to day trading a bad strategy for making money. Ofcourse you'll make profit but you'll miss out often on even more profit like that.
I wouldn't dump and just put a long term goal for yourself gathering x amount of bitcoin before x amount of time.

People selling a certain amount of coins to secure profits, or doing day trading, or trading in general, mostly have several balances for each a different purpose. If they secure profits, it doesn't mean they run out of coins. They have much more since it's only a small percentage that they sell.

harizen

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Quote from: Xenophoto on October 07, 2016, 03:22:45 AM

Definitely do long term goals. Bitcoin will rise over time and if you really want to earn some good amount of profit, then you'll have to wait for a long time. Dumping today might make some profit to you but it's not as much as you'd earn when you wait for years.

But if an emergency comes, you should have some Bitcoins reserve for that so not all of your Bitcoins will be gone and all of the time that you waited will just go to waste.

Long term goals is not always "We don't have to dump at the moment". We can able to make a huge profit out of price increase panic which the average increase is about $100-$200. We can considered to dump our coins in that moment. No worries about the buy back since there is always a price decrease rally after the huge increase.

By taking advantage of the price fluctuations that's happening in bitcoin, we are building long term goals of investment with this kind of crypto.

newcoins1978

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I find dumping or day to day trading a bad strategy for making money. Ofcourse you'll make profit but you'll miss out often on even more profit like that.
I wouldn't dump and just put a long term goal for yourself gathering x amount of bitcoin before x amount of time.

Xenophoto

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Definitely do long term goals. Bitcoin will rise over time and if you really want to earn some good amount of profit, then you'll have to wait for a long time. Dumping today might make some profit to you but it's not as much as you'd earn when you wait for years.

But if an emergency comes, you should have some Bitcoins reserve for that so not all of your Bitcoins will be gone and all of the time that you waited will just go to waste.

martinacar

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Long term goals are what fit the profile of bitcoin the best, bitcoin is slowly ricing and with every halving actually getting better.
Long term would be best just invest fiat into bitcoin and wait for the values to go up while watches the prices every day to be up to date.

MyBTT

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I'm holding about 21 bitcoin collectively with my family. Trying to go for the long-term, however if we happen to need the fiat we might be forced to sell.

maudevang

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The price is okay, its depending on what price you bought and also what you want to do if you want to make profit right now selling is an option if you have the chance to wait longer you should do that because it has a good future.

AlexBits

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Dumping is not the a good thing to do in the overall with the bitcoin, I think right now its more the time of holding because it has a good future and it will also rise to a higher amount in a couple months if we have to believe some speculators.

noictib

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i wants that no dump in the bitcoin rate should take plce because i am.a local trader . i usually smbuy and sell btc from my clients , so big dump will distrub my trading . so i think stability is best in price .

ElpadroBitcoin

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I'm going for long term because I love them and I also think that they are better because of the fact that its easy with the bitcoin plus it also has a good future a head.
The bitcoin will go to a much higher amount soon or later.

JumperX

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Quote from: Hugroll on October 06, 2016, 01:12:50 PM

Quote from: Kprawn on August 27, 2016, 11:51:21 AM

We have seen a lot of people waiting in high anticipation for a BIG increase in the price during the Halving event. How many people wanted this to happen, just to dump and run and how many of them

well i was kind of in the same position as you, i bought low and after the halfing i had plans to sell but just decided to hold for some time and am still holding to this day lol. if the price goes up a bit more i might sell.

When price crossed $750 level before the halving everyone was hoping to see the price of $1k at the halving but it didn't happen so people who sold at that price would be much satisfied with their profits.

Hugroll

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Quote from: Kprawn on August 27, 2016, 11:51:21 AM

We have seen a lot of people waiting in high anticipation for a BIG increase in the price during the Halving event. How many people wanted this to happen, just to dump and run and how many of them

well i was kind of in the same position as you, i bought low and after the halfing i had plans to sell but just decided to hold for some time and am still holding to this day lol. if the price goes up a bit more i might sell.

Adaleon

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Quote from: Ybalevia on October 05, 2016, 08:46:39 AM

Quote from: Cereberus on August 27, 2016, 11:54:42 AM

Quote from: Kprawn on August 27, 2016, 11:51:21 AM

We have seen a lot of people waiting in high anticipation for a BIG increase in the price during the Halving event. How many people wanted this to happen, just to dump and run and how many of them

were ignoring this and are in this for the long haul? I was planning to sell some coins at a inflated price to enjoy the fruit of my labour, but decided to hold a little longer. I already more than doubled the

amount I spend on the investment a year ago, when the price were $200+ ... but greed wants me to hoard a little bit longer. How many others wanted to do the same? I will never sell everything, but I

want to enjoy the profits. Roll Eyes

Greed is not always a good thing but maybe in such case is a good one. You can hold the coins a little bit more. Many of the users here have long term goals or so they say at least. I am collecting coins and I have a decent amount which I am keeping for the long run. But if you bought at less than 300 if you sell them now you double your investment so maybe in this case greed is not a good thing. In the end its up to you what you think to do with your coins. Whatever you do make sure that the decision benefits you in the end in a way or another.

I dont think you should dump your coins because i know for sure that dumping the coins is not great for the future of the coins just hold them and maybe you will see the price rising.

I also think that dumping is not an option you can better just hold them for a long term and than see what you are gonna do.
Most likely a long term will be very profitable if you are asking me.

Altynbekova

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Quote from: buddu on August 28, 2016, 05:26:57 AM

It has no sense to dump because there is no solid reason to do this. I will wait anyway I have only 5 Bitcoins for 1 years time and will keep holding. Since the number is smaller I don't see anything attractive to dump for roughly few hundreds dollars profit. I will keep eye on long term like I did till today.

Indeed I don't see any good reason to dump yet either. For sure I'll be holding till atleast the next halving 2020 and from that point I'll decide my next move probably.
Unless bitcoin suddenly jumps to 1k, then i'll dump all.

TheSnow

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Quote from: BitsandBites on October 05, 2016, 04:02:48 AM

It is best to do both hold on to your Bitcoin and sell some of them when you can make a profit because if you are just going to wait and Bitcoin will die then you have waited for nothing.
make some money with bitcoin ass long as you can.

Yup agree with you.I know bitcoin will become more popular and the population who will using bitcoin will increase.But we also know the risk for bitcoin getting dead in the future.Before this happening,better we sell a bit of our coin if the price is good enough to give us some profit.

specturul

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Depends, because if you are short of money you need to exchange faster and then the "current price" is not a matter Wink

Quote from: ekoice on October 06, 2016, 03:33:25 AM

I am holding my bitcoins for price to raise high.When the bitcoin price crosses $15000 dollars, then i would sell half of my bitcoins for fiat and hold the remaining for future.I have decided this based on long term benefits.

Topic: Dump or long term goals? - page 4. (Read 6567 times)