Topic: Dump or long term goals? - page 7. (Read 6567 times)
Don't hoard and hope for better days when better days are already upon you. You want to enjoy the fruits of your labor then you should do exactly that! Warning, we are human and we don't live or are even healthy forever- enjoy your profits and save what you feel you need to but enjoy it because tomorrow you maybe unable!
Definitely long term myself. The price action is never all the way up or all the way down, respectively. There are numerous bumps on the road and one needs to be patient, provided his/her conviction about the price goal is correct. To my understanding, Bitcoin has the potential of going quite far up if the are positive developments and we have new investors flowing in. An that is way I keep being long-term holder.
No reason why should you sell your Bitcoins right now unless it's emergency. Basically even in the future, if the price reaches 1000$, people will still doubt if that's the time to sell his coins. Once the price reaches that level, greed will take over and you'd want to hold on to your bitcoins a "little" longer. But it turns out, that "little longer" of yours would take weeks/months. I personally will hold my bitcoins until I need to buy something expensive. The price of bitcoin will increase, it's just a matter of time so the longer you hold it, the more profit you'll have.
Yes, besides He bought very cheap in $200 , and if he decides to sell now to take profit no guarantee that the price again fall so low and if he decides re-buy on some point, the price will be higher than $200 for sure.
No reason why should you sell your Bitcoins right now unless it's emergency. Basically even in the future, if the price reaches 1000$, people will still doubt if that's the time to sell his coins. Once the price reaches that level, greed will take over and you'd want to hold on to your bitcoins a "little" longer. But it turns out, that "little longer" of yours would take weeks/months. I personally will hold my bitcoins until I need to buy something expensive. The price of bitcoin will increase, it's just a matter of time so the longer you hold it, the more profit you'll have.
Actually i have decided to go with bitcoin on long term way. Because when i started with bitcoin in that time, i have no any good idea about investment or trading with bitcoin, but now i know everything about bitcoin so thats why i never left the bitcoin in hurry.
I'm long and will stay long.
I see o reason why should I dump my coins.
The fundamentals are still looking good and really promising.
This is all what I need to know and what counts imo.
I see o reason why should I dump my coins.
The fundamentals are still looking good and really promising.
This is all what I need to know and what counts imo.
Long term always ends well, I always think short-term and greedy, but apparently it always made me regret. but with good patience I think you can always get a high profit. for example, when I trade on altcoin which basically is always short-term play. but with patience is always pretty good on price and high rise.
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.
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.
Not me. I'd rather risk trading them all than wait for month before taking the fruits.
I haven't bought when it was still $200 though but yes i've bought few when it reached 400+ until i decide to buy some coins under ICO. I prefer to do trading whatever the results of what I'm doing, can be more profitable than losing time without learning how all these works.
You might do this now, but it gets pretty boring after a few years. I would rather hoard the majority to reduce the risk and profit when the time is
right. I only speculate with a very small percentage of my coins and make sure my hard earned bitcoins are safely stored away. I was around when
the price was even lower than $200 ... but I did not invest, because it was relatively new in my corner of the world at the time.
i don't see why i can't do both at the same time 
well maybe not dump since it has kind of a negative meaning with itself. but more of selling on big sudden rises to stay involved with the market and make profit and then buy back at the dips to continue having bitcoin in my wallet and add to it if possible.
and mostly keep the profit + investment for the long term investment.
well maybe not dump since it has kind of a negative meaning with itself. but more of selling on big sudden rises to stay involved with the market and make profit and then buy back at the dips to continue having bitcoin in my wallet and add to it if possible.
and mostly keep the profit + investment for the long term investment.
long term of course. since my time in bitcoin i have been through many dramatic happenings where a lot other (most likely noobish) people were very much having doubts about where all this would end. literally nothing can make me thing otherwise about what bitcoin can do in the future. the need for bitcoin as an alternative will only increase. i'll keep holding my coins no matter what.
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.
Yes, there is no panic in bitcoin industry and hence no need to Dump. Just keep on saving the coins for long term and you will get fruitful results. Current price is also not attractive for dumping.
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.
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.
Not me. I'd rather risk trading them all than wait for month before taking the fruits.
I haven't bought when it was still $200 though but yes i've bought few when it reached 400+ until i decide to buy some coins under ICO. I prefer to do trading whatever the results of what I'm doing, can be more profitable than losing time without learning how all these works.
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.
I have some long term goals in regards to btc, I think it'll hit 700 for sure this year and hopefully 1,000. I see it as a side investment sort of like buying gold you know?
Or it can tank back to$300-$400ish, you never know.
As for me every time the price jumps or drops significantly I move 30% of my coins.
I am of course holding for the long term, but I do secure profits from time to time. This allows me to increase my holdings by selling at the higher prices, and to buy back when the price starts tanking again. So far I am quite successful in doing so. With this I don't have to put much of my own money in Bitcoin in order to expand my holdings.
That's also what I am trying to do. However, it's not always that easy as there is no way to find out what what is the top of the peak is. That's why I am selling in small amounts of like 0.5BTC per time till the top is reached. That's how I do it. Same goes basically up for when the price goes down. I buy small amounts till the bottom is reached.
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.
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.
That is a hard fight, like a war in your mind. Same thing that is happening to me whenever a high fluctuation came. But it will still depend on you. If you think there is a need and you really want it then take it. Besides, it is all yours.
I have some long term goals in regards to btc, I think it'll hit 700 for sure this year and hopefully 1,000. I see it as a side investment sort of like buying gold you know?
I have a long term goal in bitcoin. I don't have that much anyway that's why I am slowly accumulating it and hoping to make it big in the long run. I hope so that it will reach thousands of dollars per bitcoin someday and one bit will be able to buy something valuable. This may happen if there will be more demand in bitcoin and people will use it as currency more than investment.
I will never sell everything, but I want to enjoy the profits.
Assuming you have sufficient BTC's... why can't you just withdraw your initial investment and enjoy that? The rest you can leave "invested" in BTC to sell at a later date when it is at a price that satisfies your "greed" 
You do raise a good question though and I think this is a dilemma for a lot of different investments (not just BTC). At what point do you cash out? Do I take my profits today and then regret that decision tomorrow if BTC doubles in price tomorrow? Do I take my profits today and be thankful when BTC halves in price tomorrow?
Personally, I think the best thing you can do, is set a target that you are happy with... and when that target is reached, cash out. If you wish to reinvest in BTC, then forget your previous investments and start from a new "zero" point. Otherwise you will always be second guessing yourself and wondering "what if?"
my plan is as it has always been, to hold for the long term. i have bought last year at $200 and invested a lot of money when it could and now i am happy with the results. i sold a little at the top and bought back when the price settled down and still holding all i have.
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