Dump or long term goals? - page 8. | Bitcointalksearch.org

vasrasus

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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.

It really still defends on you or on the situation arises that there's a need to not finish the goal you wanted. For me id like really to make it bigger for it may became as my savings in the future. A hobby and a sideline job for this moment that ill know soon will be beneficial.

rababo

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You already make a big profit right now, the price is increase 3x from the last time you bought bitcoin. If you're satisfied enough with the profit you got now, you can sell all of your bitcoin. Or you can sell some of your bitcoin and save the rest, wait the price to increase more.

pocarime32

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I think it's better to pick long term goals, because i think the price of bitcoin will increase in the end of the year. I will wait until the end of 2016, because i predict the price of bitcoin will increase on that day.

Zadicar

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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

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

Its really up to you if you hold a little longer for more profits but in the price you bought previously your coins you are already have a decent profit with it since you bought it on $200+ which you almost 3x your money. I agree the greediness is there and still wanting much more huge money then. If you are really searching for an amount that would satisfy you then hold a little longer if you see the price of bitcoin is already enough for you to sell.

BTCLovingDude

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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

yeah, sadly a lot of bitcoin users/investors are in it only for the profit and will dump as soon as there is a price rise to go back to their fiats as soon as possible.

Quote

and how many of them were ignoring this and are in this for the long haul?

there are many that are in it for the long haul but this should be at least 90% of investors not a small group.

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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

we all want profit in one way or another. i too have wanted to sell and made sure to sell bitcoin but i bough back with most of the money that i got and now i have even more bitcoin because of this simple act.

Edwardard

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if you see the history of bitcoin, then you will realize that long term holders always get high profits. but we all know that what happened in the past is not guarenteed to be repeated in the future. btw, instead of dumping or holding for a long time, if you do short term tradings then it may be more beneficial for you. but yes, you must have some knowledge about the market, its history and ofcourse some luck. good luck!

lionheart78

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Quote from: Indrawan77 on August 27, 2016, 09:14:07 PM

I think everyone feel the same things, they want to sell but they hope to sell at the highest price, but we are not fortune teller we cant know the exact time when will the price at the peak, so i think just sell small part of your coin to enjoy it, its your hard work, i think you deserve some payback

I agree we all want to get the highest profit possible but as you said we cannot predict the future and reading the chart wont guarantee what we saw in it. If we are into profit of course we must have patient and having said that, you should be in a long term watching the market and then be ready to sell when it meet your selling requirement.

Indrawan77

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I think everyone feel the same things, they want to sell but they hope to sell at the highest price, but we are not fortune teller we cant know the exact time when will the price at the peak, so i think just sell small part of your coin to enjoy it, its your hard work, i think you deserve some payback

shinratensei_

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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

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

But I think your some intentions for your planning to selling your coins it's too late in this time and why your intention for selling your coin is not appearing if the price of bitcoin is till in the $750?but every bitcoiners is having same intentions with you wanna for selling the part of their amount and keep the another for their investment.

Hatuferu

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Long term goal is the best option for me, do not dump your bitcoin as it has a great potential to increase its value overtime. You might regret that you miss the opportunity to make a good amount of money, in this world as an investor we need to have a great patience to succeed.

windale

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dump is only few time not long time its now price bitcoin up again
dump only few dollar not hard dump
i think is pump or dump everyday is so good so every day can take profit
but i wan't accident hard dump

richardsNY

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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.

raymond541

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Well my sugession hold your coin for next 2-3 month.Still have chance to 700+ end of the year.I think next 1-2 month also price will be around $550 to $600.I sold my coin when price was $750 and start buying.I will buy under $600.I really think pump and dump really bad for bitcoin,in this way some people are gain huge profit and most of the people are looser.

fireball4

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long term investment options all the time, bitcoin allows me to make some decent profit without too much efforts and i really like it

FAMIALAM

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Quote from: Slark on August 27, 2016, 05:05:22 PM

First of all there is nothing wrong with being a position trader. We can hold a bit more.

Quote from: FAMIALAM on August 27, 2016, 04:32:22 PM

I don't have much bitcoin but i'll hold mine for long if i managed to buy some bitcoin this year.bitcoin will rise upto $1k by the end of 2017,i heared from some people

Well at this point there is no one who can tell you and predict how high will be bitcoin price by the end of 1017. We can only speculate.
Don't believe in any news until you actually see it influence the price. 2017 might be the year of Kim Dot Com, but until he start his bitcoin business it is better to treat him with grain of salt.

yes i got the name now,its Kim Dot Com whom twitter i followed.he's predicting a higher price for bitcoin.i fogot the name but thanx buddy for your reply.ofcaurse i'll watchout every step before i take any bitcoin related decision

Slark

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First of all there is nothing wrong with being a position trader. We can hold a bit more.

Quote from: FAMIALAM on August 27, 2016, 04:32:22 PM

I don't have much bitcoin but i'll hold mine for long if i managed to buy some bitcoin this year.bitcoin will rise upto $1k by the end of 2017,i heared from some people

Well at this point there is no one who can tell you and predict how high will be bitcoin price by the end of 1017. We can only speculate.
Don't believe in any news until you actually see it influence the price. 2017 might be the year of Kim Dot Com, but until he start his bitcoin business it is better to treat him with grain of salt.

Backside walkaround

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You're on a forum that's pretty much full of greedy people, so OP your not alone by any stretch.

I don't consider myself an *overly* greedy person, but I aspire toward being wealthy. To that end, I think bitcoin has very good upside potential and my goal is to accumulate right now. If OP got in at $200, he's very fortunate, but I still think buying now at $565 isn't a bad idea.

FAMIALAM

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I don't have much bitcoin but i'll hold mine for long if i managed to buy some bitcoin this year.bitcoin will rise upto $1k by the end of 2017,i heared from some people

jvper

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According to the Efficient Market Theory, it doesn't really matter. People are well aware of these events and price already considers it. Selling or keeping to the long term is up to you and your belief on bitcoin value.

vero

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I do not think that a miner or a trader will do crazy things throw away prices fall, most likely the price will be created fell slightly after that the price will rise, as we've seen throughout this year.

Topic: Dump or long term goals? - page 8. (Read 6567 times)