Dump or long term goals? - page 9. | Bitcointalksearch.org

btvGainer

legendary

Activity: 854

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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

I am lucky that i sent my coin soon after halving and got good price for my coins.I again buy back same amount of coins when prices fell and made some good profit.Now I have same amount of coins that I had before halving and also some cash that I made out of selling bitcoins

European Central Bank

legendary

Activity: 1288

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Quote from: ~Bitcoin~ on August 27, 2016, 12:23:32 PM

I think dumping on current price will be just a bad decision as price can pump again to gain 700$ price. I am holding for long run, and may dump few of my bitcoins if i need some cash in hand.

or not. no one knows what's gonna happen. if the op is up by a significant amount then if I were him I'd be rewarding my patience with a good spending spree.

everyone should always hang on to a core amount, the people who get rid of everything after a $50 rise are dumb as rocks, but what's the point of putting yourself through this rollercoaster if you don't get to enjoy some spoils every now and then?

sure, it might rise, but comes a time when you have to start enjoying some short term gains as well.

ontrackk

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Quote from: Jeremycoin on August 27, 2016, 11:59:25 AM

That's exactly what am I going to do if the rate reach a high price. I won't spend it all to fiat but I'll keep some Bitcoin, probably 25% or 50% in my wallet to see if the rate can reach a higher price.

for a long term im not spending at all to be honest, there is no reason for me to do that so i just hold all my bitcoins and thats it, it is really easy

crossabdd

legendary

Activity: 1316

Merit: 1145

I still believe and hold for the long term, at least sell all when the price is above 1000 but I also always sell most of the needs. I only trade that continues to make profits for the long term. so I relaxed for this, because I do not buy bitcoin as much as possible for the long term.

Kprawn

legendary

Activity: 1904

Merit: 1074

I think there are a bit of compulsive hoarding going on here... I have never sold more than 20% of my total coins, and this makes me one of the Scrooge McDucks of the Bitcoin world. I hear the small

voice in my head saying, "Oh my precious!" when I want to sell some. I am not the same with fiat currencies or any other investment or commodities... so Whatsup with this. I think the value of Bitcoin

is so much more than the physical value as a currency, and because I believe in the good it can do, I tend to add more value to it. Huh

~Bitcoin~

legendary

Activity: 994

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I think dumping on current price will be just a bad decision as price can pump again to gain 700$ price. I am holding for long run, and may dump few of my bitcoins if i need some cash in hand.

bitdumper

sr. member

Activity: 266

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One world One currency, Bitcoin.

You can not say that as your profit and its because a sum or amount is only said to be profit when you have full control over that money so when you will withdrawl it into your bitcoin wallet than you can say that how much profit you got

OmegaStarScream

staff

Activity: 3500

Merit: 6152

I assume that's something that each one of us will do (probably not run away but they will sell) , I'm planning to keep my coins until Bitcoin reaches something between 1500$-2000$ then sell some bitcoins and hold some. (If it rise with stability then I will be selling only , If it will be a huge pump and dump then I will start buying once the price start dropping again)

ABCbits

legendary

Activity: 2870

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Crypto Swap Exchange

Since many bitcoiner use bitcoin as investment or their primary goal is to get profit, i think many bitcoiner would dump their coin when they see bitcoin price suddenly raised because hype or some kind of events.
I won't sell my bitcoin when price raised if i can find local shops which accept bitcoin or i'm not desperately need fiat.

densuj

legendary

Activity: 910

Merit: 1000

I think depend on our strategy of trading, because there are some traders who used long term strategy and there are some traders who used short term strategy. But the most important of strategy is we can make profit as constantly from trading. Although price is going down or up, we always make profit from it.

Jeremycoin

legendary

Activity: 1022

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𝓗𝓞𝓓𝓛

That's exactly what am I going to do if the rate reach a high price. I won't spend it all to fiat but I'll keep some Bitcoin, probably 25% or 50% in my wallet to see if the rate can reach a higher price.

Cereberus

legendary

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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

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.

Kprawn

legendary

Activity: 1904

Merit: 1074

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

Topic: Dump or long term goals? - page 9. (Read 6567 times)