Topic: How many can resist selling off their BTC for huge profits? - page 3. (Read 3831 times)
September 19, 2017, 07:46:29 PM
Many people are resisting as their goal is long term profit, doesn't matter how much profit they can get now. If the price is increasing too much on short-medium term, imagine how good it can be on long term. 500% is nothing for who is holding since Bitcoin was created or since some years ago. And those who will sell won't sell all their coins, they will probably keep holding a good amount of Bitcoins.
September 19, 2017, 07:35:02 PM
What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained. Say 500% or more even?
I think having an offer like that, will force me to sell my bitcoin. It is because it is rare to have an offer like that 500% or even more but it always depends to the person with bitcoin. It depends to him if he will sell their bitcoin with that amount of profit, or they will still patiently wait until they can gain even higher profit. Its about being wise and managable in bitcoin.it's true that everyone has their own thoughts on whether to get a profit of what it depends on each bitcoin holder.
maybe with that offer many people agree and will want to sell it.
but not a few will also choose to get more profits
September 19, 2017, 07:07:27 PM
What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained. Say 500% or more even?
I think having an offer like that, will force me to sell my bitcoin. It is because it is rare to have an offer like that 500% or even more but it always depends to the person with bitcoin. It depends to him if he will sell their bitcoin with that amount of profit, or they will still patiently wait until they can gain even higher profit. Its about being wise and managable in bitcoin. September 19, 2017, 06:55:16 PM
It's not hard to resist i normally change my mentality in terms of bitcoin i imagine if it's a form of saving then it should be used only when required and with this i don't sell my bitcoins even when i have a higher profit. Others may have bought for other purposes just think of those you won't be able to convince yourself to sell bitcoin
September 18, 2017, 02:44:56 PM
I think that to give more value to Bitcoins and start using it as an actual "GLOBAL" currency, it's necessary to be used in that way.
People think that this is just an opportunity, a way to satisfy their hopes, their demands of making more money over their already invested fiat.
Do you know Tim Draper? He's the man who actively took part in all those seized Bitcoins' auction held in US and bought more than 50k Bitcoins at ~650 bucks (if I'm not wrong). Did he sell his coins till date? I think NO. Because he is fueling his own experimental projects with those Bitcoins as well as handling over few projects to his son too. Sharing is caring and investors never look for smaller profits, they make huge differences in the society with their decisions.
and yet I believe that it is the huge holders of Bitcoin that have a very great influence on the pricing of the crypto currency. Perhaps there is no fault with the Chinese government In today's situation, namely such people made an artificial collapse. People think that this is just an opportunity, a way to satisfy their hopes, their demands of making more money over their already invested fiat.
Do you know Tim Draper? He's the man who actively took part in all those seized Bitcoins' auction held in US and bought more than 50k Bitcoins at ~650 bucks (if I'm not wrong). Did he sell his coins till date? I think NO. Because he is fueling his own experimental projects with those Bitcoins as well as handling over few projects to his son too. Sharing is caring and investors never look for smaller profits, they make huge differences in the society with their decisions.
September 18, 2017, 01:58:34 PM
I think that to give more value to Bitcoins and start using it as an actual "GLOBAL" currency, it's necessary to be used in that way.
People think that this is just an opportunity, a way to satisfy their hopes, their demands of making more money over their already invested fiat.
Do you know Tim Draper? He's the man who actively took part in all those seized Bitcoins' auction held in US and bought more than 50k Bitcoins at ~650 bucks (if I'm not wrong). Did he sell his coins till date? I think NO. Because he is fueling his own experimental projects with those Bitcoins as well as handling over few projects to his son too. Sharing is caring and investors never look for smaller profits, they make huge differences in the society with their decisions.
People think that this is just an opportunity, a way to satisfy their hopes, their demands of making more money over their already invested fiat.
Do you know Tim Draper? He's the man who actively took part in all those seized Bitcoins' auction held in US and bought more than 50k Bitcoins at ~650 bucks (if I'm not wrong). Did he sell his coins till date? I think NO. Because he is fueling his own experimental projects with those Bitcoins as well as handling over few projects to his son too. Sharing is caring and investors never look for smaller profits, they make huge differences in the society with their decisions.
September 18, 2017, 01:17:04 PM
I cannot tell you an exact number because it will need data and studies to make that accurate. But what I can say is that I think that many people can and will resist selling off their bitcoin if they know and believe in the potential of bitcoin to earn huge profits. Should everyone know this for a fact, then I guess there is no other reason for selling other than pure need.
September 18, 2017, 01:11:24 PM
Unless you'd arrived in the last couple of months you would've had to have worked rather hard not to have huge profits by now. Overall I'm up plenty. I don't really ever want to sell and I never have. I'd much prefer to spend if there's a need for something and I don't give a shit if it's instantly converted, that's their problem.
It all depends on what your goals are and what your immediate needs are. No one should be going without something vital if they have profits to play with. Equally they'd be monumentally stupid to spend it all on Steam games.
The stars are only just beginning to align. If people can afford to then they should at least wait a few more years until after the next halving.
It all depends on what your goals are and what your immediate needs are. No one should be going without something vital if they have profits to play with. Equally they'd be monumentally stupid to spend it all on Steam games.
The stars are only just beginning to align. If people can afford to then they should at least wait a few more years until after the next halving.
September 18, 2017, 12:33:32 PM
Every Bitcoin users has different goals and wishes so not everyone would sell at the same point. Some really want to save their coins on long term but my opinion is that just holding Bitcoins without using them for anything don't lead nowhere. Depending on estimations is good to combine spending and saving, that is the only way that you can have actual use of Bitcoins.
You are bang on! I might make large profits in percentage terms by selling my Bitcoin, but I wouldn't really be hitting the jackpot. So for me it makes sense to wait. If Bitcoin increases further, my life would become comfortable.
September 18, 2017, 10:36:04 AM
Every Bitcoin users has different goals and wishes so not everyone would sell at the same point. Some really want to save their coins on long term but my opinion is that just holding Bitcoins without using them for anything don't lead nowhere. Depending on estimations is good to combine spending and saving, that is the only way that you can have actual use of Bitcoins
But what's the real use of Bitcoin today?
Even if you can buy something with bitcoins, they are almost instantly converted back to fiat, and to me, spending them in this way is pretty much meaningless. You could just as easily convert them to fiat yourself and spend fiat instead of Bitcoin. And what is left? The only thing that you can meaningfully do to your bitcoins is to speculate with them, and this is what most people do anyway. So does this count as leading anywhere?
September 17, 2017, 02:55:43 PM
Every Bitcoin users has different goals and wishes so not everyone would sell at the same point. Some really want to save their coins on long term but my opinion is that just holding Bitcoins without using them for anything don't lead nowhere. Depending on estimations is good to combine spending and saving, that is the only way that you can have actual use of Bitcoins.
September 17, 2017, 02:30:41 PM
What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained. Say 500% or more even?
It is impossible to know the precise answer to that question but I will guess that more than what you think, someone that bought at 600 dollars a year ago is making a lot more than that and I think many are still holding their coins, why? Because they think bitcoins can still go a lot higher and I think they are right so when you see profits of 500% that seems like a good profits but when you think about the profits that you can still get, then 500% is nothing. September 17, 2017, 02:15:11 PM
I have been getting antsy about about the massive prolonged price increase and haven't resisted selling some of my coins.
I did it at more than $4000, so I guess in the short term it was a good decision, but I still hold a good amount, so I still hope the price rises from here.
I don't want the price to fall back to the norm, and me to have had a bit paper (blockchain) profit, without actually getting any real life advantage out of it.
I do still believe in Bitcoin, though I do have doubts sometimes, it is slow and has been very expensive to use for a while now. I want a cryptocurrency, not crpytogold.
I did it at more than $4000, so I guess in the short term it was a good decision, but I still hold a good amount, so I still hope the price rises from here.
I don't want the price to fall back to the norm, and me to have had a bit paper (blockchain) profit, without actually getting any real life advantage out of it.
I do still believe in Bitcoin, though I do have doubts sometimes, it is slow and has been very expensive to use for a while now. I want a cryptocurrency, not crpytogold.
September 17, 2017, 02:05:12 PM
Every person investing in Bitcoin hopes to do huge profit. As long as you estimate having done a good operation whether you make a profit of 200% or 1000%, why not.
I don't ask to all the bitcoin buyers to believe in it
I don't ask to all the bitcoin buyers to believe in it
September 17, 2017, 01:52:39 PM
Well it is very difficult to do so, but always that i sell my bitcoins or just any other altcoins, i try it to be a round numer, like $100 - $200 - $1000 - $5000, and i am always tempted to sell my bitcoins/coins when that happens.. But maybe i am too ambicius and i always want to take my portfolio to the next level.. Maybe i love holding, who knows?
September 17, 2017, 01:47:15 PM
What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained. Say 500% or more even?
I really do not have a good idea what you are driving at but if I want to assume, I would say you are referring to selling your assets for profit. If you are holding for a long time, this is not the best approach except if you are a regular trader and you know what you are doing. Looking at it from the lame man angle obviously like you (no offense), What if you sell today and it keeps rising tomorrow and it never comes down back to that point you bought it again? You better just keep holding mate! and if you want to trade, there are better ways to go about it.
September 16, 2017, 01:28:30 AM
The time to sell was last week! 
Hope you all did hehe.
But for real here, the time to buy is soon approaching, expect the price to reach all time lows soon.
China news didn't help obviously, so price went down more.
ETH update coming soon end of month so prices for all coins would likely go up.
Hope you all did hehe.
But for real here, the time to buy is soon approaching, expect the price to reach all time lows soon.
China news didn't help obviously, so price went down more.
ETH update coming soon end of month so prices for all coins would likely go up.
Sure, the time to buy currencies and cryptos are when it is low to its resistance to wait for its bullish movement. So, buying now is better rather than off loading.
September 14, 2017, 02:44:49 PM
The time to sell was last week!
Hope you all did hehe.
But for real here, the time to buy is soon approaching, expect the price to reach all time lows soon.
China news didn't help obviously, so price went down more.
ETH update coming soon end of month so prices for all coins would likely go up.
Hope you all did hehe.
But for real here, the time to buy is soon approaching, expect the price to reach all time lows soon.
China news didn't help obviously, so price went down more.
ETH update coming soon end of month so prices for all coins would likely go up.
September 14, 2017, 01:08:19 PM
It is purely depend upon the persons need Few/lot of people running their family with bitcoin so prediction of selling off their BTC for huge profit percentage wont be predicted at any point.
September 14, 2017, 12:45:30 PM
What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained. Say 500% or more even?
It is hard to say because individual circumstances can vary. Now, there are times when one has to let go of his/her Bitcoin because of a need or an emergency and there are those who will continually hold on to what they got because they know that soon Bitcoin can be crashing the moon. In other words, we are becoming like speculators. Hope that it won't really got bubbled up.
Jump to: