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?
we are still in the beginning of crypto currency revolution. 500% is a reason why they wont sell their btc, because they believe it can be more than that. So I think its just less than 5%. Its difficult to decide when you want to open a buy positon right now when the price are high, but its even more difficult to cash out when you buy it at low price.
Topic: How many can resist selling off their BTC for huge profits? - page 5. (Read 3829 times)
I only will sell it if I need money to spend, 500% profit will not make me rush to sell my coin, because I know bitcoin price constantly go up, why should I sell if I know in the future I can get 700% of profit
If my coins portfolio already get 500% profits, there is no reason to hold until the prices get corrected obviously. I will sell my coins at the peak to maximize profits and buy back when it dips. Holding is a good thing, but sell and buy back is better way to doubled my coins I guess.
But, the problem is; so hard to determine when the right time to sell, and whether the prices will go down even further or start to bounce.
But, the problem is; so hard to determine when the right time to sell, and whether the prices will go down even further or start to bounce.
so far bitcoin prices are hard to predict and do not know exactly what will happen to bitcoin, but I think if you think of time to sell bitcoin of course when the price is high and has reached the target profit in the set
If my coins portfolio already get 500% profits, there is no reason to hold until the prices get corrected obviously. I will sell my coins at the peak to maximize profits and buy back when it dips. Holding is a good thing, but sell and buy back is better way to doubled my coins I guess.
But, the problem is; so hard to determine when the right time to sell, and whether the prices will go down even further or start to bounce.
But, the problem is; so hard to determine when the right time to sell, and whether the prices will go down even further or start to bounce.
Nice return, but I couldn't make any profit from Btc. That's why I have to keep them more and more time to see a profit. For people already got profit from Btc, it's easy to sell their bitcoins to realize profit.
If my coins portfolio already get 500% profits, there is no reason to hold until the prices get corrected obviously. I will sell my coins at the peak to maximize profits and buy back when it dips. Holding is a good thing, but sell and buy back is better way to doubled my coins I guess.
But, the problem is; so hard to determine when the right time to sell, and whether the prices will go down even further or start to bounce.
But, the problem is; so hard to determine when the right time to sell, and whether the prices will go down even further or start to bounce.
Well I think is a matter of choice and conditions, whether to sell your bitcoin for a huge profit or to hold on to it.
Because when you think about the future of bitcoin it will be hard for you to sell your holdings for huge profit like 500% as you said, because bitcoin will get to even 100% in few years from when you make that profit of 500%.
So I will rather hold on to my coin except otherwise.
Of course, Holding is what you need to do in order to earn more. But this is all what depends on how good you are in keeping patience and getting your emotions under control. If you will decide in a hurry or will not think sensibly, probably a day will come when you will regret on what all you had in your past. Because when you think about the future of bitcoin it will be hard for you to sell your holdings for huge profit like 500% as you said, because bitcoin will get to even 100% in few years from when you make that profit of 500%.
So I will rather hold on to my coin except otherwise.
I do not think about the percentage of people holding bitcoin longer. I think there are many people waiting for the moment where to sell and when to buy. Unless people really have an edge for financial problems of course anything they can do with bitcoin that they have and can they keep it until whenever. But other things with people who make bitcoin as their livelihood to meet the economic collapse.tentu they prefer to sell it.
I'm not sure if I get what you mean, are you trying to ask if how many people would sell out their bitcoin holdings if bitcoin reaches 500%? I think there would be some people who would sell them most especially to those who are really in need of money, that will be a blessing to them. But for those who have kept bitcoin over the years, I don't think they would likely sell their bitcoin and for sure they already made lots of profit so why would they sell it when you could profit even much more over the years? Think about it.
I somehow agree with you but what I think is that he is trying to ask how much we care about our bitcoins. Do we love bitcoins or the profit they give us? If someone offers us good amount, we are going to sell our bitcoins or will keep them in wallets to have more profits? Different people will react according to their financial statuses. 
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've played bitcoin over 3 years and I can made up to 20x times from initial deposit
Example : I've invest Rp 3 million and now bitcoin worth for Rp 60 million which is insane for me as investation that able beat gold for sure
If that bitcoin user knows the potential of bitcoin in the future and if he has a solid plan for his bitcoins then resisting for selling bitcoin for a huge profit is a very easy thing to do because if you have a strong foundation of your plan then there is nothing that can break through your words and you will stay to your plan until you reach it.
Yep, I have some research behind my decision to invest in Bitcoin so as far as I am backing my research, I wouldn't sell my investment below my expected level. I would still hold my Bitcoins even if there is 500% profit if my long term goal is something different from it.
Yes, it is not easy to hold investment when you see tremendous profit but as an investor, one should be able to stand with his decision of investment as far as his research is relevant irrespective of the market behaviour.
Yes, it is not easy to hold investment when you see tremendous profit but as an investor, one should be able to stand with his decision of investment as far as his research is relevant irrespective of the market behaviour.
well you can't tell how many people holding their btc but as far as I know bitcoin holder with a small amount selling all their coins to get huge profits and then after that we'll going to wait till bitcoin price dump and then buy again at lowprice. sell high buy low. trading strategy. It's hard to resist when bitcoin price is so high you'll be tempted to sell it ASAP. just like i did.
I sold some once before, missed out on serious money over the coming weeks...never again.
HODL.
HODL.
We can't blame each other as the price is totally tempting.
I also sold once before when it hits it ATH because I want to taste the moon and I think its not that bad to sell as I profited enough and I don't want to be too greedy. But now Im just HODling it for the future rise.
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's hard to tell the specific number of people who will sell their Bitcoin when the price is high or when their profit is already high. Maybe it will dpend on their situation and needs. If they need money and the price is already high, they'll surely sell it. I would say only 10%, for the simple reason that they will seek for more. If the profit is big enough, they wait for it to be bigger, as simple as that. 
It makes perfect sense to cash out a bit of profit while bitcoin moves up in price, it depends how much you have invested in bitcoin. If you bought one bitcoin a couple years ago at $250, you could easily cash out 0.10 btc now - maintaining most of your investment while still doubling up on your initial investment. The bubble could burst at any time, always keep that in mind.
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?
Obviously, that all depends
And primarily it depends on how much you invested in Bitcoin. If you invested just dust, it won't make any particular difference if Bitcoin rose 50 or 500% since it will still be dust. Say, you bought 1 dollar worth of bitcoins and it surged 50 times. Now you have 50 dollars. Did Bitcoin make you rich and wealthy? I guess no. On the other hand, if you invested, say, 1,000 dollars, and now you can book profits like 50,000 dollars, it is a completely different matter. Therefore, not cashing out at least some part of your stash wouldn't be a very wise idea overall in that specific case
I'm not sure if I get what you mean, are you trying to ask if how many people would sell out their bitcoin holdings if bitcoin reaches 500%? I think there would be some people who would sell them most especially to those who are really in need of money, that will be a blessing to them. But for those who have kept bitcoin over the years, I don't think they would likely sell their bitcoin and for sure they already made lots of profit so why would they sell it when you could profit even much more over the years? Think about it.
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 here directly we can't say that anyone can stop or not to sell at high profit of about 400-500% profit because it depends upon the circumstances and conditions at that traderd tha what is going on in his whole trading job, whether he is making profit or loss from long and this time he is ready to ooss the profit or not and how much risk he can take , so all this tell exactly that at what price a person can sell his bitcoin .Here i myself was doing trading about from 3-4 years but in the starting if this year i seen that posw coin is a better option to buy but already i lost much in the last year so i invested a small amount ,And after tye investment at next day the price of the coin changed into 60%+ high , so i sold all because i don't want loss the opportunity to make thst small Amount of the profit but unfortunately after the sell ot 3 days that coin's price rises to about 2000% that was a totally sad moment for me .
I don't know how many can resist. But i think all those guys that ended up having regrets by selling their coins will never do it again. It all depends on the experience of the trader or hobbyist. For them, it's not resisting, but proper executions of their strategies and plans. A good trader will always have a target price for their profits and loss.
That $5000 rally was indeed good for selling as a dip was expected which has already happened and Bitcoin is back to $4700, a better price to buy back again with profit already in the pockets. This is how trading is done. If you are saying selling off your Bitcoin holdings completely fir profit and not buying in dip again, then that would be stupidity unless the money is absolutely required.
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