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Topic: How many can resist selling off their BTC for huge profits? - page 7. (Read 3756 times)

hero member
Activity: 648
Merit: 502
what do you mean by that ?
you're asking how many % people will sell their holding when they're profited for more than 500% and around that ?
well if you're asking about it i can tell you that only a few %,i think nobody know the right number.
but i am sure it will only a few people will sell their holding,you know why?
because it has been 1000% from their holding but they keep buying and buying.
they know it will be huge in the next few years later that is why many people keep holding it until it reach 6 figures.
so,only a minor people keep selling it for profit and cash out
yeap only the minors will be sell their BTC and cashout for the hardmoney and spend it in some things , but we, we will not just sell our own BTC because we know that this is for our future, bitcoin will be more success in the near future and we all buy our money bitcoins for more success.
Some people have no patience. Which is not a good option. Because they sell their bitcoin and spend the money. This is not how you can earn the big profit. Actually this not how you earn the profit. You have to wait until the price of bitcoin reaches your aims. You have to wait and watch the price and handle the ups and downs through which the currencies go.  People who think about their future try to be patient and wait for the right time.

That's depends on the status of life of that person, maybe because he is in a desperate needs for cash or he have a family and he has no choice but to sell some coins for monthly allowance or he has a very bad gambling habit. I've been holding my btc for almost 2 years and I well sell till the price go up to 100 thousand and up. My father has a pretty decent job so I'm not in a hurry for money but I will monitor the price from time to time in order to not lose in the long run. Good luck to us holders.
sr. member
Activity: 882
Merit: 269
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 do thing it is very impossible for one to resist sell their bitcoin especially after a seriously pump when you buy very low. Many of my trading friends also has the same problem and their find it very difficult to resist the temptation too. But from reddit I do read stories of buying and  Holding traders who even said they have never sell any of their coins since 2011 when bitcoin price is less than $100 till now and their have enough bitcoin that can taking care of the need till the end of time.
legendary
Activity: 938
Merit: 1001
Of course everyone is buying bitcoins to make some profits and i do resist to sell whenever i see the price has got raised even 15%.
Some traders may not be satisfied with less profit,they keep btc deposited for years so they can't resist selling prior to their target.
sr. member
Activity: 434
Merit: 250
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?
Truthfully speaking i cannot really resist that urge, I have so far made a specific amount i wish to attain before i sell my bitcoins and make some good profits. Until i hit that set value i a staying put no matter what happens because i know that Bitcoin will continue rise for a very long time.
legendary
Activity: 2828
Merit: 3487
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What do you think contributes to the trading volume on exchanges? Of course plenty are raking in the profits - particularly those only selling bitcoins they've bought for the sole purpose of selling at a profit. They're the same people who buy back in when price inevitably drops, no matter how short that period may be. There's also miners who have to continuously sell off portions of coins to fund their operations.

Then there are those who are simply selling off tiny portions to realise profits, while holding on to their larger balances as BTC keeps rising. I think anyone owning more than 100 BTCs will have to find a way to cash out, whether diversifying out to other alts or slowly converting those to fiat.

It's the ones like me who maybe have something small that are holding out. Even then, we have bills to pay Smiley
staff
Activity: 3010
Merit: 568
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Some traders does sell away their bitcoin at certain price but I assume the main reason of selling away their bitcoins is because they are predicting the price of bitcoin will be dropping soon, and they are selling their bitcoin for profits before the price drops hard.
full member
Activity: 644
Merit: 103
That would be easy to resist if you know for a fact that bitcoin's value would be much more after a few years. Also, huge profits won't mean scrap if you wont reinvest it after you cashed-out.
sr. member
Activity: 364
Merit: 250
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 can never be sure. But I think only 5 out of 100 people can hold their btc if they profited 500%. That is a huge amount already so I don't think majority of the holders can resist selling. And besides most of us here are traders and we know what traders do. Sell at highest and buy at lowest. Even I will really sell my btc if we came to that scenario but not all of my btc of course. Just a portion will do then wait for a much higher profit because we know that btc can offer more than 500% profit.
sr. member
Activity: 1190
Merit: 256
C'mon, who wouldn't want to sell off his bitcoins when he has made a reasonable profit from it.
It's very much unpredictable, so you might be thinking of holding it a little longer to get more profit, and suddenly the price will come crashing down like the walls of Jericho.
hero member
Activity: 1190
Merit: 541
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?
500% profit is too much. Perhaps 50% people may resist selling their bitcoins even if they confront a profit of maybe 500%. It is a good profit and can really earn a good profit. The best way i can do it to remove some amount of bitcoins and keep some investing. It will help to recover my investment as well as i will be continuing with the profit with the increasing price .
hero member
Activity: 2058
Merit: 882
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Who will reject such great profits?
I'm sure no one is so stupid, they have to wait for a long moment and can not happen twice.
Unless, he has certain information so he holds it for a long time.
I think it is greedy, such emotions will only bring regret. Continue to hope to get a lot of profits and ultimately get a loss.

Yeah like the price is so tempting. Everyone are waiting for that moment to profited good so no wonder they will not grab it.Dont be too greedy, we all know that the price gives us a good return.
Well as for me if that happens, I sell half of my coins then hold again the another so if bitcoin will have again a major pump I have something to sell again. The profit to me will be very nice.
sr. member
Activity: 1918
Merit: 256
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Who will reject such great profits?
I'm sure no one is so stupid, they have to wait for a long moment and can not happen twice.
Unless, he has certain information so he holds it for a long time.
I think it is greedy, such emotions will only bring regret. Continue to hope to get a lot of profits and ultimately get a loss.
hero member
Activity: 644
Merit: 500
I do not think many people will refuse to sell the bitcoin they have just to get a big profit. most people see continued bitcoin price movements, if they have an increase they want, surely they will sell their bitcoin. Maybe just some people who continue to hold the bitcoin they have because they have a goal for the future.
People don’t just refuse, there is only the clash in profit ratio. What they want from their saving and what is the current situation that conflicts and they don’t want to sell at that time. Many people are just waiting for the time to sell, when prices are high and they just get average profit. Some waits for huge profits.
full member
Activity: 672
Merit: 144
I'm hold my absolute 0.5 coin for three years since I knew bitcoin although my friend already told me to sell all of them as soon as they reaching highest value on this year.
Of course being investor provide better profit compare trading but the risk are greater  !

0.5 isn't really a lot dude. Why not buy more? I really think prices will steadily grow in the next months and we might even see a new all time high again. Probably the prices will even pump to $10,000 before the year ends. So I think it is still not too late to buy some more bitcoins. A few days ago prices dropped from $4,400 to $3,800 and it just went back to $4,300 levels in no time. I think it will just continue to rise.
with respect to all the forecasts that sounded Until today, I had very, very conflicting relationships, but the fact is that almost all of these predictions were made And I think that the relationship is 10,000 dollars for Bitcoin, this forecast will also be implemented. I am the same user as everyone else, and I wish good luck to all of us in the future.
hero member
Activity: 868
Merit: 535
I'm hold my absolute 0.5 coin for three years since I knew bitcoin although my friend already told me to sell all of them as soon as they reaching highest value on this year.
Of course being investor provide better profit compare trading but the risk are greater  !

0.5 isn't really a lot dude. Why not buy more? I really think prices will steadily grow in the next months and we might even see a new all time high again. Probably the prices will even pump to $10,000 before the year ends. So I think it is still not too late to buy some more bitcoins. A few days ago prices dropped from $4,400 to $3,800 and it just went back to $4,300 levels in no time. I think it will just continue to rise.
hero member
Activity: 1330
Merit: 569
 A lot of people still holding up to this day have actually resist a lot of tempatation of selling that that 'huge profit' simply because of the following reasons

1. Some core guys are sure that when they get greedy and dislodge the whole of what they have, it then destroy everything that has been built if not enough people are involved to mop up the excess.

2. A lot of people are not carried away by that profit of now but the expectation that tomorrow can be better.

3. That great profit is a relative statement while some people have reached their own, others are still longing for it to come.
legendary
Activity: 924
Merit: 1006
I'm hold my absolute 0.5 coin for three years since I knew bitcoin although my friend already told me to sell all of them as soon as they reaching highest value on this year.
Of course being investor provide better profit compare trading but the risk are greater  !
hero member
Activity: 994
Merit: 544
Selling off and getting back your originally investment is typically a prudent and smart choice, then, every time it doubles. You could miss out on some gains, yes, but possibly, you could miss out on a massive downturn and still be laughing all the way to the bank.

And based on your statement many people, somwtimes have no time to even go and try other ways. I do not have those money but through bitcoin I was able to help my family with foods suitalbe for them.  But if there were emergency then I would gladly like to boot.
legendary
Activity: 1540
Merit: 1029
Selling off and getting back your originally investment is typically a prudent and smart choice, then, every time it doubles. You could miss out on some gains, yes, but possibly, you could miss out on a massive downturn and still be laughing all the way to the bank.
full member
Activity: 560
Merit: 121
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?

What do you think would be the reason for resistance, tax? I think the only reason for them to resist is the fear of being taxed if it is too big in amount. And others maybe they want to save their bitcoin for future use of wait for a higher value.
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