How many can resist selling off their BTC for huge profits? - page 8.

CyberKuro

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Quote from: CoinOn on August 25, 2017, 08:11:16 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?

500%? No one I guess, most people will take 100% profit from initial capital, moreover if someone could obtain more than that.
Because bitcoin prices like bubbles which mean it always fluctuate, after reach highest peak, its price will fall down to uncertain point.
That's why, selling bitcoin in order to get profit is a good choice, and we can buy back after bitcoin drop back.
But, I do not recommend to sell all of your bitcoins at once, because there is possibility the price will continue to rise.

Koadharber

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Quote from: webtricks on August 28, 2017, 10:19:11 AM

Quote from: CoinOn on August 25, 2017, 08:11:16 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?

The case differs from person-to-person. While some are day traders and are happy with 10-20% profits. All they want is quick returns. Whereas some are periodic investors and keep Bitcoins for 5-6 months, they aim at 2x the invested amount. Next class is the class of holders popularly known as HODLERS. They are the one aiming at moon, I know some people hodling their BTC from 2013-14 and already made 1000% profits.
The last ultimate class is believers. These people never intend to sell owned Bitcoins.
So you can't categories all traders in single fragment, there is much diversification.

This is true because this thing would really be base depending on what kind of investor you are or trader you are because some would really sell out their coins on a specific price point which they are not longing for more years to come as long they saw they are gaining then sell off and buyback again on dips which is also a good way on earning bitcoin even more,sounds simple but its a hard thing to do for sure and this is why there are some who tends or decide to hold for long term.

frowsiter

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Quote from: CoinOn on August 25, 2017, 08:11:16 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?

If I'm getting 500% of my initial investment then I will not hesitate to sell off my bitcoins for fiat conversion. I have my own agenda of investment and I'm here to make money so if that's profit for me then why not sell it. :-)

Well of course everyone is not like me and they might just wait for more profits in long terms. Some of them have that kind of potential. But for me this would be more than enough.

webtricks

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Quote from: CoinOn on August 25, 2017, 08:11:16 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?

The case differs from person-to-person. While some are day traders and are happy with 10-20% profits. All they want is quick returns. Whereas some are periodic investors and keep Bitcoins for 5-6 months, they aim at 2x the invested amount. Next class is the class of holders popularly known as HODLERS. They are the one aiming at moon, I know some people hodling their BTC from 2013-14 and already made 1000% profits.
The last ultimate class is believers. These people never intend to sell owned Bitcoins.
So you can't categories all traders in single fragment, there is much diversification.

CarnagexD

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Quote from: LindaQ on August 25, 2017, 09:08:35 PM

Quote from: CoinOn on August 25, 2017, 08:11:16 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?

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.

Starting in bitcoin in the recent time we could notice the value of Bitcoin that it is quite costly and have a higher value compare before. So if people want to deal to start on Bitcoin they should consider on having a source of Bitcoin rather than to buy because it is much easier to earn bitcoin nowadays on signature campaign where you can also learn trading, investment that could be a part of your ways of earnings.

ocid

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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.

joseafonso123az

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I think more resist, because they just want their bitcoin to grow to a reasonable value, to think about selling it. I guess many don't have a great posession in terms of BTC, so, they might just hold them, and earn more and more. It has it's risk, but if someone asks me if I want to sell a BTC for 4000$ or just hold till it reaches say, 10000$, I prefer the second option, because I believe in the potential of BTC. Others sell on panic, or don't value the growth of BTC at all.

Nahl

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we cannot find the exact percentages how much profit people have it because it depend on the profit target for every people themself and in my view people won't resist the profit more than 500% even more likely they're will sold all of their bitcoin because it is huge achievement and imagine if you have $1000 in bitcoin and after several times to hold your investment asset already valuable more than $5000 i think immediatelly you will sell your bitcoin

xuan87

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What is the point of resist? Most of us holding Bitcoin to get profit, if the amount of the profit is already hitting the target then I am sure a lot of people will sell it, unless the person saving it for different purpose like emergency usage or inherited to their childrens

equator

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Quote from: Superways on August 27, 2017, 03:25:47 PM

Quote from: 3la9l_kolbaCa on August 26, 2017, 01:54:11 AM

Quote from: DaMut on August 25, 2017, 08:31:48 PM

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.

It is not the question of keeping patient but it is upto the users choice of selling bitcoins on what ever price they are thinking is enough for them. Like me i use to dont see the price and every week i sell my bitcoins as i am converting my bitcoins to fiat currency and using it in my daily life activities . so for me when ever i am selling that is the best price for me.

Superways

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Quote from: 3la9l_kolbaCa on August 26, 2017, 01:54:11 AM

Quote from: DaMut on August 25, 2017, 08:31:48 PM

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.

filharvey

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Quote from: CoinOn on August 25, 2017, 08:11:16 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?

Only few people who know the true potential of bitcoin and who have followed its price movements would dare to hold bitcoins controlling their emotions even when bitcoin price rises high.They know very well that they should not get compromised with such profits,otherwise they would have to lose huge benefits in future.For this reason,they could be termed as strong hands and in contrast,people who sell in panic could be termed as weak hands.

darkangel

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Quote from: DaMut on August 25, 2017, 08:31:48 PM

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

Many people will immediately sell bitcoin when they get huge profits. I believe 100% of that. First, they have the words, the money is important, the second if they can take another, or maybe the capital loss. No one expected that to happen. Few people reserve bitcoins as they rise above their expectations.

wantjokull

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Quote from: CoinOn on August 25, 2017, 08:11:16 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?

People are mostly holding now a days. Those who sell their btc are mostly noobs who think that price has increased and that's good time to sell for huge profits. But they don't think of the future, and do Panick selling most of the time. So there is no fixed percentage of people holding or selling but we can say that most of the people are trying to hold even at the highest price of bitcoin. The true investors know bitcoin is something more than the current rates.

giffen

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Quote from: Dude.Lebowski on August 26, 2017, 12:45:27 AM

Quote from: CoinOn on August 25, 2017, 08:11:16 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?

Here’s the “problem”:

Say you now have $20000000 equivilant in Bitcoin. There is no bank in the world that any sane person would trust that amount of money to.

The only sane thing to do is 1. buy gold or 2. (much easier) keep the bitcoin.

This is why most super wealthy bitcoin owners are not running to sell their bitcoin for bank money.

But you do not have to trust a bank. If you had this amount of money your best idea would be to diversify through different instruments:bank deposits, sovereign bonds, stock market, real business. Why would you risk holding all your wealth in one instrument instead? This is the riskiest scenario

coin_1122

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Quote from: ReindeerOnMe on August 26, 2017, 01:43:34 AM

Quote from: CoinOn on August 25, 2017, 08:11:16 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?

No one can resist that kind of profits man. That is 500% profit, if I bought bitcoin for $5, and say I get a profit at the price of $500 every single coin, that will be a fortune. I will not waste any time and I will converting my coins into fiats.

I think it completely depends upon the Bitcoins they have because many people will wait for many years to get good returns on it. Many people will sell them at very cheap when they made 30% or 40% it completely depends on their needs.

deadsilent

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There are some whales who are believers of bitcoin. They believe theres a future with bitcoin. That's why bitcoin is very strong. They are not looking for small profits. They are aiming for long term investments with high in return. They believe they can be billionaires if they hold this for a long time. It's hard though. The way bitcoin moves, it can easily move up to $10k for just a year.That's not impossible because we all know that there's no impossible to bitcoin. Bitcoin is a good investment and not just for pump and dump. Actually $4000+ a piece is quite tempting to sell. That's quick bucks. But many prefer hold it more longer to gain more profit.

danherbias07

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Who knows.
But with this large price of bitcoin then there just maybr a few.
Have you seen altcoins turned to zero because of the big dump?
If that is happening to bitcoin then this forum maybe dead too and we wont be talking with each other anymore.
We know it is above 500% up now, it is way far from $350 when I first saw it.

3la9l_kolbaCa

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Quote from: DaMut on August 25, 2017, 08:31:48 PM

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.

Janation

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Quote from: CoinOn on August 25, 2017, 08:11:16 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 there is still some people who will be holding their bitcoins. There are some people who are still waiting for more, so they will be waiting for a pump again, maybe they are aiming a 600% more. Also, there are still people who do not own that much bitcoin, who will be able to sell off their bitcoins if the equivalent of that is not that really much.

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