How many people are considering selling after the halving?

Sanguintan

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Quote from: Kellor on July 20, 2016, 02:03:02 AM

Quote from: Herbert2020 on July 19, 2016, 11:05:11 PM

i am not selling anything until there is surge in price, because these small changes don't excite me anymore because i am no longer day trading bitcoin. instead i am a long term hodler now and i am waiting for the halving big rise to kick in and sell after a bubble.

I think so. If the price just rises to $1000 by the end of the year, there is no price bubble. There is no need to sell.

I agree with that. I think the bitcoin price is very resonably price at $650 now and $1000 in 5 months time.

Kellor

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Quote from: Herbert2020 on July 19, 2016, 11:05:11 PM

i am not selling anything until there is surge in price, because these small changes don't excite me anymore because i am no longer day trading bitcoin. instead i am a long term hodler now and i am waiting for the halving big rise to kick in and sell after a bubble.

I think so. If the price just rises to $1000 by the end of the year, there is no price bubble. There is no need to sell.

Herbert2020

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i am not selling anything until there is surge in price, because these small changes don't excite me anymore because i am no longer day trading bitcoin. instead i am a long term hodler now and i am waiting for the halving big rise to kick in and sell after a bubble.

newcoins1978

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Activity: 406

Merit: 250

Quote from: Sanguintan on July 19, 2016, 09:59:16 AM

Quote from: socks435 on July 18, 2016, 12:21:08 PM

Quote from: Sanguintan on July 18, 2016, 12:13:03 PM

I do not see any reason to sell at the moment. The price of the bitcoin is still very low compared to the future price.

Even a month ago the price is 700 above and the price right now still not increase back to that price.. block halving is done but the price is gradually increase i dont know when the price will increase again in touch in 700 value.. but i believe this december we will see a large pump this coming december..

There is no need to worry about the short term price, as long as the bitcoin is developed, the price will rise.

Let's hope that will happen. I have to say I am still worried as to when the price will not be going up and down like we have seen the last years.
I did not sell but like most of us, the volatility is scary.

Sanguintan

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Activity: 191

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Quote from: socks435 on July 18, 2016, 12:21:08 PM

Quote from: Sanguintan on July 18, 2016, 12:13:03 PM

I do not see any reason to sell at the moment. The price of the bitcoin is still very low compared to the future price.

Even a month ago the price is 700 above and the price right now still not increase back to that price.. block halving is done but the price is gradually increase i dont know when the price will increase again in touch in 700 value.. but i believe this december we will see a large pump this coming december..

There is no need to worry about the short term price, as long as the bitcoin is developed, the price will rise.

harizen

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Quote from: socks435 on July 18, 2016, 12:21:08 PM

Quote from: Sanguintan on July 18, 2016, 12:13:03 PM

I do not see any reason to sell at the moment. The price of the bitcoin is still very low compared to the future price.

Even a month ago the price is 700 above and the price right now still not increase back to that price.. block halving is done but the price is gradually increase i dont know when the price will increase again in touch in 700 value.. but i believe this december we will see a large pump this coming december..

Why in December and not next day, next week, next month etc? Is there a big event that will take placed in that month that will boost the price? Anyways nevermind Im not serious to that question lol.

In the current price movement like this after the big event that most of here in the community is expecting, hopefully all those halving fanatics learn some nice lesson that halving alone won't make the price increase. There are lots of post prior to the halving eta about big expectations and big increase "right after" halving. Yes they think an instant price increase once halving has come.

socks435

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Quote from: Sanguintan on July 18, 2016, 12:13:03 PM

I do not see any reason to sell at the moment. The price of the bitcoin is still very low compared to the future price.

Even a month ago the price is 700 above and the price right now still not increase back to that price.. block halving is done but the price is gradually increase i dont know when the price will increase again in touch in 700 value.. but i believe this december we will see a large pump this coming december..

Sanguintan

full member

Activity: 191

Merit: 100

I do not see any reason to sell at the moment. The price of the bitcoin is still very low compared to the future price.

TrueCryptonaire

legendary

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Merit: 1000

Quote from: Amph on July 17, 2016, 02:16:36 AM

Quote from: TrueCryptonaire on July 16, 2016, 08:03:06 PM

Never sell, just buy and hodl and see how the supple vs. demand will work hard for you. Kiss

i'm using the "generate and use, instead of buying and hodl" but i'm using my coin only to generate more than what i have, it working good so far

this is the time for accumulation because when bitcoin will reach mainstream status, it will be very hard to get even 0.1

I was lucky enough today to get 0.80 btc for 675 usd range in addition to my stack.
I am not generating more coins (except lending in Poloniex a few bitcoins on interest). By trading, as someone mentioned earlier, the chances of loss are real.
Selling causes only tax consequences, so better not to sell but waite until bitcoin is mainstream and the legislators and regulators will understand bitcoin and make more reasonable tax laws, for instance, you need to pay capital gain tax if you spend bitcoins in my country (which is crazy and causes a lot of headache if I used bitcoins in everyday live).
I agree with the fact that not 22 million person on planet earth can own 1 btc simultaneously since the coins are very limited in issuance.

Amph

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Quote from: TrueCryptonaire on July 16, 2016, 08:03:06 PM

Never sell, just buy and hodl and see how the supple vs. demand will work hard for you. Kiss

i'm using the "generate and use, instead of buying and hodl" but i'm using my coin only to generate more than what i have, it working good so far

this is the time for accumulation because when bitcoin will reach mainstream status, it will be very hard to get even 0.1

Wind_FURY

legendary

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Merit: 1823

Quote from: helloeverybody on July 03, 2016, 02:40:12 PM

I have concerns about lots of people exiting bitcoin once they reach a target before or after the halving, what price will you cash out or will you hold strong?

The major risk of cashing out is that the train doesnt stop and you get left behind.

I read an article where an economist said that 1 btc could reach $100,000. I don't know about you but I will hold all my bitcoins for now. The only reason I will spend my coins is if I really need the money but otherwise this is my savings.

arwin100

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Quote from: maydna on July 16, 2016, 10:32:30 PM

half will be sell and half will be hold, while watch the chart and news and will see whats going happen with demand and supply.

Some of people really already sold their btc for those past months thats why we see sudden price down even though halving is still on the way and i can say that happening is good since we can still see the price is high and not be dump after the halving is done, and for seeing the chart really now price might be stable since the bitcoins are flowing back to its original shape in the markets.

Sniper44

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Activity: 714

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i don't know about others but i plan to hold my bitcoins in my cold storage wallet for at least a couple of years. and in the meantime i only spend what i need with bitcoin, like what i do in my investments and gamblings but in general i don't have a price in mind to sell at but instead i am looking for the time when bitcoin is most popular so i can actually spend it everywhere.

maydna

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half will be sell and half will be hold, while watch the chart and news and will see whats going happen with demand and supply.

JogerMax

newbie

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Merit: 0

Quote from: helloeverybody on July 03, 2016, 02:55:34 PM

Quote from: dezoel on July 03, 2016, 02:50:42 PM

My primary target was to sell at the price of $800 but now I don't think that it will happen soon, so even if it touches the price of $750 I will sell my coins.

I wonder if it will be the majority of hero and Legendary members that will cash out at these level as most may have bought at high ammounts and even more might own at least 100 or maybe 1000 and think it's a good amount to cash out to.

Good answer brother. People need to consider all the variables before doing anything.

panju1

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Quote from: TrueCryptonaire on July 16, 2016, 08:03:06 PM

Never sell, just buy and hodl and see how the supple vs. demand will work hard for you. Kiss

Yes, by trading you might make small gains once in a while. But there is always a possibility that you will miss out on that bull run. True holders won't

TrueCryptonaire

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Never sell, just buy and hodl and see how the supple vs. demand will work hard for you. Kiss

universe_

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Quote from: MFahad on July 16, 2016, 09:05:23 AM

Quote from: helloeverybody on July 03, 2016, 02:40:12 PM

I have concerns about lots of people exiting bitcoin once they reach a target before or after the halving, what price will you cash out or will you hold strong?

The major risk of cashing out is that the train doesnt stop and you get left behind.

Now i have sell my bitcoins already on the halving day, because i thought that may be after the halving price suddenly done, but it never happen, so i have total 4 btcs, and 2 bitcoins i sell it on the halving day and the other i am selling it day to day.

though i doubt that it was such a good idea to sell all your bitcoins before the halving because you will not have a great chance to make some money later

BitcoinHodler

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HODLing is an art, not just a word...

Quote from: helloeverybody on July 03, 2016, 02:40:12 PM

I have concerns about lots of people exiting bitcoin once they reach a target before or after the halving, what price will you cash out or will you hold strong?

The major risk of cashing out is that the train doesnt stop and you get left behind.

i think many of investors were considering to sell after the halving because of the fear of crash and the amount of FUD that is always being spread at these key moments in the market.

but those who were wise waited to see how things shape out to be like after halving so now i think they are all waiting to see which way we go and then decide to sell or hold.

MFahad

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Quote from: helloeverybody on July 03, 2016, 02:40:12 PM

I have concerns about lots of people exiting bitcoin once they reach a target before or after the halving, what price will you cash out or will you hold strong?

The major risk of cashing out is that the train doesnt stop and you get left behind.

Now i have sell my bitcoins already on the halving day, because i thought that may be after the halving price suddenly done, but it never happen, so i have total 4 btcs, and 2 bitcoins i sell it on the halving day and the other i am selling it day to day.

Topic: How many people are considering selling after the halving? (Read 1898 times)