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Topic: I locked the profit - SOLD ALL COINS (Read 3881 times)

sr. member
Activity: 447
Merit: 250
June 21, 2016, 06:18:16 PM
#80
Sold all today.  Opened shorts at 645-650.

FYI:

Closed my short position today. Sold big chunk around 750 USD. Average sold price above 720 USD. Calculate profit yourself...

This thread is an example how much people DON'T KNOW.  At the end only money in pocket counts.

Bitcoin is still trading above 650. How much did you lose?
people are losing a lot at the moment if they invested at around 750 dollars per bitcoin

though its a bad idea to sell now because in my opinion bitcoin might come back to previous heights pretty soon
sr. member
Activity: 588
Merit: 251
June 21, 2016, 06:15:22 PM
#79
What are your intention with bitcoins. If it is to make money, well buy when low and sell when high. ow seems to be 300 400 maybe in a 2 yr window. High is anything north of 500. I doubt it will ever reach 1000 agai, well at least this decade. I think its market vaule should be around 600.
hero member
Activity: 658
Merit: 503
Bear with me
June 21, 2016, 05:55:10 PM
#78
Sold all today.  Opened shorts at 645-650.

FYI:

Closed my short position today. Sold big chunk around 750 USD. Average sold price above 720 USD. Calculate profit yourself...

This thread is an example how much people DON'T KNOW.  At the end only money in pocket counts.

Bitcoin is still trading above 650. How much did you lose?
legendary
Activity: 896
Merit: 1000
June 21, 2016, 02:06:32 PM
#77
FYI:

Closed my short position today. Sold big chunk around 750 USD. Average sold price above 720 USD. Calculate profit yourself...

This thread is an example how much people DON'T KNOW.  At the end only money in pocket counts.

exactly that! that's why i am glad i secured profits with a good portion of my coins between $730-$760 as that was a fantastic price to sell at. i didn't need to think twice about securing profits at such prices.
ask
legendary
Activity: 1386
Merit: 1004
June 21, 2016, 01:58:20 PM
#76
FYI:

Closed my short position today. Sold big chunk around 750 USD. Average sold price above 720 USD. Calculate profit yourself...

This thread is an example how much people DON'T KNOW.  At the end only money in pocket counts.
hero member
Activity: 770
Merit: 500
Forza Roma
June 15, 2016, 09:45:07 AM
#75
Sold my coins today.  Bitcoin is overbought now.
I think that you should never sell all of your coins at once because there is always a chance that the price is going up after you have sold. So you miss out on some money.
sr. member
Activity: 271
Merit: 250
June 15, 2016, 08:43:50 AM
#74
Taking profits is ok.
But why posting and telling everybody that you've done so?
To me this seems to be an attempt to influence others to do what he said, he has done.
But do you know if this is true?Maybe he just wants to get cheaper coins for more accumulation?!
Always try to question why and when others here doing or saying something! Wink

Information is money. Use it or ignore it.
You must need some patience in Bitcoin if you want to make profit and that is the most important thing otherwise you are not to be able to make any profit with it and that is bad.
But around this time the best thing that you can do is holding and that is important and sell it maybe next year.
hero member
Activity: 588
Merit: 500
June 15, 2016, 07:51:52 AM
#73
Sold my coins today.  Bitcoin is overbought now.

Good timing but ealiar, if you wait for a few weeks so definitely you will get more profit, but that is your bitcoins and you know better for them.
In this forum, most of the members are holding their bitcoins because of halving, because everyone can get good profit from it. so better for us, wait for that moment of the halving.   
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
June 15, 2016, 07:35:04 AM
#72
If you believe that you made the right decision by selling, then good for you.

Sold all today.  Opened shorts at 645-650.
Bitcoin is trading at 670 - 700 at the moment...

It is hard for anyone to call the top exactly - he is only about $20 out. If he made real profit on selling, good on him. Better to be in that position than holding on too long and seeing paper profits evaporate.
legendary
Activity: 896
Merit: 1000
June 15, 2016, 07:08:10 AM
#71
I hope you're happy with your worthless fiat.

meanwhile we are getting ready to leave with the rocket, and laugh at all your inflation and the corruption of banks.
But I feel those who are thinking holding till moon they are in dream. They think using their 1 BTC they will buy whole earth. If you want to take more profit hold your bitcoin. Remember 2013 or later and now only bitcoin make fun again. We lost 3 years to bitcoin to reproduce it's faith again.

well, some people seriously believe one bitcoin to become worth like $100,000-$1,000,000 in the far future. and yes, this is a far fetched dream that most likely never becomes reality.
legendary
Activity: 1232
Merit: 1029
June 15, 2016, 07:00:51 AM
#70
I hope you're happy with your worthless fiat.

meanwhile we are getting ready to leave with the rocket, and laugh at all your inflation and the corruption of banks.
But I feel those who are thinking holding till moon they are in dream. They think using their 1 BTC they will buy whole earth. If you want to take more profit hold your bitcoin. Remember 2013 or later and now only bitcoin make fun again. We lost 3 years to bitcoin to reproduce it's faith again.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
June 14, 2016, 09:16:05 PM
#69
hey im no expert but i consider OP's decision a smart one. a profit is a profit. enjoy it and dont regret if it still goes up later. if the trend still proves strong i would maybe buy some to day trade with from the nice stash you have now. its also a good idea to leave some and not sell all as others have said here. so you dont fully miss out just in case. looking at the charts it looks to me like the momentum is not as strong now. lets not forget that a good part of this upward movement is from hyped up masses who donk know much about crypto. just my 2 satoshis

Taking profits is ok.
But why posting and telling everybody that you've done so?
To me this seems to be an attempt to influence others to do what he said, he has done.
But do you know if this is true?Maybe he just wants to get cheaper coins for more accumulation?!
Always try to question why and when others here doing or saying something! Wink

same reasoning could be applied to question why people are posting that they are bullish about btc, holding till moon, etc.
legendary
Activity: 1067
Merit: 1000
June 14, 2016, 09:14:58 PM
#68
Sold my coins today.  Bitcoin is overbought now.

Sold a little early, isn't it?
full member
Activity: 252
Merit: 100
June 14, 2016, 09:10:32 PM
#67
Bullshit walks, money talks.

Up we go, Yeah Smiley
LOL yes it does. That's why the weak hands are walking with their weak profit. They'll see they made a big mistake and left much money behind Cheesy
hero member
Activity: 658
Merit: 503
Bear with me
June 14, 2016, 09:07:08 PM
#66
If you believe that you made the right decision by selling, then good for you.

Sold all today.  Opened shorts at 645-650.
Bitcoin is trading at 670 - 700 at the moment...
ask
legendary
Activity: 1386
Merit: 1004
June 14, 2016, 11:10:21 AM
#65
Where is optimism now? Where are buyers?

ALL GONE.
ask
legendary
Activity: 1386
Merit: 1004
June 14, 2016, 10:25:19 AM
#64
Taking profits is ok.
But why posting and telling everybody that you've done so?
To me this seems to be an attempt to influence others to do what he said, he has done.
But do you know if this is true?Maybe he just wants to get cheaper coins for more accumulation?!
Always try to question why and when others here doing or saying something! Wink

Information is money. Use it or ignore it.
newbie
Activity: 39
Merit: 0
June 14, 2016, 10:22:40 AM
#63
i'm gonna ride the train & see where its gonna take me. hopefully not back to 500 lol
legendary
Activity: 1442
Merit: 1016
June 14, 2016, 10:21:20 AM
#62
hey im no expert but i consider OP's decision a smart one. a profit is a profit. enjoy it and dont regret if it still goes up later. if the trend still proves strong i would maybe buy some to day trade with from the nice stash you have now. its also a good idea to leave some and not sell all as others have said here. so you dont fully miss out just in case. looking at the charts it looks to me like the momentum is not as strong now. lets not forget that a good part of this upward movement is from hyped up masses who donk know much about crypto. just my 2 satoshis

Taking profits is ok.
But why posting and telling everybody that you've done so?
To me this seems to be an attempt to influence others to do what he said, he has done.
But do you know if this is true?Maybe he just wants to get cheaper coins for more accumulation?!
Always try to question why and when others here doing or saying something! Wink
ask
legendary
Activity: 1386
Merit: 1004
June 14, 2016, 10:16:24 AM
#61
Bullshit walks, money talks.

Up we go, Yeah Smiley
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