Topic: I&#039;m not gonna sell any coin. - page 59. (Read 132693 times)

Quote from: co5hike on May 04, 2016, 04:45:36 PM

Well i havent no option besides sell a part of my coins,in the case bitshares,droped 50% and i needed the money to fund mine project,soo i lost the 50% but well i can invest once again .

That's a bad side of holding the bitcoins that you have. Because you don't what will happen in your personal life.
And if there's an emergency happenings you need to withdraw it.

It depends on how many coins you have.If you have more than 10,investing half of them or trading would be a good option to make some quick profit but If you have less than 10,save all of them for future

Saving is good thing, but if you need money in case of any emergency then I think you should sell a part of it and rest keep safe for the future.

Of course... what use are your coins if you can't use them in an emergency?
You can always repurchase them by earning fiat after the emergency.

Very rightly said, we are earning so that we can spend when we need it, as only holding will result in depreciating the price of bitcoin in long run.

pitham1

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Well i havent no option besides sell a part of my coins,in the case bitshares,droped 50% and i needed the money to fund mine project,soo i lost the 50% but well i can invest once again .

That's a bad side of holding the bitcoins that you have. Because you don't what will happen in your personal life.
And if there's an emergency happenings you need to withdraw it.

It depends on how many coins you have.If you have more than 10,investing half of them or trading would be a good option to make some quick profit but If you have less than 10,save all of them for future

Saving is good thing, but if you need money in case of any emergency then I think you should sell a part of it and rest keep safe for the future.

Of course... what use are your coins if you can't use them in an emergency?
You can always repurchase them by earning fiat after the emergency.

Doms

hero member

Activity: 714

Merit: 500

Well i havent no option besides sell a part of my coins,in the case bitshares,droped 50% and i needed the money to fund mine project,soo i lost the 50% but well i can invest once again .

That's a bad side of holding the bitcoins that you have. Because you don't what will happen in your personal life.
And if there's an emergency happenings you need to withdraw it.

It depends on how many coins you have.If you have more than 10,investing half of them or trading would be a good option to make some quick profit but If you have less than 10,save all of them for future

That is why it is not a good thing to put everything you have in a single investment. Chances are, you are going to withdraw some of it, when an unforeseen event happens, and you need to withdraw even at a loss. That loss can still be recouped with trading but that is not a sure thing.

co5hike

hero member

Activity: 798

Merit: 1000

Well i havent no option besides sell a part of my coins,in the case bitshares,droped 50% and i needed the money to fund mine project,soo i lost the 50% but well i can invest once again .

That's a bad side of holding the bitcoins that you have. Because you don't what will happen in your personal life.
And if there's an emergency happenings you need to withdraw it.

It depends on how many coins you have.If you have more than 10,investing half of them or trading would be a good option to make some quick profit but If you have less than 10,save all of them for future

Saving is good thing, but if you need money in case of any emergency then I think you should sell a part of it and rest keep safe for the future.

Wapinter

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Activity: 2688

Merit: 1026

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Well i havent no option besides sell a part of my coins,in the case bitshares,droped 50% and i needed the money to fund mine project,soo i lost the 50% but well i can invest once again .

That's a bad side of holding the bitcoins that you have. Because you don't what will happen in your personal life.
And if there's an emergency happenings you need to withdraw it.

It depends on how many coins you have.If you have more than 10,investing half of them or trading would be a good option to make some quick profit but If you have less than 10,save all of them for future

BitcoinPaw

sr. member

Activity: 588

Merit: 250

Quote from: chaser15 on May 04, 2016, 08:06:32 AM

Well i havent no option besides sell a part of my coins,in the case bitshares,droped 50% and i needed the money to fund mine project,soo i lost the 50% but well i can invest once again .

That's a bad side of holding the bitcoins that you have. Because you don't what will happen in your personal life.
And if there's an emergency happenings you need to withdraw it.

If for real better to hold now cause of halving. Makeing profti from nothing is always good and you guys have a good opportunity, don't waste it.

dezoel

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Quote from: jamesl22 on May 04, 2016, 08:02:48 AM

Quote from: jamesl22 on May 04, 2016, 08:02:48 AM

Well i havent no option besides sell a part of my coins,in the case bitshares,droped 50% and i needed the money to fund mine project,soo i lost the 50% but well i can invest once again .

I think you did the right thing by selling a part of it to help your project, as I also feel that you should keep on spending your coins if you are in need of hard cash.

Well with no doubt, that's why we keep on getting and accumulating bitcoin is because of money. So regardless what the price is, as long as we need money, we have to sell our coins. How can holding help us if we really need that money. And Im agree for his view at the last part of his post, "I can invest once again" to get back on the flow.

Yes and I think that is the best strategy to follow and the best way to play with your coins, sell it at the time of emergencies or just hold for next few months.

chaser15

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Well i havent no option besides sell a part of my coins,in the case bitshares,droped 50% and i needed the money to fund mine project,soo i lost the 50% but well i can invest once again .

I think you did the right thing by selling a part of it to help your project, as I also feel that you should keep on spending your coins if you are in need of hard cash.

Well with no doubt, that's why we keep on getting and accumulating bitcoin is because of money. So regardless what the price is, as long as we need money, we have to sell our coins. How can holding help us if we really need that money. And Im agree for his view at the last part of his post, "I can invest once again" to get back on the flow.

jamesl22

sr. member

Activity: 392

Merit: 250