Sell Everything? - page 34. | Bitcointalksearch.org

Apened

hero member

Activity: 1386

Merit: 504

Quote from: Aamir1 on September 12, 2016, 01:31:29 PM

Selling everything is never a good choice even if the price is higher then what it is now, if you have 5 bitcoin you should just sell 2 or 3 of them when the price is quite high and you need money and keep something still because you never know what if the price grows even higher in coming time?

It depends on the what you buy after you sell the bitcoin. If you bought Monero in the past month, you have made good profits.

socks435

legendary

Activity: 2030

Merit: 1030

Privacy is always important

Quote from: Aamir1 on September 12, 2016, 01:31:29 PM

Selling everything is never a good choice even if the price is higher then what it is now, if you have 5 bitcoin you should just sell 2 or 3 of them when the price is quite high and you need money and keep something still because you never know what if the price grows even higher in coming time?

Yeah just always do a backup if the price is high right now sell some of your bitcoins already made a profit when the price of bitcoin is below 600. you should not sell of them just do backup 2 or 3 btc so that if the price of bitcoin will continues increase you can be still make a good profit.. and wait again for the price dump and do repeat it..

Aamir1

hero member

Activity: 756

Merit: 500

Selling everything is never a good choice even if the price is higher then what it is now, if you have 5 bitcoin you should just sell 2 or 3 of them when the price is quite high and you need money and keep something still because you never know what if the price grows even higher in coming time?

danherbias07

legendary

Activity: 3262

Merit: 1130

Leading Crypto Sports Betting & Casino Platform

Quote from: MaritiJames3 on September 12, 2016, 05:53:29 AM

I do not think that selling is the solution to be honest because the bitcoin still has a good future and it will gain numbers in the future without any doubts, its just a matter of time before it will be done.
We should not sell anything but just wait and have some patient.

That is the right thing. But if someone really needed it dont hesitate to sell. Still life is better when we feel our income. It is still just money. Just like saving you need to withdraw some o it if you want something to buy.

MaritiJames3

sr. member

Activity: 448

Merit: 250

I do not think that selling is the solution to be honest because the bitcoin still has a good future and it will gain numbers in the future without any doubts, its just a matter of time before it will be done.
We should not sell anything but just wait and have some patient.

dezoel

legendary

Activity: 2044

Merit: 1075

Leading Crypto Sports Betting & Casino Platform

Quote from: Positid on September 12, 2016, 03:55:33 AM

Quote from: danherbias07 on September 12, 2016, 03:51:15 AM

Quote from: peta4e on September 12, 2016, 02:49:35 AM

Quote from: arwin100 on September 12, 2016, 02:18:45 AM

Quote from: jaysabi on September 11, 2016, 02:18:21 PM

Quote from: JumperX on September 11, 2016, 04:38:24 AM

Quote from: richardsNY on September 10, 2016, 11:06:39 PM

Quote from: isoneguy on September 10, 2016, 10:25:49 PM

While holding bitcoins allows you to sell them at an increase in value. I feel that it is important to remember that making purchases with bitcoin strengthens the economy the bitcoin is based on.

So accrue wealth, yes...but that wealth is nothing without purchases being made.

Save a little...spend a little.

Spending coins is a great incentive for merchants to accept Bitcoin as payment option as they see there is demand for it, but in order to make people spend, there must be enough interesting stuff that you can buy with Bitcoin. People must buy things when they need it, and not make any impulsive purchases just because you have the feeling that you must spend your coins.

Yeah buying unnecessary things with bitcoin will not serve the purpose as it will waste your coins, so till you don't find places to buy important things, its better to save them for future.

Who cares what the reason is for spending coins? If it's impulsive buying or buying out of need, it makes no difference to the bitcoin ecosystem. If the thesis is that spending coins is good for bitcoin adoption, it makes no difference the reason for the spending.

Thats the used of it and it only depends on user on how he deal with his coin and it is his decision if he want to sold it or he just gonna hold it for more years, but in my case i don't care really on what price i would sell my bitcoins since i am not a fan of holding it more longer and my hard earned coins ar basically sold on weekly basis depends on my allowance need or if i habe to buy something wich is i like.

If price exceeds your entry price then its better to sell them off and secure the profits instead of holding them too long as you can re buy them when price again drops in the future.

Yes patience is really a key here. Sometimes the price drop takes a little time and you will have to be monitoring it. I think there are some applications right now that alarms whenever it hits your preferred amount.

There is and you can use that in order for you not to focus on looking the price on a regular basis, you can use that either you will be investing for a short term or long term and even when you are a trader, that is very useful and I think many traders are already using it.

That is true but you cannot afford to sell all your coins at once, its always good to sell them in installments and keep some of them for future as you never know what price it will hold in future.

Positid

sr. member

Activity: 378

Merit: 250

BULL RUN until 2030