Sell Everything? - page 48. | Bitcointalksearch.org

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Quote from: Shibashi Dogemoto on May 19, 2016, 09:53:43 AM

I will not sell at this stage as it will not give me additional profits that I am looking for, I will prefer to hold it for next couple of years and will sell when price goes higher.

Well, this is not the right time to make the selling rather than an emergency. No need to hold for such a long time as there is no assurance about the increase or decrease in price after years.

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Quote from: Scream on May 19, 2016, 09:57:43 AM

Quote from: Shibashi Dogemoto on May 19, 2016, 09:53:43 AM

I will not sell at this stage as it will not give me additional profits that I am looking for, I will prefer to hold it for next couple of years and will sell when price goes higher.

it was clear there would be no advantage to sell at this stage, but you'll be regret, when you saw the price goes above 500 when halving.

So what's to regret if price goes above $500 at halving? I didn't get you what you are trying to say, majority of people are waiting to sell their coins when it reaches $500.

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Quote from: tabas on May 19, 2016, 02:12:29 AM

Quote from: NewInCryptoCurrency on May 10, 2016, 05:18:21 AM

Why sell everything, you never know what is going to happen to the price next so it might be possible for you to make even more money if you wait just a bit longer then usual.

Yeah that's true, still you need to consider if you really want to sell and think again twice if that would benefit you in selling btc.
But if the thing is if there is an emergency and you need to sell it then we need to consider that also.

There are a lot of people that is selling not around this time and that is because they know already that the value will be more worth soon in the future and that is nice.
Of course we cant know that for sure but that is just a prediction and you need also to take some risks when you want to earn money with it.

It will be not that easy to earn some profit with it otherwise everyone will be rich.

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Quote from: Shibashi Dogemoto on May 19, 2016, 09:53:43 AM

I will not sell at this stage as it will not give me additional profits that I am looking for, I will prefer to hold it for next couple of years and will sell when price goes higher.

it was clear there would be no advantage to sell at this stage, but you'll be regret, when you saw the price goes above 500 when halving.

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I will not sell at this stage as it will not give me additional profits that I am looking for, I will prefer to hold it for next couple of years and will sell when price goes higher.

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That's the thing one would do before an economic crisis.

We are near an economic crisis at the time being. It is now more than 7 years after the 2008 crash. (And before 2008, it was 2001) USD/EUR is like a rollercoaster. Nobody wants to have the strongest currency at the moment so they are sharing turns. (strong currency means weak export, and the world ecomomy is depending on strong export)

One day Dollar is strong, the other day EUR, the other day Yen... Crash incoming.

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Quote from: tyz on May 19, 2016, 08:24:11 AM

Well, it always depends on the buying price. Around one year ago the Bitcoin price was only the half of the current price. If someone bought some Bitcoins at this time, that he or she could make a nice profit now.

Quote from: Lokfar on May 09, 2016, 10:08:54 AM

Selling will be not the best thing that you can do that is because the value is not even that high that you can earn a lot of profit with it and that is the problem.
As you can see now you see also that the value is going to be more worth in the future and that would be perfect.

Yeah I bought at $220 last year in the month of April, and I sold some part of it when it crossed $450 mark and made some profits from it.

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Quote from: tyz on May 19, 2016, 08:24:11 AM

Well, it always depends on the buying price. Around one year ago the Bitcoin price was only the half of the current price. If someone bought some Bitcoins at this time, that he or she could make a nice profit now.

Sadly, there are a lot of people here that are strongly tied to the fiat world. These people do not understand that Bitcoin is superior money. Selling it for fiat without an urgent need is stupidity.

Luckily, the great majority of these trader-type Bitcoin speculators will generate massive negative returns on their activity. Some might learn from it and maybe start thinking about the reason of why Bitcoin was created in the first place...

Sometimes, I miss Bitcoin's good old days... Cry

ya.ya.yo!

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Well, it always depends on the buying price. Around one year ago the Bitcoin price was only the half of the current price. If someone bought some Bitcoins at this time, that he or she could make a nice profit now.

Quote from: Lokfar on May 09, 2016, 10:08:54 AM

Selling will be not the best thing that you can do that is because the value is not even that high that you can earn a lot of profit with it and that is the problem.
As you can see now you see also that the value is going to be more worth in the future and that would be perfect.

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Quote from: tabas on May 19, 2016, 02:12:29 AM

Quote from: NewInCryptoCurrency on May 10, 2016, 05:18:21 AM

Why sell everything, you never know what is going to happen to the price next so it might be possible for you to make even more money if you wait just a bit longer then usual.

Yeah that's true, still you need to consider if you really want to sell and think again twice if that would benefit you in selling btc.
But if the thing is if there is an emergency and you need to sell it then we need to consider that also.

It's very simple. If there is no reason to sell and you don't need the money in your personal life, then just keep holding. If as you also said in emergency situations that you will badly need the money, then cash out. Only if you made a more than decent profit of at least $70-$100 per coin, then you can choose to secure profits. Some people even sell for a profit of $10-$20 which I find to be a waste of time.

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Quote from: bearex on January 12, 2016, 04:25:52 PM

I guess we will see everything fall and bitcoin rise Cheesy

I dont think it will drop below 400 in the next 8 months.

At some point in your Bitcoin carreer you have to sell otherwise you are not going to maker any money. Most people wait for a couple years until they are going to sell, I like to sell some coins in the mean time.

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Quote from: NewInCryptoCurrency on May 10, 2016, 05:18:21 AM

Why sell everything, you never know what is going to happen to the price next so it might be possible for you to make even more money if you wait just a bit longer then usual.

Yeah that's true, still you need to consider if you really want to sell and think again twice if that would benefit you in selling btc.
But if the thing is if there is an emergency and you need to sell it then we need to consider that also.

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Quote from: jaysabi on May 19, 2016, 12:29:30 AM

Eth is a currency that continues to confound me. There are certainly more people buying that coin than selling it.

Yeah! That's apparent with its current price now, its value is abruptly increasing, however I would not trust its current value today because it was just driven by the hype effect of the coming release of DAO.

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Eth is a currency that continues to confound me. There are certainly more people buying that coin than selling it.

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Why sell everything, you never know what is going to happen to the price next so it might be possible for you to make even more money if you wait just a bit longer then usual.

Lokfar

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Selling will be not the best thing that you can do that is because the value is not even that high that you can earn a lot of profit with it and that is the problem.
As you can see now you see also that the value is going to be more worth in the future and that would be perfect.

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This is not the right time to sell, I think we need to wait little longer to gain higher profits, if you sell now the profit margin would be too low.

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Quote from: knowhow on May 07, 2016, 08:54:26 PM

Quote from: Akupuniard on May 07, 2016, 02:55:26 PM

I am gonna sell almost everythin after halving to make good money from it, maybe bitcoin will got more money later. No reason to sell something before halving.

There are some altcoins that already lost 50% their value and keep decreasin ,its normal people dump thos altcoins and focus into get the more bitcoin as possible if converting back to btc is the way people would do,i believe the exchanges next two months will show atleast almost all altcoins loosing around 30% their value.

As you can see you see that there are more people that is getting more profit because they have the patience for it and that is perfect.
But of course it is hard to know the right moment to sell it.

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A deflationary collapse is pretty much inevitable, with Ben Bernanke overreacting and printing trillions of dollars and dropping 'em like a helicopter Wink

Either way, I think that's pretty good advice. Real estate and stock markets are gunna crash. But after that, there will be hyperinflation.

Just be aware.

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Quote from: JohnyWalkerUK on May 09, 2016, 05:45:11 AM

You must sell everything when you are for sure that you can make money with it otherwise it will be sin for you and that is bad if you are selling it with a low value.
So it can also takes a long time until the value will be more worth.

Why should you sell everything, its not smart right now because the fact, is that the halving is coming this year and the price will rise for sure.

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