Sell or wait? - page 24. | Bitcointalksearch.org

richardsNY

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Quote from: cryp24x on April 25, 2017, 05:47:15 PM

Same reason when it goes up, why risk selling it now when it will increase in a few weeks by $20 to $30. So the decision depends on the holder, if he has a target price then it will be great if he can attain that target price when he encash.

Point that I tried to make -- when you have made a decent profit, that waiting for the price to increase $20-$30 more is basically peanuts. I rather prefer to secure a certain part of my profits at given price, than waiting for the price to increase a few bucks, where I risk seeing the price go down. If the price happens to go up further, I have enough coins left to benefit from that increase. If the price goes down, I can use the fiat from the profits I secured to buy back at lower levels.

cryp24x

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Quote from: richardsNY on April 25, 2017, 03:05:05 PM

Quote from: DarkIT on April 25, 2017, 01:24:21 PM

Well, the current price is very high. Maybe selling at this time will not make you disappointed, because the price of bitcoin is currently really very high. But, if you're a little patient, it's possible the bitcoin price will rise to over $ 1300. Well, but if you really need money, there's no harm in selling it right now.

It doesn't really make sense to wait with cashing out till the price goes to $1300 or slightly above that level. If you want to cash out right now at nearly $1280 then it would be wise to do so right now. If you wait too long, you'll risk seeing the price go down, and for what? It's just a $20-$30 difference. Difference is too insignificant to wait for. If you want to cash out profits, then do it right now, if not, then keep holding. It's not that difficult.

Same reason when it goes up, why risk selling it now when it will increase in a few weeks by $20 to $30. So the decision depends on the holder, if he has a target price then it will be great if he can attain that target price when he encash.

richardsNY

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Quote from: DarkIT on April 25, 2017, 01:24:21 PM

Well, the current price is very high. Maybe selling at this time will not make you disappointed, because the price of bitcoin is currently really very high. But, if you're a little patient, it's possible the bitcoin price will rise to over $ 1300. Well, but if you really need money, there's no harm in selling it right now.

It doesn't really make sense to wait with cashing out till the price goes to $1300 or slightly above that level. If you want to cash out right now at nearly $1280 then it would be wise to do so right now. If you wait too long, you'll risk seeing the price go down, and for what? It's just a $20-$30 difference. Difference is too insignificant to wait for. If you want to cash out profits, then do it right now, if not, then keep holding. It's not that difficult.

dirokkl

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Quote from: DarkIT on April 25, 2017, 01:24:21 PM

Well, the current price is very high. Maybe selling at this time will not make you disappointed, because the price of bitcoin is currently really very high. But, if you're a little patient, it's possible the bitcoin price will rise to over $ 1300. Well, but if you really need money, there's no harm in selling it right now.

If you urgently need money, then you can sell some of the coins. And if the opportunity allows, then you can leave some coins for the future, there are good prospects.

DarkIT

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Well, the current price is very high. Maybe selling at this time will not make you disappointed, because the price of bitcoin is currently really very high. But, if you're a little patient, it's possible the bitcoin price will rise to over $ 1300. Well, but if you really need money, there's no harm in selling it right now.

stadus

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Quote from: revans on April 24, 2017, 09:13:50 PM

Quote from: MB boss on April 24, 2017, 05:41:36 PM

Quote from: nethan1btc on April 19, 2017, 10:44:03 PM

Actually it's not a problem if you sell your stock when your see it's the right time to do it, as long as you gain profit from it. But if ever you are not certain with the decision then you must wait for a long period of time so that price continually rise high and there you are going to sell your stocks that you hold for several days.

Not all people are able to decide that which time is better for to sell his coin and what the best time is to buy more and hold that is why I will suggest that in this time it is not good to sell your coins because the price of bitcoin is increasing keep your coins holding for more longer and the time will come when it will be at more than $1500.

Bitcoins will surely achieve that price in coming months so it would be really good to hold them for next couple of months and sell t hem when its allowing you to make even higher profits as the profit margin will be low if you sell them at this price.

Don't fight against the trend, if you have a good chance to buy more bitcoins do it now, the price is rising and I don't think it will dump soon. It will continue to rise but make sure you are updated so you will know when to sell you bitcoin, the moment it starts to dump, it's a good time to sell, with that method you can make easy money in a short term period of time.

Mikkatronic

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Just Hold! Wink

revans

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Quote from: MB boss on April 24, 2017, 05:41:36 PM

Quote from: nethan1btc on April 19, 2017, 10:44:03 PM

Actually it's not a problem if you sell your stock when your see it's the right time to do it, as long as you gain profit from it. But if ever you are not certain with the decision then you must wait for a long period of time so that price continually rise high and there you are going to sell your stocks that you hold for several days.

Not all people are able to decide that which time is better for to sell his coin and what the best time is to buy more and hold that is why I will suggest that in this time it is not good to sell your coins because the price of bitcoin is increasing keep your coins holding for more longer and the time will come when it will be at more than $1500.

Bitcoins will surely achieve that price in coming months so it would be really good to hold them for next couple of months and sell t hem when its allowing you to make even higher profits as the profit margin will be low if you sell them at this price.

MB boss

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Quote from: nethan1btc on April 19, 2017, 10:44:03 PM

Actually it's not a problem if you sell your stock when your see it's the right time to do it, as long as you gain profit from it. But if ever you are not certain with the decision then you must wait for a long period of time so that price continually rise high and there you are going to sell your stocks that you hold for several days.

Not all people are able to decide that which time is better for to sell his coin and what the best time is to buy more and hold that is why I will suggest that in this time it is not good to sell your coins because the price of bitcoin is increasing keep your coins holding for more longer and the time will come when it will be at more than $1500.

richardsNY

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Quote from: Jrock on April 24, 2017, 10:44:30 AM

I don't have any plan to sell them at a moment as I am very much sure that bitcoin will reach to the price of $1500 very soon and once it achieves that price I will start selling my coins as that would be the best price to sell bitcoins.

It depends on the exchange. At this point the only exchange that might go through a serious price increase is Bitfinex due to all the withdrawal problems they are experiencing. Main point is that if the price at Bitfinex happens to reach such prices, that it won't have any value as it isn't the result of legit demand. Just wait for it -- if things go somewhat back to normal, the price will come down like 10% directly.

giveen

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Quote from: BigBos on April 15, 2017, 12:00:29 PM

I had thought that the sell when the price of bitcoin is now going to be very profitable. but, seeing bitcoin prices continue to rise slowly, making me think to hold bitcoin I have had in a very long time, probably about one year, because it might actually be a huge advantage.

Just hold your coins don't even think about selling any of your , i agree currently the price is growing really slowly compared to past. If you notice in a share market also price increases slowly itself so think bitcoin as a share market as we can't always expect it to grow 200$ a week.

Jrock

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I don't have any plan to sell them at a moment as I am very much sure that bitcoin will reach to the price of $1500 very soon and once it achieves that price I will start selling my coins as that would be the best price to sell bitcoins.

atronite

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Quote from: BitcoinPC on April 23, 2017, 11:58:57 PM

Quote from: Fireblade on April 20, 2017, 06:22:39 PM

Quote from: Jingjess on April 20, 2017, 12:01:25 AM

Selling istead of waiting...sell to spread the market and more possible income..

i am not in favour of selling bitcoins in present time, because we have waited for such a long time for the price of bitcoin to increase, and in present time we can see that the price of bitcoin start increasing, therefore i think it is important for some more time as it is expected that very soon the price of bitcoin is going to cross 1500 USD level.

I know why you are telling us, because you know in future and also in coming time bitcoin will be reached at more price, than definitely, it give us more profit. But you know, not everyone holding bitcoins for a long time. Mostly people use the bitcoins for short term profit like trading, they buy it in a low price and when they see now bitcoin give them double price than they sell it.
But i also with you, because now i prefer to wait not sell the bitcoins right now.

People who are interested in short term profits will keep on buying and selling their coins with each and every fluctuations to make quick profits but those who treat bitcoin as a pure form of investment will not bother about short term fluctuations and will prefer to hold them for a long time to make some higher profits from it.

BitcoinPC

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Quote from: Fireblade on April 20, 2017, 06:22:39 PM

Quote from: Jingjess on April 20, 2017, 12:01:25 AM

Selling istead of waiting...sell to spread the market and more possible income..

i am not in favour of selling bitcoins in present time, because we have waited for such a long time for the price of bitcoin to increase, and in present time we can see that the price of bitcoin start increasing, therefore i think it is important for some more time as it is expected that very soon the price of bitcoin is going to cross 1500 USD level.

I know why you are telling us, because you know in future and also in coming time bitcoin will be reached at more price, than definitely, it give us more profit. But you know, not everyone holding bitcoins for a long time. Mostly people use the bitcoins for short term profit like trading, they buy it in a low price and when they see now bitcoin give them double price than they sell it.
But i also with you, because now i prefer to wait not sell the bitcoins right now.

batang_bitcoin

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Quote from: usefrees on April 23, 2017, 01:41:49 PM

This year it is difficult to predict the growth of bitcoin. Perhaps there will not be any special changes, it will simply go down and then stabilize.

It may be difficult to predict bitcoins growth but there is one thing that everyone will be assured of. If you will going to keep the faith and hold bitcoins just wait for a while as the price once again reached $1,300. But I don't agree with you that it will simply go down and stabilize, it will be down for sometime but it will increase.

lionheart78

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Quote from: OrangeII on April 23, 2017, 12:23:31 PM

Quote from: SamsungBitcoin on April 20, 2017, 08:53:14 PM

For me if i see that i can get profit at the current price i will sell my bitcoin.
I am waiting for the dump of the value before i but it some of bitcoin again.
That is my strategy in trading method but that is a basic.

It is very nice. Waiting for a high price before selling would be a very good thing to earn a great income, and waiting for a dump to buy it would be a very good thing. But, for now, waiting becomes a very good thing, because there is a great chance that bitcoin prices will rise to $ 1500.

I also agree that waiting would give us more profit than selling Bitcoin right now. If we are not in need of cash, it is better to keep our Bitcoin for another half a decade or when it reaches our selling point. There might be lots of political drama today but it will eventually resolve aside from that I believe Bitcoin is destined to increase its price as time goes by.

usefrees

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This year it is difficult to predict the growth of bitcoin. Perhaps there will not be any special changes, it will simply go down and then stabilize.

OrangeII

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Quote from: SamsungBitcoin on April 20, 2017, 08:53:14 PM

For me if i see that i can get profit at the current price i will sell my bitcoin.
I am waiting for the dump of the value before i but it some of bitcoin again.
That is my strategy in trading method but that is a basic.

It is very nice. Waiting for a high price before selling would be a very good thing to earn a great income, and waiting for a dump to buy it would be a very good thing. But, for now, waiting becomes a very good thing, because there is a great chance that bitcoin prices will rise to $ 1500.

TribalBob

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Quote from: SamsungBitcoin on April 20, 2017, 08:53:14 PM

For me if i see that i can get profit at the current price i will sell my bitcoin.
I am waiting for the dump of the value before i but it some of bitcoin again.
That is my strategy in trading method but that is a basic.

Price has already crossed $1300 on preev and if the current price is giving you good profits then you can sell some of them to grab some profits but I suggest you not to sell as price is expected to go much higher in the end of the year and that would be the best time to sell your bitcoins.

SamsungBitcoin

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For me if i see that i can get profit at the current price i will sell my bitcoin.
I am waiting for the dump of the value before i but it some of bitcoin again.
That is my strategy in trading method but that is a basic.

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