Selling Bitcoin = Opportunity loss?! - page 17.

flower1024

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Quote from: chaser15 on May 18, 2017, 02:27:02 PM

Quote from: cipherer on May 17, 2017, 02:54:03 PM

Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?

It depends on how a user thinks of selling their bitcoin. Sometimes they sell it because they need cash in real life, others sold too if they need to use it for various purposes and in some cases, they are on profit and believes that a dip will come in the way so they can purchase more.

Bitcoin will surely go up while on progress but remember that at some point it will experience price dip or big crash. Others just want to take advantage of this so selling is part of their strategy.

I sold my coins because of this reason. I need some urgent money, and the price is also not bad it's impressive I sold when it comes above $4k. I also know that the price will go more than $5k but I did not have that much time to wait. And who knows if any big crash happened there is a chance to go under $3k.

Rinder

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For some people being able to sell now does means around 2x-10x their investment, for some people the money they can earn selling bitcoin now is more then enough for them, soo why would they wait a dump or better price. For other side hold a bit longer can represent an extra money income as well, but its hard to know the best moment to sell, and buy back again, this is a strategy made from traders.

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Quote from: chaser15 on May 18, 2017, 02:27:02 PM

Quote from: cipherer on May 17, 2017, 02:54:03 PM

Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?

It depends on how a user thinks of selling their bitcoin. Sometimes they sell it because they need cash in real life, others sold too if they need to use it for various purposes and in some cases, they are on profit and believes that a dip will come in the way so they can purchase more.

Bitcoin will surely go up while on progress but remember that at some point it will experience price dip or big crash. Others just want to take advantage of this so selling is part of their strategy.

It actually depends on the management of an individual. Because if people will start on trading as a part of earning Bitcoin selling is apparently needed in fact it is necessary to consider to do to earn and to have more profit. So if you want to get into Bitcoin as a part of trading in transaction selling Bitcoin can also make or can give people opportunity to earn more and to have more income in the prior of the future and further development.

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Quote from: Anfisman on August 17, 2017, 09:44:37 PM

Quote from: cipherer on May 17, 2017, 02:54:03 PM

Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?

It does not matter if we want to sell or hold our bitcoin, the important thing is the right time to do it, we must be sure that the decision we will take will benefit us. If we are sure I will be all right.

always the timing on when we do it really take effect as we knew emergency happen and even we wanted to hold for much longer time we still needed to sell it out on my side before I was able to sell when bitcoin rises up to 2k$ I was happy then since the price double after the first month of this year not knowing that it will be much bigger coming the and quarter of this year, still I don't regret but keeping it again and hold to begin gaining more.

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Quote from: cipherer on May 17, 2017, 02:54:03 PM

Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?

It does not matter if we want to sell or hold our bitcoin, the important thing is the right time to do it, we must be sure that the decision we will take will benefit us. If we are sure I will be all right.

RedX

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Quote from: djgtr on August 17, 2017, 04:56:31 PM

Quote from: iluvpie60 on August 17, 2017, 03:52:15 PM

Quote from: odolvlobo on May 17, 2017, 03:04:11 PM

You are assuming that the price will continue to rise. That is not guaranteed, so selling is not necessarily lost opportunity.

Selling may be the way to maximize your return, but it depends on the risk of holding.

I always like to look at past comments people make. I think that if you are selling right now, you are indeed making the same mistake the Bitcoin Pizza person made by spending so much on that pizza.

Eventually that pizza will be worth hundreds of millions that he spent for it.

Right now highest is 4,500 USD, we would not have thought it possible 3 months ago, but here we are.

And in a few years from now I will look back at this post and say, there is where it was 4,500USD and now it is 20,000 USD.

i think it is not really an opportunity lost because we gain from it and i think we dont have a power to predict the movement of the bitcoin value who knows it will go down and failed in the next day.

Professional traders do this so it's another strategy to make more profit. Remember its buy low and sell high. They are analysing a good sell point before they sell because they are assuming a little or more dip.

djgtr

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Quote from: iluvpie60 on August 17, 2017, 03:52:15 PM

Quote from: odolvlobo on May 17, 2017, 03:04:11 PM

You are assuming that the price will continue to rise. That is not guaranteed, so selling is not necessarily lost opportunity.

Selling may be the way to maximize your return, but it depends on the risk of holding.

I always like to look at past comments people make. I think that if you are selling right now, you are indeed making the same mistake the Bitcoin Pizza person made by spending so much on that pizza.

Eventually that pizza will be worth hundreds of millions that he spent for it.

Right now highest is 4,500 USD, we would not have thought it possible 3 months ago, but here we are.

And in a few years from now I will look back at this post and say, there is where it was 4,500USD and now it is 20,000 USD.

i think it is not really an opportunity lost because we gain from it and i think we dont have a power to predict the movement of the bitcoin value who knows it will go down and failed in the next day.

iluvpie60

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Quote from: odolvlobo on May 17, 2017, 03:04:11 PM

You are assuming that the price will continue to rise. That is not guaranteed, so selling is not necessarily lost opportunity.

Selling may be the way to maximize your return, but it depends on the risk of holding.

I always like to look at past comments people make. I think that if you are selling right now, you are indeed making the same mistake the Bitcoin Pizza person made by spending so much on that pizza.

Eventually that pizza will be worth hundreds of millions that he spent for it.

Right now highest is 4,500 USD, we would not have thought it possible 3 months ago, but here we are.

And in a few years from now I will look back at this post and say, there is where it was 4,500USD and now it is 20,000 USD.

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Quote from: asyakashi on August 16, 2017, 06:08:13 PM

Quote from: star citizen on August 15, 2017, 10:54:24 PM

It depends on the reason you are selling. If you're selling to invest in a more profitable asset, it's actually the opposite... The difficult task is to find something better to invest.

Bitcoin is a safe and profitable investment, I do not see a big risk there. Every year BTC increments are very good, just need to prepare your mental to hold in an uncertain period of two years or 1 year.

Are you sure? I remember in four years ago, in 2013 - 2014 the price of Bitcoin has breakdown bubble growth and falldown -1000% with the highest price. So for me, don't have type investment is safest, always have the risk when investment.

severaldetails

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Quote from: Ewinsane on August 17, 2017, 01:09:31 PM

Quote from: yrreg ger on August 16, 2017, 02:20:17 AM

Quote from: cipherer on May 17, 2017, 02:54:03 PM

Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?

It depends on the situation that happening in the community. If the bitcoin's price is increasing, then it is an opportunity loss because by the time you sell it, you have given it the fixed rate by converting it to a local currency at a certain amount. Through that, your sold bitcoin will on that price even if the price still increasing after that. On the reverse, if you hold that in your, it still have the potential to increase its price, depends on how rate is changing timely.

Definitely all depends on the values of bitcoins. If they are continuously increasing, then cashing them out without further wait can put you in loss.
Personally I believe that selling bitcoins even in the dumping phase is a big loss. Bitcoins should be treated as an asset rather than a currency.

To me selling my coins would be really the last solution. I would have to be in desperate need of money to make such a move.
You can read a lot of posts here from the early bitcoin users who sold bitcoins for a few dollars just a few years ago.
We can only learn from that.
Nobody of us wants to be in the position to have to look back and recognize that you missed the opportunity of your life although you already had it in your hands.

Ewinsane

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Quote from: yrreg ger on August 16, 2017, 02:20:17 AM

Quote from: cipherer on May 17, 2017, 02:54:03 PM

Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?

It depends on the situation that happening in the community. If the bitcoin's price is increasing, then it is an opportunity loss because by the time you sell it, you have given it the fixed rate by converting it to a local currency at a certain amount. Through that, your sold bitcoin will on that price even if the price still increasing after that. On the reverse, if you hold that in your, it still have the potential to increase its price, depends on how rate is changing timely.

Definitely all depends on the values of bitcoins. If they are continuously increasing, then cashing them out without further wait can put you in loss.
Personally I believe that selling bitcoins even in the dumping phase is a big loss. Bitcoins should be treated as an asset rather than a currency.

rjbtc2017

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Not really, Selling bitcoin doesn't mean that it is a loss opportunity. Buying bitcoins doesn't mean also that you are gaining opportunity. As we all know bitcoin's price is volatile which means we can equate this to the assurance of opportunity is also rising and falling. Therefore Selling bitcoin or buying bitcoin doesn't necessarily related with opportunity.

notyours

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Actually selling Bitcoins is something you must do especially when you need it. You just lose it if the price rises. It's really in trading buy and sell. Buy it again when it crashes how it's gone and does not fall? Here's what you do to sell just enough btc to be needed. For the sake of the rise you have reserved.

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Quote from: BeGoods on August 16, 2017, 06:27:34 PM

Quote from: ?? on ??

Yes i think that selling bitcoin is just like "burning money". You are just withdrawing or spending your bitcoin instead that you could have much more in a near future, i dont know why people still spend their bitcoins, i just prefer to hold them all until it reach a nice value.
By the way, i have a wallet with 0.10 so everytime i have an emergency or i just need to buy something inmediatly i use that wallet, but i dont like to spend it.

nope yeah selling bitcoin can be said to be a waste of opportunity, because of the potential for bigger bitcoin prices in the future than the current price, but I think it would be different story if you sell your bitcoin when the price goes up and have a goal to make a profit and then buy again after the price down, i think it does not waste the opportunity

Better wait for the right time to sell as we can never be profitable if we will not sell, with the recent price surge that means the
market are getting bigger and more people want to ride on board on bitcoin, and because of that we will be able to sell our bitcoin soon with a big profit.
However, you have to decide now when and on what price you will have to sell.

BeGoods

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Quote from: ?? on ??

Yes i think that selling bitcoin is just like "burning money". You are just withdrawing or spending your bitcoin instead that you could have much more in a near future, i dont know why people still spend their bitcoins, i just prefer to hold them all until it reach a nice value.
By the way, i have a wallet with 0.10 so everytime i have an emergency or i just need to buy something inmediatly i use that wallet, but i dont like to spend it.

nope yeah selling bitcoin can be said to be a waste of opportunity, because of the potential for bigger bitcoin prices in the future than the current price, but I think it would be different story if you sell your bitcoin when the price goes up and have a goal to make a profit and then buy again after the price down, i think it does not waste the opportunity

hammo

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if you sell, you should buy more expensive price then before.

yugyug

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bitcoin is a commodity for traders, if you could see a buy and sell signal opportunity of at least 25% gain then there is no reason to lose money however safeguarding your coin by dividing into 3 or half 'coz whenever there is an opportunity to ramp up the price again you have still coins to sell or try to diversify to other alt coins the other part of your btc to gain more profit.my best advise don't sell all your btc.

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Quote from: star citizen on August 15, 2017, 10:54:24 PM

It depends on the reason you are selling. If you're selling to invest in a more profitable asset, it's actually the opposite... The difficult task is to find something better to invest.

Bitcoin is a safe and profitable investment, I do not see a big risk there. Every year BTC increments are very good, just need to prepare your mental to hold in an uncertain period of two years or 1 year.

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Quote from: chaser15 on May 18, 2017, 02:27:02 PM

Quote from: cipherer on May 17, 2017, 02:54:03 PM

Many posts discuss the possibility of exchange earnings with selling Bitcoin (and buy later). Other posts discuss the Bitcoin exchange rate, it seems that many agree there is a strong upward tendency and the volatility is hard to predict. It seems dat selling Bitcoin results in a serious probability of an opportunity loss. Selling Bitcoin can only be motivated by an (partial) exit. Do you agree?

It depends on how a user thinks of selling their bitcoin. Sometimes they sell it because they need cash in real life, others sold too if they need to use it for various purposes and in some cases, they are on profit and believes that a dip will come in the way so they can purchase more.

Bitcoin will surely go up while on progress but remember that at some point it will experience price dip or big crash. Others just want to take advantage of this so selling is part of their strategy.

That's exactly what happens when I sell bitcoin. I need cash and despite me knowing that the prices would go up I have to sell them because I need cash so yes correct it depends on one's needs. If I don't feel the need to have some cash I won't sell. But it's not always so, sometimes I sell some of my bitcoins only to make profit and I agree I sell them as part of my strategy and that's when I can say for sure there's no opportunity lost by selling my bitcoins as I said already I sell them as part of my strategy and hence that's in my opinion the right time for me to sell.

genocide

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Quote from: ?? on ??

Yes i think that selling bitcoin is just like "burning money". You are just withdrawing or spending your bitcoin instead that you could have much more in a near future, i dont know why people still spend their bitcoins, i just prefer to hold them all until it reach a nice value.
By the way, i have a wallet with 0.10 so everytime i have an emergency or i just need to buy something inmediatly i use that wallet, but i dont like to spend it.

I think you are right but I cannot fully agree with you. We cannot be sure on how things would go in the future. What if its price suddenly crash? We can't tell. Although it is unlikely to happen, but it is possible. I would rather profit a few hundred from time to time. It is better not to be too much greedy because it might also be the reason for your loss.

Quote from: Theb on August 15, 2017, 10:45:05 PM

Quote from: Japinat on August 15, 2017, 09:09:52 PM

Quote from: SushiMonster on August 15, 2017, 08:30:48 PM

Trading is a game of strategy - just because you sell your btc earlier it means that it is an opportunity loss.
you can't earn if you can't sell it. In selling just always make sure you still earn, don't get too greedy and always study the strategy in trading.
I just recently started in trading and I always check out the graphs of the btc that I will buy

That could only be an opportunity loss if you sell and you did not buy again, there are times that we really need to sell to make profit on it.
People who are investing in short term or those day traders are selling from time to time but they are making enough money on it because they have their skills that they can rely to be consistent in trading.

Well for me there is no such thing as an opportunity loss because every time you buy and sell Bitcoin you as a trader must set price points in which you target to buy or you target to sell. Having a target profit means you know what you want and you know what you will get. Even if the price of Bitcoin is greater than your target price you won't experience any loss because you are satisfied with what you have gained. Because we really don't know what the future prices are.

There is no opportunity loss, for me atleast. There is always a right time to sell and a right time to buy. If there is a price surge, take advantage of it and sell, because there is a great possibility that the price will diminish a little after, which will be a good time to buy again. Anyway, trading and holding both has its on advantages and disadvantages, so it depends on the person to choose how much risk he or she is willing to bear.

Topic: Selling Bitcoin = Opportunity loss?! - page 17. (Read 13043 times)