Selling Bitcoin = Opportunity loss?! - page 18.

batang_bitcoin

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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.

I did this, I sold some of my bitcoins at $2,300 because I have something to buy and it's a real property assets. And I'll use it for making some good monthly income so it's not that an opportunity loss for me. But if you are not planning to invest into something then you can just hold your bitcoins and just see on how much it can grow.

JCO05

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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?

Hard to say because it will depend on the situation that a person who has Bitcoin is into. If he needs the money for an instance and he'll earn profit from it, I think it is okay to sell it even if the price of Bitcoin is continuously rising. And besides, Bitcoin is still volatile. No one knows until when the price will increase 'coz deflation can take place during the inflation. The oppurtunity indeed is lost if you sold your Bitcoin but , you can still earn Bitcoin after selling it.

d1ceplayer

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Quote from: Stedsm on August 15, 2017, 12:57:00 PM

Quote from: GreenBits on August 10, 2017, 10:15:56 PM

Quote from: abayan on August 10, 2017, 10:07:46 PM

Quote from: Wesimon on August 10, 2017, 08:58:31 PM

This is somehow true. Those who panic before august 1 and sold their bitcoin, have lost their opportunity to profit from their saving. Before that I also have lost that chance by selling half of my bitcoins. I regret it. But what can I do. But half of bitcoins left in my wallet have profit also. So still thankful.

That is the effect of having not enough patience and lack of knowledge with that segwit .For those who keep and believe is the winner and have a free coin which a equals to a free money from bcc. I will only say that in bitcoins no matter what just keep holding and you will be rewarded for it than to trigger yourself in that Dump scenes.

Holding bitcoin is fun, I can attest. But if you hold too tightly, you may actually cost yourself a bit of opportunity.

Bitcoin will go up, generally. But sometimes its goes backward, for apretty long time. If you remember the Great Slide after Gox folded, it went down, slowly, for an eternity. It didnt bounce right back either, it took a while to regain 1000, to where we are today. If you held during those times, you lost ALOT of opportunity. You could have purchased a real world asset with the money, achieved ROI for profit, and repurchased bitcoin, possibly cheaper than what you sold it for.

I say all that to say this; while bitcoin is a wonderful growth/safe haven asset, it is one of many. Look for profit from all spheres, not just crypto. You may miss an opportunity while sitting around 'hodling". Wink

And to say in your favor, I would like to add here that no amount saved is too small or no amount sold is too big.
One can even hold until they die and decide to have those coins used by their children when they grow up, but that would cost a life and to tie ourselves with a bondage of not selling bitcoins could really cost us loss of time as well as money, because if you don't use the money when it's needed the most, then it's of no use in future even if it costs xx times than it used to be.

Yep! We should not be too much greedy with bitcoins. They are for us, we are not for them. Bitcoins have been created to make our lives easier and they are doing job perfectly. Bitcoins should be converted into fiat when you want to fulfill your needs.

yrreg ger

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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 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.

qwertyup23

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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 agree with people saying that if you sold your bitcoins, you are losing the opportunity of its value to increase but this is on the assumption of the prices increasing everyday. By just looking at the charts, the price of bitcoins last week were around $3500 and right now it skyrocketed up to $4000. In just a matter of weeks, the opportunity of your bitcoins increasing were superbly affected and this results to a loss on your part if you withdrew it.

What you said is correct. The reason on why I earn bitcoins is for me to withdraw it when the need arises. For example, I ran out of fiat due to paying obligations and I need extra cash in order to pay something important, I will use my bitcoins and convert it for me to sustain myself and pay my existing debts. All of us here have their own reasons on why they earn bitcoins and I see no problem in converting it to fiat for something far important.

noictib

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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?

Here i am agree with the title of the thread but still herr i am not totally in the flavour of the topic because if we have time to trade with the bitcoin then why we should hold bitcoin .
The topic is true for those who don't have time , but here we have lots of time to trade with the bitcoin and other cryptocurrency ,so why not to multiply our btc .
If you will make trsde then surely you will increase the amount of the btc that you have and if you will hold and wait for the opportunity then surely btc will be in limited amount in your wallet and also you will needed to wait for long term to make better profit .
So it is more better to have some fraction of btc in Wallet and use rest of them to trade .

star citizen

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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.

Theb

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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.

sumangs

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I think it is not recommended to sell bitcoins as of now. There is a lot of changes since the fork in early august. Since then, the price becomes almost 1.5x before the fork has started. We should wait until the end of the month before selling again. Should have more knowledge in trading before taking risk.

skyline247

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Selling Bitcoin is only an opportunity loss if you do not buy it back shortly afterward... (shortly, given that the price is so volatile).

Japinat

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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.

@prashant

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Quote from: CarnagexD on August 15, 2017, 06:11:40 PM

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I can agree since i believe bitcoin have lots of potential and bright future. But, sell bitcoin might be great idea for those who think bitcoin problem can't be resolved or the price can't grow much anymore.
So, it depends on what people believe.

If you totally believe and trust Bitcoin system it is true for you that if you sell Bitcoin the only thing you do is wasting an opportunity to earn more or to have a more profit. As we can see at this very moment Bitcoin development and growth to its price is happening and there is a lot of this possibility in the future so if we are going to hold or decide to make a partial investment vwe could actually earn more out of Bitcoin in the near future.

in my opinion you should sell and buy bitcoin and bitcoin is pumping and dumping by a good amount ,and if you have experience the you can earn good amount while playing buying and selling.even if you want to hold to it then also i would suggest you to invest in some other tokens or altcoin as bitcoin pump hype will be over soon and the price will decrease little.

SushiMonster

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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

CarnagexD

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Quote from: ?? on ??

I can agree since i believe bitcoin have lots of potential and bright future. But, sell bitcoin might be great idea for those who think bitcoin problem can't be resolved or the price can't grow much anymore.
So, it depends on what people believe.

If you totally believe and trust Bitcoin system it is true for you that if you sell Bitcoin the only thing you do is wasting an opportunity to earn more or to have a more profit. As we can see at this very moment Bitcoin development and growth to its price is happening and there is a lot of this possibility in the future so if we are going to hold or decide to make a partial investment vwe could actually earn more out of Bitcoin in the near future.

avikz

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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?

Selling bitcoin is truly similar to a huge opportunity loss at this moment. Bitcoin market cap has hit the all time high numbers and positivity around it is running high. The price may not fall soon as it is showing a very strong upside trend.

If you are an investor, then try to purchase bitcoin from your salary income after certain interval. Let say weekly. If you have 100 USd to invest in bitcoin, make it 4 purchases of 25 USD each. This way you will be able to average out the buying price. This system is known as SIP and works well for long term investment.

bncbnc

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Quote from: Carlsen on August 15, 2017, 02:08:39 PM

Quote from: Mister1k on August 15, 2017, 01:59:41 PM

Quote from: twicezeroiszero on August 15, 2017, 01:21:53 PM

Quote from: Cranidos on August 11, 2017, 01:45:15 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?

Well, I do not think that selling Bitcoin is a hundred percent opportunity loss. Why, in the first place, did that someone sold his/her Bitcoin? To gain the profit right? And by gaining the profit would mean that he/she is harvesting the fruits of the opportunity he/she grabbed certain time ago. So I believe that it is not an opportunity loss, but rather a point of touching the profit you earned.

Yeah, if you say selling your Bitcoin before the price of it increasing up, it just is a regret unreasonable, because the price you decision for sell your Bitcoin is your hope, your target and you feeling satisfied with this price.

It seems funny now. Bitcoin price being dumping down today, value again falling down. This doesn't have sign to see the bitcoin price up. Anytime selling bitcoin is not opinion. If you hold the bitcoin for some months then bitcoin will touch to 5000$.

Of course there is some profit in trading bitcoin against fiat or other crypto currencies.
But you have to know what you are doing. There is always the chance you actually sell at a low and have to buy back at a higher point.
And then there is the thing with the taxes that makes everything more complicated. At least if you want to play it by the book.
I have decided to simply keep my coins. That gives me less headache.

to me i think it is too much important to know about the right time and get the right decision on right time. in fact everyone invest money to make some more money but is depending on his experience and the investment, but as most of the people do not recognize the right time therefore they lose money.

Carlsen

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Quote from: Mister1k on August 15, 2017, 01:59:41 PM

Quote from: twicezeroiszero on August 15, 2017, 01:21:53 PM

Quote from: Cranidos on August 11, 2017, 01:45:15 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?

Well, I do not think that selling Bitcoin is a hundred percent opportunity loss. Why, in the first place, did that someone sold his/her Bitcoin? To gain the profit right? And by gaining the profit would mean that he/she is harvesting the fruits of the opportunity he/she grabbed certain time ago. So I believe that it is not an opportunity loss, but rather a point of touching the profit you earned.

Yeah, if you say selling your Bitcoin before the price of it increasing up, it just is a regret unreasonable, because the price you decision for sell your Bitcoin is your hope, your target and you feeling satisfied with this price.

It seems funny now. Bitcoin price being dumping down today, value again falling down. This doesn't have sign to see the bitcoin price up. Anytime selling bitcoin is not opinion. If you hold the bitcoin for some months then bitcoin will touch to 5000$.

Of course there is some profit in trading bitcoin against fiat or other crypto currencies.
But you have to know what you are doing. There is always the chance you actually sell at a low and have to buy back at a higher point.
And then there is the thing with the taxes that makes everything more complicated. At least if you want to play it by the book.
I have decided to simply keep my coins. That gives me less headache.

Lecam

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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's not even possible to predict until when it will continue on rising, so it's not even an opportunity loss when you sell your bitcoin. I think in crypto currency trading there's no such thing as opportunity loss in the real sense because trading takes risks. And, cryptocurrencies are volatile so there's no concrete basis when to buy and sell. People are selling coins to maximize the profit that they can come out with.

Mister1k

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Quote from: twicezeroiszero on August 15, 2017, 01:21:53 PM

Quote from: Cranidos on August 11, 2017, 01:45:15 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?

Well, I do not think that selling Bitcoin is a hundred percent opportunity loss. Why, in the first place, did that someone sold his/her Bitcoin? To gain the profit right? And by gaining the profit would mean that he/she is harvesting the fruits of the opportunity he/she grabbed certain time ago. So I believe that it is not an opportunity loss, but rather a point of touching the profit you earned.

Yeah, if you say selling your Bitcoin before the price of it increasing up, it just is a regret unreasonable, because the price you decision for sell your Bitcoin is your hope, your target and you feeling satisfied with this price.

It seems funny now. Bitcoin price being dumping down today, value again falling down. This doesn't have sign to see the bitcoin price up. Anytime selling bitcoin is not opinion. If you hold the bitcoin for some months then bitcoin will touch to 5000$.

gunhell16

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there is always UPS and DONWS we are just like in stock exchange!
you will sell BTC on its low/down and buy if you think it will go up you cansee it if you will review its trend ..
for now as i can see it theres a time 4-6 hours a day that bitcoin went down for many days and the ups on remaining 18hours
you just need to have a site for the best trading.. i hope this helps you

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