Selling Bitcoin = Opportunity loss?! - page 32.

Kiweikoo

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Quote from: wantjokull on May 19, 2017, 01:16:18 PM

I think selling at right time is not bad. If you are getting at least some of the return from your investment then it is always good to sell the bitcoin right away. If you wanna be there for long time then you are mostly greedy person hoping for high profits. But that's really not advisable.

But the definition of "right time" might vary over time. People who sold their coins either for profit amking or for tarding purposes, are regretting for their decsiion of selling. Because last 6 to 8 months bitcoin is into superb rally which made people who have decided to hold bitcoin richer by some 1000 USD per one bitcoin.

Selling bitcoin must be a way of losing opportunities.

wantjokull

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I think selling at right time is not bad. If you are getting at least some of the return from your investment then it is always good to sell the bitcoin right away. If you wanna be there for long time then you are mostly greedy person hoping for high profits. But that's really not advisable.

slackcryptoz

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Quote from: degaga15 on May 19, 2017, 11:17:24 AM

Every option is always a risk, depending on whether you are afraid of much profit loss when the price of bitcoin again down or keep and think at one time the price will rise again.

If the user thinks selling to be the profit losing, then he could never sell his bitcoin. The growth is found to be with uptrend and so cannot make a selling. It's good to fix a target and sell to avoid the unnecessary mind distractions.

Stedsm

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There could be many reasons for anyone to sell their coins and there's nothing wrong in doing that because basically they are circulating the coins and running the network this way. For example, I have needs and I want fiat and my complete earnings are in bitcoins, so I am bound to sell them to get some paper money and drive my life smooth. So is the scenario in different persons' lives and BTC's price is sure to grow always, but should it mean that we should just hold for years and years and don't live a better life at current prices too?

degaga15

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Every option is always a risk, depending on whether you are afraid of much profit loss when the price of bitcoin again down or keep and think at one time the price will rise again.

jtipt

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Quote from: cipherer on May 17, 2017, 03:54:03 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?

Yes, to some extent you are right and I also think the same. If you sell today at $2k you will regret 'if' BTC rises to maybe $4k, you will also be glad to have sold if BTC drops back to $1000. So you are a trader(mostly a day trader) buying and selling BTC is not a good idea, it's good for some investment for some time and only sell it when you are looking to get out of BTC and take you whatever you have profited.

Vaculin

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It depends on the situation.If you have lots of bitcoin and someone badly needed it,then for you to help is to sell it.Although it's a long term investment,but somehow letting go of it creates a much more investment to Him.Helping is a human nature.

HTracer

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Selling bitcoin is rather lost opportunity if one invests in BTC having long term strategy. As for those who trading bitcoin it's just a routine.

Briefly. Investors buy dips. Traders buy dips and sell highs.

deisik

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English ⬄ Russian Translation Services

Quote from: iluvpie60 on May 19, 2017, 10:23:18 AM

Whales determine the price largely rkght now. There is no news happening i have seen that justifies this increase. Be prepared to eat your lunch hard within the next month. Price correction must happen. Too high right now

That might not happen

As much as I'm myself expecting it (today we touched 2,000 dollar mark at Bitfinex, and that should be a new resistance level with support at 1,200 dollars), we should remain "realists" (as far as this notion is applicable to Bitcoin price). And being realistic here means that we shouldn't expect a correction just because of the price rising to a certain level. I perfectly well remember how many folks had been expecting correction when price reached 800 dollars per coin for the first time after the Mt. Gox collapse. And it didn't happen until the price reached over 1,100 dollars, and when it did finally happen it wasn't a correction at all but rather a flash crash on hearing the news of the PBoC launching a massive attack against Chinese Bitcoin exchanges

iluvpie60

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Whales determine the price largely rkght now. There is no news happening i have seen that justifies this increase. Be prepared to eat your lunch hard within the next month. Price correction must happen. Too high right now.

ImHash

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This is nothing dude as we have yet long road a head of us, when you see $2000 it means you can dump a large amount of coins for $1700 and if a larger amount it'll be $1500, it depends on the person. by now I understand that when it comes to bitcoin either a whale with at least 250K BTC has to throw his coins at the buy wall to eat it down or hundreds of traders each selling 1K BTC other than that it wont easily go down.

On the other hand if you don't have people selling on daily basis then market will become cold and if there are not many willing to sell then more people join cloud mining services to get their hands on some coins no matter what, and of course we have the people getting paid their salaries/ bounties with bitcoin and as soon as they receive them they will sell.

Even when you decide to sell please try not to sell to exchanging services as they are the one and the same as the whales and market manipulators.
I sold 17BTC at $1780+- and now just regret doing it like a dog Sad

ekoice

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Definitely,when we see the past six months history of bitcoin,we could easily predict that bitcoin seems to continue in bullish trend through out this year.Six months before,its price was around $850 and now its price is $1950.Though we couldnot predict exactly the future,we could easily say that there is a great probability of profit loss if we sell our bitcoin.

HatakeKakashi

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Selling bitcoin is not lost opportunity becauae its your choice if you want to sell your bitcoin because you safe your money because what if bitcoin down your money also decrease so you decided sell your to not decrease your money and get a profit. If you dont want to sell bitcoin hold it like today the price is closely $2000 so if the Op start this thread at may 17 and they sell their bitcoin they only get profit. But if you sell it today they get a big profit. Waiting is virtue your prediction is good.

coynedterm

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Quote from: cipherer on May 17, 2017, 03:54:03 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?

before you say anything I will be here like to say about the prediction that has been made by the most experienced person in the bitcoin field they said that the price of the Bitcoin will reach $10,000 in the year 2021 .
And also according to the history of the price of the Bitcoin sings in 9 years saying that this is the truth that price will surely reach up to $10,000 for BTC .
So the title of your thread is true that we are losing the opportunity in the bitcoin if we sell in the present time .
If I Compare that old time to the present time then you will found that the prices changed about 7 times so I will suggest to everyone just hold your bitcoin until the price of Bitcoin rate reach at least 5000 dollar .

Vixmore

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Quote from: cipherer on May 17, 2017, 03:54:03 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?

No I would definitely disagree with you when you say that. A lot of people sell Bitcoin because they want to trade or because they want to use it in real life. It is not motivated by a partial exit, most of the time.

lemipawa

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If you are the type of person who always look at any situation in a pozitive way, you will not say its a lost oppurtunity. Others may have a set a goal to sell at example $1,700 and some may have set a target of $1,750 to buy more. Everyday is an oppurtinity, it just depends on who is looking at it.

SvenBomvolen

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Quote from: odolvlobo on May 17, 2017, 04:04:11 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.

That's right. You have to take in view all possible variants for bitcoin and that is not only constantly growth. Many people live with bitcoin and that is their only money, so they just have to sell it to cover costs.

nethan1btc

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No it's not an opportunity loss because selling bitcoin in a good price and you only cash out your btc earnings only and not your capital in buying while price is cheaper, then It's not a loss on your side. I conside it as a winning legacy if you earned good income fom selling your holdings even waiting for a long time takes. But if you sold your bitcoins in a wrong time, well it definitely a big losses to you and not a good opportunity.

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

Quote from: grermezter on May 19, 2017, 05:51:21 AM

With bitcoins price rising at such an alarming rate, i wouldn't call it wise to be selling right now, i think its rather the best time to buy and hoard bitcoins, from the outlook its going to continue to rise all the way to even December. So its good to buy rather than sell.

You are mentioning about current trend, even bitcoin finds correction from its current levels, I will be saying selling must be a way of losing opportunities. If the earlier day's bitcoin adopters would have held their bitcoins unsold, they might have become multimillionaire by this times. They have sold hence they have missed their life's biggest opportunities.

Bitcoin should be viewed in long term basis. Around next halving (~ in next 3 years) bitcoin must be having value greater than $20k, it means anywhere if we sell that may lead to our life's biggest regret too.

deadsilent

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What will you do with your bitcoins then? Bitcoin is very volatile. We can't say the bitcoin can still be alive in the future. Its not a total loss of opportunity if you sell your bitcoin. Maybe the current price will be the last price you'll ever see. Im not saying bitcoin will be dead in the future. But bitcoin weakens its dominance as lots of altcoins are rising.

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