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Topic: Sold - page 2. (Read 3029 times)

hero member
Activity: 1722
Merit: 528
June 21, 2017, 01:53:46 AM
#44
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?
Wrong move my friend,price will never reached the low price which is 1500$ again., im seeing bitcoin price will hit 5000$ before the end of this year. I will never ever sold my bitcoin this 2017.

Well as long Im not seeing a huge news about btc, and there's no way to fall the price to $1500. Thats too low for our rate today.
And we can never tell what will happen to august 01 but many anticipates it. Hope thats a good news.

We are the same, but I think this fork or network splitting is not that big problem that the Bitcoin Unlimited. That time more users and investors are dumping their coins even a month before that hard fork, they are being scared on what will happen to their coins, some send their stash to offline wallets. This network split I think will surely happen, but we don't know what will happen next.
legendary
Activity: 1554
Merit: 1054
June 21, 2017, 01:49:02 AM
#43
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?
Wrong move my friend,price will never reached the low price which is 1500$ again., im seeing bitcoin price will hit 5000$ before the end of this year. I will never ever sold my bitcoin this 2017.
What's wrong with that? He bought the coins when it still at $100ish so now can you still say it's a wrong move, he earned a lot with multiple times from that. And it's a smart move IMO, 10% of his stash is not bad to sell when you know you'll get profit.
And I don't think if how many people are still holding their balls from buying from the range of $100-$200 long ago and still waiting when BTC reach 3k or even more.
In my view, those only 10% is the big justification for selling at current trends. Selling some portion of bitcoins time to time to cover our life's demand is inevitable for any investor. Hence I too do not call this as a wrong decisions. Probably if he has sold more than 50% of his stash then that might be sounding as a wrong decisions. Even though when considering his buying prices, selling now must not be wrong for any percentage of his stash. Practically no one will be afford to hold to enjoy all the price movements of bitcoins as our life time and life's requirements are not allowing to wait.
hero member
Activity: 2520
Merit: 783
June 20, 2017, 09:41:13 PM
#42
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?
Wrong move my friend,price will never reached the low price which is 1500$ again., im seeing bitcoin price will hit 5000$ before the end of this year. I will never ever sold my bitcoin this 2017.

Well as long Im not seeing a huge news about btc, and there's no way to fall the price to $1500. Thats too low for our rate today.
And we can never tell what will happen to august 01 but many anticipates it. Hope thats a good news.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
June 20, 2017, 08:36:00 PM
#41
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?
Wrong move my friend,price will never reached the low price which is 1500$ again., im seeing bitcoin price will hit 5000$ before the end of this year. I will never ever sold my bitcoin this 2017.
What's wrong with that? He bought the coins when it still at $100ish so now can you still say it's a wrong move, he earned a lot with multiple times from that. And it's a smart move IMO, 10% of his stash is not bad to sell when you know you'll get profit.
And I don't think if how many people are still holding their balls from buying from the range of $100-$200 long ago and still waiting when BTC reach 3k or even more.
full member
Activity: 223
Merit: 100
June 20, 2017, 08:35:39 PM
#40
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

I don't think it's a bad idea to sell some at these high prices especially if you bought at such a low price. You have locked in some good profits even if the price doesn't drop.

I would expect a price drop and I could see it go as low as $1500 or lower if there was some sort of bad news. You will probably have a chance to buy back some of what you sold.

hero member
Activity: 924
Merit: 506
June 20, 2017, 08:27:34 PM
#39
Damn OP says that he bought when price was $100, in other words 25X profit which I'm having a hard time to believe someone being rich considering if he at least bought 1000 or maybe less, any time you sell you are giving away coins from only 21M total coins so you are losing.
And it's not a movie to jump from $2500 to $5000 or $10,000 in a few days. even though price is heading that way but not so fast.
hero member
Activity: 1008
Merit: 500
June 20, 2017, 08:08:06 PM
#38
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?
Wrong move my friend,price will never reached the low price which is 1500$ again., im seeing bitcoin price will hit 5000$ before the end of this year. I will never ever sold my bitcoin this 2017.
hero member
Activity: 1106
Merit: 501
June 20, 2017, 08:02:24 PM
#37
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

It was a safe and a nice decision to make, as if it will go down you already sell some so no need to worry and if it goes up even more you still have the 90% which will make your profit higher either way its almost a win win situation but the other win is better than the other one. Keeping the 90% is a good move though because with bitcoin there is always a room for having a higher value.
member
Activity: 94
Merit: 10
June 20, 2017, 06:57:51 PM
#36
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

sold too soon imho, should have waited until 3k+

youll probably regret it later  Cry
hero member
Activity: 924
Merit: 1001
June 20, 2017, 06:34:33 PM
#35
Smart move. We're clearly in a strong downward trend and with Ethereum taking over Bitcoin we are sure to see a strong crash soon.
I've been warning people for years that we had to fix Bitcoin before it was too late. Nothing has been fixed and surprise, look what happened, bitcoin is being overrun by superior technologies.

The bitcoin religious will soon feel the pain of ignoring critical flaws that should have been fixed years ago in order to make time and space for hype and greed for fiat. The scheme is collapsing!
Developers are still doing their job and only miners can give a decision if they want to activate segwit but few months ago remember it was rejected but right now i heard that 80% of miners are agree about segwit..
So i think we will see a big changes in bitcoin after activate it. Developers are still doing their job that i think issue can be fix..
Ethereum was increase due to promotion and help by other ICO that is why the value increase this is just base what i seen..
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
June 20, 2017, 06:07:25 PM
#34
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?


Not sure why someone would sell just days before a new country of 30+ million population opens its doors to Bitcoin.
full member
Activity: 137
Merit: 100
June 20, 2017, 06:01:56 PM
#33
So now i'll ask you are you happy with your decision?
Mixed feelings Tongue
hero member
Activity: 574
Merit: 502
waiting to explode
June 20, 2017, 07:14:43 AM
#32
I keep reminding myself that a big price rise results in a big unbalance.  I started out with a reasonable allocation between crypto and other assets, but now my wealth is proportionately almost entirely crypto.  This is not healthy.  If one is holding an asset that octupled or whatever, then sell some.  It's the only sensible course of action.
I'm one of the guys who lived like a monk or a college student for years long past the age at which most Americans become foolish consumers, scraping to buy and hold as much crypto as I could.  And it has paid off.  I just needed to lift my head an look around to see that sometimes you need to change your course of action, because it can be a mistake to stick with what worked yesterday and last year.  Reevaluate.

^^  THIS
hero member
Activity: 798
Merit: 502
June 20, 2017, 07:06:49 AM
#31
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

Congrats on your profit! In trading what is important is you know when to sell your coin and you see to it that you gain profit and happy with it.

So now i'll ask you are you happy with your decision?
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
June 20, 2017, 02:31:47 AM
#30
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

That is good decision by you since your just securing your profit and we can't blame you for that since bitcoins movement quitely undefined right now And good thing you have still huge balance left since the upper thrend of bitcoins is not finish yet and provably we can see those Big prices coming up when god's grace will let those one happen. Hope we can see those huge price coming up on future.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
June 20, 2017, 02:16:13 AM
#29
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

It's a good decision and doesn't hurt you if you decided to take profits, the risk is that you could be like the people who sold at 1k previous all time high of 2013 and never saw the upside of the 2500+ Rally that happened to now which so far peaked at 3K. So if you want to reenter there is always the risk it is for more than it was when you exited. Other than that 10% is conservative and if you can use it then may as well abuse it hehe aka just have some fun with your earnings since it means they worked out. The whole point of investing is to earn money for brighter days ^^ enjoy your heyday.
hero member
Activity: 2184
Merit: 891
Leading Crypto Sports Betting and Casino Platform
June 20, 2017, 01:57:35 AM
#28
I sold about 10% of my stash. I'm not sure whether the bubble has burst or not, but I decided I'll take some profit (bought at sub $100). We might see $5000 or $10000 in the next few days, but I'm pretty sure the price will go down to $1500 (or even lower) at some point in the next few months or next year, and that's when I'll buy more. If that doesn't happen then it's fine, I'll invest in something else.

What do you think of my decision?

Oh i envy you. I envy your courage to this.
You've made a good profit out of your $100 and thats a smart move.
And the $5000 to $10000 per btc is insanely huge for few days. We need a miracle to that.
Maybe you're trying to say for the next few years? Well i think thats a realistic thought.
hero member
Activity: 1148
Merit: 504
June 19, 2017, 12:01:55 PM
#27
10% is just a small percentage. I am sure you won't miss it if the price soars to tens of thousands. It opens an opportunity to invest on other things too. I think that is a good move.
legendary
Activity: 3038
Merit: 1169
June 19, 2017, 09:35:57 AM
#26
when the user kwukduck comes here and agrees with you that should be a warning to you that you must be doing something wrong because the quacker wanker is known to always be against the market movement direction.

but as others have said it was a good idea to take some profit out. i think all the good investors have done it. you should never go all-in in both investing and also getting out.

It is his bitcoin let him take the risk in what he has done, but I am very doubting right now, especially after hearing that there is a risk in the impending Split, well for a change and for the first time I think the Duck just got a point, and for once maybe it will really crash down, it can surely happens but we don't really know what will be the exact thing to happen, but I think I would take my profits out of bitcoin just to be safe, sorry but just this once I am taking the Ducks kwaking but if the impending risk will be good for the future of bitcoin well I would certainly invest again.
sr. member
Activity: 420
Merit: 251
Moon?
June 19, 2017, 09:16:05 AM
#25
I've been holding since sub 100$ myself and have been taking some profits along the way which of course is the smart move. That said I'll still regret it when we blast past 10.000 $ etc.
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