taking some money off the table - what to sell?

CryptoTamer

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Quote from: feh on November 27, 2017, 08:57:59 AM

I purchased some bitcoin back in June, so I have equal number of bitcoin, bitcoin cash and bitcoin gold.

If I'm looking to sell enough to recoup my original investment (about 20% of current value), which of the 3 would you suggest I sell?

Thanks.

First sell Bitcoin Gold because I think this coin is less desirable,the second is Bcash but it would be better if it be patient to sell Bcash because Bcash often at the pump.
If you get a good price from selling it, I think that's enough for your purpose

dothebeats

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Bitcoin Gold since it's not doing any substantial noise compared to the two options you've listed. BCH markets had been pretty dramatic lately, and suggests that many people are also interested in playing with it meaning you could further extend your chances on making some significant profits in keeping it. On bitcoin, it's pretty much self-explanatory. You can make profit out of it even if you just let it sit on your wallet.

kimochidesh

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I suggest you not to sell anything. As crypto-market is growing like anything nowadays and new players are entering in it so it got a huge potential to rise in near future. But if you really need cash then sell BTG first followed by BCH and lastly BTC. BCH has shown some good positive movements in last few weeks and it shows a resistant base of $1200 whereas currently, BTG does not seem to be really popular among users. BTC got a huge potential to grow in future as day by day its market cap is increasing like anything so don't even think of selling it.

Raphand

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Bitcoin Gold to sell it won't be a top crypto but you still have profit on it but way for the next bigger dump.

webtricks

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Quote from: feh on November 27, 2017, 08:57:59 AM

I purchased some bitcoin back in June, so I have equal number of bitcoin, bitcoin cash and bitcoin gold.

If I'm looking to sell enough to recoup my original investment (about 20% of current value), which of the 3 would you suggest I sell?

Thanks.

Sell off your BCH and BTG as soon as possible. Their demand is just a hoax and not having real worth. They can dump very hard any soon.
It is always better to keep Your BTC with you, such forks have become common these days. Keeping BTC will ensure, you get other forked coins too. For example, I received Yobit notification about something called Bitcoin Liza. Keep hodling BTC, keep selling forked coins and you will become rich soon. Cheesy

glowing10

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Quote from: echcon271 on November 27, 2017, 09:10:49 AM

I think you should sell all of them, before the market goes down

I think bitcoin you can hold for a while and rest of the both coins you can partially sell and book your profits now. Also if you have a felling that btc prices are too high and do not want to take risk then you can sell else hold btc and see if it can continue the bull run after 10k as well.

trecore4

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Quote from: mk4 on November 27, 2017, 09:09:03 AM

Me personally, I would sell BCH and BTG and reinvest them in BTC or other cryptocurrencies with decent/good potential like ETH, IOTA, etc. It's really just up to you though, as each user here has different opinions in terms of what coins are really best in terms of investment.

Thats would be great to re-inevst your BCH and BTG holding into bitcoin, it would be more profitable actually. As the coins were free at the time of fork, so when you re-inevst them into the bitcoin then it will start getting you 100% profits as and when the ticker goes up in the price for bitcoin.

I would suggest you to invest these coins in ether as well after studying the market carefully it seems that the market depth has increased for the buy side and this proves complete volatility of the ether in upwards direction. So try out that one as well while re-inevstig the things.

flower1024

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Quote from: maarx on November 27, 2017, 11:03:39 AM

Quote from: feh on November 27, 2017, 08:57:59 AM

I purchased some bitcoin back in June, so I have equal number of bitcoin, bitcoin cash and bitcoin gold.

If I'm looking to sell enough to recoup my original investment (about 20% of current value), which of the 3 would you suggest I sell?

Thanks.

I would suggest you sell bitcoingold and bitcoincash as much as you can get your investment back you put earlier. Do not go for bitcoin as you are aware of the price growth trend, its trending upward everyday. Even the price of bitcoingold and Bitcoincash are really healthy and increasing well, better sell these two then bitcoin.

My opinion is now don't sell any coins just hold it. Look at the price table all your coins are growing including BCH and BTG. I think to wait for 2 or 3 weeks according to me again the BCH will cross $2k, and BTG will cross $500. So don't take any sudden decssion and don't get panic. Wait for the right time and make money.

miyaka26

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Quote from: feh on November 27, 2017, 08:57:59 AM

I purchased some bitcoin back in June, so I have equal number of bitcoin, bitcoin cash and bitcoin gold.

If I'm looking to sell enough to recoup my original investment (about 20% of current value), which of the 3 would you suggest I sell?

Thanks.

last weeks BCH pumps almost to $2000 plus you should sell your coins that period and you've taken the advantage from it, now it drops to $1500 plus, but first one to sell is BTG just wait for some pumps then sell so that you may got the return of your investments then you follow the BCH but wait also for the pump period, now for the BTC for my own opinion, don't ever touch or sell that coins as it possess greater potential to break it's price to 10k plus by the end of the year so that you will a double return on investments just by holding and securing it/

maarx

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Quote from: feh on November 27, 2017, 08:57:59 AM

I purchased some bitcoin back in June, so I have equal number of bitcoin, bitcoin cash and bitcoin gold.

If I'm looking to sell enough to recoup my original investment (about 20% of current value), which of the 3 would you suggest I sell?

Thanks.

I would suggest you sell bitcoingold and bitcoincash as much as you can get your investment back you put earlier. Do not go for bitcoin as you are aware of the price growth trend, its trending upward everyday. Even the price of bitcoingold and Bitcoincash are really healthy and increasing well, better sell these two then bitcoin.

milewilda

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Quote from: feh on November 27, 2017, 08:57:59 AM

I purchased some bitcoin back in June, so I have equal number of bitcoin, bitcoin cash and bitcoin gold.

If I'm looking to sell enough to recoup my original investment (about 20% of current value), which of the 3 would you suggest I sell?

Thanks.

Sell off those fork coins and reinvest them into bitcoin or into other alts like ETH or the coins to whom you do see that has potential. Dont keep up those coins better to invest on someone better.I dont have any intention or plans to keep those coins and would be better to invest on some but well it would end up to be your decision since its your own coins.

Kriptex

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Quote from: mk4 on November 27, 2017, 09:25:21 AM

Quote from: feh on November 27, 2017, 09:17:28 AM

Thanks for the suggestions.

My purchases have occurred at gdax/coinbase, which do not currently support selling cash/gold. Anybody want to recommend an exchange that does?

You can use exchanges like Binance.com to trade. Trade your BCH/BTG for BTC, then hold the BTC or exchange them once again for other coins that you want. The only downside for using exchanges like Binance is that you cant sell the BTC or other coins for fiat. You'd have to move them to coinbase or other similar services to sell for fiat.

If I have to sell them, I would start selling bitcoin gold first, and then bitcoin cash and then the last one is bitcoin. You actually shouldn't sell bitcoin, you may only sell in emergency situations. The weakest one is bitcoin gold here.

hasmukh_rawal

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You should sell BTG as it has no use right now. BCH can also be sold but then there is a rumor in the market that Bitcoin cash is going to be forked in a few months. They were saying Bitcoin cash plus is going to be the name of the new coin. In that case you could get some extra money. So selling the BTG would be the best choice and keep the money for yourself or diversify it into BTC and BCH.

mk4

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Quote from: feh on November 27, 2017, 09:17:28 AM

Thanks for the suggestions.

My purchases have occurred at gdax/coinbase, which do not currently support selling cash/gold. Anybody want to recommend an exchange that does?

You can use exchanges like Binance.com to trade. Trade your BCH/BTG for BTC, then hold the BTC or exchange them once again for other coins that you want. The only downside for using exchanges like Binance is that you cant sell the BTC or other coins for fiat. You'd have to move them to coinbase or other similar services to sell for fiat.

feh

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Quote from: deadsilent on November 27, 2017, 09:16:20 AM

That's a smart thing to do. Diversifying your portfolio. Don't put all your eggs in one basket. That's what they say. Go look at https://coinmarketcap.com
I consider top 10 cryptocurrencies as good investment options especially Ethereum.
Ethereum is undervalued but good to hold for long term because it has a good future.
Bitcoin cash is good also. Better keep it. Keep Bitcoin also. Maybe 50% for Bitcoin and 50% for altcoins since Bitcoin is really dominating the market and altcoins can fail. Here are other good altcoins to invest IMO.

1. Iota
2. Neo
3. OMG

Good luck.

I also think diversification is wise. My current holdings are 75% btc and 25% eth.

I'm actually planning on buying a third altcoin this week. I was going to go with litecoin; is there a reason these other coins are a better choice?

feh

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Thanks for the suggestions.

My purchases have occurred at gdax/coinbase, which do not currently support selling cash/gold. Anybody want to recommend an exchange that does?

deadsilent

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That's a smart thing to do. Diversifying your portfolio. Don't put all your eggs in one basket. That's what they say. Go look at https://coinmarketcap.com
I consider top 10 cryptocurrencies as good investment options especially Ethereum.
Ethereum is undervalued but good to hold for long term because it has a good future.
Bitcoin cash is good also. Better keep it. Keep Bitcoin also. Maybe 50% for Bitcoin and 50% for altcoins since Bitcoin is really dominating the market and altcoins can fail. Here are other good altcoins to invest IMO.

1. Iota
2. Neo
3. OMG

Good luck.

aardvark15

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Quote from: feh on November 27, 2017, 08:57:59 AM

I purchased some bitcoin back in June, so I have equal number of bitcoin, bitcoin cash and bitcoin gold.

If I'm looking to sell enough to recoup my original investment (about 20% of current value), which of the 3 would you suggest I sell?

Thanks.

Personally I would sell Bitcoin Gold first, then Bitcoin Cash, then Bitcoin. The chances are that Bitcoin is the one that will be around longer and will be successful longer than the other two.

You can also consider just selling a little of each one if you want to stay diversified. You probably should diversify some anyway by buying some Etherium or some other top altcoins.

Westingcote

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Bitcoin cash and bitcoin gold would be the ones to sell. you got them for free so you are getting a very good return on it and I would hold Bitcoin until we at least hit 10,000 and then reinvest when the price correction hits.

echcon271

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I think you should sell all of them, before the market goes down

mk4

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Me personally, I would sell BCH and BTG and reinvest them in BTC or other cryptocurrencies with decent/good potential like ETH, IOTA, etc. It's really just up to you though, as each user here has different opinions in terms of what coins are really best in terms of investment.

feh

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I purchased some bitcoin back in June, so I have equal number of bitcoin, bitcoin cash and bitcoin gold.

If I'm looking to sell enough to recoup my original investment (about 20% of current value), which of the 3 would you suggest I sell?

Thanks.

Topic: taking some money off the table - what to sell? (Read 384 times)