Topic: When do you plan to sell? - page 59. (Read 92525 times)

Quote from: roadbits on May 21, 2017, 02:31:33 PM

I take out a small portion of whatever I earn every month so I can help pay for living expenses but then 80% of what I earn I try to keep for long term goals. I have now given up on day trading as it is very stressful and being a housewife it doesn't give me any balance.

You have a very good planning you are saving a good amount but you also need to focus on investment of that saving as only saving do not give enough money to a person and saving do not make a person wealthy but if he have a source of income which will be beneficial to give him all the luxurious of life. So I am suggesting you to start a business with that money or if you cannot at least invest in trade.

Well yes besides the saving you need some more earning so that it fulfills your needs and if you want to become rich enough to live a lavish life you will need to earn quite handsome amount to make sure an addition to your savings. So that you enjoy the crunch of life… Wink

That lavish life you're talking about can hardly be accomplished through trading except if you have a lot of btcs to work with. Trading can get you decent profits and even big profits sometimes but it won't be that consistent. Or if you get lucky enough to buy a good coin during it's launch and keep it for a long time.

I have experienced this issue a couple of times. Before trading one of the most powerful job is selected the good coin, otherwise by mistake if you choose dump coin then definitely getting loose. As trading with wisely give us decent money, it's no doubt try to take some time and do it carefully instead of selling it.

yes that is one of the most important part of trading, you need to select a good coin which have more potential to increase its price and only the you can really make good proft from trading.

More coin are good at first, but in the long run it will lose its volume and scam all your investment that is why be careful on the coin you picked and much better to have multiple altcoin investment to lessen the risk and do not make too long term investment if you are not too sure on the coin which resulting to loose.

Ziskinberg

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Quote from: Flyyyy on May 21, 2017, 01:18:17 PM

Now I do not plan to sell. I really want to save a few coins for 5 years. It seems to me that this will give me a very good profit. But, I know that cryptocurrency is a risk, so my plans can be changed

Before I thought when the price cross 2000$ I would sell my coins. But now I don't have any answer for this question. Don't know when to sell my coins. I am holding it in my wallet. And the price of bitcoin is kept on moving let's see where it will stop. This time I decided to hold my coins until the price drop.

That goal though, it changes once we see the price is skyrocketing because we are afraid that we might not get a better value when we sell, the price was really easy this year and honestly I don't think it will this be aggressive. Good year for us and for bitcoin, it will continue to grow and we are going to make continues money, it's like a money tree. Grin

Zenithar

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Quote from: mrjoy15 on May 21, 2017, 12:23:38 PM

Quote from: Malsetid on May 21, 2017, 11:08:33 AM

Quote from: Flyyyy on May 21, 2017, 01:18:17 PM

I take out a small portion of whatever I earn every month so I can help pay for living expenses but then 80% of what I earn I try to keep for long term goals. I have now given up on day trading as it is very stressful and being a housewife it doesn't give me any balance.

You have a very good planning you are saving a good amount but you also need to focus on investment of that saving as only saving do not give enough money to a person and saving do not make a person wealthy but if he have a source of income which will be beneficial to give him all the luxurious of life. So I am suggesting you to start a business with that money or if you cannot at least invest in trade.

Well yes besides the saving you need some more earning so that it fulfills your needs and if you want to become rich enough to live a lavish life you will need to earn quite handsome amount to make sure an addition to your savings. So that you enjoy the crunch of life… Wink

That lavish life you're talking about can hardly be accomplished through trading except if you have a lot of btcs to work with. Trading can get you decent profits and even big profits sometimes but it won't be that consistent. Or if you get lucky enough to buy a good coin during it's launch and keep it for a long time.

I have experienced this issue a couple of times. Before trading one of the most powerful job is selected the good coin, otherwise by mistake if you choose dump coin then definitely getting loose. As trading with wisely give us decent money, it's no doubt try to take some time and do it carefully instead of selling it.

yes that is one of the most important part of trading, you need to select a good coin which have more potential to increase its price and only the you can really make good proft from trading.

roadbits

legendary

Activity: 1092

Merit: 1000

Now I do not plan to sell. I really want to save a few coins for 5 years. It seems to me that this will give me a very good profit. But, I know that cryptocurrency is a risk, so my plans can be changed

Before I thought when the price cross 2000$ I would sell my coins. But now I don't have any answer for this question. Don't know when to sell my coins. I am holding it in my wallet. And the price of bitcoin is kept on moving let's see where it will stop. This time I decided to hold my coins until the price drop.

Flyyyy

full member

Activity: 195

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Now I do not plan to sell. I really want to save a few coins for 5 years. It seems to me that this will give me a very good profit. But, I know that cryptocurrency is a risk, so my plans can be changed

mrjoy15

hero member

Activity: 854

Merit: 504

Quote from: Malsetid on May 21, 2017, 11:08:33 AM

Quote from: razoor on December 23, 2016, 07:11:03 AM

I take out a small portion of whatever I earn every month so I can help pay for living expenses but then 80% of what I earn I try to keep for long term goals. I have now given up on day trading as it is very stressful and being a housewife it doesn't give me any balance.

You have a very good planning you are saving a good amount but you also need to focus on investment of that saving as only saving do not give enough money to a person and saving do not make a person wealthy but if he have a source of income which will be beneficial to give him all the luxurious of life. So I am suggesting you to start a business with that money or if you cannot at least invest in trade.

Well yes besides the saving you need some more earning so that it fulfills your needs and if you want to become rich enough to live a lavish life you will need to earn quite handsome amount to make sure an addition to your savings. So that you enjoy the crunch of life… Wink

That lavish life you're talking about can hardly be accomplished through trading except if you have a lot of btcs to work with. Trading can get you decent profits and even big profits sometimes but it won't be that consistent. Or if you get lucky enough to buy a good coin during it's launch and keep it for a long time.

I have experienced this issue a couple of times. Before trading one of the most powerful job is selected the good coin, otherwise by mistake if you choose dump coin then definitely getting loose. As trading with wisely give us decent money, it's no doubt try to take some time and do it carefully instead of selling it.

voltesbit777

sr. member

Activity: 910

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What is your exit point? Where will you sell your coins? How much % of your stack will you sell?

I think it will take years from now before I can sell my bitcoin for the future.
I do believed for real that bitcoin will become 10,000$ up to 100, 000$ each.
And for me 10k$ is enough for me so if that happen I sell the 30% of my bitcoin holdings.

Malsetid

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CryptoTalk.Org - Get Paid for every Post!

Quote from: karabasss on May 18, 2017, 12:01:25 PM

I take out a small portion of whatever I earn every month so I can help pay for living expenses but then 80% of what I earn I try to keep for long term goals. I have now given up on day trading as it is very stressful and being a housewife it doesn't give me any balance.

You have a very good planning you are saving a good amount but you also need to focus on investment of that saving as only saving do not give enough money to a person and saving do not make a person wealthy but if he have a source of income which will be beneficial to give him all the luxurious of life. So I am suggesting you to start a business with that money or if you cannot at least invest in trade.

Well yes besides the saving you need some more earning so that it fulfills your needs and if you want to become rich enough to live a lavish life you will need to earn quite handsome amount to make sure an addition to your savings. So that you enjoy the crunch of life… Wink

That lavish life you're talking about can hardly be accomplished through trading except if you have a lot of btcs to work with. Trading can get you decent profits and even big profits sometimes but it won't be that consistent. Or if you get lucky enough to buy a good coin during it's launch and keep it for a long time.

Sled

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Bitcoin- in bullish time

Quote from: Gotottack on May 18, 2017, 10:31:04 AM

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Quote from: knightmairesaint on May 17, 2017, 11:02:27 AM

Quote from: razoor on December 23, 2016, 07:11:03 AM

What is your exit point? Where will you sell your coins? How much % of your stack will you sell?

In trading the most important things that we need is enough time to monitor the bitcoin market, to make a good profit they need to wait the right time for the right buying and selling.

Like last month that almost $1,200 is the price of bitcoin then now almost $1,750 is the price. I think who buy or save the bitcoin when time of bitcoin dump, now they earn a good profit.

but now the price of bitcoin is trading above 1800 USD and still the price of bitcoin is increasing from time to time, some people are expecting that the price of btcoin is still increasing and they are also expecting that this time the price of bitcoin is going to cross 2000 USD level and after that it is going to hit 3000 USD level.

yeah you are right that bitcoin price increasing time by time now bitcoin price $1800 and i hope it will rise to $2000 in few weeks or month so i think its good time to hold your bitcoin for the future i hope bitcoin price will be rise to $3000+ at the end of this year.

$3,000 price for bitcoin is impossible to reach this year because i believe that the maximum price that we can reach is $2,000 only and it will be after a few months because there is a lot of things that is going on bitcoin like the ransomware and also the unconfirmed transactions so bitcoin will need a lot more time to reach that price.

how can you say that 3000 USD is impossible, i think most of the people were even not believing on the 1500 USD but now we can see that the price s trading above1800 USD and it is expected that in next few days it is going to cross 2000 USD level and after that it will certainly going to cross 3000 USD level at the end of 2017, as in 2017 price of bitcoin is already double so far, and therefore we can expect that it will easily reach to 3000$ in next 7 months.

Anything is possible but I think we should expect some corrections in price along the way. I could see the bitcoin price go either way for the rest of the year.

Well, I think the correction just happened. From $1,900 back to $1,700, and now we're back to $1,850+, so I hope it just maintains this level and we should really see a $2,000 mark and we'll totally break barriers by then. I didn't really expect the prices to reach this high but I am happy about it.

I expected more correction. But, if you say that it has already passed, then I am very happy. I think I'll keep it for a few more months. This is the safest way to increase my capital

If you don't want to miss the train of bitcoin that can give you a lot of profits then buying more bitcoin every month is a good choice because it will enables you to buy the average price and also add some chance for you to easily earn profit and do not sell it for a short profit because if you will have a lot of patience then you can easily get rich with bitcoin just after at least 4 years.

carlerha

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