When do you plan to sell? - page 71.

buyinbtc

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Quote from: GMPoison on March 31, 2017, 08:13:34 PM

Quote from: eternalgloom on March 31, 2017, 04:52:10 PM

Quote from: jeffytune on March 31, 2017, 02:40:51 PM

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?

I never keep my Bitcoin on an exchange, it's just too risky for me personally. I don't put them in cold storage either, just in a desktop wallet on my own pc.
I'll deposit them to an exchange and keep them there when I'm planning to do a trade. I never keep them there for more than 1 or 2 days.

Not a bad idea.

It is actually a very good idea, as this way you can feel more secured about these exchanges hacks and bitcoin losses, as simply if you don't keep your bitcoins there you can't lose them.

I keep my bitcoins in exchanges only if it's not more than 0.2 bitcoin- otherwise i just send them to my wallet as i don't want to risk with these coins

Osarman

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Quote from: Dimelord on April 01, 2017, 07:31:35 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?

I am holding my bitcoins as a long term investment and i dint even sell it during the BU debate.I know these are just rumours to snatch away our bitcoins.I bought my btc for $850.I assume that bitcoin price would reach $2000 by this year end and i have planned to sell it at that price.

its really a good idea to hold your bitcoin because bitcoin is the future money and i am sure bitcoin will be double its value in the future and it will be very popular and useful currency so good idea to hold it for long term investment.

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Quote from: alexsandria on April 01, 2017, 08:08:35 AM

Quote from: ethereumhunter on April 01, 2017, 07:45:32 AM

i think i make something wrong in my analyze, i think i missed something so i don't realize that the price is going up but this is good for us because we can reach $11xx again today. if we have a plan to sell in $11xx then i think this day is good to sell so we can wait for another down price to bought.

Exactly. We can't avoid to be disappointed to ourself due to unable to take tgat opporunity. However, opportunities aren't only knock once, it knock multiple times. Thus, even though you didn't taken that opportunity, expect in the other day it would come so that you can take ot easily.

I beg to disagree. Not just in the price of bitcoins, but in life in general, opportunities tend to knock only ones. There will be other opportunities but it will not exactly the same thing. Picture this, a really cute girl which is exactly the woman of your dreams was walking on the streets. You bumped on her and it was your opportunity to ask her name and number but you didn't. Do you think that girl will walk down that same street again? Possibly, if she's from that place. But are you going to be there when that happens, possibly? But not really.

The odds of the same opportunity coming is quite low.

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Quote from: ethereumhunter on April 01, 2017, 07:45:32 AM

i think i make something wrong in my analyze, i think i missed something so i don't realize that the price is going up but this is good for us because we can reach $11xx again today. if we have a plan to sell in $11xx then i think this day is good to sell so we can wait for another down price to bought.

It depends on what price you bought at. If you for example buy 1BTC at $1080, and sell at $1115, the profit margin is too insignificant for me to find with worth selling for. Of course, if you are doing that with plenty of coins at the same time, then it's different. But in current times people's holdings are only slimming down (e.g. people can't afford larger number of coins, cashing out where later the price only happens to increase further, etc.), and thus only trade with low amounts, which directly results in tiny profit margins. In order to keep things worthwhile you should wait till you have a minimum profit of 20-25% before cashing out.

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Quote from: ethereumhunter on April 01, 2017, 07:45:32 AM

i think i make something wrong in my analyze, i think i missed something so i don't realize that the price is going up but this is good for us because we can reach $11xx again today. if we have a plan to sell in $11xx then i think this day is good to sell so we can wait for another down price to bought.

Exactly. We can't avoid to be disappointed to ourself due to unable to take tgat opporunity. However, opportunities aren't only knock once, it knock multiple times. Thus, even though you didn't taken that opportunity, expect in the other day it would come so that you can take ot easily.

ethereumhunter

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i think i make something wrong in my analyze, i think i missed something so i don't realize that the price is going up but this is good for us because we can reach $11xx again today. if we have a plan to sell in $11xx then i think this day is good to sell so we can wait for another down price to bought.

Dimelord

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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?

I am holding my bitcoins as a long term investment and i dint even sell it during the BU debate.I know these are just rumours to snatch away our bitcoins.I bought my btc for $850.I assume that bitcoin price would reach $2000 by this year end and i have planned to sell it at that price.

Dr.Osh

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I guess, when you have the bitcoin prices have climbed more than $ 50 of the initial price, it is probably the best time to sell it if you want to sell bitcoin you save. but, if not in urgent circumstances, better to wait for a higher price.

cpfreeplz

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Quote from: Osarman on March 31, 2017, 05:02:14 PM

Quote from: eternalgloom on March 31, 2017, 04:52:10 PM

Quote from: jeffytune on March 31, 2017, 02:40:51 PM

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?

I never keep my Bitcoin on an exchange, it's just too risky for me personally. I don't put them in cold storage either, just in a desktop wallet on my own pc.
I'll deposit them to an exchange and keep them there when I'm planning to do a trade. I never keep them there for more than 1 or 2 days.

i agree with you that many exchange is not secure and someone easily save and secure their bitcoin in desktop wallet because its very much safe and secure then no one can be hack your bitcoin.

Any amount in an exchange is a possible donation IMO. They all go bankrupt eventually, no matter how big they are. Don't ever sell your bitcoins, just spend them when there is a spike in price.

SamsungBitcoin

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Quote from: GMPoison on March 31, 2017, 08:13:34 PM

Quote from: eternalgloom on March 31, 2017, 04:52:10 PM

Quote from: jeffytune on March 31, 2017, 02:40:51 PM

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?

I never keep my Bitcoin on an exchange, it's just too risky for me personally. I don't put them in cold storage either, just in a desktop wallet on my own pc.
I'll deposit them to an exchange and keep them there when I'm planning to do a trade. I never keep them there for more than 1 or 2 days.

Not a bad idea.

Correct that is not a bad idea but we all have different idea if you are doing regular trading i think you will keep your bitcoin even a month until you can generate income in that exchanged.
Trading method needs ling time to get good profit you want and i think more trading site is already trusted site.

GMPoison

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Quote from: eternalgloom on March 31, 2017, 04:52:10 PM

Quote from: jeffytune on March 31, 2017, 02:40:51 PM

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?

I never keep my Bitcoin on an exchange, it's just too risky for me personally. I don't put them in cold storage either, just in a desktop wallet on my own pc.
I'll deposit them to an exchange and keep them there when I'm planning to do a trade. I never keep them there for more than 1 or 2 days.

Not a bad idea.

Osarman

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Quote from: eternalgloom on March 31, 2017, 04:52:10 PM

Quote from: jeffytune on March 31, 2017, 02:40:51 PM

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?

I never keep my Bitcoin on an exchange, it's just too risky for me personally. I don't put them in cold storage either, just in a desktop wallet on my own pc.
I'll deposit them to an exchange and keep them there when I'm planning to do a trade. I never keep them there for more than 1 or 2 days.

i agree with you that many exchange is not secure and someone easily save and secure their bitcoin in desktop wallet because its very much safe and secure then no one can be hack your bitcoin.

eternalgloom

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Quote from: jeffytune on March 31, 2017, 02:40:51 PM

All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?

I never keep my Bitcoin on an exchange, it's just too risky for me personally. I don't put them in cold storage either, just in a desktop wallet on my own pc.
I'll deposit them to an exchange and keep them there when I'm planning to do a trade. I never keep them there for more than 1 or 2 days.

richardsNY

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Quote from: mhd japar siregar on March 31, 2017, 02:14:15 PM

when the price has risen more than 20% when the initial price that I buy or get, I will sell the coins that I have no doubt, even when the price rises beyond that, I probably would not regret having sold it.

It depends on how you cash out profits. If you cash out everything you have at once, it's not likely a good move since most people regret their decision later. It's better to cash out in small percentages as that will allow you to have enough coins aside for when the price goes up even higher. Same basically goes up for buying -- never buy with all your funds at once. Always make sure you have enough funds aside for when the price tanks even further. That's how it should be done.

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All traders here what policy do you employ?

Stock your btc in cold storage and move to exchange whenever you trade and sacrifice your ability to put stop loss. Or put your btc with exchange and place your stop loss I mean more like forex traders?

One another question do you employ all technical analysis stuff too for your trades or just naked trading seeing the nature of crypto currency market?

mhd japar siregar

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when the price has risen more than 20% when the initial price that I buy or get, I will sell the coins that I have no doubt, even when the price rises beyond that, I probably would not regret having sold it.

Luigi21

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I have sold all my bitcoin for 1150$ and I won't buy it until it solve all the problem that now BTC has Roll Eyes

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Quote from: bitcoinisbest on March 30, 2017, 04:05:35 AM

I think its right time to sell since markets have being puzzling a lot . reaching 1200+ and coming below 800 and again above 1000$ should be a good time to sell and hold back for further dips and buy on dips again.

I don't think so that it's the right time to sell now. We saw that bitcoin reached higher amount and it can possible to happen again. If I were you, I will be patient and will keep on waiting, if the price went back already to $1300 then that will be the best time to sell. It's better not to do panic selling but if you are satisfied with current's price, it's up to you.

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Quote from: roadbits on March 27, 2017, 07:18:21 AM

Quote from: justdimin on March 27, 2017, 04:52:17 AM

Quote from: axorb on March 26, 2017, 05:04:38 PM

Bitcoin can achieve that price in future but not sure how long it will take to reach there and if your plan is to sell your coins at that price then it will surely test your level of patience as not all have that high patience to hold their coins for such a long time and most of the users will sell their coins even if they are making small profits from it.

People always say things that they don’t actually do, last year people said that I wait for the price to reach $1000 and sell, and when it reached that price they say I will wait until it reaches $1200 and when it does they still wait until they are stuck in a circle of greedy, try to stick to your principals.

You are 100% right, and we can not control our greedy in a money matter. But I sold some of my coins when the price reached 1220$. I hold some coins to sell when the price cross 1300$ but I missed that chance when the price reached around 1300$. Now it's $980+ don't know what to do. Can I hold my coins or sell my coins. Will wait for some time if again the price goes down I will sell my coins.

Changing perspective along the way is what we called adaption. People see that Bitcoin is a different thing so they decided to set a higher goal . It is not greed but rather seeing the potential of Bitcoin and taking advantage of it.

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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?

If you are talking about bitcoin my exit point is when the reach 3000$ to 4000$ that 's the I'm gonna sell the 25% of my holdings to get my profit after a years of waiting Cheesy

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