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Topic: Why sell now? (Read 3186 times)

sr. member
Activity: 323
Merit: 250
October 27, 2015, 01:33:30 PM
#57
That's how markets work - people have different views on the price and different timeframes for their investments.

If everyone was in agreement that the fair price was $500 right now, the price would have immediately gone up to $500.
It's thanks to these different opinions that we have buyers and sellers in the market at any given time.
hero member
Activity: 994
Merit: 500
October 27, 2015, 01:03:38 PM
#56
I would say only sell because if you need money.
For example for emergencies your bitcoin can be use very useful & helpful.
Personally i will try to hold as much as i can until i need to sell them.
newbie
Activity: 40
Merit: 0
October 27, 2015, 01:03:28 PM
#55
bitcoin will be increasing because of the demand and the halving is nearly coming so some people are keeping and collecting bitcoin because they know that the price will increase. before the year finish i think the price will above $300.

$300 is achievable by the end of the year. However, price has to be around $300 for some time to prepare for the next push.
full member
Activity: 140
Merit: 100
0x7ae5adbc7a0429a49b6e6ed4a8a89ffbbae6125f
October 27, 2015, 12:13:48 PM
#54
Some people sell there there btc because they satisfied on the price and maybe later or sooner the price will drop and they can buy again in lower price. But for the people whom is holding the btc and wAit the price reach the $500 above they will not sell.

May be you're right as with the current trend it seems to early to sell bitcoin now. Bitcoin will reach higher and higher prices in upcoming days with respect to the current market scenario. When people find any negative trend like bad news only that time is suitable for selling, not now.
bitcoin will be increasing because of the demand and the halving is nearly coming so some people are keeping and collecting bitcoin because they know that the price will increase. before the year finish i think the price will above $300.
legendary
Activity: 1554
Merit: 1054
October 27, 2015, 08:25:29 AM
#53
Some people sell there there btc because they satisfied on the price and maybe later or sooner the price will drop and they can buy again in lower price. But for the people whom is holding the btc and wAit the price reach the $500 above they will not sell.

May be you're right as with the current trend it seems to early to sell bitcoin now. Bitcoin will reach higher and higher prices in upcoming days with respect to the current market scenario. When people find any negative trend like bad news only that time is suitable for selling, not now.
full member
Activity: 140
Merit: 100
0x7ae5adbc7a0429a49b6e6ed4a8a89ffbbae6125f
October 27, 2015, 05:08:45 AM
#52
Some people sell there there btc because they satisfied on the price and maybe later or sooner the price will drop and they can buy again in lower price. But for the people whom is holding the btc and wAit the price reach the $500 above they will not sell.
hero member
Activity: 681
Merit: 507
October 27, 2015, 04:57:42 AM
#51
I guess most people who sell here are not selling their complete position. If you bought in for 210 and sell 50% of your position at 290, then your average price per btc is 130. this is risk management.
If it goes up further you have less profit but still profit, if it goes down you have fiat to accumulate more and you can also set your stop loss way lower.
newbie
Activity: 40
Merit: 0
October 27, 2015, 04:45:47 AM
#50
let them sell as much as they want. at some point they are done with dumping and we can focus on advancing to the +$300 levels.

After they sell now for around $300, they may have to buy at $500 next year. If you think bitcoin has future, just hold it.
zby
legendary
Activity: 1592
Merit: 1001
October 27, 2015, 04:40:57 AM
#49
It's pretty obvious that the long down trend in bitcoin is over and we are starting to head up. The last few weeks have given us nice increases in price. It's also obvious to any long term observer that once this rocket starts to take off, the current price (~280) will seem miniscule. Why sell now and trade against the trend? I would set some stops to protect myself, but let the price go up more before considering to sell. If anything, it is buying time right now.

It is never obvious, it cannot be obvious - because obvious would move the price already. And the alternative interpretation is that we are in the 200-300 range at the upper bound and we are now heading back to the lower bound. Once we cross 316 this alternative interpretation will be invalid and then it will be a little more obvious and the price will move up quickly. But if we cross 200 - then it will also be a little more obvious - but in the other direction.
legendary
Activity: 896
Merit: 1000
October 26, 2015, 03:10:49 PM
#48
guys please dont dump your coins. itll only lower the price Undecided just keep believing in bitcoin its bound to go up. you've hodled this long, just keep hodling on

There's a ton of people with a ton of different reasons for having BTC in their life. Who is anyone else to tell them what to do?
Yeah they are free what to do with their money... but unfortunately massively selling btc now will make the price crushing with a little profit. Seeing the ''resurrection'' of bitcoin price, it could reach 400$ in the next weeks.

let them sell as much as they want. at some point they are done with dumping and we can focus on advancing to the +$300 levels.
hero member
Activity: 672
Merit: 503
October 26, 2015, 11:07:59 AM
#47
If you sell now, you are aiming for really low gains, and you may be rendered an idiot in the future. There's actually big chances of this happening. Look at this guy for example:

https://bitcointalk.org/index.php?topic=27348.360

It must suck being him right now. Im pretty sure we will see threads like this in the future, but with way bigger sell off price. Once the price 10K, the 1K sellers will be rendered as idiots.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
October 26, 2015, 08:30:10 AM
#46

Yeah they are free what to do with their money... but unfortunately massively selling btc now will make the price crushing with a little profit. Seeing the ''resurrection'' of bitcoin price, it could reach 400$ in the next weeks.

It's never going to be a viable monetary system if we all have to cross our fingers and suppress our needs for it to succeed. It either fits around real lives or it don't.
legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
October 26, 2015, 08:23:56 AM
#45
guys please dont dump your coins. itll only lower the price Undecided just keep believing in bitcoin its bound to go up. you've hodled this long, just keep hodling on

There's a ton of people with a ton of different reasons for having BTC in their life. Who is anyone else to tell them what to do?
Yeah they are free what to do with their money... but unfortunately massively selling btc now will make the price crushing with a little profit. Seeing the ''resurrection'' of bitcoin price, it could reach 400$ in the next weeks.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
October 26, 2015, 08:15:54 AM
#44
guys please dont dump your coins. itll only lower the price Undecided just keep believing in bitcoin its bound to go up. you've hodled this long, just keep hodling on

There's a ton of people with a ton of different reasons for having BTC in their life. Who is anyone else to tell them what to do?
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
October 26, 2015, 03:34:22 AM
#43
guys please dont dump your coins. itll only lower the price Undecided just keep believing in bitcoin its bound to go up. you've hodled this long, just keep hodling on

Relax mate, price even when goes up, it goes up in cycles. It rises then it drops a bit, then it continues its growth again. The chart look pretty much like waves. Long-term we can't go nowhere but up!
legendary
Activity: 3248
Merit: 1070
October 26, 2015, 03:20:53 AM
#42
guys please dont dump your coins. itll only lower the price Undecided just keep believing in bitcoin its bound to go up. you've hodled this long, just keep hodling on

already dumped some on the previous pump to 300, because i need to loan to my family, i'm about to buy again back, what i've dumped previously

not much, just 16 btc
newbie
Activity: 40
Merit: 0
October 26, 2015, 03:16:43 AM
#41
o i didnt think about the traders lol, i guess its not that bad cuz if theyre trading coins it doesnt really affect the price that much. atleast thats what i think.

When more traders buy actively, the price will rise.
hero member
Activity: 756
Merit: 500
October 25, 2015, 09:08:25 PM
#40
o i didnt think about the traders lol, i guess its not that bad cuz if theyre trading coins it doesnt really affect the price that much. atleast thats what i think.
legendary
Activity: 2170
Merit: 1427
October 25, 2015, 08:17:06 PM
#39
guys please dont dump your coins. itll only lower the price Undecided just keep believing in bitcoin its bound to go up. you've hodled this long, just keep hodling on

$300 is the absolute top currently on exchanges as Bitstamp and Bitfinex. They didn't even made an attempt to break through the $300 barrier. Bitstamp's high is $296 and Bitfinex's high is $295.99. People know that, and that's the reason we are seeing people taking profits now instead of waiting to sell over $300.
hero member
Activity: 756
Merit: 500
October 25, 2015, 04:43:00 PM
#38
guys please dont dump your coins. itll only lower the price Undecided just keep believing in bitcoin its bound to go up. you've hodled this long, just keep hodling on
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