No, i wouldn't do this, because it's imposible to predict the market.
It's possible that you would sell the Bitcoin at 8800$ , and the prices go at over 10.000$ afterwards and you don't get the chance to buy at a lower price.
Topic: Would you sell your Bitcoin 10% over the current market rate? (Read 197 times)
I am actually day trading so usually I buy/sell coins within a day or two and put my profits in USDT to buy few coins if price will go even deeper. I also buy coins to hold long term including bitcoin, but other coins are only good for short term trading.
I don't trust paypal like centralized payment gateway including coinbase and xapo bitcoin wallets which are actually just like paypal.
I don't trust paypal like centralized payment gateway including coinbase and xapo bitcoin wallets which are actually just like paypal.
I still use Coinbase to buy my BTC. Actually, I'm using GDAX, because of the high fees on Coinbase.
I am actually day trading so usually I buy/sell coins within a day or two and put my profits in USDT to buy few coins if price will go even deeper. I also buy coins to hold long term including bitcoin, but other coins are only good for short term trading.
I don't trust paypal like centralized payment gateway including coinbase and xapo bitcoin wallets which are actually just like paypal.
I don't trust paypal like centralized payment gateway including coinbase and xapo bitcoin wallets which are actually just like paypal.
I don't like the PayPal system so I'll never agree to such an exchange. They always cooperate with the government and perhaps in the future for such an exchange you will have to pay more taxes than you earn. I am always wary of such proposals. The most effective way to earn cryptocurrency is trading on the stock exchange. Why invent a Bicycle again?
Ofcourse I will, I will doing it(selling and buying) till I become a millionere(at least), but it is hard to find such good price for sell(( If you can do it - that go!
If you had the opportunity, would you do it?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
Nope. 10% is so small to b converted in fiat. You also need to consider the fee since it is paypal. Since bitcoin is good for long term investment, it is not a good idea to convert your Bitcoin into fiat because it will not appreciate overtime.For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
What if the Paypal fee is covered as well? So you would get 10% pure profit?
If you had the opportunity, would you do it?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
Nope. 10% is so small to b converted in fiat. You also need to consider the fee since it is paypal. Since bitcoin is good for long term investment, it is not a good idea to convert your Bitcoin into fiat because it will not appreciate overtime. For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
If you had the opportunity, would you do it?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
I would do it if I had opportunity to buy it back at usual price (8k$ in your example) For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
Free 800$ for every BTC - who will refuse? lol
It all depend on individual, 10% is good depending on the time frame the investment is locked in for. I see BTC as a store of value and I believe most people see it like this, and this is how most people see it.
I think looking at the current profit swing were are acustom to recently it will not be enough
I think looking at the current profit swing were are acustom to recently it will not be enough
What would be a good time frame in your opinion?
It all depend on individual, 10% is good depending on the time frame the investment is locked in for. I see BTC as a store of value and I believe most people see it like this, and this is how most people see it.
I think looking at the current profit swing were are acustom to recently it will not be enough
I think looking at the current profit swing were are acustom to recently it will not be enough
What you tried to say is trading, people always do this buy low and sell high, and repeat it. But you can't always make profit because most people are not able to predict the lows and highs.
It is nice and good to hold bitcoin in a long term and waiting when the price growing up, but when there was an emergency needs of money and nothing to do instead of selling bitcoin for the purpose is to provide money for emergency payments, so difinitely it is not useless to sell bitcoin even only ten percent of profits returns. That's why, in crypto business there's a lot of consideration that we must to look and consider that fits on the balancing system between users and the creator of crypto business.
If you had the opportunity, would you do it?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
Such an ideal situation will not be, thank God that I managed to sell bitcoin for another 12k, now I feel empathy for people who did not want to do it before, but now they suffer. But even so I would sell it, bitcoin is no longer interesting to me, it can not give me anything new and effective unlike alts. For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
If you had the opportunity, would you do it?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
No, I would not sell my crypto assets at a profit of only 10%. I make long-term investments, I hope that the crypto currency boom will be repeated on a larger scale and I'm interested in the profit from 1,000 percent. For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
If you had the opportunity, would you do it?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
Yes, I would do that if I get some good profits from doing it. It would be nice to have a consistent profit from time to time. And I will never exchange it for anything.
For me, it depends upon the situation, I can't say I would not sell it but if I would be able to get more profit on it then why not. But its a case to case basis, I would be able to observe it from time to time.
If you had the opportunity, would you do it?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
I'm not a short term investor, so no.
I remember buying my first bitcoin a little over 1000$, i hold it just a year and saw a significant grow.
Even now we hit a good correction on the market, bitcoin still remains cryptocurrency #1 and majority of alt coins still follow btc.
Thats why it makes me hold bitcoin now even longer, even if we hit 2 year flat market i won't sell my bitcoin still.
No way, im in bitcoin for the long run. 5-10 years. Altcoins tho, i sell those as fast as i can. Altcoins are only good for one thing, that is fast transaction times or privacy coins such as monero. All others have no real value sad to say.
If you had the opportunity, would you do it?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
yes, that's what it means to trade, but it's not as easy as you think. there are many factors and research that you should do and if you do not do then you can get stuck. For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
I don't think I'm going to sell it at this price, because it's a very cheap price, so it's not a good deal to sell bitcoins.
And I'm optimistic about the future of bitcoin, so I think I'll hold it.
And I'm optimistic about the future of bitcoin, so I think I'll hold it.
If you had the opportunity, would you do it?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
For example, you buy 1 Bitcoin for 8000$ and sell it for 8800$ but the money goes to your Paypal account?
And you could do it over and over again?
Yes, I would do that if I get some good profits from doing it. It would be nice to have a consistent profit from time to time. And I will never exchange it for anything.
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