Post
Topic
Board Economics
Re: I'm not gonna sell any coin.
by
eddyubachs
on 04/07/2016, 11:02:07 UTC
I'm also not gonna sell any bitcoins because I think the bitcoin is gonna rise to a higher amount soon or later, it has a great future a head.
The halving is coming and I think that is already saying enough why you should not sell them right now.

Yup if you sell before halving then your profits it at risk and you are definitely playing with your profits, so have little patience and hold it for the halving.

If you look at it from that perspective, then yes, you may be right. But what if the price doesn't go up right now and starts sinking directly after the block halving? Then people would have regret not having sold at current prices. At this point literally anything is possible.
That's correct i think also we need to sell our bitcoin during or after halving because we already have a profit then just wait for another dump of the price then we buy more bitcoin again and wait for the long term when the price go high again.
We don't know what will happen on the halving because things are getting into stable state where we can't even feel the hype on the halving anymore. But it's great to sell because you're securing the profit, so I suggest it too.

I think price will touch to $700 in next 1 or 2 days and that will be the right time to sell some coins and secure the profits as price is comparatively lower now.