Ninjastic
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Re: Dump or long term goals?
by
milewilda
on 03/09/2016, 02:17:55 UTC
Quote from: vero on September 02, 2016, 01:52:50 AM
Quote from: Nikolaisom on August 29, 2016, 12:46:32 PM
Quote from: Cereberus on August 27, 2016, 04:54:42 PM
Quote from: Kprawn on August 27, 2016, 04:51:21 PM
We have seen a lot of people waiting in high anticipation for a BIG increase in the price during the Halving event. How many people wanted this to happen, just to dump and run and how many of them

were ignoring this and are in this for the long haul? I was planning to sell some coins at a inflated price to enjoy the fruit of my labour, but decided to hold a little longer. I already more than doubled the

amount I spend on the investment a year ago, when the price were $200+ ... but greed wants me to hoard a little bit longer. How many others wanted to do the same? I will never sell everything, but I

want to enjoy the profits.  Roll Eyes

Greed is not always a good thing but maybe in such case is a good one. You can hold the coins a little bit more. Many of the users here have long term goals or so they say at least. I am collecting coins and I have a decent amount which I am keeping for the long run. But if you bought at less than 300 if you sell them now you double your investment so maybe in this case greed is not a good thing. In the end its up to you what you think to do with your coins. Whatever you do make sure that the decision benefits you in the end in a way or another.
If you think you should dump your bitcoins i cant stop you off course but why dumping them if you can also hold them and maybe make more money with it that would be nice or not. Never
just dump your bitcoins some times you can better keep them instead of dumping them!
in my opinion destruction prices by wholesalers it is a good thing so we could take advantage of it to buy some of the bitcoin as much as we can because in my point of view if traders dump the price then they need a bubble to cover losses that have been made.

Wholesalers wont  dont such thing because  they are also waiting for a bubble to make them or gain good profits in long term. You are trully correct if someone would dump their huge volume of coins for sure it would dump its price and those oppurtunist would definitely buy bitcoin while they are still low on price.