Post
Topic
Board Trading Discussion
Re: When do you plan to sell?
by
moviebuff777
on 24/04/2017, 17:06:57 UTC
What is your exit point? Where will you sell your coins? How much % of your stack will you sell?

I think my exit point before I sell my holding bitcoin is when the price meet the 10,000$ that's the time I will sell some of my bitcoin holdings to get my profit through selling it at the high value of bitcoin. Wink
That would take a lot of time i dont know it will hit that price in 10years from now but hopefully it would. I cant wait to hit that price because im relying on bitcoin with my daily expenses

Yeah, he has a big hope with his bitcoins. But i think within 10 years we will see bitcoin would be reached at $10000 or may be more or may be less. But i am sure within 10 years bitcoin will be on the highest price. A lot of people have good hope with the bitcoin's future. 

If bitcoin will survive that long then there is a possibility that it will achieve that price by that time but the fact is not all people have that high patience to hold their coins that long and majority of people will start selling their coins even when it reaches $2k.

$2000 could be a good selling price for many of us that bought bitcoins at a much lower price. I would suggest holding some in case the price keeps going up. But if everyone sells at $2000, then the price will probably drop some.