Post
Topic
Board Trading Discussion
Re: When do YOU sell?
by
Jewell
on 23/06/2017, 23:47:32 UTC
I just sell it immediately I never trusts the price of bitcoin. For example:  I get the payment of 100$ and received exactly 100$ in bitcoin I will sell it immediately never waits for the price to raise that is my rule because if you are getting paid in bitcoin you don't need to wait and hold your bitcoins because you already got what you have done but sometimes I receives a payment but I am out of town and when I come back I see some up in price it gives me profit lol otherwise I don't hold.

I agree with u. I also do the same thing. I don't take risk by waiting for a big amount of money. I just sell it very fast when i think that it is a very great time to sell it. Actually from my point of view, i think it is a safe way to get profit and get the money. So, i don't wait for the increasing percentage.

well it is very good that you do not wait for the most high price of bitcoin because no one knows about the price of bitcoin that whether it will goes high or low, in my opinion you should always keep your own target for the profit and at that target you need to sell it and do not become greedy for high price because may be you wait for more high price and it come down.
but currently the price of bitcoin is expecting so high and therefore i will never take the decision to sell my bitcoin right now. i have to wait for the price when it will reach to 5000$ , and i think it is very possible because no one was even expected the the price will cross 2000$ in next 3 years when the price of bitcoin was trading below 1000$ but now we can see that the price of bitcoin is trading above 2500$ that is really a very good increasing in the price of bitcoin.