At what point do you sell your Bitcoin forever, OR wait to buy back later ??? - page 4.

GreatArkansas

legendary

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Merit: 1394

Quote from: HardFacts on September 25, 2022, 05:31:15 PM

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1. At what point do you guys lose faith in the dream of Bitcoin going to the moon, cut your losses and sell ??

2. At what point do you sell your Bitcoin, Convert to cash, and wait to buy 20 times as many Bitcoin at a much lower price, say something like 1000 dollars ??

3. Would you never sell, no matter what is happening in the crypto world, and ride Bitcoin down to the bottom ??

1. First, I am using Bitcoin not only for investment but also for innovation of it and the future, that's why I do not a guy that is into an investment, I always expect Bitcoin will still regain it's all-time-high.

2. I will still not sell my Bitcoin not unless I need some funds that are in an emergency. Will still continue to be cheap once we will again drop below $10,000.

3. Yes, I will never sell even how dip we are or dump we will experience as I already huge drop around 2018-2019 before.

landheer

member

Activity: 467

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Indeed, no one expected bitcoin to fall further, and I myself did not think that bitcoin would fall deeper as it is today, but if we think clearly we will not be surprised because indeed the trade and economic cycles work like that, namely , there is an increase as well as a decrease. if I talk about bitcoin, of course I will sell bitcoin if there is a profit, and I have sold bitcoin at a high price, namely in 2021, which is the price range, 57000 dollars, and now I have started buying bitcoin again and I am buying bitcoin with a gradual system or can also be called the DCA system.

HardFacts

member

Activity: 434

Merit: 29

The Federal Reserve is raising interest rates, making money tighter, and popping the crypto bubble as well as many other speculative bubbles. Almost all financial assets have gone up since 2008 in the face of massive money printing, and now that party is clearly OVER. With the Federal Reserve now tightening, we will see cryptos and Bitcoin fall by more than you ever thought possible Shocked

BE HONEST: Who here would have believed last year that Bitcoin would be near 18,700 today ?? Everyone knows darn well that anyone correctly predicting such a price drop in bitcoin would have been ridiculed here in this forum. So stop the self delusion for a minute and consider that Bitcoin could still go FAR LOWER...

So here is the question I am asking you guys:

1. At what point do you guys lose faith in the dream of Bitcoin going to the moon, cut your losses and sell ??

2. At what point do you sell your Bitcoin, Convert to cash, and wait to buy 20 times as many Bitcoin at a much lower price, say something like 1000 dollars ??

3. Would you never sell, no matter what is happening in the crypto world, and ride Bitcoin down to the bottom ??

Topic: At what point do you sell your Bitcoin forever, OR wait to buy back later ??? - page 4. (Read 645 times)