Selling Bitcoin | Bitcointalksearch.org

JohnWick_Bitcoin

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Quote from: unknown_36 on October 16, 2017, 11:47:03 AM

I'm a week into this whole bitcoin thing so be easy on me. I wonder why you would ever sell a BTC ... For example: you buy 100 dollars worth of BTC but the price drops drastically. Why would you sell it when its that low? You KNOW it's going to go up again. You could wait a month (for example), the price will be up again. Or am i totally wrong here?

Selling bitcoins at the moment is just a waste of money because the market is still low today, we should wait for the price to grow up again to $19k just like what happened last year.

Anonylz

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If you are on a rush, just wait, do not sell your coins ecause that is a very bad decision after all, just keep waiting until it all recovers back to the normality again

SHAWN-MIDWAYS

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You are right people not only wait for months they wait for years.I my self is bitcoin holder and i never do panic sell when the price start dropping. its easy when the price decrease you should buy more coins because of bitcoin increase double when it falls down.
Show penitence in your investment and do no do panic sell. when I was new I did a mistake I sell my all coins when the price dump after that i understand the game of bitcoin and its working process

Kirito-kun

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Quote from: unknown_36 on October 16, 2017, 11:47:03 AM

I'm a week into this whole bitcoin thing so be easy on me. I wonder why you would ever sell a BTC ... For example: you buy 100 dollars worth of BTC but the price drops drastically. Why would you sell it when its that low? You KNOW it's going to go up again. You could wait a month (for example), the price will be up again. Or am i totally wrong here?

No you're not wrong because patience is the best strategy now. I mean just like you what have mention why would you sell you bitcoins at low price isn't? I think that was a bad idea. Bitcoin will definitely go up hence, we should be patience and keep holding until it goes up again, for now this the only way I know to survive.

Mastsetad

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Quote from: Monnt on June 26, 2018, 06:48:10 AM

Quote from: Barbarian on May 15, 2018, 05:47:08 PM

Quote from: ?? on ??

I don't understand why other people will choose to sell even though they are aware that the price is still low. The only thing they are going to get are losses. Instead of selling due to fear of losing, it's always suggested to hold your bitcoin for a while, until the price go back up again.

One of the reasons of why that happens is that panic has taken over them, they are no longer thinking in a logical way, they are letting their emotions getting in the way and once you do that you have already lost control over yourself and your money, this is why one of the most common advices is to always control your emotions when you are trading or investing.

It is a bad choice to sell now and is the utmost foolishness because you are in loss and you have to understand that it is a long term investment which will payoff in a high market. So wait for high market and do not sell now instead of buying more. You will be in much benefit if you make a nig collection of coins, once you get success in leading this collection into a high market then all the success is yours.

It depends on need, If you need money and no other mean to overcome your financial problem then you will have to sell your holding no matter what the price is. If you don’t money and you sell your holding for low price then it is stupid decision because of the very low price. People scare of more drop in the price and sell out their holdings today.

wiro 212

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Quote from: unknown_36 on October 16, 2017, 11:47:03 AM

I'm a week into this whole bitcoin thing so be easy on me. I wonder why you would ever sell a BTC ... For example: you buy 100 dollars worth of BTC but the price drops drastically. Why would you sell it when its that low? You KNOW it's going to go up again. You could wait a month (for example), the price will be up again. Or am i totally wrong here?

The power of the person is different, there is a strong belief that bitcoin can rise high, and some easily panic by price reduction so selling at low prices, risk and profit depends on the choice.

arinalwa

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Quote from: valentine401 on July 07, 2018, 06:51:31 AM

Quote from: unknown_36 on October 16, 2017, 11:47:03 AM

I'm a week into this whole bitcoin thing so be easy on me. I wonder why you would ever sell a BTC ... For example: you buy 100 dollars worth of BTC but the price drops drastically. Why would you sell it when its that low? You KNOW it's going to go up again. You could wait a month (for example), the price will be up again. Or am i totally wrong here?

Selling your coins at its lowest price is the worst scenario you can do and you will just keep on losing a huge amount of your investments if you do that, so try to read different speculations before investing a coin in order to determine if you will be earning profit this month or not.

I am also against selling on low price. if you can handle your daily financial problems then there is no need to sell your coins for low price. Hold them until the price reaches to your desires then sell them. I will sell my bitcoin when the price reaches atleast $25000 because I need money for my future dreams and before that time I will never sell my coins.

BitcoinCommodor

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Quote from: Rrtt on May 17, 2018, 04:42:02 PM

Quote from: Barbarian on May 15, 2018, 05:47:08 PM

Quote from: ?? on ??

I don't understand why other people will choose to sell even though they are aware that the price is still low. The only thing they are going to get are losses. Instead of selling due to fear of losing, it's always suggested to hold your bitcoin for a while, until the price go back up again.

One of the reasons of why that happens is that panic has taken over them, they are no longer thinking in a logical way, they are letting their emotions getting in the way and once you do that you have already lost control over yourself and your money, this is why one of the most common advices is to always control your emotions when you are trading or investing.

People sell there bitcoin becs. The stress level is already beyond control. They are afraid to lose that much and tend to panic.

This is not the time to sell as we know that better that price of Bitcoin is low these days however we have seen its improvement but still the market is in circle and we can afford it easily. This low market is highly achievable and affordable for a common person so we can get a lot of Bitcoins using lesser amount. Collection of Bitcoins will decide how much high the profit can be so try to make a higher collection.

0xBitcoins

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Quote from: KingdomHearts on July 07, 2018, 05:35:09 AM

We are focusing on people who sell their coins that are small fish in a big pond. Why not consider the rich whales that sell their bitcoins in order to buy short CME futures as well? That alone is the reason why there is a downtrend because whales keep selling their coins when market is afraid.

Which in result do make smaller fish sell as well and help them out but those small fishes are not the sole reason. Selling because of fear is stupid I agree, but selling in order to make the price go lower and using that capital to buy shorts on futures is actually a brilliant strategy.

Yeah whales are the big problem for small investors. In these days I think they are selling their coins and there is no demand in the market, that’s why the price is low. I think that nobody should sell their bitcoin before $20000. When there is small supply in the market, the price will automatically increase and small investors will also make some profits.

senyorito123

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Quote from: unknown_36 on October 16, 2017, 11:47:03 AM

I'm a week into this whole bitcoin thing so be easy on me. I wonder why you would ever sell a BTC ... For example: you buy 100 dollars worth of BTC but the price drops drastically. Why would you sell it when its that low? You KNOW it's going to go up again. You could wait a month (for example), the price will be up again. Or am i totally wrong here?

There is a sayings that if your hand is weak you lose,so you need to be Patience if you still do not need fiat money hold it,and trust Bitcoin's potential because it will return to it's original price soon and you should be vigilant at every price movement to win your investment.

rajsunil

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Do not sell Bitcoin now.Becase Bitcoin's price is low.In December last year the price of bitcoin was increased to $10312.8.Now the price of bitcoin is reduced to $6769.72.I think the price of bitcoin will exceed $8000 at the end of this month.It is best to sell when the price of bitcoin increases.

michellee

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maybe you need to wait for a moment before you decide to sell your bitcoin because the price can increase higher after this. but if you want to do scalping by using buy and sell then you can do this while the price is at the high price so you can wait for the price to go down again in the next moment. but if you want to use bitcoin to make a bigger profit then you need to have the patience to wait for a long time to see the price increase higher.

raphaleee

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I do not want to sell now because the price of Bitcoin has decreased.But now Bitcoin can be bought and saved because of the price drop.I think the price of Bitcoin in September will reach $8000.

Bluefel

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The price of Bitcoin in the market is declining.So do not sell bitcoin now.But now you can buy Bitcoin.I think Bitcoin's price will go up by November or December.

spartanrules

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Actually fluctuations with trendline and corrections are natural for any type of asset. Now we see downtrend of Bitcoin and it is not ended. I think it will fall down to 1,2-3K$ levels. That's why sometimes it is better to sell asset in current prices and rebuy at lower prices.

shayshaylaboogie

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Dont sell bitcoin now, just wait for a proper moment in when you can sell all of your entire balance for a good price, it does not make any sense to sell now for half of the price that it was a few months ago, just wait for a little bit more

LuciferEveningStar

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Quote from: unknown_36 on October 16, 2017, 11:47:03 AM

I'm a week into this whole bitcoin thing so be easy on me. I wonder why you would ever sell a BTC ... For example: you buy 100 dollars worth of BTC but the price drops drastically. Why would you sell it when its that low? You KNOW it's going to go up again. You could wait a month (for example), the price will be up again. Or am i totally wrong here?

Selling bitcoins today is not the best thing you can do because the market price is dumping so obviously you are just helping the market to dump even more if you will sell your coins today.

Whitly

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I agreed with you, that people shouldn't follow panic and shouldn't sell BTC cheaper, than they already bought (not sure about alts). Usually, such mistakes do newbies in trading, you always should think rationally and realize, that while you holding - you losing nothing. Easily to not think about drop for cheap, with amounts what you ready to lose, that's why, you shouldn't invest more, than you are willing to lose.

kendedese

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the problem is that humans have the necessities of life. when people need money then they will sell the bitcoin they have even if the price is cheap.

ShineftChaos

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Quote from: unknown_36 on October 16, 2017, 11:47:03 AM

I'm a week into this whole bitcoin thing so be easy on me. I wonder why you would ever sell a BTC ... For example: you buy 100 dollars worth of BTC but the price drops drastically. Why would you sell it when its that low? You KNOW it's going to go up again. You could wait a month (for example), the price will be up again. Or am i totally wrong here?

Selling bitcoins today is a very bad decision because the market prices are currently dumping and it was also the best time to invest since you can hoard a huge amount of coins in order to earn more profit when the market goes back to normal.

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