Topic: Selling Bitcoin - page 6. (Read 3048 times)
I think selling it will be the wrong thing to be done in that specific scenario of yours because you just lowered what you can gain. Not because the value lowers down doesn't mean it will go up, what you said in the end was right it will go up in maybe a month long or year long but the wait is always worth it if its Bitcoin you ask me.
there are many things that cause someone to sell bitcoin when the price is low, and they end up losing their investment. Maybe they need money so badly that they sell bitcoin even if they lose, or they are afraid bitcoin will drop more drastically so they lose more if do not sell it as soon as possible.
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 it's 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?
This is called panic sell. Everyone I think has a sense of panic, but because the panic cannot be controlled so they have to lose the Bitcoin they have. Though the price can surely rise again, they sell it for fear the price will go down and lose more. 
Always remember this method for trading. Always Buy low and Sell high.
and if we cannot sell high at least we can try to sell if we can see a profit and although the price does not increase higher, we could take a profit. there will be a time to see the price increases higher and we need to have a patient for waiting for the price. I am sure that in the end, we can see the price increase like we want. but for now, I think it is better if we can buy another bitcoin to fill our wallet with another amount of bitcoin so we can make a lot of money after bitcoin price increase high later.
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?
if you sell it after it dropped then you might be a weak thinker. You are not thinking that it happened because of its volatility and will not stay there, however you really money for something you really need or want. Please be remind that bitcoin contains a high volatility rate, i guess bitcoin has the highest of all as of now, and not decide based on what you see now on charts, posts and pressumed datas.
Always remember this method for trading. Always Buy low and Sell high.
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?
Yeah theirs a time for a big comeback in bitcoin. Because bitcoin is very profitable thats why we need to hold until they reach high price again.
You're right. The truth is, no one knows for sure whether bitcoin will continue to rise. The price is now $9,600.
It's mainly because there's a lot of volatility in bitcoins, so long as you make money in your investments, that's right.
It's mainly because there's a lot of volatility in bitcoins, so long as you make money in your investments, that's right.
You are right and in same flank you are wrong too because no one can track the trail of bitcoins correctly
You may be right, but Bitcoin has dropped from $2xxxx and hit the end of $7xxx. This makes many people, who keep a large amount of scared bitcoin, and they have to cut losses. 
It depend on you, if you have patience its better to buy bitcoin for the reason that bitcoin is starting to rise again so you earned big for the future but if you have doubtfullness that it is fall so better sell it. And also if you have money problem selling bitcoin is the big answer on that.
We cant predict the price of bitcoin because it is so volatile so some other FUD try to sell their hodling because they are afraid of being left out and be bankrupt but they didn't know that the actual price of bitcoin is sometimes low sometimes high so why are you selling in low price in actual price that you bought bitcoin just wait until you got profit before you take the profit that you got.
This is just for me. For me, I would recommend to you to buy, but it depends to you if you like it or not. For now, I will definitely recommend to you to buy now, considering that bitcoin's value is starting to rise again from its downfall. On the other hand, as I said, it just depends on you, whether you want to buy or sell or invest. Good luck to you
It is very easy to sell Bitcoin if you have a bitcoin you can sell your Bitcoin with a bank account if your bank support Bitcoin or you can save your Bitcoin via a social media friend
We can sell btc when price of btc is uprise so we can get a big profit
I am thinking about it also and I am a newbie so I have same question
If you have patience, then it will be rewarded when, after the fall, bitcoin grows and brings you an indispensable profit. But if you need cash and can not think of anything else, then your right to sell bitcoin and solve your problems.
Bitcoin price down can cause panic to holder and if you have invest within a higher price then you should hold to avoid lose, we all know bitcoin price is constantly changing, but it is all depend on the holders.
Your concept is right but some people tends to sell bitcoin out of panic during fuds and dips. This is commonly known as weak hands. So if you can ignore the fuds and stay calm, you will profit more from bitcoin in the long term.
Why does everyone have fear? Sell their bitcoins. It is extremely stupid now to sell it. Whales just cashing out (correction) and it is normal situation. After all, correction is an integral part of growth. In any case, bitcoin will update its price records. I think in the second half of this year we will see huge rise of Bitcoin.
It's still not too late to buy Bitcoin. Because in the long term Bitcoin will grow tens of times. Just give it a little bit more time.
It's still not too late to buy Bitcoin. Because in the long term Bitcoin will grow tens of times. Just give it a little bit more time.
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