Topic: Selling Bitcoin - page 7. (Read 3048 times)
It sometimes happens that we know that price would drastically fall without any sign
I think it is your choice to sell bitcoin right now and I think you should calculate how much your profit or your loss before you decide to sell your bitcoin. and if you cannot make any profit then you don't have to sell right now because you don't make a profit and it is better to keep your bitcoin and wait for the price increases back later. I think many people still hold and keep their bitcoin and maybe they use their bitcoin to buy altcoin because I see the altcoin price trying to increase.
No you are totally right here, that's how btc community is going
You can sell btc when price is high so you have to do a wise solution
Please hold btc if price uprise. So can earn big money
Selling of bitcoin depends on the ability of you to be able to monitor the market and sell when the price raise. As usually it can high or low. But it is not right decision to sell our bitcoin for low price. If we wait for some time, we will get a good profit from it. We know bitcoin will hit a great price in couple of months.
You may be right. The truth is that no one know for sure if Bitcoin will keep rising forever. But besides the panic sellers that won't see anything other the "iminent fall", there are those that sell low to buy even lower and increase their profit. If we are in a high and the there is a correction coming soon, you may sell when there is a 5% drop to rebuy after another 10% drop; It's a valid strategy if you know what you are doing.
I agree, basically the OP does not really understand about the trade of crypto or bitcoin. I understand it
because after all everyone has a different perspective.
Why you should sell if you see that you don't have a profit already, it depends on how you manage your fund in trading.
Panic seller are always loser in trading you must have enough analysis in bitcoin price movement just hold if you don't see your profit was there.
You may be right. The truth is that no one know for sure if Bitcoin will keep rising forever. But besides the panic sellers that won't see anything other the "iminent fall", there are those that sell low to buy even lower and increase their profit. If we are in a high and the there is a correction coming soon, you may sell when there is a 5% drop to rebuy after another 10% drop; It's a valid strategy if you know what you are doing.
I agree, basically the OP does not really understand about the trade of crypto or bitcoin. I understand it
because after all everyone has a different perspective.
“Sell once it reaches the highest value for the year and Buy once the its value becomes lower” that is the best concept that you should follow in order to generate more incomes in bitcoin because it will provides you favourable opportunity.
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?
it is depends when you buy it. if you buy when market is in red,
you just need to be patient until market green again.
if you buy when green, it will have a smaller chance to gain profit.
Dont sell it yet cause there ill be a huge pump this year but it is only my predection but if predection is correct your bitcoin price now will definitly double tge price or triple .. 
Holding and waiting for going up is kind of tough situation.
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?
For me you are completely right. Why should other people sell their bitcoin when they bought that on the higher price and sell when thw price is low. They can hodl and wait for the right time to sell..maybe they are in panic , they think bitcoin will crash to zero. I don't get their idea as well.
It's not the best time to sell btc.you should wait for a while to reach btc at 20k or more.
no one knows when bitcoin will go up and when it will go down
and you should never follow the opinions of others, and also do not be easily influenced by negative news in the media
if you have no confidence in bitcoin, you will not get anything here
and you should never follow the opinions of others, and also do not be easily influenced by negative news in the media
if you have no confidence in bitcoin, you will not get anything here
You are actually being in agreement with the the facts. I also 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. Eventually, this will surely happen for the reason that it has always been that way ever since it was made. Bitcoin is volatile, therefore there will be some days where it's value will go up or go down.
for now sell bitcoin can not yet be one of the best decisions, but sell bitcoin can be done when bitcoin prices are high. currently bitcoin has not touched the highest price position so hold is the best thing.
it is better to hold the bitcoin until the price reach more than $13k because for now, I think bitcoin price is up and down too often and it's not good if we decide to sell right now. but if you can buy bitcoin at below than $10k then maybe you can make a profit although it's not big and I think you still have another time to hold and sell it later.
It is difficult for determining the timing of selling btc.
for now sell bitcoin can not yet be one of the best decisions, but sell bitcoin can be done when bitcoin prices are high. currently bitcoin has not touched the highest price position so hold is the best thing.
Bitcoin owners that sell in that low rate are those who are new as well and in panic mode because of the continuous drop of the rate of BTC. They fear that it will eventually reach zero so they are saving some of their investments.
Jump to: