Topic: When to sell Bitcoin? (Read 4704 times)
Everyone has to set their limits when they sell, it's very tempting not to sell when the bitcoin rate rises and wait for a higher bitcoin rate. If everyone waited for horrible sums, the market would not move and it would not be good. I would personally wait to overcome ATH bitcoin and sell it up to $ 30000. Be sure to create bitcoin supplies now when the price is relatively low, because it is only a matter of time when the bitcoin grows.
The nature of human is never get satisfied at any point if we are looking for $20000 then it will aim for more like $50K when it reaches then the expectation will keep on increasing so it is hard to decide when to sell our coins but we only can decide that when to sell since it is our coins we only can think more about ourselves than anyone.
You can also sell your BTC's when you are in the need of money.I will suggest you to keep holding your BTC's as long as you can because it has a very bright and positive future so it will reach new heights in coming future.
The nature of human is never get satisfied at any point if we are looking for $20000 then it will aim for more like $50K when it reaches then the expectation will keep on increasing so it is hard to decide when to sell our coins but we only can decide that when to sell since it is our coins we only can think more about ourselves than anyone.
People selling their bitcoin is the price are very high but some of them are still holding bitcoin even the price is very high, they believe in bitcoin become hundred thousand dollars even million but it's not sure if it's happened or not . But the best you gotta do right now is to hold or keep period because if you sell your bitcoin now you lose money and you not earn profit.
I am certain that Bitcoin's value will continue to rise and rise. My fear, though, is that I may never want to sell. If it gets up to $10,000, that would be great but would I want to sell? Would I be holding on for $20,000, $200,000 or even $2,000,000? At what point would I say enough is enough and start cashing in or using? I have no idea. I haven't faced this yet.
But I know there are people on these forums that are facing this dilemma right now. I'm sure there are people who have acquired tens of thousands of bitcoins either by mining or buying when they were very cheap. At the current valuation, these people are already multi-millionaires. But how are they dealing with it? Are they still hoarding waiting for the price to go up even more or are they living the good life now? Any regrets?
Bitcoin keeps on fluctuating on a higher scale, so you can't conclude the exact amount of bitcoin. Sometimes its too high while sometimes its too less. Nobody can answer this question that when to sell bitcoin, just we can say is that when you are in need of money, you can sell it. Nobody knows the highest limit to which btc can reach, so to ask this question that when to sell btc is not appropriate. It all depends on your luck. But I know there are people on these forums that are facing this dilemma right now. I'm sure there are people who have acquired tens of thousands of bitcoins either by mining or buying when they were very cheap. At the current valuation, these people are already multi-millionaires. But how are they dealing with it? Are they still hoarding waiting for the price to go up even more or are they living the good life now? Any regrets?
although the price has risen a bit and has risen, but still it is not worthwhile to sell it until the price more or less is not settled
The price of bitcoin is volatile, so selling bitcoin can be an important part of consolidating your investment. You could potentially buy low and sell high to enjoy higher returns compared with just holding it.
It is best to sell your bitcoins when prices getting pumped like no reason. It actually happened later last year, everyone was buying bitcoin because it kept increasing. It meant danger for me from start..
It depends on individual thought, some do panic sell and some prefer to sell at peak, but as at now it's better to wait for at least $15000.
that's really what you say better to wait for higher bitcoin value and it's new to sell your bitcoin so you can get a big profit. and never quit with the decline that occurs in bitcoin prices if my advice hell
I am of the buy and hold an opinion at the moment. Will see if I sell off some more bitcoins in the future. Watch the market! If you want to speculate I can recommend this thread on this forum: https://bitcointalk.org/index.php?action=post;topic=288450.0;num_replies=185
Bitcoin is always secured and profitable investment so if any emergency need we should sell the Bitcoin otherwise we should hold for long term because it is one kind of precious currency this will never failed in future so we must invest in more Bitcoin this will make huge profit in future.
It depends on individual thought, some do panic sell and some prefer to sell at peak, but as at now it's better to wait for at least $15000.
I think as technology grows there will be a shift in the way we use and perceive money/currency in general. "They" (all of mankind) used to exchange goods with things like salt and precious metals. Now for the most part they use fiat, which requires physical transmission, storage, printing, and centralized entities such as the federal reserve to remain in circulation. Eventually, it makes sense that cryptocurrency is the most logical step in this natural progression. It's still very early, BTC is not even 9% as old as the Federal Reserve, and the dollar is still very strong. In addition to this, POS systems and payroll/tax situations are years behind. Bitcoin will most likely end up being a primary currency, but until then it should remain a strong alternative investment, due to the simple fact that there are trillions of dollars worth of wealth in the fiat system that will eventually move elsewhere.
In my own opinion selling Bitcoin depends on the person. You may sell it when it reaches your target price to avoid loss by selling it at lower price because it is extremely difficult to earn bitcoin in the present day.
Selling of bitcoin is purely on users self requirement. There are users who make a target to be reached and used to sell when the price reaches particular value. Some used to sell out of panic while the price falls down continuously. So, there is no fixed selling point with bitcoin.
sigh... 
You don't wanna sell your coins, you wanna SPEND them.
If everyone considers BTC as an investment vehicule, do you really think it will last ?
Please, whenever you consider spending $, check for an equivalent good/service you can pay with bitcoins.
Just spend the BTC instead of the $, you'll cut the fees and help BTC grow stronger.
there are so many different different reason why people sell their bitcoin .I also have so many reason to sell the bitcoin. The first reason is when the price of bitcoin reaches maximum I sell my bitcoin because to gain the more profit from the bitcoin and earn more money. The second is when I need a urgent money I sell my bitcoin to complete my problem. The third is when the price of bitcoin will fall I also sell my bitcoin . You don't wanna sell your coins, you wanna SPEND them.
If everyone considers BTC as an investment vehicule, do you really think it will last ?
Please, whenever you consider spending $, check for an equivalent good/service you can pay with bitcoins.
Just spend the BTC instead of the $, you'll cut the fees and help BTC grow stronger.
Everyone has his own price for everything and for selling bitcoin, whoever feels that he has to sell now because the price will fall on him and who is just panicking seeing a decline so there is no definite price framework for selling it
I am certain that Bitcoin's value will continue to rise and rise. My fear, though, is that I may never want to sell. If it gets up to $10,000, that would be great but would I want to sell? Would I be holding on for $20,000, $200,000 or even $2,000,000? At what point would I say enough is enough and start cashing in or using? I have no idea. I haven't faced this yet.
But I know there are people on these forums that are facing this dilemma right now. I'm sure there are people who have acquired tens of thousands of bitcoins either by mining or buying when they were very cheap. At the current valuation, these people are already multi-millionaires. But how are they dealing with it? Are they still hoarding waiting for the price to go up even more or are they living the good life now? Any regrets?
If you have certain goals and imagine yourself with that kind of money and you think your satisfied to that you should discipline yourself that if you hit that profit you will sell it and no regrets to be allowed. But I know there are people on these forums that are facing this dilemma right now. I'm sure there are people who have acquired tens of thousands of bitcoins either by mining or buying when they were very cheap. At the current valuation, these people are already multi-millionaires. But how are they dealing with it? Are they still hoarding waiting for the price to go up even more or are they living the good life now? Any regrets?
I may be more careful when making bitcoin sales transactions, and if it isn't urgent then it would be better to always hold it and make it an investment, as bitcoin progress will continue to grow and grow along with the growth of users and investors in bitcoin.and of course by holding bitcoin have a chance to be able to earn profits according to expectations.
I sold 75 btc last year for some home improvement when it was at 550 usd, and was planning to by again in couple of months when I got my money back from some other place again as it was locked for 6 months. That was a huge mistake as I know it will rise but didn't know that it was going to rise this fast.
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