Topic: When to sell Bitcoin? - page 2. (Read 4705 times)
I regret that I didn't sold when it's around $19,000 and lately I have to sell some during it's price at $13,000 and now that it's price is on $15,000 again. There's no turning back and I have decided to sell as there's some activities that I need to fill some cash on it. I have belief that when it comes to profit, it is profit no matter how much the price of bitcoin is although it's painful and quite regretting to sell on lower price.
I wouldnt sell my bitcoins right now. I think the value of bitcoin will rise a lot in the next year. Today you cant see what will happen in the future. So you have to watch all day the pirce chart of bitcoin, and when its starts to dump more then ussually then you maybe should sell!
Op, the summary of your post that you used as the subject said it all and that was the reason why the well respected moderator has to move it to speculation section.
When you talk of when to sell it now depend on the target of take profit which you set for yourself. At the moment am more bitcoin and some good altcoins with the hope that there will be good return in the nearest future.
When you talk of when to sell it now depend on the target of take profit which you set for yourself. At the moment am more bitcoin and some good altcoins with the hope that there will be good return in the nearest future.
In my opinion, there is no good time to sell bitcoins or any other alt-coins.
Anyone investing in bitcoins needs to have a basic knowledge of “Buy the dips, then sell high”. As long as you are buying or generating bitcoins you need to constantly study the Crypto currency Market Capitalization charts. Once the graph shows a high, price reaching maximum and stays stable for a few days, you have the liberty to sell it. It also depends on your current necessity and need. If its extremely urgent for you, then anytime is the best time. However, if you are following the general rule of making profit out of it, sell only when the prices are above your capital or amount you have invested in bitcoins.
Anyone investing in bitcoins needs to have a basic knowledge of “Buy the dips, then sell high”. As long as you are buying or generating bitcoins you need to constantly study the Crypto currency Market Capitalization charts. Once the graph shows a high, price reaching maximum and stays stable for a few days, you have the liberty to sell it. It also depends on your current necessity and need. If its extremely urgent for you, then anytime is the best time. However, if you are following the general rule of making profit out of it, sell only when the prices are above your capital or amount you have invested in bitcoins.
I totally agree with you that when to sell bitcoin actually is when the price have reach a price that is high and then you can sell and make a fortune out of it and can as well reinvest in altcoin or other crtptocurrencies which can also go a long way to make profit as well.Taking advantage of stable high price can be of benefit after having consider the gain after having hold for all this while, this will be the best time to sell Bitcoin.
Yes I am one of those people who are dilemmas with this situation, I still hoard bitcoin and will not sell it all with one sale. I see now that bitcoin prices are rising again. I guess I have to be patient if I want to sell it again, because there is speculation that bitcoin prices will still increase again in 2018. So I guess it would not hurt to sell at a high price and stay patient waiting for a beautiful moment. 
The problem I see is people don't use bitcoin as an exchange for goods. We need to look at it as a currency not an investment. Though, you can sell it anytime.
The best time to sell your Bitcoin's is when you find the right price.Here the right price reffered to as the price at which you will earn tremendous profits if you sell your BTC's.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 .So if you want to earn huge profits then you should not sell your BTC's until you are in the actual need of them.
this is very old topic why you bump it. if you have hold bitcoins from 2013 it is best time to sell half of them and hold more alt
It all depends on your set target of profit that you want to earn from your investment so it doesn't matter whether it at $20,000 or $200,000.
This us what I do, I buy 20% of my income every month in btc no matter the price, then I spend 10% of it every time I need something and pay using btc directly and save the remaining 10%. This way I support the btc to spend it when and where ever I can and also hodl 10% as long term investment.
The best time to sell your Bitcoin's is when you find the right price.Here the right price reffered to as the price at which you will earn tremendous profits if you sell your BTC's.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 .So if you want to earn huge profits then you should not sell your BTC's until you are in the actual need of them.
In my opinion, there is no good time to sell bitcoins or any other alt-coins.
Anyone investing in bitcoins needs to have a basic knowledge of “Buy the dips, then sell high”. As long as you are buying or generating bitcoins you need to constantly study the Crypto currency Market Capitalization charts. Once the graph shows a high, price reaching maximum and stays stable for a few days, you have the liberty to sell it. It also depends on your current necessity and need. If its extremely urgent for you, then anytime is the best time. However, if you are following the general rule of making profit out of it, sell only when the prices are above your capital or amount you have invested in bitcoins.
Anyone investing in bitcoins needs to have a basic knowledge of “Buy the dips, then sell high”. As long as you are buying or generating bitcoins you need to constantly study the Crypto currency Market Capitalization charts. Once the graph shows a high, price reaching maximum and stays stable for a few days, you have the liberty to sell it. It also depends on your current necessity and need. If its extremely urgent for you, then anytime is the best time. However, if you are following the general rule of making profit out of it, sell only when the prices are above your capital or amount you have invested in bitcoins.
its now or never
Its a bit like deciding when to buy a new computer.
If you wait another year you'll get a better technology for a lower price, so if waiting for the best computer to come on the market was the only factor you might never buy one because you'll always be waiting for a better one to come into your price range.
But the other factor is your desire not to wait because you need one now, so even though you could wait
for a better one you decide to buy one now.
With bitcoins they may gain in value if you leave them (not guaranteed even though it is deflationary) but you might decide now is the time I need to buy a lawnmower or whatever
If you wait another year you'll get a better technology for a lower price, so if waiting for the best computer to come on the market was the only factor you might never buy one because you'll always be waiting for a better one to come into your price range.
But the other factor is your desire not to wait because you need one now, so even though you could wait
for a better one you decide to buy one now.
With bitcoins they may gain in value if you leave them (not guaranteed even though it is deflationary) but you might decide now is the time I need to buy a lawnmower or whatever
Spend it whenever you want to spend, just rebuy the coins you have used.
Unless you have regular income in Bitcoins that is the way to go o,o
Selling them? well maybe cash out your initial investment once the price is high enough, so you will never have to fear to lose something.
+1000 this Unless you have regular income in Bitcoins that is the way to go o,o
Selling them? well maybe cash out your initial investment once the price is high enough, so you will never have to fear to lose something.
...Face it, majority of bitcoins popularity is due to fantasies of flying G6's bought with money BTC made them. And majority of talk about adoption is to rise the price to get closer to private planes.
Yeah. They be acting like they drunk. http://youtu.be/GvgJEznqtms
Whenever price doubles, spend half. That way you'll never run out of coins : )
.. but then I recognise that we need to welcome all into the fold and some are slow to learn.
Thank you. I wouldn't be here otherwise. (grin)
Spend it whenever you want to spend, just rebuy the coins you have used.
Unless you have regular income in Bitcoins that is the way to go o,o
Selling them? well maybe cash out your initial investment once the price is high enough, so you will never have to fear to lose something.
Unless you have regular income in Bitcoins that is the way to go o,o
Selling them? well maybe cash out your initial investment once the price is high enough, so you will never have to fear to lose something.
I think you're all missing the point. I said "start cashing in or using". It doesn't matter if you trade for $ or use them the point is, when do you start depleting the hoard you've got?
And also, why was this post moved to speculation? I'm not asking anyone to speculate on the price. I'm asking a very serious question about the deflationary nature of Bitcoin. And I think this is one of the core issues with Bitcoin. With an inflationary currency there is no need to keep money in the bank, it will be worth less tomorrow than today. But Bitcoin is the opposite. It will be worth more tomorrow. So what motivating factors would make me want to get rid of (by any means) the bitcoins I own? What are others thinking now?
And also, why was this post moved to speculation? I'm not asking anyone to speculate on the price. I'm asking a very serious question about the deflationary nature of Bitcoin. And I think this is one of the core issues with Bitcoin. With an inflationary currency there is no need to keep money in the bank, it will be worth less tomorrow than today. But Bitcoin is the opposite. It will be worth more tomorrow. So what motivating factors would make me want to get rid of (by any means) the bitcoins I own? What are others thinking now?
Your topic was moved to speculation because your questions are referencing the exchange between USD and BTC in the future; the value of one versus the other at the time is an integral part of the conversation.
Regarding your original question: those who have bitcoins will exchange them when they want/need something else more than they want/need bitcoins. This will vary wildly from person to person.
I think you're all missing the point. I said "start cashing in or using". It doesn't matter if you trade for $ or use them the point is, when do you start depleting the hoard you've got?
And also, why was this post moved to speculation? I'm not asking anyone to speculate on the price. I'm asking a very serious question about the deflationary nature of Bitcoin. And I think this is one of the core issues with Bitcoin. With an inflationary currency there is no need to keep money in the bank, it will be worth less tomorrow than today. But Bitcoin is the opposite. It will be worth more tomorrow. So what motivating factors would make me want to get rid of (by any means) the bitcoins I own? What are others thinking now?
And also, why was this post moved to speculation? I'm not asking anyone to speculate on the price. I'm asking a very serious question about the deflationary nature of Bitcoin. And I think this is one of the core issues with Bitcoin. With an inflationary currency there is no need to keep money in the bank, it will be worth less tomorrow than today. But Bitcoin is the opposite. It will be worth more tomorrow. So what motivating factors would make me want to get rid of (by any means) the bitcoins I own? What are others thinking now?
When bitcoin becomes a generally accepted currency, you can use it for the things you really value or for things you actually need. You can't eat bitcoin or do anything useful with it by just keeping them stored in your wallet, so unless you want to spend your life just looking at your bitcoins and watch them grow in value you will want to actually spend them for something useful. I have always found it morally wrong and perverted that governments/banks pressure us into spending our money by making it slowly lose its value. Screw the cancerous perpetual economic growth dogma driven by debt and interest, we're all brainwashed into thinking that's the only right way to go forward. It's sick and retarded.
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