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Topic: When will you sell bitcoin? (Read 300 times)

sr. member
Activity: 1112
Merit: 256
March 18, 2021, 04:36:23 PM
#36
It largely depends at what value you bought bitcoin or how much profit you want. If I have Bitcoin bought at 10k then it's ideal time to sell my holdings and enjoy vacations around the world. Best is to exit at decent profit. Remember haste makes waste.
member
Activity: 889
Merit: 60
March 18, 2021, 04:13:53 PM
#35
You mean when will i buy fiat money?

I try to accumulate it when it hits the bottom and everyone holding fiat is scared and want to move to cryptos. I see that happening this year.
legendary
Activity: 2716
Merit: 1855
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March 18, 2021, 03:03:42 PM
#34
when will i sell it?
of course when the target I planned has been achieved.
Buying at a very low price and targeting a high price will pay off quite a bit.
making bitcoin purchases on a weekly basis is a good strategy.
Buying bitcoins to hold and set aside for the future is a good holding strategy. We don't know the price of bitcoin will hit the new ATH again or not, but before that happened I already had a bitcoin reserve that I bought at a low price.
member
Activity: 1021
Merit: 12
March 18, 2021, 02:53:48 PM
#33
We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?

Going to sell us I need money. As you know, we buy bitcoin to earn money. If it can, and we need time to sell I'm sure when we sell there are others happy to buy it even though we will miss the moment if bitcoin flies. Therefore if you are whales, then sell this bitcoin slowly, because it is very valuable for the future.
sr. member
Activity: 1610
Merit: 264
March 18, 2021, 02:41:39 PM
#32
We buy bitcoin not because of only hodling for it to earn money.
Some have different reasons, one falls for using it to pay, another is for storing for its value and the last is both of two sides.
I do the both sides of the coin, but when I get asked when I will sell my coin. I always say anytime soon, but I won't go all-out in my coins.
jr. member
Activity: 644
Merit: 1
https://blockmembers.io/
March 18, 2021, 01:26:54 PM
#31
To me selling at $100,000 will be great. Though, it depends on how much/rate you bought yours. Those that bought at $10,000 - $30,000 can sell anywhere they like for now.
legendary
Activity: 2394
Merit: 2223
Signature space for rent
March 18, 2021, 01:17:28 PM
#30
We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
Pretty simple for me. When I need money. My thought is quite different from others because price doesn't matter for me when I need money. Because I use Bitcoin for my daily needs, although I can't spend Bitcoin directly but I can cash out it. Holding is better, but there should a target when will you sell. There should be a price zone where you want to sell. If you are a trader then it's a difficult subject. But sometimes holding would lead you to lose if you can't take a real-time decision.

Anyway, try to use the search button before creating such threads. Because there are many similar threads where you would find your answer.
hero member
Activity: 2744
Merit: 541
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March 18, 2021, 01:15:46 PM
#29
Having that future views will keep you holding your assets.

It's nice to have that goal as it will prevent you in losing such great opportunities, if you do believe that in the long run Bitcoin will provide the dream house that you are aiming, better to keep everything safe and if possible invest more for the best benefits that you'll got.

Not selling mine until I can afford to buy a house with my holdings, thats my dream actually. Definitely Bitcoin is worth holding, now that institutions are starting to accumulate it will be more valuable in the near future. It will be a waste of opportunity if I sell it too early.

I would only sell if I really needed money for the day to day, or to reinvest in a decline, but the price still has a long way to go.

Most of the holders have the same mindsets as yours they are been force to sell their coins once emergency cases happened

leaving them no choice.
full member
Activity: 333
Merit: 103
March 18, 2021, 12:48:57 PM
#28
I don't hodl much right now and don't intend to do it. I'm just selling when I need cash, no matter what the price is.
This is what I also experience right now, I don't have a lot of bitcoins at the moment, because i need cash for real life. One of my friends shared a picture how he can buy luxury items from hodl bitcoin, but I don't feel jealous because of that. Because our life needs are different. In the future, of course I want to have BTC savings that I might be able to give to pay for my children's schooling in the future or something else.
One of Warren Buffett’s most famous pieces of investing advice is devilishly simple. Before you put your money into that company you had your eye on, take out a note pad, preferably yellow, and write down the reasons for investing in it.When I bought Bitcoin in December 2017 it was priced at about $25,000 and climbing. But no sooner had I pressed “buy” on my crypto app than it crashed. People laughed; so did I. After all, I’d had a nagging feeling that all it would take to plummet was for another mug like me to buy in.



member
Activity: 518
Merit: 23
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March 18, 2021, 12:08:09 PM
#27
We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?

Hodlers sell their Bitcoin at the moment when they need cash. This Hodlers decide on whether selling their Bitcoin is profitable for them and at the same time, they are thinking of using it as something to buy for themselves. They also think of ways on how to gain more money by the profit they have gained when they saw an open opportunity to gain more Cryptocurrencies.

As for myself, I need to stop cashing out my Cryptocurrencies to buy extra food because I recently saw that I have wasted enough money for them and I believe that focusing on what's important is also good if you want to gain more money.
newbie
Activity: 11
Merit: 0
March 18, 2021, 12:03:18 PM
#26
I would only sell if I really needed money for the day to day, or to reinvest in a decline, but the price still has a long way to go.
full member
Activity: 1176
Merit: 100
The OGz Club
March 18, 2021, 11:45:19 AM
#25
We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
You know Bitcoin price is now so much volatile. Bitcoin is one of the most potential coin in the present time. I bought some Bitcoin when its price was under 20k. I will selling my Bitcoin when its price cross $100k. Then my target will fulfill and i can start up a little Business.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
March 18, 2021, 11:35:15 AM
#24
Not selling mine until I can afford to buy a house with my holdings, thats my dream actually. Definitely Bitcoin is worth holding, now that institutions are starting to accumulate it will be more valuable in the near future. It will be a waste of opportunity if I sell it too early.
legendary
Activity: 2324
Merit: 1604
hmph..
March 18, 2021, 11:26:04 AM
#23
I don't hodl much right now and don't intend to do it. I'm just selling when I need cash, no matter what the price is.
This is what I also experience right now, I don't have a lot of bitcoins at the moment, because i need cash for real life. One of my friends shared a picture how he can buy luxury items from hodl bitcoin, but I don't feel jealous because of that. Because our life needs are different. In the future, of course I want to have BTC savings that I might be able to give to pay for my children's schooling in the future or something else.
legendary
Activity: 3248
Merit: 1402
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March 18, 2021, 10:56:06 AM
#22
I don't hodl much right now and don't intend to do it. I'm just selling when I need cash, no matter what the price is. I wish at some point I wouldn't have to sell it because it would be possible to spend it directly on food and other things which are bought regularly, but for now I do what I must and sell from time to time. As for hodlers, I think it's very important to have a selling point in mind because otherwise you can hodl it for all your life without enjoying the wealth that you've accumulated. Many have $100k in mind, as I see in this thread, but I think that it should also be about Bitcoin reaching a certain price after a certain amount of time. What if it doesn't reach $100k for 5 years, 10 years, 25 years? Does it really make sense to keep hodling if the price is already pretty good? Or if it reaches $100k in a month, would you actually sell everything as you intended or would you feel inclined to set another price?
hero member
Activity: 2604
Merit: 816
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March 18, 2021, 09:52:17 AM
#21
We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
If you ask about when I sell my bitcoin, I will sell it at the peak price. Maybe it could be at $65k, $75k, or even more than $100k. But so far, I do not just sell at the highest price because I am trying to buying bitcoin at a low price and sell it at a high price and I do not just sell it at once price. I am sure every people will have their own target price to sell, and I think they will not tell the public about the price. Some people will use the time to sell their bitcoin. For example, they will sell in the next 5 years or 10 years later, while they want to accumulate more bitcoin.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
March 18, 2021, 09:01:39 AM
#20
We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
Good question mate. For me, if I have given the chance to have Bitcoins I think I will only sell what I needed for the daily lives not "wants" but only "needs" aside from that I will be hodling what's left until the day of giving it or passing it to our love ones in time we get old.
sr. member
Activity: 1092
Merit: 284
March 18, 2021, 08:49:05 AM
#19
when will you sell it?

some of us are still holding out and will not let go of bitcoin, even if there is a chance for correction, we will continue to increase the number of bitcoins we have in the portfolio. We never worry if finances are stored in bitcoin, let it accumulate over the years and we are happy with this method. given the scarcity that keeps us aggressive and will not sell it this year.
sr. member
Activity: 1484
Merit: 277
March 18, 2021, 08:11:29 AM
#18
We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?

I felt sad when I recall those days I got bitcoin in my wallet, that time while it was so cheap. An amount of 0.1 btc was too easy for me to dump just for fiat to earn instant money, because those days I really needed to earn much money for living. Without any knowledge that bitcoin will become tremendously high and could reach $50k higher. Everything I owned from the past has gone, sold for particular purpose.
full member
Activity: 453
Merit: 104
March 18, 2021, 07:38:53 AM
#17
I usually sell my bitcoin in the market condition like this. When the price rise and I can get enough profit then I sell it. I don't want to make my greed make me loose chance to get profit. Some trader miss the right timing so they get less profit or even suffer financial loss. I am a cryptocurrencies holder but didn't only hold it but sell and buy it again in the right time, I always do my best to avoid loss. Although sometimes my decision is not 100% correct but atleast I still can get profit.
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