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Topic: When will you sell bitcoin? - page 2. (Read 300 times)

full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
March 18, 2021, 07:17:42 AM
#16
This is practically the hardest question any hodler would have to answer when he bought the bitcoins to hodl. There is always the tendency for the price of bitcoin to increase in price and this is what makes it difficult because a hodler would think, why should sell now when I can make more money by hodling a bit longer and you realize the perfect moment never comes.
Personally, since I treat hodling bitcoin as an investment, I use two withdrawal methods.
Firstly, I sell after a specific period of time only when I'm in profits.  Secondly, I sell my coins when I need cash to cater for some bills especially emergencies.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
March 18, 2021, 06:40:53 AM
#15
We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
I'll sell if I think that I have to. But like the others, I might sell some when bitcoin goes $100,000. I've done a lot of mistakes selling at a low price which I've thought of as a good price and became little when bitcoin reached newer high prices.

Will sell in mid-2022. I hope that by the middle of 2022, Bitcoin will exceed 250,000 dollars. It has come up through the research of many. It is best to hold till 2022.
I hope that you have a good prediction but most likely with many predictions that I've seen, 2022 is likely to be the start of the bear market. But there's no assurance until we see it happen. Just crossing our fingers that we're going to have a good following months and years.
member
Activity: 297
Merit: 40
March 18, 2021, 05:52:44 AM
#14
We have our standard before we sell bitcoin, on my part, I will sell my bitcoin when the earnings that I can have reached my standard value or the earnings that I am expecting. There is no specific value that we could say to you to sell your bitcoin because it is up to you if you already want to do so so set your value price before selling it.
sr. member
Activity: 1638
Merit: 255
March 18, 2021, 05:51:13 AM
#13
As bitcoin will continue to rise, and now moves up and back from correction and sideaway, so there is no word to sell at the moment.
So just leave it until the price  peaks and  after that I'll sell and buy back when it corrects. Right  now  I'm  happy  to  do  short-term
trading for bitcoin, because this has added to the amount of satoshi I have now.
full member
Activity: 589
Merit: 102
March 18, 2021, 05:47:58 AM
#12
Bitcoin prices is any time to change. Before buy and sell the coin check the coin price day by day. Then time to invest and sell the coin. Follow the coin price in the marketplace price. Then plan to workouts it. Bitcoin is future currency. So hold the long time.  Before price down. Sell the Bitcoin. Bitcoin is good opportunity for the future growth. So don't lose the Bitcoin.
full member
Activity: 2548
Merit: 217
March 18, 2021, 05:29:18 AM
#11
We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
All of us have our own target prices or time .

 1.)

Example I set my Holding until The price reached 100,000$

 2.)

I will set specific time when to sell out for about 5 years from now.


Everyone of us has their own perspective and believe and also strategy , what is the most important part is the way we trust Bitcoin and the time we Hold this for future.
full member
Activity: 416
Merit: 101
March 18, 2021, 04:34:23 AM
#10
Will sell in mid-2022. I hope that by the middle of 2022, Bitcoin will exceed 250,000 dollars. It has come up through the research of many. It is best to hold till 2022.
legendary
Activity: 1512
Merit: 7340
Farewell, Leo
March 18, 2021, 04:16:51 AM
#9
We buy bitcoin because we want to earn money, right.
No, I use bitcoin, because it provides me financial freedom. It doesn't bother me that it's been widely accepted in the last year, since it makes me richer, but I mainly use it because it's granting me freedom and it's interesting.  Smiley

We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
I am a hodler, I don't hide it. I think that after the next bull run, around 2025, bitcoin may have reached half million dollars which will make a lot of hodlers retard from the game. Whether it'll reach $1M or $1000, I'll only sell if I ever need to. If you don't need money, there's no reason to sell. It's my opinion.
hero member
Activity: 1344
Merit: 540
March 18, 2021, 04:00:05 AM
#8
Do we all buy bitcoins to make money?
Yes, at some point, we have to think of making money, that's why we invested on bitcoin. But there could be others who uses it as some form of currency.

This is a mistake. I know people who have bought bitcoin as a backbone for the future, and not even one percent are thinking of making money from it.
The best time to sell is when the market is not in the hands of the whales, and in order to recognize this time, it is enough to monitor the chart for a week!
My suggestion: Never sell all your bitcoins even if they reach the highest price.

Whales will always be in the space no matter what, bearish/bullish, boom/bust this is how the market works. The best time to sell is that if you really have the need for fiat money. Someone mentions he will sell to put up his own business, others maybe thinking of buying a piece of land, etc. My point is, everyone will have a reason to sell and it's not that bad.
member
Activity: 868
Merit: 63
March 18, 2021, 03:54:09 AM
#7
Probably I won't sell any more until the next cycle and if I do it will be like 10% of my stash or so. I don't own a lot, so I think it is better to keep accumulating and see how things go. The most likely scenario for this cycle is that the ATH will be higher than $100k. For next cycle it won't be surprising to see the price between $500k and $1M.
That takes a lot of patience, I mean 3 years is a long time and hopefully you can get a lot of cash out of the bitcoin that you are going to save. Maybe if you can, try to do some kind of investment with your bitcoin instead of just hodling it so as to create an interest overtime, you are hodling and at the same time you are earning something from your investment, I plan to this but currently, I don't have that much bitcoin so I will just have to wait.
full member
Activity: 1820
Merit: 107
March 18, 2021, 03:45:23 AM
#6
We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?

It depends on everyone's purpose because not all that acquiring Bitcoin is for holding purposes, let us be true to ourselves and dont make a bluff in order to please other people dont be afraid if they call you one of the weak hands after all it's your own money, not theirs. By the way, my opinion is if I bought a Bitcoin at a lower price I would sell it today, for a higher profit because that was my purpose when I was bought bitcoin in the first place to gain a profit and not to lose. the perfect time to sell is when you got already your ideal profit range or target. and dont worry you can buy Bitcoin again in a dip.
hero member
Activity: 2842
Merit: 772
March 18, 2021, 03:10:22 AM
#5
We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?

I think everyone has its own threshold before they can sell their stash, maybe once we see bitcoin goes into 6 digits, this year, who knows. I myself has a goal too this year, however, if you think about it, bitcoin is getting harder to acquire, specially that institutions and big companies are buying millions and billions worth of BTC. Pushing the demand very high, and we all know that if supply outstrips demand, then the price could really soar by X folds.

Maybe it's better for us to save at least 1 BTC and then see how it goes.
legendary
Activity: 2436
Merit: 1362
March 18, 2021, 02:54:14 AM
#4
We buy Bitcoin for the future, and we HODL.

I bought my first Bitcoin back in January 2017, I sold a small amount in December 2017
but since then I've been stacking Satoshi's for the future. I've been signature campaigning,
completing surveys for Bitcoin rewards, squirreling away portions of my weekly wage, selling
unwanted items for cash to funnel into Bitcoin and I've taken a bank loan to buy Bitcoin and
Ethereum which is now paid back in full.

I have worked hard to accumulate and HODL while neglecting repairs and upgrades which
need to be carried out on my property so I will be selling some Bitcoin and Ethereum at $100kBTC
and again at $200kBTC while still HODLing the vast majority of Bitcoin.

This bull run has enabled me to multiply what I would have spent normally so soon I will withdraw
that amount and will essentially keep HODLing the profit.
legendary
Activity: 1372
Merit: 2017
March 18, 2021, 02:30:25 AM
#3
Probably I won't sell any more until the next cycle and if I do it will be like 10% of my stash or so. I don't own a lot, so I think it is better to keep accumulating and see how things go. The most likely scenario for this cycle is that the ATH will be higher than $100k. For next cycle it won't be surprising to see the price between $500k and $1M.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
March 18, 2021, 02:24:58 AM
#2
Maybe I will sell my bitcoin when I have enough to make a capital to make a small business and at the same time some investments. I don't have a lot of bitcoin that I hodl yet so I think that I will have to wait for a long time before I can sell my bitcoin without hesitation. I think that it is a good thing too because I can see that the prices are going to go up and I have the freedom when is the right price to sell.
copper member
Activity: 26
Merit: 3
March 18, 2021, 02:11:33 AM
#1
We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
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