Bitcoin Forum

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?

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.

at least you will not feel guilty if you really need it. but it would be very futile if you sell it when the price is low if only used for the hall that is not important

Im quite also new here in bitcoin right now i do buy bitcoin if the price drop and sell it when it goes up. No one knows when it will rise i just follow the chain of bitcoin  for me when you invest to bitcoin its like you gamble your money because you dont know what happen next you are lucky if you invest on the right time. Advise just follow your instinct and pray that you do the right thing 😅.

For me I do about the same as well. To buy on dips or crash and usually I will decide to sell some to secure some profits. Learnt lesson when I did not learn to sell for profits in the past

For beginners with bitcoin it's very difficult to hold on and not sell, mainly because the bitcoin has a lot of volatility that can range from 100 usd to 500 usd in a matter of minutes. It is even understandable why people sell bitcoins quickly and then feel worthless because they have not held back a bit. Fear takes over and you think you will never recover from that fall in price again. But if we learn one thing with bitcoin, it always rewards us if we are patient. Whoever is buying right now can think it's too late to get in the party. But better later than never.

You might need to wait MUCH more than a month.

In December of 2013 the exchange rate got as high as $1290 per bitcoin.  Then it "dropped drastically".  It did not get back up to $1290 for 40 months!

After 2 years of not getting back up to the previous high, would you still believe that it "eventually" would?  It's easy to say that looking back at the past now, because you know what it did.  But when you are looking forward at the future, things don't always feel so certain.

What would you do if you bought more bitcoin than you could afford to lose, and needed that money during those 3 years?  You might have to sell at a loss to pay some bills or debts.

A lot of people will bite off more than they can chew and then get inpatient and just take the loss because they need to money for rent etc.

Reason for selling bitcoins is very simple. Need Fiat. I also there are times when I need the money. At this point I don't think about the price of bitcoin. I sell exactly as many coins as I need at that moment. For example, I can say that if you didn't have anything to buy food you will be selling bitcoin at $ 4,000 or wait a few months until bitcoin will be worth $ 5,000?

I agree with you Lipe490, I was like that too. It would be a good strategy, to sell in the fall and buy cheaper yet, but when they see their money go down because they do not wait for the right moment to sell or they did not buy when the time was right, they say: It sucks, Bitcoin is a fraud, not a good investment. Unfortunately, they do not know what they do, and for them, the solution is to wait for the whole system to fail, to feel good and to be able to say: did not you say it was fraud?
They are not prepared people, just ambitious, and their ambition is their ruin, and they want everyone to be ruined to feel more comfortable with their egos.

Nothing is sure , traders from one side are afraid that bitcoin price goes down , and from the other side , it's something like strategy to  avoid loosing what they earned
You wish make profit but "not to loose capital " is more prior

A great example of this was last week when Bitcoin simply jumped from a range of 4300 to 5695 (current value that is holding up) I know everybody is looking for a lower price but when I saw that I quickly sold my coins at 4574 fearing some kind of massive droping. Lesson learned

That's because people are really impatient and they don't want to wait for longer periods to get the right spot. That's why we don't see much millionaires, because they are the one who can invest big and invest bigger in the time itself. I'm pretty sure it's not about the strategic investment, those are just dumb decisions made by average investors who want to earn like millions and don't wanna loose a single penny.

Either you need to cash in due to personal circumstance, or you trade it for altcoins which can rise up a lot quicker. Also be aware parties don't usually last forever ..

We are not going into this to lose money, but to make sure you do not lose money, you should buy low and sell high for a while and

not re-invest the profits... until you break even of you show a little profit. Example : You buy bitcoins at a price of say $5500 and

then when the price goes to say $6000...you sell everything and put the +/- 500 profit to the side... You do this until your total

profits are equal to your investment capital. {Once you reach this point, your investment is risk free} Manage the risk and you will

be fine.  :)

Hi and Welcome,

People usually sell due to FUD (Fear Uncertainty and Doubt). If one does not believe in the intrinsic value of Bitcoin and has bought Bitcoin as a speculative tool just with the hopes of making profit, when the prices dip such people give into FUD and sell their coins to avoid total capital loss not knowing that it is normal for the seasoned investors in the  cryptosphere.
I wouldn't! Dayum I did not sell my ZEC for so long but I finally gave up and sold it today.. because it was eating up my potential earnings so I did not want to stay invested.. That's another reason why people might sell... If they see that they can get a better return in holding another altcoin if the current investment does not seem to benefit you as per your set targets/goals.

It happens a lot of times, but it works like any other investment, not only in bitcoins.
If you make an investment of $10000 in some kind of program, and suddenly you are in losses for about $1000 or maybe more and you heard that the company is going to close, would you sell or just wait until the price of it recovers? obviously that you are going to sell.
It is called FUD, and this is why most people are dumping their coins no matter what.

Because they think that their investment is going to lose and to covered such loses, they decided to just sold off instead of holding. Yes, you are correct in your assumption. And to add to that, you should only invest what you can afford. So that you will not be affected by the price movement specially if it goes down and seeing that your invested money is loosing profit. And instead of selling, if you see that the price is going down, you should buy instead, because in no time, bitcoin can recovered from the slump and you will see your investment grow again. That's why you will see people here regretting their decision of selling all their bitcoin when the price is down. They panic, push the sell button without thinking that in the future the price could go even further.

That's true, even deep inside your heart you know BTC will "recover" and the price will rise someday your patients can't sometimes wait long enough. I learn "weak hands" lesson the hard way, having some altcoin for so long since 2014 till December 2016 I stupidly decided to sell, I remember bitcoin price was down too, from 1000$ to 200-300 then 400-600$ Recovering. I just decided to not wait anymore and that was my biggest mistake ever... Why? Because I didn't need to sell my 80.000 coins, there was no reason like I must do it I just get bored!and in 2017 not only Bitcoin had risen dramatically, my NAV hit  2$ mark at some point.
Only good thing was   I used PC to mine this crypto for free (didn't pay for electricity)

I will say if you put 100$ and sell because the price is down you have a lot to learn. It's so tiny investment not even "a dot in the book" you should not worry at all, but if you put 10.000$ for example then things can get messy in your head and without experience in long-term investment, you may actually sell quicker than you think. Huh.

A trader friend told me you will never learn if you not lose first or sell when the price is down and you can't stand the pressure
and sell with loss your hard earned money.

in my opinion, they are selling their bitcoin even if they are losing because of their weak hands, their emotions gets in their way and affects their strategy in investment, fear is also a great factor, it differs on all sorts of people's risk tolerance. Another reason for them to sell on their loss is because they probably need the money for emergency/other expenses such as paying bills, credit cards, groceries, etc. Each and every one of us has a different goal and perception in life.

Selling of bitcoin depends on the ability of you to be able to monitor the market and sell when the price raise. you can buy again when the price falls. from that process you can make some profit.

If that is the case then it is not a lost, I mean if you really needed that amount of money in that specific time then don't regret it. Even if suddenly the next day or so, Bitcoin reached a higher price that is alright, really. Regret it if you didn't used the amount of money you needed in order for you to complete a task or to purchase a specific item that you really needed at that point. There is nothing regrettable able at that state, since we don't really know when will be the increase of price it will partake.

Everybody in the Bitcoin ecosystem is important. You need those will panic sell their bitcoins to cause a dip in the price, you need another group (the whales) to buy up the coins that have being sold at the panic era, in between is also the group who are smart to know when it's time to buy the dip and take their profit as soon as they notice q significant percentage increase of profit. This way the market remains fluid and stable.

If everyone is hodling and not selling, I believe it will have a negative outcome.

But you wouldn't know when will it gonna go down, because if you sell at a high price then it gets higher you will end up losing some profit but in this case you won't lose because you already gain profit from selling it at high price. It is somehow hard to understand the market and it cannot be fully monitored, I think what matter the most is that when will you buy and when will you sell.

My strategy is simple. Buy when you can, never sell - just hodl. Then you can never lose.

yes when we are impatient with the state of the bitcoin price slide we continue to sell it, surely we will experience a loss, although the price down certainly will eventually increase the price again, do not you on the rush to sell bitcoin when the price drops, I know maybe when you sell bitcoin at the price down you are in need of money that can not be delayed, and finally you decide to sell bitcoin cheaply.

Buying and selling of bitcoin entirely depends on the personal investment goal and risk taking capability. It also depends on your financial situation sometimes. There are a lot of people like me, who looks at the long term profit and have a stable source of income through salary or business. So people like me, are not dependent on bitcoin income. So it works like a savings for us. I personally don't sell out my holding so often. Only when I need urgent funds for some reason, I sell a minor percentage of my bitcoin holding depending on the requirement. Otherwise, I mostly hold my funds for the future. I entered in to bitcoin market when the price was below 1000 USD so I am already sitting on a huge profit as you can see. I can sell out my funds to book the profit anytime. But I know bitcoin is going to get lot higher than the current level. So my investment goal is around 10k USD per bitcoin. I will probably sell out my holdings once bitcoin reaches that mark. 

everyone has a difference. sometimes someone is so scared when bitcoin value goes down. no one ever knows for sure the increase will happen when. so this is a matter of individuality can not be denied maybe you will feel the same when the case is different. so I do not think this is the same for everyone. although we know that bitcoin persists to this day.

uh i think you shouldn't sell your bitcoin if you know that the bitcoin price will increase after the drop because if you sell your bitcoin and you know that bitcoin will rise after the huge crash well you don't have a any knowledge about trading and stop using  bitcoin. i suggest the we should keep holding

Possible they have a soft heart and their confidence with Bitcoin are more less than others. As what we knew, Bitcoin value may drop for some reason, however it would gain threefold or more.

You are not wrong. I think you are absolutely right. The price of Bitcoin is not fixed. 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.

Not good advice to expect higher returns than 5800$ per btc. Everybody is waiting for fork to get free bitcoin gold and prices will decrease drastically after hard fork. Giving another few month to investment is good idea but smart trader knows good exit price before get trapped in low price levels.

One of many Advantages about trading crypto is we own its current itself. No matter how volatile and the price is very fluctual, we still have that current.

But it is very wise if you didn't use -critical-funds in trading such as lending money, or there is something expense to pay

Hi mate, first of all I would.like to welcome you here in bitcoin community, bitcoin enthusiast.
So as I read your post, Ilit sounds that you are really confident and truly believe in bitcoin. It is totally a positive view in bitcoin at all. I hope we can see this attitude to everyone so we can eliminate those panic sellers.

Actually your question itself has a answer that is supporting my point of view. :) You said that after buying $100 worth of bitcoins the price falls drastically and this drastic fall is what we call "PANIC SELLING" and during the panic selling it is advisable to book the profits sooner in order to stop loosing your capital, and it totally depends on that trader whether being  a day trader he should book the small loss and short here or being a long term investor or trader he should look as a buying opportunity by adding more positions in order to average it. As you are enough confident on price to go up ,then you can hold your positions for sure in order to get some decent profit .

These are the reason's I think most users sell their bitcoin. One of it is, is to get rid of loses, we all know bitcoin is volatile and possibly price may decrease. So to get rid of loses most sell their bitcon  and buy back when price downfall. Also, they are already earned profit because price currently is increasing, but it really depends if you already earned sell your btc.

I was once like that due to fear of a very high price drop
and panic. I sold my btc and then regret it due to loss of
 money, if and only i was patient untill the normal price or
 higher.

well i think being ignorance in the price  of btc will have the big diff. To those who experience  if we lost yesterday let it be charge on your experience and make the a bases on the future in order for us to make choose the right dicision because making a right dicision is always make you go through the words called sucess.sucessful person is full of experience and learning.maybe some people didnt understand that the experience really is a great teacher in life.so then everybody are afraid of trying new thing because they are afraid of trying.people always afraid of the unknown even they really dont know what will happen on the next day.life is full of risk and if you donot overcome your fear taking up all risk maybe life is no challenge anymore.and nothing really happen on you.

there are three main reason that people sell their bitcoins. first is that they are afraid of loosing more money if the price of bitcoin goes down. Second is that they don't have the patience to wait for the value to rise and just sell it a little bit higher from the price they bought it. Third is the most common reason why people sell nitcoins is that they need the money for their daily needs just like me. I would not sell my bitcoins early if I could but I don't have a choice since I need to pay my bills.

Needs someone is the main reason to sell bitcoin which we have.
But the drastically inflated price is also the reason people sell bitcoin, it is a right for everyone. for example price is original $ 4000 and up to $ 5000 - $ 6000.

First of, hi and welome to bitcoin and cryptocurrency! :D. You are right, people are selling their bitcoin as of this moment even though everybody knew that it will go up and it will always go up :). Well the main reason for people like me selling bitcoin as of this moment because I am taking profit of my trades. In short, I am a short term trader. I am only trading from a day to week.

Some people still not believe that bitcoin will increase so they sell or cut loss
But for me personally, I'm invest on bitcoin every month and I hold it as long as I can. ( Hold until 2020  ;D )

Usually bitcoin sales at low prices by newcomers in bitcoin, seeing a downward market move then they usually fast fast to sell bitcoin, assuming lower prices and fear bear greater losses. This is where the instinct of each bitcoin trader and the experience of a trader, take part

I think it is a very self-defeating act for selling bitcoins at a low price, but if you buy something very important, it's okay. I recommend if you want to sell bitcoin, sell it when the bitcoin price rises.

I won't sell my bitcoin for whatever reason guys... Bitcoin has git so much to do, it's sweet to be an early adopter

people have a lot of different reasons for selling.
for example traders, are always buying and selling at all times and at all prices. if price goes down they sell to be able to buy more bitcoin at the bottom. but they sell fast and they do it at the start of the drop to be able to make profit not at the bottom.
others sell out of panic. usually it is because they are not familiar with the market, and don't know what they are doing. also sometimes it is because they didn't buy $100 worth of bitcoin, they instead bought more than they could afford to lose and panic because of that.

I also feel a great worry when the bitcoin value falls. can sometimes do something stupid.

but everyone is different. every decision is always there cause. as well as you, so you can not easily say that. although you know there will be a rebound on bitcoin.

Yes, this happens, but not a lot. Here are the probable reasons:

1. The Bitcoin holders are having some weak hands. The emotions are high and they got the better of these people. They are panic selling with a loss. Many of these people are newbies.

2.  They are targeting another altcoins which they think are going to give them a much better chance of gaining. This is some kind of a wise cut loss plan.

3. They may be in bad need of money so they have to sell their bitcoin even with a loss so that they can convert into fiat and use the money.

People relax.
As history says, every next Bitcoin panic ends up at higher level than previous panic.
Even if people sell-off or funds managers get out of Bitcoin, long-term, there are enough of supporters and investors to buy back from weak hands.
Bitcoin is only 21M.
I hold 1 BTC untouched for more than 2 years. Special 1 BTC is seating untouched forever. My mascote.  ;D

This usually is the group generally referred to as 'weak hands', 'noobs', 'newbies'.   In my view there are those who come expect miracles when they buy into crypto's and there are those who seek the knowledge to understand the crypto world, buy in and understand how markets work. 

The solution is simply not to keep track of the price too often. We all know how volatile Bitcoin is, and every small drop could be stressful if you're holding a lot. I wouldn't even know of the recent ATH had I not logged in here. Just trust the process.

If you are good at buy and sell, you will think that you will not sell your bitcoin when you know that bitcoin's price goes low unless it is an emergency and you don't have fiat money and you will sell your bitcoin. Many good investors don't panic when they see the bitcoin's price goes low. They know that in every fall of the price, there is always a time that it will go up again. Most that are selling bitcoins even they will loss some dollars are those newbies. Yes you could wait for a month at least and see observe the price of bitcoin. Bitcoin is volatile so be careful when you are selling.

You are right. In theory, we sell at a higher price than we buy. When people sell at losses, there are plenty of reasons. It could be panic selling, changing of investment to another coin or the investor need to use fund urgently and cannot wait for BTC price to rise.

The truth is so many people came into the community with belief that bitcoin is going to double their investment within a month without bothering to understand what bitcoin entails and the great value it offers. This is the reason why some panic once they see the value dropping fast and they end up selling even at losses only to realise their mistake later on. Bitcoin is very volatile most especially at this stage and it was even worst in past years, but understanding that it is the future that matters and the value it brings later on, will make any investor less scared and see dips as a chance to even buy more.

Right. And among these, panic selling is the most unnecessary. We can understand if the person had dire needs and needed to sell against his will but if you sell because you nervous hands, you're going to give yourself something to regret because of your impatience.

Some people become bitcoin probably because it is in dire need of money, it is not wrong. But if it does not really need to hold back and wait for the bitcoin price to go back up, that's a wise move in my opinion.

There may be reason that they are selling it because they need the funds in fiat, but why are you going to sell something if the value just went down knowing that there is a high chance of it going high again.

It's much better if you will just consider that whole amount was lost rather than selling it for a lower price. by doing that you still have a chance of gaining back your investment.

Yes there's nothing wrong with your thinking. If you think bitcoin is going to rise all the way, then why not just hold it all the way? Why bother to take the small profits. Just ride the up and down waves and go for the big money instead

We have different choices in life, and the reason why there are people who are selling bitcoin even if they knew that they are not going to have any profits in return is because they are scared to lose even more, so instead of waiting for another PUMP, they've panicked and just sold their bitcoin in a very low price. Lucky you if you are not a panic seller and just holding your bitcoin no matter what is happening on the market.

Mostly this huge price drop that is happening is just a whale, people who are scared will sell, and the whale will be the one who is going to be benefited by this because he is the one who is going to buy all of that bitcoin and going to wait for another PUMP to have big profits out of it.

Actually I don't sell in dump.But many trader sell btc in dump.There asre two reasons behind it.They are in profit and they want to sell defore dip then they will rebuy in DIP. Others reasons they are panic seller.They don't know market of btc in future and they don't want to sell more low that's why they sell btc in dump.You are right,if they hold few days price will rise again.

You're not wrong about this, because bitcoin fluctuates so we think you're right. Sometimes people feel panic when bitcoin prices drop by up to a few percent, but still sell it even though they lose because they tend to fear bitcoin does not return to its original price. This is called panic selling.

Bitcoin can be bought and can also be sell.In bitcoin with buying and selling you can earn so much moneynIn bitcoin you can have your return on investment and have a profit through buying and selling.

What's the point if you don't circulate the market, if everyone just HOLD there would be no trading and it would just panic crash when somebody decide to let it all go. But op is right though as BTC currently REALLY DOES back up easily when it drops, it just that your portfolio would be less profitable as you bear all the losses and gain only after it reaches over your buying price, not to mention the time used for recovery and most importantly, opportunities are wasted.

the reason I sell bitcoin is very simple where the current bitcoin price again rising fit me again need funds for my open I sell bitcoin splash that I need at that time as an example I can say that if you do not have something kebutuhaan to sell bitcoin in price again soar high

Yes you are right, but there are some people who are in panic after a dump. Or they buy lower than after the crash and want to safe the money and more than they put into bitcoin

Bitcoins for many people is an asset/ investment that would give them profit in future.
Every guy investing in BTC keeps a limit after buying them that when will he convert them to their fiat , after they see that they got sufficient profit out of the fluctuating value they sell BTC .
It is right that BTC eventually grows in long term but if we go with this then no one will sell BTC hoping for them to keep increasing .

If the current price of bitcoin is OK for you means,you can blindly sell your holding bitcoin.But you no need of money now for any emergency or financial problems means,you can hold till this month end.At this month end the price may reach 6500$.So of you want more dollar means, you can wait or else sell the bitcoin.

My advice to you is not to sell bitcoins unless and until it's a matter of emergency of utmost importance.
Because if you sell your bitcoins now you may have to regret it in the future.We can clearly make out that bitcoin is gaining fame and more and more people are acknowledging about it.The more bitcoin is put into use the more value does it gain.So don't sell your bitcoins rather try your best in holding it.

No I think you're not wrong. Yes there are some who easily panic because of the downward price, and nothing good really came when you worry too much. Now if they are doing it over and over again, at least you realize what to do when it happens, those people just let their emotions run over them.

You must sell your bitcoin if the price goes up and we all know that the price of bitcoin is not stable so that do not panic if the price of bitcoin is goes down. You must wait for the right time sell your bitcoin when the price of bitcoin is too expensive because it may result of a high income.

People sell their bitcoin when the price goes down because they panic, some people like to spread FUD and then they believe it and think the price is going to crash and not recover in a long time, then they sell, only to realize that the change in price was just a temporary thing and now are faced with a difficult choice to buy bitcoin again and lose more money or to wait for the price to go down again taking the risk bitcoin goes up once again.

You are saying this because you are new. When you will get into this whole bitcoin thing you will realize that the prices keep on fluctuating and you have to sell to buy at a lower price. Moreover some people of this forum.use this as their main source of income so they have to convert it into fiat for daily expenses.

Usually bitcoin sales at low prices by newcomers in bitcoin, looking at charts or downward market moves then they are usually straightforward to sell bitcoins with lower price assumptions and fear of losing more. Here the instincts of each bitcoin trader and the trader's experience take part. 8)

Hey  :)
At the end people who invest in the bitcoins needs money offcourse so if god forbid any situation arrise where there is a need of money and there isn't any way and you are dying to earn even a dollar, I don't think in a situation like that people think about all this.
They sell when the price is low offcourse because they need money, if they weren't in the need of it then the situation would have been so different till now and no one would mind holding onto their bitcoins till the time they reach millions^
And if someone is struggling nothing makes sense anymore thus I can find no technical answer to your questions its just that should the need arise.. people will obviously use what they have rather than ask from Someone else.

Also some people do panic selling when they think the Price is going to drop soon and it won't get up again like before..^ everyone has their own thinking that one can't control.

Right. Panic selling happens when the price of bitcoin dumps down and have fear that it will wont increase the price again. It happens because of the thought to lose the money. It is better to hold bitcoin and wait for the price to increase again. People loses their profit when having fear on the price dumps.

Well, Actually this is how bitcoin and investing work. You have to buy bitcoins with money when it drop and sell it when it increase. Last month the price was something 3000$,i bought some bitcoin and now its price is $5000+. So what you think isn't its profitable ?  Indeed, the selling of bitcoin at any point give you profit and thats the real good news for traders and even holders of bitcoins.

People are selling Bitcoin during the dumps or whenever the price is falling because they are worried that it will continue, so what they are doing is to cut the loss. But the best thing to do is to hold during the dumps or even buy more Bitcoin because as you've said, it will ecentually rise. But still, we can't blame them, that's their money. Since we are awared that Bitcoin is volatile we should not do the same thing.

no one is force you to sell your bitcoin because its your bitcoin. but for every people which is know that bitcoin will be worth or will be more expensive than now, they will hold it until they can see the price is moving back to before. it is proof for many times to us and if analyze in the exchanges, every time bitcoin price is fallen, in the next hours or next day, the price will be increase again and even it will reach more higher than before. so it is worth if we can hold it for a long time before the price is going to increase higher.

Everyone is aware of the benefits of having and keeping bitcoin. However, there's a lot of reasons why people withdraw their bitcoins. I also want to store all my bitcoin however, sometimes I need emergency money for my daily expenses, or if there's a good investment that I would like to make.

Bitcoin price now is very high about 6000$, that makes us very want to sell bitcoin, but we can wait and keep investing in the market to have more bitcoin in the future.

Those moves are from new into bitcoins.  They do not trust bitcoin that much because when the price goes down, they easily give up.  They do not know the capacity of bitcoin.  They panicked because of fear to lose some.  When you invest, not just in bitcoin but in other investment, there is always a risk.  So invest what you can affor to lose.

at 50.000 usd, perphas

certainly because of the importance or urgent needs that make people will sell it
and there is also a sense of panic that makes the heart so afraid to lose more deeply

The very essence of any investing is Buy low, sell high. Why would anyone sell their BTC on losing price? Except if its an emergency and you put all your money to BTC. BTC market is very volatile and there are times of very low value due to certain factors, that's why you need to gamble on it and trust the process. I vouch for BTC and i nearly sell it during trying times, but here we are now, BTC is on 6k usd now.

I will not sell our bitcoin now. they do not know bi market in bitcoin in the future and they do not want to sell lower because that's what they sell bitcoin in dump.
but with bitcoin buying and selling you can make a profit from the fluctuating value they sell in bitcoin. You are right that bitcoin has grown in the long run by increasing bitcoin.

Been in the crypto game a few months now, spending hours to get better at trading, still noobish but my experience sofar: Selling BTC at the high and buying back lower has been very difficult, when I do it I barely make anything. I take it as a learning experience so that one day my timing will be better. It's all about patience, and not buying/selling all at once. Don't mess with your entire holdings.

My idea is, I bought bitcoin, and I will hold it for a long time. Because bitcoin is often skyrocketing and plummeting, but in the long run, it is continuing to rise. So the best way is to buy it now, buy it right away, and then invest it as a fixed asset and store it there.

I do not do that either, but the people that do this are probably in panic when they do it, so these are persons that should never have been trading in the first place, but they get into trading because they think they are going to make some easy profits and then they find out that their ideas of making easy money were never true at all and they pay the consequences of their mistakes.

That's a good strategy but unfortunately most of people here have a weak hands and when they start seeing big whales selling of their coins, they start to panic sell and that will makes Bitcoin price down even more. But I'm not affected by this because I'm sure that Bitcoin will surpass $10k mark in a few years.

today i see there is little panic in the exchanges because the price is down in a few hours ago but gladly, now the price is trying to increase and we can hope that later the price will be back like before. maybe the price down is because the correction and for people which can use the opportunity then i can say congratulations for you because you can buy bitcoin at lower price. and while you are waiting to see the price is back, i think you can get prepare to buy again if the price is down again.

Nobody dont know will bitcoin go up or down, who bought bitcoins some years ago and were waiting huge bitcoin price they already sold theirs accumulations, now who wants to buy bitcoins they must know that its already risk because of big price and it can go down any day.

Nobody can be sure if it will be $10k or not although the signs are pointing to that direction yet. I'm just wondering what if governments start to ban (not to regulate) the usage of bitcoin. They have no other chance to protect their economic system from the effects of bitcoin. In that case people will start to sell their bitcoin massively and they won't consider to buy it back later on. Only a few of them will start to search for solutions to be able to use bitcoin in the future, most of the people will give it up. It's not the most possible scenario for the future, but a possible cause which can generate selling. I hope that it will never happen

To the investors who invest in bitcoin and to bitcoins holders it is the right time or a chance to sell your bitcoin, because the price of bitcoin today is very high. Because those who purchased bitcoin the last month dropped bitcoin value, whose value is almost 3.6k and today the value of bitcoin has risen nearly 6k. So if you sell your bitcoin today your profit is great.

Because some people want to just cut off their lossess. They think that instead of losing more they will just sell it even if the price is lower than their purchase. We can't blame them though because there are circumstances that we cannot control and there are some people who gambled everything they have to buy btc for the hope of having huge profits. So when things turn out to be not what they expected and instead of surging it dipped they then started panicking because they have no assurance when will it get back up.

Maybe that the case of others, and maybe they are new to bitcoin. Sometimes we pursue on something we do not actually know in the first place so eventually we first need to study what is up with this thing before continuing what we want to do. If they already know what's behind bitcoin investment they will not sell it at a low price and wait until they profit if that's what they'd up to.

the common thing is to buy at a high price and sell it at a cheap price, this is usually done by the merchant and this is most correct at least you are not wrong in your word on this thread

#For beginners with bitcoin it's very difficult to hold on and not sell, mainly because the bitcoin has a lot of volatility that can range from 100 usd to 500 usd in a matter of minutes. It is even understandable why people sell bitcoins quickly and then feel worthless because they have not held back a bit.

In selling your bitcoins we must be sure thatbthe prices of tge bitcoins are high. But in some cases bitcoins is decreasing but we must wait for its price to go high again before we sell our bitcoins.

I think it hard to know when bitcoin price raise or decrease, but in a short time, you maybe earn money from this, you should invest money to trading for a short time.

I’m not affected by it either I know that bitcoin has these crazy movements and I decided to invest anyway but unlike most people I know full well what I was getting into so I do not have a problem if the price of bitcoin goes down, besides in this year our earnings have been so great that even if bitcoin lost thousands of dollars most people of the forum are still on profit.

I will buy BTC and keep the price down because I hope the price increases.
Bitcoin prices have doubled, but its price doubled. My account 3000tk was 15 days to see 4000tk If you buy then what is the damage? It has become quite popular
It will continue to increase prices.

People who does the selling are those who are new in trading they do not know what they will do when they see their money dropping so they sell it because they are afraid that they might lose more. It's called panic selling eventually they will learn from their mistakes and will start holding their bitcoin.

It is a good and smart way if you buy bitcoin with a low price and then if you have a patience to hold this i think you will get a huge of money someday just sell it if the price goes up ! Many people became rich by doing that just believe and br patient always.

Unfortunately some people love the speculations and quick buck being made instead of the intrinsic value of Bitcoin, these people are also emotional and act based on greed and fear. If they get scared they will sell and run and we may never see or hear from them again.

I think you're in the right track, the thing is that people got a little scared when bitcoin price go down. So in order for them to maintain their money, they will try to hold that in that state, and when the bitcoin start to rise again, they will once again invest in bitcoin. not all people are a like they are not like you that thinks that way. But i think , in order for us to really earn in this kind of investment, we must all think the same way as you are.

They must not panic sell. I know it is painful to watch your money going down. They must know that bitcoin is unstable so it will fall and rise someday and sometimes very hard.

I had also invested some btc, but I am still holding it even when the price drops to 1k.

any person or individual must have a different mind when reselling their bitcoin. among them there is a feeling in desperate need of money where their needs can not be postponed so he inevitably will sell bitcoin despite low prices. in fact every person does not want to sell their hurry hurry bitcoin because they want to get a bigger profit, but due to fear of bitcoin will experience a drastic price drop.
 

my advice is better you buy at the price down, then sell it at the price rise you can make sure will get big enough profit.
 

Yeah that is good, but at the moment we don't have price down yet as much as $5000. It is continue to rise so how people or investor can buy in a small amount if it is still rising. It is hard to predict the amount of bitcoin but it is also good that we have a good amount of bitcoin today.

Well, let's say you bought btc with 100$ a month ago and now the price is 150$, when the price starts decreasing any wise trader will sell it before it goes bellow the 100$ he invested and thus even in such case you can guarantee a good profit between 1 and 50$ depending on the price you sold for.
Besides, most traders start panicking when they see the chart going down and they start selling to cut their losses.
You should have strong nerves to hold your fund for a long time that's way not every one can invest and succeed in trading.

The price of the bitcoin is getting high and I hope the bitcoin will be the best currency I can see how fast ht bitcoin is getting famous and the bitcoin will spread the knowledge and the earning at the same time it hope the bitcoin will help the people to buy the bitcoin and the price of the bitcoin at the same time. It is the reason the popularity of the bitcoin is increasing and people are getting in the bitcoin now.

great trivia mate.same as great advice and example.if your capital is tight i think u cant even stay holding for couple of months what more that 40 months.i think crypto is all about faith and belief in every coin that you wil investing.you should have more patience to progress in trading.thank you for this trivia mate i owe you one

Selling bitcoin now is a good choice because the value might go down very soon and you don't want that to happen because you will lose all of your bitcoin and if that happens you will be really sad.

always. We cannot speculate due to the bitcoin volatility. The price or value of bitcoin depends on the demand of supply from the market which is the bitcoin value  depends also.. So no one knows when will be the bitcoin will go down or up. But investing now adays is good idea because bitcoin is now in a higher value .

My friend did also selling he made losses because he traded wrong and he did sometimes panic selling. He is now a skilled person in trading he knows when to trade it.

He even nows somethings better than me. He also has now a lot of bitcoins he is saving them.

well i believe sellibg bitcoin must be in a right time and in a right place .i believe bitcoin is not jus like a simple money to waste over the simple thing .i believe bitcoin is verry important and it can become really a great source  of extra income someday that is why maybe  we can preserve it right now for tommorows preparation.

Yeah, after you buy 100$ worth BTC and it goes down and it is 10$ worth BTC for a month, then the next, than the next, then it goes down to 1 $, maybe you'll think differently then :D

And by the way, it is NOT the impossible scenario, we have seen BTC price go down from 1000$ to 200$ or 300$ levels and it was there for many many months.

I guess that because the greed, many people borrow money with the high interest rate to buy bitcoin. And after few weeks, when the interest is too high, they have to sell Bitcoin to repay.

The best thing to do whenever its value is falling, is to hold and invest. We should not mind the backdrops because that's a normal thing on investment, that's particularly the risk on any investment. So since you already took the risj the moment you've invested, just stick to the plan since the market value of Bitcoin is continuously increasing.

This seldom happens to people who are already well-educated about Bitcoin and trading. If this happens it means there is a very valid reason for doing so. Perhaps they have seen another much better opportunities other than Bitcoin from which they could gain much. They are probably be investing in another altcoin which is expected to pump.

The basic fundamentals of market is buy when low then sell when high. When the value in the market drop's down it does not mean that it will not rise again, It all base on the supply and demands so the best thing is to wait when there is a low of supply and the demand is high, It means that the value will increase.

Yes bitcoin is so volatile and its so risky if you going to invest here but a chance for profit is so big because differents country enjoys here so the price is grow non stop i think.Buy and sell here is good if you have big money invest here its so good even its so risky,I think invest here now and in future you have big money if you do that

you can say that after the price has gone up. someone who holds bitcoin who is not trust in bitcoin and must experience where the price drops after buy bitcoin then they will experience a panic. I've experienced it when new in bitcoin world but over time the trust in bitcoin began to strengthen and I will hold it even though the price drops. panic that makes them sell and price increases in the future we can not know because fluctuate.

Selling is a good thing to do because bitcoin can go down in value and if that happens then a lot of people will lose their minds. Because all their bitcoins will be worth nothing but they shouldn't do panic selling because bitcoin will go up again.

Who will know that bitcoin price will go up or down? No one! All we can do is just predict. When you make a prediction, you could be wrong and that's normal. When the price is fall and there is panic to sell, then you will be brought into panic and sell your bitcoin. And again, that's not wrong.
Though the formula is simple: Buy when prices is fall and sell when prices up, that's all.

maybe if a trader is longterm, he will think like you, but different from a short term trader. a longterm trading requires substantial capital. and for short term only pickup. that's my opinion

But sometimes there are prices that are really hard for traders not to sell their bitcoin. For example $7500 is a mental barrier, why? because the price is too high already and its really hard not to sell and cash out because if you get bitcoin at $2000 then you will have a good profit to make. But then again, if you are investing for longer term, you might not sell but just continue to hold and wait till the price is really very high that you can't resist to sell.

well i believe that selling bitcoin must always in high price because selling bitcoin is really like wasting if we sell it in a low price .maybe we can do selling even in a low price if we have maybe comit an accedent that really have or need a quick money to be use upon the hospital or maybe in an any damage made by an accident.

First and foremost are we really talking about selling here? There are no signs of selling here, since you are all talking about when is a good time to convert Bitcoin to Fiat to have more profit not selling them. You're going to have profit in investing not in selling. Why am I saying that you're not selling? Because for one the price of Bitcoin being too high is a good opportunity to sell, but instead you're saying that it is hard to sell at that point. I can't seem to comprehend the situation there.

You are not wrong, that is one way of dealing wit the situation. But there could be other things that would demand different way of solving. People could be selling their Bitcoins because they need money in that moment. They could be selling their coins under the price to cut their loses.  So far price has always been going up, but for how long, when will it stop. Things like that could lead to selling. Fear is most common in those things.

Bitcoin will always be sold. To sell bitcoin, sell it to a trusted customer. Bitcoin's price is up and down.

to be honest if bitcoin price fall down,don't sell your bitcoin in the low price.if you see the price graph of bitcoin,you can see that how price change.so just hold the bitcoin for a while and you will get  profit form your investment.

I sell bitcoins because bitcoin will give me money but if you hold bitcoins for to long and be to greedy you will lose your money so that is why you should sell your bitcoins at the right time and place so you can sell the bitcoins for a better future and to not be homeless.

Right words. Theory and practice are often different. A piece of luck and experience will help you in your planning. It is better to make mistakes, buy late, than do nothing at all. Inaction is always a failure in its essence.

That's what makes bitcoin so interesting. You have to become brave enough, if you want to invest with bitcoin. You have to become aware of the market and the exchage rate. You're strategies must well calculated if you want to gain a lot in selling it or to minimize you're loss if ever the luck is not with your side.

i would sell it if the price is ripe 😊

Bitcoin is a digital currency system and in the the process of one step in trading are called selling and it's a invester sell the bitcoin from the wallet  when price was  high to convert normal currency.You can convert to any of FIAT,it may be dollar, Euro or any thing else.

I think there already a lot of people who are holding their bitcoin whatever the case. The bitcoin drop on August with the banning of ICO in China was sure a big crisis for btc but it managed to recover and become even stronger. So bitcoin holders now have more faith in btc after that, that;s why there's no reason to panic and sell your btc if it goes down.

In my case, I only sell my bitcoin when I really needed the money, its price maybe low or high. Either way, in my computation, I gain already anyway.

"no one can be sure Bitcoin will go up and the price will be on top",
people who are too panicky to sell Bitcoin when the price goes down are people who use the mindset above,..

There are lot of reasons to this, such as :
1. Emergency situation. There are lot situation that can happen, like health condition, economy condition, etc. This can make people sells bitcoin even though the price is declining a lot.
2. Panic. Panic sells is often happen in an investment, especially in a fast changing investment like bitcoin, to cut the losses to go even further. And there are no guarantee that bitcoin will rise again, even though history says that bitcoin always rise, that is why people panic.
I guess, this is 2 main reasons people sells their bitcoin.

I agree that one the reasons why they sell their bitcoin is they need fiat or cash. There are time that you need fiat so that you must sell your bitcoin. However, I suggest you must still hold it because it can really help you to gain much income and we all know that there is a possibility that the price of bitcoin will increase in the future and it may lead to a high income.

It depends your investment character, it depends which role are you playing. If you satisfied for the current profit that you have then it is done turn in to cash.

sell bitcoin to do when bitcoin is increasing
Although bitcoin is increasing rapidly and more and more but no one knows the bitcoin will decrease and when and how much it decreases 1 bit ;) ;) ;)

Don't see, one day 1 BTC will be more than $25,000.
So keep and hold.

Your statement is actually true, the first rule of trading is buy low and sell high, not vice versa. The market is volatile and the value may rise and fall very quickly, I don't know whether to refer to this trend as panic attack or what but a lot of investors are actually doing it. The only time where I can sell for loss is when I am desperately in need of cash, but besides that I will be holding.

The bitcoin price at any time may change whether it is up or down. Bitcoin prices do not always go up. So if you feel the price is good and suitable then just sell because we do not know the next price will go up or down.

If you are really in need you can sold it. But try to hold some for your future purposes like hold some so you can start again because you have your capital. It might grow again someday and there's no space for regrets because you use it wisely

Many people who sell bitcoin at cheap prices may be because they need cash immediately, but I think selling bitcoin is a big mistake and will definitely get a loss and regret, you really should not sell bitcoin cheaply when the price goes down.

People who decide to sell bitcoin are doing that mostly because they are afraid that they would lose their monitor decrease value because of the instability of the cryptocurrency.

Some inexperienced people are selling their bitcoin for their less belief. They can't believe Bitcoin yet so that they are selling their BTC even if they are losing.

selling bitcoin is a lossing money in this time i think.Because bitcoin price is fall down now.we know that hold is gold .if they hold there bitcoin in the future there amount will become gold.then they can get profite from there bitcoin.But now they face some loss i think.

Usually there is a need for fiat money in some areas around the world. So maybe selling their bitcoins, initially worth $1 for example, is a logical thing to since they have made a lot of money of off it. There is also the possibility that they are exploring alt coins.

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In my personal opinion, now that this nonsense has been pointed out, any other newbie or sig ad that spams this thread before a moderator can get here to clean it up...

Ought to have their account permanently banned.

I think you are totally wrong. The only reason that people sell when the price is low is because they want instant money and not really thinking of the worth of it.

PLEASE, PLEASE, Please, please ban this guy??  ^^^

Well for me selling Bitcoin even when its value is low are most likely triggered or caused by panic. The Bitcoin market is very volatile so when the prices go down, some people would sell their Bitcoins even if the price is low just to ensure that they will still get something out of their Bitcoin.

yes, for now this is the perfect time to sell this bitcoin price because the bitcoin price is going down very sharply, and once the bitcoin is up again then we sell this bitcoin back. this is called investment work.

with the bitcoin price that is currently going down very sharply, it is time we buy this bitcoin, because this is called investment and so bitcoin prices rise again then we sell it back, and we certainly will benefit.

Well if you need money urgently then only I would recommend you to sell bitcoins otherwise hold them.Dont panic sell just because prices are going down, bitcoins has recovered from drops in past so hold them bitcoins will rise soon.Patience is the key to profit in long term investments.

Because they bought bitcoins, the price of bitcoin crashed, and they were afraid to hold on to it, fearing that it would continue to fall, so they chose to sell it for the sake of lying.

Try to ask this question your self...ıf you need a money what shall you do? Of course these people can think this but keep in mind if you scarce of financing, as you are aware I am sure that so many people around selling their assets to invest in bitcoin or borrowing from friends, banks institutions etc.

Because some people tend to panic and overthink before actually wait for the storm to calm, but some maybe because they need their money or decided that there are much better opportunity enough for them to cut their loss which most likely results to regret and failure.

All exchanges allow you to sell as well as buy. What type of exchange you choose to sell your bitcoin will depend on what type of holder you are: small investo

People sell bitcoin for the demand of their need more people sell bitcoin for money. Nowadays money is most important to survive in the world.

Guess everybody should  get perspective and goals in there trades,
why didn’t we sell when we were content but we will sell now?
coz our account is so Down...

I believe in Bitcoin so i don't sale it until it cost more than 10k$ or i will sale a little to pay something i need. The marketcap is small and it make me believe it will increase

BTC is a long term investment and also need patience and courage.If you are new investor you must see the history of  BTC,by doing this you will have an idea how to deal towards BTC. Just think that those who invested at the end of 2016 or in the beginning of 2017,whereas BTC went down many times during that period,those who maintained their patience and waited for good price think that how much rich they would be now and those who sold at that time how much they would be repenting at that time,difference is clear.Currently BTC is in downward trend and selling BTC at this stage would not give you much return,so its wise to hold your investment and wait for a good time to sell.

And what? You already invest in Bitcoin, if you are because of the crysis?.. Man, this is market, it is normal that Bitcoin to drop, but he will rise eventually. If you sell now, you will lose a lot, if you wait few more months, you can win big.

These days virtually all the methods available to buy bitcoin also offer the option to sell.The exception is bitcoin ATMs – some do allow you to exchange bitco

True. You are right. Sometimes people need fiat money urgently and they do not care about the current price of Bitcoins. In this case they HAVE TO sell cryptocurrency even if they lose money doing it.

if you sell bitcoin then you will get a better loss if you have bitcoin and if membutukan money then you should just sell some of the bitcoin you have do not sell all the assets you have directly selling in stages.

 :oOoo do not do this.Nowadays bitcoin price is decreasing but if you sell bitcoin now then you have to sell more bitcoin than previous times.So if you want to earn a good amount  of profits then you have to stop selling and hold you btc.

Selling bitcoin because one of risk that the value dropped is simply running into lost...

Inexperienced traders always do stupid things. They panic and sell the currency at a loss. You don't have to do that, be quiet.

Yes, many investors are simply afraid to lose the money they invested and that's why they drain bitcoin. There are also those who think that there won't be a higher price and they sell it at it's maximum price.

Nope,thats the right strategy in bicoin buy when the price is low and sell when the price is high

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.

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 difficult for determining the timing of selling btc.

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.

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.

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

It's not the best time to sell btc.you should wait for a while to reach btc at 20k or more.

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.

Holding and waiting for going up is kind of tough situation.

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 .. :)

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.

“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 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.

Yeah we all both have different perspective especially on how trading works and not to lose your money in start of investment.
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.

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.

Please hold btc if price uprise. So can earn big money

You can sell btc when price is high so you have to do a wise solution

No you are totally right here, that's how btc community is going

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.

It sometimes happens that we know that price would drastically fall without any sign

Why does everyone have fear? Sell their bitcoins. It is extremely stupid now to sell it. Whales just cashing out (correction) and it is normal situation. After all, correction is an integral part of growth. In any case, bitcoin will update its price records. I think in the second half of this year we will see huge rise of Bitcoin.
It's still not too late to buy Bitcoin. Because in the long term Bitcoin will grow tens of times. Just give it a little bit more time.

Your concept is right but some people tends to sell bitcoin out of panic during fuds and dips. This is commonly known as weak hands. So if you can ignore the fuds and stay calm, you will profit more from bitcoin in the long term.

Bitcoin price down can cause panic to holder and if you have invest within a higher price then you should hold to avoid lose, we all know bitcoin price is constantly changing, but it is all depend on the holders.

If you have patience, then it will be rewarded when, after the fall, bitcoin grows and brings you an indispensable profit. But if you need cash and can not think of anything else, then your right to sell bitcoin and solve your problems.

I am thinking about it also and I am a newbie so I have same question

We can sell btc when price of btc is uprise so we can get a big profit

It is very easy to sell Bitcoin if you have a bitcoin you can sell your Bitcoin with a bank account if your bank support Bitcoin or you can save your Bitcoin via a social media friend

This is just for me. For me, I would recommend to you to buy, but it depends to you if you like it or not. For now, I will definitely recommend to you to buy now, considering that bitcoin's value is starting to rise again from its downfall. On the other hand, as I said, it just depends on you, whether you want to buy or sell or invest. Good luck to you

We cant predict the price of bitcoin because it is so volatile so some other FUD try to sell their hodling because they are afraid of being left out and be bankrupt but they didn't know that the actual price of bitcoin is sometimes low sometimes high so why are you selling in low price in actual price that you bought bitcoin just wait until you got profit before you take the profit that you got.

It depend on you, if you have patience its better to buy bitcoin for the reason that bitcoin is starting to rise again so you earned big for the future but if you have doubtfullness that it is fall so better sell it. And also if you have money problem selling bitcoin is the big answer on that.

You may be right, but Bitcoin has dropped from $2xxxx and hit the end of $7xxx. This makes many people, who keep a large amount of scared bitcoin, and they have to cut losses. ???

You are right and in same flank you are wrong too because no one can track the trail of bitcoins correctly

You're right. The truth is, no one knows for sure whether bitcoin will continue to rise. The price is now $9,600.

It's mainly because there's a lot of volatility in bitcoins, so long as you make money in your investments, that's right.

Yeah theirs a time for a big comeback in bitcoin. Because bitcoin is very profitable thats why we need to hold until they reach high price again.

Always remember this method for trading. Always Buy low and Sell high.

if you sell it after it dropped then you might be a weak thinker. You are not thinking that it happened because of its volatility and will not stay there, however you really money for something you really need or want. Please be remind that bitcoin contains a high volatility rate, i guess bitcoin has the highest of all as of now, and not decide based on what you see now on charts, posts and pressumed datas.

and if we cannot sell high at least we can try to sell if we can see a profit and although the price does not increase higher, we could take a profit. there will be a time to see the price increases higher and we need to have a patient for waiting for the price. I am sure that in the end, we can see the price increase like we want. but for now, I think it is better if we can buy another bitcoin to fill our wallet with another amount of bitcoin so we can make a lot of money after bitcoin price increase high later.

This is called panic sell. Everyone I think has a sense of panic, but because the panic cannot be controlled so they have to lose the Bitcoin they have. Though the price can surely rise again, they sell it for fear the price will go down and lose more.

there are many things that cause someone to sell bitcoin when the price is low, and they end up losing their investment. Maybe they need money so badly that they sell bitcoin even if they lose, or they are afraid bitcoin will drop more drastically so they lose more if do not sell it as soon as possible.

I think selling it will be the wrong thing to be done in that specific scenario of yours because you just lowered what you can gain. Not because the value lowers down doesn't mean it will go up, what you said in the end was right it will go up in maybe a month long or year long but the wait is always worth it if its Bitcoin you ask me.

Agree! It doesn't make any sense to sell Bitcoin/investment if it is down as taking the entire loss of $30 (assuming 30% loss in above mentioned case) to save further $5 loss is not a wise move. We don't realize that we never lose money unless and until we sell it so in such cases, there is no need to get ourselves in a panic situation and take any wrong decisions.

I think this problem can not be predicted. If you feel you have a profit then you can sell, and you want to grow, you should keep. But when you hold back you can lose. But personally, I think you should keep in mind that by mid-2018 I think the bitcoin will rise a lot.

Yes you are right, people may sell their bitcoin in less value time because may be they think that its price will go more down and will have to face more loss. So they sell them in less value and don't wait for the price rise. But it is profitable to hold the bitcoin when the value is less.

They are only less sure about Bitcoin's future performance and make big losses for the upcoming. But for me they will regret with what they have done.

Bitcoins are never reliable in any situationss better avoid them

That's one of the many mistakes beginners are doing. Because of panic they immediately sell their bitcoin without realizing that the price will rise up again so they never gained anything from the bitcoin they bought. As for me the only reason why I sell my bitcoin is because I really need fiat that time.

Before you start investing you need to thoroughly study all the materials to watch the video talk with experienced people and only then start.

Bitcoin should be loved. Because it can be well earned on it and go somewhere trite.

Do not get mad to them that is why they are newbie it means that their knowledge was not yet enough and their experience as well, so don't hate but instead teach them how to do it that they should not panic all the time since we have proven enough that bitcoin is as stable as what we are thinking.

Many people ask this question when the price of bitcoin decreases and very often give way to panic and in a hurry they sell it, you need only a little patience

Well, here in forum it is  just that the word patience has been always missing, they do panic always they don't realize what they are missing when they are selling their coins at just 5-10% increase in price, and/or selling at 5-10% dump. They don't realize what could be their profit when they don't panic at all.

selling is your own decision but the right time has not come yet it will come soon and people who sell in panic time they often regret in the time when other will be acquiring profit from bitcoin and i am sure bitcoin itself never give anyone loss.

Don’t worry brothers there are huge chances for bitcoins to conquer the economics of world. Although there is no surety about it but what bitcoins have shown in previous time and how beautifully they have made the lives of people better, this easily shows bitcoins will be leading us in financial world in coming times. The future is all about bitcoins and their variants.

Although you are just a week in bitcoin, at least, you already know the nature of bitcoin being volatile. You got a good question of why sell bitcoin if its market price go down? What you are pointing out is to HODL bitcoin and wait for a better price rather than selling it on a cheaper and losing price.

You're right. There are some people in the trading platform who doesn't know what they're doing or maybe they have their own reasons why they're selling their bitcoin when the price drops so here are some of the reasons i know why they're selling their bitcoin.

1. Panicking - They're panicking about their lost. This is the most common mistake of the newbies in the trading platform they're panicking and selling their bitcoin when the price drops.
2. To cut their loses - They sell their bitcoin to cut their lost. They don't want to lose a large amount and choose to sell it right away while the price is dropping low.
3. They don't have enough knowledge - They don't have enough knowledge about bitcoins price, If they don't research about bitcoin they will think that it will not going to recover. And ending up selling their bitcoins.

All the reasons i stated comes from my observation, threads i read and my own experience.

Selling the BTC or not selling it, well no one could take someone's decisions but we have to faced the fact that here is we talk about fiat so keep in mind that we're just spending money. I think it is not bad to sell bitcoin if it is in higher price or just keep holding it when it is in lower value.

Selling your bitcoin, is all depends on you, if you are in any financial pressure, or indebted to someone, what not selling to upset your debt, but if you are not in any financial, why panick selling? There is alot of chance that the price of bitcoin going high

It's a nonsense idea to sell your bitcoin in this time just because you the price gradually drop, panic selling is a bad bad move and those people who did it means bitcoin is not for them. But if an emergency situation happens and you badly needs money that is the right time you must sell your bitcoins. There maybe many price decrease than increase these past few months but it doesn't mean bitcoin will fall down rather its improving and needs more development.

I really wonder when a lot of people talk about selling like they really do not understand a single thing about what they have invested in. Every long term investor should know by now that they are investing in the future and that is what really matters. In the long run, the value of bitcoin will definitely increase more than what we have now and by then some would be wishing for this value just as some of us are wishing we would have been happy getting at $1.

Yes it is true, and we must understand that decentralization system like bitcoin is very volatile and hard to guess, when we invest bitcoin then the first thing we must understand is ready if all money is lost, and if we understand with this then we will not panic when the price drop and are willing to wait for a long time until the target price is met.

You could be right but, I'll answer as you questioned. If I purchase 100 bitcoins and the price drastically drops, and I wait a month and its still down I would hold the bitcoins because I see the vision and future with cryptocurrencies. I am definitely holding everything that I have invested!

They selling their bitcoin because they need money or debt but not at all. The others is panic seller they don't think that bitcoin may rise again if they hold it longer. Buying and selling is a business so make your strategy and set goal. I know setting goal is very easy to say but not easy to do, more careful to your action and your emotion.

You're totally right. If most of the newcomers will have a mindset like you, then the crash of bitcoin will not be as bad as what we have seen lately because everyone that panic sell their bitcoin contributes to the drastic drop of bitcoin's market price.

This decrease is not like the decline in the crypto currency in general. Typically, crypto currency rebounds after several sessions. lastly, bitcoin dropped five consecutive weeks in September, and earlier in July.

Many who I came to this market recently give in to panic in case of reduction of price of bitcoin, because of it the price still falls. Some people need money therefore they sell. There shall be at everyone the strategy. It isnt necessary to look at what is done by others.

But I think some people need money, so they sell bitcoin and they do not even have any other investments and they do not have any idea that bitcoin is up or down but yes, yes You are also telling the fact that they do not see their gain and losses and sell bitcoin but now the bitcoin earnings are good and are also going to increase.

I like what you are trying to say and explain to us and I think you're  right , I mean its logic that thats what we need to do ,a lot of people are scared that bitcoin will go down more and more and thats why they are selling their bitcoin  and thats not good at all , they are loosing money literally , if they are waiting a few weeks more or one months maximum , they are gonna make some profit .

and if they can learn from the history of bitcoin, I think they don't have to sell their bitcoin while the price is down because it will give a lost for them. but they still could hold their bitcoin even if their money is reduced too but they still have the opportunity to see the price will increase later and they could still buy bitcoin again. but the choice is up to them and I hope that they know what they will do with their bitcoin.

If you do not believe in bitcoin then you should not really use any other cryptocurrency what it is the point really, bitcoin is the best cryptocurrency around and if that is not enough for you maybe it could be a good idea for you to invest in something else that you consider more reliable like gold but you are never going to get the profits we can get with bitcoin if you invest in gold.

Too much thinking is what has made some people to miss out on good things or possibly ended up not making the right decisions. This is a market that has shown a lot of strength over the years and the possibility of showing even more strength as time goes on and I wonder why anyone will not see the real picture and end up selling probably because the value keeps going down.

Despite all the positive forecasts, Today we will be another downturn in the price of Bitcoin. As if the level wanted to rise above $ 11,000, but today it has fallen again to $ 9,800.

Are you serious right now or is this a joke? If bitcoin is not reliable, then I wonder what you are doing on this forum. Probably you are one of the FOMO guys who keep doing everything with your emotions in play, listen to every FUD, buy at the top, panic and sell at the bottom when bitcoin starts rising and then you conclude on how reliable bitcoin is without considering how unreliable your own decisions are.

There is really no need for them to be patient, I want to believe everyone should be in the right mind to do things, and if they have decided because of their own ignorance sell all that could make them have huge freedom in the long run, then that is pretty much their call and not mine. It is infuriating to see people who all they care about is the quick gains and that are why they make a lot of mistakes.

They react the way they knew but that doesn't mean its something that they will profit in the end. Bitcoin had proved it self time and time again that will increase over time so it they just hold on to it and let the market calm down even with all the regulation threat, it isn't going to affect all their investment if they just think of the quantity of coins in their wallet and not the value as of today.

If you really want to earn money here you need to take the risk right? but be wise if you buy some coins in 100$ definitely don`t sell it in lower price because you don`t have a profit on that part so.

Bitcoin price is not consistent we always remember bitcoin price is changeable that has the possibility to change in short of time, Think positive always don`t be afraid.

To sell bitcoin in needed a strategy that completely matured if you want to get a profit big, because if we do it with the origin and carelessly then we will not got the big advantages and could we actually loss, because the value of bitcoin who often up and down quickly without we could prediction, and because it is that we have to do is estimated carefully

Those who really did a thorough research on their investment before even researching will not worry about any fluctuation in the market, considering that it is nothing and at the end of it all, the market will do better than where we are now. It is not the first time the market will be in a downtrend and even though this one may have been long does not mean it would remain like that forever, but the good thing is that, it always recovers better.

No one absolutely can change the volatility and that is what makes it decentralized anyway but what we should always look forward to is the fact that a lot of goodies are present in the future since we understand the level at which bitcoin can develop to and really serve its main purpose and in that case, adoption will increase hugely and everyone will end up happy. Selling now though, is more like selling your future stake in a company like that Apple guy did.

Well, the problem with most of the newcomers you have mentioned is that they know nothing about bitcoin and they only got the hint that bitcoin would make them rich overnight, got greedy, some even went all in and then the price started dropping and they have nothing to back them up to realize it is normal which makes them allow their emotions take a hold of them, listen to every FUD, and panic sell even at a huge loss. That is absolutely when selling is bad.

But it is simply not possible, newcomers are always going to make mistakes they are always going to panic it doesn't matter how much we talked to them that is bad for them to sell when the market is going down they to do it simply because they do not have experience to do otherwise, but eventually if they keep themselves in the market they understand those lessons and will become like us.

most newcomers may indeed panic with a drastic market downturn so most of them want to sell their bitcoins soon because they are too scared to lose much of the market's previous high prices, so most of the newcomers do not understand the current market price. .

Newcomers also not only do not understand when it happens and can not even think about how bitcoin grows at such a high price, this is why they lose their balance and get carried away by a tense price atmosphere.

Most of them are going to ask if bitcoin is nearly to hit its doomsday.
They know and they are well informed with the market price of bitcoin. They check it on preev, coinbase, CMC and other price trackers. What they don't understand is on how the market demand and supply plays.

Those who are panic selling will eventually regret it at some point. I would rather panic sell at the top like I did last year when everything was becoming too good to be true than panic selling at the bottom when the value of bitcoin is also becoming too good to be true which would prompt me to start loading up. I did not even expect bitcoin to get to $6000 but I was still prepared for anything and that was a sweet buy for me.

This kind of move is kinda normal this days many traders especially the beginners in this kind of world has no patience in dealing with bitcoins and altcoins they want fast income like in a day or two they all want to be instant millionaire no its not like that you have to wait for the right time to sell your precious coins proper timing is a must.

I don't really get why some people who will easily ride on the hype of bitcoin and will also easily believe in FUDs. Don't they just read first about bitcoin's history and how it reached it's price today? The rise and fall of the market is just a normal thing in the cryptoworld and they need to learn the art of hodling for them to survive and earn.

Right decision is hold your coins for the future.Whenever the price of bitcoin seems to be dropping,just hold the bitcoin for your future.If you have a capable to save 1 btc ,it is quite enough for the retirement from the regular job.For this reason,I had holding the bitcoin from long period.

Yes, selling Bitcoin is a correct choice only when you need fiat urgently. In other cases, it is better to hold all BTC coins and wait when they will go up.

That's exactly the reason why you should invest only an amount you can either afford to lose or afford to hols for a long time. It shouldn't be something that you're looking to use for the short term because there could.come a time when you'll need it and you're still at a loss.

Everyone must have different needs, so I think they sell Bitcoin when the price goes down maybe they need a sudden need. for that they sell Bitcoin they have.

And this is because of inexperience, some people have been here for years and they have seen the market crashing down and then pumping up once again, they have seen these cycles in the market and they have seen them in action and they have grown accustomed to them but a newcomer has not seen any of that and when they see the price crashing down they think it is not going to ever recover and that is why they sell.

this is what I do when I need money to buy something for my daily needs and I always sell my bitcoin no matter how much the price. but if I still have money, then I don't have to sell my bitcoin and only hold it until the price increase higher. maybe I will sell my bitcoin so I can buy another bitcoin again at the low price so I can have more bitcoin in my wallet.

You only sell a portion of the bitcoin you own does not sell all the assets you have sold in stages. if you sell bitcoin then you will get a better loss if you have bitcoin and if it needs money then it is better

Selling bitcoin at present is not suggested because of the market value.At present the market value of bitcoin is not high .Just hold your coins ,save them in your wallet.Bitcoin price is rising so wait for some more time till it rises more.Patience is all we need to maintain right now.Sell only in extreme cases when you really need money.Some people also sell coins at this time in order buy new coins with the earned money because the price of bitcoin is low at this time so it the recommended to buy new coins so that in future when the prices will rise you can sell them and earn profit from it.

Bitcoin price is not stable. It any time to increase the price. So hold the bitcoin long time and check the market price. It good for the future saving. people will be get more information form bitcoin. Time is important for the future growth. So time to complete the work and process. Now most of the country people hold the bitcoin and wait for the price increase. But before invest check the bitcoin pocess.  This information help to plan to work.

People who does the selling are those who are new in trading they do not know what they will do when they see their money dropping so they sell it because they are afraid that they might lose more. It's called panic selling eventually they will learn from their mistakes and will start holding their bitcoin.

Selling Bitcoin in  this stage is not a good idea at all but as the value has increased and is around 9.4 thousand dollar then an investor with investment in low market can get benefit from it when sellout at this market price. However if I were among the investors I would hold it and would wait for the right opportunity to decide to sellout at higher price for which one invests.

and I also like you, rather than selling bitcoins today I'd better save for long-term investments, because I'm sure by storing bitcoin in the long run it's a great opportunity to earn huge profits that exist and can make savings for the future also if you want to store bitcoin in the long run

You are not wrong, but what happens is that there are many people that simply do not have the patience to hold bitcoin they thought that they were going to get big profits in the short term only to realize that they made a miscalculation and that now they need to hold for the long term, and since they are not ready for that they sell for a bad price.

besides that, I see that many of us are using the money which we use for our daily needs so if they really need their money, they can sell it without looking how much the price now. they are selling their bitcoin because they want to make money from bitcoin but sometimes they don't look at the price now and they are panic to see the price is going to down and some of us is making a mistake to sell it too soon.

Do not panic, and do not sell your bitcoin for a low price. If you look at the bitcoin price chart, you can see that price changes, bitcoin may fall and can also increase again. So, just hold bitcoin for a while and you will get a profit in the investment.

One of the reasons of why that happens is that panic has taken over them, they are no longer thinking in a logical way, they are letting their emotions getting in the way and once you do that you have already lost control over yourself and your money, this is why one of the most common advices is to always control your emotions when you are trading or investing.

Thank God, I did not sell my Bitcoins when the market was on the bottom. Now I am waiting for the BTC price growth. If I need the money, I'd better lend it.

Stop selling Bitcoin and do not look back because the market favors the increase trend and even those who had invested in the start of the year 2018 also want to invest more. They know that the market is still achievable and if they double their investment then the profit will become double the sum as the price is increasing soon and the high market will cover the sky.

People sell there bitcoin becs. The stress level is already beyond control. They are afraid to lose that much and tend to panic.

I am not selling my bitcoin even prices are falling, i will always stay in shape despite of the negative fluctuations in the market, others tend to go panic selling on their bitcoins when prices go down. But it is very important to prolong patience in times of dip price.

we need to hold our bitcoin if we want to sell at the highest price and it's not a good idea to sell it right now. bitcoin price still going to down and we don't know how far the price wants to get down. still, cryptocurrency cannot predictable and makes people get panic because the price is not shown to go up. it is a long time to wait for bitcoin price to go up since the last year bitcoin price reaches the highest price ever. we need to be patient and soon, we can see that the market is increased.

I hope that the presence of news coming from our friends at https://bitcointalk.org/index.php?topic=4517222.0 and in https://bitcointalk.org/index.php?topic=4519927.0, can foster our confidence in the growth of bitcoin prices in the future, because lately there are still a lot of confusions of newscasting, which I think may lead to allegations - a negative prediction in the eyes of the public especially investors and users.

It is a bad choice to sell now and is the utmost foolishness because you are in loss and you have to understand that it is a long term investment which will payoff in a high market. So wait for high market and do not sell now instead of buying more. You will be in much benefit if you make a nig collection of coins, once you get success in leading this collection into a high market then all the success is yours.

I guess those who sell bitcoin because they have the necessities of life to be fulfilled. And I think it will be an option and the most important thing will be in priority.

Yeah and I think those people sell their coins that cannot wait for long time. They are impatience and take the selling decisions in emotions. It is not good for their future because the future of bitcoin is very bright and they will recover their deficits if they hold for some more time. To avoid huge deficits you will have to wait for long time till the price grow again.

that is great, you can hold your bitcoin when the price is at the downtrend. I am sure that many of us still waiting for the price increase again. I think if you need the money, you don't have to lend but you can try to do trade which will give you a profit. but this will need the skill to analyze the coin so you can earn a profit.

as for now selling is not a good option. Btc is holding above 6000 usd and there is good green signals.
if it pass 6800 than its a bull run for 50k by the end of 2018

Selling Bitcoin in a time when the prices are high is the best thing you can do to maximize your prices. Right now, the values are way down and what we need to do is to hold the coins because we had a small rise of few hundred dollars in the last few hours.

Besides, selling the Bitcoin even if it is earning you some profit right now is equivalent to depriving yourself of the profit that you might earn in the green market.

To sell bitcoin required a really mature strategy, because if you want to get a big profit, because if we do it with origin and careless then we will not get big profits and can we really lose, because the bitcoin values are often up and down with quickly without us being able to predict, and therefore we should do with careful thought and do not panic.

We are focusing on people who sell their coins that are small fish in a big pond. Why not consider the rich whales that sell their bitcoins in order to buy short CME futures as well? That alone is the reason why there is a downtrend because whales keep selling their coins when market is afraid.

Which in result do make smaller fish sell as well and help them out but those small fishes are not the sole reason. Selling because of fear is stupid I agree, but selling in order to make the price go lower and using that capital to buy shorts on futures is actually a brilliant strategy.

Selling your coins at its lowest price is the worst scenario you can do and you will just keep on losing a huge amount of your investments if you do that, so try to read different speculations before investing a coin in order to determine if you will be earning profit this month or not.

That's because they panic, and they do not think bitcoin will get up and increase in value, they just think falling bitcoin and keep thinking bitcoin falling, and because of excessive fear they decided to sell cheap.

It's logic that's what we need to do, many people are afraid that bitcoin will drop more and that's why they sell their bitcoin and it's not good at all, they lose money literally, if they wait a few more weeks or a month maximum, they will make a profit.

You're right, but most people see the falling price lower so they assume bitcoin will disappear and they flock to sell low, for fear of their money being lost.

Selling bitcoins today is a very bad decision because the market prices are currently dumping and it was also the best time to invest since you can hoard a huge amount of coins in order to earn more profit when the market goes back to normal.

the problem is that humans have the necessities of life. when people need money then they will sell the bitcoin they have even if the price is cheap.

I agreed with you, that people shouldn't follow panic and shouldn't sell BTC cheaper, than they already bought (not sure about alts). Usually, such mistakes do newbies in trading, you always should think rationally and realize, that while you holding - you losing nothing.  Easily to not think about drop for cheap, with amounts what you ready to lose, that's why, you shouldn't invest more, than you are willing to lose.

Selling bitcoins today is not the best thing you can do because the market price is dumping so obviously you are just helping the market to dump even more if you will sell your coins today.

Dont sell bitcoin now, just wait for a proper moment in when you can sell all of your entire balance for a  good price, it does not make any sense to sell now for half of the price that it was a few months ago, just wait for a little bit more

Actually fluctuations with trendline and corrections are natural for any type of asset. Now we see downtrend of Bitcoin and it is not ended. I think it will fall down to 1,2-3K$ levels. That's why sometimes it is better to sell asset in current prices and rebuy at lower prices.

The price of Bitcoin in the market is declining.So do not sell bitcoin now.But now you can buy Bitcoin.I think Bitcoin's price will go up by November or December.

I do not want to sell now because the price of Bitcoin has decreased.But now Bitcoin can be bought and saved because of the price drop.I think the price of Bitcoin in September will reach $8000.

maybe you need to wait for a moment before you decide to sell your bitcoin because the price can increase higher after this. but if you want to do scalping by using buy and sell then you can do this while the price is at the high price so you can wait for the price to go down again in the next moment. but if you want to use bitcoin to make a bigger profit then you need to have the patience to wait for a long time to see the price increase higher.

Do not sell Bitcoin now.Becase Bitcoin's price is low.In December last year the price of bitcoin was increased to $10312.8.Now the price of bitcoin is reduced to $6769.72.I think the price of bitcoin will exceed $8000 at the end of this month.It is best to sell when the price of bitcoin increases.

There is a sayings that if your hand is weak you lose,so you need to be Patience if you still do not need fiat money hold it,and trust Bitcoin's potential because it will return to it's original price soon and you should be vigilant at every price movement to win your investment.

Yeah whales are the big problem for small investors. In these days I think they are selling their coins and there is no demand in the market, that’s why the price is low. I think that nobody should sell their bitcoin before $20000. When there is small supply in the market, the price will automatically increase and small investors will also make some profits.

This is not the time to sell as we know that better that price of Bitcoin is low these days however we have seen its improvement but still the market is in circle and we can afford it easily. This low market is highly achievable and affordable for a common person so we can get a lot of Bitcoins using lesser amount. Collection of Bitcoins will decide how much high the profit can be so try to make a higher collection.

I am also against selling on low price. if you can handle your daily financial problems then there is no need to sell your coins for low price. Hold them until the price reaches to your desires then sell them. I will sell my bitcoin when the price reaches atleast $25000 because I need money for my future dreams and before that time I will never sell my coins.

The power of the person is different, there is a strong belief that bitcoin can rise high, and some easily panic by price reduction so selling at low prices, risk and profit depends on the choice.

It depends on need, If you need money and no other mean to overcome your financial problem then you will have to sell your holding no matter what the price is. If you don’t money and you sell your holding for low price then it is stupid decision because of the very low price. People scare of more drop in the price and sell out their holdings today.

No you're not wrong because patience is the best strategy now. I mean just like you what have mention why would you sell you bitcoins at low price isn't?  I think that was a bad idea. Bitcoin will definitely go up hence, we should be patience and keep holding until it goes up again, for now this the only way I know to survive.

You are right people not only wait for months they wait for years.I my self is bitcoin holder and i never do panic sell when the price start dropping. its easy when the price decrease you should buy more coins because of bitcoin increase double when it falls down.
Show penitence in your investment and do no do panic sell. when I was new I did a mistake I sell my all coins when the price dump after that i understand the game of bitcoin and its working process

If you are on a rush, just wait, do not sell your coins ecause that is a very bad decision after all, just keep waiting until it all recovers back to the normality again

Selling bitcoins at the moment is just a waste of money because the market is still low today, we should wait for the price to grow up again to $19k just like what happened last year.