Bitcoin Forum

Example: I bought a bitcoin in December 2017 that time price of a bitcoin was 18000 USD.
Now 17 July 2018 I want to sale my bitcoin (today price is 7700USD 17 July 2018).
What price will be applied to my transaction?
The price on which bought or the price which is the recent price of bitcoin?

ohhooo its very difficult to answer this question....   ;D ;D ;D ;D ;D ;D     sorryyy  ::) ::)
 

It is obvious ,you can sell it only its current price .....
 





 

Lol. You can technically try to sell your coins at whatever rate you want depending on the platform, but no one would buy from you if you deviate too much from the current market value.

Also, the price at the moment is around ~6700 USD, so you'll be losing a lot of money if you sell. You're probably not looking for advice, but if you don't have urgent need of the money, I'd urge you to hold off selling until you can get at least 50% of your initial investment. It's also pretty much a guarantee that you can get your money back and more but it comes with an unknown time frame, so you may also want to wait for that.

Technically you can try to sell your BTC at any price you want, doesnt matter if its 6.7k, 10k or 100k. The crucial part is to find someone who is willing to buy at the price you offered. Its unrealistic that someone wants to buy coins at 10k when there are plenty offered at 6.7k ;)

I think this time is a good time to buy . You can find the price is very low than 18000 USD . I believe this price will be back in someday . When the price get that time , I think you can earn a lot and that is very in possibility .

For this example, even if you buy bitcoin at a higher price, and the current bitcoin price is lower than the buy-in, you sell it at all times for the current bitcoin price. Few buy bitcoins at a higher price than current coinmarketcap - https://coinmarketcap.com/currencies/bitcoin/. These are the basics of trading and not just in the crypto area. In my opinion, if I bought a bitcoin for $ 17,000, i would certainly not sell it at a price of $ 6700. To conclude, the price of bitcoin is governed by supply and demand in the market.

Lol...very interesting question but the fact is that there is no globally set standard of BTC price. It depends on the two of you. It is a mutual agreement between you. The buyer and seller determine their own price, but is that all? No that's not all. The buyer will need to use the purchased coins somewhere and what if that place valuates BTC more than what he bought from you, it means he's run a loss and must wait until the price reaches what he bought (of which he has no guarantee of that). In view of that, this is the reason why you only buy and sell at the current average market price no matter how much you acquired them some previous days ago.

Once you paid BTC for 18000USD it's means no profits until BTC reach and grow up more than 20K$ :D Otherwise just Hold them and Pray  for it !

you want to sell your BITCOIN now, Then you have to sell it on current price.



worthless thread, I think you get your answer, now you should close this thread and This is not the right place to start this type thread, you should start this  thread in the Marketplace section https://bitcointalk.org/index.php?board=5.0 (https://bitcointalk.org/index.php?board=5.0)

always sell to but because the objective is to have a profit increase 10% of the price that you know to be therefore as already said the sim will have a profit because it leaves the rates for him to be sorry, since never forget that they exist

I will always wait for the right price to sell bitcoin, if the price is not reached, then I will always hold it!

It's going to be the current price of bitcoin if you ever want to sell it now but its obvious that for this example, you're at loss and you have to wait for the current price of bitcoin to reach $18,000 back again.