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Author Topic: Selling Bitcoin  (Read 3002 times)
LolEnergyXglossy5
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February 25, 2018, 08:23:27 AM
 #201

I am thinking about it also and I am a newbie so I have same question
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Vin183~
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February 25, 2018, 09:51:50 AM
 #202

We can sell btc when price of btc is uprise so we can get a big profit
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February 25, 2018, 10:24:39 AM
 #203

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
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February 25, 2018, 10:38:35 AM
 #204

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
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February 25, 2018, 10:42:06 AM
 #205

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.



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odranoel
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February 25, 2018, 10:52:03 AM
 #206

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.

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chuoinguyen227
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February 25, 2018, 12:23:26 PM
 #207

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. Huh

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Indiast3
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February 26, 2018, 05:30:23 AM
 #208

You are right and in same flank you are wrong too because no one can track the trail of bitcoins correctly
lantan81383628
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February 26, 2018, 05:43:48 AM
 #209

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.
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February 26, 2018, 05:49:15 AM
 #210

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?
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.

kungfupandacoin
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February 26, 2018, 05:57:50 AM
 #211

Always remember this method for trading. Always Buy low and Sell high.
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February 26, 2018, 06:08:21 AM
 #212

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?
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.
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February 26, 2018, 06:12:43 AM
 #213

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

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.
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February 26, 2018, 06:53:56 AM
 #214

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 it's 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?
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.
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February 26, 2018, 07:04:10 AM
 #215

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.
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February 26, 2018, 07:07:46 AM
 #216

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.
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February 26, 2018, 07:12:10 AM
 #217

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.
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February 26, 2018, 07:35:47 AM
 #218

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.
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February 26, 2018, 07:41:41 AM
 #219

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.

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February 26, 2018, 08:02:23 AM
 #220

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.

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