Selling Bitcoin

[pat4cryptoreal]

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.

[DaftAjax]

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

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.

[kevoh]

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.

[Gaaara]

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.

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.

[BelieveInBitcoin]

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

[SUDARMONO]

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.

[soham]

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?

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. 

[Xxmodded]

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?

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.

[lighpulsar07]

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?

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

[romecheo]

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.

[Rana590]

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 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.

[Dalmar]

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 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.

[swiftblade]

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

[UCHCHILD]

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.

[Nisharawal]

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 .

[Gotomoon]

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.

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.

[reck1ess]

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.

[djgtr]

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.

[TanyaDegurechaff]

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?

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.

[BurhanPSG]

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?

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.