Selling Bitcoin

[qtypatuty]

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.

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[renggileh]

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

[ross.gomez520]

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

[EmJay]

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?

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.

[coindawan]

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

[Mer1251]

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 ..

[yj300316]

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?

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.

[Joemzz31]

“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.

[Gontxi]

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.

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.

[sheenshane]

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.

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.

[tradeviser]

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.

[Vin183~]

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

[Vin183~]

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

[unknownbtcoiner]

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

[michellee]

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.

[WordDeckTuch]

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

[Itjoker]

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.

[bit-freedom]

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.

[tansoft64]

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.

[RVA]

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.