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Author Topic: Selling Bitcoin  (Read 3042 times)
yacare
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March 06, 2018, 07:07:14 AM
 #241

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.

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March 06, 2018, 08:56:57 AM
 #242

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.
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.
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March 06, 2018, 11:41:47 AM
Last edit: March 06, 2018, 01:18:34 PM by Fedor07
 #243

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 .
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March 06, 2018, 12:21:43 PM
 #244

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 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.
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March 06, 2018, 06:05:42 PM
 #245

Bitcoins are never reliable in any situationss better avoid them
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.
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March 07, 2018, 10:26:49 AM
 #246

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.
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.
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March 07, 2018, 08:08:50 PM
 #247

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.
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.
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March 08, 2018, 06:04:12 AM
 #248

Bitcoins are never reliable in any situationss better avoid them
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.
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March 08, 2018, 06:09:57 AM
 #249

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
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.

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March 08, 2018, 06:56:20 AM
 #250

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
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.
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March 08, 2018, 12:21:39 PM
 #251

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 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.

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March 08, 2018, 03:58:14 PM
 #252

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
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March 08, 2018, 04:01:45 PM
 #253

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!
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.

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March 10, 2018, 11:29:36 AM
 #254

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

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March 10, 2018, 12:30:52 PM
 #255

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.
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.
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March 10, 2018, 07:33:49 PM
Last edit: March 16, 2018, 03:48:49 AM by drachman
 #256

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.
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.
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March 10, 2018, 08:06:54 PM
 #257

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.
But I 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. .
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March 10, 2018, 08:19:46 PM
 #258

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.
But I 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.
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.

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March 10, 2018, 10:18:11 PM
 #259

most newcomers may indeed panic
Most of them are going to ask if bitcoin is nearly to hit its doomsday.
so most of the newcomers do not understand the current market price. .
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.

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March 12, 2018, 05:06:07 AM
 #260

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.
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.
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