♨♨♨ Top 10 Reasons To Sell Bitcoin Now ♨♨♨

[ShortCoins]

How much higher can bitcoin go before the bubble bursts?

[chip211]

What are your top reasons to sell bitcoin?

PLEASE DONT Spam the board with anything except reasons to SELL BITCOIN. There are other threads for that



MY Top 10 Reasons To Sell:

1. The price is through the roof
2. There are already 1380 other crypto currencies
3. Anything on the internet is vulnerable to hackers
4. The fees are way too much to transfer funds
5. 1000 people control the addresses of 50% of the bitcoin
6. The unpredictability surrounding Futures and December 18th
7. It appears Bitcoin is near the bubble
8. The volatility is insane and unpredictable
9. Bitcoin was only worth $0.003 each in 2010 and could drop back to that level
10. The only way to collect profits is to cash out before it crashes

These are the reasons some people think like you, but many people continue to buy and hold it for the reasons they think it can still pump. The past few days there was a lot of good news from wall street and major trading floors in the world that officially accepted the bitcoin and publicized it on their floor. I do not think it will dump in the future.

[bribed]

One reason could be that there is another bullrun on altcoins about to start as we witnessed it in early 2017, only much bigger. Many people will likely realize their Bitcoin profits in Alts as it has already begun with ETH, Ripple and Litecoin shooting up.

[maydna]

One reason could be that there is another bullrun on altcoins about to start as we witnessed it in early 2017, only much bigger. Many people will likely realize their Bitcoin profits in Alts as it has already begun with ETH, Ripple and Litecoin shooting up.

and the other coin will follow with those coins. today, I see bitcoin price is going down as we have to see another hard fork and like before, the price might be down for a while. but I don't want to sell my bitcoin now because the price is not good for me. I think if we want to buy bitcoin, we can wait a little time to make sure the price is really going down again or stay at the price now.

[ShortCoins]

A great video discussing when to sell Bitcoin from a very successful Crypto investor:

https://www.youtube.com/watch?v=fC3hSgfS0JU

[morkriger]

11. Because I need fiat to pay bills and survive in this cement jungle

[Pursuer]

A great video discussing when to sell Bitcoin from a very successful Crypto investor:

a real successful crypto investor I not going to waste his time creating and participating in youtube videos. and most of them don't even share any of their speculations with anyone let alone with public. that is how they become successful, by keeping the secrets to themselves.

the unsuccessful and desperate crypto traders on the other hand, are a different breed. they will cling to any idiotic method they can think of to spread their "hopes" in form of "predictions" and then they praise themselves a lot by calling themselves a "successful trader" a lot.

[ShortCoins]

I think one overlooked reason to cash out Bitcoin is the idea of "locking in profits"

With returns as massive as 500%, 1000%, 10,000%+ it makes sense to take the profit at some point. Sure you could miss out on additional gains, but by getting out before the crash you are essentially taking a safer route and mitigating risk. When compared to other investments like ETFs or Blue Chip Stocks, the returns that bitcoin has provided are incredible. A good exit strategy can involve things like: Selling at an arbitrary price point, selling at a certain ROI, selling if the price dips below a certain amount, selling if the trend starts to change, etc.

The important part is to understand your own strategy and your risk/reward ratio.

[ShortCoins]

Realized Profit > Unrealized Profit

Returns seem so unpredictable to me on bitcoin investments, that I think locking in a big win is underrated.

You have to cash out to realize profit

[ShortCoins]

I think now is a good time to cash in on bitcoin profits

[petrov trevor]

"2. There are already 1380 other crypto currencies"

For me this point is not a reason to sell, on the contrary, the fact that there is too much crypto favors even more the number 1

[coinfinger]

What are your top reasons to sell bitcoin?

PLEASE DONT Spam the board with anything except reasons to SELL BITCOIN. There are other threads for that



MY Top 10 Reasons To Sell:

1. The price is through the roof
2. There are already 1380 other crypto currencies
3. Anything on the internet is vulnerable to hackers
4. The fees are way too much to transfer funds
5. 1000 people control the addresses of 50% of the bitcoin
6. The unpredictability surrounding Futures and December 18th
7. It appears Bitcoin is near the bubble
8. The volatility is insane and unpredictable
9. Bitcoin was only worth $0.003 each in 2010 and could drop back to that level
10. The only way to collect profits is to cash out before it crashes

These are the reasons some people think like you, but many people continue to buy and hold it for the reasons they think it can still pump. The past few days there was a lot of good news from wall street and major trading floors in the world that officially accepted the bitcoin and publicized it on their floor. I do not think it will dump in the future.

Talking about the value and price of bitcoin it is more valuable and fast. Their will be no bubble burst that can fallen the price and value of bitcoin. Bitcoin is most popular and fast growing currency in coming year it will reach to almost 50k. Always their will be a such rise in price of bitcoin than a fall in its price.

[MinarchistCoin]

I stop reading at "Bitcoin can be hacked"

That is your choice to not be informed. Anything on the internet can be hacked


Here is an article from days ago about a bitcoin mining platform getting hacked:

Just search for News on NiceHash Hack:
bitcoin-stolen-in-hack-on-nicehash-cryptocurrency-mining-marketplace.html

Hackers got away with $60 million worth of bitcoin after a cyber attack hit the cryptocurrency mining platform NiceHash

Bitcoin is a Protocol. Bitcoin mining is not the Bitcoin Protocol.

Just stop. Youre embarrassing yourself. Seriously.

LOL Nicehash has zero to do with the Bitcoin Protocol.

You can do better. Well no you can't. I've been "informed" since 2012. You are a moron and your own words prove it.

[MinarchistCoin]

I stop reading at "Bitcoin can be hacked"

That is your choice to not be informed. Anything on the internet can be hacked


Here is an article from days ago about a bitcoin mining platform getting hacked:

Just search for News on NiceHash Hack:
bitcoin-stolen-in-hack-on-nicehash-cryptocurrency-mining-marketplace.html

Hackers got away with $60 million worth of bitcoin after a cyber attack hit the cryptocurrency mining platform NiceHash

Bitcoin is a Protocol. Bitcoin mining is not the Bitcoin Protocol.

Just stop. Youre embarrassing yourself. Seriously.

LOL Nicehash has zero to do with the Bitcoin Protocol.

You can do better. Well no you can't. I've been "informed" since 2012. You are a moron and your own words prove it.

A bank was robbed I guess the dollar was hacked. Moron noob logic.

[newinbtc]

What are your top reasons to sell bitcoin?

PLEASE DONT Spam the board with anything except reasons to SELL BITCOIN. There are other threads for that



MY Top 10 Reasons To Sell:

1. The price is through the roof
2. There are already 1380 other crypto currencies
3. Anything on the internet is vulnerable to hackers
4. The fees are way too much to transfer funds
5. 1000 people control the addresses of 50% of the bitcoin
6. The unpredictability surrounding Futures and December 18th
7. It appears Bitcoin is near the bubble
8. The volatility is insane and unpredictable
9. Bitcoin was only worth $0.003 each in 2010 and could drop back to that level
10. The only way to collect profits is to cash out before it crashes

9. Bitcoin was only worth $0.003 each in 2010 and could drop back to that level
Ans. this will only happens when everyone should bitcoins

5. 1000 people control the addresses of 50% of the bitcoin
Ans. They are the old bitcoin holder they will not sell

10. The only way to collect profits is to cash out before it crashes
Ans. If it crashed don't worry it will be back to last price with bounce back power

4. The fees are way too much to transfer funds
Do you know current value of bitcoins ?

[morsuperuser]

The future of Bitcoin is not always secured, especially to the ongoing rumors of the crash down. That is why if you want to secure your money, you should sell them now.

[Calumwilson]

My top ten reasons is to continue to hold, hold and hold.
But if i really were to dig out reasons,
1. I got in way before
2. My profit has far surpassed my cost
3. I want to see if bitcoin drops further after i sell.
Thats all the reason i can think of if i want to sell ~