Sell btc

[Roccioso]

Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?

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[fiulpro]

Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?

Well actually the right moment is when you are making profit enough to be happy about the price you are getting.
Take an example:-
A guy purchased a table for 20$ and sold it for 200$ , he made profit of 180$ , now you need to decide the selling price.
He may have saved it for the time it turns to 2000$ , but he didn't , or the table could have been rusted or something.

You should decide and at the same time keeps heads ahead of the future price prediction and the recent events regarding bitcoins which could change the price .

Well if you want to wait then you shouldn't sell 2021 is a good year , but if you wanna sell them you should do that soon since India is going to ban Bitcoins and the price can go down.

[sunsilk]

How did you acquired your btc? did you bought it or someone just gave it to you? You can easily check the price on different exchanges and think if you are satisfied if you want to sell it right now.

But if you think that there's more to go and you are treating now bitcoin as a good long term asset, hold it and don't sell it for now. In the end of the day, you are the one that will decide whether to sell at any price you desire.

[mk4]

Decide at a certain price point and stick with it. Just make sure that your price target is reasonable and realistic enough in the timeframe you're looking at. If you really need the money though, depending on how urgently, it'd probably be a good idea to just sell it now regardless if you made profit or not.

[Nadziratel]

Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?

Many people, including me, think that Bitcoin can reach at least 100K. So I don't think selling Bitcoin is a good idea right now. However, there are always risks.

[goaldigger]

This is a never ending question on bitcoin history. You know, withdrawing of bitcoin depends on its holder and this tips can help you decide.

1. Do your selling price are already above your investment capital?

2. Is selling it on that particular amount are reasonable and worth it?

3. Is it for emergency or urgent? Or you are just afraid to take risk?

[DdmrDdmr]

<...>

"The right moment" changes overtime, as historical evolution data absorbs your selling moment and then puts it into perspective further ahead. Assuming you are already in a winning position, selling now is likely fine from the ROI perspective, as you will probably have made some profit since the purchase. Nevertheless, a few months or years down the road, what seemed like a good sale at the time may result a mistake from an investment point of view. There is no way to foresee what BTC pricing may do, and especially when and during how long a reasonable "right moment" will crop up.

There’s a large psychological side to selling, as normally you’ll consider not just the selling price you settled for, but further more you’ll be performing hypothetical sales further ahead, simulating what the outcome would have been if you held back your initial sell decision a bit longer.
If you need to sell, and are making a win, then just do it and try to trim the future hypothetical fictional mental sales I mentioned. If not, holding for a while seems more exciting than selling at this point.

Having said that, BTC has gone down 500$ in just over the last hour …

[killat]

Converting bitcoin to fiat is unimportant. Goal is to stack as much you can and that's exactly what i'm doing. And if you really want, it will get easier over time. If you haven't heard, Croatia post offices are now converting coins to local fiat. It's a matter of time before it spreads to other parts of the world.

[serjent05]

Converting bitcoin to fiat is unimportant. Goal is to stack as much you can and that's exactly what i'm doing. And if you really want, it will get easier over time. If you haven't heard, Croatia post offices are now converting coins to local fiat. It's a matter of time before it spreads to other parts of the world.

I guess the importance of converting Bitcoin to fiat depends upon the situation since we all know that not all stores accept Bitcoin especially in the local market.  If you have lots of extra money to spend for your daily lives then I will suggest to hodl your Bitcoin but if you don't have any extra money to pay for your bills and daily needs then it is a just to convert your BTC to fiat.


@Op, if you wanted to know when to sell your BTC then you alone can answer it for yourself.  If you are satisfied with the possible profit then you can sell it, if not then you have to wait for some time.  In short, have a target price when to sell your BTC and hold it tightly until then.

[TimtheYoutuber]

The right moment to sell can be tough to actually calculate. If you sell and make a profit that is a good start. You don't need to sell at the complete top to be a good investor.

[kryptqnick]

Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?

Many people, including me, think that Bitcoin can reach at least 100K. So I don't think selling Bitcoin is a good idea right now. However, there are always risks.

And I guess others are right that the answer to this depends a lot on the initial price at which you bought it. If one bought BTC for $500 per coin, then selling now means getting awesome profits, and waiting for another 10x rise might be greedy and not worth the risks of losing what you've already managed to accumulate. On the other hand, if one bought them during the recent drop at, say, $4k per coin, then waiting to make more profits seems more justified, does not it? But you are right, of course, that personal belief on what Bitcoin can reach is also important here, and selling at $10k if you're sure it will be $100k does not make much sense.

[Naughty Princess]

Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?

The right moment to sell btc is to sold it on your target price its better to hold now because we believe in the future bitcoin will reach up to 50k$.its not easy to wait for the price pump but we need to wait for the coming price increase.

It depends how you earn btc because when you do trading, you have to sell when the price is more higher than you purchase it. You can also hold the coin and set your expected price and wait to reach that point. Consider the risks and keep calm when holding it.

[MonsterV]

A simple tip from me is to buy when prices are low and sell when prices are high, so you will get profit from the difference in increase. For when will you have to buy and sell, I think the explanation is quite long but the answer is simply in my first sentence above.

To determine when to buy and sell there are various strategies and analysis that must be done, it will be quite long if explained here but I will give some references that might help you in learning to trade.

~·~·~·~·~·~·~·~·~·~·UPDATED LEARNING RESOURCES FOR NEWBIES ~·~·~·~·~·~·~·~·
------------------------------------------------------------------------------------------------------

http://www.investopedia.com/terms/s/stock-analysis.asp  --> Stock analysis course

http://www.coindesk.com/information/ --> general bitcoin knowledge

https://en.bitcoin.it/wiki/Main_Page  --> Bitcoin Wiki is a great source of basic and deep knowledge

https://steemit.com/trading/@villagetrading/crypto-trading-for-newbies-protecting-capital  --> Thread about protecting your capital

https://github.com/bitcoinbook/bitcoinbook/blob/develop/ch01.asciidoc --> Post "What is Bitcoin"

https://bitcoin.org/bitcoin.pdf  --> Official Bitcoin's basic explanation of it all

https://medium.com/@ourielohayon/icos-for-dummies-like-me-1e82a8bc27f4 --> ICOs for Dummies

https://cointelegraph.com/bitcoin-for-beginners/what-are-cryptocurrencies  --> bitcoin 101 for beginners

https://digitaldefynd.com/best-courses-for-learning-bitcoin-earning-mining-and-trading/ --> 10 Best Trading Courses



USEFUL THREADS
----------------------

https://bitcointalk.org/index.php?topic=126798.0 --> Very useful thread about terminology

https://bitcointalk.org/index.php?topic=9430.0 --> Beginner's thread, like this one (actually better  )

https://bitcointalk.org/index.php?topic=7269.0  --> Beginner's thread, like this one (actually better  )




YOUTUBE COURSES AND GREAT VIDEOS TO LEARN:
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https://www.youtube.com/user/obham001  --> videos might be long, yes, but they have very good insight.

https://www.youtube.com/user/chrisdunntv  --> one of my fav

https://www.youtube.com/user/MCLEROTV --> if you speak spanish, THE PLACE TO GO

https://www.youtube.com/channel/UChzLnWVsl3puKQwc5PoO6Zg

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https://www.youtube.com/channel/UCkgxz1dmx9AaP3EJz8YYOGA/videos


BOOKS:
---------------
https://github.com/bitcoinbook/bitcoinbook/blob/develop/ch01.asciidoc  --> Andreas Antonopoulos' Bitcoin book. Translations in PDF format: https://www.bitcoinbook.info/translations-of-mastering-bitcoin/

http://laeradelasblock.com/?page_id=368

[kawetsriyanto]

I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?

I assume it is not a difficult thing if you have a target. How much do you plan to gain profits from your BTC? As long as it is reasonable, the best moment to sell is when the price of Bitcoin can meet with your target. It will be easier if you keep it for long term, then you are no need to hurry for selling it.  

[Alert31]

Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?

The right moment to sell your bitcoin is depends on you because only you knows if you can gain profit if you will sell your btc now. Bitcoin is still higher so far ,so if you buy your bitcoin during the time that bitcoin value is cheaper then i think you ca make profit by now or still wait another bitcoin high.

[BlackFor3st]

What I understand from your post is you already earn a good profit from your btc and you want to sell it but you are worried in case the price will continue to grow.

Here is my little advise for you, if your investment is for long time then it's better that you will set a target price when you are going to sell your holdings in order to have a clearer goal. But make sure that your target price is within the range of possible price before hitting the peak of price. For ex. you can set it to sell in 16k$.

[Nnuego]

Hold onto your bitcoin tight and wait for next bull run that will happen soon. Never disclose your private keys to anyone. Cos in years to come you'll be a millionaire. If it is possible for you, acquire more bitcoin now

[suzanne5223]

Hi everyone, I am a newbie. I find myself with about a btc and I would like to sell, but I don't know what the right moment is .. tips?

IF you have any profit left SELL!

IF you need the money in the next 10 years SELL!

If you think Bitcoin , will make you rich , It won't.  SELL!

Bitcoin just fell below 8K, see you at 2k. 

Do you know? You're so funny for believing bitcoin will downtrend to the price range you mentioned and I hate the part that your message will mislead some newbie cause this won't be the first time bitcoin market will experience some dump in price because it usually reaches the last opportunity level for investors and accumulators to invest which is what we're seeing now and this is the max chance to invest or buy it cheap.
I will advise newbie who's yet to be experienced to hold their previous coin while the accumulate more BTC in this current market.

[wxxyrqa]

What I understand from your post is you already earn a good profit from your btc and you want to sell it but you are worried in case the price will continue to grow.

Here is my little advise for you, if your investment is for long time then it's better that you will set a target price when you are going to sell your holdings in order to have a clearer goal. But make sure that your target price is within the range of possible price before hitting the peak of price. For ex. you can set it to sell in 16k$.

You really gave very good advice to set a goal for yourself what price level to expect for all your assets.  The fact is that I divide alarmists in the cryptocurrency market into two groups.  The first group is those people who start to panic due to price fluctuations and do not know what to expect and how to react.  Based on this, they have a desire to sell coins at the prices that are available for a given period, if a further reduction in prices occurs.  But there is another group of people that does not have a specific goal to achieve which you can calm down and get an income.  I believe that it is best to adhere to the opinion that the cryptocurrency market can still return to the indicators of the end of 2017, but perhaps for this you need to wait a year or two.  In any case, long-term investments will bring good returns, but for this you need to be patient.

[Broly46]

You know what I love about crypto? It’s always contradict with the mainstream news, I remember the time being when they called for btc to dump below 2000 when it’s around 3k, and they’re adding oil to it by naming some whales are selling atm, and it’s all over the YouTube FB Twitter IG, Reddit 4chan blah you name it, and you know what’s next?