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Author Topic: Had you sold your Bitcoins ?  (Read 1829 times)
ethereumhunter
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December 30, 2020, 09:10:50 AM
 #41

I already sold my bitcoin below $20k because I need money for some urgent situations and buy my daily needs. But I still hold the rest of my bitcoin on my wallet and the other wallet. I want to hold more bitcoin and not sell if the price does not touch more than $30k because I will make a lot of money at that price. I still want to buy bitcoin, but I will not directly buy bitcoin if the price is at a peak because I can not make a profit by doing that.

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December 30, 2020, 09:17:06 AM
 #42

selling bitcoin for $ 27k to $ 28k is a good moment, but remember that many institutions buy Bitcoin at a high price,
of course this is still bullish, I have sold 20% of my capital at $ 27k, but there are still targets to achieve that is $ 30k, and $ 50k in long term view.
so don't sell all the bitcoins you have so you can follow this bullish trend until it reaches its peak.

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December 30, 2020, 09:22:19 AM
 #43

I don’t think it’s a good time to sell. I’m still on the sidelines. Smiley
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December 30, 2020, 09:22:52 AM
 #44

I sold my bitcoins when the price crossed $24000 and suddenly started to drop off. By the time my mind remembered the previous bull market. Thinking that in mind I just started to sell the bitcoin holdings kept idle as long term investment. To my luck, now the market has crossed $28000. With cryptocurrency market is unpredictable and the same is being experienced.

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December 30, 2020, 09:32:55 AM
 #45

I already sold out all my Bitcoins, and other crypto.
It's your rights to sell whenever you feel safe.

I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
Visiting 6k? then consider this as  a Wildest dream that would never come, Lucky that you see bitcoin fell Bad this year because of the Pandemic but this happens only once in many generation meaning the possibilities of having such tragic time is almost 0% So better change your plan ,or Stay waiting all your life.

What about you?

I had sold some of it this day , because my selling point had already reached and that is 28,000$ though some change of plan because i did not sold everything instead small amount only for the preparation in case like what you said the price drops that bad,at least i had a reserve funds to take the advantage .

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December 30, 2020, 01:05:51 PM
 #46

selling bitcoin for $ 27k to $ 28k is a good moment, but remember that many institutions buy Bitcoin at a high price,
of course this is still bullish, I have sold 20% of my capital at $ 27k, but there are still targets to achieve that is $ 30k, and $ 50k in long term view.
so don't sell all the bitcoins you have so you can follow this bullish trend until it reaches its peak.

A bitcoin price of $ 25,000 or $ 30,000 seems high to us.  And this is not surprising, since we are crypto enthusiasts who have seen Bitcoin at a price of $ 3,000 and below.  

It seems to us that no sane person would buy bitcoin for $ 40,000 or $ 50,000.  This is a false opinion.  

A wealthy investor can feel comfortable buying bitcoin at a high price.  Especially if he sees that his friends and acquaintances are actively buying this financial asset.  

For many people, the trigger goes off - a high price equals high value and significance.

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December 30, 2020, 02:15:08 PM
 #47

I already sold out all my Bitcoins, and other crypto.

I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.

What about you?

If you wait 6k correction to buy again bitcoin, then you may not be able to buy bitcoin again at all. Say it corrects to 6k, so what now? Did we expect to rise the price again. If that so, perhaps there will possibly some attacks happened on bitcoin network and everyone including institutions are all selling and backing down unto their portfolio to avoid further risk. Perhaps that's the case if this current price will drive back to 6k, IMO.

Well the best thing to do right now is somehow accumulate bitcoin or sats of it and hodl until you need to withdraw. But don't sell all out. The best hasn't yet to be seen for bitcoin despite ath. Perhaps it can go further to 50k next year or so.

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December 30, 2020, 02:25:06 PM
 #48

I have sold bitcoins I need money so I decided to sell my bitcoins the profit that I can be extraordinary.
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December 30, 2020, 02:28:11 PM
 #49

I already sold out all my Bitcoins, and other crypto.

I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.
I am sure majority are holding on to their coins to see the rally next year and if you think about how the market rallies in the past then we would see the highest valuation by the second quarter next year and i will be booking my profit during that time. There is nothing wrong in booking your profits earlier as you are happy with the profit and you are not willing to risk if the market goes down and i am sure you are happy with your profit Wink.
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December 30, 2020, 02:42:14 PM
Last edit: December 30, 2020, 02:59:38 PM by Jaycee99
 #50

This might be short but I hope it will help you.

I just want to share I spend my bitcoins this year and saw that bitcoin skyrocketed so I was sad but when I saw the prediction I was hesitant that I decided to buy bitcoin and earn money to buy bitcoin.

So if I were you, do some more research and read more of the opinions here, and when your guts tell you to buy go buy because my guts tell me that bitcoin base on protection and words form bitcoin holders here at the forums. So it's a good thing you ask for more especially on the trading discussion it might help you to decide but ask a different topic but related to your curiosity.

but I always remember patience so make sure to invest a little big one and stay in a long-term option for next year up to the end of the year.

This is one of my bookmark articles, not any endorsement what so ever but it caught me. https://www.ibtimes.com/bitcoin-price-prediction-chart-shows-btc-peaking-out-january-top-trader-says-3111603
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December 30, 2020, 02:49:13 PM
 #51

I have sold it, but not all in. Some are still held for the next bullish price of Bitcoin itself.
Well, BTC $6k? Well, actually, this ever happened, but I don't think that this bad nightmare really will reoccur again in the crypto world. Moreover, right now, the ATH is higher than previously. STill hope that there will be another ATH in 2021.

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December 30, 2020, 03:14:30 PM
 #52

I already sold some of it since I needed it for my necessities and since it's the holiday season but I keep holding my coins. I only sold what I needed and I have no plans of selling all of it so I will continue to hold. I understand if you are afraid of taking a risk when the opportunity is already here, and since it's your bitcoin, after all, it's your choice. But we're also not sure if bitcoin would go down to $6000 this year, so will you still buy if it did not reach your expected price?
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December 30, 2020, 03:31:04 PM
 #53

Well, that your choice on if to sell your bitcoin or not,but I would still hold mine if I had at least till the end of January 2021, because I feel this is just the beginning pump of BTC .
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December 30, 2020, 03:57:42 PM
 #54

It's entirely your right to sell or not. If you feel like your investment has been profitable, it doesn't hurt to sell. We all can't even predict the market with certainty and it was over 10 years before today. People may advise you to hold bitcoins for some time, but you have the absolute right to decide whether to do so or not. Your Bitcoin is your bank, so always consider everything before you make a decision.

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December 30, 2020, 04:07:21 PM
 #55

Don't be in a hurry to sell your bitcoins right now, we are still waiting for more expensive bitcoins in 2021. I believe bitcoin prices will be more expensive in 2021, so it's better to hold your bitcoins until 2021, I hope we all become the richest people  .

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December 30, 2020, 04:15:23 PM
 #56

I already sold out all my Bitcoins, and other crypto.

I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.

What about you?
Maybe 20% off my bitcoin i already sold them because of christmas and birthday also for new year i need to celebrate and treat my family well with good foods even this crisis they need to celebrate and feel the seasons with love and happiness, i don't care about the price if its go down or goes up it is up to those people who had bit contribute in bitcoin industry if they will pump or dump some of their coins, If your thinking that bitcoin will going down by next year i don't think it will happens since the christmas pass bitcoin doesn't move a bit and it was stable at the moment. If you can make another profit from another coin then it is good idea to save them for the next year price volume increase and that's for sure.
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December 30, 2020, 04:29:18 PM
 #57

At this time of crisis and pandemic, my only hope and work is only here in crypto that's why if I have small amount of bitcoin, I already sold it to help my family needs. Now, I'm waiting for bitcoin to drop it's value (if ever) to buy.

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December 30, 2020, 04:35:07 PM
 #58

Just sold my bitcoin on ATH 23K, felt like it’s enough. But unlucky bitcoin went crazy more more ATH to 28K.
I just want to buy again when the dip come(i wish)*lol*. I’m have one prediction or wanting some whale come to sell them coins.
And I have predict bitcoin never hit 6k again on future. Just buy them once bitcoin dump and holding again with me.

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December 30, 2020, 04:38:16 PM
 #59

You are still very early with your decision because if you are in the crypto world for a long time already then you can surely notice that we are not yet at the middle of the bull season so the price of bitcoin will continue to surge for sure until it will hit it's peak.

But I cannot blame you if that is your decision as you have exited with a profit for sure if I am not mistaken, your decision to buy again at $6k is not that bad but what I can assure you is that it will not happen for sure by next year as the chances that the bull season to fully happen is targetted by next year.

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December 30, 2020, 04:52:16 PM
 #60

I already sold out all my Bitcoins, and other crypto.

I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.

What about you?

What if it doesn't go below $20k ever again ?

That would surely give you a huge regret. I know how you feel because even I sold my bitcoins yesterday but unlike you, I didn't sell ally my bitcoins.
I rather sold a little portion and took out small profits while keeping a maximum portion on hold as I believe bitcoin still has room to grow.
It will surely increase a lot in price in the long run.

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