When will you sell bitcoin?

[michellee]

We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?

If you ask about when I sell my bitcoin, I will sell it at the peak price. Maybe it could be at $65k, $75k, or even more than $100k. But so far, I do not just sell at the highest price because I am trying to buying bitcoin at a low price and sell it at a high price and I do not just sell it at once price. I am sure every people will have their own target price to sell, and I think they will not tell the public about the price. Some people will use the time to sell their bitcoin. For example, they will sell in the next 5 years or 10 years later, while they want to accumulate more bitcoin.

[kryptqnick]

I don't hodl much right now and don't intend to do it. I'm just selling when I need cash, no matter what the price is. I wish at some point I wouldn't have to sell it because it would be possible to spend it directly on food and other things which are bought regularly, but for now I do what I must and sell from time to time. As for hodlers, I think it's very important to have a selling point in mind because otherwise you can hodl it for all your life without enjoying the wealth that you've accumulated. Many have $100k in mind, as I see in this thread, but I think that it should also be about Bitcoin reaching a certain price after a certain amount of time. What if it doesn't reach $100k for 5 years, 10 years, 25 years? Does it really make sense to keep hodling if the price is already pretty good? Or if it reaches $100k in a month, would you actually sell everything as you intended or would you feel inclined to set another price?

[masulum]

I don't hodl much right now and don't intend to do it. I'm just selling when I need cash, no matter what the price is.

This is what I also experience right now, I don't have a lot of bitcoins at the moment, because i need cash for real life. One of my friends shared a picture how he can buy luxury items from hodl bitcoin, but I don't feel jealous because of that. Because our life needs are different. In the future, of course I want to have BTC savings that I might be able to give to pay for my children's schooling in the future or something else.

[ecnalubma]

Not selling mine until I can afford to buy a house with my holdings, thats my dream actually. Definitely Bitcoin is worth holding, now that institutions are starting to accumulate it will be more valuable in the near future. It will be a waste of opportunity if I sell it too early.

[Ibrahim60]

We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?

You know Bitcoin price is now so much volatile. Bitcoin is one of the most potential coin in the present time. I bought some Bitcoin when its price was under 20k. I will selling my Bitcoin when its price cross $100k. Then my target will fulfill and i can start up a little Business.

[dolcemariposa1]

I would only sell if I really needed money for the day to day, or to reinvest in a decline, but the price still has a long way to go.

[mezzaluna]

We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?

Hodlers sell their Bitcoin at the moment when they need cash. This Hodlers decide on whether selling their Bitcoin is profitable for them and at the same time, they are thinking of using it as something to buy for themselves. They also think of ways on how to gain more money by the profit they have gained when they saw an open opportunity to gain more Cryptocurrencies.

As for myself, I need to stop cashing out my Cryptocurrencies to buy extra food because I recently saw that I have wasted enough money for them and I believe that focusing on what's important is also good if you want to gain more money.

[MiningBattalion]

I don't hodl much right now and don't intend to do it. I'm just selling when I need cash, no matter what the price is.

This is what I also experience right now, I don't have a lot of bitcoins at the moment, because i need cash for real life. One of my friends shared a picture how he can buy luxury items from hodl bitcoin, but I don't feel jealous because of that. Because our life needs are different. In the future, of course I want to have BTC savings that I might be able to give to pay for my children's schooling in the future or something else.

One of Warren Buffett’s most famous pieces of investing advice is devilishly simple. Before you put your money into that company you had your eye on, take out a note pad, preferably yellow, and write down the reasons for investing in it.When I bought Bitcoin in December 2017 it was priced at about $25,000 and climbing. But no sooner had I pressed “buy” on my crypto app than it crashed. People laughed; so did I. After all, I’d had a nagging feeling that all it would take to plummet was for another mug like me to buy in.

[carlisle1]

Having that future views will keep you holding your assets.

It's nice to have that goal as it will prevent you in losing such great opportunities, if you do believe that in the long run Bitcoin will provide the dream house that you are aiming, better to keep everything safe and if possible invest more for the best benefits that you'll got.

Not selling mine until I can afford to buy a house with my holdings, thats my dream actually. Definitely Bitcoin is worth holding, now that institutions are starting to accumulate it will be more valuable in the near future. It will be a waste of opportunity if I sell it too early.

I would only sell if I really needed money for the day to day, or to reinvest in a decline, but the price still has a long way to go.

Most of the holders have the same mindsets as yours they are been force to sell their coins once emergency cases happened

leaving them no choice.

[The Cryptovator]

We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?

Pretty simple for me. When I need money. My thought is quite different from others because price doesn't matter for me when I need money. Because I use Bitcoin for my daily needs, although I can't spend Bitcoin directly but I can cash out it. Holding is better, but there should a target when will you sell. There should be a price zone where you want to sell. If you are a trader then it's a difficult subject. But sometimes holding would lead you to lose if you can't take a real-time decision.

Anyway, try to use the search button before creating such threads. Because there are many similar threads where you would find your answer.

[best123]

To me selling at $100,000 will be great. Though, it depends on how much/rate you bought yours. Those that bought at $10,000 - $30,000 can sell anywhere they like for now.

[isaac_clarke22]

We buy bitcoin not because of only hodling for it to earn money.
Some have different reasons, one falls for using it to pay, another is for storing for its value and the last is both of two sides.
I do the both sides of the coin, but when I get asked when I will sell my coin. I always say anytime soon, but I won't go all-out in my coins.

[Innerpumper]

We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?

Going to sell us I need money. As you know, we buy bitcoin to earn money. If it can, and we need time to sell I'm sure when we sell there are others happy to buy it even though we will miss the moment if bitcoin flies. Therefore if you are whales, then sell this bitcoin slowly, because it is very valuable for the future.

[taufik123]

when will i sell it?
of course when the target I planned has been achieved.
Buying at a very low price and targeting a high price will pay off quite a bit.
making bitcoin purchases on a weekly basis is a good strategy.
Buying bitcoins to hold and set aside for the future is a good holding strategy. We don't know the price of bitcoin will hit the new ATH again or not, but before that happened I already had a bitcoin reserve that I bought at a low price.

[cryptoperkele]

You mean when will i buy fiat money?

I try to accumulate it when it hits the bottom and everyone holding fiat is scared and want to move to cryptos. I see that happening this year.

[LordShanken]

It largely depends at what value you bought bitcoin or how much profit you want. If I have Bitcoin bought at 10k then it's ideal time to sell my holdings and enjoy vacations around the world. Best is to exit at decent profit. Remember haste makes waste.