Which kind of situation will force you to sell?

[so98nn]

Nice conversation to understand the scenarios of everyone, how would they react to it. Bitcoin is slowly getting one of the excellent asset these days. The more we try to HODL it the more profitable it becomes with the time. Or may be this is just true for bitcoin. 

I think in my case I have already sold my bitcoin earnings as and when required by me or my family. Considering I am the sole earner in my house, the money is always short for me. So apart from my salary I always need to sell my bitcoin earnings and artwork earnings.

For me that happens to be the reason. In short family/daily expenses.

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[Zaguru12]

Every investor has a target when they will sell but if most will sell there bitcoin at the 100K mark. Currently I have two set of bitcoin one is for sale when the next halving happens and the other part is something I am eager to keep for years.

Although most of the smart investors have fiat or liquid cash enough to cater for them but we can't cheat nature. Emergencies like life threatening health issues which might be above my fiat capability might force me into selling but apart from a scenario like that I am going with my earlier plans

[Franctoshi]

I would sell my Bitcoin when I got into a situation or problem that has cost me spend all my fiat currency or ma maybe be lucreative business that will be more profitable than Bitcoin, then I would have no option than to liquidate some of my Bitcoin holdings if there be the need for such.

[freedomgo]

People actually claim to be strong holders that can go against any situation wanting them to sell off some of their bitcoins. The strongest of holders do not just sell at the slightest economic discomfort I know, but I believe everybody has a threshold at which if the pressure surpasses them, they would break into the decision of selling some of their bitcoins to sort the present condition. What kind of situation do you think is enough to pressure you in seeling some of the bitcoins you have been holding. Is family or health challenge enough reason to?

Yes, even the strongest hands do have some weakness that will force them to sell a fraction of their assets or worse, all of it.

The reasons might vary depending to the holder's situation, but for me, I do have something of my mind that will force me to sell some of it but I'm not inclined to disclose it for some beliefs and I'm not really hoping that it will happen somewhere in the future because that also means a bad news for me, for both of my assets and for the situation that will make me sell it.

[tjtonmoy]

Is family or health challenge enough reason to?

I guess it does. I won't leave my family to suffer while I hold BTC that could help. I won't sell all but some that will cover whatever the situation is. And health issue is the main reason. If I can't live happily, then what's the point of having something which is no good for that.
That's just how I think.
But for newbie who just entered the market and bought BTC at current market price. If the price pumps now, then they will sell for sure. As they are not aware of what the future holds.

[cryptoliquor]

Only time Id be force to sell is during a bull run or if I had no more work, burnt all my savings, burnt all my credit cards and personal line of credit and cashed out all my investments. 

[sulendra12]

What kind of situation do you think is enough to pressure you in seeling some of the bitcoins you have been holding. Is family or health challenge enough reason to?

Both.
Especially when it comes if I need something to pay or to buy so if I get decent profit or just if I think I already have enough losses in my situation then I decide to sell my assets for the moment just to buy it later when I'm ready to do it again. Your health is the first to concern and mental or being emotional is a real thing in human and we should not ignore that. It depends on person but myself I do it really slow in my capability.

[borovichok]

I would sell my Bitcoin when I got into a situation or problem that has cost me spend all my fiat currency or ma maybe be lucreative business that will be more profitable than Bitcoin, then I would have no option than to liquidate some of my Bitcoin holdings if there be the need for such.

We face different problems everyday and we also solved problem everyday of our lives. We should just hope that our problem shouldn't be the ones that will make us withdraw our bitcoin and for urgent situation. There was a tough time in my life that I was so keen on touching my crypto assets which I've saved for years, but I still passed through that stage and there's every possibility that one can scale through any difficult stage in life if proper discipline and consistent is been exercised.

[Mahanton]

People actually claim to be strong holders that can go against any situation wanting them to sell off some of their bitcoins. The strongest of holders do not just sell at the slightest economic discomfort I know, but I believe everybody has a threshold at which if the pressure surpasses them, they would break into the decision of selling some of their bitcoins to sort the present condition. What kind of situation do you think is enough to pressure you in seeling some of the bitcoins you have been holding. Is family or health challenge enough reason to?

The only time i do see where i do make myself leaving no choice is on the time that i dont have anything money left from my pocket or my fiat savings had already gone and you are really that badly needing off some funds due to some health or other monetary problems which would be leaving no choice but to sell off those coins.I've been into those situations where i dont have choice but to sell, i would really be just putting up
into my mind that it is really just that better to spend those on something important rather than losing those coins into a hack or scams which it do really ease out that kind of stress because
you had sell out your stash.Its situational actually and each person does have different threshold when it comes to this manner.

[Rockstarguy]

No one ever wish to face financial problems  because it makes people to take decisions they never planned on a good day with clear eyes, apart from not having patients to hodl sometimes what makes some people to sell their bitcoin is because of financial problems that their is no other option to solve the problem. I was able to invest on bitcoin very well when I became financially stable,  if I was having lots of problems to solve with money I wouldn't have been able to stay focused on my investment. Serious financial problems can be limitation for every investment, I pray we never meet problems that will deprive us from investing.

[roslinpl]

Holding capacity was shown at the point of the way of holding at all the situation. Even at their critical situation and the money needed situation. After the investment to the crypto currency, people never allow his minds to sell at the critical situation. Because the holding at critical situation is need to hold for the longer period. The same May easy at the time of good economic situation.

[romero121]

Majority of the holders have got their targets set. Once this is reached, people start selling their cryptocurrency holdings. Apart from this, it is possible to see good number of people holding with certain time limits set. People continue holding and selling in between happens as a result of his/her opinion. Most of the time selling happens when there takes place unexpected medical needs.

[NeuroticFish]

What kind of situation do you think is enough to pressure you in seeling some of the bitcoins you have been holding. Is family or health challenge enough reason to?

While own or family health issues are probably the cases that fit best in the scenario of selling (especially "no matter what"), not everybody on this forum is on the "never sell" boat.
Not everybody have invested only some of the extra money into Bitcoin. Some even earn bitcoin and sell (some more, some less) to support themselves.

So was your question meant only to the hardcore HODLers or you've missed some of the other cases?

[coolcoinz]

There are two reasons/situations in which I'd sell (at least some, not necessarily all):

A positive one:
Bitcoin reaches my price targets. The first one is 100k, but knowing how round numbers affect people I might sell some at 90k.

A negative one:
I run out of fat money with no way to make more, for instance if I went blind and I work a lot with computers, so that would complicate things.
Possibly if I needed expensive treatment for me or my closest family and there was no other way to raise money...

What will never force me to sell? Manipulation, FUD, a crash caused by exchanges and scammers.
For years I've had this "go big or go home" attitude towards bitcoin.

[Kelvinid]

....
 Is family or health challenge enough reason to?

Emergencies - this is the most reason why holders sacrifice their coins and sell them at the not perfect time. It is really hard if you are not financially stable because sometimes we need to sacrifice something like in a situation where someone from our family needs immediate money support.
I have that experience but yes, we don't have any choice than committing debts that only add a burden to our financial status. That I see it was very important to save money for health/emergencies separate from our investment so our plan will never be affected.

[Raflesia]

Of course the high price made me do that because in any case what I was after was that but now it seems a little different to most people they are selling in a panic at a price far from the purchase price Even though they are looking for profits when investing in bitcoin but they sell when bitcoin condition is not very good in panic reason lol

[uneng]

What kind of situation do you think is enough to pressure you in seeling some of the bitcoins you have been holding. Is family or health challenge enough reason to?

Next ATH would be the ideal situation for me to sell my holdings. I've waited for too long already and looking for what bitcoin has already passed, I feel regretful for not selling on the last bull run which pushed btc to almost 70,000$. This market, like any financial speculative market, is too dirty and I'm tired of being on the hands of the whales, since they are the ones who manipulate prices and screw up every other investors around.

I'm not going to give up bitcoin, but I think it's time to give more importance to another sectors of my personal life, instead of relying everything on bitcoin.

[lalabotax]

What kind of situation do you think is enough to pressure you in seeling some of the bitcoins you have been holding. Is family or health challenge enough reason to?

So far, I can pass this situation by still holding my Bitcoin although it's a hard condition. Fortunately, I still could get money from other sources that didn't need to sell this asset. And I really hope that this will always happen, until the next bullish reaching my price target and expectation.

However, if this is about the condition that I may sell the coin is probably such an urgent and emergency condition that I cannot find money again or get any loans from my family to pay for some important things, especially health, disease, surgery, and other urgent condition. This will happen after I no longer can sell my offline assets. Beause by selling Bitcoin right now at a very low price, it means that I will lose my money worth that has been dropped.

[famososMuertos]

This subject is widely discussed, in fact it is a myth to think that people do not sell bitcoin. Consequently the reason could be anyone, that is, why?... a Health issue or a need to sell for "something" would matter, that does not take away or detract from its value to the fact in itself of selling.

Selling, buying and Hodl are more common in the frequency of doing it than what is thought, it is the same fact to think that when bitcoin has a value of $100,000 nobody is going to buy it, or persistent that issue of thinking that hodlers (a large majority) are going to sell at that five figure price

You have to place yourself in any of the three situations mentioned and establish percentage priorities in each of them, that's all. Let's drop the myth that selling bitcoin is a cardinal sin.

[nurilham]

What kind of situation do you think is enough to pressure you in seeling some of the bitcoins you have been holding. Is family or health challenge enough reason to?

There are 2 reasons that I simply sell my Bitcoin without no doubt.

1. Bullrun season.
If Bitcoin passes $80k, I will sell 80% of my Bitcoin.

2. Urgent matters.
When there are urgent matters like health problems that require a lot of money. I will consider selling some of my Bitcoin. I only have crypto investment now, I have no other investments. So, when my main money isn't enough to deal with urgent matters, I will no doubt selling some of my Bitcoin.