Which kind of situation will force you to sell?

[ChiBitCTy]

I mean I would certainly think, or at least hope that everyone is in the camp that if it came down to absolutely having no other choice but to sell to save yourself or a family member, that you would do it.  Me personally, I rarely sell any bitcoin and if I do it's for specific reasons that are beyond my control. 

I certainly think there's less people "hodling" than there claims to be, but who knows.

[dunfida]

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?

If bitcoin do hit up its previous ATH then i might be selling it out and secure profits on the time that it had bought those coins on cheaper prices. Securing profits is one of the priority.Then next is to wait up for some

hard correction and or bearish moments and then repeat on the same thing.Just be sure that you had set aside with some amounts for you to be able to do so.Just like on others been saying that having some
urgent need of money is one of the most common reason for people to make out some sell.

There are indeed conditions which you cant really be able to avoid on selling out if you are really that in need and you do know that you do have something in storage.

[BitDane]

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?

Any people who have Bitcoin will force to sell his holdings if he runs out of fund to pay for his bills and other basic expenses.  The scenario of no one to go to for the family basic needs will surely force anyone to sell their holdings of BTC.  You cannot enjoy BTC when it rally if you are dead of starvation.  So I think that is the thing that will force anyone to sell their holdings of BTC.

[kawetsriyanto]

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.

Every investor dreams to sell their Bitcoin at $100k since the previous bullrun season. If BTC really achieves $100k mark in the next bullrun season, most investors surely sell their Bitcoin. There should be many investors to be rich in the next bullrun if everything happens as expected. However, no one knows whether BTC really achieves $100k or not. To be honest, I don't expect too much for $100k price, $80k - $90k is enough for me. If BTC price can increase to $80k - $90k, I am eager to sell most of my Bitcoin.

[Bazzu]

indeed we have to be strong in holding bitcoin, and of course we will sell it if there is a profit to be made. but sometimes we are forced to sell bitcoin even though we actually don't want to sell it if there is no profit to be made. and usually forced to sell bitcoin more generally for health, for food,
and one more thing that is unique, namely for wedding expenses and I have experienced selling bitcoin for wedding expenses.

[Ale88]

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?

Family or health are both extremely good reasons, thinking about something maybe a little more selfish I would probably say that if bitcoin reaches a very high value, and that amount of money would help me buying a house for example instead of renting one, well, at that point it would hard to keep hodling.

[GreatArkansas]

(....)
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?

Some people like me treat Bitcoin as their emergency funds + investment at the same time.
I remember before when I needed some funds emergency and what I did was I just sold the Bitcoin I accumulated a long time ago, so even how much the price is, there's no matter at all.

[passwordnow]

Is family or health challenge enough reason to?

For those that don't have HMO or insurance, it'll really be a way for them to be forced to sell or some sudden accident that huge money will be needed and they just can't pull any of their savings because there's no any.
And their savings have been put into bitcoin, so that reason makes sense to sell at that needed time because that's literally their savings and it's just sad if the market isn't that good by that time. I have done it before when I needed a budget to pay a mortgage and I'm in between during that time, happy because I'm able to pay the mortgage but also sad because I have to sell.

[xSkylarx]

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?

Health is our priority so that is the time you should be selling your bitcoin or part of it when you need money for buying medicines or paying hospital bills. For most of the holders that have been in bitcoin for a long time the only time they could sell is if they needed money or if it they already got profit on it since they knew that in the bear season there is always a comeback so their strategy is to just divert their attention to other things and will see the price in a couple of months so that they don't worry about its price. Mostly those newbies and don't know well bitcoin would panic sell on red days.

[klidex]

(....)
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?

Some people like me treat Bitcoin as their emergency funds + investment at the same time.
I remember before when I needed some funds emergency and what I did was I just sold the Bitcoin I accumulated a long time ago, so even how much the price is, there's no matter at all.

I agree with you because health and life safety are indeed more important than anything else.
One of the advantages of saving some of our money in the form of bitcoin crypto assets is the fast time when cashing out or withdrawing when we really need it in an emergency with a certain amount of money.
Meanwhile, if we keep fiat money at the central bank, it is indeed safer and there is no risk of losing our savings assets.
But in an emergency, we can't take all the money quickly because the central bank itself provides conditions if we want to withdraw large amounts of money, not to mention we still have to queue up for bank visitors.

[Kakmakr]

I kept bitcoins that I bought at $300+ ...and only sold some of them, when the price hit $60 000+ .....and this was done in part, due to pressure from family members. The forced me to sell, because they said I would regret not selling, if the price goes down to zero.... so I sold some coins, just to shut them up. 

Also, a gun to the head .... might also be a good motivation to sell more.... but let's not go there.  I have a good 80/20 strategy, where I hoard 80% of the new coins I buy... and I use 20% of that on daily expenses. (mostly food) 

[macson]

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?

psychologically people will sell whatever they have when urgent circumstances force it ^{(families who fall sick, starve and pressure from debt collectors)}, i will also make that decision ^{(sell the BTC that i hold)} if i experience one of the things i mentioned earlier.  everyone has to move forward with life and no one is sure to insist on holding (in this case, stay hodl btc) onto the thing they can use in a moment of emergency. 

[davis196]

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?

1.If the Bitcoin price hits levels close to ATH(60-70K USD). I would sell a part of my BTC and keep the rest for a price level above 70K.
2.If the Bitcoin price drops down to 1K-5K USD(or below 1K). There's a really small chance for such price crash to happen, but it's not impossible.
3.If I am in urgent need of fiat money to cover some urgent expenses.
I can't think of any other conditions that would force me to sell BTC.
FUD news about BTC and crypto scams going bankrupt aren't enough to make me wanna sell my BTC.

[michellee]

My family condition and health challenges were reason enough for me to sell some bitcoins so they wouldn't be in too much trouble. So far, that's what I've done for my family and I'm still grateful that I'm still holding on to most of my bitcoins. And I can buy more at times like this. I am not affected by market conditions but my family and their health is the main thing in my life so that is the perfect reason for me to sell bitcoins for them.

[Davidvictorson]

Is family or health challenge enough reason to?

I remember having this conversation with my buddies last week. We were talking about the bitcoin halving that's coming and the impact it would have on those who have held strong. It was during this that the question popped up. What is some thing that could happen and you will be forced to sell  at least 40% of the coins that you have held? We talked about all the possible unforeseen circumstances that could occur and then we concluded that health or a life threatening illness of any member of our families is what can force to sell. You can always buy bitcoins but you can't always buy the a life back once it is gone.

[Antonas1]

I have two places to store my Bitcoins, some on a centralized exchange (CEX) and the other on a personal wallet. I often sell my Bitcoins that are on CEX when I need them (in various ways), while I try to hold my Bitcoin in a personal wallet until the price I dream of is realized, which is 1 satoshi = $1.

There is no specific thing forcing me to sell Bitcoin until now (and hopefully never), because I still have a main job besides Bitcoin world.

[fennic]

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?

Thete are many situations to consider, first is that when I think that Bitcoin market has a lot of bad news and it cannot be reverted. In that situation I will be able to sell my assets so that I my not loose much more money too.
And also next situation is with the futures trading, cause in futures trading we use more leverage and we have to sell our tokens so that I might be able to avoid much more loss.

[darkangel11]

There's only one such situation but I'm not even sure if I'd do it if it happened and it's bitcoin going to the moon. When I think of price levels I think that the higher we'd go the more I'd believe that exchanging bitcoin to fiat currency that gets weaker and weaker compared to bitcoin doesn't make sense. I'd probably buy myself the things I need to kill time and have fun and continue to hold.

E.g. at 100k I'd buy myself a new car, motorcycle, maybe build a garage for all that stuff. At 200k I'd buy a boat, at 300 probably move to a new house and each time it would maybe cost me 5% of my bitcoins. So at 500k I'd still have 75% of the coins I hold today and have all the things that I need. There would be no reason to keep selling.

[Questat]

There is no specific thing forcing me to sell Bitcoin until now (and hopefully never), because I still have a main job besides Bitcoin world.

Perhaps, you have a reason to hold and never touch your Bitcoin if possible as you have other sources of income. For those who have not and just relying solely on their crypto investment, in times of emergencies they have no option but to sell their holdings.
Basically, the reason why many people come here is to earn money in order to support their needs and other finances. In fact, investing is not all about holdings forever, there are times that we need so sell them whether it was for emergencies or for another investment.

[karabiber]

The person may have a purpose for selling Bitcoin. For example, a person may want to earn money by selling Bitcoin or may want to invest in another investment vehicle by selling Bitcoin. When selling Bitcoin, the amount one wants to sell is also important. For example, a person may want to sell only a few Bitcoins and this may affect the reason for selling and when to sell. I always try to save cash, except when investing in cryptocurrencies. I spend my money carefully so I don't have to sell Bitcoin. I always try to have cash around the corner for unexpected health or family issues. We needed to do this before there was Bitcoin. I met the idea of ​​a very long term investment with Bitcoin. I made a promise to myself that I must keep bitcoins for at least 20 years. Maybe i'll never be able to sell them while i hold the bitcoin. If there is a very high increase, like 1000%, then i say goodbye to some of them, if not all.