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Author Topic: Which kind of situation will force you to sell?  (Read 879 times)
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March 22, 2023, 09:59:35 PM
 #121

I guess there’s no reason to chose or doubt, because when time comes that our family’s health will be at risk, though it’s not the best time to sell, but it’s definitely the best we can do than to live with regrets in the years ahead. And to think that we are here to invest and aim to accumulate more profits so we can prepare our finances whatever unforeseen circumstances that may come. And when it’s actually happening, no need to hesitate if it’s a good time to sell, just sell your coins so you can save your family’s in danger.

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March 22, 2023, 10:38:46 PM
 #122

I guess there’s no reason to chose or doubt, because when time comes that our family’s health will be at risk, though it’s not the best time to sell, but it’s definitely the best we can do than to live with regrets in the years ahead. And to think that we are here to invest and aim to accumulate more profits so we can prepare our finances whatever unforeseen circumstances that may come. And when it’s actually happening, no need to hesitate if it’s a good time to sell, just sell your coins so you can save your family’s in danger.
Definitely right, theres no other important things when the family matters involve in one situation. We dont need to hesitate on selling our coin, specially when it will be going to used to support our family. It may not be the best time to sell but that would be the best thing we can do for them. Just think of it, we can still earn money after that, but once we lose our loveones, they cant be back anymore.



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March 22, 2023, 10:53:59 PM
 #123

I guess there’s no reason to chose or doubt, because when time comes that our family’s health will be at risk, though it’s not the best time to sell, but it’s definitely the best we can do than to live with regrets in the years ahead. And to think that we are here to invest and aim to accumulate more profits so we can prepare our finances whatever unforeseen circumstances that may come. And when it’s actually happening, no need to hesitate if it’s a good time to sell, just sell your coins so you can save your family’s in danger.
I agree with your submission mate. There is a saying that health is wealth. Accumulating or hold even during the hard times is not more investment but wickedness. You can not boast of holding Bitcoin during sickness or maybe after death (God forbid). There's absolutely nothing wrong doing away with what you have to gain what you want. I believe that we all saving to satisfy ourselves someday of hardship.
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March 22, 2023, 11:13:54 PM
 #124

When the entire debt value equals with the amount of bitcoin I hold, I'll go for selling my holding. Having debt is always a pressure, which is quite hard to overcome. This makes life harder, because we can't plan for betterment of our life. With what we earn we need to repay and once it gets completed we can move to the next level of living with our earning.

For now the economic conditions too bad. This makes life even worse and more suffering. In these days accumulating as much possible could help at the upcoming large scale bullish move around the days of halving. For now my focus is upon the upcoming halving.

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March 23, 2023, 04:13:33 AM
 #125

I guess there’s no reason to chose or doubt, because when time comes that our family’s health will be at risk, though it’s not the best time to sell, but it’s definitely the best we can do than to live with regrets in the years ahead. And to think that we are here to invest and aim to accumulate more profits so we can prepare our finances whatever unforeseen circumstances that may come. And when it’s actually happening, no need to hesitate if it’s a good time to sell, just sell your coins so you can save your family’s in danger.
I agree with your submission mate. There is a saying that health is wealth. Accumulating or hold even during the hard times is not more investment but wickedness. You can not boast of holding Bitcoin during sickness or maybe after death (God forbid). There's absolutely nothing wrong doing away with what you have to gain what you want. I believe that we all saving to satisfy ourselves someday of hardship.
if that's what remains of the reserve money that is owned then selling it even in a bearish situation, would not be a wrong decision, because we are saving lives for our family members. when we are sincere to do it then God will replace it with a bigger one. indeed in that situation we are faced with indecision, considering that we feel that it is not the right time to sell it when viewed from an analysis perspective, but after all, lives are more valuable than material things

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March 23, 2023, 04:19:37 AM
 #126

I would say if there is no requirement of money, then hold the coins as much as you can. These bitcoins are very much valuable. The reason I am saying this is that because, Bitcoins are limited in numbers, and as the time will pass the demand for the coin will increase. So the more time you hold, the more valuable it will become. So if there is no urgency of money, and you can survive without selling the Bitcoins, then kindly do it and hold the Bitcoins. I will only sell my coins, if there is some emergency funds required and I don’t have any other source to fund the emergency, then only I will sell my hard earned coins. I think many can relate with my situation.

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March 24, 2023, 07:14:10 PM
 #127

In my case my all income i.e. all payment I received that is on bitcoin so to fill my needs and my families needs I have to sell bitcoin . Also, I rarely try to touch bitcoins deposited for holdings. But sometimes due to very emergency issues I had to touch my bitcoin.  But if there is no health issue yet, I will not sell bitcoin.


In my opinion, if you hope that Bitcoin will become the peer to peer payment method for the masses, leaving your btc still, then you are wrong.  Who should start spending and running btc if not us?  How do you think mass adoption will happen?

at the current date it is still premature to talk about mass adoption, I agree with your thinking but it is an event that today is still in its primordial state, not all countries of the world accept payments with bitcoins, so many of us find ourselves having to sell for $ or € before being able to use btc, then in the specific case he said he had to use them for health needs, he didn't use them directly but it is as if he had done it by selling them for $ or in another FIAT. obviously we would never have mass adoption if we all keep them in wallets. there is a need for merchants, companies and individuals to start accepting payments in btc first

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March 24, 2023, 07:20:12 PM
 #128

In my case my all income i.e. all payment I received that is on bitcoin so to fill my needs and my families needs I have to sell bitcoin . Also, I rarely try to touch bitcoins deposited for holdings. But sometimes due to very emergency issues I had to touch my bitcoin.  But if there is no health issue yet, I will not sell bitcoin.


In my opinion, if you hope that Bitcoin will become the peer to peer payment method for the masses, leaving your btc still, then you are wrong.  Who should start spending and running btc if not us?  How do you think mass adoption will happen?

at the current date it is still premature to talk about mass adoption, I agree with your thinking but it is an event that today is still in its primordial state, not all countries of the world accept payments with bitcoins, so many of us find ourselves having to sell for $ or € before being able to use btc, then in the specific case he said he had to use them for health needs, he didn't use them directly but it is as if he had done it by selling them for $ or in another FIAT. obviously we would never have mass adoption if we all keep them in wallets. there is a need for merchants, companies and individuals to start accepting payments in btc first
If we do try to look at on how small we are in overall adoption then we could really say that we are still on an early phase on which it is really just that not that late for us to accumulate more Bitcoin considering
that overall adoption isnt really still something that been scattered every corners of the world on which it is really just that right that we should act now while the price is still that low. Its not necessary
to buy a whole coin since we could really do it on fractions. In speaking about the condition basing up on what op mentioned about selling out on a particular situation then it isnt really bad
specially if we dont have anything something to do or solutions on which you cant really avoid on having this last resort for you to take on.

R


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March 24, 2023, 07:27:29 PM
 #129

I would say if there is no requirement of money, then hold the coins as much as you can. These bitcoins are very much valuable. The reason I am saying this is that because, Bitcoins are limited in numbers, and as the time will pass the demand for the coin will increase. So the more time you hold, the more valuable it will become. So if there is no urgency of money, and you can survive without selling the Bitcoins, then kindly do it and hold the Bitcoins. I will only sell my coins, if there is some emergency funds required and I don’t have any other source to fund the emergency, then only I will sell my hard earned coins. I think many can relate with my situation.
The reason why if there are still opportunities to earn, then always take advantage of it. Because when unforeseen events start to happen, like emergency health issues on the family members, for me I would never hesitate to sell my coins if that’s the only way to resolve the problem. My family is my weakness, so in times their lives are at risk with pain, then definitively that situation alone can force me to sell most of my coins.

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March 24, 2023, 07:39:23 PM
 #130

Three scenarios will always make me sell:

1. If bitcoin increases in value so much that it would set me for life
2. If bitcoin decreases in value that the selling pressure is immense I couldn't keep it anymore.
3. If a significant portion of the demographic sells their bitcoin which is still tied to number two but in most cases selling pressure isn't linked to a lot of people selling.

In any case, I'd try my hardest to hold my bitcoins, especially after the fact that I hoarded these and worked for this bag for a long time. To sell is to admit defeat if I were to sell at a very low price. But not gonna lie, there's been times in the past when I'm forced to empty my bags.

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March 24, 2023, 09:01:20 PM
 #131



at the current date it is still premature to talk about mass adoption, I agree with your thinking but it is an event that today is still in its primordial state, not all countries of the world accept payments with bitcoins, so many of us find ourselves having to sell for $ or € before being able to use btc, then in the specific case he said he had to use them for health needs, he didn't use them directly but it is as if he had done it by selling them for $ or in another FIAT. obviously we would never have mass adoption if we all keep them in wallets. there is a need for merchants, companies and individuals to start accepting payments in btc first

I think that if you want to achieve a circular economy in your locality, you need to spend your bitcoins, which don't necessarily have to be spent and not repurchased, but rather help move bitcoin liquidity in such a way that anyone can spend it in turn.
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March 24, 2023, 11:32:46 PM
 #132

Which kind of situation will force you to sell?

Is family or health challenge enough reason to?

If I am in a situation where just selling my bitcoin could be the only solution, then I will feel tempted to sell too, but first I will see if I could get a fiat loan and use the bitcoin as collateral.


Family is important, such as in terms of health, so I say yes.

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March 24, 2023, 11:41:46 PM
 #133

I would say if there is no requirement of money, then hold the coins as much as you can. These bitcoins are very much valuable. The reason I am saying this is that because, Bitcoins are limited in numbers, and as the time will pass the demand for the coin will increase. So the more time you hold, the more valuable it will become. So if there is no urgency of money, and you can survive without selling the Bitcoins, then kindly do it and hold the Bitcoins. I will only sell my coins, if there is some emergency funds required and I don’t have any other source to fund the emergency, then only I will sell my hard earned coins. I think many can relate with my situation.
The reason why if there are still opportunities to earn, then always take advantage of it. Because when unforeseen events start to happen, like emergency health issues on the family members, for me I would never hesitate to sell my coins if that’s the only way to resolve the problem. My family is my weakness, so in times their lives are at risk with pain, then definitively that situation alone can force me to sell most of my coins.

I think some would argue that before you invest in bitcoin, you must be sure that you have the emergency fund that you can use when these unforeseen events happen. But, sometimes there are instances that costs of these can't cover the fund you have, wherein I think this is the time for you to sell the investment you have in bitcoin. It is much better for you to sell it than make yourself be in the situation of loaning since this is much harder to handle.
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March 24, 2023, 11:58:04 PM
 #134

Which kind of situation will force you to sell?

Is family or health challenge enough reason to?

If I am in a situation where just selling my bitcoin could be the only solution, then I will feel tempted to sell too, but first I will see if I could get a fiat loan and use the bitcoin as collateral.


Family is important, such as in terms of health, so I say yes.
Well said, we live for the family and for that we need to spare anything we have. In all our hard times our family used to be with us. When something had happened and they were not in a situation to handle it, then it is our sole responsibility to help them someway. In such situation if I don't have the fund and the only available thing is my bitcoin holding I'll sell and find a solution for it.

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March 25, 2023, 02:04:30 AM
 #135

Which kind of situation will force you to sell?

Is family or health challenge enough reason to?

If I am in a situation where just selling my bitcoin could be the only solution, then I will feel tempted to sell too, but first I will see if I could get a fiat loan and use the bitcoin as collateral.


Family is important, such as in terms of health, so I say yes.
Well said, we live for the family and for that we need to spare anything we have. In all our hard times our family used to be with us. When something had happened and they were not in a situation to handle it, then it is our sole responsibility to help them someway. In such situation if I don't have the fund and the only available thing is my bitcoin holding I'll sell and find a solution for it.
family are the people we love, it seems we can't even live without them, so I mean putting our feelings above the material things we have. if selling bitcoins is the only way, then without hesitation I will sell it, in order to save the lives of my family, than if the worst thing happens and we end up regretting it it's useless. and afterwards we can still work hard to return the assets we sell

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March 25, 2023, 03:30:26 AM
 #136

Which kind of situation will force you to sell?

Is family or health challenge enough reason to?

If I am in a situation where just selling my bitcoin could be the only solution, then I will feel tempted to sell too, but first I will see if I could get a fiat loan and use the bitcoin as collateral.


Family is important, such as in terms of health, so I say yes.
Well said, we live for the family and for that we need to spare anything we have. In all our hard times our family used to be with us. When something had happened and they were not in a situation to handle it, then it is our sole responsibility to help them someway. In such situation if I don't have the fund and the only available thing is my bitcoin holding I'll sell and find a solution for it.
family are the people we love, it seems we can't even live without them, so I mean putting our feelings above the material things we have. if selling bitcoins is the only way, then without hesitation I will sell it, in order to save the lives of my family, than if the worst thing happens and we end up regretting it it's useless. and afterwards we can still work hard to return the assets we sell

Bitcoin is not divine, and it couldn't be more important than our loved ones. To me, bitcoin is like any other asset, sold and used when needed and easily bought back when money is available. It is nothing compared to the love of family or human life. Many people are valuing bitcoin more than their loved ones, bitcoin is not made to divide people or make people more evil.
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March 25, 2023, 08:08:23 AM
 #137

Well said, we live for the family and for that we need to spare anything we have. In all our hard times our family used to be with us. When something had happened and they were not in a situation to handle it, then it is our sole responsibility to help them someway. In such situation if I don't have the fund and the only available thing is my bitcoin holding I'll sell and find a solution for it.

Of course, the family is very important and you need to take care of it., but before selling, you need to look at all possible options to find money to solve the problem that has arisen. If you have a job, you can ask for a salary in advance, or you can take a loan to pay it off from the next salary. I think there are ways that we can get by without having to sell our investments.

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March 25, 2023, 09:08:25 AM
 #138

Three scenarios will always make me sell:

1. If bitcoin increases in value so much that it would set me for life
2. If bitcoin decreases in value that the selling pressure is immense I couldn't keep it anymore.
3. If a significant portion of the demographic sells their bitcoin which is still tied to number two but in most cases selling pressure isn't linked to a lot of people selling.

In any case, I'd try my hardest to hold my bitcoins, especially after the fact that I hoarded these and worked for this bag for a long time. To sell is to admit defeat if I were to sell at a very low price. But not gonna lie, there's been times in the past when I'm forced to empty my bags.
well, selling some bitcoins when the price is on the rise is a natural thing. i will also do the same. selling some bitcoins for profit and prizes, it is probably the case that most people will sell some of the bitcoins they have.
Also, I might also sell my bitcoins when I'm really broke, and that might be the only way. Circumstances sometimes push someone to sell their assets, even the most important ones. it is in this condition that I most often sell the bitcoins that I have.

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March 25, 2023, 03:37:29 PM
 #139

A situation that has to do with life and death can prompt me to sell some coin. But to be on the safer side it is best for hodlers to have other source of income so the don't get compelled to sell, which i can attest to. In life there will always arise situations that will make us want to sell some coin but if there are other means by which this problems can be solved the pressure of selling will be minimal and it will more easier and convenient to hodl until a 100% profit is made from the initial capital
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March 25, 2023, 04:56:19 PM
 #140

2. If bitcoin decreases in value that the selling pressure is immense I couldn't keep it anymore.

Actually, this stage is a part of the Bitcoin price cycle, and it has happened many times. The last one was at the end of 2022, but as we can see, Bitcoin has recovered a bit and it's almost double that price. Therefore, I don't agree with you regarding this point, because that's what Bitcoin whales want us to do.

To me, the only case that makes me sell my Bitcoin holdings is emergency needs.For example, a reason related to my health or the health of one of my family. Another reason is suffering the result of a bad natural crisis like what happened recently in Turkey and Syria. A lot of people were left in the open air without a house or food. Although I live in Syria, I luckily wasn't affected by the earthquake, but can see and feel the pain of those affected.
Some people might find better investment opportunities in real life, and that might be a possible reason, as some investments have durable income, but in this case, I would sell a part and leave a part.

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