Something is seriously wrong with bitcoin markets. No liquidity? Should we sell?

[edward500]

I'm not complaining as I purchased 2 bitcoins in 2022 at 21K each, near the lows.

However, is something wrong with the bitcoin markets. I figured this would happen because those ETF's need to use exchanges to purchase coins and how is coinbase going to have the liquidity to deal with the current ETF demand.

What do you think, is there a liquidity crunch and it makes sense to sell now because sellers will come in soon to take advantage of these high prices? Or does it make sense to just hold at this point?

[Charles-Tim]

What do you think, is there a liquidity crunch and it makes sense to sell now because sellers will come in soon to take advantage of these high prices? Or does it make sense to just hold at this point?

It is better yoy hold your coins. You will be happy when bitcoin reaches higher prices. I will advise anyone that want to sell to wait for at least six figures which starts from $100000. That would be when you want to sell fast because bitcoin will still go higher than that. If you are not in need of the money for now, just hold it on your noncustodial wallet and expect higher return.

[moneystery]

as far as i know, the bitcoin etf providers don't buy bitcoin very significantly as their company's reserves, they only allocate a small amount of their capital to buy bitcoin, because the most important thing for them is their responsibility to the fed, not to bitcoin, so they don't need to buy a lot of bitcoin to support their bitcoin etf product.

and discussing price correction, maybe that will happen because usually before the halving there will be a price correction. it's the holder's decision whether they want to sell their bitcoins or not, but i myself prefer to hold them.

[promise444c5]

I'm not complaining as I purchased 2 bitcoins in 2022 at 21K each, near the lows.

However, is something wrong with the bitcoin markets. I figured this would happen because those ETF's need to use exchanges to purchase coins and how is coinbase going to have the liquidity to deal with the current ETF demand.

What do you think, is there a liquidity crunch and it makes sense to sell now because sellers will come in soon to take advantage of these high prices? Or does it make sense to just hold at this point?

You can still hold because the price will definitely surpass the successive ATH .

[Jawhead999]

I'm curious where's the proof that Coinbase has no liquidity? check this sites, it's clear there are more people want to sell their coins instead of hold it https://bitcoinity.org/markets/coinbase/USD

Honestly $60K is still nothing because most people are predicting Bitcoin price should able to double or triple from the last ATH, as people said "history repeats by itself".

But do you want to sell or hold your coins? it's all up to your decision, the only rule is there are no rules.

[EarnOnVictor]

I'm not complaining as I purchased 2 bitcoins in 2022 at 21K each, near the lows.

However, is something wrong with the bitcoin markets. I figured this would happen because those ETF's need to use exchanges to purchase coins and how is coinbase going to have the liquidity to deal with the current ETF demand.

What do you think, is there a liquidity crunch and it makes sense to sell now because sellers will come in soon to take advantage of these high prices? Or does it make sense to just hold at this point?

Let me say I was surprised when I first read your headline, and also with the body, I am even more surprised. Well, if you must know, nothing is wrong with the Bitcoin market and the relationship between exchanges, Bitcoin and ETF companies cannot in any way affect the coin negatively. If the EFT companies move their Bitcoin from exchanges and other arrangements and thereby terminate their agreement with them, other arrangements would have been set in place to accommodate the Bitcoin removed since they always repurchase if that at all leads to liquidation. This cannot in anyway affect the liquidity of the Bitcoin market since what they remove is being purchased back, they can't delay it since it is all business for them.

They are just rearranging the business mode, or better called restructuring it since the ETF has been approved, which also means they've achieved their aims, so why still depend on exchanges and others like before? They also need to build people's trust and not rely on third-party companies.

What do you think, is there a liquidity crunch and it makes sense to sell now because sellers will come in soon to take advantage of these high prices? Or does it make sense to just hold at this point?

Liquidity crunch, how? Have you seen the market capitalization of Bitcoin lately? This should have changed your mind about this question. It is increasing every month, and as I write, it is a little bucks short of $1.2T. This is huge. Can you compare this to the few hundreds of billions recorded about this time last year? This can only mean that Bitcoin is progressing and well-liquid, and not otherwise. The price of Bitcoin has even hit and breached above $60,000 which I never expected would happen in the next 3 months, so it is all positive for it.

Therefore, you do not have to liquidate your position or advise anyone to do so for any reason. This is the bullish season of the coin and will goodly move positively till the first half of 2025.

[Dr.Bitcoin_Strange]

What do you think, is there a liquidity crunch and it makes sense to sell now because sellers will come in soon to take advantage of these high prices? Or does it make sense to just hold at this point?

Hold.. Hold... $100k is certain in this bull market that has already started. The market might still pull back a little after all this pumping, or it might not. So, it's better you just hold and set a target price to sell in factions. Since you bought at $21k, you already have a huge profit now, but don't rush to sell off so you don't regret it by the time you see the price going above $70k. 

I mention selling in fractions; yah, what I mean is, you can set about four target prices and the fraction of bitcoin you will sell when the price is reached. For example, you can set to sell 0.5 BTC at $80k, another 0.5 at $90k, and so on. Remember that the peak of the bull market is not yet reached, and it could happen next year because this year the price will surpass the previous ATH.

[mk4]

Coinbase is the leading bitcoin/cryptocurrency exchange in the United States, and ETF-related purchases are done through Coinbase Institutional — through OTC. I'm pretty sure Coinbase has ample liquidity to support these purchases.

The risk for you in this case is mainly the volatility, not necessarily the liquidity. Of course, liquidity will almost always be thinner when the price movement was violent.

[aylabadia05]

What do you think, is there a liquidity crunch and it makes sense to sell now because sellers will come in soon to take advantage of these high prices? Or does it make sense to just hold at this point?

On the basis that you bought 2 Bitcoins that year to hope for a profit on the return of the price, then choosing to hold for a while would not be wrong if desired.
If the price has increased far from the purchase price, then other things, such as mistakes, whatever they are called, people don't care about them.

Holding Bitcoin up to this point makes perfect sense bro. $60k and on its way to $69k. What percentage of profit has been obtained from the purchase price at that time.

[Moreno233]

I'm not complaining as I purchased 2 bitcoins in 2022 at 21K each, near the lows.

However, is something wrong with the bitcoin markets. I figured this would happen because those ETF's need to use exchanges to purchase coins and how is coinbase going to have the liquidity to deal with the current ETF demand.

What do you think, is there a liquidity crunch and it makes sense to sell now because sellers will come in soon to take advantage of these high prices? Or does it make sense to just hold at this point?

Don't be deceived by that, Bitcoin is on the right track with so much energy to break new grounds. I don't not think that lack of liquidity will be a sign of pump to dump because Bitcoin is far from it. The all time high is the target and it is looking like price will break it soon. As at of this moment, price is at $61k and still pushing stronger. The right thing to do now is to continue to HODL because like some people already suggested, we are heading to $100k. This can happening after the halving or anytime soon. Provided what you invested is money you can keep in Bitcoin for long, I do not think you should worry about the liquidity. Simply sit back and enjoy watching the green candles as they continue to print.

[el kaka22]

Looking at the price right now, asking if you should sell seems a bit weird question. I am not saying you are wrong, of course you can sell if you want to and that's your decision, but it does feel like a bit different situation at the end. We should consider what we can do with this with what we got and looking at the price right now it looks like it has broken over 60k already, so why would you want to sell right now?

I mean if you think that it has peaked for the time and it will crash soon and have a big correction then go ahead and sell, maybe you are right and you will make a lot of profit from that, there is nobody that can provide any proof to it at all. However, we need to also remember that it is going to eb something that will not be agreed by many as well.

[Falconer]

-snip-

On the basis that you bought 2 Bitcoins that year to hope for a profit on the return of the price, then choosing to hold for a while would not be wrong if desired.
If the price has increased far from the purchase price, then other things, such as mistakes, whatever they are called, people don't care about them.

Holding Bitcoin up to this point makes perfect sense bro. $60k and on its way to $69k. What percentage of profit has been obtained from the purchase price at that time.

Sell ​​at the highest price then accumulate when the price correction occurs, that's fine instead of just holding.
Such an approach is basically very profitable, especially as we have never seen prices rise high without being followed by a correction. The lesson is, there are many roads to Rome which means you can gain more profits if you are able to understand the volatile markets.

If OP sells 2 bitcoins at $64k today and he places a buy order at $59k, then he will have 2,169 btc in his account. But this approach is not necessarily everyone's cup of tea, especially if they are comfortable with just holding. The main factor for success with this approach is their analysis and ability to understand the market.

[aoluain]

I'm curious where's the proof that Coinbase has no liquidity? check this sites, it's clear there are more people want to sell their coins instead of hold it https://bitcoinity.org/markets/coinbase/USD

Honestly $60K is still nothing because most people are predicting Bitcoin price should able to double or triple from the last ATH, as people said "history repeats by itself".

But do you want to sell or hold your coins? it's all up to your decision, the only rule is there are no rules.

Yea I'm wondering too if there would be a liquidity issue in this market, there are always
buyers and sellers and obviously in this bull market there are less sellers and more buyers

The top exchanges are not going to get caught out with a liquidity problem.

I also like the way the OP in the thread title assumes we are on the same page and
asks "should WE sell?" ATM and for the short to medium term I am HODL'ing.

Everyone is free to do whatever they want!

[goaldigger]

There’s always a liquidity because of the demand and looking at the price right now, many are being liquidated for playing the big risk and dealing with the volatility greedily. We have to be more target focused and know when to take profit. The price is unpredictable right now, it can hit the higher high and the lower lows in an instant, many are taking profit already while many are also taking risk to hold more, better to choose your side wisely.

[buwaytress]

Why are "we" worried though?

I don't have 2 coins, but even if I had 200 or 2000, I guarantee that would sell at the drop of a hat in whatever liquidity situation there is. Conversely, if I wanted to plop down money to buy 2 or 2000, I'm almost certain I could approach my P2P network and it'd get done fairly quickly.

Do you really think ETF sellers will sell if they don't have underlying Bitcoin? They'd just get IOUs.

[EL MOHA]

There’s always a liquidity because of the demand and looking at the price right now, many are being liquidated for playing the big risk and dealing with the volatility greedily. We have to be more target focused and know when to take profit. The price is unpredictable right now, it can hit the higher high and the lower lows in an instant, many are taking profit already while many are also taking risk to hold more, better to choose your side wisely.

Exactly there is no way that there will be liquidity issues entirely in bitcoin. That will mean the buyers will be way ahead of sellers and sellers which cannot be because for liquidity sweep to happen there will be equal amount of demand and supply to make that happen. Bigger exchange’s definitely have this liquidity to hodl the market. As for selling your bitcoin that is personal issue that OP needs to address.

Many investors have individual target to take profits their could be many people that will take profits at this $60k price same way there was investors that took profits at $45k. But if you’re scared of a dump I will say holding long enough will help you curb that if at all the money used to invest in it is a risk free money that you can afford to lose

[DaNNy001]

What do you think, is there a liquidity crunch and it makes sense to sell now because sellers will come in soon to take advantage of these high prices? Or does it make sense to just hold at this point?

Hold.. Hold... $100k is certain in this bull market that has already started. The market might still pull back a little after all this pumping, or it might not. So, it's better you just hold and set a target price to sell in factions. Since you bought at $21k, you already have a huge profit now, but don't rush to sell off so you don't regret it by the time you see the price going above $70k. 

Well I don't know if anyone isn't suprised at the current surge of price because the price movement is looking so crazy and because am for one suprised at the speed of the bull and with what am seeing I think it's only advisable to hold that coins till it breaches the former ATH before I can think of selling anything that's related to coins although now will also be a perfect time to find atleast some altcoin that can give rapid profit and flip in some cash because the price movement is just crazy and I know some good altcoin also take advantage of the movements.

[OgNasty]

I wouldn't sell because there's no liquidity.  Why make Wall Street's job easier to steal everyone's coins and destroy Bitcoin as something that is usable by it's longtime supporters?  I say we all not only hold the line and not sell our crypto, I think people should continue buying.  Really stick it to these fund managers.  Make them pay $100,000+ to get their hands on our coins.  Don't give up your future gains and help put a lid on the market by providing sell liquidity just so you get less $ for your coins...  Now is the time to really punish Wall Street.  Make them bid the price up to a million per coin if they have to in order to run their ETFs.

[electronicash]

if you expect another drop, it's up to you if you want to sell. many of the holders seem to want to keep holding. but there are already speculations that there will be a slight correction after this rally.

it's just something to worry about though because we know every halving the prices will go to heights. so when there is no liquidity, it means everyone is just holding on. and it's going to be harder and harder to see BTC acquired and prices will keep going up.

[bSpend]

What do you think, is there a liquidity crunch and it makes sense to sell now because sellers will come in soon to take advantage of these high prices? Or does it make sense to just hold at this point?

If I was you, I will just hold bud, there is absolutely no reason to sell at this point because it's still very early, if centralized exchanges like coinbase lack enough bitcoin liquidity to cater for the ETF's demand, it simply means that the fund managers will have to make do with the amount of bitcoin that is available, and they will also have to pay more for it at every stage, which simply means that the value of bitcoin will continue to grow.

So, hold your bitcoin, selling now might turn out to be a very big mistake on your path, bitcoin is on its way to $100,000 and above between now and March next year, it's time to get super rich, hold your bitcoin and do not sell.