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Author Topic: What portion of Bitcoin assets are you willing to sell?  (Read 345 times)
goldkingcoiner
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September 14, 2024, 06:55:35 AM
 #41

I think parting with even a smallest part of your Bitcoin fortune is something you might really come regret in the future (as the past has many times proven). Personally I would rather cash out any other liquidity than sell my Bitcoin.

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September 14, 2024, 01:26:30 PM
 #42

I want to wait for a while until I see how high Bitcoin price will be. If Bitcoin price can reach more than $100k, that will be a good number to sells Bitcoin for 50%-75% and leaves for some portion of Bitcoin in my wallet for another long term investment. I can buy back Bitcoin in the next bear market after the new ATH later so that means I can have more portions of Bitcoin than before.

Besides that, I can use that profit to buy something that I want so I just need to know the allocating of the money. I guess it is enough for me to enjoy the profit with 50% from the total of Bitcoin I have. While I can use my time to wait for the bear market to buy back.

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September 14, 2024, 02:20:42 PM
 #43

It has been said many times that should invest in bitcoin only a part of your money, not all of it, and certainly not borrowed or credited money. But what about when BTC reach ATH and you are ready to sell bitcoin, you should also sell only a part of BTC, not all of it. Do something like diversification. If something goes wrong in the future (bitcoin collapses or is banned), then “now” you will make a profit, and if bitcoin becomes much more expensive, then you will have a part of BTC left for this, and the current sale at a relatively low price will not affect your future profit.

Everyone has different ways they plan to go about their Bitcoin, some may choose to sell part of their Bitcoin when the price hit a certain level of ATH or an ATH they find convenient enough to sell part of their Bitcoin, some also have the mentality of selling all their Bitcoins when they achieve their peak of investment like someone who bought Bitcoin work $5000 when the price was $52k, they can decide to sell all when the price hits $300k and invest in real life assets they feel it will be profitable for them simply because they don't trust the future of Bitcoin as anything can happen at any interval of time. But it will not be wise for any investor to consider selling all their Bitcoins even at the peak of their investment, it's a very wrong investment mentality.

For me, if someone has a well paying job and has accumulated a huge amount of Bitcoins and the price approach their desired targets, they can decide to sell part of their holdings and keep it as a reserve funds if peradventure the price falls, they can use the reserve to buy at lower price and still continue to hold but if anyone should sell part of their holdings just because of diversification, let it be on assets that are worth it and not use it to invest in worthless or shit projects. However, even though we trust the future of Bitcoin so much but it doesn't mean that the future is certain so we should also have alternative means of investments while having most of our assets in Bitcoin.











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September 15, 2024, 08:07:38 PM
 #44


I don't want to borrow money from other people to buy Bitcoin and will trying to separate some amount and allocate that to buy Bitcoin. Borrowing money from other people will give me a problem because I am not sure I can give back the money to them.

It is not bad what you think, because although lending money to buy bitcoin is a good way to secure your future, since you have to have the ability to repay to do so, however, first is the reputation, and everything that has to do with the person to be able to Respond and not look bad in front of others , less with money, I see that the best thing is for the price to go up , there are always things that make us think that the price will continue to rise, the volume is one of those, if there is a sufficiently large volume, it should not be sold, the portion of bitcoin that you want to sell depends entirely on a very personal decision of each one.

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September 21, 2024, 07:46:31 AM
 #45

Probably everyone has their own goals, and to achieve them there must be a necessary amount, and this is what will determine how much and what part of the bitcoins will need to be sold. I am sure that people who are used to investing in Bitcoin are unlikely to be able to spend all their assets unless there are any emergencies, so even if Bitcoin reaches the expected price for certain investors, they will certainly not stop investing in it after that.

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September 21, 2024, 04:19:10 PM
 #46

Probably everyone has their own goals, and to achieve them there must be a necessary amount, and this is what will determine how much and what part of the bitcoins will need to be sold. I am sure that people who are used to investing in Bitcoin are unlikely to be able to spend all their assets unless there are any emergencies, so even if Bitcoin reaches the expected price for certain investors, they will certainly not stop investing in it after that.
Due to differences in investment plans and approaches, differences in the way they make decisions can be considered normal. Selling some or selling all bitcoin at a price that has reached the target is the realization of an investment plan, so we cannot blame who and how they did it. As long as it's good for them, I don't care if they want to sell 10%, 20% or 100% of their bitcoin. If it were about me, selling 100% at $100k is my plan so far, but I may change that plan if I see a bigger potential of a price increase.

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September 23, 2024, 09:54:39 AM
 #47

I don't want to borrow money from other people to buy Bitcoin and will trying to separate some amount and allocate that to buy Bitcoin. Borrowing money from other people will give me a problem because I am not sure I can give back the money to them.
It is not bad what you think, because although lending money to buy bitcoin is a good way to secure your future, since you have to have the ability to repay to do so, however, first is the reputation, and everything that has to do with the person to be able to Respond and not look bad in front of others , less with money, I see that the best thing is for the price to go up , there are always things that make us think that the price will continue to rise, the volume is one of those, if there is a sufficiently large volume, it should not be sold, the portion of bitcoin that you want to sell depends entirely on a very personal decision of each one.

I am getting the mirror of this from my friends who often borrow money from others but they are difficult to repay the money. That gives them a problem because they has been chased by the lender who want to get their money back. I don't want to have the same experienced as them so that is why I am not going to borrow money from others if I am not really in urgent situation.

Relating to the Bitcoin portion that I want to sell in the next bull run, I think that could be more than 50% from my total Bitcoin. If Bitcoin price can have more than $100,000 in the next bull run, that means a lot of money for me although I don't have many Bitcoins.

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September 23, 2024, 04:53:08 PM
 #48

It has been said many times that should invest in bitcoin only a part of your money, not all of it, and certainly not borrowed or credited money. But what about when BTC reach ATH and you are ready to sell bitcoin, you should also sell only a part of BTC, not all of it. Do something like diversification. If something goes wrong in the future (bitcoin collapses or is banned), then “now” you will make a profit, and if bitcoin becomes much more expensive, then you will have a part of BTC left for this, and the current sale at a relatively low price will not affect your future profit.

What part (in percent) of bitcoin that you have are you ready to sell “now” (at a favorable exchange rate for you or reaching ATH), and what part will you leave until better times?

P.S. Given the deflationary model of bitcoin, there can be no talk of a complete sale (of all available) of this asset.
Usually before I do spare some money to invest in bitcoin I do see it as money I can risk and I can also let go even though bitcoin is ban or crashes to something we can't bear about it it still something that I can lose because already that portion is what I had spared for the investment, and of course I will still hold even though bitcoin drops or increased if it does get to my investment plan, like the duration I wish to hold bitcoin I won't still sell rather would increase my portion of bitcoin to stand in a better chance of making huge profits within 12-20 years to come.

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September 23, 2024, 06:55:40 PM
 #49

In a profitable position, I can sell 100% of my bitcoins and make a profit.
For me this is a good investment practice especially when I don't have much capital in it. Holding some bitcoins may also be profitable, but in a profitable position, the best thing for me to consider is to sell everything and wait for a correction and invest again.

This method allows me to have more bitcoins rather than requiring me to add extra budget for accumulation, of course this is not a good investment approach for anyone who wants to hold bitcoins long term, especially if they want to keep bitcoins as an investment for their retirement.

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September 23, 2024, 07:22:48 PM
 #50

Quote
What portion of Bitcoin assets are you willing to sell?
To sell for fiat? Not that much, only if necessary. But when it comes to spending coins, and selling BTC for goods and services, then it is 100%, as every other coin, or anything valuable.

That's exactly how I feel and I've been holding for almost a decade now.

I see no reason to sell for fiat especially since I have some fiat stashed away and it's losing value every year. Why would I want a bigger stash? I'd rather buy physical gold if I really felt like selling bitcoin for another asset, or I'd buy some land in a nice area, like lake shore, or near the seaside.

Let's say we went to $80k next month. I'd probably think of something to buy for myself and my family like a new computer, maybe stuff I need for construction like a better fence, automated gate so I can open it remotely, things like that. I would maybe sell 0.5-1% of my coins. That's it.

If we continued upwards from there and reached 90k, I'd probably sell another 1% and spend it on travels. I'd go to some warm island for January or February and forget about Winter for a while.

What price would make me exchange more? $200k maybe? I don't need money that much but at that price 1 bitcoin could buy me a nice apartment or a small house. I could get that for my daughter so she has her own place waiting for her when she grows up.

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September 23, 2024, 08:17:28 PM
 #51

For me, I always thought that I would sell 50% of Bitcoin at the ATH and keep the remaining half in case Bitcoin continues to rise, because this peak will definitely not be the last.

So I think about selling 50% and keeping the rest, if the price falls again I will buy back from the bottom and wait for the rise again, and if it continues to rise I will sell 25% at the new peak and so on.

It certainly does not make sense to keep Bitcoin forever, there must come a day when we sell to make a profit, but this day varies according to the goal set by each person.

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September 25, 2024, 06:42:53 PM
 #52


I am getting the mirror of this from my friends who often borrow money from others but they are difficult to repay the money. That gives them a problem because they has been chased by the lender who want to get their money back. I don't want to have the same experienced as them so that is why I am not going to borrow money from others if I am not really in urgent situation.

Relating to the Bitcoin portion that I want to sell in the next bull run, I think that could be more than 50% from my total Bitcoin. If Bitcoin price can have more than $100,000 in the next bull run, that means a lot of money for me although I don't have many Bitcoins.

Without a doubt things are Always difficult when it comes to taking out loans and how they should be paid back, it is complicated, however, each of us knows what our Priorities are at a given moment and how it can be done when we have a good investment , 50% is a very personal decision when it reaches $100k, but remember something , I'm sure what will happen when it reaches the maximum prime of $20k, here I think that once it passes the $100k threshold Depending on the sales I think it will continue to grow in price , it will be great.

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September 26, 2024, 12:13:06 PM
 #53


P.S. Given the deflationary model of bitcoin, there can be no talk of a complete sale (of all available) of this asset.

Sometimes events in life lead us to non-standard decisions and conversations about what should be done or not simply lose their meaning. People sell everything to close this problem, and it would be very stupid not to take advantage of the opportunity to sell bitcoins instead of getting some credit.
Therefore, every person must define for himself the rules, based on which he will build his financial life. Smiley

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September 27, 2024, 12:56:10 PM
 #54

I think about selling 50% and keeping the rest, if the price falls again I will buy back from the bottom and wait for the rise again, and if it continues to rise I will sell 25% at the new peak and so on.
I may sell only 10% of my holding and I have no plan of buying back. The main reason for me deciding about selling is, diversification. Yeah, I feel like that I have more portion for bitcoin in my portfolio. Another reason would be I am planning up to set up a business which will lead me to early retirement from my day job. I wish to inherit my bitcoins to my kids hence I am careful like as small as 10% by end of next year.

It certainly does not make sense to keep Bitcoin forever, there must come a day when we sell to make a profit, but this day varies according to the goal set by each person.
There was an old meme like you never need to sell bitcoin as you can start using bitcoins. I believe into that and as of now, I am able to buy groceries for bitcoins and up to 40% of expenses can be carried out with direct bitcoin payment but sometimes bitcoin giftcards cost 10% costlier compared to what I could get by selling through P2P.

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