History has never been kind to Bitcoin sellers

[MarissaLopez]

Overtime History has affected Bitcoin value by a significant price fluctuations, market crashes resulting in a substantial loss for sellers and affecting their investments. Looking back at some historical events that occured back in time, most necessarily the Mt. Gox hack that happened around 2014 which med to a total decline for most Bitcoin holders and thus affected Bitcoin sellers during that time.

Meanwhile amidst all, the Bitcoin space has shown a wider proximity and strong commitment why it surpasses all of this challenges and still flourish regardless and why we need to hold. Hence it's a financial mistake and unwise to sell your assets like Bitcoin and go broke in the future.

[DubemIfedigbo001]

Overtime History has affected Bitcoin value by a significant price fluctuations, market crashes resulting in a substantial loss for sellers and affecting their investments. Looking back at some historical events that occured back in time, most necessarily the Mt. Gox hack that happened around 2014 which med to a total decline for most Bitcoin holders and thus affected Bitcoin sellers during that time.

Meanwhile amidst all, the Bitcoin space has shown a wider proximity and strong commitment why it surpasses all of this challenges and still flourish regardless and why we need to hold. Hence it's a financial mistake and unwise to sell your assets like Bitcoin and go broke in the future.

Not necessarily bitcoin sellers but investors who pursue short-term profits and those who indulge in panic sales and sell at a time that is not of their own choosing because of a lingering bad perception towards bitcoin. Bitcoin is good for the long term; we must pay less attention to the noises from the market or the fall of a centralized institution. The thing is that bitcoin is decentralized, and the beauty of decentralization is that the collapse of one holder or institution does not mean the end of bitcoin, bitcoin is propagated with a community driven approach, and selling when there is panic or FUD is only ending up acquiring losses and shooting yourself on the foot because bitcoin would always bounce back and perform better just as history indicates.

[Karl_3000]

Hence it's a financial mistake and unwise to sell your assets like Bitcoin and go broke in the future.

I am planning for bitcoin price fall so that I can buy but I can sell if I have like 3x gain just that I will only sell 2x gain and gold the rest. Bitcoin did increased in the past but people should avoid regretting what every happened and need to act good for the future. It is just this one life, not everyone will make it with bitcoin but I know if I hold some bitcoin I will not lose.

[Amphenomenon]

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Things are changing and will continue to change for thr better many of us are no longer moved by CEX falling and FUD like before.

Be careful not investing all your money on bitcoin and when the market is down you have no than to sell in loss even while being aware it will profit you HODLing in the long run. This is among reasons emergency funds are important.

Also, it's not bad to sell ones bitcoin. If you think it's time to take profit go for it and don't regret it when it surge so high years later and you then disappointed thinking of your past accumulation.
This is another reason why you should consider if taking profit is worth it at the time you do, keeping yourself in check.

[Shadiq]

This is now proven to be a major regret for Bitcoin sellers. The main reason for this is that its value continues to increase in the long term. Whether you are a long-term investor or a short-term investor, you may regret selling Bitcoin someday after selling.
But does that mean you should just keep buying Bitcoin? No, it will never be a good move and will not be profitable. Because to profit from Bitcoin, you will have to sell it someday. Make sure that it does not become the entire part of your holding. First, keep accumulating Bitcoin to achieve your goal and accumulate enough Bitcoin. Then, when the goal is achieved, take the profit from there or sell part of it and enjoy it and leave the rest for your successors.

[Orpichukwu]

Meanwhile amidst all, the Bitcoin space has shown a wider proximity and strong commitment why it surpasses all of this challenges and still flourish regardless and why we need to hold. Hence it's a financial mistake and unwise to sell your assets like Bitcoin and go broke in the future.

My question is, when exactly is the right time to sell bitcoin, if I may ask? And when is the future we are all talking about right now? Bitcoin price will keep on going higher and higher; there is no peak for it, and there is no limit to where it cannot pass.

Today's ATH will be tomorrow's low level and missed opportunity. I will go with the idea that if your bitcoin holding is the only option you have to solve your problem, please sell and solve your issue. If you have more money in the term to come, you can always replace it unless there is no important thing to use that fund to do with it; then we can hold for as long as we can.

[justinlamode]

Selling is never a bad thing because Bitcoin was created to be a medium of exchange so I don't demonize selling and I also enjoin others not to make selling look anti-Bitcoin. However, what I consider bad is for someone to be in this forum yet have no Bitcoin in his wallet, it will be a crime against self, something you will not be able to forgive yourself in the future. In other words, you can sell Bitcoin but ensure you don't run out of Bitcoin and while selling, ensure you save as much as possible so that in the future you will be happy to benefit from the what holding offers such as high profits.

[Africolo]

Overtime History has affected Bitcoin value by a significant price fluctuations, market crashes resulting in a substantial loss for sellers and affecting their investments. Looking back at some historical events that occured back in time, most necessarily the Mt. Gox hack that happened around 2014 which med to a total decline for most Bitcoin holders and thus affected Bitcoin sellers during that time.

Meanwhile amidst all, the Bitcoin space has shown a wider proximity and strong commitment why it surpasses all of this challenges and still flourish regardless and why we need to hold. Hence it's a financial mistake and unwise to sell your assets like Bitcoin and go broke in the future.

Without people selling, how is the system going to function very well if everyone chose to not to sell ? And how are poeple going to buy if no one is willing to sell?

It is unwise to have stack of Bitcoin in your wallet and go hungry, you have to sell at some point that's what savings are for, not for decoration purposes.

[Churchillvv]

History doesn’t not discuss unsuccessful people, hence it had only shown to us that it’s very much important to see the future of whatever you chose to go into than being temporary, the time of Mt. Gox hack bitcoin was only speculated to be a bubble and once the hack happened the gullible investors concluded it was the bubble burst in action and in Nigeria if the few who as in was to maintain there stand they will probably had something else as investment hence, it’s unfortunate that we discuss it as a flaw to those who sell but never consider what would be the presumption at moment and how hard it was to male up their mind to stay in course even when they saw the red candles.

[Smartvirus]

Meanwhile amidst all, the Bitcoin space has shown a wider proximity and strong commitment why it surpasses all of this challenges and still flourish regardless and why we need to hold. Hence it's a financial mistake and unwise to sell your assets like Bitcoin and go broke in the future.

No be lie you talk o, na true say, people way sell at some point in the past Dey always look back to such times like them make mistake and never for sell their Bitcoins. The question you go always ask yourself be say, you been get another option to use solve the matter way hook you for neck way con make you sell your Bitcoin that time? The answer you give na em go really determine if you suppose regret or not.
Another thing here be say, you way Dey try accumulate and you no be miner, where you wan get am from kwanu ? People need sell for you to buy o, na so e just be.

[Mr_Brilliant$]

Bruh real line, because if you look back at the whole thing you will see the same story repeating, people will sell, feel smart for a while, then watch the price explode and regret it… Bitcoin does not really fully reward those who follow it IK a short run, it mostly favors the ones who can stay calm and ignore the noise…   Selling always feels like a safe move when things look shaky, but history keeps proving that the bigger wins come to those who simply
held through the every thing..

TBH, this whole Bitcoin thing is simply a patience game.. The ones who hold long enough end up being the example everyone points to later, while the sellers just end up with a what if story… That is why people say conviction matters more than timing, because no matter how good your exit looks today, the future chart usually makes it look like you sold cheap…

[fredericktaylor]

This is now proven to be a major regret for Bitcoin sellers. The main reason for this is that its value continues to increase in the long term. Whether you are a long-term investor or a short-term investor, you may regret selling Bitcoin someday after selling.
But does that mean you should just keep buying Bitcoin? No, it will never be a good move and will not be profitable. Because to profit from Bitcoin, you will have to sell it someday. Make sure that it does not become the entire part of your holding. First, keep accumulating Bitcoin to achieve your goal and accumulate enough Bitcoin. Then, when the goal is achieved, take the profit from there or sell part of it and enjoy it and leave the rest for your successors.

Right, By selling Bitcoin, sellers will have to regret it at some point because its value continues to increase in the long term. In the beginning, many people had a lot of Bitcoin but they did not evaluate it properly then and today they have nothing but regret. Therefore, we have to collect Bitcoin with a long-term plan and wait patiently for the right time, through which long-term good results can be expected from Bitcoin.

[Tonimez]

Overtime History has affected Bitcoin value by a significant price fluctuations, market crashes resulting in a substantial loss for sellers and affecting their investments. Looking back at some historical events that occured back in time, most necessarily the Mt. Gox hack that happened around 2014 which med to a total decline for most Bitcoin holders and thus affected Bitcoin sellers during that time.

Meanwhile amidst all, the Bitcoin space has shown a wider proximity and strong commitment why it surpasses all of this challenges and still flourish regardless and why we need to hold. Hence it's a financial mistake and unwise to sell your assets like Bitcoin and go broke in the future.

The Mt Gox era is what I can refer as the stone era of bitcoin and thanks goodness bitcoin survived the 2014 hack. This company operated only between 2010 to 2014 and closed after being accused of theft of million dollars worth of bitcoin, being the bitcoin exchange used by many bitcoin traders then.

However this proves the strength of bitcoin after surviving that era and maintaining its positive trend later on. Selling your bitcoin at anytime exposes you to running at loss or going poor later. This is because even as bitcoin is volatile, it still has records of maintaining a cumulative increase in price over time.



This chart shows how positive bitcoin has been overtime in history.  Bitcoin first experienced it's worst decline in history during the 2014 hack before later regaining itself back 4 years later setting an all time high which was unbelievable as at that time. This has been the way of bitcoin, the hope in bitcoin and the future is high and it not what anyone would like to risk for something less. No matter how tempting bitcoin price seems to be today, holding it a little longer would still pay off better. The closing price of bitcoin in 2024 was tempting too at over $76k which was even an ATH as at then before it finally crossed the $109k ATH in January this year. This has been the trend, we have recorded an all time high of $124k on the 14th of this August. Even though the price is declining, holding your bitcoin is still the best option.

As an investor, your plan should be holding for at least 4 to 10 years and this does not mean that you must have to sell off after the period because the longer you hold, the better chances you have to make more gains in bitcoin.

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Things are changing and will continue to change for thr better many of us are no longer moved by CEX falling and FUD like before.

Be careful not investing all your money on bitcoin and when the market is down you have no than to sell in loss even while being aware it will profit you HODLing in the long run. This is among reasons emergency funds are important.

Also, it's not bad to sell ones bitcoin. If you think it's time to take profit go for it and don't regret it when it surge so high years later and you then disappointed thinking of your past accumulation.
This is another reason why you should consider if taking profit is worth it at the time you do, keeping yourself in check.

You're very right. It's not just about taking profit, it's about taking a calculated taking of profit of which you may be caught in the web. Bitcoin is volatile and no one can determine the new prices at any point. You may sell off today thinking you are taking profit, just to run a loss in the next moment when price goes higher than you have sold your bitcoin. I would suggest that as long as you don't have any serious need to sell your bitcoin, then don't sell. And if you must sell, try not to sell all your bitcoin at a time, and always buy whenever you have some discretionary income.

[Obim34]

Right, By selling Bitcoin, sellers will have to regret it at some point because its value continues to increase in the long term. In the beginning, many people had a lot of Bitcoin but they did not evaluate it properly then and today they have nothing but regret. Therefore, we have to collect Bitcoin with a long-term plan and wait patiently for the right time, through which long-term good results can be expected from Bitcoin.

Whenever you plan to sell, just know after you sell there will be more future price better than the price you sold for. Every investor must have a budget during investment and a timeline of when they plan to sell, until you meet the appropriate ATH that fits your selling price  regardless of the market sentiments you don't have to sell.

On a long note, selling isn't bad the only time we maybe against selling is when it is sold too early or cause of panic due to volatility. I will expect investors who has held Bitcoin for more than 5 years upwards to sell part of his portfolio, it isn't something to regret.

[Donneski]

Op, I read all you said and I  agree that selling too early has hurt many people in the past but at the same time, I don’t think it’s always a “mistake” to sell Bitcoin. Some people sell because they need liquidity for real life needs and in those cases, selling off their BTC assets are completely normal if you ask me. Again, we should also not forget that using Bitcoin for spending is actually one of the core reasons Satoshi created it in the first place. Bitcoin wasn't just created as a store of value but as a peer-to-peer digital currency.

In my personal opinion, I think where the huge mistake that comes with regret is when selling is done out of fear or panic. If you have a long-term plan and conviction, holding is the smartest move. However, if you sell without strategy, that’s when history becomes unkind.

[Asiska02]

Meanwhile amidst all, the Bitcoin space has shown a wider proximity and strong commitment why it surpasses all of this challenges and still flourish regardless and why we need to hold. Hence it's a financial mistake and unwise to sell your assets like Bitcoin and go broke in the future.

It is a financial mistake if you sell your bitcoin because of the fear of losing the value of the money in the future, but not a financial mistake if you’ve sold it for a most urgent needs that you didn’t have any other source to get from and only from your Bitcoin investment. The purpose of investment is to profit from it, but Bitcoin came with a more efficient way to keep earning from this investment. During bearish cycle, invest as much as you can so that during the bull run, you can take some partial profits and when the bear season comes again, you’ll invest more. This analogy is made like this because bitcoin investment shows all signs of keep increasing in the future to come from now.

[Proty]

Overtime History has affected Bitcoin value by a significant price fluctuations, market crashes resulting in a substantial loss for sellers and affecting their investments. Looking back at some historical events that occured back in time, most necessarily the Mt. Gox hack that happened around 2014 which med to a total decline for most Bitcoin holders and thus affected Bitcoin sellers during that time.

Meanwhile amidst all, the Bitcoin space has shown a wider proximity and strong commitment why it surpasses all of this challenges and still flourish regardless and why we need to hold. Hence it's a financial mistake and unwise to sell your assets like Bitcoin and go broke in the future.

I believe it should be a financial mistake to sell bitcoin when we are still in the accumulation stage . So selling our bitcoin when we have gotten to the point were our portfolio is in good position isn't really a bad idea. It traders that mostly sell at loss and not long term investors  since traders are mostly in for short term profit thereby exposing there assets to a great much risk. Long term holders are rarely affected by market volatility so to avoid in the impact of market volatility we should always prioritise long term investment over short term investment.

[Stormisover]

Meanwhile amidst all, the Bitcoin space has shown a wider proximity and strong commitment why it surpasses all of this challenges and still flourish regardless and why we need to hold. Hence it's a financial mistake and unwise to sell your assets like Bitcoin and go broke in the future.

My question is, when exactly is the right time to sell bitcoin, if I may ask? And when is the future we are all talking about right now? Bitcoin price will keep on going higher and higher; there is no peak for it, and there is no limit to where it cannot pass.

Today's ATH will be tomorrow's low level and missed opportunity. I will go with the idea that if your bitcoin holding is the only option you have to solve your problem, please sell and solve your issue. If you have more money in the term to come, you can always replace it unless there is no important thing to use that fund to do with it; then we can hold for as long as we can.

So do you think that there are people that are not selling Bitcoin for no good reason? No offense I still believe that there are those selling Bitcoin for no good reason, maybe only for a fewer dollars profits when they sees one, evidently the potential of Bitcoin depends on a long term and the size of Bitcoin held over times. I agree with you that if other options has been exhausted to solve a vital issues and selling your Bitcoin is the only way them selling it worth it but your Bitcoin shouldn't be the first place for anyone to run to that is the major point I see that is wrong and we should always set an environment where running to our Bitcoin investment will not be the first place to go to in solving our problem, it is true that people can sell their Bitcoin so many other reasons.

[Ever-young]

Overtime History has affected Bitcoin value by a significant price fluctuations, market crashes resulting in a substantial loss for sellers and affecting their investments. Looking back at some historical events that occured back in time, most necessarily the Mt. Gox hack that happened around 2014 which med to a total decline for most Bitcoin holders and thus affected Bitcoin sellers during that time.

The Mt. Gox and other incidence were indeed a major setback for Bitcoin, but the truth is that, even with all those challenges and setbacks, Bitcoin has always shown a strong resilience and has continued to grow even more popular by the day. Many investors, especially those that are relatively new to Bitcoin has lessened from past experiences and many of them have also adapted their strategies which has helped them effectively navigate the market's temporary fluctuations.
The key is understanding the potential risks and rewards that comes with Investing in Bitcoin as this will help you make better choices as an investor.

[Ndabagi01]

Meanwhile amidst all, the Bitcoin space has shown a wider proximity and strong commitment why it surpasses all of this challenges and still flourish regardless and why we need to hold. Hence it's a financial mistake and unwise to sell your assets like Bitcoin and go broke in the future.

Bitcoin has really shown the best of performance you can think of an asset in such a very short period of time since its inception when compared to other cryptocurrencies. Bitcoin is a very volatile asset but yet has promised to be a very profitable investment to invest into for the long term. Selling all of your bitcoin at every given chance is not the ideal way, but partially selling them is the best thing to do. You may never get the chance to add to your holdings but when you have some left, there is always a chance that you’ll want to add more to be on the better side of profitability. Bitcoin is not an asset one should sell all, sell partially and when there is another chance to invest more, take your time and invest as much as you can again.

Today's ATH will be tomorrow's low level and missed opportunity. I will go with the idea that if your bitcoin holding is the only option you have to solve your problem, please sell and solve your issue. If you have more money in the term to come, you can always replace it unless there is no important thing to use that fund to do with it; then we can hold for as long as we can.

Bitcoin investment dey very simple and e no require to do somethings wey complex but if you no sabi how to keep am, you go make big mistake for the thing. One thing I know with Bitcoin be say, if you get way to not sell all, no sell am all and keep adding to your portfolio even as you dey take profit. Since we don already know say bitcoin na investment wey go dey increase always, not selling all go be the best option for person for longevity of it.