Re: Selling Bitcoin

I don't understand why other people will choose to sell even though they are aware that the price is still low. The only thing they are going to get are losses. Instead of selling due to fear of losing, it's always suggested to hold your bitcoin for a while, until the price go back up again.

One of the reasons of why that happens is that panic has taken over them, they are no longer thinking in a logical way, they are letting their emotions getting in the way and once you do that you have already lost control over yourself and your money, this is why one of the most common advices is to always control your emotions when you are trading or investing.

People sell there bitcoin becs. The stress level is already beyond control. They are afraid to lose that much and tend to panic.

Selling Bitcoin in a time when the prices are high is the best thing you can do to maximize your prices. Right now, the values are way down and what we need to do is to hold the coins because we had a small rise of few hundred dollars in the last few hours.

Besides, selling the Bitcoin even if it is earning you some profit right now is equivalent to depriving yourself of the profit that you might earn in the green market.

To sell bitcoin required a really mature strategy, because if you want to get a big profit, because if we do it with origin and careless then we will not get big profits and can we really lose, because the bitcoin values are often up and down with quickly without us being able to predict, and therefore we should do with careful thought and do not panic.