Post
Topic
Board Bitcoin Discussion
Re: This is why I sold my 0.67 BTC!!
by
FanatMonet
on 07/04/2020, 12:09:26 UTC
That is understandable because there are a lot of people who need the money fot sustenance right now. You should buy when the price goes lower so you can have a profit.
but I quite doubt the price will be lower, or under the price of $ 5000. but I think he sells the bitcoin he has in the $ 6k range, and that might be good enough. to be honest, the bitcoin he has is more than my assets, but if I were him, I would not sell all the assets that I have. Well, maybe a few percents is enough, and I might do it gradually.
In some situations, you have to sell a lot and immediately, no one can guarantee you that you can sell a little every day. Anything can intervene, you can get sick, even if it is not a coronavirus, then this is an additional cost, or some other significant situation.