Post
Topic
Board Bitcoin Discussion
Re: Had you sold your Bitcoins ?
by
Serious475
on 03/02/2021, 10:35:39 UTC
I already sold out all my Bitcoins, and other crypto.

I don't want to risk. i would buy Bitcoin again when it visits $6000 again, maybe next year.

What about you?
10 Signs It's Time to Sell Your Bitcoin

You have achieved your goal!
You need to sell it for more than you purchased it for, following one of the fundamental principles of trading, in order to make a successful purchase. When the Bitcoin price increased to the highest point after you agreed to buy Bitcoin, it's called your time high, it's your moment to sell. The best decision is to set a target, if you consider selling if the price hits a certain time high. You can also set up stop loss alerts for most digital currency exchanges so that you always know when your investment has met your target.

You still don't know what Bitcoin is.
Your friend, kid, colleague, and neighbor told you that bitcoin is a better investment than any other concept, but you still don't know what it's like? Each time you try to understand the blockchain, do you get a headache? Even for a short-term investment, if the crypto market is too difficult to manage, then it may be time to sell. There's no point in hanging on if you can't see the high time coming.

You're having anxiety over your investment.
There are plenty of reasons why individuals are curious about Bitcoin. Often cryptocurrency charts look like the creative toddler who brought his crayons to your house's wall. Prices rise, jump down, and there are almost random shifts. These ups and downs can be a source of some serious anxiety, because when you wake up in the morning, you never know how much your assets are going to be worth. If you traded at the correct time highs or if you should have waited a day longer, if you could have gotten a better Bitcoin price, you would continue to ponder. Then you panic, and you sell all out of frustration. Cryptocurrency trading is not for the faint-hearted, and maybe it's a sign it's time to sell your Bitcoin if these situations sound familiar. No potential bitcoin, term equity, or digital currency is worth that much fear.

The grass is greener somewhere else.
Are you on a mission that really talked to you and you want to get in? Is it an investment in a brand new term? Sail off! We need to bring our cash with savings, where we think there is a strong chance (within the realm of reason, of course). There are several startups searching for investors and ICOs who are promising amazing ventures, so you can find your Bitcoin somewhere else.Oh, who knows? It could be an investment in a better term than future bitcoin! The only important thing is to ensure that you do your due diligence; examine the potential for your investment, learn more about the founders, the market, the product, and so on. Often, behind fake ventures, there are malicious actors just waiting for you to send them your option of digital currency so they can cheat you. Don't let that happen.

All your money is in Bitcoin.
There is a fact that can not be denied: it is a risky investment for cryptocurrencies. If it will turn out to be the greatest bubble of all time or a massive gamble, we do not tell at this stage, and the market still shows tremendous volatility in the overall price of cryptography. All of your Bitcoin savings could mean $100 one day and $50 the next day. You don't know when a high time hits the price of Bitcoin. This is extremely risky, even in the short term, and a poor investment option. Diversify your portfolio, take it as a hint that it's time to sell and get out of those exchanges with your Bitcoin. Only hold as much as you can afford to lose in crypto, because if you don't ask, "Is Bitcoin going to fail?" you may end up broke.

You need something more than Bitcoin.
There can be tiring events for our wallets in everybody's life. Bitcoin might be an outstanding investment, or just a bubble. There are definitely more significant incidents in existence than those on Bitcoin exchanges. If you just need some cash and not a Cuban vacation for a critical event in your life, then sell your Bitcoin, particularly if you've still made long-term profits from it.

You have all the coin, and none of the care.
And you no longer even know the price of Bitcoin? Attention is the secret to handling crypto-currencies. With technological advances, hacks, inventions and legislation around each corner, the high volatility of the crypto industry means that the market is constantly evolving. Only to know that your Bitcoin assets have fallen to below sea level, you don't want to wake up one day. The only way to keep your long-term investment a smart option is to keep up with the market constantly. If you are not able to spend a bit of your time studying cryptography in the long term and every day, it may be best not to do it at all. Take it as a hint that it is time to sell your crypto, and find some other investment that you are more involved in keeping track of in the long or short term.

You're waiting for divine intervention to tell you it's time to sell your Bitcoin.
There is no right time to sell Bitcoin internationally, because no one can tell you exactly when to sell. If everybody started selling, the price would fall, and your investment would fall in the next moment. This is how the market works. In digital currency trading, to know that your investment has reached the highest potential price, you have to rely on your talent, trading experience, market intelligence, and some luck. So if the price has reached a high time, you have researched the market and rationally judged it to be the best possible price, selling your Bitcoin is a warning!

So far, there has been no benefit to you.
You were truly trying. You've learned what crypto is, set targets, traded, made investments in terms, and yet you're still far from where you want to be. The high time just never comes when you think it will, and when the Bitcoin price is right, you miss out. Cryptocurrency trading isn't for everybody, and even the most professional traders can be fooled by the immense uncertainty. If you still haven't achieved your short or long-term investment goals from trading Bitcoin after a while, or you might even have made your wallet thinner, then it might be time to reach the exchange and search for other possibilities.

You don't believe you can fly.
Ultimately, if you do not believe in the crypto market anymore, it is time to sell your Bitcoin. You tried to grasp it, looking at the rise of cryptocurrencies in time, avoided fear, but essentially, this is still an opportunity for investment that is not for you. Better still, you've hit your long-term profit goal, you're able to pay off your mortgage and vacation in Cuba, and you really have nothing more to do with it. This is the last indication that it's time for your Bitcoin to sell. Say farewell, and we hope the digital currency trip has been enjoyed!