Post
Topic
Board Bitcoin Discussion
Re: HODL, HODL, HODL when can one actually sell Bitcoin?
by
virasog
on 19/11/2021, 10:14:46 UTC
Currently the price is declining, if you're going to sell at this point it will look like you're afraid of further dip. Why not selling when the price is above $60k?


This is the psychological aspect of human nature. We do not sell at higher prices because we think that prices are going up and they could go more in upward direction. When prices are down, we want to sell quickly because we fear that prices can decline further. We need to work out and change this behavior if we need to be successful in trading.