Post
Topic
Board Bitcoin Discussion
Re: At what point do you sell your Bitcoin forever, OR wait to buy back later ???
by
pepebcn
on 26/09/2022, 13:51:48 UTC
Never sell is the most bullshit thing I heard from crypto people because most of them that spouting that nonsense are those who just want quick profit and they are using that word for shilling purposes. We are all buying Bitcoin to invest and earn in the future so no one in the right mind who will not sell there holdings if they already have a good profit. They should just throwaway there private key if they really want to not sell.  Cheesy

The best way to do is to read the trend in longer time frame. Buy when there’s an obvious bear trend in longer time frame and vice versa. Don’t trade using short time frame because you will be just confused and panic to the price swings of Bitcoin.

Any opinion is respectable but qualifying mine as bullshit is completely disrespectful and in your case, it also denotes an alarming degree of ignorance. You haven't understood the half of it.
First of all, if you buy an asset like a house for the purpose of appreciation, you know that the price will rise in the long run, but there will be periods (even long ones) when the price will fall. This fact does not mean that you have to sell the properties and sell them continuously.
On the other hand, I understand that now it is difficult for you to understand that you need to sell to make a profit. In the future, it will be the most normal thing in the world. Use your Btc as collateral. Why sell 1 Btc and lose its revaluation forever, being able to use it as collateral for a loan in fiat currency that will devalue over time at relatively low interest?