Post
Topic
Board Bitcoin Discussion
Re: At what point do you sell your Bitcoin forever, OR wait to buy back later ???
by
Viscore
on 29/09/2022, 21:57:20 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.
Maybe never sell for now or with the given price from OP, but in the long run once bitcoin will create a bullish price breakthrough, everyone will be encourage to sell because that would bring obvious huge profits. For now, I sell myself wanting to hold more of my bitcoin as the price is still not impressive to sell, and accumulate more bitcoin whenever there are opportunities to buy again.