It Is The Worst Time To Sell Bitcoin

The crypto community is in disarray. While bitcoin holders do not care about the current situation in the market and continue DCA buying, other investors who are not interested in holding their coins for a long time are panicking. Many traders lost everything by leveraging their bullish positions over the last quarter during which the crypto market lost over 60% of its value.

If you are holding Bitcoin now and purchased it during winter when it reached a new high, you should not even think about selling now. If you have financial troubles and need cash, there is nothing you can do but liquidate some of your holdings. However, if you can survive without the money that you invested in BTC, selling now would be not a good move.

The recent CNBC interview with Charles Armstrong, the CEO of Coinbase, indicates that many exchanges do not expect any reversals of the trend within the next 18 months. These companies are preparing for a very long and exhausting crypto winter that may dramatically reduce the potential earnings that any crypto enthusiasts and BTC hodlers expect.

At the same time, experts do not expect BTC to fall by more than 20% of its current value meaning that you can hold your coins (if your positions are not leveraged) and sell them in 2 years after the market recovers. While not the most optimal solution, it is still a good way to get back the value that you lost due to the downtrend across the whole economy.

The recession and limited investment opportunities make it a very questionable decision to simply liquidate your crypto assets to diversify in other domains. We do not have a reliable investment destination for now. It doesn’t seem that real estate, gold, and other traditional securities will be more efficient and safe compared to crypto giants like BTC and ETH.

Now is the worst time to sell your coins, so buckle up and prepare for a very long ride with many ups and downs. Whether you want it or not, you are among hodlers for at least two years.


Tokenhell.com produces top quality content exposure for cryptocurrency and blockchain companies and startups. We have provided brand exposure for thousands of companies to date and you can be one of them too! All of our clients appreciate our value / pricing ratio. Contact us if you have any questions: info@tokenhell.com. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Source