Have you sold Bitcoin this month?

[neku]

This month bitcoin prices reached close to $100 K. Have members of this forum holding Bitcoin sold any percentage of their bitcoin, or do they plan to hold their bitcoin later?

 

[riberet19]

The price of Bitcoin has not yet surpassed 100k, but it has been close, I have sold some bitcoin this month, but not much.

 

[Augusta]

I had little of BTC so I haven't sold mine. I have been selling more of my ltc . Trying to hold the BTC for a while

 

[Suba]

I have sold/swapped Bitcoin to USDC at $90k, only 10% of my Bitcoin portfolio value, currently Bitcoin price has exceeded $100k and I will return the 20% swap when Bitcoin hits $120k.

 

[neku]

Can you explain how the Bitcoin /USDC swap is working, how do you start it, and how profitable or risky it is? Why do you prefer USDC for swapping instead of USDT?

 

[Suba]

The swap process is the same on every wallet and exchange even on microwallets like Faucetpay, we just need to click the swap feature, and enter the crypto that we will swap for example from Btc to USDC. Of course the risk is that we can lose or profit like in my case, exchanging Btc to USDC at a price of $ 90k but the price of Btc continues to rise above $ 100k means I lose, so I only swap 10%, but if the price drops it means I make a profit for example to $ 80k, when I buy back BTC, I will get more Btc.

 

[eLdavis]

I do not have Bitcoin, so I have not sold any this month. I don't have any plans of making buying Bitcoin right now though.