How to Sell Bitcoin

With Bitcoin currently trading below 10000 dollar, there is very little technical support before 7500, where I first started warning people about the imminent demise of this particular crypto currency, and all crypto currencies in general.

Little did I know three months back that Bitcoin would more than double to 20000 before it eventually started its decline. However, there can be little doubt at this point that the bubble has burst, and that Bitcoin will in fact go to zero within the next decade.

This is a down turn with no end in sight. There may be a few ups along the way towards zero. But there is no point in trying to time this. Anyone in Bitcoin should get out as soon as possible, and from looking at Google trends, this appears to be happening. While the search phrase "buy Bitcoin" has fallen a lot from its peek. The search phrase "sell Bitcoin" is relatively flat.

Brass token pretending to be a store of value

By Steve Jurvetson - https://secure.flickr.com/photos/jurvetson/8410385932/in/photostream/, CC BY 2.0, Link