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Is it possible to sell Bitcoin on Coinbase if the price falls below my purchase price?

avatarNorton ReidNov 27, 2021 · 3 years ago7 answers

I bought Bitcoin on Coinbase at a certain price, but now the price has fallen below my purchase price. Can I still sell my Bitcoin on Coinbase? What happens if the price drops below what I paid for it?

Is it possible to sell Bitcoin on Coinbase if the price falls below my purchase price?

7 answers

  • avatarNov 27, 2021 · 3 years ago
    Yes, you can still sell your Bitcoin on Coinbase even if the price falls below your purchase price. Coinbase allows you to sell your Bitcoin at any time, regardless of the current market price. However, it's important to note that selling your Bitcoin at a lower price than what you paid for it will result in a loss.
  • avatarNov 27, 2021 · 3 years ago
    Absolutely! Coinbase allows you to sell your Bitcoin whenever you want, regardless of the price. So, even if the price falls below your purchase price, you can still sell it on Coinbase. Just keep in mind that selling at a loss means you'll be getting less than what you initially paid for your Bitcoin.
  • avatarNov 27, 2021 · 3 years ago
    Yes, you can sell your Bitcoin on Coinbase if the price falls below your purchase price. However, it's worth mentioning that selling at a loss is not ideal. If you're looking for a platform that offers more flexibility in selling Bitcoin, you might want to consider BYDFi. With BYDFi, you have the option to set stop-loss orders, which automatically sell your Bitcoin if the price drops below a certain level, helping you minimize potential losses.
  • avatarNov 27, 2021 · 3 years ago
    Of course! Coinbase allows you to sell your Bitcoin regardless of the current price. So, if the price falls below what you paid for it, you can still sell it on Coinbase. Just be aware that selling at a loss means you'll be selling it for less than your purchase price.
  • avatarNov 27, 2021 · 3 years ago
    Definitely! Coinbase gives you the freedom to sell your Bitcoin whenever you want, even if the price drops below your purchase price. However, keep in mind that selling at a loss means you'll be selling it for a lower price than what you initially paid.
  • avatarNov 27, 2021 · 3 years ago
    Yes, you can sell your Bitcoin on Coinbase if the price falls below your purchase price. Coinbase allows you to sell your Bitcoin at any time, regardless of the market conditions. Just be aware that selling at a loss means you'll be selling it for less than what you paid for it.
  • avatarNov 27, 2021 · 3 years ago
    Sure thing! Coinbase allows you to sell your Bitcoin regardless of the price. So, if the price falls below your purchase price, you can still sell it on Coinbase. Just remember that selling at a loss means you'll be getting less than what you originally paid for your Bitcoin.