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What They're NOT Telling You About Bitcoin - Gareth Soloway UpdateYou should sell Bitcoin when you need the money. Bitcoin can be an excellent investment, but it will do nothing to help you pay your bills in the present. Also. There are no firm rules on when you shouldn't sell crypto. The most important thing to remember here is that you shouldn't panic-sell because the price has. If you've owned your Bitcoin for 12 months or less, you'll need to pay the higher short-term capital gain tax rate. If you've owned your Bitcoin for more than.