Bitcoin Forum

Hello , I have about 3 months only working with bitcoin and i've only gathered some of it from freelance work and signature campaigne.
It's like 100$ every month or more . Is it beneficial for me to sell those amounts and just live with them. or should i hold although they are small amounts.
I've been told that small amounts like that won't make any diffrence if u held them,so i might just as well sell.
Is anyone in the same situation as me ? and what are you planning to do with you satoshi.

If you need money or you're interested in buying some altcoin, sell. If not, just hold.

Hold, or occasionally exchange bitcoin for other coins such as ether. Those amounts will add up though.

i have a very limited knowledge about altcoins . i would like to make more money trading. but i think it's just too risky for me.

I would say you can't make profit while holding your bitcoins since the amount is very small to make decent profit. If you need money then cash it all out or if you want to invest then try altcoins since altcoins are good to make some profit with small amounts. You need to buy cheap altcoins and hold it for few months but before you invest you should do some research about it otherwise you'll end up loosing your hard earned money. Good luck

Well I mean, everything in Bitcoin and the cryptocurrency market is going to be insanely risky. That's just the nature of the beast when it comes to Bitcoin. The way I see it, it's pretty much like you took penny stocks and took the craziest movers in the penny stock category. From there then you went ahead and just picked a couple -- that is cryptocurrency.

So if you don't want to expose yourself to that risk, then sell.

thank you for your advise Guys. Now it's clear more to me and trading is worth to put the time and effort in . I will do my best in it and see where it gets me .

Those small amount that seems not to make any difference could turn out to matter in few years to come. If you have other means of living, then I would suggest you keep and gradually it becomes something that could get you financial stability fast.

Sometimes not too long ago, when people are being paid .1btc to wear a signature for a week and it could even been lower than $100 you are making reference to today but that same amount someone could have just amounted to waste of time is over $1000 today. So, keep because of tomorrow.

It all depends on your plan. Do you want to trade, or hold and sell off after appreciation? If the earlier position your intention then you have to sell off now that Bitcoin has made a new high and wait for the correction price and reenter to buy again at a lower price and ride through to the next new high.

You'r completly right ,that's the exact reason that is making me doubt my decision of selling or trading with that bitcoin. If bitcoin did rise more than it already is, which seems insane to me right now. i would defenitly make a good fianancial situation for mylife. But it scares me how all those governements are doing their best to figh cryptocurrencie. I'm afraid if they are able to ruin those opportunities for us.

$100 a month? It is not a lot of money to hold, you need bitcoin to go upto $100 thousand dollars in order to make them look like a considerable amount of money.

No, if you need that money to make your own living, then why would you hold that money? it is probably what you need to buy food or any other kind of stuff.

But if it would be $500 or a higher amount, i would definitely hold it for a few months, we dont know if tomorrow we would wake up and see the price over $20k.

So yes, in your situation, i would be going for a 50%-50% about your decision, but probably, i would sell.

For now I don't need money for food or any living essentials. Just for clothes and other flashy stuff . my goal is to reach that 500$ but it's harder ,as the price of bitcoin is constently going up . i would invest but i'm a student in the university and you could only imagine my fianancial situation.

It depends upon the price and the level of satisfaction of the person .If you think that the price is too low means if it has dropped down to the price lower than cost price (the price at which you bought your coin's) then you should definitely hold your coins,otherwise investing in it will not be useful.If you are satisfied with the amount of profits you will earn by selling your BTC's at the current price then sell them otherwise hold them.I advice you to Hold your coin's until you really need them  because it has a bright and positive future and will rise even more .So hold them in order to get more profits.

If you are working hard to solve your daily expenses, I think you are not in the condition of holding your bitcoins for a long time, because there are priorities in life and one of them is to cover your basic expenses and that of your family. But fortunately the world of the altcoins is so generous in economic terms, that if you keep looking for alternative income in this market, no doubt in the medium term you will have the possibility to fulfill your duties and separate a part of your income to start holding bitcoins.

It is a very good thing to seek for an advice in a situation like this, but it is left for you to still decide on what to do at the end of the advice. When you critically look at it $100 may seem small to you and many,but you can not actually say what tomorrow may be, the situation you are is what determine if you will sell the bitcoin or if  you will be able to raise such an amount or if you invest it  into another business will it be able to yield higher amount, and if the pressing need is so serious that there is no other way save the bitcoin, then you can go ahead and sell the Bitcoin. But if there is a way out, leaving it would have been the best option, for it will surprise you what it will become in the future.

Indeed, the decision whether you will be holding or selling your bitcoin depends on your needs. We all want to save bitcoin but sometimes priorities must come first and this include family and personal needs. If you know that your family is in need of money, could you just stay silent that you have money? Other example is, personal needs like school expenses. As a student who is financially supporting myself, it will be very hard for me to keep holding my bitcoin especially if I don't have anything to eat anymore.

If you dont need extra money in your everyday life than hold your bitcoin in wallet, it doesn't matter what amount. Most people do freelancing for bitcoin to have an extra income in their life but if you dont really need it the keep it in wallet until that 100$ will become 5000$ so you can buy a car.

Yeah, 100$ looks like a very small amount at the beginning, but after 1 years you get 1000$ plus that the price of bitcoin grows with 50% and you get 1500$ wich is not such a small amount because you can take a vacation at the end of the year with those money. So it really depends on you to decide what you want to do with the bitcoin you are earning.

If you are living with it that way, you just have to sell it in order to sustain your needs. But as a freelancer you must have some other source of income as well.

And it's always been the best thing that you have some bitcoins on hold so you will not be left alone when the price is moving dramatically.

Whether you hold small or big amount it's a good factor to satisfy yourself for your own future.

i think it is more advisable for you to hold and if possible, invest more amount of Bitcoin. Its market value is indeed high at this moment so it is still okay to sell especially if you are already satisgied with its value. But since it is expected to be more expensive on the next years to come, it will be advantageous to hold.

It is really hard to tell with such number of altcoins, what will suceed and what not.. bitcoin growths is too much IMO today it could go down but longterm it will go up

If you want to daily trade with bitcoin then you sell it.or if you want to more profits from bitcoin then you hold it.

I would recommend holding on to the coins as the amounts are relatively so small that unless you desperately need the money right now they won't really make a dent in your finances. Just imagine you were acquiring $100 worth of Bitcoin 5 years ago when it was around $10. Right now those 10 BTC would be worth $100,000. Who know what it will be in 5 more years, even if it goes up to only $100,000 your $100 worth would be then worth $1,000.

If you're in profit then sell! but if you don't need the money yet then hold it for long term. stick to the rule that we holders has a plan for our future. money is everything and we should hold it more longer.

If you invest in some good project then you might as well hold it but if you have invested in some shitty project or did the bounty of any shitty project then no need to hang on to that token or coin just sell them and invest in other good projects.

Of course it'd be wise to know what others think about this.. but in the end just make ur own decision. I'm sorry but i just think you should trust your own instincts. No one knows what u need better than you.

Keep holding man. Unless you need it in case of an emergency in real life (like buying food or clothes, essential items), i would recommend you to keep holding so you can cash out a few years down the road for much more than what you'd get right now.

Let us know what decision you took afterwards :)

There is no problem in holding. Because it has always great outcome if we just have great patient. Well in selling if you think the price is enough or high, then its ok to sell, just be wise, higher price is better than low.

That really depends on you,  if you feel that you have accrued enough profits from the time that you started investing into bitcoins then I believe that you should sell but if you feel that there is more profits to be earned then the wise thing to do is to hold and even buy more if yoy can afford to.

If I were you, I would hold and try to somehow increase that income. However if you are struggling financially you might want to invest into something else until the market settles and you know where you stand with your investments.

I'm advising people that if they need the money, sell and convert to fiat. But if they do not need it yet, just hodl. That's just a basic rule for it. But it is important to hodl. Because big profit will come to you.

Think about this my friend... tell me anyone who bought Bitcoin in the past few years other than the past month and they held and did they lose money? I don't think so. No one who ever bought and held Bitcoin has ever lost money. So to answer your question quite directly, it is advisable to only buy and hold Bitcoin, not to sell it, EVER!!!

Honestly I think everyone with any common sense is going to tell you not to sell, because if you look at the price it is going ridiculously high and we are bound for a crash at any time. The prices cimply cannot rise that much higher for so long and we expect it to continue, eventually it will crash, it is inevitable, most certainly.

If you just hold your bitcoin in wallet, you can't earn some profits in short-term. I suggest you to try buy altcoin with the cheap price. And than hold your altcoin minimum 2months, that's sure you can earn some profits than you just hold bitcoin. But first, please learn more about what altcoin can give you some profits.

I will sell at such a profitable price and then buy again after few months when the price drops, it will drop soon and then one can buy to gain more profit on its investment.

Hold better bitcoin will have next good year at 2018. bitcoin price was about 500 dollar in 2016 and 700 dollar in 2017 and then bitcoin price go from that price to about 19000 dollar. and bitcoin price can do it again at 2018 or 2019
if you change it only will get few money, bitcoin will give you more and more money and you can buy more and more bitcoin using that money and bw happy
bitcoin will give you what you want

I think it depends on your current situation. If you earn bitcoin for a living, it is okay for you to sell your earnings in bitcoin even though its amount is small. But if your reason why you earn bitcoin is for your future life, it is better for you to hold your bitcoin until its price already satisfies you or enough for you to retire and reach all of your dreams in life with the help of bitcoin. Sometimes, patience is the key for success.

It's nearly impossible to time the market. I always recommend buying and holding and have set cash-out point / redistribution of assets at predetermined price points. We are in an upswing now, but that may not always continue.

For me it is better to hold it, because I believe that If you collect or gather that small amount will become a big amount.

If you have some important to buy or you need to buy then sell it or cash it out,,

Or If you want, hold the half of your BTC then the half you will use it for something that you needed.

Its totally a wrong advice that small amounts won't make any difference.Its just like rain drops.Every small drop counts.Not all the people are directly earning one bitcoin straight away.So,i advice you to just hold your bitcoins as BTC price is increasing fastly so that your holding amount could make a difference in just a week too.

If you don't have anything to use your earnings better hold them because there's a lot of opportunity with regards to holding especially at this moment when the price really appreciate. You can still choose to sell maybe 50% of it and use for leisure at least you got to enjoy your earnings. For me I sell every bitcoin I earn because I have lot's of expenses but maybe next year I'll be saving some for investment

I your case, i would say hold. With all respect, the amount you gathered is not really that high. Don't sell and restart saving again. Continue working and work harder to keep making bitcoin. At this moment, there is not much spots available at signature compaigns so it may takes a while to gather the same amount you sold.
My advice to you is to hold your bitcoin for now to see what's going to happen during this month at least, then it's your call.

If you're worried and you need some money for emergency purposes, sell it. It's also good to sell it because Bitcoin is now reaching $10000. It is one of your benefits for now because of its high value. But if you're waiting for more money or profits, Just hold it and earn. Bitcoin has the high possibility that it would reach $11000 this month, i guess.

I think, holding bitcoin is advisable nowadays. The price of bitcoi is continuously increasing, it reaches a new horizon at- $11k+. If ypu want even higher return of investment. Continue to work hard and increase you investment, one day it will pay off.

Firstly you have to make up with your mind that is it really that kind of worthfull to you to sell your BTC in this price? If the anser is no then you should hold it as long as you can  🙂 because in my opinion it will be more profitable if you can hold it right now  ;D

Its up to you my friend, if your going to sell or hold your bitcoin. But for me it is more advisable to hold , now that we are witnessing the sudden increase value of bitcoin, which had reach the $11k, and still counting.  It is much greater you are going to earn temporarily but if you really needed then you may sell it which you can still earn from this high point price of Bitcoin but not as much when you hold it for now.