Bitcoin Forum

I am holding about 1.2 BTC now

But I need a money until Feb 22nd.

Should i hold until Feb 21nd and sell it? or Sell it now?!!

What do you guys anticipate in BTC price until next month?

If you really need money by Feb 22nd  then sell jus how much you need by that date then get to keep the remaining bitcoin you have. Just make sure you leave some bitcoin for holding purposes so that when bitcoins price goes pump you can still have profit.
To be real I am expecting bitcoins price to be dump by next month or the next few months because of the halving effect, bitcoins price tends to dump before halving every year so I am expecting it to be the same way around this year.

There's really no way to know as in my opinion it's pretty much just 50-50. Personally though, I'm fine with bitcoin's current price. So if I were in your situation, I'd just sell BTC until I have enough money to cover the amount of money that's needed for the 22nd.

If you're scared that if you sell now, it might go up in price, also remember that it could also drop in price. So regardless how the market moves, don't blame yourself if you've made the wrong decision.

it doesn't matter what price you predict could be reached, you should have never invest what you could afford to lose or the money that you needed. so the answer is to sell now and only invest the money that you don't need (can live without).
for example instead of 1.2BTC or ~$10k you can invest $2k that way you are taking a smaller risk while still having an investment in bitcoin.

February 22nd is still a month away, and the price may go up significantly, or crash down. If the Bitcoin you have, when converted to fiat, is already enough or is much more than what you actually need, then it's better to convert now than later. The risk is too high if you still decided to hold and the time is not enough to wait for another pump.

The thing is we cannot predict when would be the lowest price. Some expect that the lowest would be on February, but all are only prediction really.

if you need money, you can sell all of your BTC now because it is your right to sell it, but if you only need a little you can sell 0.2 BTC for your needs, I cannot guarantee that the price will be good in February, all people may be waiting for the bitcoin price trend to continue rallying above $ 9k, you can think again of all the decisions in yourself

It is really hard to tell on what will be the price of bitcoin until next month. But you still have a lot of time to watch the market and wait for the right time to sell if you really need your funds. Also, just see for yourself if this btc you have right now or your investment already gave you a decent ROI, if so, you can get your money so you don't need to think of the possibilities like the sudden dump of price of bitcoin.

This decision would be hard to do if you depend on others' opinions. I suggest that you think well enough about it. There are two factors to consider about, IMO.

• Are you willing to take the price now knowing that it's around $8400~$8600?
• Do you accept the risk that it could go higher or lower, knowing that no one could predict it

It's best to consider knowing that it could go anywhere. The best thing to do now is to prepare yourself with your emotions that it could go on a roller coaster ride or risk it and have a better conversion rate.

P.S. No one could genuinely help you with this one but yourself.

if you sell it now, have you made a profit? approximately, how much money do you need for February 22? Do you have to sell all of the BTC you currently have, or is it enough to sell only a small portion? if you only need a little money and enough to sell a little of your current BTC, sell what you need. the rest you can hold for the "possibility" of the next pump. if you have to sell it all, do it, because we don't know what will happen to bitcoin next month. everything done here is a "probability" prediction. your needs are more important than following the prediction flow, although we believe bitcoin has a bright future.

As you have said, you need the fund by next month, don't sell it for now, sell it only if you really need to. Just find a good timing on selling your bitcoin, that way you can increase the amount of your funds. You just need to be patient and wait for the right timing to sell. But the final decision will still be yours, you need to make your own decision and you should follow it.

Frankly speaking, there is some ambiguity in your statement but if you simply mean that you need money by Feb 22nd then I guess there is more room for you to hold and see how the price rises. For instance, you can decide to peg your BTCs at current price and sell of the profits when the price of Bitcoin increases.

Any way always go with your instincts k, we are all sharing our thoughts, yours matters the most so make a good decision!

You know, the fact that you are really having a second thought and your curiosity of the possible price of bitcoin until the date you needed your fund only shows that you don't want to sell it. Why don't you follow your instict right now. Because if it was me, I will hold it and wait before Feb 22nd to come. It is better since I can at least have a chance to sell at a higher value in case that bitcoin pumps.

As long as price remains well below $8,450-$8,500 you can consider more falling. The next bearish objective for sellers is set at $8,000 a bearish break of this support would revive the bearish momentum. The sellers could then target the support located at $7,600 If there is any crossing, the next objective would be the support located at $7,200-$7,300. over 60 percent of the signals given by moving averages are bearish. From the total of 13 technical indicators the five of them considered buy, seven sell and one neutral. However, holding bitcoin has been profitable for 99% of It's existence. Instead of selling, find another way to solve your financial need.

if i were you i would try to analyze the market myself and come up with my own speculation rather than asking others like this. even if you make mistakes it still is going to be your own experience.

but if you want my prediction i think price is going to slowly rise and until February we may be well above $10k. but as others always point out it is not possible to predict bitcoin.

Sell now.

You shouldn't speculate using money that isn't made for speculation. That money should not be invested anywhere. That's the basic principle in investing. This kind of reckless financial decision can destroy people's lives easily.

Nonsense. There are more bearish years than bullish in Bitcoin history. If you bought the 2017 top then you are nowhere near profit right now if you just keep holding from the top.

There are crypto lenders out there where you can take usdt against your bitcoin by paying just a little interest. By this you dont have to miss the next bull run and can even get cash for your immediate need.

But if there will be a dump dont forget to liquidate your crypto inside the lending platform and pay what you have taken.

If one trader's opinion matters to you then you should know this:

- Not much chances to go above 9K in February.
- In March it will probably wiggle between 6k and 8k or even go lower.
- Selling now is the best thing to do.

But there are speculations that after the halving the price of the bitcoin will rise. So probably if this scenario will happen we can earn a lot of money probably on April or May. So definitely nobody knows if this will be possible but it is much better if we dont believe the hype and let this scenario happen in the future coz if we expect too much we will probably hurt so much if this would be happen.

Sometimes i have experience like yours. But what i do is after i sell my BTC, i know i can't regret it. Why? Because no more choice. (in case you OP don't have other option than sell your BTC) and sell it only in that amount of money you needed so you can save some.

This is really a deciding factor on your situation because we can't tell and give you an appropriate answer what will happen by that time. We can give our speculations and predictions but it's not enough to say that it will be accurate as what we're saying. The answer is most that is anticipating that bitcoin will pump because of halving but it's an opinion by everyone. You need to decide clearly whether to sell or not prior to the date that you need money.

My principle is to hold my crypto assets and just use FIAT on hand. Anything I need to sell outside crypto I wait until the very last day.
I have not sold a single satoshi up to this point and I am pleased with that. It is hard to predict market movements and I would use other resources before I touch my crypto, if I were you.

You still have 1 month before the deadline, so you can comfortably make some money outside to pay for the problems you need. Do not sell everything too soon or you will regret it, from now until May, the price will definitely increase a lot so you sell BTC and you will lose a lot of profit. I have also seen a similar topic before. He sold all BTC in November 2019 to pay for life, and then BTC went up to $ 9100. He regretted a lot and bought BTC at a much higher price than before, so don't repeat his mistake

Here's the thing here, since you decided to invest your money in bitcoin, you should have consider in the first place that for your money to grow and produce profit, you should accept the fact that it should be invested for a long time. I don't really know how long you've invested the 1.2 BTC, but based on the current market condition as of now, it isn't really worth it to sell, but to wait for at least 4 months, will be the fruit of your labor. But since, you need the money this coming feb, it's upon you to decide. But make sure to consider some of the suggestions we've provided.

you dont have other option but to decide quickly because now the value of bitcoin is falling and if you think that the amount now is enough for your needs then better sell it now all,but if you only need some amount then better leave the other percent inside your wallet and just withdraw the needed.
he was not asking about what we want to do in our currency instead he is asking about the incoming fall in which he needs money by February ,this is the problem if you don't know how to read the OP and just looking for the title .

You can just make speculations, no one has a real answer of it. The price of Bitcoin changes suddenly, so you cannot exactly predict what will happen. If I make assumption on its past progress, I would suggest that you should hold it because it will give you benefit in this way. As, even month of 2020 has not completed but it has shown a considerable increase in price from December 2019.

Well it's complicated, sorry we can't predict the future,anyway I was in the same situation like you that I needed money so bad and didn't want to sell my bitcoin, I guess this is something that most people have to do including myself, allocate some money and storing them as an emergency fund. So when something happens in real life and we need money so bad we can use that emergency fund and not gonna sell our investment.

At what price you bought bitcoin? If it’s around  8000$ then surly it’s not a good time to sell bitcoin. I don’t know why you are waiting for 21 Feb. If you can wait till coin halving then I recommend wait till for it.

I think if you desperately in need money and you have no other sources to get money from, then you can sell it but I will encourage you to exactly how much you need so as not to sell all the 1.2 BTC. I know you must put hard work and invest for a long time before you realize this amount of BTC so it will be very nice if you do not end up selling everything off just like that. since the beginning of the year, we have been hearing good speculation about BTC just like the past years but I have a feeling that BTC might reach another milestone again this year, so if that happens, and you have sell off all your btc, i bet you will dislike yourself. As you have stated, it shows you will be ok again by the end of February, so if there are other alternatives, it will be good you utilize it rather than selling off all your BTC

Why do you want to sell it now? You still have 1 month before you need that money, so you can trade to make a profit with 1.2 BTC you currently have. Do not sell BTC at this time because the current price is falling and you will lose money if you sell them. If you can not trade, you can borrow money from relatives to spend. If you sell it will surely be a mistake and you will regret it when the price of BTC increases in the near future.

why having second thoughts?you have should sell those last week when the price hit $9,000 value not like now that we are closing to $8,000 again.
sometimes we have to decide on the spot than to ask for some idea because there are many things might come from the advisers that will lead us to other thinking mate.so sell it now before we fall to bellow $6,000 again like last year in the second quarter.

Quite and brutally honestly, no one knows what will happen to the price of Bitcoin on 22nd of February and any advice is like just an opinion, not a guarantee. If you need urgent funds, then withdraw because stop focusing on profits which you can make when there's an urgent need.

It was definitely necessary to sell Bitcoin when its value exceeded $9,000 a few days ago. But most people always hope that the price will rise, so then regret the lost profit. If we could accurately predict the exchange rate of cryptocurrencies, everyone would get rich. If I were you, I would keep everything in cryptocurrency until the date you need and when you need to pay the bills, I would sell the cryptocurrency for this.

Look, if you really need it and there is still preparation to be done then use it.

Bitcoin is not supposed to give people headache just because of regrets of selling at the wrong time.
In fact, it should have been the technology for people ease.
I do that. I don't really care how much it is worth as long as I need it.
You saved that money, so when a necessity will come you can also use it.
Sadly, we don't have much merchant who adopts the technology. We could have been using it without conversion.

This happened to me before, doing emotional trading. If you need money now i guess the time for a stop loss is now because Bitcoin already broke the key support so it means we're gonna see another downside movement.
This kinds of situations made me loss money by chasing losses and refusing to sell before it gets any worse and that rekt me, but this is only an speculation it's up to you if you should sell or not.

Actually this is not a serious problem for you and you still have 4 weeks about 28 days from now, and in my opinion there is still a chance for bitcoin to increase again from the current price.
You should try to hold it until the time you specify and if there is no change, you can sell according to your needs without having to sell all of your bitcoin and if the price of bitcoin goes up from the current price and you are in a profitable situation there is no harm in selling everything.
all depends on yourself and continue to carry out further analysis until the target time you set and most importantly you sell it in a profitable position from the price before you buy it, and the thing to remember is because bitcoin can reverse the situation suddenly and remain optimistic and hopefully the price of Bitcoin reaches the highest price at the time you set.

There is no way we can precisely tell the price will be by Feb 21. It is all speculation.

I suggest you sell a part of your bitcoin now and a part every time the price spikes. And hopefully, you can get the best price when you average it out.

And in the future, invest only the money you can afford to lose so you will not be placed in this kind of situation again.

If you need the money on February 22nd, why should sell bitcoin now. Because there is a possibility next month bitcoin goes up to $ 10k.
Even though there's the worst possibility of bitcoin returning to the price of $ 7,000. But according to my analysis it's likely bitcoin down
next month is very small, because next month is getting closer to halving schedule. So the price  of bitcoin should be getting higher. So,
in my opinion, don't sell bitcoin right now, just sell bitcoin when you really need the money.

No body can tell you what will be the price of Bitcoin next month. By looking at the current situation, if you really need the money then you can sell it now. But just sell the amount that you need, not everything in case that the price will increase the following month. It depends how much money do you need but if it's really that important, don't be afraid of selling it. Or you can just sell some of what you need right now then try to analyze the price the following days.

That's why only investing in Bitcoin with the amount that you can afford to lose.
I ever in your situation, it's quite annoying, when after I withdraw my bitcoin the price tends to go up, there is regret at that time.
Now I divide my portion of bitcoin partly for investment and partly for spending.

You need to calculate your Bitcoin from the price you bought, if you think sell now is gain profit or at least if you sell your bitcoin now, you have nothing to lose, then sell it right now is better option.

My anticipation for the future is holding until the halving event shows a positive trend.

Just convert it to how much you need and keep the remaining parts on hold.
The price of Bitcoin fluctuates unexpectedly so we couldn't assume that it could go up in the next couple of weeks.
It is risky because if you wait till the expected date then the price of Bitcoin could go down and you would need more to convert.
I have seen it before some of my friends and even my brother waited the price of crypto to drop down to gain more crypto but it went the other way.

The current trend is down, and long term btc will end up close to zero.

But nobody can know what the price will be next month.

You could sell 25% each week, then if there was a peak you'd make some, but if there was a crash you wouldn't lose so much.

But I would sell all now.

OP isn't responding yet. Maybe this guy was just posting out of confusion and frustrations.
Anyway, he can sell whatever money he needed and retain the rest to assure profit in a long term investment. I am somehow empathetic on his situation because 1.2 BTC is quite a huge amount and It would be a waste of opportunities if Bitcoin will reach higher figure on February, while you're on a verge of critical decision making because you needed the money.

I think it's better if you hold it until February 21, but the price of bitcoin is declining today, but if you really need money, I don't recommend not selling it and if you want to sell it better, sell half of it and the rest you hold to get ready ready to halve so that you get a little profit from half your bitcoin.

Meehn I don’t know what the price is going to be in February 22nd and I also don’t think that anyone can give you the right answer. If you’re ready to take the risk and wait till then for the price to increase and you will be able to make profit, and if it doesn’t then that’s a loss. So, you have to make that decision for yourself. The price dropped recently and has been around $8.3k.

The only time I am expecting the price to go up is around May after the halving. Maybe for now it would be stable. You can check out Cointelegraph top 10 cryptocurrency analysis, it’s quite helpful.

We never know, but I also believe that it will go up with the halving. There must be a FOMO before halving occurs. we see until the end of the month whether prices will stable or go down, if it goes down it might be good to be a little correction and start rising in the second month.

well even though you can predict it that way I don't think anyone can guarantee it because honestly the price movement of cryptocurrency is unpredictable so if you want to make a profit with your assets then you should be able to hold your assets until the price rises, even though you predict in February the price increase could be when after February.

Every single second is important and you are talking about  30days! If you are still holding btc, I think you should sale it and it seems we are entering into bearish trend again, cause btc failed to go beyond 9k. Price may go anyways, north or south but it will stay within 7.8 to 8.5k range. Please dont consider my opinion as financial or investment advice. I am just expressing my thinking

Whales don't own most of Bitcoin and only a small part of the coins in circulation are available for trading.

A whale can temporarily crash the price but it will recover because his dump can only drain the supply of fiat on an exchange at that given hour or day. It cannot drain the supply that will come a day later and a week later and it will come because people will want to buy seeing cheap coins.

don't speculate with uncertainty in the short term if you only act as a passive holder.

there is a possibility that bitcoin will return to 11k if this month's retracement is successful, but there are a number of points that can apply otherwise, for example from negative fundamentals. 1.2 btc in my opinion is big enough to be developed in the trading market, but if you are not sure then you can make a decision to sell it now.

If you need it badly then why you having second thoughts about selling? Sell your bitcoin if that will be your last resort. You can buy anytime, again.

No one have crystal ball here and anything could happen for a month. But do note that before you sell, make sure you sell above the price you bought. Hope you keep that in mind.

No one can ensure you what gonna happen after 10 days in Bitcoin price! And 22nd February is almost one month away! You should have sell when the Bitcoin price was 9100 USD, right now its dumped by 1K USD, So, don't sell at this moment. Wait for the 8500 USD, I believe BTC will hit at that price before 22nd, then you can sell confidently.

its easy to predict 10 days or a week but more than that is now harder , 22nd of february is yet too long  .

we are only on january and many happenings can occur and affect the price  . you said he dont sell but wait for 8500 usd ? that will only cause him to loose more if the price was higher than 8500 the moment he start waiting .

I know about the halving speculations, but that doesn't happen right away. It took 1 year to reach ATH after first halving, and took 17-18 months after the second halving. So it's not like some big bullrun will happen anytime soon. A bump in April in anticipation, at most, but then he can buy on the dump right after and play the next long term bull market without missing anything really.

Really tricky situation. bitcoin price unpredictable and now bitcoin price look like not good movement and not seem good alerts for near time, so my advice only wait for a moment maybe one or two weeks to get better price than now. must to be patience to take more profit
second choice, no problem sell now but make sure that you are not lose, you sell your coins higher than you buy

Current anticipation in BTC market is pretty bullish for the month but what I have learnt in this market is that it's always better if you take out the money for whatever reason it is necessary because many a time the prices may go downwards and then you won't really be able to meet your expenses and you might end up in a bigger issue. I have not even once regretted upon my choice of taking out money when needed in a few days. Maybe it's sheer luck but I feel holding it too is pure luck so better do the right thing. Quite eager to know your thesis on saying Bitcoin could end up close to zero? Do you still believe in that bubble mythology or something?

The price may go up or it may go down, nobody will be sure of that. That's pretty hard to decide though especially when you are not sure for the incoming. But then, you'll need to decide. We will have to accept also that not all the time we keep on holding. We know Bitcoin is not just an investment but a currency instead, and therefore, we will have to spend it sometimes by either converting it to fiat money or just stick to itself depending on the way we use it.

The question is, do you need the entire 1.2BTC? because if not, you'll just sell enough to cover up your needs. You don't need to worry cause there is something left in your wallet, you can still at gains if ever the price will go high.

You can still wait until February but like others are saying, just sell how much is the amount you need. It's better to leave some amount on your wallet just in case it pumps up again.

What you can do is try to sell your bitcoin depends on the money that you will be needing so that you still have an investment and has a chance that it will grow even more. Also, check if it is reasonable to sell it all. If the value of it rises up before feb 21, sell it all since that is a chance to gain profit into it. But if not, sell a part of a bitcoin only.

it always depend on you mate if you really badly need money  then sell some of it or you will still hold on and wait for the bitcoin to go to the moon again but if you only used it for your wants think hundred of times so you will never regret it.

Wait until you will be needing the money as base on the price movement there is a big chance that the price will still grow in the following days.

But the decision still yours, if you are already satisfied with the current price then you can sell it now and withdraw it so you don't have to worry anymore about the incoming price of bitcoin as no one can really predict the market price. What is sure is that, the price will surely goes down or up.

in my opinion it would be better if you keep holding it until bitcoin experiences a pretty high increase. there is still one month left. there is a possibility that one month ahead bitcoin will experience an increase. selling it now is not the right thing because a few days ago the price of bitcoin has decreased. better to wait because in my opinion maybe at the beginning of February bitcoin might go up again.

How can you be sure that it is just in a following days? Even a professional bitcoin holder can't predict when will bitcoin will grow its price again. No one can measure how volatile the bitcoin is, so it is very hard to make a statement on when is the right time to hold and sell. This is all about taking a risk no matter what happens. It is possible if you sell in context like when you really need the money for some purposes. It depends on the circumstances, but that's true that also prediction is very uncertain.

if you can see that in 2017 the price of bitcoin prices has increased to $ 19k so now the price is still very cheap and you have to be patient to hold back until the price of bitcoin can be expensive again, you don't need to be afraid when it happens, obviously it will happen soon because you can see from the supply of bitcoin that is increasingly difficult to obtain and many platforms that accept payments using bitcoin means that more people who use bitcoin and will increase the demand for bitcoin will also have a direct impact on the price of bitcoin which will return to expensive prices.

It does depend on the investor's mindset. If you are an investor, you decide what's best for you or what would give you profit. Bitcoin and other cryptos are naturally volatile and with that being said, risk do always exist whenever its market value moves, because no one know if it would be an uprise or backdrops that would happen for 'tomorrow'. So if you want to assure that you won't lose that much, seeling at this point won't be a bad idea. But if you are determined enough to risk, wait and profit will be earned.

As bitcoin is known for its volatality its difficult to predict the price pumps or dumps in next month .If it Pumps its your luck if it dumps then bad luck so think and decide .If its need of less money then you can borrow some money and use if its so emergency and need more money then you can go for selling bitcoin because than borrowing more you can use your own money without interest, Bitcoin might dump also god knows  ... Think smart and make a move good luck.

If the OP needs to sell BTC, it means that it has a need for cash. Therefore, you do not need to hurry with the sale, but you need to wait for a more favorable rate. I would put a stop loss in case the price of bitcoin starts to decline. And I would watch the market to sell bitcoin in time if the price goes up. In my opinion, this is the only way to sell your bitcoins at a more favorable rate.

I think you can sell a little portion of it now at least the price is not that bad yet. The next month is somehow promising and we really don't know of the trend. Selling it on the time you need it may also be profitable or you can acquire losses. However, at least you have some portion sold now, the difference will not be that bad I guess.

Selling portion by portion when price increases depending on the chart is a good choice for OP. He needs to be active seeing the market so he can take the price that it will increase and sell, he can also ship into alt which is increasing. However it will all depends on the market performance.

If a fall in the price by then means you can't meet the expense and this is a totally necessary expense then it's an absolute no brainer. Get rid right now. Hope does not pay the bills.

It is not a tricky situation at all. Nobody has a crystall ball so we can't know for sure if the price would be lower or higher at some precise point in the future unless you're one of the world's billionaires and you have possess the financial power to move markets by hundreds of dollars with a measly order.

My suggestion is to reflect what do you want to do with that Bitcoin. Are you going to need all the money or only a part of the 1.2 BTC value? If you only need a part then you can get a loan from Nexo or similar websites if you want to get into it and so keep your BTC, but at the same time that will expose you to other risks aka interest, the possibility of BTC to go down in value and you will have to put more as collateral, etc.

On the other side if you're not a trader there is no need to gamble with your money and hold it for another month in the hope that it will raise. Hope is not good for this game.

To sell or to hold depends on.your personal needs and plans. I don't think that price is bad or that is going to fall sharply so that you need to sell and if you don't need fiat money don't sell either.
I think that final decision depends on your preferences, whether you are short term or long term investor. Just watch the market closley and then act accordingly.

Only you can answer this but to help, you can check the technical analysis of Bitcoin on https://www.tradingview.com/.  At least it will give you a hint on what possible trend of Bitcoin in the coming weeks.  Sitting there without any hint on what will be the next movement of Bitcoin is very frustrating.  

What the heck are you talking about? With this price if you sell OP might regret this decision soon. It's better to hodl than sell now if OP aims to get the price of the bull market than selling it now because it's a trend. What a wrong move if you would like to push OP to sell to a very cheap price, you never know if he bought it like higher than the price today.

Sense.

If this is to keep a roof over OP's head or pay for life saving surgery you'd be a moron to risk it. If it's for a cost that can be deferred or avoided completely then that's a different matter.

If you need your money, don't make it as your investment. Only excessive income can give you in investment. Don't hold bitcoin because anytime it may fluctuate. If you need in February 22 and you need it really then sell it now. Until the value of bitcoin is high, you need to dispose it. I think 1.2 is a big cash and you will regret it once it lose its price.

I think this is his investment then suddenly an emergency situation just happened. So, he has nothing to fund for it so he is having a second thought if he will use his investment or not. But as you said, if he really needs it, he can sell it for his own good, then again this might be his biggest regret in the future.

Better you hold bitcoin because you need money next month and hope bitcoin could raise with higher price and near with halving time, I optimist you will get much profit later if you sell bitcoin on February because price could increase more than $10k and you get much profit than you sell bitcoin right now.

Chasing ups and downs. Ain't that a B?

Stash your BTC and get on with some new chain. TRX is best bet these days. For the most action and the least kyc/aml underdogging.

I would not suggest anyone to sell Bitcoin at this moment. The increase in demand for Bitcoin will increase once halving's effect comes into picture. So if you really want the money or you have an emergency, only then sell the equal amount which you need. Otherwise holding your BTC would be the best option until next year.

I would strongly suggest to make those money without changing Bitcoin back to your national currency because you hold it until now , why now hold it one more year to let the bull market install ? Sure , if you have an emergency like you really need to cashout your Bitcoin, then do it but like I said , try to find another solve to your problem , maybe get a loan or something similar. This is just my personal advice, in the end , you know better the situation you're facing.

You can hold until next month if you are not being afraid of lossing money during the hold event. Even though it's pumping right now, there is a chance the price would be going down because that's a behavior, so be aware of that. If you are afraid for that, then it's your decision to sell it.

when i need money, i will sell 2-3 day before x day, when i need much money i will sell 3+ day because it take time to get right price like what i want, and sometime i sell about how much i need.
if i need to sell 1.2btc, i will sell in a small portion in one week before x day

We usually look for ways in order to make sure profits will come into our hands with investment on cryptocurrency such as bitcoin, but I do think we could earn profits weekly because upon observing the market, I saw that it mostly increases on monday, so instead of diversifying your investment why don't your try to invest every friday night, and sell every money next week? Though, what I mean is for you to utilize stable coins in order to make sure profits will be with you.

Well you're the only one who can answer this. How much did you buy your btc btw? If you think the price of btc is acceptable to sell and you already gain then its up to you if you want to sell. Actually some investors now are accumulating because of the halving, many are thinking the price will rise after that event hence dont sell all your btc if you can.

Im bullish for the price of btc thus im assuming the market will turn better and there's an increase for btc price though there might be a minor recovery. Well we cant predict whats ahead but I'd like to stay positive.

It would be up to you. But I suggest if you will sell that first when the price of bitcoin or the value of it will came into $9,000 because this is the highest peak of the bitcoin right now based on the  speculations and predictions of many people. If you really need the money before the February 22nd then probably it would also be better if you will sell that right now especially that the bitcoin is pumping up, so that you will already converted your bitcoin into a fiat money and you can already use it and save it until February 22nd for your upcoming events that your bitcoin will be spend off.

Depending on how much money you need from your total 1.2 BTC. If you need it all, please sell before the price goes down, if the price goes up, you are lucky. Because no one can predict the price 100% accurately, especially with the conditions you are in need of these funds. But if you only need a few, you can sell some, not necessarily all of them. That's the only advice I can give, daily needs are more important for you before deciding to invest.

Unfortunately, we cannot possibly tell if the price of Bitcoin is going to be higher than the price now, the market is still uncertain and very volatile, only two things you will either regret later for not selling or selling earlier, because the price is moving in an uncertain way, so just withdraw what you can afford and if you can retain some of it, worst time to sell now, but this kind of things happen.

This is indeed a confusing choice, but if I am in your position then I will continue to hold it until February 21, then for the current needs then I will owe money to my immediate family or my friend, after arriving on February 21, I will sell the BTC equivalent of the debt I borrowed.

Bull runs are approaching and we would never know what would happen till 21st of February. If you sold bitcoins and after that the price starts pumping than it would be the largest regret you would ever have. If you are just holding bitcoins and not actually trading with them than you can sell some part of your bitcoins and can hold maximum so that you can bear benefits from the approaching bull markets.

Bitcoins are really going to show us some great price as we already had some visions about it in the mid 2017. Bitcoins have the ability to grow much faster due to their high volatile nature so you could find some better peak to sell off so that you can fulfill your financial needs.

If you really need the fiat and you have no other choice then you have to do what you have to do. In the meantime, you can try to keep expenses down somehow. It will work out better for you, in the end, to try to stretch your last dollar. The date has come and passed so did you sell? How much of it did you need to sell? At least when you need to sell bitcoin is doing well and you not forced to sell during bear season. This happened to me. I hate it so much.

I think beside luck, your strategies and the way you work also affects your performance. It is of volatile nature and you cannot exactly predict what will happen but the market trends also give you a hint about the future events. By looking at the present trends I am very hopeful that price will increase further and all those who have invested will get good benefits.

Basically you know exactly whether it's time to sell or not. Because you know in a safe position by comparing it where you buy it, so that when you sell it you can get a higher price, right? if at this time it is above the BEP and you are afraid there will be a decrease again then sell it immediately, if not then keep it and if it will go down then sell before reaching your BEP, as simple as that. DWYOR, all of them can only give advice as far as speculation, so strengthen your mind for whatever decision you make.

We were actually in the bearish markets until now and OP has bought coins in the bear market so hopefully they would give immense profits for OP. But if OP wants to sell some of his coins than it would be better for him to start trading with them and earn the amount he would need to fulfill his requirements. It would not be that difficult to earn profits from 1.2 BTC until feb 21st.

Bitcoin is having a volatile price and that keeps the price changing each hour which can be utilized for short term trading. Quick buy and sell would even give good profits from the initial capital. OP should think about trading with his coins because if I would have been on his place than I would have gone for trading.

If you do not have confidence in long term trading than you can take short term or daily trading as an option. Otherwise I would suggest you to go for long term trading because this would give you big results. If you want to make huge investments, go for it, it will give you big benefits. As the price of Bitcoin is rising so long term trading would be very beneficial, similarly halving is approaching and it would bring more increase in price so go for long term trading.