Hold or Sell

[madwica]

I sold some of my bitcoins when the price was around $2900 and I think that was the right decision taken by me as after that price started to go down and currently the price is not good to sell bitcoins so right now I am trying to buy some bitcoins again and wait for the price to go higher again in next couple of days.

That is great decision you made that you sell your bitcoin on the top value because me i missed that value it wont reach my selling target that is why until now i keep my bitcoin but the good thing is my bitcoin is continue to grow and i think when i sell my bitcoin i would get huge money on that time.

[LimLims]

I sold some of my bitcoins when the price was around $2900 and I think that was the right decision taken by me as after that price started to go down and currently the price is not good to sell bitcoins so right now I am trying to buy some bitcoins again and wait for the price to go higher again in next couple of days.

That is great decision you made that you sell your bitcoin on the top value because me i missed that value it wont reach my selling target that is why until now i keep my bitcoin but the good thing is my bitcoin is continue to grow and i think when i sell my bitcoin i would get huge money on that time.

That's right don't sell it now as the price is not the best to sell and we may see increase in the price in coming days and mostly it can even hit the price of $3000 so that would be the good price to sell bitcoins and meanwhile you can invest your bitcoins in altcoins to make quick profits and will also grow the amount of your bitcoins.

[UCHCHILD]

For me, it is better to hold your coins than selling since I can how my money grows and how it double in the time. But if you can sense that the coin is reachong its peak then sell it. But remember the value of coin now is increasing maybe you can see sometimes it goes down but mostly it increases. Better hold if you can see bright numbers in the future. We can definetly see how it shines tho but the risk is wheb it drops down. But for me I prefer to hold because I believe that it will grow more and I can see $3000 in the near future I mean before 2017 ends.

[lisa255]

I sold some of my bitcoins when the price was around $2900 and I think that was the right decision taken by me as after that price started to go down and currently the price is not good to sell bitcoins so right now I am trying to buy some bitcoins again and wait for the price to go higher again in next couple of days.

That is great decision you made that you sell your bitcoin on the top value because me i missed that value it wont reach my selling target that is why until now i keep my bitcoin but the good thing is my bitcoin is continue to grow and i think when i sell my bitcoin i would get huge money on that time.

That's right don't sell it now as the price is not the best to sell and we may see increase in the price in coming days and mostly it can even hit the price of $3000 so that would be the good price to sell bitcoins and meanwhile you can invest your bitcoins in altcoins to make quick profits and will also grow the amount of your bitcoins.

Altcoins are now very dangerous. At a time when the price of bitcoin goes down, the price of alternative coins becomes completely unpredictable. I would not risk it. I'll just keep bitcoin and wait for a high price

[filharvey]

I sold some of my bitcoins when the price was around $2900 and I think that was the right decision taken by me as after that price started to go down and currently the price is not good to sell bitcoins so right now I am trying to buy some bitcoins again and wait for the price to go higher again in next couple of days.

That is great decision you made that you sell your bitcoin on the top value because me i missed that value it wont reach my selling target that is why until now i keep my bitcoin but the good thing is my bitcoin is continue to grow and i think when i sell my bitcoin i would get huge money on that time.

That's right don't sell it now as the price is not the best to sell and we may see increase in the price in coming days and mostly it can even hit the price of $3000 so that would be the good price to sell bitcoins and meanwhile you can invest your bitcoins in altcoins to make quick profits and will also grow the amount of your bitcoins.

Altcoins are now very dangerous. At a time when the price of bitcoin goes down, the price of alternative coins becomes completely unpredictable. I would not risk it. I'll just keep bitcoin and wait for a high price

No doubt altcoins are dangerous and unpredictable but if you are into trading since long time then you can identify the scenario and depending on that you can invest in it as if your decision goes correct then you can make huge profits in no time which may not be possible only by holding them as you never know when the price of bitcoin will rise and you need to wait longer to make profits from it.

[BunnyShibe]

I sold some of my bitcoins when the price was around $2900 and I think that was the right decision taken by me as after that price started to go down and currently the price is not good to sell bitcoins so right now I am trying to buy some bitcoins again and wait for the price to go higher again in next couple of days.

That is great decision you made that you sell your bitcoin on the top value because me i missed that value it wont reach my selling target that is why until now i keep my bitcoin but the good thing is my bitcoin is continue to grow and i think when i sell my bitcoin i would get huge money on that time.

That's right don't sell it now as the price is not the best to sell and we may see increase in the price in coming days and mostly it can even hit the price of $3000 so that would be the good price to sell bitcoins and meanwhile you can invest your bitcoins in altcoins to make quick profits and will also grow the amount of your bitcoins.

Altcoins are now very dangerous. At a time when the price of bitcoin goes down, the price of alternative coins becomes completely unpredictable. I would not risk it. I'll just keep bitcoin and wait for a high price

No doubt altcoins are dangerous and unpredictable but if you are into trading since long time then you can identify the scenario and depending on that you can invest in it as if your decision goes correct then you can make huge profits in no time which may not be possible only by holding them as you never know when the price of bitcoin will rise and you need to wait longer to make profits from it.

yes no doubt that trading altcoin is risky, but you must take the risk because without risk you do no have any chance to make money. and i think there are so many altcoins who have good potential from where one can make good profit in short time. for example if you have some money to invest in Etheirium which is another trusted coin and from there you can make good money also. you should invest your money there.

[jamieb81]

How can you possibly know where "the highest possible peak" is?  There's no way anyone knows that, and it's a fundamental fact of trading.   If you knew, everyone else would,  too, and that peak would cease to exist.

My suggestion is to hold and sell if you make enough of a profit such that you're comfortable.   No shame in taking your chips off the table at some point.

[matchi2011]

How can you possibly know where "the highest possible peak" is?  There's no way anyone knows that, and it's a fundamental fact of trading.   If you knew, everyone else would,  too, and that peak would cease to exist.

My suggestion is to hold and sell if you make enough of a profit such that you're comfortable.   No shame in taking your chips off the table at some point.

Indeed. People usually make the mistake of waiting too long hoping to sell at the peak of a pump and sometimes they miss the right opportunity. I agree with you that once you're comfortable with your earnings, don't hesitate. A lot have learned this lesson for holding too long.

[lilit]

How can you possibly know where "the highest possible peak" is?  There's no way anyone knows that, and it's a fundamental fact of trading.   If you knew, everyone else would,  too, and that peak would cease to exist.

My suggestion is to hold and sell if you make enough of a profit such that you're comfortable.   No shame in taking your chips off the table at some point.

Indeed. People usually make the mistake of waiting too long hoping to sell at the peak of a pump and sometimes they miss the right opportunity. I agree with you that once you're comfortable with your earnings, don't hesitate. A lot have learned this lesson for holding too long.

If you take lessons today how to act Bitcoin then it seems to me that everyone will be the same in their decisions. Only cold storage of bitcoin will give an opportunity to get your money in an increased amount and at the same time significantly.

[Kersh768]

If you didn't earn from yout trade/yoyr coin you're holding, there is nothing to do but to sell. However if you have earned already, you have two options which are to sell it or risk it for bigger profit.

[Duzter]

If you didn't earn from yout trade/yoyr coin you're holding, there is nothing to do but to sell. However if you have earned already, you have two options which are to sell it or risk it for bigger profit.

That's not fair. If you're unable to make a Profiting.the coin that you're holding then set limitations and hold it for a short. Once after that whether the price increase or not just make sure that you sell it. The profit or loss is upon the growth taking place at the moment.

[Matcuda]

If you didn't earn from yout trade/yoyr coin you're holding, there is nothing to do but to sell. However if you have earned already, you have two options which are to sell it or risk it for bigger profit.

I think that all the fluctuations that occur on the market should not affect users and their solutions. If you have already decided on good forecasts for Bitcoin, then it means that the future will bring us good prices. Therefore only storage and no waste. And the main thing is not to panic and not pay attention to various kinds of manipulation of the market.

[tosmartak]

In trading how do you know if it is time to still hold or is it the right time to sell? Do you go buy your profit margin  or actually wait for the highest possible peak?
For example if you're earning like 10% of your investment, would you just sell or would you be interested in waiting and seeing if it goes more up so you could earn more, in doing that its possible that it may go down and you then earn like 5-8%
But what is your process in this? How do you go about hold and sell timings?

The best way is to see trading as gambling. Within a split of second, anything can happen and you may not be lucky. Personally, looking at how things are, I had rather sell than end up loosing. At least I have earned something. It is a 1:1 kind of thing, it might keep increasing or it may just drop than you can imagine. My advice, just stick to what your heart tells you.

[AgonyPaid]

I never look at the price of bitcoin if I need money. I just sell the coins and get the Fiat, so that I can buy what I need. So I do not care too much about the forecasts and do not choose the best moment for sale

[Nexillus]

I personally have been holding for several years and with that gone up and down and for awhile I didn't check it for almost 12 months even now when it goes up and down I just sit back and watch the panic sellers now. Its quite entertaining to say the least.

Its like a wave, lets just ride it out!

[bncbnc]

I never look at the price of bitcoin if I need money. I just sell the coins and get the Fiat, so that I can buy what I need. So I do not care too much about the forecasts and do not choose the best moment for sale

its mean that you are not interested in trading and in investment, but if you are interested in trading and you want to become a perfect trader then you need to study the market regularly, you need to check the price from time to time so that you can take a good decision on right time. if you will study the market hear the news and taking the view of the other people through this way you will get good information about bitcoin and will become able to have good take a right decision in right time.

[Restmand]

I never look at the price of bitcoin if I need money. I just sell the coins and get the Fiat, so that I can buy what I need. So I do not care too much about the forecasts and do not choose the best moment for sale

Just hold it because sooner the price of the coins will be more increase its values. So if you dont have any thing to paid and you have an extra coin you may hold it first so that it will be good and it will gain its value. Sometimes we need to hold it because it is not enough to withdraw it too early.

[batang_bitcoin]

I never look at the price of bitcoin if I need money. I just sell the coins and get the Fiat, so that I can buy what I need. So I do not care too much about the forecasts and do not choose the best moment for sale

My attitude too, I dont care if the price is low or high when I need some cash. No matter what the price is, it doesnt really matter when you are in need of money. But I'm still aware that the best thing to do is to keep on holding majority of the funds I've got in bitcoin.

[BunnyShibe]

I never look at the price of bitcoin if I need money. I just sell the coins and get the Fiat, so that I can buy what I need. So I do not care too much about the forecasts and do not choose the best moment for sale

My attitude too, I dont care if the price is low or high when I need some cash. No matter what the price is, it doesnt really matter when you are in need of money. But I'm still aware that the best thing to do is to keep on holding majority of the funds I've got in bitcoin.

that is a good strategy, we need to use our bitcoin for fulfilling our needs. bitcoin is in fact created basically as currency and we should use it whenever we feel the need to use it. I myself reserve some bitcoin for my personal use while invested a lot of bitcoin in trading and also holding some for the rice increase because there are more expectation that the price of bitcoin will increase too much in future.

[batang_bitcoin]

I never look at the price of bitcoin if I need money. I just sell the coins and get the Fiat, so that I can buy what I need. So I do not care too much about the forecasts and do not choose the best moment for sale

My attitude too, I dont care if the price is low or high when I need some cash. No matter what the price is, it doesnt really matter when you are in need of money. But I'm still aware that the best thing to do is to keep on holding majority of the funds I've got in bitcoin.

that is a good strategy, we need to use our bitcoin for fulfilling our needs. bitcoin is in fact created basically as currency and we should use it whenever we feel the need to use it. I myself reserve some bitcoin for my personal use while invested a lot of bitcoin in trading and also holding some for the rice increase because there are more expectation that the price of bitcoin will increase too much in future.

Actually it's not even a strategy, that is a call of needs or emergency. We are always like that, usually don't think about profit or anything as long as we will be fulfilling that need of expense. Bitcoin is created as currency but nowadays we mostly treat it as an investment so everyone is holding.