Sigh... Do i need to hold and sell it later or now? Quite tricky situation.

[yulionoo]

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?

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.

[AniviaBtc]

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.

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.

[Google+]

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?

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.

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.

[Latviand]

But I need a money until Feb 22nd.
What do you guys anticipate in BTC price until next month?

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.

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.

[chennappa121]

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.

[tvplus006]

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 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.

[Asmonist]

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.

[Beparanf]

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.

[gentlemand]

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.

[ChrisPop]

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.

[bitbunnny]

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.

[bitcoindusts]

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?

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.  

[Oceat]

sell it now. you won't lose much if the price grows a little

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.

[gentlemand]

What the heck are you talking about?

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.

[bettercrypto]

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 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.

[DabsPoorVersion]

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 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.

[Xxmodded]

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?

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.

[Easteregg69]

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.

[iram3130]

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.

[boltz]

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.