Cash out or HODL - Bitcoin?

[Cadaver20]

Holding bitcoin is still the best choice but it is still depends on you.

I do not agree with you in this point.  Although it is very difficult to predict the price of Bitcoin, I think it is the time for cash out. Because at the beginning of this year the price of Bitcoin was $7000 and now the price is $23000. So how much more will you sell bitcoin? I think that Bitcoin will not cross $25000. I think the price of bitcoin will go down in the new year.

[plvbob0070]

As also mentioned by others, it depends on our needs or wants since it's our bitcoin after all. We can't tell others what to do with their bitcoin and in my case, since it's Christmas season I had to sell some of it but still hodl the rest. This is like a reward for us, and I don't mind selling some of it since I'll be also benefiting from it. What matters is if you're contented with the profit.

[Noctis Connor]

If you enjoy trading then trade. Otherwise I'd hodl

We'll when your just going to wait for the price of bitcoin to increase then there are much possibility to lose more because bitcoin price change time to time investors will lose money for stocking or investing their money into bitcoin , it wise to advice to new investors to learn more about trading since when he/she finish college there sre some courses that has more on business and investment and when you learn it when it comes to bitcoin it is easy because in internet you can learn everything you just need an internet and a wide mind to learn, then you will be good and start your first trading to earn more nt just depending on holding without assurance to make a profit.

[acener]

I would just cash out what I need and HODL the rest of it.
What's the point of cashing it out if we don't really need the money at all?
I think it would just be a waste you would just end up spending it and missing the chance if it continue to climb up.

[kentrolla]

Here we are again at crossroads to choose whether to cashout bitcoin which we have or else Hodl for some more time? This week is undoubtedly most complicated week of the year for bitcoin users because history has not been so kind to bitcoin towards the end of year's post bullruns. If Bitcoin has already achieved its ATH for the season then it's better to cashout but if Bitcoin is going to surge further then HODling is sensible but how do you figure out as we cannot depend of predictions since it fails most of the time. What's your opinion?

The Market is unpredictable like as usual and absolute bullish, see if you are desperately looking for some money then just make use of it don't be too greedy a lot of them do the same and unfortunately they lose money for loss I am not saying you to panic sell, just focus on the market price and plan accordingly.

[Vishnu.Reang]

Being greedy is not good, so, if you think you already gain enough profit then you can sell it but don't forget to buy again if there is some price correction then hold. If you need to cash out to spend for this Christmas and new year then, you should think it better. Holding bitcoin is still the best choice but it is still depends on you.

Those who liquidated their holding many years back are regretting now. On the other hand those greedy guys, who held on to their coins are rejoicing now. So I don't think that you can't generalize all the investors. Bitcoin is still in the early adoption phase (mainstream adoption has just started) and now it is more profitable to hold on to your coins. Profit booking can be done, but at the right intervals using small amounts.

[Yatsan]

Actually the decision of whether to Cash our or HODL depends upon your preference because it is duly your own Bitcoin so whatever will happen on it will be dependent on your own decision making to be done base on what you think is appropriate on the situation. It is up to you to cash out to take profits maybe for your own personal use or just make HODL for a while or for longer period of time or up until you think it will be necessary.

I think the better option would be half and half.. cash out 50% and hold 50%     

This would also be a good option as well most specially for people who are having a hard time deciding whether they will keep on HODL or cash out portions of what they have got from the pumping of Bitcoin.

[fishbonez11]

If you will decide base on what happened during 2017 ATH, you can now convert your Bitcoins. But if you believe that the ATH this is more real than 2017, you should hold. The year is not yet over and there can be a expected rise in price in the next few days. Worst, there can be a correction that will cause the price to drop.

[TimeTeller]

Actually the decision of whether to Cash our or HODL depends upon your preference because it is duly your own Bitcoin so whatever will happen on it will be dependent on your own decision making to be done base on what you think is appropriate on the situation. It is up to you to cash out to take profits maybe for your own personal use or just make HODL for a while or for longer period of time or up until you think it will be necessary.

I think the better option would be half and half.. cash out 50% and hold 50%      

This would also be a good option as well most specially for people who are having a hard time deciding whether they will keep on HODL or cash out portions of what they have got from the pumping of Bitcoin.

I do agree on this. Thinking what to do will not end if you'll not make an action on it. So definitely, if i were to decide, i will chose to sell a portion of my bitcoin for my own necessities and keep holding the rest for future profits. I have high hopes that bull run won't last this month so if this will be prolong and eventually come up with another peak price, i will surely be in huge profits by then for those portion of bitcoin i keep on holding.

Every person has their own necessity. And you are lucky, if you don't need to cash out for your needs.
If you are foreseeing that you need your cash in the next few weeks or so, I believe, it is better to convert some of your btc to fiat.
As long as you are already in the positive side, you already gain from it.
Usually, it is the greed that overpowers us why we can't let go some of our portfolio, thinking that it will go up more.
But you need to decide for yourself, and laid out the reasons why you need to embark such decision.
No one can do it for you because it is your funds. So whatever will happen to it, is your responsibility.

[CODE200]

I think the better option would be half and half.. cash out 50% and hold 50%     

I agree with this. If you're having doubts or something, regarding this market behavior, it would be better to hold an amount but secure the profit already. There's no assurance on how will this market behave so I guess it would be fine to play it safe in such way. Holding everything could yield to regrets IF the market value will continuously fall for the rest of the days of this year. But IF you chose to sell at this point then the market price pumped to $30k for some unknown reason, regrets will more likely to occur. So why not make a 50-50 decision to avoid regrets primarily and still be satisfied with the result. I'd probably do the same thing than to just follow what the majority is saying about the possible market movement for the next month, knowing that there's no certainties on things for this industry.

[roadrunnerjaiv2025]

Like everyone is saying, it depends on you, particularly on how you interpret the indicators against your motivation to continue hodling. If you need it that bad and you can't afford even the tiniest of dips, then by all means cash out. Just look away and don't visit the chart again for some time so you won't feel any regret when you see the numbers heading for the 25K mark.

[pixie85]

It's the same every time. People come at every single level and ask if they should hold or sell and the answer is always the same.

If you need money now sell. If you're sick, need to help your friends and family, need to lend money to someone, have a big purchase coming like a house or something, just sell.

If you don't need money now and have enough to live buy keep holding.

[samputin]

As also mentioned by others, it depends on our needs or wants since it's our bitcoin after all. We can't tell others what to do with their bitcoin and in my case, since it's Christmas season I had to sell some of it but still hodl the rest. This is like a reward for us, and I don't mind selling some of it since I'll be also benefiting from it. What matters is if you're contented with the profit.

As for me, I do both. Cash out and hold. I mean, just like you, I sold some of my bitcoin because it's Christmas season. That's one of the primary reasons why I did that. I had to buy something for my family and for my godchildren. Then, I also hodl because I don't want my earnings in the form of btc to run out. Who knows, another ATH might happen which will surpass the $20k mark, right? We don't really know. But I guess it's also fine to expect for the best but prepare for the worst.

[imteaz]

A very tricky situation right now. Also, I see lots of confusion among the investor, should they sell or hold. Right now bitcoin trading above an all-time high and It might even go further up, also have a risk to go down and test 12k, nobody knows. but If I were to hold bitcoin, I would sell 50% just to be safe.

[so98nn]

Here we are again at crossroads to choose whether to cashout bitcoin which we have or else Hodl for some more time? This week is undoubtedly most complicated week of the year for bitcoin users because history has not been so kind to bitcoin towards the end of year's post bullruns. If Bitcoin has already achieved its ATH for the season then it's better to cashout but if Bitcoin is going to surge further then HODling is sensible but how do you figure out as we cannot depend of predictions since it fails most of the time. What's your opinion?

You better check the past trends of bitcoin and how it outperformed over the period of time. That will give you power Or way to think on your trades in the long term. I mean we literally started the bitcoin costing @$1 < lesser. Slowly it grew up to the couple of bucks, therafter it went to 500 bucks which was highest peak in those days and then people thought this is it! BTC is now high ranking stuff until the time when BTC actually gone crazy and started to keep off four digit, and today we are at the stage where BTC costs you 5 digit serious green note. Lolz.

I mean one can imagine there is no point in getting panic about the BTC not moving upwards. It has always done it's job. We need to do ours that is HODL.

[AicecreaME]

A very tricky situation right now. Also, I see lots of confusion among the investor, should they sell or hold. Right now bitcoin trading above an all-time high and It might even go further up, also have a risk to go down and test 12k, nobody knows. but If I were to hold bitcoin, I would sell 50% just to be safe.

Learn Technical analysis, chartings, support and resistance, and other basics in Trading in order to guarantee a 80% accuracy when it comes to price prediction, this might not gives you the exact price of Bitcoin before the year ends but it will gives you idea on how Bitcoin will move and what's its target price would be.

Because panicking wouldn't help, it'll just make your capital go away like nothing. Also if you're going to engage on cryptocurrency, you must have a plan, and if you fail to plan, you plan to fail, that's my favorite motto in Trading for now. 

[cryptofiend01]

It all depends on your risk tolerance - what is your stop-loss and take-profit based on your purchase price(s). This should help you decide when to HODL and when to buy beer with your BTC. This is important for anyone who have invested to learn especially when BTC price has exceed ATH by a large margin, technique analysis and fundamental analysis (fundamental analysis doesn't have to only base off of financial statements ) utilised by the mass is what's going to drive mass adoption. At which point, the price will be in equilibrium and volatility will become stable (stabler).

[Noctis Connor]

A very tricky situation right now. Also, I see lots of confusion among the investor, should they sell or hold. Right now bitcoin trading above an all-time high and It might even go further up, also have a risk to go down and test 12k, nobody knows. but If I were to hold bitcoin, I would sell 50% just to be safe.

it is true nobody know what the bitcoin future holds we are all waiting and expecting that bitcoin will be good price for all of investors sake not just by waiting and standing for the price increases people should learn on how to trade into other crypto currency so they can earn from it. It is good decision to sell 50% of your profit but thinking if you don't money then you should keep it just saying but it's your own so you just following your guts to sell we had financial to be paid by the end of the month. Maybe other big companies and names in industry will start investing in bitcoin since they knew already that bitcoin is a really to put their money in.

[bitterguy28]

Here we are again at crossroads to choose whether to cashout bitcoin which we have or else Hodl for some more time? This week is undoubtedly most complicated week of the year for bitcoin users because history has not been so kind to bitcoin towards the end of year's post bullruns. If Bitcoin has already achieved its ATH for the season then it's better to cashout but if Bitcoin is going to surge further then HODling is sensible but how do you figure out as we cannot depend of predictions since it fails most of the time. What's your opinion?

I made a riskiest decision i ever made this year ,as Bitcoin showing strong position on the Top ,XRP is continuing to Fell so what i did is converted 1/3 of my bitcoin Funds and Bought XRP because i believe this is the cheapest we can get ,32 centavos is for me way cheaper ,and i wanted you OP to think as same ,if you can risk but profitable sooner?why not.

[soetikno]

holding bitcoin is a lot more profitable than cash, bitcoin has a good long term every 4 years once the supply of bitcoin mined will decrease and that makes its value even higher, bitcoin always gets a new ATH in 3 years