to sell or buy BTC?

[Joyawan13]

what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?

[1715178362]

1715178362

[mk4]

If you think bitcoin will continue to rise in price in the long-term, obviously, buy.

If you think bitcoin has peaked in price and/or if you think there are other better investments out there, obviously, sell.

Now to the opinion part. I'm personally bullish on bitcoin so obviously I'll continue stacking sats regardless of price. Some people are as bullish as I am, and there are also some people that think that bitcoin is a bad investment.

In summary: Investing, in general, is hugely subjective. Do your own research, and come up with your own conclusions.

[Fesatmas]

I think it doesn't hurt to sell some and hold a part of it. because today's market will be different from last year. so it is likely the increase will continue this month. but it's up to you. this is just my point of view. because circumstances and needs always have different portions of us all. especially me, and I sell some to meet daily needs during a pandemic in my place of residence, the rest is to test my luck and I am ready for any risk.

[fiulpro]

what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?

Hello
This is the most popular question now a days. Since the price is rising drastically people assume that it's going to fall as fast but at the same time the tweets suggest otherwise. I do believe :
It's a personal opinion.
If you want to hold for the long term that means even if the price decreases you can easily encash them later in the future but right now if you think you cannot afford to loose financially then you should sell.
So if you can hold: then HOLD !
If you cannot for the long term and your financial situation is bad : Sell!
It's better to be safe than sorry ! Is what I believe in. Plus you have to analyze your financial situation too , how much you have saved up and how much your family needs therefore it's all on you. Best of luck !!
Make a good analysis and keep a track of the market!!

[Asuspawer09]

what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?

It's a good time to sell your bitcoin if you're not aiming for a long term investment and just aiming for profit, we could easily expect a correction in the market price after a big pump up to 40k$ so you might expect a big dump soon. But if your willing to hold at the deep prices will be much higher, it's your choice you could sell and then buy again when it dumps or just hold for a higher price up to 100k$ or a million $. The thing is we don't know if the market will continue to pump up to 50k$ or will the correction is gonna happened already.

If your aiming for a higher market price you could just hold, for now, holding bitcoin is not risky because of the solid demand and limited supply so you could easily expect a higher market price in the coming years.

[kentrolla]

Make it partial sell this is only if you are in the need of any emergency purpose, and hold rest of the balance qty also I would suggest you to follow market principles by buying low and selling high you are not advised to catch a jumping train, so think and plan before making a decision. Also if have already planned for long-term then why you want to turn back and see just move on.

[bekti3]

today I've sold bitcoin for $ 49,000, and stopped for a moment to rest waiting for the price to fall back down. you still want to hold it? while the peak is too high. Take advantage of the opportunities that exist, don't waste opportunities that just come or will wait until when you reach ATH like this. be realistic.

[Mpamaegbu]

I think it's a buy-buy for Bitcoin in 2021. My advice is based on the fact that 2021 is a post halving year and every post halving year had seen Bitcoin rise astronomically in value. Whatever happens after that was what we saw in 2018-2019. So, for the time being just find a great entry level and buy once you sight a correction.

[bitbollo]

this is a very hard question to be answered because it's something "personal".
Anyone has personal finance and should always invest wisely taking profit when it's the right time.
But I think that if you have enough money that allow you to live without exchange this btc or you don't have any big expense ready to be made, it's not the right time to liquidate this asset now... ok taking profit, but the perception of value has changed. Now 1 btc = 1 box in a big city!
what if 1 btc = 1 apartment? So I think that until it's possible ... the best answer is HODL!

[Wysi]

I am sure you will not get the exact answer here but rather you will get mixed opinions, hence ei would suggest you to go along with the market flow by setting the lower limit as 10% and sell off if the value drops by 10% or more, make arrangements like reminder in various price notification applications to keep yourself updated. By this way you will gain all the profit if the value increased and you will minimize loss as well.

[tinopener]

I think Bitcoin should be treated as a risky long term investment.

It's risky so only invest money you can afford to lose.

It's on a bull run right now so there is a chance of pullback, so definitely only invest now expecting a return in 3 - 5 years.

Treat it like a normal investment and not a get rich quick scheme.

[Lender]

BUY. Of course BUY. 100K will be the base of next BULL cycle. Anything below 100K is a BUY right now for BTC.

[xcaret]

I say SELL while bitcoin is still not crashing totally ( or is it? ) . I sold mine Friday , and now see gold prices crashing , I'm buying it once it stops its free fall .

[lepbagong]

what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?

actually everything returns to the owner of the bitcoin, is there currently no urgent matter to require fiat money to be used as a purchase which is also very important. if there is nothing clear is to keep your bitcoins stored because bitcoins are still increasing from day to day and it is likely that they will probably be up to 3-5 times from when 2017.

If you have capital that is not used for other purposes it is a good thing if you want to buy again but wait for the moment when bitcoin goes down, we know that bitcoin can go down quite sharply in a day and can go up again. at times like that you are ready to buy it.

[Oasisman]

what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?

Well that completely depends on your preference/target. Like some investors were just targeting to sell on the next ATH which was above $20,000 level, and some were targeting a 6 digit figure.
Now, If you want to harvest your profit now, which is for sure you do If you bought some Btc even early in 2020, then sell it. But always remember Bitcoin has been increasing every year, and every 3-4 years Bitcoin tends to have a bullrun in the post halving. Just try to imagine how much profit you make in the next 3-4 years specially when Btc reaches a hundred thousand dollars.

[tabas]

what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?

Your question isn't that hard to answer. Do you want to profit? sell. It's all you have to do but if you have plans for more than the price we have today, sell only what you like to take in cash.
We still have a long way to go before selling entirely your bitcoin stash or at least leave some bitcoin at your stash for future proofs.

[RaselShorif]

I think now the right time to sell your Bitcoin because this is already huge pump now time to dump Bitcoin's chart shows it headed for a big drop in the new year

[Ryker1]

Well, if you dont need your money now I suggest toa hold, but if you badly need your money I suggest selling half your bitcoin holdings and the remaining half just to hold. Some of my bitcoins are still holding, I did not think to sell at any point because I hold for the purpose of keeping them in a long term. But it's up to you, that is your bitcoin, but if you want more profit in the future I suggest to hold for more at least another year. Or, if you will see your profit were there just sell the half and that is fine.

I think now the right time to sell your Bitcoin because this is already huge pump now time to dump Bitcoin's chart shows it headed for a big drop in the new year

I don't think so, just hold for me.

[pixie85]

I say SELL while bitcoin is still not crashing totally ( or is it? ) . I sold mine Friday , and now see gold prices crashing , I'm buying it once it stops its free fall .

It's funny how it can be crashing and not crashing on the same day.

You guys are falling victim to fear that charts set to small time periods create. There's really no reason to watch 30m or 1h Bitcoin charts unless you're a trader. Watch 6h charts or 1d charts and you'll be emotionally healthier.

The answer to OP's question is the same as always. Need fiat to buy something? Sell BTC. Got fiat, don't need it? Buy BTC!

[Yamifoud]

Check yourself first and ask some questions...

Am I in need of money this time?
Or, I am already profiting a lot, is this enough?

It for sure you can answer these questions and I believe that you know already your position. If you have that kind of contentment in your self, you probably make a decision to sell it. But of course, it was your decision and that be sure you have already been thinking it for several times and say no regrets after.