to sell or buy BTC?

[culuuton]

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?

We would be rich now if we had bought it last year, that is a sentence many people often joke when talking about bitcoin. Of course, you should buy more and hold bitcoins for the long term, it is the best way to avoid regrets.

[Shasha80]

Because I believe Bitcoin will hit the price of $ 50,000 then I am still HODL Bitcoin until now, and won't sell my Bitcoin until I reach my target.
In fact, I have bought Bitcoin again when the Bitcoin price a few days ago corrected to a price of $ 32,000. And now the Bitcoin price has started
to go up again and is at a price of $ 37,000. Hopefully the Bitcoin price can return to $ 40,000 in the near future. So getting closer to the price of
$ 50,000 which is the sell target that I have set.

[darewaller]

I would say right now is to hold period. If you do not have any bitcoin, do not buy a lot, if you want you could get in like 50-100 bucks if you want to but that's it, do not get in too much, only like 5% of your money that you can spend right now.

Secondly and more importantly we are talking about not selling right now, if you have bitcoin, do not sell it, because it may still go higher, and if you want to sell you can still wait for it to crash and sell before it crashes, instead of selling right now.

All of these together would be a lot better. That is the point right now, it is the point of "do not buy a lot, but if you have it do not sell a lot neither" period, which is a difficult situation to be in as well. I personally think it is quite nice that we are this high, and as long as we can stay at this price there is nothing to worry about, even if we do not go higher.

[Becky666]

Basically, those who are not planing to hold Bitcoin on a long term should sell their coins now becasue the market will definitely experience some sell off soon. With the above statement, i personally buy some few bulk of bitcoin which i intend to keep against the future because the future of Bitcoin has now be made clear for everyone that, it will be a good store of value both for the governments and individuals. Though if you are thinking that Bitcoin has been over bought, please sell for profit to avoid BP.

[LUCKMCFLY]

What I would do in my personal opinion is, if I had how to buy Bitcoin I would do it, it does not matter if Bitcoin falls in price, I would wait as long as necessary because I have the conviction that it will rise even more, and I would have another Bitcoin to speculate on it. market.

[Raflesia]

Bitcoin is now undergoing a slight correction so still don't panic in a situation like this it's much better to buy because I'm sure it won't be long and it will return to normal, I have prepared to buy below 32k if it is true it will go down and I will definitely hold on for longer because bitcoin is already high on its own, the correction is now not long before but it's just that if you have been firm in your stance, it's better not to sell during conditions like this, like there is a term to secure your assets to USDT rather than experiencing losses for me this is wrong if you hold you are strong.

[error08]

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?

The fear of missing out when the price of bitcoin increase rapidly and regret when selling too early or too late are some feelings that we have to deal with.
Bitcoin price supposed to increase this year, some say up to $250k but I would assume $100k, it's better if bitcoin can increase more than that obviously.
Therefore, if you don't need to sell bitcoin, don't sell it until it reaches the peak refers to your perception, rather accumulate more coins into the wallet.
If you are a trader in order to maximize the profit, buy and sell at your will but don't regret the wrong-call that you may make.

[bvoriue]

The current price of bitcoin is very different from the previous 3 years, congratulations to the holders who have persisted in maintaining it until this moment.
I personally will still buy bitcoin, because the current bitcoin price is still low, not yet touching the price of $ XXX, XXX

[KTChampions]

The situation is very difficult and there are many multidirectional trends now, so I advise (subject to the availability of free money) to diversify your investments. If your capital is more or less evenly distributed between cryptocurrency and fiat money, then it will be equally convenient for you to make purchases during the fall and sell during the growth.

[ultrloa]

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?

The fear of missing out when the price of bitcoin increase rapidly and regret when selling too early or too late are some feelings that we have to deal with.
Bitcoin price supposed to increase this year, some say up to $250k but I would assume $100k, it's better if bitcoin can increase more than that obviously.
Therefore, if you don't need to sell bitcoin, don't sell it until it reaches the peak refers to your perception, rather accumulate more coins into the wallet.
If you are a trader in order to maximize the profit, buy and sell at your will but don't regret the wrong-call that you may make.

FOMO is what we can say normal since many people doesn't want to miss the current market condition since they might think to earn when they buy at the current price but actually this action is dangerous if they didn't follow the market closely since any reaction might lead them to lose the opportunity to sell.

Although there's possibilities that we can reach to $250k as you said but it's quit high peak to reach, maybe the $100k for now is pretty reliable but first we need to see it reach at $50k so that we can assume that $100k price will be possibly gotten for this year onwards.

[inanilujimi]

In my personal opinion for now at a price of btc which is still under $ 40k I continue to buy to collect some satoshi, I personally believe btc will continue to be bullish until the end of the year, of course everyone has a different perspective to choose to buy or sell btc depending on research and needs.

[STT]

With this downtrend in play its reasonable to halt any buying but if it breaks the downtrend I would suggest you can take up some buying in a similar way to previous runs.   A break of 35385 on 4hr bars is a reason to be especially cautious and expect further downside, 34395 is low below as a further check to negative action.    I do expect those levels to be challenged later on today going into the week there is often turbulence.

[CryptopreneurBrainboss]

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?

Don't build the habbit of asking for suggestions from random users online especially when your finance in on the line. You'll get as many suggestions you can handle and probably this will affect your reasoning even though you just wanted the suggestion to compare with what you had in mind.  You should have had a strategy before now and if you don't, better start working on one before you fund yourself in similar situations tomorrow.

Before investing, know your exit point. Do note that, this can be adjusted as the months goes by. Probably your exit was at price that as a result is f the growth of the industry, it'll be foolish exiting the market at that point then you can increase (set new) target.

The market is still very bullish therefore it won't be advisable exiting the market right now. You should set your stop loss though at a price that it'll be comfortable for your taking profit at that price assuming the market was to crash suddenly.

[zanezane]

If you have been hodling around the 10k price point, I think that it is best that you harvest the bounty that you deserve for your patience. Constant hodling wouldn't get you nowhere but FOMO, remember that prices could go down and this is your chance to get a more than decent profit from your bitcoin. Buying at this moment with the current prices for long term is a good thing but remember to take out the other bitcoin that have been sitting there before buying a new one.

[Alpinat]

If you have been hodling around the 10k price point, I think that it is best that you harvest the bounty that you deserve for your patience. Constant hodling wouldn't get you nowhere but FOMO, remember that prices could go down and this is your chance to get a more than decent profit from your bitcoin. Buying at this moment with the current prices for long term is a good thing but remember to take out the other bitcoin that have been sitting there before buying a new one.

I agree, though the price could go up more but the best way for you to have some profit if you think that bitcoin price will go down is to sell some btc in your portfolio. In this kind of way, you will avoid having regrets if the goes down and also if the value goes up because you already have profit and then you also have some more in your portfolio right?
And for me before buying bitcoin at this moment is really good because the chances of it getting a pump are high because of this year's hype.

[exstasie]

If you have been hodling around the 10k price point, I think that it is best that you harvest the bounty that you deserve for your patience. Constant hodling wouldn't get you nowhere but FOMO, remember that prices could go down and this is your chance to get a more than decent profit from your bitcoin.

I would never judge someone for taking profit (that's their prerogative) but that kind of mindset is going to lose you coins over the long run. You'll greatly regret it. I did.

Being a Bitcoin early adopter is a once in a generation opportunity. This is not just another stock in your portfolio. You shouldn't be selling coins for a 2x or 3x. Not many of them, anyway.

If you can, you should be thinking about leaving BTC for your retirement, and your children's inheritance. Not flipping for a quick profit! Your kids and grandkids will not have this opportunity so you need to take it for them.

[KTChampions]

If you have been hodling around the 10k price point, I think that it is best that you harvest the bounty that you deserve for your patience. Constant hodling wouldn't get you nowhere but FOMO, remember that prices could go down and this is your chance to get a more than decent profit from your bitcoin.

I would never judge someone for taking profit (that's their prerogative) but that kind of mindset is going to lose you coins over the long run. You'll greatly regret it. I did.

Being a Bitcoin early adopter is a once in a generation opportunity. This is not just another stock in your portfolio. You shouldn't be selling coins for a 2x or 3x. Not many of them, anyway.

If you can, you should be thinking about leaving BTC for your retirement, and your children's inheritance. Not flipping for a quick profit! Your kids and grandkids will not have this opportunity so you need to take it for them.

This is a reasonable point of view, but somewhat naive. Tell me, how many people have you seen who not only think but also act for the future in 20 years? I think only a few. The vast majority of people do not do the obvious right things that will bring profit over the next 5 years, and you want them to think about grandchildren 

[exstasie]

Being a Bitcoin early adopter is a once in a generation opportunity. This is not just another stock in your portfolio. You shouldn't be selling coins for a 2x or 3x. Not many of them, anyway.

If you can, you should be thinking about leaving BTC for your retirement, and your children's inheritance. Not flipping for a quick profit! Your kids and grandkids will not have this opportunity so you need to take it for them.

This is a reasonable point of view, but somewhat naive. Tell me, how many people have you seen who not only think but also act for the future in 20 years? I think only a few.

Most people I know my age have a retirement account. They pay into it with every paycheck. They're planning for the future.

Unfortunately, the same people think BTC is like a get rich quick casino, to be flipped like a hot potato.

I'm sure this popular attitude will change in time as Bitcoin becomes entrenched in the financial system and acknowledged as a legitimate store of value asset. In the meantime, there's going to be a whole lot of tears after people sell their coins at these low prices and then watch the market go parabolic.

[Adamini]

Bitcoin is of great value to me, and I decided to hold on to it, and it is possible that I will realize some in a few years or decades

[KTChampions]

This is a reasonable point of view, but somewhat naive. Tell me, how many people have you seen who not only think but also act for the future in 20 years? I think only a few.

Most people I know my age have a retirement account. They pay into it with every paycheck. They're planning for the future.

Unfortunately, the same people think BTC is like a get rich quick casino, to be flipped like a hot potato.

I'm sure this popular attitude will change in time as Bitcoin becomes entrenched in the financial system and acknowledged as a legitimate store of value asset. In the meantime, there's going to be a whole lot of tears after people sell their coins at these low prices and then watch the market go parabolic.

In my country, the situation with pension savings is approximately the same, but in fact the state forces people to make these savings (which already in a certain way speaks of people's responsibility). As for regrets and tears, yes, many will remember how in the past they spent their assets on nonsense and to some extent deprived themselves of the future.