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Author Topic: Should I sell or hold on my bitcoin?  (Read 9093 times)
harapan
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September 11, 2021, 06:31:36 AM
 #341

Selling bitcoin isn't a good option  in my honest opinion, because  the price of bitcoin always goes up after every fall, just check out bitcoin chart since it was created you will find out that it always goes up even if it dumps -90% in price, that alone should tell you to hold cause bitcoin will likely hit 100k in the long run maybe not this year but it will surely reach that price in the future, keep hodling you will reap the reward soon.

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September 11, 2021, 08:21:00 AM
 #342

It is your choice but i will advise you to hold your bitcoin for long term t for you to achieve something great from it. Since bitcoin price is not too stable enough to sell than to hold and watch when the price of bitcoin hit $60k soon. With the signs the market is developing right now, show that those who will endure will definitely smile.
Bitcoin price is still $43 to $45 which there is still hope that it will definitely increase to $64 before the end of the month.


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September 11, 2021, 03:22:33 PM
 #343

Selling bitcoin isn't a good option  in my honest opinion, because  the price of bitcoin always goes up after every fall, just check out bitcoin chart since it was created you will find out that it always goes up even if it dumps -90% in price, that alone should tell you to hold cause bitcoin will likely hit 100k in the long run maybe not this year but it will surely reach that price in the future, keep hodling you will reap the reward soon.
But your honesty is just a stranger's honesty, we don't have projectors that can transcend time and space to peek at what will be revealed, no matter what the future of bitcoin is or steadily increasing after every drop and even if your honesty comes from the most sincere, he should not delegate trust in such a way. A stranger can be neutral, but they can also be cruel to all as well as their ideas do not match with what is burning in his heart, neutrality easily contradicts the subject who is himself

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September 11, 2021, 10:39:58 PM
 #344

Selling bitcoin isn't a good option  in my honest opinion, because  the price of bitcoin always goes up after every fall, just check out bitcoin chart since it was created you will find out that it always goes up even if it dumps -90% in price, that alone should tell you to hold cause bitcoin will likely hit 100k in the long run maybe not this year but it will surely reach that price in the future, keep hodling you will reap the reward soon.
It is actually a good option if you've bought from the ranges of $3k-$40k. As long as the current price puts you in profit, it's a good option.

But what we're thinking is going long term with bitcoin and this is the reason why many of us are holding it. Even if we're already in profit, we don't want to sell because a potential bigger profit might come in the next few years.

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September 12, 2021, 12:45:29 AM
 #345

why sell if holding bitcoins can make a profit. remember, you have to be smarter in managing bitcoin, maybe now bitcoin is experiencing a decline, but in the future the bitcoin crypto market may increase.
"But in the future the bitcoin crypto market may increase"-- may increase. That means you are not sure about this. The price of Bitcoin may go down in the future.  The price of bitcoin is high enough now. So currently I am not inclined to hold Bitcoin. Because once the price of Bitcoin falls, no one knows how long we will have to wait to recover our loss.

If we look at the history of BTC, as time passes, the price is always much higher, since its history is like this, I usually see it from the point of view of the Wyckoff theory that is subdivided in the Accumulation Stage and Distribution Stage, where from my own experience I have ascertained that every 3 or 4 years is that the accumulation stage occurs and usually goes to the bullish trend and from then on any ocsa can happen, if it continues to rise or enters into re-accumulation stage, but the behavior of BTC so far, I have seen it behave that way.

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September 12, 2021, 08:20:11 PM
 #346

You can sell it only if your LIFE depends on it. Long term accumulating Bitcoin has made so many rich people.
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September 13, 2021, 09:54:36 AM
 #347

if you keep moving your money around to different coins thinking you made the wrong pick you will keep losing. this is about patience. if you are planning on switching your coin of focus then add more money to do so

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September 13, 2021, 02:10:25 PM
 #348

Selling bitcoin isn't a good option  in my honest opinion, because  the price of bitcoin always goes up after every fall, just check out bitcoin chart since it was created you will find out that it always goes up even if it dumps -90% in price, that alone should tell you to hold cause bitcoin will likely hit 100k in the long run maybe not this year but it will surely reach that price in the future, keep hodling you will reap the reward soon.
selling bitcoins can be done up to 20% of the profit if you have made a profit because this is to stabilize finances. if it stays in bitcoin too long I'm worried the money will stay in bitcoin. and if bitcoin goes up it will be profitable, but if it goes down it will be detrimental. and have to work hard to return the capital.
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September 13, 2021, 03:18:52 PM
 #349

before deciding to invest in bitcoin, of course, we will know that the price of bitcoin in the market can go up and down, and that can happen for a long time. if you really want to hold it then believe that tomorrow you will benefit from holding it. Personally I will choose to hold my bitcoin for a period of time until waiting for the price to rise and match. if I sell it when the market is down then that is can guaranteed that I will get a big loss.

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September 13, 2021, 05:24:42 PM
 #350

Selling bitcoin isn't a good option  in my honest opinion, because  the price of bitcoin always goes up after every fall, just check out bitcoin chart since it was created you will find out that it always goes up even if it dumps -90% in price, that alone should tell you to hold cause bitcoin will likely hit 100k in the long run maybe not this year but it will surely reach that price in the future, keep hodling you will reap the reward soon.
selling bitcoins can be done up to 20% of the profit if you have made a profit because this is to stabilize finances. if it stays in bitcoin too long I'm worried the money will stay in bitcoin. and if bitcoin goes up it will be profitable, but if it goes down it will be detrimental. and have to work hard to return the capital.
Depends on your target. If you are long-term investors, it's always brings you good results. Those who bought last 2017-18 and still holding their coins earned a lot. Even many said that $20K is the peak.

Everything inside here depends from how you deal your investment, daytraders or short-term scalpers might have the same mentality as you, but if you do want to maximize your generated profits, keeping your bitcoin and let this cycle to passed the market would be the best thing to do, bounce back will take place after this correction.

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September 13, 2021, 06:01:53 PM
 #351

Selling bitcoin isn't a good option  in my honest opinion, because  the price of bitcoin always goes up after every fall, just check out bitcoin chart since it was created you will find out that it always goes up even if it dumps -90% in price, that alone should tell you to hold cause bitcoin will likely hit 100k in the long run maybe not this year but it will surely reach that price in the future, keep hodling you will reap the reward soon.
selling bitcoins can be done up to 20% of the profit if you have made a profit because this is to stabilize finances. if it stays in bitcoin too long I'm worried the money will stay in bitcoin. and if bitcoin goes up it will be profitable, but if it goes down it will be detrimental. and have to work hard to return the capital.
Depends on your target. If you are long-term investors, it's always brings you good results. Those who bought last 2017-18 and still holding their coins earned a lot. Even many said that $20K is the peak.

Everything inside here depends from how you deal your investment, daytraders or short-term scalpers might have the same mentality as you, but if you do want to maximize your generated profits, keeping your bitcoin and let this cycle to passed the market would be the best thing to do, bounce back will take place after this correction.

Yup your target is everything. If you had your target then sell, don't wait for more. Haste only makes waste. I bought BTC when it was around 10k$ and quit when it was around 30k$. I don't have any guilt of selling so early, since I had achieved my target.
We also dont know whats absolute height and dip, thats why its important to set target and do the needful when you see ur target.

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September 13, 2021, 08:42:16 PM
 #352

I would say first of all if you have bitcoin then you must hold on Because various experts think that Bitcoin will be in the last one million dollars by the end of 2021Those who have given all these news till today have met the morning news target.That's why I say don't sell if you have bitcoin. Try to hold on as much as possible
No.

It's not $1M by the end of this year but it's $100k. Probably you've heard another prediction that's too much.

But it's $100k which is the price that's being predicted by many that shall happen this end of year.

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September 17, 2021, 05:09:03 PM
 #353

I would say first of all if you have bitcoin then you must hold on Because various experts think that Bitcoin will be in the last one million dollars by the end of 2021Those who have given all these news till today have met the morning news target.That's why I say don't sell if you have bitcoin. Try to hold on as much as possible
No.

It's not $1M by the end of this year but it's $100k. Probably you've heard another prediction that's too much.

But it's $100k which is the price that's being predicted by many that shall happen this end of year.

You are right in fact I think it is very possible because PlanB's S2F model represents the best of the most accepted prediction models in the Crypto world, in fact here you can show how it describes it:

Plan B's Stock-to-Flow Bitcoin Price Model 'Predicts $100K by Christmas,' S2F Creator Discusses 'Time Model'

Source: https://news.bitcoin.com/plan-bs-stock-to-flow-bitcoin-price-model-predicts-100k-by-christmas-s2f-creator-discusses-time-model/

I think that this model, despite being very precise and having both fundamental and technical analysis focused on it, has an expiration date, so it represents that it will not become an indicator or tool.

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September 17, 2021, 06:22:19 PM
 #354

Hold bitcoin,it will not go down. The reason why Bitcoin won’t go down is that Institutional investors with Billions of dollars are waiting for the dip. So whenever it dips, they start buying and take the price up again, only good part this time is that They are in this game for long term.

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October 18, 2021, 08:51:04 PM
 #355

Still have fund? If you aren’t at hurry, then let your assest leave for some more months for make itself bigger cause bitcoin industry is looking great for take position $62.5, even its possible to hit another ath milestone but you need to be careful also. Cause some people are also thinking that, this is bull trap before dump the bitcoin industry. So dont be wonder if you see such kind of dump is happening. So focus on those news too untill you hold you assets.

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October 18, 2021, 08:56:39 PM
 #356

Hold bitcoin,it will not go down. The reason why Bitcoin won’t go down is that Institutional investors with Billions of dollars are waiting for the dip. So whenever it dips, they start buying and take the price up again, only good part this time is that They are in this game for long term.
We cant really deny about this manner that institutional investors are really already on this market for a while but still on observation mode and doesnt put up funds in full swing.We cant really able to tell because
everything do happen behind the curtains but what tells us or shows us is on the volume involved which we can really make out some presumption.
Sell or hold your coin? Its up on someones personal choice because we dont know if they do need money on point or just totally some hunch on selling out but if you are a hodler
then its up to you.

R


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October 18, 2021, 09:16:23 PM
 #357

Still have fund? If you aren’t at hurry, then let your assest leave for some more months for make itself bigger cause bitcoin industry is looking great for take position $62.5, even its possible to hit another ath milestone but you need to be careful also. Cause some people are also thinking that, this is bull trap before dump the bitcoin industry. So dont be wonder if you see such kind of dump is happening. So focus on those news too untill you hold you assets.

Make sure not to let emotion leading you while working inside this market, if you still have spare money allowing the market to cycle gives you a chance to maximize your profits, make sure that while considering the potential there's also chances that early sideways will take place, use money that you are willing to let go, it will allow you to hold much longer.

If you are not willing to take the risk, it's better to sell when you have profits. Taking a small amount of earning is still better than losing your money while you are in this business.

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October 18, 2021, 11:38:16 PM
 #358

Still have fund? If you aren’t at hurry, then let your assest leave for some more months for make itself bigger cause bitcoin industry is looking great for take position $62.5, even its possible to hit another ath milestone but you need to be careful also. Cause some people are also thinking that, this is bull trap before dump the bitcoin industry. So dont be wonder if you see such kind of dump is happening. So focus on those news too untill you hold you assets.
It should be selling your altcoins for bitcoin.

As long as you're too optimistic for bitcoin then there's no reason to sell it just to have the other altcoins. But if you're selling because you need it and there's an important cause.

It's a thing that's no need to be questioned.

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October 18, 2021, 11:50:15 PM
 #359

Still have fund? If you aren’t at hurry, then let your assest leave for some more months for make itself bigger cause bitcoin industry is looking great for take position $62.5, even its possible to hit another ath milestone but you need to be careful also. Cause some people are also thinking that, this is bull trap before dump the bitcoin industry. So dont be wonder if you see such kind of dump is happening. So focus on those news too untill you hold you assets.
It should be selling your altcoins for bitcoin.

As long as you're too optimistic for bitcoin then there's no reason to sell it just to have the other altcoins. But if you're selling because you need it and there's an important cause.

It's a thing that's no need to be questioned.

I think there is still a chance for big gains for altcoins. Of course, I am in favor of buying Bitcoin, but I am also in favor of diversification. Despite the fact that I have great confidence in Bitcoin, it is much safer to invest in several places.

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livingfree
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October 19, 2021, 04:55:04 PM
 #360

Still have fund? If you aren’t at hurry, then let your assest leave for some more months for make itself bigger cause bitcoin industry is looking great for take position $62.5, even its possible to hit another ath milestone but you need to be careful also. Cause some people are also thinking that, this is bull trap before dump the bitcoin industry. So dont be wonder if you see such kind of dump is happening. So focus on those news too untill you hold you assets.
It should be selling your altcoins for bitcoin.

As long as you're too optimistic for bitcoin then there's no reason to sell it just to have the other altcoins. But if you're selling because you need it and there's an important cause.

It's a thing that's no need to be questioned.

I think there is still a chance for big gains for altcoins. Of course, I am in favor of buying Bitcoin, but I am also in favor of diversification. Despite the fact that I have great confidence in Bitcoin, it is much safer to invest in several places.
There is.

I'm not saying that there's no more chance to earn with altcoins. But in this case, it's better to have bitcoins than altcoins.

That has been proven and very effective at all because you're having the confidence that every bitcoin holder has.

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