Should I sell or hold on my bitcoin?

[Patigi]

It all depend on you but for me I will hold because I just bought my some months ago and I have not make profit to my satisfaction that is reason why I want to hold til Bitcoin reach $80k because I  have  much believe that it will pump more.
If you are financially okay for now I will advise you to keep patient and hold for short period of time again, but if you have make some profit and you have satisfy will it you can sell but this is right time to hold.

[1715421854]

1715421854

[1715421854]

1715421854

[Cornia]

Bitcoin broke its previous ATH today. I think it will pump more and I think next stop is $1M. So we should hold bitcoin. Let's wait to see the new ATH record of bitcoin.

[ReiMomo]

BTC will reach more this year crossing current ATH occured today. I am planning to invest as much as I can in the coming months. Like saving, will invest 50$ to$60 either every week into either on Bitcoin or any other crypto currencies. 

Or sell them off if you have bought the coin very cheap and you feel the current growth is sufficient enough in taking your profits.

[Sayeds56]

Hi Everyone, I have a dilemma since I am holding an wholesome portion of bitcoin. With all the speculation going on in the market I don't know whether to sell or hold on my bitcoin. I've been wanting for more than a week to see if bitcoin's price improves, but it is only falling more and more.

I've gone through dozens of analysts' blogs, websites, market cap sites, price prediction sites, and all the important bitcoin market sites to find the right answer. But I am still unsure.

So, can anyone please tell me if I should dump my bitcoins with some losses (selling at lesser price than the buying price), or should I hold on to it?

There is also another reason. A promising stock just opened up. So should I sell my bitcoins and but the new stock that I'm interested in?

Viketo Sumi (Armani123)

Please hold your Bitcoin, it is digital gold , hedge against inflation , its price can go up beyond your thinking  and don't feel sad when Bitcoin price goes down. history has shown again and again that Bitcoin Price always goes up more after every decline in price. Correction in trading is a part of the game, it always happens when market is overbought and same thing happens when Market is oversold.

[rodskee]

Hi Everyone, I have a dilemma since I am holding an wholesome portion of bitcoin. With all the speculation going on in the market I don't know whether to sell or hold on my bitcoin. I've been wanting for more than a week to see if bitcoin's price improves, but it is only falling more and more.

I've gone through dozens of analysts' blogs, websites, market cap sites, price prediction sites, and all the important bitcoin market sites to find the right answer. But I am still unsure.

So, can anyone please tell me if I should dump my bitcoins with some losses (selling at lesser price than the buying price), or should I hold on to it?

There is also another reason. A promising stock just opened up. So should I sell my bitcoins and but the new stock that I'm interested in?

Viketo Sumi (Armani123)

Now this thread is again alive because the price made a best movement making another ATH.

if you had Held your coins up to now?


https://coinmarketcap.com/currencies/bitcoin/

Then  you should be celebrating a more than 130% income lol.

from more than 20k now at 66k , Imagine hoe huge profit that is for just 10 months?

[Rehan Zakir]

don't panic and don't worry bitcoin is only undergoing a brief correction. My advice is hold bitcoins and don't sell at low prices, because if you sell at low prices you will only get losses and disappointments

You are giving a very good advise. Hold bitcoin for next 10 years then see the results. If we see the history of bitcoin, before 10 years bitcoin price is in few cents but now 1 bitcoin price is near to 65000$. So, if you are a very early holder then you have earned huge money from bitcoin. So, hold bitcoin for the next 10 years. Analyst says that bitcoin price will cross 200,000$ in the next few years. So, hold it brother.

[sulendra12]

I know the thread was made in January, 2021 and the price was lower than today. Just compare the price between January to October is almost 100% increase which is really insane. So, if you are still struggling to choose between hold or sell then the answer is already there. You shouldn't sell your Bitcoin if you don't need that money urgently, let that Bitcoins sit there and keep adding up the Bitcoin because the potential still exists.

[dustboy]

I know the thread was made in January, 2021 and the price was lower than today. Just compare the price between January to October is almost 100% increase which is really insane. So, if you are still struggling to choose between hold or sell then the answer is already there. You shouldn't sell your Bitcoin if you don't need that money urgently, let that Bitcoins sit there and keep adding up the Bitcoin because the potential still exists.

Not selling bitcoin if we do not need money urgently is good decision but we also need to be realistic with the situation. I'd prefer to sell some if the price is increased significantly even though I do not need that money urgently, I call this as taking profit while there is a chance.

[onecall123]

I know the thread was made in January, 2021 and the price was lower than today. Just compare the price between January to October is almost 100% increase which is really insane. So, if you are still struggling to choose between hold or sell then the answer is already there. You shouldn't sell your Bitcoin if you don't need that money urgently, let that Bitcoins sit there and keep adding up the Bitcoin because the potential still exists.

Not selling bitcoin if we do not need money urgently is good decision but we also need to be realistic with the situation. I'd prefer to sell some if the price is increased significantly even though I do not need that money urgently, I call this as taking profit while there is a chance.

Yeah, that's still a good explanation. The average people loses money on trades because they need the money immediately and cannot wait for the price to bounce back above the price at which they bought. I would also prefer to sell if the price goes up 2-3x times. Pull out your initial investment and then play with money you don't own. This is the best strategy!

[Nhor1011]

It depends on your decision and capability to hold for long term. If you don't need to spend your bitcoin then you can hold it. But now bitcoin reached its ATH which is good to sell if you are already in profit. There is no need to become greedy because we don't know what will happen in bitcoins value tomorrow or in some other days.

[Furious 7]

~~

Not selling bitcoin if we do not need money urgently is good decision but we also need to be realistic with the situation. I'd prefer to sell some if the price is increased significantly even though I do not need that money urgently, I call this as taking profit while there is a chance.

Yeah, that's still a good explanation. The average people loses money on trades because they need the money immediately and cannot wait for the price to bounce back above the price at which they bought. I would also prefer to sell if the price goes up 2-3x times. Pull out your initial investment and then play with money you don't own. This is the best strategy!

As long as there is a profit then we should be able to take that opportunity unless you hold it for the long term, so what I am based on is when I have a profit of a few percent and this is enough for me then I will sell it no need to wait for a high time because normally it will be greed and make loss too.
Personal finance as well as investment money, I will always be distinguished and this should not be an urge someday because what is needed of course must be the result of profits, so I manage my finances as best I can so as not to interfere with investing in crypto.

[smartaction]

Bitcoin price now up to $60k. You should hold btc coz btc will reach $100k soon. Keep holding hardly. if you have some money for run your daily life. Then don’t think about sell btc.

[Anguwa]

Hi Everyone, I have a dilemma since I am holding an wholesome portion of bitcoin. With all the speculation going on in the market I don't know whether to sell or hold on my bitcoin. I've been wanting for more than a week to see if bitcoin's price improves, but it is only falling more and more.

I've gone through dozens of analysts' blogs, websites, market cap sites, price prediction sites, and all the important bitcoin market sites to find the right answer. But I am still unsure.

So, can anyone please tell me if I should dump my bitcoins with some losses (selling at lesser price than the buying price), or should I hold on to it?

There is also another reason. A promising stock just opened up. So should I sell my bitcoins and but the new stock that I'm interested in?

Viketo Sumi (Armani123)

The result of every patience is always good and yield success. Bitcoin is the most trusted cryptocurrency token of all time, if all altcoins will be pumped and bitcoin dumped, I still have that trust in bitcoin because of its volatility. Holding Bitcoin always yield profit, so do not panic and sell keep holding your bitcoin and you will appreciate it letter.

[livingfree]

Bitcoin price now up to $60k. You should hold btc coz btc will reach $100k soon. Keep holding hardly. if you have some money for run your daily life. Then don’t think about sell btc.

The question was made before bitcoin reached $60k.

But it's what everyone is speculating about that we might see bitcoin goes $100k very soon. It could be by December or not but that's all predicted earlier.

We're not just sure if that prediction will happen anytime soon.

[Iceblast]

Bitcoin price now up to $60k. You should hold btc coz btc will reach $100k soon. Keep holding hardly. if you have some money for run your daily life. Then don’t think about sell btc.

crazy prediction of bitcoin reaching ahga $100k is realistic, maybe the best target in the near future is $70k bitcoin. I think this is realistic and hold bitcoin or a larger collection so that it can be one of the quickest profit boosters

[willhuber]

Depends on the strategy you are using, and your risk appetite.

[nur rochid]

Bitcoin price now up to $60k. You should hold btc coz btc will reach $100k soon. Keep holding hardly. if you have some money for run your daily life. Then don’t think about sell btc.

crazy prediction of bitcoin reaching ahga $100k is realistic, maybe the best target in the near future is $70k bitcoin. I think this is realistic and hold bitcoin or a larger collection so that it can be one of the quickest profit boosters

a realistic target in my opinion, bitcoin will reach a price of $100k. but it would be unrealistic to do so in a relatively short time. Of course, there will be waves in bitcoin's movement, and there will be a correction after it reaches saturation point, and that's the nature of the market as I know it

[blackened515]

Holding your Bitcoin won't be a bad idea. We are experiencing Bitcoin price rising lately, and it currently trading at about $62k. Although, if the OP feels he/she has made some profit, it is advisable to sell some portion of it. It won't be nice selling and probably losing from your investment because of lack of patience.

Bitcoin price now up to $60k. You should hold btc coz btc will reach $100k soon. Keep holding hardly. if you have some money for run your daily life. Then don’t think about sell btc.

With the present condition of Bitcoin, IMO, there are possibilities that Bitcoin might reach $100k, however, I think that will definitely happen anytime sooner. Nevertheless, we should understand that is all predictions, and it may or may not happen.

[Hobo66]

I have a piece of advice for you: never sell your coin at a cheap price while purchasing at a high price. you should have to wait for the value of your bitcoin to increase. Because you will lose money if you sell bitcoin for a low price. You should be a little more patient at this point, since if you don't, you'll lose money but never receive anything. The price of bitcoin is projected to skyrocket in the foreseeable future.

[Sebas.tian]

Now that the price of bitcoin is about to decrease to $30 it will be better you sell now that the price is still $59k to enable you prepare more for the future. If you sell your coins right now, you have no regret about such decision than to be part of those investors that will be thanking God for the great opportunity.
Now there are many signs in the market that bitcoin price will not increase higher before the end of this year 2021. Bitcoin coin is seriously doing well in the exchange market, that is making investors to release their coin for sale to make a reasonable profit from their investment.