Should I sell or hold on my bitcoin?

[Wulan_maniez]

Don’t panic about bitcoin’s decline now. Moreover, you say, if you sell it, you get a loss. That means you buy bitcoin at a high price. It’s already your risk if bitcoin declines because you buy at a high price. You don’t have to panic about selling. Wait until bitcoin goes up again. It takes time for that. So you have to control your emotions right now. This is important in investing and trading in crypto.

[maxreish]

It is significant to know your main purpose of holding.

Do you perhaps wanted to achieve enough profits and buy some things from that profit? Then there is an answer to that, hold longer. I think you are still new to this kins of investments. That's why you are kibda worried and panicking when bitcoin drops. You are not alone experiencing to be deficit when btc is falling. But there is akways an option to "hold".

You do not have to worry if you are a kong term holder, but if you can't patiently wait for your own bitcoin to atleaat pump and has a profit atleast, then it is you at the end who'll gonna decide.

[martina14]

You know what dude, if you are one of the Bitcoin believers or fanatic that it will reach 50k$ and up each,
I am pretty sure you won't sell it. but if you are encountering any a little bit worrying even you got at least earned on it,
Well, I think it is better to follow your will unlike you regret in the end. Now, the question is, are you happy in the profit
you get into bitcoin?

[peter0425]

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.

Use your Instinct and do not rely on people opinion because that is your Money and not theirs .

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.

Know what ? you are a dead Investor in this point  because the truth is ? you wanted to find answer that will fit your wanting and not a professional advise.
 

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)

Dump your coins and Get out of here , You have too much question but surely you are only looking for Merit and not a true investor.

[maydna]

You know what dude, if you are one of the Bitcoin believers or fanatic that it will reach 50k$ and up each,
I am pretty sure you won't sell it. but if you are encountering any a little bit worrying even you got at least earned on it,
Well, I think it is better to follow your will unlike you regret in the end. Now, the question is, are you happy in the profit
you get into bitcoin?

It will be different if he has urgent needs which need money because we need to fills that urgent thing with the money. There is no other way that we can do except selling some satoshi's that we have. Even if we are bitcoin believers, we need to know when we need to sell the bitcoin instead of holding it forever because I think we need to make money from bitcoin. What makes us feel happy is that the bitcoin price can jump to a high price in a short time.

But unfortunately, that will not happen in the near because bitcoin price needs to up and down, and even if the price can increase higher, the price will go down to adjust and gets more support so that the price can rise higher.

[Yamifoud]

I sell my Bitcoin for a reason because I need money for now...
I hold Bitcoin because I don't need it this time and I believe that Bitcoin will be more valuable in the future, so I wait that moment to come...

What is your purpose?
If you think that you are in profit this time and was enough for you, then make a decision to sell. But if you are still hoping for more, then make it hold and wait for the next Bullrun.

You will need to have a goal. Think that the price of Bitcoin is not stable but keeps swinging.

[worle1bm]

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)

See your decisions should not be influenced by others opinion as its wholly your choice whether you want to hold your Bitcoins or you want to sell them at the current prices.If you have got your satisfactory profits and you are willing to leave the market cashing out your return you are free to do so.But if you have not get your retuns you should hodl for long term as btc is undergoing a small correction due to which the prices are down (if you are not new you know the volatility factor and these are integral part of btc system) and in the long run price will surge to ATH again so you can have patience until that.

Some of the tips which might be useful for you:

- Be patient in crypto market if you want to get high profits without panicking
-Keep hold of your nerves without getting sentimental as you can loose all your funds in the market
-Be self dependent and take your own decisions considering market movements.

[ReiMomo]

This is a big problem to you because you don't fully understand Bitcoin and you don't know when to buy and sell, this can put you into a wrong place if you continue to ask the same question all over again. I suggest to make effort on learning the market, because if anyone tells you to sell and you follow it without any basis, then you'll lose money for sure so keep learning mate and don't ask the same question, improve your knowledge about bitcoin.

Actually, you can't predict the market price, and guessing where is the buying and selling point, it's hard to determine even you have done study the market, even experts will also experience failure in trading, in short, no one really knows.

My advice is, don't too much greedy if you are investing in bitcoin. Dont sell if your profit was not there because bitcoin remains the amount that you purchased and even how many years you will hold.

Should you sell? It's up to you. But remember always once your profit was there, its a time to harvest your ROI.

[sarmrakib]

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)

Just hold your Bitcoin, the price is low at the moment and I would advise against selling, especially now, since you'll be able to sell at a higher price soon enough. I wouldn't go around reading predictions if I were you, anyone can post anything. Bitcoin has shown that it has an upward pattern and always recovered from the depths.

If you really want to sell though (Supposing there's an emergency/you need cash), I'd advise you to wait a couple of days, see if the price recovers and then do what you think is best for yourself.

We all know that market is an uncertain place where anything can happen .You were saying thet it could be recover but it could be go more down as well .So that i wanna suggest if has got the enough profit he can sell if there is an emergency if not you always can hold your valuable asset and btc is always a valuable coin which can give you a good return.

[fahmimajannat]

Its on its high price ever.
So it is the time to sell btc. Sell when the market is on It's highest position. Buy when the market crashes. So it is the right time to sell and earn some cash.

[lahmacunkuregi]

If I were you, I would never sell my bitcoin unless I need money very urgently. I made that mistake once, and believe me, I'm so regretful, now I'm trying to collect it again and I will hodl it in my hand as much as I can.

[ScamViruS]

If I were you, I would never sell my bitcoin unless I need money very urgently. I made that mistake once, and believe me, I'm so regretful, now I'm trying to collect it again and I will hodl it in my hand as much as I can.

Everyone has their own different targets. An investor always wants to know how to make maximum profit. It is normal for everyone to learn from their past mistakes, now it is time to make sure that they do not make the same mistakes again. Like you, I made a mistake and lost my bitcoins, now I understand what I did wrong then. I started collecting bitcoin again from 2019 and now I am satisfied with the result.

In my opinion, a certain target should be set in advance to sell Bitcoin. By doing this you will be able to take your profit and buy again if the market trend changes.

[begau]

You shouldn't invest bitcoin when you have a feeling of fear or doubt. Bitcoin is volatile all the time but my advice is to hold or switch to ETH.

[JooBra]

You shouldn't invest bitcoin when you have a feeling of fear or doubt. Bitcoin is volatile all the time but my advice is to hold or switch to ETH.

From what i read between the lines it looks like he bought BTC really low and having it since then. I personally like to have diverse portfolio. So maybe some part of btc to invest in some other coins or stocks is not bad idea.

[hulla]

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.

The reason why the price of market keep falling is because we are currently in the market correction season and ought to have sell some part of your holding for Stablecoin during the $40K price range which you may now use now to buyback to maximize your holding.
Having said that, you can sell now and you may not cause the choice if yours but dont sell at lost price.

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.

Most analyst site etc spread fud information and it will be good if you improve your knowledge about crypto investment so you wont be mislead.

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?

As I said earlier, it not good to sell at lost price cause the market is still doing good and if the selling price is nor lesser than your buying price, you can sell 45% or less.

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)

No stock can give you the better profit Bitcoin will give you.

[Kelvinid]

You shouldn't invest bitcoin when you have a feeling of fear or doubt. Bitcoin is volatile all the time but my advice is to hold or switch to ETH.

From what i read between the lines it looks like he bought BTC really low and having it since then. I personally like to have diverse portfolio. So maybe some part of btc to invest in some other coins or stocks is not bad idea.

Exactly, everyone can make a decision and since we are old enough and know already in crypto maybe we can think about what is right and what is wrong. OP might be in trouble deciding which one to take but for sure as the market price rises, they sell some of his holdings which is the best idea. And a decision to move some of his profit to altcoins will be his other journey.

[famososMuertos]

Your true intentions depend on the only money you have, your bitcoin.

You are not on the right side of money to invest and you are not even close to being a hodl, you actually need your bitcoin in Fiat money.

One not should have "doubts" about what to do when he has money to "invest" and even more so when he has been advised and is well informed, the reason is simple, those bitcoin have never been an investment, they are your savings, they are your job. lifetime.

Anyway, you are looking for so many alternatives to get out of bitcoin in so many ways that you no longer trust it, but whatever, please do not sell all your bitcoins unless that is to change your present in a radical way to ensure your future.

[Kittygalore]

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

That could happen or that couldn't happen, the prices are still as volatile as it was back then and considering that OP has a considerable amount of bitcoin, I think that OP should consider selling. This will be a regrettable decision but if I were in that position, I would go for a safe play. But OP has to consider whether OP needs the bitcoin to be sold to supply OP's daily expenses, is bitcoin OP's only way to make this money? Does OP have another way to make money? Is OP's bitcoin really needed to be sold? If the OP were to ask these things and arrive at an answer that favors selling bitcoin, I think that OP should do what needs to be done and if not then might as well hodl, bitcoin has come a long way and has proven that bitcoin can reach limits and if you were to miss another ATH then you might not be able to forget about it for awhile.

[xodakovs]

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?

Bitcoin is definitely better than any other stock. I’d better hold it even for a long time, than sell it at a loss and buy some shitcoins. All niewbie traders want to become millionaires immediately, however in crypto it’s really necessary not to panic but to hold.

[kpierce77]

If you hold a large portion of bitcoin, maybe you can devided it as an option if you have faith in bitcoin and don't want to lose the opportunity in the stocks you want. This morning I saw the news released from Bloomberg that bitcoin might hit $50k in the future, who knows of course that's just a speculation