Should I sell or hold on my bitcoin?

[Atek33]

At the present time I want to tell you that you can hold as many bitcoins as you want because Bitcoin is one of the world's most popular currencies and Bitcoin I think everyone is using it now I think the price of Bitcoin is much higher now.  I think we need to wait in a very short time to be able to grow

[Maslate]

At the present time I want to tell you that you can hold as many bitcoins as you want because Bitcoin is one of the world's most popular currencies and Bitcoin I think everyone is using it now I think the price of Bitcoin is much higher now.  I think we need to wait in a very short time to be able to grow

That will be depending on your preference. Some did the long-term holding while the others are relying on the market trend in which they can sell anytime if they want. I do the sell anytime as well if I already hit my target.

I was learning from my bad experience last 2017 Bullrun, I was really in regrets not selling when it reaches almost $20k. I was still on hold because of some influence and overly thinking that it has gone too far, but unfortunately, the sudden drops give me a reason to sell at the declining trend. For this 2nd chance, I respect every up the market did and take the opportunity as well.

[South Park]

I feel by this time you will know what you would lose if you sell BTC in the short term. I give the same suggestion to anyone who's asking me this question.
Do you have a need for money or you just wanna sell BTC and hold cash..? If you are just going to hold the currency then better keep it in Bitcoin. The price will go up eventually regardless of what the price is right now.. So make a strong decision and just go with it.

I agree, unless you have some real need for cash at the moment it is better to keep your coins, yes I know that anyone that does it is taking a risk that the price goes down but that comes with the territory, that's why we are in this market, for the chances of seeing the value of our coins to go up and I really think that the chances right now are in our favour, so why should we get out of a position in which we have an advantage? That doesn't really make a lot of sense to me, but if some people want to sell their coins they can do whatever they want with their coins.

[citywise2]

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)

I found it missing, what was your drive in the first place for holding an wholesome portion because that should have taken care of most of your concerns raised! If you would be dancing to the rhythm of analysts and sites for what to do with your bitcoin, I think you have just missed the point.

[romero121]

Have a clarity. Just go for a partial selling. Even if the market pops up once again you won't experience a massive loss. You've requested for the suggestion by the month end of January. Now it is almost mid of February, till date if you haven't sold then you'd have recorded some good profit. If you're with fear then take away the profit.

Whatever might be, you have to decide according to your necessity and market prediction. Receiving suggestions is good, but the decision is all yours.

[FlightyPouch]

With the price getting better now, it is obviously good to hold your bitcoins but that doesn't mean that you can't sell either. Timing is one of the best ways for you to do both. There are times that we actually needed money and I've been there, we've all been there.

If you have nothing to do with that funds though, better keep on holding it. $50K is just around the corner. We are getting close.

[Sayeds56]

With the price getting better now, it is obviously good to hold your bitcoins but that doesn't mean that you can't sell either. Timing is one of the best ways for you to do both. There are times that we actually needed money and I've been there, we've all been there.

If you have nothing to do with that funds though, better keep on holding it. $50K is just around the corner. We are getting close.

True. It is not right time to sell BTC unless you need cash badly and there is nothing else to sell out. Technical charts are Bullish and if it breaks out from here then, according to Fibonacci Table next likely level is 50 to 51K and even it can hit 54 before we see any correction.

[Kocret02]

Have a clarity. Just go for a partial selling. Even if the market pops up once again you won't experience a massive loss. You've requested for the suggestion by the month end of January. Now it is almost mid of February, till date if you haven't sold then you'd have recorded some good profit. If you're with fear then take away the profit.

Whatever might be, you have to decide according to your necessity and market prediction. Receiving suggestions is good, but the decision is all yours.

sometimes it is not right to make a full sale or to hold completely because we don't know what the actual market conditions are like. must be smart in utilizing the market and know our assets to get a profit. so sell or hold is really your choice but you must be careful before choosing it

[FlightyPouch]

With the price getting better now, it is obviously good to hold your bitcoins but that doesn't mean that you can't sell either. Timing is one of the best ways for you to do both. There are times that we actually needed money and I've been there, we've all been there.

If you have nothing to do with that funds though, better keep on holding it. $50K is just around the corner. We are getting close.

True. It is not right time to sell BTC unless you need cash badly and there is nothing else to sell out. Technical charts are Bullish and if it breaks out from here then, according to Fibonacci Table next likely level is 50 to 51K and even it can hit 54 before we see any correction.

I am not worried about that correction though. For sure a lot of investors are waiting for that to happen so that they would be able to buy or reinvest. You never know when will the price dumps like that and since we are all talking about $100K now, for sure, they are all waiting for that window, for that chance to reinvest.

I think more and more companies/corporations would invest and follow Tesla so it is the best time to hold your bitcoin.

[Kelvinid]

snipped~

True. It is not right time to sell BTC unless you need cash badly and there is nothing else to sell out. Technical charts are Bullish and if it breaks out from here then, according to Fibonacci Table next likely level is 50 to 51K and even it can hit 54 before we see any correction.

I am not worried about that correction though. For sure a lot of investors are waiting for that to happen so that they would be able to buy or reinvest. You never know when will the price dumps like that and since we are all talking about $100K now, for sure, they are all waiting for that window, for that chance to reinvest.

I think more and more companies/corporations would invest and follow Tesla so it is the best time to hold your bitcoin.

Most, I mean, those who sell their Bitcoin earlier will do asking for the Bullrun to stop and reinvest again. It is kinda ridiculous but that is the reality now.

It is not guaranteed for the market to reach $100k but it close to the possibility that it has a huge correction someday. Those people wanting to get back in crypto for a cheaper price will have to keep an eye on the market coz that's still unpredictable. But, they should have to wait quite long as the current momentum still never changes.

[Sebas.tian]

Since many researchers has reviewed what will happen in this year 2021 concerning bitcoin price, that is making many people to start selling their coins hoping that the price of bitcoin will dump.it is good  hold your coins because this is just the beginning of bitcoin pumping.

If bitcoin can reach $50k in the second month of 2021, show that those trader that will hold up till June will really make a good income, when the price of bitcoin will be close to $100k. This year is a year of profit making for those who will not be in hast to sell their coins now because bitcoin pumping is heading to $100k before the end of the year.

[redsun114]

Have a clarity. Just go for a partial selling. Even if the market pops up once again you won't experience a massive loss. You've requested for the suggestion by the month end of January. Now it is almost mid of February, till date if you haven't sold then you'd have recorded some good profit. If you're with fear then take away the profit.

Whatever might be, you have to decide according to your necessity and market prediction. Receiving suggestions is good, but the decision is all yours.

And the decision must always be our own cause it gives satisfaction even if we end up profiting less than expected.

All the articles and news about Bitcoins are solely based on how the price is moving and hardly any news covers the real value and demand/supply of the Bitcoins which is what we all should be actually discussing. Pricing of Bitcoins is just an indicator which might be false too, about how much the demand and supply is for Bitcoins right now.

Imagine someone holding 50k Bitcoins or even more can create an illusion as if the supply is less while in reality it is just him freezing some coins to create that illusion.

[fullhdpixel]

That will be depending on your preference. Some did the long-term holding while the others are relying on the market trend in which they can sell anytime if they want. I do the sell anytime as well if I already hit my target.

Also depends on what the money you have invested in bitcoins means to you because someone who is making living out of trading has no option but to sell and buy again because they cannot block their funds as investment. While those who bought bitcoins with a sole purpose of investment might want to wait for an year or so to get the best value off their investment in bitcoins.

Remember guys this time not just bitcoin but every other coin and token is jumping to their new ATH which means the demand is literally increasing and its not because of some groups or individuals manipulating the market to later dump the market and cause a carter.

[FlightyPouch]

snipped~

True. It is not right time to sell BTC unless you need cash badly and there is nothing else to sell out. Technical charts are Bullish and if it breaks out from here then, according to Fibonacci Table next likely level is 50 to 51K and even it can hit 54 before we see any correction.

I am not worried about that correction though. For sure a lot of investors are waiting for that to happen so that they would be able to buy or reinvest. You never know when will the price dumps like that and since we are all talking about $100K now, for sure, they are all waiting for that window, for that chance to reinvest.

I think more and more companies/corporations would invest and follow Tesla so it is the best time to hold your bitcoin.

Most, I mean, those who sell their Bitcoin earlier will do asking for the Bullrun to stop and reinvest again. It is kinda ridiculous but that is the reality now.

It is not guaranteed for the market to reach $100k but it close to the possibility that it has a huge correction someday. Those people wanting to get back in crypto for a cheaper price will have to keep an eye on the market coz that's still unpredictable. But, they should have to wait quite long as the current momentum still never changes.

If that huge correction will happen, then I think it will happen for a short period of time. That kind of correction will be the ones that these people are hoping to happen. It is their chance to be able to reinvest or buy bitcoin since we will never know when will that kind of correction happens.

They should really keep their eyes on the market price. Bitcoin is so volatile nowadays and they might miss some huge opportunities.

[carlfebz2]

It depends on you which you can afford. If it is not urgent to sell then I must say to hold more and Hodl tight. Because we are seeing new ATH within a very short time and maybe we are going to see another big ATH in next week but anything can happen. Follow your own research first.

Yes you can hold but try to compared both things in terms of profitability level or amount.

Holding and trying to reach out 2x or several percentage into your coins or portfolio unlike if you do actively trade where you can even earn more than with that but of course
this one accompanied with risk but if you do want to play much safer then holding is ideal.

But if you are the ones who do like to enjoy profits in short time then you would need to deal with it.

[cloh76]

Isn't Microstrategy converting $900M to BTC today 2/19?

[South Park]

Since many researchers has reviewed what will happen in this year 2021 concerning bitcoin price, that is making many people to start selling their coins hoping that the price of bitcoin will dump.it is good  hold your coins because this is just the beginning of bitcoin pumping.

If bitcoin can reach $50k in the second month of 2021, show that those trader that will hold up till June will really make a good income, when the price of bitcoin will be close to $100k. This year is a year of profit making for those who will not be in hast to sell their coins now because bitcoin pumping is heading to $100k before the end of the year.

In my opinion it is very unwise to go against bitcoin especially during a bull run, there is a common saying that states that the trend is your friend and this is true in this market, going against the trend and tying to predict when the top is going to be reached is a useless exercise, anyone that sold their coins at the 50k level now is probably lamenting their mistake as bitcoin is growing once again and it is just a matter of time until we get to 60k, so it is better to keep our coins and only sell once it is completely clear the bitcoin market is crashing.

[coiner-88]

In the event that the cost will be low that time purchases and hold the bitcoin. At that point hang tight at the cost increment that time you sell or trade any coins. So check the market cost regular. I would exhort against selling, particularly now, since you'll have the option to sell at a more exorbitant cost soon enough. I wouldn't circumvent understanding expectations on the off chance that I were you, anybody can post anything.

[Spaffin]

I personally only hope for the long term perspective of my investment in Bitcoin. Of course, this year Bitcoin must definitely renew its maximum, but according to the statement of many analysts, Bitcoin can exceed its value several times in comparison with today's indicators and become a stable asset if its capitalization increases 20 times on average. I fully agree with this opinion and therefore I believe
that the future of Bitcoin depends not only on good news, but also on all investors, including each of us.

[blockman]

therefore I believe
that the future of Bitcoin depends not only on good news, but also on all investors, including each of us.

That will happen. It's more with the adoption and demand, whether there will be goods, bitcoin is still going to have its factor through fundamentals and the existing factors that are making its market move from time to time.
Good news is still going to affect the market but this time, there more good news than bad news because you see known companies invest in bitcoin.