Should I sell or hold on my bitcoin?

[hulla]

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.

Some analysts can be funny sometimes with their false predictions and statement about the Bitcoin market. I agreed that Bitcoin can exceed its existing value on several occasions but it can never be a stable asset. Every asset that is a product of speculation will never be a stable asset now or in the future.

[kawetsriyanto]

If you are not really sure to hold all your Bitcoins, you can sell some of them. But I suggest to buyback once the price is dropping. Actually, the value of Bitcoin is always growing from one halving to another halving. So, if you have a plan to make big profits in the next halving with your current Bitcoin, you can hold them for the long-term assets. However, if you want to buy on the next bearish and take profits in this bullish, you can buy some of your Bitcoin.

[mattcabi]

My opinion you should sell,  because eventually the bitcoin should go to zero.
I have not talked much about it,  until today.  The thing that made me decide
to take a side in this is a report I read on it by a very famous economic analyst.

Here is my review of the report put out by
Jim Rickards on the bitcoin, edited and
shortened, pump and dump, is what the
basic scheme is:

Bitcoin is a classic bubble like many bubbles,
but most bubbles had relatively little outright
fraud.  In contrast, the Bitcoin bubble is based
almost entirely on fraud. when this bubble
bursts, the damage may be even greater and
the value of Bitcoin may disappear entirely.

Here’s how the fraud works as described in
this legal notice from the New York State Attorney
General.

A company called Bitfinex sponsors
a cryptocurrency called Tether. This crypto
is a so-called “stablecoin.” This means
that the value of one Tether is fixed at $1.00.
When you buy a Tether for $1.00, the money
is supposedly held in safe liquid assets. When
you cash in your Tether, you should receive
$1.00 in return (less small transaction costs).
No one has been able to locate the liquid assets
that supposedly back Tether.

Tether claims that its dollar reserves are  
in a Bahamian bank named Deltec Bank & Trust.
But independent research revealed that the
assets claimed by Tether exceed the total
U.S. dollar assets of the entire Bahamian
banking system.

Research showed that those who buy Tether use
them overwhelmingly to buy Bitcoin from unregulated
crypto-exchanges based in Africa and Asia.

These exchanges offer leverage and often award
“free” Tether coins for those who bring in new
customers. These Tethers have been used to bid
up the price of Bitcoin and create the bubble.

The dollars supposedly backing Tether are
unaccounted for.

When this scheme collapses bitcoin and tether
values will collapse quickly. Tether would be
unable to redeem retreating Bitcoin investors
(because of the unaccounted-for liquid assets).
The Tether crooks would walk away with dollars.

The prices of Bitcoin and Tether will collapse
catastrophically, Bitcoin holders will walk away
empty-handed.

[goldade]

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)

One of the major factors that affect when to sell an asset, bitcoin in this case, is selling it at a price higher than the cost price so as to make profits.
Since the funds you invested in bitcoin are mainly for investment purposes because you said you were going to sell your coins to invest in a stock, I'd advise that you still hold to your coins for some time.
Secondly, I think you should not bother with analysts and the predictions they make. Many analysts have wrongly predicted the price of bitcoin over the years in that it'll go down only for bitcoin to disappoint them every time

[MiningBattalion]

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)

One of the major factors that affect when to sell an asset, bitcoin in this case, is selling it at a price higher than the cost price so as to make profits.
Since the funds you invested in bitcoin are mainly for investment purposes because you said you were going to sell your coins to invest in a stock, I'd advise that you still hold to your coins for some time.
Secondly, I think you should not bother with analysts and the predictions they make. Many analysts have wrongly predicted the price of bitcoin over the years in that it'll go down only for bitcoin to disappoint them every time

The Indian government's intent to prohibit private cryptocurrencies, like Bitcoin, has spooked the existing cryptocurrency holders in the country. Finance Minister Nirmala Sitharaman on Tuesday said that an inter-ministerial committee has suggested ban on private cryptocurrencies in India, except any virtual currencies issued by state. Though there is lack of clarity, but the industry experts believe these are serious challenges.

[Review Master]

If you are not really sure to hold all your Bitcoins, you can sell some of them. But I suggest to buyback once the price is dropping. Actually, the value of Bitcoin is always growing from one halving to another halving. So, if you have a plan to make big profits in the next halving with your current Bitcoin, you can hold them for the long-term assets. However, if you want to buy on the next bearish and take profits in this bullish, you can buy some of your Bitcoin.

Indeed, it's best way to maximize profits from bitcoin and bitcoin is a great assets to get returns even if anyone buy that in any altseason. Halving is a major events for bitcoin as price of bitcoin is needed to pump to maintain the profitability of miners. So, buy bitcoin into correction and hodl or sell until next ATH or bull run. TBH, bearish season is a great time to grab more bitcoins and better to divide portfolio into two or three parts to reserve some funds for next bearish season.

[emmybd]

If you have bought bitcoin some time ago, then I suppose you have made good profits, as the bitcoin price has constantly increased over the past few months. If that is the case, then it shouldn't be a problem for you to sell it now. Over the past two weeks or so, we have seen a lot of fluctuation in the price. So when the price comes down quite a bit, you can buy it again. If you have bought recently and haven't made profits yet then you can continue to hold.

[carelessboy]

now market  okk. sell your Bitcoin if you in profit. Because we know bitcoin up so much high. 2021 big year for crypto currency. this market is very risky for new investor and holder . sell your bitcoin i hope again you can buy bitcoin low price .

[bitterguy28]

If you need no to spend then why sell your bitcoin ? those who sells their bitcoin is only in 2 part, either They are in panic or they wanted to make easy money.

which are you there?

now market  okk. sell your Bitcoin if you in profit. Because we know bitcoin up so much high. 2021 big year for crypto currency. this market is very risky for new investor and holder . sell your bitcoin i hope again you can buy bitcoin low price .

So you mean that you are not selling your? is that what this mean?

[LUCKMCFLY]

It is difficult to give advice at the moment, if you have Bitcoin for investment and to live, it is obvious that you should withdraw a little for your needs, but I recommend that you can save as much bitcoins as possible for yourself, it has been proven over time that Bitcoin is valued much more, no matter that the price goes down, it is a safe investment.

Microstrategy even though its shares are down 50%, it bought a lot more bitcoins! Ignoring all the bad news about Bitcoin and all the possible FUDs, around $10 million more has been bought, if the big boys do it and you have confidence in Bitcoin, why not trust Bitcoin investment?

[blockman]

now market  okk. sell your Bitcoin if you in profit.

Sell for profit and buy back for stacking again.

Because we know bitcoin up so much high. 2021 big year for crypto currency. this market is very risky for new investor and holder . sell your bitcoin i hope again you can buy bitcoin low price .

Not for holders like me. I've experienced several downs and that didn't move me but made me stronger and more patient with all of the bearish turns that the market we've been with.

[Question123]

Investors choice if the bitcoin they keep is going to sell or is still holding because we are different possible prediction of the bitcoin. If you think it's time to sell you can do that if you want safe just sell the others and the rest wait until the price will go rise again because that is the investors do they did not sell all the bitcoin or coin that they have once it's very high because they chances the price will become higher.

[Innerpumper]

although there are many articles that analyze bitcoin out there I think it comes back to you. What do you think of the future? have you also seen some bitcoin leaders, such as CZ and Elon Musk? if you already feel confident bitcoin will enter the bearish market in the near future you can sell it. However, if you are sure you can hold it.

[chikading2016]

although there are many articles that analyze bitcoin out there I think it comes back to you. What do you think of the future? have you also seen some bitcoin leaders, such as CZ and Elon Musk? if you already feel confident bitcoin will enter the bearish market in the near future you can sell it. However, if you are sure you can hold it.

Well i think it depends on the lemit that you have set or depends on your calculation and trust on bitcoin. If you buy bitcoin on last year 2018-2019 while bitcoin price is on dip i am sure that you have gain a big profit if you sell it this time. But as what i have said it depends on the lemit if you have trust that bitcoin will rise in the next few months then you can hold it and earn more.

[Negotiation]

Bitcoin's price will rise further so it is better to hold on than sell those who held on earlier have made a lot of profit but the market imposition will go upwards the demand for bitcoin investments is increasing. Therefore thinking about the future holding on will lead to further development we have to move forward believing how much will go next.

[fahmimajannat]

Its better to sell.
Because bear market is going to hit. So i think its better to exchange all of Your tokens in usdt.
And invest wisely. Try to analyze the market so that you can take decision whether you should hold or not. But from my opinion you should sell.

[Ibrahim60]

If you badly need money or something like that then you can sell bitcoin. But in my thinking Bitcoin price will increase more. Because this price is now volatile. In my opinion Bitcoin price will hit $60k in then middle of this year. So don't be paniced and wait some more days for making a good profit.

[Ziskinberg]

If you are satisfied enough with your profit, why not? Have you ever think that Bitcoin will reach $60k or $100k? If yes, then hold.

It matters on you and what you like you do with your capital because I sell it already and I have to buy again as the dumps (even short dumps) have come.

Sometimes we've been fooled by too much confidence that Bitcoin will go higher just like what we do last 2017. Not, we have the best opportunity, better not to lose the chance again.

[TimeTeller]

Your concern is very simple, if your having a problems about your Bitcoin holdings even it is a little bit doubt, I think better for you to sell it.
Because holding Bitcoin in the long term is the one who is willing to wait for more than 6 months or years. And Bitcoin no doubt is really good for the long term hold.

Wonder if the OP already sold his bitcoin or not?
Because you can easily ask that question here, but at the end of the day, it is you, who can finally decide what to do with your bitcoins.
What are your goals for this bitcoin investment, is this for short-term or long-term?
If you want to sell, better sell it higher than your buying price, so you are not in the negative side of profit.
Bitcoin is a solid one as compared to thousands of alts. But it is all on you, how you will strategize to optimize your profits.

[blockman]

If you badly need money or something like that then you can sell bitcoin. But in my thinking Bitcoin price will increase more.

It will increase more, more than the ATH that we saw $58k. But you said it correctly that if you're in need and in a bad situation, you have to take care of yourself by selling it. But if you have other options instead of selling bitcoin, choose to sell your alts.

Because this price is now volatile. In my opinion Bitcoin price will hit $60k in then middle of this year. So don't be paniced and wait some more days for making a good profit.

Bitcoin was been volatile since it has started.