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Author Topic: Should I sell or hold on my bitcoin?  (Read 9097 times)
LUCKMCFLY
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March 08, 2021, 02:49:02 AM
 #181

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.
Wise words, when we think about last bitcoin ATH and the current price, and seeing some revealing news that many institutional investors are interested in continuing to buy Bitcoin, apart from talking about a price wall that is above $ 50k, this is Notorious, however, you must be cautious in the movements, if you sell Bitcoin and then it reaches a new ATH you will have missed a historical event and the opportunity.

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March 08, 2021, 03:07:16 AM
 #182

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.
Wise words, when we think about last bitcoin ATH and the current price, and seeing some revealing news that many institutional investors are interested in continuing to buy Bitcoin, apart from talking about a price wall that is above $ 50k, this is Notorious, however, you must be cautious in the movements, if you sell Bitcoin and then it reaches a new ATH you will have missed a historical event and the opportunity.

Fast forward, same deal if te value experienced heavy correction and you are still holding your assets, you'll be stuck and you need
more patience  waiting again for the bounce.

Bad thing to happen, once you'll see your asset's value is falling and  fear inside you win the very chance that you'll follow those fuds
and eventually you'll find yourself losing opportunities and much worse losing part of your first investment instead of making something decent.

Planning and sticking with your goals remove regrets while journeying to this business.

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March 08, 2021, 04:11:53 AM
 #183


While some people are quitting smoking just so they could use the funds to buy BTC you on the other hand are about to sell?

Hold your BTC tight it could be your most prized possession right after the pandemic. Many of the early investors already regret selling it cheap and now they are trying to invest again for a price they thought wouldn't even be possible. Its 50k for now but it won't be long we'd be breaking another ATH.

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March 08, 2021, 05:47:58 AM
 #184

Yes, the market is looking good for anyone trader that wish to sell bitcoin right now because the price of bitcoin will dump soon. This season we are is not for holding bitcoin than to release to market for sale so that the person will be part of this profit that is going round the market.
Many traders are still doubting the season we are, if to sell or hold for future in case the price of bitcoin change in the market. According to some researcher who really view the market very well came to discovered that the price of bitcoin will dump to $20k before the end of this week. This is the right time for real trader to smile with their trade in the market so that they will not experience negative result from their trade.

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March 08, 2021, 09:44:02 AM
 #185

My recommendation is hold bitcoins and don't sell at low costs, since, supposing that you sell at low costs you will just get misfortunes and dissatisfactions. 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 ordinary.

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March 08, 2021, 09:55:17 AM
 #186

Hope that Armani123 at least reads posts in topics that he created. Otherwise what is the point of creating them, asking for an advice and makes a statement, get hundreds of comments and leave everything.

So Armani123 hesitates, hold bitcoin or not. He hasnt mentioned how long he has been holding it already and at what price he bought his bitcoins. If he is holding for few months, than I would suggest keep on doing it. If he has been holding for few years and now fear of fomo - sell part and it will calm you down.

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March 08, 2021, 11:01:33 PM
 #187


While some people are quitting smoking just so they could use the funds to buy BTC you on the other hand are about to sell?

Hold your BTC tight it could be your most prized possession right after the pandemic. Many of the early investors already regret selling it cheap and now they are trying to invest again for a price they thought wouldn't even be possible. Its 50k for now but it won't be long we'd be breaking another ATH.
Well said, bitcoin is on the bullish trend. Right now it is good to hold the bitcoin than selling. As said it is good to spend on bitcoin avoiding the unwanted expenses. Surely the market is gonna reach $100k and high with time. More and more ATH are to be reached in the upcoming months. So, holding is the better choice than selling it.

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March 08, 2021, 11:32:02 PM
 #188

If I read your review, when you wrote this thread on January the 24th you were still in a losing position, I don't know what price you bought bitcoin for.
But if you haven't made a profit, no one advises you to sell your bitcoins, because  you  haven't  made a  profit  yet. If you  stick to it, and haven't sold
your bitcoin, now you've made a lot of profit. And I'm sure bitcoin will continue to rise.

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March 09, 2021, 02:58:12 PM
 #189

If I give my personal opinion, I will suggest you to sell your bitcoin now and buy some potential coin with lower price. After some days when price drops, then you will be able to buy bitcoin again.

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March 09, 2021, 10:04:22 PM
 #190

While some people are quitting smoking just so they could use the funds to buy BTC you on the other hand are about to sell?
The situation of everyone varies. Some do that to get some bitcoin and when he has enough cash value with the bitcoins he's holding, he will eventually going to sell it too just as op and the others asking whether to sell it today or soon.

Many of the early investors already regret selling it cheap and now they are trying to invest again for a price they thought wouldn't even be possible. Its 50k for now but it won't be long we'd be breaking another ATH.
I'm one of those investors that have sold it cheaply, I do somehow regret it but only for those sales that I've made with no purpose. But if it has a purpose, that's a good sale.

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March 09, 2021, 10:34:41 PM
 #191

If I give my personal opinion, I will suggest you to sell your bitcoin now and buy some potential coin with lower price. After some days when price drops, then you will be able to buy bitcoin again.

The risky thing about this movement is that bitcoin can rise to a new ATH, if that happens the Altcoins fall in price because they will not want to miss the movement of Bitcoin, today it reached $ 54k, it is very possible that it will continue to rise in price, you see You have to wait a bit to be able to have benefits, institutional investment is becoming present, there are also new investors who are putting their money in Bitcoin, I would really trust Elon Musk, Microestrategy that despite their shares are falling, they have bought Bitcoin and they continue to buy, if they do it is because they have a high belief index that it will continue to rise and a lot.

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Questat
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March 09, 2021, 11:12:43 PM
 #192

This topic is very similar to this forum because they have a lot of people who are undecided of what they do to their bitcoib that they keep. But for the longterm it will be good and you will gain more profit to this coin after few many years of holding the bitcoin.
Selling bitcoin is up to you because what ever you decided to your bitcoin you get benefits from this or you lost profit.
Yeah, I'd sometimes ask myself if I hold or not. We are now reaching $40k, really tempting but what if by tomorrow it reaches $60k.

Now I realize that if we are watching the market trend every day, every hour, or every minute the more it drags us to sell. This why many investors were not able to hold but tempted to sell because they always do the price checking. I suggest that,  if we are decided to hold for 5 years, then we have to check it 5 years from now then.

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March 10, 2021, 07:17:15 AM
 #193

It's time to strong hold. Why we are selling Bitcoin as it is a valuable asset? It will hit 2x-3x price from the current price and for a great pump, we should wait for this situation. Don't sell at this time and if possible buy some more bitcoins for more profile.
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March 10, 2021, 08:04:56 AM
 #194

It's time to strong hold. Why we are selling Bitcoin as it is a valuable asset? It will hit 2x-3x price from the current price and for a great pump, we should wait for this situation. Don't sell at this time and if possible buy some more bitcoins for more profile.

I agree, better not to sell right now. Over the last several months the price dropped a few times 10-15% but always recovered. Right now BTC is close to 55,000 USD again. For me it is also a strong hold. I would rather sell some alt coins instead of BTC, probably also because I have so little. If I had 10+ BTCs I would maybe sell 10% or so, but not right now.
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March 10, 2021, 01:44:20 PM
 #195

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 question has been posed for quite some time, but I hope you have made a good choice to keep bitcoins in check for a long bull run and not throw your computational effort into the hole while selling them.  In fact, many speculations are true given the strong support of bitcoin from the participating financial institutions.  It is the vision and adoption of innovation that has caused the price of bitcoin to go beyond the form of payment.  Bitcoin has become the most valuable tangible asset.  In your situation, in my opinion it's just a hold or cut loss.  But always prevail in this trend.  If you see that bitcoin plummeted to $ 44k by the end of February but the effect is still strong after the correction, then the value is already close to hitting the ATH level earlier.

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March 10, 2021, 07:43:35 PM
 #196

Nowadays Bitcoin is growing more and more so I suggest you don't sell it untill it reaches above 60K $ or you can wait untill 70K$.
More plans of selling when it reaches $100k.

I am sure in the last of this year Bitcoin will approximately 100k$. So I can only give you suggestion. Now it's your choice, you want to sell or hold.
Sell some and hold some. That could be the best decision that one holder can think of. It's very tempting to sell but what's the purpose of your holding and at which price you'll sell some? a sell that's necessary and no regrets after being done.

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March 10, 2021, 11:49:32 PM
 #197

The first thing I need to know, when do you buy bitcoin? if you buy Bitcoin for 20k or 10k you have managed to have more profit than you think, because Hold is what the experts say! But if you buy at a price of more than 50k, and you want to hold for a long time, I suggest not , because the price of Bitcoin could dump again to 20k or 30k, keep playing smart, don't be careless to buy.

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March 10, 2021, 11:52:41 PM
 #198

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)
Hodling is not for the faint of heart, and whenever you are hodling there's no point changing tons of sites for market price predictions or whatever, you have to buy and hold without thinking of selling anytime soon, but as for your case it seems it's different, anyway the choice to sell your bitcoin is totally up to you, if you feel you can't wait for the price to pump or skyrocket in the future  then yeah go ahead and dump as long as you are in profit, it's your crypto do whatever you wish with it.

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March 11, 2021, 02:21:24 AM
 #199

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)
Hodling is not for the faint of heart, and whenever you are hodling there's no point changing tons of sites for market price predictions or whatever, you have to buy and hold without thinking of selling anytime soon, but as for your case it seems it's different, anyway the choice to sell your bitcoin is totally up to you, if you feel you can't wait for the price to pump or skyrocket in the future  then yeah go ahead and dump as long as you are in profit, it's your crypto do whatever you wish with it.
It really depends on the hand of the holder if you think your hands is not that strong to hold maybe you need to sell your bitcoin holding this time, specially when you purchase your bitcoin last year where bitcoin is not to high at price, i believe that theres already an earnings or profit as well, but if you think you can hold for so many years then hold for it, because i believe that the bitcoin will soon rise.

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March 14, 2021, 08:05:39 PM
 #200

If you are not in need for money don't sell BTC. Just hold it will keep growing in price. Every day we see more institutions investing in it so it will grow over the longer period of time.
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