Should I sell or hold on my bitcoin?

[retreat]

<...>

I understand your feelings, I can only say, you must keep hold of your Bitcoin. in the last 24 hours the price of BTC has fallen by a few percent, you will lose if you sell now.

hold yourself, maybe in Q4 this year Bitcoin will be bullish again, that's your chance to sell.

[Kelvinid]

bitcoin holder should be proud with their investment, there are only 21 million coins  and never printed again. this assets was be very rare when completely minted and no more left.  in next several years bitcoin maybe will be most expensive assets ever, so selling it now to early. if we use this investment with free money ,our mental or psychology should be fine when we see its move with high volatility.

People are investing not because they will be proud of having Bitcoin in their hands, they are here for one reason, and that is to make money from their investment. It is a psychological instinct when it comes to investment and we keep this mindset forever. Those who sell their Bitcoin when seeing the market crash and those who are in a panic. Holders will take risks more than these people and they were able to wait when the market rallies back.

[LUCKMCFLY]

Here is my advice don't sell for lower price at least if you had bought higher price. Although if do you have bought btc in cheap price under $20k then welcome to sell and take your profits now. Actually btc ATH good move everyday so if you can take long time holding then you will receive good profits. Even you should analysis first then we will find a best decision. Otherwise if you would like important our decision then you can't make profits from crypto market.

That mistake of selling at a lower price had been done by too many panic sellers. They have been taken for granted because they rely on their emotion. They've thought that it's not going to last anymore and the favor is not with them. If they don't have to sell, they can hold until they can because that's the only thing that they have to do. You don't sell at loss and if you're at loss and you can see it with the value of bitcoin that you're holding, you only have to hold.

The fact of selling at a lower price is a mistake that is always made due to the panic generated by bad news, seeing that the price of BTC falls and others sell is what the whales are always looking for. This type of strategy has been on Wall Street since the 1800s, and they apply it to BTC.

There is something that everyone should know, $ 60k will not be the last ATH to reach, according to the S2F model it can go up to $ 100k, they even talk a lot up to $ 288k, when? It is not known, but if there is certainty that it will be given, with all this information it is enough to make Hodl to BTC. BTC has had a very good recovery, I think that at any moment it can go back to the $ 50k levels, when touching these values it is almost certain that the bulls will do their best to reach $ 60k, and from there it is likely that it can return to your ATH with the option to overcome it.

[Desscount]

If you have already profited from bitcoin in past, then it depends on your own choice but in my opinion HOLD is GOLD. You should hold it for a long term to gain a lot of profit, you just have to face some crash in nowadays market, but once it is stable, the price will go to the moon.

Holding on for the long term is not an easy thing I guess,
we really have to have patience but indeed by holding it in the long term it gives profit,
but again it all depends on each person's decision

[Kez1817]

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)

It's up to your decision if you are going to sell or hold your bitcoin. The market now is down which is good to buy more and not to sell. Whales are always waiting for weak hands to sell, so if you are going to sell now, whales will buy your bitcoins. If you believe in bitcoin , I'm sure you will choose to hold rather than selling at a red market.

[nowlscor18]

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

Yes, I agree. Bitcoin this time is undergoing it's process to increase their market price and also a brief correction on it. But, if you are already satisfied on your profit or if you already achieved the amount you wanted then, its up to you if you will sell or hold your bitcoin. The market price of bitcoin right now is too low for you to sell it. I suggest that you need to wait and be patient until the market price already increased. If you believe and trust bitcoin, I'm sure you will choose to hold rather than sell it in a lowest market price.

[enawati]

Never sell Bitcoin for loss because you will regret later. Bitcoin is good asset for long term investment, Bitcoin is digital gold and the market cap has potential as big as Gold. If you interesting to buy others instrument of assets is better doing diversification investment. Diversification is important to gain profit more consistently because the trend of bullish for each assets in different time. Sell Bitcoin for buy stocks is will not guarantee to recover loss.

[kapalmabur]

Never sell Bitcoin for loss because you will regret later. Bitcoin is good asset for long term investment, Bitcoin is digital gold and the market cap has potential as big as Gold. If you interesting to buy others instrument of assets is better doing diversification investment. Diversification is important to gain profit more consistently because the trend of bullish for each assets in different time. Sell Bitcoin for buy stocks is will not guarantee to recover loss.

That's right, especially considering the current market conditions, it's certainly not the right time to sell.
bitcoin for me is like a long term asset and every year at least its value always increases,
so it's better to hold on to it but again it all depends on each person's decision

[SacriFries11]

Its totally depends on you and your ability. If you are able to afford you losses in long time then you can hold it because crypto market never die so today or tomorrow you will get back more that you can't be expected.

There are times that we need to sell when the price goes down but we should nee to realize that if we sell it, we must guess that the price needs to dump more. This is to bring back the money that we lose in recent dump. The action before the dump is very important we must know when the price will go down or up. If our purpose is for long-term investment then selling is not the best option for it. More people engaging and panicking about the price of bitcoin might not come back again. Likely, it will back but I think in situation like this, I don't think it will get back to all-time high, unless a great big news that will shock the world to cryptocurrency will occur and rich people will jump in immediately.

[cheezcarls]

It really depends on you. After all, it's your BTC, so it's also your decision whether to sell or hold. The market is very unpredictable these days, so we don't know when exactly will Bitcoin go up or down. It can be bullish or bearish without warning, so it's really important that you should acknowledge and manage your risks.

[esrafil]

My recommendation is hold bitcoins and don't sell at low costs since in such a case that you sell at low costs you will just get misfortunes and disillusionment. On the off chance that the cost will be low that time purchases and hold the bitcoin. Then at that point sit tight at the cost increment that time you sell or trade any coins. So check the market cost regular.

[ahoenk]

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)

Look at the price growth the whole year. And how much is your entry prices ? As long as it is below $20k you are good to hodl it untill next halving. I bet this cycle if we are going down or entering bearish market. We will never see below $10k again just like 2016-2017 when we can reach $18k then we enter bearish year as low as $3k not even touch $2k anymore.

[Sayeds56]

My recommendation is hold bitcoins and don't sell at low costs since in such a case that you sell at low costs you will just get misfortunes and disillusionment. On the off chance that the cost will be low that time purchases and hold the bitcoin. Then at that point sit tight at the cost increment that time you sell or trade any coins. So check the market cost regular.

I would certainly recommend to hold bease current market situation is very Bearish and more than 55% down from its ATH price. It will definately go Bullish as it happened in the past many many times. Bitcoin always breaks its ATH record after having passed through huge correction process.

[DarkDays]

If you have already profited from bitcoin in past, then it depends on your own choice but in my opinion HOLD is GOLD. You should hold it for a long term to gain a lot of profit, you just have to face some crash in nowadays market, but once it is stable, the price will go to the moon.

although it has made a profit in the past but the potential for bitcoin is very good in the future and now I think is the right time to buy bitcoin in large quantities at low prices and hold until normal prices

That sort of spirit and enthusiasm is what most BTC believers have. It seems that holding might be the better approach rather than selling now for little profit. BTC is emerging as a currency as the digital version of gold and this is relatively a new concept that many people start realising, so in wake of this new wave of believers it might be good to HODL for now.

[blockman]

Buy and Sell defended on some matter.
If you think,

Its value will not increase

It will not exist in the future

Prices may fall further

Do not want to keep hold for a long time

then sell your bitcoin.

If you think,

Its value will increase future

Keep hold for long time

Prices may increase further

then don't sell your bitcoin.
Now Its your own matter for thinking.

Just do not sell it and we're already facing that it's one of the best assets in the entire human kind. From its inception, bitcoin had already given us some great gains through its ATHs, and as well as those times that we have bought it on its dip.
The prices have fallen from the last ATH yet it had left us another good price and many of the holders are still in the profit. If somebody had bought it during the dip which was $29k and then held it for a while, he's already in profit. Just hold it short or long term.

[BitTraderCute]

for long term investment purpose holding bitcoin in a must for me . I am just looking bitcoin price every 4years after halving , and it make me more confidence to hold it . Personally i am passed the last bearish trend that happen in 2017 2018, so current trend doesnt make me worry at all.  But remember, accumulating will be good stratety at this moment, buy on low and sell it when rise will make our coins amount increase.

[Sayeds56]

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

True. This is highly precious Digital asset and worth holding for long and long time. Imagine when all 21 Million Bitcoin would have been mined and no more Bitcoin will be supplied by Miner for sale in the Market , then where its Price will go. Correction is a temporary phase and it will be over soon and massive breakout is expected that can take it to new ATH.




https://www.tradingview.com/chart/BTCUSDT/i1YvAGJq-Bitcoin-BTC-June-28/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish

[BuNga_cute]

for long term investment purpose holding bitcoin in a must for me . I am just looking bitcoin price every 4years after halving , and it make me more confidence to hold it . Personally i am passed the last bearish trend that happen in 2017 2018, so current trend doesnt make me worry at all.  But remember, accumulating will be good stratety at this moment, buy on low and sell it when rise will make our coins amount increase.

I agree that what happened in 2017/2018 has provided valuable lessons for all of us, that there is no need to worry about the falling Bitcoin price.
Because our patience will be tested, who is able to be patient with the current conditions, then the person will enjoy the results in the future.
So the best decision is that we have to collect Bitcoin from now on, don't sell Bitcoin if it's not for an urgent need.

[maisao1991]

Have you ever thought that when investing to buy BTC, your first thought is to make a profit, right? . I will ask questions for you to ask yourself and you will decide to sell or not to sell.
. What is your purpose of buying BTC?
. Need money for urgent expenses right now?
. Do you intend to invest BTC long term or not?
In this market, if you are not calm enough and have a cool head, you will never be a winner. Please believe and wait patiently, good things will come to you.
As for you want to sell BTC to invest in promising new stocks, I just give your opinion and the rest is up to you to decide. If I were you, I would sell 1/3 BTC or 1/4 something to invest in a small amount, divide assets to invest because if BTC goes to $ 100k at the end of the year, you will really regret it. or if that new stock goes up in price you will regret it again, i think this is my own solution.

[nowlscor18]

Buy and Sell defended on some matter.
If you think,

Its value will not increase

It will not exist in the future

Prices may fall further

Do not want to keep hold for a long time

then sell your bitcoin.

If you think,

Its value will increase future

Keep hold for long time

Prices may increase further

then don't sell your bitcoin.
Now Its your own matter for thinking.

Just do not sell it and we're already facing that it's one of the best assets in the entire human kind. From its inception, bitcoin had already given us some great gains through its ATHs, and as well as those times that we have bought it on its dip.
The prices have fallen from the last ATH yet it had left us another good price and many of the holders are still in the profit. If somebody had bought it during the dip which was $29k and then held it for a while, he's already in profit. Just hold it short or long term.

Yes, I agree, selling your cryptocurrency at this time is very wrong. When you take risk on selling it at a low prices then you might regret the high market price soon. The prices have fallen and might some cryptocurrency had help us gain good profit and always left us good prices even this time. Holding it is a right choice for now but its up to you if you sell it, yes you can gain a profit but in a very low prices. I suggest holding it for a long term because it surely give you a great profit that you won't expected. Learn to wait, be updated and always do research.