Fredomago
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June 28, 2021, 11:31:12 AM |
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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. patience is being test from those who really understand how the cycle works from this industry, the market still down from the last time high but likewise, it will bounce and bring very decent amount of benefits for those who are willing to wait and patiently wait for their money. Invest when you have that skills and knowledge with particular asset that you place your money, trust and enjoy the fruit of your hard work when the market start to move according to your target.
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blockman
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June 29, 2021, 08:03:28 PM |
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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. Just don't sell when you're at loss and if you think that there's more to go for bitcoin, no worries but hold it. Many people are worried about such drops and that's making them lose more profit because they're ticking their emotions and makes them lose a lot from what they've understood from the market. But that understanding is giving them the wrong decisions because they still lack the experience that's needed by them to thrive on bitcoin's market. If you happen to be here for years, you'll understand that such drops are part of the growth that's about to come. HODL it if you're a firm believer of Bitcoin and it won't just end with its last ATH.
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BigBos
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July 01, 2021, 05:32:10 AM |
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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.
Yes, that's the most appropriate. at this point, we can say that you need to hold it until the bitcoin price reaches $100k. although we believe it, but we do not know when it will happen. personally, if i had bitcoins, and had no special needs, i would continue to hold them. maybe in the near future, the price could be even higher. however, we have different circumstances. So, adjust to what you need and think.
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BuNga_cute
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July 01, 2021, 10:09:52 AM |
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~
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. patience is being test from those who really understand how the cycle works from this industry, the market still down from the last time high but likewise, it will bounce and bring very decent amount of benefits for those who are willing to wait and patiently wait for their money. Invest when you have that skills and knowledge with particular asset that you place your money, trust and enjoy the fruit of your hard work when the market start to move according to your target. Many people lose patience with the current market conditions that have not yet recovered. Therefore, as you said, in the end only people who understand how the crypto market works can be patient. I've made a number of profits from investing in Bitcoin, so I think it would be foolish to sell Bitcoin in the current situation. Because I am optimistic that Bitcoin will be able to go up again, so I just need to be patient holding the Bitcoin I have, to be able to feel the profit from Bitcoin.
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Tumanggor
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July 01, 2021, 01:41:30 PM |
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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.
CZ's sentence is very clear "you will not get rich if you cant hodl" the market is sideways and maybe this will last for the next few months if you sell now then you will not feel the opportunity to profit in the next bullish hodl your crypto until you really feel a big profit, don't be easy to sell and then run away
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dota2bestplayer
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July 08, 2021, 02:50:29 AM |
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I don’t think you need to worry at all. For now, it must be a long-term holding of Bitcoin. Don't sell at a loss. You must stand the test. It reserves generous rewards for those who are prepared and truly trust Bitcoin. What was the purpose of OP buying Bitcoin at the time? Certainly not the idea of selling at a loss. If you want to support that new stock, you can reduce your investment and try, but I think it is unwise to sell Bitcoin at a loss.
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John Jefferson
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July 08, 2021, 08:07:16 AM |
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Any investment has a certain risk. I have seen many people regret selling bitcoin during a sharp decline, and then wait for the next big rise, and then buy it back. They will always be affected by market sentiment, since If you choose to invest in Bitcoin, you should believe that holding it for a long time will bring you huge wealth, rather than dumping your Bitcoin because of FUD.
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Karish2return
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July 09, 2021, 03:40:02 AM |
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If you don't wait for a long term and you think that there are another coins which can give you a lot of profit as compared to bitcoin in short period then you can sell it but if you can wait for a long time and you need a huge profit then should wait and be calm.
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Prettyjing34
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July 09, 2021, 03:49:34 AM |
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If you think that the price of Bitcoin will get lower and lower in the future, and if you sell it now, your profit is not a loss, you can sell your Bitcoin, but I suggest you keep your Bitcoin first. Because the price of Bitcoin will definitely rise, you must be patient. You can wait until the price is high before you sell your Bitcoin.Sell or keep holding, it all depends on you.
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ROBERT B
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July 09, 2021, 05:53:02 AM |
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Do you understand that new stock? If you have enough funds, you can invest in that new stock and continue to hold Bitcoin. If you don't have the funds, and you think that new stock can bring you profits, then you can sell your bitcoins.
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Liamttw
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July 09, 2021, 06:40:34 AM |
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Bitcoin is more suitable for long-term holding. Don't be affected by price fluctuations, hold Bitcoin for a long time, and then sell it when you make a profit. The total amount of Bitcoin is fixed, and now the consensus on Bitcoin is strengthened, and people's demand for Bitcoin is also increasing. Bitcoin is still in a bullish trend, so it is very likely that the price of Bitcoin will continue to rise.
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kapalmabur
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July 09, 2021, 09:08:11 AM |
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If you don't wait for a long term and you think that there are another coins which can give you a lot of profit as compared to bitcoin in short period then you can sell it but if you can wait for a long time and you need a huge profit then should wait and be calm.
For me bitcoin is a long term asset and if you look at the graphs of bitcoin at least every year they go up, bitcoin is very good for long term investment and indeed to hold it requires patience, related to selling or continuing to hold it all depends on each person's strategy and decision
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breathlessz
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July 09, 2021, 02:20:40 PM |
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If you don't wait for a long term and you think that there are another coins which can give you a lot of profit as compared to bitcoin in short period then you can sell it but if you can wait for a long time and you need a huge profit then should wait and be calm.
For me bitcoin is a long term asset and if you look at the graphs of bitcoin at least every year they go up, bitcoin is very good for long term investment and indeed to hold it requires patience, related to selling or continuing to hold it all depends on each person's strategy and decision bitcoin will go up at any given time, but we can't be sure it will rise every year. For example, in 2019 there is a decrease from 2017. The best thing in my opinion is that we must know the right time to buy and sell it. if we know to buy when the price is $4k and in 2021 we sell it at $60k, then that's where we can maximize profits. and we can buy again at the current price and wait for the bullrun to come back
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wahyu wida
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July 10, 2021, 04:13:21 AM |
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for now I think it's better to keep it. unless you sell it when the price peaked yesterday, maybe we will get the maximum profit, and now is the right time to buy back. but if we didn't take profit yesterday and still hold it today, then the best option is to hold it until the bullish trend occurs
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Kittygalore
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July 10, 2021, 04:30:39 AM |
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for now I think it's better to keep it. unless you sell it when the price peaked yesterday, maybe we will get the maximum profit, and now is the right time to buy back. but if we didn't take profit yesterday and still hold it today, then the best option is to hold it until the bullish trend occurs
That depends I mean what if OP suddenly needs a money for an emergency and the prices are down real bad, would hodling still be the best option? I think that it still depends on what they are going to do and what situation they are in and if OP has extra money to spend on emergency then hodling is the best option.
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Caldear
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July 10, 2021, 05:56:00 AM |
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The short-term price of Bitcoin fluctuates too much, and it is easily influenced by emotions to chase up and down. Bitcoin is suitable for long-term holding and can increase its value to protect against risks. For most people, it is possible to invest in Bitcoin several times in a small amount according to market conditions to diversify the risks caused by currency price fluctuations and avoid selling at low prices.
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lightning0
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July 10, 2021, 07:20:29 AM |
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If you don't have your own investment philosophy and principles, no one can help you. Your current problem is also something I have experienced. This feeling is very uncomfortable and I am very eager for others to help you make decisions. Investment will be risky, and good asset allocation will not have this anxiety. Bitcoin is undoubtedly the most correct choice that needs to be maintained for a long time.
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kram31
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July 10, 2021, 03:50:32 PM |
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If you really that money for a very valid reason you should go for it dude. Who knows that you need it for emergency purpose, but if not. And you think that you can still find a way to resolve the problem I think better to hold it still. Hope you get what I'm trying to emphasize here.
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Sirait
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July 10, 2021, 04:17:46 PM |
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for now I think it's better to keep it. unless you sell it when the price peaked yesterday, maybe we will get the maximum profit, and now is the right time to buy back. but if we didn't take profit yesterday and still hold it today, then the best option is to hold it until the bullish trend occurs
bullish trend will definitely happen again so hold is the wisest choice right now. I'm sure there are many who sell their Bitcoins when the price hits the lowest price in the last 2 months. if you are not a trader, selling too often is bad behavior, just be a holder in the sideway market.
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LUCKMCFLY
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July 10, 2021, 07:02:51 PM |
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At this time when there is so much uncertainty, I do not recommend selling BTC at all, the last movements have been oscillating by lops $ 32k to $ 34k, although it quickly tested the levels of $ 34k this means that the BTC bulls are about to eliminate the offer in Those price levels, if they achieve it we can see a safe growth up to $ 40k, I think that the plan of the bulls is to bring BTC to the levels of $ 60k without any type of risk, that is, if it rises to $ 60k no make it easy for the bears to lower it to $ 30k or less, this will take some time, because investor movements usually take a considerable time.
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