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Author Topic: Should I sell or hold on my bitcoin?  (Read 9118 times)
dotcoin.info
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July 10, 2021, 10:13:38 PM
 #261

It all depends on your plans for your bitcoins. If you believe in bitcoin and believe that its price will continue to rise in the future, then I see no reason for you to sell it now.
Are you a trader? If not, then there is no need to worry even if the price of bitcoin drops in the next few years, it is important whether you believe in the global growth of bitcoin in the future.

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July 11, 2021, 01:18:52 AM
 #262

Don't have to hesitate, try to convince yourself and be more confident in holding on, because everything is not over yet, opportunities are wide open, it's just that you have to have a sense of patience with strong optimism. Try to get rid of worries, make the investment not just one or 2 weeks, make it a long term that doesn't need to think about the short term and be affected by the declines price movements in the near term.
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July 11, 2021, 10:59:15 AM
 #263

It all depends on your plans for your bitcoins. If you believe in bitcoin and believe that its price will continue to rise in the future, then I see no reason for you to sell it now.
No need to sell if the actual plan is to hold for a long time.

Where are the moon boys at? aren't we forgetting those lambos and moons? I haven't seen them lately and it's already probably forgotten that it's the actual reason why we're holding bitcoin.

Sell if you have a reason to sell but if not, don't sell.

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LimLims
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July 11, 2021, 03:54:42 PM
 #264

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.

Yes that’s what the OP needs to understand.
I have already said and still claiming if you can manage your expenses then don’t sell.
But yes if the OP is in some sort of emergency and need immediate funds and no option to sell, then just sell it.
Else if you can risk a bit more, you can lend some money by keeping those coins as collateral which can be used later on.
But at last the decision always depends on the OP.
Hope OP we community helped you a bit.

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XUNing
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July 12, 2021, 01:49:39 AM
 #265

You can choose whether to continue to hold Bitcoin according to your needs.
If you need money urgently, you can sell a small amount of Bitcoin first when the price is right. If you have enough funds, you can continue to hold Bitcoin. Don't be afraid of falling Bitcoin prices, this is a normal fluctuation of market conditions. With the increase in recognition and demand for Bitcoin, long-term holding of Bitcoin will result in a certain profit.
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July 12, 2021, 11:45:07 AM
 #266

My honest opinion is that Bitcoin still hasn't got to its purest form and price therefore wherever you buy, hold or sell, Bitcoin is going to move up in the future. There is still a lot of integrations and usage implementations are going on, like El Salvador is implementing BTC as a means of currency so with time the price will go up.

In the bright side of  perceptions Bitcoin still have lots of room to grow.

The value this year jumped high to its new ATH and then fall back giving opportunities to those newcomers who also wanted to invest around. Keep your money where your knowledge is residing, knowing the types of your investment and make sure to continue following the development.
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July 12, 2021, 11:54:00 AM
 #267

It depends on you until when you can hold your coins some people will say hold your bitcoin until another all-time high some says sell your bitcoin because it's already on the top and if you want to get a profit to sell it immediately. Holding bitcoin gives you different emotions and thoughts if you want to sell or not. As long as your mental and physical can handle the different instances that will come on the market. No matter what they say at the end of the day the decision is yours if you want to sell or not.

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kapalmabur
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July 12, 2021, 03:11:09 PM
 #268

My honest opinion is that Bitcoin still hasn't got to its purest form and price therefore wherever you buy, hold or sell, Bitcoin is going to move up in the future. There is still a lot of integrations and usage implementations are going on, like El Salvador is implementing BTC as a means of currency so with time the price will go up.
At this time it seems you can say the price of bitcoin is experiencing a correction,
so indeed we can see currently the price of bitcoin is falling and the price of other coins is the same,
With this I don't think there's a better choice than to hold on
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July 12, 2021, 06:23:15 PM
 #269

Only you can decide if it is worth holding. No one here knows the future. Believers will tell you to hold. Unbelievers will tell you otherwise.
Research about the project and its development team. Assess the potencial of their technology.
Get as much information as you can and make your own decision.

Sayeds56
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July 14, 2021, 05:12:41 AM
 #270

My honest opinion is that Bitcoin still hasn't got to its purest form and price therefore wherever you buy, hold or sell, Bitcoin is going to move up in the future. There is still a lot of integrations and usage implementations are going on, like El Salvador is implementing BTC as a means of currency so with time the price will go up.
At this time it seems you can say the price of bitcoin is experiencing a correction,
so indeed we can see currently the price of bitcoin is falling and the price of other coins is the same,
With this I don't think there's a better choice than to hold on

True. The Bitcoin is range bound and has passed through massive correction since many weeks and no one knows how long it will continue before it bounces back. Having said, I would still suggest to hold it because it is precious digital asset and it will certainly come out of this bearish cycle and make new ATH. It happened many times in the past and will continue happening in future, as well

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July 15, 2021, 06:55:35 PM
 #271

i know there is a term when a person get attracted to new things  and that is what your feeling right now  but later on you will regret and say that you shouldnt sell your btc to buy it.
 that was new and its reputation is nothing when compare to btc  .
you read  different sources of btc and you still dont know what to do?  how come when all of them supposed to suggest you to hodl in tough times.
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July 16, 2021, 11:12:35 AM
 #272

Keep holding your BTC. BTC will surge higher again soon.
Watch the video below and learn how to trade the dip. This video will be helpful.
https://youtu.be/_Y9qnsV3Mms
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July 16, 2021, 03:18:58 PM
 #273

I think if one is going to sell it's prudent to do so when the price is at a peak, not like it is now - at a bottom.
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July 16, 2021, 03:54:34 PM
 #274

I think if one is going to sell it's prudent to do so when the price is at a peak, not like it is now - at a bottom.

This is the general rule that it is easier said than done.

Like in stocks, there are certain indicators that will help you arrive at a decision whether to sell/purchase more BTCs in the process. But before you arrive at a decision, always be definite. Only purchase BTCs that you are willing to lose in the process. You can also sell 60% of your BTCs the moment you arrive at profit and keep the remaining 40% for long-term investment.

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July 16, 2021, 11:58:25 PM
Last edit: July 17, 2021, 12:17:36 AM by Helpme_please
 #275

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 dissatisfaction. On the off chance that the cost will be low that time purchases and hold the bitcoin. Then, at that point hang tight at the cost increment that time you sell or trade any coins. So check the market cost regular.
bitcoin and cryptocurrency future still look soo brigth now , alot finance institution allow their customer investing in crypto market. Huge money will come from this institution and drive most cryptocurrency. Bitcoin price year by year still show the strengthness even alot fud suffer. Actually we miss huge opportunity if selling our crypto assets today.
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July 16, 2021, 11:58:57 PM
 #276

Bitcoin holding and selling depends on completely market situations. If you think market fully hyped and your investment already given you benifits then you should sell Bitcoin and otherwise you should hold bitcoin longer periods.
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July 16, 2021, 11:59:12 PM
 #277

Keep holding your BTC. BTC will surge higher again soon.
When? There is no certain time for the next pump. No one knows the BTC price will increase again or never increase again this year.
Keep holding is a good strategy, but selling is also not a bad decision. I am not holding all my Bitcoin, I keep selling a small number sometimes. It makes me get USDT to buy altcoins in a cheap price right now.

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July 17, 2021, 03:53:55 AM
 #278

Keep holding your BTC. BTC will surge higher again soon.
When? There is no certain time for the next pump. No one knows the BTC price will increase again or never increase again this year.
Keep holding is a good strategy, but selling is also not a bad decision. I am not holding all my Bitcoin, I keep selling a small number sometimes. It makes me get USDT to buy altcoins in a cheap price right now.

there's really no such thing as a bullrun imminent. but I'm sure one day it will happen again. therefore I personally keep the bitcoins I have, as long as I don't have an urgent need. On the other hand, to maximize profits, we can give some potential altcoins, and I did that from the results of this bounty.

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July 17, 2021, 02:48:18 PM
 #279

Keep holding your BTC. BTC will surge higher again soon.
When? There is no certain time for the next pump. No one knows the BTC price will increase again or never increase again this year.
Keep holding is a good strategy, but selling is also not a bad decision. I am not holding all my Bitcoin, I keep selling a small number sometimes. It makes me get USDT to buy altcoins in a cheap price right now.

- Yes, quite a lot of people like to convince others, talk about the coming bitcoin pump and the opportunity as we maintain our holdings while they don't have an exact scale or timeline, it's similar to ways of advertising a product without any knowledge of it, only exaggerating results and feasibility but after completing such responsibilities, a warranty card for customers almost does not appear. Convince others that it is necessary to submit detailed plans down to the numbers, it is impossible to talk about theory and feasibility


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July 17, 2021, 04:28:59 PM
 #280

I think if one is going to sell it's prudent to do so when the price is at a peak, not like it is now - at a bottom.
But it also depends on the situation.

If the person witnessed the peak and didn't sold and now that he's about to sell, there might be an important reason why he's about to do that. Even if the price became lower but if he's still in profit as he sell, that's what matters.

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