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Author Topic: Should I sell or hold on my bitcoin?  (Read 8979 times)
xmonkeyx
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July 17, 2021, 04:47:15 PM
 #281

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.
That's right, we don't know when the exact highest price will be. if you look at the price of bitcoin now it will be very high when compared to the price of bitcoin last year. but if you compare it to last month, of course the price at that time can't be said to be a high price.
it all depends on the price when you buy bitcoin, if the price is high and you have made a profit of course there is no problem if you want to sell it. but if you want to hold it longer, of course there will be possibilities for the future, the price could be higher or just the opposite.

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July 17, 2021, 06:04:40 PM
 #282

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.
With the current conditions the crypto market is going down it's much better to hold on to it,
this is the right time to do that and if we sell it right now it will most likely be a loss,
So stay patient, wait for the market to rise again and wait for the right time to sell

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July 17, 2021, 06:40:59 PM
 #283

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.
With the current conditions the crypto market is going down it's much better to hold on to it,
this is the right time to do that and if we sell it right now it will most likely be a loss,
So stay patient, wait for the market to rise again and wait for the right time to sell
Basing on technicals then its really somewhat a bad idea to sell now since the support is on 30k and we are nearly there and instead of selling then better to look for buying opportunity

but of course we dont know if there would be some breakouts to happen which it would really be ending up for you to leave on the negative side but well, we dont know on what would happen
next if we wont try.

Its up to you still on what would you gonna do into your coins in the end of the day.

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July 17, 2021, 07:18:49 PM
 #284

If you bought it with money you could afford to lose, then simply hodl. If you bought your coins with money that's needful to you and either you've got an emergency or it is a very hefty amount and you're in less loss, then you may sell it. There are many analysts saying BTC to be reaching a new ATH of over $100k this year itself, but I believe they're only selling nonsense and I don't think there's any such chance because institutions won't let retailers play it like that and the interest has also turned into fear here, so I believe there can be some more downturn here for BTC.


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July 17, 2021, 07:35:36 PM
 #285

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.

It doesn't look like it's going to happen anytime soon. I have a relatively small amount of BTC, since I invested most into yield mining, however, I don't see much point in selling any BTC now, unless you're a daily trader. I'll keep on holding, hoping that in a couple of months, the price surges to high levels and increases in value.

It's possibly a decent time to step back and observe the market, there might be other opportunities that might have gone unnoticed.

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July 17, 2021, 10:03:23 PM
 #286

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.
That's right, we don't know when the exact highest price will be. if you look at the price of bitcoin now it will be very high when compared to the price of bitcoin last year. but if you compare it to last month, of course the price at that time can't be said to be a high price.
it all depends on the price when you buy bitcoin, if the price is high and you have made a profit of course there is no problem if you want to sell it. but if you want to hold it longer, of course there will be possibilities for the future, the price could be higher or just the opposite.
Yes. It's higher compared to last year.

So if you've bought last year and missed the ATH but you want to sell, you have to consider that you're still in profit.

But if you don't like that then there's nothing we can do from your situation.

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July 17, 2021, 11:50:38 PM
 #287

therefore I personally keep the bitcoins I have, as long as I don't have an urgent need.
Surely, someday it is possible to have an urgent need. That's why I am selling a small number of my BTC to have USDT. I am afraid once I have an urgent need, the price of BTC is already cheaper than the current price. What I am doing is a preventive action, I think it is a good thing. So, I am not panic once I need fresh money in the future.

I did that from the results of this bounty.
I don't want to rely on bounty payments. There are too many bounties without any result, even no cents as the payment.
The bounty payment is just a bonus, cannot hope much on bounty payments.

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July 18, 2021, 09:04:54 AM
 #288

well I really like your explanation but if you can participate in a bounty that can pay you in bitcoin every week as organized by Hhampuz and other managers then you will be happy because the results of the bounty campaign will definitely be paid with the amount of bitcoin and as expected
Thanks for your appreciation. Sure, it is exceptional, the signature campaign paid BTC is always special. It is very difficult to be accepted there. What I explained before is about the bounty paid in altcoins, commonly in new altcoins. You should know if many bounties paid in new altcoins were scams or the teams of the projects disappeared after the bounties ended. These bounties cannot be expected much, better to focus on trading or investment.


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July 18, 2021, 09:30:29 AM
 #289

I think this decision to sell or hold on bitcoin is a personal matter but if we talk about bitcoin then it can be said that if you invest in bitcoin now for a long time then the chances of loss are much less. I think that investing in Bitcoin is definitely profitable but sell or hold is done through a long process.
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July 18, 2021, 04:05:12 PM
 #290

At this time I would advise OP not to sell its BTC, many analyzes indicate that BTC can even go down to $ 24k, but this is not a reason to worry, if we take into account that if it is likely to fall to those levels, many They will buy in the dip, weak hands would be greatly eliminated and a new market would be forming with those traders and investors who want to take the BTC to $100k and from there to $ 288k, which, guided by S2F, is very likely to happen, everything is in the odds, but I don't recommend that you sell.


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August 02, 2021, 12:36:15 PM
 #291

I dont know if you are still holding your bitcoins or already sold them! Firstly, you if still holding and you already satisfied with profit, then feel free to sell it or some percent of it from your total assets. Although bitcoin grown upto $10k, which is happened less than within a week but people are still confused to considered it as "up tread". So if you don't want to take risk, then you can sell and you already sold, then i suggest you not to buy right now. Wait until for strong sign
I think this decision on selling or holding bitcoin is a personal matter but if we talk on investing in bitcoin for a long time then the chances of lossing profit is much less. I suggest when you hold your bitcoin and the price of it is already enough for you then I guess it was the right time to sell it but, if the price is not yet enough for you or else if the price is not increasing even a small percentage then hold it and wait. It's better to focus and have proper knowledge about it to not loss a huge amount of it.
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August 02, 2021, 01:57:49 PM
 #292

I dont know if you are still holding your bitcoins or already sold them! Firstly, you if still holding and you already satisfied with profit, then feel free to sell it or some percent of it from your total assets. Although bitcoin grown upto $10k, which is happened less than within a week but people are still confused to considered it as "up tread". So if you don't want to take risk, then you can sell and you already sold, then i suggest you not to buy right now. Wait until for strong sign
I think this decision on selling or holding bitcoin is a personal matter but if we talk on investing in bitcoin for a long time then the chances of lossing profit is much less. I suggest when you hold your bitcoin and the price of it is already enough for you then I guess it was the right time to sell it but, if the price is not yet enough for you or else if the price is not increasing even a small percentage then hold it and wait. It's better to focus and have proper knowledge about it to not loss a huge amount of it.

Exactly, decision like this is for the person itself and there's should be no influenced from anyone. If happened that you are already good with the percentage of your earnings, either to pull out your intial investment or to takeall then enjoy your profits.

It's a matter of how you design and plan your investment, if you have certain target and its been achieved then it's good for you to take it.

Sometimes greed comes out and dictate the wrong things to do, never listen and make sure to follow what the original plan that you've got.


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August 02, 2021, 04:15:16 PM
 #293

I think this decision to sell or hold on bitcoin is a personal matter but if we talk about bitcoin then it can be said that if you invest in bitcoin now for a long time then the chances of loss are much less. I think that investing in Bitcoin is definitely profitable but sell or hold is done through a long process.
It is a personal matter but OP disclosed the information and asked for our opinion so I think that it's going to be a good thing that we advice OP with something useful. I hope that OP hasn't sold when the prices was low because it reached 60k and hodling for too long could make him/her wait a bit more longer.

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August 02, 2021, 05:04:29 PM
 #294

It seems this thread is over flog with response that has been said over time of which I strongly believe OP must have taken an informed decision by now on whether to keep holding or sell. Please us keep repeating what has been said over time and I were OP is high time to close this thread.
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August 02, 2021, 06:03:38 PM
 #295

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)
Buying and selling always depend on your limit you have to set a limit if you do investing. Because crypto market is always moving up and down and setting a limit  to avoid big loss is helpful. I will suggest that just hold on your investment because you will not loss if you will not sell it in loss. If you don't want to get bored on waiting for the Bitcoin price to rise just invest in some good altcoins because Bitcoin is for long term investment.

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August 02, 2021, 06:27:41 PM
 #296

Definitely, it all depends on your limit and if you feel like now is enough profit which you long for, you could sell it or you could continue possessing it.
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August 03, 2021, 09:25:30 AM
 #297

Definitely, it all depends on your limit and if you feel like now is enough profit which you long for, you could sell it or you could continue possessing it.
The long term is the most rewarding strategy in holding bitcoin.

But you're right that if someone who holds it sees already the profit on it right now, then he's free to sell. To me, I'm not yet selling and I'll wait for the right time which I'll be satisfied of selling it.

There's no pressure, there's no rush.

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Sweetbtc
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August 04, 2021, 12:49:30 AM
 #298

 You should have Hodl,, And learn other market strategies, the more you learn the easier it gets for you.... I just don't like seeing or hearing people sold out due to fear or what so ever.... Crypto is a gradual process it all requires patience. Patience is a virtue of Success...  Money is everywhere in most expecially on the bullish right now is just for us to get a good strategies to make passive profit within a period of short or long term all depends on how we choose it... F.U.D is a killer in the Business

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cheezcarls
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August 04, 2021, 12:35:25 PM
 #299

It really depends on your own instincts. If you feel that you wanna hold or sell it, no one is going to stop or interfere with you. No matter what advice you will get, it’s always you who will be making the decision whether to sell or hold your Bitcoins.

geegaw
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August 04, 2021, 02:16:45 PM
 #300

It really depends on your own instincts. If you feel that you wanna hold or sell it, no one is going to stop or interfere with you. No matter what advice you will get, it’s always you who will be making the decision whether to sell or hold your Bitcoins.
Simply put, problem solving is a version of personal and private but this intentional question of theirs is just to bolster their little beliefs because I know society is hiding a lot of people with some question and choice troubles, sometimes it's their pickiness or it's also a congenital disease, their childhood environment is always chosen by their family and they do not have independence, which makes them mentally flawed and self-confident. After all the opinions and what has been written, you and many others have probably helped them define their point of view and confidence.

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.......Bitgesell's first yearly halving is coming in less than a month!.......
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