Should I sell or hold on my bitcoin?

[jossiel]

Now that the price of bitcoin is about to decrease to $30 it will be better you sell now that the price is still $59k to enable you prepare more for the future.

Decreased to $30?

Anyone who don't have a long term vision to bitcoin would be thinking about selling as it won't recover anymore.

If you sell your coins right now, you have no regret about such decision than to be part of those investors that will be thanking God for the great opportunity.

That's if you're needing the money and use it for some meaningful things. But what if you've sold and you say that you're in profit and lately, you kept the money while watching bitcoin recovers back to its former price.

[DarkDays]

Now that the price of bitcoin is about to decrease to $30 it will be better you sell now that the price is still $59k to enable you prepare more for the future.

Decreased to $30?

Anyone who don't have a long term vision to bitcoin would be thinking about selling as it won't recover anymore.

If you sell your coins right now, you have no regret about such decision than to be part of those investors that will be thanking God for the great opportunity.

That's if you're needing the money and use it for some meaningful things. But what if you've sold and you say that you're in profit and lately, you kept the money while watching bitcoin recovers back to its former price.

Selling Bitcoin now is not the best move. This is because you're likely to be gaining 50$ profit now, at the risk of losing >$100 profit as the price recovers, and even more of that profit loss in the long-term.

BTC has been bouncing back several times, and it's normal and necessary to be doing that before it shows a strong uptrend. With the season as it is now the likelihood that the market will turn green again is (in my view) high. Having said that, the long-term hold is definitely the best option where we're talking years not weeks from now.

[matchi2011]

Now that the price of bitcoin is about to decrease to $30 it will be better you sell now that the price is still $59k to enable you prepare more for the future. If you sell your coins right now, you have no regret about such decision than to be part of those investors that will be thanking God for the great opportunity.
Now there are many signs in the market that bitcoin price will not increase higher before the end of this year 2021. Bitcoin coin is seriously doing well in the exchange market, that is making investors to release their coin for sale to make a reasonable profit from their investment.

Seriously? I'm not sure if where you get that information might be possible that it's just a
typo error or if you are serious about saying it will fall to $30, that's a huge crashed and
maybe an end for this investment. If ever or if hard correction may take place, maybe $30K
is the deeper fall it can go. There are many institutional investors now, people who will not
allow their money to be blown out.

[jossiel]

That's if you're needing the money and use it for some meaningful things. But what if you've sold and you say that you're in profit and lately, you kept the money while watching bitcoin recovers back to its former price.

Selling Bitcoin now is not the best move. This is because you're likely to be gaining 50$ profit now, at the risk of losing >$100 profit as the price recovers, and even more of that profit loss in the long-term.

BTC has been bouncing back several times, and it's normal and necessary to be doing that before it shows a strong uptrend. With the season as it is now the likelihood that the market will turn green again is (in my view) high. Having said that, the long-term hold is definitely the best option where we're talking years not weeks from now.

Yeah, not the best time.

If someone has intented to sell then they should have always considered selling at the peak and not during the correction.

It's usually what's happening when we see the market goes down, instead of selling at tops, we're panicking to sell at dips.

[goku19]

I personally only hope for the long term perspective of my investment in Bitcoin. Of course, this year Bitcoin must definitely renew its maximum, but according to the statement of many analysts, Bitcoin can exceed its value several times in comparison with today's indicators and become a stable asset if its capitalization increases 20 times on average. I fully agree with this opinion and therefore I believe that the future of Bitcoin depends not only on good news, but also on all investors, including each of us.

[CDC AP]

It is always good to have an open mind about the posibilities of bitcoin! Bitcoin is beyond speculative asset as some will bet to disagree. Bitcoin is very valuable and useful for the world where money is not what it is! If I were you, I will hold my bitcoin and increase mywealth. Bitcon is not 'get rich quick'  but a long term asset that become valuable as years passes by.

[nurilham]

After entering the crypto world, we must also be able to accept the risks of the crypto market that is going up and down. it depends on you and also your own beliefs. if you believe that bitcoin can provide profit in the future then hold on. but if you give up and want to accept the loss as you know then sell it. not everyone can survive with bitcoin whose price goes up and down in the market but for people who survive and can manage it well then it will be profitable.

[Fakhrulenclix]

If you feel you are still experiencing losses on the assets you have, it is best to keep your bitcoins. You don't have to worry about the price going down again, because when a dump occurs it will definitely repeat itself with the pump. The solution you have to do is to keep holding on until you get a profit, even if you are short on finances you can sell which is roughly enough for your needs. Do not let you experience a big loss.

[blockman]

If you feel you are still experiencing losses on the assets you have, it is best to keep your bitcoins. You don't have to worry about the price going down again, because when a dump occurs it will definitely repeat itself with the pump. The solution you have to do is to keep holding on until you get a profit, even if you are short on finances you can sell which is roughly enough for your needs. Do not let you experience a big loss.

Bitcoin goes dump when it has gone up. Those that are resorting to selling their bitcoins because it keeps on going down, they do lack market presence and experience that's why they're thinking that it's the best decision that they'll ever do. They have to think about holding it and much better if they can add more of it because that's the best idea that they can ever do whenever the price of bitcoin goes down. You don't have to sell but rather be patient and act naturally when things such as dump happen.

[carlfebz2]

If you feel you are still experiencing losses on the assets you have, it is best to keep your bitcoins. You don't have to worry about the price going down again, because when a dump occurs it will definitely repeat itself with the pump. The solution you have to do is to keep holding on until you get a profit, even if you are short on finances you can sell which is roughly enough for your needs. Do not let you experience a big loss.

Bitcoin goes dump when it has gone up. Those that are resorting to selling their bitcoins because it keeps on going down, they do lack market presence and experience that's why they're thinking that it's the best decision that they'll ever do. They have to think about holding it and much better if they can add more of it because that's the best idea that they can ever do whenever the price of bitcoin goes down. You don't have to sell but rather be patient and act naturally when things such as dump happen.

Selling is actually situational.

1. Emergency need of funds
2. You do only feel to sell
3. Secure profits
4. Selling because you do need to diversify
5. Influenced by other calls or signals

Holding is something that calls for long term but for active selling for profits then thats
what you called short trades.

[blockman]

If you feel you are still experiencing losses on the assets you have, it is best to keep your bitcoins. You don't have to worry about the price going down again, because when a dump occurs it will definitely repeat itself with the pump. The solution you have to do is to keep holding on until you get a profit, even if you are short on finances you can sell which is roughly enough for your needs. Do not let you experience a big loss.

Bitcoin goes dump when it has gone up. Those that are resorting to selling their bitcoins because it keeps on going down, they do lack market presence and experience that's why they're thinking that it's the best decision that they'll ever do. They have to think about holding it and much better if they can add more of it because that's the best idea that they can ever do whenever the price of bitcoin goes down. You don't have to sell but rather be patient and act naturally when things such as dump happen.

Selling is actually situational.

1. Emergency need of funds
2. You do only feel to sell
3. Secure profits
4. Selling because you do need to diversify
5. Influenced by other calls or signals

Holding is something that calls for long term but for active selling for profits then thats
what you called short trades.

They sell or not, it's the best decision that they might think of. There's profit and that's all that we're trying to catch as we live on this market. Whether it would be small or big as long it's profit, that's the best decision for them. Although there are people that are selling at losses so that they can cut further losses and that's also a good decision for them to mitigate the continuous losing that they're experiencing.

[cloudfir3e]

all of your own control that holds it, you simply see your initial goal whether you invest for the long term or only for the short term.
if you invest for the long term you may prefer to hold. because surely you already have a target price for bitcoin in the next few years. so that when the bitcoin price is not okay you will be calm and not panic.
but if you invest for the short term, you better sell your bitcoins immediately so you don't lose too much

[bhooscream]

Now that the price of bitcoin is about to decrease to $30

How do you know the Bitcoin price to drop to $30? Show me the proof or reason? You must know that most people assume the current drop is just a normal correction before the next level ($70k). I can understand why people are still optimistic BTC price to pass $70k because there is a possibility of the next jump in Bitcoin price. Bitcoin trend is also quite positive now, more big companies joining BTC investment. If no bad news in November and December, I think BTC price can easily pass $70k.

[sherenikaw]

First of all, we must understand that the crypto market can go up and down at any time, especially towards the end of the year like this. if before joining we have studied it well I think we are ready with all the risks that are in it such as an unpredictable market. but it's your own choice to continue or not because everyone has their own views. but for me bitcoin or other investments are profitable investments compared to other investments for people who can manage them well.

[SonyZ3+]

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.

[jossiel]

First of all, we must understand that the crypto market can go up and down at any time, especially towards the end of the year like this. if before joining we have studied it well I think we are ready with all the risks that are in it such as an unpredictable market. but it's your own choice to continue or not because everyone has their own views. but for me bitcoin or other investments are profitable investments compared to other investments for people who can manage them well.

What are those 'other investments' that are profitable?

What are those that are not profitable?

You need to be specific in telling just as holding bitcoin. We all knew that we're going to see the price increase soon for bitcoin and if it's not yet increasing, there's nothing to worry about it if you're only looking to the fall recently.

[macson]

snip

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)

one thing you have to keep is your trust, the price of bitcoin is very volatile so never once you sell a loss ^(cut-loss), remember only the value of your assets decreases, not your assets.  stocks are tempting but the profit you get from bitcoin can be much greater than if you buy stocks now.

[horrifiedx1]

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)

for me by investing using the money that settles, then I will hold on to bitcoin, because my concentration is only on cryptocurrencies, especially what we hold is bitcoin. but if you see an opportunity in the stock, I also can't blame it if you sell some of it and invest it in the new stock

[onecall123]

First of all, we must understand that the crypto market can go up and down at any time, especially towards the end of the year like this. if before joining we have studied it well I think we are ready with all the risks that are in it such as an unpredictable market. but it's your own choice to continue or not because everyone has their own views. but for me bitcoin or other investments are profitable investments compared to other investments for people who can manage them well.

Your first step should be to decide on your approach, whether you will go long or short. Is it really true that you have no idea what the next move is going to be for WallStreet on futures? A small Santa rally into December is nothing more than a chance to exit and short the top. The right way to trade is not to follow the majority, but follow yourself!

[LUCKMCFLY]

I think that at this moment it would be crazy to sell BTC, because it is very likely that the price will rise, however the opposite may happen, in this case it would leave everything still and would not panic and sell cheaper, because at any moment the Price will bounce and it will grow much more, however that is what I believe due to the little knowledge that I have acquired since 2017, there are many who prefer to sell and it is totally respectable, but it would hurt to sell and then double the BTC, although everyone chooses wisely what suits them.