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Author Topic: Should I sell or hold on my bitcoin?  (Read 9093 times)
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December 19, 2021, 07:34:53 PM
 #421

As of today selling bitcoin has never been this easy, we have options to sell directly for fiat using bitcoin cards, you can also use peer to peer platforms like localbitcoins which connects crypto users from the same locale...if these don't make you comfortable you can easily sell your crypto at an exchange for competitive rates.

As for holding your bitcoins i think cold wallets are the way to go just remember to backup your wallets.

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December 22, 2021, 05:01:52 PM
 #422

According to some best predictor bitcoin not so bad for long term holding because many big influencer buying Bitcoin in every dip and hold for future so this is sure bitcoin have a bright future

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December 22, 2021, 09:35:56 PM
 #423

According to some best predictor bitcoin not so bad for long term holding because many big influencer buying Bitcoin in every dip and hold for future so this is sure bitcoin have a bright future

Nothing is assured when it comes to bitcoins future whether it would last up for more decades or would totally be replaced by something new and everything will all matters with the demand

and its up to someones decision whether they do hold or sell their bitcoins and thats according into their interest and goals in mind and since we do have different mindset then

personal actions would really vary on each person so its our choice whether we do proceed or not and since its our money then its just normal to have
those actions.

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December 22, 2021, 09:49:33 PM
 #424

According to some best predictor bitcoin not so bad for long term holding because many big influencer buying Bitcoin in every dip and hold for future so this is sure bitcoin have a bright future

You have to think in more detail when it comes to investing. Because it is difficult to predict what will happen to Bitcoin in the future, you must have a plan B to deal with difficult situations. A lot of big people are thinking positively about Bitcoin and they are influencing people about Bitcoin which is a really good aspect. But any investor should have control over himself in making any decision, because one wrong timing and one wrong decision can lead to a huge loss.

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December 23, 2021, 05:41:18 PM
 #425

In this case i said that if you want to more profit so hold your token is better then sell but if you receive a profit and you agree that is right amount for you so the right thing is that you sell there token and receive your profit that is my idea.

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December 23, 2021, 05:54:19 PM
 #426

If you are satisfied with the profit and think you have a better coin or project to invest you must sell. In my opinion, Bitcoin is best than any other coin. It is also good for long term, take a look on previous charts. There is huge differences in prices in just a year. So holding is better than selling.

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December 23, 2021, 11:24:50 PM
 #427

Market experiencing bull runs from start of this year even whole year and if you haven’t sold yet then now you can track your profit how is growing. market condision is still bullish, so why Should sell bitcoin without any reason even btc is far better than investing on others currencies/new stocks but if you think, you want to keep fund for buying dip, then its better you may sell some percentage of your fund.

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December 24, 2021, 04:28:30 PM
 #428

You may think that by reviewing the current context and understand what should do exactly at this moment. If you have invested a few days ago in Bitcoin, you are definitely fallen in lose because Bitcoin price has decreased. So hold is the better suggestion. There is not alternative way right now.
That is the right advice for now because there really is no other choice but to hold it in and hope the market will recover soon,
the most important thing is to stay calm and conditions like this are normal,
As of today, bitcoin is trading with a value of $51.2k and has grown 10% than in the last 5 days so I think bitcoin is starting to recover after a month of declination. So for someone that had choosed to hold their bitcoin despite of the dip then congratulations you made the right choice and had the right mindset and sorry for the ones who had sold their coins because their commitment isn't that strong enough. Bitcoin has been known to recover from every dips historically and its future is still promising as bitcoin continues to grow due to its scarcity.

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December 24, 2021, 11:31:40 PM
 #429

Holding and selling will depend entirely on the market If the market is in a good position then you can sell your saved coins in the market. However, if the quality of the project is good, then you can save a long time.
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December 25, 2021, 02:48:26 AM
 #430

I think you can take some profit and invest on some promising stock to diverse your investment but I think you should leave some BTC I'm really sure and convinced that soon Bitcoin will broke $100,000 so I think it is smart to stock as many Bitcoins as possible.

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December 25, 2021, 04:37:17 AM
 #431

Holdings any altcoins now in this industry is one of the good things for us to earn nice or good in the future.
Now in terms of Bitcoin hold, if you have a lot of money or huge capital that means you are capable to earn Big here
due to it is actually an advantage for having a large amount of money.

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December 25, 2021, 04:56:06 AM
 #432

Holding and selling will depend entirely on the market If the market is in a good position then you can sell your saved coins in the market. However, if the quality of the project is good, then you can save a long time.
It's about bitcoin so basically, it's good to have it for holding. You can sell if you want to take some profit but do not forget to hold a bigger part because it is going to change your life.
Well, they say that it's only good for bigger amounts but you're getting there soon if you also accumulate as you hold, you should have the goal of increasing the amount of bitcoin that you want to hold.

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December 25, 2021, 06:39:10 AM
 #433

It's about bitcoin so basically, it's good to have it for holding. You can sell if you want to take some profit but do not forget to hold a bigger part because it is going to change your life.
Well, they say that it's only good for bigger amounts but you're getting there soon if you also accumulate as you hold, you should have the goal of increasing the amount of bitcoin that you want to hold.

I agree with you. Bitcoin has been really increasing its value over the time, so holding it especially for long-term goal is a good idea, in my opinion. But if OP would have to really sell, I suggest to not entirely sell all of his Bitcoin, and try to buy again if the situation permits him to do so. I think that he’ll never regret holding even for a long prior of time since we have seen what Bitcoin could give after some time.

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December 25, 2021, 09:29:09 AM
 #434

It's about bitcoin so basically, it's good to have it for holding. You can sell if you want to take some profit but do not forget to hold a bigger part because it is going to change your life.
Well, they say that it's only good for bigger amounts but you're getting there soon if you also accumulate as you hold, you should have the goal of increasing the amount of bitcoin that you want to hold.

I agree with you. Bitcoin has been really increasing its value over the time, so holding it especially for long-term goal is a good idea, in my opinion. But if OP would have to really sell, I suggest to not entirely sell all of his Bitcoin, and try to buy again if the situation permits him to do so. I think that he’ll never regret holding even for a long prior of time since we have seen what Bitcoin could give after some time.
Yes, if he has to sell, it's okay to sell but do not sell all that he has. As much as he can, save a portion that he's going to have for him to keep holding.
It's always the balance of your situation, if selling will make your situation better during the tough times, you sell but it's advisable that don't all that you have.

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