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Author Topic: Bitcoin is an investment  (Read 702 times)
Ebede (OP)
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January 28, 2021, 12:47:07 AM
 #1

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

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January 28, 2021, 01:23:10 AM
 #2

If you are in a hurry and need money, looking for a short-term peak sale is a good choice. If you are not in a hurry, it may be better to hold for a long time.
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January 28, 2021, 01:48:56 AM
 #3

I bought a bitcoin what 0.0003 BTC ....
I suppose you made a mistake by specifying a few extra zeros ... Simply put, the fees for transferring Bitcoin are almost identical to the amount you specified. Read the last few pages of this thread if you really want to know what other people think of the BTC trend, Wall Observer BTC/USD - Bitcoin price movement tracking. In case you are still undecided about the choice, just think in the quote below.

Quote from: philipma1957
I see BTC as the super highway and alt coins as taxis and trucks needed to move transactions.

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January 28, 2021, 02:14:53 AM
 #4

If it is not for spending, why withdraw it? That's 0.0003BTC, probably not something you would not lose sleep over if Bitcoin will continue to plunge for the next days. If I were you, I'd leave it there and even add more Sats as the price is falling.

And also, why would you sell during correction time? Bitcoin's price has gone past $40,000 and you are planning to sell at around $30,000?

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Jawhead999
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January 28, 2021, 02:45:15 AM
 #5

It's up to you whether you want to hold or sell it because it's your money.

I think it's not a good choice if you want to sell only 30,000 satoshi because you'll ended up loss on the fee (it's vary but I assume you're using online wallet which is the fees are high)

Better to buy more Bitcoin and hodl it, since you're believing Bitcoin.

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January 28, 2021, 03:12:10 AM
 #6

No one knows how the price will move especially in the short term, so..

If:
  • you're not willing to hold for the long term
  • you think bitcoin isn't going to be more expensive in the future
  • you're going to need to sell soon for whatever reason(business/bills/hospital expense/etc)
  • you think there's a better investment out there

..then sell your bitcoin.

If:
  • you think bitcoin will be worth a lot more in the future
  • you're willing to hold onto your bitcoin for YEARS
  • you don't need the money any time soon
  • you think bitcoin is a good investment

..then don't sell your bitcoin.

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January 28, 2021, 04:49:26 AM
 #7

is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months
What was doubled is the USD or USDT value, not your bitcoin 0.0003 BTC is 0.0003 BTC, always.

I want to know if I will sell it or withdraw it, because is a investment money not for spending.
I think you have only two choices: trade or hold it. There is no option for you to withdraw it.

I don't know where you store your bitcoin, in non custodial wallet or on exchanges. If you store it on exchanges, you are in bad situation.

Binance:
- Withdrawal fee: in BTC 0.005 BTC.
- Withdrawal fee: in USDT: $5 on ERC20, $15 on OMNI, $0 on TRC20.

Your amount is smaller than withdrawal fee (in BTC, USDT on ERC20, OMNI). You mostly are out of choice.

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January 28, 2021, 05:32:20 AM
 #8

Bitcoin is an organic asset and we can use it ourselves under any circumstances, if we agree otherwise.  That means the goal of using bitcoin is your property, relying on you and your mind to use it.  Almost everyone is thinking about investing because of its liquidity.  It is one of the tools that make bitcoin's power.  Unlimited freedom!

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January 28, 2021, 05:39:24 AM
 #9

Do you always let people tell you what you should do with your money? Let's not forget that you are asking random anonymous people from the Internet to give you that advice.  Roll Eyes

No... you have to make that decision on your own... owning the bitcoin is just one part of your journey now. You will notice that I highlighted the you in those statements and I have done that for a good reason. Bitcoin is all about people taking control over their own money and not having centralized financial institutions telling them what to do with their own money. (That includes advice from random people on the Internet ....that are most probably not financial advisors)  Wink

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January 28, 2021, 05:40:27 AM
 #10

If it is not for spending, why withdraw it? That's 0.0003BTC, probably not something you would not lose sleep over if Bitcoin will continue to plunge for the next days. If I were you, I'd leave it there and even add more Sats as the price is falling.

And also, why would you sell during correction time? Bitcoin's price has gone past $40,000 and you are planning to sell at around $30,000?

That is one of the main reason why newbies in an investment are getting lower profits or losses because they settled on selling at a correction price.

Which is not the proper thing or not the best thing to do in order to make investment profitable.

If you can hold and wait for the best time to sell, you can have much time to think much better decisions and strategies so that you will have no regrets.
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January 28, 2021, 05:52:38 AM
 #11

Is it 0.003 or 0.0003?  maybe you have mistakenly added another zero with the value you want to tell us, the value of bitcoin last November 2020 os, not that too much so you have done a good thing by buying bitcoin that time and keeps on holding it even though it reaches the first new ATH on the year 2020 and keeps holding it now but if you are asking if this is the good time to sell it then it is up to you if you are already good with the earnings you have now because no one can tell you if the price of bitcoin will go higher or lower in the future.

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January 28, 2021, 06:19:26 AM
 #12

it counts on the share of money you put in bitcoin in your total wealth. If you need the money, try to sell it at an ATH. Or if it frays your nerves and brings you sleeping trouble, try to sell it at an ATH. Otherwise, HODL
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January 28, 2021, 06:21:52 AM
 #13

In conclusion, Bitcoin always has hope. We certainly remember the events of 2017-2018 when the bitcoin trend changed rapidly from bullish to bearish. at that time everyone considered bitcoin worthless anymore because of the sharp decline and was considered a dangerous investment. but now? we can see that bitcoin is indeed a valuable investment asset, equivalent to gold.

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January 28, 2021, 07:16:16 AM
 #14

The strategy depends on you. IMO, if you can then you should invest little by little each month in BTC and HODL on and when the time is right you can sell it off to fulfill your needs(if any). On the other hand, if you do need it then you should have sold it a while back when it reached $40K.
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January 28, 2021, 07:22:01 AM
 #15

With your investment amount and to what price is now, I don't think you have made more than 0.0006 in profit without your capital. That is with your total money as 0.0009 or a little higher. So you have not made so much profit to exit or run off from losing the little investment you made. IMO I don't think bitcoin price will come down to your entry price and with that "assumption ", your invested money will still be safe with you. I'm therefore suggesting that you can take a further risk of hodling for longer time, you have made the investment already or you put a price you want to exit so that if price go up, you will keep picking profit.

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January 28, 2021, 08:00:42 AM
 #16


I think Bitcoin is indeed an investment, it can bring you profits and get more income.
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January 28, 2021, 08:23:11 AM
 #17

I'd just advice you to just hold it since it seems like you aren't really need it and you're not a trader but a long-term investor. You're at a gain anyway and it seems like Bitcoin has a strong support in its back this 2021, you won't have any problem reaching your entry price level again.
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January 28, 2021, 08:32:58 AM
 #18

I don't understand why an investor would ask things like this to other people.
They are asking question that only them could answer.

Why asking us if you will sell it or withdraw?? What if we say that you sell it right now and it goes up more will you blame us and vice versa. 0.0003 BTC is still a big investment although it isn't that high but the point is, if you are seeing Bitcoin for long run then why sell?? Do the opposite and do dollar cost averaging. Buy Bitcoin if you believe on it and hold for long term.

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January 28, 2021, 08:38:48 AM
 #19

If it is not for spending, why withdraw it? That's 0.0003BTC, probably not something you would not lose sleep over if Bitcoin will continue to plunge for the next days. If I were you, I'd leave it there and even add more Sats as the price is falling.

And also, why would you sell during correction time? Bitcoin's price has gone past $40,000 and you are planning to sell at around $30,000?
Maybe 0.0003 is a large amount of money if OP were to sell it to gain some profit. I wanted to sell at some point, never thought that the 40k was an ephemeral round in the market, but since I have no use for awhile for what I am hodling, I think I will just let it sit there.

To OP, if you are the same as me and does not have any need for your bitcoin for your daily expenses, maybe making it sit there for awhile and let your investment marinate and hopefully the prices might go up again. Follow the quote above, try to add more bitcoin into what you are currently hodling while the prices are still down.

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AjithBtc
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January 28, 2021, 08:46:18 AM
 #20

If the money isn't for spending, then whats the need of withdrawing it. Hold it, and you'll get better learning about the market. The price might fall, but there will be promised growth further. Keeping it in mind just go for a long term holding. Based on different predictions from expertise people, even 0.0001BTC will be valued very big in the future.

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January 28, 2021, 08:54:26 AM
 #21

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
0.0003 BTC is like $9.00 today, so I'm not sure if this is the right amount that you have invested. Anyhow, you said you put your money in bitcoin as a investment and now that you have seen how the price goes off, and your portfolio growing then why are you thinking of withdrawing it? Doesn't make sense. Majority here who make a ton of money, investment on a long term, so I guess you got a hint already.
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January 28, 2021, 09:01:31 AM
 #22

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
Bitcoin still has a good chance to be able to pump higher than the current price. in my opinion, if you don't really need money, my advice is you have to hold back because if bitcoin has increased many times again it will make your profit even bigger

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January 28, 2021, 09:04:46 AM
 #23

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

Your friends will regret when they see how high bitcoin prices can increase in the future, and if they don't start to follow your step, they will not have a chance to have a bitcoin investment. You don't need to feel shy or else because your life will depend on what you do now, and there is nothing to worry about with them.

Perhaps, 0.0003 BTC is like $9.00 today, but we don't know how much your money will be in the future. It could be more than $10-$50 if you don't buy more bitcoin, and that will increase your money value.
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January 28, 2021, 09:05:44 AM
 #24

It's up to you whether you want to hold or sell it because it's your money.

I think it's not a good choice if you want to sell only 30,000 satoshi because you'll ended up loss on the fee (it's vary but I assume you're using online wallet which is the fees are high)

Better to buy more Bitcoin and hodl it, since you're believing Bitcoin.
yes, if you believe in it, then you can invest in it without worrying too much. I advise that you put part of your money there. if you believe not, stop.
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January 28, 2021, 09:17:42 AM
 #25

Luckily for you, when you still make a profit, many people do not have that luck. So see how you started with it, everything is going well right, the money is now yours, and you have all the power to decide over it.

I believe many of the investors above are hoping to get the same return... but unlike you I have seen them screaming for the past few days.  Grin

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January 28, 2021, 12:24:40 PM
 #26

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
The Market is currently at correction period but still the prices are higher compared to your past investment in November when prices were low so you are already in profit and you can sell if you want to do so.The exact price speculation is impossible as price can go further down to $20-$22k but if you don't want to spend your coins then you can hold them for longer periods of time say till 2022 when prices will plunge to nearly $60k(not much exaggeration) and show your freinds the real power of btc as your 0.003 btc will grow 3-4 times by that time so I suggest for long term investment rest decision is all yours.

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January 28, 2021, 01:15:36 PM
 #27

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

if it is money for investment, then you better not sell your Bitcoin and still HOLD, because the price of Bitcoin will definitely continue to increase and give you a bigger profit than now, but there is nothing wrong if you sell a little of your investment (Bitcoin) to enjoy your life, because life cannot be bought and only once, so enjoy your life while you are still alive.

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January 28, 2021, 03:17:32 PM
 #28

Indeed, we always believe that bitcoin is able to have a high price in the future like $100.000 or more. So as we will suggest for everyone especially new investor to invest their money for long term investment, you can put your money that you can afford to lose and you can come back again. However, just in my mind, you need to have a target price.

I mean an example you already bought bitcoin at the current price and then you need to set what target price you should sell your bitcoin. At least when you sell the bitcoin that you have bought and you get a profit, it will give you encouragement and confidence to keep investing in bitcoin. Just a warning, not to frighten, bitcoin has experienced a drastic price increase but has also experienced a drastic price decline.
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January 28, 2021, 03:30:39 PM
 #29

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
You have spent your money to buy that BTC - right? So you can do what you want with it, in fact I consider that as a small amount but it might be a lot depending on your local currency exchange rates. Still I advice new traders to accumulate bitcoin over time like a monthly buying scheme. Just holding on to that small amount like an obsession will not make it big, you have to decide when you sell or if you buy more.

Always remember that recycling your money is a key factor in keeping your portfolio alive. You dont have to sell every asset that you hold but if you dont, then problem of mental distress due to holding those coins for long comes into play. If that does not hurt you well and good, but trust me, every experienced trader faces this distress and you will too.

R


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January 28, 2021, 03:47:18 PM
 #30

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
Market doesn't work that way. The market price is not consistently increasing and with that being said, holding, alone, is not enough to gain profit. You should learn how to buy during low market price and sell whenever the price is high. In such way, profit will be bigger than to just lay down and wait for things to occur. I do appreciate your courage to invest with the money you have back then. Bitcoin is a good investment, but investments are different from assets or simply, you will make decisions in order to maximizer the profit from your investment simply because that's how things should be done.

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January 28, 2021, 08:34:35 PM
 #31

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months
The amount of bitcoin that you have invested won't just double in quantity but it had doubled in $ value. Your story isn't new with other people here that when they've told their friends and families that they've bought bitcoin.

Many did laughed and mocked them that bitcoin is going to zero and their money will be flushed away.

I want to know if I will sell it or withdraw it, because is a investment money not for spending.
If you won't spend it then just keep it as is for a longer time. But if you want to take the cash, sell it although the amount you've invested isn't that much.

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January 28, 2021, 09:35:15 PM
 #32

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months
The amount of bitcoin that you have invested won't just double in quantity but it had doubled in $ value. Your story isn't new with other people here that when they've told their friends and families that they've bought bitcoin.

Many did laughed and mocked them that bitcoin is going to zero and their money will be flushed away.

I want to know if I will sell it or withdraw it, because is a investment money not for spending.
If you won't spend it then just keep it as is for a longer time. But if you want to take the cash, sell it although the amount you've invested isn't that much.
Is obvious that money is meant for spending, because without spending money the mind to get new one will not be there,but from what I know since the money used to purchase the coin is little, is advisable to push the money to another investment platform that will multiple the money, because the purpose is just to enrich from my understanding

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January 28, 2021, 11:25:25 PM
 #33

If you are in a hurry and need money, looking for a short-term peak sale is a good choice. If you are not in a hurry, it may be better to hold for a long time.

Your post shows how "peak" is always a matter of perspective. Had he sold at the time of your post he'd do it in a short term low of 30 thousand USD.
About 12 hours later it would be almost 34 thousand.

Congratulations OP. I hope it will not make you sell with profit and leave the market but instead make you appreciate the technology and stay with us for more, because more is coming.
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January 28, 2021, 11:50:10 PM
 #34

I want to know if I will sell it or withdraw it, because is a investment money not for spending.
If you won't spend it then just keep it as is for a longer time. But if you want to take the cash, sell it although the amount you've invested isn't that much.
Is obvious that money is meant for spending, because without spending money the mind to get new one will not be there,but from what I know since the money used to purchase the coin is little, is advisable to push the money to another investment platform that will multiple the money, because the purpose is just to enrich from my understanding
I think you misunderstood what he said. He's just describing that the money that he has invested isn't ready to be spent. We can distinguish it if our investments when ready on sell or we're about to cash it, they're good for spending but we can also keep it whether in that particular investment or just a plain cash.

I wouldn't invest into an "investment platform". Many have been misled with that term in the community. Just as the newbies before, when they come to the forum or any other forum, they'll mention about a certain investment platforms which were obviously scams.

They can invest as is in bitcoin, no need to get into those platform. You hold your investment, you hold your bitcoin.

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January 29, 2021, 02:29:36 AM
 #35

For many bitcoin buyers, they have already made a certain profit, so bitcoin is an investment.
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January 29, 2021, 03:19:35 AM
 #36

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
At least you have proven to your friends that bitcoin investment will be profitable and bitcoin price does not fall as they say, and you have benefited from your investment capital.
My advice is that you should keep it for a longer period of time if you don't really need it and try to gradually increase your bitcoin and take advantage of it when bitcoin prices drop, and most importantly don't exceed your starting price.
And as time goes by, you will have to learn more to analyze about the market and bitcoin so that you can invest properly and profitably.
If you think bitcoin is an investment and not to be spent then you must be consistent, good luck friends and success.

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Mituletr
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January 29, 2021, 08:08:04 AM
 #37


Bitcoin is indeed an investment. It allows you to get a certain amount of income in a short period of time. If you are not eager to use this money, you can keep it in your wallet.
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January 29, 2021, 09:28:11 AM
 #38

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

Maybe what you could do is sell it already 0.0003 is not that big of a volume probably it would not worth that much even if the bitcoin increases. You already made a good profit even if you sell it already but what you could do is keep on investing when the market price is low so that you could easily multiple your profit with the good volume of investment, investing a small amount would just result a low amount of profit and investing a high amount is equal to higher profit also. What you could also do is sell your bitcoin and then just reinvest it if the market price is on low again.
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January 29, 2021, 09:37:54 AM
 #39

Yes, It was certainly an investment with a huge bargain because of the real power of bitcoin.  It is no coincidence that the world's leading financial corporations, institutions have legitimized commercial investment in bitcoin and see this as a new competitive trend like Grayscale, MicroStrategy ... They are ready to compete and  don't stop buying to have a chance to own bitcoins.

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January 29, 2021, 02:19:50 PM
 #40

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

It is good you followed your heart and invested in what you want and what you highly believed in without minding what your friends says or  what became of the price when the market corrected, and I believe now, they will be coming close to you for more information and possible way to get started. Now that you have gained hugely, you can decide what you want either to trade it, spend it or keep it for long term, and no one can advice you on this, you just have to decide it on your own as you know what you really want. But, just a suggestion, since you already decided it is not for spending, that means you have decided to keep it for the future, so I think you have answered the questions you asked.

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January 30, 2021, 08:46:19 AM
 #41

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
You can withdraw it, there are also other things you an do with money, so you can withdraw the money and then use it for other things. I can’t tell where the price is heading now, it dropped to 30,000 USD and has gotten to 32,000 USD today, I can’t tell if it’s slowly slipping into bear market or whatever , so it will be better if you sell as you still have profit and invest in other things.

If you have a business that you’re into, you can invest in that business and grow it to another level while you wait for another right time to invest back in cryptocurrency.
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January 30, 2021, 09:49:42 AM
 #42

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
If you intend to invest your money on Bitcoin then the best choice is to buy low and sell high that is the only method I used ever since I am involved with cryptocurrency. Yeah Bitcoin has became a new form of investment more than the original purpose which is a new form of payment system. Either way will work fine so it is up to us how we use Bitcoin.



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January 30, 2021, 11:03:48 PM
 #43

~because is a investment money not for spending.
The first thing you have to do is develop an investment strategy, whether for the long term or the short term. selling now or later is your choice, if you sell it now you are still profitable right?
if I would prefer to hold it, if possible I would like to add more, for a long term investment. of course, it must be based on an in-depth analysis using technical and fundamental analysis.

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January 30, 2021, 11:14:14 PM
 #44

My advice if indeed the money you use to buy Bitcoin is indeed a budget for investment, you should just let it do not sell the Bitcoin that
you have. My advice for newbies is better investing in Bitcoin for the long-term, if you have extra money again, you can buy more Bitcoin.
So the amount of Bitcoin you have will increase and if Bitcoin reaches $ 100k then the profit you make will be even greater.

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January 30, 2021, 11:23:37 PM
 #45

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

They might laugh because the amount you spend to buy bitcoin and consider it as an investment, 0.0003 worth $10.32 at the current price of $34,400.
When you bought it, the price range between $14k-$18k, how much money you spend to buy it?
Furthermore, there is no point to sell it now, better to accumulate more bitcoin for the long term, if you want to describe it as an investment, collect more than your balance now, probably BTC1 someday as the target.
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January 30, 2021, 11:36:29 PM
 #46

Bitcoin is really a good investment platform for outstanding returns, but the period of investment and marked conditions is the most important things and you should considered yourself lucky you invested just before the bullrun and it won't be the situation with other investors who invested at the time of peak just before the market collapse. I am glad you good profit and you may not be lucky everytime henceforth do proper market research as well before investing to regret it.

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January 30, 2021, 11:45:15 PM
 #47


I want to know if I will sell it or withdraw it, because is a investment money not for spending.
Just to clarify about the extra zeros. 0.0003 or 0.003?

But anyway, since this is not for spending money, better not to withdraw it but instead to add some more. because if that 0.0003is real, I can say that it was enough to pay for the fees and probably had nothing left for you. Thus, if you have money left, make some additional.

You don't have to worry about losing it since it was just a few sats, and I don't know if you even remembering that when the price still low.

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January 30, 2021, 11:53:04 PM
 #48

I would answer you with this tweet.

Quote
If you owned the most desirable asset in the universe, why would you ever sell it?

Michael Saylor

https://twitter.com/michael_saylor/status/1347621155738419200?s=19

I would also congratulate you on your investment, that's the message. There is money to spend and also money to invest or save for some. Because not all of us have the same ability to accumulate monetary wealth.

I prefer bitcoin and crypto to be able to live my life amidst the inflation that affects my country. So bitcoin and crypto is my lifeline for savings that will serve the youngest members of my family. That is my highest priority and in which I believe and for which I am sure that it makes me walk on the right path.

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January 31, 2021, 12:55:30 AM
 #49

investing in bitcoin is like investing in stocks, yet it is undeniably more unstable because of the day by day swings in bitcoin. Bitcoin is apparently 1 of the most fluid speculation resources because of the overall foundation of trading platforms, exchanges, and online financiers. You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity related to bitcoin makes it an extraordinary investment vessel in case you're searching for short term in addition to, unlike to world currencies — which are directed by their legislatures, bitcoin is insusceptible to inflation.



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January 31, 2021, 04:03:40 AM
 #50

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
You are lucky ( even it is small amount) because you hold a bitcoin when time that has low price and now I think it's your time to trade because you have sure profit. Don't be greedy, be satisfy in the result. We will not predict the market of cryptocurrency in the future. It possible that the next pumping of bitcoin will be next 1 or 2 years and again we need to wait for good profit.

But I like your strategy, small amount for investing only, even it will not become successful or earn huge profit it just small. But the successful person started in small capital.

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January 31, 2021, 04:24:07 AM
 #51

Bitcoin should be treated like gold. Continue to invest in it and hold on to it long-term. Right now the price of Bitcoin is constantly increasing and probably will continue to increase in the coming years due to increasing mass adoption but overall it will be worth a lot more than it is now. Only sell if you are happy with the profit you’ve gained and only buy when the price crashes.

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January 31, 2021, 01:20:20 PM
Last edit: February 01, 2021, 10:49:39 PM by Amejoaquim
 #52

If you still thinking bitcoin price will keep rising up then you just need to buy more and don't forget to set a target.

You should set a target when you buy the coin to determine when you will sell it otherwise you will lose your opportunity to sell.
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January 31, 2021, 02:34:18 PM
 #53

It is actually all up into you if you would sell or hold or buy more Bitcoins depending on your capability and the way you will strategize on making your funds circulate to gain more profit that you can possible to attain. Just be sure that you will be wise on your decision making for your investment because once you take easy into it you might missed possible opportunities that you must have grab to be able to make things favorable on your side. Seize the moment while the price is lower compared to the recorded ATH of $40,000 because right now price is playing $30,000 and up. Yes it is still pretty expensive yet better be good to be bought compared to $40,000 and up.

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January 31, 2021, 02:49:40 PM
 #54

It is actually all up into you if you would sell or hold or buy more Bitcoins depending on your capability and the way you will strategize on making your funds circulate to gain more profit that you can possible to attain. Just be sure that you will be wise on your decision making for your investment because once you take easy into it you might missed possible opportunities that you must have grab to be able to make things favorable on your side. Seize the moment while the price is lower compared to the recorded ATH of $40,000 because right now price is playing $30,000 and up. Yes it is still pretty expensive yet better be good to be bought compared to $40,000 and up.
If that only he invests BTC0.3 BTC and bought it last year during the bear season and sell it today, that is a lot of money. Of course, I sell even though I do not need money since the price is really high, I'll take the opportunity. Perhaps, I can buy again once the market drops again as it possible to happen in the coming days.


But for you OP, it is a need to clear your mind and think wisely. Selling is not about giving up but this is a way we get the opportunity that once knocks us. If you wanted to miss the chance, then that it's up to you, never blame others.

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January 31, 2021, 02:54:14 PM
 #55

That is your decision whether you will be selling it or you will spend it. There are a lot of price movements in the past so I am certain that you will have your profit. In my opinion, I think it is better if you will just hold your bitcoins and if you want to spend some of them, you can just sell some of them so you can have an excess that you can wait for profit in the future.

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January 31, 2021, 03:02:15 PM
 #56

Nobody in here can give the right advice for YOU as only you know your financial status, personal desires, goals and risk profile/tolerance. 0.0003 BTC is only worth about 10 bucks at the moment. Maybe in your country with that you can buy your living for a few days, but in USA is nothing.

Bitcoin could be worth a lot more in the future though. It depends on your opinion about BTC. Do you think it will become the number 1 resort for storing value? Do you think it will become the mainstream currency for payments?
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January 31, 2021, 03:08:23 PM
 #57

That is your decision whether you will be selling it or you will spend it. There are a lot of price movements in the past so I am certain that you will have your profit. In my opinion, I think it is better if you will just hold your bitcoins and if you want to spend some of them, you can just sell some of them so you can have an excess that you can wait for profit in the future.
The decision whether to sell or not, will merely depend on the investor himself. We cannot force someone to hold if he is anxious of the market which is valid because we cannot assure that the market price will continue to increase. Changes will happen without any sign. As long as profit is already earned, an investor is free to sell already depending on his satisfaction with the profit from his investments. We just cannot earn every profit in this industry so it will be the satisfaction level which will be the bottomline. Definitely an advantage for those who invested earlier.



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January 31, 2021, 03:25:34 PM
 #58

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
Bitcoin is free and separate to use. Whatever your purpose is to use bitcoin like that. There is no coercion and imposition of investment. Using bitcoin the right way, that's great. You don't have to think much and be in better shape.
You can keep investing to multiply the amount of bitcoins you have. It's always good to have lots of bitcoins.


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January 31, 2021, 03:31:15 PM
 #59

That is your decision whether you will be selling it or you will spend it. There are a lot of price movements in the past so I am certain that you will have your profit. In my opinion, I think it is better if you will just hold your bitcoins and if you want to spend some of them, you can just sell some of them so you can have an excess that you can wait for profit in the future.
The decision whether to sell or not, will merely depend on the investor himself. We cannot force someone to hold if he is anxious of the market which is valid because we cannot assure that the market price will continue to increase. Changes will happen without any sign. As long as profit is already earned, an investor is free to sell already depending on his satisfaction with the profit from his investments. We just cannot earn every profit in this industry so it will be the satisfaction level which will be the bottomline. Definitely an advantage for those who invested earlier.

You are right. The decision would always depend and must only be upon the owner or investor themselves.
But as OP is somewhat asking for opinions on what he can do about his coins, better share some insights.
OP should set term of investments, possibly accumulate more coins to generate for profit, but should observe the market first.

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January 31, 2021, 03:39:30 PM
 #60

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
if it's investment money I think you can use the money to become a bigger profit. look at the price of btc has increased, you can do things that you think are able to multiply your profits to be bigger. isn't that a good idea for now

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January 31, 2021, 03:55:05 PM
 #61

OP, your investment today is $ 9.8 and that's a small amount to question the community. It doesn't matter if you sell it now because you can still get more bitcoin for a lower price. Wait for the right moment to buy and sell it at a higher price and in my opinion it will make your investment value much better than now. But in fact you have missed the best momentum to sell bitcoin so that your current investment value has dropped.

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February 01, 2021, 04:34:13 AM
 #62

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

You have experienced the profit possibilities with bitcoin. If you have extra funds available and you invest them in additional bitcoin when possible, the future profit possibilities will increase with each additional purchase.
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February 01, 2021, 04:56:53 AM
Last edit: February 01, 2021, 05:22:31 AM by Jaycee99
 #63

Yes, Bitcoin is a total investment it was said the market for today's bitcoin is going up I would suggest IF the price hits 19k again,  do bitcoin harming but if does not hit 19k in a few months or 20+ maybe a long term investment would be good if you're not into trading.

Here's a scenario where I think I can explain better rather than the first words/phrases I said.

1. In trading you really need to learn, if you are one of the people who want to earn and learn in a small way trading is the best option.

2. but if you have the money to go in for bitcoin farming why? yes, it expensive but for normal people or rather miners, I would calculate from the year 2017 to present 2021 you could have possibly earned 2000 USD to 4000 USD. buying big equipment for mining a worth of investment. later on from the 2000 or 4000 USD, you can possibly get what you need and want. Let's say 2 GPUs would be enough for the worth of money I mentioned.


Still, mining and trading depend on the market so from what I saw you need to gamble and have faith(with knowledge Smiley) and one thing for sure bitcoin is a real investment.

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February 01, 2021, 07:55:44 AM
 #64

In such a trend that still has huge room for development, as Bitcoin is known and accepted by more people, I think it is entirely possible for Bitcoin to become the gold of the Internet or virtual world.
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February 01, 2021, 08:53:29 AM
 #65


When you buy Bitcoin and put it in your wallet, you can get benefits. For me, Bitcoin is a good investment.
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February 01, 2021, 11:19:27 AM
 #66

Investing in bitcoin is good don't mind to others people who laugh about what you are doing because in the end of the day you will earn money by trusting more in bitcoin. But the answer is up to you if you want to withdraw your bitcoin because that is your coin but I will recommended to hold it more because it will rise the value and better to invest more to the bitcoin.
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February 01, 2021, 11:34:45 AM
 #67

If it's actually BTC0.0003 you've bought, I believe you shouldn't even bother looking at it till BTC hits $100k or even a million because BTC0.0003 is seriously not a value to worry about and you can definitely hold longer as compared to those who had tens of thousands of BTC and are still holding. Wink

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February 01, 2021, 02:25:52 PM
 #68

Current market cost isn't reliably expanding and with that being said, holding, alone, isn't sufficient to pick up benefit. You ought to learn how to purchase amid moo advertise cost and offer at whatever point the cost is tall. In such way, benefit will be greater than to fair lay down and hold up for things to happen. I do appreciate your courage to invest with the money you have got back at that point. Bitcoin could be a great speculation, but speculations are distinctive from resources or basically, you may make choices in arrange to maximize the benefit from your speculation.

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February 01, 2021, 04:32:22 PM
Last edit: February 05, 2021, 05:40:30 PM by sapnu
 #69

Investing in bitcoin is good don't mind to others people who laugh about what you are doing because in the end of the day you will earn money by trusting more in bitcoin. But the answer is up to you if you want to withdraw your bitcoin because that is your coin but I will recommended to hold it more because it will rise the value and better to invest more to the bitcoin.
Indeed, bitcoin is a really good investment, just imagine if you bought some bitcoin at a time that the price is not really high just like today, you may be a millionaire as of now. There are some people that are still thinking that bitcoin is a scam, we all know that it is not. There are some projects that are requiring bitcoin as an investment and they are risking their money even if they lack knowledge about everything that is important, and when they lose their money because of that, they are thinking that bitcoin itself is a scam.
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February 01, 2021, 04:41:25 PM
 #70

Bitcoin should be treated like gold. Continue to invest in it and hold on to it long-term.
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February 01, 2021, 05:36:15 PM
 #71

If you don't feel an urgent need, it's best not to sell bitcoins now.  Bitcoin prices will rise much more in the future.  In that case you can hold Bitcoin now for big price.
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February 01, 2021, 06:08:27 PM
 #72

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

Bitcoin was a good investment because of the limited supply/high demand in the market and great digital technology as well. investing last year in November was still a good investment considering the pump up to 40k$.

However, 0.0003 was just a small amount of money the lower your investment the lower your profit is gonna be if you want a higher profit you need to buy a higher volume to multiple your investment.

I would recommend for you to invest more for higher profit don't sell yet probably the fee in withdrawing is high and the fee was your entire investment already.

.
HUGE
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February 01, 2021, 06:55:50 PM
 #73

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
*if this is your investment then just HODL...
btw, Where do you HODL your Bitcoin, in a private wallet, or an exchange? if you put it on an exchange then just leave it there because the Bitcoin withdrawal transaction fees that are charged on almost all exchanges are very large at this time.



BIG WINNER!
[15.00000000 BTC]


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Rainbot
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February 01, 2021, 09:55:02 PM
 #74

There is different use with bitcoin, it is developed for specific purpose and now it has got multiple usage. Some prioritise it as an investment, some give importance for large scale transaction needs, some use it for the gambling needs and the usage keeps counting. In whatever way we use, the rest we keep hold serves as an investment. This is where the bitcoin is better than having a fiat based investment.
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February 01, 2021, 10:12:49 PM
 #75

Indeed, bitcoin is a really good investment, just imagine if you bought some bitcoin at a time that the price is not really high just like today, you may be a millionaire as of now. There are some people that are still thinking that bitcoin is a scam, we all know that it is not. There are some projects that are requiring bitcoin as an investment and they lack knowledge about everything that important, that is why they are thinking that bitcoin itself is a scam.
The people who still think bitcoin are scams, of course they don't keep up with technological developments. Bitcoin is the most valuable digital currency asset today. Many companies and agencies started buying bitcoin until the price hit a new ATH of over $ 40k per Bitcoin. Bitcoin can be developed and used by any project and anywhere that can be profitable or detrimental with many scam projects. Actually it is not bitcoin that is said to be a scam, but a project run by a scammer who is considered a scam. Bitcoin is just a tool for a project.
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February 03, 2021, 07:03:07 AM
 #76

if it's investment money I think you can use the money to become a bigger profit. look at the price of btc has increased, you can do things that you think are able to multiply your profits to be bigger. isn't that a good idea for now
Multiply that small fraction of bitcoin into something big? Yeah right you would need a 1000x profit multiplier on that to get something worth your time. Roll Eyes

The amount of bitcoin that has been bought by the OP is very small. Something close to what the bitcoin faucets used to dispense at one time. If they are serious of making money, OP would buy more coins when they have money at hand and the price is low. Investing should be done with a decent capital, not something just to make fun of others and show off - thats called bragging and the diligent investor never brags about their profit.

Dont buy at this price though, unless it becomes the next stagnant price level of bitcoin.

R


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February 03, 2021, 09:06:53 AM
 #77

You've already earned some income from these bitcoins, and it's up to you to decide. But I suggest not to sell it. Prices may rise in the future.
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February 03, 2021, 09:24:11 AM
 #78

The people who still think bitcoin are scams, of course they don't keep up with technological developments. Bitcoin is the most valuable digital currency asset today. Many companies and agencies started buying bitcoin until the price hit a new ATH of over $ 40k per Bitcoin. Bitcoin can be developed and used by any project and anywhere that can be profitable or detrimental with many scam projects. Actually it is not bitcoin that is said to be a scam, but a project run by a scammer who is considered a scam. Bitcoin is just a tool for a project.
About the issue of scam, even bitcoin is not linked to most of the scam, most are linked to ICO, IEO, DeFi projects, blockchain attacks, dApps, classic exit scam and many phishing attempts that led to crypto loss. Many of these and many more and not linked to bitcoin. Bitcoin is not ponzi, it has strong and unbreakable blockchain with open source codes and decentralized design. Nothing alike scam about bitcoin, it is legit and fully legit.

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February 03, 2021, 09:27:54 AM
 #79

You've already earned some income from these bitcoins, and it's up to you to decide. But I suggest not to sell it. Prices may rise in the future.
If you are not in need , why sell ? this was investing and not trading , it is clearly mention in the Title that "Bitcoin is an Investment " so lets stay on that topic .

also i don't know why so many people are wishing to use Bitcoin for their trading activities when there are many currencies available other than BTC that moves faster and can possibly make their trading more functional than Bitcoin that moves sometimes like a Turtle .
Bitcoin should be treated like gold. Continue to invest in it and hold on to it long-term.
on this ? + 5 i am.

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February 03, 2021, 09:54:10 AM
 #80

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
Top Trading Strategies for Bitcoin
One that is ideally aligned to your own individual objectives, risk appetite and available capital is the best bitcoin (BTC) trading strategy. However, with bitcoin traders, there are a few strategies that have become common. They include:
1. HODLing
2. Hedging
3. Trend trading
4. Breakout trading

HODLing- Perhaps what's widely known as 'HODLing' or 'holding on for dear life' is the most popular bitcoin technique. In 2013, when bitcoin's price was dropping and a user mistakenly typed'hodling 'rather than' holding 'to suggest that he would not quit his spot, the word was coined fist. Since then, it has developed into a strategy that revolves around holding a long position on bitcoin in the hope of growing values over the long term and returning to the 2018 peaks. Bitcoin, however, is notoriously volatile, which means that losses may result from this strategy. This is why, without a strict risk management plan in place, the technique is rarely recommended.

Hedging- If they assumed that there would be a short-term decrease in the market price, individuals who already own BTC might consider hedging their bitcoin risk. In order to minimize or remove the exposure to current positions, hedging is the process of opening strategic trades. In this case, by opening a place to short bitcoin, which entails selling the asset for the current market price in the hope that it would fall, you will hedge an established holding. You will then buy it back for the lower price and benefit from the difference if the stock price had plummeted. This would mean that any loss on your original bitcoin holding would be compensated by your short bitcoin trade's benefit. There are a few financial instruments that traders can use to hedge their exposure to bitcoin, but a large majority of traders prefer to hedge difference contracts (CFDs). So, unlike conventional short-selling, which would require borrowing bitcoin to sell, you would never need to sell your bitcoin to put a short sale.

Trend Trading- One that hits consistently higher highs or lower lows is a trending market. The technique is acceptable for various timeframes, since you basically keep your place open for as long as you think the pattern can continue, whether it's hours, days, weeks or months. Bitcoin itself is, for many, a movement. In 2017, it experienced a massive rise in popularity, which caused it to hit a peak of $ 19,763.50 that year in December. The driver of the movement was that the next big thing, feeling what is known as FOMO, or a fear of losing out, was not to be missed by people. It is important, as such a common market, that trend traders stay up-to-date with any news and events that could affect their price.

Breakout Trading- In a pattern, ready for the bitcoin price to 'breakout' from the previous range, breakout trading means joining the market as soon as possible. The strategy is based on the assumption that significant volatility will start once a market breaks through a main support or resistance stage. In order to ride the trend from start to finish, Bitcoin traders will therefore aim to enter the market at these main points. Bitcoin traders will also use volume levels as validation signals and technical indicators, such as the RSI or the moving average convergence divergence, to define support and resistance levels (MACD). Once you have defined these levels, you may open up a role. Tell that bitcoin is actually trading between $11,000 and $11,050. Your technical analysis shows that it will break into an upward trajectory once it reaches the $11,050 price point. So, when the market rises to $11,051, you plan to place an entry order to open a long CFD position. Your CFD will be executed if the price rose to this amount and you could ride the bitcoin trend before your research showed it was going to reverse. Your bitcoin place will never be enforced if the market price did not ever reach the $11,051 stage.

Source: https://www.ig.com/en/trading-strategies/best-bitcoin-trading-strategies-and-tips-190813
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February 03, 2021, 10:19:10 AM
 #81

If indeed the funds you are using to invest in Bitcoin are not funds that will be used in the near future. I recommend that you keep it in your wallet,
my advice is you go back to buy Bitcoin. Because the Bitcoin investment of 0.0003 BTC is too low to be able to feel the profit you get. Just set aside
your 10% salary to buy Bitcoin every month, so you can get a much bigger profit.

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February 03, 2021, 10:49:08 AM
 #82

People cannot fully appreciate all the advantages or disadvantages not only Bitcoin but cryptocurrency in general. Many are simply afraid of this new and incomprehensible. But their fear is justified, the crypto space and the factors of its existence are really available to very few. It will take years until Bitcoin is recognized everywhere and becomes a full participant in the global economy.
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February 03, 2021, 11:00:45 AM
 #83

People cannot fully appreciate all the advantages or disadvantages not only Bitcoin but cryptocurrency in general. Many are simply afraid of this new and incomprehensible. But their fear is justified, the crypto space and the factors of its existence are really available to very few. It will take years until Bitcoin is recognized everywhere and becomes a full participant in the global economy.

Many are afraid because scam is so rampant here, many got victimize by those hyip and other types is scamming that's why it's not surprising for other talk about bitcoin is scam to their friends. But let them came thru that since it's still good thing that they are just afraid since still they heard the word bitcoin and I'm sure once they see many people are earning a good profits with it for sure those afraid people will became adopter in future.

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February 03, 2021, 11:06:51 AM
 #84

People like Elon Musk help to popularize Bitcoin and other cryptocurrencies. I think it can take 5-7 years and a lot of people and countries will be ready for the new money era.
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February 03, 2021, 02:09:20 PM
 #85

People like Elon Musk help to popularize Bitcoin and other cryptocurrencies. I think it can take 5-7 years and a lot of people and countries will be ready for the new money era.
no one knows for sure !! which is certain bitcoin will be recognized worldwide in a period of time sooner or later. although many people consider it a dangerous investment, for that before investing it would be nice to know all the risks

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February 03, 2021, 02:42:09 PM
 #86

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

alongside being a digital cryptocurrency, the fluctuating nature of the value if BTC makes it an high value return asset (with returns a cut above others that it became an institutional level asset ) ,
now to your question you can pull out and spend your profit if you really want that profit to go decay or you can just invest in other crypto by studying and analysing their growth.
 
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February 03, 2021, 03:05:45 PM
 #87

People like Elon Musk help to popularize Bitcoin and other cryptocurrencies. I think it can take 5-7 years and a lot of people and countries will be ready for the new money era.

we cant say that for sure ,
the highly fluctuating value of BTC does surely makes it an excellent asset but to accept as a currency is something else with this much fluctuation in value I don't believe that any government would accept BTC in addition the anonymous nature doesn't seems to go well with governments ,
they would surely fear that BTC would be used in funding criminal activities  or even in funding terrorism .
until  and unless the governments don't gain some rights over the transactions and tracking of transactions  in don't believe they would authorize BTC .
yes BTC would became famous but the legality of BTC would still be a problem.
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February 03, 2021, 05:37:23 PM
 #88

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
Many people will laugh at us the first time that they will hear that we put our money into bitcoin or easily buy bitcoin because they will say that bitcoin is not an investment and they are seeing bitcoin no future. But what we are seeing in the future in which we take the risk and buy bitcoin in order for us to invest our money and look what is happening right now, bitcoin is hitting for $40,000, and still there is a chance to break again the ATH. If I were you I will suggest withdrawing already your investments because you already have a profit and buy again when the price of bitcoin is low.



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February 03, 2021, 05:56:32 PM
 #89

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

You have already gain enough, so it's up to you what you wanna do. As it is your investment fund and not for spending, so there is no need to worry about selling now. As more and more investors are pouring in, so I believe there is high possibility that bitcoin will make more gains in near future. Over the years, bitcoin has been the best investment sector as other sectors have been struggling and Covid - 19 have also increased investors woes. There is also general fear that if some governments start banning bitcoin then it would crash again. In spite of that it wouldn't be a bad idea to keep some bitcoin in the wallet. Who knows if luck favors then it would hit new peak again.

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February 03, 2021, 06:33:23 PM
 #90

If you do not need this money right now, then you should leave it in the cryptocurrency, because there is a great chance to get even more profit from it. Nevertheless, if now you need them in fiat, then sell bitcoin, there is only a small chance that btc will skyrocket. Personally, I would leave it just in case, suddenly such a miracle happens. I came across such topics many times. I advise you to decide for yourself what to do. Because in the future you will think that you listened to someone and therefore lost everything. It is better to make your choice, although it will not be correct.
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February 03, 2021, 07:41:34 PM
 #91

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

You are right, BTC is an investment asset that has already given all its investors the opportunity to make money and I hope that this will continue in the future. I also try to gradually invest in BTC as I understand the importance and benefits of this cryptocurrency. The fact that many still do not take our actions seriously and believe that investing in BTC is nonsense, this is for now, until you get your profit.
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February 03, 2021, 08:12:53 PM
 #92

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

This is a critical mindset. Yes, you can see that bitcoin andd other digital currencies to be an investment and not for expenditures. But keep in mind that you must also balance on things you would invest on. Yoou shouldn't all in in a single currency. Invest not only in crypto, but also in stocks, in mutual funds, in certain insurances etc. Don't ever be settled to the promise that Bitcoin would moon. Yes it would be, but there are also possible disasters and events that you need money as an assurance. Yes, you can buy more in the future when you invest more and more today.. but you cannot have any future at all if you don't have any insurances at all.
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February 03, 2021, 10:06:44 PM
Last edit: February 06, 2021, 11:27:47 AM by GeorgeJohn
Merited by Lordhermes (1)
 #93

Normally bitcoin is investment likewise other investment, but we have to understand the concept of investment first, it's not like bitcoin major place for investing, so from my perspective investment is anything we adventure into that brings or yield return positively, such as Crude, Gold and other numerous to be mentioned, so its obvious that investment is a multiplication of our initial target to be double or triple depends the amount or rate of finance adventure into the process of investment, so its good to investment especially in btc because bitcoin is a digital and also decentralized currency that we know that no one can regulate or controls.

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February 04, 2021, 01:11:23 AM
 #94


The use of encryption technology makes Bitcoin very safe. Bitcoin is easy to transfer, you can use it anywhere in the world. And due to scarcity or fixed supply, the value of Bitcoin is likely to increase.
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February 04, 2021, 01:16:05 AM
 #95


Bitcoin is an investment. Bitcoin has successfully achieved a leap. From a very speculative idea that may exist for a short time, it has developed into an asset that is likely to exist for a long time and has a certain value in the future.
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February 04, 2021, 01:19:14 AM
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 #96


As a new type of asset class, Bitcoin has attracted strong attention from many traditional institutional investors. And in order to meet the compliance and security requirements of traditional institutions for Bitcoin investment, ourbit transaction search, as a traditional investment tool, has become the best channel for the current Bitcoin investment market, and has gained more and more traditional investors Favor.
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February 04, 2021, 01:21:23 AM
 #97


The continued expansion of the Bitcoin trading market has provided a necessary market foundation for a larger amount of funds to participate in Bitcoin investment. The volatility of Bitcoin and various traditional assets lacks obvious correlation, which meets the asset allocation requirements of macro funds.
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February 04, 2021, 03:41:28 AM
 #98

Normally bitcoin is investment likewise other investment, but we have to understand the concept of investment first, it's not like bitcoin major place for investing, so from my perspective investment is anything we adventure into that brings or yield return positively, such as Crude, Gold and other numerous to be mentioned, so its obvious that investment is a multiplication of our initial target to be double or triple depends the amount or rate of finance adventure into the process of investment, so its good to investment because digital and also decentralized currency that we know that no one can regulate or controls.
Bitcoin is a decentralized platform so we can't fix price of BTC , It will be varied depends on market demand. But how you think It can't be regulate or control, for example once it is accept any country they have rights to regulate some points because of security of the peoples. We know BTC is a more strong algorithm so it is more supportive platform. In my point of view it is an both asset and investment so surely everyone buy and hold for long term.
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February 04, 2021, 06:20:44 AM
 #99

Normally bitcoin is investment likewise other investment, but we have to understand the concept of investment first, it's not like bitcoin major place for investing, so from my perspective investment is anything we adventure into that brings or yield return positively, such as Crude, Gold and other numerous to be mentioned, so its obvious that investment is a multiplication of our initial target to be double or triple depends the amount or rate of finance adventure into the process of investment, so its good to investment because digital and also decentralized currency that we know that no one can regulate or controls.
Bitcoin is a decentralized platform so we can't fix price of BTC , It will be varied depends on market demand. But how you think It can't be regulate or control, for example once it is accept any country they have rights to regulate some points because of security of the peoples. We know BTC is a more strong algorithm so it is more supportive platform. In my point of view it is an both asset and investment so surely everyone buy and hold for long term.
You misunderstood me, I know vividly that bitcoin is decentralized currency which no one controls it price except determination of it's marketcap, I did not said that if countries accept or adopt cryptocurrency especially bitcoin the privileges will be given to such country to regulate bitcoin price, no, everyone knows that bitcoin is digital currency and it doesn't have a fixed price and it always regulate all over the world.

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February 04, 2021, 07:20:26 AM
 #100

If you want to use the money now, you can sell some of it first and sell the rest when the price rises.
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February 04, 2021, 07:57:17 AM
 #101

If you want to use the money now, you can sell some of it first and sell the rest when the price rises.
0.0003 is not a lot of money if you sell it for profit right now, in my opinion, I would just go for an all in selling because I wouldn't enjoy the profit if I were to divide it to parts where I will hold some bitcoin and getting little amounts of money from the profit. It could be a different instance if OP bought around 0.1 or 0.01 or 0.009 bitcoin because by the time those prices are were bought, it is a lot of money so dividing the bitcoin to equal parts of what to sell and what to hodl is understandable since you can have a good profit out of it no matter how you want to divide it. And, forget about those friends, they clearly do not care about you because they see you as a fool.
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February 04, 2021, 08:53:42 AM
 #102

Glad that you are making profit. So you want to know if you should sell now or not, right? This is a question that only you can answer. Do you need the money badly? If no, then why even bother selling. What if the price drops, will you be able to take the loss? If no, then sell. You have already made enough profit. But remember even when the price drops, as long as you haven't sold anything you didn't make any "loss". You still have the same amount of coins. If you are planning for holding long term, then don't sell even when you see the price is dropping. Remember, in the long run, the price is bound to increase. So ask yourself some simple question and see if you should sell or not.

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February 05, 2021, 06:30:16 AM
 #103


Bitcoin is an investment, and people use it because it benefits them and makes money.
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February 05, 2021, 10:42:11 AM
 #104

Looking at the current market somehow price will surely fly again. As what others been saying here if you are not in a hurry might as well hold. Bitcoin has more to offer for the users and stacks some while you can to add in your portfolio. Maybe in a few years time 1 Satoshi is hard to accumulate.
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February 05, 2021, 10:53:15 AM
 #105

It's fine to hold it just a little longer since the price is not bad, and maybe after weeks or months you may want the price and sell what you hold. But still, it is really up to you if you want to hold it in and have a greater profit in the future. Bitcoin is really an investment and it's actually good for investing because you are in control of what would you want to do with it, and you can consider your other plans with it.

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February 05, 2021, 11:07:56 AM
 #106

Since you are not spending it, there is no need to sell your BTC. You should've sold it when the BTC price is at its ATH if you really have an intention of selling it once you have hit a certain target. I secured all my profit during it's ATH, my only mistake is not onvesting back when the market plunged down to almost 25k$, I could've earned more money.
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February 05, 2021, 11:34:32 AM
 #107

Look brother, if it were me, I would take half of my profits and reinvest it in stocks or any less risky investments and save some as an emergency fund just for unprecedented emergencies. This is because from experience, every pump has a fall. even when it reached 40 we saw it sink back to 33k-ish something. so be wise. This is an honest advice from someone who has experienced a lot in this industry and I really hope a lot would earn more in this industry and not just the whales. So good luck brother, I hope I was able to help.
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February 05, 2021, 11:47:13 AM
 #108

I think this time hold for good profit.I am sure that the BTC will take the leading place in this world. I advise everyone to invest on BTC . I'm very happy to participate.
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February 05, 2021, 11:50:32 AM
 #109

Its a good decision that you buy bitcoin last year before the price skyrocket and congrats for making profit. But your question can only be answered by you since its your money.

Since you said the money you invested is not for spending (and I assume you dont need it yet) then keep holding. We dont know whats ahead but knowing btc, there's more to look forward and we might reach another ath again soon.

Nevertheless if ever you sell now its fine because you already gain, thus it all depends on your decision to hold or take profit.

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February 05, 2021, 09:11:45 PM
 #110

People like Elon Musk help to popularize Bitcoin and other cryptocurrencies. I think it can take 5-7 years and a lot of people and countries will be ready for the new money era.
no one knows for sure !! which is certain bitcoin will be recognized worldwide in a period of time sooner or later. although many people consider it a dangerous investment, for that before investing it would be nice to know all the risks

If you can't take the risks, you should not invest in it. There are a lot of people blaming bitcoin because it fell down when they invested saying that it is a scam while it is their fault not knowing how the price moves. People should really know the risks and invest money that they can only lose.

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February 05, 2021, 09:24:03 PM
 #111

That highly depends on your present needs, if you think you'll have something to spend it with that you needed dearly, then sell it, if none then hodl. Although personally what I would do is to sell some of it, keep some, then gradually work my investments up once again using the money I withdrew.
if you say bitcoin as an investment then it is the right choice and of course very smart because the price of bitcoin is getting more expensive from the influence of high demand while the supply of bitcoin is very limited it will make bitcoin prices always go up and of course it can give a lot of profit to bitcoin holders, so what are you waiting for, we have to buy as much bitcoin as we can for a bright future.
It is an asset, of course purchasing bitcoins will be considered an investment.
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February 06, 2021, 11:41:28 PM
 #112

Currently market doesn't go right in that sense. The advertise cost isn't reliably expanding and with that being said, holding, alone, isn't sufficient to pick up benefit. You ought to learn how to purchase amid moo showcase cost and offer at whatever point the cost is tall. In such way, benefit will be greater than to fair lay down and hold up for things to happen. I do appreciate your courage to invest with the money you have got back at that point.

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February 06, 2021, 11:59:50 PM
 #113

Don't always hurry to buy and sell because if money because Bitcoin investment should be for the long run. If you have money to purchase again, you may sell but it will be costly, so I do suggest you leave it and let it grow. Bitcoin price will still be higher than it present state.
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February 07, 2021, 02:16:08 PM
 #114

Bitcoin is a good way to invest your money. In recent time, bitcoin has been attributed and identified by many as digital gold i.e just as the normal physical gold is good for investment, so also is the digital gold (bitcoin) good for investment as well. The question then arises, "how long are you willing to hold your investment in bitcoin once made.

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February 07, 2021, 02:27:38 PM
 #115

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.
It is always up to you if you really want to sell all your bitcoin with that long term investment you did since you trusted bitcoin that long see now you have a fruit to harvest and your laughing friend believed you now like what you did on bitcoin last time you put your money in, I know this felt because when im inviting my friend too there all laughing at me they'll telling me that bitcoin isn't that worth and im just wasting money , time and effort , but for my suggestion you should learn more about bitcoin investment so you can grow them from trading or investing it into another coin. Since your having doubt about selling and holding read some more information that will open up your mind into outside the box that might help you someday to earn more.
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February 07, 2021, 02:37:42 PM
 #116

It's not at investment.  But sometime It's needs to investment. But we earn free bitcoin by many site.  Like as crytotap. 

Suppose you invest 20$ and you can get back 40$. It's mean you back double profite.  So you can try to invest and you got more bitcoine.
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February 07, 2021, 02:43:23 PM
 #117

Bitcoin is a good way to invest your money. In recent time, bitcoin has been attributed and identified by many as digital gold i.e just as the normal physical gold is good for investment, so also is the digital gold (bitcoin) good for investment as well. The question then arises, "how long are you willing to hold your investment in bitcoin once made.
Bitcoin is a cryptocurrency that works like an investment even if stored in an account.  The price of Bitcoin is constantly rising.  Even if you buy and deposit Bitcoin in your account, its price is increasing.  This means you are making a profit on your investment.
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February 07, 2021, 02:55:02 PM
 #118

Looking at the current market some way or another cost will without a doubt fly once more. As others been saying here in the event that you are not in a rush should hold. Bitcoin has more to bring to the table for the clients and stacks a few while you can add to your portfolio. Perhaps in a couple of year's time 1 Satoshi is difficult to amass.

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February 08, 2021, 05:12:21 PM
 #119

I put money with my friend and we bought one bitcoin and now we have a profit of 20% and I can affirm that it is a true investment.
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February 08, 2021, 05:28:18 PM
 #120

Now you make fun of them and hope for your future bro.
Bitcoin has reached very high prices since the day you bought it, and I do not know if we will see $ 40,000 next year, right?
Anyway, I hope that one day we will not miss these days and build a good future.
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February 08, 2021, 05:37:14 PM
 #121

I put money with my friend and we bought one bitcoin and now we have a profit of 20% and I can affirm that it is a true investment.

You must have spent a lot of money on this. If I were you, I would divide this money into several parts.
Bitcoin, gold, stocks, oil, etc. are good sources for investment.Although Bitcoin has made good money over this period, it is a big risk that I will invest a lot of money in one thing.
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February 08, 2021, 05:57:36 PM
 #122

i did the same thing last year in July or October but I sold my BTC because I needed the money, but if anyone has the currency and in no need of immediate money for anything, then it is a waste to sell now because the news has predicted that BTC may Hit 10k this year because of the online marketing and because everything is turning itself into online then it is best to hold on to your BTC and sell when it is on its highest.

but keep checking the market time time  Smiley
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February 08, 2021, 06:42:35 PM
 #123

I put money with my friend and we bought one bitcoin and now we have a profit of 20% and I can affirm that it is a true investment.

You must have spent a lot of money on this. If I were you, I would divide this money into several parts.
Bitcoin, gold, stocks, oil, etc. are good sources for investment.Although Bitcoin has made good money over this period, it is a big risk that I will invest a lot of money in one thing.
It is good to diversify when it comes to investing but Bitcoin has outshined every other investment setting. However, I don't support the stocks investment cause Gold mining, oil and gas are good from my understanding
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February 09, 2021, 08:09:10 AM
 #124

Bitcoin is a good way to invest your money. In recent time, bitcoin has been attributed and identified by many as digital gold i.e just as the normal physical gold is good for investment, so also is the digital gold (bitcoin) good for investment as well. The question then arises, "how long are you willing to hold your investment in bitcoin once made.

Yes, you are right, but for investment it must also be calculated with the funds we have. at times like this maybe investing in bitcoin is quite expensive, but you can still invest, but you can do with altcoins that might be able to adjust to your abilities or funds. it is true that bitcoin investment is almost the same as gold but there is still a difference because bitcoin has a risk, but not with gold in its investment.

Bitcoin is a cryptocurrency that works like an investment even if stored in an account.  The price of Bitcoin is constantly rising.  Even if you buy and deposit Bitcoin in your account, its price is increasing.  This means you are making a profit on your investment.

something is different between gold and bitcoin, you are right that gold is in its visible form whereas bitcoin is not. but both of them can make an attractive investment.
Obviously, investing in gold and bitcoin has a difference because gold without risk is different from bitcoin which is full of risks, but it is precisely with this risk that bitcoin can generate large profits and is different from gold.
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February 09, 2021, 08:42:40 AM
 #125

I bought a bitcoin what 0.0003 BTC last year November with only money that left with me when I finished my program and named it investments, many of my friends started laughing that my money has gone and bitcoin will fall and is out of surprised bitcoin moved to 19k, 20k, 30k and 40k, so I'm excited for having double of my btc within some months, I want to know if I will sell it or withdraw it, because is a investment money not for spending.

As an investment, you could try to utilize some of the profits to invest in other Alternate Cryptocurrencies that also has the potential to grow and surpass their current values. That is one way to earn more from the investment that you have made to Bitcoin since its all within a single industry. Another thing that we can do is create a physical business since that we can turn our Cryptocurrencies into tangible cash with a process and then by creating that business we could create more income and its not just from the Crypto Industry.

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February 09, 2021, 09:09:11 AM
 #126

As an investment, you could try to utilize some of the profits to invest in other Alternate Cryptocurrencies that also has the potential to grow and surpass their current values. That is one way to earn more from the investment that you have made to Bitcoin since its all within a single industry. Another thing that we can do is create a physical business since that we can turn our Cryptocurrencies into tangible cash with a process and then by creating that business we could create more income and its not just from the Crypto Industry.
You have to be careful with this one advice though, the chances that an altcoin is a shitcoin is pretty high in most cases, they are just a fool's gold. What I think is a better way to grow the money is to invest it on gambling sites although the problem with this one is that there will be days that has losses but the profit outweighs it greatly, it is more better than just hodling your bitcoin and let it sit there and wait for the prices to grow when you can invest it. Take precaution as there are a lot of investment scams and it is best if you research and consult with people that have invested their bitcoin in a gambling site.

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