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tbterryboy
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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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Rainbot
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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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