BTC is over $54,000, hold or sell?

[TCW003]

All of us are talking about this bull run is encouraged by institutions.
Suppose as an individual, will you sell your bitcoins at a good price or just hold them?

[mk4]

Lol a lot of us true avid Bitcoiners here aren't planning on selling anytime soon, or anytime entirely. Some of us are just planning on holding, and use it from time to time to purchase stuff in the future when it gains more adoption.

If you're just a trader though and if you're happy with selling at 54k— then just sell.

[TCW003]

Lol a lot of us true avid Bitcoiners here aren't planning on selling anytime soon, or anytime entirely. Some of us are just planning on holding, and use it from time to time to purchase stuff in the future when it gains more adoption.

If you're just a trader though and if you're happy with selling at 54k— then just sell.

With respect to HODLers!

[Lorence.xD]

With respect to HODLers!

I wanted to sell what I currently hodl but I don't think that I won't be getting a lot of money and not to mention that I know that these prices are going to up this year, I just have to save what I currently hodl and just top it up more so when my right time comes, I can get a big profit margin.

[Daryl_Dixon]

If I am in this situation, I will definitely keep bitcoin. Why sell bitcoin when we know how much its price will increase in the next 5 or 10 years and more people and more institutions and companies will enter this big world ?

[cryptomaniac_xxx]

All of us are talking about this bull run is encouraged by institutions.
Suppose as an individual, will you sell your bitcoins at a good price or just hold them?

Our last all time high is around $57k if I'm not mistaken, so why would you sell at the current price of $54k? doesn't makes any sense. And you yourself said that this bull run is encouraged by institutions, so most likely this will continue. Next target is around $60k-$70k for the next short term top. So for me better wait for the price to reach that goal before selling. Of course, the best thing to do is to hold for long term, but every individual has difference goals here, so best of luck in your decision.

[Bttzed03]

Another option you can choose from is to lend it on custodial platforms like Nexo and Blockfi to earn interest but keep in mind of the risk of not owning your BTC because you don't hold the keys.

You can also trade it with an altcoin pair. There's a good chance that you'll gain more BTC on this bull run than selling it to fiat/stable coins.

[qory]

All of us are talking about this bull run is encouraged by institutions.
Suppose as an individual, will you sell your bitcoins at a good price or just hold them?

If you are not sure you can just sell half of it at least you still have some more if the price goes up and the other half you could buy other coins with that. It's better if you spread your investment to multiple coin and not just on Bitcoin.

[pooya87]

It's very simple, if there is anyone that has to ask others whether they should hold or sell their bitcoins when price reaches $X (where X is any value at any time) then they should not own any bitcoin in first place. My recommendation to these people is to sell the moment they feel they should ask this question without waiting for answers.

[TCW003]

Our last all time high is around $57k if I'm not mistaken, so why would you sell at the current price of $54k? doesn't makes any sense. And you yourself said that this bull run is encouraged by institutions, so most likely this will continue. Next target is around $60k-$70k for the next short term top. So for me better wait for the price to reach that goal before selling. Of course, the best thing to do is to hold for long term, but every individual has difference goals here, so best of luck in your decision.

I agree with you but it's difficult to catch the top point and not easy to leave the profit with me. Looking back the year of 2017, most people think bitcoin would keep rising, ignored the best selling chance. Well maybe you will not make the most profit but at least you locked the profit.

[TCW003]

If holding them, when to sell?
I was used to investing in mining bitcoin and now I mine less and trade more.
When I mine bitcoin, I can hold them for long, because my machines are keeping running, which makes me feel safe that I can accumulate more in this way.
Right now, more difficult to buy machines, so trading is another option. If I didn't sell, no chance to get more coins.

[sunsilk]

Suppose as an individual, will you sell your bitcoins at a good price or just hold them?

HODL.

If holding them, when to sell?

When you're satisfied with the profits. It's actually your decision and you can listen or not to the suggestion of others. We have different situations in life and for people like me, I can endure of not selling it and hold it until I can.

But for you, you don't have to be dependent with others words. If you're thinking of selling it as you have plans to do something for the profits you'll be taking then do it.

If I didn't sell, no chance to get more coins.

You can always accumulate at any price if you want to but if that's what you think, follow your heart. But for some of us, we'll hold.

[aoluain]

All of us are talking about this bull run is encouraged by institutions.
Suppose as an individual, will you sell your bitcoins at a good price or just hold them?

What exactly are you doing? are you trading or do you want to get out or are you
selling because you need to buy something? Why $54k?

If you are trading and asking this question you shouldnt be trading. you should be able
to read the charts and various signals and make an informed trade.

Coming on the forum and asking 1,000,000 people what they would do doesnt make
sense, you will get predominantly HODL as the answer.

[Flying11Horse]

All of us are talking about this bull run is encouraged by institutions.
Suppose as an individual, will you sell your bitcoins at a good price or just hold them?

If you are not sure you can just sell half of it at least you still have some more if the price goes up and the other half you could buy other coins with that. It's better if you spread your investment to multiple coin and not just on Bitcoin.

I like your advise ,we can call your advise as a  safe zone in doing trading.It's safer to sell half coins to get profit rather than being greedy and waiting it's price to go high ,if suppose it didn't go as planned and the price dropped then we will face serious loss.I have done this mistake ,I invested all my btc on one coin and gained huge lost. So everyone be careful in this crypto world.

[Coinsfera]

All of us are talking about this bull run is encouraged by institutions.
Suppose as an individual, will you sell your bitcoins at a good price or just hold them?

It is too low for Bitcoin. Still early to sell BTC given. Many think that it will reach $75k in this bull run and $100k during the year. Hodl on tight!

[jjdub7]

All of us are talking about this bull run is encouraged by institutions.
Suppose as an individual, will you sell your bitcoins at a good price or just hold them?

Unless I have a very urgent need for funds (fortunately this is not the case), I don't think Bitcoins should be sold now. In my opinion, things will only get better for the crypto community and the crypto market in the near future. My opinion is obligatory - we hold.

[Ausgewielt]

I sold my btc regarding elon musk statement on Twitter. The price at that time was fell down, so I think maybe that is the right time to sell my btc. It seems that I was wrong, the price starting to rise again. I am a type of bitcoin holders who sell bitcoin when the price high and I will buy bitcoin again when the price is cheaper. Now I don't have good position to buy so I will wait. I really regret because I easily trust news in instagram about bitcoin without check any new news here. I will be more careful.

[mezzaluna]

All of us are talking about this bull run is encouraged by institutions.
Suppose as an individual, will you sell your bitcoins at a good price or just hold them?

I personally believe that the bull run is influenced by certain factors and one of them is the influence of Elon Musk. Joining the bull run still depends on the user's preference on what to do with the current money/cryptocurrency he is hodling. Some people always watch the values fluctuate but does not do something about it because they want their money at the highest possible value which nobody knows when will come. Selling at that value is only reasonable because we can already gain great profit from it and we can use it however we see fit. We can multiply that money in creating a physical business because our options are endless.

[rodskee]

All of us are talking about this bull run is encouraged by institutions.
Suppose as an individual, will you sell your bitcoins at a good price or just hold them?

I'm not in a Hurry to profit now mate so i think holding is what i will prefer today or maybe up to this whole year. I know that some of us can make money in short term holding but i doubt it can be applicable for everyone .

54,000$ is lower that what the price just reached weeks ago and this being on the wait for many of us that believes in will increase more and more this 2021.

[barto123]

My advice:

Don't trade #Bitcoin in the hopes to get rich overnight - it's a long-term play.

Your purchasing power will probably gain at least 1000x from here & then it's scarcity will act as a dividend forever.

Why risk your position or your health?

Just #stacksats & enjoy life.