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

[Raflesia]

I already sold some of my bitcoin at $55k

I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.

Not happening right now as the price moves to $56k? But good selling price though, just a couple of thousands of dollars from our last all time high. Definitely, it's a good call on your side, since you have made profits already. Might have to wait for a bit for the price to make a correction before you can buy back cheap again. Most likely though if this March turns out profitable for all of us, we might not see $40k'ish again.

Correction must have happened then maybe it will be before it was the lowest price this year but will after this increase if it reaches $60k will it be corrected again? Of course, many of those moments have been waiting for with the previous analysis, they already understand how profitable in bitcoin in this short time is the one with the benefits you experience.

Could it be that when $40k has become the base price people will definitely flock to buy more with the previous profit this will make them forget the risks that will be faced, now that's where we have to maintain how the analysis is correct.

[acquafredda]

3. This is the one that's going to rock the boat! Because they ain't done buying yet, and new big investors ain't done coming!

What is unknown about all these big players is their attitude towards BTC over a period of time - that is, do they have a pre-determined exit point for profit or do they really believe that BTC can be their safe haven in the long run? There is one ascending line that has arisen because no one wants to miss the train that more and more reputable companies are jumping into - but what would happen if, say, PayPal or Tesla announced that they were leaving the business with BTC?

I believe it would be a sign for others to start withdrawing, because what we see is, despite the positive effect on the price, still very slippery ground - one negative decision of the US administration regarding cryptocurrencies can completely reverse the trend.

We saw many players, traders and investors coming in and leaving at some point and I believe that is more than natural for a market so frantic like bitcoin.
I will give you an example: do you remember the mining pools of the past? How many are there still? Very few, right?
I guess the same will happen for these companies which are buying bitcoin right now: some will stick to it long term like us hodlers and other will play with it.
That is fine until we reach some higher price as more companies want to get a fair share of btc

[maydna]

I already sold some of my bitcoin at $55k

I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.

Not happening right now as the price moves to $56k? But good selling price though, just a couple of thousands of dollars from our last all time high. Definitely, it's a good call on your side, since you have made profits already. Might have to wait for a bit for the price to make a correction before you can buy back cheap again. Most likely though if this March turns out profitable for all of us, we might not see $40k'ish again.

No problem if the correction needs more time to come, and if somehow, the price still increases and breaks $60k this weekend, perhaps, I will sell some amount of bitcoin again. That will help me make another profit, and still, I am waiting for the correction, and I am sure that will happen shortly. If we can not see $40k again, that will be okay because the bitcoin price can still stay above $50k for the rest of this year.

I already sold some of my bitcoin at $55k

I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.

indeed the decision to sell is that there must be the courage to hope that there will be another opportunity to buy when it goes down, because bitcoin already become is a short-term investment. it seems that the trend is headed there by bitcoin. quickly go up and quickly down, with a fairly high difference, of course if you use that opportunity it will certainly be not bad.

not all have the courage to make transactions like you do because with a high enough value it seems that the risk of losing is also thought of, even though we believe that bitcoin will increase again after the correction is made. lucky you can take advantage of that moment so that you get an advantage.
I agree that analysis is necessary before taking the steps to be taken.

As long as we can use the buy low and sell high, we will have a chance to profit. I think I still use bitcoin for short-term and long-term investment, and even I already sold some bitcoin at $55k, I still hold my bitcoin for the long-term, and if the price still increases higher, perhaps, I will sell another amount and take another profit.

I want to use this time to make as much profit as I can because I see that the moment is good to buy low and sell high, although sometimes, I need to wait for a day or more, that will be okay for me because I see the market seems doesn't move so fast.

[rodskee]

I already sold some of my bitcoin at $55k

You made the best decision as we have no assurance now of what is coming soon

If we wanna profit , we need to decide mindfully .

I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.

If the correction had already happen when the 43k drops happen then at least you are safe already.

i already did same but only 1/3rd of my Bitcoin and converted them to another altcoins.

[tygeade]

I already sold some of my bitcoin at $55k

I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.

It is not really a wise move to sell bitcoin when it is on the rise, it is still going higher and I think if you keep waiting for bitcoin to crash, you may end up being the upset party there because it may never crash, or at least not crash under the price you sell. I believe we are going to have a great increase and that will end up with us seeing 60k+ soon and even maybe 70k as well, if you sold right now, that means you sold way too early.

That doesn't mean that nobody should sell, there are two very valid reasons to sell bitcoin, one of them is needing money, sometimes in life we need money for something serious, not like getting a car or something, I mean serious stuff, like health or debt, and the second reason is to retire, if you think you have enough money you can sell and retire and have all the fun you want until you die because now you are retired. Aside from those two reasons, no reason could be given to sell bitcoin that makes sense.

[ScamViruS]

It's up to you to decide, no one will tell you to sell your bitcoin at $X price. If you really have Bitcoin then you must know about your target. Because everyone has their own target, I will sell my bitcoin if that bitcoin goes to $X price. So it is important for traders like you to set targets in advance.

And there are many hodler like me who are not so tense about selling their bitcoin, because our target has not been crushed yet. So I will think about selling my bitcoin later. Hodl.

[Taskford]

It's up to you to decide, no one will tell you to sell your bitcoin at $X price. If you really have Bitcoin then you must know about your target. Because everyone has their own target, I will sell my bitcoin if that bitcoin goes to $X price. So it is important for traders like you to set targets in advance.

And there are many hodler like me who are not so tense about selling their bitcoin, because our target has not been crushed yet. So I will think about selling my bitcoin later. Hodl.

Many users try to see more profits that's why they are keep looking to gain more without setting up their target, and this is one of dangerous act by traders since for expecting to much they might fall from bad trap and instead they gain they lose what they earn.

I also see people about not worried about everything since they put up some money intended for long term holding and Im sure they will be the winner since over the years price of bitcoin is increasing and most provably they or the lucky hodler can see more and earn from it if bitcoins pump more.

[wheelz1200]

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?

Honestly no one really knows right now.  Wouldn't be surprised with a quick run to $65k or a quick drop off back into the mid to lows 40s.  Assess your own situation and if you can afford to hold i would do so.  Sitting back and holding has paid off for those who have continually done so.  If you are going to sell off I would do it in pieces in case it does rise quickly you can still sell some at the higher prices while not completely risking your downside if it drops.

[buwaytress]

3. This is the one that's going to rock the boat! Because they ain't done buying yet, and new big investors ain't done coming!

What is unknown about all these big players is their attitude towards BTC over a period of time - that is, do they have a pre-determined exit point for profit or do they really believe that BTC can be their safe haven in the long run? There is one ascending line that has arisen because no one wants to miss the train that more and more reputable companies are jumping into - but what would happen if, say, PayPal or Tesla announced that they were leaving the business with BTC?

I believe it would be a sign for others to start withdrawing, because what we see is, despite the positive effect on the price, still very slippery ground - one negative decision of the US administration regarding cryptocurrencies can completely reverse the trend.

I personally have two exit conditions: one is time-bound, one is price bound. Whichever reaches first will trigger my exit. But this is always reassessed with personal situation and likely, when my age is something of concern.

I assume big players are even more strict with conditions and that's the same for any big fund. They have value targets and time-bound limits. All up for reassessment. So if they do leave BTC, it won't be any time soon. But fair concern indeed.

[danherbias07]

I had my regrets and I don't want to repeat that.
Sold most of my bitcoins at what I thought was the highest price it could get (using history) but I was wrong.
That's a good lesson to learn from old school Bitcoin holders here.
If you really don't need to sell it then don't. You just don't know what tomorrow will bring. If it's an emergency then go sell it.

[JimboToronto]

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

Buy.

That's a good lesson to learn from old school Bitcoin holders here.
If you really don't need to sell it then don't. You just don't know what tomorrow will bring. If it's an emergency then go sell it.

Amen.

[matchi2011]

I had my regrets and I don't want to repeat that.
Sold most of my bitcoins at what I thought was the highest price it could get (using history) but I was wrong.

What happened this year really surprises most of us, thinking that after breaking the last time high it will make another corrections, but it didn't happened but instead it rises more.

That's a good lesson to learn from old school Bitcoin holders here.
If you really don't need to sell it then don't. You just don't know what tomorrow will bring. If it's an emergency then go sell it.

Yeah right! if you don't need it then hold your asset as it is, you never know how high it can go as if there's no stopping till now.

[pinggoki]

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?

Of course I will sell it immediately when I saw the bullrun I panic sell it already so that I will be able to take my profit already. What are you waiting for? A bull run until $100k? I hope not. The $54k is already a big and a ath on the bitcoin history so you can sell it already all of your holdings because this is the perfect time that we are waiting for a long years. If it may pump up again then don't regret that you sell your holdings immediately because in the real life it is very hard to hit all the jackpot.

[Rana590]

I had my regrets and I don't want to repeat that.
Sold most of my bitcoins at what I thought was the highest price it could get (using history) but I was wrong.
That's a good lesson to learn from old school Bitcoin holders here.
If you really don't need to sell it then don't. You just don't know what tomorrow will bring. If it's an emergency then go sell it.

We have to more conscious about selling Bitcoin. It is more valuable asset at this time. We shouldn't sell bitcoin without any emergency. I sold my all the bitcoin without any need. But now, I'm saving bitcoin daily.

[fullhdpixel]

It's up to you to decide, no one will tell you to sell your bitcoin at $X price. If you really have Bitcoin then you must know about your target. Because everyone has their own target, I will sell my bitcoin if that bitcoin goes to $X price. So it is important for traders like you to set targets in advance.

And there are many hodler like me who are not so tense about selling their bitcoin, because our target has not been crushed yet. So I will think about selling my bitcoin later. Hodl.

I had a target, to sell at 13k and I am still holding lol. Sometimes targets are passed like crazy, so it is always nice to have dynamic targets, for example if you target is to reach 100k and "sell" do not sell as soon as it reaches 100k, just put a stop loss at 100k and if it drops there you will sell it and you still be selling at 100k anyway.

That is what I did, I waited for price to move above 13k, it skyrocketed way above 13k, and I put a stop loss on 13k if it drops, and it never dropped, I changed it to 20k recently and I am not going to sell mine until it is 20k or I have enough to retire and I think that is not going to happen anytime soon, which is why I believe I will hold bitcoin for at least another 10 years if it never reaches 20k levels.

Anyone can do whatever they want, maybe you want to buy a car? Maybe a house? Whoever wants to sell at whatever price they are free to do that.

[acquafredda]

I had my regrets and I don't want to repeat that.
Sold most of my bitcoins at what I thought was the highest price it could get (using history) but I was wrong.
That's a good lesson to learn from old school Bitcoin holders here.
If you really don't need to sell it then don't. You just don't know what tomorrow will bring. If it's an emergency then go sell it.

The road to enlightenment in the bitcoin world is hard as we need to face all sorts of demons before being truly able to handle this very wild stallion.
Who never made mistakes, never learnt anything new.
Allow yourself to make mistakes but of course try to avoid repeating them in the future. Once you are familiar with the bitcoin true potential you start to see things in a different perspective.
That is what I experienced during these challenging and awesome 9 years!

[globalpain]

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?

You are wrong if you say $ 54,000 is the end of Bitcoin, even though the current price of Bitcoin reaches $ 58k and will continue to rise to more than $ 60k, because the bull market will still continue, yes it is very risky to buy at high prices, but the future of bitcoin still very good, so my advice is to buy when correcting.

[maydna]

I already sold some of my bitcoin at $55k

You made the best decision as we have no assurance now of what is coming soon

If we wanna profit , we need to decide mindfully .

I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.

If the correction had already happen when the 43k drops happen then at least you are safe already.

i already did same but only 1/3rd of my Bitcoin and converted them to another altcoins.

Although I already sold my bitcoin at $55k, I still have bitcoin, and I am still waiting for the next high price. If the price does not reach more than $60k, I will not sell it, but I think I will buy back and sell bitcoin at a low price and high price because I think that can give me a chance to profit from the gap of the price.

I already sold some of my bitcoin at $55k

I am just waiting for the correction, and I think it is happening now, so I can bu back it and get more amount. It is another moment that I can sell it at a high peak, although the price still increases for a little bit after I sold it. But I make a profit now, and I have more time to buy back bitcoin. That will depend on yourself, whether you want to hold or sell it now because you must know when to buy or sell bitcoin. Always analyze the market before you do something.

It is not really a wise move to sell bitcoin when it is on the rise, it is still going higher and I think if you keep waiting for bitcoin to crash, you may end up being the upset party there because it may never crash, or at least not crash under the price you sell. I believe we are going to have a great increase and that will end up with us seeing 60k+ soon and even maybe 70k as well, if you sold right now, that means you sold way too early.

That doesn't mean that nobody should sell, there are two very valid reasons to sell bitcoin, one of them is needing money, sometimes in life we need money for something serious, not like getting a car or something, I mean serious stuff, like health or debt, and the second reason is to retire, if you think you have enough money you can sell and retire and have all the fun you want until you die because now you are retired. Aside from those two reasons, no reason could be given to sell bitcoin that makes sense.

Perhaps, you think that is not wise. But for me, I try to make a profit when the price increase. I don't know how high bitcoin prices can increase, and even the price hit $58k yesterday. I do not regret to sold my bitcoin early because I realize I can not always analyze better to predict how high bitcoin prices increase. But I believe that after the price hits the highest price, it will go down and adjusting to the lower price, so that will be my chance to buy back bitcoin.

I don't want just to sell bitcoin and make money, but I also want to have more bitcoin by buying bitcoin at a low price after I sold the bitcoin, only by doing that I have more bitcoin than the bitcoin amount that I have before. I need to make as much bitcoin as possible because I believe the bitcoin price will be more than $100k in the future. So if I only hold it without trying to increase the bitcoin amount, I can not make a big profit in the future. Perhaps, we have a different plan, so you say that.

[Ozero]

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?

Honestly no one really knows right now.  Wouldn't be surprised with a quick run to $65k or a quick drop off back into the mid to lows 40s.  Assess your own situation and if you can afford to hold i would do so.  Sitting back and holding has paid off for those who have continually done so.  If you are going to sell off I would do it in pieces in case it does rise quickly you can still sell some at the higher prices while not completely risking your downside if it drops.

This is a really good tactic. Now the price of bitcoin is quite high and is approaching $ 57,000, that is, to the previous price record, it would be reasonable to sell some of the bitcoins and convert it to a stablecoin, for example, USDT, in order to have a reserve in case of a deep correction. The rest of the bitcoins, of course, need to be held as long as possible.
It is only necessary to sell partially bitcoins if absolutely necessary, depending on our family circumstances. In general, bitcoin should rise in value this year.

[BuNga_cute]

All Bitcoin holders will be happy to see Bitcoin rise above the $ 54k price again. This is a sign the bull run is still on, my prediction is that Bitcoin price
will be over $ 58k in the near future. So I opted for HODL for now, because the results of the analysis that I did the Bitcoin support price at $ 55k was
quite strong. So Bitcoin price should continue to rise past $ 60k this month. But if you are afraid the Bitcoin price will fall, it's best to sell some of
the bitcoins you have, as many members on this forum have suggested.