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

[Ewox]

I’d HODL still and probably wait until Bitcoin reaches around $100k perhaps? Lol And I could cover my daughters college expenses if that’s the case. Anyways, I would sell a little amount and buy Bitcoin again when its price goes down lower than $54k and do averaging of what’s left of the Bitcoin I’m hodling.

[Golftech]

I’d HODL still and probably wait until Bitcoin reaches around $100k perhaps? Lol And I could cover my daughters college expenses if that’s the case.

Yeah right, if you can hold and wait, who  knows what Bitcoin brings you, a lots of regrets coming from those who

sold their assets way back, they never anticipate that this asset will go this far, and keeps aiming for more.

Anyways, I would sell a little amount and buy Bitcoin again when its price goes down lower than $54k and do averaging of what’s left of the Bitcoin I’m hodling.

If you know how to deal with short term trade it's a good strategy, but due to volatility it's tough to take the

risk, chances that you'll be left behind.

[ScamViruS]

~~~

That's absolutely fine. I guess it's all perspective. For yourself $56k is a lot of money but to Elon Musk it's like a penny. So it depend each individual, what is his/her set target. I would like to HODL my bitcoin since i'm not in financial crisis but would like to continue altcoins trading journey.

Everyone has a different plan so it is normal for him to make the next decision according to his own plan. You're right, the money we think is lot of money is very little money for elon musk. If Elon Musk loses that money, he will not have any big loss. So retail traders must think differently. And those who think long-term do not sell their bitcoin unless they are in financial trouble. Trading Altcoin is definitely risky. You risk your fund by trading altcoin with your hodl bitcoin, so that you may lose your fund.

[jostorres]

I’d HODL still and probably wait until Bitcoin reaches around $100k perhaps? Lol And I could cover my daughters college expenses if that’s the case.

Yeah right, if you can hold and wait, who  knows what Bitcoin brings you, a lots of regrets coming from those who

sold their assets way back, they never anticipate that this asset will go this far, and keeps aiming for more.

That's the trick part "if you can hold", many people either sell because they need the money, or they sell because they think they could use the money some other way to help their life, after all we live in a world where wealth gap is bigger than ever and life is very expensive for majority of the humanity, so selling and finally paying that credit card debt looks more profitable for many people compared to what bitcoin could bring them in the future.

I do not blame them, it doesn't make sense to keep pushing your luck and lose that as well, but I am holding, I do not plan on selling at all, not now and not in the future until I can say that I am rich, otherwise there is no point of this, but just because I feel this way doesn't mean that I do not understand those who sell neither. Only time it is wrong to sell is when trading and thinking bitcoin will go down.

[STT]

Always hold is the eternal answer of course but trading wise can we spot weakness and benefit from that in some way, I wouldnt advise selling all though because its too easy to be wrong and people are reluctant to buy in at a higher price though this can be correct at times.


Theres a fairly good regular trend at present, it does not especially suggest selling into that.  But sell and buy within a minor speculation of observing the waves back and forth of the wider up trend is reasonable to do.   Mostly its staying above a weekly average and I always take that as a positive market while we do so.

[kapalmabur]

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?

hold is the best choice !, because many institutions have bought Bitcoin over $ 50k, of course this will trigger a higher level of trust in bitcoin in the future! Moreover, if Apple and Samsung which are rumored to be buying bitcoin actually happen, then bitcoin will still continue to go up to maybe $ 100k more.

[Ewox]

I’d HODL still and probably wait until Bitcoin reaches around $100k perhaps? Lol And I could cover my daughters college expenses if that’s the case.

Yeah right, if you can hold and wait, who  knows what Bitcoin brings you, a lots of regrets coming from those who

sold their assets way back, they never anticipate that this asset will go this far, and keeps aiming for more.

Anyways, I would sell a little amount and buy Bitcoin again when its price goes down lower than $54k and do averaging of what’s left of the Bitcoin I’m hodling.

If you know how to deal with short term trade it's a good strategy, but due to volatility it's tough to take the

risk, chances that you'll be left behind.

I’ll take my chances, I’ve invested Bitcoin for a reason and of course I could control myself if I want to sell them or hodl them for like 20 years. And I did short term trading back in 2017 but I don’t think it’s for me because I also have other business to attend to on a daily basis. But thanks for the advice though. 😉

[longyenthanh]

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?

hold is the best choice !, because many institutions have bought Bitcoin over $ 50k, of course this will trigger a higher level of trust in bitcoin in the future! Moreover, if Apple and Samsung which are rumored to be buying bitcoin actually happen, then bitcoin will still continue to go up to maybe $ 100k more.

There is no doubt that the bull run continues. There is still no confirmation of which large company will follow Tesla and Elon Musk and invest in Bitcoin, but we probably won't have to wait long for Apple or Amazon to confirm it. I think Musk started not just big companies investing in Bitcoin, but big companies will start accepting Bitcoin as a form of payment. This, in my opinion, will be much more important and will have a greater impact on the rise in Bitcoin's price, because somehow the big business market will recognize Bitcoin as money, even though it is not considered money by many governments.

[Rana590]

The price of Bitcoin has already crossed the milestone of $60k. I think we are going to going to see a good pump within some days. It is time to strong hold and it will help us to earn good amount of money. So don't sell bitcoin at this time.

[Ibrahim60]

Bitcoin price is now pumping. Bitcoin price now cross $60k. This is the time to hold Bitcoin. You can buy some Bitcoin now. Don't sell bitcoin in the current period. Its price will increase more. Don't be paniced. Be patient. You can make huge profit from it.

[Rengga Jati]

Bitcoin price is now pumping. Bitcoin price now cross $60k. This is the time to hold Bitcoin.

Why we should hold if it is the pumping time? Isn't pumping the right time to sell your Bitcoin, buddy? We have been already waiting for the pumping for a long time and it is time for us to sell our Bitcoin above $60,000. Now, the Bitcoin price is about $61,502, based on Coinmarketcap. Well, I think it is better to sell first our Bitcoin before the price drops again. I suspect there will be a decline after the current pumping, then it is time to buy again if you still want to hold again Bitcoin.

[Hamphser]

Bitcoin price is now pumping. Bitcoin price now cross $60k. This is the time to hold Bitcoin.

Why we should hold if it is the pumping time? Isn't pumping the right time to sell your Bitcoin, buddy? We have been already waiting for the pumping for a long time and it is time for us to sell our Bitcoin above $60,000. Now, the Bitcoin price is about $61,502, based on Coinmarketcap. Well, I think it is better to sell first our Bitcoin before the price drops again. I suspect there will be a decline after the current pumping, then it is time to buy again if you still want to hold again Bitcoin.

You know that there are several type of trader where they do tend to hold of those coins for long term aspects which does simply means that they don't like to get involved with price volatility.

Speaking of profit frequency then dealing with active buy and selling is much more preferable but there are who doesnt really likes to take up some risk this is why they intent to held of for higher price points.

Just let them be on what they would gonna do because its their money and itz their choice.

[molsewid]

As of now bitcoin was about $59,500 but earlier this day it got already from $61000 so what have we thinking about it since it already hitted the OPs target ATH for bitcoin well of course we maybe on the same page looking forward for the next ATH that Bitcoin may break. Everyone were looking for a great profit today by selling their bitcoin but some of us also preferred to hodl it for a quite awhile because i bet bitcoin has still a bomb to attain new ATH in the next few days.

[Yatsan]

Such decision whether you hold or sell will be just up into you for you will be the one to benefit on whatever your decision will be at the end. But for many, there maybe a big part of those who have Bitcoin will just hold it until the price increases into an incredibly big price and for the newbies since they are intimidated on the big amount and might be scared that it will be possible to crash unexpectedly and just securing to gain their profit, some will surely sell. Well, it is their decision depending on what they think the possibilities will arise. It is not already a matter to discuss for the fact that you are the one who is responsible on your own crypto specially with regards to Bitcoin.

[Swopon]

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?

True, bull run is still encouraged by the investors which indicates the institutions. They are continuously making investment on BITCOIN which is the good sign for Bitcoin and this is also a reason of this current bull ran. Microstrategy is continuously supporting Bitcoin and already hold a lot of Bitcoin. I don't know still you are holding or already sold your assets. But if you hold it then this current bull ran is for you but if you already sold your funds then you may regret for it.

[STT]

Its just checking against a 2 day average which is very often a bullish momentum measure I find fairly reliable.   Take a closer look if it fails to keep above there, my proper measure of a positive market is weekly average but we move so fast recently its very often above 2 day.   Monday open is often a challenging time for price action.



You can also see this area represents the line of the top area after that big green bar.   Its fair to presume if we dont stay on top we can revert to the bottom of that green bar in potential, a quite normal move.

[dimonstration]

As of now bitcoin was about $59,500 but earlier this day it got already from $61000 so what have we thinking about it since it already hitted the OPs target ATH for bitcoin well of course we maybe on the same page looking forward for the next ATH that Bitcoin may break. Everyone were looking for a great profit today by selling their bitcoin but some of us also preferred to hodl it for a quite awhile because i bet bitcoin has still a bomb to attain new ATH in the next few days.

It's still possible to have Another ATH since adoption is still not that much, there are still many not aware that having btc is profitable and there might be some companies whose also eyeing to invest. Its good to still put little by little amount even at pump if we believe BTC can attain always new ATH and just buy more when the price drops.