Time to sell my BTC?

[Houdini76]

So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

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[Oshosondy]

If you like you can sell or even buy more, but bitcoin is a deflationary currency. I see bitcoin as a currency people should value than fiat and should also be saved for upspring and future generations because the price of bitcoin will later increase more and more higher than today. If you need money urgently, you can sell.

[Altcoinsintel]

So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

You are asking us? All answers you will get will be to keep holding. What was your plan when you bought? Since you obviously entered Bitcoin to make profit if you are asking when to sell. Without having a clear plan and targets set then you can consider yourself lucky to have made this kind of profit.

[Houdini76]

So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

You are asking us? All answers you will get will be to keep holding. What was your plan when you bought? Since you obviously entered Bitcoin to make profit if you are asking when to sell. Without having a clear plan and targets set then you can consider yourself lucky to have made this kind of profit.

My plan was to hold, which I did, I may take some profit and use that for Alt season. I don't know about lucky - if you buy and hold then sell at the right time you make money.

[livingfree]

Sell a little by little if you don't need much money.

You take the profit and you still keep some bitcoin in your possession. Until the price goes high, you rinse and repeat that strategy so every up, you get to sell bitcoin at good prices.

But it's best if you have left a portion for long term hold.

[cuttingman]

If you sell, any profit over £12300 incurs capital gains tax.

Alts usually follow bitcoin price.

[Oilacris]

So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

Your choice if you dont still need some money then you can opt to hold but if you do like to diversify then you can do it but be sure on sticking with top altcoins in the market and never consider those low caps.

Able to bought when it was still on 9k was impressive because not all is really having the feeling on buying on that time since everyone was still on doubt and the call or buying was just actually right on the spot.

Time to sell your btc? It depends on your needs and your upheading plans because not all would really be having the same mindset when it comes to investment.If you do saw some opportunity
in alts then selling out some portion of profits isnt really actually a bad decision to make.

[bL4nkcode]

If you have lots of spare, enough budget for a year or more, I would say keep hodling for another year.

But if you really need it just now then that's okay to sell after all you gained much profit from it.

[Renampun]

So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

I think many suggest hodl or sell it if you need funds...
you have got a profit of 60% - 70% so the questions you ask are difficult to answer correctly. I personally follow the advice of the majority who say 'hodl if you don't need or sell if you need the money'.

[Ewox]

It depends on the reason why you bought Bitcoin in the first place. If you bought it to double it’s value and you think it’s the right time to sell it then you can sell them now, but if you bought it because you see it’s potential or it could be of use to you or your future then hodl it. Because if I were in your shoes and I don’t think there is a need for me to withdraw it then I’d just have to hodl it a little more until I need the money.

[adzino]

So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

So are you satisfied with your current profit? If so, then go ahead, take your profit and be happy. But, are you sure you invest your profits in altcoins? You do know that altcoins are very volatile, right? Those "altcoin season" might end anytime and if you don't exit quick, you will lose most of your profit.
I would instead suggest you to keep holding your bitcoin if you want to make decent profit in a less risky process. Still looking forward to invest in altcoins? Then invest in those that are well known. I would go for ETH.

[aoluain]

Everyone has their own motives and plans for their reasons to enter Bitcoin.

While its nice to get other peoples ideas they/we cannot  predict the future but
there is a lot of talk about $100k and $200k realistic targets so bear that in mind.

Most of all, suit yourself and reward yourself if you feel you should, there is
no right or wrong.

Finally, forget Alt season, focus on Bitcoin Season(s)

[acroman08]

So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

that's £31k profit(a pretty good one) in the current price of BTC

if you ask me I am ready to withdraw it but it is your money but just like what bL4nkcode said if you have a spare budget and can still afford to hodl then why not but if you are uncomfortable with hodling any further in fear of losing profit, then go ahead withdraw or you can do what you said "withdraw the half then just buy back again". in the end it is your choice you should have confidence on what you decide.

[ReiMomo]

So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

You are asking for financial advice instead of having your own research.

If your profit was there, you can sell the half and turn back your initial capital. And ready your money for reinvestment when there is a correction again. But if you're asking me if you're selling your bitcoin and switching to altcoin, that is an extremely bad idea, there's no altcoin that gives a better potential that gives a good profit someday, mostly all altcoins were made now by the pump and dump and some are being manipulated by most known people.

Stick on bitcoin and wait until your profit was there.

[verita1]

Everyone has their plans with bitcoin and making a recommendation that can satisfy you I think is not possible. Most bitcoiners are looking to buy more bitcoin and hold. I plan to hold my bitcoin for the future of my 12 and 13 year old nephews.
Although if you want to sell any amount of your bitcoin for any altcoins that offers you some ROI, it is your will.
From what I see of the big investors is that they will not sell. They are buying more bitcoin every day in order to secure the future of bitcoin and their investments.

[iq_armando]

I believe that the BTC does not take long to collapse, maybe up to $ 13,000 dlls (L 9,330) , so I recommend selling and keeping that money until the bitcoin returns to an uptrend.

I believe that buying altcoins is not convenient, because most of them go up or down with bitcoin.

[Kelvinid]

So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

How much profit did you get now? If you think that your profit is enough already, well, you do the sell. I'm not going to say JUST HOLD it is because I don't know your situation but it is assuming that you are in profiting now since the price is moving high.

And if you are planning to invest in altcoins, just be sure that you are choosing those coins that really have a good market performance and high liquidity. But I suggest securing your funds to BTC while the excess money is for investing altcoins. Putting our investment into 2-3 different coins is really a good idea than having all of it in just a single coin.

[Nikole Fischer]

Well, it depends on the situation. If it's possible to hodl, then it's better to wait until Bitcoin pumps again (I guarantee you, this will happen). If there is no chance to hodl, then sell it. But I'd rather invest more in Bitcoin than Altcoin.

[Rengga Jati]

So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

Wow, you must be happy with this, holding it from the very low rate of Bitcoin.
If I were you, I will sell half of it, at least, I have had my fund back to me. ANd others are the profits and bonus for me for holding along this time. Taking profits for some of our coins sometimes is important in order not to regret it. Although we also feel sure that the BTC price may be increasing again. But for me, at least, I will secure some of them and hold some for the next Bullrun.

[bitzizzix]

So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?

You make a sizable profit buying bitcoins when the price is low, but you don't say how many bitcoins you have so no one counts your profits.
If you have a lot of bitcoins and you need them, there is nothing wrong with selling half of your profits and you still have half of your profits and capital to save, to enjoy a bigger return later this year and if bitcoin is more profitable why switch to alt.