Time to sell my BTC?

[Hypnosis00]

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?

Have been satisfied enough with the profit you get or you wanted more? Obviously, you are the one who could decide that but I have to say something to you that sometimes greediness gives a negative result and that might leads you to miss the chance. Selling Bitcoin for altcoins isn't really a good idea but if you just choose altcoins that could give assurance for a profit, well, that might be put into consideration.

[onecall123]

You bought your BTC at a good price. Imagine holders who had bought cheaper BTC than yours and who are still holding. It depends on you because each of us has to set our own selling point, I sold mine when it was at $35,000 and I don't have any regrets since I reinvested it in altcoins.

I sold out at more early stage, around ~$25,000 but I've sold nothing for over a month. Only scared of another miss. I'm still not feeling good about BTC, seems like losing momentum. Just curious to know what will you do at this stage? Are you waiting for a breakout or below these levels on BTC?

[Fredomago]

You bought your BTC at a good price. Imagine holders who had bought cheaper BTC than yours and who are still holding. It depends on you because each of us has to set our own selling point, I sold mine when it was at $35,000 and I don't have any regrets since I reinvested it in altcoins.

Your call as it's still decent when you decide to sell your holdings, The market is really tough to predict but as long as you have
profits it's still counts as good trade.

You need to understand what you are doing all else, you will end up opening another thread one day calling bitcoin a ponzi scheme. If you are on it for a quick profit, I bet you enjoy this now until it last. I will only advise you to take bitcoin investment just like your bank investment. Always invest for a long time and do not put all your  eggs in one basket

Invest what you can afford to lose, and always sets your expectations as the market is very volatile, when you already see

your good fortune then it's better to sell and enjoy. But if you have other things in mind make sure to handle the risk.

[Handsome Boy]

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?

don't ever sell your Bitcoin, because in my opinion Bitcoin is a good investment to be used as a long-term investment, so instead of selling your Bitcoin, I would recommend you to still HOLD your Bitcoin, because I believe if many companies are already using Bitcoin for payments, then of course the price of Bitcoin will definitely increase higher than the current price and in the future Bitcoin will definitely be more valuable than Gold.

[ene1980]

Selling half of your BTC is also a good idea since you already gained the profit from your initial capital. Joining or investing on Alternate Cryptocurrencies can make you more versatile within the Cryptocurrency Industry and that move is also another way to involve yourself into a wide variety of Cryptos.

Investing in random alternative currencies will not bring versatility but high risk. From the way i look at the market situation right now, all the major alt coins have rallied a lot and even the potential ones are trading at their all time high barring a few coins and you cannot sell your bitcoin and then invest in those expecting it to rally further  .

[madhursatija]

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?

Are you kidding? Wait for some more time. It's going up. It will be worth the wait.

[iamsnowbear]

I'm sort of battling the opposite, after a couple of years my significant other is finally understanding bitcoin and why we all believe in it.

We have come into about 35k of liquid cash and she tells me today she wants to dump it into bitcoin, as someone who has seen the rise and falls over the year, you can imagine the happy/sad feelings.

The idea of buying btc at near ATH prices kills me. I know longterm no matter what it will most likely work out but am I crazy to try and hold off until bitcoin possibly dipping back down under 20k? Wishful thinking?

Clearly whatever I do, the market will trend the opposite. 

[Kittygalore]

Well it depends on your conviction, is it right timing? or do you need to hold it for quite sometime?...for further profit,  its too risky but if you're sure about your decision its ok anyway you're the one who benefit it first. Just make sure you know you're in right platform to trade it to ensure or double your money.

Not exactly conviction but the willingness because if you are not willing to sell it then you don't have the conviction to do it. I suggest that weighing the risks and benefits when you sell at the current price point with you getting a lot of profit when you sell it right now as one of the benefits or in the risk part, you might be selling at the bottom of a possible peak in prices, don't be greedy.

[XZERO1]

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 would sell half of my BTC for USD/USDT and wouldn't touch it for now, with the other half you can buy 50% some quality altcoins which you believe in and keep the other 50% in BTC and see what happens and take your chance as bullrun most probably isn't even close to over yet, but you should always take some profits while you can so that you don't get out of your trade/investment with a loss at least.

If you want to buy altcoins, be fully diversified into 4-5 different projects with different use cases, for example do not buy/invest in 5 DeFi projects and think you're safe now, since usually every new hype whether it's DeFi, NFT or whatever else has to correct at some point and you don't want to be all in one of them when/if that happens.

[isaac_clarke22]

~

I would sell half of my BTC for USD/USDT and wouldn't touch it for now, with the other half you can buy 50% some quality altcoins which you believe in and keep the other 50% in BTC and see what happens and take your chance as bullrun most probably isn't even close to over yet, but you should always take some profits while you can so that you don't get out of your trade/investment with a loss at least.

If you want to buy altcoins, be fully diversified into 4-5 different projects with different use cases, for example do not buy/invest in 5 DeFi projects and think you're safe now, since usually every new hype whether it's DeFi, NFT or whatever else has to correct at some point and you don't want to be all in one of them when/if that happens.

Half is quite big already to be honest if one sold that out of the whole portfolio. It would depend if the OP still has other investment aside from Bitcoin, but if it is only Bitcoin I wouldn't sell by half maybe in alts I would because dumps and losing value are quite common phenomenon when it comes to following BTC price.

Depending on how much OP has in his/her capital, the 4-5 investment could be quite big already.

[wack slacker]

Selling BTC at £ 50000 is a good idea when you've bought them for a very good price of around £ 9,000. Take profit is important in any trade and I am confident that everyone will have to take profits to control risk. Bitcoin may go up even higher, but in terms of the rate of return now to the next, it is no longer attractive because they need a large amount of money to buy to increase in price.
You can either wait to buy bitcoins at a lower price or choose any other crypto that is good enough to hold and deliver better returns.

[peterpanda]

Selling BTC at £ 50000 is a good idea when you've bought them for a very good price of around £ 9,000. Take profit is important in any trade and I am confident that everyone will have to take profits to control risk. Bitcoin may go up even higher, but in terms of the rate of return now to the next, it is no longer attractive because they need a large amount of money to buy to increase in price.
You can either wait to buy bitcoins at a lower price or choose any other crypto that is good enough to hold and deliver better returns.

But what will happen if the price of bitcoin goes to 100k? Panic sell is not the right decision and for better profit, we should wait patiently.

[Mr.sprin]

you are very fortunate to have bitcoin in your wallet, now you can become a new rich person, the choice is yours, you want to choose to sell it is good and choose to hold is also good, but my advice is that you better sell and buy other potential alt or new alt that's a very good idea. good and to double the money

[why]

If you are a long time hodler then it is not the perfect time to get out from market, Everyone is determined and assumed that Bitcoin's price3 will go 100K during this year.
So, only short time trader can convert their Bitcoin now to buy at deep. Already you have bought at much deeper place, so you can hold your coin until the price will break 100K price zone. 

[Sithara007]

you are very fortunate to have bitcoin in your wallet, now you can become a new rich person, the choice is yours, you want to choose to sell it is good and choose to hold is also good, but my advice is that you better sell and buy other potential alt or new alt that's a very good idea. good and to double the money

Yeah.. this is like the worst advise at this point. Rather than "doubling" your money, you will most probably end up losing all of your capital. What happened to XRP is just a trailer of things to come. In the coming months was can expect more and more altcoins to go down, similar to Ripple. The best thing to do is to hold on to your BTC, without diverting any of it for the purchase of shitcoins. 

[xSkylarx]

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?

It is really up to you if you want to sell half of it to invest on some altcoins. We can't just shill an altcoin to invest then blame us when you lose money from it. If you plan to buy some altcoins, you should research for it yourself and analyze if it's a really good project. Each of us has different point of view, like me personally since I like gaming, I invested on those projects so I can monitor it properly without forcing myself just because of high return.

[Tristan Bieber]

I think you can invest in Bitcoin for a long time. Selling is not a good choice, but you can also sell a small portion to invest in other alternative currencies. However, in the long run, holding Bitcoin for a long time has a lot of room for appreciation. , I’ll just cite examples myself. I have invested in some cryptocurrencies that I’m more optimistic about, but if I have Bitcoin, I will not use Bitcoin funds to buy other cryptocurrencies.

[Pamadar]

you are very fortunate to have bitcoin in your wallet, now you can become a new rich person, the choice is yours, you want to choose to sell it is good and choose to hold is also good, but my advice is that you better sell and buy other potential alt or new alt that's a very good idea. good and to double the money

Everyone have thier own point of view in terms of investment,

Choosing another project is another thing once OP decides to sell and divert his earnings,
though that's really a nice way but also knowing what are the risk beyond is very important,
with the volatile market best to keep yourself engaged with project that you already entrust your fate.

I think you can invest in Bitcoin for a long time. Selling is not a good choice, but you can also sell a small portion to invest in other alternative currencies. However, in the long run, holding Bitcoin for a long time has a lot of room for appreciation. , I’ll just cite examples myself. I have invested in some cryptocurrencies that I’m more optimistic about, but if I have Bitcoin, I will not use Bitcoin funds to buy other cryptocurrencies.

That's what I'm saying, knowing what to hold is very important.
If you believe that Bitcoin is not done yet then holding is also a good choise, continue to work with
much deeper knowledge and don't stop chasing for your bigger gains.

[slaman29]

you are very fortunate to have bitcoin in your wallet, now you can become a new rich person, the choice is yours, you want to choose to sell it is good and choose to hold is also good, but my advice is that you better sell and buy other potential alt or new alt that's a very good idea. good and to double the money

Probably this isn't the right way to view things. I know it's the biggest attraction for new entrants into crypto but you have to be realistic about your chances. Right now, doubling means $100k in price so that's a huge milestone and many people believe THAT will be the ATH we achieve, and then you've to wait 3 to 4 more years for the next cycle, if it comes. That's still a lot of gains of course but doubling? It won't make most people rich:)

[Twentyonepaylots]

With the caution that you'll save sime of your investment and or buy back, of course. Otherwise you'll be tremendously missing out on important stuff like this. You witnessed first hand how awesome this coin is and you also get to reap the benefits, there's no point to stopping now, a wise investor is someone who saves more and spends less.

no selling. I can get the meaning of your selling bitcoin and then buy it back. what's that for? make some contribution to gas fee? HODL and I promise that you won't regret for it!
any altcoin won't defeat bitcoin.

Dude, you can't just tell him to not sell his hodling lol. If he wants to spend it on something let him do it. Long as he's buying back, there's no point in us prohibiting him to sell his earnings.