lovesmayfamilis
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March 11, 2021, 11:20:08 AM |
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No one will give you the right advice. Since you, yourself already know the answer, and only want to hear it from someone else. There are many answers, and there are many who advise keeping bitcoin. This is what most say because everyone understands the value of bitcoin. If you trust alternative coins, then this is more difficult. Look at how they rise along with bitcoin and fall in the same way. Everyone has different strategies, if you are confident in your actions, sell and buy alts. Only how do you know when the season begins and ends for sure? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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imstillthebest
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March 11, 2021, 11:46:00 AM |
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if you bought btc on that amount meaning you have been hodling your btc for a long time now ask your self are you not tired and are you happy with that ? if that is mine btc i will definetly sell out now to take a breathe but the popular strategy that many are using is that they dont sell all btc they have and then they buy btc in addition to what they left . you can copy that if you want to , you can move some of that profit in altcoins and you dont need to wait for the bull season to finish because that can take you a long time of waiting .
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Hippocrypto
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March 11, 2021, 12:06:55 PM |
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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 sell if it's not really for rush, just choose to hold it longer instead of quickly dumping for good. Day trading can be better when you see market has an ongoing pumps, buy when it goes down slightly then sell when it goes up. That's how you do it, but always have the 50% portion of asset remains in your wallet for long term investments.
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Lewan
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Backed.Finance
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March 11, 2021, 12:18:04 PM |
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You bought it cheap. You made very good money. But you have to make up your own mind about it. If I were, I would not sell it, I would wait. I expect Bitcoin to hit the $ 60-70k level. I'm happy for you.
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Hamzy7455
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March 11, 2021, 05:28:55 PM |
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Actually I won't advice you to sell...you can take profit and hold till we ride it to moon.
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kramat
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March 11, 2021, 05:51:52 PM |
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Bitcoin is any time to changing the price wait and check the marketplace price. Before sell the bitcoin check the market price. Then place to sell. Bitcoin is time to change day by day. So wait and hold the bitcoin long time. If try sell the bitcoin check the price in the marketplace. The time to sell it. So plan to work out. Everyday follow the market price.
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Dutchyyy
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March 11, 2021, 07:58:54 PM |
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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 personally would keep most of the coins if I do not need these funds at this time. I would sell 20% and buy altcoins with them. In my opinion, the market expects an even bigger rise this year and accordingly you will be able to earn more money also from the altcoins in which you invest with this 20%.
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Traderbtcc
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March 11, 2021, 08:08:16 PM |
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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?
IMO as long as you are in profit you can sell off your bitcoin if you are tired of hodling, I just hope you don't regret this decision some years after now, just like those people who dumped bitcoin during those early stages when the price was less than even ~$0.30, also dumping bitcoin for an altcoin project is very risky don't forget altcoins follow bitcoin price movements, instead of buying an altcoin with your profit from bitcoin, why not just hold your bitcoin rather than selling it ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif) .
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DarkIT
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March 11, 2021, 08:38:07 PM |
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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?
Take your own decision.You can ask anyone for the suggestion. Even 100 members, but you should take a decision on your own.And decision should satisfy your soul. Because if we had took a decision, we gone a enjoy it benefit and drawback.So be bold to take decision. Incase you had failed on taking it, kindly learn from the mistake.
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OscarDavidson
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March 11, 2021, 08:40:19 PM |
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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've started holding since Bitcoin reached the $27k mark and I'm pretty satisfied so far. Sure, I had some temptation to sell it with each new ATH but I don't need this money urgently right now so I would rather keep on holding than selling it. If I were you, I would stay on holding as long as I can.
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TheNineClub
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March 11, 2021, 08:46:59 PM |
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The decision to sell or keep the BTC is of personal preference and varies on different factors. You can always find the middle ground, sell to cover the cost of the initial investment, and leave the rest for some time, and by some time I'm talking about 10+ years, just to see what can happen. It's hard to imagine that the vačue would drop to an amount that would be insignificant and, honestly, I can only see it going up, or, in the worst-case scenario, remaining at this current price with slight corrections, but being more table at the end.
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dimonstration
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March 11, 2021, 08:47:30 PM |
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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.
I don't consider selling at these times if I don't need it yet or if I still have money left I will just stick on holding it. But if I have some business in my mind or have something to use it for it's still fine to sell knowing that I'm still on profit. However, I will still choose to left some in my wallet since there might be more companies who will adopt crypto and bitcoin that can cause it's price increase again, would prefer to hold and just use those in reasonable reason like retirement.
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DarkDays
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March 11, 2021, 08:51:46 PM |
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If you trust bitcoin you can just put it all still into it and hold it for long term. But it all depends on your decision. While it is still good to diversify your coin like selling half part of your btc and buy some potential altcoins, whatever your actions, yhe best thing is to manage them well and not too greedy if you reach your goal profit. Since you already made some profit from that then you can just use your profit to widen your investment.
It's not about trust though. It's about belief. You have nothing to trust in Bitcoin except its code. And that may have little to do with the market price in the short term. That's right. Trust and belief can at times do nothing if the market is not aligned with these beliefs. I think to determine holding vs selling you need to look a little beyond what you feel and more on what the market is telling you. It is good to believe in something but with crypto unless you're holding long-term the belief has to be at the right time or you might miss the change to sell high and buy low.
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acener
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March 11, 2021, 09:12:19 PM |
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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?
Do you have any other plan for your crypto or money? If none and you don't want to keep on monitoring it you should just keep it on BTC. But if you have a lot of time and could keep track then try to trade to earn more profit. But if I am on your position I would just keep it and convert some into fiat since it already gain profit.
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jerrison
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March 11, 2021, 10:12:08 PM |
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Don't sell btc yet! There seems not to be any strong resisitance holding a bullish movement, the price of BtC might hit 60k and even exceed it since its still on a price discovery trail. although a technical analysis will give prospective resistance point based on trend line but then do not give it up yet.
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lienfaye
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March 11, 2021, 10:25:11 PM |
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If you're going to sell bitcoin to buy some altcoins then IMO its not a good idea. Since most alts are also expensive at this time and not a right timing to engage yourself unless if you're buying new coins, not establish yet but has a cheap price.
Better to keep holding if you're not really in need of money. Nevertheless the decision is still up to you because we know whats best for our coins, just analyze and think what can benefited you more.
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MCobian
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March 12, 2021, 12:15:48 AM |
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You are lucky to be able to buy a certain amount of Bitcoin when the price is still at $ 9000. With the Bitcoin price now at $ 57k, very natural for you to make the decision to sell your Bitcoin. But in my opinion, don't sell the Bitcoin that you have entirely, because Bitcoin still has the potential to go up even higher. My advice is that your Bitcoin can be sold for about 30%, and you can buy a few altcoins. I think the very good altcoins to buy right now are ETH, BNB and ADA.
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Sithara007
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March 12, 2021, 04:33:15 AM |
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You are lucky to be able to buy a certain amount of Bitcoin when the price is still at $ 9000. With the Bitcoin price now at $ 57k, very natural for you to make the decision to sell your Bitcoin. But in my opinion, don't sell the Bitcoin that you have entirely, because Bitcoin still has the potential to go up even higher. My advice is that your Bitcoin can be sold for about 30%, and you can buy a few altcoins. I think the very good altcoins to buy right now are ETH, BNB and ADA. Psychologically, it is very difficult to sell your coins when the prices are moving up. The human nature is to wait for more and more profits. I have been to cryptocurrency sector for more than 7 years now, and still it is very difficult for me to get around this behavior. So I can understand the hesitation from the part of the new users. Both BNB and ADA looks attractive right now. IMO, they represent the future of cryptocurrency. But I am not very excited with ETH in its current form. There are various issues plaguing ETH, and the developers are not interested in resolving them.
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Retainly_Collie
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March 12, 2021, 04:39:31 AM |
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I don't want to recommend selling it, but being able to redistribute the numbers and move on to other altcoins is a very good idea at this point. The remaining 50% of bitcoin is available to use that money to buy altcoins and leave a balance of 10% of the stablecoin waiting to buy other discounted things.
A few altcoins that I think will have strong growth, like LTC, XRP, NEO, you can take it.
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Skieleton
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March 12, 2021, 01:34:35 PM |
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I wonder if you have sold. Bitcoin continues to grow. There was still such a price in history, so now it was a good time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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