Time to sell my BTC?

[Ridwan Fauzi]

You have got a lot of profit mate although if you sell your holding now. But, there is something that I should know since you hold your coin, I guess you have a good faith into bitcoin and high confident to hold bitcoin unti now, I just curious what factors are behind you to continue to hold bitcoin?

I guess many people there who bought bitcoin same like you, but they will sell their bitcoin when its price touched $20.000 as previous all time high and they will buy again when $20.000 already broken. But, in your case you still hold the coin until now and you ignore some bad suggestion to sell your bitcoin and I guess I have to learn to you.

[skarais]

Now that the decision is yours, take the profit and enjoy it if you want to sell it. But if you believe that the bitcoin price will hit $100K, then I believe the choice is hold. I don't think you need to sell some of your bitcoin to buy altcoin because at the same time you can still make a profit due to the increase in the price of bitcoin. If the price of bitcoin goes down, then usually the price of the altcoin goes down too. But if you believe that altcoin are the right choice right now to maximize profit, then sell all your bitcoinsand start with altcoin. No advice is right for you at this point in time other than your own decision.

[AakZaki]

To put it simply, sell when you are profitable or you have a target price you want to achieve. There is no limit to what price you have to sell your BTC.
You can sell it and buy it again if the price starts to fall.
Selling to secure your capital is also workable and it is a few safe ways.

[Mahadi600]

if you need money you can sell little bit but i suggest you hold bitcoin because i think bitcoin price is up day by day even it can touch 100k this year.

[Rana590]

Just wait some days to cut a good profit from it. It is really not time for selling Bitcoin. It has already crossed $60k and hopefully within short possible of time, it will reach $100k. So hold Bitcoin and wait some more days if you want to get good profit.

[Fatunad]

Just wait some days to cut a good profit from it. It is really not time for selling Bitcoin. It has already crossed $60k and hopefully within short possible of time, it will reach $100k. So hold Bitcoin and wait some more days if you want to get good profit.

Why would wait for 100k if you can sell it off at this moment to materialize the profits in a short time basis and then buyback later on when the price had corrected?
We cant really resist in not to do so knowing that we've been playing around 50k price on this week or last week as far as i remember and now we are in 60k
which means its a profit for your side and its not bad to consider on making such step and profit out instead of hodling.Well, this is a matter of choice though
because we do have different target or goals in life.

[Rasel5209]

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 suggest you sell half and wait for pumping or dumping. If you sell today half it’s best price for you. You can rest after sell.

[jjdub7]

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 the Bitcoins I have, the market continues to rise and we are early from a long-lasting bear market. Or a long-term correction can be obtained at a cost of $ 100,000.

If you want to invest in Altcoins and have no other funds, it may be a good idea to use 20% to 30% of your Bitcoins and keep the rest. But I personally wouldn't sell half of my Bitcoins now.

[Shasha80]

Bitcoin struggled past the $ 61k resistance price, several times trying to get past the $ 61k price tag but always failed.  There may be a correction
to the support price at $ 57k. So now is the right time to sell Bitcoin. But don't sell all the Bitcoin we have, just in case the Bitcoin price manages
to rise above $ 61k. We still have to monitor Bitcoin's current movement, because there are many possibilities that could happen. If you want to
buy altcoins, you should buy BNB, because the performance for the past few days is quite good and the price might go back up to ATH price.

[Iranus]

It's your wish, You bought Bitcoin at deep and want to sell at top, if you don't care about 100K rally then you can sell, But in my opinion why you sell your Bitcoin if you don't need to sell it. there are many hodler who hodl Bitcoin during the years but didn't sell  a penny cause they don't need to sell it they have money in real life and they invested in Bitcoin for securing their future. If you bought a land you will never sell that until you don't need to sell cause you know that land will secure your future life. So if you need money then you cn sell a little portion of your investment and hodl the rest of BTC.

[CryptocurencyKing]

Selling BTC is a matter of comfort and it varies per individual.  There isn't any such time to sell. You sell when you have a reason to and not just because you felt you've made profit. The reason for a sale could be very possibly that you've made profit but, is it the best?
Well, selling with the idea of buying when it falls is a good idea but, its only good as much as you know or is able to determine whe  the market has actually hit a low.

But importantly,  bitcoin is not a currency you just sell. It appreciates with time so, its best to be patient with it. But, the issue of selling is always up to you to find the best time that suits your own purpose or need as at that time.

[DoublerHunter]

It's your wish, You bought Bitcoin at deep and want to sell at top, if you don't care about 100K rally then you can sell, But in my opinion why you sell your Bitcoin if you don't need to sell it. there are many hodler who hodl Bitcoin during the years but didn't sell  a penny cause they don't need to sell it they have money in real life and they invested in Bitcoin for securing their future. If you bought a land you will never sell that until you don't need to sell cause you know that land will secure your future life. So if you need money then you cn sell a little portion of your investment and hodl the rest of BTC.

^ That is definitely a good question if you don't need it, then there is no reason for your to sell your BTC, each of us has a different insight about selling our BTC, that is fine to sell anytime as long as your profit was there and do not sell when the price is low upon you purchased it. But if you do not need cash, keep holding and wait for a better opportunity, as we witnessed, BTC was boosting too much the price this year, it will always have a surprise of having a new ATH after a month passed. Nevertheless, think twice that you can not able to jump again when the BTC price is too expensive.

[bandungan]

it is okay to sell bitcoin these days. but I suggest selling 30% of your total assets, because I think you can use your other assets to be used to get bigger profits.

[imnotthereye]

Taking profit is never a bad idea, I think we might be facing some resistance at these prices, if you are into TA, some interesting thoughts https://www.tradingview.com/chart/BTCUSD/FHWRCbWz-Happy-Bitcoin-Saturday/

[elisabetheva]

it is okay to sell bitcoin these days. but I suggest selling 30% of your total assets, because I think you can use your other assets to be used to get bigger profits.

I agree with your way of thinking but if bitcoin is held because of the results in 2018 not because buying when it starts to increase, of course it will be different again. reasonable because it has made a profit so that it can be sold with the best possible purpose for what you will do.

now we know bitcoin continues to increase so it would be a shame if you have to sell all of it because the increase is still ongoing and we don't know how long, but it is estimated that until the end of the year it can be concluded how much bitcoin will be worth, of course you will lose if everything is released at this time.

[Yatsan]

It is just so up to you if you are willing to sell some if your Bitcoin just to do diversification of your funds into other altcoins that you think have potential. Bitcoin is not just the only crypto that is valuable so it is still a good decision if you will be wanting to sell some of it for the sake of turning some of your funds into the altcoin section. It is a way of somehow maximizing your earning capabilities in this vast industry of crypto for it do really make sense since your aim is still to earn. Exploring other wonders of cryptocurrency is just fine as long as you are making a good choice of where you will be putting your money aside from Bitcoin.

[ropyu1978]

I am not longer holding bitcoin and always take short term to buy or sell bitcoin, if have chance for selling bitcoin on higher price like yesterday I will sell my bitcoin, but keep buy back when bitcoin going down. I think is better every time my earning increase and I could use for another investment and could get profit again, if keep holding on bitcoin only maybe I have been more patient waiting when bitcoin really touch higher price.

[whyrqa]

I am not longer holding bitcoin and always take short term to buy or sell bitcoin, if have chance for selling bitcoin on higher price like yesterday I will sell my bitcoin, but keep buy back when bitcoin going down. I think is better every time my earning increase and I could use for another investment and could get profit again, if keep holding on bitcoin only maybe I have been more patient waiting when bitcoin really touch higher price.

of course, this approach to controlling your assets is very correct. If it is not possible to receive dividends from his asset, then he must work for himself. It is the difference in price that makes this possible, but only the user always needs to control the market, because in the cryptocurrency market everything always happens very unexpectedly. But nevertheless, by locking in your profits in the bull markets, you will be able to make constant profits when the rate changes.

[mbe48]

If you feel that you have lost an asset because you have sold at the lowest price and bought at a high price, my advice is to do Cutloss to minimize losses.
I think the current price hasn't reached its highest value yet, there are still other high prices. For that, always use the long-term method by putting some of the assets you have.

[Spack17]

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 can sell some amount of it for securing your profit or you can wait more and observe the movements of the price closely. And when it starts dropping at a high pace, you can sell it to prevent yourself from going into the red. It is actually not a thing for me or any other people to give an advice as you should decide by yourself.