Time to sell my BTC?

[Binary Bounties]

Nah. I would not recommend you selling your bitcoin. I see bitcoin hitting 100k by December

[zht85]

Watch out for the taxes!!  Once you sell your Crypto assets for FIAT, it can be taxable unless you reinvest it.  Hold it or use it for investing / collateral / diversify in altcoins.  But never spend it.  IMHO.

[KryptoKings]

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?

While some Alts can give you multiple times returns there is a risk involve with most of them particularly the one that are new and less established.
Btc, on the other hand, is reliable investment as it is much more popular, widely accepted, well known and has many users.
I think you should not risk your investment by converting it to altcoins.
Btc has just started it's journey, soon we will see $1m btc

[pixie85]

Just my thoughts but you better hodl it. If you bought it at 9000 you won't gonna lose anything, but i bet btc will grow more, sell it at least at 100k.

Does that mean that you think that people who bought at 10 thousand will lose some money?

We are not going back to 10! I fail to understand why for some of you 10 is such a magic number. How about 12, 14 or 20? They were all important levels at some point

I don't think we'll see sub 20 unless the US economy enters its own bull run.

[MinoRaiola]

I think you sell bitcoin and buy alcoin. I think it's alcoin season and you will get a lot of profit from trading alcoin. Good luck.

Selling Bitcoin should only be done in an emergency or for pleasure. An investment in altcoins can also be made with FIAT. You should always take care of your projects and see if they can deliver what they originally promised. If, contrary to all forecasts, you do make a profit, you should make sure that you realize the profits and rebalance your portfolio so that the overall risk of your portfolio does not become too great.

[Kasabus]

I think you sell bitcoin and buy alcoin. I think it's alcoin season and you will get a lot of profit from trading alcoin. Good luck.

Selling Bitcoin should only be done in an emergency or for pleasure. An investment in altcoins can also be made with FIAT. You should always take care of your projects and see if they can deliver what they originally promised. If, contrary to all forecasts, you do make a profit, you should make sure that you realize the profits and rebalance your portfolio so that the overall risk of your portfolio does not become too great.

Maybe not, and I don't consider holding bitcoin for a lifetime. I have different meanings about investment and that pretty simple to me, my goal is to make money out of it. If I bought Bitcoin at $30k and seeing it now reaching $60k, I have to sell it right away. Why? Because that is my goal, we never know what will happen by tomorrow and neither sure that it keeps moving high. And I just take the opportunity that possibly we can't see it back again. In fact, we can reinvest again if we would like.

[?QuestionMark?]

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?

Sell everything. Otherwise you will soon lose everything. Protect your money.

[musafar37]

I think the price of Bitcoin has been higher than expected in 2021, those who have invested in Bitcoin have already made a good profit, so hold a small amount.  The rest should be sold for some good profit in the future, even if the price of bitcoin is lower than it is now.

[Imran232]

Congratulations for gain a huge profit. Now i think its all depends on you. I always says everyone that crypto is a place where time shouldn't be targeted. Your wish should be targeted then you always will be in profitted. That means don't set a selling time because proce could be flactuate on that time that is why when you saw you are in a good profit and you are happy with your profit and you can't hold it for a long time because you need money in a very recent then take your profit. Because you saw you are in profit and you need money after 1 week that is why you thought okay then wait for 1 more week but after a week price gose down and you make a lose. So try to take decision smartly. Because if you can hold it for long time then hold but if you can't then take profit when you think you got your profit.

[Banprox]

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?

Now bitcoin price is good position. You can sell half of your bitcoin. Because no one can 100% surely predict on Crypto currency. So i think any time its price can get down. So you can sell it now. Though i think bitcoin price will increase more in future.

[madhursatija]

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.

Are you sure about hodling it? I'm really rekt due to some altcoins

[Noctis Connor]

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?

Follow your guts don't ask people if you wanna sell or not because it's always up to you it's your money it's your asset no one really know what you really want to do in your bitcoin well it seem that you already have knowledge and you need to learn more so that you don't need to ask other's people opinion most of them will tell you to sell and other's will say hold it until it will reach $100k price so it's balance and if the price goes down then not your day but don't worry it's always come up with another surprices.

[doctor877]

You will still have to decide even after all the advises that will be given. Don't sell all your bitcoin, but you take part of it to buy any good alts and make great profit then convert back to bitcoin. For me the goal is to grow my bitcoin.

[LUCKMCFLY]

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 that at the moment it is very bad to sell Bitcoin, because if I would stop making a lot of money, Bitcoin is starting with new highs, I never recommend buying when they are high, but I do not recommend selling when there is a strong suspicion of a good bull run, for now better is Hodl at all costs, there is a lot of emotion in the people, some are waiting for Bitcoin at $ 90k, there is even talk that April 14 will be one of the times that there will be more volatility in the market due to the options market of Bitcoin, but it may be that by April 14 there will be bitcoin with new highs, nobody wants to miss the best movement of Bitcoin, so for now it is not good to sell.

Altcoins can give you money, but for now when Bitcoin starts to go up, altcoins go down in price, if you like altcoins a lot, I recommend that you buy them but in the next Bitcoin correction, but not for now.

[Zemomtum]

Selling BTC for alts is somehow risky as BTC is deflatory and has over 60% of the total market capitalization of the crypto space, meaning it is more reliable than any other token or coin out there. It is a wise choice not to sell entirely but hold a large portion

[bobyhodob]

Better to sell half your bitcoin and enter a few percent of the dialtcoin season has come rather than holding in one pair, the profit is less in my opinion

[BaeSuzy]

If i'm at your position i just gonna sell it and turn it into another alts with good prospect like ARPA, ROSE and there so many more good alts who gonna grow drastically in the next few years.

[Mr.007]

just sell some and buy altcoins or you can save them for future investment bro, bitcoin is now crazy, especially since elon musk entered, lots of big companies have followed suit

[AndySt]

just sell some and buy altcoins or you can save them for future investment bro, bitcoin is now crazy, especially since elon musk entered, lots of big companies have followed suit

A lot depends on the behavior of the bitcoin price in the coming weeks, and if there is confidence that the bitcoin price will remain at current levels, then it is really worth selling some and buying altcoins that have a good growth potential. Only it is necessary to take into account such a factor that with a potential collapse in the price of bitcoin, the fall in the price of altcoins will be even higher.

[Shasha80]

just sell some and buy altcoins or you can save them for future investment bro, bitcoin is now crazy, especially since elon musk entered, lots of big companies have followed suit

A lot depends on the behavior of the bitcoin price in the coming weeks, and if there is confidence that the bitcoin price will remain at current levels, then it is really worth selling some and buying altcoins that have a good growth potential. Only it is necessary to take into account such a factor that with a potential collapse in the price of bitcoin, the fall in the price of altcoins will be even higher.

I agree that we still have to monitor the Bitcoin price for the next few weeks, if Bitcoin are still a side away like now there is no problem selling
some bitcoins to buy altcoins. Because if we buy altcoins too early, it can be very risky, especially that buying altcoins that have low volume is
highly discouraged. Because the price of altcoins is very much affected by the price of Bitcoin, we should find the right time to buy altcoins.
Don't rush investing in altcoins, if the price of Bitcoin falls, the price of altcoins usually falls even further. So my advice for now is still holding
Bitcoin we have. Watch Bitcoin movements for at least the next two weeks.