katrina2 (OP)
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March 18, 2021, 07:11:33 AM |
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We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
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Lorence.xD
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Leading Crypto Sports Betting & Casino Platform
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March 18, 2021, 07:24:58 AM |
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Maybe I will sell my bitcoin when I have enough to make a capital to make a small business and at the same time some investments. I don't have a lot of bitcoin that I hodl yet so I think that I will have to wait for a long time before I can sell my bitcoin without hesitation. I think that it is a good thing too because I can see that the prices are going to go up and I have the freedom when is the right price to sell.
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Poker Player
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Activity: 1414
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March 18, 2021, 07:30:25 AM |
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Probably I won't sell any more until the next cycle and if I do it will be like 10% of my stash or so. I don't own a lot, so I think it is better to keep accumulating and see how things go. The most likely scenario for this cycle is that the ATH will be higher than $100k. For next cycle it won't be surprising to see the price between $500k and $1M.
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aoluain
Legendary
Online
Activity: 2296
Merit: 1282
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March 18, 2021, 07:54:14 AM |
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We buy Bitcoin for the future, and we HODL.
I bought my first Bitcoin back in January 2017, I sold a small amount in December 2017 but since then I've been stacking Satoshi's for the future. I've been signature campaigning, completing surveys for Bitcoin rewards, squirreling away portions of my weekly wage, selling unwanted items for cash to funnel into Bitcoin and I've taken a bank loan to buy Bitcoin and Ethereum which is now paid back in full.
I have worked hard to accumulate and HODL while neglecting repairs and upgrades which need to be carried out on my property so I will be selling some Bitcoin and Ethereum at $100kBTC and again at $200kBTC while still HODLing the vast majority of Bitcoin.
This bull run has enabled me to multiply what I would have spent normally so soon I will withdraw that amount and will essentially keep HODLing the profit.
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Jating
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March 18, 2021, 08:10:22 AM |
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We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
I think everyone has its own threshold before they can sell their stash, maybe once we see bitcoin goes into 6 digits, this year, who knows. I myself has a goal too this year, however, if you think about it, bitcoin is getting harder to acquire, specially that institutions and big companies are buying millions and billions worth of BTC. Pushing the demand very high, and we all know that if supply outstrips demand, then the price could really soar by X folds. Maybe it's better for us to save at least 1 BTC and then see how it goes.
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masterrex
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March 18, 2021, 08:45:23 AM |
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We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
It depends on everyone's purpose because not all that acquiring Bitcoin is for holding purposes, let us be true to ourselves and dont make a bluff in order to please other people dont be afraid if they call you one of the weak hands after all it's your own money, not theirs. By the way, my opinion is if I bought a Bitcoin at a lower price I would sell it today, for a higher profit because that was my purpose when I was bought bitcoin in the first place to gain a profit and not to lose. the perfect time to sell is when you got already your ideal profit range or target. and dont worry you can buy Bitcoin again in a dip.
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Kittygalore
Member
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Activity: 868
Merit: 63
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March 18, 2021, 08:54:09 AM |
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Probably I won't sell any more until the next cycle and if I do it will be like 10% of my stash or so. I don't own a lot, so I think it is better to keep accumulating and see how things go. The most likely scenario for this cycle is that the ATH will be higher than $100k. For next cycle it won't be surprising to see the price between $500k and $1M.
That takes a lot of patience, I mean 3 years is a long time and hopefully you can get a lot of cash out of the bitcoin that you are going to save. Maybe if you can, try to do some kind of investment with your bitcoin instead of just hodling it so as to create an interest overtime, you are hodling and at the same time you are earning something from your investment, I plan to this but currently, I don't have that much bitcoin so I will just have to wait.
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cryptomaniac_xxx
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March 18, 2021, 09:00:05 AM |
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Do we all buy bitcoins to make money?
Yes, at some point, we have to think of making money, that's why we invested on bitcoin. But there could be others who uses it as some form of currency. This is a mistake. I know people who have bought bitcoin as a backbone for the future, and not even one percent are thinking of making money from it. The best time to sell is when the market is not in the hands of the whales, and in order to recognize this time, it is enough to monitor the chart for a week! My suggestion: Never sell all your bitcoins even if they reach the highest price.
Whales will always be in the space no matter what, bearish/bullish, boom/bust this is how the market works. The best time to sell is that if you really have the need for fiat money. Someone mentions he will sell to put up his own business, others maybe thinking of buying a piece of land, etc. My point is, everyone will have a reason to sell and it's not that bad.
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BlackHatCoiner
Legendary
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Activity: 1554
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Protocols over bureaucrats
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March 18, 2021, 09:16:51 AM |
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We buy bitcoin because we want to earn money, right. No, I use bitcoin, because it provides me financial freedom. It doesn't bother me that it's been widely accepted in the last year, since it makes me richer, but I mainly use it because it's granting me freedom and it's interesting. We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
I am a hodler, I don't hide it. I think that after the next bull run, around 2025, bitcoin may have reached half million dollars which will make a lot of hodlers retard from the game. Whether it'll reach $1M or $1000, I'll only sell if I ever need to. If you don't need money, there's no reason to sell. It's my opinion.
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Hasan986
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March 18, 2021, 09:34:23 AM |
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Will sell in mid-2022. I hope that by the middle of 2022, Bitcoin will exceed 250,000 dollars. It has come up through the research of many. It is best to hold till 2022.
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kotajikikox
Full Member
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★Bitvest.io★ Play Plinko or Invest!
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March 18, 2021, 10:29:18 AM |
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We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
All of us have our own target prices or time . 1.) Example I set my Holding until The price reached 100,000$ 2.) I will set specific time when to sell out for about 5 years from now. Everyone of us has their own perspective and believe and also strategy , what is the most important part is the way we trust Bitcoin and the time we Hold this for future.
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josgandosbro
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https://imgur.com/cUCkVsv
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March 18, 2021, 10:47:58 AM |
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Bitcoin prices is any time to change. Before buy and sell the coin check the coin price day by day. Then time to invest and sell the coin. Follow the coin price in the marketplace price. Then plan to workouts it. Bitcoin is future currency. So hold the long time. Before price down. Sell the Bitcoin. Bitcoin is good opportunity for the future growth. So don't lose the Bitcoin.
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sayaya17
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March 18, 2021, 10:51:13 AM |
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As bitcoin will continue to rise, and now moves up and back from correction and sideaway, so there is no word to sell at the moment. So just leave it until the price peaks and after that I'll sell and buy back when it corrects. Right now I'm happy to do short-term trading for bitcoin, because this has added to the amount of satoshi I have now.
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Trinx01
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Activity: 297
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March 18, 2021, 10:52:44 AM |
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We have our standard before we sell bitcoin, on my part, I will sell my bitcoin when the earnings that I can have reached my standard value or the earnings that I am expecting. There is no specific value that we could say to you to sell your bitcoin because it is up to you if you already want to do so so set your value price before selling it.
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passwordnow
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March 18, 2021, 11:40:53 AM |
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We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
I'll sell if I think that I have to. But like the others, I might sell some when bitcoin goes $100,000. I've done a lot of mistakes selling at a low price which I've thought of as a good price and became little when bitcoin reached newer high prices. Will sell in mid-2022. I hope that by the middle of 2022, Bitcoin will exceed 250,000 dollars. It has come up through the research of many. It is best to hold till 2022.
I hope that you have a good prediction but most likely with many predictions that I've seen, 2022 is likely to be the start of the bear market. But there's no assurance until we see it happen. Just crossing our fingers that we're going to have a good following months and years.
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goldade
Full Member
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The Standard Protocol - Solving Inflation
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March 18, 2021, 12:17:42 PM |
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This is practically the hardest question any hodler would have to answer when he bought the bitcoins to hodl. There is always the tendency for the price of bitcoin to increase in price and this is what makes it difficult because a hodler would think, why should sell now when I can make more money by hodling a bit longer and you realize the perfect moment never comes. Personally, since I treat hodling bitcoin as an investment, I use two withdrawal methods. Firstly, I sell after a specific period of time only when I'm in profits. Secondly, I sell my coins when I need cash to cater for some bills especially emergencies.
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Ausgewielt
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March 18, 2021, 12:38:53 PM |
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I usually sell my bitcoin in the market condition like this. When the price rise and I can get enough profit then I sell it. I don't want to make my greed make me loose chance to get profit. Some trader miss the right timing so they get less profit or even suffer financial loss. I am a cryptocurrencies holder but didn't only hold it but sell and buy it again in the right time, I always do my best to avoid loss. Although sometimes my decision is not 100% correct but atleast I still can get profit.
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Hippocrypto
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March 18, 2021, 01:11:29 PM |
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We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
I felt sad when I recall those days I got bitcoin in my wallet, that time while it was so cheap. An amount of 0.1 btc was too easy for me to dump just for fiat to earn instant money, because those days I really needed to earn much money for living. Without any knowledge that bitcoin will become tremendously high and could reach $50k higher. Everything I owned from the past has gone, sold for particular purpose.
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bassbity
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March 18, 2021, 01:49:05 PM |
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when will you sell it?
some of us are still holding out and will not let go of bitcoin, even if there is a chance for correction, we will continue to increase the number of bitcoins we have in the portfolio. We never worry if finances are stored in bitcoin, let it accumulate over the years and we are happy with this method. given the scarcity that keeps us aggressive and will not sell it this year.
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0t3p0t
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March 18, 2021, 02:01:39 PM |
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We buy bitcoin because we want to earn money, right. But most of us are hodlers, when will you sell it?
Good question mate. For me, if I have given the chance to have Bitcoins I think I will only sell what I needed for the daily lives not "wants" but only "needs" aside from that I will be hodling what's left until the day of giving it or passing it to our love ones in time we get old.
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