HODL, HODL, HODL when can one actually sell Bitcoin?

[Farma]

I guess it's time to sell, then buy the dip. Well lost few hndreed few days ago longing this, arghhh Well, Bitcoin this year might hit 100k, or not but it will surely go beyond 100k in 3 years time. So hold it if you can, well I bought bitcoin with $1200 sold it $1600, lol yeah back in 2015.

Currently the price is declining, if you're going to sell at this point it will look like you're afraid of further dip. Why not selling when the price is above $60k?

Anyway its up to us, so you can sell if you're happy with your gain profit, otherwise continue to hold. Certainly the price will increase and reach another ATH in the future but it will take time thus patience is a must.

Correct. should sell at $66k to be more of a recommendation than selling now.

yes, but it's not wrong if you see a declining price then sell and wait for a lower price to buy it. however, now a dump has occurred, and must think about what steps to take. Personally, I still keep the assets I own. I still believe that the price will go up high in the next few days.

[lepbagong]

I guess it's time to sell, then buy the dip. Well lost few hndreed few days ago longing this, arghhh Well, Bitcoin this year might hit 100k, or not but it will surely go beyond 100k in 3 years time. So hold it if you can, well I bought bitcoin with $1200 sold it $1600, lol yeah back in 2015.

what you are doing is right, because you get the benefit. although it may not be what you want after seeing bitcoin continue to rise high. but you can do it again because there will always be an opportunity to be able to profit from bitcoin if you want to hold it for a certain time.

Currently the price is declining, if you're going to sell at this point it will look like you're afraid of further dip. Why not selling when the price is above $60k?

Anyway its up to us, so you can sell if you're happy with your gain profit, otherwise continue to hold. Certainly the price will increase and reach another ATH in the future but it will take time thus patience is a must.

everyone will always have mistakes in making every step taken, actually it is natural if you have made a profit to sell and buy back when there is a correction so that there will be an opportunity to be able to enjoy increases in the future.

yes, I agree with you patience also plays an important role in every step that will be taken. but overcoming when the price has gone up so as not to sell is also as big as wanting to sell. but then again if bitcoin there will always be a chance to repeat again because bitcoin will always reach renewable ATH.

Correct. should sell at $66k to be more of a recommendation than selling now.

yes, but it's not wrong if you see a declining price then sell and wait for a lower price to buy it. however, now a dump has occurred, and must think about what steps to take. Personally, I still keep the assets I own. I still believe that the price will go up high in the next few days.

the desire indeed to sell as much as possible at the best price, but sometimes also not to always expect too much but by getting a reasonable profit is something good too. after that to continue to see if there is a correction to buy immediately.

Yes, the price is not expected to be corrected too deeply. but I agree that there will always be opportunities for bitcoin to reach even higher prices. Renewable ATH is not a strange thing that bitcoin can do as long as we are willing to be patient for it.

[Ebede]

The correct time is when you achieve your set target. And if you failed to sell it because of FOMO, then obviously you need to HODL it again till the time it hits your set target. And this time control your emotions.

Does bitcoin have time to sell. Bitcoin don't have specific time to sell anything, bitcoin is like money in the bank when you have problem or when you something important to do with money you and withdraw. Any time problem come up you can sell you currency to get money and solve the problem.

[virasog]

Currently the price is declining, if you're going to sell at this point it will look like you're afraid of further dip. Why not selling when the price is above $60k?

This is the psychological aspect of human nature. We do not sell at higher prices because we think that prices are going up and they could go more in upward direction. When prices are down, we want to sell quickly because we fear that prices can decline further. We need to work out and change this behavior if we need to be successful in trading.

[KaliLinux]

If you bought Bitcoin from the price of something around $30k and wanted to sell at $60k, you made double already your profit, and that is your profit.
The important thing is you have a targeted goal of profit when you will sell it, because you will never gain profit if you will never sell it at a high price, if you hold 1 Bitcoin it will always be 1 Bitcoin.

So my question is, how much profit do you want to gain?

Because here is the fact, Bitcoin isn't solely the purpose of gaining profit or because an asset, it's a digital currency which good for an alternative as a payment system.

I do understand what you are saying, but I still see both as gaining profit. The sole thing behind it is that, the price per one Bitcoin continues to increase making it more valuable and whether you are selling it for Fiat profits or HODLing it and spending out of it for purchases, it still bores down to profit. I do however understand why some of us might want to HODl for longer because the Pizza guy wouldn't have done what he did if he understood Bitcoin would be what it is today.   

[leea-1334]

Currently the price is declining, if you're going to sell at this point it will look like you're afraid of further dip. Why not selling when the price is above $60k?

Anyway its up to us, so you can sell if you're happy with your gain profit, otherwise continue to hold. Certainly the price will increase and reach another ATH in the future but it will take time thus patience is a must.

If you want to play the game of trading,,, then you always sell for a target you decided on way before you even place the order. So it is pointless to think after you buy whether now is good or above 60 is good.

I feel the decline is going to worsen by the weekend as we already touched 55k and I am sure that we can even go lower until all the panicked people have sodl their BTC.

Only then can the hodlers relax a bit.

[maydna]

The correct time is when you achieve your set target. And if you failed to sell it because of FOMO, then obviously you need to HODL it again till the time it hits your set target. And this time control your emotions.

Does bitcoin have time to sell. Bitcoin don't have specific time to sell anything, bitcoin is like money in the bank when you have problem or when you something important to do with money you and withdraw. Any time problem come up you can sell you currency to get money and solve the problem.

We decide when we should sell our bitcoin. Most people will sell their bitcoin when the price reaches a high peak to make a profit. But some people sell when the price is going down to cut their loss not become bigger. If you think you already make a profit from bitcoin, that will be the time for you to sell bitcoin and enjoy your profit. But if you believe that in the future, bitcoin price can soar higher than now, you can still hold bitcoin for more.

[Kez1817]

Based on the current market situation, we should hold our bitcoins and other crypto assets while market is down and wait until it recovers again. If the market is good, selling of bitcoin is depends on you who buy and invested because you are the only one who knows if you already gain profit or not yet. If you are a long term holder, I think you have a very high target value before selling your bitcoin but as a trader you will always  ride on the market movement which is sell at high and buy at lower price in order to accumulate earnings.

[Patigi]

I believe it depends on someone target, because I believe Bitcoin doesn't have selling point but your target will determine when to sell your Bitcoin, Bitcoin is not just a coin that just will pump anyhow so Bitcoin is a coin that will be pump gradually. So for does people holding  Bitcoin they need to hodl, hold and hold for a long period of time to be able to make a real profit out there. But For me I bought 300$ worth of Bitcoin and I have target  to sell it when it reaches $100k per dollar.

[Shagnasty]

it's obvious mate the right time to sell it when you make a profit ,however as far as I know and understand Cheesy is anyone who hodl bitcoin in the past would have been lucky to sell it today or in the future ,do you need money? otherwise you have to hodl on until you are sure it is the right time to let it go ,back to yourself mate

[tippytoes]

it's obvious mate the right time to sell it when you make a profit ,however as far as I know and understand Cheesy is anyone who hodl bitcoin in the past would have been lucky to sell it today or in the future ,do you need money? otherwise you have to hodl on until you are sure it is the right time to let it go ,back to yourself mate

If you want to get profit, then you can always sell it above your buying price. That is, if you are not looking for long term holding. Because the right time to sell is when the price is already higher from your buying price. But if you strongly believe the bitcoin's future and you are capable of long term holding, then, why not hold it? I say capable, because some people can't afford to hold their btc portfolio because if there are personal needs that he needs to attend to, and he has no other means but sell his stash.

[pantek talacuik]

I guess it's time to sell, then buy the dip. Well lost few hndreed few days ago longing this, arghhh Well, Bitcoin this year might hit 100k, or not but it will surely go beyond 100k in 3 years time. So hold it if you can, well I bought bitcoin with $1200 sold it $1600, lol yeah back in 2015.

It becomes the point of your patience to wait for the price of Bitcoin to end up selling the coins you have. But everyone will have different benefits later. everyone has different principles to generate profit for them.

[imteaz]

You think people actually holding their bitcoin for life? No I know many bitcoin holder sold, when It was high few months back. ad they buy the dip and sell high and make profit. So nobody holding bitcoin forever. However big institution may hold a bit longer to make maximum profit out of it. So be wise and know when to sell.

[Sirait]

So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?

 How then do we say we have made money from it if we don't sell?

you don't need eternal hold, each person has a "target price". all you have to do and think is set, wait then sell. like me which now still hodl some satoshi and will sell my btc when Bitcoin is at $150k.

[Slow death]

I guess it's time to sell, then buy the dip. Well lost few hndreed few days ago longing this, arghhh Well, Bitcoin this year might hit 100k, or not but it will surely go beyond 100k in 3 years time. So hold it if you can, well I bought bitcoin with $1200 sold it $1600, lol yeah back in 2015.

Currently the price is declining, if you're going to sell at this point it will look like you're afraid of further dip. Why not selling when the price is above $60k?

Anyway its up to us, so you can sell if you're happy with your gain profit, otherwise continue to hold. Certainly the price will increase and reach another ATH in the future but it will take time thus patience is a must.

understanding the Hodl's way of thinking for years is very complicated, they prefer to see the price drop 50% but even so they don't sell, even if they are at a 70% loss they won't sell, even if they spend years with a loss they won't sell, Is a scary way of thinking. at last the money is theirs and they have the right to do what they want.

[oemar bakrie]

People's needs are different, some have more capital and they will only hold it until they are at the very top..
and vice versa bitcoin for their daily,when needed and will be sold to meet their needs..
.so I think it depends on the bitcoin owner himself in the face of crypto price pressures..

[OrangeII]

So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?

 How then do we say we have made money from it if we don't sell?

you don't need eternal hold, each person has a "target price". all you have to do and think is set, wait then sell. like me which now still hodl some satoshi and will sell my btc when Bitcoin is at $150k.

good target.
well, everyone has their own target before selling the coins/assets they have. In the case of selling, you may need a target like, when the bitcoin price has hit $100k, you might sell 50% of your asset, and when the price drops to a certain price, you stabilize the coin to wait for a price that is right for you to buy back.
everyone has their own target, so they are waiting for that. they say that at the moment we have to hold back because we believe the price will really go up in the future. sell or hold, it's up to you, but people will recommend holding on.

[kotajikikox]

People's needs are different, some have more capital and they will only hold it until they are at the very top..
and vice versa bitcoin for their daily,when needed and will be sold to meet their needs..
.so I think it depends on the bitcoin owner himself in the face of crypto price pressures..

So this is the reason why only invest in bitcoin the amount that you are willing to Keep holding and if you are aiming for faster growth then best put your funds in altcoin things that most of us are doing now.
we have retired in investing bitcoin for short term basis , not like in the past that Bitcoin is still best to use in arbitraging now those days are gone already .

[matjas]

Until you are in no need to spend money, you should view at crypto as an investment and should not sell it. If you ever set up any investment account in your bank, they tell you the recommended period is 10 years, the same is with crypto.
History shows us, there will always be next bull run where your coins will be worth more than now.

[Cryptmuster]

So this is the reason why only invest in bitcoin the amount that you are willing to Keep holding and if you are aiming for faster growth then best put your funds in altcoin things that most of us are doing now.
we have retired in investing bitcoin for short term basis , not like in the past that Bitcoin is still best to use in arbitraging now those days are gone already .

Altcoins are not always the best option, maybe a small amount of them can bring more profit than bitcoin, but in most cases, bitcoin will be more reliable for investing and holding. Even those who bought bitcoin at 20k are now with a good profit. And for example, not all altcoins can be invested with a large amount, liquidity may be not enough, while Bitcoin allows you to do this without problems.