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Author Topic: HODL, HODL, HODL when can one actually sell Bitcoin?  (Read 1849 times)
dificanovi
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December 02, 2021, 05:11:52 PM
 #221

Bitcoin actually hit 57k$

https://tokenprice.cc/currency/bitcoin

What's yours expectations for January 2022? Grin


I hope that by 2022 the price of bitcoin can reach $100k, I got information that more and more investors are joining the crypto world and they will also buy bitcoins in very large quantities. I think 2022 will be a better year than previous years, I think Bitcoin will hit a new high. Don't waste the end of this year, it's better to collect Bitcoin and Altcoins until 2022 to get bigger profits.

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December 02, 2021, 06:38:23 PM
 #222

It really depends on you when you are going to sell your Bitcoin. If you have bought during 2018, I can tell you that you really made a profit because Bitcoin back then was below 10,000 USD.

In any way, gain is gain. Whether big or small. But I suggest to hold still as Bitcoin will still beat its All-time-high 69,000 USD by the end of this bull run.
Bitcoin tried to break through the $59$ mark but it was very difficult. In recent days prices are still strong above the $53k support. I'm a little worried about this situation. The market seems to be getting saturated. As of this week the price of BTC if it continues to rise it will be above the price of $59k. It seems that some bad news also affects the Crypto market. Many countries are racing to issue money in CBDC, to match Crypto. So some media outlets are taking advantage of making bad news that seems like many countries are banning crypto activity, when that's not the case.
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December 03, 2021, 10:53:43 AM
 #223

I usually hold a coin that has a target if it hits the target then I sell coins that I don't hold in the long term unless it hasn't reached the target then I have to hold it in the long term.

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December 03, 2021, 11:07:11 AM
 #224

Whenever you plan to
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December 03, 2021, 11:43:41 AM
 #225

It really depends on you when you are going to sell your Bitcoin. If you have bought during 2018, I can tell you that you really made a profit because Bitcoin back then was below 10,000 USD.

In any way, gain is gain. Whether big or small. But I suggest to hold still as Bitcoin will still beat its All-time-high 69,000 USD by the end of this bull run.
Bitcoin tried to break through the $59$ mark but it was very difficult. In recent days prices are still strong above the $53k support. I'm a little worried about this situation. The market seems to be getting saturated. As of this week the price of BTC if it continues to rise it will be above the price of $59k. It seems that some bad news also affects the Crypto market.
We should see it possible to happen, if bitcoin has dump before, it could happen now, but the most important is to believe that bitcoin will eventually recover once it dump and that gives us an opportunity to sell at a profit if we bought at dip.

Many countries are racing to issue money in CBDC, to match Crypto. So some media outlets are taking advantage of making bad news that seems like many countries are banning crypto activity, when that's not the case.
They may do so, but it doesn't kill bitcoin because CBDC is centralized, way opposite to the network bitcoin is promoting.

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December 03, 2021, 12:12:22 PM
 #226

Very hard question to answer. First of all there are two types of sells for me. One is a small fast sell that usually happens when we need some money quickly. It is not an investment decision and just a way to cover our expenses. In this case I would usually try to sell some stocks first and not really touch my bitcoins. The second type of sell is a larger transaction and comes from an investment background. We don't believe anymore in the value of Bitcoin's and think there is a better opportunity for us to invest in. I still believe in bitcoins and the HODL strategy, that's why I would not sell at the moment. After reaching 200,000 USD I might consider switching into some alt coins.

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December 03, 2021, 03:10:39 PM
 #227

Actually, if you do HOLD, we must first target the amount of profit in trading. you don't always have to hold, as you said when to take advantage if holding continuously. Long-term investment, there is actually a determination of time and profit according to the target. So you don't need to linger, if you get a profit, you can immediately open a sell.

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December 03, 2021, 03:22:46 PM
 #228

Hold is certainly a good strategy to get maximum profit, of course there is no compulsion if you want to sell, but if you want bigger profits then hold is the best choice because many people regret when they see prices skyrocket after they sell bitcoin.
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December 03, 2021, 07:31:00 PM
 #229

Bitcoin actually hit 57k$

https://tokenprice.cc/currency/bitcoin

What's yours expectations for January 2022? Grin


I don't have any fixed price expectation for January 2022 but i hope that bitcoin will be over 70-80 K.

Also consider that currently bitcoin is looking a bit bearish .

And that is exactly the reason why it is held. One can just assume that the btc will also rise in the near future. When that happens, no one wants to have eaten a 2k burger. But that could also backfire. If no one pays with btc, it can also be more difficult to adapt. A vicious circle you can say
If I understand you, are you saying the pizza guy made Bitcoin more acceptable, or did he contribute to the adoption of Bitcoin? His story is only relevant because seeing when the price of Bitcoin is today, it is easy to relate to what he would have been worth if he held the same amount of Bitcoin today but that doesn't mean he contributed to Bitcoins adoption.

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December 03, 2021, 07:53:09 PM
 #230

Bitcoin actually hit 57k$

https://tokenprice.cc/currency/bitcoin

What's yours expectations for January 2022? Grin


I don't have any fixed price expectation for January 2022 but i hope that bitcoin will be over 70-80 K.

Also consider that currently bitcoin is looking a bit bearish .

And that is exactly the reason why it is held. One can just assume that the btc will also rise in the near future. When that happens, no one wants to have eaten a 2k burger. But that could also backfire. If no one pays with btc, it can also be more difficult to adapt. A vicious circle you can say
If I understand you, are you saying the pizza guy made Bitcoin more acceptable, or did he contribute to the adoption of Bitcoin? His story is only relevant because seeing when the price of Bitcoin is today, it is easy to relate to what he would have been worth if he held the same amount of Bitcoin today but that doesn't mean he contributed to Bitcoins adoption.


Actually its a sort of because this guy had made out some significant exposure that it could really be done but well we couldn't say precisely but this one

kind of situation or transaction did really make out some nice piece of history on where the entire community wont able to forget.

Majority been saying that he's  dumb on buying pizza with those coins but we know that on that time we don't have
the idea on how far it would able to reach out or simply with its potential in the future.

R


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December 04, 2021, 01:36:34 AM
 #231

for those who haven't mastered trading, I think holding is better, and when to sell it I think when we are profitable and can match the set targets, but if we haven't reached the target and we want to sell, I think this is also better than us experience a panic sell later which results in losses

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December 04, 2021, 09:44:39 AM
 #232

for those who haven't mastered trading, I think holding is better, and when to sell it I think when we are profitable and can match the set targets, but if we haven't reached the target and we want to sell, I think this is also better than us experience a panic sell later which results in losses


When you see a market drop like now then holding is better, in investing and trading we have to be patient, most people panic easily when they see a market drop, in fact now is the time to buy more, and I have invested around $390 to buy bitcoin because I believe the market will soon recover tomorrow or the day after and immediately skyrocket like the previous year.


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December 04, 2021, 02:24:04 PM
 #233

Hold is certainly a good strategy to get maximum profit, of course there is no compulsion if you want to sell, but if you want bigger profits then hold is the best choice because many people regret when they see prices skyrocket after they sell bitcoin.
You are right but today is a dark side of holding, instead of regretting a dizzying increase, people are regretting more about selling opportunities, there have been times when the price level has completely created enough time for us to deal with it in the most peaceful way, presently only the most violent tendencies, the value of which almost forces a lot of people to jump off the bullet train and liquidate a lot of things. Don't let this old theory of holding manipulate our choices, the game is not for the vast majority of people with the same choices, the game is for the few who don't forget to sell

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December 04, 2021, 11:13:53 PM
 #234

Hold is certainly a good strategy to get maximum profit, of course there is no compulsion if you want to sell, but if you want bigger profits then hold is the best choice because many people regret when they see prices skyrocket after they sell bitcoin.
What about now that the price of bitcoin is in state of imbalance, how will those who invented long time ago get profit in bitcoin, I don't know how people is holding will feel, but if i wish am in the shoes of someone that have bitcoin i will hodl till it starts increasing because i  know many people will regret it.

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December 05, 2021, 03:18:36 AM
 #235

for those who haven't mastered trading, I think holding is better, and when to sell it I think when we are profitable and can match the set targets, but if we haven't reached the target and we want to sell, I think this is also better than us experience a panic sell later which results in losses

When you see a market drop like now then holding is better, in investing and trading we have to be patient, most people panic easily when they see a market drop, in fact now is the time to buy more, and I have invested around $390 to buy bitcoin because I believe the market will soon recover tomorrow or the day after and immediately skyrocket like the previous year.
what you are doing is very precise, when the price is indeed dropping it is worth doing as you do, continue to buy and store in any form that can be exchanged for bitcoin. because the nature of bitcoin does have its own character and will always increase in time, so that when you continue to save then in time you will reap the results you have done. because bitcoin will eventually reach a point of value that can be in accordance with what you want.

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December 05, 2021, 08:38:58 AM
 #236

In response to the question of when an investor can sell Bitcoin ? I believe that an investor in Bitcoin needs to have experience, to take a low price and decide how much to sell at their own expense, for example, if a 40k dollar,He buys bitcoin and decides that I want to sell it at 50% profit. He should sell it when that price comes.  This means that everyone's bitcoin buying and selling policy may be different.  There are no rules or laws made for it.It is very important to understand the fluctuations of Bitcoin in the market.If the price goes down drastically, you have to suffer a loss in the panic, so waiting is the only profitable deal.
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December 05, 2021, 12:49:51 PM
 #237

for those who haven't mastered trading, I think holding is better, and when to sell it I think when we are profitable and can match the set targets, but if we haven't reached the target and we want to sell, I think this is also better than us experience a panic sell later which results in losses

When you see a market drop like now then holding is better, in investing and trading we have to be patient, most people panic easily when they see a market drop, in fact now is the time to buy more, and I have invested around $390 to buy bitcoin because I believe the market will soon recover tomorrow or the day after and immediately skyrocket like the previous year.
what you are doing is very precise, when the price is indeed dropping it is worth doing as you do, continue to buy and store in any form that can be exchanged for bitcoin. because the nature of bitcoin does have its own character and will always increase in time, so that when you continue to save then in time you will reap the results you have done. because bitcoin will eventually reach a point of value that can be in accordance with what you want.

We have two chances when the price of the coin you invested, go down. If you have enough money then yes invest it when the price is kai so that you can average the loss and sell off all those coins at profit when there coin grows a bit  But yes holding is a great tool given to us to take a breath and sell at profit when it goes up. Unless and until you are in a immense need of money, never sell at loss.

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PhucS
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December 05, 2021, 04:31:35 PM
 #238

Hold is certainly a good strategy to get maximum profit, of course there is no compulsion if you want to sell, but if you want bigger profits then hold is the best choice because many people regret when they see prices skyrocket after they sell bitcoin.
Yes, if you choose a coin/token that has the potential to grow in the future, long-term holding is a perfect plan for a lot of profit. Of course, we need to learn and evaluate its development capabilities before making a decision. Patience is a very important factor if you have chosen to hold, because when the market goes down, many people will panic, but then it will increase very strongly. And as you said, many people regret seeing the price skyrocket after they sell
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December 06, 2021, 08:41:53 AM
 #239

the purpose of holding is to wait for the price of the coin to go up, so if the coin you hold doesn't have potential then hold is the wrong choice, in my opinion, if you want to hold, choose a coin listed on the top 10 binance market, there is a possibility that the top 10 has potential in the future.

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December 06, 2021, 09:08:24 AM
 #240

we say "HOLD" so you don't miss the train if the bitcoin price soars. Many people say that "when is the right time to sell bitcoin?" to be honest, the right time to sell bitcoins depends on the person himself. it all depends on your needs. this is the same as "when should we use the savings we have?" everyone will have a different answer. what is meant in this case is "hold until the price is high" or "don't rush to sell it".
however, very many people regret selling their bitcoins quickly just because they saw the bitcoin price go up high enough. however, if you feel that it's a fair price to exchange your assets for, no one will stop that.

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