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

[Wildwest]

In making investments of course we have a target of each individual if we have not reached a large profit sometimes we keep holding until finally it can be achieved, then the right time to sell bitcoin that we invest so far if the price is already considered the highest and we can see the profit that we have gained if it has not reached the maximum number then some investors still want to holding, And every investor must know how much profit has been earned even though they have not sold the coins they have, but the risk of the profits they get can increase or decrease if they do not sell at that time, then every investment must have a target.

[DOH!]

Goals and expectations of return are important for any type of investment.  When you hold it long enough, the benefits become something valuable and meaningful.  Sell?  of course anyone can do it as a basic way of thinking.  Personally I will sell bitcoin only when bitcoin hits $100k not only for value but also for meaning I really want to see how bitcoin will change the world.
The greater profit potential comes down to timing.

[ChiBitCTy]

Whether you hold or "hodl" your bitcoins or sell them is entirely up to you.  There is no hard-fast rule that states you must do this or do that in order to sell that exists, so you do what you have to do.  That being said everyone is always saying "hodl" because that is how we will drive up the value of bitcoin.  By selling bitcoin  you are driving the value down. So this is why.

[Ozero]

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?

That is why most of the participants in this market are very happy with the high price volatility of the cryptocurrency. If you use it wisely, you can make good profits from time to time. This means that you need to follow the basic principle of this market: sell high and buy low. That is, if the price of bitcoin has fallen to a certain size, you need to buy, and if it has risen sharply, then sell. But when, at what moments to do it, this is the essence of this market. Here, everyone decides this issue independently.

[kopijos]

You can sell at any time according to your heart's desire, don't think too much about what people say and people's statements. if the person says hold and others but you have made a profit do sell. because everyone has their own profit limit, and working independently is the best

[qwertyup23]

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?

This depends on the holder of such BTC and one's plans on their investment.

Let me ask you a question (assuming that you do stocks), when does one sell their stocks? It all depends on whether they are holding stocks of blue chip companies (long-term investment) or they do day trading (short-term investment). In BTC by just basing it on its price history, the trend is always upward. Though many have speculated that its price may increase more in the future, people HODL depending on their goals.

Personally, I HODL until the next fork which is roughly 2-4 years from now.

[Natalim]

You can sell at any time according to your heart's desire, don't think too much about what people say and people's statements. if the person says hold and others but you have made a profit do sell. because everyone has their own profit limit, and working independently is the best

Exactly. Learn to stand on your own decision because that will make you more responsible on whatever things you want to do. I think selling your bitcoin is probably your own choice when to sell it, either sell just a portion of it, or you sell the whole coin, depending on your needs. But i would suggest, set a price target first that is definitely higher from the price you bought it, wherein you can say that you've made a lot of profits. And when you think the price has already reached your target, then never hesitate to let go of your coins. After all, we tend to hold for long because of our aim of higher profits. And when its already there, start selling them. But its not necessarily that you should sell all your coins, if you think the coin will be more valuable in the future, maybe continue holding some of them for future profits.

[Ngewex Yuk]

There is no definite measure of how long we can afford to hold, for me if the market is still good and big profit opportunities can occur then hold is the better option, but if the market continues to drop then selling some is a good thing to avoid bigger losses.

[yohananaomi]

There is no definite measure of how long we can afford to hold, for me if the market is still good and big profit opportunities can occur then hold is the better option, but if the market continues to drop then selling some is a good thing to avoid bigger losses.

in fact what you are saying is something that should be done and the action can be right.
but if bitcoin clearly has very different characteristics from other coins, bitcoin will be able to increase from the current price or maybe the last ATH. the problem is can we want to hold it for a long time !!! obviously it takes at least always 4 years later after the last halving we've been through.

that possibility is rarely done, because we must have special funds available and we can use it without making changes to our investment in bitcoin. if not, of course is to do as what you have been informed. hold it while the market is still good and sell immediately if the market continues to decline. that's what we can do if we can't hold on to bitcoin for long.

[famososMuertos]

In an investment sometimes you win even in loss. So the reasons are as diverse as the simplest that can lead you to the common sense "to sell".

When people who have thought very well about their investment, they have as priority only hodl, because having bitcoin is their happiness, their financial orgasm and that in itself profit it, that is having one of the most prolific assets and not thinking about sell.

You are understand!! it is a non-tangible profit difficult to explain and is especially difficult to explain for people like you who usually only think "when I sell" to be able to say "I am a winner", when perhaps that action is the most useless in the prolific sense of what bitcoin will be and perhaps always will be in holding

In simple words it is earned by the simple fact of having it, but if you have to sell it it is your decision and nobody else's and you decide.

[Ararbermas]

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?

actually it's not necessarily mate to follow what others doing wherein you have your own decision and you must follow it. Just remember if your not going for long term then perhaps selling is the best choice on this situation because bitcoin at this point is searching for new support, for that reason don't wait until your profits disappear from the volatility because for sure some short term investors is jumping out right now as well, so make a decision infact its all up to you !! ..

[Sihab76]

There is no comparison of Bitcoin for long term investment. When I put Bitcoin in my wallet I think to myself I have only one coin for long term investment. If someone wants to sell bitcoins personally, you can feel free to buy and hold those bitcoins.

[Questat]

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?

actually it's not necessarily mate to follow what others doing wherein you have your own decision and you must follow it. Just remember if your not going for long term then perhaps selling is the best choice on this situation because bitcoin at this point is searching for new support, for that reason don't wait until your profits disappear from the volatility because for sure some short term investors is jumping out right now as well, so make a decision infact its all up to you !! ..

Nevertheless, it is not wrong to follow what the others are saying that is because they might be right but if not mean good, I guess we should have to decline it. Just HOLD when we can afford to hold. There is no wrong with selling especially when it is necessary and in fact, many did this thing.
Only the thing we have to do is to think it several times, holding is a huge sacrifice on our part but the rewards are great.

[blackened515]

There is no specific time for someone to sell his/her Bitcoin, it all depends on the holder. If the holder feels he/she have make a reasonable profit, they can probably sell. But, although, I have seen some Bitcoin Holders who don't normally sell their coin. For me, I only sells my Bitcoin, when am desperately in need of money, but I make sure to buy more of it later. Because Bitcoin is the future, and the price will definitely rise more higher than the current price in the nearest future.

[virasog]

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?

It really depends upon your vision about crypto currency. You would probably never sell it if you believe that Bitcoin will become mainstream one day.

If you are a trader, you may book profit at times and buy back later when it dips. One thing which you need to understand that the longer you are able to hold your bitcoin, it will give you more returns.

[lenovop-70]

A simple question but a million answers, It depends on how much your target really is, but it could also be how greedy you are, IMHO
For me, more about the target, maybe leave some for long-term investment because I know Bitcoin will be rare and much sought after.
As a reminder, market prices do not always go up, there must be a correction. Don't regret if for example we are at the target price and don't sell it (because of greed) then the price goes down again and it takes a long time to recover, I still remember how the pain was.

[DoublerHunter]

A simple question but a million answers, It depends on how much your target really is, but it could also be how greedy you are, IMHO
For me, more about the target, maybe leave some for long-term investment because I know Bitcoin will be rare and much sought after.
As a reminder, market prices do not always go up, there must be a correction. Don't regret if for example we are at the target price and don't sell it (because of greed) then the price goes down again and it takes a long time to recover, I still remember how the pain was.

^ Aiming target profit is always the best decision in investing BTC and it seems the price was too volatile but at least we know that it is always landed on the highest price position. Just like what happened now, who knows that within the year we have another ATH reached, and most expected was it is during the BTC halving. In a long run, BTC investment is always good though this will not have a guarantee at least the market was proven and tested that the price of BTC was kept increasing and until now it was still anticipated moment BTC becomes $100k.

[DarkDays]

Whether you hold or "hodl" your bitcoins or sell them is entirely up to you.  There is no hard-fast rule that states you must do this or do that in order to sell that exists, so you do what you have to do.  That being said everyone is always saying "hodl" because that is how we will drive up the value of bitcoin.  By selling bitcoin  you are driving the value down. So this is why.

Exactly, nobody can make these decisions for you and nobody is forcing anyone to hold. HODL is a personal decision, it doesn't affect anyone but you (unless moving massive amounts) in which case it can affect the market.

That being said, any BTC positions should (in my view) not be closed under 100K. With the momentum that Bitcoin has it seems that 65K is but a temporary hold.

[Mahanton]

Whether you hold or "hodl" your bitcoins or sell them is entirely up to you.  There is no hard-fast rule that states you must do this or do that in order to sell that exists, so you do what you have to do.  That being said everyone is always saying "hodl" because that is how we will drive up the value of bitcoin.  By selling bitcoin  you are driving the value down. So this is why.

Exactly, nobody can make these decisions for you and nobody is forcing anyone to hold. HODL is a personal decision, it doesn't affect anyone but you (unless moving massive amounts) in which case it can affect the market.

That being said, any BTC positions should (in my view) not be closed under 100K. With the momentum that Bitcoin has it seems that 65K is but a temporary hold.

Indeed a personal decision but there are people who are really that active on hearing out other peoples suggestions and recommendations which do really end up for them to change or alter out their earlier plans or goals because they had influenced into those words and made corresponding action which is connected to that and if things turns out to be bad or wasnt really go as planned then regrets would really be always in the end.
HODLING was never an easy stuff even some people do see it to be simple but it isnt when you are on the feet of those hodlers.

[Hippocrypto]

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?

Holding is the best option especially when the price of bitcoin is dumping. It is up to you on what's your strategy on doing it. My advice is to hold when price is dumping and sell when price is increasing. It's up to you on what should you do. Or else, you can sell it when you already attain the goal you want to your bitcoin, if it is already enough for you and you think you won't regret something in the future selling it. Everytime you make decisions, try to think a scenario of you doing it, so that you won't regret anything.