Should I still hold the investment or sell it?

[oktana]

I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.

If you’re saying that selling will take the money back to the back then what’s the essence? The bank you speak of, how much interest do they give you? I understand that because of volatility, the price of Bitcoin isn’t always on our side. However, you need to consider that even though Bitcoin won’t double/thriple in value overnight, it has the potential to do so anyways. So why not let your wallet simply be your bank? (At least the one you completely have control over?)

Volatility can be very favorable, ease of use, quick and borderless transactions, etc. F the bank and keep on with the hodl.

[TelolettOm]

When the price of Bitcoin reached $38K I thought I would sell my investment but I didn't sell my investment yet hoping for something better. Thinking whether to sell the investment or not I thought I should share the matter in the forum and I will get the best solution from the forum that's why I am sharing the matter in the forum whether I should hold on to my investment or sell it now.  
I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.

In this case, investing in Bitcoin is basically feasible for both the short term and long term. Some people choose to keep holding their Bitcoin until their price target is reached or until the next few years, or until at least the bullish era next year. However, some people also do this as a short term investment by taking profits when they have reached a certain profit target, then buying again and holding for a short period of time and taking profits again, and so on.

but what is certain is that Bitcoin is a very valuable investment, which will most likely experience a significant price spike in the next bullish era. So, if you don't really need money and you don't really understand short terms or trading, it would be better if you continue holding, at least until the bullish era after the Bitcoin halving. There is no 100% guarantee, but usually this will increase significantly. be patient and don't panic about anything that makes you afraid or worried.

[philipma1957]

When the price of Bitcoin reached $38K I thought I would sell my investment but I didn't sell my investment yet hoping for something better. Thinking whether to sell the investment or not I thought I should share the matter in the forum and I will get the best solution from the forum that's why I am sharing the matter in the forum whether I should hold on to my investment or sell it now.  
I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.

In this case, investing in Bitcoin is basically feasible for both the short term and long term. Some people choose to keep holding their Bitcoin until their price target is reached or until the next few years, or until at least the bullish era next year. However, some people also do this as a short term investment by taking profits when they have reached a certain profit target, then buying again and holding for a short period of time and taking profits again, and so on.

but what is certain is that Bitcoin is a very valuable investment, which will most likely experience a significant price spike in the next bullish era. So, if you don't really need money and you don't really understand short terms or trading, it would be better if you continue holding, at least until the bullish era after the Bitcoin halving. There is no 100% guarantee, but usually this will increase significantly. be patient and don't panic about anything that makes you afraid or worried.

He turned 100 into 150. If he sells the 100 and keeps 50 in btc he can not lose.

He needs to stop overthinking this.  It almost no money at all and he said he does not need the money he invested. I see very shaky hands in him.

[EluguHcman]

Hodl and accumulate late more to your Bitcoin trades, keeping holding as long you don't plan using the money yet. You should be concious so you don't regret the second time at when you missed to invest when the coin was at $26 which you failed to invest at then and now You have invested and has hodled a few short term and has made an impressive rate of profits which is propelling to you exaggerating to sell.
I basically don't know how long you can keep hodling but if you are mean to hodl as much, then divert your investment on a long-term run where you could stick to a merit pro-incomes comparing to your current rate.
But must understand that Bitcoin is a volatility digital currency that is experienced with fluctuations but has every tendencies to advancing due to its demands rate that is embraced in the market.

[adultcrypto]

I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.

Do you feel that keeping your money in fiat is better than keeping it in Bitcoin. Well I don't know the angle you are coming from but if I were in your shoes, I won't cash out just now that the bull market is preparing to start. Besides, keeping your money in fiat will expose the money to inflation that is not showing any mercy globally. I will leave my money in Bitcoin any day any time.

You already mentioned that you don't have any need of the money now so I'm wondering why you will decided to sell now. I used to think that people who are anxious to sell their Bitcoin are those who do not make provision for there needs through other means; those that feed from their portfolio. Maybe I was drawing hasty conclusion.

[pinggoki]

What you have to understand is that the money is yours and you made the investment and not anyone here to decides for you because when wave comes i don't think anyone would ever spare their hard earned money to give you. Then going back to what you said, I won't encourage you to sell now reason being that bull run is on the way and you don't need to waste your investment rather hold till next year maybe after bullrun you can decide to sell them you have made about 20x or more of your investment.

How do we know that the bull run is on the way, I'm sure that OP is going to not have any problems selling all of it right now because the current F&G index indicates a Greed and I think that if there's any time to sell now, I think that this is going to be this time, I feel like OP should consider selling now because if OP's getting the profit, I think that OP should go for it. The price of bitcoin is definitely going to go down before it goes to a bull run and it hasn't done any big dump recently so a potential price crash can still happen. My other advise to OP though is to just do what you really want to do with the investment, at the end of the day it's yours and the advise of other people is just there to help you out not the deciding factor.

[reagansimms]

Sell or hold it any longer.!! Only you can make the best decision. If you feel you bought at the right moment, you have to wait until the Halving moment occurs to get a bigger profit. Your expectations must be in line with your goals when deciding to invest in Bitcoin. Don't rush into making decisions, you have to be more patient until the goal of getting big profits is achieved.

You can get peace of mind by finding out the history of Bitcoin movements in the past. The fear that has been within you all this time because you are unable to withstand losses, this kind of feeling is often experienced by investors who have just started investing in Bitcoin. Calm your mind, wait until the Bitcoin Halving occurs, you can sell it feeling happy because your goal has been achieved.

[michellee]

It would be good if you didn't sell your investment at $38k, considering that Bitcoin's price could rise very high and could even surpass its last ATH. But the decision to keep holding your Bitcoin or sell your Bitcoin now will still be your decision. We can advise you to keep holding your Bitcoin, but if you have a sudden need that requires you to have money and requires you to sell your Bitcoin, we can't do anything because it is your Bitcoin. You are responsible for investing in Bitcoin.

But because we already know that the price of Bitcoin can increase very high, this is what makes investors still hold onto their Bitcoin. They want to keep waiting for the moment when the Bitcoin price reaches its new ATH price and sell it at its new ATH price. They want to make big profits again like before. They even continue to accumulate more Bitcoin because they see that the current price is still low compared to the increase in Bitcoin prices in the future.

And if you don't really need money right now, it's better to leave your Bitcoins in your wallet. You can continue your investment regularly until you can collect more Bitcoins. You can also wait for the Bitcoin price to reach its ATH price.

[SmartGold01]

Snip

How do we know that the bull run is on the way, I'm sure that OP is going to not have any problems selling all of it right now because the current F&G index indicates a Greed and I think that if there's any time to sell now, I think that this is going to be this time, I feel like OP should consider selling now because if OP's getting the profit, I think that OP should go for it. The price of bitcoin is definitely going to go down before it goes to a bull run and it hasn't done any big dump recently so a potential price crash can still happen. My other advise to OP though is to just do what you really want to do with the investment, at the end of the day it's yours and the advise of other people is just there to help you out not the deciding factor.

If op could endure to hold bitcoin from 25k till date what then stops him from not holding till bullrun, what difference does it make selling now?
Well I can't detects for op even to tell him hold on but as a bitcoiner someone who so much believe and trust bitcoin should be able to know that bitcoin is a speculative assets and for that we have just few months/days to halving and this could really fetched him something very amazing if op can just hold till the main bullrun.

[LogitechMouse]

Re: Should I still hold the investment or sell it?

I looked at the image that you shared, and it seems like you are holding around 0.004 BTC.
For a newbie (I assume) that's a huge amount already, but I consider it a safe investment because you put it into Bitcoin.

I will not give you a definite answer to your question, but ask your self this. "WHY?" Why will you sell it? From that point onwards, you will make a decision that will work for you. If you want to hold your Bitcoin because you want to hold it for the long term then by all means, hold it. Now if you want to sell it because you need that money to buy something, by all means, sell it. It's that simple. It all comes down to why you are holding your investment.

You already said that you don't need the money, so I guess holding it until the bull run happens will be a good decision, but in the end it will depend on  your decisions, and your "WHY".

[lizarder]

At the time I invested in Bitcoin I clearly remember when Bitcoin was worth around $25K. To be honest, I couldn't sleep well until a few days after investing, I always felt that maybe I had invested my hard-earned savings in the wrong place. Although it was bad for a few days, I was able to adjust myself with it later. After a few days of my investment, I felt that something good must be waiting for me, because since that time the price of Bitcoin has been steadily increasing and has reached its current level.  

When the price of Bitcoin reached $38K I thought I would sell my investment but I didn't sell my investment yet hoping for something better. Thinking whether to sell the investment or not I thought I should share the matter in the forum and I will get the best solution from the forum that's why I am sharing the matter in the forum whether I should hold on to my investment or sell it now.  

Understanding what you choose is a difficult choice to make, especially when it is directly related to the money we will place in investments. You need to look at some dibitcoin events and cycles that will give you answers to all your doubtful questions about holding onto bitcoin. Investing in bitcoin is actually quite simple, buy and hold bitcoin because we will see its ability to maintain the value of the money we place. The problem is if someone doesn't have the knowledge and most of them suffer losses not because of bitcoin but because their knowledge is incomplete.

Bitcoin has periods of downs and ups, this will continue to influence its journey, but when people understand it they just need to wait for the period they want. It's the same as when you buy bitcoin when it is going down and when you want to sell it you will definitely wait for the period of increase. You don't need to think about many things because the most important thing is to focus and don't panic because calm is the key to success in bitcoin.

I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.

All the questions are answered and you made a strong case for why holding is much better than selling now, right?

[flyingcarpet]

Re: Should I still hold the investment or sell it?

I looked at the image that you shared, and it seems like you are holding around 0.004 BTC.
For a newbie (I assume) that's a huge amount already, but I consider it a safe investment because you put it into Bitcoin.

I will not give you a definite answer to your question, but ask your self this. "WHY?" Why will you sell it? From that point onwards, you will make a decision that will work for you. If you want to hold your Bitcoin because you want to hold it for the long term then by all means, hold it. Now if you want to sell it because you need that money to buy something, by all means, sell it. It's that simple. It all comes down to why you are holding your investment.

You already said that you don't need the money, so I guess holding it until the bull run happens will be a good decision, but in the end it will depend on  your decisions, and your "WHY".

First of all, I must say that the sale must have a purpose, that is, if you are going to sell your investment, you must sell it to use it for something urgent or needed. Apart from this, if there is no reason to sell, you should wait for your investment to become more valuable.

As @LogitechMouse said, it would be better to hold on to your investment until the bull run occurs. Of course, all decisions are yours and only you are given opinions here. It's up to you whether you comply with this or not. I think it is not a good move to cash out investments when we are so close to the bull run.

If your goal is to sell your investment to buy Bitcoin cheaper, I can't say anything about it, the decision is yours. Maybe you sell now and buy more Bitcoin when the correction occurs. So anything is possible in the market and all decisions are yours. You just need to know the reason and purpose of the moves you will make.

[kentrolla]

I would keep it really simple and what I would have done if I were in your situation. If you are in for long term investment then leave it until halving and possible bullrun as price will surely increase as per the past trends. But if this investment is something which you cannot commit even until the halving next year then you can sell a part and take out the capital you invested and let the profit still be in Bitcoin and leave it for a longer term.

Don't confuse yourself way too much and just think about what I have mentioned above.

[Sophokles]

If you are holding for short term profits then you can book your profit but if you are a long term bitcoin holder then there is no point in selling your bitcoin right now. This is not the expected bull season we are waiting for. There can be a correction after this pump but thinking about selling your bitcoin and buying back when the market makes a correction can be fatal for you. You can lose the entry if there is no correction or if it is not significant enough to be profitable.

[franky1]

With $150 worth of coins it doesn't really matter what you do. It's very optimistic to expect that in the next few years Bitcoin will be worth 10 times more. Would $1,500 change your life? Even of you are from a very poor country, there's no way such sum can be life-changing and allow you to buy a house. Even 100 times and having $15,000 is really not that much in the modern world.

Sp focus on earning money first and then start worrying about investments.

he has a job that only pays him $200 a month. he may not live in a "modern world" country

so when btc 10x in the 2025 ATH $1500 is 7 months of income

many people in the modern world live pay-cheque to pay-cheque and it takes them 7 years to say up 3-6months of emergency savings of their monthly income

so putting in a one shot of 7% of months income to turn into 7 months in 2 years without having to put any extra aside every month is a good investment

he also in other topics said he will also put a bit of every months income into bitcoin to add to the 0.004 over the next 5 years. meaning he will ATH the 0.004 at 2025 and possibly ATH multiplier at 2029 too

seems to me he is doing the smart thing by planning to hoard and DCA, though id probably suggest invest more now while low and less when high in future years

The amount of money I want to invest in Bitcoin may not be much but this is the beginning of my investment. I have a lot of plans to invest in my first Bitcoin. I plan to hold my first investment for five years. I am a student and I have a part time job besides my studies from which I earn about 200 dollars every month that's why I dare to keep my investment for 5 years. During these five years I will not only hold my investment but every month I will try to add some amount to my total investment if I have a job for five years. That's why I will hold the investment in five year plan because after five years my graduation will be complete then I will try to do something good with my investment.

[davis196]

At the time I invested in Bitcoin I clearly remember when Bitcoin was worth around $25K. To be honest, I couldn't sleep well until a few days after investing, I always felt that maybe I had invested my hard-earned savings in the wrong place. Although it was bad for a few days, I was able to adjust myself with it later. After a few days of my investment, I felt that something good must be waiting for me, because since that time the price of Bitcoin has been steadily increasing and has reached its current level.  

If you can't stand Bitcoin's price volatility then maybe this investment isn't for you. You will eventually panic and sell everything, when the price crashes(there will be a price crash in the future, I'm 100% sure about that). The price drops will be followed by bull runs, so there's nothing to worry about, but some people can't control their emotions.
Asking strangers for financial advice is wrong, if you ask me. Nobody can take responsibility for your own finances. Only you can take the responsibility for your savings. I would sell the BTC at 37K and wait for the price to crash back to 20K, in order to buy again, but that's just me.

[Nrcewker]

If you don’t need the money right now, then why are you selling these valuable coins. You haven’t seen Bitcoins growth from 2016 onwards? You don’t know that Bitcoins are limited in numbers that is no more Bitcoins can be created? Still you just running for these small profits? Bitcoins are for long term investment. Buy coins at regular intervals and hold them as long as you can. Only sell the coins, when you think you in need of serious money. Hope you are getting my point OP.

[Hamphser]

At the time I invested in Bitcoin I clearly remember when Bitcoin was worth around $25K. To be honest, I couldn't sleep well until a few days after investing, I always felt that maybe I had invested my hard-earned savings in the wrong place. Although it was bad for a few days, I was able to adjust myself with it later. After a few days of my investment, I felt that something good must be waiting for me, because since that time the price of Bitcoin has been steadily increasing and has reached its current level.  

If you can't stand Bitcoin's price volatility then maybe this investment isn't for you. You will eventually panic and sell everything, when the price crashes(there will be a price crash in the future, I'm 100% sure about that). The price drops will be followed by bull runs, so there's nothing to worry about, but some people can't control their emotions.
Asking strangers for financial advice is wrong, if you ask me. Nobody can take responsibility for your own finances. Only you can take the responsibility for your savings. I would sell the BTC at 37K and wait for the price to crash back to 20K, in order to buy again, but that's just me.

Seeing your portfolio on those negative PNL's then for sure you would really panic and freak out specially if you arent getting used to it but if you are that having already the experience towards the market then it wouldnt really be an issue in speaking on bitcoin or crypto investment but of course it would bare up that risks which is something that not all would really be able to handle.If you are in torn on having those kind of possible solutions for you to acquire that specific amount because you are planning on some investment then it would really be your choice whether you should dive in or not.

We arent that not all good when it comes to risks handling on which it would really be that normal that there would be those people who would really making out choice to proceed
and there are ones would be choosing on going to the less risky side of things on which they would be continuing on making some savings and dont tend
to make any actions.

[legendbtc]

What you have to understand is that the money is yours and you made the investment and not anyone here to decides for you because when wave comes i don't think anyone would ever spare their hard earned money to give you. Then going back to what you said, I won't encourage you to sell now reason being that bull run is on the way and you don't need to waste your investment rather hold till next year maybe after bullrun you can decide to sell them you have made about 20x or more of your investment.

How do we know that the bull run is on the way, I'm sure that OP is going to not have any problems selling all of it right now because the current F&G index indicates a Greed and I think that if there's any time to sell now, I think that this is going to be this time, I feel like OP should consider selling now because if OP's getting the profit, I think that OP should go for it. The price of bitcoin is definitely going to go down before it goes to a bull run and it hasn't done any big dump recently so a potential price crash can still happen. My other advise to OP though is to just do what you really want to do with the investment, at the end of the day it's yours and the advise of other people is just there to help you out not the deciding factor.

If you rely solely on the greed and fear index and can be sure that the bitcoin price will correct right now, are you being too naive? I have even seen it at high levels for weeks now and bitcoin is still rising without any major correction happening. As for selling bitcoin, you can sell at any time because it is your money and you need to stick to your investment plan. You don't have to listen to anyone, what SmartGold01 says is not guaranteed and neither is what you say. So do what you think is right, don't listen to anyone.

[lovesmayfamilis]

My suggestion is to sell it because Bitcoin price might went to $0 because it's a bubble and we're waiting the bubble will burst. Bitcoin isn't a physical asset so the chance to lose it really high, it might be just a random number generated or manipulated with someone which you doesn't know behind Bitcoin. Let me know what's your decision because you're asking someone advice in this forum, right?

Today I read your “motivational” posts for the second time. It seems that some users are starting to annoy you with their not-so-smart questions, and it’s time to open a topic like “ Bad advice from Solosanz."  

But, OP, what's wrong with you? Withdraw money from Bitcoin profits and put it in the bank.

You are probably very young and largely dependent on your family (this is in history), so until you have done anything worthwhile on your own, stop flaunting the fact that you don’t need money, and don’t forget that the history of posts is available to everyone.

Since I will never need to sell the investment, I will try to hold my investment for as long as possible. If I am successful in the investment, I will discuss my investment with my family.

I have a plan now that I will never waste the money I take from him but I will invest a part of that money in Bitcoin and keep that investment for a long time. After investing in Bitcoin for a long time I have a dream that one day I will hand over a huge amount to my father and tell him that I did not spend your money in the wrong place at all.

I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.

Try to be consistent.