Should I still hold the investment or sell it?

[Sim_card]

Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.

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[Tony116]

Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.

If you have advised him to do what he feels most comfortable with then you don't need to say this. Furthermore, that amount is only worth $152, so the loss of fiat value won't affect him much. You shouldn't make him more stressed.

In my opinion, he should learn more about bitcoin to understand it better and then he will make his own decision, whether to continue holding bitcoin or exchange it for fiat currency. Bitcoin is really good when its holders understand it, but if they don't understand anything about it, it's best for them not to invest in bitcoin because investing in bitcoin, in addition to bringing profits, also has risks involved.

[carlfebz2]

Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.

If you have advised him to do what he feels most comfortable with then you don't need to say this. Furthermore, that amount is only worth $152, so the loss of fiat value won't affect him much. You shouldn't make him more stressed.

In my opinion, he should learn more about bitcoin to understand it better and then he will make his own decision, whether to continue holding bitcoin or exchange it for fiat currency. Bitcoin is really good when its holders understand it, but if they don't understand anything about it, it's best for them not to invest in bitcoin because investing in bitcoin, in addition to bringing profits, also has risks involved.

Not really that bad to make some sell because if his mind and emotion do really tells him on doing so then it would be better on following that one because if you are really that following on someones advise and it do ends up for it to be bad or negative then for sure  you would really be having that regret or would really be blaming out someone on the advise that they do give because it didnt turn out to be good.
This is why if you do make out investment then it would really be that better that you should be following on the decision that you are making and not on others but its not bad to see some comments
for at least you do able to read up some insights.

If you've been able to make profits then its not bad to secure those profits and its better to secure it out than to lose those profits if ever the market would really be going down.
Basing up on the movement then it is been that long time that we are really moving that sideways and now that the price is trying to climb up gradually
then it isnt bad to snip out those profits and cherish it out to bring out that ease of mind.

[Davian144]

it is good for you to start investing  and since you are still young ? try to extend more and more mate because your investment will bring you more success in the long run ,
just trust your guts since I can smell you believing in bitcoin and the technology behind this .

Those who already believe in Bitcoin and the technology behind it are very worthy of investing in the long term because this has also been proven quite accurately by old investors who also believe in Bitcoin. So expanding or adding more investment in Bitcoin is not a wrong choice because it will be good enough for us as long as our way of life is never disturbed by it.

You have no need to ask us the question , because you are clear of not needing the money for now so why just let it there for longer time?
try to look back next year and if you are not contented to what will bring you ? then try more again in the coming years.

Next year is a pretty good opportunity for investors who started investing last year, because investors who dared to buy more last year will definitely have experienced extraordinary wins this year and there will be even more next year because of the potential and Better opportunities could also occur next year. So it's better not to ignore the opportunities that will occur in the next year so that we can all experience even more extraordinary benefits from Bitcoin.

[lizarder]

Those who already believe in Bitcoin and the technology behind it are very worthy of investing in the long term because this has also been proven quite accurately by old investors who also believe in Bitcoin. So expanding or adding more investment in Bitcoin is not a wrong choice because it will be good enough for us as long as our way of life is never disturbed by it.

Someone will be more motivated to increase Bitcoin's ownership after seeing how strong it has a positive effect on the capital value they place. Long -term has always been an option for many old and new investors, but when it can divide the long -term and short -term to generate profits will be much better. Depending on how to make a proportion of strategies for these two types because of the regular investment speaking which is considered how to seek the maximum profit.

Next year is a pretty good opportunity for investors who started investing last year, because investors who dared to buy more last year will definitely have experienced extraordinary wins this year and there will be even more next year because of the potential and Better opportunities could also occur next year. So it's better not to ignore the opportunities that will occur in the next year so that we can all experience even more extraordinary benefits from Bitcoin.

When they have a lot of capital, it might really take a big approach last year to surpass the huge profits from the capital spent. But luckily in Bitcoin has many ways to take an approach even though people don't have much capital. The DCA model begins to be enjoyed by many people, especially for those of us who do not have much money and this strategy has many advantages if used properly because it will provide opportunities for anyone to collect bitcoin.

[justdimin]

If you have advised him to do what he feels most comfortable with then you don't need to say this. Furthermore, that amount is only worth $152, so the loss of fiat value won't affect him much. You shouldn't make him more stressed.

In my opinion, he should learn more about bitcoin to understand it better and then he will make his own decision, whether to continue holding bitcoin or exchange it for fiat currency. Bitcoin is really good when its holders understand it, but if they don't understand anything about it, it's best for them not to invest in bitcoin because investing in bitcoin, in addition to bringing profits, also has risks involved.

I think it's something that should be not really all that important in the end based on what people are doing, I get that it may not be something that changes all the time but that doesn't mean that we are not going to have it changed eventually. I think it's quite clear that people are doing things that doesn't really matter to anyone, and should be considering the situation a bit more.

I think it should be important to realize that we are not going to end p with a profit if we keep fearing what it might do, we just need to keep on holding and trusting bitcoin, otherwise selling and getting out is not a profit making method, if you sold and got out, then you are out, but if you hold then at least you have a chance to make a profit.

[taufik123]

-snip-
When they have a lot of capital, it might really take a big approach last year to surpass the huge profits from the capital spent. But luckily in Bitcoin has many ways to take an approach even though people don't have much capital. The DCA model begins to be enjoyed by many people, especially for those of us who do not have much money and this strategy has many advantages if used properly because it will provide opportunities for anyone to collect bitcoin.

If the DCA strategy is used optimally and correctly, it will provide an opportunity to buy Bitcoin gradually with minimal money at hand.
For example, every week or every month, make a purchase and hold it for the long term.
Of course, this will accumulate more Bitcoin assets and the value will also increase if you start buying Bitcoin below the price of $ 20k.

By having a reserve fund it will also help, do the division or management of funds to buy gradually.
Diversify on potential altcoins such as ETH, BNB and others that have good development.
Besides being able to collect Bitcoin, we can also collect Altcoins that will follow the Bitcoin trend, this will provide 2 advantages.

[Rasa nanas]

We all know that currently the price of Bitcoin is in a positive trend because bullish is getting closer, meaning that after this the price increase will continue to occur. My advice is to hold until bullishness arrives because the current price increase is still the beginning of a much higher price increase. I am sure that in the next bullish phase the price of bitcoin will at least reach $150k and if you sell now you will regret it.

[serjent05]

@OP it there is a simple answer to your question, if you have no faith in Bitcoin and you don't believe in its market cycle, then better to leave the market completely but before doing that, I suggest that you study about the Bitcoin market well, know its history specially its four year cycle.  You stated that you don't need the money yet, so I guess it won't do you any harm if you do some research and study before doing any final actions.

It is your money and it is for you to decide where to put it, but at least this time try to do your homework before finalizing your decision whether you sell or hold.

[JoyMarsha]

First of all I'm a small bitcoin investor, and I'm not too old to invest so this is the beginning of my investment.

You should not be worried about the small bitcoin investment you made in bitcoin today because, as time goes on, it will grow to be a huge return for you. All you need to do is be patient enough and have a long-term investing plan.

If you are familiar with the history of bitcoin price and its early adopters, you would have been probably aware that the majority of its Investors invested small amount of their own money in bitcoin, and those who hodl it for a long time benefited from the long-term gains that bitcoin generates for its holders. ​

As at the time this post was written, you don't need money, so hold onto your bitcoin tightly. In case of any time you need money, just sell some part of your bitcoin investment and hodl the rest. Never forget that bitcoin investments haven't stopped anyone from buying when they have spare money to invest.

[peter0425]

since you mentioned to not needing the funds for now so why not just keep your coins mate? I believe that you are capable of being a HODLER for at least another years more?
like me that I only withdraw when there is a badly needed and my crypto needs to be converted to cash and spend while waiting for another halving or bullrun.

[ancafe]

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.

Selling will earn profits and if you decide to hold it can also generate huge returns at the next ATH. You mentioned not needing the money which means holding would be a good strategy, but it is important to know whether you have a strategy of buying at certain times or only buying when you have the money. Why this question important is because when you are in Bitcoin the steps you take must be appropriate. For example, between selling and buying because to collect Bitcoin you not only have to use a decreasing strategy, but there are other ways you can optimize it further.

When we don't try to buy consistently then our bitcoin holdings will never increase, therefore apart from thinking about selling we also need to look at the right time and strategy for collecting them. Your knowledge about bitcoin may not be fully mature because what you write shows the attitude of your involvement in it, so you need deeper knowledge so that you understand how to sell, buy and use the right strategy for the steps.

[rodskee]

Keep it mate, you have more time to HODL  and you are lucky because you seems to be
not in need of your funds while many of us are struggling how to keep their bitcoin long because of emergency
cases that had to convert their coins badly.

since you mentioned to not needing the funds for now so why not just keep your coins mate? I believe that you are capable of being a HODLER for at least another years more?
like me that I only withdraw when there is a badly needed and my crypto needs to be converted to cash and spend while waiting for another halving or bullrun.

that is exactly my point mate, keeping bitcoin longer while we are not in need is the better solution.

[Strongkored]

I should hold on to my investment or sell it now.  

Decisions about investing should be made through your own research, not based on advice from anyone. Moreover, if you have taken the right first steps by studying it first before deciding to buy, then when you want to sell it, you must also base it on your own research so that there will be no regrets. Usually investors will set a target, for example how long they will keep it or at what price they will sell it and sticking to the target that was initially set is a good thing in investing.

[Tony116]

Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.

If you have advised him to do what he feels most comfortable with then you don't need to say this. Furthermore, that amount is only worth $152, so the loss of fiat value won't affect him much. You shouldn't make him more stressed.

In my opinion, he should learn more about bitcoin to understand it better and then he will make his own decision, whether to continue holding bitcoin or exchange it for fiat currency. Bitcoin is really good when its holders understand it, but if they don't understand anything about it, it's best for them not to invest in bitcoin because investing in bitcoin, in addition to bringing profits, also has risks involved.

Not really that bad to make some sell because if his mind and emotion do really tells him on doing so then it would be better on following that one because if you are really that following on someones advise and it do ends up for it to be bad or negative then for sure  you would really be having that regret or would really be blaming out someone on the advise that they do give because it didnt turn out to be good.
This is why if you do make out investment then it would really be that better that you should be following on the decision that you are making and not on others but its not bad to see some comments
for at least you do able to read up some insights.

If you've been able to make profits then its not bad to secure those profits and its better to secure it out than to lose those profits if ever the market would really be going down.
Basing up on the movement then it is been that long time that we are really moving that sideways and now that the price is trying to climb up gradually
then it isnt bad to snip out those profits and cherish it out to bring out that ease of mind.

One thing I see many bitcoin investors are forgetting is that "taking profits is never wrong". Many people gradually become too greedy and set goals that are too far away that they are not even sure about. Although the future potential of bitcoin is still huge, we are not sure about it and everyone has their own plans. As long as we are happy with what we have, there is nothing wrong with taking profits or selling bitcoin now.

The opportunity to invest in bitcoin and make profits will always be there for us as long as bitcoin still exists. This is not a one-time opportunity so we should stick to our plan and make decisions according to our circumstances. Don't force yourself to do things that you don't feel comfortable with.

[mich]

Well I think we are going to start a 'bull market' very soon now. So this is not a good time for you to sell your Bitcoin. Just continue to hodl it and more profits will come when we have another halving in 2024.

If you do not want to listen to that then listen to MicroStrategy. They just bought another $600 Million worth of Bitcoin around 16,000 more. I am always more 'bullish' when people like that begin to buy more.

[iBaba]

Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.

My advise to him will always be for him to hold it instead of selling it. Bitcoin will continue to increase in value in the years to come due to the level at which people will continue to move towards the direction of digital currency in the future. Hence, the a need for one to continue to invest in cryptocurrency.

Although one may argue that they are solely entitled to whatever decision they make in terms of their financial life, however, there is this beautiful feeling of achievement that comes when you can control your financial expenses and whenever you are able to record laudable financial growth.

[Minecache]

Well I think we are going to start a 'bull market' very soon now. So this is not a good time for you to sell your Bitcoin. Just continue to hodl it and more profits will come when we have another halving in 2024.

If you do not want to listen to that then listen to MicroStrategy. They just bought another $600 Million worth of Bitcoin around 16,000 more. I am always more 'bullish' when people like that begin to buy more.

The best time to sell is when we have achieved our goals and are satisfied with the profits. So, if OP is already profitable, has completed the plan, and needs money for other things, this is still a good time to sell. Furthermore, I see OP is not too sure about his investment, he is still skeptical about bitcoin. That's not good for his long-term investment, so selling is good for him.

The upcoming bull market doesn't mean there won't be any more big drops. If he doesn't have enough confidence in bitcoin, he will sell at a loss when a correction occurs, so selling now isn't too bad for him.

[Hamphser]

Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.

My advise to him will always be for him to hold it instead of selling it. Bitcoin will continue to increase in value in the years to come due to the level at which people will continue to move towards the direction of digital currency in the future. Hence, the a need for one to continue to invest in cryptocurrency.

Although one may argue that they are solely entitled to whatever decision they make in terms of their financial life, however, there is this beautiful feeling of achievement that comes when you can control your financial expenses and whenever you are able to record laudable financial growth.

If you dont need money then holding would be the best choice and its a stress free kind of situation but if you do want to maximize possible profitability then you could really be able to make money with those buy low sell high kind of strategy but it would really be that so simple and it would really be taking so much time and patience on this thing and its not really for anyone but if you could really be able to do such thing then it would be your choice. I do agree on others people been saying that it would really be just that depending into your own choice because its your money then if you do see that you are making money
then its not a bad idea to secure those profits but if you are really that holding for long then holding will be the best choice.

Sell it if you do feel on doing it, same goes for holding since each one of us does have that kind of preference when it comes to things, so it would be just that a normal
approach.

[EarnOnVictor]

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

Particularly for this remark, I advise you to leave the money and let it earn more for you. Everything about Bitcoin is all positive now, so you do not have any reason to rush, and when you are lucky enough to had struck the market at a lower price that is more favourable, there should not panic in holding it as long as your equity sustains it. If it were to be last year, 2 and 3 years ago, I would have told you to liquidate your position. But this time, there are more expectations for bullish movements, and since you do not have any immediate need for the money as claimed, why not contiue to hold it and make more money? Can you imagine what you would have with the same position if you left it for months and Bitcoin moved back to its ATH or even higher?

The choice is yours, but if I were you, I would definitely leave the money there.