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Author Topic: Should I still hold the investment or sell it?  (Read 992 times)
AnonBitCoiner
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December 03, 2023, 02:59:26 AM
 #121

I don't know why you and the OP like to rely on other people's advice about selling or holding your bitcoins. But for me, when investing I have my plan and I will always follow it. Second, only I understand what situation I am in, what I need and what I want. So only I know which option is best for me. People only give advice based on your story, they are not you and are not in your situation. How can they know what you are thinking and what you want?

Sometimes people wants advise because they have no knowledge about market therefore they conclude from the decisions of others and then take further action. It doesn't mean that do whatever other says but it means that use a concluded mixture of decision instead of preferring only a single decision. The situation of every person is different but taking suggestions is not a bad thing but it helps individuals to overcome hurdles by watching to his condition as well as suggestions of others. Other can only give you suggestions but cannot force you to must to the suggested advice therefore positive thoughts sometimes make you an expert trader.



 

 

 

 

 

 


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December 03, 2023, 06:39:34 AM
Merited by Alpha Marine (3)
 #122

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.
Keep Hodling in the nearest future Bitcoin will definitely surpass it's current price but just before than there will be a slight drop in price but I doubt if it will go below $25k again, since you wouldn't be needing the funds anytime soon, instead of leaving it idle in the Bank it will be good if you keep Hodling till after the bull run by 2025 they you can sell and be sure to make good profit from your investment, at that time regardless of you needing the money or not it will be in your best interest to sell and rather invest in another business, that way you stay optimal with your investment and ROI and in less than no time it will turn out you must have accumulated multiple investments.

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December 03, 2023, 08:04:26 AM
 #123

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.
Keep Hodling in the nearest future Bitcoin will definitely surpass it's current price but just before than there will be a slight drop in price but I doubt if it will go below $25k again, since you wouldn't be needing the funds anytime soon, instead of leaving it idle in the Bank it will be good if you keep Hodling till after the bull run by 2025 they you can sell and be sure to make good profit from your investment, at that time regardless of you needing the money or not it will be in your best interest to sell and rather invest in another business, that way you stay optimal with your investment and ROI and in less than no time it will turn out you must have accumulated multiple investments.
There is nothing certain about the movement of Bitcoin but we can see a brighter future with all the speculation and huge possibilities so I think there is nothing to worry about.
Regarding continuing to hold or reselling based on needs and desires, we cannot control what will happen in real life but for reasons of panic and the possibility of greater profits I am sure all Bitcoin holders in particular have the same belief now.
Throughout this year we continue to see a positive trend and it is beyond many people's expectations, the halving will happen in the near future and many people predict that we will see better prices, so why should we hesitate about that.



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December 03, 2023, 09:57:31 AM
 #124

It's understandable to experience anxiety or sleepless nights when the value of your investments fluctuates significantly. If you're not comfortable with the volatility of Bitcoin, it might be wise to reconsider your investment strategy. Perhaps a more diversified portfolio that includes less volatile assets would be a better fit for your risk tolerance.

Selling your Bitcoin and keeping the money in the bank might provide you with peace of mind in the short term, but it also means missing out on potential long-term gains. Bitcoin has a history of significant price appreciation over time, and those who have held their investments for the long term have generally been rewarded. Remember, investing should be a source of empowerment and financial security, not stress and anxiety.

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December 03, 2023, 12:45:52 PM
 #125

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.
Keep Hodling in the nearest future Bitcoin will definitely surpass it's current price but just before than there will be a slight drop in price but I doubt if it will go below $25k again, since you wouldn't be needing the funds anytime soon, instead of leaving it idle in the Bank it will be good if you keep Hodling till after the bull run by 2025 they you can sell and be sure to make good profit from your investment, at that time regardless of you needing the money or not it will be in your best interest to sell and rather invest in another business, that way you stay optimal with your investment and ROI and in less than no time it will turn out you must have accumulated multiple investments.
There is nothing certain about the movement of Bitcoin but we can see a brighter future with all the speculation and huge possibilities so I think there is nothing to worry about.
Regarding continuing to hold or reselling based on needs and desires, we cannot control what will happen in real life but for reasons of panic and the possibility of greater profits I am sure all Bitcoin holders in particular have the same belief now.
Throughout this year we continue to see a positive trend and it is beyond many people's expectations, the halving will happen in the near future and many people predict that we will see better prices, so why should we hesitate about that.
All matters with risks taking or risk factor on which a certain person or investor would really be that having whether they would really be that going forward or would really be that securing profits.
Just like on what been said that everything would really be that depending on someones risk management because not all would really be having the risks on making decisions in regarding to this.
Cant really deny that it do really boggles up our mind on the time that we are winning on which it would really makes us tempted to sell out when we do see gains on which it is really just that normal
since we do really give out importance on making profits in the first place. So taking it early wont really be that a bad idea either. So its a personal choice of op
whether he would really be taking profits early or not.

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December 03, 2023, 03:47:45 PM
Merited by iamsange (1)
 #126

It's understandable to experience anxiety or sleepless nights when the value of your investments fluctuates significantly. If you're not comfortable with the volatility of Bitcoin, it might be wise to reconsider your investment strategy. Perhaps a more diversified portfolio that includes less volatile assets would be a better fit for your risk tolerance.
I think that currently there are no investors who are not happy with their investment in Bitcoin because those who are still saving and holding Bitcoin very well up to now must have seen quite good profits through the amount of investment they have made. Because the price increase is starting to look so significant that holders don't need to worry about this, moreover this is quite a good thing for those who still believe in Bitcoin. Meanwhile, those who are still too afraid of risk and prefer assets that do not change easily in the market will not get maximum profits at this time.

Quote
Selling your Bitcoin and keeping the money in the bank might provide you with peace of mind in the short term, but it also means missing out on potential long-term gains. Bitcoin has a history of significant price appreciation over time, and those who have held their investments for the long term have generally been rewarded. Remember, investing should be a source of empowerment and financial security, not stress and anxiety.
That is quite appropriate to say at this time to those who are still stressed and still feel anxious about the potential profits from Bitcoin. So it wouldn't be wrong for you to tell them to stop investing and withdraw their money back to the bank, although in my opinion this is not a good enough solution for anyone to implement. Because almost everyone is currently taking advantage of this quite positive moment for profit or to restore the value of their assets which was reduced due to the decline in prices last year.

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December 03, 2023, 05:36:40 PM
 #127

Op never replied. Oh well.

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December 04, 2023, 08:39:32 AM
 #128

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.
Investing in bitcoin has a lot of risks, and that includes dropping its price when you least expect it. So most probably, OP is just worried that his investment might not work and his capital will not grow unlike other investors have experienced. Its actually normal for beginner investors but as you get used to the market's volatility, you will realized that there is less to worry about while seeing bitcoin has a lot of potentials to grow and become more valuable.

This is the reason why one should never invest more than he can afford to lose. Investment is a business, there are times you fall down and lose, and there are times you go up and win. So always invest within your risk.

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December 04, 2023, 10:31:47 AM
 #129

Op, if you had invested your hard-earned then you got it wrong in the first place, investment into digital assets like Bitcoin is done with the money you can spare to avoid attaching emotions into your investment, you are lucky that you entered the market in the right time or when the market is going in your favor, else you would have learned some lessons by now and your savings would have tanked if we were to be in a bear market. However, you still have the opportunity to pull out of the market and only keep the amount you can be patient with,  that is an amount you can afford to lose because Bitcoin isn't a get-rich-quick business, it requires some amount of time “HODL” to get positive results.


R


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December 04, 2023, 11:06:46 AM
 #130

Op never replied. Oh well.

or maybe he is busy checking the Campaign applications lol


▶️ You must have minimum 50 merits in the last 120 days
I think you should withdraw this application because only those who have minimum 50+ merit in 120 days can apply in this campaign.

instead of replying in his own thread here .

But  for me personally , I don't think that there is a need to sell because he seems not to be needing the money for now so why not continue holding till the bull comes or even more longer .

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December 04, 2023, 12:27:29 PM
 #131

It's understandable to experience anxiety or sleepless nights when the value of your investments fluctuates significantly. If you're not comfortable with the volatility of Bitcoin, it might be wise to reconsider your investment strategy. Perhaps a more diversified portfolio that includes less volatile assets would be a better fit for your risk tolerance.
try not to be affected on how? maybe stop checking your folio when the market is not in good shape, because on that? you will forget to feel that bad for a while and yeah wait for your turn to earn.
Quote
Selling your Bitcoin and keeping the money in the bank might provide you with peace of mind in the short term, but it also means missing out on potential long-term gains. Bitcoin has a history of significant price appreciation over time, and those who have held their investments for the long term have generally been rewarded. Remember, investing should be a source of empowerment and financial security, not stress and anxiety.
lol , you are in Bitcoin forum but you are advising people to invest or leave their money in bank? are you serious about this ?
we are here to support and to invest bitcoin and BS bank must not be in any table here.

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December 04, 2023, 07:48:48 PM
 #132

It's understandable to experience anxiety or sleepless nights when the value of your investments fluctuates significantly. If you're not comfortable with the volatility of Bitcoin, it might be wise to reconsider your investment strategy. Perhaps a more diversified portfolio that includes less volatile assets would be a better fit for your risk tolerance.

Selling your Bitcoin and keeping the money in the bank might provide you with peace of mind in the short term, but it also means missing out on potential long-term gains. Bitcoin has a history of significant price appreciation over time, and those who have held their investments for the long term have generally been rewarded. Remember, investing should be a source of empowerment and financial security, not stress and anxiety.
Believe me, the regret when you see the price going up very high after you have sold early is more painful and makes you more restless than seeing the value of your assets or portfolio fluctuate, and I say that with experience and that's why I always recommend people to not panic after seeing short-term downfalls of Bitcoin or the market because once it goes up, you will have your wounds healed up pretty quick and the pleasure when you see your portfolio gaining value is extremely sweet.

Those who sell early, even if they have got a lot of profit based on when they made their purchases, will still regret their decisions when they see the highest prices of the cryptocurrencies they once had but sold them. If you have bought Bitcoin at $20k and then sold it at $40k but then you see Bitcoin hitting $100k during the bull run, how would you feel?

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December 05, 2023, 01:35:36 AM
 #133

It's understandable to experience anxiety or sleepless nights when the value of your investments fluctuates significantly. If you're not comfortable with the volatility of Bitcoin, it might be wise to reconsider your investment strategy. Perhaps a more diversified portfolio that includes less volatile assets would be a better fit for your risk tolerance.

Selling your Bitcoin and keeping the money in the bank might provide you with peace of mind in the short term, but it also means missing out on potential long-term gains. Bitcoin has a history of significant price appreciation over time, and those who have held their investments for the long term have generally been rewarded. Remember, investing should be a source of empowerment and financial security, not stress and anxiety.
He has taken a good opportunity at Bitcoin and I think that regarding votalities is not a problem when he understands Bitcoin's journey. There are almost many forms of investment that involve risks and although the price of Bitcoin is far more fluctuating and can change so fast, but there is certainty regarding the risks he takes because it considers the tolerance of other investments also does not necessarily have no risks

Selling bitcoin and saving money at the bank is also quite risky because we never know how when the bank experiences bankruptcy they are willing to pay our money even though the chance is small. Storing money in a bank is also unproductive because we will see its value which will continue to decrease for each year and in the long run the money also cannot benefit because we put money in an unproductive place to make a profit. The risk will still have a comparable return value if done correctly and when someone does not dare to take risks, then the opportunity to produce maximum profits will be difficult to achieve.

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December 05, 2023, 05:03:23 PM
 #134

Those who sell early, even if they have got a lot of profit based on when they made their purchases, will still regret their decisions when they see the highest prices of the cryptocurrencies they once had but sold them. If you have bought Bitcoin at $20k and then sold it at $40k but then you see Bitcoin hitting $100k during the bull run, how would you feel?
Yeah, as we can see how it is going up day by day, the answer is simple, you should keep holding as long as you can. Life is sad sometimes and you end up with a problem where you are forced to sell, unless something like that happens to you and you have the possibility of holding without worrying about money then I would say holding it is a lot more important.

I guess it is going to end up with something that will end up with an issue that has to be a little bit harder to handle. I know that it is going to be a bit of a trouble, because you will worry about the volatility when it goes down time to time but I am certain that the long term result will be that it will keep going up more and more for the near future and not go down much.
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December 05, 2023, 07:07:33 PM
 #135

Those who sell early, even if they have got a lot of profit based on when they made their purchases, will still regret their decisions when they see the highest prices of the cryptocurrencies they once had but sold them. If you have bought Bitcoin at $20k and then sold it at $40k but then you see Bitcoin hitting $100k during the bull run, how would you feel?
Yeah, as we can see how it is going up day by day, the answer is simple, you should keep holding as long as you can. Life is sad sometimes and you end up with a problem where you are forced to sell, unless something like that happens to you and you have the possibility of holding without worrying about money then I would say holding it is a lot more important.

I guess it is going to end up with something that will end up with an issue that has to be a little bit harder to handle. I know that it is going to be a bit of a trouble, because you will worry about the volatility when it goes down time to time but I am certain that the long term result will be that it will keep going up more and more for the near future and not go down much.
As long you do need the money and as long those amounts are something that you could really be able to hold on for long term or something that it isnt really something that you could really be able to
or need to make use of then holding it further more would really be your best choice on this one because you could really be that able have the chance on earning even more if you do decide to hold
but we know that not all people would really be having that kind of situations on which they do really need to get those amount back for the sake of trying out to sustain their living or really need
that badly on the money that they are able to acquire via wins or what. In the end of the day then it would really be always depending or basing up into your own decisions.

R


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December 05, 2023, 10:10:18 PM
 #136

Sell if you don't mind for the upcoming bull season but if you think about another ATH, then help yourself to just hold on and wait for it.
I don't think it was a hard decision, as an experienced investor, we already know what is the best thing to do. It was just an option and some people made a decision to sell for some emergencies but it was not a problem as it was badly in need of money. But if we doing this because of the current pump, I don't think it was enough reason IMO.

Anyway, it is your money and you are the one who can decide. Well, just spend a few minutes thinking about it.

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December 06, 2023, 03:12:45 PM
 #137

From what you said, it shows that you don't have too much knowledge about bitcoin. So, first I recommend that you learn about the history and all the knowledge related to bitcoin, from there you will know whether you should continue to hold bitcoins or sell them.

My advice to you, bitcoin is a very good long-term investment. The longer you hold, the greater the reward you receive, but holding is not simple because of its volatility. That's why I ask you to improve your knowledge about bitcoin immediately instead of investing without knowledge like today.


Well, I agree, but maybe for some people it will be difficult, just investing without having any results from it other than an increase in value might be difficult, so I think some people buy Bitcoin and then sell it and open a business or something that can earn money every month.
from there you will buy back bitcoin or other crypto.

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December 06, 2023, 05:41:16 PM
 #138

Believe me, the regret when you see the price going up very high after you have sold early is more painful and makes you more restless than seeing the value of your assets or portfolio fluctuate, and I say that with experience and that's why I always recommend people to not panic after seeing short-term downfalls of Bitcoin or the market because once it goes up, you will have your wounds healed up pretty quick and the pleasure when you see your portfolio gaining value is extremely sweet.

Those who sell early, even if they have got a lot of profit based on when they made their purchases, will still regret their decisions when they see the highest prices of the cryptocurrencies they once had but sold them. If you have bought Bitcoin at $20k and then sold it at $40k but then you see Bitcoin hitting $100k during the bull run, how would you feel?

One who sold their asset earlier because of the thoughts that they will loss money if market goes down so when he see that market is going to increase day by day then this type of emotions are really sad for him. As we have seen bitcoin history so we should not rushes towards profit because the more you wait the more you will be profitable.

If someone get profit and sell their assets with profit then there is no need of regression but still human desires are incomplete always so they wishes that if they had huge profit than this then it will be better but a man always find an amount which is in his fate. If someone feel to regret for selling of bitcoin in past then he should remember that if he obtained benefit then don't be sad for it and try to be more profitable in future by buying more now.









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December 06, 2023, 05:56:46 PM
 #139

For OP, still do you hold your bitcoin right now or have been sold? current price bitcoin up $44k and first your post made bitcoin around $37k, maybe if still hold you can earn more profitable but I don't think you have excited selling when bitcoin on $37k or not. I don't think small investment above $172 current bitcoin rate if you sell today and more than 10% profitable based on your capital use for investing in bitcoin.
I hope you can buy back if sold btc fund but if you still not sell yet hold it until several months later and bitcoin will up more higher again.
If you still need money or not any urgent needed hold your bitcoin and sell it later when raising higher price, don't be afraid bitcoin will raise above $50k in short time.

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December 06, 2023, 09:29:52 PM
 #140

Op never replied. Oh well.
His last post was in Service board. He may forget that he has a thread in speculation board because there was something that caught his attention on the service board.  Undecided

Yeah, as we can see how it is going up day by day, the answer is simple, you should keep holding as long as you can. Life is sad sometimes and you end up with a problem where you are forced to sell, unless something like that happens to you and you have the possibility of holding without worrying about money then I would say holding it is a lot more important.
You don't need to hold it forever!! You need to understand the price cycle, so you know well when the best time for buying (entry) and selling (exit). Every investor must have a goal for their investment, just hold it until it reaches the goal. Most people must set a target for selling their Bitcoin above the last ATH. Since the last ATH is about $69k, most people probably sell their Bitcoin when the price will be around $70k-$100k.


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