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Author Topic: Should I still hold the investment or sell it?  (Read 1075 times)
Hypnosis00
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December 06, 2023, 09:52:21 PM
 #141

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.
At least they have a reason for selling their Bitcoin.
Well, of course, holding will be hard for impatient people and at the moment they will see they have earned some profit already, selling is always in their mind. Besides, we can't expect that everyone will hold long-term or see people sell after seeing a profit already. Perhaps, we have individual investment strategies and we can do whatever we want whether we hold long-term or short-term the most important is we earn money, not losses.
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December 06, 2023, 11:56:14 PM
Last edit: December 13, 2023, 04:32:38 PM by coupable
 #142

Delete.

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December 07, 2023, 04:19:57 AM
 #143

Quote from: Franctoshi
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.

It depends the price you bought your Bitcoin from, because if you bought your Bitcoin when the price was $17,271 early this year and hold till this time, I believe you can sell to make a good income from your investment, because anything can happen to the market that will make the price to return back to $20,000 or #17,000. Since you didn't borrow the money to invest in Bitcoin, it will be favourable if you can endure in this season to hold and watch for the price to roll into $80,000 next year before you can release your Bitcoin to achieve passive income. Now that the price of Bitcoin has crossed $43,891 in this month of December, it show that anything can happen any moment from now for investors to release their coins they are holding for a long period of time to smile.

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December 07, 2023, 05:28:36 PM
 #144

Quote from: Franctoshi
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.

It depends the price you bought your Bitcoin from, because if you bought your Bitcoin when the price was $17,271 early this year and hold till this time, I believe you can sell to make a good income from your investment, because anything can happen to the market that will make the price to return back to $20,000 or #17,000. Since you didn't borrow the money to invest in Bitcoin, it will be favourable if you can endure in this season to hold and watch for the price to roll into $80,000 next year before you can release your Bitcoin to achieve passive income. Now that the price of Bitcoin has crossed $43,891 in this month of December, it show that anything can happen any moment from now for investors to release their coins they are holding for a long period of time to smile.
Taking up profits would really be that entirely be depending on you since not all would really be that going for long term on which they would really be securing out their profits on the time that they've seen that they are really that in gain. Even myself would really be definitely be doing that but of course there are people who doesnt really care since  they are really that going for  long term approach on which it is really just that normal
that people will be making out different actions basing up with the similar situation or scenario on which whether we do hold or we do sell out. It would really be that always according into someones preference on whatever action that he would really be tending to do so.

Each one of us does have the right on whatever things that we would really be wanting to do and its up to ours whether we would really be that focusing on short term basis or would really be going for long term ones.
Actions would be made will really be that entirely be varying on how you would really be that liking to make out actions basing up on the things that you do really have in mind.
Investment could neither be short term or long term on which it would really vary.

R


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December 08, 2023, 12:21:52 PM
 #145


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.


if you call your self as investor then you should know that you must be a Holder then because Holding takes time and that is what investment is all about.
because if you call it Holding then that is a different approach so better decide.
also better HODL in our time now , selling is never be an option when Bull run is happening and yes we are still in bullying market.

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December 08, 2023, 12:53:23 PM
 #146

It depends the price you bought your Bitcoin from, because if you bought your Bitcoin when the price was $17,271 early this year and hold till this time, I believe you can sell to make a good income from your investment, because anything can happen to the market that will make the price to return back to $20,000 or #17,000. Since you didn't borrow the money to invest in Bitcoin, it will be favourable if you can endure in this season to hold and watch for the price to roll into $80,000 next year before you can release your Bitcoin to achieve passive income. Now that the price of Bitcoin has crossed $43,891 in this month of December, it show that anything can happen any moment from now for investors to release their coins they are holding for a long period of time to smile.
Indeed, no one can guarantee that when we choose to invest in Bitcoin, if the target we set has been achieved, it would be better for us to take a little profit to be able to enjoy it and also this depends on us. If we don't want anything, I think we can hold it for the price. which is more profitable for us from the investment. When we look at the recent price movement, it has reached $44 and I think this price will continue to move and if we can hold it we will get a lot of profit.
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December 08, 2023, 01:22:11 PM
Merited by Dailyscript (1)
 #147

It depends the price you bought your Bitcoin from, because if you bought your Bitcoin when the price was $17,271 early this year and hold till this time, I believe you can sell to make a good income from your investment, because anything can happen to the market that will make the price to return back to $20,000 or #17,000. Since you didn't borrow the money to invest in Bitcoin, it will be favourable if you can endure in this season to hold and watch for the price to roll into $80,000 next year before you can release your Bitcoin to achieve passive income. Now that the price of Bitcoin has crossed $43,891 in this month of December, it show that anything can happen any moment from now for investors to release their coins they are holding for a long period of time to smile.
Indeed, no one can guarantee that when we choose to invest in Bitcoin, if the target we set has been achieved, it would be better for us to take a little profit to be able to enjoy it and also this depends on us. If we don't want anything, I think we can hold it for the price. which is more profitable for us from the investment. When we look at the recent price movement, it has reached $44 and I think this price will continue to move and if we can hold it we will get a lot of profit.
I totally agree with you on this. Before starting an investment a person would have map out his goals and target. It might be monthly goals or yearly goals depending how long he wants to go on the investment, And it is good that when you have reach your target and the amount of profit you had in mind has been reached, that's the right time to take your profit.  Even if there are more chances that the investment profit would appreciate if you give it more time but there are still chances that it will depreciate. So since the first goal has been achieved we should not allow greed to make us wait because if we lose it we will regret that after all this time what we go nothing. That would be very heart breaking.
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December 08, 2023, 01:23:38 PM
 #148

if you call your self as investor then you should know that you must be a Holder then because Holding takes time and that is what investment is all about.
because if you call it Holding then that is a different approach so better decide.
also better HODL in our time now , selling is never be an option when Bull run is happening and yes we are still in bullying market.
Sometimes there are also people who misunderstand Holding so that its application can look different because applying Holding itself certainly takes time and is clearly not exactly the same as trading where traders only keep it on the exchange for a while before they sell it at a certain price point. For now, I also think that implementing Holding is still quite appropriate for many people because crypto market conditions are very different from a few months ago and there is a possibility that it will be even better at the beginning of next year.

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December 08, 2023, 04:49:45 PM
 #149

if you call your self as investor then you should know that you must be a Holder then because Holding takes time and that is what investment is all about.
because if you call it Holding then that is a different approach so better decide.
also better HODL in our time now , selling is never be an option when Bull run is happening and yes we are still in bullying market.
Sometimes there are also people who misunderstand Holding so that its application can look different because applying Holding itself certainly takes time and is clearly not exactly the same as trading where traders only keep it on the exchange for a while before they sell it at a certain price point. For now, I also think that implementing Holding is still quite appropriate for many people because crypto market conditions are very different from a few months ago and there is a possibility that it will be even better at the beginning of next year.
Actually, our patience and mentality are not only tested when experiencing losses, but when experiencing an increase in the portfolio it is also a test of our spread to continue holding or not. If we plan something then we must stick to our commitment at the beginning.

Bitcoin is doing well right now and anyone who invested a few months ago has certainly seen an increase in their portfolio. It's still halfway back to its last ATH and I'm sure it will surpass its previous ATH. So holding and surviving in this situation would be better. Keep holding.

R


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December 08, 2023, 05:55:29 PM
 #150

Actually, our patience and mentality are not only tested when experiencing losses, but when experiencing an increase in the portfolio it is also a test of our spread to continue holding or not. If we plan something then we must stick to our commitment at the beginning.
Sticking to the initial commitment is a good course of action, but there are some traders who are too weak and end up selling prematurely.
Even though you still get profits but not according to the original plan, then the market continues to be volatile and reaches the main target when you no longer hold any assets, this will only be a regret.

But there are also those who do not give up their ownership when the main target is achieved and want to be even higher, this has entered into a greedy state.

Bitcoin is doing well right now and anyone who invested a few months ago has certainly seen an increase in their portfolio. It's still halfway back to its last ATH and I'm sure it will surpass its previous ATH. So holding and surviving in this situation would be better. Keep holding.
Bitcoin still has a long way to go, many traders are speculating that Bitcoin will reach ATH $100k, of course there is still plenty of time to reach that price.
If you have started buying at under $20k, it is a very good opportunity, because it has provided quite a lot of profit.
So holding on to a new ATH is a long-term target right now.

 
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December 08, 2023, 06:22:51 PM
 #151


At least they have a reason for selling their Bitcoin.
Well, of course, holding will be hard for impatient people and at the moment they will see they have earned some profit already, selling is always in their mind. Besides, we can't expect that everyone will hold long-term or see people sell after seeing a profit already. Perhaps, we have individual investment strategies and we can do whatever we want whether we hold long-term or short-term the most important is we earn money, not losses.

The reason behind selling of bitcoin is if serious then selling of bitcoins is not a big issue because we are investing amount for only to use it when we need it. It totally depends on an investors thoughts if he find it difficult to hold bitcoin then he cannot hold longer therefore in such circumstances avoid further loss and sell if you have profit.

The main reason of Bitcoin's investment is to collect our money as well as extra amount in the form of reward so if we have a chance to find this condition then there is no loss but is happiness for you as you can easily take benefit from bitcoin. If someone is impatience then he should hold bitcoin till the duration at which he can at least earn some amount as a consequence of his investment.









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December 08, 2023, 10:58:04 PM
 #152

I am sharing the matter in the forum whether I should hold on to my investment or sell it now.
Keep hodling as you can because the future of bitcoin looks beautiful and you can't afford to lose from it. Selling now should be the last thing on your mind. Only a few months you have hodl bitcoin, you have seen how much profit it has brought to you. That's the advantage of hodling bitcoin for a long because the longer you hodl it, the more profits it brings to you. Keep hodling and don't sell until a specified price you wish to, is reached that you can comfortably sell your bitcoin for. Good luck to your hodling.

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December 09, 2023, 02:29:05 PM
 #153

The reason behind selling of bitcoin is if serious then selling of bitcoins is not a big issue because we are investing amount for only to use it when we need it. It totally depends on an investors thoughts if he find it difficult to hold bitcoin then he cannot hold longer therefore in such circumstances avoid further loss and sell if you have profit.

The main reason of Bitcoin's investment is to collect our money as well as extra amount in the form of reward so if we have a chance to find this condition then there is no loss but is happiness for you as you can easily take benefit from bitcoin. If someone is impatience then he should hold bitcoin till the duration at which he can at least earn some amount as a consequence of his investment.
That's the thing I do not understand by many people when they try to avoid selling it at all costs. My father is that kind of man, I understand saving and investing are important and OF COURSE you would rather not cash out, that's true and that's understandable. However, if something serious happens, then you should consider it, like if you need to have a surgery and you need to cash out 3 thousand dollars for it, if you try to avoid that, like find some sleazy doctor at corner alley type of place to pay 300 to do it, that would hurt you a lot more, or if you try to find the money some other way, like even make a debt, so you pay interest without need.

We save, because we fear we may need the money someday, and when that some day comes, we fear we are going to lose our money. Just realize that you need to spend that money because you saved it exactly for these days, that's the most important thing in life and you should be able to do that when you have the chance.

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December 09, 2023, 02:52:30 PM
 #154


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.

if you call your self as investor then you should know that you must be a Holder then because Holding takes time and that is what investment is all about.
because if you call it Holding then that is a different approach so better decide.
also better HODL in our time now , selling is never be an option when Bull run is happening and yes we are still in bullying market.

The bull run is actually not total and there are still many who are on guard if a reversal occurs at any time. So it's natural to think about saving your assets in USDT first if the price has gone up once, and you're also bored when you see the price sideways and the asset doesn't move up. Yes. The Buy the dip method, although not as deep as it has been in the past, is always a good opportunity to increase your BTC asset holdings.

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