Can I really hold onto my bitcoins in the future?

[2Pizza410000BTC]

Now the bitcoin market has increased a lot, should I sell my bitcoins? I will use it in a small business. Should I be given more time for the job? I have to take a decision in the next two months. Experienced members of the forum give me some advice what should I do.

If you need a lot to sell right now you can sell your bitcoins but I don't know how much you bought bitcoins and how much you invested. But right now the market is around 70k if you want you can invest your bitcoins and if you can be patient for a while you can probably sell at a higher price because after some few days bitcoin will halve and the price will go up. Even then selling bitcoins is yours. Personal Decision You can sell according to your personal decision. But one thing should be remembered, if you can be patient for a few days, the result of patience will be very beautiful. Most people are not selling their investments right now because people are holding on for a year or a few years to see the next half and get a taste of the bull market after half. So hold off unless you need more I think you'll have more success.

[1714957570]

1714957570

[Porfirii]

Now the bitcoin market has increased a lot, should I sell my bitcoins? I will use it in a small business. Should I be given more time for the job? I have to take a decision in the next two months. Experienced members of the forum give me some advice what should I do.

If you need a lot to sell right now you can sell your bitcoins but I don't know how much you bought bitcoins and how much you invested. But right now the market is around 70k if you want you can invest your bitcoins and if you can be patient for a while you can probably sell at a higher price because after some few days bitcoin will halve and the price will go up. Even then selling bitcoins is yours. Personal Decision You can sell according to your personal decision. But one thing should be remembered, if you can be patient for a few days, the result of patience will be very beautiful. Most people are not selling their investments right now because people are holding on for a year or a few years to see the next half and get a taste of the bull market after half. So hold off unless you need more I think you'll have more success.

Not even the most experienced users have a crystal ball and know what will happen in two months with the price, and on the other hand we don't know about your business plan and your skills to put it into action, so what you are asking is not only hard, but impossible IMO.

You should make an honest SWOT analysis and consider if you have more chances to succeed on your own than letting yourself be carried away by the bullish but ultimately uncertain market.

[macson]

... I don't know what to do now. Now the bitcoin market has increased a lot, should I sell my bitcoins? I will use it in a small business. Should I be given more time for the job? I have to take a decision in the next two months. Experienced members of the forum give me some advice what should I do.

i give advice as a friend, improve your income first, then you can invest in bitcoin with peace of mind.

if your income only comes from bitcoin then it is wise enough for you to sell the bitcoin you currently have - open a business - then buy the bitcoin back using the DCA method after your business makes a profit, there are many people out there who don't understand the tricks of investing in bitcoin so they sell their assets, their house is just to buy bitcoin but in the end they actually lose because they have no income and have to sell the bitcoin they are holding to finance their living needs. 

[Zanab247]

it's your decision whether to sell your bitcoin or not, you should know which one is best for you. but if i were you, i would sell my bitcoin and choose to open a business, because the most important thing is how we can secure income first, the issue of investing in bitcoin is a later matter, the most important thing is how we can have income. moreover, if you already have income, later you can also reinvest in bitcoin and build your portfolio again.

He said, he need people advise so that he will know what to do with the money either to sell the BTC to start a small scale business or continue hodling the BTC till the actual time come before he can sell to use the profit to establish his purpose.

 If you visit market recently, you will not give him this advise because the price of BTC has dumped to $63k, which it will not give him the money that will reach him to achieve what he what from his hodling than to wait for the price to hit back to $70k before he can sell to make the profit.

I'm fully sure, that if anyone can buy BTC in the bear run and sell in the bull run he or she will surely make profits because people are buying BTC for profit purpose, which is very important to every hodlers.

[Ricardo11]

Investing in Bitcoin will be a really good decision for you. If you hold long term in Bitcoin you will get much better return in future. But you have to be fully prepared for the long-term hold. This requires a good source of income, so that you can keep your investment for a long time without any interruption. Remember that if the investment is not long-term, you cannot expect anything good from it.

Bitcoin price is very low right now, it is very good opportunity to buy Bitcoin. Please don't miss this opportunity, if you want to invest, invest now and don't rush to sell. In future it will give much better amount of returns.

[Smartvirus]

... I don't know what to do now. Now the bitcoin market has increased a lot, should I sell my bitcoins? I will use it in a small business. Should I be given more time for the job? I have to take a decision in the next two months. Experienced members of the forum give me some advice what should I do.

i give advice as a friend, improve your income first, then you can invest in bitcoin with peace of mind.

It’s the first line to safety and having a peaceful investment and hodling strategy in this highly volatile space.

Most people come to Bitcoin with the sole idea of making money. They often take to the idea that their big bag would spawn from here and while that might be possible, it is still advised that you invest in Bitcoin with your spare money. That spare money have got to come from somewhere, some source that isn’t Bitcoin. This stresses the importance of having a some worth stable source of income that could fuel your Bitcoin investment.

It’s also the one means you could stay in the game longer and not be shaking by the various societal ills to the Bitcoin initiative and the troubles you would face as a person while doing your hodling.

[Hypnosis00]

Investing in Bitcoin will be a really good decision for you. If you hold long term in Bitcoin you will get much better return in future. But you have to be fully prepared for the long-term hold. This requires a good source of income, so that you can keep your investment for a long time without any interruption. Remember that if the investment is not long-term, you cannot expect anything good from it.

Just sounds easy if you have multiple sources of income but for those who are focused on Bitcoin investment, that is quite challenging. Well, if we really trust and believe that Bitcoin will continue to increase its price in the future, we can make it but if doubts have in our minds, that is somewhat impossible as I was sure that these investors will sell their Bitcoin when dips comes. 

Bitcoin price is very low right now, it is very good opportunity to buy Bitcoin. Please don't miss this opportunity, if you want to invest, invest now and don't rush to sell. In future it will give much better amount of returns.

$60k, $65k, or even $50k is not very low IMO. But as I've said, if you really have the trust, then take this opportunity. Just be sure that you are strong enough and committed to holding during bear season, not just too aggressive during Bullrun.

[Princess Leah]

If you need a lot to sell right now you can sell your bitcoins but I don't know how much you bought bitcoins and how much you invested. But right now the market is around 70k if you want you can invest your bitcoins and if you can be patient for a while you can probably sell at a higher price because after some few days bitcoin will halve and the price will go up. Even then selling bitcoins is yours. Personal Decision You can sell according to your personal decision. But one thing should be remembered, if you can be patient for a few days, the result of patience will be very beautiful. Most people are not selling their investments right now because people are holding on for a year or a few years to see the next half and get a taste of the bull market after half. So hold off unless you need more I think you'll have more success.

According to his statemen, he worked for the old lady for three years and some months, and he made mention that he was saving $30 from a salary of $100 he earned monthly, if you do the maths $30 for a year would give you about $360 and for 3 years should be $1080 plus the few extra months he worked, which means he would've saved about $1200 or more back then.

 I believe he would've made a lot of profits which such amount invested in the previous halving but he made mention about not taking profits which means he invested with little knowledge about Bitcoin or so but since he talked about selling his coins currently I believe he most had invested more in Bitcoin over the years. But then I won't advise him to take profits currently since the halving is just some few hours away and he stands a chance to make more profit if he invest a huge amount of money now the price dropped.

 Therefore my advise to the OP is that he should take advantage of the current market and invest more if he got more spare cash or continue holding till after the halving then he could take profits when Bitcoin sets another all time high. The fact that most people are not selling but acquiring more shows that the they understand what they stand to benefit when Bitcoin sets another All time high.

[Y3shot]

 Currently I am unemployed for three years after completing my studies. I am trying hard to find a job but luck is not helping me. I have two tuitions to support myself but it doesn't work like this, it has become very important for me to help my family. I don't know what to do now. Now the bitcoin market has increased a lot, should I sell my bitcoins? I will use it in a small business. Should I be given more time for the job? I have to take a decision in the next two months. Experienced members of the forum give me some advice what should I do.

Life is not supposed to be hard. If you have hodl bitcoin for sometime and you have made some good profit that can make you start a business  with why don't you sell atleast to make your condition better. The reason for hodling Bitcoin is to gain profit that can be of good financial increase to  your life. You don't need to hodl your bitcoin forever when things is difficult and not going smoothly for you. You have invested and you have made profit, then it will be better for you to start up something that can sustain and give you steady income.

After saving some money you realised from your business you  can decide to invest some in bitcoin by hodling. It is a good one that you invested in bitcoin and now you have made some profit that can be used to start up a project that will help you.

[I_Anime]

Hello all forum members. I am new to this forum and this is my first post. I have been familiar with Bitcoin since 2019. In 2015, when I entered my Honors first year at university, my family situation was very bad financially. I told my family situation to the head of my university then sir gave me a job opportunity. In the house where Sir lives, he has a neighbor, an old woman lives there. The old woman's children lived abroad and had citizenship there. My job was basically shopping for him, withdrawing money from the bank, basically working as his runner.  He paid me $100 a month. I could save $30 dollars a month and put that money in the bank. The old lady died just three months before my honors final exams started. I worked under that old woman for three years and seven months. After completing the final exam, I was not sure what to do with the money, whether to keep it in the bank or not, then a friend of mine told me to invest the money in Bitcoin. I didn't think about it at first but I spent a month browsing the internet about Bitcoin. Later I became interested in Bitcoin. I withdraw my bank money and invest in Bitcoin. I don't know why I didn't sell Bitcoin when it reached its highest price.  Currently I am unemployed for three years after completing my studies. I am trying hard to find a job but luck is not helping me. I have two tuitions to support myself but it doesn't work like this, it has become very important for me to help my family. I don't know what to do now. Now the bitcoin market has increased a lot, should I sell my bitcoins? I will use it in a small business. Should I be given more time for the job? I have to take a decision in the next two months. Experienced members of the forum give me some advice what should I do.

Base on your write-up you where familiar with bitcoin since 2019, which would have be a nice year to start your Bitcoin hodling Journey, because at that time Bitcoin price was still very cheap compare to now which was around the price range of $3k . So by now you would be in nice profit as an early investor.

But sti it hasn't too late to start accumulating Bitcoin now , expecially now the halving is close and Bitcoin is going to drop in prices first before surging. And recently there are some evidence that the Bitcoin halving is really close which is the recent dips in price . So you can use this opportunity to be aggressive the way you can in your accummulating of Bitcoin while hodl. Just as others have said already after the halving they would be a nice increase in price in market , so hopping on now is still nice as bitcoin is still in its early stage.

[Awaklara]

Base on your write-up you where familiar with bitcoin since 2019, which would have be a nice year to start your Bitcoin hodling Journey, because at that time Bitcoin price was still very cheap compare to now which was around the price range of $3k . So by now you would be in nice profit as an early investor.

But sti it hasn't too late to start accumulating Bitcoin now , expecially now the halving is close and Bitcoin is going to drop in prices first before surging. And recently there are some evidence that the Bitcoin halving is really close which is the recent dips in price . So you can use this opportunity to be aggressive the way you can in your accummulating of Bitcoin while hodl. Just as others have said already after the halving they would be a nice increase in price in market , so hopping on now is still nice as bitcoin is still in its early stage.

we don't know whether the impact of the Bitcoin halving will be as we expected. but to plan investment in Bitcoin, it is the most ideal long-term plan. If you want to enter now it might be a little confusing for beginners. because the price could decrease beyond the current price after the halving occurs. it can be after the pump or before.
If you want to start investing, it's better to be confident in your long-term plan. The halving is very close and it's not good to speculate following the market. just focus on holding our assets and plans.

[doomloop]

Base on your write-up you where familiar with bitcoin since 2019, which would have be a nice year to start your Bitcoin hodling Journey, because at that time Bitcoin price was still very cheap compare to now which was around the price range of $3k . So by now you would be in nice profit as an early investor.

But sti it hasn't too late to start accumulating Bitcoin now , expecially now the halving is close and Bitcoin is going to drop in prices first before surging. And recently there are some evidence that the Bitcoin halving is really close which is the recent dips in price . So you can use this opportunity to be aggressive the way you can in your accummulating of Bitcoin while hodl. Just as others have said already after the halving they would be a nice increase in price in market , so hopping on now is still nice as bitcoin is still in its early stage.

I think one shouldn't be too aggressive when they are buying Bitcoin even if the price drops because the price of Bitcoin is unpredictable and we can't know whether it has already dropped enough or it will drop further, so one should always be moderate with their purchases so that they can buy more if the price dips more after their first purchase. So, I think the DCA method is the best if someone wants to make an entry into the market even at the current price.

It's never too late but only if you are making a long-term investment which means that you have planned to keep your Bitcoins for years to come and even if the price doesn't go to a point where you feel satisfied with the profits, you are completely okay with holding them for the next bull run.

[Kristiyana]

Base on your write-up you where familiar with bitcoin since 2019, which would have be a nice year to start your Bitcoin hodling Journey, because at that time Bitcoin price was still very cheap compare to now which was around the price range of $3k . So by now you would be in nice profit as an early investor.

But sti it hasn't too late to start accumulating Bitcoin now , expecially now the halving is close and Bitcoin is going to drop in prices first before surging. And recently there are some evidence that the Bitcoin halving is really close which is the recent dips in price . So you can use this opportunity to be aggressive the way you can in your accummulating of Bitcoin while hodl. Just as others have said already after the halving they would be a nice increase in price in market , so hopping on now is still nice as bitcoin is still in its early stage.

I think one shouldn't be too aggressive when they are buying Bitcoin even if the price drops because the price of Bitcoin is unpredictable and we can't know whether it has already dropped enough or it will drop further, so one should always be moderate with their purchases so that they can buy more if the price dips more after their first purchase. So, I think the DCA method is the best if someone wants to make an entry into the market even at the current price.

It's never too late but only if you are making a long-term investment which means that you have planned to keep your Bitcoins for years to come and even if the price doesn't go to a point where you feel satisfied with the profits, you are completely okay with holding them for the next bull run.

You're absolutely right,had it been he started bitcoin investment then, and also been patient to hold on to it till this time that the price of bitcoin has gone this  far, just imagine how much profit he's going to make. That is why sometimes is good to make a trial  More especially in terms of crypto and also in other aspect. there was This saying that trial lead to success, had it been you invest with a little amount that you know you can afford even if you lose, I'm pretty sure that he would have been in a better position by now.