What portion of Bitcoin assets are you willing to sell?

[Felicity_Tide]

It has been said many times that should invest in bitcoin only a part of your money, not all of it, and certainly not borrowed or credited money. But what about when BTC reach ATH and you are ready to sell bitcoin, you should also sell only a part of BTC, not all of it. Do something like diversification. If something goes wrong in the future (bitcoin collapses or is banned), then “now” you will make a profit, and if bitcoin becomes much more expensive, then you will have a part of BTC left for this, and the current sale at a relatively low price will not affect your future profit.

What part (in percent) of bitcoin that you have are you ready to sell “now” (at a favorable exchange rate for you or reaching ATH), and what part will you leave until better times?

Selling my Bitcoin during ATH really depends on my financial situation. Part of my plans/strategy in investing in Bitcoin is to also get another source/stream of income that will be used to take care of other things, which means, I am not just currently investing in Bitcoin alone, but other projects that I strongly believe in. But if I happened to be without personal funds within the period of ATH, then I might want to take about 50% of my holdings, or maybe take a profit that will level my portfolio back to the average initial price. If I sell 50%, then it means 50% will be reserved for better price ahead.

However, I don't know, I'm thinking of just selling a small portion in this bull and not everything. My reasoning is that Bitcoin is really getting scarce and we all know that almost all Bitcoin has been mined already. Although 20 million now, and so the supply is dwindling but I'm expecting that the demand is going to be high in the next 2 or 3 halvings and so it's better to just sell some but keep at least a portion of it.

This is exactly my fear. Bitcoin scarcity is increasing as the total supply is almost in circulation. I don't really know what will happen to the scarcity rate before the next ATH, so it will be best for me to sell a portion of my holdings, rather than selling the entire portfolio and try to buy back.

[Alpha Marine]

I don't think there is a straight answer to this because it depends on how much profit you've made and what you intend to use it for. If you plan to use it to invest in something else or start a business, what amount of the profit will be enough to get what you want?
You can decide to take only the profit and leave the actual amount you invested or take more than just the profit, but for me, I'm taking profit alone.

Based on the plans I have right now if I am to sell, I will only take profit. I'll leave the rest to yield more profit. I can't state an actual figure or percentage.  That was I can continue DCAing and accumulating more.

[Roseline492]

But what about when BTC reach ATH and you are ready to sell bitcoin, you should also sell only a part of BTC, not all of it. Do something like diversification. If something goes wrong in the future (bitcoin collapses or is banned), then “now” you will make a profit, and if bitcoin becomes much more expensive, then you will have a part of BTC left for this, and the current sale at a relatively low price will not affect your future profit.

What part (in percent) of bitcoin that you have are you ready to sell “now” (at a favorable exchange rate for you or reaching ATH), and what part will you leave until better times?

P.S. Given the deflationary model of bitcoin, there can be no talk of a complete sale (of all available) of this asset.

You have actually said it all because whichever way it is, if there is any need to sell it should only be some little part of our Bitcoin and leave the rest to continue growing because nobody knows the future whether it will turn out good for Bitcoin or not but however the most important thing is to prepare ourselves that no matter the outcome we have something to hope for, though for me in terms of Selling some of my Bitcoin, I don't think I can sell for now because there are still other things that can settle and take care of my daily needs and besides I'm still on the point of accumulation of Bitcoin so is should be someone that already have a sufficient amounts of Bitcoin that should be able to sell some parts.

Based on the plans I have right now if I am to sell, I will only take profit. I'll leave the rest to yield more profit.

Is also a good approach and that's exactly what most people normally do, instead of selling some parts they only collected some of the profit and allow there capital to remain the same, though the profit is dependent on your investment size, so actually somebody should have at least an encouraging amount before getting a good profit.

[OgNasty]

It depends on how exuberant the market gets. If we hit a million per coin in the next 6 months, I’d probably sell 90% of my BTC. A man only needs so much after all… If we stay sideways for the next 6 months, I probably won’t sell any. While letting the market determine your behavior isn’t the best strategy, having patience has done well in the past.

[michellee]

Selling for half amount from the total amount is good because at least, you will have your profit while you can waits for the time to buy back. But you can sells all of your Bitcoin you have in the next ATH because no one can stop you to do that way. People who doesn't have many Bitcoin can think like that as they will sell it while the price is in the peak.

But some people will still hold most amount and only sell for some small part. That is no problem because we should decide by ourselves and not because of others suggestion. Maybe I will sell 30%-75% from my total Bitcoin and leave it the rest to wait for the next highest price.

That money will be big if Bitcoin can increase up to $100k or $150k. That price will be okay for me to sell so the percentage that I want to sell will also give some nice profit.

[adaseb]

I do have some portion of bitcoin assets in my portfolio, however after 2014, 2017 and 2020 crash where I had lost 80% of my value of my bitcoin. I dont keep 90% of my portfolio in crypto. Because those days when bitcoin crashed like in 2018 when it broke the $6K support, I lost so much network I was sick to my stomach.

Sure it can go to $100K or $1M but I cannot stomach another 80% draw-down like in the past. I keep it at a manageable level now, so even if it does go 80% loss, I can buy more instead of selling a bunch on the first bounce. But I guess everyone's preference is different compared to mine.

[ShowOff]

I do have some portion of bitcoin assets in my portfolio, however after 2014, 2017 and 2020 crash where I had lost 80% of my value of my bitcoin. I dont keep 90% of my portfolio in crypto. Because those days when bitcoin crashed like in 2018 when it broke the $6K support, I lost so much network I was sick to my stomach.

Even though you are very experienced during several of these cycles, I admit that the psychological pressure caused by falling prices is very difficult to avoid. We all admit that the price of bitcoin will rise over time in the long run, but we are always pessimistic and tend to change our point of view when the price falls so much. If you don't sell at that time, then you can certainly take big returns in 2024, especially during ATH.

Sure it can go to $100K or $1M but I cannot stomach another 80% draw-down like in the past. I keep it at a manageable level now, so even if it does go 80% loss, I can buy more instead of selling a bunch on the first bounce. But I guess everyone's preference is different compared to mine.

I think your investment approach is right. You need to accumulate over time until the average price you buy is lower.
If you have been doing it for a long time, then I am sure that your loss percentage is no longer the same or in 80% now. Your loss percentage should decrease as you buy more assets at lower prices.

[batang_bitcoin]

I do have some portion of bitcoin assets in my portfolio, however after 2014, 2017 and 2020 crash where I had lost 80% of my value of my bitcoin. I dont keep 90% of my portfolio in crypto. Because those days when bitcoin crashed like in 2018 when it broke the $6K support, I lost so much network I was sick to my stomach.

Sure it can go to $100K or $1M but I cannot stomach another 80% draw-down like in the past. I keep it at a manageable level now, so even if it does go 80% loss, I can buy more instead of selling a bunch on the first bounce. But I guess everyone's preference is different compared to mine.

I can feel you. Even if you'd say that you're an HODLER forever but those times were certainly crazy and mind-boggling, stressing, and very emotional levels. Reaching those high prices are very likely in the near future but then, we might have to face the craziness of this market and will lead you to a stressful day dealing with it. And how you'd deal with them will also determine your passion into holding or else, you'll have to release that stress through selling when you're pressured and you just can't take it anymore. We as individual investors have been dealing with this kind of battle, a silent battle indeed. And when we're able to make money from the market into selling good gains, they think that we've been there too easy without any hassle or mental damage from the stressful market. Yeah, this is what volatility is.

[TheGreatPython]

It's not a thing that I have predetermined but the general rule of thumb is that as stated in the OP, never sell everything. And I would say for quite some time it will be to not sell much, like 50% of my holdings at most in an extreme case but it will probably be less than that. I prefer to keep accumulating, building wealth, both with Bitcoin and other assets. The time will come to stop accumulating so much and enjoy the nest egg, but for that it better be big enough, so that you can keep eating eggs without loading up the nest egg or even while it keeps getting bigger.

I agree with this, never sell everything if you do not have to. I did it twice so far in my crypto life, while I do regret both times it was a must, and I would never sell everything if I can help it. This is why I suggest that the best thing to do would be just waiting for a better price situation, always keep buying more and always keep on holding. If we can do that then the return should be great for all of us, and we should be making some profit from it as well.

The reality is that many people end up selling when they see the price and because of that I think it's something clear for everyone that if you have weak hands and keep on selling then you are not going to get anything good out of it neither, it will not benefit you at all. Many people end up making a ton of mistakes by selling just as it starts to go down because they fear it will drop even more.

If you are smart and sell at the top and buy when it goes down then that's good, but many miss their place and they are too late getting back in. So, it would be better if you could end up getting a good result, we should consider how to get greater results whenever they have some time, it should be very important without a doubt.

[philipma1957]

It has been said many times that should invest in bitcoin only a part of your money, not all of it, and certainly not borrowed or credited money. But what about when BTC reach ATH and you are ready to sell bitcoin, you should also sell only a part of BTC, not all of it. Do something like diversification. If something goes wrong in the future (bitcoin collapses or is banned), then “now” you will make a profit, and if bitcoin becomes much more expensive, then you will have a part of BTC left for this, and the current sale at a relatively low price will not affect your future profit.

What part (in percent) of bitcoin that you have are you ready to sell “now” (at a favorable exchange rate for you or reaching ATH), and what part will you leave until better times?

P.S. Given the deflationary model of bitcoin, there can be no talk of a complete sale (of all available) of this asset.

If my btc was worth 3 million I would sell 2 million of it.

So 66.7%.

But I am 67 with 2 health issues and no kids.

A lot depends on your age and future plans.

[GigaBit]

I don't think there is a straight answer to this because it depends on how much profit you've made and what you intend to use it for. If you plan to use it to invest in something else or start a business, what amount of the profit will be enough to get what you want?
You can decide to take only the profit and leave the actual amount you invested or take more than just the profit, but for me, I'm taking profit alone.

Based on the plans I have right now if I am to sell, I will only take profit. I'll leave the rest to yield more profit. I can't state an actual figure or percentage.  That was I can continue DCAing and accumulating more.

Since each person invests in Bitcoin according to his needs, I would also say that he will be responsible for his own profit or loss. How much he wants to give up or how much he wants to hold is entirely up to the investor himself. But as an ordinary investor, I must say that no one should not invest all his money in Bitcoin, he also should not sell all his money. There are many instances in the crypto space where 75 percent have sold an asset with the remaining 25 percent profiting the most. Investors should pay attention to these factors when buying and selling.

[JeffBrad12]

depends on what ATH we're talking about if it's just ATH that's slightly higher than previous ATH i will only sell my BTC holding partially around the ATH but if the ATH is for example like $100k price mark then I will sell all my holding and reposition back in bearish.

i will just be a realistic investor, a coin that's already reached ATH will hardly continue the pump, even more so if it's already showing weakness around peak where it always fail to breakthrough and bounces back at certain price mark.
reinvesting when BTC already at bearish again is the perfect way to grow wealth and not get too holed up in a dreamy future prospect.

[348Judah]

I may not have to sell the entire holding capacity of my bitcoin asset for now, but there could be a need for me to do so as well if i see that the market is very bullish and i can quickly take advantage on that to release and later reinvest on the same asset after which the market would have fallen dip, its actually a strategy in which many of the long term holders could engage doing, while it may require patience and time to have it done.

[uswa56]

I don't think there is a straight answer to this because it depends on how much profit you've made and what you intend to use it for. If you plan to use it to invest in something else or start a business, what amount of the profit will be enough to get what you want?
You can decide to take only the profit and leave the actual amount you invested or take more than just the profit, but for me, I'm taking profit alone.

Based on the plans I have right now if I am to sell, I will only take profit. I'll leave the rest to yield more profit. I can't state an actual figure or percentage.  That was I can continue DCAing and accumulating more.

You are right, in this case it really depends on the assets that they have invested in and also the profits that they have earned and I agree with you if you take part of the profits that we have gotten from BItcoin to develop a business, of course this will be very good because we will also be able to continue the process of accumulating Bitcoin when the business we are running can run well.
When we have reached the target that we have invested, then take some of the profits and leave the assets we already have to be able to hold until we make profits again, but we must also continue to accumulate Bitcoin so that we can still make profits later.

[jcojci]

I am not yet decide how many portion of Bitcoin I have that I will sell later. I also not know how high Bitcoin price will be so I am waiting for that while I still buy Bitcoin as many I can. But selling 75% from the total of my Bitcoin will give me much money especially when Bitcoin price make a new ATH.

I don't want to borrow money from other people to buy Bitcoin and will trying to separate some amount and allocate that to buy Bitcoin. Borrowing money from other people will give me a problem because I am not sure I can give back the money to them.

[Lucius]

~snip~
What part (in percent) of bitcoin that you have are you ready to sell “now” (at a favorable exchange rate for you or reaching ATH), and what part will you leave until better times?

I am one of those who are ready to sell very little regardless of the price, because I believe that despite all possible risks, Bitcoin is the best way to store value, but also that we can use it as a currency at any time. I guess there are two types of people in all of this, one who is only there for the profit, and the other who look at Bitcoin from a slightly different perspective.

Everyone has their reasons and no one should be judged for the way they look at things, especially those who have been enabled by Bitcoin to live better and achieve some of their dreams. Let everyone do what they think is best for them, because life is short and the truth is that it doesn't make sense to hold on forever.

[NotATether]

What do you mean, "what portion of Bitcoin assets"?

Bitcoin is non-fungible (ignoring all the chain analysis "taint" BS). That means you can just sell any UTXO you want. There isn't going to be a difference if you sell one set of coins or another, except I guess how much you sell.

I am one of those who are ready to sell very little regardless of the price, because I believe that despite all possible risks, Bitcoin is the best way to store value, but also that we can use it as a currency at any time. I guess there are two types of people in all of this, one who is only there for the profit, and the other who look at Bitcoin from a slightly different perspective.

Sell as little as possible. High gains become even higher amounts over the years.

In case the P2P cash gang brings their pitchforks - obviously, spend as much as you want/need to of it. Just don't liquidate the rest to cash.

[dezoel]

When bitcoin price goes up super incredibly high, I do take some profit to other coins, which is why it's such an important thing to do. I agree that it is not a simple job, but it is definitely something that I would care a lot about.

This is why it's important to realize that if we are dealing with something like this, then we should be careful about it as well. When you sell your bitcoins, you are taking a risk, because bitcoin could keep going higher, and when you buy altcoins with that, you are also taking a risk because you can pick a terrible coin as well.

This is why I believe that I am taking a risk, but thankfully I will always wait until I doubled my investment before I do this, because when you double your investment, taking just 10% is not a big deal.

So, let's assume I invested 1k, then it became 2k with bitcoin going up, when I take out 200 dollars of that, I still have 1.8k in bitcoin, and now I have 200 in altcoins as well. If I am right and price goes up, then I make even more, if I am wrong and price goes down, then I still have 1.8k in bitcoin so I am not worried much. This is the way I did it so far and I think it is going to stay being something that will be profitable.

[aoluain]

~snip~
What part (in percent) of bitcoin that you have are you ready to sell “now” (at a favorable exchange rate for you or reaching ATH), and what part will you leave until better times?

I am one of those who are ready to sell very little regardless of the price, because I believe that despite all possible risks, Bitcoin is the best way to store value, but also that we can use it as a currency at any time. I guess there are two types of people in all of this, one who is only there for the profit, and the other who look at Bitcoin from a slightly different perspective.

Everyone has their reasons and no one should be judged for the way they look at things, especially those who have been enabled by Bitcoin to live better and achieve some of their dreams. Let everyone do what they think is best for them, because life is short and the truth is that it doesn't make sense to hold on forever.

Same as that, I only sell Bitcoin if I need to or I have no other means to pay
for goods/services which I would need Bitcoin for...otherwise I'm HODL'ing.

Even when Bitcoin has reached ATH's or when others were taking profits I HODL.

Currently I am envisioning that I will need FIAT in the next few weeks for a project
I am working on, I can see it in advance and I will have to sell some Bitcoin
eventhough HODL'ing until 2025 until the market rises is better, I will need to sell before
that...thats just the way it is.

[Orpichukwu]

I don't think there is a straight answer to this because it depends on how much profit you've made and what you intend to use it for. If you plan to use it to invest in something else or start a business, what amount of the profit will be enough to get what you want?
You can decide to take only the profit and leave the actual amount you invested or take more than just the profit, but for me, I'm taking profit alone.

I agree with you on this. What I want to use the money for should determine how much of those holdings that I'm going to sell, and how many I bought with the exact amount I purchased them will also determine how much and at which price I will sell each of them. 
 
Unless it's in cases of emergency, if not, I will also want to sell off some of the holdings when the bitcoin price reaches a point that I can be sure of 50-80% added to my wallet as profit and leave some until I can be sure of more profit.