When should you sell your bitcoin?

[Powerjumboo]

If we continually invest in bitcoin for, hypothetically speaking, probably about 10 or 20 years. Is that timeframe sufficient enough to sell bitcoin? Its different from stocks as it does not give dividends and is not like real-estate that helps you preserve wealth as the movement of it fluctuates and is very erratic. Ive also seen some posts on other forums talking that in the far or near future, bitcoin would become a common medium of exchange and would further increase its purchasing power? I find it speculative but its also plausible.

If you leave it for 10 years or 20 years after investing and then if you get the maximum success of your Bitcoin investment and your mind says to sell, then you can sell. And if after 10 years or 20 years your mind says to keep more Bitcoin for five to ten years or even 20 years, then that is also your personal matter because you will understand when to sell and when not to sell. For example, if I started my journey with Bitcoin investment and now after 10 years I get a lot of success and my mind says not to sell now but to keep more, then I will decide whether I will sell or not.

[Hypnosis00]

Sell when you are ready to sell and make profits, that's the ultimate goal for everyone.

But if as ask when or how many years from hodling bitcoin one should start selling, that depends on individual's time desire or preference. And for all we know, we have different views about that.

However, the most important thing is, one should sell for profits. 5 years, 10 years or 15 years, that depends on your perfect time to sell, but store huge amount of bitcoin first before you can expect for massive profits.

[Samlucky O]

If we continually invest in bitcoin for, hypothetically speaking, probably about 10 or 20 years. Is that timeframe sufficient enough to sell bitcoin?

It is not compulsory that you will have to invest 10 - 20 years before you sell. Bitcoin investment is an individual kind of investment that you do base on your calculations, you may decide a short time investment or long term investment depending on your age and your source of income. Let's say a guy of 20-25 years and is having a long term job, can decide to invest for 20 or 25 years and stopping or hitting the over accumulation stage Before selling, but if the investor is about 35 to 40 years, he may just decide only invest for 10 to 15 years.

[Fredomago]

Sell when you are ready to sell and make profits, that's the ultimate goal for everyone.

But if as ask when or how many years from hodling bitcoin one should start selling, that depends on individual's time desire or preference. And for all we know, we have different views about that.

However, the most important thing is, one should sell for profits. 5 years, 10 years or 15 years, that depends on your perfect time to sell, but store huge amount of bitcoin first before you can expect for massive profits.

What is important is to reached your goal before selling whatever the time and the amount as long as you hit your target then it's going be okay, though there are so many differences from each individual who invest and hold their assets but the main goal is to gain profits and enjoy the benefits after supporting the market and make your call when you invest your hard earned money.

[tygeade]

Not everyone has the same investment goals. It may be possible for a young person to hold Bitcoin for 20 years. However, not everyone will have the same ability to hold it for 20 years, because of age, financial capacity, responsibilities, and many other factors. We understand the ideal time for long-term investment as 8 to 10 years or more. A long-term investor can sell after eight years of his investment, and can sell after ten years. The most reasonable thing is to set your goals and make investment decisions accordingly so that there is no negative impact on risk and financial capacity.

Even it is true that someone who is 65 years old, may not just simply say "I will buy bitcoin and wait for 20 years", but that is not meaning that they are going to get rich just because they do not have the time for it. I get it, I understand the need and request to basically just have a situation where they want to have money quicker, but that doesn't mean they can, or they would be allowed to.

Bitcoin is a long term investment, maybe in 10 years, maybe in 20 years, you will get richer, but not next year. There is also nothing that will get you rich in a year, not gold, not stocks, nothing, you can't just put in 10k into something and be rich next year, unless you are gambling and hoping to win.

[barbara44]

You can decide to sell your coin which ever time you feel it’s okay, it doesn’t matter if it’s a week or a couple of days. You can’t own Bitcoin and still go through difficult situations without taking profit to settle your situations. It’s okay to withdraw Bitcoin occasionally so long as you are not withdrawing all your portfolio, you don’t have to wait 10-20years if there is a need for you to make these withdrawals. When there is no other source and their is a need that can’t be ignored, then it’s okay to withdraw just what’s enough.

Many look Bitcoin as long-term investment asset but even if it is a short-term one, I think we may still need to wait a couple of months for it, not days or weeks in order to earn something good. Maybe if we are only trading Bitcoin, then we can sell even on a daily basis. Difficult situation is not only about money but there are difficult situations like when there are wars or natural calamities like strong typhoons where we may have a difficulty withdrawing money.

But anyway, in Bitcoin investing, one is always advice to invest only money what they can afford to lose. That is for us to have a backup fund that we will be using outside and invest on the said coin successfully.

[sunsilk]

What is important is to reached your goal before selling whatever the time and the amount as long as you hit your target then it's going be okay, though there are so many differences from each individual who invest and hold their assets but the main goal is to gain profits and enjoy the benefits after supporting the market and make your call when you invest your hard earned money.

It is our call to when we're going to sell and there should be no gaslighting to your own decisions when you're very content to what you've done.

Because that's the problem of other holders, they've sold and yet they are not happy with what they did. They have no reason to sell but for profit.

They can always get back to the market with that profit and buy back those sold Bitcoins. But if there's really no reason to sell, don't do it or else you have a pleasure in doing it if there's a need.

[yhiaali3]

The answer to the question: "When should I sell Bitcoin?" depends on each person's goal. Simply put, everyone has a different profit target and once they reach their goal, they can sell regardless of the timeframe.

But if you want to hold Bitcoin for a long period, you can keep it for as long as you like regardless of the price. You can also bequeath it to your children instead of other assets like real estate.

[Bluedrem]

Cryptocurrency is an asset whose value can never be predicted in advance. So there is no clear answer on when to buy and when to sell.
But it can be said that since you are investing in Bitcoin using discretionary income, why would you sell Bitcoin? I think in case of emergency, that is, in the absence of an emergency fund, the emergency fund that was created to deal with the emergency situation will run out and more money will be needed, then if he cannot raise money from anywhere else, he can sell his Bitcoin portfolio, otherwise he has no idea when to sell.

[Cookdata]

The answer to the question: "When should I sell Bitcoin?" depends on each person's goal. Simply put, everyone has a different profit target and once they reach their goal, they can sell regardless of the timeframe.

But if you want to hold Bitcoin for a long period, you can keep it for as long as you like regardless of the price. You can also bequeath it to your children instead of other assets like real estate.

I know a friend that bought Bitcoin in 2022 while we were arguing last year that Bitcoin was going $150, he sold around $100k and locked in again, now he has bought more than half already of his stable and he is looking forward to buy more. He has accumulated more than the total holding of his Bitcoin last year and the stable left can get more. What's the story learn? Do what work for you and don't listen to what everyone says on the internet.

I wouldn't advice you to sell but I will encourage you to buy at any time. If you are selling for health issues, it's highly justified, if you are selling for another investment, that's your choice but you see selling Bitcoin for Altcoins, it's one of the stupid decisions some people has done and most people I know has never recovered from this. Never sell Bitcoin because you see Altcoins are pumping and to decided to sell and jump into the pump, the end is always tears.

[red4slash]

If we continually invest in bitcoin for, hypothetically speaking, probably about 10 or 20 years. Is that timeframe sufficient enough to sell bitcoin? Its different from stocks as it does not give dividends and is not like real-estate that helps you preserve wealth as the movement of it fluctuates and is very erratic. Ive also seen some posts on other forums talking that in the far or near future, bitcoin would become a common medium of exchange and would further increase its purchasing power? I find it speculative but its also plausible.

The real time benchmark for me is just a reference that we have to be in bitcoin for the long term. This is because we are trying to minimize volatility because we know that the longer bitcoin is increasing in terms of movement so there is a hope that when we apply the long term in the investment we do then we can get maximum results.
But when saying when we should sell our bitcoin then it should come back to ourselves because everyone has their own benchmark and usually there are those who make a certain price benchmark before selling or feel they have benefited in accordance with expectations.S
No matter where we sell our bitcoin as long as we already feel profitable with the investments we make then we are free to sell it but if we want to last longer and expect a higher increase we just need to hold.

[leonair]

If we continually invest in bitcoin for, hypothetically speaking, probably about 10 or 20 years. Is that timeframe sufficient enough to sell bitcoin? Its different from stocks as it does not give dividends and is not like real-estate that helps you preserve wealth as the movement of it fluctuates and is very erratic. Ive also seen some posts on other forums talking that in the far or near future, bitcoin would become a common medium of exchange and would further increase its purchasing power? I find it speculative but its also plausible.

The best time to sell Bitcoin is when it is at ATH, but to understand when this time is, you need to know about market analysis. However, I think that if the price increases by 4 times from ATL, it can be considered as ATH price and at that time you should sell Bitcoin and wait for the next bear season. I try to do this, but I can't always do it perfectly, sometimes I regret not being able to take a perfect entry. So I would say that everyone should hold Bitcoin for as long as possible according to their financial ability without selling. Because there is no loss if you hold Bitcoin if someone panics and doesn't sell during the correction of Bitcoin price

[uneng]

If we continually invest in bitcoin for, hypothetically speaking, probably about 10 or 20 years. Is that timeframe sufficient enough to sell bitcoin? Its different from stocks as it does not give dividends and is not like real-estate that helps you preserve wealth as the movement of it fluctuates and is very erratic. Ive also seen some posts on other forums talking that in the far or near future, bitcoin would become a common medium of exchange and would further increase its purchasing power? I find it speculative but its also plausible.

The best time to sell Bitcoin is when it is at ATH, but to understand when this time is, you need to know about market analysis. However, I think that if the price increases by 4 times from ATL, it can be considered as ATH price and at that time you should sell Bitcoin and wait for the next bear season. I try to do this, but I can't always do it perfectly, sometimes I regret not being able to take a perfect entry. So I would say that everyone should hold Bitcoin for as long as possible according to their financial ability without selling. Because there is no loss if you hold Bitcoin if someone panics and doesn't sell during the correction of Bitcoin price

New ATHs happen every 4 years, more or less. So it's a good timeframe to calculate when you should sell your Bitcoins. The right thing to do is to buy Bitcoin during the bearish seasons, to sell it during the bullish seasons. The current moment we are facing is an example of bearish market, and therefore, a good opportunity to acquire Bitcoin for a cheaper price, although I think it's still going to drop more yet.

Investors acquiring Bitcoin now should be prepared to wait until 2028 until being able to sell their coins for a decent profit.

[EFS]

No one can know what will happen in 20 years. Bitcoin isn't even 20 years old yet. Bitcoin doesn't pay dividends but it has had a much higher return than the stock exchange over this 18 year period. There's no guarantee it will continue like this but almost everyone on this forum think Bitcoin will be with us for many more years. You can't sell Bitcoin and buy something better. If you're not planning to spend your money, there's nothing wrong with holding it for many more years.

[Abiky]

One thing is certain, the longer you hold your bitcoin, the more promising its price is. So if you are thinking to sell 10 or 20 years after you have bought your bitcoin, I think by that time, selling will be perfectly fine because you will be selling in exchange of massive returns.

However, everyone of us has specific and desired time and price goal for bitcoin, and we just have to stick with it in order not to break our plans or ruin our future plans and goals for bitcoin. Selling bitcoin should not be too hard on us, it just have to be profitable when that time comes.

Some people are not willing to wait 10-20 years for profit. Especially noobs. They want quick results, so they will sell as soon as they have the chance. For others, "hodling" and never selling is the way to go. I am one of those people. Just planning to leave a sizeable portion of my BTC stash for my descendants to enjoy. Won't sell no matter what. If I want cash quickly, I'd just sell altcoins.

At least we know, Bitcoin will outlive most coins in the future. Whatever you decide to do with your stash, is up to you. Invest responsibly, and there should be nothing to worry about.

[Zlantann]

The answer to the question: "When should I sell Bitcoin?" depends on each person's goal. Simply put, everyone has a different profit target and once they reach their goal, they can sell regardless of the timeframe.

But if you want to hold Bitcoin for a long period, you can keep it for as long as you like regardless of the price. You can also bequeath it to your children instead of other assets like real estate.

My friend sold some of his coins and bought a house. He has been planning to own a house for a long time, and Bitcoin gave him the money he needed to buy a simple home for his family. That's his plan, and it's good for him. Some people might also want to diversify their income to different assets, so they might sell and buy assets like gold or real estate.

Some people always want to benefit from every bull run, which is why they keep accumulating during the bear season. Each time the price gets to their projected price in the bull market, they would sell to make a profit. The wallet will be refilled later.

 

[Doll2233]

If we continually invest in bitcoin for, hypothetically speaking, probably about 10 or 20 years. Is that timeframe sufficient enough to sell bitcoin?

When you sell is your personal decision. If you see profit in your investment then you can sell it. Now you should remember that the longer you hold the investment, the more you can make a profit, so our investment should hold on for the long term. Now many plan to hold 1 cycle or 2 cycles. Besides, many people plan to accumulate a certain amount of btc. In fact, not everyone's plans are the same so how you plan depends on you. If you keep it for 10-20 years then you can expect to make a lot of profit.

I think person should sell Bitcoin when there is all time high in the market. If you want to get profit then that is best for you to sell this Bitcoin at that time and should invest when it's market is low and everyone is afraid of market situation and they think that market could go down more but you have to invest and hold and wait for the time when it will be good for you . Many people can sell when Bitcoin price is low and they are thinking that its price will decrease but after that price was up and they could get huge amount of profit at that time and they could not hold their nerves which is important when you are doing investment online. If you have patience then market will work according to you.

[laspol65]

If we continually invest in bitcoin for, hypothetically speaking, probably about 10 or 20 years. Is that timeframe sufficient enough to sell bitcoin? Its different from stocks as it does not give dividends and is not like real-estate that helps you preserve wealth as the movement of it fluctuates and is very erratic. Ive also seen some posts on other forums talking that in the far or near future, bitcoin would become a common medium of exchange and would further increase its purchasing power? I find it speculative but its also plausible.

Every investor has a plan in Bitcoin investment, according to the plan, they will hold Bitcoin for as long as they want and after a certain period of time they will release their holdings after gaining benefits during the high price of Bitcoin. However, Bitcoin is definitely more likely to be profitable after holding it for a long time, in the current situation, those who buy deep and hold Bitcoin holdings for the next few years will definitely achieve great success from here. So it is definitely enough to plan before starting Bitcoin holdings.