Topic: Is it advisable for me to Hold or Sell ? - page 2. (Read 802 times)
Of course it'd be wise to know what others think about this.. but in the end just make ur own decision. I'm sorry but i just think you should trust your own instincts. No one knows what u need better than you.
If you invest in some good project then you might as well hold it but if you have invested in some shitty project or did the bounty of any shitty project then no need to hang on to that token or coin just sell them and invest in other good projects.
If you're in profit then sell! but if you don't need the money yet then hold it for long term. stick to the rule that we holders has a plan for our future. money is everything and we should hold it more longer.
I would recommend holding on to the coins as the amounts are relatively so small that unless you desperately need the money right now they won't really make a dent in your finances. Just imagine you were acquiring $100 worth of Bitcoin 5 years ago when it was around $10. Right now those 10 BTC would be worth $100,000. Who know what it will be in 5 more years, even if it goes up to only $100,000 your $100 worth would be then worth $1,000.
If you want to daily trade with bitcoin then you sell it.or if you want to more profits from bitcoin then you hold it.
It is really hard to tell with such number of altcoins, what will suceed and what not.. bitcoin growths is too much IMO today it could go down but longterm it will go up
Hello , I have about 3 months only working with bitcoin and i've only gathered some of it from freelance work and signature campaigne.
It's like 100$ every month or more . Is it beneficial for me to sell those amounts and just live with them. or should i hold although they are small amounts.
I've been told that small amounts like that won't make any diffrence if u held them,so i might just as well sell.
Is anyone in the same situation as me ? and what are you planning to do with you satoshi.
i think it is more advisable for you to hold and if possible, invest more amount of Bitcoin. Its market value is indeed high at this moment so it is still okay to sell especially if you are already satisgied with its value. But since it is expected to be more expensive on the next years to come, it will be advantageous to hold. It's like 100$ every month or more . Is it beneficial for me to sell those amounts and just live with them. or should i hold although they are small amounts.
I've been told that small amounts like that won't make any diffrence if u held them,so i might just as well sell.
Is anyone in the same situation as me ? and what are you planning to do with you satoshi.
If you are living with it that way, you just have to sell it in order to sustain your needs. But as a freelancer you must have some other source of income as well.
And it's always been the best thing that you have some bitcoins on hold so you will not be left alone when the price is moving dramatically.
Whether you hold small or big amount it's a good factor to satisfy yourself for your own future.
And it's always been the best thing that you have some bitcoins on hold so you will not be left alone when the price is moving dramatically.
Whether you hold small or big amount it's a good factor to satisfy yourself for your own future.
If you dont need extra money in your everyday life than hold your bitcoin in wallet, it doesn't matter what amount. Most people do freelancing for bitcoin to have an extra income in their life but if you dont really need it the keep it in wallet until that 100$ will become 5000$ so you can buy a car.
Yeah, 100$ looks like a very small amount at the beginning, but after 1 years you get 1000$ plus that the price of bitcoin grows with 50% and you get 1500$ wich is not such a small amount because you can take a vacation at the end of the year with those money. So it really depends on you to decide what you want to do with the bitcoin you are earning.
Yeah, 100$ looks like a very small amount at the beginning, but after 1 years you get 1000$ plus that the price of bitcoin grows with 50% and you get 1500$ wich is not such a small amount because you can take a vacation at the end of the year with those money. So it really depends on you to decide what you want to do with the bitcoin you are earning.
If you are working hard to solve your daily expenses, I think you are not in the condition of holding your bitcoins for a long time, because there are priorities in life and one of them is to cover your basic expenses and that of your family. But fortunately the world of the altcoins is so generous in economic terms, that if you keep looking for alternative income in this market, no doubt in the medium term you will have the possibility to fulfill your duties and separate a part of your income to start holding bitcoins.
Indeed, the decision whether you will be holding or selling your bitcoin depends on your needs. We all want to save bitcoin but sometimes priorities must come first and this include family and personal needs. If you know that your family is in need of money, could you just stay silent that you have money? Other example is, personal needs like school expenses. As a student who is financially supporting myself, it will be very hard for me to keep holding my bitcoin especially if I don't have anything to eat anymore.
It is a very good thing to seek for an advice in a situation like this, but it is left for you to still decide on what to do at the end of the advice. When you critically look at it $100 may seem small to you and many,but you can not actually say what tomorrow may be, the situation you are is what determine if you will sell the bitcoin or if you will be able to raise such an amount or if you invest it into another business will it be able to yield higher amount, and if the pressing need is so serious that there is no other way save the bitcoin, then you can go ahead and sell the Bitcoin. But if there is a way out, leaving it would have been the best option, for it will surprise you what it will become in the future.
If you are working hard to solve your daily expenses, I think you are not in the condition of holding your bitcoins for a long time, because there are priorities in life and one of them is to cover your basic expenses and that of your family. But fortunately the world of the altcoins is so generous in economic terms, that if you keep looking for alternative income in this market, no doubt in the medium term you will have the possibility to fulfill your duties and separate a part of your income to start holding bitcoins.
It depends upon the price and the level of satisfaction of the person .If you think that the price is too low means if it has dropped down to the price lower than cost price (the price at which you bought your coin's) then you should definitely hold your coins,otherwise investing in it will not be useful.If you are satisfied with the amount of profits you will earn by selling your BTC's at the current price then sell them otherwise hold them.I advice you to Hold your coin's until you really need them because it has a bright and positive future and will rise even more .So hold them in order to get more profits.
$100 a month? It is not a lot of money to hold, you need bitcoin to go upto $100 thousand dollars in order to make them look like a considerable amount of money.
No, if you need that money to make your own living, then why would you hold that money? it is probably what you need to buy food or any other kind of stuff.
But if it would be $500 or a higher amount, i would definitely hold it for a few months, we dont know if tomorrow we would wake up and see the price over $20k.
So yes, in your situation, i would be going for a 50%-50% about your decision, but probably, i would sell.
No, if you need that money to make your own living, then why would you hold that money? it is probably what you need to buy food or any other kind of stuff.
But if it would be $500 or a higher amount, i would definitely hold it for a few months, we dont know if tomorrow we would wake up and see the price over $20k.
So yes, in your situation, i would be going for a 50%-50% about your decision, but probably, i would sell.
For now I don't need money for food or any living essentials. Just for clothes and other flashy stuff . my goal is to reach that 500$ but it's harder ,as the price of bitcoin is constently going up . i would invest but i'm a student in the university and you could only imagine my fianancial situation.
$100 a month? It is not a lot of money to hold, you need bitcoin to go upto $100 thousand dollars in order to make them look like a considerable amount of money.
No, if you need that money to make your own living, then why would you hold that money? it is probably what you need to buy food or any other kind of stuff.
But if it would be $500 or a higher amount, i would definitely hold it for a few months, we dont know if tomorrow we would wake up and see the price over $20k.
So yes, in your situation, i would be going for a 50%-50% about your decision, but probably, i would sell.
No, if you need that money to make your own living, then why would you hold that money? it is probably what you need to buy food or any other kind of stuff.
But if it would be $500 or a higher amount, i would definitely hold it for a few months, we dont know if tomorrow we would wake up and see the price over $20k.
So yes, in your situation, i would be going for a 50%-50% about your decision, but probably, i would sell.
Those small amount that seems not to make any difference could turn out to matter in few years to come. If you have other means of living, then I would suggest you keep and gradually it becomes something that could get you financial stability fast.
Sometimes not too long ago, when people are being paid .1btc to wear a signature for a week and it could even been lower than $100 you are making reference to today but that same amount someone could have just amounted to waste of time is over $1000 today. So, keep because of tomorrow.
Sometimes not too long ago, when people are being paid .1btc to wear a signature for a week and it could even been lower than $100 you are making reference to today but that same amount someone could have just amounted to waste of time is over $1000 today. So, keep because of tomorrow.
You'r completly right ,that's the exact reason that is making me doubt my decision of selling or trading with that bitcoin. If bitcoin did rise more than it already is, which seems insane to me right now. i would defenitly make a good fianancial situation for mylife. But it scares me how all those governements are doing their best to figh cryptocurrencie. I'm afraid if they are able to ruin those opportunities for us.
It all depends on your plan. Do you want to trade, or hold and sell off after appreciation? If the earlier position your intention then you have to sell off now that Bitcoin has made a new high and wait for the correction price and reenter to buy again at a lower price and ride through to the next new high.
Hello , I have about 3 months only working with bitcoin and i've only gathered some of it from freelance work and signature campaigne.
It's like 100$ every month or more . Is it beneficial for me to sell those amounts and just live with them. or should i hold although they are small amounts.
I've been told that small amounts like that won't make any diffrence if u held them,so i might just as well sell.
Is anyone in the same situation as me ? and what are you planning to do with you satoshi.
It's like 100$ every month or more . Is it beneficial for me to sell those amounts and just live with them. or should i hold although they are small amounts.
I've been told that small amounts like that won't make any diffrence if u held them,so i might just as well sell.
Is anyone in the same situation as me ? and what are you planning to do with you satoshi.
Those small amount that seems not to make any difference could turn out to matter in few years to come. If you have other means of living, then I would suggest you keep and gradually it becomes something that could get you financial stability fast.
Sometimes not too long ago, when people are being paid .1btc to wear a signature for a week and it could even been lower than $100 you are making reference to today but that same amount someone could have just amounted to waste of time is over $1000 today. So, keep because of tomorrow.
thank you for your advise Guys. Now it's clear more to me and trading is worth to put the time and effort in . I will do my best in it and see where it gets me .
i have a very limited knowledge about altcoins . i would like to make more money trading. but i think it's just too risky for me.
Well I mean, everything in Bitcoin and the cryptocurrency market is going to be insanely risky. That's just the nature of the beast when it comes to Bitcoin. The way I see it, it's pretty much like you took penny stocks and took the craziest movers in the penny stock category. From there then you went ahead and just picked a couple -- that is cryptocurrency.
So if you don't want to expose yourself to that risk, then sell.
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