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Topic: Should I sell or hold on my bitcoin? - page 10. (Read 9121 times)

full member
Activity: 826
Merit: 100
July 09, 2021, 11:13:21 PM
for now I think it's better to keep it. unless you sell it when the price peaked yesterday, maybe we will get the maximum profit, and now is the right time to buy back. but if we didn't take profit yesterday and still hold it today, then the best option is to hold it until the bullish trend occurs
member
Activity: 770
Merit: 12
Trphy.io
July 09, 2021, 09:20:40 AM
If you don't wait for a long term and you think that there are another coins which can give you a lot of profit as compared to bitcoin in short period then you can sell it  but if you can wait for a long time and you need a huge profit then should wait and be calm.
For me bitcoin is a long term asset and if you look at the graphs of bitcoin at least every year they go up,
bitcoin is very good for long term investment and indeed to hold it requires patience,
related to selling or continuing to hold it all depends on each person's strategy and decision
bitcoin will go up at any given time, but we can't be sure it will rise every year. For example, in 2019 there is a decrease from 2017. The best thing in my opinion is that we must know the right time to buy and sell it. if we know to buy when the price is $4k and in 2021 we sell it at $60k, then that's where we can maximize profits. and we can buy again at the current price and wait for the bullrun to come back
sr. member
Activity: 2002
Merit: 250
July 09, 2021, 04:08:11 AM
If you don't wait for a long term and you think that there are another coins which can give you a lot of profit as compared to bitcoin in short period then you can sell it  but if you can wait for a long time and you need a huge profit then should wait and be calm.
For me bitcoin is a long term asset and if you look at the graphs of bitcoin at least every year they go up,
bitcoin is very good for long term investment and indeed to hold it requires patience,
related to selling or continuing to hold it all depends on each person's strategy and decision
member
Activity: 126
Merit: 19
July 09, 2021, 01:40:34 AM
Bitcoin is more suitable for long-term holding. Don't be affected by price fluctuations, hold Bitcoin for a long time, and then sell it when you make a profit. The total amount of Bitcoin is fixed, and now the consensus on Bitcoin is strengthened, and people's demand for Bitcoin is also increasing. Bitcoin is still in a bullish trend, so it is very likely that the price of Bitcoin will continue to rise.
jr. member
Activity: 40
Merit: 1
July 09, 2021, 12:53:02 AM
Do you understand that new stock?
If you have enough funds, you can invest in that new stock and continue to hold Bitcoin.
If you don't have the funds, and you think that new stock can bring you profits, then you can sell your bitcoins.
jr. member
Activity: 55
Merit: 3
July 08, 2021, 10:49:34 PM
If you think that the price of Bitcoin will get lower and lower in the future, and if you sell it now, your profit is not a loss, you can sell your Bitcoin, but I suggest you keep your Bitcoin first. Because the price of Bitcoin will definitely rise, you must be patient. You can wait until the price is high before you sell your Bitcoin.Sell or keep holding, it all depends on you.
member
Activity: 252
Merit: 11
July 08, 2021, 10:40:02 PM
If you don't wait for a long term and you think that there are another coins which can give you a lot of profit as compared to bitcoin in short period then you can sell it  but if you can wait for a long time and you need a huge profit then should wait and be calm.
member
Activity: 65
Merit: 10
July 08, 2021, 03:07:16 AM
Any investment has a certain risk. I have seen many people regret selling bitcoin during a sharp decline, and then wait for the next big rise, and then buy it back. They will always be affected by market sentiment, since If you choose to invest in Bitcoin, you should believe that holding it for a long time will bring you huge wealth, rather than dumping your Bitcoin because of FUD.
jr. member
Activity: 88
Merit: 3
July 07, 2021, 09:50:29 PM
I don’t think you need to worry at all. For now, it must be a long-term holding of Bitcoin. Don't sell at a loss. You must stand the test. It reserves generous rewards for those who are prepared and truly trust Bitcoin. What was the purpose of OP buying Bitcoin at the time? Certainly not the idea of selling at a loss. If you want to support that new stock, you can reduce your investment and try, but I think it is unwise to sell Bitcoin at a loss.
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
July 01, 2021, 08:41:30 AM
Yes, I agree, selling your cryptocurrency at this time is very wrong. When you take risk on selling it at a low prices then you might regret the high market price soon. The prices have fallen and might some cryptocurrency had help us gain good profit and always left us good prices even this time. Holding it is a right choice for now but its up to you if you sell it, yes you can gain a profit but in a very low prices. I suggest holding it for a long term because it surely give you a great profit that you won't expected. Learn to wait, be updated and always do research.
CZ's sentence is very clear "you will not get rich if you cant hodl"
the market is sideways and maybe this will last for the next few months

if you sell now then you will not feel the opportunity to profit in the next bullish
hodl your crypto until you really feel a big profit, don't be easy to sell and then run away
full member
Activity: 1736
Merit: 116
July 01, 2021, 05:09:52 AM
~
I agree that what happened in 2017/2018 has provided valuable lessons for all of us, that there is no need to worry about the falling Bitcoin price.
Because our patience will be tested, who is able to be patient with the current conditions, then the person will enjoy the results in the future.
So the best decision is that we have to collect Bitcoin from now on, don't sell Bitcoin if it's not for an urgent need.
patience is being test from those who really understand how the cycle works from this industry, the market still down from the last time
high but likewise, it will bounce and bring very decent amount of benefits for those who are willing to wait and patiently wait for their money.

Invest when you have that skills and knowledge with particular asset that you place your money, trust and enjoy the fruit of your hard work

when the market start to move according to your target.

Many people lose patience with the current market conditions that have not yet recovered. Therefore, as you said, in the end only people who
understand how the crypto market works can be patient. I've made a number of profits from investing in Bitcoin, so I think it would be foolish
to sell Bitcoin in the current situation. Because I am optimistic that Bitcoin will be able to go up again, so I just need to be patient holding
the Bitcoin I have,  to be able to feel the profit from Bitcoin.
sr. member
Activity: 1974
Merit: 450
July 01, 2021, 12:32:10 AM
It really depends on you. After all, it's your BTC, so it's also your decision whether to sell or hold. The market is very unpredictable these days, so we don't know when exactly will Bitcoin go up or down. It can be bullish or bearish without warning, so it's really important that you should acknowledge and manage your risks.
Yes, that's the most appropriate. at this point, we can say that you need to hold it until the bitcoin price reaches $100k. although we believe it, but we do not know when it will happen. personally, if i had bitcoins, and had no special needs, i would continue to hold them. maybe in the near future, the price could be even higher. however, we have different circumstances. So, adjust to what you need and think.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
June 29, 2021, 03:03:28 PM
Just do not sell it and we're already facing that it's one of the best assets in the entire human kind. From its inception, bitcoin had already given us some great gains through its ATHs, and as well as those times that we have bought it on its dip.
The prices have fallen from the last ATH yet it had left us another good price and many of the holders are still in the profit. If somebody had bought it during the dip which was $29k and then held it for a while, he's already in profit. Just hold it short or long term.

Yes, I agree, selling your cryptocurrency at this time is very wrong. When you take risk on selling it at a low prices then you might regret the high market price soon. The prices have fallen and might some cryptocurrency had help us gain good profit and always left us good prices even this time. Holding it is a right choice for now but its up to you if you sell it, yes you can gain a profit but in a very low prices. I suggest holding it for a long term because it surely give you a great profit that you won't expected. Learn to wait, be updated and always do research.
Just don't sell when you're at loss and if you think that there's more to go for bitcoin, no worries but hold it. Many people are worried about such drops and that's making them lose more profit because they're ticking their emotions and makes them lose a lot from what they've understood from the market. But that understanding is giving them the wrong decisions because they still lack the experience that's needed by them to thrive on bitcoin's market. If you happen to be here for years, you'll understand that such drops are part of the growth that's about to come. HODL it if you're a firm believer of Bitcoin and it won't just end with its last ATH.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
June 28, 2021, 06:31:12 AM
for long term investment purpose holding bitcoin in a must for me . I am just looking bitcoin price every 4years after halving , and it make me more confidence to hold it . Personally i am passed the last bearish trend that happen in 2017 2018, so current trend doesnt make me worry at all.  But remember, accumulating will be good stratety at this moment, buy on low and sell it when rise will make our coins amount increase.

I agree that what happened in 2017/2018 has provided valuable lessons for all of us, that there is no need to worry about the falling Bitcoin price.
Because our patience will be tested, who is able to be patient with the current conditions, then the person will enjoy the results in the future.
So the best decision is that we have to collect Bitcoin from now on, don't sell Bitcoin if it's not for an urgent need.

patience is being test from those who really understand how the cycle works from this industry, the market still down from the last time
high but likewise, it will bounce and bring very decent amount of benefits for those who are willing to wait and patiently wait for their money.

Invest when you have that skills and knowledge with particular asset that you place your money, trust and enjoy the fruit of your hard work

when the market start to move according to your target.
member
Activity: 282
Merit: 11
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
June 28, 2021, 04:57:11 AM
Buy and Sell defended on some matter.
If you think,

Its value will not increase
It will not exist in the future
Prices may fall further
Do not want to keep hold for a long time

then sell your bitcoin.

If you think,

Its value will increase future
Keep hold for long time
Prices may increase further

then don't sell your bitcoin.
Now Its your own matter for thinking.

Just do not sell it and we're already facing that it's one of the best assets in the entire human kind. From its inception, bitcoin had already given us some great gains through its ATHs, and as well as those times that we have bought it on its dip.
The prices have fallen from the last ATH yet it had left us another good price and many of the holders are still in the profit. If somebody had bought it during the dip which was $29k and then held it for a while, he's already in profit. Just hold it short or long term.

Yes, I agree, selling your cryptocurrency at this time is very wrong. When you take risk on selling it at a low prices then you might regret the high market price soon. The prices have fallen and might some cryptocurrency had help us gain good profit and always left us good prices even this time. Holding it is a right choice for now but its up to you if you sell it, yes you can gain a profit but in a very low prices. I suggest holding it for a long term because it surely give you a great profit that you won't expected. Learn to wait, be updated and always do research.
copper member
Activity: 224
Merit: 2
TheStandard
June 28, 2021, 02:38:07 AM
Have you ever thought that when investing to buy BTC, your first thought is to make a profit, right? . I will ask questions for you to ask yourself and you will decide to sell or not to sell.
. What is your purpose of buying BTC?
. Need money for urgent expenses right now?
. Do you intend to invest BTC long term or not?
In this market, if you are not calm enough and have a cool head, you will never be a winner. Please believe and wait patiently, good things will come to you.
As for you want to sell BTC to invest in promising new stocks, I just give your opinion and the rest is up to you to decide. If I were you, I would sell 1/3 BTC or 1/4 something to invest in a small amount, divide assets to invest because if BTC goes to $ 100k at the end of the year, you will really regret it. or if that new stock goes up in price you will regret it again, i think this is my own solution.
full member
Activity: 1736
Merit: 116
June 27, 2021, 07:42:59 PM
for long term investment purpose holding bitcoin in a must for me . I am just looking bitcoin price every 4years after halving , and it make me more confidence to hold it . Personally i am passed the last bearish trend that happen in 2017 2018, so current trend doesnt make me worry at all.  But remember, accumulating will be good stratety at this moment, buy on low and sell it when rise will make our coins amount increase.

I agree that what happened in 2017/2018 has provided valuable lessons for all of us, that there is no need to worry about the falling Bitcoin price.
Because our patience will be tested, who is able to be patient with the current conditions, then the person will enjoy the results in the future.
So the best decision is that we have to collect Bitcoin from now on, don't sell Bitcoin if it's not for an urgent need.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
June 27, 2021, 07:12:14 PM
don't panic and don't worry bitcoin is only undergoing a brief correction. My advice is hold bitcoins and don't sell at low prices, because if you sell at low prices you will only get losses and disappointments


True. This is highly precious Digital asset and worth holding for long and long time. Imagine when all 21 Million Bitcoin would have been mined and no more Bitcoin will be supplied by Miner for sale in the Market , then where its Price will go. Correction is a temporary phase and it will be over soon and massive breakout is expected that can take it to new ATH.




https://www.tradingview.com/chart/BTCUSDT/i1YvAGJq-Bitcoin-BTC-June-28/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_publish
full member
Activity: 899
Merit: 101
June 27, 2021, 06:31:53 PM
for long term investment purpose holding bitcoin in a must for me . I am just looking bitcoin price every 4years after halving , and it make me more confidence to hold it . Personally i am passed the last bearish trend that happen in 2017 2018, so current trend doesnt make me worry at all.  But remember, accumulating will be good stratety at this moment, buy on low and sell it when rise will make our coins amount increase.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
June 27, 2021, 05:08:43 PM
Buy and Sell defended on some matter.
If you think,

Its value will not increase
It will not exist in the future
Prices may fall further
Do not want to keep hold for a long time

then sell your bitcoin.

If you think,

Its value will increase future
Keep hold for long time
Prices may increase further

then don't sell your bitcoin.
Now Its your own matter for thinking.

Just do not sell it and we're already facing that it's one of the best assets in the entire human kind. From its inception, bitcoin had already given us some great gains through its ATHs, and as well as those times that we have bought it on its dip.
The prices have fallen from the last ATH yet it had left us another good price and many of the holders are still in the profit. If somebody had bought it during the dip which was $29k and then held it for a while, he's already in profit. Just hold it short or long term.
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