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Topic: Should I sell or hold on my bitcoin? - page 11. (Read 9093 times)

legendary
Activity: 2030
Merit: 1189
June 27, 2021, 04:08:32 PM
If you have already profited from bitcoin in past, then it depends on your own choice but in my opinion HOLD is GOLD. You should hold it for a long term to gain a lot of profit, you just have to face some crash in nowadays market, but once it is stable, the price will go to the moon.
although it has made a profit in the past but the potential for bitcoin is very good in the future and now I think is the right time to buy bitcoin in large quantities at low prices and hold until normal prices
That sort of spirit and enthusiasm is what most BTC believers have. It seems that holding might be the better approach rather than selling now for little profit. BTC is emerging as a currency as the digital version of gold and this is relatively a new concept that many people start realising, so in wake of this new wave of believers it might be good to HODL for now.
copper member
Activity: 1232
Merit: 687
Eloncoin.org - Mars, here we come!
June 27, 2021, 11:08:39 AM
My recommendation is hold bitcoins and don't sell at low costs since in such a case that you sell at low costs you will just get misfortunes and disillusionment. On the off chance that the cost will be low that time purchases and hold the bitcoin. Then at that point sit tight at the cost increment that time you sell or trade any coins. So check the market cost regular.

I would certainly recommend to hold bease current market situation is very Bearish and more than 55% down from its ATH price. It will definately go Bullish as it happened in the past many many times. Bitcoin always breaks its ATH record after having passed through huge correction process.
hero member
Activity: 1232
Merit: 502
June 21, 2021, 02:31:03 PM
Hi Everyone, I have a dilemma since I am holding an wholesome portion of bitcoin. With all the speculation going on in the market I don't know whether to sell or hold on my bitcoin. I've been wanting for more than a week to see if bitcoin's price improves, but it is only falling more and more.

I've gone through dozens of analysts' blogs, websites, market cap sites, price prediction sites, and all the important bitcoin market sites to find the right answer. But I am still unsure.

So, can anyone please tell me if I should dump my bitcoins with some losses (selling at lesser price than the buying price), or should I hold on to it?

There is also another reason. A promising stock just opened up. So should I sell my bitcoins and but the new stock that I'm interested in?

Viketo Sumi (Armani123)


Look at the price growth the whole year. And how much is your entry prices ? As long as it is below $20k you are good to hodl it untill next halving. I bet this cycle if we are going down or entering bearish market. We will never see below $10k again just like 2016-2017 when we can reach $18k then we enter bearish year as low as $3k not even touch $2k anymore.
newbie
Activity: 2
Merit: 0
June 21, 2021, 12:30:24 PM
My recommendation is hold bitcoins and don't sell at low costs since in such a case that you sell at low costs you will just get misfortunes and disillusionment. On the off chance that the cost will be low that time purchases and hold the bitcoin. Then at that point sit tight at the cost increment that time you sell or trade any coins. So check the market cost regular.
hero member
Activity: 2254
Merit: 658
Revolutionized copy gaming platform
June 21, 2021, 11:15:33 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.
sr. member
Activity: 882
Merit: 253
June 21, 2021, 10:05:22 AM
Its totally depends on you and your ability. If you are able to afford you losses in long time then you can hold it because crypto market never die so today or tomorrow you will get back more that you can't be expected.
There are times that we need to sell when the price goes down but we should nee to realize that if we sell it, we must guess that the price needs to dump more. This is to bring back the money that we lose in recent dump. The action before the dump is very important we must know when the price will go down or up. If our purpose is for long-term investment then selling is not the best option for it. More people engaging and panicking about the price of bitcoin might not come back again. Likely, it will back but I think in situation like this, I don't think it will get back to all-time high, unless a great big news that will shock the world to cryptocurrency will occur and rich people will jump in immediately.
sr. member
Activity: 2002
Merit: 250
June 21, 2021, 09:18:14 AM
Never sell Bitcoin for loss because you will regret later. Bitcoin is good asset for long term investment, Bitcoin is digital gold and the market cap has potential as big as Gold. If you interesting to buy others instrument of assets is better doing diversification investment. Diversification is important to gain profit more consistently because the trend of bullish for each assets in different time. Sell Bitcoin for buy stocks is will not guarantee to recover loss.
That's right, especially considering the current market conditions, it's certainly not the right time to sell.
bitcoin for me is like a long term asset and every year at least its value always increases,
so it's better to hold on to it but again it all depends on each person's decision
full member
Activity: 574
Merit: 102
https://adonx.one
June 21, 2021, 06:57:38 AM
Never sell Bitcoin for loss because you will regret later. Bitcoin is good asset for long term investment, Bitcoin is digital gold and the market cap has potential as big as Gold. If you interesting to buy others instrument of assets is better doing diversification investment. Diversification is important to gain profit more consistently because the trend of bullish for each assets in different time. Sell Bitcoin for buy stocks is will not guarantee to recover loss.
member
Activity: 282
Merit: 11
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
June 21, 2021, 12:37:40 AM
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
Yes, I agree. Bitcoin this time is undergoing it's process to increase their market price and also a brief correction on it. But, if you are already satisfied on your profit or if you already achieved the amount you wanted then, its up to you if you will sell or hold your bitcoin. The market price of bitcoin right now is too low for you to sell it. I suggest that you need to wait and be patient until the market price already increased. If you believe and trust bitcoin, I'm sure you will choose to hold rather than sell it in a lowest market price.
member
Activity: 909
Merit: 17
www.cd3d.app
June 20, 2021, 11:07:06 PM
Hi Everyone, I have a dilemma since I am holding an wholesome portion of bitcoin. With all the speculation going on in the market I don't know whether to sell or hold on my bitcoin. I've been wanting for more than a week to see if bitcoin's price improves, but it is only falling more and more.

I've gone through dozens of analysts' blogs, websites, market cap sites, price prediction sites, and all the important bitcoin market sites to find the right answer. But I am still unsure.

So, can anyone please tell me if I should dump my bitcoins with some losses (selling at lesser price than the buying price), or should I hold on to it?

There is also another reason. A promising stock just opened up. So should I sell my bitcoins and but the new stock that I'm interested in?

Viketo Sumi (Armani123)

It's up to your decision if you are going to sell or hold your bitcoin. The market now is down which is good to buy more and not to sell. Whales are always waiting for weak hands to sell, so if you are going to sell now, whales will buy your bitcoins. If you believe in bitcoin , I'm sure you will choose to hold rather than selling at a red market.
full member
Activity: 1386
Merit: 101
ComboLabs
June 20, 2021, 11:40:09 AM
If you have already profited from bitcoin in past, then it depends on your own choice but in my opinion HOLD is GOLD. You should hold it for a long term to gain a lot of profit, you just have to face some crash in nowadays market, but once it is stable, the price will go to the moon.
Holding on for the long term is not an easy thing I guess,
we really have to have patience but indeed by holding it in the long term it gives profit,
but again it all depends on each person's decision
legendary
Activity: 2338
Merit: 1838
Leading Crypto Sports Betting & Casino Platform
June 20, 2021, 11:12:54 AM
Here is my advice don't sell for lower price at least if you had bought higher price. Although if do you have bought btc in cheap price under $20k then welcome to sell and take your profits now. Actually btc ATH good move everyday so if you can take long time holding then you will receive good profits. Even you should analysis first then we will find a best decision. Otherwise if you would like important our decision then you can't make profits from crypto market.
That mistake of selling at a lower price had been done by too many panic sellers. They have been taken for granted because they rely on their emotion. They've thought that it's not going to last anymore and the favor is not with them. If they don't have to sell, they can hold until they can because that's the only thing that they have to do. You don't sell at loss and if you're at loss and you can see it with the value of bitcoin that you're holding, you only have to hold.

The fact of selling at a lower price is a mistake that is always made due to the panic generated by bad news, seeing that the price of BTC falls and others sell is what the whales are always looking for. This type of strategy has been on Wall Street since the 1800s, and they apply it to BTC.

There is something that everyone should know, $ 60k will not be the last ATH to reach, according to the S2F model it can go up to $ 100k, they even talk a lot up to $ 288k, when? It is not known, but if there is certainty that it will be given, with all this information it is enough to make Hodl to BTC. BTC has had a very good recovery, I think that at any moment it can go back to the $ 50k levels, when touching these values it is almost certain that the bulls will do their best to reach $ 60k, and from there it is likely that it can return to your ATH with the option to overcome it.
sr. member
Activity: 2744
Merit: 343
June 20, 2021, 09:46:41 AM
bitcoin holder should be proud with their investment, there are only 21 million coins  and never printed again. this assets was be very rare when completely minted and no more left.  in next several years bitcoin maybe will be most expensive assets ever, so selling it now to early. if we use this investment with free money ,our mental or psychology should be fine when we see its move with high volatility.
People are investing not because they will be proud of having Bitcoin in their hands, they are here for one reason, and that is to make money from their investment. It is a psychological instinct when it comes to investment and we keep this mindset forever. Those who sell their Bitcoin when seeing the market crash and those who are in a panic. Holders will take risks more than these people and they were able to wait when the market rallies back.
sr. member
Activity: 966
Merit: 359
June 20, 2021, 09:14:31 AM
<...>
I understand your feelings, I can only say, you must keep hold of your Bitcoin. in the last 24 hours the price of BTC has fallen by a few percent, you will lose if you sell now.

hold yourself, maybe in Q4 this year Bitcoin will be bullish again, that's your chance to sell.
full member
Activity: 560
Merit: 104
Eloncoin.org - Mars, here we come!
June 19, 2021, 03:42:05 PM
Its totally depends on you and your ability. If you are able to afford you losses in long time then you can hold it because crypto market never die so today or tomorrow you will get back more that you can't be expected.
hero member
Activity: 1316
Merit: 502
June 19, 2021, 02:34:21 PM
Bitcoin is in strong support now and there is a bounce at $35k, of course you have to buy it,
because I heard whispers that from now on Bitcoin price will go to a new all time high, maybe $70k in Q3 or Q4,
so do accumulation when bitcoin dump, and sell when the price goes up
Too much confiding and whispering into the new age of bitcoin but the drama of this story is similar to the extra time of football, the final score of the match can also be replaced by mysterious factors that we do not realize, the experts can only analyze each round, they predict the possibilities but they also believe that there are many surprises. We are playing the role of a coach and these whispers are just small angles, we need to change the strategy from round to round, unable to listen to an audience's prompts
hero member
Activity: 1694
Merit: 719
Top Crypto Casino
June 19, 2021, 02:20:19 PM
Bitcoin is in strong support now and there is a bounce at $35k, of course you have to buy it,
because I heard whispers that from now on Bitcoin price will go to a new all time high, maybe $70k in Q3 or Q4,
so do accumulation when bitcoin dump, and sell when the price goes up

Finding support is not as important as long-term investing in Bitcoin. However, if an investor wants to take advantage of the market and buy Bitcoin at a lower price, he can wait longer, if he can analyze the market properly, then he can understand the movement of the market. Big investors are now buying bitcoin and increasing their holdings.
Microstrategy they are buying Bitcoin regularly because they are thinking long term. So those who think long term can now buy bitcoin
full member
Activity: 1610
Merit: 102
June 19, 2021, 01:52:25 PM
It totally depends on the amount and timing of the money you have invested. If your investment is for a short period of time, then it would be a good decision to analyze the market situation and sell it at the right time. However, if you have invested huge money in bitcoin, you can withdraw some of your invested money by selling it and leaving the other for holding. Because the popularity of Bitcoin is increasing day by day and its value will increase more in the future. Bitcoin has arrived at the present time through market fluctuations and it is going to be noticed at the present time. So looking at the current Bitcoin market situation, if you think you can sell or hold it, it seems better to hold it.
full member
Activity: 1064
Merit: 100
Combo Network
June 19, 2021, 12:38:27 PM
Bitcoin is in strong support now and there is a bounce at $35k, of course you have to buy it,
because I heard whispers that from now on Bitcoin price will go to a new all time high, maybe $70k in Q3 or Q4,
so do accumulation when bitcoin dump, and sell when the price goes up
member
Activity: 464
Merit: 10
June 19, 2021, 08:12:31 AM
It is always good to have an open mind about the posibilities of bitcoin! Bitcoin is beyond speculative asset as some will bet to disagree. Bitcoin is very valuable and useful for the world where money is not what it is! If I were you, I will hold my bitcoin and increase mywealth. Bitcon is not 'get rich quick'  but a long term asset that become valuable as years passes by.
That's right if we think that by investing in bitcoin it will make us rich quick I think that's a big mistake,
and I don't see anyone get rich quick from bitcoin,
because it takes time too and therefore bitcoin is a long term asset
actually bitcoin could make us rich as long as we enter on correct time. for beginer investors whom already invest their money into bitcoin or altcoin maybe its be their unlucky story. bitcoin price unfortunately drop alot due some reason. but if we enter in 2020 before halving moment , maybe we will be rich now. remeber the bitcoin price history on every halving, it could be our guide to buy bitcoin or altcoin.
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