Should I sell or hold on my bitcoin? - page 13.

Mauser

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Quote from: Rana590 on March 10, 2021, 03:17:15 AM

It's time to strong hold. Why we are selling Bitcoin as it is a valuable asset? It will hit 2x-3x price from the current price and for a great pump, we should wait for this situation. Don't sell at this time and if possible buy some more bitcoins for more profile.

I agree, better not to sell right now. Over the last several months the price dropped a few times 10-15% but always recovered. Right now BTC is close to 55,000 USD again. For me it is also a strong hold. I would rather sell some alt coins instead of BTC, probably also because I have so little. If I had 10+ BTCs I would maybe sell 10% or so, but not right now.

Rana590

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It's time to strong hold. Why we are selling Bitcoin as it is a valuable asset? It will hit 2x-3x price from the current price and for a great pump, we should wait for this situation. Don't sell at this time and if possible buy some more bitcoins for more profile.

Questat

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This topic is very similar to this forum because they have a lot of people who are undecided of what they do to their bitcoib that they keep. But for the longterm it will be good and you will gain more profit to this coin after few many years of holding the bitcoin.
Selling bitcoin is up to you because what ever you decided to your bitcoin you get benefits from this or you lost profit.

Yeah, I'd sometimes ask myself if I hold or not. We are now reaching $40k, really tempting but what if by tomorrow it reaches $60k.

Now I realize that if we are watching the market trend every day, every hour, or every minute the more it drags us to sell. This why many investors were not able to hold but tempted to sell because they always do the price checking. I suggest that, if we are decided to hold for 5 years, then we have to check it 5 years from now then.

LUCKMCFLY

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Quote from: Shohanur on March 09, 2021, 10:58:12 AM

If I give my personal opinion, I will suggest you to sell your bitcoin now and buy some potential coin with lower price. After some days when price drops, then you will be able to buy bitcoin again.

The risky thing about this movement is that bitcoin can rise to a new ATH, if that happens the Altcoins fall in price because they will not want to miss the movement of Bitcoin, today it reached $ 54k, it is very possible that it will continue to rise in price, you see You have to wait a bit to be able to have benefits, institutional investment is becoming present, there are also new investors who are putting their money in Bitcoin, I would really trust Elon Musk, Microestrategy that despite their shares are falling, they have bought Bitcoin and they continue to buy, if they do it is because they have a high belief index that it will continue to rise and a lot.

blockman

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Quote from: cabron on March 08, 2021, 12:11:53 AM

While some people are quitting smoking just so they could use the funds to buy BTC you on the other hand are about to sell?

The situation of everyone varies. Some do that to get some bitcoin and when he has enough cash value with the bitcoins he's holding, he will eventually going to sell it too just as op and the others asking whether to sell it today or soon.

Quote from: cabron on March 08, 2021, 12:11:53 AM

Many of the early investors already regret selling it cheap and now they are trying to invest again for a price they thought wouldn't even be possible. Its 50k for now but it won't be long we'd be breaking another ATH.

I'm one of those investors that have sold it cheaply, I do somehow regret it but only for those sales that I've made with no purpose. But if it has a purpose, that's a good sale.

Shohanur

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If I give my personal opinion, I will suggest you to sell your bitcoin now and buy some potential coin with lower price. After some days when price drops, then you will be able to buy bitcoin again.

sayaya17

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If I read your review, when you wrote this thread on January the 24th you were still in a losing position, I don't know what price you bought bitcoin for.
But if you haven't made a profit, no one advises you to sell your bitcoins, because you haven't made a profit yet. If you stick to it, and haven't sold
your bitcoin, now you've made a lot of profit. And I'm sure bitcoin will continue to rise.

Vaskiy

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Quote from: cabron on March 08, 2021, 12:11:53 AM

While some people are quitting smoking just so they could use the funds to buy BTC you on the other hand are about to sell?

Hold your BTC tight it could be your most prized possession right after the pandemic. Many of the early investors already regret selling it cheap and now they are trying to invest again for a price they thought wouldn't even be possible. Its 50k for now but it won't be long we'd be breaking another ATH.

Well said, bitcoin is on the bullish trend. Right now it is good to hold the bitcoin than selling. As said it is good to spend on bitcoin avoiding the unwanted expenses. Surely the market is gonna reach $100k and high with time. More and more ATH are to be reached in the upcoming months. So, holding is the better choice than selling it.

bakasabo

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Hope that Armani123 at least reads posts in topics that he created. Otherwise what is the point of creating them, asking for an advice and makes a statement, get hundreds of comments and leave everything.

So Armani123 hesitates, hold bitcoin or not. He hasnt mentioned how long he has been holding it already and at what price he bought his bitcoins. If he is holding for few months, than I would suggest keep on doing it. If he has been holding for few years and now fear of fomo - sell part and it will calm you down.

Alexmagn84

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My recommendation is hold bitcoins and don't sell at low costs, since, supposing that you sell at low costs you will just get misfortunes and dissatisfactions. In the event that the cost will be low that time purchases and hold the bitcoin. At that point hang tight at the cost increment that time you sell or trade any coins. So check the market cost ordinary.

XCANA

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Yes, the market is looking good for anyone trader that wish to sell bitcoin right now because the price of bitcoin will dump soon. This season we are is not for holding bitcoin than to release to market for sale so that the person will be part of this profit that is going round the market.
Many traders are still doubting the season we are, if to sell or hold for future in case the price of bitcoin change in the market. According to some researcher who really view the market very well came to discovered that the price of bitcoin will dump to $20k before the end of this week. This is the right time for real trader to smile with their trade in the market so that they will not experience negative result from their trade.

cabron

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While some people are quitting smoking just so they could use the funds to buy BTC you on the other hand are about to sell?

Hold your BTC tight it could be your most prized possession right after the pandemic. Many of the early investors already regret selling it cheap and now they are trying to invest again for a price they thought wouldn't even be possible. Its 50k for now but it won't be long we'd be breaking another ATH.

Fredomago

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Quote from: LUCKMCFLY on March 07, 2021, 10:49:02 PM

Quote from: Negotiation on March 07, 2021, 03:18:52 AM

Bitcoin's price will rise further so it is better to hold on than sell those who held on earlier have made a lot of profit but the market imposition will go upwards the demand for bitcoin investments is increasing. Therefore thinking about the future holding on will lead to further development we have to move forward believing how much will go next.

Wise words, when we think about last bitcoin ATH and the current price, and seeing some revealing news that many institutional investors are interested in continuing to buy Bitcoin, apart from talking about a price wall that is above $ 50k, this is Notorious, however, you must be cautious in the movements, if you sell Bitcoin and then it reaches a new ATH you will have missed a historical event and the opportunity.

Fast forward, same deal if te value experienced heavy correction and you are still holding your assets, you'll be stuck and you need
more patience waiting again for the bounce.

Bad thing to happen, once you'll see your asset's value is falling and fear inside you win the very chance that you'll follow those fuds
and eventually you'll find yourself losing opportunities and much worse losing part of your first investment instead of making something decent.

Planning and sticking with your goals remove regrets while journeying to this business.

LUCKMCFLY

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Quote from: Negotiation on March 07, 2021, 03:18:52 AM

Bitcoin's price will rise further so it is better to hold on than sell those who held on earlier have made a lot of profit but the market imposition will go upwards the demand for bitcoin investments is increasing. Therefore thinking about the future holding on will lead to further development we have to move forward believing how much will go next.

Wise words, when we think about last bitcoin ATH and the current price, and seeing some revealing news that many institutional investors are interested in continuing to buy Bitcoin, apart from talking about a price wall that is above $ 50k, this is Notorious, however, you must be cautious in the movements, if you sell Bitcoin and then it reaches a new ATH you will have missed a historical event and the opportunity.

blockman

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Quote from: Ibrahim60 on March 07, 2021, 02:15:14 PM

If you badly need money or something like that then you can sell bitcoin. But in my thinking Bitcoin price will increase more.

It will increase more, more than the ATH that we saw $58k. But you said it correctly that if you're in need and in a bad situation, you have to take care of yourself by selling it. But if you have other options instead of selling bitcoin, choose to sell your alts.

Quote from: Ibrahim60 on March 07, 2021, 02:15:14 PM

Because this price is now volatile. In my opinion Bitcoin price will hit $60k in then middle of this year. So don't be paniced and wait some more days for making a good profit.

Bitcoin was been volatile since it has started.

TimeTeller

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Your concern is very simple, if your having a problems about your Bitcoin holdings even it is a little bit doubt, I think better for you to sell it.
Because holding Bitcoin in the long term is the one who is willing to wait for more than 6 months or years. And Bitcoin no doubt is really good for the long term hold.

Wonder if the OP already sold his bitcoin or not?
Because you can easily ask that question here, but at the end of the day, it is you, who can finally decide what to do with your bitcoins.
What are your goals for this bitcoin investment, is this for short-term or long-term?
If you want to sell, better sell it higher than your buying price, so you are not in the negative side of profit.
Bitcoin is a solid one as compared to thousands of alts. But it is all on you, how you will strategize to optimize your profits.

Ziskinberg

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If you are satisfied enough with your profit, why not? Have you ever think that Bitcoin will reach $60k or $100k? If yes, then hold.

It matters on you and what you like you do with your capital because I sell it already and I have to buy again as the dumps (even short dumps) have come.

Sometimes we've been fooled by too much confidence that Bitcoin will go higher just like what we do last 2017. Not, we have the best opportunity, better not to lose the chance again.

Ibrahim60

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If you badly need money or something like that then you can sell bitcoin. But in my thinking Bitcoin price will increase more. Because this price is now volatile. In my opinion Bitcoin price will hit $60k in then middle of this year. So don't be paniced and wait some more days for making a good profit.

fahmimajannat

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Its better to sell.
Because bear market is going to hit. So i think its better to exchange all of Your tokens in usdt.
And invest wisely. Try to analyze the market so that you can take decision whether you should hold or not. But from my opinion you should sell.

Negotiation

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Bitcoin's price will rise further so it is better to hold on than sell those who held on earlier have made a lot of profit but the market imposition will go upwards the demand for bitcoin investments is increasing. Therefore thinking about the future holding on will lead to further development we have to move forward believing how much will go next.

Topic: Should I sell or hold on my bitcoin? - page 13. (Read 9093 times)