Topic: Should I sell or hold on my bitcoin? - page 16. (Read 9093 times)
Why sell now? If you look at the current market situation there is a huge potential that price will reach more than $50k. The adoption is growing and there is a large institution also supported and invest in bitcoin. If you are not in a rush holding bitcoin is a wise decision. But, still, a reminder that in this market price is volatile so you also have to remember the risks.
Looking at the current market situations and involvement of institutes and companies I think it is better to hold to your BTC for now as there are speculation about BTC breaking $50k barrier in coming weeks. So if you don't need money for an emergency situation (God forbid) then do not sell your BTC.
Will bitcoin raise above $50,000 looking with current market situations and many positive news every day with adopted bitcoin as legal currency transaction payment in company. Now holder bitcoin are coming not only from investor as individual but also many bigger company wanna make celebrate happy with bitcoin as good investment assets for the future,Those who will sell bitcoin now, will feel themselves very unlucky when bitcoin will reach 70-80K and more. If anyone did not have any need to cash out urgently, he should not think of selling his coins.
What's the point of selling bitcoin when big companies like Tesla are buying bitcoins.
Looking at the current market situations and involvement of institutes and companies I think it is better to hold to your BTC for now as there are speculation about BTC breaking $50k barrier in coming weeks. So if you don't need money for an emergency situation (God forbid) then do not sell your BTC.
Will bitcoin raise above $50,000 looking with current market situations and many positive news every day with adopted bitcoin as legal currency transaction payment in company. Now holder bitcoin are coming not only from investor as individual but also many bigger company wanna make celebrate happy with bitcoin as good investment assets for the future,
If you did hodl your Bitcoin since the time you posted this thread of yours, for sure you've earned a lot of profits by now because Bitcoin skyrocketed again after Tesla bought Bitcoin worth of $1.5 billion of it. Bitcoin is the king of all coins when it comes to holding because of its huge volatility compare to other coins in the market. The only problem with other people who invested in Bitcoin and hold it is that they don't have patient and trust to Bitcoin.
In short, once the market enter the bear market after a huge pump creating a huge FOMO, people will start to panic because they will start to think that it is a scam already and they will start to lose their profits resulting to a sudden selling of their Bitcoin, which is technically a lose of profit already.
In short, once the market enter the bear market after a huge pump creating a huge FOMO, people will start to panic because they will start to think that it is a scam already and they will start to lose their profits resulting to a sudden selling of their Bitcoin, which is technically a lose of profit already.
Looking at the current market situations and involvement of institutes and companies I think it is better to hold on to your BTC for now as there are speculation about BTC breaking $50k barrier in coming weeks. So if you don't need money for an emergency situation (God forbid) then do not sell your BTC.
Unless you need the money now, I think nobody should sell the Bitcoin, particularly this year when the exposure is at its highest
You will get more into dilemma as people keep on adding their own comments or thoughts about it. The thing is everyone will have their own opinion. For example I am completely positive about Bitcoin future and since the first day it has shown upward momentum with little drops in between. So I have actually decided to keep on depositing more and more bitcoin so that I can have highest possible returns from it. This may not be your strength and you may fear of missing out the higher values and sell. I think you should go as per your needs and visions regarding finances plus bitcoin.
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)
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)
As far as I can see, BTC has already shown excellent growth, and probably if you bought BTC earlier, then if you sell it now, you will get an excellent profit. However, you point out that if you sell it now, then you will be at a loss, it turns out that you bought it quite recently? If so, then you definitely need to keep your BTC and by the summer you will see how it will show a new height. My opinion is that if you buy BTC, you should immediately decide at what price you will sell it. This will help you create a goal for yourself and move towards it.
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You won't find answers to everyone you sourced out because it is entirely up to the trader if the profit is at the "okay" rate now.You're the one who gets to decide.
Needing money right now? I am sure that you're not gonna let BTC in your wallet right now and consider selling.
If you need it, don't hold it.
That's why people tend to hammer out the idea that you should invest the one worth losing.
To date, bitcoin is confidently on its feet and shows good growth dynamics, for me, earlier forecasts for bitcoin of $ 100 thousand were not real, now that bitcoin is worth $ 45 thousand today, now I do not think so, I would hold bitcoin, it will still pleasantly surprise us.
The price of bitcoin is steadily rising at the moment. I think for those who have bought bitcoin, it is necessary to hold bitcoins because if you hold bitcoins, I can expect bitcoin to go above 50,000 $. Then it may be more profitable for you so I think it would be very good for us to hold bitcoin
$50k seems easy to be reached within a few days or a week or so. That target will easily be met very soon. Holders will always win for bitcoin but I'm not sure for most altcoins. And there are holders who are thinking of selling their bitcoin for altcoins because they see that it's more pumping lately. But with that decision, it will determine their confidence because in bitcoin, you don't have to put that much pressure and effort by easily holding it. 
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
bitcoin has made another renewable ATH yesterday and corrections made so far are common. I really appreciate what you say that don't panic quickly to see the situation and movement of bitcoin. because bitcoin has often done that from last year even today. so it has become the work of bitcoin now it continues to move up and down.true, don't sell when the bitcoin price drops because it will bring losses, it's better to hold on to it because bicoin will increase again. so it needs a strong belief in dealing with situations like today with bitcoin behavior.
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)
After the investment in bitcoin by Elon Musk of $ 1.5 billion, bitcoin rose in price to $ 46,000, this is the only indicator that the increase is not artificial, you can at least consolidate your income on this hype and wait for its further growth.
That's right since by now we are at the peak so anytime the dump will trigger if this big whales like elon will start to dump up and want to accumulate more bitoins at lower rate. That's why if we cannot take the risk and doesn't know how to counter when there's a correction happen is to make sure to always secure the possible profit if we can sight some good changes in our positions.
I feel by this time you will know what you would lose if you sell BTC in the short term. I give the same suggestion to anyone who's asking me this question.
Do you have a need for money or you just wanna sell BTC and hold cash..? If you are just going to hold the currency then better keep it in Bitcoin. The price will go up eventually regardless of what the price is right now.. So make a strong decision and just go with it.
Do you have a need for money or you just wanna sell BTC and hold cash..? If you are just going to hold the currency then better keep it in Bitcoin. The price will go up eventually regardless of what the price is right now.. So make a strong decision and just go with it.
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)
After the investment in bitcoin by Elon Musk of $ 1.5 billion, bitcoin rose in price to $ 46,000, this is the only indicator that the increase is not artificial, you can at least consolidate your income on this hype and wait for its further growth.
Bitcoin price is any time to up and down. So wait for the bitcoin price then sell the bitcoin. If the price will be low that time buys and hold the bitcoin. Then wait for the price increase that time you sell or exchange any coins. So check the market price evevrydays. Then you get some ideas. Don't sell the bitoin wait and hold the long time.
If the price of Bitcoin in the market continues to increase. Do I have to sell it at that time or even wait until the limit of the price increase? because if we look at Bitcoin is now experiencing an increase in price. But there is one thing that worries me. I was holding back from selling it, then the price of Bitcoin suddenly fell from the price that is currently rising.
The price of bitcoin is steadily rising at the moment. I think for those who have bought bitcoin, it is necessary to hold bitcoins because if you hold bitcoins, I can expect bitcoin to go above 50,000 $. Then it may be more profitable for you so I think it would be very good for us to hold bitcoin
if you see a good opportunity right now why should you sell bitcoin? I think hold is easier and better for now than you dump your assets at low prices. potential bitcoins could be as high as $ 50k. Do you want to miss the best of that? think about it
The problem is with the mentality of the traders themselves, they begin to trade or to invest and they never even consider the possibility of making a bad move and losing money, which is surprising because that is very common so when they find themselves in that situation they do not know what to do and begin to have all kind of doubts about their own performance, this shows that they were not prepared to face any kind of adversity in this market and as such they should not trade at all.
Selling off would really be depending on what are your goals or targets because if you do go for long term then theres no point for you to sell on these prices
but hey basing off on the price then its not really a bad idea to do so since you can always buyback if you wanted to if the price had made out some consolidation state or in correction.
with that you can make out profits without needing for you to wait up for years before releasing your bags.If you do see this as a good situation or advantageous for you then
its not bad to alter out some long term hold decisions.
but hey basing off on the price then its not really a bad idea to do so since you can always buyback if you wanted to if the price had made out some consolidation state or in correction.
with that you can make out profits without needing for you to wait up for years before releasing your bags.If you do see this as a good situation or advantageous for you then
its not bad to alter out some long term hold decisions.
if you see a good opportunity right now why should you sell bitcoin? I think hold is easier and better for now than you dump your assets at low prices. potential bitcoins could be as high as $ 50k. Do you want to miss the best of that? think about it
Sometimes it is the opposite of what we think. Because the market moves at its own pace. Any trader who opens his position decides when he will sell his position. And the state of the market now, I think it is better to hold more without selling now. However, if he thinks that he has already made enough profit then he can sell his bitcoin and secure the profit.
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