Should I sell or hold on my bitcoin? - page 4.

livingfree

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Quote from: smartaction on October 22, 2021, 01:32:55 PM

Bitcoin price now up to $60k. You should hold btc coz btc will reach $100k soon. Keep holding hardly. if you have some money for run your daily life. Then don’t think about sell btc.

The question was made before bitcoin reached $60k.

But it's what everyone is speculating about that we might see bitcoin goes $100k very soon. It could be by December or not but that's all predicted earlier.

We're not just sure if that prediction will happen anytime soon.

Anguwa

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Quote from: Armani123 on January 24, 2021, 10:16:26 AM

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)

The result of every patience is always good and yield success. Bitcoin is the most trusted cryptocurrency token of all time, if all altcoins will be pumped and bitcoin dumped, I still have that trust in bitcoin because of its volatility. Holding Bitcoin always yield profit, so do not panic and sell keep holding your bitcoin and you will appreciate it letter.

smartaction

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Bitcoin price now up to $60k. You should hold btc coz btc will reach $100k soon. Keep holding hardly. if you have some money for run your daily life. Then don’t think about sell btc.

Furious 7

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Quote from: onecall123 on October 22, 2021, 09:32:29 AM

Quote from: dustboy on October 22, 2021, 08:34:46 AM

Quote from: sulendra12 on October 21, 2021, 01:55:48 PM

~~

Not selling bitcoin if we do not need money urgently is good decision but we also need to be realistic with the situation. I'd prefer to sell some if the price is increased significantly even though I do not need that money urgently, I call this as taking profit while there is a chance.

Yeah, that's still a good explanation. The average people loses money on trades because they need the money immediately and cannot wait for the price to bounce back above the price at which they bought. I would also prefer to sell if the price goes up 2-3x times. Pull out your initial investment and then play with money you don't own. This is the best strategy!

As long as there is a profit then we should be able to take that opportunity unless you hold it for the long term, so what I am based on is when I have a profit of a few percent and this is enough for me then I will sell it no need to wait for a high time because normally it will be greed and make loss too.
Personal finance as well as investment money, I will always be distinguished and this should not be an urge someday because what is needed of course must be the result of profits, so I manage my finances as best I can so as not to interfere with investing in crypto.

Nhor1011

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It depends on your decision and capability to hold for long term. If you don't need to spend your bitcoin then you can hold it. But now bitcoin reached its ATH which is good to sell if you are already in profit. There is no need to become greedy because we don't know what will happen in bitcoins value tomorrow or in some other days.

onecall123

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Quote from: dustboy on October 22, 2021, 08:34:46 AM

Quote from: sulendra12 on October 21, 2021, 01:55:48 PM

I know the thread was made in January, 2021 and the price was lower than today. Just compare the price between January to October is almost 100% increase which is really insane. So, if you are still struggling to choose between hold or sell then the answer is already there. You shouldn't sell your Bitcoin if you don't need that money urgently, let that Bitcoins sit there and keep adding up the Bitcoin because the potential still exists.

Not selling bitcoin if we do not need money urgently is good decision but we also need to be realistic with the situation. I'd prefer to sell some if the price is increased significantly even though I do not need that money urgently, I call this as taking profit while there is a chance.

Yeah, that's still a good explanation. The average people loses money on trades because they need the money immediately and cannot wait for the price to bounce back above the price at which they bought. I would also prefer to sell if the price goes up 2-3x times. Pull out your initial investment and then play with money you don't own. This is the best strategy!

dustboy

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Quote from: sulendra12 on October 21, 2021, 01:55:48 PM

I know the thread was made in January, 2021 and the price was lower than today. Just compare the price between January to October is almost 100% increase which is really insane. So, if you are still struggling to choose between hold or sell then the answer is already there. You shouldn't sell your Bitcoin if you don't need that money urgently, let that Bitcoins sit there and keep adding up the Bitcoin because the potential still exists.

Not selling bitcoin if we do not need money urgently is good decision but we also need to be realistic with the situation. I'd prefer to sell some if the price is increased significantly even though I do not need that money urgently, I call this as taking profit while there is a chance.

sulendra12

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I know the thread was made in January, 2021 and the price was lower than today. Just compare the price between January to October is almost 100% increase which is really insane. So, if you are still struggling to choose between hold or sell then the answer is already there. You shouldn't sell your Bitcoin if you don't need that money urgently, let that Bitcoins sit there and keep adding up the Bitcoin because the potential still exists.

Rehan Zakir

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Quote from: Kocret02 on January 24, 2021, 11:04:28 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

You are giving a very good advise. Hold bitcoin for next 10 years then see the results. If we see the history of bitcoin, before 10 years bitcoin price is in few cents but now 1 bitcoin price is near to 65000$. So, if you are a very early holder then you have earned huge money from bitcoin. So, hold bitcoin for the next 10 years. Analyst says that bitcoin price will cross 200,000$ in the next few years. So, hold it brother.

rodskee

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Quote from: Armani123 on January 24, 2021, 10:16:26 AM

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)

Now this thread is again alive because the price made a best movement making another ATH.

if you had Held your coins up to now?

https://coinmarketcap.com/currencies/bitcoin/

Then you should be celebrating a more than 130% income lol.

from more than 20k now at 66k , Imagine hoe huge profit that is for just 10 months?

Sayeds56

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Quote from: Armani123 on January 24, 2021, 10:16:26 AM

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)

Please hold your Bitcoin, it is digital gold , hedge against inflation , its price can go up beyond your thinking and don't feel sad when Bitcoin price goes down. history has shown again and again that Bitcoin Price always goes up more after every decline in price. Correction in trading is a part of the game, it always happens when market is overbought and same thing happens when Market is oversold.

ReiMomo

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BTC will reach more this year crossing current ATH occured today. I am planning to invest as much as I can in the coming months. Like saving, will invest 50$ to$60 either every week into either on Bitcoin or any other crypto currencies.

Or sell them off if you have bought the coin very cheap and you feel the current growth is sufficient enough in taking your profits.

Cornia

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Bitcoin broke its previous ATH today. I think it will pump more and I think next stop is $1M. So we should hold bitcoin. Let's wait to see the new ATH record of bitcoin.

Patigi

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It all depend on you but for me I will hold because I just bought my some months ago and I have not make profit to my satisfaction that is reason why I want to hold til Bitcoin reach $80k because I have much believe that it will pump more.
If you are financially okay for now I will advise you to keep patient and hold for short period of time again, but if you have make some profit and you have satisfy will it you can sell but this is right time to hold.

livingfree

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Quote from: bitgov on October 18, 2021, 07:50:15 PM

Quote from: livingfree on October 18, 2021, 07:38:16 PM

Quote from: Nazmul012 on October 18, 2021, 04:51:04 PM

Still have fund? If you aren’t at hurry, then let your assest leave for some more months for make itself bigger cause bitcoin industry is looking great for take position $62.5, even its possible to hit another ath milestone but you need to be careful also. Cause some people are also thinking that, this is bull trap before dump the bitcoin industry. So dont be wonder if you see such kind of dump is happening. So focus on those news too untill you hold you assets.

It should be selling your altcoins for bitcoin.

As long as you're too optimistic for bitcoin then there's no reason to sell it just to have the other altcoins. But if you're selling because you need it and there's an important cause.

It's a thing that's no need to be questioned.

I think there is still a chance for big gains for altcoins. Of course, I am in favor of buying Bitcoin, but I am also in favor of diversification. Despite the fact that I have great confidence in Bitcoin, it is much safer to invest in several places.

There is.

I'm not saying that there's no more chance to earn with altcoins. But in this case, it's better to have bitcoins than altcoins.

That has been proven and very effective at all because you're having the confidence that every bitcoin holder has.

bitgov

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Quote from: livingfree on October 18, 2021, 07:38:16 PM

Quote from: Nazmul012 on October 18, 2021, 04:51:04 PM

Still have fund? If you aren’t at hurry, then let your assest leave for some more months for make itself bigger cause bitcoin industry is looking great for take position $62.5, even its possible to hit another ath milestone but you need to be careful also. Cause some people are also thinking that, this is bull trap before dump the bitcoin industry. So dont be wonder if you see such kind of dump is happening. So focus on those news too untill you hold you assets.

It should be selling your altcoins for bitcoin.

As long as you're too optimistic for bitcoin then there's no reason to sell it just to have the other altcoins. But if you're selling because you need it and there's an important cause.

It's a thing that's no need to be questioned.

I think there is still a chance for big gains for altcoins. Of course, I am in favor of buying Bitcoin, but I am also in favor of diversification. Despite the fact that I have great confidence in Bitcoin, it is much safer to invest in several places.

livingfree

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Quote from: Nazmul012 on October 18, 2021, 04:51:04 PM

Still have fund? If you aren’t at hurry, then let your assest leave for some more months for make itself bigger cause bitcoin industry is looking great for take position $62.5, even its possible to hit another ath milestone but you need to be careful also. Cause some people are also thinking that, this is bull trap before dump the bitcoin industry. So dont be wonder if you see such kind of dump is happening. So focus on those news too untill you hold you assets.

It should be selling your altcoins for bitcoin.

As long as you're too optimistic for bitcoin then there's no reason to sell it just to have the other altcoins. But if you're selling because you need it and there's an important cause.

It's a thing that's no need to be questioned.

Fredomago

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Quote from: Nazmul012 on October 18, 2021, 04:51:04 PM

Still have fund? If you aren’t at hurry, then let your assest leave for some more months for make itself bigger cause bitcoin industry is looking great for take position $62.5, even its possible to hit another ath milestone but you need to be careful also. Cause some people are also thinking that, this is bull trap before dump the bitcoin industry. So dont be wonder if you see such kind of dump is happening. So focus on those news too untill you hold you assets.

Make sure not to let emotion leading you while working inside this market, if you still have spare money allowing the market to cycle gives you a chance to maximize your profits, make sure that while considering the potential there's also chances that early sideways will take place, use money that you are willing to let go, it will allow you to hold much longer.

If you are not willing to take the risk, it's better to sell when you have profits. Taking a small amount of earning is still better than losing your money while you are in this business.

Mahanton

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Quote from: Sweetbtc on September 17, 2021, 02:22:19 PM

Hold bitcoin,it will not go down. The reason why Bitcoin won’t go down is that Institutional investors with Billions of dollars are waiting for the dip. So whenever it dips, they start buying and take the price up again, only good part this time is that They are in this game for long term.

We cant really deny about this manner that institutional investors are really already on this market for a while but still on observation mode and doesnt put up funds in full swing.We cant really able to tell because
everything do happen behind the curtains but what tells us or shows us is on the volume involved which we can really make out some presumption.
Sell or hold your coin? Its up on someones personal choice because we dont know if they do need money on point or just totally some hunch on selling out but if you are a hodler
then its up to you.

Nazmul012

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Still have fund? If you aren’t at hurry, then let your assest leave for some more months for make itself bigger cause bitcoin industry is looking great for take position $62.5, even its possible to hit another ath milestone but you need to be careful also. Cause some people are also thinking that, this is bull trap before dump the bitcoin industry. So dont be wonder if you see such kind of dump is happening. So focus on those news too untill you hold you assets.

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