Should I sell or hold on my bitcoin? - page 6.

jossiel

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Quote from: Mamun74 on September 05, 2021, 01:40:19 PM

If you don’t need money right now then you can hold your buying bitcoin. Nowadays bitcoin price increase day by day.Now bitcoin price around $50k+, 1th month ago it was under $40k+.I Think this year bitcoin price break the all record,. And i Think bitcoin price will be reached $70k+ this year.I hope you can get more profit from bitcoin holding.

Bitcoin just came $51,600.

And that's why if you don't need money, just hold it. There will be times that you have to sell for your needs and that's why you only do it if there is a need for you to do so.

Speculations are even telling of $100k eoy.

otundebis

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Quote from: Stunzz on September 03, 2021, 06:11:25 PM

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)

I know you probably must have gotten your answers by now. You dumping bitcoin and buying that stock simply means you're planning on a long term investment, why not just stick with your Bitcoin and hodl till your dreams get filled up. However, you can whatever stock you seem interested in but don't try dumping bitcoin for any!

On the contrary to what mindset of newbies in Cryptocurrency market, thinking bitcoin is a get rich quick asset, I can tell you that bitcoin is a long term investment as well! I have held bitcoin for more than eight years and my stock market background had helped me to hold! Therefore, to maximize the opportunity bitcoin provides, you must see bitcoin in the prixm of long term holding!

Mamun74

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If you don’t need money right now then you can hold your buying bitcoin. Nowadays bitcoin price increase day by day.Now bitcoin price around $50k+, 1th month ago it was under $40k+.I Think this year bitcoin price break the all record,. And i Think bitcoin price will be reached $70k+ this year.I hope you can get more profit from bitcoin holding.

Stunzz

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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)

I know you probably must have gotten your answers by now. You dumping bitcoin and buying that stock simply means you're planning on a long term investment, why not just stick with your Bitcoin and hodl till your dreams get filled up. However, you can whatever stock you seem interested in but don't try dumping bitcoin for any!

Jazzi Mahesh

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It all depends how much bitcoin you have. If you are having more Bitcoins to invest you could keep it and sell it later.

bamb

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There are many voices in the Cryptocurrency community and listening to them will be confusing! Bitcoin is regarded as the safe Cryptocurrency compare to other coin. You must believe in bitcoin and it's ability to change the world finance now and in the future! Bitcoin is dynamic and you can see the price have increased already!

batang_bitcoin

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Quote from: Ridi on August 25, 2021, 03:19:45 AM

Hold your bitcoin for longer it's make possibility to increase the value of Price.

It is the reason why many of us are holding, the future price of it will increase and that's more likely than to invest in altcoins that you think will increase and make you recover your losses.

Quote from: Ridi on August 25, 2021, 03:19:45 AM

Selling bitcoin is not the good idea. Dont panic be patience if any doubts asked experience people.

It is a good idea if you're at the right time but if you are not then you are doing it wrong. The reason why many bitcoin holders are raking in profits because they're patient.

matchi2011

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Quote from: Ridi on August 25, 2021, 03:19:45 AM

Hold your bitcoin for longer it's make possibility to increase the value of Price. Selling bitcoin is not the good idea. Dont panic be patience if any doubts asked experience people.

Go deeper and add up your knowledge in terms of this investment. There are always possibilities that the value will bounce back.
Panicking is not a good solution, it just leads you to lose your investment and your opportunities to earn.

Quote from: arbifahrozy on August 31, 2021, 01:59:54 PM

Always trade with a goal. If you have a target (comfortable retirement, assets, etc.) pull profits when your needs are met. If you don’t have a particular goal maybe don’t pull yet. Its easy.

Always have your goal set . Stay with it and calm yourself while waiting, there's no good outcome to those who
are panicking a lot, if you feel fear inside you just go back to the basic, you are inside this business because you are investing
for your benefits, selling when you are still at loss is not a good practice try to be more patience.

arbifahrozy

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Always trade with a goal. If you have a target (comfortable retirement, assets, etc.) pull profits when your needs are met. If you don’t have a particular goal maybe don’t pull yet. Its easy.

Ridi

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Hold your bitcoin for longer it's make possibility to increase the value of Price. Selling bitcoin is not the good idea. Dont panic be patience if any doubts asked experience people.

BitTraderCute

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Quote from: Sweetbtc on August 12, 2021, 08:10:21 AM

Yes you should hold until 2023 for longterm.there is possibility as there is a similar fractal showing that. For short term it could do a small correction and blast through 64k as well...

for long term purpose bitcoin could hold till next halving cycle, maybe at that moment bitcoin price could hit more $200k as many predicted by expert. halving events really give huge impact to market and if we could use it in our trading style to generate profits.

Quote from: juliepower on August 11, 2021, 02:27:28 PM

I think you should hold it because it goes and up its better for you . In the short term it is very volatile and you could easily lose most of the money you put into it. So dont panic and be patience. If you keep longer than a year then you pay less tax when you sell it.

look at the big picture of bitcoin future and we will see how wonderfull its value for long term. to maximize our return in crypto market , maybe long term could be our choice.

Sweetbtc

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Yes you should hold until 2023 for longterm.there is possibility as there is a similar fractal showing that. For short term it could do a small correction and blast through 64k as well...

Desmong

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Quote from: mlawson71 on July 16, 2021, 11:18:58 AM

I think if one is going to sell it's prudent to do so when the price is at a peak, not like it is now - at a bottom.

Bitcoin is at $40k+ and we still expect more significant move that will pick the price about $50k+ as time goes on. Although bthe market is not certain now that things are going somehow in the direction we never expected price to pull in. You can choose to sell your bitcoin to purchase other coins that can give quite a lots of profits within a range of time. The market is really showing a positive sign that indicate holding your coins for a while cause is like the bullish trend is about to start.

juliepower

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I think you should hold it because it goes and up its better for you . In the short term it is very volatile and you could easily lose most of the money you put into it. So dont panic and be patience. If you keep longer than a year then you pay less tax when you sell it.

Anamika1000

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I think you should hold it because from the present conditions it can be seen that bitcoin will regain its position. And as well as it the best ever coin we are seeing from the first time. Then due to these conclusions, you should hold it for a long time. I hope it will give you much profit in the future.

leea-1334

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Quote from: ReiMomo on August 09, 2021, 02:49:36 PM

Hold hem off man. Bitcoin is seriously growing up. Decide if you wish to go for long term or short term hold. Thats up to you. But keep watching the market's growth and its moment. Hold and sell them at the right moment. This will really help you to get revenue at the right time. Unless and until you are committed to something from the return, pl don go for it, Have patience. Its the key to success.

I have to agree right here. Bitcoin is now just pulling away from all the FUD. China news should have totally broken it but now at $45k and growing, BTC seems to be on a mission to make up all the lost ground in May to July.

I normally do not say hodl for no reason but this is at least a new ATH move.

Victorycoin

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Hold BTC if you don't need too much money this is a good opportunity for the holders BTC prices are rising despite falling below 40K last week, BTC has again crossed $ 42k right now, there is a better chance of holding than selling BTC because the market is recovering and the number of holders in the crypto market is increasing with the price increase. Hold on as long as you can without selling.

DarkDays

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Quote from: boyptc on August 07, 2021, 07:27:06 PM

Quote from: Tervelatuk on August 06, 2021, 06:33:46 PM

Quote from: boyptc on August 06, 2021, 05:21:14 PM

Hold until you can.

That's what those people that are experiencing doubts with bitcoin lately. Just as what you seeing right now, bitcoin reached $42k.

But it might dip again although it had already dipped on $40k yet, price that it shows lately has been so good and favorable to holders.

hold for long term was good option for bitcoin holder,wait till next halving cycle and we will see how much its price later.

Yes.

That's a choice for most to hold until the next halving. You don't have to sell if you don't have anything to spend with it.

But if you have to sell, the price today is also good but as said, hold until you can.

Agreed, if there's no immediate need to sell then hold your BTC like you do to your dear life. Many are expecting great returns from BTC, and with institutions taking a like to crypto I think the potential for future return from crypto is looking green

carrigan

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don't sell coins if you feel you are losing, it's better to hold it for a while until the coin stabilizes and even goes up. even if the increase is not much and you feel that you have made a little profit, there is nothing wrong with selling the coin instead of having to sell it at a low price below your purchase price. monitor developments as often as possible so that you don't fall behind on market trends. so be more careful and patient because that is the main key when you trade.

Handpari

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If you sell now you'll miss any more gains. If you're up big I guess you can sell some profit and put into Stables like tether or busd. Buy back into bitcoin when it dips decently

Topic: Should I sell or hold on my bitcoin? - page 6. (Read 9093 times)