Should I still hold the investment or sell it?

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Quote from: kotajikikox on December 08, 2023, 07:21:52 AM

Quote from: Lidger on November 25, 2023, 08:08:21 AM

First of all I'm a small bitcoin investor, and I'm not too old to invest so this is the beginning of my investment.

if you call your self as investor then you should know that you must be a Holder then because Holding takes time and that is what investment is all about.
because if you call it Holding then that is a different approach so better decide.
also better HODL in our time now , selling is never be an option when Bull run is happening and yes we are still in bullying market.

The bull run is actually not total and there are still many who are on guard if a reversal occurs at any time. So it's natural to think about saving your assets in USDT first if the price has gone up once, and you're also bored when you see the price sideways and the asset doesn't move up. Yes. The Buy the dip method, although not as deep as it has been in the past, is always a good opportunity to increase your BTC asset holdings.

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Quote from: MFahad on December 08, 2023, 01:22:51 PM

The reason behind selling of bitcoin is if serious then selling of bitcoins is not a big issue because we are investing amount for only to use it when we need it. It totally depends on an investors thoughts if he find it difficult to hold bitcoin then he cannot hold longer therefore in such circumstances avoid further loss and sell if you have profit.

The main reason of Bitcoin's investment is to collect our money as well as extra amount in the form of reward so if we have a chance to find this condition then there is no loss but is happiness for you as you can easily take benefit from bitcoin. If someone is impatience then he should hold bitcoin till the duration at which he can at least earn some amount as a consequence of his investment.

That's the thing I do not understand by many people when they try to avoid selling it at all costs. My father is that kind of man, I understand saving and investing are important and OF COURSE you would rather not cash out, that's true and that's understandable. However, if something serious happens, then you should consider it, like if you need to have a surgery and you need to cash out 3 thousand dollars for it, if you try to avoid that, like find some sleazy doctor at corner alley type of place to pay 300 to do it, that would hurt you a lot more, or if you try to find the money some other way, like even make a debt, so you pay interest without need.

We save, because we fear we may need the money someday, and when that some day comes, we fear we are going to lose our money. Just realize that you need to spend that money because you saved it exactly for these days, that's the most important thing in life and you should be able to do that when you have the chance.

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Quote from: Lidger on November 25, 2023, 08:08:21 AM

I am sharing the matter in the forum whether I should hold on to my investment or sell it now.

Keep hodling as you can because the future of bitcoin looks beautiful and you can't afford to lose from it. Selling now should be the last thing on your mind. Only a few months you have hodl bitcoin, you have seen how much profit it has brought to you. That's the advantage of hodling bitcoin for a long because the longer you hodl it, the more profits it brings to you. Keep hodling and don't sell until a specified price you wish to, is reached that you can comfortably sell your bitcoin for. Good luck to your hodling.

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Quote from: Hypnosis00 on December 06, 2023, 04:52:21 PM

At least they have a reason for selling their Bitcoin.
Well, of course, holding will be hard for impatient people and at the moment they will see they have earned some profit already, selling is always in their mind. Besides, we can't expect that everyone will hold long-term or see people sell after seeing a profit already. Perhaps, we have individual investment strategies and we can do whatever we want whether we hold long-term or short-term the most important is we earn money, not losses.

The reason behind selling of bitcoin is if serious then selling of bitcoins is not a big issue because we are investing amount for only to use it when we need it. It totally depends on an investors thoughts if he find it difficult to hold bitcoin then he cannot hold longer therefore in such circumstances avoid further loss and sell if you have profit.

The main reason of Bitcoin's investment is to collect our money as well as extra amount in the form of reward so if we have a chance to find this condition then there is no loss but is happiness for you as you can easily take benefit from bitcoin. If someone is impatience then he should hold bitcoin till the duration at which he can at least earn some amount as a consequence of his investment.

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Quote from: $crypto$ on December 08, 2023, 11:49:45 AM

Actually, our patience and mentality are not only tested when experiencing losses, but when experiencing an increase in the portfolio it is also a test of our spread to continue holding or not. If we plan something then we must stick to our commitment at the beginning.

Sticking to the initial commitment is a good course of action, but there are some traders who are too weak and end up selling prematurely.
Even though you still get profits but not according to the original plan, then the market continues to be volatile and reaches the main target when you no longer hold any assets, this will only be a regret.

But there are also those who do not give up their ownership when the main target is achieved and want to be even higher, this has entered into a greedy state.

Quote from: $crypto$ on December 08, 2023, 11:49:45 AM

Bitcoin is doing well right now and anyone who invested a few months ago has certainly seen an increase in their portfolio. It's still halfway back to its last ATH and I'm sure it will surpass its previous ATH. So holding and surviving in this situation would be better. Keep holding.

Bitcoin still has a long way to go, many traders are speculating that Bitcoin will reach ATH $100k, of course there is still plenty of time to reach that price.
If you have started buying at under $20k, it is a very good opportunity, because it has provided quite a lot of profit.
So holding on to a new ATH is a long-term target right now.

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Quote from: CageMabok on December 08, 2023, 08:23:38 AM

Quote from: kotajikikox on December 08, 2023, 07:21:52 AM

if you call your self as investor then you should know that you must be a Holder then because Holding takes time and that is what investment is all about.
because if you call it Holding then that is a different approach so better decide.
also better HODL in our time now , selling is never be an option when Bull run is happening and yes we are still in bullying market.

Sometimes there are also people who misunderstand Holding so that its application can look different because applying Holding itself certainly takes time and is clearly not exactly the same as trading where traders only keep it on the exchange for a while before they sell it at a certain price point. For now, I also think that implementing Holding is still quite appropriate for many people because crypto market conditions are very different from a few months ago and there is a possibility that it will be even better at the beginning of next year.

Actually, our patience and mentality are not only tested when experiencing losses, but when experiencing an increase in the portfolio it is also a test of our spread to continue holding or not. If we plan something then we must stick to our commitment at the beginning.

Bitcoin is doing well right now and anyone who invested a few months ago has certainly seen an increase in their portfolio. It's still halfway back to its last ATH and I'm sure it will surpass its previous ATH. So holding and surviving in this situation would be better. Keep holding.

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Quote from: kotajikikox on December 08, 2023, 07:21:52 AM

if you call your self as investor then you should know that you must be a Holder then because Holding takes time and that is what investment is all about.
because if you call it Holding then that is a different approach so better decide.
also better HODL in our time now , selling is never be an option when Bull run is happening and yes we are still in bullying market.

Sometimes there are also people who misunderstand Holding so that its application can look different because applying Holding itself certainly takes time and is clearly not exactly the same as trading where traders only keep it on the exchange for a while before they sell it at a certain price point. For now, I also think that implementing Holding is still quite appropriate for many people because crypto market conditions are very different from a few months ago and there is a possibility that it will be even better at the beginning of next year.

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Quote from: barisbilgili on December 08, 2023, 07:53:23 AM

Quote from: Sebas.tian on December 06, 2023, 11:19:57 PM

It depends the price you bought your Bitcoin from, because if you bought your Bitcoin when the price was $17,271 early this year and hold till this time, I believe you can sell to make a good income from your investment, because anything can happen to the market that will make the price to return back to $20,000 or #17,000. Since you didn't borrow the money to invest in Bitcoin, it will be favourable if you can endure in this season to hold and watch for the price to roll into $80,000 next year before you can release your Bitcoin to achieve passive income. Now that the price of Bitcoin has crossed $43,891 in this month of December, it show that anything can happen any moment from now for investors to release their coins they are holding for a long period of time to smile.

Indeed, no one can guarantee that when we choose to invest in Bitcoin, if the target we set has been achieved, it would be better for us to take a little profit to be able to enjoy it and also this depends on us. If we don't want anything, I think we can hold it for the price. which is more profitable for us from the investment. When we look at the recent price movement, it has reached $44 and I think this price will continue to move and if we can hold it we will get a lot of profit.

I totally agree with you on this. Before starting an investment a person would have map out his goals and target. It might be monthly goals or yearly goals depending how long he wants to go on the investment, And it is good that when you have reach your target and the amount of profit you had in mind has been reached, that's the right time to take your profit. Even if there are more chances that the investment profit would appreciate if you give it more time but there are still chances that it will depreciate. So since the first goal has been achieved we should not allow greed to make us wait because if we lose it we will regret that after all this time what we go nothing. That would be very heart breaking.

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Quote from: Sebas.tian on December 06, 2023, 11:19:57 PM

It depends the price you bought your Bitcoin from, because if you bought your Bitcoin when the price was $17,271 early this year and hold till this time, I believe you can sell to make a good income from your investment, because anything can happen to the market that will make the price to return back to $20,000 or #17,000. Since you didn't borrow the money to invest in Bitcoin, it will be favourable if you can endure in this season to hold and watch for the price to roll into $80,000 next year before you can release your Bitcoin to achieve passive income. Now that the price of Bitcoin has crossed $43,891 in this month of December, it show that anything can happen any moment from now for investors to release their coins they are holding for a long period of time to smile.

Indeed, no one can guarantee that when we choose to invest in Bitcoin, if the target we set has been achieved, it would be better for us to take a little profit to be able to enjoy it and also this depends on us. If we don't want anything, I think we can hold it for the price. which is more profitable for us from the investment. When we look at the recent price movement, it has reached $44 and I think this price will continue to move and if we can hold it we will get a lot of profit.

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Quote from: Lidger on November 25, 2023, 08:08:21 AM

First of all I'm a small bitcoin investor, and I'm not too old to invest so this is the beginning of my investment.

if you call your self as investor then you should know that you must be a Holder then because Holding takes time and that is what investment is all about.
because if you call it Holding then that is a different approach so better decide.
also better HODL in our time now , selling is never be an option when Bull run is happening and yes we are still in bullying market.

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Quote from: Sebas.tian on December 06, 2023, 11:19:57 PM

Quote from: Franctoshi

Op, if you had invested your hard-earned then you got it wrong in the first place, investment into digital assets like Bitcoin is done with the money you can spare to avoid attaching emotions into your investment, you are lucky that you entered the market in the right time or when the market is going in your favor, else you would have learned some lessons by now and your savings would have tanked if we were to be in a bear market. However, you still have the opportunity to pull out of the market and only keep the amount you can be patient with, that is an amount you can afford to lose because Bitcoin isn't a get-rich-quick business, it requires some amount of time “HODL” to get positive results.

It depends the price you bought your Bitcoin from, because if you bought your Bitcoin when the price was $17,271 early this year and hold till this time, I believe you can sell to make a good income from your investment, because anything can happen to the market that will make the price to return back to $20,000 or #17,000. Since you didn't borrow the money to invest in Bitcoin, it will be favourable if you can endure in this season to hold and watch for the price to roll into $80,000 next year before you can release your Bitcoin to achieve passive income. Now that the price of Bitcoin has crossed $43,891 in this month of December, it show that anything can happen any moment from now for investors to release their coins they are holding for a long period of time to smile.

Taking up profits would really be that entirely be depending on you since not all would really be that going for long term on which they would really be securing out their profits on the time that they've seen that they are really that in gain. Even myself would really be definitely be doing that but of course there are people who doesnt really care since they are really that going for long term approach on which it is really just that normal
that people will be making out different actions basing up with the similar situation or scenario on which whether we do hold or we do sell out. It would really be that always according into someones preference on whatever action that he would really be tending to do so.

Each one of us does have the right on whatever things that we would really be wanting to do and its up to ours whether we would really be that focusing on short term basis or would really be going for long term ones.
Actions would be made will really be that entirely be varying on how you would really be that liking to make out actions basing up on the things that you do really have in mind.
Investment could neither be short term or long term on which it would really vary.

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Quote from: Franctoshi

Op, if you had invested your hard-earned then you got it wrong in the first place, investment into digital assets like Bitcoin is done with the money you can spare to avoid attaching emotions into your investment, you are lucky that you entered the market in the right time or when the market is going in your favor, else you would have learned some lessons by now and your savings would have tanked if we were to be in a bear market. However, you still have the opportunity to pull out of the market and only keep the amount you can be patient with, that is an amount you can afford to lose because Bitcoin isn't a get-rich-quick business, it requires some amount of time “HODL” to get positive results.

It depends the price you bought your Bitcoin from, because if you bought your Bitcoin when the price was $17,271 early this year and hold till this time, I believe you can sell to make a good income from your investment, because anything can happen to the market that will make the price to return back to $20,000 or #17,000. Since you didn't borrow the money to invest in Bitcoin, it will be favourable if you can endure in this season to hold and watch for the price to roll into $80,000 next year before you can release your Bitcoin to achieve passive income. Now that the price of Bitcoin has crossed $43,891 in this month of December, it show that anything can happen any moment from now for investors to release their coins they are holding for a long period of time to smile.

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Quote from: naikturun on December 06, 2023, 10:12:45 AM

Quote from: DanWalker on November 25, 2023, 08:21:56 AM

From what you said, it shows that you don't have too much knowledge about bitcoin. So, first I recommend that you learn about the history and all the knowledge related to bitcoin, from there you will know whether you should continue to hold bitcoins or sell them.

My advice to you, bitcoin is a very good long-term investment. The longer you hold, the greater the reward you receive, but holding is not simple because of its volatility. That's why I ask you to improve your knowledge about bitcoin immediately instead of investing without knowledge like today.

Well, I agree, but maybe for some people it will be difficult, just investing without having any results from it other than an increase in value might be difficult, so I think some people buy Bitcoin and then sell it and open a business or something that can earn money every month.
from there you will buy back bitcoin or other crypto.

At least they have a reason for selling their Bitcoin.
Well, of course, holding will be hard for impatient people and at the moment they will see they have earned some profit already, selling is always in their mind. Besides, we can't expect that everyone will hold long-term or see people sell after seeing a profit already. Perhaps, we have individual investment strategies and we can do whatever we want whether we hold long-term or short-term the most important is we earn money, not losses.

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Quote from: philipma1957 on December 03, 2023, 12:36:40 PM

Op never replied. Oh well.

His last post was in Service board. He may forget that he has a thread in speculation board because there was something that caught his attention on the service board. Undecided

Quote from: sana54210 on December 05, 2023, 12:03:23 PM

Yeah, as we can see how it is going up day by day, the answer is simple, you should keep holding as long as you can. Life is sad sometimes and you end up with a problem where you are forced to sell, unless something like that happens to you and you have the possibility of holding without worrying about money then I would say holding it is a lot more important.

You don't need to hold it forever!! You need to understand the price cycle, so you know well when the best time for buying (entry) and selling (exit). Every investor must have a goal for their investment, just hold it until it reaches the goal. Most people must set a target for selling their Bitcoin above the last ATH. Since the last ATH is about $69k, most people probably sell their Bitcoin when the price will be around $70k-$100k.

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For OP, still do you hold your bitcoin right now or have been sold? current price bitcoin up $44k and first your post made bitcoin around $37k, maybe if still hold you can earn more profitable but I don't think you have excited selling when bitcoin on $37k or not. I don't think small investment above $172 current bitcoin rate if you sell today and more than 10% profitable based on your capital use for investing in bitcoin.
I hope you can buy back if sold btc fund but if you still not sell yet hold it until several months later and bitcoin will up more higher again.
If you still need money or not any urgent needed hold your bitcoin and sell it later when raising higher price, don't be afraid bitcoin will raise above $50k in short time.

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Quote from: doomloop on December 04, 2023, 02:48:48 PM

Believe me, the regret when you see the price going up very high after you have sold early is more painful and makes you more restless than seeing the value of your assets or portfolio fluctuate, and I say that with experience and that's why I always recommend people to not panic after seeing short-term downfalls of Bitcoin or the market because once it goes up, you will have your wounds healed up pretty quick and the pleasure when you see your portfolio gaining value is extremely sweet.

Those who sell early, even if they have got a lot of profit based on when they made their purchases, will still regret their decisions when they see the highest prices of the cryptocurrencies they once had but sold them. If you have bought Bitcoin at $20k and then sold it at $40k but then you see Bitcoin hitting $100k during the bull run, how would you feel?

One who sold their asset earlier because of the thoughts that they will loss money if market goes down so when he see that market is going to increase day by day then this type of emotions are really sad for him. As we have seen bitcoin history so we should not rushes towards profit because the more you wait the more you will be profitable.

If someone get profit and sell their assets with profit then there is no need of regression but still human desires are incomplete always so they wishes that if they had huge profit than this then it will be better but a man always find an amount which is in his fate. If someone feel to regret for selling of bitcoin in past then he should remember that if he obtained benefit then don't be sad for it and try to be more profitable in future by buying more now.

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Quote from: DanWalker on November 25, 2023, 08:21:56 AM

From what you said, it shows that you don't have too much knowledge about bitcoin. So, first I recommend that you learn about the history and all the knowledge related to bitcoin, from there you will know whether you should continue to hold bitcoins or sell them.

My advice to you, bitcoin is a very good long-term investment. The longer you hold, the greater the reward you receive, but holding is not simple because of its volatility. That's why I ask you to improve your knowledge about bitcoin immediately instead of investing without knowledge like today.

Well, I agree, but maybe for some people it will be difficult, just investing without having any results from it other than an increase in value might be difficult, so I think some people buy Bitcoin and then sell it and open a business or something that can earn money every month.
from there you will buy back bitcoin or other crypto.

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Sell if you don't mind for the upcoming bull season but if you think about another ATH, then help yourself to just hold on and wait for it.
I don't think it was a hard decision, as an experienced investor, we already know what is the best thing to do. It was just an option and some people made a decision to sell for some emergencies but it was not a problem as it was badly in need of money. But if we doing this because of the current pump, I don't think it was enough reason IMO.

Anyway, it is your money and you are the one who can decide. Well, just spend a few minutes thinking about it.

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Quote from: sana54210 on December 05, 2023, 12:03:23 PM

Quote from: doomloop on December 04, 2023, 02:48:48 PM

Those who sell early, even if they have got a lot of profit based on when they made their purchases, will still regret their decisions when they see the highest prices of the cryptocurrencies they once had but sold them. If you have bought Bitcoin at $20k and then sold it at $40k but then you see Bitcoin hitting $100k during the bull run, how would you feel?

Yeah, as we can see how it is going up day by day, the answer is simple, you should keep holding as long as you can. Life is sad sometimes and you end up with a problem where you are forced to sell, unless something like that happens to you and you have the possibility of holding without worrying about money then I would say holding it is a lot more important.

I guess it is going to end up with something that will end up with an issue that has to be a little bit harder to handle. I know that it is going to be a bit of a trouble, because you will worry about the volatility when it goes down time to time but I am certain that the long term result will be that it will keep going up more and more for the near future and not go down much.

As long you do need the money and as long those amounts are something that you could really be able to hold on for long term or something that it isnt really something that you could really be able to
or need to make use of then holding it further more would really be your best choice on this one because you could really be that able have the chance on earning even more if you do decide to hold
but we know that not all people would really be having that kind of situations on which they do really need to get those amount back for the sake of trying out to sustain their living or really need
that badly on the money that they are able to acquire via wins or what. In the end of the day then it would really be always depending or basing up into your own decisions.

Topic: Should I still hold the investment or sell it? (Read 1108 times)