I should hold on to my investment or sell it now.
Decisions about investing should be made through your own research, not based on advice from anyone. Moreover, if you have taken the right first steps by studying it first before deciding to buy, then when you want to sell it, you must also base it on your own research so that there will be no regrets. Usually investors will set a target, for example how long they will keep it or at what price they will sell it and sticking to the target that was initially set is a good thing in investing. 
Topic: Should I still hold the investment or sell it? - page 3. (Read 1080 times)
Keep it mate, you have more time to HODL and you are lucky because you seems to be
not in need of your funds while many of us are struggling how to keep their bitcoin long because of emergency
cases that had to convert their coins badly.
not in need of your funds while many of us are struggling how to keep their bitcoin long because of emergency
cases that had to convert their coins badly.
since you mentioned to not needing the funds for now so why not just keep your coins mate? I believe that you are capable of being a HODLER for at least another years more?
like me that I only withdraw when there is a badly needed and my crypto needs to be converted to cash and spend while waiting for another halving or bullrun.
that is exactly my point mate, keeping bitcoin longer while we are not in need is the better solution. like me that I only withdraw when there is a badly needed and my crypto needs to be converted to cash and spend while waiting for another halving or bullrun.
When the price of Bitcoin reached $38K I thought I would sell my investment but I didn't sell my investment yet hoping for something better. Thinking whether to sell the investment or not I thought I should share the matter in the forum and I will get the best solution from the forum that's why I am sharing the matter in the forum whether I should hold on to my investment or sell it now.
I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.
Selling will earn profits and if you decide to hold it can also generate huge returns at the next ATH. You mentioned not needing the money which means holding would be a good strategy, but it is important to know whether you have a strategy of buying at certain times or only buying when you have the money. Why this question important is because when you are in Bitcoin the steps you take must be appropriate. For example, between selling and buying because to collect Bitcoin you not only have to use a decreasing strategy, but there are other ways you can optimize it further.I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.
When we don't try to buy consistently then our bitcoin holdings will never increase, therefore apart from thinking about selling we also need to look at the right time and strategy for collecting them. Your knowledge about bitcoin may not be fully mature because what you write shows the attitude of your involvement in it, so you need deeper knowledge so that you understand how to sell, buy and use the right strategy for the steps.
since you mentioned to not needing the funds for now so why not just keep your coins mate? I believe that you are capable of being a HODLER for at least another years more?
like me that I only withdraw when there is a badly needed and my crypto needs to be converted to cash and spend while waiting for another halving or bullrun.
like me that I only withdraw when there is a badly needed and my crypto needs to be converted to cash and spend while waiting for another halving or bullrun.
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.
You should not be worried about the small bitcoin investment you made in bitcoin today because, as time goes on, it will grow to be a huge return for you. All you need to do is be patient enough and have a long-term investing plan.If you are familiar with the history of bitcoin price and its early adopters, you would have been probably aware that the majority of its Investors invested small amount of their own money in bitcoin, and those who hodl it for a long time benefited from the long-term gains that bitcoin generates for its holders.
As at the time this post was written, you don't need money, so hold onto your bitcoin tightly. In case of any time you need money, just sell some part of your bitcoin investment and hodl the rest. Never forget that bitcoin investments haven't stopped anyone from buying when they have spare money to invest.
@OP it there is a simple answer to your question, if you have no faith in Bitcoin and you don't believe in its market cycle, then better to leave the market completely but before doing that, I suggest that you study about the Bitcoin market well, know its history specially its four year cycle. You stated that you don't need the money yet, so I guess it won't do you any harm if you do some research and study before doing any final actions.
It is your money and it is for you to decide where to put it, but at least this time try to do your homework before finalizing your decision whether you sell or hold.
It is your money and it is for you to decide where to put it, but at least this time try to do your homework before finalizing your decision whether you sell or hold.
We all know that currently the price of Bitcoin is in a positive trend because bullish is getting closer, meaning that after this the price increase will continue to occur. My advice is to hold until bullishness arrives because the current price increase is still the beginning of a much higher price increase. I am sure that in the next bullish phase the price of bitcoin will at least reach $150k and if you sell now you will regret it.
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When they have a lot of capital, it might really take a big approach last year to surpass the huge profits from the capital spent. But luckily in Bitcoin has many ways to take an approach even though people don't have much capital. The DCA model begins to be enjoyed by many people, especially for those of us who do not have much money and this strategy has many advantages if used properly because it will provide opportunities for anyone to collect bitcoin.
If the DCA strategy is used optimally and correctly, it will provide an opportunity to buy Bitcoin gradually with minimal money at hand.When they have a lot of capital, it might really take a big approach last year to surpass the huge profits from the capital spent. But luckily in Bitcoin has many ways to take an approach even though people don't have much capital. The DCA model begins to be enjoyed by many people, especially for those of us who do not have much money and this strategy has many advantages if used properly because it will provide opportunities for anyone to collect bitcoin.
For example, every week or every month, make a purchase and hold it for the long term.
Of course, this will accumulate more Bitcoin assets and the value will also increase if you start buying Bitcoin below the price of $ 20k.
By having a reserve fund it will also help, do the division or management of funds to buy gradually.
Diversify on potential altcoins such as ETH, BNB and others that have good development.
Besides being able to collect Bitcoin, we can also collect Altcoins that will follow the Bitcoin trend, this will provide 2 advantages.
If you have advised him to do what he feels most comfortable with then you don't need to say this. Furthermore, that amount is only worth $152, so the loss of fiat value won't affect him much. You shouldn't make him more stressed.
In my opinion, he should learn more about bitcoin to understand it better and then he will make his own decision, whether to continue holding bitcoin or exchange it for fiat currency. Bitcoin is really good when its holders understand it, but if they don't understand anything about it, it's best for them not to invest in bitcoin because investing in bitcoin, in addition to bringing profits, also has risks involved.
I think it's something that should be not really all that important in the end based on what people are doing, I get that it may not be something that changes all the time but that doesn't mean that we are not going to have it changed eventually. I think it's quite clear that people are doing things that doesn't really matter to anyone, and should be considering the situation a bit more.In my opinion, he should learn more about bitcoin to understand it better and then he will make his own decision, whether to continue holding bitcoin or exchange it for fiat currency. Bitcoin is really good when its holders understand it, but if they don't understand anything about it, it's best for them not to invest in bitcoin because investing in bitcoin, in addition to bringing profits, also has risks involved.
I think it should be important to realize that we are not going to end p with a profit if we keep fearing what it might do, we just need to keep on holding and trusting bitcoin, otherwise selling and getting out is not a profit making method, if you sold and got out, then you are out, but if you hold then at least you have a chance to make a profit.
Those who already believe in Bitcoin and the technology behind it are very worthy of investing in the long term because this has also been proven quite accurately by old investors who also believe in Bitcoin. So expanding or adding more investment in Bitcoin is not a wrong choice because it will be good enough for us as long as our way of life is never disturbed by it.
Someone will be more motivated to increase Bitcoin's ownership after seeing how strong it has a positive effect on the capital value they place. Long -term has always been an option for many old and new investors, but when it can divide the long -term and short -term to generate profits will be much better. Depending on how to make a proportion of strategies for these two types because of the regular investment speaking which is considered how to seek the maximum profit.Next year is a pretty good opportunity for investors who started investing last year, because investors who dared to buy more last year will definitely have experienced extraordinary wins this year and there will be even more next year because of the potential and Better opportunities could also occur next year. So it's better not to ignore the opportunities that will occur in the next year so that we can all experience even more extraordinary benefits from Bitcoin.
When they have a lot of capital, it might really take a big approach last year to surpass the huge profits from the capital spent. But luckily in Bitcoin has many ways to take an approach even though people don't have much capital. The DCA model begins to be enjoyed by many people, especially for those of us who do not have much money and this strategy has many advantages if used properly because it will provide opportunities for anyone to collect bitcoin. it is good for you to start investing and since you are still young ? try to extend more and more mate because your investment will bring you more success in the long run ,
just trust your guts since I can smell you believing in bitcoin and the technology behind this .
Those who already believe in Bitcoin and the technology behind it are very worthy of investing in the long term because this has also been proven quite accurately by old investors who also believe in Bitcoin. So expanding or adding more investment in Bitcoin is not a wrong choice because it will be good enough for us as long as our way of life is never disturbed by it.just trust your guts since I can smell you believing in bitcoin and the technology behind this .
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You have no need to ask us the question , because you are clear of not needing the money for now so why just let it there for longer time?
try to look back next year and if you are not contented to what will bring you ? then try more again in the coming years.
Next year is a pretty good opportunity for investors who started investing last year, because investors who dared to buy more last year will definitely have experienced extraordinary wins this year and there will be even more next year because of the potential and Better opportunities could also occur next year. So it's better not to ignore the opportunities that will occur in the next year so that we can all experience even more extraordinary benefits from Bitcoin. try to look back next year and if you are not contented to what will bring you ? then try more again in the coming years.
Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.
If you have advised him to do what he feels most comfortable with then you don't need to say this. Furthermore, that amount is only worth $152, so the loss of fiat value won't affect him much. You shouldn't make him more stressed.
In my opinion, he should learn more about bitcoin to understand it better and then he will make his own decision, whether to continue holding bitcoin or exchange it for fiat currency. Bitcoin is really good when its holders understand it, but if they don't understand anything about it, it's best for them not to invest in bitcoin because investing in bitcoin, in addition to bringing profits, also has risks involved.
This is why if you do make out investment then it would really be that better that you should be following on the decision that you are making and not on others but its not bad to see some comments
for at least you do able to read up some insights.
If you've been able to make profits then its not bad to secure those profits and its better to secure it out than to lose those profits if ever the market would really be going down.
Basing up on the movement then it is been that long time that we are really moving that sideways and now that the price is trying to climb up gradually
then it isnt bad to snip out those profits and cherish it out to bring out that ease of mind.
Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.
If you have advised him to do what he feels most comfortable with then you don't need to say this. Furthermore, that amount is only worth $152, so the loss of fiat value won't affect him much. You shouldn't make him more stressed.
In my opinion, he should learn more about bitcoin to understand it better and then he will make his own decision, whether to continue holding bitcoin or exchange it for fiat currency. Bitcoin is really good when its holders understand it, but if they don't understand anything about it, it's best for them not to invest in bitcoin because investing in bitcoin, in addition to bringing profits, also has risks involved.
Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.
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.
just trust your guts since I can smell you believing in bitcoin and the technology behind this .
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I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.
You have no need to ask us the question , because you are clear of not needing the money for now so why just let it there for longer time?try to look back next year and if you are not contented to what will bring you ? then try more again in the coming years.
Actually on your question, you are hearing a lot about bitcoin investment or someone shares with you about a potential option and you decide to take action after doing your own research about it. I think that's good, but you have to build your investment strategy and plan? You will wonder if that amount of savings will earn interest in 1 year, 5 years or 10 years? Or when you withdraw that savings to invest in bitcoin, how do you set your profit target? you need to determine that. It's yours! when you think it is enough and you are satisfied, then your decision will be right.
Of course you have to do your own research to be able to decide to invest, because if we only hear from other people, of course we will make the wrong decision about the investment we make. After we do the research, of course we will understand well and will also know when the time is right. to be able to make an investment and also have to hold it for a long period of time to be able to enjoy the profits obtained from the investment. 
When the price of Bitcoin reached $38K I thought I would sell my investment but I didn't sell my investment yet hoping for something better. Thinking whether to sell the investment or not I thought I should share the matter in the forum and I will get the best solution from the forum that's why I am sharing the matter in the forum whether I should hold on to my investment or sell it now.
I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.
It's normal to have worries when you invest your money. But what you think is the wise decision at this time that can give you peace of mind? Because you're the only one who can decide for yourself.I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.
Majority of people here are a Bitcoin investors, quite obvious what would be their advice. Anyway, ask yourself if is it good to sell already (since you're already in profit for buying at $25k) or keep holding? What do you prefer? Keep in mind that when you deposit your money in bank, the interest is too low that you can't even feel it.
Although it is not yet known when the halving will occur, it will definitely happen. And it's just a matter of time and we just need to instill patience in ourselves so that we don't regret it just because of ordinary profits.
If you sell it now and keep it in the bank, the profits will be small and it will take a long time. Think carefully and don't panic, it's best to look for accurate information regarding the future or price of Bitcoin in the long term and that will make you feel optimistic and more enthusiastic about collecting Bitcoin before the price rises even higher.
When the price of Bitcoin reached $38K I thought I would sell my investment but I didn't sell my investment yet hoping for something better. Thinking whether to sell the investment or not I thought I should share the matter in the forum and I will get the best solution from the forum that's why I am sharing the matter in the forum whether I should hold on to my investment or sell it now.
I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.
It's normal to have worries when you invest your money. But what you think is the wise decision at this time that can give you peace of mind? Because you're the only one who can decide for yourself.I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.
Majority of people here are a Bitcoin investors, quite obvious what would be their advice. Anyway, ask yourself if is it good to sell already (since you're already in profit for buying at $25k) or keep holding? What do you prefer? Keep in mind that when you deposit your money in bank, the interest is too low that you can't even feel it.
An investment is always to expect long-term benefits, if you have an investment in altcoins then it is up to each individual, I have not had much experience with alts because they always make me lose, I do not trust them under any circumstances, for That reason is that I always see that things can be seen that way, if we are in a bitcoin market I tell you not to sell, to wait for the investment because the price of bitcoin is going to rise, maybe it will not be this year, but it is very encouraging 2024 onwards, you can do many things, and if it is bitcoin I recommend waiting.
When they are investments like gold, real estate that must depend on the person how much they want to earn, I don't know much about that, what I know is that if you want to get a good price you have to do it through bitcoin, if it is another altcoin I wouldn't know what I mean, if I had it I would sell it, because I don't trust that.
When they are investments like gold, real estate that must depend on the person how much they want to earn, I don't know much about that, what I know is that if you want to get a good price you have to do it through bitcoin, if it is another altcoin I wouldn't know what I mean, if I had it I would sell it, because I don't trust that.
When the price of Bitcoin reached $38K I thought I would sell my investment but I didn't sell my investment yet hoping for something better. Thinking whether to sell the investment or not I thought I should share the matter in the forum and I will get the best solution from the forum that's why I am sharing the matter in the forum whether I should hold on to my investment or sell it now.
I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.
I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.
If you don't need the money keep holding and don't sell. If you sell you'll use the money to buy sometimes that won't have value as Bitcoin. Hold your Bitcoin always and only sell when you need money to use and there's no other options of getting money for elsewhere. Since this is your first investment in Bitcoin, keep on holding and you'll be happy you did. In years ahead you'll be glad you didn't sell your Bitcoin. I don't trust the banks and there's no benefits in holding your money with them.
Banks use our money to generate more money for them to use and that's why they want us to always keep our money with them and when we do that, while our money loses value due to inflation they make profits by using the money we keep with them for forex investment or lend them to borrower and make profits from the interest on the loans. They don't own the money yet they make use of their service and make money from other individuals money they're holding.
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