Sigh... Do i need to hold and sell it later or now? Quite tricky situation.

supercanada1

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Quote from: TheGreatPython on January 28, 2020, 03:41:25 AM

We were actually in the bearish markets until now and OP has bought coins in the bear market so hopefully they would give immense profits for OP. But if OP wants to sell some of his coins than it would be better for him to start trading with them and earn the amount he would need to fulfill his requirements. It would not be that difficult to earn profits from 1.2 BTC until feb 21st.

Bitcoin is having a volatile price and that keeps the price changing each hour which can be utilized for short term trading. Quick buy and sell would even give good profits from the initial capital. OP should think about trading with his coins because if I would have been on his place than I would have gone for trading.

If you do not have confidence in long term trading than you can take short term or daily trading as an option. Otherwise I would suggest you to go for long term trading because this would give you big results. If you want to make huge investments, go for it, it will give you big benefits. As the price of Bitcoin is rising so long term trading would be very beneficial, similarly halving is approaching and it would bring more increase in price so go for long term trading.

TheGreatPython

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We were actually in the bearish markets until now and OP has bought coins in the bear market so hopefully they would give immense profits for OP. But if OP wants to sell some of his coins than it would be better for him to start trading with them and earn the amount he would need to fulfill his requirements. It would not be that difficult to earn profits from 1.2 BTC until feb 21st.

Bitcoin is having a volatile price and that keeps the price changing each hour which can be utilized for short term trading. Quick buy and sell would even give good profits from the initial capital. OP should think about trading with his coins because if I would have been on his place than I would have gone for trading.

gundala

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Quote from: GDCGazua on January 22, 2020, 10:29:38 PM

I am holding about 1.2 BTC now
But I need a money until Feb 22nd.
Should i hold until Feb 21nd and sell it? or Sell it now?!!

Basically you know exactly whether it's time to sell or not. Because you know in a safe position by comparing it where you buy it, so that when you sell it you can get a higher price, right? if at this time it is above the BEP and you are afraid there will be a decrease again then sell it immediately, if not then keep it and if it will go down then sell before reaching your BEP, as simple as that. DWYOR, all of them can only give advice as far as speculation, so strengthen your mind for whatever decision you make.

huige007

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Quote from: chennappa121 on January 26, 2020, 05:37:44 AM

As bitcoin is known for its volatality its difficult to predict the price pumps or dumps in next month .If it Pumps its your luck if it dumps then bad luck so think and decide .If its need of less money then you can borrow some money and use if its so emergency and need more money then you can go for selling bitcoin because than borrowing more you can use your own money without interest, Bitcoin might dump also god knows ... Think smart and make a move good luck.

I think beside luck, your strategies and the way you work also affects your performance. It is of volatile nature and you cannot exactly predict what will happen but the market trends also give you a hint about the future events. By looking at the present trends I am very hopeful that price will increase further and all those who have invested will get good benefits.

Mike Mayor

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If you really need the fiat and you have no other choice then you have to do what you have to do. In the meantime, you can try to keep expenses down somehow. It will work out better for you, in the end, to try to stretch your last dollar. The date has come and passed so did you sell? How much of it did you need to sell? At least when you need to sell bitcoin is doing well and you not forced to sell during bear season. This happened to me. I hate it so much.

bitgolden

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Bull runs are approaching and we would never know what would happen till 21st of February. If you sold bitcoins and after that the price starts pumping than it would be the largest regret you would ever have. If you are just holding bitcoins and not actually trading with them than you can sell some part of your bitcoins and can hold maximum so that you can bear benefits from the approaching bull markets.

Bitcoins are really going to show us some great price as we already had some visions about it in the mid 2017. Bitcoins have the ability to grow much faster due to their high volatile nature so you could find some better peak to sell off so that you can fulfill your financial needs.

Dhoe

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Quote from: GDCGazua on January 22, 2020, 10:29:38 PM

I am holding about 1.2 BTC now

But I need a money until Feb 22nd.

Should i hold until Feb 21nd and sell it? or Sell it now?!!

What do you guys anticipate in BTC price until next month?

This is indeed a confusing choice, but if I am in your position then I will continue to hold it until February 21, then for the current needs then I will owe money to my immediate family or my friend, after arriving on February 21, I will sell the BTC equivalent of the debt I borrowed.

robelneo

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Quote from: GDCGazua on January 22, 2020, 10:29:38 PM

I am holding about 1.2 BTC now

But I need a money until Feb 22nd.

Should i hold until Feb 21nd and sell it? or Sell it now?!!

What do you guys anticipate in BTC price until next month?

Unfortunately, we cannot possibly tell if the price of Bitcoin is going to be higher than the price now, the market is still uncertain and very volatile, only two things you will either regret later for not selling or selling earlier, because the price is moving in an uncertain way, so just withdraw what you can afford and if you can retain some of it, worst time to sell now, but this kind of things happen.

bitvalak

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Depending on how much money you need from your total 1.2 BTC. If you need it all, please sell before the price goes down, if the price goes up, you are lucky. Because no one can predict the price 100% accurately, especially with the conditions you are in need of these funds. But if you only need a few, you can sell some, not necessarily all of them. That's the only advice I can give, daily needs are more important for you before deciding to invest.

White Christmas

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Quote from: GDCGazua on January 22, 2020, 10:29:38 PM

I am holding about 1.2 BTC now

But I need a money until Feb 22nd.

Should i hold until Feb 21nd and sell it? or Sell it now?!!

What do you guys anticipate in BTC price until next month?

It would be up to you. But I suggest if you will sell that first when the price of bitcoin or the value of it will came into $9,000 because this is the highest peak of the bitcoin right now based on the speculations and predictions of many people. If you really need the money before the February 22nd then probably it would also be better if you will sell that right now especially that the bitcoin is pumping up, so that you will already converted your bitcoin into a fiat money and you can already use it and save it until February 22nd for your upcoming events that your bitcoin will be spend off.

lienfaye

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Quote from: GDCGazua on January 22, 2020, 10:29:38 PM

Should i hold until Feb 21nd and sell it? or Sell it now?!!

Well you're the only one who can answer this. How much did you buy your btc btw? If you think the price of btc is acceptable to sell and you already gain then its up to you if you want to sell. Actually some investors now are accumulating because of the halving, many are thinking the price will rise after that event hence dont sell all your btc if you can.

Quote from: GDCGazua on January 22, 2020, 10:29:38 PM

What do you guys anticipate in BTC price until next month?

Im bullish for the price of btc thus im assuming the market will turn better and there's an increase for btc price though there might be a minor recovery. Well we cant predict whats ahead but I'd like to stay positive.

Eugenar

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We usually look for ways in order to make sure profits will come into our hands with investment on cryptocurrency such as bitcoin, but I do think we could earn profits weekly because upon observing the market, I saw that it mostly increases on monday, so instead of diversifying your investment why don't your try to invest every friday night, and sell every money next week? Though, what I mean is for you to utilize stable coins in order to make sure profits will be with you.

dimox

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when i need money, i will sell 2-3 day before x day, when i need much money i will sell 3+ day because it take time to get right price like what i want, and sometime i sell about how much i need.
if i need to sell 1.2btc, i will sell in a small portion in one week before x day

sulendra12

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Quote from: GDCGazua on January 22, 2020, 10:29:38 PM

I am holding about 1.2 BTC now
But I need a money until Feb 22nd.

You can hold until next month if you are not being afraid of lossing money during the hold event. Even though it's pumping right now, there is a chance the price would be going down because that's a behavior, so be aware of that. If you are afraid for that, then it's your decision to sell it.

boltz

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I would strongly suggest to make those money without changing Bitcoin back to your national currency because you hold it until now , why now hold it one more year to let the bull market install ? Sure , if you have an emergency like you really need to cashout your Bitcoin, then do it but like I said , try to find another solve to your problem , maybe get a loan or something similar. This is just my personal advice, in the end , you know better the situation you're facing.

iram3130

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I would not suggest anyone to sell Bitcoin at this moment. The increase in demand for Bitcoin will increase once halving's effect comes into picture. So if you really want the money or you have an emergency, only then sell the equal amount which you need. Otherwise holding your BTC would be the best option until next year.

Easteregg69

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Chasing ups and downs. Ain't that a B?

Stash your BTC and get on with some new chain. TRX is best bet these days. For the most action and the least kyc/aml underdogging.

Xxmodded

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Quote from: GDCGazua on January 22, 2020, 10:29:38 PM

I am holding about 1.2 BTC now

But I need a money until Feb 22nd.

Should i hold until Feb 21nd and sell it? or Sell it now?!!

What do you guys anticipate in BTC price until next month?

Better you hold bitcoin because you need money next month and hope bitcoin could raise with higher price and near with halving time, I optimist you will get much profit later if you sell bitcoin on February because price could increase more than $10k and you get much profit than you sell bitcoin right now.

DabsPoorVersion

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Quote from: bettercrypto on January 26, 2020, 09:21:19 AM

Quote from: GDCGazua on January 22, 2020, 10:29:38 PM

I am holding about 1.2 BTC now

But I need a money until Feb 22nd.

Should i hold until Feb 21nd and sell it? or Sell it now?!!

What do you guys anticipate in BTC price until next month?

If you need your money, don't make it as your investment. Only excessive income can give you in investment. Don't hold bitcoin because anytime it may fluctuate. If you need in February 22 and you need it really then sell it now. Until the value of bitcoin is high, you need to dispose it. I think 1.2 is a big cash and you will regret it once it lose its price.

I think this is his investment then suddenly an emergency situation just happened. So, he has nothing to fund for it so he is having a second thought if he will use his investment or not. But as you said, if he really needs it, he can sell it for his own good, then again this might be his biggest regret in the future.

bettercrypto

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Quote from: GDCGazua on January 22, 2020, 10:29:38 PM

I am holding about 1.2 BTC now

But I need a money until Feb 22nd.

Should i hold until Feb 21nd and sell it? or Sell it now?!!

What do you guys anticipate in BTC price until next month?

If you need your money, don't make it as your investment. Only excessive income can give you in investment. Don't hold bitcoin because anytime it may fluctuate. If you need in February 22 and you need it really then sell it now. Until the value of bitcoin is high, you need to dispose it. I think 1.2 is a big cash and you will regret it once it lose its price.

Topic: Sigh... Do i need to hold and sell it later or now? Quite tricky situation. (Read 924 times)