Sigh... Do i need to hold and sell it later or now? Quite tricky situation. - page 3.

teosanru

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Quote from: GDCGazua on January 22, 2020, 11:29:38 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?

Current anticipation in BTC market is pretty bullish for the month but what I have learnt in this market is that it's always better if you take out the money for whatever reason it is necessary because many a time the prices may go downwards and then you won't really be able to meet your expenses and you might end up in a bigger issue. I have not even once regretted upon my choice of taking out money when needed in a few days. Maybe it's sheer luck but I feel holding it too is pure luck so better do the right thing.

Quote from: coinycoiny on January 24, 2020, 04:10:54 AM

The current trend is down, and long term btc will end up close to zero.

But nobody can know what the price will be next month.

You could sell 25% each week, then if there was a peak you'd make some, but if there was a crash you wouldn't lose so much.

But I would sell all now.

Quite eager to know your thesis on saying Bitcoin could end up close to zero? Do you still believe in that bubble mythology or something?

MancyZz

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Quote from: GDCGazua on January 22, 2020, 11:29:38 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?

Really tricky situation. bitcoin price unpredictable and now bitcoin price look like not good movement and not seem good alerts for near time, so my advice only wait for a moment maybe one or two weeks to get better price than now. must to be patience to take more profit
second choice, no problem sell now but make sure that you are not lose, you sell your coins higher than you buy

jonsnow888

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Quote from: k@suy on January 23, 2020, 08:17:16 AM

Quote from: jonsnow888 on January 23, 2020, 08:13:30 AM

If one trader's opinion matters to you then you should know this:

- Not much chances to go above 9K in February.
- In March it will probably wiggle between 6k and 8k or even go lower.
- Selling now is the best thing to do.

But there are speculations that after the halving the price of the bitcoin will rise. So probably if this scenario will happen we can earn a lot of money probably on April or May. So definitely nobody knows if this will be possible but it is much better if we dont believe the hype and let this scenario happen in the future coz if we expect too much we will probably hurt so much if this would be happen.

I know about the halving speculations, but that doesn't happen right away. It took 1 year to reach ATH after first halving, and took 17-18 months after the second halving. So it's not like some big bullrun will happen anytime soon. A bump in April in anticipation, at most, but then he can buy on the dump right after and play the next long term bull market without missing anything really.

moviebuff777

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I think the price will rise between now and February 22. If that is when you need it, maybe wait, but really no one can say for sure so you should decide how much risk you are willing to take.

imstillthebest

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Quote from: thisnewcoin on January 25, 2020, 06:03:23 AM

No one can ensure you what gonna happen after 10 days in Bitcoin price! And 22nd February is almost one month away! You should have sell when the Bitcoin price was 9100 USD, right now its dumped by 1K USD, So, don't sell at this moment. Wait for the 8500 USD, I believe BTC will hit at that price before 22nd, then you can sell confidently.

its easy to predict 10 days or a week but more than that is now harder , 22nd of february is yet too long .

we are only on january and many happenings can occur and affect the price . you said he dont sell but wait for 8500 usd ? that will only cause him to loose more if the price was higher than 8500 the moment he start waiting .

thisnewcoin

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No one can ensure you what gonna happen after 10 days in Bitcoin price! And 22nd February is almost one month away! You should have sell when the Bitcoin price was 9100 USD, right now its dumped by 1K USD, So, don't sell at this moment. Wait for the 8500 USD, I believe BTC will hit at that price before 22nd, then you can sell confidently.

Gotumoot

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Sell it now.

If you really need the money it is better not to aim for more because we do not know what the price of bitcoin will be. Especially now that the whales control the price of bitcoin so it can collapse instantly.

Casdinyard

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Quote from: GDCGazua on January 22, 2020, 11:29:38 PM

I am holding about 1.2 BTC now

But I need a money until Feb 22nd.

If you need it badly then why you having second thoughts about selling? Sell your bitcoin if that will be your last resort. You can buy anytime, again.

Quote

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

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

No one have crystal ball here and anything could happen for a month. But do note that before you sell, make sure you sell above the price you bought. Hope you keep that in mind.

oktana

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don't speculate with uncertainty in the short term if you only act as a passive holder.

there is a possibility that bitcoin will return to 11k if this month's retracement is successful, but there are a number of points that can apply otherwise, for example from negative fundamentals. 1.2 btc in my opinion is big enough to be developed in the trading market, but if you are not sure then you can make a decision to sell it now.

crossabdd

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in my opinion, hold it until 21 february. and sell it according to your needs. we don't know how prices will move tomorrow until February 21st. the hope is that prices will move up, and will add to your assets. because that's what I do every time I need funds. I only sell my crypto when I need it.

pixie85

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Quote from: Gotumoot on January 24, 2020, 05:42:30 AM

Sell it now.

If you really need the money it is better not to aim for more because we do not know what the price of bitcoin will be. Especially now that the whales control the price of bitcoin so it can collapse instantly.

Whales don't own most of Bitcoin and only a small part of the coins in circulation are available for trading.

A whale can temporarily crash the price but it will recover because his dump can only drain the supply of fiat on an exchange at that given hour or day. It cannot drain the supply that will come a day later and a week later and it will come because people will want to buy seeing cheap coins.

malekbaba

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Quote from: GDCGazua on January 22, 2020, 11:29:38 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?

Every single second is important and you are talking about 30days! If you are still holding btc, I think you should sale it and it seems we are entering into bearish trend again, cause btc failed to go beyond 9k. Price may go anyways, north or south but it will stay within 7.8 to 8.5k range. Please dont consider my opinion as financial or investment advice. I am just expressing my thinking

pikkie

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Quote from: moviebuff777 on January 24, 2020, 10:35:03 AM

I think the price will rise between now and February 22. If that is when you need it, maybe wait, but really no one can say for sure so you should decide how much risk you are willing to take.

well even though you can predict it that way I don't think anyone can guarantee it because honestly the price movement of cryptocurrency is unpredictable so if you want to make a profit with your assets then you should be able to hold your assets until the price rises, even though you predict in February the price increase could be when after February.

wildan88

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Quote from: moviebuff777 on January 24, 2020, 10:35:03 AM

I think the price will rise between now and February 22. If that is when you need it, maybe wait, but really no one can say for sure so you should decide how much risk you are willing to take.

We never know, but I also believe that it will go up with the halving. There must be a FOMO before halving occurs. we see until the end of the month whether prices will stable or go down, if it goes down it might be good to be a little correction and start rising in the second month.

fullhdpixel

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Quote from: GDCGazua on January 22, 2020, 11:29:38 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?

Meehn I don’t know what the price is going to be in February 22nd and I also don’t think that anyone can give you the right answer. If you’re ready to take the risk and wait till then for the price to increase and you will be able to make profit, and if it doesn’t then that’s a loss. So, you have to make that decision for yourself. The price dropped recently and has been around $8.3k.

The only time I am expecting the price to go up is around May after the halving. Maybe for now it would be stable. You can check out Cointelegraph top 10 cryptocurrency analysis, it’s quite helpful.

bounceback

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Quote from: GDCGazua on January 22, 2020, 11:29:38 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?

I think it's better if you hold it until February 21, but the price of bitcoin is declining today, but if you really need money, I don't recommend not selling it and if you want to sell it better, sell half of it and the rest you hold to get ready ready to halve so that you get a little profit from half your bitcoin.

ubercool

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My speculation says that Bitcoin might dump in the short term, if you really want the money right now then only sell as much as you want and hold the remaining till halving is complete. We usually see good pumps after the halving.

Oasisman

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OP isn't responding yet. Maybe this guy was just posting out of confusion and frustrations.
Anyway, he can sell whatever money he needed and retain the rest to assure profit in a long term investment. I am somehow empathetic on his situation because 1.2 BTC is quite a huge amount and It would be a waste of opportunities if Bitcoin will reach higher figure on February, while you're on a verge of critical decision making because you needed the money.

coinycoiny

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The current trend is down, and long term btc will end up close to zero.

But nobody can know what the price will be next month.

You could sell 25% each week, then if there was a peak you'd make some, but if there was a crash you wouldn't lose so much.

But I would sell all now.

xvids

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Just convert it to how much you need and keep the remaining parts on hold.
The price of Bitcoin fluctuates unexpectedly so we couldn't assume that it could go up in the next couple of weeks.
It is risky because if you wait till the expected date then the price of Bitcoin could go down and you would need more to convert.
I have seen it before some of my friends and even my brother waited the price of crypto to drop down to gain more crypto but it went the other way.

Topic: Sigh... Do i need to hold and sell it later or now? Quite tricky situation. - page 3. (Read 863 times)