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Topic: Time to sell my BTC? - page 2. (Read 3628 times)

member
Activity: 308
Merit: 31
Your Data Belongs To You
April 04, 2021, 04:06:28 PM
The good signal to sell your BTC is when you will see a weekly M on the chart.
member
Activity: 714
Merit: 16
April 04, 2021, 04:04:05 PM
This depends on the purpose for buying this bitcoin in the first place with the amount you claimed that you purchased, if the reason is to sell immediately to buy other altcoins so be it but I think you should be wise in any decision you want to make as regards this the final decision is what do you want because this is your money.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
April 04, 2021, 03:47:56 PM
As far as I am concerned I would recommend that you hold for a little longer. I think this is not yet the right time to reap your profits - provided you only invested a very small amount of money. I mean several hundreds of dollars worth of bitcoin should give you a decent amount, but not enough to cover you for a long time. But if you have invested very big then by all means, try to reap the profits and then reinvest again once there is a dip. I would think that you will be able to secure so much money out of it.
hero member
Activity: 2912
Merit: 627
Vave.com - Crypto Casino
April 04, 2021, 12:13:31 PM
I think your investment is $ 9000. So sell bitcoin and withdraw your investment, you can take profit from it, if you want
That's a very short run if he has to sell it right now but still, if you make a profit, that's a profit.

because the price of Bitcoin is making history. You can hold the rest.
He can sell and get back his capital if he wants to have it and don't touch the remaining amount as he withdraws.
full member
Activity: 644
Merit: 101
Ecowatt.io
April 04, 2021, 11:54:13 AM
Hello. My opinion is that Bitcoin is not worth selling at all, at least most of it. As trite as it sounds, it is a super-asset that can explode in price in a matter of minutes. Bitcoin - now and Bitcoin of 2017 - are different coins. Now famous people and funds are actively investing in it, with a fixed amount of this asset, it will not be enough for everyone. I am sure that the price of Bitcoin will surprise us more than once, both by going down and by frantic ups. It sounds like a hamster philosophy - but I don't want, having sold Bitcoin for 60K today, wake up tomorrow and find the price of 160K, 560K .Good luck everyone.
member
Activity: 509
Merit: 43
April 04, 2021, 09:48:31 AM
I guess OP made a pull out already because of its latest All-time high but I guess it's too hard a decision because this time there's speculation for another all-time high and just the bitcoin takes a lot of corrections but too hard to say that the bitcoin will reach more price than the existing right now it's too hard to predict the market price if you have a strong hand and trust to the bitcoin there's a chance you will get more than this.  There's another coin that can help to double your profit right now.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
April 04, 2021, 04:06:37 AM
So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?
No time you sell your Bitcoin is waste because keeping the coin will be more preferable than selling at this point, even purchasing alternative coins is another tangible plan which can equally lead you into profit if really you purchase the one that within interval of three month's it can come up to the market, but as a beginner I think the Best option is to transact with Bitcoin, which is buying Bitcoin and hold for future purpose, looking at Bitcoin from another perspective its quite understood that Bitcoin don't have a fixed price, which the coin  purchase today  with $100,  within some months the value of the coin will no longer be affordable with such amount, so coins is good to buy and hold.
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
April 04, 2021, 02:34:57 AM
So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?
You must have a clear goal before selling it, Understand and consider the return you want from investing in bitcoin. These considerations will give you idea when you want to determine the best price to sell it. Understanding and careful consideration will be the right guide when you make a strategy.
If the profit you get has reached the point you are targeting, You can sell half of the assets you have, and you can prepare back the money you had whiled the correction was taking place.
member
Activity: 1148
Merit: 58
April 04, 2021, 12:52:29 AM
So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?
Wait , But How much Bitcoin Have you Bought ? because what you mentioned is the value of Bitcoin and not how much have you purchased?

If you only Bought small amount then Why rush ? Just let it there in your wallet for a couple of years more .

It will be safer the longer you have.

especially we are seeing the altcoin dominance in the marketplace that is an indicator that we are now in the alt season.

those around in 2017 know that we are hardly in an alt-season. the bitcoin dominance metric has become largely meaningless because there's so many new coins being added to the index, serving as inflation for the altcoin dominance
There is No such thing as "Alt Season" , that is the Biggest Joke i ever heard.

The 2017 bubble is Manipulated and not like this year in which we are in Real Market value.
member
Activity: 184
Merit: 65
April 04, 2021, 12:49:20 AM
So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?
I think your investment is $ 9000. So sell bitcoin and withdraw your investment, you can take profit from it,  if you want because the price of Bitcoin is making history. You can hold the rest.
jr. member
Activity: 95
Merit: 4
April 03, 2021, 09:01:53 PM
especially we are seeing the altcoin dominance in the marketplace that is an indicator that we are now in the alt season.

those around in 2017 know that we are hardly in an alt-season. the bitcoin dominance metric has become largely meaningless because there's so many new coins being added to the index, serving as inflation for the altcoin dominance
jr. member
Activity: 95
Merit: 4
April 03, 2021, 08:38:51 PM
If this exchange will incur a tax liability you are purely insane to consider selling. Unless you want to buy a house/car whatever. (but then just borrow against it) selling btc, paying tax, and buying another asset is pure stupidity
hero member
Activity: 2926
Merit: 722
April 03, 2021, 07:55:10 PM
So I bought BTC at £9000, made a nice amount. Is it a good idea to now sell this and move that money into alt coins? or should I  sell half BTC and buy back in after alt season is finished?

What do you think?
What are the alts you've been planning to put those profits that you had gained in BTC? Its good that you had able to buy into those low levels and considering on the current
price then you had really make some nasty profits on there.

Risk management what matters here because not all would have the same thinking about their investment.If you do look that there are some coins which are worth
to invest on then go ahead.As long you are aware with the risk on investing on alts then its a good thing.

Sell your btc while price is still on peak and dont waste up that opportunity.
member
Activity: 700
Merit: 14
April 03, 2021, 07:47:10 PM
Sell a little by little if you don't need much money.

You take the profit and you still keep some bitcoin in your possession. Until the price goes high, you rinse and repeat that strategy so every up, you get to sell bitcoin at good prices.

But it's best if you have left a portion for long term hold.
You are putting it all in bitcoin.  Even though the value of bitcoin is at a high level and it has yet to show signs of going down.  Congratulations on making a good profit with this great decision.  Especially in this situation, my treatment would be to sell 30% to future altcoins in the form of Link, Dot.  Dot has made efforts to change the new ATH and is highly regarded as the version of ETH in the future.  While Link has creativity, mutations are a giant store of energy to explode.
sr. member
Activity: 1876
Merit: 318
April 03, 2021, 07:27:43 PM
just sell some and buy altcoins or you can save them for future investment bro, bitcoin is now crazy, especially since elon musk entered, lots of big companies have followed suit
A lot depends on the behavior of the bitcoin price in the coming weeks, and if there is confidence that the bitcoin price will remain at current levels, then it is really worth selling some and buying altcoins that have a good growth potential. Only it is necessary to take into account such a factor that with a potential collapse in the price of bitcoin, the fall in the price of altcoins will be even higher.

I agree that we still have to monitor the Bitcoin price for the next few weeks, if Bitcoin are still a side away like now there is no problem selling
some bitcoins to buy altcoins. Because if we buy altcoins too early, it can be very risky, especially that buying altcoins that have low volume is
highly discouraged. Because the price of altcoins is very much affected by the price of Bitcoin, we should find the right time to buy altcoins.
Don't rush investing in altcoins, if the price of Bitcoin falls, the price of altcoins usually falls even further. So my advice for now is still holding
Bitcoin we have. Watch Bitcoin movements for at least the next two weeks.
legendary
Activity: 2142
Merit: 1012
April 03, 2021, 07:12:56 PM
just sell some and buy altcoins or you can save them for future investment bro, bitcoin is now crazy, especially since elon musk entered, lots of big companies have followed suit
A lot depends on the behavior of the bitcoin price in the coming weeks, and if there is confidence that the bitcoin price will remain at current levels, then it is really worth selling some and buying altcoins that have a good growth potential. Only it is necessary to take into account such a factor that with a potential collapse in the price of bitcoin, the fall in the price of altcoins will be even higher.
sr. member
Activity: 630
Merit: 250
April 02, 2021, 08:46:38 PM
just sell some and buy altcoins or you can save them for future investment bro, bitcoin is now crazy, especially since elon musk entered, lots of big companies have followed suit
full member
Activity: 854
Merit: 100
April 02, 2021, 08:25:06 PM
If i'm at your position i just gonna sell it and turn it into another alts with good prospect like ARPA, ROSE and there so many more good alts who gonna grow drastically in the next few years.
sr. member
Activity: 1162
Merit: 253
April 02, 2021, 08:22:12 PM
Better to sell half your bitcoin and enter a few percent of the dialtcoin season has come rather than holding in one pair, the profit is less in my opinion
full member
Activity: 1316
Merit: 104
CitizenFinance.io
April 02, 2021, 07:31:51 PM
Selling BTC for alts is somehow risky as BTC is deflatory and has over 60% of the total market capitalization of the crypto space, meaning it is more reliable than any other token or coin out there. It is a wise choice not to sell entirely but hold a large portion
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