Time to sell my BTC? - page 4. | Bitcointalksearch.org

JohnBitCo

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Quote from: Sithara007 on March 24, 2021, 12:03:14 AM

Quote from: Mr.sprin on March 23, 2021, 11:24:04 PM

you are very fortunate to have bitcoin in your wallet, now you can become a new rich person, the choice is yours, you want to choose to sell it is good and choose to hold is also good, but my advice is that you better sell and buy other potential alt or new alt that's a very good idea. good and to double the money

Yeah.. this is like the worst advise at this point. Rather than "doubling" your money, you will most probably end up losing all of your capital. What happened to XRP is just a trailer of things to come. In the coming months was can expect more and more altcoins to go down, similar to Ripple. The best thing to do is to hold on to your BTC, without diverting any of it for the purchase of shitcoins.

Yeah selling all your bitcoin for altcoin is really a bad decision and should be avoided. Either keep holding all your bitcoins as it is the safest investment and this is not the peak of bitcoin. Also note that if you still want to buy some altcoins then you can keep 50% of the money in bitcoin and invest the rest 50% in the good altcoins.

Mr.sprin

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I think you sell bitcoin and buy alcoin. I think it's alcoin season and you will get a lot of profit from trading alcoin. Good luck.

rosebrand

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Wow you bought bitcoin at a low price very low compared to the present price which means you have really earned alot profit from holding the bitcoin you bought, for me I will suggest that maybe sell part of your bitcoin and then look for a coin which got a very good potentials which has been really doing well for a long time, buy it and hold along with the bitcoin you got because that new coin will surely fetch much profit than bitcoin since it's still low in prices, bitcoin will surely keep pumping but will fetch you profit depending on how large the amount you hold.

bitzizzix

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Quote from: yohananaomi on March 25, 2021, 03:30:31 AM

Quote from: Mr.sprin on March 23, 2021, 11:24:04 PM

you are very fortunate to have bitcoin in your wallet, now you can become a new rich person, the choice is yours, you want to choose to sell it is good and choose to hold is also good, but my advice is that you better sell and buy other potential alt or new alt that's a very good idea. good and to double the money

both are equally good, if you feel that what you get from bitcoin is worth selling, just do it. but if possible, just part of it to find other alternatives such as new altcoins which currently have quite a lot of potential. from there you will get a hefty profit too.

if you don't sell it is also very good, because reportedly @elonmusk will buy more bitcoin which will make bitcoin prices go up again like the end of last year which still impacts until now. the effect of @elonmusk will be felt again if the news is true, and right if you don't sell it.

everything now depends on you because who has you and who will experience it yourself, so be confident to be able to determine the next step.

My advice is that you better save it and only make sales according to your needs and that also if you really need it the good news that has happened will multiply the new profits once you made the previous big profits.
I think there are still doubts about shifting your profits to altcoins except the top altcoins, and if bitcoin is more profitable, it's better to stick with bitcoin as a whole.

btc78

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Quote from: trigger1975 on March 24, 2021, 11:59:29 AM

Quote from: PointHope on March 22, 2021, 02:28:25 AM

Elon Musk is about to buy another $10 billion.

Is there any proof out there that he really bought and did not just announce to buy?

Who Owes you proof? This is a Free forum and everyone can post what he wanted and what he thinks so Let Those Leave their pick up issues outside as long as this not violates the rules right?

And besides we Knew how Elon Musk is Trolling the whole crypto market , He wanted to prove how powerful His words is as there are many Stupid Noobs that believes everything he mentioned so the market Moves within .

I hate saying this but that is what reality says here.

Quote from: John Jefferson on March 24, 2021, 04:15:19 AM

I suggest you wait and see for a while. There is still a lot of upside to bitcoin right now, and you can use your spare money to invest in alternative cryptocurrencies. There are a lot of institutions buying up bitcoin right now, so you should consider not selling it.

Lol, Greedy Attitude? Will wait and wait until the price drops like now when he asked this back when the price is at 60k?

yohananaomi

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Quote from: Mr.sprin on March 23, 2021, 11:24:04 PM

you are very fortunate to have bitcoin in your wallet, now you can become a new rich person, the choice is yours, you want to choose to sell it is good and choose to hold is also good, but my advice is that you better sell and buy other potential alt or new alt that's a very good idea. good and to double the money

both are equally good, if you feel that what you get from bitcoin is worth selling, just do it. but if possible, just part of it to find other alternatives such as new altcoins which currently have quite a lot of potential. from there you will get a hefty profit too.

if you don't sell it is also very good, because reportedly @elonmusk will buy more bitcoin which will make bitcoin prices go up again like the end of last year which still impacts until now. the effect of @elonmusk will be felt again if the news is true, and right if you don't sell it.

everything now depends on you because who has you and who will experience it yourself, so be confident to be able to determine the next step.

trigger1975

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Quote from: PointHope on March 22, 2021, 02:28:25 AM

Elon Musk is about to buy another $10 billion.

Is there any proof out there that he really bought and did not just announce to buy?

Expecto

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Quote from: Houdini76 on March 10, 2021, 01:59:48 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?

First of all, it is in your control. Everybody has different strategies in this market. If I were you, I wouldn't sell half of my BTC but a little of them would be sensible to enjoy spending on something. Grin

When it comes to altcoins, it is really hard to make a decision among them as there is a bigger risk there. You should analyze them very carefully to make a good choice.

taufik123

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Quote from: Vishnu.Reang on March 24, 2021, 09:07:47 AM

Out of the 10,000 or so altcoins out there, less than 1% have any real usage. The vast majority are kept alive by their promoters, so that they can profit from pump-and-dump cycles every now and then. Once the coin is no longer suitable for this pump-and-dump strategy, they will exit the coin and those who hold it at that point will lose all of their capital. If you want to invest in Cardano or Binance Coin, I don't have anything against these coins. They have real life usage and future potential. But that is not the case if you are making an investment with coins such as Anyswap, Mithril or Rewardiqa.

Indeed, only a few coin projects have any real use. thousands of other altcoins are just speculative with no clear purpose for what they are made of.

I agree with your opinion about investing in Binance Coin (BNB), because BNB has real users and has an important role to play for the Binance Exchange. Coin Exchange is popular today with many other projects joining Binance.

Bitcoin remains the main thing, selling bitcoin can be done when it is profitable. Buying and holding is also very good if you have a target that is bigger than the current price.

Vishnu.Reang

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Quote from: xceltoken_plus on March 24, 2021, 08:12:27 AM

You can do this, but the problem is that there are very few altcoins that have experienced a large drop in value; instead, the majority of altcoins are increasing in value.

And holding onto altcoins would be better because the price of an altcoin can become 5 times of its value in a year but that is very unlikely with bitcoin attitude this point.

It's entirely up to you, and it all depends on the circumstances. In my opinion, coins should be sold and purchased as much as possible because it keeps the market alive. However, you should trade carefully and make fair decisions.

Out of the 10,000 or so altcoins out there, less than 1% have any real usage. The vast majority are kept alive by their promoters, so that they can profit from pump-and-dump cycles every now and then. Once the coin is no longer suitable for this pump-and-dump strategy, they will exit the coin and those who hold it at that point will lose all of their capital. If you want to invest in Cardano or Binance Coin, I don't have anything against these coins. They have real life usage and future potential. But that is not the case if you are making an investment with coins such as Anyswap, Mithril or Rewardiqa.

geegaw

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Quote from: Sithara007 on March 24, 2021, 12:03:14 AM

Quote from: Mr.sprin on March 23, 2021, 11:24:04 PM

you are very fortunate to have bitcoin in your wallet, now you can become a new rich person, the choice is yours, you want to choose to sell it is good and choose to hold is also good, but my advice is that you better sell and buy other potential alt or new alt that's a very good idea. good and to double the money

Yeah.. this is like the worst advise at this point. Rather than "doubling" your money, you will most probably end up losing all of your capital. What happened to XRP is just a trailer of things to come. In the coming months was can expect more and more altcoins to go down, similar to Ripple. The best thing to do is to hold on to your BTC, without diverting any of it for the purchase of shitcoins.

This advice still has its usefulness as this is the first time that bitcoin has gone up to this price, it takes too many years to have such a price and you try to demand more about bitcoin, sometimes a counterproduction will happen and you don't know when the price will return, bitcoin has become so heavy in the next step up in price, trying to hold it would be ineffective. While the altcoin is moving very gently and has more upside opportunities, shitcoin or top coin all have opportunities during this time

xceltoken_plus

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You can do this, but the problem is that there are very few altcoins that have experienced a large drop in value; instead, the majority of altcoins are increasing in value.

And holding onto altcoins would be better because the price of an altcoin can become 5 times of its value in a year but that is very unlikely with bitcoin attitude this point.

It's entirely up to you, and it all depends on the circumstances. In my opinion, coins should be sold and purchased as much as possible because it keeps the market alive. However, you should trade carefully and make fair decisions.

wack slacker

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Quote from: peterpanda on March 23, 2021, 01:43:11 PM

Quote from: wack slacker on March 23, 2021, 10:42:40 AM

Selling BTC at £ 50000 is a good idea when you've bought them for a very good price of around £ 9,000. Take profit is important in any trade and I am confident that everyone will have to take profits to control risk. Bitcoin may go up even higher, but in terms of the rate of return now to the next, it is no longer attractive because they need a large amount of money to buy to increase in price.
You can either wait to buy bitcoins at a lower price or choose any other crypto that is good enough to hold and deliver better returns.

But what will happen if the price of bitcoin goes to 100k? Panic sell is not the right decision and for better profit, we should wait patiently.

Waiting is always good for an asset like Bitcoin. What I want to say here is that maybe Bitcoin will drop in price and buy back at a lower price than waiting for a huge amount of money to pump up to $ 100k.
If you use the money cash out from Bitcoin to invest in some other assets, you can bring a better return than Bitcoin. Between $ 50k and $ 100k is just x2 while there are dozens of altcoins out there that might give a better return.

John Jefferson

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I suggest you wait and see for a while. There is still a lot of upside to bitcoin right now, and you can use your spare money to invest in alternative cryptocurrencies. There are a lot of institutions buying up bitcoin right now, so you should consider not selling it.

Twentyonepaylots

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With the caution that you'll save sime of your investment and or buy back, of course. Otherwise you'll be tremendously missing out on important stuff like this. You witnessed first hand how awesome this coin is and you also get to reap the benefits, there's no point to stopping now, a wise investor is someone who saves more and spends less.

Quote from: ?? on ??

no selling. I can get the meaning of your selling bitcoin and then buy it back. what's that for? make some contribution to gas fee? HODL and I promise that you won't regret for it!
any altcoin won't defeat bitcoin.

Dude, you can't just tell him to not sell his hodling lol. If he wants to spend it on something let him do it. Long as he's buying back, there's no point in us prohibiting him to sell his earnings.

slaman29

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Quote from: Mr.sprin on March 23, 2021, 11:24:04 PM

you are very fortunate to have bitcoin in your wallet, now you can become a new rich person, the choice is yours, you want to choose to sell it is good and choose to hold is also good, but my advice is that you better sell and buy other potential alt or new alt that's a very good idea. good and to double the money

Probably this isn't the right way to view things. I know it's the biggest attraction for new entrants into crypto but you have to be realistic about your chances. Right now, doubling means $100k in price so that's a huge milestone and many people believe THAT will be the ATH we achieve, and then you've to wait 3 to 4 more years for the next cycle, if it comes. That's still a lot of gains of course but doubling? It won't make most people rich:)

Pamadar

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Quote from: Mr.sprin on March 23, 2021, 11:24:04 PM

you are very fortunate to have bitcoin in your wallet, now you can become a new rich person, the choice is yours, you want to choose to sell it is good and choose to hold is also good, but my advice is that you better sell and buy other potential alt or new alt that's a very good idea. good and to double the money

Everyone have thier own point of view in terms of investment,

Choosing another project is another thing once OP decides to sell and divert his earnings,
though that's really a nice way but also knowing what are the risk beyond is very important,
with the volatile market best to keep yourself engaged with project that you already entrust your fate.

Quote from: Tristan Bieber on March 24, 2021, 01:28:08 AM

I think you can invest in Bitcoin for a long time. Selling is not a good choice, but you can also sell a small portion to invest in other alternative currencies. However, in the long run, holding Bitcoin for a long time has a lot of room for appreciation. , I’ll just cite examples myself. I have invested in some cryptocurrencies that I’m more optimistic about, but if I have Bitcoin, I will not use Bitcoin funds to buy other cryptocurrencies.

That's what I'm saying, knowing what to hold is very important.
If you believe that Bitcoin is not done yet then holding is also a good choise, continue to work with
much deeper knowledge and don't stop chasing for your bigger gains.

Tristan Bieber

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I think you can invest in Bitcoin for a long time. Selling is not a good choice, but you can also sell a small portion to invest in other alternative currencies. However, in the long run, holding Bitcoin for a long time has a lot of room for appreciation. , I’ll just cite examples myself. I have invested in some cryptocurrencies that I’m more optimistic about, but if I have Bitcoin, I will not use Bitcoin funds to buy other cryptocurrencies.

xSkylarx

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Quote from: Houdini76 on March 10, 2021, 01:59:48 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?

It is really up to you if you want to sell half of it to invest on some altcoins. We can't just shill an altcoin to invest then blame us when you lose money from it. If you plan to buy some altcoins, you should research for it yourself and analyze if it's a really good project. Each of us has different point of view, like me personally since I like gaming, I invested on those projects so I can monitor it properly without forcing myself just because of high return.

Sithara007

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Quote from: Mr.sprin on March 23, 2021, 11:24:04 PM

you are very fortunate to have bitcoin in your wallet, now you can become a new rich person, the choice is yours, you want to choose to sell it is good and choose to hold is also good, but my advice is that you better sell and buy other potential alt or new alt that's a very good idea. good and to double the money

Yeah.. this is like the worst advise at this point. Rather than "doubling" your money, you will most probably end up losing all of your capital. What happened to XRP is just a trailer of things to come. In the coming months was can expect more and more altcoins to go down, similar to Ripple. The best thing to do is to hold on to your BTC, without diverting any of it for the purchase of shitcoins.

Topic: Time to sell my BTC? - page 4. (Read 3686 times)