If you are a long time hodler then it is not the perfect time to get out from market, Everyone is determined and assumed that Bitcoin's price3 will go 100K during this year.
So, only short time trader can convert their Bitcoin now to buy at deep. Already you have bought at much deeper place, so you can hold your coin until the price will break 100K price zone.
Topic: Time to sell my BTC? - page 5. (Read 3686 times)
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
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. 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.
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.
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.
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I would sell half of my BTC for USD/USDT and wouldn't touch it for now, with the other half you can buy 50% some quality altcoins which you believe in and keep the other 50% in BTC and see what happens and take your chance as bullrun most probably isn't even close to over yet, but you should always take some profits while you can so that you don't get out of your trade/investment with a loss at least.
If you want to buy altcoins, be fully diversified into 4-5 different projects with different use cases, for example do not buy/invest in 5 DeFi projects and think you're safe now, since usually every new hype whether it's DeFi, NFT or whatever else has to correct at some point and you don't want to be all in one of them when/if that happens.
Depending on how much OP has in his/her capital, the 4-5 investment could be quite big already.
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 do you think?
I would sell half of my BTC for USD/USDT and wouldn't touch it for now, with the other half you can buy 50% some quality altcoins which you believe in and keep the other 50% in BTC and see what happens and take your chance as bullrun most probably isn't even close to over yet, but you should always take some profits while you can so that you don't get out of your trade/investment with a loss at least.
If you want to buy altcoins, be fully diversified into 4-5 different projects with different use cases, for example do not buy/invest in 5 DeFi projects and think you're safe now, since usually every new hype whether it's DeFi, NFT or whatever else has to correct at some point and you don't want to be all in one of them when/if that happens.
Well it depends on your conviction, is it right timing? or do you need to hold it for quite sometime?...for further profit, its too risky but if you're sure about your decision its ok anyway you're the one who benefit it first. Just make sure you know you're in right platform to trade it to ensure or double your money.
Not exactly conviction but the willingness because if you are not willing to sell it then you don't have the conviction to do it. I suggest that weighing the risks and benefits when you sell at the current price point with you getting a lot of profit when you sell it right now as one of the benefits or in the risk part, you might be selling at the bottom of a possible peak in prices, don't be greedy.
I'm sort of battling the opposite, after a couple of years my significant other is finally understanding bitcoin and why we all believe in it.
We have come into about 35k of liquid cash and she tells me today she wants to dump it into bitcoin, as someone who has seen the rise and falls over the year, you can imagine the happy/sad feelings.
The idea of buying btc at near ATH prices kills me. I know longterm no matter what it will most likely work out but am I crazy to try and hold off until bitcoin possibly dipping back down under 20k? Wishful thinking?
Clearly whatever I do, the market will trend the opposite.
We have come into about 35k of liquid cash and she tells me today she wants to dump it into bitcoin, as someone who has seen the rise and falls over the year, you can imagine the happy/sad feelings.
The idea of buying btc at near ATH prices kills me. I know longterm no matter what it will most likely work out but am I crazy to try and hold off until bitcoin possibly dipping back down under 20k? Wishful thinking?
Clearly whatever I do, the market will trend the opposite.
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 do you think?
Are you kidding? Wait for some more time. It's going up. It will be worth the wait.
Selling half of your BTC is also a good idea since you already gained the profit from your initial capital. Joining or investing on Alternate Cryptocurrencies can make you more versatile within the Cryptocurrency Industry and that move is also another way to involve yourself into a wide variety of Cryptos.
Investing in random alternative currencies will not bring versatility but high risk. From the way i look at the market situation right now, all the major alt coins have rallied a lot and even the potential ones are trading at their all time high barring a few coins and you cannot sell your bitcoin and then invest in those expecting it to rally further . 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?
don't ever sell your Bitcoin, because in my opinion Bitcoin is a good investment to be used as a long-term investment, so instead of selling your Bitcoin, I would recommend you to still HOLD your Bitcoin, because I believe if many companies are already using Bitcoin for payments, then of course the price of Bitcoin will definitely increase higher than the current price and in the future Bitcoin will definitely be more valuable than Gold. What do you think?
You bought your BTC at a good price. Imagine holders who had bought cheaper BTC than yours and who are still holding. It depends on you because each of us has to set our own selling point, I sold mine when it was at $35,000 and I don't have any regrets since I reinvested it in altcoins.
Your call as it's still decent when you decide to sell your holdings, The market is really tough to predict but as long as you have
profits it's still counts as good trade.
You need to understand what you are doing all else, you will end up opening another thread one day calling bitcoin a ponzi scheme. If you are on it for a quick profit, I bet you enjoy this now until it last. I will only advise you to take bitcoin investment just like your bank investment. Always invest for a long time and do not put all your eggs in one basket
Invest what you can afford to lose, and always sets your expectations as the market is very volatile, when you already see
your good fortune then it's better to sell and enjoy. But if you have other things in mind make sure to handle the risk.
You bought your BTC at a good price. Imagine holders who had bought cheaper BTC than yours and who are still holding. It depends on you because each of us has to set our own selling point, I sold mine when it was at $35,000 and I don't have any regrets since I reinvested it in altcoins.
I sold out at more early stage, around ~$25,000 but I've sold nothing for over a month. Only scared of another miss. I'm still not feeling good about BTC, seems like losing momentum. Just curious to know what will you do at this stage? Are you waiting for a breakout or below these levels on BTC? 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?
Have been satisfied enough with the profit you get or you wanted more? Obviously, you are the one who could decide that but I have to say something to you that sometimes greediness gives a negative result and that might leads you to miss the chance. Selling Bitcoin for altcoins isn't really a good idea but if you just choose altcoins that could give assurance for a profit, well, that might be put into consideration. What do you think?
Well, you should try to weigh your options. Because if you don't need the money now then you might as well wait for another ATH for Bitcoin. Maybe wait until Bitcoin reaches 100k. Then you might as well try to sell only what you need. If you bought many amounts then it is a good thing to sell a little amount to get a bit of profit. But still no need to ask us because it is all over you. I will leave mine until Bitcoin reaches a good amount and then I'll buy me a business.
You bought your BTC at a good price. Imagine holders who had bought cheaper BTC than yours and who are still holding. It depends on you because each of us has to set our own selling point, I sold mine when it was at $35,000 and I don't have any regrets since I reinvested it in altcoins.
If you are a daytrader then probally you should sell when the market is there. If you a longtime holder just keep your precious BTC safe and become rich 
I think if you are not in urgent need of money, you can keep this part of Bitcoin. It seems that the upside of Bitcoin is still very high. It is not too late for you to wait and see for a while before making a decision, or you can sell part of your investment less Other currencies, but if I own Bitcoin, I will choose to hold it for a long time.
Very high probability BTC will hit $100-500k this year and 1 million 4 years from now...
Just the idea of selling now seems monstrously silly..
Elon Musk is about to buy another $10 billion.
What do you think?
certainly not the best solution if you are going to sell bitcoin at this time because obviously it will certainly harm you because bitcoin will clearly increase again this year, even it is estimated until the end of the year. of course you can conclude what price bitcoin will receive while ATH $ 61,711.87 - Mar 13, 2021, obviously it will be fantastic but at what price it is unpredictable.Just the idea of selling now seems monstrously silly..
Elon Musk is about to buy another $10 billion.
What do you think?
if true @elonmusk will buy again this will make many companies and brokers compete to also buy into an investment which will increase the price of bitcoin beyond estimates. it could even be faster than the end of last year which could be around $ 7K-S8K in an hour, which would stimulate short-term investment.
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 depends on you mate,if you badly need it then you can sell a bit and leave something to hold as bitcoins price keep on rising ,we all want here is to profit and if you sell half of it I think it's ok as long as this came from what you gain from your investments your ROI.What do you think?
Selling half of your BTC is also a good idea since you already gained the profit from your initial capital. Joining or investing on Alternate Cryptocurrencies can make you more versatile within the Cryptocurrency Industry and that move is also another way to involve yourself into a wide variety of Cryptos.
If you also need the money to buy some necessities, it is not a bad thing to convert it to cash since you already gained the profit that you need and I also like the idea of HODLing it if you really dont plan to do anything about it.
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