to sell or buy BTC? - page 4. | Bitcointalksearch.org

error08

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Quote from: Joyawan13 on January 10, 2021, 11:58:32 AM

what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?

The fear of missing out when the price of bitcoin increase rapidly and regret when selling too early or too late are some feelings that we have to deal with.
Bitcoin price supposed to increase this year, some say up to $250k but I would assume $100k, it's better if bitcoin can increase more than that obviously.
Therefore, if you don't need to sell bitcoin, don't sell it until it reaches the peak refers to your perception, rather accumulate more coins into the wallet.
If you are a trader in order to maximize the profit, buy and sell at your will but don't regret the wrong-call that you may make.

Raflesia

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Bitcoin is now undergoing a slight correction so still don't panic in a situation like this it's much better to buy because I'm sure it won't be long and it will return to normal, I have prepared to buy below 32k if it is true it will go down and I will definitely hold on for longer because bitcoin is already high on its own, the correction is now not long before but it's just that if you have been firm in your stance, it's better not to sell during conditions like this, like there is a term to secure your assets to USDT rather than experiencing losses for me this is wrong if you hold you are strong.

LUCKMCFLY

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What I would do in my personal opinion is, if I had how to buy Bitcoin I would do it, it does not matter if Bitcoin falls in price, I would wait as long as necessary because I have the conviction that it will rise even more, and I would have another Bitcoin to speculate on it. market.

Becky666

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Basically, those who are not planing to hold Bitcoin on a long term should sell their coins now becasue the market will definitely experience some sell off soon. With the above statement, i personally buy some few bulk of bitcoin which i intend to keep against the future because the future of Bitcoin has now be made clear for everyone that, it will be a good store of value both for the governments and individuals. Though if you are thinking that Bitcoin has been over bought, please sell for profit to avoid BP.

darewaller

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I would say right now is to hold period. If you do not have any bitcoin, do not buy a lot, if you want you could get in like 50-100 bucks if you want to but that's it, do not get in too much, only like 5% of your money that you can spend right now.

Secondly and more importantly we are talking about not selling right now, if you have bitcoin, do not sell it, because it may still go higher, and if you want to sell you can still wait for it to crash and sell before it crashes, instead of selling right now.

All of these together would be a lot better. That is the point right now, it is the point of "do not buy a lot, but if you have it do not sell a lot neither" period, which is a difficult situation to be in as well. I personally think it is quite nice that we are this high, and as long as we can stay at this price there is nothing to worry about, even if we do not go higher.

Shasha80

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Because I believe Bitcoin will hit the price of $ 50,000 then I am still HODL Bitcoin until now, and won't sell my Bitcoin until I reach my target.
In fact, I have bought Bitcoin again when the Bitcoin price a few days ago corrected to a price of $ 32,000. And now the Bitcoin price has started
to go up again and is at a price of $ 37,000. Hopefully the Bitcoin price can return to $ 40,000 in the near future. So getting closer to the price of
$ 50,000 which is the sell target that I have set.

culuuton

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Quote from: Joyawan13 on January 10, 2021, 11:58:32 AM

what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?

We would be rich now if we had bought it last year, that is a sentence many people often joke when talking about bitcoin. Of course, you should buy more and hold bitcoins for the long term, it is the best way to avoid regrets.

LogitechMouse

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2 scenarios that you will see.

1. If you see that Bitcoin will rise in the long term then just buy it at any price you want. It would be better though if you will wait patiently until Bitcoin makes a correction.
2. Sell if you want to have some money again or you are seeing that a correction might happen anytime soon..

Overall, like most of people said here it will always be your decision into whether you will buy or sell after all it will be your money that will be at risk not ours. Know how to read charts, learn at least the basics of TA and don't listen to news

.

Question123

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Price is quiet rising now and it is really think it will rise again and if remember the price last few days ago dump that causes to other investors to sell their bitcoin but as goods news we are able to see again pumping the price and I believe we should hold our bitcoin for more months because this year more the speculation to the bitcoin value is increasing or good prediction other said upto 100k dollars.

Kelvinid

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That could be subjective and that will depend on how you are looking forward to the market situation in the future.

I may sell it because I am now profiting and I need to secure my fund from losing when the dumping scenarios have come. This could be one factor helping me to decide and might be helping you as well.

I want you also to know that investing in Bitcoin is not just all about selling because we saw a better price and high return. Institutional investors are preparing for a huge demand and high price in the coming years and that they are just holding it rather than selling. And if we have this gut, following them is another option to take.

Ridwan Fauzi

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The best suggestion is believing to your strategy, you have to make your own analyst and you have to make all decision base on your strategy. By doing that you will never find a situation where you just regretted what has done by you, you will never regret that your strategy is going wrong and make you lose even a lot of money.

My strategy for this situation is buying the dip and sell when its price closely touch the previous high price. And when the price passed the previous high I will buy more and set the target price using fibbonaci expansion. Indeed, buying bitcoin at the current price is worried enough, you will never know that the price could fall sharply like has happened two days ago. But, it was just happen for a while and bitcoin increase will touch the previous high price.

Fatunad

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Quote from: Yamifoud on January 10, 2021, 05:53:59 PM

Check yourself first and ask some questions...

Am I in need of money this time?
Or, I am already profiting a lot, is this enough?

It for sure you can answer these questions and I believe that you know already your position. If you have that kind of contentment in your self, you probably make a decision to sell it. But of course, it was your decision and that be sure you have already been thinking it for several times and say no regrets after.

Am i need of money this time? Yes, i do need but i do still have some money to sustain or for living and of course, money for investment is an another thing.

When buying out btc then you do particularly talks about long term investment and dont ever risk out into your life money savings because this doesnt give out guarantees.

Profit is enough? as long you do seem to be worth to pull it off or just wait for some time.

lepbagong

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Quote from: ?? on ??

I see the bitcoin market as if it has touched the highest value, maybe this has started to fall in price, but we hope that this has not happened, the price of bitcoin, hopefully it will get better in the future.

What you predict is of course also believed by some crypto followers, because we know that bitcoin has not reached the maximum value predicted when viewed from the halving, but predictions can change and we don't know, looking at the correction that was at the beginning in the year it appears that bitcoin gives a signal to not going down but waiting for the momentum to go up again and we will wait for that.

now it is up to you to determine whether you are doing, selling or going to buy. if you want to buy now where bitcoin is stable is the most important. if your intention is to sell it is suggested to wait a few more moments to do that.

AniviaBtc

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Quote from: mk4 on January 10, 2021, 12:01:22 PM

If you think bitcoin will continue to rise in price in the long-term, obviously, buy.

If you think bitcoin has peaked in price and/or if you think there are other better investments out there, obviously, sell.

This is really a straightforward reply to the OP's question and I think that buying and selling bitcoin depending on the situation will really help you to have answers.

Bitcoin can be invested either for a long-term or short term investment depending on your plans and strategies.

When you want to make it just like gold then buy and hold for a long period of time but if you want to have much more profits then sell right now. While it is still making upward movements in the market because when bearish market exists, that's the time where you will regret everything you've done before.

So think right now, and be careful about the decisions that you will be doing with your bitcoins.

STT

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Its under the weekly average now so its definetly a correction of some kind rather then just a volaile blip forgotten within the range of a 4hr candle. Long time ago but last year about this time it made a new high even after leaving the bullish trend, its not likely to go down all at once. My first guess at a fairly solid low was 27k area and this 33k area is a definite maybe and really quite light still. If it settles above 33k then barely anything happened, 27k will take a bit more time. Either way it's adjusting after much gains and will likely continue to go back up at some point, the only hard part is calling how far that goes and so I dont think its really finished yet.

slapper

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It depends on your choices. If you are a pure investor who has a strong belief in bitcoin, continue to buy bitcoin is the best option for you. By amassing bitcoin over and over, you can have a large amount of bitcoin in the future where bitcoin can be used and treated as a currency.

If you are a trader, we do not really care about the price of bitcoin or anything related. The only thing we want to achieve is to earn more and more money by trading bitcoin daily, weekly, or monthly. By doing so, we can generate our money actively and having more and more money ( or even bitcoin) in a short amount of time. This is riskier than holding bitcoin because you will not always win. And if you are a reckless trader, carelessness trade can lead to losing all of your money.

Reid

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If you sold your coins at $40k and bought hours ago at $32k then you are one hell of a lucky bastard. Grin

It's volatile.
It's difficult to achieve a perfect choice. The risk will always be there.
I can't say you should buy more since I don't want to be the one being blamed when the price suddenly falls.
It will always be an individual decision.

ene1980

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Quote from: Yamifoud on January 10, 2021, 05:53:59 PM

Check yourself first and ask some questions...

Am I in need of money this time?
Or, I am already profiting a lot, is this enough?

You need to have an assessment about the market as a whole when you take these decisions as well, you need to identify the general market landscape and see whether you can diversify your portfolio in other markets as well or your plan will be to take some profit and reinvest when there is a market correction. I do book my profit every now and then and with the alts rising again i am planning to offload everything and concentrate only on a few coins rather than having a vast portfolio.

One thing is certain i will not be investing when the market is riding high, i will wait for the market correction before making my decisions.

raidarksword

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We hold bitcoin for long term because we want to make profit from it when the time is right and I don't blame people to sell because that's their investments they are taking profit with. It's just like doing a trade, buy low and sell high scenario will be the strong point of why we are in crypto industry to make profit and make adoption.

Joyawan13

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Quote from: fiulpro on January 10, 2021, 12:56:12 PM

Quote from: Joyawan13 on January 10, 2021, 11:58:32 AM

what should we do if we have some bitcoin at this time, regarding the increase in bitcoin prices that we see today, of course the value is very high compared to the increase in the past years, so do we have to sell some bitcoins at the current price, or even we add value to the amount of BTC that we have today by buying it at the current price for us to store for quite a long time ,?
What are the suggestions & opinions of all of your friends who are here?

Hello
This is the most popular question now a days. Since the price is rising drastically people assume that it's going to fall as fast but at the same time the tweets suggest otherwise. I do believe :
It's a personal opinion.
If you want to hold for the long term that means even if the price decreases you can easily encash them later in the future but right now if you think you cannot afford to loose financially then you should sell.
So if you can hold: then HOLD !
If you cannot for the long term and your financial situation is bad : Sell!
It's better to be safe than sorry ! Is what I believe in. Plus you have to analyze your financial situation too , how much you have saved up and how much your family needs therefore it's all on you. Best of luck !!
Make a good analysis and keep a track of the market!!

yes thanks for all your advice and opinion, of course I will sell some of what I have at current prices, and I will choose to keep most of what I have, because I believe bitcoin will be able to increase the price even higher more than now, and even if there will be another decline, of course I will buy it back to save for a longer period of time.

Topic: to sell or buy BTC? - page 4. (Read 1083 times)