There is no right answers here.
If you have some extra money and believe that Bitcoin bull run has just begun, buy more Bitcoins.
If the situation is completely different for you, sell it.
Topic: to sell or buy BTC? - page 5. (Read 1008 times)
Follow the market and have a good analysis and observation !! It has been said over and over again that 2021 will be the year of cryptocurrencies. Judging by the current market, Bitcoin seems to be experiencing a decent downside correction. If you believe in the rise of Bitcoin and are financially viable, then HODL! However, if you are not able to do this financially, it may be better for you to sell without much loss. If you bought it at over 40,000, we advise you to think twice before selling at such a decline.
Bitcoin price is now at $ 35,000 meaning Bitcoin is experiencing a correction. This is a good opportunity to buy Bitcoin again, because I see Bitcoin
support price at $ 35,000 is quite strong. It won't be long before Bitcoin will be back at $ 40,000 again. So if it returns to the price of $ 40,000,
it's best not to sell the Bitcoin that we had. Because based on my predictions, after Bitcoin correction, usually there will be a pump that is much
higher than before. So the next target Bitcoin will go up to the price of $ 45,000. My advice is to sell some of the bitcoins we have when reach
$ 45,000.
support price at $ 35,000 is quite strong. It won't be long before Bitcoin will be back at $ 40,000 again. So if it returns to the price of $ 40,000,
it's best not to sell the Bitcoin that we had. Because based on my predictions, after Bitcoin correction, usually there will be a pump that is much
higher than before. So the next target Bitcoin will go up to the price of $ 45,000. My advice is to sell some of the bitcoins we have when reach
$ 45,000.
In these situations, it is to buy more bitcoin as the price is down deeper for more than $4,000. But the downtrend still happens in the market, so that needs to analyze more to find a good time to buy. We can make a few orders buy at any price range, so when the price is down for more, we can buy back again at a low price. We don't have to buy at one order buy with a big-money because there is no guarantee that the price will go up, so we need to anticipate when the price is down for more. That is the chance for us to get more bitcoin at another lower price.
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?
What are the suggestions & opinions of all of your friends who are here?
If you obtain that bitcoin previously(around 6months to 1 year ago) then it is best to sell it this time and the scaling of price from that time to the present one is too large that you can get a huge sum of profit. Or you can still wait for it to increase in price more but we can't be sure what would be the peak price that time and may have a drastic fall in the future.
Last months, while bitcoin grew, I bought it and hodl in the hope of growing it to 50k and higher. But today I sold a small part because it dropped to 36k. I don't know if I did the right thing, but if I see bitcoin rise again, I'll continue to buy and hodl.
In my opinion, those who still hold bitcoin are still holding it, but if it is needed for an important purpose, sell immediately,
and regarding whether or not to buy bitcoin is priced now, in my opinion, it depends on your own. I mean if you buy bitcoin now and intend to invest long-term it's worth it, but if you intend to invest in the short term then I suggest not buying because it is very high risk.
and regarding whether or not to buy bitcoin is priced now, in my opinion, it depends on your own. I mean if you buy bitcoin now and intend to invest long-term it's worth it, but if you intend to invest in the short term then I suggest not buying because it is very high risk.
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 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.
I say SELL while bitcoin is still not crashing totally ( or is it? ) . I sold mine Friday , and now see gold prices crashing , I'm buying it once it stops its free fall .
It's funny how it can be crashing and not crashing on the same day.
You guys are falling victim to fear that charts set to small time periods create. There's really no reason to watch 30m or 1h Bitcoin charts unless you're a trader. Watch 6h charts or 1d charts and you'll be emotionally healthier.
The answer to OP's question is the same as always. Need fiat to buy something? Sell BTC. Got fiat, don't need it? Buy BTC!
Well, if you dont need your money now I suggest toa hold, but if you badly need your money I suggest selling half your bitcoin holdings and the remaining half just to hold. Some of my bitcoins are still holding, I did not think to sell at any point because I hold for the purpose of keeping them in a long term. But it's up to you, that is your bitcoin, but if you want more profit in the future I suggest to hold for more at least another year. Or, if you will see your profit were there just sell the half and that is fine.
I think now the right time to sell your Bitcoin because this is already huge pump now time to dump Bitcoin's chart shows it headed for a big drop in the new year
I don't think so, just hold for me.
I think now the right time to sell your Bitcoin because this is already huge pump now time to dump Bitcoin's chart shows it headed for a big drop in the new year
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?
Your question isn't that hard to answer. Do you want to profit? sell. It's all you have to do but if you have plans for more than the price we have today, sell only what you like to take in cash.What are the suggestions & opinions of all of your friends who are here?
We still have a long way to go before selling entirely your bitcoin stash or at least leave some bitcoin at your stash for future proofs.
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?
What are the suggestions & opinions of all of your friends who are here?
Well that completely depends on your preference/target. Like some investors were just targeting to sell on the next ATH which was above $20,000 level, and some were targeting a 6 digit figure.
Now, If you want to harvest your profit now, which is for sure you do If you bought some Btc even early in 2020, then sell it. But always remember Bitcoin has been increasing every year, and every 3-4 years Bitcoin tends to have a bullrun in the post halving. Just try to imagine how much profit you make in the next 3-4 years specially when Btc reaches a hundred thousand dollars.
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?
actually everything returns to the owner of the bitcoin, is there currently no urgent matter to require fiat money to be used as a purchase which is also very important. if there is nothing clear is to keep your bitcoins stored because bitcoins are still increasing from day to day and it is likely that they will probably be up to 3-5 times from when 2017.What are the suggestions & opinions of all of your friends who are here?
If you have capital that is not used for other purposes it is a good thing if you want to buy again but wait for the moment when bitcoin goes down, we know that bitcoin can go down quite sharply in a day and can go up again. at times like that you are ready to buy it.
I say SELL while bitcoin is still not crashing totally ( or is it? ) . I sold mine Friday , and now see gold prices crashing , I'm buying it once it stops its free fall .
BUY. Of course BUY. 100K will be the base of next BULL cycle. Anything below 100K is a BUY right now for BTC.
I think Bitcoin should be treated as a risky long term investment.
It's risky so only invest money you can afford to lose.
It's on a bull run right now so there is a chance of pullback, so definitely only invest now expecting a return in 3 - 5 years.
Treat it like a normal investment and not a get rich quick scheme.
It's risky so only invest money you can afford to lose.
It's on a bull run right now so there is a chance of pullback, so definitely only invest now expecting a return in 3 - 5 years.
Treat it like a normal investment and not a get rich quick scheme.
I am sure you will not get the exact answer here but rather you will get mixed opinions, hence ei would suggest you to go along with the market flow by setting the lower limit as 10% and sell off if the value drops by 10% or more, make arrangements like reminder in various price notification applications to keep yourself updated. By this way you will gain all the profit if the value increased and you will minimize loss as well.
this is a very hard question to be answered because it's something "personal".
Anyone has personal finance and should always invest wisely taking profit when it's the right time.
But I think that if you have enough money that allow you to live without exchange this btc or you don't have any big expense ready to be made, it's not the right time to liquidate this asset now... ok taking profit, but the perception of value has changed. Now 1 btc = 1 box in a big city!
what if 1 btc = 1 apartment? So I think that until it's possible ... the best answer is HODL!
Anyone has personal finance and should always invest wisely taking profit when it's the right time.
But I think that if you have enough money that allow you to live without exchange this btc or you don't have any big expense ready to be made, it's not the right time to liquidate this asset now... ok taking profit, but the perception of value has changed. Now 1 btc = 1 box in a big city!
what if 1 btc = 1 apartment? So I think that until it's possible ... the best answer is HODL!
I think it's a buy-buy for Bitcoin in 2021. My advice is based on the fact that 2021 is a post halving year and every post halving year had seen Bitcoin rise astronomically in value. Whatever happens after that was what we saw in 2018-2019. So, for the time being just find a great entry level and buy once you sight a correction.
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