• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

Sell or hold ?

Josemendez

Graphic Designer
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
With the current Bitcoin price hitting the all time high of $21,000 , what could be your plan ?

Permit me to remind you about what happened some years ago , when Bitcoin reach $20,000. There was a huge decline in the price of bitcoin, investors saw the price going as low as $3,000 afterwards.

Now there is panic o we whether a similar trend will happen or not . As for me , definitely the price willfall but it won't be that much as feared ,because presently Bitcoin has many top investors ,such as MicroStrategy , who has promised that the Bitcoin the company possed will be held for long .

I am holdl , and will only sell off the interest made as compared to the price at which I bought .

What is your own suggestion ?
 

Ralphjoe

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
Well if I have Bitcoin now, I am definitely going to sell as I must have made some cool profit already, no need of being extra greedy. This Bitcoin price that I am seeing will surely fall, it's as sure as dawn for that to happen.
 

Naz Noshin

💫Creative-Artist 💫
1000 Posts Club
USD
$2.0000USD
Biznotes
0
With the current Bitcoin price hitting the all time high of $21,000 , what could be your plan ?

Permit me to remind you about what happened some years ago , when Bitcoin reach $20,000. There was a huge decline in the price of bitcoin, investors saw the price going as low as $3,000 afterwards.

Now there is panic o we whether a similar trend will happen or not . As for me , definitely the price willfall but it won't be that much as feared ,because presently Bitcoin has many top investors ,such as MicroStrategy , who has promised that the Bitcoin the company possed will be held for long .

I am holdl , and will only sell off the interest made as compared to the price at which I bought .

What is your own suggestion ?
My suggestion is withdraw profit and left the other in Investment process.
You know how much did you invest so take all profit and left your investment . Or if profit is more than investment then withdraw your investment amount and left profit to grow more.
 

Mawome

Seasoned Veteran
1000 Posts Club
USD
$0.0000USD
Biznotes
0
If I have up to 4 Bitcoin in my wallet, and the price is rapidly depreciating in value, I will immediately sell 2, and keep 2 cos I know it must surely rize again, is a matter of time. In the end I will smile again.
 

Lyrrex

Seasoned Veteran
1000 Posts Club
USD
$0.0000USD
Biznotes
0
If
With the current Bitcoin price hitting the all time high of $21,000 , what could be your plan ?

Permit me to remind you about what happened some years ago , when Bitcoin reach $20,000. There was a huge decline in the price of bitcoin, investors saw the price going as low as $3,000 afterwards.

Now there is panic o we whether a similar trend will happen or not . As for me , definitely the price willfall but it won't be that much as feared ,because presently Bitcoin has many top investors ,such as MicroStrategy , who has promised that the Bitcoin the company possed will be held for long .

I am holdl , and will only sell off the interest made as compared to the price at which I bought .

What is your own suggestion ?
If you bought lower than the current price, then you have aready made profit, you may sell off to be on a safe side.
 

Josemendez

Graphic Designer
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
If

If you bought lower than the current price, then you have aready made profit, you may sell off to be on a safe side.
Yeah. But the fear should be in both ways , what if the price soar higher after selling off ? Won't you regret your actions ? . I think to be on safer side , selling off profit will be better
 

vest1992

Guest
With the current Bitcoin price hitting the all time high of $21,000 , what could be your plan ?

Permit me to remind you about what happened some years ago , when Bitcoin reach $20,000. There was a huge decline in the price of bitcoin, investors saw the price going as low as $3,000 afterwards.

Now there is panic o we whether a similar trend will happen or not . As for me , definitely the price willfall but it won't be that much as feared ,because presently Bitcoin has many top investors ,such as MicroStrategy , who has promised that the Bitcoin the company possed will be held for long .

I am holdl , and will only sell off the interest made as compared to the price at which I bought .

What is your own suggestion ?
I think it is subjective, it will depend on each investors how much they need the money to maybe invest in something else, so it s up to each investor.
 

Kamon c4

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
With the current Bitcoin price hitting the all time high of $21,000 , what could be your plan ?

Permit me to remind you about what happened some years ago , when Bitcoin reach $20,000. There was a huge decline in the price of bitcoin, investors saw the price going as low as $3,000 afterwards.

Now there is panic o we whether a similar trend will happen or not . As for me , definitely the price willfall but it won't be that much as feared ,because presently Bitcoin has many top investors ,such as MicroStrategy , who has promised that the Bitcoin the company possed will be held for long .

I am holdl , and will only sell off the interest made as compared to the price at which I bought .

What is your own suggestion ?
The value of bitcoin is relatively related to the demand and supply dynamics. I wouldn’t sell my coin if it was me. The last time it reached $20k there was panic to sell and it hasn’t gained much popularity then but now I don’t see it dropping anytime soon
 

GoldenLady

Madly Diligent
5000+ Posts Club
USD
$4.0000USD
Biznotes
0
I will sell it. Keep my profile and leave the initial bit kin investment I made.

The price may fall but not as it did I the past, but once this frenzy of buying ends,nit might fall towards January.
 

Dubai

Familiar Face
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
Well, if you have bitcoin in large quantity this is definitely the best time for you to sell those coins as it will be a very huge gain for you. Also, you never can tell what it's value would be next month. So sell now.
 

Josemendez

Graphic Designer
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
Some time ago, the rate of bitcoin was very high for the first time, then some people said that it will last only two days and then the rate will come down, then a few days later the rate was a little lower, but we did not even think about it. It was said that the rate of bitcoin will fly so high. Seeing this speed, I suggest that bitcoin should still be safe because it seems that its price will increase further.
I believe that investors have been expecting this rise in bitcoin price for long , and now we can hope for less than for the price to keep soaring high .
 

Farhan Aslam

Addicted Member
1000 Posts Club
USD
$1.0000USD
Biznotes
0
With the current Bitcoin price hitting the all time high of $21,000 , what could be your plan ?

Permit me to remind you about what happened some years ago , when Bitcoin reach $20,000. There was a huge decline in the price of bitcoin, investors saw the price going as low as $3,000 afterwards.

Now there is panic o we whether a similar trend will happen or not . As for me , definitely the price willfall but it won't be that much as feared ,because presently Bitcoin has many top investors ,such as MicroStrategy , who has promised that the Bitcoin the company possed will be held for long .

I am holdl , and will only sell off the interest made as compared to the price at which I bought .

What is your own suggestion ?
I had some money in bitcoin currency. I bought it when its price was 15000 dollar. When its rates increase and reached to $18000 I sold all of my money. But now I regret that if I had sold them, I would have made more profit today.But this is a purpose in life. Sometimes we make good decisions and sometimes we don't.
 

vest1992

Guest
I believe that investors have been expecting this rise in bitcoin price for long , and now we can hope for less than for the price to keep soaring high .
We might be in up for a surprise maybe not in 2020 but in 2021 to have a huge drop because of selling investors to invest in other fields.
 

Bookwormlux

Ledgendary Member
5000+ Posts Club
USD
$4.0000USD
Biznotes
0
I am ready to hold mine for as long as possible. The other time, I sold mine out of panic when the price dropped. Now I won't repeat same.
 

ahmedo24

Ledgendary Member
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
The circumstances arround bitcoin in the year 2017 is far different from the circumstances arround it now, no body can boldly call bitcoin a bubble now because institutional Investors has key into, personally I will buy more not selling now.
 

WhiteHouse

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
I'll prefer to hold the Cryptocurrencies too and see how it fairs as time goes on, but I'm sure it will continue to increase in price and value.
 

tuna89

Madly Diligent
5000+ Posts Club
USD
$0.0000USD
Biznotes
0
This is the most important time to keep in touch with the forecasts and the btc charts. There seem to be a steady rise which is the major reason why some still hold. For now I can sell a very little part while I watch the forecasts and predictions.
 

Sincerem

Valued Contributor
Valued Contributor
50,000 Post Club
USD
$0.0000USD
Biznotes
0
With the current Bitcoin price hitting the all time high of $21,000 , what could be your plan ?

Permit me to remind you about what happened some years ago , when Bitcoin reach $20,000. There was a huge decline in the price of bitcoin, investors saw the price going as low as $3,000 afterwards.

Now there is panic o we whether a similar trend will happen or not . As for me , definitely the price willfall but it won't be that much as feared ,because presently Bitcoin has many top investors ,such as MicroStrategy , who has promised that the Bitcoin the company possed will be held for long .

I am holdl , and will only sell off the interest made as compared to the price at which I bought .

What is your own suggestion ?
With what you said here, we shouldn't be afraid at all to sell so fast. I know too well as it stand now, Bitcoin will still skyrocket because their are so many investors at the moment.
 

vest1992

Guest
I know Ahmedo but still we will see what will happen in the next several months, when people will need money and withdraw their coins by selling them.
 
Back
Top