Sell or hold ?

[Setho]

In life there are a lot of things we need to take risks in, just like business, crypto also requires that we make a lot of risks that are worth it at the end. I advice you study the market very carefully and do not panic. To me, more innovation and adoption are coming in place that should guarantee bit coin rise in price so I advice you keep it.

 

[Nova]

Selling in current times makes sense as the price is high for the bitcoin. And holding is good option when the price is going down. So make sure to buy the coins during the times of the down. And sell them once the price increases beyond your buy price. I think this approach would be pretty beneficial in next 5 years to come from what I have seen so far.

 

[Niftyyem]

I think the best thing to do is what you have suggested already. I would rather sell of the profits and leave the main investment to grow or if I want the investment amount to increase, then I sell off just part of the profit.

 

[BrolySSJ]

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 that selling at this point is a good idea. If the price had to drop in the future you can then use the profits that you made from this sale in order to increase the amount if bitcoin that you have. This will be a good idea for future profits as investing in bitcoin should be thought off as a long term game rather than a short term investment. Therefore patience and buy again when the price is low. but for now maximize your profit instead of being greedy and holding out for a higher price. That is just my opinion though.

 

[Josemendez]

I think that selling at this point is a good idea. If the price had to drop in the future you can then use the profits that you made from this sale in order to increase the amount if bitcoin that you have. This will be a good idea for future profits as investing in bitcoin should be thought off as a long term game rather than a short term investment. Therefore patience and buy again when the price is low. but for now maximize your profit instead of being greedy and holding out for a higher price. That is just my opinion though.

Well , I quite agree with you on this , however the issue is that one may end up regretting when the price rises more which mean buying with the amount he got when he sold will be at a lost

 

[Bilal0087]

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 we have to hold Bitcoin for more time because now price is almost $22,000 and I hope its price will increase in the coming year so if you are not in hurry and you don't need money hold it, and wait for the best time for getting more profit

 

[Variable]

Hold, it's resting around 23 for now and there are promising predictions for it (which are achievable in mid 2021 , reaching and/or surpassing the 35.000 milestone ) and you'd be selling for an extra 12.000 , and even then it's discouraged to sell but the choice is yours

 

[Lagazine]

Bitcoin is the king of all cryptocurrency, it worth taking the risk of keeping it for a while till it appreciate more. But if you can't wait to have the interest ripe, then withdraw your money immediately and wait till it rise before you invest.

 

[Godleads1]

I prefer to sell off not as a result of panic but just to make money from the peak. I mean I would sell off half and keep the remaining half for future purpose.

 

[btaliat]

I do tell people that altcoins are not perfect for trading anymore. They can give you profit through trading. We don't need to be projecting a utopian piece for bitcoin. Some new coins are coming now to take the popularity.

 

[Muhammadawais]

If you believe the market will recover (which it will), it means that the investment will be sold at a cheaper price than before, which means that not only should you not sell, but you should Should continue to invest and choose shares at cheaper rates.

 

[Damscooguns73]

Concerning selling or holding or bitcoin. Well, it is a digital coin which is volatile in nature. It will be fine and very good to sell off your profit, that is if you believe that you will make more , sell and hold on to your profit to keep rising, there would surely be a fall in the market price but do not panic, a rise is coming sooner or later

 

[Rainlover207]

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.

 

[Shivay]

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 after gaining so much experience in the Cryptocurrencies , i will be selling 30 percent of my bitcoin and keep it when the price goes low and purchase a little large amount than the previous one and keeping the rest 70 percent as the long term investment only.

 

[tublack]

Hold is an analyst's recommendation to neither buy nor sell a security. This rating is better than sell but worse than buy, meaning that investors with existing long positions shouldn't sell but investors without a position shouldn't purchase either.

 

[Victor001]

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 understand trading very well, whenever such happen you wait and wait for a retest of the previous support or resistance point before placing trade.or you can choose to enter after double retest for confirmation.

 

[Yaqoob Habib]

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.

Sell or hold is a highly sophisticated software program that supports investors in making one of their most important financial decisions.

 

[Abisola]

Hold is an analyst's recommendation to neither buy nor sell a security. A company with a hold recommendation generally is expected to perform with the market or at the same pace as comparable companies. This rating is better than sell but worse than buy, meaning that investors with existing long positions shouldn't sell but investors without a position shouldn't purchase either.

 

[Kingsley]

Making the decision whether to sell or buy is dependent on the price of the crypto currency at that particular time.

 

[Halexcity]

Holding of coin is very advantageous more than savings because, withdrawing into bank account may cause depreciation of the money due to government policy and some other charges but keeping it in the wallet make it appreciate when the money rise.