Sell or hold ?

[CeeJase]

If there's no impending need for it and you're not a trader, just sell off the profit and hold on to the capital while you wait and watch how things will unfold. Either way it goes, you're on a safer side and there will be no regrets of whatsoever.

 

[Nurudeen]

It will be better to hold the crypto currency because the way Bitcoin is going it's still going to surge up seriously for investors and I believe you will get good profit if you can be patient enough with your money in the crypto currency so just be patient

 

[eenya00]

Holding or selling your Bitcoin, depends on you and why you purchased Bitcoin in the first place, obviously you purchased it for the purpose of investment, but when do you consider it to be a very profitable investment is what you should ask yourself, but if am to advice you, hold your Bitcoin for as long as possible.

 

[Sotherefore]

Any cryptocurrency i earn in whatever way I do not withdraw it i only leave it there for a long time hoping that in the next 3 years from now the cryptocurrency that is low will be very expensive that is why it is advise that you invest as much as you can in cryptocurrency now.

 

[Kelly5]

Bitcoin investments is not an exception to the risks that is associated in investing in any business. Wether you choose to HODL or sell off, all depend on your knowledge on the investment you are into. So if you feel HODLing is your thing for Bitcoin now, then do.

 

[Ub40]

To me, selling or holding bitcoin or any other cryptocurrency for that matter depends on the current situation and individual goals. Like me, if I see that a particular coin has risen to the extent of me selling and making profit, I will sell and probably reinvest. My point is that you are the only one who can decide whether to sell or not. Remember to keep researching for updates. Good luck!

 

[Highflyer]

I prefer holding my Bitcoin rather than sell it off now, I'm not a Bitcoin trader So I don't know how that works. I rather save my money in my wallet and use it for future purposes.

 

[Mastercoded]

Just use the simple principle of economist.
if demand is high and the supply is low, you can sell
if demand is low and supply is high, you hold.
if there is no change between demand and supply, you can sell or hold.

 

[kayode10]

My suggestion is that you need to have an existing strategy for the Bitcoin investment you are doing. This will help you to avoid indecision either to self or toto hold on to the cryptocurrency before reaching a certain price. With the situation on ground on now, I will advise you to hold on for a week or two before you sell. The reason is that there is a a forecast that the price will likely increase between now and next week.

 

[FreshKaz11]

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 will hold my bitcoin tight till it get rise again and I sell,but my selling I thing it could take like 5years or so,because I don't want to waste it...
Because bitcoin keep risen everyday so it might be my getting rich way is my bitcoin.. so i will still keep it till he get rise and rise again..

 

[BuchiBankz]

It is also worth bearing in mind that no boom or bust lasts forever. The price of Bitcoin, like any other asset class, is sensitive to a variety of factors, including the state of the global economy and statements from well-known business and tech personalities

 

[KENDRA2020]

The question running through every trader mind every God given day, should I sell the coin and make little profit or should I hold the coin should in case it appreciated a little. I am currently on this path. Can anyone guess the coin am talking about?

 

[Afrinish]

Sell or Hold is a highly sophisticated software program that supports investors in making one of their most important financial decisions: am I better off selling; or holding my property?
Here’s how Sell and Hold stacks up to Buy and Hold over these periods, considering capital gains rates, transaction costs, and dividend taxes, using nominal price and dividend values, segmented by different choices in parameter thresholds.

 

[Tundeoguns1]

Concerning sell or hold.it wouldn't be adviseable or wise to perform a trade you are not sure about. An individual should be precise in his dealing and also put some risk factors into consideration. I would hold on to my investment and later sell off my interest on the capital investment then allow that grow again to a reasonable amount before selling

 

[GoldenLady]

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 can remember this thread and now Bitcoin is at a high of $46,000. That's double of anything that was invested into it.

I rest look forward to seeing what the end of 2021will look like for Bitcoin. $100k, $150k?

 

[Shahzaib37]

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 ?

It depends upon you what you want to do if you want to sell it is good decision if you sell half past of bitcoin and half use for risk if price become more than it gives you more profit if you hold and price drop then your money value decrease and it is lost.

 

[Erik4150]

It think it is better to sell now that the price is high. Bitcoin is currently at $46k and it may not get to this level in a long while, so it makes sense to sell while the price is high. If you don't sell when the price is high you will not get a better chance.
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It think it is better to sell now that the price is high. Bitcoin is currently at $46k and it may not get to this level in a long while, so it makes sense to sell while the price is high. If you don't sell when the price is high you will not get a better chance.

 

[Chris]

You can easily trade bitcoin for cash or assets like gold instantly with incredibly low fees. The high liquidity associated with bitcoin makes it a great investment vessel if you're looking for short-term profit. Until and unless you have an urgent expense in front of you, it is advisable to hold bitcoin for the long term in order to generate maximum value from your investment portfolio.

 

[Khezo]

selling gold in Bitcoin at a particular time of movement depends on the movement of the Bitcoin that period if you notice the Bitcoin is going high best time to sell if you notice the bitcoins blue best time to buy so that in case it goes up you're going to sell

 

[Michaellee]

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 ?

When one first buy a coin, you have to hold for a particular period. For instance people that bought bitcoin in 2002, hold it till now ,they have made a certain profit, and it will be beneficiary to them if they sell part of it now and use it to invest in another coin that has potentials of growing .