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Author Topic: Hold or sell?  (Read 39134 times)

Offline agan husaeni

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Re: Hold or sell?
« Reply #30 on: July 14, 2024, 10:54:29 PM »
I think I'll hold on, maybe the upcoming $100k hike won't be that difficult. I understand why many people are worried about the current market situation, but sometimes they forget that the market needs a correction to reach higher prices in the future. It's better to add some extra stuff to it rather than selling bitcoin.

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Re: Hold or sell?
« Reply #30 on: July 14, 2024, 10:54:29 PM »

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Offline Hamza2424

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Re: Hold or sell?
« Reply #31 on: July 14, 2024, 10:56:02 PM »
Why we invest? obviously to get good returns and to fulfill our financial goals to enjoy life, but running after dreams so much isn't worth it, so in present what ever I own, I'm grateful for that. For Bitcoin as I've invested for a long and I will continue to hold till my targeted points, yup I'm a cyclical investor, so I've been accumulating well. I will take my profit by the end of the cycle as well, in order to get back into the same position for the next cycle.
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Re: Hold or sell?
« Reply #31 on: July 14, 2024, 10:56:02 PM »

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Offline SmartGold01

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Re: Hold or sell?
« Reply #32 on: July 14, 2024, 10:57:31 PM »
Not sure but a lot of Bitcoin holders will rather be happy to see Bitcoin reaching that amount of $100k price, what I am not sure of is, if they are willing to sell at that price, some bitcoin holders will rather prefer to hold their bitcoin and be ok with it as long as the value of their coins keep increasing their will bw ok with that, instead getting involved amd engage with the market volatility of bitcoin that see them jumping off the market when the price it at it uptrend rough.

But for me, I think if and when Bitcoin gets to $100k I will sell some of my Bitcoin holdings, to sort out some of my projects and immediate needs.
Bitcoin gives every individual the chance to choose what they wanna do with their assets like it's not a forceful thing to do but at their own will meaningful, one can decide to hold for like 10 to 20 years without even undermining the market variation or changes that could occurred at any given time provided they had their long projection on tracked they could be able to hold when it gets to there pull of stage, that is time of maturity.

Offline Aanuoluwatofunmi

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Re: Hold or sell?
« Reply #33 on: July 14, 2024, 11:24:19 PM »
Being a cryptocurrency investor, we have to know the right a d appropriate time to sell or hold our bitcoin, we cannot just make a decision for selling like that without considering for the timing if it's profitable for us or not, holding on itself and alone can make some investors make profits beyond their imagination if they can give it the required time needed, investment in bitcoin is not done haphazardly, we need to plan ourselves  down and make sure to meet up with every selling targets.

Offline bitterguy28

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Re: Hold or sell?
« Reply #34 on: July 15, 2024, 03:06:51 PM »
Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

NOT A CHANCE ... !!!


100k is just an initial target for me because what I'm aiming is more than that , there are lots of possibilities that bitcoin may cross 120k and above so why need to rush selling?


https://coinmarketcap.com/currencies/bitcoin/

Look at bitcoin now , with this good momentum I think we are nearing 70k again so with that there are another chance of this maybe the start of the bull run.

entering 3rd quarter is the most difficult time when we are in halving year because we don't know
if we will cross another ATH or need to wait for the last quarter.

Offline taufik123

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Re: Hold or sell?
« Reply #35 on: July 15, 2024, 11:55:56 PM »
100k is just an initial target for me because what I'm aiming is more than that , there are lots of possibilities that bitcoin may cross 120k and above so why need to rush selling?
$100k is a target that everyone wants to achieve, including me and can even be more than that.
There is a lot of speculation circulating that the highest ATH will occur in 2025, so there are still many opportunities to start collecting and holding Bitcoin in the long run.

There is no need to rush to sell, do a DCA and fill the bag with Bitcoin and altcoins that have good potential.
I started paying in installments now and preparing for the next ATH

Offline bee

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Re: Hold or sell?
« Reply #36 on: July 16, 2024, 01:34:40 AM »
My price target is $150k and I will sell some no matter how much higher it goes, probably the entire portfolio and only withdraw some of what I spent to buy(that's only a small portion of the target). I do DCA on bitcoin and (more recently) solana irregularly, but PnL performance is pretty good. Note, this does not mean I will be out of the market.

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Re: Hold or sell?
« Reply #36 on: July 16, 2024, 01:34:40 AM »


Offline dwyane36

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Re: Hold or sell?
« Reply #37 on: July 16, 2024, 04:35:40 AM »
Look at bitcoin now , with this good momentum I think we are nearing 70k again so with that there are another chance of this maybe the start of the bull run.

Yeah, the bulls are suddenly looking strong again. I also think that the BTC price can reach $70k in the current move, but it is worth noting that it will not be easy to break the resistance there. At least the bulls have already tried 4 times unsuccessfully before that. Let's see if they will make it this time or not.
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Online yhiaali3

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Re: Hold or sell?
« Reply #38 on: July 16, 2024, 06:11:34 AM »
My price target is $150k and I will sell some no matter how much higher it goes, probably the entire portfolio and only withdraw some of what I spent to buy(that's only a small portion of the target). I do DCA on bitcoin and (more recently) solana irregularly, but PnL performance is pretty good. Note, this does not mean I will be out of the market.
Yes, Solana's DCA plan is good, since the price is still not very high at the present time, and there may be a significant rise if the ETF is approved, as has been trending recently. It may be a good option for those who missed accumulating Bitcoin at a cheap price.

Offline bayu7adi

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Re: Hold or sell?
« Reply #39 on: July 16, 2024, 07:40:12 AM »
Sell...I also want to enjoy the results of my waiting all this time, friend... sometimes selling part of it is quite a wise way, but if I sell all of it, maybe there is an urgent need that fits my life targets in real life... that might be a little unreasonable, but sure enough... I have my own selling target to pay for something... so I will sell Bitcoin if the price passes $100k... and if my money is still in FIAT, I will probably buy it again when the price goes down.

Offline bitterguy28

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Re: Hold or sell?
« Reply #40 on: July 16, 2024, 09:32:04 AM »
100k is just an initial target for me because what I'm aiming is more than that , there are lots of possibilities that bitcoin may cross 120k and above so why need to rush selling?
$100k is a target that everyone wants to achieve, including me and can even be more than that.
There is a lot of speculation circulating that the highest ATH will occur in 2025, so there are still many opportunities to start collecting and holding Bitcoin in the long run.
may happen this year or the next but the important part is how we read the market and how we will act in every moment specially
when the bull starts up because we have a different starts this time(as the price or the ATH being broken even before the halving begin )so that will bring another chances.
Quote
There is no need to rush to sell, do a DCA and fill the bag with Bitcoin and altcoins that have good potential.
I started paying in installments now and preparing for the next ATH
Actually I have deposited what I can manage to risk and lose this last fall meaning I bought  at 52k in which i believe the lowest price we can see in the whole halving season(not after the bull of course)

Online Dr.Bitcoin_Strange

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Re: Hold or sell?
« Reply #41 on: July 16, 2024, 10:01:51 AM »
I think I'll hold on, maybe the upcoming $100k hike won't be that difficult. I understand why many people are worried about the current market situation, but sometimes they forget that the market needs a correction to reach higher prices in the future. It's better to add some extra stuff to it rather than selling bitcoin.
You're right, according to previous cycles, the market requires/needs corrections and undergo a form of recuperation period to prepare for the next bull run.

These corrections usually occurs when investors' sentiments suddenly becomes overly euphoric or optimistic about the asset, like we all know, when Bitcoin hit the last ATH after the just concluded Bitcoin Spot ETF, almost everyone were overly optimistic about Bitcoin going to 100k, especially for those who believed that after the just concluded halving, Bitcoin would immediately establish a new ATH, Hence the reason for the correction.

But then again, the state of the current market makes me want to question if this is actually still a correction or if it's now a manipulation because correction decline is usually between 5% to 20% decline and the market decline has gone below that, which gives room for the possibility of manipulation as the reason the current decline.

Offline snowpega

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Re: Hold or sell?
« Reply #42 on: July 16, 2024, 03:44:59 PM »
Sell...I also want to enjoy the results of my waiting all this time, friend... sometimes selling part of it is quite a wise way, but if I sell all of it, maybe there is an urgent need that fits my life targets in real life... that might be a little unreasonable, but sure enough... I have my own selling target to pay for something... so I will sell Bitcoin if the price passes $100k... and if my money is still in FIAT, I will probably buy it again when the price goes down.

Are you still accumulating Bitcoin buddy? if so you should have bought it in the recent dip well for now market is again back up to the price of $64k. I also wanted to buy but I did not have available fiat so I missed the last dip opportunity. Besides this, I am planning to sell some percentage of Bitcoin at the price of $90k and will keep booking if it crosses the $100k market price.

I would do DCA for profit booking as I did DCA for buying at different points of the market, I think this may help to reduce risk on my profit right? Besides this buddy, if you have any strong plan for a profit booking strategy I would like to know it from you maybe your strategy is more effective than what I am planning. Must share, Many Thanks!
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Offline Fivestar4everMVP

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Re: Hold or sell?
« Reply #43 on: July 16, 2024, 03:55:35 PM »
Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?
This should be three options, and they are..
- sell
- take profit
- hold
Even though one have to sell to take profit, it's still not the same thing since it's only a portion of the asset that is sold to either recover the initial money that was invest, while the profit is kept to run, or take out the profit, while the initial money invested is allowed to keeping running.

So for me, when bitcoin reaches $100k, I am not going to be selling, but I will take profit, but this decision will also depend on the market condition at the time, if there is room for more growth, I am just going to watch the price go higher while still holding, I will only try to take profit when the price of bitcoin reaches its peak.
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Offline taufik123

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    2500 Posts Seventh year Anniversary 10 Poll Votes
Re: Hold or sell?
« Reply #44 on: July 16, 2024, 08:48:34 PM »
-snip-
may happen this year or the next but the important part is how we read the market and how we will act in every moment specially
when the bull starts up because we have a different starts this time(as the price or the ATH being broken even before the halving begin )so that will bring another chances.
Hopefully it will happen soon because I've been holding on for quite a while and now collecting more.
My bag is pretty full now and getting ready for that amazing ATH.

Every ATH moment that will occur will be an opportunity to take more profits. You can sell everything or only leave 20% of the total assets held, so there is a chance to sell more expensive when passing the higher ATH prediction.

 

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