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Author Topic: Hold or sell?  (Read 39014 times)

Offline Makus

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Re: Hold or sell?
« Reply #75 on: July 31, 2024, 11:29:32 AM »
Hold the Bitcoin is the best option becasue in the crypto market holding the coin is best becasue soon the BTC will go high and that gives the holders good profit becasue soon the BTC will makes a very good high and that time the holders will make good profit.

Holding BTC is good, but to hold BTC, there is actually a target price for releasing the BTC because basically we invest to seek profit. Personally, I will release my BTC if it has reached my sales target, and will not increase the target again because I have never been lucky when increasing the target.

When setting targets, you should also consider that, it might take a while before Bitcoin gets to a huge price profit, however it's best to leave you coins for long term to guarantee you reach you target price, most investors get a little impatience and start trading their coins by selling at peak and buying in dumps. I'm not saying trading is bad, but considering how market pattern and charts can change due to various reasons, it's best to hold for long term where we have greater confidence that we'll definitely get a befitting profit. However it's left for everyone to make the decision that works best for them, as for me, I prefer long term holding.
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Re: Hold or sell?
« Reply #75 on: July 31, 2024, 11:29:32 AM »

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Offline laijsica

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Re: Hold or sell?
« Reply #76 on: July 31, 2024, 04:22:26 PM »
Hold the Bitcoin is the best option becasue in the crypto market holding the coin is best becasue soon the BTC will go high and that gives the holders good profit becasue soon the BTC will makes a very good high and that time the holders will make good profit.

Holding BTC is good, but to hold BTC, there is actually a target price for releasing the BTC because basically we invest to seek profit. Personally, I will release my BTC if it has reached my sales target, and will not increase the target again because I have never been lucky when increasing the target.
Yes your release target should be as per your plan and after completing one cycle. Holding Bitcoin for a period of at least 4 to 10 years for desired profits can give you high returns. You can keep holding for more time if you wish which can be positive for future. Short-term trading can increase the risk of your capital.
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Re: Hold or sell?
« Reply #76 on: July 31, 2024, 04:22:26 PM »

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Offline Dr.Bitcoin_Strange

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Re: Hold or sell?
« Reply #78 on: August 01, 2024, 11:46:17 AM »
Hold the Bitcoin is the best option becasue in the crypto market holding the coin is best becasue soon the BTC will go high and that gives the holders good profit becasue soon the BTC will makes a very good high and that time the holders will make good profit.

Holding BTC is good, but to hold BTC, there is actually a target price for releasing the BTC because basically we invest to seek profit. Personally, I will release my BTC if it has reached my sales target, and will not increase the target again because I have never been lucky when increasing the target.
Yes your release target should be as per your plan and after completing one cycle. Holding Bitcoin for a period of at least 4 to 10 years for desired profits can give you high returns. You can keep holding for more time if you wish which can be positive for future. Short-term trading can increase the risk of your capital.
Yeah you are right, in other to make gains from Bitcoin investment one needs to hold for a long time which is 5 to 10 years and even more, that Is why I keep saying that someone without patience can't succeed in Bitcoin Investment.
Anyone coming into Bitcoin investment should know that patience is the key, some people choose to invest in a short time those people always at some point lose money and that is why it is advisable to go into Long time investment because it is not risky and you can't lose your money.
I have a friend that is into short time Bitcoin investment which is also called trading since he started he has gain and lost and he has been doing this investment for 7 years now and I also have a friend that has been accommodating using the DCA strategy and also holding for 7 years now, if you check there success you will find out that the one that has been holding as made more money and as I'm speaking to you now that one that has been holding for 7 years now is now more established than the Bitcoin trader.

There are rules in Bitcoin investment success and one of the rule is for you to buy and hold for a long time, without holding for a long time you won't make a huge gain.
Just imagine those that has been consistent in  accumulating and holding onto Bitcoin for 10 years till date, they have made huge amount of money through Bitcoin and are all established.

Offline Jamal Aezaz

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Re: Hold or sell?
« Reply #79 on: August 02, 2024, 01:30:46 PM »
My plan is to sell it after Bitcoin makes a new ATH even though the bullish season has not occurred and the second sale when the bullish season occurs and will buy it again after the bullish season occurs or when Bitcoin is at its lowest price.

That's good one should have a specific plan and changes in that plan should be minimum because many people who change plans with changing market conditions cannot get profit as they miss numerous opportunities due to such mistakes to change their target.

One should have a target and for that achievement it is necessary to sell their coin whenever the target is achieved he should not think deeply about bear and bull season but in such case the value of Bitcoin is to be noted.
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Offline dwyane36

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Re: Hold or sell?
« Reply #80 on: August 02, 2024, 03:27:10 PM »
There are rules in Bitcoin investment success and one of the rule is for you to buy and hold for a long time, without holding for a long time you won't make a huge gain.
Just imagine those that has been consistent in  accumulating and holding onto Bitcoin for 10 years till date, they have made huge amount of money through Bitcoin and are all established.

Yep, hodl is one of the most successful strategies when investing in cryptocurrencies. However, in the early days of the crypto industry, there were only a handful of people who actually did it on purpose. At that time, many people either didn't believe in the long-term success of Bitcoin or they didn't have enough patience to hold it for so long.
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Offline Rubel007

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Re: Hold or sell?
« Reply #81 on: August 02, 2024, 04:42:41 PM »
When the market is in an uptrend, it is difficult to predict what the next action will be. And many people can take wrong decision in this kind of situation. In such a situation there is nothing to lose by holding with DCA in order to secure the investment. If the price of Bitcoin drops slightly, there is an opportunity to buy more Bitcoins. Because of which I will give importance to holding rather than selling. general investor will not lose if he holds Bitcoin, but he needs to plan for the long term.

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Re: Hold or sell?
« Reply #81 on: August 02, 2024, 04:42:41 PM »


Offline Manna

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Re: Hold or sell?
« Reply #82 on: August 02, 2024, 04:54:22 PM »
My plan is to hold bitcoin until 2030.  I won't sell any bitcoins in between.  According to my experience Bitcoin will reach $100,000 in few days.  So I would suggest those who are still holding bitcoins must wait for a few more days and sell the bitcoins when they reach $100,000.

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Re: Hold or sell?
« Reply #83 on: August 02, 2024, 05:09:30 PM »
My plan is to hold bitcoin until 2030.
that is a long time by then there would have been another halving event which would have happened in 2028 so i guess it is just the right time to finally take some profits
Quote
I won't sell any bitcoins in between. 
you must be really secure then financially to be confident enough that you will not sell any bitcoins in between i just hope nothing drastic comes in your way and ruin your plan

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Re: Hold or sell?
« Reply #84 on: August 02, 2024, 07:27:20 PM »
My plan is to hold bitcoin until 2030.  I won't sell any bitcoins in between.  According to my experience Bitcoin will reach $100,000 in few days.  So I would suggest those who are still holding bitcoins must wait for a few more days and sell the bitcoins when they reach $100,000.
bitcoin will touch $100K in few days ?? what? bitcoin is currently experiencing a correction and is down to $100K, dude. It might take a few more months to reach $100K, because the previous ATH hasn't been reached yet. And many people predict the price of bitcoin will reach $100K by the end of this year.

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Re: Hold or sell?
« Reply #85 on: August 02, 2024, 08:15:11 PM »
My plan is to sell it after Bitcoin makes a new ATH even though the bullish season has not occurred and the second sale when the bullish season occurs and will buy it again after the bullish season occurs or when Bitcoin is at its lowest price.

That's good one should have a specific plan and changes in that plan should be minimum because many people who change plans with changing market conditions cannot get profit as they miss numerous opportunities due to such mistakes to change their target.

One should have a target and for that achievement it is necessary to sell their coin whenever the target is achieved he should not think deeply about bear and bull season but in such case the value of Bitcoin is to be noted.
The plan that I am making now is the result of learning from the mistakes that I made in the bullish season yesterday as a result I lost a lot of money because I bought coins that did not have good fundamentals and did not have a good ecosystem, the coins that I bought during the bullish season now have no price anymore but as I have sold even though I am at a loss, now I only focus on a few coins and I have made a post about what coins I will hold until the bullish season occurs.

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Re: Hold or sell?
« Reply #86 on: August 03, 2024, 12:53:01 PM »
My plan is to hold bitcoin until 2030.  I won't sell any bitcoins in between.  According to my experience Bitcoin will reach $100,000 in few days.  So I would suggest those who are still holding bitcoins must wait for a few more days and sell the bitcoins when they reach $100,000.
bitcoin will touch $100K in few days ?? what? bitcoin is currently experiencing a correction and is down to $100K, dude. It might take a few more months to reach $100K, because the previous ATH hasn't been reached yet. And many people predict the price of bitcoin will reach $100K by the end of this year.
Bitcoin is a very good investment and it gives one peace of mind, Bitcoin investment is a of the best investment right now in the world,
Bitcoin hitting $100k is very possible but I don't think it can happen this year but I think it may happen next year, but anyone investing into Bitcoin should not be bothered always about the price of Bitcoin especially if you are still new in Bitcoin investment, I think one should focus on accumulating enough Bitcoin before thinking about the price and selling, some people when there's a dip in Bitcoin they will stop investing because of fear of it not increasing again in price, anyone that knows the history of Bitcoin will know that when there's a dip in Bitcoin is a good time to accumulate enough Bitcoin.

Now that Bitcoin is experiencing a dip a lot of people has already sold out there Bitcoin, selling your Bitcoin at this time is a lose one, when there's a dip in Bitcoin you need to keeping holding because selling at that point in time will lead to a lose, that is why I always advise for a long time Bitcoin investment, people that are always worried when there's a dip are those into a short time Bitcoin investment and they always lose there money.
In other to succeed in Bitcoin investment one needs to engage in long time investment and also have patience.

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Re: Hold or sell?
« Reply #87 on: August 03, 2024, 05:35:03 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?
We haven't seen BTC reach $75K yet, but I'll share my perspective anyway. Based on multiple technical analyses, I believe BTC has a high probability of reaching $150K-$170K in this cycle. $100K won't be a satisfying price point for me, I think that's just the level where most ALTS will recover to their previous ATH in 2021.

Once BTC hits $100K, I think I'll start moving my crypto from my personal wallet to CEXs because I know the subsequent growth will be very intense and I want to start taking profits on some ALTS to protect the gains of this cycle. At that point, the media will constantly mention crypto, but I'll try to limit FOMO and always remind myself about protecting my profits!
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Offline Jamal Aezaz

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Re: Hold or sell?
« Reply #88 on: August 03, 2024, 07:49:17 PM »
The plan that I am making now is the result of learning from the mistakes that I made in the bullish season yesterday as a result I lost a lot of money because I bought coins that did not have good fundamentals and did not have a good ecosystem, the coins that I bought during the bullish season now have no price anymore but as I have sold even though I am at a loss, now I only focus on a few coins and I have made a post about what coins I will hold until the bullish season occurs.

Due to such mistakes you will learn well but sometimes people don't learn and due to excessive loss they often become disappointed so this decreased courage will not permit you to do something better to recover all the lost amount in future.

You have bought coins in bullish season so this is your first mistake, another big mistake you have made is that you have chosen unknown coins so you have increased the percentage of loss by yourself. But don't worry you will realize that the mistakes made in the past will shine your future but if your loss remains on peak then don't do the same thing continuesly but give some time to relax your mind.
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Re: Hold or sell?
« Reply #89 on: August 03, 2024, 09:12:37 PM »
The plan that I am making now is the result of learning from the mistakes that I made in the bullish season yesterday as a result I lost a lot of money because I bought coins that did not have good fundamentals and did not have a good ecosystem, the coins that I bought during the bullish season now have no price anymore but as I have sold even though I am at a loss, now I only focus on a few coins and I have made a post about what coins I will hold until the bullish season occurs.

Due to such mistakes you will learn well but sometimes people don't learn and due to excessive loss they often become disappointed so this decreased courage will not permit you to do something better to recover all the lost amount in future.

You have bought coins in bullish season so this is your first mistake, another big mistake you have made is that you have chosen unknown coins so you have increased the percentage of loss by yourself. But don't worry you will realize that the mistakes made in the past will shine your future but if your loss remains on peak then don't do the same thing continuesly but give some time to relax your mind.
Investing is buying and selling at the right time. Don't buy coins when you are bullish because you will experience losses if you are trapped at a high price. It's best to always monitor market movements and read news about crypto. because bad news will make the market experience a correction. and do research before buying coins, especially if you buy coins that are not well-known, not top coins.

 

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