Hold or sell?

[laijsica]

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?

At the current price of Bitcoin if one invests now and sells after hitting $100k then it will be a very good profit and it will be a safe investment as Bitcoin is expected to hit 100k very soon. Bitcoin is an asset that the longer it is held the higher the profit. I can guarantee that those who are financially strong but don't invest in bitcoins or sell the bitcoins they have will regret it in the future.  So I would say he should invest in bitcoin with maximum of his ability to invest and it should be long term.

Yeah the longer you hold the bigger your profit, some people has been holding Bitcoin for 10 years now and still counting, those that sold there Bitcoin before now because of fear or panic are deeply regretting it now, some sold there Bitcoin because they had no source of income and some because of emergency issues and that is why it is always advised to have a source of income before starting your Bitcoin investment and also have a backup funds.
Some people really don't understand how Bitcoin works, as you are accumulating Bitcoin try as much as possible to also secure your Bitcoin investment and one way to secure it is by having a source of income and a backup funds, now if you have a job were you work and get paid weekly or monthly it will help you settle some things and by then you won't touch your investment and also having a backup funds will help you in times of emergency, when you have issues and you don't have money with you to settle it you can dip hands into your backup funds to settle it.

Bitcoin is one of the best crypto coin in the world right now, and one can see that Bitcoin has a great future, some people thinks Bitcoin can't hit $100k but same way it reached$ 70k that is the same way it will hit $100k is now very easy for it to hit $100k, Bitcoin should be taken seriously by investors.
10 years ago some people hard the opportunity to invest in Bitcoin but refused because they believe Bitcoin will never worth anything good but right now they are all regretting there past action and those that are now doubting we also regret in time to come.

Having an emergency floating cash backup is essential to manage Bitcoin holdings for the long term, otherwise an investor may fail to hold on to their valuable investment. Your advice is very important for an investor who is interested in making new investments or who is already continuing to accumulate DCA method. The DCA approach to depositing bitcoins should be from disposable income and at the same time maintain a sufficient amount of floating cash to enable a holder to meet all of his urgent needs without any withdrawal of investment. Another thing to note is that the more cash you have, the more likely you are to buy aggressively in bearish times and in that case buy lump sums while DCA is continuing. Abundance of real assets for long-term Bitcoin holdings and accordingly aggressive buying during price dips  you can get a decent portfolio.

[Metha Wulandarin]

Bitcoin is at 60K right now. It doesn't seem like that will dump more. Right now it's supposed to go up now. However, there is no guarantee that the price will increase. Right now we just have to wait for the pumping, because by then I've probably bought everything we can afford. Now just expect the price to go up.

I hope everyone who joins the signature campaign with bitcoin payment is not too hasty to sell it now because I think the current Bitcoin price is very cheap if you want to sell it at least wait until Bitcoin is at $70k.

[NotATether]

Don't sell when we hit $100K. You will regret it. The only exception is when you have to pay the bills and your only option is to liquidate your coins for that.

But people have been guessing the peak of Bitcoin for ages and have since lost a ton of money, first at $100, then at $1000, then at $10000, and now $100K. It's like people never learn.

[Asiska02]

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?

Making the investment to last longer will depend on the nature of things at that time, I mean personal stuffs that will warrant selling all of the bitcoins. Something is for sure, taking profit is a must because an investment without taking profit when it’s due is not attractive to me. I will take some profits and if the market permits, I will continue holding till another time when the market hits another peak I’ll be anticipating to take profit from again.

[Metha Wulandarin]

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?

Making the investment to last longer will depend on the nature of things at that time, I mean personal stuffs that will warrant selling all of the bitcoins. Something is for sure, taking profit is a must because an investment without taking profit when it’s due is not attractive to me. I will take some profits and if the market permits, I will continue holding till another time when the market hits another peak I’ll be anticipating to take profit from again.

I agree with your point that if we can take double the profit why should we take one?
Now we hold Bitcoin and sell it at a price of $100k later after Bitcoin touches the price of $100k it is unlikely that bitcoin will continue to increase there must be such a thing as a decline that is where we will buy it again and sell it again at a higher price and so on.

[0t3p0t]

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?

Making the investment to last longer will depend on the nature of things at that time, I mean personal stuffs that will warrant selling all of the bitcoins. Something is for sure, taking profit is a must because an investment without taking profit when it’s due is not attractive to me. I will take some profits and if the market permits, I will continue holding till another time when the market hits another peak I’ll be anticipating to take profit from again.

I agree with your point that if we can take double the profit why should we take one?
Now we hold Bitcoin and sell it at a price of $100k later after Bitcoin touches the price of $100k it is unlikely that bitcoin will continue to increase there must be such a thing as a decline that is where we will buy it again and sell it again at a higher price and so on.

Yeah exactly and this is a common mistake I did with my holdings to be honest because I wanted more profit from it until it plummet again into pullbacks and that is the time I was pinned as I had to wait more days, weeks or even months for another retracement so I can sell but my greed keep on dictating me to wait for more and there it goes repeat itself again and again. But this time I think I am gonna take profit so I have some capital to buy when pullback will come.

[terrific]

I'll sell some when Bitcoin hits $100k. That's one of the prices that I can't skip for selling because I've got a lot of things on mind to be bought when it hits there.
I understand that many of us are waiting for a higher price but $100k is historical and that's why, I'll take that moment to at least enjoy my feeling of being patient holding Bitcoin for so long.
I don't plan an entire exit of selling all that I have. I still plan to accumulate after that price hits because there is no exit on this market, you just take profit, hold and bear the paper losses.

[blessedwithknowledge]

I'll sell some when Bitcoin hits $100k. That's one of the prices that I can't skip for selling because I've got a lot of things on mind to be bought when it hits there.
I understand that many of us are waiting for a higher price but $100k is historical and that's why, I'll take that moment to at least enjoy my feeling of being patient holding Bitcoin for so long.
I don't plan an entire exit of selling all that I have. I still plan to accumulate after that price hits because there is no exit on this market, you just take profit, hold and bear the paper losses.

When do you think it will hit $100k?

[Metha Wulandarin]

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?

Making the investment to last longer will depend on the nature of things at that time, I mean personal stuffs that will warrant selling all of the bitcoins. Something is for sure, taking profit is a must because an investment without taking profit when it’s due is not attractive to me. I will take some profits and if the market permits, I will continue holding till another time when the market hits another peak I’ll be anticipating to take profit from again.

I agree with your point that if we can take double the profit why should we take one?
Now we hold Bitcoin and sell it at a price of $100k later after Bitcoin touches the price of $100k it is unlikely that bitcoin will continue to increase there must be such a thing as a decline that is where we will buy it again and sell it again at a higher price and so on.

Yeah exactly and this is a common mistake I did with my holdings to be honest because I wanted more profit from it until it plummet again into pullbacks and that is the time I was pinned as I had to wait more days, weeks or even months for another retracement so I can sell but my greed keep on dictating me to wait for more and there it goes repeat itself again and again. But this time I think I am gonna take profit so I have some capital to buy when pullback will come.

The mistake you're making right now is one that many people, including me, have made.
Now I am starting to change my mindset to what I mentioned above, because of the mistake of greed that made me trapped in losses, if for long-term investment I have focused on several coins, especially Ethereum.

[Agbe]

That should be an individual choice whether to sell all or still continue holding. Because every individual has a target and once that target has been achieved and the time to sell has reached then they can sell them. Let me, if bitcoin reached $100k, men I will not lie, I will sell.

[Asiska02]

The mistake you're making right now is one that many people, including me, have made.
Now I am starting to change my mindset to what I mentioned above, because of the mistake of greed that made me trapped in losses, if for long-term investment I have focused on several coins, especially Ethereum.

Buying and Hodling for the long time is the best thing to do, it won’t make you to feel the need to sell even when the market is facing retracement and you’re in loss. Long term holders don’t always fall in traps like that and that is because they’ve made up their minds and also their psychology is already withered towards that direction, so the thought of panic or trembling when market is correcting is not in them. They are for the big bags, so the small bags are not attracted to them and will not have a trembling heart to deal with.

[Dr.Bitcoin_Strange]

That should be an individual choice whether to sell all or still continue holding. Because every individual has a target and once that target has been achieved and the time to sell has reached then they can sell them. Let me, if bitcoin reached $100k, men I will not lie, I will sell.

Yeah it is the choice of people to decide whether to sell there Bitcoin or to hold them, however it is advised for people to hold there Bitcoin until they have accumulated enough, some people sell there Bitcoin when is not enough and there are many reasons why they do that which are one because of emergency issues when people face some challenges that they need finance in other to settle it but because they have no money or they have spent there savings and still more money is needed so they have no other option but to sell of there Bitcoin in other to get money and settle there problem, and that is why it is always advised to have a strong emergency, reserves and float funds in other to secure one's Bitcoin investment, if you have a strong emergency, reserves and float it will help you settle a lot of emergency issues that comes up.
And two because of Panic and fear, a lot of people sell off there Bitcoin because of fear and this thing happens to newbies especially when there is a fall in Bitcoin price they become afraid and sell of there Bitcoin in other to have some of there money back before they lose all, people who are doing this are just people who don't understand how Bitcoin works if you understand how Bitcoin works you will not bother yourself when there's a dip because is certain that it will rise again.

Bitcoin will hit $100k soon any if you who started accumulating Bitcoin when it was around $40k are free to sell some Bitcoin when it gets to $100k but for those who just started when is $70k now should keep holding even when it hits $100k.
Some people feels it is impossible for Bitcoin to hit $100k and that Bitcoin has reached his growing limit but this is not true Bitcoin will keep growing bigger and better.

[Jamal Aezaz]

That should be an individual choice whether to sell all or still continue holding. Because every individual has a target and once that target has been achieved and the time to sell has reached then they can sell them. Let me, if bitcoin reached $100k, men I will not lie, I will sell.

Agree with your point everyone has different ideas, different thoughts and different goals of life due to which they are taking different decisions and only holders can realize about his situations according to which he will surely decide accurately if he has knowledge.

If someone has little investment then I think he should wait until his bigger target is achieved but if someone is regularly investing some amount in different coins then if he is selling some for little profit and leaving the remaining for more growth then his wealth will grow easily but it is necessary to accumulate good coins.

Different people have different targets but most of the people currently have settled their target to sell their Bitcoin at 100k$ and every Bitcoin holder is now waiting for the day when Bitcoin will hit 100k$.

[Agbe]

That should be an individual choice whether to sell all or still continue holding. Because every individual has a target and once that target has been achieved and the time to sell has reached then they can sell them. Let me, if bitcoin reached $100k, men I will not lie, I will sell.

Agree with your point everyone has different ideas, different thoughts and different goals of life due to which they are taking different decisions and only holders can realize about his situations according to which he will surely decide accurately if he has knowledge.

If someone has little investment then I think he should wait until his bigger target is achieved but if someone is regularly investing some amount in different coins then if he is selling some for little profit and leaving the remaining for more growth then his wealth will grow easily but it is necessary to accumulate good coins.

Different people have different targets but most of the people currently have settled their target to sell their Bitcoin at 100k$ and every Bitcoin holder is now waiting for the day when Bitcoin will hit 100k$.

We can't tell everyone to be continuously hodling because others are doing. No. Because everyone has their own time of expenses. Like this days the price of bitcoin is going down and if the price hit 40k dollar and some invested in it and the price rise to 60+k dollar, that should be a 10% gain and if the person is interested to sell at that, he knows how it is, so we don't have to tell him to continue hodling because probably he has expenses to settle. And foe now every investor mind is for Bitcoin to reach 100$>>>  As far as I k ow in bitcoin investment, individual has their choice to buy and sell. And the best time to buy is the bear market and the best time to sell is the All Time High and also the bull market.

[Manna]

That should be an individual choice whether to sell all or still continue holding. Because every individual has a target and once that target has been achieved and the time to sell has reached then they can sell them. Let me, if bitcoin reached $100k, men I will not lie, I will sell.

Agree with your point everyone has different ideas, different thoughts and different goals of life due to which they are taking different decisions and only holders can realize about his situations according to which he will surely decide accurately if he has knowledge.

If someone has little investment then I think he should wait until his bigger target is achieved but if someone is regularly investing some amount in different coins then if he is selling some for little profit and leaving the remaining for more growth then his wealth will grow easily but it is necessary to accumulate good coins.

Different people have different targets but most of the people currently have settled their target to sell their Bitcoin at 100k$ and every Bitcoin holder is now waiting for the day when Bitcoin will hit 100k$.

We can't tell everyone to be continuously hodling because others are doing. No. Because everyone has their own time of expenses. Like this days the price of bitcoin is going down and if the price hit 40k dollar and some invested in it and the price rise to 60+k dollar, that should be a 10% gain and if the person is interested to sell at that, he knows how it is, so we don't have to tell him to continue hodling because probably he has expenses to settle. And foe now every investor mind is for Bitcoin to reach 100$>>>  As far as I k ow in bitcoin investment, individual has their choice to buy and sell. And the best time to buy is the bear market and the best time to sell is the All Time High and also the bull market.

True, one should not ask each other to hoard just for the sake of others hoarding, as each individual's has their own financial situation and objectives.  When the price of Bitcoin comes down, and if someone invests in it and the price goes up again, they can sell for their own profit.  It is their personal decision.
 In cryptocurrency markets like Bitcoin, the best time to sell is usually during a bull market or all-time high, and the best time to buy is a bear market.  These strategies help to follow market trends and maximize potential profits.