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Author Topic: Hold or sell?  (Read 39330 times)

Offline Gurujebs

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Re: Hold or sell?
« Reply #165 on: September 05, 2024, 06:21:26 PM »
I think holding Bitcoin for long time is good idea. Bitcoin value usually goes up over time so it is good investment. I think holding Bitcoin is smart but you should also pay attention to market. If prices are going up and down it is good idea to sell when prices are high to make more money. But if you are patient holding Bitcoin for long time can be very profitable. The best way to succeed in crypto market is to hold onto Bitcoin and sell at the right time.

Or even you can use DCA method because this method have both things in it. Means the holding and the investment. So you can choose this.

Bitcoin profit is relative to where you bought it. There are some people that were caught with the market Fugazi and bought Bitcoin at all time high. That was about $68k all time high I think, but some people bought around $50k and didn't sell even when the price was going towards $15k and they hold until the market renounce again to $70k upward. Now, compare the time they have help to when they sold.

If you must enjoy Bitcoin as investments, one must be patient and look for a perfect entry to buy, you must make sure you don't buy at the top if you don't have plans on doing dollar cost average unless you have plans to hold forever.
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Re: Hold or sell?
« Reply #165 on: September 05, 2024, 06:21:26 PM »

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Offline bounceback

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Re: Hold or sell?
« Reply #166 on: September 05, 2024, 06:23:06 PM »
I agree with your suggestion, if we want to hold for the long term, choose the safest coin and never had problems with the SEC. I prefer bitcoin and ethereum for long term holding, because rather than bothering to do research but our time is limited because of the busyness of the real world, it is better to choose a coin that has been proven to always be on top.
Keep away from coins have been got case with SEC Commission and in the future not any indicate will be problem if want holding altcoin for long term. Right now XRP got cases with SEC and not clearly when problem solve make price of XRP very difficult return back to their ATH although last four months ago bitcoin have reach new ATH price.
But we can't predicting which one altcoin targeted by SEC Commission in the future if want become long term holding in altcoin, Binance as top altcoin already targeted by SEC after their CEO CZ under arrested.

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Re: Hold or sell?
« Reply #166 on: September 05, 2024, 06:23:06 PM »

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Offline kulkhan

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Re: Hold or sell?
« Reply #167 on: September 05, 2024, 07:53:58 PM »
Obviously hold because now my portfolio showing red. I am profitable on bitcoin but huge loser on altcoin. So i have to hold. Now we are seeing Bitcoin and others Altcoin  huge dumping. So i will start DCA again and i will hold that till next bull session. I think it will good decision for me and for all.

I want to buy some currency again for lose coverage. I strongly believe first of 2025 we will saw real bull session. And till then i will hold my all currency. Otherwise it will loss project for me.
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Offline nakmantu99

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Re: Hold or sell?
« Reply #168 on: September 05, 2024, 08:13:59 PM »
I agree with your suggestion, if we want to hold for the long term, choose the safest coin and never had problems with the SEC. I prefer bitcoin and ethereum for long term holding, because rather than bothering to do research but our time is limited because of the busyness of the real world, it is better to choose a coin that has been proven to always be on top.
Keep away from coins have been got case with SEC Commission and in the future not any indicate will be problem if want holding altcoin for long term. Right now XRP got cases with SEC and not clearly when problem solve make price of XRP very difficult return back to their ATH although last four months ago bitcoin have reach new ATH price.
But we can't predicting which one altcoin targeted by SEC Commission in the future if want become long term holding in altcoin, Binance as top altcoin already targeted by SEC after their CEO CZ under arrested.
in my opinion it is too difficult for XRP to touch ATH like in the past, but anything can happen in the crypro market. I also have and wait for XRP to experience a high price increase. but sometimes we also have to consider before buying coins that have problems with the SEC.

Offline debra

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Re: Hold or sell?
« Reply #169 on: September 05, 2024, 10:58:15 PM »
Obviously hold because now my portfolio showing red. I am profitable on bitcoin but huge loser on altcoin. So i have to hold. Now we are seeing Bitcoin and others Altcoin  huge dumping. So i will start DCA again and i will hold that till next bull session. I think it will good decision for me and for all.
The reasonable decision is to hold our coins now. If we sell our coins now, we will get losses.
I also do this, I prefer holding than selling now. Bitcoin and altcoins are decreasing quite a lot now, it seems we have bad news again. If you still have funds, it is good to do DCA now. Just buy the most potential coins such as Bitcoin, Ethereum, BNB, and other top coins.

I want to buy some currency again for lose coverage. I strongly believe first of 2025 we will saw real bull session. And till then i will hold my all currency.
Lose coverage? You don't lose if you are still holding your coins.
Yes, it seems we will have big bullrun season in the next year. I guess it will be in Q3 of 2025.


Offline Wiseman

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Re: Hold or sell?
« Reply #170 on: September 06, 2024, 01:53:45 PM »
in my opinion it is too difficult for XRP to touch ATH like in the past, but anything can happen in the crypro market. I also have and wait for XRP to experience a high price increase. but sometimes we also have to consider before buying coins that have problems with the SEC.

I completely agree with you, the problems with the SEC in tokens with fundamentals are pushing away from investing in them, at the moment and over the next year I am sure that the most profitable thing will be investing in meme tokens, which will most likely occupy the top ten on the coinmarketcap, maybe for a while, but that is not yours, the important thing is that you need to move in step with the market, and the market now needs to show a good price for meme tokens because with their help it is possible to attract a lot of users.

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Re: Hold or sell?
« Reply #171 on: September 06, 2024, 07:19:05 PM »
in my opinion it is too difficult for XRP to touch ATH like in the past, but anything can happen in the crypro market. I also have and wait for XRP to experience a high price increase. but sometimes we also have to consider before buying coins that have problems with the SEC.

I completely agree with you, the problems with the SEC in tokens with fundamentals are pushing away from investing in them, at the moment and over the next year I am sure that the most profitable thing will be investing in meme tokens, which will most likely occupy the top ten on the coinmarketcap, maybe for a while, but that is not yours, the important thing is that you need to move in step with the market, and the market now needs to show a good price for meme tokens because with their help it is possible to attract a lot of users.
Maybe it's a kind of barrier for a coin when they have problems with Sec, like you said that's what finally makes people hesitate to get into it, or when they initially wanted to, they would cancel their intention.

Personally, I'm honestly not that interested in meme coins, indeed this coin can bring very big profits, but you also have to remember what the risks are. Sometimes I think only lucky people can invest in the right meme coin.

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Re: Hold or sell?
« Reply #171 on: September 06, 2024, 07:19:05 PM »


Online 0t3p0t

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Re: Hold or sell?
« Reply #172 on: September 06, 2024, 07:38:32 PM »
in my opinion it is too difficult for XRP to touch ATH like in the past, but anything can happen in the crypro market. I also have and wait for XRP to experience a high price increase. but sometimes we also have to consider before buying coins that have problems with the SEC.

I completely agree with you, the problems with the SEC in tokens with fundamentals are pushing away from investing in them, at the moment and over the next year I am sure that the most profitable thing will be investing in meme tokens, which will most likely occupy the top ten on the coinmarketcap, maybe for a while, but that is not yours, the important thing is that you need to move in step with the market, and the market now needs to show a good price for meme tokens because with their help it is possible to attract a lot of users.
Maybe it's a kind of barrier for a coin when they have problems with Sec, like you said that's what finally makes people hesitate to get into it, or when they initially wanted to, they would cancel their intention.

Personally, I'm honestly not that interested in meme coins, indeed this coin can bring very big profits, but you also have to remember what the risks are. Sometimes I think only lucky people can invest in the right meme coin.
Yeah true. Memecoins investments are high risk high reward thing and if we're unlucky then we lost our investment take note that only few make it to gain the best out of the specific memecoin. Holders are also having the higest chance to make good profits in the long run because sometimes memecoins skyrocket unexpectedly and the secret is having an ironhand.

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Re: Hold or sell?
« Reply #173 on: September 06, 2024, 08:15:57 PM »
Price may look a little scary to some people because its once again down, and we have been going down many times over few months, but we are still doing fine, its not really that bad, and I think it should be something that is that important, we can just argue that its not that big of a deal. I think the best case is to buy right now, because selling when its down makes no sense, while we did go down a lot during this past few months, we recovered on each of them, so it will recover again, so buying would make more sense, I think we should keep on buying and if we can't, at least keep on holding.

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Re: Hold or sell?
« Reply #174 on: September 07, 2024, 01:43:22 PM »
I always said that if the price of Bitcoin updated the local bottom, it means that this is the first sign that it will now steadily fall. Even with corrections, but this is a sign of downward movement. And so it happened, so I sold all Bitcoins for 69k and now I look at the panicking crowd.
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Re: Hold or sell?
« Reply #175 on: September 07, 2024, 03:15:55 PM »
I always said that if the price of Bitcoin updated the local bottom, it means that this is the first sign that it will now steadily fall. Even with corrections, but this is a sign of downward movement. And so it happened, so I sold all Bitcoins for 69k and now I look at the panicking crowd.
You are quite right to sell at $69K, because currently the price of bitcoin is $54K, we can buy bitcoin again now and then sell it when the price of bitcoin goes up again. This is what I always do, because investing in crypto we have to do it at the right time when selling and buying from the coins we have.

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Re: Hold or sell?
« Reply #176 on: September 07, 2024, 05:01:35 PM »
Maybe it's a kind of barrier for a coin when they have problems with Sec, like you said that's what finally makes people hesitate to get into it, or when they initially wanted to, they would cancel their intention.

Personally, I'm honestly not that interested in meme coins, indeed this coin can bring very big profits, but you also have to remember what the risks are. Sometimes I think only lucky people can invest in the right meme coin.
Yeah true. Memecoins investments are high risk high reward thing and if we're unlucky then we lost our investment take note that only few make it to gain the best out of the specific memecoin. Holders are also having the higest chance to make good profits in the long run because sometimes memecoins skyrocket unexpectedly and the secret is having an ironhand.
Well that's the problem, in memecoin we are at risk of not only having to experience losses but it can also eliminate our nominal money. So when we are not very ready, it is better not to go to memecoin completely.

Looking at it from a different perspective, memecoin can indeed attract many beginners, because once the hype is there, they will not be responsible, they will even dominate all the talk about this crypto. Many people finally know about crypto through memecoin.

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Re: Hold or sell?
« Reply #177 on: September 07, 2024, 11:56:33 PM »
You are quite right to sell at $69K, because currently the price of bitcoin is $54K, we can buy bitcoin again now and then sell it when the price of bitcoin goes up again. This is what I always do, because investing in crypto we have to do it at the right time when selling and buying from the coins we have.
Yep. He has done the right way to sell at $69k, he will buy again at cheaper price now.
It seems he already buy again at $53k, or he may wait for $50k for another entry. Anyway, it is not easy to do the analysis of Bitcoin price. It requires good knowledge, he seems to have great ability in analyzing the price chart and market trends.

Sure, everyone needs to entry and exit in the right time. It is the only way to get the optimum profits. We also don't need to always hold our Bitcoin, it is okay to sell and buy again.  ;)

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Re: Hold or sell?
« Reply #178 on: September 08, 2024, 08:00:36 AM »
in my opinion it is too difficult for XRP to touch ATH like in the past, but anything can happen in the crypro market. I also have and wait for XRP to experience a high price increase. but sometimes we also have to consider before buying coins that have problems with the SEC.

I completely agree with you, the problems with the SEC in tokens with fundamentals are pushing away from investing in them, at the moment and over the next year I am sure that the most profitable thing will be investing in meme tokens, which will most likely occupy the top ten on the coinmarketcap, maybe for a while, but that is not yours, the important thing is that you need to move in step with the market, and the market now needs to show a good price for meme tokens because with their help it is possible to attract a lot of users.
Maybe it's a kind of barrier for a coin when they have problems with Sec, like you said that's what finally makes people hesitate to get into it, or when they initially wanted to, they would cancel their intention.

Personally, I'm honestly not that interested in meme coins, indeed this coin can bring very big profits, but you also have to remember what the risks are. Sometimes I think only lucky people can invest in the right meme coin.

Regarding meme coins, I will say that some funds even invest in them, of course there is a risk here, but it is everywhere, you just need to understand what you are risking and how to correctly enter the coin, here you can consider the meme coin ( dogs ) , which recently came out, if you notice on the chart, there has not been a single pump yet and this means that those who buy them will raise the price, for example, you can safely invest in this coin, this is one of the easiest and freshest examples of which there are many.

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Re: Hold or sell?
« Reply #179 on: September 08, 2024, 04:33:25 PM »

Regarding meme coins, I will say that some funds even invest in them, of course there is a risk here, but it is everywhere, you just need to understand what you are risking and how to correctly enter the coin, here you can consider the meme coin ( dogs ) , which recently came out, if you notice on the chart, there has not been a single pump yet and this means that those who buy them will raise the price, for example, you can safely invest in this coin, this is one of the easiest and freshest examples of which there are many.
Of course everything will be great if we buy the right meme coin, but from the total memecoins available, we don't know for sure which meme coin can make us a big profit.

The recently hyped Dogs also have a big risk, maybe there hasn't been a significant pump graphically, but on the other hand it is not impossible that the opposite will happen. I personally can't say this is a safe place for us to invest in it.

 

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