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Author Topic: Hold or sell?  (Read 39158 times)

Offline Tribalchief

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Re: Hold or sell?
« Reply #195 on: September 16, 2024, 12:37:17 AM »
It is better to target at several prices and not sell all your coins at once because we can get profit if the price goes higher than $100K, many do that. I also do it sometimes and get higher profit if the price goes up again.
I also sell my altcoins at several price targets, not just at one price.

Selling everything once is never a good idea - there are times when you go all out and sell off all your holdings because you feel that price was good but after sometime (while you’re still waiting for the price to drop so that you can buy back to hold) you noticed that the price keeps increasing. 

The last all time high that bitcoin got to, a lot of people sold before hit got to that price because they felt it won’t increase more than that while some sold part of their holding and when it got to all time high they sold some part of it too, and when it reduced they used the money to purchase more bitcoin and are currently waiting for the price to drop so they can buy more.

Selling, especially at a very high price can be very profitable if only the seller probably had a second chance of buying at a lower rate again. But is it worth the risk at all?. Bitcoin price movement is uncertain. Selling at a good price, with the mindset of buying at a lower rate is a tough risk on its own, because we might sometimes be compelled to wait for a very long time before getting a lower price that suits our purchasing power. So I agree with you that selling all holdings at once is never a great idea.

Just imagine someone selling his/her holdings when Bitcoin was around $70K some months back, and had to wait till when Bitcoin touched down to $53.8K(which happened sometime last week). The timeframe to experience such dip is so lengthy and d I don't think everyone will be willing to take that risk, though there are some investors that are natural risk takers, and can even go beyond that.
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Re: Hold or sell?
« Reply #195 on: September 16, 2024, 12:37:17 AM »

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Offline doc

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Re: Hold or sell?
« Reply #196 on: September 16, 2024, 09:07:28 AM »
It is better to target at several prices and not sell all your coins at once because we can get profit if the price goes higher than $100K, many do that. I also do it sometimes and get higher profit if the price goes up again.
I also sell my altcoins at several price targets, not just at one price.

Selling everything once is never a good idea - there are times when you go all out and sell off all your holdings because you feel that price was good but after sometime (while you’re still waiting for the price to drop so that you can buy back to hold) you noticed that the price keeps increasing. 

The last all time high that bitcoin got to, a lot of people sold before hit got to that price because they felt it won’t increase more than that while some sold part of their holding and when it got to all time high they sold some part of it too, and when it reduced they used the money to purchase more bitcoin and are currently waiting for the price to drop so they can buy more.

Selling, especially at a very high price can be very profitable if only the seller probably had a second chance of buying at a lower rate again. But is it worth the risk at all?. Bitcoin price movement is uncertain. Selling at a good price, with the mindset of buying at a lower rate is a tough risk on its own, because we might sometimes be compelled to wait for a very long time before getting a lower price that suits our purchasing power. So I agree with you that selling all holdings at once is never a great idea.

Just imagine someone selling his/her holdings when Bitcoin was around $70K some months back, and had to wait till when Bitcoin touched down to $53.8K(which happened sometime last week). The timeframe to experience such dip is so lengthy and d I don't think everyone will be willing to take that risk, though there are some investors that are natural risk takers, and can even go beyond that.
if I prefer to sell all my bitcoins when they reach ATH, because while waiting for the bitcoin price to drop I will scalp potential altcoins. so my funds are not idle but I rotate them to gain profit from top coins. it requires focus and always monitoring the market because when there is a correction the altcoin price will also drop so we must understand the direction of the crypto market movement.

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Re: Hold or sell?
« Reply #196 on: September 16, 2024, 09:07:28 AM »

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Offline satpol_PP

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Re: Hold or sell?
« Reply #197 on: September 16, 2024, 01:22:31 PM »

if I prefer to sell all my bitcoins when they reach ATH, because while waiting for the bitcoin price to drop I will scalp potential altcoins. so my funds are not idle but I rotate them to gain profit from top coins. it requires focus and always monitoring the market because when there is a correction the altcoin price will also drop so we must understand the direction of the crypto market movement.
Everyone has their own method in investing and trading. I only sell 40% - 60% of my bitcoin when it hits ATH, because I will wait for the next ATH. because in every 4-year cycle, ATH towards bullish season is not ATH top because we will see ATH top during bullish season and that is likely to happen next year. By the end of this year bitcoin is likely to hit new ATH and we must have a plan to sell all or part of it.

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Re: Hold or sell?
« Reply #198 on: September 16, 2024, 03:20:48 PM »

if I prefer to sell all my bitcoins when they reach ATH, because while waiting for the bitcoin price to drop I will scalp potential altcoins. so my funds are not idle but I rotate them to gain profit from top coins. it requires focus and always monitoring the market because when there is a correction the altcoin price will also drop so we must understand the direction of the crypto market movement.
Everyone has their own method in investing and trading. I only sell 40% - 60% of my bitcoin when it hits ATH, because I will wait for the next ATH. because in every 4-year cycle, ATH towards bullish season is not ATH top because we will see ATH top during bullish season and that is likely to happen next year. By the end of this year bitcoin is likely to hit new ATH and we must have a plan to sell all or part of it.
Your trading policy may be a bit better but the withdrawal amount should be 25% if you have a decent amount of bitcoin holdings. If you don't have enough bitcoin holdings, you should tend to buy more. Bitcoin price will keep touching ATH again and again and you must run bitcoin deposits and make proper use of every bullish period or withdrawal trend. As a bitcoin investor I keep depositing bitcoin regularly to take advantage of maximum 25% withdrawal during each ATH.
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Offline Cantsay

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Re: Hold or sell?
« Reply #199 on: September 16, 2024, 06:19:28 PM »
if I prefer to sell all my bitcoins when they reach ATH, because while waiting for the bitcoin price to drop I will scalp potential altcoins. so my funds are not idle but I rotate them to gain profit from top coins. it requires focus and always monitoring the market because when there is a correction the altcoin price will also drop so we must understand the direction of the crypto market movement.

100% all out is not my kind of strategy and it’s not something I’ll advice someone to do - just like the post above said, selling part of my bitcoin is always the best when it hits a new all time high because there’s a possibility of it moving up again and creating a new all time high - remember that we can’t actually predict correctly with 100% certainty the movement of bitcoin price so selling this way will prevent my from losing an opportunity of selling at higher price if one should come.
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Re: Hold or sell?
« Reply #200 on: September 16, 2024, 06:31:33 PM »
As we are HODL from 2022 ee will not sale anything before 1,00,000 usdt per BTC price.
But we must have to take small small target instead of that bcz due to higher target price we loose our emotions.

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Re: Hold or sell?
« Reply #201 on: September 16, 2024, 06:37:01 PM »

Actually, such a desire has been there for a long time but the situation is not favorable, maybe now I can even though the value is not that big, the most important thing is that when Bitcoin is at $100k I will not be a spectator, but maybe I will switch to Ethereum because in my opinion with a small capital the benefits obtained are greater than Bitcoin.
altcoin is always more profitable than bitcoin, because with the same capital we can get profit many times by investing in altcoin. why do people prefer bitcoin? because bitcoin is safer even though the profit is much less than altcoin.
The risk of altcoin is higher, but if we choose top coins it seems safe, I have done it many times and always experience victory even though sometimes I have to hold because I am trapped in the price. but that's how investment is, we have to be patient waiting if we are trapped.
You are absolutely right because I have experienced it, I once bought a coin that was not in the top 10 on CMC san now that coin is getting no price, I bought it because I was sure of the analysis I made but what happened was not what I thought now those coins are ranked more than 100 on CMC and I learned a lot from it, now I only focus on a few coins that clearly have value and network activeness.
From the beginning I invested in crypto I never bought coins that were more than the top 20, because I doubted whether the coin would survive or not. Because I have no experience to do research on new coins or outside the top 20 coins. Investment is a matter of money, it is true that we use funds that we are ready to lose but we also want profit
Yes you are right everyone wants profits not losses, now I start separating between coins that are intended for the next four years, I only have a little TOncoin and Ethereum.

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Re: Hold or sell?
« Reply #201 on: September 16, 2024, 06:37:01 PM »


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Re: Hold or sell?
« Reply #202 on: September 17, 2024, 05:04:46 AM »

Actually, such a desire has been there for a long time but the situation is not favorable, maybe now I can even though the value is not that big, the most important thing is that when Bitcoin is at $100k I will not be a spectator, but maybe I will switch to Ethereum because in my opinion with a small capital the benefits obtained are greater than Bitcoin.
altcoin is always more profitable than bitcoin, because with the same capital we can get profit many times by investing in altcoin. why do people prefer bitcoin? because bitcoin is safer even though the profit is much less than altcoin.
The risk of altcoin is higher, but if we choose top coins it seems safe, I have done it many times and always experience victory even though sometimes I have to hold because I am trapped in the price. but that's how investment is, we have to be patient waiting if we are trapped.
You are absolutely right because I have experienced it, I once bought a coin that was not in the top 10 on CMC san now that coin is getting no price, I bought it because I was sure of the analysis I made but what happened was not what I thought now those coins are ranked more than 100 on CMC and I learned a lot from it, now I only focus on a few coins that clearly have value and network activeness.
From the beginning I invested in crypto I never bought coins that were more than the top 20, because I doubted whether the coin would survive or not. Because I have no experience to do research on new coins or outside the top 20 coins. Investment is a matter of money, it is true that we use funds that we are ready to lose but we also want profit
Yes you are right everyone wants profits not losses, now I start separating between coins that are intended for the next four years, I only have a little TOncoin and Ethereum.
However, long term staking involves identifying coins that have high potential in the coming years and that is what these are. It’s good advice to hold a little Toncoin and Ethereum in your bag because both assets are exciting for the future. For example, you can be a relaxed personality when putting your money into it because you have placed your money in assets that you understood would grow once you gathered more information about them. Continue to monitor the progress and the new trend as well as the change that may occur in the market depending on your investment goals.

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Re: Hold or sell?
« Reply #203 on: September 17, 2024, 06:35:36 AM »

However, long term staking involves identifying coins that have high potential in the coming years and that is what these are. It’s good advice to hold a little Toncoin and Ethereum in your bag because both assets are exciting for the future. For example, you can be a relaxed personality when putting your money into it because you have placed your money in assets that you understood would grow once you gathered more information about them. Continue to monitor the progress and the new trend as well as the change that may occur in the market depending on your investment goals.
ethereum and TON are quite potential to be held long term, because we see their movement this year even though ethereum seems to be less progress but I have confidence that ethereum will reach Ath next year. TON will also give satisfactory results during the bullish season. We can also hold Solanan and BNB, these two coins are also quite good.

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Re: Hold or sell?
« Reply #204 on: September 17, 2024, 01:45:30 PM »
The corridor in which Bitcoin is now has a very funny effect on everyone who wants to argue: should I buy or sell? The thing is that we are in a downward trend, and it is strange how predictably the market has been behaving lately. And this worries me. The trends are too obvious, minimum and maximum. It is strange.
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Offline dekafee79

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Re: Hold or sell?
« Reply #205 on: September 17, 2024, 08:44:16 PM »
The corridor in which Bitcoin is now has a very funny effect on everyone who wants to argue: should I buy or sell? The thing is that we are in a downward trend, and it is strange how predictably the market has been behaving lately. And this worries me. The trends are too obvious, minimum and maximum. It is strange.
At present the price of Bitcoin has gone up to $ 61K, we should wait for another correction if you want to buy. Because last week we saw the price of Bitcoin was at a low point and that was the best time to buy. But if at this time I don't want to buy Bitcoin or Altcoin, because it looks like the market will rise again. Hold our coin and wait

Online pieppiep

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Re: Hold or sell?
« Reply #206 on: September 18, 2024, 10:59:14 AM »
The corridor in which Bitcoin is now has a very funny effect on everyone who wants to argue: should I buy or sell? The thing is that we are in a downward trend, and it is strange how predictably the market has been behaving lately. And this worries me. The trends are too obvious, minimum and maximum. It is strange.
At present the price of Bitcoin has gone up to $ 61K, we should wait for another correction if you want to buy. Because last week we saw the price of Bitcoin was at a low point and that was the best time to buy. But if at this time I don't want to buy Bitcoin or Altcoin, because it looks like the market will rise again. Hold our coin and wait
Yes, it is very crucial at the current times to monitor changes in the market carefully. There as times when it is more preferable not to go straight to decision-making processes, particularly if you are not very sure about the next fad. Moreover, there is nothing wrong with exploring more about the other investment options which is perhaps more secure or apt for us and our financial planning. The key thing is not to panic and, again, it is always wise not to put too much money in one asset since there is such a thing as diversification that can help lower risk as well.

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Re: Hold or sell?
« Reply #207 on: September 18, 2024, 06:35:57 PM »

Yes you are right everyone wants profits not losses, now I start separating between coins that are intended for the next four years, I only have a little TOncoin and Ethereum.
But if you have ETH leave it in Hodl mode since when bitcoin goes up in price ETH will have a big turn upwards, I think it can give much more than btc itself, if btc goes up x 2 or x3 ETH can do the same movement, even a little more, even so when it comes to ETH I see things favorable, for me it is the alt that I trust the most, because I personally have always put BTC first, but clearly if they gave me a choice for an alt it would be ETH and another would be Monero because of what that alt represents privacy and anonymity.
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Offline rizqillah

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Re: Hold or sell?
« Reply #208 on: September 21, 2024, 09:00:37 PM »

Yes you are right everyone wants profits not losses, now I start separating between coins that are intended for the next four years, I only have a little TOncoin and Ethereum.
But if you have ETH leave it in Hodl mode since when bitcoin goes up in price ETH will have a big turn upwards, I think it can give much more than btc itself, if btc goes up x 2 or x3 ETH can do the same movement, even a little more, even so when it comes to ETH I see things favorable, for me it is the alt that I trust the most, because I personally have always put BTC first, but clearly if they gave me a choice for an alt it would be ETH and another would be Monero because of what that alt represents privacy and anonymity.
Yes, the movement of ethereum will be similar to bitcoin during the bullish season, although currently ethereum seems to have difficulty in returning to touch $ 3K but I am sure that next year ethereum will show good progress. so I agree with you, if we have ethereum, we should hold it and wait until the bullish season.

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Re: Hold or sell?
« Reply #209 on: September 24, 2024, 03:21:49 AM »
Yes, the movement of ethereum will be similar to bitcoin during the bullish season, although currently ethereum seems to have difficulty in returning to touch $ 3K but I am sure that next year ethereum will show good progress. so I agree with you, if we have ethereum, we should hold it and wait until the bullish season.

That's right, what happens is that the movements of ETH when we have it in hodl mode when it grows is super good, you have very good profits and that is what I like most about this currency, for me it is very good, I consider it the second best , since the best is bitcoin, but even so things are always very good to have it and hodl it, I think this currency never disappoints , it is one of the alts that are best positioned and one of the most accepted, there is no doubt about it, I am with you that it has to be hodl.
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