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Author Topic: Hold or sell?  (Read 39105 times)

Offline Parzival204

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Re: Hold or sell?
« Reply #210 on: September 25, 2024, 08:49:10 AM »
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?
I don't know whether Bitcoin will reach that place or not, considering the recent Bitcoin movements. But if Bitcoin reaches that target, then I will prefer to sell some part of my holdings. We invest only to earn money so that we can use that money to buy basic things and enjoy them. If any person still uses "hodl" after reaching that target, then I would call them a little bit stupid because holding onto something you can spend is not actually beneficial. This is my view, and I know every person has their own point of view, and I respect their decisions.

It's true that investment in the form of BTC will promise something profitable. Provided that someone can control their emotions in taking a stance when selling or buying it. But for beginner investors this will be a big challenge. Where they want profits in the short term. And if they remain optimistic and do not rush to take action. Of course their profits will be in accordance with what they want
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Re: Hold or sell?
« Reply #210 on: September 25, 2024, 08:49:10 AM »

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Offline doc

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Re: Hold or sell?
« Reply #211 on: September 25, 2024, 10:52:16 AM »
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?
I don't know whether Bitcoin will reach that place or not, considering the recent Bitcoin movements. But if Bitcoin reaches that target, then I will prefer to sell some part of my holdings. We invest only to earn money so that we can use that money to buy basic things and enjoy them. If any person still uses "hodl" after reaching that target, then I would call them a little bit stupid because holding onto something you can spend is not actually beneficial. This is my view, and I know every person has their own point of view, and I respect their decisions.

It's true that investment in the form of BTC will promise something profitable. Provided that someone can control their emotions in taking a stance when selling or buying it. But for beginner investors this will be a big challenge. Where they want profits in the short term. And if they remain optimistic and do not rush to take action. Of course their profits will be in accordance with what they want
Bitcoin is perfect for long-term investment, and newbies should learn to manage emotions by staying calm watching the crypto market movement because the crypto market is difficult to predict but if you want to hold long term we must be patient. The main key is entry and exit at the right time and that takes experience.

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Re: Hold or sell?
« Reply #211 on: September 25, 2024, 10:52:16 AM »

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Offline Ricardo11

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Re: Hold or sell?
« Reply #212 on: September 25, 2024, 11:12:04 AM »
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?
I don't know whether Bitcoin will reach that place or not, considering the recent Bitcoin movements. But if Bitcoin reaches that target, then I will prefer to sell some part of my holdings. We invest only to earn money so that we can use that money to buy basic things and enjoy them. If any person still uses "hodl" after reaching that target, then I would call them a little bit stupid because holding onto something you can spend is not actually beneficial. This is my view, and I know every person has their own point of view, and I respect their decisions.

It's true that investment in the form of BTC will promise something profitable. Provided that someone can control their emotions in taking a stance when selling or buying it. But for beginner investors this will be a big challenge. Where they want profits in the short term. And if they remain optimistic and do not rush to take action. Of course their profits will be in accordance with what they want
Bitcoin is perfect for long-term investment, and newbies should learn to manage emotions by staying calm watching the crypto market movement because the crypto market is difficult to predict but if you want to hold long term we must be patient. The main key is entry and exit at the right time and that takes experience.
Bitcoin investing should always be a long-term investment, and it requires patience, emotional control and a controlled mindset. A new investor always gets panicked by the ups and downs of the market, which affects their holdings very negatively, so one must always keep his emotions under control, never get upset by the ups and downs of the market, because the market is never in one place. It does not stop, it fluctuates all the time. If the value of Bitcoin falls now, it will surely rise later, an investor can make long-term holdings by always having faith in this fact.

Predicting the crypto market is not an easy task. So long term investment should be done, if a new investor invests for long term he will see its benefit over time and after long time holding he will definitely get big profit.
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Offline laijsica

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Re: Hold or sell?
« Reply #213 on: September 25, 2024, 06:55:45 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?
I don't know whether Bitcoin will reach that place or not, considering the recent Bitcoin movements. But if Bitcoin reaches that target, then I will prefer to sell some part of my holdings. We invest only to earn money so that we can use that money to buy basic things and enjoy them. If any person still uses "hodl" after reaching that target, then I would call them a little bit stupid because holding onto something you can spend is not actually beneficial. This is my view, and I know every person has their own point of view, and I respect their decisions.

It's true that investment in the form of BTC will promise something profitable. Provided that someone can control their emotions in taking a stance when selling or buying it. But for beginner investors this will be a big challenge. Where they want profits in the short term. And if they remain optimistic and do not rush to take action. Of course their profits will be in accordance with what they want
Bitcoin is perfect for long-term investment, and newbies should learn to manage emotions by staying calm watching the crypto market movement because the crypto market is difficult to predict but if you want to hold long term we must be patient. The main key is entry and exit at the right time and that takes experience.
Correct. Regardless of the market's price trend, regular buying mentality should be kept which increases the growth of Bitcoin. Consistently, when you have a decent holding, your financial strength will increase and you should increase your purchases in bearish times and take care of your holdings through patience in bullish times.
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Offline Promocodeudo

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Re: Hold or sell?
« Reply #214 on: September 25, 2024, 09:28:53 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?

Everyone have there Bitcoin investment goals which I can't not question but I know for sure that Bitcoin investment is a long-term stuff so anyone  thats not in line with that should be regarded as a short-term investor, yea we have all been waiting for the the new ATH which is 100k and above but the question is how prepared are we, I think we should be more bothered about how much Bitcoin we have accumulated so far, I don't think this question is for me because am stil in my accumulation process so for now I don't have anything to do with selling even though Bitcoin rise above 100k, as bitcoiners, I think we should have known by now that Bitcoin price will not stop at 100k so why will I bother when my plans is for the future, I don't know how long other people have been hodling their Bitcoin as for me I still have time to accumulate until I reach my level of satisfaction and hodl for a long-term I don't see selling to get a little of my profit as an option for me.
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Offline Metha Wulandarin

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Re: Hold or sell?
« Reply #215 on: September 25, 2024, 09:34:31 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, that's what I mean if Bitcoin can provide 10% profit then Ethereum can provide more than the profit obtained from Bitcoin with the same capital.
When you mentioned the name Monero I immediately checked on the Binance and bybit exchanges but Monero is not on both of them only available in futures not in spot trading, maybe XMR is pretty good but I'm still not interested, I'm more interested in TON.

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Re: Hold or sell?
« Reply #216 on: September 25, 2024, 10:20:23 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?
I don't know whether Bitcoin will reach that place or not, considering the recent Bitcoin movements. But if Bitcoin reaches that target, then I will prefer to sell some part of my holdings. We invest only to earn money so that we can use that money to buy basic things and enjoy them. If any person still uses "hodl" after reaching that target, then I would call them a little bit stupid because holding onto something you can spend is not actually beneficial. This is my view, and I know every person has their own point of view, and I respect their decisions.
The major reason for our Bitcoin investment is to make some profits out of it, whether it is for short term or long term. Nobody who's investing in Bitcoin that doesn't have the intention to sell their Bitcoin holdings at a high price. As the crypto bull runs close by, many have mapped out the price they are to sell some parts of their Bitcoin, if not all of them. As for me, I am thinking of selling some of my holdings of Bitcoin for around $100k + price.

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Re: Hold or sell?
« Reply #216 on: September 25, 2024, 10:20:23 PM »


Offline Aanuoluwatofunmi

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Re: Hold or sell?
« Reply #217 on: September 26, 2024, 01:19:31 AM »
Knowing when to sell or hold is very important in cryptocurrency, this is what we should learn to know and do whenever we are investing on any crypto asset, profitability does not just come alone like that, but it has to be base on how we are aware of the conditions involved in whatever thing we do, we  also cant pretend to say that some are not losing as well due to the same reason on what we are considering as the subject matter here from the discussion.

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Re: Hold or sell?
« Reply #218 on: September 26, 2024, 06:09:38 AM »
The major reason for our Bitcoin investment is to make some profits out of it, whether it is for short term or long term. Nobody who's investing in Bitcoin that doesn't have the intention to sell their Bitcoin holdings at a high price. As the crypto bull runs close by, many have mapped out the price they are to sell some parts of their Bitcoin, if not all of them. As for me, I am thinking of selling some of my holdings of Bitcoin for around $100k + price.

Of course the price of Bitcoin will hit $100K but it is more likely to succeed in 2025.  Most of the big investors are basically holding Bitcoin targeting 2025, so we need to be patient if we want to get more benefit and higher price.  Because the more patience you have, the more progress you can make in Bitcoin alone.

Knowing when to sell or hold is very important in cryptocurrency, this is what we should learn to know and do whenever we are investing on any crypto asset, profitability does not just come alone like that, but it has to be base on how we are aware of the conditions involved in whatever thing we do, we  also cant pretend to say that some are not losing as well due to the same reason on what we are considering as the subject matter here from the discussion.

If one wants to invest in Bitcoin, it is definitely best to invest for the long term.  But if you don't have enough accumulated money then of course you can invest it slowly and gradually every week.  But this investment must be converted into DCA method that the investment continues to be invested on a weekly basis for a long period of time.  As I have been investing bitcoins every week for two years now my portfolio is getting bigger and I have enough bitcoins.  So only long term investment is possible to get success but following DCA method can be most beneficial.

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Re: Hold or sell?
« Reply #219 on: September 26, 2024, 03:04:19 PM »
Knowing when to sell or hold is very important in cryptocurrency, this is what we should learn to know and do whenever we are investing on any crypto asset, profitability does not just come alone like that, but it has to be base on how we are aware of the conditions involved in whatever thing we do, we  also cant pretend to say that some are not losing as well due to the same reason on what we are considering as the subject matter here from the discussion.
that's right, in investing in crypto you have to know when to buy and when to sell. because it's not easy for us to do that if we don't have experience and always monitor the market. especially if we decide to trade and hold the medium term we must always monitor the market and be able to predict the price correctly. while for those who prefer to hold the long term it is easier to monitor it does not have to be every day.

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Re: Hold or sell?
« Reply #220 on: September 26, 2024, 07:47:27 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?

        -       As long as my strategy or plan is simple, I will accumulate crypto that I want and hold it for a few years or months, and I must have a price target for when I will sell it, and I will only sell it once the price is even that I'm waiting for.

That's just the simple plan I'm making, and probably others are also like this, and others can depend on the situation that's happening; it's just that simple to imagine.

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Re: Hold or sell?
« Reply #221 on: September 26, 2024, 08:09:32 PM »
So far I am still HODLing bitcoin because I am optimistic that bitcoin will be bullish this year, several investors and experts have analyzed that bitcoin will rally in the near future.

I will continue to HODL as much as I can.

The thing is, I saw some of my friends who bought bitcoin at a price of $60K and in August bitcoin crashed to a price of $50K, they panicked and just sold it because the situation was not possible for them.

The point is, if you continue to HODL, you will never lose.

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Re: Hold or sell?
« Reply #222 on: September 26, 2024, 09:59:35 PM »
As long as my strategy or plan is simple, I will accumulate crypto that I want and hold it for a few years or months, and I must have a price target for when I will sell it, and I will only sell it once the price is even that I'm waiting for.
That's just the simple plan I'm making, and probably others are also like this, and others can depend on the situation that's happening; it's just that simple to imagine.
I think we all have the same plan. We buy Bitcoin and hold the Bitcoin until the price meets with our selling target. How long to hold the Bitcoin may be varied, some people may hold for months but other may hold for years. It actually depends on the selling target. If people have the target to sell at very high price, they must hold for many years. But if they only target to get not so high profits, they may hold for few months only.


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Re: Hold or sell?
« Reply #223 on: September 26, 2024, 11:14:54 PM »
The major reason for our Bitcoin investment is to make some profits out of it, whether it is for short term or long term. Nobody who's investing in Bitcoin that doesn't have the intention to sell their Bitcoin holdings at a high price. As the crypto bull runs close by, many have mapped out the price they are to sell some parts of their Bitcoin, if not all of them. As for me, I am thinking of selling some of my holdings of Bitcoin for around $100k + price.
Of course the price of Bitcoin will hit $100K but it is more likely to succeed in 2025.  Most of the big investors are basically holding Bitcoin targeting 2025, so we need to be patient if we want to get more benefit and higher price.  Because the more patience you have, the more progress you can make in Bitcoin alone.
Let's not mistake the fact that the amount of profits to make in Bitcoin alone depends on how much you invested in it.

The current state of the market is not when you, as an investor, will invest a small amount in Bitcoin and expect huge profits by next year. Expect minimal profits if that's the case. But for anticipation of huge profits, learn to invest in Bitcoin during the bearish, and hodl through the bull market. That's the secret of making good gains from Bitcoin investment.

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Re: Hold or sell?
« Reply #224 on: September 27, 2024, 12:58:03 AM »

Let's not mistake the fact that the amount of profits to make in Bitcoin alone depends on how much you invested in it.

The current state of the market is not when you, as an investor, will invest a small amount in Bitcoin and expect huge profits by next year. Expect minimal profits if that's the case. But for anticipation of huge profits, learn to invest in Bitcoin during the bearish, and hodl through the bull market. That's the secret of making good gains from Bitcoin investment.
Of course the profit we can get from investment depends on the amount of money we use, the bigger our capital will get the bigger profit. but the right entry and exit also determine the amount of profit. If we buy when bearish and hold until bullish season with large capital of course it will provide higher profit for long-term method, but some focus more on short and medium-term method.
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