Hold or sell?

[albon]

Every investor fills the bag with investment and profit according to their plan. Let's say a few month ago the price of bitcoin was low and i filled the bag and already i sold more than 50% because i made good profit. The strategy of planning to take profit and reinvest according to market conditions is the basis of investing. Moreover, since trump victory the price of bitcoin has started to rise. New investors are entering the market and many large institutions are now jumping into bitcoin. Those who are currently buying bitcoins want to get big profits in the future so the price of bitcoins will increase further in the future.

[SmartGold01]

If you truly knows what you are doing then there is every possibility that you would hold it for the duration of year you wanna hold, but if you aren't that really ready then I will say you would be tempted to sell immediately few profits is gotten from it. I have seen some people talking about holding for few years but when they reached they decided to extend their holdings more longer than the previously planned period of investment.

Personally, I think the reason why some Bitcoin investors extends the duration of holding their coins is when they study the market and observe that the price of the coin will continue to rise. My friend who's been holding his coin for over two years now initially told me he was going to sell off everything when the price of Bitcoin hits $100k but when Bitcoin price finally surpass the $100k recently, I reminded him of his initial plans but he told me he's changed his mind because Bitcoin is bound to rise further.

Yes similar things happens as well because people don't know that bitcoin price doesn't remain statics and it moves gradually.
You might plans to hold till 2-4 years but when that particular target is reached and you noticed that the market is still bright you can extend your holdings and monitor the market much. Maybe as you study the market you gain more understanding about the market.

[LUCKMCFLY]

I found everything you said very good. Because you said to hold Bitcoin for 10 years. It is not possible for us to hold for 10 years. because we do not have that much patience. my opinion if you plan to hold the coin then set a specific time in advance. that I will keep this coin until that time. When your specific limit is reached, it is better to sell it. But you should analyze it very carefully . otherwise you may lose your Money.

Don't believe it, there are people who hold on for 10 years or more , Because they are investors who have their objectives clear, and all they do is follow up on their Investments , it is Something that can be difficult to accept, but there are people who do it,  generally those who do it are people who are very well established economically, us or well I am from a middle class economy it is difficult for me to make that type of investment, but there are those who try to do it , in BTC at least you have to wait 4 to 5 years to see benefits, so it is worth doing it.

[enwi]

I found everything you said very good. Because you said to hold Bitcoin for 10 years. It is not possible for us to hold for 10 years. because we do not have that much patience. my opinion if you plan to hold the coin then set a specific time in advance. that I will keep this coin until that time. When your specific limit is reached, it is better to sell it. But you should analyze it very carefully . otherwise you may lose your Money.

Don't believe it, there are people who hold on for 10 years or more , Because they are investors who have their objectives clear, and all they do is follow up on their Investments , it is Something that can be difficult to accept, but there are people who do it,  generally those who do it are people who are very well established economically, us or well I am from a middle class economy it is difficult for me to make that type of investment, but there are those who try to do it , in BTC at least you have to wait 4 to 5 years to see benefits, so it is worth doing it.

Business investment is an activity that demands both commitment and perseverance since skills are only reflected in the long term. While others find it burdensome when it takes so long to await the results of investment, and the financial situation is still in the management category. However, it is often easier to be consistent in following up on investment decisions which can yield tremendous opportunity benefits and if the commitment can be contained without yielding to existing oscillations. One way to do this is to ensure that we have laid down our goals and objectives then choose an amount we are capable of handling. Consequently, decisions arrived with the fullest consciousness turn into a provision for attaining better positions in the yardstick of financial security in the long run.

[alltalk]

No qualms about taking profits as I earlier said about it, but if you project 10 years without touching your investment would sudden price increase triggered you to sell off your holdings?
If yes then such person is not a determinant investor who always stick to their words, I know that plans do changes but even as that, there are people who are holding for decades now and I don't think they are in any regretting currently now because almost about those who were holding till date are on 10x - 100x or above.

It actually depends on the target. You probably take profits when it meets your target. You must consider to take profits whether it is 3,4,5 or 10 years. Everyone must set their target firstly before they start to buy any crypto coins, including Bitcoin.

It is good that an investor will keep their words. However, they are not impossible to change their strategy or their goal in investment. For Bitcoin, I don't think they will hold until 100x. It will be a very long time!! 

[ajiz138]

Yes, it is not easy to achieve, but it is not impossible. It is the same as when we were at 60k for example, many people said it would reach 100k, and it really happened.

But some said it would happen quickly and some said it would take longer. Now some people are also surprised that bitcoin touched the price of 100k in this short time. That means 150k could also happen.

Learned last several year ago when bitcoin hitting higher price above $65k and many people keep believing with bitcoin possibility up to $100k but get failure before dropping drastically to $20k. I think its reason why many people have sell their bitcoin after hitting higher price although unpredictable how bitcoin success hit until $100k and right now keep stable price.
But not close we can see bad moment again in the future after drastically up of bitcoin price always have bad trend with bitcoin dump significant later, now enjoying bitcoin moment keep in the higher price and waiting for recovery to buy back at lower price.

I think such a trend will indeed happen, we can learn and see from several periods of bitcoin that will experience a bear market and reach its lowest price, after that bitcoin will grow again and will reach ATH.

But this is a matter of time, we cannot be very sure when it will happen, we can only speculate and that is based on the experience we have gone through before.

[bounceback]

I think such a trend will indeed happen, we can learn and see from several periods of bitcoin that will experience a bear market and reach its lowest price, after that bitcoin will grow again and will reach ATH.

But this is a matter of time, we cannot be very sure when it will happen, we can only speculate and that is based on the experience we have gone through before.

Always, after bitcoin have bearish and drop most lowest price will recovery and return back to the higher price, but can't speculate yet how long recovery take moment depend how patience the holder waiting for bitcoin return back raise to the higher price.
But looks difference with current bitcoin price keep on the uptrend and easily making new ATH every weeks, in this month bitcoin have many time hit new ATH and latest highest price up to $108k before few percent correction and bitcoin keep stable above $100k.

[legend45]

I think such a trend will indeed happen, we can learn and see from several periods of bitcoin that will experience a bear market and reach its lowest price, after that bitcoin will grow again and will reach ATH.

But this is a matter of time, we cannot be very sure when it will happen, we can only speculate and that is based on the experience we have gone through before.

Always, after bitcoin have bearish and drop most lowest price will recovery and return back to the higher price, but can't speculate yet how long recovery take moment depend how patience the holder waiting for bitcoin return back raise to the higher price.
But looks difference with current bitcoin price keep on the uptrend and easily making new ATH every weeks, in this month bitcoin have many time hit new ATH and latest highest price up to $108k before few percent correction and bitcoin keep stable above $100k.

Bitcoin is currently in the rising trend, and we must be careful if we decide to buy because if there is a decline we will be trapped long in high prices. That's why I prefer to buy the right altcoin that is still far from ATH because I still have an expression of short -term investment. But if you decide for a long -term hold, Bitcoin remains the first choice.

[ajiz138]

I think such a trend will indeed happen, we can learn and see from several periods of bitcoin that will experience a bear market and reach its lowest price, after that bitcoin will grow again and will reach ATH.

But this is a matter of time, we cannot be very sure when it will happen, we can only speculate and that is based on the experience we have gone through before.

Always, after bitcoin have bearish and drop most lowest price will recovery and return back to the higher price, but can't speculate yet how long recovery take moment depend how patience the holder waiting for bitcoin return back raise to the higher price.
But looks difference with current bitcoin price keep on the uptrend and easily making new ATH every weeks, in this month bitcoin have many time hit new ATH and latest highest price up to $108k before few percent correction and bitcoin keep stable above $100k.

Yes, this just requires patience and as much as possible we must use it for a profit. Now many people regret why they did not buy bitcoin when the price was still below 20k some time ago.

Well, actually there are always opportunities that will come to us, it depends on how we can use it, the question is whether we can use it well or not, that's all.,

[LUCKMCFLY]

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..edited out

I think the goal of people investing is to make a profit, so it is advisable for those who invest to have a goal not just to buy, although that is not wrong.
We must have a plan and a target, for example buying bitcoin to have it must also determine a long-term or short-term selling plan.

No body investment with the sole purpose of losing their investment and for that they should also be determined about the possible outcome, it could be lose or profits. The most important thing is when we are making profit from the investment.
That is why we don't have to entertain fear when making investment because we know that definitely two things involved either we lose or gain from our investment that is why we must invest what we can afford to lose and risk.

You said it well, the idea is to have some risk, in order to do things well, I personally think that for everything you have to have and possess a good risk, if we win then good, if not then we lose, we learn and we grow, but it becomes a learning process, and that is important, generally when you lose, many get demotivated and do not continue, but not me, I insist until I achieve my objective, in everything you must persist, in investments you have to have wisdom to know how to intervene, it is always good to get out of the investment but with benefits.

[SmartGold01]

Snip

..edited out

I think the goal of people investing is to make a profit, so it is advisable for those who invest to have a goal not just to buy, although that is not wrong.
We must have a plan and a target, for example buying bitcoin to have it must also determine a long-term or short-term selling plan.

No body investment with the sole purpose of losing their investment and for that they should also be determined about the possible outcome, it could be lose or profits. The most important thing is when we are making profit from the investment.
That is why we don't have to entertain fear when making investment because we know that definitely two things involved either we lose or gain from our investment that is why we must invest what we can afford to lose and risk.

You said it well, the idea is to have some risk, in order to do things well, I personally think that for everything you have to have and possess a good risk, if we win then good, if not then we lose, we learn and we grow, but it becomes a learning process, and that is important, generally when you lose, many get demotivated and do not continue, but not me, I insist until I achieve my objective, in everything you must persist, in investments you have to have wisdom to know how to intervene, it is always good to get out of the investment but with benefits.

There are people who waits to see how others succeed in their investment before they can easily join the investment though when person succeed and blow up their cover you would see lot of people will want to venture into that particular investment, but when their seems to be lost or no progress in that particular investment you would see them losing interest or declining from that investment because they are not readily available to lose their single pin. But when there seems to be progress you would see them continually delving into that particular investments, and waiting for their results.

[rizqillah]

There are people who waits to see how others succeed in their investment before they can easily join the investment though when person succeed and blow up their cover you would see lot of people will want to venture into that particular investment, but when their seems to be lost or no progress in that particular investment you would see them losing interest or declining from that investment because they are not readily available to lose their single pin. But when there seems to be progress you would see them continually delving into that particular investments, and waiting for their results.

The success of a person will attract the interest of others to follow him, this is a fact that happens. but the failure of a person makes others stay away from that investment. However, in investing in crypto if we learn it and have experience there, of course we will succeed.
Because for me investing in crypto is something that is profitable.

[debra]

Bitcoin is currently in the rising trend, and we must be careful if we decide to buy because if there is a decline we will be trapped long in high prices. That's why I prefer to buy the right altcoin that is still far from ATH because I still have an expression of short -term investment. But if you decide for a long -term hold, Bitcoin remains the first choice.

Bitcoin has been in the rising trend for few months. I think it is not recommended anymore to buy many Bitcoin. I prefer to keep holding my existing Bitcoin than buying another Bitcoin. Now, Bitcoin is dumped, the price drop a lot from $108k to $95k. It is a big decline, I'm actually a bit surprised. Well, it is okay if you want to focus on buying altcoins now. Top altcoins can be the priority to buy now.

[pawel7777]

We are having some minor correction today. Bitcoin's price tanked to $95,588, which is almost 12% below the new ATH we were celebrating two days ago.
Altcoins are getting hit even harder, as Bitcoin's dominance has risen to 57.6%, which is the highest since late November.
The Fear & Greed index also dropped to 69 (Greed).
The previous indications of Altcoins season turned out to be pre-mature. The CMC Altcoin Season Index got corrected and is now showing we are still in the Bitcoin season:

[doc]

We are having some minor correction today. Bitcoin's price tanked to $95,588, which is almost 12% below the new ATH we were celebrating two days ago.
Altcoins are getting hit even harder, as Bitcoin's dominance has risen to 57.6%, which is the highest since late November.
The Fear & Greed index also dropped to 69 (Greed).
The previous indications of Altcoins season turned out to be pre-mature. The CMC Altcoin Season Index got corrected and is now showing we are still in the Bitcoin season:

that's the fact that we see right now, we are still in bitcoin season because the focus of investors on bitcoin is still high there has been no shift to altcoin.
I think altcoin season will happen next year, so be patient.
If there is still a chance, buy potential altcoins to hold until next year.