Imagine selling Bitcoin when it was over $100K and now thinking about selling again. What a disaster that would be.
Should You Sell or Hold Bitcoin Now?
20 replies 310 views
Yeah, this constant red is rough, but if you held strong back then, do the same now. Stay strong, we're all in this together.
I felt the same when Bitcoin hit 109K. Didn't sell hoping for another all-time high. Now I'm not rekt, but def not as profitable as I could be.
min3r_ninj4Full Member
Posts: 11 · Reputation: 463
#4Jan 12, 2021, 12:04 PM
Before jumping in, understand crypto moves up and down. Be ready for both sides because they’re bound to happen.
True. The dip sucks, but it’s just opportunity to buy more. Bitcoin's volatile, but patience pays off in the long run.
I sold a bit when it hit 109K to buy something I wanted. Just 10% though, my goal is still way higher than 100K.
wizard2018Member
Posts: 5 · Reputation: 238
#7Jan 13, 2021, 10:42 PM
I dumped a lot over 100K and now I'm stacking cash for when it dips below 70K.
If you're still holding, don't sell yet. You might miss a bigger rebound if you do. Accumulate as much as possible.
Hodling till I hit my target price. The current phase will pass, and I'm confident we'll see new highs.
Newbies freaking out and selling at a loss... don't let FOMO get you. Just buy the dip and hang on.
So true. Why do people panic sell? If you know you’re too scared, sell when the price is up, not down.
Having an emergency fund is key. Hodlers don't just sell because the price dips. It makes no sense!
maxi_yieldNewbie
Posts: 10 · Reputation: 5
#13Jan 16, 2021, 02:13 PM
Bitcoin hit $77K today but I’m not planning to sell. I expect it to return to new heights soon.
chris.novaMember
Posts: 81 · Reputation: 229
#14Jan 19, 2021, 12:23 AM
Not giving up is good, but trading smart is key. If we dip to 70K, I’ll be buying back.
Selling high and buying low does work, but is tricky. You might not catch the lowest price. Can be risky.
greg.protoMember
Posts: 21 · Reputation: 58
#16Jan 19, 2021, 05:57 AM
I’m not a trader; I’m a spender. Sold a bit when Bitcoin was high to buy things I needed.
Crypto investment needs understanding. Know when to hop in and out based on demand and market behavior.
Selling can be smart if you got in at a low price. Hodling makes more sense if you just bought this year.
bit_sat05hiNewbie
Posts: 9 · Reputation: 1
#19Jan 19, 2021, 01:57 PM
I sold some at 109K for personal reasons. Sometimes you gotta do what you gotta do.
When’s the right time to take profits? Accumulating during dips is smart for the long haul.