Re: Hold or Sell

As long as I see profit I will sell. But I will only sell 70% of my holdings and hold the 30%. Im still a newbie so Im still practicing buying and selling.

With a newbie, I appreciate your choice, it is a smart option, it can guarantee that you do not miss too much, and with this choice, I'm sure you will never feel Regret with your choice.

Yes this is another better option for further savings and profits as long as price is going up and you are carefully observe the price charts. As well said, you will not be losing much or even you will not be losing anything I suppose if you just decide with wisely and carefully. Sell and hold, do both at once and make profit.

Selling and holding both can benefit you if done at right time. For selling, you need to choose those coins that can produce immediate profits and this is only possible with altcoins. For bigger profits, you need to save your coins and that is only possible with bitcoins. Bitcoins are up till now best for holding.

but I think it is depending on the price for which the op bought the bitcoin. I think if he has bought it in a low price, the he can book the profit. but he bought it recently then he should hold it for the price increase, because still bitcoin price will continue increasing.

Selling bitcoin was depend on the owner, because due to continues increasing of bitcoin in the market. For me I suggest to hold for the mean time the bitcoin because I feel that it was increase more. I expect that this time bitcoin value was reach $4500 and up.

Holding is quite amazing approach if you intended to make some safe money after a long time. And currently you got enough money to run your other chores and households. But if you got not enough, then I think selling is quite better for a regular profit. Still it depends on the strategy you are moving with.