Post
Topic
Board Bitcoin Discussion
Re: What do you think? Selling all or not
by
JunaidAzizi
on 20/10/2023, 16:54:43 UTC
Have seen a lot of threads talking about the bull market, and everyone making comments.
I don't think selling all bitcoin in the bull market is a good idea. Why? Knowing the fact that the next bull price will still come as bitcoin continues to grow, so I don't think selling all my bitcoin in the bull market is the best.
Everyone is holdle bitcoin in the bear market and planning to sell in the bull market, now, when finally, the bull market  comes should I sell all my bitcoins and prepare to accumulate from afresh in the next bear market again? or should I keep some percentage to continue the accumulation?
It depends on the well and choice of the holder what he can do to his Bitcoin but asked for suggestions I am going to give my two opinions and both are the best just pick one and use it. The first one is as you mentioned in your post to not sell your all bitcoin in one bull run there must be another one that comes after this and when you keep your bitcoin then you do not need to buy bitcoin for the next bull run and its price will increase definitely from the last one. The second one is to sell your bitcoin in a bull run and the reason behind it is when you sell your bitcoin in ATH it will give you a high profit and you can easily do something on that profit we know the price of bitcoin is volatile it goes up and down and let say if you need money and market is down then you will definitely selling it on loss. But when you sell it in ATH and grab the money for the next bull, you will buy it in the bearish market and sell it on the bullish market it will give you more profit than keeping it safe for the next bull run.