Post
Topic
Board Bitcoin Discussion
Re: What do you think? Selling all or not
by
TakeItEasy
on 20/10/2023, 18:21:02 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?

How much do you have now? We have seen a lot of users who have not even bought bitcoins yet and they wanted to take an entry at this stage which is not a wise solution as at this stage we can't say clearly what will happen next. So, that also depends upon your portfolio how much percentage of your portfolio has bitcoin?

If you have 100% of the bitcoin in the portfolio then I think it better to sell 50% at this stage, that will decrease your risk and I think you should also buy it at a lower price than now. So, you will be in profit with that 50% you are selling it now. And if you have 50% bitcoin already then I think it would be better to hold on all these.

Crypto is too volatile as we expect Bitcoin to move forward and give us a good profit in the coming year as there will be Bitcoin Halving. Thinking of buying more if it goes to the dip.