Quote from: btc_angela on Today at 11:50:29 AM

Quote from: K_vin on Today at 09:44:56 AM

This is one of the most loggerhead discussions about the bitcoin market, should I hold or sell, so I want this to be a tread of your opinions and why

I will go first

The idea of either holding or selling your coins is always done with speculations and fear of the unknown in most cases(not all) however I feel this decision is not supposed to be based on arbitrary and random speculations, it should be done with proper analysis considering the economic and technical implications in the coin, whybwas the coin created by who if possible, what else can the coin be used for etc btc for example is gaining more and more global traction on a daily basis for so many reasons. with this kind of economic information dded with the technical formation of the coin, decisions about holding or selling is almost 50% solved
So I would prefer to hold for as long as possible, since coins generally do well with time

It's pretty obvious that if we talk about BTC, then it's good if we are going to hold for long term. Although that is big challenge for us investors, specially average joe like the majority of us. I mean we will have to go to a lot of process to accumulate and it's probably more of a mental battle.

And again, the question on how you are going to accumulate it, are you going to buy in lump sum if you have the money? Or just do what most of us are doing which is DCA (Dollar Cost Averaging). And if the latter then that's where the mental toughness will comes in. Because you will have to grind, weekly or every month and then hold for as long as you can.

I tell you sir, its usually not as simple as it sounds, the mental stress that comes with the temptation to sell off amid fluctuations especially can be crazy atimes, that's where sometimes informations and analysis play vital roles