When do you sell your Bitcoin?

The price of Bitcoin is relentlessly growing and its not looking like it's halting anytime soon. However, Alts prices are not following suits, which might put you at the temptation to quickly short your BTC for the the fear of the price dropping so far as its rising. You might be wondering if you are making a huge mistake still holding on to your Stacks of Satoshis, but there's a much more bigger pain when you sell off too fast and watch the price continue rising.




So when do you sell your Bitcoin? Well, that's not for anyone to decide for you. If you bought your BTC at lower price and you have seen your profits grown in multiples, then you could sell and not have any regrets. If you got your stacks as gifts or tips, maybe stacking Sats from Faucets, its also a good time to sell if you have enough stacked. But take note of this, the price increase is isn't stopping now, maybe you could hodl on longer; but if you can't, $34k is not a bad time to take your profits!




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COMMENT

12

Adetola Muheez
03 Jan

It's actually a tough decision to make now,if you've made enough you can sell and if you still have the oliver twist feeling you can hold up..for me I'll still keep cos it'll keep rising I guess.

I wish I had just 1BTC😑😂 in my wallet

3

Eniola Kehinde Faruq
03 Jan

1 Bitcoin you say 😂

20

Captain Philips
03 Jan

Its a good wish, but you can hold BTC in bits/Satoshis too

12

Adetola Muheez
03 Jan

Yea...buh no fund to purchase for now

10

Badar Afnan Alam
03 Jan

I don't have BTC And don't trust such fluctuating currency haha! So I am staying a side!

20

Captain Philips
03 Jan

Hilarious, its your Portfolio, your Tokens. If BTC is too volatile for you, stack $1Ups lol

18

Sodiq AbdulRohim
03 Jan

You have given a resourceful financial advice, btc is  quite on the way to  reach the moon completely, it will be unwise to be a panic seller by now because only  it will reach $37 in the next three days if I'm not mistaking

20

Captain Philips
03 Jan

The benchmark is $50k, the beauty of it is that it will start pulling Alts prices along at some point.

14

Saviour Essien
03 Jan

I don’t even hold BTC at the moment & it’s a regret to me so currently I can’t tell when to release or hold up. 

20

Captain Philips
03 Jan

You must hold Alts if you don't have BTC, same principle apply.

14

Saviour Essien
03 Jan

Sure that’s exactly what am doing. 

18

Agaga Julius
03 Jan

The best is to still hold it because it is going to rise beyond exceptional. So, not need of harbouring fears.

20

Captain Philips
03 Jan

Depends on the person holding, someone holding for years won't call that fear but time to take profit

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