Oh, I'm sorry if that upsets you. Perhaps each person will have a different life strategy and we should respect each other's decisions, you are very right. For me, whether bitcoin or any asset, I only use it for one purpose: to make my life and my family's life better. There is nothing more important than my family and bitcoin is no exception. Once I reach my goal with bitcoin, I'm ready to sell it.

Of course I would still hold or repurchase bitcoin if I felt it was still beneficial to me but certainly, I would not hold on to it until I die without using it.

What people just said is just a suggestion and its up to you if you listen. What's more important there is your decision since you are the one who can determine if some scenario is enough for you and want to get out. But make sure that you already settle and no doubts nor regrets that why did you decide to sell.

Its important that you have timeline set on your holdings also strategies so that you will not get bothered on some peoples opinion and can able to continue what you want to happen on your investment. Just remember that you are the one who can create a good result on your investment so think more better and create good decisions. Don't base your thoughts depends on other people opinion since not all the time they are right.

Depending on you, as people do sell even when they aren't profitable for various reasons. Therefore, it all depends on the individual. At some point, the price will reach a place where you can sell, take your profit, and either wait for the next bad market or sell some of it and keep the remainder. Spot traders will also set a price restriction, and when an item reaches or even touches that price, it will be sold.



People will spend their money as they like, so the main thing to keep in mind when deciding whether or not to sell is if it is worth selling right now. With bitcoin, there are always surprises in store, and the price will increase at some time. And you have my wager. It's going to hurt you. Selling is the ultimate goal of investment, therefore even if you even generate a profit, you can sell. As I don't really think keeping for a long time makes sense, if you are receiving what you want, there's no harm in selling.

Holding also indicates that the price is low and will rise, which is why it is usually emphasized to people to hold. The best thing is, as you mentioned, to establish a target and, if the moment is right, to sell.

It's not bad to hold, but you should have a plan for your Bitcoin holding. It's hard because you buy Bitcoin and then you don't know when to sell it. as long as what you have in mind is what the people I read here in the forum are saying. Because if this is all you base it on, don't buy bitcoin.

If you're going to hold bitcoin, you should know when you're going to sell it, and you should also know what price you're going to sell it for. It's good that you know the reason why you are doing this type of holding in bitcoin. And you should also know the reason why you are doing this, besides the fact that you will make money from it in the future.

The essence of holding Bitcoin for long time is for you to make a profitable profit because when you hold a bitcoin for long time the particular amount you purchase the Bitcoin will not be as the same as the current price of Bitcoin that is why many people who hold Bitcoin they hold it Tight in order to make a profit knowing that they more they hold Bitcoin the more the value of bitcoin increases so no one today who is interested to hold bitcoin Until Death the essence of everyone investing in Bitcoin for long time is for the person to make a beneficiary profit.

I've seen many people who is not into a long-term holding of Bitcoin there are into a short-term holding or selling of Bitcoin because they needed the money or the capital to return back to the market why people who summon courage to invest in Bitcoin no very well the system of Bitcoin that it's neither depreciate or it increase in the market and the holding it for long time there is every tendency for you to make a triple of your capital when the market eventually enters a bullrun.


some people can do that for their children and they have a portfolio of Bitcoin to any of their children and store it for their wallet until they die before such portfolio can be given to their children in question, human being cannot do if we can will some of her property to our animals what is it that someone cannot to buy a bitcoin and hold and will it to all in children, there is a possibility for a such to happen so I believe whoever that is holding Bitcoin have it's own motive of holding Bitcoin.

one thing is that every person have it way of keeping Bitcoin or holding bitcoin for long time I believe that the major thing that makes people to keep their bitcoin for long time is because the actually needed the profit when your time or your target have no reached for you to sell your Bitcoin I don't think that you will sell your Bitcoin, many people sell their Bitcoin based on target why others sell. their own Bitcoin based on panic that is why you cannot compare whoever that I have target in Bitcoin and someone who does not have a target in Bitcoin.

Yes that's right. Actually, to win bitcoins in a certain time period or long term depends on our respective strategies and goals. There are investors who are so eager to hold onto bitcoin in the long term that even if bitcoin reaches a new ATH they will still hold on to it because they have enough money for their needs. However, there are also investors who only look for profits and in certain periods, if they feel they have made a profit, they sell some or even sell and buy again when prices fall.

I myself am one of those people who only look for profits at certain moments. Like yesterday the price of bitcoin reached $73k, I sold it because I had made 2x the profit and bought it back for $62k and now the price of bitcoin has reached $70k again. Actually holding bitcoin depends on our goals in investing, but it is still recommended for the long term, even if we sell it out of necessity, but when we have more money we still have to buy it using the DCA method again so that we always hold bitcoin.

Many of us invest in bitcoin in order to profit from it and to have it act as a store of value that we may even transfer to our families by giving them the seed phrase of our crypto assets before we pass away.

Nobody has, in my opinion, made the decision to keep bitcoin in their portfolio forever. There will certainly be when they intend to sell their Bitcoin holdings for enormous gains and that's no one business when anyone decides to sell their bitcoin. 

What matters is how much bitcoin have you accumulated so far and what price are you selling your bitcoin at. 

My goal is to keep taking some profit from the top during bull markets and stack bitcoin in bear markets.

I'll give you an example.
In every bull market when the price breaks the last ATH I start selling a bit and buying all the things that I had plans for in the previous years. For instance, in the 2021 bull market I bought myself a car and some electronics like a new computer. When I have all the things I need and the price is still going up I will get a bit of cash to have some money for potential investment in the bear market and that's what I did in 2021. All of that selling amounted to a small part of my holdings.
In a bull market I start buying bitcoin, first with the profit from my bull market sales and then from my monthly income and that's what I did in 2022 and 2023.

If the price goes to crazy numbers like a million dollars, I'll still do the same.

We have different goals. Some investors prefer to keep holding because of what they believe in. It's an advantage that they're still able to go on with their lives without the need to sell because they are not relying on their investment. The history that Bitcoin keep on increasing as time passes is a sufficient reason on why many of us chose to be a long term hodler.

It depends. No one is stopping you to sell if that's what you think is the right thing to do at this moment (as you've said, you're already in profit). Because you're the only one who can answer this question for your Bitcoin. Thus, much better to have your own analysis because if you're going to ask the investors, probably majority will encourage you to hold.

This is the reason why one needs to be knowledgeable on his investment at first before he will finally proceed on the investment process. So that in times confusion arise, he can weigh things right on what to do and what not to. Hodling bitcoin forever does not actually exist because in reality, people become more greedy to sell their coins once they have seen that there are already huge profits that they can get from selling their coins. So in the end, these people will eventually decide to sell, some become even more greedy to sell all their coins without leaving some coins for hodling so they can still look forward for future profits.