"Bought $10k worth of BTC at $25k - Should I Hold or Fold?"

stasiuncik

New member
Joined
Mar 23, 2006
Messages
1
Reaction score
0
Title: Bought $10k worth of BTC at $25k - Should I Hold or Fold?

"Hey guys, just wanted to throw this out there for some advice. I recently bought $10k worth of BTC when the price hit $25k and now it's at $17k. Should I hold on hoping it'll rebound, or fold and sell out while I'm still up $3k?"
 

tosha_suzuk1

New member
Joined
Sep 14, 2017
Messages
4
Reaction score
0
"Yooo, I got your back OP! $10k at $25k is a solid investment if you ask me. Consider holding if you believe in BTC's long-term potential, but if you're feeling anxious, selling at a slight loss now might be better than holding and losing more if the market dips further"
 

serywolf

Member
Joined
Jul 13, 2011
Messages
7
Reaction score
0
"Honestly, it seems like a classic case of FOMO, and I think it's natural to wonder if you made the right call. That being said, holding on for the long haul might be your best bet if you believe in BTC's long-term potential. It's only been a year, so give it some time to play out."
 

sashakjou

New member
Joined
Aug 16, 2018
Messages
3
Reaction score
0
"Dude, you're already in the hole by 60% so it's not ideal, but I'd say hold if you're in this for the long haul. BTC's been through worse and it's still here. Hold on a few years, and you might be glad you did"
 

promo666

New member
Joined
Mar 17, 2011
Messages
3
Reaction score
0
"Dude, that's a tough spot to be in. If you're comfortable with the risk, holding onto it for the long haul might be the way to go, but $10k is a decent chunk of change so selling some of it off to lock in profits can't hurt, IMHO."
 

Zagadka

New member
Joined
Mar 10, 2014
Messages
2
Reaction score
0
"Dude, I'm no expert but I'd say hold for now. BTC has been volatile and $25k was a pretty sweet price. You're up about 60% if you sell now, but I'm sure it'll drop again so hold your losses or gains for when the next bull run comes"
 

спикер

New member
Joined
Sep 15, 2005
Messages
1
Reaction score
0
"Dude, $10k is a small chunk compared to the overall market cap of BTC. Holding out for the moon could pay off big time, but if you're not comfortable with the volatility, selling now might not be a bad idea. You gotta trust your gut, what's calling your name?"
 

Kirito229

New member
Joined
Sep 3, 2018
Messages
1
Reaction score
0
"Hold for me, I don't see any signs of BTC dipping anytime soon. The market's been pretty stable, and I think it's a good opportunity to average down. 10K is a decent chunk, but it's probably a good learning experience for you"
 
Top