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Topic: Don't sell in loss - page 2. (Read 511 times)

member
Activity: 154
Merit: 33
Eloncoin.org - Mars, here we come!
May 08, 2024, 02:50:03 AM
#30
Bull run does not occur immediately after the halving which should be put into consideration before taking any action of selling because of little dip. It is a norm that bitcoin price fluctuates due to its nature, and the little dip is part of it. The only people that can panic and sell due to small dip, are those who bought bitcoin early this year due to FOMO the bull run, or those who bought when bitcoin price was at 68k and above.

Investors who are long term hodlers willnot panic but wait patiently for the long awaiting bull run to come at the right time. Short term investors who are weak hands might fall for this trap, because some of them might is the money for their important needs to invest when the price increased to 70K, believing it will just keep pumping.

You're right and I agree with you. Certainly there has been Investors who doesn't make hay when there's a significant increase in the market, believably every investors are in to make profits in this quest but there are little dreamers and big dreamers which lies between the Investors goals.
Short term investors are too grief with the markets conditions and are usually around the corner hoping for little increment so that they could sell and have that insights to had made profits meanwhile that little rise was just a significant to shadow that the market condition could be approaching to a huge amount when the investors could actually feel that they've met with the investment ATH in a better State of time to sell but yet there could still be Investors hodling stably until the point of their goal is achieved.

It's important to always have an investment goal so that you can always stay unpanicking without craving to sell at the wrong time.
This is why long term Investors are more commended in being at the best state of Crypto investment with the markets volatility nature.
full member
Activity: 266
Merit: 119
Keep Promises !
May 08, 2024, 02:29:35 AM
#29
~
Although, I'm not sure about the strategy you're emphasising on but what I know is that an investor must chose a strategy  that will favour him on both sides either in the bull or bear
For example, interm of buying  bitcoin an investor  who  chooses  the DCA buying strategy  will have nothing to worry in bear and in bull  because  every bear will still give him the opportunity  to buying  the dips without  worries ..
full member
Activity: 196
Merit: 115
May 07, 2024, 08:56:10 PM
#28
All this opportunities nah watin person no suppose to miss at all because as e dip today we no dey sure say e go dip soon again. And if any body try gather the small one wey em go fit now and em still gatter tomorrow nah double opportunities. Some people dey fear say as Bitcoin drop during the dip, say e no go high again, but nah I only person wey no sabi the circles of Bitcoin nai dey sell with fear and lose. I agree say the main reason why we dey hold for long nah because say we win make big profits.
The bull and bear season, we selects our best choice and ensure we're eating in profits as usual. Bitcoin de dip, that one na normal thing and make we just continue to observed our strategies wether e de favour us or we go change am ASAP, because nobody wan de waste time again for projects wey no go give better money. Opportunities de come and e de go, make we just stay one lane and observed how our lives go change if we used our head wella for better thing.
Changing strategies when things start fallen out of place is a good idea but it is difficult to do that because an investor is now acquainted to the current strategy unless he is ready to as well change his goals or target. Because changing strategies would either speed up the accumulation process or reduce the pace at which the investor accumulate.

If the cause of changing a strategy is as a result of low finances which may happen if an investor is being demoted or sacked from work then it will surely hinders his investment. In such cases DCA cannot be practiced, the investor would only invest when he has disposable money which is not certain to come monthly until he gets a new job or called back to work. Many factors that cause change of strategies can be discussed but this is the most popular i have seen.
member
Activity: 406
Merit: 84
Eloncoin.org - Mars, here we come!
May 07, 2024, 07:25:54 PM
#27
All this opportunities nah watin person no suppose to miss at all because as e dip today we no dey sure say e go dip soon again. And if any body try gather the small one wey em go fit now and em still gatter tomorrow nah double opportunities. Some people dey fear say as Bitcoin drop during the dip, say e no go high again, but nah I only person wey no sabi the circles of Bitcoin nai dey sell with fear and lose. I agree say the main reason why we dey hold for long nah because say we win make big profits.
The bull and bear season, we selects our best choice and ensure we're eating in profits as usual. Bitcoin de dip, that one na normal thing and make we just continue to observed our strategies wether e de favour us or we go change am ASAP, because nobody wan de waste time again for projects wey no go give better money. Opportunities de come and e de go, make we just stay one lane and observed how our lives go change if we used our head wella for better thing.
hero member
Activity: 700
Merit: 577
Eloncoin.org - Mars, here we come!
May 04, 2024, 04:12:26 PM
#26
From my observation many newbies de expect bull run to start immediately after halving, but as e no come happen like that, many of dem come de panic, unto say price fit continue to de dip and dem go wan sale di Bitcoin wey dem de hodl. Dis na my first halving experience and I don carry out research to understand say bull run no de happen immediately after halving, e go take some months before e go start. So infact na opportunity to de accumulate if person get di money, as di price still de dip, because for di peak of bull run na correct ROI de await di patient investors.

Not only newbies but also senior members and some people think say di price of bitcoin go come down in the halving but things turn around that bitcoin price was on the high and e come add the transaction fee wey been de y lime rocket Star. But many people were still hoping that the price will go up and this recent downturn of the price comes they spoiled their mind the more. And as the price comes dey come up again nai their mind come dey sweet them.

And di wey I see things like this, the price go stay like this for sometimes before it will go up.
sr. member
Activity: 266
Merit: 217
May 04, 2024, 03:14:14 PM
#25
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.
All this opportunities nah watin person no suppose to miss at all because as e dip today we no dey sure say e go dip soon again. And if any body try gather the small one wey em go fit now and em still gatter tomorrow nah double opportunities. Some people dey fear say as Bitcoin drop during the dip, say e no go high again, but nah I only person wey no sabi the circles of Bitcoin nai dey sell with fear and lose. I agree say the main reason why we dey hold for long nah because say we win make big profits.
jr. member
Activity: 56
Merit: 32
May 04, 2024, 01:51:19 PM
#24
Any how Sha make every body dey on guard because anything fit happen but no go rush sell your Coin especially if you been buy when the price been dey up because the price go still go up again so na to just dey patient small no go sell now wey price don come down and you go loose money.

Na true na this time no be the time to sell at all because the price still they very down and selling now go results to lost of money especially for people way buy when the price they very high, the thing be say patience na him be the determining factor when it comes to investment because e they obvious say the market no go always move the way we expect am, at times e go come down and sometimes e go move up but one thing way they important is patient, however one of the things way I like about Bitcoin be say no matter how the price go drop reach with time e go surely come back to the normal price and even break am go more further, so I don't think their is need to panic.
sr. member
Activity: 1176
Merit: 279
May 04, 2024, 10:47:18 AM
#23
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.
We shouldn't afford to missed out on golden opportunities, because they're one of the good steps to make and withdrawing free table profits. Bitcoin have been the top project in cryptocurrency and we ought to understand the basic principles guarding the space and ensure we're always making available alternatives in places where our main target fails. Bitcoin have always been the top trends in the market and we should always trade with caution because any slight mistakes made, we are open to receive heavy losses which we basically will not entertain.
full member
Activity: 434
Merit: 152
May 04, 2024, 09:37:12 AM
#22
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.

Anyone who sells bitcoin at a loss does so for one of two reasons, first, he is afraid of losing his fund and anyone who is afraid of losing hasn't gained enough knowledge about bitcoin yet, he just try to buy since is hearing that if you invest you will profitable, so he decided to sell it at a loss so that he won't lose everything. Second, he may be an emergency, and he doesn't have another way to solve the problem, so he will try to sell bitcoin at a loss or profit to solve the problem. Bitcoin is an excellent investment and if you know much about it, you will never want to leave your wallet empty without investing in bitcoin. If you read about bitcoin carefully, you will notice that if you want to be profitable on it you should just make a long-term investment and you will never regret it because if you invest in it and leave it for two to three years without touching it, you will definitely see a difference. even if it is not a large profit, you will be profitable, which is why bitcoin will continue to be the leader among all coins.
newbie
Activity: 0
Merit: 0
May 04, 2024, 07:15:09 AM
#21
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.
Investors who sold in DIPs surrendered their investment strategy due to panic. They failed to execute their strategy perfectly even though they needed to sell at a higher price. They should be needed to continue longer to get the desired exposures. Holding continuously during bear markets guarantees your profit for the future BTC is only a long term investment.
newbie
Activity: 28
Merit: 1
May 04, 2024, 05:30:31 AM
#20
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.
newbie
Activity: 0
Merit: 0
May 04, 2024, 04:55:05 AM
#19
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.
full member
Activity: 294
Merit: 232
Let love lead
May 04, 2024, 02:08:35 AM
#18
First of all people need to understand that's there is no guarantee of bullrun immediately post halving as some are in this illusion and they need to set their expectations right that there may be even further fluctuations and Bitcoin may dip even further it's the testing phase so we need to hold on your our assets else we will end up as a loser if we sell at low. People just need to avoid the funds and stop checking price every minutes atleast till bull run.

This is the reason while I always say  this space is only for the patient ones. Cypto can remain unpredicted after using all fundamental analysis. This is while traders still lose some trades even after enough study of the market movement. Bullrun can come anytime soon, so it is advisable for one to just hold on to his bags.
Definitely, its never for the impatient ones because the price of BTC is really so unpredictable, all you can do is just wait for the bull run to commence, no matter how long it chooses to take, all we must do is wait and continue waiting until its with us. I noticed some upward trend in the price of btc after the recent dip, its increased by almost 6% in the last 24 hours. Personally I don't feel too happy if the bull run has started already, I was thinking its going it takes some more time cos I'm not done with my accumulation target before the bull run Cool.
I want more gains, but it seems the bull run is  robbing me gently, but what can we do than embrace it fully if its finally here.
full member
Activity: 588
Merit: 119
Epsiloan Protocol
May 03, 2024, 07:46:09 PM
#17
First of all people need to understand that's there is no guarantee of bullrun immediately post halving as some are in this illusion and they need to set their expectations right that there may be even further fluctuations and Bitcoin may dip even further it's the testing phase so we need to hold on your our assets else we will end up as a loser if we sell at low. People just need to avoid the funds and stop checking price every minutes atleast till bull run.

This is the reason while I always say  this space is only for the patient ones. Cypto can remain unpredicted after using all fundamental analysis. This is while traders still lose some trades even after enough study of the market movement. Bullrun can come anytime soon, so it is advisable for one to just hold on to his bags.
full member
Activity: 266
Merit: 119
Keep Promises !
April 28, 2024, 03:13:58 PM
#16
From my observation many newbies de expect bull run to start immediately after halving, but as e no come happen like that, many of dem come de panic, unto say price fit continue to de dip and dem go wan sale di Bitcoin wey dem de hodl. Dis na my first halving experience and I don carry out research to understand say bull run no de happen immediately after halving, e go take some months before e go start. So infact na opportunity to de accumulate if person get di money, as di price still de dip, because for di peak of bull run na correct ROI de await di patient investors.
Buying the dip has always beena opportunity  to accumulate  more at lesser price for Investors and I will consider it a double opportunity  for Accumulators who uses the DCA strategy for buying bitcoin.
I guess many alot of individuals  who are still new  are now panicking  because  they were expecting  and immediate pump just as they've  heard from medias and analyst  they might definitely  end selling Kinloss and when the time profit comes entry might be too late then ...
Note that does not mean an investment  shouldn't have an exit limit but that would be another day for Bitcoin  as its  not just an ordinary  coin which can just crash , dump just like other altcoins, there will surely  be a ROI just have faith
Keep holding mates
member
Activity: 406
Merit: 84
Eloncoin.org - Mars, here we come!
April 27, 2024, 06:12:13 PM
#15
First of all people need to understand that's there is no guarantee of bullrun immediately post halving as some are in this illusion and they need to set their expectations right that there may be even further fluctuations and Bitcoin may dip even further it's the testing phase so we need to hold on your our assets else we will end up as a loser if we sell at low. People just need to avoid the funds and stop checking price every minutes atleast till bull run.
I've finalized my decision, Crypto is not for the weak and it takes only the strong to survived this space. Always pushing forward for strong connection and hoping for progressive measures. I know it's not easy but some decisions are worth our energy. The halving was overhyped as it'd been expected to be. I'm learning every single incident that happen in the market and we should acknowledge the fact that Cryptocurrency is risky and having the best results this season.
hero member
Activity: 1540
Merit: 564
Eloncoin.org - Mars, here we come!
April 27, 2024, 04:22:13 PM
#14
First of all people need to understand that's there is no guarantee of bullrun immediately post halving as some are in this illusion and they need to set their expectations right that there may be even further fluctuations and Bitcoin may dip even further it's the testing phase so we need to hold on your our assets else we will end up as a loser if we sell at low. People just need to avoid the funds and stop checking price every minutes atleast till bull run.
sr. member
Activity: 364
Merit: 220
April 27, 2024, 03:51:55 PM
#13
From my observation many newbies de expect bull run to start immediately after halving, but as e no come happen like that, many of dem come de panic, unto say price fit continue to de dip and dem go wan sale di Bitcoin wey dem de hodl. Dis na my first halving experience and I don carry out research to understand say bull run no de happen immediately after halving, e go take some months before e go start. So infact na opportunity to de accumulate if person get di money, as di price still de dip, because for di peak of bull run na correct ROI de await di patient investors.
full member
Activity: 266
Merit: 119
Keep Promises !
April 27, 2024, 02:32:40 PM
#12
Almost forgot to add LFC_Bitcoin  speculation ....
I bolded the main point in his post

Bitcoin has so far shown close symmetry through its four year halving cycles. That may not continue forever but whilst the miners block reward is still quite significant, I think that halving it will continue to cause supply shock which will reflect in the price.



I mean for example, as we head to 2040, that type of supply halving may not cause as much of a price rise as the 2024 halving will have.

I certainly believe that for at least another three cycles we will see history repeat and significant all time highs will happen 12-18 months after the halving.

Eventually the halving will have less of an effect on the price, Bitcoin will be a more mature asset and less volatile.
Embrace the volatility whilst it is here though, it is your friend, if you know what you’re doing.
full member
Activity: 364
Merit: 154
April 25, 2024, 05:54:32 PM
#11
This is 2024 It's  seem we had some early bull which was before the halving and even gave us new ATH  but we are yet to see our  bull run that was too early for a bull run maybe
If you check the past halvings and bullrun, you will notice that this time is still too early for bullrun to begin. Although, we can not say it is too early because the bull run can begin at anytime but with previous ones, it is still early. Bullrun can begin after many weeks or some months after halving but it is not even yet more than a week before the last halving which occured 5 days ago.

Exactly, is still too early for bull run to begin . Base on the previous halvings in normally takes months or weeks before the bull run go start . The now say bitcoin dey in a point of dip or increase in price, that's why it's moving to afro from the range of $60k. This year bullish trend dey one kind (like the bull trend really strong) because normally bitcoin for dun experience massive dip before the main bull run but instead it's moving from the range of $60k . But if bitcoin manage to pass $80k e dun finish be that it's let stop will be $100k

While if Bitcoin dip below $58k , just know say buying the dip dun initiate be that because e go further dip and many low coiners and those wey miss out due some certain reason go happy because they have been given another opportunity to tag in , in this gopden opportunity in investing in Bitcoin.

Keep holding in time and you will in time surely get to that point of your expectations be you short term Investors

That's the goal mate  ,to keep buying and holding . And just hope for the best   Grin I thought last year that calling this year and last the year of greens was over exaggerating . After seeing Bitcoin performance this year shows that this year and next year is truly the year of greens tho we can't tell but still There's no harm in hoping for the best  Cool
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