Topic: Don't sell in loss (Read 348 times)

From my observations, I done feel am say nah person wey no get mind for bitcoin nai dey sell em coins at lose, and many newbies to crypto space them feel am say Bitcoin nai be something wey dey give quick money, so when them no dey get money as them dey expect am them go just sell in loss. Yes no doubt, many get their own ideas and strategies wey them dey use get am clear for the crypto world and before you choose the kind of strategy you won use for the investment you go also need to get the knowledge so that you go fit make your own choice on the strategy wey you go use.

Selling is very bad at this dine minute and should be discouraged and avoided at all costs, this is the best advise on bitcoin investment as at now, but I'll love to look at this very topic from another perspective.

What if on the adventure of a life threatening issue arising and the reserved funds of the investor couldn't settle the issue, what does he do considering the intensity and delicacy of such issue?.
Should he sell his holdings, or should he go ahead and borrow money5 with interests while waiting for the bull run to arrive, so he pays off his debts with the possible gains he will get at the end of the bull run?.

I think I would advise him to sell off and attend to his emergency instead of borrowing funds and waiting to recover with  bull run. Truth is nobody knows when exactly the  bull run will come, we just await it than Borrowing money and keep accumulating interests, it might grow more than what the bull run would give you as profit and you desired   end up more frustrated

Before person go say him wan get to do anything wey concerned Bitcoin the person for don first know the full or small details of how things are done so if you make any mistake or sell your coins at a loss then dat one na you sabi. Many Bitcoin investors today all get different idea on their investment plans so for them to buy Bitcoin and save am na dem still know when dey okay for them to sell am.

Yes that is right, that is why any one investing in Bitcoin need to gather knowledge by studying the market and how the system work it's not all about investing but getting it right. One thing is to invest another is to make profit by allowing the market through observing the thing that makes investor make the real profit and this can't come without good knowledge. Every dip is opportunity to accumulate as much as one can why awaiting the bull, it's even more profitable to buy and hold for long if the investor is of good plan before investing by keeping some fund or emergency fund that can help not to rush into selling when the market is not favourable, these are achievable with good knowledge.

My brother, to tell you the truth, person wey sell at this point na him do him self oo, because just imagine say I been don dy hold since, na now wey be dieing minutes nai I go come go sell? No na, even my ancestors no go happy with me if I fuck up like that, unless na person wey just come into the crypto industry go sell now, particularly at a loss because of fear say e no go fit recover.

So just as the historical figures wey the op don list down already, it shows that comes rain sunshine Bitcoin will always rally back and reward his loyalist or it patient holders, so it's best that we hold firmly even wen we dy tempted to sell, abeg na dieing minutes we dy now, no be this time we surpose give up, think and act wisely abeg.

Of course we will get good returns from bitcoins only we have to hold. If we sell at a loss now, and if it increases tomorrow, then we will only regret it. So we need to take that final step now so that we don't regret tomorrow because no one knows when Bitcoin will rise, anytime it can cross 100K. So always be prepared and hold, don't worry about selling.

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.

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 ..

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 .
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.

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.

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

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.

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.

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.

Almost forgot to add LFC_Bitcoin  speculation ....
I bolded the main point in his post

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.


That's the goal mate  ,to keep buying and holding . And just hope for the best   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  

The Bitcoin halving is not projected to be the only time Investors can be proud of their holdings to say they have made profits.

Imagine Investors who bought around august 2023 during when Bitcoin price was within $25K-$26K and they hodled til we realized the last ATH $76K, I guess that is also a good count of profitablity which short terms investors can be good to sell their coins.

Indeed long term Investors would always be separated from the short term Investors by differential of panicking emotions to quick selling off their coins due to market sentiments.

If any who's in haste to selling off their Coins at this point of time should be blamed, then it should be those newly investors who bumped into the Bitcoin industry as at the halving with the analysis that the all expecting bull-run would come immediately after the halving probably they felt based on the speculations that the right time to o make it very big by the bull would be around the corner. So, it is as much advisable to say... Do not panic neither be sentimental or quick to the sell of your funds even if you have made profits or you are counting losses.
Keep holding in time and you will in time surely get to that point of your expectations be you short term Investors.

One thing am certain is that no matter what happens, Bitcoin nai be the coin wey me I sabi as I no dey for anything wey concise altcoins although me I support say the price of some altcoins go pump oo but I no know wether you don even see the way the market dey be with altcoins project, because na two two seconds the thing dey take pump and then drop and Incase you come go buy enter mumu coins na be say ma brother your own na otilo.

OP you have a good speculation as it regards the price of Bitcoin all through the period of various halving to this present o e we are experiencing and the breaking through of new ATH a d aswell the Bull run that follows and very importantly which you did mentioned is in the current aspect of Bitcoin seeming to introduce what looks like a different pattern from the regular because the early bull run actually caused a whole lot of panic in the market and some persons for some moments weren't decisive enough and the fact that Bitcoin is now maintain its price around the $60k resistance and not seeming to break far below may actually be that it may break a much bigger ATH by the next bull run.

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.

In my opinion, I don't think what he have tasted can regarded as bull run but I know for sure that we are not in bear market, this is just pre hype of the market. I checked the previous bull run and some of the coins that pick up up before the main Bitcoin halving, many coins like Theta did 20x and even Cardano had a lot of pump before the halving but I think the crash that happened last year isn't given some people the trust to come back again.

We may see a big boom in the altcoins market but I'm not sure much about Bitcoin, the price looking to expensive for the price to double and people are not looking to see much return on investment on Bitcoin like before. I think from this price, we should expect a max pump of 5x from this place before 2025.

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.

Past experience has kind of created a trend that can be easily learned from after an event like the halving happens, and an investor who is wise knows that there's the time when profit is made from investment, so the best advice is always to HODL and wait for the right moment.

It is frankly too early for the bull run to happen, but it is sure to happen within three to six months after this halving and because Bitcoin has performed well as a currency, more investors who trust the value it has by fulfilling its purpose of being a profitable return on investment opt for it, and that's why it remains number one.

Any investor who have waited until now after the halving and is planning to panic sell is just planning to leave the party when its just getting started. Checking from history, you'll understand that the pump in price doesn't start immediately after the halving, it takes a little while for the markets to feel the scarcity, and the law of demand and supply starts affecting bitcoin price positively.

Its important you hold at least for a year so that you'll get get good profits before selling, if at all you should sell. From researches and observing the bitcoin halving chart properly shows that the ATH is achieved after a year or more of bitcoin halving, so do not lose hope, keep holding and your reward would be massive.

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.

First of all the table it self needs updating, you can fill in that of year 2023 which had a closing price of $42,200 (you can do your research and confirm for an accurate price) and lowest price would be that $16,537.

Now to the main post I think the bull run as always been predicted to come months after the halving, base on past history many predicted the last quarter of the year to kick start it. The reason why they were different speculations later was because of the mini bull run we had that caused even a new all time high this according to many experts is based on the approval of ETF as the institutions went big on buying and it increased the demand that got the price increased.

What I will say do not follow predictions that bitcoin will raise in so so months just have a price target and if it reaches there then take your profits. This requires patience and that’s why from onset the idea was to invest what you can afford to win. Bitcoin might not even follow all the speculations on it but with patience it will definitely come to your profit level

Bitcoin has been  in Dip for some couple of weeks lately  before and even after the long awaited BTC halving, although there were some scenarios of btc losing values to other alts because of the congestion of its mempool leading to high transaction  fee after halving period which also contributed  to more Dip   .
However at this period ,don't be overclouded by your Emotions towards selling your BTC in loss  just because  you aren't  getting  the kind of result you thought you should  because  most people  thought the Bull run will begin immediately  after the halving, even some analyst might have claimed that  but remember  that those were all Speculations  of future event.

Thus, at this period  many alot of long term investors will be separated from short term investors,I hope you aren't  one of them...
Besides reviewing the previous halving there were dips compared to the volatility  of the bitcoin market then ,I made a thread about the review of the halving pattern Check Here

Let's  take a look again,just as I've  posted In the thread



Color code

|   Red:    Halving |

|   Blue:   ATH      |

Those are the keys above add I think the table is self explanatory.

Now lets start our review from 2016,
We started with $434   and we had a low of around $351, well not too  low comparing, now checking  the following  year, we had $966as start which means there had been a bullish market towards the ending of 2016 since its  high was around  $981.
Now when we take a look at the following  same scenario  repeat  itself in 2020 and 2021...

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... Not taking to hard, our bull run might not follow the previous  halving  pattern we might even have a early bull run, even  any moment from now  so my give out will be
Keep your holdings and Don't sell in loss