Topic: Are you tempted to sell? (Read 1878 times)

People should realize this but there are those people who do really focus up too much on short term approach on which on the moment that the price made out some correction or decline  then they would really be having those thoughts that this might be the end of the market which we know that it is really that absurd. Its normal to have those kind of emotions that you will really be that reactive specially if you do see your portfolio is going down, but if you are really that thinking up sensible or wary on how this market works then you wouldnt really be having this kind of action but instead you would really be that making yourself wise on taking up actions or steps on which you could really be able to utilize the current market movement and this is something that you should really be mindful about.

Selling out on peak or price pump? This is recommended specially if you arent that a long time trader or holder/investor. All of these  things will really be that not something necessary for you to do
if you are really that planning to have a long term holding. Actually every actions be made will really be that totally basing or depending on how knowledgeable you are about on how this market
works or behaves. If you do lack that experience and awareness then you are really that susceptible into tons of mistakes and errors.

That’s how Bitcoin always behaves—good luck comes to those who act wisely. The recent drop, whether we call it a decline or correction, is pretty normal after it gets overbought. We're still hopeful for a good market performance in Q4. For now, Bitcoin might keep fluctuating within the current range, but it will definitely rise further if it breaks through 70k.
It’s a good idea to buy before the market cap rebounds again. Bitcoin usually follows this up-and-down cycle, and then it rises.

The more bitcoins an investor can hold, the more profitable they will be at the expected moment. Since Bitcoin is volatile, it can never be fixed. Because of this, if an investor wants to grow his portfolio on a regular basis, it will be very easy to do that. However, as an investment strategy, I would support the long-term strategy. Because Bitcoin may not meet expectations in the short term. But long-term holders of Bitcoins surely reach their goals.

There are some investors who fail to control themselves and sell on small declines like panic. Those investors must do good analysis about the market. It is possible to avoid losses if you invest by good research or analysis rather than getting excited by rumor.

Today the price correction in Bitcoin has also been seen again in the market causing Bitcoin to be at $63K again from over $66K. And this is literally a good opportunity for those who did not have time to buy Bitcoin at $63K before Bitcoin increased to $66K this month. Tomorrow we all will enter a new month and the current price correction can be a good start for the next month because I think this price correction is only temporary. So buying again before seeing more price increases can certainly be a very reasonable option for everyone.

I agree with some parts, that is a fact that has been happening to traders all along. They force themselves to control a situation where they themselves cannot determine where the price will move, so often the decision ends badly and actually makes the situation worse. Overconfidence is never good, although it is sometimes beneficial, but rash decisions often end up not meeting expectations.

Yeah, if you can leave the venue while the market is struggling that's much better for sure, as you won't be affected instead of trying to overrun the situation which most of the time the decision you'll make worsen the situation and you ended up being fomo, losing in a trade is always possible the reason why you need to make sure that you can handle your emotions, that's help in terms of not being quickly to decide but you will manage to analyze nand patiently plans your next step if needed.

Selling bitcoin without strong analysis can be a fatal mistake for beginners who are new to crypto trading. Apart from that, many are trapped by falling prices so they sell bitcoin when the price crashes because in this buying and selling we want to make a profit, not just by selling without more. first study the risks that will occur afterwards.

Everyone can hold their assets without being interested in what other people say, my advice is to focus on your goals by investing wisely in Bitcoin, don't just look at the success of those who have experience making profits, but they have also gone through many trials with very significant declines. bad we can also admit that bitcoin is a place of investment in the future and can give us real profits.

That is why it is not advisable for you to depend on your bitcoin investments as your main source of income, but you also have the job or business that will be able to provide you with your daily necessities. So that your eyes will not be on the bitcoin that you have purchased to hold for a long period of time in order to get a good profit; in other words, you are always encouraged to lose what you can afford to lose; that doesn't mean you will lose what you invested, but you will depend on it, and even if you lose it, it will not be a cause of depression for you. That is why before you even start to invest in bitcoin, you have to learn more about risk management. So that you will never make a wrong choice.

Everyone must have their own way to benefit from Bitcoin, as you do, but if it is related to the needs in my opinion it is relative and does not always have to be related to it, it might be because they prefer to trade, but if reasonable because I think I think This person is in an extraordinary difficulty, because if seen from the principle of investing in a good bitcoin that someone should have money management that has an emergency fund for the needs of an unexpected urgent need.

For me personally this is not the time to sell, Q3 just wants to start and the strength of the bullish is quite strong especially after the CZ was released yesterday, which gave the encouragement of people to buy back Bitcoin even though he was forbidden to manage binance, but it seemed to provide a positive sentiment, the area The price of bitcoin still fluctuates at a distance of $ 60k- $ 66k, and it's natural because we are still early to bullish even higher,  I have not been tempted at all to sell.

Undoubtedly there is that feeling of uncertainty and that is what gives many people anxiety, because they do not know what to do, that is where you have to be patient, sometimes you can entertain yourself with something else, not put too much effort into what you see on the news, sometimes the news makes us do crazy things, I learned not to listen to much news because the news is produced after the moment, never before, so for me the news is simply justifying the events of the market in light of what seems to be the first option that happens in daily life , it is always like that.

Selling your Bitcoin is not a thing of temptation and one should not allow their greed to have the better part of them at any point in time because regardless of what the amount you sold your Bitcoin, Bitcoin will not remain at that spot it either goes up or comes down from the price you sold your Bitcoin, so what is important is that you have to have a need for selling your Bitcoin a d once that need is genuine, you don't have any reason to think twice before you sell your Bitcoin.

I sold some of Bitcoin today when the price of Bitcoin was around $65'000 BTC and a few minutes later I saw Bitcoin making a new price achievements of around 66,500, but I never regret because I sold the Bitcoin because I have need for that and not because I saw the price of Bitcoin going up because that is a usual thing and I am used to the ups and downs of Bitcoin Price each time.

For those who believes that there are more to offer they'll surely hold on with their assets,  and If possible they will continue to buy whenever they'll got the chance to see decline in price,  those traders understand that long term wise the value will continue to rise and with holding they will earn more, some treat it as retirement investment and will only disposed when they already achieved their target value.

When you choose to focus on buying Bitcoin on every decline then you also need to pay attention to the funds that you will use before deciding to buy it and also determine to survive in the short and long term, for now I think most people will prefer to maintain in the long term even after they buy the asset the price has risen again because they will be very sure that the asset will continue to increase and if they hold the asset in the long term of course this will be very profitable in the future, it is important when someone wants to buy Bitcoin assets to be able to use the funds that they can maintain in the long term and also not easily tempted to sell their current asset but must be more focused on buying it.

Bounce backs are may to happen in Bitcoin so you should wait and immerse yourself in more purchases. Investment method short term or long term however you need to take buying opportunity at every dip so that it is easier to prepare yourself more for bull run.
Your investment composure depends on how much holding you are able to hold and bounce back happens every now and then and is an ongoing process.

Now is really not the time to sell as we could definitely break up from here however its not certain or sealed and some might sell over the next period of uncertainty.



The top level or line of resistance I drew here is simply the peak prices in August.  Why that matters now is part of a sequence of lower highs each month going back to March.  [lower high = decline]

If we break past 65k area it will lead to a new pattern in the BTC price action I hope.   Of course these are hopes and dreams, I could be speculating wrongly or seeing things which are not there.   Consensus is important to movement and magnitude of a build upwards.

Myself personally if we break this level I will start to be alot more positive about future development in the pricing.  In any case now is not the time to sell, blue line is a weekly average you can see the trend is upwards.

   In the last 24hrs we failed in a break of that line downwards, a failed negative inversely is positive; be positive

It's because they analyze the market very well and they are not affected whatever the situation as they trust their knowledge after they place thier positions, from that point of view they won't feel the pressure of selling, like what you mentioned newcomers are affected as they are not familiar with how the market works, but by experienced and some failures they'll be able to grasp the situation and eventually they'll be able to adjust.

They need to work well with studying and carefully adopt how the market works and how they can lessen their emotions to dominates, creating good patterns and work with your strategy will surely helps to avoid panicking when the market turns against you.

Selling our Bitcoin when prices drop is a big mistake. It’s understandable for beginners, but if we’re really focused on making money, we’ll see where we’re going wrong. I hope newcomers grasp the true state of the market and the risks of poor decisions and are able to see that holding is an important matter.

We can resist temptation if we keep our eyes on how to grow our investments. We just look at those who’ve succeeded in this space—they ignored the sudden price drops and stayed on their goal because they knew it would bounce back. Most importantly, they believed in Bitcoin’s potential to generate returns down the line.

If you are someone whose really that lacking that knowledge and experience then you would really be definitely be having this kind of condition on where oyu would really be that planning or  tending to sell your coins
just because you've seen its price is really that going down. On the moment that you arent that prepared on how this market works then you will really be having this kind of emotions that you would be able to feel out.
Tempting out to sell is something which is really that very common for those people who do deal up with this volatile market on which you would really be that assuming that you could be able to make yourself
that handle it out on whatever the conditions that you will be able to experience along the way. Just like been said by others that on the time or moment that you do find yourself that being investor of this market.
Profitability will really be that basing up on someones decisions on how you would really be that making decisions whether you do buy or sell on a certain market trend or condition. Its hard but its not impossible
because on the time or moment that you are on such moment then making up wise decisions will really be something that needing up to consider.

Most of the time, you'll be force to sell as you don't know what's going on with high volatility type of a market you are into, chances that quick spikes will create panic inside you, though like what I mentioned, if you plan ahead of time and you are confident with how you deal with your research and study it will limit you to react whatever the condition inside the market.

It gives you that calmness to wait for the bounce or if the market it favoring you, it will gives you the chance to cashout and withdraw some profits.

Of course if we did see the price hitting $45k, there will be a lot of panic in the market, and not just newbies, there could be some investors that might sell around that price as they too, doesn't want they are seeing in the market. However, we have seen some reversals in the last 24 hours, Bitcoin goes to $57k for whatever reasons. It could be because of the incoming debate between Trump and Harris that really push the market to be bullish in short period of time, or investors are traders knows that something big is going to come and so they bought at the current price range to make profit in short time frame. But still though, if we have bought when the price is around $53k'ish, we should be in profit already. However, not the best time to buy, we should at least wait what the price will be at the end of this year.