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Topic: Are you tempted to sell? (Read 2537 times)

hero member
Activity: 1498
Merit: 711
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November 19, 2024, 04:31:45 PM
To be honest, the market is very confusing to me right now. It's as if I made the wrong choice a few days ago for buying and adding more to my bag with the expectation of seeing a turn around in the market, when I could have just waited a little longer and bought now that the market is even going a bit deeper, which we can't even predict how dip the market will go this month. Not in a hurry to sell, but it's profiting to know when some will take advantage of a situation.
my colleague I want to tell you that there is no mistake for someone to accumulate a Bitcoin the only thing is that if you accumulate a Bitcoin hold it for a long time you will definitely make a huge profit in future but the thing is that people does not exercise patient to hold their bitcoin for long time and that is why they do experience locks on the process of purchasing bitcoin during the time the price is high, I believe that for we to invest in Bitcoin is for the betterment of Us and also for we to purchase Bitcoin expecting that the price will increase and the price later decreases during the period the price decrease in value you should do not panic continue to hold your Bitcoin until when the price will increase in the market or eventually we experience a bull market
hero member
Activity: 2968
Merit: 687
November 19, 2024, 04:22:16 PM
I think if the big whales can catch on then the medium and small whales can also master the catch so they should apply the DCA approach to making long term investments and building their portfolios. If this intelligence can be demonstrated, there will be less fear about Bitcoin.

Without going too far, can things be dealt with in the best way so that they can go on a better path, with the DCA method? Yes , it is infallible,  there is no doubt that it is the best that can be done, now look at the results , a great price is brewing , I have faith that this year 2024 the price can reach $ 100k and that is something fabulous, of course things can become clearer when you have the money to always be buying, I am sure that now many people will come in to buy bitcoin because it is a fact that people when they see that it goes up there if they come, but when the btc has a Lower price then they do not , that is how the majority of people Work who only let themselves be carried away by Emotions.


If the said sentiments above you will be executed then the impact will be better for the market let those whales from small to big do the DCA and keep their holdings stored from their safe wallets, form that view will see more good things that might happen as small players will have the chance to keep their journey with a lesser fear inside, with whales taking care of their assets, the value will not dump down unless they play on it or they decided to release the hold and re-try another entry point.


We dont actually know on what would be the future plans of these whales whether big or small but as considered as whale then those a big investors who do have that big stashes.
We know that there would really be those moments or times that they will really be that off loading their bags on which this will really be that resulting into that market crash
and this is something that we do really tend to avoid as much as we can for us small fries who are really just that going along with the market movements. We do really need to go with the flow but due to
that unexpected circumstances on which this could really be that resulting into that getting having those negative pending loses or similar conditions.

Selling due to panic sell is really that common because we are just humans on which there would really be those times or moments that we will really be having those kind of doubts and hindrances
on which it will really be that resulting into that selling in no time on which it will really be that giving that kind of regret on the time or moment that the market recover.
It will really be just that depending on how well you do make up decisions depending on market situations.
legendary
Activity: 1288
Merit: 1081
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November 19, 2024, 04:17:15 PM
I made this post when Bitcoin was trading around $52k and many people were panicking and thinking that Bitcoin would never rise again. As a matter of fact, many people were offloading their Bitcoin because it looked so uncertain about the future of Bitcoin. However, there were still people who were employing the DCA method and buying even as the price was dropping. Today Bitcoin is heading to $100k, a significant rise in price that have proven that those who believed and held are indeed right whereas those who chickened out are left to rue their actions. Bitcoin have a history of making believers happy and that will not change anytime soon.
Op, considering when you made the post, you said you were still buying with DCA, which is a good thing. So, are you still buying now or you have stopped buying and waiting the right time to sell?
sr. member
Activity: 434
Merit: 253
November 19, 2024, 02:11:15 PM
I made this post when Bitcoin was trading around $52k and many people were panicking and thinking that Bitcoin would never rise again. As a matter of fact, many people were offloading their Bitcoin because it looked so uncertain about the future of Bitcoin. However, there were still people who were employing the DCA method and buying even as the price was dropping. Today Bitcoin is heading to $100k, a significant rise in price that have proven that those who believed and held are indeed right whereas those who chickened out are left to rue their actions. Bitcoin have a history of making believers happy and that will not change anytime soon.
legendary
Activity: 2996
Merit: 1054
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November 19, 2024, 05:27:50 AM
I think if the big whales can catch on then the medium and small whales can also master the catch so they should apply the DCA approach to making long term investments and building their portfolios. If this intelligence can be demonstrated, there will be less fear about Bitcoin.

Without going too far, can things be dealt with in the best way so that they can go on a better path, with the DCA method? Yes , it is infallible,  there is no doubt that it is the best that can be done, now look at the results , a great price is brewing , I have faith that this year 2024 the price can reach $ 100k and that is something fabulous, of course things can become clearer when you have the money to always be buying, I am sure that now many people will come in to buy bitcoin because it is a fact that people when they see that it goes up there if they come, but when the btc has a Lower price then they do not , that is how the majority of people Work who only let themselves be carried away by Emotions.


If the said sentiments above you will be executed then the impact will be better for the market let those whales from small to big do the DCA and keep their holdings stored from their safe wallets, form that view will see more good things that might happen as small players will have the chance to keep their journey with a lesser fear inside, with whales taking care of their assets, the value will not dump down unless they play on it or they decided to release the hold and re-try another entry point.

legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
November 16, 2024, 09:08:33 PM
I think if the big whales can catch on then the medium and small whales can also master the catch so they should apply the DCA approach to making long term investments and building their portfolios. If this intelligence can be demonstrated, there will be less fear about Bitcoin.

Without going too far, can things be dealt with in the best way so that they can go on a better path, with the DCA method? Yes , it is infallible,  there is no doubt that it is the best that can be done, now look at the results , a great price is brewing , I have faith that this year 2024 the price can reach $ 100k and that is something fabulous, of course things can become clearer when you have the money to always be buying, I am sure that now many people will come in to buy bitcoin because it is a fact that people when they see that it goes up there if they come, but when the btc has a Lower price then they do not , that is how the majority of people Work who only let themselves be carried away by Emotions.
full member
Activity: 154
Merit: 115
November 15, 2024, 02:00:14 PM
Now it is tempting for me to sell it, I was even selling it for 70 thousand dollars, little by little. Even now I am starting to regret it, but I am happy with the profit I made.
I am aware of the potential of Bitcoin and that it is always growing exponentially.
I wish I had the comfort to keep it, then I would keep it, it is impossible to keep it at the most inconvenient times, so for me.
hero member
Activity: 2184
Merit: 599
November 15, 2024, 01:22:51 PM
The temptation to sell yes, I think many people are lucky here for not selling during the panic in Q3 yesterday, especially in August which really shook the market and bitcoin during the Q3 period made some people give up with the uncertain market conditions.

I would like to congratulate the people who have not sold, and instead add loads continuously during the decline, from the start of the bearish phase and sideways phase after Halving, of course it is not an easy journey to go through, especially new bitcoin investors, but as we know that victory will be created if you hold bitcoin tightly, even people who bought at the top of the price in the 2021 cycle can already feel the benefits if they still hold their bitcoin.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
November 15, 2024, 12:27:04 PM

Tempted to sell? These things do happen when extreme bear market do happens or when there's crash or deep correction. There would really be those times or moments
that you do able to make yourself having those thoughts that you should be selling out to avoid more loses. If you dont able to control your emotions
then you are currently having some regrets now.

It is very true what you say, however things can be very different from what many expected, some did not have the faith that Trump was going to win and that the price was going to skyrocket, I knew since last year that he was going to win and that this was going to happen, in fact I hope and am waiting for the price to be at $100k this year, I think it is possible, but how do you do it so that other people do not sell? it is difficult, of course I understand those who sell because of an emergency, but it still hurts a lot to do so, I am one of those who think that now things can be very different, now many must be sorry if they sold.
hero member
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November 13, 2024, 04:38:39 PM
I am now tempted to sell.

Aiming for $100k but then we hit $81k which also means that we're close to that price range that everyone is talking about.

Maybe DCA in selling too, as long as there are no moments that are slipping, I think that's finer than having nothing during this bull run.
Lol...I urge you not to sell, not until next year or when Bitcoin hits the $100k milestone, which is a very good level to sell honourably at this bull run which looks like it will last longer. But nothing lasts forever, this is why we should take into account Bitcoin's cycle to play our cards smartly on how it behaves periodically. If at all you would divest, Q2 of next year should be a proper specific target.

I also understand the DCA in selling by periodically divesting in proportion, well, the choice is yours even as we are all tempted now but waiting some months more can be more heroic and rewarding.
Well, it was nice that I didn't sold. The temptation is for real there and now we're passed $90k and then got some pull back at $88k.

There will be a lot that will be surely taken back in the market if they have just entered and those that have been long probably got liquidated already.

I'd also open about the Q1 as well that some good time of selling and the same goes for the Q2.
hero member
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November 12, 2024, 05:55:48 AM
I am now tempted to sell.

Aiming for $100k but then we hit $81k which also means that we're close to that price range that everyone is talking about.

Maybe DCA in selling too, as long as there are no moments that are slipping, I think that's finer than having nothing during this bull run.
Lol...I urge you not to sell, not until next year or when Bitcoin hits the $100k milestone, which is a very good level to sell honourably at this bull run which looks like it will last longer. But nothing lasts forever, this is why we should take into account Bitcoin's cycle to play our cards smartly on how it behaves periodically. If at all you would divest, Q2 of next year should be a proper specific target.

I also understand the DCA in selling by periodically divesting in proportion, well, the choice is yours even as we are all tempted now but waiting some months more can be more heroic and rewarding.
legendary
Activity: 2996
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November 12, 2024, 05:49:49 AM
~Snip~
Yeah right, better than nothing as long as you manage to gain decently then selling is a good decision to make, though most of the time traders failed to take advantage as greed manipulate their decisions, instead of taking advanatge they choose to hold and wait, but in a situation where downfall start to show up they fear to lose a lot and sell out.

Weighting the situation and allow yourself to decide in the right timing and the right place where money is already increase.
Back to the initial goal, investment is only to gain profit, when investors feel that the profit obtained is in accordance with what is desired, selling is the best action to take to secure profits, then returning to the market when prices are low. The first thing to avoid in investing is greed, investors need to target the desired point and not be tempted by greater profits due to greed.

Crypto investors are very volatile, no one can predict market movements with perfect accuracy. Investors need to adjust to the situation that occurs in the market, if the price starts to decrease then increasing the amount of investment will be better to obtain greater profits because every decrease will always be accompanied by an increase.


You need to set your limits when taking your way into this type of investment, as volatility really affects your emotions if you are unprepared with how the market will bounce, either it can go to the direction we desire to sell out or it will went down and shake our trust though with set limitation and proper execution of your hold and release target those are the things that's needed to be established.

As we are seeing good market run for sure there are people who already sell their holdings and enjoying with their small win, while there are people who still holding as they are need done yet with their set target and still hoping that the big run will continue and eventually reached their position to sell out.
legendary
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November 12, 2024, 02:52:29 AM
Well I do think if you thinking of selling you coins you do not like to make alot of profit. It would not be a good thing for us to sell them.
We are in a 'bull market' and seeing new all time highs everyday. We should think to buy more coins now before we see price of Bitcoin at 100k not to think to sell them.
Big profits are certainly expected by everyone, and currently the market is in a positive trend that will bring us and most likely will reach a price of $ 100,000 in the near future or even more than that. So selling the assets you currently have is not the right choice and even though you already have a big profit there is nothing wrong if you wait to get a much better profit and also much more profitable for you, so you have to focus on your long-term goals and do not be easily tempted by others and also with profits that are not big. Because Bitcoin will give you a very big profit if you have patience and also strong confidence, and it would be better if you continue to buy Bitcoin periodically according to your ability until you are really satisfied with the profits from Bitcoin, because if you feel dissatisfied and when the price of Bitcoin continues to rise you will feel sorry.

I also favor those who intend to continue holding if it is in their investment plan as the growth potential is still ahead. But I wouldn't advise someone to continue holding if they intend to take profits at this point and that is their goal. Because taking profit is never wrong and we have absolutely no idea what the future holds. Therefore, each of us should have our own investment plan instead of listening to other people's advice or giving advice to others. No one is responsible for our losses and we cannot guarantee anyone so everyone must make their own decisions.

I agree with both of you, the bull season has just started and prices will go up a lot more but be prepared if the opposite scenario happens.
sr. member
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November 12, 2024, 02:38:10 AM
Well I do think if you thinking of selling you coins you do not like to make alot of profit. It would not be a good thing for us to sell them.
We are in a 'bull market' and seeing new all time highs everyday. We should think to buy more coins now before we see price of Bitcoin at 100k not to think to sell them.
Big profits are certainly expected by everyone, and currently the market is in a positive trend that will bring us and most likely will reach a price of $ 100,000 in the near future or even more than that. So selling the assets you currently have is not the right choice and even though you already have a big profit there is nothing wrong if you wait to get a much better profit and also much more profitable for you, so you have to focus on your long-term goals and do not be easily tempted by others and also with profits that are not big. Because Bitcoin will give you a very big profit if you have patience and also strong confidence, and it would be better if you continue to buy Bitcoin periodically according to your ability until you are really satisfied with the profits from Bitcoin, because if you feel dissatisfied and when the price of Bitcoin continues to rise you will feel sorry.
legendary
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November 12, 2024, 02:14:40 AM
Well I do think if you thinking of selling you coins you do not like to make alot of profit. It would not be a good thing for us to sell them.
We are in a 'bull market' and seeing new all time highs everyday. We should think to buy more coins now before we see price of Bitcoin at 100k not to think to sell them.
sr. member
Activity: 798
Merit: 364
November 12, 2024, 02:09:37 AM
I like to travel so every year I sell enough to pay for my trips for the next year. I did that 2 weeks ago. I might sell a tiny fraction more when we hit $100,000 but otherwise I'll be hodling. I am astounded what my original investment in 2014 would be worth today if I had held it all.

That's not temptation. You're selling to fulfill your traveling desire and not just sell simply because you're tempted to sell. Moreover, we can not hold till eternity. We have to sell at some point when we feel satisfied with the profit so you don't have to regret or thinking about the worth of your initial investment. You can only regret when you failed to have investment at all after selling everything you owned.

I don't think this is a question I can really answer with a straight face cause just last week I was very tempted to sell and this week I still want to hold. I'm still a little new to this so I get really emotional whenever I start looking at the chart cause whenever I see a dip my elder brothers words start echoing in my ears when he kept telling me how crypto and Bitcoin is a scam that will ruin me financially. Recently I have brushed off his words and I have also given up on holding other coins.i now hold only Bitcoin because I feel that it is the only one that has really stood the test of time.
Infact I actually want to buy more and look away and just hope for the best.i hope it's a strategy I won't get to regret though.

If you are still reflecting over your brother's words, it means you have done enough research on what you invested in and that's why you are skeptical about reliability. Fluctuation is a feature of cryptocurrency and Bitcoin in this regard but that doesn't mean it is a scam.

You need to have a clear and achievable goals towards your investment. Only traders take a hasty decision in a situation like this. Set goal for your investment and you won't be contemplating on whether to sell or hold on for a longer time. Your decision will strictly be guided by your set up plan and goals.
hero member
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November 11, 2024, 04:47:33 PM
I am now tempted to sell.

Aiming for $100k but then we hit $81k which also means that we're close to that price range that everyone is talking about.

Maybe DCA in selling too, as long as there are no moments that are slipping, I think that's finer than having nothing during this bull run.

Yeah right, better than nothing as long as you manage to gain decently then selling is a good decision to make, though most of the time traders failed to take advantage as greed manipulate their decisions, instead of taking advanatge they choose to hold and wait, but in a situation where downfall start to show up they fear to lose a lot and sell out.

Weighting the situation and allow yourself to decide in the right timing and the right place where money is already increase.
Alright, $86k, $87k and now $88k. We're getting close to $100k, did any of you sell at those prices? Looks we've got some nice holidays coming by next month.

I think that we're on the right timing but I haven't done any action yet. I am going to wait for some more on where this is going but in top of everything, I'm already happy and grateful.
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November 11, 2024, 02:21:05 PM
I don't think this is a question I can really answer with a straight face cause just last week I was very tempted to sell and this week I still want to hold. I'm still a little new to this so I get really emotional whenever I start looking at the chart cause whenever I see a dip my elder brothers words start echoing in my ears when he kept telling me how crypto and Bitcoin is a scam that will ruin me financially. Recently I have brushed off his words and I have also given up on holding other coins.i now hold only Bitcoin because I feel that it is the only one that has really stood the test of time.
Infact I actually want to buy more and look away and just hope for the best.i hope it's a strategy I won't get to regret though.
member
Activity: 139
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November 11, 2024, 12:41:28 PM
I like to travel so every year I sell enough to pay for my trips for the next year. I did that 2 weeks ago. I might sell a tiny fraction more when we hit $100,000 but otherwise I'll be hodling. I am astounded what my original investment in 2014 would be worth today if I had held it all.
sr. member
Activity: 616
Merit: 274
November 11, 2024, 12:03:58 PM
Selling is not something that should be a thing of temptation because at some point every satsohi will be sold so regardless of what the price may be at that time, it remains a thing of individual willingness to deal out the bitcoin at that time, so regardless it has to be the level at which such deal are acceptable to you as a Bitcoin investors.


So any short term price situation won't be controling feelings in such a way that you be attempting to sell when you are not ready and just because of fuds.
In my opinion, the temptation is definitely there for each individual if the market is as volatile as it is now, but this goes back to each individual's goals, whether they continue to survive for a much longer time to produce much bigger results in the future with focus perhaps every month set aside to invest. Investing in a short time will of course get less than optimal results, we have to have extra patience if we get something much bigger than before. It is not recommended to invest using a budget that is used for daily needs, in my opinion this will have an impact on your investment and your family's life
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