Are you tempted to sell? | Bitcointalksearch.org

khiholangkang

hero member

Activity: 2226

Merit: 610

Quote from: Ultegra134 on Today at 11:35:40 AM

Quote from: khiholangkang on Today at 11:23:18 AM

It comes back to you, I sell not to avoid losses, so experience regret if the price continues to rise like what you do, it has become a target and I have arranged it in my investment plan, because what is the key to an investment is to save to get more, and we must have enough in life so as not to be greedy.

The most important thing in investment is to stay on track with your own goals in the financial world, as I mentioned you can talk price or time to sell your holdings, and you must realize what you have to achieve.

Well, it's quite sensible to be tempted to sell no matter what kind of investment plan you have, seeing your money grow like that is one of a kind achievement that not many people experience. I personally wouldn't call it greediness if we're willing to wait more, but patience on a proven investment that will definitely pay off in the upcoming years. The temptation will always be there, but I highly doubt I'll give in anytime soon. The key in holding bitcoin is to not be in immediate need of money, so you're not "forced" into selling earlier than planned.

Basically, if you intend to invest, you must have a plan, if you are targeting a time such as for your retirement or to pass on to your children in the future, this is a target that you will certainly do, right? the thing that is actually very sad is that someone does not know when he stops, some people target $1 million, and yes it will certainly be in the same position, like what you will do in the future, this is not talking about being tempted or not, but your target or goal in navigating life with bitcoin.

Ultegra134

hero member

Activity: 1778

Merit: 907

Quote from: khiholangkang on Today at 11:23:18 AM

It comes back to you, I sell not to avoid losses, so experience regret if the price continues to rise like what you do, it has become a target and I have arranged it in my investment plan, because what is the key to an investment is to save to get more, and we must have enough in life so as not to be greedy.

The most important thing in investment is to stay on track with your own goals in the financial world, as I mentioned you can talk price or time to sell your holdings, and you must realize what you have to achieve.

Well, it's quite sensible to be tempted to sell no matter what kind of investment plan you have, seeing your money grow like that is one of a kind achievement that not many people experience. I personally wouldn't call it greediness if we're willing to wait more, but patience on a proven investment that will definitely pay off in the upcoming years. The temptation will always be there, but I highly doubt I'll give in anytime soon. The key in holding bitcoin is to not be in immediate need of money, so you're not "forced" into selling earlier than planned.

khiholangkang

hero member

Activity: 2226

Merit: 610

Quote from: Ultegra134 on December 20, 2024, 06:54:36 PM

Quote from: khiholangkang on December 12, 2024, 03:22:13 PM

Yep that's right, do you have a target price of selling Bitcoin you have? I think everyone has this kind of thing in his mind about Bitcoin, if not at the price, the target of selling time, such as in the next 4 years or 10 years.

Like what is in my mind in this cycle targets the price of Bitcoin at $ 150K for the sale of half of my Bitcoin ownership in this cycle to attract some benefits and realize it for the growth of my offline business or traveling with my family.

Oh well, I also had a price in mind, approximately $80,000, but guess what? This target was blown away before I could even realise what happened. To be honest, I wasn't expecting Bitcoin to surpass $100,000 so soon, so I was caught by surprise, thus, my initial plan was cancelled before it even started. Although I'm tempted to sell, I currently haven't thought of a way of withdrawing the money without paying up to 15% income tax on that amount, because as I said earlier, I wasn't anticipating such rapid growth.

Am I tempted? Definitely, am I going to sell? That's quite unlikely, as I'm not in immediate need of money, thus, I could even wait till the next bull cycle in a few years. Who knows?

It comes back to you, I sell not to avoid losses, so experience regret if the price continues to rise like what you do, it has become a target and I have arranged it in my investment plan, because what is the key to an investment is to save to get more, and we must have enough in life so as not to be greedy.

The most important thing in investment is to stay on track with your own goals in the financial world, as I mentioned you can talk price or time to sell your holdings, and you must realize what you have to achieve.

danadc

sr. member

Activity: 1092

Merit: 342

WOLFBET.COM - Exclusive VIP Rewards

Quote from: ? on December 20, 2024, 10:01:33 AM

Right now, the opportunity to buy is here, as we are going back almost to $90k for BTC.
Let's use this and other dips appropriately.
We don't need to mourn the PNL we've got after the dip because we are going long-term.

Lamentations will only delay us from the best processes, one of the things that have to be done in investment is to take advantage of the moment, because it is known that there are unique opportunities, I know that the BTC market is now very good to buy even though it is at $ 95k +, but it is fluctuating between that and $ 103k, it is an opportunity to buy no matter what happens, what is interesting is to know how to keep our investment safe, it is better to buy and wait a long time or what many call a long-term investment in bitcoin, because here it is sure that it will give profits no matter what, there is no need to regret if you buy s and then the price drops, it will go up later.

Ultegra134

hero member

Activity: 1778

Merit: 907

Quote from: khiholangkang on December 12, 2024, 03:22:13 PM

Yep that's right, do you have a target price of selling Bitcoin you have? I think everyone has this kind of thing in his mind about Bitcoin, if not at the price, the target of selling time, such as in the next 4 years or 10 years.

Like what is in my mind in this cycle targets the price of Bitcoin at $ 150K for the sale of half of my Bitcoin ownership in this cycle to attract some benefits and realize it for the growth of my offline business or traveling with my family.

Oh well, I also had a price in mind, approximately $80,000, but guess what? This target was blown away before I could even realise what happened. To be honest, I wasn't expecting Bitcoin to surpass $100,000 so soon, so I was caught by surprise, thus, my initial plan was cancelled before it even started. Although I'm tempted to sell, I currently haven't thought of a way of withdrawing the money without paying up to 15% income tax on that amount, because as I said earlier, I wasn't anticipating such rapid growth.

Am I tempted? Definitely, am I going to sell? That's quite unlikely, as I'm not in immediate need of money, thus, I could even wait till the next bull cycle in a few years. Who knows?

STT

legendary

Activity: 4102

Merit: 1454

Bullish pin today witih the 50 day average just below and support its not really the time to be selling, good overall positive trend still in place. Apart from over speculation and trading which people might do in this place or any other similar price along the way, its not especially negative outside of recent profit taking.

Good volume on the positive action today, the most relevant move was December 5th doji candle so I would work off that for a relative location and likely heading.

GeorgeJohn

hero member

Activity: 1666

Merit: 723

Enjoy 500% bonus + 70 FS

Quote from: $weetne$$ on December 20, 2024, 04:37:39 PM

Quote from: danadc on December 20, 2024, 09:59:19 AM

Don't expect BTC to stay at that price, or most likely as soon as Donald Trump takes power the market will react, and most likely the market will react upwards, I have no doubt about that, but each one of us thinks differently, because I know and I have that conviction, in case I am wrong and the result is the opposite, then you should take advantage of buying, opportunities should always be taken advantage of, whether for good or bad, and the worst thing that has to be transformed into the good is what I can say about this, but for me the price will exceed $ 120k.

Anything can happen when Donald Trump takes over power in January, we can see the market react in a positive way or in a negative way but no body knows. When Bitcoin price starts to correct just as what's happening now in the market, alot of investors begin to have double minds and the start doubting the beliefs that they had before investing in Bitcoin. I too at times, I get the feeling of selling because of what's happening to the market but I hold myself back as we shouldn't allow that spirit to win over our thinking or we'll be making a big mistake by selling. Instead of selling, I just continue to hodl and waiting for the right time to take profits before the market begin fall more after its highest price has been reached by then.

Donald trump has been lamenting positively of bitcoin, even during his campaign he campaigned with bitcoin, that he that is in support of bitcoin, so I believe that when he assumed office, the price of bitcoin will skyrocket, so I believe such, because Donald trump does relent in anything he wants to do, actually what is happening in bitcoin price now is a correction, after end of 2024, the price of bitcoin will increase, because they will be more investors that will come in, through the help of Donald trump.

$weetne$$

sr. member

Activity: 322

Merit: 227

Playbet.io - Crypto Casino and Sportsbook

Quote from: danadc on December 20, 2024, 09:59:19 AM

Don't expect BTC to stay at that price, or most likely as soon as Donald Trump takes power the market will react, and most likely the market will react upwards, I have no doubt about that, but each one of us thinks differently, because I know and I have that conviction, in case I am wrong and the result is the opposite, then you should take advantage of buying, opportunities should always be taken advantage of, whether for good or bad, and the worst thing that has to be transformed into the good is what I can say about this, but for me the price will exceed $ 120k.

Anything can happen when Donald Trump takes over power in January, we can see the market react in a positive way or in a negative way but no body knows. When Bitcoin price starts to correct just as what's happening now in the market, alot of investors begin to have double minds and the start doubting the beliefs that they had before investing in Bitcoin. I too at times, I get the feeling of selling because of what's happening to the market but I hold myself back as we shouldn't allow that spirit to win over our thinking or we'll be making a big mistake by selling. Instead of selling, I just continue to hodl and waiting for the right time to take profits before the market begin fall more after its highest price has been reached by then.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: mirakal on December 20, 2024, 03:40:00 AM

Quote from: LUCKMCFLY on December 19, 2024, 08:36:28 AM

Quote from: Fredomago on November 30, 2024, 11:35:47 AM

Yeah right, if you don't want to stress yourself just spare budgetted amount that you are willing to dispose, such investment where you can forget about it and not being bothered whatever the condition of the market, just set your target profits and let the whales and all the investors and traders do their job moving the market in whatever direction they decided to do.

It is very good advice, especially when you have little money for the investment, following the normal steps that must be taken for an investment is to withdraw the money only when there are benefits, it is not advisable to invest the rest, or investing a small part is good, it is equivalent to the DCA method, and so it accumulates little by little, the idea is that you can have some money so that you can reach the goal over time, and above all have patience, by having patience you get good results.

Investing can definitely feel a bit stressful and overwhelming, but if we keep in mind that we’re doing it for the future, I’m sure we can stay patient and manage our budget wisely. Of course, selling is always an option, so why not take it when we are in a good position and see an opportunity to make some profit?

After all, investing is not just about buying and holding but selling as well (even a portion). In fact, we have been doing this a long time before. So there is no need to overthink it, if there is an opportunity, grab it! We can always reinvest if we want, especially when the market turns bearish again.

A matter of timing and you'll be able to earn decent compensation if you make it the right way, there's always buy and sell in terms of investment and with the intention to earn you'll need to keep yourself updated and you need to make sure that you'll able to monitor how things moves and what are the factors that you need to observe to make sure that your position will materialize,

you need to plan your position as there are opportunities that you need not to missed out whenever market moves in your favor.

Republikcoin.com

legendary

Activity: 2716

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: ? on December 20, 2024, 10:01:33 AM

Right now, the opportunity to buy is here, as we are going back almost to $90k for BTC.
Let's use this and other dips appropriately.
We don't need to mourn the PNL we've got after the dip because we are going long-term.

Regretting the PNL that has decreased due to the correction will only waste our mind and time because for now everyone can go back to making more mature preparations for a new entry at a lower price because the price drop experienced by Bitcoin has indeed been quite a lot if we compare it to the highest price that Bitcoin has ever reached this month. So for now, it is a new opportunity to enter at a lower price level for people who want to buy more Bitcoin and hope that Bitcoin can go back past $100K in the near future.

?

Activity: -

Merit: -

Quote from: danadc on December 20, 2024, 09:59:19 AM

Quote from: Lanatsa on December 20, 2024, 07:50:24 AM

Now that the time that Bitcoins price is sitting out on @92k price then pretty sure that the support will be sitting on 90. Once it will be having its break out then it will be bringing out that new kind of fear that it might be getting even more lower on which this is really that always the case on this one on where people will be that having those kind of hesitance at the moment that you will be seeing these prices are dropping sharp. So it will really be that something situational on this aspect.

Don't expect BTC to stay at that price, or most likely as soon as Donald Trump takes power the market will react, and most likely the market will react upwards, I have no doubt about that, but each one of us thinks differently, because I know and I have that conviction, in case I am wrong and the result is the opposite, then you should take advantage of buying, opportunities should always be taken advantage of, whether for good or bad, and the worst thing that has to be transformed into the good is what I can say about this, but for me the price will exceed $ 120k.

Right now, the opportunity to buy is here, as we are going back almost to $90k for BTC.
Let's use this and other dips appropriately.
We don't need to mourn the PNL we've got after the dip because we are going long-term.

danadc

sr. member

Activity: 1092

Merit: 342

WOLFBET.COM - Exclusive VIP Rewards

Quote from: Lanatsa on December 20, 2024, 07:50:24 AM

Now that the time that Bitcoins price is sitting out on @92k price then pretty sure that the support will be sitting on 90. Once it will be having its break out then it will be bringing out that new kind of fear that it might be getting even more lower on which this is really that always the case on this one on where people will be that having those kind of hesitance at the moment that you will be seeing these prices are dropping sharp. So it will really be that something situational on this aspect.

Don't expect BTC to stay at that price, or most likely as soon as Donald Trump takes power the market will react, and most likely the market will react upwards, I have no doubt about that, but each one of us thinks differently, because I know and I have that conviction, in case I am wrong and the result is the opposite, then you should take advantage of buying, opportunities should always be taken advantage of, whether for good or bad, and the worst thing that has to be transformed into the good is what I can say about this, but for me the price will exceed $ 120k.

?

Activity: -

Merit: -

Quote from: EarnOnVictor on December 18, 2024, 01:13:39 AM

Quote from: philipma1957 on December 12, 2024, 01:35:50 PM

I have complex tax issues that demand I sell no more this year.

So it is hodl to at least Jan 1

Hahaha...bro, pay your taxes. Grin

Jokes apart, do you think of it as smart to avoid divesting simply because of taxes? What if you hold till the said time and Bitcoin did otherwise to the bullish impact seen now?

Besides, if you delay the tax payment till January 1 which is as close as the distance between your nose to your eyes, what difference does that make? Let me learn from you, as taxes from crypto are often undetected in my country. They only charge the normal bank VAT, that's all.

If it's urgent - surely, it will be done, unfortunately.
But if it's not - it's a great plan to wait till 2025 and a bit further.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: mirakal on December 20, 2024, 03:40:00 AM

Quote from: LUCKMCFLY on December 19, 2024, 08:36:28 AM

Quote from: Fredomago on November 30, 2024, 11:35:47 AM

Yeah right, if you don't want to stress yourself just spare budgetted amount that you are willing to dispose, such investment where you can forget about it and not being bothered whatever the condition of the market, just set your target profits and let the whales and all the investors and traders do their job moving the market in whatever direction they decided to do.

It is very good advice, especially when you have little money for the investment, following the normal steps that must be taken for an investment is to withdraw the money only when there are benefits, it is not advisable to invest the rest, or investing a small part is good, it is equivalent to the DCA method, and so it accumulates little by little, the idea is that you can have some money so that you can reach the goal over time, and above all have patience, by having patience you get good results.

Investing can definitely feel a bit stressful and overwhelming, but if we keep in mind that we’re doing it for the future, I’m sure we can stay patient and manage our budget wisely. Of course, selling is always an option, so why not take it when we are in a good position and see an opportunity to make some profit?

After all, investing is not just about buying and holding but selling as well (even a portion). In fact, we have been doing this a long time before. So there is no need to overthink it, if there is an opportunity, grab it! We can always reinvest if we want, especially when the market turns bearish again.

Stressful and overwhelming is something that you will really be able to experience at the time or moment that you are just starting up but on the moment that you are already having some experience towards the market then this is where you will really be able to make out some adjustments and will be lessening out that kind of stress on investing here on crypto space. Although it wont really be that totally removed because there's still doubt and hesitation on every actions that we are taking but basically we are really that trying out to adjust accordingly on which basing up into the past experiences that we have gone through in the past.

Now that the time that Bitcoins price is sitting out on @92k price then pretty sure that the support will be sitting on 90. Once it will be having its break out then it will be bringing out that new kind of fear that it might be getting even more lower on which this is really that always the case on this one on where people will be that having those kind of hesitance at the moment that you will be seeing these prices are dropping sharp. So it will really be that something situational on this aspect.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: LUCKMCFLY on December 19, 2024, 08:36:28 AM

Quote from: Fredomago on November 30, 2024, 11:35:47 AM

Yeah right, if you don't want to stress yourself just spare budgetted amount that you are willing to dispose, such investment where you can forget about it and not being bothered whatever the condition of the market, just set your target profits and let the whales and all the investors and traders do their job moving the market in whatever direction they decided to do.

It is very good advice, especially when you have little money for the investment, following the normal steps that must be taken for an investment is to withdraw the money only when there are benefits, it is not advisable to invest the rest, or investing a small part is good, it is equivalent to the DCA method, and so it accumulates little by little, the idea is that you can have some money so that you can reach the goal over time, and above all have patience, by having patience you get good results.

Investing can definitely feel a bit stressful and overwhelming, but if we keep in mind that we’re doing it for the future, I’m sure we can stay patient and manage our budget wisely. Of course, selling is always an option, so why not take it when we are in a good position and see an opportunity to make some profit?

After all, investing is not just about buying and holding but selling as well (even a portion). In fact, we have been doing this a long time before. So there is no need to overthink it, if there is an opportunity, grab it! We can always reinvest if we want, especially when the market turns bearish again.

LUCKMCFLY

legendary

Activity: 2632

Merit: 1883

Leading Crypto Sports Betting & Casino Platform

Quote from: Fredomago on November 30, 2024, 11:35:47 AM

Yeah right, if you don't want to stress yourself just spare budgetted amount that you are willing to dispose, such investment where you can forget about it and not being bothered whatever the condition of the market, just set your target profits and let the whales and all the investors and traders do their job moving the market in whatever direction they decided to do.

It is very good advice, especially when you have little money for the investment, following the normal steps that must be taken for an investment is to withdraw the money only when there are benefits, it is not advisable to invest the rest, or investing a small part is good, it is equivalent to the DCA method, and so it accumulates little by little, the idea is that you can have some money so that you can reach the goal over time, and above all have patience, by having patience you get good results.

EarnOnVictor

hero member

Activity: 896

Merit: 654

Leading Crypto Sports Betting & Casino Platform

Quote from: philipma1957 on December 12, 2024, 01:35:50 PM

I have complex tax issues that demand I sell no more this year.

So it is hodl to at least Jan 1

Hahaha...bro, pay your taxes. Grin

Jokes apart, do you think of it as smart to avoid divesting simply because of taxes? What if you hold till the said time and Bitcoin did otherwise to the bullish impact seen now?

Besides, if you delay the tax payment till January 1 which is as close as the distance between your nose to your eyes, what difference does that make? Let me learn from you, as taxes from crypto are often undetected in my country. They only charge the normal bank VAT, that's all.

LUCKMCFLY

legendary

Activity: 2632

Merit: 1883

Leading Crypto Sports Betting & Casino Platform

Quote from: GeorgeJohn on December 10, 2024, 06:02:31 PM

matters most investment is that you should have a prospect in any investment that you want to venture into and having a target should be your primary assignment in any investment it does not determine if the Investment is long-term investment or a short term investment but the make sure that you have a target or a limit when your limit is completed you don't need to waste time or to delay to cash out your investment one thing that makes people to think that investment especially long-term or short-term investment is not good is when they don't have a plan towards that investment but when you have a particular target towards your investment you'll be more conscious of it and they immediately it reached to your target you withdraw instantly

Indeed it is like that, I have learned something very important in this, when I speculate in the market, that is, I trade, there are opportunities that I have known how to take advantage of, for example, I reach my profit, then I open a position, remove my take profit and invest it in stop loss once I pass there because I know that from then on everything is profit, the same thing is carried over to investment, if I reach my take profit, I take out 40%, I let the other continue until the last point which was my take profit, and there I continue, the ideal is to swallow the profits.

Salmen

legendary

Activity: 1059

Merit: 1020

Sell all & and your future self will hate you utterly.

Only sell the necessary to cover outstanding bills, and at most, a small cut.
Also, sell if you plan to re-enter someday - at lower prices of course.

Speaking from observing the market for a decade.

LUCKMCFLY

legendary

Activity: 2632

Merit: 1883

Leading Crypto Sports Betting & Casino Platform

Quote from: GigaBit on December 07, 2024, 06:59:39 PM

Agreed, Bitcoin market will not always be bullish, which is why a short-term holder may end up losing if he invests for profit. Long-term investment is encouraged to be profitable from Bitcoin. Sometimes some investors can get some profit quickly by investing, but if they want to sell the amount for the small profit, they may lose the ability to buy that coin again. Currently, the price of Bitcoin has crossed $100k and it will go higher in the future and at some point, holding Bitcoin will definitely go beyond the ability of many.

I totally agree with what you say, however for me things with btc are expensive, btc has to be bought for long-term investment so that it gives the appropriate returns, if someone is looking for short-term profit then it may not be because btc is volatile, there are some people who bought low and were lucky that btc went up and they earned a lot, well I would call that luck, but to tell the truth the best btc investment is long-term, that's what I recommend the most, but of course you have to have the stomach to hold out for that time without taking out that investment.

Topic: Are you tempted to sell? (Read 3470 times)