Are you tempted to sell? - page 10. | Bitcointalksearch.org

Fredomago

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Quote from: uswa56 on September 27, 2024, 12:50:49 PM

Quote from: liasbaa on September 27, 2024, 10:29:01 AM

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.

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.

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.

uswa56

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Quote from: liasbaa on September 27, 2024, 10:29:01 AM

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.

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.

liasbaa

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Quote from: Fredomago on September 10, 2024, 07:46:28 AM

Quote from: Mahanton on September 09, 2024, 04:06:50 PM

Quote from: Fredomago on September 08, 2024, 11:59:07 AM

Quote from: ThemePen on September 07, 2024, 11:34:32 AM

Quote from: Fredomago on September 06, 2024, 06:21:31 PM

Exactly, if you plan ahead of tine and you do trust the level of you own understanding, taking a long term investment might give decent amount of profits, though even how good you are there's always a time that you may think about selling sometimes you also feel that pressure, which is the common mistakes by most traders or investors who can't resist that temptation, you need to have that will to prevent any incorrect decisions that will fall you to regret such actions. Always have that trust with your own analysis and assessment to be more guided with your decision.

I completely agree with you my dear friend when investing for long time it is important to plan ahead and trust your own decisions. Sometimes market goes up and down and you might feel like selling. But it is important to resist that feeling and stick to your plan. Many people make mistakes by letting their emotions control their decisions which can lead to regrets. If you trust your own research and decisions you can avoid making impulsive choices and stay focused on your goals. It is good to have control and confidence to follow your investment plan even when market is unpredictable. Good investment plan only works if you can stick to it.

That's the right word, confidence with how you deal with your investment, I mean the way you plan and the way you deal with your research, with that concrete knowledge about the venue of your investment you will always avoid making wrong decision, unlike with those who are unsure with their knowledge most of the time they'll be following their emotions and that's where most common mistakes take place, it's your knowledge that will save your money, established good patterns and execute things accordingly.

Confidence,awareness and being prepared on what would happen on which this is something that you will really be needing on the time or moment that you do deal up with Bitcoin investment or crypto generally.You won't really be finding yourself be on a panic situation if you do find out yourself being prepared or having that anticipation.You could really be able to think up well if you are someone whose that wary on the things that could happen around.Just make it sure that you wouldnt be derailed into the earlier plans or strategies that you have set earlier because if you are a type of investor who do make those impulsive changes then it will really be bringing up that kind actions.People who do make out such act are the ones who do lack knowledge and experience towards the market.

On the time that you do have that kind of approach or not being prepared about volatility and market cycles then yo will be finding yourself doing wrong decisions or actions.
It's Always important to have that kind of awareness on how market works so that you won't easily panic.

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.

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.

STT

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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

Fredomago

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Quote from: mirakal on September 26, 2024, 07:30:38 AM

Quote from: stomachgrowls on September 21, 2024, 07:18:40 AM

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.

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.

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.

mirakal

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Quote from: stomachgrowls on September 21, 2024, 07:18:40 AM

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.

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.

stomachgrowls

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Quote from: Fredomago on September 10, 2024, 07:46:28 AM

Quote from: Mahanton on September 09, 2024, 04:06:50 PM

Quote from: Fredomago on September 08, 2024, 11:59:07 AM

Quote from: ThemePen on September 07, 2024, 11:34:32 AM

Quote from: Fredomago on September 06, 2024, 06:21:31 PM

Exactly, if you plan ahead of tine and you do trust the level of you own understanding, taking a long term investment might give decent amount of profits, though even how good you are there's always a time that you may think about selling sometimes you also feel that pressure, which is the common mistakes by most traders or investors who can't resist that temptation, you need to have that will to prevent any incorrect decisions that will fall you to regret such actions. Always have that trust with your own analysis and assessment to be more guided with your decision.

I completely agree with you my dear friend when investing for long time it is important to plan ahead and trust your own decisions. Sometimes market goes up and down and you might feel like selling. But it is important to resist that feeling and stick to your plan. Many people make mistakes by letting their emotions control their decisions which can lead to regrets. If you trust your own research and decisions you can avoid making impulsive choices and stay focused on your goals. It is good to have control and confidence to follow your investment plan even when market is unpredictable. Good investment plan only works if you can stick to it.

That's the right word, confidence with how you deal with your investment, I mean the way you plan and the way you deal with your research, with that concrete knowledge about the venue of your investment you will always avoid making wrong decision, unlike with those who are unsure with their knowledge most of the time they'll be following their emotions and that's where most common mistakes take place, it's your knowledge that will save your money, established good patterns and execute things accordingly.

Confidence,awareness and being prepared on what would happen on which this is something that you will really be needing on the time or moment that you do deal up with Bitcoin investment or crypto generally.You won't really be finding yourself be on a panic situation if you do find out yourself being prepared or having that anticipation.You could really be able to think up well if you are someone whose that wary on the things that could happen around.Just make it sure that you wouldnt be derailed into the earlier plans or strategies that you have set earlier because if you are a type of investor who do make those impulsive changes then it will really be bringing up that kind actions.People who do make out such act are the ones who do lack knowledge and experience towards the market.

On the time that you do have that kind of approach or not being prepared about volatility and market cycles then yo will be finding yourself doing wrong decisions or actions.
It's Always important to have that kind of awareness on how market works so that you won't easily panic.

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.

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.

Fredomago

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Activity: 2996

Merit: 1054

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Quote from: Mahanton on September 09, 2024, 04:06:50 PM

Quote from: Fredomago on September 08, 2024, 11:59:07 AM

Quote from: ThemePen on September 07, 2024, 11:34:32 AM

Quote from: Fredomago on September 06, 2024, 06:21:31 PM

Exactly, if you plan ahead of tine and you do trust the level of you own understanding, taking a long term investment might give decent amount of profits, though even how good you are there's always a time that you may think about selling sometimes you also feel that pressure, which is the common mistakes by most traders or investors who can't resist that temptation, you need to have that will to prevent any incorrect decisions that will fall you to regret such actions. Always have that trust with your own analysis and assessment to be more guided with your decision.

I completely agree with you my dear friend when investing for long time it is important to plan ahead and trust your own decisions. Sometimes market goes up and down and you might feel like selling. But it is important to resist that feeling and stick to your plan. Many people make mistakes by letting their emotions control their decisions which can lead to regrets. If you trust your own research and decisions you can avoid making impulsive choices and stay focused on your goals. It is good to have control and confidence to follow your investment plan even when market is unpredictable. Good investment plan only works if you can stick to it.

That's the right word, confidence with how you deal with your investment, I mean the way you plan and the way you deal with your research, with that concrete knowledge about the venue of your investment you will always avoid making wrong decision, unlike with those who are unsure with their knowledge most of the time they'll be following their emotions and that's where most common mistakes take place, it's your knowledge that will save your money, established good patterns and execute things accordingly.

Confidence,awareness and being prepared on what would happen on which this is something that you will really be needing on the time or moment that you do deal up with Bitcoin investment or crypto generally.You won't really be finding yourself be on a panic situation if you do find out yourself being prepared or having that anticipation.You could really be able to think up well if you are someone whose that wary on the things that could happen around.Just make it sure that you wouldnt be derailed into the earlier plans or strategies that you have set earlier because if you are a type of investor who do make those impulsive changes then it will really be bringing up that kind actions.People who do make out such act are the ones who do lack knowledge and experience towards the market.

On the time that you do have that kind of approach or not being prepared about volatility and market cycles then yo will be finding yourself doing wrong decisions or actions.
It's Always important to have that kind of awareness on how market works so that you won't easily panic.

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.

Yaunfitda

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Quote from: adaseb on September 08, 2024, 05:01:07 PM

I think if we head to the $45K area then there is going to be huge sell pressure. Why?

Well that was the area where many entered a position with the bitcoin etfs. Something like $12B worth of flows was in the first few weeks. Many are still in profit. However if we go to the $45K area, many will just want to get out because they will think if it breaks $40K then we might head down to $30K.

So far the market is strong and can easily turn around, however we got too many economic events like the Rate cut, election, etc. So its hard to say where we will go in the next few months.

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.

Mahanton

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Quote from: Fredomago on September 08, 2024, 11:59:07 AM

Quote from: ThemePen on September 07, 2024, 11:34:32 AM

Quote from: Fredomago on September 06, 2024, 06:21:31 PM

Exactly, if you plan ahead of tine and you do trust the level of you own understanding, taking a long term investment might give decent amount of profits, though even how good you are there's always a time that you may think about selling sometimes you also feel that pressure, which is the common mistakes by most traders or investors who can't resist that temptation, you need to have that will to prevent any incorrect decisions that will fall you to regret such actions. Always have that trust with your own analysis and assessment to be more guided with your decision.

I completely agree with you my dear friend when investing for long time it is important to plan ahead and trust your own decisions. Sometimes market goes up and down and you might feel like selling. But it is important to resist that feeling and stick to your plan. Many people make mistakes by letting their emotions control their decisions which can lead to regrets. If you trust your own research and decisions you can avoid making impulsive choices and stay focused on your goals. It is good to have control and confidence to follow your investment plan even when market is unpredictable. Good investment plan only works if you can stick to it.

That's the right word, confidence with how you deal with your investment, I mean the way you plan and the way you deal with your research, with that concrete knowledge about the venue of your investment you will always avoid making wrong decision, unlike with those who are unsure with their knowledge most of the time they'll be following their emotions and that's where most common mistakes take place, it's your knowledge that will save your money, established good patterns and execute things accordingly.

Confidence,awareness and being prepared on what would happen on which this is something that you will really be needing on the time or moment that you do deal up with Bitcoin investment or crypto generally.You won't really be finding yourself be on a panic situation if you do find out yourself being prepared or having that anticipation.You could really be able to think up well if you are someone whose that wary on the things that could happen around.Just make it sure that you wouldnt be derailed into the earlier plans or strategies that you have set earlier because if you are a type of investor who do make those impulsive changes then it will really be bringing up that kind actions.People who do make out such act are the ones who do lack knowledge and experience towards the market.

On the time that you do have that kind of approach or not being prepared about volatility and market cycles then yo will be finding yourself doing wrong decisions or actions.
It's Always important to have that kind of awareness on how market works so that you won't easily panic.

passwordnow

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I've done selling years ago during the last bull run season and it's not actually on that right moment but way before that. So, I didn't maximized my profit. I am tempted to sell now but I am controlling myself. The past required me to do it because of some needs to cater but this time, I can endure and don't have obligation to do it so, I'm HODLING.

Quote from: adaseb on September 08, 2024, 05:01:07 PM

So far the market is strong and can easily turn around, however we got too many economic events like the Rate cut, election, etc. So its hard to say where we will go in the next few months.

I am expecting that the rate cut will do something to the price like what it does at all times. The market isn't uncertain now and this has to be expected, we're all speculating and that's fine but for someone who has experienced and aware of these factors, it's better to hold and don't panic and much better accompany these waiting time with some purchases if possible.

adaseb

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I think if we head to the $45K area then there is going to be huge sell pressure. Why?

Well that was the area where many entered a position with the bitcoin etfs. Something like $12B worth of flows was in the first few weeks. Many are still in profit. However if we go to the $45K area, many will just want to get out because they will think if it breaks $40K then we might head down to $30K.

So far the market is strong and can easily turn around, however we got too many economic events like the Rate cut, election, etc. So its hard to say where we will go in the next few months.

BITCOIN4X

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Quote from: dansus021 on September 08, 2024, 01:04:47 AM

Bro the market is not always Up and there will be downside and sell pressure so if you ask people Are you tempted to sell? degen and maximalist would said NO or BIG NO because this is just the cycle of bitcoin itself. even my self would say no maybe Im converting to other asset or just wrapped the bitcoin to put in a good use.

Selling when the market is down is just Lips sealed

Zoom out

you gonna see the YTD is still 20%+ profit meaning is still double digit APY Cool

If all traders and holders thought that this kind of decline was part of the cycle, then perhaps they would never be influenced to sell. The problem is that every trader and investor has their own approach to dealing with market volatility. They may sell to cut losses, but they will buy back when positive sentiment is higher than negative.

In the current situation, some whales are very likely to exploit the fears of many traders and small investors. They manipulate the market by depositing lots of bitcoins to exchanges without actually selling them, this alone can drive many traders to sell their bitcoin for fear of loss.

Fredomago

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Quote from: ThemePen on September 07, 2024, 11:34:32 AM

Quote from: Fredomago on September 06, 2024, 06:21:31 PM

Exactly, if you plan ahead of tine and you do trust the level of you own understanding, taking a long term investment might give decent amount of profits, though even how good you are there's always a time that you may think about selling sometimes you also feel that pressure, which is the common mistakes by most traders or investors who can't resist that temptation, you need to have that will to prevent any incorrect decisions that will fall you to regret such actions. Always have that trust with your own analysis and assessment to be more guided with your decision.

I completely agree with you my dear friend when investing for long time it is important to plan ahead and trust your own decisions. Sometimes market goes up and down and you might feel like selling. But it is important to resist that feeling and stick to your plan. Many people make mistakes by letting their emotions control their decisions which can lead to regrets. If you trust your own research and decisions you can avoid making impulsive choices and stay focused on your goals. It is good to have control and confidence to follow your investment plan even when market is unpredictable. Good investment plan only works if you can stick to it.

That's the right word, confidence with how you deal with your investment, I mean the way you plan and the way you deal with your research, with that concrete knowledge about the venue of your investment you will always avoid making wrong decision, unlike with those who are unsure with their knowledge most of the time they'll be following their emotions and that's where most common mistakes take place, it's your knowledge that will save your money, established good patterns and execute things accordingly.

dansus021

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Part of AOBT - English Translator to Indonesia

Bro the market is not always Up and there will be downside and sell pressure so if you ask people Are you tempted to sell? degen and maximalist would said NO or BIG NO because this is just the cycle of bitcoin itself. even my self would say no maybe Im converting to other asset or just wrapped the bitcoin to put in a good use.

Selling when the market is down is just Lips sealed

Zoom out

you gonna see the YTD is still 20%+ profit meaning is still double digit APY Cool

GigaBit

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Quote from: bestcoins1 on September 07, 2024, 08:53:19 AM

Quote from: betswift on September 06, 2024, 12:51:14 AM

Sounds like a great plan Grin

Love your spirit.
There is no fear, only opportunity ahead of us.
And we should grab it as soon as we see it.

If someone is looking for an opportunity in a price drop like this, of course there is nothing he needs to wait for but to immediately prepare his mind and capital to be able to get the opportunity by buying as much as possible without having to think about selling again in the near future. Because now the price of Bitcoin is quite cheap and so are some other coins that we should pay attention to at this time because only people who are not too afraid would want to make such a plan for now.

Those who want to be more profitable from their investment must buy from dip. In particular, the opportunity to buy low and sell high should be used. But there are some investors who are too afraid of the natural moving nature of the market, they definitely need to learn more about the market. The current price of Bitcoin is 53K and Bitcoin price has lost about 14.8 percent in the last two weeks. In this situation, some investors are so desperate that they cannot accept the dip at all, while there are others who are hoarding their bitcoins. They are adding bitcoins to their portfolio to achieve a specific goal. Some people are panicking and at the same time, some people are rejoicing because of the fall in the price of Bitcoin. It will depend entirely on knowledge.

dunfida

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Quote from: taufik123 on September 07, 2024, 12:29:50 PM

Quote from: Webetcoins on September 07, 2024, 11:00:33 AM

-snip-
Everyone feels tempted to sell when the price is very high, I wouldn't blame you, and it's not a bad strategy to sell some when the price is high and then buy back when the price is lower because this gives you more bitcoins for the same price that then you can hold for a better price in the future.

The high price depends on where the target will be reached or at what price you buy, so the profit will be more when the pumping happens and selling some of the bitcoin holdings to secure the profit.

Take advantage of the price fluctuations that occur, then buy at a cheaper price when the decline occurs so quickly or when it reaches the lowest support point.

I also used to do it when I saw that the price had indeed touched the top resistance, and then it was time for a correction to occur.
But for those who are only making long-term investments, will not see this as a profit to be earned, they will just wait for the latest ATH price target to be reached or maybe higher.

When it comes to target price then each individual would really be having their own targets and we do know that there are different type of traders or investors who are dealing into this market.
Some would be holding for long and some will really be making out some short term duration trades. We do know that when it comes to this aspect then it is really just that basically be basing or depending
on how well you do handle yourself into this volatile and unpredictable space. There would really be those individuals who arent that good when it comes to decision making into their investment
and would really be just that focusing out on making money without even trying out to considerate those possible scenarios specially on losing money or seeing negative. You would definitely
be having that kind of impression on the time or moment that you've seen yourself dont know on what you should gonna do.

taufik123

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Quote from: Webetcoins on September 07, 2024, 11:00:33 AM

-snip-
Everyone feels tempted to sell when the price is very high, I wouldn't blame you, and it's not a bad strategy to sell some when the price is high and then buy back when the price is lower because this gives you more bitcoins for the same price that then you can hold for a better price in the future.

The high price depends on where the target will be reached or at what price you buy, so the profit will be more when the pumping happens and selling some of the bitcoin holdings to secure the profit.

Take advantage of the price fluctuations that occur, then buy at a cheaper price when the decline occurs so quickly or when it reaches the lowest support point.

I also used to do it when I saw that the price had indeed touched the top resistance, and then it was time for a correction to occur.
But for those who are only making long-term investments, will not see this as a profit to be earned, they will just wait for the latest ATH price target to be reached or maybe higher.

yudi09

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Quote from: Webetcoins on September 07, 2024, 11:00:33 AM

Quote from: coolcoinz on September 05, 2024, 02:23:10 PM

I only feel temped to sell when the price is very high. I sometimes sell some bitcoin when we reach a milestone, for instance once we broke above 69k in March, I sold a little bit.
Prolonged bear markets only make my dedication stronger. If we were to break down to 40k or something similar, I'd do what I did in the last 2 bear markets - wait it out.

Everyone feels tempted to sell when the price is very high, I wouldn't blame you, and it's not a bad strategy to sell some when the price is high and then buy back when the price is lower because this gives you more bitcoins for the same price that then you can hold for a better price in the future.

It shouldn't be tempted, but desire. Selling at a high price is a dream for many people so they are willing to hold until the highest level is reached.
Selling some of the amount of assets they have when the price passes $ 69,000, I think many people do it so when the price is below $ 54,000 it becomes a situation that is well exploited. This is included in the most basic strategy.

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Quote from: Fredomago on September 06, 2024, 06:21:31 PM

Exactly, if you plan ahead of tine and you do trust the level of you own understanding, taking a long term investment might give decent amount of profits, though even how good you are there's always a time that you may think about selling sometimes you also feel that pressure, which is the common mistakes by most traders or investors who can't resist that temptation, you need to have that will to prevent any incorrect decisions that will fall you to regret such actions. Always have that trust with your own analysis and assessment to be more guided with your decision.

I completely agree with you my dear friend when investing for long time it is important to plan ahead and trust your own decisions. Sometimes market goes up and down and you might feel like selling. But it is important to resist that feeling and stick to your plan. Many people make mistakes by letting their emotions control their decisions which can lead to regrets. If you trust your own research and decisions you can avoid making impulsive choices and stay focused on your goals. It is good to have control and confidence to follow your investment plan even when market is unpredictable. Good investment plan only works if you can stick to it.

Topic: Are you tempted to sell? - page 10. (Read 4009 times)