Topic: Are you tempted to sell? - page 10. (Read 3470 times)

Yeah, it's like putting your money on a small wave that may become a little tsunami soon

Have own reason and has own target, they are here to invest and to earn decent profits, for those who loves playing with the fluctuations they can manage to buy low and sell high in a quick time frame, while to those who are in side of taking the long term investment they just buy and leave their assets in their safe wallet and let the market move to whatever direction it will go, as long as they are not satisfied and the target is not been hit yet the asset will remain on hold.

Those notifications with the prices going up and down are annoying sometimes for sure

Usually we selling some Bitcoin we have is because of we need emergency budget that we can not fills from our income. I also do that when I really have an urgent situation. But I still keep my Bitcoin for a long time and maybe I will sell it some in the next ATH.

In this time, we can accumulate more Bitcoin because we still have time to do that. It is not a problem if we sell some Bitcoin and enjoy the money. After all, that will be our profit if we bought Bitcoin at a lower price.

But decision to sell Bitcoin will be depends on each people because each people will have their own reason. Before we want to sell Bitcoin, it is better we consider many things so we will not regret with our decision. But if you can hold until the price reach ATH and sell it, that will be good for you because your profit will be bigger.

Bitcoin is more reliable because it has been through various events so that it is now one of the best. Bitcoin always promises profits as long as it is run correctly and the small and large problems of profits will be very dependent on the capital placed. Long -term and short -term are only issues of strategies that are applied and maybe people must see the ability to match when they are lived. The rational level needs to be considered in accordance with the approach because it is impossible to rely on small capital expecting large profits in investment.

That is why there is a need for knowledge so that people do not experience panic so that fears can make them better understand what needs to be done. Investment in Bitcoin is much safer when someone makes a long -term portion because we don't need to think about market trips that are quite speculative or often experience correction. Pressure after pressure can be controlled by understanding investment and thus we have conclusions when running investment.

Well for me it feels like that is a good thing for us to do when I see there is profit to make. But I still make it so I do not send coins to Binance so I can 'panic sell'.

And I did something else to make me not sell. I took off the exchange apps Binance and coinbase that I did have on my phone. So now there is smaller chance I am going to want to sell.

So far I have sold some of the bitcoin I have for a reason, of course one of which is budget needs. There are many unexpected expenses that I will have to pay in 2024 and the only one I can touch is bitcoin. I don't think this move is wrong, but if I had another choice then I wouldn't sell it until I get more returns.

It is never right to hold bitcoins longer while we have to go into debt here and there for the necessary budget. We can sell some, the rest remains safely stored in the wallet. However, it is best to sell at a profit instead of selling at a loss, whatever the reason, including urgent budget needs.

If you held to it then congratulations because you're back on track already.
I'm pretty sure there are other investors out there especially the newbie ones that panicked when they saw the market falling down massively in a short amount of time. Many panicked, many sold their Bitcoins and other tokens at a loss, but many also took the opportunity to buy even more.

No. Not at all.

I've seen dips way worse than what we've seen 2 weeks ago. I've seen the market going down double-digit percentages in just a day, and that continued for days until it stopped. I've seen investors panicking online telling that they regret investing into Bitcoin, or they invested at a wrong time hence, they're blaming themselves, and there are ones who tempted to sell at a loss and completely forget about investing into cryptocurrency already. I've seen it all, and it all became a lesson for me not to make impulsive decisions especially when the market is going down. It also made me realize that doing the opposite of what most investors are doing is sometimes rewarding.

Overall, tempting to sell especially at a loss is a no-no for me. As much as possible, I want to wait for the market to recover especially when I'm holding Bitcoin because I know that after a few weeks, it will recover UNLESS we're in a bear market then it will take months to a year to recover.

Shrink the scope of discussion to just bitcoin, you don't need to worry too much.
Even though bitcoin never promises returns in the short term or long term, in fact, many investors can actually feel the benefits. Early investors have earned thousands of percent returns from bitcoin, while other investors have also earned returns commensurate with the value and time frame they took.

Panic is something that is generally experienced by investors who only take advantage of short-term cycles of bitcoin price volatility. They will take profits even by just a few percent, while day traders will also fall into this category. Bitcoin has great potential in the long term, so don't worry about short-term volatility if you can still hold it longer.

Better to have that sources of income aside from crypto, that helps a lot when deciding your position, as unlike with a single crypto investment chance that they'll move their assets once the market fluctuates, but if you have other source of income then it won't be hard to keep yourself holding your assets.

Especially if you fully understand how the market works and how will you anticipate the next possible market movements.

This would actually be the ideal thing that you should really be able to consider on which you should really be having that other source of income or stream on which you could really be able to make yourself that sustain in speaking about possible investment opportunities specially on crypto space on which whenever the price or market would really be going down then you do have already that funds on which  you could really be able to invest or buyback on the moment that you've seen that there are instances on which price entries are really that good. You wont really be that also making yourself that being too stressed on the time that you would really be investing specially if this isnt really just that your money that you are really that just depending. Whereas, in compared into those people who do go all in with their investment.

When it comes into this aspect then always invest on the amount on which you can afford to lose and never ever make yourself that become delusional because on the time or moment that you do
find yourself having some issues then you would really be that turn out to be impulsive whenever the price do make out such random movement. Just like the rest been saying that temptations
to sell would really be that likely to experience because the market is really that truly random and cant be known on which instances such as this would be commonly be able
to encounter it up.

Reserved funds are good, but I believe the best thing we can do is have another stream of income where we are not reliant on bitcoin alone, and it has no reason to pressure us to sell even at a cheap price. This is a common problem for most of us, as we think investing in bitcoin today will earn a profit tomorrow. Unfortunately, the design isn't going that way, as we need to wait some time, which most investors never clearly understood.

In the end, they give up and sell their bitcoin, believing that it was a scam and an unreliable investment. It is sad to see the situation, but we can say that not all are meant for this, some will just pass by while others will stay. 

When a person is in profit, his intention to sell is not bad. Since everyone needs to gain. Again, since not everyone is able to make a profit, I can consider it the right decision to take advantage of the opportunity. But in some cases the investor must consider that if he can hold then his profit amount can increase. An investor can be very profitable in short distance if held for a certain period of time which will completely depend on the investor. I have seen many investors who, despite their profits, hold to their assets in the hope of becoming even more profitable, but they end up not being able to do so. The investor has to take decision considering his financial situation. If he has the ability then there is no difficulty in holding and if not then selling having at a small profit is good idea.

The importance of money management in dealing with this kind of thing, where we have to manage money very well, including the distribution of the money we earn and we save, investment, reserve funds, emergency funds, necessities, insurance and things like that we must have that, because it will be very useful when our investment situation is not okay.

Someone who does not have this planning will find it easier to sell their bitcoin when the price drops, and that will make someone fail in investing in bitcoin, in investing in bitcoin there are no dividends, and only rely on capital gains when our purchase price is below the market price, so organize it very well so that it is not easy to panic sell and sell because you have needs that must be paid.

Investing without having a reserve fund will eventually sell BTC holdings because the pressure of pressure becomes a necessity, there is no other solution but to sell bitcoin, so it is important for us to set a strategy in finance and the reserve fund is what will save you from any pressure.

People still want to hold longer in Bitcoin, but sometimes other needs are not thought of how the solution is then this kind of thing will not be strong to hold bitcoin will definitely sell in the middle of the road especially if the person is panicking when he sees the price falling he will doubt whether holding is the best way or not.

That's why knowledge and experience can be important lessons for someone who invests. Especially in bitcoin, there is a term repeating cycle which can be used as a reference for not selling bitcoin during a downturn. Although sometimes psychologically forcing someone to take action to sell to avoid losses and that happens because they don't understand the concept of Bitcoin's journey in the market. Panic will make someone have problems in making decisions and most people panic because they don't understand investment properly.

When someone makes the decision to invest, there are many initial considerations that need to be taken into account, this aims to minimize the resulting risks. For example, recognizing potential coins and studying the journey in the market against historical values that occur because by knowing the journey of these coins a person can make the right choice when making an investment.

Just like on what everyone is really that talking on here then it would really be that a test of patience specially if you do get caught yourself into the dump or market correction.
The main thing that comes up into your mind is on how you would be minimizing the loses that you had committed. This is why it would really be that totally depending basing up
on how experienced you are into this market. If you are just that some sort of noob or simply being newbie about market volatility then this is something that will really be that a huge
problem because you would really be that prone into tons of mistakes because you dont really know on what you should gonna do. There would really be those times or moments that you do really like to sell
because you've been thinking that the price might be going down even more. This is why it would really be best that you are wary on how market will really be moving. There are really indeed
times or those moments that you would be having that kind of feeling.Selling in loss is never been that ideal because the market will really be just that simply recover.

Impatient people will remain impatient, and they will sell their bitcoin when pressures urge them. So I would say that if they can't manage to hold their bitcoin today, it is hard to expect that these people will hold their bitcoin in the future. 

Having a straight-forward direction to our goal will be our ticket to success, but living with a doubtful mindset and behavior certainly leads us to nowhere and losses. That is why we could say that not all investors are earning; some also suffer losses because of their actions. It is our trust that changes our minds, and keeping it strong helps us gain strong emotions.

In the future, you must be able to hold on as much as you can if it is Bitcoin, because it would be a shame if the existing Bitcoin had to be sold because of urgent matters or certain needs that you cannot postpone. But as long as what you are selling is not Bitcoin, I think you don't need to make any considerations as long as the sale can generate profit and you can use the profit for all your urgent needs. Because Bitcoin is the best coin that is generally more worthy of being maintained and it would be a shame if it had to be exchanged for something else that is not more meaningful.

The question is that why do we settle for less profits and cannot hold for the bigger profits?

I think the answer for this is that we do not trust our own process. When we take the trade then we have in our mind that we take profit at 1R, 2R or 3R, but as soon as we are in profit the price does not go straight up, it goes down one leg before moving another leg up, but we are afraid that this may dump further and therefore we take the tiny profits that we have achieved and therefore we sell our coins in lower profits.