Topic: Are you tempted to sell? - page 3. (Read 1878 times)

  Sell?
I'm thinking of how to add more.
Every dip is like a buying opportunity
Don't know if we would ever see the price this cheap again.
Having same feeling of how bitcoin consolidated for quite sometime around $24K
And even if it does in the opposite direction of my plan
Would just add more. 

Market fear shouldn't discourage you from your course of action, you are totally right. I agree with you. It will go away, but you will stay

Not really just that having that cool head but rather it is really that important that you should really know on what you are dealing with so that you cant really be ending up on having
that impulsive approach towards your crypto investment or portfolio. If you do really know on what you are dealing with and pretty much aware on how the market works or behaves then
you do have already in your mind about the probabilities of possible scenarios that could happen into your investment and with that then you do able to control yourself and wont really be that becoming
too impulsive on which mostly this is the main cause on why people do make out bad decisions into their investment on which this isnt recommended. Tempted out to sell is into the moment that you've
seen that there's extreme feear in the market plus having those tons of negative news and fundamentals on which this one would be causing up that much pressure that could affect you out.
On the time that you will really be having this kind of emotion or condition then it is really that hard to control or really that hard have that composure despite on having those initial thoughts
and control towards self.

Totally depends into your trust and optimism towards a certain project on which if you do have that kind of positive approach towards a certain project and having that confidence that it would really be that worth on holding it on longer runs then you would really be trying out to accumulate as much as you could on the moment that it would be having that price crash. We should really be that wary that when it comes to
price volatility or simply with those common markat conditions on which there would really be those kind of movements and if you do find yourself that not prepared then your experience towards this market isnt
really that solid or something that would be enough. For people who have been on this market for a while then of course you would be at least knowing on what you are doing or dealing with.

The only time that you do have those kind of selling approach on a market decline is into those moments that you do find yourself having lacking of experience and awareness on how this market works.
On the time or moment that you do find yourself having this kind of reaction then it would be better that you should be reassessing yourself whether its a viable thing or worth to be done
or not. Its impossible that you cant be able to determine at least into those potential outcome of the actions that you are making.

Yup, it's important that we do know what we are doing and we totally believe that the project that we are supporting will bring the outcome that we are expecting, if we have that kind of knowledge and understanding there's no way that we can easily tempted not unless there's a certain change that happened and it really affects the development of the project, that kind of situation is needed to be address to prevent losing everything.

More on how you deal with your own research and how you find yourself setting up your target to execute your strategy.

That will depends on how and what they will do related to the market. If they can buy low and sell high in a quick time frame, that will be their luck so they will have a chance to make a profit. But if they think that they are difficult to do that, they can choose to use the investment in a short, medium, or long term.

We don't have to tempt to sell if our target still not appears. We can still holds our coin and accumulate more if we think that the coin have the potential to increase. But that will depends on our research for that coin.

The important is we can secure that coin, we have our target to sell, we know when we can sell the coin. We can wait for some time if the market still fluctuation and not reach our target price. We can use our time to prepares for the next thing that we wants to do.

Yeah, and sometimes (usually newbies) people sell because they see red in their portfolios It's a normal reaction, but without analysis and cool head, it's nonviable to get rid of your bags right away.

It is true that everyone who runs an investment has a profit target that they want and will take profit when they have reached the target they have achieved, but when someone sells at a loss, of course they have analyzed well and they are very sure that the price will not improve even if they maintain the asset, so it is very important for everyone to continue to analyze well before deciding to sell or continue to maintain their assets.

When someone chooses to survive in the long term, of course they will not be affected by market movements that occur because they have made their investment plans well and have also set investment targets and if they have not reached them, of course they will choose to maintain their assets, yes, there are some people who have sufficient funds, of course they will try to increase their assets when there is a decline in order to get a greater profit from what they have invested.

In this case we must realize that the role of investment is not as a tool to make us comfortable with the life we are living now because this is a plan for the long term for us to be able to make a good quality of life in the future or at our retirement age with the aim of investing as an aspect to support the financial freedom we want.   Then of course there must be other things that are done not to depend on investment alone if we really want to continue living and get income for now .

Investment is not a life support in the present because investment clearly takes time, its just that this is good for our future. As for the life we live today, we definitely need other income and this is where the role of work is important. In this way, we can use the income from our work for daily life and the rest of it we can use for longterm investment in bitcoin in the hope that it can support our future needs .

Everything would really be that according into someones preference and someones choice when it comes to this kind of condition on which not all would really be that good when it comes to self control and this is why
there would really be those individuals who would really that making those decisions which its obviously isnt really that recommended thing to be done. Each person would really be having their different level of tolerance when it comes to emotions on which there would really be those who could be able to have that control and there are ones who would really be that forgetting out on their earlier plans or targets.
There would really be those moments that you will be thinking up on selling on the time that them market would really be having some deep dips on which you would be thinking that it might be that going even down.

Every decisions would be made up will really be having their own results or outcomes on which it could neither be that positive or negative, but in speaking about into this kind of condition then it would
really be that understandable that this could really be that resulting on having that negative outcome or result because selling out on lose because the market is really that going down then
it do really obviously shows you are a person who do easily panic. hehehe

Based on preferences and reasons for investments, decisions to sell at any point will be with some level of considerations because you don't sell off if you aren't making profits already as an investor, the only time you can best sell of is when you are in profit and see the market trying to take a new direction against you, then you can be sure to sell off and still not loose so much.

for those who have got their assets based on the long term, they will not be quick to sell at every slightest retracement they see in the market because they understand the dynamics in the fact that they are just almost normal moves the market will make before ever they get to go in the upward direction the increasing the value of their investments. tho there's an anticipated bull run ahead in few months from now, it will be very much better to wait awhile nd see whatever direction the market will be moving and for how long so we will benefit  as much as possible and get only the most we can off the market.

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.