Are you tempted to sell? - page 3. | Bitcointalksearch.org

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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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.

ThemePen

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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.

Webetcoins

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Quote from: Ambatman on September 05, 2024, 09:48:25 AM

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. Grin

Unfortunately, that's not what most people think about the market when they see a decline. If we had more people in retail investors with the same mindset, the market would be better because there would be fewer sellers and more buyers, which would boost the market upwards. Most retail investors would start looking for an exit point as soon as they see Bitcoin losing $2k or something because they are too afraid of losing value for their money.

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.

bestcoins1

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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.

Fredomago

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Quote from: Onyeeze on September 05, 2024, 03:01:20 PM

Quote from: Ever-young on August 05, 2024, 06:43:02 AM

To be honest, the market is very confusing to me right now. It's as if I made the wrong choice a few days ago for buying and adding more to my bag with the expectation of seeing a turn around in the market, when I could have just waited a little longer and bought now that the market is even going a bit deeper, which we can't even predict how dip the market will go this month. Not in a hurry to sell, but it's profiting to know when some will take advantage of a situation.

if you rush to sell your cryptocurrency in the name of dip experience in market, good cryptocurrency investors don't need to rush or panic in the name of price is going slow, if you have the mindset of long-term investment I don't think you will be able hurry to invest in cryptocurrency network, so I know very well that bitcoin investment has to do with different plans and understanding, the best method to make a huge profit in Bitcoin is to remove fear and panic, because people who are billionaire in Bitcoin always know that strategies to make a profit is to invest for long-term neither the price of bitcoin is increasing or falling they will feel reluctant

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.

betswift

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Quote from: Ambatman on September 05, 2024, 09:48:25 AM

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. Grin

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.

JeffBrad12

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Quote from: Ambatman on September 05, 2024, 09:48:25 AM

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. Grin

sounds like a solid plan because this is what a true holder should be doing Grin

.

if anyone is thinking of being holder, just buy when there are dips and forget, just ignore all the dips news and add more position if we think we have the spare money and focus with life instead.

when btc finally reaches new all time high, there will be media outlet that gonna cover such news, at that point even if we forgot we even hold BTC we will eventually get reminded and that's the right time to cash out.

selling just because of the dips sounds amateurish because that's exactly what market want you to do, selling at the dip, I mean if anyone trying to hold BTC and selling at the dips because they are afraid, might as well not hold it.
dips are part of bullrun after all. the market can't always go up infinitely.

Orpichukwu

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Quote from: Onyeeze on September 05, 2024, 03:01:20 PM

if you rush to sell your cryptocurrency in the name of dip experience in market, good cryptocurrency investors don't need to rush or panic in the name of price is going slow, if you have the mindset of long-term investment I don't think you will be able hurry to invest in cryptocurrency network, so I know very well that bitcoin investment has to do with different plans and understanding, the best method to make a huge profit in Bitcoin is to remove fear and panic, because people who are billionaire in Bitcoin always know that strategies to make a profit is to invest for long-term neither the price of bitcoin is increasing or falling they will feel reluctant

What just matters in investing in Bitcoin is understanding how the market works and how you, as an investor, can be able to know the exact amount you can invest from your own money that won't have to affect your expenses. If you can be able to slip that, then you don't have to worry about anything.

Everytime is the best buying time for Bitcoin. As long as the plan is to hold for long, I don't see anything as rushing to buy because if you don't even buy that time, who knows where the price will be the next time you see it?

Finestream

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

At this point I only wish I haven't sold at the top to buy back now because I'd have more bitcoin, but I don't trade so it's in a way a bitcoin path that I chose to follow. No trading, just holding for years, but there's that voice in the back of the head saying -you could have more bitcoin, and another one saying -don't be greedy, you have enough!
I avoid exchanges and recently only sell for cash if I need to buy some stuff.

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.

I believe you are not alone. Everyone get tempted to sell when the price is at the top, because we are here for profits in the first place so if we see impressive price to sell, we will definitely grab the chance. And I think there's nothing wrong with that as long as we also hold the rest for future profits.

However, with the current price, it's best to hold more than selling at the moment. Do DCA instead so that we can prepare for a bigger income when the final bull run is here.

Onyeeze

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Quote from: Ever-young on August 05, 2024, 06:43:02 AM

To be honest, the market is very confusing to me right now. It's as if I made the wrong choice a few days ago for buying and adding more to my bag with the expectation of seeing a turn around in the market, when I could have just waited a little longer and bought now that the market is even going a bit deeper, which we can't even predict how dip the market will go this month. Not in a hurry to sell, but it's profiting to know when some will take advantage of a situation.

if you rush to sell your cryptocurrency in the name of dip experience in market, good cryptocurrency investors don't need to rush or panic in the name of price is going slow, if you have the mindset of long-term investment I don't think you will be able hurry to invest in cryptocurrency network, so I know very well that bitcoin investment has to do with different plans and understanding, the best method to make a huge profit in Bitcoin is to remove fear and panic, because people who are billionaire in Bitcoin always know that strategies to make a profit is to invest for long-term neither the price of bitcoin is increasing or falling they will feel reluctant

coolcoinz

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At this point I only wish I haven't sold at the top to buy back now because I'd have more bitcoin, but I don't trade so it's in a way a bitcoin path that I chose to follow. No trading, just holding for years, but there's that voice in the back of the head saying -you could have more bitcoin, and another one saying -don't be greedy, you have enough!
I avoid exchanges and recently only sell for cash if I need to buy some stuff.

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.

Topic: Are you tempted to sell? - page 3. (Read 2169 times)