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

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

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

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

?

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

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

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

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

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

danadc

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

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

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

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

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

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

So it is hodl to at least Jan 1

Hahaha...bro, pay your taxes. Grin

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

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

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

Lanatsa

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

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

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

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

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

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

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

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

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

mirakal

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

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

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

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

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

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

LUCKMCFLY

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

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

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

EarnOnVictor

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

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

So it is hodl to at least Jan 1

Hahaha...bro, pay your taxes. Grin

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

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

LUCKMCFLY

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

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

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

Salmen

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

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

Speaking from observing the market for a decade.

LUCKMCFLY

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

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

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

khiholangkang

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Quote from: LUCKMCFLY on December 11, 2024, 02:12:17 PM

Quote from: khiholangkang on December 04, 2024, 10:08:24 AM

Bitcoin's view is still very far away, the price of $ 100k is still very very possible we get at the end of this year, institutions must be competing to collect BTC for their additional assets, so we don't sell it for now.

It's a fact, things are like that, I personally have a lot of faith in BTC, the DCA method for me is something that is hopeful at all times, some see it as the great way out after having missed the train, this is something that we should consider that there is always hope, that is why it is good that we, in what we can, buy, it does not hurt, not that it is in large quantities, I think that if we usually buy a little, that fills the bag, I think that drop by drop the glass will overflow, and that is fulfilled in this method.

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

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

Mame89

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Quote from: ? on December 09, 2024, 08:48:23 AM

It's all a business strategy. Everyone investing in bitcoin is doing that for a common goal, "Profit". However, short term investment leaves the investor in panic and regular checks. Bitcoin achieving this great height in less than 2 months from its 50k benchmark is something many could not envisage. If you had sold part at 100k, it's not a bad deal.
Bitcoin dips and surges and intervals. It will be wise investing back a percentage into bitcoin as hope for the future. Panic sale will only leave someone in regret as time goes on.

It is tempting every time the price goes up, but you have to stick to your investment goals if you do make a profit, selling is a mistake because as you said the goal of investing is to make a profit and of course when the profit has been made, selling is not something wrong to do. It's just that what's wrong is that they sell because they panic and their investment goals are not achieved. Stick to your goals and of course every strategy must have a goal.

Rest assured the crypto market is always correcting. Sometimes we also need to be vigilant so as not to be tempted by these high prices. Stay calm, don't panic and don't get caught up in greed. Unless your investment goal is long term. What's wrong is that at times like this, many beginners come amidst the increasing interest in bitcoin, they are also tempted by big profits, but they forget that historical data shows that drastic price increases are often followed by sharp declines that make them panic and even tempted to sell it. Being tempted to sell when the goal has been achieved is good but being tempted to sell when you panic is not good.

philipma1957

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Quote from: Moreno233 on December 12, 2024, 12:48:25 PM

Quote from: OgNasty on December 11, 2024, 12:52:08 PM

I wouldn’t say that I’m tempted to sell but I sure am seeing a lot of top signs recently. It makes me think we could be in for a large correction once everyone gets comfortable with the idea we’ll be above $100K. I swear by the four year cycle though so I’m trying to stay committed to my plan. No selling until taxes in April, no major selling until after next summer.

You are not far from the truth regarding the general market sentiment, the only thing not clear is the timing. There may be some corrections especially as we are trading with the 100k area but how deep this will go and how long the correction will last is what is not known. But a good pointer to the fact that the correction will not last is the inauguration of the president elect, Donald Trump that will happen in January. Close to the time of such bullish event and onward will be very great for Bitcoin.

I see the correction starting the week before Trump is sworn in.

My logic is we will be around 120k on Jan 13

Those that bet Trump would win got in at 60-70k Oct 2 was 60.8k We topped at 72.3k on 10/31 and 75.6k on nov 7.

So all those players made solid money if it is 120k on Jan 13. I say they take profits then. And we correctly bigly and Trump has his first issue right when he gets in a crashing BTC price.

philipma1957

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

So it is hodl to at least Jan 1

Moreno233

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Quote from: OgNasty on December 11, 2024, 12:52:08 PM

I wouldn’t say that I’m tempted to sell but I sure am seeing a lot of top signs recently. It makes me think we could be in for a large correction once everyone gets comfortable with the idea we’ll be above $100K. I swear by the four year cycle though so I’m trying to stay committed to my plan. No selling until taxes in April, no major selling until after next summer.

You are not far from the truth regarding the general market sentiment, the only thing not clear is the timing. There may be some corrections especially as we are trading with the 100k area but how deep this will go and how long the correction will last is what is not known. But a good pointer to the fact that the correction will not last is the inauguration of the president elect, Donald Trump that will happen in January. Close to the time of such bullish event and onward will be very great for Bitcoin.

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 purchase a bitcoin at higher rate and the price of Bitcoin happened to decrease you should not be panic because as it decreases so shall it increase to maintain the particular point that you purchase it before it decreases but whenever something like that happen many people feel regret of purchasing Bitcoin so is good for you to invest before the price of Bitcoin increases because it is only the best time you can make a profit left with it I don't think about you. Some people do make mistake and then always follow Bitcoin price when it increases to invest so I think that that particular time you need to have the mindset of Bitcoin increasing and the invest before the price Rises

LUCKMCFLY

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Quote from: khiholangkang on December 04, 2024, 10:08:24 AM

Bitcoin's view is still very far away, the price of $ 100k is still very very possible we get at the end of this year, institutions must be competing to collect BTC for their additional assets, so we don't sell it for now.

It's a fact, things are like that, I personally have a lot of faith in BTC, the DCA method for me is something that is hopeful at all times, some see it as the great way out after having missed the train, this is something that we should consider that there is always hope, that is why it is good that we, in what we can, buy, it does not hurt, not that it is in large quantities, I think that if we usually buy a little, that fills the bag, I think that drop by drop the glass will overflow, and that is fulfilled in this method.

OgNasty

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I wouldn’t say that I’m tempted to sell but I sure am seeing a lot of top signs recently. It makes me think we could be in for a large correction once everyone gets comfortable with the idea we’ll be above $100K. I swear by the four year cycle though so I’m trying to stay committed to my plan. No selling until taxes in April, no major selling until after next summer.

LUCKMCFLY

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Quote from: Sebas.tian on December 03, 2024, 10:58:00 PM

Purchasing Bitcoin in this current price is not advisable to investors, because it will not help you to achieve what other investors that purchased Bitcoin when the price was low which is the season professional investors use to purchase Bitcoin and hold for bullish season to appear before they can release them for sale. If you are not expecting huge income from Bitcoin, you can purchase Bitcoin in this current price but it will not allow you to make a huge amount of income, because you purchase when the price of Bitcoin is high. No doubt about that if the price of Bitcoin will reach $100,000, because the price of Bitcoin is going to increase above $100,000 in this month and it will help those investors that are still waiting for the price to appear in this month of December before they can trade to increase their income.

I understand what you say, in itself you are right, it is advisable and what many should do, however we are going through a good BTC streak, we see that it has almost reached $ 100k and well, and yes it can very well go down, but let's say that instead of going down it can reach about $ 150k which is very likely, then we will have lost a tremendous opportunity, that's what I mean, however it is a risk that some or very few dare to take, that is what everyone has and can do according to their money, everything is in the capacity of each one, the best thing is to take advantage of opportunities when they arise, in the same way if you buy now and it goes down a lot, at any moment the btc will go up much more and you would already be winning.

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