Topic: Are you tempted to sell? - page 5. (Read 2537 times)

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.

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.

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.

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.

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.

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

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

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.

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?

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.

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

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.

  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