Topic: Are you tempted to sell? - page 5. (Read 3721 times)

To be honest I don't have 1 btc, I only have some sats lying around, but I still have that saving and increasing it every time I can buy, because the dca method is the one that seems wonderful to me, there are many who do have BTC and are winning big, the truth is I'm very happy for them, and I think that those who have more money and more probability of buying what I recommend is that they can buy even in bulk, we should take advantage of the situations , this year it is very likely that the price will Reach about $ 100k, in a few years it will be at $ 200k or more, so we should take advantage of the moment.

When it comes to news then it had become that quite relevant nowadays whether it would be negative or positive on which it does really give out that kind of effect and this is something that we do really that getting used now on which in compared back in the past that news and fundamentals doesnt really give out any effect but now we are seeing the different situation or condition on which it is really that making some impact now.
Selling isnt bad specially that you've seen yourself be on that profitable in short time period yet we do know that not all investors will really be that long term investors or holders on which they will really be trying out to get profits as short time as possible on which this is something that wont really be simple since dealing up with volatile market in shorter duration does really need up that proper skill and knowledge on dealing up with this space on which this is something which is really that unpredictable. There are really just that those individuals who are really that not risks takers and thats why they do decide on holding for long term instead.Selling out just because the price is dropping is considered to be a coward move specially on Bitcoin holdings. How we do think about into those people who had panic sold on last years or into those moments that it is really that playing around $20-30k price?

Temptation to sell on having profits isnt bad, but temptation to panic sell then this is something which isnt recommended. You will definitely be regretting at the time or moment that you will be making up such action or doing.

I totally agree with you on what you say, in fact when there are big problems in the world that we know as fundamental, it affects the market, and it is simple that the biggest investors withdraw their investment to go to something safer, and because of that when the markets fall, they generally put their investment in gold and any other sector that they consider strong, but this is something that always happens, we have already experienced it, just as when there are positive events generally the market grows, a clear example is when Trump won, everyone knew that the price had to go up and boy did it take a good turn.

Even short term this is not the time to sell really imo.   Only people external to BTC would be so apprehensive and unfamiliar with the normal amount of volatility.

On every time frame BTC is doing well at present, any pullback would only be bullish at this point.   Price and volume point to good progression higher.   A test will occur no doubt anyway.

I agree with your approach to investing, but in fact market dynamics will affect the psychology of every investor. Some investors may be able to absorb a lot of stress when the market is not in their favor, but not all investors can do this unless they are experienced and supported by a good backup plan.

People tend to sell when the targets they want to achieve have been met, the impact is clear on price corrections. At times like that, increased selling pressure will affect prices which may cause the market to correct slightly, this can also affect the psychology of holders.

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.

From that point of view, it will lessen the pressure and you'll be able to think wise while waiting for your target benefits.

If you don't have the ability to hold Bitcoin, you have to sell it. Among the investors who want to sell it for more profit or have sold it in the past will definitely regret it. This is something that many folks may not be able to control their greed. When they get greedy, they will lose their wealth. It may not be easy to get Bitcoin back at the price at which it was sold. Especially those who bought it from the deep and sold their Bitcoin for a small profit are the ones who have suffered the most regret. The price of Bitcoin today will definitely increase tomorrow. Those who are holders of Bitcoin will be able to benefit the most.

Me too, if we intend to invest long term in bitcoin then we don't need to watch the charts too much or try to constantly track what the whales are doing. That will make us susceptible to their actions and make wrong decisions, which is hardly beneficial for long term investing. Instead, let's focus on DCA and stick to the original plan we outlined: how long will we hold bitcoin, how much bitcoin can we buy, and when will we sell?...I think for a long term investor, that is more than enough instead of looking at the charts too much and making too many predictions.

For me it's the opposite, I don't like to see which one is buying, or how big it is, the most important thing for us retail and average investors is just to continue to buy and don't let our emotions sets in otherwise, we will be affected by this whales and who knows, maybe we are going to be influence and tempted to sell when we see this big sell orders on an exchange. So better just stay away with it and don't look, in my opinion.

Of course, charts are going to help, we have indicators to do that. But then again, if we have been in this market for so long, it's the fundamentals that is important to us. And so far it didn't fail, although it might take months for it to really shape into the bull run that we all have been waiting.

That is really the benefits of investing in Bitcoin, taking profits and continue HODLing. Some folks will just be greedy to sell everything and expect the price to DIP for them to rebuy but anyone who practice such earlier before the price started skyrocketing would have been feeling regrets now why they didn't just sell a part and HODL the rest.

Definitely, besides we can't HODL forever therefore, if an opportunity to take profits from one's investment comes up, we take profits and if a DIP happens later on, we buy back and HODL. I think it's a good strategy.

I think the big whales are gambling on market conditions to increase their profits. It always happens that they take advantage of the downside and bounce back and if you can understand their mind you need to be more knowledgeable and devote more time to monitoring the market. I think the right approach is for an investor to keep depositing a portion of their potential disposable income into Bitcoin on a weekly or monthly basis and try to get a decent holding. This can save your mind from being overly stressed by market movements which is a good investment for the long term.

You should positively assess the Bitcoin price being in an attractive place and the price swings before touching $100k are a crucial time for investors to decide whether to increase or sell their holdings.

Without a doubt, things are like that, the influence of whales sometimes very few notice it, personally I like to see the volume of the entire chart, some analysts only see the shape of the chart and well they draw their analysis and conclusions, I am a little more detailed in the volume because for me knowing how to read the volume is everything, that is why when we see an increase in volume and an increase in candles things can indicate that the whale may be on the move and that is where you should take advantage and buy, of course it is just a simple example of what I sometimes see, but it is a matter of observing a lot and analyzing volume-chart and some means like tensor charts indicate where the greatest supply and demand are, for me that is worth a lot.

And you need to keep on eye with those factors that can affects the market movement before deciding your next position, it's tough and not as easy as most of the traders think it was, there are many things that you needed to consider before deciding.
Whales got the control and we need to analyze what are the indication that they are moving and what's the direction so we can follow and we can avoid making mistakes and lose our investment.

It is surprising that the tendency to predict the price of Bitcoin is to go down with the rise which can be a bit of a confuse for investors especially those who are new to the market. Those who have sold their holdings during the price fluctuations of Bitcoin may regret it in the future, and I see a number of such investors. I think that you should observe each situation with patience so that you can increase the chances of getting profit from your invested assets in the long run. Here you should focus more on holding Bitcoin and the multiple cycles of possible financial freedom. Investors should be patient and wait for Bitcoin to accelerate its growth over time, rather than showing instability in the downward trend of Bitcoin from a position near $100k.

Without a doubt, things are like that, the influence of whales sometimes very few notice it, personally I like to see the volume of the entire chart, some analysts only see the shape of the chart and well they draw their analysis and conclusions, I am a little more detailed in the volume because for me knowing how to read the volume is everything, that is why when we see an increase in volume and an increase in candles things can indicate that the whale may be on the move and that is where you should take advantage and buy, of course it is just a simple example of what I sometimes see, but it is a matter of observing a lot and analyzing volume-chart and some means like tensor charts indicate where the greatest supply and demand are, for me that is worth a lot.

I sold enough that I do not need to sell for a year or more.

If BTC were to go to 180-210k I would sell some.

For one to think Bitcoin will not rise again when it was dropping then that person is only knowing how Bitcoin operates for the first time, is not certain that when Bitcoin price drops it continues to go down, no. And lack of believe made those who seem to sell at that moment because is going down. When the price of BTC start going up I believe they sit down and regret why they didn't wait a little bit to enjoy this very moment.
At this moment things aren't going well like we expected with Bitcoin price since the market price has dropped to $94k as of when I checked, now doesn't it mean Bitcoin price won't go back up again? Lack of believe and lack of patience makes an investor to sell when they see the market price dropping, I know with time it will start going back up to hit $100k.

I don't think selling and waiting to dip more before buying is necessary or selling and waiting to start recovering is neither a good option. The best option so far is to used additional money from your discretion to buy more so as when the market starts recovering, the initial amount invested we regain while the money you invested from your discretion add more value when it recovers fully. Emagine buying the dip with $1k when it was %-24 when it recovers you would have been in the position of making %24 gain summing up to $1.24k then by now it would have been a huge amount.

Like I said, it is pointless to sell to buy back except for a trader, but if it is for a HODLer you just need to buy more.

We need to understand both potentials and risk before acting to whatever the market decide to turn, as if you don't assess and analyze things it can harm your investment, there are many factors that you needed to consider before jumping into conclusions but if you know those things chances that it will compensate you or lessen the chance of losing your money.


Indeed, as human there's fear inside us, though we can lessen those emotion to control us if we know how the market works, if we have deeper knowledge about the market that we are into, more on how you deal with your research and how deep you analyze the situation before making any decision.

With this happening, bitcoin experienced a very massive price increase in the last months of this year, more and more people should be aware that when we invest in bitcoin, it requires patience and high confidence to get profit, that's how bitcoin speaks that it will provide profit for anyone who buys it.

We really have to appreciate those who have managed to get through this cycle with great honor, because yes, the attitude of holding back is a difficult one when the market is uncertain about which direction it will go like what happened in August and early September yesterday.
You don't sell your bitcoin, you are a lucky person, my friend.