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Topic: Don't sell in loss (Read 223 times)

hero member
Activity: 700
Merit: 577
Eloncoin.org - Mars, here we come!
May 04, 2024, 04:12:26 PM
#26
From my observation many newbies de expect bull run to start immediately after halving, but as e no come happen like that, many of dem come de panic, unto say price fit continue to de dip and dem go wan sale di Bitcoin wey dem de hodl. Dis na my first halving experience and I don carry out research to understand say bull run no de happen immediately after halving, e go take some months before e go start. So infact na opportunity to de accumulate if person get di money, as di price still de dip, because for di peak of bull run na correct ROI de await di patient investors.

Not only newbies but also senior members and some people think say di price of bitcoin go come down in the halving but things turn around that bitcoin price was on the high and e come add the transaction fee wey been de y lime rocket Star. But many people were still hoping that the price will go up and this recent downturn of the price comes they spoiled their mind the more. And as the price comes dey come up again nai their mind come dey sweet them.

And di wey I see things like this, the price go stay like this for sometimes before it will go up.
sr. member
Activity: 266
Merit: 217
May 04, 2024, 03:14:14 PM
#25
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.
All this opportunities nah watin person no suppose to miss at all because as e dip today we no dey sure say e go dip soon again. And if any body try gather the small one wey em go fit now and em still gatter tomorrow nah double opportunities. Some people dey fear say as Bitcoin drop during the dip, say e no go high again, but nah I only person wey no sabi the circles of Bitcoin nai dey sell with fear and lose. I agree say the main reason why we dey hold for long nah because say we win make big profits.
jr. member
Activity: 56
Merit: 32
May 04, 2024, 01:51:19 PM
#24
Any how Sha make every body dey on guard because anything fit happen but no go rush sell your Coin especially if you been buy when the price been dey up because the price go still go up again so na to just dey patient small no go sell now wey price don come down and you go loose money.

Na true na this time no be the time to sell at all because the price still they very down and selling now go results to lost of money especially for people way buy when the price they very high, the thing be say patience na him be the determining factor when it comes to investment because e they obvious say the market no go always move the way we expect am, at times e go come down and sometimes e go move up but one thing way they important is patient, however one of the things way I like about Bitcoin be say no matter how the price go drop reach with time e go surely come back to the normal price and even break am go more further, so I don't think their is need to panic.
sr. member
Activity: 1176
Merit: 279
May 04, 2024, 10:47:18 AM
#23
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.
We shouldn't afford to missed out on golden opportunities, because they're one of the good steps to make and withdrawing free table profits. Bitcoin have been the top project in cryptocurrency and we ought to understand the basic principles guarding the space and ensure we're always making available alternatives in places where our main target fails. Bitcoin have always been the top trends in the market and we should always trade with caution because any slight mistakes made, we are open to receive heavy losses which we basically will not entertain.
full member
Activity: 420
Merit: 152
May 04, 2024, 09:37:12 AM
#22
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.

Anyone who sells bitcoin at a loss does so for one of two reasons, first, he is afraid of losing his fund and anyone who is afraid of losing hasn't gained enough knowledge about bitcoin yet, he just try to buy since is hearing that if you invest you will profitable, so he decided to sell it at a loss so that he won't lose everything. Second, he may be an emergency, and he doesn't have another way to solve the problem, so he will try to sell bitcoin at a loss or profit to solve the problem. Bitcoin is an excellent investment and if you know much about it, you will never want to leave your wallet empty without investing in bitcoin. If you read about bitcoin carefully, you will notice that if you want to be profitable on it you should just make a long-term investment and you will never regret it because if you invest in it and leave it for two to three years without touching it, you will definitely see a difference. even if it is not a large profit, you will be profitable, which is why bitcoin will continue to be the leader among all coins.
newbie
Activity: 0
Merit: 0
May 04, 2024, 07:15:09 AM
#21
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.
Investors who sold in DIPs surrendered their investment strategy due to panic. They failed to execute their strategy perfectly even though they needed to sell at a higher price. They should be needed to continue longer to get the desired exposures. Holding continuously during bear markets guarantees your profit for the future BTC is only a long term investment.
newbie
Activity: 28
Merit: 1
May 04, 2024, 05:30:31 AM
#20
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.
newbie
Activity: 0
Merit: 0
May 04, 2024, 04:55:05 AM
#19
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.
full member
Activity: 294
Merit: 229
Let love lead
May 04, 2024, 02:08:35 AM
#18
First of all people need to understand that's there is no guarantee of bullrun immediately post halving as some are in this illusion and they need to set their expectations right that there may be even further fluctuations and Bitcoin may dip even further it's the testing phase so we need to hold on your our assets else we will end up as a loser if we sell at low. People just need to avoid the funds and stop checking price every minutes atleast till bull run.

This is the reason while I always say  this space is only for the patient ones. Cypto can remain unpredicted after using all fundamental analysis. This is while traders still lose some trades even after enough study of the market movement. Bullrun can come anytime soon, so it is advisable for one to just hold on to his bags.
Definitely, its never for the impatient ones because the price of BTC is really so unpredictable, all you can do is just wait for the bull run to commence, no matter how long it chooses to take, all we must do is wait and continue waiting until its with us. I noticed some upward trend in the price of btc after the recent dip, its increased by almost 6% in the last 24 hours. Personally I don't feel too happy if the bull run has started already, I was thinking its going it takes some more time cos I'm not done with my accumulation target before the bull run Cool.
I want more gains, but it seems the bull run is  robbing me gently, but what can we do than embrace it fully if its finally here.
full member
Activity: 588
Merit: 119
Epsiloan Protocol
May 03, 2024, 07:46:09 PM
#17
First of all people need to understand that's there is no guarantee of bullrun immediately post halving as some are in this illusion and they need to set their expectations right that there may be even further fluctuations and Bitcoin may dip even further it's the testing phase so we need to hold on your our assets else we will end up as a loser if we sell at low. People just need to avoid the funds and stop checking price every minutes atleast till bull run.

This is the reason while I always say  this space is only for the patient ones. Cypto can remain unpredicted after using all fundamental analysis. This is while traders still lose some trades even after enough study of the market movement. Bullrun can come anytime soon, so it is advisable for one to just hold on to his bags.
full member
Activity: 266
Merit: 119
Keep Promises !
April 28, 2024, 03:13:58 PM
#16
From my observation many newbies de expect bull run to start immediately after halving, but as e no come happen like that, many of dem come de panic, unto say price fit continue to de dip and dem go wan sale di Bitcoin wey dem de hodl. Dis na my first halving experience and I don carry out research to understand say bull run no de happen immediately after halving, e go take some months before e go start. So infact na opportunity to de accumulate if person get di money, as di price still de dip, because for di peak of bull run na correct ROI de await di patient investors.
Buying the dip has always beena opportunity  to accumulate  more at lesser price for Investors and I will consider it a double opportunity  for Accumulators who uses the DCA strategy for buying bitcoin.
I guess many alot of individuals  who are still new  are now panicking  because  they were expecting  and immediate pump just as they've  heard from medias and analyst  they might definitely  end selling Kinloss and when the time profit comes entry might be too late then ...
Note that does not mean an investment  shouldn't have an exit limit but that would be another day for Bitcoin  as its  not just an ordinary  coin which can just crash , dump just like other altcoins, there will surely  be a ROI just have faith
Keep holding mates
member
Activity: 378
Merit: 76
Eloncoin.org - Mars, here we come!
April 27, 2024, 06:12:13 PM
#15
First of all people need to understand that's there is no guarantee of bullrun immediately post halving as some are in this illusion and they need to set their expectations right that there may be even further fluctuations and Bitcoin may dip even further it's the testing phase so we need to hold on your our assets else we will end up as a loser if we sell at low. People just need to avoid the funds and stop checking price every minutes atleast till bull run.
I've finalized my decision, Crypto is not for the weak and it takes only the strong to survived this space. Always pushing forward for strong connection and hoping for progressive measures. I know it's not easy but some decisions are worth our energy. The halving was overhyped as it'd been expected to be. I'm learning every single incident that happen in the market and we should acknowledge the fact that Cryptocurrency is risky and having the best results this season.
hero member
Activity: 1540
Merit: 564
Eloncoin.org - Mars, here we come!
April 27, 2024, 04:22:13 PM
#14
First of all people need to understand that's there is no guarantee of bullrun immediately post halving as some are in this illusion and they need to set their expectations right that there may be even further fluctuations and Bitcoin may dip even further it's the testing phase so we need to hold on your our assets else we will end up as a loser if we sell at low. People just need to avoid the funds and stop checking price every minutes atleast till bull run.
full member
Activity: 364
Merit: 220
Eloncoin.org - Mars, here we come!
April 27, 2024, 03:51:55 PM
#13
From my observation many newbies de expect bull run to start immediately after halving, but as e no come happen like that, many of dem come de panic, unto say price fit continue to de dip and dem go wan sale di Bitcoin wey dem de hodl. Dis na my first halving experience and I don carry out research to understand say bull run no de happen immediately after halving, e go take some months before e go start. So infact na opportunity to de accumulate if person get di money, as di price still de dip, because for di peak of bull run na correct ROI de await di patient investors.
full member
Activity: 266
Merit: 119
Keep Promises !
April 27, 2024, 02:32:40 PM
#12
Almost forgot to add LFC_Bitcoin  speculation ....
I bolded the main point in his post

Bitcoin has so far shown close symmetry through its four year halving cycles. That may not continue forever but whilst the miners block reward is still quite significant, I think that halving it will continue to cause supply shock which will reflect in the price.



I mean for example, as we head to 2040, that type of supply halving may not cause as much of a price rise as the 2024 halving will have.

I certainly believe that for at least another three cycles we will see history repeat and significant all time highs will happen 12-18 months after the halving.

Eventually the halving will have less of an effect on the price, Bitcoin will be a more mature asset and less volatile.
Embrace the volatility whilst it is here though, it is your friend, if you know what you’re doing.
full member
Activity: 364
Merit: 154
April 25, 2024, 05:54:32 PM
#11
This is 2024 It's  seem we had some early bull which was before the halving and even gave us new ATH  but we are yet to see our  bull run that was too early for a bull run maybe
If you check the past halvings and bullrun, you will notice that this time is still too early for bullrun to begin. Although, we can not say it is too early because the bull run can begin at anytime but with previous ones, it is still early. Bullrun can begin after many weeks or some months after halving but it is not even yet more than a week before the last halving which occured 5 days ago.

Exactly, is still too early for bull run to begin . Base on the previous halvings in normally takes months or weeks before the bull run go start . The now say bitcoin dey in a point of dip or increase in price, that's why it's moving to afro from the range of $60k. This year bullish trend dey one kind (like the bull trend really strong) because normally bitcoin for dun experience massive dip before the main bull run but instead it's moving from the range of $60k . But if bitcoin manage to pass $80k e dun finish be that it's let stop will be $100k

While if Bitcoin dip below $58k , just know say buying the dip dun initiate be that because e go further dip and many low coiners and those wey miss out due some certain reason go happy because they have been given another opportunity to tag in , in this gopden opportunity in investing in Bitcoin.

Keep holding in time and you will in time surely get to that point of your expectations be you short term Investors

That's the goal mate  ,to keep buying and holding . And just hope for the best   Grin I thought last year that calling this year and last the year of greens was over exaggerating . After seeing Bitcoin performance this year shows that this year and next year is truly the year of greens tho we can't tell but still There's no harm in hoping for the best  Cool
full member
Activity: 308
Merit: 143
April 25, 2024, 05:53:55 PM
#10
The Bitcoin halving is not projected to be the only time Investors can be proud of their holdings to say they have made profits.

Imagine Investors who bought around august 2023 during when Bitcoin price was within $25K-$26K and they hodled til we realized the last ATH $76K, I guess that is also a good count of profitablity which short terms investors can be good to sell their coins.

Indeed long term Investors would always be separated from the short term Investors by differential of panicking emotions to quick selling off their coins due to market sentiments.

If any who's in haste to selling off their Coins at this point of time should be blamed, then it should be those newly investors who bumped into the Bitcoin industry as at the halving with the analysis that the all expecting bull-run would come immediately after the halving probably they felt based on the speculations that the right time to o make it very big by the bull would be around the corner. So, it is as much advisable to say... Do not panic neither be sentimental or quick to the sell of your funds even if you have made profits or you are counting losses.
Keep holding in time and you will in time surely get to that point of your expectations be you short term Investors.
hero member
Activity: 616
Merit: 509
Top Crypto Casino
April 25, 2024, 04:07:03 PM
#9
This is 2024 It's  seem we had some early bull which was before the halving and even gave us new ATH  but we are yet to see our  bull run that was too early for a bull run maybe... Not taking to hard, our bull run might not follow the previous  halving  pattern we might even have a early bull run, even  any moment from now  so my give out will be
Keep your holdings and Don't sell in loss

In my opinion, I don't think what he have tasted can regarded as bull run but I know for sure that we are not in bear market, this is just pre hype of the market. I checked the previous bull run and some of the coins that pick up up before the main Bitcoin halving, many coins like Theta did 20x and even Cardano had a lot of pump before the halving but I think the crash that happened last year isn't given some people the trust to come back again.

We may see a big boom in the altcoins market but I'm not sure much about Bitcoin, the price looking to expensive for the price to double and people are not looking to see much return on investment on Bitcoin like before. I think from this price, we should expect a max pump of 5x from this place before 2025.

One thing am certain is that no matter what happens, Bitcoin nai be the coin wey me I sabi as I no dey for anything wey concise altcoins although me I support say the price of some altcoins go pump oo but I no know wether you don even see the way the market dey be with altcoins project, because na two two seconds the thing dey take pump and then drop and Incase you come go buy enter mumu coins na be say ma brother your own na otilo.
full member
Activity: 238
Merit: 152
Duelbits.com
April 25, 2024, 03:55:59 PM
#8
OP you have a good speculation as it regards the price of Bitcoin all through the period of various halving to this present o e we are experiencing and the breaking through of new ATH a d aswell the Bull run that follows and very importantly which you did mentioned is in the current aspect of Bitcoin seeming to introduce what looks like a different pattern from the regular because the early bull run actually caused a whole lot of panic in the market and some persons for some moments weren't decisive enough and the fact that Bitcoin is now maintain its price around the $60k resistance and not seeming to break far below may actually be that it may break a much bigger ATH by the next bull run.

Any how Sha make every body dey on guard because anything fit happen but no go rush sell your Coin especially if you been buy when the price been dey up because the price go still go up again so na to just dey patient small no go sell now wey price don come down and you go loose money.
sr. member
Activity: 294
Merit: 267
April 25, 2024, 03:11:22 PM
#7
This is 2024 It's  seem we had some early bull which was before the halving and even gave us new ATH  but we are yet to see our  bull run that was too early for a bull run maybe... Not taking to hard, our bull run might not follow the previous  halving  pattern we might even have a early bull run, even  any moment from now  so my give out will be
Keep your holdings and Don't sell in loss

In my opinion, I don't think what he have tasted can regarded as bull run but I know for sure that we are not in bear market, this is just pre hype of the market. I checked the previous bull run and some of the coins that pick up up before the main Bitcoin halving, many coins like Theta did 20x and even Cardano had a lot of pump before the halving but I think the crash that happened last year isn't given some people the trust to come back again.

We may see a big boom in the altcoins market but I'm not sure much about Bitcoin, the price looking to expensive for the price to double and people are not looking to see much return on investment on Bitcoin like before. I think from this price, we should expect a max pump of 5x from this place before 2025.
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