Topic: Don't sell in loss - page 3. (Read 643 times)

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.

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.

Almost forgot to add LFC_Bitcoin  speculation ....
I bolded the main point in his post

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.


That's the goal mate  ,to keep buying and holding . And just hope for the best   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  

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.

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.

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.

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.

Bull run does not occur immediately after the halving which should be put into consideration before taking any action of selling because of little dip. It is a norm that bitcoin price fluctuates due to its nature, and the little dip is part of it. The only people that can panic and sell due to small dip, are those who bought bitcoin early this year due to FOMO the bull run, or those who bought when bitcoin price was at 68k and above.

Investors who are long term hodlers willnot panic but wait patiently for the long awaiting bull run to come at the right time. Short term investors who are weak hands might fall for this trap, because some of them might is the money for their important needs to invest when the price increased to 70K, believing it will just keep pumping.

Past experience has kind of created a trend that can be easily learned from after an event like the halving happens, and an investor who is wise knows that there's the time when profit is made from investment, so the best advice is always to HODL and wait for the right moment.

It is frankly too early for the bull run to happen, but it is sure to happen within three to six months after this halving and because Bitcoin has performed well as a currency, more investors who trust the value it has by fulfilling its purpose of being a profitable return on investment opt for it, and that's why it remains number one.

Any investor who have waited until now after the halving and is planning to panic sell is just planning to leave the party when its just getting started. Checking from history, you'll understand that the pump in price doesn't start immediately after the halving, it takes a little while for the markets to feel the scarcity, and the law of demand and supply starts affecting bitcoin price positively.

Its important you hold at least for a year so that you'll get get good profits before selling, if at all you should sell. From researches and observing the bitcoin halving chart properly shows that the ATH is achieved after a year or more of bitcoin halving, so do not lose hope, keep holding and your reward would be massive.

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.

First of all the table it self needs updating, you can fill in that of year 2023 which had a closing price of $42,200 (you can do your research and confirm for an accurate price) and lowest price would be that $16,537.

Now to the main post I think the bull run as always been predicted to come months after the halving, base on past history many predicted the last quarter of the year to kick start it. The reason why they were different speculations later was because of the mini bull run we had that caused even a new all time high this according to many experts is based on the approval of ETF as the institutions went big on buying and it increased the demand that got the price increased.

What I will say do not follow predictions that bitcoin will raise in so so months just have a price target and if it reaches there then take your profits. This requires patience and that’s why from onset the idea was to invest what you can afford to win. Bitcoin might not even follow all the speculations on it but with patience it will definitely come to your profit level

Bitcoin has been  in Dip for some couple of weeks lately  before and even after the long awaited BTC halving, although there were some scenarios of btc losing values to other alts because of the congestion of its mempool leading to high transaction  fee after halving period which also contributed  to more Dip   .
However at this period ,don't be overclouded by your Emotions towards selling your BTC in loss  just because  you aren't  getting  the kind of result you thought you should  because  most people  thought the Bull run will begin immediately  after the halving, even some analyst might have claimed that  but remember  that those were all Speculations  of future event.

Thus, at this period  many alot of long term investors will be separated from short term investors,I hope you aren't  one of them...
Besides reviewing the previous halving there were dips compared to the volatility  of the bitcoin market then ,I made a thread about the review of the halving pattern Check Here

Let's  take a look again,just as I've  posted In the thread



Color code

|   Red:    Halving |

|   Blue:   ATH      |

Those are the keys above add I think the table is self explanatory.

Now lets start our review from 2016,
We started with $434   and we had a low of around $351, well not too  low comparing, now checking  the following  year, we had $966as start which means there had been a bullish market towards the ending of 2016 since its  high was around  $981.
Now when we take a look at the following  same scenario  repeat  itself in 2020 and 2021...

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