Hodl your Bitcoin, don't panic and sale during this dip.

Promocodeudo

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Quote from: Doan9269 on June 24, 2024, 12:38:31 PM

If you have invested and after that, the market go dip, all you have to do is to hodl, no fear and no panic, you're holding because you're waiting for the required time needed for your investment to mature and the market pumps and you becomes profitable in your investment, but if you let fear hold on you and sell, you may have to discover that immediately after your selling at dip was when the market bounces and rise higher, it isa also important that we should make bitcoin our first priority of investment in such a way that we don't have to fear as long as we have our investment in bitcoin instead of altcoins.

Although it very difficult to hodl when the market continue dipping but it is what we have decided to do and we must do it to the end, panicking during Bitcoin dip is only for those people that does not understand the market, investment should be a plan in other not to be done halfway, once you understand that dip season give you the opportunity and the courage to invest more, every investment experience dontrend which is the time for such investment to face one problem or the other due to either fluntuations and market correction but this should not prevent us from doing the needful.

Dip sellers are referred to premature sellers that sees Bitcoin as a quick means of wealth, every bitcoiner thats knowlegaeable understands thats every event in Bitcoin doesn't stay for a long time because of volatility, for me panic shouldn't be entertained as an intending and new investor, at all time irrespective of the market situation, every bitcoiner should be optimistic.

laijsica

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As a new bitcoin investor your insight is really appreciated. Your considerations and holdings in the field of investment are to get high profits for you. To make your investment successful you need to be more focused like increasing your source of income and continuing the regular weekly or monthly DCA method with a portion of disposable income. You should also keep in mind that the more you have floating cash, the more you will increase your bitcoin stashing, which will increase in size over a longer period of time and result in higher profits. You should not withdraw your stash as the price of Bitcoin increases, which can deprive you of high profits. Aggressive buying trend is going to be more positive as you can in the downtrend of Bitcoin which is the size of the Bitcoin pile is very large in short time circle.

Egii Nna

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Quote from: Ishicryptic on June 24, 2024, 12:32:58 PM

I am quite new in Bitcoin investment and when I started to buy and hodl it, I was looking forward to an early bull run where I will see my capital and profit increase tremendously. The ATH price before the halving made me to think that there will not be any price dip into the bull run but reverse is the case today. Price has dipped to $60,604 as I'm typing now, and I'm tempted to sale my BTC before it dips further. It is not easy for me to watch it reducing in price on the Blockchain.

But thanks to my research about how Bitcoin works and the comments from experienced forum members that bull run doesn't start immediately after halving. I will not panic and sale now, I will keep buying in my DCA method and patiently hodl till price starts to skyrocket into the bull run.

My advice to every new Bitcoin investor that wants to make profit in the bull run is not to panic and sale because of the dip that we are experiencing now. They should hodl and wait for the bull run.

You have a nice idea, and if you can view it well, you got the idea of patience due to your research, and if without this research that you will do, you will end up selling all your investment at a loss, and it will be based on ignorance, as experienced people always said that patience dog eats the biggest bone. This only explains what you can achieve with only patience, and that is what many find hard to understand because they feel like if they believe in that, they will end up losing all that they have worked for, or this might be because of two factors: lack of patience and lack of knowledge, which can be considered when they have low activity in research, so all this can make you lose.

Abbatty

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Quote from: Ishicryptic on June 24, 2024, 12:32:58 PM

I am quite new in Bitcoin investment and when I started to buy and hodl it, I was looking forward to an early bull run where I will see my capital and profit increase tremendously. The ATH price before the halving made me to think that there will not be any price dip into the bull run but reverse is the case today. Price has dipped to $60,604 as I'm typing now, and I'm tempted to sale my BTC before it dips further. It is not easy for me to watch it reducing in price on the Blockchain.

But thanks to my research about how Bitcoin works and the comments from experienced forum members that bull run doesn't start immediately after halving. I will not panic and sale now, I will keep buying in my DCA method and patiently hodl till price starts to skyrocket into the bull run.

My advice to every new Bitcoin investor that wants to make profit in the bull run is not to panic and sale because of the dip that we are experiencing now. They should hodl and wait for the bull run.

That is what everyone thinks at the beginning always all about profit and never thinking the market also has its bad turn at times and as a beginner when the market shows it’s bad side and there is a dip in price you will be tempted to sell so they don’t lose more of their money. Understanding bitcoin volatility means you need to be ready for whatever challenges it throws at you, you will be pushed to the limit but you need to be strong and be able to resist the temptation sell.

During bear periods instead of panic selling your bitcoins you should rather take advantage of the opportunity of buying more bitcoins at a lower price. Bull run is around the corner so if you panic and sell it will be your loss.

Mate2237

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Base on my started day or the day I started the journey of bitcoin investment I have not seen dip now. And I will start the dip from $40,000 and below then that is the dip because in 2023 when bitcoin hit $40,000 up then people started to say that bitcoin had started it Bull Run and really that was what happened. Therefore I don't believe that we are in the dip. Though it is foe some investors because everyone invested in different time. And if the investors are for long term investment then there is no need to panic and just wait for the year you are planning to sell them.

And another thing be say we need to be calculative with our local currency.

Mr.suevie

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If you are well acquainted with the whole system of Bitcoin, then you would know that Bitcoin is something that always trending upward even when you experience losses some times, the need to panic is actually not needed because as a good investor and long term holder the dip is the best time to actually buy more Bitcoin and hold it.

Juicyhome

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Quote from: CryptopreneurBrainboss on June 28, 2024, 05:36:59 PM

Quote from: Ishicryptic on June 24, 2024, 12:32:58 PM

But thanks to my research about how Bitcoin works and the comments from experienced forum members that bull run doesn't start immediately after halving. I will not panic and sale now, I will keep buying in my DCA method and patiently hodl till price starts to skyrocket into the bull run.

This na why to dey do some findings before you begin dey put money for wetin you dey new to go well, Person wey ask questions no dey loss na so our elders dem talk and no be lie. As you seek advice from people wey dey here before you na so you dun get the secret of how things dey work for this industry. You are at lost anytime wey you sell If you no get wetin important to do with that money and na panic dey cause the selling, you no need dey fear because all those wey dun fear in the past na dem dey wish say dem no fall for the fud wey the market been dey get.

Quote

My advice to every new Bitcoin investor that wants to make profit in the bull run is not to panic and sale because of the dip that we are experiencing now. They should hodl and wait for the bull run.

Na the advice be dat wey matter pass because na who sell na him lose, Bitcoin new ATH dey inevitable but the market go wan make your fear but make you no panic. Maintain maximum composure because everything wey dey happen so dun happen before and na only one way na so the market go end wey be to go up. After all the gragra price go still stabilized but by that time you fit no dey fast enough to buy so na now be the perfect time to position yourself in a good position wey be say e go benefit you when market start dey sweet.

@brainboss, you sabi the way, you don talk wetin enter my heart, Bitcoin ATH really dey inevitable. Na we way be new for the system need follow ur advice, bcos we panic too much anytime price go down, e come be like say we do bad thing to invest in it. But wen we withdraw and e later goes up, we come dey vex and regret why we bin withdraw wen the price be dey down. But as experienced person you be, I no go ever withdraw again, even if price go down.

CryptopreneurBrainboss

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Quote from: Ishicryptic on June 24, 2024, 12:32:58 PM

But thanks to my research about how Bitcoin works and the comments from experienced forum members that bull run doesn't start immediately after halving. I will not panic and sale now, I will keep buying in my DCA method and patiently hodl till price starts to skyrocket into the bull run.

This na why to dey do some findings before you begin dey put money for wetin you dey new to go well, Person wey ask questions no dey loss na so our elders dem talk and no be lie. As you seek advice from people wey dey here before you na so you dun get the secret of how things dey work for this industry. You are at lost anytime wey you sell If you no get wetin important to do with that money and na panic dey cause the selling, you no need dey fear because all those wey dun fear in the past na dem dey wish say dem no fall for the fud wey the market been dey get.

Quote

My advice to every new Bitcoin investor that wants to make profit in the bull run is not to panic and sale because of the dip that we are experiencing now. They should hodl and wait for the bull run.

Na the advice be dat wey matter pass because na who sell na him lose, Bitcoin new ATH dey inevitable but the market go wan make your fear but make you no panic. Maintain maximum composure because everything wey dey happen so dun happen before and na only one way na so the market go end wey be to go up. After all the gragra price go still stabilized but by that time you fit no dey fast enough to buy so na now be the perfect time to position yourself in a good position wey be say e go benefit you when market start dey sweet.

I_Anime

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Quote from: Ishicryptic on June 24, 2024, 12:32:58 PM

I am quite new in Bitcoin investment and when I started to buy and hodl it, I was looking forward to an early bull run where I will see my capital and profit increase tremendously. The ATH price before the halving made me to think that there will not be any price dip into the bull run but reverse is the case today. Price has dipped to $60,604 as I'm typing now, and I'm tempted to sale my BTC before it dips further. It is not easy for me to watch it reducing in price on the Blockchain.

But thanks to my research about how Bitcoin works and the comments from experienced forum members that bull run doesn't start immediately after halving. I will not panic and sale now, I will keep buying in my DCA method and patiently hodl till price starts to skyrocket into the bull run.

My advice to every new Bitcoin investor that wants to make profit in the bull run is not to panic and sale because of the dip that we are experiencing now. They should hodl and wait for the bull run.

well normally it is painful seeing your asset (bitcoin) value going down but still there`s no need for any panicking, instead we should focus on buying more because the number of stashes will determine our profit when the surging in prices begins, so aslong is bitcoin yah hodl the chances of it bouncing back is pretty high.

And beside bitcoin investment is not a get rich quick scheme , so we can`t just expect the price to start rising, is surely going to experience alot of up and down movement. and alot of folks emotions will be put to test, and alot may end up selling their coin in loss due to selling it during the dip. so in bitcoin investment we should not always be in a hurry to make rash decisions that may end up affecting us negatively

DaNNy001

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Quote from: Fiasem20 on June 26, 2024, 05:41:48 PM

Bitcoin investment no be get quick rich scheme investment so anybody wey wan invest in Bitcoin suppose get goal of achieving profitable returns in the long run.When Bitcoin price dip no be time to complain or panic to sale rather na time to take advantage of the dip by accumulating more BTC into your portfolio with consistent DCAing.E get the way Bitcoin price fit dip even if you panic to sale na loss because your Investing goal no go accomplish las las.Nai make emergency fund dey important when you dey invest in Bitcoin.

The thing is that to panic is actually a normal phenomenon but the only difference you make when Panicking is actually how you compose yourself and manage the feelings, so many people actually get to tackle this the wrong way by actually rushing to sell off their coins maybe due to the fact that they actually don't understand that the Dip is actually one of the most important periods in Bitcoin investment because it's the particular period when people get to get higher value of lower at lower price which is something that doesn't come around so easily well that's if you are the long term holder ofcourse.

rachael9385

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Quote from: Fiasem20 on June 26, 2024, 05:41:48 PM

Bitcoin investment no be get quick rich scheme investment so anybody wey wan invest in Bitcoin suppose get goal of achieving profitable returns in the long run.When Bitcoin price dip no be time to complain or panic to sale rather na time to take advantage of the dip by accumulating more BTC into your portfolio with consistent DCAing.E get the way Bitcoin price fit dip even if you panic to sale na loss because your Investing goal no go accomplish las las.Nai make emergency fund dey important when you dey invest in Bitcoin.

Normally Bitcoin no be something wey go make person rich all of a sudden. As a crypto newbie, you no need to plan on how you go take rich over night from crypto currency (Bitcoin) the important things wey a good crypto newbie need to do, nah how to gain crypto knowledge first and how em go take dey buy Bitcoin, and know different strategies then also choose the best strategy wey go good for am as em dey invest.

If the plan wey a crypto newbie get nah how em go take rich over night, anytime when Bitcoin go dip em go panic and e fit also make am sell the whole coins wey em don manage save because em fit feel am say Bitcoin no dey give am watin em need the way em want am. This thread go make any crypto newbie to understand the why them no suppose to think say Bitcoin nah get rich quick scheme project.

Baki202

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Quote from: Franctoshi on June 27, 2024, 09:46:53 AM

Bitcoin is a digital asset investment just like real estate and Gold, you don't buy Bitcoin today and hope to cash out tomorrow, don't investment with the money you would be needing tomorrow because these are reason why people tend to sell when there is a sell pressure or market and plus the fact that people don't have long term target, because if you really do, you wouldn't be by the short term volatility of Bitcoin and become a, patient is one key thing to surviving in this market.

One of its kind for that matter because anything digital assets na from bitcoin the thing start. Then other assets come start they come up, bitcoin na bitcoin be the whole initiative. Now they have digital gold and many more projects, and if you cashing out then you go ready to pay better price because you no go just cash if you no get the idea and if you no get money no be for you to be that. The purpose of buying na to make money. People wey wan make money no go rush sell their assets na why you need to get idea before you start anything no start because people they do, na one of the mistakes people they make be that. Them no they wan learn before they invest.

Obim34

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Quote from: Franctoshi on June 27, 2024, 09:46:53 AM

Bitcoin is a digital asset investment just like real estate and Gold, you don't buy Bitcoin today and hope to cash out tomorrow, don't investment with the money you would be needing tomorrow because these are reason why people tend to sell when there is a sell pressure or market and plus the fact that people don't have long term target, because if you really do, you wouldn't be by the short term volatility of Bitcoin and become a, patient is one key thing to surviving in this market.

I hope more newbies finds this thread and learn from it, instead of being compelled to sell when the market DIPs they should be inspired to accumulate more into their portfolio. From what I know Bitcoin is not a get rich quick scheme, one might get profits from the start and in no time the price of his assets devalue, it's all about market volatility, having this basic knowledge will save a lot of investors who are yet not conversant with the system.

Franctoshi

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Bitcoin is a digital asset investment just like real estate and Gold, you don't buy Bitcoin today and hope to cash out tomorrow, don't investment with the money you would be needing tomorrow because these are reason why people tend to sell when there is a sell pressure or market and plus the fact that people don't have long term target, because if you really do, you wouldn't be by the short term volatility of Bitcoin and become a, patient is one key thing to surviving in this market.

Kliss

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HODL your Bitcoin, stay calm and don't let market fluctuations dictate your decisions. During a bull run doesn't mean a continuous upward trajectory dips are natural and temporary. Whales may be holding back, but that doesn't mean the market is bearish. Historical data shows Bitcoin's price has always been volatile, with ups and downs. It's totally understandable to feel uneasy when you see the price diping, especially after experiencing an upward moves but Don't panic sell the dip is not a threat, but an opportunity to accumulate more Bitcoin at a lower price. It is important to have a long-term perspective and a well thought out strategy in Bitcoin investment. By viewing dips as opportunities for accumulation if the funds are available, rather than panicking and stopping investments, one can take advantage of lower prices (buy during Dip) or use a DCA strategy to keep accumulating and trust in the long term potential of Bitcoin to build a stronger portfolio.

Zigabel

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The current dip we are experiencing in the bitcoin market currently is such that we should know that it was necessary because it was yet a bull run and in the halving a ATH was created so we should be expecting that it was definitely going make corrections as such moves were only but impulsive and for such moves in every market both the crypto and financial market, corrections are bound to take place later after the impulsive move upwards. This isn't a time for a panic sell rather its a time to add to positions if you have got the financial capacity to do so but if you don't it will be best to just stay with you current portfolio and not to rushing to wanting got sell at loss as this deep may not last long enough before the bull may set in and we are going to profit for all the losses we have experienced from this bear we are currently experiencing.

Ishicryptic

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Quote from: Fiasem20 on June 26, 2024, 05:41:48 PM

Bitcoin investment no be get quick rich scheme investment so anybody wey wan invest in Bitcoin suppose get goal of achieving profitable returns in the long run.When Bitcoin price dip no be time to complain or panic to sale rather na time to take advantage of the dip by accumulating more BTC into your portfolio with consistent DCAing.E get the way Bitcoin price fit dip even if you panic to sale na loss because your Investing goal no go accomplish las las.Nai make emergency fund dey important when you dey invest in Bitcoin.

Bitcoin investment is not a get rich quick scheme and the sooner any investor understands this, it will help him or her to have the goal of hodling for long term. The need for a stable source of income is very important for anybody that is investing in Bitcoin, so that when they begin to see price dip, it will not tempt them to sale and use the money for their pressing needs, with emergency funds on ground there will be capital on ground to spend for emergency expenses instead of selling Bitcoin at a lose during price dip. Bitcoin is volatile and demand and supply determines it's price, but it's historical pattern has shown that the price always reaches new ATH on the long term so hodl and don't panic to sale during price dip.

Fiasem20

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Bitcoin investment no be get quick rich scheme investment so anybody wey wan invest in Bitcoin suppose get goal of achieving profitable returns in the long run.When Bitcoin price dip no be time to complain or panic to sale rather na time to take advantage of the dip by accumulating more BTC into your portfolio with consistent DCAing.E get the way Bitcoin price fit dip even if you panic to sale na loss because your Investing goal no go accomplish las las.Nai make emergency fund dey important when you dey invest in Bitcoin.

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Quote from: Ishicryptic on June 24, 2024, 12:32:58 PM

It is not easy for me to watch it reducing in price on the Blockchain.

"If wishes were horses, beggars would ride". Omo if people na magician or you fit predict the future, yourself for don cash out and collect that profit before this fall begin happen oo. Na so some people also dey think, so no be only you bro and that is the way the market be. But no too worry, the thing be like the wave current from the beach, if e go inside it will flow out again. Therefore, na time to prepare for the coming back and what you need to do na to buy more and keep because it will surely flow out again for this season if not this year.

Quote from: Ishicryptic on June 24, 2024, 12:32:58 PM

But thanks to my research about how Bitcoin works and the comments from experienced forum members that bull run doesn't start immediately after halving. I will not panic and sale now, I will keep buying in my DCA method and patiently hodl till price starts to skyrocket into the bull run.

Exactly the point. Na time for investment and not to panic sell because if you do that you are definitely selling blow potential and best profit if you can hold on a little more.

Juicyhome

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Quote from: Ishicryptic on June 24, 2024, 12:32:58 PM

I am quite new in Bitcoin investment and when I started to buy and hodl it, I was looking forward to an early bull run where I will see my capital and profit increase tremendously. The ATH price before the halving made me to think that there will not be any price dip into the bull run but reverse is the case today. Price has dipped to $60,604 as I'm typing now, and I'm tempted to sale my BTC before it dips further. It is not easy for me to watch it reducing in price on the Blockchain.

But thanks to my research about how Bitcoin works and the comments from experienced forum members that bull run doesn't start immediately after halving. I will not panic and sale now, I will keep buying in my DCA method and patiently hodl till price starts to skyrocket into the bull run.

My advice to every new Bitcoin investor that wants to make profit in the bull run is not to panic and sale because of the dip that we are experiencing now. They should hodl and wait for the bull run.

OP, this is a good one, is good to have a good testimonial to encourage others to hold some coins, that's the only way to get rich in the crypto world, daily trading is good but can't be compared to when you hold for long and it's market price skyrocket, just like those that invested in Bitcoin in 2020,when the market was bearish and hold till date, that the market is bullish, they are all millionaires today, that's the beauty of hold for long. But holding is good when you are not in haste to make use of the investment money, if you need quick money, then go for daily trading, holding for for future millionaires

Topic: Hodl your Bitcoin, don't panic and sale during this dip. (Read 264 times)