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

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.

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.

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.

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.

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.

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.

@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.

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.


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.

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

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.

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.

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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.

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.

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.

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.

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.

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.

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.

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.

"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.


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.

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

You don't need to feels so worried many of you have invested when price was around $73k hoping that the price would moved to $80k or $100k to take profits and wait for the bull rally but unfortunately the price didn't go as planned where it now dipping above expectations.

Do not be afraid if you already in for long term investment then it's advisable to stay clear from your investment and only target your maturity period instead of to constantly visit your wallet or where you store your investment, sometimes it's very discouraging to make investment and sit down watching your investment sinking from what you invest to lower than what you expected.

At this point I will tell you that is reading this post not to get tension over the price, it's gradually and price doesn't remaining stable that is why when holding bitcoin if you aren't ready then you can sell to stable coin after which the price is dip enough you could likely buy back and hold enough volume when it extremely low or you can always apply DCA to increase your holdings.

Always cheer up price are always manipulatives it must not remain stable, that is why they said it so volatile in a way that you can lose whatever amount you invested but to have them back you need to exercise patient till it bounces back.

Its very important people understand that bitcoin investment should be done with spare funds, it helps reduce pressure on them when the  price dips, facilitates holding since you're not needing the funds anytime soon, thereby giving you good gains in the long run, instead of possible loses when you panic sale.

The dip is a good thing, especially to me. I had the liberty of increasing my portfolio at a cheaper price. Instead of complaining and panicking on the dips, let's take advantage of it and purchase bitcoin at a cooler price and maximize our gains in the coming  bull run.

What were you told about Bitcoin that made you to invest in it and what do you plan to achieve? I'm asking because if you know why you got involved and what you want to achieve, it will help your decision making and your level of confidence. Many people came to Bitcoin because they were told that they will become rich within a short time, so their intention is to invest as much as they can lay their hands on so that the profit will be massive. Some go ahead to take loans or use their entire life savings with the intention that they will make the profit within few days or weeks. If after buying Bitcoin refuses to rise so rapidly, most of them will be depressed and some will sell at a loss thinking they want to avoid losing everything. I guess that is what is happening to you.

The moment you start thinking long term, such as holding even beyond the this season, then most of the worries and panic will disappear. This way you can set 5 to 10 years target, applying the DCA method diligently and making sure that emergency funds are kept to prevent the need for unplanned liquidation.

I know it is important to have a good knowledge of the investment one wants to start so that he or she will know if the investment is worth going into. But when it comes to bitcoin investment, you don't necessarily need to have good knowledge about bitcoin before you can start it. What should be your major concern in bitcoin investment is knowing about your finances and whether you will have discretionary funds that will allow you to invest in bitcoin. You should also know that bitcoin investment is not quick-to-get-rich, so you can invest what you can afford to lose or do without for a long time. As time goes on, you can start learning about bitcoin.

All what I can say to you now is that we should be expecting more of the dip right now even below $60k, when you invest into any asset do likewise expect a negative scenario to set in probably within an interval in same manner you'll set your mind towards the positive side, because what I do grasp from some of these newbies investors is that they think bitcoin price just after the halving will only be in the uptrend.

Some of you targeted the halving period to invest in order to profit in the bull run without knowing much about what could possibly happen in the reverse scenario based on previous circle history prior to that bull run. And now with the dip taking a center stage right now a lot of FUDs envelops... Ordinary for those of us with the indepth knowledge, a dip of this moment where we are in expectant of the bull run is an opportunity to increase our portfolio at a good price.

It is true that the mindset that a Bitcoin investor has before entering the investment will determine when the person will sale, if an investor has a short term plan for his investment and he sees the price is continuously in dip, he can panic and sale before his target time frame. But an investor that has a mindset for long term investment will not panic and sale when he sees continuous price dip because he knows that it will be a matter of time for price correction and it will begin to surge. It is very important for everybody that wants to invest in Bitcoin to research and ask questions from experienced hodlers before coming into the market to avoid panic when they begin to experience price dip. It is better to buy Bitcoin during price dip instead of selling, that is why it is more favorable to long term investors because they can wait for price to skyrocket.

When you invest in bitcoin for short-term profit, you will likely end up selling your bitcoin investment if you don't see the profit you were expecting in the short term and if the bitcoin price dips. This is a common mistake most newbies make when they are starting their bitcoin investment. Bitcoin is a long-term investment, so you should invest what you can afford to lose so that when there is a dip in the bitcoin price, you will not be worried or want to sell your bitcoin even when you are at a loss to survive. But when you are investing in bitcoin for the long term, you will not be worried because you will not invest the whole of your money in bitcoin, and you will make provisions for emergency funds, reserve funds, and floats that will solve any unforeseen problems that may arise. But don't panic about the drops in bitcoin price; it is the nature of bitcoin, and it will start rising again soon. If you have liquidity, you can seize this opportunity to accumulate more bitcoin at a low price before it starts going high again.

Whether people panic or not or whether they sell when the price of Bitcoin dip it won't change anything in Bitcoin and I have come to realize that people who panic alot are those who don't really understand how Bitcoin works. With the little time I have spent in this forum I don't think Bitcoin displacement can move or surprise me and even before now I already know is volatile that is to say that anything is possible but we just need to stay positive cause that's why we are here.

A real investor knows how the market works only newbie investors that could be this tempted and panic over little changes even though some people seems not to bear the lost its advisable to always accept the risk associated with bitcoin investment and when there dip it won't discouraged you to make someone push out their hard earned bitcoin to the whales who are only manipulating the market for their self gain and profit making.

That's how Bitcoin price moves and release out those that sells at loss, moves back again to the initial price thereby bringing in more buyers. Watching closely you could observe that the bull season happens after revolution cycle of 5-6 years which November 2024 is expecting to be completing the cycle.

Everytime has been the best time to grab some quantity for yourself Buddy whether it falls or rises, but only for those that knows the hodl and compounding games. If you know you know.

I'm not concerned about the dip I see the dip as an opportunity to accumulate more Bitcoin, since I started this accumulation journey using the DCA strategy all what I do is accumulating as many Bitcoin as i can and I don't get bothered if there's a dip in Bitcoin some of my follow newbie stop investing or accumulating as soon as there's a dip in Bitcoin and I feel people who stop accumulating when there's a dip really don't know about Bitcoin investment.
And there's one thing I have discovered some people only wait for a dip to happen before they can start accumulating and that is a very wrong approach especially for a newbie like me for me all I did was to gain the basic knowledge about Bitcoin and I started investing using the DCA strategy and I also have a strong emergency, reserves and float funds this funds will help me in the journey and when there a dip I will use my reserve funds to buy more Bitcoin so dip in Bitcoin is an opportunity to accumulate more and not for you to stop because of fear, the fall in Bitcoin price is always for while so one should not panic this has always been right from Bitcoin Creation the rising of the price is always certain so see the dip as an opportunity to accumulate more with less price.

You shouldn’t have invested from onset if you are not able to hold for a very long time. You need to have a changed mindset before you can begin your investment in bitcoin because this is just the beginning of what you’re witnessing. It might dip further or in another case, rise beyond your imagination. You are still a newbie here, don’t panic into selling your bitcoin earlier than it will grow to be profitable. Don’t be tempted, better days await your portfolio when you’ll smile and be glad you didn’t sell at a loss.


The bull run has really made a lot of people to believe that bitcoin is always on the uptrend and it doesn’t necessarily goes down as it is doing now. The enthusiasts of bitcoin will not even bother about this fall in price because they’ve witnessed the ones that are more than this and where able to hold through. I am not expecting much from bitcoin now but I know it will do well in the future and will be on an uptrend at the time we least expect it.

This is the best time to buy more Bitcoin to your stash as the price dips, and not the time to panic and sell. It is a norm for the price of bitcoin to pump and make corrections. This is the reason why it is advisable to only use an amount of money that you will not need for a long time to invest in bitcoin so that whenever a dip comes, it is not your concern. If you use money for important needs or loan to invest in bitcoin, when the dip comes like this, your will panic and sell thinking that the price wl keep dipping and you will run at loss. Invest in long-term with DCA so that you can take advantage of the market opportunities.

Regardless of the DIP in the price of Bitcoin it doesn't mean we ain't in a bull run, being in bull run doesn't really mean that the price will keep skyrocketing to an ATH as it also experiences DIP even in a bull season but it doesn't implies that the DIP will continue.

 From my research I observed that the reasons for the recent DIP in price of Bitcoin is due to the fact that the whales ain't buying much Bitcoin again as every one is just Hodling and we know that there are certain things that influences the market which result to price increase and decrease so there is no need for a panic since it has always been like this in the history of bitcoin price movement so we shouldn't expect the price to keep skyrocketting and to become stable since it isn't a stable coin and due to it's volatility it is meant to fluctuate but keep hodling and don't be affected by the market changes as they are meant to occur occasionally.

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.

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.