Topic: How do you go about realizing gains? If you opt not to, what is your reason? (Read 636 times)

That's because you are holding BTC, holding only works for few prominent coins, not for all. Most alts never recover and you'll likely lose your profits if you keep holding them, it's better to secure profits in such cases.

I know the feeling and I know that there are a lot of people who want to take profit but in reality if you keep your profit then you are going to end up making even more profit and thats a good thing. I believe that it would be important for people to make more and more profit because it makes them feel hyped about it and I think it should be important for them to get a love for bitcoin as well.

I know that we are going to make some profit but if we are just happy with what we have, then we are going to be unhappy when we see what we could have made, so keep holding is better. That's what I do and I have been happy ever since, it's just a smart way of making money by basically doing nothing but just holding bitcoin.

You are right and precisely the power of bitcoin will be far more leveraged when applied to the long term but that does not mean that in the short term people cannot make a profit. At a certain level, how comfortable a person is with the investment choices they make, whether using short-term or long-term patterns. A plan is part of the strategy and it is very necessary and of course there are many ways to make money not only in bitcoin and you have also explained some good methods of making money itself.

Lastly, there are no limitations for anyone making money in Bitcoin, even if that person does not have large financial resources because there are always ways and methods that can be done when someone intends to invest. So take advantage of any opportunity to improve financial capabilities and bitcoin has made a huge impact on most people today and that's why bitcoin is considered the best investment.

We make investment because we want to multiply our money and increase our lifestyle. It doesn't have to be a luxury lifestyle but a better one, more than what we're living at the moment and it depends on our individual lifestyles. We have some individual that stake their coins on exchanges for passive income and they sell those passive gains for profits. To do this you have to send your Bitcoin to exchanges and this isn't a good advise but some individual are still doing it

Those doing this are putting their Bitcoin at risk because when the exchange experience difficulties in the future, stopping withdrawal will be one of the quickest things they'll do and if they don't recovery, your Bitcoin is lost as the exchange shutdown without compensations.

You comprehend long-term assets after reading Halvings, which is smart. In the realm of bitcoin, digital money is pure like beautiful writing. Raw and intense, but founded on information and faith. Like you said, DCA has been used for a long time. Not only the wealthiest can save using it. That's what makes it great? Even with little money or time, you may get into the digital age's treasure. Unlike paper currencies, it shares wealth to more individuals. Investing frequently makes sense regardless of bitcoin price
Every plan has benefits and cons. DCA lets you increase your assets without a lot of money, but the market's instability can affect it. Having trust and clinging on is romantic. Business diversification is also crucial. Waiting for a remedy may not always be the best option, but what if it never comes?

Plans are tools in the end. A trader has multiple ways to make money, like a writer with multiple pens. According to our knowledge, Bitcoin is more than money. An notion, trust in autonomy and decentralisation. Everyone has their own ideas and methods, as you indicated. Combining approaches may be the answer in this vast sea of unknown, even if it goes against logic. Isn't that what makes bitcoin great? Like a story that deviates from the conventional but still engages the reader

Personally, I will go for the long term. Wait for the bull market and see how it goes for me. Others might see the bear market as enemies, on the contrary, it's our friend, why? because during the bear market, it's where we collect and save and accumulate bitcoin because they are quite cheap.

So there goes my advise, just keep on going, your goal should be long term and not short term profits. If you can do DCA then do it, or if you have capital, then buy as money as you can and save it in a wallet that you have control of.

There is no reason one should not realize the gains, I have held coins worth thousands of dollars until they went bust, I know it's probably cause they were shitcoins and story would have been different if it had been BTC/ETH but It's always good idea to take profit. When to sell? No one can tell you, best thing I have come across is DCA all the way out as Poker Player mentioned.



I'd choose stable coins, it's easy to go back to crypto with it than fiat, also most countries impose tax on fiat-crypto conversions and not on crypto-crypto.

There will be different points of view in every situation and only a few people are able to take advantage of opportunities to take advantage.
To become an Investor we have to learn many things and also have to be prepared with all levels of risk that exist, regardless of the time to enter or exit I think we have a different point of view from the knowledge and experience we already have, I think it's not a problem but in investing in crypto, we know all the consequences that we will face and dare to do it is an opportunity to take advantage.

Remaining patient is the best strategy and also believes in the future prospects of the investment choices we have made, no one denies this, if investing in Bitcoin or top coins, of course, being patient is a good choice because all possibilities are positive in the future, but for other investment options I think we should also have many other options.
the point is we have to be observant in seeing and estimating the investment choices we have made for the future.

Within every investment and trading, there is a risk with every step and decision made. There is always the fear of what ifs, like what if I sell now but the price increases right after, I'll definitely feel like I'll miss out on much higher profit than I could've had if I decided to just hold on for it for a bit longer. However, what if you decided to buy back for more profit and catch up on what you missed but the price went down again, what would you do? I'd definitely feel stuck and frustrated if such an unfortunate thing happened to me.

Hence, it is with examples like this that I always remind myself that I need to be able to analyze every possible outcome of my decisions in this system and industry. Moreover, if there is no need for extra money then just hold onto it risking making an impulsive move and losing what I have. While short-term trading is popular to some, it requires a lot of analysis and tolerance for risk and possible outcomes (may it be good or bad), I prefer holding Bitcoin for as much as I can because it offers a more strategic and passive approach in gaining profit.

Those who have adopted this crypto platform as their profession must convert their profit to fiat, and those who have separate sources of income will never convert their profit to fiat but will try to invest more with that profit. No one ever wants to sell his investment or a part of the profit from his investment unless absolutely necessary. And an investor will always make a profit by investing, it is not like that at all, one has to accept that there may be profit and loss and then invest.

Smart investors take a position early on the asset they like without making any noise about it, they simply buy and wait, not precisely a very exciting strategy but if it works then it does not matter if it is a boring strategy, however if the market begins to go down after they bought their coins they do not panic, instead they consider this as a blessing, as if a good asset like bitcoin at 30k was a good buy, then bitcoin at 26k was an even better investment option.

I suppose the best strategy with BTC and other currencies is to hodl no matter what the price is. Now there is a risk of inflation of any currency (dollar, other fiats, btc, other crypto). So there is nearly no cance to save much money by performing fiat to crypto and back transactions in a hurry.  This only brings personal financial instability and loss of money due to transaction fees.

During bearish season what most of us do is to buy more of bitcoin and hold for long times, so the strategies of making profit during bearish it depends on what you venture into, because their is a huge difference between investment of Bitcoin and trading investment, so what I want you to understand in bitcoin is that during a bearish market or season what people who wants profit in bitcoin normally do is to ensure that they buy more of bitcoin and store.

That means you set a long term investment standard for the investment approach taken in bitcoin. Correct me if that's wrong because as I understand you have an accumulation period after Halvings and overall you have accumulated great profits for the previous process of holding bitcoins, of course this is a good step if you are trying to accumulate a large amount of purchases, but when the availability of capital If you have a small one, the profit you get will not be too big either. I mean there is a DCA strategy that you can use as a step to keep collecting and you also don't need to have too much capital every time you want to buy regularly.

This is just a suggestion that maybe I myself also apply and as you said that everyone has their own philosophy and strategy in seeing the investment opportunities that are undertaken. But I think trying to adopt some strategies to give us profit looks better because it will increase the ownership of bitcoin assets that we have. This method is one of the easier approaches to take because we don't need large capital and also don't have to wait for a correct to try to accumulate.

there is only one thing that you newbies must learn and understand , and that is to Keep Holding when there is a turnover .
this will save your asses from losing more and from panicking.
but that is if you are ready and willing to take that step and risk?
if not then best not to continue in crypto because this is a place where you must know how to risk and accept.
i don't know if this is true because if you are in need of money specially in huge amoung? and you invested in crypto? then there is no complete possible way to know when you can gain your profit or if you will truly will.
if you can keep holding , that is trly the risk mate.
in that we will be together , understand the market , learn when to buy and sell.

Mostly people invest in the bear market,because then the  possibility of get back the investment when their was in huge need.If you inverse the money saved from the income, then you can hold it till the profit was achieved.The money can be earned from the profit if you sell the same in the bull market.The bull and bear market was sequential one, So try to use the market wise and inverse the money in the bear market.The bull market takes time,but till that the traders should hold their valuable money in the crypto asset.

I wouldn't call the current situation a bear market, Bitcoins are up around the 26,000 USD levels from their previous lows of 16-17,000 USD. Anybody who bought Bitcoins last year so cheaply made already a big profit today. Taking some profits today could be a strategy, as long as you have a plan what to do with your money instead. The rise in Bitcoin prices happened because of the big problems in the world right now and investors looking for ways to get out of Fiat money. For most peoples taking profits would mean to switch back to Fiat money, where they are faced with 5-10% inflation rates. My recommendation would be to only take profit if you really need the money right now. It would be better to wait for the price to go even higher, we were already above 30k USD and once the halving happens next year the price will rise again higher. I would rather use some Fiat money for anything that I need right now instead of selling some coins. And if you do want to reduce some BTC holdings, make sure you switch into some alternative investment that will lead to a higher return.

The best way to do it is by setting a goal. Once you reach the goal, take your profit. Now you can either enjoy your profit and leave, or start investing again. You can do so by setting a new goal. Maybe set a new "buying" price so you can buy at low and sell at high to reach your new profit goal faster. But beware that the buying price you may want to buy at might never reach there and you will be waiting literally forever. So its better to invest whenever you can and just set a profit goal9 because we all know in the long run the price will go up and you will be eventually reaching that price point you wanted to sell at (as long as you are being realistic with the price). Know the market first before you do anything. Some people opt not to take profit because they want to accumulate as much as coins they can before they sell it.

This is very simple, and you answered the question already by saying that when the "market turn around". When you buy and invest in the bear market then you hodle for the bull to come and once the bull market appears then if you like to sell, you sell them and if you like to still hodling, it is your choice. And remember you bought in the bear market so you must make profit in the bull market because the bull price has surpass the bear price. And now that the bear is on going, people are busy accumulating bitcoin every day and night and they are buying for the bull to come.

Many of us are in this category because we won't collect profits now or when the bull market starts in the future, if you take profits you'll miss the better opportunity to make bigger profit when the market is rising due to too much money been thrown into the market. We have to ignore any advice that says we should take profits and keep on holding because it'll be worth it in the future when bitcoin is trading higher than previous all time high and other altcoins will be rising too.

When I'll start taking profit is by the end of 2025 when the bull market is coming to an end, I'll sell all my bitcoin because I can't hold through next bear market instead I want to be among those that will be using the profits they may from the bull market to buy more Bitcoin.

That is the possible way for a lot of people, me included. We like to get as much crypto as we possibly could, without caring about how much it worths right now. That is a great method for people who are interested in long term and should be considered as one of the best ways to make money as well.

I think it should be considered a way of making money whenever you can, and should be a great deal. I get that not a lot of people can do it right now, but it could be quite important to do it that way. I get that some people are worried about it, but in the end there is no need to be worried about it neither, you are going to make a good profit in any case. Hopefully you will realize that getting more coins will be greater for you on the long run.

The best move right now is to buy as who knows how long the price will remain this low, now if someone does not have the necessary money to do so then the next best move is simply to hold their coins, even if they are experimenting a small loss, however the worst move by far is to sell, all of those people that sold their coins are surely going to regret it, as once the bull market starts they will want to get back in bitcoin, but they will have no option but to buy it at a much higher price.

There is a target selling price.  When that target selling price is met, then that would be the realization of my gains.  It couldn't be realized as long as the price of Bitcoin plummets or goes sideways.  So I need to be patient and wait for the time when the market recovers and uptrend. I am also looking for the opportunity to DCA to increase my percentage of profit.  If the situation makes DCA possible, I don't hesitate to buy more and add more BTC to my portfolio it also goes the same when the opportunity to sell opens (hitting my target selling price). 

I can't claim that it's a "secured" profit. However, if the market rises out of the bear phase, it would be best to place a sell order at my target selling price. This way, I can ensure that I don't miss the opportunity to sell at my desired price. What about you, OP? How do you plan to secure your profit in case the bear market comes to an end?

Uhm holding? I guess?

There's only one way you can reliably make money in this industry anyway which is through holding blue-chip crypto like bitcoin and ethereum. If you're looking to maximize your profit potential I say you might wanna go for the DCA strategy even, as it influences you to buy bitcoin on regular intervals regardless of the price action of bitcoin or whatever value thereof. You can settle with just holding bitcoin for the meantime and pulling it out at the height of the bull run. There's a plethora of ways for you to invest your money on crypto and expect profit. The only thing that you'll have to actually worry about is how much are you going to fork over from your money.

Developing a specific plan, strategy, and goals for buying and selling are essential in investing in Bitcoin. If the BTC is down and reaches the specified target, it is possible to Buy/Invest, but not with total capital, but at different stages and bottoms. Also, after reaching the price and target of selling and achieving good profits, it is possible to sell and recover the capital that was invested or a large part of it and recover a portion of the profits and keep it in stable currencies so that if a correction occurs or the price drops, you can buy again at a low price and the loss will not be in the capital but in the profits that have been gained. Choosing the entry/correct times requires experience and skill in technical and fundamental analysis, as well as the factor of waiting patiently and controlling emotions and greed, which enables a person to secure his profits and maintain his position within the market.

Firstly maybe I will just pursue by continuing to buy regularly (DCA) in this case because when talking about bearish and bitcoin correction then it is still one of the opportunities for us to buy or my language is planting from seeds that we will reap in the future.
I don't have any philosophy in this case because all I do is buy and hold (not to sell) because that would just be futile for now so I just focus on buying and that has been happening since the last few months maybe even a year.
As for when talking about profits I still have the belief that I am investing for the long term so I am still not tempted by my current profits because it is still a little below the standard I want even though in my DCA there are those who have made profits of more than 50% especially when buying at $15k but I still continue to hold because my target is not today and I believe in the future my profits will still be there so I am not worried about the present.

Yes, he already knows that we are currently at the bear but he also said that what if there is a turnaround that will happen? Holding is the best thing to do for now or until the bull occurs and in order to secure the profits, we will need to sell them or convert them in to a stable coin.

The feeling is superb after it and I can use the money for important things first and then I will by the things that I always wanted. For those who resist the temptation of selling early, their reason might be is they don't need money yet and holding more allows them to earn even better. I salute these people because they are also like a hero here. They prevent the market from falling harder.

I am in the category of people who will not collect profit now when we eventually get out of this market situation we are in now. For example, I have already set my goal of what I will buy next year after the halving when bitcoin's price increases. I need to reward myself for delaying gratification. I have written the amount of profit I would take and right now it is not there yet. This may be different from other people like I have met but we all have different philosophies.

For me it really depends on the price we will reach during the next bull market: if bitcoin goes above $100k then I think it not going to be easy to keep holding, I can image many people will start selling because we are talking about some serious money. I would sell something, for sure. If for any reason we won't reach $100k than it would be quite a disappointment.

An investment plan is indispensable, after all, a plan needs to be properly structured to keep the investment on track.
Of course, it will not be held for life, there is a time when it must sell and enjoy the benefits.

Also, clearly define your investment objectives, whether it's short-term or long-term, and whether it's for capital growth or passive income.
Setting clear goals will help you plan and evaluate your investment strategy.

Keep in mind that investing involves risk, and investment decisions should be based on a deep understanding of the asset, the investment objectives, and how to properly manage them.

Once you bought a coin it is what it is, if you bought 1 BTC still its 1 BTC but if you see the price it varies of course, the price of the BTC you bought for example is 20k$ and the price pump or dump the value of it now becomes volatile, not until you will sell your asset, but if you keep holding the coin and the price changes we called this as unrealized profit or loss, you will get this after selling your hold assets. Make an investment plan, until you will hold and when you will sell your asset.

I believe that we are only experiencing a retracement or a temporary bearish movement to take liquidity to send the price higher. In this situation, I usually do is to buy Bitcoin because I believe the price will go up higher when it takes enough liquidity. If ever we are still in the bearish market, I usually do is to stack some altcoins and Bitcoins, and wait until the bullish market starts.

We have different idea in terms of securing profits because we have different analysis, and beliefs. So if you feel something bad happens to market then it's better to sell. Profit is profit.

Your plan to use Bitcoin for long-term and short-term aims is good. It displays a sophisticated intellect that understands markets and their evolution. But let me elaborate. Bitcoin represents a seismic upheaval in how people trade, value, and trust each other, unlike conventional currency or commodities

Getting to the heart of this technology is more important than keeping or trading. Decentralized Bitcoin challenges millennia of centralized authority, control, and financial institutions. Your plan is nice, but if you only look at the cycle, you may overlook the larger historical development

You claim patience. It takes more than waiting for a good cycle. Its about joining a new era when digital cash will revolutionize power and trade. Whether you hold or trade, you're a revolutionary, not just an investor

I have no intention of selling the coins completely. I divide my total bitcoin into major fraction for long term holding a smaller fraction for trading. The second fraction is where selling can happen from but only after I break even or profit, that too will be used to buy back at the next bear market. This helps to keep you in the game and multiply your assets over time as cycles continues.

This takes patience because often one phase of the cycle gets prolonged and you may have to hold through that. But with Bitcoin that is easier than altcoins.

I have seen many people not opting for small time gains. They are interested for big profits in a single amount of time. For them bear market is like heaven. They buy the high valued coins in this time in cheap and hold it for long time. They know the true value of the coins. Hence buy in the bear market and hold. They do estimations and speculations and sell only at the peak time in order to yield the maximum profit. This is the only good and working strategy followed by smart people.

The current situation is unpredictable. Maybe some past experience will help but the market moves unpredictably. Day by day the challenges we face are getting bigger and the risks are also getting higher.

I am not a day trader. And I don't understand what a stick candle is. But what I know from my experience in crypto is that it is better to make crypto a long term asset. Sell when the price is high and hold when the price is low. It's that simple. I've never been worried about the season in crypto whether it's a bearish or bullish season.

If you ask my biggest obstacle then it's just about timing. Sometimes you have to wait quite a long time in an uncertain situation when the asset you are holding has a high selling price.

But it's okay with a little patience. My experience has taught me that being a long term trader is better than looking at and reading those stick candles.

Of course not.

After all, it will depend on the current situation, and I guess since I know how to read charts a little bit, I will also make some adjustments like you said. I said that I will stick to it because I always want to be safe including my profits, and I mean I wanted to make sure that I will take profits this time unlike on the last bull run where I just watched the markets going down where in fact, I'm a few clicking of buttons away from taking it.

Will I adjust my target price? Yes I will, but it will depend on some factors, and circumstances.

As much as I would agree that setting targets is one part of a solid strategy also of buy and hold because holding forever might indeed not be the best approach unless you can literally buy valuable assets with Bitcoin, which in a sense is also selling Bitcoin.

If the goal is to not convert back into fiat, the only choice I guess is to go with a stable coin, but that carries its own set of risks. Discontinuation of the said coin and a bank run afterwards, bankruptcy of the business offering the stable coin, algorithmic failure in case of algorithmic stable coins, there are probably even more. Most of the time I assume you would also trigger taxation when using stable coins unless you go with risky stable coins. If a company is well regulated and transparent about how they have backed their stable coins, it is also more likely that your transactions don't go unnoticed.

One thing I would never do is to sell almost all of my portfolio at a target price that is just over the former ATH. I see way too much potential for Bitcoin to grow for a very long time.


I understand why you closed your post with that sentence, but really is it right to ignore whatever happens left and right and sell regardless? If you feel and see that the hype is real and backed with reasons that make sense rationally, why wouldn't you adjust your target price then? If some things feel different and maybe the regulatory environment makes a massive turn in favor of Bitcoin specifically, I would definitely adjust my former considerations.

In my insight, if you know that you don't have enough ideas here, it's better to study first and don't rush to buy cryptocurrency right away. Now, if you can't stop yourself from buying, all you have to do is start with small capital first while you are still learning it. Because maybe later on when you can easily make money here, that will be an obstacle for that to happen.

Especially in the current situation where we are still in a downtrend, the market is still very unpredictable right now, but I can't deny that this is a good opportunity for us to buy top cryptos that are currently undervalued in the market such as Bnb, Matic, Eth, and of course Bitcoin won't lose that. It's not a problem if I didn't change the cryptos I bought to fiat as long as you just hold them and don't sell them, that's it.

Reverse DCA is useful if you want to sell some sats for a profit. Especially if you have like a couple of Bitcoins (at least 1btc), but not if you have a small balance because it makes no sense to do that.


Side note: Why are you holding two different types of stablecoin? Isn't that a bit unnecessary, considering they are (almost) all priced at the same?

I'm not selling my Bitcoin because I know it will be a lot more expensive in the future. At least $100k in the upcoming years. So wasting Bitcoin now or even at $30-40k feels like a wasted potential.

The only way to secure your profits is to start selling at any given profitable price. You don’t have to sell everything if you want and just leave the other half of your coins for future profits. After that, consider DCA again once you see the price dropping again. This way, you will never miss selling your coins for profits, as well as buying back again when there opportunities to buy. If you stick to that, at least you are following the basic rule in crypto.

Profits that will be obtained on bitcoin by waiting for returns when prices increase. It's how I make a profit.

The bearish market is currently in progress and don't get too bothered because before the bearish comes and is still going on, bullish has already occurred and the bullish market has the opportunity to return after this phase ends.
Bearish and bullish are two phases that are always connected in a crypto market situation which is known to be full of volatility.
If you are afraid of market volatility, bitcoin and crypto are not a good place for you and them.

There are only a few methods where people will convert their profits from Bitcoin. It's either going back to fiat or into different altcoins.
I think everyone plans to do that and buy all the things that we wanna have like a car or a house or anything that we have been thinking of for the profit that we'll get from the potential profit we'll get when the bull run comes.

When you think that profit is sufficient. Do not hesitate to take it and just come back again to the market when the dip has come. That's the time you'll just need to take advantage of the situation and don't always lose your profit from spending in everything so you can buy back.

If the market turns around and the price of Bitcoin moves a little bit higher, like to $30k or $35k from its current price of $26k, I will not sell off my Bitcoin investment because I have a profit target for it, so I promise myself that if I don't realize my target, I will not just sell my bitcoin to make some profits with the aim of re-entering the market because I am not good at timing markets, like to be low because I am hardly satisfied with the low price of Bitcoin, and doing that may lead me to miss the opportunity. So my plan is to always wait for the bull run period so that I can experience a great move in the bitcoin price.

during the bearish season like today to make a profit maybe we can do it by trading, where there are no season restrictions, but it is also risky, and more risky than we invest. or if we don't hold it until the bullish season comes, in the cryptocurrency market, of course, the main thing is that we have to be able to take advantage of the season that is happening, during the bullish season, the best thing to do is let it go, it's different with trading where there will be opportunities at any time, according to our analysis

For me who has stopped trading a long time ago, this bearish market is an opportunity for me to convert my USDT and BUSD to bitcoin, it's not everyday that the price of bitcoin goes down to this level so definitely an opportunity worth grabbing and I think everyone should do that too because we all know that bitcoin's going to go back up and you don't want miss another profitable moment because you were hesitant to buy during this time.

During this bearish market, many people are still waiting for the price to increase again and each of them has the highest price target they want to achieve. Profits are bound to come after this bearish market phase and it is time to accumulate instead of sell for investors. But traders still buy low and sell high and do it as often as possible.

You have to set your own target because everyone has their own target. If you want to become a long-term investor, you don't need to worry about current market conditions, but you have to look for loopholes to keep buying so that the number of your coins increases. The obstacle to implementing this strategy is that you can only sometimes get the lowest price but that's okay because the current price is still low.

I'm still holding back my profits because I'm still waiting for a reversal towards the last ATH. Then, I will determine when I will buy. At least, I want to sell at over $80k because the next ATH could be over $80k.

there are those who invest in btc for the long term and there are those who invest in btc for the short term or it can also be called short term trading. In my opinion, in short-term BTC trading, you have to be able to analyze it, because if you can't analyze it, you have the potential to lose, in my opinion
trading on btc must use the dca system because the dca system will make it easier for us to set strategies. and we don't be fomo (fear of missing the price) when there is an increase, so we only buy when the BTC price goes down

Setting a target is a very vital thing when it comes to securing profits, and I hope this is the one that most of the investors will learn in their journey.

How to I intend to secure my profits? I already set up a target selling price ever since the start of the bear market. My initial selling price is around the previous ATH I think, then the next one will be at around the $85,000, and then most will be sold at $100,000, but I will be keeping some of my portfolio if I think that the market will go up even more.

What proves to be the most formidable obstacle in executing this strategy? Yourself. You because you aren't following your initial plan. As an investor, having a buying plan, and a selling plan is a must or else you might end up losing the opportunity to either buy or sell. If you have a target price on either buying or selling, whatever happens, do it. The problem is when the target has been hit, they will think "Ohhh it will go even lower, so I will wait a little bit to maximize my profits", or "Ohhh it will go up even higher, so I will wait a little bit."

I already shared my strategy. Set up a selling price, and stick to it whatever happens.

Some people just don't care about what is happening in the market now because they have targets when to sell and buy. If I were you, I would look at the 4-year phase before because it's the same situation. You don't need to scrape the people's experience because you will get the same answer. Actually, the market situation is simple, If you are reckless and impatient then you will be swept away and panicked, But if you calm down, and don't care about the price, then, you will be a winner in the end.

There's nobody who can follow the market with significant accuracy.

I learned to be careful with this "realizing gains" thing. Most often, it's a trap. If you want to make some conversions because you need to build a house, buy a car, pay your or your brother/sister's tuition, start a business, pay for your old grandma's hospital bills, and so on and so forth, it's perfectly all right. But if you convert just for the sake of "realizing gains," you're entering the realm of trading and you might be trapped.

Actually, if we trade, we can get gains even in bearish or bullish seasons. But indeed, maybe in the past, especially with current market conditions, the challenges will be greater with higher risks.

But I personally don't trade, even if I do buy and sell, maybe it's only short term for certain coins and not regular. Here, I prefer to do DCA preparation for the bullish period later, even if little by little. Holding for investment, especially in Bitcoin, in my opinion, will be profitable, moreover, it is safer than altcoins.

It's from experience someone would know how to follow the market. The scenario you describe here is sometimes the experience I once had with my bitcoin investment. There is no need to elaborate on how it all came about as you just mentioned how the typical scenario is "you sell and later buy at a high price." believing that if you invest at that moment, bitcoin will bring you greater profits.

The best approach in all of this is to hodl your bitcoin until you feel like converting it to USDT because selling and buying again at a specific time may cause you to lose a fantastic opportunity to align with it as the price of bitcoin is rising.

OP: As you can see, there are a variety of answers, there is no homonymous decision beyond the one that arises from the interest of each one, therefore, asking that question is circumstantial, in fact when you have an asset that is subject to purges of the market, your finances grow or decrease without the need for any action, but it happens, then, if you mention that bitcoin changes its price, what do you do, well, you stick to your previously established strategy, some of those mentioned a few posts before. There is no rocket science, what does exist is trading strategies, any one works for you.

I employ a two-step approach to safeguard my holdings. When I anticipate a significant market decline, I convert my assets into stablecoins and repurchase them during the dip. In instances where I'm unable to execute a successful sale before the substantial drop, I choose to hold patiently rather than selling at a loss. Preserving my portfolio is crucial, even though recovery might take time. Selling after a major downturn would diminish the overall value of my holdings.

The intention is never getting my hands on fiat in the first place, I don't used fiat unless I get paid in it which I can't avoid especially when it comes to bill settlement and groceries but I can choose how my investment can be, and it will continue to remain in btc, you know they say 1 BTC = 1 BTC, the nominal value will be determine by me when I decide to sell. I don't even have much  realized profit yet, it's still the way the I bought it at the market value with slight profits in value but the quantity remain the same, you don't loss until you sold.

It wouldn't cause you less sleep if BTC price swings downward or plunged, if you have more fiat, but more to keep you average on the amount you bought and sell when the price peaked or sell when you fee enough profit has been made and incase you want to become the hodl gang, you are welcome to the club.

I don't think of bitcoin as an investment so I don't realize gains. It's more of a store of value and generational wealth for me.
Do you guys realize gains from fiat money? You don't, right?
Do you realize gains when your house or apartment goes up in value? Probably not.
Why would you realize gains from bitcoin then? That's what traders do and I'm not a trader.

We get rid of things we don't value to turn that wealth into something else. At the moment, I see nothing worth selling bitcoin for.

Some people wait for the bigger gains before they collect profits. If is because if they collect profits now, their current profits are not enough to buy anything decent. For example, If I can’t buy a new car or a house with my profits then it is now worth taking… I would rather wait more and have more profits to buy my dream assets. For me it is either all or nothing. I am not interested in small potatoes. If the gains are not big enough, then I have no interest in collecting them.

I opt not to, because I believe that it's going to make me good enough profit to just keep holding it. Long term investors do not enjoy making that type of profit, it doesn't really mean that we should just avoid it all together, but that doesn't mean that we should be checking to see it either. I think its quite important to remember that we are going to end up with a profit if we keep holding it for the long term and because there have been some influencers that convinced the public that you could buy some risky shitcoin that can go x100, people forget that holding bitcoin is good enough way to make a profit. All in all, I think its a good reason, and just not realize my gains and keep holding as long as I can.

I will try to book profit with time if the profit are huge enough to convince me. Otherwise market has created some severe conditions for me and I might have borrowed some money too. So, I might be booking some profit near $40k but I will try my best not to because my investment is not that big even I consider my investment to be zero because to achieve something big like big profits we must have big investment too. But generally and fictionally speaking.

For a newbie or for a pro trader or holder, strategies of booking profit are not same means they change from time to time. In different scenarios there are different decisions one made then other. I have a philosophy that if I made my mind to hold the BTC for the next ATH which is to come after halving then I will try to fulfill that commitment instead of selling at lower profits. We can easily understand it simpler example.

Lets say I invested $100 in BTC when it was at the price of $30k and when the price when to $100k i will book profit then my profit will be?

second If I try to book profit when the price of that same amount of BTC will get to $60k and then I will try to buy it again on $50k (selling and buying will be of %100 portfolio).

where I will make more profit ?

Of course profit will be high in first scenario.

I don't "secure gains" because I don't agree with the average trader as to what securing is.

If you ask people many will tell you that securing gains means selling your bitcoin for fiat or a stable coin. I don't trust stable coins, as they're controlled by private companies and exchanges. We also don't know if and by what they're backed. Do Kwon tried to back his shitcoin with bitcoin and we all know how it ended.

I also don't hold too much fiat because I'd have to use cash for that, as I don't trust banks and don't hold a lot of money there. I don't want people to tell me what I can and cannot spend my money on, so most of it is in bitcoin and is going to stay there, regardless of whether we have a bear or bull market.

If the market experiences a major change from a bearish to bullish process, there is a possibility that some people will take advantage of the selling conditions and will return to buying when the price drops again. The biggest obstacle to using a short-term pattern is capital because if the accumulated purchases are sold when the market experiences a small increase, the profit we get is not too big, so we will revolve around buying and selling with small profits. That's why some people prefer the DCA method of investing in bitcoin and they won't take chances at small increases to sell the bitcoin they own.

I don't know how most people implement their investment strategy, but as far as I have experience the DCA method is a step that can be utilized so that the assets we have can increase even though we are not involved in Scalping trading. The point is how you can walk more comfortably and from there we can make good decisions.

Well you are also right and I think your way is the best way like at least booking profit on the way but my experience was not that good but to be honest I am agreed with you but still if we know that BTC has the potential to cross $70k at least and we still sell some of our satoshi for small profits then we are at loss. As, most of the people think that reaching to $70k is not just like will happen in 1 or 2 hours instead BTC first will reach that point then will make some new resistances and support levels and then try to retest the current price.

Point is that's a long journey and in that journey people try to sell at $70k and think that we will buy again when the price will come back to $60k. And then they will try to book profits somehow that's also good but what's the point in it. Because in this way you will have the same value but lesser satoshi this time.

Evil governments have destroyed our culture, economy, politics and religion and their goal is to destroy the people, don't be fooled by the big corporations that are fed by centralized fiat.
They have turned bitcoin into stocks and feed off of fiat
They rob countries' resources with their fiat power
African countries will be your fate if you do nothing

Hello
I know everything and Bitcoin is no different from fiat and I have the other face of fiat and I have Satoshi Nakamoto's complete solution to remove fiat and bitcoin is traded with fiat and the solution to remove fiat and prove that bit Coin won't control inflation and soon the documents we distribute and the Bitcoin hash rate are in the hands of China and the United States, and they have the Bitcoin network under their control, and they manipulate the block and cancel the transaction, etc. I will prove the statistics Such is a lie and the destruction of Bitcoin is near
And Bitcoin, like gold, has a dual role
and complex relations with the BRICS
I will bring the price of bitcoin to zero so that people will no longer experience government corruption and I have compelling evidence and reasons and I will destroy centralized fiat and digital currency exchanges. If you don't negotiate now, I won't give you a chance. And I will do my job
Satoshi Nakamoto was murdered, now they want to destroy Bitcoin because it has expired
Don't let this happen

I would say that the choice of whether or not to convert profits into fiat money depends on the strategy and mentality of the person who wants to invest... Well, I have known people who choose to reinvest the profits to take advantage of future opportunities, but in the same way other people can prefer to secure the profits by converting them to cash. What I now do is not convert a large part of the profits into fiat money.. If you decide to take this strategy, you could be taking a long-term perspective and trusting that the assets you have invested in will eventually increase in value. This is aligned with strategies such as "hodling"... It is a method that I have already used in Bitcoin and although there is a risk because this market is super unpredictable and maintaining gains in highly volatile assets can lead to large losses.. It does not take away my I dream and I know that using this methodology will be more effective in the future..

The strategy is quite simple, buy during the bear market and hodl or periodically be doing a DCA and wait until the market turns bull to sell and get your profit. The only obstacle here is indiscipline, once you are disciplined enough to keep stacking your Bitcoin holdings and wait for the right time to offload it, you're sure to realize good profit. But you should set a target to know when to actually sell, the moment Bitcoin price surges to your target price, sell to a stablecoin or covert to a fiat whichever you want. Setting a target price is to help you not to be greedy and avoid holding and missing out of the bull season.

I am not a Bitcoin trader because I don't sell my coins without reaching my long-term plans. Traders are specialized in maximizing profit in a short time. I don't have much money to buy Bitcoin in a lump sum, my best strategy is DCA. I invest a certain percentage of my income every month. The amount can be reduced or increased based on my weekly income. DCA suits me because buying Bitcoin gradually don't put too much pressure on my finance, reduce risk and it also makes me enjoy the benefit of volatility.

Buy at a low price, sell at a high price, that's the main goal of investing in Bitcoin. When you are in the bear market phase, that's when you need to load up as much goods as you can to keep the opportunity after the market turns.
The biggest obstacle may be when the price experiences a correction after getting a number of Bitcoins, it takes patience to deal with this situation until the market returns to the Bull market phase. Determine your plan when the price is at the target number, you can come back after the price is corrected to get Bitcoin at a low price.

My primary approach to this is to increase my portfolio value in terms of BTC rather than dollar ($) value. So if the price goes up (and we're in a full blown market) then I just take  profits and buy when the market bias has flipped from bullish to bearish. In my earlier days, I didn't take profit and left money on the table so when the market bias flipped to bearish, I ended up regretting not taking some profits. In hindsight, I ended with same value in BTC when I could have probably gotten more.



I only know about DCA and its effective most of the time since my average buy-in price is often priced in. On the other hand! How does the Dual investment /Snipper strategy work?

I've got a different approach. To me, Bitcoin is more like savings than like an investment. So I try not to spend it, but I sell some when I need to, regardless of the price. Of course, when the fees spike too high or when the price is suddenly significantly lower than it's been lately, I try to sell less. However, if I got some things planned, and I could use some money for it, and the easiest source is BTC, I just use it, and I don't feel any regrets. If I could use it directly, I sure would, but that's just not an option most of the time, at least in my country.

Everybody has the way they do theirs. But as for me what I do in bear season is pretty easy. I use two exchanges one for my accumulating and leaving till I grow old. while the other is for buying and selling using different methods.


The one I use for my buying and selling. I use the DCA method and then Dual Investment or Sniper in other not to miss any buying low opportunity or selling high.

There are more than one approach or means to approach your bitcoin investment and most times, all are okay providing you don’t get to liquidate your portfolio. That’s where the issue always comes kicking for most. You’ll later realize that, you would have had far better chances at profit by always putting some of your coins away from liquidation. Let the bears rain on it if they would but don’t forget the bulls will also have their town and even then, don’t liquidate.
Hodling serves you better and you could as well use your coins periodically as the need applies. Don’t be amongst the tell tale people that would wish they had hodl the much they had when the price becomes something unbelievable because it will.

It doesn't really affect the bearish market situation because bullish will also come. To get profits, investors usually invest by applying an annual pattern as has happened in the 4 year timeframe such as 2017 - 2021 - ...?.
The calculation can also be seen from the timeframe from 2013 to 2017 and 2021.
If you sell annually, the profit you get through price-recovery may be small.



The biggest obstacle as well as a challenge for holders in doing so may be patience.

I love bear market for short term as it gives lot if opportunities to buy btc in low price. When market changes and i realized some sort of profit, I like to sell btc and and then again look for proper entry. I am not in the favor of buy btc and then just hold it for long term(more than five years). Btc price changes many time through out the year and I believe that i can make 10x more than those who just buy and holding it.

Suppose i buy btc at current price 26k$  and then wait for btc to reach 30k$ and then sell there. Btc will repeat this pattern many time before reaching 2x(52k). If i make 10% profit everytime with btc up and down then i will be in more profit then those whose  just holding it. I will hold only 10% for long term without selling in any stage wheather its bear ir bull and rest will use for scalping.

Trading Bitcoin for a short-term profit is not usually very profitable for everyone, and I don't usually invest in Bitcoin for the sake of a short-term profit. If there is a turnaround in the market, like you said, the price of Bitcoin cannot just boom to $100k this year, even within the range of two months from now, which means that my next sell target has not yet been reached. The only tempting price at which I would love to sell some fraction of my Bitcoin is around $100k and above, and until then, I wouldn't be selling any. If the market begins to recover, it might not suddenly surge to $50k, and if anyone sells by then, they might not also have the opportunity to buy at $25k again this year. I believe that if the market goes above this price, I might not come down to $25k again till the year runs out.

In this kind of scenario, I don't really care about it because the first time I expected this thing to happen, and to be honest when this bearish trend will still be here, I don't have any problem with it because my investment in bitcoins won't really matter at this time because I have some other sources of income which I can rely on. I'm not gonna be like the others that put all of their money in it and some of them took loans in order just to invest in bitcoins, that is not a recommendable way because stress and anxiety will hunt you when a bearish market occurs and you won't have any peace of mind since you have nothing to rely on in terms of your financial needs.

When in today's market conditions which tend to be bearish, my strategy is to buy bitcoin again but with a small amount, and then keep holding it until the bull run later. Because it would be stupid enough to sell bitcoin in the current conditions, moreover my prediction is that we are closer to the bull run and holding is the best option to be able to secure profits in the bull run later.

I don't really think that is a mistake. From my experience, there is nothing wrong with securing some profits, especially after a bull cycle because the next run the price of your coins is likely going to plummet. I think believing that you'll eventually make profits when BTC hit $100k or something is way worse than having multiple plans along the way.

I don't have any strategy of getting profit when the price increases because the plans that I have is to sell at the bull run. The only advantage that I see from the current price of bitcoin is that I have accumulated some fraction and I hope to continue with DCA till the price pumps up. Nobody knows the direction which the market will move to either dump or pump,that is why I see hodli as the best so that your profit is certain at the bull run.

We all even go through bearish post phases, and that happens to all markets.
Asking about the advantages and disadvantages, for me, the advantages will be gained if we keep calm and patiently wait for the bull market.
In addition, we should stick to the original strategy path, do good management, and have reserves to buy back.

If you are too afraid to face the bearish market, then take a break and do not open the market.
Definitely don't do anything stupid by throwing away the holdings you hold at a loss.

A bearish market is a sign that you should go shopping, or if you have some spare funds do some quick trading or scalping.
Make sure every up and down gives a little profit.

What I do is a variant of DCA in which I make partial sales in bull markets.

The pure DCA strategy consists of buying exactly the same amount per week or per month for a period of time. Let's say you set out to buy $100 a month in Bitcoin for 10 years. It can also be indefinite, like the one that makes DCA for retirement and eventually leave it to your heirs.

But the thing is that with the modified DCA strategy I take advantage of low points in the market to buy a little more, as I did at the levels below $20K that we had recently and for the next cycle I plan to make partial sales above $100K, but always making sure that I keep a good amount of Bitcoin for the future.

If you want a more detailed and sophisticated explanation, ask JayJuanGee, who has very long explanations on the subject.

Well I have only one strategy which is Holding and the biggest formidable obstacle in achieving that strategy is market and economic situations. If they went soft on me then I will be able to hold for longer period of time other wise not. But still, to make a decent profit you first have to calculate all the possibilities of course no one could predict all but at least the ones which makes sense. Let's say you invested "X" amount and wanted to book profit at the price of $100k but when you see the price is increasing (means let's say buying price is $30k and it increased to $60k). So, you might think that your portfolio is doubled now and its the best time to book profit or at least the investment but believe me that's the biggest mistake one could ever do.

We should not fall prey to market sentiments instead we should try to control them.

We are not in a bear market phase. We are already over that, you can say we are in an accumulation phase. Big bulls and whales are buying Bitcoin of the market. They do not worry about your Daily or 4H Timeframes. They are here to keep their stashes for long run, for more 2 years until November 2025 when they will start selling a bit to enjoy the profits which they make.

That's what I will do. Just follow the big money to make big money.

The biggest chance for big gains is during the halving and taking advantage of the 4 year
cycle between halvings.

Some people over the years have criticised others for not taking profits after the halving,
thats fine but not everyone wants to play that game, timing the highs and lows for absolute
maximum profit is tricky due to the volatility of the markets as per Silberman.

Personally I dont think I would be confident selling my Bitcoin after the halving and
hoping that the market price falls drastically to buy back, what if it doesnt, or if keeps rising
after I sell and falls back to a higher value than when I sold?

When it comes to investing, it is good that you plan to invest for the long term, but sometimes you must use your brain. Suppose you plan an investment for one year and accordingly you invest after holding the investment for six months and you get the expected profit, after getting the expected profit, do you need to hold the investment for the remaining six months? Or you could see the market gradually going down after making some profit, what should you do at that time? If you ever find yourself in such a situation then what you should do at that time is to sell your investments and refrain from investing until the market normalizes. If you can use your knowledge to invest in this way, your investment will never be stuck at the same level. So definitely invest with a specific plan and try to hold your investment or sell it by understanding the market conditions.

The obstacles are always the same, the volatility and the unpredictability of this market make very difficult to close your position at the perfect moment, still I am sure that many of those that are willing to sell their bitcoin at the top are not really thinking about leaving this market behind for good, they simply want to obtain some profits and then once the bull run is over they can use their cash to buy even more bitcoin than what they had before, while they will retain some fiat on hand they can now use as they please.

I am not now involved in crypto trading in whatever strategy because I preferred holding some of my beloved crypto assets for now...until maybe around December because by then I would be needing some real cash into my wallet, that is why am really hoping that Christmas time will not mean a bearish period for Bitcoin and the rest of the gang. Anyone with the knowledge and right strategy, one can be making good money whether the market is up or down.

You can sell and then wait for the price to correct before buying back. In this way, you've got a bigger amount of Bitcoin. However, this is essentially trading and it has risks. What if the price increased a lot more after you sell? What would you feel? It is possible that you imagine the price rising more and therefore fear that you'll miss out on more profit. Your next step could be that you're forced to buy back at a higher price for the sake of more profit.

But it could happen that after buying back the price corrects. What will you do? Would you stick to your Bitcoin now that the price is falling? It is possible that you will sell thinking that the correction isn't over yet. You will buy back at a much lower price. But then the price could rise instead. This is the hardest obstacle: predicting with accuracy. But then the price of Bitcoin is highly unpredictable.

My experience tells me to remain hodling. Unless there is a need to convert, my Bitcoin remains in my wallet in bearish and in bullish times.

Through scalping. Investment in Bitcoin is not only to buying and holding for the long term you can use the price movement action in the short term way, example if the market price drops you will secure to buy opportunity if you see the market will possibly go down sell your asset and secure again another position.
Spot trading is ideal with this current market state for beginners if you have the capability to trade in futures it's good too because with volatility you can set your positions.

I don't know about others, but if the market turns around now, which I believe will definitely happen in times to come, I will sell the bitcoin that I bought during this unexpected bearish market. Those bitcoins are not for long-term holding, and the purpose of buying them was to realize a fear profit when the market turns around. I just wanted to be part of the people keeping the buying circle alive, even though my purchase was a small unit.

So taking profit will happen if I can see bitcoin back again in the range of $30,000+, as it will give me little profit added to the initial purpose I had when the price was at $26k+. It's only those who don't care about a shot and a few profits that will make any sales even if the price turns around today, as their main purpose is to accumulate as much as they can at every given opportunity, maybe until the market hits a new ATH. That's what could finally move them to sell off some of their holdings and record profits.

We're currently experiencing a bear market phase. How do you intend to secure profits once the market undergoes a turnaround? What proves to be the most formidable obstacle in executing this strategy? If your intention isn't to convert profits back to fiat, kindly explain your philosophy regarding this choice. Newbies in this platform like me could gain insight from your past experiences.