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Topic: I have to hold on tight - page 4. (Read 1146 times)

sr. member
Activity: 952
Merit: 391
Underestimate- nothing
February 28, 2024, 04:36:51 PM
#53
Forget it and never look at the market, it will be one way for the main goal to go according to plan. You have passed the first phase of facing temptation when you find out that the price of Bitcoin has started to increase, your decision to hold assets in your wallet must always be consistent. Never feel afraid that the price of Bitcoin will return to its basic capital, your journey is still long, Let your money continue to be in Bitcoin until the price breaks ATH.
I don't think its possible to just forget something you bought with your money, and you will always want to check the market to know what is going on, and when the market is bleeding you start worrying and only the strong can hold up because you will be tempted to sell and that is something that have stopped some people from been holder. because they could not hold on, just because the market is down does not mean it will not bounce back, see the price of bitcoin now that is what patience can do people are making profit, that is for people that actually hold, and there people that will be selling and the same time there will be people that will not sell they will wait till they have made enough profit, and the current price have passed the former all time high,  and most people will not agree with you but seriously it is better to keep your money in bitcoin, so that when bitcoin is going your money to will be going up.
full member
Activity: 1008
Merit: 139
★Bitvest.io★ Play Plinko or Invest!
February 28, 2024, 03:27:37 PM
#52
Forget it and never look at the market, it will be one way for the main goal to go according to plan. You have passed the first phase of facing temptation when you find out that the price of Bitcoin has started to increase, your decision to hold assets in your wallet must always be consistent. Never feel afraid that the price of Bitcoin will return to its basic capital, your journey is still long, Let your money continue to be in Bitcoin until the price breaks ATH.
With the current rate of the price of Bitcoin now I know for sure that many will be happy and many will be upset that the price has already gotten so close to the ATH and I say this because so many investors failed to access the will power to actually hold that coin when the market price cap was fluctuating and thats the major downfall of people into Bitcoin investment and believe it's not easy but once you gather up courage and strength you will see that its actually worth it all at the end and like you said the journey is indeed young.

Yeah, the price fluctuations can really mess with people's heads.  When your portfolio takes a nosedive, it's totally normal to freak out a little and  and yeah, watching those green candles shoot up is a total rush!  But honestly, the steadfast investors tend to come out ahead in crypto.  The ones who stick to their plans through thick and thin - they usually kill it later on.  So do your best to tune out the noise and stay the course.  

We're just getting started on one wild journey here! Buckle up and try to enjoy all the twists and turns along the way.
full member
Activity: 1358
Merit: 207
Catalog Websites
February 28, 2024, 03:26:47 PM
#51
Since you are afraid of hodling your BTC in this current price, and if you continue hodling the BTC and the price of BTC drop down to $17k, you will not be happy about the advise people give to you on this trend, but you can see that the price of BTC hit $60k this morning in the month of february, it will be profitable to release your BTC for sale.

Well, you still have a choice to make concerning what to do with your hodling either to continue hodling or to sell, but if you want to continue hodling your BTC in this bull run, wish you good luck in your hodling.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
February 28, 2024, 03:12:57 PM
#50
Forget it and never look at the market, it will be one way for the main goal to go according to plan. You have passed the first phase of facing temptation when you find out that the price of Bitcoin has started to increase, your decision to hold assets in your wallet must always be consistent. Never feel afraid that the price of Bitcoin will return to its basic capital, your journey is still long, Let your money continue to be in Bitcoin until the price breaks ATH.
With the current rate of the price of Bitcoin now I know for sure that many will be happy and many will be upset that the price has already gotten so close to the ATH and I say this because so many investors failed to access the will power to actually hold that coin when the market price cap was fluctuating and thats the major downfall of people into Bitcoin investment and believe it's not easy but once you gather up courage and strength you will see that its actually worth it all at the end and like you said the journey is indeed young.
sr. member
Activity: 308
Merit: 256
February 28, 2024, 02:34:51 PM
#49
I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...


You shouldn't sell your investment prematurely, the reason for hodling is to enable your investment have a compounding value of your invested sum over time the longer you hodl your investment the more compounding value of your investment, you don't have to panic because Bitcoin should be seen on a long terms perspective, is the world largest digital currency that is still growing hodling for long term Will definitely make you to be part of the success story of how much potential Bitcoin have. So don't sell until it is up to 5 to 10 years or more
full member
Activity: 462
Merit: 227
February 28, 2024, 10:06:49 AM
#48


There are two scenarios like long-term investment and short-term investment I am too late to contribute but I hope it may help you in the future. Listen dear if you have planned for the long term investment and holding your asset for long term why are you taking/booking profit too early even you have not reached your goals? If you have planned for long term so do not take/book any profit for these small pumps and dumps. To overcome this probelm you should have some amount aside for future buying i mean do not buy all at once. Do DCA (Doller Cost Average). it will help you to overcome your fear of small pumps and dumps.

Other than that if you have planned and invested for short term investment you can book profit fron any point whenever you are convinced from the market condition. Dear all matter is you plan you should have plan before taking any entry into the market as taking entry in the market matters but exit plan matters more because if you misssed you high price market will never allow you to fetch your amount back in the near future. So in conclusion, i would advise you dear make a good plan. DYOR... Many Thanks!
sr. member
Activity: 728
Merit: 388
Vave.com - Crypto Casino
February 28, 2024, 08:19:43 AM
#47
What will happen to you if BTC decide to dump back to 30k? Will you lose hope? I think you invested what you can't afford to lose, you aren't capable of seeing what you invest go down in value and that's a bad sign, you will easily react to any dump.

If you plan to be a good holder you will win big on the long run, my advice is that every retracement are sometimes best for the market, if bitcoin dumps it doesn't mean it's over, lets say btc goes back to 30k now and you freaked out, planning on selling everything, then a month or two later it's already over 70k what will you do?

Dumps are meant to shake out the weak holders, who don't want to see negative price action on chart and it's impossible, some dumps are necessary for BTC to move even more higher, have patience, invest what you can afford to lose and see how it goes, all I can say is that long term holders are always the biggest winner in this space.
sr. member
Activity: 1022
Merit: 363
February 28, 2024, 03:29:28 AM
#46
I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...

If got afraid on possible out come and not sure about your decision on taking long term decision so better not to rush anything about it since you might got confuse about other possibilities and you will end up losing since each dump can possibly affect your decision making.

But if all your plans has been set and you are not been affected on anything since you have target then from that I think you are ready enough to face any consequences that will come and stick on what you think bitcoin could possibly reach. If you are not affected with the dumps or a sort of correction that will came then I think you are already set for long term and your experience is enough to deal with anything happens on the market.
sr. member
Activity: 616
Merit: 306
Rollbit.com
February 28, 2024, 03:16:07 AM
#45
I'm touched by the good advice you gave me, friend... I'm sorry I can't reply one by one and honestly, friend, according to my plan, I want to invest long term and I'm still holding BTC firmly.

and I just saw the market that the price of btc has now reached more than $58k and I am very happy with the increase in the price of btc because I bought btc at a price of less than $20k, that is, I bought at $17k even though the btc that I bought was not much but by looking The current BTC price of course I feel happy and want to thank all the members of this forum.

and I feel that there are many benefits from being on this forum. I can learn a lot from forum members who are experts in crypto, especially bitcoin.

I hope that during the bull run, BTC will penetrate more than $100k and I plan to continue holding BTC until the bull run.
hero member
Activity: 1036
Merit: 674
February 05, 2023, 04:30:50 PM
#44
I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.
You already have a plan and that is, a long term investment and by all means you should stick to it.
Of the Atletico goes down, does it mean it won't go up again in time? It definitely will and as such, holding doesn't seem like a bad idea.

If your considering taking profits now after buying from $17k and with the market now at $23k as opposed to the $22k when you created this thread, you have benefited a little compare to what is to come.

In all, I would urge you (OP) to DYOR and do what gives you peace of mind. If the profits you've got is good enough for you, then you can as well take it but, its always going to be an up and down market so, the up will come when it will.
hero member
Activity: 3038
Merit: 634
February 05, 2023, 03:19:06 PM
#43
Selling and holding should be your decision and not going to come from the others that you're asking about it.

You decide and blame yourself for whatever will be the outcome, good or bad outcome then it should be your whole responsibility to take care of. But just as you're asking for advise, there's always these two.

1. If you want to take the money and happy with the profit, sell.

2. If you're long term and want to see more potential profits then, hold.
newbie
Activity: 16
Merit: 1
February 05, 2023, 02:17:16 PM
#42
Just as the title of your post stipulates, you still have to hod up in order to achieve your desired success. Remove every negative thoughts that the market value will depreciate again, nevertheless, its a global market but positivity must put in place in order to achieve greater results. Just chill, sip cold drink and expect a huge return. I'm a beginner too
hero member
Activity: 2114
Merit: 740
Leading Crypto Sports Betting & Casino Platform
February 05, 2023, 09:57:37 AM
#41
Forget it and never look at the market, it will be one way for the main goal to go according to plan. You have passed the first phase of facing temptation when you find out that the price of Bitcoin has started to increase, your decision to hold assets in your wallet must always be consistent. Never feel afraid that the price of Bitcoin will return to its basic capital, your journey is still long, Let your money continue to be in Bitcoin until the price breaks ATH.
hero member
Activity: 1036
Merit: 933
Find your Digital Services at- cryptolibrary.pro
February 05, 2023, 05:13:56 AM
#40
I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

I don't think you have to be any worry for that the bitcoin price will drop again to 17000 because you already take the investment as long-term so there if bitcoin goes down to more than 17000 you don't have to be worried.
Bitcoin is a perfect choice for long-term invest And if you go to Bitcoin's price history, you will able to see how much it is increasing as the days go by. And since the supply of Bitcoin is only 21 million while our world population is about 8 billion, its price will definitely increase as its demand increases day by day. And that's why you don't have to stress if Bitcoin goes below 17k again if you really take long-term strategy.
Even though Bitcoin is in a bearish market right now, if you look at the picture below you will understand how much it is going to pump in the upcoming halving or bull run.
source
hero member
Activity: 1470
Merit: 790
ARTS & Crypto
February 05, 2023, 03:53:19 AM
#39
I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...

I will share with you an absolutely win-win strategy for selling tokens. And using it, you will never regret that you sold cheap, or that you did not have time to sell, and the price flew down: You need to place a ladder of sell orders. The principle is that at the nearest levels you sell less, and the higher the ladder rises, the more significant there are sell orders. And you don't even have to keep track of the price! Since the exchange will sell everything for you, with the right price move!
sr. member
Activity: 812
Merit: 315
Vave.com - Crypto Casino
February 05, 2023, 01:35:08 AM
#38
You will end up holding your profit for a long time and you might not see another 17,000$ price range to buy again, Bitcoin is better when you hold for a long term, if I were you I will keep holding and if you feel like you haven't had enough then start working on how you will keep dollar cost averaging, there is not much of a difference between 17k and 22k to me.
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
February 05, 2023, 01:27:07 AM
#37
I believe the measure reasons you invested in Bitcoin is to make profits, just as you said you bought at the rate of 17,000 but it's has increased to 22,000, you have every tendency that if you sell now you will make profits, but if you don't sell now you can't really tell if you make profits, because the rate of Bitcoin can either increase or decrease,
To me I will advice you to sell and make profits now, send the profits to your account, wait when the rate of Bitcoin decrease, then you buy again....
hero member
Activity: 1092
Merit: 747
January 27, 2023, 01:01:35 PM
#36
I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...
For me, I will say that you should stick to your initial long term plan wish you earlier had before, and keep on increasing your portfolio by buying bit by bit any amount you can always afford at the moment, because the truth is that, due to the volatile nature of the market, you will always feel tempted to sell. But the reason why you chose to keep this coin for such long period of time should be your motivating factor at always.
 That is, for example.. let's say your "why reason" is that you intend to have 1BTC before the end of the year 2023, and for that reason, you plan buying bit by bit either weekly, monthly or quarterly, while not minding the volatile nature of the market
sr. member
Activity: 644
Merit: 262
January 27, 2023, 12:23:15 PM
#35
If your intended plan was to hold for a long term then the first temptation you need to resist is that of always checking and checking on market countless times in a day. That attitude alone can hamper your decision to hold long, cause you would be tempted to sell immediately by just a few threatening or faking falls.
I don't know how this sounds for others, but that's how I use to avoid such temptation as yours.
legendary
Activity: 2576
Merit: 1043
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January 26, 2023, 02:21:56 AM
#34
~
but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?
Don't look at the market at all. Uninstall all of your applications that has a connection with cryptocurrency except the wallet where you are storing your Bitcoins.

If your plan is for long term, stick on it. Planning before investing is very important and sticking into it is far more important. I mean you are now up already, but you are being tempted to sell it because...?? Why do you sell it if you don't have any reason at all? Investors like you and me experienced that scenario already where you feel that you want to sell your holdings just because it went up a bit. Sometimes, don't looking at the market at all and sticking to your plans is the best way to not get tempted.

As for me, I admit that I sold some of my holdings around 3 days ago when the pump started, but I sold it because I need to re-invest it into a safer asset which is the stock. I have a reason to sell it and so do you if you really want to sell, but if you don't have any reason then don't do it at all.
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