I have to hold on tight - page 4. | Bitcointalksearch.org

summonerrk

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Quote from: Solokan on January 22, 2023, 09:04:37 AM

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!

Z390

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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.

Belarge

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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....

CryptoHeadlineNews

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Quote from: Solokan on January 22, 2023, 09:04:37 AM

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

letteredhub

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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.

LogitechMouse

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Quote from: Solokan on January 22, 2023, 09:04:37 AM

~
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.

suzanne5223

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Firstly, you shouldn't be happy only when the market surge in price because every market trend presents a unique opportunity but I will never advise you to sell any fraction of your Bitcoin holding now because this is just the beginning of the market uptrend and from my research when it totals bullish market we're deemed to see the market making at least a new ATH price of $100K. However, there's some speculation that this current bullish market is a bull trap and we cant be sure if this is true because the market trend seems to have changed.
If you still some some spare capital, I will advise you to DCA before total bullish market start.

Rengga Jati

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Quote from: Solokan on January 22, 2023, 09:04:37 AM

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,

First of all, you must set yourself on your investment target, is it for the short term or long term?
If that is for the short term, it may be okay to take profits in several percentages of increase. This will also depend on the price or amount of the investment profits that you decide. However, if you are aiming for long-term investment, I don't think that it is enough to take profits right now.

If you see the market, there will be still the probability of decreasing price on the market correction. Because Bitcoin price volatility is still here and will never stop. But, we don't know how much this will drop again or not. So, if you have set to have a long-term investment, never panic every time the price is dropped, because it is NORMAL. What we need to do is by being more patient to wait for the bullish era. Never see the market too often because this will lead you to panic every time there is a short drop or market correction. Stay calm and wise in deciding your ways.

Queentoshi

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Quote from: Solokan on January 22, 2023, 09:04:37 AM

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,

When it comes to cryptocurrency, one can never predict, the price goes up and down, so when it goes down one will be regretting while didn't I sell when the price was high, holding tight is not a bad idea, in fact the best option is to hold and keep holding, so just invest and ignore the market, because the price will always be going up and down, so if you keep focusing on the market you might make a decision that you will regret for a very long time. So I will advise you to hold on very tight.

martyns

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Quote from: bounceback on January 24, 2023, 09:38:03 AM

If your initial strategy is to invest in bitcoin for the long term, my advice is that you must be consistent with that plan, you don't need to worry about the future price of bitcoin because so far bitcoin has been proven. can get higher grades year after year.
Right now you may be a little tempted to see your portfolio value increase so you are hesitant to continue holding or selling it now, but you need to be aware that the return offered by bitcoin in the future is greater than the return you get if you decide to sell at the current price.

Ofcourse,you are very right mate,what they simply means is that one should be patient about holding one's coins,that the future is promising,but sometimes I feel discouraged because it's not easy holding a coin for that long period of time,and you won't be tired or you won't be expecting.What if something happens after this long wait,what if the coin does not hit the particular level you would have wanted it to reach? These are all the risk involved in it,but you must know that as long as you've decided to hold,hold till the end.

bounceback

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If your initial strategy is to invest in bitcoin for the long term, my advice is that you must be consistent with that plan, you don't need to worry about the future price of bitcoin because so far bitcoin has been proven. can get higher grades year after year.
Right now you may be a little tempted to see your portfolio value increase so you are hesitant to continue holding or selling it now, but you need to be aware that the return offered by bitcoin in the future is greater than the return you get if you decide to sell at the current price.

Sandra_hakeem

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Goodnight, ohh Leo!!! 🦅

Nobody needs to entice you up with words that could merely be some bunch of exaggerations, you need to hold on to the hope that keeps you thriving and the FATE of Bitcoin as well (cus AFAIK, your hope is built in BTC's FATE).
I still need to remind you that no one seems to be giving out some words of encouragements, cus nobody controls the system... As a beginner, I know it gets hard to believe how you'd have to sit and watch your coins devalue, but you need to learn being bearish too, cus definitely, it'll happen sometime and you'd have to HODL on....
You should build a solid plan and understand that the price increases to decrease someday, and Vice versa.

Sandra 🧑‍🦰

Sakanwa

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Am also a newbie here I guess you just have to let it be,if not goes wrong you can let it be for long term as a good investor and you know what are you goals.

Initially it too risky but you need to have the heart of an investor take away the fear of losing out, if you know that living it to stay can cost you lost,I think you have just to do what ever you mind ask you to do because everything is one you it up to you to know when you can make it a long one or not is on your own account.but don't do what you will regret of because had I know will always com last.

JoyMarsha

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You already have a long-term plan for your bitcoin investment, I don't know why you are being moved by the bitcoin price increase. Just get your eyes off the price and focus on the bitcoin future. By the way, only you have the right to choose when to sell your bitcoin or not. Don't ask for someone's mandate to do so.

Having said that, you can go by what CryptopreneurBrainboss has advised and have less free worries about your investment in bitcoin

Quote from: CryptopreneurBrainboss on January 22, 2023, 05:59:16 PM

Sell all immediately, take out the funds that you won't be comfortable investing and put it in your account to be used for your regular day to day activities. Now you see that fund left that you won't mind losing, now reinvest that into the market and go on with your daily activities without caring what happens to that fund or the market entirely. The only reason you're this worried about your investment when the market hasn't even started is because you over Invested and now scared of losing that money.

SOKO-DEKE

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It is always better you have a plan over your Bitcoin investment before you invested in it and always try to stick to the plans. Many people get confused because they don't initially have plans for their Bitcoin investment and that is what normally course their panicking whether they should sell or not. Always try to know where you always want to be taking your profit. Asking people to tell you when to sell is not a better idea because nobody is expert in that way, everybody is just saying is own base on their technical analysis views.(knowledge)

Your decision on whether to sell or wait until the price rises even further depends on you. But make an effort to take a seat, reflect, and conduct additional research. No one controls the market price, so it is difficult for anyone to advise whether to sell or not,although it not bull run era but nobody can 90% assure you maybe it will continue maintain the rang of $20k till bull run time or still fall beyond $15k.many people are only speaking about their own experiences.

RockBell

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If you have recognized the potential in bitcoin, that is one of the most crucial things you must cling on to regardless of the circumstances. I am aware that some people may want to sell the modest bitcoin pump they have because they find it amusing how the whales are influencing the market. been security conscious and taking precautions because scammers are a reality.

Majestic-milf

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Quote from: Solokan on January 22, 2023, 09:04:37 AM

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

Since you've decided to hold, it'd be best to not really get excited when prices push up a bit hence it'd push you to sell and it then defeats the purpose of being a long time hodler. Bitcoin investment is patience and it rewards patient hodlers.I believe we are in for a positive run.
In the aspect of being strong enough to not be swayed to sell, the best thing to do is involve yourself in something else that can take your mind off from constantly checking your wallet.

Coyster

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Quote from: Solokan on January 22, 2023, 09:04:37 AM

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

The thing is, for you not to be tempted to sell when there is a short term appreciation in Bitcoin's price after investing, you'd have to personally decide what type of investor you are, if you are a long term investor or a short term one, if you are a long term investor you should also set a target of how many years you would want to hodl for, but prolly not less than 3-4 years, but do not buy in one lump sum, but accumulate through DCA.

Having said that, if you are a short term investor, you'd have to buy and then watch the price for an appreciation so you can sell, but if you go through that process, remember that you'd prolly not always buy back at a lower price, you'd buy back at any price Bitcoin is and hope for an appreciation again, the process isn't so easy because you can't game the market, thus more often than not you might be stuck with a fallen price and you'd have to wait for a long time before selling, or sell at a loss.

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Quote from: Solokan on January 22, 2023, 09:04:37 AM

...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 need to stick to your original plan and hold Bitcoin, since you have decided to invest in it for the long term. But if you are satisfied with the profit that you will receive if you sell BTC at the current price, then no one will blame you for this, but you should not regret it if the price of bitcoin continues to increase.

Rigon

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Quote from: Solokan on January 22, 2023, 09:04:37 AM

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 are a lucky investor. You can invest by buying bitcoins at very low prices. You bought between $17,000 and now stands at $22,000. Even if you have a share of profit here, you forget about this profit and hold on to your investment. The market may not return to $17,000 again.

You hold onto your bitcoins for the future. Bitcoin market is going to get better very soon. The market was in a dumping condition for a long time now the market is temporarily pumping. You don't stop here. You hold your investment tightly until bitcoin new ATH is generated. Very soon the market will form a new record where you can make enough profit.

Topic: I have to hold on tight - page 4. (Read 918 times)