I have to hold on tight - page 6. | Bitcointalksearch.org

Issa56

hero member

Activity: 1484

Merit: 928

Quote from: Solokan on January 22, 2023, 08:04:37 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?

I think that's left for you to decide yourself, if you are satisfied with the profit you have made and you think these is the highest bitcoin can go then you can sell, but if you believe that bitcoin price is still low then you should hold.

Quote from: Solokan on January 22, 2023, 08:04:37 AM

because I'm afraid the btc price will drop again to 17000,

Because bitcoin price went up a little bit those not mean it won't still dump to $17k or below, nobody knows bitcoin movement, but if you are planning to hold, then you shouldn't be disturbed if bitcoin price dump below the price you bought it.

You might sell your bitcoin now, and you will be waiting for bitcoin to dump so that you will enter again, but you might not see bitcoin at that price again, if you are having bitcoin already, just forget about the price movement and hold, stop checking your wallet frequently.

drwhobox

full member

Activity: 756

Merit: 133

- hello doctor who box

If you are a trader you can sell and buy back again, but I am afraid that you can predict bitcoin price. A really risky thing to do with your assets especially when you buy at a good discounted price.

Quote from: Solokan on January 22, 2023, 08:04:37 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.

You started investing in bitcoin for long term so stick with your decision. Don't take risks because you never know if you can buy it back at a cheaper price. You have already bought it cheaply.

CryptopreneurBrainboss

legendary

Activity: 2408

Merit: 4282

eXch.cx - Automatic crypto Swap Exchange.

Quote from: Solokan on January 22, 2023, 08:04:37 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,

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.

Long term investment should be long term and not getting distracted by any small price movement of the market. Since you want to invest for long term, do as I say above and things will be easier for you. Also go get a Job if you don't have one so you can meet up your day to day needs while leaving your seed (investment) to mature properly.

Pandu Geddon

hero member

Activity: 826

Merit: 583

If you choose to stay on hold, I'm sure it's a good choice. try to stay focused and consistent with your investment planning. although I'm sure when the market gets the pump it will make your fingers tremble to want to hit the sell button.
if you watch the market every day, maybe it will be something difficult if you are a person who does not have a strong stance. but for those who are experienced, every day with an alarm going off, will not make them budge from the investment planning that has been done.

if you have a fear of another drop, take it as an opportunity to buy more of your Bitcoins. so never be afraid of the value of your future assets.

Alisha-k

member

Activity: 840

Merit: 23

I will just say take your eyes off the market and just hold because there are lots of noise and confusions as regards when to hodl, when to buy and when to sell. Just buy and hodl or keep hodling that which you have bought.

PrivacyG

hero member

Activity: 882

Merit: 1873

Crypto Swap Exchange

Quote from: Solokan on January 22, 2023, 08:04:37 AM

but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

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

Why are you so tempted by prices that have already increased? Are you here just to speculate?

Learn about Bitcoin and find out why we are still early. As you learn, you will find yourself more tempted to buy than to sell. I am more relaxed than ever before during this slow bear market. Bitcoin is part of our future. And you know what they say. Invest in your future.

If you are afraid of Bitcoin then just find something else you are not afraid of. I find it non sense to invest in assets you do not trust.

-
Regards,
PrivacyG

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: Solokan on January 22, 2023, 08:04:37 AM

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

Try not to think about it, or at least think a little less than now - it usually helps to keep your mind occupied with something else. You should also be clear with yourself about your goals when it comes to profiting from investing in Bitcoin, i.e. whether you will be satisfied with a small profit or will you still wait for a much higher price than the one that is today.

At the end of the day, if you are really afraid that the price will fall again, maybe you should sell part of it and keep the rest for some more profitable days.

TalkativeCoin

member

Activity: 124

Merit: 11

As soon as you let it go (the worries), the easier it gets.

Just look at the price history, the peaks and lows, it would probably drive you crazy if your mood swings would mirror it Cheesy

Maybe most importantly, use the funds you can afford to "forget", that's a key point in actually not stressing too much about it.

ajiz138

hero member

Activity: 1498

Merit: 785

Why be afraid if the price of bitcoin returns to $17,000 even though you have planned for a long term investment keep HOLDING and never sell at a low price even though this is already a good increase but I don't think it's time to sell bitcoin because we still have a lot of time to see the real bullish movement of bitcoin.

My advice is don't ever check the market often at any time, you are tempted because of this slow increase, while tips from other people, of course we have to be able to hold on to a strong hand, so keep it up and don't ever panic because anything, including prices, is going up.

At the moment I'm still continuing to add bitcoin even though the price went up to $22,000 quite confident that the bitcoin price could surpass ATH again. We have to wait for the right time.

cryptoaddictchie

legendary

Activity: 2254

Merit: 1377

Fully Regulated Crypto Casino

Quote from: Solokan on January 22, 2023, 08:04:37 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?

Just forget and hold. If you are really a long term investor then youll set aside the temptation to sell off some of your profit, remember that bitcoin is far from ATH and we can always speculate that it will surpass that at one point. So better just do dca and youll be good. Dont mind these pump and dump event, just generally do whats suited for you as a long term investor and not just a trader.

Ultegra134

hero member

Activity: 1680

Merit: 845

I'm definitely not going to tell you what to do; that's up to you. What I will do is analyze your options, though. You can either sell for profit now and proceed to purchase when and if the price drops again; as you said yourself, you're afraid that Bitcoin will fall back to $17,000. The risk with this option lies in the event that Bitcoin never crashes to such a low point and you may be susceptible to repurchasing Bitcoin at a much higher price.

On the other hand, you can proceed to hold your Bitcoin and stop bothering about volatility and the prices in general, and wait until its price reaches a level that personally satisfies you. The latter option may require months or even years to achieve a decent yield, while the first one may allow you to slowly build up revenue through trading, provided that things go your way at least.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

If you're actually bullish and are convinced that bitcoin will be worth far more in the future, then chances are, you won't be tempted to sell.

If you're tempted to sell in the hopes of having the chance to buy back lower, then accept the fact that you can't predict bitcoin's short-mid term movement.

Solokan

sr. member

Activity: 616

Merit: 306

Rollbit.com

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...

Topic: I have to hold on tight - page 6. (Read 1146 times)