Topic: Know your time to HOLD (Read 1924 times)

You really have a nice plan towards Bitcoin investment and I commend that. The mistake many people make regarding investing in Bitcoin is being too anxious to take profits. They rarely give the market time and are quick to sell whenever their Bitcoin holding enter into some good profits. Taking profits is not bad, but how one go about it can make him lose a good proportion of the profits they would have made.

You also tried to capture the aspect of investing money that will not affect our needs much. I think that is the only way to hold for long.

Buy on the time that you would really be able to see that the entire community is really that in great fear and doubt. This is the sweetest spot for you to make an entry. Yes, as a human then it would really be
that also normal that you could really be able to feel up those emotions considering that when everything is really that so in red then you would really be thinking up that you might be able to get even more
negative when the price digs deeper. We do know that there are really moments or conditions on which the dip gets even more deeper on which it would really be causing for our mind and emotions
to raise up into those levels and asking on what you have done wrong.

Holding your position is never been that easy or simple. Why? Emotions would really be your main enemy on this time and as a human being then we are really
that susceptible to this or most likely you would really be that become too impulsive when it comes to this regard.

I think you are right that investing in Bitcoin requires patience and quite a long time, so you also have to be prepared so that the funds absorbed do not interfere with your daily activities. but in time you will receive what you really hope for from investing in Bitcoin.

Add Bitcoin to our portfolio. This is the place and moment if you want to change the game. Yes. That's the right word, even though there are many other options, this is most dominantly held by many large and institutional traders even though price movements occur frequently and often change and we can buy them on the open market. Very easy.

Bitcoin is a project that people appreciate so well and is void of scams, those who would term Bitcoin a scam at this age must be illiterate and irresponsible at the same time. For this, the rest of mind in holding the project can't be an issue, but I respect your addition of that for ascertaining the worth of the project. I always advise traders on this regard so well, because no matter how good you are in speculation if the project is bad, there is no way you will not lose most of your money, if not all.

Now, if the scam and unworthiness are removed from an asset, it's a very good thing to buy at the right price and liquidate at the right time, my good chart reading guides me well on these. For Bitcoin, the rightest time to buy this season has passed, that was in November last year when it was hovering around $15,000. People often feared at that time because it was still a bearish market, but I wonder how Bitcoin could have been lower than that, perhaps some people wanted it to get to $10,000 before buying it...lol. Simply DCAing is another good one when you are not willing to take a total risk. Those who had started DCAing by then must have had a higher percentage of their investment in the coin by now, so they have nothing to worry about. But for those who are still missing out, the time is now or you miss out entirely.

There is definitely sounds of desperacies as long you observed personally that you shortly developed impatient whereas the market Volume wasn't impressed on your side.
But what I literally do not get well on this your thread is if you are clamouring to hodl your Bitcoin due to the stable increments in values or insighting to halve your Bitcoin in your trading wallet or if you you are waiting for a depreciation in the markets values to do you could purchase in a cheaper volume while awaits an appreciation in values to accumulate more of Bitcoin in your wallet.

The solution to these things in the market is not to sell, it is to know when the market can go up and know how to wait, it is Nothing more than that, a person who is not so Patient, so if he sells, that person will be the loser, No one else will see their waste of the Opportunity that life is Giving them, what I want is to always have money to buy all the bitcoin I can, because it is the only way I see to have a lot of money in the future, no There is another reason , you see , because I respect Everything they have been doing in other Investments , but the best in the world is Bitcoin.

Success is for those who are willing to take the big risk and have that huge patients to wait in order to reached their targets, though we do have different ways or different takes of our own strategy but most of the time people who knows how to play with the market are the one who really maximize the profits, if you are not being bothered by short market movements and you have that will to continue holding your chance to make decent profits is possible.

Unless, that the project that you are supporting already shows sign of being a scam there's always potential to bounce back if the coin suffers from a huge dump, bitcoin or any coin that you support as long as you believe with what the developers goals then holding can be applied.

Maximum profits would really be totally called to be maximum if you are holding tons and you do able to make some good entry point at the bottom and we know that on the time that you are making some entry buys
on higher price point then it would really be that something that much lesser if we do speak about returns and this is why there are traders or investors whom they would really be deciding on making some active trades
on which they wont really be preferring on holding up for long term considering the amount of profits that they are really taking or making is really just that less but well each person does have their own
risk tolerance on things on which there are ones who are risks takers and there are ones who do really love to play safe.

Holding for too long would really be needing or requiring that kind of emotion handling and really talking about mindset and really that resistance
on being impulsive because if you dont then for sure you would really be failing on this one.

Usually people who don't give up are always more patient in waiting for maximum profits in the future by holding Bitcoin in their own wallet. Because impatient people will not be able to hold Bitcoin for a long period of time for profit, in fact such people will usually panic more easily when they see a price correction in the market or a drop in prices in the market, even if it is only for a moment. So this is the opposite, where the OP is a very patient person if he is able to hold Bitcoin for a long time.

You don't look desperate but you are the impatient type. From the way you have done it so far, it seems that you are very experienced in trading Bitcoin and you have also made a lot of profits. Indeed, HOLDing bitcoin is one of the best strategies for getting maximum profits in the future.

You sound like you're impatient or panicked. You initially thought that Bitcoin would continue to rise and you wanted to buy now before it got too high. However, you realize that more than 2 months of stupidity has changed your mind. You also realize that the price of Bitcoin does not always go up and experience significant fluctuations. Waiting for the price to reach a certain level before investing can be difficult due to high market volatility. Therefore, it is important to maintain realistic expectations and have a planned investment strategy.

The time to hold your Bitcoin vary with styles, your style of holding and selling is good and can fetch you more money. But it can't be used at all times and I do not suggest such a style to be used at this period that FOMO is in strong play, no one wants to miss the opportunity like before. Everyone is looking for ways to buy and keep bitcoins and hold it for more than 1 year. The reason for this is not hidden from the member of the bitcoin forum again and I am blessed to be a member of the forum and will not miss the opportunity for the fourth time.

Halving is coming, everyone has to get prepared to buy bitcoin and keep it. You may be doing your investment style but it should not be with all your bitcoin for you not to be pained when others are smiling to their accounts. This is the time that bitcoin can fake us, it might want to buy and not decrease again. This will not be fine for you if you are already in the sell position.

I buy when the price drops and hold from then on. Later, if the price increases, I sell it again. This is how I buy and hold all the time. Good money can be made by holding short term in it. I think everyone should buy and keep like this. We can earn good income from it.

I totally agree with you, friend, that no one wants to miss a bull run because that is what we have been waiting for the most from an investment that we have made so far.Buying in installments as much as we can at this time is certainly the right thing to do because the situation is approaching the era of the halving period. even though the situation can always change quickly and it is possible that a correction will occur again. Of course, that is commonplace and certainly an opportunity to continue buying and holding until next year.

it is not possible to not care about price for instance if price is 40k$ and you buy bitcoin now suddenly the price goes down so you will be upset and lots of time is required to get that higher price again.

It can be possible that if you choose certain cost that at this cost you will buy whenever the market goes down and after 10 percent or 20 percent you will sell your asset to reap the benefit so it will be beneficial for your.

You should not be too calm to wait for more and more benefit because in such situations one gets deprives of the original profit too. Also don't be in too hurry as it can also be very dangerous for you therefore selection of certain percentage for selling and buying will help you to make accurate decision.

Nothing to argue same with how most if not all who believes that the chance of owning bitcoin while the value still low will generate decent benefits, it's more on how you trust your judgement and how much spare you are willing to risk while waiting for your desire profits, it's best to have that goals and setting your target value will help you to keep holding, either to buy more if you have decent spare reserve money or just keep with the plan with your investment and wait.

If you go to hodl, it is not convenient to wait for it to drop to a certain price, even more so if you go long-term with that purchase.

In any case, if you buy at 30k or 25k, the price you mentioned, what is the percentage in the profit differential.

That percentage is the one that has to determine your final decision.

I  mention it in a general sense, as 25k isn't that far fetched, we just got off the 30k floor and how long did it hold that price, a few weeks, we've been in the 20k range, all of this year, except for April.

Exactly. Correction phase is what you also called the retracement during an up move. Of course, not all the time btc is expanding higher. In order for the whales and other participants to buy again for a lower price, a correction occurs. That retracement serves as a second level for accumulation of more positions going higher. So if you know that it is going higher, then price going lower in a near term perspective is a signal for a good buying opportunity.

The best time to hold Bitcoin is when the price tends to be cheap and also if someone has bought it at a high price so that he has to be able to hold it for a long time if he still doesn't have time to sell when the price increase occurs in Bitcoin. As for those who had bought it at a low price, of course they only paid attention to how much profit they could achieve when they resold it. And it won't be as difficult as those who have bought at high prices with the aim of returning the reduced capital along with getting profits from their past purchases.

I also agree more with what you said because apart from having to be able to withstand a correction period, everyone is highly recommended to buy more using other money in order to be able to achieve maximum profits when an increase occurs again. But what I see now are that there are still two conditions that make some people hold Bitcoin assets, the first is because they still experience losses when they sell it now so they prefer to hold it. Meanwhile, some people are looking for greater profits after buying at low prices earlier this year.