My Nigerian people come 2025 make una no sell una crypto assets make una hold am - page 2.

Futurexxx

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Quote from: EL MOHA on December 26, 2024, 10:52:01 AM

Why I said not selling next year might be a wrong advice is because most people have their profit target set and that could be triggered next year, to me there is nothing wrong or bad in taking profits it is even the essential reason for investing in the first place. So the advice should be take your profit when it triggers and hodl if you can for another extra four years

You may right and you may be wrong also, am saying so because we all are not seeing things the same way even though we all look.
If you are a long term holder, it's very obvious that as long as you haven't hold up to 10 years time, you wouldn't sell regardless of the value of Bitcoin, because with the kind of huge potential of Bitcoin, it can go as high as a million dollar in the future.
But if you are those Bitcoin traders that sell for minimal gains, you will sell all or even some of your holdings when you are already in a profit, so it all depends on who you are, a long term investor or a trader that sells for minimal gains.
So I wouldn't say it's a bad advice because it all depends on the angle you are looking it from, which from my own angle the advice is good, except him advicing that we should buy enthereum which isn't as trustworthy as Bitcoin, apart from that his advice is good.

Mate2237

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Enjoy 500% bonus + 70 FS

Quote from: Ishicryptic on December 27, 2024, 05:33:10 AM

For investors that wants to take profits in this bull run, they need to have a target price that they want to sale,if Bitcoin reaches that price then they should sale and take profits. I want to believe that the investors that were anticipating $100k before selling have done so, likewise those that are waiting for price to reach $150k before selling are eargaly waiting for the skyrocket. Lastly investors that are not planning to sale in this bull run are not among those that are speculating what price will be next year 2025. Nobody knows what Bitcoin price will be next year whether we will continue to see new ATH or bear run will start early, that is why I don't discouge anybody that wants to sale and take profit, nobody knows if price will dump or pump. The important thing is to hold a reputable cryptocurrency like Bitcoin, also reputable altcoins like Ethereum are also good to hold but buying cryptocurrencies that have not gained reputation is risking your funds.

You're right because everyone who has made investment in crypto currency especially in bitcoin made it with an intention and target so it will be wrong to say that people should not sell because the fact is people have problems and needs so it will not be out of place for some to sell his crypto assets when the target that they really want to sell has been surpassed by the price of bitcoin.

One thing that people should be aware is that greed's kills and is not good for anyone just imagine someone buying bitcoin as of when let say the price of bitcoin was $30k and now bitcoin is has hit $100k and your still holding on to it you can easily sell and use the profit to invest back or put it into other areas

Ishicryptic

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For investors that wants to take profits in this bull run, they need to have a target price that they want to sale,if Bitcoin reaches that price then they should sale and take profits. I want to believe that the investors that were anticipating $100k before selling have done so, likewise those that are waiting for price to reach $150k before selling are eargaly waiting for the skyrocket. Lastly investors that are not planning to sale in this bull run are not among those that are speculating what price will be next year 2025. Nobody knows what Bitcoin price will be next year whether we will continue to see new ATH or bear run will start early, that is why I don't discouge anybody that wants to sale and take profit, nobody knows if price will dump or pump. The important thing is to hold a reputable cryptocurrency like Bitcoin, also reputable altcoins like Ethereum are also good to hold but buying cryptocurrencies that have not gained reputation is risking your funds.

Callido

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When mentioning crypto i don't think about including USDT because it is a stable currency and have no profits holding for the long run.

2025 will really be a good year for Bitcoin, at least we expect our ATH to happen by then. It's an optional journey and any one of us is free to participate by investing and holding without being bothered on the current price or some early market retracement.

It's good to understand the market, what we have is the Bitcoin season coming, Ethereum is correlated with Bitcoin that is the reason why both price swiftly move in line with each other, not just Ethereum alone some few others have same potentials. Enjoying Bitcoin perfect price movement, we also should be able to compose our minds against selling when the market begins to go bearish. This is normal way of the market, profits should be calculatedly measured and taken when due based on investors awareness.

Asiska02

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Quote from: EL MOHA on December 26, 2024, 10:52:01 AM

Why I said not selling next year might be a wrong advice is because most people have their profit target set and that could be triggered next year, to me there is nothing wrong or bad in taking profits it is even the essential reason for investing in the first place. So the advice should be take your profit when it triggers and hodl if you can for another extra four years

A lot of people miss out on this part mostly and they’re so into investing and holding that they forget about the main point of investing, which is taking profits in their investment. Next year happens to be the year that have been predicted for long for bitcoin to reach new heights, meaning when the bitcoin market will be in full fledged bull run, so waiting till next year to sell isn’t a bad idea in my opinion. The cryptocurrency market is very volatile and one cannot really tell what the exact next big price of bitcoin will be until the predicted time reaches. So, when you have a profit target, it is very important that you follow it up and make sure you obey it more and do what is right. Taking profit also relates to what risks you decide to take after investment, when your risk threshold is already broken above in favor of you, it is better to take profit when due.

Antotena

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Quote from: TEBTC on December 25, 2024, 06:34:15 PM

It's no longer news that 2025 is a defining moment for the crypto community so I won tell people way get crypto assets like bitcoin, Enthrium and USDT say make una no sell but make una keep am because next year the price of crypto currency move higher than ever before because market forecast dey show say the price go go well for crypto?

You are talking from the view of financial expert, if your predictions doesn't go as plan I hope you will make available money for people for their crypto investment.

Here is my take. Everyone invest in crypto for many reasons and for different period to hold. There are some people that are long term investors and short term investors, it's their way of investments and their right, so as long as your investment works for you, I have nothing to say but it's always good to look at the long term, that doesn't mean that market can't go down next year, this market is a speculative one and anything can happen.

What you should be anticipating is the growth of the crypto market. Nobody knows the Bitcoin price will reach where it's now today. This are the kind of thing you should be anticipating as a holder and not tell people that the market will go up next year. E get some people wey be say dem fit put you for mind if the price no go as you tell them, county don hard hope you know, no dy give people any how hope.

EL MOHA

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I think this advice is actually not the right advice if you ask me. Yes there is a very huge possibility of bitcoin (which is the realistic one) and other cryptocurrencies to increase in price next year except Stablecoins like usdt and do not move. This anticipated bull run is as a result of this year been the halving year and historically after every halving year the following year is followed by bitcoin price pump and also most of other Altcoins except dead projects. So there is high possibility that bitcoin could go upto like $150k next year or more.

Why I said not selling next year might be a wrong advice is because most people have their profit target set and that could be triggered next year, to me there is nothing wrong or bad in taking profits it is even the essential reason for investing in the first place. So the advice should be take your profit when it triggers and hodl if you can for another extra four years

TEBTC

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It's no longer news that 2025 is a defining moment for the crypto community so I won tell people way get crypto assets like bitcoin, Enthrium and USDT say make una no sell but make una keep am because next year the price of crypto currency move higher than ever before because market forecast dey show say the price go go well for crypto?

Topic: My Nigerian people come 2025 make una no sell una crypto assets make una hold am - page 2. (Read 260 times)