Non to be blamed, Invest>Hold & Sell

Hewlet

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Quote from: Obim34 on November 29, 2024, 01:12:28 PM

Make your investments, Hold then sell when in need and when you completely exhaust your budget and when you do so, nobody is to be blamed, it is the final stage of investment.

at the end, it's a matter of choice and the kind of plan you are working with. most of the people when de advocate for long term investment still know say a time go certainly reach when them go still sell their bitcoin holding and selling of ones bitcoin at any point in times no mean say bitcoin price go just DIP from that point, if you like sell am at $60k to $100k, you go still discover say if like say you hold the bitcoin for a longer period of time, you for de in a better profit.

if we tell ourselves the truth, a lot of people no really de realistic with the concept of long term investment and how profitable the thing really be. if we assume say in the next 10 years, say bitcoin go fit get to $500k, if you decide to de intentional about your bitcoin investment to that point and buy enough bitcoin at these prices when never even touch down on $100k, you know say e de had to invest in any other thing within that short range of time and see that kind of profit? taking profit at anytime you feel okay with is not a bad thing but the truth be say if you de buy bitcoin based on real profitability intention at heart, then doing so for the long term na him normally make sense pass.

Iamcrypticguy

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Navigating the Crypto world & Holding BGB Along..

Quote from: Nwada001 on November 29, 2024, 05:22:36 PM

I also keep telling people that bitcoin is not something that's meant to be held forever; if I need to decorate my place, I will go get some statues or flowers or something whose main use and purpose is for decoration.

Having so much belief in bitcoin is not bad, but holding it not for ever as if it's a magnet in your wallet is not a wise thing to do. No doubt long-term holding pays, but all profit can't be the person's own.

There will always be a worst time in the market. The best thing is to take profit when you can enter back the market when you can and don't make your judgement based on what others have profited or lost.

BTC is a digital currency that needed to be traded. Most people hold blindly, I'll suggest you HODL smartly and sell when you're profitable. I believe that's why we're all trading right? Profitability

Charles-Tim

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Quote from: Josefjix on November 29, 2024, 06:02:58 PM

If everyone agrees to hold and not sell their Bitcoin how's the Bitcoin network going to function? Selling your Bitcoin is another way of helping the network by providing liquidity on exchanges

We have further the discussion than that. Did you read this at all:

Quote from: Charles-Tim on November 29, 2024, 02:54:39 PM

Quote from: Obim34 on November 29, 2024, 02:46:14 PM

Just a few percentage of investors are building that initiative of passing their Bitcoin portfolio as an inheritance but even if it is what it is, the end usage of those assets still ends up to selling and taking profits.

Typically the market can't go without the buy and sell. I would likely want to sell my investment some day after my holdings and no confrontations as to why i did so or will i even if the price later increases, i do not mind nor put nobody (not even myself) to blame, i should be satisfied with how much profits i made on my own holdings.

You still do not understand. Example is this: Don't be like greg

Just to show the worth of bitcoin and nothing more. There is no way that people will not sell bitcoin. Some people are scalpers that buy and sell bitcoin with minutes. Some people are day traders while some are swing traders. Some people are short term investors while some people are long term investors. Some people can sell some of their bitcoin holdings and hold some for life. That is how people are and people know that. People have different strategies.

Also selling bitcoin is not about helping the bitcoin network. That should be another thread entirely as bitcoin network is not related to this. Also it is normal to buy and sell a valuable asset.

Josefjix

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yes

Quote from: Charles-Tim on November 29, 2024, 02:11:09 PM

Quote from: Obim34 on November 29, 2024, 01:12:28 PM

Make your investments, Hold then sell when in need and when you completely exhaust your budget and when you do so, nobody is to be blamed, it is the final stage of investment.

What do you mean about it is the final stage of investment?

The reason some people post not to sell is to show how holding in long term can be profitable, indicating that bitcoin is an appreciative asset in long term which people can let their children inherit.

If everyone agrees to hold and not sell their Bitcoin how's the Bitcoin network going to function? Selling your Bitcoin is another way of helping the network by providing liquidity on exchanges

nelson4lov

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Top Crypto Casino

There is one phrase that resonated with the Crypto Twitter (CT) community a few years ago and that's the "Sell and don't look back" phrase. It simply means whenever you sell a token, you do so without any future regrets if the token eventually appreciates in the future because these things happen but you'll save yourself a lot of emotional pain if you adopt that kind of mindset.

Things to keep in mind as we move further into this bull cycle:

1. If satisfied with profits gained, sell and never look back.

2. Don't hang on to missed opportunities for too long. There would always be more opportunities.

3. It's almost impossible to time top and bottoms. Even the best traders have a hard time doing that — no perfect timing.

4. There's always money to be made. You just have to be there.

Nwada001

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Merit: 673

I also keep telling people that bitcoin is not something that's meant to be held forever; if I need to decorate my place, I will go get some statues or flowers or something whose main use and purpose is for decoration.

Having so much belief in bitcoin is not bad, but holding it not for ever as if it's a magnet in your wallet is not a wise thing to do. No doubt long-term holding pays, but all profit can't be the person's own.

There will always be a worst time in the market. The best thing is to take profit when you can enter back the market when you can and don't make your judgement based on what others have profited or lost.

EL MOHA

sr. member

Activity: 602

Merit: 295

Quote from: uchegod-21 on November 29, 2024, 02:45:31 PM

Na Oyibo people understand this bitcoin pass. For that point wey you think say the price don rise well well, and you need to cash out, you go see microstrategy buy more. No time actually bad to buy and no time actually bad to sell if only you go still re-buy. In the end, na individual different styles matter.

If you make good profits, sell and don't wait to blame yourself when price go up again. What if the price comes fall from there. Just do the one wey satisfy your conscience.

There is actually a bad time to sell and the time is selling at loss, but i definitely get your point and it is something i also like to advice people on, as long as you have sold yet all the profits you have or hold is actually just an unrealized profit as such there is nothing wrong to actually take profits and sort out real life troubles if there is a problem to be solved, although only diamond hands (long term holders ) in bitcoin are those which the bitcoin price favored

But for Altcoins holdings which we all know people regret selling early when they later pump I will say do not refer it as long as your were able get from its. A profit taken is better than any amount of unrealized profit, if you’re holding Altcoins most especially very volatile ones the best strategy is to take out capital and some profits later and if it keeps pumping, take profits at intervals and then leave a moonbag later

Charles-Tim

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Leading Crypto Sports Betting & Casino Platform

Quote from: Obim34 on November 29, 2024, 02:46:14 PM

Just a few percentage of investors are building that initiative of passing their Bitcoin portfolio as an inheritance but even if it is what it is, the end usage of those assets still ends up to selling and taking profits.

Typically the market can't go without the buy and sell. I would likely want to sell my investment some day after my holdings and no confrontations as to why i did so or will i even if the price later increases, i do not mind nor put nobody (not even myself) to blame, i should be satisfied with how much profits i made on my own holdings.

You still do not understand. Example is this: Don't be like greg

Just to show the worth of bitcoin and nothing more. There is no way that people will not sell bitcoin. Some people are scalpers that buy and sell bitcoin with minutes. Some people are day traders while some are swing traders. Some people are short term investors while some people are long term investors. Some people can sell some of their bitcoin holdings and hold some for life. That is how people are and people know that. People have different strategies.

Obim34

sr. member

Activity: 224

Merit: 195

Quote from: Charles-Tim on November 29, 2024, 02:11:09 PM

Quote from: Obim34 on November 29, 2024, 01:12:28 PM

Make your investments, Hold then sell when in need and when you completely exhaust your budget and when you do so, nobody is to be blamed, it is the final stage of investment.

What do you mean about it is the final stage of investment?

The reason some people post not to sell is to show how holding in long term can be profitable, indicating that bitcoin is an appreciative asset in long term which people can let their children inherit.

Just a few percentage of investors are building that initiative of passing their Bitcoin portfolio as an inheritance but even if it is what it is, the end usage of those assets still ends up to selling and taking profits.

Typically the market can't go without the buy and sell. I would likely want to sell my investment some day after my holdings and no confrontations as to why i did so or will i even if the price later increases, i do not mind nor put nobody (not even myself) to blame, i should be satisfied with how much profits i made on my own holdings.

uchegod-21

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BTC, a coin of today and tomorrow.

Quote from: Marykeller on November 29, 2024, 01:42:09 PM

I keep telling people wey care to know, that Bitcoin investment na per head wey em be. Your profits and losses are on you, not on anyone else. You can sell your Bitcoin at any time wey you feel like without anyone's permission or explanation on why you are doing that because any decision you make, na you go live up with that. It's better to take up a decision that will be favorable to you, so that you no go later blame yourself of why you no sell your Bitcoin to sort out your problems.

Na Oyibo people understand this bitcoin pass. For that point wey you think say the price don rise well well, and you need to cash out, you go see microstrategy buy more. No time actually bad to buy and no time actually bad to sell if only you go still re-buy. In the end, na individual different styles matter.

If you make good profits, sell and don't wait to blame yourself when price go up again. What if the price comes fall from there. Just do the one wey satisfy your conscience.

Felicity_Tide

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Activity: 168

Merit: 138

cout << "Bitcoin";

I think the problem is actually been truthful. I also come across some threads that talks about investment and hodl, but only few discuss anything relating to selling. The truth is, everyone can not be the same. There are some people that can definitely invest and hold for a very long period of time, and maybe without any consideration to sell, while there are others that can't do the same.

Long term investment is very profitable, but can everyone do so without selling? I don't think so. At some point, people will definitely sell, while others will buy. That's how the market ought to work, though it's all depends on what hodlers wants to do with their holdings.

Charles-Tim

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Leading Crypto Sports Betting & Casino Platform

Quote from: Obim34 on November 29, 2024, 01:12:28 PM

Make your investments, Hold then sell when in need and when you completely exhaust your budget and when you do so, nobody is to be blamed, it is the final stage of investment.

What do you mean about it is the final stage of investment?

The reason some people post not to sell is to show how holding in long term can be profitable, indicating that bitcoin is an appreciative asset in long term which people can let their children inherit.

Marykeller

hero member

Activity: 1064

Merit: 501

I keep telling people wey care to know, that Bitcoin investment na per head wey em be. Your profits and losses are on you, not on anyone else. You can sell your Bitcoin at any time wey you feel like without anyone's permission or explanation on why you are doing that because any decision you make, na you go live up with that. It's better to take up a decision that will be favorable to you, so that you no go later blame yourself of why you no sell your Bitcoin to sort out your problems.

Obim34

sr. member

Activity: 224

Merit: 195

This topic is based on so many replies and topics as observed in the forum since the past days we began experiencing this massive price increase. Several topics concerning profits, selling too soon and many more which are being raised and sincerely i don't know the worth of those discussions.

I just want to make something clear, no matter how long we decide to hold our investment, in as much we can not hold forever that means we cannot possibly take all profits from the market, the mindset of we selling our investment then going back to compare with what we sold and per the current price shouldn't be raised at most. Our initiative of investing is to hold and sell for later profits, we only talk about holding longer in other to maximize our profits but then we should not also hold back from selling or criticize ourselves for selling at any point. Make your investments, Hold then sell when in need and when you completely exhaust your budget and when you do so, nobody is to be blamed, it is the final stage of investment.

Topic: Non to be blamed, Invest>Hold & Sell (Read 82 times)