Topic: Sell in May and Go Away. What do you think? (Read 967 times)
don't be too hasty in making a decision, even though it's experiencing a rapid decline,Of course we have to be a little patient in investing What's more, in these few days the article price has started to improve, although it hasn't recovered 100%. But if you are still insistent on selling then wait for the appropriate price, so that we are not too low in selling it.
good strategy for long
if thats true, and bitcoin price will up and down on that time, it get better if you make point every month. you get profit better than just in one year. too simple, to judge or rate, but it can be some sign for people to alert themselves, if they want to sell their coin
If you have sold your coins when i made this thread. You should be have around 2x from your investment right now, but it seems most of people don't believe it and now your investment dropped almost 50%. What will you do right now? Buy more bitcoin as result of my polling, or just looking and regret you didn't sell it earlier?
hold or buy more BTC is the best way I think in this bear market...but I appreciate the thread you created, your prediction is correct that the Bitcoin market will decline after May and will likely continue to last until October. definitely at the end of the year, the price will go up again.
If you have sold your coins when i made this thread. You should be have around 2x from your investment right now, but it seems most of people don't believe it and now your investment dropped almost 50%. What will you do right now? Buy more bitcoin as result of my polling, or just looking and regret you didn't sell it earlier?
Vote the poll & give your reason.
You don't have the option "neither/other", so I didn't vote.
Since I'm not one of those that sell today and buy back tomorrow, I may sell, depending on the price and my needs, some sats here and there, but I'll mostly wait until 100k EUR/BTC.
I think that a HODL without sell and also without buy is closest to what I'll do, but that option also doesn't exist.
All in all it looks more an attempt to influence some than an actual poll...
I actually voted to buy more BTC in the dip and then HODL. But I might say your assumption that the OP is trying to influence some people here based on his "survey" is quite convincing, as it is a tool in psychology. Like surveys in election time where it can shape public opinion. Yes, those words is what I am looking for which is shaping public opinion. Since the survey points to buying more BTC then I would say I might have helped accomplish a good goal for everybody to ponder upon. Yes, don't follow the surveys, think and think twice.
As a HODLer, I don't think of selling any of my BTC right now. I'll wait for the market to recover and to continue rising again. But for the short-term investors, it must be annoying to see the price coming down.
I should have listened to you and sold it in early May. But it's too late.
Just hodl. Before you know it, the prices would recover once people start buying in again.
After all, what goes down must go up at some point.
I thought buy bitcoin and wait. I don't think it's time yet, but changing altcoins to btc and holding btc is more appropriate, bitcoins are very expensive and there is a possibility that bitcoin prices will go up but if altcoins are not right to be stored in the long term. so to save in the long term it is more appropriate to choose BTC.
It's time to buy. Let's get off with the idea that bitcoin is expensive. 1 btc = 1 btc. That will remain and won't change because there's also the same thought before.
When bitcoin was $1, I think there were some that said it to be expensive and the same goes when it has reached $100, $1k, $10k, $20k and so on.
From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?
Vote the poll & give your reason.
Note : You can't edit your poll once it submitted
BUY BTC AND HODL MORE!
Seeing that table with specific percentage in year to year basis arent bad to look at but doesnt mean that those things will be accurate nor precise for you to rely on when making your future or current decisions.
Its your call though if you do really believe into those things and it isnt bad to sell out half and secure it out but for me then any month would really be the best time to buy and hodl.
Majority will be minding off about short term profits and seeing these tallies will surely be boggling their minds now.
Yep there is no way I would look at that chart and make my decision based on it. There are so many other variables that influence the development of Bitcoin that a graph like that can't accurately reflect.
From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?
Vote the poll & give your reason.
Note : You can't edit your poll once it submitted
BUY BTC AND HODL MORE!
Seeing that table with specific percentage in year to year basis arent bad to look at but doesnt mean that those things will be accurate nor precise for you to rely on when making your future or current decisions.
Its your call though if you do really believe into those things and it isnt bad to sell out half and secure it out but for me then any month would really be the best time to buy and hodl.
Majority will be minding off about short term profits and seeing these tallies will surely be boggling their minds now.
I just found this when i tried to search more info about bitcoin earlier this day,
https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp
I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)
From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?
Vote the poll & give your reason.
Note : You can't edit your poll once it submitted
https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp
Quote
What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).
I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)
From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?
Vote the poll & give your reason.
Note : You can't edit your poll once it submitted
I put my vote on the poll in "don't care" because it is too reasonable. I don't think you had to decide now but do what your logical thinking tells you. And it will always work.
Let's just say that you didn't sell your assets this month and then the decreases came, you only had to keep those bitcoins and in the next first-second quarter next year and you will still recover and possibly gain more.
If you really needed finance now, then sell the half, or move to Bitcoin. You don't really need to care as you have it all now. I really don't think that the poll helped you as I can tell you've been very good at handling your assets. You'll never get where you are right now if you don't.
My opinion is based on the data you have here. It is simple. If its not the time this year, try it again next year. Principle will still be the same though.
I thought buy bitcoin and wait. I don't think it's time yet, but changing altcoins to btc and holding btc is more appropriate, bitcoins are very expensive and there is a possibility that bitcoin prices will go up but if altcoins are not right to be stored in the long term. so to save in the long term it is more appropriate to choose BTC.
I don't really understand those who are trying to make quick profits from such a market. I think about the prospect and of course if the market falls, it is better to buy and wait for its growth than to sell something in a falling market. In general, I do not see any signs of such a fall, large players entered the market at a bitcoin price level above 50 thousand dollars. If they go lower, this means fixing losses, and this is not correct from the point of view of long-term investments. Therefore, I am calm and just watching the development of events.
I haven't heard of this thing before, but I guess it can be true that summer isn't great for investments because people switch to vacations and relaxing, so resources are pulled out of many areas during this time. Looking at the picture regarding Bitcoin, though, it doesn't seem obvious that summer is worse than winter. There've been 5 years of January being pretty bad and 4 years of November, whereas June was actually fine most of the years and July being bad during 4 years (so the same as the allegedly good month of November). March, August and September seem to be the worst, so not pulling out at the end of February but doing it in May doesn't make much sense based on the data about Bitcoin.
Anyway, I'm not going to participate in these things because I don't care about short-term price changes. I sell when I need to and hodl when I can, and "sell in May and go away" thing ain't changing that.
Anyway, I'm not going to participate in these things because I don't care about short-term price changes. I sell when I need to and hodl when I can, and "sell in May and go away" thing ain't changing that.
I just found this when i tried to search more info about bitcoin earlier this day,
https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp
I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)
From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?
Vote the poll & give your reason.
Note : You can't edit your poll once it submitted
https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp
Quote
What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).
I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)
From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?
Vote the poll & give your reason.
Note : You can't edit your poll once it submitted
I don't believe in these old charts. These old pattern may not predict the correct future price actions. I think we will continue to see many more green months before we will enter in a bear market. Also this time the bear market may not be like -80% but may only be a 60% correction. We will wait and see how things unfold in coming months. Personally i have no plans to sell as yet.
These patterns also cannot take into account whether there is a new development on the horizon or not. Or any other eventualities. It is nice to look at the chart and maybe a little piece of information in overall considerations, but certainly not the criteria that determines my investment decisions.
I agree! In companies where it is fiat money that is involve, it is already hard to be 100% or just be 80% accurate as there might be some some unexpected event that could occur...what more in a market that is so volatile?..Next month there could be a successful trolling that can make bitcoin fall or there could be just single tweet about a huge company interested in acquiring btc as their asset and price surge will happen. It is just actually a battle of faith in btc future...but then I am still believing in btc good future in long term.
Talking about single vets with a lot of influence I don't believe it comes with great effects when a company announces it accepts a cryptocurrency. More so when it comes to new laws or regulations that severely could limit utility of cryptos and also put people at risk on the individual level if they possess or use cryptos.
In May when the bitcoin price has increased significantly I will try to sell 50% of my assets and enjoy the profit I get. but I will continue to wait until the price of bitcoin undergoes the next correction so that I can take advantage of buying bitcoin at a low price
what if i say buy in may and go away is that more appealing isnt it ? and this advice that i say is more common than the other .
go way dont means never come back because that is donating your money but we must have scheduled dates on when we come back .
we can follow on what is posted ,
we can buy and leave in may and then came back on october and november because this is the period crypto starts to pump .
go way dont means never come back because that is donating your money but we must have scheduled dates on when we come back .
we can follow on what is posted ,
we can buy and leave in may and then came back on october and november because this is the period crypto starts to pump .
If you are scared of price reduction, why dont you want to wait the storm in stablecoins?
About your graph - March and April were always the months of price reduction. During Summer there were either price stagnation or growth. But I suggest to hold if you are in Bitcoin and stay in stables if you are in alts. It looks like holding is the best option among all.
About your graph - March and April were always the months of price reduction. During Summer there were either price stagnation or growth. But I suggest to hold if you are in Bitcoin and stay in stables if you are in alts. It looks like holding is the best option among all.
Now the April month is going to end. So we can't expect some raise in the price the bitcoin.If you had a doubt have a check of bitcoin price today.Now the price of bitcoin crossed the 53k after a huge struggle. It was stable at 50k over a period.Now the same was change over to the next pump.Kindly hold further to get a decent profit from your holding bitcoin.
I just found this when i tried to search more info about bitcoin earlier this day,
https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp
I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)
From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?
Vote the poll & give your reason.
Note : You can't edit your poll once it submitted
https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp
Quote
What Is "Sell in May and Go Away"?
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).
"Sell in May and go away" is a well-known financial-world adage. It is based on the historical underperformance of some stocks in the "summery" six-month period commencing in May and ending in October, compared to the "wintery" six-month period from November to April. If an investor follows the this strategy, they would divest their equity holdings in May (or at least, the late spring) and invest again in November (or the mid-autumn).
I know that thread is talking about return of stock, not cryptocurrency, then i will show you this (bitcoin return on every month)
From this pic, we can take a conclusion if after May - Oct, bitcoin price seems more likely in "Red" instead of "Green". What do you think? Is this coincidence?
Vote the poll & give your reason.
Note : You can't edit your poll once it submitted
I don't believe in these old charts. These old pattern may not predict the correct future price actions. I think we will continue to see many more green months before we will enter in a bear market. Also this time the bear market may not be like -80% but may only be a 60% correction. We will wait and see how things unfold in coming months. Personally i have no plans to sell as yet.
These patterns also cannot take into account whether there is a new development on the horizon or not. Or any other eventualities. It is nice to look at the chart and maybe a little piece of information in overall considerations, but certainly not the criteria that determines my investment decisions.
I agree! In companies where it is fiat money that is involve, it is already hard to be 100% or just be 80% accurate as there might be some some unexpected event that could occur...what more in a market that is so volatile?..Next month there could be a successful trolling that can make bitcoin fall or there could be just single tweet about a huge company interested in acquiring btc as their asset and price surge will happen. It is just actually a battle of faith in btc future...but then I am still believing in btc good future in long term.
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