Should I still hold the investment or sell it? - page 2.

sana54210

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Quote from: doomloop on December 04, 2023, 02:48:48 PM

Those who sell early, even if they have got a lot of profit based on when they made their purchases, will still regret their decisions when they see the highest prices of the cryptocurrencies they once had but sold them. If you have bought Bitcoin at $20k and then sold it at $40k but then you see Bitcoin hitting $100k during the bull run, how would you feel?

Yeah, as we can see how it is going up day by day, the answer is simple, you should keep holding as long as you can. Life is sad sometimes and you end up with a problem where you are forced to sell, unless something like that happens to you and you have the possibility of holding without worrying about money then I would say holding it is a lot more important.

I guess it is going to end up with something that will end up with an issue that has to be a little bit harder to handle. I know that it is going to be a bit of a trouble, because you will worry about the volatility when it goes down time to time but I am certain that the long term result will be that it will keep going up more and more for the near future and not go down much.

ancafe

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Quote from: southerngentuk on December 03, 2023, 04:57:31 AM

It's understandable to experience anxiety or sleepless nights when the value of your investments fluctuates significantly. If you're not comfortable with the volatility of Bitcoin, it might be wise to reconsider your investment strategy. Perhaps a more diversified portfolio that includes less volatile assets would be a better fit for your risk tolerance.

Selling your Bitcoin and keeping the money in the bank might provide you with peace of mind in the short term, but it also means missing out on potential long-term gains. Bitcoin has a history of significant price appreciation over time, and those who have held their investments for the long term have generally been rewarded. Remember, investing should be a source of empowerment and financial security, not stress and anxiety.

He has taken a good opportunity at Bitcoin and I think that regarding votalities is not a problem when he understands Bitcoin's journey. There are almost many forms of investment that involve risks and although the price of Bitcoin is far more fluctuating and can change so fast, but there is certainty regarding the risks he takes because it considers the tolerance of other investments also does not necessarily have no risks

Selling bitcoin and saving money at the bank is also quite risky because we never know how when the bank experiences bankruptcy they are willing to pay our money even though the chance is small. Storing money in a bank is also unproductive because we will see its value which will continue to decrease for each year and in the long run the money also cannot benefit because we put money in an unproductive place to make a profit. The risk will still have a comparable return value if done correctly and when someone does not dare to take risks, then the opportunity to produce maximum profits will be difficult to achieve.

doomloop

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Quote from: southerngentuk on December 03, 2023, 04:57:31 AM

It's understandable to experience anxiety or sleepless nights when the value of your investments fluctuates significantly. If you're not comfortable with the volatility of Bitcoin, it might be wise to reconsider your investment strategy. Perhaps a more diversified portfolio that includes less volatile assets would be a better fit for your risk tolerance.

Selling your Bitcoin and keeping the money in the bank might provide you with peace of mind in the short term, but it also means missing out on potential long-term gains. Bitcoin has a history of significant price appreciation over time, and those who have held their investments for the long term have generally been rewarded. Remember, investing should be a source of empowerment and financial security, not stress and anxiety.

Believe me, the regret when you see the price going up very high after you have sold early is more painful and makes you more restless than seeing the value of your assets or portfolio fluctuate, and I say that with experience and that's why I always recommend people to not panic after seeing short-term downfalls of Bitcoin or the market because once it goes up, you will have your wounds healed up pretty quick and the pleasure when you see your portfolio gaining value is extremely sweet.

Those who sell early, even if they have got a lot of profit based on when they made their purchases, will still regret their decisions when they see the highest prices of the cryptocurrencies they once had but sold them. If you have bought Bitcoin at $20k and then sold it at $40k but then you see Bitcoin hitting $100k during the bull run, how would you feel?

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Quote from: southerngentuk on December 03, 2023, 04:57:31 AM

It's understandable to experience anxiety or sleepless nights when the value of your investments fluctuates significantly. If you're not comfortable with the volatility of Bitcoin, it might be wise to reconsider your investment strategy. Perhaps a more diversified portfolio that includes less volatile assets would be a better fit for your risk tolerance.

try not to be affected on how? maybe stop checking your folio when the market is not in good shape, because on that? you will forget to feel that bad for a while and yeah wait for your turn to earn.

Quote

Selling your Bitcoin and keeping the money in the bank might provide you with peace of mind in the short term, but it also means missing out on potential long-term gains. Bitcoin has a history of significant price appreciation over time, and those who have held their investments for the long term have generally been rewarded. Remember, investing should be a source of empowerment and financial security, not stress and anxiety.

lol , you are in Bitcoin forum but you are advising people to invest or leave their money in bank? are you serious about this ?
we are here to support and to invest bitcoin and BS bank must not be in any table here.

kotajikikox

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Quote from: philipma1957 on December 03, 2023, 12:36:40 PM

Op never replied. Oh well.

or maybe he is busy checking the Campaign applications lol

Quote from: Lidger on November 26, 2023, 12:32:23 PM

Quote from: ?? on ??

Quote from: AB de Royse777 on November 26, 2023, 11:24:13 AM

▶️ You must have minimum 50 merits in the last 120 days

I think you should withdraw this application because only those who have minimum 50+ merit in 120 days can apply in this campaign.

instead of replying in his own thread here .

But for me personally , I don't think that there is a need to sell because he seems not to be needing the money for now so why not continue holding till the bull comes or even more longer .

Franctoshi

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Op, if you had invested your hard-earned then you got it wrong in the first place, investment into digital assets like Bitcoin is done with the money you can spare to avoid attaching emotions into your investment, you are lucky that you entered the market in the right time or when the market is going in your favor, else you would have learned some lessons by now and your savings would have tanked if we were to be in a bear market. However, you still have the opportunity to pull out of the market and only keep the amount you can be patient with, that is an amount you can afford to lose because Bitcoin isn't a get-rich-quick business, it requires some amount of time “HODL” to get positive results.

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Quote from: Sim_card on November 30, 2023, 05:46:37 AM

Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.

Investing in bitcoin has a lot of risks, and that includes dropping its price when you least expect it. So most probably, OP is just worried that his investment might not work and his capital will not grow unlike other investors have experienced. Its actually normal for beginner investors but as you get used to the market's volatility, you will realized that there is less to worry about while seeing bitcoin has a lot of potentials to grow and become more valuable.

This is the reason why one should never invest more than he can afford to lose. Investment is a business, there are times you fall down and lose, and there are times you go up and win. So always invest within your risk.

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Op never replied. Oh well.

bestcoins1

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Quote from: southerngentuk on December 03, 2023, 04:57:31 AM

It's understandable to experience anxiety or sleepless nights when the value of your investments fluctuates significantly. If you're not comfortable with the volatility of Bitcoin, it might be wise to reconsider your investment strategy. Perhaps a more diversified portfolio that includes less volatile assets would be a better fit for your risk tolerance.

I think that currently there are no investors who are not happy with their investment in Bitcoin because those who are still saving and holding Bitcoin very well up to now must have seen quite good profits through the amount of investment they have made. Because the price increase is starting to look so significant that holders don't need to worry about this, moreover this is quite a good thing for those who still believe in Bitcoin. Meanwhile, those who are still too afraid of risk and prefer assets that do not change easily in the market will not get maximum profits at this time.

Quote

Selling your Bitcoin and keeping the money in the bank might provide you with peace of mind in the short term, but it also means missing out on potential long-term gains. Bitcoin has a history of significant price appreciation over time, and those who have held their investments for the long term have generally been rewarded. Remember, investing should be a source of empowerment and financial security, not stress and anxiety.

That is quite appropriate to say at this time to those who are still stressed and still feel anxious about the potential profits from Bitcoin. So it wouldn't be wrong for you to tell them to stop investing and withdraw their money back to the bank, although in my opinion this is not a good enough solution for anyone to implement. Because almost everyone is currently taking advantage of this quite positive moment for profit or to restore the value of their assets which was reduced due to the decline in prices last year.

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Quote from: Fakhrulenclix on December 03, 2023, 03:04:26 AM

Quote from: Zigabel on December 03, 2023, 01:39:34 AM

Quote from: Lidger on November 25, 2023, 08:08:21 AM

Thinking whether to sell the investment or not I thought I should share the matter in the forum and I will get the best solution from the forum that's why I am sharing the matter in the forum whether I should hold on to my investment or sell it now.
I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.

Keep Hodling in the nearest future Bitcoin will definitely surpass it's current price but just before than there will be a slight drop in price but I doubt if it will go below $25k again, since you wouldn't be needing the funds anytime soon, instead of leaving it idle in the Bank it will be good if you keep Hodling till after the bull run by 2025 they you can sell and be sure to make good profit from your investment, at that time regardless of you needing the money or not it will be in your best interest to sell and rather invest in another business, that way you stay optimal with your investment and ROI and in less than no time it will turn out you must have accumulated multiple investments.

There is nothing certain about the movement of Bitcoin but we can see a brighter future with all the speculation and huge possibilities so I think there is nothing to worry about.
Regarding continuing to hold or reselling based on needs and desires, we cannot control what will happen in real life but for reasons of panic and the possibility of greater profits I am sure all Bitcoin holders in particular have the same belief now.
Throughout this year we continue to see a positive trend and it is beyond many people's expectations, the halving will happen in the near future and many people predict that we will see better prices, so why should we hesitate about that.

All matters with risks taking or risk factor on which a certain person or investor would really be that having whether they would really be that going forward or would really be that securing profits.
Just like on what been said that everything would really be that depending on someones risk management because not all would really be having the risks on making decisions in regarding to this.
Cant really deny that it do really boggles up our mind on the time that we are winning on which it would really makes us tempted to sell out when we do see gains on which it is really just that normal
since we do really give out importance on making profits in the first place. So taking it early wont really be that a bad idea either. So its a personal choice of op
whether he would really be taking profits early or not.

southerngentuk

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It's understandable to experience anxiety or sleepless nights when the value of your investments fluctuates significantly. If you're not comfortable with the volatility of Bitcoin, it might be wise to reconsider your investment strategy. Perhaps a more diversified portfolio that includes less volatile assets would be a better fit for your risk tolerance.

Selling your Bitcoin and keeping the money in the bank might provide you with peace of mind in the short term, but it also means missing out on potential long-term gains. Bitcoin has a history of significant price appreciation over time, and those who have held their investments for the long term have generally been rewarded. Remember, investing should be a source of empowerment and financial security, not stress and anxiety.

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Quote from: Zigabel on December 03, 2023, 01:39:34 AM

Quote from: Lidger on November 25, 2023, 08:08:21 AM

Thinking whether to sell the investment or not I thought I should share the matter in the forum and I will get the best solution from the forum that's why I am sharing the matter in the forum whether I should hold on to my investment or sell it now.
I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.

Keep Hodling in the nearest future Bitcoin will definitely surpass it's current price but just before than there will be a slight drop in price but I doubt if it will go below $25k again, since you wouldn't be needing the funds anytime soon, instead of leaving it idle in the Bank it will be good if you keep Hodling till after the bull run by 2025 they you can sell and be sure to make good profit from your investment, at that time regardless of you needing the money or not it will be in your best interest to sell and rather invest in another business, that way you stay optimal with your investment and ROI and in less than no time it will turn out you must have accumulated multiple investments.

There is nothing certain about the movement of Bitcoin but we can see a brighter future with all the speculation and huge possibilities so I think there is nothing to worry about.
Regarding continuing to hold or reselling based on needs and desires, we cannot control what will happen in real life but for reasons of panic and the possibility of greater profits I am sure all Bitcoin holders in particular have the same belief now.
Throughout this year we continue to see a positive trend and it is beyond many people's expectations, the halving will happen in the near future and many people predict that we will see better prices, so why should we hesitate about that.

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Quote from: Lidger on November 25, 2023, 08:08:21 AM

Thinking whether to sell the investment or not I thought I should share the matter in the forum and I will get the best solution from the forum that's why I am sharing the matter in the forum whether I should hold on to my investment or sell it now.
I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.

Keep Hodling in the nearest future Bitcoin will definitely surpass it's current price but just before than there will be a slight drop in price but I doubt if it will go below $25k again, since you wouldn't be needing the funds anytime soon, instead of leaving it idle in the Bank it will be good if you keep Hodling till after the bull run by 2025 they you can sell and be sure to make good profit from your investment, at that time regardless of you needing the money or not it will be in your best interest to sell and rather invest in another business, that way you stay optimal with your investment and ROI and in less than no time it will turn out you must have accumulated multiple investments.

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Quote from: legendbtc on November 27, 2023, 04:16:38 AM

I don't know why you and the OP like to rely on other people's advice about selling or holding your bitcoins. But for me, when investing I have my plan and I will always follow it. Second, only I understand what situation I am in, what I need and what I want. So only I know which option is best for me. People only give advice based on your story, they are not you and are not in your situation. How can they know what you are thinking and what you want?

Sometimes people wants advise because they have no knowledge about market therefore they conclude from the decisions of others and then take further action. It doesn't mean that do whatever other says but it means that use a concluded mixture of decision instead of preferring only a single decision. The situation of every person is different but taking suggestions is not a bad thing but it helps individuals to overcome hurdles by watching to his condition as well as suggestions of others. Other can only give you suggestions but cannot force you to must to the suggested advice therefore positive thoughts sometimes make you an expert trader.

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Quote from: Lidger on November 25, 2023, 08:08:21 AM

I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.

Particularly for this remark, I advise you to leave the money and let it earn more for you. Everything about Bitcoin is all positive now, so you do not have any reason to rush, and when you are lucky enough to had struck the market at a lower price that is more favourable, there should not panic in holding it as long as your equity sustains it. If it were to be last year, 2 and 3 years ago, I would have told you to liquidate your position. But this time, there are more expectations for bullish movements, and since you do not have any immediate need for the money as claimed, why not contiue to hold it and make more money? Can you imagine what you would have with the same position if you left it for months and Bitcoin moved back to its ATH or even higher?

The choice is yours, but if I were you, I would definitely leave the money there.

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Quote from: iBaba on December 01, 2023, 12:48:55 PM

Quote from: Sim_card on November 30, 2023, 05:46:37 AM

Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.

My advise to him will always be for him to hold it instead of selling it. Bitcoin will continue to increase in value in the years to come due to the level at which people will continue to move towards the direction of digital currency in the future. Hence, the a need for one to continue to invest in cryptocurrency.

Although one may argue that they are solely entitled to whatever decision they make in terms of their financial life, however, there is this beautiful feeling of achievement that comes when you can control your financial expenses and whenever you are able to record laudable financial growth.

If you dont need money then holding would be the best choice and its a stress free kind of situation but if you do want to maximize possible profitability then you could really be able to make money with those buy low sell high kind of strategy but it would really be that so simple and it would really be taking so much time and patience on this thing and its not really for anyone but if you could really be able to do such thing then it would be your choice. I do agree on others people been saying that it would really be just that depending into your own choice because its your money then if you do see that you are making money
then its not a bad idea to secure those profits but if you are really that holding for long then holding will be the best choice.

Sell it if you do feel on doing it, same goes for holding since each one of us does have that kind of preference when it comes to things, so it would be just that a normal
approach.

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Quote from: mich on December 01, 2023, 04:29:39 AM

Well I think we are going to start a 'bull market' very soon now. So this is not a good time for you to sell your Bitcoin. Just continue to hodl it and more profits will come when we have another halving in 2024.

If you do not want to listen to that then listen to MicroStrategy. They just bought another $600 Million worth of Bitcoin around 16,000 more. I am always more 'bullish' when people like that begin to buy more.

The best time to sell is when we have achieved our goals and are satisfied with the profits. So, if OP is already profitable, has completed the plan, and needs money for other things, this is still a good time to sell. Furthermore, I see OP is not too sure about his investment, he is still skeptical about bitcoin. That's not good for his long-term investment, so selling is good for him.

The upcoming bull market doesn't mean there won't be any more big drops. If he doesn't have enough confidence in bitcoin, he will sell at a loss when a correction occurs, so selling now isn't too bad for him.

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Quote from: Sim_card on November 30, 2023, 05:46:37 AM

Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.

My advise to him will always be for him to hold it instead of selling it. Bitcoin will continue to increase in value in the years to come due to the level at which people will continue to move towards the direction of digital currency in the future. Hence, the a need for one to continue to invest in cryptocurrency.

Although one may argue that they are solely entitled to whatever decision they make in terms of their financial life, however, there is this beautiful feeling of achievement that comes when you can control your financial expenses and whenever you are able to record laudable financial growth.

mich

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Well I think we are going to start a 'bull market' very soon now. So this is not a good time for you to sell your Bitcoin. Just continue to hodl it and more profits will come when we have another halving in 2024.

If you do not want to listen to that then listen to MicroStrategy. They just bought another $600 Million worth of Bitcoin around 16,000 more. I am always more 'bullish' when people like that begin to buy more.

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Quote from: carlfebz2 on November 30, 2023, 07:31:49 AM

Quote from: Tony116 on November 30, 2023, 07:03:37 AM

Quote from: Sim_card on November 30, 2023, 05:46:37 AM

Why are you having sleepless night because you invested in bitcoin, since you were not ready to buy bitcoin then you shouldn't have bought it so that you don't put yourself into this tension that you are in. Bitcoin price is doing well and if you sell off and keep the money in the back, then maybe that is when you will have rest of mind so I will advice you to do what will give you rest of mind rather than worries. You should also remember that fiat depreciates with time. I have my bitcoin investment and I am pleased with leaving it for a very long period of time.

If you have advised him to do what he feels most comfortable with then you don't need to say this. Furthermore, that amount is only worth $152, so the loss of fiat value won't affect him much. You shouldn't make him more stressed.

In my opinion, he should learn more about bitcoin to understand it better and then he will make his own decision, whether to continue holding bitcoin or exchange it for fiat currency. Bitcoin is really good when its holders understand it, but if they don't understand anything about it, it's best for them not to invest in bitcoin because investing in bitcoin, in addition to bringing profits, also has risks involved.

Not really that bad to make some sell because if his mind and emotion do really tells him on doing so then it would be better on following that one because if you are really that following on someones advise and it do ends up for it to be bad or negative then for sure you would really be having that regret or would really be blaming out someone on the advise that they do give because it didnt turn out to be good.
This is why if you do make out investment then it would really be that better that you should be following on the decision that you are making and not on others but its not bad to see some comments
for at least you do able to read up some insights.

If you've been able to make profits then its not bad to secure those profits and its better to secure it out than to lose those profits if ever the market would really be going down.
Basing up on the movement then it is been that long time that we are really moving that sideways and now that the price is trying to climb up gradually
then it isnt bad to snip out those profits and cherish it out to bring out that ease of mind.

One thing I see many bitcoin investors are forgetting is that "taking profits is never wrong". Many people gradually become too greedy and set goals that are too far away that they are not even sure about. Although the future potential of bitcoin is still huge, we are not sure about it and everyone has their own plans. As long as we are happy with what we have, there is nothing wrong with taking profits or selling bitcoin now.

The opportunity to invest in bitcoin and make profits will always be there for us as long as bitcoin still exists. This is not a one-time opportunity so we should stick to our plan and make decisions according to our circumstances. Don't force yourself to do things that you don't feel comfortable with.

Topic: Should I still hold the investment or sell it? - page 2. (Read 1095 times)