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Local => Nigeria (Naija) => Topic started by: promise444c5 on April 25, 2024, 01:25:38 PM



Title: Don't sell in loss
Post by: promise444c5 on April 25, 2024, 01:25:38 PM

Bitcoin has been  in Dip for some couple of weeks lately  before and even after the long awaited BTC halving, although there were some scenarios of btc losing values to other alts because of the congestion of its mempool leading to high transaction  fee after halving period which also contributed  to more  Dip   .
However at this period ,don't be overclouded by your Emotions towards selling your BTC in loss  just because  you aren't  getting  the kind of result you thought you should  because  most people  thought the Bull run will begin immediately  after the halving, even some analyst might have claimed that  but remember  that those were all Speculations  of future event.

Thus, at this period  many alot of long term investors will be separated from short term investors,I hope you aren't  one of them...
Besides reviewing the previous halving there were dips compared to the volatility  of the bitcoin market then ,I made a thread about the review of the halving pattern Check Here (https://bitcointalk.org/index.php?topic=5480665.msg63454022#msg63454022)

Let's  take a look again,just as I've  posted In the thread

https://www.talkimg.com/images/2024/01/06/sNlOw.jpeg

Color code

|   Red:    Halving |

|   Blue:   ATH      |

Those are the keys above add I think the table is self explanatory.

Now lets start our review from 2016,
We started with $434   and we had a low of around $351, well not too  low comparing, now checking  the following  year, we had $966as start which means there had been a bullish market towards the ending of 2016 since its  high was around  $981.
Now when we take a look at the following  same scenario  repeat  itself in 2020 and 2021...

This is 2024 It's  seem we had some early bull which was before the halving and even gave us new ATH  but we are yet to see our  bull run that was too early for a bull run maybe... Not taking to hard, our bull run might not follow the previous  halving  pattern we might even have a early bull run, even  any moment from now  so my give out will be
Keep your holdings and Don't sell in loss


Title: Re: Don't sell in loss
Post by: EL MOHA on April 25, 2024, 03:13:49 PM
First of all the table it self needs updating, you can fill in that of year 2023 which had a closing price of $42,200 (you can do your research and confirm for an accurate price) and lowest price would be that $16,537.

Now to the main post I think the bull run as always been predicted to come months after the halving, base on past history many predicted the last quarter of the year to kick start it. The reason why they were different speculations later was because of the mini bull run we had that caused even a new all time high this according to many experts is based on the approval of ETF as the institutions went big on buying and it increased the demand that got the price increased.

What I will say do not follow predictions that bitcoin will raise in so so months just have a price target and if it reaches there then take your profits. This requires patience and that’s why from onset the idea was to invest what you can afford to win. Bitcoin might not even follow all the speculations on it but with patience it will definitely come to your profit level


Title: Re: Don't sell in loss
Post by: Charles-Tim on April 25, 2024, 03:22:08 PM
This is 2024 It's  seem we had some early bull which was before the halving and even gave us new ATH  but we are yet to see our  bull run that was too early for a bull run maybe
If you check the past halvings and bullrun, you will notice that this time is still too early for bullrun to begin. Although, we can not say it is too early because the bull run can begin at anytime but with previous ones, it is still early. Bullrun can begin after many weeks or some months after halving but it is not even yet more than a week before the last halving which occured 5 days ago.


Title: Re: Don't sell in loss
Post by: DubemIfedigbo001 on April 25, 2024, 05:02:52 PM
Bitcoin has been  in Dip for some couple of weeks lately  before and even after the long awaited BTC halving, although there were some scenarios of btc losing values to other alts because of the congestion of its mempool leading to high transaction  fee after halving period which also contributed  to more  Dip   .
However at this period ,don't be overclouded by your Emotions towards selling your BTC in loss  just because  you aren't  getting  the kind of result you thought you should  because  most people  thought the Bull run will begin immediately  after the halving, even some analyst might have claimed that  but remember  that those were all Speculations  of future event.
Any investor who have waited until now after the halving and is planning to panic sell is just planning to leave the party when its just getting started. Checking from history, you'll understand that the pump in price doesn't start immediately after the halving, it takes a little while for the markets to feel the scarcity, and the law of demand and supply starts affecting bitcoin price positively.

Its important you hold at least for a year so that you'll get get good profits before selling, if at all you should sell. From researches and observing the bitcoin halving chart properly shows that the ATH is achieved after a year or more of bitcoin halving, so do not lose hope, keep holding and your reward would be massive.


Title: Re: Don't sell in loss
Post by: Cryptomultiplier on April 25, 2024, 05:36:20 PM
This is 2024 It's  seem we had some early bull which was before the halving and even gave us new ATH  but we are yet to see our  bull run that was too early for a bull run maybe
If you check the past halvings and bullrun, you will notice that this time is still too early for bullrun to begin. Although, we can not say it is too early because the bull run can begin at anytime but with previous ones, it is still early. Bullrun can begin after many weeks or some months after halving but it is not even yet more than a week before the last halving which occured 5 days ago.
Past experience has kind of created a trend that can be easily learned from after an event like the halving happens, and an investor who is wise knows that there's the time when profit is made from investment, so the best advice is always to HODL and wait for the right moment.

It is frankly too early for the bull run to happen, but it is sure to happen within three to six months after this halving and because Bitcoin has performed well as a currency, more investors who trust the value it has by fulfilling its purpose of being a profitable return on investment opt for it, and that's why it remains number one.


Title: Re: Don't sell in loss
Post by: Frankolala on April 25, 2024, 06:59:48 PM
Bull run does not occur immediately after the halving which should be put into consideration before taking any action of selling because of little dip. It is a norm that bitcoin price fluctuates due to its nature, and the little dip is part of it. The only people that can panic and sell due to small dip, are those who bought bitcoin early this year due to FOMO the bull run, or those who bought when bitcoin price was at 68k and above.

Investors who are long term hodlers willnot panic but wait patiently for the long awaiting bull run to come at the right time. Short term investors who are weak hands might fall for this trap, because some of them might is the money for their important needs to invest when the price increased to 70K, believing it will just keep pumping.


Title: Re: Don't sell in loss
Post by: Antotena on April 25, 2024, 07:11:22 PM
This is 2024 It's  seem we had some early bull which was before the halving and even gave us new ATH  but we are yet to see our  bull run that was too early for a bull run maybe... Not taking to hard, our bull run might not follow the previous  halving  pattern we might even have a early bull run, even  any moment from now  so my give out will be
Keep your holdings and Don't sell in loss

In my opinion, I don't think what he have tasted can regarded as bull run but I know for sure that we are not in bear market, this is just pre hype of the market. I checked the previous bull run and some of the coins that pick up up before the main Bitcoin halving, many coins like Theta did 20x and even Cardano had a lot of pump before the halving but I think the crash that happened last year isn't given some people the trust to come back again.

We may see a big boom in the altcoins market but I'm not sure much about Bitcoin, the price looking to expensive for the price to double and people are not looking to see much return on investment on Bitcoin like before. I think from this price, we should expect a max pump of 5x from this place before 2025.


Title: Re: Don't sell in loss
Post by: Zigabel on April 25, 2024, 07:55:59 PM
OP you have a good speculation as it regards the price of Bitcoin all through the period of various halving to this present o e we are experiencing and the breaking through of new ATH a d aswell the Bull run that follows and very importantly which you did mentioned is in the current aspect of Bitcoin seeming to introduce what looks like a different pattern from the regular because the early bull run actually caused a whole lot of panic in the market and some persons for some moments weren't decisive enough and the fact that Bitcoin is now maintain its price around the $60k resistance and not seeming to break far below may actually be that it may break a much bigger ATH by the next bull run.

Any how Sha make every body dey on guard because anything fit happen but no go rush sell your Coin especially if you been buy when the price been dey up because the price go still go up again so na to just dey patient small no go sell now wey price don come down and you go loose money.


Title: Re: Don't sell in loss
Post by: DaNNy001 on April 25, 2024, 08:07:03 PM
This is 2024 It's  seem we had some early bull which was before the halving and even gave us new ATH  but we are yet to see our  bull run that was too early for a bull run maybe... Not taking to hard, our bull run might not follow the previous  halving  pattern we might even have a early bull run, even  any moment from now  so my give out will be
Keep your holdings and Don't sell in loss

In my opinion, I don't think what he have tasted can regarded as bull run but I know for sure that we are not in bear market, this is just pre hype of the market. I checked the previous bull run and some of the coins that pick up up before the main Bitcoin halving, many coins like Theta did 20x and even Cardano had a lot of pump before the halving but I think the crash that happened last year isn't given some people the trust to come back again.

We may see a big boom in the altcoins market but I'm not sure much about Bitcoin, the price looking to expensive for the price to double and people are not looking to see much return on investment on Bitcoin like before. I think from this price, we should expect a max pump of 5x from this place before 2025.

One thing am certain is that no matter what happens, Bitcoin nai be the coin wey me I sabi as I no dey for anything wey concise altcoins although me I support say the price of some altcoins go pump oo but I no know wether you don even see the way the market dey be with altcoins project, because na two two seconds the thing dey take pump and then drop and Incase you come go buy enter mumu coins na be say ma brother your own na otilo.


Title: Re: Don't sell in loss
Post by: EluguHcman on April 25, 2024, 09:53:55 PM
The Bitcoin halving is not projected to be the only time Investors can be proud of their holdings to say they have made profits.

Imagine Investors who bought around august 2023 during when Bitcoin price was within $25K-$26K and they hodled til we realized the last ATH $76K, I guess that is also a good count of profitablity which short terms investors can be good to sell their coins.

Indeed long term Investors would always be separated from the short term Investors by differential of panicking emotions to quick selling off their coins due to market sentiments.

If any who's in haste to selling off their Coins at this point of time should be blamed, then it should be those newly investors who bumped into the Bitcoin industry as at the halving with the analysis that the all expecting bull-run would come immediately after the halving probably they felt based on the speculations that the right time to o make it very big by the bull would be around the corner. So, it is as much advisable to say... Do not panic neither be sentimental or quick to the sell of your funds even if you have made profits or you are counting losses.
Keep holding in time and you will in time surely get to that point of your expectations be you short term Investors.


Title: Re: Don't sell in loss
Post by: I_Anime on April 25, 2024, 09:54:32 PM
This is 2024 It's  seem we had some early bull which was before the halving and even gave us new ATH  but we are yet to see our  bull run that was too early for a bull run maybe
If you check the past halvings and bullrun, you will notice that this time is still too early for bullrun to begin. Although, we can not say it is too early because the bull run can begin at anytime but with previous ones, it is still early. Bullrun can begin after many weeks or some months after halving but it is not even yet more than a week before the last halving which occured 5 days ago.

Exactly, is still too early for bull run to begin . Base on the previous halvings in normally takes months or weeks before the bull run go start . The now say bitcoin dey in a point of dip or increase in price, that's why it's moving to afro from the range of $60k. This year bullish trend dey one kind (like the bull trend really strong) because normally bitcoin for dun experience massive dip before the main bull run but instead it's moving from the range of $60k . But if bitcoin manage to pass $80k e dun finish be that it's let stop will be $100k

While if Bitcoin dip below $58k , just know say buying the dip dun initiate be that because e go further dip and many low coiners and those wey miss out due some certain reason go happy because they have been given another opportunity to tag in , in this gopden opportunity in investing in Bitcoin.

Keep holding in time and you will in time surely get to that point of your expectations be you short term Investors

That's the goal mate  ,to keep buying and holding . And just hope for the best   ;D I thought last year that calling this year and last the year of greens was over exaggerating . After seeing Bitcoin performance this year shows that this year and next year is truly the year of greens tho we can't tell but still There's no harm in hoping for the best  8)


Title: Re: Don't sell in loss
Post by: promise444c5 on April 27, 2024, 06:32:40 PM
Almost forgot to add LFC_Bitcoin  speculation ....
I bolded the main point in his post

Bitcoin has so far shown close symmetry through its four year halving cycles. That may not continue forever but whilst the miners block reward is still quite significant, I think that halving it will continue to cause supply shock which will reflect in the price.

https://talkimg.com/images/2024/01/17/345uo.png

I mean for example, as we head to 2040, that type of supply halving may not cause as much of a price rise as the 2024 halving will have.

I certainly believe that for at least another three cycles we will see history repeat and significant all time highs will happen 12-18 months after the halving.

Eventually the halving will have less of an effect on the price, Bitcoin will be a more mature asset and less volatile.
Embrace the volatility whilst it is here though, it is your friend, if you know what you’re doing.


Title: Re: Don't sell in loss
Post by: Kelward on April 27, 2024, 07:51:55 PM
From my observation many newbies de expect bull run to start immediately after halving, but as e no come happen like that, many of dem come de panic, unto say price fit continue to de dip and dem go wan sale di Bitcoin wey dem de hodl. Dis na my first halving experience and I don carry out research to understand say bull run no de happen immediately after halving, e go take some months before e go start. So infact na opportunity to de accumulate if person get di money, as di price still de dip, because for di peak of bull run na correct ROI de await di patient investors.


Title: Re: Don't sell in loss
Post by: kentrolla on April 27, 2024, 08:22:13 PM
First of all people need to understand that's there is no guarantee of bullrun immediately post halving as some are in this illusion and they need to set their expectations right that there may be even further fluctuations and Bitcoin may dip even further it's the testing phase so we need to hold on your our assets else we will end up as a loser if we sell at low. People just need to avoid the funds and stop checking price every minutes atleast till bull run.


Title: Re: Don't sell in loss
Post by: Belarge on April 27, 2024, 10:12:13 PM
First of all people need to understand that's there is no guarantee of bullrun immediately post halving as some are in this illusion and they need to set their expectations right that there may be even further fluctuations and Bitcoin may dip even further it's the testing phase so we need to hold on your our assets else we will end up as a loser if we sell at low. People just need to avoid the funds and stop checking price every minutes atleast till bull run.
I've finalized my decision, Crypto is not for the weak and it takes only the strong to survived this space. Always pushing forward for strong connection and hoping for progressive measures. I know it's not easy but some decisions are worth our energy. The halving was overhyped as it'd been expected to be. I'm learning every single incident that happen in the market and we should acknowledge the fact that Cryptocurrency is risky and having the best results this season.


Title: Re: Don't sell in loss
Post by: promise444c5 on April 28, 2024, 07:13:58 PM
From my observation many newbies de expect bull run to start immediately after halving, but as e no come happen like that, many of dem come de panic, unto say price fit continue to de dip and dem go wan sale di Bitcoin wey dem de hodl. Dis na my first halving experience and I don carry out research to understand say bull run no de happen immediately after halving, e go take some months before e go start. So infact na opportunity to de accumulate if person get di money, as di price still de dip, because for di peak of bull run na correct ROI de await di patient investors.
Buying the dip has always beena opportunity  to accumulate  more at lesser price for Investors and I will consider it a double opportunity  for Accumulators who uses the DCA strategy for buying bitcoin.
I guess many alot of individuals  who are still new  are now panicking  because  they were expecting  and immediate pump just as they've  heard from medias and analyst  they might definitely  end selling Kinloss and when the time profit comes entry might be too late then ...
Note that does not mean an investment  shouldn't have an exit limit but that would be another day for Bitcoin  as its  not just an ordinary  coin which can just crash , dump just like other altcoins, there will surely  be a ROI just have faith
Keep holding mates


Title: Re: Don't sell in loss
Post by: odunybiz on May 03, 2024, 11:46:09 PM
First of all people need to understand that's there is no guarantee of bullrun immediately post halving as some are in this illusion and they need to set their expectations right that there may be even further fluctuations and Bitcoin may dip even further it's the testing phase so we need to hold on your our assets else we will end up as a loser if we sell at low. People just need to avoid the funds and stop checking price every minutes atleast till bull run.

This is the reason while I always say  this space is only for the patient ones. Cypto can remain unpredicted after using all fundamental analysis. This is while traders still lose some trades even after enough study of the market movement. Bullrun can come anytime soon, so it is advisable for one to just hold on to his bags.


Title: Re: Don't sell in loss
Post by: DubemIfedigbo001 on May 04, 2024, 06:08:35 AM
First of all people need to understand that's there is no guarantee of bullrun immediately post halving as some are in this illusion and they need to set their expectations right that there may be even further fluctuations and Bitcoin may dip even further it's the testing phase so we need to hold on your our assets else we will end up as a loser if we sell at low. People just need to avoid the funds and stop checking price every minutes atleast till bull run.

This is the reason while I always say  this space is only for the patient ones. Cypto can remain unpredicted after using all fundamental analysis. This is while traders still lose some trades even after enough study of the market movement. Bullrun can come anytime soon, so it is advisable for one to just hold on to his bags.
Definitely, its never for the impatient ones because the price of BTC is really so unpredictable, all you can do is just wait for the bull run to commence, no matter how long it chooses to take, all we must do is wait and continue waiting until its with us. I noticed some upward trend in the price of btc after the recent dip, its increased by almost 6% in the last 24 hours. Personally I don't feel too happy if the bull run has started already, I was thinking its going it takes some more time cos I'm not done with my accumulation target before the bull run 8).
I want more gains, but it seems the bull run is  robbing me gently, but what can we do than embrace it fully if its finally here.


Title: Re: Don't sell in loss
Post by: Zackz5000 on May 04, 2024, 08:55:05 AM
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.


Title: Re: Don't sell in loss
Post by: Africolo on May 04, 2024, 09:30:31 AM
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.


Title: Re: Don't sell in loss
Post by: liasbaa on May 04, 2024, 11:15:09 AM
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.
Investors who sold in DIPs surrendered their investment strategy due to panic. They failed to execute their strategy perfectly even though they needed to sell at a higher price. They should be needed to continue longer to get the desired exposures. Holding continuously during bear markets guarantees your profit for the future BTC is only a long term investment.


Title: Re: Don't sell in loss
Post by: Adams0001 on May 04, 2024, 01:37:12 PM
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.

Anyone who sells bitcoin at a loss does so for one of two reasons, first, he is afraid of losing his fund and anyone who is afraid of losing hasn't gained enough knowledge about bitcoin yet, he just try to buy since is hearing that if you invest you will profitable, so he decided to sell it at a loss so that he won't lose everything. Second, he may be an emergency, and he doesn't have another way to solve the problem, so he will try to sell bitcoin at a loss or profit to solve the problem. Bitcoin is an excellent investment and if you know much about it, you will never want to leave your wallet empty without investing in bitcoin. If you read about bitcoin carefully, you will notice that if you want to be profitable on it you should just make a long-term investment and you will never regret it because if you invest in it and leave it for two to three years without touching it, you will definitely see a difference. even if it is not a large profit, you will be profitable, which is why bitcoin will continue to be the leader among all coins.


Title: Re: Don't sell in loss
Post by: Josefjix on May 04, 2024, 02:47:18 PM
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.
We shouldn't afford to missed out on golden opportunities, because they're one of the good steps to make and withdrawing free table profits. Bitcoin have been the top project in cryptocurrency and we ought to understand the basic principles guarding the space and ensure we're always making available alternatives in places where our main target fails. Bitcoin have always been the top trends in the market and we should always trade with caution because any slight mistakes made, we are open to receive heavy losses which we basically will not entertain.


Title: Re: Don't sell in loss
Post by: Judith87403 on May 04, 2024, 05:51:19 PM
Any how Sha make every body dey on guard because anything fit happen but no go rush sell your Coin especially if you been buy when the price been dey up because the price go still go up again so na to just dey patient small no go sell now wey price don come down and you go loose money.

Na true na this time no be the time to sell at all because the price still they very down and selling now go results to lost of money especially for people way buy when the price they very high, the thing be say patience na him be the determining factor when it comes to investment because e they obvious say the market no go always move the way we expect am, at times e go come down and sometimes e go move up but one thing way they important is patient, however one of the things way I like about Bitcoin be say no matter how the price go drop reach with time e go surely come back to the normal price and even break am go more further, so I don't think their is need to panic.


Title: Re: Don't sell in loss
Post by: rachael9385 on May 04, 2024, 07:14:14 PM
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.
All this opportunities nah watin person no suppose to miss at all because as e dip today we no dey sure say e go dip soon again. And if any body try gather the small one wey em go fit now and em still gatter tomorrow nah double opportunities. Some people dey fear say as Bitcoin drop during the dip, say e no go high again, but nah I only person wey no sabi the circles of Bitcoin nai dey sell with fear and lose. I agree say the main reason why we dey hold for long nah because say we win make big profits.


Title: Re: Don't sell in loss
Post by: Mate2237 on May 04, 2024, 08:12:26 PM
From my observation many newbies de expect bull run to start immediately after halving, but as e no come happen like that, many of dem come de panic, unto say price fit continue to de dip and dem go wan sale di Bitcoin wey dem de hodl. Dis na my first halving experience and I don carry out research to understand say bull run no de happen immediately after halving, e go take some months before e go start. So infact na opportunity to de accumulate if person get di money, as di price still de dip, because for di peak of bull run na correct ROI de await di patient investors.

Not only newbies but also senior members and some people think say di price of bitcoin go come down in the halving but things turn around that bitcoin price was on the high and e come add the transaction fee wey been de y lime rocket Star. But many people were still hoping that the price will go up and this recent downturn of the price comes they spoiled their mind the more. And as the price comes dey come up again nai their mind come dey sweet them.

And di wey I see things like this, the price go stay like this for sometimes before it will go up.


Title: Re: Don't sell in loss
Post by: Belarge on May 07, 2024, 11:25:54 PM
All this opportunities nah watin person no suppose to miss at all because as e dip today we no dey sure say e go dip soon again. And if any body try gather the small one wey em go fit now and em still gatter tomorrow nah double opportunities. Some people dey fear say as Bitcoin drop during the dip, say e no go high again, but nah I only person wey no sabi the circles of Bitcoin nai dey sell with fear and lose. I agree say the main reason why we dey hold for long nah because say we win make big profits.
The bull and bear season, we selects our best choice and ensure we're eating in profits as usual. Bitcoin de dip, that one na normal thing and make we just continue to observed our strategies wether e de favour us or we go change am ASAP, because nobody wan de waste time again for projects wey no go give better money. Opportunities de come and e de go, make we just stay one lane and observed how our lives go change if we used our head wella for better thing.


Title: Re: Don't sell in loss
Post by: Dailyscript on May 08, 2024, 12:56:10 AM
All this opportunities nah watin person no suppose to miss at all because as e dip today we no dey sure say e go dip soon again. And if any body try gather the small one wey em go fit now and em still gatter tomorrow nah double opportunities. Some people dey fear say as Bitcoin drop during the dip, say e no go high again, but nah I only person wey no sabi the circles of Bitcoin nai dey sell with fear and lose. I agree say the main reason why we dey hold for long nah because say we win make big profits.
The bull and bear season, we selects our best choice and ensure we're eating in profits as usual. Bitcoin de dip, that one na normal thing and make we just continue to observed our strategies wether e de favour us or we go change am ASAP, because nobody wan de waste time again for projects wey no go give better money. Opportunities de come and e de go, make we just stay one lane and observed how our lives go change if we used our head wella for better thing.
Changing strategies when things start fallen out of place is a good idea but it is difficult to do that because an investor is now acquainted to the current strategy unless he is ready to as well change his goals or target. Because changing strategies would either speed up the accumulation process or reduce the pace at which the investor accumulate.

If the cause of changing a strategy is as a result of low finances which may happen if an investor is being demoted or sacked from work then it will surely hinders his investment. In such cases DCA cannot be practiced, the investor would only invest when he has disposable money which is not certain to come monthly until he gets a new job or called back to work. Many factors that cause change of strategies can be discussed but this is the most popular i have seen.


Title: Re: Don't sell in loss
Post by: promise444c5 on May 08, 2024, 06:29:35 AM
~
Although, I'm not sure about the strategy you're emphasising on but what I know is that an investor must chose a strategy  that will favour him on both sides either in the bull or bear
For example, interm of buying  bitcoin an investor  who  chooses  the DCA buying strategy  will have nothing to worry in bear and in bull  because  every bear will still give him the opportunity  to buying  the dips without  worries ..


Title: Re: Don't sell in loss
Post by: AVE5 on May 08, 2024, 06:50:03 AM
Bull run does not occur immediately after the halving which should be put into consideration before taking any action of selling because of little dip. It is a norm that bitcoin price fluctuates due to its nature, and the little dip is part of it. The only people that can panic and sell due to small dip, are those who bought bitcoin early this year due to FOMO the bull run, or those who bought when bitcoin price was at 68k and above.

Investors who are long term hodlers willnot panic but wait patiently for the long awaiting bull run to come at the right time. Short term investors who are weak hands might fall for this trap, because some of them might is the money for their important needs to invest when the price increased to 70K, believing it will just keep pumping.

You're right and I agree with you. Certainly there has been Investors who doesn't make hay when there's a significant increase in the market, believably every investors are in to make profits in this quest but there are little dreamers and big dreamers which lies between the Investors goals.
Short term investors are too grief with the markets conditions and are usually around the corner hoping for little increment so that they could sell and have that insights to had made profits meanwhile that little rise was just a significant to shadow that the market condition could be approaching to a huge amount when the investors could actually feel that they've met with the investment ATH in a better State of time to sell but yet there could still be Investors hodling stably until the point of their goal is achieved.

It's important to always have an investment goal so that you can always stay unpanicking without craving to sell at the wrong time.
This is why long term Investors are more commended in being at the best state of Crypto investment with the markets volatility nature.


Title: Re: Don't sell in loss
Post by: GIF-JOBS on May 09, 2024, 04:11:09 AM
Of course we will get good returns from bitcoins only we have to hold. If we sell at a loss now, and if it increases tomorrow, then we will only regret it. So we need to take that final step now so that we don't regret tomorrow because no one knows when Bitcoin will rise, anytime it can cross 100K. So always be prepared and hold, don't worry about selling.


Title: Re: Don't sell in loss
Post by: Barikui1 on May 09, 2024, 08:11:45 AM

Bitcoin has been  in Dip for some couple of weeks lately  before and even after the long awaited BTC halving, although there were some scenarios of btc losing values to other alts because of the congestion of its mempool leading to high transaction  fee after halving period which also contributed  to more  Dip   .
However at this period ,don't be overclouded by your Emotions towards selling your BTC in loss  just because  you aren't  getting  the kind of result you thought you should  because  most people  thought the Bull run will begin immediately  after the halving, even some analyst might have claimed that  but remember  that those were all Speculations  of future event.

Thus, at this period  many alot of long term investors will be separated from short term investors,I hope you aren't  one of them...
Besides reviewing the previous halving there were dips compared to the volatility  of the bitcoin market then ,I made a thread about the review of the halving pattern Check Here (https://bitcointalk.org/index.php?topic=5480665.msg63454022#msg63454022)

Let's  take a look again,just as I've  posted In the thread

https://www.talkimg.com/images/2024/01/06/sNlOw.jpeg

Color code

|   Red:    Halving |

|   Blue:   ATH      |

Those are the keys above add I think the table is self explanatory.

Now lets start our review from 2016,
We started with $434   and we had a low of around $351, well not too  low comparing, now checking  the following  year, we had $966as start which means there had been a bullish market towards the ending of 2016 since its  high was around  $981.
Now when we take a look at the following  same scenario  repeat  itself in 2020 and 2021...

This is 2024 It's  seem we had some early bull which was before the halving and even gave us new ATH  but we are yet to see our  bull run that was too early for a bull run maybe... Not taking to hard, our bull run might not follow the previous  halving  pattern we might even have a early bull run, even  any moment from now  so my give out will be
Keep your holdings and Don't sell in loss

My brother, to tell you the truth, person wey sell at this point na him do him self oo, because just imagine say I been don dy hold since, na now wey be dieing minutes nai I go come go sell? No na, even my ancestors no go happy with me if I fuck up like that, unless na person wey just come into the crypto industry go sell now, particularly at a loss because of fear say e no go fit recover.

So just as the historical figures wey the op don list down already, it shows that comes rain sunshine Bitcoin will always rally back and reward his loyalist or it patient holders, so it's best that we hold firmly even wen we dy tempted to sell, abeg na dieing minutes we dy now, no be this time we surpose give up, think and act wisely abeg.


Title: Re: Don't sell in loss
Post by: Uhwuchukwu53 on May 11, 2024, 04:18:19 PM
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.

Yes that is right, that is why any one investing in Bitcoin need to gather knowledge by studying the market and how the system work it's not all about investing but getting it right. One thing is to invest another is to make profit by allowing the market through observing the thing that makes investor make the real profit and this can't come without good knowledge. Every dip is opportunity to accumulate as much as one can why awaiting the bull, it's even more profitable to buy and hold for long if the investor is of good plan before investing by keeping some fund or emergency fund that can help not to rush into selling when the market is not favourable, these are achievable with good knowledge.


Title: Re: Don't sell in loss
Post by: Jaycoinz on May 11, 2024, 06:14:36 PM
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.
We shouldn't afford to missed out on golden opportunities, because they're one of the good steps to make and withdrawing free table profits. Bitcoin have been the top project in cryptocurrency and we ought to understand the basic principles guarding the space and ensure we're always making available alternatives in places where our main target fails. Bitcoin have always been the top trends in the market and we should always trade with caution because any slight mistakes made, we are open to receive heavy losses which we basically will not entertain.
Before person go say him wan get to do anything wey concerned Bitcoin the person for don first know the full or small details of how things are done so if you make any mistake or sell your coins at a loss then dat one na you sabi. Many Bitcoin investors today all get different idea on their investment plans so for them to buy Bitcoin and save am na dem still know when dey okay for them to sell am.


Title: Re: Don't sell in loss
Post by: DubemIfedigbo001 on May 11, 2024, 07:26:56 PM
My brother, to tell you the truth, person wey sell at this point na him do him self oo, because just imagine say I been don dy hold since, na now wey be dieing minutes nai I go come go sell? No na, even my ancestors no go happy with me if I fuck up like that, unless na person wey just come into the crypto industry go sell now, particularly at a loss because of fear say e no go fit recover.

So just as the historical figures wey the op don list down already, it shows that comes rain sunshine Bitcoin will always rally back and reward his loyalist or it patient holders, so it's best that we hold firmly even wen we dy tempted to sell, abeg na dieing minutes we dy now, no be this time we surpose give up, think and act wisely abeg.
Selling is very bad at this dine minute and should be discouraged and avoided at all costs, this is the best advise on bitcoin investment as at now, but I'll love to look at this very topic from another perspective.

What if on the adventure of a life threatening issue arising and the reserved funds of the investor couldn't settle the issue, what does he do considering the intensity and delicacy of such issue?.
Should he sell his holdings, or should he go ahead and borrow money5 with interests while waiting for the bull run to arrive, so he pays off his debts with the possible gains he will get at the end of the bull run?.

I think I would advise him to sell off and attend to his emergency instead of borrowing funds and waiting to recover with  bull run. Truth is nobody knows when exactly the  bull run will come, we just await it than Borrowing money and keep accumulating interests, it might grow more than what the bull run would give you as profit and you desired   end up more frustrated


Title: Re: Don't sell in loss
Post by: rachael9385 on May 11, 2024, 07:28:07 PM
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.
We shouldn't afford to missed out on golden opportunities, because they're one of the good steps to make and withdrawing free table profits. Bitcoin have been the top project in cryptocurrency and we ought to understand the basic principles guarding the space and ensure we're always making available alternatives in places where our main target fails. Bitcoin have always been the top trends in the market and we should always trade with caution because any slight mistakes made, we are open to receive heavy losses which we basically will not entertain.
Before person go say him wan get to do anything wey concerned Bitcoin the person for don first know the full or small details of how things are done so if you make any mistake or sell your coins at a loss then dat one na you sabi. Many Bitcoin investors today all get different idea on their investment plans so for them to buy Bitcoin and save am na dem still know when dey okay for them to sell am.
From my observations, I done feel am say nah person wey no get mind for bitcoin nai dey sell em coins at lose, and many newbies to crypto space them feel am say Bitcoin nai be something wey dey give quick money, so when them no dey get money as them dey expect am them go just sell in loss. Yes no doubt, many get their own ideas and strategies wey them dey use get am clear for the crypto world and before you choose the kind of strategy you won use for the investment you go also need to get the knowledge so that you go fit make your own choice on the strategy wey you go use.


Title: Re: Don't sell in loss
Post by: Grace333 on May 13, 2024, 06:41:57 AM
From the statistics table provided by the op, any investors who sell now will only end up running into loss. Before now, the prediction of the bull is $150k and that is possible because other halving have done likewise. Those who sell now will only come to a realisation that they have just made one of the biggest mistake, except they are selling to buy more at that dip. But one thing is certain, we don know how and what the next movement of Bitcoin would be, do selling now might even lead to loss, as this might even be the dip. Bitcoin investment is not for the weak, and if you must short term trade, you must be smart. However long term trader are the ones benefiting more from Bitcoin because they exercise more patient.
in Bitcoin investment you are to put in what you can't afford to loose unlike altcoins that are mixed up with scam project, Bitcoin being the first and the greatest is the most trustworthy and efficient coin for saving your money. If you think saving in fiat currency is the best idea, you are wrong because, inflation is by the corner infection our currency serious and we don't even know the future of the value our currency would hold in some few years from now. But it's certain that Bitcoin will rise as demand cut across the supply chain.


Title: Re: Don't sell in loss
Post by: sotelorene on May 15, 2024, 08:34:28 AM
Anyone who has the plan of moving forward in life I don't see any reason why he/she will sell when theeir investment is on loss and the initial reason for investment is to make profit after some period of time though sometimes pressing issues may arise and some people will sell but there also people that no matter any issues they won't sell.


Title: Re: Don't sell in loss
Post by: Cityhunter34 on May 29, 2024, 01:09:32 PM
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.

Yes that is right, that is why any one investing in Bitcoin need to gather knowledge by studying the market and how the system work it's not all about investing but getting it right. One thing is to invest another is to make profit by allowing the market through observing the thing that makes investor make the real profit and this can't come without good knowledge. Every dip is opportunity to accumulate as much as one can why awaiting the bull, it's even more profitable to buy and hold for long if the investor is of good plan before investing by keeping some fund or emergency fund that can help not to rush into selling when the market is not favourable, these are achievable with good knowledge.
Nothing but the truth, sometimes I used to wonder why anyone would think of selling his Bitcoin when the price is DIP instead of them thinking how they can accumulate more Bitcoin into their investment, because as a good investor it's when Bitcoin price is DIP that is when they always buy more Bitcoin and hold for a long term investment, however that's why is always necessary for us to keep some fund for emergency challenge because once you have income you will be able to withstand any challenges that comes your way, without touching your investment.


Title: Re: Don't sell in loss
Post by: Tungbulu on May 30, 2024, 04:03:36 AM
From my observation many newbies de expect bull run to start immediately after halving, but as e no come happen like that, many of dem come de panic, unto say price fit continue to de dip and dem go wan sale di Bitcoin wey dem de hodl. Dis na my first halving experience and I don carry out research to understand say bull run no de happen immediately after halving, e go take some months before e go start. So infact na opportunity to de accumulate if person get di money, as di price still de dip, because for di peak of bull run na correct ROI de await di patient investors.
This na exactly the reason why newbies must first try to gather the necessary knowledge wey them need before them enter the crypto space, so that them no go loose guard their money all because of ignorance.

I been hearing one person for this forum wey talk say e tell him friends say make them buy enough bitcoin before the halving, because after halving, bitcoin price go shoot go moon, actually wetin e tell them na true but e for also try tell th say this process dey usually take time and no be immediately something.

According to this person, him friends them rush buy because them trust am, but after halving, them come dey witness different something, them come dey disappointed, e come be like their friend lie for them, meanwhile wetin e tell them na true but e no tell them everything, them come end up to sell when them dey already dey lose money because of fear say them fit lose all their money for dip.


Title: Re: Don't sell in loss
Post by: Promocodeudo on May 31, 2024, 06:00:46 AM
As a holder selling Bitcoin when the price dip is not a right decision to make, when there is loss, a bitcoiner  should  see it as an opportunity to accumulate more Bitcoin not to sell, the sole purpose of investing in Bitcoin is for a longterm so that all the benefits that comes with long-term holdings can be tapped by individual investors, premature decisions should not be part of this investment, as a matter of clarity, I strongly believe that as an intending and existing investor in Bitcoin, we should have known all the seasons embedded in Bitcoin by now, we should be use to the waves thats bound to take place, in Bitcoin investment, every season has its own benefit and disadvantage, it is normal because bitcoin market instability has something to do with its existence so it will be nice if we understand this common fact so that we won't shiver once loss is encountered,
As for me I understand this already and at any point in time am not ready to mess up my holding just because of minor market correction or declination in price instead of me to bother myself with this inevitable events I rather occupy my mind with means of accumulating more of this coin.


Title: Re: Don't sell in loss
Post by: teamsherry on June 01, 2024, 01:06:02 AM
That's a very good advice, many peopel our of fear and panic sell their crypto in loses when if they held longer they woudl have raped the fruit if their havest in bitcoin but instead they let fear overwhelm them into selling so early and in lose, but to me ots not how many times you fall is how many times you rise back, you have to get back on your feet and buy again and start holding again and next time do better.


Title: Re: Don't sell in loss
Post by: Abbatty on June 01, 2024, 10:55:43 AM

Bitcoin has been  in Dip for some couple of weeks lately  before and even after the long awaited BTC halving, although there were some scenarios of btc losing values to other alts because of the congestion of its mempool leading to high transaction  fee after halving period which also contributed  to more  Dip   .
However at this period ,don't be overclouded by your Emotions towards selling your BTC in loss  just because  you aren't  getting  the kind of result you thought you should  because  most people  thought the Bull run will begin immediately  after the halving, even some analyst might have claimed that  but remember  that those were all Speculations  of future event.

Thus, at this period  many alot of long term investors will be separated from short term investors,I hope you aren't  one of them...
Besides reviewing the previous halving there were dips compared to the volatility  of the bitcoin market then ,I made a thread about the review of the halving pattern Check Here (https://bitcointalk.org/index.php?topic=5480665.msg63454022#msg63454022)

Let's  take a look again,just as I've  posted In the thread

https://www.talkimg.com/images/2024/01/06/sNlOw.jpeg

Color code

|   Red:    Halving |

|   Blue:   ATH      |

Those are the keys above add I think the table is self explanatory.

Now lets start our review from 2016,
We started with $434   and we had a low of around $351, well not too  low comparing, now checking  the following  year, we had $966as start which means there had been a bullish market towards the ending of 2016 since its  high was around  $981.
Now when we take a look at the following  same scenario  repeat  itself in 2020 and 2021...

This is 2024 It's  seem we had some early bull which was before the halving and even gave us new ATH  but we are yet to see our  bull run that was too early for a bull run maybe... Not taking to hard, our bull run might not follow the previous  halving  pattern we might even have a early bull run, even  any moment from now  so my give out will be
Keep your holdings and Don't sell in loss

How can someone who is serious about his investment will then panic and sell, sha mostly people wey they panic and sell na people wey de new into crypto or people whey no get patience for their investment. Sometimes you no go blame some people why them de panic and sell, most people why invest no de really get anything to fall back to, like dem no get anything wey dem de do  apart from crypto. Like I will always advice anybody why wan invest for bitcoin to have at least something else doing, so he we won’t panic when he need emergency funds and also you won’t panic wen bitcoin is falling because what really keeps the patience is having a steady income.

Make I use this medium advice most newbies who don use invest or de plan to invest in the future, make sure you have a source of steady income before you invest, because to make profit for bitcoin requires patience, and a lot of patience so if you no get where you de get your steady income you go definitely run out of patience and e go make you sell at a loss. Or other emergencies fit come up and u no go get choice than to sell even at a loss.


Title: Re: Don't sell in loss
Post by: Hardyrobust on June 01, 2024, 12:16:57 PM
Before you venture into bitcoin investment you should have a plan on how to go about your bitcoin accumulation.the strategy that will be favorable for you , but I would prefer dca method of accumulating bitcoin because with this method you be able to have an emergency fund which will make you not to temper with your bitcoin portfolio .moreso ,the duration of your investment should be part of your plan ,how long you intend to hold ,is it 4-10 years or longer.The reason why most people sell their bit coin even when there investment is still at early stage is because of lack of trust in bitcoin, that is why once bit coin dip they begin to panic forgetting that bitcoin is volatile and selling the little they have in their portfolio


Title: Re: Don't sell in loss
Post by: kentrolla on June 01, 2024, 07:38:54 PM
Before you venture into bitcoin investment you should have a plan on how to go about your bitcoin accumulation.the strategy that will be favorable for you , but I would prefer dca method of accumulating bitcoin because with this method you be able to have an emergency fund which will make you not to temper with your bitcoin portfolio .moreso ,the duration of your investment should be part of your plan ,how long you intend to hold ,is it 4-10 years or longer.The reason why most people sell their bit coin even when there investment is still at early stage is because of lack of trust in bitcoin, that is why once bit coin dip they begin to panic forgetting that bitcoin is volatile and selling the little they have in their portfolio

I have been doing DCA for a while now and to be honest it's one of the best decision of my live when it comes to crypto because when we do DCA we don't have to bother about pump and dump because we will keep accumulating and after a years or so if you look at the price you will be surprised to know your profit. The majority of us make the mistake of getting into day trading as a part time players which is the root cause for failure because trading cannot be part time stuff.


Title: Re: Don't sell in loss
Post by: obuoma on June 02, 2024, 12:33:02 AM
Before you venture into bitcoin investment you should have a plan on how to go about your bitcoin accumulation.the strategy that will be favorable for you , but I would prefer dca method of accumulating bitcoin because with this method you be able to have an emergency fund which will make you not to temper with your bitcoin portfolio .moreso ,the duration of your investment should be part of your plan ,how long you intend to hold ,is it 4-10 years or longer.The reason why most people sell their bit coin even when there investment is still at early stage is because of lack of trust in bitcoin, that is why once bit coin dip they begin to panic forgetting that bitcoin is volatile and selling the little they have in their portfolio

I have been doing DCA for a while now and to be honest it's one of the best decision of my live when it comes to crypto because when we do DCA we don't have to bother about pump and dump because we will keep accumulating and after a years or so if you look at the price you will be surprised to know your profit. The majority of us make the mistake of getting into day trading as a part time players which is the root cause for failure because trading cannot be part time stuff.
Does it mean that using the DCA method will not make one to sell his bitcoin anymore? Let me ask, assuming you are doing DCA now that we are relatively in a bull season and you continued unto bear season, what will you do when you see the bitcoin you buy at higher prices going down in worth after you watched them go so high maybe when we will see the high of this bull season. Holding bitcoin is good and I am started doing that now but the only challenge is knowing when to sell some or all the bitcoin. Maybe I will learn about this in the forum because I can see that there is so much information here, just that finding the information sometimes takes time.


Title: Re: Don't sell in loss
Post by: liasbaa on June 02, 2024, 09:16:39 AM
Before you venture into bitcoin investment you should have a plan on how to go about your bitcoin accumulation.the strategy that will be favorable for you , but I would prefer dca method of accumulating bitcoin because with this method you be able to have an emergency fund which will make you not to temper with your bitcoin portfolio .moreso ,the duration of your investment should be part of your plan ,how long you intend to hold ,is it 4-10 years or longer.The reason why most people sell their bit coin even when there investment is still at early stage is because of lack of trust in bitcoin, that is why once bit coin dip they begin to panic forgetting that bitcoin is volatile and selling the little they have in their portfolio

I have been doing DCA for a while now and to be honest it's one of the best decision of my live when it comes to crypto because when we do DCA we don't have to bother about pump and dump because we will keep accumulating and after a years or so if you look at the price you will be surprised to know your profit. The majority of us make the mistake of getting into day trading as a part time players which is the root cause for failure because trading cannot be part time stuff.
Like you I choose to deposit bitcoins in DCA method which doesn't worry me during various pumping and dumping. I decided to run DCA for a long period of time to increase the size of my bitcoin stash on a large scale. The amount deposited each time should be arranged in such a way that there is no shortfall in the daily needs of the family. Even during the bearish season, we increase the amount of purchases, which accumulates more bitcoins at the same price in the future.


Title: Re: Don't sell in loss
Post by: Churchillvv on June 02, 2024, 09:57:49 AM
Before you venture into bitcoin investment you should have a plan on how to go about your bitcoin accumulation.the strategy that will be favorable for you , but I would prefer dca method of accumulating bitcoin because with this method you be able to have an emergency fund which will make you not to temper with your bitcoin portfolio .moreso ,the duration of your investment should be part of your plan ,how long you intend to hold ,is it 4-10 years or longer.The reason why most people sell their bit coin even when there investment is still at early stage is because of lack of trust in bitcoin, that is why once bit coin dip they begin to panic forgetting that bitcoin is volatile and selling the little they have in their portfolio

I have been doing DCA for a while now and to be honest it's one of the best decision of my live when it comes to crypto because when we do DCA we don't have to bother about pump and dump because we will keep accumulating and after a years or so if you look at the price you will be surprised to know your profit. The majority of us make the mistake of getting into day trading as a part time players which is the root cause for failure because trading cannot be part time stuff.
Like you I choose to deposit bitcoins in DCA method which doesn't worry me during various pumping and dumping. I decided to run DCA for a long period of time to increase the size of my bitcoin stash on a large scale. The amount deposited each time should be arranged in such a way that there is no shortfall in the daily needs of the family. Even during the bearish season, we increase the amount of purchases, which accumulates more bitcoins at the same price in the future.
Apparently you're very correct, but at some point I usually say that people should have a reverse in their thinking in order not to get into some kind of trouble while DCAing to bitcoin. at some point in time if you're not earning enough as before all you have to do is reduce your investment capital until you begin to have enough again, since we are not being forced into it we should do it with our discretion.

Things you must put into consideration is to always have your emergency funds so you don't end up looking for what to feed on when the time comes because it's very important to feed yourself first before investment.


Title: Re: Don't sell in loss
Post by: promise444c5 on June 02, 2024, 10:49:07 AM
at some point in time if you're not earning enough as before all you have to do is reduce your investment capital until you begin to have enough again, since we are not being forced into it we should do it with our discretion.


Things you must put into consideration is to always have your emergency funds so you don't end up looking for what to feed on when the time comes because it's very important to feed yourself first before investment.
True I agree with you!

There's no need to go aggressive over one's investment, reducing the investment till when one is back to its regular inflow or more maybe then an increase could also be considered .
Like you said, emergency fund is very important to avoid dipping one's investment  when the need arise and there's  little or no available  fund to carry it .


Title: Re: Don't sell in loss
Post by: Roseline492 on June 02, 2024, 10:53:27 AM
Does it mean that using the DCA method will not make one to sell his bitcoin anymore? Let me ask, assuming you are doing DCA now that we are relatively in a bull season and you continued unto bear season, what will you do when you see the bitcoin you buy at higher prices going down in worth after you watched them go so high maybe when we will see the high of this bull season.

Every individual is of there own decision on how they will like there investment to be and is also believe that there are several methods at which people use, which could be long term holding, short term or even trading, so when they talk about DCA method doesn't necessarily mean that is mandatory or by force that you will not sell your investment but however the use of DCA method is mostly contrary to the short term investment or trading because is majorly focus on long term so if your intentions are for long term investment I see no reason while Bitcoin price movement will change your mindset that you would decide to sell off your investment instead of holding. Also the interesting thing about holding is that even if there was a serious bull market or rather bull season and you are still holding till the bear season came it will not still affect your investment because in the future the price will still be higher than that.


Title: Re: Don't sell in loss
Post by: sotelorene on June 05, 2024, 02:49:12 PM
It is also good when investing in Bitcoin you should think of long term investment and try to make use of the DCA strategy where you buy on regular interval either weekly or monthly.

And in other not to sell in loss when investing in Bitcoin one need to prepare for the ups and downs of it, keep a reserve fund where you can able to use and settle your emergency when the need arises in other not to temper with your hodling when the market is a dip. Also invest what you can afford to loss.

Every dip is an opportunity to buy more and not to sell, whoever sell at dip do not understand how the Bitcoin price works, it's no brainer to use Bitcoin for daily expenses if you must hodl it should be for a long term expectation and only sell at profit ( the whole holding plan is to make profit) and then take advantage of a dip ans to buy again. Rinse and repeat.

You are absolutely right, the dip period is the time for investing and i think most people who invest in this period are people with low funds and sometimes traders etc, people without enough money will wait till the price get to where there money can afford before they will invest and traders also wait for price to dip so that can invest and after investing, any positive movement that is uptrend or bull run they will take their profit and wait for dip again but I don't totally believe when you say people who sell during dip doesn't understand how the Bitcoin price work cause there are people who sell because of pressing needs and they don't care if the market is down or not and there are also people who sell in dip period because of fear that the price will/may not rise again these are people that don't understand how Bitcoin price work so it will be nice if you don't generalize it cause of this reason.


Title: Re: Don't sell in loss
Post by: teamsherry on June 05, 2024, 02:59:15 PM
It depends on the project we we talking about here, at times it's better to sell at a loss than to keep on holding some some coins when you know that some are just pump and dump shit projects, but when it comes to the real dela which is bitcoin then you shouldn't sell in a loss and hold cause you bitcoin has its seasons and so far we have enough reason to belive that bitcoin would always rise back if it falls.


Title: Re: Don't sell in loss
Post by: laijsica on June 05, 2024, 04:14:06 PM
It depends on the project we we talking about here, at times it's better to sell at a loss than to keep on holding some some coins when you know that some are just pump and dump shit projects, but when it comes to the real dela which is bitcoin then you shouldn't sell in a loss and hold cause you bitcoin has its seasons and so far we have enough reason to belive that bitcoin would always rise back if it falls.
Most of the shitcoin projects are hype driven you should avoid them because most of the projects can hurt you.

Yes it has been proven time and time again that Bitcoin is back and more bullish than ever. Each dips brings higher opportunities for investors to buy bitcoins. More buying trend during bearish period can give you higher profit in future. You are only motivated to consistently increase your deposit or investment amount.


Title: Re: Don't sell in loss
Post by: RockBell on June 05, 2024, 06:03:16 PM
That's a very good advice, many peopel our of fear and panic sell their crypto in loses when if they held longer they woudl have raped the fruit if their havest in bitcoin but instead they let fear overwhelm them into selling so early and in lose, but to me ots not how many times you fall is how many times you rise back, you have to get back on your feet and buy again and start holding again and next time do better.
People that sell out of fear or panic are those that are newly introduced to crypto because fear will only be cause when the price is going down and by now we are suppose to be use the such behavior that bitcoin comes with. It does not have a stable price. It is something we all know so it is nothing to panic about. Because the things is that some of us don't know why we are investing into bitcoin. Majority of them them just invest because other people are investing most of them will want to invest without any purpose. And that is why when they need money they don't even think of any other option than to go and sell. And most of this problem starts from the people that are introducing them they won't clear thing up for them and majority of them will even go to the extent of blaming does that introduced them as if they are the once manipulating the market.


As far as anyone have the intention of them wanting to invest in bitcoin they should make up their mind that they want to make profit by all means not just start something and selling even without making any profit  is just as if the person wanted to waste money. How many times you fails truly does not matter but given up matters and all is about encouraging our selfs to become better in what we do. And if the person is holding i don't see the reason why the person will complain because you will still make your money back.