Bitcoin Forum

I'm fascinated by psychology and how people react to this by receiving the mood and amplifying it themselves.

Let's say you are a person with 10BTC bought at $80k. When we went to 100k you sold some of it, like 20%, so you now have 8 BTC. It went to 124k and now is down to 111k. Logic dictates that you should be happy with 0 pressure to sell because you're nowhere near a loss and the price is above your last sell, and far above your buy, yet in reality you will most likely be unhappy and feel like you should sell more. Why?

-other people are negative
-red candles induce fear of the unknown. What if it goes down more and never stops?
-downtrend makes you feel like the whole investment is somehow flawed and endangered
-you don't know what's up, but maybe others do? Maybe you should follow the group? Do what others are doing?

It's funny, but some of my friends told me that they'd feel better if they sold just a bit, even 10% of their coins and that would make them feel better and safer. According to them, selling a small amount would calm them down.

How do you guys feel during a time like this?

I would also feel better just like your friends. The fact that the price I bought them earlier, when compared to how inflation may have affected it, I will still stand on the winning side of it. I won’t feel pressured because I would have made up my mind what my profit targets for the bull season will be, whether taking partial profits or full profits.

If I’m able to achieve that so soon, I won’t mind keeping the rest after taking my partial profit target to allow the pressure die down or sell them all to take my profit while waiting for another bearish cycle to invest again. This pressure felt just affects us differently based on how we’ve made up our minds before embarking on the investment.

I feel relaxed, Bitcoin is in for the long run, as a person who believes in that, I should not worry about anything happening in recent days.  Since I have my sight in the future about 4-5 cycles, I should not be stressed by the roller coaster of Bitcoin price.  I will only feel the pressure if my target date is getting close, but it would be at least 16 years from now :) So for now I'll just enjoy the news, gossip, rumors, and clowns' activities and get entertained.

Of course, it cannot be denied that the recent significant decline has made Bitcoin and other token holders worried about further declines. On the other hand, it is important to understand that when you buy for the long term, you don't need to worry about this decline because your focus is on the future, and we know that Bitcoin prices always rise every cycle, you just need to be patient.

However, when you buy like a trader seeking to profit from price differences in a relatively short period of time, this is what causes you stress. If you have a little knowledge of technical analysis, you would know that this correction is something that must happen. We are still in a bull market, so there is no need to be too afraid, even though a bear market will come in a few months. I am confident of that.

Well for me I do not want to think of the fomo and the fud. I am a longtime hodler so for me the short term price does not make me feel anyway. I will just not look at my wallet if we are in a 'bear market'.

Bitcoin is so volatile there i always going to be alot of dips. If we feel the pressure then we should not be investing so much in it. I do like when there is a chance for me to stack cheap sats if the price does go down.

The purchase price at $80K, when the price rises to $100k, is partially selling with the example you mentioned. Then the price rises again to $124k.
Means that when he sells at $100K, he has gained profit from the amount sold. To note, the initial motivation to buy Bitcoin for what. If he wants to get a profit for price returns, then what is done is correct by not selling it all of his bitcoin.

There is a good thing, he will feel sorry for sales at a price of $100K when the price of Bitcoin is at $124K. Likewise, when the price of Bitcoin later when it is below $80K.
For me, the long term with the target time is 4 years closest.

I bought bitcoin when it was around $20000 and I sold some first when it got to $100000 the first time. I bought some when it when below $80000 and I sold some of the coins around $100000 again. Only little is remaining and I do not feel any pressure at all. I gained more than I lose. If I am not losing and I have gained, I will also never feel any pressure at all this time.

Well what is happening to your friends is the feeling of nostalgic and FOMO. They don't want to lose all the profit or they fear that their profit would disappear by the next minute after they had gained from their investment. Another possible thing is they may not have enough money to keep away from the investment for a long hodl, so they want to touch it for other expenses.


It depends on the decision taken at the time of investment and that is why we need to set our profit goal at any point so that we know when to exit or at what percentage we should alter the investment. For example, buying at $80k and price move to $100 k, that's already 20% increase x how many units of coins. I can decide to take out the 20% for each and continue with the capital @ $80k and now that the price rebounce to current price of $111k that extra 31% which is total of 51%, instead of continuous hodl from the time of purchase.

If 100% of my life savings were invested in BTC I would be a little bit nervous every time the Bitcoin price drops by 10-20%.
Fortunately, most of my life savings are invested in less volatile assets. I have a relatively low risk tolerance and I'm definitely not one of the traders/investors, who have "balls of steel" and would never sell(even if the price drops down to 20K or below).
I totally understand the traders, who are feeling the urge to sell when the price drops. I also had the same mentality several years ago. This made me sell lots of BTC at the wrong price. :(
In trading/investing, following a group is the worst advice ever. Warren Buffet shared the opposite advice. When others are greedy, be fearful, when others are afraid, be greedy.

To avoid the overwhelming pressures of dip you need to have a mindset of long term and believe that Bitcoin will always pump and reach ATH, if you are not planing on selling off or taking profit you don't have to be under any pressure. But if you are planning to take profit and expecting price to hit a particular target first and it suddenly dip then continue a downward trend it can be very frustrating. Anybody that wants to enter Bitcoin investment should understand that it is a volatile asset and it can dump and pump without any notice. As we are currently experiencing a decline now what I can say is that if you are not in a hurry to take sell and take profit it is better to hodl and wait but you wouldn't know for how long.

That’s the crazy thing about psychology in trading, even when you’re in profit you can feel pressure like you’re doing something wrong, people tend to forget where they started and only focus on what’s happening right now, so even if you bought at 80k and sold some at 100k you’re already in profit, yet the red candles suddenly make you think you’re in danger. The reality is profit is profit, it doesn’t matter if the chart goes higher later, what you took already is secured and nobody can take that away, looking back only creates regret like “i should have waited” or “i should have sold more,” but those thoughts don’t help, they only mess with your discipline.

Many traders actually sell a small percentage just to ease their mind, like your friends said, it’s more psychological than logical, because securing even a small gain gives that sense of safety, it’s not necessarily a bad move if it keeps you calm and stops you from panic selling later, but the main point is once you’ve taken profit don’t torture yourself by comparing to what could have been, the market always moves, sometimes up sometimes down, if you keep looking back you’ll never be satisfied, the healthy way is to lock in what you’re comfortable with, accept it, and move forward, because at the end of the day secured profit is always better than imagined profit.

Because there are still concerns if there is a deeper price drop, even lower than the purchase price. That's what makes holders feel uncertain and not quite happy with selling a fraction of what they have. Another concern is that it will take quite a long time for Bitcoin to return to its current price if it has already fallen. In reality, we never know how long it will take to recover.

Feeling pressured by such a situation is common. But if you have focused on the price target you want, remain patient with all the risks occurring in the market. If your target is reached in the future, perhaps you will be the one laughing the loudest.

We can decide for ourselves once we are already into profits, any decision taken by us will only lead to more progress at the long run, sir may decide to sell now and later reinvest when the market plummet, while some may not sell, instead decide to continue with holding to the next bull season, which is definitely going to be massive, because the market more certain for what it renders in the future, once this is all about bitcoin in crypto.

There is no way a person who has an investment will have zero pressure or worry when he sees the bitcoin price go from $123k to $111k. Even if you bought it at $50k and have taken a profit a couple of times, and are a long way away from going into a loss. In human nature, we always want the most profit. If all things go south and we lose, then we will take consolation in the fact that we didn't lose everything, but since we haven't lost, we want the most of it.


It's how you deal with that worry or fear that matters, not the feeling itself. It's very normal to feel worried, anxious, and all sorts of emotions. We're humans, not robots, and it's in our nature, but don't make decisions out of fear, uncertainty or doubt.
Currently, I have a small amount of Bitcoin I bought when the Bitcoin price was at $86k or thereabouts for a specific purpose. I planned to use it for something at the end of the year or sell it if it gets to $150k before then. Seeing bitcoin go from over $120k to $111k is worrying, to be honest, but I'm not going to panic and sell it off just so I don't lose. I have a plan, and I have to stick to my plan. So yeah, the emotions are normal, but we have to control the emotions and make well-analysed decisions.

What you are doing is right, if you are saving Bitcoin for the future, then if you are selling Bitcoin, then you must have thought wrong. Because Bitcoin increases savings for the future, those who are selling Bitcoin are basically fools.
However, if your friend has sold a little Bitcoin, then there is no point in regretting it, because the market could have been dumped from where it was. Every person is unaware of the future of the price of Bitcoin, because what is past is past, there is no point in worrying too much about it. Your friend should be calm about the Bitcoin that he has, because this has been going on for a long time, those who are selling Bitcoin are becoming fools in the future.

The main reason is basically manipulation by others, if they do sell of course.

Not everyone sells, but some people do sell and when they do, they do that because they are manipulated and that is not really what we are after, it is not that acceptable at all.

This is why I can't really do anything with it at the moment, we should be considering this as something that will be based on the social media.

Because most of that manipulation comes from the social media and they end up making these mistakes.

If you keep seeing what people are writing you will see that it is not that easy and it has so many problems there and you will see people reacting way too much about it without much trouble and end up with wrong moves.

Not really.

I separate the coins I hold for long term and the coins I hold for short term.

Regardless how much the price, I won't touch the long term holdings, except I want to sell or buy big sum at one time.

For short term holdings, I buy and sell whenever the price move 10-20%.

People get pressure to sell because they're not ready to hold as big as they've bought.

I think there is pressure here, but maybe your friends are hiding it by saying that they want to sell to ease the pressure. But the question is, why would you sell at this price when the market is on the correction?

Sure you can still make a lot of profits still, but logic says that you might have to wait for the price to start pumping again and make more profits. So definitely the psychology is too big for your friend that's why he wanted to sell. Hopefully you can advise him not to because if I'm in that case, I will just ignore what correction and on the contrary, he might want to buy more.

I've felt that, I've been there and done that. But I think in the end, it's still going to be the same feeling of selling too early. No problem if taking the profit above the cost and that's your sole decision. While for those who can hold longer, they'll just feel no worries at all and can wait further when the right time comes. Right now, I don't feel any pressure at all. I can think of how many times I did a mistake in the past long time ago. But time that has been used cannot be back, but Bitcoin's sold too early can be bought back.

I didn’t sell when we went from $110K down to $80K, so I don’t see why I’d sell when we go from $120K to $110K. You should have been there for the drop from $32 down to $2 while everyone was calling Bitcoin a scam and making fun of anyone who used it. That took faith. Zoom out if you’re worried about the price.

I'm exactly the same. With a long term outlook the short term volatility dont
stress me at all, I have 8 years of experience and havent reacted to the market
falls in about 7 of them! I turn the potential negativity into something positive by
buying the dips (not every time but when I can)


I have been there, back in 2017 when the market dropped from ~$20k to
less than $4k weeks later - I HODL'd so now dips like this dont move me at all!


I recon most people cant read the markets, cant read the charts and dont have
the experience. So they are torn between all the different opinions from
various media channels and dont know what to do which causes stress.

If in doubt HODL

The price of Bitcoin is highly volatile, so it's important not to be fooled by such short-term price fluctuations.
I used to be very stressed by these price fluctuations, but I no longer experience them because I've gotten used to them and am confident of where they will go in the long term.
You might see a price drop today and a price rise tomorrow, and this is all due to volatility.

This is exactly my cordial advice to some people who is technically new in the system of Bitcoin investment, irrespective the price of Bitcoin if the price is going negatively or the price is going positively I don't think that it is need for for we to panic to sell when we did not budget to sell our Bitcoin, the illustration you gave is advice to some people who quickly said their Bitcoin when they seems that the price is accelerating they continue to sell their Bitcoin but when they says that the price is low they will hold their bitcoin and buy more, so it is better for you to hold the one you have knowing that the price of Bitcoin always appreciate, and the each of the year carries its own price in Bitcoin, so we don't need to panic to sell bitcoin.

This point needed to be understood why we sell while correction is happening we have to wait because it's time to watch and enjoy if someone trying to cash out try to give him positive views currently selling is not good always wait for price to stable and have good gain.

I have also done few mistakes in the past, but now I am doing nothing just enjoying and keeping things on balance because I can understand this movement is going to end and price is going to have changed this correction is mean sometime if you can afford then taste this dip and stay positive panic sellers always having troubling time after things back to normal because they usually regret about their actions always need to stay on good and never feel pressure of this temporary correction.

I'd sell if I need money for an emergency, but I would not even though the price changes downwards.

IMO, Bitcoin is an asset that should be kept for the long run. I guess I learned my lesson the hard way. I kept on selling it before because I always panicked that it might go down again. But now, it's very different because I don't think it can just drastically go down due to the ETF and other good reasons.
Well, if your friends are somehow like traders and want to take advantage of the dip, then do so, but it will be hard to go back after selling.

The advice I usually dish out is everyone should do themselves, don’t go and actually be following the crowd or a group as you have putted it out, we all have our own risk tolerance to how to handle things like this, for me it is best to figure out how you think you can handle your own risk. But one thing that is certain is the fact that you will most definitely see bitcoin increase in price, so if you sell off and get frustrated with the price pump then you’re actually going to feel this for long because bitcoin will actually continue to increase.

For me everyone should have there own specific price where they will set as take profit target, if you set this simply stick to it, don’t get carried away by what the group say. The only bad thing is selling at a loss but any profit is a profit, for anyone looking to maximize profit it is best to actually go for a long term and not be selling and buying back in short period of time

Well for some person's like your friends that feels so reluctant and calm over the amount they sold I don't see anything wrong because our approach to things as well as our decisions varies, so they can actually go for what favours them and left for me I don't think selling off a small amount would actually do me any better so better still it's best I hold up and save myself from panic selling.

They should go on what they think best for them and nothing wrong to sold a bit of their Bitcoin especially if they already made a profit. Deciding to sell 10% of their holding is not actually bad since they still have Bitcoins left.

Its good to reward their selves if they feel like doing it since they might regret for not selling especially if there's a correction happens.

I do this sometimes especially if I really need it, but also I make sure to accumulate more Bitcoins if it happens that I get more extra funds to spend.

selling a slice could actually help you calm down your instincts, most often loss aversion & mental accounting tend to push people to lock wins, it is kinda human disposition effect. I cant deny that it calms your nerves however it obviously shave returns. it is now well proved that longterm hodlers have historically outperformed shortterm traders. In my case I buy Bitcoin when I get a chance & stop looking at the TradingView charts every now & then. cause the more you look at the charts the more your mental pressure &  mood swing will increase.

It is true that selling a small amount of bitcoin does not make much profit. But when a person holds Bitcoin Hold and falls somewhat in the market, they must be in panic. I don't think this is unusual. However, there may be a reason behind selling Bitcoin, which we do not know. Maybe you can call me a fool. But for my family, I have sold a number of Bitcoin today and recovered from that problem. In this case I think I have nothing wrong here. But I think I sold Bitcoin from my profit. But my thoughts are for a long time and if you are 140k I will sell Bitcoin again.

Its just a feeling and it stems from greed. It's more likely the feeling of missing out opportunity to sell at peak price is what most people regret. Realistically speaking selling at peak is always impossible unless you're lucky.
You could never find out accurately what the peak will be before market show it to you. They definitely thinking they could've gotten additional money had they sold at the peak. That's just how it is.

For me personally, I expected that frequently but never regretting it, a profit is a profit.

I am not too worried if I am late to sell Bitcoin. I can sell Bitcoin anytime I want because I have some that I bought at a lower price. All of this high price will give me the profit. So I can feel relaxed and just check the market or place an order sell on the target I want.

If we can be wise, we will gain the profit many times because we will see the chance to buy back at a low price and sell it at a high price. This situation can be like this for some time before the price gets a bull run. So rather than feel the pressure, it is better we research and the right time to buy Bitcoin.

We need to calm down when the red candle comes so we can think and research. We will see the pullback in the price so we can sell it at the next high price.

Okay, everyone's talking about sales, talking about the target peak price. And yes, no one will know it all. Every time has its own peak price, and indeed, the journey to today, the new peak price achieved is $124,000. Does anyone regret not selling on that day?

I think people who have a sales strategy and a target selling price are more mature in making this decision. There's no need to always sell at the peak price that's prioritized. While it may sound impressive, we must realize that no one knows what price it will reach.

That's because our psychology makes us feel more dissatisfied when we lose than satisfied when we win. If you're not aware of this, you'll probably lose a lot of profitability in the future.


I yawn, I yawn a lot. When everyone else is panicking, the best thing you can learn to do is yawn. And keep doing what you're doing, whether that's simply HODL or DCA.

I don't see any reason for a panic neither regrets because in all you are still in very good profit except you have expectations or maybe you are nursing some greed unknowingly, selling off some more 10% doesn't keep you in any better position and if you takenyour time to really understand what's going on with BTC then you can agree that it most likely will not fall to $80k so it was needless selling off some more 10% because you possibly fear some more crash, look at the positive side and keep hopes alive.


Except  there be a pressing need or you find another opportunity to invest in, do not withdraw some more for FOMO, and yes tell me I'm wrong, this is most close to FOMO, and as a crypto investor or trader on the forum for at least 6 months, you should have had good idea about FOMO and how to go about it when it arises.

Sometimes, selling just a little can be calming in a situation that suddenly brings the market down. It's not because one has already made a profit or caused panic for not selling more. But more about feeling the joy from the price target that has been achieved.
Holding back more provides an explanation that there is confidence in a future situation that will be better. So there will be no regrets for not selling more when the price of Bitcoin hits its peak. Because in the future we might see higher prices, so all that is needed is to wait.

I think you hit the nail on the head with the psychology part. Even when we know logically we’re up and in profit, emotions don’t always follow logic. Market psychology is brutal — red candles feel heavier than green candles feel good. Loss aversion kicks in, and the fear of “what if it keeps going lower” takes over.

For me, I’ve noticed that the hardest part isn’t buying or selling — it’s sitting still. If you bought at 80k and we’re still way above that, in theory you should feel safe. But when everyone around you is negative, and you’re bombarded with charts predicting doom, it’s hard not to internalize that mood. Selling a little “for peace of mind” is more of a psychological hedge than a financial one.

Personally, I try to zoom out. Ask: will this price movement matter in 5 years? Usually the answer is no. That helps me stay calm, though I won’t lie — the urge to sell a bit “just to feel safer” is very real.

There shouldn't be pressure whenever an investor is selling at a price higher than the price of purchase. If i am in urgent need and selling part or 10% will help solve the problem, i won't hesitate twice before selling, obviously i am in profits that is the main cast for investing in Bitcoin. Buy low and sigh high, always remaining profitable.

Sound more like a trader to me than am investor. I believe it is mostly those that are into bitcoin for short term profit that will prioritise selling of their bitcoin whenever they notice that there portfolio is in profit. Low or no coiner should focus more on being consistent with there bitcoin accumulation in other to be able to build a good portfolio in bitcoin. Talking about solving problems, that's the reason why emergency funds is important . Not happening an emergency funds can only lead you to take profits from your investment before the anticipated timeline.

Good mindset mate. We’ve known already how volatile bitcoin is, so scenarios like this isn’t something new. If you are new here, you will definitely get distracted and end up making decisions that aren’t at its best. But the fact that we’re here already for years, then there’s no need to feel the pressure. Bitcoin investment is still a game of speculation, so if you want to avoid being at loss, focus on hodling instead. Ignore the price crash but stay optimistic all throughout the process.

This is why it makes sense to buy bitcoin at bear period, and DCA method, because it gives you feeling of power and be able to hold. People who buy too late, when it is already up, and join the party at the peak, end up feeling more panic because they need to make some profit, otherwise it would be a big loss for them. Whereas, if you end up with a better result, you should not be worried about it because you can definitely do a great job, and shouldn't be losing anything at all.

People like you, can hold for far longer, and could put a stop loss at something like 100k. We won't go down there all the way until bear market happens, we won't dip below 100k and then skyrocket, that means you can hold until it skyrockets. Then you can wait, and sell whenever you want.

People feel exactly like you described, anxious, torn, and strangely tempted to act even when the math says otherwise. loss aversion and the disposition effect make unrealized gains feel fragile, recency bias and red candles make the brain expect more pain, social proof and herd thinking whisper maybe others know something, anchoring to the peak (100k or 124k) warps reference points so 111k feels like a drop not a win, and fear of regret pushes people to sell small amounts just to feel safer, even though that can hurt long term performance.

i feel the tug too, a mix of excitement, boredom, and that itch to “do something”, and honestly selling a tiny slice to sleep better can be totally valid, it’s mental insurance not a crime, practical fixes that help: set rules before the swing (predefined sell/rebalance levels), use a named “calm” sell amount if you need peace, ladder sells instead of one panic move, keep a short trade journal to see patterns, check less and trust your thesis, run decisions through a checklist (“will this change my investment case?”), and remember novelty wears off, if you make small, planned moves you keep control without handing emotion the wheel.

We will be in different situations where we have no choice but to sell a portion of our holdings. Don't feel guilty when doin that because that's also the reason why we're holding, and that's to be profitable and what we'll do with profits? to solve the problems that we're currently facing. Some holders are guilt tripping themselves thinking that it's a bad decision that they have sold. But the reality isn't like that, even the rich people have to sell when they're in need and so are we that are just shrimps on this market. We can sell anytime we have to and be happy with it because we can always get that back through DCA.

It's disturbing to sell knowing it's not the worth of the asset. The pain may not be now, like everyone who has ever sold, during the bull run regrets always sets in and tend to worsen the mistake. However, nothing wrong with selling for a financial responsibility, nobody would own money and wouldn't solve monetary related dispute or problems or needs. In addition it's always great to have other sources that'll argument such needs, instead of touching the Bitcoin.

That is the point, the more you invest big when the price increases you will achieve huge profit and if you invest small you will definitely get small profit. The more you invest high the more you get huge profit. Many people that achieve there dream in bitcoin, all is because they invested for long term and they achieve there goals when the price increases deeply. But they is nothing wrong of selling bitcoin when you receive small profit, not everyone can invest for long term like how some people do. everyone know what is better for him to do. But definitely everyone will give you advice to invest for long term because that is the target of all investors to get profit. Not everyone have patience to invest for long term, so any advantage they get when the price pumps small they will sell the profit and leave the capital, the time of people can't take risk and since they will be getting benefits even they didn't invest for long that is fine, they don't wait for huge profit before selling the profit they already achieve.

The question now is, what is the essence of selling? Was the target to hold for the short term? Selling now, I don't see any reason for buying Bitcoin in the first place. Bitcoin investment is a long-term investment, and volatility shouldn't be a reason to feel pressured to sell. When the price of Bitcoin falls, it should be seen as an opportunity to buy more Bitcoin. Definitely, the price of Bitcoin will always fall but won't remain the same; it will definitely increase.

Just have some patience and wait for the increase. A fall in Bitcoin's price doesn't mean you have lost your Bitcoin. Those who don't understand Bitcoin will always see the volatility of Bitcoin as a problem when it falls.

Of course not, because I believe that as time goes by, life will change and become more modern. Maybe in other countries bitcoin is still not too familiar. But for the long-term size of 5-10 years in the future bitcoin will continue to grow and people will no longer be unfamiliar with the bitcoin.
Therefore, start from now so that we can feel the benefits for a few years later.

I understand the needs to do some certain things due to fear of the unknown but then buying and selling of Bitcoin is something that usually involve lots of pressure especially when you ain't ready to sell at the moment. And it's a more reason panicking isn't a good system of getting out of this so at any point in time there's need to exercise patience.

No matter how popular something is, sometimes it's only popular in some parts of the world and not in a few parts. Even if it gets to every part of the world, there are still a few people who will ignorantly not know about it, but it will still not stop the growth and expansion of Bitcoin, and no one should also feel pressured now, as there is more height to be achieved in the future.

Don't feel guilty when you're in a situation and your Bitcoin holdings will be the solution for you to solve it. If it isn't requiring you to sell all that you've got, much better. And if you're able to use other assets that you have rather than your Bitcoin, then it's also a better choice to opt to. Because not everyone holds a lot of Bitcoin and even the small mBTCs that we have, not everyone can afford to save it as well. So, if there is an option to do it, better to think of other ways as well but if you have no choice but to sell some of your holdings. Still, don't feel bad about it and just DCA again in recovering those sold BTCs you owned before.

I dont feel there is alot of pressure in the price at present.    Some might think BTC has reached a peak but doesnt seem to be a majority.   We have a double touch of 123k pricing and two weekly pin candles but still it does not appear to be a long term top, the decline from there has been quite calm over time.

The bottom prices for this week go back to a level of support first appearing in the post US election BTC rise.   It could be a good signal for longer term moves but either way I dont feel a great push downwards is going to appear or that BTC has become overvalued and thats quite something to say when we are at  six figures.  I think we develop further and if anything (eventually) the pressure remains upwards.