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Bitcoin => Bitcoin Discussion => Topic started by: kulboi123 on January 15, 2021, 01:27:04 AM



Title: Trust your gut
Post by: kulboi123 on January 15, 2021, 01:27:04 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀


Title: Re: Trust your gut
Post by: tinopener on January 15, 2021, 02:19:13 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

I've told nobody close to me that I hold bitcoin, just as I don't talk much to them about other investments anyway.

I'd rather not have their reactions and opinions rattling around in my head.

My advice is just to keep quiet and modest about it, and after all, it's only money, not some great personal achievement.


Title: Re: Trust your gut
Post by: henryvuong on January 15, 2021, 02:23:00 AM
Why didn't they tell you to sell bitcoin when it was at ATH? We all know that when we invest in something, we should buy low and sell high, yet most people do just the opposite: they rush to buy when something is going up fast and sell when it is going down the drain.

It's easy to say something in theory but not in practice.


Title: Re: Trust your gut
Post by: Swordsoffreedom on January 15, 2021, 02:33:42 AM
I'm glad to know that you have been able to buy and hold Bitcoin at a very deep level, you will never get such an opportunity again.  ;)
If you buy at 10k price range then you have already got huge amount of profit. That's why your family members are asking you to leave with a profit.
I think, They are not really aware of the past and future of Bitcoin, if they were aware I believe they would not persuade you to sell bitcoin.
You should inform your family members about the future of Bitcoin and its vast adoption.

I believe that the time will soon come when we will do all the daily transactions through Bitcoin and the government will start using Bitcoin too.


Title: Re: Trust your gut
Post by: saffira on January 15, 2021, 02:35:26 AM
I just keep within myself that I am holding bitcoin and ethereum. No one knows from my family that I invest. They dont even care rather because they are not aware of cryptocurrency.
When making a decision when to buy or sell, I make sure that I am really decided so whatever the price may be, there should have no regrets. As long as I buy low and sell higher, the profit I gain is really a big help for me.


Title: Re: Trust your gut
Post by: Darker45 on January 15, 2021, 02:48:03 AM
I share your determination to stick to your Bitcoin no matter what happens. I also have a certain amount of Bitcoin which I intend to keep in my hardware wallet until God knows when, perhaps until such time when Bitcoin becomes the main global currency. As to its price, I don't know, it might already be $300,000 by that time.

I have tried and failed most of the time in trading. While I am still attracted and in fact do some buying and selling every once in a blue moon, I am now satisfied with just hodling and stacking up Sats.


Title: Re: Trust your gut
Post by: maydna on January 15, 2021, 03:25:20 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

Perhaps, $41k is the reasonable price for them to suggest you sell your bitcoin, so they advise you to sell at that time, and you can buy back if the price is down (which we always see it will always happen). But you did a great buying bitcoin at $10k, and now, you are only waiting for the time of bitcoin price to reach $100k and sell it on that price.

Yes, I believe the bitcoin price will be at $100k and more, but we don't have the right estimation when the price increases. We can only wait and hold the bitcoin, and we can buy back more bitcoin to add more amount to our wallet.


Title: Re: Trust your gut
Post by: Question123 on January 15, 2021, 03:34:24 AM
Trust your own decision because other people have own perception about the bitcoin possible value, we know family is needed when we need advice but sometimes we need to stand to ourselves. You need to trust your own guts because in the end you will be the one who lose or gain money from the bitcoin. But if they give advice to you accept it but you will be decide what you do in your bitcoin..


Title: Re: Trust your gut
Post by: samputin on January 15, 2021, 10:54:38 AM
We had, somehow, the same experience. I mean, when my mother knew that I'm into bitcoin and earning with it, she asked me one time how much I've earned already. Of course, I told her the amount. Then some time later, she suggested that should get it already. She meant was, convert it to cash. I just smiled and I still continued to hodl.

The point here is that, we're the one managing our coins so what we do with it is up to us. Well, there will be opinions around us. And it's not bad to listen to them as well, take them into consideration. But the final decision should be based on what we think and what we feel would be best for us and not solely affected by what others say.


Title: Re: Trust your gut
Post by: escrow.ms on January 15, 2021, 11:18:13 AM
Trust in BTC is good but don't get too greedy, sell when you think you have enough profits.


Title: Re: Trust your gut
Post by: DapanasFruit on January 15, 2021, 11:30:24 AM
I made the baddest decision with Bitcoin in June of last year when I was persuaded to convert my  BTC to BTCV which turned out to be a very unfortunate thing for me because months after that the project got accused of operating a ponzi schemes with its mining plans. I still have not forgiven myself with such a big blunder up to now. Even with some years of experience in cryptocurrency, I became so naive and stupid!


Title: Re: Trust your gut
Post by: sunsilk on January 15, 2021, 11:36:19 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
That's ok if they tell you to do so. I would give them some benefit from holding it and would share a small amount if ever they're asking me. They're my family and I'd be glad to share some profits that I've got.

But in my position, no one is asking me from my profits and they're just letting me mind my own business. They're supportive as ever and just keeping quiet and allowing me do whatever I want to do.

$100k at the end of this year? rooting for that too.


Title: Re: Trust your gut
Post by: cheezcarls on January 15, 2021, 12:12:10 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

Absolutely correct! I only trust my own instincts. My parents didn’t know any much about cryptocurrencies and other cryptocurrencies except telling me to hold it long-term. If I decided to buy, sell and hold, it’s my own instincts and not from others.


Title: Re: Trust your gut
Post by: romero121 on January 15, 2021, 12:15:59 PM
Myself too experienced similar situation during the previous bull market. It was my mother, who insisted me continuously to sell once the price reached $20k. I just said her bitcoin has been growing high and high. She didn't know anything about bitcoin or about its market. I said, you don't know anything about bitcoinand its market. It'll grow high than this price. Everything went away from my calculation, and I was in a situation to sell at a much lower price. That was bad, and even now my mom used to mention those old days stating you should respect the words of mom ::)


Title: Re: Trust your gut
Post by: acroman08 on January 15, 2021, 12:47:59 PM
good for you. but sometimes it is fine to be cautious just like what your family did. it is always better to have profit than unnecessary loss due to a belief. but you do you and don't let anyone tell you otherwise as long as you are comfortable with what you are doing and the risk you are taking.


Title: Re: Trust your gut
Post by: acener on January 15, 2021, 12:53:58 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
I support your idea because I also experience the same thing,
The funny part there is they wouldn't support you on the start and only acknowledge you when things starts to be great.
I have some relatives who laughs behind my back when Bitcoin wasn't doing great and the price was so low but I didn't quit and continue on it but now they are giving out opinion about crypto and how I should earn from it.


Title: Re: Trust your gut
Post by: aoluain on January 15, 2021, 01:03:17 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

Thats a very common reaction when the value of Bitcoin [or other alts]
start to dip, Sell.
Obviously traders are buying and selling at optimal times but thats different
they supposedly know what they are doing.

Its called FUD - Fear, Uncertainty and Doubt.

You mention a very powerful word in your OP, BELIEVE

Having a high level of education in Bitcoin gives us the knowledge, confidence
and belief to Hodl for the future.


Title: Re: Trust your gut
Post by: kentrolla on January 15, 2021, 01:29:51 PM
I appreciate it if you are planning for long-term then just don't care, if you are looking for some good profit then move on don't be too greedy.

Not only your family many would say the same because at the current situation the price is already in it's peak, they say only because you should not miss this chance and opportunity. If the price goes down you can buy few more as well at the end decision is in your hands, future is purely gold without any doubt it's all about making decisions.


Title: Re: Trust your gut
Post by: plvbob0070 on January 15, 2021, 04:32:04 PM
With the shown potential in the volatile market, it is fairly common to establish good faith in bitcoin since it set a new ATH a week ago. Honestly, selling it at the price of 41k can give you a good amount of profit, considering you have purchased it at a lower price. Regardless, your family seems to be knowledgeable about bitcoin prices and your investment value. Personally, I have been holding some of my bitcoin as I plan to generate profit at a much higher price. As of now, I have not set any price target, but I have the patience to hold it in my portfolio.


Title: Re: Trust your gut
Post by: Natsuu on January 15, 2021, 04:44:04 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

I've told nobody close to me that I hold bitcoin, just as I don't talk much to them about other investments anyway.

I'd rather not have their reactions and opinions rattling around in my head.

My advice is just to keep quiet and modest about it, and after all, it's only money, not some great personal achievement.

Same, I don't like any party to be involved in me to know what I do in trading, and also gambling. I just don't want them to part of my decision making, and be somehow able to persuade me to make sudden decisions. I much rather try it alone than to be with anyone else, especially when they're my family.

And in regards with the OP ^^, I do the same, I'm still on hodl of my coins, even though they play in range of 30-38k as I believe that it will reach 50-60k within this month of January or February. Though, I won't wait for it to go 100k  :D


Title: Re: Trust your gut
Post by: Mr.sprin on January 16, 2021, 03:26:57 AM
I agree with you, confident that no one else's opinion should be prioritized but still monitor market developments not only confidently and not monitoring market developments.


Title: Re: Trust your gut
Post by: thaRiddla on January 16, 2021, 03:37:30 AM
Great post! I never tell anyone that is close to me that I owe BTC, or any other gambling for that matters. But hey, they only told you to sell because they care about you.


Title: Re: Trust your gut
Post by: Lorence.xD on January 16, 2021, 03:49:42 AM
Great post! I never tell anyone that is close to me that I owe BTC, or any other gambling for that matters. But hey, they only told you to sell because they care about you.
That is a good strategy, it keeps you away from people that will hinder you financially. I too do the same, the best thing to do is to not flaunt that you are dealing in bitcoin in your social media platform so that you are not in anyone's radar, the satisfying thing is there will be people that is not going to believe that you will ever succeed and then suddenly you are having a vacation somewhere that they want to go and then they will be talking to you about how you did it but you will not spill the secret, let them suffer about not knowing how you got that far ahead of them.


Title: Re: Trust your gut
Post by: LogitechMouse on January 16, 2021, 03:55:25 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
If you will let other people decide for your investment then there is something wrong about you.

In real life, I hated the thing that other people are deciding for myself. I like to decide for myself and I know the risks of it as always and I'm ready for whatever situation will happen. Like in this case, its good that you didn't listen to what they are saying :). Lucky for me, no one knows Bitcoin here aside from me so no one will decide aside from me. Lets go holders :).

I don't say to anybody too my total holdings because they will force me to sell too.


Title: Re: Trust your gut
Post by: CryptopreneurBrainboss on January 16, 2021, 05:45:00 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

Don't be too full of yourself before you let over confidence makes you make the worst decision of your investment journey. You're still new in the industry and first timer luck could be on your side at the moment and beside the sensitive currently in the community is bullish so obviously any decision made now that involve holding would turn out to be the best decision but that won't be the case in months to come unless you'll be bold enough to hold through all the corrections that'll be coming.

You're already in profit so taking some break won't be a bad decision, there's going to be a correction and that's a fact, nobody can predict exactly when this correction will occur but you should be vigilant if you know you don't have the emotional strength to stay strong when the market sensitive has turneyti the opposite direction.

But nevertheless congrats on winning twice, first was for buying bitcoin when it was about kicking off this impressive runs it's currently on and taking the decision of holding when everyone was advising to sell that the market dump was on the way.


Title: Re: Trust your gut
Post by: davis196 on January 16, 2021, 06:40:02 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

Trusting my gut feeling is the worst possible strategy.My gut feeling has always told me to sell Bitcoin at the wrong time. ;D
The only right approach is just to forget about the Bitcoin price.Just get as mush Bitcoin as you can,leave it in some cold wallet and HODL for years.Do not track the Bitcoin price,because it will distract you and you will sell your BTC at the wrong time/price.
I would never tell my family or friends that I own Bitcoins.Getting financial advise from financially uneducated people is even worse than trusting your gut feeling.


Title: Re: Trust your gut
Post by: RondoAnyar on January 16, 2021, 06:49:17 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
bitcoin price even though it has decreased it is actually a correction to go up to a higher price. so I think don't ignore anyone, because actually bitcoin has the potential to go up even more. So my advice is to hold and sell bitcoins when bitcoin prices are high


Title: Re: Trust your gut
Post by: pinggoki on January 16, 2021, 09:26:15 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
That's good for you mate. Always trust your instincts and guts because at the end of the day all of their sayings are just opinions and the final decision will always come to yourself. The dropping of the bitcoin's price is just a correction and I do believe that you know that because you just laugh when your family says to sell it already when the price got dump. Always follow yourself so that at the end of the day you will not have any regret because you are the one who make the decision.


Title: Re: Trust your gut
Post by: ene1980 on January 16, 2021, 02:53:38 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.
I used to see these kind of topics in the past where the family is involved in your investment. I cannot understand why family is getting involved in your business. We will see a market correction and it is inevitable but you need to understand the market situation and take decisions accordingly rather than taking advice who have no idea about the market.


Title: Re: Trust your gut
Post by: ChrisPop on January 16, 2021, 03:16:12 PM
I have picked up a rule of thumb from someone I respect really much: Do not ask or listen to advices coming from a person who is not where you want to be.
So it is common sense to not listen to someone who does not have a good track record in investing. Even in that case, you need to take into account their area of expertise. Always question the trustworthiness of the source. Buffett does not believe in Bitcoin and its value proposition and he missed on some pretty hefty returns so far.


Title: Re: Trust your gut
Post by: hulla on January 16, 2021, 04:22:07 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
It good to avoid people negative influence consider something you genuinely know is truth and have confidence in but sometimes ones also need to take the people to influence statement into consideration, reshape it for better upliftment in other to avoid overconfidence circumstance.
Nevertheless, you selling some portion of your holding when the market was $40K wont hurt and you can even buy back now. Bitcoin is a good potential coin but crypto market is a fluctuated market and it future price is not promised invest carefully.


Title: Re: Trust your gut
Post by: Natsuu on January 16, 2021, 04:34:33 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.
I used to see these kind of topics in the past where the family is involved in your investment. I cannot understand why family is getting involved in your business. We will see a market correction and it is inevitable but you need to understand the market situation and take decisions accordingly rather than taking advice who have no idea about the market.

May I interject something in here, the business you're saying is the trading right. Then there can be situations where you as a trader borrow capital from your parents as you see something to grow, and can earn some from it. By opening the situation, proper explanation, and planned action. You can gain some loans from your parents instead of outside sources. This would be free from taxes and interest.

But by borrowing from relatives (parents), as a family, they would be concern about what would happen, and just say something even if they are less knowledgeable about it. Thats just how it works, and we as the traders have the right mind to make decisions to see if their concerns are necessary or not.


Title: Re: Trust your gut
Post by: AniviaBtc on January 16, 2021, 06:09:20 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

He really wasted the opportunity to take advantage of the new ATH but I can't blame you if you have a much higher expectation towards bitcoin.

A price of $45k or $40k is already profitable for you but it is your choice and decision on what you are going to do with your bitcoin.

Goodluck to you on waiting for 100k and I hope that you can make your bitcoin investment profitable for you.


Title: Re: Trust your gut
Post by: Mpamaegbu on January 16, 2021, 08:05:54 PM
I'm glad to know that you have been able to buy and hold Bitcoin at a very deep level, you will never get such an opportunity again.  ;)
Well, OP didn't tell us that what they bought was a  complete Bitcoin or just a fracture of it. Buy a complete Bitcoin at that price and hodling till now is a huge ROI already. Only a few companies can pay what we have in difference between capital and profit to employees as salaries per annum, covering four years.

Pointedly, trusting one's gut feelings has to come from a place of emotional stability of the person involved. Otherwise, it would be great teachings without real practical. Also, remember that those who fear to take risk end up not being achievers.


Title: Re: Trust your gut
Post by: target on January 16, 2021, 08:28:29 PM
Well you have hold your investment while it dips for a moment thats a good characteristic of a long term holder.  Finding the time when to let go to take profit might not need the guts, ita best to be equipped with information to identify possibilities up to when should you start selling.

Keep holding, you dont know yet if the price will spike to $50k.


Title: Re: Trust your gut
Post by: Wysi on January 16, 2021, 08:38:09 PM
Getting influenced by other's opinion is the worst thing anyone could do and we have seen a lot of people getting influenced by their peers, family members as well as some random guy over the forum or any other social media platform. It would be better if we could do proper market research along with our gut feeling. I was lucky I forgot I had some amount of Bitcoin in my wallet back in 2016 which I have used to trade.


Title: Re: Trust your gut
Post by: Ridwan Fauzi on January 16, 2021, 08:52:28 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
At least your family are supporting you to choose bitcoin as your investment place, that will be a plus value to you. Comparing to me even many people out there who just afraid and prohibit their family to not choose bitcoin as an investment place.

As for your decision, indeed it is a good way to just believe to your strategy. They will not know how feel when there are investing in bitcoin, you will feel by yourself how bitcoin price increase all the time and how your psychology to face many situation. But I just suggesting you to be carefull, sometime you have to change your target price when something bad happen.


Title: Re: Trust your gut
Post by: ilhamsugihamin on January 16, 2021, 11:00:36 PM
Yes, I agree with you, just believe what you believe and keep positive thoughts, and I am amazed that I can hold on for so long and consistently, and finally I believe that there will soon come where daily transactions will use bitcoin.


Title: Re: Trust your gut
Post by: Yatsan on January 16, 2021, 11:17:43 PM
The future and sake of your own funds relies primarily on conducting a good decision making so better keep yourself up and build your trust on the decisions you will make and do not let other people even your family put any pressure on you to sell your Bitcoins even on a very desirable price (unless needed) for such opportunities of having Bitcoin came from $10,000 purchase is considered as a rare opportunity to come since the price of Bitcoin is far beyond that price mark already. Surely you have already gained a big amount of profit from the new ATH that Bitcoin have attained so better keep moving no matter what other people say because in the end it will just be your own success or suffering that depends on the decision that you will make.


Title: Re: Trust your gut
Post by: pixie85 on January 16, 2021, 11:33:23 PM
Good job OP.

Was it your money that was invested in Bitcoin or your family's? You invest, you decide when to buy and when to sell, your family should not give you advice about things they don't understand ;)

I agree that we should trust our gut but also be ready for consequences whatever they may be.


Title: Re: Trust your gut
Post by: Shasha80 on January 17, 2021, 01:06:30 AM
I agree with what the opening post has done, having the courage to not listen to other people's opinions is something that sometimes we have
to do when it comes to investing in Bitcoin. Because the most important thing when we decide to invest in Bitcoin is to do research and analysis
by ourselves first.

Congratulations to the opening post on his decision to refuse to sell Bitcoin when it dropped to $ 30k. Because it is proven that now Bitcoin is slowly
starting to increase in price, even though the current price has not returned to a price above $ 40k. But I believe Bitcoin will go up to reach the price of
$ 100k this year, so it's best if those who have bought Bitcoin stay HODL. Because our patience for HODL will be paid off by the profit that Bitcoin
will give.


Title: Re: Trust your gut
Post by: amihada on January 17, 2021, 03:38:27 AM
I agree with you, don't be easily influenced by other people, family or friends. Believing in instincts is very important, especially in the crypto world, instinct is the main thing, but it cannot be excluded from monitoring market developments.


Title: Re: Trust your gut
Post by: Peanutswar on January 17, 2021, 03:50:37 AM
Good to see that your family are trying to support you with your investment because sometimes they argue with you having trouble with the large money you will deposit still this is a good try and opportunity to earn. Instead, your money is just on the bank why not make an investment and let your money work for you and gives more money in the future. Still, be careful on the market movement there is a lot of rumour that the bitcoin will reach back again to 40-45k  but the problem is the market does not give a huge sign of surge is this the downfall? no one knows. Keep Hodl if you think there is a sign for another comeback wait for it if not pull it out already if you got profit or just fair back.


Title: Re: Trust your gut
Post by: raidarksword on January 17, 2021, 06:29:57 AM
Having trust within self and trust the gutfeel will make a big difference in decision in life in crypto industry wherein every decisions are very vital to succeed or to fail in just a blink of an eye. Even on trading we just don't need to read the graphs but also we need to feel and follow our gutfeel in every trading decisions forth forward to ensure profit in return.


Title: Re: Trust your gut
Post by: OblivionFlorido on February 03, 2021, 07:34:04 AM
I'm used to trusting facts. Intuition is more about the female side. More often, all the same, you have to be guided by figures and forecasts, it seems to me that it is easier and more reliable.


Title: Re: Trust your gut
Post by: mezzaluna on February 03, 2021, 12:08:01 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

Its really great that you had the opportunity to buy at that moment but I mean they sound reasonable since $30K is already a big profit. The current speculations regarding Bitcoin is for it reaching $50K but you really have set the bar so high and I honestly believe that its possible but it would require longer waiting since I really do not see it hitting $100K this year.


Title: Re: Trust your gut
Post by: milani on February 03, 2021, 01:48:59 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

Completely agree. Personally have been convinced many times in it. Others' vuew and thoughts are not yours, and may harmfully influence on your results and decisions. Of course sometimes advices may be really useful and may help you. But in case you hesitate and will make some decisions yhat will bring negative result your regrets will be very deep. And in case it was only your own decision and step, you will understand that it is only your responsibility. From personal experience - it was a good opportunity to get high profit and friend's words that  he is not shure that project is good make me to hesitate. But I wanted to risk and invest. You can not imagine how strong my regret was when I saw how the tokens price have risen after presale. Since that time I have decided to listen only to my own thoughts and feelings. Other opinion may be deeply wrong. Never hesitate in yourself, you may turn out to be completely right in your opinion.


Title: Re: Trust your gut
Post by: AWMM24 on February 03, 2021, 01:54:30 PM
i think you should not tell them about your investment. Because for them its a new thing. they should first know about bitcoin. once they get to know about bitcoin, its worth and profit, then they will be agree with you. but its a good thing to get ideas from family members.


Title: Re: Trust your gut
Post by: gurunanakji777 on February 03, 2021, 02:34:08 PM
Yes, when you waited a long time to rise Bitcoin you must continue to hold. Even I don't disagree with your family opinion they are also right to book the profit as we heard by experts buy low sell high but you still have trust in BTC that's why you are holding it But my friends one should not ignore parents advice most of the time it is right. Nobody knows where Btc will stop but expectations are higher for the further bull move.


Title: Re: Trust your gut
Post by: blue_nexus15 on February 03, 2021, 02:57:43 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
Congratulations for your assertiveness  ;D. and now make sure you win with the great advantages of today's market. the trend of the great shark is moving out of the pool and that will explode the strong waves. 100k $ would be great for the long term but better if BTC reached 50k by the end of February.


Title: Re: Trust your gut
Post by: Fatunad on February 03, 2021, 03:22:40 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
Congratulations for your assertiveness  ;D. and now make sure you win with the great advantages of today's market. the trend of the great shark is moving out of the pool and that will explode the strong waves. 100k $ would be great for the long term but better if BTC reached 50k by the end of February.

I'll give you that!

but actually you can make more money if you had just sold on 40k and then buyback in 30k.Rinse and repeat.Well, this is only good for those who can
actively engage with the market but for someone who do decide to play somewhat safer then holding would be the best thing to do.
Your instincts or gut will surely help you along the way but not as really that reliable since it wont really be that precise for you to depend.


Title: Re: Trust your gut
Post by: Coinsfera on February 03, 2021, 03:48:43 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
Patience and belief are essential. Emotions are very hard to deal with in such cases. You get feared when BTC goes down and you want to sell. You get super hyped with the price increase and buy more. If you master your feeling then you get better at investing.


Title: Re: Trust your gut
Post by: Kong Hey Pakboy on February 03, 2021, 04:08:48 PM
There will be really times that you will feel pressured on the price, the things around you (such as relatives and friends who are familiar with bitcoin), also with the users who already sold their holdings. Actually, there's nothing wrong with that, but if your gut feeling is stronger than anything, I agree that you trust it. It's worth it if you wait longer and the results are greater than you expected. Always aim for what you think is better and you won't regret it.


Title: Re: Trust your gut
Post by: Jemzx00 on February 03, 2021, 04:10:06 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

Its really great that you had the opportunity to buy at that moment but I mean they sound reasonable since $30K is already a big profit. The current speculations regarding Bitcoin is for it reaching $50K but you really have set the bar so high and I honestly believe that its possible but it would require longer waiting since I really do not see it hitting $100K this year.
Yes, it sounds reasonable to sell at 30k$ when he bought bitcoin when it was on 10k$ as you'll have a decent profit through it but what he wanted more and be on bitcoin for a long term. Neither your parents nor your relatives are gonna help predict the price of bitcoin or any cryptocurrency where you need to sell your crypto's.
It's your bitcoin and only you can decide whether you hold unto it or sell it for a decent profit. It might take long for bitcoin to reach 100k$ but if you believe on it then nothing is impossible.


Title: Re: Trust your gut
Post by: Anonylz on February 03, 2021, 04:39:43 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

I've told nobody close to me that I hold bitcoin, just as I don't talk much to them about other investments anyway.

I'd rather not have their reactions and opinions rattling around in my head.

My advice is just to keep quiet and modest about it, and after all, it's only money, not some great personal achievement.

That's a very hard and not so good thing to do imo, maybe some of your family members might be interested if you share the idea with them, keeping things to yourself won't help spread the word about btc, I get it when people try to make decisions for you but you can always ignore and do what you feel is right,
I share some of my crypto investment details with my family members,  I also introduce some into investing,  it is not a bad idea.


Title: Re: Trust your gut
Post by: rodskee on February 04, 2021, 12:34:36 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
Who looks funny now ? they are laughing at you ?

That is what you called either GREEDY or TRUE BELIEVER, because that is a Clear 300% profit yet you denied ? if you had sold that time(at 41,000$) and Bought again when the price deep at 28,000$ how much do you think your Bitcoin holding now ?

there is no wrong in supporting bitcoin because we all does , But we must be wise enough to circulate our funds , Imagine from 10k to 41k? that is greediness mate.


Title: Re: Trust your gut
Post by: gilangandi46 on February 04, 2021, 03:50:57 AM
Depending on what you believe, if you want to save for the long term and believe the price will go higher, then do it.


Title: Re: Trust your gut
Post by: Alucard1 on February 04, 2021, 04:18:01 AM
Great! You have bought a bitcoin when its value is just $10k, so as of now you have earned 200%+ and that is already great profit, I am really hoping that I was able to buy some amount of bitcoin by that time. I also glad because you have made a good decision wherein you did not listen to one of your family and stick to your plan and now you knew that it was a great choice. I am also looking for bitcoin to reach $100k within this year, which would be a target of many investors.


Title: Re: Trust your gut
Post by: Vishnu.Reang on February 04, 2021, 05:53:47 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

That depends on your financial situation. If you are capable of holding for the long term (3 to 5 years), then there is nothing wrong with holding BTC. But after such a steep spike, it is logical to expect a major correction and therefore I can't blame your family for their advice. Profit booking needs to be considered while you are dealing with volatile assets such as Bitcoin. This time your call worked well for you. But there is nothing wrong, if you go for profit booking sometime in the near future. There are a few hits which gives an impression that Bitcoin may be overbought. The Bitcoin dominance has gone down by 8% during the past month. Also, some of the government officials (especially Janet Yellen) have given indications that they are not very comfortable with the role being played by cryptocurrency right now.


Title: Re: Trust your gut
Post by: kolesozw on February 04, 2021, 05:59:24 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀


In general, I wouldn't say I like acting like a fanatic, yet Bitcoin proves me wrong - HODL till the moon :D

100K until the end of the year looks very reasonable and achievable. Then some diversity will not be bad, for just in case scenario.


Title: Re: Trust your gut
Post by: wxa7115 on February 04, 2021, 06:07:13 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
I do not know, to me it seems you are doing the opposite of the tittle of your thread, people that trust their gut would have panicked and sold their coins, which is precisely what your family told you to do, but you are smart and know the potential of bitcoin and as such you are not going to be so easily convinced so I congratulate you.

However it is important to separate our feelings from our financial decisions, I love my family but if they told me to sell my bitcoin just because they are in panic because of a decrease in the price I will not listen to them, not only because it is my money and I can do whatever I want with it but also because I know way more about bitcoin than what they will ever know which means that their opinions are completely invalid, and even if the price followed their prediction it will not be because they are better investors than I am they will just be lucky to guess the direction of the market.


Title: Re: Trust your gut
Post by: gabbie2010 on February 04, 2021, 06:26:23 AM
Based on historical price  behavior or price action of Bitcoin a hodler is assured of constant price increase in a long term, price hits  an ATH of $20K in 2017 thereafter a major correction or pullback the price to $4K during the first wave of Covid-19 Bitcoin defying all odds pumped to another ATH of $40K within a year is clear and valid indication that the price could possibly pumped to $100K in the nearest future, afer-all OP has no any reason to sell it's better to hodl on.


Title: Re: Trust your gut
Post by: Obito on February 04, 2021, 06:30:14 AM
Depending on what you believe, if you want to save for the long term and believe the price will go higher, then do it.
I also like to include that OP should not give an F to what his/her family says to him/her, they have their own money, why let them decide on what to do with your bitcoin, it's not like they did something to help you get that money.


Title: Re: Trust your gut
Post by: Amejoaquim on February 04, 2021, 09:03:53 AM
Lol, thats so f**k*ng true.

Just follow your intuition and trust yourself especially if you really believe that can happen so just move on and don't listen others.

Many of us has same mine like you, and we believe that price can reach 100k.


Title: Re: Trust your gut
Post by: mariayaz on February 04, 2021, 09:46:08 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

True that. I learnt this lesson when i sold my alt coins when a friend said, i was holding them since 2017 and sold last year, i wish i could have held more and not sell. I will be listening to my guts feeling than anyone asking me to when i should sell my coins.


Title: Re: Trust your gut
Post by: MCobian on February 04, 2021, 12:12:10 PM
Therefore I am lazy to tell other people that I invest in Bitcoin. Even parents, my friends and neighbors do not know I invested in Bitcoin. Because
I don't want them to influence the decisions I make about Bitcoin investment. We really have to believe in our own ability to analyze the market,
sometimes other people's opinions will only make us  make wrong decisions.

What you do is very right not to listen to your family to sell your Bitcoin, when it comes down to a price of $ 30k. Because now slowly the price of
Bitcoin is starting to rise again and in the near future it is likely to go up again to the price of $ 40k.


Title: Re: Trust your gut
Post by: gregy45 on February 04, 2021, 08:00:29 PM
Well... There are several ways to predict changes in the price of cryptocurrencies and other financial instruments. You need to know how to determine the trend reversal, why the emotions of investors play an important role in the digital money market, and what you need to monitor in order to learn how to predict the movements of bitcoin and altcoin quotes.
First, you never need to go against the trend. When a trend reverses, it slows down slowly, and this is most often the correct pivot point. And you need to carefully monitor the number of wallets, the number of transactions, and the cost of mining — this data helps to understand the ratio of supply and demand (applicability) of bitcoin.

It is also important to monitor the support or resistance levels, but it is more correct to call them "zones" because these are not levels like lines, but zones around some prices that the asset has tried to overcome several times.

But anyway, I think, it's important to trust the experience. I think, some persons just have some special guts about trending and pricing. If you need any tips, I would like to recommend contacting this person (Roust-Semy). He can give some valuable advice.


Title: Re: Trust your gut
Post by: ice098 on February 04, 2021, 09:19:56 PM
Yes it is your own money so whatever you want to do with your money whether you want to hodl it for the next 10years it's okay or just sell it now and buy other coins well that's fine too. But you need to learn when is the right time of course not only your guts will be the signal for you to sell it. Well their suggestion will matter if they own a little part of your investment or you own them something just for you to buy that bitcoin.


Title: Re: Trust your gut
Post by: Twentyonepaylots on February 04, 2021, 10:33:18 PM
Good decision, considering how influential family members can be especially in terms of financial matters. For those of us who are in the same situation as OP, take into account these two things
1. They didn't chip in to fund your investment
2. If you lose, you lose alone. If you win, you win with the world.

That should inspire some of us stuck in the same situation as OP and is more oppressed than he is.
Therefore I am lazy to tell other people that I invest in Bitcoin. Even parents, my friends and neighbors do not know I invested in Bitcoin. Because
I don't want them to influence the decisions I make about Bitcoin investment. We really have to believe in our own ability to analyze the market,
sometimes other people's opinions will only make us  make wrong decisions.

What you do is very right not to listen to your family to sell your Bitcoin, when it comes down to a price of $ 30k. Because now slowly the price of
Bitcoin is starting to rise again and in the near future it is likely to go up again to the price of $ 40k.
This is also a good way to make sure nobody's dictating or influencimg your investment decisions. Just don't tell them you HODL bitcoin in the first place lmao.


Title: Re: Trust your gut
Post by: FlightyPouch on February 04, 2021, 10:42:34 PM
Congratulations on that buy and congratulations on that profit you are sitting on right now. There might be a lot of new investors nowadays but only a few invested in that dip, most of them even panicked when they saw the price like that. Investors should really learn a thing from you because this is how we should be.


Title: Re: Trust your gut
Post by: Jating on February 05, 2021, 07:34:05 AM
Congratulations on that buy and congratulations on that profit you are sitting on right now. There might be a lot of new investors nowadays but only a few invested in that dip, most of them even panicked when they saw the price like that. Investors should really learn a thing from you because this is how we should be.

Newbie investors will really have to learn their lessons here in a very expensive way, specially then they panic and push the sell button and then the price goes on the next day or two. I think most of has experienced this sort of thingy, but it makes us stronger and knows what to do next.

As for others telling us what to do, nah, not good, so it's better to make our decision. Besides, is our money anyways so regardless of what they are going to say, don't allow yourself to be influence by others, just saying.


Title: Re: Trust your gut
Post by: Kelvinid on February 05, 2021, 07:48:43 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
Sometimes our family members could be badly influencing and sometimes be good. But we are talking into a thing that we mostly know what we are doing where we could think that our decision is more important than with them. However, we have to listen to them as well for we know that they are a part of our life.

Buying at $10k then sell at $41k is a big profit already, But that only if you listen to them. That is passing by, you don't need the money yet and that seems you are to keep holding for the next ATH.


Title: Re: Trust your gut
Post by: Fesatmas on February 05, 2021, 04:13:32 PM
I agree with you, don't be easily influenced by other people, family or friends. Believing in instincts is very important, especially in the crypto world, instinct is the main thing, but it cannot be excluded from monitoring market developments.

is true, but all of that will be things that hinder trust if it clash with your needs. what are we going to take? clearly following the wishes of parents and closest friends. indeed instinct and trust are tested when holding crypto is displayed like this. not a few of them sell early because of urgent needs.


Title: Re: Trust your gut
Post by: Lorokan on February 05, 2021, 06:22:01 PM
It is ofcourse very good to hodl, but i crypto currency trading and investment is much more wider than just trusting your guts; you must be informed with the right datas, information because bitcoin trading does not care about your emotions at all.


Title: Re: Trust your gut
Post by: Webetcoins on February 06, 2021, 03:09:40 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
I don’t tell people that I invest Bitcoin, only my brother knows that I am investing in Bitcoin, and he knows that because we are both very close and he haven’t told anyone about it, he’s just keeping it to himself, same as me.

But, I have also seen stories that are a reverse of what you have experienced, I’ve seen someone who complained that he was warned to sell his bitcoins and he never did and now he stands to regret the decisions he made. So it’s always good to play it safe, if you feel you should sell, you can take it a little and not sell all of them. You still made a good decision though, and by the way holding at $30,000 isn’t bad since you bought at $10,000.

As for the $100,000 price, let’s wait and see that, I would love to see it happen soon.


Title: Re: Trust your gut
Post by: Kocret02 on February 06, 2021, 03:16:05 PM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀
You buy $ 10k and when the price is $ 30k your family panics sell?
I like your calm attitude and not affected by any situation. Keep holding bitcoins until you get back to $ 40k. That is likely to make your family happy when you can sell for $ 40k or higher.


Title: Re: Trust your gut
Post by: crwth on February 06, 2021, 03:16:48 PM
You made the right choice for now. What do you think is the next step for BTC? Do you think it will reach that high with the current situation? I think you should cash out some and treat your family with your profits and let them know that they should do the same.

I think that's the basic thing you should do when it comes to family. Just hear them out but not let them decide what you do or not do with your money.


Title: Re: Trust your gut
Post by: Natsuu on February 07, 2021, 05:04:50 AM
My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.

100k EOY🚀

This same goes for the colleagues and friends. Don't let them cloud your decision as you already have plans, and sticking out to your own plan is the best way to trade, as following others will only make you lost and undefine.