Are You Really going to Sell?

[Callido]

Recently I started having second thoughts on what is the fate of bitcoin but of course I'm in this community that gives me more courage to hold more than I would have hold if I wasn't here, threads like this have kept me going.

Since I didn't sell for so long I don't think I will be selling now that it's pretty confirmed that we are just in the boring first five months before a big pump.

I am new to this forum, I used to do short term investment or trading. From there I used to lose a lot of money and I got very disappointed. After a few days I got acquainted with this forum. And from this forum I got to know about long term investment and I am moving towards investment. I used to lose money by trading and I thought that maybe all this is a scam. But after getting acquainted with this forum, my thinking has completely changed. And I am trying to find a stable source of income so that I can invest for the long term.

It takes time to build on Bitcoin knowledge, there are those with similar motivation, many long term investors you see in the forum were once meme and altcoin initiators who have lost huge bucks inside so many Ponzi. Trading Bitcoin gives a 50/50 chance of getting anything in return, that is why now we see investors populating because they now understand the benefits of a long term investment.

You don't want to start your investment without having a good job, it's not about having the urge to get into Bitcoin investment, there has to be enough capital to invest and still have much to save up. If you do not have backup funds for your investment, may end up selling everything you had managed to accumulate while it is very early.

[STT]

We're on the 50 week average line and the last time that was broken below was start of the 2023 early on in the bull run.  In 2024 we came close, after waving about for months in August and September we nearly broke below but not especially gaining that last bit of traction downwards.   To continue a move especially now downwards might be argued as especially weaker then we have been in over 2 years.  This is momentum and trade based weakness rather then long term volume reactive direction, I think its possible but unlikely.

[fuguebtc]

Selling Bitcoin should not be seen as a crime because without buying and selling, Bitcoin is useless. The problem I have noticed is that most of you seems to only see Bitcoin from the angle of money and not on the use case. Assuming we cherish the use case of Bitcoin, then there would have encouragement for people to use Bitcoin in paying for goods and services which in reality involves selling of Bitcoin. The only part I consider bad is selling Bitcoin with the intention of quick profits or selling at a loss thinking you want to avoid further losses when you would have made more profits if you held longer.

In the same  vein,  selling bitcoins should not be considered a crime or a mistake, everyone has different investment goals, we should not impose our thoughts on others. But I don't see anything wrong with many people considering bitcoin as just an investment because that  is also one of the use cases of bitcoin. Everyone has different needs and preferences, so there is no need to feel uncomfortable when someone does not use  bitcoin for the same purposes as us.

You are not the only one, some other people  also complain about bitcoin being used for its original purpose, most of them do not use it as currency, payment .  But as you can see: how many governments, countries , stores accept bitcoin as currency , payment method? Even if many people want to use bitcoin as a currency, how will they use it if their country bans it ?

[pinggoki]

Knowing and establishing your selling point in bitcoin really helps out a lot if you want to make sure that you're not tempted to sell your bitcoin even if it's the current highest price, having trust in what bitcoin does is probably the best thing that you can do as a hodler, people have been talking about not worrying when dips happen but I can still see a lot of people in my local crypto community going hysterical whenever bitcoin dips or any crypto with a trusted long-term viability dips a bit, they think that it's the end of the world and they end up letting their emotions control themselves and so they end up selling at a loss.

Imposing a goal in your investment journey is probably for the best and probably the thing that works the best no matter, having that and discipline would probably go a long way.

[jaberwock]

The market is crazy and a lot of investors are selling at loss thinking that the price will dip even more, actually it will go even Dipper to $70 but I'm not even worried because I know Bitcoin will record a new ATH and even if it's going to be in the second half of the year I don't mind waiting, buying as much as I can now and keep holding, it is only investors that has failed to study Bitcoin carefully that will get caught up in FUD. As a true Bitcoin investor it's only natural to feel anxious about the market but it's also important to ignore this short term noises.

If people didn't sell, the price wouldn't drop from all time high prices to 80k levels, of course it has been up and down a few times since then, but we have seen people sell. I can't really put my finger on why exactly they want to get out right now, after all it is a good period to invest at the moment, a good 30-40% return is quite possible for the short term (less than a year) and yet people still want to sell and get out, I can't really see why that would be the case but I understand that is what is happening.

Hopefully with time we could change these for the better, and we could end up buying more. For the market to grow higher again, a lot of people needs to buy a lot of bitcoin to make it grow higher in price again.

[Churchillvv]

Recently I started having second thoughts on what is the fate of bitcoin but of course I'm in this community that gives me more courage to hold more than I would have hold if I wasn't here, threads like this have kept me going.

Since I didn't sell for so long I don't think I will be selling now that it's pretty confirmed that we are just in the boring first five months before a big pump.

I am new to this forum, I used to do short term investment or trading. From there I used to lose a lot of money and I got very disappointed. After a few days I got acquainted with this forum. And from this forum I got to know about long term investment and I am moving towards investment. I used to lose money by trading and I thought that maybe all this is a scam. But after getting acquainted with this forum, my thinking has completely changed. And I am trying to find a stable source of income so that I can invest for the long term.

Nice to know that you're becoming more of a holder than a trader as risk limitation is now paramount, from observations trading has set most guys up with thoughts that they can beat high tech companies and cooperative miners hence they lost a lot but bitcoin and holding reduces this risk of much losses and keeps you on a longer term vision just as you have began the journey.

Selling you coins at the premature prices is very unfortunate and shouldn't be considered so hold and enjoy the pumps and ATH soon 

[Muba20]

The market is neither bullish nor bearish at the moment. If those who decide to give up Bitcoin at this time will be at risk because even if the price of Bitcoin decreases slightly, its price can rise significantly at any time. Even if the price decreases slightly, it is better to hold Bitcoin. Because if we could be a holder of Bitcoin, then we would definitely be able to profit more from Bitcoin. In the meantime, the price of Bitcoin has increased by 4.5% in the last 24 hours. Currently, the price of Bitcoin is 86k and the market can go above 90k. Those who could not hold their Bitcoin in the meantime have lost their wealth. There will be excitement in the market but the investor must control his emotion or he will lose.

[STT]

Sell on what time frame is relevant question, because the only sell Im seeing is the very fast trader who sells at end of day.  Obviously some trades should be ended fast, especially on leverage but most times an average participant buys BTC it should be held onto unless you become convinced of a new low appearing.

I think we do test lower prices and this last low has not been proven well enough to say that the bottom price is in.  The place to watch now is about 92k, if we get that far and can confirm beyond it then this negative action has failed to play out or resolve downwards.   Until then we are still within range of the move, the low and high are still descending at the moment, the fluctuation is what always makes movement deceptive.
   We put in a lower low, stay cautious and on guard for a faster and more harsh sell downwards, for what reason that would be justified I dont know.

[ZeroVinsonN]

I sold a lot over 100k and have a lot of powder to buy.

I figure we are going under 70k soon.  I have been loading up bigly.

Selling when the price was over 100k is not a mistake, if that was a part of your price target for selling, it's also good if you have a really good stash hidden away for you, as tempting as it was to sell, a lot of people didn't sell and even with this price DIP I still believe that their choice wasn't the wrong one.

[Gaza13]

Knowing and establishing your selling point in bitcoin really helps out a lot if you want to make sure that you're not tempted to sell your bitcoin even if it's the current highest price, having trust in what bitcoin does is probably the best thing that you can do as a hodler, people have been talking about not worrying when dips happen but I can still see a lot of people in my local crypto community going hysterical whenever bitcoin dips or any crypto with a trusted long-term viability dips a bit, they think that it's the end of the world and they end up letting their emotions control themselves and so they end up selling at a loss.

Imposing a goal in your investment journey is probably for the best and probably the thing that works the best no matter, having that and discipline would probably go a long way.

Yes, being consistent or setting clear and measurable goals in the investment journey is very important, this will determine the results of the investment that we want and will not be tempted at all to sell it before it is in accordance with our planning. I think if they already understand what they are buying and have good benefits, they should not panic about incidents like this.

Most likely or in general, their knowledge of this investment is still minimal and they are not willing that the money they put in the investment will shrink when a decline occurs, it is better if this understanding must be educated or a good understanding that price fluctuations are common or normal in the investment world so there is no need to worry if there is a decline, this is only temporary, there will definitely be a time when the increase will arrive.

[Litzki1990]

If investors plan before investing and if they want to stick to their plan then I think no one would want to sell their investment now. Although the market is in a good position now, maximum investors are expecting something better and the market can go to a better position. If we sell our investment then our expectation of Bitcoin will be gone but if we risk holding our investment then there will be some chance that we will get something good in future from the investment we have. As investment is planned for long term and with certain expectations, I think it is not right for investors to sell investment at this time. But if one is in extra trouble and is compelled to sell the investment, he may decide to do so personally.

[bitgolden]

Selling bitcoin is not something I ever do with happiness. Even if I make a lot of profit, I would rather hold and never sell, not even a dime. But life isn't always that linear and straight forward, so we end up with some mistakes and this causes us to have some big mistakes on the long term.

If I end up with some financial trouble, which I already am in one, then I end up trying to sell my bitcoin to get out, this happened a few times already. Sad thing about having constant troubles in your life for YEARS, is that, you save enough money and make some profit from bitcoin and it starts to look decent and then everything goes down to nothing. It's a sad situation and I hope to fix that one day by having enough saved that even if I sell some, there will be a lot left over.

[Olatundespo]

If investors plan before investing and if they want to stick to their plan then I think no one would want to sell their investment now. Although the market is in a good position now, maximum investors are expecting something better and the market can go to a better position. If we sell our investment then our expectation of Bitcoin will be gone but if we risk holding our investment then there will be some chance that we will get something good in future from the investment we have. As investment is planned for long term and with certain expectations, I think it is not right for investors to sell investment at this time. But if one is in extra trouble and is compelled to sell the investment, he may decide to do so personally.

In Bitcoin investment an investor who regularly buys at various prices in the market with the goal of increasing his holdings and increasing his target is a moderate investment. The current market situation is a moderate one for investment but investors who are saving regularly should refrain from being tempted to sell. People who plan to save do not want to face liquidity crisis in any market regardless of the price because they have to plan and reach the point according to their target. The advice given to someone to keep in the market is not forced. What matters for investors here is how far he is in getting his reasonable profit or how ready his portfolio is to sell. If he is far behind his target and for a few more years, then he should solve the problem in alternative ways rather than withdrawing the investment. For investors, it is important to have backup funds and floating cash funds during the investment period and possibly a long term.

[hyudien]

Selling bitcoin is not something I ever do with happiness. Even if I make a lot of profit, I would rather hold and never sell, not even a dime. But life isn't always that linear and straight forward, so we end up with some mistakes and this causes us to have some big mistakes on the long term.

If I end up with some financial trouble, which I already am in one, then I end up trying to sell my bitcoin to get out, this happened a few times already. Sad thing about having constant troubles in your life for YEARS, is that, you save enough money and make some profit from bitcoin and it starts to look decent and then everything goes down to nothing. It's a sad situation and I hope to fix that one day by having enough saved that even if I sell some, there will be a lot left over.

I like that you have a strong feeling towards bitcoin where you prefer to keep the asset and this shows that in your eyes bitcoin is not just an asset that only provides profit. It's like bitcoin is a wonder of the world and having it becomes a happiness. But the fact is that the life we ​​live will not go according to plan and the worry of selling what is already ours cannot be avoided as in your case and everyone must have experienced it. And to cover up every mistake is to improve finances because of course to support the plan to collect bitcoin is with strong finances.
The latter is a positive view and shows that you have the will to improve your financial situation.

[philipma1957]

I sold a lot over 100k and have a lot of powder to buy.

I figure we are going under 70k soon.  I have been loading up bigly.

Selling when the price was over 100k is not a mistake, if that was a part of your price target for selling, it's also good if you have a really good stash hidden away for you, as tempting as it was to sell, a lot of people didn't sell and even with this price DIP I still believe that their choice wasn't the wrong one.

if they were in at 50k sold at 105k

and bought back at 80k they would have the same amount of coin and they would have cash to spare.


but as I said my sale was tax free as I had a carry over loss. of around 59k

[Lanatsa]

Knowing and establishing your selling point in bitcoin really helps out a lot if you want to make sure that you're not tempted to sell your bitcoin even if it's the current highest price, having trust in what bitcoin does is probably the best thing that you can do as a hodler, people have been talking about not worrying when dips happen but I can still see a lot of people in my local crypto community going hysterical whenever bitcoin dips or any crypto with a trusted long-term viability dips a bit, they think that it's the end of the world and they end up letting their emotions control themselves and so they end up selling at a loss.

Imposing a goal in your investment journey is probably for the best and probably the thing that works the best no matter, having that and discipline would probably go a long way.

Yes, being consistent or setting clear and measurable goals in the investment journey is very important, this will determine the results of the investment that we want and will not be tempted at all to sell it before it is in accordance with our planning. I think if they already understand what they are buying and have good benefits, they should not panic about incidents like this.

Most likely or in general, their knowledge of this investment is still minimal and they are not willing that the money they put in the investment will shrink when a decline occurs, it is better if this understanding must be educated or a good understanding that price fluctuations are common or normal in the investment world so there is no need to worry if there is a decline, this is only temporary, there will definitely be a time when the increase will arrive.

Set goals or targets on which you would really be needing up to consider this one out because we do know that on the time or moment that you dont set out these things then you've seen your investment goes south then you will be panicking and might be selling out early, on which in compared into those people who had been already that setting out some back up plans or steps to make once the market do make out some significant move. Selling out targets whether for long term aspect or should really be that one on with those significant market movements on which this is indeed happening. No one really knows on where these price do moves and this is why it will really be that best on setting up some goals so that whenever something happens then you do already know on what you should gonna do at least.

In my case i do make out some sell targets on which i have bought on lower and sell it on peak on 100k on which its a good decision since the price had made out some corrections. This is somehow the steps that you should really be that making so that you wont be ending up on regret. The key on here is that you should really be setting out goals and targets on which whenever it do happens then you do know on what you should gonna do and if you do made out that right decision then it do give out or shows that you are really that becoming a better trader or investor on this space.

[boyptc]

Selling bitcoin is not something I ever do with happiness. Even if I make a lot of profit, I would rather hold and never sell, not even a dime. But life isn't always that linear and straight forward, so we end up with some mistakes and this causes us to have some big mistakes on the long term.

Let's not make selling thinking of it as a mistake. If the others that have held for so long and did sold for profits, it's not a mistake on their end.

And if you're not going to sell and will always hold, that's also fine. I'm not selling with the most that I have but it doesn't mean that I'll never sell.

I'll have to learn from the past cycles that it's normal to take some as reward for holding because we can always buy back if it's below our sold price.