How to prevent selling your bitcoin prematurely, use this strategy

[ambisyon]

There are several ways in which you could prevent selling your btc prematurely in the event where there is a great dip in the market trend or bearish market that take too long to recover. I would suggest that investors should not react negatively in cases like this and it should be better to observed the market and hold your btc. As far as I had observed in the crypto market, after the bearish mode btc will surely make a comeback and regain the previous price it was before it undergo bearish market or sometimes it will spike more even reaching an increase of $1k after the adjustment.

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[Crypto Girl]

So in more sensible thought, invest more in bitcoin and less than altcoin since bitcoin is more established coin and somehow we can anticipate its movement.

Also don't diversify too much coins that you think you can't handle to avoid further losses.
And so I thought there's something strategical in OP but it's just for bounty and airdrops which is just a total rubbish.
And he's damn lucky for earning $3000 for an airdrop, I wonder what was that.

[spadaccino]

You just have to not look at the chart and you're fine. Believe in long term instead quicks bucks in short time and never believe in the media even if it's a good news. Invest only what you can lose and be ready to take advatages in the future. Nobody knows what we're dealing with so you're in the avartage stadium, and onlyh those with so many money can control the whole market right now, but they are fewer and fewer so I can only suggest you to reguard your privacy and choose anonymity. Privacy matter.

[Bittalk12]

1: instead of investing all my capital into bitcoin, i invest $17000 in bitcoin, the remaining $3000 goes into 6 different altcoin (I.e $500 in each).you can draft out yours.
In a situation where I'm in need of urgent  cash, that's where the altcoins come into play. They would be sold and that way I won't have to touch my capital investment in Bitcoin. This enables me to HODL for as long as I want.

This is somehow effective to multiply your bitcoin. Investing 15% of your funds to altcoins is a great idea if you trading those for a daily profit. If you are a day trader, handling 6 different altcoins to a single trading platform is a hard task but can be profitable because it supports each other or cover each losses.

2. I participate in airdrops. who doesn't like free money? Till date I have participated in over 150 airdrop, one of the best was hydrogen token cashing out about $3000 cool right ?.  The point I'm making here, is I participate in these airdrops to have altcoins I can turn to, if I find myself in need of urgent cash that way I don't get tempted to cash out my Bitcoin investment.

Joining aidrops is also one of the best thing to do to gain extra profit specially if the market is unstable or bleeding. Unfortunately, the chances of getting a profitable airdrops is below 10% based on my experience so you better join multiple airdrops so that a passive income will be surprising.

3. Join signature campaign, now this I was not doing until I stated spending more time in forum so decided to earn while I learn too. And so far, that have been going great and I haven't touched my initial investment in Bitcoin.

I also prefer joining signature because it is one of the best profitable part of the bounty campaign. Honestly, I learned a lot from this forum and most of the members here are always willing to share their ideas and knowledge. You earn while you learn in this signature campaign.

Over all, these advises are helpful specially to newbies or who wanted to earn in cryptocurrency. I might say that these strategies are effective to earn passively and will give you a better idea how multitask or multiply your income.

[quocsi]

Thank you for sharing this investment strategy. The strategy is very smart and effective. We should not focus our entire investment on bitcoin. And in case you need money to pay for your daily expenses, you have to sell bitcoin at a cheap price. You should invest more than half of your capital into bitcoin. The remaining capital should be subdivided and invested in potential altcoins. You can use the altcoin that trades daily to make a profit.

[Thirdspace]

the notion of "selling your bitcoin prematurely" hints me to situation of cashing out too early
I thought OP is going to share technique on maximizing profit in bitcoin trading
but it looks like just a usual strategy of investment portfolio diversification  

~
Now I know this might not be the best strategy you must have heard of, but it works for me and ever since i bought Bitcoin (late 2016) I haven't touched my bitcoin investment) ...

I would say you missed the opportunity to double your bitcoin amount or investment value  
if you bought late 2016, should be less than $1,000/BTC, you should've sold it sometime late 2017
you could've made 1500%+ profit (15x) if you've sold it for at least $15,000/BTC early dec 2017
then you could've bought back in feb or april 2018 for ~$7,000/BTC

if you started with 1 BTC (value was $1,000) and now you would have 2 BTC (value $13,000 at $6,500 rate)
compared to HODL 1 BTC (value was $1,000) and now still HODL 1 BTC (value $6,500)

[Simsonie]

it seems to me that your strategy is clear enough for everyone to understand. Thank you for you useful sharing

[Dudeperfect]

Panic selling takes place when there is a less confidence in the research behind taking any particular investment decision. I have always believed that diversification based on investment options as well as systematic investment plan (that emphasizes on buying a smaller unit at a certain frequency of time). However, to do research before taking an investment decision is a crucial factor in building trading/investment strategies.

[Aidenpeters]

You should not invest in altcoins because those value might turn into very low soon though every person in this community has it's own different strategies. For me the only strategy is just invest into btc for a long term period.

[RileyPeterson]

the most important thing in a moment like this is to stay calm, use your wits and think carefully as a rash decision could end up turning a good investment into a bad one. Being calm and patient is key.

[KassandrHicks]

It's all on the business strategy of the investor. If he thinks selling it would be good, then there should be no problem. But if he wants to really suppress himself from selling, then he should think about the future benefit he would get and also invest from his spare and reserved money.

[rodalutor]

My investment strategy: (budget $20,000)
 Note: this strategy can work for any budget ratio 70:30.
1: instead of investing all my capital into bitcoin, i invest $17000 in bitcoin, the remaining $3000 goes into 6 different altcoin (I.e $500 in each).you can draft out yours.

That's an 85:15 ratio. A sensible idea is always to save some fiat to invest later if the price falls for example, you can't always time a buy point perfectly. Having spare fiat allows you to take advantage of any dips.

Investment value will all depends on our faith and belief in crypto currency but in the first place granting that we have money for it because if we force to use money that tend for other purpose then the most possible happen is that we have to sell our coin prematurely because we badly need money.

Yeah, one bad decision always leads to even more bad decisions. One of the first decisions is how much to invest and investing too much only leads to being forced in to unwanted financial situations like you spoke of.

[Harrow30]

I did used to participate in airdrops until now when the market really dipped and I stopped; missed out on the hydrogen freebie too. Good advice you have here and wish people won't need to sell unnecessarily after reading this and wait for the future when their acquired tokens  will really count.

[cizatext]

Many individuals get attracted to Bitcoin because of the potential ROI they see in the investment instead of using bitcoin as a day to day currency. Those individuals (investors) do every right until a dip in price of Bitcoin occurs then they panic sell (most times selling at a loss just to prevent more losses) but not all are that smart to play the market, making the most out of it.
Some individuals try the Hodling strategy but get catch off guard once they run out of cash are in need of urgent fiat currency then they cash out making them to miss on any potential ROI their investment would had given them.
Some even try the day to day, weekly or monthly trading but not all succeeds.
            

For any investor that have experiences any of situations mentioned above no worry because you can try the strategy in used below or take advice from other users replies.
 
My investment strategy, : (budget $20,000)
 Note: this strategy can work for any budget ratio 85:15 and was deployed based on the reason crypto is my only source of income.
1: instead of investing all my capital into bitcoin, i invest $17000 in bitcoin, the remaining $3000 goes into 6 different altcoin (I.e $500 in each).you can draft out yours.
In a situation where I'm in need of urgent  cash, that's where the altcoins come into play. They would be sold and that way I won't have to touch my capital investment in Bitcoin. This enables me to HODL for as long as I want.

2. I participate in airdrops. who doesn't like free money? Till date I have participated in over 150 airdrop, one of the best was hydrogen token cashing out about $3000 cool right ?.  The point I'm making here, is I participate in these airdrops to have altcoins I can turn to, if I find myself in need of urgent cash that way I don't get tempted to cash out my Bitcoin investment.

3. Join signature campaign, now this I was not doing until I stated spending more time in forum so decided to earn while I learn too. And so far, that have been going great and I haven't touched my initial investment in Bitcoin.

Now I know this might not be the best strategy you must have heard of, but it works for me and ever since i bought Bitcoin (late 2016) I haven't touched my bitcoin investment) in fact most times I even forget I own Bitcoins. Feel free to drop your strategy below, you might
just help a soul (potential investor) by so doing.

Nice investment plans there but you know because it worked for you does not mean it will work for others, as everyone has it own skill and luck some other persons will investment all their capital in bitcoin and still earn a good amount of profits. While others invested huge on altcoins that never made it to exchange.

[ratatat bangbang]

Simple, always have monitoring on the value of bitcoin and give your 100% patience and trust. It is good also while waiting or monitoring, you will join some bounty campaign or airdrop which gives you profit in a form of tokens.

[Al-e_x]

good strategy, and that is amazing. bitcoin is a priority, but you also don't forget to choose another altcoin to invest your assets. in a bearish market condition, I advise you to buy the best 10 crypto. but you can also choose FLXX, Odem, and others.

I don't like airdrop, I give up, because I always get free coins but garbage.

signatures are very promising, signatures always have a large allocation in each bounty.

[coolcoinz]

Simple, always have monitoring on the value of bitcoin and give your 100% patience and trust. It is good also while waiting or monitoring, you will join some bounty campaign or airdrop which gives you profit in a form of tokens.

It's so motivating, especially when that signature money you were earning become worth 10% less before the end of the month.
Monitoring the price is good only if you can control yourself. I don't like to do it all every day because in a bear market it brings me down. Watching the price reaching lower points every day will only lead you to a state of depression.

[Shimmiry]

It is not the best strategy though since we need to work here to maintain our capitals levels but in regular form of investment there is no need to work like in signature campaigns or aridrops which have no related to your investment.I also don't suggest you to invest in altcoins because those value might turn into very low soon so just keep that $3000 as cash and use them whenever you need in emergency situation.

Well we have different strategies and its for us to adopt someon strategy. Therefore all strategy can generate profit, because making strategy or thinking about it has the goal of to make or generate profit. But then it differ on how we work for it, how much money we have or how long can we allocate to it.

[BitcoinHunt3r]

It is not the best strategy though since we need to work here to maintain our capitals levels but in regular form of investment there is no need to work like in signature campaigns or aridrops which have no related to your investment.I also don't suggest you to invest in altcoins because those value might turn into very low soon so just keep that $3000 as cash and use them whenever you need in emergency situation.

Well we have different strategies and its for us to adopt someon strategy. Therefore all strategy can generate profit, because making strategy or thinking about it has the goal of to make or generate profit. But then it differ on how we work for it, how much money we have or how long can we allocate to it.

Any strategy, any capital. As long we can manage our mental and analyze what we invest, we will good at that investment. If we not really good at our mental, we will easy to get panic and then loss our investment.

[Nhor1011]

Remember I said this is what I used and it works fine for me. Also Crypto is my primary source of income, I'm still dependent (a student) so I'm investing my way to my financial freedom. My country Nigeria don't even have enough job for graduates, if you're suggesting I should get an alternative job. When you say spare I laugh because most people that give that advice don't even follow it.
Investment is more of a money game, the higher you invest the bigger your profit.

   You are right,the more you invest,the more profit you will gain ,you just need patience,knowledge and time. Everyone has it's own and different strategy  and braveness to take sime risk.