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Author Topic: Trust your gut  (Read 499 times)
Shasha80
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January 17, 2021, 01:06:30 AM
 #41

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.

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January 17, 2021, 03:38:27 AM
 #42

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.

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January 17, 2021, 03:50:37 AM
 #43

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.

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January 17, 2021, 06:29:57 AM
 #44

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.

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February 03, 2021, 07:34:04 AM
 #45

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.
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February 03, 2021, 12:08:01 PM
 #46

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.

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February 03, 2021, 01:48:59 PM
 #47

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.
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February 03, 2021, 01:54:30 PM
 #48

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.

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February 03, 2021, 02:34:08 PM
 #49

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.

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February 03, 2021, 02:57:43 PM
 #50

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  Grin. 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.

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February 03, 2021, 03:22:40 PM
 #51

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  Grin. 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.
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February 03, 2021, 03:48:43 PM
 #52

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.

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February 03, 2021, 04:08:48 PM
 #53

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.

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February 03, 2021, 04:10:06 PM
 #54

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.

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February 03, 2021, 04:39:43 PM
 #55

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.

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February 04, 2021, 12:34:36 AM
 #56

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.

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February 04, 2021, 03:50:57 AM
 #57

Depending on what you believe, if you want to save for the long term and believe the price will go higher, then do it.
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February 04, 2021, 04:18:01 AM
 #58

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.

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February 04, 2021, 05:53:47 AM
 #59

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.
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February 04, 2021, 05:59:24 AM
 #60

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 Cheesy

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

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