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Question: Sold during the dip or still holding up
Yes,  i have sold mine
Still holding strong
Dont have btc
Planning to buy now
Waiting for the 25k mark before selling
Sold a little but i have bought more now

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Author Topic: Are you still holding your coins #btc  (Read 1910 times)
Jatiluhung
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February 11, 2023, 02:20:48 AM
 #221

I sold all my Bitcoins when it's 44700$. Now i'm just waiting to buy more. I thought this month it will went again 14-15k soon. But seems like this is a bull trap. So just keep waiting. Let's see what happens in next 4-5 months.

why don't you do DCA since bitcoin price is in the 15k-17k area. because in 2022 yesterday BTC was quite long in that area. i doubt bitcoin will come back into the area unless some bigger FUD happens. even now BTC is experiencing a correction due to the cessation of staking by Kraken. and some other fud from America. But not rushing in accumulation is also an important point. But I hope you can stay calm if Bitcoin does not return to the sub-16k area. But everyone has their own strategy in investing in bitcoin. and I congratulate you because you have sold a high area at that time. so you should feel pretty calm looking at the current price. because you can buy more.

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coinerer
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February 11, 2023, 04:36:27 AM
 #222

I sold all my Bitcoins when it's 44700$. Now i'm just waiting to buy more. I thought this month it will went again 14-15k soon. But seems like this is a bull trap. So just keep waiting. Let's see what happens in next 4-5 months.

why don't you do DCA since bitcoin price is in the 15k-17k area. because in 2022 yesterday BTC was quite long in that area. i doubt bitcoin will come back into the area unless some bigger FUD happens. even now BTC is experiencing a correction due to the cessation of staking by Kraken. and some other fud from America. But not rushing in accumulation is also an important point. But I hope you can stay calm if Bitcoin does not return to the sub-16k area. But everyone has their own strategy in investing in bitcoin. and I congratulate you because you have sold a high area at that time. so you should feel pretty calm looking at the current price. because you can buy more.
DCA is always a good strategy for investment. When the price of bitcoin dropped to $15000 we should have adopted the DCA strategy I think many did this and many thought that the price of bitcoin would drop further which is why they waited longer but again bitcoin pumped up to $24000 but that didn't last.  It was again reduced to $21000.  So I think there is still time to start adopting the DCA strategy and watch the market conditions all the time. Due to my personal expenses I could not collect bitcoins when bitcoin prices were low but now I am trying hard to save bitcoins and follow the DCA strategy


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February 12, 2023, 06:50:08 AM
 #223

~snip~
DCA is always a good strategy for investment. When the price of bitcoin dropped to $15000 we should have adopted the DCA strategy I think many did this and many thought that the price of bitcoin would drop further which is why they waited longer but again bitcoin pumped up to $24000 but that didn't last.  It was again reduced to $21000.  So I think there is still time to start adopting the DCA strategy and watch the market conditions all the time. Due to my personal expenses I could not collect bitcoins when bitcoin prices were low but now I am trying hard to save bitcoins and follow the DCA strategy

At the end of day "DCA" is simply saving money, in Bitcoin.

I kinda don't like what DCA implies because it's so fixated with the fiat price of Bitcoin.

Once you simply save money in Bitcoin you can simply relax and enjoy your life doing valuable things.

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coinerer
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February 12, 2023, 07:57:56 AM
 #224

~snip~
DCA is always a good strategy for investment. When the price of bitcoin dropped to $15000 we should have adopted the DCA strategy I think many did this and many thought that the price of bitcoin would drop further which is why they waited longer but again bitcoin pumped up to $24000 but that didn't last.  It was again reduced to $21000.  So I think there is still time to start adopting the DCA strategy and watch the market conditions all the time. Due to my personal expenses I could not collect bitcoins when bitcoin prices were low but now I am trying hard to save bitcoins and follow the DCA strategy

At the end of day "DCA" is simply saving money, in Bitcoin.
I kinda don't like what DCA implies because it's so fixated with the fiat price of Bitcoin.
Once you simply save money in Bitcoin you can simply relax and enjoy your life doing valuable things.
Investing in Bitcoin is always relaxing, I am not against it.  But doing DCA can get more bitcoins for the same amount of money and sometimes less.  DCA only promotes peace of mind. Sometimes DCA also protects against many losses. Especially when we invest in it for long time but unfortunately we have to sell it for some emergency work.  But then if the price of Bitcoin falls too much from the purchase price then we have to face a lot of loss.  DCA saves some losses in this case. Isn't that a good point?


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February 12, 2023, 12:17:26 PM
 #225

Alhamdullilah, Still holding some amount and also planing for some more even if BTC is going to break 20K Support again then i am planing for a Regular DCA until BTC hit 28 K again. Even i have some ideas now as i am trying to find out some loan on collateral and going to use my current holding to avail a new loan and then put the loan amount again to Bitcoin but its a bit risky so i am waiting for the BTC next move in the coming week. IF it breaks the major support level of 20k then for sure i will try my best to buy more.

I have some fixed goals for the 2023 so hope so BTC is going to make it possible

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February 13, 2023, 12:09:06 AM
 #226

~snip~
Investing in Bitcoin is always relaxing, I am not against it.  But doing DCA can get more bitcoins for the same amount of money and sometimes less.  DCA only promotes peace of mind. Sometimes DCA also protects against many losses. Especially when we invest in it for long time but unfortunately we have to sell it for some emergency work.  But then if the price of Bitcoin falls too much from the purchase price then we have to face a lot of loss.  DCA saves some losses in this case. Isn't that a good point?

Yes, that's basically what I was saying.

I just think that the name is too focused on the fiat price of Bitcoin, when in reality the mindset should be just saving in Bitcoin, independent of the price in fiat.

At the end of the day, we might have a larger proportion of the population getting paid in Bitcoin, and that means that the notion of DCA would disappear because you're not buying Bitcoin, you're just saving money.

That's all.

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February 13, 2023, 12:32:10 AM
 #227

Unfortunately am no longer a hodler as I have taught myself how to trade these assets using a broker, which as really turned out much more profitable as compared to holding which can take way too long to give you satisfying results(profits) !
Gonna hold until it will hit at least six figures
6 figures like the optimism!
I guess it wouldn't be a bad idea to save up some coins for the next generation and not treat this as an investment to reap profits from.

R


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February 13, 2023, 01:49:18 AM
 #228

I think it's pretty stupid to sell right now. Yes, everything will probably go even lower, but DCA is still the best tactic. So buy and hodl bros.
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February 13, 2023, 02:31:03 AM
 #229

two choices from the list , I am still holding and looking for ways to sell at 20k and up .

but another thing that I wanted to buy more if the price continues to decline , if 10k is possible to happen then i will buy more and more from the line.

I still hold my btc, but actually when I look at the market now I feel like selling, because the price of btc has increased quite well, but with all my might I will try to hold bitcoin until the btc price is more than 70000 dollars.I believe that the increase in bitcoin prices in 2023 is a good start.
because there are double digit increase meaning we can find ways to sell , remember that there are much for bitcoin to reach so better to wait.

and also ? I have no reason to sell for now as I have enough budget for living so why need to sell?

I think it's pretty stupid to sell right now. Yes, everything will probably go even lower, but DCA is still the best tactic. So buy and hodl bros.
wrong , those who have been trapped late 2022 is surely profiting this time around.

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February 13, 2023, 03:45:28 AM
 #230

I think it's pretty stupid to sell right now. Yes, everything will probably go even lower, but DCA is still the best tactic. So buy and hodl bros.

Yes. exactly. And the halving is gonna happen in less than 100 days. If someone really wants to sell BTC, at least it's worth waiting until that happens.
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February 13, 2023, 03:50:46 AM
 #231

I think it's pretty stupid to sell right now. Yes, everything will probably go even lower, but DCA is still the best tactic. So buy and hodl bros.

Yes. exactly. And the halving is gonna happen in less than 100 days. If someone really wants to sell BTC, at least it's worth waiting until that happens.

when an investor has had their Bitcoin long enough and then he wakes up and sees that now his investment is making a profit. who refuses to sell it now?
I mean everyone's thinking is different. as well as investment planning. no one is stupid when they sell their Bitcoins. despite skipping ATH, believe me, every investor has their plan.
So it's up to you to sell or hold.


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