Be patient and you will be there soon.

[aylabadia05]

If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

Patience possessed by Bitcoin holders because it is based on adequate awareness. Bitcoin holders who set targets when to sell are said to be people who understand Bitcoin.
When analyzed Bitcoin has the opportunity to reach a price of $40k next month, it is not certain that the holder will sell. It is likely that it will continue to be maintained until it can pass the previous ATH price even though you have to wait for an even longer time.

[salad daging]

Investing in cryptocurrency, like any other investment does not imply a quick profit. You will still need to wait for your plan to work. You can say that you are lucky if the profit happens quickly and you bought coins at the bottom. But if the bear market is not over yet and you bought coins at a high price, you will have to wait long and nervously. Especially since not all coins recover.

Because here discussing bitcoin then there is no quick profit investing in bitcoin all of it takes patience long enough to produce greater, especially through its cycle, can be said to be 4/5 years, if only a few months or 1 year it is not enough in my opinion so make sure again to commit that bitcoin is for the long term, added during the bearish season then there is definitely panic and anxiety making us not calm to see the price continue to fall.

Though social media does play a great role in the adoption of cryptocurrencies, it also has a lot of negative effects as well such as there are a lot of scammers on social media platforms these days since they know people are crazy about cryptocurrencies and are always looking for ways to earn money online through cryptocurrencies and online investments, so scammers use these things in their favor and create phishing sites and create scam investment platforms to take away the hard-earned money of newbies.

Until now, there are still many platforms that offer investments in bitcoin with unreasonable returns, such as ponzi schemes and investments that offer high APY, this way they spread to some of their scammers so that more people are trapped in that investment, we must be careful otherwise the scammers will try to deceive you.

Investing is quite simple Choose a well-known Exchange, Buy and store it in a personal wallet, not on an unfamiliar platform.

[Hypnosis00]

If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

Patience possessed by Bitcoin holders because it is based on adequate awareness. Bitcoin holders who set targets when to sell are said to be people who understand Bitcoin.
When analyzed Bitcoin has the opportunity to reach a price of $40k next month, it is not certain that the holder will sell. It is likely that it will continue to be maintained until it can pass the previous ATH price even though you have to wait for an even longer time.

Real Investors don't rush in making their decision but they go through following the plan which is why, whatever happens in the market they keep calm as they believe that the time will come to see Bitcoin rise and hit their target. It is easy, right but wondering why many people are not doing the same is because we usually influence our emotions making no good responses and easily get panic once seeing declines. And this is the reason why the volatility of the market continues but honestly, we gain benefits from this and so do these whales.

[topbitcoin]

I was told that during in cryptocurrency investment that for we to achieve and plans for investment in cryptocurrency we most have a budget and also exercise patients in any of the investment of cryptocurrency and when we rush the investment we are going to lose and we have to be careful for the kind of investment we are going to involve ourselves in cryptocurrency, so I believe that with trust and not to be in hurry you will make a profit in long term investment of cryptocurrency depending the coin you are investing for, either bitcoin or altcoins

Investing in cryptocurrency, like any other investment does not imply a quick profit. You will still need to wait for your plan to work. You can say that you are lucky if the profit happens quickly and you bought coins at the bottom. But if the bear market is not over yet and you bought coins at a high price, you will have to wait long and nervously. Especially since not all coins recover.

But sometimes you have to rush to get the opportunity to get the cheapest price, for example when bitcoin touched the price level of $ 15k last year, I think people who didn't rush to take this opportunity they really regretted it in the end, even though they got a buying price that bitcoin could pick up again at a later time.
There needs to be a strategy and seeing opportunities, and as the saying goes, whales buy when bitcoin is red and anchovies will buy when it is green, this depends on mindset and first come first serve.
To avoid anxiety, I think it's better to use the right strategy like Lump Sump or DCA, it's better than being patient without a price target and goal to take.

And yes, we need time to make a profit in this situation, you need HODL or be patient until the selling price point is targeted, use the nature of patience where you have to use it wisely.

[ShowOff]

I was told that during in cryptocurrency investment that for we to achieve and plans for investment in cryptocurrency we most have a budget and also exercise patients in any of the investment of cryptocurrency and when we rush the investment we are going to lose and we have to be careful for the kind of investment we are going to involve ourselves in cryptocurrency, so I believe that with trust and not to be in hurry you will make a profit in long term investment of cryptocurrency depending the coin you are investing for, either bitcoin or altcoins

Investing in cryptocurrency, like any other investment does not imply a quick profit. You will still need to wait for your plan to work. You can say that you are lucky if the profit happens quickly and you bought coins at the bottom. But if the bear market is not over yet and you bought coins at a high price, you will have to wait long and nervously. Especially since not all coins recover.

There are times when crypto investors and traders get quick returns, but expecting it to always happen is completely impossible. Crypto price fluctuations are very erratic, so there is no guarantee that a trader or investor will get fast returns every time. Investors must of course be patient and do not rule out the possibility that they have a longer investment period than seasoned investors.

The mindset to avoid in any investment plan is, don't expect to get rich overnight, it's too hard. It takes time to get returns and each one of them has to be patient. As long as the target has not been reached, it is always good to be patient.

[Lanatsa]

I was told that during in cryptocurrency investment that for we to achieve and plans for investment in cryptocurrency we most have a budget and also exercise patients in any of the investment of cryptocurrency and when we rush the investment we are going to lose and we have to be careful for the kind of investment we are going to involve ourselves in cryptocurrency, so I believe that with trust and not to be in hurry you will make a profit in long term investment of cryptocurrency depending the coin you are investing for, either bitcoin or altcoins

Investing in cryptocurrency, like any other investment does not imply a quick profit. You will still need to wait for your plan to work. You can say that you are lucky if the profit happens quickly and you bought coins at the bottom. But if the bear market is not over yet and you bought coins at a high price, you will have to wait long and nervously. Especially since not all coins recover.

But sometimes you have to rush to get the opportunity to get the cheapest price, for example when bitcoin touched the price level of $ 15k last year, I think people who didn't rush to take this opportunity they really regretted it in the end, even though they got a buying price that bitcoin could pick up again at a later time.
There needs to be a strategy and seeing opportunities, and as the saying goes, whales buy when bitcoin is red and anchovies will buy when it is green, this depends on mindset and first come first serve.
To avoid anxiety, I think it's better to use the right strategy like Lump Sump or DCA, it's better than being patient without a price target and goal to take.

And yes, we need time to make a profit in this situation, you need HODL or be patient until the selling price point is targeted, use the nature of patience where you have to use it wisely.

Lots had been anticipating that the price would really be hitting up 10k on that time and even myself was really expecting to that and i had missed out on buying on that point until of that long wait i had seen that

the price is clinging back again on 20k on which it did result into that kind of thinking that there might be some pullback and would really be continuing on going down but now where we at now? 
Starting on buying when the price is hitting 24k which its true that you cant really be able to avoid on having those doubts and anxiety on the time that we are seeing the price is going down.
DCA? Easy to say but when you are on the actual situation or condition then this is something that questionable, you cant really make yourself that too confident on these kind of moments
on which seeing the price is going down.

You would really be starting on buying on the time that you do see the price is really clinging up. You wont really be having those considerations when the price is going down
until you do realize that it is really that too late on making such move.

[Mario Yamasaki]

I was told that during in cryptocurrency investment that for we to achieve and plans for investment in cryptocurrency we most have a budget and also exercise patients in any of the investment of cryptocurrency and when we rush the investment we are going to lose and we have to be careful for the kind of investment we are going to involve ourselves in cryptocurrency, so I believe that with trust and not to be in hurry you will make a profit in long term investment of cryptocurrency depending the coin you are investing for, either bitcoin or altcoins

Investing in cryptocurrency, like any other investment does not imply a quick profit. You will still need to wait for your plan to work. You can say that you are lucky if the profit happens quickly and you bought coins at the bottom. But if the bear market is not over yet and you bought coins at a high price, you will have to wait long and nervously. Especially since not all coins recover.

True, many people think that after buying bitcoins they will be successful and rich, this is because many people only upload profits when investing in bitcoins so that new users are interested in investing in bitcoins, when there is market turmoil and they see the facts are the opposite, they panic and sell at a loss.

[landheer]

as a btc investor, of course you have to have the patience to wait until the btc price is high and sell it when the btc price is high.

if I personally would not sell btc at that price
$ 40k because in my opinion the price of $ 40k btc can still be called cheap, and I plan to sell btc above $ 60k in order to get a big profit.

[Fakhrulenclix]

I was told that during in cryptocurrency investment that for we to achieve and plans for investment in cryptocurrency we most have a budget and also exercise patients in any of the investment of cryptocurrency and when we rush the investment we are going to lose and we have to be careful for the kind of investment we are going to involve ourselves in cryptocurrency, so I believe that with trust and not to be in hurry you will make a profit in long term investment of cryptocurrency depending the coin you are investing for, either bitcoin or altcoins

Investing in cryptocurrency, like any other investment does not imply a quick profit. You will still need to wait for your plan to work. You can say that you are lucky if the profit happens quickly and you bought coins at the bottom. But if the bear market is not over yet and you bought coins at a high price, you will have to wait long and nervously. Especially since not all coins recover.

True, many people think that after buying bitcoins they will be successful and rich, this is because many people only upload profits when investing in bitcoins so that new users are interested in investing in bitcoins, when there is market turmoil and they see the facts are the opposite, they panic and sell at a loss.

Panic and emotion can destroy everything, therefore, before investing, you must understand beforehand, especially Bitcoin, which has fast price movements.
To be able to take advantage of Bitcoin, patience is really needed, but besides that, it must also be based on some knowledge so that we can enter at the right time.
In my personal opinion, there is nothing to doubt anymore after seeing what has happened to the Bitcoin price movement since before, I think there is nothing to be afraid of and just be patient to be able to reach the price you are waiting for.

[Gallar]

~Snip
If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon.

Well, I agree with that. Because if you sell bitcoin at the current price, you won't get too big a profit. But if you hold it longer, until the bitcoin halving occurs next year, I also agree, the profits will definitely double. Especially if bitcoin reaches a new ATH next year, the profits will definitely be even bigger.
So for now, it would be nice to continue buying bitcoin assets. Because most likely, next year bitcoin will experience a greater increase in market price.

If the price of BTC reach $40k next month will you sell?

If it's for me personally, I definitely won't sell the bitcoin assets that I own, because as I wrote above, I will definitely keep waiting, until the bitcoin halving next year. Because if I sell the bitcoins that I have at a price of $ 40k, I will definitely get a profit too. But to be clear, I have a goal, and $40k is not my goal.

I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

Some bitcoin investors, surely many are waiting for the price of bitcoin to reach $ 100k and don't sell their assets before the price reaches that price. But according to my estimates, the majority of investors in bitcoin will definitely sell their assets when the halving comes next year.

[jostorres]

If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.

No, it's too low even though I bought below that price but it's not our target price of $40K, by selling at that price the profit is not multiplying I want more than that then I won't sell and it's better to stay HODL.

$100K is what I want to see become an all-time price again even more than that I think, waiting for the halving is the most appropriate for now rather than selling at the end of the year now, even when the price has reached $40K I will still continue to buy bitcoin to accumulate this is still below ATH in 2021 so I think it is still a low price.

For now, keep HODL and wait for the peak.

What exactly that below was? If its $35k to $30k then yeah, I may think twice as well but if it's under $10k or $5k then selling at $40k can give me a good income already but maybe I won't sell all what I got because I still can wait and I know there will be more increases that can come after it. Many of us are itchy to see Bitcoin fly at the price of $100k as that is going to be the first time for BTC to reach 6 digits.

Many of us believe that we can get it after the halving but not necessarily at the same year as it might take some time in order for the new changes to take effect. Maybe 2025 or beyond than that. It's going to be a long wait but it's gonna be worth it once you managed to HODL that high.

[topbitcoin]

But sometimes you have to rush to get the opportunity to get the cheapest price, for example when bitcoin touched the price level of $ 15k last year, I think people who didn't rush to take this opportunity they really regretted it in the end, even though they got a buying price that bitcoin could pick up again at a later time.
There needs to be a strategy and seeing opportunities, and as the saying goes, whales buy when bitcoin is red and anchovies will buy when it is green, this depends on mindset and first come first serve.
To avoid anxiety, I think it's better to use the right strategy like Lump Sump or DCA, it's better than being patient without a price target and goal to take.

And yes, we need time to make a profit in this situation, you need HODL or be patient until the selling price point is targeted, use the nature of patience where you have to use it wisely.

Lots had been anticipating that the price would really be hitting up 10k on that time and even myself was really expecting to that and i had missed out on buying on that point until of that long wait i had seen that

the price is clinging back again on 20k on which it did result into that kind of thinking that there might be some pullback and would really be continuing on going down but now where we at now? 
Starting on buying when the price is hitting 24k which its true that you cant really be able to avoid on having those doubts and anxiety on the time that we are seeing the price is going down.
DCA? Easy to say but when you are on the actual situation or condition then this is something that questionable, you cant really make yourself that too confident on these kind of moments
on which seeing the price is going down.

You would really be starting on buying on the time that you do see the price is really clinging up. You wont really be having those considerations when the price is going down
until you do realize that it is really that too late on making such move.

Yes, I used to be like that, bro, I didn't dare to put money in when the market became bloodier and it formed doubts that made us even more afraid to jump in because the price has the potential to fall more, but if you are used to seeing that blood is an opportunity to buy you will get a different mentality from people usually, on the other hand you see the situation as an opportunity and on the other hand you are also doubtful because it is quite terrible with very tense conditions in the market.

Even DCA is a bit scary, but if you really focus on collecting the number of bitcoins I think you will get rid of that stigma within you, and you need to remember that you also have to start trying and getting used to it, if you really don't want DCA's quota to be included in everything at a moment like that, maybe dividing it into several parts is better for you, sir.

That mentality cannot be created by mere thought or impulse, but experience from previous events will make it stronger.

[Silberman]

Yes, I used to be like that, bro, I didn't dare to put money in when the market became bloodier and it formed doubts that made us even more afraid to jump in because the price has the potential to fall more, but if you are used to seeing that blood is an opportunity to buy you will get a different mentality from people usually, on the other hand you see the situation as an opportunity and on the other hand you are also doubtful because it is quite terrible with very tense conditions in the market.

Even DCA is a bit scary, but if you really focus on collecting the number of bitcoins I think you will get rid of that stigma within you, and you need to remember that you also have to start trying and getting used to it, if you really don't want DCA's quota to be included in everything at a moment like that, maybe dividing it into several parts is better for you, sir.

That mentality cannot be created by mere thought or impulse, but experience from previous events will make it stronger.

The reason why becoming a good investor or trader is so difficult is that it runs contrary to what we consider common sense, if an asset is rising in price the most natural thing to do is to assume this is going to keep being the case and we will want to become part of that bull movement, however the bull market is the moment to sell not to buy, and the bear market is the same, as many sell at the time when they should be looking to buy instead since the price of bitcoin is very low during that period.

[Smartvirus]

The reason why becoming a good investor or trader is so difficult is that it runs contrary to what we consider common sense, if an asset is rising in price the most natural thing to do is to assume this is going to keep being the case and we will want to become part of that bull movement, however the bull market is the moment to sell not to buy, and the bear market is the same, as many sell at the time when they should be looking to buy instead since the price of bitcoin is very low during that period.

It’s the one thing that makes the network beautiful.
At every point in the market, there is always a buyer and seller ready to exchange values in its equivalent to a different commodity. Still, the market conditions and rules continues to apply.

That’s what is expected and that’s what keeps telling you that, crypto investors continues to pursue means of using and making cryptocurrency attain its best fit in a situation.

It would be wrong should everyone try to hodl bitcoin and expect that, only what is being put out there is the block reward from miners. That wouldn’t tell well of the crypto innovation and so, a continued buy and selling, providing volatility and liquidation of certain amount of one’s asset is a necessity for growth.

[Weawant]

I was told that during in cryptocurrency investment that for we to achieve and plans for investment in cryptocurrency we most have a budget and also exercise patients in any of the investment of cryptocurrency and when we rush the investment we are going to lose and we have to be careful for the kind of investment we are going to involve ourselves in cryptocurrency, so I believe that with trust and not to be in hurry you will make a profit in long term investment of cryptocurrency depending the coin you are investing for, either bitcoin or altcoins

Those that are always in a hurry don't make big profit from investing in Bitcoin, if you want to make profits from investing in Bitcoin you have to buy when everyone is selling and hold your Bitcoin in your wallet because exchanges aren't safe to hold your Bitcoin there.

Holding of Bitcoin would give you more profits and to hold Bitcoin you need patience. First you'll need patience when buying, you don't have to hurry to buy as when you do that you'll be buying Bitcoin at a very high price. Always wait for the market to fall before you buy Bitcoin.

After buying you have to hold patiently, there will be time when you'll want to sell due to the price of Bitcoin pumping but keep holding because Bitcoin can always go higher in price because there's big demand for Bitcoin as more people enter the industry in search of profits too.

[taufik123]

The reason why becoming a good investor or trader is so difficult is that it runs contrary to what we consider common sense, if an asset is rising in price the most natural thing to do is to assume this is going to keep being the case and we will want to become part of that bull movement, however the bull market is the moment to sell not to buy, and the bear market is the same, as many sell at the time when they should be looking to buy instead since the price of bitcoin is very low during that period.

This kind of coincidence is closely related to a person's psychology.
When you say why they sell when the price starts to fall and should not, it is because they are too panicked and do not have any analysis of the upcoming price.
and this also applies vice versa, where someone will start buying when the price rises and FOMO occurs.

This will indeed go against common sense and be a difficult thing for some new investors who enter crypto.
Having good basic knowledge and psychology is very necessary so that there are no mistakes or losses in trading, so that strategies can be applied properly.

[erep]

Holding of Bitcoin would give you more profits and to hold Bitcoin you need patience. First you'll need patience when buying, you don't have to hurry to buy as when you do that you'll be buying Bitcoin at a very high price. Always wait for the market to fall before you buy Bitcoin.

After buying you have to hold patiently, there will be time when you'll want to sell due to the price of Bitcoin pumping but keep holding because Bitcoin can always go higher in price because there's big demand for Bitcoin as more people enter the industry in search of profits too.

Exactly, I agree with the point you explained because if we set an investment strategy for the long term, extra patience is needed to buy at the lowest price and the DCA investment solution will help you to invest gradually with different price ranges to minimize high losses if the market price drops significantly due to the influence of negative news.

Actually people can control their emotions and be patient towards investing depending on the factor of using investment funds, if the funds are used specifically to invest in crypto then whatever the risk he can go through with patience even for the next few years, but if the funds used to invest are greater than savings then investment guarantees will not last for the long term, so the fund factor also influences the decision to determine the investment term.

[lixer]

as a btc investor, of course you have to have the patience to wait until the btc price is high and sell it when the btc price is high.

if I personally would not sell btc at that price
$ 40k because in my opinion the price of $ 40k btc can still be called cheap, and I plan to sell btc above $ 60k in order to get a big profit.

Totally depends on everyone's personal goals, if you have bought at $16k or around that, you might even sell it for $35k and then buy again when it drops below, but I wouldn't recommend that because I don't think that the price will go around $16k anytime soon again, but still if someone buys at a certain point and keeps another point in mind for selling them, they wouldn't think of higher selling target because that might provide them with more profit but that will make them lose vision of their target.

Some people want to sell at the highest level Bitcoin can get, these are the people who have a lot of patience and they don't panic even if Bitcoin starts crashing again after reaching $50k or going above it because they know that they won't sell before the price reaches the very top and that is what they do.

[topbitcoin]

Yes, I used to be like that, bro, I didn't dare to put money in when the market became bloodier and it formed doubts that made us even more afraid to jump in because the price has the potential to fall more, but if you are used to seeing that blood is an opportunity to buy you will get a different mentality from people usually, on the other hand you see the situation as an opportunity and on the other hand you are also doubtful because it is quite terrible with very tense conditions in the market.

Even DCA is a bit scary, but if you really focus on collecting the number of bitcoins I think you will get rid of that stigma within you, and you need to remember that you also have to start trying and getting used to it, if you really don't want DCA's quota to be included in everything at a moment like that, maybe dividing it into several parts is better for you, sir.

That mentality cannot be created by mere thought or impulse, but experience from previous events will make it stronger.

The reason why becoming a good investor or trader is so difficult is that it runs contrary to what we consider common sense, if an asset is rising in price the most natural thing to do is to assume this is going to keep being the case and we will want to become part of that bull movement, however the bull market is the moment to sell not to buy, and the bear market is the same, as many sell at the time when they should be looking to buy instead since the price of bitcoin is very low during that period.

Yes, we still see that it is a habit of short-term traders or investors, and I also don't deny that because such things are like a separate culture in the market.
You will definitely think very unnaturally, or upside down like red is the time to buy and green is for selling, that's a mindset that people rarely do because it's against themselves to make a profit, so what looks green is more attractive and they think that it will continue and red they sell because they are afraid like you said, it's difficult for someone to make a reverse mentality like that in conditions like this, but it also depends on their individual goals and beliefs, those who think long-term don't have to be afraid of a decline, because bitcoin will always return to its best position.

[carlfebz2]

Yes, I used to be like that, bro, I didn't dare to put money in when the market became bloodier and it formed doubts that made us even more afraid to jump in because the price has the potential to fall more, but if you are used to seeing that blood is an opportunity to buy you will get a different mentality from people usually, on the other hand you see the situation as an opportunity and on the other hand you are also doubtful because it is quite terrible with very tense conditions in the market.

Even DCA is a bit scary, but if you really focus on collecting the number of bitcoins I think you will get rid of that stigma within you, and you need to remember that you also have to start trying and getting used to it, if you really don't want DCA's quota to be included in everything at a moment like that, maybe dividing it into several parts is better for you, sir.

That mentality cannot be created by mere thought or impulse, but experience from previous events will make it stronger.

The reason why becoming a good investor or trader is so difficult is that it runs contrary to what we consider common sense, if an asset is rising in price the most natural thing to do is to assume this is going to keep being the case and we will want to become part of that bull movement, however the bull market is the moment to sell not to buy, and the bear market is the same, as many sell at the time when they should be looking to buy instead since the price of bitcoin is very low during that period.

Yes, we still see that it is a habit of short-term traders or investors, and I also don't deny that because such things are like a separate culture in the market.
You will definitely think very unnaturally, or upside down like red is the time to buy and green is for selling, that's a mindset that people rarely do because it's against themselves to make a profit, so what looks green is more attractive and they think that it will continue and red they sell because they are afraid like you said, it's difficult for someone to make a reverse mentality like that in conditions like this, but it also depends on their individual goals and beliefs, those who think long-term don't have to be afraid of a decline, because bitcoin will always return to its best position.

The ones who are really that keen about price movements on short term are to those short term or daytraders who are really that playing with those price volatility on which it is something that they would really be
that too concern when it comes to price movement in a shorter time frame on which it isnt shocking.If you are that someone whose really be that holding Bitcoin and other top altcoins in the market then holding
would be your best option to made on. Patience would be the main issue of most people or investor here on this crypto space and due to unpredictability then it wont really be a shocking thing
that price could neither go up or down basing on the market demand and other factors.

On the time that you would really be making yourself that impulsive then you would really be finding it difficult on handling yourself within this market.This is why its always been
ideal on assessing the situation and what would be the best approach into it.