lionheart78
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December 25, 2023, 11:59:28 PM |
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how would you feel at it?
Given the high volatility of Bitcoin, i won't panic because I know that in the future Bitcoin will recover. Remember we have the 4 year cycle where the price of Bitcoin breaks its ATH and surge further. If you are around the market for some time, you will probably say the same. The proof of the Bitcoin market capability to recover is its market price chart.
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crwth
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Try Gunbot for a month go to -> https://gunbot.ph
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December 26, 2023, 12:08:06 AM |
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If that happened, it would be scary. I don't think that will happen to BTC though but just for discussion's sake, okay. Having that rise and fall is like for the rug pulls only etc.
It would be depressing to see that 3x amount and then suddenly have below holding value. This is if my original goal is to just profit from what I have. Then if not, it would be okay for what happened.
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Fundamentals Of
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December 26, 2023, 01:34:23 AM |
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It has been an old yet wise advice to learn from history. If we learn from the history of Bitcoin, we should learn to hodl long-term. There are many stories of early Bitcoin adopters who were very happy selling their Bitcoin at prices that seemed very high and profitable but were actually very low from today's perspective.
Years ago, nobody would easily buy and plan to hodl until Bitcoin reaches $20,000, $30,000, $50,000, etc. That was an impossible target, so many ended up selling when Bitcoin was $1, $10, $100, $1,000, $10,000, etc. But Bitcoin even reached $69,000.
The lesson is that a new ATH or even $100,000 are actually very short-term targets. These prices would be like the $100 and $1,000 in the past. When we look back when the price of Bitcoin is already $300,000 or $500,000, we might regret selling at $70,000.
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GreatArkansas
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December 26, 2023, 01:37:03 AM |
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First of all, don’t expect much returns if you are planning to invest in Bitcoins for short term. Bitcoins are for long term investment, if you have some money to invest and you won’t touch that for many years, then it’s perfect to invest in Bitcoins. Moreover Bitcoins doesn’t suddenly go up so high in few hours. Nevertheless if we think that this might happen, then definitely I will be overwhelmed by the profits, and will try to sell the coins which will cover my basic requirements of luxury.
True, because if we check the price history of Bitcoin and the bull run market, making good profits off the Bitcoin investment is not easy in the short term, it takes months, or years. For me, even we have few Bitcoin profits, as long it is profits and we already made profits, we must already appreciate it than investing it to some random altcoins and will make you losses.
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yhiaali3
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December 26, 2023, 02:05:17 AM |
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It would not feel good at all if you woke up in the morning and found that the price of Bitcoin had risen several times what you expected overnight and then fell back in the morning without you being able to pick up sell orders at the high point.
This happened to me in some Shitcoins, not Bitcoin, where I woke up in the morning to see the indicator reaching very high prices and then falling again. Worse still is if I had placed an order to sell at a low price and it was executed and then the coin continued to rise.
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jeraldskie11
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December 26, 2023, 04:37:24 PM |
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As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?
If this happens to me, I will be stunned as if the world is not moving, tears will flow, and I may be angry and full of regret. Consider how much losing 10% of your money would pain you and how much it would impact others. Unfortunately, some people who cannot accept the circumstances commit suicide, which was true in 2021. So how much more if you're expected to be profitable multiple times of your investment but end up losing money? Nobody becomes happy, I'm sure. So the lesson here is that if you gained even a small amount and are unsure about the market structure, it is advisable to withdraw.
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ShowOff
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December 26, 2023, 05:31:23 PM |
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The first impression is that you are angry with yourself for failing to take advantage of a good opportunity to sell bitcoin, but the second impression is that this is stupidity that should not be told to anyone once you become a bitcoin holder. Why is it stupid, of course because you invest to get returns but you fail to take advantage of the best momentum to get bigger returns.
In investing, you may leave your assets untouched in the long term, but you should not ignore the opportunity to sell them when you know how the market works. Of course 3x to 4x is a good multiplier to take profit, but if you ignore it then perhaps you have a bigger plan that may not just be about returns.
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Zanab247
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December 26, 2023, 06:46:51 PM |
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If it happen like that in the market, I will not feel bad because I know how BTC market work because if the market dump today it will surely pump again no matter how long it takes just to allow Long term hodlers to smile again. Do you know that some hodlers missed that $45k the price of BTC reach this month but they didn't feel bad because they know that the price will surely rise more than that before the end of next year and it will be double profits to them to enjoy.
You can only experience such feeling from newbies who don't know how bull run and bear run work in the cryptocurrency market, but if you can exercise patience with your hodling and have other sources of income to sustain yourself till the price pump higher before you can sell, you will not feel bad at the end.
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DaNNy001
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December 26, 2023, 07:52:29 PM |
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As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?
First of all, there is high tendency that the possibility of this happen is very big but since it's all speculation I can just take it as you said it and relate towards it. Well if this happens am pretty sure that everyone will have some kind of regret or anger for not utilitizing the amazing opportunity, well except for those hard core HODLers that literally don't thing about their Bitcoin investment at all even if it's the bull market ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) , I know most of you might think that such persons don't exist but believe me they do and if I were the one that this happened to then for sure I will be kinda mad for skipping to watch the market and let the slide by.
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Hamphser
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December 26, 2023, 09:42:37 PM |
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As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?
This is where emotion handling would really be that relevant on which you would really be having that kind of impulsive feeling into that time on which seeing your holding decreasing on a fast manner in 50-75% or simply going back into your entry point. If you are really that a short term trader then you would really be having those considerations on selling out and securing profits considering that you've been able to buy and accumulate low price but this should really be done on a fast manner considering on how many people like you would really be doing their best on selling out their coins on which it would really be securing out profits in a short time but of course it cant really be avoided that you would really be thinking or having those questions in mind. What if the price would hit up $200k or 300k on the next hour or days? These are the primary problems that you would really be able to encounter which it is really just that normal.
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GeorgeJohn
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December 26, 2023, 10:04:56 PM |
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As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?
From my perspective we are already in bullrun except that you don't know actually when bitcoin price started to increase to the extent of reaching to forty three thousand [43k] the only years that bitcoin increment rises above this particular price of bitcoin at forty three thousand [43k] is two times and I could remember that it's in 2017 and 2021 if I'm not mistaken the years, so I believe that bitcoin price in this year 2023 is doing absolutely well except that we have forgotten when the price of bitcoin started and where its right now.
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mirakal
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December 26, 2023, 11:59:07 PM |
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As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?
That was another missed opportunity for someones who has always aim to see bitcoin price at its peak. Now that it happens, you're not there to monitor the market but only leave with you a very disappointing price that anyone will feel the regret of not having to sell when the market value is at its peak. But that's okay, as cheaper price opens new opportunity to accumulate more bitcoin at a very affordable price. However, bitcoin has always seen recovering from its deepest price drop, so don't be too alarmed but wait for the market to recover again so you can sell at its very impressive price.
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lienfaye
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December 27, 2023, 01:13:17 AM |
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This scenario also happened before although the price is different to your given value. Many investors missed the opportunity because they thought the price will consistently increase and won't plunge unexpectedly. But it's too late before they realized that bullish season is over and the time for accumulation begins.
Well, I also experienced this many times, missed the timing to take profit. A bit disappointed but there's no room for regret since it happened already and it's my decision not to sell. Therefore, the solution is to keep holding or accumulate more using the DCA strategy so you won't mind the price.
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milewilda
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December 27, 2023, 04:11:02 AM |
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As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?
That was another missed opportunity for someones who has always aim to see bitcoin price at its peak. Now that it happens, you're not there to monitor the market but only leave with you a very disappointing price that anyone will feel the regret of not having to sell when the market value is at its peak. But that's okay, as cheaper price opens new opportunity to accumulate more bitcoin at a very affordable price. However, bitcoin has always seen recovering from its deepest price drop, so don't be too alarmed but wait for the market to recover again so you can sell at its very impressive price. This is why some people do really prefer on doing active trading on which they could really be able to sell out whenever they do saw 30% gain. How much more on 2-3x of your entry price? For sure you would really be having no doubt on selling it out immediately. Just like on what others been saying that it cant really be avoided that you would really be having those doubts that it might be shooting up even more and we know that once that FOMO would kick in then it would really be that possible that it could shoot up even more when it comes to its value and this is something that you would really be thinking and this what makes you hesitated on selling out your position because it would really be that so questionable on whats going on? Why so much pump? For those who do have that enough experience in the market that this cant last up forever on which correction would really be that next in line. You would really be that upset once you do see again the price is going back into the floor on which you would really be murmuring that you should have sold out into that point and would be making out some buybacks on the time that it would be corrected. This is why it would be wise that you should take profits on the time that it would be reaching out into that point. There are really those people who are really that wise on doing such thing and this is why they would be seeing profits in short span of time without needing to wait up for long years.
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peter0425
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December 27, 2023, 04:19:06 AM |
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Don't know by in any chance bitcoin will just grow x3 and then dumped easier this will surely bring out the trust and believe of people in bitcoin because that shows how manipulative this coinis.
Imagine that oit will grow x3 in just 6-8 hours and then will dumped at same range of time , I don't think that bitcoin has that attitude(unless you are talking about Shitcoins)
but if ever this happens so what can i do? what should i feel but sorry and move one , this is Bitcoin and I know by any chance will make me gaining again.
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MFahad
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December 27, 2023, 05:42:49 AM |
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As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?
First of all, this kind of pump has never been seen in Bitcoin and is never expected to happen. Many of us who invest in other cryptocurrencies often set a limit for selling coins, because this kind of jerk can be seen in altcoins, but in Bitcoin, no one expects this and no one sets a stop limit to sell. If all of a sudden the price of Bitcoin goes from 3 times the value of my holdings to less than the value of my holdings again, I don't think I need to panic. I will definitely be surprised at this sudden pump and sad to not get a good profit, but in any case, I will not be afraid of a loss in Bitcoin investment no matter how low the price goes. Obviously, emotions are connected with people, when we suddenly get a good profit, we feel very happy, and if there is a loss, there is definitely anxiety. Likewise, we will definitely regret not being able to get a good profit, However, my thinking is that I will get a chance to make a profit in Bitcoin again.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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michellee
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December 27, 2023, 07:42:18 AM |
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It makes us sad because we can't share in the benefits. The only thing you can do to make a profit in the middle of the pump is to place a sell order at the price you want.
You can also activate an alarm at $55k-$60k so you will wake up and can immediately place a sell order. But Bitcoin is a long-term investment so it probably won't happen overnight.
Bitcoin's rise from $65k to $165k took time. You can only prepare yourself by always monitoring its movements. But pumps will indeed come to the market to increase the price to a certain price. And once that happens, the price will return to its original price.
You don't need to panic. If you can be patient, the price can reach that price again even though it takes longer. But I've seen that happen in altcoins and not bitcoin.
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salad daging
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December 27, 2023, 09:37:20 AM |
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It would not feel good at all if you woke up in the morning and found that the price of Bitcoin had risen several times what you expected overnight and then fell back in the morning without you being able to pick up sell orders at the high point.
I think I would have screamed if that had happened. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I don't think it's possible for bitcoin to rise 3x overnight and then fall again, I haven't found a similar case but this is a discussion to suppose, I think when it happens to us for not taking a sell point order at the highest then it will be the biggest regret ever. This happened to me in some Shitcoins, not Bitcoin, where I woke up in the morning to see the indicator reaching very high prices and then falling again. Worse still is if I had placed an order to sell at a low price and it was executed and then the coin continued to rise.
If shitcoin don't ask me again, I used to experience where when I woke up the price had risen high, then I let it go because I knew the price would go up in terms of gratification but what happened when the next day the price started to fall and a lot of disposal occurred in the market, so I wouldn't be surprised if it happened during shitcoin which was quite significant.
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rodskee
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December 27, 2023, 10:34:23 AM |
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never that this will happen to me because i am not expecting too high for the price , I was just 60k away to sell out my coins meaning that i am looking for the market closely and yes unless the market will act crazy then I will accept this what happened as do i have any choice then? i think I have nothing but to let things happen and i will wait for another chance.
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Kemarit
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December 27, 2023, 06:39:45 PM |
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As a short-term goal Bitcoin Investor whose eyes has been on the Bitcoin market and has accumulated as much Bitcoin while expecting the bull-run markets to come and skyrockets so you can sell you Coins at a profitable higher price, and then you wake up lately maybe at night or sometimes in the morning and learns that Bitcoins value rate (Price) hitted the market even times 3 of what you expected for example, you awaits the market to hit $65K and then it hits $165K just at your slightest mistake of given the markets charts monitoring maybe few minutes or an hour break and then it depreciated unimpressively against your will probably even below your hodling value at your notice, how would you feel at it?
Definitely, you are going to hurt as the price goes off x3 and that's why it's really hard to time the market, on when to sell. That's why when you sell, you don't look back, and just be content of what and how much profit you got already and then the process goes on again, you accumulate and then sell short term. But it will be very different if you have that long term goal just saying. However, if we look at your scenario though, it's not realistic as this point. Maybe early on when the price is still like in the single digit or even like in the $10.00, it's possible to get that x3 in days in trading. But not at this current price, it's too high to see it multiple at that speed.
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