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Author Topic: Dont sell because you feel like selling, give it another thought.  (Read 582 times)
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March 01, 2024, 08:58:16 PM
 #21

People's goals are always different if there is no compelling reason then agree there is no need to sell now because the increase will be even higher, maybe from those who still have a salary if it is enough then just use it but sometimes there are still people who want to buy luxury onions because they have seen profits in bitcoin.

I will not sell before the price of $100K even though it is now 100% profitable, this is still small if I say in bitcoin because before the halving the price was already this much let alone after it, of course I think about it knowing there will be greater momentum coming again.

Suppose you want to sell YES please that there is no right for others to prevent it but remember the HODL advice would be better than the current profit.

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March 01, 2024, 08:59:09 PM
 #22

When we are making an investment, we must have a focus on a particular direction on what we are doing, same also applies to when we are planning to make sell, we have to know that the particular time we are selling is profitable for us to release at the moment or not, I've learnt that we cannot just engage doing anything on our own without having any direction toward a plan for it.
Setting a plan is a must before we will engage into any form of investment, most likely if it’s about long term investment. While we need to put a lot of thinking into the potential coins we are going to buy, same also applies into setting a target selling price. The best time of selling is during a bull run, but it does not mean that you have to sell all at once. Sell only a portion of bitcoin and if you’re not actually needing huge funds, then just continue hodling while waiting for another bull run to experience massive profits again.

However, if you are facing financial shortage, then it’s never a wrong idea to sell all your coins in order to make financial gains. Your money, your rules. But make sure to invest again when you are more capable enough and have earned sufficient funds already to buy bitcoin most especially in the bearish market.

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March 01, 2024, 10:32:10 PM
 #23


I will not sell before the price of $100K even though it is now 100% profitable, this is still small if I say in bitcoin because before the halving the price was already this much let alone after it, of course I think about it knowing there will be greater momentum coming again.

Suppose you want to sell YES please that there is no right for others to prevent it but remember the HODL advice would be better than the current profit.

Although I am in agreement with you, you sound so sure as tho it's inevitable for bitcoin to increase more after the halving, what if the bull run ends here what would we do?, And also if the price would continue to increase how ready in bitcoin size are we?.

Bitcoin is still a very volatile asset and can start decreasing in price right now, but for now with the facts available to us the demand of bitcoin has become very high and most holders are now moving their bitcoin from exchanges to self custodian wallets because of news about hacks and shutdown of exchanges so bitcoin is getting more scare now than ever, so we are sure that the price would continue to go up, so selling now would be a very bad decision and you would miss out on the rest of the bull, that's why I said in a previous comment that it's better to sell in percentage of profit made ontop your investment than to sell all, if you sell all you might find yourself in a bad situation if the price doesn't go down or even remains at your sell price, bitcoin could still really go up to 200% it's current price and hit about 150k this year and some are speculating that the bull would even continue into next year, so I think the thighter your hands the better, if you sell because of this initial profits you are damned to miss out on the main goodies when it comes.

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March 01, 2024, 10:52:18 PM
 #24

The rules are up to each investor - so I can be sure they have their own rules and goals.
They can sell some or all of it as long as they make a profit as expected - they can also hold it longer because they believe in greater potential.

I'm not selling not because I don't need the lifestyle and don't want to enjoy it - but I'm not selling because I'm still very optimistic about the great potential in the future, especially after the halving. I have a reserve budget that I can use when needed - it was part of the plan before I started investing. Selling because of profit is good - but stop selling because of panic.

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March 02, 2024, 01:46:44 AM
 #25

Yes, I will say it again and again! Don't sell because you want to sell, or maybe others are selling, and if you feel you have made some profit, then you must sell. My dear, give it a second thought. If you don't have a genuine reason for selling, like a deep need for money, or if you want to sell to buy luxurious things when you know that the price of bitcoin has more potential than what it has shown,.

I believe the decision to sell one's assets depends on every individual's personal goals and financial targets that they have always had since when they made their investments, so even if we believe the market will go way higher than where it is right now, some people might still find the current prices suitable for them to sell or at least take profit with a portion of their holdings because they might need to do that.
Some people might have a different strategy where they want to sell their assets and buy the dip again if there is one instead of holding their current assets. However, if someone has bought when the price of Bitcoin was very low, there is no point in doing this.









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March 02, 2024, 03:59:25 PM
 #26

If others are selling leave them to sell their bitcoin or other coin but don't copy other individuals as their need are different from you. Selling of bitcoin is not a good idea of you sell it before Bull season because everyone is waiting for such timing when the price touch new ATH as that will be the better timing of selling your bitcoin.

I think keeping your bitcoin or other coin after Bull season will be a false decision because Bull season will end and you will miss the chance of selling bitcoin at higher price and again you will wait for another cycle and another Bull season. If you keep holding bitcoin then sell it during Bull season and buy again when price again gets lower so this will be a better way of getting profit.



 

 

 

 

 

 


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March 02, 2024, 04:25:02 PM
 #27

We should know that its very obvious that not everyone will be holding their bitcoin for that long without selling, some are selling while others are buying, this is what we will always have and see in the crypto markets, but if we must sell or buy, then we have to look around for the best strategic timing for doing any of these in other not to make us loose on being on our investment in any currency we are holding.



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March 02, 2024, 05:06:12 PM
 #28

We should know that its very obvious that not everyone will be holding their bitcoin for that long without selling, some are selling while others are buying, this is what we will always have and see in the crypto markets, but if we must sell or buy, then we have to look around for the best strategic timing for doing any of these in other not to make us loose on being on our investment in any currency we are holding.
Just like me when it comes or talks to my holdings on which there are really times or moments that you wont really be having any options but rather you should really be selling out a part of your investment
just because you are really indeed needing up some funds or money on which it would really be likely that it would really be your last option to take and would really be making out those sell earlier
whether its profitable position or simply still doesnt have much that movement. We cant really be able to make out such avoidance specially if you are really that indeed need of money.
It isnt really that much of a concern or really that a serious matter as long those kind of crisis or problems had been resolved out.

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March 02, 2024, 05:58:00 PM
 #29

Every investor has their own goals and they will give more importance to their goals due to which they take decisions considering the market conditions. Now if someone thinks that according to the market condition that this is the right time to sell then he will start selling even if we are not selling then he will still sell. It is free market and here everyone makes decisions from their point of view and takes profit. And those who have a long term vision don't really follow the market changes.

In fact they also have their own plan and set targets for when they will be interested in selling. So here everyone has set their own target, as a result of which everyone is among themselves, some are selling and others are buying.

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March 02, 2024, 08:28:48 PM
 #30


I will not sell before the price of $100K even though it is now 100% profitable, this is still small if I say in bitcoin because before the halving the price was already this much let alone after it, of course I think about it knowing there will be greater momentum coming again.

Suppose you want to sell YES please that there is no right for others to prevent it but remember the HODL advice would be better than the current profit.

Although I am in agreement with you, you sound so sure as tho it's inevitable for bitcoin to increase more after the halving, what if the bull run ends here what would we do?, And also if the price would continue to increase how ready in bitcoin size are we?.

Bitcoin is still a very volatile asset and can start decreasing in price right now, but for now with the facts available to us the demand of bitcoin has become very high and most holders are now moving their bitcoin from exchanges to self custodian wallets because of news about hacks and shutdown of exchanges so bitcoin is getting more scare now than ever, so we are sure that the price would continue to go up, so selling now would be a very bad decision and you would miss out on the rest of the bull, that's why I said in a previous comment that it's better to sell in percentage of profit made ontop your investment than to sell all, if you sell all you might find yourself in a bad situation if the price doesn't go down or even remains at your sell price, bitcoin could still really go up to 200% it's current price and hit about 150k this year and some are speculating that the bull would even continue into next year, so I think the thighter your hands the better, if you sell because of this initial profits you are damned to miss out on the main goodies when it comes.
Regardless of what will happen in the future I will still stick to what I am doing because my benchmark for releasing bitcoin is at the price of $100k as long as bitcoin has decreased in the end I don't have a problem with that because it can actually be a good option to increase the portfolio that I currently have, but when prices continue to grow to a greater value then my plan is to release little by little so that the benefits obtained can be greater because after all everyone must have several plans carried out and in this case I also have it.

I don't really have a problem with the decline that occurred because it is a risk and I have also felt worse when the previous decline so the temporary decline before the price touched $100k I think I have no problem being in bitcoin until that price arrives.

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March 04, 2024, 07:23:54 AM
 #31

Well I think if a person is going to sell right now he is making a large mistake. We have the Bitcoin halving in less then 50 days from now.

Why are you going to sell your Bitcoin before this big crypto thing does happen? I just want to know now if this new Bitcoin price of almost 64k is for the halving. Or if we will see huge gains after 50 days if we get even bigger profits from halving.

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March 04, 2024, 09:38:25 AM
 #32

It's really easy:

Buy when you can, sell only when you must.

Don't let price fluctuations interfere with that.
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March 04, 2024, 09:48:21 AM
 #33

Yes, I will say it again and again! Don't sell because you want to sell, or maybe others are selling, and if you feel you have made some profit, then you must sell. My dear, give it a second thought. If you don't have a genuine reason for selling, like a deep need for money, or if you want to sell to buy luxurious things when you know that the price of bitcoin has more potential than what it has shown,.
As a trader and investor of many years, I very much appreciate this advice even though it looks simple. Two things are being done in the market, it is either you Buy or you Sell, and doing either of these could Enrich you or make you Poor, which calls for care and caution in our decisions. So it's all about us.

Specifically for Bitcoin, one should know that this is the Bitcoin season, and no fear should be entertained because it is always bullish this season, so it should be rethought to liquidate one's asset to avoid regrets. I've made enough mistakes in my trading and investment plans in the past due to the lack of having a second thought as simple as it is. This is why I so much value this warning because it has helped me to avoid regrets. Many things cause traders/investors to liquidate their positions, and some of the reasons are emotional (especially for the FUD) rather than professional. So without writing stories, one should base the second thought on whether they are being Emotional or Professional in that decision they are about to make. The answer between the two should be the right guide for such a trader/investor.

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March 04, 2024, 10:11:20 AM
 #34

We should know that its very obvious that not everyone will be holding their bitcoin for that long without selling, some are selling while others are buying, this is what we will always have and see in the crypto markets, but if we must sell or buy, then we have to look around for the best strategic timing for doing any of these in other not to make us loose on being on our investment in any currency we are holding.
And that is circulation also the reason why this is called currency to be circulated and if we are not into this then everyone will Hold? what will happen to the market, this is Supply and demand but nowadays Bitcoin has been used to be a complete asset and not the main purpose of creation to be a currency.
It's really easy:

Buy when you can, sell only when you must.

Don't let price fluctuations interfere with that.

+1 and supporting this completely.









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March 04, 2024, 11:26:00 AM
 #35

Yes, I will say it again and again! Don't sell because you want to sell, or maybe others are selling, and if you feel you have made some profit, then you must sell.
who are you to hinder those who wanted to sell?

this is the problem with all those people that only talk when there is a bullrun but when the market is dumping theykept quiet .
people wanted to secure their profit so greediness will not cover their desire and may not bring them any further losses.
we have seen this happen many times and practically.
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My dear, give it a second thought. If you don't have a genuine reason for selling, like a deep need for money, or if you want to sell to buy luxurious things when you know that the price of bitcoin has more potential than what it has shown,.
well with this I agree, that sometimes we must only act in emergency and not to take when you decided completely to HODL.
Quote
I am not against anyone selling since; a lot of people who had hodl made lots of profit during this period. What I am trying to say is, if you have no significant need for the money, there is no point in selling it. If your income is enough for you and other expenses, you can continue to buy more bitcoin so that your portfolio will be massive. It should be about how much bitcoin you have, not how many dollars of bitcoin you are holding.
your stand and we have ours, just do your own ma.te









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March 04, 2024, 12:10:01 PM
 #36

Yes, I will say it again and again! Don't sell because you want to sell, or maybe others are selling, and if you feel you have made some profit, then you must sell. My dear, give it a second thought. If you don't have a genuine reason for selling, like a deep need for money, or if you want to sell to buy luxurious things when you know that the price of bitcoin has more potential than what it has shown,.

I am not against anyone selling since; a lot of people who had hodl made lots of profit during this period. What I am trying to say is, if you have no significant need for the money, there is no point in selling it. If your income is enough for you and other expenses, you can continue to buy more bitcoin so that your portfolio will be massive. It should be about how much bitcoin you have, not how many dollars of bitcoin you are holding.
People invest for so many reasons, however you cannot tell them when and how to take their profit, and they could be collecting their profit for so many reasons is either they've been long time holder or they are collecting a percentage of their profit that they've held after a very long time, or they are just short time investors who feels the need to take profit.  Everybody that has invested in Bitcoin is not just doing it for a Mere sake, those persons must have taken an informed decision.

Anybody selling now might have either bought during the bear run when the price was low and given the price today, he or she sure has gotten good profit. So every investor has their plan, those who are selling at the moment might actually be executing the long term plan they've had before now.

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March 05, 2024, 03:14:18 PM
 #37

Every investor has their own goals and they will give more importance to their goals due to which they take decisions considering the market conditions. Now if someone thinks that according to the market condition that this is the right time to sell then he will start selling even if we are not selling then he will still sell. It is free market and here everyone makes decisions from their point of view and takes profit. And those who have a long term vision don't really follow the market changes.

In fact they also have their own plan and set targets for when they will be interested in selling. So here everyone has set their own target, as a result of which everyone is among themselves, some are selling and others are buying.
It is true that every investor has a reason when they want to sell the assets they own, especially because they think the profits they have earned are sufficient and we don't have to follow other people in making decisions to sell or hold until the profits we can get are even greater and there are some people who really need it and don't have the savings to be able to fulfill what they need so they have to choose to sell even though the price will be detrimental to them, of course for those who have set a target they will wait until the assets they hold reach the appropriate price. which they have set just sell for the profit from holding.

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March 05, 2024, 09:22:40 PM
 #38

Every investor has their own goals and they will give more importance to their goals due to which they take decisions considering the market conditions. Now if someone thinks that according to the market condition that this is the right time to sell then he will start selling even if we are not selling then he will still sell. It is free market and here everyone makes decisions from their point of view and takes profit. And those who have a long term vision don't really follow the market changes.

In fact they also have their own plan and set targets for when they will be interested in selling. So here everyone has set their own target, as a result of which everyone is among themselves, some are selling and others are buying.
It is true that every investor has a reason when they want to sell the assets they own, especially because they think the profits they have earned are sufficient and we don't have to follow other people in making decisions to sell or hold until the profits we can get are even greater and there are some people who really need it and don't have the savings to be able to fulfill what they need so they have to choose to sell even though the price will be detrimental to them, of course for those who have set a target they will wait until the assets they hold reach the appropriate price. which they have set just sell for the profit from holding.
This is the whole point.Only those who are focused on long-term investing will receive the greatest profit (there are, of course, those who trade and successfully) But the easiest way is to buy and forget for several years, as practice shows,this is the most successful case so far moment.The current turbulence in the market is precisely what will drive out those who do not know how to control their finances. At least until the halving, we need to continue accumulating savings.

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March 06, 2024, 07:45:14 PM
 #39

Every investor has their own goals and they will give more importance to their goals due to which they take decisions considering the market conditions. Now if someone thinks that according to the market condition that this is the right time to sell then he will start selling even if we are not selling then he will still sell. It is free market and here everyone makes decisions from their point of view and takes profit. And those who have a long term vision don't really follow the market changes.

In fact they also have their own plan and set targets for when they will be interested in selling. So here everyone has set their own target, as a result of which everyone is among themselves, some are selling and others are buying.
It is true that every investor has a reason when they want to sell the assets they own, especially because they think the profits they have earned are sufficient and we don't have to follow other people in making decisions to sell or hold until the profits we can get are even greater and there are some people who really need it and don't have the savings to be able to fulfill what they need so they have to choose to sell even though the price will be detrimental to them, of course for those who have set a target they will wait until the assets they hold reach the appropriate price. which they have set just sell for the profit from holding.
This is the whole point.Only those who are focused on long-term investing will receive the greatest profit (there are, of course, those who trade and successfully) But the easiest way is to buy and forget for several years, as practice shows,this is the most successful case so far moment.The current turbulence in the market is precisely what will drive out those who do not know how to control their finances. At least until the halving, we need to continue accumulating savings.
Long-term thinking can give an investor a better return than spending a stressful life doing excessive trading. Because in long term investment an investor doesn't need very good knowledge about the market and also doesn't need market analysis, here just buy and hold bitcoin can get huge profit after a period of time. Yes, many traders make huge profits by trading because they have a deep knowledge of the market because they know when and how to enter the market.

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March 06, 2024, 09:57:45 PM
 #40

Every investor has their own goals and they will give more importance to their goals due to which they take decisions considering the market conditions. Now if someone thinks that according to the market condition that this is the right time to sell then he will start selling even if we are not selling then he will still sell. It is free market and here everyone makes decisions from their point of view and takes profit. And those who have a long term vision don't really follow the market changes.

In fact they also have their own plan and set targets for when they will be interested in selling. So here everyone has set their own target, as a result of which everyone is among themselves, some are selling and others are buying.
It is true that every investor has a reason when they want to sell the assets they own, especially because they think the profits they have earned are sufficient and we don't have to follow other people in making decisions to sell or hold until the profits we can get are even greater and there are some people who really need it and don't have the savings to be able to fulfill what they need so they have to choose to sell even though the price will be detrimental to them, of course for those who have set a target they will wait until the assets they hold reach the appropriate price. which they have set just sell for the profit from holding.
This is the whole point.Only those who are focused on long-term investing will receive the greatest profit (there are, of course, those who trade and successfully) But the easiest way is to buy and forget for several years, as practice shows,this is the most successful case so far moment.The current turbulence in the market is precisely what will drive out those who do not know how to control their finances. At least until the halving, we need to continue accumulating savings.
Long-term thinking can give an investor a better return than spending a stressful life doing excessive trading. Because in long term investment an investor doesn't need very good knowledge about the market and also doesn't need market analysis, here just buy and hold bitcoin can get huge profit after a period of time. Yes, many traders make huge profits by trading because they have a deep knowledge of the market because they know when and how to enter the market.
If trading turns out to be giving out that excessive stress but something that profitable then i could really be able to ignore that stress and would really be continuing since it did really benefits me and also
we do know that dealing up with trading doesnt automatically means that you would really be that become successful. It would really be that still matter on how well you do have those kind of decisions you would be making.Selling out your coins into something not that important? You do know on where it would be heading on which it is really just that waste that having that kind of acts on which it might lead up
with those after regrets basing up on what you have done. Hold for long term and you would be able to see and cherish out those profits that you do make on just simply holding but of course it would be
depending on the coins that you've been holding.

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