Dont sell because you feel like selling, give it another thought.

[Lantind]

So do you think people who sell mean they need money? Unfortunately no, because not everyone sells because they need money. Sometimes they sell it to secure profits or avoid losses because according to their analysis after this the price will fall. The basic theory of investing or trading is to sell when it goes up and buy when it goes down.

When someone decides to invest, of course they have properly planned their investment and of course they have set a limit for the profits they can make and take advantage of the investment they have made, but before they decide to sell it, of course they have analyzed it well. does it have the potential to get even bigger profits or not and if they believe there will be another increase of course they will continue to hold until they can get that profit and those who do it like the theory you mentioned I think they have been able to analyze well about market conditions and decided to take advantage of the increase.

[stomachgrowls]

So do you think people who sell mean they need money? Unfortunately no, because not everyone sells because they need money. Sometimes they sell it to secure profits or avoid losses because according to their analysis after this the price will fall. The basic theory of investing or trading is to sell when it goes up and buy when it goes down.

When someone decides to invest, of course they have properly planned their investment and of course they have set a limit for the profits they can make and take advantage of the investment they have made, but before they decide to sell it, of course they have analyzed it well. does it have the potential to get even bigger profits or not and if they believe there will be another increase of course they will continue to hold until they can get that profit and those who do it like the theory you mentioned I think they have been able to analyze well about market conditions and decided to take advantage of the increase.

When it comes to investment then it would really be that a normal approach on having such as this on which it would really be that something you would really be needing to mainly consider.
When you do invest and accumulate Bitcoin or some crypto on which you have believed that it could increase its value, then there's no sense that you would really be actively spending it
or buying something on which you could actually be able to do it with fiat. There are ones who dont have that kind of approach on things and making  those rushed up decisions as long they do like it.

Seriousness and dedication would really be that something that could matter on someones investment decisions because if you are really that serious on accumulating
then you would really be always having those second thoughts that you would be spending it on something like  this.

[bittraffic]

Holding at some point could be damaging when especially in the ATH. You wouldn't want to keep holding while the rest of the world is already selling. Every person has a reason to sell after all making money is the reason for investing.

You know if the price stays sideways for too long, there is a chance that it could dump.  Selling could be the right decision if you are looking for an opportunity to accumulate coins.

[darkangel11]

I keep telling people that. There's so many things that we buy and don't really need. When you sell bitcoin to buy something, you exchange an appreciating asset into an item that will most likely depreciate, but it depends on what you buy. If you buy electronics, or a brand new car, especially an electric car, that's going to depreciate very fast. Phones that used to be worth $1k 5 years ago are maybe worth $100 now, same with TVs, computers, and many other things. If you bought a home appliance 5 years ago it's either old now, or not working at all, but bitcoin bought 5 years ago is worth 10 times more.

[ShowOff]

Holding at some point could be damaging when especially in the ATH. You wouldn't want to keep holding while the rest of the world is already selling. Every person has a reason to sell after all making money is the reason for investing.

You know if the price stays sideways for too long, there is a chance that it could dump.  Selling could be the right decision if you are looking for an opportunity to accumulate coins.

Sell ​​at the highest price, especially if the target you want to achieve is appropriate, then in my opinion there is no problem. Of course you don't have to sell all the bitcoins you own, but selling some of them at the current high price is arguably reasonable to anticipate a price dump. We saw the fact a few days ago that the price fell to $59k after touching $69k, but the recovery was quick and today we are above the old ATH again.

Taking profits now is not a problem, but refraining from selling now is probably a better decision. There is great potential this year and next year to take bigger profits, so if you want to get those profits then keep buying, accumulating and holding on.

[mirakal]

I keep telling people that. There's so many things that we buy and don't really need. When you sell bitcoin to buy something, you exchange an appreciating asset into an item that will most likely depreciate, but it depends on what you buy. If you buy electronics, or a brand new car, especially an electric car, that's going to depreciate very fast. Phones that used to be worth $1k 5 years ago are maybe worth $100 now, same with TVs, computers, and many other things. If you bought a home appliance 5 years ago it's either old now, or not working at all, but bitcoin bought 5 years ago is worth 10 times more.

Always know the worth of what you’re buying. And never focus only on what you can do for it today but think well if they’ll still be useful within the next 5-10 years. High quality items does not need to be well expensive, but if your work demands it, then maybe consider buying it.

My point is focus on your needs, not on your luxurious wants. Yes, we are here to invest and now we’re making profits already, that does not mean that spending is the key. We can always save up to buy more bitcoin so that we can assure to have a brighter future someday, but also not to the extent of compromising our present life needs and necessities.

[freedomgo]

So do you think people who sell mean they need money? Unfortunately no, because not everyone sells because they need money. Sometimes they sell it to secure profits or avoid losses because according to their analysis after this the price will fall. The basic theory of investing or trading is to sell when it goes up and buy when it goes down.

When someone decides to invest, of course they have properly planned their investment and of course they have set a limit for the profits they can make and take advantage of the investment they have made, but before they decide to sell it, of course they have analyzed it well. does it have the potential to get even bigger profits or not and if they believe there will be another increase of course they will continue to hold until they can get that profit and those who do it like the theory you mentioned I think they have been able to analyze well about market conditions and decided to take advantage of the increase.

Well, some might have analyzed their plan well before finally selling their coins. But I believe a lot of those who sell are not because they have reached their profit goal, but because they fall on FOMO and eventually follow other people in selling their coins even if they don’t have valid reason to sell. These are the type of people who will most likely end up losing despite of how big their profits gained, because they don’t have a concrete plan of their investment.

Selling is actually advisable every time there are possible profits. But you can always delay your selling of coins most especially if there are high possibility that bitcoin price will continue to grow its price consistently. So it’s a matter of patience and not being greedy.

[pinggoki]

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 can understand what you're saying and I somehow get your advice of not selling immediately or for a small profit but I have to disagree with you on the part about selling because they need the money, if the word is need then there's probably a good reason why they're planning on selling, you can't really dictate anyone what they want to do with their money after all. Regards to luxurious things, that could depend, remember that you've got a right to be happy as a person and that you don't have to worry too much about investments so if you're not going bankrupt with that luxurious stuff then go for it. Don't be a slave to your money and investments, you don't have to wait for retirement to do stuff and enjoy life, you should do it along the way and it's more fun that way.

[adultcrypto]

It has become so clear to me now that those who have future plans for their Bitcoin before they started the investment tend to manage they portfolio better than those who just jumped in without any plans. Those with plans are not too perturbed by the price movement because they have targets they set from the beginning. For instance, someone that plans to secure certain volume of Bitcoin over a period of time will not think about selling even though the price rise so high. The same can be said about someone who plans to save his retirement funds in Bitcoin, they will never think about selling even when they have the urge to sell. So falling into the temptation to sell when one did not expect to sell is a sign of poor planning.

[AnonBitCoiner]

Holding at some point could be damaging when especially in the ATH. You wouldn't want to keep holding while the rest of the world is already selling. Every person has a reason to sell after all making money is the reason for investing.

You know if the price stays sideways for too long, there is a chance that it could dump.  Selling could be the right decision if you are looking for an opportunity to accumulate coins.

I think one should investigate about the target of most of the people at which they will sell their bitcoin because if selling percentage increases then the price of bitcoin reduces. Don't wait more if all the people wants to sell their bitcoin because more they sell more the price will fall.

Find out an opportunity and if you find that over your achieved target the price starts dumping then don't be too greedy and sell it as after each Bull season there is a bear season which has the potential to reduce the worth of every coin.

[bettercrypto]

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.

I don't see any problem with what you are saying; it's just that no matter what we do, reminding people if they still have some that they can sell their bitcoin or cryptocurrency that
they haven't invested it well or properly.

And we can't blame them either because it's their choice; at least we did our part to remind them somehow. Let's let them themselves realize what they did, whether it was right or wrong;
that's all.

[kentrolla]

It has become so clear to me now that those who have future plans for their Bitcoin before they started the investment tend to manage they portfolio better than those who just jumped in without any plans. Those with plans are not too perturbed by the price movement because they have targets they set from the beginning. For instance, someone that plans to secure certain volume of Bitcoin over a period of time will not think about selling even though the price rise so high. The same can be said about someone who plans to save his retirement funds in Bitcoin, they will never think about selling even when they have the urge to sell. So falling into the temptation to sell when one did not expect to sell is a sign of poor planning.

Unfortunately majority of people who Ave entered the crypto since 2017 have just jumped in to get profit wherein they have no idea how it works as that was the year which brought mainstream media attention to Bitcoin during its bull run which triggered more people to invest without knowing about it.

It's like a chain process, first a user joins without any knowledge and loses the money or cashout his Bitcoin then later realised that hodling it gives more profit and then user goes for long term hodl.

[God bless u]

When someone decides to invest, of course they have properly planned their investment and of course they have set a limit for the profits they can make and take advantage of the investment they have made, but before they decide to sell it, of course they have analyzed it well. does it have the potential to get even bigger profits or not and if they believe there will be another increase of course they will continue to hold until they can get that profit and those who do it like the theory you mentioned I think they have been able to analyze well about market conditions and decided to take advantage of the increase.

Each individual will have their own financial goals and they set their selling and buying targets accordingly which is why a price that I might not find intriguing to sell my assets might be the best price point to sell for someone else. We all think differently, our thoughts and ideas might match sometimes that cannot be the case every single time.

Selling just because you feel like it isn't the right thing to do but if someone understands everything and is willing to sell because they have reached their target price then I don't find anything wrong in that.

[$weetne$$]

It's like a chain process, first a user joins without any knowledge and loses the money or cashout his Bitcoin then later realised that hodling it gives more profit and then user goes for long term hodl.

Not every individual that learns this way, some will not learn but continue to be investing in the short term. The only time we should sell our Bitcoin is when we are in profits and we want to use the profits to do something more important than investing in Bitcoin. If we aren't in profits, we shouldn't sell in loss because we'll regret doing that. There should be other sources of income that we can use to take care of others things that aren't important and only the things that need more money that can be gotten from the profits that we have had from holding Bitcoin. Our emotions shouldn't be listened to when investing, if we follow our emotion we'll be selling when we feel fear. Investing in Bitcoin, both when we're buying or selling should be done based on our research and not emotions.