Buy Buy Buy or Sell Sell Sell?

[erep]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

I don't know about you but I believe that's a very bad approach to actually securing profits in the crypto market and that's the mistakes that many people do. You buying a coin and then watching it price in the charts always is a very crazy thing because your mind would be skipping every time and you might fear out and sell the coins at the wrong time. I believe on buying and setting a fix price or goal at which you would like to sell, this will reduce the stress of constant check on the price of the coin.

Usually the behavior of novice traders who want short-term profits but they don't want to lose assets so they check the market constantly to avoid higher losses, this behavior of traders must be improved to read crypto market conditions and they must understand the fundamental concepts of the crypto market, trading methods It is recommended that you follow the DCA investment strategy of buying bitcoin at lower price points with several purchase stages at different prices and times.

If they follow the above intrusions for DCA investment they will be more comfortable in managing their portfolio because they will not worry about changing market movements, they will choose "buy buy buy" at low prices and they will get higher profits when BTC reaches 100k.

[1715167365]

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[gunhell16]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

I don't know about you but I believe that's a very bad approach to actually securing profits in the crypto market and that's the mistakes that many people do. You buying a coin and then watching it price in the charts always is a very crazy thing because your mind would be skipping every time and you might fear out and sell the coins at the wrong time. I believe on buying and setting a fix price or goal at which you would like to sell, this will reduce the stress of constant check on the price of the coin.

Usually the behavior of novice traders who want short-term profits but they don't want to lose assets so they check the market constantly to avoid higher losses, this behavior of traders must be improved to read crypto market conditions and they must understand the fundamental concepts of the crypto market, trading methods It is recommended that you follow the DCA investment strategy of buying bitcoin at lower price points with several purchase stages at different prices and times.

If they follow the above intrusions for DCA investment they will be more comfortable in managing their portfolio because they will not worry about changing market movements, they will choose "buy buy buy" at low prices and they will get higher profits when BTC reaches 100k.

That is really correct; the main concept of trading is to always buy low and sell high, that's all. Then, when there is a correction, apply DCA for a while, and that's it! and at the same time, a trader should also not stop learning here in the field of crypto trading.

The more we practice because we can keep ourselves in the things we want to happen to have passive income in this business industry of crypto business,.

[JayJuanGee]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

I don't know about you but I believe that's a very bad approach to actually securing profits in the crypto market and that's the mistakes that many people do. You buying a coin and then watching it price in the charts always is a very crazy thing because your mind would be skipping every time and you might fear out and sell the coins at the wrong time. I believe on buying and setting a fix price or goal at which you would like to sell, this will reduce the stress of constant check on the price of the coin.

yeah, if you don't know what the fuck you are buying then you are likely not going to do very well by investing in a bunch of random coins.

Only bitcoin is good for long term investing.  If you are generally referring to shitcoins, then you need to be more careful in terms of actually holding onto them.. but yeah, if you have 90% bitcoin and then the other 10% are a variety of shitcoins that you have personally chosen, then yeah, maybe that is o..k. .. but the main one to focus your energies upon (especially in terms of long term investing) is bitcoin not some shitcoins that you are not even able to name..

In other words, learn what is bitcoin first before you start to recommend that it is a good idea to buy some unnamed shitcoins whose performance is likely already just correlated to what bitcoin is going to do.. and not even strictly correlated since the overwhelming majority of shitcoins are going to go to zero, relative to bitcoin.. so why hold them?  especially in the long term? careful about allocating more than 10% of the size of your bitcoin holdings to shitcoins.. especially shitcoins that don't even have a name.

[AirtelBuzz]

This is the best time to invest and hold Bitcoin. However, the price of Bitcoin pumped up and just a few days later, the price of Bitcoin went down a bit. Now most of the new investors will be disappointed and sell early for fear of loss And those who are experienced will hold it. So this means if you want to invest then you must be patient despite the low movement of its price and wait for the right time. So I suggest you buy and hold bitcoins. Since Bitcoin's halving is still a few days away, its value will surely increase.

Yes, when the price of Bitcoin falls, new investors fail to hold their investment patiently because they lack full experience.But those who have full experience about investing and those who are experienced keep their investment patiently for a long time even if the price of Bitcoin falls.Because they know that holding Bitcoin for a long time is definitely possible to profit from Bitcoin which new investors don't realize.This proves the difference between new investors and seasoned investors.

If we invest in Bitcoin then we don't need to be disappointed if the price of Bitcoin goes down then we have to swear that we will hold the investment until the price of Bitcoin goes up.

Only bitcoin is good for long term investing.  If you are generally referring to shitcoins, then you need to be more careful in terms of actually holding onto them.. but yeah, if you have 90% bitcoin and then the other 10% are a variety of shitcoins that you have personally chosen, then yeah, maybe that is o..k. .. but the main one to focus your energies upon (especially in terms of long term investing) is bitcoin not some shitcoins that you are not even able to name..

Yes you are absolutely right.Of all the coins in the cryptocurrency market, only Bitcoin is a good long-term investment. Investing in Bitcoin for a long period of time earns the best profits that cannot be earned from any other coin. But those who want to invest can invest most of their money in bitcoin and some amount in various sit coins or alt coins according to their ability. However, they should also know that investing in sit coins or alt coins involves the highest risk because investing in these coins can also result in you losing your money. If one invests his money in bitcoin instead of these coins and is able to hold it for a long time then his patience will surely pay off.

[rodskee]

My opinion regarding this is normal because price movements in the crypto market are difficult to predict. I also often experience things like that, when I get coins from an airdrop or bounty the price goes up after I sell, but when I choose to hold the price actually goes down. The most important thing is that before deciding to sell or hold, you do research first to convince yourself of the decision you are going to take.

Lol don't compare Bitcoin to airdrop shitcoins because there are too far difference ,
bitcoin is consistently growing each 4 year cycle at least while most of airdrop coins are
either staying stagnant of will die eventually.
btcoin will always be the best to hold and trust for long years.

[Tmoonz]

My opinion regarding this is normal because price movements in the crypto market are difficult to predict. I also often experience things like that, when I get coins from an airdrop or bounty the price goes up after I sell, but when I choose to hold the price actually goes down. The most important thing is that before deciding to sell or hold, you do research first to convince yourself of the decision you are going to take.

It is only the weak hands that sell off his or her coins unplanned especially after involving in a coin that doesn't have hodling potential, it is only a short term traders that panic about  price volatility by selling when price are stagnant for too long or probably dip more than expected hence the reason why Bitcoin long term investment plan has proven to be the best option because even when price surges on the downward trends there is pretty much conviction that is will rise over time and give you the compounded value of your investment over a period of time.

[aoluain]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

The said coin can only be Bitcoin! any other coin will only be a pure gamble and there
is so much noise in that space you would be easily led into a pure $hitcoin.

Timing is a big consideration for buying and selling, but more so selling. We are approaching
the Bitcoin halving and with the historical events surrounding the halving you should be
buying now and if you want to sell - wait 8 to 12 months.

Dont be worried in a bull market if the market falls, its only a short term event. Todays value
of $64,500 is an example, last week it was $74,000 and I'm not panicking.

[blckhawk]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

My take on this is that person is the kind of person that easily falls for get rich quick schemes, they don't deserve or they shouldn't be in the crypto market if they don't have the patience to wait for a crypto to go up in price or have the nerves to not panic when the price suddenly drops because that's bound to happen a lot in crypto market, some of these people though are just miseducated and misinformed so it's not really their fault that they're like that, they can be change if they find the right people to teach them the things that they need to know about crypto, some are lucky enough to have this while there's others that will learn the hard way, by losing a lot of money before doing some form of research regarding a certain cryptocurrency.

[Chibit01]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

My take on this is that person is the kind of person that easily falls for get rich quick schemes, they don't deserve or they shouldn't be in the crypto market if they don't have the patience to wait for a crypto to go up in price or have the nerves to not panic when the price suddenly drops because that's bound to happen a lot in crypto market, some of these people though are just miseducated and misinformed so it's not really their fault that they're like that, they can be change if they find the right people to teach them the things that they need to know about crypto, some are lucky enough to have this while there's others that will learn the hard way, by losing a lot of money before doing some form of research regarding a certain cryptocurrency.

It depends upon any future aspects the coin shows.

Any site the coin has, where you would read their way of future prospects and as well as their adoption can be seen on twitter as well as any market place where it is listed..!!

Always follow the coin handle on twitter if you want his popularity to be analyzed…!!

And its future prospects can be inferred from its site..!

And  Again this Happens all the time to all the traders.

You buy at say 70 and wait for it to rise. It goes down to 69, 68.5 and you are starting to bite your nails. And now it suddenly skips 68 and goes to 67. Now, you are fretting and thinking of selling now to prevent further lossess. Market becomes flat for sometime around 68. And suddenly, within 2 minutes, goes upto 72. You are over-excited that you have actually going to make profit from what you thought was a losing trade. And you pounce to sell it immediately before anything bad happens. And after your order has filled, you now go to the screen to find that price has ticked its way to 76.

Now, all you feel is that you should have waited and you regret not doing that. You calculate how much you would have made if you had waited.

Now this 'regret' is what makes you think that you have sold early.

Let me tell you one thing, the markets are always going to be there. Everyday. The market is full of opportunities. Everyday there are going to ton of opportunities. Missing an opportunity and feeling bad is definitely not going to help you in increasing your efficiency.

[darkangel11]

It's not always like that. What if it is hold hold hold?
Personally, I'm done buying. I have a lot of money in bitcoin, over a million dollars. Why would I need to buy more?
On the other hand, why would I sell? Bitcoin is eventually going up anyway, be it a month, or a year, while my fiat money goes down. Inflation is so high that people who bought real estate in 2020 could sell it for more today after living there for 4 years. The only certain thing is that fiart will go down, so you're doing better holding real estate, bitcoin, collectibles, even bonds.
If I were you I'd buy, unless you have a lot of bitcoin already and not too much fiat money then just wait it out.

[oktana]

It would be best if you can tell what cryptocurrency because even if we see altcoins pumping uniformly, they CAN still individually decline. So, are you asking about Bitcoin? or Altcoins? Or even memecoins which its investment can be almost anytime. Don’t just go buying/selling because it’s seems it’s time to buy/sell. If you have some coins already, simply hodl it. The bull run isn’t done (I believe). If it’s not enough you can buy some more. When it’s time to sell, you wouldn’t need to ask because it will be obvious. 

[Hallroom]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Now that we're in a period where it's basically a short bull run, before Halving, the price of Bitcoin has increased at the moment mainly because of Bitcoin ETF acceptance. So now is the right time to buy if you are with Bitcoin and the right time to sell if it reaches a big bull run in the future. Maybe if we wait until 2025 we will reach the bull run.

[JoyMarsha]

What's your take on this? Given the period we're in is it buy time or sell time?

Buy time. We are currently in a bull market, and following a bull run comes a bear market, so if an investor is buying now, let them make sure they have a planned price to sell some of their holdings in Bitcoin. Not everyone can wait till the next bull run, so those who missed the current one(this bull run) would have to wait for the next one(upcoming bull run)

[JayJuanGee]

What's your take on this? Given the period we're in is it buy time or sell time?

Buy time. We are currently in a bull market, and following a bull run comes a bear market,

Yeah, but you are delusional if you are failing/refusing to recognize and appreciate that bitcoin bull and bear markets tend to take place over several years at a time, while at the same time they are delayed indicators in terms of when they can be called, so they are easier to describe historically rather than while we are in them (or if they have changed)..  

In other words:

1) we had a bear market from December 2013 to October/November 2015, but many of us did not realize/recognize it until about mid-to-late 2014.

2) we had a bull market from November 2015 to December 2017, but many of us did not realize/recognize it until about May 2016.

3) we had a bear market from December 2017 to December 2018, but many of us did not realize/recognize it until about mid-to-late 2018.

4) we had a bull market from December 2018 to December 2021, but many of us did not realize/recognize it until about May 2019.

5) we had a bear market from December 2021 to November 2022, but many of us did not realize/recognize it until about May 2022.

6) we have been in a bull market since November 2022, but many of us did not realize/recognize it until mid-to-late 2023.

7) don't be expecting BTC markets to be flip-flopping around and using dumb-ass terms to describe bear and bull markets, when you are merely just addressing short term trends within linger periods of time.

8 ) this current bull market has good chances of lasting anywhere between 9 months to 18 months longer, with several potentially large corrections within it but also several exponential Uptrends within it too. and so the reason it is considered a bull market is based on the odds for up being greater than the odds for down.. and yeah again by the time we are out of the bull market, we are not going to know, realize and/or recognize being out of it until several months (perhaps 6 months or more) after we are already out of it and after the top ends up being in for the cycle.

so if an investor is buying now, let them make sure they have a planned price to sell some of their holdings in Bitcoin.

You seem to be mixing up the concepts of investor and trader.  Investors do not need to play on selling some of their BTC holdings until they have reached a status of having too much, and you don't get to a point of having too much by selling.. you get there by buying.

And sure, there is an option to trade bitcoin, but that is trading.. not investing.  And it is questionable whether it is a good idea to trade an asset like bitcoin which is either close to the best or the best asset ever known to mankind.... .... but don't get me wrong.. I have no problem with the idea of selling some BTC once you have enough or more than enough, but I don't consider it a good idea to be fucking around with selling BTC if you have already concluded that you don't have enough and your goal is to acquire more BTC. That seems a bit lacking in focus, and the kind of thing that loser do.. especially since we already know that an overwhelming majority of traders lose more than they gain.. especially if you try to compare them to a long term strategy of just buying and holding BTC.
 

Not everyone can wait till the next bull run, so those who missed the current one(this bull run) would have to wait for the next one(upcoming bull run)

Why? Waiting does not seem to be a good strategy for anyone who either does not have any BTC or does not have enough BTC.  The only way to be prepared for upwards price moves in bitcoin is to own some bitcoin.. and it takes a while to get to a point of having enough BTC.. especially if someone is coming to bitcoin and has no other investments, so all that they have is their regular salary to invest into bitcoin. it could take 10-15 years or longer to accumulate a significant and/or meaningful bitcoin position for someone in that kind of a situation... but waiting does not seem to be strategy that anyone should be advocating, especially if someone is trying to acquire a longer term BTC position.

[Rabata]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

Such quotes are often heard as many newbies and novices who just join crypto platforms. It is not only those who are inexperienced in such situations but there are many who sometimes make such statements even though they know. But in most cases, beginners make these mistakes because they don't know when they should buy and at what time they can sell and get profit. A common denominator with Bitcoin is that those who buy it long-term must be profitable. No movement is seen in the short term. If one tries to sell bitcoins after buying them in a bearish period, he will lose and if he buys in a bearish period and sells it in a bullish period, the amount of profit will increase greatly.

[Zanab247]

Bitcoin is always the best currency to invest in. If you invest in Bitcoin now, you will forget about that investment for some time after the investment. And only keep an eye on bitcoin price when it crosses 100k, because we all know and believe that bitcoin price will definitely go above 100k. If you look at the Bitcoin price chart for the last few days, you can see that the price of Bitcoin has increased amazingly in the last few days. So you invest and hold without panicking. And never think to selling.

BTC Still remain the king among other cryptocurrencies, buy it when the price is low and hodl it for long like 2 or 3 years before you can sell and, it will make you to achieve a big reward from your hodling.

This bull run that happened last month made many hodlers to believed that $100k will hit the market before the end of this year because, the price of BTC was close to $80k  last month to make some hodlers to released their BTC but some hodlers believe that the price will still go higher to reach $100k before they can sell to make profit that will make them to increase their capital in the next bear season.

[JayJuanGee]

Bitcoin is always the best currency to invest in. If you invest in Bitcoin now, you will forget about that investment for some time after the investment. And only keep an eye on bitcoin price when it crosses 100k, because we all know and believe that bitcoin price will definitely go above 100k. If you look at the Bitcoin price chart for the last few days, you can see that the price of Bitcoin has increased amazingly in the last few days. So you invest and hold without panicking. And never think to selling.

BTC Still remain the king among other cryptocurrencies, buy it when the price is low and hodl it for long like 2 or 3 years before you can sell and, it will make you to achieve a big reward from your hodling.

You are likely thinking more like a trader rather than an investor if you believe that 2-3 years is "long term."

You have been registered on the forum for nearly 3.5 years, so you are coming upon a full cycle, and there could have had been ways that you establish a bitcoin position in less than a full cycle, but if you are building your BTC holdings for the long term, it could take you years and years and years to build a bitcoin position.

Even if you had started buying BTC at $500 per week at around the time of your forum registration date, you would have invested nearly $90k and you would have accumulated slightly less than 3 BTC, and financially you would not necessarily be in a bad place, and sure there could have had been ways to better accumulate your BTC position and/or to buy BTC on dips and/or lump sum and front load your investment, but it still can take a while to build your bitcoin holdings, even if you might happen to be able to figure out when the dips are. 
 

This bull run that happened last month made many hodlers

Bull runs do not happen like that.  You are using the wrong term.

We have been in a bull market since about late 2022, even though we might not have had realized it until mid to late 2023.

to believed that $100k will hit the market before the end of this year

Sure it might and it might hit before the halvening. though the odds for before the halvening is not looking as good.. but it is looking a lot better than it did last October when Adam Back had made the bet about $100k prior to the halvening.. he kind of appeared like a nutjob, but not so much now.. especially now that we are ONLY around 30% to 35% from $100k as I type.
 

because, the price of BTC was close to $80k  last month to make some hodlers to released their BTC but some hodlers believe that the price will still go higher to reach $100k before they can sell to make profit that will make them to increase their capital in the next bear season.

Have you been trading the whole time that you have been in bitcoin?  Do you think trading outperforms buying and accumulating? 

Personally it seems problematic from my perspective for guys to believe that they can accumulate more BTC by selling BTC rather than by buying... but sure everyone has their techniques and hopefully you are able to reach your goals and/or to build your BTC stash, but yeah if you don't recognize BTC as valuable, you might be spending too much time stacking dollars rather than stacking sats and that is likely NOT going to end up being as good of a place to be, even if it may well take a bit of time to build up a decent-sized BTC stash.

[boty]

Such quotes are often heard as many newbies and novices who just join crypto platforms. It is not only those who are inexperienced in such situations but there are many who sometimes make such statements even though they know. But in most cases, beginners make these mistakes because they don't know when they should buy and at what time they can sell and get profit. A common denominator with Bitcoin is that those who buy it long-term must be profitable. No movement is seen in the short term. If one tries to sell bitcoins after buying them in a bearish period, he will lose and if he buys in a bearish period and sells it in a bullish period, the amount of profit will increase greatly.

Everyone who has just started getting into crypto, of course they don't yet know how to make a profit by investing or trading in crypto and this is normal, but if they can learn about crypto, of course they will be able to understand it well. either the right time to buy or sell in order to make a profit from the investment.

Of course, everyone who will invest in Bitcoin of course wants profits and they must be able to understand it well so as not to make the wrong decision in investing and the easiest thing that can be done to invest in Bitcoin is to use the DCA method, we buy in stages and hold on. in the long term to be able to generate profits from investments.

[skarais]

~~~

Everyone who has just started getting into crypto, of course they don't yet know how to make a profit by investing or trading in crypto and this is normal, but if they can learn about crypto, of course they will be able to understand it well. either the right time to buy or sell in order to make a profit from the investment.

Of course, everyone who will invest in Bitcoin of course wants profits and they must be able to understand it well so as not to make the wrong decision in investing and the easiest thing that can be done to invest in Bitcoin is to use the DCA method, we buy in stages and hold on. in the long term to be able to generate profits from investments.

You don't have to be an expert if you want to get returns from investments, but you just need to know how to buy, withdraw to your wallet, and secure your wallet and hold it for the long term. It's a simple thing for anyone to do, but in fact not everyone who invests is an investor, but they are basically traders.

I prefer simple instead of expecting everyone to be an expert on day one. Over time, they will gain experience and hopefully also be able to develop their strategies and psychology as investors.

[Distinctin]

Ive been hearing about situations where someone buys a coin for a certain rate and not quite long after,  the said coin drops in value, or  someone sells his coin for a certain rate and then it appreciates just after.
What's your take on this? Given the period we're in is it buy time or sell time?

The said coin can only be Bitcoin! any other coin will only be a pure gamble and there
is so much noise in that space you would be easily led into a pure $hitcoin.

Timing is a big consideration for buying and selling, but more so selling. We are approaching
the Bitcoin halving and with the historical events surrounding the halving you should be
buying now and if you want to sell - wait 8 to 12 months.

Dont be worried in a bull market if the market falls, its only a short term event. Todays value
of $64,500 is an example, last week it was $74,000 and I'm not panicking.

No one should really be panicking when you have understood completely the movement of bitcoin. It has its own highs and lows, but we all know that price decline never go consistently because at the end of the day, bitcoin price will rise and will definitely reach an all time high. Having said that, you will know that if you come out panicking, you will be at loss in the end.

The current price of bitcoin is priced at $67k and I should say this is still a good buy, but hold it for years so you can really experience how it feels to be in massive profits. Otherwise, if you buy at this price and aim to make short term profits, it would be hard for you to achieve somewhat an impressive price.