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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 2878 times)
btc_angela
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March 07, 2024, 08:22:46 PM
 #21

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?

No one has the crystal ball to see what the future holds, if that is the case, the scenario that you are putting, and if that is bitcoin then I would rather hold and not sell. But if that is altcoins or shitcoins, then you have to think twice as altcoin market is very unpredictable. There are groups like the Pump and Dump scheme who works from behind and will try to do  the scenario that you are describing.

But if you are with Bitcoin, then, even if it goes down hard, the best thing to do is buy and HODL, simply as that. Anyhow, you might hear different advise, so it's really up to you do to what's best for you. The situation that you describe is unavoidable, it will always happen so it really up to you what course of action you will take to either preserve your coins or dump them.

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March 07, 2024, 08:51:40 PM
 #22

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?
Volatility in the market is what we can't trap in a vacuum which is why even after much of research and with your analytical conclusion you still have to tread the market with caution because you can lose so much within a twinkle of an eye and also still can make profit within that twinkle. In as much as we can't see the future let me ready to accept whatever  event that happens after we might have taken a decision in this crypto space, with this we can be able to Dela with regrets and move forward for another trial again hopefully.
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March 07, 2024, 09:03:17 PM
 #23

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?
This is normal in cryptomarket because of its volatility especially you can’t expect any project to pump all the time, corrections and price drop will always be part of the market cycle. You have to be more cautious when you are investing, you have to assess your position and know when to buy and sell. Timing in the market is also important, know how to timing the market and you can be more profitable in time.

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March 07, 2024, 09:10:05 PM
 #24

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?
If someone does have the capacity on knowing about on when to buy and when to sell then you would really be a rich person for sure and there's no doubt on that but we do know that this is some sort of
dream that everyone do wish for is on which they would really be able to know into those when conditions but we do know that it cant be just possible. This is something that all people here on this market
is really that trying to figure it out and this is something that majority would really be doing their very best on learning those technical analysis because we are really that trying out to
find on where it would possibly go.

This is where we do really tend to learn up all possible aspects that we could really be able to learn on which this is something that we would really be that
figuring on where it would be heading but since there are tons of factors that could affect market movements then this is something
that what makes things even more harder.

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March 07, 2024, 09:40:23 PM
 #25

All of these problems can occur to many investors because I mean you have little real experience with crypto. See if you could have done good altcoins or bitcoin holding earlier this year you could have sold with huge profit at this time. On the other hand some people are afraid and they think the market can crush at any time so they don't just invest in the market to enjoy the right profit time. Strengthen your attitude and think about what you want to do.

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March 07, 2024, 09:42:43 PM
 #26

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?

What you hear about the situation may apply to altcoins and meme coins. When it comes to Bitcoin, you often hear about 1 BTC = 1 BTC.
Bitcoin in the long term will not decrease in value. As for other cryptos, I will not guarantee that their value will last like Bitcoin.
I hear about it so often with coins other than Bitcoin, that I don't even hold any altcoins that don't have obvious potential in my wallet to hold.

Declines and increases occur as normal activities. Don't be surprised if prices decrease again after an increase. The opposite condition can also occur, friends. If the coin you buy is not Bitcoin, there is no guarantee that once it declines it will become valuable again in the future.

R


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March 07, 2024, 09:59:32 PM
 #27

~Snip
What you hear about the situation may apply to altcoins and meme coins. When it comes to Bitcoin, you often hear about 1 BTC = 1 BTC.
Bitcoin in the long term will not decrease in value. As for other cryptos, I will not guarantee that their value will last like Bitcoin.
I hear about it so often with coins other than Bitcoin, that I don't even hold any altcoins that don't have obvious potential in my wallet to hold.
Not everyone has that mindset where 1 btc = 1 btc. The average investor thinks about value not the number of bitcoins, it is the goal of the investment. Moreover, prices always fluctuate and are never stable, so it is not true that the price of bitcoin will not fall at another time, even in the long term.

Declines and increases occur as normal activities. Don't be surprised if prices decrease again after an increase. The opposite condition can also occur, friends. If the coin you buy is not Bitcoin, there is no guarantee that once it declines it will become valuable again in the future.
This is called volatility and all investors are well aware of it.
Prices rise and fall all the time and this makes the value of your investment in fiat change. If indeed 1 btc = 1 btc for you, then you should never complain when the price fluctuates at one time.

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March 07, 2024, 11:56:26 PM
 #28

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?
You don’t have to confuse yourself if you just follow the basic rule, buy low and sell high. So with regards to the current price today, it’s obvious that it’s still surging high but we have not achieved yet the new all time high, so the best move might be accumulate more bitcoin before its price reaches its peak. However, others might be selling and it’s also their own strategy, as long as they’re in profits, they’re good. But if you want to maximize your future profits, then just buy and do DCA, sell only when the real bull run is here.

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March 08, 2024, 02:22:19 AM
 #29

All of these problems can occur to many investors because I mean you have little real experience with crypto. See if you could have done good altcoins or bitcoin holding earlier this year you could have sold with huge profit at this time. On the other hand some people are afraid and they think the market can crush at any time so they don't just invest in the market to enjoy the right profit time. Strengthen your attitude and think about what you want to do.
Always open to being able to sell it now, at that time you bought it at the beginning of last year or maybe at the beginning of this year, because the price was higher and, of course, you already made a profit, but was that enough profit to be made? had remember that the upgrade is not finished as it has just begun.
Yes, of course, it is normal for what you say. There are those who are afraid and think the price will be corrected again. Everyone will also experience that because they see the profits that are right in front of their eyes.
Once again, always analyze carefully before doing what you do, because what you do could be wrong.
But there's no need to worry because the halving period hasn't happened yet, which is when the increase will occur.

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March 08, 2024, 04:26:10 AM
 #30

What's your take on this? Given the period we're in is it buy time or sell time?
I think now is not the time to sell bitcoins. Hope Bulran will start next year. Many expect, and I also expect Bitcoin to surpass $100k on Bullran. I will not currently sell bitcoins, I will continue to invest in the DCA method for now. If I sell the investment now, I may not get the opportunity to buy at a lower price.

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March 08, 2024, 04:36:12 AM
 #31

It's always buy buy buy time.

Only sell when you absolutely must.

Selling unnecessarily means you're losing bitcoins.
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March 08, 2024, 05:19:28 AM
 #32

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.
when you invest expect the downfall so when it happens you will accept the situation and will not fall form that desperation and bad feeling.

Quote
What's your take on this? Given the period we're in is it buy time or sell time?
Just BUY and BUY mate , never sell unless you badly needed and also try to add more when you have chance.









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March 08, 2024, 05:28:41 AM
 #33

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?

If you buy bitcoins now is the time to buy and hold bitcoins. Buy sell and hold it all depends on which coins you hold. If you buy Bitcoin then you can hold it at present no problem, profit is guaranteed. But if you hold Altcoins there is a lot of risk at the moment, and the possibility of a price drop is very high. So Bitcoin is best suited for holding.

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March 08, 2024, 06:22:08 AM
 #34

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 incidents actually happen to everyone in real life who is involved with cryptocurrency. I have been trading in ORDI Coins for some time back after I bought ORDI Coins at $72.55 the price slowly came down a lot and at one point reached $48. I have been in a lot of losses for a long time but when all coins rise in price including bitcoin market but no change in ORDI coin price I sell with some loss when I sell with loss after few hours the price rises rapidly and $89  Dollars are done. In fact, I think such incidents happen to everyone and one should never regret such incidents. I will not form an opinion about the time we are in now.  Since our bitcoin halving is coming up soon not before the Bitcoin halving but after the Bitcoin halving the price will go down a bit in which case what to do right now is a personal matter. But I won't buy anything right now.

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March 08, 2024, 06:28:12 AM
 #35

What's your take on this? Given the period we're in is it buy time or sell time?
I think now is not the time to sell bitcoins. Hope Bulran will start next year. Many expect, and I also expect Bitcoin to surpass $100k on Bullran. I will not currently sell bitcoins, I will continue to invest in the DCA method for now. If I sell the investment now, I may not get the opportunity to buy at a lower price.
Your idea is that right now the price of bitcoin is at a high level if we sell bitcoin now we might miss the next bullrun season. So our invested bitcoins should not be sold now except for very important needs. If we DCA to invest bitcoins regularly then we will be able to accumulate a large amount of bitcoins in our investment portfolio. Moreover many investors are predicting that the price of Bitcoin will increase from $100k to $150k dollars during bullrun season. My current idea of ​​investing in Bitcoin is to just buy buy buy the DCA method And hold for a long time without selling.

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March 08, 2024, 06:35:30 AM
 #36

What's your take on this? Given the period we're in is it buy time or sell time?
I think now is not the time to sell bitcoins. Hope Bulran will start next year. Many expect, and I also expect Bitcoin to surpass $100k on Bullran. I will not currently sell bitcoins, I will continue to invest in the DCA method for now. If I sell the investment now, I may not get the opportunity to buy at a lower price.
The bull happened recently though not enough to make the price go further from breaking ATH , but i get what you are calling here  and that bullrun is what we are commonly see after the Halving in which the price grows really high from the previous ATH.

you are correct that bitcoin is for keeping in our moment now, and i also see it that way though market is still waiting till when will it stays in 60k or below 50k.









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March 08, 2024, 06:59:20 AM
 #37

We're at that time again, Stuck behind a resistance that also happens to be the previously set record (aka ATH) and people wondering what they should do.

The answer is simple despite its complications!
If you are a day trader making profit from bitcoin's fluctuations, then you should sell when price reaches that resistance and if it breaks because such "record" highs have a tendency to be a good selling point for majority of the market participants where they want to take profit and the weak hands who usually panic sell at times like this.

However, if you are not familiar or comfortable with trading, selling at such times is risky for you and may lead to losing money. Just buy in the dips and hold so that you can enjoy the long term ride to the moon.

You can study the 2017 charts to see all of what I said above. The previous record high at that time was about $1200. See how the market reacted when we got closer to that mark and how when we crossed it for the first time.
It can give you good experience too. Although keep in mind that history doesn't have to repeat the exact same way.

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March 08, 2024, 09:54:59 AM
 #38

What's your take on this? Given the period we're in is it buy time or sell time?
I think now is not the time to sell bitcoins. Hope Bulran will start next year. Many expect, and I also expect Bitcoin to surpass $100k on Bullran. I will not currently sell bitcoins, I will continue to invest in the DCA method for now. If I sell the investment now, I may not get the opportunity to buy at a lower price.
Your idea is that right now the price of bitcoin is at a high level if we sell bitcoin now we might miss the next bullrun season. So our invested bitcoins should not be sold now except for very important needs. If we DCA to invest bitcoins regularly then we will be able to accumulate a large amount of bitcoins in our investment portfolio. Moreover many investors are predicting that the price of Bitcoin will increase from $100k to $150k dollars during bullrun season. My current idea of ​​investing in Bitcoin is to just buy buy buy the DCA method And hold for a long time without selling.

Everyone has a different goal, but if someone sells bitcoin at this time not because they need money urgently but because they are afraid everything will collapse, then it is really a bad decision. I don't know exactly when bull season will actually arrive but I'm pretty confident we're very close. So selling bitcoin now is like us refusing the wealth that bitcoin brings us, we are refusing to enter paradise while standing in front of heaven's door.

Regardless, I advise everyone to hold on to their bitcoins during this time and absolutely not sell for any reason. If you can't buy more every time bitcoin corrects, wait and hold tight.

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March 08, 2024, 10:26:11 AM
 #39

This is the problem people have. They will not not want to buy when the price is low but later want to buy when the price is high. The safest coin to buy right now is bitcoin. If you buy it, it is better not to be checking your wallet balance in dollars. Just leave the coin and be expecting bitcoin to get to $100000. Because the price is falling, some people will panic and sell just like what happened yesterday. Do not do that. Do not sell if you buy even now.

It's actually a problem as much human is concerned we don't try do the right at the right time, any one who fail to buy when coin is low and be target when it's high never calculate well.

Is not all about buying and selling but buying the right one, if you buy shiltcoin that have not value and will drop soon it's if no use even some altcoin that always depreciating .

But any who buy Bitcoin weather high or low will surely have good return but is best buy when low.

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March 08, 2024, 11:37:47 AM
 #40

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?
If we are talking about Bitcoins specifically, then I would say there is no perfect time to buy the coins. If you have money to invest then just invest and buy the coins irrespective of it’s price. As bitcoins are limited in numbers and we know the price is going up day by day. Regarding other coins, then always sell a buy and sell target. Buy the coin when the price reaches a certain price and sell only when the price is in your desired range.

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