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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 2514 times)
AnonBitCoiner
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March 10, 2024, 04:57:08 AM
 #61


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.

We have experienced the situations after approval of bitcoin ETF so there is also a possibility that this huge gain will be nothing if we see Bull season during halving. Effects of good news are so good that it increases the price to a greater extent. In very little time the bitcoin will go higher and will cross the limit of Previous ATH created in the Bull season during 2021.

Halving is only possible condition during which people will take benefit from their bitcoin which they have holded from years and once people start selling it then there is a prediction that price will not go further higher.



 

 

 

 

 

 


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March 10, 2024, 05:26:35 AM
 #62

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 condition should have come at the time of the previous correction and we were ready with money and bought at that time where the options available were extraordinary, we just have to look back for a moment which one rebounded the fastest after the BTC correction where the working pattern was the same. So you're safe if you still survive and don't sell it.

In my opinion, there is still time to buy now, but it is very risky because pumps and dumps of BTC at prices like this are very vulnerable. BTC is already at the peak and many speculators are trading short term to look for a little profit. Maybe the impact of buying at the current price is quite felt by the fall that he experienced. Look even though BTC has gone up a long way. especially if you enter when the pump is running and the price is already 50% and above, the result is that the profit percentage is 10% and the loss is 90%.

My advice for trading is to relax... if you have made a profit beforehand, wait a moment, save your USDT and enter again when the price is deemed appropriate to enter, don't force it.

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March 10, 2024, 08:00:59 AM
 #63

We have experienced the situations after approval of bitcoin ETF so there is also a possibility that this huge gain will be nothing if we see Bull season during halving. Effects of good news are so good that it increases the price to a greater extent.
Effects of good news (if we can call ETF approval a good news) is immediate and short. Meaning if this news were to affect the price, first it should have affected the price right after the news came out not a long time after it and also such effects don't last that long. We can already see how the price keeps on rising which means it has nothing to do with that news...

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March 10, 2024, 11:40:19 AM
 #64

Quote from: JimboToronto
hodl hodl hodl

Now that the bullish season is going to a month when holders started selling their Bitcoin to make a good income that will give them another opportunity to purchase when bearish season appear, and anyone that will continue holding his or her Bitcoin in this high price the Bitcoin has reached in this month of march, the person is taking a big risk that will make such person to feel bad for holding that particular coin till now. I have sold my Bitcoin few minutes ago when the price of Bitcoin hit back $69,217 to achieved a huge amount of income from my long term holding, and anything can happen to the market any moment from this week for the bearish market to appear for we to purchase again. I will not advice you to hold your coins at this point because nobody know what will happen next, it will be a good choice to supply your coins to the market to be part of those that achieved income from this year 2024.

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March 10, 2024, 02:36:38 PM
 #65

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?
We all understand the simple meaning of "buy the dip". We are now at the highest level within several years. However, this does not mean that the purchase period has passed. Currently the Bitcoin market is in a significant position and the value of some other coins has yet to rise to the level it should be. But soon we may be expecting a big bull run in Bitcoin and all Altcoins. In my opinion, the investment climate is still favourable. A buyer buys according to his wishes and sells according to his preferences. Of course he can sell his purchased assets if there is a profit, but since the market is now preparing for a bull run, it makes more sense to hold rather than sell at this time. But investing is definitely risky so it is better to give priority to individual policy.

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March 10, 2024, 03:05:54 PM
 #66

It depends on the investors perspective of investment. The market is already appreciating so Investors who invested before this interesting rate according to the Coin market cap who're short term Investors can sell because there's already values in the market to bring them profits while long term Investors can hold and purchase more with the DCA while the market keep sky rocking to the moon.
Anyways, it all depends on individual investors decision if they want to sell of buy.

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March 11, 2024, 08:45:33 AM
 #67

I think passing buying now is what i will do (at least for a while) because the price of bitcoin
 is really high now and I'm afraid to handle this price , i believe adding some altcoins in my part is enough
as I have enough Bitcoin in my wallets and maybe I cannot handle buying at this high.

Congrats to all who can still purchase in this stage , I salute your capacity guys.


Anyways, it all depends on individual investors decision if they want to sell of buy.
That's it ,our money our decision ,we are only advising people here and not force them following us.

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March 12, 2024, 03:00:12 AM
Merited by JayJuanGee (1)
 #68

Effects of good news (if we can call ETF approval a good news) is immediate and short. Meaning if this news were to affect the price, first it should have affected the price right after the news came out not a long time after it and also such effects don't last that long. We can already see how the price keeps on rising which means it has nothing to do with that news...
People actually bought the rumor, sold the news and their activities are reflected on Bitcoin price and its chart. Price actually halted and corrected a little after Bitcoin Spot ETF approvals before those ETFs bought a lot of bitcoin and lifted the price to higher highs and higher highs.

Because rumors, news here are actually converting to actual purchasing demand that is massive too. Price consequently moves up a lot and with potential huge capital from US. citizens, Wall Street investors, those Bitcoin Spot ETFs will continue buying more bitcoin.

Halving is still in future and after halving, price will get positive effects months later when people realize how harder to mine bitcoins, how less bitcoins they will get from similar resources is mining inputs.

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March 12, 2024, 06:21:25 AM
 #69

Well now we are in a 'bull market' so I do not think you want to sell your coins now. It is the worse time to sell your coins when there is the Bitcoin halving in just next month.

Bitcoin did have a very good week. It is now up more then 6 percent for the week. And it is up more then 4 percent in just last day.  It has bigger marketcap then silver now. And it is 8th top global asset.

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March 12, 2024, 01:54:26 PM
 #70

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?
a number one thing that causes some people not the opportune to sell when there are supposed to sell the Bitcoin is because their lack opportunities and they also endurance because when you know the system of cryptocurrency especially Bitcoin I don't think that will be able to rush and the sell out to your coin that your projects, another then is that one want to venture into cryptocurrency investment especially Bitcoin you should know you want to mention into long-term investment or a short-term investment so that will determine when you will make a profit for your investment or when you will not make profit for your investment.

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.
in this aspect what causes it is when you have not understand the chart of cryptocurrency before you invest in cryptocurrency because it is obvious that many people who invest when the price is low always be a beneficiary when the price Rises so from my own understanding it is a misconception and the misunderstanding of the investors to be able to identify when they are will be able to purchase a Bitcoin and the make a profit and when they are not supposed to purchasing Bitcoin and loose is a instead of making profit.

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 have also heard and experienced both situations that you said, the way to overcome them is to use management, you must have a buying and selling target when you invest in a coin, this will make you wiser in making choices. Then about whether now is the time to sell or buy, if you've bought crypto before the new year, I think this is the time for you to sell your coins (including bitcoin) if you're profit-oriented.
this is not a big deal to overcome because it is obvious that when you learn and understanding the system of cryptocurrency you will know when to purchase so that the market will not fall on you and when not to purchase so that the market will not be against you, what makes people to experience such is inpatient and also investing in a coin that lacks potentials.

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March 12, 2024, 09:07:28 PM
 #71

What happened is that most coin are being manipulated by holders for example those coin that are being sold during the presale can be controlled that way were they don't have vesting period and when it's being listed in the market you would see investors dumping them seriously knowing too well that such coin doesn't have a good prospect so what they are after is their profits, when the profit and capital are being pulled out from the project you see the coin dropping uncontrollably. So it's with those who invested and began to make profits from the coin because they had a limited supply, or they have a good prospect.

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March 12, 2024, 09:11:39 PM
 #72

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?
It is possible and it even happens to Bitcoin after we buy today, it drops tomorrow or in the next few days. There is no exemption to this situation but as long as we hold, it never incurs losses. We have to remind ourselves that the market is too volatile, we can't just only see that it keeps on growing but also, expect possible drops. But guess, all the market events --pump and dump, are considered as opportunities for us to sell/buy.

If we are not buying Bitcoin, it is important to choose potential coins as this will be our assurance that if ever it drops, we can still expect recovery.

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March 14, 2024, 04:04:09 AM
 #73

When I saw this topic I was happy to share my thought on the current FOMO of bitcoin holders I never knew you were quite general on this topic but I'll assume that it was bitcoin you were referring to by crypto.

Most people get into the shot too late or don't know when is the right time to buy, some are just waiting for others to buy first watching the price without making a move and would end up buying late and surely regret.

Like right now you woudl see a lot of persons talking about selling and making topics on selling strategies when we are not even sure that bitcoin has well reached its peak and what woudl be the reason for selling now, I don't know cause you can buy back if the price soars even higher, many people that fall into this category are weak hands, just wanna sell least the price dumps on them. Weak hands.

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March 14, 2024, 04:52:13 PM
 #74

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?

It actually depends, you have to know what risks you have to take. Personally, if I buy coins for a bullrun, if the coin experiences a decline, I will buy again because indirectly it is a discount. At the moment the price of altcoins or Bitcoin is decreasing, now I tend to buy more coins to bull run preparation if you want to sell coins you have to think if we take profit we have to speculate the coins will go down we have to have a mentality in investing loss is a risk so do your own research that is in my personal opinion

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March 14, 2024, 05:56:55 PM
 #75

When I saw this topic I was happy to share my thought on the current FOMO of bitcoin holders I never knew you were quite general on this topic but I'll assume that it was bitcoin you were referring to by crypto.

Most people get into the shot too late or don't know when is the right time to buy, some are just waiting for others to buy first watching the price without making a move and would end up buying late and surely regret.

Like right now you woudl see a lot of persons talking about selling and making topics on selling strategies when we are not even sure that bitcoin has well reached its peak and what woudl be the reason for selling now, I don't know cause you can buy back if the price soars even higher, many people that fall into this category are weak hands, just wanna sell least the price dumps on them. Weak hands.

This is pretty common because there are people who have money but don't have a clear mindset or strategy hence they are either jumping without considering market situation and end up losing or else they just keep thinking and waiting for ever and end up regretting. The only way people can end this misery is by learning how Bitcoin and crypto market works and it's not get rich quick scheme because some still believe we will become millionaire overnight which is not true.









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March 14, 2024, 06:18:56 PM
 #76

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've responded to several post responses and that's good because you want this discussion to be active. Of course, with Bitcoin all these obstacles will not last long if the situation is like what happened now and some time ago, it is irrelevant. In fact, those who buy it will be faced with an increase, not a decrease.

Panic sell is not in a situation like this which continues to move upwards. Many people experience panic selling when the market situation is bearish. That also happens to people who don't understand market cycles. If this is the case, they hope the bull run will not continue. Right?

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March 14, 2024, 06:23:03 PM
 #77

Well now we are in a 'bull market' so I do not think you want to sell your coins now. It is the worse time to sell your coins when there is the Bitcoin halving in just next month.

Bitcoin did have a very good week. It is now up more then 6 percent for the week. And it is up more then 4 percent in just last day.  It has bigger marketcap then silver now. And it is 8th top global asset.

Even though the halving could affect the demand for bitcoin in the market, I am sure the impact will not be immediate. The price will rise slowly and it may take months to gain major bullish momentum, but I believe a large return can be expected next year.

Today especially in the last few hours, bitcoin has been heading towards new support. I see $70k has broken out and the low is at $69,900, but this isn't a bad thing at all. At least a market correction can provide an opportunity for anyone to carry out DCA and accumulation, of course that is advice that can be considered when they expect long-term returns.

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March 14, 2024, 11:14:46 PM
 #78

What's your take on this? Given the period we're in is it buy time or sell time?
Buy time because whatever price you bought Bitcoin at, even if its price decreases in the long run, bitcoin will skyrocket above the invested price.
One of the funny attitudes I find newbies do is to complain or feel sad when they see the price of bitcoin decline. Not knowing that each price movement bitcoin makes (increase or decrease) is always at investors gain to buy more bitcoin at a low price and sell at a high price.

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March 15, 2024, 12:50:54 PM
 #79

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 should put a certain time and percentage when will you be selling . same as when you are buying? better to dig about the coin deeper before making a purchase so whatever happens then you know what are you dealing and experiencing.
It's always buy buy buy time.

Only sell when you absolutely must.

Selling unnecessarily means you're losing bitcoins.
Plus 1 , saying from one of the respected bitcoin supporter.

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March 16, 2024, 02:28:06 PM
 #80

it depends on your analysis and beliefs. Before buying you have to do an analysis and if you find extraordinary potential in the future then buy and hold, and vice versa. Trading without analysis is the same as gambling, and don't trust other people's analysis too much because the investment risk is not borne by other people.

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