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Author Topic: Build, Before Selling Bitcoin!  (Read 402 times)
DubemIfedigbo001
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July 13, 2024, 04:02:34 PM
 #21

Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio.
Every better investor no dey get satisfaction for em investment, as far say na na profitable investment, even when you don reach your target, you must dey greedy make you get more gains, so you go invest pass your target. No dey carry only your target for mind if you dey invest, instead carry am for mind to pass your target, so you go fit meet am come pass if possible, of you carry only your target for mind, you fit tire no come reach am.

Try dey set higher than normal goals for yourself, so you go get higher advantage.

Quote
Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

,but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.
You fit still build your portfolio within a short time, them get lump sum, which be say you use plenty money buy BTC one time come dey hold am. Thst one ma for people wey get the big money. If you no get, you settle for DCA.


R


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Jaycoinz
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July 13, 2024, 07:04:28 PM
 #22

Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.
The truth is that everyone have their plans and target when it comes to investing in Bitcoin. Not everyone plan to sell all their Bitcoin after they finish building, some people plan to continue to build and sell strictly when they have a project they want to use part of the proceed of their investment to execute such as building a house or another good one. In this case, they will just sell part of their Bitcoin while they continue to build using the DCA method or any other method they are using. There are also people building their portfolio to be handed over to heirs. To them, Bitcoin is a very good option to save their wealth so that inflation will not eat it up, besides, it has also shown to increase in value with time.  


Some people wey I know sef know even get sell for their agenda sometimes e dey make me dey even wonder when e go come dey okay to see that their investment don actually ripe to sell because I believe no matter what and time it takes an option for sell will still be the era of the day even after a long term of holding your Bitcoin. Bitcoin is still in it's early phases despite the fact it has grown so much from the initial time of creation and I believe this is context at which almost holds their Bitcoin.

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July 13, 2024, 08:09:15 PM
 #23

Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.
The truth is that everyone have their plans and target when it comes to investing in Bitcoin. Not everyone plan to sell all their Bitcoin after they finish building, some people plan to continue to build and sell strictly when they have a project they want to use part of the proceed of their investment to execute such as building a house or another good one. In this case, they will just sell part of their Bitcoin while they continue to build using the DCA method or any other method they are using. There are also people building their portfolio to be handed over to heirs. To them, Bitcoin is a very good option to save their wealth so that inflation will not eat it up, besides, it has also shown to increase in value with time.  


Some people wey I know sef know even get sell for their agenda sometimes e dey make me dey even wonder when e go come dey okay to see that their investment don actually ripe to sell because I believe no matter what and time it takes an option for sell will still be the era of the day even after a long term of holding your Bitcoin. Bitcoin is still in it's early phases despite the fact it has grown so much from the initial time of creation and I believe this is context at which almost holds their Bitcoin.
As investment is consern, we must sell some day but the reasons why we hold for long is because no body wants to sell at loss, or settle for less. We believed that as time flies we will make a lot of profits than when we sell for short term. Selling when you haven't gotten any better profits is not a wise action because the reason  why we make investments is because we want to make profits and to be serious it's not everything we are supposed to invest on just as we can not invest on Bitcoin/shitcoins/altcoins so that we can concentrate on the better sides (bitcoin) for long terms.

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Stable090
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July 13, 2024, 08:43:38 PM
 #24

Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.
If you no wan sell bitcoin after you don invest in am or set your portfolio for how u want make e be, then e go just better make get work wey u Dey do, make steady income Dey enter, and make sure say you still get back up money, make you no leave that one for inside crypto, you fit leave am for your account for bank make u Dey look your thing, any time wey emergency come, na Wetin you go use be that, e no go even come your mind say make you sell any coin wey you get for portfolio.

But if you no get money keep, or you no get any better source of income, if problem come, na that portfolio wey you don set, na him you go still scatter again, wey no really make sense self.

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Zigabel
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July 14, 2024, 06:33:30 PM
Merited by CryptopreneurBrainboss (2)
 #25

Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.
The tin be say pplenty pipo no wan wait small, dem no wan get small patientence, dem dey always want say dem go getam sharp sharp, like now some pipo go want say as them put dia small money, d next week e supposed don do x2, dem no say e get time wey e dey happen like dat and e get time wey b say u go gats wait small no be to dey hurry becuse e no get as u wan do am wey b say dem no go fit get the kind money dem dey find immediately, everytin na process no be somtin wey u go do for one day den u go get millions with your small money.

me i know say for d bitcoin waka u go need put plenty tim and say u go follow wait no be say u go com dey say  u wan do every tin sharp sharp com pas pipo wey don dey d hustle since before you just one time, dem no dey run tins like dat except say na scam or maybe na bettin wey be say u fit jsut get ur money once.

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July 14, 2024, 07:29:29 PM
 #26

Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.

Wetin you talk no wrong and people get different way wey dem take dey use build their portfolio for bitcoin. The time period of 5-10 years fit be long time for anoda person wey get enough money to take use build him portfolio reach the target wey him want. Building portfolio for 5-10 years no be small wan sha but if you check am and the benefits wey dey attach to am, e worth am and anybody wey fit hold on till dat time mean say e mean business and e go really get patient for d tin. Anoda tin be say d person go don get external savings wey no go make am touch dis him holding for dat long. E no even fit dey possible for person like dat not to get enough with am wey him go fit use do oda tins. All dis tin na just make you get patient and make you don make up your mind say na wetin you wan do be dis and you go work towards achieving am.

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July 16, 2024, 07:14:04 AM
 #27

Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.
Op u dey right bro, if anybody wan invest for Bitcoin e dey good to invest with de aim of long-term so that u go build ur portfolio gradually through that long period. Because after we don invest plenty things dey happen many factors dey com into play, wey dey affect bitcoin price sometimes ee dey drop well well but if u get that long-term mindset and believe Bitcoin, na that time good to buy plenty bitcoin if the money dey because de price dey cheap and like that u dey put ur self for better position to profit.

Bitcoin no be quick money something and if anyone dey hear about sweet story of bitcoin investment and u get interest to invest try go for knowledge about bitcoin before u put ur money so that u no go dey shake or think to sell early when u never build good portfolio e fit result to lose. DCA na really good pattern to dey buy bitcoin frequently, ee no get stress at all whether price down or up ee dey buy and accumulate for u with amount or budget u like to dey put inside bitcoin.
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July 16, 2024, 03:40:01 PM
 #28

Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.
The truth is that everyone have their plans and target when it comes to investing in Bitcoin. Not everyone plan to sell all their Bitcoin after they finish building, some people plan to continue to build and sell strictly when they have a project they want to use part of the proceed of their investment to execute such as building a house or another good one. In this case, they will just sell part of their Bitcoin while they continue to build using the DCA method or any other method they are using. There are also people building their portfolio to be handed over to heirs. To them, Bitcoin is a very good option to save their wealth so that inflation will not eat it up, besides, it has also shown to increase in value with time.  


Some people wey I know sef know even get sell for their agenda sometimes e dey make me dey even wonder when e go come dey okay to see that their investment don actually ripe to sell because I believe no matter what and time it takes an option for sell will still be the era of the day even after a long term of holding your Bitcoin. Bitcoin is still in it's early phases despite the fact it has grown so much from the initial time of creation and I believe this is context at which almost holds their Bitcoin.
Since its inception, Bitcoin's ongoing performance has been largely promising for investors to profit and hold for a long time. Bitcoin holdings and short-term profits have been generating mixed reactions for investors, mostly suggesting the market is moving. The maturity of each investment depends on the individual, but you should take care of your accumulated Bitcoin holdings as it can give you financial maturity over long-term holdings.

Of course, Bitcoin is currently in its early stages which should be optimistic for every holder as it is difficult to predict how much its value will increase in the future as it enters adolescence and adulthood. Therefore, every investor should accumulate and hold bitcoins as much as possible.

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July 17, 2024, 05:44:57 PM
 #29

Asking if any newbie should panic with bitcoin price going down that’s normal because sometimes when you dey new into crypto or any field e get some certain thing wey you never experience but you dey hear for example most newbies never really experience bitcoin dip but them dey hear about the dip, selling during the dip is wrong likewise selling when an investor has not gotten a solid portfolio just like wetin op talk. If anyone should ask me what’s the best thing to do during bitcoin dip I will definitely advice the person should buy the dip and hold instead of selling everything, before any investor don make up mind say he/she wan hold bitcoin I believe the person go take time build solid portfolio before thinking of selling or else anything that has to with early stage profit no be investing.

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July 17, 2024, 09:44:53 PM
 #30

Bitcoin investment is for the strong, because when the up and down of the market start only them can survive it ,alot of persons call themselves Bitcoin investors ,they allow their emotions to control them,at any little financial challenge they have,they want to sell off their Bitcoin, without knowing the implication of what you are doing, because of fear of what will happen next  in the market accumulating in your portfolio, gives you a better chance to gain more profit in a long-term. Life is all about risk and sacrifices, until you learn and understands it , you will not be able to take some certain decisions . You need to set principle, goals and what you need to achievement for yourself in other to meet your target.
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July 18, 2024, 03:37:43 PM
 #31

Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

Ee get people wey dey invest for Bitcoin because of the sweet story of bitcoin but dem no wan follow de process by building a portfolio first before dem think of selling. As bitcoin price fall down dem don fear wan sell their bitcoin holding, but no be so, u need to build good portfolio small small with dollar cost Averaging (DCA) to gather bitcoin weekly or monthly for like 5 to 10 years ....... even more but depending on ur target  before thinking  of selling.

If u get anything to add, on how to build good bitcoin portfolio before selling talk am make people learn.

For sure there should be time to plant (accumulate) and time to harvest (sell) such that it can be very wrong for anyone to sell when your investment are meant to be growing and that is one big mistake some people who may not have understand the dynamics of Bitcoin investment as best when viewed on a long term perspective of maximizing building up a good size of Bitcoin by being consistence in accumulating Bitcoin which also requires having a stable source of income to enable you to be taken care of your personal needs comfortably as well as accumulating your Bitcoin without selling it to take care of other needs, having a good size of emergency funds can also be helpful in your Bitcoin accumulation stage.

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July 18, 2024, 04:58:39 PM
 #32

Na true u talk op, u need to build a secure and safe wallet, wen u will b depositing your BTC either weekly or monthly and hodl for long period of years before u can trade to make something that will change your life for good.

I no op forget to add this, invest what u can afford to lose in BTC investment because there are some people who don't no this strategy, and dey can invest all their money in BTC that will make them to regret in future wen d bear season continue running in d market which is d reason people need to invest what dey can afford to lose in BTC investment. Wen u make up your mind to hodl your BTC for long period of years before u can sell, I don't think u will regret d kind of result that will come out at d end of d investment because that is d tactics many people use to accumulate profit from this industry.

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July 18, 2024, 07:48:40 PM
 #33

OP na true you tok but you know say Naija guys dey do sharp sharp things so dem no dey like to wait till di investment go ripe but in most time na short time investment dem dey do. And the best time to start the investment na di dip. And keep it (hodle) it for years before selling. But you have to plan everything like the time to sell and if the time to sell e no go favour you then what will you do, will you extend it or sell it? All those things must be arranged and set for your investment plan.

When you are investing in bitcoin, don't use rush and plan to sell them quick but patient for long term. So you will have enough profit from it.
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July 18, 2024, 08:11:56 PM
 #34

Bitcoin investment is for the strong, because when the up and down of the market start only them can survive it ,alot of persons call themselves Bitcoin investors ,they allow their emotions to control them,at any little financial challenge they have,they want to sell off their Bitcoin, without knowing the implication of what you are doing, because of fear of what will happen next  in the market accumulating in your portfolio, gives you a better chance to gain more profit in a long-term. Life is all about risk and sacrifices, until you learn and understands it , you will not be able to take some certain decisions . You need to set principle, goals and what you need to achievement for yourself in other to meet your target.
Yeah no be lie watin you talk ,  many people no really get the mind to stand out with their holdings because Bitcoin investment na something person gat dey very discipline if not you go end up selling your coins because of fear or maybe lack of patience. So many people no really get the basis of the whole investment thing and end up regretting overall sef because after everything profit sef dem fit no even get so e better to patiently gather to get better chance of profit when you hold for long time.

R


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July 18, 2024, 08:18:45 PM
 #35

Making an investment in bitcoin goes along with its procedures, we need to know and learn about all the required procedures in making an investment in bitcoin, this will properly direct us towards knowing more about when to sell, buy or hold our investment, in most circumstance, we should not be too desperate about being eager to make profit within a short period, instead we should hold for longer or better still have a required knowledge to trade if we can afford to do so.

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July 18, 2024, 09:08:38 PM
 #36

Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

When you rush enter Bitcoin, na so you go rush commot because Bitcoin investment no be for the weak. If the market show you pepper when you never prepare for the market, you go think say everything wan crash and na so you go take wrong decision. After hearing about Bitcoin or after teaching somebody about Bitcoin, allow them take time digest am. The market no dey go anywhere so you no need dey rush because you no understand the market na so you go dey make mistakes

Quote
Bitcoin investment, take long time before ee dey ripe well. People wey begin this bitcoin investment journey from beginning, na so them do am by building their bitcoin portfolio for long time and  the them benefit like that.  So we need to learn from dem build our own too for that kind period to profit also.

If you entered in this bull market no expect to make money immediately but plan yourself well to use the bear market wey go come to accumulate Bitcoin. Making a profit from the market in a big way needs time, some people dey say na 10 years minimum and if you invest for that amount of time no matter how bad e reach you suppose dun fit accumulate 1 BTC and with that amount you suppose dey alright to retire as a financially free man.

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July 18, 2024, 09:26:54 PM
 #37

there are three strategies to building your portfolio effectively and they are as follows:
  • DCA
  • LUMP SUM
  • BUYING THE DIP

These strategies are worth knowing and noting in your accumulation journey as you can employ more than one at a definite point in time in your journey when the need arises. For example, You can be consistent with DCA and there happens to be a very good DIP presenting itself like what happened within the last two months, you can therefore take advantage of that opportunity to buy more stashes of bitcoin at a lower price which would be very profitable for you when the price correction takes place and the bull run arrives.

R


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July 18, 2024, 09:38:18 PM
 #38

Bitcoin investment na long time process, wey require to take gradual steps to build a good portfolio. Selling our bitcoin na de last thing after we don dey satisfy with our bitcoin portfolio. Them no dey rush do am or get quick profit mindset, according to oyibo " Rome was not built in a day" meaning take time do things something well.

When you rush enter Bitcoin, na so you go rush commot because Bitcoin investment no be for the weak. If the market show you pepper when you never prepare for the market, you go think say everything wan crash and na so you go take wrong decision. After hearing about Bitcoin or after teaching somebody about Bitcoin, allow them take time digest am. The market no dey go anywhere so you no need dey rush because you no understand the market na so you go dey make mistakes

You no dey far from the truth at all because I remembered wen I been dey new into Bitcoin so after I buy Bitcoin come dey expect say as I don buy am say the price go just dey go up not knowing say Bitcoin get volatility so as I dey wait to see the price go up instead the price begins to fall and I just dey hope say the price go rise back again but for where naso I take fear sell my Bitcoin at a cheaper price when I don already lose some because no be wetin I buy wey I take sell back again so I decided to sell due to fear say make the market no come continue to dey fall now I come lose everything but some hours after I sold my Bitcoin naim the price begins to increase again naim i vex for myself say if to say i dey patient say that kind thing for no happen to me so na true you talk say Bitcoin investments no be for people wey no get mind because you go just dey feel bad anytime wey the market no dey go according to how you plan. So e dey good to get good understanding about Bitcoin investment before person invest.

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July 19, 2024, 07:34:44 PM
 #39

Normally anybody wey wan invest on bitcoin go know say na to buy and hold, no be investment wey be say you no go learn about it very, not because you hear say e dey pay because of the profit go make you go buy waiting you no fit hold for a long period of time, nobody go force anybody to buy bitcoin and that is why them Dey give advice before you start to invest in it, we all know say bitcoin Dey bring profit just like someone enter business and earn profit but bitcoin profit Dey different from business own that is why we are saying you have to be capable of holding your coin for a long period of time, even the oyibo wey creat am too advice those who want to invest and that is why it is very important for you to make sure you understand what bitcoin is all about before you go chook hand for investment and at the end you will come Dey find person wey you go blame, abeg make we no rush ourselves in anything that concern investment.

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July 27, 2024, 04:19:14 PM
 #40

What other portfolios do you want to learn here having reading the general english board and speculation section on how to hold and engages in DCA, and of course anyone who has been in those board shouldn't lack what to do concerning their investment. The major thing is that you should choose when to sell and how long to hold if you must sell off your bitcoin, of course we knows that many people are holding for decades while some only interested in 1 year to 4 years just to experience one halving cycles with this there's a lot of benefits if they invested when it was extremely dip.

Yes the truth must remain just as you have said about many with their holding strategy and durations, I believe no matter how one build potifolio there must be a time to sell or take little profit only few can do life time investment beside the reason for investing in is to gain and solve some projected future issue at targeted maturity of the investment depending on the hodler no body can hold till death because holding till death is of no  value. Before holding investor has years and time plan of taking profit it can only be considered improper when the investor is not ready to hold at least one year above.

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