You lost when selling your bitcoin in hurry. Whalers will always buy.

[Alpha Marine]

While I agree with your point, the situation is not always the same. I don't see anything wrong with selling your bitcoin; I have an issue when you sell it out of panic. Sometimes people have already planned on selling their coin at a particular time, so I don't think they should be thinking of what the whales want and how they're manipulating the market.

Bitcoin is an investment, and one of the reasons for having an investment is for a rainy day. So, what is the point of having an investment or savings and not using it in times of emergency?
Selling your bitcoin is not wrong, but panicking and selling it out of FUD is where the problem is.

[maydna]

Hold your Bitcoin and not sell if that is not reach your target price. People should know that after read what @OP tell so they will not sell in loss if the correction come. They can just buy more if that is happen because that means, they can have more Bitcoin that they buy at a low price.

We can not let ourselves loss in our Bitcoin investment so holding tight our Bitcoin will be the best thing that we can do. If you trade Bitcoin, you don't have to sell your Bitcoin if the price is down but buying more will be good so your average buy price will reduce. And you can wait for a while to sell it when the price increase.

It is just a matter of time to see Bitcoin price increase back. So you don't have to worry even if the price is down for more because that will be your good time to buy more. Use that time for your benefit and you will make a big profit later.

[lovesmayfamilis]

What if I bought at the early stage or at a very cheap price within 10k and bitcoin hits 100k or let's say 90k which it is already in? did I still loss? being rational is also important you can't just underscore every action people take in bitcoin investment.

That comment of yours there is merit-deserving. I wish I had merit to splash on it. You made a salient point there and that goes out to those who try to shame investors who sell theirs from time to time. We ought to realize that every investor (well, maybe not every one of them) has their target to meet and once price gets there, they sell off to take profit. I've mine too. Sometimes, investors sell off to return to the market at a cheaper price, and not because they're afraid of what's playing out in the market. For those who believe hodling is the ultimate thing, it's not. Hodling doesn't bestow value. We get to know value when something is put out on the market. The real people doing Bitcoin a deserved service are those trading it, not hodlers who are hoarding it.

I will do this for both of you because I completely agree. You should not create perpetual investments from HODLing. There should always be an investment goal. Why are you investing? At what price are you ready to withdraw part of the profit to implement your plans? Long holding periods can also fail; we do not know our future. We need goals. Saving for old age or retirement is are good idea, but if you do not know how to manage finances, even in old age you can lose everything at once. Create a passive business with the help of profits; it looks more reliable than storing for the sake of storing.

[Awaklara]

So, don't sell to them instead, hold patiently and in matter of time depending on your goals and assets values, you could imitate them (whalers) or could even be one in the future.

Everyone who invests in Bitcoin certainly does not want to sell before their planned target is achieved. Everyone has their own plan that they consider sufficient to get satisfactory profits. But sometimes, when investors do not have enough reserve funds for sudden needs, holders can decide to sell some of the Bitcoin they have collected to cover these sudden needs. Some people may regret selling their Bitcoin, but when someone is in a desperate situation, then everything can be understood.

[Cryptohygenic]

What if I bought at the early stage or at a very cheap price within 10k and bitcoin hits 100k or let's say 90k which it is already in? did I still loss? being rational is also important you can't just underscore every action people take in bitcoin investment.

Holding is very important, yet bitcoin is not just a currency for investment it's also a currency for transaction, if we stop using it for other possible purposes then it's beginning to loss it's core tenants.

Hold the possible yet transactions the possible too.

Of course the goal of investment is to acquire more values so we can reach to a solution or our financial needs.
I don't mean to say we should just keep staking of bitcoin on our wallets even when we have over reached our expectations via duration of investment plans.
I am particularly talking about those investors who sells at the course of market negative news or seeing a realistic price falls out of doubts of good values recovering again without minding if they are loosing or have not reached their expected investment plans.

[Outhue]

You only lost if you sell your Bitcoin, but everyone should have a reason why they are buying Bitcoin in the first place, you can't expect to buy today and sell tomorrow, Bitcoin is not a get rich quick kind of investment.

I don't also buy the idea of just holding Bitcoin, I feel good using Bitcoin as my means of transaction, it's a good fit for digital money so why only hold your Bitcoin when you can use it as payment option too? It's way more convenient than using your bank account or master card details.

DCA strategy will make you worry less even if the price is going down, the thought of you buying small part after another week will linger in, I think those who use all the money they have to go all into Bitcoin at once are those who will panic the most, buying Bitcoin should be a gradual process..

[Yucky]

Everyone has their profit margin. Like someone gave an example in the thread: if you bought Bitcoin at $10,000 and sold at $90,000, that's a profit. While I agree that when the market is ugly, do not rush to sell your Bitcoin because that's an opportunity for whaler's  to buy and accumulate more, so then when the market gets better, they can sell. If an individual feels they've made enough profit, then they're okay to withdraw their money.

But, if you don't have a certain profit margin in mind, don't withdraw 100%. You can take out 50% or 60% or whatever amount you feel is a profit compared to when you bought, and then keep holding the rest. But it's up to individuals to decide before making any decision about withdrawing your Bitcoin, I would say it's best to talk to a financial advisor, someone who can give you better advice on what to do.

[Ishicryptic]

We can't hold our Bitcoin indefinitely, there has to be a time when we must sell, either to take some profits, sell part of it or sell off to use the funds for something else, at such points there will always be some whales to buy it off. My emphasy is that it is not always at a loss if and when you decide to sell your Bitcoin, it is your money and you can decide what you want to do with it. But I get your point, there is no need to rush and sell at loss during dip when you can wait for when price will skyrocket and you can sell with more profits. The important timing is to buy low and sell high, if you need funds and sell higher than what you bought it is a plus and a good business for you but the longer you hold the better profit for you in bull seasons..

[Zoomic]

So, don't sell to them instead, hold patiently and in matter of time depending on your goals and assets values, you could imitate them (whalers) or could even be one in the future.

This last paragraph crowns it all. How patient can we be? Some persons who keep hodling and hodling are not just being strategic, they are just being greedy!

Everyone has their different investment goals which you have stated in the op. Some persons planned to sell their bitcoins at 70k, 80k and even 100k which they have done already. That's their goal which they waited for long to achieve. If they were able to sell at those prices, it doesn't make them weaklings and impatient people, they were only sticking to the plan. I am not talking about those confused investors who do not really have a sense of direction.

Right now some persons are already aiming for 150k. If they exceed that 150k goal, that's greed. They may end up being profitable from being greedy or miss the opportunity to sell at  their targeted price.

[Stablexcoin]

What if I bought at the early stage or at a very cheap price within 10k and bitcoin hits 100k or let's say 90k which it is already in? did I still loss? being rational is also important you can't just underscore every action people take in bitcoin investment.

Holding is very important, yet bitcoin is not just a currency for investment it's also a currency for transaction, if we stop using it for other possible purposes then it's beginning to loss it's core tenants.

Hold the possible yet transactions the possible too.

Of course the goal of investment is to acquire more values so we can reach to a solution or our financial needs.
I don't mean to say we should just keep staking of bitcoin on our wallets even when we have over reached our expectations via duration of investment plans.
I am particularly talking about those investors who sells at the course of market negative news or seeing a realistic price falls out of doubts of good values recovering again without minding if they are loosing or have not reached their expected investment plans.

I have a sense of how much Bitcoin i need to feel successful, Bitcoin is an investment when you buy and hold for long enough, you consider it efficient then sell, you cannot keep talking about investing always, there is a convenient ATH that makes you eligible for the best profits. Every investor has a starting price they initiate inside buying Bitcoin market, at that point selling is okay. Not all buy orders you see are from whales, average earners are also demanding Bitcoin.

[Ruttoshi]

If you sell your bitcoin in order for you to take care of a bad situation, I don't think that you are at lose because when that ugly situation isn't tea ken care of, it can lead to more damages. The problem is when you sell your bitcoin due to panic and the price is below your entry point that you are in loss.

Whether you like it or not weak hands will continue selling and whales will keep on buying be it in the bull market or bear season. This is what keeps the market going. However, hodli should be your priority.

[Saint-loup]

It's a bit conspiratorial, don't you think? Big whales don't need your Bitcoins they can buy large bags at market price trhough OTC trades so don't imagine whales patiently buy all Bitcoins of the market since 15 years now. It's a bit ridiculous IMO, they are just like everyone else they make an investment in order to try to make some profits, so they buy some Bitcoins and they sell them, when they need to do it or when they think it's the best moment

[coolcoinz]

What if I bought at the early stage or at a very cheap price within 10k and bitcoin hits 100k or let's say 90k which it is already in? did I still loss? being rational is also important you can't just underscore every action people take in bitcoin investment.

This is a difficult question to answer without knowing what you will do with the money, but I'd argue that you lost potential profit from holding bitcoin.

Example 1.
You live with your parents, you have a partner who wants to live with you and start a family, you sell your bitcoin and buy a house. In such case you did not lose.

Example 2.
You want to start a business, you have another investment opportunity that could pass you by. Converting bitcoin to a business is not a bad idea.

Example 3.
You see 10x profit and decide to sell, just to have money, be at ease. I'd call that a loss.

[JoyMarsha]

It should be you a lost investment when you sell your Bitcoin at loss price not in a hurry because someone who sold their Bitcoin in a hurry may actually do that because of the gain they see in their Bitcoin investment, before the price of Bitcoin goes from high price to low price. Like the way we saw how Bitcoin went from $100k to $80k within two months. Someone can be in a hurry to sell their Bitcoin to avoid similar scenario occuring to them.

[Natalim]

You lose when you sell at a wrong timing, that only gives an opportunity for the big whales to collect and accumulate more bitcoin as long as there is big chance on it. That’s how obsessed they are when it comes to bitcoin, and their greed push them to become more wealthy in the process. And the fact that they’re capable to keep buying, hodlers should always be cautious when to sell their coins so they won’t fall into feeling of regression in the long run.

[doomloop]

the whalers are always ready to buy your bitcoin anytime and hodls it because the rich always want to stay limited in a cycle of numbers not to see everyone grow rich or equivalent to them so,

I don't think that's true because the whales barely care about you or those at the lower level, they just buy when others are selling so that they can benefit from it, and they can easily do it because they have enough resources to buy any dip and even if the price goes down after their purchases, they would still have enough to buy again and keep doing DCA. On the other hand, someone holding only a specific amount and having no other resources will be compelled to sell when they are getting some profit that they can use. So, apart from those who panic sell, those who sell at a profit aren't doing anything wrong, IMO.

these whalers sometimes intentionally causes market panic with their large holdings strategically just so you can place your bitcoin on sell and they are always ready to buy and get richer

Of course, they do, and it's because they know they are going to benefit from it. It's our responsibility to make sure that we don't get fooled because those having more resources than us will always try to manipulate us to benefit from us. If I was a whale and had enough funds, I would do my best to gain as much profit as possible even if I had to create panic and manipulate the market for it.

[Nwada001]

So, don't sell to them instead, hold patiently and in matter of time depending on your goals and assets values, you could imitate them (whalers) or could even be one in the future.

You don't keep bitcoin forever; you sell them, you rebuy, and you also can't be imitating someone who is not in competition with you and someone whom you are not in the same financial position with.

If we are all holding our bitcoin and we don't transact with them from day one, there is no way that bitcoin could have gotten to where it is today. Money wealth distribution is allowed, and at the end of the day, almost a large number of holders are all in for one thing, which is making profit, so what's the point when you are actually going to sell off one day? And mind you, you can't secure all the profit.

[Churchillvv]

What if I bought at the early stage or at a very cheap price within 10k and bitcoin hits 100k or let's say 90k which it is already in? did I still loss? being rational is also important you can't just underscore every action people take in bitcoin investment.

Holding is very important, yet bitcoin is not just a currency for investment it's also a currency for transaction, if we stop using it for other possible purposes then it's beginning to loss it's core tenants.

Hold the possible yet transactions the possible too.

Of course the goal of investment is to acquire more values so we can reach to a solution or our financial needs.
I don't mean to say we should just keep staking of bitcoin on our wallets even when we have over reached our expectations via duration of investment plans.
I am particularly talking about those investors who sells at the course of market negative news or seeing a realistic price falls out of doubts of good values recovering again without minding if they are loosing or have not reached their expected investment plans.

Perhaps it's rare to see such an investor in this forum although I don't know what others do outside the forum but with the information we can gather here most of the guys here are more of holders but however if we reach an extent that it seems to us that we have seen a maximum or a successful amount in our portfolio then taking profit is much advisable.

What essence will it make for one to keep staking and staking without testing the orange berries, selling a part could be understandable especially when we are of age where it's a goal for retirement.

Investors who sell at negative news are more of traders than investors.

[Jating]

So, don't sell to them instead, hold patiently and in matter of time depending on your goals and assets values, you could imitate them (whalers) or could even be one in the future.

You don't keep bitcoin forever; you sell them, you rebuy, and you also can't be imitating someone who is not in competition with you and someone whom you are not in the same financial position with.

Yeah, I think this is also one good strategy, it doesn't mean that when you sold, you can't rebuy at a lower or higher price. You can reset anytime. Maybe you sold because there is some kind of emergency that you needed funds so don't think twice of dumping your Bitcoin and then rebuy it later.

If we are all holding our bitcoin and we don't transact with them from day one, there is no way that bitcoin could have gotten to where it is today. Money wealth distribution is allowed, and at the end of the day, almost a large number of holders are all in for one thing, which is making profit, so what's the point when you are actually going to sell off one day? And mind you, you can't secure all the profit.

That's Bitcoin's liquidity, and the market is open 24 x 7 and everyone can trade to make profits. That is the beauty of Bitcoin, many are  trading in millions or even billions everyday. You can convert your Bitcoin anytime to cash and won't affect the price itself.

[Youngrebel]

That is the clear difference between the poor and the rich. The poor panics to the slightest market drops and quickly sells off, with his reason been that he avoids loosing to further drops in price. But the rich in any form of business finds it all joy and also an opportunity to gather more as it will be out available in great quantity to buy as much as they wish to. An avenue not just to buy to look for other means to even gain more from the price drop.
The rich have a brave mind of having a better market soonest while the poor are only concerned about the current market situation which affects them presently and only thinks of how to get it out of their hands before it drops any further.