Chances to buy Bitcoin back

[YOSHIE]

Chances to buy Bitcoin back

In my assessment, for now the crypto market is not stable what else to Bitcoin, although currently it looks red but it does not mean that it can all be bought, Especially if investment on a small scale, except for the adoption of bitcoin on a large scale may be suitable, but the small scale of time is not right.

Wait for the time to completely go down below $ 90k for the best chance to take into account to buy, about Michael Saylor and others, Of course they are adopted in large quantities, $ 1 profit in per 1/BTC at 100btc times they have been big profits, not for those 0,0005BTC users are far from roasted.

Yes, OP if you want to buy 100BTC, of course the right time for you right now.

[BABY SHOES]

Sounds like someone has decided on what they want to do, and they are looking for financial advice to give them that one final push. Your coins, your BTC's, if you want to sell it and buy it back or whichever strategy you decide is up to you.

However, as regards my own portfolio, i am not selling anything right now, if anything i would accumulate more. The problem with people who want to sell and buy back, is that you could sell right now and BTC starts pumping and you may have to wait for the next bear season to buy.

There are no advisors here, only a lot of advice that has been given... the decision is up to you whether to sell or keep HODLing. The choice is up to the individual.

Yup, that's how it's done now... we are still holding on and will not sell bitcoin now that it is still high. We still believe that bitcoin will break through to $150K, so we will continue to hold and accumulate until it reaches a high value.

If you sell and the price goes up... you might end up regretting it, because buying at a high price might make you start doubting again.

[Jaksonhard]

I don't understand you are selling Bitcoin and buying Bitcoin again.?? I don't have a good idea about this but if you want you can buy Bitcoin by selling your other currency Altcoin but I am not sure if you are going to sell Bitcoin and buy that Bitcoin again is it true.

At present I always like investing in Bitcoin very much. Investing in Altcoin is very risky so I would suggest selling Altcoin and investing in Bitcoin.

[john_egbert]

I don't understand you are selling Bitcoin and buying Bitcoin again.?? I don't have a good idea about this but if you want you can buy Bitcoin by selling your other currency Altcoin but I am not sure if you are going to sell Bitcoin and buy that Bitcoin again is it true.

At present I always like investing in Bitcoin very much. Investing in Altcoin is very risky so I would suggest selling Altcoin and investing in Bitcoin.

OP probably wants to sell and buy at a lower price - however, to buy BTC, price is irrelevant if you intend to hodl properly.

[Ivystar5]

Selling now to buy back is the terms used mostly by guys who end up not having any.
Bitcoin is good to be held for a long term especially within a cycle or more. but however for a trader mindset you might want to go short or long depending on your perception of the market but in your terms opportunities might be lesser as big players are grabbing more bitcoin, yes they are but we have tons of bitcoin unloaded every now and then from trading platforms or exchanges so there is always chance to buy back but the chance that might be lost is to buy at a certain price as we don't know the next minute of bitcoin so we don't with the pricing.

Bitcoin is unpredictable and anytime is the best to invest, because if you think you will let bitcoin drop before buying it you are just wasting your time on it. Selling your bitcoin and buy later is not advisable except you are in a huge profit and you can sold that one out. But buy Selling your bitcoin he will be very hard for you to be profitable, you need to spend many years again before you can get profit because normally bitcoin investment is always a long term purpose, we can sell some and leave the rest, we should not be selling all of our bitcoin if not you have a emergency that we lead you to sell it all, and solve your problem.

You seem to be beating around the bush with your words here but however i will do you the favour to make things more clearer to you that, what I said about is that wanting to sell bitcoin in any season and planing to buy back is always a road to regret in terms of failure to buy back, opportunity might be there to buy and resell to buy back but always unforeseen circumstances are big barriers to achieve this intentions. Hence it's better to buy bitcoin in small quantities and not force yourself to buy all at once and then seel to buy back, it's called DCA.

[Smartvirus]

I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction?

Buying back is usually an easily conceived idea which is hardly done. This usually comes due to investors not having enough funds to continuously buy more try to increase their hodlings by leveraging on Bitcoin’s volatility.
While this might work as a strategy, it’s usually left for those who understands chart analysis and can very well predict the market. This is very difficult to archive and that’s the more reason why you shouldn’t sell. Chances is that, you might sell while expecting the market to dump and when it doesn’t, it wouldn’t feel so right with you to buy in at a higher price.

[Issa56]

Hi all

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.

Are you a holder or a trader, if you are a holder, I don’t believe you are even suppose to have the mentality of selling now and buying back later. If you are planning to hold bitcoin, then you should always have it in mind that you going to be holding bitcoin for a long period of time, so I don’t just think the current price movement in the market should even make you think about selling your bitcoin, it doesn’t make any sense to me.

Bitcoin price hit $123k and currently we are in $118k, I don’t  see much difference that will make you rush to sell, then you will buy back later, what if bitcoin starts pump back after selling your own, how are you going to buy it back? We all know bitcoin price is unpredictable, and bitcoin price can go to any direction at any moment. If I will advise you, then I will just tell you to overlook the bitcoin in your wallet, don’t be pushed by the current changes in the market, since you are planning to hold, then just keep on holding, you don’t have to sell.

[madnessteat]

It's not a bad idea strategy if you have a big stash and trading as a hodler as the small gains make a big difference,  it even gets better if you are leverage trading which will give you profits either markets go up or down...

But for a small account,  you might trap yourself and buy expensive bitcoins..and besides today people talk about DCAing and selling shouldn't be the idea  

BTC to the moon

Very often, due to the desire to make short-term profits, long-term cryptocurrency holders become hostages to their own desires. They sell assets that they originally wanted to hold for a long time in the hope of buying them back cheaper when prices fall. This can lead to the cryptocurrency market continuing to grow, and instead of having assets that generate profits, they are forced to hold stablecoins, which do not allow them to earn as much profit as volatile assets. In my opinion, the desire for short-term profits and changing one's strategy very often has a negative effect.

[Sticky Bomb]

Not the right time to sell right now, this looks like just a minor correction. Bitcoin will likely rise again and might even break its current ATH. If you’re not a day trader, don’t focus too much on the short term. Think long term.

Just my advice.. when Bitcoin is in a bullish phase, it’s not the time to sell unless you’ve already hit your profit target. As for me, I’m holding until the end of the year. I’ve got a feeling the market will stay bullish. Best time to sell is when the bear market starts showing signs, not now.

I've opened a spot margin position now Doge/USDT - talking about day trading...

It is fine if you practice trading too, but be sure you're not going to be selling your BTC in order to divert the funds into trading, that's going from a lesser risk to a much higher risk as the funds might be drained by trading or your portfolio reduced by a reasonable and regrettable percentage.

Just to buy and just to hold seems sensible but too boring...

Sure the right thing seems boring sometimes, but it doesn't change the fact that it is the best thing to be done. I must mention that it seems boring because you're not constantly increasing your portfolio periodically, maybe you should try out DCA and that should be enough engagement for you.

[pawanjain]

Hi all

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

Let me tell you my experience. I have been a holder for most of my crypto journey and didn't prefer to sell in the last 2 bull cycles.
I thought of taking profits and then buying back at lower price so that I get to accumulate more bitcoin in this bull cycle.
I tried that and miserably failed because my entry and exit points turned out against me. I tried it 3-4 times in this bull cycle but failed every time.

This decreased my portfolio significantly and I feel terrible for that but this doesn't mean you will suffer the same but surely yeah it is one of the possibilities.
I feel it would have been so much better if I would have just preferred to hold instead of looking at those extra profits.
So unless and until you are really damn sure of the trades you want to attempt, I would suggest to avoid it.

[Mpamaegbu]

I don't understand you are selling Bitcoin and buying Bitcoin again.?? I don't have a good idea about this but if you want you can buy Bitcoin by selling your other currency Altcoin but I am not sure if you are going to sell Bitcoin and buy that Bitcoin again is it true.

Buying back Bitcoin or any other crypto isn't a new thing. Investors do it all the time, through DCA or one time buy. The only issue that may come up is not knowing when to buy back and be profitable. Sometimes one might sell off but can't find a suitable level to buy back. Price would've gone pass the level they sold. That surely hurts. It takes someone who is deep in Technical Analysis (TA) to be able to get a near perfect entry. I said near perfect entry because we don't get to know what level is best to enter the market except on hindsight. Since you said you didn't have "a good idea" about it, it's best to stay off it for your own peace of mind.

[kotajikikox]

It's not a bad idea strategy if you have a big stash and trading as a hodler as the small gains make a big difference,  it even gets better if you are leverage trading which will give you profits either markets go up or down...

But for a small account,  you might trap yourself and buy expensive bitcoins..and besides today people talk about DCAing and selling shouldn't be the idea  

BTC to the moon

Very often, due to the desire to make short-term profits, long-term cryptocurrency holders become hostages to their own desires. They sell assets that they originally wanted to hold for a long time in the hope of buying them back cheaper when prices fall. This can lead to the cryptocurrency market continuing to grow, and instead of having assets that generate profits, they are forced to hold stablecoins, which do not allow them to earn as much profit as volatile assets. In my opinion, the desire for short-term profits and changing one's strategy very often has a negative effect.

Yes, it’s regrettable when for example you sold your money immediately when bitcoin hit $100k but now you will see bitcoin hitting $120k or more you will definitely get FOMO and think of buying again but hold on to that urge and just wait for bitcoin to correct. It will correct and then you can buy.

[Natalim]

In my honest opinion, there’s no wrong if you sell your bitcoin and just buy back when the price turns cheaper, but do not regret if ever bitcoin price ends up skyrocketing after selling your bitcoin. This is always possible for bitcoin knowing how volatile it is and how unpredictable the market is.

You will reap the outcome of your decision, so think of it multiple times. But whether you decide to continue selling or not, just prepare with the bitcoin’s price uncertainty. One day it will move up, the next day it will drop again, or its vice versa.

[GigaBit]

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...

Many people are speculating that the price of Bitcoin may fall, but there is no guarantee of this. Bitcoin will fall or rise, but it is not known when it will happen, which is why it is possible to achieve something good from Bitcoin for those who only take the decision to hold Bitcoin. If someone starts selling Bitcoin now, if the price does not fall and increases further, then it is a loss for the person who sold it. Again, if the price of Bitcoin falls, but after a slight decrease, it becomes so bullish that it is beyond the ability of the person who will buy it, then it is still a loss. Therefore, it is necessary to understand very well when taking any decision.

[AGogi2003]

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...

Many people are speculating that the price of Bitcoin may fall, but there is no guarantee of this. Bitcoin will fall or rise, but it is not known when it will happen, which is why it is possible to achieve something good from Bitcoin for those who only take the decision to hold Bitcoin. If someone starts selling Bitcoin now, if the price does not fall and increases further, then it is a loss for the person who sold it. Again, if the price of Bitcoin falls, but after a slight decrease, it becomes so bullish that it is beyond the ability of the person who will buy it, then it is still a loss. Therefore, it is necessary to understand very well when taking any decision.

Bitcoin will always be unpredictable that is why we should always think wisely before taking any decision. Selling now or buying now will not change is volatile so just put in mind that anytime I invested on bitcoin, I need to reach my target first before selling my coin to enjoy the benefits. I just know that anytime I have money I will invest because I  don't think they have specific day or month that you will invest in bitcoin, just used DCA to minimize your risk.

Anytime you invest just keep it in mind that is for long term you will always make profit because the market is always unpredictable and you will surely profitable when the Market turn around. So I don't usually scared of losing because I get the believe that the more in decrease he will surely raise better. Is only people that risk the money they shouldn't have used for investment that will be scared and rush to sold there coin. What some people don't really understand is that even you sold your bitcoin now, how can you know when to buy to be profitable no guarantee. so we should invest when we have money and wait thing we achieve our target we can sold the profits and continue the journey.

[Mehmet69]

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...

Many people are speculating that the price of Bitcoin may fall, but there is no guarantee of this. Bitcoin will fall or rise, but it is not known when it will happen, which is why it is possible to achieve something good from Bitcoin for those who only take the decision to hold Bitcoin. If someone starts selling Bitcoin now, if the price does not fall and increases further, then it is a loss for the person who sold it. Again, if the price of Bitcoin falls, but after a slight decrease, it becomes so bullish that it is beyond the ability of the person who will buy it, then it is still a loss. Therefore, it is necessary to understand very well when taking any decision.

Of course, I agree with you. The op himself said that whale investors are currently heavily invested in Bitcoin. So, if we sell all our holdings in such a situation, I think it would be a big mistake. Yes, the price of Bitcoin is very high now. The amount of profit depends on how long we have held it.

But since we are all more or less long-term investors, selling all BTC will never be the right decision for us. I think if we do not need it very much, we should never decide to sell BTC. Because in the future, we can see that the probability of BTC price increasing is 90%. In such a situation, if you sell your entire holdings, it may take you 2 times longer to build that portfolio again.

So I think we should never sell our entire holdings. No matter how low or high the price is.

[tread93]

Hi all

Looks like a short term draw back is in order for BTC.
I am thinking of selling to then buy back.
I am reluctant to do that, to be honest, before asking knowledgeable people about whether there still be Bitcoin waiting to be bought by me in next correction? I mean BTC availability due to its growing scarcity.
(Considering the volumes in which Black Rock, Michael Saylor and other big players are gobbling down BTC...)

Your thoughts please

I think a lot of folks have this mentality that when they sell it they will be able to buy back the same amount as they sold it for, but there is no telling what can happen. Just gotta be your luck at that point and hopefully its favoring you! Scarcity is growing and the amount of bitcoin that is being gobbled up by these Bitcoin Banks or Treasury companies as we are calling them now seem to be popping up like hot cakes every other day its hard to keep track of whats going on even. Soon it will be hard to aquire though and you might actually begin to have some trouble, the day there is a real supply shock price should sky rocket I would imagine.

[Antotena]

I don't understand you are selling Bitcoin and buying Bitcoin again.?? I don't have a good idea about this but if you want you can buy Bitcoin by selling your other currency Altcoin but I am not sure if you are going to sell Bitcoin and buy that Bitcoin again is it true.

At present I always like investing in Bitcoin very much. Investing in Altcoin is very risky so I would suggest selling Altcoin and investing in Bitcoin.

There is absolutely nothing wrong if you sell at the top and sell when there is a drawback. I know people that have been doing with some fraction of Bitcoin and they have accumulated an integer worth of Bitcoin since they started and at the same time, there is now people that has lost good amount money from this, it's all about how you are good with the technique but I can tell you for free, it's working very well and funny thing such people don't even do DCA.

Though, if you are not good or versatile with market, the best you can do is to do DCA, people that engage with this technique are people that understand the market. Forget about this Micros pull back and there news, what you are seeing now might not be what is happening in real sense, you don't know exactly when they are going move he market neither you don't know when things are going to comes down. It's better you keep buying at every opportunity and hold as long as you want.

[NotATether]

Do not "wait" until the next dip arrives in order to mass-but Bitcoin. We cannot estimate troughs reliably on the chart.

It is much better for you to DCA your purchases over a length of time that you want to buy Bitcoin for.

[danadc]

So I think we should never sell our entire holdings. No matter how low or high the price is.

That's quite correct, There have been selling opportunities in the market, and those who did so and took advantage of the moves are doing very well. For example:

If they sold at a price of $120,000 to $122,000 with staggered sales, they made a profit, If they bought back at $116K with the same profit, they probably bought back very well that's a smart move because they sold high and bought low, didn't sell off all their BTC and probably have more BTC.