Chances to buy Bitcoin back

[RaraAvis]

thank you.
so are you saying that there is a possibility of not being able to buy it back?

There is always an opportunity to buy back at any time you please. But the question is, will Bitcoin decline to the price you have in mind to buy back? If you trust it will and you have already made some good profits from your Bitcoin investment, you can go ahead to sell your Bitcoin without giving anyone an explanation or permission for that.

We are all investing in Bitcoin on our own accord and at our own risk, with target price in mind. Any future profits or losses are on each other's heads. Do what you feel is okay for you. If you feel like selling now, sell. If you want to postpone selling now, fine and good. But don't blame anyone for whatever decision you take. The decision is all yours.

of course, it is and thank you for your expressing your view of this situation

all I wanted to know is whether Bitcoin will still be available if I sell it - there is no need to moralise on the subject - I am not saying that to you but to everyone else )

[RaraAvis]

I won’t agree with the type of mindset you have because you are only compromising your future profits with bitcoin. The fact that none of us knows when will bitcoin drop its price, or maybe this time bitcoin price will skyrocket and reach another peak price, so that makes you selling at a loss then. You will lose those excellent profits you will gain later on.

However, the final decision is still within you. Just think of it a thousand times before you proceed to an action that may end up a source of regret in the future.

thank you - you are quite right. that reminded me selling XRP or Kaspa just before the pump... but sometimes one just can't wait anymore, honestly, it's like you wait for months and months - then you had enough - you sell and they start pumping  

[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.

[mr.mister]

I won't give you advice, however I will mention two things. 1) Dollar cost average is the most sensible way to invest in bitcoin. If you are not familiar with it, look it up, you will find plenty of information on it and 2) Time in the market > (is greater than)  timing the market. Make what you will of those two things.

[sheenshane]

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

If this is Bitcoin, then you are making the right decision.
You feel bored because you keep watching the market sentiment, the more you watch it, the more it will tempt you to sell your holdings.
Seeing the market correction will make you panic, which possibly selling your Bitcoin at an early stage or while it is in a correction.

The DCA method is the best option if you want to invest in Bitcoin.
As you have mentioned in the OP, that you are selling and buying again is not a good idea.

[boyptc]

If you already have a plan to sell, you should have done that when it was $123k or above $120k.

But I guess that I don't think you already have something to hold on to and so, if you're thinking of buying now. At what price you think you'll think of selling it anyway?

It's going to be a difficult decision for you and that's why you're hesitating because these are the harder times when you don't if it will be back to the peak soon or it will start to drop.

Why not just hold it if you know that BlackRock and the rest are also holding long term?

no, I hold BTC and I've seen many 15% and 30% corrections before of which I never took advantage
so I thought to sell to buy back in the next 15% correction. because if I can buy it back - then why not do that? tell me 1 reason?

I have also planned this before.

But I am unsure of how the markets would go. Well, you're free to do this.

With you can leverage your position for buying at a quite lower price and then selling them when it's a bit high.

15% isn't bad. That's a lot considering that you've seen many corrections already and I think it's a timing that if it's the peak that we have for this cycle, corrections will definitely too deep like what we've seen when it's down by under $80k.

[RaraAvis]

I won't give you advice, however I will mention two things. 1) Dollar cost average is the most sensible way to invest in bitcoin. If you are not familiar with it, look it up, you will find plenty of information on it and 2) Time in the market > (is greater than)  timing the market. Make what you will of those two things.

thank you

[peter0425]

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

There’s a lot of different opinions when it comes to bitcoin. But I don’t think bitcoin will never decline ever again. I am not saying it will crash down to a point where it’s so inexpensive because there will always be people wanting to buy if bitcoin drops but it will never be all rise. It will correct itself sometimes and it’ll give you an opportunity to buy again.

[PX-Z]

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?

That's a difficult decision to be made, and take courage to do that. Btc price now is at its peak at least few thousands from its new ATH 120k, i will keep holding until a huge drop before buying if that's me. But one thing i can only suggest, if you keep holding it for longe term, at least 2 years, i would definitely buy for good.

[SmartGold01]

Since you are watching the market declining why not double your portfolio by accumulating bitcoin gradually through DCA strategies, this would help boost you and prepare you for the major event of bitcoin soaring again, if you watch now people do no longer stay without accumulation of enough bitcoin and this same people are the people who controls the market so that newbie trader or armature will dump so quickly and if they notice the variation or percentage of changes in price they may decides to double it again while they sets another trap for newer people. Except they may also decides to hold it for several years without being so much in haste to sell when the market dip  you would see that there is something different there.

[EFS]

A lot of people have made this mistake. You buy Bitcoin because it's going down, then you expect it to drop even more. But what if this is the bottom and Bitcoin goes back up? Then you'll panic, buy again at a higher price and end up with a loss. You'll have less Bitcoin. Then when Bitcoin drops again, you'll panic sell thinking you'll buy back lower. And when it goes up again, you'll panic buy again because you feel like you're missing out (FOMO).

You're not the first person to go through this. Many people lose money this way by trying to do short-term trades. I don't have any specific advice for you, but if you don't know how to trade, don't get into it. Know what you're doing before you act.

[kawetsriyanto]

With every increase, there's bound to be a correction. Currently, Bitcoin's daily rate is around $116,000-$119,000. So, do you want to do it short-term, daily, or something else? But the bottom line is, everything has its own risks. If you want to trade Bitcoin short-term, you can also take advantage of its ups and downs.

And in my opinion, stick to the spot market, don't play the futures market with leverage. So, even if the price doesn't match your expectations, you can still hold your Bitcoin until it rises again. But make sure you do your own research; everyone's strategy may be different. So, there's no one-size-fits-all financial advice.

[Zigabel]

Selling to buy back isn't a bad idea, and whenever you want to buy back there will be bitcoin to buy back and not as if the bitcoin is going to exhausted such that you will not see again to buy back, that is why there are exchanges out there who will always have Bitcoin to sell to you if you want to buy but if you must follow up with this strategy,  be sure to keep tabs with the chart so you see the buy back opportunity and buy.

This isn't  a financial advice though but make sure to do that which you find okay enough to do and avoid FOMO so you do not make wrong decisions because you are agitated or under pressure to meet up with price as it moves.

[Sanitough]

The market will always be influenced by market news and hypes, so expect that there will always be price corrections every now and then. But the problem is, no one knows when it’s going to happen. What we have are just predictions and speculations on this volatile and unpredictable market.

Now, if you have been profiting already and is planning to sell off your coins to buy more coins when the price turns cheap, then go on. I believe you know your decision well. But if I were you, since we are here for long term investment and expect for huge returns one day, then I’ll just continue hodling regardless of its current price. Although you can take time in selling a portion of your bitcoin to gain profits, but never decide to sell off your coins. You are already riding the trend with bitcoin, don’t go down and start all over again.

[Solokan]

Many people are certainly sharing your thoughts. Considering the BTC price has reached a new all-time high of $123,000, it's bound to cause a slight correction. Many people are looking to profit from investing in BTC, especially those who regularly trade or invest in short-term assets.

In my opinion, this depends on you personally. The decision is yours. If you sell BTC, there are two factors: first, you can sell your BTC and buy it back when the price is lower. This will be very profitable for you, as your BTC holdings will increase. Second, after you sell your BTC, there's a chance it will rise again, which will ultimately lead to regret and you won't be able to buy BTC at a lower price.

In my opinion, everything carries risks, and you should choose the one you prefer and do further research.

[tbct_mt2]

Many people are certainly sharing your thoughts. Considering the BTC price has reached a new all-time high of $123,000, it's bound to cause a slight correction. Many people are looking to profit from investing in BTC, especially those who regularly trade or invest in short-term assets.

In my opinion, this depends on you personally. The decision is yours. If you sell BTC, there are two factors: first, you can sell your BTC and buy it back when the price is lower. This will be very profitable for you, as your BTC holdings will increase. Second, after you sell your BTC, there's a chance it will rise again, which will ultimately lead to regret and you won't be able to buy BTC at a lower price.

In my opinion, everything carries risks, and you should choose the one you prefer and do further research.

Waiting and buying dips is always good to get both short term and long term profit. You can do it as a trader (for short term profit) or an investor (for long term profit) in a same market.

The bull run continues but we can not time the market and say when it will finish the bull run in this market cycle. This means, in another word, we can not know the ultimate ATH in this market cycle, but I know that if Bitcoin dips, and if we buy dips, we can have profit with market bounces.

If you look for long term profit, buying dips is a good accumulation strategy and in order to do it better, I introduce this topic.
The Bitcoin Crash of 2021 Compared to Past Sell-Offs.

[Darker45]

I'm not saying do what I'm doing, but I'm not selling, especially not during a correction, even a "short term draw back". If I have to sell, I do that during an ATH. Whether that proves wrong or right in the end, there won't be any regrets as I'm selling when Bitcoin is at its ATH. I actually had to sell when Bitcoin hit an ATH of around $72,000 last year. That may sound a wrong decision, but I had to. At least, I wasn't forced to sell during a dip. That would be worse.

Overall, I'm a hodler, so I won't advise you to try to time the market--selling at a correction, setting a target buy-back price, and so on. That's a great recipe for disappointment. That's how many Bitcoin owners incurred losses.

[traderethereum]

How if Bitcoin is not down deep? Do you want to buy Bitcoin? You don't have to sell to buy back but keep buying Bitcoin will be good for you.

If your target is long term, you should just buy and hodl and no need to worry with anything. The correction will be besides Bitcoin and that will always happen. The thing is you have a chance to buy back and hodl.

If you use DCA method, you will not sell in the near because you want to use Bitcoin as a long term investment. Still holding Bitcoin will be the best.

[reagansimms]

What do you think about Bitcoin? If you want to sell it to take a small profit after a short term correction, what if you miss the opportunity because you don't have time to monitor the market or the price actually increases?
Bitcoin is always available in the market because the market activity is always active 24 hours a day, you can buy at any time at any price as long as you want. If you are still in doubt, it is better to save your assets for the long term, then you can accumulate the amount periodically by using the DCA strategy or any strategy you master. Remember, there is always a cause and effect behind a hasty decision, so before you regret it, you should reconsider the steps you want to take.

[mr.mister]

For those who talk about corrections and mention history, BTC is much more mature than it used to be. You might see corrections, but unlikely like in the past. I doubt it will go below 100k ever again, honestly. We are seeing some of the last moments to buy it cheap.