Chances to buy Bitcoin back

[Furious 7]

Although such things are still done for some people but for those beginners I recommend not to do so.
Not that I want to prevent you from growing up your portfolio quickly but things like this can actually have a much bigger impact in terms of losses when you do it especially if things like this are just following other people's advice.

We certainly realize of course to be in bitcoin long-term investment is better but indeed the goal you want to achieve is actually more directed towards trading and you know doing this is not just based on instinct alone.
Even though it looks good but it could be possible that it will have a bad impact too, especially when you sell but the price of bitcoin actually shoots up which results in you not being able to get back the bitcoin you have sold. I think it's better to focus on the long term by making regular purchases rather than buying and selling like that.

[Zanab247]

Sell BTC and buy BTC back is a good idea but it will not make you to earn massive profits like those that is accumulating BTC weekly or monthly to hodl for long years before they can sell. And some of the long time hodler like to sell when there is a strong bull run.

If you are willing to buy BTC, I don't think you will be waiting for the dip before you can buy BTC from the market, because sometimes you will be waiting for the dip to come for you to buy than to see the price pumping to make you confuse not know what to do either to buy in the high price or continue waiting for dip market to come.

[Pandorak]

Although such things are still done for some people but for those beginners I recommend not to do so.
Not that I want to prevent you from growing up your portfolio quickly but things like this can actually have a much bigger impact in terms of losses when you do it especially if things like this are just following other people's advice.

We certainly realize of course to be in bitcoin long-term investment is better but indeed the goal you want to achieve is actually more directed towards trading and you know doing this is not just based on instinct alone.
Even though it looks good but it could be possible that it will have a bad impact too, especially when you sell but the price of bitcoin actually shoots up which results in you not being able to get back the bitcoin you have sold. I think it's better to focus on the long term by making regular purchases rather than buying and selling like that.

Basically what @OP is doing is the mindset of a trader or speculator, buying Bitcoin when it drops and then selling it back when the price increases, looking for profit with the price difference, honestly there is nothing wrong with this, it's just that this strategy has a higher risk than investors.

Exactly as you said, trading is not recommended for a beginner who is new to investing, because it is certain that they will come out with accumulated losses, perhaps traumatized by investing. So, it is highly recommended to buy for long-term goals, buy gradually with the DCA method, if you want to have more Bitcoin, increase income in real life to accumulate more Bitcoin and focus on the future not the present.

[Onyeeze]

If you wants to sell your bitcoin make sure you sell your bitcoin above what you purchase the bitcoin, I know very well that buying of bitcoin is very necessary but selling have to be with a target so that you will not be at lost, assuming you wanted to sell you would have sold it when bitcoin was approaching 123k not now that price has drops, but for me you rather hold your bitcoin knowing that the price can fall at any time, so we need to understand the point that bitcoin price is something that fluctuate and don't expect to sell now and expect to fall again by tomorrow

[Rabata]

Investing in Bitcoin, opportunities do not always come. So those who wait for opportunities may sometimes get a great opportunity to buy Bitcoin, but it is not known when that opportunity will come, but when it comes, it is wise to take it immediately. We know of many such cases where a good buying opportunity came, some were able to take advantage of that opportunity and some were lost.

Every bull market is preceded by a bear market. At that time, many panicked and sold Bitcoin, while some took advantage of that opportunity. During the Covid-19 pandemic in 2020, when the price of Bitcoin reached a very low point, many people benefited by buying Bitcoin. Because the highest price of Bitcoin rose at that time in 2021. Again, when the decline started in 2022, it became bullish again at the end of 2024. Those who invested at that time have also benefited a lot today. Bitcoin may dip occasionally, but one should understand that and take advantage of the opportunity immediately. Those who cannot take risks cannot profit.

[Powerjumboo]

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

Bitcoin is now more on the pumping side than dumping. We have been seeing for several days that Bitcoin has created a strong zone between $115,000 and $119,000 from where Bitcoin is neither rising nor falling. Many people may be analyzing this situation in many ways, some say that Bitcoin will be dumped a lot, while others say that Bitcoin will be pumped and will go from $135,000 to $150,000. However, in this uncertainty, it is difficult to say which direction Bitcoin will go, but considering the market situation, Bitcoin will go up. However, if you wait to buy at a lower price, it may be foolish for you. And especially those who are investing at the moment are not worried about their investment at all, they are waiting to make their Bitcoin investment more successful.

[Publictalk792]

Investing in Bitcoin, opportunities do not always come. So those who wait for opportunities may sometimes get a great opportunity to buy Bitcoin, but it is not known when that opportunity will come, but when it comes, it is wise to take it immediately. We know of many such cases where a good buying opportunity came, some were able to take advantage of that opportunity and some were lost.

Every bull market is preceded by a bear market. At that time, many panicked and sold Bitcoin, while some took advantage of that opportunity. During the Covid-19 pandemic in 2020, when the price of Bitcoin reached a very low point, many people benefited by buying Bitcoin. Because the highest price of Bitcoin rose at that time in 2021. Again, when the decline started in 2022, it became bullish again at the end of 2024. Those who invested at that time have also benefited a lot today. Bitcoin may dip occasionally, but one should understand that and take advantage of the opportunity immediately. Those who cannot take risks cannot profit.

It is hard to get timing just right but buying when prices are low can lead to big profits. Good chances to buy mostly during market slumps do not happen mostly. Important thing is to be patient and when those rare opportunities appear you need to act fast. Like you gave example people who bought Bitcoin during COVID-19 crash in 2020 or downturn in 2022 made much of money when prices went back up. This shows that taking smart risks is connected to making money. If you are too scared to buy when others are selling you will likely miss out on best gains. It is all about understanding how market moves and being brave enough to buy when others are scared.

[Bitcoin_people]

If you plan to sell now and buy again then it may not be good for you. If you are doing short term investment then it may be good for you if you sell now and plan to buy later when the market falls then it will be a short term plan. However if you believe in Bitcoin and plan to hold it for a long time then you seem to get more returns. We have seen most of the predictions where the price of Bitcoin is likely to enter higher highs this year so if you sell now then the market of Bitcoin may not fall later. So I would say if you do not sell then hold it patiently and sell when the market enters higher highs then it may be best for you.

[Doan9269]

It is obvious that we cannot rewind the time back, that is why we have to be careful of not missing out for any reason on what we should have done a long time ago, this is what some people are always happy to see when they discover about the way they are being reflected on how they are investing or the opportunities they already missed in time past, but the other aspects of it is the way we can choose or decide to meet up, this could be by investing and taking out time to hold for a time being and be profitable in what we have invested, that is why some will also say that the past is gone, but we can always prevent the future from same occurrence.

[dezoel]

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.

Wish they can see the vision. Making money by holding is the best way to move and not a lot of people do that, if they are not careful then we can be very risky by looking at just the short term. That is specially bad when you think of how short term doesn't really end up with anything different for the long term, so it is not really reasonable to expect the same results for these. If you do that, then you will only make short term income, but that's bad.

Even when it's high up, then it would not be smart decision, just keep holding because even if it goes down, then it will go up eventually again and even higher. So, if you sold at 65k at peak last time, you would profit then, but now it is 120k so nearly twice the profit would be lost.

[Y3shot]

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

If you have already hodled enough and some amount of profit has been made, and you want to sell due to life challenges, there is nothing wrong with selling because the essence of selling is to make something good out of life. However, if there are no life-challenging problems you need to solve with money and you haven't hodled enough, I think it would be better if you hodled more to make a good profit from your hodling. But you can decide what is best for you because your life and challenges are different from those of everyone else.

Bitcoin is always available to invest in, but it is better to be consistent and accumulate more bitcoin than to sell and take a break. The more consistent you are in accumulating and hodling bitcoin, the better profit you will make in the future.

[Distinctin]

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.

If the sole reason of selling is just to buy back bitcoin at its cheaper price and maximize the purchase, it will only work if you don’t have short term plans of selling your bitcoin. But if you expect to gain massive amount of profits after buying back bitcoin, you are very wrong there.

The market is highly unpredictable, as well as the movement of bitcoin, thus affecting its price. So you can’t tell that after buying bitcoin, the price will immediately rise up, that is not how bitcoin works. No one can predict accurately what will be the future price of bitcoin, and worst is the more you anticipate bitcoin to surge high, the more price correction appears in the market.

[xzone]

It's very difficult to buy back after selling. If you sell now, you'll see the price rise slightly in a few days. When you decide to buy, the price will start to fall again, and as a result, you'll be the one losing money.
If you're considering selling now, I recommend not monitoring the price of Bitcoin for too long. You'll find that it rises after you sell, and you won't make a profit.
You can buy it back again in a few months, or even a year or two, and you could make a substantial profit doing so

Timing the market is very difficult and usually by wrong timing, we sold not at peaks but later witnessed higher highs. In early days after selling, we hesitated to buy back after price rises a bit but after waiting for some long time and wtmitnessing price soars a lot, we can not stay outside and decide to rejoin the market.

It is when we stuck around peaks and later repeat a classic mistake, buy high with FOMO and sell low with panic.

Buying back but at higher prices than where we sold is not worst, the worst is later we panic sell at lower price and surely with loss.

You're not losing money unless you sell something. What a huge mistake we make as cryptocurrency users. We could have made millions if we hadn't sold, but we're losing so much because of FOMO or panicked trading. If we could do that, we'd be living very different lives in very different places.
Sometimes selling is the right thing to do, especially when we're investing in shitcoins. But making the right choice is really difficult

[Stalker22]

~
Sometimes selling is the right thing to do, especially when we're investing in shitcoins. But making the right choice is really difficult

Sometimes selling is the right thing to do when you can put that money into something with better future returns. With shitcoins, thats almost never the case.  But yeah, making the right call is usually very difficult.

[Ziskinberg]

This is the strategy of some traders, once they have achieved their target profits, they eventually sell their coins and enjoy huge profits, and just buy back again when bitcoin price has dropped so low, that way they can make a lot of bitcoin purchase so they can grow again their bitcoin portfolio. Although it works for them, but for some it’s not.

Personally, that kind of strategy could be quite risky, especially that you don’t know when bitcoin price will drop again. I prefer to do DCA instead and calmly increase my bitcoin portfolio, while others are panicking in buying so they can still ride if ever bitcoin price reaches its new ATH.

[₿itcoin]

This is the strategy of some traders, once they have achieved their target profits, they eventually sell their coins and enjoy huge profits, and just buy back again when bitcoin price has dropped so low, that way they can make a lot of bitcoin purchase so they can grow again their bitcoin portfolio. Although it works for them, but for some it’s not.

Personally, that kind of strategy could be quite risky, especially that you don’t know when bitcoin price will drop again. I prefer to do DCA instead and calmly increase my bitcoin portfolio, while others are panicking in buying so they can still ride if ever bitcoin price reaches its new ATH.

I'm all in on Bitcoin for the long haul, why offer to sell just to buy back at ambiguous dips? HODLing has previously produced large profits when kept in at least 1 cycle, ranging from $20 K to 100K rallies. Flipside timing tactics that frequently go wrong or bring up more fees and distress. Short term trading may sound attractive with its small profits however the majority of day traders lose their money, lol. Everyone know Bitcoin is volatile, but volatility also comes with opportunity. If you choose the long path to Bitcoin success, hodling tight through dips is the strategy to go with, not running after each dip and peak.

[Rustam Meraj]

This is the strategy of some traders, once they have achieved their target profits, they eventually sell their coins and enjoy huge profits, and just buy back again when bitcoin price has dropped so low, that way they can make a lot of bitcoin purchase so they can grow again their bitcoin portfolio. Although it works for them, but for some it’s not.

Personally, that kind of strategy could be quite risky, especially that you don’t know when bitcoin price will drop again. I prefer to do DCA instead and calmly increase my bitcoin portfolio, while others are panicking in buying so they can still ride if ever bitcoin price reaches its new ATH.

Yes some traders try to sell when price is high and buy back when it is very low to make big profits but this is risky because it is hard to guess exactly when prices will go up or down. Dollar Cost Averaging is safer for long erm investors. Almost everyone knows DCA means invest set amount regularly which helps out in price changes and it will calmly build our Bitcoin without panicking about sudden price swings. But both have pros and cons DCA is generally more consistent way to invest in Bitcoin.

[melinoe]

~
Sometimes selling is the right thing to do, especially when we're investing in shitcoins. But making the right choice is really difficult

Sometimes selling is the right thing to do when you can put that money into something with better future returns. With shitcoins, thats almost never the case.  But yeah, making the right call is usually very difficult.

The right choice is BTC.

Always.

To buy and to sell when you want to, depending on the target put.

[hafiztalha]

Investing in Bitcoin, opportunities do not always come. So those who wait for opportunities may sometimes get a great opportunity to buy Bitcoin, but it is not known when that opportunity will come, but when it comes, it is wise to take it immediately. We know of many such cases where a good buying opportunity came, some were able to take advantage of that opportunity and some were lost.

Every bull market is preceded by a bear market. At that time, many panicked and sold Bitcoin, while some took advantage of that opportunity. During the Covid-19 pandemic in 2020, when the price of Bitcoin reached a very low point, many people benefited by buying Bitcoin. Because the highest price of Bitcoin rose at that time in 2021. Again, when the decline started in 2022, it became bullish again at the end of 2024. Those who invested at that time have also benefited a lot today. Bitcoin may dip occasionally, but one should understand that and take advantage of the opportunity immediately. Those who cannot take risks cannot profit.

I also think Bitcoin is best investment all over the World because we know about cryptocurrency and the person who know about the facts and figures of Bitcoin he will invest in Bitcoin because it is less risky than all other investments. We are not impressed by gold because goal market could crash at any time we could lose our money and it's price with go increase with time but that investment will not give huge amount of profit as we get from Bitcoin. Bitcoin is powerful Blockchain and millions of people have trust on that and they know it's price will go up in long run but they have to be silent and stay focus on other things in life .Bitcoin always try to be wealthy person and that is possible by only investment in Bitcoin, not in gold.

[Makus]

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

It's all on you to make your decision, and whatever the comsequence is, it's on you bare. But if it were me, I wouldn't make that mistake as trading bitcoin  is extremely risky since we don't know what they  market hours of market would be, and we can possibly fix out eye to the market chart all day. However the reason I love long term holding is because it keeps you in a state of relaxation while your money grows over time, though it would take a while, but history has been really faithful to holder creating a smile on their face as bitcoin breaks new ATH after many person have concluded that price will continue in bearish move.