In this market situation, should everyone be patient or sell?

[Gaza13]

The market is currently at a low point from its peak. At the time I was writing this post, Bitcoin was worth $96K. Investors saw their portfolios as rich as they did at $120K, but now their portfolios are not as rich, so many will be disappointed and decide to sell. However, I think we should be patient and trust Bitcoin. Especially those who bought Bitcoin between $115K and $120K should expect good things and hold on to their investments. Since investing in Bitcoin is a long-term plan, we should definitely forget about this temporary profit or loss and look at our portfolios three or four years from now and then make a decision.
Hopefully, Bitcoin will go to a much better level during this time and investors' portfolios will be quite rich.

It is unlikely that a sufficiently experienced person would sell his assets in the current conditions of falling prices. They certainly do not care about the current price because they understand what they are buying in their investment and of course people who are experienced enough in their investment will hold it for the period of time they have determined, And we must remember that Bitcoin and its history have proven that if someone holds it for a long enough period, they are guaranteed to get significant profits.

[Republikcoin.com]

it’s hard to say for everyone,
because not all of us bought during the same time
we could have different levels of tolerance
a few bought from lower prices so they are not fazed
but if you bought during bitcoin’s ath, sure it hurts to see our money
keep decreasing  

For those who can endure the price decline and see their money go down due to buying at a high price, I don't think it will hurt too much as long as they can hold on until they see Bitcoin's price increase again. So, in addition to having to be more precise in your responses before buying, you also need to have the courage to face bearish conditions when the price increase begins to subside, as it is now. Therefore, your tolerance level must also be carefully considered before and after buying.

[Ndabagi01]

The market is currently at a low point from its peak. At the time I was writing this post, Bitcoin was worth $96K. Investors saw their portfolios as rich as they did at $120K, but now their portfolios are not as rich, so many will be disappointed and decide to sell. However, I think we should be patient and trust Bitcoin. Especially those who bought Bitcoin between $115K and $120K should expect good things and hold on to their investments. Since investing in Bitcoin is a long-term plan, we should definitely forget about this temporary profit or loss and look at our portfolios three or four years from now and then make a decision.
Hopefully, Bitcoin will go to a much better level during this time and investors' portfolios will be quite rich.

Investors coming into the market when Bitcoin was already above $100K should have the mindset of holding on to their portfolios for a long term from now, about 4-10 years time from now in order to stand a very good opportunity to profit from their investment.

The market is already clamoring for the bear market and if that happens, they have no choice than to leave their investment in Bitcoin till another bull cycle which is about four years time from now unless they want to sell now at loss which is not advisable.

The best time to invest in bitcoin is during the bear cycle but due to how people tend to procrastinate when they want to invest in bitcoin, it is advised they can invest at any time while they anticipate to hodl for a longer time because that’s the only best way to remain profitable irrespective of the time you invested.

[Gozie51]

However, I think we should be patient and trust Bitcoin. Especially those who bought Bitcoin between $115K and $120K should expect good things and hold on to their investments. Since investing in Bitcoin is a long-term plan, we should definitely forget about this temporary profit or loss and look at our portfolios three or four years from now and then make a decision.
Hopefully, Bitcoin will go to a much better level during this time and investors' portfolios will be quite rich.

I think it is still early to see this kind of thread that is looking more like expressing fear. Bitcoin just left the zone of 6 digits precisely $120S, so maybe we are diving on the bear, to cry now looks early. Whoever has caught the fallen knife should not begin to have heart attack with it, just let your coins rest in your personal wallet (non custodial wallet) until it rises again and the time to invest is when the price is down. Don't leave your hodling in an exchange wallet because it is very risky to do that, anything is possible with hackers.

[Joy- maker]

I don't have much to say here, but I will advice that we see this dip as a buying opportunity, let's accumulate this dip aggressively and hold for long term, and forget about the current price of bitcoin, because Bitcoin will still recover, it's just the matter of time. Bedside investor's with long term mindset don't need to panic, because of this slite dip that just occurred in bitcoin, and investor's who are panicking and selling off their bitcoin portfolios are making a very big mistake, which they will regret it later why they even sold their bitcoin portfolios in the first place, so let's not allow our emotions control us or lead us into making poor judgement, because of this little dip that just occurred.

[Ziskinberg]

Buy when there is low price, sell when the price is high. So if you are seeing the current price high enough for you because you have been investing in bitcoin 10 years from now, you will definitely make a significant amount of profits if you sell. But if you are still new in the market, I bet there's no other choice but to remain patient so you can avoid selling at loss. Just know that what we are seeing now won't take long, the price will get better soon. This is the reason why faith is essential in your investment as you can't be patient if you don't have faith.

[Cyber_warrior]

However, I think we should be patient and trust Bitcoin.

No matter how low bitcoin price is, am always having confidence in bitcoin, and I know the price will always bounce back. Whenever bitcoin price is going down, am not always worried, because I know if I can hold my bitcoin, the price is going to bounce back. Whenever we see market going down, all we should do is just to have patience, if you are already holding bitcoin, just keep on holding, don’t sell, and if you are planning to invest, then this is the right time for that.

Especially those who bought Bitcoin between $115K and $120K should expect good things and hold on to their investments.

If anyone is planning to invest in bitcoin, I do always encourage them to hold for long term. So if you are having bitcoin and you are planning to hold, there is nothing to panic about, no matter the price which you bought the bitcoin,  the price is going to bounce back, it might just take time.

[justdimin]

Buy when there is low price, sell when the price is high. So if you are seeing the current price high enough for you because you have been investing in bitcoin 10 years from now, you will definitely make a significant amount of profits if you sell. But if you are still new in the market, I bet there's no other choice but to remain patient so you can avoid selling at loss. Just know that what we are seeing now won't take long, the price will get better soon. This is the reason why faith is essential in your investment as you can't be patient if you don't have faith.

Do you really think price will get better maybe in a month? I really doubt that because going below $100,000 has only created a bearish pressure and we can only see rising sell orders recently. It makes me think, will we really be able to recover before the end of 2025? For a few years, yes I always see bitcoins as a profitable source of income because 5 years from now $100,000 will feel like nothing but we should also accept the fact that not everyone is ready to invest for that long.

People usually want profits in a few months which has turned out to be quite difficult when it comes to bitcoins. People can still continue holding their positions but they should mentally prepare themselves to hold it at least for a year from now.

[allthebitandbobs]

If you are considering 3 or 4 years than yes, we should be patient because these shortcomings will pass and bitcoins will recover eventually. But for those who were thinking about making quick profits for mid or short term, this can be a riskier decision to keep holding their positions. Buying at peak of $110k or $120k has already made them lose close to 30% of their capitals and this is a really bad profit to be honest. If they exit now, I am sure they will hardly make up their mind again to invest in bitcoins again.

They can still try to average their entry points but catching a few dips but this can be a risky move if bitcoins continue to dip. I would suggest to keep holding the positions because they already are at 30% loss so why not take more risk and see if the markets can recover.

[MusaPk]

For those who can endure the price decline and see their money go down due to buying at a high price, I don't think it will hurt too much as long as they can hold on until they see Bitcoin's price increase again. So, in addition to having to be more precise in your responses before buying, you also need to have the courage to face bearish conditions when the price increase begins to subside, as it is now. Therefore, your tolerance level must also be carefully considered before and after buying.

No doubt bearish market is difficult to watch but market has to go bearish sooner or later and we have to develop the patience to stay calm during bear market. Those who understand Bitcoin knows that it's price is volatile and is affected by global events/news. I have started accumulating Bitcoins below 95000$ because I know price will soon jump above 100,000$ soon. This is not the first time price has gone down, it's something normal to Bitcoin so just stay clam and don't panic.   

[Pandorak]

It's simple.

Those who panicked and decided to sell were definitely dominated by traders looking to profit from the price difference, but unfortunately they didn't manage to get out in time, and then the price dropped significantly, causing losses they couldn't accept.

Meanwhile, those who still decide to hold onto Bitcoin and will continue to do so are undoubtedly people with a broad perspective, focused on the long term. They can be considered real investors, believing that Bitcoin will continue to grow, and that something even greater awaits in the future. Those who believe will reap the benefits, no matter how much the price drops, their faith in Bitcoin will overcome their fear.

[Gozie51]

The market is currently at a low point from its peak. At the time I was writing this post, Bitcoin was worth $96K. Investors saw their portfolios as rich as they did at $120K, but now their portfolios are not as rich, so many will be disappointed and decide to sell. However, I think we should be patient and trust Bitcoin. Especially those who bought Bitcoin between $115K and $120K should expect good things and hold on to their investments. Since investing in Bitcoin is a long-term plan, we should definitely forget about this temporary profit or loss and look at our portfolios three or four years from now and then make a decision.
Hopefully, Bitcoin will go to a much better level during this time and investors' portfolios will be quite rich.

It can only be surprising for newbies and those who are not really knowledgeable about how bitcoin market is. To see rise and fall in the price of bitcoin is normal and since October 10 that bitcoin lost a lot of profit from about $120k, the price has not recovered and I think panic has entered the market making weak hodlers to dump and keep crashing the market. I don't expect a quick recovery of price because nothing yet to push the investors confidence up.

Just maybe the bull has finally succumbed to bear and if that is the case then we might be looking at another halving for a stronger volatility but bitcoin is unpredictable actually, anything can still happen.

[Leahized]

The market is currently at a low point from its peak. At the time I was writing this post, Bitcoin was worth $96K. Investors saw their portfolios as rich as they did at $120K, but now their portfolios are not as rich, so many will be disappointed and decide to sell. However, I think we should be patient and trust Bitcoin. Especially those who bought Bitcoin between $115K and $120K should expect good things and hold on to their investments. Since investing in Bitcoin is a long-term plan.

In this case, as far as I think, if someone has bought bitcoin at a very low price. Even so, he should not sell bitcoins right now. Because now bitcoin has come down a lot. When everyone buys Bitcoin, the price will definitely increase because the new ATH is the lowest price since then. But those who are currently buying bitcoins, and if they are in profit, can sell. But those who are already in loss, should never sell because the price will increase later. I think this is the correction of bitcoin and therefore should buy bitcoin with accumulated money in this opportunity. And we should always think of lasting gains.

[CryptoBuds]

The market is currently at a low point from its peak. At the time I was writing this post, Bitcoin was worth $96K. Investors saw their portfolios as rich as they did at $120K, but now their portfolios are not as rich, so many will be disappointed and decide to sell. However, I think we should be patient and trust Bitcoin. Especially those who bought Bitcoin between $115K and $120K should expect good things and hold on to their investments. Since investing in Bitcoin is a long-term plan.

In this case, as far as I think, if someone has bought bitcoin at a very low price. Even so, he should not sell bitcoins right now. Because now bitcoin has come down a lot. When everyone buys Bitcoin, the price will definitely increase because the new ATH is the lowest price since then. But those who are currently buying bitcoins, and if they are in profit, can sell. But those who are already in loss, should never sell because the price will increase later. I think this is the correction of bitcoin and therefore should buy bitcoin with accumulated money in this opportunity. And we should always think of lasting gains.

From the ATH of $126k, Bitcoin has dropped almost 30%, which is a significant drop for those who bought Bitcoin at prices above $120k or $100k. But for those who bought bitcoin at $50k or $20k or lower, they could still make a significant profit. So it depends on their goals, if they don't want to continue for another 4 years. Selling now is not bad because they can still reinvest at a better price when bear season comes.

Whether to hold or sell will depend on each investor, it would not be entirely correct to advise everyone not to sell and continue holding. For those who have profits and believe that bitcoin will likely fall more during the bear season, selling now is not bad and wrong. Conversely, those who are temporarily losing should continue to hold and DCA.

[Mr_Brilliant$]

Why would anyone be thinking of selling now when this is literally the period to be stacking and accumulating more? I understand that some people would not have the patience, but the right move in a market like this is to stay patient..
Panic selling has never helped anyone go do your findings..

[aylabadia05]

The market is currently at a low point from its peak. At the time I was writing this post, Bitcoin was worth $96K. Investors saw their portfolios as rich as they did at $120K, but now their portfolios are not as rich, so many will be disappointed and decide to sell. However, I think we should be patient and trust Bitcoin. Especially those who bought Bitcoin between $115K and $120K should expect good things and hold on to their investments. Since investing in Bitcoin is a long-term plan, we should definitely forget about this temporary profit or loss and look at our portfolios three or four years from now and then make a decision.
Hopefully, Bitcoin will go to a much better level during this time and investors' portfolios will be quite rich.

This isn't advice.

When the price starts to drop, it should be a good time to keep buying. If you don't have enough money to buy, then the solution is to hold.
Buying during a drop, if you apply DCA, will certainly yield different Bitcoin than Bitcoin at a price above $100,000.
It's no wonder many people wait, or, as the phrase "wait for the right time" suggests, assume the price is considered high at $110,000, even though the ATH is $126,000.

Don't sell. Patience is essential. Selling now will be a source of regret.

[Nathrixxx]

Let's not confuse others when we don't know what to do or expect from the market each time it reacts in this manner, we are not expected to act upon every market reaction, if we don't want to incur into loss, I know already for sure that many have sold while the market is downtrend and made losses already, maybe by the virtue of the market falling or what others are saying that triggered their actions not sell in loss.

[impulse709]

The market is currently at a low point from its peak. At the time I was writing this post, Bitcoin was worth $96K. Investors saw their portfolios as rich as they did at $120K, but now their portfolios are not as rich, so many will be disappointed and decide to sell. However, I think we should be patient and trust Bitcoin. Especially those who bought Bitcoin between $115K and $120K should expect good things and hold on to their investments. Since investing in Bitcoin is a long-term plan, we should definitely forget about this temporary profit or loss and look at our portfolios three or four years from now and then make a decision.
Hopefully, Bitcoin will go to a much better level during this time and investors' portfolios will be quite rich.

It is unlikely that a sufficiently experienced person would sell his assets in the current conditions of falling prices. They certainly do not care about the current price because they understand what they are buying in their investment and of course people who are experienced enough in their investment will hold it for the period of time they have determined, And we must remember that Bitcoin and its history have proven that if someone holds it for a long enough period, they are guaranteed to get significant profits.

Both of you have a point and it is obvious that what the actual distinction here is the level of experience and mentality. When the prices drop shortly after new investors tend to panic, yet people who know about the long-term trend of Bitcoin are aware that corrections are actually natural in every cycle. During a down market, it is often the buyers who get the discounted coins thus benefiting most. Patience is a time-tested virtue and anyone who invested at the $115K -120K must realize that it is a multi-year game not a weekly game. The likelihood of a long-term Bitcoin investment paying off is much higher than responding emotionally to short-term declines is it holds its course according to its long-term trend.

[knowngunman]

Hopefully, Bitcoin will go to a much better level during this time and investors' portfolios will be quite rich.

Haven't you heard of "a patient dog eat the fattest bone"? If you sell now, you'll probably sell at a lose but if you are patient to hold for a bit longer, you'll be in profit definitely. What we are seeing now is just a replica of the past, it has happened several times.

Few people here witness it while some of us read it in the history what happened in 2013 and 2017. Bitcoin dropped from around $20k to around $3k but it bounce back. The latest one happened in 2019 when it hit almost $70k before the market crashed below $20k. Now, the same thing is happening again after we crossed $120k and it's now back to $90k. This is how the market has always been and if you still can endure with this trick of fear and excitement, you have no reason to be here. So be patient!

[maydna]

The selling decision will not be good in this situation. Instead of selling your Bitcoin, you can buy back and wait for the rebound. Yes, we are disappointed but we are not selling Bitcoin and will only wait for a while. It is another down and nothing special so you should not panic but think and analyze when you can buy back.

Bitcoin investment will be for the long term so there is no need to be afraid of the drops. Even if Bitcoin is down below $90k, you should calm down because you get another discount price to buy Bitcoin at a low price. Let those who panic regret it while you can smile when the price increases back.