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

[YUriy1991]

In the situation like this, I don't think it's advisable to sell and even if you want to sell, it shouldn't be all your bitcoin but we are individuals differences and I know we all have or can be more patience than each other in terms of holding, even if Bitcoin drop ls more below it is presently, I believe there are some people that will still not sell, but it all requires more patience. However, in my own perspective and views I think this is the best time or opportunity to buy more Bitcoin and hold for long term in order to have its potential profits in the future, so buying is the best option to do presently.

I completely agree with what you said. Instead of selling at the current price, it's better to buy as much Bitcoin as we can afford with our savings. We can't predict when the price will drop again, but now is the best time to buy Bitcoin and hold it for the long term, in line with our future financial goals. I think Bitcoin's $86,000 price is a good price to buy and hold. We won't necessarily get the best price to buy in the future, so I think a bear market like now is the right time to buy.

[bounceback]

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.

Currently the market is testing our patience and those who have great patience will not sell at a loss when facing a decline because they have a strong hand holding their bitcoin for the long term, maybe this will not be easy for those who bought bitcoin when it was at the peak because the decline that occurred in the last few weeks has at least cut 30% of the value of their portfolio so they are forced to continue to choose to hold it until the price of bitcoin recovers even though it takes a long time but we do not need to doubt bitcoin especially so far bitcoin has proven to be able to recover from various pressures.

[Finebone]

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.

It alls depends on our interest or motive before venturing into the market, because even though the market are bleeding seriously, their are some guys that are cashing out big time because they short the market while trading it, so to those guys it's a massive win, but in the case of an investor, selling now will only result in a loss since your portfolio might have drop drastically, so being patient and waiting for it to appreciate back in value is the only logical thing to do at this point.
Or you just want to cut your loss and move on, if not you being patient is the only solution to this.

[Awaklara]

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

We might be entering a downturn that will be much deeper. If the current situation, where Bitcoin is currently priced at $86k, makes those who hold panic because they bought at $120k, they may be severely affected when they see Bitcoin continue to drop in price. It's no wonder that those in panic will think it's better to sell at a loss than let it get even worse. 
Some people may have already sold when Bitcoin returned to $100k and will wait to enter again at the current price, or even lower. But more people will patiently wait for the market to recover in the future.

[nomenclatur]

Be patient with the Bitcoin price, as it will inevitably rise. Profitable Bitcoin investments require patience, considering the current price is around $88,324.67. Patience is key to achieving substantial profits. The price is still low and will likely reach $90,000 again. If you're hoping for a return to $120,000, it will take time for the market to recover.

[MarjorieZimmermanGinger]

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.

There is no other reason than to exercise restraint and not panic during a downturn like this to avoid losses due to buying Bitcoin at a much higher price. Making the wrong decision can actually lead to avoidable losses. If someone understands that Bitcoin has a recurring cycle, the best course of action is simply to be patient and not sell their Bitcoin, as they know that Bitcoin will eventually return to its peak price. Therefore, a plan is needed to initiate an investment, and large purchases should not be planned entirely under certain conditions. Methods like DCA can be applied so that we can buy bitcoins at a price that can be averaged so that the risk of large purchases at high prices can be avoided.

[iamsange]

Be patient with the Bitcoin price, as it will inevitably rise. Profitable Bitcoin investments require patience, considering the current price is around $88,324.67. Patience is key to achieving substantial profits. The price is still low and will likely reach $90,000 again. If you're hoping for a return to $120,000, it will take time for the market to recover.

This is normal for those of us who have been involved in this Bitcoin forum for a long time so the price drop shouldn't be a problem. It's not just today that we've experienced it. When the price like today's hovers around $88 it's certainly normal. If the price remains stable we won't feel satisfied. Therefore sometimes we are required to be patient when it comes to price fluctuations in the market.

We all hope to see prices return to the same level as they did in mid-October when prices held at $120 for a long time. It's very unlikely that prices will return to that level anytime soon unless it happens outside of Christmas and that's just our prediction. It's rare to see prices at $97 these days but we should be patient until the market recovers and we'll all experience the same highs again when prices reach above $100.

[Hardyrobust]

Be patient with the Bitcoin price, as it will inevitably rise. Profitable Bitcoin investments require patience, considering the current price is around $88,324.67. Patience is key to achieving substantial profits. The price is still low and will likely reach $90,000 again. If you're hoping for a return to $120,000, it will take time for the market to recover.

This is normal for those of us who have been involved in this Bitcoin forum for a long time so the price drop shouldn't be a problem. It's not just today that we've experienced it. When the price like today's hovers around $88 it's certainly normal. If the price remains stable we won't feel satisfied. Therefore sometimes we are required to be patient when it comes to price fluctuations in the market.

We all hope to see prices return to the same level as they did in mid-October when prices held at $120 for a long time. It's very unlikely that prices will return to that level anytime soon unless it happens outside of Christmas and that's just our prediction. It's rare to see prices at $97 these days but we should be patient until the market recovers and we'll all experience the same highs again when prices reach above $100.

The market offers opportunities of buying more bitcoin and so many fails to appreciate this instead they only view it to be going in one direction which is uptrend. Experience plays a key factor in understanding the market movement , it is mostly those that don't have an idea about the positives impact that would fail to appreciate it. The market offers more buying opportunities.

[Bushdark]

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.

It alls depends on our interest or motive before venturing into the market, because even though the market are bleeding seriously, their are some guys that are cashing out big time because they short the market while trading it, so to those guys it's a massive win, but in the case of an investor, selling now will only result in a loss since your portfolio might have drop drastically, so being patient and waiting for it to appreciate back in value is the only logical thing to do at this point.
Or you just want to cut your loss and move on, if not you being patient is the only solution to this.

The only people that can be cashing out when the market is bleeding are traders. There is no way investors can cashout from the market when the price of Bitcoin is not stable or going dome except they want to sell their Bitcoin in loses. Those that are trading in the market and are very good have advantage than those that are not that experienced and don't know when to make decisions that will help them become profitable like those experienced traders. Investors would have to wait for their turn to cashout and that will be when the price of Bitcoin is appreciating to the top.

[aysha9853]

Holding makes sense only if your position size is reasonable, many people bought near the top thinking it was easy money, now price goes sideways and suddenly patience feels painful, Bitcoin can stay flat for months without warning.

[Grace333]

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.

Currently the market is testing our patience and those who have great patience will not sell at a loss when facing a decline because they have a strong hand holding their bitcoin for the long term, maybe this will not be easy for those who bought bitcoin when it was at the peak because the decline that occurred in the last few weeks has at least cut 30% of the value of their portfolio so they are forced to continue to choose to hold it until the price of bitcoin recovers even though it takes a long time but we do not need to doubt bitcoin especially so far bitcoin has proven to be able to recover from various pressures.

Whether someone should be patient or sell really depends on why they bought Bitcoin in the first place. If you bought it for long term conviction, then selling at a loss during a pullback does not really make sense.. Bitcoin has drop way worse than this and still found its way back.

I get that it is not easy, especially for those who bought near the top and are now down 20–30%. That situation can feel frustrating. But panic selling usually just locks in the pain. Strong holders are built exactly in moments like this, holding, not because it is easy, but because you understand what you’re holding.

[yixichloro2xx]

Holding makes sense only if your position size is reasonable, many people bought near the top thinking it was easy money, now price goes sideways and suddenly patience feels painful, Bitcoin can stay flat for months without warning.

You are right,  Holding with patience is very hard especially for people who bought at the top. Most people that panics during this period are those who bought without proper planning. Nevertheless that is why people have been preaching about the Dca method in this forum, with it there won't be any reason for panicking especially when the market is in a downside and also you will be able to keep accumulating at any price. Holding during dips might not be easy to be sincere but that DCA method gives you a balancing lever.

[POPOLUV]

Market situation should never be a problem for an investors to panic of selling any moment from now when your plans or target has not reach before considering of selling because if any investors should have the mindset of selling in this point because of the situation is a gambler, a hodler will not think of selling because of conditions or any situation of Bitcoin price in the parallel market, so being patient with your Bitcoin is never a bad idea at all and which selling of Bitcoin should never be considered right now.

[Sammye3]

It's everyone's dream to buy low and sell high right? But the market is no man's friend and it could be a bit different in most cases where one could lose all investment because of trust in the asset but Bitcoin it's different. Bitcoin is not like every other asset, there is a reason why it's the king of all cryptocurrencies because it's movement always has an impact in the crypto world and it affects other cryptocurrencies as well. There would always be a reversal after a low, patience is for is required for Bitcoin.

 We could be experiencing a halving season sooner or later or we could have seen that already, who knows? And I know it's what most people fear for, losing their investment in the dip and having nothing for the pump but that's what the market is all about. You cannot predict the best time to buy Bitcoin, just keep stacking those assets and wait for the bull season.

[Shinpako09]

Sell? Why would you sell when the market is down and hasn’t recovered yet? That’s like buy high, sell low. Just accumulate more and treat it as an opportunity to earn more. In crypto, aside from capital, knowledge, and experience, what you also need is patience. You can’t get rich overnight in crypto. It takes time before you can see the fruits of your labor. If the market goes down even more, it’s either you DCA and wait for the market to recover to take profit, or you cut your losses if you can’t take the pressure.

[Smack That Ace]

Sell? Why would you sell when the market is down and hasn’t recovered yet? That’s like buy high, sell low. Just accumulate more and treat it as an opportunity to earn more. In crypto, aside from capital, knowledge, and experience, what you also need is patience. You can’t get rich overnight in crypto. It takes time before you can see the fruits of your labor. If the market goes down even more, it’s either you DCA and wait for the market to recover to take profit, or you cut your losses if you can’t take the pressure.

If you bought at a high price and can't buy more when the price drop, you should just continue holding and not sell. However, if you bought Bitcoin many year ago and are still making a significant profit at the current price and are happy with that. There is nothing wrong with selling now

Whether to sell or continue holding will depend on each individual investor, as each will have different strategies, goals, and entry prices.

If I bought Bitcoin at $120k, I can't give advice to investors who bought it below $50k or those who bought it below $20k in 2022. Our positions are different.

[As-Soon-As]

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.

One should not panic when the Bitcoin market is dumping, because many weak investors may decide to sell their holdings after seeing the Bitcoin market dumping. However, it is completely foolish to decide to sell during the market dumping, because only when the Bitcoin market is dumping, investors become panicked. Such panicked investors should not be more strong and take the opportunity to buy in the Bitcoin dumping market. Those who hold Bitcoin holdings according to this strategy and decide to buy during the Bitcoin market dumping are the only ideal investors.

[Jamestown70]

Probably does that adopted Bitcoin because of the hype or those that adopted because of influencers speculation would panic and will want to sell their holdings. If you are holding some amount of Bitcoin, and the market retrace to a bearish momentum and you start to panic or want to sell your holding because you’re uncertain if the price of Bitcoin will bounce back, then you’re not an investor, you’re a gambler. Even a business man do get times of ups and down.

[bhadz]

One should not panic when the Bitcoin market is dumping, because many weak investors may decide to sell their holdings after seeing the Bitcoin market dumping.

There is no way to help those holders that are panicking whenever the market dumps a lot. What can help them is their share of experience of what they have seen whenever it dumps. Soon, they'll also be the one preaching about not to panic if the market is doing so well even if a sudden dump appears, what they have to prove is on what kind of holder they are. If they're doing nothing or they continue to accumulate when the market is down. Because that's seen as an opportunity by those who are living by their experience if sudden dumps come.

[Gaza13]

Be patient with the Bitcoin price, as it will inevitably rise. Profitable Bitcoin investments require patience, considering the current price is around $88,324.67. Patience is key to achieving substantial profits. The price is still low and will likely reach $90,000 again. If you're hoping for a return to $120,000, it will take time for the market to recover.

Selling valuable assets like Bitcoin during this downturn is not a wise move, prices tend to recover over time, yes, it's true, as you said, patience is the main foundation of our investment. Without it, everyone will definitely experience losses and in the end, they often end up regretting and missing out on future price recovery or reversals. The point in this case is that investment is not an instant way to get profits within the time period you want, everything requires a process for the success of your investment.