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Author Topic: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.  (Read 905 times)

Offline Agbe

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Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« on: March 20, 2024, 06:08:19 PM »
Some people go say dis one na nonsense, me I dey hold my bitcoin for the All Time High after the halving that so dat I go sell make big profit. E go shock you when dollar go down well well. When bitcoin was $70+k and $1 was equal NGN1,800, di profit from am was very big and that di same bitcoin unit you been getting at dat time wey gave di big amount, e no go dey big again because dollar e don come down and di more dollar dey come down di more your investment sef dey come down. So the best way to do is to sell 50% of your investment now and when bitcoin come down again then you go fit buy am and from dat investment you go make profit because just like you dey start from new investment dollar rate.

In the late and the early part of February and March I sold 0.04 bitcoin and I got NGN4,800,400.89 but today that di same bitcoin unit of 0.04 is equal to NGN3,697,325.05. Bitcoin investment is just calculation and well plan. If you understand the market then you are good to go. Use this opportunity before it too late. Dollar is depreciating. The more naira appreciate the more you lose your value of the bitcoin. If naira hit $1 = NGN500 and Bitcoin price might hit $100+k and you sell your coins at that time, your Profit will be very small because naira by then will be #500. So now that naira is still NGN1,400 as today exchange market rate is the best time to sell and keep. Just check this 0.04 bitcoin price in the next few months to come when the naira finally hit #500.


Yes bitcoin price will go up but if naira it hit #500 you will lose. But if you sell now and buy again when the price of bitcoin come down again, you lose nothing but good gain. What do you think about that. Remember this is not FOMO but it is a calculated move in the industry.

Make I update this thread with dis news.
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Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« on: March 20, 2024, 06:08:19 PM »

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Offline Mr. Allcrypto

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #1 on: March 20, 2024, 11:50:37 PM »
Yes boss, this na true talk, because bitcoin go soon drop for the halving,  so the best way to still make your gains na to sell your bitcoin keep so that when bitcoin drop you fit buy am at a lower rate again so that e go bigin grow for you. This na for mostly people wey dey do holding, at least if you sell 50% of your bitcoin, you go still get am clear after the halving...

Offline SmartGold01

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #2 on: March 20, 2024, 11:57:18 PM »
I think e depend on individual choice because if they sell now you wouldn't know what the future could hold by selling of their investment just as what happened to bitcoin last week thereabout seeing bitcoin creating New ATH without even waiting to pass Halving and none of us believed that bitcoin will surpass that price. Therefore anyone selling now might lose big time without knowing that price might change and hit to something big to me it's better they hold and apply DCA to accumulate more volume.

Offline Igebotz

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #3 on: March 21, 2024, 10:21:41 AM »
Do not sell your coin unless you're already in profit and want ape out and ape into something later.

OP how did you come about your conclusion without any TA report? How did you know Bitcoin is dipping soon?
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Offline Sim_card

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #4 on: March 21, 2024, 01:45:43 PM »
OP, this is a personal choice just like you have come up with your own strategy on your bitcoin investment is the same way other investors have plans on how to go about their bitcoin investment. It is not everybody that plans to sell and take profit, some are going till 10 years time. I believe that you must have made a good amount of profit for selling too quick, in the name of Naira appreciating. Every investor ha e their targeted time to take profit.

Offline Mr. Allcrypto

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #5 on: March 21, 2024, 02:03:14 PM »
Do not sell your coin unless you're already in profit and want ape out and ape into something later.

OP how did you come about your conclusion without any TA report? How did you know Bitcoin is dipping soon?


Sir from my research, it has been estimated that bitcoin halving will take place from on the 20th of april, 2024.

Offline Charles-Tim

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #6 on: March 21, 2024, 02:58:43 PM »
People have different choices. As you think of selling your own coins or part of your coins like 50% of it, some people are thinking differently. Some people may think of not selling at all until six figures and some people may think of not selling until they think the bear market is coming already. Some people will not sell but still expecting the dip. If there is any dip, they will buy more. My advise is that people should hold and buy more if the price fall but that is when they are not in need of their investment funds for long time.
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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #6 on: March 21, 2024, 02:58:43 PM »


Offline Igebotz

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #7 on: March 21, 2024, 04:58:21 PM »
Do not sell your coin unless you're already in profit and want ape out and ape into something later.

OP how did you come about your conclusion without any TA report? How did you know Bitcoin is dipping soon?


Sir from my research, it has been estimated that bitcoin halving will take place from on the 20th of april, 2024.

Not your research it's what it's already known.

Is the -20-32% dip before Halving now a thing? Well if you have a lesser bag its another opportunity to buy at the dip no need selling what already In the bad.
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Offline Gideon99

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #8 on: March 21, 2024, 07:32:03 PM »
Some people go say dis one na nonsense, me I dey hold my bitcoin for the All Time High after the halving that so dat I go sell make big profit. E go shock you when dollar go down well well. When bitcoin was $70+k and $1 was equal NGN1,800, di profit from am was very big and that di same bitcoin unit you been getting at dat time wey gave di big amount, e no go dey big again because dollar e don come down and di more dollar dey come down di more your investment sef dey come down. So the best way to do is to sell 50% of your investment now and when bitcoin come down again then you go fit buy am and from dat investment you go make profit because just like you dey start from new investment dollar rate.

In the late and the early part of February and March I sold 0.04 bitcoin and I got NGN4,800,400.89 but today that di same bitcoin unit of 0.04 is equal to NGN3,697,325.05. Bitcoin investment is just calculation and well plan. If you understand the market then you are good to go. Use this opportunity before it too late. Dollar is depreciating. The more naira appreciate the more you lose your value of the bitcoin. If naira hit $1 = NGN500 and Bitcoin price might hit $100+k and you sell your coins at that time, your Profit will be very small because naira by then will be #500. So now that naira is still NGN1,400 as today exchange market rate is the best time to sell and keep. Just check this 0.04 bitcoin price in the next few months to come when the naira finally hit #500.


Yes bitcoin price will go up but if naira it hit #500 you will lose. But if you sell now and buy again when the price of bitcoin come down again, you lose nothing but good gain. What do you think about that. Remember this is not FOMO but it is a calculated move in the industry.

Boss this is a brilliant idea it's call calculation not FOMO. By doing this you have nothing to lose because the  price of Bitcoin will soon drop just as dollar price is going down gradually. You can start making profits after the Bitcoin halving.

Offline Agbe

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #9 on: March 21, 2024, 10:10:12 PM »
Do not sell your coin unless you're already in profit and want ape out and ape into something later.

OP how did you come about your conclusion without any TA report? How did you know Bitcoin is dipping soon?
It is just suggestion and also it is just a calculative move. There are two factors you have to consider in this period. The depreciation of dollar and the appreciation of the Naira. And I have given the full detail in the Op.

OP, this is a personal choice just like you have come up with your own strategy on your bitcoin investment is the same way other investors have plans on how to go about their bitcoin investment. It is not everybody that plans to sell and take profit, some are going till 10 years time. I believe that you must have made a good amount of profit for selling too quick, in the name of Naira appreciating. Every investor ha e their targeted time to take profit.
This is not a strategy please go and reread the Op well. This is not even by choice but it is just a calculative move. I don't want to repeat myself and I will not. Let it be the way you want it. And don't forget if you don't understand the Op, this thread has nothing to do with bitcoin go and reread again. This thread has nothing to do with bitcoin but it is base on dollar and naira your bitcoin you have is measured with naira but not dollar. The matter you save, keep and hodle bitcoin, you will still come back to naira and that is when you will understand this thread. I have done justice in the Op and those who have hear let dem hear. It is not by force but it is a calculative move and you lose nothing and instead you buy more of you follow this approach.

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #10 on: March 22, 2024, 03:41:46 PM »
From what I understood this actually good for both short term holders and long term holders if your prediction is right if not short-term investors will lose out.

For long term holders - if you follow the advise of @agbbe and sell when the price was at +$70k and then wait for the price to drop and then use the same money to buy more, you'll be able to get more SATs in your accounts.

@agbe please clarify if my interpretation of your post is correct - lets say I sell 0.04 btc at $70k for $2,800 and then wait till the price drops to lets say $62k, then you'll be able to buy back 0.04516 BTC with the amount you sold meaning you just gained 0.00516 BTC and this will give you more profits if you are a long-term holder.
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Offline SmartGold01

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #11 on: March 24, 2024, 07:04:32 PM »
@agbe please clarify if my interpretation of your post is correct - lets say I sell 0.04 btc at $70k for $2,800 and then wait till the price drops to lets say $62k, then you'll be able to buy back 0.04516 BTC with the amount you sold meaning you just gained 0.00516 BTC and this will give you more profits if you are a long-term holder.

Yeah you are correct from my own view, although this can be classified as scalping and anyone who is not active to monitor the market might missed this trend and especially the newbies who doesn't know how the market works or how the bull run swings overtime. I know we might see more blood bath before halving so, anyone who can't endure to hold his coin can actually sell but when patient till bull they will enjoy holding back their coin till fully.

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #12 on: March 24, 2024, 11:22:39 PM »
@agbe please clarify if my interpretation of your post is correct - lets say I sell 0.04 btc at $70k for $2,800 and then wait till the price drops to lets say $62k, then you'll be able to buy back 0.04516 BTC with the amount you sold meaning you just gained 0.00516 BTC and this will give you more profits if you are a long-term holder.

Yeah you are correct from my own view, although this can be classified as scalping and anyone who is not active to monitor the market might missed this trend and especially the newbies who doesn't know how the market works or how the bull run swings overtime. I know we might see more blood bath before halving so, anyone who can't endure to hold his coin can actually sell but when patient till bull they will enjoy holding back their coin till fully.
One +karma for you for the nice contribution to knowledge. Thanks for the explanation and let me just add small thing to it As smartGold01 has said, there are other factors I added to the Op and I tok say, Now dat di naira still dey NGN1,300 for $1 it the best time to sell 50% of your holding so in case the naira appreciate to $1 to NGN150 you will not lose and when bitcoin goes down , you can still buy again and add more bitcoins to your portfolio so you are always on the winning side of the investment. But if you say you wants to keep it in the wallet till the all time high. Remember naira will not be in this level for forever.

Dollar will definitely depreciate and once it does then you money will also reduce when you sell your bitcoin to naira. Example. If you sell 0.001 bitcoin now, it will give you NGN94,500. And when price nod dollar depreciate and finally naira hit NGN,500 the 0.001 bitcoin that you get as NGN94,500 will reduce to NGN30k to NGN40K. And that was why I said sell 50% of your investment now and use it or buy when the price goes down in bitcoin and if naira goes down you lose nothing. This is win win plan. Which I have already practicing it. And it sweet me for belle.

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #13 on: March 28, 2024, 08:50:26 AM »
Dollar will definitely depreciate and once it does then you money will also reduce when you sell your bitcoin to naira. Example. If you sell 0.001 bitcoin now, it will give you NGN94,500. And when price nod dollar depreciate and finally naira hit NGN,500 the 0.001 bitcoin that you get as NGN94,500 will reduce to NGN30k to NGN40K. And that was why I said sell 50% of your investment now and use it or buy when the price goes down in bitcoin and if naira goes down you lose nothing. This is win win plan. Which I have already practicing it. And it sweet me for belle.
There is no win to win plan about this because you can not predict the price of bitcoin in short term while the price is still going higher in long term in a way that naira, dollar and other fiat holders will not lose in long term than bitcoin holders. If you have nothing to do with your money in long term, why not just hold during bull run period and not sell. Some people will prefer to trade but while doing it, they will see themselves losing than holding. I mean swing traders in this regard.
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Offline Agbe

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Re: Sell 50% of Your Bitcoins Now and Invest in the Coming Dip.
« Reply #14 on: April 02, 2024, 05:33:27 PM »
Dollar will definitely depreciate and once it does then you money will also reduce when you sell your bitcoin to naira. Example. If you sell 0.001 bitcoin now, it will give you NGN94,500. And when price nod dollar depreciate and finally naira hit NGN,500 the 0.001 bitcoin that you get as NGN94,500 will reduce to NGN30k to NGN40K. And that was why I said sell 50% of your investment now and use it or buy when the price goes down in bitcoin and if naira goes down you lose nothing. This is win win plan. Which I have already practicing it. And it sweet me for belle.
There is no win to win plan about this because you can not predict the price of bitcoin in short term while the price is still going higher in long term in a way that naira, dollar and other fiat holders will not lose in long term than bitcoin holders. If you have nothing to do with your money in long term, why not just hold during bull run period and not sell. Some people will prefer to trade but while doing it, they will see themselves losing than holding. I mean swing traders in this regard.
Well right now people have started crying out that the drop of dollar and the appropriating of naira is affecting their bitcoin hodling. And last week it affects me badly. I just thank God that I have sold my 50% out before the naira appreciate. In this industry everyone with their own calculation and prediction. Like early last month if someone was having 0.033 and that would be equal to NGN 3.6+ millions but now it NGN2.6+ millions and now that Naira is still above 1k and when naira go finally hit NGN500 how the 0.033 matter go be? That is one of the most important calculation in this industry. Smart finger eat big. But no be by force. One can hodle till 2030. But remember we are not using dollar to buy things in the market.

 

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