16
Bitcoin Forum / Re: Focus on knowledge, build up belief, then investment plan, success will come.
« on: May 19, 2024, 12:28:58 PM »~snip~
The point is not go with buzzworda and trends. We want to be doing the opposite of everyone. Buying when the price is falling, and selling when the price is hitting ath or close by.
The "problem" is that the majority do not think for themselves, but are constantly under the influence of the media and so-called "influencers". Even when people know that they are doing something possibly wrong, they will not give up if they see that others are not reacting. I bet that nowadays many people ask AI what to do, as if they will get a good answer that way.I didn't start to sell in this cycle yet, I plan to do so after we pass 80k. I hope we do soon.
$80k seems like a good start, but $100k is even better - although I don't stress too much about it since I sell when I need to
- Even if it's AI, it can't say that the accuracy is 100% for the future, so it's right that even if you have the mindset to sell at this price and suddenly you have an unexpected emergency, your holdings will be reduced due to emergency purposes that you set aside to sell. You don't care if the price value of Bitcoin has increased or not.
And there are many who do such a thing most of the time in this field of holders in the crypto space. Because no one knows what will happen in the future. But it's okay to have a good plan, and you just have to stick to it to be successful in the end.