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Author Topic: Hold or sell?  (Read 39095 times)

Offline MRY

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Re: Hold or sell?
« Reply #240 on: October 02, 2024, 03:37:36 PM »
There are many strategies that we can do in investing, some are just holding long term and some are trading. Buying during correction and selling when it increases, this can be done by following market movements, and I think this is the most effective strategy.

It's an effective strategy, but only on paper. The nuance is that self-discipline is also important when you trade or hold, and it's worth noting that not all users have developed this quality well enough. Honestly, I think that almost all users have had emotional trades on the exchanges, whether because of news or FOMO.
Emotional will always be there and disrupt our focus in danging, because this requires experience in order to be emotional managers.
I also agree with you besides knowledge, our experience must be disciplined in trading. Banayk the things we must learn in trading including risk managers.
Indeed, it is a matter of arriving at which emotion is the most difficult point in trading as managing emotions is the most important and time-consuming process in trading. When we become accustomed to the variability in market, we don’t panic when prices change constantly. Besides, the necessary academic background in market analysis, the primary non-negotiable aspect is avoiding any influence of one’s emotions. Risk management is also relevant since when there is no clear plan, people can act impulsively; especially when the market conditions are unfavorable. Powering through the noise that is created by the psychological effects, which accompany the act of trading, the struggle can be won with time and heightened discipline, which eventually leads to better decisions due to better judgement.
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Re: Hold or sell?
« Reply #240 on: October 02, 2024, 03:37:36 PM »

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Offline debra

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Re: Hold or sell?
« Reply #241 on: October 02, 2024, 10:50:01 PM »
There are many strategies that we can do in investing, some are just holding long term and some are trading. Buying during correction and selling when it increases, this can be done by following market movements, and I think this is the most effective strategy.
Of course, there are many ways in investment or trading but it is not easy to have an effective strategy. The most common strategy is buy the dip and sell at a pump. But this is only a simple way in theory, it is sometimes very difficult to do in reality. I think the experience that can help us to adjust the strategy for any condition in the market.

It is not easy to have an effective strategy as you said above. It is just a simple strategy in the theory, but it can be difficult when we practice it.


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Re: Hold or sell?
« Reply #241 on: October 02, 2024, 10:50:01 PM »

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Offline MRY

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Re: Hold or sell?
« Reply #242 on: October 04, 2024, 07:24:59 PM »
There are many strategies that we can do in investing, some are just holding long term and some are trading. Buying during correction and selling when it increases, this can be done by following market movements, and I think this is the most effective strategy.
Of course, there are many ways in investment or trading but it is not easy to have an effective strategy. The most common strategy is buy the dip and sell at a pump. But this is only a simple way in theory, it is sometimes very difficult to do in reality. I think the experience that can help us to adjust the strategy for any condition in the market.

It is not easy to have an effective strategy as you said above. It is just a simple strategy in the theory, but it can be difficult when we practice it.
As you know, Although fundamental investment principles, like identifying value and selling at higher price levels, may seem very clear, the process is really a struggle when the vehicle of operation is a highly unpredictable and volatile investment like cryptocurrencies. Due to money binaries integrating market prices, specific factors as new information in the market and fluctuation in prices make decisions wiser due to changes in prices in certain countries as instances in meeting new regulations. Through practice, investors can enhance their ability to interpret situations and signs pertaining the market so there are high possibilities of getting the expected outcomes irrespective of such conditions.
« Last Edit: October 04, 2024, 07:28:19 PM by MRY »
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Offline doc

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Re: Hold or sell?
« Reply #243 on: October 04, 2024, 08:54:19 PM »
There are many strategies that we can do in investing, some are just holding long term and some are trading. Buying during correction and selling when it increases, this can be done by following market movements, and I think this is the most effective strategy.
Of course, there are many ways in investment or trading but it is not easy to have an effective strategy. The most common strategy is buy the dip and sell at a pump. But this is only a simple way in theory, it is sometimes very difficult to do in reality. I think the experience that can help us to adjust the strategy for any condition in the market.

It is not easy to have an effective strategy as you said above. It is just a simple strategy in the theory, but it can be difficult when we practice it.
You are right that is a simple strategy, buy at the dip and sell  at the pump and sell , it takes experience to be able to do it right. because it is not easy to get in on time and likewise selling it must also be on time. that's why in trading it always takes experience, knowledge and expertise to be able to implement this simple theory.

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Re: Hold or sell?
« Reply #244 on: October 05, 2024, 09:10:36 AM »
buy tea at the pump and sell at the pump,

I think you made an unintentional mistake here.
It can be profitable to buy during price dumps and sell during pumps to trade. But that's easier said than done, because predicting Bitcoin price is not only difficult, but almost impossible. You must be experienced in understanding dump timing and pump timing. Understanding Bitcoin price movement is essential for trading and having the ability to handle any situation. Keeping yourself in check is also the job of an experienced trader.
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Offline doc

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Re: Hold or sell?
« Reply #245 on: October 05, 2024, 11:41:40 AM »
buy tea at the pump and sell at the pump,

I think you made an unintentional mistake here.
It can be profitable to buy during price dumps and sell during pumps to trade. But that's easier said than done, because predicting Bitcoin price is not only difficult, but almost impossible. You must be experienced in understanding dump timing and pump timing. Understanding Bitcoin price movement is essential for trading and having the ability to handle any situation. Keeping yourself in check is also the job of an experienced trader.
Sorry for the typo because I was too sleepy last night, buy at the dip and sell at the pump. that's what I always do in every cycle to get profit even though it's not that big because I have limited capital for trading.
But by trading and observing market movements we can get profit consistently, because we know that if we only hold for the long term it is safe but the profit is smaller than trading, with the same amount of capital.

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Re: Hold or sell?
« Reply #246 on: October 11, 2024, 10:18:19 PM »
I think it's easy to be a forecaster of Bitcoin's future now. How could it be otherwise when it was returning to ATH, and automatically everyone who was worried about its growth and investing in digital gold turned out to be right. Even Kiyosaki)
Nevertheless, faith in Bitcoin is important when it is in a strong fall. As is investing in it at such a moment. When there is panic all around and articles about how Bitcoin is dead. Again)
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Re: Hold or sell?
« Reply #246 on: October 11, 2024, 10:18:19 PM »


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Re: Hold or sell?
« Reply #247 on: October 11, 2024, 11:56:59 PM »
There are many strategies that we can do in investing, some are just holding long term and some are trading. Buying during correction and selling when it increases, this can be done by following market movements, and I think this is the most effective strategy.
I just know that trading has many strategies, but for investment I think we almost have the same strategy. In investment, we just need to buy in the low price and sell in the higher price. There is nothing better strategy, it is the only effective strategy. But it is not easy to hold the coins for a long term, many people aren't patient to hold a long time. Sometimes, following the update news can make us to feel worried if we have no proper knowledge. So, the point is to have good knowledge in investment.  :D

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Offline SmartGold01

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Re: Hold or sell?
« Reply #248 on: October 19, 2024, 02:49:06 PM »
Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

Lot of people with their target on how they wanna hold bitcoin, some wishes the price to hit 100k so they could sell of their holding and take profits, while some people would hold for decades provided the price kept increasing it gives them joy to hold longer. But when price is declining they wouldn't think to buy because they had already reached their investment limits and just hoping for the price to increase so that they would take profits of what they had invested initially.

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Re: Hold or sell?
« Reply #249 on: October 19, 2024, 05:12:31 PM »
Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

Lot of people with their target on how they wanna hold bitcoin, some wishes the price to hit 100k so they could sell of their holding and take profits, while some people would hold for decades provided the price kept increasing it gives them joy to hold longer. But when price is declining they wouldn't think to buy because they had already reached their investment limits and just hoping for the price to increase so that they would take profits of what they had invested initially.
I also have a friend who has been holding old bitcoins in his wallet and not selling the bullish top every 4 years, he did that because he wanted to invest long term maybe up to 10 years or more because two have gone through 2 4-year cycles but still haven't sold the bitcoin, maybe because he has a lot of money :D
While I am a typical investor who will sell all my crypto assets during the bullish season and buy them back when it is bearish.

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Re: Hold or sell?
« Reply #250 on: October 19, 2024, 08:22:27 PM »
Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

Lot of people with their target on how they wanna hold bitcoin, some wishes the price to hit 100k so they could sell of their holding and take profits, while some people would hold for decades provided the price kept increasing it gives them joy to hold longer. But when price is declining they wouldn't think to buy because they had already reached their investment limits and just hoping for the price to increase so that they would take profits of what they had invested initially.

To get profit by investing in Bitcoin, you must hold for a long period of time. If one invests in Bitcoin for a short period of time, he will never make a profit but face a loss. To get profit by investing, you must have patience and for a certain period of time.  Invest and wait. Only those who can wait and hold the invested bitcoins will get profit and if they lose patience and sell them after investing, they will never be able to make a profit. We have to be careful. Sometimes the market condition is very bad.  You will never be disappointed by seeing them.

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Re: Hold or sell?
« Reply #251 on: October 19, 2024, 09:27:55 PM »
Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

Lot of people with their target on how they wanna hold bitcoin, some wishes the price to hit 100k so they could sell of their holding and take profits, while some people would hold for decades provided the price kept increasing it gives them joy to hold longer. But when price is declining they wouldn't think to buy because they had already reached their investment limits and just hoping for the price to increase so that they would take profits of what they had invested initially.

To get profit by investing in Bitcoin, you must hold for a long period of time. If one invests in Bitcoin for a short period of time, he will never make a profit but face a loss. To get profit by investing, you must have patience and for a certain period of time.  Invest and wait. Only those who can wait and hold the invested bitcoins will get profit and if they lose patience and sell them after investing, they will never be able to make a profit. We have to be careful. Sometimes the market condition is very bad.  You will never be disappointed by seeing them.
The current time is the time of holding and those who hold now will be gainers.  Because after Bitcoin halving it is time for Bitcoin to hit ATH.  And those who invest in Bitcoin now and wait until the US election if Donald Trump is elected will get huge profits.  But it cannot be guaranteed that Donald Trump will be elected there so there remains some risk.  And no one can guarantee profit by investing in Cryptocurrency or Bitcoin, so you have to invest there with your own responsibility.  However, there is a very high probability of a major bull run in Bitcoin
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Re: Hold or sell?
« Reply #252 on: October 20, 2024, 01:18:02 PM »
Many of us are eagerly waiting for Bitcoin to hit $100k. Are you planning to sell after Bitcoin hits $100k? Or are you planning to make your investment last longer?

Lot of people with their target on how they wanna hold bitcoin, some wishes the price to hit 100k so they could sell of their holding and take profits, while some people would hold for decades provided the price kept increasing it gives them joy to hold longer. But when price is declining they wouldn't think to buy because they had already reached their investment limits and just hoping for the price to increase so that they would take profits of what they had invested initially.

To get profit by investing in Bitcoin, you must hold for a long period of time. If one invests in Bitcoin for a short period of time, he will never make a profit but face a loss. To get profit by investing, you must have patience and for a certain period of time.  Invest and wait. Only those who can wait and hold the invested bitcoins will get profit and if they lose patience and sell them after investing, they will never be able to make a profit. We have to be careful. Sometimes the market condition is very bad.  You will never be disappointed by seeing them.
The current time is the time of holding and those who hold now will be gainers.  Because after Bitcoin halving it is time for Bitcoin to hit ATH.  And those who invest in Bitcoin now and wait until the US election if Donald Trump is elected will get huge profits.  But it cannot be guaranteed that Donald Trump will be elected there so there remains some risk.  And no one can guarantee profit by investing in Cryptocurrency or Bitcoin, so you have to invest there with your own responsibility.  However, there is a very high probability of a major bull run in Bitcoin
Now is indeed a curious time for those who prefer to wait and are ready to stay still for weeks and months, as all the interested profits are still to come. Since market cycles have relative to halving events followed by price booms, there are targets set by investors to see Bitcoin reaching a new ATH level later this year or early next year. Another important factor that also has potential influence on the market is the external factors – for instance, the US presidential election, which may differ the market in the case of the corresponding economic policies promote digital assets.

But let’s not forget that we must be always reasonable and remember that the cryptocurrency market is unpredictable. It is understood that regarding political conditions or price movements the conditions are unlikely to be fully favorable and investors proceed with their eyes open. Though the chances of a period of strength in Bitcoin are pretty high, the asset may be worth considering for investment.

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Re: Hold or sell?
« Reply #253 on: October 20, 2024, 02:18:43 PM »

The current time is the time of holding and those who hold now will be gainers.  Because after Bitcoin halving it is time for Bitcoin to hit ATH.  And those who invest in Bitcoin now and wait until the US election if Donald Trump is elected will get huge profits.  But it cannot be guaranteed that Donald Trump will be elected there so there remains some risk.  And no one can guarantee profit by investing in Cryptocurrency or Bitcoin, so you have to invest there with your own responsibility.  However, there is a very high probability of a major bull run in Bitcoin
Agree this is the time to hold on and wait it seems like many investors are waiting for the price of bitcoin to rise to ATH, and the US presidential election will affect the crypto market because many expect Donald Trump to win so that the price of bitcoin can soar. Trump is a businessman who supports bitcoin and we don't know what will happen whether Trump will win or lose, So waiting and holding on is the most appropriate thing for us to do right now.

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Re: Hold or sell?
« Reply #254 on: October 20, 2024, 05:31:34 PM »

The current time is the time of holding and those who hold now will be gainers.  Because after Bitcoin halving it is time for Bitcoin to hit ATH.  And those who invest in Bitcoin now and wait until the US election if Donald Trump is elected will get huge profits.  But it cannot be guaranteed that Donald Trump will be elected there so there remains some risk.  And no one can guarantee profit by investing in Cryptocurrency or Bitcoin, so you have to invest there with your own responsibility.  However, there is a very high probability of a major bull run in Bitcoin
Agree this is the time to hold on and wait it seems like many investors are waiting for the price of bitcoin to rise to ATH, and the US presidential election will affect the crypto market because many expect Donald Trump to win so that the price of bitcoin can soar. Trump is a businessman who supports bitcoin and we don't know what will happen whether Trump will win or lose, So waiting and holding on is the most appropriate thing for us to do right now.
Recent opinion polls in the US election have shown a heavy lead for Donald Trump and the price of Bitcoin is trending upwards. It is expected that Bitcoin's bullish value should have significant significance in the run-up to the US election and holders are showing more buying tendencies. I think bitcoin is very likely to touch ATH within this month so every investor should take care of holding with maximum patience and tend to accumulate more. The tendency to deposit bitcoins regardless of value should increase.
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