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Author Topic: Hold or sell?  (Read 39288 times)

Offline dekafee79

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Re: Hold or sell?
« Reply #270 on: November 08, 2024, 11:26:45 PM »
Looking at the market situation it seems that good things are waiting for us next year now we have to hold the invested coins. If we think of investing now it will be a big fool for us because all the coins in the market have started increasing in price so stop investing now.  Must be. We must wait and see how the market situation plays out to get something better next year. All the coins rise on the price of Bitcoin so it is expected that if the price of Bitcoin goes up, the price of all the coins will increase several times.
Yes, don't be too affected by FOMO because the price is still quite high right now.
So wait until the price starts to correct or consolidate, usually those who panic to buy are those who are impatient and don't know how the crypto market works, so they get the price too high.
FOMO sometimes misleads us, so we should observe and make an analysis. By understanding the character of the crypto market we will know and not be affected by FOMO.
We don't need to rush to buy, wait for the market to correct then we can buy at a lower price, don't buy because of FOMO.

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Re: Hold or sell?
« Reply #270 on: November 08, 2024, 11:26:45 PM »

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Offline debra

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Re: Hold or sell?
« Reply #271 on: November 08, 2024, 11:40:49 PM »
FOMO sometimes misleads us, so we should observe and make an analysis. By understanding the character of the crypto market we will know and not be affected by FOMO.
We don't need to rush to buy, wait for the market to correct then we can buy at a lower price, don't buy because of FOMO.
Yes, FOMO is not a good thing. To avoid FOMO, we must do analysis or research. In this way, we decide anything based on realistic matter. We must be careful with FOMO because it leads to big losses. Many newbies or newcomers end up with losing huge money because they follow FOMO. They buy hype coins but they don't know anything about the coins. This case mostly happens in new meme coins.


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Re: Hold or sell?
« Reply #271 on: November 08, 2024, 11:40:49 PM »

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Offline BitMaxz

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Re: Hold or sell?
« Reply #272 on: November 09, 2024, 12:18:49 AM »
Yes, FOMO is not a good thing. To avoid FOMO, we must do analysis or research. In this way, we decide anything based on realistic matter. We must be careful with FOMO because it leads to big losses. Many newbies or newcomers end up with losing huge money because they follow FOMO. They buy hype coins but they don't know anything about the coins. This case mostly happens in new meme coins.
News these days is actually attracting you to buy more BTC, but it's too risky if you follow those who make FOMO. Actually, we are not missing any opportunity if you sold your coins on the recent retest at $73k you shouldn't be worried if the price breaks above that price.
I believe there's a retracement or correction, like he said that is the time we should buy and hold and wait for $100k until next year.
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Re: Hold or sell?
« Reply #273 on: November 09, 2024, 09:43:39 AM »
Actually there is nothing wrong selling bitcoin when we think the price has increased and if we sell there is other greater opportunity to buy at lower price, then also take another good chance to sell at higher price maybe targeting another bull run season.
You know many people thought selling their holdings is a waste of resources but if there is enough profits selling is not bad than holding while the price fall below our entry points.
When one learns how the crypto market is, the time to sell at a high price(bull run) and the time to also buy at a low price(bearish market). They would like to sell their Bitcoin holdings when it is at a high price and buy back when it is at a low price since there are four years of halving season, made up of two years of bull run and two years of bear season
Yes I know, for those who are looking for fast profits because when you want to keep holding and there may be some little changes in the market that you would want to fish some profits from your investment, and you could just push some for quick gain after which you buy back.

Taking example from from when bitcoin hit 72k and later drop down to 67k, at that point someone can actually make cool profits within that short periods. That is only for smart investors or traders because newbies can't afford to make that move so quickly since the market is too sensitive.

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Re: Hold or sell?
« Reply #274 on: November 09, 2024, 09:23:08 PM »
-snip-
We don't need to rush to buy, wait for the market to correct then we can buy at a lower price, don't buy because of FOMO.
Everyone should be aware of the dangers of FOMO and yes you have to be patient enough to wait for the price to drop then buy back.
Every market will experience a correction or consolidation, so it is the right moment to buy back.

FOMO will only make people buy at a high price but then panic and sell at a low price.
Buying because FOMO will only make the buyer stressed when the price continues to fall, but to save the position, it is necessary to use reserve money to buy back at a lower price so that the average purchase is smaller.

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Re: Hold or sell?
« Reply #275 on: November 09, 2024, 10:44:37 PM »
Well the way you ask your question seems like they've hinted that Bitcoin is going to have it's increase limit at a maximum of $100k.
Well I think currently holding is the best thing to do. And you can sell if only you find another place to buy it cheaper for replacement or you have enough of it. The fact that Bitcoin is unpredictable makes it very interesting.
It's a game of mind.
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Offline rizqillah

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Re: Hold or sell?
« Reply #276 on: November 10, 2024, 11:11:46 PM »
-snip-
We don't need to rush to buy, wait for the market to correct then we can buy at a lower price, don't buy because of FOMO.
Everyone should be aware of the dangers of FOMO and yes you have to be patient enough to wait for the price to drop then buy back.
Every market will experience a correction or consolidation, so it is the right moment to buy back.

FOMO will only make people buy at a high price but then panic and sell at a low price.
Buying because FOMO will only make the buyer stressed when the price continues to fall, but to save the position, it is necessary to use reserve money to buy back at a lower price so that the average purchase is smaller.
buying during FOMO should be avoided because if you sell too late you will lose your money, because of course you will be trapped at a high price. Make observations and make the right analysis of the coins you are going to buy, and avoid buying coins during FOMO because if we do not have experience there, of course the risk will be high.

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Re: Hold or sell?
« Reply #276 on: November 10, 2024, 11:11:46 PM »


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Re: Hold or sell?
« Reply #277 on: November 10, 2024, 11:54:13 PM »
News these days is actually attracting you to buy more BTC, but it's too risky if you follow those who make FOMO. Actually, we are not missing any opportunity if you sold your coins on the recent retest at $73k you shouldn't be worried if the price breaks above that price.
I believe there's a retracement or correction, like he said that is the time we should buy and hold and wait for $100k until next year.
Agree, it is too risky to buy Bitcoin now. We must be patient to wait for the big correction. Sure, it is not impossible that the price of Bitcoin will drop again below $75k in the next few days/weeks. It will be safer if we wait for the correction than we must force ourselves to buy Bitcoin nowadays. Before Bitcoin continues its rally to $90k-$100k, I'm sure we will have some corrections. The news of Trump's win won't guarantee the price always increasing. There should be time for correction, it is how the market works.

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Re: Hold or sell?
« Reply #278 on: November 11, 2024, 05:28:54 AM »
Agree, it is too risky to buy Bitcoin now. We must be patient to wait for the big correction. Sure, it is not impossible that the price of Bitcoin will drop again below $75k in the next few days/weeks. It will be safer if we wait for the correction than we must force ourselves to buy Bitcoin nowadays. Before Bitcoin continues its rally to $90k-$100k, I'm sure we will have some corrections. The news of Trump's win won't guarantee the price always increasing. There should be time for correction, it is how the market works.

Even a correction to the level of $71-73k wouldn't be something surprising, considering the high volatility that has been observed in the market in recent days. The alternative to this, as it seems to me, could be a short consolidation at the level where BTC is trading now, i.e. around $80-81k, and we should expect another upward impulse only after that.
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Re: Hold or sell?
« Reply #279 on: November 11, 2024, 11:03:23 PM »
Looking at the market situation it seems that good things are waiting for us next year now we have to hold the invested coins. If we think of investing now it will be a big fool for us because all the coins in the market have started increasing in price so stop investing now.  Must be. We must wait and see how the market situation plays out to get something better next year. All the coins rise on the price of Bitcoin so it is expected that if the price of Bitcoin goes up, the price of all the coins will increase several times.
Yes, don't be too affected by FOMO because the price is still quite high right now.
So wait until the price starts to correct or consolidate, usually those who panic to buy are those who are impatient and don't know how the crypto market works, so they get the price too high.
FOMO sometimes misleads us, so we should observe and make an analysis. By understanding the character of the crypto market we will know and not be affected by FOMO.
We don't need to rush to buy, wait for the market to correct, then we can buy at a lower price. Don't buy because of FOMO.
Not Investing out of FOMO is the kind of advice most people need now because many investors are longing to have a rush of investment with borrowed money or money they can't afford to lose, all because they want to be among those who makes huge profits from crypto, without analyzing the market. However, it's quite okay to have such a plan but let it be done with the level of good timing so that you can smile that you entered the crypto market when it was experiencing correction not when it was already skyrocketing

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Re: Hold or sell?
« Reply #280 on: November 11, 2024, 11:25:08 PM »
Agree, it is too risky to buy Bitcoin now. We must be patient to wait for the big correction. Sure, it is not impossible that the price of Bitcoin will drop again below $75k in the next few days/weeks. It will be safer if we wait for the correction than we must force ourselves to buy Bitcoin nowadays. Before Bitcoin continues its rally to $90k-$100k, I'm sure we will have some corrections. The news of Trump's win won't guarantee the price always increasing. There should be time for correction, it is how the market works.

Even a correction to the level of $71-73k wouldn't be something surprising, considering the high volatility that has been observed in the market in recent days. The alternative to this, as it seems to me, could be a short consolidation at the level where BTC is trading now, i.e. around $80-81k, and we should expect another upward impulse only after that.
correction will happen friend because seeing the fantastic bitcoin price movement right now, as if bitcoin looks strong to touch $ 100K soon. because currently bitcoin has touched ATH $ 88 K. But we see until the highest number of bitcoin prices will be reached this month, if it remains consistent until the end of the year, it means that a correction will occur early in the year. but if this month has touched the highest point, I estimate that in December we will see the price of bitcoin fall and experience a correction.

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Re: Hold or sell?
« Reply #281 on: November 12, 2024, 05:56:30 AM »
Agree, it is too risky to buy Bitcoin now. We must be patient to wait for the big correction. Sure, it is not impossible that the price of Bitcoin will drop again below $75k in the next few days/weeks. It will be safer if we wait for the correction than we must force ourselves to buy Bitcoin nowadays. Before Bitcoin continues its rally to $90k-$100k, I'm sure we will have some corrections. The news of Trump's win won't guarantee the price always increasing. There should be time for correction, it is how the market works.

Even a correction to the level of $71-73k wouldn't be something surprising, considering the high volatility that has been observed in the market in recent days. The alternative to this, as it seems to me, could be a short consolidation at the level where BTC is trading now, i.e. around $80-81k, and we should expect another upward impulse only after that.
correction will happen friend because seeing the fantastic bitcoin price movement right now, as if bitcoin looks strong to touch $ 100K soon. because currently bitcoin has touched ATH $ 88 K. But we see until the highest number of bitcoin prices will be reached this month, if it remains consistent until the end of the year, it means that a correction will occur early in the year. but if this month has touched the highest point, I estimate that in December we will see the price of bitcoin fall and experience a correction.
This pattern of price correction afterward during such a massive run-up as witnessed at the moment in Bitcoin is normal. The price of Bitcoin is quickly rising and has recently set its new high at $88K, Bitcoin demonstrated its muscles and can rebound in the near future. but all the same we have to be ready for a natural downfall of the market because nobody knows when this can happen. I still believe that there is going to be a correction in the coming months and this is just part of a very healthy cycle for Bitcoin, and this correction if we are able to recognize where it’s happening this can provide new opportunity for us to continue to support the growth of this in the coming year.

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Re: Hold or sell?
« Reply #282 on: November 13, 2024, 10:08:43 AM »
Agree, it is too risky to buy Bitcoin now. We must be patient to wait for the big correction. Sure, it is not impossible that the price of Bitcoin will drop again below $75k in the next few days/weeks. It will be safer if we wait for the correction than we must force ourselves to buy Bitcoin nowadays. Before Bitcoin continues its rally to $90k-$100k, I'm sure we will have some corrections. The news of Trump's win won't guarantee the price always increasing. There should be time for correction, it is how the market works.

Even a correction to the level of $71-73k wouldn't be something surprising, considering the high volatility that has been observed in the market in recent days. The alternative to this, as it seems to me, could be a short consolidation at the level where BTC is trading now, i.e. around $80-81k, and we should expect another upward impulse only after that.
correction will happen friend because seeing the fantastic bitcoin price movement right now, as if bitcoin looks strong to touch $ 100K soon. because currently bitcoin has touched ATH $ 88 K. But we see until the highest number of bitcoin prices will be reached this month, if it remains consistent until the end of the year, it means that a correction will occur early in the year. but if this month has touched the highest point, I estimate that in December we will see the price of bitcoin fall and experience a correction.

Everyone expected the price of Bitcoin to touch $90K by the end of this year, but it did so in a few days. Those who had invested in Bitcoin can wait for this time to sell the invested Bitcoins and buy them again at a lower price.It looks like Bitcoin might be a big dump in a few days. I thought I would sell all the invested coins now and prepare to buy again when the price goes down a lot can

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Re: Hold or sell?
« Reply #283 on: November 13, 2024, 04:51:35 PM »
Everyone expected the price of Bitcoin to touch $90K by the end of this year, but it did so in a few days. Those who had invested in Bitcoin can wait for this time to sell the invested Bitcoins and buy them again at a lower price.It looks like Bitcoin might be a big dump in a few days. I thought I would sell all the invested coins now and prepare to buy again when the price goes down a lot can
and now the price of Bitcoin is touching the price of $91k++ and this is the highest ATH at the moment, then waiting for Bitcoin to reach $100k in a moment.
But if you want to sell your holdings because you feel this is going to be a big downturn, it's your choice.

Maybe I'll just sell some of it in preparation to buy it back at a cheaper price and won't sell it all because my target is still above $100k.


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Re: Hold or sell?
« Reply #284 on: November 13, 2024, 08:29:21 PM »
Everyone expected the price of Bitcoin to touch $90K by the end of this year, but it did so in a few days. Those who had invested in Bitcoin can wait for this time to sell the invested Bitcoins and buy them again at a lower price.It looks like Bitcoin might be a big dump in a few days. I thought I would sell all the invested coins now and prepare to buy again when the price goes down a lot can
and now the price of Bitcoin is touching the price of $91k++ and this is the highest ATH at the moment, then waiting for Bitcoin to reach $100k in a moment.
But if you want to sell your holdings because you feel this is going to be a big downturn, it's your choice.

Maybe I'll just sell some of it in preparation to buy it back at a cheaper price and won't sell it all because my target is still above $100k.
that's what I did by selling some of my bitcoins when the price of bitcoin had reached $ 90K.
the decision to sell when or still hold it according to each analysis and prediction, if I personally only sell part of my assets and if there is a correction I will buy back the coins that I think have good potential.

 

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