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Author Topic: Hold or sell?  (Read 39174 times)

Offline pawel7777

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Re: Hold or sell?
« Reply #420 on: December 28, 2024, 06:03:44 PM »
I have tolerance of hold in any coin I buy, I don't sell as long as I'm in a loss. Even if a project tend to be dumping more, I don't rush to sell. (...)

I understand that approach but it's not a good one. You shouldn't be focused on making a profit at all costs. You should focus on allocating your money where there's the highest chance of making a profit and on maximising your profit.
There's no virtue in holding some failed altcoin and watching it go down to the ground just because you don't want to make a loss. You lose anyway. Is much better to exit and put that money into something that has a better chance of going up.
"You don't lose until you sell" is absolute nonsense.

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Re: Hold or sell?
« Reply #420 on: December 28, 2024, 06:03:44 PM »

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Offline satpol_PP

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Re: Hold or sell?
« Reply #421 on: December 28, 2024, 06:06:05 PM »
Bitcoin is currently experiencing a correction but the price may remain above $90K and if we still have capital, we should buy bitcoin and potential altcoins to prepare for next year's bullish season. The end of year holiday season is likely to see the price of bitcoin drop again so prepare your USD.

With what i have been seeing recently concerning the bitcoin market price, there is more of being on a bullish pattern even till the last day of the year, not because we are going bearish now down to $90,000 but because the long time speculation also give the same pattern for the market moves this season, that it may firstly look like bearish before the bullrun continues in an unexpected pattern.
This is not bearish yet because the bullish top will still happen next year. In my opinion, this is just a correction after bitcoin reached ATH and we see the possibility of many investors selling their bitcoins at ATH, this is what causes the market correction because I don't read negative news. And it is possible that investors also buy back bitcoins when a correction occurs.

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Re: Hold or sell?
« Reply #421 on: December 28, 2024, 06:06:05 PM »

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Offline Rubel007

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Re: Hold or sell?
« Reply #422 on: December 28, 2024, 08:35:31 PM »
Bitcoin is currently experiencing a correction but the price may remain above $90K and if we still have capital, we should buy bitcoin and potential altcoins to prepare for next year's bullish season. The end of year holiday season is likely to see the price of bitcoin drop again so prepare your USD.

With what i have been seeing recently concerning the bitcoin market price, there is more of being on a bullish pattern even till the last day of the year, not because we are going bearish now down to $90,000 but because the long time speculation also give the same pattern for the market moves this season, that it may firstly look like bearish before the bullrun continues in an unexpected pattern.
This is not bearish yet because the bullish top will still happen next year. In my opinion, this is just a correction after bitcoin reached ATH and we see the possibility of many investors selling their bitcoins at ATH, this is what causes the market correction because I don't read negative news. And it is possible that investors also buy back bitcoins when a correction occurs.
At this level, it is easy to understand how strong the hand of a holder is. There are many investors who are hoping for a high profit but when the market is in a period of some price correction, many cannot control their emotions. They quickly take their wrong decisions to reduce their losses which are not possible to recover later. At present, the price of Bitcoin is somewhat bearish but this is the normal behavior of the market. Those who hold their Bitcoin with a strong hand at this time will definitely be able to profit more in the future.

Offline debra

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Re: Hold or sell?
« Reply #423 on: December 28, 2024, 11:39:42 PM »
This is not bearish yet because the bullish top will still happen next year. In my opinion, this is just a correction after bitcoin reached ATH and we see the possibility of many investors selling their bitcoins at ATH, this is what causes the market correction because I don't read negative news. And it is possible that investors also buy back bitcoins when a correction occurs.
I also expect that the top of bullrun will happen in the next year. That's why I am preparing my coins for the next year, I'll focus on taking profits next year. It is true, we aren't in the bearish season, we are still in the bullish season. If we are in the bearish season, the price of most crypto coins must drop very significantly.


Offline doc

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Re: Hold or sell?
« Reply #424 on: December 29, 2024, 10:51:33 PM »
This is not bearish yet because the bullish top will still happen next year. In my opinion, this is just a correction after bitcoin reached ATH and we see the possibility of many investors selling their bitcoins at ATH, this is what causes the market correction because I don't read negative news. And it is possible that investors also buy back bitcoins when a correction occurs.
I also expect that the top of bullrun will happen in the next year. That's why I am preparing my coins for the next year, I'll focus on taking profits next year. It is true, we aren't in the bearish season, we are still in the bullish season. If we are in the bearish season, the price of most crypto coins must drop very significantly.
Currently the market is only experiencing a correction after bitcoin managed to reach its ATH of $108K, so we don't need to doubt that we are entering a bearish season because the Bullish season will still occur next year.
Currently it is still bullish and will last until the middle of next year, although we will see some corrections that are normal in the crypto market.

Offline UNIVERSE

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Re: Hold or sell?
« Reply #425 on: December 29, 2024, 11:46:54 PM »
At this level, it is easy to understand how strong the hand of a holder is. There are many investors who are hoping for a high profit but when the market is in a period of some price correction, many cannot control their emotions. They quickly take their wrong decisions to reduce their losses which are not possible to recover later. At present, the price of Bitcoin is somewhat bearish but this is the normal behavior of the market. Those who hold their Bitcoin with a strong hand at this time will definitely be able to profit more in the future.
Smart investors won't think to earn profits when the market is in bearish period. Only those new investors who will think to get profits soon when it is in the bearish market. Ideally, investors must have the ability to control the emotion. Especially those long term investors, they must deal with their emotion. If they can't deal with emotion, they won't succeed to face too many FUDs and the significant change of market trends.



Offline BitMaxz

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Re: Hold or sell?
« Reply #426 on: January 02, 2025, 09:48:48 PM »
Smart investors won't think to earn profits when the market is in bearish period. Only those new investors who will think to get profits soon when it is in the bearish market. Ideally, investors must have the ability to control the emotion. Especially those long term investors, they must deal with their emotion. If they can't deal with emotion, they won't succeed to face too many FUDs and the significant change of market trends.
FUDs is just a normal thing in crypto just to influence others to panic sell. You should not be affected if you analyze the market from a technical standpoint because your fundamental analysis will influence your decision when you hear news that could lead to a panic sell.
As you can see, the price remains bullish in the long term, and there has been a significant price increase recently that we did not see during the holidays. So I guess people are just too busy celebrating New Year's and Christmas. After the holidays, the price increased from $92k to $97k. So bull season still kicking.
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Re: Hold or sell?
« Reply #426 on: January 02, 2025, 09:48:48 PM »


Offline enwi

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Re: Hold or sell?
« Reply #427 on: January 03, 2025, 08:53:49 AM »
At this level, it is easy to understand how strong the hand of a holder is. There are many investors who are hoping for a high profit but when the market is in a period of some price correction, many cannot control their emotions. They quickly take their wrong decisions to reduce their losses which are not possible to recover later. At present, the price of Bitcoin is somewhat bearish but this is the normal behavior of the market. Those who hold their Bitcoin with a strong hand at this time will definitely be able to profit more in the future.
Smart investors won't think to earn profits when the market is in bearish period. Only those new investors who will think to get profits soon when it is in the bearish market. Ideally, investors must have the ability to control the emotion. Especially those long term investors, they must deal with their emotion. If they can't deal with emotion, they won't succeed to face too many FUDs and the significant change of market trends.
When the market fluctuates, what is most required of ourselves as investors and traders is calmness. In any case, the presence of the superior cognitive performance has the positive effect in preserving the original plan of action. A slow moving market is not an indication of lack of business opportunities out there, but it is a period where market forces put our capabilities and confidence in the management decisions to the extreme challenge. Here one does not try to look for quick solutions but at the same time leaves the door open for future development that is more stable. Controlling flow of information and not panicking over every new craze is as crucial in order to keep an eye on the big picture. Anyway, FUD is always on the crypto bear’s side throughout the phase. We must also have to cope with it and not be very reactive to the first rumours that circulate and stay firm in the analysis that has been prepared.

Offline rizqillah

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Re: Hold or sell?
« Reply #428 on: January 03, 2025, 10:32:47 PM »
At this level, it is easy to understand how strong the hand of a holder is. There are many investors who are hoping for a high profit but when the market is in a period of some price correction, many cannot control their emotions. They quickly take their wrong decisions to reduce their losses which are not possible to recover later. At present, the price of Bitcoin is somewhat bearish but this is the normal behavior of the market. Those who hold their Bitcoin with a strong hand at this time will definitely be able to profit more in the future.
Smart investors won't think to earn profits when the market is in bearish period. Only those new investors who will think to get profits soon when it is in the bearish market. Ideally, investors must have the ability to control the emotion. Especially those long term investors, they must deal with their emotion. If they can't deal with emotion, they won't succeed to face too many FUDs and the significant change of market trends.
Emotional control is very much needed when investing in crypto currency because we will always be faced with FUD, but experience will make us have good emotional control.
In sluggish market conditions, it will be difficult for us to make a profit, usually I don't trade when the market is sluggish because I only buy potential coins at the lowest price and then hold them until the market is good again.

Offline alltalk

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Re: Hold or sell?
« Reply #429 on: January 04, 2025, 09:37:32 PM »
Emotional control is very much needed when investing in crypto currency because we will always be faced with FUD, but experience will make us have good emotional control.
In sluggish market conditions, it will be difficult for us to make a profit, usually I don't trade when the market is sluggish because I only buy potential coins at the lowest price and then hold them until the market is good again.
FUDs will never end, we must deal with the FUDs. If we have good knowledge, we aren't easy influenced by the FUDs. When we see any FUD, we must do analysis and check valid sources to know the truth. We don't easily make any decision without doing analysis.

Sluggish market? Do you mean "sideways"?
It is even the chance to collect more Bitcoin if the market is in sideways or declining phase. We don't need to feel afraid as long as we don't reach the peak of bullrun season.

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Offline UNIVERSE

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Re: Hold or sell?
« Reply #430 on: January 04, 2025, 11:56:13 PM »
FUDs is just a normal thing in crypto just to influence others to panic sell. You should not be affected if you analyze the market from a technical standpoint because your fundamental analysis will influence your decision when you hear news that could lead to a panic sell.
As you can see, the price remains bullish in the long term, and there has been a significant price increase recently that we did not see during the holidays. So I guess people are just too busy celebrating New Year's and Christmas. After the holidays, the price increased from $92k to $97k. So bull season still kicking.
FUD happens in every field, it is not only in crypto. Yes, it is very normal that we have FUD. I agree that we won't be influenced if we understand the nature of crypto and we realize the FUD won't last a long time. If the price of Bitcoin dropped below $95k recently, it is because people sell their Bitcoin for fiats. They need fresh money to celebrate the new year event. But now it seems increasing again gradually because everything returns to the normal condition. People are starting to buy again because they expect to see a pump during the Trump's inauguration in this month.


Offline enwi

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Re: Hold or sell?
« Reply #431 on: January 05, 2025, 07:30:50 AM »
At this level, it is easy to understand how strong the hand of a holder is. There are many investors who are hoping for a high profit but when the market is in a period of some price correction, many cannot control their emotions. They quickly take their wrong decisions to reduce their losses which are not possible to recover later. At present, the price of Bitcoin is somewhat bearish but this is the normal behavior of the market. Those who hold their Bitcoin with a strong hand at this time will definitely be able to profit more in the future.
Smart investors won't think to earn profits when the market is in bearish period. Only those new investors who will think to get profits soon when it is in the bearish market. Ideally, investors must have the ability to control the emotion. Especially those long term investors, they must deal with their emotion. If they can't deal with emotion, they won't succeed to face too many FUDs and the significant change of market trends.
Emotional control is very much needed when investing in crypto currency because we will always be faced with FUD, but experience will make us have good emotional control.
In sluggish market conditions, it will be difficult for us to make a profit, usually I don't trade when the market is sluggish because I only buy potential coins at the lowest price and then hold them until the market is good again.
In my opinion, it is very effective to be patient and not get worried by price changes of cryptocurrencies. Fluctuations in the price of a coin in the market make us feel skeptical sometimes but this is where we realize it is time to make better moves. Wanting to buy coins with high potential at low prices and then keep them until the price rises for a few percent is one reasonable way of making a profit. It is when we do not jump to conclusions and stay with the objective we have set and the outcome that is possible. Market patterns of current positions and customers must be regularised and market leaders have to evolve and constant in this way.

Offline 0t3p0t

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Re: Hold or sell?
« Reply #432 on: January 05, 2025, 07:50:32 AM »
Currently the market is only experiencing a correction after bitcoin managed to reach its ATH of $108K, so we don't need to doubt that we are entering a bearish season because the Bullish season will still occur next year.
Currently it is still bullish and will last until the middle of next year, although we will see some corrections that are normal in the crypto market.
Yeah this is just a healthy correction and take not that year 2025 is the year the Bitcoin community is waiting for due to the fact that we are now in the four year cycle. There is nothing to worry about the slight pullback that is natural when price hits new all time high as investors are taking profit at that specific level.

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Re: Hold or sell?
« Reply #433 on: January 05, 2025, 10:02:28 PM »
I have tolerance of hold in any coin I buy, I don't sell as long as I'm in a loss. Even if a project tend to be dumping more, I don't rush to sell. (...)

I understand that approach but it's not a good one. You shouldn't be focused on making a profit at all costs. You should focus on allocating your money where there's the highest chance of making a profit and on maximising your profit.
There's no virtue in holding some failed altcoin and watching it go down to the ground just because you don't want to make a loss. You lose anyway. Is much better to exit and put that money into something that has a better chance of going up.
"You don't lose until you sell" is absolute nonsense.
A big nonsense. Someone is not hodling Bitcoin, they are hodling altcoins, they expect their altcoin to recover in price and give them a maximum profit when the coin is just known as a failed project that is heading to zeroes.

Hodling a failed project is the worst thing an investor could do. It's better to hodl a coin like Bitcoin when you know that it can bounce back in price when it experiences a decline than thinking of altcoins that you don't what the future of the crypto market holds for each of them.

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Re: Hold or sell?
« Reply #434 on: January 05, 2025, 11:38:30 PM »
A big nonsense. Someone is not hodling Bitcoin, they are hodling altcoins, they expect their altcoin to recover in price and give them a maximum profit when the coin is just known as a failed project that is heading to zeroes.
Most people hold both Bitcoin and altcoins. Even, people should prioritize Bitcoin as their main assets.
Yes, it is very unfortunate that people still hold random coins from uncertain projects. Many of those altcoins end up with zero values and be delisted from exchanges.

Hodling a failed project is the worst thing an investor could do. It's better to hodl a coin like Bitcoin when you know that it can bounce back in price when it experiences a decline than thinking of altcoins that you don't what the future of the crypto market holds for each of them.
There is no way to hold the coins from failed projects. When the projects failed, they coins will be delisted very soon from all the exchanges. We don't need to dream to gain profits from the coins of failed projects. It is better to forget them, no need to hold them anymore.


 

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