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Author Topic: Hold or sell?  (Read 39002 times)

Offline rizqillah

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Re: Hold or sell?
« Reply #465 on: February 07, 2025, 10:02:33 PM »
Well, but that requires knowledge so that we know when the best time is, it is easy to say buy when the price is low, hold and sell when the price is at the top. But in practice it is not that easy.

We can outsmart this by doing DCA, where when we do DCA then we don't need to worry when the price goes down, because we can buy it again. This is what many people do and it has proven to work.

That's why we need to buy no matter the price or target the price we want - but in reality, the result would remain positive if we hodl appropriately.
As long as you can hold it and it is bitcoin then the chances are you will be able to make a profit, it's just that the time needed may be longer than it should be. I'm sure you know what I mean.

The thing to note is preparation when we experience something bad happening, we must be able to ensure that our finances remain safe for the long term.
This is the main point, we must ensure that our finances are safe and will not be disturbed if we decide to hold long-term, because this requires reserve money that is needed at any time for sudden needs.
I always keep reserve money in FIAT so as not to interfere with my crypto assets. because the need will always be there and we don't know what will happen to the crypto market.

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Re: Hold or sell?
« Reply #465 on: February 07, 2025, 10:02:33 PM »

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Offline dekafee79

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Re: Hold or sell?
« Reply #466 on: February 07, 2025, 10:28:09 PM »

Greedy. This is something that must always be avoided because it can change the planning that has been prepared, it can fail because of this, and I really agree with what you said, that after reaching the predetermined target, finish and end it, so that you don't delay it, so that you don't get what you want.
Agree, that buying when the price is low and selling when the price is high, but in practice, it can be incompatible and, finally, no action is taken because you are not confident with the situation.
Greedy is something that is natural and we often experience. That's why it is recommended that we always be consistent with the targets and plans that we have prepared. It is not easy to control emotions when investing or trading because seeing the rising market, we will feel greedy and want greater profits.

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Re: Hold or sell?
« Reply #466 on: February 07, 2025, 10:28:09 PM »

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Offline ajiz138

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Re: Hold or sell?
« Reply #467 on: February 08, 2025, 03:53:39 PM »
As long as you can hold it and it is bitcoin then the chances are you will be able to make a profit, it's just that the time needed may be longer than it should be. I'm sure you know what I mean.

The thing to note is preparation when we experience something bad happening, we must be able to ensure that our finances remain safe for the long term.
This is the main point, we must ensure that our finances are safe and will not be disturbed if we decide to hold long-term, because this requires reserve money that is needed at any time for sudden needs.
I always keep reserve money in FIAT so as not to interfere with my crypto assets. because the need will always be there and we don't know what will happen to the crypto market.
We must have a reserve fund, so at one time we invest and we save with fiat money. How much it is depends on us and adjusts according to our abilities.

This is the safest way in my opinion, because by having a reserve fund, it allows us not to disrupt our investment in an unfriendly situation. Not wanting, but preparing it is much better, right?

Online enwi

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Re: Hold or sell?
« Reply #468 on: February 08, 2025, 11:59:08 PM »

Greedy. This is something that must always be avoided because it can change the planning that has been prepared, it can fail because of this, and I really agree with what you said, that after reaching the predetermined target, finish and end it, so that you don't delay it, so that you don't get what you want.
Agree, that buying when the price is low and selling when the price is high, but in practice, it can be incompatible and, finally, no action is taken because you are not confident with the situation.
Greedy is something that is natural and we often experience. That's why it is recommended that we always be consistent with the targets and plans that we have prepared. It is not easy to control emotions when investing or trading because seeing the rising market, we will feel greedy and want greater profits.
It is very hard to control emotions when investing or trading basically due to the movement and more so when the profit outlook is increasing. They want to achieve more and more and so they are tempted to set aside the plan that has been prepared beforehand. It is therefore important to set goals very well and ensure that one is very disciplined to see that he or she does not develop a reckless decision on a particular venture. Thus, following up the created strategy it will be possible to provide the balance of the profit and the further risks, which means that the decision making will not depend on the certain emotional states but the more mature estimations.

Offline erus

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Re: Hold or sell?
« Reply #469 on: February 09, 2025, 05:03:26 AM »
OP said that before Bitcoin reached 100,000 dollars, he really hoped it would reach 100,000 dollars, but now Bitcoin has passed 100,000 dollars and I am sure OP is still holding that Bitcoin.

Quote
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?

If I have 2 Bitcoins and at that time the price of Bitcoin is around 52,000-62,000 dollars and when Bitcoin reaches 100,000 dollars then I will definitely sell it immediately without further ado.
Remember, the price increase from 52,000 dollars to 100,000 dollars is a very extraordinary increase because it is 99% up and that is the profit that is visible.
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Offline dekafee79

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Re: Hold or sell?
« Reply #470 on: February 09, 2025, 06:14:00 PM »

We must have a reserve fund, so at one time we invest and we save with fiat money. How much it is depends on us and adjusts according to our abilities.

This is the safest way in my opinion, because by having a reserve fund, it allows us not to disrupt our investment in an unfriendly situation. Not wanting, but preparing it is much better, right?
that is what crypto investors should do, where they should have a reserve fund stored and USD or FIAT. because if you don't have it will interfere with our crypto investment, I agree with you.
There will always be needs, especially emergency needs that must be met immediately. and the crypto market is very volatile.

Offline UNIVERSE

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Re: Hold or sell?
« Reply #471 on: February 09, 2025, 11:19:26 PM »
that is what crypto investors should do, where they should have a reserve fund stored and USD or FIAT. because if you don't have it will interfere with our crypto investment, I agree with you.
There will always be needs, especially emergency needs that must be met immediately. and the crypto market is very volatile.
Indeed. Ideally, we must have enough money for basic necessities and we have savings for the future. If we already fulfill these things, we can try to have investment. Sure, it won't be a wise way that we put all our money in investment. It is because investment may take a long time to take profits. In crypto investment, most people may take profits after 3-4 years. It will be very bad if we have no enough money for daily needs.


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Re: Hold or sell?
« Reply #471 on: February 09, 2025, 11:19:26 PM »


Offline itscryzie

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Re: Hold or sell?
« Reply #472 on: February 11, 2025, 05:54:21 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?

If Bitcoin hits $100k, I’ll probably sell some to lock in profits but keep most of it for the future. Bitcoin could keep growing, and I don’t want to miss out. I might also diversify to reduce risks.

Offline doc

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Re: Hold or sell?
« Reply #473 on: February 11, 2025, 10:30:54 PM »
that is what crypto investors should do, where they should have a reserve fund stored and USD or FIAT. because if you don't have it will interfere with our crypto investment, I agree with you.
There will always be needs, especially emergency needs that must be met immediately. and the crypto market is very volatile.
Indeed. Ideally, we must have enough money for basic necessities and we have savings for the future. If we already fulfill these things, we can try to have investment. Sure, it won't be a wise way that we put all our money in investment. It is because investment may take a long time to take profits. In crypto investment, most people may take profits after 3-4 years. It will be very bad if we have no enough money for daily needs.
indeed we must have money for daily needs, at least have savings for emergency needs so that our investment is not disturbed. I agree with this opinion. Because investing in crypto takes a long time, usually we follow a 4-year cycle, it takes about 3-4 years to get maximum profit.

Offline debra

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Re: Hold or sell?
« Reply #474 on: February 11, 2025, 11:45:49 PM »
It is very hard to control emotions when investing or trading basically due to the movement and more so when the profit outlook is increasing. They want to achieve more and more and so they are tempted to set aside the plan that has been prepared beforehand. It is therefore important to set goals very well and ensure that one is very disciplined to see that he or she does not develop a reckless decision on a particular venture. Thus, following up the created strategy it will be possible to provide the balance of the profit and the further risks, which means that the decision making will not depend on the certain emotional states but the more mature estimations.
For the experienced people, it won't be so hard to control their emotion or their greed. It is because they already experienced the same conditions many times. Those people who get difficulty to control emotion, they must be beginners or newbies. I'm sure you have enough knowledge to understand it, so you can calm your emotion and feel with realistic way. That's why we must always do analysis and stick with our targets.


Offline pawel7777

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Re: Hold or sell?
« Reply #475 on: February 11, 2025, 11:57:48 PM »
Aaand we have another dip.
Earlier this morning it all looked like Bitcoin was ripe and ready to return to the above $100k (and maybe finally start another rally to the new ATH), with the price comfortably sailing over $98k but, unexpectedly, things went south again and we dipped below $95k.
I don't know if it's just me, but it's starting to smell like manipulation. I can't imagine retail would be dumping en masse at this price range, given we were much above this multiple times recently. It just looks artificial.

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Re: Hold or sell?
« Reply #476 on: February 13, 2025, 09:52:43 PM »

I don't know if it's just me, but it's starting to smell like manipulation. I can't imagine retail would be dumping en masse at this price range, given we were much above this multiple times recently. It just looks artificial.

Manipulation has all been part of the market ever since because some whales are moving to make profits. So far as of this writing, Bitcoin is still at the $96k level with 0.01% changes in the last seven days; hopefully there will be positive changes and Bitcoin will reach the $100k level again.
Its pretty stable even though those tariffs war issues persist and have a slight impact in the market
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Offline Gurujebs

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Re: Hold or sell?
« Reply #477 on: February 13, 2025, 10:00:32 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?

If Bitcoin hits $100k, I’ll probably sell some to lock in profits but keep most of it for the future. Bitcoin could keep growing, and I don’t want to miss out. I might also diversify to reduce risks.

Well, that's your own opinion but Bitcoin has hit that price multiple times but some people don't really see it as the barrier form our bull run. You see that thing everyone is fighting right, as soon crypto becomes a legal tender in the US, that $100k will be the next $10k we used to see back then, that's why it's good to always hold.

There is always a regret that comes with when you miss the bull run, I don't know if I'm the only person that made the feel that way but it's not easy to see people in profits while you are holding a stable coin, it's better it remain in coins and not stable coins.
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Offline bounceback

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Re: Hold or sell?
« Reply #478 on: February 13, 2025, 10:16:04 PM »
Aaand we have another dip.
Earlier this morning it all looked like Bitcoin was ripe and ready to return to the above $100k (and maybe finally start another rally to the new ATH), with the price comfortably sailing over $98k but, unexpectedly, things went south again and we dipped below $95k.
I don't know if it's just me, but it's starting to smell like manipulation. I can't imagine retail would be dumping en masse at this price range, given we were much above this multiple times recently. It just looks artificial.
Still not stable yet with bitcoin price since crashing under $100k last several days ago how difficulty break back above $100k, after raising up to $98k in this early morning right now bitcoin have going back again to lower price $96k just existing for short term only how bitcoin get correction again.
During have not any good news yet looks bitcoin will stable under $100k and this month almost difficult to see with bitcoin possibility will raise up again or hit new ATH after latest new ATH above $108k last month ago.

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Re: Hold or sell?
« Reply #479 on: February 13, 2025, 11:22:39 PM »
It is very hard to control emotions when investing or trading basically due to the movement and more so when the profit outlook is increasing. They want to achieve more and more and so they are tempted to set aside the plan that has been prepared beforehand. It is therefore important to set goals very well and ensure that one is very disciplined to see that he or she does not develop a reckless decision on a particular venture. Thus, following up the created strategy it will be possible to provide the balance of the profit and the further risks, which means that the decision making will not depend on the certain emotional states but the more mature estimations.
For the experienced people, it won't be so hard to control their emotion or their greed. It is because they already experienced the same conditions many times. Those people who get difficulty to control emotion, they must be beginners or newbies. I'm sure you have enough knowledge to understand it, so you can calm your emotion and feel with realistic way. That's why we must always do analysis and stick with our targets.
Yes, experience does matter in a great way when it comes to the control of emotions when making choices. If one is to base all the actions on soberness of mind, it is certain that he is going to get the results as expected. This is because whenever there is pressure, most of them are forced to act without enough thinking. Yet it is possible to be calmer in the case if we keep on training ourselves and if we manage to learn from the various conditions which have been experienced. Thus, it is wise to have identified goals and not develop a tendency of rushing into decisions that will be binding because this way we will be in a bet ter position to influence various change, which may occur in future.

 

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