some sacrifices have to be made

[bitterguy28]

if you have been in the community long enough you know well by now that there are different kinds of investors based on how they handle their coins and how they plan to take profit some people hold their coins indefinitely no matter what they will keep holding their coins some people hold their coins only on definite amount of time and takes profit when they deem the price to be high enough or if they are satisfied with the profit they have made

those people who sell during high prices tend to re-buy when the market dips now we know that there is no fool proof plan in investing and sometimes it happens that we regret our decisions it is not that uncommon for someone to sell at a wrong time aka where the price is not yet at the highest now some people would try to get back on the market and buy when the price is high due to fomo but then the market crashes and its an even bigger loss for them than what they had in the first place

but my idea here is when it comes to bitcoin where you are sure that it will rise again in the future, should you just buy even at a high price? yes maybe you will lose some money since you are buying at a higher price than you intended but would it not be worth it anyway? do you think this kind of sacrifice is okay or is it just another case of being greedy?

i want to hear your perspective.

[tequilla_sunset]

If you intend to hold up to the next cycle - clearly, buy at any price and be happy.
If not - just buy at the dips and the correction especially, and don't mourn the prices that were there if you didn't catch what you wanted.
It's going to be great in any case with BTC.

[hugeblack]

yes maybe you will lose some money since you are buying at a higher price than you intended but would it not be worth it anyway? do you think this kind of sacrifice is okay or is it just another case of being greedy?

It depends on your investment and trading strategy. If you are a short-term trader, yes, such a risk may be good to provide more liquidity, which means more profits. However, if you are a beginner or your emotions control you, it is better not to do this.

[Freemind]

~snip~
but my idea here is when it comes to bitcoin where you are sure that it will rise again in the future, should you just buy even at a high price? yes maybe you will lose some money since you are buying at a higher price than you intended but would it not be worth it anyway? do you think this kind of sacrifice is okay or is it just another case of being greedy?

As has always been said, without sacrifice there is no victory, the important thing in that is what each person understands by sacrifice. Over the years I've been in cryptocurrencies, I've made some of the mistakes you mention, but I do not regret my past actions, since they have made me learn many other things. Thanks to that I have obtained a more critical and focused point of view.

One of your questions is whether we should buy Bitcoin even at a high price. Well, just as no one could imagine or know that Bitcoin would reach $10 in 2011 (I'm sure $10 surprised a lot of people like $100,000 surprises us today), we don't know what will come in the future. But I think it's clear that the current value will also seem small to us at some point. So yes, I think we should buy Bitcoin, even in small quantities. DYOR.

As for greed, it is something we should keep away from ourselves because the greedier we are, the sooner we will probably end up bankrupt. We must differentiate what we need and what we want, they are always very different things.

[Azharul]

Yes, I think that sacrificing is also a best way to improve in crypto currency market. We also believe that if we want to invest in bitcoin, when market is already achieve best position. I think that it will be little losses for us. But when the crypto currency market will be very down, then if we want to invest it will be very prefer for us. But we also believe that sometimes we noticed that few losses will face for us. So for best profit sometimes we noticed some sacrificing in crypto currency market. I think that it will be very simple matter in crypto currency world.

[libert19]

..but my idea here is when it comes to bitcoin where you are sure that it will rise again in the future, should you just buy even at a high price? yes maybe you will lose some money since you are buying at a higher price than you intended but would it not be worth it anyway? do you think this kind of sacrifice is okay or is it just another case of being greedy?

i want to hear your perspective.

I wouldn't buy BTC at current prices, I know it'll come down once the bullish phase ends, my buys will start from $60k and below.

Though, there are people who do DCA into coins they like regularly irrespective of prices.

[0t3p0t]

It is only acceptable for me if I can hodl that long I mean the four year cycle  or even just a year or two. But if not then taking profit every single rise like how traders do is a must and from that perspective then it isn't an option buying at the top I should atleast wait for pullbacks before jumping in.

[target]

 
Investors are trying to make profit as much as possible. From what I have read, they only DCA during the bull season. Buying BTC while price is high and the chart says its on ATH, that investor is if going to lose more if he doesn't sell.

I have been in such situation and crypto market is going to punish those investors until they regret buying at that price. You sacrifice so others will make money? Thats very noble. No one does that.

[rdluffy]

This is my third cycle, I've been here since 2017 and I've been through 2 big crashes, I've lost Bitcoin on an exchange, I've seen my portfolio fall by 90%, so I think I've passed the sacrifice part hehehe 

Today with Bitcoin I have a good part that I'll keep on hold for years to come
A small part I can use to get more satoshis, but with caution
It's very difficult to hit the top or the bottom. We saw what happened to those who waited for BTC to fall to 12k before buying back in a few months ago.

[taufik123]

Looking at how the trend is happening when Bitcoin is bullish, it is a high price and if it forces continuing buying it is because you are affected by FOMO.

It's a good idea to buy when the price is correcting or consolidating, because when it corrects and reaches the lowest support point, it is the best time to buy.

A sacrifice is not necessary when you know how to buy and don't just get swayed by FOMO that ends up trapping prices too high.
I always have a guideline to not be affected by FOMO and wait patiently for a proper purchase when a correction actually occurs.

[Baofeng]

You can buy at high price, but you have to wait for little longer to realized profits unlike when you bought at at lower price and time the market. Yes, there are no fool proof strategies, but at least tailor fit it o how much money you are willing to invest and obviously what's your perspective, whether to go short or long term.

The long term mindset you have the better in my opinion. And you will also be tested many times, but I think if you are strong mentally, you are going to survived here, thus making you a good investor base on that experience.

[Zed0X]

I find it foolish to re-buy at a higher price when you already sold it. You don't have to sacrifice what you've already gained because there are still cycles even for BTC. In case you felt regret for selling everything too early, just remember that nobody got poorer for taking profit. Be patient when to re-enter the market and have a better plan next time.

[electronicash]

This is my third cycle, I've been here since 2017 and I've been through 2 big crashes, I've lost Bitcoin on an exchange, I've seen my portfolio fall by 90%, so I think I've passed the sacrifice part hehehe 

Today with Bitcoin I have a good part that I'll keep on hold for years to come
A small part I can use to get more satoshis, but with caution
It's very difficult to hit the top or the bottom. We saw what happened to those who waited for BTC to fall to 12k before buying back in a few months ago.

there is a reason why they keep telling us to buy low sell high because that's how traders should do like its the first commandments of moses.

the guys who made profit the time when their first bull run happen and still keep holding i think are already unafraid whether where the market will go. some are just made a lot of USD from the martyrs who bought at high price and they they will pray the market to fall so deep too so they could buy more coins.

[vegasus]

For Bitcoin, I personally am much more confident compared to altcoins. Therefore, with some strategies that may be very suitable for us, making these sacrifices is still worth it, as long as the market is not really at its peak bull. Well in this case, keep adjusting to our strategy, and never regret anything we decide. Then, take all possible advantages on Bitcoin, yes it is necessary.

In this case, I personally set the selling price of Bitcoin at a certain increase. And if it is felt that the increase on that day is high enough, then I sell some, only some, not all in to sell. Well this is intended to prepare for the next correction. Because in the Bitcoin market, after a significant increase, there will usually be a correction. And that's when it becomes our opportunity to buy Bitcoin when the price drops quite a bit. Then, hold for a while to set profits at a certain rate again. I know this requires more efforts and confidence, but stay strong and don't ever regret the strategy I'm doing. It's my decision and I shouldn't regret it.

[TomPluz]

...but my idea here is when it comes to bitcoin where you are sure that it will rise again in the future, should you just buy even at a high price? yes maybe you will lose some money since you are buying at a higher price than you intended but would it not be worth it anyway?

Yes, there is no problem with the idea, that is if you got some stock of money 96Kleft in your pocket buy anytime at any price and the market would be so happy for it. Now, if you are poor as me, I would always watch when there is a dip so that I can save. Just like right now, the price of Bitcoin is at $96K after it reached more than $100K few days ago...there is a small dip so today can be the right time to buy compared to yesterday. And I think if one is a Bitcoin watcher of its ups and downs we are already aware of this pattern and one must take advantage of the opportunity.