Are You Seriously Thinking About Selling?

Just think about not selling when Bitcoin hit over $100K. And now you're thinking of cashing out? Lol, talk about a huge loss. Sure, the dip is frustrating, and seeing constant reds isn’t exactly a joyride. But remember the determination that kept you from selling when Bitcoin was above $100K? You gotta channel that same energy now. Stay strong. We’re all in this together. There are folks out there with even bigger stacks who are still holding on. The point of this thread is to remind all Bitcoiners that we’re still holding and not backing down now. Godspeed.

I did the same thing by myself. When Bitcoin reached 109K, I didn't sell, just hoping that Bitcoin would correct again and create another all-time high price.I was almost double the profit then, but now I'm not that much more profitable but at least I have not in loss by investment price. And here too, I will keep the hope that Bitcoin will try again for a new all-time high price and this is just a major correction in Bitcoin that is happening under the influence of whales. At the end of the day we are the hodler not the trader.

Before entering into the crypto space, and even investing in it, it’s always important to understand that the market is either going up or down, there are two movements when it comes to Bitcoin price movement. Sometimes it’ll go up and sometimes, so we gotta have that consciousness and also prepare their minds for the downturns as well as they expect the upturns too because they are absolutely inevitable.

The dip is really annoying but I'm pretty sure that it will soon correct so let's persevere to be steadfast and be patience as we are already aware that Bitcoin is volatile and subject to rise and fall. However, instead of being under pressure for the dip we should see it in different dimension as investment opportunity that we should leverage to accumulate more Bitcoin and hold for long term to maximize our profit in the future when the price is high.

I also didn't sell all my assets when it hit 109K and I only sold about 10% of my profit and at that time I wanted something that I wanted to buy and the price was very expensive and that happened when Bitcoin price hit 107K and I sold 10% of my profit just to prove that I bought the item from my Bitcoin profit. I only used 10% of the profit and actually I could also afford it if I didn't sell a little profit and this just wanted to prove to my friends that Bitcoin can make what we want come true. Because my goal is not 100K but 1 million, Lol . And I don't feel regret at all because I stick to my long term goal and I also strongly believe that no matter how big the drop is in the end Bitcoin price will go back up even beyond its new high and I believe that, and I also continue to make my regular purchases regardless of the price but the drop that occurs is the best opportunity to collect more Bitcoin and Hodl.

I sold a lot over 100k and have a lot of powder to buy. I figure we are going under 70k soon.  I have been loading up bigly.

If you are still holding, then hold on tight and don’t sell. Even though you can still get some returns at the current price, you have missed out on bigger gains. You just need to accumulate as much as you can, at least it will give you a better chance of getting higher returns. Bitcoin price is likely to go lower this month and there is always a worst case scenario. It could go below $70k or closer to $60k, but I really don’t expect that. Recovery takes time and I don’t think it will happen anytime soon. In conclusion, I like your advice and optimism towards bitcoin. Keep holding.

As far as it is Bitcoin, my intention is to keep hodling and not sell till the time Bitcoin reaches my target price. Any other thing apart from that, my mind is at peace with that because I do know that what the market is passing is a phase that will soon pass. I will then see Bitcoin reaching above the ATH we had before. We can now sell if we wish or keep hodling for long. That's all our choice to choose from

Newbies will be selling off at losses now, thinking they are not going to make it, all because of FOMO But as for people like us, we hold strong until the bitcoin network because there lies our strength as holders of BTC. When the market falls, you buy more on the dip and hold.

I don’t know why most people do have this kind of mentality, when a coin is pumping, they are always so confident in holding the coin, but immediately the price starts dropping, they will start panicking, and will sell at loss, if you know you are scared, why not just sell when the market is green, why allow it dump before you start thinking about sell, but I will say most people that do this are newbies, because people that have been in crypto space for some time will sell when their is crash in the market. If you are holding bitcoin for a long term, then you don’t even have to be checking the market frequently, you shouldn’t be monitoring the market, since your target is for long term, and you should make sure you are having emergency funds Incase if anything happens, you don’t have to be selling your coin when you are at loss to solve your problem.

That is why is good to have emergency money you can fall back to and use the money to solve anything that will make you to sell your BTC at loss. You think hodlers just want to sell their BTC in the bear run, during the bull run he or she did not sell BTC and he want to sell now the price has drop to $77k, and there is no way for the hodlers to escape loss. I don't think I will involve in this kind of condition not to sell BTC in the bull run and later change my mind to sell in the bear, I guess that is the way to loss because you will not be happy with what you will earn from the market.

Today, the price of Bitcoin fell to its lowest level in three months. Although $78k came in a few days ago and rose again to $90k plus. Today, Bitcoin price dropped to $77k. As my plan is long term so not disappointed to see this kind of dumping, I don't plan to sell. Short-term holders may panic and sell at a loss. I still believe we will see another new ATH record this bullrun. Many may panic at such dumping, but it would not be wise to sell at this time. If you hold for long term you can expect more profit, so I would hold in any situation.

Not giving up is good however its not about pursuance and not giving up, its about making money in trading. When the price finally drops to 70k like philipma1957 was saying, I think the only ppeople who are happy in buying back are the ones who didn't think of not giving up but the people who think of accumulating more satoshis. Sadly, only a portion of my BTC that I sold at 86k. I should have sold them all the way to buy at the bottom. But we are not sure which price is the bottom

It’s actually profitable when one gets to sell at a higher price and buys back at lower price, it give you more bitcoin accumulation. For example someone selling at the $100k price let’s say he holds half a bitcoin (0.5 btc) then buying back at this price ($79k) he will be having something around 0.63 bitcoin which means more bitcoin and if we are to translate it to usd he will be making $13k when the market returns back to the six figure price again. This strategy is ok but one thing is how sure are you that the price you’re selling might not be the least price the market will ever attain in a long period of time? For me your idea is of selling half is actually great to minimize loss and potentially maximize profits too. But for me I think one who can attain this and doesn’t want to panic sell should simply stick to long term with a take profit target. If your take profit target is $100k take it when it gets there, if it is $120k wait for it to get there and take it, that’s the easiest means to beat a fluctuating Market like this

I'm not a trader but a spender. I don't sell bitcoin to get some fiat and not know what to do with it, I spend it on things that I need, so when bitcoin broke 90k, I bought myself some stuff and I did the same when it broke 100k. Since we broke down below 90k I'm holding. I see no reason to get rid of my BTC. If it goes below 80 or 70 it doesn't matter to me. When we were below 20k in 2023 I was holding because I knew bitcoin was greatly undervalued and that's how it is now. I've said it many times before. The real reason I hold bitcoin is because there's no way I'd make more money by doing anything else. I remember having $10k in bitcoin in 2016 and knowing that there's literally no way that I'd be able to double that in 3 months through other means. Bitcoin gave me an opportunity and it became my top investment and it's going to stay that way until the end.

So we need to understand that crypto investment is not something we can venture into without comprehending the things that's involved on it, at first we have look at the level of the demands, because its demands that skyrocket the price of bitcoin if I'm not mistaken, so therefore we have to know that cryptocurrency investment is not something someone will venture into with force, you have to know when is the right time to invest For the aspect of trading, I know quite well that in any crypto trading, the trader has to undergo some training, that will lead the person to know the advantages and the disadvantages of trading, so therefore the trader will know when to enter into trading without making or experiencing a big loss.

Selling is not always a wrong option. What if you have bought bitcoin way back when it was $30k-$40k and it’s only now that you have decided to sell, it’s clear that you will surely end up with huge profits. But if you only bought bitcoin this year, hodling should be the best option. And just continue buying when the market offers a great buy again when btc price suddenly create a sharp decline.

I sell some with it did reach $109k last November. I just took some of my profits to enjoy. And then same in December as well because I needed the money for a very important thing in my life. So we can sell anytime, but at least it has something for the benefit, or if there is an emergency that you needed the money. Not to sell when you are in the panic mode. This is not the first time that we have seen the price fall below $80k. And then we recover, this is just only March, we still have a lot of months ahead of us to bring the price back to at least $100k.

So when do you take the profit? LOL Your advice is certainly right - accumulating during dips is highly recommended, that's how to build a bigger portfolio. Each of us has our own portion depending on the availability of budget - so accumulating during dips is still good. If the purpose of this accumulation is for long-term investment - then whatever the value of bitcoin later, then keep holding. I am not willing to sell now - but would consider selling above $110K. You need to realize that bitcoin has bull and bear cycles - so take advantage of it without missing out on the chance. During bearish cycles - keep accumulating and sell on bullish cycles especially at the top.

That’s the right take investors should be having from these bleeding charts. A lot of us did see Bitcoin at $100k+, of course that’s not so far back but, a month behind if I recall correctly. Bitcoin might have dropped over $20k+ with the price fluctuating around $79k-$90k but, it doesn’t make any sense to be comfortable selling at a loss just because you don’t want to entertain more losses to an asset that is sure to appreciate in due time All that needs be done is to hold strong.