Quote from: wxa7115 on Today at 09:40:32 PM

Quote from: LordMiguel on June 02, 2021, 10:25:46 PM

Honestly wanted to ask and to discovered the newbies among us. i though of creating a vote but it is not Necessary. i really wanted to ask if there are members of this community that sold off during the last dip thinking that the market has crashed. alot of friends kept complaining that bitcoin and alts will go deep down and it will take months before coming back.

Really wanted to find out people that lost their grip and sold off. what really was your main reason for NOT holding...

I kept holding but I do not know how many people are going to actually admit that they sold their coins, after all this is a bitcoin forum in which one of the favorite strategies is to hold no matter what, why risk facing criticism by selling when you could just say nothing?

Also the reason why anyone sold their coins are obvious, people got scared about what was happening and they decided to sell their coins and recover some of the capital they had not understanding that even if they bought at the ATH bitcoin will eventually recover and they could turn a profit during the next months and at worst during the next years.

Not only that, some have intentionally sell their coins because they needed fiat this time. And others are also selling their coins because they think they have made profits already. And that's the essence of investing, use your profits and buy another back those potential coins with their affordable prices.

But for those early adopters of crypto, selling in dip is not advisable. If you understand how the market moves and because you know this thing happens again and again and the market will turn green after this, then you'll consider that holding will be the best thing to do in times of dip.