Quote from: BrewMaster on July 14, 2021, 12:29:17 PM

Quote from: Lorence.xD on July 14, 2021, 07:52:34 AM

Quote from: SaveOurSea on June 18, 2021, 11:15:32 PM

Quote from: Lorence.xD on June 18, 2021, 12:49:34 PM

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Long-term holders should have sold Bitcoin when the price was above $50000 or $60000,
of course holders would also know when to sell it, or maybe 50% of the assets they have sold,
and that's a strategy that we should follow, if a DIP does occur. we have to do accumulation,
otherwise it is something to regret.

Depending on how long they have been hodling or how much they were hodling at that time then probably they can consider selling at that point look at me, I have sold at around the 40k point and then the prices pumped to 60k and I don't have a lot of money to buy back so I just have to save accumulate again. If I didn't have that need back then to sell, I would've probably got more profit but prioritize things that needs to be finished first.

hodlers don't have to do anything, least of which selling their bitcoins! that is absurd to suggest otherwise just because price was above an arbitrary number.

there are a lot of people who don't trust exchanges so they will never deposit anything there. that means when there is a short term panic sell they also don't participate. instead they hold and enjoy their profit in long term.

Understandable why many investors panic. Being subject to real emotions, especially if someone bid with all their capital on an arbitrary number called $60,000.

The first rule to HODL-type, and DCA investing is to be right on the first entry, not because for reasons of more profits/gains, but for reasons of maintaining your SANITY.