Quote from: Roseline492 on September 29, 2023, 09:31:03 PM

Quote from: jossiel on September 29, 2023, 08:35:48 PM

If you are happy to sell at these times with the current price, you're free to do it and just buy back when it dips.

So you pull out a bit of profit from that sale and then you keep it while leaving the amount that you'll use again for buying back. With that manner, you'll still not gonna be left behind.

Actually everyone is entitled to choose whatever method that's well suitable for them, but responding based on our discussion and strategies here we don't advise buying low and selling higher if the price retrace up, is actually a gambling strategy were as the possibility of making a profits or losing money is on a 50 to 50 percent chances, perhaps you could be left behind while selling off your investment were as the market will keep shooting up and never give you the chance to buy back again, so perhaps I will just suggest you hold for long instead of chasing the market price.

Definitely, we're not advising people to lose money but even we don't advise that. The reality is happening that many sells at low and buys at high because of them being impatient.

Quote from: Dewi Aries on September 29, 2023, 10:07:56 PM

All the things we think are easy sometimes don't match our expectations, which is if you sell all your BTC holdings to make a profit in the near future it could be that you are making the worst decision. Because if the price falls back to the first entry level it could be that we can accumulate more BTC because it is supported by the profits we get. But if the price of BTC continues to rise then you have to wait longer, which is even worse to imagine. This means that it is better to continue holding in the long term rather than selling at a fairly small level of profit. Even though it is contrary to what was discussed, of course it is an option based on their respective positions. I think there is always quite a high level of depression that occurs in us if after we sell, the price of Bitcoin continues to rise, even reaching 10% that day. (of course that is a regret that you will remember in the next few days/or months). On the other hand, it is better to buy at dips and hold in the long term for the next 1 year. That is more realistic in all the planning you make in the investments you have made.

You have to think of any valid reason why you should sell and you need to convince yourself that you have to sell and there's no regret in the future.

Because it's gonna be a huge mistake if you'll keep looking back in the past being like that because of how you've done it even if you've made a profit out of it.