Quote from: Ambatman on Today at 07:26:11 AM

Quote from: JayJuanGee on Today at 01:38:34 AM

Sounds like you don't necessarily have very strong hands, and you are merely into BTC for short-term profits.

Hopefully, for your own sake, you don't end up selling too many too early.. and then regretting the matter and becoming bitter like a lot of the others who thought that they were smarter than everyone else and sold too many too soon.

Exactly my hands was shorter than this , I was a victim of the FTX dip bought a significant amount of Btc around Nov 8 last year and the bankruptcy in the market caused a significant dip.
My faith been weak in Bitcoin at that time and hearing that Btc is going to $10K dollar made me sell at a huge loss
Which till date am still regretting
By that time I didn't even know about this forum nor The Use of Bitcoin
I was introduced into Bitcoin as an investment without even knowing it's core value and potential.
Of recent time, when there's a big dip I just come to WO thread and find individuals with higher amounts of Btc still planning to buy more during dip.
Those actions have really helped me that I bought Btc around 26K and held till 35K was expecting a significant correction so sold half and used the profit(not capital) to get myself something good.
I can't just hold without enjoying it once in a while
Life is shorter than its given credit for.
Where was I yes, it didn't do the expected correction and has skyrocket to $43K
If I continue like this I might have to buy at $100K so felt it would be better to restart my DCA.

The D day to me is when it creates another ATH, don't want to buy at a price that would be at a negative zone in a year or 2.

I don't plan on selling anytime soon that's why I prefer transferring to my blue wallet. If I do keep in CEX is easier for me to sell some portions in profit but never in loss.

But would take your advice to heart never selling more than 50%. I hate trading trust me. The losses have made from it has only been mitigated of recent by me holding.

It is really difficult to give advice to guys like you, or even to anyone, and so a lot of times it may seem that I am giving advice, but I am just largely either describing what I would do or maybe the extremes of what I might consider to be potentially be "acceptable" even though I would not go that far, but there still could be some acceptable direction, even for someone who might have gambling/trading kinds of tendencies.

Many of us longer term bitcoiners focus on accumulating BTC for 4-10 years or longer, and if you are not able to invest and hold through 4-10 years or longer then you are in a different kind of mindset.

You are trying to play the waves, and I can see how it is tempting, but it is probably a sign that you are overinvesting.

So maybe consider a portion of your BTC holdings that you just keep buidling no matter what, and even though Blue wallet is good for a certain amount of private holdings, it likely has problems for larger amounts of wealth that could start to get into the multiple thousands dollars, so your longer term holdings might be better to hold on a trezor or some other hardware wallet.. not a ledger.

https://www.athena-alpha.com/crypto-wallets/

So yeah, I am devolving into UTXO management and maybe you would let your UTXOs build up to somewhere between $500 and $1k prior to transferring them to a private wallet, whether on the Blue wallet, which does not really seem like long-term safe, even though it may be o.k. for a few thousand dollars, depending on if you might get $5 wrench attacked... ..or to transfer to some hardware wallet.

So if you get into a building mindset then don't worry so much about the dollar value. Use money that you don't need, and then continuously invest... The money that you don't need is the amount that you have left after you figure your total expenses subtracted from your total income.. and you should also retain an emergency fund that adds up; to 3-6 months worth of your expenses, and the more unstable your income and expenses, then the more you would likely have to have a higher amount of emergency reserves. .and the better your emergency reserves, then the more likely you can be more aggressive in your regular ongoing bitcoin investing whether that is $100 per week, $10 per week or some other amount that works for your budget and other aspects of your goals.. including that you can look at [ DO NOT POST SESC LINKS ]my 9 factors [/url]if you want to help yourself to hone in on improving what factors you should be considering and figuring out for yourself.

Quote from: rdbase on Today at 01:55:31 PM

Some history about where a BTC futurist thought it could be and where the term HODL came from on here

https://twitter.com/pete_rizzo_/status/1740715034311868608

"I AM HODLING 10 years ago today, this man published a drunken rant to BitcoinTalk in which he unwittingly coined the phrase "HODL."
https://twitter.com/lopp/status/1736756435789259074

Also the missed bits because the media likes to divert things towards it's own agenda obviously:

https://twitter.com/Panterabch/status/1736760555057102919

Hahahahahaha

The HODL memer turned into a bigblocker shitcoiner who thinks that you need to sell your bitcoin in order for them to have value. Not all of the earlier adopters have brains, even if they became famous for certain strong hand expressions.