Quote from: Ambatman on September 05, 2024, 02:48:25 PM

I'm thinking of how to add more.
Every dip is like a buying opportunity
Don't know if we would ever see the price this cheap again.
Having same feeling of how bitcoin consolidated for quite sometime around $24K
And even if it does in the opposite direction of my plan
Would just add more. Grin

Unfortunately, that's not what most people think about the market when they see a decline. If we had more people in retail investors with the same mindset, the market would be better because there would be fewer sellers and more buyers, which would boost the market upwards. Most retail investors would start looking for an exit point as soon as they see Bitcoin losing $2k or something because they are too afraid of losing value for their money.

Quote from: coolcoinz on September 05, 2024, 07:23:10 PM

I only feel temped to sell when the price is very high. I sometimes sell some bitcoin when we reach a milestone, for instance once we broke above 69k in March, I sold a little bit.
Prolonged bear markets only make my dedication stronger. If we were to break down to 40k or something similar, I'd do what I did in the last 2 bear markets - wait it out.

Everyone feels tempted to sell when the price is very high, I wouldn't blame you, and it's not a bad strategy to sell some when the price is high and then buy back when the price is lower because this gives you more bitcoins for the same price that then you can hold for a better price in the future.