Quote from: aylabadia05 on October 14, 2024, 08:23:20 PM

Quote from: tabas on October 13, 2024, 04:55:55 PM

Most hopes and bets are placed for next year. Because that's based on the 4-year cycle and there's no need to be genius to wait for that. While there are folks who are rushing to think whether they should sell or not at these moments because they're negatively thinking that Bitcoin won't recover anymore. We're different from them, the most patient holders are always the ones that gets the best time in taking profit in the market but don't be too patient as well because the opportunity might just pass.

Yes, I clearly understand what you mean. Patiently waiting for the best time to sell basically involves psychology and a strong mentality. If an investor doesn't own it, then they will definitely sell it when they get bitcoin up a few percent. We all obviously have different approaches and plans for investing, but many patient investors actually earn greater returns than others.

What I mean by patience is patiently waiting for the price to match what has been planned. It is possible to readjust plans if we see a greater potential for price increases, but it is always good to stick to your own rules.

Every investor must have a plan that they have prepared carefully before investing, that is one thing that I admit is true. Regarding strategy, each of them also has a different strategy with different budget strengths too. Long-term investors will accumulate bitcoin over time, but I can also expect seasonal investors to continue adding to their investment portfolios when the opportunity arises.

Despite the different strategies and budgets of each investor, we are all aware that the goal of everyone is to make a profit. They could sell gradually in the $70k to $100k range, but it's also possible to get them to continue holding until bitcoin prices peak next year. Bitcoin's price increase cycle is still long, so most of them will definitely wait patiently.