Post
Topic
Board Speculation
Re: Are you tempted to sell?
by
Jewan420
on 10/11/2024, 08:12:54 UTC
It's easier to hold Bitcoin at unrealized loss instead of hold Bitcoin at unrealized profit because I trust 100% with Bitcoin, so I believe whenever Bitcoin price falls, it will bounce back in the future. However when Bitcoin price at unrealized profit, now I don't know when should I sold my coins.
I've never sold my coins, I'm planning to flip my coins to sell at the top and then I will buy it when Bitcoin price in bear season.

Bitcoin prices falling is not a special event. When the Bitcoin price decreases in value, there is a greater chance that the Bitcoin price will increase further. Because we have seen in the past when Bitcoin dumps then we see a big pump in the Bitcoin market.

This aspect of the Bitcoin price pump is what separates Bitcoin from all other coins. If you plan to invest in Bitcoin and decide to hold it for the long term, learn to enjoy the time without panicking when your Bitcoin dumps and the decision to be aggressive in investing will not prove wrong. If you can afford it, when the price of Bitcoin goes down, it is good for you to buy more Bitcoins at a lower price and accumulate more Bitcoins in your portfolio. So don't panic during market downturns and keep on buying. A fall in the price of Bitcoin means we are about to get a bigger one.