Quote from: Zeddquiver on November 11, 2024, 07:07:21 PM

I think some people are underrating the potential Bitcoin has,this is really not a good time to sell from the little experience I have about Bitcoin.looking at the current political climate around the world you can see that the future of Bitcoin is bright.Tesla and other top companies worldwide are now buying Bitcoin in record numbers which means we should do the same cause they are definitely seeing that there is a very bright future for Bitcoin and it hasn't even gotten to half its potential yet.
Although I won't really blame some people who want to sell cause some people get into an issue that requires finance and then they have no other option than to sell their Bitcoin to settle the issues at hand so it actually depends on the situation sometimes.

Maybe for people who think at a glance and don't really see the long-term potential of bitcoin, maybe now they have sold the Bitcoin they have when the price of bitcoin almost touched $90K. But believe me, people who sell their bitcoins now, will definitely buy bitcoins again when the price is much higher than now. Because many predict that the price of Bitcoin will continue to increase over the remainder of this year and next year. So people who are selling their bitcoins now will definitely flock to buy bitcoins again. Therefore, we don't need to be quick to sell the Bitcoins we have. Because if we sell bitcoin now, we can be sure we will be tempted again to buy bitcoin again at a higher price. So it would be good for us to continue doing DCA and also HODLing bitcoin as strongly as possible.

But if you sell bitcoins for the reason of covering your needs, we cannot avoid this. That's why when we enter and invest in bitcoin. Make sure the money used to invest is cold money. Then apart from that, we also have to have emergency funds so that when there is an urgent need our investment assets (bitcoin) are not disturbed. So if we do this when we want to invest in bitcoin, I'm sure we will be strong in HODLing the bitcoin.