The best time for buying is at low price and I think if you sell your coins with profit then you should not regret after Fluctuations in coin price because you have already taken your profit so ready to make another step instead of regret about past.
If you are in doubt about other coin then just buy bitcoin now and don't sell until you achieved your target. This time is not suitable for selling but if someone is in huge profit and he cannot hold longer then selling should be preferred. Understand the market and accept your profit but I think if someone is selling their bitcoin without waiting more so he will miss the opportunity of having huge profit in Bull season.
regrets after selling Bitcoin mostly happens because no one can perfectly predict the coin market.
Prices move up and down it's just based on supply demand and sentiment.if after buying,the price goes down immediately just wait untill it's goes up if you are not urgently in need of money at the time,you just can't predict this things.but it's always save to buy coins when the prices drop .
Your statement here is wrong, Being urgently in need of money should not be the determinant for selling bitcoin, people regret selling bitcoin because they sold early and because they chose to trade with bitcoin rather than invest in it which is a financial mistake, no one should be trading with bitcoin on any normal circumstance instead just keep accumulating with DCA, waiting for the DIP when you can DCA is also a financial mistake as it shows a tendency to sell immediately the price goes back up so don't be telling people it's okay to sell if they are urgently in need of money, this is why having an emergency fund in important as an investor so you don't ever have to sell too early.
You are correct to point out the issue ZeroVinsonN since each of us should be striving to set up our finances and our psychology in such a way that we are not feeling urgent about money, and we should be attempting to put cash cushions between our bitcoin and our weekly/monthly expenses so that we may well not need to sell any bitcoin for 4-10 years or longer after we buy them.
TBH, If you do not separate your everyday life money from your Bitcoin stack, you will always end up in a desperate situation where you might be forced to sell at the wrong time. I have seen people who could not wait, because the pressure of bills kept dragging them back into fiat, and that is how they lose long term opportunities. Bitcoin is not something you should tie to your daily bread, it should be treated like that long distance project you’re building quietly in the background. The cushion idea is actually the backbone of any serious plan, because without that safety, panic sets in real quick and once panic enters, then all the discipline you thought you had will just fade away…
Once we establish a large enough bitcoin stash, then perhaps at that point, we might start to sell bitcoin from time to time, yet if we build our bitcoin stash, it would most likely take longer than 4 years before we might start to feel that we might be in a position to start to be able to sell some bitcoin, even if we might have had gotten to overaccumulation (and/or front loaded our bitcoin investment) earlier in the process.
You kw, I agree with the idea of only selling after your stash is significant enough. Most people want to rush the process, but they forget that true value takes time. Even after 4 years, for many, it might still not feel right to sell because you know how much higher Bitcoin could still go. But at the same time, once you have front loaded enough or stacked to a certain comfortable level, that is when you can start using a fraction of it without guilt or fear. That is the point where your stack is working for you, not the other way round. The challenge is just getting to that stage, because TBH it is not as easy as it sounds, especially with the temptation to touch it when life throws emergencies…
It may well be that Youngrebel is thinking about bitcoin as a trade rather than as an investment, so bitcoin becomes more scary when it is considered in that kind of a way - especially since bitcoin tends to be so volatile, which is another one of the reasons that frequently we need to build a cushion of funds between our regular money for expenses and our bitcoin that hopefully we are building until it gets to a large enough status that we might start to feel comfortable selling some of it from time to time.
Guys who consider bitcoin as a trade might never get to status of feeling comfortable with their bitcoin because they are ongoingly considering when to get in and/or when to get out.
And about Bitcoin as a trade than investment, the truth is that, like you said, trading it will always feel scary because you are looking at charts every single day, waiting for entries and exits, trying to predict the next move of price which is almost impossible, and that kind of mindset makes the volatility almost unbearable... But once you flip your view and treat it as an investment, the noise calms down… Dips stop looking like threats and instead feel like opportunities… That is the difference between those who build real conviction and those who burn out too early… Bitcoin was not designed for weak hands constantly trying to time the market, it rewards patience, not panic….