Author

Topic: Anyone else just going to hodl? (Read 506 times)

hero member
Activity: 2240
Merit: 848
November 20, 2018, 05:54:07 PM
#33
from the first day that i started with bitcoin whenever the market becomes absolutely unpredictable because of massive manipulation, i simply stay away from the market and let the manipulation to stop and the market to become more predictable.
i am going to continue doing that now too because currently there is no logic anymore and this drop is 100% manipulation and staying away is the best option.

now staying away can mean different things for different people. it may be selling and staying in fiat until shenanigans are over (which may be best for newcomers) or it can mean pulling my bitcoins out of the market and to cold storage until it is over (which is best for those who have been around enough time to know better that these manipulations aren't going to last forever).


Hold yes of course. and buy. I'm gonna buy about $50k of Bitcoin in early 2019 (and might pick up half a bitcoin soon if it keeps dropping under $4k).

This is the absolute worst time to sell, so yeah holding is best, and accumulating more bitcoin.
hero member
Activity: 2240
Merit: 848
November 20, 2018, 05:52:12 PM
#32
And what if Bitcoin stays under 2k€ for years, could you hodl?

The recovery after the crash dec 2013 took years.


It took two years.


And it started going up like 9 months after hitting $200. So if this is like the last drop in early 2015 that took it down to under $200 then even if it took as long as the last crash it did not take years, as quartzz says, by next Fall price would be going up steadily. It took two years for the price to 100x, haha, I think people can live with that (though if 3000-4000 is the bottom this time it'll probably be like 30x instead of 100x i think this time...still ain't bad!)
sr. member
Activity: 952
Merit: 250
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
November 20, 2018, 05:47:45 PM
#31
Bitcoin is heading toward $3000 as Chinese keep selling off.  I think we should not join this great dump because in some days to come bitcoin is going to recover.  The same rate it fall the same rate it will take up.  I am adopting holding policies.  I am not going to sell now.
If that would be your premonitions mate, I guess it will be possible but for the long run being active with crypto it will recover back to peak price. The surges from past price increase will be achieved again, and will provide everybody a sustainable benefit.
legendary
Activity: 1526
Merit: 1179
November 20, 2018, 05:44:05 PM
#30
I do what I always do, which is dollar cost average my entry points. It feels way better doing it on the way down because it makes your fiat for once buy worthwhile amounts of Bitcoin instead of the usual small chunks.

I think that you at all times should have an open mind and a conservative stance when it comes to crypto, because I always had in mind that the $6000 mark wasn't anything special even though it held well for the most part.

I really feel bad for those seeing their bags lose more value day after day. It's true that people are responsible for their own actions, but you can't do anything other than feeling sorry for what they go through. No one deserves this.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
November 20, 2018, 05:00:49 PM
#29
This hodling nonsense is the biggest mistake anyone has made.  People should have taken some profit when they could and not held and held and held while Bitcoin goes down and down and down.  And then held and held till it goes down further.    They needed to take some profit when the going was good and not this mad stampede panic selling when it's crashing.  Or holding on till the bitter end.  

I made a profit in the initial bear run.
$70 is good enough for me. But when I don’t think I’m going to be good at predicting the price as I have been. Then I’ll hold.
jr. member
Activity: 266
Merit: 1
November 20, 2018, 03:44:12 PM
#28
This hodling nonsense is the biggest mistake anyone has made.  People should have taken some profit when they could and not held and held and held while Bitcoin goes down and down and down.  And then held and held till it goes down further.    They needed to take some profit when the going was good and not this mad stampede panic selling when it's crashing.  Or holding on till the bitter end.  
newbie
Activity: 57
Merit: 0
November 20, 2018, 03:06:09 PM
#27
The CAC40 reached its all time high in sept 2000, 18 years ago, and never came close to it again.
jr. member
Activity: 1050
Merit: 1
November 20, 2018, 02:23:51 PM
#26
This bear market is taking too long to recover, and this current dip was so swift — caught me unaware. Right now, there is no point selling my bloody bags. Hodling until further notice.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
November 20, 2018, 11:53:06 AM
#25
Well, that is the bad thing about working for bitcoin. I am holding as much as I can afford to but I also need to cash out some bitcoins because I need money to live. The sad part is when I make a certain amount of money for working, I am actually making way less than I should have, I get paid a certain amount for all the work I do but when bitcoin goes down all my work becomes cheaper all of a sudden, which results with me having less money to spend on stuff and that leaves me with a lot less bitcoins saved up aside as well.

Right now, I have a lot of bitcoin compared to what I used to have because I got paid when the bitcoin prices went down, but even with more bitcoin than I used to have I have less fiat than I used to have as well. It is a weird spot to be on but I will never sell the bitcoins I do not need.
full member
Activity: 714
Merit: 100
November 20, 2018, 01:46:13 AM
#24
HOLD is the best option in this ultimate dip because what is the point of selling it low now when we have already lose big? So better if we keep on holding specially if you are holding Bitcoin as it was in this market difficulties for so many times before and i see it keeps on bouncing back after it crashes.
sr. member
Activity: 924
Merit: 260
November 20, 2018, 01:42:16 AM
#23
Bitcoin is heading toward $3000 as Chinese keep selling off.  I think we should not join this great dump because in some days to come bitcoin is going to recover.  The same rate it fall the same rate it will take up.  I am adopting holding policies.  I am not going to sell now.
legendary
Activity: 3024
Merit: 2148
November 20, 2018, 01:01:35 AM
#22
But of course. I'll be staying put until 2020 and then having a mull. Despite the current grind the amount of money and effort being thrown at growing this space is not letting up and that counts for more than a bunch of punks on Bitmex. At some point it's going to bear fruit.

Same here, it would be dumb to panic now because there will be halvening in 2020, which had previously came together will bull runs. Add some protocol improvements and stuff like Lightning, and you have a recipe for a new bull run. A lot of people currently regret not selling earlier, but Bitcoin could have just as easily changed its trend at any time, and then they would be in a loss just like now. Hodling is safe, you just need to make a good exit/partial exit strategy.
legendary
Activity: 3472
Merit: 10611
November 20, 2018, 01:01:09 AM
#21
from the first day that i started with bitcoin whenever the market becomes absolutely unpredictable because of massive manipulation, i simply stay away from the market and let the manipulation to stop and the market to become more predictable.
i am going to continue doing that now too because currently there is no logic anymore and this drop is 100% manipulation and staying away is the best option.

now staying away can mean different things for different people. it may be selling and staying in fiat until shenanigans are over (which may be best for newcomers) or it can mean pulling my bitcoins out of the market and to cold storage until it is over (which is best for those who have been around enough time to know better that these manipulations aren't going to last forever).
hero member
Activity: 910
Merit: 508
November 20, 2018, 12:59:24 AM
#20
I holding my BTC like a champion Wink Wink Wink. The better option now is to start slowly buying a little on every dropping. Grin Grin
sr. member
Activity: 1512
Merit: 316
November 20, 2018, 12:54:01 AM
#19
I can not imagine a better time to buy crypto than the present moment. Everyone is starting to panic and the whole market is bleeding. I am sure that if not in a week, then in a month or even three who are now investing will earn a lot of money.

you're probably right, definitely has that feel. shit I'm starting to feel that it will never get above 10k ever again.

Do not go under such depression that it cannot rise. Consider it when btc was in 100 or 1000$ it can rise form their till 18k so why not from 4500$ it can travel to 10k? It is easy it is just a matter of some time and some selling happening which is causing more pain. But hold tight and buy on the dips.
legendary
Activity: 2050
Merit: 1184
Never selling
November 20, 2018, 12:51:03 AM
#18
Just bought combined total 1btc over the past 3 weeks, from 6400 down to 5000$ this morning. Will buy more if next week. wife said fuck it, buy to the end.

and may you become a rich man
legendary
Activity: 2050
Merit: 1184
Never selling
November 20, 2018, 12:50:24 AM
#17
I can not imagine a better time to buy crypto than the present moment. Everyone is starting to panic and the whole market is bleeding. I am sure that if not in a week, then in a month or even three who are now investing will earn a lot of money.

you're probably right, definitely has that feel. shit I'm starting to feel that it will never get above 10k ever again.

You mean BTC? I'm more that sure that in 2020 or even earlier BTC price will cross $10k probably few times.. Question is how fast border of $10k will jump over Ethereum..? Lets hope it will be in 2019

Yes btc is what I was refering
full member
Activity: 149
Merit: 100
November 20, 2018, 12:49:44 AM
#16
Just bought combined total 1btc over the past 3 weeks, from 6400 down to 5000$ this morning. Will buy more if next week. wife said fuck it, buy to the end.
sr. member
Activity: 1554
Merit: 260
November 20, 2018, 12:06:26 AM
#15
I can not imagine a better time to buy crypto than the present moment. Everyone is starting to panic and the whole market is bleeding. I am sure that if not in a week, then in a month or even three who are now investing will earn a lot of money.

you're probably right, definitely has that feel. shit I'm starting to feel that it will never get above 10k ever again.

You mean BTC? I'm more that sure that in 2020 or even earlier BTC price will cross $10k probably few times.. Question is how fast border of $10k will jump over Ethereum..? Lets hope it will be in 2019
legendary
Activity: 2050
Merit: 1184
Never selling
November 19, 2018, 08:15:46 PM
#14

To be fair most of the stuff put together during 2014 sounded incredible but didn't amount to much. Plenty of it disappeared without a squeak, 21.co, Buttercoin, Circle's BTC retail.

This time around it's an order of magnitude more heavyweight. You don't get any bigger than stuff like Bakkt though I fully expect it to launch to overwhelming indifference.

Yeah, but I think it is just the activity that matters. Know what you mean about Bakkt, exactly how I feel.
legendary
Activity: 2050
Merit: 1184
Never selling
November 19, 2018, 08:14:18 PM
#13
I can not imagine a better time to buy crypto than the present moment. Everyone is starting to panic and the whole market is bleeding. I am sure that if not in a week, then in a month or even three who are now investing will earn a lot of money.

you're probably right, definitely has that feel. shit I'm starting to feel that it will never get above 10k ever again.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
November 19, 2018, 08:13:33 PM
#12
This was the case in 2014/15. I remember reading the crypto news and hearing a lot about further investment etc constantly, but was dismayed that the price didn't react. I hoping the same happens this time. Development of LN will hopefully help too.   

To be fair most of the stuff put together during 2014 sounded incredible but didn't amount to much. Plenty of it disappeared without a squeak, 21.co, Buttercoin, Circle's BTC retail.

This time around it's an order of magnitude more heavyweight. You don't get any bigger than stuff like Bakkt though I fully expect it to launch to overwhelming indifference.
sr. member
Activity: 1554
Merit: 260
November 19, 2018, 08:09:48 PM
#11
I can not imagine a better time to buy crypto than the present moment. Everyone is starting to panic and the whole market is bleeding. I am sure that if not in a week, then in a month or even three who are now investing will earn a lot of money.
legendary
Activity: 2050
Merit: 1184
Never selling
November 19, 2018, 08:08:41 PM
#10
But of course. I'll be staying put until 2020 and then having a mull. Despite the current grind the amount of money and effort being thrown at growing this space is not letting up and that counts for more than a bunch of punks on Bitmex. At some point it's going to bear fruit.

This was the case in 2014/15. I remember reading the crypto news and hearing a lot about further investment etc constantly, but was dismayed that the price didn't react. I hoping the same happens this time. Development of LN will hopefully help too.   
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
November 19, 2018, 08:01:11 PM
#9
But of course. I'll be staying put until 2020 and then having a mull. Despite the current grind the amount of money and effort being thrown at growing this space is not letting up and that counts for more than a bunch of punks on Bitmex. At some point it's going to bear fruit.
legendary
Activity: 2050
Merit: 1184
Never selling
November 19, 2018, 07:57:02 PM
#8
I will hodl, as I always have, and I will keep buying small amounts every pay.

Doesn't mean I have to like it though.

My sell price is 40k, no more than 50% of my current holdings will ever be sold. I believe in BTC for the long-term, even in these dark times, with my doubt growing.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
November 19, 2018, 07:20:37 PM
#7
And what if Bitcoin stays under 2k€ for years, could you hodl?

The recovery after the crash dec 2013 took years.


It took two years.

I’ll just convert more fiat in the crash too Grin!

2k is better than 0.2k.



We’re heading towards quite a nice resistance zone at the moment. If we fall through it though, we don’t fall that far...
sr. member
Activity: 1400
Merit: 347
November 19, 2018, 07:10:35 PM
#6
And what if Bitcoin stays under 2k€ for years, could you hodl?

The recovery after the crash dec 2013 took years.


It took two years.
newbie
Activity: 39
Merit: 0
November 19, 2018, 07:07:47 PM
#5
At this moment we have the price of 75% level correction (All Time High $20k)

I'm feeling safe to increase my exposure, I'll buy periodically starting today

member
Activity: 308
Merit: 35
November 19, 2018, 07:01:19 PM
#4
Nah, I think I'll take those bitcoins I decided to hold since $20k and dump them now in a state of panic. Or not.
newbie
Activity: 57
Merit: 0
November 19, 2018, 06:59:17 PM
#3
And what if Bitcoin stays under 2k€ for years, could you hodl?

The recovery after the crash dec 2013 took years.
legendary
Activity: 2688
Merit: 13334
BTC + Crossfit, living life.
November 19, 2018, 06:54:04 PM
#2
what else

HODL from the FIRST bought coins

and will HODL for a very long time never to intend of selling MORE than 50% of my ownings in BTC



copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
November 19, 2018, 06:50:06 PM
#1
I came to the conclusion that I want to buy and also want to sell, so I’ve decided to hodl.

I’ve profited $80 from the bear market over the past few months, I’m happy with that and have no idea where it’s going to go now.

The worst we can do is level off. Second worse is going up in my opinion. I think we’ll just be dragged down further at some point.

I think we’re near a limit but I’d like us to lose another few hundred bucks, go into being drastically over sold and then... BULL RUN! (Ok maybe it won’t be the big $20000-$40000 one, but it’s a start at least).
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