Topic: Are you still holding - page 2. (Read 264 times)

You don't lose on bitcoin, you just don't, provided you are holding your portfolio on a long term investment plan which is why it's vital to set in an amount of portfolio you can afford to risk (just in case) so you don't get the investment so attached to your emotions that every draw back in bitcoin price gives you a headache to think of selling to avoid loss.

It will be stupid of me seeing how bitcoin had hit a new ATH ahead of the circle occuring then how much more after the circle. There's no other time to hold and continue accumulating our bitcoin hodling than now. Every experienced bitcoin holder understands that a proper profit taking plans is mainly after the circle as it going to be a full bull run season in place.

This is also good to note that HW is like an investment as it holds price too, Passport will be the most expensive one to buy, while electrum is the easy-to-go wallet that can be used for just like any other HW in an airgapped environment if an old pc is available.
I'm using electrum in an non-airgapped device yet never experience any hacking of malicious attacks, it's just a matter of good practices while using the device.

Apart from this, we still have many investors who are still hodling their investment because everybody knows that the last price of bitcoin was $70k, so nobody will sell their investment at this time unless he or she targets $70k, if not since the last was like the same as this one, and we know that before we start talking about halving, Bitcoin must reach a new price that it has never reached before, so I think the OP should calm down. We are not ready to sell our investment; we are still waiting for the All Time High (ATH) to sell, but people who target their investment, if the price is the current one, they can do so now since this is their target.


The bitcoin price will still rise more than this even though the market is not something we can confidently talk about, but since the price of bitcoin was like this some weeks ago, we definitely have to be expecting more than the current price. However, most investors that are still hodling their investment are doing so because they know that we are still yet to reach the ATH and that is why they have not sold, so nothing like some people will continue holding,  we all hodl for the bull run, and once it arrives, we are going to sell.

is not that the price of Bitcoin is not increasing or Rising but the problem is that people who is holding Bitcoin will it determine if they will continue to hold it for long time or they will directly decide to say that bitcoin because of the price right now the price of Bitcoin is appreciating and I believe that this point of time that the price will also increase more since ever will not Bitcoin the price have not gotten to this point but today look at the price of Bitcoin so when you hold your Bitcoin there is every possibility but the price might increase more than this but the thing is that are we determined to hold our Bitcoin what is our target in Bitcoin that should be a question that we should ask ourselves

Many people recommend using a non-custodial wallet over custodial because of security concerns, that doesn't apply to me now because the bitcoin i have is still small enough to be transferred from my Binance account. Withdrawal fees to external addresses are the barrier. From this background even though i am aware that it is not safe to store my bitcoin on a custodial platform, i have to do this because this is the only way for now.


You have them all in the second link and can add them to the list.


BTC - $70,732

Sure, they have some reasons for such issue let's hope they fix in no time .....
Thanks for the info it will be added...

Other example of noncustodial wallet that are open sources are:

Bitcoin Core (full node wallet)
Passport (hardware wallet)
Trezor (hardware wallet)
Samourai (mobile wallet)

But for holding, it is better use cold wallet for high amount of coins. Cold wallets like Electrum wallet on airgapped device. Or go for hardware wallet like Passport.

I am still holding; I have my own target to sell my holdings. If I reach the target before the Bitcoin halving, I might sell; otherwise, I will wait for the halving. However, whatever the event, I am not going to sell anything from my holdings. I have separate trading funds, so I have been trading there actively. However, I am holding my funds in a non-custodial wallet, of course. But I trade funds on Binance, and recently I have faced issues there. They ask for time to get it resolved, and I am waiting for that. Unless they solve my issue, I will share the details with the community. 

Even if bitcoin corrected bellow the recent all time high, bitcoin is still above $70,000 which is above the last all time high before this one and a good price for my bitcoin holding and since I have after halving in mind, I am still very well in good position with my bitcoin holding
With such balance I am still in profits and confidently holding on to my bitcoin.

Recently, we've experienced some dips in the bitcoin market and now Bitcoin is back is back to 71k (yeah probably  at the time I was typing  )and maybe more before I post it or while you're  reading  it

Are you still holding??
It's  no news that halving is few weeks ahead.
Don't  be motivated wrongly towards selling your holdings as you will eventually  witness how your  loss could have turned into profit or how you could have made more profit if you've hold but it might be too late then ...

You're  probably  wondering  why this board??
Well, let's  just say I'm  still on the point of enlightening  holders on how secure their holding  could be on a privacy wallet ,

You aren't a crypto business  type , you are a holder, why are you still holding  that Btc coin on a custodial wallet  , holding without properly secured . why not get a noncustodial to make your holdings much more safer. Although using a noncustodial  can still make you prone to various kinds of attacks if you are not well informed about how it works, not saying noncustodial is the best but the fact that you and only you has the right access make it superior.
Besides, we use the term Open Sourced (which  means codes are available to public) to judge a more trusted noncustodial wallet .

Worried about how you could learn how it works, don't  worry I got you covered.
https://www.coindesk.com/learn/custodial-wallets-vs-non-custodial-crypto-wallets/

List of open sourced non custodial wallets you can download to hold:

[Merged and edited two quotes from the same user ]

........ more will be added as suggested by replies


#Transaction issues that may occur frum using non custodialwallets

https://bitcointalksearch.org/topic/all-about-stuck-transactions-and-what-you-can-do-to-fix-them-1802212
https://bitcointalksearch.org/topic/m.61326135


To make our reply more fun[Not mandatory]
You could add a tag of Bitcoin  price (current while posting) at the end of  your reply

Format:


- BTC ~ current price