Are you still holding your coins #btc

Pandu Geddon

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Quote from: big kid on February 12, 2023, 10:45:28 PM

Quote from: crypticj on February 12, 2023, 08:49:18 PM

I think it's pretty stupid to sell right now. Yes, everything will probably go even lower, but DCA is still the best tactic. So buy and hodl bros.

Yes. exactly. And the halving is gonna happen in less than 100 days. If someone really wants to sell BTC, at least it's worth waiting until that happens.

when an investor has had their Bitcoin long enough and then he wakes up and sees that now his investment is making a profit. who refuses to sell it now?
I mean everyone's thinking is different. as well as investment planning. no one is stupid when they sell their Bitcoins. despite skipping ATH, believe me, every investor has their plan.
So it's up to you to sell or hold.

big kid

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Quote from: crypticj on February 12, 2023, 08:49:18 PM

I think it's pretty stupid to sell right now. Yes, everything will probably go even lower, but DCA is still the best tactic. So buy and hodl bros.

Yes. exactly. And the halving is gonna happen in less than 100 days. If someone really wants to sell BTC, at least it's worth waiting until that happens.

bitterguy28

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two choices from the list , I am still holding and looking for ways to sell at 20k and up .

but another thing that I wanted to buy more if the price continues to decline , if 10k is possible to happen then i will buy more and more from the line.

Quote from: landheer on January 12, 2023, 09:15:15 PM

I still hold my btc, but actually when I look at the market now I feel like selling, because the price of btc has increased quite well, but with all my might I will try to hold bitcoin until the btc price is more than 70000 dollars.I believe that the increase in bitcoin prices in 2023 is a good start.

because there are double digit increase meaning we can find ways to sell , remember that there are much for bitcoin to reach so better to wait.

and also ? I have no reason to sell for now as I have enough budget for living so why need to sell?

Quote from: crypticj on February 12, 2023, 08:49:18 PM

I think it's pretty stupid to sell right now. Yes, everything will probably go even lower, but DCA is still the best tactic. So buy and hodl bros.

wrong , those who have been trapped late 2022 is surely profiting this time around.

crypticj

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I think it's pretty stupid to sell right now. Yes, everything will probably go even lower, but DCA is still the best tactic. So buy and hodl bros.

Woodie

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Unfortunately am no longer a hodler as I have taught myself how to trade these assets using a broker, which as really turned out much more profitable as compared to holding which can take way too long to give you satisfying results(profits) !

Quote from: ?? on ??

Gonna hold until it will hit at least six figures

6 figures like the optimism!
I guess it wouldn't be a bad idea to save up some coins for the next generation and not treat this as an investment to reap profits from.

nullama

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Quote from: coinerer on February 12, 2023, 02:57:56 AM

~snip~
Investing in Bitcoin is always relaxing, I am not against it. But doing DCA can get more bitcoins for the same amount of money and sometimes less. DCA only promotes peace of mind. Sometimes DCA also protects against many losses. Especially when we invest in it for long time but unfortunately we have to sell it for some emergency work. But then if the price of Bitcoin falls too much from the purchase price then we have to face a lot of loss. DCA saves some losses in this case. Isn't that a good point?

Yes, that's basically what I was saying.

I just think that the name is too focused on the fiat price of Bitcoin, when in reality the mindset should be just saving in Bitcoin, independent of the price in fiat.

At the end of the day, we might have a larger proportion of the population getting paid in Bitcoin, and that means that the notion of DCA would disappear because you're not buying Bitcoin, you're just saving money.

That's all.

Hamza2424

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Alhamdullilah, Still holding some amount and also planing for some more even if BTC is going to break 20K Support again then i am planing for a Regular DCA until BTC hit 28 K again. Even i have some ideas now as i am trying to find out some loan on collateral and going to use my current holding to avail a new loan and then put the loan amount again to Bitcoin but its a bit risky so i am waiting for the BTC next move in the coming week. IF it breaks the major support level of 20k then for sure i will try my best to buy more.

I have some fixed goals for the 2023 so hope so BTC is going to make it possible

coinerer

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Quote from: nullama on February 12, 2023, 01:50:08 AM

Quote from: coinerer on February 10, 2023, 11:36:27 PM

~snip~
DCA is always a good strategy for investment. When the price of bitcoin dropped to $15000 we should have adopted the DCA strategy I think many did this and many thought that the price of bitcoin would drop further which is why they waited longer but again bitcoin pumped up to $24000 but that didn't last. It was again reduced to $21000. So I think there is still time to start adopting the DCA strategy and watch the market conditions all the time. Due to my personal expenses I could not collect bitcoins when bitcoin prices were low but now I am trying hard to save bitcoins and follow the DCA strategy

At the end of day "DCA" is simply saving money, in Bitcoin.
I kinda don't like what DCA implies because it's so fixated with the fiat price of Bitcoin.
Once you simply save money in Bitcoin you can simply relax and enjoy your life doing valuable things.

Investing in Bitcoin is always relaxing, I am not against it. But doing DCA can get more bitcoins for the same amount of money and sometimes less. DCA only promotes peace of mind. Sometimes DCA also protects against many losses. Especially when we invest in it for long time but unfortunately we have to sell it for some emergency work. But then if the price of Bitcoin falls too much from the purchase price then we have to face a lot of loss. DCA saves some losses in this case. Isn't that a good point?

nullama

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Quote from: coinerer on February 10, 2023, 11:36:27 PM

~snip~
DCA is always a good strategy for investment. When the price of bitcoin dropped to $15000 we should have adopted the DCA strategy I think many did this and many thought that the price of bitcoin would drop further which is why they waited longer but again bitcoin pumped up to $24000 but that didn't last. It was again reduced to $21000. So I think there is still time to start adopting the DCA strategy and watch the market conditions all the time. Due to my personal expenses I could not collect bitcoins when bitcoin prices were low but now I am trying hard to save bitcoins and follow the DCA strategy

At the end of day "DCA" is simply saving money, in Bitcoin.

I kinda don't like what DCA implies because it's so fixated with the fiat price of Bitcoin.

Once you simply save money in Bitcoin you can simply relax and enjoy your life doing valuable things.

coinerer

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Quote from: Jatiluhung on February 10, 2023, 09:20:48 PM

Quote from: Shobhikhan_007 on February 07, 2023, 10:47:01 PM

I sold all my Bitcoins when it's 44700$. Now i'm just waiting to buy more. I thought this month it will went again 14-15k soon. But seems like this is a bull trap. So just keep waiting. Let's see what happens in next 4-5 months.

why don't you do DCA since bitcoin price is in the 15k-17k area. because in 2022 yesterday BTC was quite long in that area. i doubt bitcoin will come back into the area unless some bigger FUD happens. even now BTC is experiencing a correction due to the cessation of staking by Kraken. and some other fud from America. But not rushing in accumulation is also an important point. But I hope you can stay calm if Bitcoin does not return to the sub-16k area. But everyone has their own strategy in investing in bitcoin. and I congratulate you because you have sold a high area at that time. so you should feel pretty calm looking at the current price. because you can buy more.

DCA is always a good strategy for investment. When the price of bitcoin dropped to $15000 we should have adopted the DCA strategy I think many did this and many thought that the price of bitcoin would drop further which is why they waited longer but again bitcoin pumped up to $24000 but that didn't last. It was again reduced to $21000. So I think there is still time to start adopting the DCA strategy and watch the market conditions all the time. Due to my personal expenses I could not collect bitcoins when bitcoin prices were low but now I am trying hard to save bitcoins and follow the DCA strategy

Jatiluhung

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Quote from: Shobhikhan_007 on February 07, 2023, 10:47:01 PM

I sold all my Bitcoins when it's 44700$. Now i'm just waiting to buy more. I thought this month it will went again 14-15k soon. But seems like this is a bull trap. So just keep waiting. Let's see what happens in next 4-5 months.

why don't you do DCA since bitcoin price is in the 15k-17k area. because in 2022 yesterday BTC was quite long in that area. i doubt bitcoin will come back into the area unless some bigger FUD happens. even now BTC is experiencing a correction due to the cessation of staking by Kraken. and some other fud from America. But not rushing in accumulation is also an important point. But I hope you can stay calm if Bitcoin does not return to the sub-16k area. But everyone has their own strategy in investing in bitcoin. and I congratulate you because you have sold a high area at that time. so you should feel pretty calm looking at the current price. because you can buy more.

Wakate

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Quote from: Jatiluhung on January 12, 2023, 08:30:14 AM

Of course I still hold Bitcoin. and not interested in selling. because it hasn't even been 1 year since I started accumulating bitcoins. So for me this is still the first step. and is still in the middle accumulation stage. I might only be interested in selling when the current ATH is exceeded. Because the money I use for bitcoin investment is really cold money. so I'm not too interested in a 1-20% increase. But I'm quite happy to see how the current market volume continues to increase rapidly. this indicates the market is on a positive path.

I think is more better for us to keep accumulating Bitcoin and keeping it safe. The market is still growing and we expect the market to get to height we will look back and will be very happy that we invested in asset like Bitcoin. Bitcoin is a better asset now that inflation is everywhere and there is no way we can depend on fiat for some saving since most time fiat could depreciate I'm value.
I hope by next year the price of Bitcoin and the total cryptocurrency market value will increase to more than $2 trillion. The future of being a Bitcoin holder is very sure and will get us what we want as an holder.

mendace

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Quote from: yohananaomi on February 07, 2023, 10:27:07 PM

by continuing to hold bitcoin in 2022, when the situation is indeed difficult is of course an extraordinary action. but indeed those who are still holding bitcoins, because he knows that in time bitcoins will increase or because he really has more funds when the situation is difficult he is not tempted to sell and continues to hold them.
it is certain that the market will improve after the era of the halving period which will fall in May 2024 and of course it will continue to hold it because in difficult situations it can be done and the time for improvement is only a moment away.

I absolutely disagree with continuing to insist on long-term holdare if the goal of all of us is to aim for mass adoption, how can this be achieved if we continue to keep them in our wallets? Instead, we should seriously start thinking about creating many local micro-economies to be able to spend them.

humanvelocity

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I stopped holding coins about 1 year ago when they started to fluctuate in value consistently. Maybe if any promising coin launch in future surely i will get back into it and HOLD.

JoyMarsha

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Quote from: DaNNy001 on January 12, 2023, 07:22:34 AM

2022 was certainly a bloody year for bitcoin investors and many drama played out in the crypto space but all that said we have manage to cross the year successfully to 2023.

In the crypto world, 2022 is not going to be a year to quickly forget. The worst outcomes were seen by crypto investors (luna crash and FXT exchange). Thank heavens the market is slowly recovering in this first quarter of 2023.

Quote from: DaNNy001 on January 12, 2023, 07:22:34 AM

2023 is going to be another year of major speculation on the rate on when we are going to experience another bull run and eventually reaching another ATH.

There will likely be a green movement in the price of bitcoin in 2023, signaling that the bull run is just around the corner, as the year 2023 approaches the bull season that will happen in 2024. The price of bitcoin will reach its all-time high in 2024, not this year.

Quote from: DaNNy001 on January 12, 2023, 07:22:34 AM

So am curious to know if everyone is still holding or have chicken out and sold theirs.
Note ::get your coins off any exhange platforms if you are still on the hodl game

Many cryptocurrency investors who are aware of the impending bull run that will soon kick off are continuing to hodling onto their bitcoin investments in their portfolio

MoonOfLife

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Quote from: Nrcewker on February 10, 2023, 04:33:09 AM

Bitcoin holders know the value of Bitcoins. So it means if once they have got interest in Bitcoins, they will HODL it for life.

Selling now is not a wise decision, but to say we will hold bitcoin for life, not using it is 10 times worse than selling now. Bitcoin is just money, just a tool to make our lives better, not something to worship or keep as a souvenir, that doesn't make our lives better.

Quote from: rayhansunny on February 10, 2023, 08:44:47 AM

though not relevant i want to use crypto or btc as payment method of my website design service agency....will get benefit from it ?

It is possible and will benefit your agency, you should create a separate thread with your question, do not ask unrelated questions in other people's threads.

rayhansunny

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though not relevant i want to use crypto or btc as payment method of my website design service agency....will get benefit from it ?

Andrew1788

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In January 2023, Bitcoin proved to be the most efficient asset! Of course I still hold in btc Cheesy

Nrcewker

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Bitcoin holders know the value of Bitcoins. So it means if once they have got interest in Bitcoins, they will HODL it for life. These small ups and downs are done by the whales to manipulate the market. We know the value of Bitcoins and hence holding it. As we all know Bitcoins are limited in number, so yes for that reason it will soon become more valuable and the demand will hence increase. As the demand will increase, in order to fulfil it, the price will also go high. So we all need is just patience and need to wait.

nullama

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Quote from: Mofough82 on February 09, 2023, 08:03:19 AM

Best way to lower your cost basis is to buy more during the bear market.

I don't think there's any other way though Grin

Unless you count mining it, but then again it might be more expensive in electricity

Topic: Are you still holding your coins #btc (Read 2019 times)