Are you still holding your coins #btc - page 10.

ilovealtcoins

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Quote from: 8rch7 on January 13, 2023, 11:34:29 AM

Based on my experienced, become holder and diamond hands is not good choose and better with using stop loss when trading or investing in Bitcoin or altcoin. I have enough experience after losing great opportunity when selling coin at higher price but holding make me blind and can't earn maximum profit after price dropping.

Use limit with how many percentage taking profit with your coins and don't forget with stop loss position due with your capacity how percent when price dropping. I won't become loyal when holding some altcoin or Bitcoin, better taking profit as soon possible and our money keep productive in daily day than become long term holding.

I disagree, if it's shitcoins there's nothing wrong with using stop losses because once bear season comes they have almost no chance of recovery. But if it is bitcoin, then stop loss is a waste because we will not know after stop loss bitcoin will increase or decrease after that, and bitcoin is always the only coin that will rise again after bear season is over.

kryptqnick

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I'm happy that the vast majority keep hodling, but I think the poll is missing an essential option for people who are traders, those who use Bitcoin for gambling, or those who occasionally sell/spend Bitcoin when they see fit. This option would be something like "I've continued to use/spend BTC regardless of the dip". I'd fall into this category, and I'm sure many others will as well. It's not about panic selling or selling everything, but it's not hodling either. I largely disregard the price when I can and focus on whether I need to spend money on something and whether I have enough fiat to get by without spending BTC. To me, Bitcoin is money, even though it unfortunately can't usually be spent directly.

8rch7

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Based on my experienced, become holder and diamond hands is not good choose and better with using stop loss when trading or investing in Bitcoin or altcoin. I have enough experience after losing great opportunity when selling coin at higher price but holding make me blind and can't earn maximum profit after price dropping.

Use limit with how many percentage taking profit with your coins and don't forget with stop loss position due with your capacity how percent when price dropping. I won't become loyal when holding some altcoin or Bitcoin, better taking profit as soon possible and our money keep productive in daily day than become long term holding.

Hauff Murray

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I'm still holding on to my coins because I don't want to sell them before they've fully appreciated. My plans are long-term in nature. I am among those who believe that bitcoin has not yet reached its peak and that it will not until the end of 2023.

passwordnow

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Quote from: DaNNy001 on January 12, 2023, 08:22:34 AM

So am curious to know if everyone is still holding or have chicken out and sold theirs.

Fortunately, with the lesson that I learned before the bull run in 2021. I've managed to keep a few of them, it may not be big as what I've read from the other members here but still, I'm happy with this achievement of mine.
2022 was certainly full of challenges and if there's a market that's been challenged a lot, then that's bitcoin for sure. With all of those biggest collapses that has been reported, still, look at it right now and it's still alive and pumping.

Tony116

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Quote from: Kelvinid on January 13, 2023, 07:01:17 AM

Quote from: DaNNy001 on January 12, 2023, 08:22:34 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.

2022 is a bloody year for crypto and 2023 might be the same. We can't expect the recovery will be easier and come fast as we are still facing the huge -market challenge - war and price inflation. I really don't want to think about negative this year but I couldn't forget also the previous bear season where it takes several years before we see the green color of the market. Of course, ATH is not impossible but if we think it comes this year, that is totally impossible.

Even though it takes so long to wait, I'm still holding no matter what.

I agree with you, I also think that 2023 will be another bloody year for the market, as the bear market won't end in such a quick and easy manner. As you can see through previous bear seasons, investors have started to get wiser, so I believe the market is beginning to become more unpredictable as well. Bitcoin has had a very good start this year, and people are starting to think about a bull run this year, so that makes me even warier.

lousie9

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yes, 2022 is indeed a bad enough situation to be in. but there's nothing to do but hold on until bull season arrives. although some investors there will be quite a few of them who will give up some of their bitcoins due to unfavorable conditions.
all hoping for something better this year, we had quite a long bear season last year. and now the beginning of the year which is enough to give fresh air. hopefully, Bitcoin gets a long enough rally. this will be a remedy for those who remain with Bitcoin in their wallets.

Getmon

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I am still holding strong. I will not sell it for $18,000 and not even $50,000. The objective is to hold for the long term, but if it reaches another all-time high, I might think about selling some.

Additionally, I must purchase more bitcoin because I only have a few decimals at the moment. It is a pity that everything these days is so expensive that my bitcoin accumulation is hindered with my limited budget. By the end of the year, I hope to have one bitcoin.

Ziskinberg

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Honestly, I sell some of my Bitcoin but still have some left ready for the upcoming Bullrun. I wasn't thinking it was a bad decision because I did it for some reason, not of being worried about the future. Holding Bitcoin is the safest way this time and we do this normally when the bear season comes and sells when it was bullish. And we did this because we trust Bitcoin and we are certain that it will recover someday. The hopes can't be erased and this encourages investors to just buy Bitcoin and hold than choose altcoins.

Periodik

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Quote from: Sayeds56 on January 12, 2023, 11:01:28 AM

Quote from: Periodik on January 12, 2023, 09:54:11 AM

2022 surely is a bloody year for Bitcoin and probably all portfolios, but it is never a wise idea to sell during a dip. That could be a trading strategy but make sure you know very well your analysis and know exactly what price you will buy back. If you are clueless about it, you better be hodling strong and just wait for the bounce back. There will always be that time. If 2022 is bloody, 2018 was bloodier. I was there and I survived. There's no way I can't now.

Year 2022 is history now but it will be remembered as a very difficult year for crypto, as collapse of FTX and Luna triggered massive sell-off across the board & many investors suffered huge losses & some of them lost their life time savings. Additionally, the interest rate continued rising throughout the year due to high rate of inflation, which had also negative impact on all financial markets including crypto.

Hopefully, 2023 will be an improvement year over 2022, which is also evident from beginning of market recovery. Bitcoin is now trading above 18k which is a good news for crypto Investors & traders. Market analysts also expect a less harsh monetary policy in 2023 which is another positive factor.

This early I can guess the year 2023 is probably a better year than 2022. Every possibility is open but I remain hopeful that this year would see a better performance in the market. The signs are pointing that way at least. We are not guaranteed though.

The fall of Terra and FTX and others all happened in 2022. But it doesn't mean there are no more collapses this year. Gemini and Genesis as well as Binance, Crypto.com, Huobi, and others are probably dealing with some financial hardships. I hope the recovery of the market will continue so that all of them will also have better days this year.

Cantsay

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I wouldn't dare sell of Bitcoin I bought when it was around thirty thousand dollars when the price has dropped drastically to $17000 that would be a big loss in my path so I chose to resist that urge and just keep hodling them. The ones I sold were the ones I realized when I converted some tokens I earned from airdrop to BTC.

Quote from: landheer on January 12, 2023, 10:15:15 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.

I don't have any plan to sell those that I bought with my money until the price of Bitcoin gets to $120k only then will I be willing to sell them off. I Believe before 2025 it might have gotten there.

Adbitco

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Why do you think people would just sell their btc very cheap, for me 2022 was a year with lots of planning for investors to buy more, which i believe would be the least price we could find bitcoin again, and if time do not permits we can never see it at that cheap price anymore.
So therefore its very essential to hold till the next bull season because we all know another halving is around the corner, this could cause a greater height for bitcoin.

crunck

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Neither have I sold any of my bitcoins in 2022 nor do I have any reason to sell them in 2023 either. I believe 2023 is still a bearish year, I will try to accumulate more and only sell bitcoin when bitcoin makes a new ATH or surpasses the old ATH of 2021. Bitcoin is recovering but I am pretty confident that this will be a small rally and it will fall again soon.

Kelvinid

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Quote from: DaNNy001 on January 12, 2023, 08:22:34 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.

2022 is a bloody year for crypto and 2023 might be the same. We can't expect the recovery will be easier and come fast as we are still facing the huge -market challenge - war and price inflation. I really don't want to think about negative this year but I couldn't forget also the previous bear season where it takes several years before we see the green color of the market. Of course, ATH is not impossible but if we think it comes this year, that is totally impossible.

Even though it takes so long to wait, I'm still holding no matter what.

BlackRexuz

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Quote from: DaNNy001 on January 12, 2023, 10:29:52 PM

Quote from: landheer on January 12, 2023, 10:15:15 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.

If you are planning on keeping it till 70k mark then this temporary uptrend shouldn't tempt you into selling your coins. Although many people might be facing this kind situation now because the rise of bitcoin in this early January is really good and getting to 19k mark which means there is positive signs of it continuing and even reaching the 20k mark then I know the temptation to sell will even be more but i urge every one to hold on tight for the rest of the year and lets see where it ends us.

Will not be tempted by an increase in the price of bitcoin at this time. If someone uses his money to buy bitcoin from the rest of his salary, there is a possibility that he will hold it, without having to be tempted by the current price of Bitcoin, because the money used is not money for necessities of life, so there is a possibility that they will hold it until the bitcoin price is above 70k more, than most people buy bitcoin from loans or from their daily needs, if holding it too long then it will make it difficult for themselves.

BALIK

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Quote from: landheer on January 12, 2023, 10:15:15 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.

What price did you buy bitcoin? And the current gap with your $70k goal is still far away. If you are a long term investor and using DCA in 2022, then I believe you are not profitable right now, even though the bitcoin price is trending up. I did DCA from $40k till bitcoin dropped to $15.5k, and now the average price I'm buying is still higher than the current bitcoin price, meaning I'm still losing. Bitcoin rallying to $19k is a good sign, but there won't be many sellers at this price except those who need the money urgently.

Maximo Spohn

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Before the bear market hit, I sold my coins. But a lot of coins in my hand are slowly becoming devalued because of my holding. In order to stop the loss in time, I can only sell the coins in my hand. Now I have Bitcoin, ETH, BNB, and other top coins in my hands. These are coins that I do not intend to sell. Hopefully what I'm doing now will allow me to hear good news later.

mvdheuvel1983

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Quote from: DaNNy001 on January 12, 2023, 08:22:34 AM

So am curious to know if everyone is still holding or have chicken out and sold theirs.

For me, the best passive income approach is holding bitcoin.
Why, knowing that I will eventually make money, would I not want to hang onto my bitcoin? Regardless of how 2022 turned out, everybody who has played this game knows that bitcoin's value will increase, largely due to how scarce it is.
My pretty straightforward plan for bitcoin in 2023 is to purchase more, transfer them from an exchange to a secure wallet, and then watch it rise.

Fara Chan

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Yes, until now I still hold Bitcoin Assets. Our belief in Bitcoin is still very consistent, despite 2022 bloody market conditions engulfing Bitcoin as well as Crypto markets. However, at the beginning of 2023, Bitcoin's growth began to increase little by little, we are sure that Bitcoin will be pumped up again, of course we are waiting for ATH to speculate a good profit to sell it, at this time we are still saving and buying it to be used as an investment asset.

In 2022 we declared it was a bad year, especially for Bitcoin holders, now that year we will remember as a difficult history for Cryptocurrency ( Bitcoin ).
Now the work that the OP is doing "Buying Bitcoin by taking advantage of low/easy to reach prices, of course we are doing it too". A little advice for our colleagues, maybe beginners/newcomers. We suggest continuing to invest and holding it until the bull market season, because this is one of the right times/seasons to do it.

Bitcoiners will certainly hold and continue to hold Bitcoin.

lienfaye

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I'm still holding my Bitcoin because I believe holding for long period is the best strategy if your goal is to to be a huge gainer.

However, there are times i'm really in need and have no choice but to sell some especially last year. I had to sell my Bitcoin to buy additional items for our shop and for house renovation. So this year, I'd like to increase my holdings through buying and keeping my profit from the sig as much as possible. Anyway, it's good to see the price slowly recovering because it's been a while since we last saw the price had a positive movement.

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