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Topic: Are you still holding your coins #btc - page 11. (Read 2007 times)

hero member
Activity: 2366
Merit: 594
January 12, 2023, 09:34:00 PM
#34
2023 would be better than 2022 for sure, as the price will be starting to rise as well as our economy, but I am not sure if it will break its previous ATH. Next year, in 2024 or 2025, there is a possibility of a new ATH because of bitcoin's halving. I don't own a lot of bitcoin; I only have a few, but I am still holding on to them until the price is good and it is reasonable to sell them.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
January 12, 2023, 09:29:52 PM
#33
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.
member
Activity: 467
Merit: 61
January 12, 2023, 09:15:15 PM
#32
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.
full member
Activity: 1414
Merit: 129
The first decentralized crypto betting platform
January 12, 2023, 08:56:37 PM
#31
We have had a bloody year, and I believe those who stay in the market so far will not be selling their bitcoins, people who believe in bitcoin are still accumulating rather than trying to sell. Moreover, selling bitcoin at this stage is almost unprofitable, so the sale is pointless. I collected bitcoins in 2022, and I have quite a few bitcoins and I definitely wont sell till bitcoin hits $100k or more. This year I continue DCA, and I believe there is still 1 year to accumulate, not to take profit.
legendary
Activity: 2576
Merit: 1655
January 12, 2023, 06:21:39 PM
#30
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

Yes, I have been holding for the last 6 months or so, although some of my coins I sold already. But I started to slowly accumulate last year as the price is really at a lowest low so they are cheap and doing DCA, which is very effective strategy not just for me but for everyone here. And you have to look long term, we still have like 15 months prior to the bitcoin halving (catalyst for a bull run), so there are plenty of time for us to continue to accumulate and stack sats. Just remember though that it's not just capital that you have to invest, but time and that mentality to hold and not sell even if you see your portfolio making huge profits. Timing is another thing, if you want to sold it, at least should be close to all time high.
hero member
Activity: 2996
Merit: 609
January 12, 2023, 04:29:33 PM
#29

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
Ive been accumulating as much as i could considering that i have bought on 40k~ish price and end up on having negative but i didnt sell off my holdings but rather stood strong even though it is really that

giving that emotional kind of stress deep inside but with proper experience and awareness on how this market behaves or works then you would  really be able to find yourself to handle
and would be able to stood your position.

Bearish and Bullish which these are the two that would really be the conditions which you could really face up into this market which is something
that you should need to deal off always.
staff
Activity: 3304
Merit: 4115
January 12, 2023, 04:28:03 PM
#28
The advice that has paid off over time: buy (or mine) some coins.  Put them in cold storage.  Wait.  Come back and look in a few years.  Hold longer.
Right, although there's a point where this becomes unsustainable in the long run, and the question is when we'll hit that point. While, I'd probably agree that this advice probably still rings true, and will likely yield a positive return. We can't without a doubt state something like this as fact, since there's multiple things that could go wrong which prevents this from happening.

Generally, I prefer to advise users to research Bitcoin, and make the decision themselves based on why they think Bitcoin will hold its value or not. That way, they're responsible for their own actions, and it should become quite evident why Bitcoin will be around for quite a while yet.
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
January 12, 2023, 04:27:45 PM
#27
For Bitcoin assets that I owned before this bearish happened or during the bearish era, of course I'm still holding. Because there is no reason to sell at a lower price. Here, we may fall into a deep depression because of the very low BTC price. But we will actually feel a real loss when we panic and sell our BTC at this drastic price drop. Wouldn't we be better off being patient and waiting for the bullish era to happen? It gets better, Long term holding for Bitcoin is something worthy.

In addition, because the price of Bitcoin is currently very affordable, it doesn't matter if we start buying it little by little for long term investment to welcome the bullish era later. Trust me, invest in Bitcoin for the long term when it's bullish, the results won't disappoint. As long as we are able to hold back and not panic against a sudden FUD attack on the market.
hero member
Activity: 994
Merit: 701
January 12, 2023, 04:22:29 PM
#26
 As 2022 was seen as a disastrous year for some bitcoin holders, it was also seen as an golden opportunity for new comers like me who missed out in buying when bitcoin was very low before it experienced a major rise in the year 2020. We have bought bitcoin now thats it price is very low and we are expecting to hodl it till when another bull run season comes hopefully we can see it reach another all-time-high.

For those of us in the cryptocurrency space, 2022 was a year to remember. From one exchange crash to the next, we manage to make it to the new year. This is another year to be strong and focused on your bitcoin achievements thus far, no matter how minor. Despite the fact that this year has been the worst year in cryptocurrency since the last ATH, I believe people made a good investment by purchasing at a low price.


Quote
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

Okay so you I use to keep bitcoin but recently sold almost all because of personal reasons I need to settle. It’s better to be healthy than to hold riches that you don’t know if you’ll be alive to enjoy it. Looking forward to buying more than before and to hold them for a very long time.
legendary
Activity: 1064
Merit: 1228
Playgram - The Telegram Casino
January 12, 2023, 03:54:22 PM
#25
-snip-
Why is there no option at poll like still holding and accumulating it?
I still do both, and I will as long as I have the funds left over at the end of the month. I think bitcoin is great for long term savings than fiat, it is also a very likely profitable investment. Even if I believe gold can bring me return, then bitcoin has been my top choice so far.
legendary
Activity: 1526
Merit: 1359
January 12, 2023, 03:30:14 PM
#24
Even if the market is bearish, my faith in #BTC never wavers. I'm not just holding, I'm stacking sats! Because in a bear market, the strong-hand investors hold on to their investments. They hold on to them and wait for the market to recover. And with the #BTC's track record of resilience and growth, I have no doubt that it will bounce back stronger than ever.
legendary
Activity: 2814
Merit: 1192
January 12, 2023, 10:44:31 AM
#23
I didn't sell any coins below 40k USD, although I did sell some in 2021. My strategy is going DCA when the price is low and reverse DCA when it's high. I was buying coins in 2018 and held through 2019 and 2020, adding only money that I got from signature campaigns. When we broke 20k in late 2020 I switched into reverse DCA, buying stuff with my bitcoin every month, using about 1% of my holdings every time bitcoin reached an important level like 25k, 30k, 35k, and so on. When we fell from 70k back to 40 I stopped selling and switched back into accumulating when we went to 30k. I've been buying and saving up ever since at every important level with my highest buys being 32k and lowest 16k. I'm not planning to spend anything as long as it's below 40k, even if it takes another 2 years of accumulation.
legendary
Activity: 1358
Merit: 1093
January 12, 2023, 10:42:11 AM
#22
Hodling is the only way. Sooner or later BTC will enter the 1xx,xxx zone, it's so obvious that it's just a matter of time. In the meantime we are spending the crappy fiat, which is made for spending not hodling. Selling all your BTCs at $1xx,xxx would be a very dumb thing to do, because the journey will continue. Always keep some BTC, don't sell more than 15% of your assets or you will shoot yourself in the foot. 1 BTC = 1 BTC even in year 2030 and beyond.
legendary
Activity: 2464
Merit: 2094
January 12, 2023, 10:39:48 AM
#21
It's hard to waste an opportunity to hold bitcoin for long term in the hope that they will make more profit instead of selling them at a low price.
The more here, I'm sure more and more people are holding their bitcoin because past experience must be a valuable lesson in the future. The biggest loss later is not taking advantage of the opportunities that exist today, so always consider the best for a good hope for the future.

No doubt and i can say, I am bitcoin holder right now, and I have no plans to sell for under $100K.
jr. member
Activity: 145
Merit: 1
January 12, 2023, 10:38:56 AM
#20
Yeah, of course I'm still holding. Thank God I'm able to do that and I didn't need extra money for something. Was buying everytime I could, even bought some today. Now I'm wondering if it's gonna be the last BTC purchase in a while or not.
legendary
Activity: 4228
Merit: 1313
January 12, 2023, 10:33:31 AM
#19
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.
  
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.
 As 2022 was seen as a disastrous year for some bitcoin holders, it was also seen as an golden opportunity for new comers like me who missed out in buying when bitcoin was very low before it experienced a major rise in the year 2020. We have bought bitcoin now thats it price is very low and we are expecting to hodl it till when another bull run season comes hopefully we can see it reach another all-time-high.

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

People who panic end up missing the gains.  Pretty much anyone who mined or bought during the 2009 and 2020 period (even some of 2021) is doing well.  The people who were looking to make a quick buck and then overreacted probably didn't know that bitcoin has been very volatile, but over its existence has outperformed every other asset class and certainly inflation by orders of magnitude.

The advice that has paid off over time: buy (or mine) some coins.  Put them in cold storage.  Wait.  Come back and look in a few years.  Hold longer.

And you are right, anyone keeping coins on exchanges is asking to lose them.
legendary
Activity: 1456
Merit: 1108
Top-tier crypto casino and sportsbook
January 12, 2023, 10:33:15 AM
#18
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.

So am curious to know if everyone is still holding or have chicken out and sold theirs.
2022 was a harsh year and was unfavorable to almost every sector in the economy and not just with bitcoins. I am happy to still be hodling some bitcoins even though I had some emergencies last year that required me to get some more money by liquidating some of my holdings, and that was my last resort. Luckily for me, it didn't cost me everything I was keeping and I am back on track, DCA-ing to make up for what I took. I did not liquidate some bitcoins because of the bear market, but because I had some very serious emergency that required more.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
January 12, 2023, 10:31:20 AM
#17
Of course, we still HOLD bitcoins and will not sell until the price returns to ATH again, sorry I cannot mention here how many bitcoins we have but during the bearish phase in 2022 we will continue to buy and will continue to accumulate them.

We still have a good opportunity to buy bitcoin now the price is still low with the increase last night not much and don't panic keep buying bitcoin and hold it until the price is really high even though there are many new investors coming it's a great opportunity it's just that they need mentally strong to start from scratch to run all the time.

Speculation in 2023 is too big, but I won't think about it as long as bitcoins are still not collected a lot, so focus on the goal of owning as many bitcoins as possible.

Well, basically buy bitcoins on exchange platforms then withdraw and HOLD them in hot wallets or cold wallets.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
January 12, 2023, 10:31:12 AM
#16
That's just the best thing to do for now. Well, if you have the guts nd resources to make your assets bigger and hold for a long period of time, ofcourse that would be better. But on my end, my assets are not as big with others that is why I am taking extra caution of my actions. I am waiting for a clear trend line before I make a move whether to sell or hold. It is quite managing the risks involved. The market price is subject for time to time changes because of volatility. But right now, it seems that the price would play around 15, to 17, unless something big will happen for this year.  But at the present, new projects are quite being noisy so it could be an alternative if you're not used to big names in this industry.
hero member
Activity: 896
Merit: 586
Leading Crypto Sports Betting & Casino Platform
January 12, 2023, 10:08:39 AM
#15
The FTX crash,Luna crash and so on affected bitcoin price to drop drastically and so many altcoin crashed out and so many investors lost in the crypto market. Still this was an opportunity for newbies to invest and for people to accumulate more bitcoin for themselves. This shows that in every bad situation there are benefactors,this also made so many investors to understand the way how to keep their investment safe by themselves in a noncustodial wallet,i.e not your keys not your coin.

I am still hodling and I don't have any plans of selling yet until 2025 when I know that the I am ready to carry out my project,but I will not be selling all as I will keep bitcoin as my valuable asset,which I can give to my son when he is grown up as a man.
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