Are you still holding your coins #btc - page 12.

Sayeds56

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Quote from: Periodik on January 12, 2023, 08:54:11 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.

Iranus

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I did not sell all of my portfolio in 2021, I was expecting the bear season to come in 2022, and I am very pleased with what I have achieved so far, although I see many people feeling bad that bitcoin has dropped 80% by 2022. I accumulated some bitcoins in 2022, and in 2023 I hope there will be another down year so I can accumulate bitcoins at a lower price. As such, I have no reason to sell my bitcoin at the moment, I will only sell when it crosses the old ATH.

aoluain

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Quote from: Maus0728 on January 12, 2023, 08:08:19 AM

Maybe in between? I liquidated 25% of my holdings because I had to get the money for my final year of college. This covers my tuition, a laptop, and a desktop computer needed to complete the majority of the coursework.

The rest remain on hold. And I still hope to reimburse all of these previous expenses by freelancing and some part time employment. Hoping to get back on track within this year.

Yea I think a lot of people will at some stage have to liquidate some Bitcoin to cover
unforseen expenses. I had to do the same in 2022, a small percentage had to be liquidated
but I'm predominantly HODLing.

For anyone who is in Bitcoin for a number of years, we realise that 2022 was just a year
in a cycle. Buying in just at the time of the ATH means a bear market will be experienced.
Not everyone realises that it's the time of HODLing, not selling out of panic or FUD.

348Judah

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

2022 was certainly a bloody year for bitcoin investors

Should we assume last year to be that bloody woth investors when you are presented with the opportunity to hold and not sell your coins while the bitcoin isn't going down to zero to have cause this great panic of fear for missing out, i will rather believe it's a year to hold down and for new investor to set for coming in.

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

and many drama played out in the crypto space

Alot of dramas to say have happened but much of them where not directly with bitcoin holdings but as a result of centralized exchanges collapse and lost of bitcoin worth millions due to holding them on a third party wallet and other scam associated with hacking and loosing the bitcoin when the wallet keys were compromised which should be from our end and not bitcoin.

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

If you aren't holding now i don't know the appropriate time to hodl again when the bitcoin price is already dip, the best advice nowbis to invest, hodl and keep your asset decentralized and private by avoiding any means to third party access with your bitcoin investment and the access to the keys.

Beparanf

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Most of the bull run didn’t happened a year after the biggest dump on ATH occurred. Typically this year will be a continuation of bear market or a long sideways. A longer accumulation phase is necessary and a great sign for an upcoming bull run and not a quick recovery from the recent big dump. This year is the best time to enter on Bitcoin slowly because typically another low always appeared on this time when everyone is fear of losing due to the recent big dip event.

I’m still holding most of my old investment in Bitcoin but I already flip the rest of my altcoins since last year and add to my Bitcoin balance. Putting all my eggs on Bitcoin is my strategy this year for a better accumulation with less risk of losing money.

m2017

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I can’t argue with you here and I have to agree that 2022 was a very, very unpleasant year for bitcoin. I would say even a catastrophically unsuccessful year for btc. But despite all the troubles, bitcoin was able to withstand and once again show that something is yes costs. It also gave new opportunities to build up btc in their wallets, which many took advantage of.

I think there is no clear answer and there will be people who still hold btc, and those who sold at different stages. Some are better, some not so much. Even those who sold at a loss can now buy bitcoin to make up losses later or even make some profit.

Now there is certainly no point in selling, because this is the time to buy and accumulate. Perhaps this is the last chance before the start of a bullish trend.

Helena Yu

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I still holding my coins and keep accumulating until the next bull run maybe at 2024-2025, after that I might sell half of my coins and then wait until bear market happen and then keep repeat it. Bitcoin is still become the most unique currency and there's nothing can replace Bitcoin for short time, so I expect the future will be on Bitcoin side regardless governments ban or not.

Zanab247

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Yes, am still holding my Bitcoin for the price to reach my expectation in this 2023 before I can sell to make suitable incomes from the market. What I saw in the crypto market few hours ago show that bull season will soon kick off for those that hold for a long time to think of how to visit the market to release their coins to achieve what they want and wait for another opportunity to come before they can buy and hold again. Since the price has demonstrated some signs in this month of January, that is making majority traders to believed that this new year will be better than last year 2022.

Periodik

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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.

Zaguru12

hero member

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The year 2022 might have been the hardest to some who trust Centralized exchange like FTX to store their funds or others who invested in altcoins that couldn’t survive the bearish year. But certainly it was a great year for me, first for the opportunity to join this forum and then to gain more knowledge about bitcoin. The best of it is the fact that we had the opportunity to buy bitcoin below the $20k cushion. Who will have thought we get it this low.
I am holding some although it doesn’t seem much to me but I have the holding in two categories. One batch will be sold when the current ATH is surpassed and the other batch will be next halving after that 2024 if at all there isn’t any surprises or emergency beyond the my emergency funds

Jatiluhung

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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.

Maus0728

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Maybe in between? I liquidated 25% of my holdings because I had to get the money for my final year of college. This covers my tuition, a laptop, and a desktop computer needed to complete the majority of the coursework.

The rest remain on hold. And I still hope to reimburse all of these previous expenses by freelancing and some part time employment. Hoping to get back on track within this year.

raybucks

jr. member

Activity: 102

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The 2023 is began and I still holding my coins
Yes, this is very perfect time to invest in crypto for new comers, but I think this is not very bottom of bitcoin it will fall further so new comers should DCA(dollar cost average ) means buying very week or twice a month , so you make an average price ,

And 2022 was very bad year who came in crypto market in bull market or ATH, I also bought on 50k or around 50k and Still holding it,
and thinking to DCA And buy more bitcoin

Do not invest more than you afford to lose especially in crypto

And now Many people came in crypto and some are scammer minded so stay away from shitcoins

and yes we bitcoiners always hold bitcoin

DaNNy001

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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

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