Are you still holding your coins #btc - page 7.

nullama

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Quote from: tygeade on January 18, 2023, 07:26:21 AM

~snip~
As long as you do not have any kind of idea when you will sell, that is actually a good thing. Because if you have a limit you are willing to sell at, then we all know bitcoin could possibly pass that, maybe not today but it could. This means if you say "I will sell when it reaches 1 million dollars each", even though it may take a decade or two in order to reach there, it could still reach it and pass it eventually.

So, it is better to not have any solid number you are willing to sell, so that you could end up with making some profit and saying "this is enough" when you see it. Because, that's how you get rich, you see you are rich enough and you will know it, when it happens, not beforehand.

Changing the description to "Buying fiat with Bitcoin" makes me more hesitant to sell any Bitcoin. Because of course you will want to buy some kind of investment, house, whatever, but buying fiat doesn't seem to make much sense to me.

It's basically a gamble to see if I can then buy more Bitcoin with the same amount of fiat. But added to the difficulty of estimating the top and bottom (and over what period of time really) there are also all the exchange fees and government taxes for selling.

It just seems too cumbersome, to me at least, to temporarily move to fiat in the hopes of making more Bitcoin.

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.

lizarder

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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.

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.

That is why bitcoin is considered a speculative asset, but whatever drama has happened to it has not stopped bitcoin from becoming an idol in crypto. The Bitcoin to ATH countdown is fast approaching, resistance points have been seen in a gradual recovery and bitcoin is once again showing progress towards a positive bullish trend, it has been a great start for bitcoin this year as investors and holders have made a comeback from the previous year's turmoil. Entering the market and buying some bitcoins will be very profitable going forward.

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

For now I'm still holding bitcoin, have no intention of selling it before it goes higher or reaches the next ATH.

tygeade

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Quote from: alastantiger on January 17, 2023, 08:10:54 AM

I've held bitcoin before the bear market, I'm holding it now, and I'll keep holding it after the bear market whenever that will be, I don't know. I've made up my mind to be a long-term hold, and there's no turning back. Why can't I retain bitcoin for four years or longer if others have been able to do so despite market ups and downs? I'll hold and keep holding. I believe that bitcoin is here to stay—today, tomorrow, and always.

As long as you do not have any kind of idea when you will sell, that is actually a good thing. Because if you have a limit you are willing to sell at, then we all know bitcoin could possibly pass that, maybe not today but it could. This means if you say "I will sell when it reaches 1 million dollars each", even though it may take a decade or two in order to reach there, it could still reach it and pass it eventually.

So, it is better to not have any solid number you are willing to sell, so that you could end up with making some profit and saying "this is enough" when you see it. Because, that's how you get rich, you see you are rich enough and you will know it, when it happens, not beforehand.

xSkylarx

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Quote from: CryptoBuds on January 17, 2023, 10:07:29 PM

Quote from: bounceback on January 17, 2023, 09:32:13 PM

Quote from: Questat on January 17, 2023, 04:55:10 PM

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.

Perhaps, we can't assume also that 2023 is a good year for crypto but rather expect some dumps. We can't say that we already pass the bear season because even though we saw a few pumps in the market today but still not enough to make us say that we are moving to another phase of the market (bullish). I don't find this become a reason to sell my Bitcoin but rather to keep its hold. The pump is tricky and it is possible will drop again. Maybe I well sell my Bitcoin if the price of Bitcoin will reach $50k again.

We cannot conclude that the pump that occurred at the current bitcoin price will soon enter a bullish period and it seems that the recent pump will only last for a while as some investors who bought bitcoins below $20k will definitely take advantage of the increase to sell their bitcoins. so this will put pressure on the price movement, however if bitcoin is able to maintain its resistance area in the $21k area for the next few days then there is a possibility that the price of bitcoin will continue to increase further and could reach $24k this month or early next month.

Bitcoin is above $21k, and we still have yet to see any selling for a profit in the past few days. Many people buy at a low price doesn't mean they will sell as soon as they make a profit, maybe they still want to hold for a long time or are waiting for a higher profit.

A lot of people bought the dip and keep holding it until the next halving since they expected that the price at that time would increase. I am sure those who sold now that bought at 17K need money or they just want to sell for a profit no matter how small it is. Let's just respect them and we that continue holding let's ride the next rocket to the moon!? For sure due to halving a lot of people right now are saving up money (including me) to buy more what is the price getting ready for halving.

CryptoBuds

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Quote from: bounceback on January 17, 2023, 09:32:13 PM

Quote from: Questat on January 17, 2023, 04:55:10 PM

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.

Perhaps, we can't assume also that 2023 is a good year for crypto but rather expect some dumps. We can't say that we already pass the bear season because even though we saw a few pumps in the market today but still not enough to make us say that we are moving to another phase of the market (bullish). I don't find this become a reason to sell my Bitcoin but rather to keep its hold. The pump is tricky and it is possible will drop again. Maybe I well sell my Bitcoin if the price of Bitcoin will reach $50k again.

We cannot conclude that the pump that occurred at the current bitcoin price will soon enter a bullish period and it seems that the recent pump will only last for a while as some investors who bought bitcoins below $20k will definitely take advantage of the increase to sell their bitcoins. so this will put pressure on the price movement, however if bitcoin is able to maintain its resistance area in the $21k area for the next few days then there is a possibility that the price of bitcoin will continue to increase further and could reach $24k this month or early next month.

Bitcoin is above $21k, and we still have yet to see any selling for a profit in the past few days. Many people buy at a low price doesn't mean they will sell as soon as they make a profit, maybe they still want to hold for a long time or are waiting for a higher profit.
I bought some bitcoins at $16k, $17k, but the goal is still long-term, I accept long-term holdings and make huge profits, not sell now for 15-20% profit. And also, there is no guarantee if I sell now, I will be able to repurchase it cheaper, if bitcoin keeps going up without falling, I will miss a bigger opportunity. I think many investors are thinking the same thing as me.

adzino

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I am sure most of the people that has been in the market for ages has been holding and taking advantage of the events that has occurred last year. Anyone that has been investing during the massive dips has already made some nice profit within few weeks of this year. I have been still holding my coins and have no plans yet to sell any of the coins. Just letting you know, it is okay to sell your coins. You don't have to keep holding it. If you are in profit, and you don't want to risk further, take your profit or at least half of it, so when the price crashes, you don't regret anything.

bounceback

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Quote from: Questat on January 17, 2023, 04:55:10 PM

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.

Perhaps, we can't assume also that 2023 is a good year for crypto but rather expect some dumps. We can't say that we already pass the bear season because even though we saw a few pumps in the market today but still not enough to make us say that we are moving to another phase of the market (bullish). I don't find this become a reason to sell my Bitcoin but rather to keep its hold. The pump is tricky and it is possible will drop again. Maybe I well sell my Bitcoin if the price of Bitcoin will reach $50k again.

We cannot conclude that the pump that occurred at the current bitcoin price will soon enter a bullish period and it seems that the recent pump will only last for a while as some investors who bought bitcoins below $20k will definitely take advantage of the increase to sell their bitcoins. so this will put pressure on the price movement, however if bitcoin is able to maintain its resistance area in the $21k area for the next few days then there is a possibility that the price of bitcoin will continue to increase further and could reach $24k this month or early next month.

nullama

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Quote from: Questat on January 17, 2023, 04:55:10 PM

~snip~
Perhaps, we can't assume also that 2023 is a good year for crypto but rather expect some dumps. We can't say that we already pass the bear season because even though we saw a few pumps in the market today but still not enough to make us say that we are moving to another phase of the market (bullish). I don't find this become a reason to sell my Bitcoin but rather to keep its hold. The pump is tricky and it is possible will drop again. Maybe I well sell my Bitcoin if the price of Bitcoin will reach $50k again.

Maybe, yeah, 2023 might be too early.

I'm thinking that the halvening is coming in a couple of years, and also the fact that central banks around the world will be able to hold up to 2% of their reserves in Bitcoin from 2025.

2025 will be an interesting year for Bitcoin for sure.

Questat

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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.

Perhaps, we can't assume also that 2023 is a good year for crypto but rather expect some dumps. We can't say that we already pass the bear season because even though we saw a few pumps in the market today but still not enough to make us say that we are moving to another phase of the market (bullish). I don't find this become a reason to sell my Bitcoin but rather to keep its hold. The pump is tricky and it is possible will drop again. Maybe I well sell my Bitcoin if the price of Bitcoin will reach $50k again.

Sakanwa

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Me am still holding my bitcoin oh yes, I would like to hold it till any sudden surprise arieses then we know what next to do.
Holding my bitcoin is like me holding alot of money this year 2023,just take a close look at what is going on the market system now is really impressive and it encouraging me to hold on to it.

I am really going to strongly hold onto my bitcoin so I can cover alot of lost last year 2022 was like it should never ever repeat itself again. So I am holding unto it so I might not regret in time coming.

Nwada001

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Quote from: Rana590 on January 16, 2023, 02:13:49 PM

Quote from: Nwada001 on January 16, 2023, 12:38:27 PM

Am still holding strong and I planned to hold for the next 4 years or until BTC surpasses it's all time high..
This New run/recovery from the FX incident gives me more hope that more bull run is coming.. I don't care to know when but for now am not letting go of my Bitcoin 😊

Good decision for you and it is not good time to sell Bitcoin. I really support your strong opinion about holding Bitcoin as it has a great potentiality. If we want to get higher profit from it, obviously we should wait patiently. It is true that we don't know when Bitcoin will hit new ATH but holding for this target is really decision for anyone.

Yes mate... It's only when I have seen ATH that I will be proud of my holding and the profit afterward.. after all I don't have any mapped out plan for the fund now, even if price drop now I will not still sell out of Panic holding is my calling 😂

Luzin

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Quote from: xSkylarx on January 17, 2023, 07:03:29 AM

Others also let their money sleep on their piggy banks that it wont grow over time. But still other people prefer putting money in the bank because it is way more safer than in crpyto because we all know that the risk are high but again the returns are high too. Most of the people I've known is investing on crypto and others just choose on the bank because they are scared to take risk. As long as we have money to spend then it is very best to buy bitcoin on it mostly now the price are low .

Sure, I hold firmly and hope again my Bitcoin will continue to grow more.

Of course maybe it's the same as the state of my region and country. Not many people believe in Bitcoin yet. They think it's just a gamble. So they are not interested in Bitcoin or crypto. Besides, they have not been thoroughly acquainted and have only heard much. In the current conditions, it is also possible that economic conditions have an effect on choosing to invest and meet basic needs. Besides, maybe not all of you are familiar with the internet, but I think my country is in a good development period for the crypto and trading industry.

alastantiger

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I've held bitcoin before the bear market, I'm holding it now, and I'll keep holding it after the bear market whenever that will be, I don't know. I've made up my mind to be a long-term hold, and there's no turning back. Why can't I retain bitcoin for four years or longer if others have been able to do so despite market ups and downs? I'll hold and keep holding. I believe that bitcoin is here to stay—today, tomorrow, and always.

Socialnetwork

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there is a token site that i follow i know the coins listed here are getting popular in 1-2 years https://www.tokenmarketcap.org

Gallar

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I am still strong in my stance, I will not sell the bitcoin that I have until the next bitcoin halving. Because if it is sold at the current price there is no profit, it's better to be patient and wait for the next halving.
because I believe that the price of bitcoin in the upcoming halving will exceed yesterday's halving.

xSkylarx

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Quote from: GideonGono on January 16, 2023, 05:11:11 PM

Yes I am still holding some of my coin, I am trying to hold as much as I could and buy as much as I could right now.
For me it is better to let it sit into crypto than Fiat, I have a higher chance to gain more when I am letting it sleep on crypto than in my bank account.

Others also let their money sleep on their piggy banks that it wont grow over time. But still other people prefer putting money in the bank because it is way more safer than in crpyto because we all know that the risk are high but again the returns are high too. Most of the people I've known is investing on crypto and others just choose on the bank because they are scared to take risk. As long as we have money to spend then it is very best to buy bitcoin on it mostly now the price are low .

yudi09

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Quote from: Japinat on January 16, 2023, 08:18:21 AM

Quote from: yudi09 on January 16, 2023, 02:31:10 AM

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.

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.

If considered as a game, then 2022 is still the best year for investors who managed to get a lot of wins with the hold game despite the many incidents that occurred that affected the decline in Bitcoin price. 2022 is used as a year to buy and hold.

Earlier this year, a winning signal for holders has emerged as the movement looks good for now although we can't be sure that it will continue to increase until it is tied to the new ATH.

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

We are still holding and have no intention of letting the chickens out of the coop.

Good to know, same here, still hodling the assets and not yet planning on selling them in the next couple of years. I have some things to accomplish first whilst waiting for the price I've set before considering to sell some fraction of it. I guess we will know soon if our goal is already approaching.

A decision that leads if you still have no intention of selling for the next few years, especially Bitcoin.
The coin being considered for sale I hope is not Bitcoin, but it doesn't matter if the coin you are referring to is an altcoin or another crypto.
Setting a target price to sell at is not wrong and I have done it in decimal amounts, but in the end it will be regrettable.

Quote from: Japinat on January 16, 2023, 08:18:21 AM

Meanwhile, what we're experiencing in the past weeks was just a small rally but I don't see some signs yet that a bull season will emerge sooner. Just enjoying the day while I can still accumulate coins at a cheaper price.

For the time being I am still enjoying any type of situation, whether it is a rally and so on because every improvement is hope and vice versa.

savetheFORUM

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Quote from: samcoin on January 16, 2023, 01:09:13 PM

I liquidated some of my holdings when the bear market started to look more serious, I remember the 40-45k range when there was a big war between bears and bulls, some analysts were saying we are going to 100k, while others were stating that the bear market is going to start. I luckily sold a part during that period, which I used later to buyback Bitcoin at different price levels.
The best thing a person can learn before joining Crypto is the DCA strategy. It helped me a lot to control my emotions and avoid FOMO by following previously placed plan. In fact, I feel my experience is increasing in proportion to the number of cycles I witnessed.

I was one of the bulls during that time, and bought a lot of bitcoins during 40k period, that was my second highest purchase in dollar amount all at once, I do buy a good amount of bitcoins every month, but I rarely do end up buying that big. I had one at 6k, a huge amount, and another at 40k, those were my two highest amounts.

However, since I had some from 6k and then upwards, I am not at a loss right now, even though I bought higher up as well so it's not a bad situation to me. I wish I bought a lot lower of course at around 16-17k levels, but unfortunately I was one o the bulls who bought there. In any case, I am still holding, and will hold for a long time.

milewilda

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Quote from: GideonGono on January 16, 2023, 05:11:11 PM

Yes I am still holding some of my coin, I am trying to hold as much as I could and buy as much as I could right now.
For me it is better to let it sit into crypto than Fiat, I have a higher chance to gain more when I am letting it sleep on crypto than in my bank account.

When you do store up your fiat on having savings in fiat, you would really be only having 1-2% per annum increase on your deposit which you could say that its not really that not worth but when it comes to security
then there's no doubt that these institutions could really give out that kind of security which it would really be not prone to any type of frauds or other security issues.When you do put up on Bitcoin or crypto space
or simply having investment then high chances that those amounts would bloat or increase out in value but you should also put up into your mind that this isnt always the case considering that we do really have a
volatile market which it would really be that impossible that you wont really be able to witness and realize for yourself on how you should gonna deal with it.

Topic: Are you still holding your coins #btc - page 7. (Read 2007 times)