I want to ask if you also keep holding btc?
and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.
Topic: are you still strong holding btc (Read 1143 times)
I want to ask if you also keep holding btc?
and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.
I believe in cycles therefore see not reason to sell
Cycles aren't all. If I were to write it the way you did I'd say that I believe in:
decentralization
being your own bank
deflationary properties of bitcoin
government working against us
fiat money eventually going to 0 due to constant printing
bitcoin being the emerging asset class that eventually every investor will recognize
no better way to store my wealth for generations
I'm not holding for the next cycle. I'm holding for the one that comes after and another one and the one when I'm no longer alive, so my children can benefit from it.
I want to ask if you also keep holding btc?
So far I have no doubt collecting bitcoins every week from signature fees. because I believe that in the future technology will not be separated from the blockchain. So Bitcoin investment is a promising investment in the future, where the value continues to grow and the technology will be used by mankind because as long as technology exists and develops, Bitcoin will still exist.That's the reason I will continue to hold Bitcoin, of course, like your reason too, with the halving getting closer it will add to my enthusiasm to continue to consistently collect bitcoins every week because bitcoin will reach a new ATH in the next few years and I believe the four-year cycle will repeat itself.
But to be honest, if my financial situation was more stable, then maybe I would ignore the increase that has occurred in bitcoin and would continue to be strong even for a longer and unspecified time. Like what Hal Finney did, who kept his own bitcoins to be passed on to his children. Maybe I will also follow steps like that if I have enough financial.
Not like that anyway I have to feel the benefits of what is invested but it's not good to save bitcoin just for the sake of being passed on to children but I know what to do for old age later.We will never know our finances will be stable long-term or not while with what is invested there is enough hope where we can enjoy it someday, if from the age of 25-40 stable finances then take advantage of that time in investing while you are productive.
By there keep your coins safely stored in your wallets and don't think too much about your savings, otherwise you may feel anxious and tempted to sell it before the right time.
Unless you immediately need money for some actual emergency (you lost your job, you need to buy some expensive medicine, etc) I struggle to find a single reason why someone should sell his bitcoins at this specific time: bitcoin's value is 60% less than the last ATH, in less than 1 year there is going to be the halving, there is a serious possibility that several bitcoin spot ETFs will be approved. Everything looks pretty bullish for the future. 
Yeah, I am still holding most of my bitcoin, since I don't have to use them anytime soon. Most of my investment are in fact in bitcoin, and it is the only coin that I have sold the least. Just curious.. why do you want to sell? Do you really need the money? If not, then don't sell. Then you don't have to worry about being able to "buy when the price is low again". Just keep holding, and invest whenever you can. Invest even if the price isn't "very low". And if it does go lower, then invest even more. As long as you aren't selling, you shouldn't have to worry about losses or being able to buy again. Set a profit goal, and when you reach the goal, sell it, buy again, and then set a new goal.
Yeah, I'm still holding Bitcoin and I don't think I will sell them soon unless there's a really good opportunity for that. Even then I won't sell a big portion because I believe that Bitcoin's price will increase a lot in the long run. So, I always want to keep a good amount of them in my wallet for a long-term HOLD.
I believe that some people here have been holding their Bitcoin for years already and they have already made a huge profit that they never expected. Nevertheless they are still holding and patiently waiting for Bitcoin's price to skyrocket so they can cash out a bit and enjoy their investment.
What a great example of a HODLer you are! Just chilling with your Bitcoins as you wait for the big rocket to the moon. No FOMO, no FUD, just pure, unadulterated HODLing. My friend, you must have steel nerves.I believe that some people here have been holding their Bitcoin for years already and they have already made a huge profit that they never expected. Nevertheless they are still holding and patiently waiting for Bitcoin's price to skyrocket so they can cash out a bit and enjoy their investment.
Playing the long game is risky, but you have to give it to you: you've got guts. Bear market patience and disregarding bullish rhetoric is not for the faint of heart. Others, meanwhile, are undoubtedly green with jealousy and kicking themselves for selling at the first indication of profit.
So heres to you, dedicated HODLer; may your Bitcoin multiply like a well-fed Shiba Inu. Make sure to write us a postcard from the moon!
I'm not waiting for any bull seasons. I just keep buying no matter the price. And I will only seel if I have a situation of life and death that I really need to dump all my Bitcoin. But that is an extreme situation, for sure. I hope that day never comes and I can keep accumulating calmly over the years, until Bitcoin adoption is high enough that we can use it, like in a daily basis or so!
Means you really will make your bitcoin investment for the long term regardless of time. You will keep it as long as possible as long as you are not forced to use it. And I think that's a pretty good thing as long as you're really only using cold funds. I also hope to hold onto bitcoins as long as I can. But when Bitcoin reaches ATH maybe I will start selling and will start accumulating again when the bear market comes back. But I'll probably keep half of it and try not to touch it for a long time that I won't specify.Like me, there is already a target where when bitcoin $100k is a golden opportunity to sell because it has 3x the profit it gets, but it's not wrong that way as long as they are still profitable then it must be withdrawn immediately, after bullish will definitely come bearish again, this has become a cycle that many people know.
At least it has gotten to be the goal of all of us.
But to be honest, if my financial situation was more stable, then maybe I would ignore the increase that has occurred in bitcoin and would continue to be strong even for a longer and unspecified time. Like what Hal Finney did, who kept his own bitcoins to be passed on to his children. Maybe I will also follow steps like that if I have enough financial.
What if the next bear market is consecutively higher than the previous bull market? Won't you be losing money anyways? I prefer always by no matter the price. Thhat is my only strategy and I don't worry too much about buying lows and selling highs and risking that lows are higher than previous highs!
I'm not waiting for any bull seasons. I just keep buying no matter the price. And I will only seel if I have a situation of life and death that I really need to dump all my Bitcoin. But that is an extreme situation, for sure. I hope that day never comes and I can keep accumulating calmly over the years, until Bitcoin adoption is high enough that we can use it, like in a daily basis or so!
Means you really will make your bitcoin investment for the long term regardless of time. You will keep it as long as possible as long as you are not forced to use it. And I think that's a pretty good thing as long as you're really only using cold funds. I also hope to hold onto bitcoins as long as I can. But when Bitcoin reaches ATH maybe I will start selling and will start accumulating again when the bear market comes back. But I'll probably keep half of it and try not to touch it for a long time that I won't specify.Like me, there is already a target where when bitcoin $100k is a golden opportunity to sell because it has 3x the profit it gets, but it's not wrong that way as long as they are still profitable then it must be withdrawn immediately, after bullish will definitely come bearish again, this has become a cycle that many people know.
At least it has gotten to be the goal of all of us.
But to be honest, if my financial situation was more stable, then maybe I would ignore the increase that has occurred in bitcoin and would continue to be strong even for a longer and unspecified time. Like what Hal Finney did, who kept his own bitcoins to be passed on to his children. Maybe I will also follow steps like that if I have enough financial.
I want to ask if you also keep holding btc?
Quote
and the reason I hold btc is because I believe the price of btc in 2024 will be high
The price of btc next year will definitely experience a price increase, because next year there will be a halving cycle, which usually occurs once every four years for bitcoin. But sometimes, after the halving occurs, usually the price won't increase drastically right away, but you have to wait first. It could even be, the high price increase that will occur in bitcoin will peak early in 2025.Quote
and there will be no more btc prices like now.
For 2024 and even for 2025, the price of bitcoin will most likely be high and not the right way to buy bitcoins, but those years are good years to sell bitcoin assets. So your guess is probably right, in the next year, the price of bitcoin will not be as low as it is now.But if you want to buy bitcoin again, you will have to wait for the upcoming bull run to die down first. Because usually after the halving and bull market are finished, the bitcoin price will decrease again, and that's where you can start buying again.
yes, of course after we make a profit and sell our btc during a bull market, after that we can wait for the btc price to drop first to make a purchase,
you say that in 2024 and 2025 is not the time to buy, but the time to sell. but I don't fully agree with your opinion because in my opinion buying during a bull market is also not wrong as long as you have good analytical skills because we won't know where the peak price of btc will be during a bull market. but indeed buying during a bull market is very high risk.
I'm not waiting for any bull seasons. I just keep buying no matter the price. And I will only seel if I have a situation of life and death that I really need to dump all my Bitcoin. But that is an extreme situation, for sure. I hope that day never comes and I can keep accumulating calmly over the years, until Bitcoin adoption is high enough that we can use it, like in a daily basis or so!
Means you really will make your bitcoin investment for the long term regardless of time. You will keep it as long as possible as long as you are not forced to use it. And I think that's a pretty good thing as long as you're really only using cold funds. I also hope to hold onto bitcoins as long as I can. But when Bitcoin reaches ATH maybe I will start selling and will start accumulating again when the bear market comes back. But I'll probably keep half of it and try not to touch it for a long time that I won't specify.Like me, there is already a target where when bitcoin $100k is a golden opportunity to sell because it has 3x the profit it gets, but it's not wrong that way as long as they are still profitable then it must be withdrawn immediately, after bullish will definitely come bearish again, this has become a cycle that many people know.
At least it has gotten to be the goal of all of us.
Yeah, I'm still holding Bitcoin and I don't think I will sell them soon unless there's a really good opportunity for that. Even then I won't sell a big portion because I believe that Bitcoin's price will increase a lot in the long run. So, I always want to keep a good amount of them in my wallet for a long-term HOLD.
I believe that some people here have been holding their Bitcoin for years already and they have already made a huge profit that they never expected. Nevertheless they are still holding and patiently waiting for Bitcoin's price to skyrocket so they can cash out a bit and enjoy their investment.
I believe that some people here have been holding their Bitcoin for years already and they have already made a huge profit that they never expected. Nevertheless they are still holding and patiently waiting for Bitcoin's price to skyrocket so they can cash out a bit and enjoy their investment.
There is no reason to sell Bitcoin so quickly if I don't need the money urgently, obviously it's not in my investment plan, there is only increasing the amount of assets when I have some additional money from other sources. Bitcoin has grown and will continue to grow as the years go by, the cheapest price is probably the best chance to get Bitcoin at a small discount as the market is down.
Bitcoin has not broken ATH before, the current bitcoin price movement is on a positive path, you will feel a tremendous impact when Bitcoin reaches its highest price.
Buy at a low price, sell at a high price, that's the true concept of investment.
Bitcoin has not broken ATH before, the current bitcoin price movement is on a positive path, you will feel a tremendous impact when Bitcoin reaches its highest price.
Buy at a low price, sell at a high price, that's the true concept of investment.
I'm not waiting for any bull seasons. I just keep buying no matter the price. And I will only seel if I have a situation of life and death that I really need to dump all my Bitcoin. But that is an extreme situation, for sure. I hope that day never comes and I can keep accumulating calmly over the years, until Bitcoin adoption is high enough that we can use it, like in a daily basis or so!
Means you really will make your bitcoin investment for the long term regardless of time. You will keep it as long as possible as long as you are not forced to use it. And I think that's a pretty good thing as long as you're really only using cold funds. I also hope to hold onto bitcoins as long as I can. But when Bitcoin reaches ATH maybe I will start selling and will start accumulating again when the bear market comes back. But I'll probably keep half of it and try not to touch it for a long time that I won't specify.Yes, that is the most common strategy and I can't blame it. You can have the luck that the bear market gives you opportunities to buy cheaper than last time you sold. But you can also fall in the trap that any future bear market doesn't give you values lower than the ones you sold last times. So, that's always a gamble because we all know that Bitcoin tendency is to grow grow grow. That's why I prefer to only buy regardless the price and hold.
I also use Bitcoin whenever I can, I'm not only an hodler. I pay a couple of things with Bitcoin.
It is really best to treat bitcoin not only for investing and holding it but also as a payment method, though I always convert it to my own fiat so that I can spend it because there are only a few merchants here that accept bitcoin.
as we know today btc is in the range of 28000, and i was very lucky to be able to buy btc when the price was still low, and now if i sell it i have a profit but if i sell it now i'm afraid i won't be able to
buying from the bottom again,, and I'm currently struggling to hold btc so I don't sell it,
I want to ask if you also keep holding btc?
and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.
buying from the bottom again,, and I'm currently struggling to hold btc so I don't sell it,
I want to ask if you also keep holding btc?
and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.
I wish I could buy a huge amount of Bitcoin just like the others here can buy with their excess money. Because for now, my resource is not enough to sustain all my expenses, and if ever there is excess is only a small amount something like around 10-15$ only.
I wish I could accumulate Bitcoin too as the others implemented dca to their. That is why sometimes with the excess money I'd rather choose to buy some meme coins that has a potentials to give a nice profit when bull run comes.
I'm still holding until the next bull run and I don't plan selling my coins before that, otherwise there are serious risks I won't be able to purchase more BTC for a cheaper price again, because the price can skyrocket at any moment as soon as I sell my coins. Then it would be a disaster leading me to waste the profit opportunity the bull run brings to us. I believe we just have to be a little more patient until next year to see Bitcoin's price increasing solidly.
By there keep your coins safely stored in your wallets and don't think too much about your savings, otherwise you may feel anxious and tempted to sell it before the right time.
By there keep your coins safely stored in your wallets and don't think too much about your savings, otherwise you may feel anxious and tempted to sell it before the right time.
If we don't need the money urgently, I really don't see any reason why we should sell our bitcoins right now. We've been able to endure the extreme bear season in 2022 and we're just a short distance away from the bull season. So why are we selling now and can't wait any longer for a bigger profit? Some people are expecting the bull season to come sooner, but I am the opposite, even I want bitcoin to drop more so I can buy more bitcoins. Because once a bull market comes in, we won't get a second chance to buy bitcoin below $30k.
I don't have plan of selling my Bitcoin until a new all time high, my bitcoin are safely secured in a hardware wallet currently, I will think about taking profit once we are in a bull market, but now we are still in a bear market and we need to keep holding, only those who are brand new to Bitcoin market will lose hope because they don't prepare for a long term holding, some people expect a one year hold and that's it, but bear market is always longer than a year, instead of enjoying the adoption season they get tired of waiting for bull market.
I'm still holding until the next bull run and I don't plan selling my coins before that, otherwise there are serious risks I won't be able to purchase more BTC for a cheaper price again, because the price can skyrocket at any moment as soon as I sell my coins. Then it would be a disaster leading me to waste the profit opportunity the bull run brings to us. I believe we just have to be a little more patient until next year to see Bitcoin's price increasing solidly.
I believe that experience and knowledge will bring someone to hold Bitcoin to reach the next ATH. The trust will be born when they understand the pattern of Bitcoin travel and that's where the level of risk is no longer a big problem for them. But for some people who implement a short -term strategy for their investments that they live, they might see certain moments to sell them and I believe they also make a long -term investment percentage of the ownership of the Bitcoin they have.By there keep your coins safely stored in your wallets and don't think too much about your savings, otherwise you may feel anxious and tempted to sell it before the right time.
However holding back bitcoin until it reaches its next ATH is the most appropriate strategy and that's why Bitcoin is considered one of the best investments in the long run that can maintain value. I'm not waiting for any bull seasons. I just keep buying no matter the price. And I will only seel if I have a situation of life and death that I really need to dump all my Bitcoin. But that is an extreme situation, for sure. I hope that day never comes and I can keep accumulating calmly over the years, until Bitcoin adoption is high enough that we can use it, like in a daily basis or so!
Means you really will make your bitcoin investment for the long term regardless of time. You will keep it as long as possible as long as you are not forced to use it. And I think that's a pretty good thing as long as you're really only using cold funds. I also hope to hold onto bitcoins as long as I can. But when Bitcoin reaches ATH maybe I will start selling and will start accumulating again when the bear market comes back. But I'll probably keep half of it and try not to touch it for a long time that I won't specify.Yes, that is the most common strategy and I can't blame it. You can have the luck that the bear market gives you opportunities to buy cheaper than last time you sold. But you can also fall in the trap that any future bear market doesn't give you values lower than the ones you sold last times. So, that's always a gamble because we all know that Bitcoin tendency is to grow grow grow. That's why I prefer to only buy regardless the price and hold.
I also use Bitcoin whenever I can, I'm not only an hodler. I pay a couple of things with Bitcoin.
Holding bitcoin is the best thing ever and not to be afraid. Bitcoin price is not stable in one place. Even within one month bitcoin price changes for like two to three times. The price you mentioned as of that time of April 2023 has changed several times and being the 1st of August 2023, the price has come back to the $28k again. And everyone is holding their coins for the next coming ATH bull market of bitcoin. And the expectation is very high. From 2024 - 2025 will be the time of the bull market whereby everyone is waiting to see. I have been hodling since last year to see the bull (ATH) which everyone is clamouring in the forum. It is just a throw of a stone to meet it because this is the 8 month of the year and 4 months is left for us to see the 2024. I wish you all the best.
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