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Topic: are you still strong holding btc - page 7. (Read 1143 times)

hero member
Activity: 2912
Merit: 541
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April 04, 2023, 06:30:11 AM
#62
I am a BTC holder but also sell BTC to cover my daily needs from the profits I get from trading. And I'm still trying to hold on to my BTC for a long time to sell it at the next peak price. But I realized that if there was a sudden need and I needed money, I would be fine selling a small portion of my BTC because it was to provide for my family's daily needs. I can hold another BTC until I meet the next peak price to make a big profit.
full member
Activity: 1834
Merit: 166
April 04, 2023, 04:08:42 AM
#61
For me we have not reached very high prices that would trigger me to sell some of my stash so holding the coins with me because once we break $30k barrier the growth chances are there.I am also in long term holding so short gains won't make me sell so just waiting for right time to get my profitable returns and holding strong till the time.
full member
Activity: 1302
Merit: 129
Vaccinized.. immunity level is full.
April 04, 2023, 03:53:32 AM
#60
I want to ask if you also  keep holding btc?
I really don't see a single reason to sell bitcoin in this moment. We're approximately one year from the halving, bitcoin's value is not even 50% of the ATH, markets are recovering... Of course I could be completely wrong but I would never sell in these conditions. Now I'd rather buy something.


Taking profit is never wrong, but if you don't need money urgently and want more profit, it is better to hold than sell now. There is no guarantee that bitcoin will generate a new ATH after the halving, but history has shown us it has happened 3 times, so this time most likely history will repeat itself, and once a bitcoin investor, we have the right to expect our investment.

I have been diligently accumulating since bitcoin fell below $20k last year, even I hoped bitcoin to drop more this year, but it didn't happen. I don't want the bear market to end anytime soon because once it's over, we'll never have the opportunity to accumulate cheap bitcoins like now.
newbie
Activity: 93
Merit: 0
April 04, 2023, 03:14:48 AM
#59

While we believe that bitcoin will rise in the long run, it's crucial to set a selling goal as holding onto it indefinitely isn't feasible. Our investment goal is to reap profits, but not having a selling target could lead to panic selling during bear markets and loss. I've learned from past experiences and now adhere to my game plan to avoid being driven by emotions. Being greedy will ultimately lead to disaster.

Exactly. The best decision is to make your target and works towards them. In the long-term BTC will get higher, then there is no point in being nervous because of short-term fluctuations.
hero member
Activity: 1148
Merit: 518
April 04, 2023, 03:05:24 AM
#58
While we believe that bitcoin will rise in the long run, it's crucial to set a selling goal as holding onto it indefinitely isn't feasible. Our investment goal is to reap profits, but not having a selling target could lead to panic selling during bear markets and loss. I've learned from past experiences and now adhere to my game plan to avoid being driven by emotions. Being greedy will ultimately lead to disaster.
I'm holding some pieces of bitcoin although I don't panic during the bear season because there's high probability of a pump in when the bull season comes. Presently, I would urged us to bagged more coins during the bear because we might not have good entries when the bull starts. I've made several losses and massive profile from bitcoin, all it needs is fulltime studying and I dedicated most of my time on bitocoin chart. Examine the bull and dump runups of bitcoin, sometimes it hits my SL and I close for the day, most times it do smashed my TP and I also smile for the rest of the day. We know that feeling when our TP are triggered and the profits is gigantic.
hero member
Activity: 3052
Merit: 685
April 04, 2023, 01:17:35 AM
#57

While we believe that bitcoin will rise in the long run, it's crucial to set a selling goal as holding onto it indefinitely isn't feasible. Our investment goal is to reap profits, but not having a selling target could lead to panic selling during bear markets and loss. I've learned from past experiences and now adhere to my game plan to avoid being driven by emotions. Being greedy will ultimately lead to disaster.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
April 04, 2023, 01:09:58 AM
#56
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.

You obviously bought Bitcoin as a speculative investment and not to use as a currency, so based on that.... people have certain expectations, based on what the Bitcoin price did in the past.

Nobody on this forum can give you a 100% guarantee that you will make a profit on the bitcoins that you have bought, because nobody know what will happen with Bitcoin in the future. A lot of people hope it will repeat the same recovery cycle as in the past, but there are no guarantee for that.

My advice.... hold on to it for as long as you can, because it is better to have bitcoins .. than not having it, when the price goes back to a new all-time-high price.  Wink
hero member
Activity: 3150
Merit: 937
April 04, 2023, 01:02:35 AM
#55
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.

This topic belongs to the Speculation forum.
You could sell a part of your BTC and HODL the other part. I'm sure that there will be more price drops(probably during the 2023 summer).
The market won't be always bullish or bearish. The current price can't reach 30K USD because many Bitcoiners are selling, instead of buying more or keeping their BTC. I guess that a massive bullish market would come in the late 2024 and early 2025. Let's hope that there won't be any big FUD news and events in 2023 and 2024(like US crypto ban or escalation of the US/Russia conflict).
full member
Activity: 882
Merit: 100
April 04, 2023, 12:52:20 AM
#54
I think the price of BTC will be higher by the end of 2023. Right now I'm not thinking of anything other than holding BTC.Although I see some gains now, I would still hold till 2024.Bitcoin will enter a bull market soon, so I'm still buying some Bitcoin because it's the best option for long-term Bitcoin.However, some investors are willing to sell at a small profit, and many investors may be selling bitcoins.  They have less patience and I think they will regret it later.We know that when there is a bull run Bitcoin will double the profit compared to the current price.
full member
Activity: 2184
Merit: 184
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April 04, 2023, 12:28:46 AM
#53
Yes, am still holding my Bitcoin because the price is about to hit higher for investors to start experiencing bullish market which is the wish of every potential investors to embrace to start releasing their coins to market for profit making. I think, you have made a good decision for not selling your Bitcoin in this current price than to hold for the price to increase higher, so that you will be part of those that will celebrate when the price return back to $40,000 before the end of this month of April. Since the price of Bitcoin is still moving between $27,000 and $28,000 , I think there is hope for long term and short term investors to experience massive pumping in this season.
sr. member
Activity: 686
Merit: 286
April 04, 2023, 12:16:17 AM
#52
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,
First of all you did very well to buy and hold bitcoins when the price was low and you didn't sell the bitcoins even after a small price increase. You have undoubtedly shown a lot of patience and have held on to your bitcoins until now. Holding Bitcoin is another good decision as the BTC market is constantly moving upwards. If you are patient you will surely earn good profit.
I want to ask if you also  keep holding btc?
Bitcoin currently has nothing to do with not holding Bitcoin at such times. Not just me but any user you ask will tell you that they are now holding bitcoins. Because at this time it is clear that holding Bitcoin for some time can make good profit. Because the Bitcoin market is not growing steadily. So if I can hold the amount of bitcoins that I hold for a long time then hopefully I can make a good profit.
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.
Yes, you are right, not only you but many big people who regularly analyze the Bitcoin market have confirmed that by early 2024 the Bitcoin market will rise much higher than the current market and everyone is currently buying and holding Bitcoin.
hero member
Activity: 1400
Merit: 674
April 03, 2023, 11:39:01 PM
#51
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.

It is the right decision to keep holding on to the bitcoins that you have, yes, even though the estimated profit has been calculated, it is true, as you said, you will not find the same price as you bought it at that time. I also have bitcoin which I still hold to this day and I have seen how much profit it will be if I sell it because I bought it for under $20k at the time, but I didn't want to sell it because the money I used to invest in bitcoin was extra money that I don't want use it long term, so I just leave it alone.

I also thought maybe I would sell it when the price was best in this cycle, and buy again when there was a decline, so that I could get more bitcoins than I have today.
legendary
Activity: 2100
Merit: 1042
HODL
April 03, 2023, 10:34:37 PM
#50
I'm a big believer in Hold Bitcoin, but unfortunately I didn't get the chance to buy large amounts when the price was low because I didn't have enough money, but of course I strongly support Hold Bitcoin.

So far we are in a good buy area so the opportunity is there so far for those who haven't bought bitcoin because we are sure to get ATH in not long, maybe next year at the latest.

Yes, we are still in the good buy zone, if you missed the opportunity to buy low, don't miss this moment. But I disagree with you that we will hit ATH anytime soon, it won't happen anytime soon. For me, if ATH happens next year, it will be a bit early, not the latest. The halving will happen next April or May, and in the past, bitcoin would hit ATH after a while when the halving occurred, meaning we still have a long way to go. Unless history changes and something unexpected happens.
legendary
Activity: 2576
Merit: 2880
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April 03, 2023, 09:07:08 PM
#49
I want to ask if you also  keep holding btc?
I really don't see a single reason to sell bitcoin in this moment. We're approximately one year from the halving, bitcoin's value is not even 50% of the ATH, markets are recovering... Of course I could be completely wrong but I would never sell in these conditions. Now I'd rather buy something.
member
Activity: 476
Merit: 60
April 03, 2023, 07:57:57 PM
#48
You are very lucky to be able to buy btc at very cheap prices
and if you are still holding on until now that is a very good thing.

and I also still hold my bitcoin because I also believe that the price of bitcoin in 2024 will be higher than now.
and indeed it seems that we will find it difficult to find bitcoin prices in 2024 at prices like now.
legendary
Activity: 2506
Merit: 1394
April 03, 2023, 07:37:30 PM
#47
(....)
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.
It seems we are the same reason. Additionally for me, is because of the upcoming Bitcoin block halving. Because of what I observed and compare all the past Bitcoin block halvings, I can see that Bitcoin is starting to pump before the Bitcoin block halving event started. So for me, I am maybe too early but it's ok as long as I am not late.
member
Activity: 392
Merit: 31
April 03, 2023, 07:33:09 PM
#46
holding bitcoins is each person's right so the decision is in your hands, if you really intend to invest in the long term, I think if you sell it now it's not a good thing.
because the current bitcoin price can still be called cheap.

and I think your decision is very good if you are still struggling to hold bitcoin.
I hope your investment is successful.
full member
Activity: 896
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April 03, 2023, 07:28:46 PM
#45
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.

     If you believe that bitcoin can reach 100k$ each, and you are saving it now you should not sell it. What's the point of selling it now if you believe that bitcoin will be 100k$ in the future?

    As I said, you only need to use common sense, you don't need to be an expert here. Why should you be dazzled by a small income when in the future you can earn a large amount. It's that simple, but from what I see you don't have a time frame when you want to sell the bitcoin you have, which will be your problem and you can blame yourself in the end.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
April 03, 2023, 06:16:39 PM
#44
If you know what you are doing then you won't sell it today, you will wait when the bull market arrives. Don't get tempted with what you saw today since it doesn't compare to what you will gain during the bull run so if I were you I would hodl as long as I could until the bull run show up or there's a new ATH that would surpass the $67k ATH last bull run.

Try to look at the chart and analyze it's bull market on what year and what price they are to consider what is your next move. Bitcoin will be going to the moon next year so extend your patience and HODL! Cheesy

People need to know that bitcoin rewards its holders if they can hold if for long term. These days these exchanges have put us in the mindset that we do future trading, quickly buy and sell bitcoin to gain some money. People have forgotten that instead of trading actively, just holding bitcoin for few years can be more profitable.

I bought Bitcoin below $20k a few months ago and I will definitely be strong enough to hold it long term. I believe that bitcoin will reach a new ATH when the 4th Halving will happen.

You bought bitcoin at almost the lowest price and now all you need to do is to hold it for the next two years. You may sell it in the next bull cycle which shall be near/after the halving.
legendary
Activity: 1946
Merit: 1157
MAaaN...!! CUT THAT STUPID SHIT
April 03, 2023, 06:02:51 PM
#43
I bought Bitcoin below $20k a few months ago and I will definitely be strong enough to hold it long term. I believe that bitcoin will reach a new ATH when the 4th Halving will happen.
That will be the peak that many crypto investors are looking forward to. The current price is still quite cheap when compared to the previous ATH. There is no harm in buying gradually and holding it. I started buying gradually when the market really crashed.
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