are you still strong holding btc - page 9.

knowngunman

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Quote from: Solokan on April 03, 2023, 08:49:35 AM

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,,

Do not be afraid mate. You are still not late to add more Bitcoin to your portfolio. This is the perfect time to buy because the price is still low if you have resources.

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and I'm currently struggling to hold btc so I don't sell it,

What's making you to struggle to hold? Remember if you're going through a difficult time, do not hesitate to sell off some portion of your Bitcoin to solve your problem first and then work harder to fill it with more Bitcoin when you regain and refrain from whatever problem you're having. We are saving for future and also to be able to do away with our problems. This is one among the reasons we do make investments. Better days ahead.

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I want to ask if you also keep holding btc?

This is not really necessary because it has no impact on you. Holding is individual decision.

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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 2024 is your target, then hold till then but you should know no one can tell what the Bitcoin price might be next month talk more of next year 2024. We are all just being optimistic however.

xSkylarx

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With this kind of thread, I remember again those newbies around January about telling the price if they were going to sell it as they saw that it was dropping, which others also said to keep buying. You bought around 28k, which means you are just starting out, while others have been holding for a few years, which means they are really strong at holding bitcoin and not selling it. What I mean is that there are still ups and downs in your journey in holding bitcoin. Keep strong and continue to hold it no matter what, as for sure you'll gain profit whenever it drops if you have extra money to purchase some of it.

salad daging

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Quote from: Solokan on April 03, 2023, 08:49:35 AM

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,

You have to think about how to make that decision even though you have gotten a decent profit today but if you sell now then you don't have to regret it later if the price continues to rise, but if you are afraid you can't buy from a low price then just hold your bitcoin with Either way it would be better to continue to accumulate what you have with dollars put into it.

Quote from: Solokan on April 03, 2023, 08:49:35 AM

I want to ask if you also keep holding btc?

It is a common question, if an investor believes in the potential of bitcoin in the future he will be very brave to hold bitcoin forever, this is because history has proven about the journey of bitcoin.

Quote from: Solokan on April 03, 2023, 08:49:35 AM

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.

Well you're right, 2024 is the halving that usually happens, bitcoin will be bullish after that, if you believe in that statement then keep what you have.

There has been a lot of speculation about bitcoin predictions for the next year, even I myself will continue to hold it back.

nimogsm

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And where to rush?All the most interesting is yet to come, as for me it is now important to wait until 2024 and make a decision there.At least the entire period leading up to the halving will bring us many surprises and it would be foolish not to take advantage of this opportunity.Now is the perfect time to buy Bitcoin, I continue to hold and increase my savings.

BenCodie

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The media is making it difficult to hold on a short to mid term perspective. March was full of optimism however after the recent flat-lining of price movement and shaky news such as the recent news of the United States is selling over 41,000 BTC acquired from seizure of Silk Road at various points throughout the year. Of course, in the long term with money that you won't need to keep your life afloat...Bitcoin will undoubtedly prosper. The best way to stay strong at this point in time is to only keep what you can afford to keep in Bitcoin for more than 2 years. That way, you are not over leveraging against what you need to get by.

Ndabagi01

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This is a minor profit in comparison to what you anticipate making in 2024. If you don't need the money right away, it's best not to sell now and instead hold on to it for a while. If this is what you intended to do after purchasing your bitcoin, you will make a profit, but it will be relatively small in comparison to what you will make if you hold for a longer period of time.

And you don't have to be afraid to buy now because the price is still low, and it's best to buy now before the price begins to rise for an extended period of time.

Casdinyard

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Yup! Still holding my bitcoins for dear life even though the pressure to sell is a little high right now since nobody really knows if this price hike is sustainable or not and people are looking to cash in on most of the profits. Although to be very specific, I am talking about my initial investments that I have saved since my early days in the cryptocurrency industry. However, salary from my freelance work in Web3, and in this forum since I also take up signature campaigns? I cash them out every now and then since I gotta finance myself in some way. But yeah, all in all, except in some circumstances where I specifically would need to purchase something and my on-hand money wouldn't cut the costs, I take a little out of my bitcoin investments, as of now, Nope.

alik111

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Quote from: Solokan on April 03, 2023, 08:49:35 AM

I want to ask if you also keep holding btc?

Yes I am also holding my Btc and I am waiting for the bull season. Till then I will strongly hold my Bitcoin and I kept it in a non custodial wallet for security reason. You are right we may not see Btc in this price range again. That's why we must never miss this opportunity to grab Bitcoin in a lower price.

bitzizzix

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Quote from: Solokan on April 03, 2023, 08:49:35 AM

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.

I understand your position because you are a beginner and you made a purchase at the right time, which is below the current price, which is 28k, and indeed what you feel is the same as me when you first got to know bitcoin and when the price of bitcoin goes up there will definitely be a desire or question to sell or hold it.
and this incident became an experience for me because these feelings made me make the wrong decision and I sold it, and after selling it it turned out that the price of bitcoin continued to rise and this made me regret it even though at that time I was hesitant to sell it.
and as long as you believe that the price of bitcoin will continue to rise, Hodl is a good choice and aims for the long term because the long term is the best option for bitcoin. And if you can afford or have a steady income, do DCA, as long as it's affordable for you to continue buying piecemeal and Hodl over the long term for bigger profits.

jeraldskie11

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Quote from: Solokan on April 03, 2023, 08:49:35 AM

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.

Even though we can't predict the next move in the market, we can still analyze the market. As we look at the chart of Btc, you can say that bullish trend is going to take off. When you see a displacement, it only mean that there is a strong buyers or sellers. It should be a sign of strength, and there's a choch or MSbB already, this only mean that the reversal of the trend is already happened. Take a look at the weekly chart since the higher time frame will follow. There's a sign of weakness because the demand is low. In other term, it'll be called as a Distribution. So the possible next move of the market is declining or retracement, before it will continue to go up.

That's why I believe that the price of Bitcoin will possibly break the current ATH in 2024.

Fiatless

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Quote from: Solokan on April 03, 2023, 08:49:35 AM

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.

The decision to hold or sell depends on the benchmark set by individuals. Some persons might have planned to sell their coin when the price gets to this level because they have reached their profit level. Some other people like me believe that the price will still go higher than the current price, that is why we still need to hold. I have heard some friends state that they will be selling because they feel that the price will crash so that they can buy again and hold until it comes up gain. I have a long-term plan for my investment which means I am not selling anytime soon except if there is an emergency.

zaim7413

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If you believe the price of Bitcoin will be high in 2024, start increasing the investment amount from now on. Arrange everything according to plan, never release your assets before the goal is achieved. Bitcoin is still able to rise again to higher prices, historical highs will repeat itself as happened on 20/10/2021 when it touched $65,000.
Buy as much as you can afford, then hold on until the price breaks an all-time high. The cycle of ups and downs will continue to occur, after the correction there will be many surprises that will occur.

kelechi

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We only passed first elliot wave so there is more to come in terms of price movement up

Dr.Bitcoin_Strange

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I believe that the Bitcoin price currently is still low compared to the price it will see by 2024, and diamond hands will hold to see more profit in the next halving. But before the year ends, prices will still go above $30,000. Every Bitcoin investor always has a target price they wish to sell at, but due to market manipulation, they sometimes feel tempted to sell. I just learned that the best way to invest in bitcoin is to use the DCA strategy and also set a certain amount to invest every week or month so that you don't need to invest way too much that you will need to sell at a low price to meet your needs.

For me, I am not certain as to when I will sell my bitcoin, but if I see a stable price and a profit, I believe I will be tempted to sell some of my holding. This is not investment advice.

Lucius

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Quote from: Solokan on April 03, 2023, 08:49:35 AM

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,

If you need the money now, then don't hesitate too much about whether you should sell or not - because you yourself claim that you bought when the price was low. If you don't need money and believe that the price will be even higher next year, then forget about everything for at least one year.

I personally would not sell at this moment if I were only focused on profit, because a few months ago (but also now) is perhaps the best time to invest, given the assumptions that the price will rise significantly next year after the halving. Of course, this is all just speculation and it doesn't have to be like that, so everyone has to decide what to do and at what time.

Jody.Drummer

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What's the rush for. This is only the beginning, you could even say that bitcoin is still below the level, so DCA can still be implemented regardless of the current price.
They could be under again but that's also not really a good reason to sell, we are here indeed maybe partly just to trade but partly it is clear that we are in for a long term investment so the current price is nothing if we look at the ATH expectations before even a new ATH that sooner or later was bound to happen.

naira

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Quote from: Solokan on April 03, 2023, 08:49:35 AM

I want to ask if you also keep holding btc?

So far I haven't hesitated to keep collecting Bitcoins every week, even this week I managed to make improvements by adding $500 to Bitcoin which I usually only collect around $50/week for small holders like me, that's enough to be proud of. Trust me, the more you keep your Bitcoins, the less you will want to let them go. Initially, it will definitely be difficult and conflict with needs, but back to the intention, determination, and belief that welcoming the Halving later we will see the highest price that exceeds last year.

BALIK

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I just want to say that you made the right decision not to sell your bitcoins just for a little profit in a short time. Many people are expecting bitcoin to recover quickly, and bitcoin will enter the bull market soon, I think they may have bought enough bitcoin for themselves, or they have bought too much at a high price. But honestly, I prefer bitcoin drop to a quick recovery because I believe once bitcoin recovers and enters the bull market, that means we will no longer have the opportunity to buy cheap bitcoins. as of now. I don't like buying bitcoin at a high price because the profit won't be greater than when we buy at the lowest possible price.

Freddie Boyer

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Quote from: Solokan on April 03, 2023, 08:49:35 AM

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 provide feedback that is informative, persuasive, and respectful of different viewpoints. First, it's important to recognize that investing in a cryptocurrency, such as Bitcoin (BTC), can be a volatile and risky endeavor. The price of BTC has experienced significant fluctuations in the past, and there is no guarantee that its value will continue to increase in the future.

Quote from: Solokan on April 03, 2023, 08:49:35 AM

I want to ask if you also keep holding btc?

The decision to hold or sell BTC is personal and depends on your financial goals, risk tolerance and market outlook. BTC is a volatile and risky investment. However, if you believe in the long-term potential of BTC and can handle the risks, it may be worth keeping your investment.

Quote from: Solokan on April 03, 2023, 08:49:35 AM

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 also important to know that BTC has demonstrated tremendous resilience and growth since its inception in 2009. Many investors and analysts believe that BTC has the potential to become a valuable asset class and a store of value over time.

If you believe in the long-term potential of BTC and have a high risk tolerance, it may be worth keeping your BTC investment in check despite short-term market fluctuations. On the other hand, if you need funds for other purposes or are not comfortable with the current market conditions, it is best to sell some or all of your BTC holdings.

Mauser

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Quote from: Solokan on April 03, 2023, 08:49:35 AM

I want to ask if you also keep holding btc?

Yes I am still holding strong and not even thinking about selling any of my coins. Why are so many people now at 28,000 USD thinking about selling now? The price is nothing compared to the ATH, long term bitcoin is going to rise much higher. The inflation in the world is going to push BTC, so is the halving next year. Like you I was buying last year and all my purchases are in the green now. Making small purchases every month was the best approach to get cheap entry prices. In my opinion it makes no sense to sell any coins right now. I will rather keep buying more coins when I have available money to spare. When selling now the risk of missing out on the next big rally would be too big.

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