Are you tired of waiting for the jump? Pls Hodl

yohananaomi

sr. member

Activity: 2366

Merit: 267

Vave.com - Crypto Casino

Quote from: Yaunfitda on June 20, 2023, 05:59:15 PM

You need to have a lot of patience if you are a bitcoin holder, you don't want to lose lose after a certain period of time, if you have seen the bear market. On the contrary, bear market is a good test for everyone to see how tough you are as a crypto investors.

If you yourself give up early, then it's game over for you. The name of the game is to go long here, although from time to time you can sell if you need money specially times you have emergency. But it's better to continue to HODL and accumulate for long term, or at least the accumulation phase in a bear market, then you might want to sell at a huge profit in the incoming bull run.

holding bitcoin does require extra patience and having sufficient funds, because bitcoin is more suitable and accustomed to long-term investments, although not a few who are experts in trading can do it and are very profitable too. so that if you don't have patience and sufficient funds, you can be sure that you will be forced to sell before the time [for the bull market] arrives, so that you cannot get the maximum profit. at least it takes 4 years [halving era] to be able to see the success of bitcoin to be obtained.

AmoreJaz

legendary

Activity: 3066

Merit: 1101

Leading Crypto Sports Betting & Casino Platform

Quote from: Vaculin on June 20, 2023, 04:58:21 PM

Don’t bother to invest if you are not patient enough to wait for its best price to sell. We all know that bitcoin do not give us fixed price because of its high volatility, instead expect for a roller coaster price due to price fluctuations. So never stop hodling as it’s the only key to make you profitable in your long investment. Otherwise, if you sell at a certainly much lower price, you are not investing to be profitable, but you are here just to lose more money like gambling.

the fact is, a lot of people here are impatient, thinking that once they got a hold of some satoshis, they can easily turn it to multi-million dollar investments. am just exaggerating here but you know what am saying.
there's more than meets the eyes in this market. they will learn their lessons quick once they start losing some. good if it is btc, because we know it won't disappear anytime soon. but for other alts, a lot of them are going down the drain without a warning.

Yaunfitda

hero member

Activity: 2814

Merit: 574

Quote from: Hamza2424 on June 20, 2023, 03:44:29 PM

Yeah, I do understand one who is determined to hold can also lose hope after a certain period because everyone has a limit of patience. When I did start holding it was already the bottom of the market jumped and jumped a lot the back-to-back drops and small recoveries all this experience made me a person who can hold if I want to in any type of situation. Newborns face most of the Holding issues because they had less experience with market volatility and this is the reason they possess tiny patience. Holding can be boosted only the money which is invested is extra money. Boarrowed money investment cant be held for a long time there are many reasons for this.

You need to have a lot of patience if you are a bitcoin holder, you don't want to lose lose after a certain period of time, if you have seen the bear market. On the contrary, bear market is a good test for everyone to see how tough you are as a crypto investors.

If you yourself give up early, then it's game over for you. The name of the game is to go long here, although from time to time you can sell if you need money specially times you have emergency. But it's better to continue to HODL and accumulate for long term, or at least the accumulation phase in a bear market, then you might want to sell at a huge profit in the incoming bull run.

Vaculin

hero member

Activity: 2898

Merit: 612

Don’t bother to invest if you are not patient enough to wait for its best price to sell. We all know that bitcoin do not give us fixed price because of its high volatility, instead expect for a roller coaster price due to price fluctuations. So never stop hodling as it’s the only key to make you profitable in your long investment. Otherwise, if you sell at a certainly much lower price, you are not investing to be profitable, but you are here just to lose more money like gambling.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: Botnake on June 18, 2023, 05:26:29 PM

I have bee here for quite long years so now I understand how highly volatile the price of bitcoin is. And if you insist selling at a low price, even lower than the price you bought, it will always be a sign of loss. So the best way is to understand that bitcoin will have it own time to rise its price, and hodling it until it’s price become bullish is the best key to be in profits.

Selling your bitcoin just because you are already tired of waiting for a jump simply means you have a poor mindset in your investment. You should have known from the first place that bitcoin will not just keep on surging it’s price all the time, it has also its own time for a price decline especially if there are factors that suddenly affect the market condition. Hodling will make you profitable in the end, just trust the process and the high potentials of your coin.

Hamza2424

legendary

Activity: 966

Merit: 1042

#SWGT CERTIK Audited

Yeah, I do understand one who is determined to hold can also lose hope after a certain period because everyone has a limit of patience. When I did start holding it was already the bottom of the market jumped and jumped a lot the back-to-back drops and small recoveries all this experience made me a person who can hold if I want to in any type of situation. Newborns face most of the Holding issues because they had less experience with market volatility and this is the reason they possess tiny patience. Holding can be boosted only the money which is invested is extra money. Boarrowed money investment cant be held for a long time there are many reasons for this.

tjtonmoy

sr. member

Activity: 1008

Merit: 366

These are the events that have help us to understand that, Bitcoin is not a short time investment asset. If we really want to get the best result, we need to HODL for a long time. Long term gains are achieved from HODLing Bitcoin. It is a kind of investment that will only be profitable in the long run. Short term market volatility will only push towards the loss and even if you get profits, that won't be much. In bull market, you can get good profits, but in normal market, it is not that much. Also, HODLing BTC will give you financial freedom beyond traditional banking. That is no surprise, because we all know about it.
Short term gains could be achieved through trading, but that comes with many complications. So stress-free and with less risk, HODLing is the best option. Add DCA to that, you will get the best result.
History teaches us what to do. And with Bitcoin's current reputation, long term is the key for success in Bitcoin investment.

ancafe

hero member

Activity: 1582

Merit: 690

Quote from: Cvetik56 on June 19, 2023, 02:41:18 AM

I can't be tired of holding since it requires nothing from me. I mean, I'm not scared because I know that I'm not gonna lose my money, and I'm not investing more than I can so I won't need that money unless something really critical happens.

Holds are still a good option in bitcoin and fear depending on how well you understand investing and usually experience being directly involved in investing will give you an idea of how one might choose to hold. I think everyone needs money and it feels quite strange when we say we don't need money, it's just that maybe you have prepared the money you need to use it in a systematic and measurable way, so that routine expenditure needs are not combined with the same expenditure as investment and maybe you have made a special plot for both of them in measurable.

Holds should indeed be better for people who want to get big profits from investments, but the problem is that holds must also be accompanied by stable purchases so that both can be done simultaneously because we really want to get big profits from the investments we make.

Inwestour

hero member

Activity: 980

Merit: 947

Quote from: karabiber on June 19, 2023, 03:44:04 AM

Those who Hodl and Trade in this market will not end. If we all hodl we would have a very boring market. If you're not good enough in the market and you're new my advice to you is to just HODL. Keep it like this for a while but you have to be open to learning. You will learn to trade and you will be able to increase your earnings in this way. Of course you will not encounter a flat surface when trading and you must love the excitement.

If you are caught between HODLing and day trading, you should ask yourself these questions: Am i a good day trader and am i good at timing? Also is this a highly volatile cryptocurrency? If your answer to the first question is no and your answer to the second question is yes, you should HODL. As a result where you define yourself in the market will help you with hodl or day trading.

In fact, hold is also not always very simple, as many try to state it. Sometimes even during a hold there are too difficult times in the market when weak hands sell, no one is safe from this and not everyone reaches the finish line, despite the fact that in your picture, the holder's path is shown as a straight line.

Trading, of course, is an even more difficult task, and although there is an opportunity to earn more, you can also lose more along the way. I believe that hold can bring profit to almost every disciplined investor, since everything depends only on ourselves. We decide when to buy and when to sell, and it is our choice not to succumb to the manipulations that take place in the market, such as the recent lawsuits against the largest exchanges.

karabiber

hero member

Activity: 1316

Merit: 623

Those who Hodl and Trade in this market will not end. If we all hodl we would have a very boring market. If you're not good enough in the market and you're new my advice to you is to just HODL. Keep it like this for a while but you have to be open to learning. You will learn to trade and you will be able to increase your earnings in this way. Of course you will not encounter a flat surface when trading and you must love the excitement.

If you are caught between HODLing and day trading, you should ask yourself these questions: Am i a good day trader and am i good at timing? Also is this a highly volatile cryptocurrency? If your answer to the first question is no and your answer to the second question is yes, you should HODL. As a result where you define yourself in the market will help you with hodl or day trading.

GigaBit

hero member

Activity: 1526

Merit: 506

Leading Crypto Sports Betting & Casino Platform

Quote from: Botnake on June 18, 2023, 05:26:29 PM

I have bee here for quite long years so now I understand how highly volatile the price of bitcoin is. And if you insist selling at a low price, even lower than the price you bought, it will always be a sign of loss. So the best way is to understand that bitcoin will have it own time to rise its price, and hodling it until it’s price become bullish is the best key to be in profits.

While Bitcoin prices going down or bearish, holding issue may seem somewhat negative but the importance of holding in a bullish market is well understood by investors. All the early holders of Bitcoin are now well established. There are also some holders who held Bitcoin during the last bull market because they are more confident about Bitcoin's potential. While a bearish market may affect the price of Bitcoin temporarily, it will definitely be the best asset for investors in the long run. At this point investors should just patiently hold Bitcoin and wait. Those who can hold Bitcoin in hard times are essentially a true holder of Bitcoin. They will be more benefited by the Bitcoin investment.

Cvetik56

jr. member

Activity: 173

Merit: 5

I can't be tired of holding since it requires nothing from me. I mean, I'm not scared because I know that I'm not gonna lose my money, and I'm not investing more than I can so I won't need that money unless something really critical happens.

Blitzboy

hero member

Activity: 1218

Merit: 556

Leading Crypto Sports Betting & Casino Platform

Quote from: bayu7adi on June 18, 2023, 03:58:11 PM

During the early stages of Bitcoin's existence, it was quite understandable that many people couldn't fully believe in Bitcoin. Apart from not being widely known, Bitcoin, when it was still a baby, always raised questions for everyone. Those who owned Bitcoin wondered, "How could such an asset possibly become so valuable?" It was only natural for many people not to take it too seriously.

Until now, those who didn't have high expectations for Bitcoin in the past but held onto their Bitcoin are fortunate. On the other hand, those who were overly calculating and afraid of potential losses, which were actually not significant, ended up with nothing today. Luck favored the right people—those who didn't let emotions and worries get in the way.

Back then, Bitcoin was a mere experiment, a pet project for many that left them asking, "Could this digital asset genuinely have any value?" Its a classic case of underestimating disruptive technologies in their early phases.

The fortunate ones who held onto their Bitcoin despite the initial uncertainties have indeed seen substantial returns. They exemplify the principle of 'HODLing', a term coined in the Bitcoin community referring to 'Holding On for Dear Life' during volatile market conditions.

Unfortunately, those driven by fear and short-term thinking missed out on this unprecedented wealth creation. It's an important lesson for us all in the world of investing: sometimes, the biggest risk is not taking any risk at all. Especially when it comes to paradigm-shifting innovations like Bitcoin and cryptocurrencies.

AmoreJaz

legendary

Activity: 3066

Merit: 1101

Leading Crypto Sports Betting & Casino Platform

Quote from: Yatsan on June 18, 2023, 07:49:14 PM

Quote from: qwertyup23 on June 18, 2023, 07:42:53 PM

To answer this question- nope. I am not tired at all from waiting due to the significance of its value in the market. Just like the trend that happened a few years ago with cryptocurrency, there will become a day where its price would suddenly skyrocket and everyone would benefit from that jump.

I am anticipating that in the year 2024, a massive price increase would happen during the fork. Following the past trends, every fork increases its price on the market significantly. In addition, that is the purpose of HODLing- you wait until its price increases on your initial investment and you reap the rewards on your investment!

Remember that there is no easy way to earn money and to profit from your investments. We are already blessed to have this cryptocurrency earn relatively faster compared to any kind of investment available in the market currently.

To people who've been years in this industryz waiting is not a big thing to do anymore. It would be better waiting than to lose profit in an instant. The market prices are volatile in nature making it hard to create an acxurate market prediction. You may for the right entry price but FOMO could take place sometimes. And if you happened to make an early entry, then you'd be left with no choice but to just hold no matter what. The market price has only two movements; either it goes up or down. If you have the patience, you won't lose for sure, just be prepared to hold for a long period of time. But right now, the market price is way too low from ATH which means any price points would be a good entry point BUT for long term holders.

because for long timers, they have experienced the actual roller coaster ride in this market as they are holding their coins. it is different if you are just new in this market and looking at its history. so yeah, they won't get tired being in this market. most actually are grateful what bitcoin accomplished so far.
this is why they can attest that there's no right or wrong entry in this market because for sure, most already sold their satoshis long time ago. and now, they are trying to accumulate more because of what happened to this currency.

Yatsan

legendary

Activity: 2394

Merit: 1231

Leading Crypto Sports Betting & Casino Platform

Quote from: qwertyup23 on June 18, 2023, 07:42:53 PM

To answer this question- nope. I am not tired at all from waiting due to the significance of its value in the market. Just like the trend that happened a few years ago with cryptocurrency, there will become a day where its price would suddenly skyrocket and everyone would benefit from that jump.

I am anticipating that in the year 2024, a massive price increase would happen during the fork. Following the past trends, every fork increases its price on the market significantly. In addition, that is the purpose of HODLing- you wait until its price increases on your initial investment and you reap the rewards on your investment!

Remember that there is no easy way to earn money and to profit from your investments. We are already blessed to have this cryptocurrency earn relatively faster compared to any kind of investment available in the market currently.

To people who've been years in this industryz waiting is not a big thing to do anymore. It would be better waiting than to lose profit in an instant. The market prices are volatile in nature making it hard to create an acxurate market prediction. You may for the right entry price but FOMO could take place sometimes. And if you happened to make an early entry, then you'd be left with no choice but to just hold no matter what. The market price has only two movements; either it goes up or down. If you have the patience, you won't lose for sure, just be prepared to hold for a long period of time. But right now, the market price is way too low from ATH which means any price points would be a good entry point BUT for long term holders.

qwertyup23

hero member

Activity: 2212

Merit: 786

To answer this question- nope. I am not tired at all from waiting due to the significance of its value in the market. Just like the trend that happened a few years ago with cryptocurrency, there will become a day where its price would suddenly skyrocket and everyone would benefit from that jump.

I am anticipating that in the year 2024, a massive price increase would happen during the fork. Following the past trends, every fork increases its price on the market significantly. In addition, that is the purpose of HODLing- you wait until its price increases on your initial investment and you reap the rewards on your investment!

Remember that there is no easy way to earn money and to profit from your investments. We are already blessed to have this cryptocurrency earn relatively faster compared to any kind of investment available in the market currently.

Texac

hero member

Activity: 2086

Merit: 513

Degens.bet - On-chain 1000x Futures

Quote from: SamReomo on June 18, 2023, 06:43:16 PM

Quote from: www.Gambler.Casino on June 18, 2023, 06:23:33 PM

Yes, we all missed the rapid growth of cryptocurrencies. But in a long position, I see no reason to buy coins now. The fall continues and I advise you to trade now

You're wrong my friend. The Bitcoin still has the potential of growth and it will grow by a huge margin in coming 1-2 years. How could you say that buying Bitcoin in current market isn't profitable? If you know the market then you would never say that because there is going to be another boom in the market, and with that the price of Bitcoin will cross $30k in value.

Despite a lot of pressure from Sec and other regulatory authorities the price of Bitcoin has consistently been above $24.8K, and anyone who knows the crypto-market has already got the signal that Bitcoin can move upwards without any problem. The traders will always do trading because they are earning profits from the skill, but the long term holders also have the chance to accumulate many Bitcoins in current market which is a good investment for them.

also because of these thoughts of newbies, they think that bitcoin will no longer grow and be profitable. Then they go to shitcoins with the hope that they are underpriced and under the illusion that investing in shitcoins will bring them big returns. but life is not like a dream, they will lose with shitcoin, and they will go back to bitcoin. but then they will have to buy bitcoin at a higher price than it is now.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: Kelvinid on June 18, 2023, 05:30:03 PM

Quote from: flyingcarpet on June 18, 2023, 04:00:57 PM

Quote from: Accardo on June 15, 2023, 06:21:24 PM

Tom only had to wait for 6 years to meet the 2017 pump; a long time indeed! Isn't the wait worth it?

I show such examples to the people around me and remind them not to sell their bitcoins. I tell them not to give up and not to sell their bitcoins unless they have urgent needs. Because I don't want them to regret it later. I want them to watch the rise of bitcoin with me. Because I love the people around me and I want them to have bitcoin too. There are many tweets and good examples like this. We just need to be patient.

If you're waiting for something good in the end, it's definitely worth the wait.

Those who have faith and hope will remain calm and not be affected by the FUDs and market corrections but for those who have doubts, surely they are planning or dump already their coins. Because no matter how hard to educate people and encourage them to hold if their mind is already negative, maybe they will listen but still sell their coin when it gets worse. But I won't be surprised, this really happens in the crypto space knowing that not all are real investors, some are weak.

Its indeed a test of patience on which it would really be that normal that you would really be having those kind of doubts on the time that you do see that your portfolio isnt moving that much on which you would
really be having those second thoughts that this market might not really be that increasing anymore on which it would might result that you would really be having that sell on lose but for those people who do
have faith and trust when it comes into their investment then holding up for long and doesnt matter on how long it would take as long they are believing into something. If you get tired and bored then cutting losses?
You lose then to those who do just simply wait up then they are the ones who do make profit. If you do find yourself that emotionally impulsive or not really that much good when it comes to emotion handling then
better not to check and see up the market on active manner. This would really make you that having those kind of thoughts if you are really that actively watching up the market on how it moves.
You would really be having those fear and doubts when it do have that extreme correction.

SamReomo

hero member

Activity: 784

Merit: 672

Top Crypto Casino

Quote from: www.Gambler.Casino on June 18, 2023, 06:23:33 PM

Yes, we all missed the rapid growth of cryptocurrencies. But in a long position, I see no reason to buy coins now. The fall continues and I advise you to trade now

You're wrong my friend. The Bitcoin still has the potential of growth and it will grow by a huge margin in coming 1-2 years. How could you say that buying Bitcoin in current market isn't profitable? If you know the market then you would never say that because there is going to be another boom in the market, and with that the price of Bitcoin will cross $30k in value.

Despite a lot of pressure from Sec and other regulatory authorities the price of Bitcoin has consistently been above $24.8K, and anyone who knows the crypto-market has already got the signal that Bitcoin can move upwards without any problem. The traders will always do trading because they are earning profits from the skill, but the long term holders also have the chance to accumulate many Bitcoins in current market which is a good investment for them.

www.Gambler.Casino

newbie

Activity: 210

Merit: 0

Yes, we all missed the rapid growth of cryptocurrencies. But in a long position, I see no reason to buy coins now. The fall continues and I advise you to trade now

Topic: Are you tired of waiting for the jump? Pls Hodl (Read 566 times)