Topic: Bitcoin Hodlers are actively buying bitcoin these days - page 2. (Read 1157 times)
I'm responding to this base on the caution or the subject of the text. before the observation became popular and obvious to the community, it's officially known that bitcoin have a potentiality and anymore who knows it's adoption and it's connectivity will like invest for long time frame so that when it increases it will definitely make huge profit from different angles or diversification of cryptocurrency investment.
the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells.
as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.
source of the pic is reddit
If you are in the bitcoin forum for quite long, you will eventually develop your high interest for bitcoin and become one of those bitcoin enthusiasts which the only concern is to satisfy their craving for bitcoin and own a lot of bitcoin in their portfolio. It's just that the crypto market condition at the present is giving us the best opportunity to buy at its cheapest value, so not surprising if those long term hodlers of bitcoin have increased because they can buy more bitcoin at a very convenient price. as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.
source of the pic is reddit
the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells.
as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.
source of the pic is reddit
This is not surprising as the bag holders of bitcoin will always maximize their purchase when they start seeing good opportunities to buy. The thing that weak hands fail to realize because instead of taking advantage of the current market scenario and maximize buying bitcoin, they resort into panicking and sell everything they have. So they all sell for a loss, something that strong hands in the market will never do. as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.
source of the pic is reddit
If you've been in crypto for some years now you should know that this is the best time to accumulate bitcoin. People aren't euphoric anymore and most of the news about crypto on social media is just fud to shake those weak hands. This will be the last chance to buy at this current prices because next market cycle could be a new ATH. Inflation also keeps rising over the years so investing into bitcoin for the future is a good choice.
There will always be people who will think that bitcoin will go down, that is not a joke nor a scary thing at all. So, if you accumulate right now, then you are going to be profiting a lot from it more than any other person. I know that it is not going to be a big deal, but it is going to be quite a good deal when it happens to go up, and it may take a while and you may wait maybe a year, maybe two years, but eventually it will start to go up to a serious place.When that happens, you will profit a ton from bitcoin and maybe select few top coins which is awesome, and then you will take a small portion of that profit and put it on silly altcoins and make a huge return from that. Unfortunately, after that it will have another crash of course, but at least you will be in profit.
If you've been in crypto for some years now you should know that this is the best time to accumulate bitcoin. People aren't euphoric anymore and most of the news about crypto on social media is just fud to shake those weak hands. This will be the last chance to buy at this current prices because next market cycle could be a new ATH. Inflation also keeps rising over the years so investing into bitcoin for the future is a good choice.
Very thrilling chart, despite the fact that maybe one a part of the truth is also that many humans send their cash to exchanges where the cash then could be positioned into the huge storage addresses. So it isn't necessarily a huge HODLER that buys them, however in reality be an change cold storage. That is why the rich get richer and bad get poorer, most of those who sold their coins are genuinely a middle or low class that invested most of his cash and now not use the quantity that they are able to have enough money to lose. Since the Bitcoin fee sudden lower, this make them panic and that they bought due to the fact that they don't want to loss more. Even as the wealthy have lots aspect money, the motive why they need buy Bitcoin is they are ready until the bottom take place. $15K-$20K looks as if the lowest based on the previous 2017/2018 history.
Bitcoin’s value has drastically decreased over the last few months. In spite of knowing that it has become a risky asset at the moment; hodlers see this as a golden opportunity to stack as many bitcoins as they can so that they can rejoice when it’s up. I have turned into hodler for now but not buying any new bitcoin.
If anyone is buying now, they should know that the price may still fall but they should continue to hold until they make profit and they should consider this as a long term investment.
With the current price if Bitcoin, those buying now must probably get ready to hold for a long time. Although, the price might be falling, but is important to note that Bitcoin are usually unpredictable, and it will eventually hit a new ATH soon. Therefore, it a brilliant idea to take advantage of the price now, and purchase more in order to make pretty nice profit when the price surely rises. However, I have acquire some reasonable amount of BTC, and will keep buying more. 
source of the pic is reddit
Imagine that from 68k it drops down to 17k? how can be the income after the former ATH breaks again?
from 17k and climbing to 100k in the next couple of years? doing nothing but just HOLD?
this is certainly Hodlers will do.
As the price is going down, hodlers know that they will be able to manage their investments. But I can’t even imagine what they already have in their minds. I would rather stick to trading while trying to make money through small fluctuations.
If anyone is buying now, they should know that the price may still fall but they should continue to hold until they make profit and they should consider this as a long term investment.
With the current price if Bitcoin, those buying now must probably get ready to hold for a long time. Although, the price might be falling, but is important to note that Bitcoin are usually unpredictable, and it will eventually hit a new ATH soon. Therefore, it a brilliant idea to take advantage of the price now, and purchase more in order to make pretty nice profit when the price surely rises. However, I have acquire some reasonable amount of BTC, and will keep buying more.
I just know hodlers benefit a lot from bitcoin , bitcoin was made specially for hodlers, those who can exercise patients, not for people who are greedy thinking how to make money very fast from bitcoin.
Its very natural, they know they missed out last time and they don't want to miss it this time. A lot of them might be doing that. I want to say maybe it could this also be due to miners transferring their wealth into smaller wallets. I am just guessing. Maybe in countries with crypto taxes or they are just putting their bitcoins in cold storage
holders are usually rich and good at managing strategies in sales and purchases and the main thing is that they don't invest greedy words in seeking profit, they say wisely in investing.
the right time is now to buy btc if you already have funds
the right time is now to buy btc if you already have funds
Are you sure the current holders are just because they are rich?
In my opinion, of course, it is not only the rich, those who are forced to become holders are also due to circumstances that make it impossible to sell their assets, because it is not in accordance with the initial strategy.
It is necessary to be wise in investing, so that the money that we entrust to an asset will generate profits.
Anytime is a good time to buy bitcoin, depending on how high the target price is going to be.
most long-time holders are believers of this market. so when this opportunity presents, they will always buy what they can afford. and then, they will just wait for the right time to sell off. but for some new holders, usually they will panic as they are not yet familiar with how the market behaves.
this 20k+ range of btc is like a price heaven for them, as they can easily accumulate btc at a lower price, that is, if you truly believe that one day btc market will start rising again. and for me, the possibility is very high considering the stakeholders involved right now and it keeps on growing.
And when the market is not in their favours as they panic as you said since they're not quite familiar with how the market behaves yet, then bitcoin price once again will go down and those holders will keep buying it once they see some opportunity like that one. They will keep buying at the lower price and waiting for the right moment to sell off or they just keep hodling 'em till it reaches the possible highest price. Even for big traders, 20k price range is actually kinda cheap for them, a long as they can afford to. At this point, it's no surprise to think that we've seen a lot of hodlers nowadays, it's like when market is in bearish situation it's actually the best time for them to join the party to buy cheaper coins that suffered from it and all. this 20k+ range of btc is like a price heaven for them, as they can easily accumulate btc at a lower price, that is, if you truly believe that one day btc market will start rising again. and for me, the possibility is very high considering the stakeholders involved right now and it keeps on growing.
It's not really a surprise. When the price goes down, people who want and can invest buy more. That dosen't really mean it will sudenly make everything go up, but rather that people are still treating as a regular cycle. So no doom and gloom on their parts, that's good to see.
most long-time holders are believers of this market. so when this opportunity presents, they will always buy what they can afford. and then, they will just wait for the right time to sell off. but for some new holders, usually they will panic as they are not yet familiar with how the market behaves.
this 20k+ range of btc is like a price heaven for them, as they can easily accumulate btc at a lower price, that is, if you truly believe that one day btc market will start rising again. and for me, the possibility is very high considering the stakeholders involved right now and it keeps on growing.
holders are usually rich and good at managing strategies in sales and purchases and the main thing is that they don't invest greedy words in seeking profit, they say wisely in investing.
the right time is now to buy btc if you already have funds
the right time is now to buy btc if you already have funds
It's not really a surprise. When the price goes down, people who want and can invest buy more. That dosen't really mean it will sudenly make everything go up, but rather that people are still treating as a regular cycle. So no doom and gloom on their parts, that's good to see.
Hopefully these holders will help to bring more stability and strength to bitcoin price futurely by not panic selling during bear markets. It's preferable bitcoin leaves the hands of speculators and panic sellers and is taken by long term holders. This situation is only worrying in case whales are the ones purchasing bitcoin now, because then it will mean they are accumulating more power and influence in crypto market yet.
That was predictable move though, and small investors shouldn't wait too long until restarting their bitcon investments once again, because when they least expect, bitcoin is going to be immediately pumped by big players who want to raise their dominance and manipulation range.
It is natural that coins move from those with weak hands to those which have stronger hands, however I have been wondering if this actually has any effect on the volatility of the market.That was predictable move though, and small investors shouldn't wait too long until restarting their bitcon investments once again, because when they least expect, bitcoin is going to be immediately pumped by big players who want to raise their dominance and manipulation range.
By this I mean that even if those long term holders are not selling their coins in panic and they are even buying some bitcoin when they can, those coins are not really at the exchanges and are not changing hands at all, so when it comes to the process of price discovery it is almost as if those coins did not exist, which would explain why the volatility is still so huge even if a great deal of all the bitcoin ever mined is on the hands of people with very strong hands.
Unfortunatelly, FED has answered with an attractive interest rates' boost and big players didn't think twice before retreating crypto market and going for dollars at this moment. So, all the progress long term BTC holders have accomplished by now seems to be worthless on this momentaneous scenario, but without any doubts they helped a lot to keep btc in a robust position between December 2021 and May 2022.
With more investors of this kind, bitcoin will be much more prepared for the next bearish seasons.
So while the collapse of the dollar era could still be far away it could still happen and it is a mistake to keep your money there as who knows when a global bank holiday could be enacted and a great deal of your savings could be stolen during that time, something which is impossible to do with bitcoin, making it way safer to hold for the long term.
These graph chat really picture out the real talk about the Rich are getting richer and the poor are not be able to take the risk while selling off base on current price 20k to 21k because of fear of unknown. Hence, the greatest surprised they we buy back at 50k or more.
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