Topic: Bitcoin Hodlers are actively buying bitcoin these days - page 3. (Read 1155 times)
for those who have money and have knowledge of bitcoin, I think there is no doubt to start buying bitcoins for profit in the future. and if bitcoin still declines again, I think there is no need to worry about continuing to hold it and buying back in the area we have determined. therefore action is needed to go bolder, because many people find it difficult to muster up the courage to buy bitcoin at bearish times
I don't mind if I miss now or next week. I'm a hodler. Of course that I want to buy the dips and be able to buy more with less fiat, but guess what, fiat is also loosing value against other fiats and also loosing value against Bitcoin in the mid/long run. So, it seems to be a win to win situation buying Bitcoin no matter the price!
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.
This is really really amazing. I’m so amazed with the bitcoin community and it’s ever growing investors. Ahh, I wish I could reach to full one bitcoin sooner. Right now I’m just near to 0.06 bitcoins. Lolz. The problem is I’m taking our money in close to emergency situations like family conditions, fees for kids, and some other personal expenses. I know to become holder means to keep the bitcoins untouched forever. To achieve the goal Like one ether it’s even bigger challenge. One day for sure!
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.
Maybe this is a chance for us to prepare for the new bitcoin ATH.But,how long will it take to reach that ideal situation?There are some people who couldn't hold it and sell their bitcoin,not because of the weak hand but forced by life circumstances.
If there's no problem,let's just buy more in this red market and don't think of how it will drop in short time.
The next ATH of bitcoin should happen, possibly by the next halving(not coming soon anyway). You are correct. The majority of bitcoin holders sell their bitcoin due to the immediate need for money which is quite an understandable situation. By the way, people save up their assets with bitcoin. Someone's finance can be rosy but to someone else, it's a challenging period. If there's no problem,let's just buy more in this red market and don't think of how it will drop in short time.
Buys deep if you can and don't forget to invest in what you can afford to lose. Investing in bitcoin during a bearish market doesn't guarantee richness overnight. No one knows how long the bear market would take to be over
People who is financial buoyant enough that already have Bitcoin in their domain is will not hesitate to accumulate their bitcoin because of this bearish season. Because i seen this as opportunity towards 2025 which according what i noticed in cryptocurrency and especially bitcoin, after two or four years constantly rise in the market, it takes bitcoin same wavelength or equivalent duration before it will retain it's space or position. That is while investors that knows the domination or the pathways of cryptocurrency regulations continue to hold more of bitcoin, and intensionally knowns that it will skyrocket any moment from 2024 and 2025.
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.
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.
This is an opportunity that won't be got often. People who buy a small portion of bitcoin have got an opportunity to buy it as whole. More people are showing interest on ethereum and BNB, taking into consideration the price of bitcoin which isn't affordable though it is very low compared to the ath value. Rather than regretting after its progress it is good to buy when opportunity is available.
As to look back 2018 -2019 bear season, the majority had look crypto as a dying platform and only a few people had seen their bright future until the market just boomed and regrets has come. This gives them an example and that is why people never make lose their mind and are afraid to invest but they take the risk because of a hopeful incoming.
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
What could have been our decisions in times like this if not to take advantage of the fall in price for an investment, and it's a great opportunity as well to invest on the most recognized digital crypto bitcoin than any other altcoins with high risk, many seek to make there assets more secured with bitcoin investment over time, what a privilege this could have offered if it's been utilized now that it runs dip prior the time to begins to rise
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
What could have been our decisions in times like this if not to take advantage of the fall in price for an investment, and it's a great opportunity as well to invest on the most recognized digital crypto bitcoin than any other altcoins with high risk, many seek to make there assets more secured with bitcoin investment over time, what a privilege this could have offered if it's been utilized now that it runs dip prior the time to begins to rise
This is not something surprising again. Am sure the numbers will keep increasing as the market is not yet stable now. The low class people who solemnly depend on bitcoin market for their survival are in haste to sell them off in order to reduce the lost they’ll get during this bear market. They say a stitch in time saves nine. I don’t actually blame them for that. Taking risk is not an easy thing to do. But investment into bitcoin market is preferably done with money you’re ready to forfeit for whatsoever comes out in the end.
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
Many people have been waiting for a long time to buy Bitcoin at a very low price. Those who were able to buy Bitcoin today when the price came in at $17k but they have a lot of profit.Maybe such an opportunity will not come in the market but Allready has gone up.Maybe the market is dumping a little more, otherwise it will start rising from now on.But for those of you who have invested in Bitcoin, keep investing and look forward to seeing the good market.The market is going to be someone soon. 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
Yes I feel that bitcoiners sees this time as the best time to lay their hands on more coin reasons been that BTC is very cheap now.
Of course, imagine how much profit you would have made if you bought on the downturn two days ago, Isn't that very convincing? Anyone who doubts bitcoin may be able to take a lesson from it because the truth is the price of bitcoin will not always go down and will not always go up. We must see this fluctuation as an opportunity, it will be profitable.Then on the other hand people that were not opportuned to benefit from BTC before now are also buying now so in general am sot surprised at the increase number of holders of BTC now everyone want to benefit from it
The number of holders will probably continue to increase as there are enough people taught by experience. But always keep in mind that you must remain safe to invest in bitcoin, meaning you must be willing to accept all the consequences of the risk.
For the fact that the price of bitcoin went down to $17k during the weekend hodlers are still buying more bitcoin because for sure the price will be up after now. This why the rich will always get richer and when the price get to $60 most of us will be regretting for not buying when it the price was so low.
On the chart, I can see that the new was two days old already, bitcoin was $22600 on the chart, bitcoin price today is 20400. Some people may be buying actively, but the bear market is still not yet gone. People can buy now and hold for the next 3 years and make profit though. 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.
Well, that is the whole idea. If history has thought us anything, buying in batches is best because we can't really say for sure where the bottom of the market is. As we most have all seen that the price further fell to $17k+ from the $20k+ you mentioned and that was even a better buying position. The problem will only be having extra liquidity to continue buying at every opportunity the market provides, more like DCAing, and that's why I also agree with @Jawhead999 here.This is why the rich get richer and poor get poorer, most of people who sold their coins are actually a middle or low class that invested most of his money and not use the amount that they can afford to lose. Since the Bitcoin price sudden decrease, this make them panic and they sold since they don't want to loss more. While the rich have a lot side money, the reason why they need buy Bitcoin is they're waiting until the bottom happen. $15K-$20K seems like the bottom based on the previous 2017/2018 history.
Yes I feel that bitcoiners sees this time as the best time to lay their hands on more coin reasons been that BTC is very cheap now. Then on the other hand people that were not opportuned to benefit from BTC before now are also buying now so in general am sot surprised at the increase number of holders of BTC now everyone want to benefit from it
This is really exciting. Although the dump is bad but at the same time I am happy to get such an opportunity to buy BTC at such cheap prices.
Thanks to all the weak hands, now we can buy more BTC for the same amount of money we used a year ago.
People are saying bitcoin will dump more and in that case I would like to wait further to see if I can buy more satoshis at cheaper prices. I am getting so greedy because of the dump.
Thanks to all the weak hands, now we can buy more BTC for the same amount of money we used a year ago.
People are saying bitcoin will dump more and in that case I would like to wait further to see if I can buy more satoshis at cheaper prices. I am getting so greedy because of the dump.
People who missed out on holding bitcoin on its road to $68k are filling up their bags now to avoid a repeat of such occurrence and the current bear market has given a lot of investors to come in and own some amount of bitcoin at a very cheap price compared to what they missed out on. So yeah, as the bear market continues the rich (holders) will continue to get richer and the poor (paper hands) will continue to get poorer. It's simple logic.
My advice is to continue to buy as much bitcoin as you can afford albeit with money you can afford to lose. Not the kind of money that if when lost will crumble your day-to-day finance.
My advice is to continue to buy as much bitcoin as you can afford albeit with money you can afford to lose. Not the kind of money that if when lost will crumble your day-to-day finance.
I am happy if it's indeed an indication that those striving to get 1 BTC are finally getting it. It's some wealth, but not much wealth in most countries. It's the sort of money that can be life-changing if you're not rich and barely middle class. I hope they'll hodl long enough to actually benefit from the change.
I also thought about whether the rich addresses are growing in numbers as well and assumed that perhars it's actually the riches panic selling now, so I am happy tranthidung provided links with this data. It seems that generally they tend to sell when the price is high and buy when it's getting lower, but there are temporary changes that don't conform to it as well (such that that over the last 1.5 months both the price and the number of the richest addresses has been decreasing.
I also thought about whether the rich addresses are growing in numbers as well and assumed that perhars it's actually the riches panic selling now, so I am happy tranthidung provided links with this data. It seems that generally they tend to sell when the price is high and buy when it's getting lower, but there are temporary changes that don't conform to it as well (such that that over the last 1.5 months both the price and the number of the richest addresses has been decreasing.
Jump to: