I am still surprised that the Binance drama failed to dump the market, not even a slight move to the down side, that's crazy and also bullish
I believe people are aware that there will be terrible news that will force them to sell their Bitcoins, but since they believe in ETFs and the approaching halving that will help the price to rise, they will not sell. 
Topic: Bitcoin Holders Hesitant to Sell Despite Price Surge - page 3. (Read 559 times)
Investors who didn't sell their Bitcoins are not only they believed in Bitcoin but also they are the ones who can't sell because they bought at $60k price in 2021. I was shocked when I see that 70% of Bitcoin supply were not moved. Possibly, when the price create new ATH there will be a massive dump of price. I believe that lot of them can't wait to sell their Bitcoin.
they don't hesitate to sell but they have a target above 60k$ to sell their bitcoin . for now the price is not much unless people who bought when btc was at 25k$ have reaped the rewards of their patience, keep holding on until the new ATH because everything will be satisfying
Even people who when the price was $25k won't want to sell at this point. Everybody is speculating a bull run soon, some are even speculating a new ATH after the halving, so selling now won't be a wise decision when they can make more profit.
If the bull run has already started, as so many people believe imagine how high it gets from now till the next halving.
I believe that Bitcoin has gotten more trust among its owners, but I don't believe trust alone is the reason for this. People are looking ahead to how much profit they can make if they don't sell now. Besides, the price is climbing so there's no reason to panic. We'll see the real trust when the price is dipping.
The simply understand the value of Bitcoin, mind you it depends on what is going on with the holders, some people won't be able to hold for too long because everyone has their problems, it won't hurt to take profits when the price is surging, people need to survive for sure and those who have held for long term are in good shape, something good is already going on for them I believe, I mean you can't be facing hunger and holding something valuable somewhere, you aren't doing it wrong if you take some part of your profits.
I am still surprised that the Binance drama failed to dump the market, not even a slight move to the down side, that's crazy and also bullish, but I am not too confidence that the pain is over, because I don't trust anyone craving for absolute power, and this is what those companies wanting the ETFs approval are after, things will change so much for crypto in the future, the opportunities won't be that much anymore compare to today.
I am still surprised that the Binance drama failed to dump the market, not even a slight move to the down side, that's crazy and also bullish, but I am not too confidence that the pain is over, because I don't trust anyone craving for absolute power, and this is what those companies wanting the ETFs approval are after, things will change so much for crypto in the future, the opportunities won't be that much anymore compare to today.
That's the way to go. Trust is needed so that we can HODL. Bitcoin is still far from it's ATH price.
This might be one reason why many people are holding it strong because they don't want to sell it below the ATH price.
In one way it's good because this we can reach the ATH price quicker. We all want BTC price to skyrocket.
This might be one reason why many people are holding it strong because they don't want to sell it below the ATH price.
In one way it's good because this we can reach the ATH price quicker. We all want BTC price to skyrocket.
they don't hesitate to sell but they have a target above 60k$ to sell their bitcoin . for now the price is not much unless people who bought when btc was at 25k$ have reaped the rewards of their patience, keep holding on until the new ATH because everything will be satisfying
That's true people have set their target therefore they don't sell their bitcoin until the time comes when they achieve their target. If someone buy bitcoin at 69k$ then definitely he will wait for bitcoin to cross this price once again and the price of 37k$ is very small as compared to 69k$. No one hesitate but its a matter of profit and people buy bitcoin only due to their hope for getting more so when they see dip in price then there will be no point of selling for them as target achieving require huge timing.
This time is not good for selling your bitcoin even the price is higher because we cannot miss the opportunity to reap the benefit from bitcoin investment during halving. Those who sell their bitcoin now will either need their money urgently or will be unaware of coming Bull run otherwise this is a big mistake to sell bitcoin now.
most, if not all, long-term investors invest in bitcoin
bitcoin has proven itself in terms of value and we are confident that it’s still going to incline in the next few years, nothing wrong with holding btc in fact most people would recommend for beginners to have a long-term outlook when investing in bitcoin
patience is definitely a virtue one should have in investing especially if you plan on investing for the long-term
bitcoin has proven itself in terms of value and we are confident that it’s still going to incline in the next few years, nothing wrong with holding btc in fact most people would recommend for beginners to have a long-term outlook when investing in bitcoin
patience is definitely a virtue one should have in investing especially if you plan on investing for the long-term
They're not happy with the profits if they are going to sell now, that's why. People are always greedy, and there's nothing wrong with that since there's another all time high coming, we just don't know when. Also, there's no need to sell your bitcoin holdings if you don't need it for something, unless it is very important and you need extra money. Other than that, I don't see why people should sell their Bitcoin holdings just because the price pumps.
maybe they see that now is not the right time to sell their bitcoin because now it is just a normal bull trend that is not yet strong, so they hold back and wait for the right time to sell their bitcoin to the market. moreover, the prediction that Bitcoin will increase drastically and could pass its ATH in the upcoming halving is enough to make people optimistic that waiting is the right decision for now.
Why sell right away if the price is expected to break the current all-time high? We hold Bitcoin with the anticipation of significant returns, so selling when the market is already bullish is not advisable. We aim for a more substantial price pump, akin to what occurred in the past during the bull run. Selling prematurely could result in missed opportunities.
Currently, it's evident that the market is bullish, with Bitcoin hovering around $30ish and potentially breaking $40k soon. Patience is crucial, especially for those who have held their Bitcoin through the deep correction after the 2021 bull run.
The all-time high is around $65k. If we adopt a conservative investment approach, selling at least at $100k per 1 BTC would be a prudent strategy.
Currently, it's evident that the market is bullish, with Bitcoin hovering around $30ish and potentially breaking $40k soon. Patience is crucial, especially for those who have held their Bitcoin through the deep correction after the 2021 bull run.
The all-time high is around $65k. If we adopt a conservative investment approach, selling at least at $100k per 1 BTC would be a prudent strategy.
I think The amount of unused Bitcoin which is now at its highest ever at 70%, shows that people who own it don't want to sell, even when the price goes up.
People who own bitcoins so far and are refusing to sell are doing so because they understand that shortly, the value of bitcoins will increase even more than whatever current price it raises in value to, so patience is what they are practicing, not responding to the emotional pressure to sell when the value goes up. These are the people you call strong hodlers because they have a target and will not be affected or forced to change their minds. Check out, you will discover that most of the bitcoin hodlers who sell easily are the hodlers that are not emotionally strong. The fact that they always respond to volatility, makes them not to be good hodlers.
I couldn't agree with holding Bitcoin forever but yes, that will totally depend on the holder's view about crypto. They have been held till now for some reason and probably they are certain of their plan. As the years pass by, most of us have learned already that investing in Bitcoin never gives us profit right away and so they are holding even though the surge has come already as they want more.
And the fact that we can't force them to sell, we have nothing to do about it. Anyways, their action will result in something whether it is good or bad but most of the time holders get more money than losing.
And the fact that we can't force them to sell, we have nothing to do about it. Anyways, their action will result in something whether it is good or bad but most of the time holders get more money than losing.
Why they need to sell their coins in the first place when they don't need money in urgent and they're not a kind of trader? they will continue to hold because they're make money through other ways, but Bitcoin is used as a store of value because there's no currency can be trusted except Bitcoin.
Fiat suffer inflation and banks are bankrupt, while Bitcoin remains secure.
Fiat suffer inflation and banks are bankrupt, while Bitcoin remains secure.
I think The amount of unused Bitcoin which is now at its highest ever at 70%, shows that people who own it don't want to sell, even when the price goes up. This Bitcoin hasn't been used for over a year.
This is not a season to sell, we should rather be ready to hodl the more in waiting patiently for the appropriate time when the market becomes more favourable for sell, this is still under accumulation period to hold, we have next year halving coming soon which will followed by bullrun and the market will be more volatile and fast rising, we are all having our targets on the next all time high for the market to serve us an avenue to sell at a profitable time.
The current price surge is too small to be seriously considered for selling. The real sell will begin after around 60K, and probably before that point , two or even three dips will occur, IMHO,
Moreover, one cannot exclude 2016-year-scenario when the price plummeted by up to 40% just before the halving. If we project this to the upcoming year, then such plunge might be expected in February - March period.
Moreover, one cannot exclude 2016-year-scenario when the price plummeted by up to 40% just before the halving. If we project this to the upcoming year, then such plunge might be expected in February - March period.
We don't know if most people who own Bitcoin will not sell Bitcoin and still hold it for a long time. But that's different from people who want to make huge profits from Bitcoin. They will sell most of their Bitcoins and keep the rest. They will buy Bitcoin again when there is a big correction after the price reaches its peak price.
If you, for example, have had less than 10 BTC for a long time and held it until the price reached $60k, maybe you would sell 5BTC to convert it into fiat. You can have big profits while you still have BTC left. Meanwhile, you can buy Bitcoin again when the price drops drastically, as we have seen.
Currently, people are waiting for a new ATH of Bitcoin and it is above $60k so they can sell it and get the profits. And they also do the same thing in altcoins that can rise high. They will also buy Bitcoin again if the price drops drastically because that can increase the amount of Bitcoin more than before because they have already made a big profit. Each person will have a plan to sell their Bitcoin or still hold Bitcoin.
If you, for example, have had less than 10 BTC for a long time and held it until the price reached $60k, maybe you would sell 5BTC to convert it into fiat. You can have big profits while you still have BTC left. Meanwhile, you can buy Bitcoin again when the price drops drastically, as we have seen.
Currently, people are waiting for a new ATH of Bitcoin and it is above $60k so they can sell it and get the profits. And they also do the same thing in altcoins that can rise high. They will also buy Bitcoin again if the price drops drastically because that can increase the amount of Bitcoin more than before because they have already made a big profit. Each person will have a plan to sell their Bitcoin or still hold Bitcoin.
they don't hesitate to sell but they have a target above 60k$ to sell their bitcoin . for now the price is not much unless people who bought when btc was at 25k$ have reaped the rewards of their patience, keep holding on until the new ATH because everything will be satisfying
Also the amounts of unused Bitcoin for two, three and five years have also reached their highest levels ever showing that these investors are staying strong. Even though Bitcoin's price went up a lot this year to $37,000, the owners don't want to sell it soon. Reflexivity Research thinks selling Bitcoin right away is not likely, even though it's worth more now. But when Bitcoin becomes available in new investment ways like ETFs and futures things might change and the situation might be different details
Long term Bitcoin investors are matured hodlers that have plans with timelines. Most of them are not moved by FUD to dispose of their coins. They only sell when the price gets to their targeted price. $37,000 is a good price but I predict that the price of Bitcoin will exceed at least its ATH price, so there is still more ground to cover. Isn't that somewhat expected? Mass consensus is that we're going to have a bull run around the halving event + the potential ETF approval. So of course most people wouldn't be selling this time around.
I have not experienced any bitcoin halving but from what I have read so far this one looks unique because it might coincide with the approval of ETF. Most investors are expectant that next year has a better prospect for Bitcoin and this might be why the market didn't react to Binance's sanctions and Changpeng Zhao's guilty plea. 
As much as these statistics express “diamond hands,” they indicate that investors still believe that the current price does not reflect the true value of Bitcoin, and there is a possibility that its value will increase with the passage of time, and these investors may start selling randomly whenever they lose hope that Bitcoin will rise, and this Concerns could escalate if Bitcoin does not rise to the levels of $100,000 or any price above $70,000 before the end of the year.
Glassnode statistics may give an impression of the general price trend, but they are not useful in predicting the value of Bitcoin.
Glassnode statistics may give an impression of the general price trend, but they are not useful in predicting the value of Bitcoin.
I think The amount of unused Bitcoin which is now at its highest ever at 70%, shows that people who own it don't want to sell, even when the price goes up. This Bitcoin hasn't been used for over a year. Since Bitcoin reached its highest value in 2021, people who plan to keep it for a long time have shown they really believe in it, despite problems in the market and with the economy.
Bitcoin Percent of supply Last active 1+ years ago
Bitcoin Percent of supply Last active 1+ years ago
It is not about believe, I would say but they are actually looking at the profit. The easiest way to get profit from bitcoin is to hold for long time and that’s why the bitcoin in some of these wallets are not moved. I will tell you that even if we enter bull run and get a new bitcoin ATH some wouldn’t sell still. Because the funds used to accumulate the bitcoins are not just funds they need now and that’s why even with the economic problem they still weren’t tempted to sell.
With just 5 months or so left to the halving I doubt we will see much of bitcoin been sold. The only time I am expecting people to sell before bull run is of the ETF gets delayed or postponed again by the SEC because there some few new holders that have short time target believe it will be reach with just ETF approval and should it get delayed then they will pull out
The holders now understand that long-term is the way to go because with short-term they can earn 1x to 2x profit from their investment but with long run there potential of profits are in 10x's and that's what most of the investors and holders are expecting to get.
Bitcoin has reached way higher value over the past decade and now people believe that within next 10 years Bitcoin could go to so huge values that's beyond imagination of many people. Some expect Bitcoin will reach $1 Million or more in this decade while most believe that Bitcoin has potential to go beyond $1 Million per coin during those 10 years.
I personally think that Bitcoin can easily cross $1 Million value even within 7-8 years and if that happens then the holders who bought Bitcoin at $20k would make more than 50x of their investment which sounds really amazing I guess. The holders also have such beliefs and that's why they will hold their coins for much longer periods in order to have better profits.
Bitcoin has reached way higher value over the past decade and now people believe that within next 10 years Bitcoin could go to so huge values that's beyond imagination of many people. Some expect Bitcoin will reach $1 Million or more in this decade while most believe that Bitcoin has potential to go beyond $1 Million per coin during those 10 years.
I personally think that Bitcoin can easily cross $1 Million value even within 7-8 years and if that happens then the holders who bought Bitcoin at $20k would make more than 50x of their investment which sounds really amazing I guess. The holders also have such beliefs and that's why they will hold their coins for much longer periods in order to have better profits.
Jump to: