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Topic: Bitcoin is for Holders! - page 14. (Read 3302 times)

sr. member
Activity: 910
Merit: 253
Hodlers Network
March 21, 2021, 10:06:57 AM
I accept Bitcoin is flexibility, so whoever possesses it is free to do anything and agreeing to his abilities and propensities since it isn't controlled by anyone. and in case it is claimed by a long-term holder it'll create gigantic benefits, and it all depends on person needs so that whoever holds it in case utilized appropriately will get good benefits and be valuable for distant living standards.
hero member
Activity: 1218
Merit: 513
March 21, 2021, 09:31:52 AM
The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands
(I had read it somewhere, can't remember right now)

Recently read the list of coins now moved from 2011 is in record-high right now.

It so seems that the majority of people are true holders.

But I see Bitcoin and other cryptos most as money-making options with much greater APR than anything else (legal).
sr. member
Activity: 882
Merit: 269
March 21, 2021, 09:23:28 AM
I do not think we can say that holders are speculating with the price, holders are most of the time the people that thrust in bitcoin more than anyone else, they buy bitcoin at a certain price and they do not sell no matter what the price does, on the surface it seems like something easy to do but it is not true, this is why many people think they can become holders but then reject the idea because they do not like the fact they are supposed to hold their coins after a 70% crash.

Or maybe those Bitcoin long term hodlers have already established a deep trust on bitcoin that in the long run bitcoin will be more valuable than the value it has today. Also, maybe those long term hodlers have already established their good life so even in high ATH they never think to trade their bitcoin because they can provide already their needs without sacrificing their bitcoin. Though it was all speculation but whatever may the reason of the bitcoin hodlers was the only thing for sure was bitcoin was worth it to hodl even for a long term.
hero member
Activity: 1820
Merit: 537
March 20, 2021, 06:00:20 AM
Indeed, those who were able to be patient and hold their BTC even how much BTC went up and down, and how many corrections, criticism, and issues BTC had been able to receive their reward. Just imagine if you have at least 10BTC during 2011 or even just a fraction of BTC and you were able to keep it, this is a life-changing event. I think that is also the reason why there had been a lot of people who had been looking for their lost wallet access, mostly early adaptors.
member
Activity: 518
Merit: 13
March 20, 2021, 05:00:36 AM
i agree with subject of this post, btc is for hodlers only and not for day traders. Even those who bought btc at high price of 20k in 2017 were abe to sell it at triple price after 3 years of holding. Bitcoin never betrays provided you are hodler.

The situation is exactly like it. People who have had knowledge about this market should already be knowing that HODLing is the best and smartest thing to do with Bitcoin. There are many long-term investors right now and I believe they are all doing the right thing. Because maybe in a few years again, they could even become millionaires depending on the amount of money they invested in and the increase rate in the price.
member
Activity: 686
Merit: 26
★777Coin.com★ Fun BTC Casino!
March 20, 2021, 04:05:21 AM
i agree with subject of this post, btc is for hodlers only and not for day traders. Even those who bought btc at high price of 20k in 2017 were abe to sell it at triple price after 3 years of holding. Bitcoin never betrays provided you are hodler.

It is for the believers of the bitcoin, those can be traders, speculators, holders too. It helps people to make money and make the best use of the bitcoin as can be used for a wide reason. Traders and speculators have made good money on the either side when the market moves and the ultimate winner is the holders who continue holding and make them the millionaires if you have a good qty at lower rates.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
March 20, 2021, 01:23:08 AM
You should realize that "unhealthy" holding obsession is actually bad for people. This kind of mentality sometimes has a negative health impact. If you see that the price is rising and you have reached your profit goal, there is nothing wrong in selling your bitcoin. If you see that the price is dropping and is bothering you a lot. You can sell it at a loss and move on. You can maybe try again later. If this keeps on repeating, then you should stop investing once you realize that crypto investment isn't for you. This should rarely happen though since you know how the market works and on contrast weren't you supposed to invest only what you could afford to lose?
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
March 20, 2021, 01:06:20 AM
#99
Sure, regular traders lose their money.  Holders tend to get rich long term by speculating on Bitcoin.
Bitcoin traders are not necessarily losers because there are a few people I know who trade to increase their Bitcoins over time and win together because the price of Bitcoin goes up.
I do not think we can say that holders are speculating with the price, holders are most of the time the people that thrust in bitcoin more than anyone else, they buy bitcoin at a certain price and they do not sell no matter what the price does, on the surface it seems like something easy to do but it is not true, this is why many people think they can become holders but then reject the idea because they do not like the fact they are supposed to hold their coins after a 70% crash.
sr. member
Activity: 1778
Merit: 294
March 19, 2021, 06:22:58 PM
#98
The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands
(I had read it somewhere, can't remember right now)

The rise in the Bitcoin price has been really a shot in the arm for people in this pandemic period.  Grin  It has reached superb levels and it looks like we could see new ATHs in this year also. HODLers must be really happy now and I bet there are many HODLers who are still waiting for the price to reach much better levels for selling.
hero member
Activity: 2982
Merit: 610
March 19, 2021, 08:34:52 AM
#97
i agree with subject of this post, btc is for hodlers only and not for day traders. Even those who bought btc at high price of 20k in 2017 were abe to sell it at triple price after 3 years of holding. Bitcoin never betrays provided you are hodler.
But you never think that a trader is also a holder. Everyone who buys Bitcoin will be considered a holder. And everyone has the title to call as a holder no matter what he does with his/her Bitcoin.

Might that OP is pointing out that those who can afford to hold it longer have the absolute chance of making more profit. And that you have said is an example of how a holder could be paid off later. Because 3 years in holding isn't just a joke but it was a commitment to wait for the next ATH to arrive.
sr. member
Activity: 1463
Merit: 265
Pepemo.vip
March 19, 2021, 07:01:14 AM
#96
i agree with subject of this post, btc is for hodlers only and not for day traders. Even those who bought btc at high price of 20k in 2017 were abe to sell it at triple price after 3 years of holding. Bitcoin never betrays provided you are hodler.
sr. member
Activity: 1288
Merit: 305
yes
March 18, 2021, 09:07:41 PM
#95
Tell me about it, if I have had the patience and the hands of steel I would be smiling more, I sold a good part of all my btc earnings instead of hold, now looking back makes me want to turn the hands of time but unfortunatelyit is not possible,  
I totally agree, the best strategy for btc is hold and relax, honestly if you hold btc don't panic when the price is on the down trend because the recovery part is always the best moment  Cool
but it is very difficult to hold bitcoin in a relaxed manner, if we get a little profit, immediately think of selling Cheesy
Reason for the notion Holding between Bitcoin is not for the weak hands. You have got to have steel hands, whatever the market value is at the point where you're tempted to sell resist the urge and be vigilant a bit more. To me it has to do with personal diligence and  convention to hold Bitcoin through the years even when they price was tempting at some point. If I were an investor in the early days of Bitcoin I would have sold off in 2017 market bull run not minding how it would look like in the future. Look at 2021 very bullish and the surge is not even retracing.

A lot of good analysts are even predicting it to hit $100k and above. If one develops the commitment to hold on to his/her assets for a long term use I don't think there would be a problem with holding bitcoin, IMHO.
member
Activity: 994
Merit: 10
March 18, 2021, 08:47:33 PM
#94
Tell me about it, if I have had the patience and the hands of steel I would be smiling more, I sold a good part of all my btc earnings instead of hold, now looking back makes me want to turn the hands of time but unfortunatelyit is not possible,  
I totally agree, the best strategy for btc is hold and relax, honestly if you hold btc don't panic when the price is on the down trend because the recovery part is always the best moment  Cool
but it is very difficult to hold bitcoin in a relaxed manner, if we get a little profit, immediately think of selling Cheesy
hero member
Activity: 2562
Merit: 577
March 18, 2021, 01:05:09 PM
#93
Tell me about it, if I have had the patience and the hands of steel I would be smiling more, I sold a good part of all my btc earnings instead of hold, now looking back makes me want to turn the hands of time but unfortunatelyit is not possible,  
I totally agree, the best strategy for btc is hold and relax, honestly if you hold btc don't panic when the price is on the down trend because the recovery part is always the best moment  Cool
full member
Activity: 382
Merit: 109
March 18, 2021, 12:57:53 PM
#92
The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands
(I had read it somewhere, can't remember right now)
the price is now over $ 60k for bitcoin, the target ATH is $ 70k. if it can reach that price I think it will be easier for bitcoin to run faster now ... it's just a matter of time, but in this phase there is still a correction and stay calm for the correction.
Bitcoin’s top ten richest Bitcoin owners in years-the creator of Bitcoin-are nicknamed “Satoshi Nakamoto”. According to Satoshi Nakamoto’s early mining, the number of bitcoins he currently owns is estimated to be around 1.1 million. But Satoshi Nakamoto has never used most of his bitcoins, nor converted them into real-world currencies, nor used them for any other purpose. If he sells all bitcoins, the value of bitcoins may plummet in an instant.
full member
Activity: 798
Merit: 100
March 18, 2021, 11:52:09 AM
#91
The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands
(I had read it somewhere, can't remember right now)
the price is now over $ 60k for bitcoin, the target ATH is $ 70k. if it can reach that price I think it will be easier for bitcoin to run faster now ... it's just a matter of time, but in this phase there is still a correction and stay calm for the correction.
full member
Activity: 868
Merit: 108
March 17, 2021, 11:23:43 PM
#90
If you want to become rich or holder of big amount of bitcoin then you need to be strong holder of bitcoin, dont use your bitcoin if you want to have it more but its doesn't mean butcoin is just for holder only.

I'm curious about your statement that bitcoin is for holder only not to someone who has a weak hands, bitcoin is for all who want to use it, and want to be part on its community at bitcoin users.
hero member
Activity: 3010
Merit: 629
March 17, 2021, 05:22:25 PM
#89
The pandemic is the worst that happened last year, however in light of this many people turn to internet to find a way to earn while at home. Bitcoin users increased because they became aware of its existence. Each of us might have differrent reason why we engage ourselves in bitcoin or in crypto in general. But I think the most common reason is, it can give us an opportunity to earn because of the high volatility. Thus if you have long patience to wait longer thats your edge as an investor and likely to give you a good result.

Nevertheless even you're not a hodler and just using bitcoin for your own convenience (e.g sending money to your loved ones) it doesnt matter. The fact that you're supporting bitcoin is enough for it to keep going.
member
Activity: 994
Merit: 20
March 17, 2021, 05:03:56 PM
#88
Bitcoin is not a cryptocurrency that you can make a so big profit in a short time like altcoins (it is not valid for all of the altcoins though). HODLing is the most important and valuable thing if you have BTC. So many people have even become rich thanks to being patient for years.
sr. member
Activity: 1666
Merit: 268
March 17, 2021, 04:26:09 PM
#87
In fact, if we want to get profit from Bitcoin, we have to be patient HODL the Bitcoin that we have. Don't be in a hurry to sell the Bitcoin that
we have, the longer we are able to hold Bitcoin, the greater the profit we make. I agree Bitcoin is not for weak hands, because if we panic easily,
it is very difficult for us to get the benefits of Bitcoin. Who in the end blames Bitcoin if when buying Bitcoin cannot generate profit, even though
the fault is in ourselves who are impatient holding Bitcoin.
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