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Topic: Bitcoin is for Holders! - page 17. (Read 3302 times)

legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
March 14, 2021, 03:34:41 AM
#46
From the previous year on the march the same month, we experience that the bitcoin drops immediately because of the start of the pandemic the same with the fiat currency and we didn't expect this but right now after one-year lets compare from the 3k price now its already on the 60k price of the coin which is good feedback to us, still, it's better to keep aware about the possible might happen still the price of the bitcoin comes to 60k there is a chance that the price by the end of the year pop up into 100k still this is a rumor we need to have concrete details before we go into it.
sr. member
Activity: 1876
Merit: 318
March 14, 2021, 03:52:24 AM
#45
It is very true that the performance of Bitcoin is very surprising in a pandemic situation, because the price is getting higher. Very different from
the performance of other assets affected by the pandemic situation. Therefore, we will regret not investing in Bitcoin. However, in order to get
profit from Bitcoin we must have strong hands, that means we have to be HODLers to be able to get big profits from Bitcoin. So Bitcoin is not
suitable for investors who want instant profit and who are also prone to panic seeing the volatile Bitcoin price. So you have to believe in Bitcoin
and HODL as long as possible, so that the profit generated is also greater.
hero member
Activity: 1498
Merit: 711
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March 14, 2021, 01:28:43 AM
#44
Bitcoin price don't have anything to do with corona virus lockdown, what I know vividly that gives people money via cryptocurrency is investment and long time holding Bitcoin, people who knows the rudiments of Bitcoin can only buy and hold, right now coins you purchase early this year will not have the same values in text five months because it appreciates and it's increments always be different from initial values.
Are there any evidence to support that bitcoin price increase doesn't have any correlation to the COVID lockdown, isn't the stimulus package date coincide with the date that bitcoin price spikes and stimulus checks are given because of the pandemic so in short, COVID did contribute to the growth of bitcoin. The coin that someone buys depends whether it gains some prominence as some of these coins are just a easy money for the creator and they don't have the time to follow it up.
What evidence do you have to show people also that corona virus lockdown contributes immensely to the increments of cryptocurrency especially bitcoin in particular, see at this point we have to portray things that we can expatiate with even evidence, what analysis or practical experimentation have you performed as concrete evidence that speed Bitcoin, does lockdown increase marketcap of crypto, the answer is no, so their is no point of argument. Try to read my text again and again so that it will enable you to comprehend me more better.
sr. member
Activity: 1624
Merit: 267
March 13, 2021, 05:09:35 PM
#43
That is true Bitcoin is the person who have capability to hold long-term , the more Bitcoin holders the possibility to increase the price more is high. I hope those holders will hold their coin so we can finally see the price of this coin to reach $100k and I think it will happen in 2021.
sr. member
Activity: 1092
Merit: 254
March 13, 2021, 03:59:18 PM
#42
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)

Bitcoin is for wise I would say in such a way. Only this case it will work for person's profit even does not depending on wheather it is for holding or trading. Someone can choose trading and become successful, while another one will multiply his assets via holding. But it depends on personal preferences.
full member
Activity: 896
Merit: 104
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March 13, 2021, 01:29:35 PM
#41
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)

As true as this statement might be, it is not outrightly true. Bitcoin is not only for hodlers. As much as bitcoin can be a form of investment, do not forget that it's primary purpose is being a currency. So bitcoin is also for traders, not crypto traders, but everyone who trades a good or service.
Let's even for a moment assume  bitcoin is for hodlers. The question is, for how long would you hodl. Over the years, the price has been increasing and is not set to stop anytime soon, so if you continue to hodl your coins, you'll only be making money digitally. Don't forget that money isn't money until you can actually use it.
member
Activity: 518
Merit: 23
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March 13, 2021, 12:36:14 PM
#40
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)

Its not just because of the pandemic that fueled Bitcoins value skyrocketing but we should always consider every possible factor that comes into play. Its true that it is one factor because of the surge in new users wanting to learn about Cryptocurrencies and their urges to get into the current trend and that is one reason on why Cryptocurrencies values are in this state of unpredictable situations. What happened is really huge for the whole Crypto Community and its true that Bitcoin is not for weak hands because there would be a lot of situations where loss outweighs the profits and being disheartened by those kinds of events will only place you in a much deeper slump.
jr. member
Activity: 154
Merit: 1
March 13, 2021, 12:11:37 PM
#39
The interesting fact is that Microstrategy owns more than 90,000 BTC, with an average purchase price of $24,000. So yes, the claim that BTC for long holds is true
sr. member
Activity: 1820
Merit: 436
March 13, 2021, 11:59:41 AM
#38
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)

It's all fine as long as you invest in the long term, but it's not really a great profit when you're investing in bitcoin or either Ethereum, I think bitcoin might be broken since only whales are really the one that holds.

Think about it it would need a huge market cap just to get an x2 in your investment compared to other low-cap altcoins in the market that could easily give you better returns when it comes to profit.

For now, I don't think that buying bitcoin and Ethereum at the bull market was not a good idea for now since the market could easily crash when the market price was so high.
hero member
Activity: 882
Merit: 563
Bitcoin to the moon!
March 13, 2021, 11:20:30 AM
#37
That kind of mentality is wrong imo. Bitcoin is a currency and should be used as one.

Sure, we are all hodlers, but we should also look at spending our BTC whenever we can so to help the Bitcoin economy.

Obviously you wanna buy back whatever BTC you spend with fiat.
legendary
Activity: 2716
Merit: 1859
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March 13, 2021, 11:15:25 AM
#36
today the Bitcoin $ 60k target was reached and the highest price was $ 60,445. It's amazing that Bitcoin can hit a new ATH today and maybe it won't just stop at this ATH, there will be another ATH.
Bitcoin holders will be winners if they are able to hold them until now. But it takes a very strong mentality to be able to hold the deep price up to $ 60k.
but remember that investment will always have a target, if the target has been achieved then the investment will be successful. and if the current bitcoin price is still not your target, then hold on and wait (the risk will always be the responsibility of the individual himself).
full member
Activity: 1330
Merit: 147
March 13, 2021, 10:11:43 AM
#35
Being a bitcoin holder especially long term holder is not easy. You must classify every opportunity in front of your eyes, like when you already profited then you just let it pass because you are expecting that its price will go up more than now but at the end its price just dumped a lot.

Remember your pshycology will be different when bitcoin price is increasing and decreasing. You will be comfortable when bitcoin price is increasing, you will fell that the decision that you will always right. But, otherwiss when bitcoin pricr decreasing you will stress and sell as soon as possible.

So, if there is someone who still hold bitcoin for long term investment especially for those who hold bitcoin when they bought below $10.000 I guess they are a hero now. I must learn many thing to them, especially how their loyalty survives even if bad things happen.
sr. member
Activity: 987
Merit: 289
Blue0x.com
March 13, 2021, 10:01:25 AM
#34
     Yes, indeed bitcoin is only for holders with the strongest of hearts that can still think way ahead despite the bearish times or red season. Just imagine how painful it is seeing red all over specially when you have invested huge amounts. Even if we say that we are only investing amounts that we can afford to lose there is still and always will be a huge feeling of regret and sadness seeing that we might have made a wrong decision in investing. But those with strong hearts that can ignore these emotions and still decide with a clear mind on what to do, will surely be able to reap huge profits since they can easily make firm decisions when to sell, buy or wait. Despite knowing that long term is the game, emotions and minimal knowledge about this industry will always get in everyone's way unless they can learn to adjust to it, thus having a strong heart.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
March 13, 2021, 09:55:58 AM
#33
I really do not see everybody holding Bitcoins for a long time. Many have needs and many would be forced to sell their Bitcoins, one way or another. I am for holding but if you don't have much and you want to get money from your Bitcoins then you will have to sell. I myself have sold some of my satoshis during the 2017 all time high and sold some just a few days ago. But I still have many left and would be happy to wait for the next ATH before I sell again.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
March 13, 2021, 09:36:51 AM
#32
Bitcoin is for everyone. Anyone can hold and sell it at their will. Anyone who owns it has the full authority whether to sell it or hold it for long term just as what we do, we hold it.

But that doesn't mean that it is only specific for holders. It is free to be held and owned by anyone regardless of the plan he has while owning it.
No, not for everyone because if that is the reality, all of us now are holding Bitcoin but the majority are still ignoring Bitcoin and calling it a scam. And you can't tell that those poor people will have to risk their money here because it surely they don't.

And not all who knows Bitcoin also are holders, they often dump sell their Bitcoin once the price goes down.

For me, Bitcoin is only for the risk-takers either be a holder or not. We have the freedom to hold or to sell it, it is our own investment, we can do anything if we want to.
full member
Activity: 686
Merit: 146
March 13, 2021, 08:55:25 AM
#31
While it may be true that if you are into trading and investing, then buying Bitcoin or any other type of crypto for that matter is definitely for those who can hodl and withstand the market changes but amidst that, Bitcoin is more than just for holding. Although many have benefitted from holding bitcoin and became millionaires (congrats to them), Satoshi Nakamoto created bitcoin for purposes more than that. I see bitcoin as a revolutionary change for our financial systems.
sr. member
Activity: 882
Merit: 269
March 13, 2021, 08:45:36 AM
#30

bitcoin is for all not just for the hodlers  .

a non hodler bitcoiner do spend his btc for a short period of time but this dont qualify himself as a weak handed person because he was out of the hodlers circle but if you clasify your self as a btc hodler then you must promise that you will not spend early because it was a big sin on the brotherhood  if you will not follow the golden rule which is to hodl strong  .

Well i guess bitcoin was meant for all traders and investors the only difference was each and everyone as a traders and investors has our own tactics and strategies whether we will going to blend in the market or we will break the trend of keep on hodling our crypto for our own reasons too. Let's not validate the term of bitcoin was for hodlers only just because the market is at its bullish, because each and everyone has our own needs to meet and not everyone of us here has other source of income to use to meet the needs in life.
member
Activity: 238
Merit: 10
March 13, 2021, 08:03:22 AM
#29
I am also holding bitcoins because I believe on Bitcoin I am sure it will cross 100K$ soon. I will hold till 100K+$. Let's Hold And Be Rich From BITCOIN. Bitcoin is our future ☺️☺️❤️

I ❤️ BTC
sr. member
Activity: 1120
Merit: 272
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March 13, 2021, 07:53:42 AM
#28
It is true that you should not sell or cash out unless you really need the money or the profit that you have.

Holding bitcoin is really the option instead of selling it because you feel like bitcoin will fall and will never comeback.

Keep in mind that bitcoin is volatile and anything can happen as you observe the market and be updated with it.
sr. member
Activity: 1610
Merit: 264
March 13, 2021, 05:37:18 AM
#27
~
As of writing this, we're only 1k away from that new ATH.
The price surge from 57k to 59k was so sudden in the current day that I didn't even expect.
Well hodlers that were hodling for too long now should consider moving their coins around now.
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