Topic: Bitcoin is for Holders! - page 19. (Read 3302 times)
I am thinking the same as you @OP. Bitcoin already reaches $58k, so if the bitcoin price now is down, then the next thing that can happen is bitcoin reaches the next ATH, which can be at $60k or more. We need to be ready for that by having more bitcoin from taking profit from the altcoins to make a profit. Otherwise, we can prepare our bitcoin to be sold at the highest price. Unfortunately, we do not know when the bitcoin price will increase, so we can only guess about the time.
Nope. Bitcoin is for whatever you see fit and for whatever purpose you want to use it. Depending on the person, it can be:
or a mixture of multiple things, or all things altogether.
- used as a hedge for economic uncertainty
- as a speculative investment
- to send money overseas or to send money in general
- as a store of wealth for the bankless
- to buy whatever item/product
- etc
or a mixture of multiple things, or all things altogether.
Bitcoin is any time to changing the price. So Bitcoin holders check the marketplace price day by day. Then plan to invite and time to acct that time. So Bitcoin holders hold the Bitcoin long time and wait for the price increase. Price will be down that time trading the Bitcoin. Bitcoin holders understand the marketplace price.
BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)
Bitcoin is for everyone but their stories will be different. Some people get rich and richer with bitcoin but some others will get poor and poorer with it. Worst, some people will end with bankruptcies.Not for weak hands (I had read it somewhere, can't remember right now)
Weak or strong hands are not a matter. Brave or cowardly are not a matter. The matter is you know when to hold and be strong. It is the time to do it.
In bear market, it is not smart to hold.
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 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)
True. However, bitcoin is big ocean and I don't think everyone is bound to hodl all the time. I mean if I even get a scoop from this ocean then it is huge profit for the low trader like me. Yes, hodling can get you to bigger side of the bitcoin. May be profits in millions or something. However, if I am setting my goals for shorter period with small profits at each trough and crests then that is completely fine I guess!
The phrase is wide spread on the forum and othere articles too. Moreover, if I am benefiting from those small scoops then I should just keep doing it and stay in the profits all the time.
Phrase here:
Quote
This phrase is used to describe cryptocurrency newbies who, instead of hodling, nervously panic-sell their coins in response to market jitters or negative headlines that wouldn’t faze experienced traders.
Reference 
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 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)
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