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Topic: BTC Price Drop - How are Bitcoin Long-Term Holders Responding? - page 3. (Read 634 times)

hero member
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It's great if long-term bitcoin holders stay positive, stay calm, and don't panic at this drastic drop and can instead see an opportunity to increase their bitcoin pool. This is necessary to anticipate the panic happening to many people out there because their goal is to get big profits in the future. And with the halving that will happen later, those bitcoin holders hope that the opportunity to get big profits will come to them. This is why many long-term bitcoin holders don't panic and still manage to be patient. But I don't know what could be the price increase later in the year and I don't think it will happen. But if that happens, we can all be grateful because the bitcoin price can increase again.
hero member
Activity: 1974
Merit: 534
What are your thoughts on this? What could be the rise of price by end of 2022?

Right now is the worst possible time to sell any of your coins. The prices are so low that at any point over the last year it would have been better to sell than now. I think that most longterm abf HODL investors are aware of that and are not considering selling any of their crypto coins. Short term volatility should have never any influence on our decision making, it's better to hold for another few tears than to sell now. For a trader things might look differently, he more concerned with shortterm profit.
Even though there are still plenty of HODL investors I don't think the bitcoin price is going to rise at the end of the year. The demand for cryptos is not strong at the moment, people are trying up get by with the higher living expenses and with Christmas around the corner there is not much free capital to invest left. The good thing of longterm investors not selling their coins is that the price is not falling further. We have to wait for 2023 for prices to recover.
sr. member
Activity: 2828
Merit: 344
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Long-term holders will remain focused on what they do, they keep holding no matter what.
Because what really is that these short-term holders make the market more volatile. While these long-term holders make themselves too easy. Perhaps, they'll never check the market often and that is why they are not too affected by the dump and any market movement. Because they believe that this price drop is not long-term, it is soon to recover. Meaning, profit is still possible in the future, unlike others who have been bothered too much by the changes.
legendary
Activity: 3472
Merit: 10611
Long term Hodlers aren't just holding bitcoin, they are the ones that believe in the technology so they actually continue buying more of it whenever there is a dip and buy a lot more whenever there is a big crash. We are in a crash these days which has led a lot of old timers start buying a lot of bitcoin to take advantage of the discount.

As for the price, I don't think that much is going to change until the global economy stabilizes. We keep seeing "shocks" to the economy and they are going to get worse the colder it gets and the more severe the energy crisis becomes in Europe.
hero member
Activity: 966
Merit: 588
Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

What are your thoughts on this? What could be the rise of price by end of 2022?

I'v been here for a while now, Basically have experienced two or three bear markets, So there's no reason to panic over the current market situation, because when you know your destination point it will be a bit hard to easily get distracted by the things you see along the road. Therefore, I'm still holding and waiting patiently till when it's clearly seen that Bitcoin has failed, then that's when I will finally have to loose hope on Bitcoin and definitely would not kill myself because business involves profit and lose.
legendary
Activity: 2898
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Long term holders are always in for the long term and these movements only mean they are going to buy more and more to stockpile bitcoin for a selling move at the next all time high. It is no surprise to see them optimistic at these points because they know and realise that altcoins would never be as big as Bitcoin and that Bitcoin and will cover back when it gets over th bad times.

Times are always temporary and cycles are continuous. One just needs to keep their focus and continue hustling on the way.
hero member
Activity: 952
Merit: 662
My reaction is still same when Bitcoin price still $20K because I already expect Bitcoin would go lower since this year and the next year might be the worst before Bitcoin make new ATH on the next few years later. It's nothing surprised if Bitcoin price decrease, actually everyone must know it since Bitcoin has a high volatility and anything can happen in single day!

Just take a preparation to hold fiat and keep buy every dip of Bitcoin, this can help you accumulate more Bitcoin and minimize your risk.
hero member
Activity: 2814
Merit: 734
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I believe it should be the same way that YOU, or every pleb like me should be responding. Get a job/second job for the next two years in the bear market, minimize your monthly expenses, save most of your salary, and if you can move back to your parents' house/share a house or apartment with a sibling/relative/friend. We should have enough "little soldiers" to deploy to "attack" the next bull market. Cool
so be prepared from now on, not just mentally, but money reserves are really needed. buying and entering the market now is a good option before the bull market strikes. But, you have to keep believing in your main goal and will sell when a new ATH is reached. Hold longer and get a lot of profit, but with the condition that you buy more gradually. There will be no loss if you continue to survive and don't sell at a low price.
Our cash reserves are probably going to be critical during the next year, not only because we can use them to invest in this market and do some DCA during the months in which the price of bitcoin will remain at such low price, but also to face the upcoming crisis.

Lately it seems that things have improved and the inflation rate has decreased, but if by some reason it increases again then we will need to have some money in hand to deal with it or we could use it as a form of insurance in the case we lost our job.
member
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How long will a good long term investment be. I am asking because price keeps falling Some who bought when the price hit its ATH will have to wait even longer for price to have a good bounce back. The most beneficial will obviously be those who are just joining the investment else Long term for ATH and slightly below might have to wait even longer because there is no guarantee the next halving will trigger a bullish run because the economy is still suffering strong recession
legendary
Activity: 2898
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I believe it should be the same way that YOU, or every pleb like me should be responding. Get a job/second job for the next two years in the bear market, minimize your monthly expenses, save most of your salary, and if you can move back to your parents' house/share a house or apartment with a sibling/relative/friend. We should have enough "little soldiers" to deploy to "attack" the next bull market. Cool

so be prepared from now on, not just mentally, but money reserves are really needed.


It's truly the best advice to give currently during the bear cycle. Save everything you can, and look for other sources of income. It's the only true path to readiness for the bull cycle.

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buying and entering the market now is a good option before the bull market strikes.


You can also wait, and enter the market during the ACTUAL bull cycle, especially if you go mentally insane if Bitcoin crashes -50% more from current price.

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But, you have to keep believing in your main goal and will sell when a new ATH is reached. Hold longer and get a lot of profit, but with the condition that you buy more gradually. There will be no loss if you continue to survive and don't sell at a low price.


Everyone has his/her own target. My target is just going higher and higher, making me not sell.
legendary
Activity: 2338
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I believe it should be the same way that YOU, or every pleb like me should be responding. Get a job/second job for the next two years in the bear market, minimize your monthly expenses, save most of your salary, and if you can move back to your parents' house/share a house or apartment with a sibling/relative/friend. We should have enough "little soldiers" to deploy to "attack" the next bull market. Cool
so be prepared from now on, not just mentally, but money reserves are really needed. buying and entering the market now is a good option before the bull market strikes. But, you have to keep believing in your main goal and will sell when a new ATH is reached. Hold longer and get a lot of profit, but with the condition that you buy more gradually. There will be no loss if you continue to survive and don't sell at a low price.
sr. member
Activity: 1246
Merit: 263
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What are your thoughts on this? What could be the rise of price by end of 2022?
It is hard to expect bitcoin to increase in price in the remaining days of the year because only looking at the current world economic situation is still volatile. In December we have another rate hike by the Fed and it is more likely that the market will continue to fall rather than increase so don't expect much. Be prepared for a tougher 2023 when rate hikes are working, the economy is slowing.
legendary
Activity: 3122
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Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again.

Obviously, the time they have decided to hold for long, they will disregard any trends that will happen along the way. What's the sense of hodling for long if they will have that desire feeling to dump their coins just to minimize their losses or because they become emotional and stress.

That's the part of hodling bitcoin, you need to try withstanding all the problems you will face and encounter.

Although it's not really easy to do, that's the challenge there.
hero member
Activity: 1036
Merit: 674
Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

What are your thoughts on this? What could be the rise of price by end of 2022?
Investors or holders have got nothing to do than to be hopeful. Its the easiest to do I've you e hot patience and other streams. Also, ots more promising and reassuring too. Given the fact that, most of the trends we observe in the market today are just a replay of previous history. Parts to which price have followed to have reached either a high or a low.

With bitcoin still serving as an asset, one tends to get the most benefit from holding and no matter the price drop, you never loose by holding and with that, there isn't a course for alarm by long term investors.
full member
Activity: 1582
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BTC Price Drop - How are Bitcoin Long-Term Holders Responding?
For long-term holders? There is problem for long-term holders because they are holding BItcoin, not for months, but years. At least, a long-term holder will keep their Bitcoin until the next bullish era. So, they won't be disturbed with this kind of fall. They will precisely add more Bitcoin to invest and hold because ethe price is low right now. This is a good time for them to add more to their portoflio. So, no need to worry. WHat makes worries is sometimes the traders that cannot take profits becuase of this crash market.
hero member
Activity: 2646
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Due to multiple reasons, the value of bitcoin is always bullish hence if you are a long term holder then you never bother about any bearish trend of bitcoin markets. Just imagine if you have bought bitcoins by the times of 2016 when bitcoin was trading below $1000, then you are already in profits for at least 10 folds; and might be keeping your imaginary stop-loss around 2x or 5x from your buying prices then you will stay calm and might be focusing arranging more funds to make use of a 'perfect' bottom.

Not just with bitcoin or cryptocurrencies in general, I do notice that all long term holders of other investment like stock or gold or realestate also enjoying massive profits in long run. But, unfortunately people here do mistake the term long term with months of holding or 1 or 2 years of holding but we need to remember that bitcoin's cycle is 4 years long hence your long term plans must be based on how many bitcoin cycles that you are going to cover.
The main reason would be on why btc price can increase is because of the adoption but I think most of the times the value of btc is only at a normal rate and not really that bullish. 2017 was the first major year where btc experienced a big break but before than that, the price of it was still cheap and many of us wish we didn't waste time or doubt btc after hearing it but being a long term hodler is not also easy and those got involved early didn't also expect that btc will grow big like this but now that we already know, we now know what to do.

Long term hodlers respond in the situations like this (bear) buy buying more coins and then leaving them for a while to avoid distractions.
legendary
Activity: 2898
Merit: 1823
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BTC Price Drop - How are Bitcoin Long-Term Holders Responding?


I believe it should be the same way that YOU, or every pleb like me should be responding. Get a job/second job for the next two years in the bear market, minimize your monthly expenses, save most of your salary, and if you can move back to your parents' house/share a house or apartment with a sibling/relative/friend. We should have enough "little soldiers" to deploy to "attack" the next bull market. Cool
member
Activity: 742
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Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

What are your thoughts on this? What could be the rise of price by end of 2022?
Long-term Bitcoin investors continue to believe in Bitcoin and the entire process, so they have hope that the price will return and even increase more than it has in the past. As a result of some Altcoins having bridges, the market is increasingly experiencing ups and downs, which puts pressure on sellers as some people actually lose interest in cryptocurrencies. Even so, there is still a chance that if this year ends, we can monitor the next course the market will take.
legendary
Activity: 3654
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Due to multiple reasons, the value of bitcoin is always bullish hence if you are a long term holder then you never bother about any bearish trend of bitcoin markets. Just imagine if you have bought bitcoins by the times of 2016 when bitcoin was trading below $1000, then you are already in profits for at least 10 folds; and might be keeping your imaginary stop-loss around 2x or 5x from your buying prices then you will stay calm and might be focusing arranging more funds to make use of a 'perfect' bottom.

Not just with bitcoin or cryptocurrencies in general, I do notice that all long term holders of other investment like stock or gold or realestate also enjoying massive profits in long run. But, unfortunately people here do mistake the term long term with months of holding or 1 or 2 years of holding but we need to remember that bitcoin's cycle is 4 years long hence your long term plans must be based on how many bitcoin cycles that you are going to cover.
hero member
Activity: 2702
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Long-term investors are called long-term because waves like these usually won't affect them. Especially if the cause was rather clear in cases like this (The FTX issue), and wouldn't really affect the market in the long term that they're looking at. Some long-term hodlers probably even held way back when Bitcoin was in 3, or 4 digits, so even with the current price they'd probably still profit.

As for the price by the end, I reckon we'd still be hovering below $30k. There may still be issues that crop up that could potentially push the price down temporarily like right now, positive news are also unlikely even to push it that big, so we're off to a steady movement for the rest of the year imo.
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