BTC Price Drop - How are Bitcoin Long-Term Holders Responding?

stomachgrowls

hero member

Activity: 3010

Merit: 794

Quote from: South Park on January 18, 2023, 03:29:46 PM

Quote from: Viscore on January 07, 2023, 05:47:05 PM

Quote from: South Park on January 06, 2023, 04:24:44 PM

It is important to differentiate between the long term holders that have one or several bear markets under their belts and those which do not, this is because the long term holders that have experimented bear markets on the past know very well how bad things can get, and since they have held their coins even during those circumstances then it is obvious they will be able to keep holding their coins now, but for those which do not have this experience and only know about this from watching the charts there is a real risk they will sell their coins as they they could be unable to endure the pressure during these difficult times.

That’s why experience greatly matters in any of our endeavors, especially in a volatile investment like bitcoin. Surely, they will be panicking at the moment watching the price keeps on dropping but if they have established their faith with bitcoin, they will stay patient and continue hodling until they’ll reap what they sow and experience first time profits when the market turns bullish hopefully this year. However, for long term hodlers, they know what they’re doing, so they’ll be safe with that.

Without a doubt previous experience matters and a lot, after all it is easy for someone to believe they can do an activity only to be unable to do it once they are put to test, in fact this has always been one of the big challenges of social sciences, for a lot of time surveys were used to ask people about what would they do when facing hypothetical scenarios, but those surveys were useless as it was impossible for people to know how they will react until they are actually in that situation.

The thing you said was right on which out of those surveys then you cant really tell that the result of those would be precisely the things that happen if it those scenarios or conditions did really been able to experience.

When it comes to actions then it would really be varying since not all people would be having the same mindset and emotion into a particular situation or condition.Some might be that experience or in the same level
but ending up on the different path that they do take.

How Bitcoin long term holders responding on every bear market or market drop? Some might be selling on panic or securing their profits but most of them would definitely accumulate for cheaper
coins.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: Viscore on January 07, 2023, 05:47:05 PM

Quote from: South Park on January 06, 2023, 04:24:44 PM

It is important to differentiate between the long term holders that have one or several bear markets under their belts and those which do not, this is because the long term holders that have experimented bear markets on the past know very well how bad things can get, and since they have held their coins even during those circumstances then it is obvious they will be able to keep holding their coins now, but for those which do not have this experience and only know about this from watching the charts there is a real risk they will sell their coins as they they could be unable to endure the pressure during these difficult times.

That’s why experience greatly matters in any of our endeavors, especially in a volatile investment like bitcoin. Surely, they will be panicking at the moment watching the price keeps on dropping but if they have established their faith with bitcoin, they will stay patient and continue hodling until they’ll reap what they sow and experience first time profits when the market turns bullish hopefully this year. However, for long term hodlers, they know what they’re doing, so they’ll be safe with that.

Without a doubt previous experience matters and a lot, after all it is easy for someone to believe they can do an activity only to be unable to do it once they are put to test, in fact this has always been one of the big challenges of social sciences, for a lot of time surveys were used to ask people about what would they do when facing hypothetical scenarios, but those surveys were useless as it was impossible for people to know how they will react until they are actually in that situation.

Jody.Drummer

hero member

Activity: 1708

Merit: 566

Leading Crypto Sports Betting & Casino Platform

Quote from: Fondarchand on January 11, 2023, 11:12:44 AM

Btc is a strong coin even if the worth is reducing so its holders are not losing their hopes because they believe that one btc will be much higher as its previous worth and i think that those who sell it in low and reduced price are the foolish idea for those because btc can never be a coin which can be a cause of one's failure. Hence the price is low but after some months undoubtedly it will be up again and holders will be getting benefit out of it.

It depends on how strong the holder's mentality is, especially in this case, beginners. There is no such thing as a loss when we still hold bitcoin even though the price is decreasing. I agree with you that it is foolish for people who hold bitcoins to sell them for less than they bought them for purely out of panic.
I'm sure some of us have seen our portfolios decline since this bear market happened, but for experienced people they will stay calm and even take advantage of the bear market to buy bitcoin in large quantities again. While what we hold is bitcoin, then never be afraid.

Natalim

hero member

Activity: 3094

Merit: 606

BTC to the MOON in 2019

Quote from: carlfebz2 on January 11, 2023, 02:50:10 PM

Quote from: Fondarchand on January 11, 2023, 11:12:44 AM

Btc is a strong coin even if the worth is reducing so its holders are not losing their hopes because they believe that one btc will be much higher as its previous worth and i think that those who sell it in low and reduced price are the foolish idea for those because btc can never be a coin which can be a cause of one's failure. Hence the price is low but after some months undoubtedly it will be up again and holders will be getting benefit out of it.

Its already a long way for them to sell off their bags, if they had made out some decision on selling it then they should have done it with those peak prices but since these people tend to be holding no matter what
then it wouldnt really be removed into their minds about those much higher peak price points or ATH's to make on upcoming years of this market.

And those weak people will simply sell their coins at dip and lose their money. This is really what happens in the real world, panic causes a lot when we can't control our feelings/emotions because what is in our mind is full of uncertainties and negative views towards the market. And those who can manage to wait for the next bull season will be given big rewards and they are truly investors.
The time will come when all panic seller will realize their wrongdoings and feel regrets about it. Many people had come into this situation after they fail the test.

carlfebz2

hero member

Activity: 2926

Merit: 722

DGbet.fun - Crypto Sportsbook

Quote from: Fondarchand on January 11, 2023, 11:12:44 AM

Btc is a strong coin even if the worth is reducing so its holders are not losing their hopes because they believe that one btc will be much higher as its previous worth and i think that those who sell it in low and reduced price are the foolish idea for those because btc can never be a coin which can be a cause of one's failure. Hence the price is low but after some months undoubtedly it will be up again and holders will be getting benefit out of it.

Its already a long way for them to sell off their bags, if they had made out some decision on selling it then they should have done it with those peak prices but since these people tend to be holding no matter what
then it wouldnt really be removed into their minds about those much higher peak price points or ATH's to make on upcoming years of this market.

How they do respond? For sure these drops do really make out that kind of hesitation and being worried about their holdings which its unavoidable since we are just really humans
but having that kind of fixed mindset then it would really be that an issue about these market price movements which it is really just normal to be seen.
Its a matter of risk taking in the end of the line.

Fondarchand

jr. member

Activity: 259

Merit: 1

[center][font=ARIAL BLACK]═══

Btc is a strong coin even if the worth is reducing so its holders are not losing their hopes because they believe that one btc will be much higher as its previous worth and i think that those who sell it in low and reduced price are the foolish idea for those because btc can never be a coin which can be a cause of one's failure. Hence the price is low but after some months undoubtedly it will be up again and holders will be getting benefit out of it.

darewaller

hero member

Activity: 2926

Merit: 640

Quote from: libert19 on December 28, 2022, 12:38:27 AM

Once you have observed prior timelines on BTC, there is nothing to be afraid of. I'm pretty sure real long term holders don't even check prices of BTC, that's how much faith they have in it.

Yeah, I don't even think long term investors check the price so frequently because when you are investing in for the long term you are more focused about the development and further acceptance/news about Bitcoins rather than the price which is heavily manipulated and never a good indicator of the value.

I think everyone of us have some BTC saved and some we use for stuff like trading and spending in daily life. The BTC we have saved is what we are never afraid about or at least I am not concerned about it but the BTC I have in trust wallet for stuff like trading, gambling, spending, etc I always get nervous when the price is fluctuating.

savetheFORUM

full member

Activity: 1134

Merit: 140

Quote from: Viscore on January 07, 2023, 05:47:05 PM

Quote from: South Park on January 06, 2023, 04:24:44 PM

It is important to differentiate between the long term holders that have one or several bear markets under their belts and those which do not, this is because the long term holders that have experimented bear markets on the past know very well how bad things can get, and since they have held their coins even during those circumstances then it is obvious they will be able to keep holding their coins now, but for those which do not have this experience and only know about this from watching the charts there is a real risk they will sell their coins as they they could be unable to endure the pressure during these difficult times.

That’s why experience greatly matters in any of our endeavors, especially in a volatile investment like bitcoin. Surely, they will be panicking at the moment watching the price keeps on dropping but if they have established their faith with bitcoin, they will stay patient and continue hodling until they’ll reap what they sow and experience first time profits when the market turns bullish hopefully this year. However, for long term hodlers, they know what they’re doing, so they’ll be safe with that.

If we are a noob, the only thing that we can do for now is to equip ourselves with knowledge. Read articles about BTC and ask things that you don't understand in bitcoin forums. Once you know some stuffs, it must be the time to get yourself involved on the actual thing.

The good thing about it is that it helps us to stay strong even though there are some worries unlike to those newbies who just jump in immediately. Their worries can only lead to quitting because they don't have an idea that BTC can still be able to recover. Long term hodlers do also take advantage of any bull runs that they can come across with. To earn a profit is also their main objective on why they are here.

Viscore

hero member

Activity: 3178

Merit: 661

Live with peace and enjoy life!

Quote from: South Park on January 06, 2023, 04:24:44 PM

Quote from: libert19 on December 28, 2022, 12:38:27 AM

Once you have observed prior timelines on BTC, there is nothing to be afraid of. I'm pretty sure real long term holders don't even check prices of BTC, that's how much faith they have in it.

It is important to differentiate between the long term holders that have one or several bear markets under their belts and those which do not, this is because the long term holders that have experimented bear markets on the past know very well how bad things can get, and since they have held their coins even during those circumstances then it is obvious they will be able to keep holding their coins now, but for those which do not have this experience and only know about this from watching the charts there is a real risk they will sell their coins as they they could be unable to endure the pressure during these difficult times.

That’s why experience greatly matters in any of our endeavors, especially in a volatile investment like bitcoin. Surely, they will be panicking at the moment watching the price keeps on dropping but if they have established their faith with bitcoin, they will stay patient and continue hodling until they’ll reap what they sow and experience first time profits when the market turns bullish hopefully this year. However, for long term hodlers, they know what they’re doing, so they’ll be safe with that.

rozak

sr. member

Activity: 1960

Merit: 273

★Bitvest.io★ Play Plinko or Invest!

Quote from: bounceback on January 07, 2023, 06:34:01 AM

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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?

2022 has ended and we are now entering a new year but if we look at it after the turn of the year there have been no positive signs that could make the bitcoin movement increase so that bitcoin is still being traded below $20k and it looks like this year we will still be in a bear market, although there is a possibility that the price of bitcoin will decrease until the end of the year but for long term investors they will not worry too much because they have a strong hand to hold bitcoin until it reaches the target they set and maybe they will only sell it when they get the return as expected.

yes, long-term investors will not care about this. everyone already knows we're in a pretty long bear market. maybe last year was not a good opportunity for investors and most of the course keep holding their assets without hesitation to get out of the investment.
those who are experienced course know how the current market opportunities are created. this may not be easy for beginners. but for those with experience, of course, this is an opportunity.

bounceback

sr. member

Activity: 2086

Merit: 283

Vave.com - Crypto Casino

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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?

2022 has ended and we are now entering a new year but if we look at it after the turn of the year there have been no positive signs that could make the bitcoin movement increase so that bitcoin is still being traded below $20k and it looks like this year we will still be in a bear market, although there is a possibility that the price of bitcoin will decrease until the end of the year but for long term investors they will not worry too much because they have a strong hand to hold bitcoin until it reaches the target they set and maybe they will only sell it when they get the return as expected.

Mr.right85

hero member

Activity: 1036

Merit: 674

Quote from: South Park on January 06, 2023, 04:24:44 PM

Quote from: libert19 on December 28, 2022, 12:38:27 AM

It is important to differentiate between the long term holders that have one or several bear markets under their belts and those which do not, this is because the long term holders that have experimented bear markets on the past know very well how bad things can get, and since they have held their coins even during those circumstances then it is obvious they will be able to keep holding their coins now, but for those which do not have this experience and only know about this from watching the charts there is a real risk they will sell their coins as they they could be unable to endure the pressure during these difficult times.

Yeah. That's where experience gets to speak as to reasons why some persons would regard it for a best teacher. They've probably not seen it all but, they aren't strangers to the possible outcomes of the market and what result it is to expect when the bear market goes away.

At that point, enduring or having patience for the bear market to go away is a no question. Its a lotore different when yoie just seeing the bear market for a first time. Especially as someone who invested when the market was bullish, even slightly. It leads to so much panic having to watch the gradual liquidation of your crypto portfolio.

Once your able to manage it, that some layer to your skin and all you might need is some resources to see you through tough bearish market conditions as, your pretty aware of what to expect.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: libert19 on December 28, 2022, 12:38:27 AM

Once you have observed prior timelines on BTC, there is nothing to be afraid of. I'm pretty sure real long term holders don't even check prices of BTC, that's how much faith they have in it.

It is important to differentiate between the long term holders that have one or several bear markets under their belts and those which do not, this is because the long term holders that have experimented bear markets on the past know very well how bad things can get, and since they have held their coins even during those circumstances then it is obvious they will be able to keep holding their coins now, but for those which do not have this experience and only know about this from watching the charts there is a real risk they will sell their coins as they they could be unable to endure the pressure during these difficult times.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: Questat on December 28, 2022, 07:06:03 AM

Honestly, we have nothing to do about it nor have a way to stop it. It declines that no one would be blamed as the market is designed to have up and down. As a long-term holder, I didn't bother to see the market all the time as it was necessary. My mind is already programmed to sell my Bitcoin during the bull season so I have to wait for it until then.

Actually, panic will only come when we are too emotional and uncertain of what we do. Trust is really important in investing in crypto not only in Bitcoin but also in altcoins.

When you do step your foot into this market and you've been staying for a couple of years then it would really be that impossible for you not to notice out on what are the most common behavior that you could see around on which movements could neither be up and down.If you have decided on making yourself as a long term holder then this would really be a test of patience and discipline towards your holding because
not all does have that good self control on making out some impulsive actions specially when they do saw the market is declining. Pretty sure that those long term holders are pretty aware
of these scenarios and conditions which they would rather just simply sit and relax and would rather accumulate more if they do have the funds on doing so.

Questat

hero member

Activity: 2982

Merit: 610

Honestly, we have nothing to do about it nor have a way to stop it. It declines that no one would be blamed as the market is designed to have up and down. As a long-term holder, I didn't bother to see the market all the time as it was necessary. My mind is already programmed to sell my Bitcoin during the bull season so I have to wait for it until then.

Actually, panic will only come when we are too emotional and uncertain of what we do. Trust is really important in investing in crypto not only in Bitcoin but also in altcoins.

LDL

hero member

Activity: 742

Merit: 671

Quote from: libert19 on December 28, 2022, 12:38:27 AM

Once you have observed prior timelines on BTC, there is nothing to be afraid of. I'm pretty sure real long term holders don't even check prices of BTC, that's how much faith they have in it.

Bitcoin's current market conditions may scare many, but those invested for a long-term hold probably won't. There are many who look at Bitcoin's past record to invest and decide to hold until Bitcoin goes higher. Especially those who saw the 2018 bear market crash and invested during that time have benefited greatly as 2021 came and sold off the skyrocketing price of Bitcoin. Again, those who invest in this dumping condition and hold patiently will have the potential to get huge profits in the future.

libert19

hero member

Activity: 2520

Merit: 952

Once you have observed prior timelines on BTC, there is nothing to be afraid of. I'm pretty sure real long term holders don't even check prices of BTC, that's how much faith they have in it.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: AmoreJaz on December 23, 2022, 06:07:37 PM

most long time holders know what they are into. unless, some of them have immediate need so the possibility of selling at a loss is always there. but if they don't need it badly, for sure they will be holding long and just wait for the market to recover. it may lost its value to a great deal but if you are a long-time holder, you're not worried about it. you know that down the road, it will bounce back again.

Long term holders have very specific goals in mind when they invest in bitcoin, so even such a low price is not enough to scare them into selling their coins, and if they have some cash available it is possible that instead they will take advantage of the low price, as we never know how long bitcoin can remain so close to its bottom, however many people want to become long term holders only to fail at the end as they simply do not have the ability to endure holding their coins when the price is not only very low but it will also take a long of time before it recovers.

SquirrelJulietGarden

hero member

Activity: 1442

Merit: 775

Long term holders began to buy bitcoin again but they just started after many months of selling.
Short terms holders are buying more seriously than long term holders but they are not market leaders, market leaders.
They will panic sell again if the $15,000 bottom is broken in future.

The hodl waves show activities of bitcoin holders.
https://www.lookintobitcoin.com/charts/hodl-waves/

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: ShowOff on December 23, 2022, 11:38:05 AM

Quote from: fullhdpixel on December 23, 2022, 11:32:23 AM

Strong declines have already occurred many times so I think we will hardly see one anymore.

When I think about possible downsides, it is always possible to witness a major dip if the market is in really bad trouble.
No one can say for sure what the future of bitcoin will be, its price will always fluctuate and its future is something that is constantly getting speculation.

By now we are all aware that bitcoin has lost 75% of its value since ATH, but when one is experienced in the market then it is unlikely their level of concern will be that great. In fact I would think they would try to buy more and hold on instead of worrying about it.

most long time holders know what they are into. unless, some of them have immediate need so the possibility of selling at a loss is always there. but if they don't need it badly, for sure they will be holding long and just wait for the market to recover. it may lost its value to a great deal but if you are a long-time holder, you're not worried about it. you know that down the road, it will bounce back again.

Hamphser

sr. member

Activity: 2604

Merit: 338

Vave.com - Crypto Casino

Quote from: indah rezqi on December 18, 2022, 03:07:10 PM

Quote from: Hamphser on December 18, 2022, 02:38:16 PM

About on those long term holders then it wont really be that much of an issue into holding their position yet they do know on what are the ups and downs of this market which simply means that they are already getting used to it and instead of freaking out on the time that the market would dip on then they do rather accumulate as much as they could considering that they've been pretty aware on how things do behave.

Not all will do about what you say. Quite a few people freak out when they lose hundreds of thousands of dollars, and long term holders are no exception. After all, not all holders are from upper and middle economic circles where they will be able to control their emotions about market fluctuations due to the strength of their money. But some holders from lower economic circles, will definitely panic when the market crashes.

About accumulation, it can be done by all holders especially if they have enough money to invest it. Therefore, I think quite a lot of people just hold without accumulating because they don't have the money to do so. Normal, that is of course conceivable.

Which it is indeed that situational or something that cant really be avoided.Investment behavior and pattern does really vary on individuals financial capacity on which it would really be just that normal that there

would be things which would be missed out and there would be things which people could really take advantage on compared into others.Its true that accumulation is what we do all hope and trying to do.
For those who do have money then they are the ones who are in advantage than into those who do only earn sufficient for their daily living which is something that hinders them on doing things.
As a human being or a person who does have emotions then it is really that impossible that you wont really be bulge on the time that the market would really be making out some bad movement or huge
decline.You cant really just resist not to sell and having those thoughts that this might be the start of even worst case.

ShowOff

legendary

Activity: 2618

Merit: 1181

Quote from: fullhdpixel on December 23, 2022, 11:32:23 AM

Strong declines have already occurred many times so I think we will hardly see one anymore.

When I think about possible downsides, it is always possible to witness a major dip if the market is in really bad trouble.
No one can say for sure what the future of bitcoin will be, its price will always fluctuate and its future is something that is constantly getting speculation.

By now we are all aware that bitcoin has lost 75% of its value since ATH, but when one is experienced in the market then it is unlikely their level of concern will be that great. In fact I would think they would try to buy more and hold on instead of worrying about it.

fullhdpixel

hero member

Activity: 2828

Merit: 611

Quote from: tvplus006 on December 23, 2022, 05:55:46 AM

Small bitcoin holders are in no hurry to part with it, hoping that the market will turn around as before and they will have a good opportunity to sell and get a big profit. But the market doesn't work that way. We will not see further growth of bitcoin until such small holders sell it. Accordingly, we should expect at least another strong decline in prices.

To be part of what? If it's about selling off then I think small BTC hodlers are always itchy doing that. They can sell at a much earlier time than those who are big bitcoin holders. The market can always turn around or the bears will end and will be replace by a bull run because this is how it works, this is why many people are buying coins right now and then hodling it strong. They will only sell it when the bull run arrives to earn a massive profit.

As a said earlier, small hodlers can sell early but it can't affect the price heavily since I believe that majority here are now a big hodler and they won't sell until the perfect time came. Strong declines have already occurred many times so I think we will hardly see one anymore.

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Small bitcoin holders are in no hurry to part with it, hoping that the market will turn around as before and they will have a good opportunity to sell and get a big profit. But the market doesn't work that way. We will not see further growth of bitcoin until such small holders sell it. Accordingly, we should expect at least another strong decline in prices.

pixie85

hero member

Activity: 2184

Merit: 531

Quote from: JoyMarsha on December 19, 2022, 05:08:13 PM

There are still a few days left in the year, so I don't imagine any magic to happen in December regarding the price of bitcoin. Let's just assume that the price of bitcoin was $17k lower at the year's end.

Even though I haven't sold yet, I plan to invest more and hodl onto my bitcoin holdings until 2024, therefore next year will be an even another excellent year for all cryptocurrency investors holders, not as bad as this year's bitcoin price. Bitcoin might, just possibly, surpass her previous ATH by 2024

I don't think that we should concentrate so much on the end of the year or any other specific date. If you're in it for the long run, you're in it for the 31st of December and 1st of January. It doesn't really matter, unless you have a deadline fora purchase or something and have to liquidate your investment by a certain date.

I look at specific years, not months. For me an important date is Spring of 2024 - the halving. If bitcoin fails to grow between now and then I'll rethink my investment, but I'm going to accumulate for at least another year, no matter the price.

My prediction for December? Probably a channel between 15000 and 17000 - doesn't really matter where we are with prices below 20k as I'm never going to sell this cheap.

EdenHazard

legendary

Activity: 2674

Merit: 1048

It's time to trigger the dollar cost averaging! And nayib bukele the president of el salvador who well known as a bitcoin holder has announced that he is going to but 1 bitcoin every day starts from the 18 nov! Despite his holding currently down over 60% with these dollar cost averaging ..

He would make a great coneback later on once the price bounce back! Can't really imagine about that.

JoyMarsha

sr. member

Activity: 924

Merit: 365

There are still a few days left in the year, so I don't imagine any magic to happen in December regarding the price of bitcoin. Let's just assume that the price of bitcoin was $17k lower at the year's end.

Even though I haven't sold yet, I plan to invest more and hodl onto my bitcoin holdings until 2024, therefore next year will be an even another excellent year for all cryptocurrency investors holders, not as bad as this year's bitcoin price. Bitcoin might, just possibly, surpass her previous ATH by 2024

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: LUCKMCFLY on December 18, 2022, 12:48:08 PM

what I see for now is a stage of reaccumulation, but the trend continues intact, and I see the reaccumulation due to the simple fact that the threats from the world of war and possible encounters of world powers means that it causes panic in many investors and that is why it is falling in price, but still for me the S2F model is very valid, and that at some point bitcoin will take the path that we all want to see.

Re-accumulation might be the action of long term traders but I do not see all long term holders so. Yeah, most of long term holders never prefer to disturb their hoarding. People who are into short term trading may not prefer the current market sentiment to accumulate as the waiting period must be undefined. So, people who are reaccumulating are just active traders who plan long term. Other than that, for all the other bitcoiners who prefer better average must be making use of current scenario.

Unlike OP mentioned, people who are into long term holding never mind what is happening in the trend of bitcoin as they are already in profits hence they not bother about the current holding but must be planning up to add more into their holding at cheaper prices.

indah rezqi

hero member

Activity: 1512

Merit: 874

Quote from: Hamphser on December 18, 2022, 02:38:16 PM

About on those long term holders then it wont really be that much of an issue into holding their position yet they do know on what are the ups and downs of this market which simply means that they are already getting used to it and instead of freaking out on the time that the market would dip on then they do rather accumulate as much as they could considering that they've been pretty aware on how things do behave.

Not all will do about what you say. Quite a few people freak out when they lose hundreds of thousands of dollars, and long term holders are no exception. After all, not all holders are from upper and middle economic circles where they will be able to control their emotions about market fluctuations due to the strength of their money. But some holders from lower economic circles, will definitely panic when the market crashes.

About accumulation, it can be done by all holders especially if they have enough money to invest it. Therefore, I think quite a lot of people just hold without accumulating because they don't have the money to do so. Normal, that is of course conceivable.

Bitstar_coin

hero member

Activity: 2478

Merit: 695

SecureShift.io | Crypto-Exchange

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

Despite a rise in volatility and massive losses for BTC the long-term holders are positive.

Only when you don't know what BTC is capable of doing should you be negative and lose hope because of this current market situation. It is a difficult period for holders but the best way to handle this period is by staying as positive as one can be.

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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?

In every bear market, people always react like this, those who are not very understanding of the market will sell off at every little FUD that occurs, while those who believe in long-term goals will remain calm and keep holding for the next bull period. Every circle has its special story attached to it.

Hamphser

sr. member

Activity: 2604

Merit: 338

Vave.com - Crypto Casino

Quote from: teosanru on December 18, 2022, 01:26:01 PM

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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 think there is no reason at all why you shouldn't be optimistic here, every time this type of phase comes in crypto it's generally always followed by a price rally towards north with greater power and greater highs, and at that time most people regret not buying it earlier when the price was low. Talking about fundamentals, at this point in time even the on chain fundamentals would look weak to you, but only thing that has still put me in-game is that there is a lot of potential to grow for bitcoin as there is still a lot of retail folks which are yet to adopt bitcoin in their investment portfolio or as a medium of exchange.

People should really be at least having those kind of anticipation yet considering that this market cant really be bearish forever on which there would really comes a time where it would really be having a good run.

About on those long term holders then it wont really be that much of an issue into holding their position yet they do know on what are the ups and downs of this market which simply means that they are already
getting used to it and instead of freaking out on the time that the market would dip on then they do rather accumulate as much as they could considering that they've been pretty aware
on how things do behave.For those who are just newbie holders or who had just recently been accumulating then reactions and impressions of something they do mind off of selling on panic
is really just that pretty common.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

we are very close to the end of the year, to be more precise we are less than 15 days to the end of the year and the price cannot stay above 17500$, even to stay above 17000$ it is being a very difficult task, this shows that financial crisis due to the war will make the bitcoin price not have big price increases for a long time, so I don't expect the price to be above 18000$ this year, we will probably be in the 16000 - 17000$.

the question we will have to ask ourselves will be: when will the war end for the price to rise again? and if the war goes on for a long time and the financial crisis gets worse, what will be the minimum that the price of bitcoin will fall? Could we still see the price drop to the critical point of $10,000? I am not particularly buying, I prefer to just observe the market, with so much negative news buying now has become too risky, even if it were to do hodl for years, it would be wiser to wait to buy lower

teosanru

hero member

Activity: 2114

Merit: 619

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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 think there is no reason at all why you shouldn't be optimistic here, every time this type of phase comes in crypto it's generally always followed by a price rally towards north with greater power and greater highs, and at that time most people regret not buying it earlier when the price was low. Talking about fundamentals, at this point in time even the on chain fundamentals would look weak to you, but only thing that has still put me in-game is that there is a lot of potential to grow for bitcoin as there is still a lot of retail folks which are yet to adopt bitcoin in their investment portfolio or as a medium of exchange.

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

I see that the trend of Bitcoin in my view remains the same in the long term, and in the long term I see that the trend is totally bullish, and I analyze that based on the Wyckoff theory that in my way of analyzing This trend has not been lost, of course what I see for now is a stage of reaccumulation, but the trend continues intact, and I see the reaccumulation due to the simple fact that the threats from the world of war and possible encounters of world powers means that it causes panic in many investors and that is why it is falling in price, but still for me the S2F model is very valid, and that at some point bitcoin will take the path that we all want to see.

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

Quote from: Wind_FURY on November 19, 2022, 07:30:58 AM

Quote

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

I think that the holders simply respond by making the best Hodl of all time, it is a sure thing, nobody is going to sell BTC with such a low price, for me it would be a waste of time if they could do something like selling right now, apart from being a waste of time it would be lose money and give our BTC to the big whales, then the holders must be doing other activities, following the movement of Bitcoin because it is something normal, always in every investment you must follow up, not panic and trust, we are only in 2022 , we could see the scenario that can occur in 2024 where everything can improve, this is something that can be very good.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: Issa56 on November 27, 2022, 11:46:56 AM

Quote from: tbct_mt2 on November 26, 2022, 07:05:42 PM

In future, when Bitcoin crosses $100k, nobody will mind about $4,000 in difference between $20,000 or $16,000 entry prices. Is what I say true? At that time, people just hope they can travel back in time, to buy Bitcoin even at $50,000.

No matter how low the price of bitcoin drops, some people won't buy. We all know that the price of bitcoin is currently down, but some people will continue to wait for the price to fall more. Even if the price of bitcoin drops to $1000, some people won't buy. when the price of bitcoin starts to increase, they will start regretting why they didn't buy bitcon when the price was low and blaming themselves for not doing so when the price was at $16,000. I won't force anyone to invest in bitcoin right away if they believe that the price will drop even further then they should keep on waiting.

Those are the people that when there is an ATH they wish for the price of bitcoin to go down in order to buy it, and when their wish is fulfilled they try to look for all kind of excuses to not buy it.

Basically those people are afraid of taking a decision and then making a mistake, and the markets are not really the place for people like that since we could say the whole point of trading is to take resolute decisions about when to enter and exit the market.

Pam beasely

newbie

Activity: 22

Merit: 1

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

Despite a rise in volatility and massive losses for BTC the long-term holders are positive.

Global geopolitics and the prevailing macroeconomics will push Bitcoin prices to higher volatility in future. But for now as per on-chain data and Glassnode, long-term Bitcoin holders perceive the current bear market as similar to 2018 bear market, which saw a peak unrealised loss of -36% on average. I fell its time HOLD your bitcoins and best time for new investors.

Some Positive news -
According to Glassnode, the total supply held by holders has reached a new ATH of 13.62 million BTC. So the price will re bounce anytime soon.

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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

The current situation of the bear market is not certain, as crypto winter is here. The crypto market will take time to recover from this bearish clouds. Keeping this in mind the maximum we price we can expect is $18,954.37 and least down fall could be $15,405.825(bitcoin price prediction by Coinpedia experts).

Today November 29 price is at $16,434.07.

Issa56

hero member

Activity: 1484

Merit: 928

Quote from: tbct_mt2 on November 26, 2022, 07:05:42 PM

In future, when Bitcoin crosses $100k, nobody will mind about $4,000 in difference between $20,000 or $16,000 entry prices. Is what I say true? At that time, people just hope they can travel back in time, to buy Bitcoin even at $50,000.

No matter how low the price of bitcoin drops, some people won't buy. We all know that the price of bitcoin is currently down, but some people will continue to wait for the price to fall more. Even if the price of bitcoin drops to $1000, some people won't buy. when the price of bitcoin starts to increase, they will start regretting why they didn't buy bitcon when the price was low and blaming themselves for not doing so when the price was at $16,000. I won't force anyone to invest in bitcoin right away if they believe that the price will drop even further then they should keep on waiting.

tbct_mt2

hero member

Activity: 2366

Merit: 838

Quote from: Solosanz on November 22, 2022, 05:04:50 AM

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!

In future, when Bitcoin crosses $100k, nobody will mind about $4,000 in difference between $20,000 or $16,000 entry prices. Is what I say true? At that time, people just hope they can travel back in time, to buy Bitcoin even at $50,000.

Quote from: Issa56 on November 26, 2022, 04:04:51 PM

I am a bitcoin holder and I don't care about bitcon price movement, we are currently in a bear market and I believe this is the right time for everyone who hasn't bought bitcoin or hasn't bought enough bitcoin to do so, bitcoin is very cheap now any extra money I have I use it to buy bitcoin and am ready to hold for long term, even if bitcoin keep on dumping, I will keep on buying because I know bitcoin will definitely bounce back, but it may take time, nobobody knows when it will bounce back so we just all need to have patience.

Bear market is good to DCA Bitcoin especially in a bear market which lasts about a year like now. This bear market is not over and price can be lower than now but we are in or very close to the bottom area.

Time to DCA with Bitcoin and hodl strong. After you buy it, you should ignore short term movements if you don't have strong mentality because if you overlook at the market, you will panic sell.

Issa56

hero member

Activity: 1484

Merit: 928

Quote from: Solosanz on November 22, 2022, 05:04:50 AM

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!

I am a bitcoin holder and I don't care about bitcon price movement, we are currently in a bear market and I believe this is the right time for everyone who hasn't bought bitcoin or hasn't bought enough bitcoin to do so, bitcoin is very cheap now any extra money I have I use it to buy bitcoin and am ready to hold for long term, even if bitcoin keep on dumping, I will keep on buying because I know bitcoin will definitely bounce back, but it may take time, nobobody knows when it will bounce back so we just all need to have patience.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

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.

Mauser

hero member

Activity: 1974

Merit: 534

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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.

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

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.

pooya87

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.

Franctoshi

hero member

Activity: 966

Merit: 588

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

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.

Solosanz

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.

wxa7115

hero member

Activity: 2814

Merit: 734

Bitcoin is GOD

Quote from: AakZaki on November 20, 2022, 07:13:25 PM

Quote from: Wind_FURY on November 19, 2022, 07:30:58 AM

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.

Alisha-k

member

Activity: 840

Merit: 23

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

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote from: AakZaki on November 20, 2022, 07:13:25 PM

Quote from: Wind_FURY on November 19, 2022, 07:30:58 AM

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.

Quote

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.

Quote

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.

AakZaki

legendary

Activity: 2338

Merit: 1084

zknodes.org

Quote from: Wind_FURY on November 19, 2022, 07:30:58 AM

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.

ilovealtcoins

sr. member

Activity: 1246

Merit: 263

SmartFi - EARN, LEND & TRADE

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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.

Mr.right85

hero member

Activity: 1036

Merit: 674

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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.

lalabotax

full member

Activity: 1582

Merit: 132

BK8 - Most Trusted Gambling Platform

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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.

SirLancelot

hero member

Activity: 2646

Merit: 582

Leading Crypto Sports Betting & Casino Platform

Quote from: el kaka22 on November 19, 2022, 03:00:40 AM

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.

Wind_FURY

legendary

Activity: 2898

Merit: 1823

Quote

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

Anguwa

member

Activity: 742

Merit: 30

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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.

el kaka22

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

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.

Wexnident

hero member

Activity: 2702

Merit: 672

I don't request loans~

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.

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Any long-term bitcoin holder can still be patient, even if that means we will still hold bitcoins for another 2-3 years because we have experienced this before. And even most of the long-term bitcoin holders have experienced a very sharp drop before, making us even stronger holders who can buy more bitcoins when the price drops like it is now.

As for the hike, it may not happen late in 2022, especially with a very high increase. But the increase may still occur at the end of the year because all possibilities can still occur and no one knows what will happen next.

NicNacCoin

sr. member

Activity: 1386

Merit: 451

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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?

But we have come to the end of the year. So far the price of Bitcoin has not increased but rather decreased.In such a situation no investor is able to invest properly. Different analysts are not able to accurately analyze which direction the market will go.However, many analysts have analyzed and said that the year 2024 will be the next halving of Bitcoin. But we investors must wait till 2024 and till then our bitcoins and all Should be held for long term.

Bitcoin_Arena

copper member

Activity: 2114

Merit: 1814

฿itcoin for all, All for ฿itcoin.

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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.

In case you are new in this space, it's been like this since Bitcoin's existence. HODL tight!!!

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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

End of 2022 is too close, probably mid 2024 and onwards if you have observed the previous cycles

Vaskiy

legendary

Activity: 2646

Merit: 1106

DGbet.fun - Crypto Sportsbook

Long term holders never think of anything happening in the market. They just focus on accumulating more to the portfolio. This is just out of trust and on the understanding they have over the market. Quite often we used to encounter some issues and the price gets disturbed at times. This is common from the beginning of Bitcoin, so the long term holders just look for opportunities to increase the holding and never panic as the portfolio have high percentage of bitcoin.

AmoreJaz

legendary

Activity: 3122

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: Issa56 on November 18, 2022, 04:03:55 PM

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

Despite a rise in volatility and massive losses for BTC the long-term holders are positive.

We are definitely positive because we know bitcoin will definitely bounce back, we have experience this kind of market condition and bitcon bounced back then, so even now bitcoin is definitely going to bounce back, just that nobody knows when that will happen, but we are definitely going to hold till then, we are not selling and we are not getting discouraged.

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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

I don't think anybody can really predict what bitcoin price will be before the end of the year, the year is about to end so I think it's better we wait and see what will happen.

for crypto holders who have been here long time, they may see this period as a very good opportunity to stack up their btc holdings. because if we do believe on this market, it means, we have high hopes that this market will recover sooner or later. but no one can exactly predict this market, even those known personalities in crypto or other self-proclaimed crypto experts.

Issa56

hero member

Activity: 1484

Merit: 928

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

Despite a rise in volatility and massive losses for BTC the long-term holders are positive.

We are definitely positive because we know bitcoin will definitely bounce back, we have experience this kind of market condition and bitcon bounced back then, so even now bitcoin is definitely going to bounce back, just that nobody knows when that will happen, but we are definitely going to hold till then, we are not selling and we are not getting discouraged.

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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

I don't think anybody can really predict what bitcoin price will be before the end of the year, the year is about to end so I think it's better we wait and see what will happen.

pawanjain

hero member

Activity: 2702

Merit: 716

Nothing lasts forever

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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?

True bitcoin holders wait eagerly for such moments because this is the time when they can buy more coins at cheaper price.
They know sooner or later the prices will rise again bitcoin will touch another ATH. The profits will increase massively if they buy at such dips and sell later.
So I am in the same boat. Although I don't own much sats but I am trying to implement the same strategy and trying to accumulate as much as I can in this dump.

Nrcewker

copper member

Activity: 2268

Merit: 539

LuckyDiamond.io - FLAT 50% Deposit Bonus!

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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?

We are long term holders, we don’t care for these mini dumps which are done by this big whales. It’s just temporary fluctuations which are nothing but opportunities for new users to join into the Bitcoin ecosystem. Rather than panic selling, we should buy more Bitcoins in this bear market and hold until we get profit. Bitcoins are so valuable that, after some years it will become really rare, and for this the price will go up, and we gonna enjoy huge profits.

cheezcarls

hero member

Activity: 2282

Merit: 659

Looking for gigs

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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?

The problem is that we just do not know how long will the bear market going to last. I bet that it is going to be long and we may not see a bull run next month, but I could be wrong.

There are no guarantees or promises when it comes to the prices of Bitcoin and other cryptocurrencies by the end of 2022 because it’s so unpredictable and we may not know if it goes up or down without warning.

AicecreaME

sr. member

Activity: 2436

Merit: 455

Chilling while waiting for the bull run since that's all I can do, to wait. Panic selling won't help, or any kind of panicking. It is important to have a huge amount of patient, and do something else to earn money while we are in a bearish market. Waiting patiently is easy if you know bitcoin really well, because if not, you can't sleep well at night because of the much thoughts circling around in your brain.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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?

We as long term holders have been holding it for years. We don't mind how low it will be but mostly only thinking of how high it can be and that's the time that we'll start to panic, panic in selling at the highest.

Basically, we're all in profit and those that have been holding since 2018 up to now, took some profits last year and still have something to hold until now.

palle11

sr. member

Activity: 2366

Merit: 332

As things are looking with the economic indicators globally are not very favourable to people's pockets, that may affect the rate of btc withdrawal this year end. For now I don't know if that will pull price down but usually during the first and second month of the new year, it is always a slow start because of the activities of December month. For now it is still not a certain moment for investors who want to use free money for the festivities and not to buy.

hugeblack

legendary

Activity: 2702

Merit: 4002

There is less than 50 days left for this year, and then we are scheduled to witness a new increase in the interest rate, layoffs of more employees, and an increase in unemployment, so it is unlikely that we will witness financial flows that lead to a change in the rate.

Therefore, economic will not change much during this world, perhaps after the month of March, we may witness a real change.

hyudien

hero member

Activity: 2156

Merit: 605

Leading Crypto Sports Betting & Casino Platform

Quote from: Elena_Rodriguez on November 18, 2022, 02:22:24 AM

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?

Not sure how the end of 2022 will increase or not. Winter, Christmas, and New Year, and people are starting to withdraw their finances to prepare themselves to watch the world cup added to the current issue of centralized exchanges experiencing bankruptcy has sparked concern for users, both traders, and investors, to immediately secure their assets to their personal wallets so as not to suffer the same thing that FTX users feel. Furthermore, it is driven by the estimated predictions for 2023, where the economy will face a recession, which clearly has a significant impact on the price of Bitcoin and other altcoins because people will be predominately preparing cash funds for some time to come.

Elena_Rodriguez

jr. member

Activity: 58

Merit: 1

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?

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