Continue to Hold your bitcoin | Bitcointalksearch.org

Janation

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Quote from: judaspriest on June 20, 2020, 10:16:26 AM

I think the current market trend is Bullish, because the history of previous years shows like that,
but the market is currently confused, hopefully bitcoin is in strong support

Don't worry, it is.

It is been falling in the past a lot of times and it never stayed there. Remember this year when the price went back to almost $4K and then it just went back quickly ahead to $3K in a short period? That is how I am certain that a lot of people are actually waiting for that price dump to happen. If the price falls again, no doubt that it will just go back again.

KTChampions

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Quote from: iv4n on June 24, 2020, 05:57:42 AM

The most important part is when someone bought it, that makes a huge difference in making a decision what to do next! Along with fiat/bitcoin holdings, there are too many factors, and we can't put all the people in the same basket! I am for more casual approach, always have some bitcoin on holding, when you can add more, always have some bitcoins for fun, gambling or trading! After all you need to have some fiat, if price make a surprise bearish move you need to have some money to buy that dip!

Fiat is necessary even for completely ideological guys who keep all their savings in bitcoin. In the modern world, it is impossible to have zero interactions with the state, and it only recognizes fiat. Many say that this will change soon, but at the moment the state of things is as follows.

jostorres

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Quote from: iv4n on June 24, 2020, 05:57:42 AM

The most important part is when someone bought it, that makes a huge difference in making a decision what to do next! Along with fiat/bitcoin holdings, there are too many factors, and we can't put all the people in the same basket! I am for more casual approach, always have some bitcoin on holding, when you can add more, always have some bitcoins for fun, gambling or trading! After all you need to have some fiat, if price make a surprise bearish move you need to have some money to buy that dip!

That is why the topic is continue to hold and not continue to buy. If it drops you buy at the bottom, if it goes high you sell at the peak and if it is right here you either hold or you do not buy. If you are not sure what to do just wait around, eventually bitcoin will bottom out again, it may not be 4k this time, it could be just 7k but you could still find a bottom and when you find a bottom you will be able to buy once again, until that moment you should not buy or you should not do anything that you might regret later on.

However if you own bitcoin it is still not a good time to buy more, but you could at least sell when it goes up, you are in big advantage over people who didn't buy from the bottom and now you can just wait and profit very soon when the price rises to a new level.

yohananaomi

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Quote from: Desscount on June 22, 2020, 12:04:27 PM

Hold Bitcoin for now, I highly recommend,
most likely will go to $ 9700 now, it's already $ 9500, hopefully in the near future

It's been a few weeks back that bitcoin is at a pretty stable price and continues to only move around $ 9K, as you said. I also agree to hold your bitcoin and wait for the time that bitcoin will rise again, which may be close to $ 15K at the end of the year. next year it will most likely happen the same way as 2017 again and maybe more.

elisabetheva

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Quote from: ultrloa on June 24, 2020, 06:15:40 AM

Quote from: freedomgo on June 23, 2020, 04:53:53 AM

Good news, I think our country is more advance buying bitcoin through 7 eleven was already added years ago, but it's not directly you'll buy, we have our local exchange as a bridge or in short, 7 eleven is a partner of our local exchange.

Quote from: Slow death on June 23, 2020, 04:42:20 AM

today I saw an excellent news and I had to look for this thread to post this news:

LibertyX Allows BTC Purchases in Cash at 7-Eleven, CVS, and Rite Aid

this means that over time thousands of people started to stop buying bitcoin just to make Hodl and will start using bitcoin to buy things

Quote from: Farma on June 23, 2020, 03:33:21 AM

Quote from: Desscount on June 22, 2020, 12:04:27 PM

Hold Bitcoin for now, I highly recommend,
most likely will go to $ 9700 now, it's already $ 9500, hopefully in the near future

currently, the price is really close to $ 9700. if you take advantage of the moment the price of bitcoin drops almost to $ 8k, then it will be profitable. Right now, I have a strong principle of not selling my assets until bitcoin reaches a price above $ 13500, and I'm still waiting with great confidence right now.

if the price breaks $10500 then the next big barrier will be $13000, so I think a good time to sell would be when the price broke $13000 and had a correction

Always sell at peak and buy the dip.

If it will fall it would be nice to accumulate again, but what if it continue to rise?

That's the basic thing we need to do but why there's so many people failed for doing that? We have so many opportunities to sell and people should learn to control theirselves and don't be so greedy whenever you see a pump and ask more from it since for waiting those pumps we will miss the opportunity to earn, whatever figures came we should put on our minds that secure profit and buy in the dip.

the principle that must be held is "buy when prices go down and sell when prices go up" situations like this are sometimes overlooked because of greater desire and I agree that. sometimes the opportunity that comes very quickly and because of the greed that is always attached to every human who hopes that the desire for greater profit, so the opportunity is missed. but all must experience it and this should be a very valuable experience to start better in the future.

ultrloa

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Quote from: freedomgo on June 23, 2020, 04:53:53 AM

Good news, I think our country is more advance buying bitcoin through 7 eleven was already added years ago, but it's not directly you'll buy, we have our local exchange as a bridge or in short, 7 eleven is a partner of our local exchange.

Quote from: Slow death on June 23, 2020, 04:42:20 AM

today I saw an excellent news and I had to look for this thread to post this news:

LibertyX Allows BTC Purchases in Cash at 7-Eleven, CVS, and Rite Aid

this means that over time thousands of people started to stop buying bitcoin just to make Hodl and will start using bitcoin to buy things

Quote from: Farma on June 23, 2020, 03:33:21 AM

Quote from: Desscount on June 22, 2020, 12:04:27 PM

Hold Bitcoin for now, I highly recommend,
most likely will go to $ 9700 now, it's already $ 9500, hopefully in the near future

currently, the price is really close to $ 9700. if you take advantage of the moment the price of bitcoin drops almost to $ 8k, then it will be profitable. Right now, I have a strong principle of not selling my assets until bitcoin reaches a price above $ 13500, and I'm still waiting with great confidence right now.

if the price breaks $10500 then the next big barrier will be $13000, so I think a good time to sell would be when the price broke $13000 and had a correction

Always sell at peak and buy the dip.

If it will fall it would be nice to accumulate again, but what if it continue to rise?

That's the basic thing we need to do but why there's so many people failed for doing that? We have so many opportunities to sell and people should learn to control theirselves and don't be so greedy whenever you see a pump and ask more from it since for waiting those pumps we will miss the opportunity to earn, whatever figures came we should put on our minds that secure profit and buy in the dip.

btc78

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Quote from: Desscount on June 22, 2020, 12:04:27 PM

Hold Bitcoin for now, I highly recommend,
most likely will go to $ 9700 now, it's already $ 9500, hopefully in the near future

we are near coming $9,700 because we had already Hit $9,500 again (from falling under couple days ago) and if that continues then 5 digits is here we go again and now as what i have read in so many speculation that once Bitcoin Hit 10k again then for sure it is the start of reaching $12k.

and besides we are in Halving still so why need to release our holding if we are near going to Bullrun.

Quote from: ?? on ??

a lot of signals came out today, stating Bitcoin is still confused about going up or down, maybe you better let go of Bitcoin and go to altcoin,
because maybe the sideways will be very long in the $ 9000 zone

Lol ALtcoin is nothing without Bitcoin so why need to put our money in coins that will be only Boost if the Bitcoin starts to Pump again.

iv4n

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Quote from: tbterryboy on June 23, 2020, 03:26:40 PM

Well, this all depends on where you are with your bitcoin and with your fiat right now. If you have more fiat than bitcoin I would say keep your distance for now, you do not have to buy anything and just wait until the price goes down, if you buy right now you are either going to lose a lot of money or you are going to just make a tiny amount of profit and it doesn't really worth it.

However if you have a lot of bitcoin and not enough fiat I would say hold it, if you hold it you are going to make even more profit and you are going to be able to sell it whenever, I don't know where you bought them at but it has to be higher than right now so you have a bigger leeway to wait and see if you would be able to profit or not profit but still wouldn't be a big loss even if the price somehow drops further down.

The most important part is when someone bought it, that makes a huge difference in making a decision what to do next! Along with fiat/bitcoin holdings, there are too many factors, and we can't put all the people in the same basket! I am for more casual approach, always have some bitcoin on holding, when you can add more, always have some bitcoins for fun, gambling or trading! After all you need to have some fiat, if price make a surprise bearish move you need to have some money to buy that dip!

tbterryboy

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Well, this all depends on where you are with your bitcoin and with your fiat right now. If you have more fiat than bitcoin I would say keep your distance for now, you do not have to buy anything and just wait until the price goes down, if you buy right now you are either going to lose a lot of money or you are going to just make a tiny amount of profit and it doesn't really worth it.

However if you have a lot of bitcoin and not enough fiat I would say hold it, if you hold it you are going to make even more profit and you are going to be able to sell it whenever, I don't know where you bought them at but it has to be higher than right now so you have a bigger leeway to wait and see if you would be able to profit or not profit but still wouldn't be a big loss even if the price somehow drops further down.

freedomgo

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Good news, I think our country is more advance buying bitcoin through 7 eleven was already added years ago, but it's not directly you'll buy, we have our local exchange as a bridge or in short, 7 eleven is a partner of our local exchange.

Quote from: Slow death on June 23, 2020, 04:42:20 AM

today I saw an excellent news and I had to look for this thread to post this news:

LibertyX Allows BTC Purchases in Cash at 7-Eleven, CVS, and Rite Aid

this means that over time thousands of people started to stop buying bitcoin just to make Hodl and will start using bitcoin to buy things

Quote from: Farma on June 23, 2020, 03:33:21 AM

Quote from: Desscount on June 22, 2020, 12:04:27 PM

Hold Bitcoin for now, I highly recommend,
most likely will go to $ 9700 now, it's already $ 9500, hopefully in the near future

currently, the price is really close to $ 9700. if you take advantage of the moment the price of bitcoin drops almost to $ 8k, then it will be profitable. Right now, I have a strong principle of not selling my assets until bitcoin reaches a price above $ 13500, and I'm still waiting with great confidence right now.

if the price breaks $10500 then the next big barrier will be $13000, so I think a good time to sell would be when the price broke $13000 and had a correction

Always sell at peak and buy the dip.

If it will fall it would be nice to accumulate again, but what if it continue to rise?

Slow death

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today I saw an excellent news and I had to look for this thread to post this news:

LibertyX Allows BTC Purchases in Cash at 7-Eleven, CVS, and Rite Aid

this means that over time thousands of people started to stop buying bitcoin just to make Hodl and will start using bitcoin to buy things

Quote from: Farma on June 23, 2020, 03:33:21 AM

Quote from: Desscount on June 22, 2020, 12:04:27 PM

Hold Bitcoin for now, I highly recommend,
most likely will go to $ 9700 now, it's already $ 9500, hopefully in the near future

currently, the price is really close to $ 9700. if you take advantage of the moment the price of bitcoin drops almost to $ 8k, then it will be profitable. Right now, I have a strong principle of not selling my assets until bitcoin reaches a price above $ 13500, and I'm still waiting with great confidence right now.

if the price breaks $10500 then the next big barrier will be $13000, so I think a good time to sell would be when the price broke $13000 and had a correction

Farma

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Quote from: Desscount on June 22, 2020, 12:04:27 PM

Hold Bitcoin for now, I highly recommend,
most likely will go to $ 9700 now, it's already $ 9500, hopefully in the near future

currently, the price is really close to $ 9700. if you take advantage of the moment the price of bitcoin drops almost to $ 8k, then it will be profitable. Right now, I have a strong principle of not selling my assets until bitcoin reaches a price above $ 13500, and I'm still waiting with great confidence right now.

Cherylstar86

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Quote from: Oasisman on June 22, 2020, 04:17:25 PM

Quote from: Kong Hey Pakboy on June 22, 2020, 01:52:13 AM

Quote from: ?? on ??

a lot of signals came out today, stating Bitcoin is still confused about going up or down, maybe you better let go of Bitcoin and go to altcoin,
because maybe the sideways will be very long in the $ 9000 zone

Bitcoin's price is suprisingly staying in $9,000 after the halving has occured, even it shows a downfall signal from the last few days. I assume bitcoin has a chance to increase and stay it's price to $10,000 next month, so it is better if we will continue to hold our bitcoin.

Bitcoin is moving around that region indeed, and that's a good sign anyway. I mean, Bitcoin wasn't showing a bearish mode from the last few weeks. When the price dropped at the edge of $9,000, It'll automatically bounce back in 24-48 hour span. There's just something that hinders Bitcoin to break the 5 digit level.
On the other hand, I didn't see any point of selling your Bitcoin at this current range. Bitcoin has a very good potential to break another ATH this year or next year, and finding the bottom might be very hard for accumulation again. So, better get hold firmly of your Bitcoins.

Hopefully that won't contradict those expectations mate, and that potential that you're talking about will soon coincide successfully. Other people might decide quickly on dumping their asset but unfortunately in the end it's a very wrong decisions to make. Some might regret all those wasted capital, when sudden price bounce will take effect again.

STT

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Today was a good day for the holders, a substantial break upwards of a recent negative trend. BTC continues to fight the good fight. There is still more work to do in order to establish price has beaten negatives over medium term and we are within the range still since May start. However its hard to label the price as betraying holders when it moves upwards like this quite substantially to counter recent negatives.
Its crossing the 50 day moving average right now like we might cross train tracks, I dont want to see it linger here too long but decide where to go and proceed.

bitcoinst

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Cryptocurrency investments are quite different from other investments because the speculative nature of the market is too strong here. Volumes are everything.

The whole market depends on bitcoin right? This means that a “weather” uncertainty factor is added to the main factor, such as technology, team, marketing and other things, depending on where bitcoin will go, which in turn is subject to manipulation by exchanges. In total, we get an extremely ambiguous environment in which you can quickly get rich and lose everything.

And as practice shows, more often you will hold the tail of unluck in your hands.

Oasisman

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Quote from: Kong Hey Pakboy on June 22, 2020, 01:52:13 AM

Quote from: ?? on ??

a lot of signals came out today, stating Bitcoin is still confused about going up or down, maybe you better let go of Bitcoin and go to altcoin,
because maybe the sideways will be very long in the $ 9000 zone

Bitcoin's price is suprisingly staying in $9,000 after the halving has occured, even it shows a downfall signal from the last few days. I assume bitcoin has a chance to increase and stay it's price to $10,000 next month, so it is better if we will continue to hold our bitcoin.

Bitcoin is moving around that region indeed, and that's a good sign anyway. I mean, Bitcoin wasn't showing a bearish mode from the last few weeks. When the price dropped at the edge of $9,000, It'll automatically bounce back in 24-48 hour span. There's just something that hinders Bitcoin to break the 5 digit level.
On the other hand, I didn't see any point of selling your Bitcoin at this current range. Bitcoin has a very good potential to break another ATH this year or next year, and finding the bottom might be very hard for accumulation again. So, better get hold firmly of your Bitcoins.

bitgolden

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Bitcoin is a currency that really works for you even while you are sleeping. Think about it, it is pegged to dollars and USD is something that loses value every single year, even just this year they have printed trillions so it lost a lot of value in people's eyes. Wait and see, the damages of this year will come out in the future and not distant future neither and you will see how much bitcoin and gold increases because when dollar loses value that is what happens.

It is like putting your money into gold but more digital than that, it is scarce in numbers and it is valuable and people are using it. You can't just assume that you can remove bitcoin totally out of humanity from now on, it is already embedded in and it is not going to change at all from now on.

posi

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Quote from: Desscount on June 22, 2020, 12:04:27 PM

Hold Bitcoin for now, I highly recommend,
most likely will go to $ 9700 now, it's already $ 9500, hopefully in the near future

Bitcoin is all weather investment in the crypto market and because the market is currently in green stance does mean the market will clinch the price range you rmentioned, remembered the market was said to be in manipulation realms and once the recently accumulators feel satisfied with their profit the market can dump again.
We have to wait until the halving is effect before we can be sure the trend the market will pose.

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Hold Bitcoin for now, I highly recommend,
most likely will go to $ 9700 now, it's already $ 9500, hopefully in the near future

kotajikikox

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Quote from: eskider on June 05, 2020, 02:31:12 AM

The supply of bitcoin has recently hit a new low for the year, this means there are fewer and fewer people selling bitcoin in the market. Although the demand has not increased significantly, but at least this position is hard to see a big Callback*.* So even if you are not bullish at this position, do not easily bearish, otherwise it is likely to reverse the direction.

At the same time, the sales volume of miners in the past month has also decreased significantly, setting a new low of nearly one year, which is also one of the reasons for the sharp reduction in the supply of Bitcoin. Miners no longer sell bitcoin, the future bitcoin price is more likely to rise. From the historical data, bitcoin prices and bitcoin supplied by miners to the exchange show a negative correlation. In other words, the less bitcoin miners transfer to the exchange, the greater the probability that the currency price will bottom out. On the contrary, the currency price will fall.

Yellow is the miner's deposit, and black is the price of Bitcoin

Therefore, it is recommended to continue to hold bitcoin, stay on the sidelines, and do not easily sell out.

Thanks for the Heads up mate,Yeah i will continue Holding not unless i have emergency that needed to withdraw my Holdings then i will have
no choice but to do it,But as long as i have the Guts and no in real needs?my Holdings will always remember
until 6 digits value reached.

Topic: Continue to Hold your bitcoin (Read 1504 times)