If you see that bitcoin performance is getting better, it's better to continue to hold the bitcoin that we have. Because I am sure
bitcoin prices will continue to rise until 2021. So don't sell the bitcoins that we have for now. If you have more money can buy
more bitcoin, so the number of bitcoins that we have can continue to grow. Then when bitcoin prices can reach all time high,
we can make a big profit.
Topic: Continue to Hold your bitcoin - page 5. (Read 1504 times)
If you are new to trading and market movements, patterns and being able to anticipate certain changes of directions, simple hodling is the best solution. If you are experienced, have a plan, are certain that you are not gambling but just taking a calculated risk, then go ahead and daytrade.
Holding of Bitcoin can't be over emphasize when it come to long-term hold for rewards. Am a holder and proud to be one among thousands who got rewarded from holding back in 2017, this has thought me a bigger lesson which am now living with, there's nothing good or rewarding like holding Bitcoin on a long-term. We can make good profits with just a little hold.
In that future days that you've said, I think bitcoin will become more popular that time. For me, I somehow still see the shortest of supply but not that much to become more noticeable in the market. There are people who are focusing on holding their bitcoin and wait for the right time.
Thanks to signature campaigns, I get to save bits of Bitcoins every week
We cannot say anything before the current situation. The cryptocurrency market has not really grown as strong as before. Bitcoin trading is not as strong as it used to be. So do you keep your bitcoins? For me, I just need to make a profit and sell it now This also affects bounty campaigns on bitcoin forums.
This is perfectly correlating with bitcoin emission. After 2 halving inflation in very low point, miners dont have coins to sell
The increase in demand is yet to come. It's too early to assume that the demand is increasing because the halving just came in. But in the long run, we'll see that the demand will increase. Each year that's coming to bitcoin will make it harder to own 1.
Well as you can see on the bitcoin graph, the demand increased when the halving took place. That demand growth is obvious in the first look, and to consider the massive speculation for the halving 2020 it is expected to be that way, the only thing we expected but did not come is the price speculation, literally the bitcoin stays at the range that I though it would be impressively it reached the $10K mark in the month of May, then just days ago of this month. We still can't see the shortage of the supply since the demand is low, but in the future days we might able to see that. That's right, this short period of time is not enough to conclude if the bitcoin's price is already stable on that price. The graph really helped is to become more aware and make strategies that are effective in the market situation. The halving really make people panic about the supply of bitcoin and they don't know what to do.
In that future days that you've said, I think bitcoin will become more popular that time. For me, I somehow still see the shortest of supply but not that much to become more noticeable in the market. There are people who are focusing on holding their bitcoin and wait for the right time.
In my view point it's better to buy and hold for long term. What ever you have told is right no one are selling bitcoin because we know the past bitcoin price gain more after bitcoin halving so keep watching how bitcoin price will rise this time.
This is exactly what has been projected to happen long time even before the last month halving but I believe the steady rate of the decline of the trading volume has been quiet noticeable ever since the price of the bitcoin suddenly jump back from 10k to 9.5k plus. I believe traders are waiting to see the next big move of bitcoin. While I will not discourage people from holding but we also know that crypto market have always been use as pawn by the whale who sometime crash the market.
I don't think that price suddenly pulled back from 10000$ to 9500$. If yuu ask me that was expected. Price pumped rather fast to 10000$ but it was obvious that it can't stay there and that was only short term jump.
However, holding at least a part of coins is always a good idea and sooner or later price will cross 10000$ and grow even further, we just need to be patient enough.
This is difficult to predict with yesterday returning to $ 10,000 and now returning to $ 9,600 This is really like there is control behind that price because in the near future the price is dropped again and indeed at this time the traders and investors are not strong enough to hold their coins so can let go when the coins are pumped up or down, I don't think this will last long because the pumping is really not going to happen right now maybe the popes are planning another for a real rally.
Continue to hold when you have a huge capital in your wallet that you invest in bitcoin but for some small time investors i think they need to roll out there money hoping that it will make some profit even slowly. By just holding your bitcoin will make you a low risk investor but you also mis some profit when you do trading.
Some of the people who bought a lot of bitcoin when the market price falls into over 3k dollars get already a profit and it is just basically easy on them to make a pull out their funds. But today the people who bought bitcoin at the range of 8k dollars up to 8k dollars they don't have enough profit so I think this is the reason why they hold. Some of the users too bought a bitcoin price at the dip of the bitcoin but some of them have a problem because the market price of the coin falls down so they need to hold a long time which is not more convenient because they need to take a long way again before they got their funds instead of getting another investment and get a market income.
After a new decline to the market price of the bitcoin for over 10k dollars there is a chance too because of the halving to increase the price again for another 3k dollar but still, we need to have a preparation because in some instance the halving is coming too so we could prepare to make another bullish market.
Holding could be matter in some market consideration. May selling it is a way to save your ass from losing but it doesn't mean that holding will also in the same result. The declining sentiment that we have after we surpass $10k isn't a weird case scenario. I know that most of us are expecting that thing to happen in the market. Do we need to think bad about this and start to sell our Bitcoin just to save our money? Not really and that because we know that the market will turn back high in the coming days and that holding will seems to be a good idea. And I definitely do the hold.
After a new decline to the market price of the bitcoin for over 10k dollars there is a chance too because of the halving to increase the price again for another 3k dollar but still, we need to have a preparation because in some instance the halving is coming too so we could prepare to make another bullish market.
Holding could be matter in some market consideration. May selling it is a way to save your ass from losing but it doesn't mean that holding will also in the same result. The declining sentiment that we have after we surpass $10k isn't a weird case scenario. I know that most of us are expecting that thing to happen in the market. Do we need to think bad about this and start to sell our Bitcoin just to save our money? Not really and that because we know that the market will turn back high in the coming days and that holding will seems to be a good idea. And I definitely do the hold.
The increase in demand is yet to come. It's too early to assume that the demand is increasing because the halving just came in. But in the long run, we'll see that the demand will increase. Each year that's coming to bitcoin will make it harder to own 1.
Well as you can see on the bitcoin graph, the demand increased when the halving took place. That demand growth is obvious in the first look, and to consider the massive speculation for the halving 2020 it is expected to be that way, the only thing we expected but did not come is the price speculation, literally the bitcoin stays at the range that I though it would be impressively it reached the $10K mark in the month of May, then just days ago of this month. We still can't see the shortage of the supply since the demand is low, but in the future days we might able to see that. Some are scared because of the potential that many miners will shut their equipment but if it happens, there will still be some of them that will continue to mine. I'm long and hopefully, others will hold too until you can.
Only those miners who carry low-end equipment who does not want to upgrade because of an expense is the one who will be saying goodbye. 
This is exactly what has been projected to happen long time even before the last month halving but I believe the steady rate of the decline of the trading volume has been quiet noticeable ever since the price of the bitcoin suddenly jump back from 10k to 9.5k plus. I believe traders are waiting to see the next big move of bitcoin. While I will not discourage people from holding but we also know that crypto market have always been use as pawn by the whale who sometime crash the market.
I don't think that price suddenly pulled back from 10000$ to 9500$. If yuu ask me that was expected. Price pumped rather fast to 10000$ but it was obvious that it can't stay there and that was only short term jump.
However, holding at least a part of coins is always a good idea and sooner or later price will cross 10000$ and grow even further, we just need to be patient enough.
This is exactly what has been projected to happen long time even before the last month halving but I believe the steady rate of the decline of the trading volume has been quiet noticeable ever since the price of the bitcoin suddenly jump back from 10k to 9.5k plus. I believe traders are waiting to see the next big move of bitcoin. While I will not discourage people from holding but we also know that crypto market have always been use as pawn by the whale who sometime crash the market.
Im holding my bitcoin for few years already though I take profit at times if there's an opportunity to do so.
Since bitcoin is unpredicted we are aware that the price can drop or increase drastically, thats the nature of crypto.
So if you're willing to take the risk of holding despite of the negative price speculation then continue what you're doing and believe that the price will reach your target value.
Since bitcoin is unpredicted we are aware that the price can drop or increase drastically, thats the nature of crypto.
So if you're willing to take the risk of holding despite of the negative price speculation then continue what you're doing and believe that the price will reach your target value.
Buying at a high price when the price of $19k is a very bad decision. This is due to the FOMO that continues to occur as long as Bitcoin reaches a price of $20k, many are trapped between these prices.
This market is a risky environment and every investor is aware of it. However, this doesn't necessarily mean that investing during BTC's ATH period is a bad move since it could reach a new ATH in the long term as long as the investors HODLED successfully until that point.Think about it. BTC was valued at a few cents back in 2009. Now, it is worth thousands. The same thing can repeat in the future though no one can know for sure.
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.
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 advice mate but yeah,I will still hold my Bitcoin and willing to wait for another year because i know that this year wont be as better as what 2017 give,also there are chances that Bitcoin will subside again for the next months of this year like what is happening this past months.
I am sure many of us still hold bitcoin from a long time ago because we want to sell bitcoin at the highest price. But if we only hold it without use to trade, I think we can not increase the amount from trading because, with trading, we will have a chance to make a profit in bitcoin or usdt which we can use to buy more bitcoin when the price is down. But if you only want to hold your bitcoin without trading, then that will be no problem since we have a different strategy on how to make a profit from bitcoin.
Actually there are some of us who sold their Bitcoin even if not in the highest Value for a chance of buying altcoin because this past months some altcoins make growth in silence and overtaking the percentage bitcoin climbed.
I am sure many of us still hold bitcoin from a long time ago because we want to sell bitcoin at the highest price. But if we only hold it without use to trade, I think we can not increase the amount from trading because, with trading, we will have a chance to make a profit in bitcoin or usdt which we can use to buy more bitcoin when the price is down. But if you only want to hold your bitcoin without trading, then that will be no problem since we have a different strategy on how to make a profit from bitcoin.
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Another one, buying bitcoin depends upon our entry point. Imagine those people who bought at 19K dollars, even they hold it till now they won't even get their 25% of their capital. That's why technical analysis is important.
Buying at a high price when the price of $19k is a very bad decision. This is due to the FOMO that continues to occur as long as Bitcoin reaches a price of $20k, many are trapped between these prices. If someone trapped in the price of $19k - $20k still survives until now, of course they believe that bitcoin will exceed the price of $20k someday. Another one, buying bitcoin depends upon our entry point. Imagine those people who bought at 19K dollars, even they hold it till now they won't even get their 25% of their capital. That's why technical analysis is important.
But the fact is that most of the trapped among high prices are ordinary people or beginners who are new to bitcoin, when they dump prices and panic and start selling them cheaply.
Technical analysis is the main requirement in order to be able to read the movements of bitcoin, but the analysis must also be supported by Fundamental which will certainly affect the price of bitcoin because of the various news that made fishing the price of bitcoin to go up and down.
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