I guess, hodlers these days might be affected by the health crisis, but It's always a wise idea If you could actually accumulate at the current Bitcoin price. Some investors may have been very cautious in looking for the bottom, because the price is literally falling again after it reached $6,700.
However, some people might have a problem in justifying on whether they put their money on investment or save some money to survive the pandemic.
Topic: Do Holders actually bought BTC during the crash? (Read 576 times)
It is common right?because Hodlers always looking for this kind of opportunity to add more and more amount whenever there is a dumping happenings as the magic word of"Buy Low Sell High".but of course those true Hodlers and not those faker that pretent to be holding but when market starts to fall fown?they are the first one to sell their Holdings lol.
I think they are stupid, that's all.
Even a simple holder, someone that doesn't have that much Bitcoin will never be selling it that easily. Why would you do that? You are just making it worse. Instead of selling, you could just hold and wait for a good time to sell. If you can reinvest, you can buy again at that price, the fact that the price is at $6K right now means it will never stay that low.
I do understand that but we can't just call them stupid because of that. You do realize that we are in a pandemic right now and losing your investment or not, if you really need that money, then it is up to you whether you sell it or not. It is a loss when you sell it but if you really needed it then go for it, you can't just save that if you don't have money to buy food and other essentials for weeks of quarantine.
And I don't refer to those people.
I don't think those holders or any holders that are affected by the pandemic right now are that stupid to put all their money into investments or cryptocurrencies for example. Obviously, they have money they saved up for emergencies like this and most of them obviously are not depending on the profit they are getting here, they have jobs.
There were people on the Wall Observer thread who were buying hard in the $4000 range. There were also people running around like headless chickens who sold at that moment too. The golden rule is always to do the exact opposite of what your emotions want you to do. Hardly anyone can do that but if you can you're forever ahead of 99% of people.
I was able to get some at
5800
4900
3889
When buying the dip you need to be able to do multiple buys.
Slightly increase your purchase each step of the dip.
say
500 usd worth at 5800
750 usd worth at 4900
1000 usd worth at 3900
and a bottom buy number
like
2250 at 2900 -3100 which did not occur last week
this is 4500 usd cash reserve
maybe 1-2 btc held
also have sell numbers up the way up.
10% of your coins at 10k
10% of your coins at 11k
10% of your coins at 12k
It is a basic ratio of cash to coin with some buying and some selling.
If you don't plan some version like above you never make any profits in good times.
and you never gain coins during bad times.
and you don't have a stable hold position of some of the coins.
Actually not having a variable cash reserve is always stupid. it means you don't belong in the game.
as shit always happens in life.
even shit like this which is big time shit all over, has happened back in 1918-1919 spanish flu was the last true bad pandemic.
It is common right?because Hodlers always looking for this kind of opportunity to add more and more amount whenever there is a dumping happenings as the magic word of"Buy Low Sell High".but of course those true Hodlers and not those faker that pretent to be holding but when market starts to fall fown?they are the first one to sell their Holdings lol.
I think they are stupid, that's all.
Even a simple holder, someone that doesn't have that much Bitcoin will never be selling it that easily. Why would you do that? You are just making it worse. Instead of selling, you could just hold and wait for a good time to sell. If you can reinvest, you can buy again at that price, the fact that the price is at $6K right now means it will never stay that low.
I do understand that but we can't just call them stupid because of that. You do realize that we are in a pandemic right now and losing your investment or not, if you really need that money, then it is up to you whether you sell it or not. It is a loss when you sell it but if you really needed it then go for it, you can't just save that if you don't have money to buy food and other essentials for weeks of quarantine.
Ideally you want to cash out some coins to stable coins when the price has peaked during a short time, and then buy back when there is a crisis. Buffet is very good at this, now he is sitting on billions of dollars that can pick whatever oversold assets at a bargain
The BTCitcoin community is used to this crash as well as the best advantage of opportunities. The chart shows the behavior of Bitcoin that is hopeful we all hope to see a rerun to 10K. Bitcoin is so strong and I had never imagined seeing it collapse like some who panicked.
You actually hoping that the price of Bitcoin will be skyrocketing but somehow many people especially those latecomers will pray that it drops.Then, the chart will be saying is true and I supposed to believe that many people are buying during the bear season as we all (most probably) learn from the previous 2017 crash after being in the bullish. Many are suffering losses at that time and we don't want to happen again.
I’ve bought another 4BTC between $4,000 & $6,000. I had that money in fiat savings earning pitiful interest per year so with the halving very close & the price expected to boom next year I thought it’s close to guaranteed great profit so I decided to move my last fiat into bitcoin.
that only shows that there are still people/hodlers that buy a btc during the crash or not really during the crash but as long as they decided to buy btc they will buy it than they spend the money on something else that isnt really beneficial
. price isnt expceted to boom this year but this year is , because this year is said to have a halving event but halving event price pump expectation seems to be critical due the arrival of covid 19 virus that affects everything includes cryptos
most long time holders of btc can afford not to touch their portfolio even with this current crisis. That means, they can afford to buy more when the price is down, because that is actually good opportunity for them to accumulate more btc. they are just waiting for this moment to happen again. but for most small crypto users, either they need to sell or just hold a lil bit. I don't think many of them can afford to buy more.
A bad market is a good opportunity for holders to accumulate the amount of bitcoin they have. Because when the market crashes in part
people will panic and sell their bitcoin at cheap prices. Here there will be opportunities to buy bitcoin at cheap prices, so don't miss out
the opportunity to be able to buy bitcoin at cheap prices.
- Market collapse can be a great opportunity for holders but I'm not too confident that they will buy too much during this period, they only spend a little, not even invest and wait for the next market movements because this collapse does not allow us to see its bottom, the price could go deeper every day, missing the opportunity can create regrets but sticking to a loss is more frightening. Therefore, my prediction is that the holder only observes during the period of collapse and accumulation when the trend of recovery comes gradually, instead of participating directly in the accident. people will panic and sell their bitcoin at cheap prices. Here there will be opportunities to buy bitcoin at cheap prices, so don't miss out
the opportunity to be able to buy bitcoin at cheap prices.
I’ve bought another 4BTC between $4,000 & $6,000. I had that money in fiat savings earning pitiful interest per year so with the halving very close & the price expected to boom next year I thought it’s close to guaranteed great profit so I decided to move my last fiat into bitcoin.
that only shows that there are still people/hodlers that buy a btc during the crash or not really during the crash but as long as they decided to buy btc they will buy it than they spend the money on something else that isnt really beneficial
. price isnt expceted to boom this year but this year is , because this year is said to have a halving event but halving event price pump expectation seems to be critical due the arrival of covid 19 virus that affects everything includes cryptos
I’ve bought another 4BTC between $4,000 & $6,000. I had that money in fiat savings earning pitiful interest per year so with the halving very close & the price expected to boom next year I thought it’s close to guaranteed great profit so I decided to move my last fiat into bitcoin.
The decision that you made is so risky because you base your decision on the halving. For me there is no always guarantee return and that's what bitcoin makes an risky investment. My decisions are always base on price action so I only buy if there is a trading setup that I know. 
I’ve bought another 4BTC between $4,000 & $6,000. I had that money in fiat savings earning pitiful interest per year so with the halving very close & the price expected to boom next year I thought it’s close to guaranteed great profit so I decided to move my last fiat into bitcoin.
The BTCitcoin community is used to this crash as well as the best advantage of opportunities. The chart shows the behavior of Bitcoin that is hopeful we all hope to see a rerun to 10K. Bitcoin is so strong and I had never imagined seeing it collapse like some who panicked.
Me as hodler not buying anything since new year
That report uses a metric called "Hodler Net Position change". The website from which this is taken needs paid access to actually see it in real-time. Yet, it does give
a link to the post where the concept behind these metrics is explained. Each one of those posts is full of information and nice concepts. (God, there is something new to learn all the time with bticoin). Here is the post that detailed Hodler positon change.
The report has highlighted a small little portion at the end where Hodler sell-off happened, quite clearly attributable to the pandemic scare. Yet, it is indeed beautiful that it immediately turns green as hodlers realized that the panic was due to traditional shortcomings of financial and govt institutions. The usual shit-parade (which is now unusually shitty under Trump in the USA), where the only information available to public is via traditional media channels. I am not saying that COVID-19 isn't to be taken seriously. It is definitely serious and we all need to stay indoors. Yet, you can't help but think that the people at the top are willing to utilize such moments for a quick restructuring of wealth distribution as well as public sentiment.
Hodlers being Hodlers, quickly realize this. The stock market sell-offs lead retail investors to jump ship quickly and sink their savings. Happy to see that BTC didn't go that way. I am pretty sure that most of us here who value this system are actually buying whatever small amounts we can.
a link to the post where the concept behind these metrics is explained. Each one of those posts is full of information and nice concepts. (God, there is something new to learn all the time with bticoin). Here is the post that detailed Hodler positon change.
The report has highlighted a small little portion at the end where Hodler sell-off happened, quite clearly attributable to the pandemic scare. Yet, it is indeed beautiful that it immediately turns green as hodlers realized that the panic was due to traditional shortcomings of financial and govt institutions. The usual shit-parade (which is now unusually shitty under Trump in the USA), where the only information available to public is via traditional media channels. I am not saying that COVID-19 isn't to be taken seriously. It is definitely serious and we all need to stay indoors. Yet, you can't help but think that the people at the top are willing to utilize such moments for a quick restructuring of wealth distribution as well as public sentiment.
Hodlers being Hodlers, quickly realize this. The stock market sell-offs lead retail investors to jump ship quickly and sink their savings. Happy to see that BTC didn't go that way. I am pretty sure that most of us here who value this system are actually buying whatever small amounts we can.
i can't tell that i am a total holder because some times i sell when i find profiting from my Capital though i can stand holding when market is falling.
Nothing wrong in taking profits as long as you are mindful of utilizing those profits to increase your BTC stash too, just like the hodlers do. Just read the description of those metrics. According to reports by Arcane Research, Holders are buying based on their metrics, Hodler Net Position Change.
Pretty obvious though, I mean if you are a long term HODLer, you are waiting for this kind of opportunity to fill in your bags and accumulating. And probably those who have sold-off during the panic has somewhat regret their decision to do so.
Pretty obvious though, I mean if you are a long term HODLer, you are waiting for this kind of opportunity to fill in your bags and accumulating. And probably those who have sold-off during the panic has somewhat regret their decision to do so.
According to reports by Arcane Research, Holders are buying based on their metrics, Hodler Net Position Change.
Pretty obvious though, I mean if you are a long term HODLer, you are waiting for this kind of opportunity to fill in your bags and accumulating. And probably those who have sold-off during the panic has somewhat regret their decision to do so.
Not all the holders would buy at the crash but instead they would simply hold their amounts. Mid range traders might buy more coins at a crash as they might know that the coin would soon recover giving them profits. Pretty obvious though, I mean if you are a long term HODLer, you are waiting for this kind of opportunity to fill in your bags and accumulating. And probably those who have sold-off during the panic has somewhat regret their decision to do so.
Pretty obvious though, I mean if you are a long term HODLer, you are waiting for this kind of opportunity to fill in your bags and accumulating. And probably those who have sold-off during the panic has somewhat regret their decision to do so.
But due to the lockdown their savings or investment in crypto would be affected because they need to buy enough food for their family.
When the price has halved, are you surprised that someone has purchased btc?
No, not all.
Why would we be surprised since we all know that it will not take a long time before Bitcoin will be able to recover? I would be surprised if the price stayed at that price.
It is common right?because Hodlers always looking for this kind of opportunity to add more and more amount whenever there is a dumping happenings as the magic word of"Buy Low Sell High".but of course those true Hodlers and not those faker that pretent to be holding but when market starts to fall fown?they are the first one to sell their Holdings lol.
I think they are stupid, that's all.
Even a simple holder, someone that doesn't have that much Bitcoin will never be selling it that easily. Why would you do that? You are just making it worse. Instead of selling, you could just hold and wait for a good time to sell. If you can reinvest, you can buy again at that price, the fact that the price is at $6K right now means it will never stay that low.
It is common right?because Hodlers always looking for this kind of opportunity to add more and more amount whenever there is a dumping happenings as the magic word of"Buy Low Sell High".but of course those true Hodlers and not those faker that pretent to be holding but when market starts to fall fown?they are the first one to sell their Holdings lol.
It this time that the majority is on their homes watching the markets. It's very essential that many holders will simply buy during the dips. I myself keep on accumulating a little by little as long as it's not affecting my survival budget.
I've got a tight budget but I don't forget to invest more before it finally make its run.
I've got a tight budget but I don't forget to invest more before it finally make its run.
A bad market is a good opportunity for holders to accumulate
I am started to think of adding some btc on mu portfolio, but too bad it is now worth $6k above again, if you buy at the lowest bottom during the one night crash, you already gain almost 50% of the profit since then and increasing as price surge back close to $7k. I am regretting of not buying as I can earned decent profit. But its okay there is always a next time. Lesson learned save some fiat on the rainy season just like the last time btc price drop hard. Fundamentals such as pandemic news will now be a factor as market indicator. So if ever there is a virus incoming you already know what will happened.
Missed it by a few days as well, but I was able to get around that $4.2k range, so it's all good.
I don't know if there is another opportunity such as that in the next coming weeks, I think btc will be stable around the $6k-$7k range already.
@MCobian - yes, others say that it is bad to see the market getting red with -50%-60% tops, but for smart investors, this is what they've been waiting for, so obviously, not only HODLers, but even average joe will immediately bought btc in a flash crash.
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