Don't forget to HODL your BTC | Bitcointalksearch.org

SOKO-DEKE

hero member

Activity: 840

Merit: 570

Quote from: Russlenat on June 04, 2024, 05:52:43 PM

But as a piece of advice, land a stable job first and make good amount of earnings, that way you will be able to succeed on your investment without thinking to sell earlier even if your goal price has not achieved yet.

You have given good advice, and if newbies follow this advice, they will be successful in the crypto industry. Many people we see sell off their Bitcoin investments within a short period. Many are not really willing to sell, but due to conditions that make them sell, they do.what causes many to sell Bitcoin when they are not in profit? It is because they don't have any reliable sources of income. Once someone doesn't have reliable sources of income to always solve some problems that come their way, they will hardly be successful in Bitcoin investment.They will sell their Bitcoin investments to solve those problems. Once someone is doing that without profit, their Bitcoin investment will dwindle, and they will later end up having no Bitcoin in their wallet.so, it is really good to have reliable sources of income before we start investing in Bitcoin or any other coins

RockBell

sr. member

Activity: 952

Merit: 391

Underestimate- nothing

Quote from: Russlenat on June 04, 2024, 05:52:43 PM

If you miss opportunities before and regret it, then don’t do the same mistakes again as you will consistently regret it after. Good thing that you’ve learned your lesson now. After all, bitcoin hasn’t run its vast opportunities, it’s up to you how you will be able to accumulate more bitcoin regardless of its current price. But as a piece of advice, land a stable job first and make good amount of earnings, that way you will be able to succeed on your investment without thinking to sell earlier even if your goal price has not achieved yet.

Many people are lamenting a variety of things, particularly cryptocurrency, because they want to sell when they are supposed to hold it. They lack the patience to sell for profit. And if they make that mistake again, they will not do so since they do not want to repeat it, as people make mistakes in cryptocurrency all the time. As the price of bitcoin decreases, there are more opportunities to learn. The first step is to develop a positive opinion of the cryptocurrency. Because this is what will give you the confidence to invest in Bitcoin without worrying about the price. O don't think accumulating regardless of the price will not work because buy when the price is high is not smart. I will rather buy when the price is down. If you have a good job it will help support you and you can use the earning to address your daily needs and you won't make attempts to sell even when you need money since you are making earnings. Because any attempt that makes you sell their is a possibility you might sell everything.

Issa56

hero member

Activity: 1484

Merit: 928

Quote from: Filippo Spina on June 01, 2024, 07:10:32 AM

Title.

Whales are going to start selling like last cycle.

Don't fall for the trap. Don't sell unless you absolutely have to!

I am not worried about the temporary dumps always happening in the market, no matter how the market dumps, I know it’s temporary. Whenever there is a dump in the market, if I have some money that I won’t be using, then I will be accumulating more rather than panicking and selling. Seriously, newbies are the only ones for whom I think they should panic whenever there is a dump in the market, but people who have been in the crypto space for a long time shouldn’t be disturbed, they should know it’s just temporary.

Quote from: Filippo Spina on June 01, 2024, 07:10:32 AM

Hodl it until fiat becomes less popular than bitcoin.

I don’t even care if bitcoin will make fiat currency less popular, all I want is that bitcoin should be an alternative payment method and shouldn’t be competing with fiat currency. If you want bitcoin to start competing with fiat currency, then there will be a problem because the government will do everything possible to counter any currency that’s going to kill fiat currency because the government is making use of fiat currency.

JusticeSolus

newbie

Activity: 28

Merit: 12

This post is cute. I love the passion.

I'm curious as to the history of the word HODL.

Where did it come from, sir?

Also, what is HODLnaught?

I've seen this before too.

Zanab247

full member

Activity: 1358

Merit: 207

Catalog Websites

Quote from: Dr.Osh

for now, I believe that bitcoin can reach the price of $100k. So, if I had a lot of bitcoin right now, I would keep holding it until that happens. the last time I sold the bitcoins I had, the price went higher, and that made me regret it. Well, I did that after the halving, and was fooled by the continued decline. However, after that, a bull market occurred and bitcoin reached a new ATH. Well, it made me think about not repeating the same mistake.

I guess that is the wish of many hodlers right now for the price to hit $100k before they can trade, which I know it will surely happen before the end of december because the price hit $73k last 3 months, and it hard for the price to dump more than $65k before it will pump higher which is the sign that the price of BTC will going to hit $90k or $100k soon.

That is the best way to accumulate profits when the bull run occur in the market, and you need to continue hodling the BTC till the new ATH show up in the market before you can sell to accumulate profits again.

Now, you have learned your lesson never to sell when the price is still low in the market than to continue hodling, it will help you not to regret again when the bull run start flowing in the market.

Dr.Osh

legendary

Activity: 2758

Merit: 1004

Buzz App - Spin wheel, farm rewards

for now, I believe that bitcoin can reach the price of $100k. So, if I had a lot of bitcoin right now, I would keep holding it until that happens. the last time I sold the bitcoins I had, the price went higher, and that made me regret it. Well, I did that after the halving, and was fooled by the continued decline. However, after that, a bull market occurred and bitcoin reached a new ATH. Well, it made me think about not repeating the same mistake.

Essential10

full member

Activity: 448

Merit: 129

Quote from: Kristiyana on June 06, 2024, 03:10:10 AM

Quote from: Gladitorcomeback on June 05, 2024, 06:39:22 PM

Quote from: Out of mind on June 04, 2024, 11:00:52 PM

I couldn't hold on to my bitcoins that I had accumulated from the beginning and instead sold them due to the small price increase. However, since the price of Bitcoin is currently very high and has the potential to go higher, we plan to hodl on to the Bitcoins we are currently investing in. Although we are currently past the Bitcoin halfway mark and only now waiting for the bull season, very soon we are going to see the bull season and see the Bitcoin price at an all-time high. Since the Bitcoin price is currently very high, investing now should only be held and never sold. I am currently buying and holding some bitcoins in my wallet, of course I don't plan to sell it, but I plan to sell it during the bull season. So I think people who are thinking of buying and selling Bitcoin should hold it, rather it will be better to hodl it till the bull season if not for long.

Whether one should keep holding their Bitcoin or sell it should depend on when they have bought it. If someone had bought their bitcoins during the bear run when the price of Bitcoin was around $16k, I don't find anything wrong in it if they decide to sell a portion of it at this price because we are already above $70k right now and it is not a bad price.

Those who bought their Bitcoin late, maybe after $30k or something, will surely be on the better side if they keep holding because they might be in profit right now but they can have more profit if they hold because the whole market is anticipating the price of Bitcoin going well above $100k this time around, and we still have time for that to happen.

You're right holding bitcoin depends on when you bought it, just like those earlier investors who invest in bitcoin at the earlier stage when the price of bitcoin was around $16k, and they where patient enough to hold on to it till this time that bitcoin price has skyrocket. you can't expect those earlier investors to keep holding their bitcoin when they have gotten a huge profit, they can decide to sell their bitcoin to take profit maybe after selling they can also reinvest.

I think it doesn't matter how much you buy bitcoin, the objective should be that you hold it and sell it when you reach your specific target. Whenever you buy bitcoins, when you go to sell, how satisfied you are with the dividends you are selling is determined by the intention to hold and sell to an investor. Sometimes it depends on your need to sell bitcoin or not, if you need your holding money you will sell and if it is extra money you can meet your need very well without the holding money then you will want to keep more than the specified target.

Kristiyana

member

Activity: 210

Merit: 36

Quote from: Gladitorcomeback on June 05, 2024, 06:39:22 PM

Quote from: Out of mind on June 04, 2024, 11:00:52 PM

I couldn't hold on to my bitcoins that I had accumulated from the beginning and instead sold them due to the small price increase. However, since the price of Bitcoin is currently very high and has the potential to go higher, we plan to hodl on to the Bitcoins we are currently investing in. Although we are currently past the Bitcoin halfway mark and only now waiting for the bull season, very soon we are going to see the bull season and see the Bitcoin price at an all-time high. Since the Bitcoin price is currently very high, investing now should only be held and never sold. I am currently buying and holding some bitcoins in my wallet, of course I don't plan to sell it, but I plan to sell it during the bull season. So I think people who are thinking of buying and selling Bitcoin should hold it, rather it will be better to hodl it till the bull season if not for long.

Whether one should keep holding their Bitcoin or sell it should depend on when they have bought it. If someone had bought their bitcoins during the bear run when the price of Bitcoin was around $16k, I don't find anything wrong in it if they decide to sell a portion of it at this price because we are already above $70k right now and it is not a bad price.

Those who bought their Bitcoin late, maybe after $30k or something, will surely be on the better side if they keep holding because they might be in profit right now but they can have more profit if they hold because the whole market is anticipating the price of Bitcoin going well above $100k this time around, and we still have time for that to happen.

You're right holding bitcoin depends on when you bought it, just like those earlier investors who invest in bitcoin at the earlier stage when the price of bitcoin was around $16k, and they where patient enough to hold on to it till this time that bitcoin price has skyrocket. you can't expect those earlier investors to keep holding their bitcoin when they have gotten a huge profit, they can decide to sell their bitcoin to take profit maybe after selling they can also reinvest.

Gladitorcomeback

hero member

Activity: 812

Merit: 619

Quote from: Out of mind on June 04, 2024, 11:00:52 PM

I couldn't hold on to my bitcoins that I had accumulated from the beginning and instead sold them due to the small price increase. However, since the price of Bitcoin is currently very high and has the potential to go higher, we plan to hodl on to the Bitcoins we are currently investing in. Although we are currently past the Bitcoin halfway mark and only now waiting for the bull season, very soon we are going to see the bull season and see the Bitcoin price at an all-time high. Since the Bitcoin price is currently very high, investing now should only be held and never sold. I am currently buying and holding some bitcoins in my wallet, of course I don't plan to sell it, but I plan to sell it during the bull season. So I think people who are thinking of buying and selling Bitcoin should hold it, rather it will be better to hodl it till the bull season if not for long.

Whether one should keep holding their Bitcoin or sell it should depend on when they have bought it. If someone had bought their bitcoins during the bear run when the price of Bitcoin was around $16k, I don't find anything wrong in it if they decide to sell a portion of it at this price because we are already above $70k right now and it is not a bad price.

Those who bought their Bitcoin late, maybe after $30k or something, will surely be on the better side if they keep holding because they might be in profit right now but they can have more profit if they hold because the whole market is anticipating the price of Bitcoin going well above $100k this time around, and we still have time for that to happen.

Sandra_hakeem

hero member

Activity: 798

Merit: 1045

Goodnight, ohh Leo!!! 🦅

Quote from: Filippo Spina on June 01, 2024, 07:10:32 AM

Don't fall for the trap. Don't sell unless you absolutely have to!

Exactly! There's always gotta be a time to sell proper. Should anyone follow bigger scale investors? Sometimes, Yes! Is it necessary at this point? Not particularly.

Quote from: Russlenat on June 04, 2024, 05:52:43 PM

[...]that way you will be able to succeed on your investment without thinking to sell earlier even if your goal price has not achieved yet.

A job - as a factor of survival isn't reliable! The essence of HODLing is to have a retirement plan.

dezoel

legendary

Activity: 2044

Merit: 1075

Leading Crypto Sports Betting & Casino Platform

Quote from: Antonil on June 03, 2024, 03:32:59 AM

In today's world Bitcoin has gone to such a place that its demand is increasing day by day. People need money to run their lives. The more money the better the life. So if we can hold BTC today, our future generations will be happy.

Today you are holding very little BTC using the DCA method. Don't do it if you are thinking of selling it if the price goes up a bit. Because today it is being held and sold to another holder after a few days. By doing this, your temporary needs will be met but the future will not be bright. So if you don't go to the last stage then keep holding bitcoins

I don't agree with this stuff if you are getting double or triple your money you should sell a small amount and get a profit because I have seen a lot of very deep people. After buying Bitcoin and going to the top, they could not sell because of which they lost a lot of profit, so by hoping and being greedy for too much, a person loses what he has.

A successful trader knows very well that he has to cap buying and cap selling because you can never become a successful trader by just holding and this is the crypto market where there are ups and downs. So it is best that we know where and how much we should benefit from the market. I'm not even saying that holding Bitcoin can be a loss, all I'm saying is that anyone who wins, whether it's Bitcoin or any other coin, must take profits because none of us knows which way the market will turn next.

Roseline492

sr. member

Activity: 462

Merit: 270

Quote from: Filippo Spina on June 01, 2024, 07:10:32 AM

Title.

Whales are going to start selling like last cycle.

Don't fall for the trap. Don't sell unless you absolutely have to!

Bitcoin is freedom. Do not sell your freedom. Hodl it until fiat becomes less popular than bitcoin. Give it to your grandkids if you have to. Do not sell your freedom.

EDIT: Made some changes to calm people down. 🧡

We will always continue holding our Bitcoin because that's the key to our success on investment, actually with the belief i have on Bitcoin I don't think there is something that would make me have a double thought about holding it because I so much believe on the potential, however I noticed that one of the things that normally make people easily sell there investment is because of always watching the price movement of Bitcoin, and sometimes with the volatility of Bitcoin if your mind is not strong you could end up selling all your Bitcoin thinking that the price will keep dropping because that's how most beginners who doesn't really understand the potential got cut off on there investment because of the fear of losing there investment, so the best is just to focus on buying and holding your investment and stop focusing or monitoring the price movement so that you will not get panicked.

Out of mind

sr. member

Activity: 560

Merit: 282

I like to treat everyone as a friend 🔹

I couldn't hold on to my bitcoins that I had accumulated from the beginning and instead sold them due to the small price increase. However, since the price of Bitcoin is currently very high and has the potential to go higher, we plan to hodl on to the Bitcoins we are currently investing in. Although we are currently past the Bitcoin halfway mark and only now waiting for the bull season, very soon we are going to see the bull season and see the Bitcoin price at an all-time high. Since the Bitcoin price is currently very high, investing now should only be held and never sold. I am currently buying and holding some bitcoins in my wallet, of course I don't plan to sell it, but I plan to sell it during the bull season. So I think people who are thinking of buying and selling Bitcoin should hold it, rather it will be better to hodl it till the bull season if not for long.

amihada

full member

Activity: 1176

Merit: 100

Next Generation Web3 Casino

Quote from: GbitG on June 04, 2024, 05:43:55 PM

Quote from: amihada on June 03, 2024, 06:07:28 AM

Sometimes I sell bitcoins because of a sudden need. for those who hold it as an asset, I am very sure they will not sell bitcoin even if the market is declining because they understand that whales play the market and those who hold bitcoin are not easily affected by such situations.

Hmm right!
Giving advice regarding through the HODL! is good, but you will need to understand that HODL Bitcoin should not be done the way you did. The first mistake I noticed was that you invested your casual money instead of your spare money. For long term investment, you should invest the money that is extra from all of your work, i.e., extra money because if you invest your necessary money, then you will have to sell it when needed and in the same way, there is no benefit from the investment. You won't get it. Bitcoin follows the bullish trend in the long term, in the short term you will not be able to get as much profit margins as in a long term investment.

So guys, before investing in Bitcoin, keep two things in mind, first, invest as much as you can afford to lose and second, choose spare money for investing in Bitcoin.

Quote from: bbvaboy on June 03, 2024, 10:27:41 AM

hi i am new where is my newbie gift pack Cheesy

No where!
First, you need to read out all the rules and regulations regarding the forum and then you will understand how a newbie does a post.

Now that you are considered to be a spammer you need to post with respect to the rules of the forum.
Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
Bitcointalk posting etiquette

you don't understand what I'm saying, selling suddenly because you're in bankruptcy, doesn't mean investing your money completely in Bitcoin, but what I mean is when you're down and really falling into economic problems, like it or not, you have to sell BTC because otherwise you have to go And borrow huge amounts, I don't mean invest all my money in BTC,

tottong

hero member

Activity: 1428

Merit: 592

Quote from: Filippo Spina on June 01, 2024, 07:10:32 AM

Don't fall for the trap. Don't sell unless you absolutely have to!

Selling like what you mean, is it related when you need money? If this is the reason then you or anyone else is not a holder because do not have a good financial plan.

Quote

Bitcoin is freedom. Do not sell your freedom. Hodl it until fiat becomes less popular than bitcoin. Give it to your grandkids if you have to. Do not sell your freedom.

No need to overdo it as you can create a selling period every time the ATH comes and buy again after getting maximum profits.
If you hope that fiat will become less popular then you should wait until when, investments talk about profits that can be maximized.
I don't want to spoil your plans, but I'm not sure you are such a holder because without a balance between supply and demand we never know how Bitcoin could be where it is today.

Russlenat

hero member

Activity: 2716

Merit: 904

Quote from: wtsimis on June 02, 2024, 12:18:08 PM

I missed this opportunity. In my life I had many opportunities to buy at low prices. But I got out with profit in short time. If I had HODL, I would have been a gainer today.
However, there are still opportunities to buy Bitcoin. But for that, a fairly good number of assets and dollar cost averaging (DCA) system should be used. Then there will be something better in the future.

If you miss opportunities before and regret it, then don’t do the same mistakes again as you will consistently regret it after. Good thing that you’ve learned your lesson now. After all, bitcoin hasn’t run its vast opportunities, it’s up to you how you will be able to accumulate more bitcoin regardless of its current price. But as a piece of advice, land a stable job first and make good amount of earnings, that way you will be able to succeed on your investment without thinking to sell earlier even if your goal price has not achieved yet.

GbitG

sr. member

Activity: 854

Merit: 364

I ❤️Bitcoin

Quote from: amihada on June 03, 2024, 06:07:28 AM

Sometimes I sell bitcoins because of a sudden need. for those who hold it as an asset, I am very sure they will not sell bitcoin even if the market is declining because they understand that whales play the market and those who hold bitcoin are not easily affected by such situations.

Hmm right!
Giving advice regarding through the HODL! is good, but you will need to understand that HODL Bitcoin should not be done the way you did. The first mistake I noticed was that you invested your casual money instead of your spare money. For long term investment, you should invest the money that is extra from all of your work, i.e., extra money because if you invest your necessary money, then you will have to sell it when needed and in the same way, there is no benefit from the investment. You won't get it. Bitcoin follows the bullish trend in the long term, in the short term you will not be able to get as much profit margins as in a long term investment.

So guys, before investing in Bitcoin, keep two things in mind, first, invest as much as you can afford to lose and second, choose spare money for investing in Bitcoin.

Quote from: bbvaboy on June 03, 2024, 10:27:41 AM

hi i am new where is my newbie gift pack Cheesy

No where!
First, you need to read out all the rules and regulations regarding the forum and then you will understand how a newbie does a post.

Now that you are considered to be a spammer you need to post with respect to the rules of the forum.
Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
Bitcointalk posting etiquette

Baki202

full member

Activity: 490

Merit: 207

Quote from: amihada on June 03, 2024, 06:07:28 AM

Sometimes I sell bitcoins because of a sudden need. for those who hold it as an asset, I am very sure they will not sell bitcoin even if the market is declining because they understand that whales play the market and those who hold bitcoin are not easily affected by such situations.

That is exactly why you need a good a job aside your investment that should cover for your needs because a lot of people have had the same experience of always selling their bitcoin before time. Imagine buying at a very high price and selling at very low price it clearly shows that you are selling at lose and that is a very poor business mentality. And people that engage in this kind of act are people that don’t value their assets because you need to plan against any form of emergency so that you don’t sell any of your bitcoins to address your challenge. Am not really a fan of holding, I prefer trading since I will make profit time to time. And imagine the whales want to sell everything they have it will definitely affect the market. Either holding or trading both comes with their challenges and I feel if you don’t have much money their is now way you can enjoy holding. Because I have one principle when it comes to holding, to me quantity matters a lot, because the quantity I have will show how effective it will show on my profit.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: tread93 on June 03, 2024, 12:14:39 PM

Quote from: Filippo Spina on June 01, 2024, 07:10:32 AM

Title.

Whales are going to start selling like last cycle.

Don't fall for the trap. Don't sell unless you absolutely have to!

Bitcoin is freedom. Do not sell your freedom. Hodl it until fiat becomes less popular than bitcoin. Give it to your grandkids if you have to. Do not sell your freedom.

EDIT: Made some changes to calm people down. 🧡

Amen! HOLD on for dear life and don’t let go. Bitcoin is going to continue to rise given the track record and the prosperous future being laid down before it with all the new adoption. Don’t only hold but try to gain more, find new ways to accumulate more, be creative!

Don’t just focus on hodling but make sure to take profits as well every time the market is giving us opportunity to gain profits. That way, you won’t be obsessed with hodling alone as you are also taking profits and make your bitcoin investment balanced. We are here to take advantage and make significant profits, and not just to consistently hold bitcoin without definite plans of selling some of your coins.

MinoRaiola

legendary

Activity: 2198

Merit: 1663

A quick note or tip: Many people should have heard the news about the Bitcoin ETF from Australia and Thailand and I think that is the reason for todays price push. There is a fund in Wisconsin that has invested in bitcoin and wants to invest more. That is the reason of bitcoin and the ETFs. And if you keep searching the internet for such news, you will find more. Acceptance is increasing and you can feel it in small steps. I think there will be even more examples of this in the future, i mean more big companies the investing in bitcoin ETFs and seeing a long-term chance.

Topic: Don't forget to HODL your BTC (Read 678 times)