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Topic: HODL HODL HODL...AND BUY MORE - page 6. (Read 1076 times)

sr. member
Activity: 1232
Merit: 266
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March 16, 2020, 01:35:04 PM
#45
It seems that the creator of this thread was quite wrong. I hope that no one listened to his advice and did not buy it that day (March 9). This is a very good example of what you cannot do on the cryptocurrency market. This market is very volatile and really everything can happen. We are now observing big falls and this is probably not the end.
If someone is interested in a long-term investment, this moment may not be a bad to buy, but if you want to buy for a short period, then it's better to wait for the price to stabilize.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
March 16, 2020, 12:59:54 PM
#44
People are getting upset over the price, I suggest to buy more coins at this moment when the price increases gradually you can earn a lot. Worrying is not the solution nor the panic sell, just understand the market situation and plan accordingly.

This dump is nothing new in the crypto history also the price will increase once the market will get rid of these panic sellers, Just hodl and don't be impatient things will be okay very soon.
The dump in the price we are seeing was inevitable, even without the corona virus the price was bound to go down since the growth we experimented from the beginning of this year was suspect, but now that there is a crisis with the virus and the economies of the world are suffering most likely the price of bitcoin could go down even more and when that happens you need to get all the bitcoin that you can, since I doubt we will ever see such low prices again.
full member
Activity: 574
Merit: 108
March 15, 2020, 04:09:37 AM
#43
As the price of Bitcoin continues to drop rapidly, this could only mean a chance for other people to invest in it before it pumps later this year. I am sure the price of Bitcoin will go up because of its supply that would decrease gradually after the halving. Even though the price of Bitcoin in the present is down, people should not panick but instead, buy more and invest big in the coin.

sr. member
Activity: 1512
Merit: 316
March 15, 2020, 03:34:33 AM
#42
This post was like a week ago, prior to the covid-19 scare and yet people that time are really shouting HODL, unfortunately, people didn't listen to the call, Lol, as the price plummet into $3900. So I guess when our backs is on the wall and really afraid of global recession and pandemic, our judgement is clouded and will just dump our precious bitcoin. I do hope that the selling pressure is over for now and time to get up and scoop cheap bitcoins.

Those who went into panic mode and would have sold in 4k range would have made heavy losses because it was only a mater of time that prices had jumped again and were trading at 5500$. And surely people would have missed this rally and end up in a loss. Those who hold it gained the most in such cases and also people who had bought tat those levels are already in profits and would continue to make if they hold their coins for coming times.
full member
Activity: 2324
Merit: 175
March 15, 2020, 02:43:07 AM
#41
This post was like a week ago, prior to the covid-19 scare and yet people that time are really shouting HODL, unfortunately, people didn't listen to the call, Lol, as the price plummet into $3900. So I guess when our backs is on the wall and really afraid of global recession and pandemic, our judgement is clouded and will just dump our precious bitcoin. I do hope that the selling pressure is over for now and time to get up and scoop cheap bitcoins.

That's true it's like a domino effect, people are in a hurry to dump their shares, even at a loss and this is very bad news it just means that people are not totally believe that Bitcoin will not burst, so this is just the scenario that can make the market crash, but we are all hoping for a recovery period and I hope it's happening now even though it's still going down.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
March 14, 2020, 11:36:52 PM
#40
Some people just cannot hold in the situation we are living right now. A lot of people I know have invested all their savings in BTC a few months ago and today they're out of cash, but they need it to prepare for a potential pandemic. I have personally taken a few days off the forum and the internet itself, because I want to focus on preparing for a possibly really bad situation. Investors have a lot of reasons to sell right now. I fortunately do not rely on Bitcoin 100%, which means I can still live without selling a single satoshi even if the price dumps to $100.

I am now trying to get back into the habits I used to have a few weeks ago. The virus outbreak made me move and add some other stuff to the top of my list of priorities.

Don't worry, times will come when Bitcoin will grow back up. It's very understandable that a ton of people sell for various reasons.

We have been hearing this word ever since 2017 bull run to HODL and HOLD. In last 3 years bitcoin never looked to be strong enough to break the resistances and go close to its all time high. We have been hearing that bitcoin will be 30,000$, 50,000$ or even 100,000$ but practically this does not seems possible. Bears are in full control and everything bitcoin make any good momentum, it is dumped hard. Even the golden cross will not had any effect on bitcoins prices. People are losing hope and trust on bitcoins.
hero member
Activity: 2660
Merit: 551
March 14, 2020, 11:25:04 PM
#39
This post was like a week ago, prior to the covid-19 scare and yet people that time are really shouting HODL, unfortunately, people didn't listen to the call, Lol, as the price plummet into $3900. So I guess when our backs is on the wall and really afraid of global recession and pandemic, our judgement is clouded and will just dump our precious bitcoin. I do hope that the selling pressure is over for now and time to get up and scoop cheap bitcoins.
hero member
Activity: 2604
Merit: 816
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March 14, 2020, 11:21:06 PM
#38
We still get a discount price of bitcoin, and I am sure that many people use this moment to buy more bitcoin with their money. No one will know what will happen with bitcoin after this, but if we can buy bitcoin right now, and in the next hour bitcoin price increase, you will have a chance to make a profit after you got a loss in a few days ago. Bitcoin price is still struggling to increase the price, and although yesterday we almost touch $6,000, the price does not break that barrier, but it goes down again this day. But soon, I am sure that bitcoin price will be back to the higher price, and for people who already buy bitcoin at the price today will have the moment to enjoy their profit.
sr. member
Activity: 1400
Merit: 259
March 14, 2020, 09:38:10 PM
#37
I thought scarcity of alcohols and Hand sanitizer.  Grin

Yeah, I would rather be at the same page.
We can see a drop in price but this will not take long.
It would be better to just use this as an opportunity to buy rather than being pessimistic and sell it all. It will be a dumb idea to do that.

Obviously that's what the smart investors are doing now, bitcoin took a hit today also, not only stocks, in fact bitcoin dropped below $6000 today.

Now, we can say this is really due to the corona virus.
https://cointelegraph.com/news/breaking-bitcoin-crashes-17-in-1-hour-below-6k-in-coronavirus-panic

people panic buying supplies but they are selling stocks, bad for the economy but I also believe things will be back to normal.

Yeah, it will be back.
Soon they will find out that is just another virus which is just like a fever.
There are more viruses in the past that are really serious like SARS, etc.

I am just really curious into when they will distribute the cure.
There should always be an antidote for every poison. I do think they have it but just don't want to share it yet.
They are still in the test mode if it will kill more people.

But soon they will all get out of their bunkers and buy that stock back. Luckily with crypto currencies it will be cheaper.
hero member
Activity: 2814
Merit: 576
March 12, 2020, 06:24:25 AM
#36
I thought scarcity of alcohols and Hand sanitizer.  Grin

Yeah, I would rather be at the same page.
We can see a drop in price but this will not take long.
It would be better to just use this as an opportunity to buy rather than being pessimistic and sell it all. It will be a dumb idea to do that.

Obviously that's what the smart investors are doing now, bitcoin took a hit today also, not only stocks, in fact bitcoin dropped below $6000 today.

Now, we can say this is really due to the corona virus.
https://cointelegraph.com/news/breaking-bitcoin-crashes-17-in-1-hour-below-6k-in-coronavirus-panic

people panic buying supplies but they are selling stocks, bad for the economy but I also believe things will be back to normal.
sr. member
Activity: 1400
Merit: 259
March 12, 2020, 05:18:59 AM
#35
I thought scarcity of alcohols and Hand sanitizer.  Grin

Yeah, I would rather be at the same page.
We can see a drop in price but this will not take long.
It would be better to just use this as an opportunity to buy rather than being pessimistic and sell it all. It will be a dumb idea to do that.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
March 12, 2020, 02:04:03 AM
#34
People are getting upset over the price, I suggest to buy more coins at this moment when the price increases gradually you can earn a lot. Worrying is not the solution nor the panic sell, just understand the market situation and plan accordingly.

This dump is nothing new in the crypto history also the price will increase once the market will get rid of these panic sellers, Just hodl and don't be impatient things will be okay very soon.

   "Just understand the market situation" and please explain me how to understand it? Like market is dropping and we should sell and cut
loses, or to buy and hope for the best?
   Many people here talks same as you, understand this, understand that, do this and that, but nobody tells what exactly!

understand market conditions, such as understanding why prices may fall, why prices haven't gone up, and so on. to know that, you need to be aware of the information available. however, the current price drop most people say is due to the effects of the coronavirus. it's just that I think that is one of the reasons. however, you need to think that prices can go up and down quickly, because of that, you don't need to panic to sell your assets, because this is common.
however, many people have predicted that bitcoin prices will go down, other than that there are predictions that prices will go up after that. however, halving is the moment awaited to see the price of a bitcoin pump, therefore people always stress to hold assets, and understand the current market situation. on the other hand, there are several issues regarding the price deliberately lowered so as to cause a panic sell and become an opportunity for investors to buy a lot of bitcoin.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
March 11, 2020, 02:36:39 PM
#33
People are getting upset over the price, I suggest to buy more coins at this moment when the price increases gradually you can earn a lot. Worrying is not the solution nor the panic sell, just understand the market situation and plan accordingly.

This dump is nothing new in the crypto history also the price will increase once the market will get rid of these panic sellers, Just hodl and don't be impatient things will be okay very soon.

   "Just understand the market situation" and please explain me how to understand it? Like market is dropping and we should sell and cut
loses, or to buy and hope for the best?
   Many people here talks same as you, understand this, understand that, do this and that, but nobody tells what exactly!
hero member
Activity: 1652
Merit: 569
Catalog Websites
March 11, 2020, 01:47:36 PM
#32
People are getting upset over the price, I suggest to buy more coins at this moment when the price increases gradually you can earn a lot. Worrying is not the solution nor the panic sell, just understand the market situation and plan accordingly.

This dump is nothing new in the crypto history also the price will increase once the market will get rid of these panic sellers, Just hodl and don't be impatient things will be okay very soon.
full member
Activity: 1638
Merit: 122
March 11, 2020, 01:39:53 PM
#31
wait till the supply really gets scarce and essentially every coin has been mined...people are going to go ape shit...scarity like the movie "the road", with a strange family and a basement full of people alive with their limbs cut off...begging to be let out...lets hope it doesn't get that bad

lol . i find it funny when you use a scene on the movie just to visualize if what people are be doing when the said scarcity for btc happens  but that is too exage bro  . you know btc isnt the only crypto on here or isnt the only asset that is profitable .  however i agree that we must be buying now and keep on hodling because that is the best policy if you are a solid cryptoer   .  price are cheap and verry recomendable to buy now because the value is in a stable side  . this give a window for people to not panic sell when buying 
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
March 11, 2020, 11:57:09 AM
#30
With whales robbing small investors, it will be difficult to convince people to buy, OP.

Nobody is getting robbed. Impatient BTC investors are giving their money away to patient investors. In a nutshell that's how all markets work. Retail investors get fleeced because they greedily buy tops and panic sell bottoms instead of buying and holding.

Most people can't trade markets profitably. When it comes to strong investments like BTC, they should stick to DCA and just HODL for the long term.
I agree with this, if someone is getting tired of losing money to the whales how about trying to do something different for a change? Investors need to begin to be honest about their skills, if you are no good at trading the markets and you have lost money for years then try something different, buying and holding bitcoin has been a profitable strategy for a long time, and even if we do not expect 100x profits from bitcoin, profits of 10x during the next decade are completely possible and it could be life changing if you invest enough money in bitcoin right now.
full member
Activity: 1330
Merit: 147
March 11, 2020, 10:32:04 AM
#29
I noticed that is not only bitcoin who meet a huge decrease in price but there are a lot of investment instrument who decreasing in price as well. We know oil price has been decreasing and some of stock market have been decreasing as well. So, there is no worry about it, bitcoin still still in a good trend. As you may know if you see some news that appear who stated that bitcoin hash rate has been touching new all time high, which I think the miners have considered that bitcoin price will goes up later, we have to remember with halving event. It may give a good affect for bitcoin price.
legendary
Activity: 1652
Merit: 1265
March 11, 2020, 09:10:34 AM
#28
Don't miss out...i swear anything under 8000 is a straight up steal...

It seems very bearish. I am wondering to sell.. I hope you are right. I bought near the price of 10000$. Angry

Just HODL....  Cool
legendary
Activity: 2716
Merit: 1855
Rollbit.com | #1 Solana Casino
March 11, 2020, 07:55:35 AM
#27
At the moment the bitcoin situation is bearish and after reaching the price $ 7.8k, there may be some bounce prices or prices could be even lower.
Buying gradually can be an option if you have a reserve of money that you have prepared.
Bitcoin will be halving in the coming May, and maybe this will be the peak of the increase in BTC if the market conditions also support.
Buying and continuing to buy without proper preparation and management will have an adverse effect. Perform Hodl with targets that have been targeted and remain consistent with these goals.
STT
legendary
Activity: 4102
Merit: 1454
March 10, 2020, 04:11:45 PM
#26
Its not unreasonable to speculate on a recent low as being most of the move played out for now.     Since the wider market is also having a bit of a relief rally I think its a reasonable proposition to look for a switch in stance.



I'll go ahead and make a guess at 8000 for a level to achieve and confirm above to show strength with 7700 the negative trend in play since we left the 2020 uptrend.


Quote
all their savings in BTC

Stay diversified and pay the bills a year ahead is good practise.   To have all value in one thing would always be a mistake, extreme speculation is best done by registered companies who can write off their losses vs taxes.
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