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Topic: HODL or not? BTC investors need to rethink their strategy as - page 2. (Read 232 times)

legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
We've seen a lot of pump and dump movements in the past, and what we are witnessing now is just normal. Personally, when I see Bitcoin dump, it doesn't make me panic; in fact, I appreciate it because I know it will bounce back. The more I see these dips, the more I convince myself that the bull run is imminent.

In my opinion, we have already experienced a bear market with a long correction, and now Bitcoin is ready to achieve its all-time high (ATH).

So, keep HOLDING, as that's the easiest recipe for success
full member
Activity: 785
Merit: 105
Probably many people already know the reason that BTC has gone up in price the last few days, personally I am looking at this as quite normal as we are really still in a rough period in the market but negative news Positive and negative can cause sharp fluctuations in prices. But if thinking a little bit about the events that will move in the future and looking at this stage it is still a wise decision to hold btc, why not the optimistic story of seeing btc pass $100000 but have to be scared forever that btc drops below $20000 so I can buy and hold a better position. I do not calculate too many small risks with big profits, maybe we can easily get caught up in the market story, but strategy and goals always need to be alert enough to make decisions.
sr. member
Activity: 2002
Merit: 250

Of course HODL is a good choice, especially since today's Bitcoin price has reached $30k and is already bullish,
so there is no reason not to hold Bitcoin if you have bought it below $30k,
you can hold it until 2025 if you want to get even up to 10x profit in Bitcoins.
sr. member
Activity: 2828
Merit: 344
win lambo...
I buy, Hold, and Sold - that was my strategy since before and it was profitable. Should I have to change this? I don't think so...
So matter what will happen -FUDs, dumps, and Ups, I keep doing the same because I have nothing to change knowing that this strategy gives me profit already.

Honestly, what makes people become successful in crypto is not only because of the strategies but also how they respond to market changes. It is all about investment management, well part of this are - decision making, strategies, and actions. And it all lies in our hands individually.
jr. member
Activity: 120
Merit: 3
Only fool sells thier btc at lows, that's my strategy
legendary
Activity: 1778
Merit: 1474
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I mean after the unexpected fud that has repeatedly hit the crypto space and forcing the btc price to dump massively, the best and simplest strategy to apply is buy low and sell high (i believe it is also the oldest  Grin)

I find this to be self-evident and I do not understand what has changed in the strategies followed by investors after the recent events that followed the collapse of the FTX stock exchange. Any investor in Bitcoin must be aware from the start that this is one of the most risky investments (in the short term at least) and that the price movement is very volatile.

What is happening with the Binance and Coinbase platforms recently is very healthy and has contributed to raising awareness of the need to deal cautiously with centralized platforms and learn to deal with private wallets.
hero member
Activity: 2408
Merit: 693
SecureShift.io | Crypto-Exchange
I mean after the unexpected fud that has repeatedly hit the crypto space and forcing the btc price to dump massively, the best and simplest strategy to apply is buy low and sell high (i believe it is also the oldest  Grin)
Does it really matter what strategy you apply when your goal is long term? crypto market is one that is highly unpredictable, nobody expected the sec to come out with attack on the 2 biggest exchange in crypto when they did, while you are busy strategizing something unexpected from sec or government is coming to rock your world. Long term players however will always come out victorious.
member
Activity: 335
Merit: 34
Low Fidelity High Potential
I think btc is safe, that is why it's considered better like that, not a lot of people consider the problem as a big deal, if we did then it would have been an issue for a long time. I do not get it, why do people want to risk it and get some small altcoin that has a "potential" that might crash, when bitcoin is great and you could invest and you know what to expect from it.

It's just a strategy if I see it, maybe those who do it have a special assumption that there is a potential profit from the stability of BTC and the growth of certain altcoins. By relying on BTC and allocating a fraction to altcoins, they can mitigate the risks associated with the speculative nature of crypto investments.

It will never be a problem on the long run and we should keep investing into it. I am not saying do not ever invest into alts, but I keep most of my money on bitcoin and only some of my money on alts, that way even if my alts go down, I will be able to make a profit with the bitcoin one and that should be a lot better, it will definitely benefit me a lot.

True, the Market has consistently viewed BTC as a more stable option compared to smaller altcoins with uncertain prospects. This can be seen from the track record and trust of many investors who have strengthened their position as a reliable asset. By contrast, investing in smaller altcoins carries higher risk, as their growth potential is often accompanied by greater volatility and a higher probability of a price crash.

hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
The supply of illiquid BTC has continued to increase in Q2 2023, showing the opposite relationship to the price.
Illiquid?  Huh

BTC's recent pump to 30k caused a dramatic shift in investor sentiment. Bitcoin's sluggish growth over the last month coupled with legal action against the top exchange, has significantly dampened investors' appetite for trading. When FUD hit the market, most long-term investors started taking coins off exchanges to support self-custody.
I am long term and I am sure that the others as well that's long on Bitcoin never kept their BTC's on exchanges.

With these changes taking place, investors may need to reconsider their strategies, considering the extent to which these factors can affect price movements and their profits. Risk evaluation and portfolio management are becoming increasingly important aspects in this dynamic market condition.
You're right on this, there's no other better approach than to hold your own assets and buy when there's the opportunity.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I think btc is safe, that is why it's considered better like that, not a lot of people consider the problem as a big deal, if we did then it would have been an issue for a long time. I do not get it, why do people want to risk it and get some small altcoin that has a "potential" that might crash, when bitcoin is great and you could invest and you know what to expect from it.

It will never be a problem on the long run and we should keep investing into it. I am not saying do not ever invest into alts, but I keep most of my money on bitcoin and only some of my money on alts, that way even if my alts go down, I will be able to make a profit with the bitcoin one and that should be a lot better, it will definitely benefit me a lot.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Market is now focusing into the so many companies even blackrock that has been trying to launch bitcoin ETF. This good for long term caused by bitcoin can be considered as a legal asset too. I trust bitcoin more than anything.
The investors shall change their strategy but going long term with bitcoin is the only best strategy that can be tried by all of them.
The development will always need process as well as the adoption by ordinary people. Bitcoin investors shall not always change their strategy. Just stick with bitcoin for long term is profible for their portfolio.
Since the bitcoin supply is already limited and i don't care so much about the increase of supply of illiquid btc. It may bad for short term but not for long term as the adoption is slowly going up even further.

legendary
Activity: 2492
Merit: 1145
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The supply of illiquid BTC has continued to increase in Q2 2023, showing the opposite relationship to the price. BTC's recent pump to 30k caused a dramatic shift in investor sentiment. Bitcoin's sluggish growth over the last month coupled with legal action against the top exchange, has significantly dampened investors' appetite for trading. When FUD hit the market, most long-term investors started taking coins off exchanges to support self-custody.

With these changes taking place, investors may need to reconsider their strategies, considering the extent to which these factors can affect price movements and their profits. Risk evaluation and portfolio management are becoming increasingly important aspects in this dynamic market condition.
I guess it is the common reaction you will expect from majority of investors when a FUD hit the market. Even me, if I have some assets on an exchange, I will instantly decide to withdraw that and put it into my wallet as a safety precaution of what might happen next. Everyone are just scared that they might be a victim, just like what happened to those who are affected on the FTX scandal before. The volatility is always there and always be, the FUDs like these are just one of the factors that is boosting that volatility.
sr. member
Activity: 1722
Merit: 269

With these changes taking place, investors may need to reconsider their strategies, considering the extent to which these factors can affect price movements and their profits. Risk evaluation and portfolio management are becoming increasingly important aspects in this dynamic market condition.

I would say that there is no general "right" answer, if trading hodling bitcoin is the best strategy for someone. It all depends on the goals that an investor wants to achieve and of course also how much time you have to keep track of the market movements, the rumors and the news and also social Media. If you don't want to invest a lot of time, then buying and hodling is the best strategy in my opinion. If you want maximum possible profits, then you need to trade actively, but then you can also lose money more easily.
sr. member
Activity: 1918
Merit: 370
Either it go up or down. Now make a choice whether to invest right now, having beliefs that the market value would continue increasing, or to wait for things to fall in order to invest more. Eitherway would give you a chance to make profit fron investing into this industry. However you have options to diversify your funds to different tokens in this industry. Investing into one bucket, as we all know, won't be advisable. There are other options to choose from given tgat all tokens has its own potential. Problem is picking the right alternative.
When FUD hit the market, most long-term investors started taking coins off exchanges to support self-custody.
We saw this happened during coinbase and binance SEC drama. People are withdrawing their funds from Binance but we already knew a ploy on the SEC case. Now that instituions lining up for bitcoin etf, who knows how btc will react but this is bullish news for everyone. Though we need to always be careful on the act since this market is so volatile.
Would be hard to determine especially as early as it is in the present. Rejection in $31k may still take place but it also has the tendency to breakthrough especially if buyers would support such market price movement. On my end, I'd choose waiting 'til the ideal market value on my end  shows. There's no need to rush in the first place, so better wait for trend to be more obvious.
legendary
Activity: 3234
Merit: 1613
#1 VIP Crypto Casino
There are other strategies other than ‘HODL or not.’

Most of us like to HODL a certain % of our stash long term & sell some when market conditions are favourable (maybe hold the fiat & buy back at discount in downturns).

Bitcoin is very volatile still, you need to be openminded to act accordingly.
legendary
Activity: 2982
Merit: 1069
When FUD hit the market, most long-term investors started taking coins off exchanges to support self-custody.
We saw this happened during coinbase and binance SEC drama. People are withdrawing their funds from Binance but we already knew a ploy on the SEC case. Now that instituions lining up for bitcoin etf, who knows how btc will react but this is bullish news for everyone. Though we need to always be careful on the act since this market is so volatile.

Bitcoin has a fixed supply of 21million and the large part of 92%+ generated could be liquid and we should consider We were around the bottom for a while now and bitcoin's price has just crossed the 30K mark again. The main strategy for this time is to accumulate during the dips and keep your coins safe. I personally treat cryptos as stocks, there mostly are no dividends but the probability of yield on investment are higher. Anyone buying bitcoin around 20K already have a 50% profit today.
legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
When FUD hit the market, most long-term investors started taking coins off exchanges to support self-custody.
We saw this happened during coinbase and binance SEC drama. People are withdrawing their funds from Binance but we already knew a ploy on the SEC case. Now that instituions lining up for bitcoin etf, who knows how btc will react but this is bullish news for everyone. Though we need to always be careful on the act since this market is so volatile.
full member
Activity: 826
Merit: 104
We who have participated in this market know its strong volatility, and especially the reaction of prices to news, for me personally each person will make their own decision. personal goals when investing. The fact that HOLD has to watch the news makes me quite skeptical about how to approach the market, because it is not in my mind, when the market phase is in a bear cycle, the study of crypto accumulation will be my interest. If you choose, instead of making money in the short term, build a long-term plan to prepare for the next price rally, and of course it will take time, money, health,... The recent price response has made many people turn themselves into machines for the market to control.
member
Activity: 728
Merit: 48
The supply of illiquid BTC has continued to increase in Q2 2023, showing the opposite relationship to the price. BTC's recent pump to 30k caused a dramatic shift in investor sentiment. Bitcoin's sluggish growth over the last month coupled with legal action against the top exchange, has significantly dampened investors' appetite for trading. When FUD hit the market, most long-term investors started taking coins off exchanges to support self-custody.

With these changes taking place, investors may need to reconsider their strategies, considering the extent to which these factors can affect price movements and their profits. Risk evaluation and portfolio management are becoming increasingly important aspects in this dynamic market condition.
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