I don't see some post and news as far as i understand many here understand or basically know how the bitcoin price goes, most people where to say it was on a caused of the Luna which led to a strong dip others speculated it to be $13k why others said of being dead. How can it move from top to bottom and specifically it's not possible. Keep in mind in every dip a new chances and opportunities have been given to create out for people do fill their bags and utilized the common opportunity given.
Topic: Hold your bag when you can - page 2. (Read 1130 times)
Bitcoin is just the best kind of money there is.
It's a great way of saving money. I don't think it's a good thing to follow the price of it every day. It's for the long term. Just buy as much as you can comfortably have and never look back.
Satoshi had the plan of removing the intermediary through his blockchain innovation. Further the usage have widened and now it is playing a big role against inflation. When the focus is on profit, surely bitcoin is the right pick. As suggested never take into consideration about the market trend, just go on the flow. Whenever you find the price to be down and have long term plans. It's a great way of saving money. I don't think it's a good thing to follow the price of it every day. It's for the long term. Just buy as much as you can comfortably have and never look back.
Bitcoin is just the best kind of money there is.
It's a great way of saving money. I don't think it's a good thing to follow the price of it every day. It's for the long term. Just buy as much as you can comfortably have and never look back.
It's a great way of saving money. I don't think it's a good thing to follow the price of it every day. It's for the long term. Just buy as much as you can comfortably have and never look back.
The FUD is designed to shake weak hands and relieve them of their coin. When the weak hands can no longer hodl, it presents a great opportunity for opportunist, late comers, as well as the savvy sat stacker. Sell at your own peril.
I learned a lot during 2018 and 2019 when bitcoin dropped prices heavily. I gave up and sold most of my bitcoins even if my bitcoin old-timer friends kept telling me to HODL. I think some of them owned bitcoins as early as 2011 and they already experienced huge swings throughout the years and always told me and my friends that they'd seen worse. I think it was the year 2017 the same year when I started purchasing some bitcoin portions, one of our mentors an ex-NEM foundation officer mentioned that if someone cannot hold bitcoin at its worse price it does not deserve to enjoy bitcoin's highest prices. I ignored all of them and sold most of my holding although I did retain a little.
So now I realized that experience is really the best way to learn. It's very different when you are in the situation. I learned the hard way. Now I will never sell my bitcoins unless it is super necessay.
So now I realized that experience is really the best way to learn. It's very different when you are in the situation. I learned the hard way. Now I will never sell my bitcoins unless it is super necessay.
I have not sold any of my crypto during the bear market. My strategy for my cryptocurrency investments has always remained consistent; I always intended to hold long and not be swayed if any crashes happened.
The reality is if I had extra fiat lying around I would actually consider picking up more coins cheap.
Personally, I have seen the global markets crash several times before in my lifetime. I am very confident that the economy will be back on track eventually. I certainly have no desire to sell any of my coins now.
The reality is if I had extra fiat lying around I would actually consider picking up more coins cheap.
Personally, I have seen the global markets crash several times before in my lifetime. I am very confident that the economy will be back on track eventually. I certainly have no desire to sell any of my coins now.
Those who have experienced a crash in the past will find this drop entirely normal, with nothing to be concerned about. Even if we compare the recent drop it is still not equal to the previous ones and if history repeats we will have several more drops, and possibly a new bottom. There is no doubt that the world economy is a major market that covers all and also has ups and downs, but it cannot stay down forever. The market will surely recover, we just hold on and wait until the time comes.
HOLD if you can, and SELL if you are not willing to wait.
Actually, I don't urge people to hold as it was just an option and of course, I don't influence their decision but to have their own as at the end of the day, they are the ones to decide.
Holding is gonna be hard for those who are doubtful and likely just quit doing it.
But, as we aim high and carry a positive mindset, no way it becomes impossible.
Actually, I don't urge people to hold as it was just an option and of course, I don't influence their decision but to have their own as at the end of the day, they are the ones to decide.
Holding is gonna be hard for those who are doubtful and likely just quit doing it.
But, as we aim high and carry a positive mindset, no way it becomes impossible.
If you badly need the money and don’t have any other options, then only sell my friend.
As you have showed trust on Bitcoins for more than 5 months, let’s show trust for more 3 months. Once the bear market comes to an end, everything will be back to normal. Still it’s the OP’s decision regarding what he wants do, but as we suggested, if he managed to hold this bear market, then definitely he will make thrice profits by selling the Bitcoins.
We just need to make our will power strong and have patience. Everything will be fine.
For bitcoins I keep collecting them. and continued to hold it quietly.
natural for people who are just getting into cryptocurrencies especially bitcoin. they panic easily. and they too live up to every fud news that is deliberately made by some parties to play with market prices. because it needs to be known that there are people who deliberately spread fud news to lower prices and it turns out that he entered when people panicked out. and after he bought from the bottom, then he spread the good news and re-increase people's trust so that many people dared to enter at high prices and were afraid to enter at low prices. and many beginners are ensnared and controlled by it.
but for those who have been in the crypto world for a long time, especially bitcoin. then they are used to fud news. even experienced people make everything a profitable opportunity.
so keep calm and enjoy this moment.
natural for people who are just getting into cryptocurrencies especially bitcoin. they panic easily. and they too live up to every fud news that is deliberately made by some parties to play with market prices. because it needs to be known that there are people who deliberately spread fud news to lower prices and it turns out that he entered when people panicked out. and after he bought from the bottom, then he spread the good news and re-increase people's trust so that many people dared to enter at high prices and were afraid to enter at low prices. and many beginners are ensnared and controlled by it.
but for those who have been in the crypto world for a long time, especially bitcoin. then they are used to fud news. even experienced people make everything a profitable opportunity.
so keep calm and enjoy this moment.
Cryptocurrencies are considered a risky investment and that includes bitcoin. Bitcoin is still very young, although we believe and the rate of development and price increase of bitcoin in the future is great, we cannot completely rule out the possibility that it will collapse or disappear for some reason some. As we said, no one can predict what bitcoin will look like tomorrow. So you should only invest with the money you can afford to lose, do not pledge or sell all your assets to invest in bitcoin.
Not only crypto, but most investments are also risky. No investment has no risk, it is impossible.Anyway, I disagree that Bitcoin is very young, it already survived more than 10 years. Bitcoin has proven that it potentially survive a long time because its adoption is growing massively. Sure, nothing lasts forever, Bitcoin has a chance to collapse. But since Bitcoin is already an important part of our life, and even there is a country that makes it as a legal tender, we shouldn't be too worried about the possibility of Bitcoin collapse in the near future.
10 years is not a short period of time, but if you compare bitcoin with other markets like gold, forex, stocks, bitcoin is not only young but also very small compared to the rest. That is why bitcoin is considered a riskier market.
Yes, with pretty fast development as it is now, I also believe bitcoin will not crash anytime soon but there is no guarantee for bitcoin. So we have the right to confidently invest in bitcoin but always keep yourself a plan b, don't invest all your assets in bitcoin or put all your eggs in one basket, diversification is essential.
Investment decisions and being serious on having multiple market and assets to be hold for long term wouldnt matter whether its bitcoin or other stocks or even gold as long it could potentially bring up
profits then this is what matter the most.Hold your bag while you can and decide when to sell out if you do see significant profits which is worth to make such decision.
I have not sold any of my crypto during the bear market. My strategy for my cryptocurrency investments has always remained consistent; I always intended to hold long and not be swayed if any crashes happened.
The reality is if I had extra fiat lying around I would actually consider picking up more coins cheap.
Personally, I have seen the global markets crash several times before in my lifetime. I am very confident that the economy will be back on track eventually. I certainly have no desire to sell any of my coins now.
The reality is if I had extra fiat lying around I would actually consider picking up more coins cheap.
Personally, I have seen the global markets crash several times before in my lifetime. I am very confident that the economy will be back on track eventually. I certainly have no desire to sell any of my coins now.
Cryptocurrencies are considered a risky investment and that includes bitcoin. Bitcoin is still very young, although we believe and the rate of development and price increase of bitcoin in the future is great, we cannot completely rule out the possibility that it will collapse or disappear for some reason some. As we said, no one can predict what bitcoin will look like tomorrow. So you should only invest with the money you can afford to lose, do not pledge or sell all your assets to invest in bitcoin.
Not only crypto, but most investments are also risky. No investment has no risk, it is impossible.Anyway, I disagree that Bitcoin is very young, it already survived more than 10 years. Bitcoin has proven that it potentially survive a long time because its adoption is growing massively. Sure, nothing lasts forever, Bitcoin has a chance to collapse. But since Bitcoin is already an important part of our life, and even there is a country that makes it as a legal tender, we shouldn't be too worried about the possibility of Bitcoin collapse in the near future.
10 years is not a short period of time, but if you compare bitcoin with other markets like gold, forex, stocks, bitcoin is not only young but also very small compared to the rest. That is why bitcoin is considered a riskier market.
Yes, with pretty fast development as it is now, I also believe bitcoin will not crash anytime soon but there is no guarantee for bitcoin. So we have the right to confidently invest in bitcoin but always keep yourself a plan b, don't invest all your assets in bitcoin or put all your eggs in one basket, diversification is essential.
HOLD if you can, and SELL if you are not willing to wait.
Actually, I don't urge people to hold as it was just an option and of course, I don't influence their decision but to have their own as at the end of the day, they are the ones to decide.
Holding is gonna be hard for those who are doubtful and likely just quit doing it.
But, as we aim high and carry a positive mindset, no way it becomes impossible.
Actually, I don't urge people to hold as it was just an option and of course, I don't influence their decision but to have their own as at the end of the day, they are the ones to decide.
Holding is gonna be hard for those who are doubtful and likely just quit doing it.
But, as we aim high and carry a positive mindset, no way it becomes impossible.
Cryptocurrencies are considered a risky investment and that includes bitcoin. Bitcoin is still very young, although we believe and the rate of development and price increase of bitcoin in the future is great, we cannot completely rule out the possibility that it will collapse or disappear for some reason some. As we said, no one can predict what bitcoin will look like tomorrow. So you should only invest with the money you can afford to lose, do not pledge or sell all your assets to invest in bitcoin.
Not only crypto, but most investments are also risky. No investment has no risk, it is impossible.Anyway, I disagree that Bitcoin is very young, it already survived more than 10 years. Bitcoin has proven that it potentially survive a long time because its adoption is growing massively. Sure, nothing lasts forever, Bitcoin has a chance to collapse. But since Bitcoin is already an important part of our life, and even there is a country that makes it as a legal tender, we shouldn't be too worried about the possibility of Bitcoin collapse in the near future.
In my opinion, risk is always involved in all the financial markets. Though no one can anticipate what will happen next. After all, we all are making anticipations. It is better to have a strong risk management and not invest which the money we can afford losing.
If you cannot risk your money then you will never have a chance to earn bigger because there is a saying that the more you risk is the more you earn/loss.but best to have the attitude about knows when and how to risk , and also never lose faith because even if the coin you trusted losses its potential always keep in mind that the chance to earn again is there at some point in time.
If you want what others don't have, do what others can't. In order to make a lot of money, if you wish to earn big profits, then you must accept risks and be willing to trade in order to accomplish your goal. In spite of that, don't invest with all your money, know how to manage risk, the market will always provide opportunities when it comes to investing.
Cryptocurrencies are considered a risky investment and that includes bitcoin. Bitcoin is still very young, although we believe and the rate of development and price increase of bitcoin in the future is great, we cannot completely rule out the possibility that it will collapse or disappear for some reason some. As we said, no one can predict what bitcoin will look like tomorrow. So you should only invest with the money you can afford to lose, do not pledge or sell all your assets to invest in bitcoin.
if we choose to invest in bitcoin, in my opinion there is no risk in it, except when we trade, of course there must be a calculation of the risk and reward that will be received. when we invest, if there is a bearish trend and the price goes back down, then that's our chance to add to our bitcoin collection, and we wait until we get the target according to our calculations, this is different from us investing in altcoins of course, because after all if bitcoin is destroyed then altcoins will follow it. It's different if an altcoin is crashing, this doesn't apply to bitcoin as well.
They just said it above that there's always a risk in everything even in bitcoin but that risk can be minimized or maximized depending on the person that invests on it. I don't know but I sometimes think that trading is more safer than when we hodl, that's because we can immediately sell our coins to earn a profit but when we hodl, there is still a chance that the value can change.Investing in altcoin has no difference in investing in bitcoin or vice versa because the rules are still the same. We need to buy at lows or whenever there is a bear market like what we are currently experiencing and then sell at highs or when the bull run takes place.
Keep holding my bag but until one year half still not received profit yet and all my assets drop almost 50%, I can hold until right now because have passive income from other source maybe not all here as investor can't hold their bag for long time. We don't know when moment coming and make bitcoin or altcoin price going up but I believe have one day later for bitcoin and my altcoin assets back to the top price and make me smile how long time keep hold my bag get profit. Not any possibility with cryptocurrency and every time make us surprise with several altcoin pump and dump drastically, just waiting with how long you can hold your bag and when you have let your investment go.
You have to be more patient because we have seen a high increase before and the price will get a higher increase than before.Whether this year or next year or two years from now the price can only increase but what is clear, you can use this time to re-invest in bitcoin.
If you want to invest in altcoins, you can but you have to be really selective in choosing what altcoins you can buy because not all altcoins can increase in the next altcoin season.
There comes a time when the altcoins will pump again and you can sell them at that time to withdraw your profit and you can wait for bitcoin to sell at a higher price than before.
Holding your bag is not easy because we always tempt by what happens to the market and many times we are panic seeing the market going down.
If you have a strong hand to still hold, no matter what happens to the market, you will have a chance to sell it at a high price.
Holding bitcoin while the price is down and buying back for more when the price is at a low price gives benefit to us to accumulating our bitcoin amount.
So that can give us a big chance to make a big profit later.
If you have a strong hand to still hold, no matter what happens to the market, you will have a chance to sell it at a high price.
Holding bitcoin while the price is down and buying back for more when the price is at a low price gives benefit to us to accumulating our bitcoin amount.
So that can give us a big chance to make a big profit later.
Panicking during the bear season is normal but if we have already seen how Bitcoin survived the previously bearish market and hit a good price during the bull run, we should trust its capability to resist this season again. I wonder why there are still people who are questioning Bitcoin's potential when in fact, it already reached lots of achievements and milestones.
That is why I encourage everyone to invest what they can afford to wait, not your money or your monthly or weekly allowance.
Although I am an investor who has seen many bitcoin drops, every time the market falls and I look at my portfolio, I get a little nervous.
I can't help but worry when my assets have decreased by more than 50-60% in value. But then everything will be back to normal when I calm down, because I know the drop has happened many times in the past. Fear is always present in us and we cannot completely eliminate it from us, we can only suppress it with our understanding.
Keep holding my bag but until one year half still not received profit yet and all my assets drop almost 50%, I can hold until right now because have passive income from other source maybe not all here as investor can't hold their bag for long time. We don't know when moment coming and make bitcoin or altcoin price going up but I believe have one day later for bitcoin and my altcoin assets back to the top price and make me smile how long time keep hold my bag get profit. Not any possibility with cryptocurrency and every time make us surprise with several altcoin pump and dump drastically, just waiting with how long you can hold your bag and when you have let your investment go.
In my opinion, risk is always involved in all the financial markets. Though no one can anticipate what will happen next. After all, we all are making anticipations. It is better to have a strong risk management and not invest which the money we can afford losing.
If you cannot risk your money then you will never have a chance to earn bigger because there is a saying that the more you risk is the more you earn/loss.but best to have the attitude about knows when and how to risk , and also never lose faith because even if the coin you trusted losses its potential always keep in mind that the chance to earn again is there at some point in time.
If you want what others don't have, do what others can't. In order to make a lot of money, if you wish to earn big profits, then you must accept risks and be willing to trade in order to accomplish your goal. In spite of that, don't invest with all your money, know how to manage risk, the market will always provide opportunities when it comes to investing.
In my opinion, risk is always involved in all the financial markets. Though no one can anticipate what will happen next. After all, we all are making anticipations. It is better to have a strong risk management and not invest which the money we can afford losing.
If you cannot risk your money then you will never have a chance to earn bigger because there is a saying that the more you risk is the more you earn/loss.but best to have the attitude about knows when and how to risk , and also never lose faith because even if the coin you trusted losses its potential always keep in mind that the chance to earn again is there at some point in time.
If you want what others don't have, do what others can't. In order to make a lot of money, if you wish to earn big profits, then you must accept risks and be willing to trade in order to accomplish your goal. In spite of that, don't invest with all your money, know how to manage risk, the market will always provide opportunities when it comes to investing.
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