I AM HODLING - page 4. | Bitcointalksearch.org

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: HeRetiK on September 14, 2017, 02:26:50 AM

Quote from: dothebeats on September 13, 2017, 11:54:39 PM

For the people who came in at $4000 and above, it's hard to tell them to hold especially that the price kept on tanking every single day. I have bought on $4000 and $4200 but majority of my holdings right now are still from $2500 so it's easy for me to bail out if I really wanted to, and I think other people are also considering this move since the future is looking gloomy within the next weeks.

Bankers have been advising against Bitcoin for years and China has been "banning" crypto-currencies since 2013 so the fundamentals haven't changed in that regard. The infrastructure on the other hand has gotten much better and most importantly -- Bitcoin is still here and going strong. The longer Bitcoin prevails, the more established it will become.

The forks are a different question of course. While the BCH fork was retrospectively quite healthy for BTC, I'm not so sure about SegWit2x. But that's another discussion.

Regardless of that I agree with you. It's easy to tell other people to hodl while you yourself are in the green.

but if things crashed and huge downfall happen for sure panic will also be felt and worries will start to happen I'm also positive that everything
still in good shape even there's a lots of struggle coming this week or maybe the whole month bitcoin will still a good investment to hold.

HeRetiK

legendary

Activity: 3108

Merit: 2177

Playgram - The Telegram Casino

Quote from: dothebeats on September 13, 2017, 11:54:39 PM

For the people who came in at $4000 and above, it's hard to tell them to hold especially that the price kept on tanking every single day. I have bought on $4000 and $4200 but majority of my holdings right now are still from $2500 so it's easy for me to bail out if I really wanted to, and I think other people are also considering this move since the future is looking gloomy within the next weeks.

Bankers have been advising against Bitcoin for years and China has been "banning" crypto-currencies since 2013 so the fundamentals haven't changed in that regard. The infrastructure on the other hand has gotten much better and most importantly -- Bitcoin is still here and going strong. The longer Bitcoin prevails, the more established it will become.

The forks are a different question of course. While the BCH fork was retrospectively quite healthy for BTC, I'm not so sure about SegWit2x. But that's another discussion.

Regardless of that I agree with you. It's easy to tell other people to hodl while you yourself are in the green.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

For the people who came in at $4000 and above, it's hard to tell them to hold especially that the price kept on tanking every single day. I have bought on $4000 and $4200 but majority of my holdings right now are still from $2500 so it's easy for me to bail out if I really wanted to, and I think other people are also considering this move since the future is looking gloomy within the next weeks.

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯

Quote from: player514 on September 13, 2017, 11:04:05 PM

Quote from: mk4 on September 13, 2017, 09:34:31 PM

Quote from: Iranus on September 13, 2017, 01:52:58 PM

Quote from: HeRetiK on September 13, 2017, 11:40:38 AM

That post was written when BTC was down by more than 60% from USD 1180,-. Right now we're down by maybe 25%.

In the bear market as a whole, the value dropped from $1180 to below $200. $1180 to $200 is a reduction of roughly 83%, so you would be losing more than four fifths of your coins' value if you held throughout that period. In some BTC bear markets it's been even worse.

The trick is putting your coins (the ones that you're not using regularly) in cold storage somewhere that it would take a while to access them, so it takes a lot of thought to dump them and it's not subject to short-term emotions from price movements.

If you have enough savings that you can still live comfortably if you lose all the coins, HODLing shouldn't be too difficult.

Good lord that drop. I wasn't into bitcoin or cryptocurrencies in general at those times, but looking at those charts right now.. if I remember correctly bitcoin stayed at around the $200 mark for around a year or so? If I was a beginner at that time I would have probably said "fuck it" and sold at $200 because I would probably think it wouldn't rise back up, knowing it has stayed in that price range for so long.

I also agree on your second statement, holding bitcoin somewhere less accessible. But damn that's definitely easier said than done.

I was also around when bitcoin was at 200-300 for like a good year. I was actually thinking about cashing out, but I kept seeing the fluctuations and thought I might as well HODL for the hell of it. My holdings just exploded, and I genuinely have no regrets with holding. Even though it's dropping now, I'm still in a profit.

I was here also when the price is 300$ price but I'm doubting on it and never try to hodl any and I'm bit doubting right now since If I tried to grab some and hold it for long years then I might turn to millionaire nor bountiful right now. But Still I am glad on whats happening for now since I can actually earn huge on this rate since Every digits of satoshi have value today.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: Jating on September 13, 2017, 02:49:37 PM

~
True. But holding is the logical choice because like everyone else's here, we are still positive that bitcoin can recover from all of this shenanigans created by those who want's to manipulate the price. We may regret not selling when the price is $4700 but who knows, after everything is straighten out we might see the light at the end of the tunnel. So I will hold and buy from this dip, simple as that.

"here" is the speculation board and most people are here to trade bitcoin for the most part. so obviously holding is still an option but trading is the dominant goal here.

when selling you need to have plans and a damn good reason for it too. if you are selling based on panic or a fear that price might go lower then you are better off holding. otherwise when the FUD starts it is a very good time to sell something and wait for the bottom to buy back.
for instance if you have 10BTC and you are trading with 2 of them. you sell it at $4300 and wait for the bottom. lets say it is $3700 and buy back 2.32BTC and that is 0.32BTC pure profit.

player514

legendary

Activity: 1414

Merit: 1039

Quote from: mk4 on September 13, 2017, 09:34:31 PM

Quote from: Iranus on September 13, 2017, 01:52:58 PM

Quote from: HeRetiK on September 13, 2017, 11:40:38 AM

That post was written when BTC was down by more than 60% from USD 1180,-. Right now we're down by maybe 25%.

In the bear market as a whole, the value dropped from $1180 to below $200. $1180 to $200 is a reduction of roughly 83%, so you would be losing more than four fifths of your coins' value if you held throughout that period. In some BTC bear markets it's been even worse.

The trick is putting your coins (the ones that you're not using regularly) in cold storage somewhere that it would take a while to access them, so it takes a lot of thought to dump them and it's not subject to short-term emotions from price movements.

If you have enough savings that you can still live comfortably if you lose all the coins, HODLing shouldn't be too difficult.

Good lord that drop. I wasn't into bitcoin or cryptocurrencies in general at those times, but looking at those charts right now.. if I remember correctly bitcoin stayed at around the $200 mark for around a year or so? If I was a beginner at that time I would have probably said "fuck it" and sold at $200 because I would probably think it wouldn't rise back up, knowing it has stayed in that price range for so long.

I also agree on your second statement, holding bitcoin somewhere less accessible. But damn that's definitely easier said than done.

I was also around when bitcoin was at 200-300 for like a good year. I was actually thinking about cashing out, but I kept seeing the fluctuations and thought I might as well HODL for the hell of it. My holdings just exploded, and I genuinely have no regrets with holding. Even though it's dropping now, I'm still in a profit.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Quote from: Iranus on September 13, 2017, 01:52:58 PM

Quote from: HeRetiK on September 13, 2017, 11:40:38 AM

That post was written when BTC was down by more than 60% from USD 1180,-. Right now we're down by maybe 25%.

In the bear market as a whole, the value dropped from $1180 to below $200. $1180 to $200 is a reduction of roughly 83%, so you would be losing more than four fifths of your coins' value if you held throughout that period. In some BTC bear markets it's been even worse.

The trick is putting your coins (the ones that you're not using regularly) in cold storage somewhere that it would take a while to access them, so it takes a lot of thought to dump them and it's not subject to short-term emotions from price movements.

If you have enough savings that you can still live comfortably if you lose all the coins, HODLing shouldn't be too difficult.

Good lord that drop. I wasn't into bitcoin or cryptocurrencies in general at those times, but looking at those charts right now.. if I remember correctly bitcoin stayed at around the $200 mark for around a year or so? If I was a beginner at that time I would have probably said "fuck it" and sold at $200 because I would probably think it wouldn't rise back up, knowing it has stayed in that price range for so long.

I also agree on your second statement, holding bitcoin somewhere less accessible. But damn that's definitely easier said than done.

finity

sr. member

Activity: 381

Merit: 250

Holding is the best thing you can do at a moment as price has gone far below now and if you sell now then you will be making less profits and price will recover in coming days so depending on that you can take decision whether to sell or continue to hold.

afbitcoins

legendary

Activity: 2101

Merit: 1061

Yeah HODL

and maybe trade some on peaks and dips

Bitcoinsummoner

hero member

Activity: 1456

Merit: 624

Maintain Social Distance, Stay safe.

Well for me even i am not old in bitcoin and i am just 1 year old here i can say that holding bitcoin can gives you profit if you can see the movement of the price and most of the other they are holding and really they are getting a large price profit after the block halving..
Now since i have my own job in real life few my salary invest in bitcoin i am just invest in bitcoin past few months when the price is the same as the price today and hope that the price will increase back again.. i am still holding and never sell them because i know the potencial of bitcoin and its still accepting from many site..

HeRetiK

legendary

Activity: 3108

Merit: 2177

Playgram - The Telegram Casino

Quote from: Iranus on September 13, 2017, 01:52:58 PM

[...]

The trick is putting your coins (the ones that you're not using regularly) in cold storage somewhere that it would take a while to access them, so it takes a lot of thought to dump them and it's not subject to short-term emotions from price movements.

If you have enough savings that you can still live comfortably if you lose all the coins, HODLing shouldn't be too difficult.

The trick is to treat any money you put in Bitcoin as money burned. Only invest money that you're not going to need any time soon and mentally write it off as squandered.

Whenever people flinch during drops I get the feeling that they invested more than they should have.

Quote from: greeklogos on September 13, 2017, 03:18:25 PM

I believe that many people will stay calm even if bitcoin work dump on 2000$ point. I think 2000$ is big price to such thing as bitcoin already and I'm going to be happy to get at least this money. But I can understand those people who invested in bitcoin on the position of 5000$. My recommendation to all of them is to hold their founds. I have heard that bitcoin is going to raise to 6000-7000$ this year. So, the time will come.

The nub threads that pop up every now and then tell a different story Grin

Also USD 2k,- is still the light version. If the 2013 aftermath repeats we're looking at a years-long bear market with BTC prices as low as USD 1k,-. Could be quite taxing for some, psychologically. I doubt we'll see either price point any time soon though.

That being said, I'm proud of all you fellow hodlers out there. Keep on hodling!

UnDerDoG81

legendary

Activity: 2179

Merit: 1201

Hodling through all this rumors shit for the last 5 years... Yeah this crap will pass too... And next year more FUD, more China bans... No problem, we HODL.

1Referee

legendary

Activity: 2170

Merit: 1427

I have been holding since I started back in early 2013 and nothing has changed for me. While people are panicking due to the price going down, they completely discard the fact that at current levels, we're still 290% up if we start counting from the first of January. For some reason people always look at the negative aspects, and let them weigh heavily, while in reality, there is no reason to panic at all - again, we're still 290% up!! I am quite sure that if we would happen to reach the $3000 level for the first ever time today, people would jump a hole in the sky. The market was heavily overbought, and for that reason a correction was looming for quite a while. Those who cashed out profits close to the peak of nearly $5000 earlier this month, have done the right thing.

greeklogos

full member

Activity: 658

Merit: 152

Quote from: HeRetiK on September 13, 2017, 11:40:38 AM

Quote from: Stelfox on September 13, 2017, 10:56:28 AM

Quote

I type d that tyitle twice because I knew it was wrong the first time. Still wrong. w/e. GF's out at a lesbian bar, BTC crashing WHY AM I HOLDING? I'LL TELL YOU WHY. It's because I'm a bad trader and I KNOW I'M A BAD TRADER. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro. Likewise the weak hands are like OH NO IT'S GOING DOWN I'M GONNA SELL he he he and then they're like OH GOD MY ASSHOLE when the SMART traders who KNOW WHAT THE FUCK THEY'RE DOING buy back in but you know what? I'm not part of that group. When the traders buy back in I'm already part of the market capital so GUESS WHO YOU'RE CHEATING day traders NOT ME~! Those taunt threads saying "OHH YOU SHOULD HAVE SOLD" YEAH NO SHIT. NO SHIT I SHOULD HAVE SOLD. I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU. You only sell in a bear market if you are a good day trader or an illusioned noob. The people inbetween hold. In a zero-sum game such as this, traders can only take your money if you sell.

so i've had some whiskey
actually on the bottle it's spelled whisky
w/e
sue me
(but only if it's payable in BTC)

https://bitcointalksearch.org/topic/i-am-hodling-375643

Never forget and keep on hodling.

That post was written when BTC was down by more than 60% from USD 1180,-. Right now we're down by maybe 25%. Will you stay as confident when we drop down to USD 2k,-? Easier said than done! Wink

I believe that many people will stay calm even if bitcoin work dump on 2000$ point. I think 2000$ is big price to such thing as bitcoin already and I'm going to be happy to get at least this money. But I can understand those people who invested in bitcoin on the position of 5000$. My recommendation to all of them is to hold their founds. I have heard that bitcoin is going to raise to 6000-7000$ this year. So, the time will come.

nominee

sr. member

Activity: 281

Merit: 250

Quote from: aardvark15 on September 13, 2017, 02:23:26 PM

Quote from: Iranus on September 13, 2017, 01:52:58 PM

Quote from: HeRetiK on September 13, 2017, 11:40:38 AM

That post was written when BTC was down by more than 60% from USD 1180,-. Right now we're down by maybe 25%.

In the bear market as a whole, the value dropped from $1180 to below $200. $1180 to $200 is a reduction of roughly 83%, so you would be losing more than four fifths of your coins' value if you held throughout that period. In some BTC bear markets it's been even worse.

The trick is putting your coins (the ones that you're not using regularly) in cold storage somewhere that it would take a while to access them, so it takes a lot of thought to dump them and it's not subject to short-term emotions from price movements.

If you have enough savings that you can still live comfortably if you lose all the coins, HODLing shouldn't be too difficult.

I'm just going to hold and ride it out. That drop to $200 was a few years ago and I think Bitcoin has a bunch of new investors since then. Hopefully they won't all panic sell to make the price drop 83%. I guess less than a 50% drop from peak price.

If it drops below $3000 I might regret that I didn't sell but the hard thing is that we didn't know if the price would go to $7000 before a correction even though we knew a drop would eventually come. It's too hard to predict sometimes but I see the drop as a chance to buy more Bitcoins if it does go below $3000.

Bear markets can happen anytime. Why people started to sell? I can't understand this. Correction problems are also possible all the time. We can't be earning money in bull market 100% and we may lose sometime. Like happening now.

surix

sr. member

Activity: 274

Merit: 250

Another hodler here.

I'm also from 2013 and my thinking was: if I sell them now anyway it's not worth a lot. If I hodl it may recover.

So they are still in my hands.

Rumipl

full member

Activity: 261

Merit: 100

Hodl since 2013 and keep on hodling. This is the best strategy, just realize that we are on the edge of new era.

Jating

hero member

Activity: 2842

Merit: 772

Quote from: aardvark15 on September 13, 2017, 02:23:26 PM

Quote from: Iranus on September 13, 2017, 01:52:58 PM

Quote from: HeRetiK on September 13, 2017, 11:40:38 AM

That post was written when BTC was down by more than 60% from USD 1180,-. Right now we're down by maybe 25%.

In the bear market as a whole, the value dropped from $1180 to below $200. $1180 to $200 is a reduction of roughly 83%, so you would be losing more than four fifths of your coins' value if you held throughout that period. In some BTC bear markets it's been even worse.

The trick is putting your coins (the ones that you're not using regularly) in cold storage somewhere that it would take a while to access them, so it takes a lot of thought to dump them and it's not subject to short-term emotions from price movements.

If you have enough savings that you can still live comfortably if you lose all the coins, HODLing shouldn't be too difficult.

I'm just going to hold and ride it out. That drop to $200 was a few years ago and I think Bitcoin has a bunch of new investors since then. Hopefully they won't all panic sell to make the price drop 83%. I guess less than a 50% drop from peak price.

If it drops below $3000 I might regret that I didn't sell but the hard thing is that we didn't know if the price would go to $7000 before a correction even though we knew a drop would eventually come. It's too hard to predict sometimes but I see the drop as a chance to buy more Bitcoins if it does go below $3000.

True. But holding is the logical choice because like everyone else's here, we are still positive that bitcoin can recover from all of this shenanigans created by those who want's to manipulate the price. We may regret not selling when the price is $4700 but who knows, after everything is straighten out we might see the light at the end of the tunnel. So I will hold and buy from this dip, simple as that.

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: Iranus on September 13, 2017, 01:52:58 PM

Quote from: HeRetiK on September 13, 2017, 11:40:38 AM

That post was written when BTC was down by more than 60% from USD 1180,-. Right now we're down by maybe 25%.

In the bear market as a whole, the value dropped from $1180 to below $200. $1180 to $200 is a reduction of roughly 83%, so you would be losing more than four fifths of your coins' value if you held throughout that period. In some BTC bear markets it's been even worse.

The trick is putting your coins (the ones that you're not using regularly) in cold storage somewhere that it would take a while to access them, so it takes a lot of thought to dump them and it's not subject to short-term emotions from price movements.

If you have enough savings that you can still live comfortably if you lose all the coins, HODLing shouldn't be too difficult.

I'm just going to hold and ride it out. That drop to $200 was a few years ago and I think Bitcoin has a bunch of new investors since then. Hopefully they won't all panic sell to make the price drop 83%. I guess less than a 50% drop from peak price.

If it drops below $3000 I might regret that I didn't sell but the hard thing is that we didn't know if the price would go to $7000 before a correction even though we knew a drop would eventually come. It's too hard to predict sometimes but I see the drop as a chance to buy more Bitcoins if it does go below $3000.

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

Quote from: HeRetiK on September 13, 2017, 11:40:38 AM

That post was written when BTC was down by more than 60% from USD 1180,-. Right now we're down by maybe 25%.

In the bear market as a whole, the value dropped from $1180 to below $200. $1180 to $200 is a reduction of roughly 83%, so you would be losing more than four fifths of your coins' value if you held throughout that period. In some BTC bear markets it's been even worse.

The trick is putting your coins (the ones that you're not using regularly) in cold storage somewhere that it would take a while to access them, so it takes a lot of thought to dump them and it's not subject to short-term emotions from price movements.

If you have enough savings that you can still live comfortably if you lose all the coins, HODLing shouldn't be too difficult.

Topic: I AM HODLING - page 4. (Read 2584 times)