Topic: I don't hold BTC for ATH (Read 340 times)

Of course bullran comes seasonally, long term holders are always ready to buy bitcoins in any market. Because if you buy Bitcoin and want to hold it for a long time, Bullran will not be needed. Bulran will be needed only for those people who are small and traders who have seasonal Bulran.

You mean you just hold Bitcoin because someone told you that it is a digital wealth? You must have a tangible reason why you are holding Bitcoin and you don't have to act like you are very rich and do not interested to make money from Bitcoin whether the price goes up or down. We know that the crypto market is quite volatile and even the rich are telling the hassle of having to wait for more time for the price of Bitcoin to go bull. If you are only holding for nothing just to buy and leave it for as long as possible, then that is pretty good.

Well, then why do you hold bitcoin? Do you plan to ever sell this financial asset in the future for a profit?

Or another question. How do you use this "true decentralized blockchian platform"? Do you often use the bitcoin blockchian (purchase and sale for bitcoin)?

It seems to me that you are slightly disingenuous when you claim that ATH is not of interest to you. Directly - no, but I suspect that future ATHs are important to you, because you are talking about digital wealth and one day you will want to sell bitcoin for a profit. The difference in the cost of buying and selling will be an analogue of ATH for you.

Although bitcoin was created as digital money, it is currently used as digital gold - an investment financial asset, the purpose of which is enrichment (during the ATH or at any other favorable moment). It looks funny when people try to claim that they are using bitcoin in some special way.

I agree with you, that Bitcoin is a digital wealth asset, which will continue to grow and has not yet determined its price at all, that's what I believe until now. Hopefully I can follow in your footsteps to save bitcoins for a very long time. because what happened to me, when bitcoin rose 1% my desire increased to sell it..lol... couldn't hold back any longer to become a holder, respect for you, good luck.

Your opinion is okay but there are mixed speculations when guy keep you but bitcoin either to preserve your money against inflation or to grow the wealth as the case maybe. It's decentralized and resistance to anything that has to do with centralized people if you feel like but have you thought that keeping your money in Bitcoin will not increase your wealth? There is no way you will define it, using all your savings to buy Bitcoin indirectly means that you are building wealth because it will appreciate after some times.

Further, have you considered the tax you will pay later? When you have your investment in other places, the rate they charge for tax is different if you do the math with Bitcoin and I must say the system is not fair with Bitcoin because of the profits they see people make from here. Now, you said you are not going to hold for new ATH, how are you going to pay 30% on your Bitcoin when you need urgent money?

I will advice you to hold Bitcoin and let it be for new all time high, that way you will have a fulfillment of paying taxes and making more money and your money wouldn't be suspect like someone who is into money laundering.

People tend to forget that there are other thing they can use with their bitcoin and its not all about price appreciation or hodl it since there are more wider picture about it. Lots of things can be use especially for using it as currency for their transactions if they want to buy something or anything close to that used. But if someone want to decide about looking forward for short term gains then its up to them to decide for that since we can't dictate to like the idea about hodling but for sure they can learn about it on process.

Its ideal to do that suggestion like putting some share for holding then sell something when the price goes up especially when it reach on ATH since that's what actually we need. Some people are already satisfied with that profit and its good to harvest all the profits we get since its hard to lose some especially if we are totally cannot control the situation coming to us. So people should planned their financial capacities since if they are earning less then they should go with your suggestion and if they have reserve funds to use then split some share to invest for long term since that could bring something good result in future to them.

You're having a good mentality because alot of people are just here for the price appreciations and not utility of Bitcoin and that's why we have more discussion on price instead of adoption. If you're only hodling Bitcoin for the ATH this means you have to be selling when Bitcoin gets a new ATH but if you're hodling Bitcoin for the future, you can become a diamond hodler and keep hodling your Bitcoin irrespective of what is happening to the market. I feel ATH are for short term hodlers because long time hodling won't be all about the ATH but for what Bitcoin holds for the future.

To make things more better you can have different Bitcoin for different purposes. You can hodl some Bitcoin for ATH that you can sell and use to sustain life while you have those that are meant for the long term goals. People have different ambitions in life and if theirs is to hodl Bitcoin for only ATH and it works out for them, they can keep doing it because everybody can't be a hodler. We need to have those always trading Bitcoin frequently for the market to be active.

I was actually curious about OP's claims of not holding bitcoins for ATH or bullrun. If he actually holds it as wealth, isn't he also interested in increasing his wealth? As we know,  the ATH and bullrun are what most bitcoin investors look forward to because it guarantees lots of returns on their investments.  Maybe you are right, OP is rich already so, what becomes of bitcoin during or after the bullrun and ATH does not really matter to him, as long as he enjoys the benefits of being part of a decentralized system. I have no problems with how anyone intends to use his coins, as long as they are using it right and getting benefits from it as well.

Everyone invests their income or savings somewhere for profit and you are right but your problem is that you are not holding bitcoins for a fixed period of time you think that once you have bitcoins you can spend them on anything you want.  Like fiat money. But if you make some changes in your thinking, you can make good quality profits. You keep some bitcoin as an asset and sell some bitcoin in bull run and buy in bear market. then you can make a lot of profit and you will have some amount of bitcoins as an asset.

Perhaps he's already a millionaire and he doesn't give a **** on Bitcoin's value in dollars

Chances are, being more realistic, that his investment is too small and even a multiplier of 3 or 5 wouldn't make any difference in his personal finances. The strategy of hodling forever until you don't need to change your sats for dollars, like in the meme about Morpheus teaching Neo, might have been true for those who invested 10 years ago, but as the market cap increases it is more and more difficult in the present.

Then youre a true OG and salute you for that. But is that really what youre after for the bitcoin tech? You dont care of its value somehow? For sure mostly here are 95% considering it as investment and have care whether its price could be double or triple in the coming years. So I have my doubts that when you said you dont care.

I completely agree. Bitcoin true strength comes from its ability to let individuals control their own money without needing banks or governments. Many people focus on making profit but Bitcoin core values privacy security and independence are what make it special. By prioritizing control and decentralization we can escape limitations of traditional systems and create fairer financial system.
And regarding this to hold Bitcoin for ATH or not. So I think this is the personal decision if any want so he/s can or if anyone not so it is his/her choice.

Satoshi Nakamoto didn't develop bitcoin for us to hold it for ATH; it is okay if you're not holding your bitcoin for ATH. The reason why Satoshi Nakamoto developed bitcoin was for self-custodial that would help us to have total control over our money, which would eliminate the government from implementing a policy that could determine when we could use and access our money. It is the self-custodial that gives bitcoin so much power, and people are adopting bitcoin because of its self-custodial.

Wow, honestly, this is quite an extraordinary thing for me and it is indeed outside of what many people do in general. because there are indeed people who hold it because of their love and belief in Bitcoin as a wealth asset. Not just for investing in a certain period to get immediate profits.

I also want to be in that position someday. but for now, I'm still fighting and there are plans that I'm currently preparing. Therefore, I am still part of the people who held to meet the bullish era and take profits at that time. However, what is certain is that after taking profits and getting good returns, not all of these profits will be used for other things, but there is still a percentage to buy Bitcoin again at the end of the market and then continue holding it again for a certain period of time.

That's a good mindset, the spirit of the white paper written by Satoshi Nakamoto was to create a decentralized digital currency. That's why he called Bitcoin A Peer-to-Peer Electronic Cash System. I don't think he wanted to create a deflationary currency appreciating in value indefinitely, even after reaching its climax of adoption, otherwise he would implement a burning mechanism.

Yeah you have a point people have different opinion and desire for there use of Bitcoin and sometimes one of the reasons why an investor will choose not to care about the present condition of Bitcoin weather it gets to a certain level or not or reaching the ATH could simply be that his intentions on Bitcoin is for a long term holding and at that moment you consider less about the price of Bitcoin because already you have believe that in the near future Bitcoin price will never be compared with the price now perhaps that was the point Op was trying to make.

So actually everybody is entitled to there investment decisions and there is no way we can tell them what to do with there investment or follow other investors on there pattern at which they use, so for me what actually matters is just being able accumulate Bitcoin as much as we can afford and keep holding because nobody knows how much Bitcoin will be worth in the future.

Well done, Mr man, should we clap for you? For not hodling bitcoin for ATH the same way, the majority of us are doing.

However, my message to you is for you to make sure you have your seed phrase kept in a safe place, or have your close relative or friend have a written copy of it because of the unknown since you intend to hodl bitcoin for damn long(nobody knows how long) without selling, instead as a store of wealth, which I so much believed that you must sell someday.

Yeah that's the idea too with me, although my own goal and target of selling isn't up to that amount, maybe around $100k I would sell off the little Bitcoin I have then I invest it on land because of its own appreciation power overtime because I don't know when the bear might hit us again but money is something that is easily spent so after I sell off my Bitcoin I intend on buying some pieces of land and because it doesn't lose value and then when the bear market comes, I will sell off at even bigger rate and buy Bitcoin back again maybe at $50k or even lower of possible.

this is the kind of mentality earlier Bitcoin holders had when they started holding on to Bitcoin. I guess for most of them, it wasn't a serious issue if Bitcoin even increases in it value or not. What was more important is that it's able to liberate people from the old and non functional financial system that has been tedious and wasn't giving people the freedom and full control they needed to have in taking care of thier wealth.

I once asked the question, what happens when Bitcoin becomes less volatile and maybe maintained a form of consistent volatility for a particular timeframe? Does it means that people would stop buying Bitcoin? For me, volatile is just an added advantage to the so many positive potentials that Bitcoin has. As long as Bitcoin isn't going dip too further down the line, it's an asset that's worth holding onto due to the somany other advantages it has over the fiat systems. If Bitcoin goes as high as $200k, it will most likely incourage investors to come into the system but if we are taking about the possibility of Bitcoin being adopted into the different part of the world, volatility should to a very large extent not become a primary thing that should be at the centre of such movement.

I kind of like the aspect of Bitcoin where I can easily transfer my funds from my country at this point in time to any other person that's in another geographical location across the globe without going through the stress that send fiat comes with. It's a part we've not paid much attention to of recent due to the bouyancy of the investible part of Bitcoin but to be honest, it's actually the kernel of Bitcoins existence.

Each people will have their own reason why they have Bitcoin and why they hold or not hold Bitcoin. We don't know when Bitcoin bull run happen and only guess without knowing the truth. But people who already follows the previous bull run will still holds their Bitcoin and wants to hold their bitcoin until the bull run comes. If bull run is not coming in the end of this year or even in the next year, that doesn't minds for them because they still believe that Bitcoin will gets the bull run.

People will have their own opinion about bull run is important or unimportant and nothing is wrong with what they believe. We can't force each people to follow other people wants because this is a freedom for people with their Bitcoin.

I may not know your reason why you don't hold Bitcoin during all time high (ATH) and why you don't care about bull run, if i may ask have you being doing it before, has it favored you, if it has then no problem but bull run and ATH are period most people pull out their money and then after dip they invest again. Morever, what you just said I don't know what strategy is that though everybody has there own strategy but there are some strategy that are boring and risky.

This is your personal opinion and we respect it, but this doesn't form the collective believe of all Bitcoiners. In the end what wins is the collective idea and understanding of all Bitcoiners. No matter whichever way we see it, almost everyone in bitcoin is here because of the profits. If BTC was a stable coin, many wouldn't have embraced it. Many people who are unduly rich do not bother themselves to study bitcoin because they have what generates fund for them.

However, there are a few people who hold same believe as you. They just buy and hold bitcoin and care less about the price fluctuation. Maybe they just want to be able to control their wealth themselves and bitcoin gave them the opportunity.

That's an extraordinary expectation and there is no need to check market conditions BTC on cellphones at the current price. Just look once when you want to cash it out.

Actually, that's what should be done, but I also believe that you can also make a profit using the trading process, whether weekly or monthly. The final concept is also profit.

And the maximum is what you want to do.

And many of them The only person I have heard who said he is not moved by the price of Bitcoin because he is not willing to sell is the President of El Salvador Nayib Bukele. It is good to know that you have a very long-term plan for your Bitcoin holding but many people might not be able to hold like you. People use Bitcoin as a means to make a profit after investing for some years. Only a few people are concerned about their privacy use because of its decentralized nature.

The bull run have attracted so many people to the industry. Many of them are targeting to sell at the ATH but they fail to understand that it is not predictable. The ATH is usually known after the bull run, so the best decision is to have your predictions.

I completely agree with you on your thoughts on Bitcoin. Holding Bitcoin should not be solely focused on its potential for bull run or reaching all time high. Instead it is good to recognize its value as decentralized blockchain platform and store of digital wealth. True power of Bitcoin lies in its ability to empower individuals with financial freedom and autonomy regardless of market fluctuations. Whether bull run occurs or not fundamental principles of Bitcoin remain unchangedmaking it robust and resilient asset for long term. And just due to this people who believe in Bitcoin so they are holding it. And I am also one of them. In my daily routine community if anyone ask me I have investment can you give any idea where should invest so I always say buy Bitcoin and forget it about 10 to 20 years or more.

You said storing wealth on a blockchain platform, look again at what you wrote.

I don't understand what you are explaining exactly.
You don't care about bullish and you don't care about ATH but you are storing wealth in Bitcoin right? Then why are you storing wealth in bitcoin if you are skeptical of bullish and ATH?

Only shot time traders hold BTC because another all time high, but real Bitcoin investors hold BTC as an asset to keep the value of their wealth. If the real investors also have profit from the investment, they will be happy because profit is the main reason for investment.

BTC is a store of value that is why investors that truly believe in Bitcoin do buy enough and hold until they are in need of money before they swap and use the money.

You're right, we can many as many reasons why we are adopting for the use of bitcoin, some may do that for their self to profit when they hodl, some are using it because its a decentralized digital currency while some make use of bitcoin for their financial privacy and security because they have found it as a reliable means of holding their asset without any fear of unnecessary demands, you will also discover that its because some were tired of government regulations on commercial banks and needed an alternative means they can use have control over.

Good to know that someone thinks like that, I personally hold BTC for ATH and sell some of my holdings when I see its value at peak and then I wait for the intense dips of the bear market and continue accumulating during those dips.

That's how I do it but I believe you're also doing it right. Just hold your Bitcoin and keep trusting in it, but if you can make some money while selling at peaks then there's nothing wrong in that approach.

are you sure about this? everyone has a reason for holding bitcoin and i think that 99% of people who hold bitcoin hope that the price can rise higher in the future, not just for their wealth. but i don't know if you are very rich, so you don't care whether the price of bitcoin will rise or fall, or it will go to zero, but i myself think that bitcoin has potential and i want a profit by holding it. as simple as that.

I guess you are wealthy enough to say that. Unfortunately, most of us hold Bitcoin because we want to increase our wealth. When the bull run and the bear run start, many things happen. Market movement affects my mental health, and sometimes, we start panicking when we see a massive crash in the market. If your thousand dollars become a couple of hundred dollars and you still do not care, you are wealthy enough, Budd. I was waiting for a 90-100K price range to cash some profit, and I would love to buy back if the market goes down. You just lied in your thread. I know you care about ATH. 

@SAHASAN, challenge for you - read the forum rules and tell me what you are doing wrong in this topic? You might even get a prize

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A question for you - would you have the same opinion about Bitcoin if its price was $1? Maybe the question is a bit pointless, but what attracts most people to BTC is something else...

And just as the other wealth and assets that a rich person has, it can be passed on to the next generation and to your heirs. It's not a problem if you'll sell or not, you have the authority to do whatever you wanna do with the BTCs that you're holding and no one can influence you from doing it. If some things happen to you and you're in need and you have no option but to sell, you can take a part of it, a little bit then use that for sustenance of whatever situation that you have to deal with that financially and you're going to see the use of BTC in those time of needs. Whilst for those that have sold in the past because of their needs, don't regret, as long as you get to use that with your basic things on that moment be grateful and it's not too late to re-accumulate.

No one has ever said my post was trash like this.  
I think my English is bad so the posts are not getting the meaning.
But as you said, I will definitely try to write better with more meaningfully.



ATH means all time high it is not a token name in this post  

Yes, undoubtedly, this is a fisherman who doesn’t even think about what he writes.

OP, don't you hold Bitcoin? You don't care about growth; you just invest like that? What's the idea? I'll give you a hint: you're not holding anything, but your presence here clearly has a purpose. Maybe if I give you 1 merit, you'll stop creating daily nonsense and move  (will you come back) to the bounty section?


I will remove my tag, on the condition that you do not write garbage every day.

Where I said that I hold Blockchain?  


  !!! I am very disappointed to see a comment from such a good member like you!!!

Will I close the discussion because I do not get merit?  

I do not post on Bitcointalk to get merit.

yes. may be a little wrong because my mother tongue is not English.

Your reason for holding BTC is kind of wired because no matter how you put it in your head, it still falls into the profit margin. Wether you believe it or not, so long you are able to hodl a reasonable amount of Bitcoin for a long period of time, the value will still increase and you will still make profit the way others who held theirs made. I guess you are just giving yourself a reason not to be sad during the dips because if you aren't waiting for the Ath when everyone is happy as the value of their investments has increased, then what will you do when the market experience a huge dip, will you still be happy or just keep telling yourself that you aren't holding for the ath

It is true that Bitcoin has value in itself and for this reason its value will not be zero, especially with people like you who may not want to sell no matter the price, but also owning more Bitcoin is a good thing and it is something I am trying to achieve by selling Bitcoin at the $120,000 levels and buying again at the $70,000.
whoever sells at ATH may have a good reason such as buying more Bitcoin

With 133 of activity and 0 merits don't expect us to think it's a great idea, although it sounds kind of merit fishing to me. Learning to write well, with good punctuation and case correctness would help.

Regardless of your reason for storing your wealth in the form of Bitcoin, you must choose a wallet that has a higher level of security and can control its private key to open it whenever you want. Bitcoin is digital gold which has seen its price rise significantly, especially as it is supported by positive issues in various media, while on the other hand, the movement of Bitcoin is very volatile and moves naturally. If you think speculatively on Bitcoin, you no longer need to monitor the price all the time, Bitcoin is also the best investment during inflation.

You can hold your bitcoins but you can not hold the Bitcoin blockchain, be realistic man. The blockchain is decentralized and nobody can own it or hold it, includes you.

You only own your bitcoins if you own its private keys. Not your keys, not your bitcoins.
Reminder: do not keep your money in online accounts
How to backup a seed phrase
Bitcoin Q&A: Not your Keys, Not your Coins

I don't hold btc BTC for ATH I just hold it as a wealth and true decentralized blockchian platform,
Nothings happen if btc bull run coming or not, Because I always believe that btc is a digital wealth and public power decentralized system ATH or Bull run is not important for me.