I have to hold on tight - page 2. | Bitcointalksearch.org

odunybiz

full member

Activity: 588

Merit: 119

Quote from: tvplus006 on March 21, 2024, 06:16:49 PM

Quote from: encryptogon on March 21, 2024, 07:17:58 AM

...Imagine a person who purchased BTC in 2011 and held it for 13 years, his profit from this investment is huge. Now think you are that person in 2035, you can calculate the profit margin and this will help you calm your nerves.

It is very difficult for me to imagine such investors who have hold Bitcoin for 13 years. Who are these people who resisted the temptation to sell their coins when the price increased by tens of thousands of percent? I would never become one of them, since I can't hold my coins so tightly.

It's not so easy to hold any token that long unless on strong determination. If I'm in his/her shoe, I will have gotten confused during the bear season and sold all out in the next bull run in fear of getting dip again.

Kristiyana

member

Activity: 252

Merit: 37

Quote from: Adbitco on March 23, 2024, 09:14:49 AM

Quote from: tvplus006 on March 21, 2024, 06:16:49 PM

Quote from: encryptogon on March 21, 2024, 07:17:58 AM

...Imagine a person who purchased BTC in 2011 and held it for 13 years, his profit from this investment is huge. Now think you are that person in 2035, you can calculate the profit margin and this will help you calm your nerves.

It is very difficult for me to imagine such investors who have hold Bitcoin for 13 years. Who are these people who resisted the temptation to sell their coins when the price increased by tens of thousands of percent? I would never become one of them, since I can't hold my coins so tightly.

Maybe they where dead for 13 years after which they woke up to continue their investments normal this is a serious temptation because I can't imagine someone holding for decades it's quit surprising because I know how tough it's to just hold for only 4 years. I believe that person has a plan to hold for 13 years or more if I may guess correctly, because if someone can hold for this long time then what more of holding till 13 years more.

I don't think if it is possible for someone to purchase btc and hold it for 13years,who knows if the unknown "death" will still keep the Person till then, not every risk are meant to take,some risk are very expensive. holding coin for just 5years is still difficult talk more of 13years, although making a Long term investment is very good but not this far.

Adbitco

hero member

Activity: 1428

Merit: 653

Leading Crypto Sports Betting & Casino Platform

Quote from: tvplus006 on March 21, 2024, 06:16:49 PM

Quote from: encryptogon on March 21, 2024, 07:17:58 AM

...Imagine a person who purchased BTC in 2011 and held it for 13 years, his profit from this investment is huge. Now think you are that person in 2035, you can calculate the profit margin and this will help you calm your nerves.

It is very difficult for me to imagine such investors who have hold Bitcoin for 13 years. Who are these people who resisted the temptation to sell their coins when the price increased by tens of thousands of percent? I would never become one of them, since I can't hold my coins so tightly.

Maybe they where dead for 13 years after which they woke up to continue their investments normal this is a serious temptation because I can't imagine someone holding for decades it's quit surprising because I know how tough it's to just hold for only 4 years. I believe that person has a plan to hold for 13 years or more if I may guess correctly, because if someone can hold for this long time then what more of holding till 13 years more.

johnsaributua

sr. member

Activity: 812

Merit: 257

PredX - AI-Powered Prediction Market

I agree that bitcoin last year was very affordable, and after the halving I would say the same for now. I assume you have bought when the price is below $25000 per bitcoin, if you buy/hold $200 see the magic a year later. I strongly believe that investing is as simple as buying bitcoins and holding them.

Actually the fierce fight is between yourself, seeing the pump break through the nearest resistance. it should be the beginning of the departure for what has been analyzed, but I am sometimes tempted to take more. Until now I still hold bitcoin and get it, hopefully I don't miss even saving 5$ every week. Grin

Makus

sr. member

Activity: 504

Merit: 268

DGbet.fun - Crypto Sportsbook

Quote from: Solokan on January 22, 2023, 08:04:37 AM

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...

I believe you don't need anyone to advise you again whether to hold or not because from the time you made this thread till now, the price of Bitcoin has increased to more than 200% and this proves one thing, that Bitcoin is a project for long term investment hence you should keep on holding as there are more profits to gain from your investment when the bull run begins again after the halving and price correction. Assuming those who started to hold gave up their bitcoins, by now they would have ended up in regrets, but today their patience has paid them off.

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: Solokan on January 22, 2023, 08:04:37 AM

I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

sometimes our instinct is more better than reading graph or listening to experts so from that you have to decide to better since its your money.

Quote

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

you must stick to your plans mate , because if you change mind in the middle then
the outcome will not favor you for sure.

Quote

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...

since its already passed, now you have the reason to resist and to stay strong because if you kept that holding then surely now you are already in best result of your holding.

Hallroom

member

Activity: 742

Merit: 21

Quote from: Solokan on January 22, 2023, 08:04:37 AM

I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...

Since you bought $17,000 worth of bitcoins, you must hold on tighter. Bitcoin's future is very good so you can safely hold until 2025, currently the March 2024 high is a short bull run. So you never sell because of momentary greed, if you can hold Bitcoin till 2025 then surely you can get four to five times more benefit.

odunybiz

full member

Activity: 588

Merit: 119

Quote from: Solokan on January 22, 2023, 08:04:37 AM

I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...

We should all be informed about the risks present in crypto. No business comes with no risk. The higher you are able to risk, the higher the chances of making it

Bushdark

sr. member

Activity: 1008

Merit: 262

20BET - Premium Casino & Sportsbook

Quote from: bounceback on March 22, 2024, 08:39:33 AM

Quote from: tvplus006 on March 21, 2024, 06:16:49 PM

Quote from: encryptogon on March 21, 2024, 07:17:58 AM

...Imagine a person who purchased BTC in 2011 and held it for 13 years, his profit from this investment is huge. Now think you are that person in 2035, you can calculate the profit margin and this will help you calm your nerves.

It is very difficult for me to imagine such investors who have hold Bitcoin for 13 years. Who are these people who resisted the temptation to sell their coins when the price increased by tens of thousands of percent? I would never become one of them, since I can't hold my coins so tightly.

Although sometimes there are a small number of us who are able to hold on to their Bitcoin for quite a long period of time, perhaps you could say that they have completely forgotten about their Bitcoin investment so they are not tempted to sell it when the price starts to slowly rise until it reaches ATH, I personally also can't hold onto it. Bitcoin for a period of 13 years without touching it at all, a few years ago I tried not to touch my Bitcoin holdings for a period of 2 years but unfortunately every time I saw the price of bitcoin increasing then I was always tempted to sell it to make a profit.

Maybe we have to be truthful about this, it's never easy to be an holder especially when we have bill piling up and no adequate funds to settle them. This is where we know who are the tue holders. It is not al about been rich and having enough funds to buy and hold Bitcoin for years because we don't have something to do with the fund. The real others are the average people trying to work hard and saving some money so that they could keep accumulating Bitcoin for the bull without looking back.

Kelvinid

sr. member

Activity: 2828

Merit: 344

win lambo...

Quote from: Distinctin on March 21, 2024, 06:46:23 PM

Hodling is the key. But never resort into hodling for the rest of your investment span, take time to profits as well as its crucial most especially in a highly volatile investment. However, my point is, always set your goal price to sell and stick to it even if bitcoin price has gone quite far than that. There would be no assurance that bitcoin price will stay on that price for long, so learn to take profits at some point so that you won’t be regretting later on wishing you did your part in taking your profits.

That seems necessary as we can't just invest and hold but also, make some money from it. Therefore, it was not just holding but also taking some profit.
Buying, Holding, and Selling --that is simple and this is the way to survive. As I observed, short-term investors make more money compared to long-term holders. Smart people will never just wait and lose great opportunities but instead, they will take every chance they have.
- they buy Bitcoin at a cheaper price sell at a higher price, and repeat the process.

So I would say and I agree with you --holding is not a lifetime, we should also consider selling.

bounceback

sr. member

Activity: 2086

Merit: 283

Vave.com - Crypto Casino

Quote from: tvplus006 on March 21, 2024, 06:16:49 PM

Quote from: encryptogon on March 21, 2024, 07:17:58 AM

...Imagine a person who purchased BTC in 2011 and held it for 13 years, his profit from this investment is huge. Now think you are that person in 2035, you can calculate the profit margin and this will help you calm your nerves.

It is very difficult for me to imagine such investors who have hold Bitcoin for 13 years. Who are these people who resisted the temptation to sell their coins when the price increased by tens of thousands of percent? I would never become one of them, since I can't hold my coins so tightly.

Although sometimes there are a small number of us who are able to hold on to their Bitcoin for quite a long period of time, perhaps you could say that they have completely forgotten about their Bitcoin investment so they are not tempted to sell it when the price starts to slowly rise until it reaches ATH, I personally also can't hold onto it. Bitcoin for a period of 13 years without touching it at all, a few years ago I tried not to touch my Bitcoin holdings for a period of 2 years but unfortunately every time I saw the price of bitcoin increasing then I was always tempted to sell it to make a profit.

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

Quote from: GbitG on March 21, 2024, 02:49:49 PM

Quote from: Bd officer on March 20, 2024, 08:19:08 PM

Many expect the Bitcoin price to be $100-150k higher in a bull market. If you are still holding, you are in more than 3x profit. You just hold.

Yeah, sure you told him right. Because expectations are sure that the price of bitcoin can range from 100k to 150k in this bull run without any doubt. So if OP has invested in dip and is still hodling then beyond any doubt he is in good profit and in my humble opinion, if OP holds Bitcoin more means there is a possibility of a bull run starting after Halving. so from 17k You can easily organize a 7x to 10x profit in a bull run if the price crosses 100k or 150k.

Moreover, investment in bitcoin definitely gives you a profit if you know how to hold it. If you don't panic, it means you have the ability to hodle, but Bitcion can definitely organize you for so much profit that you can't even think about it.

DYOR!

Hodling is the key. But never resort into hodling for the rest of your investment span, take time to profits as well as its crucial most especially in a highly volatile investment. However, my point is, always set your goal price to sell and stick to it even if bitcoin price has gone quite far than that. There would be no assurance that bitcoin price will stay on that price for long, so learn to take profits at some point so that you won’t be regretting later on wishing you did your part in taking your profits.

tvplus006

legendary

Activity: 2268

Merit: 1655

To the Moon

Quote from: encryptogon on March 21, 2024, 07:17:58 AM

...Imagine a person who purchased BTC in 2011 and held it for 13 years, his profit from this investment is huge. Now think you are that person in 2035, you can calculate the profit margin and this will help you calm your nerves.

It is very difficult for me to imagine such investors who have hold Bitcoin for 13 years. Who are these people who resisted the temptation to sell their coins when the price increased by tens of thousands of percent? I would never become one of them, since I can't hold my coins so tightly.

GbitG

sr. member

Activity: 854

Merit: 364

Enjoy 500% bonus + 70 FS

Quote from: Bd officer on March 20, 2024, 08:19:08 PM

Many expect the Bitcoin price to be $100-150k higher in a bull market. If you are still holding, you are in more than 3x profit. You just hold.

Yeah, sure you told him right. Because expectations are sure that the price of bitcoin can range from 100k to 150k in this bull run without any doubt. So if OP has invested in dip and is still hodling then beyond any doubt he is in good profit and in my humble opinion, if OP holds Bitcoin more means there is a possibility of a bull run starting after Halving. so from 17k You can easily organize a 7x to 10x profit in a bull run if the price crosses 100k or 150k.

Moreover, investment in bitcoin definitely gives you a profit if you know how to hold it. If you don't panic, it means you have the ability to hodle, but Bitcion can definitely organize you for so much profit that you can't even think about it.

DYOR!

2Pizza410000BTC

sr. member

Activity: 364

Merit: 195

WOLFBET.COM - Exclusive VIP Rewards

Quote from: Solokan on January 22, 2023, 08:04:37 AM

I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...

If you're holding on to your bitcoins for now, consider yourself very lucky. There are many people who invested in Bitcoin at its peak dumping when it reached between $17k to $15k today are in huge profits in a very short period of time. Maybe I'm not that lucky because I didn't take advantage of that opportunity. If I can use that opportunity, I will definitely hold it for long term and take huge profit by investing in Bitcoin. If you haven't sold your bitcoin investment yet, I'd say keep your bitcoins and wait for the next bullrun. If you can wait for the next bull run, I think you can be many times more successful than you are now.

encryptogon

member

Activity: 120

Merit: 11

https://peachbitcoin.com/

Quote from: Solokan on January 22, 2023, 08:04:37 AM

I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...

Look at the bigger picture and think about the time when the BTC price will touch, say $100k. If you fix a selling price very high, this will certainly reduce the temptations. Imagine a person who purchased BTC in 2011 and held it for 13 years, his profit from this investment is huge. Now think you are that person in 2035, you can calculate the profit margin and this will help you calm your nerves.

Out of mind

sr. member

Activity: 672

Merit: 321

I like to treat everyone as a friend 🔹

Quote from: Solokan on January 22, 2023, 08:04:37 AM

I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...

If you bought bitcoin at the time of $17,000 then I think you are one of the lucky ones. Since you bought at a much lower point in Bitcoin, if you hold on tight then you have a huge profit now if you have that amount of BTC at the moment. Because you can already see how much the price of bitcoin has skyrocketed and how many times it has increased, which is the highest ATH in bitcoin history. You will never be disappointed by buying bitcoins, but you need to plan for the long term and commit to holding on tightly. There is nothing to be disappointed in investing in bitcoin always you think that the bitcoin market will never stay the same, but it will definitely change during the bull season and give investors a lot of profit. To keep your investment long, you have to make a tough decision to throw the amount you can afford to lose in an investment that will give you a good amount of money over time. If the fraction of BTC from the time you invested is from your current time then I think you definitely got more than four times profit, so you hold bitcoin till the bull season with long faith.

Bd officer

sr. member

Activity: 602

Merit: 369

Betunlim|Welcome Bonus 100%|Upto 1000€

Are you holding your investment yet? If you are still holding then congratulations you are seeing a lot of profit. You hold more, hopefully next year Bullran will start. Many expect the Bitcoin price to be $100-150k higher in a bull market. If you are still holding, you are in more than 3x profit. You just hold.

If you have sold the investment then continue to invest in DCA method again. If you don't want to regret next year's bull run, start investing.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: Questat on March 14, 2024, 07:44:25 AM

Quote from: Solokan on January 22, 2023, 08:04:37 AM

snip...

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

Don't bother to check the market price and never think that you are investing in Bitcoin because at the moment you see it, especially in this bullish time, temptation certainly arises.

But I ask why you should do this. Because there is no wrong about selling as long as we are in a profit already. Besides, there is no rule that stops us from doing this. Well, yeah, it is our choice to still hold and decline to sell. In fact, some people are doing this as well because they don't want to touch their Bitcoin as it was needed already. It is somewhat reasonable, indeed.

However, not taking some profits even if you see your investment has been successful is still not the best idea for me. For me, there’s no wrong in hodling but let me remind you that even if bitcoin price is bound to rise high, still we are still dealing with an unpredictable market and that anytime bitcoin price will drop its price drastically more than we can imagine. That’s why I still encourage some hodlers to take profits some time, as we are not destined to keep hodling forever, but we are here in the first place to make some profits and gain even more future profits.

Zanab247

full member

Activity: 1414

Merit: 236

Catalog Websites

When you gather all the momentum to continue hodling your BTC during the bull run and there is nothing will make you regret of hodling it long because, if you miss the first bull run, there is a hope that another bull run will surely come that will make you to sell that BTC to make profits that will make you feel comfortable in long hodling.

I know many people have sold their BTC in this bull run that just happened in this month of march but there are still some hodlers who are hodling their BTC because, they believe that the massive bull run will surely happen before the end of this year 2024.

Topic: I have to hold on tight - page 2. (Read 1151 times)