Topic: I have to hold on tight - page 3. (Read 926 times)
At the time you bought bitcoin earlier when you wrote this post bitcoin was very low and we had not entered the bull run or slow signs of it, and if you've actually held your bitcoins without selling right now the price would have tripled on your portfolio and if you leave it even more you could be getting up to five to six time profits on your investment. Patients is one of the most important asset any long term holder can have cause if you are not well disciplined you would sell off due to any price fluctuations and you won't be able to reap the benefits of your investment.
Since you are afraid of hodling your BTC in this current price, and if you continue hodling the BTC and the price of BTC drop down to $17k, you will not be happy about the advise people give to you on this trend, but you can see that the price of BTC hit $60k this morning in the month of february, it will be profitable to release your BTC for sale.
Well, you still have a choice to make concerning what to do with your hodling either to continue hodling or to sell, but if you want to continue hodling your BTC in this bull run, wish you good luck in your hodling.
Well, you still have a choice to make concerning what to do with your hodling either to continue hodling or to sell, but if you want to continue hodling your BTC in this bull run, wish you good luck in your hodling.
I don't think this has anything to do with fear, people just do not want to be real I know what the problem is plenty of them are scared of losing their money because the price is always going up and down and they are not ready to take a risk and that is not the way bitcoin works If I am holding and the price drops to 17k, I know I won't be happy, but at the same time, I will not sell because imagine buying at this price and losing it to 17k. I am sure that person will be emotionally down but the best thing the person can do for himself is not to sell, Selling at a loss is one of the worst decisions anyone can make, and the Bitcoin price is climbing. From what is happening, you will know that holding for a long time is very profitable but it takes a longer time to start making money from your holding, which is why a lot of people end up selling.
In my opinion, when it comes to Bitcoin the main thing is always on long-term investment from 17k to 22k wasn't really going to be a huge profit for sure, but looking at the market price today at 60k$ I think is already a decent profit for sure, imagine if you sold your Bitcoin at 22k it's probably not going to be a lose since you still earn profit in the end, but you just lose a huge opportunity to earn a huge profit.
For me when you buy Bitcoin the strategy is always going to be long-term, because it just minimizes the risk of the investment, and could give you a high chance of earning a huge amount of profit in the future with a lower risk. Still, it is still going to depend on what is your perspective on the market I mean as we can see the price continues to skyrocket, It is probably not ideal to buy more Bitcoin since a lot of investors are getting greedy at this time in the market that could result to a huge lose for them, Personally, I wouldn't really want for the price to skyrocket yet since if drop happened I could easily see it as an opportunity to buyback.
For me when you buy Bitcoin the strategy is always going to be long-term, because it just minimizes the risk of the investment, and could give you a high chance of earning a huge amount of profit in the future with a lower risk. Still, it is still going to depend on what is your perspective on the market I mean as we can see the price continues to skyrocket, It is probably not ideal to buy more Bitcoin since a lot of investors are getting greedy at this time in the market that could result to a huge lose for them, Personally, I wouldn't really want for the price to skyrocket yet since if drop happened I could easily see it as an opportunity to buyback.
Those who bought previously at high prices will of course rise if they don't cut losses and if you want to survive you should continue to monitor market conditions, where high increases will always be corrected even in BTC. The beginning of March will soon arrive and the potential for a reversal is very possible, although not strong, because many people are fomo and enthusiastic about seeing market movements. I think for March it's still good to maintain.
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...
and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...
I don't know if you are still holding till this moment or not but if you're still holding, congratulations, you already made x3 of your investment with current price of $62k+. The key tips to remain strong and be able to hold for long is by using affordable money that you won't have problem losing it to invest and Secondly, is to have a goal for your investment. If you practice these too before investing, you won't be bothered about every market trends and movement unless you reach the target (goal) set. If you invest with money that you can afford to lose, the ups and downs of the price will not scare you to sell at the wrong time even when you have not reach your target due to the fear of losing the entire money.
Thank you friend for providing useful tips and yes, fortunately I bought BTC using money that was ready to be lost so every time there was an ups and downs in the price of BTC it made me not afraid because I invested with money that was ready to lose. Yes, I agree, that's good advice and I always apply that system, namely not forgetting the investment objective because forgetting the investment objective will make us tempted by small profits or profits that are not according to plan.
Thank you friend for your congratulations.
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...
and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...
I don't know if you are still holding till this moment or not but if you're still holding, congratulations, you already made x3 of your investment with current price of $62k+. The key tips to remain strong and be able to hold for long is by using affordable money that you won't have problem losing it to invest and Secondly, is to have a goal for your investment. If you practice these too before investing, you won't be bothered about every market trends and movement unless you reach the target (goal) set. If you invest with money that you can afford to lose, the ups and downs of the price will not scare you to sell at the wrong time even when you have not reach your target due to the fear of losing the entire money.
Forget it and never look at the market, it will be one way for the main goal to go according to plan. You have passed the first phase of facing temptation when you find out that the price of Bitcoin has started to increase, your decision to hold assets in your wallet must always be consistent. Never feel afraid that the price of Bitcoin will return to its basic capital, your journey is still long, Let your money continue to be in Bitcoin until the price breaks ATH.
I don't think its possible to just forget something you bought with your money, and you will always want to check the market to know what is going on, and when the market is bleeding you start worrying and only the strong can hold up because you will be tempted to sell and that is something that have stopped some people from been holder. because they could not hold on, just because the market is down does not mean it will not bounce back, see the price of bitcoin now that is what patience can do people are making profit, that is for people that actually hold, and there people that will be selling and the same time there will be people that will not sell they will wait till they have made enough profit, and the current price have passed the former all time high, and most people will not agree with you but seriously it is better to keep your money in bitcoin, so that when bitcoin is going your money to will be going up. 
Forget it and never look at the market, it will be one way for the main goal to go according to plan. You have passed the first phase of facing temptation when you find out that the price of Bitcoin has started to increase, your decision to hold assets in your wallet must always be consistent. Never feel afraid that the price of Bitcoin will return to its basic capital, your journey is still long, Let your money continue to be in Bitcoin until the price breaks ATH.
With the current rate of the price of Bitcoin now I know for sure that many will be happy and many will be upset that the price has already gotten so close to the ATH and I say this because so many investors failed to access the will power to actually hold that coin when the market price cap was fluctuating and thats the major downfall of people into Bitcoin investment and believe it's not easy but once you gather up courage and strength you will see that its actually worth it all at the end and like you said the journey is indeed young.Yeah, the price fluctuations can really mess with people's heads. When your portfolio takes a nosedive, it's totally normal to freak out a little and and yeah, watching those green candles shoot up is a total rush! But honestly, the steadfast investors tend to come out ahead in crypto. The ones who stick to their plans through thick and thin - they usually kill it later on. So do your best to tune out the noise and stay the course.
We're just getting started on one wild journey here! Buckle up and try to enjoy all the twists and turns along the way.
Since you are afraid of hodling your BTC in this current price, and if you continue hodling the BTC and the price of BTC drop down to $17k, you will not be happy about the advise people give to you on this trend, but you can see that the price of BTC hit $60k this morning in the month of february, it will be profitable to release your BTC for sale.
Well, you still have a choice to make concerning what to do with your hodling either to continue hodling or to sell, but if you want to continue hodling your BTC in this bull run, wish you good luck in your hodling.
Well, you still have a choice to make concerning what to do with your hodling either to continue hodling or to sell, but if you want to continue hodling your BTC in this bull run, wish you good luck in your hodling.
Forget it and never look at the market, it will be one way for the main goal to go according to plan. You have passed the first phase of facing temptation when you find out that the price of Bitcoin has started to increase, your decision to hold assets in your wallet must always be consistent. Never feel afraid that the price of Bitcoin will return to its basic capital, your journey is still long, Let your money continue to be in Bitcoin until the price breaks ATH.
With the current rate of the price of Bitcoin now I know for sure that many will be happy and many will be upset that the price has already gotten so close to the ATH and I say this because so many investors failed to access the will power to actually hold that coin when the market price cap was fluctuating and thats the major downfall of people into Bitcoin investment and believe it's not easy but once you gather up courage and strength you will see that its actually worth it all at the end and like you said the journey is indeed young. 
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...
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...
You shouldn't sell your investment prematurely, the reason for hodling is to enable your investment have a compounding value of your invested sum over time the longer you hodl your investment the more compounding value of your investment, you don't have to panic because Bitcoin should be seen on a long terms perspective, is the world largest digital currency that is still growing hodling for long term Will definitely make you to be part of the success story of how much potential Bitcoin have. So don't sell until it is up to 5 to 10 years or more
There are two scenarios like long-term investment and short-term investment I am too late to contribute but I hope it may help you in the future. Listen dear if you have planned for the long term investment and holding your asset for long term why are you taking/booking profit too early even you have not reached your goals? If you have planned for long term so do not take/book any profit for these small pumps and dumps. To overcome this probelm you should have some amount aside for future buying i mean do not buy all at once. Do DCA (Doller Cost Average). it will help you to overcome your fear of small pumps and dumps.
Other than that if you have planned and invested for short term investment you can book profit fron any point whenever you are convinced from the market condition. Dear all matter is you plan you should have plan before taking any entry into the market as taking entry in the market matters but exit plan matters more because if you misssed you high price market will never allow you to fetch your amount back in the near future. So in conclusion, i would advise you dear make a good plan. DYOR... Many Thanks!
What will happen to you if BTC decide to dump back to 30k? Will you lose hope? I think you invested what you can't afford to lose, you aren't capable of seeing what you invest go down in value and that's a bad sign, you will easily react to any dump.
If you plan to be a good holder you will win big on the long run, my advice is that every retracement are sometimes best for the market, if bitcoin dumps it doesn't mean it's over, lets say btc goes back to 30k now and you freaked out, planning on selling everything, then a month or two later it's already over 70k what will you do?
Dumps are meant to shake out the weak holders, who don't want to see negative price action on chart and it's impossible, some dumps are necessary for BTC to move even more higher, have patience, invest what you can afford to lose and see how it goes, all I can say is that long term holders are always the biggest winner in this space.
If you plan to be a good holder you will win big on the long run, my advice is that every retracement are sometimes best for the market, if bitcoin dumps it doesn't mean it's over, lets say btc goes back to 30k now and you freaked out, planning on selling everything, then a month or two later it's already over 70k what will you do?
Dumps are meant to shake out the weak holders, who don't want to see negative price action on chart and it's impossible, some dumps are necessary for BTC to move even more higher, have patience, invest what you can afford to lose and see how it goes, all I can say is that long term holders are always the biggest winner in this space.
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...
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 got afraid on possible out come and not sure about your decision on taking long term decision so better not to rush anything about it since you might got confuse about other possibilities and you will end up losing since each dump can possibly affect your decision making.
But if all your plans has been set and you are not been affected on anything since you have target then from that I think you are ready enough to face any consequences that will come and stick on what you think bitcoin could possibly reach. If you are not affected with the dumps or a sort of correction that will came then I think you are already set for long term and your experience is enough to deal with anything happens on the market.
I'm touched by the good advice you gave me, friend... I'm sorry I can't reply one by one and honestly, friend, according to my plan, I want to invest long term and I'm still holding BTC firmly.
and I just saw the market that the price of btc has now reached more than $58k and I am very happy with the increase in the price of btc because I bought btc at a price of less than $20k, that is, I bought at $17k even though the btc that I bought was not much but by looking The current BTC price of course I feel happy and want to thank all the members of this forum.
and I feel that there are many benefits from being on this forum. I can learn a lot from forum members who are experts in crypto, especially bitcoin.
I hope that during the bull run, BTC will penetrate more than $100k and I plan to continue holding BTC until the bull run.
and I just saw the market that the price of btc has now reached more than $58k and I am very happy with the increase in the price of btc because I bought btc at a price of less than $20k, that is, I bought at $17k even though the btc that I bought was not much but by looking The current BTC price of course I feel happy and want to thank all the members of this forum.
and I feel that there are many benefits from being on this forum. I can learn a lot from forum members who are experts in crypto, especially bitcoin.
I hope that during the bull run, BTC will penetrate more than $100k and I plan to continue holding BTC until the bull run.
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.
You already have a plan and that is, a long term investment and by all means you should stick to it.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.
Of the Atletico goes down, does it mean it won't go up again in time? It definitely will and as such, holding doesn't seem like a bad idea.
If your considering taking profits now after buying from $17k and with the market now at $23k as opposed to the $22k when you created this thread, you have benefited a little compare to what is to come.
In all, I would urge you (OP) to DYOR and do what gives you peace of mind. If the profits you've got is good enough for you, then you can as well take it but, its always going to be an up and down market so, the up will come when it will.
Selling and holding should be your decision and not going to come from the others that you're asking about it.
You decide and blame yourself for whatever will be the outcome, good or bad outcome then it should be your whole responsibility to take care of. But just as you're asking for advise, there's always these two.
1. If you want to take the money and happy with the profit, sell.
2. If you're long term and want to see more potential profits then, hold.
You decide and blame yourself for whatever will be the outcome, good or bad outcome then it should be your whole responsibility to take care of. But just as you're asking for advise, there's always these two.
1. If you want to take the money and happy with the profit, sell.
2. If you're long term and want to see more potential profits then, hold.
Just as the title of your post stipulates, you still have to hod up in order to achieve your desired success. Remove every negative thoughts that the market value will depreciate again, nevertheless, its a global market but positivity must put in place in order to achieve greater results. Just chill, sip cold drink and expect a huge return. I'm a beginner too
Forget it and never look at the market, it will be one way for the main goal to go according to plan. You have passed the first phase of facing temptation when you find out that the price of Bitcoin has started to increase, your decision to hold assets in your wallet must always be consistent. Never feel afraid that the price of Bitcoin will return to its basic capital, your journey is still long, Let your money continue to be in Bitcoin until the price breaks ATH.
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 don't think you have to be any worry for that the bitcoin price will drop again to 17000 because you already take the investment as long-term so there if bitcoin goes down to more than 17000 you don't have to be worried. 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.
Bitcoin is a perfect choice for long-term invest And if you go to Bitcoin's price history, you will able to see how much it is increasing as the days go by. And since the supply of Bitcoin is only 21 million while our world population is about 8 billion, its price will definitely increase as its demand increases day by day. And that's why you don't have to stress if Bitcoin goes below 17k again if you really take long-term strategy.
Even though Bitcoin is in a bearish market right now, if you look at the picture below you will understand how much it is going to pump in the upcoming halving or bull run.
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