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Topic: IS HOLDING TRULY THE SOLUTION TO DROP OF BTC PRICE? - page 4. (Read 1935 times)

legendary
Activity: 2576
Merit: 2880
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I mostly see a lot of post skirting about the issue of decrease in bitcoin market price by saying hodl, hodl of which i mostly do not get them. Assuming we all decide to hodl without any transaction that means with time btc will drain and what will be the essence of the coin. We should always be a family to embrace the state of price no matter what and ensure buying and selling in order to at least have a significant effect on market price. I hodl, you hodl and we all hodl and btc will drain just like that.
Holding makes sense in period like this one, if everybody starts selling then the price would drop at a level I don't even want to think about... Of course you're right that if all the people hold the coin is gonna die, it's been made to be used, but this is a different situation.
hero member
Activity: 1148
Merit: 504
I think the solution is to find out why the BTC market is down, if the price drops too sharp then the best option is to hold. and do not panic sell, I also hold my coin because I believe I will make a big profit in the future.
Holding is not the only way and not the main choice, you must first analyze why prices go down and whether prices will continue to
falling or not, then if you see there is still potential to go up, you can choose to hold it, but if price will continue to going down, you can think to sell it
member
Activity: 112
Merit: 10
I think yes, holding is the solution to drop of bitcoin price. We should hold our bitcoin when the value drops. But there are panic sellers who start selling in the bear market. We can’t control the users and investors of bitcoin. So the best way to do now is to hold bitcoin to increase bitcoin’s price and earn many profits in the future.
jr. member
Activity: 154
Merit: 1
I agree with you that we must be active in the market in order for it to grow and develop but invest in long-term, I think this is also a very good idea
jr. member
Activity: 392
Merit: 1
Holding of bitcoin is not the solution to bitcoin price dropping but massive selling which is known as dumping can most time cause excessive dropping in price. What can cause dropping or rising in price of bitcoin is the rate of adoption.
I dont think the hodl approach is the only solution to preserve bitcoin's value. Personally, I believe the hodl approach is good to uphold the great value of bitcoin. We can also incorporate bitcoin in our daily business transactions. This is a better way to protect bitcoin from falling and not only the HODL approach.
hero member
Activity: 1330
Merit: 502
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Holding is the solution. When bears are dumping they still gain profits because they bought it earlier, but when sell pressure is decreasing(what we currently seeing) then holders are going to be rewarded because they didn't sell to the whales. Whales are looking to pick up cheap bitcoin, but if everyone hold and nobody sell they will start to pump it Cheesy
jr. member
Activity: 1330
Merit: 7
From economics point of view, scarcity of an item/goods or anything of value results to increase in the price so far there is demand for such goods/items. It is still applicable to bitcoin. However, it is inevitable that people have to make transactions, buying/selling of goods and services using bitcoin. This results in fluctuations in prices. If the buying increases more than the selling, there is likelihood of increase in price because the commodity (for example) bitcoin is now scarce, thereby, increasing the cost of the commodity (I.e. bitcoin).  So, holding have a way of increasing the price, but not everybody want to hold. If those that hold, may not hold it long enough. All these activities have effect on the price of bitcoin.
full member
Activity: 630
Merit: 102
Holding of bitcoin is not the solution to bitcoin price dropping but massive selling which is known as dumping can most time cause excessive dropping in price. What can cause dropping or rising in price of bitcoin is the rate of adoption.
newbie
Activity: 7
Merit: 0
I think the solution is to find out why the BTC market is down, if the price drops too sharp then the best option is to hold. and do not panic sell, I also hold my coin because I believe I will make a big profit in the future.
newbie
Activity: 33
Merit: 0
NO, I don't think that a good idea. First, people still do the transaction even the investor do or not, so there will never a stop of bitcoin like you consider. Secondly, even when everyone don't do the transaction, if price will rise ? no , it is impossible
newbie
Activity: 9
Merit: 0
Historically the best thing you can do with Bitcoin is forget you own it. Right now the only thing to do is wait. Accumulate when you get a little extra money. Build up a supply and continue waiting.

Same thing you do when you're buying stocks in a bear Market. You're looking years down the road to cash out
sr. member
Activity: 679
Merit: 254
Holding is the best solution at the moment, when the price of Bitcoin is falling sharply, the most important thing in bitcoin investment is being able to withstand emotions and always be patient waiting for the rising price of bitcoin. For me the most important thing is to always be convinced of the power of bitcoin and believe that bitcoin prices will definitely come back going up, so that we will always be calm in the face of the situation of falling bitcoin prices and ultimately will benefit through bitcoin investment.
member
Activity: 854
Merit: 10
If we lose the value in the market then it is always good to hold them instead of panic about the price. We don't know when the price of Bitcoin will start increasing and instead of selling it for loss better hold it until the price starts increasing again in the market until then we have to hold them.
hero member
Activity: 1036
Merit: 504
There are a lot of early adopters daily selling a lot of Bitcoin because they are making huge profits. Those 15 and 16 year old miners are now multi millionaires so for them selling a few Bitcoins a day to sustain their lifestyles is nothing. I do not think everyone wants to just hold Bitcoin right now, the selling pressure is always there. Some got Bitcoins for nothing or very cheap so selling them at 6k a Bitcoin is very attractive to them.
full member
Activity: 812
Merit: 100
I mostly see a lot of post skirting about the issue of decrease in bitcoin market price by saying hodl, hodl of which i mostly do not get them. Assuming we all decide to hodl without any transaction that means with time btc will drain and what will be the essence of the coin. We should always be a family to embrace the state of price no matter what and ensure buying and selling in order to at least have a significant effect on market price. I hodl, you hodl and we all hodl and btc will drain just like that.

There is still possibility for bitcoin price to come back skyrocketing just like last year if you patient enough.
Always be able to afford your lose if you want to buying crypto, so you dont have the urgency to liquid your coin in the bear market like this.
If i buying coin with pressure and cannot lose my money, i won't be able to hold with high patience because i need the profit quickly.
sr. member
Activity: 430
Merit: 250
The crypto market continues to grow, and in the market there is always a sale and purchase transaction, this shows that there is always someone who sells every day, and there is always someone who buys and some who hold it. My principle in investing is where I will continue to hold before earning a profit, it's better to be patient waiting than I have to lose, whatever risks that occur in the bitcoin investment that I do now, I will stick to the initial principle when I invested bitcoin, namely always trying to make a profit and always be patient in waiting for price increases. For that I will not think about other circumstances, other than holding and waiting until the time comes to sell by gaining profit through.
sr. member
Activity: 826
Merit: 256
If you don't want to fall into holding your bitcoin for long time then be sure to buy it in lower price so you can sell it the next time the price go up. Holding is still one of the effective strategy in recovering your losses from unexpected price downtrend. But it works mostly on coins that have the potential to go up in the future like bitcoin, ethereum, ripple and other top coins.
legendary
Activity: 1596
Merit: 1034
For Bitcoin this is probably good way or solution because Bitcoin has strong value, but for other major crypto or altcoin probably it is not recommended because we see that there are many Altcoins are losing out the value. Holding is not proper now otherwise we will lose our assets.

For those who believe that bitcoin will continue to strengthen may prefer to hold it while for people who always want to get profits every day may prefer to trade altcoin by using some of the bitcoin they have because by trading altcoins the price movements are much more active compared to bitcoin which is very stable to date.
hero member
Activity: 2464
Merit: 550
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holding can be one of the best ways to keep the assets that you have because when you panic and sell the cryptocurrency that you have at a low price, what you will get is only a loss so you should be able to hold the bitcoin you have until the price becomes very expensive.
member
Activity: 322
Merit: 16
in my opinion there are indeed some effects of the many traders or investors who hold hold for example as you mentioned above, but it cannot be used as the main benchmark that prices go down because many do hold, in my opinion there are many other factors that cause bitcoin prices to decline or weakened like a factor of many fake news government regulation factors and others
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