Just hold in patience, nothing can stop the raging bull when it comes

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: GeorgeJohn on March 11, 2024, 07:14:47 AM

To accumulate bitcoin is good, but it's good for someone who has the experience first to accumulate it's bitcoin, because the way I have noticed the young investors or new investors they don't know when to buy and when to sell their bitcoin, they pick a random to sell and buy bitcoin that's while they don't were their problem is emanating from....to accumulate your bitcoin you most have a target and if you don't have a target you will not make any profit in bitcoin, its very obvious that those people that accumulate bitcoin have a plan, and they don't miss out their target.

New investors will have this problem unless they observe the markets for a few months and possibly do dummy trading in between these months before putting in real money at stake.

Buying at the high and selling at the low are often common mistakes and lead to hair-pulling moments after realizing the folly. This can be easily avoided too if you are knowing about the market cycles and the charts.

Like at this point the bull run is regaining after the correction from the all time high that was hit. So this is again a time to sell and not buy, rather the buying time was in the correction.

Wiwo

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The best way to stay away from untimely loses is to always be ready to look away from every market manipulations and hold for long terms basis because if you believe so much in bitcoin current market at whatever time, which are just temporary price changes, and those changes will only make the bitcoin speculation to be exciting most especially for those who understands the DCA approach.

But for long term holders they have gain alot and are still holding since the investment formula since the have a time frame for the investment to materialise, one needs to lock the bitcoin for a period of time before he takes his profits.

GeorgeJohn

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Quote from: Troytech on February 16, 2024, 08:17:20 AM

Just hold and keep patience right by your side.

It's only experienced investors that have larger experience of investment that can invest in bitcoin and hold it for longer periods, some people just don't know the objective of holding a coin and some people make a decision of holding a coin at the wrong time, this is what is involve in holding of coins from my perspective, so I believe that in cryptocurrency the more you invest neither you lose or you benefit the more your knowledge get expanded, so the best way to benefit in bitcoin is to buy and hold to your target time, bitcoin is one of the investment that we should handle by timing and hold for long time.

Quote from: TheUltraElite on March 11, 2024, 06:24:20 AM

Quote from: Troytech on March 01, 2024, 03:02:14 AM

I think bitcoin is still in it's investment stage as an asset,

It is used both as a currency and an asset. It was destined to be a currency and endee up being an asset - one that we should procure as much as we can before the supply reduces and it starts to become even more scarce. That does not mean compromising on emergency funds or so, you should accumulate bitcoin but not like an obsession but only as a goal.

Someone may need to sell bitcoin prematurely which is fine because they need the money. They should get back to buying once feasible again.

To accumulate bitcoin is good, but it's good for someone who has the experience first to accumulate it's bitcoin, because the way I have noticed the young investors or new investors they don't know when to buy and when to sell their bitcoin, they pick a random to sell and buy bitcoin that's while they don't were their problem is emanating from....to accumulate your bitcoin you most have a target and if you don't have a target you will not make any profit in bitcoin, its very obvious that those people that accumulate bitcoin have a plan, and they don't miss out their target.

Quote from: Blitzboy on February 18, 2024, 08:10:58 AM

Bitcoin was around 15,000 a long time ago.This serves as a reminder that the market is temporal and uncertain. Cryptocurrency like Bitcoin lives on, grows, and makes us think about what money is.

My advice after years of watching and taking part? Stop chasing the market and trust your gut and your belief in Bitcoin's core values. Joining a cause for financial sovereignty isnt just about making money.

Believers, look past the present. Besides being an asset, Bitcoin stands for open finance. Trusting Bitcoin through good times and bad is a good thing to do. With dedication and knowledge, each step gets us closer to a time when people have control over their own money.

When you are investing in bitcoin we should have that trust and believe that you will make a profit..unlike as you said that price of bitcoin was 15k before but look at now, currently the price of bitcoin, so anyone who purchased during the time the price is at twenty-five thousand [25k] hold till date I think the person has made a profit, so let us not be surprised or underrate the features of bitcoin.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Troytech on March 01, 2024, 03:02:14 AM

I think bitcoin is still in it's investment stage as an asset,

It is used both as a currency and an asset. It was destined to be a currency and endee up being an asset - one that we should procure as much as we can before the supply reduces and it starts to become even more scarce. That does not mean compromising on emergency funds or so, you should accumulate bitcoin but not like an obsession but only as a goal.

Someone may need to sell bitcoin prematurely which is fine because they need the money. They should get back to buying once feasible again.

Marykeller

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Quote from: Negotiation on February 16, 2024, 09:36:07 AM

Investors are very scared because of the decrease in the value of bitcoin. But after the halving every investor is optimistic that bitcoin will reach new highs the crypto market always goes up and down pushing the value of bitcoin up significantly. That's why you have to wait patiently for a long time to get good results. In the end those who can wait will benefit more there are many investors who get frustrated and sell when the price goes down this is the wrong decision as the price of bitcoin is a sign of a bearish high. Wait patiently and get high profit.

Any investor who finds themselves scared because of the volatility of bitcoin doesn't know the potential of bitcoin because if they do, they would have known by themselves that bitcoin is not a get-rich scheme. It has an uptrend and downtrend movement that makes it unique from every other asset. Whenever there's an increase or decrease in her price, it serves as an advantage to her investors. For instance, if the price decreases, it is the best time for investors to accumulate more bitcoin in their portfolio. If it increases instead, investors will be at profits. However, whichever one that happens(increase or decrease), investors are at an advantage in their bitcoin investment.

0t3p0t

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Peace be with you!

Quote from: alexforneus on February 16, 2024, 08:28:07 AM

Patience is the key here, but people usually don't have it. We will see a lot of sellers right after next dip

Sad reality but it's their choice to sell so early. I think we still need time to wait for a much better take profit. Only those who has strong hands will surely benefit the maximum profit Bitcoin will offer in the near future. Weak hands make profit as well but they will miss the possible peak.

Troytech

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Quote from: TheUltraElite on February 29, 2024, 08:42:36 AM

Quote from: Troytech on February 20, 2024, 05:03:24 PM

What I recommend doing is for us to allocate a percentage of our earnings to savings that we can bounce back to in case we encounter emergencies in the future, and this savings are not to solve just any problem but only emergency and that's why we label them emergency funds.

Emergency funds should always be kept separate.

Bitcoin buying and selling should be kept within the monthly income amount allocation but should be flexible to increase during bear runs and held back during the bull runs. The basic strategy is to buy during the drop and for that you have to be patient and wait till it happens, but then not falter while its dropping but buy and then stop to see what happens next. If it continues to drop, buy again and then at one point just sit tight wait for it to correct.

At present seeing the bull trend upward, I hope people are selling to consolidate profits and soon going to stop making any trades till the turn back happens.

Yeah for someone using DCA being flexible around your investment isnt a hard thing all you have to is set your buy oders to be higher during the bear and lower during the bull, that is to have lower buying average cumulatively, the idea of profits on bitcoin is how much did you buy and how much is it worth now.

I think bitcoin is still in it's investment stage as an asset, it still offers that opportunity but with years to come when owning up to a bitcoin would be up to 1 million dollars or higher, you won't even want to sell your holding to make any profits cause the chart would be moving slowly like gold right now, the idea here is to own as many bitcoin vas possible with your disposable funds so that at the end of like 10 years you might have accumulated up to 20 bitcoin for yourself and that's when the real profits comes in.

Gormicsta

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Quote from: $weetne$$ on February 17, 2024, 02:08:17 PM

Quote from: Ricardo11 on February 17, 2024, 07:01:23 AM

Every investment will be successful, if the investment is long-term. Almost every Bitcoin investor thinks and hopes that Bitcoin will soon reach new highs and it will be above 100k. Bitcoin price is currently on an growth. Currently, the movement of Bitcoin price increase proves that Bitcoin will definitely succeed. In order to achieve only good, Bitcoin must be held for a long time. So just hold long time, and keep biggest profit.

Not every investments is successful when they're long term, some investment are meant for short term because they're just hyped projects and doesn't have any strong useable abilities of the project. Only Bitcoin can be said to be a long term investment because of history and how Bitcoin was built. Bitcoin price hasn't reached it's highest potential and it still has many room for growth, the price of Bitcoin will keep growing everyday because of the adoptions of Bitcoin. Bitcoin is going to be bigger than it's currently, because many people are beginning to understand the concept of Bitcoin. More rich people's are begining to see how important Bitcoin is good to be to the future economy and they're investing in Bitcoin while we're here doubting the success of Bitcoin and we'll miss out.

Indeed, majority of the Altcoins are designed to provide short-term gains. I always advice investors who are looking for short-term gain to focus more on altcoins because Investing in Bitcoin with the intention of making quick gain might make you incur unimaginable losses for yourself because Bitcoin isnt like every other tokens, to really reap the actual benefits of Bitcoin would be to buy and HODL for as long as you can, that way you'll also be saving yourself the emotional stress that comes with dips and other dramatic trends following the market

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Troytech on February 20, 2024, 05:03:24 PM

What I recommend doing is for us to allocate a percentage of our earnings to savings that we can bounce back to in case we encounter emergencies in the future, and this savings are not to solve just any problem but only emergency and that's why we label them emergency funds.

Emergency funds should always be kept separate.

Bitcoin buying and selling should be kept within the monthly income amount allocation but should be flexible to increase during bear runs and held back during the bull runs. The basic strategy is to buy during the drop and for that you have to be patient and wait till it happens, but then not falter while its dropping but buy and then stop to see what happens next. If it continues to drop, buy again and then at one point just sit tight wait for it to correct.

At present seeing the bull trend upward, I hope people are selling to consolidate profits and soon going to stop making any trades till the turn back happens.

Troytech

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We have talked a lot about patient to hold bitcoin for long and I think we also need to talk about building up ourselves in term of emergency, nothing disturbs our bitcoin holdings like emergencies that occur, just imagine planning to hold your bitcoin for 7 years and 3 years or even months in an emergency like health challenge occurs or even some unwanted billing that you must take care of, and if you don't have cash at hand you would have no choice than to dip your hands in your bitcoin and solve that problem.

The solution to emergencies in investment is to build ourselves up in cash as we invest and I mean saving money for emergency that may occur along the line to claim our effort and also building up reserves, a smart investor doesn't only invest in asset but also knows to keep money around in case something happens that can threaten his investment.
What I recommend doing is for us to allocate a percentage of our earnings to savings that we can bounce back to in case we encounter emergencies in the future, and this savings are not to solve just any problem but only emergency and that's why we label them emergency funds.

I owe this knowledge to the buy the dip and hold tread and courtesy @JayJuanGee

teamsherry

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Quote from: Bullwalk on February 18, 2024, 08:12:19 AM

Quote from: Troytech on February 16, 2024, 08:17:20 AM

I do remember earlier this year or so, when bitcoin just showed its first sign of bull or we were still anticipating, i tried telling some of friends that we might be entering a bull soon cause for a while now since 2021 bitcoin has not come anywhere near its last ATH and some of my friends that lump summed during that period are still on a lose on their portfolio and were thinking of selling, even when bitcoin reached 41k and then reduced back to 35k when Grayscale where selling massively I could see lot of tension on some persons, then it occurred to me every time something new wants to happen in bitcoin history it always brings this panic that causes the weak hands to sell, I did my best telling them to hold a little longer and I won't blame them, especially when what they had planned to use the money for is due and some would say how would you know what it's feels when your just starting, yes true I might not have been in the business of holding for long but one tho I am sure about is nothing can stop the raging bull when it comes.

We all know that bitcoin would only continue to be scare as times goes, right now their is no asset that can be more scarce than bitcoin, not even gold and bitcoin offers more than an investment opportunity but also a good store of value.
And right now I can see a lot of happy faces as bitcoin reaches a new hight of 51k, I do believe a little correction might occur, but let's not be surprised that all our patients and steady buying might payoff soon as bitcoin can reach a néw ATH of 100k, its still early in the year and who knows what to expect.

Just hold and keep patience right by your side.

/

How long do i need to hold ? i think its more better to make invesments and profit more rather than just wait

Good question you've asked, historically bitcoin has favoured long term investors more than short term investors, have you heard about compounding value?, bitcoin investment increases exponentially over time and its often gives more profit when we hold longer, and short term investment might not always pay off since you are trying to time the market and make profits from it, one thing I'm sure of you can't actually predict where the price of bitcoin would move next, if you were in bitcoin when it hit 49k easier this year the price suddenly corrected to 35k and this sudden movement was not expected since we were all seeing signs of bull or was already in the bull, so if you bought at 49k and you have not developed self control you might sell thinking the price would drop further, its risky practice to engage in short investment but it doesn't mean it won't pay off, but long term holders are more guaranteed to profit since they help promote scarcity in the market and surely the price would get more expensive if more people start holding.

peter0425

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Quote from: Text on February 16, 2024, 09:34:18 PM

I remember those discussions I had when Bitcoin was making its movements and the skepticism in the air.
I will hold on during the dips and not panic, I know that during these times the market weeds out the weak hands.
I keep a long-term perspective; I am on the journey toward a potential new ATH that keeps the excitement alive. I hope my patience and strategic buying will indeed pay off, patience is also indeed a virtue in this space.

right on that mate, Holding will still save us.

_______________________________________________

To OP:

Since you have a good sight in the market dont felt bad when your friends did not listen to your advise because its their money not yours .
an d also a holder will always be a holder so it will take some time for them to analyze and understand .
HOLD guys , our chance is here now.

southerngentuk

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Totally your call, no judgment here. If you snagged Bitcoin way back when at $15k, good on you for riding that sweet, sweet wave! Taking profits when the market's on fire can be a smart move, especially with Bitcoin's wild swings. But nobody has a crystal ball, you know? Predicting that $80k crash followed by a nosedive to $35k might be, well, a tad ambitious. ‍The cryptoverse is unpredictable, and who knows what future rallies or dips are in store. Selling 70% now feels like playing it safe, but it also means potentially missing out on even bigger gains down the line. Remember, holding for the long term has its perks too. Just make sure you're not letting fear or greed cloud your judgment.

CryptoHeadlineNews

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Quote from: Bullwalk on February 18, 2024, 08:12:19 AM

Quote from: Troytech on February 16, 2024, 08:17:20 AM

And right now I can see a lot of happy faces as bitcoin reaches a new hight of 51k, I do believe a little correction might occur, but let's not be surprised that all our patients and steady buying might payoff soon as bitcoin can reach a néw ATH of 100k, its still early in the year and who knows what to expect.

Just hold and keep patience right by your side.

How long do i need to hold ? i think its more better to make invesments and profit more rather than just wait

There is never a specific interval of time for an individual expected to hodl his/her Bitcoin investment, as it could either be 6months, a year, 5yrs or even 10yrs as the case may be, inasmuch as the investor is quite okay, ready and willing to wait for such long period of time, since the longer you keep hodling, the more likely you are to make/earn more profits due to it's volatile nature (i.e 1 BTC = $51k current price today).
Secondly, Bitcoin is an investment asset itself, but yet that doesn't stop anyone from making moves into other alternatives means of investment, but instead it is better to keep long time fund in Bitcoin rather than leaving it in fiat.

Bullwalk

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Quote from: Troytech on February 16, 2024, 08:17:20 AM

I do remember earlier this year or so, when bitcoin just showed its first sign of bull or we were still anticipating, i tried telling some of friends that we might be entering a bull soon cause for a while now since 2021 bitcoin has not come anywhere near its last ATH and some of my friends that lump summed during that period are still on a lose on their portfolio and were thinking of selling, even when bitcoin reached 41k and then reduced back to 35k when Grayscale where selling massively I could see lot of tension on some persons, then it occurred to me every time something new wants to happen in bitcoin history it always brings this panic that causes the weak hands to sell, I did my best telling them to hold a little longer and I won't blame them, especially when what they had planned to use the money for is due and some would say how would you know what it's feels when your just starting, yes true I might not have been in the business of holding for long but one tho I am sure about is nothing can stop the raging bull when it comes.

We all know that bitcoin would only continue to be scare as times goes, right now their is no asset that can be more scarce than bitcoin, not even gold and bitcoin offers more than an investment opportunity but also a good store of value.
And right now I can see a lot of happy faces as bitcoin reaches a new hight of 51k, I do believe a little correction might occur, but let's not be surprised that all our patients and steady buying might payoff soon as bitcoin can reach a néw ATH of 100k, its still early in the year and who knows what to expect.

Just hold and keep patience right by your side.

/

How long do i need to hold ? i think its more better to make invesments and profit more rather than just wait

Blitzboy

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Quote from: KingsDen on February 17, 2024, 06:50:04 PM

FUD is an inevitable attribute of the cryptocurrency industry and also of the mother coin - bitcoin. People are always willing to jump in when the train is on the green lane. No matter how high it is, people will still jump in believing it will go more high. But when it is low, a few will buy while majority will think it will go low the more. So, only the people who has studied the nature of the market and stick with bitcoin make good profit from it.

We were all here when bitcoin was at the region of 15k, not quite long. Some others were waiting for it to hit 10k before they buy, others waited for 5k, a few started DCA while some but in bulk at the discounted price. That is how it works,any people missed the 25k region, 20k region, 30k region, 40k region and will also miss this 50k region. Maybe they will buy from 70k when there's a new ATH and the sell pressure at 100k might likely force the market back to bear and they'll panic and sell at lose.

Bitcoin was around 15,000 a long time ago. This serves as a reminder that the market is temporal and uncertain. Cryptocurrency like Bitcoin lives on, grows, and makes us think about what money is.

My advice after years of watching and taking part? Stop chasing the market and trust your gut and your belief in Bitcoin's core values. Joining a cause for financial sovereignty isnt just about making money.

Believers, look past the present. Besides being an asset, Bitcoin stands for open finance. Trusting Bitcoin through good times and bad is a good thing to do. With dedication and knowledge, each step gets us closer to a time when people have control over their own money.

Yamifoud

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Price corrections are inevitable, but no losses happens if we are able to hold tight. I'd never say this is difficult in reality if we are certain about what we want to see results of our investment. I see how important to develop a positive kind of thinking and mindset for this will drive us to the right path and passive results.

Hearing FUD is not new to us and it makes change your market views. But keeping our mind firm on our goal is certainly no effect. Trust really matter here, it is an influential factor that help us decide to hold despite price corrections.

KingsDen

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Goodnight, o_e_l_e_o 🌹

FUD is an inevitable attribute of the cryptocurrency industry and also of the mother coin - bitcoin. People are always willing to jump in when the train is on the green lane. No matter how high it is, people will still jump in believing it will go more high. But when it is low, a few will buy while majority will think it will go low the more. So, only the people who has studied the nature of the market and stick with bitcoin make good profit from it.

We were all here when bitcoin was at the region of 15k, not quite long. Some others were waiting for it to hit 10k before they buy, others waited for 5k, a few started DCA while some but in bulk at the discounted price. That is how it works,any people missed the 25k region, 20k region, 30k region, 40k region and will also miss this 50k region. Maybe they will buy from 70k when there's a new ATH and the sell pressure at 100k might likely force the market back to bear and they'll panic and sell at lose.

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Quote from: Raflesia on February 17, 2024, 04:11:02 PM

There are no more appropriate words than to be patient and continue to wait until that time comes because in the end when the bullish trend begins as it is happening now and makes some gaps to continue to be able to get even better things in the future then everything will feel very beautiful including with the portopolio that we have today.

Many people always say when in Investment actually buying and selling is an easy step but holding in the end is always the main problem and that is the truth because holding will be very hard to do especially when bitcoin experiences corrections and declines that take a lot of victims like what happened in 2020-2022 but in the end we must also realize it is a process that must be lived and we must remain confident in the process because no matter what when we make it through that phase and stay with hodling and trust for bitcoin then in the end the benefits will be obtained as we expected before.

With bitcoin, knowing it’s highly volatile, the biggest challenge actually is how to hold your coins patiently without resorting into panic selling due to sudden market corrections. Because admit it or not, our main goal here is to make continuous profits, so if we start seeing that the market suddenly changes its position and price decline will eventually happen, we tend to overreact and become emotionally bothered. That’s why some resort into wrong decision making and sell their coins earlier than their target selling price. Well, as long as they sell in profits, that’s still good enough but if only they were never distracted with its price correction and just continue to hold longer, they might have gained bigger profits when they decide to sell.

Raflesia

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There are no more appropriate words than to be patient and continue to wait until that time comes because in the end when the bullish trend begins as it is happening now and makes some gaps to continue to be able to get even better things in the future then everything will feel very beautiful including with the portopolio that we have today.

Many people always say when in Investment actually buying and selling is an easy step but holding in the end is always the main problem and that is the truth because holding will be very hard to do especially when bitcoin experiences corrections and declines that take a lot of victims like what happened in 2020-2022 but in the end we must also realize it is a process that must be lived and we must remain confident in the process because no matter what when we make it through that phase and stay with hodling and trust for bitcoin then in the end the benefits will be obtained as we expected before.

Topic: Just hold in patience, nothing can stop the raging bull when it comes (Read 715 times)