Topic: Just hold in patience, nothing can stop the raging bull when it comes (Read 600 times)

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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

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.

right on that mate, Holding will still save us.

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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.

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.

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.

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

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.

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.

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.

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.

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.

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.

And that's the main reason long term holders should plan for emergencies too, cause that's the real enemy of holding, if something really urgent occurs and you have no emergency funds at hand or maybe reserve cash your only next option would be to dip your hands into you holdings to solve such problems, I think it's necessary for us to always build our emergency funds and reserves as we are investing in bitcoin if we really want to hold as we plan too.


Everyone has a withdrawal plan but I don't think It should be within our first 4 years of holding especially if we are using DCA, just how much bitcoin have you accumulated that your planing on seeling, we all know bitcoin has very good potentials and we are sure it would continue to gain value over time as the law of scarcity supports, I thi k everyone should also have an amount of bitcoin they don't plan to sell or liquidate any time soon and by soon I mean in the next 8-10 years or so, but I guess it's a thing of choice at the end of the day, not everyone would see the same potential in bitcoin.

You don't want to sell and then start think about starting the whole accumulation process again, at least reserve a little for longer term holding

It's clear that in this space, patience is always especially important, opportunities always exist and they don't come into everyone's pocket but you have to find them yourself.

I would say that the excitement and also the factions are waiting for a correction or are still skeptical with the market, and everything brings a market with winners and losers. In the long term, patience is probably always the most basic investment strategy. I have a little hope that we will be able to reach a new ATH in 2024.

what you did to your friend was a good thing and now it has been proven that the price of bitcoin has shown good things and of course this is the impact of the btc Halving soon. and I am also happy to see the increase in the price of bitcoin which has managed to reach $52k and this seems to be proof that bitcoin has great potential to break through to a new level and indeed we have to be patient and strong enough to hold on and indeed if the bull is raging it is certainly very difficult to stop it.

I think there are certainly many people who are happy now, like the people who bought BTC at a price of less than $20k and are still holding strong until now. Yes, if Bitcoin reaches new ATH, of course that is the hope of people who invest in BTC, hopefully it will reach $100k.

But yes, patience is really needed and that is one of the keys to successful investing in BTC.
Of course, the highest price peak for BTC will be during the Bull Run.

Well, we are still not sure about what will happen in the next bull run: will bitcoin reach another ATH or all-time high, or will it just have a full-blast increase in price? We noticed in the recent news in the bitcoin price that it touches 51k dollars, which is a good position if it happens you buy bitcoin when its price drops below $40k when the ETF has been approved. Luckily,  I brought some satoshi there and it gained a good profit that I was not expecting. Do I sell the assets? No, I will see until the next bull run comes; I'd rather aim for a higher one as I know bitcoin will not disappoint, but of course I have grounds why I decided to wait for more until I sell some bitcoin assets; it's not just by instinct or what; I have done some analysis and thinking.

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.

It's not just with long term investors alone, the regular investors know this too. Except for emergencies of health and exigencies, I don't think anyone should sell now. I won't even encourage anyone to sell whatever altcoins they're hodling now untill we've passed the Bitcoin halving. April is just around the corner for that event and so a little more wait won't kill anyone.

Three years from now will be in the midst of another bear season. Anyone who hodls beyond 2025 is likely to have their portfolio dipped. This year and next will create more profit for anyone who invested early this year or last year and it will be wise not to let it lie idle in a wallet for the bear to catch up with it again.

Yes, That's what I said as well. ETF is one of the reasons of Bitcoin has pumped, But it is not the only reason why Bitcoin started to gain again. Bitcoin was around 25-27K for a while and suddenly increased to the 40K to 45K range even before the ETF approval. So, I won't say that Bitcoin pumped just because of the ETF approval. But, it has an effect.

I have a feeling that the Bull run already started. Maybe this is too early to judge, but the bull run has started already. Probably it will have more fuel once the halving is done.

Yes patience really plays an important role while investing for long term. I am observing currently that many people are happy by seeing Bitcoins crossing 50k usd. They are even selling the coins in this cheap price. This only proves that they don’t have proper knowledge about the coin, and undervaluing it. If they could have shown more patience, then definitely in next few months they could have made double the price by selling it. Nevertheless, we can’t force the others. Let’s see how much more time Bitcoins take to cross the ATH price.

Because sometimes some people caught up with the idea that there will be a correction to come but they didn't know on when this one to happen that's why they always got afraid on situation that they think to risky to them that's the reason why sometimes they commit mistakes regarding on their supposed to be holdings.

Its important to gain knowledge and I understand that newbie will came into this situation since we all experience that and once they learn to hold on their patience also they will not affected with any news for sure their decision to hold will not get affected by any fuds spread.

Sometimes its not about the length but all about how the market reacts when somethings bullish trend will happen.

The problem Is not everyone would have that patience to hold bitcoin for another 3 years or so and even with the bullrun coming you would still holders shaking cause of uncertainty and we can all say that one of the reasons we are so confident about bitcoin is we are in a crypto community with a lot of experienced people and for those outside it takes a lot of research and determination for them to hold with confidence, some are already selling with the little Profile on their portfolio some would sell if a little price correction comes and maybe we are back to 45k or 48k, lots of weak holders out there bro.

And I guess you were trying to say something different here
"The longer you wait, the greater the chance that your investments will achieve a loss. Less and so on.", bitcoin has proved by history that the longer you hold the more the profits and this is because holding causes the asset to be scarce and therefore it increases in value, so i think you should edit that statement unless you have some fact you want to share.

Depends on the individual. We've seen a few stories in the forum of users barely making ends meet but investing in Bitcoin simultaneously. These individuals are way more likely to sell earlier than someone who's better off financially. I personally have a job and a steady source of income; any Bitcoin I have is through signature campaigns; therefore, I don't need the money in the near future. There are others, however, that may consider taking profit, provided that they've bought at a lower price, as there have been an abundance of opportunities in the past two years.

I also believe that there's a large number of traders who have sold or are willing to sell and proceed to wait for the upcoming dip to repurchase at a lower price.

Because of the volatility of bitcoin, it is always advisable to buy with money you can afford to lose and never invest with money you expect to use later. Investing in cryptocurrencies is not for the weak. It's really not easy to invest and watch your money decline.  Some people invest primarily out of fear of missing out, because they hear about how bitcoin grows and how people profit from it, they become interested because of this profit potential without seeking any form of knowledge about it. However, because they lack knowledge, some of these people even go so far as to lend money to make investments, which is a very bad idea when it comes to bitcoin. Lending money, using money intended for other things to invest and also investing more money than you can afford are all terrible ideas for bitcoin investment, because when things go bad and price doesn’t move as expected tension will begin to escalate, people will begin to panic and they will be forced to sell their bitcoins despite running at loss


We are all thrilled that the much anticipated bull run is almost here. Those investors who were able to maintain their position during the bitcoin price decline will be excited to see the rebound, their perseverance has finally paid off. On the other hand, those who were unable to hold out and panicked will be kicking themselves for having sold their bitcoin. Because of bitcoin's potential, we should be aware that it will always recover from price drops. As a result, those that believe in it will never sell their coins, especially not while they are at loss. The secret to being a good investor is patience.

As long as what we hold is Bitcoin, there is no doubt, even though the risk will still exist. Patience and determination are the main keys in waiting for the bullish season to come, because no one will know for sure when it will come, it could be sooner or later than our predictions, but what we need to believe is that it will definitely come by forming a new ATH, so we must be able to strengthen our hearts

Not all because not all are also willing to understand the volatile condition of the market. Because what is in their mind is that it is all in the pump and when the dip comes, they are in panic selling and assume that it will be the end of crypto and sell despite losses.

FUDs are an influencing factor for someone who is also in doubt and will think about selling during the correction. But those who have faith will take their breath and hold until the bull season comes. It was not wrong about selling but at least we made some profit, not with loss. It is necessary to stay strong and keep in mind that we are investing for the sake of making money, not just wasting it. 

Bitcoin is a profitable investment, so no need to doubt it and think negatively when the price drops as it eventually recovers after.
Patience, yes, that is what we are supposed to do.

By this strategy, you are DCA your taking profit and it is a good strategy for taking profit.

With this strategy, you won't have to guess what is Bitcoin's new all time high, when is good time to take profit with only one sale. You will avoid a lot of uncertainty, headache by applying this strategy. More important, it will help you avoid missing a bull run and even new ATH.

If you wait for a new ATH, when it is confirmed, you already miss it and even stuck in a bear market. If you realize it too late, you can stuck in bear market with price lower than your entry, so you will have to wait like 3 or 4 more years to take profit with a next halving and next bull run.

I can not disagree with you.

When Wall Street (Bitcoin Spot ETFs and investors spend money through those ETFs) are buying because they believe in future of Bitcoin and believe in new all time high, we as Bitcoin holders, if sell our bitcoins now makes no sense.

We will have big regret later if we sell our bitcoins, part of it or all of it, now.

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.

Selling now it makes little sense, everybody who has been in the crypto world for a while should know that. And being patience is probably the key factor in the crypto world, it's not easy, it's stressful, sometimes you really want to give up but if you make it you are compensated with some major rewards and huge satisfaction! I believe too that this cycle we'll see $100k.

Right. Setting multiple sell prices in increments makes sense ansd gradual selling can help mitigate the risk of missing out on potential gains if Bitcoin continues to surge. Helps avoid FOMO or selling too early. Just ride the waves and cash in gradually

We cannot get anywhere in the market without making some mistakes. We all made mistakes and learned from them. The most important thing is that we learn the truth as a result of the mistakes we make and do not repeat these mistakes in the future. That's why there are many new investors in the market making the moves you mentioned. In fact, among the events that cause the market to become active and new users to constantly come, there are also people who make mistakes in the market. While these people learn from their mistakes and make profits from their investments, they tell new investors about their experiences and help them come to the market.

There are all kinds of investors in the market. As we spend time in the market and learn from our mistakes, we make smarter moves. This is a process and many people have gone through these processes and continue to go through them.

also, consider the factor that not all holders can wait for long as they have other needs for their funds. hence, some are selling even if their target price is not reached. as holders have different needs and targets, some are selling even if the price level is below their target. so long it is higher than your buying price, i guess, you can thank yourself for not getting negative on this market. 

With the great surge in Bitcoin price this year, I believe that we will surpass the last ATH of Bitcoin after the Bitcoin halving. This is the time to patiently hold and wait for the peak price. Despite the fact that no one can accurately tell what the actual and last price of Bitcoin will be during the bull market, I suggest that an investor set a certain price at which they would want to sell their coin. If the price of Bitcoin begins to pump more than it has already done, some people will be tempted to sell all their holdings at once, which is not right because they might still fall back to regretting why they sold so early when they see Bitcoin going about $100k or $120k.The approach that I think is more right to sell is to set at least three or four prices at which you expect to sell off your holding in fractions, just like DCA. It will reduce the urge to sell off all asset at once if the price just gets to $65k or $80k.

I'm not sure about it, but did you write something wrong, or did I interpret it differently?
Bitcoin investment for the long term will be more profitable than short term and therefore it is advisable to buy and hold. Investors won't get rich overnight unless they know when $500M comes into the market before the pump starts. Of course they can take advantage of volatility to accumulate assets, but it may take a lot of effort and analysis so as not to lose due to volatility.

Buy now and sell later is highly recommended, especially when the desired target has been met. Its price could potentially reach $100k in the next bull run, some experts even predict it could reach $250k next year. It's too good to be true, so just maximize the opportunities first and reap the benefits later.

See one of the key features of been patient to hold on to your coin even during the dip period is when you are comfortable with losing that coin. This is where some investors actually make mistakes most especially newbies. Once they see a pump happening they FOMO into buying and most at times it is with an amount to huge that they can’t afford to lose or the amount they need in a short period of time. So this kind of investors you can’t simply take them away from panic sells during dips or small pumps.

For me, patience is the main concern; I don't have enough patience. Crypto started moving up when I sold. A few cryptos, including Bitcoin, I am holding, but, for short, when I sell them during the pump, it doesn't go back to that price again. That means my patience power is quite low, or I am too greedy to take a short trade. However, I am still holding a part of my portfolio in crypto and some in stable coins. So when I dump the market, I can take advantage. For the holdings, I won't sell them until they reach the target.

Well we could say a lot of things might have contributed to this Current bullrun cause most of us were expecting it to come after the halving, it could be from the ETF or even most person rushing in with hopes of the bull market so they could take their profits, but what most shocking is that most people fail to understand and have a little faith in what there are doing and help themselves by holding bitcoin for long at least for 4 years when some compounding effect has taken place on their portfolio, many persons still see bitcoin as a get rich quick scheme hence why they can Hold bitcoin for long and that's why i think crypto scam would never end because most person would still prefer to follow to good to be true schemes than hold bitcoin and get that sure 2x or even 8x on their portfolio, I'm not saying 100x or more can't still happen cause I know bitcoin is getting more scare than before and a lot of persons are now grabing onto the idea of HODLING their bitcoin for long than seeking short term profits with it.

If I am honest I was trying to be very conservative with my predictions regarding the price of bitcoin, since I thought that with such a massive market cap it would take bitcoin a great deal of time to reach a new ATH, but with how things are going and how high the price already is before the halving even takes place, I cannot do nothing but to admit I was wrong and bitcoin will most likely reach a value I thought I could not see until the 2028 bull run, not that it bothers me as this is one of the instances in which I am happy I was wrong.

Unfortunately not everyone have that much patience to hold until their desired price. Especially  if they need the money urgently or they are not planning to do long-term hodl. Just do whatever they want, but when it comes to long hodl then it just varies between each trader, they have their own strategy if they are looking for constant profit or something else. Not everyone will sell when bull market, they have other plans to do.

I don't think if any terms Bitcoin investors would ever want to sell off their Bitcoin when they have alternative source of incomes to survive their financial demands while with the awareness that something huge profitable as the bull-run is coming behind the corner sooner or later.

Earlier on, Bitcoin investment requires the inventors to be engaged on Alt financial sources due to the time factors (patient) implied as the formula for Bitcoin Investors to make it appreciably and probably at when there is increments in the market.
I am sure if those friends had sold their Bitcoins before these days of the bull-run, they would be regretting it by now. Although, we still need to consider that no matter how attractive a treasure is, something else which is about human life is worth than it so, literarily depends on how they spent the money sold of of it that would justify their emotional consciences in this fact but yet, "PATIENT is the watch ward if you must make it count appreciative in the Bitcoin crytop industry.

 The current bull market is what we are seeing now and with time I am very sure that the price of Bitcoin might even reach $100k due to the Bitcoin ETF backing. This is the long awaited time and we all how that it's going to last longer than what we expected. Those that already holding Bitcoin before now would know the value of being an holders even when the real bull is yet to come. The crypto market current is worth more than a trillion dollars and with time, it could surpass that amount to what we don't expect due to the current bull movement of Bitcoin and other crypto projects that are in the market.

I agree but I'm also a bit shocked that some people are still selling right before the halving. Where have you guys been for the last 10 years or so? The pattern is pretty obvious, anyone with just above a room temperature IQ should have gotten it. Scary? Going down from $19k to $3k that's what really is scary.  

It always takes time for something to take effect.  So it is a false hope to think that Bitcoin will kick in as soon as the ETF were approved, it will take time and the current progress of Bitcoin shows that its true.  It was stated that one of the reasons why Bitcoin price is rallying is due to the fact that ETF has gained momentum and its volume is getting larger and larger.

I don't know if the bull already started but I agree that one of the key points in getting profit in Bitcoin is having patience.  By holding Bitcoin and waiting for years is not in vain because Bitcoin market performance often peaks every 4 years and often starts when the halving happens.


True, the approval of ETF brings more fuel to the upcoming (possibly started) Bitcoin rally to new ATH.

Honestly with SEC approval and upcoming halving of Bitcoin these two events is a very clear indicator of likely upsurge in the price of Bitcoin and long term investors are very much in anticipation of the new ATH, though the Greyscale dump really affected it price of course price history of Bitcoin always shows a any major price corrections resulted to bullish sentiment, now that the price had reached $52K definitely with all indications the bullish run had already begun and there is the tendency that $100K price mark is achievable this year so it's up to hodlers to keep their coin because a time to earn some decent profits is coming soon

I have not yet found a trade that is easy to do. Trading requires high techniques and confusing strategies when doing it.
There is only one type of trading that is easy for me that I have ever done, namely spot.
If there are traders who say trading is easy to do, I doubt what they say.

Long term investment is very safe in coins like Bitcoin. Buy and hold for a long period of time by moving it directly to your wallet if purchased on an exchange.
Coins other than Bitcoin such as Ethereum are more comfortable if held for the long term in a wallet.

Someone once said that people make it look like a water flooding a dam. It slowly begins to overflow and then water breaks through and destroys everything on its path. People are just like that. They get poked by the price rising and they're always -nah it can't be real, it's not it, I'll wait a bit longer. Price rises a bit and pokes them back again and it repeats and repeats until they finally say -fuck it I'm buying.

Remember how the Wall Street Journal said that bitcoin is dead and all the investors who got in like Saylor and Bukele are regretting it? Just look at them now.

IMO whatever the future brings we're long past the times when people waited for bitcoin to correct back to 1k, 3k, or 10k. If you haven't bought sub 20k, you're not going to.

You are right mate, we bought our bitcoin to make profit, and we can sell whenever we see a good amount of profit. Holding it long will give you a compound value, compare to when you sell and buy back like what you said. This is where patience comes into play, because you might think that you have made profit, that you will sell off, and buy back, as easy as that.

What if you sell and bitcoin price keep on pumping and when there was a correction, it just didn't go below the price that you sold. It is a very risky decision, and bitcoin is worth hodling and sell in the bull market. Anyone that sells now due to he has made profit, will regret when bitcoin price hits the new ATH.

To be a holder of Bitcoin must be holding it with a strong hand otherwise it is not possible to hold Bitcoin. We see a bearish segment before almost every bull market that sees a big decline. Those with a weak hand sell all their assets to minimise their losses at that time. Big investors win in that case. They use that opportunity to raise money from small and common investors. There is no substitute for patience when it comes to being a holder of Bitcoin. Bitcoin will make a new high after a long time and is likely to be much higher than the current price in the long run.

Convincing people to invest in Bitcoin based on your perception of the market at any time and giving such advice based on your own market speculation will be hard to ve accept easily,  most especially in an era when Bitcoin and the entire crypto market have undergone alot of crisis in its price before now, and even though there has been some pocket of recovery in the last quarter of the year 2023 before the January ETF approval.
This year 2024 has alot in stock for Bitcoin, and most Bitcoin investors have been anticipation a Bitcoin bull even at pre halven level because in January when the Bitcoin ETF got approved alot was expected in an upward direction for Bitcoin in terms of Bitcoin price, but it took a while for that to happen and in this current time, alot is happening already and even if we do not get to the all-time high price before the Bitcoin halving, we will likely see that ATH immediately after the block size got divided or reduced after the March - April  2024.

I think selling is individual action and you can't blame people for selling what they have invested in. If I had the chance to buy Bitcoin when it was around $15k during the exchange wars and FUD, I will happily sell my bags here because with this rally and recovery, I should have gain a healthy profits here. Even if I don't sell all, I will sell 70% here due to the nature of Bitcoin collapsed and volatility. Don't be shock if Bitcoin moves from here to $80k and then it reverse back to $35k in 2 years later, it's very possible and I don't see anything wrong in selling your investment.

Some people will hold Bitcoin go up to a certain level but there greed will not give them right decision to sell and they will watch bitcoin collapse when bad thing happened until it reach or go below the price where they bought. I see that as waste of time in investment when you can sell and buy later.

I like your optimism about the bitcoin market and how you're waiting for the bull run to start soon. Patience is essential in cryptocurrency and should be considered when investing for the long term. Bitcoin has recently risen above $51K after falling below $50K for some years now.  The recent bull run in the market is simply an indication that the most anticipated bull run is rapidly approaching, and the fact that it has reached this price even before the actual bull run occurs indicates how large the bull run season will be, as well as the coin's new all-time high following the bull run. The $100K price is just a speculation, but given what has happened over the years in the market, it is a price that bitcoin will exceed in the coming bull run.

Honestly, it's very difficult to convince people to hold and not sell their assets when the market is down because they will get better gains if they stay patient. They think that they are going to lose the value they are getting now right when they see the market going down a little bit. I know this because there are people around me with the same habit, I keep asking them not to sell because the market will go up more, it's just the beginning and we've got a long way to go yet.
What's more annoying is that when they listen to you and don't sell, and if the market goes down, they start blaming you by saying that you didn't let them sell when the price was higher and now it's so much lower even if you keep telling them that it's just a temporary dip.

Before investing you must learn to get patience because patient are virtue that can help any body who's ready to make success because you also need to be mindful, serious of what you will gain in future.
When you have patience you won't be  thinking of what you will gain now because you will have in your mind that now is not the perfect time to possess what you always wanted.
All long term holders already knows what they are dealing with and they shouldn't be tempted to see their Bitcoins of fears because they will lose. Investing in Bitcoin is a good example to show to everyone that it doesn't matter when you are losing but what's important is how you are profiting, so anything that would make you sell your coins at lose is what you should avoid.
On what is see about your friends that sold their coin is they are scared of losing as they don't have patience.

You mean you are expecting the price to drop from this high?

Correction is happening at 52k USD level and price is now at 51k USD and I am expecting more price drop happening. This is the time when the bull and bear will fight a lot and the end result will be a sideways movement for a little while before the bigger one takes over. Of course we can drop back to 47k from this level but I am not hoping that to happen.

Right now let the dust settle, not a time to buy or sell. Yesterday was rather the time to sell.

I think easily acceptable keep holding bitcoin for investors has decision with long term trading but its difficult when telling your ideas keep holding bitcoin in the bearish season. In cryptocurrency trading, patience is the most important key to be success and earn much profitable in the future, lack patience I don't sure some trader or investors will easily earn much profit in bitcoin or altcoin trading.

For this position holding more than 5 years its not easy because we are investing when bitcoin has very lower price, I doubt some investor keep holding their bitcoin assets after raising profitable more than 40% to 50% although bitcoin has potential raise up more higher price again. Need large soul of patience for every investor want to hold bitcoin for longer time and not excited to sell although their profitable reached more than 50%.

Patience is actually the key to success for anything in life... I can cite several examples here...

I see all of this as cycles, there is a cycle for planting and a cycle for harvesting...

Example:
Where do you want to be in 5 years? What have you done to be there?
Is your goal to lose weight? earn money? learn a new skill? learn a language?

All the great things in life don't happen quickly, it takes patience and understanding that time will always be in favor of those who strive to achieve their goals...

with bitcoins it's the same thing... time will give you the best results.

enjoy the journey, it's not a 100m sprint.. it's a long term marathon.

In light of the exciting changes taking place in the market, no one knows where the value of Bitcoin and other currencies will reach. I think that in this case, one must control oneself and deal with the market with caution..
On the other hand, the recovery of Bitcoin will pave the way for a new shift in the value of other currencies, and I believe that it is the right time to invest in them

If they have a well paid job or business, they will not worry if their investment going down for short time because they will keep making money and they have enough money to fulfill their monthly needs.

Unfortunately, many people didn't earn enough, so they use Bitcoin for trading or anything that makes them to earn more money.

So, you can't expect poor or middle class people can hold in patience since they don't have enough money in the first place.

Bitcoin will definitely reach its new all time high soon but that time is still uncertain, and we might even experience first price correction that will pull the price of bitcoin down and might consistently decline at some point, but nevertheless, it will always recover until bitcoin bull run comes and we will witness its new all time high. However, knowing bitcoin’s high volatility, it’s best to prepare ourselves and be patient as much as we can as there are still unforeseeable events that might happen in the market most especially when negative news suddenly hit the market.

In the end, patience is they key. No one can tell when will be the perfect time to sell but by being patient, we can always get there without panicking and sell our coins at a lower price position. Just patiently hold your bitcoin, as it’s the safest option we can do in this unpredictable market while waiting for the perfect timing to sell.

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.

Good price changes will not happen instantly and we prove that when seeing at the time when ETF has been approve. Many think that there's a big pump will came after that but what came out as result is the one they didn't imagine to happen since bitcoin dump after ETF approval has been announce. But Even though that incident happen still bitcoin manage to climb back and reach above $50k and that means more to come from it as we didn't surpass yet the halving effect. And since bitcoin reach at unexpected figures then that indicate that provably we can see more demands to come that can help bitcoin to get a good pump when halving will take effect.

I know there's a lot of people speculating about this to happen since to many positive things happen recently then there's a big chance that we can see bitcoin to record again its new ATH  this year.

I guess we can't stop anyone from selling to make -> Profits, that is the first rule here.

And it involved a mental game to be a holder, I mean day in day out, you buy and continue to HODL for a long time. Most of the time you will be tempted to sell even if it is not necessary. But that's how the market continue to flow, if there are not sellers then it's going to be stagnant.

So that's how everything, gonna be a cycle, sell make profits, buy in dip, DCA, hold and sell in the bull run for bigger profits.

Investing in Bitcoin requires patience to be able to make a profit, therefore the best investment period in Bitcoin is long-term investment, which could be 5-10 years. Let's just look at how the market has been in the past 5 years, how Bitcoin can move up significantly, and from this alone we can draw the conclusion that only those who patiently hold Bitcoin will profit in the end.
So if now you have the opportunity to invest in Bitcoin, do that, either with DCA or a lump sump, then hold it for the long term, you will definitely be able to get quite high profits later.

Traditionally, after bitcoin halving (after some time) this is what happens - demand for bitcoin increases = price is rise.

They can sell it. The difference between $50k and $16k will be a good profit. But not as good as it would be during a bullish trend.

Just don't let your friends use ledger hardware wallet products (closed source) if they plan to keep the bitcoin for a long time.


Perhaps this should be the mantra of any (bitcoin) investor. Ignore current fluctuations as they distract you from your ultimate goal and introduce doubt into your investment plan.

Trading is difficult unless you are trying to arbitrage or front run or something.  Holding is the safest way.  Sure some people will make money trading but many won't.

The price of Bitcoin can change at any time, which is known as price fluctuation. Meanwhile gold is more stable.
Bitcoin provides a better hedge in the long term and the opportunity to make big profits faster than gold when prices soar. We call it big returns.

Happy face as Bitcoin which has reached $52k is on its way to $53k.
This happy face is for those who have held it for more than a year. For those who don't have large amounts of Bitcoin, a gloomy face can already be seen.

The choice of being a long-term holder is better than choosing to be a daily, weekly or monthly trader.

Yes, patience is key.  Pretty much anyone who has mined or bought bitcoin in the last 15+ years has made a profit - with the exception of a few weeks and those people are close to breakeven.  

It has been pretty easy to do well with bitcoin but patience and lack of panic has been the enemy of many.  Another enemy was those who believed the nonsense about it being a scam, tulips, "rat poison squared" etc.  I remember reading comments when I first read about it on slashdot saying things like, "well, I'll just copy the block chain and private keys and double my money."  Talk about a whoosh moment of incomprehension (that was July 2010).   Another enemy of many has been inertia and not doing anything. I told people about it at Thanksgiving 2010, and many times thereafter, including tech people and many people did nothing or procrastinated or "didn't have the money" to put $50 or $500 into it or the desire or "time" to set up a miner (back when CPU and GPU were options).  Pretty much everyone I told could've gotten $50 or $500 quite easily.

My advice has been the same all along:  buy or mine some. If you aren't going to use it, then move it to cold storage and leave it.

Is it guaranteed?  No, but the binary choice of it being worth a lot or very little increases the likelihood of the "a lot" every day and every new use.

Every long-term investor knows that it is not the right time to sell Bitcoin, as there is a good chance that the price will rise. Therefore, whoever has not sold within 16 thousand dollars will not sell now and will definitely make profits. The strength of Bitcoin can wait. The longer you wait, the greater the chance that your investments will achieve a loss. Less and so on.
I advise your friends to think carefully before investing and to forget Bitcoin after buying it (I advise them to use a good wallet that has cold storage capabilities and that it is open source) and after more than 3 years they can safely sell their bitoin without loss.

It has already be predicted by experts. By next year, a Bitcoin would have reached about $500k. So, this really is the best time of buy and store/ hold Bitcoin. Patience at this moment would pay off soon enough .

But I think this information isn't new to anyone here, yeah... Cause no one on the forum no matter how much of a newbie can say they don't know the price of Bitcoin is increasing real fast.

People were expecting a massive movement on the market after the ETF approval. That did not happen instantly, but we can see the changes now. This is the year of Bitcoin mining reward halving and we are 63 days behind at this moment. We might not see instant movement after the halving, but we will see some movements after the halving period just like how it's moving right now. We might see some correction as well if it pumps too quickly, but that's the behavior of Bitcoin and we all know that. Let's wait and see what happens. We will revisit this after a few months.

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

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.