Topic: Keep hodling your Bitcoin (Read 775 times)
Yes holding bitcoin. I think bitcoin is going to be great.
The people who made the most money with crypto are those that purchased Bitcoin and did not touch it for many years.
This in itself should explain everything you need to know. Holding Bitcoin is by far the best solution.
The more you try to mess with it, trade with it, or spend time on it, the less money you make.
This in itself should explain everything you need to know. Holding Bitcoin is by far the best solution.
The more you try to mess with it, trade with it, or spend time on it, the less money you make.
Price drop does not do harm to bitcoin. It only makes it easy to stay in the game. Bear market is an opportunity for investors to invest more and fill their bags in these bear market. Also when the price is low, many new investors will join the game. They can buy low so that they can sell at a higher price. It also clears out the market from weak holders who disrupt the market flow. Overall it's not a bad thing. And in the long run, we are going to make profits anyway. So all is left to do is DCA and hodling.
A person who holds bitcoins for long-term bitcoin holding and can handle any worst case scenario without worrying about the amount of his holdings, then he can certainly expect good profits from it. There are people who suddenly sell their Bitcoin holdings when they see the price of Bitcoin drop, thinking that the price of Bitcoin will drop by a large amount. If you're holding on to Bitcoin for the long term, you don't need to worry about these. Because long-term holding in Bitcoin increases the chances of getting good returns from it. So you continue to hold your bitcoins, it will benefit you a lot.
Yes I have seen people like that but I perceive such people to be weak Bitcoin investors. Strong and real investors won't sell off their Bitcoin simply because there is a drop in the price instead they see it as an opportunity to lay hands on more Bitcoin. In the Bitcoin world it takes only the brave and those who understands the nature of cryptocurrency to stay through and make something huge out of it. I believe so in Bitcoin that even when others are lamenting about the price decrease I don't feel bad...
I believe that bitcoin should be considered first of all as a way to save your money and only after that - as a way of multiplying them. Right now I couldn't think about better option for the storage of my savings. Traditional instruments are no longer reliable, banks, in the best cases) offer negative interest rates on deposits and nowadays they collapse too fast too often. Gold or other precious metals are not so liquid and in my country, for example, I won't be able to sell them fast enough in the case of emergency. The stock market and fiat currencies are too dependent on global political situation and therefore not reliable. That is why I see bitcoin as a best way to preserve my money with an ability to cash it out anytime. Holding bitcoin is even more profitable option, because it opens doors for increasing my budget.
Most recent posts on this forum such as
https://bitcointalksearch.org/topic/bitcoin-is-going-down-day-after-day-right-now-5449800
Seems more like few persons are scared that they may loss to their Bitcoin hodlings due to the recent drops in price of Bitcoin
This is very understandable but as a Bitcoin investor you should know that with the series of price changes Bitcoin has encountered over the years we can say that it rises in value more than it drops .
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price keep holding your Bitcoin .It will definitely boom soon
Many investors sell bitcoin when it is in bear season, where are they now? Most of them end up to lossing with full of regrets and when they come back to buy a lot of bitcoin they are too late because bitcoin is already above 60k$,it happens last year 2021when bull season continue with the new record of 65k$ per 1 bitcoin, it is very clear that holders can earn a huge profit during bull season so we need to be patience for good. https://bitcointalksearch.org/topic/bitcoin-is-going-down-day-after-day-right-now-5449800
Seems more like few persons are scared that they may loss to their Bitcoin hodlings due to the recent drops in price of Bitcoin
This is very understandable but as a Bitcoin investor you should know that with the series of price changes Bitcoin has encountered over the years we can say that it rises in value more than it drops .
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price keep holding your Bitcoin .It will definitely boom soon
Seems more like few persons are scared that they may loss to their Bitcoin hodlings due to the recent drops in price of Bitcoin
This is very understandable but as a Bitcoin investor you should know that with the series of price changes Bitcoin has encountered over the years we can say that it rises in value more than it drops .
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price keep holding your Bitcoin .It will definitely boom soon
People who understand Bitcoin and get the other potential that exists in Bitcoin no longer need pressure to hold.This is very understandable but as a Bitcoin investor you should know that with the series of price changes Bitcoin has encountered over the years we can say that it rises in value more than it drops .
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price keep holding your Bitcoin .It will definitely boom soon
Yesterday I wrote a topic and got quite a variety of answers in the discussion which can be additional knowledge for you.
You don't need to hold people who are afraid, let them go with their fear.
We only care about the ownership we're building.
Bitcoins are value. Price is just a benchmark to know the trip.
Most recent posts on this forum such as
https://bitcointalksearch.org/topic/bitcoin-is-going-down-day-after-day-right-now-5449800
Seems more like few persons are scared that they may loss to their Bitcoin hodlings due to the recent drops in price of Bitcoin
This is very understandable but as a Bitcoin investor you should know that with the series of price changes Bitcoin has encountered over the years we can say that it rises in value more than it drops .
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price keep holding your Bitcoin .It will definitely boom soon
https://bitcointalksearch.org/topic/bitcoin-is-going-down-day-after-day-right-now-5449800
Seems more like few persons are scared that they may loss to their Bitcoin hodlings due to the recent drops in price of Bitcoin
This is very understandable but as a Bitcoin investor you should know that with the series of price changes Bitcoin has encountered over the years we can say that it rises in value more than it drops .
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price keep holding your Bitcoin .It will definitely boom soon
You won't lose any money unless you sell your buy position. Don't get bother by your unrealized gain going positive or negative if you believe that the bitcoin price over months or a year will be net positive. That is why overview of your system such as the timeline of your investment is important so you won't get bothered by fear.
So don't get too hopeful or too fearful. Know your strategy and your system. Cut your loss when it says to cut, sell when your system tells you sell, buy when you should be buying more, and hold when you need to hold. Oftentimes, the hard decisions are the right ones.
The price reduction is actually used as an opportunity to add assets to the portfolio, for me there is no reason to sell when the price decline occurs because my goal is to buy at a low price and then sell it at a high price. Price fluctuations that continue to occur are a process in shaping the mentality of investors so they can survive when price declines occur. Panic will destroy the original plan, The real investors will survive even in the worst conditions.
The price changes that have occurred over the years are a milestone that Bitcoin has achieved, get rid of the panic when the market is tilted by adding assets to achieve the true goal.
The price changes that have occurred over the years are a milestone that Bitcoin has achieved, get rid of the panic when the market is tilted by adding assets to achieve the true goal.
Well sorry to burst your bubbles but what if the halving doesn't take play and the much speculated price hike doesn't happen? My reason for this particular question is because no one is truly sure about the proposed halving and plus the fact that bitcoin is a truly volatile currency and its decentralized which means no one actually know for certain when the halving is going to take but we are all certain of is that the price is definitely going to pump and we will experience a new ATH but that could take long, more than the much speculated next year but still yet all in all we are to make sure to hodl our coins till that time comes.
The next Bitcoin halving is scheduled to occur within a year and Historically, bull runs have always been associated with halving events for several reasons. What I see here is why mining rewards are cut. The goal is to slow down the BTC inflation rate and ensure that the supply of BTC does not exceed 21 Million. meaning this mechanism will add to the long-term value of BTC. So why think it can't happen. it's been designed and I'm eagerly awaiting this moment and your last point is correct.
When you are into something new, you worry about anything that occurs within or between it, but when you are into the same thing for a long time, you choose not to worry about it even if it appears to be collapsing today or tomorrow because you know that it will recover given its past performance. What I just said is how new or experienced users of the crypto space feel and perceive bitcoin when its price falls.
Experienced investors understand Bitcoin's knots and ties; regardless of its bearish trajectory, they know it will retrace back to its previous high or perhaps surpass it. Patience is absolutely outside the box for new investors; they readily panic when bitcoin triggers bearish moves, and some even withdraw their Bitcoin, losing a valuable introduction into the project. Bitcoin represents unrivaled market competitiveness among projects. Bitcoin has been around for almost a decade, and there is still room for a bull run in the future. It's wonderful to see the project's steady progress over the years, as well as patient investors who are holding it for the long run. Most recent posts on this forum such as
https://bitcointalksearch.org/topic/bitcoin-is-going-down-day-after-day-right-now-5449800
Seems more like few persons are scared that they may loss to their Bitcoin hodlings due to the recent drops in price of Bitcoin
This is very understandable but as a Bitcoin investor you should know that with the series of price changes Bitcoin has encountered over the years we can say that it rises in value more than it drops .
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price keep holding your Bitcoin .It will definitely boom soon
https://bitcointalksearch.org/topic/bitcoin-is-going-down-day-after-day-right-now-5449800
Seems more like few persons are scared that they may loss to their Bitcoin hodlings due to the recent drops in price of Bitcoin
This is very understandable but as a Bitcoin investor you should know that with the series of price changes Bitcoin has encountered over the years we can say that it rises in value more than it drops .
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price keep holding your Bitcoin .It will definitely boom soon
yeah Keep Holding your bitcoin because next year there will be a bitcoin halving and if we look at the price history before/after the halving happen then the price of bitcoin always increased
you can look at the picture below and you will see that the price of bitcoin always increase after halving
When you are into something new, you worry about anything that occurs within or between it, but when you are into the same thing for a long time, you choose not to worry about it even if it appears to be collapsing today or tomorrow because you know that it will recover given its past performance. What I just said is how new or experienced users of the crypto space feel and perceive bitcoin when its price falls.
Evidently, people don't understand history or the rudiments about which a thing operates and still, they jump in for the gain because, they've heard of a possibility. That's what has been the case for most and in turn, you find them buying high and selling low because, they've got less faith in the system and haven't Ben able to decipher when what they are sold is just FUD.In truth, bitcoin isn't gor weak hands. It's for those that are able yo take had investment decisions and that doesn't mean you get to invest more than you can afford to lose but, your sure not to be influenced by what is going around except what is of your own findings and appears to be true enough to you.
Still, there would be those who are ready to go down with the system should that be it but, in the face of uncertainty, risks are sure to pay off someday.
When you are into something new, you worry about anything that occurs within or between it, but when you are into the same thing for a long time, you choose not to worry about it even if it appears to be collapsing today or tomorrow because you know that it will recover given its past performance. What I just said is how new or experienced users of the crypto space feel and perceive bitcoin when its price falls.
Those with experience will always believe that a drop in Bitcoin price is a sign to start buying. The cheaper the price, the more bitcoins can be obtained. There will be no panic for those who are experienced and already know about Bitcoin's past and how the new price will be reached by Bitcoin. bitcoin continues to grow over time.
But for those who are new and do not fully understand the movement of Bitcoin, will panic and dump at low prices when the price crashes.
This is a panic that will be detrimental.
Must have good management to be able to follow the market because the market continues to fluctuate.
Those who can survive he will get the benefits.
When you are into something new, you worry about anything that occurs within or between it, but when you are into the same thing for a long time, you choose not to worry about it even if it appears to be collapsing today or tomorrow because you know that it will recover given its past performance. What I just said is how new or experienced users of the crypto space feel and perceive bitcoin when its price falls.
There is no doubt that the Bitcoin market will grow again. Bitcoin market decline is not a statistic but a normal thing. Yet we all know that cryptocurrency markets are always on top of its price fluctuations. At the moment basically Bitcoin has increased relatively much according to the previous market. A few days ago the Bitcoin market was very low but currently it has pumped up. But it is best to invest in Bitcoin and hold it for a long time because the market position is suitable for investment now. at the moment the Bitcoin market is a bit low so if people decide to invest from here, there will be no loss but there will be a desire for profit.
Investors mentioned by OP are the ones who aren't used to crypto market yet. Probably they are new on this kind of investment yet, so they fear events that veteran investors don't worry anymore about, since they have gained enough experience to understand the market is highly volatile, pushing the price downside, although it recovers later once a new season begins. All they have to do is to wait, but it's that easy to tell this to newbies.They have to learn by themselves once they see the mistake they have done by selling Bitcoin on the wrong time, after a correction in price.
Holders, believers, speculators, and a short-term trader, everyone has a different mentality, just do your own thing well, and I am relatively rational and objective when it comes to investment strategies. The pie thing. I don't have the energy and time to watch the market every day, just because I believe, because time gives me the best answer.
I agree with what you said because regardless, these views will never be the same but they do point to the same goal.I think it doesn't matter for that because we do have our own goals and arguments but on the other hand, whether it's holders, Bitcoin believers or even day traders all have the same goal which is profit for themselves.
Now the choice is in the hands of each in this case whether you want to last a long enough period of time for investment or take advantage of momentum with day trading, everything can still be done, it's just that in this case we have to recognize ourselves.
I am in this case the same as you because I cannot continue to stay in front of a computer screen or gadget just to monitor the movement of bitcoin so the most possible is to save for a certain period of time.
Instead of losing their Bitcoin holdings, someone who holds Bitcoin could lose some money if the price of BTC falls. The value of their Bitcoin will vary when the price falls, but the total number of Bitcoins in possession will remain unchanged. You are misinforming them when you say that if the price drops, they will lose the Bitcoins they currently own. As you can see, my justification explains what will actually occur if certain people retain Bitcoin and what will occur when its price changes.
If you plan your Bitcoin for a long-term holding, you don't need to worry when the price drop currently. As long as the number of your Bitcoin isn't changed, you still have hope for gaining profits in the future. Don't think too much if the value of your Bitcoin asset is decreasing now, the price drop will be over soon. You must be patient and never think to sell your Bitcoin in a panic. If you sell it in a hurry, you must regret it in the future. To avoid it, you are better to not too often checking the Bitcoin price.
What you should note is that you can't control everyone feelings and emotions towards their asset or investment. There are people who may endure seeing their investment losing 20 to 40 percent without fear but there are some people who may not endure seeing such in there investment and may decides to sell and secure their investment without knowing they are feeding the market.
As a bitcoin investor, I believe he or she is expected to understand how bitcoin prices fluctuate. The issue of emotion or fear of how bitcoin prices fall while you have invested should not be a concern because you know that it will rise and you will definitely have your money back with profit. Even if you are a beginner, you should consider bitcoin price rising more than it dropping.If you observe someone losing his or her bitcoin because the price has fallen, I believe he or she is not ready to hodl for a long time or has an emergency problem to cover and there is no other way to earn money than to sell the Bitcoin.
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