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Topic: Keep hodling your Bitcoin - page 5. (Read 796 times)

legendary
Activity: 3010
Merit: 1280
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April 23, 2023, 02:09:38 PM
#43
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

Bitcoin is proven to be cyclical and this Bitcoin price adjustment is normal.  It is obvious that this is just a correction due to the current Bitcoin price increase.  It is logical that people will cash out especially those who bought at a lower price.

The threads like the one mentioned are just here to FUD the market so that they can buy BTC at a much lower price (if they intend to) or just trolling the discussion board and bait naive investors into selling their stash at a loss (if they happen to buy at the recent BTC price increase)

There had been lots of threads like the one @OP linked and in the end, it is proven futile because the Bitcoin market refutes them.  One thing for sure is that we should not get easily swayed by this kind of thread, Bitcoin market had proven itself again and again and the current price movement is just normal.
legendary
Activity: 3248
Merit: 1402
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April 23, 2023, 01:58:58 PM
#42
The price didn't drop particularly low, IMO, but those who think it will fall down even more and who aren't willing to wait for lots of months or perhaps over a year for Bitcoin to go on a bull run are reasonable in the desire to cash out now. I don't care about the price as much and try to be more flexible, but I don't judge those who choose to sell, and we can't convince people not to do it, since we can't guarantee that Bitcoin will be up soon.
hero member
Activity: 3066
Merit: 629
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April 23, 2023, 01:57:25 PM
#41
Holding your bitcoin is like keep the treasure in your old house at un identify place for your future.One day that treasure will help you a lot.Even it will clear your medical bills at the old ages.Mnay old people not getting the support from their old children and siblings. Because their children will concentrate on their children and leave their parents which is not a good one.So it's better to hold some money for the savings at least for the medical expenses at your old ages, keeping at bitcoin will add your additional dollars in the long run.Since you are planned to hold for the old ages medical treatment.
I saw people that even if they want to hold for longer time, they have no option but to sell because of those unforeseen situations just like what you've mentioned.
And one of it is all about paying medical bills. We can see that a person who sold his bitcoins in need of cash for that purpose of paying hospital bills.
That's already a good purpose to be considered and when those people that have held for long, they've now seen the importance of having bitcoin that they can use in any time that the time may ask.
full member
Activity: 798
Merit: 134
April 23, 2023, 01:51:29 PM
#40
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.
hero member
Activity: 2324
Merit: 562
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April 23, 2023, 01:45:27 PM
#39
Holding your bitcoin is like keep the treasure in your old house at un identify place for your future.One day that treasure will help you a lot.Even it will clear your medical bills at the old ages.Mnay old people not getting the support from their old children and siblings. Because their children will concentrate on their children and leave their parents which is not a good one.So it's better to hold some money for the savings at least for the medical expenses at your old ages, keeping at bitcoin will add your additional dollars in the long run.Since you are planned to hold for the old ages medical treatment.Finally it may gives you 100 percentage profit.
hero member
Activity: 1624
Merit: 791
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April 23, 2023, 01:36:31 PM
#38
It’s normal that there’s someone that being scared because the value is dropping. You can’t urge everyone to hold since it’s their own money and not yours. This scenario already happened in the past many times and it’s a normal process to remove those weak hands to make the community pure strong holder.
You're right, we can't push what is our own will, let their scenario be what's important, we know what the potential for bitcoin will be like in the future if it becomes a long-term investment in bitcoin, then we need to do it ourselves, not to pressure everyone because we don't have the right to do that.

If they have a weak hand by selling BTC when the price drops because of fear then they will regret it later because this is humane where there are those who are afraid of losing during a decline even though BTC has never decreased, just believe what we have with the BTC.

There’s always someone willing to takeover for those who are scared so let them be. Real bitcoin enthusiast don’t see the price of Bitcoin with current value. You will understand this if you watch many times how scared people react on every price drop.
Well, I don't see the value of the current BTC price because what I'm doing will continue to do DCA in the best way, I see the potential now is the right time to keep accumulating so that there will be more profits later when bitcoin becomes bullrun and hits the ATH level again.
newbie
Activity: 1
Merit: 1
April 23, 2023, 01:18:21 PM
#37
As a trader, the decision to "hodl" or hold onto Bitcoin for an extended period can be a valid strategy, depending on your investment goals and risk tolerance. Bitcoin is known for its volatility, and its price can fluctuate significantly in short periods. However, over the long term, Bitcoin has shown a history of strong returns.

If you're confident in Bitcoin's long-term prospects and believe that its value will continue to appreciate, then holding onto your Bitcoin can be a viable strategy. However, it's essential to keep in mind that hodling Bitcoin involves risks, and the price can still drop significantly in the short term. Therefore, it's essential to have a well-thought-out investment plan and a diversified portfolio to manage risk effectively.

Ultimately, the decision to hodl Bitcoin or trade it actively should be based on your investment goals, risk tolerance, and market outlook. Both strategies can be profitable when executed correctly, but it's crucial to do your research and make informed decisions based on your unique circumstances.
full member
Activity: 532
Merit: 100
April 23, 2023, 01:05:38 PM
#36
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

of course someone who wants to reap more profits and doesn't want to lose the value of their assets will continue to hold their bitcoins until they reach the newest Ath, and even for those who understand and understand the value of the profits that bitcoin provides for its holders, with current market conditions the bearish state of mera will continue to buy as many bitcoins as possible with the state of the funds it has. holding bitcoin is a way to get a lot of money when the market is bullish and there will be the newest ATH in its possession
hero member
Activity: 840
Merit: 570
April 23, 2023, 11:54:46 AM
#35
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
The only people that should be scared because bitcoin price is dropping are the newbies, I don't think someone that have been in crypto space for long time will be scared of bitcoin price dropping. We don't even expect bitcoin price to be going up without coming down, it those not really make any sense, whenever their is bear market, it gives everyone opportunities to buy their bitcoin at a cheaper rate. But I notice the weak buy bitcoin at the top and sell when the price is down, but the strong always buy at the bottom and sell at the top.

I believe you gave the answer all because I don't think people who have been in the cryptocurrency sector for so long and have a strong understanding of market price fluctuations would be worried right now when the price is only slightly down.I agree with you that only newcomers would have this kind of worry, and even newcomers who have a decent understanding of Bitcoin's volatility will think that its normal for price fluctuation either decreasing or increasing because people are trading it base on their understanding periods.

In fact, I don't think anyone holding Bitcoin or other potential coins at this point will be alarmed because I don't anticipate a significant price drop for those who have been holding for a while, unless they have invested more than they can comfortably afford.
sr. member
Activity: 1936
Merit: 290
April 23, 2023, 11:40:28 AM
#34
I Won't buy bitcoin now but still i have holding 2k$ btc. If you ask me for bear market then i can said that it will possible 2023 year last few months. There are many btc holders here and they are properly waiting bull market for sold btc. You may know btc one best coin for control crypto market, so every altcoins market depending on btc price.
sr. member
Activity: 1498
Merit: 271
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April 23, 2023, 11:39:17 AM
#33
It will not be lost on other holders to feel worried when the value of Bitcoin decreases. There are and still are people who will suddenly sell their bitcoin holdings because of the fear that it will fall by a large amount.

       Of course, if you are a long-term holder, you will not think about these things, instead you will think that after 5 or 10 years you will sell it, you don't care if next week, next month the price of bitcoin will fall as long as the goal is Your target is to sell after 5 years or more depending on us.
sr. member
Activity: 1624
Merit: 315
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April 23, 2023, 11:38:39 AM
#32
Many people in this forum still hold their bitcoins because they believe they can still increase again.
The current drop in price makes them even more interested in buying bitcoin again because they know this drop is only temporary and bitcoin still has a chance to go up high.
That's why many of us still advise you to keep buying bitcoin and not panic over this downturn.
Bitcoin has been such a long term investment for those of us here that we want to hold on to it and sell it at the next high.

Exactly, it's normal for Bitcoin to drop to 27k that's proved it's volatility. it also gives chance for people to hop in the market as it temporarily dump in the market. Investing in Bitcoin is actually good especially in long term. With it's history there's no doubt it will increase again and might hit a new record of it's value. Just be wise in doing your calls for you to gain profit, take advantage of the current situation so when it pump you'll be riding.
hero member
Activity: 2870
Merit: 574
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April 23, 2023, 11:34:17 AM
#31
Many people in this forum still hold their bitcoins because they believe they can still increase again.
The current drop in price makes them even more interested in buying bitcoin again because they know this drop is only temporary and bitcoin still has a chance to go up high.
That's why many of us still advise you to keep buying bitcoin and not panic over this downturn.
Bitcoin has been such a long term investment for those of us here that we want to hold on to it and sell it at the next high.
full member
Activity: 868
Merit: 150
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April 23, 2023, 11:29:37 AM
#30
The price of Bitcoin is really dropping from 31k  down to 27k base on the current price fluctuating while is still good to buy more Bitcoin and hold, because is an opportunity and good to invest and keep holding Bitcoin for future return profits.
It's the trader another risk to take, cuz it can fluctuate rapidly in short periods of time. The factors that can influence the price of bitcoin, such as market sentimen, regulatory changes, global events, and technological advancement.

as a trader also its better to know that it involves significant risk, and it is essential to conduct thorough research or its better to seek professional advice or friendly advice before making any investment decisions. It is crucial to consider your financial goals, risk tolerance, and investment time horizon before investing to bitcoin or any other cryptocurrencies.
hero member
Activity: 1386
Merit: 731
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April 23, 2023, 11:24:42 AM
#29
Those of us who no longer see Bitcoin from the context of price because it has been proven during its journey will certainly think that it is normal for those who are worried before they realize that Bitcoin is not only a matter of price but more than that.
Yes, but it depends on what topic is being discussed. The OP is talking about bitcoin in an investment context, maybe about the best strategy for generating worth it returns in the long term. This is clearly discussion that has nothing to do with bitcoin use cases as currency, but about the potential of the price of bitcoin in any time frame.

So far we have been and are still optimistic about Bitcoin for the future so that buying and holding is still an attitude that continues to be applied with each target.
When they are willing to research and study how Bitcoin will be in the future, then those who are worried now will turn into optimists like us.
A good strategy for expecting long-term returns is to buy and hold your bitcoin.
I agree on that, even if you have an unused budget then I think it's still wise enough to invest in bitcoin. Instead of gold, land or other investment assets, I think bitcoin is a wise choice right now as one of a long term best investment asset.

So the conclusion is, buy hold and ignore short term volatility. It is expected and possible for you to generate good returns with the risk if this strategy is implemented.
jr. member
Activity: 408
Merit: 3
April 23, 2023, 10:44:53 AM
#28
The price of Bitcoin is really dropping from 31k  down to 27k base on the current price fluctuating while is still good to buy more Bitcoin and hold, because is an opportunity and good to invest and keep holding Bitcoin for future return profits.
sr. member
Activity: 602
Merit: 442
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April 23, 2023, 06:20:15 AM
#27

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
Real investors who has scrutinised the system of cryptocurrency and mostly bitcoin have the method for bitcoin investment, actually during the time of an investors is purchasing bitcoin, its very obvious that the investors will ensure that it have its targets of harvest during the time of purchasing or investing in bitcoin, any investors that because of bitcoin is falling and the investor panic to sell out its coins doesn't know it targets before going into investment, people who panic to sell out Bitcoin or any other coin when the market i
happened to be negative or red should be considered as either short term investor that is considering the fact of having a small profit during the time of investment,  while long term investors doesn't not have much concentration or been inquisitive of bitcoin rising today and fall tomorrow, so I believe that they have their target already before venturing into the investment, that's while it's acknowledged to use spare money for investment so that you won't be curious or panic for the Investment when the market is not favourable.

Exactly mate and I couldn't agree any less with you because any actual Bitcoin investor should be aware of the price movements of Bitcoin as a result of its volatility which is the major reason for the profit and losses in Bitcoin industry.
Most times I know that reason investors are rather happy when the market deepens so as to seize the opportunity to comb and rack in more coins to their portfolio rather than panicking to sell their coin.

It is normal to still have people who are scared of investing in Bitcoin because if you'll agree with me that there are still people out there who aren't sure of Bitcoin and still sees it as a scam.
hero member
Activity: 1288
Merit: 564
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April 23, 2023, 06:18:16 AM
#26
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 should published this post on twitter instead here on Bitcointalk forum because most of the user especially the long time member here doesn’t check the price frequently. Holding is our nature in time like this. The account that you use for example is just registered last month. You won’t see any high rank or old member posting that kind of shit here because are always holding. The only time we sell is when we need money since most of us is already on profit because we purchased at the bottom before this mega bullrun happened.

Be a lamb and spread this word on other social media out where weak hands usually hang out and feast with this kind of negativity in Bitcoin because Bitcointalk is a solid community.
sr. member
Activity: 1456
Merit: 326
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April 23, 2023, 06:07:33 AM
#25
everyone is scared of losing money due to volatility in price and its reality and as people are afraid of losing money when they examined the recent decrease in price therefore it is necessary for them to make a look towards those individuals who have achieved higher return as a result of their investment in Bitcoin.

They should not be afraid of dropping price when they store their bitcoin for more than a year because the little the time to hold the little will be profit and vice versa. We can just talk  about the concept of bitcoin, ups and downs and about its reality but we cannot force to make investment because they have their little money so of course everyone will be in fear when the market downs and not everyone can manage the risk.

They will understand only when they take step towards reality and gain some experience of losing and making money.
hero member
Activity: 1484
Merit: 928
April 23, 2023, 03:51:22 AM
#24
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
The only people that should be scared because bitcoin price is dropping are the newbies, I don't think someone that have been in crypto space for long time will be scared of bitcoin price dropping. We don't even expect bitcoin price to be going up without coming down, it those not really make any sense, whenever their is bear market, it gives everyone opportunities to buy their bitcoin at a cheaper rate. But I notice the weak buy bitcoin at the top and sell when the price is down, but the strong always buy at the bottom and sell at the top.
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