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Topic: Know your time to HOLD (Read 1904 times)

sr. member
Activity: 476
Merit: 307
November 25, 2023, 04:21:02 PM
You sound not desperate, but impatient. First of all, you should invest only what you can afford to lose because you never know when you will be able to gain profit, especially huge. Secondly, Bitcoin is a long term investment. It's not really a good idea to try to make money by investing in it for months unless you can see the future.
I think you are right that investing in Bitcoin requires patience and quite a long time, so you also have to be prepared so that the funds absorbed do not interfere with your daily activities. but in time you will receive what you really hope for from investing in Bitcoin.
You really have a nice plan towards Bitcoin investment and I commend that. The mistake many people make regarding investing in Bitcoin is being too anxious to take profits. They rarely give the market time and are quick to sell whenever their Bitcoin holding enter into some good profits. Taking profits is not bad, but how one go about it can make him lose a good proportion of the profits they would have made.

You also tried to capture the aspect of investing money that will not affect our needs much. I think that is the only way to hold for long.
hero member
Activity: 3010
Merit: 794
November 25, 2023, 03:52:49 PM
You don't look desperate but you are the impatient type. From the way you have done it so far, it seems that you are very experienced in trading Bitcoin and you have also made a lot of profits. Indeed, HOLDing bitcoin is one of the best strategies for getting maximum profits in the future.
Usually people who don't give up are always more patient in waiting for maximum profits in the future by holding Bitcoin in their own wallet. Because impatient people will not be able to hold Bitcoin for a long period of time for profit, in fact such people will usually panic more easily when they see a price correction in the market or a drop in prices in the market, even if it is only for a moment. So this is the opposite, where the OP is a very patient person if he is able to hold Bitcoin for a long time.

Success is for those who are willing to take the big risk and have that huge patients to wait in order to reached their targets, though we do have different ways or different takes of our own strategy but most of the time people who knows how to play with the market are the one who really maximize the profits, if you are not being bothered by short market movements and you have that will to continue holding your chance to make decent profits is possible.

Unless, that the project that you are supporting already shows sign of being a scam there's always potential to bounce back if the coin suffers from a huge dump, bitcoin or any coin that you support as long as you believe with what the developers goals then holding can be applied.
Bitcoin is a project that people appreciate so well and is void of scams, those who would term Bitcoin a scam at this age must be illiterate and irresponsible at the same time. For this, the rest of mind in holding the project can't be an issue, but I respect your addition of that for ascertaining the worth of the project. I always advise traders on this regard so well, because no matter how good you are in speculation if the project is bad, there is no way you will not lose most of your money, if not all.

Now, if the scam and unworthiness are removed from an asset, it's a very good thing to buy at the right price and liquidate at the right time, my good chart reading guides me well on these. For Bitcoin, the rightest time to buy this season has passed, that was in November last year when it was hovering around $15,000. People often feared at that time because it was still a bearish market, but I wonder how Bitcoin could have been lower than that, perhaps some people wanted it to get to $10,000 before buying it...lol. Simply DCAing is another good one when you are not willing to take a total risk. Those who had started DCAing by then must have had a higher percentage of their investment in the coin by now, so they have nothing to worry about. But for those who are still missing out, the time is now or you miss out entirely. Undecided
Buy on the time that you would really be able to see that the entire community is really that in great fear and doubt. This is the sweetest spot for you to make an entry. Yes, as a human then it would really be
that also normal that you could really be able to feel up those emotions considering that when everything is really that so in red then you would really be thinking up that you might be able to get even more
negative when the price digs deeper. We do know that there are really moments or conditions on which the dip gets even more deeper on which it would really be causing for our mind and emotions
to raise up into those levels and asking on what you have done wrong.

Holding your position is never been that easy or simple. Why? Emotions would really be your main enemy on this time and as a human being then we are really
that susceptible to this or most likely you would really be that become too impulsive when it comes to this regard.
newbie
Activity: 12
Merit: 0
November 25, 2023, 04:35:45 AM
You sound not desperate, but impatient. First of all, you should invest only what you can afford to lose because you never know when you will be able to gain profit, especially huge. Secondly, Bitcoin is a long term investment. It's not really a good idea to try to make money by investing in it for months unless you can see the future.
I think you are right that investing in Bitcoin requires patience and quite a long time, so you also have to be prepared so that the funds absorbed do not interfere with your daily activities. but in time you will receive what you really hope for from investing in Bitcoin.
sr. member
Activity: 1582
Merit: 333
Buzz App - Spin wheel, farm rewards
November 24, 2023, 12:40:30 AM
Bitcoin HODLing for years can not be a lost affair.


Add Bitcoin to our portfolio. This is the place and moment if you want to change the game. Yes. That's the right word, even though there are many other options, this is most dominantly held by many large and institutional traders even though price movements occur frequently and often change and we can buy them on the open market. Very easy.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
November 23, 2023, 01:49:00 PM
You don't look desperate but you are the impatient type. From the way you have done it so far, it seems that you are very experienced in trading Bitcoin and you have also made a lot of profits. Indeed, HOLDing bitcoin is one of the best strategies for getting maximum profits in the future.
Usually people who don't give up are always more patient in waiting for maximum profits in the future by holding Bitcoin in their own wallet. Because impatient people will not be able to hold Bitcoin for a long period of time for profit, in fact such people will usually panic more easily when they see a price correction in the market or a drop in prices in the market, even if it is only for a moment. So this is the opposite, where the OP is a very patient person if he is able to hold Bitcoin for a long time.

Success is for those who are willing to take the big risk and have that huge patients to wait in order to reached their targets, though we do have different ways or different takes of our own strategy but most of the time people who knows how to play with the market are the one who really maximize the profits, if you are not being bothered by short market movements and you have that will to continue holding your chance to make decent profits is possible.

Unless, that the project that you are supporting already shows sign of being a scam there's always potential to bounce back if the coin suffers from a huge dump, bitcoin or any coin that you support as long as you believe with what the developers goals then holding can be applied.
Bitcoin is a project that people appreciate so well and is void of scams, those who would term Bitcoin a scam at this age must be illiterate and irresponsible at the same time. For this, the rest of mind in holding the project can't be an issue, but I respect your addition of that for ascertaining the worth of the project. I always advise traders on this regard so well, because no matter how good you are in speculation if the project is bad, there is no way you will not lose most of your money, if not all.

Now, if the scam and unworthiness are removed from an asset, it's a very good thing to buy at the right price and liquidate at the right time, my good chart reading guides me well on these. For Bitcoin, the rightest time to buy this season has passed, that was in November last year when it was hovering around $15,000. People often feared at that time because it was still a bearish market, but I wonder how Bitcoin could have been lower than that, perhaps some people wanted it to get to $10,000 before buying it...lol. Simply DCAing is another good one when you are not willing to take a total risk. Those who had started DCAing by then must have had a higher percentage of their investment in the coin by now, so they have nothing to worry about. But for those who are still missing out, the time is now or you miss out entirely. Undecided
sr. member
Activity: 490
Merit: 251
November 22, 2023, 11:17:39 PM
My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.
There is definitely sounds of desperacies as long you observed personally that you shortly developed impatient whereas the market Volume wasn't impressed on your side.
But what I literally do not get well on this your thread is if you are clamouring to hodl your Bitcoin due to the stable increments in values or insighting to halve your Bitcoin in your trading wallet or if you you are waiting for a depreciation in the markets values to do you could purchase in a cheaper volume while awaits an appreciation in values to accumulate more of Bitcoin in your wallet.
sr. member
Activity: 1092
Merit: 342
Hire Bitcointalk Camp. Manager @ r7promotions.com
November 22, 2023, 04:06:11 PM
The solution to these things in the market is not to sell, it is to know when the market can go up and know how to wait, it is Nothing more than that, a person who is not so Patient, so if he sells, that person will be the loser, No one else will see their waste of the Opportunity that life is Giving them, what I want is to always have money to buy all the bitcoin I can, because it is the only way I see to have a lot of money in the future, no There is another reason , you see , because I respect Everything they have been doing in other Investments , but the best in the world is Bitcoin.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
November 22, 2023, 09:25:33 AM
You don't look desperate but you are the impatient type. From the way you have done it so far, it seems that you are very experienced in trading Bitcoin and you have also made a lot of profits. Indeed, HOLDing bitcoin is one of the best strategies for getting maximum profits in the future.
Usually people who don't give up are always more patient in waiting for maximum profits in the future by holding Bitcoin in their own wallet. Because impatient people will not be able to hold Bitcoin for a long period of time for profit, in fact such people will usually panic more easily when they see a price correction in the market or a drop in prices in the market, even if it is only for a moment. So this is the opposite, where the OP is a very patient person if he is able to hold Bitcoin for a long time.

Success is for those who are willing to take the big risk and have that huge patients to wait in order to reached their targets, though we do have different ways or different takes of our own strategy but most of the time people who knows how to play with the market are the one who really maximize the profits, if you are not being bothered by short market movements and you have that will to continue holding your chance to make decent profits is possible.

Unless, that the project that you are supporting already shows sign of being a scam there's always potential to bounce back if the coin suffers from a huge dump, bitcoin or any coin that you support as long as you believe with what the developers goals then holding can be applied.
legendary
Activity: 3122
Merit: 1140
November 22, 2023, 09:23:55 AM
My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.

 
You don't look desperate but you are the impatient type. From the way you have done it so far, it seems that you are very experienced in trading Bitcoin and you have also made a lot of profits. Indeed, HOLDing bitcoin is one of the best strategies for getting maximum profits in the future.
Maximum profits would really be totally called to be maximum if you are holding tons and you do able to make some good entry point at the bottom and we know that on the time that you are making some entry buys
on higher price point then it would really be that something that much lesser if we do speak about returns and this is why there are traders or investors whom they would really be deciding on making some active trades
on which they wont really be preferring on holding up for long term considering the amount of profits that they are really taking or making is really just that less but well each person does have their own
risk tolerance on things on which there are ones who are risks takers and there are ones who do really love to play safe.

Holding for too long would really be needing or requiring that kind of emotion handling and really talking about mindset and really that resistance
on being impulsive because if you dont then for sure you would really be failing on this one.

hero member
Activity: 2576
Merit: 579
November 22, 2023, 09:03:14 AM
You don't look desperate but you are the impatient type. From the way you have done it so far, it seems that you are very experienced in trading Bitcoin and you have also made a lot of profits. Indeed, HOLDing bitcoin is one of the best strategies for getting maximum profits in the future.
Usually people who don't give up are always more patient in waiting for maximum profits in the future by holding Bitcoin in their own wallet. Because impatient people will not be able to hold Bitcoin for a long period of time for profit, in fact such people will usually panic more easily when they see a price correction in the market or a drop in prices in the market, even if it is only for a moment. So this is the opposite, where the OP is a very patient person if he is able to hold Bitcoin for a long time.
member
Activity: 728
Merit: 48
November 22, 2023, 07:20:22 AM
My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.

 
You don't look desperate but you are the impatient type. From the way you have done it so far, it seems that you are very experienced in trading Bitcoin and you have also made a lot of profits. Indeed, HOLDing bitcoin is one of the best strategies for getting maximum profits in the future.
sr. member
Activity: 957
Merit: 278
Vave.com - Crypto Casino
November 22, 2023, 06:05:02 AM
My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.
You sound like you're impatient or panicked. You initially thought that Bitcoin would continue to rise and you wanted to buy now before it got too high. However, you realize that more than 2 months of stupidity has changed your mind. You also realize that the price of Bitcoin does not always go up and experience significant fluctuations. Waiting for the price to reach a certain level before investing can be difficult due to high market volatility. Therefore, it is important to maintain realistic expectations and have a planned investment strategy.
jr. member
Activity: 50
Merit: 27
October 30, 2023, 07:24:29 AM
I buy when the price drops and hold from then on. Later, if the price increases, I sell it again. This is how I buy and hold all the time. Good money can be made by holding short term in it. I think everyone should buy and keep like this. We can earn good income from it.
The time to hold your Bitcoin vary with styles, your style of holding and selling is good and can fetch you more money. But it can't be used at all times and I do not suggest such a style to be used at this period that FOMO is in strong play, no one wants to miss the opportunity like before. Everyone is looking for ways to buy and keep bitcoins and hold it for more than 1 year. The reason for this is not hidden from the member of the bitcoin forum again and I am blessed to be a member of the forum and will not miss the opportunity for the fourth time.

Halving is coming, everyone has to get prepared to buy bitcoin and keep it. You may be doing your investment style but it should not be with all your bitcoin for you not to be pained when others are smiling to their accounts. This is the time that bitcoin can fake us, it might want to buy and not decrease again. This will not be fine for you if you are already in the sell position.
full member
Activity: 532
Merit: 229
August 17, 2023, 10:17:24 AM
I buy when the price drops and hold from then on. Later, if the price increases, I sell it again. This is how I buy and hold all the time. Good money can be made by holding short term in it. I think everyone should buy and keep like this. We can earn good income from it.
sr. member
Activity: 2394
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
August 15, 2023, 06:45:57 PM
Previous pattern of the market and price is what's making everyone anticipate an actually bull run after the halving and believe me no one wants to be left out this time around because we all, well I don't about you but am certainly to missing out on a slight possibility of bitcoin claiming to another ATH very soon and that's why I have been consistent with the only strategy I know could help me achieve this goal which is DCA.
I totally agree with you, friend, that no one wants to miss a bull run because that is what we have been waiting for the most from an investment that we have made so far.Buying in installments as much as we can at this time is certainly the right thing to do because the situation is approaching the era of the halving period. even though the situation can always change quickly and it is possible that a correction will occur again. Of course, that is commonplace and certainly an opportunity to continue buying and holding until next year.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
July 30, 2023, 11:57:17 AM
Agree with you, if the target is to buy bitcoin long term you shouldn't have to worry about the market price going up or down. Stay focused on the strategy by doing the DCA technique, you have to believe that 2024 is the year of accumulation, don't care about the price, how much funds you have, just keep doing DCA.

Because indeed the best way to invest in bitcoin now is DCA throughout 2023 and will reap the results in the fourth halving period in 2024, I myself do plan to HODL BTC until the 2024 halving period.

it is not possible to not care about price for instance if price is 40k$ and you buy bitcoin now suddenly the price goes down so you will be upset and lots of time is required to get that higher price again.

It can be possible that if you choose certain cost that at this cost you will buy whenever the market goes down and after 10 percent or 20 percent you will sell your asset to reap the benefit so it will be beneficial for your.

You should not be too calm to wait for more and more benefit because in such situations one gets deprives of the original profit too. Also don't be in too hurry as it can also be very dangerous for you therefore selection of certain percentage for selling and buying will help you to make accurate decision.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
July 28, 2023, 06:55:24 PM

I don't know but I feel it's very hard to monitor the price trend since Bitcoin is very volatile although past observation has proven that the market always goes high after the halving and this has been known to happen every fours. But on still all this are still speculation but I will be skeptical and hope to see the uptrend come after this halving that's why stocking BTC would be the best plan for since the bull season is just along the corner.

It is not speculative that after the halving of bitcoin that the price will rise because this has been proven even at the last halving that the price rose to $64k and that also pushed other coins like dogecoin to an unbelievable ATH. The idea about halving means bitcoin reward for mining is reduced and that supposedly should make bitcoin more valuable and therefore increasing the demand which cause price to increase. So every halving, bitcoin is expected to beat a previous ATH.

If basing with how the market behave during and after halving, we will be able to verify that kind of pump, and if the same thing will take place, another new time high may be expected, though it's not a guarantee, or it's not a recommendation but it's always best to continue doing your research, there are trace that you can use to follow the patterns and always have that trust in each decision making that you going decide, something that doable and need a lot of attention and dedications for better success.

Previous pattern of the market and price is what's making everyone anticipate an actually bull run after the halving and believe me no one wants to be left out this time around because we all, well I don't about you but am certainly to missing out on a slight possibility of bitcoin claiming to another ATH very soon and that's why I have been consistent with the only strategy I know could help me achieve this goal which is DCA.

Nothing to argue same with how most if not all who believes that the chance of owning bitcoin while the value still low will generate decent benefits, it's more on how you trust your judgement and how much spare you are willing to risk while waiting for your desire profits, it's best to have that goals and setting your target value will help you to keep holding, either to buy more if you have decent spare reserve money or just keep with the plan with your investment and wait.
legendary
Activity: 1890
Merit: 2995
LE ☮︎ Halving es la purga
July 28, 2023, 03:49:51 PM
My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.

 

If you go to hodl, it is not convenient to wait for it to drop to a certain price, even more so if you go long-term with that purchase.

In any case, if you buy at 30k or 25k, the price you mentioned, what is the percentage in the profit differential.

That percentage is the one that has to determine your final decision.

I  mention it in a general sense, as 25k isn't that far fetched, we just got off the 30k floor and how long did it hold that price, a few weeks, we've been in the 20k range, all of this year, except for April.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
July 28, 2023, 11:50:37 AM
The best time to hold is when a correction occurs, many people panic when they see red prices so they sell at a loss, of course this is a mistake because when a correction occurs the best thing is to hold or buy more. And now is the right time to buy more so we can get big profit when bull run happens.

Exactly. Correction phase is what you also called the retracement during an up move. Of course, not all the time btc is expanding higher. In order for the whales and other participants to buy again for a lower price, a correction occurs. That retracement serves as a second level for accumulation of more positions going higher. So if you know that it is going higher, then price going lower in a near term perspective is a signal for a good buying opportunity.
hero member
Activity: 2576
Merit: 579
July 28, 2023, 04:59:13 AM
In my opinion, if we know when is the best time to hold or sell, then we can easily get big profits, like we know that the potential for a very large bitcoin price makes us new millionaires, but on the other hand, of course, it can make us cry, and the best advice is to buy. with an amount that can be considered lost.
The best time to hold Bitcoin is when the price tends to be cheap and also if someone has bought it at a high price so that he has to be able to hold it for a long time if he still doesn't have time to sell when the price increase occurs in Bitcoin. As for those who had bought it at a low price, of course they only paid attention to how much profit they could achieve when they resold it. And it won't be as difficult as those who have bought at high prices with the aim of returning the reduced capital along with getting profits from their past purchases.

The best time to hold is when a correction occurs, many people panic when they see red prices so they sell at a loss, of course this is a mistake because when a correction occurs the best thing is to hold or buy more. And now is the right time to buy more so we can get big profit when bull run happens.
I also agree more with what you said because apart from having to be able to withstand a correction period, everyone is highly recommended to buy more using other money in order to be able to achieve maximum profits when an increase occurs again. But what I see now are that there are still two conditions that make some people hold Bitcoin assets, the first is because they still experience losses when they sell it now so they prefer to hold it. Meanwhile, some people are looking for greater profits after buying at low prices earlier this year.
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