Know your time to HOLD - page 2. | Bitcointalksearch.org

Mr.suevie

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Quote from: Fredomago on July 27, 2023, 06:29:43 PM

Quote from: palle11 on July 27, 2023, 03:16:51 PM

Quote from: DaNNy001 on July 26, 2023, 06:06:57 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.

Fredomago

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Quote from: palle11 on July 27, 2023, 03:16:51 PM

Quote from: DaNNy001 on July 26, 2023, 06:06:57 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.

palle11

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Quote from: DaNNy001 on July 26, 2023, 06:06:57 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.

DaNNy001

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Quote from: Dr.Bitcoin_Strange on July 27, 2023, 01:49:40 PM

Quote from: Pejoh Asu on July 16, 2023, 12:00:18 AM

I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

It's a bit certain that someone who invests in Bitcoin and holds it for a long time will make a profit; all that determines their level of profit is their ability to hold until a bull market. Although, for some people who keep Investing in Bitcoin every time, they can get a bit concerned about the trend as to when to buy more. Apart from that, someone who really keeps worrying about the trend and direction of the market might start having some panic selling, depending on whether the market is falling more than their invested capital. Also, if the market is also pumping, then they might quickly want to sell off, and after selling, the market can still keep pumping.

This is typical example of a scared investor and maybe actually the money he used for the investment is still playing in his head that's why he would want to watch the market on a constant basis. If an investment is constantly watch it bring nothing but tension and anxiety for the investor and this type of habit will probably make your investment all scattered because you will constantly sell for fear of dip and get confused on the time to buy again.

Letting your investment go for the market to decide it's faith is probably best and at least the best you can do is just to continue buying whether it pumps or dumps.

Dr.Bitcoin_Strange

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Quote from: Pejoh Asu on July 16, 2023, 12:00:18 AM

I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

It's a bit certain that someone who invests in Bitcoin and holds it for a long time will make a profit; all that determines their level of profit is their ability to hold until a bull market. Although, for some people who keep Investing in Bitcoin every time, they can get a bit concerned about the trend as to when to buy more. Apart from that, someone who really keeps worrying about the trend and direction of the market might start having some panic selling, depending on whether the market is falling more than their invested capital. Also, if the market is also pumping, then they might quickly want to sell off, and after selling, the market can still keep pumping.

n0ne

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Quote from: DaNNy001 on July 26, 2023, 06:06:57 PM

Quote from: Pejoh Asu on July 16, 2023, 12:00:18 AM

I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

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.

Based on the cyclic pattern of the market we're close to the days of halving and the same could bring better price in the days before or after halving. Hy this time the focus needs to be on holding bitcoin, apart from this time period we should always have a right time period to hold, which means atleast 3-5 years need to set. During this time period we may experience bounce or decline, and the close observation will let us make use of opportunities and increase the holding volume.

DaNNy001

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Quote from: Pejoh Asu on July 16, 2023, 12:00:18 AM

I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

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.

yohananaomi

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Quote from: Joshapat on July 21, 2023, 11:55:31 PM

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.

Many are afraid when the price drops from when they bought it, so it's no wonder many sell immediately with the aim of not experiencing even more losses. But actually, it's true, as you said, that if it's corrected, the price will go down, but that's the time to keep buying, collecting more, and holding it until the bull market arrives. because the opportunity to buy at a low price is not necessarily obtainable at any time, so don't panic and keep on buying, and then hold off even though it might take longer, but you can be sure that the situation will recover soon.

Joshapat

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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.

Mario Yamasaki

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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.

Sebas.tian

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Now that the price of Bitcoin reached $30,000 in this month of July, I think it will make you feel good to achieve something reasonable from your holding. But the way the market price is pumping in this month of July, show that $40,000 is possible before the end of this month. Understand time to hold and time to release Bitcoin is very important to Bitcoin holders, because once you know that the price has increased higher more than the amount you purchased your Bitcoin, showed that time to sell is around the corner. But many people doubt the time to sell their Bitcoin sometimes which is not good as a Bitcoin holders, and it will make you not to be comfortable with your satisfaction at the moment.

Fakhrulenclix

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Quote from: Pejoh Asu on July 16, 2023, 12:00:18 AM

I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

That's great when we choose long-term investing, but everyone has a different plan, and in my opinion the time to buy, hold or sell is a very important thing to learn because time will affect many things for us to be able to take profits or vice versa.
Being able to read charts is a difficult thing, but I'm just being realistic, before making an investment, I think there must be a profit target, so when the target is reached, we must let it go without being greedy, and when the target has not been reached, whatever happens, we must be able to withstand it.

flyingcarpet

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Quote from: Asuspawer09 on July 16, 2023, 03:00:13 AM

Quote from: Call_Me_Guru on May 18, 2023, 06:56:05 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.

For sure, knowing your timing is a big thing on cryptocurrency, but you gonna need to plan your investment what price are you aiming to sell and how are you going to hold your investment for the short term or for the long term? When the price of Bitcoin was around 15k$ after the bull run it quickly drop I immediately know that it is a good opportunity to buy that time so I bought a huge amount that time and now the market price is back to 30k$ which is a good thing meaning its an easy profit.

That just means that it's a good indication that you should have enough knowledge before starting to invest and you should know what you're doing at some point because knowing what you're doing means you could earn a profit and not just lose your money since you plan your entry and exit. At this moment I know that it's a good time to hold since I bought it at the bottom and planning to sell it for around 100k$ which is I think a fair price I could easily HODL even after that since there is a lot more room for profit.

You bought at a very good price. This shows that you know the market. Waiting for the right time and buying from that point is an important issue. Patience is required to achieve this. Those who think about doing HODL usually do no harm. Bitcoin has never failed us in this regard.

Of course, there are instantaneous decreases, but when we look at our knowledge here and the previous movements of the market, we know that Bitcoin will rise again. This information did not occur immediately. It was the result of our time in the market. Of course, there are many things to be aware of in the market.

The most important thing is to act in a planned way as you said. The plan will bring us success.

Asuspawer09

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Quote from: Call_Me_Guru on May 18, 2023, 06:56:05 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.

For sure, knowing your timing is a big thing on cryptocurrency, but you gonna need to plan your investment what price are you aiming to sell and how are you going to hold your investment for the short term or for the long term? When the price of Bitcoin was around 15k$ after the bull run it quickly drop I immediately know that it is a good opportunity to buy that time so I bought a huge amount that time and now the market price is back to 30k$ which is a good thing meaning its an easy profit.

That just means that it's a good indication that you should have enough knowledge before starting to invest and you should know what you're doing at some point because knowing what you're doing means you could earn a profit and not just lose your money since you plan your entry and exit. At this moment I know that it's a good time to hold since I bought it at the bottom and planning to sell it for around 100k$ which is I think a fair price I could easily HODL even after that since there is a lot more room for profit.

Pejoh Asu

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I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

Bitcoin_people

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The beginning of 2023 was a reflection of the growth of the Bitcoin market. The bitcoin market has slowly moved forward since its inception, you will notice that the market was dumping a lot in the beginning but now it is pumping a lot. The Bitcoin market is in a good position in July and the bull market is not far away. Since Bitcoin price was above $25k last month but it has rebounded to cross $30k. Very soon we will see the market rebound again so I think now is the right time to invest. Investing now is definitely profitable so it is better to join the investment as early as possible.

Halime Anatolia

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Quote from: rat03gopoh on June 30, 2023, 06:35:07 PM

Quote from: AnonBitCoiner on June 30, 2023, 02:04:52 PM

In the case of bitcoin we can buy it at anytime but not at the price of 80k$ and 90k$ because we are not just holding it but we have to take benefit and profit from it so if we buy at such a high price then how we will take benefit from it.

In 2016: $400~$700 price range, was $10k worth buying? The answer was no, it seems impossible to get that high.
ATH 2017: $20k

In 2019: $3k~$11k price range, was $30k worth buying? The answer was also no.
ATH 2021: $67k

In 2023 (current): $17k~$31k price range, is $90k worth buying? The answer is no.
ATH xxxx: $xxk (coming soon)

In 2026: $xxk~$xxk price range, is $200k worth buying? The answer is no.
ATH xxxx: $xxk (coming soon)

etc...
Hope someone will find this post in 2033 and tag me with the last ATH price then.. Wink

The percentage from 2019 to 2021 is 70.14% up, now if we estimate, for example, let's say the current value of BTC is $30K with your target, is it possible for BTC to repeat its history like the 2019-2021 period by 70.14% for the 2026 period or take the time which is close to 2024. If yes. according to the post title OP time to HOLD and if not just our imagination.

Mario Yamasaki

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Knowing the right time to buy and hold is the best and most difficult strategy we can do, most people will buy when the price starts to rise like today, because they can't wait to hold it so when the price drops they panic and sell at a loss.

Sebas.tian

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Holding for years, and know when to release the coins to the market are very important to Bitcoin investors because it will make you comfortable with the current price and you will not be panic like the way other Short term holding are panicking when they saw the market price reducing. Now that the price of Bitcoin is still between $30,000 and $31,000 in this month of July show that is not good to sell in this bearish season than to continue holding till bullish season take over the market soon before you can supply to make a good profits at the moment. I don't think, Bitcoin will pump to $69,000 before the end of this year 2023 because that is the mind of many holders before they can start releasing their bitcoins for sale which will be difficult to happen in this season.

Mame89

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Quote from: uswa56 on June 27, 2023, 05:57:43 AM

If for long-term holding it is not necessary to always monitor market price movements but not for day traders, now in my opinion Bitcoin price movements are quite surprising like what happened last week when significant increases occurred in only a short period of time.
But even so, we must also have a target before making an investment to determine profits or cut losses so that we know to what extent we will hold and also let go.

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.

Topic: Know your time to HOLD - page 2. (Read 1924 times)