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Topic: The HODL to 100K movement - page 4. (Read 862 times)

member
Activity: 327
Merit: 12
October 09, 2021, 07:44:16 AM
#71
Definitely not everyone would hold for long. Different things would come up that would warrant many to sell off. For me I am not much in a hurry to meet the $100k speculation but if it comes sooner better. Holders are patient investors who don't get bothered by bear moves because they are certain of a correction with maximum profit
it's true like that because not everyone can survive with the strength to hold their assets, one of which is me who always wants to sell my assets when the price goes up even if only a little Smiley
not without reason, this is the nature of human greed that will indeed be very difficult to change. The desire to always get a lot of money and always in a hurry is one of the problems here.
and it's true there is a saying that says "the really strong will survive" maybe that sentence is true Smiley
hero member
Activity: 2156
Merit: 531
October 09, 2021, 06:59:22 AM
#70
hodl up to 100K actually it's not an exaggeration but is it only to 100K? assets like bitcoin will be more useful in the future ,we all know how much the price of bitcoin came from and until now the price growth is getting higher ,later I think it is natural that the price will continue to grow in the future ,dont have a target if you are willing in hodl long term
sr. member
Activity: 1778
Merit: 294
October 09, 2021, 06:31:07 AM
#69
HODLing until reaching $100k is one of the reasonable acts I think. There has been another great run in the market now. Bitcoin price seems like capable of reaching a new ATH level even in October. $100k target is not just a dream for this year but it is not easy to achieve also. But sooner or later especially with a bull run, I think that it will come true.
That's subjective, some people out there will find it ridiculous especially when the prices starts going up again and we see another all time high albeit not 100k. You're optimistic but the problem is that you're ignoring the uncertainty of the future, what if along the way, the prices starts going down or there's a news that heavily influenced the market in a negative way.

I'm not ignoring the uncertainty of course. If I did, then I wouldn't make any investment into Bitcoin blindly.  Grin  That would cause me to lose a lot of money easily probably. I'm just hoping to see $100k in this year or early in 2022. This rally may not continue until the end of the year. But if we see a new bull run in this year, then it will help this target be achieved much easier.
sr. member
Activity: 1428
Merit: 252
October 09, 2021, 05:25:17 AM
#68
Yesterday the price has reached $56k, unfortunately today the price is corrected by 2% to $54, but I believe that the price of $100k can be achieved this year, october is the first test of new ATH so the hope to reach $100k does not take long to waiting.
jr. member
Activity: 19
Merit: 2
October 09, 2021, 02:43:42 AM
#67

If that is the case in your opinion then what makes the value of Bitcoin to grow from what in the year 2013 till it current value now. If you said is adoption then adoption will not just happened but it can only happens when the new players buy on the exchange, so holding or not Bitcoin market price will continue to grow the forces of demand and supply.
[/quote]

Price is a function of supply and demand. BTC grew from 2013 as there was more demand for the asset than that supplied. So, when demand remains constant and supply is constrained by hodlers, the price moves up. (And the opposite when supply increases via desperate sellers, such as what we see during times of market corrections).

So, if, going forwards, there are less sellers, but the demand from buyers increases, price will increase. Hence the HODL to 100K movement.

full member
Activity: 1470
Merit: 148
October 08, 2021, 06:43:33 PM
#66
https://ibb.co/LxZBfP7

I give up. Any tech savvy person know how to post the image? If so, please help a luddite!

Seriously being bothered not having chance to post that image in which nothing different from those posts we are seeing here
that bullish for Bitcoin? lol sounds very serious  Grin

If everyone should keep holding how then will crypto currency exchange will make their own money since they out to make profit the way you want to make profit from holding on the exchange. $100k may not happen soon the way people want it to happen within this year but base on what people are saying we may likely see Bitcoin market price reaching $100k in time to come and I don't think no one when it will happen.
and it is impossible if everyone holds then the value will not grow totally , the evaluation of the price happens because of circulation
that shows how strong and valuable the market is.

without those then expect this market as manipulative totally .
If that is the case in your opinion then what makes the value of Bitcoin to grow from what in the year 2013 till it current value now. If you said is adoption then adoption will not just happened but it can only happens when the new players buy on the exchange, so holding or not Bitcoin market price will continue to grow the forces of demand and supply.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
October 08, 2021, 04:09:56 PM
#65
Why HODL until 100k, what are you going to do then, sell everything for useless, depreciating $ & celebrate that?
I’ve been buying & HODLING since 2014, I’ve barely sold anything. Now more than ever I’m starting to see how useless fiat currency is.

I will sell some in Q4 but nowhere near even 50% of my stash. I think it’d be moronic to go all in to fiat.

Sell enough to make your life better to retire if you’re lucky & have enough money to last 3-4 years until the next bull run but selling everything at $100,000 is stupid.



It is what I have already planned to do from quite some time now,HODL until 100K is achieved and then sell everything but at one condition.The condition I have put to myself is that 50% of all the money I get from selling my coins at 100K will go to build mining rigs with GPU-s which I like more than ASICS but why not try 1 or 2 ASICS as well.This way I will be ready for the next bull run which may happen if history repeats itself every 4 years.
sr. member
Activity: 1218
Merit: 251
October 08, 2021, 03:19:40 PM
#64
it will certainly be very good when it is realized well Smiley
but in reality the expectations that we expect sometimes do not match the reality that occurs and in the end we will lose and always want to sell the assets we have when the price has exceeded the initial price (even if only a little bit).
I guess everyone has the same taste for it Smiley
but when it does happen and is strong enough to hold $100k over a period of time I think it would be great for that person and very worthy of being called true hodlers.
even though there are things like that, the comparison is very small because most are always itching to sell their assets when they get a little profit
legendary
Activity: 2338
Merit: 1084
zknodes.org
October 08, 2021, 02:49:30 PM
#63
hope everyone who owns bitcoin would want to be able to see bitcoin able to reach the price of $ 100k and this will be a new history for bitcoin will affect the price of altcoins.

Those who don't want bitcoin to $100k are those who don't buy bitcoins when bitcoin prices are still cheap.

Bitcoin's journey is certainly still long and the prediction of $100k has been widely discussed by several professional traders.

Holder is the winner and if you want to be rich hold on until the target is reached.
hero member
Activity: 3080
Merit: 603
October 08, 2021, 01:56:23 PM
#62
Definitely not everyone would hold for long. Different things would come up that would warrant many to sell off. For me I am not much in a hurry to meet the $100k speculation but if it comes sooner better. Holders are patient investors who don't get bothered by bear moves because they are certain of a correction with maximum profit
We holders are very patient. If you happen to hold that bitcoin of yours since 2018 or earlier then you're truly patient. And it's a fact that not everyone can hold for a long time because we can face some circumstances that will change our holding behavior.
We might sell eventually if it's very needed even bitcoin hasn't crossed the $100k mark yet. Different situation and problems we may face but if you're a firm holder and have an accurate plan, you'll definitely hold until $100k and what's next after that? $500k-$1M?
legendary
Activity: 2282
Merit: 1023
October 08, 2021, 01:27:10 PM
#61
Definitely not everyone would hold for long. Different things would come up that would warrant many to sell off. For me I am not much in a hurry to meet the $100k speculation but if it comes sooner better. Holders are patient investors who don't get bothered by bear moves because they are certain of a correction with maximum profit
When it comes to the price, the huge investors make the most in these situations, who cares about anyone who are booking their profits early. The real game is make the maximum profit in a short period of time and the institutional investors are aware of it and so is the reason they grabbed the opportunity and investing heavily and if it reaches they desired target while investing expect them to book their profit.

I am also optimistic that we will see the value reaching new all time high but it is hard to predict what these institutional investors are planning and when they are planning to book their profit because they have billions invested in the market.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
October 08, 2021, 01:05:39 PM
#60
Another thread full of people who don't realise BTC is the new money. HODL for 100k? More like HODL for LIFE! Anyone who does not understand this does not understand bitcoins true potential or that the future is bitcoin. Fiat is dying. Why why why would you trade your money for monopoly money?

That just does not make any sense to me.... Roll Eyes
more people do not believe in bitcoin's future potential as a very valuable currency. trust is still largely in fiat. it is used every day and in reaching everything easily.
bitcoin as an investment asset has not yet achieved this. but our belief in the future by replacing fiat values I think will come true.
we have seen how bitcoin is growing fast and getting clear regulations from several countries. this is the start of a great opportunity of developing bitcoin's true potential.
Fiat is one of the currencies that is still in interest because of their daily transactions but for those who don't know always ignore bitcoin as a valuable asset in the future and of course we will be very strong with the HODL movement to the next 100k, won't this definitely happen? after a significantly improved development?
We are aware of this because the Fiat that we use so often will not disappear instead it is just a stable currency and bitcoin a more valuable asset than others.
That's all I believe that bitcoin is a place to store assets in the future.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
October 08, 2021, 12:37:56 PM
#59
Definitely not everyone would hold for long. Different things would come up that would warrant many to sell off. For me I am not much in a hurry to meet the $100k speculation but if it comes sooner better. Holders are patient investors who don't get bothered by bear moves because they are certain of a correction with maximum profit
full member
Activity: 1638
Merit: 122
October 08, 2021, 11:50:08 AM
#58
Another thread full of people who don't realise BTC is the new money. HODL for 100k? More like HODL for LIFE! Anyone who does not understand this does not understand bitcoins true potential or that the future is bitcoin.

That just does not make any sense to me.... Roll Eyes

im not sure if your against the op or not .

btc is the new money so people should spend it rather than hodling it . btc is now over 55k and still growing , 100k is not far so we arent hodling for life  . some believes that btc has a potential in the future so they hodl thier bitcoins and not by spending it .

Fiat is dying. Why why why would you trade your money for monopoly money?

you mean why trade crypto to fiat ? we dont need to trade our crypto to be able to spend it but we can spend it directly .
full member
Activity: 658
Merit: 102
October 08, 2021, 11:48:31 AM
#57
This is how thing should be going in the perfect world, but you need as little as one person to crash this type of alliances. There will always be that someone, who is too greedy and anxious and will dump as soon as he get the slightest chance.
Also, exchanges will never let people only hold their assets in cold wallets, they need money from transactions, thats why there are always some promotions going on, which to be honest, only help wealthy people.
legendary
Activity: 2030
Merit: 1189
October 08, 2021, 11:39:38 AM
#56
Despite that the cryptocurrency market is unpredictable, I am thinking that BTC might go up to as much as $80k. $100k is still a possibility since we are already in the 4th quarter which is kinda “bullish” period. Unless there are some sudden circumstances that would result to short term pullbacks, the chances of $100k this year would be slim to none. Just my opinion.
Well, you're not in the wrong predicting at that price point, pretty sure that there's a possibility that bitcoin is going to be going up, especially when December comes, that's the most notorious year when prices go up in value. Probably hodling right now is the best thing that anyone can do and it's going to be risky to buy right now.
Yes, given how Bitcoin performed in December time in the previous years there is a good chance that a large proportion of people will just HODL. However, just because we think it is better to HODL, to form that unity to push up the price doesn't mean it will happen.

The market is volatile and there are numerous people with BTC that in the end will do what's necessary gains for them.

There just isn't no point in hoping for something which clearly can't be controlled for.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
October 08, 2021, 11:17:13 AM
#55
Anyone have views on this movement that seems to be gathering pace last few days?

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table.

I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here.  Huh

I use Bitcoin now to pay for my data service, since my data vendor now accepts crypto-currency, I also do some of my school research work paying the cyber cafe attendant in crypto-currency, and to me it has been exciting, this is what interests me about crypto-currency and to to hodl when I probably need to get somethings done, regardless I don't think everyone will be in on it, still many are already hodl till $1million.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
October 08, 2021, 11:08:32 AM
#54
Another thread full of people who don't realise BTC is the new money. HODL for 100k? More like HODL for LIFE! Anyone who does not understand this does not understand bitcoins true potential or that the future is bitcoin. Fiat is dying. Why why why would you trade your money for monopoly money?

That just does not make any sense to me.... Roll Eyes
more people do not believe in bitcoin's future potential as a very valuable currency. trust is still largely in fiat. it is used every day and in reaching everything easily.
bitcoin as an investment asset has not yet achieved this. but our belief in the future by replacing fiat values I think will come true.
we have seen how bitcoin is growing fast and getting clear regulations from several countries. this is the start of a great opportunity of developing bitcoin's true potential.
sr. member
Activity: 1358
Merit: 261
October 08, 2021, 10:50:26 AM
#53
Anyone have views on this movement that seems to be gathering pace last few days?

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table.

I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here.  Huh

$100k seems a very realistic prospect for the end of 2022, and I'm sure many people are interested in hodling till this symbolic target price. That being said, I don't like the idea of uniting and hodling till $100k because then comes the natural question: what next? And if the goal is to hodl till $100k, they'll most likely sell everything once the price gets there, and this will be very damaging for the price as well as for Bitcoin's reputation among investors. Everyone should have a target price or at least a target purchasing power because otherwise Bitcoin's just numbers on the screen. But if many people set the same target price, it'll have negative consequences for those who are left.

Could actually happen in 2 or 3 years, unfortunately, it is also true that forming a group would likely cause the price to plummet, and no ones like that, also, if everyone will hodl, the chances of Bitcoin's value reaching 100k will take longer, so it is also true that everyone of us must have a target price of selling our bitcoins.

Also, hodling is such an idle thing to do, most hodlers will get bored and wait for the green light to sell their hodlings, not unless if you do have passive or reserved BTC intended for hodling once BTC reaches a new ATH or even $100k.
sr. member
Activity: 1148
Merit: 252
October 08, 2021, 10:28:25 AM
#52
Another thread full of people who don't realise BTC is the new money. HODL for 100k? More like HODL for LIFE! Anyone who does not understand this does not understand bitcoins true potential or that the future is bitcoin. Fiat is dying. Why why why would you trade your money for monopoly money?

That just does not make any sense to me.... Roll Eyes

Lol i'm agree, people keep holding fiat money that can be produced anytime and private just for the world leaders. If anyone is open minded about blockchain and bitcoin, they have to no longer collecting fiat as their savings but invest on bitcoin which so transparent and could be traded anytime worldwide.
So no matter the price is, keep holding it and it will become so much valueable when all people starts to realize it
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