The number of hodlers - page 2. | Bitcointalksearch.org

dataispower

sr. member

Activity: 1330

Merit: 289

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of hodlers.

The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

how did you know what you know very well is what you will expose to air, this bearish market is something that repeat it self every blessed four years since the existence of bitcoin. Not the holders who knows or caused the bearish and bench lines of bitcoin this time. Holding Bitcoin they are only holding it for their own benefit and the prophet so there is nothing I can say that holders are the causes of these Bitcoin be in the bearish market

kryptqnick

legendary

Activity: 3248

Merit: 1402

Join the world-leading crypto sportsbook NOW!

The poll is still fresh, so not many people responded, but I am happy to see that so far the vast majority is hodlers. I tend to hodl as well, especially during the bear market. I only sell if I absolutely have to due to some financial circumstances. To be honest, though, I try to maintain a similar behaviour during the bull market as well, although I can sell a bit more if the price is quite good and I know I'll need this fiat at some point this month, for instance.
As for those who sold now, I don't get it. You've probably acquired these coins at a higher price, so you sold at a loss. And there's no guarantee that the price will fall significantly below $20k. So you might then end up buying at a higher price because of realizing the market's moving up, which will lead to even more losses. It's best to sit tight and wait it out.

btc78

full member

Activity: 2520

Merit: 214

Eloncoin.org - Mars, here we come!

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of hodlers.

The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

look at the answers and votes, majority says they HODL but we can see at the bitcoin price movement that there are majority that sells instead of holding , I myself HODL but Sell some bitcoin also for my own safety .
at least if the price continues to fell then i have funds to buy more bitcoin or at least i have budget in times of emergency needed of funds,

livingfree

hero member

Activity: 2884

Merit: 579

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of hodlers.

I don't understand this, are you talking about the current bear market? Well, many will do agree that 2018 is much worse compare to the current that we have.

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

It's because many are looking forward to the future price of bitcoin. And it's likely that all of our minds are bonding together that sky is the limit for the next bull run.

You don't want to miss that when it happens and that's why many are holding at the current period of bear market.

Franctoshi

hero member

Activity: 966

Merit: 588

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of hodlers.

The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

This is a good sign for Bitcoin entirely that a lot of investors are begging to understand what is actually going on with the economy and inflation, this is a sign that indicates that there's no safer place to be right now than in Bitcoin , I'm not going to give up in hodling my portfolio in Bitcoin come their economic horrican or Tsunami , the only safest place to run for shield is owing BTC no matter their attempts to price out asset from the middle class, #HODL continues.

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of hodlers.

The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

Worst BTC bearish? Not really, if you've seen how bearish the market was in 2018. That's actually worst that what's the current Bitcoin status today.

And, talking about the number of holders who keeps holding, that actually is expected as a result of the previous bear market.
People who's been in crypto space for quite a long time is not only holding, they're apparently accumulating more and the number of people who's doing this is increasing as well. I am pretty sure of it without having any sources to back it up.

dragonvslinux

legendary

Activity: 1722

Merit: 2213

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

Indeed the 1 year+ holders are currently at 65% after hitting a high 66% last month. Even with a sell off from $30K to $20K, only 1.5% of these long-term holders have sold, which is impressive hodl mentality. This high level of long-term holders is unprecedented for Bitcoin's bear markets, which is why many believe it can be short-lived, even if the bear market previous has lasted for multiple years.

Based on the current poll results (66% I Hodl), this is very much a reflection of the overall sentiment of long-term Bitcoin holders right now.

Zilon

sr. member

Activity: 966

Merit: 421

Bitcoindata.science

Quote from: ImThour on July 11, 2022, 07:19:10 PM

I won't lie, I saw this drop incoming, I sold near $50k's and bought back at $32k, then sold at $64k in Nov.
The chart pattern which was forming was double top with bearish RSI Divergence in which RSI is was going down, Price was going up.

Once it came towards $48k, I was able to see it forming another similar pattern which happened in 2018 that it will touch $22k.
So I bought at $21.5k for 50%, and DCAing the rest 50% throughout the year.

I caught the bearish trend a bit late. I sold at $32k bought back at 25k and never bought again. My indication is still pointing towards the bear market so i will rather wait to buy the dip. But if my analysis goes wrong i will buy above $25k to avoid been trapped. I will start applying DCA if price falls to $15k but if $15k margin never occurs then $25k again will be my new bull

Toni Ross

newbie

Activity: 23

Merit: 1

The number of bitcoin adoptions is increasing due to the low value of bitcoin. Many new investors have invested in bitcoin.

Nrcewker

copper member

Activity: 2268

Merit: 539

DGbet.fun - Crypto Sportsbook

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of hodlers.

The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

The hodlers have known the true capacity and capabilities of Bitcoins.
They know Bitcoins won’t break down their expectations. Bitcoins will rise no matter what happens.
The main reason for which many people are holding the Bitcoins are due to it’s marketcap.
Bitcoins are limited in number, so when the demand of the coin increases, the price will eventually rise and hence it’s good to HODL.
For these reasons the hodlers have increased compared to previous bearish markets.

worle1bm

full member

Activity: 1834

Merit: 166

Have not sold my stash now and only holding at the moment some coins I have bought back not a significant amount but still trying to accumulate more with whatever amount I can at these dips.But at this time only holding my coins for long term and maybe will sell some of it once it cross $50k or so but long term holding is option for me.

Fernando Gomez

newbie

Activity: 17

Merit: 0

The number is increasing though some are selling off their bitcoin.

Christopher Andrews

newbie

Activity: 17

Merit: 0

Even though many are selling, there are many who are investing and to the surprise some of them are new to bitcoin.

2stout

hero member

Activity: 2548

Merit: 607

As more and more continue to educate themselves by paying attention to the previous bear market cycles, the ranks of HODLers will continue to grow and only grow stronger. This does not surprise at all.

0verseer

full member

Activity: 480

Merit: 106

Quote from: coolcoinz on July 12, 2022, 03:11:32 PM

Quote from: isaac_clarke22 on July 12, 2022, 12:21:51 PM

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

~

Worst BTC bearish market? Where did you get this information, OP?
I am pretty sure this ain't the "bearish" market in fact that I even encountered the price of 3k per BTC couple of years back.
Surely these indicators are not serious aren't they?

It's not the price that shows the severity of a crash but how fast and by how much it fell from the top. A fall from 5k to 3k would by no means be considered severe. A fall from 70k to 18k is really much worse. Some of the indicators we're talking about are the moving averages, number of red weeks in a row, volume of liquidations, the price being at the level of miner capitulation, which is the point where miners can no longer afford to hold their coins but instead sell everything to cover their bills, bitcoin being below the previous bull market high for the first time in history, and many more.

Yes, price isn't all but it was the market reaction toward bearish news. Just recently, news regarding FED keeps on their goals to increase the rate make BTC pull a long sell candle from 20k to 19k, just shy away a little to 18k price. Right now, I can say most people still holding their BTC in the exchange are the weak hand and traders. If you look for the strong or diamond hand, you'll find none since they already withdraw their BTC back to the cold wallet as the number of BTC holders raising show.

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: Yaunfitda on July 12, 2022, 05:44:26 AM

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of hodlers.

The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

Of course, doesn't make sense for holders to sell just because the price is tanking and one of the worst bearish market.

We even have this report, Bitcoin Leaving Exchanges Hits An All-Time High. But it doesn't mean that the bitcoin leaving exchanges are being sold, maybe they just want to put in a safe wallet wherein they have total control over it.

That is true, in fact, money in the exchanges means that it could be sold, money out of exchanges usually means that it’s not getting sold to me. That could be wrong, but I feel like people who would like to hold for a long term would want the money in their accounts, and in their own address' and not in some exchange. Think about all time high amounts of bitcoin being held in exchanges, would that be better? Of course not, this is why it makes sense to me that they would be doing a lot better right now in their own wallets.

This is another sign that bitcoin bull is coming very soon, or to me it is at least, maybe I am wrong and it doesn't mean that, but it sounds like that to me.

yazher

hero member

Activity: 2268

Merit: 588

You own the pen

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

Although the on-chain indicators point towards the worst-ever BTC bearish market, they also underscore the increasing resilence of hodlers.

The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

Of course, no one really wants to sell their crypto assets at a time like this, after all, they might already get some huge amount of money from their last investment and this time they are not rushing and they don't really care about the market situation rather they just remain silent and aim for the long term investment which they will gonna get a huge amount of income. Today you only see a few people that are selling their coins because they don't have the guts to wait they don't have enough money to survive which leaves them no choice.

yhiaali3

legendary

Activity: 1848

Merit: 1982

Fully Regulated Crypto Casino

Yes, this comes as a result of the accumulation of experience, most of the traders with average experience realize that every drop in the market is followed by a rise, they must have witnessed many declines that occurred in the past then came the rally, also they realize that Bitcoin despite all this tough bear market has only one uptrend at the end, so the DCA strategy is the best in these times while continuing to hold of course.
This market needs patience and experience, the faint-hearted have no place in this market and unfortunately they always lose because they simply fall into the trap of whales.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: Adbitco on July 13, 2022, 03:04:46 AM

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

There is no doubt concerning in this situation and this bear was like a chance for those who engages their selves buying when the market was $67k despite that much increase in the price this is another chance to recover, making most investors buy and hold more for being at minus looking from the price today so there should be more holders insteads sellers. It is only novice who don't want to utilize this best opportunity would also come crying how they missed their chances of buy at +$17k.

If they've bought bitcoins at $67k and have been holding them until now, we should salute them for being able to hold onto them until now.
The current conditions allow them to buy more bitcoins at this low price, especially now that bitcoin is experiencing another correction and is at $19k.
If they buy more bitcoins at the current price, their actual purchase price could drop drastically because if they take their average purchase price, they are not buying at $67k but a low price.
I don't know how long the market conditions will change and we can all take big profits again.

Adbitco

hero member

Activity: 1428

Merit: 653

Leading Crypto Sports Betting & Casino Platform

Quote from: TeslaWatt.com on July 11, 2022, 03:03:17 PM

The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.

There is no doubt concerning in this situation and this bear was like a chance for those who engages their selves buying when the market was $67k despite that much increase in the price this is another chance to recover, making most investors buy and hold more for being at minus looking from the price today so there should be more holders insteads sellers. It is only novice who don't want to utilize this best opportunity would also come crying how they missed their chances of buy at +$17k.

Topic: The number of hodlers - page 2. (Read 711 times)