Pages:
Author

Topic: The number of hodlers - page 4. (Read 711 times)

legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
July 11, 2022, 07:28:21 PM
#6
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.
How could you be that perfect in your chart reading? Interesting.
I am like when I really need cash then I take a good portion and sell. Many times I found myself, after selling some the market started to move up and up like 10x LOL
By the way, I am DCAing from long time. It was slow when the price was over $30k but now pushing it again.
copper member
Activity: 1470
Merit: 1609
Bitcoin Bottom was at $15.4k
July 11, 2022, 07:19:10 PM
#5
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.
copper member
Activity: 2114
Merit: 1814
฿itcoin for all, All for ฿itcoin.
July 11, 2022, 06:58:39 PM
#4
Although the on-chain indicators point towards the worst-ever BTC bearish market,
Help me point out how this is so far the worst ever BTC bearish market?
I am going to be honest It hasn't affected me like the way the 2018-2019 bear market did.

Personally, I am trading more in this bear market with hope that by the time the next Bull market takes off, I should be having enough sats to get me some sweet profits during that time.
hero member
Activity: 812
Merit: 560
July 11, 2022, 03:33:33 PM
#3
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.


I can't lie to you am totally jot getting your point here, it maybe a question or suggestions but either ways I believe OP will find out time to get things right by himself with just a little editing to make it readable and understandable, here if i may try make some and bearish in bitcoin price isn't the first if it kind and holder only have the choice to wait until when the time comes for them to pull out for sale
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
July 11, 2022, 03:21:43 PM
#2
Although the on-chain indicators point towards the worst-ever BTC bearish market,
What online indicators are pointing towards this? The bearish sentiments are definitely high among investors and traders, but calling it the worst ever Bitcoin bear market seems like a bit of a reach

The number of hodlers not selling ever under extreme market conditions has become higher than in previous bearish markets.
As the Bitcoin market grows, investors have lots of history to understudy and this would definitely influence their resolve to hold or cut their losses. Much earlier when Bitcoin was still a very novel concept and there were lots of uncertainties about it, it was much more difficult to actually hodl than it is now.
member
Activity: 405
Merit: 10
www.teslawatt.com
July 11, 2022, 03:03:17 PM
#1
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.
Pages:
Jump to: