Up or Down, People Hodl - page 3. | Bitcointalksearch.org

lobo13hf

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Quote from: Balladtony77 on April 18, 2020, 10:04:14 AM

What do you expect? Halving is around the corner so I expect more buy orders on exchanges from now on, Bitcoin is the best and it was designed to withstand recession times like we are in right now

I didn't expect a lot from the halving caused by the covid is still there and there was no reason for people to hype bitcoin again. i may think crypto will always be stable like this until the end of this pandemic.
He said just hodl in any situation but some people may think if they can make some bucks from the market and why not?

InwardContour

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Quote from: crypto1010 on April 18, 2020, 09:10:05 AM

By analyzing the Celsius smart contract, it is possible to see hodlers in action. Regardless of which direction the price moves, deposits have exceeded withdrawals.

Holding is not bad but at least you hold for long term with a proper strategy, not just holding and waiting for moon. For example, 30% of BTC in my portfolio is for long term holding while I trade the rest. I can't just be watching coins on my portfolio go up and down without making profit, since I'm a real time trader. However, I'm not castigating those who just hold for holding sake, we all must not have similar motives. If there are more holders, it's good for the overral market anyway.

mersal

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Number of withdrawals and deposit has no relation with number of people holding it, even if the trading activity increase the rate of deposit and withdrawal gets increases.But the thing is right no matter of what people will still hold their cryptos in ups and down, but there are only very few people with that kind of enthusiasm towards cryptos.

BlacksmithCorporation

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I'm not sure what you said is positive but looking at the chart can see the number of BTC withdrawals and deposits over time, BTC is getting more attention?

skarais

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Quote from: 20kevin20 on April 18, 2020, 09:30:22 AM

Doesn't it actually mean the opposite? If there are more deposits than withdrawals, it means more people are putting their BTC on an exchange than those who are withdrawing into their personal wallets. I see it this way, maybe my perspective is wrong.

No, you are right. For a trader who is active on the exchange, I think they would prefer not to keep their BTC in a personal wallet assuming they can always control the risk that price movements might pose.

Quote from: tsaroz on April 18, 2020, 09:52:16 AM

while people depositing are doing so for long term.

I am not sure an investor will keep their assets in exchange for a long time in hopes of earning interest. This action is very unsafe and also not recommended.

Balladtony77

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What do you expect? Halving is around the corner so I expect more buy orders on exchanges from now on, Bitcoin is the best and it was designed to withstand recession times like we are in right now

tsaroz

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DGbet.fun - Crypto Sportsbook

Increase in activity is always a good signal for market. People withdrawing from Celsius might have different purpose that includes cashing out as well as holding them in safe place while people depositing are doing so for long term. They are either new investors or believes banks would perform bad and Celsius is the only place where they'll get decent interest on their savings.

casperBGD

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Quote from: 20kevin20 on April 18, 2020, 09:30:22 AM

Doesn't it actually mean the opposite? If there are more deposits than withdrawals, it means more people are putting their BTC on an exchange than those who are withdrawing into their personal wallets. I see it this way, maybe my perspective is wrong.

agree, it is the quantity that is transferred to exchange higher than that hold in personal wallets, seems that people are looking to trade their BTC, not to hodl it long term, maybe celsius have something different in mind with these numbers, but then it should be noted in an image what deposits/withdrawals mean

jossiel

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Quote from: rexxarofmoknathal on April 18, 2020, 09:41:49 AM

The writing is literally on the wall people, buy bitcoin and either trade or hold! Make sure you hold for at least a year no matter what.

Trade for those scalpers.

They get profit for expenses and then retrieve the initial capital that they have in bitcoin.

The halving does really matter in these occasions. They don't want to be left by the possible up that it will bring to the market as an aftershock. I'm already hearing negative people about the halving and it won't be the same as the past but just to be sure, HODL is the best position today.

rexxarofmoknathal

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It's definitely important to work up the balls to hold now more than ever.

Bitcoin was designed to withstand the global recession and we are definitely on the brink of one. I wouldn't be surprised if this one is even worse than the great depression.

The halving is also just around the corner.

The writing is literally on the wall people, buy bitcoin and either trade or hold! Make sure you hold for at least a year no matter what.

20kevin20

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Doesn't it actually mean the opposite? If there are more deposits than withdrawals, it means more people are putting their BTC on an exchange than those who are withdrawing into their personal wallets. I see it this way, maybe my perspective is wrong.

crypto1010

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By analyzing the Celsius smart contract, it is possible to see hodlers in action. Regardless of which direction the price moves, deposits have exceeded withdrawals.

Topic: Up or Down, People Hodl - page 3. (Read 361 times)