We are having the difficult time, are you still a Bitcoin HODL？ - page 2.

Bezobraznike

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Emitdama on April 13, 2020, 02:54:00 PM

I am not holding only Bitcoin, there are other places I have invested my money as of now. And I wouldn’t be telling you to HODL, I don’t even know whether the price is going up next or down, I’m just only wishing that it does go up.

I hold other alt-coins too, not just Bitcoin! After some time in crypto-currencies and reading about all
other projects, beside Bitcoin and Ethereum, I got a feeling that I can't miss to invest in some of them!
Bitcoin and Ethereum are my first two choices, most of my investment goes in one of these two. But
I always leave some small part and invest in some alt-coin I find attractive for long-term holding.
I still hold my first purchased Bitcoins and all other alt-coins!

Shasha80

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Of course I will hold bitcoin in a difficult situation like now. It's not easy to do it, because surely we feel panicked. If we believe in the future
of bitcoin, there is nothing to worry about. Because the price of bitcoin in my opinion will soon rise, considering that a few more weeks will
happen halving. No need to hesitate buying bitcoin right now, for those who already have bitcoin just hold.

UPUPUP3

newbie

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If you are an experienced expert, will you keep the bitcoins in your pocket? Huh

[/quote]

Holder~

xenxen

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Quote

If you are new to blockchain, will you consider buying bitcoin these days?

when im new in blockchain i look at the price first and i compare the previous and present if worth it to buy bitcoin for now..so if the situation is for now yes i consider to buy bitcoin for now.

Quote

If you are an experienced expert, will you keep the bitcoins in your pocket?

and im not expert but base on may experience yes iwill keep my coin for now because i know pump will happen after this crisis.

Emitdama

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I am not holding only Bitcoin, there are other places I have invested my money as of now. And I wouldn’t be telling you to HODL, I don’t even know whether the price is going up next or down, I’m just only wishing that it does go up.

The next halving is close and I don’t know where it’s going to be taking us to, whether the price is going to pump as many has been speculating, as a matter of fact I’m already tired of people speculating what the price of Bitcoin is going to be. I stopped checking all those technical analysis regularly as I used to do before, no one an even predict where it’s heading, they are only going to make assumptions.

TheAndy500

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Quote from: Vishnu.Reang on April 13, 2020, 12:49:50 PM

Quote from: TheAndy500 on April 13, 2020, 11:42:34 AM

It is still possible that the price will go down before or shortly after halving. However, the price history of Bitcoin says that the price increases a few months after halving. I think that the recession on the world market will also positivly affect the price of Bitcoin in the second half of this year. If someone wants to take a chance, they can now sell and within a month or two it is possible to buy back cheaper. However, in my opinion, the least risky will be to wait and hold, because the price increase can start at any moment.

You are right about the history. It happened in both 2013 and 2017 (approximately one year after the block reward halving on both the occasions). So if we go by this precedent, then we can expect another ATH by 2021. I just hope that I may not regret too much in case something like that happens. But I have made my decision to offload some of my coins this year.

It is true that in the past we had to wait at least a few months after halving for the BTC price to rise. However, at this point the global economic situation is completely different. I think there is a good chance that the price will start rising sooner and we won't have to wait until 2021. It is very possible that due to the growing crisis, many investors will transfer their money from classic exchanges to other places. They can be real estate, gold or just cryptocurrencies. If this happens, then the new bull run BTC prices may start this year.

Vishnu.Reang

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Quote from: TheAndy500 on April 13, 2020, 11:42:34 AM

It is still possible that the price will go down before or shortly after halving. However, the price history of Bitcoin says that the price increases a few months after halving. I think that the recession on the world market will also positivly affect the price of Bitcoin in the second half of this year. If someone wants to take a chance, they can now sell and within a month or two it is possible to buy back cheaper. However, in my opinion, the least risky will be to wait and hold, because the price increase can start at any moment.

You are right about the history. It happened in both 2013 and 2017 (approximately one year after the block reward halving on both the occasions). So if we go by this precedent, then we can expect another ATH by 2021. I just hope that I may not regret too much in case something like that happens. But I have made my decision to offload some of my coins this year.

Eugenar

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I'm not really good about hodlng bitcoins or other cryptocurrency but I would still keep my bitcoin because I know that bitcoin will go up again, it will rise again, I know that most of us believe on bitcoin and we still believe that bitcoin will bounce back again.
It will be a waste of money if you pull out your money just because of being afraid that bitcoin will be dead soon, there are some posts I have read about it, thinking the bitcoin will be dead because of what happening right now. If you are a believer of bitcoin and if you still see bitcoin as a safe haven then you should still hold your bitcoin for now, let's just wait for the bull run.

Juggy777

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Quote from: TheAndy500 on April 13, 2020, 11:42:34 AM

Quote from: Vishnu.Reang on April 13, 2020, 11:03:13 AM

Quote from: hahay on April 12, 2020, 09:12:17 AM

Quote from: Vishnu.Reang on April 12, 2020, 08:51:23 AM

I used to favor the HODL ideology, but no more. We can't hold our coins for an infinite period of time. At some point, we need to sell them so that we can profit out of our investments. And IMO, the future outlook is not looking very rosy. We are just a few weeks away from the block reward halving, and there is no spike related to that event. If the markets are bearish, then we can expect a major drop after the event.

So you think halving bitcoin is a way for prices to surge quickly? That is wrong thinking and one more thing, the future of bitcoin and other crypto is very bright and you don't need to be afraid of prices that are difficult to go up because after all, the current situation is very unlikely for the market to get a bullish trend immediately so stay patient and I a sense of HODL strategy will still be very good at this opportunity, but it all depends on themselves which of course they will have their own ways that may be more profitable.

Well... I would agree with you when you say that the future of Bitcoin looks bright. But with any investment, there is a need to reduce the risk by doing profit/loss booking. I made my investments more than three years ago, and I believe that time has come to do a partial disinvestment. But still, I am very optimistic about crypto and therefore I will be holding on to more than 80% of my coins.

It is still possible that the price will go down before or shortly after halving. However, the price history of Bitcoin says that the price increases a few months after halving. I think that the recession on the world market will also positivly affect the price of Bitcoin in the second half of this year. If someone wants to take a chance, they can now sell and within a month or two it is possible to buy back cheaper. However, in my opinion, the least risky will be to wait and hold, because the price increase can start at any moment.

In my personal opinion one should always hodl his bitcoins for the long term, but if an emergency situation pops and there’s no other option left but to sell then that person should sell it and not be rigid in his thought process. Furthermore we should see the halving effects soon and post halving I’m expecting minor dips in bitcoin prices as people would be selling their coins for profits, but once the short term sellers leave the market then we should witness upwards movement in bitcoin prices.

Source:

https://www.coindesk.com/bitcoin-halving-explainer

TheAndy500

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Quote from: Vishnu.Reang on April 13, 2020, 11:03:13 AM

Quote from: hahay on April 12, 2020, 09:12:17 AM

Quote from: Vishnu.Reang on April 12, 2020, 08:51:23 AM

I used to favor the HODL ideology, but no more. We can't hold our coins for an infinite period of time. At some point, we need to sell them so that we can profit out of our investments. And IMO, the future outlook is not looking very rosy. We are just a few weeks away from the block reward halving, and there is no spike related to that event. If the markets are bearish, then we can expect a major drop after the event.

So you think halving bitcoin is a way for prices to surge quickly? That is wrong thinking and one more thing, the future of bitcoin and other crypto is very bright and you don't need to be afraid of prices that are difficult to go up because after all, the current situation is very unlikely for the market to get a bullish trend immediately so stay patient and I a sense of HODL strategy will still be very good at this opportunity, but it all depends on themselves which of course they will have their own ways that may be more profitable.

Well... I would agree with you when you say that the future of Bitcoin looks bright. But with any investment, there is a need to reduce the risk by doing profit/loss booking. I made my investments more than three years ago, and I believe that time has come to do a partial disinvestment. But still, I am very optimistic about crypto and therefore I will be holding on to more than 80% of my coins.

It is still possible that the price will go down before or shortly after halving. However, the price history of Bitcoin says that the price increases a few months after halving. I think that the recession on the world market will also positivly affect the price of Bitcoin in the second half of this year. If someone wants to take a chance, they can now sell and within a month or two it is possible to buy back cheaper. However, in my opinion, the least risky will be to wait and hold, because the price increase can start at any moment.

Casdinyard

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Leading Crypto Sports Betting and Casino Platform

Quote from: Vishnu.Reang on April 13, 2020, 11:03:13 AM

Quote from: hahay on April 12, 2020, 09:12:17 AM

Quote from: Vishnu.Reang on April 12, 2020, 08:51:23 AM

I used to favor the HODL ideology, but no more. We can't hold our coins for an infinite period of time. At some point, we need to sell them so that we can profit out of our investments. And IMO, the future outlook is not looking very rosy. We are just a few weeks away from the block reward halving, and there is no spike related to that event. If the markets are bearish, then we can expect a major drop after the event.

So you think halving bitcoin is a way for prices to surge quickly? That is wrong thinking and one more thing, the future of bitcoin and other crypto is very bright and you don't need to be afraid of prices that are difficult to go up because after all, the current situation is very unlikely for the market to get a bullish trend immediately so stay patient and I a sense of HODL strategy will still be very good at this opportunity, but it all depends on themselves which of course they will have their own ways that may be more profitable.

Well... I would agree with you when you say that the future of Bitcoin looks bright. But with any investment, there is a need to reduce the risk by doing profit/loss booking. I made my investments more than three years ago, and I believe that time has come to do a partial disinvestment. But still, I am very optimistic about crypto and therefore I will be holding on to more than 80% of my coins.

The future is really bright especially with the price of it right now, but then it won't last long it we come able to be there at the peak. Online courses for blockchain and bitcoin is increasing these past few days, maybe people are starting to think of how their future could be when they have bitcoin to be bought by now. If holding coins today is not the best option then what? holding has more risk than trading, but trading these days isn't that very profitable because the market is pretty unpredictable, not that unpredictable like it was back a few months ago.

Vishnu.Reang

sr. member

Activity: 1988

Merit: 453

Quote from: hahay on April 12, 2020, 09:12:17 AM

Quote from: Vishnu.Reang on April 12, 2020, 08:51:23 AM

I used to favor the HODL ideology, but no more. We can't hold our coins for an infinite period of time. At some point, we need to sell them so that we can profit out of our investments. And IMO, the future outlook is not looking very rosy. We are just a few weeks away from the block reward halving, and there is no spike related to that event. If the markets are bearish, then we can expect a major drop after the event.

So you think halving bitcoin is a way for prices to surge quickly? That is wrong thinking and one more thing, the future of bitcoin and other crypto is very bright and you don't need to be afraid of prices that are difficult to go up because after all, the current situation is very unlikely for the market to get a bullish trend immediately so stay patient and I a sense of HODL strategy will still be very good at this opportunity, but it all depends on themselves which of course they will have their own ways that may be more profitable.

Well... I would agree with you when you say that the future of Bitcoin looks bright. But with any investment, there is a need to reduce the risk by doing profit/loss booking. I made my investments more than three years ago, and I believe that time has come to do a partial disinvestment. But still, I am very optimistic about crypto and therefore I will be holding on to more than 80% of my coins.

plvbob0070

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Quote from: Nunoluck on April 12, 2020, 07:50:50 PM

I still hold my bitcoin, although the price is droping. I bought it at higher price, I feel so dissapointed if I sell it now when the price is lower. So I choose to hold my btc and plan to buy more bitcoin. I just need to find the correct time when btc almost reach the peak of dropping price then I will buy it.

It's totally sad when you buy at a high price and later on, it will get dump but, it's normal plus don't ever try to sell it in this current situation of the market. Holding bitcoin is the best option that we can do and having a plan to buy more bitcoin is quite a good idea to increase your holding/investment. Until now, I don't have any plan to sell it and I just use the lower price of bitcoin as an opportunity to buy more and to hold more. It's very hard to determine when will bitcoin reach the lower price, and when it reaches a certain lower price amount, we are still not sure if that would be the lowest price because there's still a possibility that it will even decrease more, but if you feel like that it's the best time for you to buy, then it's better to follow your guts rather than basing it on other's opinions.

Even we have been facing a huge crisis right now I still don't have to plan to sell it unless if there will be an emergency which I badly need the money and the only bitcoin that I spend/sell right now is the bitcoin that I earn in signature campaign.

Abdallaaldebo

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Quote from: Connor LC on March 28, 2020, 06:32:04 AM

Just like the title said, we are about to witness the greatest debt expansion in the Global Recession.
How to deal with this problem? Sad

If you are new to blockchain, will you consider buying bitcoin these days? Huh

If you are an experienced expert, will you keep the bitcoins in your pocket? Huh

Just wonder and curious. Huh

Since I have heard so many news and opinions from critics, I began losing.
I read a special article in Medium today. I am sure it is a promotion for a new project, but the points that back up bitcoin sound reliable and I am touching.
https://link.medium.com/4tOqjBlcc5

So what about your idea?

2020/3/31 Update
"Because the bitcoin has the recognized highest computing power, the highest attack cost, and the best security, the host system of the general POP algorithm adopts the bitcoin network. Poporo chose Bitcoin as the host system. By changing the consensus algorithm from POW to POP, it can completely get rid of the problem of the ASIC mining center and mining pool, and the security will exceed the original Monero.
The true meaning of decentralization is the freedom of competition, which is a competitive process, not an outcome.

Bitcoin is currently the most decentralized blockchain, which is also one of its sources of value. Bitcoin just like the hydrogen in the periodic table, the first element, and it is also very stable. Other innovations are to fill other spaces in the periodic table, not replace Bitcoin. What Poporo wants to be is oxygen- a decentralized project for blockchain future that cares about user privacy. It cleverly expands the use of Bitcoin without burdening the network and wasting electric power. On the one hand, it promotes the demand for bitcoin, helping it become more secure, and also maximizing the energy consumption ratio of bitcoin."

quoted from the website http://poporo.io，poporo is an ambitious look.

Nunoluck

full member

Activity: 452

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I still hold my bitcoin, although the price is droping. I bought it at higher price, I feel so dissapointed if I sell it now when the price is lower. So I choose to hold my btc and plan to buy more bitcoin. I just need to find the correct time when btc almost reach the peak of dropping price then I will buy it.

gundala

full member

Activity: 896

Merit: 108

Everyone has different predictions, some consider BTC dangerous, some assume there will not be an increase in the near future, some are very confident that BTC promises so that it plans to invest long-term, all of these we cannot force. Similarly, the desire to buy, sell and hold, it all depends on the conditions of each. Moreover, the current situation is quite alarming, everyone must prioritize maintaining their business in the real world, meeting their daily needs, meeting their health needs, and helping others to fight this global pandemic. On the other hand, BTC will still exist and be a good choice for those who want to invest, with the right consideration and strategy.

mahilchii

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Activity: 560

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Of course yes I am still holding it and desperately waiting to see a change in the price and hopefully this will happen as BTC Halving is appearing with in a month, also there are more and more positive speculations from the experts and analyst. Also the market is showing some strong surge from the past week I am waiting for my turn to sell my holdings.

Becky666

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Quote from: Ronyx on April 12, 2020, 10:05:46 AM

It's better to keep holding, and maybe you can use the current conditions to buy, but if you think about selling, then I don't think right now is the right time.

You're right for your observation, holding up your stash in the face of bearishly cryptocurrency market is a positive type for everyone who believed on the said technology (Bitcoin). But wit an exception of this categories of people in the world: those who actually need these funds to attend to more important needs or pressing needs of their homes. There was a case of someone who needed an urgent need during the recent lockdown and decided to sell out, this is understandable. As for me, am holding up the needed available stash for my future use.

Ronyx

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It's better to keep holding, and maybe you can use the current conditions to buy, but if you think about selling, then I don't think right now is the right time.

Twentyonepaylots

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Quote from: Genemind on April 12, 2020, 08:50:59 AM

I am still holding into my bitcoin since I was able to keep my job that is operational despite the lockdown.

Me too, sometimes I'm tempted to withdraw from bitcoin since it is the only thing I save after the lockdown but I always think that it would not be beneficial at all and would just lost because I bought at $10K last February, I admit it was a clumsy move from me but I can't do anything anymore but to wait. I'm trying to find any job alternative now inside or outside cryptocurrency but it seems like I really need a capital for it.

Quote from: Genemind on April 12, 2020, 08:50:59 AM

Honestly, I am not an expert when it comes to economics and I have not experienced this massive economic crash so I have no idea if ever after the pandemic the economic downfall will even get worse or will it start recovering and what would it's a direct effect on the crypto market as a whole. It can either push crypto to evolve or will it let crypto go down the drain.

I were not able to feel the recession back then, I was too young to feel it but I saw how my parents struggled during that time, and now that the recession is coming again I don't know what to do, we don't have jobs, businesses are closed and the only support we got is from the government that can't even last up to a month. 2020 isn't great but I hope it would do good for crypto, this is my only ace.

Topic: We are having the difficult time, are you still a Bitcoin HODL？ - page 2. (Read 1234 times)