Yes I would still HODL if I can if I wouldn't need to convert it to buy some necessities if I have enough cash then I wouldn't move any crypto at all.
I would just continue to hold it and I would like to buy some but the problem is it is hard to make investment right now since we really need the cash.
Topic: We are having the difficult time, are you still a Bitcoin HODL？ - page 7. (Read 1201 times)
Lots of pretty poor information going around here and lots of people giving their opinions that bare no sense of truth or reality. The fact of that matter is..do you have substantial assets to help get you through these hard times? As a financial advisor I've had a lot of people asking me of late "what should I do with my portfolio". The worst thing to typically do is to sell out what positions you have and move them to something paying a fixed rate. Just keep in mind you technically don't lose until you sell. You have the same number of positions, they are just down in value. History has show the markets will bounce back.
Now in terms of bitcoin this is a bit more fragile of a situation. If you've got a sound portfolio and are able to hold on to your bitcoin with out it effecting other assets or increasing your debt, then do so. It's probably down a bit for many who bought it, so try and hold out until it at least returns to its value when you purchased it. Just keep in mind bitcoin is highly volatile and it should have never made up anything more than a speculative asset in your portfolio.
I did believe to hodl before but now it seems that strategy ia not suitable for me, I hold for months and even years and there is no good sign of strength in my portfolio and for me it is really unproductive strategy. I do day trading now and I use the volatility of the bitcoin for mr to earn money in just short period of time. There is no wrong about hodl but for those people who want to do it make sure that they know its pros and cons in order to not expect too much. Now in terms of bitcoin this is a bit more fragile of a situation. If you've got a sound portfolio and are able to hold on to your bitcoin with out it effecting other assets or increasing your debt, then do so. It's probably down a bit for many who bought it, so try and hold out until it at least returns to its value when you purchased it. Just keep in mind bitcoin is highly volatile and it should have never made up anything more than a speculative asset in your portfolio.
Lots of pretty poor information going around here and lots of people giving their opinions that bare no sense of truth or reality. The fact of that matter is..do you have substantial assets to help get you through these hard times? As a financial advisor I've had a lot of people asking me of late "what should I do with my portfolio". The worst thing to typically do is to sell out what positions you have and move them to something paying a fixed rate. Just keep in mind you technically don't lose until you sell. You have the same number of positions, they are just down in value. History has show the markets will bounce back.
Now in terms of bitcoin this is a bit more fragile of a situation. If you've got a sound portfolio and are able to hold on to your bitcoin with out it effecting other assets or increasing your debt, then do so. It's probably down a bit for many who bought it, so try and hold out until it at least returns to its value when you purchased it. Just keep in mind bitcoin is highly volatile and it should have never made up anything more than a speculative asset in your portfolio.
Now in terms of bitcoin this is a bit more fragile of a situation. If you've got a sound portfolio and are able to hold on to your bitcoin with out it effecting other assets or increasing your debt, then do so. It's probably down a bit for many who bought it, so try and hold out until it at least returns to its value when you purchased it. Just keep in mind bitcoin is highly volatile and it should have never made up anything more than a speculative asset in your portfolio.
Yes, i still believe in bright future of crypto. HODL for life (or for great price)
In my opinion, even you are an experienced expert, you probably trade/sell your Bitcoin for fiats. But surely will keep most of the Bitcoins for future investment. Global recession triggers a rise in prices of daily needs, so everybody will need more money to survive. In this situation, sometimes you need to convert your assets to fiats, including an experienced expert.
It is not a selling time. As I know with marketing, you sell at the highest or higher than you bought. So selling at the price below your buying price means you have lost. A losing time is when to decide to tighten up and hodl. So we don't need to panic sell.
Actually, at this time we can decide to keep HODL or sell a bit of bitcoin to survive, because as we all know, the whole world is currently experiencing a crisis with the plague of the COVID-19 virus that is almost completely exposed, and of course this will also have an impact on the movement bitcoin because most bitcoin holders will panic.
Of course this can be one of our benefits to get bitcoin prices cheaply because I'm sure bitcoin will come back stronger in the next few months.
Hodling is all we can do now because selling your Bitcoin means losing funds. Despite the global recession, Bitcoin shows signs of slow recovery.
This a must, and a good strategy for now aside from buying a lot. I know bitcoin dumps that much but its not good to sell on panic and you must remember your buying price and you should sell beyond that level. I’m still holding, and I’m proud to become a hodler of bitcoin, this market totally changed my life and willing to wait for another bull run of bitcoin.
Hodling is all we can do now because selling your Bitcoin means losing funds. Despite the global recession, Bitcoin shows signs of slow recovery.
This a must, and a good strategy for now aside from buying a lot. I know bitcoin dumps that much but its not good to sell on panic and you must remember your buying price and you should sell beyond that level. I’m still holding, and I’m proud to become a hodler of bitcoin, this market totally changed my life and willing to wait for another bull run of bitcoin.
Hodling is all we can do now because selling your Bitcoin means losing funds. Despite the global recession, Bitcoin shows signs of slow recovery.
The article is more or less a standard analysis of the current situation, but in fact it aims to promote some kind of project that would bring more privacy to BTC, which is not really something new. As far as BTC anonymity is concerned, a lot has been written and suggested, but if we want more adaptation and use in the real sector, I think it's wrong to go in that direction. For greater privacy, there are some altcoins available to anyone who wants to stay under the radar.
As for the purchase or sale of BTC at this time, it is still the decision of each individual and his or her perception of what will happen in the future. There are some who think that BTC will succeed, despite the crisis with the virus and recession, and they will certainly continue to hold and buy at every opportunity. On the other hand, there are some who predict an even bigger decline, even under $1000, although there are many who say this only for the reason because they promote something better than BTC.
Bitcoin was born at the dawn of last recession, and now has a big test to show what it can do in the next recession. Hold, sold, or buy more? There is no meaningful answer to this question, play the way you think is best.
As for the purchase or sale of BTC at this time, it is still the decision of each individual and his or her perception of what will happen in the future. There are some who think that BTC will succeed, despite the crisis with the virus and recession, and they will certainly continue to hold and buy at every opportunity. On the other hand, there are some who predict an even bigger decline, even under $1000, although there are many who say this only for the reason because they promote something better than BTC.
Bitcoin was born at the dawn of last recession, and now has a big test to show what it can do in the next recession. Hold, sold, or buy more? There is no meaningful answer to this question, play the way you think is best.
That is True Legend we all know own diligence is a key in Bitcoin and Crypto In the general decisions of Buy or Sell must Come from Individual her/himself
PRIVACY in Bitcoin
https://bitcointalksearch.org/topic/m.54099147
That's right, we are likely going to see one of the greatest economic recession ever in human history. The outcome or way forward of this outcome will depend largely on the success of curbing the spread of COVID 19. If things keep getting worst this will be one of the times to purchase bitcoins at a very low price but you would also have to note that it will be a very long term investment and not a short one.
Why not? Of course i have still holding some bitcoin already two month over, i was purchasing bitcoin in this year first January. Bitcoin price down or up i don't care because i know about bitcoin even it's currency more profitable for me. This is real point in my life i will never leave bitcoin.
We have a different perspective into the use of the bitcoin and most of the people use the bitcoin to make more earnings because we can make investment and trading with the use of it also you can use the bitcoin to use as the payment for the transaction you made because it is faster and secure than the other methods like in the fiat you need to take too much queue management to make sure the transaction is done but in bitcoin just sending the right address you can now assure this is already delivered to the other party. Still today it is good to make more investment because the market is so low and it is better if we take this as an advantage for the coming years because the halving is coming that there is a chance double the price of it.
Why not? Of course i have still holding some bitcoin already two month over, i was purchasing bitcoin in this year first January. Bitcoin price down or up i don't care because i know about bitcoin even it's currency more profitable for me. This is real point in my life i will never leave bitcoin.
I also think that people are holding their BTCitcoin. I hold my coins as much as possible. The time we are living is totally difficult. The Coronavirus is out of control and we must be careful. We do not know what will happen in the next few days. Bitcoin could have risen in price but it did not.
Maybe right now bitcoin can be one of the promising investment media, because bitcoin does not follow the direction of politics or the country's economy so that price movements are very vulnerable but stable, for example just like now where the COVID-19 virus is one of the triggers in several countries to lockdown is not so influential with bitcoin price movements.
Of course this has become one of the positive news that it is not impossible that some countries will legalize bitcoin as an investment medium to stabilize the price of currencies in the country so that it is expected that currency weakening can be suppressed by bitcoin
I'm still confusing until now, keep holding bitcoin or sell them for my need to buy some basic needs. But exactly I will never buy bitcoin at this time, seem like I will hold money fiat as much as I can. More than that at the current situation and also with the situation that has been happened bitcoin is no longer to call as safe heaven place. We have seen the bitcoin crash for more then 50% (was mentioned on the article) when the virus start to spread on some countries. You need to have your own choice, I say that I will not buy and doubt to hold bitcoin because I don't have any saving money which I think I should withdraw first my asset on crypto to money fiat.
Guys, as I just mentioned in a previous post, I know that we’re going through uncertain times & this Corona Virus is really fucking the world up but seriously now is not a good time to be selling BTC.
The next parabolic bull run is coming next year, the halving is in less than 2 months. You need to try & HODL!
The next parabolic bull run is coming next year, the halving is in less than 2 months. You need to try & HODL!
To be honest, I'm pretty skeptical about the destiny of the markets. I would rather hold cash because with this lockdown you surely do want to continue having electicity and money for food (or for rent).
With what is happening right now, definitely you need cash so if you have spare cash that you can use to buy something you need right now or to pay the bills then holding your Bitcoin is still the best choice. Now if you don't have cash right now and you only own Bitcoin then there is nothing bad if you convert it since you are really in need of cash. With what you said regarding being skeptical about the destiny of the markets, since crypto market is only 11 years old so you are saying things like that. Fiat currency has been existed many years ago and it gained trust of all of the people around the world already. It would take time for Bitcoin and the crypto market to be trusted and be used by all of the people worldwide.
Regarding the question, I'm still holding right now but I'm converting some of my Bitcoin into cash since I need it right now because of the crisis that is happening. If the pandemic is over then I will buy Bitcoin again.
as i have told this many times , it is a very good time to hold your bitcoins and just sit tight it will pay you back, bitcoin is made for these days i have herd that when we will be done with all of this we can expect 30% hike in price of bitcoin. so i would strongly suggest that you should NOT PANIC SELL!.
Actually, I am not that too pro about hodling and investing but I think selling bitcoin is not a good option that I can do because I will lose my money if I do that, I will hold it, until the price of the bitcoin bounce back as high as before, it will challenge your trust and beliefs to bitcoin, but always remember that it happens before, it reaches around 1,800$ before and still goes high. Bitcoin won't be dead, there are so many players, traders, investors that support the bitcoin so it is really impossible that bitcoin will gone.
Just keep your bitcoin on your wallet and wait for it to goes high again, do not waste your money by selling it in a lower price as you buy it before.
Just keep your bitcoin on your wallet and wait for it to goes high again, do not waste your money by selling it in a lower price as you buy it before.
Yes, I'm still holding my bitcoin and the current situation is really bad and I must wait for a little longer so that I'm gonna sell it for the price I wanted.
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