Topic: Whatever happens, hold on to your Bitcoin. (Read 942 times)
I don’t even think it’s necessary to try to make people understand this because we all have seen what Bitcoin can do. The current price today is nothing new and we have seen even higher figures. People who know what they are invested in will always hold on tight. Less than a year, we saw really bad figures than we have ever seen since the ATH, but many people held on and even till now, they still see a brighter side than what is today.
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There is growing excitement in the Bitcoin community following the gains recorded by Bitcoin. The reason for this growth is hardly unconnected to rumors of Bitcoin ETF approval. Have we thought about what will happen to Bitcoin price should all the ETF get rejected? I don't want to imagine this but whatever happens, hold on to your Bitcoin.
There have been bull run without Bitcoin ETF and there will always be bull run even if the ETF is rejected. So even when the market temporarily nosedives if the ETF is rejected, do not panic. Once again, hold on to your Bitcoin and do not panic.
Fortunately, the bitcoin ETF won't be rejected again this time, there have been bull runs in previous times without ETF quite alright, but understand that, each of those bull runs had a special trigger, like a catalyst that triggers the bull run, and if you take time and study each of the bull runs we've had, you did discover that they all have something unique that triggered it, the excitement of halving alone can no longer trigger a bull run to be honest with you, because we all have gotten used to having occurring every four years, so, if there must be a bull run in the coming halving, there must be something to or that will trigger it, and currently, every one is anticipating on the bitcoin ETF approval to be the catalyst that will trigger the coming bull run.There have been bull run without Bitcoin ETF and there will always be bull run even if the ETF is rejected. So even when the market temporarily nosedives if the ETF is rejected, do not panic. Once again, hold on to your Bitcoin and do not panic.
And the signs that this time around, the ETF will be approved is already very glaring, but all the same, I understand your point, which is, no matter what happens, I should hold my bitcoin.
There is growing excitement in the Bitcoin community following the gains recorded by Bitcoin. The reason for this growth is hardly unconnected to rumors of Bitcoin ETF approval. Have we thought about what will happen to Bitcoin price should all the ETF get rejected? I don't want to imagine this but whatever happens, hold on to your Bitcoin.
There have been bull run without Bitcoin ETF and there will always be bull run even if the ETF is rejected. So even when the market temporarily nosedives if the ETF is rejected, do not panic. Once again, hold on to your Bitcoin and do not panic.
It's everyone desire or wish to continue to hodl on their Bitcoin because past or previous price history of Bitcoin indicate there is usually a certain period of bullish runs where profits is appropriately taken, however there are some circumstances that can lead a Bitcoin hodler to sell part of their assets to address some important financial obligations or expenses, this is very common in some developing countries or third world countries were their is high rate of employment, however in developed countries were opportunities abound there is no need for hodlers to sell their Bitcoin for any reasons because there are other alternative means to offset whatever bill needed for settlement. There have been bull run without Bitcoin ETF and there will always be bull run even if the ETF is rejected. So even when the market temporarily nosedives if the ETF is rejected, do not panic. Once again, hold on to your Bitcoin and do not panic.
We know that currently Bitcoin ETFs are increasing in value according to the approvals they are giving. And ETF won't reject Bitcoin, and it's our guess that it won't do such a thing. And we should be thinking about the positive aspects of bitcoin now because it will never be possible to gain by thinking about the negative aspects. The best thing to do now is to invest in Bitcoin for the long term only. The situation we see in Bitcoin at this time is sure to get better in the future and all investors are holding onto their money with this in mind. Bitcoin is an asset that can bring you the highest rate of profit in the future that's why you should hold on to Bitcoin rather than sell it. As our bull season is about to begin, it is best for an investor to hold on to Bitcoin and not sell it in case of any situation, but hold it patiently.
The Bitcoin ETF is still gaining adoption, with the approval however, the point of its creation will be clear and more involved for those investors who love the idea for which it was created. To HoDL is better with BTC as I have come to know. Besides the normal bull and bear seasons that affect its price, the only expected event to affect it will be the halving. Am sure more persons would be waiting on that experience, and it will be a decider for some still, to invest Long term, afterall even whale movements may affect the price, but the value of BTC never diminishes, just as gold, precious ornament and stones.
The recent 30% gain in the Bitcoin market seems really nice and I would expect that many investors are thinking about taking some profit.
For short term traders that got good entry when there was massive dips, yes some of them might consider taking some profits even though I don't believe that is the best thing to do at this time considering that we have so many positive events lined up for Bitcoin. Well, people have different objectives and target so I will not be surprised if there targets have been met hence the need to liquidate their portfolio.
I wouldn't sell any of my coins at the moment, because I don't need the money right now and don't really have a good alternative investment to put my money in. Both stocks and bonds doesn't seem like a good idea at the moment, same goes for holding FIAT cash. The inflation is still high in my country and all my savings should be invested to grow over time. In case someone needs money today then it's fine to sell some of his Bitcoin, but for an investment I would recommend to hold. We should be looking at the bigger picture here, even above 30,000 USD Bitcoin is still 50% below its ATH and selling now could lead to missing out on profits in the future. The halving is only coming next year and with the Bitcoin ETFs it's not going to be a one time event where investors going to put their money in. Bitcoin ETFs just mean that the investment in Bitcoins becomes easier and there will likely be many new investors join the party.
This is the problem with selling too quick, most of those selling do not really have alternative investment portfolio in mind, they just want to enjoy the feelings of making profits even though they might keep the money in fiat where inflation will harm it. There is growing excitement in the Bitcoin community following the gains recorded by Bitcoin. The reason for this growth is hardly unconnected to rumors of Bitcoin ETF approval. Have we thought about what will happen to Bitcoin price should all the ETF get rejected? I don't want to imagine this but whatever happens, hold on to your Bitcoin.
There have been bull run without Bitcoin ETF and there will always be bull run even if the ETF is rejected. So even when the market temporarily nosedives if the ETF is rejected, do not panic. Once again, hold on to your Bitcoin and do not panic.
There have been bull run without Bitcoin ETF and there will always be bull run even if the ETF is rejected. So even when the market temporarily nosedives if the ETF is rejected, do not panic. Once again, hold on to your Bitcoin and do not panic.
The recent 30% gain in the Bitcoin market seems really nice and I would expect that many investors are thinking about taking some profit. I wouldn't sell any of my coins at the moment, because I don't need the money right now and don't really have a good alternative investment to put my money in. Both stocks and bonds doesn't seem like a good idea at the moment, same goes for holding FIAT cash. The inflation is still high in my country and all my savings should be invested to grow over time. In case someone needs money today then it's fine to sell some of his Bitcoin, but for an investment I would recommend to hold. We should be looking at the bigger picture here, even above 30,000 USD Bitcoin is still 50% below its ATH and selling now could lead to missing out on profits in the future. The halving is only coming next year and with the Bitcoin ETFs it's not going to be a one time event where investors going to put their money in. Bitcoin ETFs just mean that the investment in Bitcoins becomes easier and there will likely be many new investors join the party.
We know that currently Bitcoin ETFs are increasing in value according to the approvals they are giving. And ETF won't reject Bitcoin, and it's our guess that it won't do such a thing. And we should be thinking about the positive aspects of bitcoin now because it will never be possible to gain by thinking about the negative aspects. The best thing to do now is to invest in Bitcoin for the long term only. The situation we see in Bitcoin at this time is sure to get better in the future and all investors are holding onto their money with this in mind. Bitcoin is an asset that can bring you the highest rate of profit in the future that's why you should hold on to Bitcoin rather than sell it. As our bull season is about to begin, it is best for an investor to hold on to Bitcoin and not sell it in case of any situation, but hold it patiently.
In the past we used to see the term hold quite common in the forum. Now things have changed a little as people's preference have moved from holding to increase the number of income stream. Rather than waiting for much longer time period, people prefer to use it into trading and other activities to make the holding more effective as the volume increases. As discussed in the previous post, emergency fund is a necessary one. If we're prepared enough to meet unexpected moments of life with the emergency fund, then there is no risk in holding. The best way is to hold and profit, maybe the timeline is big but the risk is low.
There is a dynamic, forward-thinking approach to personal finance in the move from hanging on to diversifying income streams. Indeed, things have changed. Trading, investing in different areas, and even participating in cryptocurrencies are no longer just choices; they're necessary ways to get rich.But heres a twist: why not add holding to this new model while you're diversifying? Think of holding as a strategic pause, a chance to look at things again and make changes. Being patient isnt enough; you need to wait in a smart, well-informed way as well. Also, yes, the emergency fund is your safety net that makes sure you're not only being safe, but also smart.
We want holding to be a strategic part of a longer, more exciting financial journey, not the end goal. To grow, hold, evaluate, and diversify. Thats what the new generation of money-hungry people say.
In the past we used to see the term hold quite common in the forum. Now things have changed a little as people's preference have moved from holding to increase the number of income stream. Rather than waiting for much longer time period, people prefer to use it into trading and other activities to make the holding more effective as the volume increases. As discussed in the previous post, emergency fund is a necessary one. If we're prepared enough to meet unexpected moments of life with the emergency fund, then there is no risk in holding. The best way is to hold and profit, maybe the timeline is big but the risk is low.
Emergency investment fund is a fund that should be available at every moment of human life. That's why it's important to set aside money for an emergency investment fund before investing. You should not rush to invest. First of all, funds should be created to meet the needs that may be required for human life and to be used in difficult times.
I am very much in favour of it and I have said it repeatedly in other threads: a very common mistake is to invest without first having an emergency fund, which can force you to sell at a loss when there is a market downturn and you have an unforeseen event in your life that forces you to seek liquidity. If you do things right you can HODL, and take advantage of the next bull run we are starting, selling only if you consider it convenient, when you have profits, although I only recommend selling part and keep holding another part.
I completely agree with this point of view, savings, emergency funds should be prioritized over investments because life is full of surprises and investments do not always bring us profits. But I bet many people don't do this because they are blinded by greed and profit. I believe many people are giving advice to rich people to only invest what they can lose. But they themselves are probably investing more than they can afford to lose, many people even put all their assets into bitcoin because they think that once the halving happens, we will definitely have a bull market.
Verily if anyone must have to sell its coin, it shouldn't be considered as an influence of the ETF. It should be Wise enough if only we undertakes the market nature's emotions on to ourselves because even the ETF is a sophisticated exchange that tends to render you regrets over a false pressure.
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Emergency investment fund is a fund that should be available at every moment of human life. That's why it's important to set aside money for an emergency investment fund before investing. You should not rush to invest. First of all, funds should be created to meet the needs that may be required for human life and to be used in difficult times.
I am very much in favour of it and I have said it repeatedly in other threads: a very common mistake is to invest without first having an emergency fund, which can force you to sell at a loss when there is a market downturn and you have an unforeseen event in your life that forces you to seek liquidity. If you do things right you can HODL, and take advantage of the next bull run we are starting, selling only if you consider it convenient, when you have profits, although I only recommend selling part and keep holding another part.
Verily if anyone must have to sell its coin, it shouldn't be considered as an influence of the ETF. It should be Wise enough if only we undertakes the market nature's emotions on to ourselves because even the ETF is a sophisticated exchange that tends to you one a regret over a false pressure.
There is growing excitement in the Bitcoin community following the gains recorded by Bitcoin. The reason for this growth is hardly unconnected to rumors of Bitcoin ETF approval. Have we thought about what will happen to Bitcoin price should all the ETF get rejected? I don't want to imagine this but whatever happens, hold on to your Bitcoin.
There have been bull run without Bitcoin ETF and there will always be bull run even if the ETF is rejected. So even when the market temporarily nosedives if the ETF is rejected, do not panic. Once again, hold on to your Bitcoin and do not panic.
We know Bitcoin has been held back by ETF for a long time but this is all quite dramatic. You can see as early as January that all Bitcoin ETF declined. Because Bitcoin will start increasing from January. While not all ETF reject Bitcoin, Bitcoin will continue to rise. Bitcoin will not accept any ETF barriers after January. For those of you holding Bitcoin, hold on as the market has started to rise and will continue to rise. Those who sell bitcoins in this market will not get hold of the next halving of bitcoins. So hold your bitcoins without any problem and you will soon see the benefits of your investment. There have been bull run without Bitcoin ETF and there will always be bull run even if the ETF is rejected. So even when the market temporarily nosedives if the ETF is rejected, do not panic. Once again, hold on to your Bitcoin and do not panic.
Other investors should be aware of FUDS especially those who are new to this kind of scenario because once the price of bitcoins falls in the midst of the bitcoin halving, there will be lots of fake news circulating around in order to confuse us and panicky sold out bitcoins and when we do that, there are high probabilities that it was a trap and the truth about it is just to decrease the price of bitcoins in order to buy it more cheaply. That's why when you have decided to invest and hold bitcoins, never believe any rumors rather persevere and be patient with your ambition to reach the bitcoins new ATH in the future.
When we need money and some of the money we have is in the form of Bitcoin, we must still be able to maintain the investment we make because if we take it and at that time the price is experiencing a decline, of course we will have experienced a loss, so it would be better if we choose to invest. We have to leave the money we have for needs that we don't expect because if we don't prepare these funds we will definitely experience losses in the investments we make.
Everyone certainly wants the price to be better than the previous situation so they can profit from the investment or trading they do.
For emergency fund I don't think some one have patience not selling their bitcoin investment assets exactly have more important urgent needed, its really important how to manage our financial before investing in bitcoin. Spent few percent of my money for emergency fund and some thing bad happen in the future not have to sell bitcoin investment assets due we have money allocated as emergency fund. Its all depend with how financial condition stable or not, if you don't have much money looks not have many option except selling bitcoin as investment assets due difficult to allocate for emergency fund. Everyone certainly wants the price to be better than the previous situation so they can profit from the investment or trading they do.
Hold bitcoin as much as possible but if less way except have to sell bitcoin I don't think any one won't sell their bitcoin assets, lets make good financial management when investing in bitcoin and need to allocate few percent in emergency fund for protecting not sell bitcoin when have more urgent needed.
Bitcoin will be around for a long time. You have to survive the lows as well as the highs. Its not ideal to be short on funds and feel forced to sell your Bitcoin. You dont have to cash out Bitcoin if the price lowers if you preserved that backup fund.
Consider ways to get money without doing anything. Your emergency fund can benefit without draining your main income or Bitcoin stash. Freelance, side jobs, or profitable investments are options. Your Bitcoin stays put and slowly rises, and you have additional money for hard times. Smart, right?
Emergency investment fund is a fund that should be available at every moment of human life. That's why it's important to set aside money for an emergency investment fund before investing. You should not rush to invest. First of all, funds should be created to meet the needs that may be required for human life and to be used in difficult times.
In any negative situation, selling your Bitcoins may cause you to terminate your investment before making a profit or even cause a loss. If you had created an emergency investment fund alongside your Bitcoin investment, you would not have to sell your Bitcoins. This is often one of the pieces of advice people give each other about Bitcoin.
Anything can happen at any time in our lives. First of all, it is extremely important to create funds that we can use in difficult situations. After creating these funds, we can invest as we wish and we do not have to cash out our investments in negative situations.
When we need money and some of the money we have is in the form of Bitcoin, we must still be able to maintain the investment we make because if we take it and at that time the price is experiencing a decline, of course we will have experienced a loss, so it would be better if we choose to invest. We have to leave the money we have for needs that we don't expect because if we don't prepare these funds we will definitely experience losses in the investments we make.
Everyone certainly wants the price to be better than the previous situation so they can profit from the investment or trading they do.
For emergency fund I don't think some one have patience not selling their bitcoin investment assets exactly have more important urgent needed, its really important how to manage our financial before investing in bitcoin. Spent few percent of my money for emergency fund and some thing bad happen in the future not have to sell bitcoin investment assets due we have money allocated as emergency fund. Its all depend with how financial condition stable or not, if you don't have much money looks not have many option except selling bitcoin as investment assets due difficult to allocate for emergency fund. Everyone certainly wants the price to be better than the previous situation so they can profit from the investment or trading they do.
Hold bitcoin as much as possible but if less way except have to sell bitcoin I don't think any one won't sell their bitcoin assets, lets make good financial management when investing in bitcoin and need to allocate few percent in emergency fund for protecting not sell bitcoin when have more urgent needed.
Bitcoin will be around for a long time. You have to survive the lows as well as the highs. Its not ideal to be short on funds and feel forced to sell your Bitcoin. You dont have to cash out Bitcoin if the price lowers if you preserved that backup fund.
Consider ways to get money without doing anything. Your emergency fund can benefit without draining your main income or Bitcoin stash. Freelance, side jobs, or profitable investments are options. Your Bitcoin stays put and slowly rises, and you have additional money for hard times. Smart, right?
When we need money and some of the money we have is in the form of Bitcoin, we must still be able to maintain the investment we make because if we take it and at that time the price is experiencing a decline, of course we will have experienced a loss, so it would be better if we choose to invest. We have to leave the money we have for needs that we don't expect because if we don't prepare these funds we will definitely experience losses in the investments we make.
Everyone certainly wants the price to be better than the previous situation so they can profit from the investment or trading they do.
For emergency fund I don't think some one have patience not selling their bitcoin investment assets exactly have more important urgent needed, its really important how to manage our financial before investing in bitcoin. Spent few percent of my money for emergency fund and some thing bad happen in the future not have to sell bitcoin investment assets due we have money allocated as emergency fund. Its all depend with how financial condition stable or not, if you don't have much money looks not have many option except selling bitcoin as investment assets due difficult to allocate for emergency fund. Everyone certainly wants the price to be better than the previous situation so they can profit from the investment or trading they do.
Hold bitcoin as much as possible but if less way except have to sell bitcoin I don't think any one won't sell their bitcoin assets, lets make good financial management when investing in bitcoin and need to allocate few percent in emergency fund for protecting not sell bitcoin when have more urgent needed.
That's too much for the OP to ask for , but the question is when you need the money and you have a large part of it in Bitcoin, how do you do it there? The problem has to be resolved , it could be that there has been a problem, where you have to Borrow fiat money because it is fiat money, but spending bitcoin at this point is something painful, because you don't Know when it will go up in price to a great lesson, Because that's what I expect from the bitocin to go up a lot and yes you know, but before going up do I sell it? what did i do? nothing, what I did was lose in the full sense of the word , because that is What you should avoid Losing.
When we need money and some of the money we have is in the form of Bitcoin, we must still be able to maintain the investment we make because if we take it and at that time the price is experiencing a decline, of course we will have experienced a loss, so it would be better if we choose to invest. We have to leave the money we have for needs that we don't expect because if we don't prepare these funds we will definitely experience losses in the investments we make.Everyone certainly wants the price to be better than the previous situation so they can profit from the investment or trading they do.
That's too much for the OP to ask for , but the question is when you need the money and you have a large part of it in Bitcoin, how do you do it there? The problem has to be resolved , it could be that there has been a problem, where you have to Borrow fiat money because it is fiat money, but spending bitcoin at this point is something painful, because you don't Know when it will go up in price to a great lesson, Because that's what I expect from the bitocin to go up a lot and yes you know, but before going up do I sell it? what did i do? nothing, what I did was lose in the full sense of the word , because that is What you should avoid Losing.
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