Topic: Whatever happens, hold on to your Bitcoin. - page 5. (Read 684 times)

And that change can be for better or for worse so watch out because people don't know if what change is happening to them is a good one or a bad one because they don't see anything wrong with so little self-awareness is the key, don't let bitcoin run your whole world as it's not the only beauty there is in the world. We also have to remember that while we are hodling bitcoin, it's also our duty to be smart as to when we are going to let go because there should be a time where you're going to need to take a profit from what you're hodling so set a price that you will be selling all that you're hodling, it don't matter how ridiculous that number is but you must adhere to that if it ever materializes, don't marry the bag.

Certainly, decisions regarding ETFs & SEC will indeed have an impact, and I also understand that some investors are here primarily because of ETFs BTC However, apart from those investors, there are also those who got in because of the halving, and others who are sticking around because they see a bright future for Bitcoin. I believe everyone has their own reasons for holding Bitcoin, and making a decision to HODL in the long run isn't wrong as long as potential gains can be secured in the future. It's important to reinforce our confidence every day, as, until now, BTC has been highly fluctuating, especially in its daily candlesticks.

I personally see better long term opportunities for Bitcoin... while I'm not going all in, I can at least be more resolute in HODLING the BTC assets I currently own... imo, ETFs are interesting, but the halving is even more intriguing.

I like this better and I'm focusing on it rather than worrying too much about the news or short-term fluctuations. I do not want to deny the role of ETF in market growth, it will have a very strong and positive impact if approved. But what does it mean if we don't have too much bitcoin on hand? So instead of spending too much time watching whether the SEC will approve ETFs or not, I spend my time working and accumulating bitcoin. We should focus on long-term goals rather than short-term goals.

In the past 3 months Bitcoin price has been making investors smile since the price left $25k to the current price $36k, and I feel it would be very hard to even let go (Bitcoin) with the positive movement of Bitcoin price, nobody is ready to let go at the moment. I don't think even if the ETF is rejected that many would let go off their coin, many would panic but it won't be that easy to just let go.

Plebs get too excited when little pumps happen, but not everyone in the space does, unless maybe it has been confirmed that it's actually a bull market when most investors are preparing to sell, and if it's not a bull market, some investors keep hold of their assets and wait for the actual bull market. Whether the ETF is approved or not, Bitcoin has been waxing strong in the past year, and it's not going to be affected by the ETF. Ok, let's assume the price surge is high due to the approval of the ETF, it have to even jump further than people expect it to do because, on a normal note, the price will still be high during the bull market that is coming without the ETF.

I definitely will hold on to it, as they say, Bitcoin will change you more than you will change Bitcoin

Got the point there but generally, that statement is only applicable to those who really have that eagerness to just sit and idle their bitcoins for the long term and not to those who day person who regularly do trades or those called day traders.

Any news, even how small or big news is, it plays a big role in the decision-making of these day traders.

Of course, if the plan is to just hold no matter what, then any news is being ignored.

Nothing is stopping the bull run from happening as predicted. Even if today we hear that the Bitcoin ETF has been rejected I believe it is already too late to have any significant effect or impact on the market and price of Bitcoin. A lot of persons are already adopting bitcoin as well as institutions regardless off the Bitcoin ETF approval. There for what should be on our minds is how do I accumulate more bitcoin before the halving.

How was the price before the ETF news started trending? Bitcoin was surviving and the price was doing well even with all the attacks from the fed and other bitcoin haters, so if the ETF application is rejected, the price, which was being a little promoted by the news, will just drop a little, which might continue for some time, and after that, we will experience our normal bitcoin price movement.
 
Let's not also forget that the halving is around the corner, which is another great bitcoin event that also triggers a price pump in the market, so bitcoin ETF being accepted will bring about massive adoption. There is no doubt that it also being rejected won't have much effect on the market; the market will always survive on its own.
 
And those who are so concerned about the ETF application and price pump are those I believe are in for fast profit and want to take advantage of every price pump and dump, and such news will affect their trading.

You are full of optimism and good vibes. We should have your mindset even if the market is going up or not, because if it is going up, we should hold, and if it is going down, we should also hold. Those with this mindset are long-term holders, and they do have another fiat in their holdings as emergency funds that they have kept save to invest when the unexpected happens, like downtrends.

You must have a good strategy for how to manage funds in different cases, like when the market is going up or down. We all should have some plans to manage the risk so we can gain more profit.

But those who don't have plans to hold for a longer period of time should not hold when the price is going down; instead, they should exit the market as soon as possible because they might buy more shares if they exit the market at some $50k price, dropping from the $70k price.

Doing that can save them huge money to take an entry again.

The jump in Bitcoin price is due to Bitcoin ETF rumours. The approval of the Bitcoin ETF can be seen in 10 to 12 days, and there is also a possibility that if the Bitcoin EFT approval date is fixed, which according to experienced analysts will be in January, then within these few days we will see a positive change in the price of Bitcoin. Jump can be seen.
 
But you said, What will happen to the Bitcoin price if the Bitcoin ETF gets rejected? So, the rejection is not appropriate to say. However, it would be appropriate to say that if the approval of the ETF is delayed, it can have a significant impact on the price of Bitcoin.
So let's explain more about it if the Bitcoin ETF approval date isn't set to be fixed in the upcoming weeks. So the current price gain we can see in the dump is because whales can monitor people and change market sentiment suddenly. One is due to the panic over the Bitcoin ETF approval delay, and the other is due to the liquidation of whales, which can dump the market.

So don't be afraid to hold your investment because it may be dumped for some time, the remaining halving is near, and you will see the price rise again.

Any way this is speculation, do your own research.

It is true that the market is sometimes temporarily affected by various FUDs and FOMOs, but if we look at the long-term, these effects never sustain especially for the Bitcoin. If these things were the case for an altcoin, the scenario might be different. So I think we bitcoin holders don't need to worry too much about this EFT effect and what will happen to bitcoin in the future.
The issues of this sudden pumping of Bitcoin have been able to have more effect on their emotions in the early days but now these scenarios seem normal to me. So I think that without panicking about these, stick to the strategy that has been adopted for the long run. Bitcoin halving is very close with only around 160 days left. Hopefully by 2025 we will see our desired real bull run. So for now I think these are bull-traps

We are humans, we have many Options to do things better, and one of them is to have bitcoin to do the things that need to be done Better for our future , sometimes we can have many problems, but unless it is something as urgent as a emergency of Life or Death, or something that has to do with health, because I would not recommend that you Spend that money, I am aware of the things that one as a human can have in a moment, such as spending all the time Looking for the best things for us , for our family, but if we could bear it all or if we Could , it would be the best thing we Could do.

Bitcoin must soar when the timing is right, regardless of whether the bitcoin ETF was approved or denied. It is a wonderful feeling to see bitcoin soar and surpass $37,500 in a single day, but it is unlikely that many investors will sell at that level. Before they sell their bitcoin holdings, many people are merely waiting for the price to rise past $100,000.

As I have said, it is a wonderful feeling to see the price of bitcoin increase, but I am looking forward to the year 2025 when it will go much higher.

I have no reason to give up on bitcoin even though the ETF is rejected, because bitcoin's growth cannot be stopped at this time plus we are almost approaching the bitcoin halving of course the price will continue to increase.

Only people who don't fully understand bitcoin experience panic and even have doubts about bitcoin. For me, the SEC and ETF are also people who really like to create drama, from physical wars to digital wars. Rest assured, bitcoin will still skyrocket and nothing can stop it.

I think it depends mainly on your reason for holding. If your reason for holding was to see some profits, then selling now will be mission accomplished. But if you are a natural holder that do not sell except only on needs, then this little gains is nothing compared to what Bitcoin can do in coming years. I do not even consider it a wise decision selling now when we still have many great events, that will make price triple or do more, in the future. We are just at the beginning of a major bullish market, although it has not been confirmed yet.


I understand what you mean and a lot of people do that sometimes. There is nothing wrong with selling but it should be done in an organized and planned way so that it aligns with your aims of holding.

Bitcoin really needs to be maintained without any reason and without any rumors, because the sharp increase that has occurred like today has become quite accurate evidence that Bitcoin should not be thrown carelessly into the market. So maintaining it is quite feasible, especially with the price development which is quite positive like now and I think the people who sold it first would definitely be crying if they had seen a big increase like today.

There is no reason to panic as long as what we hold is Bitcoin, because Bitcoin is always good to hold as long as possible and without any reason. Moreover, many people already know that Bitcoin is good enough to be held in the long term as a good investment in each of our lives, but this must also be understood by those who have just gotten to know Bitcoin and like it, so that they also don't easily panicked when he found out about this.

Even if this happens, then so what? Will bitcoin cease to be bitcoin? Of course not. Bitcoin price fluctuates up and down even without these news and events. Nothing radically new will happen. One more fall, one less. So what?

Personally, I have not thought at all what "will happen to Bitcoin price should all the ETF get rejected". This will not prevent from using the bitcoin as before.

What would we do without your advice.
Those who are aiming for a long game run will not be scared by these possible falls.

Finally, last several minutes ago Bitcoin success touched most highest price in this year around $38k, its first time for bitcoin success raise to higher price in this years current last highest price several moths ago stuck around $32k. I don't think have any significant impact with rumor Bitcoin ETF approval or not depend have close with halving time is moment to invest and hold for investors. Looks excited when seeing Bitcoin have been on higher price and our portfolio keep increasing up day by day before close with halving and bitcoin will be more excited again.

keep hold bitcoin and never for selling early although looks promising with bitcoin movement price, I agree with OP opinion keep hold our bitcoin for more interested thing in few months later.

There is no reason to panic for me personally, especially regarding bitcoin ETFs. Because as OP said, there is still a bullish market that we are ready to welcome together. Even if, for example, the bitcoin ETF is rejected, there will definitely be a decline in the price of bitcoin. However, don't panic and remain firm in holding onto the bitcoins we have, until our sales target is achieved.

So basically we as bitcoin investors have to remain calm and not be influenced by anything. Because after all, Bitcoin will always provide price surprises for investors, once every four years (Halving & Bullish market). Therefore, even if a bitcoin ETF is not approved, I believe bitcoin will reach its maximum price when the bull market arrives. Therefore, I agree with the OP's opinion, that at this time we must be strong in holding the bitcoin assets we own and must remember the initial intention of investing in bitcoin and must remember the desired price target. So that our mentality becomes stronger.

Because if fail halfway (selling bitcoin assets), I'm sure will most likely regret it later. Because if look at the positive side that usually occurs in the price of bitcoin, every time the price drops, there is a big possibility that the price will also rise again. Therefore, don't worry too much about the bitcoin ETF, though the bitcoin ETF will have an influence on the price of bitcoin. But we all have to be sure that bitcoin will remain strong in terms of price value, even if the bitcoin ETF is rejected.