Bitcoin Forum

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Why not take advantage of this movement? It's a risk rather than just HODL-ing your Bitcoin. There's a chance that you could get more or less but it's part of life right? Taking risks.

I'm quite confused about what you are saying. You said this below.

Since there is less Bitcoin put out by miners and price could rise due to the lack of Bitcoin in circulation. Okay, it's a good statement but you add this.

What are you really trying to say now?

Fewer Bitcoin miners transfer to an exchange = Miners no longer sell Bitcoin

Now it's going to bottom out? What are you talking about? I hope you get your statements in order and no contradicting statements. Is it just me who is confused? Why wouldn't you sell out if the price is going lower? Why not take advantage of that? etc.

No one knows for certain what could happen to the price but it's better to take advantage of the price movement when you can.

For me as an rather unexperienced trader i prefer to continue to hold bitcoin, stay on the sidelines. However with some kind of small money you might have some fun and profits by trying to follow your intuition and trade some of your side money.

The fact that fewer and fewer people are selling their BTC doesn't mean anything in the long run.
If the future price is good,many long term HODLers will wake up and sell a part of their Bitcoin reserves.This will boost the supply again.
Anyway,the decreased level of BTC market supply doesn't lead to a rapid and stable price increase,because the demand for Bitcoins isn't growing,which means that the global mass Bitcoin adoption simply isn't happening and we have to rely on the crypto whales to pump the market price again.

Yes I think that it is highly recommended right now to raise or hold your cryptocurrencies because I think that it will be more greater and you can earn more if you will decide to hold off your money a di think that it is better to have more patience because right tnow the price of cryptocurrencies and bitcoin is slowly rising which I think is great because many people can esrn money with that and I think that it will be great if people would understand that they need to have cryptocurrency and have knowledge in holding coins with holding

It's just one part of the equation, but an effective one. You just have to look at the forum and see how many members are preaching this "HODL" attitude. And I do hope that we have one legendary thread about being a holder Wall Observer BTC/USD - Bitcoin price movement tracking & discussion (https://bitcointalk.org/index.php?topic=178336.0).

And I do believed that big farm miners are holders are well, they know what the economics if bitcoin, and them as part of the bigger picture, and only make sense to be a holder.

Bitcoin is the best coin in the market right now and it's the best investment in the future, as for me, I will continue to hold because I believe that massive adoption will happen in the long run.


This is how I set my mindset for my investment, the supply is fix but it could decrease, either people losing their access and big investors will hold their coins and wait until the demand will increase, and since bitcoin's popularity now is growing, that adoption that we are all hoping will certainly happen.

The longer we hold the better, bitcoin might be a risky asset and thus we call ourselves big risk takers here but we are after of a big reward that hopefully we will be able to achieve in the future.

A lot of traders and speculators on that thread, I like reading the posts in that thread as well, more if the market is bullish.

For sure, some of the richest investors in bitcoin are those who have a mining farm, they saw the potential, so they mine bitcoin to hold for the future.
This is not a mere business alone when they do an accounting of their income and expenses in a regular basis, but its investing on the future of bitcoin.

The increase in demand is yet to come. It's too early to assume that the demand is increasing because the halving just came in. But in the long run, we'll see that the demand will increase. Each year that's coming to bitcoin will make it harder to own 1.

Some are scared because of the potential that many miners will shut their equipment but if it happens, there will still be some of them that will continue to mine. I'm long and hopefully, others will hold too until you can.

As per your analysis by next halving there will not be any Bitcoin left in the market to trade, don't you think it is too soon to come into conclusion the the demand of Bitcoin is increasing. There are few more halvings on the way gradually the demand will increase. It is only temporary that people are reluctant to sell their Bitcoin.

Price of Bitcoin will only rise if there is a demand and there is a supply. If the supply is not there the price will be not go up and the whole Bitcoin economy will collapse. Therefore holding is not the answer to increase demand. The more Bitcoin is traded the higher will be the demand.

All of these is predict, please do not fomo the people. Do you remember the time when bitcoin went down when it was at $ 6,000 - almost the same as its mining price and after a little time, it fell to just over $ 3,000 in 2019? All indicators are predictive and uncertain. Prices are decided by the market, so you can lose money if you invest in this market without having experience about it.

Scarcity might come but I believe it will not come to a point that BTC will not be available in the market due to the new mine BTC availability. The amount of BTC that the exchange alone holding are approximately atleast 10% of the current total supply and I believe most the BTC trader will flip there coin since the price when BTC reach scarcity will be extremely. No Pro trader will hold until the end and neglicting a good percentage of profit. Technically speaking, BTC will never stop trading due to scarcity of newly mine coins. That is purely speculation.

This is a must-do and I am sure most people are doing that already haha...whatever happens you don't sell all your stash of bitcoins because once demand starts increasing as a result of mass adoption you can rest assured that the value of bitcoin is likely going to hit another all-time high. It may not be anytime soon but it will definitely hit on us in a couple of years.

Well, anything tradeable is never speculation proof. Some fat whales can just turn the tides whenever they feel like it. Peasants like us can only go with the flow.

Don't worry ,I am still holding all my Bitcoins until Now.

Oh and Bloomberg is back to making more predictions and this time it made a prediction that I think ETH fans will not like:

Bloomberg: Only a Matter of Time Before Tether Overtakes Ether as #2 (https://cointelegraph.com/news/bloomberg-only-a-matter-of-time-before-tether-overtakes-ether-as-2)

as I said:


and today Bloomberg predicted that Mr. Tether could take second place. It seems to me that the competition has already started and we will see in the next 5 years that it will be the winner between ETH and SR. Tether


Well, fighting whales will be a tough task and I wonder if we will ever be free of whales. Imagine being able to trade without any manipulation? will that day come? There was a day when I was making a trade, I bought it for the price of  $10200, and the price went up to $10400, I confess that I was satisfied and went to make tea, when I came back I saw a big red candle and the price had dropped to 9700 $ and kept falling. I had not put Stop - Loss and I was thinking: "how the hell did that happen in just a few minutes?" it was just me going to make tea for the price to fall a lot

You're playing on leverage? How much did you lose?

I have no reason to sell out my Bitcoins because all my funds had been sitting in my Folio for some times and i am willing to wait more.
And besides there is nothing to lose because all my Money inside this market is amount that i can afford to lose .

Correlation is not causation.
That's not an assumption you can make based on your data.

This just means there is a connection between these two events. But one does not cause the other.

Well as you can see on the bitcoin graph, the demand increased when the halving took place. That demand growth is obvious in the first look, and to consider the massive speculation for the halving 2020 it is expected to be that way, the only thing we expected but did not come is the price speculation, literally the bitcoin stays at the range that I though it would be impressively it reached the $10K mark in the month of May, then just days ago of this month. We still can't see the shortage of the supply since the demand is low, but in the future days we might able to see that.

Only those miners who carry low-end equipment who does not want to upgrade because of an expense is the one who will be saying goodbye.

Holding bitcoin becomes an excellent choice in the long run. The price of bitcoin is currently growing. Continue to hold Bitcoin and always add to the collection of bitcoins that have provided many opportunities to be able to enjoy the success of bitcoin in the future. Maybe the risk to go down and and other risks is quite high, because the price of bitcoin is indeed very volatile. I hope that more mass adoption of BTC will make BTC more known and widely used, so that the price will continue to rise above the estimated price I want to achieve.

yes, that's what we should do to keep holding and storing the bitcoin that we have today, fortunately for someone who has bought bitcoin when lowering the price to around 3500 $, And still holds it today and still keeps it, because I too have speculation that bitcoin will raise the price at a higher price rate and it will certainly surprise many people, so investing in bitcoin for the long term is the best choice.

I'm holding bitcoin with 80% of my investment. And with other 20% I'm trying to play around and make some profit. Also watching the price of bitcoin to fall down. So that I can buy some more Bitcoin in lower price.  ;)

True, another important factor to consider right now is the pandemic itself, will the pandemic translate in a net gain or net loss to the cryptocurrency sector? Is actually a bit hard to tell. I've actually been seeing more and more that the current pandemic has brought changes in regulations for crypto, not all positive, but also not all negative, so it's really hard to gauge the many factors at play.

This article talks a bit more about the regulations that have changed thanks to covid, in case you're interested: https://dailyhodl.com/2020/04/25/bitcoin-as-a-legal-financial-instrument-and-tender-how-covid-19-is-changing-crypto-regulations-worldwide/

Either way, only time will tell for sure. We can only speculate for the time being.

Many says holding is not good at all but for me when it comes to bitcoin, I should be more happy if I keep holding on it until bitcoin makes a new all time high simply because I believe on its technology and I know the demand will increase later on and bitcoin will pump again.

I’m also waiting for bitcoin to make a healthy corrections so I can still buy a cheap bitcoin, we should be more patient for this one cause we might not be able to see bitcoin below the price of $8k again.

Same, I'm waiting for Bitcoin to drop at 5-8kk USD so I can literally make a huge profit when the new ATH occurs. We can also buy at the mark of 8k USD since bitcoin is trying to resist on the 11k USD mark right now and might occur a bull run.

One of my regrets that I didn't bought bitcoin on the early 2020.

Holding bitcoin for a long term is good. The fact that bitcoin doesn't exceed yet its ATH, you can still hold bitcoin. However, it may take a year or more. It is also risky to hold bitcoin because it is volatile. It may goes up and down rapidly as well. If you are really supporter of bitcoin then I think it is better tl buy and hold it right now.

Another one, buying bitcoin depends upon our entry point. Imagine those people who bought at 19K dollars, even they hold it till now they won't even get their 25% of their capital. That's why technical analysis is important.

Are you sure about this? Do you get any data from valid sources or do your own research?
If it is true, it may be a good sign for the holders to keep the Bitcoins. Even no guarantee for a big bullish later, it potentially has higher demand because some people still expect the impacts of halving at the end of this year or in 2021. As long as halving can rise positive perception about Bitcoin price on the market, I am pretty sure that we have a chance for another potential bullish. IMHO

One of the biggest mistake and regrets everyone has made so far this year is when we didn't able to buy during the lowest price mark of Bitcoin last March, which I remember It drops almost $3,900. Though I bought some fragments at around $6,000 level, but still I consider those people who buy at the lowest very lucky.
Some might have sold their Bitcoin when it hits the $10,000 resistance level, but IMO holding it for a little more might be wiser because we're definitely approaching the bull market sooner or later next year.

Lucky indeed but if the price drops more then those people who purchase or buy into that certain time would really be on losses and still holding as of this day.

People do have different set of goals neither they would sell for short time or going to hold like forever.We do already know its potential thats why its no surprising that lots of people been holding

for now but actually the main idea on why bitcoin is being created is for the sake of new payment system which do means it should really circulate but people are doing the opposite

but well i cant blame them of.

It is to say that Bitcoin might it drops hard at any moment but I don't think it was a worrying moment to come and we should have to be panic. Even it dump hard but it doesn't mean that we are in the near end. It eventually rising up back high again as the scarcity started and it turns to the increase in market demand. May we find out that only a few of bitcoin holders are selling this time, this it means that more people are holding it and patiently waiting for the Bullrun.

It is the risk of holding unless it is worthless coin but believing Bitcoin will still survive and could recover any time, I better to hold it rather than to sell. The halving effect will come sooner and I know that many had to believe that the trend will be changing.

I am doing the same. The op also says that it might just drop at any moment but I don't think it will be that scary at all. Investors will immediately take advantage of that droo and eventually, it will just go back to the normal price in a small period of time. Also, it is really favorable for a lot of investors.

Buying at a high price when the price of $19k is a very bad decision. This is due to the FOMO that continues to occur as long as Bitcoin reaches a price of $20k, many are trapped between these prices. If someone trapped in the price of $19k - $20k still survives until now, of course they believe that bitcoin will exceed the price of $20k someday.

But the fact is that most of the trapped among high prices are ordinary people or beginners who are new to bitcoin, when they dump prices and panic and start selling them cheaply.

Technical analysis is the main requirement in order to be able to read the movements of bitcoin, but the analysis must also be supported by Fundamental which will certainly affect the price of bitcoin because of the various news that made fishing the price of bitcoin to go up and down.

I am sure many of us still hold bitcoin from a long time ago because we want to sell bitcoin at the highest price. But if we only hold it without use to trade, I think we can not increase the amount from trading because, with trading, we will have a chance to make a profit in bitcoin or usdt which we can use to buy more bitcoin when the price is down. But if you only want to hold your bitcoin without trading, then that will be no problem since we have a different strategy on how to make a profit from bitcoin.

Thanks for the advice mate but yeah,I will still hold my Bitcoin and willing to wait for another year because i know that this year wont be as better as what 2017 give,also there are chances that Bitcoin will subside again for the next months of this year like what is happening this past months.


Actually there are some of us who sold their Bitcoin even if not in the highest Value for a chance of buying altcoin because this past months some altcoins make growth in silence and overtaking the percentage bitcoin climbed.

This market is a risky environment and every investor is aware of it. However, this doesn't necessarily mean that investing during BTC's ATH period is a bad move since it could reach a new ATH in the long term as long as the investors HODLED successfully until that point.

Think about it. BTC was valued at a few cents back in 2009. Now, it is worth thousands. The same thing can repeat in the future though no one can know for sure.

Im holding my bitcoin for few years already though I take profit at times if there's an opportunity to do so.

Since bitcoin is unpredicted we are aware that the price can drop or increase drastically, thats the nature of crypto.

So if you're willing to take the risk of holding despite of the negative price speculation then continue what you're doing and believe that the price will reach your target value.

This is exactly what has been projected to happen long time even before the last month halving but I believe the steady rate of the decline of the trading volume has been quiet noticeable ever since the price of the bitcoin suddenly jump back from 10k to 9.5k plus. I believe traders are waiting to see the next big move of bitcoin. While I will not discourage people from holding but we also know that crypto market have always been use as pawn by the whale who sometime crash the market.

I don't think that price suddenly pulled back from 10000$ to 9500$.  If yuu ask me that was expected. Price pumped rather fast to 10000$ but it was obvious that it can't stay there and that was only short term jump.
However, holding at least a part of coins is always a good idea and sooner or later price will cross 10000$ and grow even further, we just need to be patient enough.

There will be higher than what we're experiencing today. And because of the halving, it will make the demand of bitcoin on the upper hand.

Well, it's been expected that even others will stop. There will be miners that are unstoppable despite the increase of difficulty and lower rewards.

Holding could be matter in some market consideration. May selling it is a way to save your ass from losing but it doesn't mean that holding will also in the same result. The declining sentiment that we have after we surpass $10k isn't a weird case scenario. I know that most of us are expecting that thing to happen in the market. Do we need to think bad about this and start to sell our Bitcoin just to save our money? Not really and that because we know that the market will turn back high in the coming days and that holding will seems to be a good idea. And I definitely do the hold.

Some of the people who bought a lot of bitcoin when the market price falls into over 3k dollars get already a profit and it is just basically easy on them to make a pull out their funds. But today the people who bought bitcoin at the range of 8k dollars up to 8k dollars they don't have enough profit so I think this is the reason why they hold. Some of the users too bought a bitcoin price at the dip of the bitcoin but some of them have a problem because the market price of the coin falls down so they need to hold a long time which is not more convenient because they need to take a long way again before they got their funds instead of getting another investment and get a market income.


After a new decline to the market price of the bitcoin for over 10k dollars there is a chance too because of the halving to increase the price again for another 3k dollar but still, we need to have a preparation because in some instance the halving is coming too so we could prepare to make another bullish market.

Continue to hold when you have a huge capital in your wallet that you invest in bitcoin but for some small time investors i think they need to roll out there money hoping that it will make some profit even slowly. By just holding your bitcoin will make you a low risk investor but you also mis some profit when you do trading.

This is difficult to predict with yesterday returning to $ 10,000 and now returning to $ 9,600 This is really like there is control behind that price because in the near future the price is dropped again and indeed at this time the traders and investors are not strong enough to hold their coins so can let go when the coins are pumped up or down, I don't think this will last long because the pumping is really not going to happen right now maybe the popes are planning another for a real rally.

In my view point it's better to buy and hold for long term. What ever you have told is right no one are selling bitcoin because we know the past bitcoin price gain more after bitcoin halving so keep watching how bitcoin price will rise this time.

That's right, this short period of time is not enough to conclude if the bitcoin's price is already stable on that price. The graph really helped is to become more aware and make strategies that are effective in the market situation. The halving really make people panic about the supply of bitcoin and they don't know what to do.

In that future days that you've said, I think bitcoin will become more popular that time. For me, I somehow still see the shortest of supply but not that much to become more noticeable in the market. There are people who are focusing on holding their bitcoin and wait for the right time.

This is perfectly correlating with bitcoin emission. After 2 halving inflation in very low point, miners dont have coins to sell

We cannot say anything before the current situation. The cryptocurrency market has not really grown as strong as before. Bitcoin trading is not as strong as it used to be. So do you keep your bitcoins? For me, I just need to make a profit and sell it now This also affects bounty campaigns on bitcoin forums.

Thanks to signature campaigns, I get to save bits of Bitcoins every week ;D

Holding of Bitcoin can't be over emphasize when it come to long-term hold for rewards. Am a holder and proud to be one among thousands who got rewarded from holding back in 2017, this has thought me a bigger lesson which am now living with, there's nothing good or rewarding like holding Bitcoin on a long-term. We can make good profits with just a little hold.

If you are new to trading and market movements, patterns and being able to anticipate certain changes of directions, simple hodling is the best solution. If you are experienced, have a plan, are certain that you are not gambling but just taking a calculated risk, then go ahead and daytrade.

If you see that bitcoin performance is getting better, it's better to continue to hold the bitcoin that we have. Because I am sure
bitcoin prices will continue to rise until 2021. So don't sell the bitcoins that we have for now. If you have more money can buy
more bitcoin, so the number of bitcoins that we have can continue to grow. Then when bitcoin prices can reach all time high,
we can make a big profit.

Regarding the bitcoins that are being held by miners, a huge reason may be behind it.
One of them could be waiting for the right time to sell it.
They won't be receiving the same because of the halving so better keep them for now.
But, there will come a time all of those will be sold.

The same goes for the individuals who are keeping it.
Both could be waiting for something and that is a good sign.  ;D

I believe this is the motive of every bitcoin holder and virtually everyone is very much anticipating for when the market will have another major bull run just like we saw in the year 2017. Using bitcoin for trading instead just leaving it in a wallet seems a lot cool but with how unpredictable the market is, it requires some level of expertise to make some tangible profit during this bear period and let's not forget how many people who have lose almost their portfolio due to trying to quick trade their bitcoin holding. Wish you success man

predictions that can be used as a handle, looking at past experiences when halving, bitcoin will move to reach its peak with a year later. so it's possible that bitcoin is still moving down and up in the range of $ 9K- $ 8K. and in time will move slowly to continue to rise until its peak in 2021.

This is also what my thoughts on the post-halving price of Bitcoin, we will not expect a huge price action after the block halving. Hence, we will see it in upcoming months or maybe a year. That's why a lot of people expecting that the year 2021 is another bullish year for Bitcoin which is expected to surpass it's all-time-high.
That's why I am also continue to hold my bitcoins, no matter dumps or pumps happens.
For me, it's good we are not getting a huge pump in just a short period of time, as long as we maintain the supports and not breaking below it, it's good for me.

Holding your bitcoin for too long is never a good thing in the long run, bitcoin is not like a conventional investment where you hold it for how long you want and you will get a profit, it depends on the prices and people are depending on the growth of bitcoin and the profit they get from selling it, my point is that people shouldn't hold bitcoin for too long, there might be a once in a blue moon oppurtunity but you think that it will reach further but you are betrayed by your expectations then you had hold your bitcoin for nothing, you could have sold it at the oppurtunity but you believe that it is just another spike and you ended up waiting again. My point is that people should learn when to sell their bitcoin and not blindly hold their bitcoin, think for yourself, it is your future.

If people do not have much knowledge to trade or skills to trade, then investing is only better option. Now investing in coins will depends upon the risk appetite of a person. If one is risk neutral then should only invest in the btc or ETH etc coins where returns in longer term will be mostly be sure and so would be in short term as well if invested before the rise.

Yeah I think that's best thing to do. But it all about patience. With time BTC price will surely go up

Never lose hope and trust bitcoin with all your heart, believe in its ability to reach another all time high again since 2017, if that happened, maybe there's a time where it will surpass that price. It is your choice if you are not patient enough to hold a bitcoin and you want to spend it as soon as possible.

There's always a chance for bitcoin to increase its price depending on the market because it is volatile enough to vary in time. There are factors who can contribute to its changing in price so, you need to study the market to become more knowledgeable about when to buy, sell and hold bitcoin.

All of us want to become successful in the future so let's help each other grow by sharing informative advice or tips for those people who wants to learn more in investing in bitcoin.

talking about having patience, the news channels related to bitcoin are very anxious in the prices these days, it seems that their patience is on the limit mainly because of the several attempts it has had to break $10,000 has always resulted in a drop in price. Now the expectation is whether or not it will break $10500 or fall below $9000 and we will see $ 8000 again.


tested it once and lost all the money and never did it again

Hold better now, but if the price of Bitcoin drops deeper at $ 9,000 then sell it,
because $ 8000 is likely to be achieved, hopefully the price of Bitcoin is still Bullish

Honestly if you are not going to spend it on something, there is really no need to sell your coins, why would you give up on future profits when you can just wait and get them? Sure I get it, sometimes there is something important in your life that you suddenly may need some money, that is expected and understandable. However, if that is not the case and you just "give up" there is really no meaning to it.

For example I had a friend who got hyped about bitcoin in 2017 peak times and bought literally at the biggest place, yet for some reason dude gave up and sold in 2018 when it became 6 thousand dollars, whats the point of selling at that price level if you are not going to continue, not like he bought cheaper later on or something, he just gave up and never did anything with bitcoin, that really doesn't make any sense.

Nah, it's just a wild guess you are doing without any proof if the price would likely to drop at $8k if it starts to touch $9k. I would take my chances to actually see the $8k first before doing anything because I am certain that the price would actually gonna bounce back for some reason. This is how I see the Bitcoin market moving that's why it is so volatile and that volatility also is helping me to take a risk.

It doesnt matter if it drops nor increase, the thing here is that you do able to sell it off when you are in gains then re-buy when you do saw that the price had some correction and as you said bitcoins price do always have that recovery after its being crashed in talks into its price.

You can hold, yes! but this one is only pertaining to those who go for long term and we know that not all would really have this kind of method on making profits towards volatility or price movement.

Just like me on where i do held of some coins and there are coins which are used for short term trades that can give out short term profits.

Hold the Bitcoin price crashed down into the $6,000 because of the highly leveraged nature of the cryptocurrency market and the unwillingness of buyers to step in amid extreme volatility and uncertainty. Money attached to a cryptocurrency, so there are no coins or notes, only a digital record of the transaction.  if you're looking to buy or invest in Bitcoin or other types of cryptocurrency, you'll have limited legal protection and a high risk of losing some or all of your capital.

for the time being, I don't think that the price of bitcoin will decrease to $ 8k. however, I feel that price developments are more likely to occur than decreases. if I have bitcoin, I will continue to hold it, because I am pretty sure the price can reach $ 10k in the near future.

right now for me, I still hold Bitcoin, but if the price of Bitcoin falls below $ 9300 it looks like I will sell it,
because the potential for falling down is huge, so be careful

Where did the data that we see in the first picture come from? They look very doubtful and I would like to look at the methodology with which they were obtained. In addition, the interpretation of the data is important - we can say that fewer people sell bitcoin or we can say that the trading volume/interest in bitcoin has decreased. All this is very subjective.

I believe BTC has given us an opportunity since the day it is being traded over leverage. I think holding will just breach that opportunity as even not selling means the chances are, a pump up can shake the entire market volume. If miners are not selling, a huge storm is about to take place, be it on the upper end or the lower direction. There are 2 probabilities:

- If miners don't sell, BTC price will be sideways and rise in a few days
- If miners sell, they'd sell just to survive as it's not so easy now to be able to survive after this pandemic. This will trigger a big sell-off.

Whatever it will be, I believe we should take the advantage of this opportunity because if the price rises, this opportunity will still be there but the gain % that we are getting nowadays will be much lesser.

Theres two arguments there, dont be too guided by the fizz on a drink its only the substance that matters and it moves far more slowly.   The other would be moderate your buying and temper your selling, dont overbuy unless your direct intention is to trade and you somehow have a skill in this way.    The best bet for the average person is to average their buys, if you are bullish BTC in 2020 then buy over the whole year, you may be correct but it might take until 2022 to come true we dont know.  If we can buy over a year and then sell in a similar stepped way it vastly increases our target area and enables us to be correct in a more general way, unfortunately we all gamble a little too much.
   THere is one certainty, BTC is volatile and anything to mitigate that uncertainty is going to improve profits quite easily.

good for you. but you should undo your intention to sell when the price is below that price. however, the potential price of bitcoin reaching prices above $ 10k is huge at the moment. it's just that we haven't seen that the price is really stable. but, it all depends on your decision. however, the price is currently quite close to $ 9300.

 The bitcoin price is reason why most retailers won't accept it. Even with blockchain-based transactions that can potentially validate and settle faster than payments on traditional banking networks, the lag in settlement times can still allow for wild vacillations in the price of bitcoin.

I understand you talk about volatility in Bitcoins price.
I am not worried that most merchants dont accept Bitcoin. Bitcoin economy still improves and at some point when suddenly all merchants will want to accept Bitcoin because fiat will start getting volatile a lot. And I am talking about mostly negative volatility. At that time Bitcoin will be here for what it was made for.  

Compared to what the fiat will become volatile and why do you think that the bitcoin will be stable at the same time? In addition it is not clear how to change the fact that fiat is legal tender, and bitcoin is not (to my knowledge, in most countries it is considered a asset/property and you can not use it to the payment of taxes for example).

Compared to bread, oil, oranges. You cant print this much fiat without devaluing it. You simply cant.  Bitcoin will not lose value since its yearly emission is 1.7%. there is no logic. Unless suddenly everyone will stop using it.  People will use what will keep value. they will not care of any legal tenders. As I kid I lived in country where inflation was over 100% a month. So people simply spend salary the moment they got it. Or when got out of bank exchanged their whole salary fro other currency. Traders were standing outside of bank to do that. Police did nothing about it, since they needed to change their salary also.  Everything was on sale for that foreign currency. IF you were selling a used car you put price in foreign currency. When you were doing plans in your mind you think them in foreign currency.  It does not matter what a legal tender is. Trust me. It matters what people use.

Cryptocurrency market to demonstrate “sell-the-news” sell-offs and the lack of a short-term upsurge in the past two halvings suggest that the narrative of a halving Bitcoin. some think bitcoin's move lower could have its origins elsewhere.

   Did you saw this one: Reddit user almost finds more than 500 Bitcoins he lost! Source of link: https://www.reddit.com/r/CryptoCurrency/comments/gztudo/reddit_user_almost_finds_more_than_500_bitcoins/ (https://www.reddit.com/r/CryptoCurrency/comments/gztudo/reddit_user_almost_finds_more_than_500_bitcoins/)

   Apparently he can find the hard drive, and maybe we can add this 500 BTC to missing Bitcoins. There
are less Bitcoins in circulation, less coins to be mined, if we don't hold Bitcoins now who knows how
expensive will be for us to buy them again in the future.
   I am holding my Bitcoins, I question some of the alt-coins I have, but never Bitcoin!
 
 
 
 
 
 
 
 
 

I know what inflation is - I'm from Russia  ;)
But I did not see the reasons why the government would suddenly stop "printing" money within reasonable limits (any amount is reasonable if inflation is within normal limits). And I do not see a way to avoid this trap: "legal tender." This option makes fiat essential for everyone.

I think you have made an interesting correlation... I was planning to hold my bit of BTC as I am convinced that it will be going up any day now... these moves are clearly made for people to sell out all their holdings while others fill up their bags to sell on the next surge
Patience... mostly everything is about that

I have been holding for five years. Three and a half of those years were bear markets.

Previous cycle didnt have this long hybernation. If there is not a bullrun, selling is what it will be.

Yes, choosing not to sell easily is indeed a good idea, but not everyone intends to become a holder for the long term and it all comes back to a choice and their main goal. I personally will continue to hold it because after halving bitcoin at least there will be a great opportunity for us to get many benefits in the future.

I hope, it gets paid in kind. I myself have started to hold and collect assets from 2019 to the present. Well, even though it hasn't been that long, but I'm really looking forward to the high price of bitcoin this year. it's just that I feel that 2021 is the right time to sell it.

You can't say that since you never know what will happen.

The price might go lower than $9000 but you can't say that it will continuously fall down. The price movement can go anywhere, go lower than that or higher than that and either of them happens, we will never know if it will continuously fall or continuously increase. All I can say is that as long as the price is not that great, I will not be selling it nor use it.

Wow. I envy your patience. Judging by the terms, your profit reached 20-30X in some moments and you did not complete the sale. Perhaps the amount of investment was insignificant for you and you did not care much about it? Otherwise, it’s hard for me to understand why you did not sell at least part of the investment.

This is the best asset to HOLD for long, It will get to a point that getting 1 BTC will be like building an estate and we might still have all time high if we can break the 10k hurdle

If that's real I can say his patience is so long but I  don't believe those things exist since people's aim is to sell whenever theirs profit given especially with those huge numbers already seeing those pumps and  dumps is so scary especially with the current situation right now where even halving didn't convince me to hold at this time. We are still in crisis so might we will see some big mess. For now I prefer to do a short trades for a while when the market is not on its best shape.

those things really exist . not all people are like you or like me that only wants small profit  .

 those people are already wealthy enough and are not get tempted on smaller pumps but those people have another level of qouta's   . of course that will also depend on the coin that they hold too , if he is only into unrated alts then he will not likely see a pump  , so whats the point of selling it  but he can be stuck  and is only waiting for the right time to sell and leave  .

I always prefer to continue buying on dips so that I have better chance to sell on the highs. Also as it is said buy when other fears in market and sell when it is already at top or excessively risen in limited time. So this things does help to buy/sell for investors and also for the traders.

Very good information, according to the bitcoin price chart in the past few years it also looks the same, meaning that at the price of $ 8000 - $ 9000 is the price of Bitcoin will hold, and not less than $ 8000, hopefully it will be exactly like years ago

I have been collecting bitcoin for a long time and I will continue to do so, I have a goal of not working anymore and in order to do that I would have to gather too much bitcoin and I am willing to work for it. I am in no means anywhere near it right now, but I can definitely work towards accomplishing something like that one day if I keep this up for another 10 years or so.

By that time I will be 40 years old and not too old, and I can retire early to some other small holiday location type of city and live a comfortable life there. I don't know if I will be capable of accomplishing this, but I know that I am working towards it by buying bitcoins. If bitcoin one day collapses, the hopes of me one day not working and retiring will be gone and I would probably have to work well into my 70s.

I think this is real. If we look at the blockchain, we will see that many wallets remain untouched for several years. I understand that some wallets are “dead” for various reasons, but most of them are only owned by patient owners.

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That's what you call "long term" (literally) investment, and yeah people like that guy above exist. Remember we have different financial status, he might not need these money yet even if it means he supposed to have 20x or 30x profit from his invested amount from the past 5 years, or he wasn't satisfied yet with the amount that Bitcoin have reached so far.
He might be aiming for something bigger, and continued accumulation will help him aim for a bigger fish than short traders do.

But honestly, that's a waste of opportunity for not selling during Bitcoin peaked in December 2017  :D

It will relied from how you understand the situations, most of those who deal with this same strategy are investors and
trader who already have deeper knowledge around the market.
They've got a good anticipation after assessing the sentiments of many players, if you are comfortable with your skills
you can simply do the trade with full confidence.
Allocate enough time and wait till your target position was filled and repeat rinsing the market, it takes time to really
learn but it's manageable.

Bitcoin halving is an event that slowed down the growth of Bitcoin's supply. This will cause supply shortages and prices will increase in the LONG-TERM future. That's why we need to buy bitcoin now and hold it for over a year. When the economy stabilizes again, the price of bitcoin will increase further. it is important that we have enough patience to wait or not.

Bitcoin after the halving has always moved up in the next 1 year and if seeing the charts as well this looks good to hold or to buy on the fallen price as this gives us a good chance to enter the market on lower value and then hold it for the coming months. We can see a good momentum in future as well with bitcoin.

It is well beyond holding just bitcoin because I like bitcoin nowadays. It became something of a major deal to have bitcoin nowadays since all the other options looks like they are very dangerous. I could buy gold but there could be a war and banks could deny all gold withdrawals, there could be stock market crashes, there could be commodities crashes, there could be agriculture shortages there could basically be anything at any moment.

But bitcoin is there, it is decentralized, it has got nothing to do with anyone else, it is just there on the internet forever without ever having any sort of connection to anything at all. I feel like this is basically the best way to save your money, bitcoin is not only good because I like it but it is good because other options are bad.

Undoubtedly, Bitcoin is very profitable for long-term investments and any amount of Bitcoin in the cryptocurrency user's portfolio can make a person very rich after a certain time. but today, each person has different situations, especially given the impact of the pandemic on business. my permanent job does not bring me any profit, because it is quarantined. And so I have to gradually sell what I have kept for years. Of course, I do not sell everything in a row, because I try to minimize my losses and live with significant savings until this crisis passes.

What growth do you expect in the future? x10? x100? I think we will not see millions of percent price increases as it was in the early years. This means that in order to become rich with the help of bitcoin, you initially (now) must invest a large amount of money.

Hopefully you're not in a lose situation, yeah it is hard thing to do. Selling bitcoin or our saving money that we expect we can buy anything in the future due to pandemic situation. I'm quarantined as well, in three months ahead I will not get a salary whilst I need it to buy some basic need. There is no way to sell bitcoin that I collected for almost seven months, greatfully I got profit in it but I will be regret later because I sell it now.

Indeed, bitcoin is suitable investment place for long term investment. Moreover with the current situation where a lot of countries have trying to adopt it and legalized it as a comodity (as mean of payment system in several countries as well) will bring it to high price in the future. Even, there are some expert already who predict bitcoin that its price will high in the future.

Between 2015 and 2017 it was less than one bitcoin, but the amount increased after 2017.
In fact, I only bought in 2015 to pay for cloud services. Since the beginning I had the intention of use it. Only later I noticed it was only being used for speculation.

In the second half of 2019 I started to sell periodically, in what I termed "inverted DCA".
I'm still doing that to this day, but this year I started to stack some into ether, after I read about its current development.

for this reason, it looks like we need to hold some assets. there is a possibility that the price of bitcoin can go up now, and that can happen at any time. however, the biggest possibility of an increase in the price of bitcoin can occur in 2021. However, I still hold bitcoin at this time, because it could have a high potential increase at the end of the year.

Thanks for boosting us Holders because some are losing hope specially when the Dumping happens when they were just starting to Buy in fair prices.
But me?nope i will never lose hope because i already saw the capacity of Bitcoin when the price reached highest at 20$k last 2017.

and also i will not let my investments comes to nothing when the amount in invest here are the Money i can afford to lose.

I think the current market trend is Bullish, because the history of previous years shows like that,
but the market is currently confused, hopefully bitcoin is in strong support

Possibilities are always there and since halving is already hit the floor for sure we will see something great on next year if the economy will slowly rebuild back and investors will released their money for investments, I still hold some bitcoins at this point and even if I dump it now still I am in profit but will see and hold more to get a best possible output.

HODLing until 100k. DCAing until 10k...

Thanks for the answer. It is nice to compare my assumptions with real information and understand that I was close to the truth  :)

As for ETH, I completely agree with you - there is a steep development and if it is successful, then great success is likely. In early March, I closed all my positions in the crypto and went into fiat, but if I see a favorable situation (most likely it will be after another deep dump) I will buy exactly ETH.

What we see as miners not selling or at least not selling as much as they used to caused by the halving most probably because they are mining half of what they used to which causes them to mine less bitcoins and make less profits, which causes some of the lower end machines to stop working since they are not as profitable as they used to be or even not make any profit at all and cost money, so when that happens the system has less machines working and that means more clogs in the blockchain which causes the fee's to go up which causes people to use bitcoin less that ends up with the price going down. They are all connected to each other and very well reasonable things.

I would say price will not go down anymore just because the fee's already went up but went back down so we are beyond that level now.

that's why we always hope and always prepare assets, so we don't miss the next pump. There are only 2 possibilities that I think about when the pump will start, namely at the end of this year, or in 2021. However, we can only predict until now, and I think that is the biggest possibility.

Bitcoin's price is suprisingly staying in $9,000 after the halving has occured, even it shows a downfall signal from the last few days. I assume bitcoin has a chance to increase and stay it's price to $10,000 next month, so it is better if we will continue to hold our bitcoin.

I.don't think that is surprise for Bitcoin price to stay in 9000$ range. Yes, after the halving many expected strong price rise but there were actually no signs for that.
It seems that 10000$ barrier is hard to cross and even if it happens even harder to maintain. I think that Bitcoin price will stay in current range for a while without bigger changes, both in positive or negative way, but still the recommendation is to hold.

Thanks for the Heads up mate,Yeah i will continue Holding not unless i have emergency that needed to withdraw my Holdings then i will have
no choice but to do it,But as long as i have the Guts and no in real needs?my Holdings will always remember
until 6 digits value reached.

Hold Bitcoin for now, I highly recommend,
most likely will go to $ 9700 now, it's already $ 9500, hopefully in the near future

Bitcoin is all weather investment in the crypto market and because the market is currently in green stance does mean the market will clinch the price range you rmentioned, remembered the market was said to be in manipulation realms and once the recently accumulators feel satisfied with their profit the market can dump again.
We have to wait until the halving is effect before we can be sure the trend the market will pose.

Bitcoin is a currency that really works for you even while you are sleeping. Think about it, it is pegged to dollars and USD is something that loses value every single year, even just this year they have printed trillions so it lost a lot of value in people's eyes. Wait and see, the damages of this year will come out in the future and not distant future neither and you will see how much bitcoin and gold increases because when dollar loses value that is what happens.

It is like putting your money into gold but more digital than that, it is scarce in numbers and it is valuable and people are using it. You can't just assume that you can remove bitcoin totally out of humanity from now on, it is already embedded in and it is not going to change at all from now on.

Bitcoin is moving around that region indeed, and that's a good sign anyway. I mean, Bitcoin wasn't showing  a bearish mode from the last few weeks. When the price dropped at the edge of $9,000, It'll automatically bounce back in 24-48 hour span. There's just something that hinders Bitcoin to break the 5 digit level.
On the other hand, I didn't see any point of selling your Bitcoin at this current range. Bitcoin has a very good potential to break another ATH this year or next year, and finding the bottom might be very hard for accumulation again. So, better get hold firmly of your Bitcoins.

Cryptocurrency investments are quite different from other investments because the speculative nature of the market is too strong here. Volumes are everything.

The whole market depends on bitcoin right? This means that a “weather” uncertainty factor is added to the main factor, such as technology, team, marketing and other things, depending on where bitcoin will go, which in turn is subject to manipulation by exchanges. In total, we get an extremely ambiguous environment in which you can quickly get rich and lose everything.

And as practice shows, more often you will hold the tail of unluck in your hands.

Today was a good day for the holders, a substantial break upwards of a recent negative trend.   BTC continues to fight the good fight.    There is still more work to do in order to establish price has beaten negatives over medium term and we are within the range still since May start.   However its hard to label the price as betraying holders when it moves upwards like this quite substantially to counter recent negatives.
   Its crossing the 50 day moving average right now like we might cross train tracks, I dont want to see it linger here too long but decide where to go and proceed.

Hopefully that won't contradict those expectations mate, and that potential that you're talking about will soon coincide successfully. Other people might decide quickly on dumping their asset but unfortunately in the end it's a very wrong decisions to make. Some might regret all those wasted capital, when sudden price bounce will take effect again.

currently, the price is really close to $ 9700. if you take advantage of the moment the price of bitcoin drops almost to $ 8k, then it will be profitable. Right now, I have a strong principle of not selling my assets until bitcoin reaches a price above $ 13500, and I'm still waiting with great confidence right now.

today I saw an excellent news and I had to look for this thread to post this news:

LibertyX Allows BTC Purchases in Cash at 7-Eleven, CVS, and Rite Aid (https://cointelegraph.com/news/libertyx-allows-btc-purchases-in-cash-at-7-eleven-cvs-and-rite-aid)

this means that over time thousands of people started to stop buying bitcoin just to make Hodl and will start using bitcoin to buy things


if the price breaks $10500 then the next big barrier will be $13000, so I think a good time to sell would be when the price broke $13000 and had a correction

Good news, I think our country is more advance buying bitcoin through 7 eleven was already added years ago, but it's not directly you'll buy, we have our local exchange as a bridge or in short, 7 eleven is a partner of our local exchange.


Always sell at peak and buy the dip.

If it will fall it would be nice to accumulate again, but what if it continue to rise?

Well, this all depends on where you are with your bitcoin and with your fiat right now. If you have more fiat than bitcoin I would say keep your distance for now, you do not have to buy anything and just wait until the price goes down, if you buy right now you are either going to lose a lot of money or you are going to just make a tiny amount of profit and it doesn't really worth it.

However if you have a lot of bitcoin and not enough fiat I would say hold it, if you hold it you are going to make even more profit and you are going to be able to sell it whenever, I don't know where you bought them at but it has to be higher than right now so you have a bigger leeway to wait and see if you would be able to profit or not profit but still wouldn't be a big loss even if the price somehow drops further down.

The most important part is when someone bought it, that makes a huge difference in making a decision what to do next! Along with fiat/bitcoin holdings, there are too many factors, and we can't put all the people in the same basket! I am for more casual approach, always have some bitcoin on holding, when you can add more, always have some bitcoins for fun, gambling or trading! After all you need to have some fiat, if price make a surprise bearish move you need to have some money to buy that dip!

we are near coming $9,700 because we had already Hit $9,500 again (from falling under couple days ago) and if that continues then 5 digits is here we go again and now as what i have read in so many speculation that once Bitcoin Hit 10k again then for sure it is the start of reaching $12k.

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and besides we are in Halving still so why need to release our holding if we are near going to Bullrun.

Lol ALtcoin is nothing without Bitcoin so why need to put our money in coins that will be only Boost if the Bitcoin starts to Pump again.

That's the basic thing we need to do but why there's so many people failed for doing that? We have so many opportunities to sell and people should learn to control theirselves and don't be so greedy whenever you see a pump and ask more from it since for waiting those pumps we will miss the opportunity to earn, whatever figures came we should put on our minds that secure profit and buy in the dip.

the principle that must be held is "buy when prices go down and sell when prices go up" situations like this are sometimes overlooked because of greater desire and I agree that. sometimes the opportunity that comes very quickly and because of the greed that is always attached to every human who hopes that the desire for greater profit, so the opportunity is missed. but all must experience it and this should be a very valuable experience to start better in the future.

It's been a few weeks back that bitcoin is at a pretty stable price and continues to only move around $ 9K, as you said. I also agree to hold your bitcoin and wait for the time that bitcoin will rise again, which may be close to $ 15K at the end of the year. next year it will most likely happen the same way as 2017 again and maybe more.

That is why the topic is continue to hold and not continue to buy. If it drops you buy at the bottom, if it goes high you sell at the peak and if it is right here you either hold or you do not buy. If you are not sure what to do just wait around, eventually bitcoin will bottom out again, it may not be 4k this time, it could be just 7k but you could still find a bottom and when you find a bottom you will be able to buy once again, until that moment you should not buy or you should not do anything that you might regret later on.

However if you own bitcoin it is still not a good time to buy more, but you could at least sell when it goes up, you are in big advantage over people who didn't buy from the bottom and now you can just wait and profit very soon when the price rises to a new level.

Fiat is necessary even for completely ideological guys who keep all their savings in bitcoin. In the modern world, it is impossible to have zero interactions with the state, and it only recognizes fiat.  Many say that this will change soon, but at the moment the state of things is as follows.

Don't worry, it is.

It is been falling in the past a lot of times and it never stayed there. Remember this year when the price went back to almost $4K and then it just went back quickly ahead to $3K in a short period? That is how I am certain that a lot of people are actually waiting for that price dump to happen. If the price falls again, no doubt that it will just go back again.