Bitcoin Forum

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody :D Remember, 1 BTC is still 1 BTC!

Agree. All the news spreading the FUD and telling how everyone is selling and how China bans crypto. It's not the first crush and we'll survive it as we always did.

Classic  :D :D Hope is the last thing to disappear...


Follow that dream. LOL!!

lmao

 ;D ;) ;D ;D

I really agree with your opinion, because I am very sure because after the rain a rainbow will come out, because no matter how strong the storm will pass, we must be ready to face any obstacles, because when bitcoin is falling there must be a lot of whales who want to take the opportunity, they do everything they can to scare the weak hands, even them they post negative things about bitcoin, to scare us, and sell to greedy whales..

Its not an opinion. He is basically begging you not to sell. In other words he would like you to lose even more money. When you have friends like that, who needs enemies.

If you're still in profit, selling now would be the best option as it is projected to get even lower than we we're at right now. You can place the funds somewhere else to let it accumulate some more before going back to bitcoin, and in that way you'll be prepping yourself up for more gains since you have more funds to work with. I would not hold it against another person if they would want to sell, as I do not know the circumstances that force them to come up with that decision in the first place.

But isn't the same 1 BTC at $29k than 1BTC at $60k.

The problem here is the coin can keep crashing, and that will represent a bigger loss, we must be wise and pay it with the brain and not with the feelings. If we know it will go don, then sell to buy later is the best move. But in cryptos we can't predict the future, so, grab some popcorns and enjoy the drama.

We got now the meme about holding and that's the diamond hands. I've seen it somewhere in other crypto pages too but I don't know where it started. But anyway, this is another cycle of the correction and there's an end for it. Do not let the whales take your cheap bitcoins.
If you even planned to sell your bitcoin, don't sell it yet at discounted prices. You have better sold it before rather than panicking at this rate.

I somehow agree but there is something I don't agree with. 1 BTC is still 1 BTC but the continuously swinging purchasing power speaks harsh words.

At the end of the day though, all those swings basically throw many of the weak hands away from the market so yeah, HODLers and diamond hands have the highest chance of passing through deep dips.

What do you mean discounted prices??

Bitcoin $3000 was a discounted price. 30K is WAY overvalued.

I think that was a good suggestion Mate, but the question is how long people can hold if they will not possess the so-called diamond hands? sarcasm, Anyway I believe that only noobs will think to unload their holdings because of the recent FUD's. But because we cannot control their mind/decision so let it happen anyway whales are waiting too. I strongly believe that in the recent Bitcoin price spike many noobs are entering into the market and because of the FUD that currently happening this people are also feeling nervous now.  

Although in the long term bitcoin will be very profitable, but I agree with your opinion even though we've been through a period of higher price. I think selling it now is not the worst option if we still benefit by buying it lower than now. I hesitate to say bitcoin will hit $100k this year as I see strong swing almost every week period. But one thing for sure is bitcoin has the potential to hit $100k in the future and it's only a matter of time.

Meanwhile, diamond hands didn't just stand still without buying more bitcoin at the time of the correction. This will give them a greater chance of recovering post-correction losses as the market recovers. I believe the percentage of such holders is much lower compared to others.

No need to tell me that because that's exactly what I am doing now, I don't have a lot of bitcoin in my wallet though so it's pretty good that I will be able to save it up no matter what the things that I want to spend it on is pretty expensive.

How did you end up with these numbers? Pulled them out of your ass?

Yes I agree with you. Now that market is keep on decreasing, don't sell at lose instead hold tightly because market will not remain at the bottom. And 1BTC will be still 1 BTC of course, but it has different value base on what price you bought your 1BTC. If you just buy now at $30k and hold until it reach $70k has a huge value rather than you bought your 1BTC at $45k the sell at $70k, it has huge different. So, buy now as long as you have capital and just hold until market will climb back again.

the weak hands who are easily manipulated into selling their coins cheaper than their real value will never listed to you. they always panic sell then they start crying about it after some time. we are already $4000 above the bottom the manipulators took the price which is no joke. all those who sold in a panic are now panicking again but it takes them longer to FOMO buy.

it is sometimes so fun to watch the market and these manipulations LIVE.

IMO   :)
Hodling right now is stupid, when the thing you are hodling is falling off a cliff.

Smarter move, cash out , wait for a sizable drop and buy back in later, and then hodl.
It is what everyone with a brain is doing, while morons hodl during a price crash.

FYI:
Never forget
1 Dufus = 1 Dufus    :D :D :D

FYI2:
Someone please let mk4 know, if a person never sellz, their is no profit.
He thinks paper gains are real.  :)

FYI3:
As long as Doge is over 1 cent, the whole market is overvalued and their is further to drop, BTC included.
1 Doge = 1 Doge, and watch the bitcoiners howl shitcoin.  :D

Weak hands will lose their money and strong hands will prevail.
In the end though, the ones who will win are the market manipulators at least as of this moment since they can manipulate the market. Whales can manipulate the market.

If you cashed out earlier than today then congrats to you since you can re-enter again if you want to but now the market is kinda bad as of this moment (although it seems like Bitcoin jumped to above $30,000 as of this moment).

I can't even name a worse investing strategy than this. There's a reason why timing tops and bottoms of markets are heavily frowned upon with investing in general, because a lot of people end up in worse situations when trying to time the markets. And yea, the HODL strategy sure is a bad strategy. Didn't handsomely pay off for the long term holders at all!

https://i.imgur.com/xq3XggC.png

Recently most important thing that china bitcoin fud not it use rules and regulations crashed cryptocurrencies market more. But I think china would again permit Bitcoin as their all activities. So don't sell your bitcoin and others cryptocurrencies in panic market.

While what you are saying is the truth unfortunately people have very short memories, they only see what their bitcoin is worth now instead of also taking into account what it will be worth in the future, however they do not even consider things that could be even more important than the value of bitcoin, we are moving to a world in which there is almost no privacy and monetary controls will become stricter, and bitcoin will be there to help us to bypass those measures imposed by governments and that does not have a price.

I wonder how many sold when the whales trap was around 29k.
It seemed to rebound back 30k+ as of writing this.
Nonetheless I don't care how much the hard support is now, or even if it is broken already.
Guess we'll see who are now panicking, yes?

Remember, June's demanding is not April's demanding! This phrase has to yet stop someday, we all know that in the Bitcoin system each unit is the same in terms of system's value, but not in terms of market value overtime. Note that I prefer getting paid in freshly-mined bitcoins than in tainted, which makes 1 just mined BTC not equal with 1 tainted BTC...  :-*

Lol, that's the point of holding Bitcoin. It doesn't matter where it goes, you just hold it blindly.

Me, in the previous summer, waiting for a sizeable drop of the “overvalued” $10k:

Holding is for noobies, end of the story.

I’m selling nothing yet, I’ve been hodling for over 6 years. No way am I panic selling this dump, I’ve been through this scenario so many times. China FUD is getting boring, we will see $100,000 per coin this year, it is coming.

I'm every market cycle there will be people who sell because of FUD and people who buy because of the produced sell pressure.

The ones who accumulate now might be setting themselves for potential handsome gains in the medium to long term future, but everybody needs to understand that if Bitcoin recovered from each retracement, it doesn't mean it will do the same in the future. Neither that it couldn't make even higher multiple gains from these prices.

There is still enormous space for growth as Bitcoin as an asset class has not even reached the market cap of Gold. I believe it needs to multiply by 10x from here to touch it.

That is fine. As soon as mining farms banned from China establish themselves in another countries, bitcoin will start rising again, towards a new ATH. I have heard Texas and Florida may be the next destination of mining operations, however I don't know how long these migrations take to succeed. Until it doesn't happen, speculators will keep making profit from dumps, so it's normal bitcoin's price reach to lower levels yet.
As the common investors don't have access to privileged informations, I think the most advised strategy is to hold, just like OP said, so they don't risk being surprisingly caught by a sudden bull run, like many were when the last bull run started last year.

Strongly agree.No matter what happens I like to remind everyone that in 2017,in August the price was as low as just a bit over 2000 dollars for a Bitcoin but then in September to December 2017 we all witnessed the first one time high.Just to add a bit of spice,the halving happened in Summer 2016.Strange enough the halving happened also in almost Summer 2020 and why not see the same September to December 2021 with much higher values now.History repeats itself they say so I am looking forward to that during this same year.

Common suggestion and recommendation but it seems people never ever learn but rather they do see the same scenario and had never learnt on how this market moves or works!
They would just simply regret when they had already seen the market had made out its move or when its already making out some reversal.Majority is really on big hindrance when everyone is on fear on the time that the market is read.

Panic sellers is common but of course to those who had been waiting on the bottom are opportunity takers because chances on getting some cheap coins isnt something that you can done everyday.

Only the wise could really make out money and to those who had panicked will just be ending up regretting in the end of the day..

I'm hodling since 2013 and never sold a satoshi. I doubt I'm a newbie when it comes to Bitcoin. You have no idea what you are talking about. Panic selling is for noobs btw.

i think people are not naive, they are asking themselves: "if china banned miners, knowing that in china electricity was cheap, then what will be the future of bitcoin mining? if they move elsewhere? who guarantees that a few years from now they won't be banned again? people are asking these questions "and how many people made profits because they bought when the price was less than $30,000 these people are selling while they're still making a profit, it's not about being a weak hand , try to use a strategy that is convenient for each person to reduce losses. not all people have guarantees that they will be alive 5 years from now to do hodl for 5 year


there were certain conditions that allowed the bull run, and in this scenario it will be necessary that certain conditions exist to trigger a new bull run

Its such a pity that more people cannot see this simple post, that more newbies cannot
learn from experienced Bitcoiners.


I truly believe there is a silent scramble to accumulate now, the easiest way is to take it
off weak hands. Maybe there is a view by more powerful people that ordinary people cannot
own Bitcoin, it is going to be for the elite only.

Most investment channels are only for the elite, more people should realise Bitcoin is
for all, we can own any amount we can afford.

Do Not Sell! Don't Let The Whales Get Your Precious BTC!

Well, that is a simple logic that everyone must need to understand, there is no loss if you don't sell your asset because if you have 1 bitcoin, it will remain the same amount in the future and nothing will lose. It is far by now to mention the speculation of price and predict that bitcoin will create a new ATH, and break the previous record. Perhaps it will play the price around $30k up to $40k dollars this year. But that is not accurate and that is my assumption, so don't take it seriously.

Really your right from your research analysis, observation and prediction, bitcoin is showing negatively to the eye of some people now because of it's depreciation in value, so the pictures are very clear to certain individuals, because proper adequate measure of handling bitcoin this period many people will lose their cryptocurrency because fear of decrement of bitcoin, because right now movement rate of bitcoin is unbearable and not really understandable.

But for some btc holders who have urgent needs, they are usually the ones who sell off. We can't blame them because we have different needs in this market. But for those who believe that btc has bright future, and they can afford to put more funds, they will treat this as a very good opportunity to accumulate more. So remember, at the end of the day, still, it is up to the user how far he can stretch himself in this market and how patient he will be to keep on holding his portfolio.

I hold my btc now. I think btc price almost reach lowest level in this bearish market. I still have spare money so if the price reach lower than 30k then I will start to buy again. I think it is better to hold btc now although honestly I hope more people sell their btc and make it's price fall so I can buy more.

At times like this, many people are being tested on how tough they are to endure seeing the losses they have on their portfolios that sometimes includes Bitcoin as well. It tests many of us on what we are going to do at times like this where prices are slowly falling down and see those who have soft hands to sell early because they are afraid to experience loss and saving their money on the belief that they can reinvest again when the market recovers. It will be best to hold your Bitcoin as much as you can endure for it will be worth it. Even if you ask those people that have been too long with Bitcoin, they will say the same thing. Do not get afraid, it is just normal to experience down side. Just trust Bitcoin itself.

Yeah thats right. Some sell btc because of urgent needs. But here majority are panic sellers
who sell their btc when they see their portfolio value is dropping and nobody can blame them because
after all they are humans and its human nature .

I wonder if they could understand what is hodl since it seems that what they know is always dump dump dump. The price is a bit low but as long as it won't drop below $30k ae are still good. I'm sure if this price is going to drop more below $30k i guess everyone would start to dump.

Well, let them be just like what OP said, whales are gonna eat those BTC. Why don't they use Bitcoin just like a normal coins or money instead of dumping straight to the market. People nowadays never know what it feels like to have a full control of your own money just like banks did.

It is normal for the market to go up and down, because BTC has been continuously hit by FUDs from China recently, causing the price of BTC to become chaotic and because of that many inexperienced investors have become impatient and sold off their BTC to cut their losses, so the whales bought a bunch of cheap BTC and then they Fomo to make a profit. In this market, you should always think that 1 BTC is still 1 BTC, if there is a decrease, there will be an increase. Please be patient.

Look the Bitcoin right now, the bitcoin is surging up again and doing great after the dump of the market but I think it is just a high swing for now and Bitcoin will dump again after some weeks or days probably. Just like what you've been said mate, what we need today is a diamond hand and HODL for long so we will not be able to suffer a huge loss. Just remember that having a diamond hand is better for those who are weak hands that will immediately sell when they saw that the market is dumping.

I think that most of the bulls will be playing sneaky.They will shout "sell,sell,sell" while hodling their own BTC,so the panic selling continues and the Bitcoin price drops even more,so they could buy more BTC. ;D
By the way,I don't get why there are so much pessimistic FUD posts on the forum in the last few days.
The Bitcoin price was at 32K USD yesterday,today it recovered back to 34K USD.
There's no reason to panic,even if the price drops below 30K USD.

also because btc is volatile . fuds or no fuds , btc price dont stay in one place for too long but it will make a way to create a movement

if you own 1 btc your 1 btc will get smaller once the price go down and if it increases your 1 btc will still be small .
the only way to make your profit big is to buy more btc . we are just in time for the accumulation process because price are still lower than last time  .

Lot's of people are really aad currently must of them are scared and the are selling there coin which is very bad. Currently the only people I believe they should be scared are d newbies which are new in Cryptocurrency and not have this kind of experience before but I believe but I believe if it has been long you started cryptocurrency I believe you shouldn't be scared. Bitcoin is currently down which affected other altcoins which is temporary I believe very soon bitcoin will definitely bounce back so you don't have to panic and sell and you don't have to sell at lost.

Haha, I doubt he is being malicious. At worst he is most likely projecting his fears and sort of telling himself to hodl. We all do it. We all tell everyone to hodl when in reality we just want to be reassured too.

Everytime there's a bad news affecting crypto, the market is declining, our actions are reflecting to the price of the coins if we buy or sell. Hence this is the reason why the current market is moving downward, many investors are panic selling due to FUD.

A negative news are shaking them to quit for having weak hands and belief. They're not realizing that the dip is the best time to accumulate, only investors who used to seeing the prices turning up and down are able to understand the situation.

We have different ways to deal in this kind of scenario and only those investors who can patiently wait can see the outcome of their investment.

This time is not for sale. We have seen Bitcoin grow for a long time despite the bear market so the longer holding the bigger the profit. Only those who choose to trade sell because they see broken technical analysis.

This time will be for buying more bitcoin because the price is good to buy.
But if you can buy bitcoin yesterday, that will be a good price because bitcoin already touches $30k.
This time is still good to trade, buy low, and sell high because the price is moving up and down many times.
So you can expect to make a profit and repeat the process to make more profit.
But sometimes, the price can get dumps for a while, but it will increase again, so be careful.

Great brother.You must be the experience trader.You had a same mentality of mine.Only the new people and less experience guys get panic by the price.But price is different,only experience know the fact,1 BTC is same 1 BTC.The quantity is same,it means when the price reach the high value.It's easy to get all your losing.

It is good to remain positive, however, you can't blame people for cutting their losses. This is how whales play they will leave you in fear and buy all the cheapest bitcoin they can leaving you with losses. Take note that as long as you don't sell anything you are not losing. Don't be emotional when you see the market red.

Understanding bitcoin is all that's required in order to have conviction that wouldn't shake with the downturns. Bitcoin isn't the simplest of things to understand but we are seeing increasingly more people get educated in the space every year. On the other hand a person doesn't need to actually understand bitcoin in order to use it... it works and that should be enough to eventually bring further masses into the space and the volatility will go down as the market capitalization gets much larger.

experience is the key to it all, maybe someone like you has often been through the hard times that have happened. so that the experience can be used as a trigger, not to do things that are repeated or at least not to panic. because panic behavior will obviously blind the mind to do irrational things again, so that it is detrimental.

quantity indeed will not be able to distinguish it will always be the same but maybe the value it contains is what makes the difference. but in my opinion bitcoin whenever you buy it you can be sure you will profit, because bitcoin will exceed the price when we buy. bitcoin will always increase at any time,  moreover especially when buying after correction occurs, highly recommended.

if we sell on a large scale and many other investors do the same, then the price will continue to fall, and this will certainly be used by the whales to be pumped back. and finally they do the same thing again, which is to sell when the price is at its peak, and finally the novice traders spend their money again

your advice is very reasonable and helps us mentally, you really support us, with your support, we will definitely stand strong, and will not waver, I personally will really appreciate your opinion, and I will follow your advice,to store bitcoin and don't sell to anyone, because greedy people will do anything to scare weak hands, so they can get big profits..

What's going on in the cryptocurrency market is just crazy. Despite some important breakthroughs, the exchange rates seems to be going down. For the first time in the history, Bitcoin has been made the legal tender of a sovereign nation. I was expecting that the exchange rates would go up by 5x or 10x after this news. It was disappointing to see the correction instead. I would rather blame the mentality of the users. They simply refuse to learn from the past incidents. I just can't believe that the China FUD can have such an impact on the market, after all these years.

The one who's spreading too much in social media and any communities are the whales because they want to take advantage of this and earn a lot of profit. Rich people are getting rich because they're too wise and planning this to gain more wealth. All we need to do is just HODL and wait for it to recover because if we sell, the cheap price right now will just be take over by those whales in the crypto market.

For long term investment hold bitcoin is a good investment. but nowadays people also like short trading. if I myself now keep daily trading but if I am required to hold long term I can do it. the key remains consistent even in a loss condition.

It definitely is the best move but that's the catch. We can't easily predict if it will go down.
"Most" of the people think it will go in some direction but then the market always goes opposite and then the people sell in loss.
But then again, that's exactly where they tend to do the biggest mistake. Selling in a loss is the biggest mistake.
We only lose when we sell in a loss. This is why what OP mentioned is accurate. We need diamond hands to hold so that we can get the profits in the long run.

I agree with you, indeed we can't sell BTC, it only benefits the whales. because that's the moment they take advantage of. and finally right too, slowly BTC recovered. we just need to be patient and mentally strong so that we are not easily tempted. it could be that the FUD that has been developing since the beginning of the Chinese regulations that stopped mining is at the same time the FUD that is used as a tool for institutional whales to make big profits.

Just hold and wait for the price of bitcoin to increase so that you can make it profitable, don't make yourself become influence or scared by whales.

If you know how bitcoin works then you will surely just store it in a hardware wallet so that you can secure it.

Hoping that people will see how important and effective holding is if you just want a good investment strategy without huge risks compared to trading.

Diamond hands in here, i think something like this shouldn't made us panic. But if that people buy in really high, i think minimize loss strategy still can really help to do to made at least our ROI price is not at what price we bought at first. Well, mostly control emotion really needed in situation like this.

There would always be those that would sell, the market needs constant liquidity for it to be stable though, this is not a case for bitcoin as there are those that would always take either side of the market. What really matters much is, what's your purpose of selling when you sell. Is it due to the FUD that keeps coming around at random or you have some pressing needs that unavoidably needs funds, the kind of funds that you can only source from your bitcoin or crypto investment. With that being that, it might interest you to note that, selling due to the FUD is one way to be on the losing side because, there would always be FUDs around. Its a strategy for the whales, promoted by government and related agencies at times. Hence, you playing along makes you there puppet. Don't sell, hodl your precious sats and get ROI on due time.

fud is playing out now and its purpose is to make people sell off even at loss. its not the first time this will happen. selling at loss is not advisable all you need is just to have patience. holders will win with patience.

Weak hands got easily fool onto this fud which I believe being spread by some whales who has the right power to control the market. It's just enough to flush out those who can't hodl and I think that's the time whales do get their profit by eating those small fish bitcoin.

If you ain't gonna need the money you don't sell your bitcoin just because you see a bad news again. You do know that it's always the same since the price of bitcoin is in three digit, right? This is how whales did to eat the small fish a very weak hands investors.

LOL are you for real?

If you bought high and watched it go down to 50, 40 and now 30 thousand, the worst thing you can do is sell now. I know it's hard to comprehend if you're full of negativity but it's the truth.
When you trade you have to make decisions fast and don't let emotions guide you. Selling when something lost 50% of its value is always a bad idea and even worse when its fundamentals are intact and the loss of value comes from someone's tweets and media spam.

do not sell if you are in a panic condition and if you are lost by selling.
But, if you have reached your target profit, why not?
Some people may have BTC as a long-term investment, that is why they will not sell their BTC during their target or plan.
However, some people may be selling them if they are day trade, doing cut loss to get another chance of profits from another trading.

So, basically, selling or not the Bitcoin will depend on what kind of you are in BTC.
And of course, back to the first sentence in this post.

Yes, it’s best to hold. If you invested in Bitcoin when it reached ATH and you’re currently at loss now, the best thing is to continue with your hold. I don’t know how long it is going to take, maybe one year, two or even four years during the next halving, but one thing I do know for sure is that the price of Bitcoin is going to get back up again and just like the op has said, there is a good chance that we would reach up to hundred thousand dollars then.

And come to think of it, if you’re someone that bought at highest price this year and then market crashed. If you sell it now, what exactly do you gain? So there is no need of selling it, it’s best to just continue with the HODL and leave the assets there until the market is fully recovered and you are able to recover all your losses.

Probably if you are sure that the prices are going to go much lower than that, I think selling and then buying back when the prices go much lower is going to be a good thing, hodling alone won't help you unless you have other ways to make money.

This is a very difficult time for the market as no one is able to predict its future in the right way. The prices of currencies go up but go down again I think you have to hold on to positive thoughts and beliefs if you sell it you are often at risk.

I agree with you. The crash is just normal especially in bitcoin given its volatility rate. I wouldn't be surprise if today, bitcoin's price is down the hill and then tomorrow it will rise up again. It's just the usual phase. Normal trend of bitcoin during the day. We shouldn't be worried so much. Bitcoin has already proven its potential over the years until today. We have so little to worry about because bitcoin has a promising history.

You just need to learn and do proper data analysis in order to have a successful trade as well as to decide on what coin to invest in. I really do hope that its value will continue to go higher on the next few years.

Strong hands will not give up easily because of sudden market decline. Instead, they will hold tight and add more coins to gain more profit in the future. Wise men always think positively no matter what the market condition is.

When you have been holding your coins for so long it becomes easier to do it not only because now you have been doing exactly that for a long time, this is also easier because your entry point is so far away from the current price that even this drop is nothing for you, but for the new investors that just came to this market this is a difficult time to hold their coins especially if they bought when the price was above 50k, however if they can overcome the impulse to sell and hold their coins for 6 years then they will be in the same situation as you are right now in which even a significant correction will not bother them.

That is if you have a goal of short-term which is going to be different from those that have a long-term goal like @virtualdn who has been hodling for a long time. I did get my share of profit when I sold above 50k so I don't mind hodling for a really long time on this one.

Good timing for you if you managed to sell your asset during that period, the market still volatile

and without certain goals, your chance to bring something out from the market  is really slim, you

need to point your target and make sure to have a good overview of the incoming market, from that

point your chance to sell with good value is very high.

correct.. There's always a good days with bitcoin,  so we should understand the situation because it's just a temporary indeed. And weak hand is always a loser so remember that if you want to succeed.. Even in our daily lives we experience a bad day so how much more with bitcoin wherein had a million supporters with different attitudes especially when there's news poping up?.  So we need to understand the situation..

I have been hodling those bitcoins for about 6 months back in March so I might as well earn some money out of it because it's not like bitcoin is going to go up forever knowing that it's as volatile as it was back then. You are right that you should make a goal before selling because without one, you will get lost along the way.

Holding your btc token today I guess is not far different from holding a token wayback when bitcoin is on its lowest value but i guess whats different now is there are more whales get to be interested in bitcoin and the fud slingers are doing their best to make btc hodlers sold their bitcoin token. If you have any other source and option than selling hour btc now i bet you must spare your idea of selling your btc now, btc were already gone so far, it has been able reached a $64k and I bet that theres more good price awaits for bitcoin.

The greatest benefit of this is that there is two walls getting built at the same time at lower levels and that is what really matters. One is stop loss, which is when the price drops to a certain level people end up selling their coins at that price, warns their exchanges in a way, like "if it reaches 32k, sell all my coins to usdt" for example, that kind of works if there is a crash, but if there is something like what happened recently, it hurts them because they sell and price goes up.

Second one is people who buy at lower levels, saying "buy bitcoin at 32k with all my money" and they end up buying as much as they can afford to which allows bitcoin to go up. So long story short the longer we stay here, the higher those both numbers go up, and when the buyers end up becoming more than sellers? Well that allows a huge wall that will stay there for a lot longer than what we had before.

We can't stop people to sell their Bitcoin because they also have the reasons.
-need of money
-worried
-shift to altcoins

These are the common reason but I let people do that because whales will take good care of their Bitcoin. This is really how the market looks like and we can't hide that manipulation still strong and many people are riding into this.

because though I have 1 BTC in my wallet, I don't hesitate to sell it if really needed. 1BTC=$1mil, I would let it go.

Part of the price is the readily available BTC so people play a large part in the price they see determined in the balance between buyers and sellers.    Of course the crowd rushes up and sells just as rapidly on the way down, once that party has concluded its dance its more a game of patience and that's where we are now.
   I do think its a fairly easy conclusion that BTC is in a range, we can easily trade down from here with 50 day momentum declining still it could be the default option almost but that force of selling is more short term then the appreciation of BTC year to year and I remain bullish on the wider time frame.   A trader has a quite different perspective from those who are just happy so long as the price comes back up at the end of the week, so far for some time now that's been happening as the price dips and returns roughly back to where it start with a resilient buoyancy to it.
   Until we break this range either way there is no real conclusion occurred just trades back and forth in equal and opposite speculation.  There is a stream of negative news that's the point in favor of selling but also I think a dip lower will be quite brief and more an opportunity to buy, I think this of many markets opposed to Dollar strength because the DXY or dollar index is so repeatedly weak and they cannot easily fix that fault.

I think there is a decent tradable assembly coming. Between $34k to $35k a Bitcoin is not a bear market at least, still possible there will be another dip but it’s also possible there is a bullish signs. I'm not facing the challenge of purchasing more right now neither to sell out. I think whales likes to get in cheap, so they knocked it down now all the traders are shorting.

The whales have had a very bad effect on the market they are throwing their babies in despair and everyone is selling their bitcoins in panic everyone has to take up the challenge for bitcoin in crypto no matter how badly the whales are affected they should not be sold. The bull run at the market will come back again the prices of currencies have started rising again.

it is easy to say but don't be hypocrite that you also sell whenever there is a dumping season comes because that way we can make our holding more bigger.

Imagine if you sell High then will buy again low sometimes the volume of bitcoin can be doubled..
I've been there twice that's why after 3 years my funds got bigger and bigger since 2018 .

Selling everything you hold is surely not advised as if we keep on holding, the stability will increase in my opinion which will help in achieving a new high gradually.
While trading I do have to sell and buy repeatedly making small profits which I usually take out to spend or use to buy some altcoins.

I agree with this view point. Due to market turmoil or some negative news, too many newbies are selling their bitcoins. This is still a consensus issue. The future of Bitcoin is full of hope, so please grasp it. Under the demand of the market, Bitcoin will definitely return again.

Yes, I'm excited to read this. however, I'm still holding back at this point. although it's quite a panic to see prices continue to decline, but I really believe that every year, every month, and day, definitely provides a different opportunity and potential for crypto. I'm really waiting for the next pump.

Yeah if you don't need funds urgently then never take your coins out because you will regret that in time.
1bitcoin is still 1 bitcoin and this is what Holders must understand.
I don't know why people still doubting the capacity of bitcoin when just few months ago the value of this coin skyrocket to the highest people has even see.

Yeah. History has taught us that bitcoin can be worth a lot more than it is right now. We already saw indications of that earlier this year.
As for just how big the gains could be, there’s no way to know for sure. But the numbers are starting to pile up. It is a super high risk investment, but so are all other investments. Bitcoin at least has a history of exploding in price.

No, I don't sell at all. If anything, I try to buy as much as possible when prices are low. I am still a long-term bull on bitcoin.

Long term or short term it doesnt really matter because we do all aim for the same goal which is to make profit and just like what you said on where Bitcoin do really surprise us on lots
of ways and we never anticipated that it could really reach out those kind of numbers on just a decade considering on how much its value when its just starting or doesnt really have
value at all and now we are 30k in price and hit up that ATH of 60k. When you are bullish with bitcoin then for sure you would really be accumulating as much as you can since
you do know the potential income that it could give but of course we should always be putting up into our minds that risk is always there.

One day they will regret selling bitcoin now because it is not for basic needs but only for worries or not ready to risk the impact of market movements. I really appreciate you maintaining 1 btc long term even up to $1 million.

Some people just sell their Bitcoins during the bullish season and getting back when the market just dumps. They are in huge profit and definitely, they are happy but for those who just sell during a downtrend, that sounds regretable unless if it is necessary or they are badly in need of money.

As I consider Bitcoin for long-term investment, I certainly not to sell them but to hold them. However, we can't influence others to do the same if they don't have the same mindset like us.

The advice and motivation that can boost self-confidence, glad to hear it, and hopefully people can think more broadly and optimistically. The decline that occurs, of course can still be a good opportunity to buy with new capital, a downtrend does not mean weakening… but it is a sign of providing another profit opportunity when buying until we can earn satisfactory results in the long term.

Why there's a guilt with that if we've sold some bitcoins earlier? we've got different situations to deal with our lives and if someone has decided to sell at profit but it's not during the all-time high, it's still profit and it will help them ease the situation that they're dealing with. Whether it's for basic needs or not, as long as they've sold for some reasons and purposes, I think that should be okay for them to understand that they've sold it because they need it. And I agree to you that at least maintain 1 btc for long term.

A cheaper market is always an opportunity to make more money in the future by buying right now and waiting for the market to recover. We are down for a thousand price but we know this cryptomarket will always recover so there is nothing to worry about. Though there’s also nothing wrong on selling your holdings either for taking profit or cutting your losses as long as it is based on your analysis then go for it.

    Indeed this is a great opportunity that is available for everyone regardless of the type of investor they are. Which is why such misconception about selling should be stopped as soon as possible since it is really not healthy for the over all community of this industry. Obviously, there are many reasons why people sell and why people buy. There is no such thing as a wrong or right decision here, only slightly and very good or bad decision. Some people may sell due to an emergency or they are scalping, etc., etc. More people should make themselves aware of such facts. Whatever the style of investing, people should never judge nor undermine anyone. Because in reality, no single way of investing can work for everyone.

While waiting for the next pump, we can also continue to stack sats and accumulate bitcoin during a downside and not to sell on the contrary. But as what we have been preaching, just invest what you can afford to lose here. I still remember 2017, wherein there are investors who bought at the top and waited for 3 years just to get even and profit some. Money is very important in our life, if we don't used and invest it properly, we might lose everything in a span of 3 years. So make it count and make the right decision specially if you are in crypto investments.

I would tend to agree right now is not the time to sell, far too late to be early on profit taking and even if you bought into the very low there is still so much potential for development in terms of recovery and breakout.

https://talkimg.com/images/2023/06/12/AyWSa.png

I want to see how this develops, can it get past the 50 day average and is the decline over and done with.   Most likely it wont be clear cut, it has to prove both points but seems like it will try upwards and must fail in this aspiration before moving down at all.

I believe that whales are selling a bit as well, not directly selling because they think they will make money, but there were tons of whales who had stop loss and leverages that got liquidated if you ask me and that is when we dropped from 60k levels to 30k levels and not now. However if they are super whales then how are the prices still staying same when we are selling?

Only possible explanation would be that they are buying at certain level and not more, so they do not just go ahead and buy a billion dollars worth of bitcoin, they just buy all the orders between 33k to 35k for example and increase the price that way and then they stop, nothing more. Either that or this is not even just whale thing, it is that the market is soft right now and there are no more big moves and that causes the price to stay the same or at least close to similar.

There's nothing we can do if we are in bad position and will lose our money if we will dump our bitcoin today, maybe its really good to hold and just don't  think about it so that you will not get stress to see how the market  moves at the moment. Just keep hodling for sure you can get benefit with it when bull run came and maybe we can see this happen again on next halving or if it will come early maybe next year. Don't dump and accept your losses since its a huge loss if you surrender easily.

Seemingly that you have no exact stand on what you are doing here. you said that you still holding on but you are complaining about the continues fall.

Tell us straight , are you really holding or just making likely a counting post here?  Because you clearly mention that 1 bitcoin is still 1 bitcoin but you are showing weakness on the on going movement.

Not everyone has strong hands and heart to HODL their Bitcoin, and everyone has a reason why they are selling, they need money because of an emergency, they want to buy other coins that they think will have potential in the market, or they are cutting their losses and wants to get out in the market until the market improves, whatever their reasons there will always sellers

Those same people who sell at the top and buy at the low are very few and unfortunately millions of people missed that chance and some of them made lesser profit or maybe no profit at all and in big loss right now.

I am a long term investor as well, I am still in good profit, probably could have made x2 profit so far if I sold my bitcoins at 60k but I didn't because I do not believe in selling bitcoins, I either save them and grow them huge or whenever I have big enough I end up spending them on something of my own, not a physical item or anything, just a project idea that comes to my mind and I spend it on that in order to make some profit, that way I end up being either richer thanks to my project being good and liked, or fail because I end up not profiting at all and losing money on that project, it is not always even about crypto project, sometimes it is about something totally different.

Indeed! but in most cases there are sellers who are fearing to lose their money, thinking that the market won't

go back to where they bought their coins,  it's very hard to work with something that you don't understand, those

who knows the drill will continue to hold and will wait for the right timing before selling their coins, otherwise, they

will accept that they are going to lose part of their investment.

. I agree on that there are a lot of new investors that are losing some money because they are always afraid when they see a dropping of the price. New investors are loosing while crypto whales are gaining from the panic sellers and I believe that most of the panic sellers is the new investors who don't have a proper understanding about crypto, most of the new investors are easily get panic so they end up to loosing. All I can say is that proper understanding and self study about crypto is a big help so we need to continue learning for good.

well, I might think that when the dump happened, a lot of people were selling their bitcoins, and buying stable coins just in case. however, we don't know what reason they sold their assets. however, when they sell it, I think they can regret it when the bitcoin price actually exceeds the $100k price in the future.

Well even if I don't want others to have it I don't have any other choice if I don't have enough money to support my family I would do what I must to survive.
I wouldn't let my family starve if I have crypto to trade and make money.
We have responsibilities so even if we want to keep on HODLing our crypto there are times that we would need to sell it.

Well what OP is advicing is only applicable to those who can afford to hodl for the long-term, it's not like it's a generalized advice I mean if you really can't do it then don't do it because as you've said, you have a family to care for. Remember to also risk what you can afford to lose plus you also have to find other ways to make an income so you can hodl and get more profit.

This is absolutely not the right time to sell our "precious" Bitcoins, yeah.  ;D  This is the right time to buy rather than to sell. Even if Bitcoin price reaches at least $60k, we'd make an incredible profit. And I believe that the price won't just make do with $60k. I believe that it's possible to see a level near $100k in this year if everything goes right.

The strong volatility of bitcoin prices means that many people have their eyes fixed on the bitcoins in your wallet. They will do everything possible to torture your psychology, destroy your psychology, and then make you impatiently hand over the bitcoins in your hand. currency. This is the essence of the matter, I'm sorry, just say a word to the whale: I will not play with you.

I feel like the only time that we should sell is when we feel like it's right to sell, and always try to go by the guidelines that we should be fearful when everyone is greedy and be greedy when everyone is fearful. To me, 100k isn't the right price for me so I will be a bit more greedy this time.

yes right, we can say don't sell, the market will continue to improve. but the fact is that there are still many people who experience panic selling and rush to sell whenever the price is a little bullrun, so the market price is slightly shaken. never worry about conditions like that, when the market decreases slightly we try to take the opportunity by buying again.

But facing the truth, hodling while price keeps dropping isn't a very good business plan. For example when the price dropped to $30,000 last two months, the investors who sold at ATH had the opportunity to rebuy more from the profit they made already and now the price has climbed above $50000 which is a clear $20,000 difference in profit and good kind of return. I think the fear or panic of holders who don't sell is simply because they don't know if they sell if price will go up more, I do have this fear on my own aspect too.. On the whole it is a risk that can profit us if we are lucky.

I honestly do not feel like there is any good time to sell for me. I just have the feeling that bitcoin will always go up in the long run which means whenever I sell the price will end up going higher afterwards, because pick any point in time and price will go up after that, maybe not right away and there could be some drop short term but in the long term the price will fall for sure.

This is why I feel like there is a good enough reason to keep my bitcoins. I have promised myself that I will keep all of my crypto as long as I can, if there is an emergency then I may have to sell them but if there isn't one then I could potentially end up holding it until I retire and after that my aim is not to make as much money as possible anyway, my aim will be living a very good retirement and that is why price could go up after I sell and I won't care.

I don't think also that this is the time to sell our coins. Because Bitcoin price has newly started to increase a great deal and reached $50k. But this is only a start. Nearly everyone is expecting a bull run in the coming months. This might help the price achieve at least $100k before the end of the year or maybe in the first months of 2022. We should get prepared for this probability I believe. I would never sell my coins for now.

Love your signature.

You're absolutely correct - 1 bitcoin is 1 bitcoin in the long run and I couldn't care less whether or not it is valuable in fiat or not.

It is inherently ridiculous to try to value things in a currency that is clearly broken and centrally controlled, and hence has no intrinsic value.

People are buying Bitcoin these days rather than selling. And I think that this is the right thing to do now as long as you didn't buy your Bitcoin years ago. We are still expecting the price to reach $100k by the end of this year and it doesn't seem impossible to me. All we need is a bull run for this to happen. But this bull run shouldn't come late otherwise most probably we will not see this level in this year at least.

That's not the real happening many still selling especially day traders who already settled with their profit for that day but we can say that right now the demand is much higher and sell off is covered by those people who aim to hodl since there are positive predictions spreading and people don't want to get FOMO and do panic buying when price is at the peak. Many are expecting the $100k so I think that's good since if people keep looking forward for that to happen many will think bullish this year.

Although the price of Bitcoin has managed to rise to the price of $50k and there is a possibility that the price of Bitcoin will rise even higher.
Still, there are people who sell their Bitcoins to take profit, but the number of people who sell Bitcoins is really decreasing right now. Many people
nowadays choose holding, because they know Bitcoin will go very high at the end of this year, the $100k target is likely to be reached by the end of
this year. What makes me optimistic about the future of Bitcoin is that the popularity of Bitcoin continues to increase and more new investors are joining.
This is what could push the Bitcoin price up and make the $100k target a reality.

today bitcoin managed to break the resistance line that is $50k. i hope the price will continue to increase and break the ATH which is $64k. if bitcoin is able to cross that line I'm pretty sure $100k is very easy to achieve. but I'm still quite worried about the current price because a few times bitcoin was able to break $50k and it didn't last long.

Considering how we went from 10k to 64k just a year ago to last April/May, that means we could always go higher and higher, that was a huge increase and x6 increase as well. The bottom this year was 30k and the x6 higher of it is 180k. I am not saying we will reach that price, but 100k is the magical number that everyone is waiting for, when it reaches there I am 90% sure that the price will crash as well because people are waiting for that and want to sell at that price, not everyone but certainly more people want to than any other price.

We are certainly at grabbing reach for it, just another 2x and we will be there, considering we did x6 in a similar time period, then I am sure we could do that as well. It is definitely something we can achieve only if there is a bull run, the reach is there, we just need to believe in ourselves to do that.

I have the same idea with you. I think that this is not the right time to even think about selling our coins if we invested into Bitcoin especially not much time ago. We should be patient considering the long term also. Maybe even in less than one year, we will see Bitcoin price going over $100k level. It is expected at the end of the year in the worst case actually but we will see. If we don't see an early bull run, it can be impossible.

I read on Twitter yesterday that the last Bitcoin will take the entire planet 40 years to mine. One would be wise to keep that in mind when spending theirs. For some reason that really made me think. I’m not sure if Bitcoin will survive that long, and have my doubts if it’ll make it through the next halving cycle, but if so the price increase from here could still be shocking.

Well noted sir , $30k to $60k seems takes only 3 months!

Is that even accountable or just exaggerrated?

that's for sure got me thinking to hodl so do with everyone else , tge question is ... will you remain loyal when you bought 100btc at the current price and suddenly for some reasons a couple month later the matket falling to its lowest value like -98% or so.
that is always tough especially for the newcomers..

I admired your dedication but if i did followed you , Sure that i will never make my funds almost double just like now.

i have sold my coins at 53,000 level in which i almost regretted because the price went up to 64k , but i managed to keep it waiting until the dumping ends at 28,000 in which i bought at 30k .
so now that Bitcoin back at 50k more so i am more than 70% gain and still climbing .

I am agree with what OP's opinion, as per today Bitcoin has reached $51k wich is good sign to continue bullrun, the main target $100k is more closer now with good  news along with it.
I still think positively about the target, china and america fud is no longer have bad affect since they are too often lying about that. People now smarter than before, and the whales couldnt do that trick anymore to buy the dip, cheers for our courage!

very true now continue to be patient do not be tempted by the current price or profit because one day the price will be even higher. to control emotions that want to get as much profit and as quickly as possible is very difficult but at that time it must be done for the sake of much greater profits in the future.

Trading is not a bad thing and nobody says you should not do it. However the difference is that price could have been 70k instead of just 64k, it could have been 100k, it could have never crash below 53k and you would be in a big loss right now. You were a good trader and got lucky a bit as well and thanks to that you have made a great profit, but not all of us can make the same thing. You have to realize that there are many people who do not know when to buy and when to sell, it is just how we are and we can't make that kind of money like you can.

It means that there is only one option left for us, we could just simply buy and hold and eventually we will make a profit, just because it was recent doesn't mean that 64k or so is not the only point people bought, I have bought a lot more and I made nearly 9x profit since I bought so it is really not a bad return neither.

You explained very well, I became more optimistic about the future of Bitcoin, hopefully your calculations that say Bitcoin will possibly rise to
the price of $180k come true. If that happens there will be a very deep dump afterwards, because people will sell a lot of Bitcoins that they HODL.
Therefore, if the Bitcoin price has reached the target we want, immediately take profit before it is too late. Don't be too greedy by delaying selling
the Bitcoins we have, in order to generate bigger profits, it will only miss our chance to make a profit.

I would not say 180k, I said "even 180k is possible but 100k is more probable" basically. We had a 3x from September of last year to January of this year, meaning by the time we reach to January of 2022 then we could probably reach to 100k as well, would be a lot simpler.

Bull runs in crypto is something marvelous, it is something that people are shocked each time it happens, we can't really just let it be because it will definitely be difficult to just watch it, so everyone gets in as well. At the end of the day, bitcoin is doing fine, even if not at 180k, we could be doing fine and that is the important part, as long as we are going up I do not care where we are going up, it could be a very small and slow increase over time and I would still be very happy about it.

I totally agree with what you said, HOLD is the best decision to get the perfect profit. So many people make the wrong decision because they panic sell when the bitcoin price drop. When it comes to the crypto market, we are faced with two choices, profit or loss. These two element cannot be separated, but we also need strategy and courage to make a profit. Why do reliable investor always get big profit when investing in cryptocurrency? The answer is they dare to take risks and fight fear to get multiple profit.

If you look at the bitcoin price that is blushing today, holding is the right attitude for us to do, but not all traders dare to take that risk, but for sure we all have our own management in controlling our asset portfolio in the market, but for those of us who believe that if Bitcoin is strong fundamental, then choosing to hold could be the best way and this attitude is based on the volatile nature of Bitcoin and often experiences price fluctuations.

I believe that people who do not hold and end up selling during this period will be losers and will be crying when they see bitcoin at 50k+ again in a week or at most two weeks. We had these type of drops twice already and this is the third time, which is why I do not believe that it is something extraordinary that we didn't see coming. I could see these drops coming from a mile away, do not know the timing of it because if I did then I would be rich, but I knew that it would happen.

The only reason to sell would be to sell before the drop, since the drop already happened then there is no point in selling right now. I personally believe that we should totally keep this going as long as possible without selling. Let others sell and you will be doing better. I personally feel fine right now, this drop is definitely not close to being big enough to make me sell.

Btc has being volatile and 50k is the resistance which it keeps breaking it. But every fall is an opportunity to keep buying it and make some profits in short term and speculators. May be some time before it takes a big leap and rebounces back to 60k range.

Now, it is definitely not time to sell in my opinion. It is time to accumulate for me after seeing the huge dump recently (from 52k to 42k in half an hour). Maybe some people are still waiting due to the probability that the price might go down from this level more but I will be buying at this price also. And if it drops down even more than this, I will buy some more Bitcoin in that case also. Because I'm more of a long term investor.

For a long term investment, i advice you to buy at this price or even if it gets higher because bitcoin will rise more sooner or later. And this is why the bear market is the opportunity for whales to own more and more bitcoins.
From another side, i think the dump is about to continue and may resist above 30,000$ for a long period (maybe won't rise until the end of the year) so for short term investments, i think it's so risky to get benefits in a short period. Even if the dump period might continue to unknown limits, i still advice holders not to sell because they will surely regret it like it happened several times [See the two ATH from 2013 and 2017 and check the charts to conclude how much people lost when sell it at the ATH prices leading just by fear that it will decrease] .

Thing I would draw from most whales or large buyers is they are likely leveraged and sellers during pullbacks, if you allow them to buy back the BTC cheap they will benefit from every down trend.   Gradually a leveraged buyer with infinite fiat currency via central banking will take over every industry for sale because money is so cheap & unfairly distributed to the largest dealers of debt it allows them to buy everything else more cheaply then it appears.
  Its part of what keeps the working man with skills and hard work a poor person and the richest paying the least tax because they are closest to the printing presses.  It does seem best to always stay net long; be careful with trading and selling out during what is a bullish period over years.

That is actually your choice as that is your money. Just like if you buy this Bitcoin at $30k and seeing its price at $42k, it wasn't a thing to worried about but mostly likey we are still strong to keep it for a while. But if you had bought it at $40k, that might be started to get crazy thinking if I sell this or not.

Whether you agree on this or not but sometimes we put ourselves in a trap, sometimes we think this gonna be the right decision but later on, we'd realize that was wrong. Missing some opportunities because of our trust and confidence.

I agree, I see that blaming our self is non sense, the market is unpredictable and no one knows what will be the next to happen, speaking of the price it is already been said repeatedly that crypto is always high on volatility and price is always moving up and down, so if we loss then be it, there is always a way to stand and earn all we need to is to continue and be prudent enough to hold strong for good.

Big whales always waiting for the sellers that cannot hold strong, they always earn from our weakness, so we need to always remember that if we can hold strong we cannot loss in crypto holders always win.

In the short time I have been here, I have learned one thing: No matter how much you plan and analyze, you will rarely predict the right moment to sell and you will almost never buy at the bottom of a dip. One could say that all the basic macroeconomic and political dynamics that determine the direction of the market are largely out of your control.

If you are a newbie investor, the best thing you can do is to plan as best you can for the next 5-10 years. If you are already in this game, the best you can do is to remain a passionate investor, prepared to take risk, and to believe in the power of compounding.

The price of Bitcoin, which had risen to $52K a few days ago, now has to go down and play in the $45K range and of course, with this decline make bitcoin holders who bought at high prices were confused, whether to sell or keep holding and of course that's all depending on the choice of each person, But I personally believe that bitcoin will soon experience a price increase and of course I will prefer to hold it rather than sell it at a low price condition now.

We know that there are many reasons for selling and buying in the market. There is no right or wrong, because everyone faces different situations, and they don’t encounter different problems from everyone’s perspective, so everyone’s investment methods are different. Different, you will know which way is best for you.

Great observation and indeed reality , many advise telling people to Buy the Dip and Sell in bull but the thing is ? WHen would this be? do we really knows when the lowest or when is the highest each investments?
no we cannot instead we are all speculating , that is the same reason we must put a specific target amount when to sell, no matter what is the value in the following day but stick to the plan.


yeah 5-10 or at least every 3-4 years as the Halving season mostly change the course of the market and bringing really high return or not.

People need to realize that bitcoin is a leverage against inflation. When you realize this then you realize that you do not have to do anything that would require you to sell in the crypto market. Obviously there could be exterior reasons, once upon a time I paid a bill with it, those type of things do happen. However in the long run we do not have any sort of trouble with the current situation, just keep your coins even after they fall because that is exactly when people start to buy, if you do end up selling then you are losing against the competition (people who want to make money when you sell to them).

Just keep holding it, keep holding it forever and eventually you will reach to a point where you do not even need more money. I just feel like it is definitely something that is very long term and all these short term falls make no sense at all.

You need to do with a trading plan. Many novice traders do not have a plan. So, the profits are not maximized or even lose. So don't think you can make money fast and become the next crypto millionaire without using careful planning. You have to be more realistic to understand BTC price charts because the market takes time to mature for you to invest in bitcoin smartly.

For now, you should only speculate on whatever amount of money you don't mind losing entirely.

Great words.

I also think that you should not leave your coins on exchanges, because that provides the shorters the liquidity to take on their positions.

At the end of the day, you should be looking at bitcoin as a long term vehicle for storing your own wealth anyway and not some short term speculative asset. If you adopt that mindset you should find it quite easy to hold onto any cryptos that you've got for a long, long time.

There is a proverb in cryptocurrency that “if you sell you will lose” which means you have to call for a long time with this setting. If you want to fulfill your desirable dream and not be a good holder, you are less likely to be satisfied and succeed. CZ Binance CEO always say that if you are not to be good holder will not get success.

Money is very important in life so better try to invest this in better and because if you are not going to take right decision then you are going to lose this quickly. We are in good situation to buy bitcoin even it's going to touch $60K because we all know it's going to be very high in future, and we have to regret about this so buy not give to whales. Currently, bitcoin price is trading sideways which is causing some price movement for altcoins as well, but I feel this all is going to end very soon so never sell your coins in hurry to give advantage to whales.

As an asset that is limited and not haphazardly printed, speculatively Bitcoin is clearly very promising to invest in the long term. Investments with long-term schemes are better because short-term schemes such as trading are more risky than long-term ones. So, short term trading is indeed dangerous because whatever the trigger, any news that causes prices to rise and fall quickly, in a short time, you need to be careful.

I think that you are missing things together here. There is difference with long and short time hodling and trading. Although maybe short time hodling can still get the consideration as trading to the extent as swing trading but long time hodling is trading because trading is not suppose to stay longer than necessary like a year hodling. But both long time hodling and trading can get you a lose.

It's a most useful tool that you need when you enter this business, set your plan and make sure to follow things

according to how you percept the market.


Not a good mindset. It's not bad to dream to become one, but doing things the right way is more appropriate than
pushing yourself risking much than collecting knowledge and work step by step, slowly but the chance to achieved
your goals are much better.


It's not easy, but if you are seeking deeper, it's achievable. You can create your own strategy that will make things happen for your investment.


Using spare money allows you to work without worrying about yourself. You can stay calm knowing that you already understand
the possibilities and with good fate, the chance to grow your money is very possible.

I agree week hands is always loss we need to hold and never become panic and sell our asset at loss. We need to fucos and be more wise on making a decision because there are a lot of whales that waiting for us to give up and then they will buy our asset and they will earn because they will hold it and never sell at loss. Strong hands always win or earn in crypto I believe that if we are going to hold we can really earn a big amount. If we look at the price of some altcoins or even Bitcoin they are now very high at price some of them rise almost 90% from their price last year 2018,it means that if we buy those coin and hold until today we can be rich and thats the power of holding or having a strong hands.