Bitcoin Forum

the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells.
as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.

https://i.redd.it/5b34o6jx0o591.png
source of the pic is reddit

This is why the rich get richer and poor get poorer, most of people who sold their coins are actually a middle or low class that invested most of his money and not use the amount that they can afford to lose. Since the Bitcoin price sudden decrease, this make them panic and they sold since they don't want to loss more. While the rich have a lot side money, the reason why they need buy Bitcoin is they're waiting until the bottom happen. $15K-$20K seems like the bottom based on the previous 2017/2018 history.

On the chart, I can see that the new was two days old already, bitcoin was $22600 on the chart, bitcoin price today is 20400. Some people may be buying actively, but the bear market is still not yet gone. People can buy now and hold for the next 3 years and make profit though. If anyone is buying now, they should know that the price may still fall but they should continue to hold until they make profit and they should consider this as a long term investment.

Very interesting chart, even if maybe one part of the truth is also that many people send their coins to exchanges where the coins then will be put into the big storage addresses. So it is not necessarily a big HODLER that buys them, but actually be an exchange cold storage.

It's not so surprising to me for the increasing number of holders right now because Bitcoin is really cheap now and many individual investors and institutional investors that missed the last opportunity that creep BTC up all the way to $69k ATH wouldn't want to miss again and they have been waiting for this kind opportunity to come , Thus rush in to buy because they now understands what BTC is going to do in the coming years.

All hail the power of DCA. Purchasing power today is more than 3x the strength of November. Critical week for the markets globally, surprise ECB meeting going on right now as everyone braces for a big rate hike from the US Fed.

I was expecting a bounce from $20k today but it seems the road to breaking through 2017 ATH will take a whole day if not week... if we don't see the bounce, we'll get panic like not seen in a long time.

Exciting and scary...

people who buy bitcoin should never get greedy and think about possibility of a bigger drop. bitcoin history has proven that those who are greedy like this (wait for an even bigger drop to start buying) are taking a much bigger risk and usually are left behind when the reversal occurs.

the best strategy in bitcoin is to buy whenever there is a significant dip while ignoring other possibilities. specially if the price is still above a very strong support such as $20k


in any case the next target after having 1 whole bitcoin could be to become one in a million (meaning to own 21 bitcoin).

True hodlers will take advantage of bloodbaths to stack more satoshis and Bitcoin for their wallets. It is one of good times to do it. Who knows where will Bitcoin bottom out? DCA in such massacres is a very good investment strategy.

If you want to wait, let's wait for news from FED in coming hours and if the market gives you lower price, take it.

The original source is there: https://www.lookintobitcoin.com/charts/wallets-greater-than-1000-btc/ and there https://www.lookintobitcoin.com/charts/wallets-greater-than-100-btc/

Whales taking advantage of this crash and buying again after selling at the top.

The only difference is whales have patience and small/new investors don't have patience they jump in, in FOMO. And when there is fear, they sell out.

while whales do the opposite they sell when everyone is in Fomo. And they buy when everyone is in Fear.

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As far as I know, exchange wallets aren't included in this chart.

Here's the link for Exchanges inflow/outflow If you want to take a look at it ===> Checkonchain.com (https://checkonchain.com/btconchain/exchangeflows_pricing_usd/exchangeflows_pricing_usd_light.html)

True holders will always see an opportunity to buy bitcoin at this time, while others panic to see the price drop deep. They also won't buy all-in but will do DCA because DCA is a great strategy for buying bitcoins at many low price levels. I heard the news that the FED will raise interest rates again, which could send the bitcoin price down even further. For that, we need to be prepared and don't forget to prepare your money to buy bitcoins at low prices.

Many sharks are waiting these days, bear market is really our chance to get rich we will never get a good discount in a bull market. Many bitcoin predictions can still drop but don't hesitate buy it now, buy and hold. If bitcoin continues to fall, use DCA but if bitcoin goes up tomorrow then most likely we won't have the opportunity to buy cheaply anymore. As a smart investor should take advantage of this great opportunity, selling now means you have decided to give up the race.

Actual bitcoiners, holders will take chances of dips, bloodbaths to load more Bitcoin for their portfolios. Bitcoin outsiders, observers will only watch and hope if they had chance, when they are witnessing a new all time high of Bitcoin. In fact, if they look back, they would see they were given many opportunities but skipped all.

We know the world economy is built on debt and inflation. The pandemic causes a new and worse thing, hyper-inflation for world economy. Basically, it does not change and governments keep printing more fiat to circulating supplies.

The market is just panic, extremely fearful and panic now. The coming news from FED is comparable to news (announcement) from World Health Organization in March 2020 about the pandemic. When bloodbath ends, panic wave completes, the market will be well again.

This is not what it shows. This image shows the number of addresses that have a balance greater than 1 BTC. This, by no means, should be translated to "people who now own > 1 BTC".

Someone with 20 BTC can spare it in 10 different addresses and create 10 new UTXOs of 2 BTC each, but the owners of > 1 BTC will remain the same. Moving coins doesn't necessarily mean they're getting sold. Furthermore, coins that are sold, don't have to be necessarily moved into one address. One might have bought 1 BTC, split into 10 addresses.

you didn't get the point.
the point wasn't to figure out the exact number of people who own 1 whole bitcoin. the point was the increase itself and this chart shows it very well.

at all times there are people who split their coins among multiple addresses but their numbers don't change that much, when we the slope of this chart increases it shows more people are reaching that target instead of more people splitting their coins among multiple addresses.

Yup, can confirm seems like Bitcoiners use these situations well. Every Bitcoiner i talked to stacked more sats, the only people that lost, used margin or didn’t hold their own keys. There’s definitely indicators that confirm this trend, even tho we can’t quantify how much exactly.

The real whales are waiting for this to happen, as I predicted the bitcoin will touch 20K mark we will see the people start accumulate as much as they can and this chart is proving the same thing as well. Again the haters started to say bitcoin is scam, ponzi, blah blah is on the social media but I don't know how long it will take for them to accept Bitcoin?... ::)

That is indeed a great move for those who want to benefit from the bear season while many are selling cheap of their Bitcoin.
I'm not wondering why seeing the situation like this and I know the market situation isn't just about trading, Buying and Selling, we can do holding as well and this becomes a phenomenon when the bear season hits the market.

I see some people are waiting for this perfect time while the others are got terrified by the drops. It is pretty simple to say that not all are bound to buy and hold, some are meant to buy high and sell low.

Yes we are no doubt trying to expand our assets with Bitcoins.
As a hardcore Bitcoin trader, we know the capabilities of the coin.
So it’s a really great opportunity to buy the Bitcoins as much as I can and that too in a price which can be treated as a SALE.
Bitcoins have already shown his value during 2018 when BTC from 20k usd dropped to 3k usd and again rose to all time high.
So we all traders are also expecting the same this time.
Hope Bitcoins again break the all time high and make new records.

The market will test how the investors holding on when the price dips below 20k. Its a HODL test and scary as hell when they are tempted to sell after months of seeing the market hasnt yet show results.

Frustrations arise when expections are not met. Holding is not for all because waiting will also make doubt when months of waiting is how they define long term. Not holding on also makes them regret when the price finally is positive.

Exactly, while there is a lot of hate against those which are successful, the truth is the far majority of those which are at the top in terms of income and wealth got there because of their own efforts and not because they inherited that money.

And the drop in the price we are seeing proves this once again, those which are selling their coins right now and leaving the market to never return will not recover their money, while those which are buying are reducing the average price at which they bought their bitcoin or they are simply increasing their holdings, which is a move which will bring them great benefits a few years down the line.

With DCA spreading like wildfire among holders, I think it is safe to say most of us have learned our lesson.  Particularly those who always had the chance to own 1 Bitcoin for cheap but never did because they were expecting the 'dip'.  DCA is now so popular I think it became the norm in investing.  Much less riskier than trading, much more fun than investing large amounts.  The sad part is that many of those DCA'ing today with the goal of getting to 1 Bitcoin had the chance years ago to get so much more than that but greed screwed their opportunity up.

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Regards,
PrivacyG

It would be interesting to look at the activity of buying bitcoin now, given the noticeable price change in the near future. But well, let's wait.

Yes, that is correct; many people who have assets and intend to hold more than one Bitcoin are meeting their target, whereas those who want to buy but lack funds must continue to look at the market in this manner. People use money to make more money, but if you don't have any, you must be patient and watch the market. I'm hoping that this bear market will end soon.

As much as possible, it's too important that we'll save and prepare for the bearish season just like how we prepare for the bull season. We will only have regrets if we will miss the opportunity to accumulate Bitcoin during this crash. If ever we lack funds during this season, we must take it as a lesson to prepare for the next crash so we'll have something to hold when the bull season approaches. Saving for investment will be the best step to a profitable future.

When the market is at its lowest is always the right time to buy but sometimes people always allow fear to deny them the opportunity to buy at this time. Btc holders understand the long-term benefit of buying now so they are actively buying. History has already shown that buying in a bear market is very rewarding.

We know it's normal for most people because it's a free market where not only strong hands buy bitcoins but weak hands have them too. In turn, the rich get richer because they have great money power but most of the poor people have to give up and accept the fact that they have to sell to prevent bigger losses.

Although not everyone has the same methods and strategies, in general, long-term bitcoin holders will have a good chance of making maximum profits. The cycle will repeat itself, this is a great opportunity to make an entry.

They are the ones who do see for this situation for the best time or opportunity for them to accumulate more which they dont able to do so when bitcoins price hits up above 30-60k or simply they are putting their

buy orders into these levels which is indeed worth the wait.Even myself do have the money would definitely do the thing on where accumulating as much as you could but we know that
we do have limited sources and funds which its understandable that it would really be just few but at least we had made out the right thing.

Risk taking isnt something for everybody since there are still people who are still in doubt about bitcoin potential.

There's always an advantage for rich investors because even if bitcoin has dropped so much, they will never get affected and they even see it as a new opportunity to buy a lot more. That's how optimistic they are. However, the poor investors easily gets panic especially if they only rely from bitcoin for a good income, instead of buying and hodling, they end up selling their coins to cover up the losses, and convert it into stable coins. That's when the big whales become richer because they always buy when the poor ones decide to panic sell.

A bearish era is a god time for all hodlers to add more Bitcoin. It is likely buyung Bitcoin with huge discount. So far, we know how the people are fear enough kf this price drop. But it is different for holders. They are haooy by ourchasing more and more Bitcoin to hold for long term investmennt. They know the value of Bitcoin. Not only about profits 

That is always expected for bitcoin enthusiasts. Bitcoin is the best asset here in the crypto market so if you are smart enough, you would also want to take advantage of the price dips and buy bitcoin as much as you want. However, not all investors do what is right. Instead, they resort into panic selling hoping to cut their losses. And i believe that's also their choice. I just hope that they won't regret their decisions when bitcoin skyrocket again.

A very great thing to do these days. Those who understand that this dip won't last for a longer time are buying and believes that the recovery will come at any time now.
Despite the market has been hit and cut too much like a trillion, there's still hope and we know it if you've been here holding for long. No drop or correction will stop us to reach that goal of owning at least 1 solid whole of bitcoin. While the others are still crying that it's not enough for the bottom and they want to see a lower price from within.

This season is indeed a time to accumulate because of the cheaper price of Bitcoin. Some investors are selling because they cant stand seeing their Bitcoin losing value, not knowing its only temporary and the time will come that the price will recover. Weak investors are often not prepared for this scenario hence FUD is taking over them.

Its understandable if you're a new investor who didnt witness the history of Bitcoin. But for investors who already know the history and used to seeing the price turning up and down, they know how to deal with this that can benefit them in the future. Thus its up to us what we want to achieve, because if you like to be a huge gainer then you need a lot of patience.

Those who want to continue to see prices getting lower from now of course already have their spare money to start buying again. Whales are taking advantage of the current situation as a way to get bigger profits. You just have to wait for the bull market to come back, and when that time comes there will be a lot of FOMO going on and the whales will sell at high prices. Having a stable psychology and not panicking too much will help, and definitely have some spare money to support a healthy psychology.

It's always like that. The majority of the people have a very short term vision, they want it all and they want it now, and they end up selling everything for a fraction of what they've paid, then they complain that BTC is a scam etc etc. This is the right moment to slowly start accumulating. Can it go lower? Of course, but maybe it's time to get something, then we'll see.

With the current market conditions, many holders buy more bitcoins because they made huge profits on the last ATH last year. And now they get a big discount on the bitcoin price so they can increase their bitcoin amount again and hold it. This is a good opportunity for everyone, not just the whales, so we should also use this opportunity for ourselves.

This kind of cycle keeps repeating itself and only people aware of it can survive this situation even if the markets are bleeding and the world economy is struggling. Those who could endure had already prepared to see this moment and planned to use it for them. With a lot of negative news about bitcoin out there and making its price drop drastically, it makes many people panic, fear and think that it will all be over. But their hopes are wrong because bitcoin can definitely get out of every difficulty that occurs and will even surprise those who have been able to survive.

The Bitcoin Hodlers have money to spare but even with these hodlers accumulating, the supply seems to keep on coming in, the reason for the continuous decline of the price of BTC.


If only people will start to see it that way, the price trend will be reversed.


The  Bitcoin market is always in this kind of cycle, alas, people never learned and the moment the price of bitcoin declines, their hands are shaken to sell their holdings.  Lucky are those who have a firm belief that the Bitcoin market will recover and break another series of ATH after this bear market.

What is surprising is why the price are still dumping despite of the data's that we are seeing around us about how much the btc users that bought btc have tripled. Why is that? Is it because there are more dumpers than buyers? Or there are some kind of manipulations going on for btc? Hhmm, I wanna know.

People already learned since btc fall down to 3k from a 20k high but if there's ever that they missed, I think it's when they did not sell when the price reached 69k due to much greed. This is where the concern that I read last time but pretty sure that those people have now learned their lesson and will know try to sell once btc return's on that price.

This is what redistribution of wealth looks like. It has never been from the "rich" to the "poor", it has always been from the stupid to the wise. This is happening in the most glorious way in bitcoin for everyone to see since bitcoin is the most transparent money in existence.
The funny thing is that not far from now people are going to start complaining about bitcoin being too expensive to buy at $100k.

Being wise is a good thing, but it is also being said that money makes money. If you are wise enough to know that you should buy bitcoin at these levels, but you do not have the wealth to buy bitcoin, then i am afraid you will not become rich. You need to be a holder, an investor and then you need to be wise enough to know when to buy and when to sell.

This has always been a trend lately, weak hands sell their holdings in the times when ideally you should buy. This actually is the reason why the rich becomes richer and the poor becomes poorer and this obviously indicates that there will definitely be bull market once again pretty soon and this is just the time for accumulation and not selling your holdings.

This is always the case, there is no place for the weak in this world, they are always losers, unfortunately a large number of bitcoin holders put everything they have in buying bitcoin so when the bitcoin drops significantly they panic to lose all their money so they panic sell at a low price and here comes an opportunity Big whales to catch small fish and get stuffed up, panic selling is a big mistake that these people make because instead of saving their money they will lose a lot, if they are a little patient to avoid this loss and get additional profits as well.

Obviously must be doing so. Harvest time to do so. Yes, its still going down and not sure when this long correction would end but as long as its prolonging, its a great time to all traders to pile their buckets with not only Bitcoin, but all other altcoins as well. I too planned to invest some amount on Bitcoin and on few best altcoins like Matic, BNB and on Wazirix. Right time to buy coins very cheap now. Its better to accumulate as much as possible now.

I am a firm believer that buying bitcoin on a downturn is the best way to go if the goal is for the long term. Investors will do this because they know that it is entirely possible for bitcoin to go higher in the long term as history keeps repeating itself. Bitcoin holders are those who believe in bitcoin's long-term potential, and so far seem to realize that buying momentum has opened up for them as bitcoin's massive correction in recent days is the best opportunity.

I would probably do that too for anything I could afford to lose, but I believe bitcoin is not an asset that is very close to failure and I believe it will continue to grow over time.

The bear market does not give alarm before coming, assuming it does, people would have saved for it, people would have prepared for it. But the bear is a season we all know must come. We still understand that the weaks hands will sell off while the die hard hodlers will continue to hold.
Most times it is not the with of the weak hands to sell but if they actually entered the market with amount of money they cannot leave for a long time, they will have no option than to sell at minimal loss.
This industry is too dynamic and it makes the rich keep surviving at the expense of the poor.

People who are into the cryptospace for a long know well about the market and the potential of bitcoin. This lets them go for atleast a bitcoin as the price have dropped down. Apart from that new users who have been waiting for a long time to enter the market have made themselves strong and have made their first purchase.

The first purchase were entirely out of self decision, and very few have come with the suggestion of others. So, the market is being understood and people are making use of the drop as an opportunity.

This is the reason why those newbies or weak hands have fears in the bear market because they can't control their emotions seeing their investments value have dropped so much. So instead of doing the right thing, they tend to panic emotionally and end up selling their coins at a very low value. The reason why they end up still very poor no matter how hard they try to invest and leave the rich hodlers of bitcoin become richer in less time.

It is to say that some are happy about this huge drop and patiently waiting for this moment to come. We can say it is a great opportunity to sell our Bitcoin during the ATH but this time, it was also buying opportunity.

Well, I don't make myself to encourage people to buy Bitcoin at these cheap prices but there is one thing I have to say, investing now is a big sacrifice for ourselves as for sure we have to wait longer before we make a good profit. If this has been hard for us, then never we have to pursue buying now but instead, just sit back. Well, I'm talking this to newbies and undecided individuals.

It makes sense to buy right now, I mean think about it, if you are a bitcoin investor then you think that bitcoin price would go up and if you think that it would go up then you see it down which means that there is a fear of never seeing it this low again so you do not want to miss this chance. I am not saying that you should buy it right away but that is the mindset of people like me who think that bitcoin will always recover and go up. I believe that it will be 100k one day and eventually 200k and even 1 million dollars. So I do not think that it would be too wrong to think that it would be a high priced thing, so why miss out right now?

If there is something I learned in the investment world, it is that you always have to BE FIRST in every purchase that you do. HODLers who are actively purchasing BTC in this bearish market are just taking advantage of low price, hoping that one day its price would skyrocket in the near future.

Imagine, the price of BTC already reached $60,000 last year. The possibilities are endless and people would definitely expect that it might happen again anytime soon. I guess this is an obvious sign that HODLers should take advantage and purchase more at this time.

makes sense.
Why?
Yes, because the holders always take advantage of every decrease in the price of Bitcoin to collect more Bitcoin and hold them for a certain time. sometimes, in these bearish times, many holders buy to prepare for the upcoming bullish period. There are also those who are true holders who buy and store them indefinitely. Or those who really want certain targets to be achieved.
And from here we learn if we also want to be a holder. It's not just buying Bitcoin when the price is soaring and afraid to buy when the price is going down like this.

I agree with you, because many people are using this advantage to buy more of bitcoin and hold for a better future to come before they can sell to make a passive income. Now that the price has dropped down to $20,000,it will be favourable for both long term investors and short term investors to use this opportunity to purchase bitcoin and add to the one they have bought before, to enable them to achieve their goal in this season of profits making. I think, majority of people buy bitcoin when the price is low in the market, because they believed that is the best time to prepare ahead for a better future.

Now bitcoin in so Dip and i believe this is last chance to buy bitcoin in dip. when bitcoin will pump again Btc will never down bellow $50k. The next ATH for btc $100k and it will happen in year or a Couple of year. The real holders will go to the moon in this opportunity.  And panic holders will regret it.

The long-term holders will still buy bitcoins and put buy orders at different price levels to decrease their buying levels that's how they increase the profit they earn because they do not worry about the situation of the market in the bearish phase and they don't have a plan to sell bitcoins at this level, so buying bitcoins whenever the price is doing a downtrend movement and everyone is selling can be profitable for them in long term.

Apparently, it makes them decide to do this as a way of helping the market and also taking advantage of the situation. We can say, it is a sort of manipulation but guess what? We as small investors are making benefits from it as well. Holders are not afraid to take risks as they somehow believe that they won't fail but succeed. Keeping those spirits is I think we need to adapt and instead of thinking negative upon seeing the chart, we tend to divert it by looking at bear season as an opportunity.

for me 1 btc is a beautiful nominal. especially those who are strategic and successful like the table you stated.
The panic selling is still felt to this day, added fuds that continue and are there every day.
Bitcoin bearish and bullish decimals are felt if they have a decent unit. No wonder it's recorded in some media about a handful of people who are still strong and save with technique.
maybe if it can be penetrated there will still be a discount until the hand or Q3 this year. Since the beginning of the year the decline has been neat and continues to be basic.
I'm also thinking about analysis from other users, why is the market like this but they (whales) keep buying or manipulating the movement

If you wanted to own bitcoins in the past but feared the price was too high, then obviously this is your last chance to buy bitcoins at a high discount. As a long-term holder, you should not ignore this moment, holding bitcoin is never the wrong choice. Bitcoin proves that it will increase over time, a short-term drop is just normal nothing too serious. Holding bitcoin at this point may take a long time, but the rewards will come to true investors.

I am happy if it's indeed an indication that those striving to get 1 BTC are finally getting it. It's some wealth, but not much wealth in most countries. It's the sort of money that can be life-changing if you're not rich and barely middle class. I hope they'll hodl long enough to actually benefit from the change.
I also thought about whether the rich addresses are growing in numbers as well and assumed that perhars it's actually the riches panic selling now, so I am happy tranthidung provided links with this data. It seems that generally they tend to sell when the price is high and buy when it's getting lower, but there are temporary changes that don't conform to it as well (such that that over the last 1.5 months both the price and the number of the richest addresses has been decreasing.

People who missed out on holding bitcoin on its road to $68k are filling up their bags now to avoid a repeat of such occurrence and the current bear market has given a lot of investors to come in and own some amount of bitcoin at a very cheap price compared to what they missed out on. So yeah, as the bear market continues the rich (holders) will continue to get richer and the poor (paper hands) will continue to get poorer. It's simple logic.

My advice is to continue to buy as much bitcoin as you can afford albeit with money you can afford to lose. Not the kind of money that if when lost will crumble your day-to-day finance.

This is really exciting. Although the dump is bad but at the same time I am happy to get such an opportunity to buy BTC at such cheap prices.
Thanks to all the weak hands, now we can buy more BTC for the same amount of money we used a year ago.
People are saying bitcoin will dump more and in that case I would like to wait further to see if I can buy more satoshis at cheaper prices. I am getting so greedy because of the dump.  ;D

Yes I feel that bitcoiners sees this time as the best time to lay their hands on more coin reasons been that BTC is very cheap now. Then on the other hand people that were not opportuned to benefit from BTC before now are also buying now so in general am sot surprised at the increase number of holders of BTC now everyone want to benefit from it 

Well, that is the whole idea. If history has thought us anything, buying in batches is best because we can't really say for sure where the bottom of the market is. As we most have all seen that the price further fell to $17k+ from the $20k+ you mentioned and that was even a better buying position. The problem will only be having extra liquidity to continue buying at every opportunity the market provides, more like DCAing, and that's why I also agree with @Jawhead999 here.

For the fact that the price of bitcoin went down to $17k during the weekend hodlers are still buying more bitcoin because for sure the price will be up after now. This why the rich will always get richer and when the price get to $60 most of us will be regretting for not buying when it the price was so low.

Of course, imagine how much profit you would have made if you bought on the downturn two days ago, Isn't that very convincing? Anyone who doubts bitcoin may be able to take a lesson from it because the truth is the price of bitcoin will not always go down and will not always go up. We must see this fluctuation as an opportunity, it will be profitable.

The number of holders will probably continue to increase as there are enough people taught by experience. But always keep in mind that you must remain safe to invest in bitcoin, meaning you must be willing to accept all the consequences of the risk.

Many people have been waiting for a long time to buy Bitcoin at a very low price. Those who were able to buy Bitcoin today when the price came in at $17k but they have a lot of profit.Maybe such an opportunity will not come in the market but Allready has gone up.Maybe the market is dumping a little more, otherwise it will start rising from now on.But for those of you who have invested in Bitcoin, keep investing and look forward to seeing the good market.The market is going to be someone soon.

This is not something surprising again. Am sure the numbers will keep increasing as the market is not yet stable now. The low class people who solemnly depend on bitcoin market for their survival are in haste to sell them off in order to reduce the lost they’ll get during this bear market. They say a stitch in time saves nine. I don’t actually blame them for that. Taking risk is not an easy thing to do. But investment into bitcoin market is preferably done with money you’re ready to forfeit for whatsoever comes out in the end.

What could have been our decisions in times like this if not to take advantage of the fall in price for an investment, and it's a great opportunity as well to invest on the most recognized digital crypto bitcoin than any other altcoins with high risk, many seek to make there assets more secured with bitcoin investment over time, what a privilege this could have offered if it's been utilized now that it runs dip prior the time to begins to rise

This is an opportunity that won't be got often. People who buy a small portion of bitcoin have got an opportunity to buy it as whole. More people are showing interest on ethereum and BNB, taking into consideration the price of bitcoin which isn't affordable though it is very low compared to the ath value. Rather than regretting after its progress it is good to buy when opportunity is available.

They come and invest in crypto hoping for the best and most profitable results. I'm not sure how long they are waiting for this time, but I guess they are patient enough for this.

As to look back 2018 -2019 bear season, the majority had look crypto as a dying platform and only a few people had seen their bright future until the market just boomed and regrets has come. This gives them an example and that is why people never make lose their mind and are afraid to invest but they take the risk because of a hopeful incoming.

Hopefully these holders will help to bring more stability and strength to bitcoin price futurely by not panic selling during bear markets. It's preferable bitcoin leaves the hands of speculators and panic sellers and is taken by long term holders. This situation is only worrying in case whales are the ones purchasing bitcoin now, because then it will mean they are accumulating more power and influence in crypto market yet.
That was predictable move though, and small investors shouldn't wait too long until restarting their bitcon investments once again, because when they least expect, bitcoin is going to be immediately pumped by big players who want to raise their dominance and manipulation range.

People who is financial buoyant enough that already have Bitcoin in their domain is will not hesitate to accumulate their bitcoin because of this bearish season. Because i seen this as opportunity towards 2025 which according what i noticed in cryptocurrency and especially bitcoin, after two or four years constantly rise in the market, it takes bitcoin same wavelength or equivalent duration before it will retain it's space or position. That is while investors that knows the domination or the pathways of cryptocurrency regulations continue to hold more of bitcoin, and intensionally knowns that it will skyrocket any moment from 2024 and 2025.

The next ATH of bitcoin should happen, possibly by the next halving(not coming soon anyway). You are correct. The majority of bitcoin holders sell their bitcoin due to the immediate need for money which is quite an understandable situation. By the way, people save up their assets with bitcoin. Someone's finance can be rosy but to someone else, it's a challenging period.
Buys deep if you can and don't forget to invest in what you can afford to lose. Investing in bitcoin during a bearish market doesn't guarantee richness overnight. No one knows how long the bear market would take to be over

It is natural that coins move from those with weak hands to those which have stronger hands, however I have been wondering if this actually has any effect on the volatility of the market.

By this I mean that even if those long term holders are not selling their coins in panic and they are even buying some bitcoin when they can, those coins are not really at the exchanges and are not changing hands at all, so when it comes to the process of price discovery it is almost as if those coins did not exist, which would explain why the volatility is still so huge even if a great deal of all the bitcoin ever mined is on the hands of people with very strong hands.

This is really really amazing. I’m so amazed with the bitcoin community and it’s ever growing investors. Ahh, I wish I could reach to full one bitcoin sooner. Right now I’m just near to 0.06 bitcoins. Lolz. The problem is I’m taking our money in close to emergency situations like family conditions, fees for kids, and some other personal expenses. I know to become holder means to keep the bitcoins untouched forever. To achieve the goal Like one ether it’s even bigger challenge. One day for sure!

Volatility is still huge, but if we compare to years ago, it has been decreasing and the market has become more stable, otherwise bitcoin would have already crashed to this currently price range since the end of 2021 and beginning of 2022, rather we saw a strong bitcoin fighting bravely to break resistance levels at 40,000$ and 50,000$.

Unfortunatelly, FED has answered with an attractive interest rates' boost and big players didn't think twice before retreating crypto market and going for dollars at this moment. So, all the progress long term BTC holders have accomplished by now seems to be worthless on this momentaneous scenario, but without any doubts they helped a lot to keep btc in a robust position between December 2021 and May 2022.

With more investors of this kind, bitcoin will be much more prepared for the next bearish seasons.

I don't mind if I miss now or next week. I'm a hodler. Of course that I want to buy the dips and be able to buy more with less fiat, but guess what, fiat is also loosing value against other fiats and also loosing value against Bitcoin in the mid/long run. So, it seems to be a win to win situation buying Bitcoin no matter the price!

for those who have money and have knowledge of bitcoin, I think there is no doubt to start buying bitcoins for profit in the future. and if bitcoin still declines again, I think there is no need to worry about continuing to hold it and buying back in the area we have determined. therefore action is needed to go bolder, because many people find it difficult to muster up the courage to buy bitcoin at bearish times

These graph chat really picture out the real talk about the Rich are getting richer and the poor are not be able to take the risk while selling off base on current price 20k to 21k because of fear of unknown. Hence, the greatest surprised they we buy back at 50k or more.

That makes sense, however it is incredible how fast they can change their minds, the dollar is not a solution to the crisis we are going through and if anything it is the main culprit as a huge amount of dollars was printed during the pandemic.

So while the collapse of the dollar era could still be far away it could still happen and it is a mistake to keep your money there as who knows when a global bank holiday could be enacted and a great deal of your savings could be stolen during that time, something which is impossible to do with bitcoin, making it way safer to hold for the long term.

It's not really a surprise. When the price goes down, people who want and can invest buy more. That dosen't really mean it will sudenly make everything go up, but rather that people are still treating as a regular cycle. So no doom and gloom on their parts, that's good to see.

holders are usually rich and good at managing strategies in sales and purchases and the main thing is that they don't invest greedy words in seeking profit, they say wisely in investing.
the right time is now to buy btc if you already have funds

most long-time holders are believers of this market. so when this opportunity presents, they will always buy what they can afford. and then, they will just wait for the right time to sell off. but for some new holders, usually they will panic as they are not yet familiar with how the market behaves.
this 20k+ range of btc is like a price heaven for them, as they can easily accumulate btc at a lower price, that is, if you truly believe that one day btc market will start rising again. and for me, the possibility is very high considering the stakeholders involved right now and it keeps on growing.

And when the market is not in their favours as they panic as you said since they're not quite familiar with how the market behaves yet, then bitcoin price once again will go down and those holders will keep buying it once they see some opportunity like that one. They will keep buying at the lower price and waiting for the right moment to sell off or they just keep hodling 'em till it reaches the possible highest price. Even for big traders, 20k price range is actually kinda cheap for them, a long as they can afford to. At this point, it's no surprise to think that we've seen a lot of hodlers nowadays, it's like when market is in bearish situation it's actually the best time for them to join the party to buy cheaper coins that suffered from it and all.

Are you sure the current holders are just because they are rich?
In my opinion, of course, it is not only the rich, those who are forced to become holders are also due to circumstances that make it impossible to sell their assets, because it is not in accordance with the initial strategy.
It is necessary to be wise in investing, so that the money that we entrust to an asset will generate profits.
Anytime is a good time to buy bitcoin, depending on how high the target price is going to be.

Its very natural, they know they missed out last time and they don't want to miss it this time. A lot of them might be doing that. I want to say maybe it  could this also be due to miners transferring their wealth into smaller wallets. I am just guessing. Maybe in countries with crypto taxes or they are just putting their bitcoins in cold storage

I just know hodlers benefit a lot from bitcoin , bitcoin was made specially for hodlers,  those who can exercise patients,  not for people who are greedy thinking how to make money very fast from bitcoin.

With the current price if Bitcoin, those buying now must probably get ready to hold for a long time. Although, the price might be falling, but is important to note that Bitcoin are usually unpredictable, and it will eventually hit a new ATH soon. Therefore, it a brilliant idea to take advantage of the price now, and purchase more in order to make pretty nice profit when the price surely rises. However, I have acquire some reasonable amount of BTC, and will keep buying more.

As the price is going down, hodlers know that they will be able to manage their investments. But I can’t even imagine what they already have in their minds. I would rather stick to trading while trying to make money through small fluctuations.

Just like your account name? how can a HODLER resist this dumping market? they can even purchase in very cheap with large discount?

Imagine that from 68k it drops down to 17k? how can be the income after the former ATH breaks again?

from 17k and climbing to 100k in the next couple of years? doing nothing but just HOLD?

this is certainly Hodlers will do.

right now it's a fair price to buy, although we don't know if this is the end of the bearish trend or not. what is clear is that if we want to invest in bitcoin, of course we must be prepared to hold it. Don't let us imagine that we only get profit in a short time, so that it disturbs our psychology. On the other hand, if there is another decline, we must be able to divide the capital so that we can buy it back

Bitcoin’s value has drastically decreased over the last few months. In spite of knowing that it has become a risky asset at the moment; hodlers see this as a golden opportunity to stack as many bitcoins as they can so that they can rejoice when it’s up. I have turned into hodler for now but not buying any new bitcoin.

Very thrilling chart, despite the fact that maybe one a part of the truth is also that many humans send their cash to exchanges where the cash then could be positioned into the huge storage addresses. So it isn't necessarily a huge HODLER that buys them, however in reality be an change cold storage. That is why the rich get richer and bad get poorer, most of those who sold their coins are genuinely a middle or low class that invested most of his cash and now not use the quantity that they are able to have enough money to lose. Since the Bitcoin fee sudden lower, this make them panic and that they bought due to the fact that they don't want to loss more. Even as the wealthy have lots aspect money, the motive why they need buy Bitcoin is they are ready until the bottom take place. $15K-$20K looks as if the lowest based on the previous 2017/2018 history.

If you've been in crypto for some years now you should know that this is the best time to accumulate bitcoin. People aren't euphoric anymore and most of the news about crypto on social media is just fud to shake those weak hands. This will be the last chance to buy at this current prices because next market cycle could be a new ATH. Inflation also keeps rising over the years so investing into bitcoin for the future is a good choice.

There will always be people who will think that bitcoin will go down, that is not a joke nor a scary thing at all. So, if you accumulate right now, then you are going to be profiting a lot from it more than any other person. I know that it is not going to be a big deal, but it is going to be quite a good deal when it happens to go up, and it may take a while and you may wait maybe a year, maybe two years, but eventually it will start to go up to a serious place.

When that happens, you will profit a ton from bitcoin and maybe select few top coins which is awesome, and then you will take a small portion of that profit and put it on silly altcoins and make a huge return from that. Unfortunately, after that it will have another crash of course, but at least you will be in profit.

This is not surprising as the bag holders of bitcoin will always maximize their purchase when they start seeing good opportunities to buy. The thing that weak hands fail to realize because instead of taking advantage of the current market scenario and maximize buying bitcoin, they resort into panicking and sell everything they have. So they all sell for a loss, something that strong hands in the market will never do.

If you are in the bitcoin forum for quite long, you will eventually develop your high interest for bitcoin and become one of those bitcoin enthusiasts which the only concern is to satisfy their craving for bitcoin and own a lot of bitcoin in their portfolio. It's just that the crypto market condition at the present is giving us the best opportunity to buy at its cheapest value, so not surprising if those long term hodlers of bitcoin have increased because they can buy more bitcoin at a very convenient price.

I'm responding to this base on the caution or the subject of the text. before the observation became popular and obvious to the community, it's officially known that bitcoin have a potentiality and anymore who knows it's adoption and it's connectivity will like invest for long time frame so that when it increases it will definitely make huge profit from different angles or diversification of cryptocurrency investment.

This is true, It's a common behavior of people who just got into the market. They lose trust after seeing a massive down fall on prices and eventually sell their asset on a low price that result to a loss. Whales just keep taking advantage of the market buying all those discounted bitcoins, This is why whales are just becoming richer as time goes. I'm pretty sure that those weak hands just entered crypto because of the hype of bull market in the past few months and now they are suffering because we entered bear market. They haven't experience the bear market that's why it's very new to them. I hope those who just entered the market and sold at a loss will learn their lesson on their experience.

People could only be classified in to two.

1. One who do believes into potential of Bitcoin
2. One who do easily get affected by their emotion and making out direct conclusions.

Its not something new for a human being to have those reactions because who wont really be that get stressed on the time
that the market do make out some decline? For sure we are really experiencing those stuffs.

I agree, I mean we're also affected about it but the thing is that we are much calmer than the ones who have just started their journey in bitcoin and other cryptocurrencies and just like @abel1337 said, these new ones haven't experienced bearish market since they started at the previous bull run where the bitcoin achieved new ATH. Now, they are really stressed on what's happening because they don't know what to do in times of declination. That takes us back to the basics, always keep ourselves informed and knowledgeable before starting to invest in unknown fields.

It's not surprising that such old hand mop up is evident now despite the ongoing dip. Anyone who has witnessed a circle of bull and bear seasons knows that now is a discounted opportunity to buy Bitcoin. In 2017, as a newbie I panicked a great deal each time Bitcoin dumped and then I would read some veterans calling for users to buy in. I was like what the heck were those guys talking about. I'm sure, newbies reading members calling for people to buy Bitcoin now that it's dumping will also be expressing the kind of shock and disdain I expressed a few years ago on this. These hodlers buying now are experienced Bitcoiners and that informs why they aren't moved by the current dump.

Bitcoin seems to be in the accumulation phase now as the price is hovering between 18K-22K for the last few weeks. Those who know about the bitcoin potential, they are buying at every dip. If you are long term investor, forget about the fear which is being spread about the bitcoin price dump and keep on buying/holding bitcoin.

Weak hands will never be totally successful and profitable because their mindset are only limited, and they easily quit and panic every time the market crashes. In the end, they only sell for a loss that made them become poorer. While those strong hands and big whales in the market are just waiting for good opportunities to take advantage, and buying bitcoin at a very discounted price will always be their most awaited moment to store a lot of bitcoin and hold them for long term.

For any investor looking to invest for the long term, this is the right opportunity to invest and wait for the long term. Yes there are doubts looming in the market surrounding the proposed taxations and new laws in the crypto space and expected regulations and the overall economic situation is not that great but still any bear market is the best time to invest.

People who have not stopped buying bitcoin even at the very bearish market are those who have long term investment plan, and that they have seen it already that long term hodling of bitcoin will create them big winners in the market. So it's not surprising that bitcoin hodlers are still taking every chances in this bear market and even do DCA so they can't miss every dropping prices for bitcoin. The market bull run may still be uncertain as to when its going to happen, but rest assured that we will witness that after the bearish market is over.

i know vividly that investors who is holding bitcoin and who is purchasing more now is long term investors, which their is every tendency their budget and strategic plans is to hold coin for some intervals of time before selling and their objectives is for crypto to reach certain level and exactly bullish before selling. Which anyone who have no courage or experienced will not the purpose of purchasing during the frame of bearish and hold for long period

^ That is definitely right and it was proven and tested by the country of El Salvador, they invested during the dip even though they know how investing in BTC is risky. BTC investment has always guaranteed to make a profit and as BTC enthusiasts, they know that this will happen at the right time, and now is the right time to invest while the market was in a correction. But I hate people who keep talking about BTC when the price is up but when it is on the dip they keep rejecting it, they always have doubt on it.

They need to do that because they represent bitcoin as they are the first country that made btc as a legal tender. When they show their receipt that they are buying loads of btc during this bearish market, it then gives an encouragement or confidence for others to do the same thing but no, btc can't guarantee us a profit because it was volatile and as we can see we are now in a bear where people are now losing a big percentage of their investment.

Up or down, there will always be a talk about bitcoin because it was the most popular crypto, while it is true that there are people that are more confident to invest when btc is rising. Well that was their strategy. We can't do much anything about it.

It’s a no brainer, for anyone who can afford to Buy Bitcoin right now to accumulate more, at some point Bitcoin always offers another chance to enthusiast and holders to scoop More Bitcoin at a lower price, it’s always going to be a big win, i really don’t understand the orientation that those selling their Bitcoin right now have, and if it’s not to complete lose then I don’t think Bitcoin investment should be on their agenda in future.

That graphic don't directly say people buy Bitcoin but rather more addresses have >1 Bitcoin. That could also mean people split their coins etc. You know it's risky to hold all Bitcoin in same address.
I believe real Bitcoin investors buy more coins in times like this as price is low and hype is gone. As most of you I also use strategy to accumulate Bitcoin weekly or monthly, I don't feel comfortable staying in fiat money. I'm pretty sure a lot of people think same here and best way to be protected from inflation is collecting more Bitcoin.

No doubt buying now or lower will be the winner at this point, I think it does offer a good opportunity to buy more as much as possible like what I said because otherwise, this moment won't last forever but we have to think ahead how can bitcoin soar high, don't ever be a regret like before, we know difficult situations make us nervous because we are afraid to go down again, but if we think badly it will make it difficult for us to buy now.
My principle is not to sell now even if I panic, I will continue to buy at the right time.

Most important to think about is if you run out of talent.

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I have the cheese pops and the beers.

What talent you may ask? (I switch to hodl from here. provides more freedom).

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Take a look at bitcoin rainbow chart and believe trend.

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You will not get insurance cheaper than that. Not a bot.

Apart from the obvious the chart is presenting, which is the possible increased accumulation of Bitcoin, it also shows that people are confident in Bitcoin's recovery in the future, which is definitely positive. I wish the condition wasn't that bad, because I'd buy too, but due to the economic recession and uncertainty we're currently going through, I can't afford to use much, if any, of my salary for investments.

Not only according to charts the value of the bitcoin will rise but also many big institutes like Deutsche Bank and investors have anticipated the rise in the bitcoin value. I am optimistic about the future of bitcoin.

I think this is exactly what wise people do. Wise people will take the advantage of the market movements and buy or sell just at the correct time. It does not take years of experience to develop this wisdom, but simple application of basic knowledge and presence of mind.

Of course, but to be wise one must have knowledge and experience as well as mental readiness and good capital as well. Indeed many people seem to say something easily but it is difficult to prove it because the market is never what we imagine forever. Sometimes it goes down even though the fundamentals are good, but on the other hand it can go up even if there is only the slightest trigger.

Recently the market has been on the upswing and that has added to a lot of traders' optimism about the possibility of a break of higher resistance. $25K was on the verge of breaking out but now I see a slight correction there allowing traders to buy. But in the long term, you have to stay patient and don't be swayed by this small swing because it's still not half of ATH.