This is something people (mostly newbies probably) seem to forget. Nothing is permanent and BTC will recover. It's not the first crypto winter and certainly not the last. Life is made of ups and downs. People think they lose money so they sell for crappy fiat. They actually lose when they sell and buy the crappy fiat. Look at inflation, it kills your fiat money every day. 1 BTC is still 1 BTC no matter the price. It's the best warranty for your future. There is no pension that will ever give you that. Think long term. Do you want a financial secured life? HODLing is the best thing to do
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Chill out everyone. Even if BTC will go down to $10,000, remember everything is temporary and there are only 19M coins available. Let the chickens run and be poor. You just HODL and one day you will reap the benefits
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Very good. Musk destroyed Dogecoin and turned it into his toy, made it a garbage coin. I'm happy that someone is actually doing something about it. Musk is only a manipulator and I wouldn't trust that snake about anything. Look what he is doing with Twitter. If he buys Twitter he will turn it into his playing ground promoting his toys and promising people "free speech"; give me a break. People already have free speech they don't need a platform for that. He will only get richer and more narcissistic.
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Yeah, imagine when BTC will crash from $200,000 to $100,000: run for your lives, sell everything and forget about it Such drama in this world. This is why HODLing and relaxing is the best way to handle these things. 1 BTC = 1 BTC even in 2140.
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You talk about the ATHs after they pass. It's easy to judge after the ATHs have passed: "Why haven't you sold??" But are you able to recognize the ATH when it takes place? Are you able to figure it out? Many sold BTC for nothing then price tripled. It's easy to discuss after. That's why HODLing and cashing out ONLY when YOU feel it's time to do it is the safest bet. BTC at 65k seemed low for me and haven't rushed cashing out because I know BTC's true potential. In my opinion BTC's value is somewhere in the $xxx,xxx range and could even reach $1,xxx,xxx at some point. And no, I'm not about the $100k psychological price. Probably many will sell at that point.
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I see some people were very "bothered" why some of us decided to never sell even at an all time high. I remind them that everyone is free to decide regarding his own finances. If the move was wise or not it's something that time will decide. If you want to HODL then do it and do it as long as you want to; you don't need to justify yourself; if you want to sell, go on and sell, the whales are waiting for a bite.
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HODLing since 2013, never sold a satoshi. The storm will pass and one day we will see BTC above $1xx,xxx . Good things come to those who wait. Losers deserve buying crappy fiat: money without long-term value backed by the banks. BTC is being too nice to the people: offering them so many buying opportunities yet they don't see them. Let them stay poor.
Hate to break it to you, if you never sold any, you never made a profit. Paper gains are not real gains, as real gains or losses only happen when you click sell. So it does not matter if you own millions of dollars worth of bitcoin, if you are never going to sell, you are poorer than those that do lock in a profit every now and again. There is an old saying, if you don't use it, you lose it. You are wrong. It is true that we will not be profitable if we just hold them and never sell them. Here he is saying he is waiting for bitcoin to hit $100k or higher then he will sell them and that is his target and I don't see anything wrong here. You will be a failure if you do not have a clear goal in investing. $100k isn't really a hard target for bitcoin, he held and didn't sell any bitcoins which was a very smart choice. Some people like quick profits. I'm in for the long run because I know BTC's potential. I also know how poor fiat is. I'd never invest in crappy fiat. I base my decisions on this and I know I'll reap the profits when it's time to. I never said I'll never cash out, but it will be a small percent at a time, as I said, I know BTC's potential. Crappy fiat will remain crappy fiat.
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HODLing since 2013, never sold a satoshi. The storm will pass and one day we will see BTC above $1xx,xxx . Good things come to those who wait. Losers deserve buying crappy fiat: money without long-term value backed by the banks. BTC is being too nice to the people: offering them so many buying opportunities yet they don't see them. Let them stay poor.
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We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!
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So what. The prices are not set in stone. One day it will go back to $65,000 and beyond. People are making such a drama out of this. Relax and enjoy the ride. The world we live in is so dramatic lately. 1 BTC = 1 BTC.
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1 BTC = 1 BTC. We will hit $100,000 in no time. Time is short in the crypto world. Just HODL and enjoy the ride.
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While this is of course true I think it’s important to note that there are many more differences when it comes to comparing bitcoin and gold. Personally I can’t stand this comparison and don’t understand why so many people are so quick to compare the two. Gold is a physical asset, a metal, and used for a lot more things than bitcoin is, such as use in cars, electronics, jewelry etc.
To be honest jewelries are the only real usage I see for gold myself. I suppose we can't wear a BTC as a necklace.
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244,000 metric tons of gold has been discovered to date, 55,000 tons of gold are left.
But there is still a lot of gold left in the universe. There is gold on asteroids for example. One day these will be minable. So the gold supply is not as limited as some may think.
However, gold is hard to move around, weighs a lot, it's hard to sell or buy, it's not practicable.
With BTC it's another story. We all know there are only 21,000,000 coins and 3-4 millions are already lost forever.
There is no Bitcoin in the whole Universe, except on Planet Earth.
BTC is scarcer than gold. I think one day 1 BTC will enter the $xxx,xxx zone then the $x,xxx,xxx HODL BTC
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No need to put your eggs in more baskets. There is only one true coin out there: BTC. Invest and HODL. Easy recipe for success. The rest are s*itcoins and they will all end sooner or later.
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Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited.
But it seems to me that 1 USD will also always equal 1 USD... but I support 100% that fiat is inflationary That's the trick, 1 USD is never equal to 1 USD. It applies to all fiat.
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I don't need any coping strategies. I simply know Bitcoin's potential in the long run. I'm not a "live for the moment" kind of person. I look into the future and BTC is the future of money. Easy peasy.
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yeah that true but where is the bottom to this $hit show we are currently at 27000 for bitcoin. I am no TA expert at all but i ve heard the next support is somewhere between 20000-21000.
It doesn't matter. You can still HODL at $10,000 like you do at $20,000. Everything is temporary in life, so are these dips.
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway.
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Who cares about Elon Musk. I never did. 1 BTC is still 1 BTC. This will pass and BTC will rise again. Actually it will exist long after us. Even if it will go down to $10,000 it will rise again. Not all people are scared like chickens when it comes to BTC. You only lose if you sell. Easy math. As for Doge, it turned to a s*itcoin anyway thanks to Mr. Musk.
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To make things clear for everyone, I'm not a rich person, probably most of you here are having a much higher revenue. I'm just very determined because I know BTC's potential and BTC is the last thing I'd touch. It's a difference between being rich and being perseverant.
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