You are not alone, my friend is experiencing a loss, all of you are experiencing it at this time. Currently the market is being corrected maybe, when the market is correcting it's a sign of a healthy market. although there was some negative news such as those coming from China, USA and Elon's tweet that sent the market out of control. but I guess, we're used to this aren't we  ? rest assured the market will return to green and return to glory, it just takes time to wait for the right time |
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What do you feel is best to do when holding a coin,
if I'm in the state when holding the coin Of course, I hope to get as much profit as possible, at least it has limitations, among others upper limit, when we increase the profit in the new ATH . the middle where we take 30-50% profit from our initial capital modal and below, selling assets with just a break in this situation can be in a panic condition for shitcoins for large tokens it rarely happens just my opini  |
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there are several reasons why millionaires don't want to know bitcoin, most likely the millionaire is already satisfied with his wealth, and doesn't want to be too bothered by trading crypto money
if Donald Trump hates Bitcoin because he thinks Bitcoin has the potential to damage the US dollar but it doesn't and in fact Bitcoin can be a great economic balancer for poor countries and the current pandemic
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news that overlaps badness and loss, not to mention the always negative public opinion about bitcoin maybe that's the cause of bitcoin sluggish to trade, and the whales are sluggish to trade, rest assured that bitcoin friends will never die, enjoy the journey of bitcoin reaching 100k$
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When is that, when someone says "hodl"?
when the coins we hold experience an increase of 10 -20% from the initial purchase of the tokens we have and we want a 100% profit from the tokens ( meaning hold in my opinion )
Is it a savings plan?
Yes, for me, hold is my planned future savings, up to a maximum ATH of one coin that I have
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my belief that bitcoin will never become a global currency that replaces all fiat currencies and is used every day to buy daily necessities.
but my strongest belief is that bitcoin can change my life in the future by saving bitcoins
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You can send it to anyone in the world - why would people want Bitcoin when you cannot use it to purchase in many stores? Plus ii takes too long for 1 transaction to go through.
indeed bitcoin can not be used by many shops, but if communication is held maybe one store will accept bitcoin as payment, the reason I keep bitcoins only as my long-term asset, and without being taxed (I'm not a tax-abiding person) and also if I save in the bank my money will be deducted by whatever fees, but I keep my money in bitcoin and other alts still without tax every month, it's just that it takes patience if the value we have is reduced to the initial price |
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Bitcoin's drop from 65k to $30k is one of the best things that has ever happened.
yes you are right, best for a holder, and bad for beginners who are new to crypto, where they are tempted to profit reaching hundreds of millions without knowing the storyline from when a btc holder wins profits, |
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hold in crypto must be mentally prepared, because if you are not ready it can lead to madness, what else if we bought bitcoin at 50k$ yesterday, maybe for beginners it will be very deep thinking when to reach new ATH, because bitcoin is currently still at 35-40k $ for highest price. for old players the price goes down and up is normal.
"hold is the winner"
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Coca-cola was pretty good when they were paying him, now that he doesn't receive checks from them he drinks water. Wait till Pepsi bribes him with a few million!
hypocrisy will always be everywhere, right you said. let's see 1-2 years in the future if Pepsi buys his royalties, he will drink soda again, For bitcoin, I think it's enough that Elon has made the price oscillate and the negative news has become even more cloudy . . . . . . . . . . . . . . . . . . . . . . . |
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I think the "EM" tweet is no longer valid for bitcoin CS owner after he played the market by revoking his decision to buy Tesla with bitcoin, yesterday seeing new tweet but that the impact was smaller than his first few tweets,
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I’ve been reading up on bitcoin and saw that Tim Draper estimates the price will hit 250k in 2022. I honestly could never afford a ton of bitcoin even now at 37k but I could afford three. It would be a lot of my savings, not all, but a majority. Is it worth it to spend almost 111 thousand dollars buying three bitcoin? Will it make me back a substantial amount more money? Please help!
if want get 250k$ for profit from ur btc .you will get a very extraordinary profit . but not in the near future as you want in 2022, so invest according to your ability, because investing in bitcoin requires patience, to get maximum profit, like you said you would sell bitcoin at the price of 250k $ you take a long time maybe 20 years or even more can't in a short time, |
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Francisco Blanch has made some interesting statements with the idea that he wants to destroy bitcoin, which has provoked bitcoin fans! He has said that bitcoin as a wealth is not suitable for storage and is even weaker in financial transactions than people think.It is only able to process 1,400 transactions per hour, while the visa is processed with 236 million transactions.Francisco Blanch also considers bitcoin biodegradable due to its high energy consumption! What do you think about it? Source: https://cointelegraph.com/news/bank-of-america-analyst-slams-bitcoin-buying-1-btc-is-like-owning-60-cars1 btc is not for 60 cars i guess 1 btc can only be used to buy 1-2 cars in my country, it was priced at BTC 60k $ yesterday, where do you live OP? very cheap if you can buy 60 cars with 1 BTC  |
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Paying for some small and low value crypto for now, is not the happiest option. The problem may be in high fees or long confirmation times, but we cannot deny that bitcoin does have high transaction fees compared to other coins. The reason for this is that the bitcoin community has increased too much and this is causing a huge traffic of transactions.
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Now we can make transaction at 5gwie under Ethereum blockchain. Hoping that it will continue and not go back again to a very high gas fee. Many people still use Ethereum even it has a lot of competitors. These development in ETH transaction fees will help to attract again many people to trust and use Ethereum.
We all wanted a fair transaction cost. I do believe that small altcoins holders are the most affected during the high gas transaction fee. We cannot afford to do transaction due to not enough Eth to execute our plan to sell the token rewards. We all trust and looking forward for Ethereum to maintain low gas fee(we hope). good news gas costs now only 2$ and even then it's fast, when costs are low like this I immediately send all my tokens worth to an exchange that supports it, |
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for me as long as the money for investment goes to bitcoin and other altcoins from our hard work and we get it not from gambling, cheating I think it's just because our intention is to make a profit, like we save in a bank and get interest per month just my opini |
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I think bitcoin deserves to be adopted as a means of global payment, but from the point of view of its existence it is unlikely to be realized in the near future, only the Tesla company accepts bitcoin at this time
it takes step by step so that everything is realized and perfect
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Bitcoin is huge growth, a big price correction in that year is not without predecent (ie 2013).
BTC still primed to go to 100k by EOY 🚀
100k is very possible but for the near future I don't think it can be achieved where like previous years when bitcoin will go up without brakes there is bad news about it, from one country to another, until the tweet of an Elon Musk can be used as a decision where btc goes up and down , when he said hold/buy bitcoin back btc will up |
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the hype created by Elon Musk, there is nothing for now he just did the fundamental analysis but didn't think twice before making the decision
Elon rich people in the world maybe or I don't know, looking at the way He talks on social media lately it can be seen His intention, is to try to make people believe in him again, and He seems to be checking his popularity and attractiveness from people around the crypto community and now with his Posts
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price is not a benchmark if you want to do business and make a profit, any price if you accept risk is not a problem either
The main problem for everyone is the INTENTION / DESIRE to change their own life, which is good or bad for each person
and we as outsiders cannot insult everyone's decision to buy or not bitcoin and other altcoins
and it's never too late if you want to invest
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