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Author Topic: I AM HODLING  (Read 2542 times)
Starving_Marvin
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September 14, 2017, 09:58:49 PM
 #41

It makes me laugh when I read all of those "HOLD HOLD HOLD!!1!111!".
BTC price is going down and it will not stop at current 3350$. It will go down much harder.
Everyone with a brain would sell it as price is going down and buy it back once it's low enough (it will go down to 2500$ at least) to get their BTC back and extra 850$/BTC for example. But everyone just spams HOLD, BUY IT NOW ("because I have some $ invested in btc and I want to earn cash").
I have sold all of my coins (around 10), I will buy them back in November. I will get all of my BTC back and extra ~1k$/BTC because of those exchanges. And you - don't forget to HOOOOLD  Grin
There were some people like you who said the same thing before August 1 fork and smart HODLERS didn't listened to them and see how much bitcoin rise by then.I will still say HODL.It's the safest and best option for everyone  Cheesy

I have sold my BTCs once they were ~4k$/ea. I should have done it earlier but well. I could just buy them back now and earn ~$7000 for free but it's still not worth it as I can buy it back in a month and earn ~$15k while "smart holders" will wait for months to get a profit. BTC will go down, no matter if you will hold it or not. BTC= China.

You can't seriously think that China will actually manage to ban bitcoin? Or make Chinese people to stop using BTC? Of course they could but I guess rather that they have some plans for an official exchange that is run by the government. This way they can control the people and see where the money walks much better.

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September 14, 2017, 09:59:11 PM
 #42

It makes me laugh when I read all of those "HOLD HOLD HOLD!!1!111!".
BTC price is going down and it will not stop at current 3350$. It will go down much harder.
Everyone with a brain would sell it as price is going down and buy it back once it's low enough (it will go down to 2500$ at least) to get their BTC back and extra 850$/BTC for example. But everyone just spams HOLD, BUY IT NOW ("because I have some $ invested in btc and I want to earn cash").
I have sold all of my coins (around 10), I will buy them back in November. I will get all of my BTC back and extra ~1k$/BTC because of those exchanges. And you - don't forget to HOOOOLD  Grin
There were some people like you who said the same thing before August 1 fork and smart HODLERS didn't listened to them and see how much bitcoin rise by then.I will still say HODL.It's the safest and best option for everyone  Cheesy

I have sold my BTCs once they were ~4k$/ea. I should have done it earlier but well. I could just buy them back now and earn ~$7000 for free but it's still not worth it as I can buy it back in a month and earn ~$15k while "smart holders" will wait for months to get a profit. BTC will go down, no matter if you will hold it or not. BTC= China.
So go ahead roll your crystal ball and if you are so sure as shit then why not wait 6 months?Clearly according to your speculation it will fall more lol.I am a BTC Hodler from early 2015 and already got a good profit then you did from trading without selling anything.Even if it dumps to 800$ i am in profit.Trading is not the safest option considering exchanges may hold your withdraw/other bad things can happen but HODLing pretty much guarantees a long term profit.  Grin and China is not equal to bitcoin.  Roll Eyes

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September 15, 2017, 12:06:02 PM
 #43

It makes me laugh when I read all of those "HOLD HOLD HOLD!!1!111!".
BTC price is going down and it will not stop at current 3350$. It will go down much harder.
Everyone with a brain would sell it as price is going down and buy it back once it's low enough (it will go down to 2500$ at least) to get their BTC back and extra 850$/BTC for example. But everyone just spams HOLD, BUY IT NOW ("because I have some $ invested in btc and I want to earn cash").
I have sold all of my coins (around 10), I will buy them back in November. I will get all of my BTC back and extra ~1k$/BTC because of those exchanges. And you - don't forget to HOOOOLD  Grin
There were some people like you who said the same thing before August 1 fork and smart HODLERS didn't listened to them and see how much bitcoin rise by then.I will still say HODL.It's the safest and best option for everyone  Cheesy

I have sold my BTCs once they were ~4k$/ea. I should have done it earlier but well. I could just buy them back now and earn ~$7000 for free but it's still not worth it as I can buy it back in a month and earn ~$15k while "smart holders" will wait for months to get a profit. BTC will go down, no matter if you will hold it or not. BTC= China.
So go ahead roll your crystal ball and if you are so sure as shit then why not wait 6 months?Clearly according to your speculation it will fall more lol.I am a BTC Hodler from early 2015 and already got a good profit then you did from trading without selling anything.Even if it dumps to 800$ i am in profit.Trading is not the safest option considering exchanges may hold your withdraw/other bad things can happen but HODLing pretty much guarantees a long term profit.  Grin and China is not equal to bitcoin.  Roll Eyes

Of course you can have profit without selling anything. The thing is you get profit of like 5% of what you could get if you trade BTC the smart way. BTC is already $1k less then when I sold it - $10k profit after ~3 days for me if I bought it back now. But it will crash to $2k or less, I'll wait. Your choice.
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September 15, 2017, 03:39:00 PM
 #44

I read a lot of posts on the forum and in chats from beginners who panicked and sold their coins. They were losing money, but they were still selling. I do not understand why they did this.
Crypto currency must be trusted and bitcoin should not be sold for several years. You need to be prepared for the fact that there will be many more falls

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September 15, 2017, 04:01:18 PM
 #45

Of course you can have profit without selling anything. The thing is you get profit of like 5% of what you could get if you trade BTC the smart way. BTC is already $1k less then when I sold it - $10k profit after ~3 days for me if I bought it back now. But it will crash to $2k or less, I'll wait. Your choice.
Sure keep waiting for 2k$.Won't happen now. price is jumping back up and that's why i prefer hodling.Not everyone here is trader.It's better to HODL and get massive profit over years then to take of risk of loosing it all for quick buck.How loosing it all you may ask? Well you sell big amount of bitcoins and hold USD in exchanges for long and then wait for price to get to 2k$(which will not happen) and then buy back and withdraw bitcoins.It ain't risk free and many shit things can happen in between.Exchanges may do selective scam,exit scam,other stuffs.Better to keep hodling.Get decent returns and sell slow.  Cool

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September 15, 2017, 04:05:20 PM
 #46

I read a lot of posts on the forum and in chats from beginners who panicked and sold their coins. They were losing money, but they were still selling. I do not understand why they did this.
Crypto currency must be trusted and bitcoin should not be sold for several years. You need to be prepared for the fact that there will be many more falls

Noobs always get burnt & end up losing loads of money because they don't have the balls to ride the wave.
I guess they can put it down to character building & maybe pick themselves up & go again

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September 15, 2017, 05:55:40 PM
 #47

I read a lot of posts on the forum and in chats from beginners who panicked and sold their coins. They were losing money, but they were still selling. I do not understand why they did this.
Crypto currency must be trusted and bitcoin should not be sold for several years. You need to be prepared for the fact that there will be many more falls

Noobs always get burnt & end up losing loads of money because they don't have the balls to ride the wave.
I guess they can put it down to character building & maybe pick themselves up & go again

I guess most of the newcomers that sold during this fall were just in it for the easy money and didn't do their homework. Anyone who looks at Bitcoin either from a technical or fundamental perspective knows better than to sell just short of USD 3k,-. A lesson paid is a lesson learned, I guess? But let's see, maybe we're not fully done dropping yet and some of those nubs manage to buy back in at a cheaper price point.

Either way it would be interesting to know how many of the sold coins were arbitraged and not just panic sold. The current price difference looks quite profitable for someone with fiat on Chinese exchanges.
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September 16, 2017, 07:18:45 AM
 #48

I read a lot of posts on the forum and in chats from beginners who panicked and sold their coins. They were losing money, but they were still selling. I do not understand why they did this.
Crypto currency must be trusted and bitcoin should not be sold for several years. You need to be prepared for the fact that there will be many more falls

Noobs always get burnt & end up losing loads of money because they don't have the balls to ride the wave.
I guess they can put it down to character building & maybe pick themselves up & go again

And just like all of you guys are telling, weak hands have been shaken. So once more, a painful lessons for newbies who panic during the crash and instead of hodling and buy, they panic choosing to get out with losses. And now that the price have recovered, newbies are nowhere to be found because you advise them but they didn't listen and now regretting this decision to sold.
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September 16, 2017, 09:25:29 AM
 #49

I read a lot of posts on the forum and in chats from beginners who panicked and sold their coins. They were losing money, but they were still selling. I do not understand why they did this.
Crypto currency must be trusted and bitcoin should not be sold for several years. You need to be prepared for the fact that there will be many more falls

Noobs always get burnt & end up losing loads of money because they don't have the balls to ride the wave.
I guess they can put it down to character building & maybe pick themselves up & go again

And just like all of you guys are telling, weak hands have been shaken. So once more, a painful lessons for newbies who panic during the crash and instead of hodling and buy, they panic choosing to get out with losses. And now that the price have recovered, newbies are nowhere to be found because you advise them but they didn't listen and now regretting this decision to sold.
yes that is right that it is for the second time and those people who have little knowledge about bitcoin, i think that they are now getting good knowledge and experience, i think those people who do not have the courage to hold their bitcoins they again sold their bitcoin in a low price and now again the price is trading above 3800$ and hopefully that the price will continue increasing, so those people who are holding their bitcoin will cover their lost and hopefully that they will be getting a good profit after some time.
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September 16, 2017, 09:53:36 AM
 #50

You mean holding?
yeah of course i'm currently holding bitcoin that i have and continue keep be patient waiting for bitcoin prices can rising much higher than now. And that's sure to happening, and i don't think my holding will not vain because it's there are has predicted bitcoin price definitely will soaring again in the next month.
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September 16, 2017, 10:04:48 AM
 #51

You mean holding?
yeah of course i'm currently holding bitcoin that i have and continue keep be patient waiting for bitcoin prices can rising much higher than now. And that's sure to happening, and i don't think my holding will not vain because it's there are has predicted bitcoin price definitely will soaring again in the next month.

I have long decided to keep my coins. But sometimes I have a desire to sell them. Especially if I need money. But I'm looking for other ways to make money so as not to sell bitcoin. I believe that soon bitcoin will become very expensive

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September 16, 2017, 10:05:33 AM
 #52

You mean holding?
yeah of course i'm currently holding bitcoin that i have and continue keep be patient waiting for bitcoin prices can rising much higher than now. And that's sure to happening, and i don't think my holding will not vain because it's there are has predicted bitcoin price definitely will soaring again in the next month.

the possibility of bitcoin price spikes is always there at all times, and holding the bitcoin in the wallet can be a good investment especially if done in a relatively long time for example 2 to 3 years ahead will be more profitable of course
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September 16, 2017, 10:07:39 AM
 #53

You mean holding?
yeah of course i'm currently holding bitcoin that i have and continue keep be patient waiting for bitcoin prices can rising much higher than now. And that's sure to happening, and i don't think my holding will not vain because it's there are has predicted bitcoin price definitely will soaring again in the next month.

You mean holding?
yeah of course i'm currently holding bitcoin that i have and continue keep be patient waiting for bitcoin prices can rising much higher than now. And that's sure to happening, and i don't think my holding will not vain because it's there are has predicted bitcoin price definitely will soaring again in the next month.
Already bitcoin has recovered half of its losses and I guess before coming Monday, prices may recover up to $4000+ levels. China's recent regulations on ICOs and crypto exchanges had triggered the down fall but only due to panic most of the traders decided to sell their positions and when they do see prices recovering then they will come back with more investments to restore prices to above $4500 levels.

I am also hodling and I am sure in next 15 days we may see prices to test $6000 levels as part of bitcoin's journey toward $10k levels by December 2017.

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September 16, 2017, 10:17:10 AM
 #54

This will be the right choice, HOLD our breath, don't overwhelmed those FUD news. True, it was overdue, but his comments create FUD, there are a lot of inexperienced people trading this news.

I never seriously considered the ideas. It's just another way for us to lose faith in bitcoin. And that will never happen to me. I only believe in my own choice, in what I study.
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September 16, 2017, 10:20:23 AM
 #55

LOL I hope you keep HODLing bro.
I have bought miners, invested in shitty scams, and lost several BTC in the years before..

I should done the same as you and just hold, made a nice backup of my wallets and just sit warming my BTC until they become hundreds of dollars and an stable asset. I dont know when we gonna get to that point but it will be glorious. mark my words!

Regards!! Cheesy
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September 16, 2017, 12:20:23 PM
 #56

Never really Forget the past of bitcoin, it will surely keeps on rising even if it drops significantly big it will surely go back and more agile than ever, the price back then was significantly low but there are believers in bitcoin that it 1 day rise in a great distant, and let's just say in three more years the price will be at $500,000 mark value.
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September 16, 2017, 05:26:35 PM
 #57

LOL I hope you keep HODLing bro.
I have bought miners, invested in shitty scams, and lost several BTC in the years before..

I should done the same as you and just hold, made a nice backup of my wallets and just sit warming my BTC until they become hundreds of dollars and an stable asset. I dont know when we gonna get to that point but it will be glorious. mark my words!

Regards!! Cheesy

What are you saying. Holding of  is the best thing than trading of new bitcoin. If you had a plan to hold bitcoin so,you should not commit the expenditure with dollar getting from the bitcoin. Of you want to save also.Do this same procedure. If you want to be a successful in bitcoin means, you should hold the bitcoin for long.
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September 17, 2017, 09:29:12 AM
 #58


That post was written when BTC was down by more than 60% from USD 1180,-. Right now we're down by maybe 25%. Will you stay as confident when we drop down to USD 2k,-? Easier said than done! Wink


The money I have invested into cryptos is not needed and I have wrote it off. So any meltdown does not bug me and is also a good training for any kind of stock market meltdown because the majority of my wealth is invested in ETFs. Also there were no events or information published concerning cryptos that would have changed my investment thesis ...
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September 17, 2017, 09:57:07 AM
 #59

Holding is not the best strategy but if you are simply preparing yourself for the long term in case a fiancial collapse happens and a global means of exchange needs to be found or you are an early adopter, then holding is a great strategy.

Right now i think price is going to correct even more in the next few months, perhaps down to $2000 or even under.

However, each halving will bring a new bull market. Even if you bought at the ATH, i would not doubt that you'll still make more than bank interest if you just held your coins till 2021(4 years time). It's just that you're not getting the best deal.

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September 17, 2017, 10:08:20 AM
 #60

Focusing on the long term holding is going to be the best strategy. Each halving has brought at least 3-5x growth in bitcoin price so far and i don't think that slowing down any time soon. There is simply so much potential in bitcoin.

Though if i were you i would definitely sell like half my bitcoins right now for fiat, so that if a market-wide panic happens and people start dumping you do have some purchasing power to accumulate.

I see the bottom for the next few years till the next halving to be $1000-1500, somewhere like that. If you hold all the time, then you can't take advantage of this low to buy into new coins if you know what i mean. Though price of bitcoin shouldn't drop too significantly this month, correction has already happened and markets seem to be recovering rn.

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