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September 22, 2018, 11:07:27 AM |
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I mostly see a lot of post skirting about the issue of decrease in bitcoin market price by saying hodl, hodl of which i mostly do not get them. Assuming we all decide to hodl without any transaction that means with time btc will drain and what will be the essence of the coin. We should always be a family to embrace the state of price no matter what and ensure buying and selling in order to at least have a significant effect on market price. I hodl, you hodl and we all hodl and btc will drain just like that.
Drain of Bitcoin will never happen because it is actively traded in all platforms. The only thing that happen if majority of holder will hold their bitcoin is the increase of value in the market. But it will not happen that the market will drain with Bitcoin because if Bitcoin will increase, there is always a person that take the opportunity to get profit by and sell it.
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Larva14
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September 22, 2018, 11:25:13 AM |
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I mostly see a lot of post skirting about the issue of decrease in bitcoin market price by saying hodl, hodl of which i mostly do not get them. Assuming we all decide to hodl without any transaction that means with time btc will drain and what will be the essence of the coin. We should always be a family to embrace the state of price no matter what and ensure buying and selling in order to at least have a significant effect on market price. I hodl, you hodl and we all hodl and btc will drain just like that.
We have different thoughts about this , but I do believe that it is the solution. We can avoid the loss of money if we choose to hold. Because some people who choose to sell their bitcoin regret it now , they say that it will be better if they hold.
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znation
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September 22, 2018, 12:08:51 PM |
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If you buy bitcoin or altcoin at medium price and wait for the price increase to sell profit but it drops down you can not sell because of capital loss. So nobody sells at a low price and Hold is right to minimize risk.
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Linda Joshua
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September 27, 2018, 11:42:40 AM |
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I think hold is one of the ways to invest in Bitcoin and not everyone who invests in Bitcoin will use it this way, so your concern will not happen. There are many investors who use the trading method and many investors only participate in a few times, so the trading will continue to occur.
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rosemary4u
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September 27, 2018, 12:12:27 PM |
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It is complicated, but I believe the hodl approach is good to uphold the great value of bitcoin.Bitcoin is the mother of all cryptoccurrencies hence it is really cool to hodl some always as the prices of the other cryptos depends on the price of bitcoin. Bitcoin looks great to keep.
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Vladislav2306
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September 27, 2018, 12:21:02 PM |
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Every person can't hodl BTC. The most profitable behavior is trading. Lot of people use it, and get much more profit than holders. Because of that your idea is unreal.
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Yantoaja
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September 27, 2018, 12:29:11 PM |
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I mostly see a lot of post skirting about the issue of decrease in bitcoin market price by saying hodl, hodl of which i mostly do not get them. Assuming we all decide to hodl without any transaction that means with time btc will drain and what will be the essence of the coin. We should always be a family to embrace the state of price no matter what and ensure buying and selling in order to at least have a significant effect on market price. I hodl, you hodl and we all hodl and btc will drain just like that.
Hold is not the only solution to reduce your losses, you can do average down if prices continue to fall, to minimize risk, but if you feel the price has gone down far from the forecast, do cutloss, because in the future we do not know what will happen, it could be prices continue to fall to the lowest point
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drm
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September 27, 2018, 12:35:33 PM |
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The thing is many miners don't/can't hold and need to offset their mining costs. So there will always be some kind of sell pressure.
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xindoa
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September 27, 2018, 12:36:39 PM |
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holding bitcoin is not the solutions. if you want gains then it is. we need new money to enter the crypto world and adoption of the tech to get bitcoin to rise again. its a gamble game right now. anything can happen it can drop to a new low or rise to a new high but i wont happen this year imo
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cutecute
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September 27, 2018, 12:37:51 PM |
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I mostly see a lot of post skirting about the issue of decrease in bitcoin market price by saying hodl, hodl of which i mostly do not get them. Assuming we all decide to hodl without any transaction that means with time btc will drain and what will be the essence of the coin. We should always be a family to embrace the state of price no matter what and ensure buying and selling in order to at least have a significant effect on market price. I hodl, you hodl and we all hodl and btc will drain just like that.
For me holding is not the solution to drop the price of bitcoin. The market is the one that is responsible for the price of bitcoin.
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Bessta
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September 27, 2018, 12:58:05 PM |
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Holding can affect btc price but it will not completely drop the btc price. Drop and rise in btc price largely depend on the market community transactions including positive and negative issues being faced by bitcoin and alts.
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Kasliono
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September 30, 2018, 02:12:46 AM |
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The answer is yes, When all of us togather to hold our bitcoin, then the new investor cannot buy bitcoin with lower prices. We should never sell our bitcoin for lower prices, then the prices of bitcoin will stop decreasing and start to increase again. Also, never do panik sell, when the prices is going down, we should hold more tight.
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MartinAK
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October 20, 2018, 12:09:51 PM |
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That is not all it takes to solve the issue of drop in prices. There is still transactions ongoing and people are selling and buying but yet there price of btc has been quite stable for a while. I believe sooner than later thing's will be better.
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emberbekas
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October 20, 2018, 12:33:40 PM |
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If most people hold their bitcoin, then the sell order in the market will be decreased and soon or later people who needs bitcoins will offer good prices to get what they want which means the price can up slowly. That is what on my mind.
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Ubay82
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October 20, 2018, 12:49:08 PM |
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If we want to look at the macro, in fact the correction in prices which reaches more than 50% of its highest value, which is under 130 million from 260 million, is arguably reasonable.
Why, why is that fair? That reduction is already crazy!
Relax, in my opinion there is a scientific explanation. This is a friend,
First, Cryptocurrency is looking for "fairness". All products, whether property, gold, stocks, bonds, and others always have a fair value, and investors have a different approach to determine that point.
Bitcoin and other cryptocurrency are the same.
Currently, almost all investors in the world judge that the price of Bitcoin is too high compared to the benefits received. Why is that?
The reason is easy, the majority of the government is still not "interested" and the fear of the global financial industry will be the growth of the digital currency. As a result, the growth of merchants receiving digital currencies has not increased as expected.
Remember, unreached expectations will discourage investors from adding to their portfolios.
While the second, panic of traders and speculators.
If you want to spend a little time analyzing a chart, it will appear that Bitcoin is entering a bearish phase. This phase shows traders are panicking to determine whether to stay in the market or not, where eventually traders are more inclined to save their fiat money. What for?
Obviously, to buy bitcoin and other digital currencies at the lowest possible price. Thus their profits will be higher.
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Naughty Princess
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October 20, 2018, 03:52:54 PM |
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If you buy bitcoin or altcoin at medium price and wait for the price increase to sell profit but it drops down you can not sell because of capital loss. So nobody sells at a low price and Hold is right to minimize risk.
I think not only hiding can be a solution for you to help help the market price to rise buy also buying more volume while it is cheaper because the price fall more as many get panic and cut their losses than holding. When price fall more many are getting panic and contribute for price to drop and lose value so we have to take chance to buy for more and gain profit when price recover.
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AjithBtc
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October 20, 2018, 03:57:28 PM |
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Holding of bitcoin is also a reason for the price dumping, but this won't be contributing big. The lack or reduction in the circulation volume of bitcoin caused due to holding is a reason. Most of the time the price fluctuations takes place in large scale same as the present due to the manipulation from large volume bitcoin holders.
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Ciscopro2000
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October 20, 2018, 04:40:21 PM |
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As the supply of bitcoin becomes more scarce, you will see the price if btc rises. There is only 21 millions btc available and millions have already been lost forever. So I believe btc will be even more in demand in the future. Hodling is the way to go with btc.
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virtfund
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October 20, 2018, 05:59:53 PM |
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If you don’t need to your money in a short time, selling your bitcoin for a lower price than you bought without having any idea about the situation of market makes no sense. If people think in this way, it will reduce down pressure. Newbies who have no idea how to trade is easily trapped and lose their money. If you wait for the next bull, you can eliminate your lost even if it takes more than a year. Also, HODL is a proper way for people who would decrease effect of speculations.
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livingfree
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October 20, 2018, 07:33:22 PM |
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Btc won't drain the way you think. That's stopping the flow of supply in the bitcoin economy which will result to decrease its number and by that means, the lesser the supply is in the market, the higher the demand will. There's no other solution to the price drop but to increase its demand through having more buying power. And its destined to increase, halving will come, mainstream adoption is coming and institutional money will come.
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