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Author Topic: IS HOLDING TRULY THE SOLUTION TO DROP OF BTC PRICE?  (Read 1855 times)
Ezenwanyi
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October 20, 2018, 07:35:57 PM
 #101

Actually holding has its effect on the price of bitcoin, although it has not been proven.
But I believe that if more investors/traders would agree to hold their portfolios without rushing to dump below their buy rate ....it could impact positively on the market.

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SventraPapere
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October 20, 2018, 07:38:35 PM
 #102

That's right, I agree with you.To raise the price, we need to buy and attract a new audience to buy.And also need more purchases using bitcoin.It is necessary to advertise and promote this currency as much as possible.And of course we have to stick together.More positive actions and experience on the stock exchange.

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October 20, 2018, 09:20:27 PM
 #103

Well, I understand your confusion. What you should know is that every market is relies on an economic principle of supply and demand. When demand increases, price rises and vice versa. Applying this to Btc, when more people hodl than they sell, the demand for Btc will go up and that will have effect on the price, right

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October 20, 2018, 09:36:39 PM
 #104

I don't think we should worry about that. People will really buy and sell bitcoin all the time. Yes, and we are also not going to hold bitcoin indefinitely, and once we still have to sell it.

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October 20, 2018, 09:46:42 PM
 #105

People fail to understand the simple basic of economics, demand and supply are the major market driving factors. When demand exceed supply price increase is eminent and when the supply exceed demand price reduction occurs. So we can't expect bitcoin to rice if there is actually no supply.
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October 20, 2018, 09:58:01 PM
 #106

Nevertheless, now it is better to really refrain from selling bitcoin. It is still very unstable, and it is better to strengthen it with the help of your investment. But the time will come, and we will be able to actively use it as a currency, and then few people will just keep it as a long-term perspective.


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October 20, 2018, 10:14:58 PM
 #107

Transactions with bitcoins will always continue to be made, this happens even now, when the prices of the crypto currency have fallen and the moment for the sale is very unprofitable. So we can not worry.

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October 21, 2018, 12:40:09 AM
 #108

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.

Hodling helping to reduce supply in market. Like others commodities, supply and demand determining price. I am believe if more people hodl their coin, bitcoin price increase, because bitcoin is good long term investment
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October 21, 2018, 12:56:47 AM
 #109

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.

No, don't just hodl. To increase the price of bitcoin (or any crypto) you have to use it and trade it. Nothing will happen if you just hodl. This will only get a low market volume thus making the value low because investor don't like to buy a low volume. If you look at the graph, price go up when there's high trading volume (pumping/FOMO can cause this) and there's a low price when people started to dump and no one is buying (FUD,dumping). So use and trade smartly your crypto don't just hodl it.

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October 21, 2018, 01:20:56 AM
 #110

Holding is one of the best ways aside Tethering(USDT)  to deal with bear markets when the weak hands begin to sell off their valuable coins for cheap prices. Crypto requires patience sometimes because the market does not have a smooth path of upward motion. There are periods the market goes red, however, it is certain that the market always recover.
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October 21, 2018, 02:06:16 AM
 #111

I think that makes sense regarding the price movement of bitcoin. Basically, its market value depends on the demand of the people and that is when they buy bitcoin or sell their bitcoin holdings. But when everyone will hold and no one will sell, the volume will only have the buying transaction which will cause the price to spike.
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October 21, 2018, 02:32:39 AM
 #112

I think that makes sense regarding the price movement of bitcoin. Basically, its market value depends on the demand of the people and that is when they buy bitcoin or sell their bitcoin holdings. But when everyone will hold and no one will sell, the volume will only have the buying transaction which will cause the price to spike.

But if everyone is holding then eventually there would be someone that would sell and if he is a big holder then some would panic and sell as well which would cause a big red candle. I think the solution would be to make people be aware of bitcoin and then increase its demand. The key would be to make people use bitcoin as a currency so that transactions would continue to flow and volume would still be there. It would help in making the merchants consider in adopting it.

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supermine
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October 21, 2018, 04:09:29 AM
 #113

Yes,if you are about the bitcoin price then holding can be the best option to save ourselves from loss or you can just sell at the beginning of price drops then buy when the prices starts to recover which is the most profitable option that is why everyone is trying to do that but it is not easy as it looks like because we never know when the price drops or increase until it became happened.
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October 21, 2018, 04:12:10 AM
 #114

I agree- we can only HODL for so long. Even though others say we really do not lose anything as these are merely paper losses, we still lose somehow brought about by time and missed opportunities. Especially when you know you could have used the money you have invested here into something more income-generating.

I believe that to be really accepted in the market, cryptos should have the ability to stay as it is or boost even higher although the people who are into it may either be HODLING or selling, in which case, it is mimicking the strength of traditional currencies. This scenario will make it even more popular to those who have not encountered cryptocurrencies yet as of writing.
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October 21, 2018, 04:26:46 AM
 #115

I think so, as I understand holding bitcoin make its market value price become low. If we don't sale or buy bitcoin (as we call it cycle of digital money) the market price will goes down gradually. I don't think it is a bad idea to hold for a long time.
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October 21, 2018, 04:32:16 AM
 #116

Noo it think HOLD bitcoin cant make bitcoin price pump, a reasonable reason the price of bitcoin can go up is if so many request buy. Even if you HOLD it very long time but there was no request buy, still useless. So its is about the transaction not about hold
Indeed holding does not make the price of bitcoin pump, there is absolutely no connection. People who hold their bitcoin are just waiting for the right time until the price of bitcoin goes up and then sell it. I think holding is a good idea to make a small profit when btc prices are down.

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October 21, 2018, 04:48:18 AM
 #117

I think so, when the market drops, the best thing to do is holding, and I have the principle that hold for profit is better and more profitable than cut loss. I'm sure with patience we will get a big profit.

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October 21, 2018, 05:05:24 AM
 #118

Noo it think HOLD bitcoin cant make bitcoin price pump, a reasonable reason the price of bitcoin can go up is if so many request buy. Even if you HOLD it very long time but there was no request buy, still useless. So its is about the transaction not about hold
Indeed holding does not make the price of bitcoin pump, there is absolutely no connection. People who hold their bitcoin are just waiting for the right time until the price of bitcoin goes up and then sell it. I think holding is a good idea to make a small profit when btc prices are down.
I believe holding is one of the most effective strategies when market is not at its best. When price fluctuates it's best to hold and be patient until it will recover. In this way it can help reduce the level of risks and huge losses.
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October 21, 2018, 05:09:31 AM
 #119

I personally do not understand about the up and down of bitcoin price, I read some articles that mostly say the price of bitcoin is influence by the holders itself, it means that the holder of bitcoin has crucial role about the market price. However, it has been for about a year the price movement of bitcoin tends to stay on that price, there is no significant of change of its price. Does it mean all holders are keeping safe bitcoin on their wallet?
I can't imagine if all holder are holding their coins, it must be so high the price of bitcoin.

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October 21, 2018, 05:17:45 AM
 #120

if in my opinion and what I doubt now. I prefer to sell it bro. for short-term investments. With short-term investments I can get a little at a time. to meet daily needs
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