rosemary4u
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October 29, 2018, 10:13:49 PM |
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Holding of bitcoin is not the solution to bitcoin price dropping but massive selling which is known as dumping can most time cause excessive dropping in price. What can cause dropping or rising in price of bitcoin is the rate of adoption.
I dont think the hodl approach is the only solution to preserve bitcoin's value. Personally, I believe the hodl approach is good to uphold the great value of bitcoin. We can also incorporate bitcoin in our daily business transactions. This is a better way to protect bitcoin from falling and not only the HODL approach. |
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messito
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October 29, 2018, 11:57:05 PM |
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I agree with you that we must be active in the market in order for it to grow and develop but invest in long-term, I think this is also a very good idea
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Kick
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October 30, 2018, 02:48:45 AM |
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I think yes, holding is the solution to drop of bitcoin price. We should hold our bitcoin when the value drops. But there are panic sellers who start selling in the bear market. We can’t control the users and investors of bitcoin. So the best way to do now is to hold bitcoin to increase bitcoin’s price and earn many profits in the future.
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mornabo
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October 30, 2018, 02:59:00 AM |
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I think the solution is to find out why the BTC market is down, if the price drops too sharp then the best option is to hold. and do not panic sell, I also hold my coin because I believe I will make a big profit in the future.
Holding is not the only way and not the main choice, you must first analyze why prices go down and whether prices will continue to falling or not, then if you see there is still potential to go up, you can choose to hold it, but if price will continue to going down, you can think to sell it |
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Ale88
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October 30, 2018, 03:38:13 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.
Holding makes sense in period like this one, if everybody starts selling then the price would drop at a level I don't even want to think about... Of course you're right that if all the people hold the coin is gonna die, it's been made to be used, but this is a different situation. |
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ocim128
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October 30, 2018, 03:42:54 AM |
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Patience from big holder is power to make a potential bitcoin grow up, if market keep fall, hold is good option but buy more is best option
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The Seller
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October 30, 2018, 05:47:22 AM |
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if the price drops too sharp then the best option is to hold back for some time because I see the market will recover after that. if you sell right away then the loss will be great, whales and certain communities want us to panic sales
It is true that those who have large funds will expect us to panic and make it possible to sell the coins we have and this is an opportunity for them to buy cheaply. |
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Akermayya
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October 30, 2018, 06:47:43 AM |
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Many Holders often listen to experienced experts, other Pro Holders to choose a good coin, this one personally think is fine, however, this market is not sure, your money. Should you decide and have your own analysis, if bad luck happens, coin you choose not grow as expected and you have losses then it is "risk" that you suffer. , then you will not have to blame yourself to listen to the other "experts". One more thing that you mentioned a lot, investing in the money market is always risky and you have to determine this from the beginning.
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Staysmelly
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October 30, 2018, 06:54:16 AM |
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Is there anything that could hurt the remaining btc holders? People have lost a big part of their fear, so negative news won't affect people that much anymore. Everything fell into a long wintersleep. And then, suddenly, bam! You wake up, seeing btc hitting 10.000, rising with 200 every minute. > ETF approved
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Prideandprejudice
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October 30, 2018, 06:59:39 AM |
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Is there anything that could hurt the remaining btc holders? People have lost a big part of their fear, so negative news won't affect people that much anymore. Everything fell into a long wintersleep. And then, suddenly, bam! You wake up, seeing btc hitting 10.000, rising with 200 every minute. > ETF approved
Yes, and I can finally upgrade to the medium fry when that happens. |
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Nellayar
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Roobet supporter and player!
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October 30, 2018, 07:12:08 AM |
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4,000,000 Bitcoins which were purchased before 2011 for $100 or $200, will be sold.
Wow! That is really awesome! I believe that if the person hold 4M bitcoins for more than 6 years. He/She already a billionaire person. I think holding of bitcoin does not make the price move down but it will make all prices hike. Buy it before it will goes up! And sure that we will become rich. |
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CryptoSmile
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October 30, 2018, 07:29:30 AM |
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The price of bitcoin is falling, of course we all don't want to suffer losses in the investment that we do. And addressing what is happening to bitcoin at the moment, of course holding is the solution to the current fall in bitcoin prices. Many of the bitcoin holders feel anxious about the current fall in prices, so they are willing to suffer losses in order to avoid the risk of even greater losses. But for me holding is the best step in this investment, because I'm sure prices will rise again some time to come.
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dr.cheema
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October 30, 2018, 07:45:25 AM |
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As we are seeing yesterday prices of cryptocurrencies suddenly start bleeding and weak hands keep selling at low price. Wise investors will buy at this fall and never sell at low price, even yesterday i bought Ethereum when price fell. Hope crypto market will be recover/normal soon. HODL.  |
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sieemma
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October 30, 2018, 09:22:50 PM |
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If everyone is going to hodl, then it is the solution to the drop in btc price but this will never happen in this crypto world because every drop means a gain for someone or a chance for someone to enter and buy more.
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Bessta
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October 30, 2018, 09:42:50 PM |
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I cannot agree more that at this point of bear, holding would really help to avoid btc price decrease more. Let us not allow those new investors to buy our btc at very low price now and earn much later, we should be the one that should reap the fruits of being patient by hodling now.
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jerrison
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October 30, 2018, 09:49:18 PM |
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it is not entirely the solution to drop of btc price but it is one of the essential ways of increasing the price of bitcoin with respect to scarcity. The price of any commodity becomes even more expensive when that commodity is scarce and the available few are sold specifically to increase its value
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faceoff97
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October 30, 2018, 10:54:05 PM |
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on the contrary, HODL has the potential to make BTC prices rise due to limited distribution on the market, coupled with increasing demand will make BTC prices really rise
HODL is usually done if someone wants to be more patient to sell their coins, as much as possible, we must avoid cutloss
People shouLd really learn to hold more regardless of market situation. Holding causes the price rise and This is the only way we could see authentic matket bull run. Wait And buy more as you can afford and let tge price grows as people continue to pay demand on it. If you you'll consider to Hold, better choose an open source software like Hodler wallet this will ensure your funds and allow you to do the holding right way since it has "hold feature" to offer. |
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Joeyvicky
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November 08, 2018, 01:37:50 PM |
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This is not the whole matter of concern to the price of bitcoin and we must first get to know what really causes thee drop in prices and as to why things goes that way but am sure we all aware of the volatility of crypto. Though holding could help but not for a solution of the drop of prices.
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tegarp90
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November 08, 2018, 02:04:45 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.
It's not. Actually selling is what make btc price drops. Selling mean lower demand and if demand go lower the price will go lower also |
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Pan Troglodytes
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November 08, 2018, 02:19:24 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.
I fully agree, this is what I always answer to people stating that bitcoin is not electronic cash anymore, but a store of value instead. What? Don't they realize, that when people stop using bitcoin as electronic cash, then utility for bitcoin vanishes altogether and its utility value is zero? |
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