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Author Topic: Don't be discouraged! Keep holding.  (Read 3523 times)
omonuyak (OP)
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August 18, 2018, 10:20:32 AM
 #1

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 
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August 18, 2018, 10:38:23 AM
 #2

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 

That is the spirit mate, keep holding it tight until it gives you a profit.
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August 18, 2018, 11:02:18 AM
 #3

We are on the same boat buddy! My holdings is over 80% loss if converted to fiat. I know crypto currency market will rise again so i keep my coin in my wallet. I just leave it at the exchange. I plan to leave there for a year. Maybe its the right decision i take with my capital.
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August 18, 2018, 11:05:51 AM
 #4

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 

That is the spirit mate, keep holding it tight until it gives you a profit.
Thank you for the encouraging words and I really believe that in two to three years to come we would get more profits than those that buy in 2014, bearish market and sold last December.  I am seriously hopeful that we would make money if we can hold and be patience!
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August 18, 2018, 12:06:52 PM
 #5

We are on the same boat buddy! My holdings is over 80% loss if converted to fiat. I know crypto currency market will rise again so i keep my coin in my wallet. I just leave it at the exchange. I plan to leave there for a year. Maybe its the right decision i take with my capital.
It might be a right move of holding your cryptocurrency investments, but it definitely is NOT a right move on leaving them on an exchange, especially for a year. Could possibly be the worst decision you're going to make.

Educate yourself:

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August 18, 2018, 12:13:26 PM
 #6

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 

Amazing, you are the one who is really having the trust over the crypto currency and specifically bitcoin itself. I like your confidence of holding the bitcoin after being in loss by -40% or around. In this market we can see more dumpsters than holders and more panic sellers than holder so this is why you are very much heroic in terms of bets holder.
You should keep up the holding as it is because all your efforts of holding will be paid to you soon. Cheers!  Smiley
New comers should really read this post because then they will understand what it takes to hold!

 
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August 18, 2018, 01:28:06 PM
 #7

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 

That is the spirit mate, keep holding it tight until it gives you a profit.
Thank you for the encouraging words and I really believe that in two to three years to come we would get more profits than those that buy in 2014, bearish market and sold last December.  I am seriously hopeful that we would make money if we can hold and be patience!

Well preferably that's what i would do as well but the amount you've invested at that price should be something that you can let go for a long time. The problem with those that got rekt is that they we're expecting quick and sustained profits, which, as we all know, is not how crypto works.

 
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August 18, 2018, 02:21:53 PM
 #8

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 

This is only smart move you can do now, if you decide to sell you will have nothing then big loss. If you invest only some extra money, and amount that you can afford to lose it is possible that one day you will see some profit from your investment. Problem is that many people invest money they need for daily life, they take bank loans or even sold houses to invest - for them holding is not smart option.

I do not know is this person still hold his BTC, but his target is 100 000$/BTC - I am sure to him and his family is not easy to watch today price, even he bought at this level or lower, or they are just enjoy life and waiting 2020 Smiley

https://www.businessinsider.com/didi-taihuttu-sold-everything-for-bitcoin-fans-2017-12

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August 18, 2018, 02:25:06 PM
 #9

There is many other way around making good money with cryptocurrency.  But the sure and tested way to making good money in the long run is to hold your coin till maturity so that you can get deserving value for your coin.  Holding is still the best strategy in cryptocurrency trading!

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August 18, 2018, 02:27:58 PM
 #10

Frustration is one of the complicated factors to maintain. The market is unsettled, and people are afraid of their investments and make them think of negative trends. Doing many other things will help you make more long-term profits than short-term losses.

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August 18, 2018, 02:33:04 PM
 #11

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 

Of course you should hold your bitcoin because for now you will have no profit if you sell it. But for you to fully utilize the profitability of your Bitcoin, you should also buy some more and hold to have much bigger gain in the future.

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August 18, 2018, 03:05:45 PM
Last edit: August 18, 2018, 03:57:56 PM by Binugon
 #12

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come.  

Keep going until the price of Bitcoin rises very high, because from what I read, many experts predict that the price of Bitcoin will be very high, because maybe seen in the past year, Bitcoin experienced a very high price increase, so experts predict Bitcoin will experience the same thing next year, most people worry that Bitcoin will experience Bubble.
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August 18, 2018, 03:12:46 PM
 #13

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 
Sounds like you're saying this just to calm yourself down since you bought at a high price  Grin

Tbh, only the newbies who can't understand how this market works are the ones getting discouraged by such low prices. If anything this is the pefect time to increase your holdings and buy cheap coins, especially if you're planning to hodl for the long-term, chances are that the btc price will go past its last ATH in the next few of years.

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August 18, 2018, 03:18:05 PM
 #14

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 

Much appreciated fellow. Keep hold the funds for long time mate. I bought bitcoin will reach 20k USD also end of this year. People who have fear can be goes to lose their investment.
Currently I would like to invest on the Bitcoin but little bit out of cash. Hope I hold my signature earnings and project work buddy.
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August 18, 2018, 03:28:31 PM
 #15

There are better times to buy than others. That's why the whales manipulate the market and force inexperienced traders to panic sell, and they buy at the bottom, and sell at the top.
If you are hodling a top currency like bitcoin, or Ethereum, the best strategy is to keep holding.

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August 18, 2018, 03:51:44 PM
 #16

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 
You arent the only one and even those people who bought on 19k usd supposed to be holding or majority of them do already panic sell. Even myself do able to buy on 10k price but still im not really much affected on when the price would break even since i dont still need too much btc to spend on or actively be converted to fiat. Im still holding those coins in my hardware wallet though and for those people who do the same then just keep still and be patience coz sometimes temptations to sell on panic is there.

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August 18, 2018, 03:52:17 PM
 #17

For every heavy fall time is needed to get back up. And it will get - back up. We all have to work together to speed up Bitcoins recovery. All of us should try to keep the coin as long as we can, as that will help to stabilize the market. It will come back with new wave.
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August 19, 2018, 10:15:30 AM
 #18

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 
I do not "hold" , that is the reason why bitcoin price is not go up, I purchase and earn bitcoins, use it like a money itself. If you use bitcoin like its commodity than you will not utilize it at its fullest. However comparatively speaking if you are talking about "selling" your coins because of panic, than yes I think selling is worse than keeping your coins.

You should wait for a bit and see how it goes, I know it has been long time since last time bitcoin went up but what do you make from selling at this point on the dip when you can just wait and sell when it goes back up eventually. Unless you need the money for something, aside from that there is no reason to sell right now.

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tooklau
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August 19, 2018, 10:18:55 AM
 #19

I also hope that the market will improve soon, so that we can all recover losses, but relying solely on faith can not make the encryption market recover quickly!
jhongzjhong
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August 19, 2018, 10:24:33 AM
 #20

I bought bitcoin when it was around $14,500 in January and I am still holding because I am not discouraged.  I have great hope that bitcoin is going to increase in price and volume in some years to come. 
You arent the only one and even those people who bought on 19k usd supposed to be holding or majority of them do already panic sell. Even myself do able to buy on 10k price but still im not really much affected on when the price would break even since i dont still need too much btc to spend on or actively be converted to fiat. Im still holding those coins in my hardware wallet though and for those people who do the same then just keep still and be patience coz sometimes temptations to sell on panic is there.
Well, thank you to hear that both of you that I'm not alone on keep holding. Me too, I also invested in bitcoin on the month of January at this current year but I didn't expect that it will be dropped too much until now bitcoin has not recovered yet at the price when I was bought bitcoin. So, I don't have a choice to keep holding on it in my wallet, and I don't want to cut my losses because as of now I don't need money maybe I can be used it if I have an urgent needs.

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