arpon11 (OP)
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March 20, 2019, 03:20:43 PM |
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HODL bitcoin was the word spreading the bitcointalk forum and all the places where we can see the crypto users but after the drastic fall in coming days we are facing big problems in earning, Good ICO projects, trading volumes and many more. I always keep the bitcoins safe and will not sell the bitcoin unless it reaches 10k USD at least. number of hodlers increased then we can find the more demand on bitcoins and price rise too. I did not see a long-term holders that loss money in cryptocurrencies market! We only need to look at the past and invest accordingly because those that takes the risk of investing when bitcoin was absolutely down makes money during the past bull market. It is also very important for us to know that if we actually want to makes profits we must invest when it low and sell when it is high but been able to endure till that time is the challenge some of us had. I think you have made a good decision and if you can keep to it there is no way you will not make profits in future.
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sheenshane
Legendary
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Activity: 2506
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March 20, 2019, 03:21:10 PM |
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snip- I always keep the bitcoins safe and will not sell the bitcoin unless it reaches 10k USD at least. number of hodlers increased then we can find the more demand on bitcoins and price rise too.
Good decision and we are the same perspective view on holding Bitcoin, there will be a big chance that the bitcoin will rise again but I can't tell it would skyrocket dramatically. 50,000 is too much but for me, the bitcoin will rise on its former high potential again like 20,000 USD. I do understand the enthusiasm and you being optimistic but please lessen your expectation to make it a little realistic. We are all expecting for the bitcoin to rise and let's see if it will happen!
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gantez
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March 20, 2019, 03:50:50 PM |
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I will say this is an appropriate time to buy more bitcoin. Price is still low and buying now will guarantee bigger profit margin. So those holding should also try to get more for the bull future we are expecting.
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magneto
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March 20, 2019, 09:06:49 PM |
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I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again. If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. Keep holding and the future is for you!
What has happened in the past doesn't always indicate what is going to happen in the future. Let's get that out of the way. Though, I do agree with the fact that what we see right now and the stage of the market cycle that we are in at the moment is clearly a reflection of what had happened in the most recent bear market of 2014-2015. There are very similar percentage losses from the peak, very similar timeframe, and overall market sentiments. It's evident that we're going to see a bull market emerge sooner or later, as a matter of time. Though, I would be extremely careful with putting an exact timeframe on when this will occur because short term volatility simply cannot be predicted by the macro cycles that bitcoin goes through every 4 years or so, due to the halving. Prices could well continue to drop below previous bottoms before finally breaking out with a rally, I'm not ruling out that possibility.
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Indrawan77
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March 21, 2019, 02:14:39 AM |
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Yeah usually bitcoin will come out stronger after the huge correction, and we have been in the bear market for quite sometime and the price has been stabilise for long time, I think we will have a good bull market soon, for long term bitcoin will become a good investment, for 10 years we already see how bitcoin price grow stronger
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peonminer
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March 21, 2019, 02:19:15 AM |
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I find it remarkable that people are depressed about Bitcoin being $4K USD. I remember when BTC was $60. I remember when it was $120. I remember when it was $225. I regret ever selling any BTC I have ever owned from the $60 price point and up. HODL.
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ethereumhunter
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March 21, 2019, 07:06:45 AM |
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I will say this is an appropriate time to buy more bitcoin. Price is still low and buying now will guarantee bigger profit margin. So those holding should also try to get more for the bull future we are expecting.
Although this is a good time to buy more bitcoin, we need to analyze before we buy because we don't want to get a trap at the higher price especially if there is a dump in the bitcoin price. We need to make sure that we buy at the lower price, so we don't have to worry if the trend is changing to go down. The price now increases and it will grow more, but we have a chance to see the price will a correction of the price before it could increase higher.
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Gaff
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March 21, 2019, 08:07:32 AM |
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I find it remarkable that people are depressed about Bitcoin being $4K USD. I remember when BTC was $60. I remember when it was $120. I remember when it was $225. I regret ever selling any BTC I have ever owned from the $60 price point and up. HODL.
Regrets won't help us recover what we've lost, and instead of putting off stressful life because of that reasons don't give up. We still have bigger chances since Bitcoin price nowadays remained fluctuating, and cheaper price can be acquired once you purchase btc from any trading sites. For I remember those days that btc was profitably at $20k, I was given great times earning brilliant amount of money. I was even comparing it from my job income which cannot be achieved even though working so hard 24 hours a day.
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GregH37
Legendary
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Activity: 1302
Merit: 1037
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March 21, 2019, 08:38:26 AM |
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I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again. If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. Keep holding and the future is for you!
Must be a nice advice and I don’t doubt the fact that Bitcoin can get to that $200,000 but patience is the key, human being generally has problem with patience and they don’t face reality, yes bitcoin will surely reach that value in the long run which is for sure but the reality is that, it will take a long time. So, any investor coming into the system now should better do and have it in mind that the purpose of such investment is for a long term investment, usually I do advice people to go into trading too before that time, they can still be using their investment to trade and still making it on a daily basis which will help them ease the tension on Long-term investment.
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Barbut
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March 21, 2019, 09:23:23 AM |
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I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again. If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. Keep holding and the future is for you!
Must be a nice advice and I don’t doubt the fact that Bitcoin can get to that $200,000 but patience is the key, human being generally has problem with patience and they don’t face reality, yes bitcoin will surely reach that value in the long run which is for sure but the reality is that, it will take a long time. So, any investor coming into the system now should better do and have it in mind that the purpose of such investment is for a long term investment, usually I do advice people to go into trading too before that time, they can still be using their investment to trade and still making it on a daily basis which will help them ease the tension on Long-term investment. He is just lazy to provide some pictures about historical bitcoin price movement, I dont blame him, who wants to check that can open google and start from there. Many sites can provide that sort of informations, bitcoin price is higher than in 2011 and 2015, one year before halvings, exactly where are we now, one year before halving. I encourage people around me to hold and to invest more if they can, if they have some time and some skills to try to earn it somehow.
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Ararbermas
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March 21, 2019, 09:50:29 AM |
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I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again. If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. Keep holding and the future is for you!
i agree on your statement above mate. Because i have doubts also that there's a possibilities of good run in the future base on what is happening in the market nowadays. (which is market keep showing positive sign and seems bear market will gradually disappearing). Indeed bull always emerge after the fluctuation. So probably your correct that selling is a big mistake on this situation.
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Naida_BR
Member
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March 21, 2019, 11:44:31 AM |
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you're right if someone sells bitcoin will now regret that the long term is better if investing in bitcoin, they will lose the opportunity next year. by the way experience also says that regret always comes late and it can't be repeated
Till now patient investors in the cryptocurrency industry have been rewarded. I don't want to see this trend be reversed from now on because many people will lose many money in this industry. I hope that there will be more funds added in the market in the future.
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Wilhelm
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March 21, 2019, 12:46:34 PM |
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I find it remarkable that people are depressed about Bitcoin being $4K USD. I remember when BTC was $60. I remember when it was $120. I remember when it was $225. I regret ever selling any BTC I have ever owned from the $60 price point and up. HODL.
They are depressed they didn't sell at the top and buy at the bottom. My experience is the same as you. Why play the game when HODL will generate more than enough profit. Just ride the rollercoaster.
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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Gontxi
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March 21, 2019, 01:11:16 PM |
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I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again. If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. Keep holding and the future is for you!
I agree but the fact is not as easy as you say, there are many doubts and chaos that make panic. until the market becomes very declining, and the worst is there are a lot of shitcoin that really will become garbage. it will take a long time if you want Bitcoin to recover and have a fantastic price
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Kevin77
Legendary
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March 21, 2019, 03:43:44 PM |
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I don't know man what happened in the past doesn't really have to happen in the future. Don't get me wrong I am a firm believer that bitcoin will go up but saying it will go up to $200k is not really that realistic and could be a big wrong prediction.
I am not against anyone selling their bitcoin, if you sell bitcoin and keep your money still on coinbase/binance whatever exchange you use, and than rebuy at a level you are more comfortable with than there is absolutely no reason for you to not sell. If you do not like $4k but like $5k and think that $4k is risky but if it goes to 5k it will go further higher than sell at $4k and buy at 5k and wait for it to go up, its all fine.
People should be feeling comfortable with the way they do business on bitcoin, sell whenever buy whenever because that is the biggest difference with banks.
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prtty2gal2
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March 21, 2019, 05:46:59 PM |
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~ bitcoin and altcoins do come out stronger!
are you freaking kidding me each time in the past that we had the altcoin pumping season like this where every single altcoin gets big pumps, when the dumping season starts right afterwards at least 40% of the altcoins die and the remaining 60% go down and give their places to newer altcoins that will do the same thing as they did (pump and dump). That happens because people don’t trade with caution and usually market gives lots of signs when it is about to dump, irrespective of the altcoins we are holding at that moment whether new or old, it will surely gain more strength when BTC rises, yes I know dumping do occur but will not completely make a strong project die, because what most people that dump usually do, is to take the profit and still leave the initial capital, in which the that capital will still experience substantial increase in price every time bitcoin pumps in price, most of the altcoins that has died are all shitcoins without a reputable real application based product.
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arpon11 (OP)
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March 22, 2019, 05:27:52 AM |
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I find it remarkable that people are depressed about Bitcoin being $4K USD. I remember when BTC was $60. I remember when it was $120. I remember when it was $225. I regret ever selling any BTC I have ever owned from the $60 price point and up. HODL.
Thank you for pointing out all this remarkable time and prices and it is truth that bitcoin has passed through this same way in the past. I don't think that for those that buy bitcoin when it was $60 and are holding up till now will start to complain that bitcoin or their investments is performing badly! Most people did not know the right time to buy bitcoin and that is why they are losing in bitcoin investments and trading. In future this same pattern are going to play out again and those that are smart enough to buy at the bottom and sell at the top are the one making money from this cryptocurrencies market.
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ShowOff
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March 22, 2019, 06:31:26 AM |
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I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again. If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. Keep holding and the future is for you!
Keep holding and do something else outside crypto maybe good. But if you have trading skill, trade it with a little amount of capital can be good thing to do. beside you spend time for waiting, you can earn a little profit too if you can take profit from trading.
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chan-lee
Newbie
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March 22, 2019, 06:48:55 AM |
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I will not be able to show us the historical data on how the cryptocurrencies market has been behaving in the past and how the accumulation and distribution cycles has been playing out but most of the time bitcoin and altcoins do come out stronger! I will still encourage us to keep holding and wait until the condition of pricing turned around again. If you sell now you will be regretting when bitcoin get to $50,000 or $200,000 in some years to come as it has happened before and most times we regret selling too early. Keep holding and the future is for you!
Perfect. In the future, bitcoin price will be raised up till more than 23,500 USD. For future, wait.
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StarofBTC
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March 22, 2019, 02:03:08 PM |
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I find it remarkable that people are depressed about Bitcoin being $4K USD. I remember when BTC was $60. I remember when it was $120. I remember when it was $225. I regret ever selling any BTC I have ever owned from the $60 price point and up. HODL.
I also regret not buying bitcoin January 2011 when I was introduced to bitcoin at the price that is very insignificant, this has not stopped torturing me too, till now, I still wallow in regrets how I would have been probably a billionaire by now because the money I should have used for investment then ended up on a wine bar with a broken bottle. Well, I have moved forward and Holding the little I can hold till 1 satoshi becomes $10, at least I have about 20,000,000 satoshi and I hope that 1 day, 1 satoshi will equal $10, I know it sounds funny but till then, HODL to the moon, no more mistakes, time to faith it and hold strong.
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