Buy the DIP, and HODL!

[JayJuanGee]

[edited out]

There is always an increase in the price of every Bearis cycle every 4 years which makes it more difficult for people to collect Bitcoin because the prices are increasing as well as the lowest point, even in a Bearish state, as you said the target for collecting Bitcoin is decreasing (100-21-3) This target shows the proof.
I think we should not be oriented towards owning hundreds of BTC, owning 0.5 Bitcoins as you said is most likely to become a millionaire in the future.

Of course, I agree with this part, and it seems to me that if I had not invested in bitcoin, and if I were currently new to bitcoin, even if I were to try to be as aggressive as I would be able to be (without being overly aggressive or gambling), the most that I probably accumulate (even if I were to be lucky) would be around 5% of my current bitcoin holdings.  It would just be impossible to achieve much more than that.

So in that regard anyone who tries to be aggressive in accumulating bitcoin today will not be able to catch up to the similarly situated aggressive person from 8 years ago.. and the same is likely to be true for the future person in 8 years having almost no chance in hell to reach an equally aggressive person from today.

No guarantees but that seems to be the ongoing likely direction.

Our words may sound like Bitcoin sellers but who am I for bitcoin, without us Bitcoin will fly by itself. Basically, we're just trying to share what we've been through with Bitcoin and say that diversifying investments in bitcoin is highly recommended, especially if it's in Hodl for the long term because historical evidence shows that more and more people are adopting bitcoin and the price is getting higher.

I am not really opposed to your describing investing into bitcoin as "diversifying" into bitcoin, and I suppose the idea of "diversifying" into bitcoin would largely apply to someone who has already decently established a good sized investment portfolio and is in a position to consider adding some other assets.

I understand also that there are various stages in which someone might either be new to investing or even down the road of investing into some other assets, such as building a 401k portfolio through work or maybe considering payments into property as a kind of investment, and either re-routing investments or taking away from one investment in order to add bitcoin into the mix might be difficult for some of these people who have the other options but ONLY have so much cashflow that they are able to work with.

In my own history, I would frequently try to invest at least 10% of my income into something.. anything, and I had periods in which I was investing close to 40% of my income - yet I can still appreciate that sometimes it can be difficult to add any new assets to an already existing plan in which allocations of money going into those investments has already been established.

Sometimes if  people are new to investing, they might feel that they are having some troubles deciding which investments might be available to them including that they might not even have a 401k as an option and they might consider that they have to build up to a certain amount of value before they are even able to invest into property.. so for those kinds of people spending several years investing into bitcoin may work out well for them, and they might end up ONLY having bitcoin as their only investment (besides maintaining and perhaps building some cash as emergency funds and to cover fluctuating ongoing monthly expenses and maybe even projecting out having reserves for 6 months or longer).

So, I guess my point about whether there is diversification going on or not will likely vary depending on how long anyone newly coming into bitcoin or considering coming into bitcoin would consider their approach towards investing into it.

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[Dickiy]

Looks like those who bought Bitcoin at under $16k can already smile tonight. The boredom of seeing the price of Bitcoin filled with blood every day is now starting to flourish in the greenery of the market.
I think that's how important it is to buy at the bottom and HODL, but this is still the beginning of an increase, there are still many issues circulating among analysts, they say that we haven't reached the bottom point yet, therefore DCA is still highly recommended to be careful.

If you want to take profit tonight feel free, but I think it's better to keep holding on and keep accumulating until a new ATH is created to get a higher sense of satisfaction and profit.

[JayJuanGee]

Looks like those who bought Bitcoin at under $16k can already smile tonight. The boredom of seeing the price of Bitcoin filled with blood every day is now starting to flourish in the greenery of the market.
I think that's how important it is to buy at the bottom and HODL, but this is still the beginning of an increase, there are still many issues circulating among analysts, they say that we haven't reached the bottom point yet, therefore DCA is still highly recommended to be careful.

If you want to take profit tonight feel free, but I think it's better to keep holding on and keep accumulating until a new ATH is created to get a higher sense of satisfaction and profit.

Of course, people have the right to fuck around with trading, but this thread is not about trading, and I doubt that it is a great idea to implement any kind of meaningful shaving off of profits until BTC HODLers are sufficiently in profits.. such as multiples of times in profits.. so if you have a pretty low cost basis, you have quite a bit of flexibility to do whatever you want, including selling small amounts of BTC at any price if you want... However, at the same time, even with our 27% or so bounce up from $16,500-ish to $21k-ish, with prices currently bouncing around in the middle of the $20,xxx we are still in the ballpark of 17% below the 200-week moving average ((which is at about $24,500-ish), and the 200-week moving average is an ongoing historical bottom range that we have rarely gone below in bitcoin's history.

Sure anything can happen, so people have to figure out how they feel about their own level of exposure and how much they are financially and psychologically prepared for either price direction.

So yeah I agree continue to buy here.. but yeah I tend to recommend buying on the way down rather than on the way up.. so if anyone is in profits and feel that they want to shave a bit of profits as the price goes up, perhaps they would ONLY be shaving less than 1% for every 10% of the price.. and I don't even recommend those kinds of sales when we are at these levels, but I know sometimes people have over exposed themselves, so they do need to figure out ways to make sure that they continue to be prepared for either price direction. 

The main points of this thread is buy and hold if you run out of money, and so I would suggest any sales to be very small.. and only to the extent absolutely necessary or that generally portfolios are in profits... I do not recommend sales as a way to buy more bitcoin, but I do recommend sales as insurance and/or self preservation when profits are already great and/or that someone has overexposed themselves...

[Wind_FURY]

I'm not very sure about this post, but I believe we might be starting to be in the part of the bear cycle when it's time to BUY EVERY DIP, and HODL. Although, I'm not very confident because of Macro Economic considerations, like Deflation, which could be coming between the start of the second half of 2023 and the end of 2023. But whatever path you decide to take in your current Bitcoin journey, DON'T BE HIM!



 

[JayJuanGee]

I'm not very sure about this post, but I believe we might be starting to be in the part of the bear cycle when it's time to BUY EVERY DIP, and HODL. Although, I'm not very confident because of Macro Economic considerations, like Deflation, which could be coming between the start of the second half of 2023 and the end of 2023. But whatever path you decide to take in your current Bitcoin journey, DON'T BE HIM!

 

So Wind_FURY, I imagine that you picked up BTC at sub $24k and then you picked up more at sub $20k and then you picked up more BTC at sub $17k, and so now, you are wanting to hold onto some of your cash, just in case we have more dip opportunities later in the year.

I don't really have any problem with that mindset for someone like you who has already been stacking since 2016.. and there may be BIGGER dilemmas for folks who started stacking after November 2020-ish.. so they have not had as many opportunties to stack, and likely the BTC price is still way below their average cost per BTC, that is if they have been stacking for the last 2 years or perhaps a bit longer than that.

I am not going to proclaim to know any kind of exact answer, but there could be some ways to attempt to both prepare for the dip, but also prepare in case no significant dip actually ends up happening... even with our latest UPpity BTC price move, we are still around 13% below the 200-week moving average... which are historically low prices in terms of that particular indicator.. and yeah, macro circumstances has issues, but there might be questions regarding the price performance of BTC relative to various macro factors.. and we could continue to either get sideways or even trickling upwards while macro circumstances might continue to flounder, and I have never been too much of a fan for claims that BTC is correlated to macrofactors, even though surely liquidity issues overall do have effects on BTC prices, but not necessarily completely in ways that might be expected if you are taking into account the view of mainstream gurus who likely do not really appreciate various aspects of BTC.. and also think that BTC can be controlled.. which may well end up blowing up on them at various points, even if it ends up that bitcoin moves sideways rather than UP (or down).

[Rana590]

The main points of this thread is buy and hold if you run out of money, and so I would suggest any sales to be very small.. and only to the extent absolutely necessary or that generally portfolios are in profits... I do not recommend sales as a way to buy more bitcoin, but I do recommend sales as insurance and/or self preservation when profits are already great and/or that someone has overexposed themselves...

Though this thread is not about trading but the statement of this thread encourage people for buying and holding Bitcoin. But in real life (everyone situation/condition), is it really possible for everyone? I don't think so and in my opinion, it is good decision to close entry after getting a enough ROI. Price of Bitcoin isn't below $10 that we will buy a lot of Bitcoin and hold for many days. Greedy people don't think about market condition and they want huge profit at a time. We know that "for a greedy man even his tomb is too small".

[Raflesia]

The main points of this thread is buy and hold if you run out of money, and so I would suggest any sales to be very small.. and only to the extent absolutely necessary or that generally portfolios are in profits... I do not recommend sales as a way to buy more bitcoin, but I do recommend sales as insurance and/or self preservation when profits are already great and/or that someone has overexposed themselves...

Though this thread is not about trading but the statement of this thread encourage people for buying and holding Bitcoin. But in real life (everyone situation/condition), is it really possible for everyone? I don't think so and in my opinion, it is good decision to close entry after getting a enough ROI. Price of Bitcoin isn't below $10 that we will buy a lot of Bitcoin and hold for many days. Greedy people don't think about market condition and they want huge profit at a time. We know that "for a greedy man even his tomb is too small".

I think in this condition suggestions are still suggestions and we don't have to arrange for other people to do that but can still suggest.
As for what they do, whether they actually buy or not is their business, the most important thing is that we have already told you that buying bitcoins and holding them at the moment is a good condition.
Even if they do in the end they will sell with a smaller profit in the end it returns to themselves but for advice in this case do it for the long term so that we get better results of course.

[GeorgeJohn]

I do encourage people who is financially buoyant to purchase Bitcoin when the price is low. So therefore during the time of bitcoin increment someone who invested with small amount will have a substantial profit via the investment. But many people does not invest in Bitcoin when it happens to experience a bearish market. Bitcoin investors happened to make profit during the period of having or experiencing a bearish market. So in summary it's good to purchase Bitcoin during the dip and save for long term investment against bullish market or season.

[Ryu_Ar1]

I'm not very sure about this post, but I believe we might be starting to be in the part of the bear cycle when it's time to BUY EVERY DIP, and HODL. Although, I'm not very confident because of Macro Economic considerations, like Deflation, which could be coming between the start of the second half of 2023 and the end of 2023. But whatever path you decide to take in your current Bitcoin journey, DON'T BE HIM!



 

Well let him be with all his doubts at this time because this will only make us lose if we are really affected by something like this.
Keep our minds healthy no matter what happens because selling at a loss is not something that has to be done especially with the current conditions.
btw I have pretty good pictures for the depiction which I think is pretty good at the moment.

Though this thread is not about trading but the statement of this thread encourage people for buying and holding Bitcoin. But in real life (everyone situation/condition), is it really possible for everyone? I don't think so and in my opinion

Isn't that back to self-choice.
In the end it is us who decide whether we are still able to be here or not. Many people always suggest buying and investing with cold money, which means that the money is not used for a certain period of time so that we are more comfortable without thinking about future conditions.
As for in the end, you are not too able to hold it, so let it go with a note, don't when you are bearish and in a loss situation, because what are you releasing your bitcoins for when you are experiencing a loss. wouldn't it just be a waste of your holding up to this day if in the end it is sold for a loss.

[Dickiy]

The main points of this thread is buy and hold if you run out of money, and so I would suggest any sales to be very small.. and only to the extent absolutely necessary or that generally portfolios are in profits... I do not recommend sales as a way to buy more bitcoin, but I do recommend sales as insurance and/or self preservation when profits are already great and/or that someone has overexposed themselves...

Though this thread is not about trading but the statement of this thread encourage people for buying and holding Bitcoin. But in real life (everyone situation/condition), is it really possible for everyone? I don't think so and in my opinion, it is good decision to close entry after getting a enough ROI. Price of Bitcoin isn't below $10 that we will buy a lot of Bitcoin and hold for many days. Greedy people don't think about market condition and they want huge profit at a time. We know that "for a greedy man even his tomb is too small".

You may need to look at the title of this thread Buy the DIP, and HOLD, I think that's enough to make you understand that the discussion here is about buying Bitcoin advice and holding it for the long term.

I think it is the right of each person to take advantage or not in certain market situations. I think people who keep their bitcoins for the long term cannot be interpreted as greedy, because basically everyone has different goals and intentions in purchasing Bitcoins as to save their money's worth, security for old age and others. This depends on each target in buying bitcoin and we only share their mindset and views, the rest is your own personal decision.
I personally hold bitcoin for my future, not to eat tomorrow (am I a greedy person?).

[JayJuanGee]

The main points of this thread is buy and hold if you run out of money, and so I would suggest any sales to be very small.. and only to the extent absolutely necessary or that generally portfolios are in profits... I do not recommend sales as a way to buy more bitcoin, but I do recommend sales as insurance and/or self preservation when profits are already great and/or that someone has overexposed themselves...

Though this thread is not about trading but the statement of this thread encourage people for buying and holding Bitcoin. But in real life (everyone situation/condition), is it really possible for everyone? I don't think so and in my opinion, it is good decision to close entry after getting a enough ROI. Price of Bitcoin isn't below $10 that we will buy a lot of Bitcoin and hold for many days. Greedy people don't think about market condition and they want huge profit at a time. We know that "for a greedy man even his tomb is too small".

You may need to look at the title of this thread Buy the DIP, and HOLD, I think that's enough to make you understand that the discussion here is about buying Bitcoin advice and holding it for the long term.

I think it is the right of each person to take advantage or not in certain market situations. I think people who keep their bitcoins for the long term cannot be interpreted as greedy, because basically everyone has different goals and intentions in purchasing Bitcoins as to save their money's worth, security for old age and others. This depends on each target in buying bitcoin and we only share their mindset and views, the rest is your own personal decision.
I personally hold bitcoin for my future, not to eat tomorrow (am I a greedy person?).

Greed does seems to be a discretionary thing in which each of us attempts to figure out how much of anything that we want to accumulate and/or to hoard and also the extent to which we want to spend and if we do spend where we choose to spend.

Bitcoin does allow for (and possibly facilitates) our abilities to determine how we might manage our wealth, once we are able to build it... One of the things that fiat inflation seems to do is to rob from savers and rob from folks who have fixed incomes and are no longer able to work to gain (or negotiate) their cashflows.   So it can be quite sad to see prices of some kinds of products and services doubling and that does have pretty strong effects on folks with fixed incomes and might even cause them to have a lot of insecurity regarding how they hold their value.. including that if they have cash, the whole system of inflation and robbing value incentivizes to spending as soon as possible, if there might not be a way to hold such value in a way that it preserves some reasonable amount of purchasing power.

[Rana590]

The main points of this thread is buy and hold if you run out of money, and so I would suggest any sales to be very small.. and only to the extent absolutely necessary or that generally portfolios are in profits... I do not recommend sales as a way to buy more bitcoin, but I do recommend sales as insurance and/or self preservation when profits are already great and/or that someone has overexposed themselves...

Though this thread is not about trading but the statement of this thread encourage people for buying and holding Bitcoin. But in real life (everyone situation/condition), is it really possible for everyone? I don't think so and in my opinion, it is good decision to close entry after getting a enough ROI. Price of Bitcoin isn't below $10 that we will buy a lot of Bitcoin and hold for many days. Greedy people don't think about market condition and they want huge profit at a time. We know that "for a greedy man even his tomb is too small".

You may need to look at the title of this thread Buy the DIP, and HOLD, I think that's enough to make you understand that the discussion here is about buying Bitcoin advice and holding it for the long term.

I think it is the right of each person to take advantage or not in certain market situations. I think people who keep their bitcoins for the long term cannot be interpreted as greedy, because basically everyone has different goals and intentions in purchasing Bitcoins as to save their money's worth, security for old age and others. This depends on each target in buying bitcoin and we only share their mindset and views, the rest is your own personal decision.
I personally hold bitcoin for my future, not to eat tomorrow (am I a greedy person?).

Greediness and foolishness are not same at all. For a trader, S/he should think carefully in every steps. I don't think there is any need to buy continuously where there is a chance to get capital back. I'm also holding Bitcoin and it doesn't prove that I'm also a greedy one but as a trader, I've already withdrawn my capital. Now I've Bitcoin more than what I bought at the first time. It's a continuous process to maximize wealth rather than profit maximization.

[Dickiy]

The main points of this thread is buy and hold if you run out of money, and so I would suggest any sales to be very small.. and only to the extent absolutely necessary or that generally portfolios are in profits... I do not recommend sales as a way to buy more bitcoin, but I do recommend sales as insurance and/or self preservation when profits are already great and/or that someone has overexposed themselves...

Though this thread is not about trading but the statement of this thread encourage people for buying and holding Bitcoin. But in real life (everyone situation/condition), is it really possible for everyone? I don't think so and in my opinion, it is good decision to close entry after getting a enough ROI. Price of Bitcoin isn't below $10 that we will buy a lot of Bitcoin and hold for many days. Greedy people don't think about market condition and they want huge profit at a time. We know that "for a greedy man even his tomb is too small".

You may need to look at the title of this thread Buy the DIP, and HOLD, I think that's enough to make you understand that the discussion here is about buying Bitcoin advice and holding it for the long term.

I think it is the right of each person to take advantage or not in certain market situations. I think people who keep their bitcoins for the long term cannot be interpreted as greedy, because basically everyone has different goals and intentions in purchasing Bitcoins as to save their money's worth, security for old age and others. This depends on each target in buying bitcoin and we only share their mindset and views, the rest is your own personal decision.
I personally hold bitcoin for my future, not to eat tomorrow (am I a greedy person?).

Greediness and foolishness are not same at all. For a trader, S/he should think carefully in every steps. I don't think there is any need to buy continuously where there is a chance to get capital back. I'm also holding Bitcoin and it doesn't prove that I'm also a greedy one but as a trader, I've already withdrawn my capital. Now I've Bitcoin more than what I bought at the first time. It's a continuous process to maximize wealth rather than profit maximization.

Who is talking ignorance and who is talking greed, are you diverting them?
Your thinking is indeed logical for a trader or close range trader, and it is true that it is important for a trader to take capital when he has the opportunity, and continue trading with the results obtained from the initial trade.
But the position is different from mine, of course, who save it for the next 5-10 years, the wealth and profit orientation that you describe are things that cannot be separated, but the way to get it is different, you do it by trading short distances and I am long term.

[Sayeds56]

The main points of this thread is buy and hold if you run out of money, and so I would suggest any sales to be very small.. and only to the extent absolutely necessary or that generally portfolios are in profits... I do not recommend sales as a way to buy more bitcoin, but I do recommend sales as insurance and/or self preservation when profits are already great and/or that someone has overexposed themselves...

Though this thread is not about trading but the statement of this thread encourage people for buying and holding Bitcoin. But in real life (everyone situation/condition), is it really possible for everyone? I don't think so and in my opinion, it is good decision to close entry after getting a enough ROI. Price of Bitcoin isn't below $10 that we will buy a lot of Bitcoin and hold for many days. Greedy people don't think about market condition and they want huge profit at a time. We know that "for a greedy man even his tomb is too small".

Greed is an inherent human nature which has positive as well negative side. This powerful human emotion is like a double edged sword, it can be used to promote human performance in organizations. At the same time, it is also used to manipulate others.

When it comes to trading Bitcoin or any other asset, it is very important to control greed & fear emotions for avoiding impulsive trading.

Maximizing Bitcoin through trading activity is good idea, but only those traders succeed who are well skilled in technical analysis & risk/money management.
The best strategy to accumulate Bitcoin, that everybody can use comfortably, is dollar cost averaging (DCA), which makes it easier to deal with uncertain markets.

[GigaBit]

While many would call with having profit and still holding Bitcoin long-term that means greedy but I wouldn't. Because the person who made the mistake of buying a pizza with thousands bitcoins can justify not holding bitcoins from this position is the same thing. Many people advise to sell it if it is higher than the purchase price. But I would advise long term hold to actual holders who dream to Bitcoin. It doesn't matter if Bitcoin is bearish again. Holdings through various financial institutions where you have to hold for years for small gains but Bitcoin can and will multiply that with few years. So I would tell anyone who can able to hold it until he can happy with it.

[Popkon6]

There are many expert people who have given various suggestions.  But I'd say from my own experience hold half of Bitcoin assets for the long term at present.  And you trade with the other half of the assets.  Buy and if the price is higher than the purchase price you sell it thus increasing the wealth.
I have held assets myself so I advise everyone to hold assets for the long term because that is the opportunity.  The Bitcoin market will do well as the bull run continues to slowly increase in momentum.  Then this long-term investment of yours will turn into a mountain of wealth when you can claim to own some Bitcoins.

[salad daging]

There are many expert people who have given various suggestions.  But I'd say from my own experience hold half of Bitcoin assets for the long term at present.  And you trade with the other half of the assets.  Buy and if the price is higher than the purchase price you sell it thus increasing the wealth.
I have held assets myself so I advise everyone to hold assets for the long term because that is the opportunity.  The Bitcoin market will do well as the bull run continues to slowly increase in momentum.  Then this long-term investment of yours will turn into a mountain of wealth when you can claim to own some Bitcoins.

It is not easy to trade with the mindset of buying at low prices and selling at high prices, while in trading patterns there are many that must be applied, this is not easy enough to increase wealth in an instant, while we must be able to control greed and emotions in a trade, still the most The simple thing is to buy bitcoin and save it for a long time, but it's not greed but it increases the value of bitcoin in a slow way.

Basically, long-term investing is a way to accumulate wealth in the future, everyone already knows this method, but it's a long enough journey, not everyone can do it, even though it's easy to say.
I believe I can be strong with bitcoin to hold as long as I don't quit a real job that supports my life and me.



Never buy shitcoin it kills you.

[JayJuanGee]

There are many expert people who have given various suggestions.  But I'd say from my own experience hold half of Bitcoin assets for the long term at present.  And you trade with the other half of the assets.  Buy and if the price is higher than the purchase price you sell it thus increasing the wealth.
I have held assets myself so I advise everyone to hold assets for the long term because that is the opportunity.  The Bitcoin market will do well as the bull run continues to slowly increase in momentum.  Then this long-term investment of yours will turn into a mountain of wealth when you can claim to own some Bitcoins.

Many longer term bitcoiners are more against the idea of trading bitcoin because it is likely the best of assets that are available, so why would fuck around with the possibility of having less of it by trying to trade it?  That hardly makes any sense, unless you happen to be some kind of an expert or maybe you are just playing the real large price swings so that you are not really trading very often.

There are a lot of shitcoins and other products that you can trade outside of bitcoin, if you believe that you have some kind of talent in that direction, and also we are not even talking about trading in this thread.. so if you at least cannot figure out what we are talking about in this thread and attempt to follow the topic, then you are off topic and should post your ideas in some other thread that deals with that topic (or is at least somewhat more receptive to such topic).

[len01]

Looks like those who bought Bitcoin at under $16k can already smile tonight. The boredom of seeing the price of Bitcoin filled with blood every day is now starting to flourish in the greenery of the market.
I think that's how important it is to buy at the bottom and HODL, but this is still the beginning of an increase, there are still many issues circulating among analysts, they say that we haven't reached the bottom point yet, therefore DCA is still highly recommended to be careful.

If you want to take profit tonight feel free, but I think it's better to keep holding on and keep accumulating until a new ATH is created to get a higher sense of satisfaction and profit.

most of the big investors in the shocking rise in the price of bitcoin yesterday, they are selling for profit. because big investors usually have a large number of bitcoins and if the price increases by 7% it will be very profitable for big investors. so there's nothing wrong with them selling and buying again when prices start to dump.
 
the satisfaction of holding bitcoin until the price reaches the peak of ATH will be pleasure, satisfaction and happiness if you can be patient and wait. but everyone can't do that

[Sayeds56]

There are many expert people who have given various suggestions.  But I'd say from my own experience hold half of Bitcoin assets for the long term at present.  And you trade with the other half of the assets.  Buy and if the price is higher than the purchase price you sell it thus increasing the wealth.
I have held assets myself so I advise everyone to hold assets for the long term because that is the opportunity.  The Bitcoin market will do well as the bull run continues to slowly increase in momentum.  Then this long-term investment of yours will turn into a mountain of wealth when you can claim to own some Bitcoins.

Many longer term bitcoiners are more against the idea of trading bitcoin because it is likely the best of assets that are available, so why would fuck around with the possibility of having less of it by trying to trade it?  That hardly makes any sense, unless you happen to be some kind of an expert or maybe you are just playing the real large price swings so that you are not really trading very often.

There are a lot of shitcoins and other products that you can trade outside of bitcoin, if you believe that you have some kind of talent in that direction, and also we are not even talking about trading in this thread.. so if you at least cannot figure out what we are talking about in this thread and attempt to follow the topic, then you are off topic and should post your ideas in some other thread that deals with that topic (or is at least somewhat more receptive to such topic).

I agree that possibility of losing Bitcoin in trading can't be ruled out, no matter how expert & experienced trader you are, as markets have their own dynamics, and they often move in the direction which nobody would have predicted. Bitcoin is a precious asset, and we should continue increasing it by buying the dip and holding it with patinence, as patience is a virtue for Bitcoin HODLERS.