Do Holders actually bought BTC during the crash?

[Baofeng]

According to reports by Arcane Research, Holders are buying based on their metrics, Hodler Net Position Change.



Pretty obvious though, I mean if you are a long term HODLer, you are waiting for this kind of opportunity to fill in your bags and accumulating. And probably those who have sold-off during the panic has somewhat regret their decision to do so.

[cryptoaddictchie]

Much likely they are in regret right now. Especially the price slowly recovering. If only I have extra fund during its lowest known dump then I buy as much as possible. Holders are no choice if their cash exhausted and were gonna be no choice but to sell, in order to sustain a lot of necessary things in a state of locked down. I myself seeing a needed to withdraw or sell it if this continue in the next few months. Im running out of cash and this is the worst situation where you gonna need to give up a precious holdinh of btc.

[avikz]

It's obvious! HODLers are mainly long term players while traders are the ones who actually rides the wave. Such kind of drop in price is actually a great opportunity for the HODLers to bring down their average buying price so that they can increase their profitability. Only a fool would miss such opportunity!

Especially when the world is moving towards a financial reset. I am also buying stocks of blue-chip companies slowly as they are unbelievably cheap right at this moment!

[sheenshane]

True crypto enthusiasts are most likely good holders because they understand very well how the market will works (they are also long term holders). Even though we know that there is no algorithm to predict the market price movement but crypto enthusiast has an initiative on accumulating the market and fill their bags full while it is cheaper in the market.

We have a different assumption of what makes investors the main reason triggered to sell-off their holding Bitcoin. All we know and made the hot issues now are because of a pandemic that turns out the whole world down all the stock markets including the crypto market. I still have a question of my mind why Bitcoin shows an improvement in price even though there is a global economic crisis.

[samcrypto]

Some hodlers are trap on top and it includes me, I have no choice but to hold and keep buying to lessen the cost and I believe its all worth it. Whales are doing this as well, they still believe on bitcoin and it will rise again. If you already see bitcoin on top, its really hard not to buy when the price becomes cheap again, it looks like a super big sale in the market.

[carter34]

Hodling or buying at this time isn't really a problem but the real issue and challenge is whether you can afford to hodl now and not be strapped of cash or whether you have money to buy more coin.
Certainly it is a time to buy but so many countries are having economic drop and hardship which makes money very difficult to get now.

[Raflesia]

A holder will certainly know when to buy at the right price like when the bearish market happened yesterday but what the holders are doing I am sure they will buy more because they know how crypto is going forward.
When this crisis does not make it difficult for them to hold more because after feeling satisfied what they have, the profits will double there, especially if the economy recovers from this epidemic.

[Pffrt]

As some people including me said that it was more manipulation than a normal crash. I think whale caused the manipulation and filled their bag. However, that's a good sign that they have some good amount of accumulation. May be 2017 is near.

[tomahawk9]

Smart hodlers bought several coins during the crash ("buy the freaking dip!!" is a way of life to hodlers), the rest either panicked or decided to stay away from the internet because they couldn't handle watching their portfolio bleed out.

Much likely they are in regret right now. Especially the price slowly recovering.

I remember reading the WO thread a few weeks ago when we flash crashed to sub 5k, there was this user there (I believe a long time hodler, can't remember the username) who panicked and sold most of his coins...Obviously, he regretted it the next day 'cause the price went back up again...Devastating.

[alexsandria]

Maybe yes? How could I say that? Maybe because they are seeing the chance to buy and hold so much more bitcoins so that in the later ends they will be able to spend money and spend or earn a lot when the bitcoin comes pump again. That are the assumptions that I am seeing whenever someone are asking if the holders or the people are bought bitcoin when it is crashing.

[Msigwaeliza]

I think this is depending on the kind of the holder, dome of the bitcoin holders may be selling their bitcoin after crash and some of them may be buying bitcoin after the crash, and others will remain stable.

[vlad230]

Every crash is a new opportunity for others so, I would bet a lot of people started buying during the crash hence the fast rebound we're seeing now.

[Rodeo02]

Maybe yes? How could I say that? Maybe because they are seeing the chance to buy and hold so much more bitcoins so that in the later ends they will be able to spend money and spend or earn a lot when the bitcoin comes pump again. That are the assumptions that I am seeing whenever someone are asking if the holders or the people are bought bitcoin when it is crashing.

Its depend how many coins holder's already have, if they have many already they dont need to buy more  they can focus on holding it and wait for the right moment to sell , those holders who bought bitcoin that time is the person think thier holding is not enough so they need to add more before the upcoming bull run happen.

[thesmallgod]

I hold and anytime the price crash, I do buy more depending on how much I have and how much I am willing to buy. The sad truth is that no matter how much the price crash, the market will recover one day (aside from the shit coin) and this is the reason why it is good to buy. A few weeks ago, the price was touching 4k but today it is 6.6k. If you bought when the price crash, you must be smiling now

[Anonylz]

Some people bought and others were probably still contemplating whether to buy but unfortunately price did not stay down for too long, and i must confess am among those still thinking to buy some to top my holdings, so am a bit in regret for not setting my buy orders and see if it will get filled, even now the price is reasonable to buy.

[Strufmbae]

A Philosopher "once said" The only Constant is change, so if you don't go with the flow then you will die.

i.e, _   Nokia thought that if they stay to their own Quality and don't make any change to their product, they would still be famous and on Top.

so, the other companies, try to do things differently and continue to move forward.

Furthermore, Holders bought BTC during the Crash because they are willing to wait and believe that Bitcoin's Value will Rise again. Technically.

[kryptqnick]

I think it makes sense if they do because these low prices are not going to be there forever. And it's quite likely that these new investments are pushing the price towards recovery. The question is, how the traders are going to respond, and what is their influence in contrast to people looking for long-term profit when it comes to Bitcoin. I suppose traders make more transactions (naturally), so their impact is way bigger. Even when a couple of people make big buys, many people making small sells can outweigh the importance of the former and push the price down.

[White Christmas]

I think not all of the holders are buying btc just because the bitcoin has been crashed or being stack on it but because they are afraid to buy so much because they don't have guaranteed that the bitcoin will eventually arise again just like what happen before. This probably the main idea why the people ate not buying bitcoin even it is cheaper but because they are more scared that something bad might happens.

[DarkDays]

So it looks like there was a big net position change straight after the crash recently, which means people are definitely accumulating.

I'd like to see how exactly Glassdoor acquired this data, seems like it should take into consideration how many people are buying in, rather than the total number.

Because it's quite possible that the whales are simply dumping the market to extract profits, then simply buying back in at a lower rate.

[gentlemand]

There were people on the Wall Observer thread who were buying hard in the $4000 range. There were also people running around like headless chickens who sold at that moment too. The golden rule is always to do the exact opposite of what your emotions want you to do. Hardly anyone can do that but if you can you're forever ahead of 99% of people.