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Author Topic: We are having the difficult time, are you still a Bitcoin HODL?  (Read 1159 times)
Assface16678
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April 02, 2020, 04:43:18 PM
 #61

For those people who has been in the industry for some years and already know what are the different up's and down's of the market because they already have the experience on what would possibly thr next happening of the down of the market, it's either it will pump or dump but for all of us we are still holding our bitcoin for huge profit after this pandemic problem.

Even the elder into the world of cryptocurrency market takes in a long run still we can gather information and data about the movement but we cannot give the exact amount of the price of the coins because still, it depends on the market users and the whales if they will release a huge amount of coins to make more contribution into the market because we cannot deny that the market price of the coins for the next coming months this is because the halving and we are now looking forward on it and want the right time but we need to face the problem of the pandemic outbreak today.

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April 02, 2020, 05:05:50 PM
 #62

I don't see how people who are hold will stop being hold because of this pandemic. although we are facing a global disaster most of the people who are constantly making price predictions and also hold have not yet come to say that they have given up hold which in my opinion is a great sign that holders are still holding and will not give up

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April 02, 2020, 07:39:05 PM
 #63

For those people who has been in the industry for some years and already know what are the different up's and down's of the market because they already have the experience on what would possibly thr next happening of the down of the market, it's either it will pump or dump but for all of us we are still holding our bitcoin for huge profit after this pandemic problem.
It takes a strong mentality to be a holder during crises and trends that tend to fall, but this is also a good opportunity to fill bags with more BTC. If it bounces, it will benefit, it is not easy because it must be based on careful analysis and consideration, it requires patience.
Well, in the midst of extreme market dynamics, it's better to avoid new coins or tokens, the risk is great.

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April 02, 2020, 07:53:41 PM
 #64

Since I have heard so many news and opinions from critics, I began losing.

Just use common sense when you invest it's that simple

Buy low, sell high and by low e.g. wait for red candles and oversold flashing and high when a run of positive price appreciation and offload then if you like short to medium term trading

Or just accumuldate at a set price point and HODL for the long haul

You pretty much can't lose when it's this cheap unless there's a particularly unexpected major further downturn on the tradition stock market indexes

Also try checking this metric for some over exaggerated fundamental indicator https://alternative.me/crypto/fear-and-greed-index/

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April 02, 2020, 07:58:51 PM
 #65

For those people who has been in the industry for some years and already know what are the different up's and down's of the market because they already have the experience on what would possibly thr next happening of the down of the market, it's either it will pump or dump but for all of us we are still holding our bitcoin for huge profit after this pandemic problem.
And seriously, we can't really blame the people who dumped their coins after seeing what happened, a 40% decreased had happened in a matter of weeks. Sure, there are bigger dumps in bitcoin's history than this but in a beginning cryptocurrency investor, this means a lot. And number 2, pumps like this weed out weak-hearted investors that are just after easy money. The unsightly price of bitcoin may have put a bad taste on their mouths, but that is better than them dumping out after an all time high.
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April 02, 2020, 10:01:42 PM
 #66



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April 02, 2020, 10:05:42 PM
 #67

For those people who has been in the industry for some years and already know what are the different up's and down's of the market because they already have the experience on what would possibly thr next happening of the down of the market, it's either it will pump or dump but for all of us we are still holding our bitcoin for huge profit after this pandemic problem.
It takes a strong mentality to be a holder during crises and trends that tend to fall, but this is also a good opportunity to fill bags with more BTC. If it bounces, it will benefit, it is not easy because it must be based on careful analysis and consideration, it requires patience.
Well, in the midst of extreme market dynamics, it's better to avoid new coins or tokens, the risk is great.
The only thing that makes it harder is the feeling that we are worried about the incoming that will affect our decision making.
Buy, hold or sell...that is everything we do. I'm not a long-term holder but sometimes I do holding when I saw there is no reason to sell it. And for the time like we have now, it all in mix emotions and can guarantee that people will keep holding (even me). Because at this time we need the money and often to think those people who have no other resources will surely sell it now. Well, this could give an opportunity for buyers.

This gonna be our life, we decide to sell because we think that is the best/right thing to do and that is not a mistake that others may say.
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April 02, 2020, 10:21:21 PM
 #68

For those people who has been in the industry for some years and already know what are the different up's and down's of the market because they already have the experience on what would possibly thr next happening of the down of the market, it's either it will pump or dump but for all of us we are still holding our bitcoin for huge profit after this pandemic problem.
It takes a strong mentality to be a holder during crises and trends that tend to fall, but this is also a good opportunity to fill bags with more BTC. If it bounces, it will benefit, it is not easy because it must be based on careful analysis and consideration, it requires patience.
Well, in the midst of extreme market dynamics, it's better to avoid new coins or tokens, the risk is great.
The only thing that makes it harder is the feeling that we are worried about the incoming that will affect our decision making.
Buy, hold or sell...that is everything we do. I'm not a long-term holder but sometimes I do holding when I saw there is no reason to sell it. And for the time like we have now, it all in mix emotions and can guarantee that people will keep holding (even me). Because at this time we need the money and often to think those people who have no other resources will surely sell it now. Well, this could give an opportunity for buyers.

This gonna be our life, we decide to sell because we think that is the best/right thing to do and that is not a mistake that others may say.
It wont really be a mistake specially if this one would be used for our own survival or needs.Theres no point of holding into something for long
term no matter what if you are already dead.We are really on a difficult situation that would need up funds for us to use specially into this pandemic
problem we are facing now.You are right that not all people would have that hodler mindset because when emotion do get or sit in,then our views
in life or goals will surely changed.Its no bad to sell and also no one would able to stop you on what you gonna do into those coins youve been holding
neither purely on btc or some alts.

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April 02, 2020, 11:40:37 PM
 #69

I don't see how people who are hold will stop being hold because of this pandemic.
The only reason they stop holding and decide to sell their Bitcoin is they need urgent money. We cannot blame some people who sell their Bitcoin in this situation, see what their reasons. Not all people have enough money, some of them may have no choice than to sell the Bitcoin.

~ most of the people who are constantly making price predictions and also hold have not yet come to say that they have given up hold ~
This is true, commonly people continue holding and never declare to stop. I do the same thing, but honestly sometimes I sell my bitcoin for daily needs. I think holding Bitcoin is a must but fulfill daily needs is also a priority. So, just keep some Bitcoins and make others be flexible (sell/hold).

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April 03, 2020, 06:17:38 AM
 #70

I'm selling in small quantities, basically a inverted DCA strategy.

I have been holding at least half a bitcoin since 2015. Today I have much more than that, so I believe I'm too much exposed to market swings. I didnt see any of the mega profits the bulltards from the hodler's cult talk about.

Great choice.
I still hold until now. Regardless of the market swings, this isn't the worst market downfall. We have experience more difficulties in the market before but what makes me keep on holding is the fact that the market will still recover like before.
There are times I also wanted to convert some of my btc but i still have spare money to spend so I will just continue to hold.
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April 03, 2020, 07:04:12 AM
 #71

The whole world is currently facing difficulties at the moment but not enough to lose hope, in life there are good times and bad or not so good times and this particular period is one of such not so good times, crypto is no exception, the market maybe a bit discouraging and look like it will never go back up but it will and so is the current difficulties the world is facing right now, everything will be fine eventually.

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April 03, 2020, 07:11:03 AM
 #72

I'm selling in small quantities, basically a inverted DCA strategy.

I have been holding at least half a bitcoin since 2015. Today I have much more than that, so I believe I'm too much exposed to market swings. I didnt see any of the mega profits the bulltards from the hodler's cult talk about.

Great choice.
I still hold until now. Regardless of the market swings, this isn't the worst market downfall. We have experience more difficulties in the market before but what makes me keep on holding is the fact that the market will still recover like before.
There are times I also wanted to convert some of my btc but i still have spare money to spend so I will just continue to hold.


Regarding on this thing I'm still hodling a certain percent since I'm at lost when the market fall down and slowly I do some short trades to regain back my losses and slowly by slowly I manage to earn back what I lose before. And its best decision not to sell since for sure after the crisis ends we will see the price skyrockets since halving still there coming.

R


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April 03, 2020, 07:14:58 AM
 #73

I don't see how people who are hold will stop being hold because of this pandemic. although we are facing a global disaster most of the people who are constantly making price predictions and also hold have not yet come to say that they have given up hold which in my opinion is a great sign that holders are still holding and will not give up

Because those who make predictions are still confident that bitcoin will reach its peak in 2020, why is that?
Because I think every country will start thinking of how to be able to suppress the weakening of their country's currency so that it does not further decline, of course this will also have an impact because the technology currently being developed is digital media and blockchain that continues to grow, I think the election to adopt bitcoin in some countries will happen to suppress the weakening of the currency.

We can see that the European countries themselves have started to adopt bitcoin as an alternative payment tool to break up the public, so they don't panic selling on their stock exchanges.
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April 03, 2020, 07:31:46 AM
 #74

I'm selling in small quantities, basically a inverted DCA strategy.

I have been holding at least half a bitcoin since 2015. Today I have much more than that, so I believe I'm too much exposed to market swings. I didnt see any of the mega profits the bulltards from the hodler's cult talk about.

Great choice.
I still hold until now. Regardless of the market swings, this isn't the worst market downfall. We have experience more difficulties in the market before but what makes me keep on holding is the fact that the market will still recover like before.
There are times I also wanted to convert some of my btc but i still have spare money to spend so I will just continue to hold.


Regarding on this thing I'm still hodling a certain percent since I'm at lost when the market fall down and slowly I do some short trades to regain back my losses and slowly by slowly I manage to earn back what I lose before. And its best decision not to sell since for sure after the crisis ends we will see the price skyrockets since halving still there coming.

I think this is one of the good experiences for us when investing funds in bitcoin, because with the condition of the corona outbreak that previously did not exist we can get a new lesson that bitcoin movement does not really affect the movement of bitcoin, of course this will be very good for the volume trading and trust for everyone to invest a number of funds besides buying in gold, because movements that tend to be stable will be able to make the development of bitcoin will continue to move positively.

If you take into account the technical analysis for the lowest bitcoin price movements only up to $5500 for 2020, this shows that support has not been broken and is likely to continue to strengthen with a target at $9900 before continuing to rise when the corona outbreak has begun to decline throughout the world later.
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April 03, 2020, 07:48:06 AM
 #75

If you are new to blockchain, will you consider buying bitcoin these days?  Huh
after reading about blockchain technology, and then them want to try the features of blockchain technology!, of course a beginner can immediately buy bitcoin, after they try it with blockchain technology and then them glad this technology, they will buy bitcoin more Wink
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April 03, 2020, 07:48:58 AM
 #76

I'm not an expert but with such questions, I'll definitely keep my bitcoin.

Why should I sell it at the wrong time? I don't have reason to sell and I'm still in the right thinking that will never sell during this crisis.

You are right to have said this, what will be my gain whenever I sell my long-term saving Bitcoin? Basically, this happenings have been here for a long time and whenever things go  like this there's a possibility of price shut. For those who are selling their portfolios should know this: time shall come when you can't buy NIR earn Bitcoin from life anymore because, by then the bigger boys and girls will have taken the larger part of the market. No matter what happen today or next am not move to sell my portfolios when it's not time to do so.

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April 03, 2020, 07:52:28 AM
 #77

I am not just holding my bitcoin, but I also sell some part of bitcoin because I have another reason. I sell some portion of bitcoin for my daily needs and to sell at a high price and then buy back again when it is down. I already sell the bitcoin at $7,000, and now I wait for another low price if that will happen in the next hours, but I already buy some part of bitcoin at $6,780. I hope that the down price will not occur, but the price will be back to increase more than $7,000. But hold is the right decision at this time if you don't want to get stuck at a high price after you buy bitcoin because of the market still unpredictable.

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April 03, 2020, 11:53:23 AM
 #78

It is really hard to predict what the future holds for bitcoin but the truth is that bitcoin is here to stay. Day by day we hear and see peoples view about crypto and amid this global crisis, the price of crypto has fell and also increase which makes people in doubt to think otherwise. If you are someone that holds bitcoin for a long time gain. I will indulge you to stick to your ideology. I wish you the best
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April 03, 2020, 01:14:10 PM
 #79

With the banks are doing they're just making it much worse so i would suggest to diversify your investments and began expanding your portfolio by venturing to potential safe havens such as cryptocurrencies. Other proven and tested assets such as gold is also good if this financial crisis gets worse due to the pandemic spreading.

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April 03, 2020, 01:52:27 PM
 #80

It is really hard to predict what the future holds for bitcoin but the truth is that bitcoin is here to stay. Day by day we hear and see peoples view about crypto and amid this global crisis, the price of crypto has fell and also increase which makes people in doubt to think otherwise. If you are someone that holds bitcoin for a long time gain. I will indulge you to stick to your ideology. I wish you the best
- We can really only see a vague future with long-term bitcoin holdings but at a difficult time, holding is a suitable option because all the action that buy and sell right now can create future regrets when bitcoin and the market go down just temporarily, the value will not be able to go down forever when so many people are holding, they will not let their investment become rubbish, just this stage is not yet suitable for pumping. After overcoming this difficulty, we should plan on holding time, buy and sell actions will be prioritized, rather than passive and waiting


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