We are having the difficult time, are you still a Bitcoin HODL？

[Bezobraznike]

I am not holding only Bitcoin, there are other places I have invested my money as of now. And I wouldn’t be telling you to HODL, I don’t even know whether the price is going up next or down, I’m just only wishing that it does go up.

   I hold other alt-coins too, not just Bitcoin! After some time in crypto-currencies and reading about all
other projects, beside Bitcoin and Ethereum, I got a feeling that I can't miss to invest in some of them!
   Bitcoin and Ethereum are my first two choices, most of my investment goes in one of these two. But
I always leave some small part and invest in some alt-coin I find attractive for long-term holding.
   I still hold my first purchased Bitcoins and all other alt-coins!

[Ailurophile]

I still hold some crypto at my wallet but to be honest with you I am converting it little by little every time that I would need some money for expenses.
Right now we couldn't do anything but to wait for things to go back normal but we are lucky enough to be able to earn on the internet and to have some savings at the time like this,
But my savings isn't that big so I hope that soon we could go back to our regular work to sustain what we have and so that I could continue to hold what I have left in my crypto wallet.

[FanatMonet]

Personally, I will keep bitcoins, I kept them when they cost $ 300, I kept them when they were $ 20,000, I hold them now. Moreover, a halving will soon occur, and this should be a good growth driver, the main thing is that the outbreak of the coronavirus subsides.

[pawanjain]

We don't know what the future holds for us and nobody can accurately predict if a crisis can evolve or decline bitcoin.
In my opinion, we should try to invest in many things and diversify our portfolio for real.
Bitcoin can be one of our inevstments. Also, we should learn to live with the least amount of things.
If we can survive without selling our bitcoins then we should not consider selling it at all.
I am pretty sure I don't have any need right now to sell it and so I will be holding it for a very long time.

[aysg76]

I'm pretty sure history has taught us various lessons in which "holding" has been the best choice. Off course people do dare to trade with huge amounts but the risk involved is a lot.

If you sincerely buy small amount of BTC everyday and hold it then also mathematically you will end up with good deal in future when price hikes a bit.

[TrevorS]

Judging by the statistics, there are more bitcoin holders now than in 2017. I’m talking about the ratio of wallets with a balance of more than 1000 BTC in 2017 and 2020.
We can make an unambiguous conclusion that major players continue to recruit positions this year.
I think this is a good sign, even if we do not see growth this year, large players are clearly preparing for something.

[HardFacts]

I'm pretty sure history has taught us various lessons in which "holding" has been the best choice.

WRONG, WRONG, WRONG...

History is full of Bankrupt people that held onto losing investments for to long....

The days of the ECONOMIC BUBBLE are OVER, using bitcoins short history in the economic bubble is worth exactly ZERO now....    BitCoins reaction to the economic crisis should worry everyone   

Hard Facts

[Kelvinid]

Judging by the statistics, there are more bitcoin holders now than in 2017. I’m talking about the ratio of wallets with a balance of more than 1000 BTC in 2017 and 2020.
We can make an unambiguous conclusion that major players continue to recruit positions this year.
I think this is a good sign, even if we do not see growth this year, large players are clearly preparing for something.

Maybe they are preparing for the future and accumulating more bitcoins today will have passive results in the next year and the next to follow. Indeed, many people are having a good position but the influence of market dumpers still affecting the trend. This kind of drama has nothing to have it end as I think.

[imstillthebest]

Judging by the statistics, there are more bitcoin holders now than in 2017. I’m talking about the ratio of wallets with a balance of more than 1000 BTC in 2017 and 2020.
We can make an unambiguous conclusion that major players continue to recruit positions this year.
I think this is a good sign, even if we do not see growth this year, large players are clearly preparing for something.

Maybe they are preparing for the future and accumulating more bitcoins today will have passive results in the next year and the next to follow. Indeed, many people are having a good position but the influence of market dumpers still affecting the trend. This kind of drama has nothing to have it end as I think.

your right . dumpers is a part of this game but if you are going to get affected by them then that is already your fault  .  

many hodlers are also exist because of the crisis  aside from the fact that many hodlers exist by this year because cryptos are now becoming well known , also means that people see a big potential to it  .  in difficult times , the best way to do is to hodl than on spend but this can changed whenever the dificulties ended  up in later times  .

[panganib999]

Despite of the crisis our world is experiencing nowadays, that also affects the recession of the cryptocurrencies in the market, I still manage to keep on holding and keeping my cryptocurrencies intacked with me because in my entire journey in this industry I have already seen lots of circumstances this industry have faced but still managed to recover after a span of time. Staying or keep on holding into cryptocurrencies like Bitcoin which is the very well known and is prone to undergo on ups and downs is a matter of choice and belief because we all do have different reasons why we keep on staying and holding into the cryptocurrency we have specially with regards to Bitcoin. In my case, I still keep on holding up into Bitcoin despite of this difficult time because I believe this situation is just temporary and the marker can still be able to recover after such time. I am just having an optimistic point of view to keep on holding and a strong belief to be able to carry out despite of this recession.

[Farma]

Judging by the statistics, there are more bitcoin holders now than in 2017. I’m talking about the ratio of wallets with a balance of more than 1000 BTC in 2017 and 2020.
We can make an unambiguous conclusion that major players continue to recruit positions this year.
I think this is a good sign, even if we do not see growth this year, large players are clearly preparing for something.

in fact, there are still many people who expect the price of bitcoin, and altcoin to rise. because of this, I conclude that there are still very many people holding their assets now. although the conditions are still unstable, but I think a good signal, halving, and other information will lead to an increase in the price of bitcoin. hold bitcoin and altcoin we have today.

[Savemore]

The issues are still hot between a holder and a trader, both of the side are proving that they are more useful and effective than the other one. I think it is normal because we have different set of views and beliefs and that we makes as human after all. I do not hold anymore because it is what I learned during this past years, I will only hold bitcoin again when the market will look healthy again where the prices are continuing to go up.

I really regretted the time when the price of the bitcoin reached its ATH because I didn't sell my bitcoin due to my greed. I learned now from my past mistakes and I will now avoid it again and that is why for me it is better to do short term trade.

[denzkilim]

It is still possible that the price will go down before or shortly after halving. However, the price history of Bitcoin says that the price increases a few months after halving. I think that the recession on the world market will also positivly affect the price of Bitcoin in the second half of this year. If someone wants to take a chance, they can now sell and within a month or two it is possible to buy back cheaper. However, in my opinion, the least risky will be to wait and hold, because the price increase can start at any moment.

You are right about the history. It happened in both 2013 and 2017 (approximately one year after the block reward halving on both the occasions). So if we go by this precedent, then we can expect another ATH by 2021. I just hope that I may not regret too much in case something like that happens. But I have made my decision to offload some of my coins this year.

No one can really predict the future but I do hope that a new ATH will occur. I also offloaded some of my holdings this year because of the calamity that is currently happening right now and I really needed some cash in my pocket to buy necessities for daily lives. I do still believe in Crypto Curreny and its future during these difficult times.

[TitanGEL]

Judging by the statistics, there are more bitcoin holders now than in 2017. I’m talking about the ratio of wallets with a balance of more than 1000 BTC in 2017 and 2020.
We can make an unambiguous conclusion that major players continue to recruit positions this year.
I think this is a good sign, even if we do not see growth this year, large players are clearly preparing for something.

in fact, there are still many people who expect the price of bitcoin, and altcoin to rise. because of this, I conclude that there are still very many people holding their assets now. although the conditions are still unstable, but I think a good signal, halving, and other information will lead to an increase in the price of bitcoin. hold bitcoin and altcoin we have today.

There is a new statistics that most of the people who hold cryptocurrencies are the one who are vulnerable to losses.  In these time of crisis, investors are most likely to withdraw their investments and convert it to cash because of the global panic that can affect the price of the bitcoin. I do not hold but I buy bitcoin to trade it and not to keep it in my wallet. There are short opportunities that I want to ride because it is what I used to do and that is why I do not hold today.

[BitcoinsGreat]

Bitcoin history teach us that every panic time to buying time and every fomo time is selling time .

I also hold and trying to buy every dip in all deep and big crash step 

Its always difficult to determine which is a perfect buying or selling time. I always prefer long term investment in bitcoin. If you have the power to hold the bitcoins for over a year or two, you can easily make a lot of good profit from it. But there are people who do not have extra money for investment in bitcoins, so they need quick profit for their investment in bitcoins which is not always possible.

[ChiBitCTy]

I think its important to remember regardless of all else...you need to make sure you've got a sound portfolio before "investing" in assets with such high risk.  A basic portfolio will start with your retirement plan, your mid and short terms savings.  If these are not yet established, then you need to re-think your holdings.  Bitcoin is a very speculative and volatile assets.  You should purchase it expecting to lose it all ( that is if you're buying it with the mind of it increasing as an asset and not just using it as a currency).  Only buy what you're willing to lose , as goes for any sort of asset you purchase that is speculative .

[Kez1817]

Bitcoin is already tested no matter what will happen and no matter what difficulties we are facing right now,i still believed in bitcoin and hold it until it's time to grow up again. Anyway ,look at the market even though we are in pandemic crisis ,bitcoin is still valuable and it won't go down. Panic won't help us to survive.

[NicosUK]

same with every other investment, its always important to only invest what you can lose, and believe you have already lost it. That way you dont cause anxiety for yourself, and pour your energy into something else that is more productive than looking at the monitor wondering when it will Moon. Maybe even check back a year later. BTC has proven year after year, that it is one of the best investments with the highest ROI in comparison to majority of other available options that are available to normal everyday people.

The problem with a lot of new investors is that they think you invest today and tomorrow youre a millionaire. For seasoned investors, this up and down thats happening, is just part of a yearly thing thats going on. Stay away from futures, gambling sites and scam quick rich schemes and you should be steadily earning returns from your investments in the next few years.

Regardless. in every economic situation there is always an opportunity to make money. Just DYOR and dont entirely trust one source in medium.