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[AakZaki]

Holding bitcoin becomes an excellent choice in the long run. The price of bitcoin is currently growing. Continue to hold Bitcoin and always add to the collection of bitcoins that have provided many opportunities to be able to enjoy the success of bitcoin in the future. Maybe the risk to go down and and other risks is quite high, because the price of bitcoin is indeed very volatile. I hope that more mass adoption of BTC will make BTC more known and widely used, so that the price will continue to rise above the estimated price I want to achieve.

[Joyawan13]

yes, that's what we should do to keep holding and storing the bitcoin that we have today, fortunately for someone who has bought bitcoin when lowering the price to around 3500 $, And still holds it today and still keeps it, because I too have speculation that bitcoin will raise the price at a higher price rate and it will certainly surprise many people, so investing in bitcoin for the long term is the best choice.

[Fatemablabla]

I'm holding bitcoin with 80% of my investment. And with other 20% I'm trying to play around and make some profit. Also watching the price of bitcoin to fall down. So that I can buy some more Bitcoin in lower price. 

[conhela]

From the historical data, bitcoin prices and bitcoin supplied by miners to the exchange show a negative correlation. In other words, the less bitcoin miners transfer to the exchange, the greater the probability that the currency price will bottom out.

Correlation is not causation.
That's not an assumption you can make based on your data.

This just means there is a connection between these two events. But one does not cause the other.

True, another important factor to consider right now is the pandemic itself, will the pandemic translate in a net gain or net loss to the cryptocurrency sector? Is actually a bit hard to tell. I've actually been seeing more and more that the current pandemic has brought changes in regulations for crypto, not all positive, but also not all negative, so it's really hard to gauge the many factors at play.

This article talks a bit more about the regulations that have changed thanks to covid, in case you're interested: https://dailyhodl.com/2020/04/25/bitcoin-as-a-legal-financial-instrument-and-tender-how-covid-19-is-changing-crypto-regulations-worldwide/

Either way, only time will tell for sure. We can only speculate for the time being.

[samcrypto]

Many says holding is not good at all but for me when it comes to bitcoin, I should be more happy if I keep holding on it until bitcoin makes a new all time high simply because I believe on its technology and I know the demand will increase later on and bitcoin will pump again.

I'm holding bitcoin with 80% of my investment. And with other 20% I'm trying to play around and make some profit. Also watching the price of bitcoin to fall down. So that I can buy some more Bitcoin in lower price.  

I’m also waiting for bitcoin to make a healthy corrections so I can still buy a cheap bitcoin, we should be more patient for this one cause we might not be able to see bitcoin below the price of $8k again.

[finaleshot2016]

I'm holding bitcoin with 80% of my investment. And with other 20% I'm trying to play around and make some profit. Also watching the price of bitcoin to fall down. So that I can buy some more Bitcoin in lower price.  

Same, I'm waiting for Bitcoin to drop at 5-8kk USD so I can literally make a huge profit when the new ATH occurs. We can also buy at the mark of 8k USD since bitcoin is trying to resist on the 11k USD mark right now and might occur a bull run.

One of my regrets that I didn't bought bitcoin on the early 2020.

[Nellayar]

Holding bitcoin for a long term is good. The fact that bitcoin doesn't exceed yet its ATH, you can still hold bitcoin. However, it may take a year or more. It is also risky to hold bitcoin because it is volatile. It may goes up and down rapidly as well. If you are really supporter of bitcoin then I think it is better tl buy and hold it right now.

Another one, buying bitcoin depends upon our entry point. Imagine those people who bought at 19K dollars, even they hold it till now they won't even get their 25% of their capital. That's why technical analysis is important.

[kawetsriyanto]

The supply of bitcoin has recently hit a new low for the year, this means there are fewer and fewer people selling bitcoin in the market.

Are you sure about this? Do you get any data from valid sources or do your own research?
If it is true, it may be a good sign for the holders to keep the Bitcoins. Even no guarantee for a big bullish later, it potentially has higher demand because some people still expect the impacts of halving at the end of this year or in 2021. As long as halving can rise positive perception about Bitcoin price on the market, I am pretty sure that we have a chance for another potential bullish. IMHO

[Oasisman]

I'm holding bitcoin with 80% of my investment. And with other 20% I'm trying to play around and make some profit. Also watching the price of bitcoin to fall down. So that I can buy some more Bitcoin in lower price.  

Same, I'm waiting for Bitcoin to drop at 5-8kk USD so I can literally make a huge profit when the new ATH occurs. We can also buy at the mark of 8k USD since bitcoin is trying to resist on the 11k USD mark right now and might occur a bull run.

One of my regrets that I didn't bought bitcoin on the early 2020.

One of the biggest mistake and regrets everyone has made so far this year is when we didn't able to buy during the lowest price mark of Bitcoin last March, which I remember It drops almost $3,900. Though I bought some fragments at around $6,000 level, but still I consider those people who buy at the lowest very lucky.
Some might have sold their Bitcoin when it hits the $10,000 resistance level, but IMO holding it for a little more might be wiser because we're definitely approaching the bull market sooner or later next year.

[Lanatsa]

I'm holding bitcoin with 80% of my investment. And with other 20% I'm trying to play around and make some profit. Also watching the price of bitcoin to fall down. So that I can buy some more Bitcoin in lower price.  

Same, I'm waiting for Bitcoin to drop at 5-8kk USD so I can literally make a huge profit when the new ATH occurs. We can also buy at the mark of 8k USD since bitcoin is trying to resist on the 11k USD mark right now and might occur a bull run.

One of my regrets that I didn't bought bitcoin on the early 2020.

One of the biggest mistake and regrets everyone has made so far this year is when we didn't able to buy during the lowest price mark of Bitcoin last March, which I remember It drops almost $3,900. Though I bought some fragments at around $6,000 level, but still I consider those people who buy at the lowest very lucky.
Some might have sold their Bitcoin when it hits the $10,000 resistance level, but IMO holding it for a little more might be wiser because we're definitely approaching the bull market sooner or later next year.

Lucky indeed but if the price drops more then those people who purchase or buy into that certain time would really be on losses and still holding as of this day.

People do have different set of goals neither they would sell for short time or going to hold like forever.We do already know its potential thats why its no surprising that lots of people been holding

for now but actually the main idea on why bitcoin is being created is for the sake of new payment system which do means it should really circulate but people are doing the opposite

but well i cant blame them of.

[Yamifoud]

It is to say that Bitcoin might it drops hard at any moment but I don't think it was a worrying moment to come and we should have to be panic. Even it dump hard but it doesn't mean that we are in the near end. It eventually rising up back high again as the scarcity started and it turns to the increase in market demand. May we find out that only a few of bitcoin holders are selling this time, this it means that more people are holding it and patiently waiting for the Bullrun.

It is the risk of holding unless it is worthless coin but believing Bitcoin will still survive and could recover any time, I better to hold it rather than to sell. The halving effect will come sooner and I know that many had to believe that the trend will be changing.

[FlightyPouch]

I'm holding bitcoin with 80% of my investment. And with other 20% I'm trying to play around and make some profit. Also watching the price of bitcoin to fall down. So that I can buy some more Bitcoin in lower price. 

I am doing the same. The op also says that it might just drop at any moment but I don't think it will be that scary at all. Investors will immediately take advantage of that droo and eventually, it will just go back to the normal price in a small period of time. Also, it is really favorable for a lot of investors.

[taufik123]

-snip-
Another one, buying bitcoin depends upon our entry point. Imagine those people who bought at 19K dollars, even they hold it till now they won't even get their 25% of their capital. That's why technical analysis is important.

Buying at a high price when the price of $19k is a very bad decision. This is due to the FOMO that continues to occur as long as Bitcoin reaches a price of $20k, many are trapped between these prices. If someone trapped in the price of $19k - $20k still survives until now, of course they believe that bitcoin will exceed the price of $20k someday.

But the fact is that most of the trapped among high prices are ordinary people or beginners who are new to bitcoin, when they dump prices and panic and start selling them cheaply.

Technical analysis is the main requirement in order to be able to read the movements of bitcoin, but the analysis must also be supported by Fundamental which will certainly affect the price of bitcoin because of the various news that made fishing the price of bitcoin to go up and down.

[michellee]

I am sure many of us still hold bitcoin from a long time ago because we want to sell bitcoin at the highest price. But if we only hold it without use to trade, I think we can not increase the amount from trading because, with trading, we will have a chance to make a profit in bitcoin or usdt which we can use to buy more bitcoin when the price is down. But if you only want to hold your bitcoin without trading, then that will be no problem since we have a different strategy on how to make a profit from bitcoin.

[carlisle1]

The supply of bitcoin has recently hit a new low for the year, this means there are fewer and fewer people selling bitcoin in the market. Although the demand has not increased significantly, but at least this position is hard to see a big Callback*.* So even if you are not bullish at this position, do not easily bearish, otherwise it is likely to reverse the direction.

At the same time, the sales volume of miners in the past month has also decreased significantly, setting a new low of nearly one year, which is also one of the reasons for the sharp reduction in the supply of Bitcoin. Miners no longer sell bitcoin, the future bitcoin price is more likely to rise. From the historical data, bitcoin prices and bitcoin supplied by miners to the exchange show a negative correlation. In other words, the less bitcoin miners transfer to the exchange, the greater the probability that the currency price will bottom out. On the contrary, the currency price will fall.

Yellow is the miner's deposit, and black is the price of Bitcoin

Therefore, it is recommended to continue to hold bitcoin, stay on the sidelines, and do not easily sell out.

Thanks for the advice mate but yeah,I will still hold my Bitcoin and willing to wait for another year because i know that this year wont be as better as what 2017 give,also there are chances that Bitcoin will subside again for the next months of this year like what is happening this past months.

I am sure many of us still hold bitcoin from a long time ago because we want to sell bitcoin at the highest price. But if we only hold it without use to trade, I think we can not increase the amount from trading because, with trading, we will have a chance to make a profit in bitcoin or usdt which we can use to buy more bitcoin when the price is down. But if you only want to hold your bitcoin without trading, then that will be no problem since we have a different strategy on how to make a profit from bitcoin.

Actually there are some of us who sold their Bitcoin even if not in the highest Value for a chance of buying altcoin because this past months some altcoins make growth in silence and overtaking the percentage bitcoin climbed.

[Haunebu]

Buying at a high price when the price of $19k is a very bad decision. This is due to the FOMO that continues to occur as long as Bitcoin reaches a price of $20k, many are trapped between these prices.

This market is a risky environment and every investor is aware of it. However, this doesn't necessarily mean that investing during BTC's ATH period is a bad move since it could reach a new ATH in the long term as long as the investors HODLED successfully until that point.

Think about it. BTC was valued at a few cents back in 2009. Now, it is worth thousands. The same thing can repeat in the future though no one can know for sure.

[lienfaye]

Im holding my bitcoin for few years already though I take profit at times if there's an opportunity to do so.

Since bitcoin is unpredicted we are aware that the price can drop or increase drastically, thats the nature of crypto.

So if you're willing to take the risk of holding despite of the negative price speculation then continue what you're doing and believe that the price will reach your target value.

[thesmallgod]

This is exactly what has been projected to happen long time even before the last month halving but I believe the steady rate of the decline of the trading volume has been quiet noticeable ever since the price of the bitcoin suddenly jump back from 10k to 9.5k plus. I believe traders are waiting to see the next big move of bitcoin. While I will not discourage people from holding but we also know that crypto market have always been use as pawn by the whale who sometime crash the market.

[bitbunnny]

This is exactly what has been projected to happen long time even before the last month halving but I believe the steady rate of the decline of the trading volume has been quiet noticeable ever since the price of the bitcoin suddenly jump back from 10k to 9.5k plus. I believe traders are waiting to see the next big move of bitcoin. While I will not discourage people from holding but we also know that crypto market have always been use as pawn by the whale who sometime crash the market.

I don't think that price suddenly pulled back from 10000$ to 9500$.  If yuu ask me that was expected. Price pumped rather fast to 10000$ but it was obvious that it can't stay there and that was only short term jump.
However, holding at least a part of coins is always a good idea and sooner or later price will cross 10000$ and grow even further, we just need to be patient enough.

[boyptc]

The increase in demand is yet to come. It's too early to assume that the demand is increasing because the halving just came in. But in the long run, we'll see that the demand will increase. Each year that's coming to bitcoin will make it harder to own 1.

Well as you can see on the bitcoin graph, the demand increased when the halving took place. That demand growth is obvious in the first look, and to consider the massive speculation for the halving 2020 it is expected to be that way, the only thing we expected but did not come is the price speculation, literally the bitcoin stays at the range that I though it would be impressively it reached the $10K mark in the month of May, then just days ago of this month. We still can't see the shortage of the supply since the demand is low, but in the future days we might able to see that.

There will be higher than what we're experiencing today. And because of the halving, it will make the demand of bitcoin on the upper hand.

Some are scared because of the potential that many miners will shut their equipment but if it happens, there will still be some of them that will continue to mine. I'm long and hopefully, others will hold too until you can.

Only those miners who carry low-end equipment who does not want to upgrade because of an expense is the one who will be saying goodbye.

Well, it's been expected that even others will stop. There will be miners that are unstoppable despite the increase of difficulty and lower rewards.