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Ridwan Fauzi
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June 19, 2020, 01:25:46 PM
 #101

Undoubtedly, Bitcoin is very profitable for long-term investments and any amount of Bitcoin in the cryptocurrency user's portfolio can make a person very rich after a certain time. but today, each person has different situations, especially given the impact of the pandemic on business. my permanent job does not bring me any profit, because it is quarantined. And so I have to gradually sell what I have kept for years. Of course, I do not sell everything in a row, because I try to minimize my losses and live with significant savings until this crisis passes.
Hopefully you're not in a lose situation, yeah it is hard thing to do. Selling bitcoin or our saving money that we expect we can buy anything in the future due to pandemic situation. I'm quarantined as well, in three months ahead I will not get a salary whilst I need it to buy some basic need. There is no way to sell bitcoin that I collected for almost seven months, greatfully I got profit in it but I will be regret later because I sell it now.

Indeed, bitcoin is suitable investment place for long term investment. Moreover with the current situation where a lot of countries have trying to adopt it and legalized it as a comodity (as mean of payment system in several countries as well) will bring it to high price in the future. Even, there are some expert already who predict bitcoin that its price will high in the future.
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June 19, 2020, 01:34:07 PM
 #102

I have been holding for five years. Three and a half of those years were bear markets.

Previous cycle didnt have this long hybernation. If there is not a bullrun, selling is what it will be.

Wow. I envy your patience. Judging by the terms, your profit reached 20-30X in some moments and you did not complete the sale. Perhaps the amount of investment was insignificant for you and you did not care much about it? Otherwise, it’s hard for me to understand why you did not sell at least part of the investment.


Between 2015 and 2017 it was less than one bitcoin, but the amount increased after 2017.
In fact, I only bought in 2015 to pay for cloud services. Since the beginning I had the intention of use it. Only later I noticed it was only being used for speculation.

In the second half of 2019 I started to sell periodically, in what I termed "inverted DCA".
I'm still doing that to this day, but this year I started to stack some into ether, after I read about its current development.
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June 20, 2020, 08:01:14 AM
 #103


Bitcoin after the halving has always moved up in the next 1 year and if seeing the charts as well this looks good to hold or to buy on the fallen price as this gives us a good chance to enter the market on lower value and then hold it for the coming months. We can see a good momentum in future as well with bitcoin.

for this reason, it looks like we need to hold some assets. there is a possibility that the price of bitcoin can go up now, and that can happen at any time. however, the biggest possibility of an increase in the price of bitcoin can occur in 2021. However, I still hold bitcoin at this time, because it could have a high potential increase at the end of the year.

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June 20, 2020, 10:31:31 AM
 #104

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 boosting us Holders because some are losing hope specially when the Dumping happens when they were just starting to Buy in fair prices.
But me?nope i will never lose hope because i already saw the capacity of Bitcoin when the price reached highest at 20$k last 2017.

and also i will not let my investments comes to nothing when the amount in invest here are the Money i can afford to lose.

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June 20, 2020, 03:16:26 PM
 #105

I think the current market trend is Bullish, because the history of previous years shows like that,
but the market is currently confused, hopefully bitcoin is in strong support

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June 20, 2020, 03:54:37 PM
 #106


Bitcoin after the halving has always moved up in the next 1 year and if seeing the charts as well this looks good to hold or to buy on the fallen price as this gives us a good chance to enter the market on lower value and then hold it for the coming months. We can see a good momentum in future as well with bitcoin.

for this reason, it looks like we need to hold some assets. there is a possibility that the price of bitcoin can go up now, and that can happen at any time. however, the biggest possibility of an increase in the price of bitcoin can occur in 2021. However, I still hold bitcoin at this time, because it could have a high potential increase at the end of the year.

Possibilities are always there and since halving is already hit the floor for sure we will see something great on next year if the economy will slowly rebuild back and investors will released their money for investments, I still hold some bitcoins at this point and even if I dump it now still I am in profit but will see and hold more to get a best possible output.

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June 20, 2020, 06:52:44 PM
 #107

HODLing until 100k. DCAing until 10k...
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June 20, 2020, 09:11:16 PM
 #108

Wow. I envy your patience. Judging by the terms, your profit reached 20-30X in some moments and you did not complete the sale. Perhaps the amount of investment was insignificant for you and you did not care much about it? Otherwise, it’s hard for me to understand why you did not sell at least part of the investment.


Between 2015 and 2017 it was less than one bitcoin, but the amount increased after 2017.
In fact, I only bought in 2015 to pay for cloud services. Since the beginning I had the intention of use it. Only later I noticed it was only being used for speculation.

In the second half of 2019 I started to sell periodically, in what I termed "inverted DCA".
I'm still doing that to this day, but this year I started to stack some into ether, after I read about its current development.

Thanks for the answer. It is nice to compare my assumptions with real information and understand that I was close to the truth  Smiley

As for ETH, I completely agree with you - there is a steep development and if it is successful, then great success is likely. In early March, I closed all my positions in the crypto and went into fiat, but if I see a favorable situation (most likely it will be after another deep dump) I will buy exactly ETH.

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June 21, 2020, 04:46:52 AM
 #109

What we see as miners not selling or at least not selling as much as they used to caused by the halving most probably because they are mining half of what they used to which causes them to mine less bitcoins and make less profits, which causes some of the lower end machines to stop working since they are not as profitable as they used to be or even not make any profit at all and cost money, so when that happens the system has less machines working and that means more clogs in the blockchain which causes the fee's to go up which causes people to use bitcoin less that ends up with the price going down. They are all connected to each other and very well reasonable things.

I would say price will not go down anymore just because the fee's already went up but went back down so we are beyond that level now.
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June 21, 2020, 07:21:06 AM
 #110


Possibilities are always there and since halving is already hit the floor for sure we will see something great on next year if the economy will slowly rebuild back and investors will released their money for investments, I still hold some bitcoins at this point and even if I dump it now still I am in profit but will see and hold more to get a best possible output.
that's why we always hope and always prepare assets, so we don't miss the next pump. There are only 2 possibilities that I think about when the pump will start, namely at the end of this year, or in 2021. However, we can only predict until now, and I think that is the biggest possibility.

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June 22, 2020, 06:52:13 AM
 #111

a lot of signals came out today, stating Bitcoin is still confused about going up or down, maybe you better let go of Bitcoin and go to altcoin,
because maybe the sideways will be very long in the $ 9000 zone
Bitcoin's price is suprisingly staying in $9,000 after the halving has occured, even it shows a downfall signal from the last few days. I assume bitcoin has a chance to increase and stay it's price to $10,000 next month, so it is better if we will continue to hold our bitcoin.

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June 22, 2020, 08:59:10 AM
 #112

a lot of signals came out today, stating Bitcoin is still confused about going up or down, maybe you better let go of Bitcoin and go to altcoin,
because maybe the sideways will be very long in the $ 9000 zone
Bitcoin's price is suprisingly staying in $9,000 after the halving has occured, even it shows a downfall signal from the last few days. I assume bitcoin has a chance to increase and stay it's price to $10,000 next month, so it is better if we will continue to hold our bitcoin.

I.don't think that is surprise for Bitcoin price to stay in 9000$ range. Yes, after the halving many expected strong price rise but there were actually no signs for that.
It seems that 10000$ barrier is hard to cross and even if it happens even harder to maintain. I think that Bitcoin price will stay in current range for a while without bigger changes, both in positive or negative way, but still the recommendation is to hold.

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June 22, 2020, 12:10:59 PM
 #113

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 Heads up mate,Yeah i will continue Holding not unless i have emergency that needed to withdraw my Holdings then i will have
no choice but to do it,But as long as i have the Guts and no in real needs?my Holdings will always remember
until 6 digits value reached.

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June 22, 2020, 05:04:27 PM
 #114

Hold Bitcoin for now, I highly recommend,
most likely will go to $ 9700 now, it's already $ 9500, hopefully in the near future

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June 22, 2020, 06:07:50 PM
 #115

Hold Bitcoin for now, I highly recommend,
most likely will go to $ 9700 now, it's already $ 9500, hopefully in the near future
Bitcoin is all weather investment in the crypto market and because the market is currently in green stance does mean the market will clinch the price range you rmentioned, remembered the market was said to be in manipulation realms and once the recently accumulators feel satisfied with their profit the market can dump again.
We have to wait until the halving is effect before we can be sure the trend the market will pose.

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bitgolden
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June 22, 2020, 09:11:34 PM
 #116

Bitcoin is a currency that really works for you even while you are sleeping. Think about it, it is pegged to dollars and USD is something that loses value every single year, even just this year they have printed trillions so it lost a lot of value in people's eyes. Wait and see, the damages of this year will come out in the future and not distant future neither and you will see how much bitcoin and gold increases because when dollar loses value that is what happens.

It is like putting your money into gold but more digital than that, it is scarce in numbers and it is valuable and people are using it. You can't just assume that you can remove bitcoin totally out of humanity from now on, it is already embedded in and it is not going to change at all from now on.

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June 22, 2020, 09:17:25 PM
 #117

a lot of signals came out today, stating Bitcoin is still confused about going up or down, maybe you better let go of Bitcoin and go to altcoin,
because maybe the sideways will be very long in the $ 9000 zone
Bitcoin's price is suprisingly staying in $9,000 after the halving has occured, even it shows a downfall signal from the last few days. I assume bitcoin has a chance to increase and stay it's price to $10,000 next month, so it is better if we will continue to hold our bitcoin.

Bitcoin is moving around that region indeed, and that's a good sign anyway. I mean, Bitcoin wasn't showing  a bearish mode from the last few weeks. When the price dropped at the edge of $9,000, It'll automatically bounce back in 24-48 hour span. There's just something that hinders Bitcoin to break the 5 digit level.
On the other hand, I didn't see any point of selling your Bitcoin at this current range. Bitcoin has a very good potential to break another ATH this year or next year, and finding the bottom might be very hard for accumulation again. So, better get hold firmly of your Bitcoins.
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June 22, 2020, 10:36:50 PM
 #118

Cryptocurrency investments are quite different from other investments because the speculative nature of the market is too strong here. Volumes are everything.

The whole market depends on bitcoin right? This means that a “weather” uncertainty factor is added to the main factor, such as technology, team, marketing and other things, depending on where bitcoin will go, which in turn is subject to manipulation by exchanges. In total, we get an extremely ambiguous environment in which you can quickly get rich and lose everything.

And as practice shows, more often you will hold the tail of unluck in your hands.

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June 22, 2020, 11:35:28 PM
 #119

Today was a good day for the holders, a substantial break upwards of a recent negative trend.   BTC continues to fight the good fight.    There is still more work to do in order to establish price has beaten negatives over medium term and we are within the range still since May start.   However its hard to label the price as betraying holders when it moves upwards like this quite substantially to counter recent negatives.
   Its crossing the 50 day moving average right now like we might cross train tracks, I dont want to see it linger here too long but decide where to go and proceed.

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Cherylstar86
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June 22, 2020, 11:35:38 PM
 #120

a lot of signals came out today, stating Bitcoin is still confused about going up or down, maybe you better let go of Bitcoin and go to altcoin,
because maybe the sideways will be very long in the $ 9000 zone
Bitcoin's price is suprisingly staying in $9,000 after the halving has occured, even it shows a downfall signal from the last few days. I assume bitcoin has a chance to increase and stay it's price to $10,000 next month, so it is better if we will continue to hold our bitcoin.

Bitcoin is moving around that region indeed, and that's a good sign anyway. I mean, Bitcoin wasn't showing  a bearish mode from the last few weeks. When the price dropped at the edge of $9,000, It'll automatically bounce back in 24-48 hour span. There's just something that hinders Bitcoin to break the 5 digit level.
On the other hand, I didn't see any point of selling your Bitcoin at this current range. Bitcoin has a very good potential to break another ATH this year or next year, and finding the bottom might be very hard for accumulation again. So, better get hold firmly of your Bitcoins.

Hopefully that won't contradict those expectations mate, and that potential that you're talking about will soon coincide successfully. Other people might decide quickly on dumping their asset but unfortunately in the end it's a very wrong decisions to make. Some might regret all those wasted capital, when sudden price bounce will take effect again.
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