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Author Topic: the power of HOLD and believe  (Read 1726 times)
skpanchal
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January 14, 2021, 03:04:31 PM
 #81

Bitcoin and other cryptocurrencies are splashed across news headlines on a regular basis, charting a wild ride of extreme highs and lows. Once the sole domain of anti-establishment millennials burned by the 2008 recession, many institutional investors have shed their skepticism and are dipping their toes into the crypto market, adding exposure through crypto funds, futures, and other emerging investment options.
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January 14, 2021, 03:24:48 PM
 #82

Bitcoin holding is very beneficial. Who whold from 2018 are now will full happy. I talk also those person whome holding from 2012 and now one can imagine how much they created profit in 8 years.
Bitcoin hits 40 k some days ago then maje correctness . Now again close to 40 k . once bitcoin get this margin. Next step will be 50 k. 20% chances that it reach to 50 k in this month January 2021.
I  holding still and wait for 50k
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January 14, 2021, 03:44:37 PM
 #83

yeh ofcourse its a great moment for all those whoes buy btc in early quarter of 2020 and hold them with a patient.
 and now thats a great moment for them after a long patient they get alot of profit from btc.
personally i believe on holding. i am also a holder of too many altcoins as well as btc  at the moment.
now i am still holding btc for his 1million$ price
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January 14, 2021, 05:20:22 PM
 #84

The strength of hodling lies in the fact that all people who invested before the month of 11 years 2020, he will make profits regardless of the amount he bought with as long as he kept those currencies, and the earlier you bought, the greater the profit, even those who bought at the end of 2017 when the price broke each Its ATH.

The believe is that paper money is going to be less low. all the printing and inflation that governments are doing.
At the same time, it cannot be said that this statement applies to all cryptocurrencies. Virtually only Bitcoin and some of the higher-cap altcoins deserve long-term retention. Those who saw their tokens growing in the second half of 2017 and did not have time, and who did not manage to sell them at a bargain price, also hoped for their long-term retention. As a result, most of them simply disappeared from the market.
Holding any cryptocurrency carries a certain amount of risk. And not only in terms of price. There are also many technical, organizational and other reasons why we may lose access to our cryptocurrency. Therefore, each of us must choose his own option and his own way of working with cryptocurrency.

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elisabetheva
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January 14, 2021, 05:30:38 PM
 #85

not a few people who have held bitcoin from 2018 until now are still holding them, they believe the price of bitcoin in the future will be even better.
maybe there will always happen and it must also be remembered that when the beginning of last year the pandemic began to hit the world, many experienced difficulties as well as for those who joined crypto, of course those who can still maintain their bitcoin are clearly not financially disturbed, not those who have indeed experienced layoffs, business who dropped drastically etc., it is certain that there is a dilemma whether to stay or have to sell for necessities.

It is clear that during the pandemic many were forced to sell their bitcoins for urgent purposes rather than having to hold them for a very long time. So in fact, now we need changes so that there can be a resurgence, presumably altcoins can start to grow well so that the bounty will be more enthusiastic.
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January 14, 2021, 10:39:44 PM
 #86

How long you strong for holding some coin? I ever hold more than two year and earn much profit when I hold ripple coin and then back to higher price above $3. I know how profitable when you hold some coin on your wallet but many time I loss moment when holding many coin but never change with higher price, keep down but I sell before become shit coin.
I believe that a holder is a strong person, even able to withstand for years, in the midst of a storm of uncertain price ups and downs, very mentally training. if it is not supported by the knowledge of the willingness to update information related to the development of the project and the cryptocurrency ecosystem in general, it will definitely be difficult. The risk is great, but if you succeed in choosing the right project with the right strategy and timing, you will definitely get big profits like you.

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January 15, 2021, 01:42:10 AM
 #87

yeh ofcourse its a great moment for all those whoes buy btc in early quarter of 2020 and hold them with a patient.
 and now thats a great moment for them after a long patient they get alot of profit from btc.
personally i believe on holding. i am also a holder of too many altcoins as well as btc  at the moment.
now i am still holding btc for his 1million$ price
We can see the power of holding and believe, if we take a look back on the price of the bitcoin on year 2018 we can figure out that the people who buy bitcoin that year and hold unti now still has an earnings, but the reality is only few people are buying and holing a big amount of bitcoin that is why only few earns on this bull run. I see that many of us are now waiting for the another dip to buy more bitcoin and hold.

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January 15, 2021, 02:03:02 AM
 #88

Whoever believes in bitcoin could hold as long as they want, even for years but the things are when the price rise and hit the ath, people can't resist the temptation to take the profit and buyback in the dip, moreover if people have an urgency in need of cash, sell Bitcoin is one of the options as a reserve asset.
However, for people who don't need to sell bitcoin, it's a good thing for them as bitcoin has huge potential to increase over time and possibly to reach $100k.
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January 15, 2021, 02:15:22 AM
 #89

It was never their intentions to hold bitcoin that long, the truth is they invested at the wrong time thinking that Bitcoin will grow over 20k in 2017, they have no choice but to keep holding just to get back their money someday

lol, yep, that sounds like me.
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January 16, 2021, 03:50:34 AM
 #90

the purpose of bitcoin as an investment is to hold it and wait longer to have a good value of it.
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January 20, 2021, 06:50:38 AM
 #91

We've heard a lot of stories about panic sailing because of FOMO or market dumping and I think there is no drama with it. We're all humans and we have feelings and sometimes they force us to do things we regret after. But if you have a strong will and strict confidence about Bitcoin's future and you still holding after the last ATH so I admire you. You have possessed great courage and determination if you still wait for the new records and keep your faith strong.
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January 20, 2021, 07:19:24 AM
 #92

Damn, I did panic sell in 2018 and I wish I never did that. Anyways time is passed and I can not recuperate my loss it's better to begin again from zero. You're correct those who purchase the bitcoin in 2018 and hold it tight they're currently rich and making the most of their benefit. I think it's the incredible illustration of those bitcoin clients who don't care to stand by I realize I am one of them however I learn from my lesson how bitcoins blase you with profit if you hold tight on your investment and never do the panic sell.

thank you friend, of course there is a good message implied from him for everything because you experienced this and of course it is very good to give and share with those who may not have experienced it because it is clear that panic will not solve something that could change what will happen next.

but it could be that what will happen to you will be different but at least there is something to note that panic does not solve the problem. This is a moral message that is important to give and understand to those who have not and should not happen.

surely there are those who still hold their bitcoins but don't panic like you but return to the needs that must be prioritized, we know that early last year the pandemic hit the world and maybe many have to sell it because of the inevitable need, will you also experience this! !! if you are going to experience it means you don't need to regret it, many are not so happy with the increase in bitcoin because many don't have it, at least altcoins. unfortunately altcoins didn't see a sharp increase in the last year and we hope this year will happen.

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January 20, 2021, 11:31:43 AM
 #93

Damn, I did panic sell in 2018 and I wish I never did that. Anyways time is passed and I can not recuperate my loss it's better to begin again from zero. You're correct those who purchase the bitcoin in 2018 and hold it tight they're currently rich and making the most of their benefit. I think it's the incredible illustration of those bitcoin clients who don't care to stand by I realize I am one of them however I learn from my lesson how bitcoins blase you with profit if you hold tight on your investment and never do the panic sell.

There is always the risk of losing your investment, so we must be aware and prepared for that. Luckily for me, i was able to sell my bitcoins back in 2017 when the price went up to $20,000 before it drastically went down.

The thing with holding crypto is, it's a high risk - high reward, long term investment. Just like the saying "don't put all your eggs in one basket", you must not put everything into it. You must only invest what you can afford to lose.
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January 20, 2021, 11:39:51 AM
 #94

Damn, I did panic sell in 2018 and I wish I never did that. Anyways time is passed and I can not recuperate my loss it's better to begin again from zero. You're correct those who purchase the bitcoin in 2018 and hold it tight they're currently rich and making the most of their benefit. I think it's the incredible illustration of those bitcoin clients who don't care to stand by I realize I am one of them however I learn from my lesson how bitcoins blase you with profit if you hold tight on your investment and never do the panic sell.

There is always the risk of losing your investment, so we must be aware and prepared for that. Luckily for me, i was able to sell my bitcoins back in 2017 when the price went up to $20,000 before it drastically went down.

The thing with holding crypto is, it's a high risk - high reward, long term investment. Just like the saying "don't put all your eggs in one basket", you must not put everything into it. You must only invest what you can afford to lose.

yeaa I agree on that, I also did a panic sell in 2018 and I sold all my bitcoin investments for that time but I decided keep my ethereum investments for a possible pump, bacuase I saw a real power and use cases behind the ethereum project. That was the main reason why I sold my bitcoins, because I didn't see anything real supporting the project but I did a mistake and there is not possibility to bring these btcs back so we have to move one and keep these coins/alts with a solid project behind, like ethereum and hold them for some more years. In my opinion, ethereum can increase the price faster than bitcoin, so if you invest X money today, you will get a better profit than if you invested on btc, but that's my personal opinion.

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January 20, 2021, 11:40:36 AM
 #95

Damn, I did panic sell in 2018 and I wish I never did that. Anyways time is passed and I can not recuperate my loss it's better to begin again from zero. You're correct those who purchase the bitcoin in 2018 and hold it tight they're currently rich and making the most of their benefit. I think it's the incredible illustration of those bitcoin clients who don't care to stand by I realize I am one of them however I learn from my lesson how bitcoins blase you with profit if you hold tight on your investment and never do the panic sell.

Well its quite normal to become worried if the price is decreasing since we dont know how far it will go down. But those who believe in btc and didnt need their money yet can bear to hold for months or years. Thats the advantage of investing your spare money that is not meant for important things. Nevertheless there's always a chance to correct our past mistakes so learn from that experience and be a wise investor now who dont panic easily if there's a correction.

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January 20, 2021, 01:18:05 PM
 #96

the purpose of bitcoin as an investment is to hold it and wait longer to have a good value of it.
No, buddy. Bitcoin can be used as an asset and as a currency it depends on each individual point of view but if Bitcoin is only used as an asset it will never the mainstream of payment, it will never the mainstream adoption and it will never achieve its purpose cause it was created to serve as an alternative currency to fix the problem (inflation) the government couldn't fix through fiat currency

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January 20, 2021, 03:13:41 PM
 #97

It looks simple and conceivable but essentially it's truly troublesome since it all the speculators are in for long term speculation but or maybe they search for intermittent returns. Particularly amid final bear advertise the esteem of Bitcoin fell so radically that clients begun accepting it would go to zero and we had so numerous negative articles approximately Bitcoin which made it truly troublesome to hold on to bitcoin at some past moments, but now BTC is crossing its milestone and sources said may be it cross above $100k.

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January 21, 2021, 04:05:17 PM
 #98

as we know, the price of Bitcoin had a bear run in 2018 with the lowest price at $3k on Dec 17, 2018 and now the price of Bitcoin has reached $25k and this is the new ATH price for Bitcoin, so if you buy Bitcoin in 2018 and HOLD until now, then you can get a profit of more than 700% and I also congratulate those of you who HOLD or bought Bitcoin in 2018 when the price of Bitcoin dump.
Yes it’s good to hold and believe, although this can only be easy when you have enough finance and you’re doing nothing with the one you’re investing.

I was surprised yesterday when I saw someone that has been holding his bitcoins since 2010, like I couldn’t believe that, since I have not seen anyone that is holding their coins since then, I thought that they might have all sold their coins during the 2017 bull run. This guy has over 50k coins and said he wants to sell it, and now that price is $35k, that’s a lot of money.

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January 21, 2021, 04:30:39 PM
 #99

No one But, Bitcoin can be utilized as an resource and as a cash it depends on each person point of see but on the off chance that Bitcoin is as it were utilized as an resource it'll never the mainstream of installment, it'll never the standard selection and it'll never accomplish its reason cause it was made to serve as an elective money to settle the issue of high price of commodities the government couldn't settle through fiat cash.

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January 21, 2021, 04:51:58 PM
 #100

Perhaps the moment is approaching now when it will be possible to buy bitcoin relatively cheaply.  
However, many of us will buy it?  

Bitcoin gives everyone the chance to make big profits.  However, people very often miss the opportunity to improve their lives.  

Bitcoin requires faith.

If a person does not believe in Bitcoin, then most likely he will begin to commit erroneous actions.  At the same time, it will seem to him that he thinks logically, and his actions are reasonable and adequate to the situation.

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