Oilacris
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February 22, 2021, 09:36:04 PM |
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Hodler are always gainer, who hodl his Bitcoin minimum of one year he will be able to make his coin double or sometimes 3x. It depends upon when you invest as it is more important in any financial market, you cannot invest now and expect a 3x profit. The right time was before the halving and if you were smart enough and invested then you would have made a fortune. Holding the coin is always smart but entry is the most important aspect even if you expect the price to rally to $100k. But those things wont really be easy into that certain or particular time after that post-halving situation where people do have in doubt on buying up on things because that time the market doesnt give out any signs of bullish movement or potential where everyone would really be hesitant which i cant really blame them off. For those who do take risk and see it as an opportunity to get cheap coins then they are the ones who had able to benefit out into this current situation we are in.
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SmokerFace
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February 23, 2021, 08:05:18 AM |
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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 they panic sell.
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nightxglow
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February 23, 2021, 05:38:02 PM |
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I actually really wish that i never give up on bitcoin, still regret that thing so much even until now. When the price went down more, more and more, i think that there will be no hope anymore, and well, that was the end. But i was entirely wrong. Now the price of btc is so freaking amazing. I was super shocked when i knew it, like, i never expect btc to skyrocketed this much! But well, lesson learned. I will try to learn more about btc, and be more patient. Not gonna lose that chance for the second time. I think that btc will surely have a great future.
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Mr.sprin
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February 24, 2021, 01:55:37 AM |
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I congratulate those who still hold bitcoin from 2018 you are very lucky I know it was so hard to hold bitcoin in 2018 because the price of bitcoin at that time was very low, definitely the desire to let go was very strong but you managed to hold it now you have successfully become a rich person I salute your courage.
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blue_nexus15
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February 24, 2021, 02:20:47 AM |
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Hold is very important for the crypto market, the buying demand effect on bitcoin is macro and is not limited to reaching high value. Because the market is decentralized, many streams follow emotion and move to the rhythm of the major media. This is very dangerous without realizing the problem. Therefore, I suppose not only hold, believe but also perceive and understand the right object to do it.
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Ewox
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February 24, 2021, 02:43:02 AM |
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I think some had to HODL because they bought Bitcoin when it was at its peak at that time, but if they had not withdrawn their Bitcoin and just hodled until this year, the profit they gained is more than what they expected I'm pretty sure now that Bitcoin has reached almost $60k just the first quarter of the year. Now that the price has gone down to around $50k, it is still a profit if you've bought Bitcoin in 2018.
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Matimtim
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February 24, 2021, 02:56:36 AM |
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Holding and wait for the time that we can make more profit is the first and basic strategy that we can do to make money, but holding besides of negative things happened in the market is risky strategy but if the things we are hopping happen, we can make more income by just holding your money and wait until something good happen in the market situation.
Hold with Patience and believe on what you've been studied is good strategy to earn what we expect, because before holding a certain coins in your wallet you need to conduct your own investigation if there is a possibility to make more money if you hold it.
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Coinsfera
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February 24, 2021, 07:23:22 AM |
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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.
If you are not a trader then you have to be the hodler. Many know that if Bitocin dips then it will recover. If you are hodler then you hold and wait for this event to happen. If you trader you sell at the top and you buy when it dips. Holding saves your time because you do not need to watch graphs all day long. It is also less stressful if you get used to it, you do not regret why did not you sell or buy at the right time. Buy and Hodl!
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virasisog
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February 24, 2021, 07:27:32 AM |
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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.
If you are not a trader then you have to be the hodler. Many know that if Bitocin dips then it will recover. If you are hodler then you hold and wait for this event to happen. If you trader you sell at the top and you buy when it dips. Holding saves your time because you do not need to watch graphs all day long. It is also less stressful if you get used to it, you do not regret why did not you sell or buy at the right time. Buy and Hodl! It is advisable to just buy the dip and hold if you can't handle the market pressure or don't have sufficient time to invest reading charts and updates to trade. I was able to multiply my portfolio up to 3x by just holding all my coins for almost 2 years. I wish I could've started this habit since I started in crypto.
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ubercool
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February 24, 2021, 09:19:50 AM |
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I guess the OP has understood the power of hodling in just 3 months this time rather than years. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Bitcoin and ETH are always for hodlers. We have waited years and we knew a new day will always come after a certain correction. Even a Doge hodlers is celebrating now as the price pumped. The market shook off many of the greedy traders for the past couple of days and hopefully will recover back to where it was in no time.
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NeverSop
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February 24, 2021, 09:50:53 AM |
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our problem is we get panic every times. We should wait more times if we want to earn good profits. Buy with low price and hold for a long time is the best way to generate good profit.
Most of us are driven by emotions, not consistent with our reason. Exactly they follow the crowd without realizing it's temptation. It causes panic, easily confused by hallucinations. Mostly, there is not enough knowledge to learn any one of them. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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jjdub7
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February 24, 2021, 11:35:11 AM |
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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.
Certainly the faith in Bitcoin and the fact that we can resist the speculations that are constantly trying to collapse the crypto market are the basis of Bitcoin's good performance. We need to have faith and when the market is controled from bears we should not start selling out of panic (unless you need money).
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Emmychris
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February 24, 2021, 12:55:22 PM |
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Patience and believe working together will surely yield out good income, in March 2020 when the pandemic was really so effective, it affected many companies, financial institutions etc and the price of btc dumped to about $4k many panicked and sold out at that cheap rate but only the long term investors who believes that bitcoin will surely rise so high in the future held their position patiently and currently now bitcoin is above $50k from $4k which it fell to in March 2020, you can actually see that those who held their position has made insane gains
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elisabetheva
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February 24, 2021, 04:01:59 PM |
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I congratulate those who still hold bitcoin from 2018 you are very lucky I know it was so hard to hold bitcoin in 2018 because the price of bitcoin at that time was very low, definitely the desire to let go was very strong but you managed to hold it now you have successfully become a rich person I salute your courage.
maybe it's not just a matter of courage if you can withstand bitcoin from 2018, what there is is the first disturbance when entering 2020 there is a pandemic and the price of bitcoin is good, obviously this is the toughest challenge compared to 2018. because the needs during our pandemic cannot be avoided and if we can still hold it, we can be sure that it has no financial impact and is able to withstand it. of course now as you say, those who still hold bitcoin can already be said to be very lucky millionaires and rarely can enjoy things like this because of the temptation when they are high, they just want to sell. for fear of falling back.
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DarkDays
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February 24, 2021, 04:17:22 PM |
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You can save money you don't care about until the end. But if you constantly keep in mind, if you check in and check every day, you won't earn anything from that money.
Yes, hold and believe is important to make a profit from cryptocurrency trading. You need to make sure the project is genuine and you have to believe in that cryptocurrency market and hold that coin. In these days, I'm not yet convinced that holding and having a strong belief would be enough to get profit from all the markets. This seems to be true only for certain (if not only the most popular markets) where the community is strong, like XRP or DOGE. So sometimes selling is not the worst thing ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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jasonjm
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February 24, 2021, 04:26:05 PM |
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You can save money you don't care about until the end. But if you constantly keep in mind, if you check in and check every day, you won't earn anything from that money.
Yes, hold and believe is important to make a profit from cryptocurrency trading. You need to make sure the project is genuine and you have to believe in that cryptocurrency market and hold that coin. In these days, I'm not yet convinced that holding and having a strong belief would be enough to get profit from all the markets. This seems to be true only for certain (if not only the most popular markets) where the community is strong, like XRP or DOGE. So sometimes selling is not the worst thing ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Although holding and belief on majority alts is not a good idea but as far as some main stream/popular cryptocurrencies are concerned you can still get handsome amount of profit by just holding and selling it on specific price but not all coins gives you profit. For some alts it is better to get some profit and sell them instead of holding.
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Rana590
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February 24, 2021, 04:30:14 PM |
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Patience and believe working together will surely yield out good income, in March 2020 when the pandemic was really so effective, it affected many companies, financial institutions etc and the price of btc dumped to about $4k many panicked and sold out at that cheap rate but only the long term investors who believes that bitcoin will surely rise so high in the future held their position patiently and currently now bitcoin is above $50k from $4k which it fell to in March 2020, you can actually see that those who held their position has made insane gains
Those who do not believe in cryptocurrency will not save it for long. And that's the big deal for investors. It can be saved for the future by investing. And a good profit can be generated in the future.
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taufik123
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February 24, 2021, 05:06:00 PM |
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Certainly the faith in Bitcoin and the fact that we can resist the speculations that are constantly trying to collapse the crypto market are the basis of Bitcoin's good performance. We need to have faith and when the market is controled from bears we should not start selling out of panic (unless you need money).
Selling when panicked will only cost you a loss and that's not very good. The pros and cons of bitcoin have become commonplace. We can see the ups and downs of bitcoin prices and if you want to hold it back, you should focus on the target price you want to achieve. Always use money that is not needed for life support. Money for holding is preferably free money which is not needed for anything but an investment, it will keep the holding strategy going.
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Shohanur
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February 24, 2021, 05:30:04 PM |
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Generally, we don't hold for long time. If we hold for a long time, then it is possible to get good amount of money. In this pandemic situation, bitcoin has already proved that hold and believe matters.
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LittleBitFunny
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February 24, 2021, 07:46:16 PM |
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People who bought Bitcoin at Higher price in 2018 and didn't able to sell their bitcoin they are also in decent amount of profit now. They have been rewarded for their patience, In crypto world patience is the key to success and Hodl is the power. If you can't hold your coin for long term and you are started to do daily trading without having proper knowledge then the ultimate result for you is zero, Apparently it may seem that you are making money by doing day trade but ultimately you are busy with making penny when hodler are turning their investment to 5X or 10X.
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