Bitcoin is for Holders!

[Swopon]

The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

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[so98nn]

The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

True. However, bitcoin is big ocean and I don't think everyone is bound to hodl all the time. I mean if I even get a scoop from this ocean then it is huge profit for the low trader like me. Yes, hodling can get you to bigger side of the bitcoin. May be profits in millions or something. However, if I am setting my goals for shorter period with small profits at each trough and crests then that is completely fine I guess!

The phrase is wide spread on the forum and othere articles too. Moreover, if I am benefiting from those small scoops then I should just keep doing it and stay in the profits all the time.

Phrase here:

This phrase is used to describe cryptocurrency newbies who, instead of hodling, nervously panic-sell their coins in response to market jitters or negative headlines that wouldn’t faze experienced traders.

Reference

[hd49728]

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

Bitcoin is for everyone but their stories will be different. Some people get rich and richer with bitcoin but some others will get poor and poorer with it. Worst, some people will end with bankruptcies.

Weak or strong hands are not a matter. Brave or cowardly are not a matter. The matter is you know when to hold and be strong. It is the time to do it.

In bear market, it is not smart to hold.

[josgandosbro]

Bitcoin is any time to changing the price. So Bitcoin holders check the marketplace price day by day. Then plan to invite and time to acct that time. So Bitcoin holders hold the Bitcoin long time and wait for the price increase. Price will be down that time trading the Bitcoin. Bitcoin holders understand the marketplace price.

[mk4]

Nope. Bitcoin is for whatever you see fit and for whatever purpose you want to use it. Depending on the person, it can be:

• used as a hedge for economic uncertainty
• as a speculative investment
• to send money overseas or to send money in general
• as a store of wealth for the bankless
• to buy whatever item/product
• etc

or a mixture of multiple things, or all things altogether.

[michellee]

I am thinking the same as you @OP. Bitcoin already reaches $58k, so if the bitcoin price now is down, then the next thing that can happen is bitcoin reaches the next ATH, which can be at $60k or more. We need to be ready for that by having more bitcoin from taking profit from the altcoins to make a profit. Otherwise, we can prepare our bitcoin to be sold at the highest price. Unfortunately, we do not know when the bitcoin price will increase, so we can only guess about the time.

[sunsilk]

Bitcoin is for everyone. Anyone can hold and sell it at their will. Anyone who owns it has the full authority whether to sell it or hold it for long term just as what we do, we hold it.

But that doesn't mean that it is only specific for holders. It is free to be held and owned by anyone regardless of the plan he has while owning it.

[bitzizzix]

Bitcoin is freedom, so whoever owns it is free to do anything and according to his skills and habits because it is not controlled by anyone.
and if it is owned by a long-term holder it will generate huge profits, and it all depends on individual needs so that whoever holds it if used properly will get good benefits and be useful for a better life.

[Sterbens]

Yes, I have found various pieces of information for $ 60,000 in the near future. not only that, speculation came from various countries who are concerned about the growth of bitcoin. My own country's CNBC has started investing the country's finances into bitcoin. this is good news for bticoiner in my country.

[Genemind]

This applies to all cryptocurrencies, with massive adaptation and altcoins cryptocurrency is gaining a lot of attention worldwide. Even huge institutions are now involved in it. Crypto is one of the best investment long-term and it really served as a lifesaver for those who have it especially during the pandemic.

[cheezcarls]

I can say that this is absolutely true. My biggest mistake back then was not holding it when it’s still trading sideways between $12k to $16k. I choose USDT as safe haven until Bitcoin shoots up to $30k last year, and we’re now trading around $56k+. Until now, I still regretted that day of not holding on into Bitcoin.

[kotajikikox]

The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

Not totally for Holders only but for those who is willing to use as payment method even if the price fluctuate , This is what bitcoin is .. to Circulate and not just a Store value like what most of us do(including me) but even if i mostly Hold my Bitcoin yet if there is a chance i make sure to use this coin as payment for what is available to accept because in my country it is not literally accepted but government is not against the use.


But of course this is best for Holding specially if the amount you invested is the funds that you can afford to lose and willing to risk for long time.

[Coyster]

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

By 'weak hands', I'll take it to mean short term investors, but yet short term Investors as well make ROI from selling their stash, that's why Bitcoin is basically for any user, its on you to use Bitcoin in the way you deem fit, AFAIK, there is as yet no generally acceptable way to use Bitcoin, and imo, all the diverse uses all contribute in making the network what it is and moving it forward, to mainstream adoption as we hope possible.

Having said that, as long as you're not influenced by FUD or small price corrections, and your decision to either sell or hold is on you, then that's prolly the best way to approach the Bitcoin network.

[Swopon]

I can say that this is absolutely true. My biggest mistake back then was not holding it when it’s still trading sideways between $12k to $16k. I choose USDT as safe haven until Bitcoin shoots up to $30k last year, and we’re now trading around $56k+. Until now, I still regretted that day of not holding on into Bitcoin.

The same feeling on my inside too. I have seen Bitcoin traded at around $3300 and I tried to invest and Hodl for a long time but for some personal reasons, I can't buy. Fund is important here. By the way, time flies and Bitcoin also flies accordingly. Now it is traded on $57000++. Hopefully, it will cross $60k soon and we will see the new ATH. By the way, I am optimistic that it will hit $100k in this year.

[aoluain]

Nope. Bitcoin is for whatever you see fit and for whatever purpose you want to use it. Depending on the person, it can be:

• used as a hedge for economic uncertainty
• as a speculative investment
• to send money overseas or to send money in general
• as a store of wealth for the bankless
• to buy whatever item/product
• etc

or a mixture of multiple things, or all things altogether.

spot on MK4 but the strongest thing you can do with Bitcoin is HODL.

If at all possible we have to Hodl for the future to be in a stronger position,
it kind of goes against what Bitcoin was designed for but that aspect of it
is still useable.

The weak hands are selling to Hodlers.

[Hippocrypto]

The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

We can't judge a person in his actual standing for finances, because on my personal experiences I was weak too. But if there's a better chance for us to acquire small portions of btc in the next chapter of bearish market, then do it. This isn't about for holders but for everyone who wanted to do trading and investment.

[acroman08]

as much as I like hodling what made you think that bitcoin is for hodlers? as I see it bitcoin is for anyone who uses it may it be buying, trading, hodling etc... I don't see any reason why call other people "weak" for being different from hodlers or for having a different view o how they use bitcoin.

[Trinx01]

Bitcoin is not only for hodlers but for everyone who wants to explore the crypto world, there are different reasons for a person who holds bitcoin why they had to sell their bitcoin for some instances even though the price is not that too high, just like on my part, when I really need the money and I don't have someone to help me, I just pull out my bitcoin and convert it into fiat currency so I can use it in my daily needs. Those who hodl for a long term then that is good for them and for sure they can hold it because they have another extra income or they have good sources of income.

[Swopon]

Here, some people don't agree with me in terms or "Bitcoin is for Holders". It means, those people who hold it, they are gainer and ultimate winner for holding it and they actually enjoy it with full excitement. But we the people are getting frustrated seeing the price after selling our assets. That's the point, I want to mean that it is for holders not for weak hands. Even I am not holder too.

[South Park]

The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

If you are only thinking in terms of investing and what you can get out of bitcoin then you're right, but we must not forget that bitcoin is also a currency, so I do not have any problem with people using their bitcoin in exactly the way it was intended, so if you really need to buy something and bitcoin is a payment option there is nothing wrong with taking it even if in the long term it will have been better for you to keep that bitcoin, we need to remember that the success of bitcoin as an investment is tied directly to its success as a currency so if no one uses it as a currency then the success of bitcoin will stagnate.