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Author Topic: Bitcoin is for Holders!  (Read 3263 times)
kawetsriyanto
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March 14, 2021, 11:38:32 PM
 #61

Not only for hodlers, it is also for traders. Fundamentally, Bitcoin wasn't created specifically for holders, Satoshi never stated in the Bitcoin whitepaper. I cannot imagine if all people just hold Bitcoin and no one trades it on the market. I am not sure if Bitcoin value can be higher as now if all people just hold the Bitcoin. So, we also need to appreciate and thanks to the Bitcoin traders on the market. Don't judge they are stupid to sell Bitcoin.  Wink

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March 15, 2021, 01:50:09 AM
 #62

Well, one of the OP's goals was met, the 60k are there. In any case, the other point of whether the Holders are strong, I think it is the quietest part of what it means to have bitcoin, although it is relative in terms of being selling and buying where the real strong part of  bitcoin is. This in users who are not dedicated to the trading, which is actually another analysis.

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March 15, 2021, 02:37:05 AM
 #63

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)
Technically speaking bitcoin is for everyone that can get their hands on it, whether they are long term holders or not has no effect on their ability to get bitcoin, however once we begin to speak about the economic benefits you can get out of it then this is right, holding is by far the superior strategy, not only it is easier but more profitable.

Many think of trading as better but not only it is way more difficult, now you need to consider your capital gains and the taxes you need to pay and you need to outperform the market while you do so, can anyone outperform a 15x price increase in just one year? I doubt it.

I agree. Bitcoin is for everyone. And anyone who wants it. But of course it is definitely advantage for long term holders because we know how bitcoin works and how it can be hold and make a large amount of profit. Bitcoin is the one who can give us a lot of money. And bitcoin is also can be our source of income, just like in trading or even holding. Holding bitcoin can be very good in terms of earning yet it is a very long term because as we all know, the market is very volatile and decentralized. We do not actually know when to rise and to dump but we can manage to read charts and formation.
Now, holding Bitcoin can bring unexpected wealth to many people. For novices, you can hold a small amount for a long time. For those who are already familiar with cryptocurrency, you can carry out some transactions and hold the same amount. There will be more than ordinary people, and they will be divided into different situations.
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March 15, 2021, 08:42:44 PM
 #64

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.
No, not for everyone because if that is the reality, all of us now are holding Bitcoin but the majority are still ignoring Bitcoin and calling it a scam. And you can't tell that those poor people will have to risk their money here because it surely they don't.

And not all who knows Bitcoin also are holders, they often dump sell their Bitcoin once the price goes down.

For me, Bitcoin is only for the risk-takers either be a holder or not. We have the freedom to hold or to sell it, it is our own investment, we can do anything if we want to.
I'm not saying that everyone should hold bitcoin. I'm saying that it's for everyone which means to say that anyone can own it, anyone can hold it as they wish.

It's not the point of saying that bitcoin is everyone and everyone "must" buy it and invest on it. What I'm saying is that, regardless of your age, your occupation, your gender, your ethnicity, your belief, it can be used by everyone just like having money and any asset that we wish to have.

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March 15, 2021, 09:03:09 PM
 #65

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.
No, not for everyone because if that is the reality, all of us now are holding Bitcoin but the majority are still ignoring Bitcoin and calling it a scam. And you can't tell that those poor people will have to risk their money here because it surely they don't.

And not all who knows Bitcoin also are holders, they often dump sell their Bitcoin once the price goes down.

For me, Bitcoin is only for the risk-takers either be a holder or not. We have the freedom to hold or to sell it, it is our own investment, we can do anything if we want to.
I'm not saying that everyone should hold bitcoin. I'm saying that it's for everyone which means to say that anyone can own it, anyone can hold it as they wish.

It's not the point of saying that bitcoin is everyone and everyone "must" buy it and invest on it. What I'm saying is that, regardless of your age, your occupation, your gender, your ethnicity, your belief, it can be used by everyone just like having money and any asset that we wish to have.
I agree with you Bitcoin is for everyone not just for HODLers everyone is free to invest and do what they want with their crypto.
It doesn't matter if they are short term or long term investor there isn't a rule that says we couldn't sell it when we need it or we couldn't be a short term investor.
Everyone has their own choice of investment just like how they handle their life.

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March 15, 2021, 09:44:57 PM
 #66

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)

Such a situation:

Bitcoin price prediction for January 2025.
In the beginning price at 196530 Dollars. Maximum price $ 243933, minimum price $ 196530. The average for the month $ 216242. Bitcoin price forecast at the end of the month $ 227975, change for January 16.0%.

BTC to USD predictions for February 2025.
In the beginning price at 227975 Dollars. Maximum price $ 282963, minimum price $ 227975. The average for the month $ 250841. Bitcoin price forecast at the end of the month $ 264451, change for February 16.0%.

Bitcoin price prediction for March 2025.
In the beginning price at 264451 Dollars. Maximum price $ 264451, minimum price $ 223726. The average for the month $ 248299. Bitcoin price forecast at the end of the month $ 240566, change for March -9.0%.

BTC to USD predictions for April 2025.
In the beginning price at 240566 Dollars. Maximum price $ 298591, minimum price $ 240 566. The average for the month $ 264695. Bitcoin price forecast at the end of the month $ 279057, change for April 16.0%.

It's worth holding a little more Smiley
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March 15, 2021, 10:18:02 PM
 #67

Certainly Bitcoin is for everyone because anyone has a good purpose for it. But the thinking based on the fact that Bitcoin is for Holders and not for weak hands has a background that is due to the objective that the community wants bitcoin to reach.

From one way to another we are making bitcoin exceed the price of 100K and make it the digital asset recognized by investors around the world.
It was a great victory that Paypal added bitcoin among its services and that the world's leading credit cards such as Visa and MasterCard could not be left behind because it would mean rejecting innovation because they have realized that the community is preferring cryptocurrencies than the banks.

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March 16, 2021, 10:02:11 AM
 #68

I'm not saying that everyone should hold bitcoin. I'm saying that it's for everyone which means to say that anyone can own it, anyone can hold it as they wish.

It's not the point of saying that bitcoin is everyone and everyone "must" buy it and invest on it. What I'm saying is that, regardless of your age, your occupation, your gender, your ethnicity, your belief, it can be used by everyone just like having money and any asset that we wish to have.
I agree with you Bitcoin is for everyone not just for HODLers everyone is free to invest and do what they want with their crypto.
It doesn't matter if they are short term or long term investor there isn't a rule that says we couldn't sell it when we need it or we couldn't be a short term investor.
Everyone has their own choice of investment just like how they handle their life.
Yes and that's why it's very much for everyone but many are stopping to invest and look at it because they're only looking at the price. As usual, every year and every time they look at it, you'll mostly hear them say that it's not cheap.

It's expensive to buy and they're too late to invest. The excuse that you'll hear them say from every price. When it was $500, they said it's expensive. When it dipped to $3,000, it's expensive. And now that we're above $50,000, still the same excuse. And once it goes $100,000 and above, again, the same words.

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March 16, 2021, 11:29:20 AM
 #69


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

I disagree.
If everyone who owns Bitcoin are "just" holding, do you think the price would reach this far?  Do you think Bitcoin would become this successful?
Remember, Bitcoin was created to eliminate the traditional intermediaries, and use it as real currency that functions the same as the fiat currency.
I'd rather say, Bitcoin is for everyone for whatever purpose you want to use it.
Weak hands are part of the cryptocurrency ecosystem, and other investment platforms. You can't get rid of them.

R


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March 16, 2021, 01:33:06 PM
 #70

Bitcoin is very flexible, so you can't really say that it's just for holders. Everyone has their own said techniques on how to manage their coins, most especially on Bitcoin. So hold if you wanna hold because it's your choice but do not think that everyone will agree to that statement of yours.

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March 16, 2021, 01:57:44 PM
 #71

Agree for the peoples who still believe and hodling btc i'm so fc**ing believe the price gonna reach more than $500k in the future.

Bitcoin really help me in this pandemic, lucky me i sell al of my assets like gold or etc just for buy btc.
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March 16, 2021, 02:17:51 PM
 #72

Agree for the peoples who still believe and hodling btc i'm so fc**ing believe the price gonna reach more than $500k in the future.

Bitcoin really help me in this pandemic, lucky me i sell al of my assets like gold or etc just for buy btc.
I also believe that will happen, and like what you did, I still holding my bitcoin until now and do not use it for other things unless selling for some amount to fills my daily needs.
The next barrier that bitcoin price needs to break will be at $65k-$75k, and maybe that can happen this year, so in the next year, the price can jump to $100k.
We may have a big dream of making a big profit in bitcoin, but we should work hard from now on to have many bitcoin in the future.
We still have many times to make more and more bitcoin from now on.

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March 16, 2021, 09:40:27 PM
 #73

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)

Bitcoin is exactly for the HODLers. It is not an altcoin that you can make a great profit in a short time if you are lucky. You should be really patient to get a nice profit out of it. And the HODLers are very happy now as the price has literally gone to the moon.  Grin

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March 16, 2021, 10:01:56 PM
 #74

Bitcoin is already reached $60.000, what your next target? Have you sold your bitcoin or you still hold your bitcoin? if you are trully holder then you will hold your bitcoin until the high price achieved, right? I change my strategy, I have no intention to hold bitcoin for long term investment anymore unless I have seen the dumped comes it first.

I have sold my bitcoin when its price just passed the $42.000, yeah that was my target price since I hold bitcoin for long term investment. I bought it when its price passed $10.000 and I collect bitcoin as much as I can and holding it for long term investment. Greatfully, my strategy run normally and I keep my investment although its price passed $20.000. When the target price was achieved, actually I just use the small capital, I never do all in because I always afraid of dumped that will happen, it is just my worries.
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March 16, 2021, 11:26:26 PM
 #75

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)

Bitcoin is exactly for the HODLers. It is not an altcoin that you can make a great profit in a short time if you are lucky. You should be really patient to get a nice profit out of it. And the HODLers are very happy now as the price has literally gone to the moon.  Grin
Holders could wait while weak hands could easily change their minds and sell immediately once the saw declines. Kind of a common thing to happen in crypto and can't please everyone to do the hold as we have our individual thinking and plan towards our investment.

But being said Bitcoin is for the Holders, it gonna be wrong. Everyone is entitled to have a piece of satoshi but the problem is that many where still have the courage to take it. And we can't guarantee as well that all of us will use Bitcoin when fiat money still exists.

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South Park
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March 17, 2021, 01:43:14 AM
 #76

That kind of mentality is wrong imo. Bitcoin is a currency and should be used as one.

Sure, we are all hodlers, but we should also look at spending our BTC whenever we can so to help the Bitcoin economy.

Obviously you wanna buy back whatever BTC you spend with fiat.
I think the same, if the goal is to make money with your bitcoin holdings then holding for the long term is the best option available for those people, however not everyone is going to be interested in bitcoin as an investment option, many are attracted by the idea of having a form of money that does not require of a third party like a bank and that you can use without the need to go through KYC or other unnecessary stuff when the only thing you want to do is to send a transaction as quickly as possible.

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March 17, 2021, 02:52:41 AM
 #77

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?
So at some essence Pandemic Blessed the Market of crypto ? because of this High climbs instead of continuous fall.
Quote
The next short term target is $60000. For now, next target is new ATH.
Yeah short term takes already , for 3 days Bitcoin stays at 60,000$ level.
Quote
BITCOIN is for Hodlers
Not for weak hands
(I had read it somewhere, can't remember right now)
Well we cannot justify that 100% but at least some weak hands got the prizes when they have sold in right timing , when holders keep holding for years, Weak hands took profit and god to Buy again in so much lower value like what we had last March of 2020.

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March 17, 2021, 03:01:09 AM
 #78

as I see it, all bitcoins are all Holders, no matter how many times they may have their owners changed. but weak hands are contributing a little coz they lifted the liquidity of the market Grin which helped its price to go up again and again. providing no one trades their bitcoin, then the price must definitely go down Undecided thanks to these weak hands

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March 17, 2021, 03:41:30 AM
 #79

You are saying right!. This bull run has changed the lives of peoples. Due to a massive pump in the price of  Bitcoin, earlier holders get huge profits from their investments. Bitcoin ATH is above 61000$. So, it is very difficult to predict that Bitcoin takes a huge correction or not in near future.

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March 17, 2021, 07:23:35 AM
 #80

Sure, regular traders lose their money.  Holders tend to get rich long term by speculating on Bitcoin.
Bitcoin traders are not necessarily losers because there are a few people I know who trade to increase their Bitcoins over time and win together because the price of Bitcoin goes up.
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