Darkelf11
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March 17, 2021, 07:24:38 AM |
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If the bitcoin surpasses another market price of it which is 60k USD there is an instance it will go for another end of the year for 100k price but still before it takes dump and pump. For sure if someone pushes again for another speculation like Elon musk for sure the end of the year. Holders are just for have enough strength to hold their money this is the part of the psychological strength. 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.
It takes a lot of correction but for the people who can handle their coins easily without any hesitation of the ups and downs.
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Kittygalore
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March 17, 2021, 08:08:17 AM |
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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.
There are better things to do with your bitcoin besides hodling it, you can invest it in bankroll to make it grow more. I think the real winners is not the hodlers but the smart ones that make more bitcoin even though they are sleeping.
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leea-1334
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March 17, 2021, 09:02:29 AM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) which helped its price to go up again and again. providing no one trades their bitcoin, then the price must definitely go down ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) thanks to these weak hands Nah, not all Bitcoin people are holders. You only need to look in trading channels to see that yes, they have majority of holdings in BTC but a lot of these big traders also put their btc into alts trying to catch rallies (look at dogecoin for example,,, people were mainly buying it with btc). So there's still alot of btc outflowing into alts as long as rallies happen in markets like now.
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Pom_bensin
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March 17, 2021, 03:39:18 PM |
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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)
someone who is strong in bitcoin hold will certainly get a big profit. right now I think the price of bitcoin at $ 60k will be higher, because the prediction this year could reach $ 70k. but with a lot of price updates and corrections will make the mental holders of the test. So do your best before facing a correction and going to the moon for bitcoin
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wack slacker
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March 17, 2021, 03:50:57 PM |
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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.
There are better things to do with your bitcoin besides hodling it, you can invest it in bankroll to make it grow more. I think the real winners is not the hodlers but the smart ones that make more bitcoin even though they are sleeping. Ironically, the bank was not trustworthy, so Bitcoin was born. Don't tell me about "HIYP bank", maybe they make a good profit but they can take your money away at any time. We should control our own money and strictly follow all methods to ensure the risk in trading. History has shown that by holding on to Bitcoin over the years, you can get rich without doing anything. Bitcoin has increased 3 times since ATH $ 20k in 2017. Many people died reaching as high as $ 20k because they did not believe it reached any higher so it is best to hold it for the long term.
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Rasel5209
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March 17, 2021, 06:56:41 PM |
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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)
Yea need to hold bitcoin for long time cause it price day by day increase. But if every one hold her bitcoin it price Can not increase. Regularly trade and market volume increase her price.
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Wawa2013
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March 17, 2021, 09:26:09 PM |
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In fact, if we want to get profit from Bitcoin, we have to be patient HODL the Bitcoin that we have. Don't be in a hurry to sell the Bitcoin that we have, the longer we are able to hold Bitcoin, the greater the profit we make. I agree Bitcoin is not for weak hands, because if we panic easily, it is very difficult for us to get the benefits of Bitcoin. Who in the end blames Bitcoin if when buying Bitcoin cannot generate profit, even though the fault is in ourselves who are impatient holding Bitcoin.
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Reosta_
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March 17, 2021, 10:03:56 PM |
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Bitcoin is not a cryptocurrency that you can make a so big profit in a short time like altcoins (it is not valid for all of the altcoins though). HODLing is the most important and valuable thing if you have BTC. So many people have even become rich thanks to being patient for years.
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lienfaye
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March 17, 2021, 10:22:25 PM |
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The pandemic is the worst that happened last year, however in light of this many people turn to internet to find a way to earn while at home. Bitcoin users increased because they became aware of its existence. Each of us might have differrent reason why we engage ourselves in bitcoin or in crypto in general. But I think the most common reason is, it can give us an opportunity to earn because of the high volatility. Thus if you have long patience to wait longer thats your edge as an investor and likely to give you a good result.
Nevertheless even you're not a hodler and just using bitcoin for your own convenience (e.g sending money to your loved ones) it doesnt matter. The fact that you're supporting bitcoin is enough for it to keep going.
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Matimtim
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March 18, 2021, 04:23:43 AM |
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If you want to become rich or holder of big amount of bitcoin then you need to be strong holder of bitcoin, dont use your bitcoin if you want to have it more but its doesn't mean butcoin is just for holder only.
I'm curious about your statement that bitcoin is for holder only not to someone who has a weak hands, bitcoin is for all who want to use it, and want to be part on its community at bitcoin users.
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bandungan
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March 18, 2021, 04:52:09 PM |
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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)
the price is now over $ 60k for bitcoin, the target ATH is $ 70k. if it can reach that price I think it will be easier for bitcoin to run faster now ... it's just a matter of time, but in this phase there is still a correction and stay calm for the correction.
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gatti
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March 18, 2021, 05:57:53 PM |
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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)
the price is now over $ 60k for bitcoin, the target ATH is $ 70k. if it can reach that price I think it will be easier for bitcoin to run faster now ... it's just a matter of time, but in this phase there is still a correction and stay calm for the correction. Bitcoin’s top ten richest Bitcoin owners in years-the creator of Bitcoin-are nicknamed “Satoshi Nakamoto”. According to Satoshi Nakamoto’s early mining, the number of bitcoins he currently owns is estimated to be around 1.1 million. But Satoshi Nakamoto has never used most of his bitcoins, nor converted them into real-world currencies, nor used them for any other purpose. If he sells all bitcoins, the value of bitcoins may plummet in an instant.
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Anonylz
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March 18, 2021, 06:05:09 PM |
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Tell me about it, if I have had the patience and the hands of steel I would be smiling more, I sold a good part of all my btc earnings instead of hold, now looking back makes me want to turn the hands of time but unfortunatelyit is not possible, I totally agree, the best strategy for btc is hold and relax, honestly if you hold btc don't panic when the price is on the down trend because the recovery part is always the best moment ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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dwinrs
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March 19, 2021, 01:47:33 AM |
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Tell me about it, if I have had the patience and the hands of steel I would be smiling more, I sold a good part of all my btc earnings instead of hold, now looking back makes me want to turn the hands of time but unfortunatelyit is not possible, I totally agree, the best strategy for btc is hold and relax, honestly if you hold btc don't panic when the price is on the down trend because the recovery part is always the best moment ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) but it is very difficult to hold bitcoin in a relaxed manner, if we get a little profit, immediately think of selling ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Josefjix
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March 19, 2021, 02:07:41 AM |
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Tell me about it, if I have had the patience and the hands of steel I would be smiling more, I sold a good part of all my btc earnings instead of hold, now looking back makes me want to turn the hands of time but unfortunatelyit is not possible, I totally agree, the best strategy for btc is hold and relax, honestly if you hold btc don't panic when the price is on the down trend because the recovery part is always the best moment ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) but it is very difficult to hold bitcoin in a relaxed manner, if we get a little profit, immediately think of selling ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Reason for the notion Holding between Bitcoin is not for the weak hands. You have got to have steel hands, whatever the market value is at the point where you're tempted to sell resist the urge and be vigilant a bit more. To me it has to do with personal diligence and convention to hold Bitcoin through the years even when they price was tempting at some point. If I were an investor in the early days of Bitcoin I would have sold off in 2017 market bull run not minding how it would look like in the future. Look at 2021 very bullish and the surge is not even retracing. A lot of good analysts are even predicting it to hit $100k and above. If one develops the commitment to hold on to his/her assets for a long term use I don't think there would be a problem with holding bitcoin, IMHO.
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Yurkov
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Pepemo.vip
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March 19, 2021, 12:01:14 PM |
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i agree with subject of this post, btc is for hodlers only and not for day traders. Even those who bought btc at high price of 20k in 2017 were abe to sell it at triple price after 3 years of holding. Bitcoin never betrays provided you are hodler.
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Questat
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March 19, 2021, 01:34:52 PM |
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i agree with subject of this post, btc is for hodlers only and not for day traders. Even those who bought btc at high price of 20k in 2017 were abe to sell it at triple price after 3 years of holding. Bitcoin never betrays provided you are hodler.
But you never think that a trader is also a holder. Everyone who buys Bitcoin will be considered a holder. And everyone has the title to call as a holder no matter what he does with his/her Bitcoin. Might that OP is pointing out that those who can afford to hold it longer have the absolute chance of making more profit. And that you have said is an example of how a holder could be paid off later. Because 3 years in holding isn't just a joke but it was a commitment to wait for the next ATH to arrive.
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Spack17
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March 19, 2021, 11:22:58 PM |
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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)
The rise in the Bitcoin price has been really a shot in the arm for people in this pandemic period. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It has reached superb levels and it looks like we could see new ATHs in this year also. HODLers must be really happy now and I bet there are many HODLers who are still waiting for the price to reach much better levels for selling.
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South Park
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March 20, 2021, 06:06:20 AM |
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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.
I do not think we can say that holders are speculating with the price, holders are most of the time the people that thrust in bitcoin more than anyone else, they buy bitcoin at a certain price and they do not sell no matter what the price does, on the surface it seems like something easy to do but it is not true, this is why many people think they can become holders but then reject the idea because they do not like the fact they are supposed to hold their coins after a 70% crash.
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adzino
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March 20, 2021, 06:23:08 AM |
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You should realize that "unhealthy" holding obsession is actually bad for people. This kind of mentality sometimes has a negative health impact. If you see that the price is rising and you have reached your profit goal, there is nothing wrong in selling your bitcoin. If you see that the price is dropping and is bothering you a lot. You can sell it at a loss and move on. You can maybe try again later. If this keeps on repeating, then you should stop investing once you realize that crypto investment isn't for you. This should rarely happen though since you know how the market works and on contrast weren't you supposed to invest only what you could afford to lose?
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