Bitcoin is for Holders!

[newwest]

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.

It is for the believers of the bitcoin, those can be traders, speculators, holders too. It helps people to make money and make the best use of the bitcoin as can be used for a wide reason. Traders and speculators have made good money on the either side when the market moves and the ultimate winner is the holders who continue holding and make them the millionaires if you have a good qty at lower rates.

[Bilgent]

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.

The situation is exactly like it. People who have had knowledge about this market should already be knowing that HODLing is the best and smartest thing to do with Bitcoin. There are many long-term investors right now and I believe they are all doing the right thing. Because maybe in a few years again, they could even become millionaires depending on the amount of money they invested in and the increase rate in the price.

[virasisog]

Indeed, those who were able to be patient and hold their BTC even how much BTC went up and down, and how many corrections, criticism, and issues BTC had been able to receive their reward. Just imagine if you have at least 10BTC during 2011 or even just a fraction of BTC and you were able to keep it, this is a life-changing event. I think that is also the reason why there had been a lot of people who had been looking for their lost wallet access, mostly early adaptors.

[k@suy]

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.

Or maybe those Bitcoin long term hodlers have already established a deep trust on bitcoin that in the long run bitcoin will be more valuable than the value it has today. Also, maybe those long term hodlers have already established their good life so even in high ATH they never think to trade their bitcoin because they can provide already their needs without sacrificing their bitcoin. Though it was all speculation but whatever may the reason of the bitcoin hodlers was the only thing for sure was bitcoin was worth it to hodl even for a long term.

[masterzino]

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)

Recently read the list of coins now moved from 2011 is in record-high right now.

It so seems that the majority of people are true holders.

But I see Bitcoin and other cryptos most as money-making options with much greater APR than anything else (legal).

[angrynerd88]

I accept Bitcoin is flexibility, so whoever possesses it is free to do anything and agreeing to his abilities and propensities since it isn't controlled by anyone. and in case it is claimed by a long-term holder it'll create gigantic benefits, and it all depends on person needs so that whoever holds it in case utilized appropriately will get good benefits and be valuable for distant living standards.

[goldade]

As much as this seems to be true, it is not totally accurate. Bitcoin isn't only meant for hodlers. If one thinks about the profit one can made by just hodling some amount of bitcoin, one won't but wonder why we have traders who trade bitcoin or merchants that accept bitcoin.
You should know that the primary purpose of bitcoin isn't for it to be an asset for investment. That's only its secondary purpose. The primary purpose of bitcoin is to be a currency just like the USD meant to be spent only that it is a money out of the control of banks and the government

[Pokapoka124]

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?

Yes bitcoin has been doing great but I don't believe the pandemic had anything to do with the surge in bitcoin price. We had a good buy order chance in march 2020. The increase in bitcoin price was kind of expected after the halving last year but no one could have guessed right.
For me bitcoin is more of a store value...I rather save my money in btc than fiat. Scalping quick gains can be seductive but I prefer to hodl. There was lot of bitcoin talk and activity at the beginning of the year. People were worried if 2021 was going to be a repetition of 2017 but bitcoin just kept going up. Institutional buyers were pouring in and $100k didn't seem like a faraway dream anymore.

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?

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

Yes bitcoin has been doing great but I don't believe the pandemic had anything to do with the surge in bitcoin price. We had a good buy order chance in march 2020. The increase in bitcoin price was kind of expected after the halving last year but no one could have guessed right.

For me bitcoin is more of a store value. Scalping quick gains can be seductive but I prefer to hodl. There was lot of bitcoin talk and activity at the beginning of the year. People were worried if 2021 was going to be a repetition of 2017 but bitcoin just kept going up. Institutional buyers were pouring in and $100k didn't seem like a faraway dream anymore.


[moderator's note: consecutive posts merged]

[MatchPS]

I think you right! BTC is for us holders. There alot of financial institutions that are buying BTC so the money is flowing to BTC. Its alot more mainstream then in 2017 with more regulations. So for now this a good thing because 'normal' people and companies buying BTC. For longterm, regulations are not that good because BTC is for the people and not for the banks and goverments.

[iTradeChips]

Indeed, those who were able to be patient and hold their BTC even how much BTC went up and down, and how many corrections, criticism, and issues BTC had been able to receive their reward. Just imagine if you have at least 10BTC during 2011 or even just a fraction of BTC and you were able to keep it, this is a life-changing event. I think that is also the reason why there had been a lot of people who had been looking for their lost wallet access, mostly early adaptors.

I just cannot imagine those people who were the early adopters of Bitcoin. The ones who were able to get thousands upon thousands of Bitcoin. They are multi-millionaires by now, capable of buying all the comfortable amenities of life. But I could also imagine that these multi-millionaires are holding lots of Bitcoin. And maybe they are waiting for that very high price of Bitcoin maybe it will go to 100,000 dollars. I just can't imagine the money they will be spending.

[isaac_clarke22]

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?

Some have applied that, but some don't.
It depends on one's financial stability.
If I got fired from my job, then I feel like broke days are coming, either way I would now sell all my coins since there isn't reason to wait for it to grow anymore.
For others that seems to have just a fine life, without having any liabilities or financially free, hodling is fine whenever they want because even if they get losses, it won't be even a flinch because hodling is just small portion of what they invested.

[bandungan]

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)

holders are happy when they see the current price of bitcoin, especially when they buy bitcoin is very low. maybe now they get the price increase of up to 500% and above. This is something to be proud of for holders, so don't be afraid to be a holder and keep doing your best.

[blckhawk]

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?

Pandemic really makes a huge change to Bitcoin and even the whole crypto because as soon as the stock market hits hard investors try to find another way to save their assets and Bitcoin cover it all up. Now that they have been witnessed how good this Bitcoin is other institutions starting to venture as well leaving Bitcoin to grow up this much. Breaking its past ATH and grow almost 3 fold. Sooner or later it will brake a gain its recent ATH that is why we should take the opportunity to purchase in this correction.

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

Not only for holders but for everyone. Bitcoin was volatile so there are people who trade it daily and sure they make a pretty decent amount of profit. Bitcoin is not limited to Hodlers, remember Bitcoin is a currency thus, it can be used to transact in our daily life like buying stuff from it and more

[sahir786]

It 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.

[Innerpumper]

Well, some people still think bitcoin is a bubble. But the holder is the real winner. When they think of bitcoin as a bubble they will cry when they see bitcoin flying very high. Then eventually they will also join the bitcoin community and start trading.

[Botnake]

Of course, bitcoin is for HOLDERS and we can proved that in bearish situation because if you really are a holder, you would not panic and dump. Those who hold for long term has already enjoyed their profit now, imagine that bitcoin dump below $10k during the bearish period and now it has reach $60k as its ATH.

What we are seeing now might not last because volatility happens and that is normal for the crypto market and bitcoin, so if we enjoy seeing $60k and $50k, we should prepare ourselves to witness a bearish period which could happen anytime.

[onecall123]

I'm a Bitcoin enthusiast cause it's actually good for investors, and until now we have no historical data that point out negative showcase.

Buy Bitcoin and HOLD. The best time to buy Bitcoin when it dips, so invest while you can and let Bitcoin do the rest. HOLDERS crate chances of making a lot of money when bitcoin rises. Bitcoin is the biggest potential and possibilities, that's why it's highly recommend crypt's to invest.

[tbterryboy]

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)

It has always been all about having patience, if you can’t have that patience you’re always going to be missing out. And another very important is trying to invest when the market is at a lower stage (during the bearish trends), I know why I am saying this, because during the heavy bearish trends the market tends to be at its lowest level and that means that when you invest at that time and there happens to be a bull market in the future, the price is likely not to come back to that low state anymore, and you will as well have the courage to Hodl. Anyone that invested $40k price will be afraid of any sudden price change this time.

[oHnK]

Of course, bitcoin is for HOLDERS and we can proved that in bearish situation because if you really are a holder, you would not panic and dump. Those who hold for long term has already enjoyed their profit now, imagine that bitcoin dump below $10k during the bearish period and now it has reach $60k as its ATH.

What we are seeing now might not last because volatility happens and that is normal for the crypto market and bitcoin, so if we enjoy seeing $60k and $50k, we should prepare ourselves to witness a bearish period which could happen anytime.

The context you are talking about will be fine if you bought BTC for a long time, but if you buy it now are you still ready if from 60k USD the price falls to 20K USD again?  Do you really still have BTC in your wallet.  Does the panic really not attack you.  I don't agree that BTC is just to hold.  Because volatile assets like this will be more profit to trade.  Because if you invest only you receive a single profit, but if you trade, the profit becomes compound.

[South Park]

Indeed, those who were able to be patient and hold their BTC even how much BTC went up and down, and how many corrections, criticism, and issues BTC had been able to receive their reward. Just imagine if you have at least 10BTC during 2011 or even just a fraction of BTC and you were able to keep it, this is a life-changing event. I think that is also the reason why there had been a lot of people who had been looking for their lost wallet access, mostly early adaptors.

I just cannot imagine those people who were the early adopters of Bitcoin. The ones who were able to get thousands upon thousands of Bitcoin. They are multi-millionaires by now, capable of buying all the comfortable amenities of life. But I could also imagine that these multi-millionaires are holding lots of Bitcoin. And maybe they are waiting for that very high price of Bitcoin maybe it will go to 100,000 dollars. I just can't imagine the money they will be spending.

Only the ones that believed in bitcoin from the beginning have those coins, most of those early adopters sold their coins for a low price or used them when they had the chance, but without a doubt the few that still have their coins now are living a very wealthy life, however I do not think they are thinking of selling, they are just waiting for the day in which they can use their bitcoin directly without having to deal with fiat and while that day may seem to be way ahead of us it seems it is getting closer by the day.