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MiF
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December 13, 2021, 11:42:15 AM |
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Looking back on year 2018 bitcoin is on dip and no one wants to buy it that time because everyone is afraid that it will continue to fall. But those who believe and buy on dip and hold till btc reach 60k$ has gained millions of profit. So no doubt bitcoin is only for holders that has patience even the market is down.
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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og kush420
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December 13, 2021, 11:51:02 AM |
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Looking back on year 2018 bitcoin is on dip and no one wants to buy it that time because everyone is afraid that it will continue to fall. But those who believe and buy on dip and hold till btc reach 60k$ has gained millions of profit. So no doubt bitcoin is only for holders that has patience even the market is down.
I think the concept of HODLing is not only valid for Bitcoin and other cryptocurrancy, ita universal. If you have patience to HODL your crypto, stock, commodity etc nothing can take you to loss. I read somewhere but don't remember source "market goes no where, only your money goes". As of now, anyone who has bought crypto before this year and was hodling till 2021 bull run is in muc |
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kingangel
Member
 Offline
Activity: 206
Merit: 10
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December 13, 2021, 03:14:41 PM |
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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.
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Zanab247
Full Member
 Online
Activity: 1190
Merit: 123
★Bitvest.io★ Play Plinko or Invest!
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December 13, 2021, 04:01:39 PM |
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Now that the price of bitcoin is still decreasing in the market, it will be hard for investors to achieve something good before the end of this year. For those that have been holding their coins from the beginning of this year till now will have a lot to achieve in the future when the price hit $100k soon.
Holders will smile very soon because the market is about to change for their good in the community. With some signs bitcoin price is demonstrating in the market show holders are about to make a huge amount of money from their investment. Anyone that can be able to endure with the current price to hold through out this month will have reason to be happy for the holding.
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Rabi3
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December 13, 2021, 11:18:37 PM |
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Selling doesn’t translate to weakness. Bitcoin is for whatever suits your own. Not everybody entered the game to hodl.
I think we all agree that bitcoin is not just for hodlers, but it is the best for them next to Ethereum of course, others everyone has doubts on, they could crash at anytime, and bitcoin seems to be the coin that shows where the market is headed, if bitcoin drops others will drop too but not the opposite, so obviously there are other use cases to bitcoin other than just holding. |
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StLucifer
Member
Offline
Activity: 199
Merit: 10
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December 16, 2021, 04:51:52 PM |
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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.
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dark1234
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December 16, 2021, 10:21:09 PM |
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bitcoin for now is undeniably only works for holders and traders while for others it is still minimally used but whatever the reason is bitcoin is for everyone and anyone who needs it because I reasoned that using bitcoin is not only a price advantage but also benefits for its users
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nurilham
Sr. Member
Offline
Activity: 1442
Merit: 436
duelbits.com
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December 16, 2021, 10:44:08 PM
Last edit: December 17, 2021, 11:01:37 AM by nurilham |
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Bitcoin is good for holders where we know that its price can go up from year to year. Especially if we can take the advantage of the crypto market moment well. But it all goes back to each individual in managing it, if we can manage bitcoin well then the results will also be satisfactory, otherwise we can get the losses. So it's not based on having to hold back bitcoin owned in order to get profit. Whatever it is long or short-term investment with bitcoin will be profitable if the owner can use and manage it well.
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haasanjui
Member
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Activity: 434
Merit: 11
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December 17, 2021, 05:59:23 AM |
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You not say bitcoin is for hodl you can say bitcoin was for hodl because in past time BTC worth too much low and also BTC was not expensive to buy and if you had hold BTC you taked good profit but Now there are too many coins are launched and they looking better then BTC for future. And now a days BTC crash news are listened. So it is big risk to hold BTC.
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aryana42
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December 17, 2021, 02:14:55 PM |
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Yes, bitcoin underwent major changes during the pandemic. bitcoin hit the highest price ever. The pandemic is not a reason for bitcoin to collapse, behind the problems the world is facing with the virus and its impact on society, many businesses are closing, it should also have an impact on crypto. It turns out that the market is increasing, the number of trading volumes is getting higher. I will wait for bitcoin to hit ATH again.
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blackened515
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December 17, 2021, 08:33:33 PM |
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Literally, Bitcoin is more profitable to those who hold for a long period of time. Although, holding Bitcoin is not an easy task. While Bitcoin did not only traded at a high price during the Covid-19 pandemic, but also many people got introduced into the Crypto world. However, Bitcoin price have been dropping lately, is currently trading around $46k. Nevertheless, I think Bitcoin is not only for Holders, but also for those who are strong hearted. Because, Investing in Bitcoin surely requires a lot of patience.
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OrangeII
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December 18, 2021, 05:39:20 AM |
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Literally, Bitcoin is more profitable to those who hold for a long period of time. Although, holding Bitcoin is not an easy task. While Bitcoin did not only traded at a high price during the Covid-19 pandemic, but also many people got introduced into the Crypto world. However, Bitcoin price have been dropping lately, is currently trading around $46k. Nevertheless, I think Bitcoin is not only for Holders, but also for those who are strong hearted. Because, Investing in Bitcoin surely requires a lot of patience.
well, even though the bitcoin price is going down, still i feel that it is the best coin to hold. well, if the price goes down now, there's a chance it will rise again in the near future. in fact, if the price drops, it becomes an opportunity for people to buy bitcoins if they need it. well, it's just that bitcoin's high volatility means that those who hold it can't be half-hearted. when holding bitcoins, they will see rising and falling waves. so they have to stick with it to see higher prices. |
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panukurap
Full Member
Offline
Activity: 486
Merit: 100
DAEFROM.com
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December 18, 2021, 06:18:00 AM |
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It's true I agree with you that Bitoin is more suitable for holders. Don't look at the time for Bitcoin to make it more profitable and get a commensurate profit, we have to hold it. Those who are weak due to impatience and can't control their emotions are not suitable to hold Bitcoin, in fact they will experience losses. And they themselves will bear it. Therefore, before you trade, consider carefully what coin seems suitable for you.
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breathlessz
Member
Offline
Activity: 770
Merit: 12
Trphy.io
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December 18, 2021, 07:23:24 AM |
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I think bitcoin is not only for holders, but also for traders, where for those who can master trading knowledge and have expertise they can generate profits that are not inferior to the holders. so I don't think bitcoin is for people who are psychologically unstable, because of its high fluctuations
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deathcode
Copper Member
Sr. Member
Offline
Activity: 1428
Merit: 253
Eloncoin.org - Mars, here we come!
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December 18, 2021, 08:09:24 AM |
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It's true I agree with you that Bitoin is more suitable for holders. Don't look at the time for Bitcoin to make it more profitable and get a commensurate profit, we have to hold it. Those who are weak due to impatience and can't control their emotions are not suitable to hold Bitcoin, in fact they will experience losses. And they themselves will bear it. Therefore, before you trade, consider carefully what coin seems suitable for you.
that's the problem with people who are new to the crypto market and immediately buy their bitcoins without knowing the market and without making a plan. they panic too much when they see the value of their investment continues to decline because they made a mistake in determining the purchase price. their best option is to come out at a loss or keep holding on until they gain. the most important thing in holding bitcoin is emotional mastery. if calm, of course, there is no need to worry about the decline. |
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happen or be a part of it"
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Koro-Sensei
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December 18, 2021, 09:41:22 AM |
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I think bitcoin is not only for holders, but also for traders, where for those who can master trading knowledge and have expertise they can generate profits that are not inferior to the holders. so I don't think bitcoin is for people who are psychologically unstable, because of its high fluctuations
It is for everyone but more for holders. Not all can day trade but all I think can hold specially when you invest the money you can afford to lose. The problem with people that's new into crypto right now is that they see crypto as an easy to get rich scheme which is not true at all. Those who get rich are those who hold for long and acquire more in dips. |
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touseefahmad1999
Member
Offline
Activity: 966
Merit: 10
Allah is the Greatest
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December 18, 2021, 10:18:02 AM |
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my personal experienced told me bitcoin did not make ATH . I know bitcoin touches 67000$ And did Break ATH But most of the peoples still has prediction bitcoin will make again new ATH in upcoming Month . i believe because history continues repeat every halving . i think so bitcoin still not make ATH according to past history
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MIner1448
Member
Offline
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
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December 18, 2021, 10:55:48 AM |
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Bitcoin is invariably for holders, but it is not bad for traders to trade on the exchange either, especially in futures, in principle, there is good volatility on Bitcoin for this trading mechanics. The investor will certainly win in the long term.
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StLucifer
Member
Offline
Activity: 199
Merit: 10
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December 18, 2021, 04:54:07 PM |
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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.
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elisabetheva
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December 20, 2021, 01:52:09 AM |
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Bitcoin is invariably for holders, but it is not bad for traders to trade on the exchange either, especially in futures, in principle, there is good volatility on Bitcoin for this trading mechanics. The investor will certainly win in the long term.
Bitcoin is always good for anyone who will do it, whether for trading or being safe by being a holder. because every time bitcoin will always move for improvement even though sometimes there will be corrections but will guarantee the holder will get the best. does not mean that trading is not as good, just needs that are adjusted to the capabilities we have. |
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