barabarian1
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December 20, 2021, 05:17:56 AM |
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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. agree, there are trader job, to gain massive income when the price fall or rise. and many people cashing bitcoin for daily need or whatever they want. but, some people there still hold bitcoin for long time, maybe when they use trading method, they will get more than just holding, but they still hold.
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xSkylarx
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December 20, 2021, 07:41:58 AM |
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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. agree, there are trader job, to gain massive income when the price fall or rise. and many people cashing bitcoin for daily need or whatever they want. but, some people there still hold bitcoin for long time, maybe when they use trading method, they will get more than just holding, but they still hold. They probably don't have time to learn those skills and also not enough time to trade. Trading is risky, but with knowledge it lessens. The problem with trading is your emotions getting greedy. You are right, you will earn more in trading, but it takes skills and also effort since you need to learn those things. Unlike holding, you need capital, patience, and the right timing to sell your coin. Although what we choose is our own preference, both of them could earn you a huge amount of money.
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romero121
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December 20, 2021, 06:23:26 PM |
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Bitcoin is not only for holders. Based on the way users have understood, people prioritise for different needs. Most common thing people love is the anonymity. Nowadays custodial wallet usage have increased and the same has made the anonymous feature come to an end with its KYC requirements.
Bitcoin is for all, and the holders have got the ability to make good return out of the bitcoin. Short term holders make profit, but very lucky ones makes the best out of it. Trading people make a minimal earning through the market fluctuation. So, this is not about the holders. It is all about the market that is being learned. Better the learning and knowledge acquired results with better earning through all possible ways.
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mm2543363580
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December 20, 2021, 06:46:29 PM |
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BITCOIN is for Hodlers Not for weak hands (I had read it somewhere, can't remember right now)
Cant agree more. If you have knowledge with patience nothing can beat you in crypto market. See the historic price chart of BTC, hodlers always are in profit. Day traders or short term investors may get profit for time being but over the period of time they are in loss. Just imagine what your position as hodler will be if you have bought BTC at 10k one year back.
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Molinology
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December 21, 2021, 05:40:21 AM |
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Depends on your skills. If you have the technical skills for trading then it’s a good asset for traders as well. Holding is an approach for the conservatives.
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goku19
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December 21, 2021, 09:07:37 AM |
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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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AicecreaME
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December 21, 2021, 10:05:42 AM |
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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 pandemic is definitely not a blessing to most of us. It brought additional struggles to those who already were suffering and brought a whole new level of challenge to those who were doing well. Each one of us has been affected by this crisis and most are still being affected up until to this date, most especially those people who belong to the lower bracket of society. This pandemic not only has a negative effect on us but on the movement of the cryptocurrency market as well. During the start and peak of the pandemic, it caused the downtrend to the market making almost every coin's value go down and almost hit the rock bottom which caused panic to those who are still new to crypto and of course, great feeling to the pioneers because they see every ATL as a nice opportunity to buy coins with good potential. Right now, the market is still suffering from the effect of the pandemic specifically because of the new covid-19 variant which is the omicron. In addition, the usual bearish market at the end of the quarter is also happening today which is why most coins are in a low position, even the btc. So it's really a tough time to withdraw funds by now because t will just negate your original capital invested. So instead of buying high and selling low, just wait for the right time to withdraw again. Do not be easily shaken especially if you plan to stay for the long term because bitcoin together with other coins will eventually recover and bounce back to their usual positions or even exceed it when the market goes bullish again.
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bubidan.id
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April 20, 2022, 01:28:33 PM |
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Yes, it is true that bitcoin is a long-term investment asset, it is very difficult for small players to get in and out of bitcoin. Because if you want real results, be the holders and the holders usually have a fairly large amount of funding.
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Frengki_cisco
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April 20, 2022, 05:15:32 PM |
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The next short term target is $60000. For now, next target is new ATH.
ATH will happen every four years, that's the experience that has happened, I'm sure Bitcoin will have a $100k ATH level when the time comes, but the question is the lowest level before the new ATH, can $60k be the benchmark. But I have my own judgment Bitcoin will put the $25k level before a new ATH occurs.
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Anguwa
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April 20, 2022, 05:19:45 PM |
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That is a simple truth, many people lack patience during the pandemic, resulting in panic and selling off all of their BTC in the name of not losing their entire wealth, not realizing that BTC price will bounce back because BTC is the only cryptocurrency that people trust, and it will never fail because there are many strong investments in BTC and many developing nations accept BTC on a daily basis, so we have no reason to be concerned about holding BTC.
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m2017
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keep walking, Johnnie
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April 20, 2022, 06:14:58 PM |
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Bitcoin is not only for holders. Based on the way users have understood, people prioritise for different needs. Most common thing people love is the anonymity. Nowadays custodial wallet usage have increased and the same has made the anonymous feature come to an end with its KYC requirements.
Bitcoin is for all, and the holders have got the ability to make good return out of the bitcoin. Short term holders make profit, but very lucky ones makes the best out of it. Trading people make a minimal earning through the market fluctuation. So, this is not about the holders. It is all about the market that is being learned. Better the learning and knowledge acquired results with better earning through all possible ways.
Your comments are valid and I agree that BTC is for everyone, not just holders. Bitcoin is a unique tool and everyone decides how to use it. To whom to hold, and to whom to buy coffee at Starbucks (many have been waiting for this moment for a long time). I believe that BTC should not lie passively in the wallets of holders, but should "work". That is, to be used for its intended purpose and serve as a currency. Of course, all people cannot be forced to use BTC only as one tool, and this is wrong. Therefore, depending on the goals and objectives, let each of bitcoin users decide for himself to hold, trade, or do something else with his BTC. OP, let's not spread your strategy and model of using bitcoin to others and assume that your actions are the only right ones for everyone. I fully admit that this is the right decision for you, but we are all different with our own different goals. Thanks anyway for sharing your vision.
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alik111
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April 20, 2022, 07:18:29 PM |
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Of Course Bitcoin is for holders.Because Bitcoin already showed new ATH and who hold Bitcoin got a huge return. To get a huge return every traders should hold Bitcoin as much as they can.
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jahepahit
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April 20, 2022, 08:36:15 PM |
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you know people are different so not everyone is going to be a hodler and there is no specific rule which says this is what you will do with bitcoin. some are actually short term trader, some mid term trader while some can comfortably hodl for years. most important thing is to be making profit.
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topman21
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April 20, 2022, 10:24:43 PM |
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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.
Bitcoin is good for everyone. But for those who will hold on to it for a long time Bitcoin can be auspicious. When the price of Bitcoin was going to fall much lower then those who held it then after 66k dollars those who sold it but took a lot of profit.This is why Bitcoin is said to be very good for actual longtime holders.
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KennyR
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April 20, 2022, 10:44:25 PM |
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Bitcoin is to make one's wealth grow based on the time period it have been kept hold. The price of bitcoin used to grow as well as drop low with time. This is by its natural growth and it is how the network have got developed. So, whoever have got the ability to hold it for a longer time or upto the time period by which the market reaches the peak price of bitcoin will profit the holder. This is what described as bitcoin is for holders. Because, in the past there were more incidents in which people panic out of panic and sell in the short term ending with loss.
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marine4u
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April 20, 2022, 11:00:13 PM |
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Yes, bitcoin makes a great gift for loyalty, persistence. From short to long term periods bitcoin price can fluctuate over time the way it is born -> i think this is an important impetus for bitcoin holders to be able to change the real meaning of storage value and over time, wealth is the reward
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macson
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April 20, 2022, 11:23:45 PM |
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BITCOIN is for Hodlers Not for weak hands (I had read it somewhere, can't remember right now)
"weak hands" are not suitable for investing in bitcoin because they will only say bitcoin is not profitable. i met a "weak hands" in my city and he said bitcoin had made me lose, after i investigated and asked more deeply, it turned out that he was losing money because he sold bitcoins far below the price he bought it. i think it was purely his fault not bitcoin.
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getscoupon
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April 21, 2022, 07:44:15 AM |
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Is now the time to buy bitcoin? I‘m still working hard on my daily work ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Sorry for pasting the link here, just for live https://www.getscoupon.com/
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Alex Clark
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April 21, 2022, 10:35:14 AM |
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Bitcoin is not only for holders. I guess, it is a great investment vessel for people who looking for short-term profit. And aslo it is not very risky, if you create your own business, which would be connected with bitcoin. For example, a marketplace for the sale of digital goods, such as software keys, or a bitcoin casino. I even have a successful example https://oc-market.com/en/bitcoin-casino. In general, there are a lot of ideas, maybe it will be useful to someone.
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Furious 7
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April 21, 2022, 10:51:32 AM |
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Of Course Bitcoin is for holders.Because Bitcoin already showed new ATH and who hold Bitcoin got a huge return. To get a huge return every traders should hold Bitcoin as much as they can.
I don't think this is very suitable for the traders you mentioned because the majority for traders are short and medium term only and it is very inappropriate to say they are for the long term now because it is not for traders and I still feel if it is for movement and trading daily or monthly is not very suitable unless we are good at taking advantage of the situation there and take advantage even though it is small. But it's still not worth it because it takes longer to be here, especially if you have a higher target for your investment
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