Do Not Sell! Don't Let The Whales Get Your Precious BTC!

[Silberman]

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Remember, 1 BTC is still 1 BTC!

While what you are saying is the truth unfortunately people have very short memories, they only see what their bitcoin is worth now instead of also taking into account what it will be worth in the future, however they do not even consider things that could be even more important than the value of bitcoin, we are moving to a world in which there is almost no privacy and monetary controls will become stricter, and bitcoin will be there to help us to bypass those measures imposed by governments and that does not have a price.

[isaac_clarke22]

I wonder how many sold when the whales trap was around 29k.
It seemed to rebound back 30k+ as of writing this.
Nonetheless I don't care how much the hard support is now, or even if it is broken already.
Guess we'll see who are now panicking, yes?

[BlackHatCoiner]

Remember, 1 BTC is still 1 BTC!

Remember, June's demanding is not April's demanding! This phrase has to yet stop someday, we all know that in the Bitcoin system each unit is the same in terms of system's value, but not in terms of market value overtime. Note that I prefer getting paid in freshly-mined bitcoins than in tainted, which makes 1 just mined BTC not equal with 1 tainted BTC... 

Hodling right now is stupid, when the thing you are hodling is falling off a cliff.

Lol, that's the point of holding Bitcoin. It doesn't matter where it goes, you just hold it blindly.

Smarter move, cash out , wait for a sizable drop and buy back in later, and then hodl.

Me, in the previous summer, waiting for a sizeable drop of the “overvalued” $10k:

[cryptozanga]

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Remember, 1 BTC is still 1 BTC!

Holding is for noobies, end of the story.

[DeathAngel]

I’m selling nothing yet, I’ve been hodling for over 6 years. No way am I panic selling this dump, I’ve been through this scenario so many times. China FUD is getting boring, we will see $100,000 per coin this year, it is coming.

[ChrisPop]

I'm every market cycle there will be people who sell because of FUD and people who buy because of the produced sell pressure.

The ones who accumulate now might be setting themselves for potential handsome gains in the medium to long term future, but everybody needs to understand that if Bitcoin recovered from each retracement, it doesn't mean it will do the same in the future. Neither that it couldn't make even higher multiple gains from these prices.

There is still enormous space for growth as Bitcoin as an asset class has not even reached the market cap of Gold. I believe it needs to multiply by 10x from here to touch it.

[uneng]

That is fine. As soon as mining farms banned from China establish themselves in another countries, bitcoin will start rising again, towards a new ATH. I have heard Texas and Florida may be the next destination of mining operations, however I don't know how long these migrations take to succeed. Until it doesn't happen, speculators will keep making profit from dumps, so it's normal bitcoin's price reach to lower levels yet.
As the common investors don't have access to privileged informations, I think the most advised strategy is to hold, just like OP said, so they don't risk being surprisingly caught by a sudden bull run, like many were when the last bull run started last year.

[swogerino]

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Remember, 1 BTC is still 1 BTC!

Strongly agree.No matter what happens I like to remind everyone that in 2017,in August the price was as low as just a bit over 2000 dollars for a Bitcoin but then in September to December 2017 we all witnessed the first one time high.Just to add a bit of spice,the halving happened in Summer 2016.Strange enough the halving happened also in almost Summer 2020 and why not see the same September to December 2021 with much higher values now.History repeats itself they say so I am looking forward to that during this same year.

[stomachgrowls]

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Remember, 1 BTC is still 1 BTC!

Common suggestion and recommendation but it seems people never ever learn but rather they do see the same scenario and had never learnt on how this market moves or works!
They would just simply regret when they had already seen the market had made out its move or when its already making out some reversal.Majority is really on big hindrance when everyone is on fear on the time that the market is read.

Panic sellers is common but of course to those who had been waiting on the bottom are opportunity takers because chances on getting some cheap coins isnt something that you can done everyday.

Only the wise could really make out money and to those who had panicked will just be ending up regretting in the end of the day..

[virtualdn]

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Remember, 1 BTC is still 1 BTC!

Holding is for noobies, end of the story.

I'm hodling since 2013 and never sold a satoshi. I doubt I'm a newbie when it comes to Bitcoin. You have no idea what you are talking about. Panic selling is for noobs btw.

[Slow death]

That is fine. As soon as mining farms banned from China establish themselves in another countries, bitcoin will start rising again, towards a new ATH. I have heard Texas and Florida may be the next destination of mining operations...

i think people are not naive, they are asking themselves: "if china banned miners, knowing that in china electricity was cheap, then what will be the future of bitcoin mining? if they move elsewhere? who guarantees that a few years from now they won't be banned again? people are asking these questions "and how many people made profits because they bought when the price was less than $30,000 these people are selling while they're still making a profit, it's not about being a weak hand , try to use a strategy that is convenient for each person to reduce losses. not all people have guarantees that they will be alive 5 years from now to do hodl for 5 year

I think the most advised strategy is to hold, just like OP said, so they don't risk being surprisingly caught by a sudden bull run, like many were when the last bull run started last year.

there were certain conditions that allowed the bull run, and in this scenario it will be necessary that certain conditions exist to trigger a new bull run

[aoluain]

I’m selling nothing yet, I’ve been hodling for over 6 years. No way am I panic selling this dump, I’ve been through this scenario so many times. China FUD is getting boring, we will see $100,000 per coin this year, it is coming.

Its such a pity that more people cannot see this simple post, that more newbies cannot
learn from experienced Bitcoiners.

I'm every market cycle there will be people who sell because of FUD and people who buy because of the produced sell pressure.

The ones who accumulate now might be setting themselves for potential handsome gains in the medium to long term future, but everybody needs to understand that if Bitcoin recovered from each retracement, it doesn't mean it will do the same in the future. Neither that it couldn't make even higher multiple gains from these prices.

There is still enormous space for growth as Bitcoin as an asset class has not even reached the market cap of Gold. I believe it needs to multiply by 10x from here to touch it.

I truly believe there is a silent scramble to accumulate now, the easiest way is to take it
off weak hands. Maybe there is a view by more powerful people that ordinary people cannot
own Bitcoin, it is going to be for the elite only.

Most investment channels are only for the elite, more people should realise Bitcoin is
for all, we can own any amount we can afford.

Do Not Sell! Don't Let The Whales Get Your Precious BTC!

[Ryker1]

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Remember, 1 BTC is still 1 BTC!

Well, that is a simple logic that everyone must need to understand, there is no loss if you don't sell your asset because if you have 1 bitcoin, it will remain the same amount in the future and nothing will lose. It is far by now to mention the speculation of price and predict that bitcoin will create a new ATH, and break the previous record. Perhaps it will play the price around $30k up to $40k dollars this year. But that is not accurate and that is my assumption, so don't take it seriously.

[GeorgeJohn]

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Remember, 1 BTC is still 1 BTC!

Really your right from your research analysis, observation and prediction, bitcoin is showing negatively to the eye of some people now because of it's depreciation in value, so the pictures are very clear to certain individuals, because proper adequate measure of handling bitcoin this period many people will lose their cryptocurrency because fear of decrement of bitcoin, because right now movement rate of bitcoin is unbearable and not really understandable.

[tippytoes]

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Remember, 1 BTC is still 1 BTC!

Really your right from your research analysis, observation and prediction, bitcoin is showing negatively to the eye of some people now because of it's depreciation in value, so the pictures are very clear to certain individuals, because proper adequate measure of handling bitcoin this period many people will lose their cryptocurrency because fear of decrement of bitcoin, because right now movement rate of bitcoin is unbearable and not really understandable.

But for some btc holders who have urgent needs, they are usually the ones who sell off. We can't blame them because we have different needs in this market. But for those who believe that btc has bright future, and they can afford to put more funds, they will treat this as a very good opportunity to accumulate more. So remember, at the end of the day, still, it is up to the user how far he can stretch himself in this market and how patient he will be to keep on holding his portfolio.

[Nunoluck]

I hold my btc now. I think btc price almost reach lowest level in this bearish market. I still have spare money so if the price reach lower than 30k then I will start to buy again. I think it is better to hold btc now although honestly I hope more people sell their btc and make it's price fall so I can buy more.

[Yatsan]

At times like this, many people are being tested on how tough they are to endure seeing the losses they have on their portfolios that sometimes includes Bitcoin as well. It tests many of us on what we are going to do at times like this where prices are slowly falling down and see those who have soft hands to sell early because they are afraid to experience loss and saving their money on the belief that they can reinvest again when the market recovers. It will be best to hold your Bitcoin as much as you can endure for it will be worth it. Even if you ask those people that have been too long with Bitcoin, they will say the same thing. Do not get afraid, it is just normal to experience down side. Just trust Bitcoin itself.

[Fire Rabbit]

Now it's raining but good times are ahead. If you look at the whole picture BTC is doing great and I'm sure we will see BTC at $100k and beyond. But for now you need diamond hands, HODL! The weak hands will be lost along the road. Being rich is not for everybody Remember, 1 BTC is still 1 BTC!

Really your right from your research analysis, observation and prediction, bitcoin is showing negatively to the eye of some people now because of it's depreciation in value, so the pictures are very clear to certain individuals, because proper adequate measure of handling bitcoin this period many people will lose their cryptocurrency because fear of decrement of bitcoin, because right now movement rate of bitcoin is unbearable and not really understandable.

But for some btc holders who have urgent needs, they are usually the ones who sell off. We can't blame them because we have different needs in this market. But for those who believe that btc has bright future, and they can afford to put more funds, they will treat this as a very good opportunity to accumulate more. So remember, at the end of the day, still, it is up to the user how far he can stretch himself in this market and how patient he will be to keep on holding his portfolio.

Yeah thats right. Some sell btc because of urgent needs. But here majority are panic sellers
who sell their btc when they see their portfolio value is dropping and nobody can blame them because
after all they are humans and its human nature .

[Oceat]

I wonder if they could understand what is hodl since it seems that what they know is always dump dump dump. The price is a bit low but as long as it won't drop below $30k ae are still good. I'm sure if this price is going to drop more below $30k i guess everyone would start to dump.

Well, let them be just like what OP said, whales are gonna eat those BTC. Why don't they use Bitcoin just like a normal coins or money instead of dumping straight to the market. People nowadays never know what it feels like to have a full control of your own money just like banks did.

[mckinleeanael07]

It is normal for the market to go up and down, because BTC has been continuously hit by FUDs from China recently, causing the price of BTC to become chaotic and because of that many inexperienced investors have become impatient and sold off their BTC to cut their losses, so the whales bought a bunch of cheap BTC and then they Fomo to make a profit. In this market, you should always think that 1 BTC is still 1 BTC, if there is a decrease, there will be an increase. Please be patient.