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Author Topic: Bitcoin Hodlers are actively buying bitcoin these days  (Read 1148 times)
PrivacyG
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June 15, 2022, 05:14:56 PM
 #21

With DCA spreading like wildfire among holders, I think it is safe to say most of us have learned our lesson.  Particularly those who always had the chance to own 1 Bitcoin for cheap but never did because they were expecting the 'dip'.  DCA is now so popular I think it became the norm in investing.  Much less riskier than trading, much more fun than investing large amounts.  The sad part is that many of those DCA'ing today with the goal of getting to 1 Bitcoin had the chance years ago to get so much more than that but greed screwed their opportunity up.

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June 15, 2022, 05:53:41 PM
 #22

It would be interesting to look at the activity of buying bitcoin now, given the noticeable price change in the near future. But well, let's wait.
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June 15, 2022, 06:01:12 PM
 #23

Yes, that is correct; many people who have assets and intend to hold more than one Bitcoin are meeting their target, whereas those who want to buy but lack funds must continue to look at the market in this manner. People use money to make more money, but if you don't have any, you must be patient and watch the market. I'm hoping that this bear market will end soon.

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June 15, 2022, 06:18:02 PM
 #24

Yes, that is correct; many people who have assets and intend to hold more than one Bitcoin are meeting their target, whereas those who want to buy but lack funds must continue to look at the market in this manner. People use money to make more money, but if you don't have any, you must be patient and watch the market. I'm hoping that this bear market will end soon.

As much as possible, it's too important that we'll save and prepare for the bearish season just like how we prepare for the bull season. We will only have regrets if we will miss the opportunity to accumulate Bitcoin during this crash. If ever we lack funds during this season, we must take it as a lesson to prepare for the next crash so we'll have something to hold when the bull season approaches. Saving for investment will be the best step to a profitable future.
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June 15, 2022, 06:35:14 PM
 #25

When the market is at its lowest is always the right time to buy but sometimes people always allow fear to deny them the opportunity to buy at this time. Btc holders understand the long-term benefit of buying now so they are actively buying. History has already shown that buying in a bear market is very rewarding.

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June 15, 2022, 06:47:44 PM
 #26

This is why the rich get richer and poor get poorer, most of people who sold their coins are actually a middle or low class that invested most of his money and not use the amount that they can afford to lose. Since the Bitcoin price sudden decrease, this make them panic and they sold since they don't want to loss more. While the rich have a lot side money, the reason why they need buy Bitcoin is they're waiting until the bottom happen. $15K-$20K seems like the bottom based on the previous 2017/2018 history.
We know it's normal for most people because it's a free market where not only strong hands buy bitcoins but weak hands have them too. In turn, the rich get richer because they have great money power but most of the poor people have to give up and accept the fact that they have to sell to prevent bigger losses.

Although not everyone has the same methods and strategies, in general, long-term bitcoin holders will have a good chance of making maximum profits. The cycle will repeat itself, this is a great opportunity to make an entry.
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June 15, 2022, 08:02:00 PM
 #27

the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells.
as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.

source of the pic is reddit
They are the ones who do see for this situation for the best time or opportunity for them to accumulate more which they dont able to do so when bitcoins price hits up above 30-60k or simply they are putting their

buy orders into these levels which is indeed worth the wait.Even myself do have the money would definitely do the thing on where accumulating as much as you could but we know that
we do have limited sources and funds which its understandable that it would really be just few but at least we had made out the right thing.

Risk taking isnt something for everybody since there are still people who are still in doubt about bitcoin potential.

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June 15, 2022, 08:15:02 PM
 #28

This is why the rich get richer and poor get poorer, most of people who sold their coins are actually a middle or low class that invested most of his money and not use the amount that they can afford to lose. Since the Bitcoin price sudden decrease, this make them panic and they sold since they don't want to loss more. While the rich have a lot side money, the reason why they need buy Bitcoin is they're waiting until the bottom happen. $15K-$20K seems like the bottom based on the previous 2017/2018 history.
There's always an advantage for rich investors because even if bitcoin has dropped so much, they will never get affected and they even see it as a new opportunity to buy a lot more. That's how optimistic they are. However, the poor investors easily gets panic especially if they only rely from bitcoin for a good income, instead of buying and hodling, they end up selling their coins to cover up the losses, and convert it into stable coins. That's when the big whales become richer because they always buy when the poor ones decide to panic sell.
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June 15, 2022, 09:59:31 PM
 #29

A bearish era is a god time for all hodlers to add more Bitcoin. It is likely buyung Bitcoin with huge discount. So far, we know how the people are fear enough kf this price drop. But it is different for holders. They are haooy by ourchasing more and more Bitcoin to hold for long term investmennt. They know the value of Bitcoin. Not only about profits 

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June 15, 2022, 10:10:06 PM
 #30

the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells.
as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.


source of the pic is reddit
That is always expected for bitcoin enthusiasts. Bitcoin is the best asset here in the crypto market so if you are smart enough, you would also want to take advantage of the price dips and buy bitcoin as much as you want. However, not all investors do what is right. Instead, they resort into panic selling hoping to cut their losses. And i believe that's also their choice. I just hope that they won't regret their decisions when bitcoin skyrocket again.

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June 15, 2022, 11:48:41 PM
 #31

A very great thing to do these days. Those who understand that this dip won't last for a longer time are buying and believes that the recovery will come at any time now.
Despite the market has been hit and cut too much like a trillion, there's still hope and we know it if you've been here holding for long. No drop or correction will stop us to reach that goal of owning at least 1 solid whole of bitcoin. While the others are still crying that it's not enough for the bottom and they want to see a lower price from within.

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June 16, 2022, 12:53:51 AM
 #32

This season is indeed a time to accumulate because of the cheaper price of Bitcoin. Some investors are selling because they cant stand seeing their Bitcoin losing value, not knowing its only temporary and the time will come that the price will recover. Weak investors are often not prepared for this scenario hence FUD is taking over them.

Its understandable if you're a new investor who didnt witness the history of Bitcoin. But for investors who already know the history and used to seeing the price turning up and down, they know how to deal with this that can benefit them in the future. Thus its up to us what we want to achieve, because if you like to be a huge gainer then you need a lot of patience.

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June 16, 2022, 03:11:03 AM
 #33

A very great thing to do these days. Those who understand that this dip won't last for a longer time are buying and believes that the recovery will come at any time now.
Despite the market has been hit and cut too much like a trillion, there's still hope and we know it if you've been here holding for long. No drop or correction will stop us to reach that goal of owning at least 1 solid whole of bitcoin. While the others are still crying that it's not enough for the bottom and they want to see a lower price from within.
Those who want to continue to see prices getting lower from now of course already have their spare money to start buying again. Whales are taking advantage of the current situation as a way to get bigger profits. You just have to wait for the bull market to come back, and when that time comes there will be a lot of FOMO going on and the whales will sell at high prices. Having a stable psychology and not panicking too much will help, and definitely have some spare money to support a healthy psychology.

 
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June 16, 2022, 03:17:11 AM
 #34

the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells.
as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.
It's always like that. The majority of the people have a very short term vision, they want it all and they want it now, and they end up selling everything for a fraction of what they've paid, then they complain that BTC is a scam etc etc. This is the right moment to slowly start accumulating. Can it go lower? Of course, but maybe it's time to get something, then we'll see.

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June 16, 2022, 10:25:02 AM
 #35

True holders will always see an opportunity to buy bitcoin at this time, while others panic to see the price drop deep. They also won't buy all-in but will do DCA because DCA is a great strategy for buying bitcoins at many low price levels.
Actual bitcoiners, holders will take chances of dips, bloodbaths to load more Bitcoin for their portfolios. Bitcoin outsiders, observers will only watch and hope if they had chance, when they are witnessing a new all time high of Bitcoin. In fact, if they look back, they would see they were given many opportunities but skipped all.
With the current market conditions, many holders buy more bitcoins because they made huge profits on the last ATH last year. And now they get a big discount on the bitcoin price so they can increase their bitcoin amount again and hold it. This is a good opportunity for everyone, not just the whales, so we should also use this opportunity for ourselves.

I heard the news that the FED will raise interest rates again, which could send the bitcoin price down even further. For that, we need to be prepared and don't forget to prepare your money to buy bitcoins at low prices.
We know the world economy is built on debt and inflation. The pandemic causes a new and worse thing, hyper-inflation for world economy. Basically, it does not change and governments keep printing more fiat to circulating supplies.

The market is just panic, extremely fearful and panic now. The coming news from FED is comparable to news (announcement) from World Health Organization in March 2020 about the pandemic. When bloodbath ends, panic wave completes, the market will be well again.
This kind of cycle keeps repeating itself and only people aware of it can survive this situation even if the markets are bleeding and the world economy is struggling. Those who could endure had already prepared to see this moment and planned to use it for them. With a lot of negative news about bitcoin out there and making its price drop drastically, it makes many people panic, fear and think that it will all be over. But their hopes are wrong because bitcoin can definitely get out of every difficulty that occurs and will even surprise those who have been able to survive.

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BitcoinPanther
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June 16, 2022, 10:53:25 AM
 #36

The Bitcoin Hodlers have money to spare but even with these hodlers accumulating, the supply seems to keep on coming in, the reason for the continuous decline of the price of BTC.

This is a good opportunity for everyone, not just the whales, so we should also use this opportunity for ourselves.

If only people will start to see it that way, the price trend will be reversed.

The market is just panic, extremely fearful and panic now. The coming news from FED is comparable to news (announcement) from World Health Organization in March 2020 about the pandemic. When bloodbath ends, panic wave completes, the market will be well again.

The  Bitcoin market is always in this kind of cycle, alas, people never learned and the moment the price of bitcoin declines, their hands are shaken to sell their holdings.  Lucky are those who have a firm belief that the Bitcoin market will recover and break another series of ATH after this bear market.
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June 16, 2022, 04:14:00 PM
 #37

It's not so surprising to me for the increasing number of holders right now because Bitcoin is really cheap now and many individual investors and institutional investors that missed the last opportunity that creep BTC up all the way to $69k ATH wouldn't want to miss again and they have been waiting for this kind opportunity to come , Thus rush in to buy because they now understands what BTC is going to do in the coming years.
What is surprising is why the price are still dumping despite of the data's that we are seeing around us about how much the btc users that bought btc have tripled. Why is that? Is it because there are more dumpers than buyers? Or there are some kind of manipulations going on for btc? Hhmm, I wanna know.

People already learned since btc fall down to 3k from a 20k high but if there's ever that they missed, I think it's when they did not sell when the price reached 69k due to much greed. This is where the concern that I read last time but pretty sure that those people have now learned their lesson and will know try to sell once btc return's on that price.

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June 16, 2022, 04:17:20 PM
 #38

This is what redistribution of wealth looks like. It has never been from the "rich" to the "poor", it has always been from the stupid to the wise. This is happening in the most glorious way in bitcoin for everyone to see since bitcoin is the most transparent money in existence.
The funny thing is that not far from now people are going to start complaining about bitcoin being too expensive to buy at $100k.

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June 16, 2022, 05:05:34 PM
 #39

This is what redistribution of wealth looks like. It has never been from the "rich" to the "poor", it has always been from the stupid to the wise. This is happening in the most glorious way in bitcoin for everyone to see since bitcoin is the most transparent money in existence.
The funny thing is that not far from now people are going to start complaining about bitcoin being too expensive to buy at $100k.

Being wise is a good thing, but it is also being said that money makes money. If you are wise enough to know that you should buy bitcoin at these levels, but you do not have the wealth to buy bitcoin, then i am afraid you will not become rich. You need to be a holder, an investor and then you need to be wise enough to know when to buy and when to sell.

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June 16, 2022, 05:18:30 PM
 #40

the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells.
as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1BTC target are succeeding these days and are even surpassing that target heading to the next one.


source of the pic is reddit
This has always been a trend lately, weak hands sell their holdings in the times when ideally you should buy. This actually is the reason why the rich becomes richer and the poor becomes poorer and this obviously indicates that there will definitely be bull market once again pretty soon and this is just the time for accumulation and not selling your holdings.
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