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Author Topic: Bitcoin Hodlers are actively buying bitcoin these days  (Read 1148 times)
yhiaali3
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June 16, 2022, 05:23:15 PM
 #41

This is always the case, there is no place for the weak in this world, they are always losers, unfortunately a large number of bitcoin holders put everything they have in buying bitcoin so when the bitcoin drops significantly they panic to lose all their money so they panic sell at a low price and here comes an opportunity Big whales to catch small fish and get stuffed up, panic selling is a big mistake that these people make because instead of saving their money they will lose a lot, if they are a little patient to avoid this loss and get additional profits as well.


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June 16, 2022, 05:44:12 PM
 #42

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

Obviously must be doing so. Harvest time to do so. Yes, its still going down and not sure when this long correction would end but as long as its prolonging, its a great time to all traders to pile their buckets with not only Bitcoin, but all other altcoins as well. I too planned to invest some amount on Bitcoin and on few best altcoins like Matic, BNB and on Wazirix. Right time to buy coins very cheap now. Its better to accumulate as much as possible now.

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June 16, 2022, 07:58:05 PM
Merited by The Sceptical Chymist (3), Coin-1 (1)
 #43

I am a firm believer that buying bitcoin on a downturn is the best way to go if the goal is for the long term. Investors will do this because they know that it is entirely possible for bitcoin to go higher in the long term as history keeps repeating itself. Bitcoin holders are those who believe in bitcoin's long-term potential, and so far seem to realize that buying momentum has opened up for them as bitcoin's massive correction in recent days is the best opportunity.

I would probably do that too for anything I could afford to lose, but I believe bitcoin is not an asset that is very close to failure and I believe it will continue to grow over time.

 
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June 16, 2022, 08:13:23 PM
 #44


source of the pic is reddit

The bear market does not give alarm before coming, assuming it does, people would have saved for it, people would have prepared for it. But the bear is a season we all know must come. We still understand that the weaks hands will sell off while the die hard hodlers will continue to hold.
Most times it is not the with of the weak hands to sell but if they actually entered the market with amount of money they cannot leave for a long time, they will have no option than to sell at minimal loss.
This industry is too dynamic and it makes the rich keep surviving at the expense of the poor.

R


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June 16, 2022, 10:00:43 PM
 #45

People who are into the cryptospace for a long know well about the market and the potential of bitcoin. This lets them go for atleast a bitcoin as the price have dropped down. Apart from that new users who have been waiting for a long time to enter the market have made themselves strong and have made their first purchase.

The first purchase were entirely out of self decision, and very few have come with the suggestion of others. So, the market is being understood and people are making use of the drop as an opportunity.
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June 16, 2022, 10:21:00 PM
 #46

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 is the reason why those newbies or weak hands have fears in the bear market because they can't control their emotions seeing their investments value have dropped so much. So instead of doing the right thing, they tend to panic emotionally and end up selling their coins at a very low value. The reason why they end up still very poor no matter how hard they try to invest and leave the rich hodlers of bitcoin become richer in less time.

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June 16, 2022, 10:44:16 PM
 #47

I am a firm believer that buying bitcoin on a downturn is the best way to go if the goal is for the long term. Investors will do this because they know that it is entirely possible for bitcoin to go higher in the long term as history keeps repeating itself. Bitcoin holders are those who believe in bitcoin's long-term potential, and so far seem to realize that buying momentum has opened up for them as bitcoin's massive correction in recent days is the best opportunity.

I would probably do that too for anything I could afford to lose, but I believe bitcoin is not an asset that is very close to failure and I believe it will continue to grow over time.
It is to say that some are happy about this huge drop and patiently waiting for this moment to come. We can say it is a great opportunity to sell our Bitcoin during the ATH but this time, it was also buying opportunity.

Well, I don't make myself to encourage people to buy Bitcoin at these cheap prices but there is one thing I have to say, investing now is a big sacrifice for ourselves as for sure we have to wait longer before we make a good profit. If this has been hard for us, then never we have to pursue buying now but instead, just sit back. Well, I'm talking this to newbies and undecided individuals.
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June 16, 2022, 10:49:00 PM
 #48

It makes sense to buy right now, I mean think about it, if you are a bitcoin investor then you think that bitcoin price would go up and if you think that it would go up then you see it down which means that there is a fear of never seeing it this low again so you do not want to miss this chance. I am not saying that you should buy it right away but that is the mindset of people like me who think that bitcoin will always recover and go up. I believe that it will be 100k one day and eventually 200k and even 1 million dollars. So I do not think that it would be too wrong to think that it would be a high priced thing, so why miss out right now?

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June 16, 2022, 11:09:50 PM
Merited by The Sceptical Chymist (2)
 #49

If there is something I learned in the investment world, it is that you always have to BE FIRST in every purchase that you do. HODLers who are actively purchasing BTC in this bearish market are just taking advantage of low price, hoping that one day its price would skyrocket in the near future.

Imagine, the price of BTC already reached $60,000 last year. The possibilities are endless and people would definitely expect that it might happen again anytime soon. I guess this is an obvious sign that HODLers should take advantage and purchase more at this time.
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June 16, 2022, 11:42:55 PM
 #50

makes sense.
Why?
Yes, because the holders always take advantage of every decrease in the price of Bitcoin to collect more Bitcoin and hold them for a certain time. sometimes, in these bearish times, many holders buy to prepare for the upcoming bullish period. There are also those who are true holders who buy and store them indefinitely. Or those who really want certain targets to be achieved.
And from here we learn if we also want to be a holder. It's not just buying Bitcoin when the price is soaring and afraid to buy when the price is going down like this.
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June 17, 2022, 03:49:31 AM
 #51

Quote
Yes, because the holders always take advantage of every decrease in the price of Bitcoin to collect more Bitcoin and hold them for a certain time. sometimes, in these bearish times, many holders buy to prepare for the upcoming bullish period. There are also those who are true holders who buy and store them indefinitely. Or those who really want certain targets to be achieved.
And from here we learn if we also want to be a holder. It's not just buying Bitcoin when the price is soaring and afraid to buy when the price is going down like this.

I agree with you, because many people are using this advantage to buy more of bitcoin and hold for a better future to come before they can sell to make a passive income. Now that the price has dropped down to $20,000,it will be favourable for both long term investors and short term investors to use this opportunity to purchase bitcoin and add to the one they have bought before, to enable them to achieve their goal in this season of profits making. I think, majority of people buy bitcoin when the price is low in the market, because they believed that is the best time to prepare ahead for a better future.

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June 17, 2022, 04:04:59 AM
 #52

Now bitcoin in so Dip and i believe this is last chance to buy bitcoin in dip. when bitcoin will pump again Btc will never down bellow $50k. The next ATH for btc $100k and it will happen in year or a Couple of year. The real holders will go to the moon in this opportunity.  And panic holders will regret it.

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June 17, 2022, 11:56:45 AM
 #53

The long-term holders will still buy bitcoins and put buy orders at different price levels to decrease their buying levels that's how they increase the profit they earn because they do not worry about the situation of the market in the bearish phase and they don't have a plan to sell bitcoins at this level, so buying bitcoins whenever the price is doing a downtrend movement and everyone is selling can be profitable for them in long term.

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June 17, 2022, 12:36:27 PM
 #54

The long-term holders will still buy bitcoins and put buy orders at different price levels to decrease their buying levels that's how they increase the profit they earn because they do not worry about the situation of the market in the bearish phase and they don't have a plan to sell bitcoins at this level, so buying bitcoins whenever the price is doing a downtrend movement and everyone is selling can be profitable for them in long term.
Apparently, it makes them decide to do this as a way of helping the market and also taking advantage of the situation. We can say, it is a sort of manipulation but guess what? We as small investors are making benefits from it as well. Holders are not afraid to take risks as they somehow believe that they won't fail but succeed. Keeping those spirits is I think we need to adapt and instead of thinking negative upon seeing the chart, we tend to divert it by looking at bear season as an opportunity.

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June 17, 2022, 12:53:51 PM
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 #55

for me 1 btc is a beautiful nominal. especially those who are strategic and successful like the table you stated.
The panic selling is still felt to this day, added fuds that continue and are there every day.
Bitcoin bearish and bullish decimals are felt if they have a decent unit. No wonder it's recorded in some media about a handful of people who are still strong and save with technique.
maybe if it can be penetrated there will still be a discount until the hand or Q3 this year. Since the beginning of the year the decline has been neat and continues to be basic.
I'm also thinking about analysis from other users, why is the market like this but they (whales) keep buying or manipulating the movement

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June 17, 2022, 02:13:02 PM
 #56

If you wanted to own bitcoins in the past but feared the price was too high, then obviously this is your last chance to buy bitcoins at a high discount. As a long-term holder, you should not ignore this moment, holding bitcoin is never the wrong choice. Bitcoin proves that it will increase over time, a short-term drop is just normal nothing too serious. Holding bitcoin at this point may take a long time, but the rewards will come to true investors.

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June 17, 2022, 02:46:47 PM
 #57

I am happy if it's indeed an indication that those striving to get 1 BTC are finally getting it. It's some wealth, but not much wealth in most countries. It's the sort of money that can be life-changing if you're not rich and barely middle class. I hope they'll hodl long enough to actually benefit from the change.
I also thought about whether the rich addresses are growing in numbers as well and assumed that perhars it's actually the riches panic selling now, so I am happy tranthidung provided links with this data. It seems that generally they tend to sell when the price is high and buy when it's getting lower, but there are temporary changes that don't conform to it as well (such that that over the last 1.5 months both the price and the number of the richest addresses has been decreasing.

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June 17, 2022, 02:53:39 PM
 #58

People who missed out on holding bitcoin on its road to $68k are filling up their bags now to avoid a repeat of such occurrence and the current bear market has given a lot of investors to come in and own some amount of bitcoin at a very cheap price compared to what they missed out on. So yeah, as the bear market continues the rich (holders) will continue to get richer and the poor (paper hands) will continue to get poorer. It's simple logic.

My advice is to continue to buy as much bitcoin as you can afford albeit with money you can afford to lose. Not the kind of money that if when lost will crumble your day-to-day finance.
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June 17, 2022, 02:54:18 PM
 #59

This is really exciting. Although the dump is bad but at the same time I am happy to get such an opportunity to buy BTC at such cheap prices.
Thanks to all the weak hands, now we can buy more BTC for the same amount of money we used a year ago.
People are saying bitcoin will dump more and in that case I would like to wait further to see if I can buy more satoshis at cheaper prices. I am getting so greedy because of the dump.  Grin

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June 20, 2022, 09:09:03 AM
 #60

Yes I feel that bitcoiners sees this time as the best time to lay their hands on more coin reasons been that BTC is very cheap now. Then on the other hand people that were not opportuned to benefit from BTC before now are also buying now so in general am sot surprised at the increase number of holders of BTC now everyone want to benefit from it 

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