Strong Hands Are Buying

[Ahli38]

It's great to read posts that bring fresh news about bitcoin like this topic. Because I'm fed up with the negative FUD that keeps spreading on social media. But it doesn't affect my mentality to continue buying gradually from this level. If el salvador just adds to his bitcoin collection, and so does saylor. Then so will I who will continue to add bitcoins by buying from this discount season. although the potential for decline is still visible but at the current price I don't think there is anything to be afraid of. even if bitcoin is down 50% from its current price then it only touches around $8500 then it doesn't really matter. because when this bearish season ends and when bitcoin rises to the top of its hype again, I'm pretty sure that a new ATH will appear. So collect now while you can with cold money.

[1715250949]

1715250949

[1715250949]

1715250949

[1715250949]

1715250949

[1715250949]

1715250949

[aoluain]

The thing is that there will always be weak hands. They are the people who buy at the
top purely on emotion and FOMO and sell at the bottom* out of both FUD and/or having
put too much into buying at the top and over extending themselves.

El Salvador and Microstrategy being strong hands means those Bitcoin that have been
bought cheap wont be on sale again for a very long time. This creates an even bigger
scarcity issue in the not too distant future.

Those are huge as well, it's not like some regular stuff or a cheap retail investor or anything. Sure there are some people with a few thousand dollars who would talk about how they are selling and they are scared and all of that, which is understandable. But at the same time we are talking about something where the people who have been involved with this do not have any type of fear if they have enough money.

This is why I believe that we should not be really feel scared neither, those people with hundreds of millions of dollars, even billions of dollars involved in bitcoin do not sell and they are even buying more right now and that should tell you what the rich are doing.

Yes for sure but there are always going to be people who have weak hands they probably
dont follow strong handed people and listen to the wrong people. It sometimes comes down
to education and a little bit of research as to whether someone would sell at a loss.

The education and research would inform those as to Bitcoins historical movements

[electronicash]

The thing is that there will always be weak hands. They are the people who buy at the
top purely on emotion and FOMO and sell at the bottom* out of both FUD and/or having
put too much into buying at the top and over extending themselves.

El Salvador and Microstrategy being strong hands means those Bitcoin that have been
bought cheap wont be on sale again for a very long time. This creates an even bigger
scarcity issue in the not too distant future.

Those are huge as well, it's not like some regular stuff or a cheap retail investor or anything. Sure there are some people with a few thousand dollars who would talk about how they are selling and they are scared and all of that, which is understandable. But at the same time we are talking about something where the people who have been involved with this do not have any type of fear if they have enough money.

This is why I believe that we should not be really feel scared neither, those people with hundreds of millions of dollars, even billions of dollars involved in bitcoin do not sell and they are even buying more right now and that should tell you what the rich are doing.

Yes for sure but there are always going to be people who have weak hands they probably
dont follow strong handed people and listen to the wrong people. It sometimes comes down
to education and a little bit of research as to whether someone would sell at a loss.

The education and research would inform those as to Bitcoins historical movements

they are in crypto for profit and when they don't because of the market experiencing the winter again, they will sell with the little they have gained or even at loss to hold cash this time of crisis. whether they buy back at prices lower than where they sold, its up to them. for the experienced traders, they will sell whenever they see the price could still  potentially fall.

even when they could see there are good fundamental news like President Bukele and Saylor buying the dip, they may not be buying along with these two because they are anticipating the halving cycle only.

[Raflesia]

It's great to read posts that bring fresh news about bitcoin like this topic. Because I'm fed up with the negative FUD that keeps spreading on social media. But it doesn't affect my mentality to continue buying gradually from this level. If el salvador just adds to his bitcoin collection, and so does saylor. Then so will I who will continue to add bitcoins by buying from this discount season. although the potential for decline is still visible but at the current price I don't think there is anything to be afraid of. even if bitcoin is down 50% from its current price then it only touches around $8500 then it doesn't really matter. because when this bearish season ends and when bitcoin rises to the top of its hype again, I'm pretty sure that a new ATH will appear. So collect now while you can with cold money.

FUD news will be unavoidable because there is so much on social media and news about the decline in bitcoin prices due to FUD so for me it will not be taken seriously and focus more on buying bitcoins on a regular basis.
And indeed we can see from them about El Salvador and Michael Saylor who continue to buy bitcoins on a large scale, they have the belief that behind the discount prices there will be greater profits when all this ends, and we don't panic as long as there is safe money then buy Spread the bitcoins evenly until you collect more in your pocket.

[Mauser]

Good for El Salvador that they keep buying at such low levels. If they have the free cash to invest than it makes a lot of sense to buy now. Unfortunately my spare money this year is very limited and I managed only to buy 500 USD in bitcoins at 19,000. I would like to buy more, but taking out a loan to buy bitcoins is to risky for me. Now all I can hope is that the next rally isn't coming to soon. To be honest doubling down on their strategy seems like the only viable option for El Salvador. Accepting defeat and stopping their bitcoin approach would be political suicide, as long as they are not selling any coins they are not realising their losses. We all know crypto currencies move in cycles, it's only a matter of time for prices to recover.

[Bambozled]

I don’t think only big hands are investing in bitcoin, but also small investors like us are also investing in Bitcoin.
This is good for both.

[Sebas.tian]

Yes, the strong hands are increasing their bags and those opposed to bitcoin or still on the fence will miss out again.  Also, dont' be fooled, there are a lot of institutional opportunists scooping bitcoin up as well while FUD'ing and shaking weak hand outs.

I agree with you, because strong hands are fully prepared to achieve a good incomes from their investment. They bought few months ago when the price was $17,000, that was making some people to feel that the price will decrease to $10,000 before they can buy and hold for a bright future to come. Now that the price has increased to $20,000, showed that the price will reach $30,000 before the end of this month for those that invested a huge amount of money on Bitcoin to start expecting a good news from the market soon. Don't sell your bitcoins now, because the price will increase more before the end of this year 2022.

[Franctoshi]

We know what time we are going through right now, but we believe everything will be over very soon. And we are hearing lots of FUD and what we are doing is only sharing the news and creating this FUD viral, but those who need opportunity, they just make something else happen. But it's true that this 900B down makes the times very tough for us. But those who believed in crypto saw an opportunity at this time. who we call the strong hand. And they are grabbing much more this time. In the meantime, two of the most powerful crypto influencers added more bitcoin to their treasury. And that is called strong hands grabbing bitcoin.

Trading and investing in cryptocurrency industry involves some sort of game and only the smart people that understands how to play the game will have to play to win , it takes wisdom, research, effort to understand ways of navigating in this ecosystem which I think Microstrategy, Michael Saylor, El Salvador and other legendary investors are playing the game in the right direction and doing the opposite of what the majority investors are doing (being greedy when others are fearful and fearful when others are greedy )is a key to becoming profitable in this industry.

[wmaurik]

I don’t think only big hands are investing in bitcoin, but also small investors like us are also investing in Bitcoin.
This is good for both.

It's good for both, but it also has a very basic difference where if only one hand invests in Bitcoin, then the price fall that is too deep will happen to Bitcoin when someone sells all the Bitcoins he owns. But if a lot of people like small investors invest in Bitcoin according to their capabilities, then the potential for the Bitcoin price to fall will be slightly smaller, unless they (all small investors) sell Bitcoin simultaneously into the market. So Bitcoin will be stronger if held by many people than just one person.

[btc78]

this is far from reality of getting increase , yeah there are strong hands that is taking the advantage of buying now but we must consider that they are just a small fraction of what we need to see now for the market can be considered as pumping.
look at how the market reacts from those buying , it does not even bring us to more than 20k meaning there are still plenty that afraid to buy in chances that this will continue to fall down to 10k.

[GigaBit]

Many people are reluctant to buy Bitcoin as the current price, they think Bitcoin may fall further, it can be. But if you are thinking of a long term plan then I think it is definitely worth buying. It may be the losest price of btc $19,000, market can start to rise again from this point. Those who believe this, have been buying BTC according to their ability. If some one invests with having the volatility and risk of Bitcoin, one day it will definitely have to be introduced as the biggest assets of any particular investor.

[$crypto$]

this is far from reality of getting increase , yeah there are strong hands that is taking the advantage of buying now but we must consider that they are just a small fraction of what we need to see now for the market can be considered as pumping.
look at how the market reacts from those buying , it does not even bring us to more than 20k meaning there are still plenty that afraid to buy in chances that this will continue to fall down to 10k.

Yesterday's high only touched $20.3k however there is a strong hand that has taken advantage of the high but now it has fallen again for me, it will be difficult to return it will take some time but I think it is a strong hand that dares to buy now and sell at $20k more for what little profit they make.
I think it's a long way to go down to $10k although many waves of panic it won't make the brand drop, and could be resistant to buy much better.

[sklopan]

This may be a good sign. But it is also worth understanding that this does not guarantee growth. I believe that you need to rely on your personal analysis of the situation, and not on someone else.

[isaac_clarke22]

~

Good sign or not, it won't matter if you are a strong holder anyway.
It is not like people should lean too much to their crypto investments after all due to its unstable price.
I was holding Bitcoin even back when it sort of "crashed" (if that is everyone's term) to 3k long time ago. Can't remember the exact year, but you get the point.

[ygsmaguduru]

Buy when the value goes down, not when it goes up. I'm waiting for it to drop a little more now. We are in the best value range to buy bitcoin. We can buy bitcoins between $12k and $18k. Every bitcoin to be bought from this value will provide us with a nice profit rate for the future.

[Rufsilf]

Perhaps it was a mindset OP...
 - Buy low and sell high

We can't be wrong with those words. And by simply following that strategy we make ourselves clear that investing coins at the right time could have passive results, earning is possible. However, this will not just simply works with that, it also needs patience which becomes a challenge for most. That is to say that investing could be everyone but only strong hands are able to stay in the long run.

[kawetsriyanto]

Buy when the value goes down, not when it goes up.

Indeed. It is what El Salvador did exactly. They bought some Bitcoins when the values dropped quite much.
But it is not easy to determine when to buy exactly. We won't buy in each dump, right? So, it needs deep analysis to know when the right time to buy.

I'm waiting for it to drop a little more now. We are in the best value range to buy bitcoin. We can buy bitcoins between $12k and $18k.

Me, too. But I'm not really sure when the lowest price to buy, difficult to know what range it is. However, I also believe that there is a chance for Bitcoin price to drop below $18k. We still have no strong signs for Bitcoin to increase significantly again, in contrary we have too many bad issues related Bitcoin or crypto as a whole. It is the sign that the drop seems to continue, so just wait for the next huge dumps.

[AmoreJaz]

Buy when the value goes down, not when it goes up.

Indeed. It is what El Salvador did exactly. They bought some Bitcoins when the values dropped quite much.
But it is not easy to determine when to buy exactly. We won't buy in each dump, right? So, it needs deep analysis to know when the right time to buy.

I'm waiting for it to drop a little more now. We are in the best value range to buy bitcoin. We can buy bitcoins between $12k and $18k.

Me, too. But I'm not really sure when the lowest price to buy, difficult to know what range it is. However, I also believe that there is a chance for Bitcoin price to drop below $18k. We still have no strong signs for Bitcoin to increase significantly again, in contrary we have too many bad issues related Bitcoin or crypto as a whole. It is the sign that the drop seems to continue, so just wait for the next huge dumps.

this is why, buy at a price where you feel you have the advantage of. because no one can predict the lowest price. you are just relying on where the market goes. if you do believe that bitcoin will have good future, even at this price level - 20k+ is still good to slowly accumulate some. just think of the situation that when it goes up to even at 25k, you are reaping your profits already. that is, if you don't want to wait for 40k or 60k.

[dezoel]

I agree with you, because strong hands are fully prepared to achieve a good incomes from their investment. They bought few months ago when the price was $17,000, that was making some people to feel that the price will decrease to $10,000 before they can buy and hold for a bright future to come. Now that the price has increased to $20,000, showed that the price will reach $30,000 before the end of this month for those that invested a huge amount of money on Bitcoin to start expecting a good news from the market soon. Don't sell your bitcoins now, because the price will increase more before the end of this year 2022.

That is basically people who are either already rich, or people who have been rich before, or people who will become rich by learning and studying how to be rich. The reality is that not many people fall into these three categories in the world.

Most poor people like me, end up living very bad periods in their lives as well, like purely noodle or boiled potato, barely able to find small jobs to pay for their bills. Life is not that easy for most of them. So if you tell them that their 100 dollar investment which is huge to us, end up going to 20 dollars, that becomes hard to "hold it until it recovers". Thankfully I have been here for a long time so I make a lot more money now and I can wait easily, but I remember early days I was like that.

[Issa56]

The strong hands are buying, why the weak hands are selling. Very soon the weak hands will regret why they didn't buy bitcoin when people where making FUD that bitcoin will go to zero or bitcoin will. Bitcoin have faced a lots of challenges since when it was created and it didn't die, when bitcoin was not really known by lot's of people bitcon didn't die, so why do people still think Bitcoin will die when it's been known and adopted by lot's of people? My advise is that everybody shouldn't lose this opportunity and don't let's them be deceived, this is the best opportunity everybody is having to bag bitcoin at cheat rate.