Strong Hands Are Buying

[Imran232]

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.

[1713576779]

1713576779

[Poker Player]

Well, that's not surprising. Good deals are made by buying cheap, and now is a time when Bitcoin is cheap. We can't know i the next few months it could go lower, I wouldn't rule it out, but we are definitely in a clear buy zone if you plan to hold bitcoin for the long term. Uninformed retail investors usually do the opposite: they bought above $60-69k and sold recently.

[Oshosondy]

We can't know i the next few months it could go lower, I wouldn't rule it out, but we are definitely in a clear buy zone if you plan to hold bitcoin for the long term.

We do not even know if the price by the end of this year will be lesser than $15000, bear market can last like that of 2018 that started in January and lasted long all through the year, that is just it. I understand that it is a buying zone, because people that buy now and hold for like 3 years will make significant profit even if the price of bitcoin still decreases further this time. I agree with this.

[Superdoctor]

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.

https://i.postimg.cc/Y0NK14k9/Screenshot-2022-07-01-153732.png

https://i.postimg.cc/zXp48YG9/Screenshot-2022-07-01-150656.png

No one can predict how the market will be in the next few months but it’s best we keep hoping Bitcoin will raise and not get dipper before the end of the year. While most people are grabbing this dip as a great opportunity to invest in Bitcoin by buying more and holding some persons have lost a lot of money and cause they are scared of holding they sell out. l believe the best we can do right now is to buy and hold on to what we have before the dip.

[mk4]

I mean, if you're bullish on an asset it just makes sense to buy if the price goes down, right? Nothing really surprising here.

Also, they're pretty much almost like DCA-ing. And yet most people still try to time bottoms.

[romero121]

Strong hands making themselves more stronger buying more. Everyone find this as an opportunity, because there'll be fear behind them. These people are highly positive about bitcoin and the investments doesn't make any big impact over them, even if the predictions didn't happen on the right time period. Even the low level investors are buying more keeping in mind the year 2024.

[Leviathan.007]

As the legends say bitcoin is not for the weak hands, there were many people who bought bitcoins like other people but the difference between them and someone like Bukele is the hard times when the price falls to the lower levels, usually during this time people start panic selling because of fud and hitting the stop loss while the whales and people who know this market will keep buying bitcoin in other words they use the change they got from the market just like bitcoin is kindly giving them a discount, even if they bought bitcoin is higher prices like El Salvador they will buy more at this level to decrease their buying average price level.

[cryptomaniac_xxx]

It make sense, I mean the price is cheap so wouldn't buy at this price?

Even casual investors knows when to enter, so it's not just the whales or institutions are buying, but everyone. The difference is that the whales have deep pockets are compare to us who might be happy getting at least 0.01 BTC at the current price. And if ever the price goes down even further, then another opportunity.

[ChrisPop]

Follow the big money!

Price does not correlate with value in the short and even medium term. I think this is something most of us forget.
The sell-off is mainly caused by the instability in the economy, but what people will come to acknowledge with time is that Bitcoin should be the safe haven in crisis times. Due to the lack of liquidity in the market higher interests might be at play now --> big players want to accumulate more at lower prices so that they drive the price down through different techniques.

[harapan]

I mean, if you're bullish on an asset it just makes sense to buy if the price goes down, right? Nothing really surprising here.

Also, they're pretty much almost like DCA-ing. And yet most people still try to time bottoms.

I have come to agree that such situations are the best periods to buy. A lot of opportunities for buying at a lower and cheaper price.

But do you see this very safe , as I see this almost like putting all of your eggs in a basket. I just asked this in a similar thread so.
They invest in Bitcoin but most business over are not really into the the usage of Bitcoin for daily use.

[ImThour]

There are nothing as strong hands. It's either diamond hands or paper hands, select which one of these you are.
I would be a paper hand anyway because If I kept HOLDing, I would have missed my gains. Now using that gains, I am able to accumulate more.
Invest, Take Profit, Re-Invest, Take profit. Don't let your profit die. 

[Reid]

There are nothing as strong hands. It's either diamond hands or paper hands, select which one of these you are.
I would be a paper hand anyway because If I kept HOLDing, I would have missed my gains. Now using that gains, I am able to accumulate more.
Invest, Take Profit, Re-Invest, Take profit. Don't let your profit die. 

Congratulations then. You made some good movements there. I say you are the strong hand because thats not an easy thing to pull. A lot of courage is needed to sell at times when the price was near the ATH because many are expecting more.
I just took a slice of the pie but never pulled it all out. I was scared, and was part of the investors who expects more.
Unlike what the OP shared, I bought at a higher price and I am happy with it. Now the patience part where we wait and this might take longer if the economy won't be better.

[ven7net]

Personally, I'm not surprised that this is happening. As history shows, every time the price of BTC drops significantly, there is always someone who buys BTC on the market, thereby replenishing their portfolio. However, this does not mean that right tomorrow the price of BTC will go up again, no, on the contrary, the price may continue to go down. But then why are strong hands now buying BTC on the market when you can wait and buy later at a lower price? The thing is that just waiting for the minimum price for BTC is not a good option, since it may not be possible to buy it at all, since there are always other strong hands that will not wait for the bottom, but will buy, as they say, in parts. So they simply buy back every time the price goes down, thus after that they will sell in parts when the price goes up. So this strategy is obvious and understandable.

[sbrys]

Conceptually I have an issue with calling El Salvador strong hands 

Next to that I fully agree strong hands are buying now

[dark1234]

strong hands I think those who can defend and the strongest hands are those who prepare funds to multiply bitcoins when they fall...
regardless of the next day and month it may fall even more ..... because not everyone has the opportunity to add assets because there are no funds for it

[error08]

strong hands I think those who can defend and the strongest hands are those who prepare funds to multiply bitcoins when they fall...
regardless of the next day and month it may fall even more ..... because not everyone has the opportunity to add assets because there are no funds for it

Whoever has funds to invest in bitcoin will buy now or later, whether a country or an institution since bitcoin is still going to rise and has still been one of the most significant choices for long-term cryptocurrency investment. Although some predicted bitcoin may fall another 84%-855 from its ATH at $69k, no one really knows what the future will brings to the market, but so far $17,7k is still the lowest price since November 2021.

[mk4]

But do you see this very safe , as I see this almost like putting all of your eggs in a basket. I just asked this in a similar thread so.
They invest in Bitcoin but most business over are not really into the the usage of Bitcoin for daily use.

No one says you should solely put your money into bitcoin. There's a reason why the concept of diversification exists, to spread out risk. And no, buying other crypto is not diversification.

[kamvreto]

a very extraordinary president. Bukele is really serious about investing in bitcoin. This is indeed a good opportunity to buy bitcoin. El Salvador is increasingly having Bitcoin assets on hold. Buying 80 BTC at $19,000 is certainly the equivalent of $1,520,000, Keep adding bitcoins and when bitcoin is bullish El Salvador will have a lot to gain.

[sbrys]

a very extraordinary president. Bukele is really serious about investing in bitcoin. This is indeed a good opportunity to buy bitcoin. El Salvador is increasingly having Bitcoin assets on hold. Buying 80 BTC at $19,000 is certainly the equivalent of $1,520,000, Keep adding bitcoins and when bitcoin is bullish El Salvador will have a lot to gain.

I'm not sure if the President is doing anything more than gambling at this time. Don't think they can afford to lose their investment.

Also he is not spending his own money but the money of the people...

I also bought some but this seems irresponsible

[tranthidung]

You can follow up investments from strong hands with Bitcoin Treasuries. No matter what you see, you should not rely on their investment for your own one.

A live chart for Bitcoin wallet sizes: > 1,000 BTC is helpful too.

Buying from strong hands is not enough because in the market, we always have exchange between seller and buyer. In order to get a bottom, miner capitulation and retail investors, weak institutional investors should capitulate too.