Strong Hands Are Buying

[CryptSafe]

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.

it is nice this discussion was raised. This period ought to be the  best time for investment and only the wise, smart and sharp investor know this strategy and investment secret. This is bear market and this happens to be the best time to load your bags as an investor. many people are currently at loss as a result of this market decline, FUD and other activities which basically affect the crypto trading so therefore causes a downward trend in price action which doesn't favor the crypto market in anyway. this occurrences causes panic sellers to sell while the diamond hands bag more and keep enlarging their bags. These diamond hands are otherwise called strong hands as earlier mention by the OP so therefore no season or occurrences  on blockchain the would cause them t panic.

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[MinoRaiola]

Strong Hands buy - ok, but it always depends on how much money you have. In Africa, there are maybe many strong hands, but they do not have so much money as people in Europe. And when I look at countries and their inflation, I think there are many who don't see their value in Bitcoin, because BTC has droped very strongly this year. I'm sure we all know better, but many people don't own Bitcoins. Is it less than 3% of all the people in the world?

[taufik123]

In summary, some people invest and buy coins for some reasons while others regret and decline the opportunity for some reasons as well.
It is about choosing our wants and the life we want in the future while others are afraid to take risks but some do.

That is right, strong hands will buy, while weak hands keep doubted and afraid. And you know what, only risk-takers will benefit from the bear market, a pity to those who never see it.

Those who are afraid to take risks will never get what they want. All decisions will have risks, the only difference is the level of risk that will occur. Those who buy Bitcoin certainly have the risk of losing its value quickly because Bitcoin is very volatile, but behind this risk there will be benefits to be had if the price of bitcoin continues to strengthen. It's just a matter of trust and a choice that will determine our destiny in the future.

As Nayib Bukele did, as the president of El Salvador who believes in Bitcoin and continues to make bitcoin purchases, he has a strong hand to continue buying and continue to accumulate bitcoin purchases made, in time EL Salvador will benefit from the investment.

[coolcoinz]

Strong Hands buy - ok, but it always depends on how much money you have. In Africa, there are maybe many strong hands, but they do not have so much money as people in Europe. And when I look at countries and their inflation, I think there are many who don't see their value in Bitcoin, because BTC has droped very strongly this year. I'm sure we all know better, but many people don't own Bitcoins. Is it less than 3% of all the people in the world?

The drop is always relative and depends on the moment you enter the space. Imagine you've never heard about bitcoin and join the forums in April or May this year to learn about bitcoin. You wouldn't care much about the drop, on the contrary, it would be a nice opportunity for a newcomer who comes in with some fiat to buy at 20k and next month the price is already at 22 or 23k. You'd be ecstatic, while people who came in last year might feel exhausted after months of downtrend.

[Davidvictorson]

@CryptSafe, you do not need to quote the whole wall of text to make your reply. If it is so important that you needed to quote the whole wall of text, I recommend you read these topics

• https://bitcointalk.org/index.php?topic=5148327.0
• https://bitcointalk.org/index.php?topic=3749076
• https://bitcointalk.org/index.php?topic=4667594.0

Those who are afraid to take risks will never get what they want. All decisions will have risks, the only difference is the level of risk that will occur. Those who buy Bitcoin certainly have the risk of losing its value quickly because Bitcoin is very volatile, but behind this risk there will be benefits to be had if the price of bitcoin continues to strengthen. It's just a matter of trust and a choice that will determine our destiny in the future.

This is a recurrent event. New entrants, weak hands, short term traders have sold at a loss. Strong hands are buying the dip and I don't think it has anything to do with risk-taking because they have been hodling for since 2020. I think it has more to do with their grabbing the opportunity, the unwavering faith, confidence and hope in bitcoin.

[boris singer]

I think that this can be interpreted as a signal. But despite this, do not forget that even such experienced traders have disagreements.

Not only experienced traders. But almost everyone always has a different opinion and that is based on the experience of each person because everyone also has different experiences so it is natural that their opinions are also different. But if it's about a strong hand buying, then several people with different professions could also fall into this category so it's not only traders who have to be seen, but the large number of investors and cryptocurrency collectors I think should also be seen.

Different heads must have different thoughts, indeed, in this case, everyone has their own point of view in buying or selling because this is something very reasonable.
But indeed in this case their goal is still the same even though the reasons behind it are different.
In this case, it is clear that there are some things that will be very difficult to deny apart from a strong hand which is now certain that they will buy and wait but indeed in this case it must be paid attention so that we do not become a weak hand if we already have a strong hold, don't let it missed.

[wmaurik]

In summary, some people invest and buy coins for some reasons while others regret and decline the opportunity for some reasons as well.
It is about choosing our wants and the life we want in the future while others are afraid to take risks but some do.

Obviously, because those who dare to realize their desires will always win even if they have to play with big risks. And those who very often reason not to buy are the ones who get nothing but watching other people take profits when the market is no longer bearish.

That is right, strong hands will buy, while weak hands keep doubted and afraid. And you know what, only risk-takers will benefit from the bear market, a pity to those who never see it.

It's always difficult to convince everyone to buy as much as possible when bear conditions in the market occur. But people who are already very optimistic and willing to take advantage of the bear opportunities in the market will always have good results when it is time to sell.

[Oneandpure]

The drop is always relative and depends on the moment you enter the space. Imagine you've never heard about bitcoin and join the forums in April or May this year to learn about bitcoin. You wouldn't care much about the drop, on the contrary, it would be a nice opportunity for a newcomer who comes in with some fiat to buy at 20k and next month the price is already at 22 or 23k. You'd be ecstatic, while people who came in last year might feel exhausted after months of downtrend.

Over proud expected when entering investment with bitcoin on higher price and make them blame how bad thing happen later, exactly with beginner and first time know about bitcoin after seeing many investor reach much profit, they don't know when the expert investor entry and buy back bitcoin, but many people actually with new investor made mistake when investing. Right now many of them realize what happening with bitcoin investment after price drop. Can't be strong hands with bitcoin investment when entering with expensive values because you don't have other source or passive income, maybe different what did by El Savador president because he still have other fund for investing again in bitcoin when price drop.

[danadc]

The drop is always relative and depends on the moment you enter the space. Imagine you've never heard about bitcoin and join the forums in April or May this year to learn about bitcoin. You wouldn't care much about the drop, on the contrary, it would be a nice opportunity for a newcomer who comes in with some fiat to buy at 20k and next month the price is already at 22 or 23k. You'd be ecstatic, while people who came in last year might feel exhausted after months of downtrend.

Over proud expected when entering investment with bitcoin on higher price and make them blame how bad thing happen later, exactly with beginner and first time know about bitcoin after seeing many investor reach much profit, they don't know when the expert investor entry and buy back bitcoin, but many people actually with new investor made mistake when investing. Right now many of them realize what happening with bitcoin investment after price drop. Can't be strong hands with bitcoin investment when entering with expensive values because you don't have other source or passive income, maybe different what did by El Savador president because he still have other fund for investing again in bitcoin when price drop.

The case of El Salvador is somewhat different, for me Bukele is a man worthy of admiration because he has withstood much criticism from everyone, in the countries, in different organizations they have turned their back on him just because he believed in bitcoin, his own people he has turned his back and that some bitcoin reaches know, I hope that bitcoin rises, not only so that things go well for him, but also to show those who are unbelievers of bitcoin that this is the safest currency and action that can change their lives.

[n0ne]

The drop is always relative and depends on the moment you enter the space. Imagine you've never heard about bitcoin and join the forums in April or May this year to learn about bitcoin. You wouldn't care much about the drop, on the contrary, it would be a nice opportunity for a newcomer who comes in with some fiat to buy at 20k and next month the price is already at 22 or 23k. You'd be ecstatic, while people who came in last year might feel exhausted after months of downtrend.

Over proud expected when entering investment with bitcoin on higher price and make them blame how bad thing happen later, exactly with beginner and first time know about bitcoin after seeing many investor reach much profit, they don't know when the expert investor entry and buy back bitcoin, but many people actually with new investor made mistake when investing. Right now many of them realize what happening with bitcoin investment after price drop. Can't be strong hands with bitcoin investment when entering with expensive values because you don't have other source or passive income, maybe different what did by El Savador president because he still have other fund for investing again in bitcoin when price drop.

The case of El Salvador is somewhat different, for me Bukele is a man worthy of admiration because he has withstood much criticism from everyone, in the countries, in different organizations they have turned their back on him just because he believed in bitcoin, his own people he has turned his back and that some bitcoin reaches know, I hope that bitcoin rises, not only so that things go well for him, but also to show those who are unbelievers of bitcoin that this is the safest currency and action that can change their lives.

The story is different, because the President Nayib Bukele have taken an action that is completely against the thoughts of most of the users. Many opposed the decision of Nayib Bukele announcing Bitcoin the legal tender, but he's strong in his decision and started working on it. Even now when the market dropped down to $19k he made a buy of 80BTC

[Ebede]

Many people have abandoned cryptocurrency since it is started having a bad market movement but now bitcoin our flag out 400 red colour to green colour people are going back to value it again so what causes bitcoin to rise this time special investors who enter into the market to make sure that then break up the life of Bitcoin by pumping their money into the life of Bitcoin

[Ahli38]

DCA continues to be used and is becoming very effective in a market like this. so that the market moments that go down and up are still profitable.
if now we see a potential decline in bitcoin it looks like it will happen again. but this has actually opened up new opportunities to start accumulating again. either with the DCA technique or without it. I myself continue to accumulate and wait for every support below. and lucky in the last month I have accumulated from 17k, 18k, 19k, 20k. and now i am waiting for btc to return to my accumulation area.

I have a paper hand and am weak when it comes to altcoins. But when it comes to bitcoin then I become a strong hand to hold. because every drop is a golden opportunity to keep collecting for me.

even TRON is rumored to be accumulating BTC that has been sold by Tesla.
as shown in this picture.



So, relax and enjoy this moment!

[Xampeuu]

The drop is always relative and depends on the moment you enter the space. Imagine you've never heard about bitcoin and join the forums in April or May this year to learn about bitcoin. You wouldn't care much about the drop, on the contrary, it would be a nice opportunity for a newcomer who comes in with some fiat to buy at 20k and next month the price is already at 22 or 23k. You'd be ecstatic, while people who came in last year might feel exhausted after months of downtrend.

Over proud expected when entering investment with bitcoin on higher price and make them blame how bad thing happen later, exactly with beginner and first time know about bitcoin after seeing many investor reach much profit, they don't know when the expert investor entry and buy back bitcoin, but many people actually with new investor made mistake when investing. Right now many of them realize what happening with bitcoin investment after price drop. Can't be strong hands with bitcoin investment when entering with expensive values because you don't have other source or passive income, maybe different what did by El Savador president because he still have other fund for investing again in bitcoin when price drop.

The case of El Salvador is somewhat different, for me Bukele is a man worthy of admiration because he has withstood much criticism from everyone, in the countries, in different organizations they have turned their back on him just because he believed in bitcoin, his own people he has turned his back and that some bitcoin reaches know, I hope that bitcoin rises, not only so that things go well for him, but also to show those who are unbelievers of bitcoin that this is the safest currency and action that can change their lives.

With the increase in bitcoin later, of course, it will certainly provide positive sentiment, especially for those who are pessimistic about bitcoin, that way bitcoin will become a trending topic around the world, and this will bring new investors into the crypto world, and it is hoped that they will study it first before deciding to invest. invest, that way the crypto world will grow rapidly and what we hope can be more easily achieved, at least 25% of the world's population adopts it will certainly have a tremendous effect

[rodskee]

Many people have abandoned cryptocurrency since it is started having a bad market movement but now bitcoin our flag out 400 red colour to green colour people are going back to value it again so what causes bitcoin to rise this time special investors who enter into the market to make sure that then break up the life of Bitcoin by pumping their money into the life of Bitcoin

Lol they are not usually abandoning bitcoin instead they are just waiting for another timing , not unless you are pointing to those greed newbies that thought this will make them rich and then wrongly because instead of easy money? they earn easy losses.
because the true bitcoin or altcoin supporters?
only wanted to increase their holding by selling when the market is dumping and wait for another bottom then purchase again to wait for bull.

[salad daging]

DCA continues to be used and is becoming very effective in a market like this. so that the market moments that go down and up are still profitable.
if now we see a potential decline in bitcoin it looks like it will happen again. but this has actually opened up new opportunities to start accumulating again. either with the DCA technique or without it. I myself continue to accumulate and wait for every support below. and lucky in the last month I have accumulated from 17k, 18k, 19k, 20k. and now i am waiting for btc to return to my accumulation area.

I have a paper hand and am weak when it comes to altcoins. But when it comes to bitcoin then I become a strong hand to hold. because every drop is a golden opportunity to keep collecting for me.

even TRON is rumored to be accumulating BTC that has been sold by Tesla.
as shown in this picture.



So, relax and enjoy this moment!

Yeah I think that's good because with the DCA technique we can accumulate well, especially when the price is going down again, there are other predictions that bitcoin will continue to fall but it is very important with the DCA that we have implemented, of course at low prices we can accumulate well.
You've hit rock bottom so it's going to be a good average even if it's down again but consistently it's a good time for DCA.

Never be strong on altcoins which in essence will be bad, but indeed bitcoin can be a strong hand because there are big dreams in the future, that's why the DCA technique is applied for the future.

[Dunamisx]

Strong Hands buy - ok, but it always depends on how much money you have

it's all because of the money you have that is beyond their second thought makes it termed strong hand, this could not be an ordinary hand, the meaning weigh much than it's just been said, wealth are in categories, no matter how small the interest on each buy is when sum up together it will turn to a big and reasonable amount, why this happens is because of the huge amount of money invested on it.

In Africa, there are maybe many strong hands, but they do not have so much money as people in Europe

there are, they may just be few and the few ones almost invest wrong all.

[Mahanton]

Yeah I think that's good because with the DCA technique we can accumulate well, especially when the price is going down again, there are other predictions that bitcoin will continue to fall but it is very important with the DCA that we have implemented, of course at low prices we can accumulate well.
You've hit rock bottom so it's going to be a good average even if it's down again but consistently it's a good time for DCA.

Never be strong on altcoins which in essence will be bad, but indeed bitcoin can be a strong hand because there are big dreams in the future, that's why the DCA technique is applied for the future.

You could always have the option whenever you do have the money to spent or invest on which means that you are really that capable on doing so or simply talks about being versatile on different conditions.
Yes,DCA is very common but only a few could able to handle such accumulation because not all does have that big funds on purchasing whenever the market declines even further.It would really be a never
ending chase but we know that on a market if there's price decline then there would be always a recovery.It is really good for TRON DAO reserve on having this consideration even though
it might not really be giving some effects on big time just like on what Elon did but they did really make a good decisions on accumulating those coins in equal on whats been sold.

[JayJuanGee]

Strong Hands buy - ok, but it always depends on how much money you have

it's all because of the money you have that is beyond their second thought makes it termed strong hand, this could not be an ordinary hand, the meaning weigh much than it's just been said, wealth are in categories, no matter how small the interest on each buy is when sum up together it will turn to a big and reasonable amount, why this happens is because of the huge amount of money invested on it.

In Africa, there are maybe many strong hands, but they do not have so much money as people in Europe

there are, they may just be few and the few ones almost invest wrong all.

I think that it is important to point out that each of us needs to attempt to consider our BTC accumulation strategy in terms of our own situation, and even though there are going to be many people with more financial resources than us, we have chances to make up for our lesser resources by employing prudent and reasonable strategies, and not devolving into gambling techniques by over extending our budgets or taking unnecessary risks. 

In other words bitcoin remains amongst the best of asymmetric bets to the upside that we currently have available to us whether we have a lot of resources or even if we have few resources, we can figure out an investment proportionality that works for us to get some stake into bitcoin and to reasonably and perhaps even aggressively invest into bitcoin within our own parameters.  Historically, poor people have not been able to buy good investments because many of them either require a lot of capital upfront or even that you have a lot of cashflow to be eligible to invest, including investing in real estate.

With bitcoin, you can get into it with even a smaller budget and still end up advantage by being into bitcoin so long as you have a longer time horizon of 4-10 years or longer.

Personally, I believe that Dollar cost averaging (DCA) is the best of the accumulation techniques that does not depend upon price, even though you are able to purchase more BTC when the price is down, but you can never really know for sure if the BTC price has reached its bottom.

DCA can be supplemented by buying on the dip and lump sum investing, and sure there might be reasons to consider holding some money back to buy on dips, but we have to be careful also in terms of our getting too greedy because we already have a dip that has been in the 70% price arena and a BTC price range that is lingering below the 200-week moving average for several weeks.  Right now the 200-week moving average is $22,730.

Other members have mentioned that BTC is the ONLY crypto investment in which DCA is applicable, and that is largely true ... because bitcoin has passed the test of being a long term investment for 4-10 years or longer, and even though there are not guarantees, there are still decently high chances that BTC prices are going to be higher than they are today 4-10 years or farther into the future, and if you continue to DCA invest into BTC, it is quite likely that 4-10 years or more after you have stopped buying BTC, its price will be higher than any of the times that you had bought it previously... but also better chances if 4 years or longer.. which the 200-week moving average represents that average BTC price (based on trade volume) over the past 4 years, and is showing us that it is quite rare that we are experiencing BTC prices below it for any length of time.

There are no other coins (aka altcoins, shitcoins) that can be assessed to even be close to being into the same category as bitcoin in order to justify ongoing DCA into it and a certain level of confidence regarding the strength of such ongoing investment into BTC... even though there are no guarantees and even though it is possible that you might be able to study up upon some shitcoin and assess it to have long term fundamental value.. perhaps? perhaps?  Even if you come to such assessment about some other asset, I would be careful to not discount ongoingly investing into BTC with the vast majority of any of your total investments into crypto.. in terms of thinking about the upside and the downside (which includes rug pulls and other shenanigans that all of the shitcoins seem to have within their future.. its just a matter of when.. including but not limited to that shitcoin called ethereum.. and their smoke and mirror delusional POS nonsense.. that could get rug pulled at any time.. but could take many years as well).

Yeah I think that's good because with the DCA technique we can accumulate well, especially when the price is going down again, there are other predictions that bitcoin will continue to fall but it is very important with the DCA that we have implemented, of course at low prices we can accumulate well.
You've hit rock bottom so it's going to be a good average even if it's down again but consistently it's a good time for DCA.

Never be strong on altcoins which in essence will be bad, but indeed bitcoin can be a strong hand because there are big dreams in the future, that's why the DCA technique is applied for the future.

You could always have the option whenever you do have the money to spent or invest on which means that you are really that capable on doing so or simply talks about being versatile on different conditions.
Yes,DCA is very common but only a few could able to handle such accumulation because not all does have that big funds on purchasing whenever the market declines even further.It would really be a never
ending chase but we know that on a market if there's price decline then there would be always a recovery.

You seem to be mixing up DCA with buying on dips.

With DCA, you set an amount that you can buy no matter what.. based your cashflow, not based on the price of BTC.  Accordingly, there is a presumption that in the long run that BTC prices are going to be up higher than your DCA amount... especially if you have a 4-10 year time horizon or longer.

You can supplement your DCA strategy with buying on dips... and so save some money for buying on dips (that is optional, and we cannot be sure if more dip will happen or not, but of course, you can set up your dip parameters too.. which should be a different budget than your DCA which is just an ongoing amount.. $100 per week, $10 per week, or whatever amount that might seem feasible for your budget and having your regular expenses covered including have reserves for emergency expenses, too).

It is really good for TRON DAO reserve on having this consideration even though it might not really be giving some effects on big time just like on what Elon did but they did really make a good decisions on accumulating those coins in equal on whats been sold.

As a general principle, Fuck shitcoins, including Tron or any other shitcoin other than Bitcoin.. unless you have a plan to just get in and out of such shitcoin... if you have a plan to have long-term investments, then most of what you should be into is bitcoin (maybe at least 90% of your total investements into crypto as a minimum.. and yeah, maybe you can dabble with various shitcoins with no more than 10% of your crypto holdings, absent some special knowledge that you might have about some project, which then is suspect unless you happen to be an insider scammer).  And, don't go by what weak-handed Elon did either. Elon does not seem to know what bitcoin is as compared with his getting distracted with shitcoins. He might be an example of what not to do.. hahahaha.. if you want to go by anyone, go by michael saylor, but you have to be careful with Saylor too.. because saylor has a good cashflow that he can service and even go into debt in terms of buying bitcoin, and some people do not have such cashflows like saylor has (except maybe on a smaller scale, but not the negotiating power that he has, also. to negotiate terms of debt.. so have to be careful with too much debt unless you have sufficient and adequate cashflow to cover the servicing of the debt no matter which way the BTC price goes.).

[altefritzbitz]

Strong Hands buy - ok, but it always depends on how much money you have. In Africa, there are maybe many strong hands, but they do not have so much money as people in Europe. And when I look at countries and their inflation, I think there are many who don't see their value in Bitcoin, because BTC has droped very strongly this year. I'm sure we all know better, but many people don't own Bitcoins. Is it less than 3% of all the people in the world?

The drop is always relative and depends on the moment you enter the space. Imagine you've never heard about bitcoin and join the forums in April or May this year to learn about bitcoin. You wouldn't care much about the drop, on the contrary, it would be a nice opportunity for a newcomer who comes in with some fiat to buy at 20k and next month the price is already at 22 or 23k. You'd be ecstatic, while people who came in last year might feel exhausted after months of downtrend.

Sadly this is the inverse of the typical Bitcoin entry story. If you're new, all you see is price, you don't understand the tech and its potential. Almost everyone who enters the space, comes in at exactly the wrong time. Generating interest in no-coiners after they've been reading "Bitcoin 70% crash" in all mainstream papers (remember they probably still trust mainstream news reporting) is literally impossible. It takes about a year of solid reading and listening to understand Bitcoin enough to be able to HODL during a crash like this.

Everyone pays their tuition in Bitcoin, it's a rite of passage. We all lost a heap when we first entered the space but we stay, learn and build. The next wave of newcomers won't arrive until it's too late and they'll all lose money; that's just the way it'll be for many more cycles.

[darkangel11]

 Almost everyone who enters the space, comes in at exactly the wrong time. Generating interest in no-coiners after they've been reading "Bitcoin 70% crash" in all mainstream papers (remember they probably still trust mainstream news reporting) is literally impossible. It takes about a year of solid reading and listening to understand Bitcoin enough to be able to HODL during a crash like this.

I had a completely opposite experience which is why I cannot agree with you. I came here after the 2014 crash and it was the bear market that made the news at the time and got me interested. I did not see it as the end but an opportunity. We can't generalize. In every bear market some people will be scared and others confident. I also don't think we have to lose money to learn. Many Bitcoiners especially those who mined in 2010-2013 were never at a loss.