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Author Topic: Bitcoin Hodlers are actively buying bitcoin these days  (Read 1104 times)
JohnBitCo
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July 08, 2022, 03:48:18 PM
 #101

This is true, It's a common behavior of people who just got into the market. They lose trust after seeing a massive down fall on prices and eventually sell their asset on a low price that result to a loss. Whales just keep taking advantage of the market buying all those discounted bitcoins, This is why whales are just becoming richer as time goes. I'm pretty sure that those weak hands just entered crypto because of the hype of bull market in the past few months and now they are suffering because we entered bear market. They haven't experience the bear market that's why it's very new to them. I hope those who just entered the market and sold at a loss will learn their lesson on their experience.
People could only be classified in to two.

1. One who do believes into potential of Bitcoin
2. One who do easily get affected by their emotion and making out direct conclusions.

Its not something new for a human being to have those reactions because who wont really be that get stressed on the time
that the market do make out some decline? For sure we are really experiencing those stuffs.

Bitcoin seems to be in the accumulation phase now as the price is hovering between 18K-22K for the last few weeks. Those who know about the bitcoin potential, they are buying at every dip. If you are long term investor, forget about the fear which is being spread about the bitcoin price dump and keep on buying/holding bitcoin.
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July 08, 2022, 08:17:41 PM
 #102

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.
Weak hands will never be totally successful and profitable because their mindset are only limited, and they easily quit and panic every time the market crashes. In the end, they only sell for a loss that made them become poorer. While those strong hands and big whales in the market are just waiting for good opportunities to take advantage, and buying bitcoin at a very discounted price will always be their most awaited moment to store a lot of bitcoin and hold them for long term.

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July 08, 2022, 09:49:47 PM
 #103

~
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.
For any investor looking to invest for the long term, this is the right opportunity to invest and wait for the long term. Yes there are doubts looming in the market surrounding the proposed taxations and new laws in the crypto space and expected regulations and the overall economic situation is not that great but still any bear market is the best time to invest.
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July 09, 2022, 09:41:07 PM
 #104

People who is financial buoyant enough that already have Bitcoin in their domain is will not hesitate to accumulate their bitcoin because of this bearish season. Because i seen this as opportunity towards 2025 which according what i noticed in cryptocurrency and especially bitcoin, after two or four years constantly rise in the market, it takes bitcoin same wavelength or equivalent duration before it will retain it's space or position. That is while investors that knows the domination or the pathways of cryptocurrency regulations continue to hold more of bitcoin, and intensionally knowns that it will skyrocket any moment from 2024 and 2025.
People who have not stopped buying bitcoin even at the very bearish market are those who have long term investment plan, and that they have seen it already that long term hodling of bitcoin will create them big winners in the market. So it's not surprising that bitcoin hodlers are still taking every chances in this bear market and even do DCA so they can't miss every dropping prices for bitcoin. The market bull run may still be uncertain as to when its going to happen, but rest assured that we will witness that after the bearish market is over.

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July 09, 2022, 09:51:04 PM
 #105

People who is financial buoyant enough that already have Bitcoin in their domain is will not hesitate to accumulate their bitcoin because of this bearish season. Because i seen this as opportunity towards 2025 which according what i noticed in cryptocurrency and especially bitcoin, after two or four years constantly rise in the market, it takes bitcoin same wavelength or equivalent duration before it will retain it's space or position. That is while investors that knows the domination or the pathways of cryptocurrency regulations continue to hold more of bitcoin, and intensionally knowns that it will skyrocket any moment from 2024 and 2025.
People who have not stopped buying bitcoin even at the very bearish market are those who have long term investment plan, and that they have seen it already that long term hodling of bitcoin will create them big winners in the market. So it's not surprising that bitcoin hodlers are still taking every chances in this bear market and even do DCA so they can't miss every dropping prices for bitcoin. The market bull run may still be uncertain as to when its going to happen, but rest assured that we will witness that after the bearish market is over.
i know vividly that investors who is holding bitcoin and who is purchasing more now is long term investors, which their is every tendency their budget and strategic plans is to hold coin for some intervals of time before selling and their objectives is for crypto to reach certain level and exactly bullish before selling. Which anyone who have no courage or experienced will not the purpose of purchasing during the frame of bearish and hold for long period

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DoublerHunter
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July 09, 2022, 09:58:41 PM
 #106

~
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.
For any investor looking to invest for the long term, this is the right opportunity to invest and wait for the long term. Yes there are doubts looming in the market surrounding the proposed taxations and new laws in the crypto space and expected regulations and the overall economic situation is not that great but still any bear market is the best time to invest.
^ That is definitely right and it was proven and tested by the country of El Salvador, they invested during the dip even though they know how investing in BTC is risky. BTC investment has always guaranteed to make a profit and as BTC enthusiasts, they know that this will happen at the right time, and now is the right time to invest while the market was in a correction. But I hate people who keep talking about BTC when the price is up but when it is on the dip they keep rejecting it, they always have doubt on it.
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July 10, 2022, 06:45:14 PM
 #107

For any investor looking to invest for the long term, this is the right opportunity to invest and wait for the long term. Yes there are doubts looming in the market surrounding the proposed taxations and new laws in the crypto space and expected regulations and the overall economic situation is not that great but still any bear market is the best time to invest.
^ That is definitely right and it was proven and tested by the country of El Salvador, they invested during the dip even though they know how investing in BTC is risky. BTC investment has always guaranteed to make a profit and as BTC enthusiasts, they know that this will happen at the right time, and now is the right time to invest while the market was in a correction. But I hate people who keep talking about BTC when the price is up but when it is on the dip they keep rejecting it, they always have doubt on it.
They need to do that because they represent bitcoin as they are the first country that made btc as a legal tender. When they show their receipt that they are buying loads of btc during this bearish market, it then gives an encouragement or confidence for others to do the same thing but no, btc can't guarantee us a profit because it was volatile and as we can see we are now in a bear where people are now losing a big percentage of their investment.

Up or down, there will always be a talk about bitcoin because it was the most popular crypto, while it is true that there are people that are more confident to invest when btc is rising. Well that was their strategy. We can't do much anything about it.

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July 10, 2022, 06:54:04 PM
 #108

It’s a no brainer, for anyone who can afford to Buy Bitcoin right now to accumulate more, at some point Bitcoin always offers another chance to enthusiast and holders to scoop More Bitcoin at a lower price, it’s always going to be a big win, i really don’t understand the orientation that those selling their Bitcoin right now have, and if it’s not to complete lose then I don’t think Bitcoin investment should be on their agenda in future.

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ingiltere
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July 10, 2022, 07:09:37 PM
 #109

That graphic don't directly say people buy Bitcoin but rather more addresses have >1 Bitcoin. That could also mean people split their coins etc. You know it's risky to hold all Bitcoin in same address.
I believe real Bitcoin investors buy more coins in times like this as price is low and hype is gone. As most of you I also use strategy to accumulate Bitcoin weekly or monthly, I don't feel comfortable staying in fiat money. I'm pretty sure a lot of people think same here and best way to be protected from inflation is collecting more Bitcoin.

R


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July 10, 2022, 07:10:27 PM
 #110

It’s a no brainer, for anyone who can afford to Buy Bitcoin right now to accumulate more, at some point Bitcoin always offers another chance to enthusiast and holders to scoop More Bitcoin at a lower price, it’s always going to be a big win, i really don’t understand the orientation that those selling their Bitcoin right now have, and if it’s not to complete lose then I don’t think Bitcoin investment should be on their agenda in future.
No doubt buying now or lower will be the winner at this point, I think it does offer a good opportunity to buy more as much as possible like what I said because otherwise, this moment won't last forever but we have to think ahead how can bitcoin soar high, don't ever be a regret like before, we know difficult situations make us nervous because we are afraid to go down again, but if we think badly it will make it difficult for us to buy now.
My principle is not to sell now even if I panic, I will continue to buy at the right time.

R


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July 10, 2022, 07:12:07 PM
Last edit: July 10, 2022, 09:24:34 PM by Mr. Big
 #111

Most important to think about is if you run out of talent.



I have the cheese pops and the beers.

What talent you may ask? (I switch to hodl from here. provides more freedom).



It’s a no brainer, for anyone who can afford to Buy Bitcoin right now to accumulate more, at some point Bitcoin always offers another chance to enthusiast and holders to scoop More Bitcoin at a lower price, it’s always going to be a big win, i really don’t understand the orientation that those selling their Bitcoin right now have, and if it’s not to complete lose then I don’t think Bitcoin investment should be on their agenda in future.
No doubt buying now or lower will be the winner at this point, I think it does offer a good opportunity to buy more as much as possible like what I said because otherwise, this moment won't last forever but we have to think ahead how can bitcoin soar high, don't ever be a regret like before, we know difficult situations make us nervous because we are afraid to go down again, but if we think badly it will make it difficult for us to buy now.
My principle is not to sell now even if I panic, I will continue to buy at the right time.

Take a look at bitcoin rainbow chart and believe trend.



You will not get insurance cheaper than that. Not a bot.

Throw some "shit" and see what sticks.
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July 10, 2022, 08:42:29 PM
 #112

Apart from the obvious the chart is presenting, which is the possible increased accumulation of Bitcoin, it also shows that people are confident in Bitcoin's recovery in the future, which is definitely positive. I wish the condition wasn't that bad, because I'd buy too, but due to the economic recession and uncertainty we're currently going through, I can't afford to use much, if any, of my salary for investments.

R


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LLBIT
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Clochaard
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July 13, 2022, 04:04:39 AM
 #113

Not only according to charts the value of the bitcoin will rise but also many big institutes like Deutsche Bank and investors have anticipated the rise in the bitcoin value. I am optimistic about the future of bitcoin.
Codswallop
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July 19, 2022, 06:10:26 AM
 #114

I think this is exactly what wise people do. Wise people will take the advantage of the market movements and buy or sell just at the correct time. It does not take years of experience to develop this wisdom, but simple application of basic knowledge and presence of mind.
Falconer
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August 12, 2022, 04:03:23 AM
 #115

I think this is exactly what wise people do. Wise people will take the advantage of the market movements and buy or sell just at the correct time. It does not take years of experience to develop this wisdom, but simple application of basic knowledge and presence of mind.
Of course, but to be wise one must have knowledge and experience as well as mental readiness and good capital as well. Indeed many people seem to say something easily but it is difficult to prove it because the market is never what we imagine forever. Sometimes it goes down even though the fundamentals are good, but on the other hand it can go up even if there is only the slightest trigger.

Recently the market has been on the upswing and that has added to a lot of traders' optimism about the possibility of a break of higher resistance. $25K was on the verge of breaking out but now I see a slight correction there allowing traders to buy. But in the long term, you have to stay patient and don't be swayed by this small swing because it's still not half of ATH.

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