BTC Price Drop - How are Bitcoin Long-Term Holders Responding?

[Elena_Rodriguez]

Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

What are your thoughts on this? What could be the rise of price by end of 2022?

[hyudien]

Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

What are your thoughts on this? What could be the rise of price by end of 2022?

Not sure how the end of 2022 will increase or not. Winter, Christmas, and New Year, and people are starting to withdraw their finances to prepare themselves to watch the world cup added to the current issue of centralized exchanges experiencing bankruptcy has sparked concern for users, both traders, and investors, to immediately secure their assets to their personal wallets so as not to suffer the same thing that FTX users feel. Furthermore, it is driven by the estimated predictions for 2023, where the economy will face a recession, which clearly has a significant impact on the price of Bitcoin and other altcoins because people will be predominately preparing cash funds for some time to come.

[hugeblack]

There is less than 50 days left for this year, and then we are scheduled to witness a new increase in the interest rate, layoffs of more employees, and an increase in unemployment, so it is unlikely that we will witness financial flows that lead to a change in the rate.

Therefore, economic will not change much during this world, perhaps after the month of March, we may witness a real change.

[palle11]

As things are looking with the economic indicators globally are not very favourable to people's pockets, that may affect the rate of btc withdrawal this year end. For now I don't know if that will pull price down but usually during the first and second month of the new year, it is always a slow start because of the activities of December month. For now it is still not a certain moment for investors who want to use free money for the festivities and not to buy.

[boyptc]

Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

What are your thoughts on this? What could be the rise of price by end of 2022?

We as long term holders have been holding it for years. We don't mind how low it will be but mostly only thinking of how high it can be and that's the time that we'll start to panic, panic in selling at the highest.

Basically, we're all in profit and those that have been holding since 2018 up to now, took some profits last year and still have something to hold until now.

[AicecreaME]

Chilling while waiting for the bull run since that's all I can do, to wait. Panic selling won't help, or any kind of panicking. It is important to have a huge amount of patient, and do something else to earn money while we are in a bearish market. Waiting patiently is easy if you know bitcoin really well, because if not, you can't sleep well at night because of the much thoughts circling around in your brain.

[cheezcarls]

Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

What are your thoughts on this? What could be the rise of price by end of 2022?

The problem is that we just do not know how long will the bear market going to last. I bet that it is going to be long and we may not see a bull run next month, but I could be wrong.

There are no guarantees or promises when it comes to the prices of Bitcoin and other cryptocurrencies by the end of 2022 because it’s so unpredictable and we may not know if it goes up or down without warning.

[Nrcewker]

Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

What are your thoughts on this? What could be the rise of price by end of 2022?

We are long term holders, we don’t care for these mini dumps which are done by this big whales. It’s just temporary fluctuations which are nothing but opportunities for new users to join into the Bitcoin ecosystem. Rather than panic selling, we should buy more Bitcoins in this bear market and hold until we get profit. Bitcoins are so valuable that, after some years it will become really rare, and for this the price will go up, and we gonna enjoy huge profits.

[pawanjain]

Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

What are your thoughts on this? What could be the rise of price by end of 2022?

True bitcoin holders wait eagerly for such moments because this is the time when they can buy more coins at cheaper price.
They know sooner or later the prices will rise again bitcoin will touch another ATH. The profits will increase massively if they buy at such dips and sell later.
So I am in the same boat. Although I don't own much sats but I am trying to implement the same strategy and trying to accumulate as much as I can in this dump.

[Issa56]

Despite a rise in volatility and massive losses for BTC the long-term holders are positive.

We are definitely positive because we know bitcoin will definitely bounce back, we have experience this kind of market condition and bitcon bounced back then, so even now bitcoin is definitely going to bounce back, just that nobody knows when that will happen, but we are definitely going to hold till then, we are not selling and we are not getting discouraged.

What are your thoughts on this? What could be the rise of price by end of 2022?

I don't think anybody can really predict what bitcoin price will be before the end of the year, the year is about to end so I think it's better we wait and see what will happen.

[AmoreJaz]

Despite a rise in volatility and massive losses for BTC the long-term holders are positive.

We are definitely positive because we know bitcoin will definitely bounce back, we have experience this kind of market condition and bitcon bounced back then, so even now bitcoin is definitely going to bounce back, just that nobody knows when that will happen, but we are definitely going to hold till then, we are not selling and we are not getting discouraged.

What are your thoughts on this? What could be the rise of price by end of 2022?

I don't think anybody can really predict what bitcoin price will be before the end of the year, the year is about to end so I think it's better we wait and see what will happen.

for crypto holders who have been here long time, they may see this period as a very good opportunity to stack up their btc holdings. because if we do believe on this market, it means, we have high hopes that this market will recover sooner or later. but no one can exactly predict this market, even those known personalities in crypto or other self-proclaimed crypto experts.

[Vaskiy]

Long term holders never think of anything happening in the market. They just focus on accumulating more to the portfolio. This is just out of trust and on the understanding they have over the market. Quite often we used to encounter some issues and the price gets disturbed at times. This is common from the beginning of Bitcoin, so the long term holders just look for opportunities to increase the holding and never panic as the portfolio have high percentage of bitcoin.

[Bitcoin_Arena]

Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again.

In case you are new in this space, it's been like this since Bitcoin's existence. HODL tight!!!

On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

On chain fundamentals shouldn't be religiously relied on though. People have been cashing out of exchanges because of the recent LUNA and FTX horrors.

What are your thoughts on this? What could be the rise of price by end of 2022?

End of 2022 is too close, probably mid 2024 and onwards if you have observed the previous cycles

[NicNacCoin]

Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

What are your thoughts on this? What could be the rise of price by end of 2022?

But we have come to the end of the year. So far the price of Bitcoin has not increased but rather decreased.In such a situation no investor is able to invest properly. Different analysts are not able to accurately analyze which direction the market will go.However, many analysts have analyzed and said that the year 2024 will be the next halving of Bitcoin. But we investors must wait till 2024 and till then our bitcoins and all Should be held for long term.

[ethereumhunter]

Any long-term bitcoin holder can still be patient, even if that means we will still hold bitcoins for another 2-3 years because we have experienced this before. And even most of the long-term bitcoin holders have experienced a very sharp drop before, making us even stronger holders who can buy more bitcoins when the price drops like it is now.

As for the hike, it may not happen late in 2022, especially with a very high increase. But the increase may still occur at the end of the year because all possibilities can still occur and no one knows what will happen next.

[Wexnident]

Long-term investors are called long-term because waves like these usually won't affect them. Especially if the cause was rather clear in cases like this (The FTX issue), and wouldn't really affect the market in the long term that they're looking at. Some long-term hodlers probably even held way back when Bitcoin was in 3, or 4 digits, so even with the current price they'd probably still profit.

As for the price by the end, I reckon we'd still be hovering below $30k. There may still be issues that crop up that could potentially push the price down temporarily like right now, positive news are also unlikely even to push it that big, so we're off to a steady movement for the rest of the year imo.

[el kaka22]

Due to multiple reasons, the value of bitcoin is always bullish hence if you are a long term holder then you never bother about any bearish trend of bitcoin markets. Just imagine if you have bought bitcoins by the times of 2016 when bitcoin was trading below $1000, then you are already in profits for at least 10 folds; and might be keeping your imaginary stop-loss around 2x or 5x from your buying prices then you will stay calm and might be focusing arranging more funds to make use of a 'perfect' bottom.

Not just with bitcoin or cryptocurrencies in general, I do notice that all long term holders of other investment like stock or gold or realestate also enjoying massive profits in long run. But, unfortunately people here do mistake the term long term with months of holding or 1 or 2 years of holding but we need to remember that bitcoin's cycle is 4 years long hence your long term plans must be based on how many bitcoin cycles that you are going to cover.

[Anguwa]

Despite a rise in volatility and massive losses for BTC the long-term holders are positive. It is observed during recent sell-offs and downturns, those who hold for a long time generally remain optimistic and are patiently waiting for the price to rise again. On-chain fundamentals are strong and with the halving set to come in the near future the supply of bitcoin will be restricted and will create further upward price pressure.

What are your thoughts on this? What could be the rise of price by end of 2022?

Long-term Bitcoin investors continue to believe in Bitcoin and the entire process, so they have hope that the price will return and even increase more than it has in the past. As a result of some Altcoins having bridges, the market is increasingly experiencing ups and downs, which puts pressure on sellers as some people actually lose interest in cryptocurrencies. Even so, there is still a chance that if this year ends, we can monitor the next course the market will take.

[Wind_FURY]

BTC Price Drop - How are Bitcoin Long-Term Holders Responding?

I believe it should be the same way that YOU, or every pleb like me should be responding. Get a job/second job for the next two years in the bear market, minimize your monthly expenses, save most of your salary, and if you can move back to your parents' house/share a house or apartment with a sibling/relative/friend. We should have enough "little soldiers" to deploy to "attack" the next bull market.

[SirLancelot]

Due to multiple reasons, the value of bitcoin is always bullish hence if you are a long term holder then you never bother about any bearish trend of bitcoin markets. Just imagine if you have bought bitcoins by the times of 2016 when bitcoin was trading below $1000, then you are already in profits for at least 10 folds; and might be keeping your imaginary stop-loss around 2x or 5x from your buying prices then you will stay calm and might be focusing arranging more funds to make use of a 'perfect' bottom.

Not just with bitcoin or cryptocurrencies in general, I do notice that all long term holders of other investment like stock or gold or realestate also enjoying massive profits in long run. But, unfortunately people here do mistake the term long term with months of holding or 1 or 2 years of holding but we need to remember that bitcoin's cycle is 4 years long hence your long term plans must be based on how many bitcoin cycles that you are going to cover.

The main reason would be on why btc price can increase is because of the adoption but I think most of the times the value of btc is only at a normal rate and not really that bullish. 2017 was the first major year where btc experienced a big break but before than that, the price of it was still cheap and many of us wish we didn't waste time or doubt btc after hearing it but being a long term hodler is not also easy and those got involved early didn't also expect that btc will grow big like this but now that we already know, we now know what to do.

Long term hodlers respond in the situations like this (bear) buy buying more coins and then leaving them for a while to avoid distractions.