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

[lalabotax]

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

For long-term holders? There is problem for long-term holders because they are holding BItcoin, not for months, but years. At least, a long-term holder will keep their Bitcoin until the next bullish era. So, they won't be disturbed with this kind of fall. They will precisely add more Bitcoin to invest and hold because ethe price is low right now. This is a good time for them to add more to their portoflio. So, no need to worry. WHat makes worries is sometimes the traders that cannot take profits becuase of this crash market.

[Mr.right85]

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?

Investors or holders have got nothing to do than to be hopeful. Its the easiest to do I've you e hot patience and other streams. Also, ots more promising and reassuring too. Given the fact that, most of the trends we observe in the market today are just a replay of previous history. Parts to which price have followed to have reached either a high or a low.

With bitcoin still serving as an asset, one tends to get the most benefit from holding and no matter the price drop, you never loose by holding and with that, there isn't a course for alarm by long term investors.

[harizen]

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.

Obviously, the time they have decided to hold for long, they will disregard any trends that will happen along the way. What's the sense of hodling for long if they will have that desire feeling to dump their coins just to minimize their losses or because they become emotional and stress.

That's the part of hodling bitcoin, you need to try withstanding all the problems you will face and encounter.

Although it's not really easy to do, that's the challenge there.

[ilovealtcoins]

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

It is hard to expect bitcoin to increase in price in the remaining days of the year because only looking at the current world economic situation is still volatile. In December we have another rate hike by the Fed and it is more likely that the market will continue to fall rather than increase so don't expect much. Be prepared for a tougher 2023 when rate hikes are working, the economy is slowing.

[AakZaki]

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.

so be prepared from now on, not just mentally, but money reserves are really needed. buying and entering the market now is a good option before the bull market strikes. But, you have to keep believing in your main goal and will sell when a new ATH is reached. Hold longer and get a lot of profit, but with the condition that you buy more gradually. There will be no loss if you continue to survive and don't sell at a low price.

[Wind_FURY]

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.

so be prepared from now on, not just mentally, but money reserves are really needed.

It's truly the best advice to give currently during the bear cycle. Save everything you can, and look for other sources of income. It's the only true path to readiness for the bull cycle.

buying and entering the market now is a good option before the bull market strikes.

You can also wait, and enter the market during the ACTUAL bull cycle, especially if you go mentally insane if Bitcoin crashes -50% more from current price.

But, you have to keep believing in your main goal and will sell when a new ATH is reached. Hold longer and get a lot of profit, but with the condition that you buy more gradually. There will be no loss if you continue to survive and don't sell at a low price.

Everyone has his/her own target. My target is just going higher and higher, making me not sell.

[Alisha-k]

How long will a good long term investment be. I am asking because price keeps falling Some who bought when the price hit its ATH will have to wait even longer for price to have a good bounce back. The most beneficial will obviously be those who are just joining the investment else Long term for ATH and slightly below might have to wait even longer because there is no guarantee the next halving will trigger a bullish run because the economy is still suffering strong recession

[wxa7115]

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.

so be prepared from now on, not just mentally, but money reserves are really needed. buying and entering the market now is a good option before the bull market strikes. But, you have to keep believing in your main goal and will sell when a new ATH is reached. Hold longer and get a lot of profit, but with the condition that you buy more gradually. There will be no loss if you continue to survive and don't sell at a low price.

Our cash reserves are probably going to be critical during the next year, not only because we can use them to invest in this market and do some DCA during the months in which the price of bitcoin will remain at such low price, but also to face the upcoming crisis.

Lately it seems that things have improved and the inflation rate has decreased, but if by some reason it increases again then we will need to have some money in hand to deal with it or we could use it as a form of insurance in the case we lost our job.

[Solosanz]

My reaction is still same when Bitcoin price still $20K because I already expect Bitcoin would go lower since this year and the next year might be the worst before Bitcoin make new ATH on the next few years later. It's nothing surprised if Bitcoin price decrease, actually everyone must know it since Bitcoin has a high volatility and anything can happen in single day!

Just take a preparation to hold fiat and keep buy every dip of Bitcoin, this can help you accumulate more Bitcoin and minimize your risk.

[TheUltraElite]

Long term holders are always in for the long term and these movements only mean they are going to buy more and more to stockpile bitcoin for a selling move at the next all time high. It is no surprise to see them optimistic at these points because they know and realise that altcoins would never be as big as Bitcoin and that Bitcoin and will cover back when it gets over th bad times.

Times are always temporary and cycles are continuous. One just needs to keep their focus and continue hustling on the way.

[Franctoshi]

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?

I'v been here for a while now, Basically have experienced two or three bear markets, So there's no reason to panic over the current market situation, because when you know your destination point it will be a bit hard to easily get distracted by the things you see along the road. Therefore, I'm still holding and waiting patiently till when it's clearly seen that Bitcoin has failed, then that's when I will finally have to loose hope on Bitcoin and definitely would not kill myself because business involves profit and lose.

[pooya87]

Long term Hodlers aren't just holding bitcoin, they are the ones that believe in the technology so they actually continue buying more of it whenever there is a dip and buy a lot more whenever there is a big crash. We are in a crash these days which has led a lot of old timers start buying a lot of bitcoin to take advantage of the discount.

As for the price, I don't think that much is going to change until the global economy stabilizes. We keep seeing "shocks" to the economy and they are going to get worse the colder it gets and the more severe the energy crisis becomes in Europe.

[Kelvinid]

Long-term holders will remain focused on what they do, they keep holding no matter what.
Because what really is that these short-term holders make the market more volatile. While these long-term holders make themselves too easy. Perhaps, they'll never check the market often and that is why they are not too affected by the dump and any market movement. Because they believe that this price drop is not long-term, it is soon to recover. Meaning, profit is still possible in the future, unlike others who have been bothered too much by the changes.

[Mauser]

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

Right now is the worst possible time to sell any of your coins. The prices are so low that at any point over the last year it would have been better to sell than now. I think that most longterm abf HODL investors are aware of that and are not considering selling any of their crypto coins. Short term volatility should have never any influence on our decision making, it's better to hold for another few tears than to sell now. For a trader things might look differently, he more concerned with shortterm profit.
Even though there are still plenty of HODL investors I don't think the bitcoin price is going to rise at the end of the year. The demand for cryptos is not strong at the moment, people are trying up get by with the higher living expenses and with Christmas around the corner there is not much free capital to invest left. The good thing of longterm investors not selling their coins is that the price is not falling further. We have to wait for 2023 for prices to recover.

[michellee]

It's great if long-term bitcoin holders stay positive, stay calm, and don't panic at this drastic drop and can instead see an opportunity to increase their bitcoin pool. This is necessary to anticipate the panic happening to many people out there because their goal is to get big profits in the future. And with the halving that will happen later, those bitcoin holders hope that the opportunity to get big profits will come to them. This is why many long-term bitcoin holders don't panic and still manage to be patient. But I don't know what could be the price increase later in the year and I don't think it will happen. But if that happens, we can all be grateful because the bitcoin price can increase again.

[Issa56]

My reaction is still same when Bitcoin price still $20K because I already expect Bitcoin would go lower since this year and the next year might be the worst before Bitcoin make new ATH on the next few years later. It's nothing surprised if Bitcoin price decrease, actually everyone must know it since Bitcoin has a high volatility and anything can happen in single day!

I am a bitcoin holder and I don't care about bitcon price movement, we are currently in a bear market and I believe this is the right time for everyone who hasn't bought bitcoin or hasn't bought enough bitcoin to do so, bitcoin is very cheap now any extra money I have I use it to buy bitcoin and am ready to hold for long term, even if bitcoin keep on dumping, I will keep on buying because I know bitcoin will definitely bounce back, but it may take time, nobobody knows when it will bounce back so we just all need to have patience.

[tbct_mt2]

My reaction is still same when Bitcoin price still $20K because I already expect Bitcoin would go lower since this year and the next year might be the worst before Bitcoin make new ATH on the next few years later. It's nothing surprised if Bitcoin price decrease, actually everyone must know it since Bitcoin has a high volatility and anything can happen in single day!

In future, when Bitcoin crosses $100k, nobody will mind about $4,000 in difference between $20,000 or $16,000 entry prices. Is what I say true? At that time, people just hope they can travel back in time, to buy Bitcoin even at $50,000.

I am a bitcoin holder and I don't care about bitcon price movement, we are currently in a bear market and I believe this is the right time for everyone who hasn't bought bitcoin or hasn't bought enough bitcoin to do so, bitcoin is very cheap now any extra money I have I use it to buy bitcoin and am ready to hold for long term, even if bitcoin keep on dumping, I will keep on buying because I know bitcoin will definitely bounce back, but it may take time, nobobody knows when it will bounce back so we just all need to have patience.

Bear market is good to DCA Bitcoin especially in a bear market which lasts about a year like now. This bear market is not over and price can be lower than now but we are in or very close to the bottom area.

Time to DCA with Bitcoin and hodl strong. After you buy it, you should ignore short term movements if you don't have strong mentality because if you overlook at the market, you will panic sell.

[Issa56]

In future, when Bitcoin crosses $100k, nobody will mind about $4,000 in difference between $20,000 or $16,000 entry prices. Is what I say true? At that time, people just hope they can travel back in time, to buy Bitcoin even at $50,000.

No matter how low the price of bitcoin drops, some people won't buy. We all know that the price of bitcoin is currently down, but some people will continue to wait for the price to fall more. Even if the price of bitcoin drops to $1000, some people won't buy. when the price of bitcoin starts to increase, they will start regretting why they didn't buy bitcon when the price was low and blaming themselves for not doing so when the price was at $16,000. I won't force anyone to invest in bitcoin right away if they believe that the price will drop even further then they should keep on waiting.

[Pam beasely]

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

Global geopolitics and the prevailing macroeconomics will push Bitcoin prices to higher volatility in future. But for now as per on-chain data and Glassnode, long-term Bitcoin holders perceive the current bear market as similar to 2018 bear market, which saw a peak unrealised loss of -36% on average. I fell its time HOLD your bitcoins and best time for new investors.

Some Positive news -
According to Glassnode, the total supply held by holders has reached a new ATH of 13.62 million BTC. So the price will re bounce anytime soon.

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

The current situation of the bear market is not certain, as crypto winter is here.  The crypto market will take time to recover from this bearish clouds. Keeping this in mind the maximum we price we can expect is $18,954.37 and least down fall could be $15,405.825(bitcoin price prediction by Coinpedia experts).

Today November 29 price is at $16,434.07.

[wxa7115]

In future, when Bitcoin crosses $100k, nobody will mind about $4,000 in difference between $20,000 or $16,000 entry prices. Is what I say true? At that time, people just hope they can travel back in time, to buy Bitcoin even at $50,000.

No matter how low the price of bitcoin drops, some people won't buy. We all know that the price of bitcoin is currently down, but some people will continue to wait for the price to fall more. Even if the price of bitcoin drops to $1000, some people won't buy. when the price of bitcoin starts to increase, they will start regretting why they didn't buy bitcon when the price was low and blaming themselves for not doing so when the price was at $16,000. I won't force anyone to invest in bitcoin right away if they believe that the price will drop even further then they should keep on waiting.

Those are the people that when there is an ATH they wish for the price of bitcoin to go down in order to buy it, and when their wish is fulfilled they try to look for all kind of excuses to not buy it.

Basically those people are afraid of taking a decision and then making a mistake, and the markets are not really the place for people like that since we could say the whole point of trading is to take resolute decisions about when to enter and exit the market.