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

[LUCKMCFLY]

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.

I think that the holders simply respond by making the best Hodl of all time, it is a sure thing, nobody is going to sell BTC with such a low price, for me it would be a waste of time if they could do something like selling right now, apart from being a waste of time it would be lose money and give our BTC to the big whales, then the holders must be doing other activities, following the movement of Bitcoin because it is something normal, always in every investment you must follow up, not panic and trust, we are only in 2022 , we could see the scenario that can occur in 2024 where everything can improve, this is something that can be very good.

[LUCKMCFLY]

I see that the trend of Bitcoin in my view remains the same in the long term, and in the long term I see that the trend is totally bullish, and I analyze that based on the Wyckoff theory that in my way of analyzing This trend has not been lost, of course what I see for now is a stage of reaccumulation, but the trend continues intact, and I see the reaccumulation due to the simple fact that the threats from the world of war and possible encounters of world powers means that it causes panic in many investors and that is why it is falling in price, but still for me the S2F model is very valid, and that at some point bitcoin will take the path that we all want to see.

[teosanru]

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 think there is no reason at all why you shouldn't be optimistic here, every time this type of phase comes in crypto it's generally always followed by a price rally towards north with greater power and greater highs, and at that time most people regret not buying it earlier when the price was low. Talking about fundamentals, at this point in time even the on chain fundamentals would look weak to you, but only thing that has still put me in-game is that there is a lot of potential to grow for bitcoin as there is still a lot of retail folks which are yet to adopt bitcoin in their investment portfolio or as a medium of exchange.

[Slow death]

we are very close to the end of the year, to be more precise we are less than 15 days to the end of the year and the price cannot stay above 17500$, even to stay above 17000$ it is being a very difficult task, this shows that financial crisis due to the war will make the bitcoin price not have big price increases for a long time, so I don't expect the price to be above 18000$ this year, we will probably be in the 16000 - 17000$.

the question we will have to ask ourselves will be: when will the war end for the price to rise again? and if the war goes on for a long time and the financial crisis gets worse, what will be the minimum that the price of bitcoin will fall? Could we still see the price drop to the critical point of $10,000? I am not particularly buying, I prefer to just observe the market, with so much negative news buying now has become too risky, even if it were to do hodl for years, it would be wiser to wait to buy lower

[Hamphser]

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 think there is no reason at all why you shouldn't be optimistic here, every time this type of phase comes in crypto it's generally always followed by a price rally towards north with greater power and greater highs, and at that time most people regret not buying it earlier when the price was low. Talking about fundamentals, at this point in time even the on chain fundamentals would look weak to you, but only thing that has still put me in-game is that there is a lot of potential to grow for bitcoin as there is still a lot of retail folks which are yet to adopt bitcoin in their investment portfolio or as a medium of exchange.

People should really be at least having those kind of anticipation yet considering that this market cant really be bearish forever on which there would really comes a time where it would really be having a good run.

About on those long term holders then it wont really be that much of an issue into holding their position yet they do know on what are the ups and downs of this market which simply means that they are already
getting used to it and instead of freaking out on the time that the market would dip on then they do rather accumulate as much as they could considering that they've been pretty aware
on how things do behave.For those who are just newbie holders or who had just recently been accumulating then reactions and impressions of something they do mind off of selling on panic
is really just that pretty common.

[Bitstar_coin]

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

Only when you don't know what BTC is capable of doing should you be negative and lose hope because of this current market situation. It is a difficult period for holders but the best way to handle this period is by staying as positive as one can be.

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?

In every bear market, people always react like this, those who are not very understanding of the market will sell off at every little FUD that occurs, while those who believe in long-term goals will remain calm and keep holding for the next bull period. Every circle has its special story attached to it.

[indah rezqi]

About on those long term holders then it wont really be that much of an issue into holding their position yet they do know on what are the ups and downs of this market which simply means that they are already getting used to it and instead of freaking out on the time that the market would dip on then they do rather accumulate as much as they could considering that they've been pretty aware on how things do behave.

Not all will do about what you say. Quite a few people freak out when they lose hundreds of thousands of dollars, and long term holders are no exception. After all, not all holders are from upper and middle economic circles where they will be able to control their emotions about market fluctuations due to the strength of their money. But some holders from lower economic circles, will definitely panic when the market crashes.

About accumulation, it can be done by all holders especially if they have enough money to invest it. Therefore, I think quite a lot of people just hold without accumulating because they don't have the money to do so. Normal, that is of course conceivable.

[bitgolden]

what I see for now is a stage of reaccumulation, but the trend continues intact, and I see the reaccumulation due to the simple fact that the threats from the world of war and possible encounters of world powers means that it causes panic in many investors and that is why it is falling in price, but still for me the S2F model is very valid, and that at some point bitcoin will take the path that we all want to see.

Re-accumulation might be the action of long term traders but I do not see all long term holders so. Yeah, most of long term holders never prefer to disturb their hoarding. People who are into short term trading may not prefer the current market sentiment to accumulate as the waiting period must be undefined. So, people who are reaccumulating are just active traders who plan long term. Other than that, for all the other bitcoiners who prefer better average must be making use of current scenario.

Unlike OP mentioned, people who are into long term holding never mind what is happening in the trend of bitcoin as they are already in profits hence they not bother about the current holding but must be planning up to add more into their holding at cheaper prices.

[JoyMarsha]

There are still a few days left in the year, so I don't imagine any magic to happen in December regarding the price of bitcoin. Let's just assume that the price of bitcoin was $17k lower at the year's end.

Even though I haven't sold yet, I plan to invest more and hodl onto my bitcoin holdings until 2024, therefore next year will be an even another excellent year for all cryptocurrency investors holders, not as bad as this year's bitcoin price. Bitcoin might, just possibly, surpass her previous ATH by 2024

[EdenHazard]

It's time to trigger the dollar cost averaging! And nayib bukele the president of el salvador who well known as a bitcoin holder has announced that he is going to but 1 bitcoin every day starts from the 18 nov! Despite his holding currently down over 60% with these dollar cost averaging ..

He would make a great coneback later on once the price bounce back! Can't really imagine about that.

[pixie85]

There are still a few days left in the year, so I don't imagine any magic to happen in December regarding the price of bitcoin. Let's just assume that the price of bitcoin was $17k lower at the year's end.

Even though I haven't sold yet, I plan to invest more and hodl onto my bitcoin holdings until 2024, therefore next year will be an even another excellent year for all cryptocurrency investors holders, not as bad as this year's bitcoin price. Bitcoin might, just possibly, surpass her previous ATH by 2024

I don't think that we should concentrate so much on the end of the year or any other specific date. If you're in it for the long run, you're in it for the 31st of December and 1st of January. It doesn't really matter, unless you have a deadline fora purchase or something and have to liquidate your investment by a certain date.

I look at specific years, not months. For me an important date is Spring of 2024 - the halving. If bitcoin fails to grow between now and then I'll rethink my investment, but I'm going to accumulate for at least another year, no matter the price.

My prediction for December? Probably a channel between 15000 and 17000 - doesn't really matter where we are with prices below 20k as I'm never going to sell this cheap.

[tvplus006]

Small bitcoin holders are in no hurry to part with it, hoping that the market will turn around as before and they will have a good opportunity to sell and get a big profit. But the market doesn't work that way. We will not see further growth of bitcoin until such small holders sell it. Accordingly, we should expect at least another strong decline in prices.

[fullhdpixel]

Small bitcoin holders are in no hurry to part with it, hoping that the market will turn around as before and they will have a good opportunity to sell and get a big profit. But the market doesn't work that way. We will not see further growth of bitcoin until such small holders sell it. Accordingly, we should expect at least another strong decline in prices.

To be part of what? If it's about selling off then I think small BTC hodlers are always itchy doing that. They can sell at a much earlier time than those who are big bitcoin holders. The market can always turn around or the bears will end and will be replace by a bull run because this is how it works, this is why many people are buying coins right now and then hodling it strong. They will only sell it when the bull run arrives to earn a massive profit.

As a said earlier, small hodlers can sell early but it can't affect the price heavily since I believe that majority here are now a big hodler and they won't sell until the perfect time came. Strong declines have already occurred many times so I think we will hardly see one anymore.

[ShowOff]

Strong declines have already occurred many times so I think we will hardly see one anymore.

When I think about possible downsides, it is always possible to witness a major dip if the market is in really bad trouble.
No one can say for sure what the future of bitcoin will be, its price will always fluctuate and its future is something that is constantly getting speculation.

By now we are all aware that bitcoin has lost 75% of its value since ATH, but when one is experienced in the market then it is unlikely their level of concern will be that great. In fact I would think they would try to buy more and hold on instead of worrying about it.

[Hamphser]

About on those long term holders then it wont really be that much of an issue into holding their position yet they do know on what are the ups and downs of this market which simply means that they are already getting used to it and instead of freaking out on the time that the market would dip on then they do rather accumulate as much as they could considering that they've been pretty aware on how things do behave.

Not all will do about what you say. Quite a few people freak out when they lose hundreds of thousands of dollars, and long term holders are no exception. After all, not all holders are from upper and middle economic circles where they will be able to control their emotions about market fluctuations due to the strength of their money. But some holders from lower economic circles, will definitely panic when the market crashes.

About accumulation, it can be done by all holders especially if they have enough money to invest it. Therefore, I think quite a lot of people just hold without accumulating because they don't have the money to do so. Normal, that is of course conceivable.

Which it is indeed that situational or something that cant really be avoided.Investment behavior and pattern does really vary on individuals financial capacity on which it would really be just that normal that there

would be things which would be missed out and there would be things which people could really take advantage on compared into others.Its true that accumulation is what we do all hope and trying to do.
For those who do have money then they are the ones who are in advantage than into those who do only earn sufficient for their daily living which is something that hinders them on doing things.
As a human being or a person who does have emotions then it is really that impossible that you wont really be bulge on the time that the market would really be making out some bad movement or huge
decline.You cant really just resist not to sell and having those thoughts that this might be the start of even worst case.

[AmoreJaz]

Strong declines have already occurred many times so I think we will hardly see one anymore.

When I think about possible downsides, it is always possible to witness a major dip if the market is in really bad trouble.
No one can say for sure what the future of bitcoin will be, its price will always fluctuate and its future is something that is constantly getting speculation.

By now we are all aware that bitcoin has lost 75% of its value since ATH, but when one is experienced in the market then it is unlikely their level of concern will be that great. In fact I would think they would try to buy more and hold on instead of worrying about it.

most long time holders know what they are into. unless, some of them have immediate need so the possibility of selling at a loss is always there. but if they don't need it badly, for sure they will be holding long and just wait for the market to recover. it may lost its value to a great deal but if you are a long-time holder, you're not worried about it. you know that down the road, it will bounce back again.

[SquirrelJulietGarden]

Long term holders began to buy bitcoin again but they just started after many months of selling.
Short terms holders are buying more seriously than long term holders but they are not market leaders, market leaders.
They will panic sell again if the $15,000 bottom is broken in future.

The hodl waves show activities of bitcoin holders.
https://www.lookintobitcoin.com/charts/hodl-waves/

[South Park]

most long time holders know what they are into. unless, some of them have immediate need so the possibility of selling at a loss is always there. but if they don't need it badly, for sure they will be holding long and just wait for the market to recover. it may lost its value to a great deal but if you are a long-time holder, you're not worried about it. you know that down the road, it will bounce back again.

Long term holders have very specific goals in mind when they invest in bitcoin, so even such a low price is not enough to scare them into selling their coins, and if they have some cash available it is possible that instead they will take advantage of the low price, as we never know how long bitcoin can remain so close to its bottom, however many people want to become long term holders only to fail at the end as they simply do not have the ability to endure holding their coins when the price is not only very low but it will also take a long of time before it recovers.

[libert19]

Once you have observed prior timelines on BTC, there is nothing to be afraid of. I'm pretty sure real long term holders don't even check prices of BTC, that's how much faith they have in it.

[LDL]

Once you have observed prior timelines on BTC, there is nothing to be afraid of. I'm pretty sure real long term holders don't even check prices of BTC, that's how much faith they have in it.

Bitcoin's current market conditions may scare many, but those invested for a long-term hold probably won't.  There are many who look at Bitcoin's past record to invest and decide to hold until Bitcoin goes higher.  Especially those who saw the 2018 bear market crash and invested during that time have benefited greatly as 2021 came and sold off the skyrocketing price of Bitcoin.  Again, those who invest in this dumping condition and hold patiently will have the potential to get huge profits in the future.