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

[Questat]

Honestly, we have nothing to do about it nor have a way to stop it. It declines that no one would be blamed as the market is designed to have up and down. As a long-term holder, I didn't bother to see the market all the time as it was necessary. My mind is already programmed to sell my Bitcoin during the bull season so I have to wait for it until then.

Actually, panic will only come when we are too emotional and uncertain of what we do. Trust is really important in investing in crypto not only in Bitcoin but also in altcoins.

[dunfida]

Honestly, we have nothing to do about it nor have a way to stop it. It declines that no one would be blamed as the market is designed to have up and down. As a long-term holder, I didn't bother to see the market all the time as it was necessary. My mind is already programmed to sell my Bitcoin during the bull season so I have to wait for it until then.

Actually, panic will only come when we are too emotional and uncertain of what we do. Trust is really important in investing in crypto not only in Bitcoin but also in altcoins.

When you do step your foot into this market and you've been staying for a couple of years then it would really be that impossible for you not to notice out on what are the most common behavior that you could see around on which movements could neither be up and down.If you have decided on making yourself as a long term holder then this would really be a test of patience and discipline towards your holding because
not all does have that good self control on making out some impulsive actions specially when they do saw the market is declining. Pretty sure that those long term holders are pretty aware
of these scenarios and conditions which they would rather just simply sit and relax and would rather accumulate more if they do have the funds on doing so.

[South Park]

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.

It is important to differentiate between the long term holders that have one or several bear markets under their belts and those which do not, this is because the long term holders that have experimented bear markets on the past know very well how bad things can get, and since they have held their coins even during those circumstances then it is obvious they will be able to keep holding their coins now, but for those which do not have this experience and only know about this from watching the charts there is a real risk they will sell their coins as they they could be unable to endure the pressure during these difficult times.

[Mr.right85]

It is important to differentiate between the long term holders that have one or several bear markets under their belts and those which do not, this is because the long term holders that have experimented bear markets on the past know very well how bad things can get, and since they have held their coins even during those circumstances then it is obvious they will be able to keep holding their coins now, but for those which do not have this experience and only know about this from watching the charts there is a real risk they will sell their coins as they they could be unable to endure the pressure during these difficult times.

Yeah. That's where experience gets to speak as to reasons why some persons would regard it for a best teacher. They've probably not seen it all but, they aren't strangers to the possible outcomes of the market and what result it is to expect when the bear market goes away.

At that point, enduring or having patience for the bear market to go away is a no question. Its a lotore different when yoie just seeing the bear market for a first time. Especially as someone who invested when the market was bullish, even slightly. It leads to so much panic having to watch the gradual liquidation of your crypto portfolio.

Once your able to manage it, that some layer to your skin and all you might need is some resources to see you through tough bearish market conditions as, your pretty aware of what to expect.

[bounceback]

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?

2022 has ended and we are now entering a new year but if we look at it after the turn of the year there have been no positive signs that could make the bitcoin movement increase so that bitcoin is still being traded below $20k and it looks like this year we will still be in a bear market, although there is a possibility that the price of bitcoin will decrease until the end of the year but for long term investors they will not worry too much because they have a strong hand to hold bitcoin until it reaches the target they set and maybe they will only sell it when they get the return as expected.

[rozak]

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?

2022 has ended and we are now entering a new year but if we look at it after the turn of the year there have been no positive signs that could make the bitcoin movement increase so that bitcoin is still being traded below $20k and it looks like this year we will still be in a bear market, although there is a possibility that the price of bitcoin will decrease until the end of the year but for long term investors they will not worry too much because they have a strong hand to hold bitcoin until it reaches the target they set and maybe they will only sell it when they get the return as expected.

yes, long-term investors will not care about this. everyone already knows we're in a pretty long bear market. maybe last year was not a good opportunity for investors and most of the course keep holding their assets without hesitation to get out of the investment.
those who are experienced course know how the current market opportunities are created. this may not be easy for beginners. but for those with experience, of course, this is an opportunity.

[Viscore]

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.

It is important to differentiate between the long term holders that have one or several bear markets under their belts and those which do not, this is because the long term holders that have experimented bear markets on the past know very well how bad things can get, and since they have held their coins even during those circumstances then it is obvious they will be able to keep holding their coins now, but for those which do not have this experience and only know about this from watching the charts there is a real risk they will sell their coins as they they could be unable to endure the pressure during these difficult times.

That’s why experience greatly matters in any of our endeavors, especially in a volatile investment like bitcoin. Surely, they will be panicking at the moment watching the price keeps on dropping but if they have established their faith with bitcoin, they will stay patient and continue hodling until they’ll reap what they sow and experience first time profits when the market turns bullish hopefully this year. However, for long term hodlers, they know what they’re doing, so they’ll be safe with that.

[savetheFORUM]

It is important to differentiate between the long term holders that have one or several bear markets under their belts and those which do not, this is because the long term holders that have experimented bear markets on the past know very well how bad things can get, and since they have held their coins even during those circumstances then it is obvious they will be able to keep holding their coins now, but for those which do not have this experience and only know about this from watching the charts there is a real risk they will sell their coins as they they could be unable to endure the pressure during these difficult times.

That’s why experience greatly matters in any of our endeavors, especially in a volatile investment like bitcoin. Surely, they will be panicking at the moment watching the price keeps on dropping but if they have established their faith with bitcoin, they will stay patient and continue hodling until they’ll reap what they sow and experience first time profits when the market turns bullish hopefully this year. However, for long term hodlers, they know what they’re doing, so they’ll be safe with that.

If we are a noob, the only thing that we can do for now is to equip ourselves with knowledge. Read articles about BTC and ask things that you don't understand in bitcoin forums. Once you know some stuffs, it must be the time to get yourself involved on the actual thing.

The good thing about it is that it helps us to stay strong even though there are some worries unlike to those newbies who just jump in immediately. Their worries can only lead to quitting because they don't have an idea that BTC can still be able to recover. Long term hodlers do also take advantage of any bull runs that they can come across with. To earn a profit is also their main objective on why they are here.

[darewaller]

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.

Yeah, I don't even think long term investors check the price so frequently because when you are investing in for the long term you are more focused about the development and further acceptance/news about Bitcoins rather than the price which is heavily manipulated and never a good indicator of the value.

I think everyone of us have some BTC saved and some we use for stuff like trading and spending in daily life. The BTC we have saved is what we are never afraid about or at least I am not concerned about it but the BTC I have in trust wallet for stuff like trading, gambling, spending, etc I always get nervous when the price is fluctuating.

[Fondarchand]

Btc is a strong coin even if the worth is reducing so its holders are not losing their hopes because they believe that one btc will be much higher as its previous worth and i think that those who sell it in low and reduced price are the foolish idea for those because btc can never be a coin which can be a cause of one's failure. Hence the price is low but after some months undoubtedly it will be up again and holders will be getting benefit out of it.

[carlfebz2]

Btc is a strong coin even if the worth is reducing so its holders are not losing their hopes because they believe that one btc will be much higher as its previous worth and i think that those who sell it in low and reduced price are the foolish idea for those because btc can never be a coin which can be a cause of one's failure. Hence the price is low but after some months undoubtedly it will be up again and holders will be getting benefit out of it.

Its already a long way for them to sell off their bags, if they had made out some decision on selling it then they should have done it with those peak prices but since these people tend to be holding no matter what
then it wouldnt really be removed into their minds about those much higher peak price points or ATH's to make on upcoming years of this market.

How they do respond? For sure these drops do really make out that kind of hesitation and being worried about their holdings which its unavoidable since we are just really humans
but having that kind of fixed mindset then it would really be that an issue about these market price movements which it is really just normal to be seen.
Its a matter of risk taking in the end of the line.

[Natalim]

Btc is a strong coin even if the worth is reducing so its holders are not losing their hopes because they believe that one btc will be much higher as its previous worth and i think that those who sell it in low and reduced price are the foolish idea for those because btc can never be a coin which can be a cause of one's failure. Hence the price is low but after some months undoubtedly it will be up again and holders will be getting benefit out of it.

Its already a long way for them to sell off their bags, if they had made out some decision on selling it then they should have done it with those peak prices but since these people tend to be holding no matter what
then it wouldnt really be removed into their minds about those much higher peak price points or ATH's to make on upcoming years of this market.

And those weak people will simply sell their coins at dip and lose their money. This is really what happens in the real world, panic causes a lot when we can't control our feelings/emotions because what is in our mind is full of uncertainties and negative views towards the market. And those who can manage to wait for the next bull season will be given big rewards and they are truly investors.
The time will come when all panic seller will realize their wrongdoings and feel regrets about it. Many people had come into this situation after they fail the test.

[Jody.Drummer]

Btc is a strong coin even if the worth is reducing so its holders are not losing their hopes because they believe that one btc will be much higher as its previous worth and i think that those who sell it in low and reduced price are the foolish idea for those because btc can never be a coin which can be a cause of one's failure. Hence the price is low but after some months undoubtedly it will be up again and holders will be getting benefit out of it.

It depends on how strong the holder's mentality is, especially in this case, beginners. There is no such thing as a loss when we still hold bitcoin even though the price is decreasing. I agree with you that it is foolish for people who hold bitcoins to sell them for less than they bought them for purely out of panic.
I'm sure some of us have seen our portfolios decline since this bear market happened, but for experienced people they will stay calm and even take advantage of the bear market to buy bitcoin in large quantities again. While what we hold is bitcoin, then never be afraid.

[South Park]

It is important to differentiate between the long term holders that have one or several bear markets under their belts and those which do not, this is because the long term holders that have experimented bear markets on the past know very well how bad things can get, and since they have held their coins even during those circumstances then it is obvious they will be able to keep holding their coins now, but for those which do not have this experience and only know about this from watching the charts there is a real risk they will sell their coins as they they could be unable to endure the pressure during these difficult times.

That’s why experience greatly matters in any of our endeavors, especially in a volatile investment like bitcoin. Surely, they will be panicking at the moment watching the price keeps on dropping but if they have established their faith with bitcoin, they will stay patient and continue hodling until they’ll reap what they sow and experience first time profits when the market turns bullish hopefully this year. However, for long term hodlers, they know what they’re doing, so they’ll be safe with that.

Without a doubt previous experience matters and a lot, after all it is easy for someone to believe they can do an activity only to be unable to do it once they are put to test, in fact this has always been one of the big challenges of social sciences, for a lot of time surveys were used to ask people about what would they do when facing hypothetical scenarios, but those surveys were useless as it was impossible for people to know how they will react until they are actually in that situation.

[stomachgrowls]

It is important to differentiate between the long term holders that have one or several bear markets under their belts and those which do not, this is because the long term holders that have experimented bear markets on the past know very well how bad things can get, and since they have held their coins even during those circumstances then it is obvious they will be able to keep holding their coins now, but for those which do not have this experience and only know about this from watching the charts there is a real risk they will sell their coins as they they could be unable to endure the pressure during these difficult times.

That’s why experience greatly matters in any of our endeavors, especially in a volatile investment like bitcoin. Surely, they will be panicking at the moment watching the price keeps on dropping but if they have established their faith with bitcoin, they will stay patient and continue hodling until they’ll reap what they sow and experience first time profits when the market turns bullish hopefully this year. However, for long term hodlers, they know what they’re doing, so they’ll be safe with that.

Without a doubt previous experience matters and a lot, after all it is easy for someone to believe they can do an activity only to be unable to do it once they are put to test, in fact this has always been one of the big challenges of social sciences, for a lot of time surveys were used to ask people about what would they do when facing hypothetical scenarios, but those surveys were useless as it was impossible for people to know how they will react until they are actually in that situation.

The thing you said was right on which out of those surveys then you cant really tell that the result of those would be precisely the things that happen if it those scenarios or conditions did really been able to experience.

When it comes to actions then it would really be varying since not all people would be having the same mindset and emotion into a particular situation or condition.Some might be that experience or in the same level
but ending up on the different path that they do take.

How Bitcoin long term holders responding on every bear market or market drop? Some might be selling on panic or securing their profits but most of them would definitely accumulate for cheaper
coins.