DaNNy001 (OP)
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January 12, 2023, 12:22:34 PM |
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2022 was certainly a bloody year for bitcoin investors and many drama played out in the crypto space but all that said we have manage to cross the year successfully to 2023. 2023 is going to be another year of major speculation on the rate on when we are going to experience another bull run and eventually reaching another ATH. As 2022 was seen as a disastrous year for some bitcoin holders, it was also seen as an golden opportunity for new comers like me who missed out in buying when bitcoin was very low before it experienced a major rise in the year 2020. We have bought bitcoin now thats it price is very low and we are expecting to hodl it till when another bull run season comes hopefully we can see it reach another all-time-high. So am curious to know if everyone is still holding or have chicken out and sold theirs. Note :: get your coins off any exhange platforms if you are still on the hodl game
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raybucks
Jr. Member
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Activity: 102
Merit: 1
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January 12, 2023, 12:56:34 PM |
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The 2023 is began and I still holding my coins Yes, this is very perfect time to invest in crypto for new comers, but I think this is not very bottom of bitcoin it will fall further so new comers should DCA(dollar cost average ) means buying very week or twice a month , so you make an average price ,
And 2022 was very bad year who came in crypto market in bull market or ATH, I also bought on 50k or around 50k and Still holding it, and thinking to DCA And buy more bitcoin
Do not invest more than you afford to lose especially in crypto
And now Many people came in crypto and some are scammer minded so stay away from shitcoins
and yes we bitcoiners always hold bitcoin
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Maus0728
Legendary
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January 12, 2023, 01:08:19 PM |
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Maybe in between? I liquidated 25% of my holdings because I had to get the money for my final year of college. This covers my tuition, a laptop, and a desktop computer needed to complete the majority of the coursework.
The rest remain on hold. And I still hope to reimburse all of these previous expenses by freelancing and some part time employment. Hoping to get back on track within this year.
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Jatiluhung
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January 12, 2023, 01:30:14 PM |
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Of course I still hold Bitcoin. and not interested in selling. because it hasn't even been 1 year since I started accumulating bitcoins. So for me this is still the first step. and is still in the middle accumulation stage. I might only be interested in selling when the current ATH is exceeded. Because the money I use for bitcoin investment is really cold money. so I'm not too interested in a 1-20% increase. But I'm quite happy to see how the current market volume continues to increase rapidly. this indicates the market is on a positive path.
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Zaguru12
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January 12, 2023, 01:46:17 PM |
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The year 2022 might have been the hardest to some who trust Centralized exchange like FTX to store their funds or others who invested in altcoins that couldn’t survive the bearish year. But certainly it was a great year for me, first for the opportunity to join this forum and then to gain more knowledge about bitcoin. The best of it is the fact that we had the opportunity to buy bitcoin below the $20k cushion. Who will have thought we get it this low. I am holding some although it doesn’t seem much to me but I have the holding in two categories. One batch will be sold when the current ATH is surpassed and the other batch will be next halving after that 2024 if at all there isn’t any surprises or emergency beyond the my emergency funds
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Periodik
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January 12, 2023, 01:54:11 PM |
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2022 surely is a bloody year for Bitcoin and probably all portfolios, but it is never a wise idea to sell during a dip. That could be a trading strategy but make sure you know very well your analysis and know exactly what price you will buy back. If you are clueless about it, you better be hodling strong and just wait for the bounce back. There will always be that time. If 2022 is bloody, 2018 was bloodier. I was there and I survived. There's no way I can't now.
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Zanab247
Full Member
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Catalog Websites
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January 12, 2023, 01:55:28 PM |
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Yes, am still holding my Bitcoin for the price to reach my expectation in this 2023 before I can sell to make suitable incomes from the market. What I saw in the crypto market few hours ago show that bull season will soon kick off for those that hold for a long time to think of how to visit the market to release their coins to achieve what they want and wait for another opportunity to come before they can buy and hold again. Since the price has demonstrated some signs in this month of January, that is making majority traders to believed that this new year will be better than last year 2022.
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Helena Yu
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January 12, 2023, 01:55:36 PM |
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I still holding my coins and keep accumulating until the next bull run maybe at 2024-2025, after that I might sell half of my coins and then wait until bear market happen and then keep repeat it. Bitcoin is still become the most unique currency and there's nothing can replace Bitcoin for short time, so I expect the future will be on Bitcoin side regardless governments ban or not.
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m2017
Legendary
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Merit: 1385
Crypto Casino and Sportsbook
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January 12, 2023, 02:17:21 PM |
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I can’t argue with you here and I have to agree that 2022 was a very, very unpleasant year for bitcoin. I would say even a catastrophically unsuccessful year for btc. But despite all the troubles, bitcoin was able to withstand and once again show that something is yes costs. It also gave new opportunities to build up btc in their wallets, which many took advantage of.
I think there is no clear answer and there will be people who still hold btc, and those who sold at different stages. Some are better, some not so much. Even those who sold at a loss can now buy bitcoin to make up losses later or even make some profit.
Now there is certainly no point in selling, because this is the time to buy and accumulate. Perhaps this is the last chance before the start of a bullish trend.
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Beparanf
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January 12, 2023, 02:24:32 PM |
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Most of the bull run didn’t happened a year after the biggest dump on ATH occurred. Typically this year will be a continuation of bear market or a long sideways. A longer accumulation phase is necessary and a great sign for an upcoming bull run and not a quick recovery from the recent big dump. This year is the best time to enter on Bitcoin slowly because typically another low always appeared on this time when everyone is fear of losing due to the recent big dip event.
I’m still holding most of my old investment in Bitcoin but I already flip the rest of my altcoins since last year and add to my Bitcoin balance. Putting all my eggs on Bitcoin is my strategy this year for a better accumulation with less risk of losing money.
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348Judah
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January 12, 2023, 02:29:43 PM |
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2022 was certainly a bloody year for bitcoin investors Should we assume last year to be that bloody woth investors when you are presented with the opportunity to hold and not sell your coins while the bitcoin isn't going down to zero to have cause this great panic of fear for missing out, i will rather believe it's a year to hold down and for new investor to set for coming in. and many drama played out in the crypto space Alot of dramas to say have happened but much of them where not directly with bitcoin holdings but as a result of centralized exchanges collapse and lost of bitcoin worth millions due to holding them on a third party wallet and other scam associated with hacking and loosing the bitcoin when the wallet keys were compromised which should be from our end and not bitcoin. So am curious to know if everyone is still holding or have chicken out and sold theirs. Note ::get your coins off any exhange platforms if you are still on the hodl game
If you aren't holding now i don't know the appropriate time to hodl again when the bitcoin price is already dip, the best advice nowbis to invest, hodl and keep your asset decentralized and private by avoiding any means to third party access with your bitcoin investment and the access to the keys.
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aoluain
Legendary
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January 12, 2023, 02:38:50 PM |
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Maybe in between? I liquidated 25% of my holdings because I had to get the money for my final year of college. This covers my tuition, a laptop, and a desktop computer needed to complete the majority of the coursework.
The rest remain on hold. And I still hope to reimburse all of these previous expenses by freelancing and some part time employment. Hoping to get back on track within this year.
Yea I think a lot of people will at some stage have to liquidate some Bitcoin to cover unforseen expenses. I had to do the same in 2022, a small percentage had to be liquidated but I'm predominantly HODLing. For anyone who is in Bitcoin for a number of years, we realise that 2022 was just a year in a cycle. Buying in just at the time of the ATH means a bear market will be experienced. Not everyone realises that it's the time of HODLing, not selling out of panic or FUD.
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Iranus
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January 12, 2023, 02:44:17 PM |
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I did not sell all of my portfolio in 2021, I was expecting the bear season to come in 2022, and I am very pleased with what I have achieved so far, although I see many people feeling bad that bitcoin has dropped 80% by 2022. I accumulated some bitcoins in 2022, and in 2023 I hope there will be another down year so I can accumulate bitcoins at a lower price. As such, I have no reason to sell my bitcoin at the moment, I will only sell when it crosses the old ATH.
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Sayeds56
Copper Member
Hero Member
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stead.builders
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January 12, 2023, 03:01:28 PM |
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2022 surely is a bloody year for Bitcoin and probably all portfolios, but it is never a wise idea to sell during a dip. That could be a trading strategy but make sure you know very well your analysis and know exactly what price you will buy back. If you are clueless about it, you better be hodling strong and just wait for the bounce back. There will always be that time. If 2022 is bloody, 2018 was bloodier. I was there and I survived. There's no way I can't now.
Year 2022 is history now but it will be remembered as a very difficult year for crypto, as collapse of FTX and Luna triggered massive sell-off across the board & many investors suffered huge losses & some of them lost their life time savings. Additionally, the interest rate continued rising throughout the year due to high rate of inflation, which had also negative impact on all financial markets including crypto. Hopefully, 2023 will be an improvement year over 2022, which is also evident from beginning of market recovery. Bitcoin is now trading above 18k which is a good news for crypto Investors & traders. Market analysts also expect a less harsh monetary policy in 2023 which is another positive factor.
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Frankolala
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January 12, 2023, 03:08:39 PM Merited by fillippone (2) |
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The FTX crash,Luna crash and so on affected bitcoin price to drop drastically and so many altcoin crashed out and so many investors lost in the crypto market. Still this was an opportunity for newbies to invest and for people to accumulate more bitcoin for themselves. This shows that in every bad situation there are benefactors,this also made so many investors to understand the way how to keep their investment safe by themselves in a noncustodial wallet,i.e not your keys not your coin.
I am still hodling and I don't have any plans of selling yet until 2025 when I know that the I am ready to carry out my project,but I will not be selling all as I will keep bitcoin as my valuable asset,which I can give to my son when he is grown up as a man.
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Yatsan
Legendary
Online
Activity: 2520
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Leading Crypto Sports Betting & Casino Platform
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January 12, 2023, 03:31:12 PM |
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That's just the best thing to do for now. Well, if you have the guts nd resources to make your assets bigger and hold for a long period of time, ofcourse that would be better. But on my end, my assets are not as big with others that is why I am taking extra caution of my actions. I am waiting for a clear trend line before I make a move whether to sell or hold. It is quite managing the risks involved. The market price is subject for time to time changes because of volatility. But right now, it seems that the price would play around 15, to 17, unless something big will happen for this year. But at the present, new projects are quite being noisy so it could be an alternative if you're not used to big names in this industry.
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salad daging
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January 12, 2023, 03:31:20 PM |
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Of course, we still HOLD bitcoins and will not sell until the price returns to ATH again, sorry I cannot mention here how many bitcoins we have but during the bearish phase in 2022 we will continue to buy and will continue to accumulate them.
We still have a good opportunity to buy bitcoin now the price is still low with the increase last night not much and don't panic keep buying bitcoin and hold it until the price is really high even though there are many new investors coming it's a great opportunity it's just that they need mentally strong to start from scratch to run all the time.
Speculation in 2023 is too big, but I won't think about it as long as bitcoins are still not collected a lot, so focus on the goal of owning as many bitcoins as possible.
Well, basically buy bitcoins on exchange platforms then withdraw and HOLD them in hot wallets or cold wallets.
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Rruchi man
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Bitcoin Casino Est. 2013
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January 12, 2023, 03:33:15 PM |
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2022 was certainly a bloody year for bitcoin investors and many drama played out in the crypto space but all that said we have manage to cross the year.
So am curious to know if everyone is still holding or have chicken out and sold theirs.
2022 was a harsh year and was unfavorable to almost every sector in the economy and not just with bitcoins. I am happy to still be hodling some bitcoins even though I had some emergencies last year that required me to get some more money by liquidating some of my holdings, and that was my last resort. Luckily for me, it didn't cost me everything I was keeping and I am back on track, DCA-ing to make up for what I took. I did not liquidate some bitcoins because of the bear market, but because I had some very serious emergency that required more.
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cr1776
Legendary
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January 12, 2023, 03:33:31 PM |
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2022 was certainly a bloody year for bitcoin investors and many drama played out in the crypto space but all that said we have manage to cross the year successfully to 2023. 2023 is going to be another year of major speculation on the rate on when we are going to experience another bull run and eventually reaching another ATH. As 2022 was seen as a disastrous year for some bitcoin holders, it was also seen as an golden opportunity for new comers like me who missed out in buying when bitcoin was very low before it experienced a major rise in the year 2020. We have bought bitcoin now thats it price is very low and we are expecting to hodl it till when another bull run season comes hopefully we can see it reach another all-time-high. So am curious to know if everyone is still holding or have chicken out and sold theirs. Note :: get your coins off any exhange platforms if you are still on the hodl gamePeople who panic end up missing the gains. Pretty much anyone who mined or bought during the 2009 and 2020 period (even some of 2021) is doing well. The people who were looking to make a quick buck and then overreacted probably didn't know that bitcoin has been very volatile, but over its existence has outperformed every other asset class and certainly inflation by orders of magnitude. The advice that has paid off over time: buy (or mine) some coins. Put them in cold storage. Wait. Come back and look in a few years. Hold longer. And you are right, anyone keeping coins on exchanges is asking to lose them.
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hitsnorth
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January 12, 2023, 03:38:56 PM |
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Yeah, of course I'm still holding. Thank God I'm able to do that and I didn't need extra money for something. Was buying everytime I could, even bought some today. Now I'm wondering if it's gonna be the last BTC purchase in a while or not.
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