skarais
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January 12, 2023, 03:39:48 PM |
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It's hard to waste an opportunity to hold bitcoin for long term in the hope that they will make more profit instead of selling them at a low price. The more here, I'm sure more and more people are holding their bitcoin because past experience must be a valuable lesson in the future. The biggest loss later is not taking advantage of the opportunities that exist today, so always consider the best for a good hope for the future.
No doubt and i can say, I am bitcoin holder right now, and I have no plans to sell for under $100K.
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virtualdn
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January 12, 2023, 03:42:11 PM |
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Hodling is the only way. Sooner or later BTC will enter the 1xx,xxx zone, it's so obvious that it's just a matter of time. In the meantime we are spending the crappy fiat, which is made for spending not hodling. Selling all your BTCs at $1xx,xxx would be a very dumb thing to do, because the journey will continue. Always keep some BTC, don't sell more than 15% of your assets or you will shoot yourself in the foot. 1 BTC = 1 BTC even in year 2030 and beyond.
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1 BTC = 1 BTC
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coolcoinz
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January 12, 2023, 03:44:31 PM |
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I didn't sell any coins below 40k USD, although I did sell some in 2021. My strategy is going DCA when the price is low and reverse DCA when it's high. I was buying coins in 2018 and held through 2019 and 2020, adding only money that I got from signature campaigns. When we broke 20k in late 2020 I switched into reverse DCA, buying stuff with my bitcoin every month, using about 1% of my holdings every time bitcoin reached an important level like 25k, 30k, 35k, and so on. When we fell from 70k back to 40 I stopped selling and switched back into accumulating when we went to 30k. I've been buying and saving up ever since at every important level with my highest buys being 32k and lowest 16k. I'm not planning to spend anything as long as it's below 40k, even if it takes another 2 years of accumulation.
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Stalker22
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January 12, 2023, 08:30:14 PM |
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Even if the market is bearish, my faith in #BTC never wavers. I'm not just holding, I'm stacking sats! Because in a bear market, the strong-hand investors hold on to their investments. They hold on to them and wait for the market to recover. And with the #BTC's track record of resilience and growth, I have no doubt that it will bounce back stronger than ever.
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_BlackStar
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January 12, 2023, 08:54:22 PM |
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-snip-
Why is there no option at poll like still holding and accumulating it? I still do both, and I will as long as I have the funds left over at the end of the month. I think bitcoin is great for long term savings than fiat, it is also a very likely profitable investment. Even if I believe gold can bring me return, then bitcoin has been my top choice so far.
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Asiska02
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January 12, 2023, 09:22:29 PM |
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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.
For those of us in the cryptocurrency space, 2022 was a year to remember. From one exchange crash to the next, we manage to make it to the new year. This is another year to be strong and focused on your bitcoin achievements thus far, no matter how minor. Despite the fact that this year has been the worst year in cryptocurrency since the last ATH, I believe people made a good investment by purchasing at a low price. 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
Okay so you I use to keep bitcoin but recently sold almost all because of personal reasons I need to settle. It’s better to be healthy than to hold riches that you don’t know if you’ll be alive to enjoy it. Looking forward to buying more than before and to hold them for a very long time.
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lalabotax
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January 12, 2023, 09:27:45 PM |
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For Bitcoin assets that I owned before this bearish happened or during the bearish era, of course I'm still holding. Because there is no reason to sell at a lower price. Here, we may fall into a deep depression because of the very low BTC price. But we will actually feel a real loss when we panic and sell our BTC at this drastic price drop. Wouldn't we be better off being patient and waiting for the bullish era to happen? It gets better, Long term holding for Bitcoin is something worthy.
In addition, because the price of Bitcoin is currently very affordable, it doesn't matter if we start buying it little by little for long term investment to welcome the bullish era later. Trust me, invest in Bitcoin for the long term when it's bullish, the results won't disappoint. As long as we are able to hold back and not panic against a sudden FUD attack on the market.
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Welsh
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January 12, 2023, 09:28:03 PM |
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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.
Right, although there's a point where this becomes unsustainable in the long run, and the question is when we'll hit that point. While, I'd probably agree that this advice probably still rings true, and will likely yield a positive return. We can't without a doubt state something like this as fact, since there's multiple things that could go wrong which prevents this from happening. Generally, I prefer to advise users to research Bitcoin, and make the decision themselves based on why they think Bitcoin will hold its value or not. That way, they're responsible for their own actions, and it should become quite evident why Bitcoin will be around for quite a while yet.
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Oilacris
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January 12, 2023, 09:29:33 PM |
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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
Ive been accumulating as much as i could considering that i have bought on 40k~ish price and end up on having negative but i didnt sell off my holdings but rather stood strong even though it is really that giving that emotional kind of stress deep inside but with proper experience and awareness on how this market behaves or works then you would really be able to find yourself to handle and would be able to stood your position. Bearish and Bullish which these are the two that would really be the conditions which you could really face up into this market which is something that you should need to deal off always.
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Baofeng
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January 12, 2023, 11:21:39 PM |
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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
Yes, I have been holding for the last 6 months or so, although some of my coins I sold already. But I started to slowly accumulate last year as the price is really at a lowest low so they are cheap and doing DCA, which is very effective strategy not just for me but for everyone here. And you have to look long term, we still have like 15 months prior to the bitcoin halving (catalyst for a bull run), so there are plenty of time for us to continue to accumulate and stack sats. Just remember though that it's not just capital that you have to invest, but time and that mentality to hold and not sell even if you see your portfolio making huge profits. Timing is another thing, if you want to sold it, at least should be close to all time high.
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LittleBitFunny
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January 13, 2023, 01:56:37 AM |
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We have had a bloody year, and I believe those who stay in the market so far will not be selling their bitcoins, people who believe in bitcoin are still accumulating rather than trying to sell. Moreover, selling bitcoin at this stage is almost unprofitable, so the sale is pointless. I collected bitcoins in 2022, and I have quite a few bitcoins and I definitely wont sell till bitcoin hits $100k or more. This year I continue DCA, and I believe there is still 1 year to accumulate, not to take profit.
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landheer
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January 13, 2023, 02:15:15 AM |
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I still hold my btc, but actually when I look at the market now I feel like selling, because the price of btc has increased quite well, but with all my might I will try to hold bitcoin until the btc price is more than 70000 dollars.I believe that the increase in bitcoin prices in 2023 is a good start.
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DaNNy001 (OP)
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January 13, 2023, 02:29:52 AM |
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I still hold my btc, but actually when I look at the market now I feel like selling, because the price of btc has increased quite well, but with all my might I will try to hold bitcoin until the btc price is more than 70000 dollars.I believe that the increase in bitcoin prices in 2023 is a good start.
If you are planning on keeping it till 70k mark then this temporary uptrend shouldn't tempt you into selling your coins. Although many people might be facing this kind situation now because the rise of bitcoin in this early January is really good and getting to 19k mark which means there is positive signs of it continuing and even reaching the 20k mark then I know the temptation to sell will even be more but i urge every one to hold on tight for the rest of the year and lets see where it ends us.
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xSkylarx
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January 13, 2023, 02:34:00 AM |
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2023 would be better than 2022 for sure, as the price will be starting to rise as well as our economy, but I am not sure if it will break its previous ATH. Next year, in 2024 or 2025, there is a possibility of a new ATH because of bitcoin's halving. I don't own a lot of bitcoin; I only have a few, but I am still holding on to them until the price is good and it is reasonable to sell them.
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lienfaye
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January 13, 2023, 03:07:34 AM |
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I'm still holding my Bitcoin because I believe holding for long period is the best strategy if your goal is to to be a huge gainer.
However, there are times i'm really in need and have no choice but to sell some especially last year. I had to sell my Bitcoin to buy additional items for our shop and for house renovation. So this year, I'd like to increase my holdings through buying and keeping my profit from the sig as much as possible. Anyway, it's good to see the price slowly recovering because it's been a while since we last saw the price had a positive movement.
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Fara Chan
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January 13, 2023, 03:36:15 AM |
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Yes, until now I still hold Bitcoin Assets. Our belief in Bitcoin is still very consistent, despite 2022 bloody market conditions engulfing Bitcoin as well as Crypto markets. However, at the beginning of 2023, Bitcoin's growth began to increase little by little, we are sure that Bitcoin will be pumped up again, of course we are waiting for ATH to speculate a good profit to sell it, at this time we are still saving and buying it to be used as an investment asset.
In 2022 we declared it was a bad year, especially for Bitcoin holders, now that year we will remember as a difficult history for Cryptocurrency ( Bitcoin ). Now the work that the OP is doing "Buying Bitcoin by taking advantage of low/easy to reach prices, of course we are doing it too". A little advice for our colleagues, maybe beginners/newcomers. We suggest continuing to invest and holding it until the bull market season, because this is one of the right times/seasons to do it.
Bitcoiners will certainly hold and continue to hold Bitcoin.
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mvdheuvel1983
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January 13, 2023, 04:52:28 AM |
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So am curious to know if everyone is still holding or have chicken out and sold theirs.
For me, the best passive income approach is holding bitcoin. Why, knowing that I will eventually make money, would I not want to hang onto my bitcoin? Regardless of how 2022 turned out, everybody who has played this game knows that bitcoin's value will increase, largely due to how scarce it is. My pretty straightforward plan for bitcoin in 2023 is to purchase more, transfer them from an exchange to a secure wallet, and then watch it rise.
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Maximo Spohn
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January 13, 2023, 07:31:32 AM |
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Before the bear market hit, I sold my coins. But a lot of coins in my hand are slowly becoming devalued because of my holding. In order to stop the loss in time, I can only sell the coins in my hand. Now I have Bitcoin, ETH, BNB, and other top coins in my hands. These are coins that I do not intend to sell. Hopefully what I'm doing now will allow me to hear good news later.
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BALIK
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January 13, 2023, 08:13:02 AM |
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I still hold my btc, but actually when I look at the market now I feel like selling, because the price of btc has increased quite well, but with all my might I will try to hold bitcoin until the btc price is more than 70000 dollars.I believe that the increase in bitcoin prices in 2023 is a good start.
What price did you buy bitcoin? And the current gap with your $70k goal is still far away. If you are a long term investor and using DCA in 2022, then I believe you are not profitable right now, even though the bitcoin price is trending up. I did DCA from $40k till bitcoin dropped to $15.5k, and now the average price I'm buying is still higher than the current bitcoin price, meaning I'm still losing. Bitcoin rallying to $19k is a good sign, but there won't be many sellers at this price except those who need the money urgently.
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BlackRexuz
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January 13, 2023, 08:32:03 AM |
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I still hold my btc, but actually when I look at the market now I feel like selling, because the price of btc has increased quite well, but with all my might I will try to hold bitcoin until the btc price is more than 70000 dollars.I believe that the increase in bitcoin prices in 2023 is a good start.
If you are planning on keeping it till 70k mark then this temporary uptrend shouldn't tempt you into selling your coins. Although many people might be facing this kind situation now because the rise of bitcoin in this early January is really good and getting to 19k mark which means there is positive signs of it continuing and even reaching the 20k mark then I know the temptation to sell will even be more but i urge every one to hold on tight for the rest of the year and lets see where it ends us. Will not be tempted by an increase in the price of bitcoin at this time. If someone uses his money to buy bitcoin from the rest of his salary, there is a possibility that he will hold it, without having to be tempted by the current price of Bitcoin, because the money used is not money for necessities of life, so there is a possibility that they will hold it until the bitcoin price is above 70k more, than most people buy bitcoin from loans or from their daily needs, if holding it too long then it will make it difficult for themselves.
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