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Author Topic: are you still strong holding btc  (Read 1081 times)
xSkylarx
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April 03, 2023, 04:12:24 PM
 #21

With this kind of thread, I remember again those newbies around January about telling the price if they were going to sell it as they saw that it was dropping, which others also said to keep buying. You bought around 28k, which means you are just starting out, while others have been holding for a few years, which means they are really strong at holding bitcoin and not selling it. What I mean is that there are still ups and downs in your journey in holding bitcoin. Keep strong and continue to hold it no matter what, as for sure you'll gain profit whenever it drops if you have extra money to purchase some of it.
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April 03, 2023, 04:28:32 PM
 #22

as we know today btc is in the range of 28000, and i was very lucky to be able to buy btc when the price was still low, and now if i sell it i have a profit but if i sell it now i'm afraid i won't be able to
buying from the bottom again,,
Do not be afraid mate. You are still not late to add more Bitcoin to your portfolio. This is the perfect time to buy because the price is still low if you have resources.
Quote
and I'm currently struggling to hold btc so I don't sell it,
What's making you to struggle to hold? Remember if you're going through a difficult time, do not hesitate to sell off some portion of your Bitcoin to solve your problem first and then work harder to fill it with more Bitcoin when you regain and refrain from whatever problem you're having. We are saving for future and also to be able to do away with our problems. This is one among the reasons we do make investments. Better days ahead.
Quote
I want to ask if you also  keep holding btc?
This is not really necessary because it has no impact on you. Holding is individual decision.
Quote
and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.
If 2024 is your target, then hold till then but you should know no one can tell what the Bitcoin price might be next month talk more of next year 2024. We are all just being optimistic however.

R


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April 03, 2023, 04:32:00 PM
 #23

as we know today btc is in the range of 28000, and i was very lucky to be able to buy btc when the price was still low, and now if i sell it i have a profit but if i sell it now i'm afraid i won't be able to
buying from the bottom again,, and I'm currently struggling to hold btc so I don't sell it,

I want to ask if you also  keep holding btc?

and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.

You should remember that price growth if Bitcoin is not straight pump. It is a series of pump and dump if you will use a lower time frame on price chart. Your main goal in trading is to get profit. If you are already on your current profit then it’s ok to take it rather regret later if the market start crashing again. There’s no guarantee that price will behave same like last bull run while you have a guarantee profit now on your hand.

I know that this is a dilemma but you should set a goal before you invest so that your mind will be fixed on your target not like this that you are confused on what to do. Asking someone advice on your own trade is an absurd way because you are relying on someone to make a decision for you.

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April 03, 2023, 04:49:39 PM
 #24

Yeah, I'm in the same boat. It's like the old saying goes, "buy low, sell high, panic later."  Cheesy

But seriously, I think it's important to stick to your strategy and not let emotions dictate your decisions. I was lucky enough to buy much of my BTC when the price was still low. NOw it's hard to resist the temptation to take a profit, but at the end of the day, it's all about making the best decision for yourself and your financial goals.

R


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April 03, 2023, 04:50:34 PM
 #25

I want to ask if you also  keep holding btc?

Yes of course, holding bitcoin is the most important thing one has to do at this time of the economy. But it is not everyone that is hodling bitcoin for now. Some people were planning bro buy BTC when it was very low at the rate 15$ but there was no money to buy so they waved it away from their budget.
A friend of mine and also a colleague in my working place, was planning to buy bitcoin when it comes down to 15$ and when finally BTC comes down to 15$ there was no money to buy it again because of family expenses. And today the guy is regretting why he didn't buy it when it was low. But I told him that it is not too late. If he has money, he should buy it now that is still at 27+$k.









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April 03, 2023, 04:50:38 PM
 #26

I want to ask if you also  keep holding btc?

We are still holding and holding it until now, because we've been doing it a long time ago and this is something we often know as long as we hold Bitcoin, looking at market conditions in the middle and end of March Bitcoin did experience a price increase even though it didn't increase significantly. as well as a mild correction, so far we are still very consistent in holding it and holding our Bitcoin assets.

Maybe some other people certainly have a different point of view, maybe for them there are those who are still holding and maybe some are getting a little profit from their investment results, and maybe for those who are investing in early March and in the short term I think they already have some of the profits that March has given them, but this depends on one's achievement targets and one's technicality in investing, of course one's targets will vary
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April 03, 2023, 05:38:57 PM
 #27

Quote
as we know today btc is in the range of 28000, and i was very lucky to be able to buy btc when the price was still low, and now if i sell it i have a profit but if i sell it now i'm afraid i won't be able to
buying from the bottom again,, and I'm currently struggling to hold btc so I don't sell it,

I want to ask if you also  keep holding btc?

and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.

Those who bought BTC in the 16k range are very lucky as it looks impossible to get BTC 16k again.Selling BTC at 28000 thousand now would not be wise at all as the market still has many chances to go higher.This is why the price of Bitcoin may go up by the end of this year or 2024.Some experts are even talking about the price of Bitcoin going up to a 1 million dollars.But I think BTC can go to $100,000 in 2024.In such a situation, Bitcoin should not be sold, but this is an opportunity to invest more in it.Because the bear market is about to end and the bull market is about to start where bitcoin and almost many cryptocurrencies can make a huge profit.In this situation, holding on to yourself would be a good strategy.

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April 03, 2023, 06:23:01 PM
 #28

It's still my strategy to hold bitcoin and have to be strong holding bitcoin with a long term of 5-10 years is what I'm looking forward to but I don't know how the journey will be later whether I have to make a decision to sell when the bitcoin price reaches ATH or I will continue to hold it this is still a mystery but what will accumulate every week by means of the DCA strategy in the sense that I am still strong enough to hold bitcoin even though as a whole I have been able to sell it now, but I think it is still not good and I can only confirm my financial situation it's still stable enough so it doesn't interfere with the bitcoins you have.

Yeah, I'm in the same boat. It's like the old saying goes, "buy low, sell high, panic later."  Cheesy

But seriously, I think it's important to stick to your strategy and not let emotions dictate your decisions. I was lucky enough to buy much of my BTC when the price was still low. NOw it's hard to resist the temptation to take a profit, but at the end of the day, it's all about making the best decision for yourself and your financial goals.

Everyone has a strategy for dealing with the bitcoins they have and that should be their principle of what to do, while I have a decision where I have to be ready to resist the temptation of all the news related to bitcoin including hype, fomo, FUD and bad news. which causes bitcoin to be sold in a hurry, if you want to avoid this, just don't watch any news. lol

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April 03, 2023, 06:37:12 PM
 #29

Yes, I am still holding, I am still accumulating. I am not even doing it because of the speculation, I am doing it because I already have a strategy in place to keep buying consistently.
The price is a secondary factor. I believe in the bitcoin project, and I know that sooner or later it is going to coexist with other currencies, and it is those who have already stacked up enough in the past that will be highly on the advantageous side. 

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April 03, 2023, 06:39:14 PM
 #30

as we know today btc is in the range of 28000, and i was very lucky to be able to buy btc when the price was still low, and now if i sell it i have a profit but if i sell it now i'm afraid i won't be able to
buying from the bottom again,, and I'm currently struggling to hold btc so I don't sell it,

I want to ask if you also  keep holding btc?
Yes, I'm holding btc and will keep on holding it until the right time and price appears in my sight that shall satisfy me and without a doubt be prepare to sell it.

and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.
Because of halving, yes.

That's to be expected and we'll need to be more patient until it comes and other speculations are saying that 2025 might be the better year. It's always like that when we come from halving, it appears that the next year becomes the actual bull run.
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April 03, 2023, 07:03:06 PM
 #31

It is always very difficult to hold but you have to discipline yourself to hold and I always suggest that you have another means of earning so that you do not end up selling and having regrets, I know some individuals very very well that no matter what it is they will hold and that has also been my motivation, I don't think I will be selling my asset that has been trying to accumulate for some time now, am dedicated seen what as happened in the previous markest I also must taste and testify, and that is why I always make it clear to people investing bitcoin don't buy and end up selling, the fact is that bitcoin is a long time investment.

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April 03, 2023, 07:54:06 PM
Merited by The Sceptical Chymist (3)
 #32

as we know today btc is in the range of 28000, and i was very lucky to be able to buy btc when the price was still low, and now if i sell it i have a profit but if i sell it now i'm afraid i won't be able to
buying from the bottom again,, and I'm currently struggling to hold btc so I don't sell it,
Maintain your patience because you will undoubtedly profit more if you hold your Bitcoin for the long term.
$28k is a small increase compared to Bitcoin's All-Time High, and the market is looking green with a high chance of starting to recover soon, especially since we are all expecting a halving by 2024.

Quote
I want to ask if you also  keep holding btc?
Yes of course I hold Bitcoin because I feel that this is an opportunity for me to get my own Bitcoin after missing out on Bitcoin early investment.

Quote
and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.
That is our current hope, but will Bitcoin drop after the halving?
I believe Bitcoin is versatile and will gain more global recognition after halving, which will improve its global adoption. As a result, I intend to keep holding my Bitcoin even after halving, because I see Bitcoin as a valuable asset to hold for future sustenance.



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April 03, 2023, 08:08:22 PM
Merited by fillippone (1)
 #33

I don't intend to sell now,since I have a target price which should come up after bitcoin halving. Sometimes when we are faced with difficulties there will be no other option than to fall back on our investment to help take care of the challenge.

I only sell some part of my investment when it is necessary,I am still accumulating more bitcoin to my investment since the price is still low compare to my expectations. To keep my mind away from my investment,I don't bother checking the price so that I don't get tempted to sell.

You have already made profit from your investment and if you sell some fraction to solve a critical problem, it isn't a bad move. To hold for long,one must be discipline and determined not to sell due to anxiety or panic.

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April 03, 2023, 08:11:15 PM
 #34

If by "strong holders" you mean those who hold for a long time, then I am not one of them. However, if you mean holding to profit, then I am among them. When sudden dumps occur, I buy Bitcoin and take advantage of the volatility when it is pumped. It's a game of pump and dump, and Bitcoin is unlikely to ever stabilize. As a result, I concentrate on growing my portfolio. Even if it doesn't dump and pump continuously, I don't regret it because I am making a profit by taking risks. If we can't take risks, we'll have to wait a long time for a big bull run to make a profit. Every holder should have a different strategy, and I won't say anyone is wrong. The strategy I'm using may change from time to time.

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April 03, 2023, 08:11:46 PM
 #35

as we know today btc is in the range of 28000, and i was very lucky to be able to buy btc when the price was still low, and now if i sell it i have a profit but if i sell it now i'm afraid i won't be able to
buying from the bottom again,

The main difficulty is identifying the bottom. As a matter of fact, the bottom in the next 6 months could be this exact price we have today or very close to it. It's possible that Bitcoin will never fall below 25000 USD again. What will you do if that happens and you're out? Are you going to be out forever, or will you pay more for the same bitcoin?

Quote
and I'm currently struggling to hold btc so I don't sell it,
If you're struggling it means you've invested more than you should.


I'm holding more bitcoin than I did in 2022 at this time and I'm planning to keep stacking up.
Even if it goes to 30000 now I won't sell anything. It's much easier to hold bitcoin than fiat in case of emergency.
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April 03, 2023, 08:28:10 PM
 #36

I always remind myself that I'm going to be in bitcoin for a few years and of course the issue of whether or not I'm strong enough to hold is decided by myself although for now I've made a small profit after doing a DCA of $15k but I think that's only a small part of the enjoyment compared to continuing to hold until my target is reached.
Now bitcoin is still in a position where I will continue to do DCA because in this case I also always convince myself that I will buy until the price is around $30k.
There is no rush to bring in profits as this is an asset for my future Smiley

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April 03, 2023, 09:46:16 PM
 #37

as we know today btc is in the range of 28000, and i was very lucky to be able to buy btc when the price was still low, and now if i sell it i have a profit but if i sell it now i'm afraid i won't be able to
buying from the bottom again,, and I'm currently struggling to hold btc so I don't sell it,

I want to ask if you also  keep holding btc?

and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.

In my opinion, it's a good step if you still hold your Bitcoin and are not tempted to sell it even though you feel you have got a good profit from Bitcoin, because if you still believe that Bitcoin will potentially be more profitable if you hold it until after the halving, then do it according to your plan and belief.
I think for now on average we are still holding onto our Bitcoins because many of us also want to chase it until a new ATH appears to get maximum profit and maybe sell half of it at that time.
Myself still hold fast to hold it because I have the belief that Bitcoin in the future will be better than the past and present. I personally would stay on hold until I hit a new all-time high ATH.
The most important thing is to be patient, consistent to collect even if little by little before Bitcoin reaches a new ATH which is likely to be higher than the previous ATH.









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April 03, 2023, 09:50:52 PM
 #38

Well, I am still holding some BTC, I know it will go up in price in the coming years so it would be a waste.  Aside from holding, I am still accumulating BTC little by little.  I always set aside a fraction of my income to my BTC holding address and will sell it once it hit my target price as the price of BTC surge and reaccumulate when the market price retraces or enter the bear market after the bull trend.


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Rengga Jati
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April 03, 2023, 09:53:58 PM
 #39

I want to ask if you also  keep holding btc?
Why not?
I am still holding BTC since 2021 when I have BTC at $50k, then it's dropped and still holding until now. I also have some BTC when it's under $20k to add to my portfolio, and this is still holding.
The reason is the same there will be a bullish era someday, and I will hold the BTC at least until the bullish era, or much longer again. No worry to keep holding if we know the risks and the chances.

R


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Oilacris
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April 03, 2023, 10:19:27 PM
 #40

I want to ask if you also  keep holding btc?
Why not?
I am still holding BTC since 2021 when I have BTC at $50k, then it's dropped and still holding until now. I also have some BTC when it's under $20k to add to my portfolio, and this is still holding.
The reason is the same there will be a bullish era someday, and I will hold the BTC at least until the bullish era, or much longer again. No worry to keep holding if we know the risks and the chances.
The time i did able to gain up some bitcoin was on $46k and the price had come down gradually and instead of panic selling, i did make some DCA which means i've been accumulating
while its still decreasing its price.This is why its not really that a bad idea on DCA'ing on going lower prices considering that we arent that blind on what potential does Bitcoin have.
Now the market is starting up to show up some greens then my port is starting out to climb up now. Its up to yours whether you would be holding or not
because in every investment decisions we do have our own will on which decision we would be making.
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