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Author Topic: are you still strong holding btc  (Read 1082 times)
Mr.suevie
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July 30, 2023, 04:11:37 AM
Merited by rachael9385 (1)
 #121

Of course I still hold it. even I still continue to buy it regularly. because for me investing in Bitcoin is not only until the halving period next year but I seem to be planning to hold on much longer, namely up to more than 5 years from now. maybe 10 years is what I would plan for. but my plans may change according to what will happen to this industry in the future or some other factors. but what is clear is that I am paying in installments little by little so that it doesn't interfere with my financial flow.
It is good that you are still holding it, mate. It is too early if we sell our Bitcoin now, we must wait for the bullrun/bullish season at least. Most people must prefer to hold now, there is no big reason to sell at the current price. Anyway, it depends on you to hold more 5-10 years but I won't do it for my Bitcoin. After the next bullrun/bullish season, the price of Bitcoin will drop significantly again and we can buy again at that time. So, during the next bullrun, we can get bigger funds if we sell our Bitcoin. Then, in the next bearish season, we can buy more Bitcoins for the next long-term holding.




Everyone is much expecting the bull run because the BTC you have accumulated will determine the amount of money you will be able to get as profits during this time but unlike some other folks I think I will sell off all my coins after the bull run and wait just like you for the bear season to come because after BTC reach a new ATH because that's what am speculating, it will eventually drop back to some significant digit and that's when I start my buying of coins back. I intend on using the profits I will gather from my investment to start up something else for myself to atleast feel joy that I actually did something hood with my bitcoin money Grin

R


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July 30, 2023, 04:40:37 AM
 #122

Of course I still hold it. even I still continue to buy it regularly. because for me investing in Bitcoin is not only until the halving period next year but I seem to be planning to hold on much longer, namely up to more than 5 years from now. maybe 10 years is what I would plan for. but my plans may change according to what will happen to this industry in the future or some other factors. but what is clear is that I am paying in installments little by little so that it doesn't interfere with my financial flow.
It is good that you are still holding it, mate. It is too early if we sell our Bitcoin now, we must wait for the bullrun/bullish season at least. Most people must prefer to hold now, there is no big reason to sell at the current price. Anyway, it depends on you to hold more 5-10 years but I won't do it for my Bitcoin. After the next bullrun/bullish season, the price of Bitcoin will drop significantly again and we can buy again at that time. So, during the next bullrun, we can get bigger funds if we sell our Bitcoin. Then, in the next bearish season, we can buy more Bitcoins for the next long-term holding.

Well so do I maybe there will be some changes in my investment plans. Because after being bullish it is also common for bearish to occur again. And it keeps repeating. And I might also be tempted to sell when the bull market is at its peak. But what is clear is that now is not the right time to sell. Because I feel that it is precisely the Bull market that is just about to start. We see bitcoin price in the 29-30 area so strong in holding back the sellers. Every time there is a big sale, it is always followed by a big purchase. So I still don't hesitate to keep buying from this area. Maybe the price could just fall back to 28 or less. but it doesn't matter. As long as I still have money to buy. So when there is a dips I just need to buy back from the dips.

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July 30, 2023, 05:04:03 AM
 #123

Of course I will hold the bitcoins. Will anyone want to sell bitcoin easily? It is a profitable currency. Bitcoin is better than other currencies. The current Bitcoin price is expected to increase further in the future. Those who bought bitcoin earlier at a lower price than the current price would be a fool to sell now. Many will sell their bitcoins in fear again if the price of bitcoins falls again. I would tell them to hold on and the price of Bitcoin will increase.
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July 30, 2023, 05:07:15 AM
 #124

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.
i suggest don't be too sure in 2024 BTC will have a bullrun, it could happen more than that year or it could even happen this year, no one knows about it. I'm worried that if we expect it in 2024, and if it doesn't happen, then we will feel frustrated and end up hurting ourselves. but i agree with you its better to hold, because we don't know if we can buy at a lower price after this, hold until the bullrun comes, and that's when i think the best time to let it go.

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July 30, 2023, 05:36:47 AM
 #125


I want to ask if you also  keep holding btc?


What we should know BTC long term holders (LTH) now control 75% of the total circulating BTC supply. So, the question is: Who Are They and Why Does It Matter? They are one of the two main segments of the Bitcoin Market, with the other segment being short-term holders (STH), which includes holders who bought at past lows. Long-term holders continue to pile up and this is a positive sign for the BTC asset.

This is why we are also required to at least follow in their footsteps even though the benefits of HODL will only appear in the long term.

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July 30, 2023, 05:41:09 AM
 #126

Of course I still hold it. even I still continue to buy it regularly. because for me investing in Bitcoin is not only until the halving period next year but I seem to be planning to hold on much longer, namely up to more than 5 years from now. maybe 10 years is what I would plan for. but my plans may change according to what will happen to this industry in the future or some other factors. but what is clear is that I am paying in installments little by little so that it doesn't interfere with my financial flow.
It is good that you are still holding it, mate. It is too early if we sell our Bitcoin now, we must wait for the bullrun/bullish season at least. Most people must prefer to hold now, there is no big reason to sell at the current price. Anyway, it depends on you to hold more 5-10 years but I won't do it for my Bitcoin. After the next bullrun/bullish season, the price of Bitcoin will drop significantly again and we can buy again at that time. So, during the next bullrun, we can get bigger funds if we sell our Bitcoin. Then, in the next bearish season, we can buy more Bitcoins for the next long-term holding.

Well so do I maybe there will be some changes in my investment plans. Because after being bullish it is also common for bearish to occur again. And it keeps repeating. And I might also be tempted to sell when the bull market is at its peak. But what is clear is that now is not the right time to sell. Because I feel that it is precisely the Bull market that is just about to start. We see bitcoin price in the 29-30 area so strong in holding back the sellers. Every time there is a big sale, it is always followed by a big purchase. So I still don't hesitate to keep buying from this area. Maybe the price could just fall back to 28 or less. but it doesn't matter. As long as I still have money to buy. So when there is a dips I just need to buy back from the dips.
What a bull-ieveable tale this is! Your approach appears to be to ride the bull, hang tight, and seize the dips with unwavering confidence in Bitcoin. I just hope you're not becoming a Bitcoin addict and spending all of your time poring at the charts.

Bitcoin investments shouldn't be made in the same way a compulsive gambler doubles down constantly. Diversification is not merely a catchy phrase created to baffle inexperienced investors. It goes against a fundamental concept to put all your eggs in one basket. After all, would you rather be the Titanic or the lifeboat if Bitcoin were a ship?

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July 30, 2023, 05:53:21 AM
 #127

I was buying it for more than 3 years and still haven't sold any. And I don't see any reason to do that anytime soon. We've seen it almost at $70k, I don't think that is the top for Bitcoin.
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July 30, 2023, 06:08:51 AM
 #128

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.
i suggest don't be too sure in 2024 BTC will have a bullrun, it could happen more than that year or it could even happen this year, no one knows about it. I'm worried that if we expect it in 2024, and if it doesn't happen, then we will feel frustrated and end up hurting ourselves. but i agree with you its better to hold, because we don't know if we can buy at a lower price after this, hold until the bullrun comes, and that's when i think the best time to let it go.

indeed we will not know what will happen in 2024 because btc price movements are very difficult to predict, but it seems op is very lucky because he can buy btc at low prices, and it looks like op
made the right decision as it looks like he will hold firm on his btc. hopefully op investment and we all benefit.

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July 30, 2023, 08:25:00 AM
Merited by fillippone (1)
 #129

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,
You have to apply several strategies to the bitcoin holdings that you have and the ultimate goal is to collect as many as possible to get big profits. If you don't have a strategy to increase the amount of bitcoin ownership, the investment you are making will not grow. Your budget can determine the amount of bitcoin holdings and when you don't have a lot of money then what strategy you need to employ.

Holding will always be profitable for the investments we make and who can survive by continuing to hold them, they will get a profit in accordance with the amount of ownership they have. Make sure you keep trying to collect and hold until bitcoin reaches the next ATH.

I want to ask if you also  keep holding btc?
Whenever talking about cryptocurrencies, what everyone is targeting is bitcoin. Holding bitcoins is far more profitable than holding other coins and for many reasons bitcoin is one of the best in the crypto space.

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July 30, 2023, 08:31:57 AM
 #130

Of course I still hold it. even I still continue to buy it regularly. because for me investing in Bitcoin is not only until the halving period next year but I seem to be planning to hold on much longer, namely up to more than 5 years from now. maybe 10 years is what I would plan for. but my plans may change according to what will happen to this industry in the future or some other factors. but what is clear is that I am paying in installments little by little so that it doesn't interfere with my financial flow.

I think that's a good idea, and apparently you are very experienced in investing in BTC, indeed if we hold BTC for a long time it has the potential to make big profits, but of course it's not free from risk, because the BTC price could drop in the future.

yes, I also still like to buy btc if there is idle money.
No investment is without risk. Any platform for investing is risky. But when analyzing the level of risk, I think the risk in Bitcoin is very low compared to other currencies. Where by investing you can get back your money profitably after a long period of time but that is not possible in any other currency. I bought some altcoins in 2021, some of them have no existence in the market and some of have no trading volume. But the bottom line is that no other currency can compare with Bitcoin. Bitcoin is different in every way. Bitcoin is unique as the only decentralized asset in the cryptocurrency world.
We have to take risk to invest. If we don't take risk, the chances of profit from investing will be very low. We always have to find the right coins to invest and then invest. Now if we invest in wrong coin and wait for long time.  There will be no profit but our money will slowly disappear.  We always have to choose good coins. If we want to be successful by investing, we have to choose altcoins along with Bitcoin. After that, we have to invest for a long time, then maybe there will be a possibility of profit.


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bitzizzix
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July 30, 2023, 08:49:14 AM
 #131

I was buying it for more than 3 years and still haven't sold any. And I don't see any reason to do that anytime soon. We've seen it almost at $70k, I don't think that is the top for Bitcoin.
Never sell if you have bitcoins as long as you haven't reached the target, because in the long term as long as you have strong faith and patience your wish will surely be achieved.
Bitcoin will achieve more than you say if you stick with it after it reaches the price you say it is, and if you only want to take some of your profits, that's a good job. And you just use it to enjoy the benefits, and still have bitcoins to reach your next destination because the next price is around 100k or so.

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tjtonmoy
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July 30, 2023, 04:37:50 PM
 #132

You know that the difference between a holder and a trader is that the trader is always in search of a short-term profit and might even sell at the wrong timing, but a holder always has a target, and until the target is reached, they don't sell.
I try to add as much as I can to my hodling portfolio. But there are some times when you are forced to sell in order to solve the problem. In cases like this, I always try to sell as less as I can. Keeping the cost to a minimum. It is better to use what you have in hand rather than take a loan. As soon as you are in debt, it becomes a cycle. You keep on taking loans in order to pay the first one. This happens when you are not earning enough or more than enough. I don't wanna get caught in that. I would rather use what is mine. I can always fill up my bags again when the time is right.

You can never be in a bad time while investing in Bitcoin. So as long as I keep adding to my portfolio, I think I am good. I am still hodling and plan to hodl till the upcoming bull run. So let's hope I don't get caught into some situations where I would have to sell again.
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July 30, 2023, 05:04:00 PM
 #133

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.

I am strong hodling my BTC yes. Will only sell in case of critical issue in life. Other than that, I keep buying monthly or some such and hodling it util one day we can finally use it everywhere without concerns about using it and being targetted by states or police or whatever.
From what we have been observing, about CBDCs, they will try exactly the opposite that Bitcoin offers. Total control over the population!

Bitcoin is energy. Bitcoin is freedom
I rather die on my feet than living on my knees!
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July 30, 2023, 05:11:28 PM
 #134

It is better to use what you have in hand rather than take a loan. As soon as you are in debt, it becomes a cycle. You keep on taking loans in order to pay the first one. This happens when you are not earning enough or more than enough. I don't wanna get caught in that. I would rather use what is mine. I can always fill up my bags again when the time is right.
Let's say it depends on what kind of loan you're getting: I know people who get into troubles because they buy cars they can't afford and they can't keep up with the monthly payments, that is something just plain stupid to do. Or people who have thousands and thousands of dollars of debts because they buy too many clothes and shoes, again, that is just plain stupid because are unnecessary things. If you get a decent loan to buy a house it's a different story. The important question is: what do you need this loan for? Is it something absolutely necessary? Or is it something that will make you happy for a few weeks and then you'll forget about it?

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July 30, 2023, 05:12:10 PM
 #135

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.

I am strong hodling my BTC yes. Will only sell in case of critical issue in life. Other than that, I keep buying monthly or some such and hodling it util one day we can finally use it everywhere without concerns about using it and being targetted by states or police or whatever.
From what we have been observing, about CBDCs, they will try exactly the opposite that Bitcoin offers. Total control over the population!
Great man keep holding till bitcoin reach $100k. And keep buying bitcoins following DCA it can make you rich after long time  However, there are many smart hackers trying to hack Bitcoins, so be sure to use a non-custodial wallet or hardware wallet to hold Bitcoins and keep access to your Bitcoins completely to yourself.  Remember not your key not your Bitcoin. good luck man. i am also trying to hold bitcoins Because now bitcoin price is very low according the last ATH



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July 30, 2023, 05:14:48 PM
 #136

I am strong hodling my BTC yes. Will only sell in case of critical issue in life. Other than that, I keep buying monthly or some such and hodling it util one day we can finally use it everywhere without concerns about using it and being targetted by states or police or whatever.
From what we have been observing, about CBDCs, they will try exactly the opposite that Bitcoin offers. Total control over the population!

so you are planning a Bitcoin investment that you hold until now to reserve funds? that's very good. some people might think like you. but it's possible that there are more of those holding Bitcoin right now (especially new investors) thinking about turning a profit in the next bull season.

since you have a plan to use it when it's critical, it's possible that when you really need it Bitcoin isn't a good price. but if you continue to increase the amount every month, that means you continue to increase the value of your investment. surely you will not worry about such a situation.


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July 30, 2023, 05:15:23 PM
 #137

I was buying it for more than 3 years and still haven't sold any. And I don't see any reason to do that anytime soon. We've seen it almost at $70k, I don't think that is the top for Bitcoin.

That means you haven't seen a real Bitcoin rally yet. It's normal to hodl onto that BTC for you. Bitcoin teach everyone this rule, never sell your coins at loss.
The real test will be in the next rally. You'll be upset or happy based on what price you sell your BTC. It's better to split your Bitcoin investment into two groups. In one group, store them in cold wallet and never sell until the time comes (10-20 years plan). In another group collect BTC in bear market and try to sell them at the top in big rally time. That way you can accumulate more coins in the long run. And never mix up these two groups. Don't sell all your coins at once or don't hodl all your coins and miss a rally.

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darkv0rt3x
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July 30, 2023, 05:15:45 PM
 #138

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.

I am strong hodling my BTC yes. Will only sell in case of critical issue in life. Other than that, I keep buying monthly or some such and hodling it util one day we can finally use it everywhere without concerns about using it and being targetted by states or police or whatever.
From what we have been observing, about CBDCs, they will try exactly the opposite that Bitcoin offers. Total control over the population!
Great man keep holding till bitcoin reach $100k. And keep buying bitcoins following DCA it can make you rich after long time  However, there are many smart hackers trying to hack Bitcoins, so be sure to use a non-custodial wallet or hardware wallet to hold Bitcoins and keep access to your Bitcoins completely to yourself.  Remember not your key not your Bitcoin. good luck man. i am also trying to hold bitcoins Because now bitcoin price is very low according the last ATH

Yes, that is the idea. Accumulate the most Bitcoin I can, while I'm alive. Then, someone will have to take over. And I'm in Bitcoin since late 2018, so, I'm aware of most good practices when it comes to safety such as the fact you mention about keys and non-custodial wallets! I'm kinda old school and usually I do my transactions by hand. And I have my own plan to save my PKs, so, I think I'm more or less safe regarding safety!

Bitcoin is energy. Bitcoin is freedom
I rather die on my feet than living on my knees!
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July 30, 2023, 05:55:43 PM
 #139

I think I will sell off all my coins after the bull run and wait just like you for the bear season to come because after BTC reach a new ATH because that's what am speculating, it will eventually drop back to some significant digit and that's when I start my buying of coins back. I intend on using the profits I will gather from my investment to start up something else for myself to atleast feel joy that I actually did something hood with my bitcoin money

This is a great idea,and I also love the idea. accumulating as much as you can in a bear market and selling in a bull run, you sell and make some profits. But as for someone who doesn't have the uses for money, he or she can keep holding and continue buying because selling something and trying to time market something is not advised because some may not get the opportunity to buy at a lower price unless you are type that are always good in timing market. As for me, who has a selling target on Bitcoin investment, if the price of Bitcoin does not clock my selling target, even if I see that may some profit in next bull run, I will not sell. I would rather continue accumulating.

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tjtonmoy
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July 30, 2023, 06:23:55 PM
 #140

The important question is: what do you need this loan for? Is it something absolutely necessary? Or is it something that will make you happy for a few weeks and then you'll forget about it?
This has to be an extreme situation for me to get a loan. But when I sell from my hodling bags, I only do it in situations when it is serious or in some cases extreme. For example, it is a health issue, accident, something you can't live without for a single day, or some devices like smartphone or computer is dead and you need it immediately. I keep a budget from my monthly costs. When I cover up every expense and put the rest of the money in a saving account or in a Bitcoin hodling wallet. Now I am left with something you can call pocket money. But sudden situations may come one day and in that situation, I don't want to take a loan. Not loan but what I try to say is borrowing. Maybe from a bank or some individual.

In cases like this, I may sell some of my hodling. Rather than that, I am good with hodling.
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