Know your time to HOLD

[Yamifoud]

The concept is we have to think that bitcoin is a potential asset to hold in the long term, so that our investment goals are more focused and not thinking about how the market will react. Bitcoin will always have its moments ups and downs over a period of time, so it doesn't really matter how the market reacts once we have established an investment pattern. The problem lies in how knowledgeable we are in investing and most beginners get stuck in market conditions, so they don't try to learn the long term to invest in bitcoin.

Beginners seem to understand how the market works and how bitcoin can give them returns. But many newbies are too afraid to leave the market especially after they have invested, I mean they always monitor the price movement which at a certain moment has changed their investment plan especially when the price actually drops lower. I can say that as one of my personal experiences at beginner, but as I've been here longer and seen how bitcoin works over the long term, my investment plan hasn't changed much. So I think they need time, they need something convincing that in the long term bitcoin can give them returns, that's the experience.

Perhaps, it was very common to those who certainly don't have an idea about investing as they never know what they are doing. Because investing should be played so well in order to succeed -there is a plan, as a key role to win the market and earn a profit but somehow, this has been usually missing to many investors. They are not guided which is why they'll never do what they gonna do next aside from selling but to know when that is totally had missed out.

[1715445269]

1715445269

[1715445269]

1715445269

[lkjhg]

My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.

 

I thought you could have gotten lower than that in december last year but you missed it, if you are sure it won't be lower than 25k-20k then your chance to buy is now.
Pay attention to market movements, will bitcoin continue to fall this year?

I don't think Bitcoin will drop from $20k anymore because for the past few months the price of Bitcoin has been above $20k and even reached $30k,
and yes now it has corrected to $27k and is still within reasonable limits, I hope we don't miss the opportunity to buy Bitcoin at a price below $30k,
because the whales also want to accumulate as many Bitcoins as possible.

[fuguebtc]

My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.

 

I thought you could have gotten lower than that in december last year but you missed it, if you are sure it won't be lower than 25k-20k then your chance to buy is now.
Pay attention to market movements, will bitcoin continue to fall this year?

I don't think Bitcoin will drop from $20k anymore because for the past few months the price of Bitcoin has been above $20k and even reached $30k,
and yes now it has corrected to $27k and is still within reasonable limits, I hope we don't miss the opportunity to buy Bitcoin at a price below $30k,
because the whales also want to accumulate as many Bitcoins as possible.

Nothing is certain with this market, even though bitcoin hasn't broken $20k over the past several months, that doesn't mean the rest of the year won't happen. We're still pretty far from halving, the world economy hasn't improved yet...things are still terrible, so anything can happen. One more thing, if you believe in history, a drop below $20k is still possible, don't be subjective that $20k will be unbreakable. I will always be cautious until the halving happens, I will never believe in any bitcoin predictions in a turbulent economy, as the unexpected will most likely continue to happen.

[lizarder]

Beginners seem to understand how the market works and how bitcoin can give them returns. But many newbies are too afraid to leave the market especially after they have invested, I mean they always monitor the price movement which at a certain moment has changed their investment plan especially when the price actually drops lower. I can say that as one of my personal experiences at beginner, but as I've been here longer and seen how bitcoin works over the long term, my investment plan hasn't changed much. So I think they need time, they need something convincing that in the long term bitcoin can give them returns, that's the experience.

In other words experience will slowly bring them to a much better level of knowledge, take one of the examples of what you said that at first almost everyone who didn't understand bitcoin experienced panic and found it difficult to control themselves when market conditions experienced a sharp decline. Even though the concept is that if the long term is used as a benchmark for investment, then market conditions however will not affect it because we will only wait for a big increase to sell the bitcoins that we have.

Hands-on involvement can lead them to the knowledge stage, although the investment approach can be taken in a different way, such as trying slightly smaller numbers for a test of mental readiness when the market is experiencing a sharp downturn. At this stage, experience will lead them to the conclusion in living the actual investment.

[lixer]

The concept is we have to think that bitcoin is a potential asset to hold in the long term, so that our investment goals are more focused and not thinking about how the market will react. Bitcoin will always have its moments ups and downs over a period of time, so it doesn't really matter how the market reacts once we have established an investment pattern. The problem lies in how knowledgeable we are in investing and most beginners get stuck in market conditions, so they don't try to learn the long term to invest in bitcoin.

Beginners seem to understand how the market works and how bitcoin can give them returns. But many newbies are too afraid to leave the market especially after they have invested, I mean they always monitor the price movement which at a certain moment has changed their investment plan especially when the price actually drops lower. I can say that as one of my personal experiences at beginner, but as I've been here longer and seen how bitcoin works over the long term, my investment plan hasn't changed much. So I think they need time, they need something convincing that in the long term bitcoin can give them returns, that's the experience.

What can be more convincing for them than the price history of Bitcoin? Shouldn't that be enough to convince someone that Bitcoin outperforms its own previous cycles in its next cycle, it has been proved multiple times in the past, so I don't think that people who don't believe in Bitcoin would get convinced only by words if they are not getting convinced by seeing this.

Facts and figures speak louder than words, and if you are a newbie and have doubts, all you need to do is do some research to find out for yourself what is the history of Bitcoin, where it started, how many problems it had to face, and how it reached where it is today by proving everyone wrong.

[yohananaomi]

Many people think that by holding for a long time you will be able to get big profits, of course this strategy is good but suitable for those who have large capital and finances, for those of us who still need a lot of money then we can do daily or weekly trading because the profit potential can reach 10% or more, so when we have a profit of 10% then we should immediately sell.

theoretically it should be done, if you have big funds and just buy and hold as long as possible certainly there will be no problem. but we also know that many do not have large capital and do daily/weekly trading as you say, it is indeed very promising. but it must be remembered that in a situation like this, if you analyze wrongly, you will not get a profit, instead the funds will be drained.
there are always good and bad sides when you want to trade, but if you have studied well of course it is a positive thing. but don't rule out the possibility by trying to keep trading with small funds first, so you can analyze movements properly.

[Nwada001]

I don't think Bitcoin will drop from $20k anymore because for the past few months the price of Bitcoin has been above $20k and even reached $30k,

There is nothing impossible when it comes to Bitcoin price prediction; we base our predictions on assumptions and repeated events that we believe are likely to happen again. We should always prepare ourselves for the worst price change; at least that's what I do. Bitcoin for the last few weeks has shown great resistance from falling below $25k, which is greater and shows that it's a fighter. But that doesn't prove any fact that the Bitcoin price can't go below $20k ever again; anything can happen at any time, and we will see a massive market drop. We can even see Bitcoin at $17k. It can happen; it has also happened before. The only thing I always believe is that no matter how much the price of Bitcoin seems to drop, it can never go down to $1 again; it's valued above that, and that's final.

[rhodelmabanal]

My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.

 

You will never loss if you don't sell at loss, everytime there is a topic like this here in the forum i will always said that patience is very important in crypto and we always have a bear and bull market there is no stable status we will see different price and different scenarios together with the good and bad updates,sometimes our loss is from the lack of patience so have patience mate and continue buying we are in bear so it is an opportunity.

[milewilda]

The concept is we have to think that bitcoin is a potential asset to hold in the long term, so that our investment goals are more focused and not thinking about how the market will react. Bitcoin will always have its moments ups and downs over a period of time, so it doesn't really matter how the market reacts once we have established an investment pattern. The problem lies in how knowledgeable we are in investing and most beginners get stuck in market conditions, so they don't try to learn the long term to invest in bitcoin.

Beginners seem to understand how the market works and how bitcoin can give them returns. But many newbies are too afraid to leave the market especially after they have invested, I mean they always monitor the price movement which at a certain moment has changed their investment plan especially when the price actually drops lower. I can say that as one of my personal experiences at beginner, but as I've been here longer and seen how bitcoin works over the long term, my investment plan hasn't changed much. So I think they need time, they need something convincing that in the long term bitcoin can give them returns, that's the experience.

What can be more convincing for them than the price history of Bitcoin? Shouldn't that be enough to convince someone that Bitcoin outperforms its own previous cycles in its next cycle, it has been proved multiple times in the past, so I don't think that people who don't believe in Bitcoin would get convinced only by words if they are not getting convinced by seeing this.

Facts and figures speak louder than words, and if you are a newbie and have doubts, all you need to do is do some research to find out for yourself what is the history of Bitcoin, where it started, how many problems it had to face, and how it reached where it is today by proving everyone wrong.

Speaking about getting hooked up then this would be usually be talking about price or its increasing value overtime on which this would be the main reason on why people would really be tending to dive or engage into because they've seen that earning opportunity which is something that do mainly we do focus on. Of course there would really be some initial doubts whether we've been able to see it online or have been introduced by other people on which it wouldnt really be that shocking that people would be that skeptical but on the time that they had learnt up enough then  for sure they would really be having those later reconsiderations.
On the time that you would be seeing that buying opportunity on which it would really be just that common sense that you would really be that doing this at the bottom. DCA is the key to accumulate more specially with
Bitcoin but it would be depending if it would really be permitted out by your budget or investment allocation which we know that it would really vary into each person.

[Falconer]

You will never loss if you don't sell at loss, everytime there is a topic like this here in the forum i will always said that patience is very important in crypto and we always have a bear and bull market there is no stable status we will see different price and different scenarios together with the good and bad updates,sometimes our loss is from the lack of patience so have patience mate and continue buying we are in bear so it is an opportunity.

You have seen evidence of it in the last 2 days where bitcoin fell 6% and then recovered within a day after. Not selling at a loss means they only hold, it's not called a loss as long as they still hold bitcoin. Financially they have lost the value of those bitcoins as their conversion to fiat has fallen, but if they are patient and don't panic then the price recovery will allow them to get a better conversion rate.

It didn't take long, today the bitcoin price has returned above $27k which may test resistance above it in a few moments. If this $27k can be held, then the $28k resistance will be broken soon.

[Desscount]

My take on bitcoin in 2023 by the way it bought and was pumping pumping and pumping was like it will never stop. I thought it was my year to make my money and keep much of Bitcoin in my wallet. But the dullness of over 2 months has changed my mind. The scenario poured coldness in my mind but again let me know that bitcoin behaves like an asset and asset has the time to buy and sell not the way I thought it will always be be buying.

I have waited for the price to reach $25k for me to start pumping my money, it never reach there. I grows impatient daily, I won't wait more than 1st of July, any price I see it is what I buy.

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.

 

You will never loss if you don't sell at loss, everytime there is a topic like this here in the forum i will always said that patience is very important in crypto and we always have a bear and bull market there is no stable status we will see different price and different scenarios together with the good and bad updates,sometimes our loss is from the lack of patience so have patience mate and continue buying we are in bear so it is an opportunity.

The time to sell or place a stop loss is also very important when we do Hodl, don't just hodl all the time and let the losses deepen,
if it's time to get out of the Hodl and it's a loss then do it!, because otherwise you will lose all your capital.
patience does not always produce and can even destroy us, because patience must also be limited in us when investing.

[YUriy1991]

I don't like to sound desperate, do I sound desperate or determine to make money?

Bitcoin HODLing for years can not be a lost affair.

Not at all. Your recognition of the cyclical nature of Bitcoin as an asset and your belief in the long-term potential of BTC align with an investment strategy widely known as "HODLing" in the cryptocurrency community. I think this approach emphasizes the benefits of holding Bitcoin for a long time, allowing investors to take advantage of its growth over time. By adopting this strategy, you are demonstrating a careful understanding of market dynamics and a commitment to maximizing your profit potential in the long term.

[asrinur]

Even if it sounds like you aren't desperate and want to make some money. In the end, the investment decision is a personal one that should be tailored to your own goals and financial situation. However, it is also important to weigh the risks and conduct thorough research before making any significant investment decisions.

HODLing Bitcoin for years is a long-term strategy that can have mixed results. The Bitcoin value can experience significant fluctuations over a period of time. Moreover, the crypto market has a high level of volatility, and prices can change drastically in a short time. The right investment choice depends on a deep understanding of the market, good research and following the principle of risk diversification.

[Velemir Sava]

Even if it sounds like you aren't desperate and want to make some money. In the end, the investment decision is a personal one that should be tailored to your own goals and financial situation. However, it is also important to weigh the risks and conduct thorough research before making any significant investment decisions.

HODLing Bitcoin for years is a long-term strategy that can have mixed results. The Bitcoin value can experience significant fluctuations over a period of time. Moreover, the crypto market has a high level of volatility, and prices can change drastically in a short time. The right investment choice depends on a deep understanding of the market, good research and following the principle of risk diversification.

Yes, that's right. If your suggestion leads to deciding to hold Bitcoin in the long term and we must be prepared for price fluctuations and have a good understanding of the market. Risk must also be managed by diversifying investments. And what needs to be remembered always is that the cryptocurrency market can be very volatile, with prices that can change as quickly and significantly as you mean.

[greek_hephaestus]

Even if it sounds like you aren't desperate and want to make some money. In the end, the investment decision is a personal one that should be tailored to your own goals and financial situation. However, it is also important to weigh the risks and conduct thorough research before making any significant investment decisions.

HODLing Bitcoin for years is a long-term strategy that can have mixed results. The Bitcoin value can experience significant fluctuations over a period of time. Moreover, the crypto market has a high level of volatility, and prices can change drastically in a short time. The right investment choice depends on a deep understanding of the market, good research and following the principle of risk diversification.

Yes, that's right. If your suggestion leads to deciding to hold Bitcoin in the long term and we must be prepared for price fluctuations and have a good understanding of the market. Risk must also be managed by diversifying investments. And what needs to be remembered always is that the cryptocurrency market can be very volatile, with prices that can change as quickly and significantly as you mean.

speaking are boost up to this would be usually be talking about price or its increasing value overtime on which this would be the main reason on why people would really be tending to dive or engage into because they've seen that earning opportunity which is something that do mainly we do focus on. Of course there would really be some initial doubts whether we've been able to see it online or have been introduced by other people on which it wouldnt really be that shocking that people would be that skeptical but on the time that they had learnt up enough and this are sure surrender them

[TravelMug]

It seems that you have experienced a change in your views and feelings regarding Bitcoin and your investment strategy. Despite these changes, it is important to remain calm and objective in making financial decisions. Your decision to buy Bitcoin at some point or use a buy-and-pump strategy is a personal choice. However, it is important to remember that the crypto market does not always move according to expectations or desired scenarios. No one can predict price movements with certainty.

I don't think though that you think of bitcoin as a pump and dump coin. Maybe there is some manipulation behind, but we don't have the facts because it is being traded 24x7.

Nevertheless, I do agree that it's our personal choice, what I mean we can buy how much we want, and when is the right time for us to buy. It's hard to predict, but if we are looking for long term, then bull run is just about in the corner as the bitcoin halving is less than a year from now. So just continue to buy and HODL and then wait for the perfect to unload your bitcoin and make a huge profits.

[CageMabok]

It seems that you have experienced a change in your views and feelings regarding Bitcoin and your investment strategy. Despite these changes, it is important to remain calm and objective in making financial decisions. Your decision to buy Bitcoin at some point or use a buy-and-pump strategy is a personal choice. However, it is important to remember that the crypto market does not always move according to expectations or desired scenarios. No one can predict price movements with certainty.

Because no one can predict the price movement of Bitcoin with certainty, that's why everyone needs special monitoring into the market. Whether it's when you want to make a purchase or when you want to sell it so you don't experience a loss because every decision must be considered as wisely as possible so that there is an even greater boost of trust in Bitcoin. The reason for the fact that some people become bored in investing or trading is because they don't get profits and often experience losses on what they have bought before.

[$crypto$]

Nevertheless, I do agree that it's our personal choice, what I mean we can buy how much we want, and when is the right time for us to buy. It's hard to predict, but if we are looking for long term, then bull run is just about in the corner as the bitcoin halving is less than a year from now. So just continue to buy and HODL and then wait for the perfect to unload your bitcoin and make a huge profits.

That's the right reason why we have to buy bitcoin then HODL because bitcoin will at least reach the ATH peak again in the future, for me it's too difficult to predict the price deeply because we will never know when the lowest will be even though it is now in the $26K range maybe it will drop to $20K?
It's still very difficult for us to know, so if it becomes a long term HODL goal then buy continuously when you are ready with the calculated money because we will regret it if the market moves upwards.
It will never fail someone HODL bitcoin for a long time he will definitely set the highest point to get profit.

[newdevices]

We really can't do a hold carelessly, without paying attention to the market situation, and without paying attention to the chart,
of course Hold will be dangerous, if you don't pay attention to these points you will become a victim like investors or holders from FTT, LUNA or CEL,
this is why it's important Technical analysis.

[Questat]

We really can't do a hold carelessly, without paying attention to the market situation, and without paying attention to the chart,
of course Hold will be dangerous, if you don't pay attention to these points you will become a victim like investors or holders from FTT, LUNA or CEL,
this is why it's important Technical analysis.

It is for sure we are not talking about investing and holding shitcoins but we are talking about holding potential coins like BTC. Even if you are not checking on the chart, no TAs, etc, it is definitely you can never feel worries holding them because we believe that Bitcoin will rise, unlike these shitcoins. And we can't compare FTX and LUNA to Bitcoin as they are absolutely nothing to compare with in terms of usability and the community that supports Bitcoin. Because if you think holding is dangerous, then you also say that investing is nothing as it was meant for holding long-term or short-term.