Know your time to HOLD

[someone703]

Predicting specific prices in the cryptocurrency market can be challenging, as market movements are influenced by many different factors and can be volatile. Waiting for a specific price, such as $25K, may or may not materialize. Therefore, you should apply DCA to ensure your ability to reduce risk, avoid market effects, and adjust it to match the strategic plan you outlined earlier. Consider how far you can go; don't rely on a sense of urgency or despair that may not lead to the best results.

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[Dr.Bitcoin_Strange]

That's why most people's choice of investment has always been Bitcoin because it has a higher possibility of not completely liquidating your assets.

Mate, I can say that there are so many centralized crypto platforms, in the past, there were few DEX Altcoins. But, If you look carefully now, out of 100% of Altcoins Lounched every month, only 5 or even 1% may have a good intention to stay quiet for a long time, but the rest may just have some shady plans, and even if you take a look at all the current Altcoins projects that got listed this year, none are completely decentralized, and with that being said, I think they can do some little mess up and they will just disappear into the air and investors' funds are gone.

With those recent routines in the altcoins project, do you think there are even altcoins out there worthy of holding for the long term? You can really get any Therefore, anyone risking to invest in altcoins should always monitor the price prior to when it may get pumped in order not to miss out. So for Bitcoin which is completely decentralized, ofcuse people will want to invest into it.

[Ever-young]

That's why most people's choice of investment has always been Bitcoin because it has a higher possibility of not completely liquidating your assets.

Mate, I can say that there are so many centralized crypto platforms, in the past, there were few DEX Altcoins. But, If you look carefully now, out of 100% of Altcoins Lounched every month, only 5 or even 1% may have a good intention to stay quiet for a long time, but the rest may just have some shady plans, and even if you take a look at all the current Altcoins projects that got listed this year, none are completely decentralized, and with that being said, I think they can do some little mess up and they will just disappear into the air and investors' funds are gone.

With those recent routines in the altcoins project, do you think there are even altcoins out there worthy of holding for the long term? You can really get any Therefore, anyone risking to invest in altcoins should always monitor the price prior to when it may get pumped in order not to miss out. So for Bitcoin which is completely decentralized, ofcuse people will want to invest into it.

I still actually don't get your point in full, if you are opposing or supporting the above statement, because you both seems to be on the same page.

Altcoins investment is actually not safe for long term, unless you choose coins like eth, BNB, TRX, Ada, LTC which we still can't possibly see their future as well anything can actually happen and we won't know what their future can turn out to be.

[EarnOnVictor]

That's why most people's choice of investment has always been Bitcoin because it has a higher possibility of not completely liquidating your assets.

Mate, I can say that there are so many centralized crypto platforms, in the past, there were few DEX Altcoins. But, If you look carefully now, out of 100% of Altcoins Lounched every month, only 5 or even 1% may have a good intention to stay quiet for a long time, but the rest may just have some shady plans, and even if you take a look at all the current Altcoins projects that got listed this year, none are completely decentralized, and with that being said, I think they can do some little mess up and they will just disappear into the air and investors' funds are gone.

With those recent routines in the altcoins project, do you think there are even altcoins out there worthy of holding for the long term? You can really get any Therefore, anyone risking to invest in altcoins should always monitor the price prior to when it may get pumped in order not to miss out. So for Bitcoin which is completely decentralized, ofcuse people will want to invest into it.

I still actually don't get your point in full, if you are opposing or supporting the above statement, because you both seems to be on the same page.

Altcoins investment is actually not safe for long term, unless you choose coins like eth, BNB, TRX, Ada, LTC which we still can't possibly see their future as well anything can actually happen and we won't know what their future can turn out to be.

Bitcoin might be the pioneer but it's so certain that it will not be the last man standing when many alts would be less valuable in the future. And I love the alts you've called out, although many more than those would continue to exist as they have good prospects and mechanisms operating their network and they will always have their times of dump and pump, while the long-term keeping might emass wealth indeed.

In everything we do, a good plan on how to diversify our portfolio will always be a top agenda if we do not want to miss out. No one actually knows tomorrow, we are only speculating, so investing in Bitcoin and adding some alts to it might not be a bad idea.

[YUriy1991]

Predicting specific prices in the cryptocurrency market can be challenging, as market movements are influenced by many different factors and can be volatile. Waiting for a specific price, such as $25K, may or may not materialize. Therefore, you should apply DCA to ensure your ability to reduce risk, avoid market effects, and adjust it to match the strategic plan you outlined earlier. Consider how far you can go; don't rely on a sense of urgency or despair that may not lead to the best results.

True, one of the good options too if used. Today BTC still failed to move back above the Point of Control, indicating a lack of bullish momentum. sellers or individuals are still pessimistic in the market and the direction is towards a shift in market sentiment which leads to a bearish trend again and the strategic possibility is that it is better to wait at 24-25k to buy Bitcoin again.

[Davian144]

Predicting specific prices in the cryptocurrency market can be challenging, as market movements are influenced by many different factors and can be volatile. Waiting for a specific price, such as $25K, may or may not materialize. Therefore, you should apply DCA to ensure your ability to reduce risk, avoid market effects, and adjust it to match the strategic plan you outlined earlier. Consider how far you can go; don't rely on a sense of urgency or despair that may not lead to the best results.

As long as the implementation of DCA is safe enough for every buyer who still wants to continue buying in current market conditions, I think it's still a good thing to do because DCA occurs according to one's ability to buy. And I also agree more that this is done based on a strategic plan after having some more mature considerations and not because of an attitude of urgency which is completely unprofitable, moreover everyone needs to have more patience when expecting something in a market that is basically difficult to predict.

True, one of the good options too if used. Today BTC still failed to move back above the Point of Control, indicating a lack of bullish momentum. sellers or individuals are still pessimistic in the market and the direction is towards a shift in market sentiment which leads to a bearish trend again and the strategic possibility is that it is better to wait at 24-25k to buy Bitcoin again.

If you only want to buy at the price you say, I don't think it would be wrong if some people buy it at $26K because that price is not too high and also very close to $25K. But apart from all that, in terms of Bitcoin I'm still quite optimistic that Bitcoin will return to a price of $30K again this year even though from the current market conditions it is difficult to increase the price of Bitcoin, but price recovery is still very possible for Bitcoin in the next month if there is no selling panic that occurs at the end of this month.

[doomloop]

holding Bitcoin in 2023 is very frustrating for us because it is a dump and prices always fall,
but this is a good opportunity for those who have capital because HOLD for the long term is very good.

This is the truth, 2022-2023 have not really been a favourable year for most bitcoin holders who bought at the previous all high prices, but for those who have been waiting for the price to drop so that they can buy at a discount price.

So this is the best time to buy more bitcoin at a discount price but for those short-term investors who are waiting for the price to rise above its present price to sell are finding this year and time as the most discouraging year for them.

Those who bought Bitcoin above $30k before the bear market that we were in in 2022 are probably still waiting for the price to go across that range but it is not yet time for that. The current price is pretty good for those who bought in the bear market when the price hit $16k, but most buyers from that range are surely looking for a better price.

Bitcoin did pretty well at the beginning of 2023, and then it suddenly stopped appreciating and became stable and declining, bears were probably not done yet and they wanted some more accumulation before the bull market.

[Doan9269]

Predicting specific prices in the cryptocurrency market can be challenging, as market movements are influenced by many different factors and can be volatile. Waiting for a specific price, such as $25K, may or may not materialize. Therefore, you should apply DCA to ensure your ability to reduce risk, avoid market effects, and adjust it to match the strategic plan you outlined earlier. Consider how far you can go; don't rely on a sense of urgency or despair that may not lead to the best results.

Since holding a digital currency like bitcoin Which is volatile takes more caution involved while speculating on the price movement and other indications for this, one may not accurately predict the trend but can have an idea on where it's going to and he direction or pattern for it flow or move, almost everyone holding have a specific target tgat they will continue with their holding unless there's an indication for more bearish move whereby they will need to sell, which means once we are already on the dip, it's a good time to hodl because we will have same opportunity soon for the rise.

[lizarder]

Actually there is no need to regret when bitcoin doesn't touch the price we want, because of course we already know bitcoin price movements are unpredictable, in other words our predictions cannot be 100% correct. So from here we need to realize that we have to adopt a strategy that doesn't leave us behind, as you said, the DCA strategy can be a solution to that uncertainty. With DCA we can buy bitcoin at a price close to our predictions, even though it turns out that in the end the decline is more than what we expected we can continue buying with the money we have prepared.

Not always our expectations can go as we wish because we talk about price fluctuations and there is always uncertainty regarding the correct prediction of bitcoin price movements, but if you refer to the title of the post in OP "Know your time to HOLD" it will refer to how confident you are to hold bitcoin and should not have to worry about price expectations that do not match predictions. Talking about your trust is the one that will make decisions and bitcoin will never make us lose when the investment is carried out according to the right pattern.

DCA is one of the approaches that people can take to collect bitcoins, although sometimes it is not always at the purchase price we predict. But the essence of investing in fluctuating assets is not at what price you buy, but at what price you sell to make a profit. Take a number of patterns that we can follow and don't get your hopes up on predictive expectations, because bitcoin can be bought in conditions beyond predictions and we are HolDing enough to get the desired profit.

[Rasa nanas]

Predicting specific prices in the cryptocurrency market can be challenging, as market movements are influenced by many different factors and can be volatile. Waiting for a specific price, such as $25K, may or may not materialize. Therefore, you should apply DCA to ensure your ability to reduce risk, avoid market effects, and adjust it to match the strategic plan you outlined earlier. Consider how far you can go; don't rely on a sense of urgency or despair that may not lead to the best results.

if for long term investment there is no need to use such complicated theory, waiting for the price to drop to $25k is also risky because maybe the price will not drop to $25k and can make you lose the best momentum to buy. bitcoin has bottomed out around $17k and now the market is starting to recover and besides that we are also getting closer to the halving, I think after this we will see the price move slowly up.

[btc78]

Actually buying can be considered everytime because each day can be considered as good time to buy , but the problem is when we will be the selling.
and that is when the important matter comes , we can wait or not and that is your problem.

[Semar Mesem]

Yes, that's right, I think the most important thing as a bitcoin investor is to know when to hold, many people are too optimistic so they continue to hold even though they have a profit of 100% or more, I think the best thing when the price is skyrocketing is to sell because the price will go down and we have the opportunity to buy at a price cheap ones.

[sana54210]

Predicting specific prices in the cryptocurrency market can be challenging, as market movements are influenced by many different factors and can be volatile. Waiting for a specific price, such as $25K, may or may not materialize. Therefore, you should apply DCA to ensure your ability to reduce risk, avoid market effects, and adjust it to match the strategic plan you outlined earlier. Consider how far you can go; don't rely on a sense of urgency or despair that may not lead to the best results.

Since holding a digital currency like bitcoin Which is volatile takes more caution involved while speculating on the price movement and other indications for this, one may not accurately predict the trend but can have an idea on where it's going to and he direction or pattern for it flow or move, almost everyone holding have a specific target tgat they will continue with their holding unless there's an indication for more bearish move whereby they will need to sell, which means once we are already on the dip, it's a good time to hodl because we will have same opportunity soon for the rise.

I think picking the target is the hardest thing for most people. They all know how much richer they want to get, but they are not aware how big they could get and how much they could make, that would be the loveliest thing if we could make some profit based on knowing the direction and the prices but we do not know what. So when it goes up, we do not know how long we will hold and maybe it will stop going higher, so we may hold for too long.

Same for going down as well, maybe it will start recovering and will go higher, or maybe it will go down even more so we do not know what's going to happen. It's a funny thing that we end up with something that shouldn't be considered like this, just realize that it is going to end up with a much better result if we are more careful and ready for all directions.

[salad daging]

Actually buying can be considered everytime because each day can be considered as good time to buy , but the problem is when we will be the selling.
and that is when the important matter comes , we can wait or not and that is your problem.

Buying it is right when the price is down or when the market is bearish where the price is uncertain, I know buying at any time is good unless you plan to invest in the long term, for example 5 years and above, but many people always do research in buying bitcoin they are then the current that occurs when the price goes down.

Are you still wondering when to sell bitcoins? If you buy at $27K then the bitcoin price goes up to $50K isn't that an advantage? In bitcoin you just need to be patient to wait for the price to rise again even for the long term is the best advice where we have to stick to it, next year will be very much looked forward to because it is predicted that the price will return to ATH again.

[YUriy1991]

Everyone has the same determination to succeed in their endeavors, especially trading on the money market. There are also losses, of course, but not all. the dominant ones who have that feeling are those who invest in a pattern while getting in with a few BTC and exiting quickly. sometimes it works sometimes the estimated value can go down. For BTC, I don't have the slightest doubt that the investment return pattern must adopt a typical investor. new long term sweet fruit and will not disappear and time to HOLD.

[adzino]

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.

 

That's why people like you do need a solid "goal" when investing. If you have a goal, you wouldn't be needing to wait or hold your coins forever. If you think you reached your profit goal, then go ahead, take your profit and enjoy. After have taken your profit, if you think you are ready to reinvest, then go ahead and reinvest your money and make a new profit goal. Keep holding until you reach that goal. Remember, you are investing money that you don't need and can afford to lose. But as long as you keep holding and not sell anything, you aren't making any losses. Once you reach your goal again, reinvest or leave.

[tygeade]

I think picking the target is the hardest thing for most people. They all know how much richer they want to get, but they are not aware how big they could get and how much they could make, that would be the loveliest thing if we could make some profit based on knowing the direction and the prices but we do not know what. So when it goes up, we do not know how long we will hold and maybe it will stop going higher, so we may hold for too long.

Same for going down as well, maybe it will start recovering and will go higher, or maybe it will go down even more so we do not know what's going to happen. It's a funny thing that we end up with something that shouldn't be considered like this, just realize that it is going to end up with a much better result if we are more careful and ready for all directions.

Picking the target is easy if you know how to do TA, because it will tell you how much it should go up and how much it could go down, all of that is written there already, just check the charts. Doesn't mean that it will always be right, and depending on which indicator you use, it could end up being different here and there as well. So that is why it is a tough subject and definitely something to worry about as well.

Not many people could do well in this matter, some people are better than others trying to figure out what the peak of increases will be. But one thing is for certain, if the price goes up crazy, like when it went form under 10k to over 65k, that's a place nobody could predict and you just have to trust your instincts at that point.

[Oasisman]

Predicting specific prices in the cryptocurrency market can be challenging, as market movements are influenced by many different factors and can be volatile. Waiting for a specific price, such as $25K, may or may not materialize. Therefore, you should apply DCA to ensure your ability to reduce risk, avoid market effects, and adjust it to match the strategic plan you outlined earlier. Consider how far you can go; don't rely on a sense of urgency or despair that may not lead to the best results.

Your sense of urgency will only make sense if you see the price of bitcoin having a sharp decline and without any doubt you'll stack more fractions of bitcoin in your wallet. This is where the opportunity lies aside from DCAing, for you to maximize your future profit.  Sometimes, a person would never understand how important DCA method is because it needs thorough market monitoring in order to make a purchase during a decline, whereas buying at the bottom might sound easier, but it's actually impossible to find the bottom because nobody knows it.
IMO, there is really no risks in Bitcoin no matter in what price you have entered the market as long as you keep holding onto it and resist from selling to cover losses, then you are perfectly fine. bitcoin is bound to reach the 6 digit figure.

[Hamphser]

Predicting specific prices in the cryptocurrency market can be challenging, as market movements are influenced by many different factors and can be volatile. Waiting for a specific price, such as $25K, may or may not materialize. Therefore, you should apply DCA to ensure your ability to reduce risk, avoid market effects, and adjust it to match the strategic plan you outlined earlier. Consider how far you can go; don't rely on a sense of urgency or despair that may not lead to the best results.

Your sense of urgency will only make sense if you see the price of bitcoin having a sharp decline and without any doubt you'll stack more fractions of bitcoin in your wallet. This is where the opportunity lies aside from DCAing, for you to maximize your future profit.  Sometimes, a person would never understand how important DCA method is because it needs thorough market monitoring in order to make a purchase during a decline, whereas buying at the bottom might sound easier, but it's actually impossible to find the bottom because nobody knows it.
IMO, there is really no risks in Bitcoin no matter in what price you have entered the market as long as you keep holding onto it and resist from selling to cover losses, then you are perfectly fine. bitcoin is bound to reach the 6 digit figure.

This is on where you could really differentiate in between people who does have that actual experience and awareness on how this market moves or behaves compared into those person or people who does have

zero knowledge about it. Of course it would really be just that normal that there would really be that ups and down of this market on which it would really be just that way not too easy to deal with specially
when you are still that a noob but on the time on having that continuous dealing and engagement then you would really be making yourself gradually learn along the way. You would be able to realize
on whats the best time to buy and whats the best time to sell if you are really that going for short term but if you are really that going for long term then this wont really be
that an issue.

Holding or selling, these are both things on which you would really be thinking or minding on.Outcome and results would really differ into each other basing up on what situation
you had that been thinking on or on what you had taken.

[SirLancelot]

Many people make mistakes when investing in bitcoin, when they see the price drop they panic and sell, most people can't wait to hold it so when the price rises they regret it, or conversely many people are too optimistic that the price will continue to rise and what happens is the price drops, it's better if we have to set a target for profit so it doesn't take too long to hold.

Bitcoin is supposed to be the easiest coin here in crypto. I can't imagine if there are still people who can make mistakes with it. Maybe they are only just a newbie on here who still lacks in knowledge but if these newbies only complete their lessons before they invest, they will be aware that the drop in the price is only normal. They can panic but not in a way that they will sell their coins.

Instead, what they will do is they will buy more coins. Many people can rush in investing but when it comes to the hodling part, they can get bore easily. If this is the attitude they are showing, well they can't deserve to be rewarded by a huge income with bitcoin.