Know your time to HOLD

[Pejoh Asu]

I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

[Asuspawer09]

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.

For sure, knowing your timing is a big thing on cryptocurrency, but you gonna need to plan your investment what price are you aiming to sell and how are you going to hold your investment for the short term or for the long term? When the price of Bitcoin was around 15k$ after the bull run it quickly drop I immediately know that it is a good opportunity to buy that time so I bought a huge amount that time and now the market price is back to 30k$ which is a good thing meaning its an easy profit.

That just means that it's a good indication that you should have enough knowledge before starting to invest and you should know what you're doing at some point because knowing what you're doing means you could earn a profit and not just lose your money since you plan your entry and exit. At this moment I know that it's a good time to hold since I bought it at the bottom and planning to sell it for around 100k$ which is I think a fair price I could easily HODL even after that since there is a lot more room for profit.

[flyingcarpet]

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.

For sure, knowing your timing is a big thing on cryptocurrency, but you gonna need to plan your investment what price are you aiming to sell and how are you going to hold your investment for the short term or for the long term? When the price of Bitcoin was around 15k$ after the bull run it quickly drop I immediately know that it is a good opportunity to buy that time so I bought a huge amount that time and now the market price is back to 30k$ which is a good thing meaning its an easy profit.

That just means that it's a good indication that you should have enough knowledge before starting to invest and you should know what you're doing at some point because knowing what you're doing means you could earn a profit and not just lose your money since you plan your entry and exit. At this moment I know that it's a good time to hold since I bought it at the bottom and planning to sell it for around 100k$ which is I think a fair price I could easily HODL even after that since there is a lot more room for profit.

You bought at a very good price. This shows that you know the market. Waiting for the right time and buying from that point is an important issue. Patience is required to achieve this. Those who think about doing HODL usually do no harm. Bitcoin has never failed us in this regard.

Of course, there are instantaneous decreases, but when we look at our knowledge here and the previous movements of the market, we know that Bitcoin will rise again. This information did not occur immediately. It was the result of our time in the market. Of course, there are many things to be aware of in the market.

The most important thing is to act in a planned way as you said. The plan will bring us success.

[Fakhrulenclix]

I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

That's great when we choose long-term investing, but everyone has a different plan, and in my opinion the time to buy, hold or sell is a very important thing to learn because time will affect many things for us to be able to take profits or vice versa.
Being able to read charts is a difficult thing, but I'm just being realistic, before making an investment, I think there must be a profit target, so when the target is reached, we must let it go without being greedy, and when the target has not been reached, whatever happens, we must be able to withstand it.

[Sebas.tian]

Now that the price of Bitcoin reached $30,000 in this month of July, I think it will make you feel good to achieve something reasonable from your holding. But the way the market price is pumping in this month of July, show that $40,000 is possible before the end of this month. Understand time to hold and time to release Bitcoin is very important to Bitcoin holders, because once you know that the price has increased higher more than the amount you purchased your Bitcoin, showed that time to sell is around the corner. But many people doubt the time to sell their Bitcoin sometimes which is not good as a Bitcoin holders, and it will make you not to be comfortable with your satisfaction at the moment.

[Mario Yamasaki]

In my opinion, if we know when is the best time to hold or sell, then we can easily get big profits, like we know that the potential for a very large bitcoin price makes us new millionaires, but on the other hand, of course, it can make us cry, and the best advice is to buy. with an amount that can be considered lost.

[Joshapat]

The best time to hold is when a correction occurs, many people panic when they see red prices so they sell at a loss, of course this is a mistake because when a correction occurs the best thing is to hold or buy more. And now is the right time to buy more so we can get big profit when bull run happens.

[yohananaomi]

The best time to hold is when a correction occurs, many people panic when they see red prices so they sell at a loss, of course this is a mistake because when a correction occurs the best thing is to hold or buy more. And now is the right time to buy more so we can get big profit when bull run happens.

Many are afraid when the price drops from when they bought it, so it's no wonder many sell immediately with the aim of not experiencing even more losses. But actually, it's true, as you said, that if it's corrected, the price will go down, but that's the time to keep buying, collecting more, and holding it until the bull market arrives. because the opportunity to buy at a low price is not necessarily obtainable at any time, so don't panic and keep on buying, and then hold off even though it might take longer, but you can be sure that the situation will recover soon.

[DaNNy001]

I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

I don't know but I feel it's very hard to monitor the price trend since Bitcoin is very volatile although past observation has proven that the market always goes high after the halving and this has been known to happen every fours. But on still all this are still speculation but I will be skeptical and hope to see the uptrend come after this halving that's why stocking BTC would be the best plan for since the bull season is just along the corner.

[n0ne]

I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

I don't know but I feel it's very hard to monitor the price trend since Bitcoin is very volatile although past observation has proven that the market always goes high after the halving and this has been known to happen every fours. But on still all this are still speculation but I will be skeptical and hope to see the uptrend come after this halving that's why stocking BTC would be the best plan for since the bull season is just along the corner.

Based on the cyclic pattern of the market we're close to the days of halving and the same could bring better price in the days before or after halving. Hy this time the focus needs to be on holding bitcoin, apart from this time period we should always have a right time period to hold, which means atleast 3-5 years need to set. During this time period we may experience bounce or decline, and the close observation will let us make use of opportunities and increase the holding volume.

[Dr.Bitcoin_Strange]

I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

It's a bit certain that someone who invests in Bitcoin and holds it for a long time will make a profit; all that determines their level of profit is their ability to hold until a bull market. Although, for some people who keep Investing in Bitcoin every time, they can get a bit concerned about the trend as to when to buy more. Apart from that, someone who really keeps worrying about the trend and direction of the market might start having some panic selling, depending on whether the market is falling more than their invested capital. Also, if the market is also pumping, then they might quickly want to sell off, and after selling, the market can still keep pumping.

[DaNNy001]

I think the best thing for success and profit in bitcoin is to understand price trends, if we are used to investing in crypto for at least 4 years then we will understand price trends or charts that occur, as long as we can be patient then we can get profits, the main key is of course don't panic when you see price movements.

It's a bit certain that someone who invests in Bitcoin and holds it for a long time will make a profit; all that determines their level of profit is their ability to hold until a bull market. Although, for some people who keep Investing in Bitcoin every time, they can get a bit concerned about the trend as to when to buy more. Apart from that, someone who really keeps worrying about the trend and direction of the market might start having some panic selling, depending on whether the market is falling more than their invested capital. Also, if the market is also pumping, then they might quickly want to sell off, and after selling, the market can still keep pumping.

This is typical example of a scared investor and maybe actually the money he used for the investment is still  playing in his head that's why he would want to watch the market on a constant basis. If an investment is constantly watch it bring nothing but tension and anxiety for the investor and this type of habit will probably make your investment all scattered because you will constantly sell for fear of dip and get confused on the time to buy again.

Letting your investment go for the market to decide it's faith is probably best and at least the best you can do is just to continue buying whether it pumps or dumps.

[palle11]

I don't know but I feel it's very hard to monitor the price trend since Bitcoin is very volatile although past observation has proven that the market always goes high after the halving and this has been known to happen every fours. But on still all this are still speculation but I will be skeptical and hope to see the uptrend come after this halving that's why stocking BTC would be the best plan for since the bull season is just along the corner.

It is not speculative that after the halving of bitcoin that the price will rise because this has been proven even at the last halving that the price rose to $64k and that also pushed other coins like dogecoin to an unbelievable ATH. The idea about halving means bitcoin reward for mining is reduced and that supposedly should make bitcoin more valuable and therefore increasing the demand which cause price to increase. So every halving, bitcoin is expected to beat a previous ATH.

[Fredomago]

I don't know but I feel it's very hard to monitor the price trend since Bitcoin is very volatile although past observation has proven that the market always goes high after the halving and this has been known to happen every fours. But on still all this are still speculation but I will be skeptical and hope to see the uptrend come after this halving that's why stocking BTC would be the best plan for since the bull season is just along the corner.

It is not speculative that after the halving of bitcoin that the price will rise because this has been proven even at the last halving that the price rose to $64k and that also pushed other coins like dogecoin to an unbelievable ATH. The idea about halving means bitcoin reward for mining is reduced and that supposedly should make bitcoin more valuable and therefore increasing the demand which cause price to increase. So every halving, bitcoin is expected to beat a previous ATH.

If basing with how the market behave during and after halving, we will be able to verify that kind of pump, and if the same thing will take place, another new time high may be expected, though it's not a guarantee, or it's not a recommendation but it's always best to continue doing your research, there are trace that you can use to follow the patterns and always have that trust in each decision making that you going decide, something that doable and need a lot of attention and dedications for better success.

[Mr.suevie]

I don't know but I feel it's very hard to monitor the price trend since Bitcoin is very volatile although past observation has proven that the market always goes high after the halving and this has been known to happen every fours. But on still all this are still speculation but I will be skeptical and hope to see the uptrend come after this halving that's why stocking BTC would be the best plan for since the bull season is just along the corner.

It is not speculative that after the halving of bitcoin that the price will rise because this has been proven even at the last halving that the price rose to $64k and that also pushed other coins like dogecoin to an unbelievable ATH. The idea about halving means bitcoin reward for mining is reduced and that supposedly should make bitcoin more valuable and therefore increasing the demand which cause price to increase. So every halving, bitcoin is expected to beat a previous ATH.

If basing with how the market behave during and after halving, we will be able to verify that kind of pump, and if the same thing will take place, another new time high may be expected, though it's not a guarantee, or it's not a recommendation but it's always best to continue doing your research, there are trace that you can use to follow the patterns and always have that trust in each decision making that you going decide, something that doable and need a lot of attention and dedications for better success.

Previous pattern of the market and price is what's making everyone anticipate an actually bull run after the halving and believe me no one wants to be left out this time around because we all, well I don't about you but am certainly to missing out on a slight possibility of bitcoin claiming to another ATH very soon and that's why I have been consistent with the only strategy I know could help me achieve this goal which is DCA.

[Davian144]

In my opinion, if we know when is the best time to hold or sell, then we can easily get big profits, like we know that the potential for a very large bitcoin price makes us new millionaires, but on the other hand, of course, it can make us cry, and the best advice is to buy. with an amount that can be considered lost.

The best time to hold Bitcoin is when the price tends to be cheap and also if someone has bought it at a high price so that he has to be able to hold it for a long time if he still doesn't have time to sell when the price increase occurs in Bitcoin. As for those who had bought it at a low price, of course they only paid attention to how much profit they could achieve when they resold it. And it won't be as difficult as those who have bought at high prices with the aim of returning the reduced capital along with getting profits from their past purchases.

The best time to hold is when a correction occurs, many people panic when they see red prices so they sell at a loss, of course this is a mistake because when a correction occurs the best thing is to hold or buy more. And now is the right time to buy more so we can get big profit when bull run happens.

I also agree more with what you said because apart from having to be able to withstand a correction period, everyone is highly recommended to buy more using other money in order to be able to achieve maximum profits when an increase occurs again. But what I see now are that there are still two conditions that make some people hold Bitcoin assets, the first is because they still experience losses when they sell it now so they prefer to hold it. Meanwhile, some people are looking for greater profits after buying at low prices earlier this year.

[CarnagexD]

The best time to hold is when a correction occurs, many people panic when they see red prices so they sell at a loss, of course this is a mistake because when a correction occurs the best thing is to hold or buy more. And now is the right time to buy more so we can get big profit when bull run happens.

Exactly. Correction phase is what you also called the retracement during an up move. Of course, not all the time btc is expanding higher. In order for the whales and other participants to buy again for a lower price, a correction occurs. That retracement serves as a second level for accumulation of more positions going higher. So if you know that it is going higher, then price going lower in a near term perspective is a signal for a good buying opportunity.

[famososMuertos]

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.

 

If you go to hodl, it is not convenient to wait for it to drop to a certain price, even more so if you go long-term with that purchase.

In any case, if you buy at 30k or 25k, the price you mentioned, what is the percentage in the profit differential.

That percentage is the one that has to determine your final decision.

I  mention it in a general sense, as 25k isn't that far fetched, we just got off the 30k floor and how long did it hold that price, a few weeks, we've been in the 20k range, all of this year, except for April.

[Fredomago]

I don't know but I feel it's very hard to monitor the price trend since Bitcoin is very volatile although past observation has proven that the market always goes high after the halving and this has been known to happen every fours. But on still all this are still speculation but I will be skeptical and hope to see the uptrend come after this halving that's why stocking BTC would be the best plan for since the bull season is just along the corner.

It is not speculative that after the halving of bitcoin that the price will rise because this has been proven even at the last halving that the price rose to $64k and that also pushed other coins like dogecoin to an unbelievable ATH. The idea about halving means bitcoin reward for mining is reduced and that supposedly should make bitcoin more valuable and therefore increasing the demand which cause price to increase. So every halving, bitcoin is expected to beat a previous ATH.

If basing with how the market behave during and after halving, we will be able to verify that kind of pump, and if the same thing will take place, another new time high may be expected, though it's not a guarantee, or it's not a recommendation but it's always best to continue doing your research, there are trace that you can use to follow the patterns and always have that trust in each decision making that you going decide, something that doable and need a lot of attention and dedications for better success.

Previous pattern of the market and price is what's making everyone anticipate an actually bull run after the halving and believe me no one wants to be left out this time around because we all, well I don't about you but am certainly to missing out on a slight possibility of bitcoin claiming to another ATH very soon and that's why I have been consistent with the only strategy I know could help me achieve this goal which is DCA.

Nothing to argue same with how most if not all who believes that the chance of owning bitcoin while the value still low will generate decent benefits, it's more on how you trust your judgement and how much spare you are willing to risk while waiting for your desire profits, it's best to have that goals and setting your target value will help you to keep holding, either to buy more if you have decent spare reserve money or just keep with the plan with your investment and wait.

[AnonBitCoiner]

Agree with you, if the target is to buy bitcoin long term you shouldn't have to worry about the market price going up or down. Stay focused on the strategy by doing the DCA technique, you have to believe that 2024 is the year of accumulation, don't care about the price, how much funds you have, just keep doing DCA.

Because indeed the best way to invest in bitcoin now is DCA throughout 2023 and will reap the results in the fourth halving period in 2024, I myself do plan to HODL BTC until the 2024 halving period.

it is not possible to not care about price for instance if price is 40k$ and you buy bitcoin now suddenly the price goes down so you will be upset and lots of time is required to get that higher price again.

It can be possible that if you choose certain cost that at this cost you will buy whenever the market goes down and after 10 percent or 20 percent you will sell your asset to reap the benefit so it will be beneficial for your.

You should not be too calm to wait for more and more benefit because in such situations one gets deprives of the original profit too. Also don't be in too hurry as it can also be very dangerous for you therefore selection of certain percentage for selling and buying will help you to make accurate decision.