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Author Topic: Are you tired of waiting for the jump? Pls Hodl  (Read 566 times)
Dr.Bitcoin_Strange
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June 18, 2023, 07:40:32 PM
 #81

It's my first crypto dump. But I'm calm down myself by thinking about past criseses


Yeah, that's exactly the right thing to do. If you seem pressured by the volatility, just remember that Bitcoin has two seasons, which are the bear and the bull seasons. This is not the first bear market in the history of Bitcoin, despite the fact that it's your first experience with a bear market. Perhaps Bitcoin's halving is just next year, which means a bull market is coming.

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June 18, 2023, 07:58:11 PM
 #82

During the early stages of Bitcoin's existence, it was quite understandable that many people couldn't fully believe in Bitcoin. Apart from not being widely known, Bitcoin, when it was still a baby, always raised questions for everyone. Those who owned Bitcoin wondered, "How could such an asset possibly become so valuable?" It was only natural for many people not to take it too seriously.

Until now, those who didn't have high expectations for Bitcoin in the past but held onto their Bitcoin are fortunate. On the other hand, those who were overly calculating and afraid of potential losses, which were actually not significant, ended up with nothing today. Luck favored the right people—those who didn't let emotions and worries get in the way.
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June 18, 2023, 08:00:57 PM
 #83

Tom only had to wait for 6 years to meet the 2017 pump; a long time indeed! Isn't the wait worth it?

I show such examples to the people around me and remind them not to sell their bitcoins. I tell them not to give up and not to sell their bitcoins unless they have urgent needs. Because I don't want them to regret it later. I want them to watch the rise of bitcoin with me. Because I love the people around me and I want them to have bitcoin too. There are many tweets and good examples like this. We just need to be patient.

If you're waiting for something good in the end, it's definitely worth the wait.
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June 18, 2023, 08:57:46 PM
 #84

... Besides, I am one of the few BTC investors that always happy when it's bearish because it always presents a chance that may not happen again in the future.

You are not alone, I am one of them, I was not even happy when bitcoin went from 17k to 30k in the first few months of the year. That made me miss the opportunity to buy bitcoin under $20k, and to be honest, I prefer bearish bitcoin to bullish. Because I know that, once another bull market comes, buying cheap bitcoins will never return, I never wanted the bull market to go too soon.
Technically, that's why wonder why some people only choose to panic or complain about the market being bearish when the last bottom price won't the achieve again in the next 4years and I have to a conclusion that the Bitcoin that complains about the market dump in price lack the fundamental knowledge of BTC price and they are only into the market for the potential high returns the market presented.

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June 18, 2023, 09:26:29 PM
 #85

I have bee here for quite long years so now I understand how highly volatile the price of bitcoin is. And if you insist selling at a low price, even lower than the price you bought, it will always be a sign of loss. So the best way is to understand that bitcoin will have it own time to rise its price, and hodling it until it’s price become bullish is the best key to be in profits.

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June 18, 2023, 09:30:03 PM
 #86

Tom only had to wait for 6 years to meet the 2017 pump; a long time indeed! Isn't the wait worth it?

I show such examples to the people around me and remind them not to sell their bitcoins. I tell them not to give up and not to sell their bitcoins unless they have urgent needs. Because I don't want them to regret it later. I want them to watch the rise of bitcoin with me. Because I love the people around me and I want them to have bitcoin too. There are many tweets and good examples like this. We just need to be patient.

If you're waiting for something good in the end, it's definitely worth the wait.
Those who have faith and hope will remain calm and not be affected by the FUDs and market corrections but for those who have doubts, surely they are planning or dump already their coins. Because no matter how hard to educate people and encourage them to hold if their mind is already negative, maybe they will listen but still sell their coin when it gets worse. But I won't be surprised, this really happens in the crypto space knowing that not all are real investors, some are weak.

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June 18, 2023, 10:23:33 PM
 #87

Yes, we all missed the rapid growth of cryptocurrencies. But in a long position, I see no reason to buy coins now. The fall continues and I advise you to trade now
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June 18, 2023, 10:43:16 PM
 #88

Yes, we all missed the rapid growth of cryptocurrencies. But in a long position, I see no reason to buy coins now. The fall continues and I advise you to trade now

You're wrong my friend. The Bitcoin still has the potential of growth and it will grow by a huge margin in coming 1-2 years. How could you say that buying Bitcoin in current market isn't profitable? If you know the market then you would never say that because there is going to be another boom in the market, and with that the price of Bitcoin will cross $30k in value.

Despite a lot of pressure from Sec and other regulatory authorities the price of Bitcoin has consistently been above $24.8K, and anyone who knows the crypto-market has already got the signal that Bitcoin can move upwards without any problem. The traders will always do trading because they are earning profits from the skill, but the long term holders also have the chance to accumulate many Bitcoins in current market which is a good investment for them.

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June 18, 2023, 11:24:29 PM
 #89

Tom only had to wait for 6 years to meet the 2017 pump; a long time indeed! Isn't the wait worth it?

I show such examples to the people around me and remind them not to sell their bitcoins. I tell them not to give up and not to sell their bitcoins unless they have urgent needs. Because I don't want them to regret it later. I want them to watch the rise of bitcoin with me. Because I love the people around me and I want them to have bitcoin too. There are many tweets and good examples like this. We just need to be patient.

If you're waiting for something good in the end, it's definitely worth the wait.
Those who have faith and hope will remain calm and not be affected by the FUDs and market corrections but for those who have doubts, surely they are planning or dump already their coins. Because no matter how hard to educate people and encourage them to hold if their mind is already negative, maybe they will listen but still sell their coin when it gets worse. But I won't be surprised, this really happens in the crypto space knowing that not all are real investors, some are weak.
Its indeed a test of patience on which it would really be that normal that you would really be having those kind of doubts on the time that you do see that your portfolio isnt moving that much on which you would
really be having those second thoughts that this market might not really be that increasing anymore on which it would might result that you would really be having that sell on lose but for those people who do
have faith and trust when it comes into their investment then holding up for long and doesnt matter on how long it would take as long they are believing into something. If you get tired and bored then cutting losses?
You lose then to those who do just simply wait up then they are the ones who do make profit. If you do find yourself that emotionally impulsive or not really that much good when it comes to emotion handling then
better not to check and see up the market on active manner. This would really make you that having those kind of thoughts if you are really that actively watching up the market on how it moves.
You would really be having those fear and doubts when it do have that extreme correction.

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June 18, 2023, 11:32:53 PM
 #90

Yes, we all missed the rapid growth of cryptocurrencies. But in a long position, I see no reason to buy coins now. The fall continues and I advise you to trade now

You're wrong my friend. The Bitcoin still has the potential of growth and it will grow by a huge margin in coming 1-2 years. How could you say that buying Bitcoin in current market isn't profitable? If you know the market then you would never say that because there is going to be another boom in the market, and with that the price of Bitcoin will cross $30k in value.

Despite a lot of pressure from Sec and other regulatory authorities the price of Bitcoin has consistently been above $24.8K, and anyone who knows the crypto-market has already got the signal that Bitcoin can move upwards without any problem. The traders will always do trading because they are earning profits from the skill, but the long term holders also have the chance to accumulate many Bitcoins in current market which is a good investment for them.

also because of these thoughts of newbies, they think that bitcoin will no longer grow and be profitable. Then they go to shitcoins with the hope that they are underpriced and under the illusion that investing in shitcoins will bring them big returns.  but life is not like a dream, they will lose with shitcoin, and they will go back to bitcoin.  but then they will have to buy bitcoin at a higher price than it is now.

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June 18, 2023, 11:42:53 PM
 #91

To answer this question- nope. I am not tired at all from waiting due to the significance of its value in the market. Just like the trend that happened a few years ago with cryptocurrency, there will become a day where its price would suddenly skyrocket and everyone would benefit from that jump.

I am anticipating that in the year 2024, a massive price increase would happen during the fork. Following the past trends, every fork increases its price on the market significantly. In addition, that is the purpose of HODLing- you wait until its price increases on your initial investment and you reap the rewards on your investment!

Remember that there is no easy way to earn money and to profit from your investments. We are already blessed to have this cryptocurrency earn relatively faster compared to any kind of investment available in the market currently.

R


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June 18, 2023, 11:49:14 PM
 #92

To answer this question- nope. I am not tired at all from waiting due to the significance of its value in the market. Just like the trend that happened a few years ago with cryptocurrency, there will become a day where its price would suddenly skyrocket and everyone would benefit from that jump.

I am anticipating that in the year 2024, a massive price increase would happen during the fork. Following the past trends, every fork increases its price on the market significantly. In addition, that is the purpose of HODLing- you wait until its price increases on your initial investment and you reap the rewards on your investment!

Remember that there is no easy way to earn money and to profit from your investments. We are already blessed to have this cryptocurrency earn relatively faster compared to any kind of investment available in the market currently.
To people who've been years in this industryz waiting is not a big thing to do anymore. It would be better waiting than to lose profit in an instant. The market prices are volatile in nature making it hard to create an acxurate market prediction. You may for the right entry price but FOMO could take place sometimes. And if you happened to make an early entry, then you'd be left with no choice but to just hold no matter what. The market price has only two movements; either it goes up or down. If you have the patience, you won't lose for sure, just be prepared to hold for a long period of time. But right now, the market price is way too low from ATH which means any price points would be a good entry point BUT for long term holders.

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June 18, 2023, 11:51:59 PM
 #93

To answer this question- nope. I am not tired at all from waiting due to the significance of its value in the market. Just like the trend that happened a few years ago with cryptocurrency, there will become a day where its price would suddenly skyrocket and everyone would benefit from that jump.

I am anticipating that in the year 2024, a massive price increase would happen during the fork. Following the past trends, every fork increases its price on the market significantly. In addition, that is the purpose of HODLing- you wait until its price increases on your initial investment and you reap the rewards on your investment!

Remember that there is no easy way to earn money and to profit from your investments. We are already blessed to have this cryptocurrency earn relatively faster compared to any kind of investment available in the market currently.
To people who've been years in this industryz waiting is not a big thing to do anymore. It would be better waiting than to lose profit in an instant. The market prices are volatile in nature making it hard to create an acxurate market prediction. You may for the right entry price but FOMO could take place sometimes. And if you happened to make an early entry, then you'd be left with no choice but to just hold no matter what. The market price has only two movements; either it goes up or down. If you have the patience, you won't lose for sure, just be prepared to hold for a long period of time. But right now, the market price is way too low from ATH which means any price points would be a good entry point BUT for long term holders.

because for long timers, they have experienced the actual roller coaster ride in this market as they are holding their coins. it is different if you are just new in this market and looking at its history. so yeah, they won't get tired being in this market. most actually are grateful what bitcoin accomplished so far.
this is why they can attest that there's no right or wrong entry in this market because for sure, most already sold their satoshis long time ago. and now, they are trying to accumulate more because of what happened to this currency.

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June 19, 2023, 06:22:45 AM
 #94

During the early stages of Bitcoin's existence, it was quite understandable that many people couldn't fully believe in Bitcoin. Apart from not being widely known, Bitcoin, when it was still a baby, always raised questions for everyone. Those who owned Bitcoin wondered, "How could such an asset possibly become so valuable?" It was only natural for many people not to take it too seriously.

Until now, those who didn't have high expectations for Bitcoin in the past but held onto their Bitcoin are fortunate. On the other hand, those who were overly calculating and afraid of potential losses, which were actually not significant, ended up with nothing today. Luck favored the right people—those who didn't let emotions and worries get in the way.
Back then, Bitcoin was a mere experiment, a pet project for many that left them asking, "Could this digital asset genuinely have any value?" Its a classic case of underestimating disruptive technologies in their early phases.

The fortunate ones who held onto their Bitcoin despite the initial uncertainties have indeed seen substantial returns. They exemplify the principle of 'HODLing', a term coined in the Bitcoin community referring to 'Holding On for Dear Life' during volatile market conditions.

Unfortunately, those driven by fear and short-term thinking missed out on this unprecedented wealth creation. It's an important lesson for us all in the world of investing: sometimes, the biggest risk is not taking any risk at all. Especially when it comes to paradigm-shifting innovations like Bitcoin and cryptocurrencies.

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June 19, 2023, 06:41:18 AM
 #95

I can't be tired of holding since it requires nothing from me. I mean, I'm not scared because I know that I'm not gonna lose my money, and I'm not investing more than I can so I won't need that money unless something really critical happens.
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June 19, 2023, 06:57:22 AM
 #96

I have bee here for quite long years so now I understand how highly volatile the price of bitcoin is. And if you insist selling at a low price, even lower than the price you bought, it will always be a sign of loss. So the best way is to understand that bitcoin will have it own time to rise its price, and hodling it until it’s price become bullish is the best key to be in profits.
While Bitcoin prices going down or bearish, holding issue may seem somewhat negative but the importance of holding in a bullish market is well understood by investors. All the early holders of Bitcoin are now well established. There are also some holders who held Bitcoin during the last bull market because they are more confident about Bitcoin's potential. While a bearish market may affect the price of Bitcoin temporarily, it will definitely be the best asset for investors in the long run. At this point investors should just patiently hold Bitcoin and wait. Those who can hold Bitcoin in hard times are essentially a true holder of Bitcoin. They will be more benefited by the Bitcoin investment.

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June 19, 2023, 07:44:04 AM
 #97

Those who Hodl and Trade in this market will not end. If we all hodl we would have a very boring market. If you're not good enough in the market and you're new my advice to you is to just HODL. Keep it like this for a while but you have to be open to learning. You will learn to trade and you will be able to increase your earnings in this way. Of course you will not encounter a flat surface when trading and you must love the excitement.

If you are caught between HODLing and day trading, you should ask yourself these questions: Am i a good day trader and am i good at timing? Also is this a highly volatile cryptocurrency? If your answer to the first question is no and your answer to the second question is yes, you should HODL. As a result where you define yourself in the market will help you with hodl or day trading.


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June 19, 2023, 02:11:16 PM
 #98

Those who Hodl and Trade in this market will not end. If we all hodl we would have a very boring market. If you're not good enough in the market and you're new my advice to you is to just HODL. Keep it like this for a while but you have to be open to learning. You will learn to trade and you will be able to increase your earnings in this way. Of course you will not encounter a flat surface when trading and you must love the excitement.

If you are caught between HODLing and day trading, you should ask yourself these questions: Am i a good day trader and am i good at timing? Also is this a highly volatile cryptocurrency? If your answer to the first question is no and your answer to the second question is yes, you should HODL. As a result where you define yourself in the market will help you with hodl or day trading.


In fact, hold is also not always very simple, as many try to state it. Sometimes even during a hold there are too difficult times in the market when weak hands sell, no one is safe from this and not everyone reaches the finish line, despite the fact that in your picture, the holder's path is shown as a straight line.

Trading, of course, is an even more difficult task, and although there is an opportunity to earn more, you can also lose more along the way. I believe that hold can bring profit to almost every disciplined investor, since everything depends only on ourselves. We decide when to buy and when to sell, and it is our choice not to succumb to the manipulations that take place in the market, such as the recent lawsuits against the largest exchanges.
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June 20, 2023, 04:52:39 PM
 #99

I can't be tired of holding since it requires nothing from me. I mean, I'm not scared because I know that I'm not gonna lose my money, and I'm not investing more than I can so I won't need that money unless something really critical happens.
Holds are still a good option in bitcoin and fear depending on how well you understand investing and usually experience being directly involved in investing will give you an idea of how one might choose to hold. I think everyone needs money and it feels quite strange when we say we don't need money, it's just that maybe you have prepared the money you need to use it in a systematic and measurable way, so that routine expenditure needs are not combined with the same expenditure as investment and maybe you have made a special plot for both of them in measurable.

Holds should indeed be better for people who want to get big profits from investments, but the problem is that holds must also be accompanied by stable purchases so that both can be done simultaneously because we really want to get big profits from the investments we make.

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June 20, 2023, 06:29:14 PM
 #100

These are the events that have help us to understand that, Bitcoin is not a short time investment asset. If we really want to get the best result, we need to HODL for a long time. Long term gains are achieved from HODLing Bitcoin. It is a kind of investment that will only be profitable in the long run. Short term market volatility will only push towards the loss and even if you get profits, that won't be much. In bull market, you can get good profits, but in normal market, it is not that much. Also, HODLing BTC will give you financial freedom beyond traditional banking. That is no surprise, because we all know about it.
Short term gains could be achieved through trading, but that comes with many complications. So stress-free and with less risk, HODLing is the best option. Add DCA to that, you will get the best result.
History teaches us what to do. And with Bitcoin's current reputation, long term is the key for success in Bitcoin investment.
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