How bitcoin self custody will help reduce future bear market.

[davis196]

And for me, this action is going to bring about long-term stability and a minimal occurrence of a bear market most especially a market crash-like bear condition, because if a large number of Bitcoin holders move their Bitcoin into the cold wallet, it will reduce the over depends and trust issues that have to accompany exchange usage/ centralized non-custodial.

That's not true. The Bitcoin price is (and always will be) determined by the trading volume of all crypto exchanges(most of them are centralized). The amount of BTC stored in cold wallets doesn't play any role in determining the BTC price.
More coins into cold wallets means less trading volume and market liquidity in the Bitcoin market. Less trading volume means that it would be easier for the price to drop, when there's a drop in the demand for Bitcoins.
There's no way for the Bitcoin price to become stable. The limited supply plus unstable demand are what makes the price volatile. It doesn't matter if most people are holding their BTC in cold wallets or hot wallets.

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[Frankolala]

Bitcoin price movement has two segment which is the bear market and the bull market. If all bitcoin investors keep their coins in a self custody wallet,we will still have the bear maarket because bitcoin price is controlled by economy factor,political factor and liquidity of the market. There must some circumstances that will make the bear market to prevail.

The bear market gives bitcoin the chance to start a new circle again,and the benefit of the bear market is to invest in bitcoin by buying at lump,and for those that haven't invested in bitcoin, it is an opportunity for them to buy at a low price. it is during the bear market that investors stash up their bitcoin portfolio to prepare their journey for the bull run. it is also during the bear market that holders will learn to be strong in holding their bitcoin irrespective of the price of bitcoin. So lets not see the bear market as a barrier to bitcoin price but a blessing for investors,especially long term investors.

[stompix]

Knowing this reality that Bitcoin on its own can not easily slide into such a bear market, and all the Bitcoin bear markets have been influenced by the activities of those centralized exchanges and their shortcomings, their inability has been the cause of all the crisis rocking Bitcoin and the general cryptocurrency market stabilities.

Bitcoin on its own can't slide in a bear market because Bitcoin is a bunch of code!
It's the people trading it who decide if it's going to be stable, in a bear or a bull market, and if people decide so it will make like zero difference if the funds are on a Cex or in cold wallets.

Now, the painfully to admit part is that having fewer coins on cex will also trigger more volatility and more pump and dump manipulations which will harm way more the price than what a cex collpase would ever be able to do. If you end up with 10 000 coins on all exchanges it will turn out worse than some $1k marketcap shitcoin manipulation scheme.

Lol. I'm a lot more skeptical than you are about this. No matter how many scandals like FTX happen, most retail buyers of Bitcoin will continue to do it in centralized entities and many of them leaving them there, as they leave deposits in their bank.

Me too, I blame this so-called trend of moving coins out of exchange on the inability of those chain analysis companies to track the movement of coins and their cold wallets, we know from fillings for over five years that Coinbase holds some 1 million coins for its custodial service but I have not seen one of those companies pointing out the addresses where those funds are stored.
Thinking of this, nobody knows where Salvador coins are held either despite the whole world talking about it.

[lionheart78]

Knowing this reality that Bitcoin on its own can not easily slide into such a bear market, and all the Bitcoin bear markets have been influenced by the activities of those centralized exchanges and their shortcomings, their inability has been the cause of all the crisis rocking Bitcoin and the general cryptocurrency market stabilities.

Bitcoin on its own can't slide in a bear market because Bitcoin is a bunch of code!
It's the people trading it who decide if it's going to be stable, in a bear or a bull market, and if people decide so it will make like zero difference if the funds are on a Cex or in cold wallets.

Now, the painfully to admit part is that having fewer coins on cex will also trigger more volatility and more pump and dump manipulations which will harm way more the price than what a cex collpase would ever be able to do. If you end up with 10 000 coins on all exchanges it will turn out worse than some $1k marketcap shitcoin manipulation scheme.

There is always a Domino effect in trading that will balance its market.  I agree that fewer coins in exchange can trigger manipulation but the moment the price moves up, those who are holding Bitcoin looking for profit will start selling their holdings until the market price gets balanced.  This simply shows that moving funds out of the exchanges can't prevent a bear market because people have access to their coins and can easily sell their holdings any time they want to.

[Dr.Bitcoin_Strange]

Yeah, the crash of some centralized exchanges has prompted some people to always store their coins in a self-custodial wallet, which is the safest way to securely store their assets.

Well, even while some people stored their coins on the CEX, they were not trading them, which in any way did not contribute to how deep the bear market can go, so I don't think that if investors store their coins in cold storage, it will minimize or reduce the market crash. A bear market does not just depend on one factor, and that alone cannot be considered the only factor that can mostly play a part during a bear market.

[Ojima-ojo]

Yeah, the crash of some centralized exchanges has prompted some people to always store their coins in a self-custodial wallet, which is the safest way to securely store their assets.

The surge in the movement of coins from exchange into cold wallet came as a result of many loses associated with some of the exchange scams and hacks whcih have open people eye towards self custody and that is why there have been high percentage of such actions.


Investors are getting more aggressive in securing and protecting their investment and this will help rebuild the market i the short term and aslo reduce possible future crises that may come as a result of centralized exchange attacks.

[Ojima-ojo]

Yeah, the crash of some centralized exchanges has prompted some people to always store their coins in a self-custodial wallet, which is the safest way to securely store their assets.

Having your assets on a self custodian wallet is the best and most secured way to oritext your bitcoin holdings from thrid party manipulation and controls that can result into stolend of misused of your asset by the third parties just like in the xase with FTX and the rest of the other centralized exchange ls that have hard records of crisis like hack, exit scam and the rest.

Well, even while some people stored their coins on the CEX, they were not trading them, which in any way did not contribute to how deep the bear market can go, so I don't think that if investors store their coins in cold storage, it will minimize or reduce the market crash. A bear market does not just depend on one factor, and that alone cannot be considered the only factor that can mostly play a part during a bear market.

If not for the purpose of trading, what on earth will my coins be doing on exchange,  where i know I don't have control of the wallets, such an approach is what has led many to lose huge amounts of what the cases of incident happen.


The best thing to do is to get your coins off the exchange because that is the only way to securely protect yourself from all such crises in the future.

[Crypto Library]

The best thing to do is to get your coins off the exchange because that is the only way to securely protect yourself from all such crises in the future.

Now you have said a beautiful thing that the importance of decentralized wallet or non-custodial wallet is immense to keep our funds secure. It is true that such large centralized exchangers have done a lot to promote the cryptocurrency or Bitcoin, but here it must have worked for their own personal interests.
Moreover, I think one more thing is that if the number of adoption of bitcoin is increaBecause many times it is seen that such big projects or companies are to manipulate the market pricesed by a general amount rather than a large organization, then I think it will be best. And in this case it can be seen that most of the users do not know about its usage types due to the lack of knowledge about Bitcoin.

[tjtonmoy]

It's not the centralized platform, but the sentiments of people attached to the market. This is what cause the bear market. Also, when there's a bull market, when it's over we will see a bear market. Because when the price reaches its peak, many holders will eventually sell to take profit from their investment. The more people sell, the more the price will drop.

So I am finding it hard to make a connection between bear market and centralized platform. Those incidents could let people to have less faith and many will sell to keep the asset as it is and not take a big loss. Don't get me wrong. Self-custody is a great thing either you do it for bear market or for your own good. It is always advised to keep your assets to yourself. But I don't think if a person keeps their asset to themselves in a self-custody but is unable to hold their emotion, despite having the asset into self-custody they will sell it. That's creating lower price in the market and potentially lead to a bear market.

[Silver005]

Bitcoin Self-Custody and the Impact on Future Bear Markets
Bitcoin's price volatility has been a hot topic of discussion in recent years, with some experts citing self-custody as a potential solution to reducing the severity of future bear markets. The argument is that by removing custody from third-party service providers and giving individuals more control over their own assets, self-custody could help to stabilize the market and prevent the extreme price swings that have been seen in the past.
This argument has its critics, who argue that self-custody is not a realistic solution for the majority of investors and could actually lead..


Bitcoin Self-Custody: Could It Help Stabilize the Market?
The cryptocurrency market has been notoriously volatile, with prices soaring and crashing seemingly at the drop of a hat. Some experts believe that if more investors used self-custody solutions for their Bitcoin holdings, it could help to stabilize the market and reduce the severity of bear markets. This article will explore the idea of Bitcoin self-custody and how it could help improve market stability.
Self-custody refers to the practice of taking direct control of one's own cryptocurrency holdings, as opposed to leaving them in the custody of an exchange or other..

[Sarah Azhari]

Having your assets on a self custodian wallet is the best and most secured way to oritext your bitcoin holdings from thrid party manipulation and controls that can result into stolend of misused of your asset by the third parties just like in the xase with FTX and the rest of the other centralized exchange ls that have hard records of crisis like hack, exit scam and the rest.

besides avoiding the hack, saving your Bitcoin on self custody where you save in complicated storage, it will make you a bit reluctant to send it to exchange. I experienced with it when bitcoin price currently rise, but because my wallet storage is bit complicated to access, so I postponed to sell it until the price is really high, or back to ATH. Because, I am one of people who bit paranoid with online, and I have to make sure it's really safe when access my wallet to the PC. I only have 1 where all my work is done there, so that situation, I must to check it again my PC is clear from virus on malware when connect to my custody wallet.