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Author Topic: Just hodl, bitcoin will do the silencing.  (Read 646 times)
Barikui1
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March 03, 2024, 04:52:11 AM
 #61

To me the negativity and bad vibes haters channels to Bitcoin doesn't surprise me that much, because I believe that in this life, if you are destined for greatness, there would be so many people wanting to fight you for no just cause, and I also sees it as an advertising they are ignorantly doing for Bitcoin, because the more they fight Bitcoin and discredit it, the more popularity it gains, and the ability for Bitcoin to always rally back is one of it unique futures that I find really attractive the most, cheers to all Bitcoineer.

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March 03, 2024, 05:08:07 AM
 #62

This is because of their consistency to keep buying when prices get cheaper.
...
The power of HODL in investment combined with DCA will have a tremendous effect.

Well, the DCA includes holding. It would not make sense to buy at regular intervals only to sell after a short time.

As I have said in other threads, DCA only makes sense with premium assets, such as Bitcoin. In this case Bukele has been confident from the start that Bitcoin is such an asset and that time was going to put the price in place. The (unrealized) profits of now are a simple result of that.


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March 03, 2024, 08:08:54 AM
 #63

Anyone coming into Bitcoin without making up his mind to hodl Bitcoin may not fully realize the potential in Bitcoin. We have seen the importance of hodling just from last year to this time as Bitcoin have shown the potential at yielding profits once again. From the low of 2023 to the present point we are now, those who bought and held till now should be swimming in good profits. The example of El Salvador you gave where the country's Bitcoin portfolio is in 40% profits is a good case of the beauty of hodling. Developing the mindset of a hodler and subduing the negativities is one skill all Bitcoin investors must cultivate. Kudos to Bukele and the people of El Salvador for being worthy ambassadors of Bitcoin.

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March 03, 2024, 08:46:20 AM
 #64

To me the negativity and bad vibes haters channels to Bitcoin doesn't surprise me that much, because I believe that in this life, if you are destined for greatness, there would be so many people wanting to fight you for no just cause, and I also sees it as an advertising they are ignorantly doing for Bitcoin, because the more they fight Bitcoin and discredit it, the more popularity it gains, and the ability for Bitcoin to always rally back is one of it unique futures that I find really attractive the most, cheers to all Bitcoineer.
Since the existence of bitcoin, their have been so much talk about bitcoin that it is not going far, it will crash along the line. But with all the hate speech about bitcoin still it is going far and still getting more recognition. It is so interesting that bitcoiners we understand bitcoin well and haters thinks their bad talks about bitcoin will make investors to quit investing in bitcoin.  Bitcoin is a good investment and holders will keep hodling Bitcoin.

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March 03, 2024, 06:07:55 PM
 #65

El Salvador and Bukele's story is new, and Bitcoin has done this way before with press, media, and influencers when Bitcoin started growing in its initial days and they all started calling it names such as a criminal currency, a bubble, and whatnot, however, they were all proved wrong when Bitcoin didn't burst as they were expecting and saying, and they were all ashamed of their claims and regretted what they did instead of adopting Bitcoin earlier.
So this is not the first time when Bitcoin has silenced the critics and it has been doing that from the beginning and definitely, those who keep patience and hold their assets won't regret it in the long run.

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March 03, 2024, 07:45:14 PM
 #66

I think all bitcoin investors needs to take a leaf and learn from Bukele's firmness and resolve to HODLing even under strong press, criticism from the so-called experts.  Today everyone is praising him for for holding firm.
Remember this; bitcoin will always silent the critics, our role is to just hold patiently strong.
I think everyone knows that bitcoin always has a moment where the price will go up, learning not only from Bukela but from looking at the history of the cycle of how it happened and this will certainly continue to repeat itself today.

HODL is the best way to make a profit and silence those who criticize us for investing in bitcoin, but I know in the end those who criticize it will be silent and regret why not put their money in bitcoin.

All obstacles in HODL bitcoin are not easy, you will be presented with a lot of negative news when the price drops, but when you are strong and patient in dealing with it all especially having experience then of course it will be better to stay afloat.

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March 03, 2024, 10:18:57 PM
 #67

Anyone coming into Bitcoin without making up his mind to hodl Bitcoin may not fully realize the potential in Bitcoin. We have seen the importance of hodling just from last year to this time as Bitcoin have shown the potential at yielding profits once again. From the low of 2023 to the present point we are now, those who bought and held till now should be swimming in good profits. The example of El Salvador you gave where the country's Bitcoin portfolio is in 40% profits is a good case of the beauty of hodling. Developing the mindset of a hodler and subduing the negativities is one skill all Bitcoin investors must cultivate. Kudos to Bukele and the people of El Salvador for being worthy ambassadors of Bitcoin.

They are the true embassador of Bitcoin indeed, and they as a nation holding and co-existing with Bitcoin is also proof to others that this feat is actually possible. Bitcoin itself now is used mainly because of its ability to be utilized as an investment means so anyone without the intention of holding their coins is probably just doing himself because he will be filled with regrets when others are actually enjoying the fruits of their labour.

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March 03, 2024, 10:43:01 PM
 #68

Well, the DCA includes holding. It would not make sense to buy at regular intervals only to sell after a short time.

As I have said in other threads, DCA only makes sense with premium assets, such as Bitcoin. In this case Bukele has been confident from the start that Bitcoin is such an asset and that time was going to put the price in place. The (unrealized) profits of now are a simple result of that.


yups, DCA will only work effectively for the long term, but utilizing DCA for the short term is also a trick that can be applied.
Like scalping trading with the stacking method combined with DCA, I often do it for short-term trading so that purchases gradually + increase the number of purchases from previous purchases.

DCA with premium sets such as Bitcoin or ETH is dedicated to the long term, but it does not always have to be applied to one condition only.
Bukele is a real example of DCA actually, applying it for the long term and continuing to buy gradually, making it have more profit and the average purchase price will be better.

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March 03, 2024, 11:18:55 PM
 #69

I think all bitcoin investors needs to take a leaf and learn from Bukele's firmness and resolve to HODLing even under strong press, criticism from the so-called experts.  Today everyone is praising him for for holding firm.
Remember this; bitcoin will always silent the critics, our role is to just hold patiently strong.
I think everyone knows that bitcoin always has a moment where the price will go up, learning not only from Bukela but from looking at the history of the cycle of how it happened and this will certainly continue to repeat itself today.

HODL is the best way to make a profit and silence those who criticize us for investing in bitcoin, but I know in the end those who criticize it will be silent and regret why not put their money in bitcoin.

All obstacles in HODL bitcoin are not easy, you will be presented with a lot of negative news when the price drops, but when you are strong and patient in dealing with it all especially having experience then of course it will be better to stay afloat.

The roller coaster ride and the volatility factor are actually the major factors why a lot of people are into this market. However, they are also the reason why a lot of people are in panic mode once they are seeing the price is going down. But if you are seriously here in this market, you will learn the ropes and understand how you can take advantage of the market.

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March 03, 2024, 11:21:08 PM
 #70

To me the negativity and bad vibes haters channels to Bitcoin doesn't surprise me that much, because I believe that in this life, if you are destined for greatness, there would be so many people wanting to fight you for no just cause, and I also sees it as an advertising they are ignorantly doing for Bitcoin, because the more they fight Bitcoin and discredit it, the more popularity it gains, and the ability for Bitcoin to always rally back is one of it unique futures that I find really attractive the most, cheers to all Bitcoineer.
It is no longer affecting us that we've been here for so long. All of those negativities and FUD that we've heard before, compile them all and we're no longer affected.

The point is that, many newbies that have invested recently to Bitcoin. Upon hearing some bad news and FUD, they're already in panic but they're in the process so that's a normal thing to understand from them.

When they don't experience that, they're not going to grow so while having these will totally disappoint them. They just have to enjoy and trust the process.

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March 04, 2024, 04:37:19 AM
 #71

I think all bitcoin investors needs to take a leaf and learn from Bukele's firmness and resolve to HODLing even under strong press, criticism from the so-called experts.  Today everyone is praising him for for holding firm.
Remember this; bitcoin will always silent the critics, our role is to just hold patiently strong.
I think everyone knows that bitcoin always has a moment where the price will go up, learning not only from Bukela but from looking at the history of the cycle of how it happened and this will certainly continue to repeat itself today.

HODL is the best way to make a profit and silence those who criticize us for investing in bitcoin, but I know in the end those who criticize it will be silent and regret why not put their money in bitcoin.

All obstacles in HODL bitcoin are not easy, you will be presented with a lot of negative news when the price drops, but when you are strong and patient in dealing with it all especially having experience then of course it will be better to stay afloat.

The roller coaster ride and the volatility factor are actually the major factors why a lot of people are into this market. However, they are also the reason why a lot of people are in panic mode once they are seeing the price is going down. But if you are seriously here in this market, you will learn the ropes and understand how you can take advantage of the market.
That's why we need knowledge about Bitcoin, because high volatility can benefit us or vice versa. remember that whoever can take advantage of the moment will be the winner, and of course managing psychology is not easy, considering that there will be many obstacles that must be faced, this happens not only during the bearish season, but also during the bullish season, which is our greed tested

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March 04, 2024, 05:02:18 AM
 #72

Completely well spoken @op, I also saw that tweet of the El Salvador president, I think some time last week, and indeed, it was appetizing and very encouraging, previous Binance CEO in the person of CZ, said it all when he made it clear in one of his tweets that "you can't and won't get rich if you can't hold".

Many people prefer to trade, that is, buying and selling, this I personally have done in the past, and from my personal experience, I've learnt that buying and holding is much more better, I remember a time I bought and sold some coins in their thousands for small profit, but when some of those coins rose in their prices, I could no longer buy the same coins in their thousands because my money was not enough.

So, our experiences and the experiences of many others should serve as a lesson to us and to people out there that, buying when the price is down, and holding all through the bear market, in anticipation of the bull market which will always come, is indeed the most genuine way to make good money in bitcoin and crypto currency at large.

Hold is Gold.

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March 04, 2024, 05:26:30 AM
 #73

This is very true, because a few years ago... MANY of my friends had negative things to say about Bitcoin ... when the price dropped significantly.

I had to hear that Bitcoin was just a Ponzi scheme and that it will collapse soon, but Bitcoin once again proved them wrong.

Thank you to all my fellow hodlers... it is amazing to celebrate with you.

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March 04, 2024, 08:35:15 AM
 #74

El Salvador and Bukele's story is new, and Bitcoin has done this way before with press, media, and influencers when Bitcoin started growing in its initial days and they all started calling it names such as a criminal currency, a bubble, and whatnot, however, they were all proved wrong when Bitcoin didn't burst as they were expecting and saying, and they were all ashamed of their claims and regretted what they did instead of adopting Bitcoin earlier.
So this is not the first time when Bitcoin has silenced the critics and it has been doing that from the beginning and definitely, those who keep patience and hold their assets won't regret it in the long run.
But have you ever thought that the people who always speak ill of bitcoin are the ones who secretly buy the most bitcoin? I've been thinking about this, I think they know the potential of bitcoin and they don't want everyone to own bitcoin except them. So, the best tactic is to spread negative news about bitcoin so that people stay away from it but still silently buy it regularly. That's why I never bother or try to argue with those who spread negative news about bitcoin. We really don't know what their real goals are, so try not to fall victim to them.

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March 06, 2024, 06:59:49 PM
 #75

This is very true, because a few years ago... MANY of my friends had negative things to say about Bitcoin ... when the price dropped significantly.

I had to hear that Bitcoin was just a Ponzi scheme and that it will collapse soon, but Bitcoin once again proved them wrong.

Thank you to all my fellow hodlers... it is amazing to celebrate with you.
Just this concluded bear market that bitcoin fall to the bottom of 15k many people said a lot concerning bitcoin that it has crashed, it won't rise in value again but today see where the value of bitcoin has gotten to . Whenever the  price of bitcoin falls to the bottom people always have what to say about bitcoin and if you are not careful and you listen it can make one to be discouraged,  expecially the beginner ls thst are not very used to bitcoin market.

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March 07, 2024, 01:48:14 AM
 #76

Sometimes back when bitcoin price was that low ($16k) a few investors if not many felt discouraged with a flinching desire to sell in fears that the price might keep getting low and addition to the lies and negative rumors from bitcoin haters about bitcoin falling further low even to zero, these lies made many bitcoin holders to hurriedly sell even at a lost.
These types of people deserve what's coming for them, the price dumps in bitcoin has been a thing ever since and the FUDsters have been selling the same "bitcoin is doomed" narrative every time bitcoin drops significantly in prices, and if you still fall for that kind of FUD, you almost always gets what's coming to you because there ain't no way that you'd never learn from listening to their narratives and doom prophecies the first time that you've heard about it. Whenever these types of people are popping up from time to time, that's the time that I'd know that I'd be getting my focus into getting more fiat because I know that a lot of gullible people are going to sell their bitcoins again thus lowering the prices even more, they're sort of my infinite money glitch because they make my fiat get more value when I buy bitcoin.
I think all bitcoin investors needs to take a leaf and learn from Bukele's firmness and resolve to HODLing even under strong press, criticism from the so-called experts.  Today everyone is praising him for for holding firm.
Remember this; bitcoin will always silent the critics, our role is to just hold patiently strong.
Don't need to take inspiration, just be smart and understand common sense that bitcoin is here to stay and that it's a volatile asset so it should never be a surprise to someone that it can dump it's prices in half.



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Rainbot
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March 07, 2024, 07:26:28 AM
 #77

This is very true, because a few years ago... MANY of my friends had negative things to say about Bitcoin ... when the price dropped significantly.

I had to hear that Bitcoin was just a Ponzi scheme and that it will collapse soon, but Bitcoin once again proved them wrong.

Thank you to all my fellow hodlers... it is amazing to celebrate with you.
Just this concluded bear market that bitcoin fall to the bottom of 15k many people said a lot concerning bitcoin that it has crashed, it won't rise in value again but today see where the value of bitcoin has gotten to . Whenever the  price of bitcoin falls to the bottom people always have what to say about bitcoin and if you are not careful and you listen it can make one to be discouraged,  expecially the beginner ls thst are not very used to bitcoin market.
Their are people who still think in such manner but that should not limit our purchasing mindset. We know for sure no matter the DIP which Bitcoin market experience their is always a bounce, instead we take advantage of every DIP to accumulate more.

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March 07, 2024, 07:52:44 AM
 #78

Today I read about the news of El Salvador bitcoin hodling investment yielding about 40% profit and i had to imagine that 40% in figures in contrast to the amount of dollars El Salvador hold in BTC. But nevertheless, this is not the main issue I wish to focus on in this thread, I just want to divert a little.

Sometimes back when bitcoin price was that low ($16k) a few investors if not many felt discouraged with a flinching desire to sell in fears that the price might keep getting low and addition to the lies and negative rumors from bitcoin haters about bitcoin falling further low even to zero, these lies made many bitcoin holders to hurriedly sell even at a lost.

Quote
When #Bitcoin’s market price was low, they wrote literally thousands of articles about our supposed losses.

Now that #Bitcoin’s market price is way up, if we were to sell, we would make a profit of over 40% (just from the market purchases), and our main source of BTC is now our citizenship program.

We won’t sell, or course; at the end 1 BTC = 1 BTC (this was true when the market price was low and it’s true now); but it’s very telling that the authors of those hit pieces, the “analysts”, the “experts”, the “journalists”, are totally silent now
source1
source2
El Salvador President, Bukele was exempted, critics made a lot of noise in the media with many articles about El Salvador's bitcoin investment heading to a loss but the Salvadoran President didn't deter in his resolute not to sell but resolved to keep holding not listening to all the critics. Today El Salvador is 40% in profit  in their bitcoin investment as bitcoin price keeps rising, 40% when the halving has yet occured, and the next ATH not yet hit, how much more when it all does.

I think all bitcoin investors needs to take a leaf and learn from Bukele's firmness and resolve to HODLing even under strong press, criticism from the so-called experts.  Today everyone is praising him for for holding firm.
Remember this; bitcoin will always silent the critics, our role is to just hold patiently strong.
It actually happens in all cases that if something is started first many people criticize it. As we have seen from El Salvador, when the El Salvador government bought and invested in Bitcoin, Nayib Bukele was criticized by many people, but the El Salvador government ignored the criticism of those critics and increased the Bitcoin investment. Today El Salvador is profiting more than 40% from every bitcoin All those critics who had negative criticism about him today started positive criticism about him. So it's better to go your own way without paying attention to who criticized what before you start, when you succeed, everyone will criticize you positively.

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