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Author Topic: Bitcoin proven many times holders won't regret  (Read 1344 times)
The Cryptovator (OP)
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March 01, 2024, 09:22:14 PM
 #1

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 

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March 01, 2024, 09:46:21 PM
 #2

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future.
I agree with that, bitcoin has redress many times and has proven its capacity to recover to any price whenever you feel that the market has moved against you as an investor or holder, all that is needed is the patience to wait for some time before you see that Bitcoin has recovered and achieved your desired price.
This is the reason why I always tell those who think that they have missed out on anything as regards to Bitcoin and are feeling that they are already late to join the Bitcoin holders fold, because, bitcoin will always have a way to reward everyone who endeavours to be patience and wait for long term base instead of giving up at current point if the price of Bitcoin may not be to the advantage.

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Orpichukwu
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March 01, 2024, 09:50:48 PM
 #3

The only set of people that are ever going to lose in this bitcoin game are those who sell when the time is not yet right. I mean, those who bought at a high price, but due to market conditions, out of fear, they sold out their holdings and ended up recording losses. 
 
No matter how much one ends up buying bitcoin, it's never going to lead to regrets. As long as the person in question bought the bitcoin with a small amount of his assets and can hold it for a very long period of time, they will eventually reap the fruit of their holdings. It's just a matter of time, which might seem to be taking forever, but with time they will gradually get to when they will take profit from their holdings.

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DaNNy001
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March 01, 2024, 09:54:45 PM
 #4

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 
Yeah that's true and this is what what actually clears it from the others because Bitcoin unlike the others always have the reputation to get back to the actual price it once was and even beating that price to set a new one everytime and this is why HODLERS for sure will never regret their actions of chosing to keep Bitcoin despite all the twist and turns it might have involved itself.

The bull season is here and many HODLers will definitely be smiling that's if you are holding Bitcoin in particular because like you said not all the coins recover so greatly like Bitcoin.

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March 01, 2024, 09:58:42 PM
 #5

Bitcoin will gain higher returns if you hold it for long term, simply because bitcoin is indeed for long term. However, hodling may not be as easy as others may imagined like you just want to invest and decide to hold it forever with no plans to sell. There are always inevitable temptations in the market and if you are weak, you will easily fall on the market’s trap and end up selling earlier.

Fears and doubts are common for hodlers most particularly for those who have never experienced risk management. This is the reason why one should study its investment first before trying to indulge in it. So that there will be no regretting in the process, and you just stick to your plan and goal which is to invest and hold and reap massive profits when the perfect time comes.

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bSpend
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March 01, 2024, 10:10:52 PM
 #6

I completely agree, Ive always emphasized on the fact that holding is stil way better, easier and more profitable than trading, the only sacrifice required in holding is...
1. Hold the right coin, which in this case is alway bitcoin.
2. Be patient and do not panic, no matter what happens or no matter how down the market will go, for the market will definitely test everyone's level of patience, will try to make us panic, so that we sale at loss and close our positions, but like it's often said that if we can't bear bitcoin -20% or more, then we do not deserve bitcoin's +200 and even more.

Hold is always gold as long as what we hold is bitcoin, for times and times again, bitcoin has proven we never can be wrong in choosing to hodl it.

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Sandra_hakeem
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March 01, 2024, 10:34:56 PM
Last edit: March 01, 2024, 10:59:41 PM by Sandra_hakeem
 #7

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future.
I don't know why I normally feel even more secure, matterless of the things I've seen on the web, social media platforms etc... maybe for the fact that some meniacs won't just wanna back down so they won't be called "cowards" for not piloting the FUD anymore?.. or what exactly? Cus I rarely see them taunting anyone that supports BTC this days.. and yes ofcourse, most of this maniacs are also HODLers ..shocking right?

"I was running through my cell phone few days ago and I got the update - a mail was sent and an attachment too - about the increase in price of BTC.. 61k is just enough to harvest as much interest as you can folks!!

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March 01, 2024, 10:54:39 PM
 #8

Bitcoin investment is the best to hold in the cryptocurrency market, because the price of Bitcoin keep appreciating from time to time, especially every four years of Bitcoin halving circle, there will be new all time high for Bitcoin, which is required patience to hold, for a long time investment profits return.
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March 01, 2024, 10:58:24 PM
 #9

The only set of people that are ever going to lose in this bitcoin game are those who sell when the time is not yet right. I mean, those who bought at a high price, but due to market conditions, out of fear, they sold out their holdings and ended up recording losses. 
 
No matter how much one ends up buying bitcoin, it's never going to lead to regrets. As long as the person in question bought the bitcoin with a small amount of his assets and can hold it for a very long period of time, they will eventually reap the fruit of their holdings. It's just a matter of time, which might seem to be taking forever, but with time they will gradually get to when they will take profit from their holdings.
The fact that you chose bitcoin over altcoins and shitcoins, that thought alone is not regrettable at all. Just  patiently hold your bitcoin and never be attracted to FUDs and FOMO in the market so you won’t end up losing your future profits. Bitcoin is for long term while altcoins are for short term, if you internalized this, you will never regretting hodling bitcoin. But set your target selling price of course so you won’t stay hodling for the rest of your life.

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sulendra12
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March 01, 2024, 11:04:33 PM
 #10

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 
If we are talking about holding Bitcoin for a long term then it's just a waiting game for most of us. Let's see who's holding patiently for longer time than other people, unless you need urgent money then it's different story. Stuff like sudden crash or price bubble is mostly happened really often and the reactions for some traders are really varies. If you know the nature of Bitcoin, then you should know what to do. Wait patiently until you reach your goal.

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March 01, 2024, 11:27:20 PM
 #11

Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 
You will find more people who invested in altcoins complaining about losses from hodling than any investor in Bitcoin who has been hodling his or her bitcoins. Due to the recovery rate of bitcoins even when the price and value of Bitcoin drops lower than the purchase price of the investor there is no need to panic because many times and again the volatility of Bitcoin has proven that bitcoin can recover and even get to values that hodlers may never expect. Bitcoin is reliable to hodl.

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March 01, 2024, 11:54:08 PM
 #12

Right. Bitcoin's like the OG survivor, bouncing back from crashes and teaching us some lessons. But not all altcoins are on the same recovery train. Diversifying your crypto stash could save you from a rollercoaster ride and the key takeaway is learn from Bitcoin's wild moves and stay savvy in the crypto game

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March 02, 2024, 12:10:02 AM
 #13

Right. Bitcoin's like the OG survivor, bouncing back from crashes and teaching us some lessons. But not all altcoins are on the same recovery train. Diversifying your crypto stash could save you from a rollercoaster ride and the key takeaway is learn from Bitcoin's wild moves and stay savvy in the crypto game

Facts! not all altcoins are able to keep up with the recovery like what is happening with bitcoin, the others completely lost their value and were just ignored that's why we can really say that bitcoin is the only really strong coin, for what else and it is called the mother of altcoins . The movement of the value of altcoins is also based on the value of bitcoin, so it should be led by bitcoin.

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March 02, 2024, 12:48:03 AM
 #14

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 
When I never understood the price movement and history of bitcoin, there is usually this fear I used to feel when price of bitcoin gets so low. I am sure some people following this discussion also felt that way at some point in their bitcoin journey. Little did I know that bitcoin always recovers irrespective of how low it goes. Well now I know better!

My approach and view of bitcoin have remarkably improved now because the anxiety in bar market no longer exist as I see same as a time to buy and hold because of the conviction that bitcoin will always recover. Adopting the DCA method helped a lot because it enabled me to by buying bitcoin with small proportion of my money regularly such that I do not feel any form of pressure to recover my investment.


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March 02, 2024, 01:25:10 AM
 #15

You're Very correct. This is why I've also asked those who wants to purchase and accumulate more of bitcoins but because of the appreciative rate of the bitcoin in the industry, they feared that they may buy on a higher price and still wouldn't make interest due to the close range to the bull run.
I've always asked them to ignore fears and go forth to buy at now and there would be every considerations to make profits hence we're still in halving and the bull run is yet to but still the current price of Bitcoin is like dominantly at its ATH while it is null.

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March 02, 2024, 02:06:24 AM
 #16

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 
You are right, Bitcoin is going to prove, if one has invested the highest value in a bull market. If he patiently holds for a long time, he will surely profit. We will see the real proof of that soon. Those who believe in Bitcoin try to invest at any moment. Investors don't regret, at the end of the day it's those who don't invest who regret. However, currently Bitcoin is around $62k, those who haven't invested should invest.

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March 02, 2024, 02:24:14 AM
 #17

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful. I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet. Even those who bought Bitcoin at the top in the last bull run, I believe they are almost recovered. If they are still holding, they will be in profit within a couple of months. Bitcoin has given us a costly lesson that holders won't regret. We should take that lesson and keep it in mind for the future. 
And I will also make an answer for Bitcoin only. And what you say is true because the traces are like that, and it applies to those who are experienced or who assess or read Bitcoin's movements well, that after a decline, Bitcoin always recovers. And the key is to be patient and calm in waiting for this moment, even though it will take a long time for your capital to return and you will not lose money when selling when prices fall due to panic.
And even Bitcoin will not only recover but will surpass the highest price of the previous purchase price if you are more patient, and create good even big profits.

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March 02, 2024, 02:25:08 AM
 #18

Hodlers will always be rewarded in the end. But it isn't easy to develop diamond hands, precisely the kind of hands that hodlers need. If somebody bought Bitcoin at $65,000 in 2021, he/she needed no less than strong conviction, perseverance, deep understanding of Bitcoin, belief in it, and so on and so forth to be able to keep hodling through the years and in the face of extreme corrections and bear seasons.

It isn't psychologically and emotionally easy for somebody to have bought at the ATH in 2021 and be able to stick to hodling despite the price continuously falling down, even reaching as low as $15,000. But once you survived and get over it, things would be a lot easier. You'd even grow indifferent to bear markets. You'd learn not to mind them anymore, not to give a damn about those short-term price fluctuations.

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March 02, 2024, 02:33:28 AM
 #19

The problem is that the circumstances of people don't allow them to be hodlers for a really long time, some of those people have their emergency money invested as bitcoin so when there's an emergency that's happened to them, they all end up having to make the choice of losing their hodling streak because that's the emergency money that they've prepared for, some people just can't really hodl that long and there's going to times that you're tempted to sell a part of your hodl because you've profited a lot already so you lie to yourself that it's not that bad that you're selling some but it defeats the purpose of long-term hodling if you take a chunk of it every now and then. I think that the problem that's been presented is a thing of the past or that there's not a lot of people that's not learning from the past and the history of bitcoin, 3 ATHs is probably enough lesson for many to still not believe in bitcoin or to think that bitcoin is going to never see a new ATH soon.



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March 02, 2024, 02:46:10 AM
 #20

If we see the history of Bitcoin, then it's pretty easy to see how Bitcoin recovered its price. It would take time to recover, but eventually it did. So at the end of the day, holders don't need to be regretful.
Bitcoin always recovers from its bear markets and after rally, it makes a new all time high. I believe we will see a new all time high for Bitcoin very soon. Maybe Bitcoin will make it before a halving in April or after the halving. Historically Bitcoin only makes its new all time high months after halving but will we see a first time, it happens before a halving?

Quote
I am talking about Bitcoin, not about any other altcoin. Because even though the Bitcoin price has recovered, many altcoins haven't recovered yet.
They don't recover but even can be dead.

How many cryptocurrencies failed

P/S: Don't hold your bitcoins in online accounts.
Reminder: do not keep your money in online accounts

R


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