Strong Hands are Holding, are we set for the Button?

[Bitcoin_people]

When the market comes down, those who are truly investors are never afraid, but they plan to invest more boldly. Investing in Bitcoin for a long time is a future asset for every brave person that they keep. But when it comes to a timid and scared investor, they do not want to hold Bitcoin during those times, but sell it at a loss due to the market situation and volatility. This is a clear picture, not all investors hold it and not all sell it, but those who cannot properly prolong their plans, sell it in bad market conditions. Those who are big investors never plan to sell, but they keep their Bitcoins thinking about the future. But those who think that they will sell it when they make a small profit, when they face a time of market volatility, they sell it at a loss. So there are two categories of people in Bitcoin, those who are brave are rewarded in the future and those who are afraid never benefit.

[Awaklara]

But when it comes to a timid and scared investor, they do not want to hold Bitcoin during those times, but sell it at a loss due to the market situation and volatility.

I think most people who are investing in Bitcoin right now already have a good understanding of how to hold onto their Bitcoin during a bearish market. Even though there might be beginner investors who still panic easily in certain market situations, after two or three experiences, they’ll definitely do better. There will always be people selling and buying; our job is to hold onto the Bitcoin we have until we reach our set target.

[Ojima-ojo]

But when it comes to a timid and scared investor, they do not want to hold Bitcoin during those times, but sell it at a loss due to the market situation and volatility.

I think most people who are investing in Bitcoin right now already have a good understanding of how to hold onto their Bitcoin during a bearish market. Even though there might be beginner investors who still panic easily in certain market situations, after two or three experiences, they’ll definitely do better. There will always be people selling and buying; our job is to hold onto the Bitcoin we have until we reach our set target.

It takes someone with experience and knowledge of the market to keep buying all the way down, today we see that the price of bitcoin went below a remarkable benchmark price of $63,000 to someone around $62k+ currently this price created another buying wave for investors with the cash flow to buy at discount price like this.


But such opportunities is clear to someone with knowledge of the bitcoin market, those without experience will be scared of the market and thinking the dip will keep going dipper as the day goes by.

[Solodoski]

I believe that if you really want to make profit in bitcoin investment, you have to understand that sometimes their will be a dip in price, so you don't have to bother yourself about the deep. I believe those that are known as strong hands are those that understands bitcoin and have been investing in it for a long time and this is not the first time this is happening to them, so they believe that the price will still rise. Right now most strong hands are accumulating more bitcoin, because to them, they are buying on discount, so they will still hold it and believe that it will rise in the long run.  Infact the whole idea of bitcoin investment is to accumulate and hold it for a long time, and hopefully make profit.

[Brizi5000]

But when it comes to a timid and scared investor, they do not want to hold Bitcoin during those times, but sell it at a loss due to the market situation and volatility.

I think most people who are investing in Bitcoin right now already have a good understanding of how to hold onto their Bitcoin during a bearish market. Even though there might be beginner investors who still panic easily in certain market situations, after two or three experiences, they’ll definitely do better. There will always be people selling and buying; our job is to hold onto the Bitcoin we have until we reach our set target.

There are even some old investors who’s interest is only on making quick profit in bitcoin, it’s not like they’re still inexperienced when it comes to bitcoin investment, this set of investors panic and will sell during when market is going down because they are afraid of further losses. For a real investor, his mindset is focused on not making quick profit but to invest for long term success. They knew that during market downturn is a great opportunity for them to accumulate more bitcoin at a more reduced price and hold for a potential gain when the price rises rather than selling at a loss.

[GeorgeJohn]

I believe that if you really want to make profit in bitcoin investment, you have to understand that sometimes their will be a dip in price, so you don't have to bother yourself about the deep.

Investment of Bitcoin is by determination, if you're not determined in bitcoin, you can't invest, so i know very well that bitcoin investment once you're determined, their's nothing will make you not to invest even though we are on dip or not...in the aspects of the profit we make in bitcoin it's based on your investment durability, those who goes into short-term investment doesn't really make a profit...

I believe those that are known as strong hands are those that understands bitcoin and have been investing in it for a long time and this is not the first time this is happening to them,

Actually, most of the people have understood bitcoin properly, but i know very well that you can't know about Bitcoin 100% before you invest, the more you're investing the more you're having the knowledge of bitcoin...

[LUCKMCFLY]

We've seen corporate companies selling, but they're taking profits. Weaker investors sometimes even sell at a loss.
Ultimately, we can describe now as a discount period for Bitcoin, so whether you're a weak investor or a strong one, it's a good time to buy. At almost half the price of 127k, we can actually see it as a 50% discount.
Of course, it could fall even further, but considering the 127k price, it seems attractive to me.

That's the mindset we should maintain: we're buying at a very good price. The fact that the all-time high (ATH) was quite high, double the previous one, presents a real opportunity.

Given that BTC always surprises us, we have to imagine that when BTC rises again, it will be a much more lucrative ATH than the last one. So, right now, we should all be strong players and buy BTC.

All the tools are there. We have the dollar-cost averaging (DCA) method. We have to buy gradually and with great discipline every time the price corrects or dips, keeping the objective clear. I don't think there are any easier options.

[Juicyhome]

I believe that if you really want to make profit in bitcoin investment, you have to understand that sometimes their will be a dip in price, so you don't have to bother yourself about the deep. I believe those that are known as strong hands are those that understands bitcoin and have been investing in it for a long time and this is not the first time this is happening to them, so they believe that the price will still rise. Right now most strong hands are accumulating more bitcoin, because to them, they are buying on discount, so they will still hold it and believe that it will rise in the long run.  Infact the whole idea of bitcoin investment is to accumulate and hold it for a long time, and hopefully make profit.

That's it, only the stong hands can tell thr sweetness of dip market,  newbies see dip as set back while strong hands see it as an opportunity to buy more and hodl for long. You can't gain in bitcoin investment if you don't have the mind to hold for long,  the longer you hold more you profit.

Dip should be seen as another chance to buy bitcoin,  bitcoin is for everyone and dip gives you that ability to buy,dip don't bother me, I don't even panic, I don't sell in dip, if I have money I buy more Bitcoin to add to my already accumulated bitcoin in my wallet, bitcoin is the future and is good we give it a try and hodl for long.

[Out of mind]

According to the current situation, the market position that is seen in this is that strong investors are patiently holding their Bitcoins, while weak investors are selling them after seeing the bad position of the market. Whale investors never think about the bad position of the market, rather they do not have this thought because they have a plan for the future. But small investors who have less patience and fail to control their emotions are the ones who sell at a loss in the bad market situation. Those who invested in Bitcoin in the early days are still holding their assets, they have maintained their investment even in the bad market situation. But weak and fearful investors cannot hold their investment for a long time when the market situation starts to fall, they sell. Those who hold Bitcoin never plan to sell, but those who do not have such a mindset invest and sell within a short time.

[EarnOnVictor]

We can not tell if the bear season is going to end or not so what we should be doing now as an investor is to keep accumulating Bitcoin instead of dancing or playing around and for traders they should either keep predicting when to buy or do what they knows what to do best which is short term goal. I do not get what you meant by " mostly not below $50k before we completely exited" whether Bitcoin go below $50k or not I will still keep my hope and fate high and strong.

I like the accumulating part, but we should be sensible about still. If not that Bitcoin is nearing $60,000, I wouldn't have bought that idea, not even with DCA. But at the current prices, what more can anyone lose that can be substantial? I don't think there is any. At worst, Bitcoin could hit $50,000; let's just say $45,000, which is highly unlikely.

The difference is so tiny, so accumulating at current levels is not a bad idea. Maybe a decent DCA approach would be cool, yet I fear for continued selling, especially if August candle closes negative. The August candle is already almost completely erased.

[Pandorak]

According to the current situation, the market position that is seen in this is that strong investors are patiently holding their Bitcoins, while weak investors are selling them after seeing the bad position of the market. Whale investors never think about the bad position of the market, rather they do not have this thought because they have a plan for the future. But small investors who have less patience and fail to control their emotions are the ones who sell at a loss in the bad market situation. Those who invested in Bitcoin in the early days are still holding their assets, they have maintained their investment even in the bad market situation. But weak and fearful investors cannot hold their investment for a long time when the market situation starts to fall, they sell. Those who hold Bitcoin never plan to sell, but those who do not have such a mindset invest and sell within a short time.

Most new investors today can be described as inexperienced, they buy out of FOMO and it’s not uncommon for many to jump on the bandwagon simply because Bitcoin is becoming increasingly well known and so many people are making huge profits from investing in Bitcoin, to the point where they decide to enter the market without adequate knowledge or even an understanding of Bitcoin cycles. This is what causes them to sell their Bitcoin holdings so easily, especially those who bought when Bitcoin was above $100k, most of them have likely already sold, convinced that Bitcoin is a scam. I call this an investor with a trader’s mindset.

In reality, a decline is normal, it happens in every cycle, no matter what. Just like in the previous cycle, Bitcoin dropped to an extreme low, hitting the low tens of thousands of dollars, more precisely $16k. Right now, no one knows for sure what Bitcoin lowest price will be. The one thing we can control is our accumulation, the more the price drops, the more we can maximize our purchases. All of this stems from our trust in Bitcoin and a clear understanding of its potential and future benefits.