BTC just crossed $70k, are you still holding?

[Lucius]

I’m still holding! 

In fact, I put my Bitcoin on fixed date staking on Binance the moment the price spike to stop myself for any impulse taking profit.
~snip~

Are you one of those who think CEX is safer than other storage methods? Some would probably agree with that given recent events, but you're not actually holding anything except the current ability to access your account on that CEX. For me, this approach makes no sense - CEX should be exclusively for trading, not storage.

[Cointxz]

I’m still holding! 

In fact, I put my Bitcoin on fixed date staking on Binance the moment the price spike to stop myself for any impulse taking profit.
~snip~

Are you one of those who think CEX is safer than other storage methods? Some would probably agree with that given recent events, but you're not actually holding anything except the current ability to access your account on that CEX. For me, this approach makes no sense - CEX should be exclusively for trading, not storage.

I have my separate Bitcoin stash on my hardware wallet dedicated for long term investment.

What I’m pertaining here is my trading funds that I put on Bitcoin investments. This is my way on stopping myself to take profit immediately during the price pump because I knew the price will still pump further which truly happened.

This makes me not overthink anymore on selling my trading funds.

[Lucius]

@Cointxz, that makes sense - it seemed to me that you were keeping everything on CEX. I personally don't trade, but I did once upon a time, so I know what kind of temptations there are. For now, the price is holding above $75k, and we'll see what the new week brings - I hope only positive things.

[GreatArkansas]

From the dip we experienced over the last few months, most of the dips I purchased were at the $61,000 level. It's more DCA, since even before, I was still able to buy at the $70,000 level; it just made my average price lower.
I'm happy that we are now above $70,000. I am still not selling; I am still planning to buy more on dips if we ever visit the $60,000 level again.

What I just want now is for Bitcoin to maintain the $70,000 level, 1 level at a time; even we will stay longer on $70,000 level, sideways, its fine.

[yudi09]

It’s like a test of mental resilience for those who’ve decided to hold for the long term. Whether they’re strong or not, people who’ve made that decision will be put to the test in a market like the one we’ve seen lately. Usually, the weak-willed will change their minds by transferring their Bitcoin back from their wallets to an exchange to sell it, since they consider they’ve already made a profit.
Now take another look at the price chart. It’s starting to show a shift—will the line continue to extend like the upward trend we’ve seen, bringing smiles to the faces of those who’ve taken daily profits?
I’m still holding my position, and that hasn’t changed.

[laspol65]

Are you still holding?

We are not traders so we are not satisfied with small profits, and we never think about selling Bitcoin. I prefer Bitcoin for the long term, that is why I buy Bitcoin on a regular basis, my portfolio is growing and I will sell my Bitcoin after a long time because according to the plan, when the Bitcoin price will touch an all-time high.
Because I have made my plan long-term, I never panic due to this temporary increase in the price of Bitcoin in the short term, but I focus on buying more Bitcoin.