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Author Topic: Do not sell, Just HODL (v2)  (Read 793 times)

Online jeraldskie11

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Re: Do not sell, Just HODL (v2)
« Reply #15 on: May 08, 2024, 06:06:55 PM »
1 more day to go for halving but I don't see any sign of strength in the market. 4h time frame shows us that the market is in the down trend but if you look in a weekly tf it shows us it will going to retrace. In my opinion, the halving is just a way for others to invest because they thought it will send up the price higher but in reality it's just a pull back in a 4h tf. So there is a high possibility that the price will go deeper to gather enough demand in order to boost the price higher and create another ATH.
Boom, We have been through the halving for almost a month, but it seems there is no good news that can trigger an increase in the price of bitcoin, in fact after the halving occurred the price of bitcoin tended to fall. This is a pretty bad halving history because Bitcoin has no support for another price increase.
I believe that many people get disappointed by the halving and might think this would be the worst halving history. But for me, we can't tell yet if this would be really the worst because we still in the bullish market. And what we see in the market now is just a retracement and the retracement was not yet finished. There is a lot of zone in the bottom where the price possibly go, not only the literal SNR but also the imbalances and swing points. I see a lot of imbalances below and it's not filled yet. There is a high chance that the price will hit that area before the price explodes.

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Re: Do not sell, Just HODL (v2)
« Reply #15 on: May 08, 2024, 06:06:55 PM »

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Re: Do not sell, Just HODL (v2)
« Reply #16 on: May 08, 2024, 06:12:15 PM »
I believe that many people get disappointed by the halving and might think this would be the worst halving history. But for me, we can't tell yet if this would be really the worst because we still in the bullish market. And what we see in the market now is just a retracement and the retracement was not yet finished. There is a lot of zone in the bottom where the price possibly go, not only the literal SNR but also the imbalances and swing points. I see a lot of imbalances below and it's not filled yet. There is a high chance that the price will hit that area before the price explodes.

Why the disappointment? Never in the history of Bitcoin had we had pump immediately when the halving occur, I have check the chart and it was a year later that we do have the bull run but somehow, a lot happened in this cycle that institutional investors are controlling the market, they don't want to see their investment go down and they are  holding it from collapse.

Another thing you should put into consideration is that there must be a correction else no one would be confident about the bull run and right now, the market is doing the opposite and if it remain like this, there is no certainty yet about bull run but in the future, something must happen.
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Re: Do not sell, Just HODL (v2)
« Reply #17 on: May 08, 2024, 06:33:51 PM »
I believe that many people get disappointed by the halving and might think this would be the worst halving history. But for me, we can't tell yet if this would be really the worst because we still in the bullish market. And what we see in the market now is just a retracement and the retracement was not yet finished. There is a lot of zone in the bottom where the price possibly go, not only the literal SNR but also the imbalances and swing points. I see a lot of imbalances below and it's not filled yet. There is a high chance that the price will hit that area before the price explodes.

Why the disappointment? Never in the history of Bitcoin had we had pump immediately when the halving occur, I have check the chart and it was a year later that we do have the bull run but somehow, a lot happened in this cycle that institutional investors are controlling the market, they don't want to see their investment go down and they are  holding it from collapse.

Another thing you should put into consideration is that there must be a correction else no one would be confident about the bull run and right now, the market is doing the opposite and if it remain like this, there is no certainty yet about bull run but in the future, something must happen.
All kinds of whale investors invest only when they see the market stable. Because they realize then that they are in the safe zone enough. Because they know that if they invest in volatile market then they can face loss. whale investors never lose because their investment is able to move the market in different directions, but if the market goes down after their investment, it will be very difficult to recover. for this they don't always invest and when they do the market booms

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Re: Do not sell, Just HODL (v2)
« Reply #18 on: May 08, 2024, 06:57:28 PM »
I believe that many people get disappointed by the halving and might think this would be the worst halving history. But for me, we can't tell yet if this would be really the worst because we still in the bullish market. And what we see in the market now is just a retracement and the retracement was not yet finished. There is a lot of zone in the bottom where the price possibly go, not only the literal SNR but also the imbalances and swing points. I see a lot of imbalances below and it's not filled yet. There is a high chance that the price will hit that area before the price explodes.

Why the disappointment? Never in the history of Bitcoin had we had pump immediately when the halving occur, I have check the chart and it was a year later that we do have the bull run but somehow, a lot happened in this cycle that institutional investors are controlling the market, they don't want to see their investment go down and they are  holding it from collapse.

Another thing you should put into consideration is that there must be a correction else no one would be confident about the bull run and right now, the market is doing the opposite and if it remain like this, there is no certainty yet about bull run but in the future, something must happen.
This halving year is different from past Bitcoin halving. As we can see in the history from the first halving to the third, new ATH only happen after halving, which did not occur in this halving year. People expected the new ATH to occur after the halving based on past halving, but instead, it occurred before the halving. We noticed that when the price creates a new ATH, there is a high probability that the price will explode because there is no obvious resistance above that has to be broken, which has been true in past halving. And this may be the reason why many are disappointed, because I noticed many complaints if this would be the end of bull market.

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Re: Do not sell, Just HODL (v2)
« Reply #19 on: May 08, 2024, 07:32:45 PM »
1. Bitcoin is just a few days to halving, shouldn't the excitement be driving investors to buying instead of selling?


Halving has taken place but we have not seen any beneficial effect of halving but if someone wants to accumulate Bitcoin and other coins then they can assume current situations as beneficial days just to hold some of the desired coins.

People were very excited for halving but now only experts have believed that the market will recover to give them their money with elevated worth.
 
Current worth is not suitable for selling but you can make it a phase that will be full of advantages therefore don't sell but take a step against it like you can buy now to convert fearful situations into Fruitful situations.
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Re: Do not sell, Just HODL (v2)
« Reply #20 on: May 08, 2024, 08:59:45 PM »
Buy the dip sell the ATH and buy the cheap again in the period waiting for bitcoin to come down again. I am always interested to buy bitcoin and hodle and this days I am buying for short term and not for long term and it is for personal reasons and I am doing that because of the time, period and the season. Then after now I will invest in the long term. I always buy the slide decreased of the market and sell when it goes up like 3% to 4% increase of the market. I think in the market it is not always good to buy buy and not selling. You buy and sell to make profit.

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Re: Do not sell, Just HODL (v2)
« Reply #21 on: May 09, 2024, 05:14:22 PM »
Buy the dip sell the ATH and buy the cheap again in the period waiting for bitcoin to come down again. I am always interested to buy bitcoin and hodle and this days I am buying for short term and not for long term and it is for personal reasons and I am doing that because of the time, period and the season. Then after now I will invest in the long term. I always buy the slide decreased of the market and sell when it goes up like 3% to 4% increase of the market. I think in the market it is not always good to buy buy and not selling. You buy and sell to make profit.
That's right, the right way to make a profit when trading is that we have to buy coins when the price falls, when the price has risen then we will sell it at a high price, never be influenced by market conditions, when the price rises never buy because that will makes us trapped in high prices.

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Re: Do not sell, Just HODL (v2)
« Reply #21 on: May 09, 2024, 05:14:22 PM »


 

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