How do you think is enough to hold?

[SmartGold01]

Greetings all and still on new year grove
I would like to know as a bitcoin holder and trader are you expected to hold bitcoin in short period? What if you hold for long and the price dropped to what you don't expect would be happy with your self just for example the bitcoin was already $47k plus heading to 48k and I know people bought at that price hoping it would crossed 50k before this new year but was surprised to see a price reaction making bitcoin dip below 42k though has been moving within $40k to $42k since from first week of January.

[BitMaxz]

For me, I still hold BTC since we know that there is an upcoming event that will happen this coming April I believe $48k is not the final price of Bitcoin this year.

The best strategy for this kind of price movement is to do DCA buy BTC while it's cheap because we don't not know what is the bottom price of the recent price drop.

For traders, I'm sure they don't hold their coins because they said they don't want their investment to sleep so if they saw the price touch $47k they already sold them to make sure they got profit and wait for another best entry point to buy again at cheap price.  That's how  traders do unlike holders the only strategy they know is to do DCA.

[Sim_card]

There is nothing you can do about the drop in price because whoever invested in bitcoin should know that it is volatile, and should expect a dump or pump a anytime. As a holder, we all ha e the reason why we are hodling, and when we will sl. I believe that most people know that the bull run is next year and the halving is in a April, which will trigger the bull run so patience is what we need to achieve our goals. It is only short term investors that will not be happy, due to the drop in price. If there is no correction in bitcoin price, there will be no pump. This is the right time to stash up more bitcoin in your portfolio, and prepare towards the next bull 6.

[bayu7adi]

Greetings all and still on new year grove
I would like to know as a bitcoin holder and trader are you expected to hold bitcoin in short period? What if you hold for long and the price dropped to what you don't expect would be happy with your self just for example the bitcoin was already $47k plus heading to 48k and I know people bought at that price hoping it would crossed 50k before this new year but was surprised to see a price reaction making bitcoin dip below 42k though has been moving within $40k to $42k since from first week of January.

Keep holding because this is related to each person's trust in Bitcoin itself. Everyone sees Bitcoin from a different perspective, so we can see Bitcoin with its own potential.

History is clear proof that Bitcoin's progress is not bad. I think that is a motivation for most people to keep hodling.

[Rikafip]

What if you hold for long and the price dropped to what you don't expect would be happy with your self just for example the bitcoin was already $47k plus heading to 48k and I know people bought at that price hoping it would crossed 50k before this new year but was surprised to see a price reaction making bitcoin dip below 42k though has been moving within $40k to $42k since from first week of January.

When you are a newbie, its not an easy thing to see bitcoin price plummeting while you are still holding. What many in that situation do is that they panick sell, thinking that they will "sell high buy low" but in most of the cases they end up buying for the higher price that they initially sold.

I did the same mistake in my early days but now I simply don't care about those amplitudes and have no issues holding for years. That of course doesn't mean that I won't sell certain amount of bitcoin while iits pumping and take profits.

[MrSpasybo]

I would like to know as a bitcoin holder and trader are you expected to hold bitcoin in short period? What if you hold for long and the price dropped to what you don't expect would be happy with your self just for example the bitcoin was already $47k plus heading to 48k and I know people bought at that price hoping it would crossed 50k before this new year but was surprised to see a price reaction making bitcoin dip below 42k though has been moving within $40k to $42k since from first week of January.

I think the problem here is each person's understanding and expectations for BTC and the crypto market. Let me clarify a bit.

BTC halving occurs every 4 years, so the market period is 4 years, similar to traditional financial markets.
So, we have seen BTC create new peaks every 4 years: 2013 – 2017 – 2021 and we will most likely see the next peak in 2025.

After halving, BTC price usually increases continuously rather than continuing to create a lower price, so I think right now, we should focus on the bullrun with our own targets.

For me personally, DCA is the right strategy and generates profits consistently with BTC. With a simple Fibonacci measurement, I can determine a target for BTC at $160K in 2025. Of course, I will start taking action when BTC hits $150K to initiate a DCA-sell.

[Charles-Tim]

The history is repeating itself again. We predicted bull run last year, but more significant bull run in 2024/2025 and these are the year we are expecting all-time-high. If you invest and the price is going down, do not sell but buy more and have to mind that bitcoin will get to all-time-high. No even only all-time-high his time, we are also expecting six digits. Holding bitcoin for short term will not be helpful like holding it in long term in this period of time. Holding it at least for 2 years.

[Don Pedro Dinero]

I think the OP is too short-sighted in its approach. For me it makes no sense to hold bitcoin for less than one cycle, i.e. less than 4 years. Although depending on where we are in the cycle it could be less, such as starting to buy now to hold for at least a year or a year and a half, but I certainly don't worry if the price drops from $47,000 to $42,000, as it is pure short-term volatility.

For the average person the best thing to do is to do DCA and if you want to enjoy the profits, do a sales DCA as MrSpasybo suggests.

[SmartGold01]

For me, I still hold BTC since we know that there is an upcoming event that will happen this coming April I believe $48k is not the final price of Bitcoin this year.

The best strategy for this kind of price movement is to do DCA buy BTC while it's cheap because we don't not know what is the bottom price of the recent price drop.

Thank you for your clear view I think would hold as well to witness the exponential growth of bitcoin price, invested sometimes earlier 2022/2023 though has been holding patiently and as well increasing my portfolio through DCA and this strategy has helped me alot also I have managed to accumulate some fractions of bitcoin within my income so was thinking if i could sell at this moment but halving is around the corner meaning one has to hold tight.

[Primo1760]

How do you think is enough to hold?

I like holding on to the DCA method the most. Investing in DCA method can be the best investment method for an investor.  Investing in DCA method has very less loss on investment. The market is always in a dynamic state, from the dynamic state, it is not known which position the market will go to in the future and in which position it will be in the future.

[SmartGold01]

How do you think is enough to hold?

I like holding on to the DCA method the most. Investing in DCA method can be the best investment method for an investor.  Investing in DCA method has very less loss on investment. The market is always in a dynamic state, from the dynamic state, it is not known which position the market will go to in the future and in which position it will be in the future.

Yeah DCA has been a very helpful method to accumulate bitcoin because
it really enables me to keep buy gradually without the need to entire buy
some huge amount of bitcoin whereby you would start regretting when the price keeps declining.

[JoyMarsha]

Long-term holding of bitcoin is my aim, not short-term. However, I wouldn't be upset if bitcoin's price dropped to $40k, causing me to lose my weekly bitcoin accumulation from the signature campaign at $43k. I already know that bitcoin will rise over that price in a short period. And that motivates me to continue building at a reasonable cost as well. Therefore, I never had a terrible experience because crypto investors benefit from changes in the price of bitcoin. Whether it is an increase or decrease 

[Dr.Bitcoin_Strange]

People who will really feel bad about such a situation are those who only bought Bitcoin for the first time. As for those that have been DCAing right from last August, when the price of Bitcoin was still around $26k, those people would already be in profit now that the price is $40k+. Despite the fact that the price already got to $47k before going down, they will not still be in a very big loss.

But for those who bought just recently when the price was already above $45k, I would advise that you hold tight to your coin, and if you have enough money to buy more Bitcoin, continue to accumulate and hold.

[yohananaomi]

People who will really feel bad about such a situation are those who only bought Bitcoin for the first time. As for those that have been DCAing right from last August, when the price of Bitcoin was still around $26k, those people would already be in profit now that the price is $40k+. Despite the fact that the price already got to $47k before going down, they will not still be in a very big loss.

It seems that not everyone can do as you say, namely, the advantage of the current increase is that those who buy are cheaper. Of course, those who are currently experiencing this can be said to have received a blessing from the increase that has occurred and hope that after letting go there will be a correction again so they can make purchases, with the same goal of repeating themselves.

But for those who bought just recently when the price was already above $45k, I would advise that you hold tight to your coin, and if you have enough money to buy more Bitcoin, continue to accumulate and hold.[/size]

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Of course, there is nothing wrong with buying at a fairly high price because soon the halving era will come, and after that, there will be an increase that moves slowly until maximum achievement occurs. I agree to keep buying more and holding back so that what we get can be more optimal

[Jamal Aezaz]

Greetings all and still on new year grove
I would like to know as a bitcoin holder and trader are you expected to hold bitcoin in short period? What if you hold for long and the price dropped to what you don't expect would be happy with your self just for example the bitcoin was already $47k plus heading to 48k and I know people bought at that price hoping it would crossed 50k before this new year but was surprised to see a price reaction making bitcoin dip below 42k though has been moving within $40k to $42k since from first week of January.

You asked so many questions bro. I'll try to answer them one by one. So first off all. there is not specific limit for me on how much Bitcoin I am expected to Hold. it is totally up to me and my financial situation. but I definitely prefer to do as much as I can. because holding more BTC would give better benefits in the future.
Now if I buy Bitcoin at a certain price and then the bitcoin price drops then yes. I'll definitely feel bad about that. which is a natural thing. but as I've been in bitcoin for so long. I am used to it now. so it doesn't effect me much anymore because I know that the price will come back to it's point sooner or latter. these things shouldn't bother long term holders anyway.
but when I am not holding but only trading then these things bother me a lot.