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Author Topic: Who is HODLing?  (Read 13253 times)

Offline debra

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Re: Who is HODLing?
« Reply #165 on: September 07, 2024, 11:59:35 PM »
Perhaps the best option for those who need to sell is to place several sell orders before 100k
I also want to add something, even if I think that 100k will be the selling point for many people, it could happen like other times when BTC rises non-stop for several days in a row and starts generating more and more FOMO and the price goes beyond any analyst's expectations
It depends on the target of the person. If they target to get profits around $100k. It is recommended to sell at $95k - $98k. It is because the price of Bitcoin is possible to not reaching $100k in the near future. But if someone targets to sell at $150k and wants to hold a long time, there is no need to sell below $100k. I see there are some people who target to sell $150k - $200k and they want to hold for above 5 years.

It is better to analyze carefully, don't follow FOMO. When I determine my goal in selling Bitcoin, I never follow the FOMO of $100k. I have my own goal or won target.


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Re: Who is HODLing?
« Reply #165 on: September 07, 2024, 11:59:35 PM »

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Offline bounceback

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Re: Who is HODLing?
« Reply #166 on: September 08, 2024, 12:18:17 AM »
It depends on the target of the person. If they target to get profits around $100k. It is recommended to sell at $95k - $98k. It is because the price of Bitcoin is possible to not reaching $100k in the near future. But if someone targets to sell at $150k and wants to hold a long time, there is no need to sell below $100k. I see there are some people who target to sell $150k - $200k and they want to hold for above 5 years.

It is better to analyze carefully, don't follow FOMO. When I determine my goal in selling Bitcoin, I never follow the FOMO of $100k. I have my own goal or won target.
Its my technical with trading when set up profit target have reach, usually with my target when selling bitcoin price above $100k I think better sell around $97k to $98k possibility with targeting price can't reach or fully filled order. My position right now holding many kinds of altcoin but never huge expected with price raise significant because many time some altcoins difficult break higher price and make us disappointed.

Following fomo make us loss in cryptocurrency trading because its only get short time for any coins or bitcoin reach higher price before down trend.

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Re: Who is HODLing?
« Reply #166 on: September 08, 2024, 12:18:17 AM »

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Offline JoyMarsha

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Re: Who is HODLing?
« Reply #167 on: September 21, 2024, 10:31:04 PM »
It is certain that bitcoin will reach 100k this bull run and whatever price that we are seeing in the market is a sign that bitcoin price is volatile and giving us more opportunities to buy more Bitcoin to out portfolio because when bitcoin price reaches 100k and above, it is the size of your portfolio that will determine your profit. If you don't have extra funds to buy bitcoin just keep hodli the one you have.
@Sim_card I hope you do have in mind that there's no certainty about Bitcoin price. The $100k benchmark almost everyone is predicting Bitcoin to reach in this bull run is a mere prediction, with no assurance about it because the crypto market is unpredictable, and we may end up seeing a price below $100k or above it, depending on how the market is. However, if we later see a $100k price tag, that's all good because many of us are anticipating such a price in this bull run. However, let's see what the market turns out for all of us in this bull run.

Offline debra

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Re: Who is HODLing?
« Reply #168 on: September 21, 2024, 11:49:13 PM »
Its my technical with trading when set up profit target have reach, usually with my target when selling bitcoin price above $100k I think better sell around $97k to $98k possibility with targeting price can't reach or fully filled order. My position right now holding many kinds of altcoin but never huge expected with price raise significant because many time some altcoins difficult break higher price and make us disappointed.
It is the right way to sell when it reaches the target. I also always sell may coins when they reach the targeted prices. But it is much better to sell when it is almost reaching the target. Anyway, I also will sell my Bitcoin when Bitcoin reaches at $97k - $98k. I don't want to miss the chance to sell at that price. If Bitcoin is sold already, we can focus on altcoins.

Following fomo make us loss in cryptocurrency trading because its only get short time for any coins or bitcoin reach higher price before down trend.
Yes, be careful to follow FOMO because it probably ends up in a short time. For some altcoins, they don't follow Bitcoin trend. So, just focus on the factors such as the project development or other issues related to the project progress.


Offline UNIVERSE

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Re: Who is HODLing?
« Reply #169 on: September 22, 2024, 11:49:45 PM »
Perhaps the best option for those who need to sell is to place several sell orders before 100k.
I also want to add something, even if I think that 100k will be the selling point for many people, it could happen like other times when BTC rises non-stop for several days in a row and starts generating more and more FOMO and the price goes beyond any analyst's expectations
I think most of us will do this. To avoid missing the chance for selling, we must set some selling orders below the targeted price. No one can guarantee the price will be $100k, it may end up below $100k. I'm very sure there are many people to regret it if they fail to sell around $90k - $100k. However, if we want to hold a longer time, it may be above $100k in the next bullrun season (2028-2029).

I think it won't happen in this year to see Bitcoin increase constantly in few days or in few weeks. So far, Bitcoin only increase constantly around 2-3 days. It will drop again after it increases few days.


Online bitterguy28

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Re: Who is HODLing?
« Reply #170 on: September 23, 2024, 03:54:17 AM »

I am waiting for this to happen - once bitcoin hits $100k or gets to $90k+ I’ll start selling mine and keep the money so that I can use it to buy more when the price drops due to the hit number of people that will be selling theirs too.

Perhaps the best option for those who need to sell is to place several sell orders before 100k
that seems the safe option but you will be paying a lot more transaction fees than necessary if you plan on selling multiple times but i guess if you are holding a lot anyway then it wouldn’t matter

personally i would plan on selling at least half at what i think could be the peak and if i am wrong and the price can get higher then at least i still have a few money in it and if it goes down then i can get it out as soon as i can just trying to see all perspectives and consider many different ways to capitalize on the price volatility

Offline milewilda

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Re: Who is HODLing?
« Reply #171 on: September 27, 2024, 03:59:09 PM »

I am waiting for this to happen - once bitcoin hits $100k or gets to $90k+ I’ll start selling mine and keep the money so that I can use it to buy more when the price drops due to the hit number of people that will be selling theirs too.

Perhaps the best option for those who need to sell is to place several sell orders before 100k
that seems the safe option but you will be paying a lot more transaction fees than necessary if you plan on selling multiple times but i guess if you are holding a lot anyway then it wouldn’t matter

personally i would plan on selling at least half at what i think could be the peak and if i am wrong and the price can get higher then at least i still have a few money in it and if it goes down then i can get it out as soon as i can just trying to see all perspectives and consider many different ways to capitalize on the price volatility
If you are someone whose really that tending on trying out to accumulate as much as you could then you would really be that definitely dont mind on how much gas fees that you would really be able to spend on as long you do able to accumulate it as much as you could. If you are someone whose really that actively making up some trading in short term period then it would really be that understandable that you would be needing to pay up gas or having those deductions or maker or taker fees on the moment that you do trade on which this is something understandable.
Holding will really be just that a matter of someones choice and preference on how they would be gonna handling out their crypto investment.

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Re: Who is HODLing?
« Reply #171 on: September 27, 2024, 03:59:09 PM »


Offline debra

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Re: Who is HODLing?
« Reply #172 on: October 21, 2024, 11:49:37 PM »
personally i would plan on selling at least half at what i think could be the peak and if i am wrong and the price can get higher then at least i still have a few money in it and if it goes down then i can get it out as soon as i can just trying to see all perspectives and consider many different ways to capitalize on the price volatility
Do you plan to sell a half of your Bitcoin when it reaches $100k? I think there are many people who have the same plan. But I think I will sell almost of all my Bitcoin, at least 80% of my Bitcoin asset. I think I have already got enough profits if Bitcoin really jumps to $100k. Honestly, I still doubt a bit whether Bitcoin really can be $100k in this cycle. There are some people who said that Bitcoin won't be $100k because of few reasons. What do you think about this?



Offline albon

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Re: Who is HODLing?
« Reply #173 on: October 29, 2024, 08:05:19 PM »
personally i would plan on selling at least half at what i think could be the peak and if i am wrong and the price can get higher then at least i still have a few money in it and if it goes down then i can get it out as soon as i can just trying to see all perspectives and consider many different ways to capitalize on the price volatility
Do you plan to sell a half of your Bitcoin when it reaches $100k? I think there are many people who have the same plan. But I think I will sell almost of all my Bitcoin, at least 80% of my Bitcoin asset. I think I have already got enough profits if Bitcoin really jumps to $100k. Honestly, I still doubt a bit whether Bitcoin really can be $100k in this cycle. There are some people who said that Bitcoin won't be $100k because of few reasons. What do you think about this?
There are plenty of people who are already advocating for bitcoin to rise to $100k. The main reasons for saying this are supply and demand, media hype, risk free investing, fomo. Moreover, knowing that bitcoin has a limited supply so people see it as a reserve asset. Central bank currency volatility increases people interest in alternatives like bitcoin and altcoins. Bitcoin has become the cryptography of choice for many investors maintaining its leading position in the cryptocurrency market. The market may be headed for a correction. Otherwise a high level of fear can serve as a potential buying opportunity.

Offline summonerrk

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Re: Who is HODLing?
« Reply #174 on: November 02, 2024, 11:03:19 AM »
I not HODL. I have completely left Bitcoin for stablecoins and am expecting a strong fall. I do not believe that we will fly up right now, because there has not been a strong enough correction. At least, Bitcoin used to operate according to such laws, and after the ETF, its price movement became somehow different.
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Offline smartaction

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Re: Who is HODLing?
« Reply #175 on: November 03, 2024, 03:50:27 AM »
When you sell at that price, if many people also decide to sell at that same price because it’s a very sensitive price that everyone has been clamouring for long. If the sell pressure at that time is much, the market will still drop below that price and will be a good time to buy more bitcoins. It could be some sort of gambling to some, but some people will only use that time not to just take profits, but to increase their bitcoin holdings through that exit and re-entry strategy.
When the price of Bitcoin reaches $100k, I think there will be many people to sell their Bitcoin. In this time, the selling pressure will be very high, the price will drop again below $100k very soon. Yes, people already wait for this price for a long time, people won't miss the chance to sell at a high price. If some people try to keep holding at that price, it will be like a gambling. If there is nothing to trigger the price increasing again, I think the maximum price will be $100k only in the current cycle.

I believe Bitcoin price will reach $100k but we will have to wait several years for that. Those who are holding Bitcoin now and waiting to sell after hitting $100k will have a great chance to make huge profits if they can hold on to Bitcoins. Bitcoin price is at $68k today.Bitcoin price is thought to fall further.If bitcoin price drops to $50k  But I will keep investing and if it starts to grow again now then I will stop investing.

Offline milewilda

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Re: Who is HODLing?
« Reply #176 on: November 03, 2024, 04:15:51 AM »
When you sell at that price, if many people also decide to sell at that same price because it’s a very sensitive price that everyone has been clamouring for long. If the sell pressure at that time is much, the market will still drop below that price and will be a good time to buy more bitcoins. It could be some sort of gambling to some, but some people will only use that time not to just take profits, but to increase their bitcoin holdings through that exit and re-entry strategy.
When the price of Bitcoin reaches $100k, I think there will be many people to sell their Bitcoin. In this time, the selling pressure will be very high, the price will drop again below $100k very soon. Yes, people already wait for this price for a long time, people won't miss the chance to sell at a high price. If some people try to keep holding at that price, it will be like a gambling. If there is nothing to trigger the price increasing again, I think the maximum price will be $100k only in the current cycle.

I believe Bitcoin price will reach $100k but we will have to wait several years for that. Those who are holding Bitcoin now and waiting to sell after hitting $100k will have a great chance to make huge profits if they can hold on to Bitcoins. Bitcoin price is at $68k today.Bitcoin price is thought to fall further.If bitcoin price drops to $50k  But I will keep investing and if it starts to grow again now then I will stop investing.
For those who had been holding for so long then they do really that believe that Bitcoin could really be able to reach up new all time highs on which this is something that will really be the main reason on why they do held up their coins until now. Some might be able to panic sell or secure out profits but there are ones who doesnt sold out even a single satoshi.
Honestly it is really that too hard to do such feat considering that market conditions or cycles will really be that making out that stirring up when it comes into your emotions
on which this one really causes up that kind of hesitance or doubts on holding up for too long.

Offline Baofeng

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Re: Who is HODLing?
« Reply #177 on: November 03, 2024, 04:34:33 AM »
When you sell at that price, if many people also decide to sell at that same price because it’s a very sensitive price that everyone has been clamouring for long. If the sell pressure at that time is much, the market will still drop below that price and will be a good time to buy more bitcoins. It could be some sort of gambling to some, but some people will only use that time not to just take profits, but to increase their bitcoin holdings through that exit and re-entry strategy.
When the price of Bitcoin reaches $100k, I think there will be many people to sell their Bitcoin. In this time, the selling pressure will be very high, the price will drop again below $100k very soon. Yes, people already wait for this price for a long time, people won't miss the chance to sell at a high price. If some people try to keep holding at that price, it will be like a gambling. If there is nothing to trigger the price increasing again, I think the maximum price will be $100k only in the current cycle.

I believe Bitcoin price will reach $100k but we will have to wait several years for that. Those who are holding Bitcoin now and waiting to sell after hitting $100k will have a great chance to make huge profits if they can hold on to Bitcoins. Bitcoin price is at $68k today.Bitcoin price is thought to fall further.If bitcoin price drops to $50k  But I will keep investing and if it starts to grow again now then I will stop investing.

Not sure what you mean by several years, but in this bull run cycle, this 2025, everyone was hoping to see the price reaching 6 figures next year. This has been the prediction all along and so with that everyone is really excited for next year.

Specially those who are holding that much and keeps on accumulating till this day as the price is still cheap.

So yeah, I believed that almost everyone here is holding their bitcoin for the longest time and not going to sell until we reach that $100k that we all have been predicting and speculating since the start of the bull run.

Online jeraldskie11

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Re: Who is HODLing?
« Reply #178 on: November 03, 2024, 06:48:41 AM »
I not HODL. I have completely left Bitcoin for stablecoins and am expecting a strong fall. I do not believe that we will fly up right now, because there has not been a strong enough correction. At least, Bitcoin used to operate according to such laws, and after the ETF, its price movement became somehow different.
When the bull run is starting, we can't expect a deep correction because there are more buyers that are willing to buy than the sellers who want to sell. I feel like the real bull run is starting already because there was a break out in the  bullish flag pattern. Since then, bullish flag pattern is very effective strategy but it's not always occur in the chart.
The correction is now happening, and the lowest possibility the price will hit is around $64k, or else I will consider it was a false break out.

 

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