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Author Topic: Don't forget to HODL your BTC!  (Read 12470 times)

Offline RockBell

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Re: Don't forget to HODL your BTC!
« Reply #30 on: June 18, 2024, 02:31:58 PM »
Title.

Whales are going to start selling like last cycle. (If they haven't already.  ::))

Don't fall for the trap. Don't sell unless you absolutely have to!

Bitcoin is freedom. Do not sell your freedom. HODL it until fiat becomes less popular than bitcoin. Give it to your grandkids if you have to. Do not sell your freedom.


Whales are smart and they will always make the right decision, but selling everything i don't think any whales will do that. Because bitcoin keep changing and adding value.  Whales know the power they have and making things happen in their favor. They will continue to hold. Kids this days can be reckless. So sometimes willing over they might not value what they have.

Hodl and patience have been the keys to financial freedom in crypto, but that should be done with calculations and wisdom since almost everyone is yielding for profits not losses from their bitcoin investment. However, the crypto market is made up of 4-year circles, comprising the bull run and bearish market. There is nothing bad about buying bitcoin in the bearish market and selling in the bull run. Someone applying such a strategy doesn't make them sell their freedom(which is Bitcoin) rather they are making use of the financial freedom that bitcoin offers in the long run(buy at low price and sell at high price) because no one would hodl their bitcoin forever. It is the demand and supply that makes bitcoin volatile


If any can just hold and be patient enough then their won't be problem then and that way you can claim what ever profits that is expected. People are becoming stronger in emotion because they know that what is in for them if they can actually wait. If it was before people would have panicked already and start selling but not anymore people. Even when we know that the market is not in our favor. And before starting we already know that bitcoin is a long time investment.

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Re: Don't forget to HODL your BTC!
« Reply #30 on: June 18, 2024, 02:31:58 PM »

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Offline koang

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Re: Don't forget to HODL your BTC!
« Reply #31 on: June 18, 2024, 03:43:54 PM »

If any can just hold and be patient enough then their won't be problem then and that way you can claim what ever profits that is expected. People are becoming stronger in emotion because they know that what is in for them if they can actually wait. If it was before people would have panicked already and start selling but not anymore people. Even when we know that the market is not in our favor. And before starting we already know that bitcoin is a long time investment.

I'm glad to hear that you're feeling positive about Hodl
Persistence pays off in the long run, Only one thing matters, do not sell.
But dumper is good for transferring wealth to long-term thinkers from short-term thinkers.
And I think we have experienced this cycle several times in the last 15 years.
Anyone with a greater attention span on Bitcoin will pass it by easily

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Re: Don't forget to HODL your BTC!
« Reply #31 on: June 18, 2024, 03:43:54 PM »

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Offline SeeBiscuit

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Re: Don't forget to HODL your BTC!
« Reply #32 on: June 18, 2024, 03:46:10 PM »
Whales are smart and they will always make the right decision, but selling everything i don't think any whales will do that.

This is true. Nowadays, people in power take steps to make sure they stay in power. It makes me uneasy to think the technology of freedom is in the hands of evil people. Not to say that all whales are evil, but you know what I'm talking about.

Free will is also a power that everyone has. You can choose to be good, and you can choose to be evil. I feel the same applies to bitcoin as well. You can use this technology for good, or you can use it for evil.
To secure, contain, and protect one world. Under God, indivisible, for liberty, justice, and self-custody for all of infinity. We are vivus. We are ready. Vires in numeris.

Offline bayu7adi

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Re: Don't forget to HODL your BTC!
« Reply #33 on: June 18, 2024, 03:54:01 PM »
Whales are smart and they will always make the right decision, but selling everything i don't think any whales will do that. Because bitcoin keep changing and adding value.  Whales know the power they have and making things happen in their favor. They will continue to hold. Kids this days can be reckless. So sometimes willing over they might not value what they have.
Actually, I really hate the manipulative things that people with great power usually do to gain personal gain... but considering that their power is so great to change the direction of the market, I no longer have a problem with that. Big investors or whales, indeed have earlier access to information about what will happen to Bitcoin and other investment assets,... this is what causes them to survive and in fact I think they will continue to survive in the cryptocurrency world too... because for they are another place to get money.

So, why am I quite sure that in the long term, Bitcoin is still worth owning, because it has great potential and many people don't want Bitcoin to fall suddenly.

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Re: Don't forget to HODL your BTC!
« Reply #34 on: June 18, 2024, 07:14:49 PM »
Title.

Whales are going to start selling like last cycle. (If they haven't already.  ::))

Don't fall for the trap. Don't sell unless you absolutely have to!

Bitcoin is freedom. Do not sell your freedom. HODL it until fiat becomes less popular than bitcoin. Give it to your grandkids if you have to. Do not sell your freedom.
Hodl and patience have been the keys to financial freedom in crypto, but that should be done with calculations and wisdom since almost everyone is yielding for profits not losses from their bitcoin investment. However, the crypto market is made up of 4-year circles, comprising the bull run and bearish market. There is nothing bad about buying bitcoin in the bearish market and selling in the bull run. Someone applying such a strategy doesn't make them sell their freedom(which is Bitcoin) rather they are making use of the financial freedom that bitcoin offers in the long run(buy at low price and sell at high price) because no one would hodl their bitcoin forever. It is the demand and supply that makes bitcoin volatile
Not all patience can produce maximum results, we can see shitcoins being created just to trap new traders who have no experience with shitcoins. Hodl can only be used for Bitcoin, while for other coins I do not recommend holding because there is no guarantee that the price will rise again. If you have implemented it only in Bitcoin then what you have done is correct.
I agree with you if you say that the safest coin to hold is bitcoin, but I don't agree if you hold it only for bitcoin, during the bearish season we can also buy ethereum, BNB and Solana to hold for another 2-3 years, as some comments [ a member here. and shitcoin is not a coin to be held, if we make a mistake when entering, it means a loss will be before our eyes.
Well yeah true but not all shitcoins are worthless few make it's way up and then shine like a diamond but I think buying one is like spending your money in gambling that if you are lucky enough you will get huge amount of money from it.

Offline JoyMarsha

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Re: Don't forget to HODL your BTC!
« Reply #35 on: June 18, 2024, 09:54:09 PM »
Title.

Whales are going to start selling like last cycle. (If they haven't already.  ::))

Don't fall for the trap. Don't sell unless you absolutely have to!

Bitcoin is freedom. Do not sell your freedom. HODL it until fiat becomes less popular than bitcoin. Give it to your grandkids if you have to. Do not sell your freedom.
Hodl and patience have been the keys to financial freedom in crypto, but that should be done with calculations and wisdom since almost everyone is yielding for profits not losses from their bitcoin investment. However, the crypto market is made up of 4-year circles, comprising the bull run and bearish market. There is nothing bad about buying bitcoin in the bearish market and selling in the bull run. Someone applying such a strategy doesn't make them sell their freedom(which is Bitcoin) rather they are making use of the financial freedom that bitcoin offers in the long run(buy at low price and sell at high price) because no one would hodl their bitcoin forever. It is the demand and supply that makes bitcoin volatile
Not all patience can produce maximum results, we can see shitcoins being created just to trap new traders who have no experience with shitcoins. Hodl can only be used for Bitcoin, while for other coins I do not recommend holding because there is no guarantee that the price will rise again. If you have implemented it only in Bitcoin then what you have done is correct.
Hodl for a long time is good to have for bitcoin investment, not for altcoin investment because their future price is not guaranteed that they can survive in the bearish market till when the bull run market comes.

Many investors had lost investment in altcoins because they tends to hodl their altcoins investments for the long term when they are not supposed to, forgetting the aim to Invest in bitcoin for long term investment plans than altcoins.

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Re: Don't forget to HODL your BTC!
« Reply #36 on: June 18, 2024, 11:58:14 PM »
-snip-
Many investors had lost investment in altcoins because they tends to hodl their altcoins investments for the long term when they are not supposed to, forgetting the aim to Invest in bitcoin for long term investment plans than altcoins.
Altcoins that are held are certainly altcoins that do not have good development, if they hold Ethereum it still has a good enough return because it is also good for the long term and the price tends to follow the price of Bitcoin.

I personally hold Bitcoin and Ethereum for the long term, so my investments are not just in one job.
Diversification is necessary, but to choose a good altcoin, of course choose the top altcoins that have been recommended
such as ETH, BNB, SOL, in my opinion it is a good choice and of course BTC is the main portfolio.

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Re: Don't forget to HODL your BTC!
« Reply #36 on: June 18, 2024, 11:58:14 PM »


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Re: Don't forget to HODL your BTC!
« Reply #37 on: June 19, 2024, 12:08:29 AM »
Too many people are forgetting that crypto is where it is at, and I think it should be quite important to remember that we are going to make a quite good of an income if we let it be. I know that a lot of people will not remember how to make what, but the reality is that we are going to make money if we keep holding it. The good news is that if people actually hear this, and actually tart holding then we are going to start making a good income, we just need to be certain that we are doing the right thing. Its not going to be that easy, we just need to make sure that all the volatility doesn't make us sell.

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Re: Don't forget to HODL your BTC!
« Reply #38 on: June 19, 2024, 10:23:24 AM »
Too many people are forgetting that crypto is where it is at, and I think it should be quite important to remember that we are going to make a quite good of an income if we let it be. I know that a lot of people will not remember how to make what, but the reality is that we are going to make money if we keep holding it. The good news is that if people actually hear this, and actually start holding then we are going to start making a good income, we just need to be certain that we are doing the right thing. Its not going to be that easy, we just need to make sure that all the volatility doesn't make us sell.

I believe the same thing. Bitcoin is presenting a great opportunity for people like me who is not good in trading to just HODL and make some good money after some years of waiting. I think the biggest element here is always the time and of course the patience required so one may not be tempted of getting bored and sell his BTC at an earlier stage. I am sure some may say HODLING can just be easy and that is true if you happen to be well-oiled or financially stable in life but for many of us who are not there is always that temptation to cash out and enjoy some fruits at a premature stage...yes the fruits can be there but the potential is not achieved as it should be. Personally, I committed the mistake of selling my BTC at the wrong time and I am suffering the consequences of the mistakes right now. And I am hoping others will not be making the same mistake when investing in Bitcoin and even top alts in the crypto market.


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Re: Don't forget to HODL your BTC!
« Reply #39 on: June 19, 2024, 12:40:48 PM »
Too many people are forgetting that crypto is where it is at, and I think it should be quite important to remember that we are going to make a quite good of an income if we let it be. I know that a lot of people will not remember how to make what, but the reality is that we are going to make money if we keep holding it. The good news is that if people actually hear this, and actually start holding then we are going to start making a good income, we just need to be certain that we are doing the right thing. Its not going to be that easy, we just need to make sure that all the volatility doesn't make us sell.

I believe the same thing. Bitcoin is presenting a great opportunity for people like me who is not good in trading to just HODL and make some good money after some years of waiting. I think the biggest element here is always the time and of course the patience required so one may not be tempted of getting bored and sell his BTC at an earlier stage. I am sure some may say HODLING can just be easy and that is true if you happen to be well-oiled or financially stable in life but for many of us who are not there is always that temptation to cash out and enjoy some fruits at a premature stage...yes the fruits can be there but the potential is not achieved as it should be. Personally, I committed the mistake of selling my BTC at the wrong time and I am suffering the consequences of the mistakes right now. And I am hoping others will not be making the same mistake when investing in Bitcoin and even top alts in the crypto market.
Trading is not for everyone. Not everyone can make a profit by trading and even if they can make a temporary profit, they lose it again because they are not experts in trading.  Professionals never panic. They trade with patience. And very few traders can be professional. So holding can be an easy income avenue for everyone. By holding bitcoins one can profit a lot if one can hold patiently without being proffesional.  So if one wants to make good profit from crypto then he should do holding especially bitcoin holding.
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Offline God Of Thunder

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Re: Don't forget to HODL your BTC!
« Reply #40 on: June 19, 2024, 02:50:47 PM »
The next 1.5 years are crucial for Bitcoin holders. If you aren't new to crypto space, you should know that. I don't remember Bitcoin breaking it's previous ATH before the halving. But this time, Bitcoin did it. We did not have ETF approval last time. But we have ETF now, and the awareness of Bitcoin has spread out a lot more than before.

If you did not bought your BTC at new ATH, you are still in profit. Even if you bought at ATH, you are not too much down yet. Bitcoin could move that much in a single week. So, there is nothing better than Holding at this moment.
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Offline Z-tight

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Re: Don't forget to HODL your BTC!
« Reply #41 on: June 19, 2024, 04:17:12 PM »
Bitcoin is freedom. Do not sell your freedom. HODL it until fiat becomes less popular than bitcoin. Give it to your grandkids if you have to. Do not sell your freedom.
I believe so much in BTC and its freedom, but i don't think BTC can ever be more popular than fiat in terms of a payment method, fiat is what most of the world knows and it is not going to change. BTC is a currency and an asset that is free of any central control, and it would be more popular only amongst the people who want to control their finances themselves, but such people are in the minority.

Offline dekafee79

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Re: Don't forget to HODL your BTC!
« Reply #42 on: June 20, 2024, 04:20:54 PM »
Bitcoin is freedom. Do not sell your freedom. HODL it until fiat becomes less popular than bitcoin. Give it to your grandkids if you have to. Do not sell your freedom.
I believe so much in BTC and its freedom, but i don't think BTC can ever be more popular than fiat in terms of a payment method, fiat is what most of the world knows and it is not going to change. BTC is a currency and an asset that is free of any central control, and it would be more popular only amongst the people who want to control their finances themselves, but such people are in the minority.
Currently it is a minority, people who need the freedom to control their own money, but I am sure that in the future that freedom will be a priority.  Because it is still the transition period to the digital era.  Fiat money still dominates the payment method, but in 10 years, it's possible that everything could change.

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Re: Don't forget to HODL your BTC!
« Reply #43 on: June 20, 2024, 05:09:18 PM »
Title.

Whales are going to start selling like last cycle. (If they haven't already.  ::))

Don't fall for the trap. Don't sell unless you absolutely have to!

Bitcoin is freedom. Do not sell your freedom. HODL it until fiat becomes less popular than bitcoin. Give it to your grandkids if you have to. Do not sell your freedom.

I just think that no matter what you tell people about buying and selling of Bitcoin, those who have plans from the beginning to sell are going to sell and those who have plans to hold for long term are going to hold regardless of the condition of the markets. The cycle of Bitcoin has been like that and it will be but the smart ones who sell low buy back again to have more quantity of Bitcoin.

Another thing I will agree with you on this selling off of the Bitcoin is that I think this selling of Bitcoin is done deliberately by the whales to change the trend from bull run from bear market. If you notice before even the bull run, there hasn't been any bad news buy let's see if this is the end of this cycle is comfirm, that's when the bad news will start to come front.
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Re: Don't forget to HODL your BTC!
« Reply #44 on: June 21, 2024, 12:46:04 AM »
The next 1.5 years are crucial for Bitcoin holders. If you aren't new to crypto space, you should know that. I don't remember Bitcoin breaking it's previous ATH before the halving. But this time, Bitcoin did it. We did not have ETF approval last time. But we have ETF now, and the awareness of Bitcoin has spread out a lot more than before.

If you did not bought your BTC at new ATH, you are still in profit. Even if you bought at ATH, you are not too much down yet. Bitcoin could move that much in a single week. So, there is nothing better than Holding at this moment.

Yeah, it's like every bull run there are scenarios that really push the price to a new all time high, 2017, we have CME and CBoE. And then in 2020-2021, pandemic happens, we really don't know what's going to happen as we are in the lockdown, and yet in November 2021, we have reach new all time high.

Similar in today, pre-halving reaching new all time high, we have the ETF Spot approval and there could be news in the future that will influence the price to reach new all time high in this bull run. So it is better to continue what we have done, accumulate more BTC and then just be a long term HODler.

 

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