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Author Topic: Don't forget to HODL your BTC!  (Read 12391 times)

Offline Jamal Aezaz

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Re: Don't forget to HODL your BTC!
« Reply #45 on: June 21, 2024, 02:41:08 PM »
Bitcoin holding is full of fruitful outcomes and those who hold it when whales are selling it on a huge scale will be profitable because they minimize their panic sell and trust the situation by holding it longer to see another pump.

One cannot deny that only holding can make you profitable with Bitcoin investment but it is also clear that fiat has its own use cases and value so it cannot be displaced by anything else so I think we should give value to both of them instead of preferring anyone.
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Re: Don't forget to HODL your BTC!
« Reply #45 on: June 21, 2024, 02:41:08 PM »

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Online God Of Thunder

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Re: Don't forget to HODL your BTC!
« Reply #46 on: June 21, 2024, 05:35:48 PM »
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.

The Market becomes extremely unpredictable and nobody knows what is going to happen next. I feel like the Whales are playing with the market at this moment. The BTC market is relying on the American Spot ETF market. Net inflow in the ETF market means there will be a little pump and Net Outflow means there will be a dump. It pretty much fully depends on the ETF market.

I haven't seen Bitcoin Moving opposite direction of the ETF market since the approval. So, yeah, these companies are moving the market and making it more centralized. They can do whatever they want. If a company dump their 50% shares, we are dead.
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Re: Don't forget to HODL your BTC!
« Reply #46 on: June 21, 2024, 05:35:48 PM »

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Offline pieppiep

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Re: Don't forget to HODL your BTC!
« Reply #47 on: June 23, 2024, 08:22:49 PM »
Bitcoin holding is full of fruitful outcomes and those who hold it when whales are selling it on a huge scale will be profitable because they minimize their panic sell and trust the situation by holding it longer to see another pump.

One cannot deny that only holding can make you profitable with Bitcoin investment but it is also clear that fiat has its own use cases and value so it cannot be displaced by anything else so I think we should give value to both of them instead of preferring anyone.
By holding Bitcoin in this way we can find the right time to sell Bitcoin at the price we want. Sometimes those who panic when they see Bitcoin price movements going down are those who use money that will be used in the near future but are used to buy Bitcoin . So in the end he panicked and didn't make a profit, he would only suffer a loss because he sold Bitcoin at a cheap price.

Offline UNIVERSE

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Re: Don't forget to HODL your BTC!
« Reply #48 on: June 23, 2024, 09:31:20 PM »
The Market becomes extremely unpredictable and nobody knows what is going to happen next. I feel like the Whales are playing with the market at this moment. The BTC market is relying on the American Spot ETF market. Net inflow in the ETF market means there will be a little pump and Net Outflow means there will be a dump. It pretty much fully depends on the ETF market.
Crypto market will be always unpredictable, that's why investing in crypto is high risk. Sure, group of whales are trying to take the advantage of every moment on the market. They have the power to shake the market, so they are trying to influence the price movement. However, they can't influence the market for the long run, they only shake the market temporary. If the market often dropped recently, just be optimistic that it won't last a long time.

The hype of ETF market is over, I think there is no impact of ETF market for now. What pump do you mean? In the last few days, we have no pump at all. I think this bad situation in the market may last until the end of the month.

I haven't seen Bitcoin Moving opposite direction of the ETF market since the approval. So, yeah, these companies are moving the market and making it more centralized. They can do whatever they want. If a company dump their 50% shares, we are dead.
We are dead? Please explain more?
I think crypto world doesn't totally depend on ETF market. We can continue this bullish season without the influence ETF market. I don't understand about the opposite direction you mean, but crypto market already experienced both red and green after the approval of ETF market. I think it is normal, nothing we must be so worried.


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Re: Don't forget to HODL your BTC!
« Reply #49 on: June 24, 2024, 12:31:28 PM »
We are dead? Please explain more?
I think crypto world doesn't totally depend on ETF market. We can continue this bullish season without the influence ETF market. I don't understand about the opposite direction you mean, but crypto market already experienced both red and green after the approval of ETF market. I think it is normal, nothing we must be so worried.

I am sure you didn't get what I meant. Have you ever seen a Net outflow in the Spot ETF market and BTC pumped on that day? The current market movement is happening based on the spot ETF movements. If there are Net outflow on the spot ETF market, Bitcoin dumps. If there are Net inflow in the ETF market, Bitcoin pumps. That is what happening since the ETF approval. You have seen the opposite, feel free to share when you have seen this. I am ready to check.

If a ten thousand Bitcoin selling pressure can dump the market by 10%, then imagine what will happen if a company decides to sell its 50% holdings in a week or so. This is what I referred to by saying we are dead. Of course, Bitcoin will recover over time. But it's getting centralized every day.
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Re: Don't forget to HODL your BTC!
« Reply #50 on: June 24, 2024, 04:37:37 PM »
By holding Bitcoin in this way we can find the right time to sell Bitcoin at the price we want. Sometimes those who panic when they see Bitcoin price movements going down are those who use money that will be used in the near future but are used to buy Bitcoin . So in the end he panicked and didn't make a profit, he would only suffer a loss because he sold Bitcoin at a cheap price.
Besides using money for near future purpose it could be they are not have good knowledge about Bitcoin market so every decrease make them panic or could be the money isnot amount they can afford to lose.
I'm always think that person who want to invest in Bitcoin should be meet their main needs and use the rest of money they have so they cannot be hurry to sell or make them sell in lose conditions.
Having Bitcoin is good moreover hold for long term but just assure know the matket work and calm see Bitcoin movement and stick with the target.
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Re: Don't forget to HODL your BTC!
« Reply #51 on: June 24, 2024, 06:53:01 PM »
The situation on the market today is a good reminder to hold bitcoin. I have read, that this fall was triggered by another announcement to make Mt.Gox funds compensation repayment in the start of July. Sounds like another excuse to win time, even though it has worked again and people started selling and triggered panic sales.

Hold and trade only in urgent case. Or if you have reached your investing strategy finish.
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Re: Don't forget to HODL your BTC!
« Reply #51 on: June 24, 2024, 06:53:01 PM »


Offline Makus

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Re: Don't forget to HODL your BTC!
« Reply #52 on: June 24, 2024, 09:25:19 PM »
Bitcoin holding is full of fruitful outcomes and those who hold it when whales are selling it on a huge scale will be profitable because they minimize their panic sell and trust the situation by holding it longer to see another pump.

One cannot deny that only holding can make you profitable with Bitcoin investment but it is also clear that fiat has its own use cases and value so it cannot be displaced by anything else so I think we should give value to both of them instead of preferring anyone.

I believe most investors sell their bitcoin because of the fear of Bitcoin experiencing a massive dump that could lead to the crash of the network, but this is very impossible considering the amount of reputation Bitcoin network has built for itself. Holding Bitcoin is really easy and stress free, it's unlike selling and buying in small dips and bull which could be very risky. Having good understanding of Bitcoin network will definitely structure the mindset of investors and then they'll see that there is no point in selling their coins at dips. All you need as an investor is patient and discipline. Having set aside an emergency fund is also a good idea that will help keep your investment intact.
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Re: Don't forget to HODL your BTC!
« Reply #53 on: June 25, 2024, 01:40:16 PM »
I believe most investors sell their bitcoin because of the fear of Bitcoin experiencing a massive dump that could lead to the crash of the network, but this is very impossible considering the amount of reputation Bitcoin network has built for itself. Holding Bitcoin is really easy and stress free, it's unlike selling and buying in small dips and bull which could be very risky. Having good understanding of Bitcoin network will definitely structure the mindset of investors and then they'll see that there is no point in selling their coins at dips. All you need as an investor is patient and discipline. Having set aside an emergency fund is also a good idea that will help keep your investment intact.

Perhaps that's the reason why having good understanding about Bitcoin is very important so that it will be very difficult for the person to panic during his Bitcoin holding, however I noticed that most people who do not really no Bitcoin that well easily get manipulated by people or wrong news about Bitcoin because the rate at which most people talk about Bitcoin and the price fluctuations someone who doesn't understand it may easily get affected.

So as an investor patients and consistency is a very good factor that could determine the success of there investment, perhaps that's why in as much as the major goals of all the Bitcoin investors is for profit making but at least it should be that the person has a passion for the investment because that alone will change the narrative of that person in a way that no matter the situation of the Bitcoin price they will never get panicked.

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Re: Don't forget to HODL your BTC!
« Reply #54 on: June 25, 2024, 06:36:59 PM »
-snip-
So as an investor patients and consistency is a very good factor that could determine the success of there investment, perhaps that's why in as much as the major goals of all the Bitcoin investors is for profit making but at least it should be that the person has a passion for the investment because that alone will change the narrative of that person in a way that no matter the situation of the Bitcoin price they will never get panicked.
Patience and consistency must also be supported by the remaining money reserves, if there are no reserves then there will be no buybacks.
By carrying out management, DCA will be implemented according to the plan.

There would be no panic if everything went according to plan and the people they just didn't have any reserves anymore to buy at a cheaper price.

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Re: Don't forget to HODL your BTC!
« Reply #55 on: June 25, 2024, 07:21:39 PM »
Please hold BTC for the future. Thinking about the future of your family and your old age, do the holding. When you don't have the earning power, your current holdings will serve you well. So don't worry about earning from Bitcoin, start holding now for a bright future in your old age.
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Re: Don't forget to HODL your BTC!
« Reply #56 on: June 26, 2024, 12:02:20 AM »
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.
As a newbie to bitcoin investment,  is very important to have that basic knowledge amd conviction in bitcoin,  and not to panic when the market dropped drastically,  some times we get caught up in the middle when we act with emotions,  bitcoin is best held for long term and best way to stay motivated and safe is to always look away from the market because when we look away from bitcoin market we may even not get to know when there is a drastic drop in our Portfolio because if price fall or any whale actions.

Most importantly, holding the amount of bitcoin you can afford to lose is also very important,  because by so doing you can easily continue to hold the bitcoin even when the market is against you as a holder.

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Re: Don't forget to HODL your BTC!
« Reply #57 on: June 26, 2024, 02:38:32 AM »
Please hold BTC for the future. Thinking about the future of your family and your old age, do the holding. When you don't have the earning power, your current holdings will serve you well. So don't worry about earning from Bitcoin, start holding now for a bright future in your old age.

I think it's best to understand that doing holdings of a very little amount won't yield a good result later on in the future. What I mean is that, don't just invest about $20--$100, and expect it to change your financial story after few years. Bitcoin investment should be done with the appropriate strategies like DCA and others, but in a continuous manner/order. Your accumulation over the years will have a say in what you get in the future.

As a newbie to bitcoin investment,  is very important to have that basic knowledge amd conviction in bitcoin,  and not to panic when the market dropped drastically,  some times we get caught up in the middle when we act with emotions,  bitcoin is best held for long term and best way to stay motivated and safe is to always look away from the market because when we look away from bitcoin market we may even not get to know when there is a drastic drop in our Portfolio because if price fall or any whale actions.

Most importantly, holding the amount of bitcoin you can afford to lose is also very important,  because by so doing you can easily continue to hold the bitcoin even when the market is against you as a holder.

Having a basic knowledge is very important, and it shouldn't be a debate to contemplate on by anyone who wants to associate with Bitcoin. And also, Bitcoin price can be very volatility, thereby resulting to both profit and lose, but it's important for someone who is hodling to maintain his/her composure and keep hodling, regardless of market condition. The longer we hodl, the more value our portfolio gets.
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Re: Don't forget to HODL your BTC!
« Reply #58 on: June 27, 2024, 07:06:59 AM »
Bitcoin holding is full of fruitful outcomes

Yes. It teaches you patience, commitment, financial responsibility, and so much more. As crazy as it sounds, holding Bitcoin can literally turn you into a better person than before. I'm not saying that Bitcoin is a key to becoming a better person, it's just a perk that comes with being diamond handed  8).

I wonder what is the best way to teach an average person this mindset, without them being poisoned by stupid nonsense in the media manipulating their buy/sell decision making...
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Re: Don't forget to HODL your BTC!
« Reply #59 on: June 27, 2024, 07:37:12 AM »
Bitcoin holding is full of fruitful outcomes

Yes. It teaches you patience, commitment, financial responsibility, and so much more. As crazy as it sounds, holding Bitcoin can literally turn you into a better person than before. I'm not saying that Bitcoin is a key to becoming a better person, it's just a perk that comes with being diamond handed  8).

Patience is not a problem anywhere you can, especially when it comes to investing.  Because here you put the money in Bitcoin, if you think it is possible to get the most profit.  Because for a long time Bitcoin has remained faithfully in the market,



I wonder what is the best way to teach an average person this mindset, without them being poisoned by stupid nonsense in the media manipulating their buy/sell decision making...

Buy Bitcoins to get more success in the future.  A person who has invested in Bitcoin must be self-reliant, as 2025 is likely to be the peak Bitcoin pumping.  Because the Bitcoin halving has taken place in 2024, the bull run is just waiting to begin in 2025.  So the current Bitcoin price is within the control of every investor and the dip is going on, investing in Bitcoin at the current time will definitely set you up for maximum profit.
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