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Author Topic: Don't forget to HODL your BTC!  (Read 12414 times)

Online Crypto Library

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Re: Don't forget to HODL your BTC!
« Reply #60 on: June 27, 2024, 09:44:54 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 far as I know that German government was supposed to sell a large amount of Bitcoin.  I don't know if they sold that bitcoin though.  Currently, the market has seen a correction since Bitcoin fell below 60K three days ago.  Now maybe the fear level will be up and because of this most of the traders will sell with wrong decision. 
And as a result we will see correction in the market for some time.  And now it will be wisest to do new add option without selling holding fund.  Because exploiting such corrections is the job of a professional trader or bitcoin holder.  According to my strat if bitcoin goes to 58k then I will add another stage option.

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Re: Don't forget to HODL your BTC!
« Reply #60 on: June 27, 2024, 09:44:54 AM »

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Offline Uruhara

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Re: Don't forget to HODL your BTC!
« Reply #61 on: June 27, 2024, 09:59:54 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.
well if it is bitcoin then there is no need to be afraid to continue holding it. Although currently several fuds continue to be present in the midst of a market correction. Whether it's about Mt.Gox or even other fuds. But that's something that usually happens in the market and we have to stay strong.

Oh yes, other fud news is also spreading at the moment, small examples include a wallet belonging to the US government which is also reported to have moved and sent around 3940 BTC to Coinbase. And maybe the bitcoin will be sold. 1

----------------
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1. https://coinvestasi.com/berita/pemerintah-as-terindikasi-akan-jual-bitcoin-senilai-rp4-triliun

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Re: Don't forget to HODL your BTC!
« Reply #61 on: June 27, 2024, 09:59:54 AM »

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Offline bitterguy28

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Re: Don't forget to HODL your BTC!
« Reply #62 on: June 28, 2024, 04:07:12 PM »
I will keep looking for my dream 6 digit value

Stay diamond handed and look for that 7 digit value instead. It'll happen sooner than you think. Singular bitcoins are going to be worth millions a piece one day. We are just in the beginning, lol!  :D
In this I will decide when I crossed the bridge mate .

7 digits seems to be far from my target amount and my plans for the future mate but Never that I doubt about  bitcoin hitting 7digits but I believe we have to decide for the betterment .

And also I am willing to  take a rest for something i knew will happen like Selling my funds for a while when the market is dumping then consider buying again once the price hits the lowest .

Offline Hamza2424

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Re: Don't forget to HODL your BTC!
« Reply #63 on: June 28, 2024, 10:10:01 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 think so we have already in the distribution zone from the time we broke through the 50k range, as the distribution zone represents the transfer of supply from the whales towards the retail investors, where whales book their profits and at the same time newborns in the market or, seasonal investors accumulate. for Phase One I think this correction and the last correction can be considered as the Distribution from the whales, not the entire market moves on it but mostly this s how it works.
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Offline famososMuertos

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Re: Don't forget to HODL your BTC!
« Reply #64 on: June 28, 2024, 10:24:15 PM »
...//:::
...//:::... it but mostly this s how it works.

I respect your opinion, but I don't share it, especially if you sign it as ""this is how it works".

You have sensations, and! you think "that is a group's tendency," but fortunately it is not the way it should be, or taken as the magic formula of why the market behaves in one way or another.

On the other hand, I hope those who like to sell bitcoin never cease to exist, nowadays times have changed, the hodl is good for those who do it on an individual level, but that is not the reason why we are all here, fortunately, consequently the sale and buying bitcoin is the oxygen for those guys who love to hodl. So turn the page, good bye that paradigm...

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Offline Hamza2424

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Re: Don't forget to HODL your BTC!
« Reply #65 on: June 28, 2024, 11:16:10 PM »
I respect your opinion, but I don't share it, especially if you sign it as ""this is how it works".

You have sensations, and! you think "that is a group's tendency," but fortunately it is not the way it should be, or taken as the magic formula of why the market behaves in one way or another.

On the other hand, I hope those who like to sell bitcoin never cease to exist, nowadays times have changed, the hodl is good for those who do it on an individual level, but that is not the reason why we are all here, fortunately, consequently the sale and buying bitcoin is the oxygen for those guys who love to hodl. So turn the page, good bye that paradigm...

TBH there's no problem if you don't in the same way as others, even it's good for both...

but here I don't know what you are saying, that you don't agree with me most likely it will be for the point of distribution phase I've explained. I've mishandled a little here quoted the entire post where my post was for the particular first sentence even if it matches with the rest as well.

Would please elaborate, more on it as I would love to see your views on it just for the sake of educational purposes. Hodl is good, but if you are an active accumulator or cycle accumulator, it's not as efficient if you are experienced as in most of the scenarios just holding won't help you make higher accumulations. I always suggest newbies to buy and hodl as it's safe for them especially when we are talking about BTC.

I'll elaborate my views further but I would love to hear a little from your side first.
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Offline SamReomo

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Re: Don't forget to HODL your BTC!
« Reply #66 on: June 28, 2024, 11:28:50 PM »
And also I am willing to  take a rest for something i knew will happen like Selling my funds for a while when the market is dumping then consider buying again once the price hits the lowest .
That's not a good approach because by doing that you may end up selling your holdings at loss and not be able to buy it again.

No one knows when a coin is at its lowest and that's why when market is dumping one should hold their coins and when market pumps then one should sell their coins and wait for more dumps to buy more coins at cheap rates.
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Re: Don't forget to HODL your BTC!
« Reply #66 on: June 28, 2024, 11:28:50 PM »


Offline bitterguy28

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Re: Don't forget to HODL your BTC!
« Reply #67 on: June 29, 2024, 07:12:49 AM »
And also I am willing to  take a rest for something i knew will happen like Selling my funds for a while when the market is dumping then consider buying again once the price hits the lowest .
That's not a good approach because by doing that you may end up selling your holdings at loss and not be able to buy it again.
wait what? selling at loss? can you elaborate what does that mean ? because what is a loss when i sold my coins when the price is DUMPING not dumped which means i already have gain much from my buying point .

sorry but you seems to does not get what I mean in that part.

Quote
No one knows when a coin is at its lowest and that's why when market is dumping one should hold their coins and when market pumps then one should sell their coins and wait for more dumps to buy more coins at cheap rates.
lol  LOWEST AT LEAST FOR ME ,  who cares for how much is the lowest from others ? this is my funds and I am the one who can tell when is the highest and when is the lowest .

Offline SamReomo

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Re: Don't forget to HODL your BTC!
« Reply #68 on: June 29, 2024, 09:17:54 PM »
wait what? selling at loss? can you elaborate what does that mean ? because what is a loss when i sold my coins when the price is DUMPING not dumped which means i already have gain much from my buying point .
Okay now I got your point but how can you be sure when price is dumping and you sell it before dump? Or you may sell it when it dumps a little and re accumulate more of it when it dumped a lot? Can you kindly elaborate your strategy with examples?
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Offline Jamal Aezaz

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Re: Don't forget to HODL your BTC!
« Reply #69 on: June 29, 2024, 09:19:56 PM »
That's not a good approach because by doing that you may end up selling your holdings at loss and not be able to buy it again.

No one knows when a coin is at its lowest and that's why when market is dumping one should hold their coins and when market pumps then one should sell their coins and wait for more dumps to buy more coins at cheap rates.

One should never sell his coins when the price is reduced because the losses are not easy to recover back and in case of top coins the loss is always very big therefore use your mind not your emotions.

People have no idea what cost is the lowest cost but it is easy to predict what percentage you are at a loss or win so by keeping your winning or losing in mind you can easily decide to sell or hold your coins. Take your profit and invest the remaining amount in another bear season because bull season is not good for making investments but it is to take your winning prizes.
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Offline SamReomo

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Re: Don't forget to HODL your BTC!
« Reply #70 on: June 29, 2024, 09:30:44 PM »
One should never sell his coins when the price is reduced because the losses are not easy to recover back and in case of top coins the loss is always very big therefore use your mind not your emotions.
Very true, in crypto market selling your coins at loss is the worst thing one can do. But if someone has set stop loss then its okay because he/she can accumulate more of that coin when it dumps 5% to 10%.

I always try to buy coins when market is stable and if any of my trades go wrong then I do hedging as that allows me to recover the losses that happened due to price drop of a coin.

Hedging works sometimes and sometimes it doesn't work, that's why one should always buy coins when market is stable or there's a big dump.
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Offline JISAN

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Re: Don't forget to HODL your BTC!
« Reply #71 on: June 29, 2024, 09:34:38 PM »
wait what? selling at loss? can you elaborate what does that mean ? because what is a loss when i sold my coins when the price is DUMPING not dumped which means i already have gain much from my buying point .
I have a question like yours, how can you correctly understand that the market will really dump now? Do you identify it yourself by doing market analysis or something else? I also try to analyze the market. Sometimes it's right and sometimes it's not, so I'm wasting a lot. After dumping, I try to recover my loss, sometimes recovery happens and sometimes there is no recovery. I would appreciate it if you could share how you do it.
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Offline pieppiep

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Re: Don't forget to HODL your BTC!
« Reply #72 on: June 30, 2024, 02:45:31 PM »
wait what? selling at loss? can you elaborate what does that mean ? because what is a loss when i sold my coins when the price is DUMPING not dumped which means i already have gain much from my buying point .
I have a question like yours, how can you correctly understand that the market will really dump now? Do you identify it yourself by doing market analysis or something else? I also try to analyze the market. Sometimes it's right and sometimes it's not, so I'm wasting a lot. After dumping, I try to recover my loss, sometimes recovery happens and sometimes there is no recovery. I would appreciate it if you could share how you do it.
Actually, no one can predict what price movements will occur in the future, but when we look at the price of Bitcoin which has reached a new ATH in the last month, we can see the history of Bitcoin price movements every time it reaches a new ATH, the next movement will be a significant price decline. in. This method is not completely accurate, but it can help us determine what Bitcoin price movements will be like in the future.

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Re: Don't forget to HODL your BTC!
« Reply #73 on: June 30, 2024, 07:05:54 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.
well if it is bitcoin then there is no need to be afraid to continue holding it. Although currently several fuds continue to be present in the midst of a market correction. Whether it's about Mt.Gox or even other fuds. But that's something that usually happens in the market and we have to stay strong.

Oh yes, other fud news is also spreading at the moment, small examples include a wallet belonging to the US government which is also reported to have moved and sent around 3940 BTC to Coinbase. And maybe the bitcoin will be sold. 1

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Reference:
1. https://coinvestasi.com/berita/pemerintah-as-terindikasi-akan-jual-bitcoin-senilai-rp4-triliun


In fact, for people who have steadfastness and belief in the value of the profits provided by BTC, any fud will not affect the whales who are loyal to BTC, of course.

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Re: Don't forget to HODL your BTC!
« Reply #74 on: July 01, 2024, 09:42:55 AM »
Bitcoin is a great asset.I think there is no more wealth on bitcoin because this bitcoin from history is still in its own place and the market value of bitcoin has gradually increased.Again, its market is a bit bad at present.But it won't last for long. That's why Bitcoin is so popular.There are many people who have been holding this Bitcoin for a long time now they are able to sell it at a very good price.There are many who have wealth but are afraid to invest it.But they can expect good things if they stay patient for a long time by investing Bitcoin without fear.

 

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