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Author Topic: Don't forget to HODL your BTC!  (Read 12390 times)

Offline MUGNIA

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Re: Don't forget to HODL your BTC!
« Reply #105 on: July 13, 2024, 04:37:16 PM »
No doubt, hodl is gold, it is the key to every successful investor. As the saying goes, as long as you are hodling Bitcoin for long, you'll be at profit. You only lose when you decide to sell at a loss price. Side that, you will always end up at a profit if you can be patient, have a long term target, and trust the market movement whether bearish or bull.
If we are holding good coins, we can say "hold is gold". But if we are holding random coins, hold can result in nothing. For Bitcoin, I can agree that it is the right way to hold it for a long time. People are holding Bitcoin for 3-4 years at least. And few people may consider to hold until 10 years. There is nothing wrong to hold Bitcoin for a long time. But I think we must still always update the information about the market condition. Sometimes the news/issues can ruin everything.
So in conclusion, the word HOLD is good for coins that have value and can be relied on for the long term, right?
If you hold BTC and other top coins, it will definitely provide multiple profits if we buy at the right time and sell at the right time.

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Re: Don't forget to HODL your BTC!
« Reply #105 on: July 13, 2024, 04:37:16 PM »

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Re: Don't forget to HODL your BTC!
« Reply #106 on: July 13, 2024, 07:35:01 PM »
As a matter facts, Hold is the main game on the he crypto space, though every has he/her crypto strategies. In my opinion, whether the whales like it or not, many crypto enthusiast, traders, investor are all used to whales trying to gain control of the market at all cost. I will advise Btc holders to keep Hodl till a good ground to take profits.

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Re: Don't forget to HODL your BTC!
« Reply #106 on: July 13, 2024, 07:35:01 PM »

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Offline dekafee79

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Re: Don't forget to HODL your BTC!
« Reply #107 on: July 14, 2024, 11:56:10 AM »
As a matter facts, Hold is the main game on the he crypto space, though every has he/her crypto strategies. In my opinion, whether the whales like it or not, many crypto enthusiast, traders, investor are all used to whales trying to gain control of the market at all cost. I will advise Btc holders to keep Hodl till a good ground to take profits.
Hold is still the right choice in investing in Crypto, by buying when bearishing and selling when bullish is the safest strategy because if you do not have trading capacity you should not be done because this is more risky. I have bitcoin and will hold it until next year, because this is a long time so we have to prepare funds that are really unused in the near future.

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Re: Don't forget to HODL your BTC!
« Reply #108 on: July 14, 2024, 02:30:50 PM »
Don't forget to HODL your BTC!
The roll of Bitcoin price can be exciting and also scary. But it is a good strategy for those who believe in the future. HODLing does not mean just ignoring the market. One has to understand Bitcoin's potential to disrupt traditional finance and the digital future. When the coin price drops, it might be tempting to sell the coin in panic. But history shows that Bitcoin has a record of bouncing back, which takes us to new heights. If there are no dramatic events in the market, then the coin held in 2023 will give us good profits in 2025.
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Offline bitbit97

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Re: Don't forget to HODL your BTC!
« Reply #109 on: July 14, 2024, 02:52:15 PM »
I would be really interested in finding out, what people prefer to do with their Bitcoin. Holding, trading or selling at specific price? Imo I dont think that people sell much, but rather prefer to hold. Trading also isnt the most popular option, as I think people prefer cheaper and faster blockchains. Which means that many dont forget to hold, but hold all the time instead.
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Re: Don't forget to HODL your BTC!
« Reply #110 on: July 14, 2024, 02:59:37 PM »
As a matter facts, Hold is the main game on the he crypto space, though every has he/her crypto strategies. In my opinion, whether the whales like it or not, many crypto enthusiast, traders, investor are all used to whales trying to gain control of the market at all cost. I will advise Btc holders to keep Hodl till a good ground to take profits.
When talking about BTC, keeping Hodl until a certain target is a good choice. I also remain strong in hodling the bitcoins that I have collected because I think everyone is also optimistic about the future of bitcoin which could have a much bigger increase. We can see the fact that even after the German government finished selling all their BTC holdings, the Bitcoin price did not fall too far. Because large institutions and ordinary people also continue to collect bitcoins and always collect them every time there is a correction in the market.

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Re: Don't forget to HODL your BTC!
« Reply #111 on: July 14, 2024, 03:31:33 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.
As much as I agree with you, I see want to say don't you think that some day in the far away future, some newer and better technology might emerge that may likely render bitcoin not so valuable as we are all thinking it will be in the coming future?

Now, don't misunderstand me, I am not a bitcoin hater and neither am I trying to be pessimistic about the future of bitcoin, you know in my place, it is often said that "when you think about the good, also think about that bad, for either of this two can end up being the reality", so thinking about this two and preparing adequately for both(just incase any of it happens) helps us to stay a loop and don't get caught up in an unforseen situation.

What if bitcoin never makes it to $500,000 in the future? As many are even speculating that in the future, 1 bitcoin can worth up to a million dollars?...
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Re: Don't forget to HODL your BTC!
« Reply #111 on: July 14, 2024, 03:31:33 PM »


Offline Ricardo11

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Re: Don't forget to HODL your BTC!
« Reply #112 on: July 14, 2024, 05:06:59 PM »
Bitcoin is one such currency, whose market can be excited at any time, and it will bring us huge profits. Bitcoin is a very dynamic currency, its value can go up at any time and it can also go down at any time. But those who believe in the positive future of Bitcoin and hold it may benefit in the future. If the price falls, panic holding should be as far away from the closing as possible. Every ups and downs of Bitcoin should be viewed in a positive mind. And in any case you will attract yourself to buy more at Bitcoin. Only then we will get good profit from it.
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Re: Don't forget to HODL your BTC!
« Reply #113 on: July 14, 2024, 05:16:54 PM »
Often we find market movements like this where the price of Bitcoin decreases so many people panic about this... but I agree with the opinion above, because in trading we have to be patient and don't panic if we find something like this, the important thing is we have to be smart. in dealing with it... in a trade there must be losses and profits, everyone will experience it, friends!!
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Re: Don't forget to HODL your BTC!
« Reply #114 on: July 14, 2024, 06:34:03 PM »
Often we find market movements like this where the price of Bitcoin decreases so many people panic about this... but I agree with the opinion above, because in trading we have to be patient and don't panic if we find something like this, the important thing is we have to be smart. in dealing with it... in a trade there must be losses and profits, everyone will experience it, friends!!
panic will always occur, especially for beginners, they will definitely be afraid of deeper losses, even though after there is a decline there will definitely be an increase later, but as you said we need patience to wait for it, so that we can get profits again, not losses.

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Re: Don't forget to HODL your BTC!
« Reply #115 on: July 14, 2024, 06:45:19 PM »
Never exiting fully is always a good strategy and as well you need to know its crypto market holding some stable money for emergencies is a wise move, You never know about the top and bottom so always carry some stable crypto assets.

Holding is the mind game. Trading can cost you heavy loss if you are not skilled in it.
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Re: Don't forget to HODL your BTC!
« Reply #116 on: July 14, 2024, 07:58:47 PM »
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Re: Don't forget to HODL your BTC!
« Reply #117 on: July 14, 2024, 07:59:54 PM »
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Re: Don't forget to HODL your BTC!
« Reply #118 on: July 14, 2024, 08:05:24 PM »
Hold is gold. Who bought Bitcoin from any price he has been profited. Because only few days ago Bitcoin price touched new ATH and $73k. So if now Anyone buy bitcoin now he also will be profited in future there has bo doubt.

So i want to tell again hold is gold. So i will tell everyone who has ability to buy Bitcoin and holding. He can do it,. In future bull session he will be huge profitable there has no doubt.

I'm not sure if this is applicable to most buyers. I came across a thread where a guy was lamenting that Bitcoin is dumping that he bought somewhere around 70k and he is planning on holding but he is scared already that Bitcoin is dumping and he doesn't seem to see any sign of recovery yet, I expect there are more newbies that bought Bitcoin at the all time high that are not in profit yet but if they hold and be patient, they will definitely get profits because Bitcoin has a way it find it's way up there again and again no matter the condition of the market.

I totally get it! It can be highly stressful to purchase Bitcoin, especially if you invested when their price is at its peak and especially to beginners who have not been through appropriate trials and errors or have not properly researched the market before venturing into it. But here’s the thing, Bitcoin investment is a long game, you know? It’s like a yoyo or a rollercoaster experience, sometimes it’s high and sometimes it’s low, sometimes it seems to be moving upwards and sometimes downwards.

However, if you remain patient and just wait and wait and wait, indeed you can wait your way to recovery. Do not be discouraged if it takes some time to begin earning a profit. Don’t let the short term noise blind you from the long term vision that caused you to invest in the first place.
Every people are profited who invested on Bitcoin when Bitcoin price was low. Because we saw new ATH for bitcoin. So it is also true who will invest now in this down market he also will be profitable there has no doubt.

So my advice anyone can buy Bitcoin now in this down market. Who willl invest now and hold it tightly he will be must profitable. And i think at list 2x profit he will be receive.
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Offline dekafee79

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Re: Don't forget to HODL your BTC!
« Reply #119 on: July 16, 2024, 06:14:03 PM »

Every people are profited who invested on Bitcoin when Bitcoin price was low. Because we saw new ATH for bitcoin. So it is also true who will invest now in this down market he also will be profitable there has no doubt.

So my advice anyone can buy Bitcoin now in this down market. Who willl invest now and hold it tightly he will be must profitable. And i think at list 2x profit he will be receive.
Buying Bitcoin when the price is still below is the right choice, but more precisely if we buy it last year, if now we can only buy when the market is corrected. At that time I would buy potential Altcoin and add to my coin collection. The price of bitcoin is already high, so I don't add to my bitcoin collection that I bought last year.

 

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