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Author Topic: Don't forget to HODL your BTC!  (Read 12345 times)

Offline 0t3p0t

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Re: Don't forget to HODL your BTC!
« Reply #120 on: July 16, 2024, 06:25:14 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.
Maybe you already have enough Bitcoin hodlings for future purposes that is why you are not buying anymore or atleast DCA. but yeah some investors wait for healthy pullbacks to place a buy entry so they can have additional coins on their portfolio but in my case I can't do like long term hodling and I also have no capital to buy but signature campaign rewards are good enough for me to accumulate a portion of Bitcoin that can be withdrawn later on for my priorities that is why it is hard for me to hodl.

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Re: Don't forget to HODL your BTC!
« Reply #120 on: July 16, 2024, 06:25:14 PM »

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Offline dekafee79

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Re: Don't forget to HODL your BTC!
« Reply #121 on: July 17, 2024, 01:33:08 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.
Maybe you already have enough Bitcoin hodlings for future purposes that is why you are not buying anymore or atleast DCA. but yeah some investors wait for healthy pullbacks to place a buy entry so they can have additional coins on their portfolio but in my case I can't do like long term hodling and I also have no capital to buy but signature campaign rewards are good enough for me to accumulate a portion of Bitcoin that can be withdrawn later on for my priorities that is why it is hard for me to hodl.
By collecting Rewrads from Signature Campaign, you can also buy Bitcoin and Hold It. If your funds are not used for your life needs. To be honest, I have never used Crypto funds to meet the real world needs, that makes my crypto assets always increase from time to time. Because I also make profits from daily trading.

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Re: Don't forget to HODL your BTC!
« Reply #121 on: July 17, 2024, 01:33:08 PM »

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Offline Makus

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Re: Don't forget to HODL your BTC!
« Reply #122 on: July 17, 2024, 02:56:29 PM »
By collecting Rewrads from Signature Campaign, you can also buy Bitcoin and Hold It. If your funds are not used for your life needs. To be honest, I have never used Crypto funds to meet the real world needs, that makes my crypto assets always increase from time to time. Because I also make profits from daily trading.

Its important most persons  stick to their beliefs. Similarly  i see spending crypto  as a way of reducing my discipline and that it could later make me to make withdrawals should in case of any little help. I see crypto more as a form of investment  than a regular  currency for transactions and that has also help me to keep my coins safe rather than spending them. Though most persons  might trash the idea but because  of their  own perspective but sticking to what works best for you is more important. One can also employ the use of DCA to accumulate so it doesn't affect his other financial  needs. Depending on his income he can make use of 10% for his DCA accumulation.
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Re: Don't forget to HODL your BTC!
« Reply #123 on: July 17, 2024, 05:18:58 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.
Whoever had read this post before this dump caused by MT gox and Germany selling might not have sold his assets. Because it was a trap for soft-heartened investors. I don't know for sure but newbies must have panic sell their BTC. BTC is freedom and a long-term investment we should hold some assets for a longer period and should not touch it. To face day-to-day expenses, we should have some assets in liquid form.

People don't care about their grandkids and to be honest, they should care about them but first, they should take care of themselves. Holding BTC only is not going to make you free from financial problems because inflation is increasing dramatically and to face financial problems now days we need more funds.
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Offline dekafee79

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Re: Don't forget to HODL your BTC!
« Reply #124 on: July 18, 2024, 11:56:37 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.
Whoever had read this post before this dump caused by MT gox and Germany selling might not have sold his assets. Because it was a trap for soft-heartened investors. I don't know for sure but newbies must have panic sell their BTC. BTC is freedom and a long-term investment we should hold some assets for a longer period and should not touch it. To face day-to-day expenses, we should have some assets in liquid form.

People don't care about their grandkids and to be honest, they should care about them but first, they should take care of themselves. Holding BTC only is not going to make you free from financial problems because inflation is increasing dramatically and to face financial problems now days we need more funds.
Only newbies panic when they see these conditions, those who have been investing in crypto for a long time will continue to hold their assets when the market experiences a sharp correction. they will choose to wait for the market to improve. This has often happened in the past, so we don't need to panic when we see incidents like this.

Offline Makus

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Re: Don't forget to HODL your BTC!
« Reply #125 on: July 19, 2024, 07:22:22 AM »
Only newbies panic when they see these conditions, those who have been investing in crypto for a long time will continue to hold their assets when the market experiences a sharp correction. they will choose to wait for the market to improve. This has often happened in the past, so we don't need to panic when we see incidents like this.

Market correction and dumps in the eye of cryptocurrency enthusiasts are considered  as opportunity to accumulate more and eventually get more profit when the market price bounces back. Its normal for the market price to experience dumps and sideways trends but newbies would see that a a threat ro there assets, not knowing that Bitcoin is a long term project and no matter the trend, it will always be on the bull when zoomed out from the genesis block until now. However the knowledge I have concerning demand and supply  sharpened my understanding to become a better investor else I would still panic like a newbie whenever a correction occurs.
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Offline Jamal Aezaz

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Re: Don't forget to HODL your BTC!
« Reply #126 on: July 19, 2024, 12:45:21 PM »
Only newbies panic when they see these conditions, those who have been investing in crypto for a long time will continue to hold their assets when the market experiences a sharp correction. they will choose to wait for the market to improve. This has often happened in the past, so we don't need to panic when we see incidents like this.

Newbies panic because they have no idea about the past and they become afraid of losing money when the market dumps as they don't trust crypto investment but I think that if someone does not trust his chosen field then he should not participate because trust is the main cause of one's success.

Experienced investors are not affected with the market changes and no matter how huge a dump and pumps occurs they will wait for their target achievement. In the past everyone experienced that Bitcoin attained the lowest value but it recovered back because it is the feature of Bitcoin to show changes which become a cause of one's success and failure.
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Re: Don't forget to HODL your BTC!
« Reply #126 on: July 19, 2024, 12:45:21 PM »


Online Roseline492

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Re: Don't forget to HODL your BTC!
« Reply #127 on: July 19, 2024, 01:32:52 PM »
By collecting Rewrads from Signature Campaign, you can also buy Bitcoin and Hold It. If your funds are not used for your life needs. To be honest, I have never used Crypto funds to meet the real world needs, that makes my crypto assets always increase from time to time. Because I also make profits from daily trading.

If you have other sources that can take care of your needs that's actually perfect because you will be able to concentrate well on accumulation of Bitcoin, actually is unfortunate that the reason why most people failed to meet up or being consistent on there Bitcoin investment is as a result of depending on there crypto money to sorts out there daily needs instead of channeling it on there Bitcoin investment.

Most individuals who are very successful on there Bitcoin investment started with a good plan by focusing a particular source of income into Bitcoin investment and the remaining source into daily needs that no matter anything they will never touch there Bitcoin investment, however I have also seen some investors who uses the money they benefited from there trading into Bitcoin investment while there normal physical hustle will be on there emergency needs.


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Re: Don't forget to HODL your BTC!
« Reply #128 on: July 19, 2024, 01:42:44 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 totally agree with you! We don't need to go alongside the crowd, especially on spot where there's always possibility to wait it out and see how it goes. The BTC is an asset, which, sooner or later, will pump back up. Patience is key.

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Re: Don't forget to HODL your BTC!
« Reply #129 on: July 21, 2024, 06:59:50 PM »
If you have other sources that can take care of your needs that's actually perfect because you will be able to concentrate well on accumulation of Bitcoin, actually is unfortunate that the reason why most people failed to meet up or being consistent on there Bitcoin investment is as a result of depending on there crypto money to sorts out there daily needs instead of channeling it on there Bitcoin investment.

Most individuals who are very successful on there Bitcoin investment started with a good plan by focusing a particular source of income into Bitcoin investment and the remaining source into daily needs that no matter anything they will never touch there Bitcoin investment, however I have also seen some investors who uses the money they benefited from there trading into Bitcoin investment while there normal physical hustle will be on there emergency needs.
Normally before anyone goes into investment s/he should have an emergency and reserve fund or maybe a fund to help sort al the needs that may arise at the later ends making them to put their investment at the stretch corner where they could get their investment touched whenever there is need to solve with finance.
If all these funds are kept before going into bitcoin investment it would help grow their portfolios. There are people who stick to some principles that has helped build their portfolio massively since they have reserved fund to help finance all their meds when needed.

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Re: Don't forget to HODL your BTC!
« Reply #130 on: July 21, 2024, 08:29:45 PM »
If you have other sources that can take care of your needs that's actually perfect because you will be able to concentrate well on accumulation of Bitcoin, actually is unfortunate that the reason why most people failed to meet up or being consistent on there Bitcoin investment is as a result of depending on there crypto money to sorts out there daily needs instead of channeling it on there Bitcoin investment.

Most individuals who are very successful on there Bitcoin investment started with a good plan by focusing a particular source of income into Bitcoin investment and the remaining source into daily needs that no matter anything they will never touch there Bitcoin investment, however I have also seen some investors who uses the money they benefited from there trading into Bitcoin investment while there normal physical hustle will be on there emergency needs.
Normally before anyone goes into investment s/he should have an emergency and reserve fund or maybe a fund to help sort al the needs that may arise at the later ends making them to put their investment at the stretch corner where they could get their investment touched whenever there is need to solve with finance.
If all these funds are kept before going into bitcoin investment it would help grow their portfolios. There are people who stick to some principles that has helped build their portfolio massively since they have reserved fund to help finance all their meds when needed.
If you invest without having an emergency fund, it will be a little chaotic because it could be that urgent needs require you to sell bitcoin because of these needs, especially since there are no other sources of funds other than those invested in bitcoin, so always planning in advance is better than nothing.

With the funds saved before investing I always separate between the two for at least 3 months to cover the needs of life, the emergency fund can help other needs without disturbing the investment that is being developed.

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Re: Don't forget to HODL your BTC!
« Reply #131 on: July 21, 2024, 11:39:32 PM »
By collecting Rewrads from Signature Campaign, you can also buy Bitcoin and Hold It. If your funds are not used for your life needs. To be honest, I have never used Crypto funds to meet the real world needs, that makes my crypto assets always increase from time to time. Because I also make profits from daily trading.
If you mean the reward of signature campaign paid Bitcoin, we get the payment in Bitcoin, mate. So, we don't need to buy Bitcoin, we only need to hold the Bitcoin. Or we can send the Bitcoin to the more secure wallets. Well, if it is not really urgent, we don't need to sell the Bitcoin because the price of Bitcoin still has a chance to increase higher. However, if it is really urgent, kindly sell the Bitcoin because the urgent matters must be more important.  ;)

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Re: Don't forget to HODL your BTC!
« Reply #132 on: July 22, 2024, 10:13:20 AM »
People who can't risk a small portion of money can't hold Bitcoin. Bitcoin is truly a freedom. Even after achieving this freedom, many could not hold it. Many have tried and are moving forward to realize their dreams despite the cost. Those who are thinking of selling bitcoins are definitely going to lose their wealth because this market will do completely opposite for some investors. Many will get overly worried by seeing a slight decline in the market and think of selling their assets. Those who cannot hold their emotions will surely lose their assets.
I wholeheartedly agree with your opinion. However, this is a new market and has many potential risks. The risk I note here is that lack of understanding of technology can lead to investors being hacked and losing money in hot wallets or cryptocurrency exchanges that are no longer operating. However, Bitcoin is still in the warm-up phase of a longer-term growth cycle rather than its peak. Please zoom out, long-term investing is definitely the right way to do it and brings many benefits!
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Re: Don't forget to HODL your BTC!
« Reply #133 on: July 23, 2024, 08:33:39 PM »
-snip-
The risk I note here is that lack of understanding of technology can lead to investors being hacked and losing money in hot wallets or cryptocurrency exchanges that are no longer operating. However, Bitcoin is still in the warm-up phase of a longer-term growth cycle rather than its peak. Please zoom out, long-term investing is definitely the right way to do it and brings many benefits!
This is the current problem, about the security issue that is ignored by many new users and also old users who do not think about the security of their devices or the wallets they have to store their main assets.

Hacking always happens very easily when the user is careless and unwary.
Now, even hacking can be done in a more sophisticated way.

Holding crypto assets like bitcoin for the long term is the right choice, because with the heating up of the cycle this time, and it will certainly make the market even more excited. It is only necessary to reach a new ATH again and this time it will not be too difficult.

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Re: Don't forget to HODL your BTC!
« Reply #134 on: July 23, 2024, 09:22:25 PM »
-snip-
The risk I note here is that lack of understanding of technology can lead to investors being hacked and losing money in hot wallets or cryptocurrency exchanges that are no longer operating. However, Bitcoin is still in the warm-up phase of a longer-term growth cycle rather than its peak. Please zoom out, long-term investing is definitely the right way to do it and brings many benefits!
This is the current problem, about the security issue that is ignored by many new users and also old users who do not think about the security of their devices or the wallets they have to store their main assets.

Hacking always happens very easily when the user is careless and unwary.
Now, even hacking can be done in a more sophisticated way.

Holding crypto assets like bitcoin for the long term is the right choice, because with the heating up of the cycle this time, and it will certainly make the market even more excited. It is only necessary to reach a new ATH again and this time it will not be too difficult.
Always be careful in managing your assets because there are a lot of hackers outside and only many scammers who spread pishing to take our set. We recommend that our wallet that we use to store large assets do not be connected to it. When we participate in airdrop or whatever use a new wallet that is safe and do not use our main wallet.

 

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