Bitcoin holding and trading

[salad daging]

When the price is down or discounted, the best thing to do is to buy as much as possible - because bitcoin will surely recover faster.
Utilize the DCA strategy as it can be a great solution to continue accumulating bitcoin regardless of the price, which is what I do.

So buy and then HODL.
There are people trading bitcoin on futures then it's too much risk, so it's better to just invest far less risk.

          -    Yes, we have witnessed and seen that for years, even until now long-term investors in this field of crypto space are still doing it because they see and believe that there are still no changes that its rise in the market will continue.

It would be a good feeling if we knew when there would be a retracement in the price of bitcoin because for sure we would sell, but its price is also unpredictable. If only we knew how to use the timing of selling and buying bitcoin correctly. Because we would definitely get a decent profit in the future.

Yeah - some experts say bitcoin will be above $120K in the future or at least this bullish season, but whether it's true or not we never know - here only speculation can be done, but looking at bitcoin history always shows record highs.
What is certain is to continue to maintain your investment now, if possible continue to accumulate because who knows the price of bitcoin will return to $150K as its new ATH.

[rby]

It seems that your question bothers on altcoins that are yet to recover after the recent downtrend that they reacted with Bitcoin. If that's the case, then you just have to make peace with the fact that altcoins are very volatile and because of their volatility nature, they tend to reward you beyond you can ever magine and also can make you lose money far more than you ever imagined. Altcoins doesn't have the amount of recovery power that BTC possesses so you don't always expect them to follow the market movement BTC.

[sampoerna]

We have seen since 2024 that Bitcoin is now pumping much more than it was in 2017 to 2018, which has enabled many prominent investors to earn a good amount of money. But what should we do now..?? We have seen that when the price of Bitcoin was very low, the price of all coins was almost good. Again, when Bitcoin pumped 100k from above in 2024, the price of Bitcoin along with the price of all coins was very good, but suddenly the price of Bitcoin decreased slightly, the price of all coins decreased a lot. If we take a look, there are some such coins that now have no value.

What do you think we should do now?? Share your opinion.

And now, the price of Bitcoin has risen very significantly in recent weeks, even now it is in the range of $97k. What does that mean? It means that we just adjust it to our tactics, This is still in a condition that is heading towards bullish, it has not yet fallen, so whatever the market conditions are, we just follow the flow.

Well, sometimes this is quite worrying because the price of BTC has fallen to below $80k, but as we believe that Bitcoin has not returned to the peak of its bull run this season, right, just enjoy the journey.

Because now the increase has been very significant and has almost reached $100k again, we must also be vigilant and ready if there will be another correction before breaking through another high number again.

[SmartGold01]

Do not invest in altcoin because I believe it was from altcoin you are having this experience, for me I wouldn't for any day stick with altcoin while bitcoin is there. Just buy bitcoin and do away altcoin except you want to go for short term investments then you can likely hold some other reputable altcoin and after which profit is made then you can sell it off and hold back bitcoin for long term.

Yes, brother, we have seen that many people are dumping Alert Coin compared to Bitcoin. In that case, we have seen that among some of the top coins of Alert Coin, ETH SOL is now in the market at a much lower price. Since Bitcoin was worth 100K, the price of the top coins of Alert Coin should have been in a good position. However, if we invest in the short term, it is better for us to do it in Bitcoin for now. Whether it is short term or long term, we can do this for you to earn here.

Like i know there are people who still value altcoin than bitcoin due to its massive profits, this same people are also there calling people names about bitcoin because they don't put their mind to invest in bitcoin instead they keep targeting cheap coin to invest to make millions out of no stress and hustling.

[God Of Thunder]

So basically, you are talking about altcoins that dumped hard while Bitcoin moved sideways. Well, this is not anything unusual. When Bitcoin pumps and the dominance keeps increasing, the alt also pumps, but the dominance does not increase. But when the Bitcoin market takes a small correction, most alts start bleeding and losing value.

This has been happening for a long time, and if you are a veteran crypto user, you should not be surprised to see this volatility.

[Rruchi man]

What do you think we should do now?? Share your opinion.

You have no business trading if you have no knowledge in it or even if your knowledge is limited. Trading is not something you should be trying and risking a lot of money on because you could lose it all.

Hodling will work for you so long as you have a consistent source of income.

[Basedjack]

We have seen since 2024 that Bitcoin is now pumping much more than it was in 2017 to 2018, which has enabled many prominent investors to earn a good amount of money. But what should we do now..?? We have seen that when the price of Bitcoin was very low, the price of all coins was almost good. Again, when Bitcoin pumped 100k from above in 2024, the price of Bitcoin along with the price of all coins was very good, but suddenly the price of Bitcoin decreased slightly, the price of all coins decreased a lot. If we take a look, there are some such coins that now have no value.

What do you think we should do now?? Share your opinion.

In my opinion, Bitcoin is the best profitable part of cryptocurrency investment, here you can do all kinds of trades, like you can trade small amounts and hold it for the long term, but in my opinion it is better to trade for the long term by looking at the market position, if you buy Bitcoin and hold it for 4 years and wait until the bullish season, then you can earn money from there, because the demand for Bitcoin has increased a lot compared to 2017-2020, now all traders are interested and focused on Bitcoin, I hope Bitcoin will be able to reach 130k by this year, I wish success to all traders including Bitcoin,

[0t3p0t]

We have seen since 2024 that Bitcoin is now pumping much more than it was in 2017 to 2018, which has enabled many prominent investors to earn a good amount of money. But what should we do now..?? We have seen that when the price of Bitcoin was very low, the price of all coins was almost good. Again, when Bitcoin pumped 100k from above in 2024, the price of Bitcoin along with the price of all coins was very good, but suddenly the price of Bitcoin decreased slightly, the price of all coins decreased a lot. If we take a look, there are some such coins that now have no value.

What do you think we should do now?? Share your opinion.

What had happened is that investors learned from the past and new comers are now investing into crypto especially Bitcoin for some reason that is why the market is now expanding and price is pumping hard. The rise and fall of Bitcoin prices for me is just natural as we can see from previous year but this time the up and down is getting higher.

[Faisal2202]

We have seen since 2024 that Bitcoin is now pumping much more than it was in 2017 to 2018, which has enabled many prominent investors to earn a good amount of money. But what should we do now..?? We have seen that when the price of Bitcoin was very low, the price of all coins was almost good. Again, when Bitcoin pumped 100k from above in 2024, the price of Bitcoin along with the price of all coins was very good, but suddenly the price of Bitcoin decreased slightly, the price of all coins decreased a lot. If we take a look, there are some such coins that now have no value.

What do you think we should do now?? Share your opinion.

You are comparing the PA of BTC with the PA of altcoins, and using historical data is a good edge when we have to do analysis, so I would say, we just have to observe the dominance of BTC, if that's increasing we might not see pump in alts and when they are decreasing + some other factors to consider that implies alts might pump.

We should hold onto our BTC but if we want an exit like there will be many people like me, who would consider to exit BTC 100% now, because last time they did not get the chance, I am also having the thoughts to sell 100%, but I love BTC and I think if I would be out from BTC fully, I might not be able to follow market from that perspective.

[Alone055]

What had happened is that investors learned from the past and new comers are now investing into crypto especially Bitcoin for some reason that is why the market is now expanding and price is pumping hard. The rise and fall of Bitcoin prices for me is just natural as we can see from previous year but this time the up and down is getting higher.

Bitcoin's uptrend has started again today; it has already gone above $101k, and it's still going up. I'm sure there will be a correction soon, and the price will go below $100k again, but at least this positive movement will bring some confidence in the market, and people will start feeling that there is still a part of the bull run left, and this is a small view of that.

Those who had invested in Bitcoin a month ago must be happy right now because they are already in good profit. That being said, I think traders who haven't stopped trading to invest in Bitcoin must also have made good profit from this surge because scalpers are always looking for such opportunities.

Overall, this move will have a positive effect on the market as a whole, for both investors and traders.

[Wonder Work]

We have seen since 2024 that Bitcoin is now pumping much more than it was in 2017 to 2018, which has enabled many prominent investors to earn a good amount of money. But what should we do now..?? We have seen that when the price of Bitcoin was very low, the price of all coins was almost good. Again, when Bitcoin pumped 100k from above in 2024, the price of Bitcoin along with the price of all coins was very good, but suddenly the price of Bitcoin decreased slightly, the price of all coins decreased a lot. If we take a look, there are some such coins that now have no value.

What do you think we should do now?? Share your opinion.

What had happened is that investors learned from the past and new comers are now investing into crypto especially Bitcoin for some reason that is why the market is now expanding and price is pumping hard. The rise and fall of Bitcoin prices for me is just natural as we can see from previous year but this time the up and down is getting higher.

We saw the rise and fall of Bitcoin prices last year, but this year's rise and fall are much higher than last year's. Bitcoin prices were not in a very good position a few days ago. What does it mean to be in such a good position all of a sudden? Such questions swirl in the mind. Although some of the reasons for this are known, why does it seem that the rise in Bitcoin prices in this way indicates something in the opposite direction?

Many have predicted that Bitcoin prices will exceed 150 in mid-July. We are waiting to see the new ATH every moment. Maybe we will see this new ATH very soon.

[Tribalchief]

What do you think we should do now?? Share your opinion.

What I think you should do is, safe yourself from unnecessary market stress and channel your money to Bitcoin. You made some comparison like how Bitcoin rise and fall affects the others positively and negatively, but have you thought about the percentage increase of those altcoin compared to Bitcoin whenever there is a price movement?.

Compare the last bullish movement when Bitcoin broke past $100K while Etheruem settled around $4K(almost $5K), to this current bullish trend where Bitcoin is now $100K and Etheruem is now $2K. Can you actually picture the difference?.

So, in as much as the price of Bitcoin affects the others, it still doesn't guarantee that alts will perform tremendously like Bitcoin. I can't dispute the fact that some altcoin are profitable, but the question is, do you have that patience and are you willing to take the risk?.

[rby]

So basically, you are talking about altcoins that dumped hard while Bitcoin moved sideways. Well, this is not anything unusual. When Bitcoin pumps and the dominance keeps increasing, the alt also pumps, but the dominance does not increase. But when the Bitcoin market takes a small correction, most alts start bleeding and losing value.

This has been happening for a long time, and if you are a veteran crypto user, you should not be surprised to see this volatility.

Most newbies and not-too-experienced crypto marketers aren't aware or doesn't understand what you just said until they experience it in their portfolios. It's common knowledge to crypto experts that whenever Bitcoin is making a correction in price movement, some alts do go down when Bitcoin price is moving downtrend but would not be able to move uptrend again when Bitcoin is done with correction and makes a positive movement. That's the reason why it's important to not invest your money in alts with high volatility when the market is bearish

[Asiska02]

Irrespective of what happens to the market, we can’t continue having this conversation over and over again that trading should be a better option to holding. Holding has never been so interesting to have held by until when the bulls have taken over and are now reaping fruits of their patience. The market will always have a way to make you feel that you should go for trading for quick profits but never will it entails on how risky it is that when you’re not prepared, you shouldn’t go for it. Trading is not what you should jump in and conclude immediately you joined the crypto space. You can start learning and then progress gradually while investing in bitcoin. At the right time, you’ll decide what to do whether to continue holding or also venture into trading.

[MRY]

Irrespective of what happens to the market, we can’t continue having this conversation over and over again that trading should be a better option to holding. Holding has never been so interesting to have held by until when the bulls have taken over and are now reaping fruits of their patience. The market will always have a way to make you feel that you should go for trading for quick profits but never will it entails on how risky it is that when you’re not prepared, you shouldn’t go for it. Trading is not what you should jump in and conclude immediately you joined the crypto space. You can start learning and then progress gradually while investing in bitcoin. At the right time, you’ll decide what to do whether to continue holding or also venture into trading.

I fully agree with you that we should not all trade the moment we join the crypto world. Many of us fall into the trap of thinking that we have to respond now even though we don’t have the information. Retreating doesn’t imply you’re passive, it’s also a very smart move, usually the one where better sense comes along with the fact that you’re awakening. When the market changes so fast just the fear of losing can misguide you into doing things you weren’t prepared to do. If you know it and can afford it, then why not wait for the price of Bitcoin to go up even higher than it is at the moment, if you have the patience.