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Author Topic: Don't hyperventilate - Breathe in - Breathe out... NOW HODL...  (Read 238 times)
Timelord2067 (OP)
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November 12, 2024, 12:06:44 AM
Merited by philipma1957 (3), Wind_FURY (1)
 #1

In the last 24 hours Bitcoin has risen $10,000 and is scraping $90,000!

Now is not the time to trade - let the whales set the price as they react to the recent election results in the US. This Bull Run on crypto won't stop in January once the inauguration has occurred, so you may as well sit back and HODL - update your wallet apps. Consolidate your HODLings. Set aside some funds for retirement. (Ballet cold wallets are a good place to consider for long term storage).

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November 12, 2024, 12:44:59 AM
 #2

We hold, we hold, and we hold. The price pump is not going to end anytime soon, but we shouldn't be all positive towards the price as price correction can still take place before the pump can still start back, but I don't know when that will happen. Maybe right after we have crossed the $100k figure, but in this kind of pump, which is proudly and partially sponsored by Trump winning, there is also a high chance of we see below $80k again before we go all up right after the inauguration.
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November 12, 2024, 02:23:52 AM
 #3

I agree with HODL - I think a small fractional amount should be cashed to allow you to hold for longer with no real effect on total investment. This is becuase the longer you can HODL is a function of how much money you have to pay for cost of living.

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November 12, 2024, 03:01:18 AM
 #4

In the last 24 hours Bitcoin has risen $10,000 and is scraping $90,000!

Now is not the time to trade - let the whales set the price as they react to the recent election results in the US. This Bull Run on crypto won't stop in January once the inauguration has occurred, so you may as well sit back and HODL - update your wallet apps. Consolidate your HODLings. Set aside some funds for retirement. (Ballet cold wallets are a good place to consider for long term storage).

Don't hyperventilate - Breathe in - Breathe out... NOW HODL...

Very good advice.

And if you are like myself older 67 and setbacks in price scare you do not sell a lot of your coin. Ie if you have 1 btc and are terrifled of a drop sell 0.05btc. It's 4k and should be able to hold you. And allay your fears.


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November 12, 2024, 04:07:19 AM
 #5

Usually breaking a major resistance and then entering uncharted waters means bitcoin soaring will continue. Saying "don't trade now" means you just watch from the sidelines as bitcoin breaks $1200 (major resistance back in 2017), then sets $2000 record, $3000 record and before you know it price is $20000 (the final 2017 bubble peak) Cheesy

In any case it seems like for the time being we are back to the good ol' days when every morning we woke up, before anything we would check the price and see a new record was set last night Cheesy

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November 12, 2024, 04:19:59 AM
 #6

I’ll probably just stop selling if Bitcoin starts to dip… though I won’t sell everything since I’m planning to hold some for the long term. For now, let’s just ride the wave. Bitcoin is super bullish! We’re about to hit $90k, and next stop could be $100k. Who knows if that’s even the peak this bull season; it could go higher. We all know how hyped things get during a bull run.. Of course, there’ll be a correction eventually, like always, but let’s not dwell on that - it kills the excitement. Let the bull run do the talking... Cheesy

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November 12, 2024, 04:24:57 AM
 #7

Feed it stop losses.

Throw some "shit" and see what sticks.
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November 12, 2024, 05:55:07 AM
Merited by philipma1957 (3), pooya87 (2)
 #8

I'm very confident that next year or during 2026, the normies will call us "merely lucky" without any consideration of the mental insanity, stress, and anxiety that HODLers went through. The COVID-19 Crash, China FUD, FTX Scam, Luna Scam, and other mere FUD that HODLers must fight.

Where is SGBETT? He'll definitely return during Bitcoin's next crash to $100,000 in 2027.

  

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November 12, 2024, 06:21:47 AM
 #9

This is the time to stay calm and focused. With Bitcoin pushing, It’s tempting to react, but patience is key. The market is shifting, and the long-term potential is massive. let the whales do their thing while we stick to our strategy. HODLing and consolidating assets now is a smart move. The next few months could be crucial, so keeping a steady hand will pay off. HODL on!
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November 12, 2024, 10:17:15 AM
 #10

The important thing is we should accumulates more Bitcoin even if the price start increase. Whether the price still fluctuate from ups to downs, that will not be a problem for us because our target still on the way. HODL is the best thing that we can do in this time so we can have more and more Bitcoin and we can make a big profit later. We don't have to worry with the price and focus on our purpose to have many Bitcoin. We hope that the situation can still increase until the next year and the real ATH can show up in the next year with a very highest price.

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November 12, 2024, 06:56:16 PM
 #11

We hold, we hold, and we hold. The price pump is not going to end anytime soon, but we shouldn't be all positive towards the price as price correction can still take place before the pump can still start back, but I don't know when that will happen. Maybe right after we have crossed the $100k figure, but in this kind of pump, which is proudly and partially sponsored by Trump winning, there is also a high chance of we see below $80k again before we go all up right after the inauguration.

For traders who use technical analysis there is a big fair value gap that yesterdays pump left behind from $80k to $88k I think if there is going to be a correction that is where it will correct to because the market seems to have a strong support at that $80k. Although there is also same fair value gap at $77k too but this bullish momentum to me doesn’t seems like it will obey it. So should the price gets to probably $98k we could see the corrections taken place.

Personally I wasn’t or I am not buying into the narrative that it was the trump win that pumped this up rather it is the usually last quarter of the fiasco that’s happening at the moment

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November 12, 2024, 08:54:40 PM
 #12

That move today was just a test of leveraged positions but gamblers seem to have deep pockets this time.
Such tests will repeat at every significant level and finally at some point when FOMO is big enough it will break the floor. Maybe at $100k, maybe $120.... depends at what level the x50 people will start going in.

It's funny how we can observe market psychology playing out.
Right now the confidence is still strong, but we'll see what the crazies will do above 90k. By crazies I mean people who wait and wait and finally when the asset is up by 50% go all in with a loan and their wife's jewelry and then watch the monitor all sweaty for a few days, looking to double their money in a week Wink
I don't think they're in yet, but they'll come.

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November 13, 2024, 12:24:49 AM
 #13

This is the time to stay calm and focused. With Bitcoin pushing, It’s tempting to react, but patience is key. The market is shifting, and the long-term potential is massive. let the whales do their thing while we stick to our strategy. HODLing and consolidating assets now is a smart move. The next few months could be crucial, so keeping a steady hand will pay off. HODL on!

This is why selling under 5% is a plan.

Selling 50% is panic

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November 13, 2024, 03:15:32 AM
 #14

That move today was just a test of leveraged positions but gamblers seem to have deep pockets this time.
Such tests will repeat at every significant level and finally at some point when FOMO is big enough it will break the floor. Maybe at $100k, maybe $120.... depends at what level the x50 people will start going in.

It's funny how we can observe market psychology playing out.
Right now the confidence is still strong, but we'll see what the crazies will do above 90k. By crazies I mean people who wait and wait and finally when the asset is up by 50% go all in with a loan and their wife's jewelry and then watch the monitor all sweaty for a few days, looking to double their money in a week Wink
I don't think they're in yet, but they'll come.
That's right but lets not forget that it is not all FOMO and crazies going in with loans though. It is also a lot of other solid thinking individuals who took their money elsewhere while bitcoin was going side way so that they could make profit on their capital in a more active market. When bitcoin starts shooting up, they dump those assets and come back to bitcoin contributing to its rise.

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JeffBrad12
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November 13, 2024, 03:55:00 AM
 #15

feels like $90k isn't the ATH this time around, it might go as far as $94k and beyond seeing from current price action



the recovery is impulsive, the pullback cancelled out pretty fast. meaning the buy order is still as strong as ever, don't know what causes this but it seems there's just big chunk of buying pressure that stops BTC from making retracement.

I'm sure we'll be hitting $94k very soon.

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November 13, 2024, 07:31:21 AM
 #16

feels like $90k isn't the ATH this time around, it might go as far as $94k and beyond seeing from current price action



the recovery is impulsive, the pullback cancelled out pretty fast. meaning the buy order is still as strong as ever, don't know what causes this but it seems there's just big chunk of buying pressure that stops BTC from making retracement.

I'm sure we'll be hitting $94k very soon.


I believe that we're in the right moment that we should stop checking the charts/graphs every hour, and leave the small movements/corrections in Bitcoin's price alone. Bitcoin is currently more than 10% above its ATH during 2021. The most important milestone that we should be waiting is Bitcoin price valuation that has SIX DIGITS, and I believe that we might see that this year.

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November 14, 2024, 11:25:49 PM
 #17

Not sure if the slight downward movement is just investors pausing to consider their next move, but now is the time to HODL - January's inauguration is still two months away and the price will explode.

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November 15, 2024, 03:53:42 AM
 #18

In the last 24 hours Bitcoin has risen $10,000 and is scraping $90,000!

Now is not the time to trade - let the whales set the price as they react to the recent election results in the US. This Bull Run on crypto won't stop in January once the inauguration has occurred, so you may as well sit back and HODL - update your wallet apps. Consolidate your HODLings. Set aside some funds for retirement. (Ballet cold wallets are a good place to consider for long term storage).

Don't hyperventilate - Breathe in - Breathe out... NOW HODL...
Holding is all we got to do now, and surely the party had just begun, Novembull was good, Decembull would be better and January would mark yet the continuity of a sweet bitcoin uptrend experience. I breathe green. We just got to relax, continue accumulating because the green is about to get greenier.

I'm very confident that next year or during 2026, the normies will call us "merely lucky" without any consideration of the mental insanity, stress, and anxiety that HODLers went through. The COVID-19 Crash, China FUD, FTX Scam, Luna Scam, and other mere FUD that HODLers must fight.

Where is SGBETT? He'll definitely return during Bitcoin's next crash to $100,000 in 2027.
Holding is more of a psychological thing than actually keeping coins, you pass through lots of mental stress not to bow to pressure to sell while expectant of good days to smile and congratulate yourself for passing the investor test and HODL. Congratulations to hodlers. Better days just ahead....

 
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December 18, 2024, 01:11:33 AM
 #19

Now that the $100,000 barrier has been well and truely broken and is sitting at $106,000+...  I can't help but wonder if it is on an upwards trajectory to $200,000 by the end of next year before leveling out?

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December 18, 2024, 08:46:27 AM
 #20

Now that the $100,000 barrier has been well and truely broken and is sitting at $106,000+...  I can't help but wonder if it is on an upwards trajectory to $200,000 by the end of next year before leveling out?
Maybe we could see more upward movement in price from next year January being that President Trump's inauguration ceremony will occur on the 25th of that month. We all know how much Bitcoin spiked when he was announced the winner so there's the possibility that something more along the lines of that will happen.
 Nothing is impossible but can we see 200k by the end of next year? With price fluctuations and all? I dunno.

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