Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
MusaPk
on 02/01/2023, 08:40:28 UTC


HODLing is a strategy that is not time bound rather target bound. If we didn't see any ATH in 2023, that doesn't mean we start selling our BTC rather continue HODLing. Remember Dec 2017 bull run that's followed by bear market that lasted for approx 3 years before we saw latest ATH of 67k$.

Your points are a wee bit confusing.

1st.. you seem to be suggesting that no selling of BTC is practical or should take place unless there is an ATH, and then if there is an ATH, then it might be practical to sell.

Another point is that you are suggesting that three years could pass between ATHs, and for some reason, we would consider bitcoin to be in a bear market until another ATH happens....   And yeah, maybe that's not exactly what you mean.. but still, kind of confusing the way you phrase these matters.. including a kind of suggestion that the ONLY thing that matters is getting another ATH.. which just seems like shitcoiner ways of thinking/framing matters.. even though I am not wanting to deny the importance of ATHs, but I doubt that any kind of new ATH has to be imminent or even close in order for bitcoin to be in a good state and even people can profit stupendously from bitcoin, whether a new ATH comes soon, or even within the next couple of years or not.

We could even trajectory out BTC's price, and maybe we get 10% price appreciation per year for several years in the future... and yeah, that would not be great, but it still may be possible that bitcoin is a good investment.. even with relatively mediocre performance in the coming years.. which I am not even suggesting that it is highly likely to happen, but I am suggesting that it would be a good thing for any of us to be prepared ourselves financially and psychologically for a wide variety of scenarios to happen, even various less likely scenarios.

My reply was based on post from serveria.com

There is great discussion regarding whether we will see ATH in coming year or not. Even there is a pole that whether we will see ATH in 2023 or 2024. If we dont see ATH in 2023 (or we dont see our BTC in profits by good margins) then what will be strategy? sell or HODL? What I want to say is that in such   case one must HODL until he see his target price. I dont think there is point in HODLing the Bitcoin foreve, sell when you are getting good profit.

Hope that clarifies my point.