Re: Buy the DIP, and HODL!

74% of Bitcoin is now in the hands of long-term holders, which is the highest in the last 15 years. No one is selling. This is actually very pleasing to hear and encouraging for those of us who have been involved in long-term investments for a long time and we have been discussing this topic here for a long time. We will definitely see a good portfolio in our wallets in the future.

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I like how this data is placed although I don't no if this is accurate between holders and non holders but one thing I like about this is that it states the clarification of those non holders who are thinking that Bitcoin are majorly in the possession of those who are always going shot than those of us who are doing for a long term to goal, so actually this means that 70% plus of Bitcoin is already been taken by the long term investors while 20% plus are for non holders this is a positive figure that should make someone who think that all the people in bitcoin are more of non holders to reconsider there perception.

Well the facts that 70%+ of Bitcoin is own by long term investors is a real hit that is showing how people like to Hodl their Bitcoin and if more people are into long term investment it would be more beneficial to the them and the community.
Some people follow the majority and I think as the number of figures of long term holders increases, more people will opt into long term investment in bitcoin.

Your words are undoubtedly hopeful. Now 74 percent of Bitcoin is being held, that is, not selling now. 74% of Bitcoin is held by long-term holders, indicating a strong foundation for the Bitcoin ecosystem. However, when the price increases, many long-term holders can also take profits. The graph also shows that this happened in the bull market of 2017 and 2021, when the LTH % decreased. This means that long-term holders do not hold forever, they usually sell when the price increases. So it is important to not only hold it, but also understand when to sell. When so many Bitcoins are lying with long-term holders, the supply in the market decreases. That is, on the one hand, demand increases but supply decreases, then the price increases rapidly. Suppose 10 people want to buy Bitcoin, but only two are willing to sell. In this case, they have to buy at a higher price, which can be one of the reasons for the future price increase. Considering these aspects will provide a more complete understanding of the Bitcoin market.

You’ve made a great point! You're right that the 74% of Bitcoin held by long-term holders (LTHs) creates a tight supply, which can dilate price increases when demand spikes, thereby signals strong conviction in the bitcoin ecosystem. As you mentioned, LTHs don't hold forever. In 2017 and 2021, LTH supply dropped as prices soared, which indicated that there was a profit-takings This propose that long term holders are strategic, often waiting for key price levels for example, previous all-time highs to sell. Understanding these patterns can help time exits. Selling too early might miss gain’s as such, Holding is powerful, but having a plan for taking profits is equally important.