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Topic: Are you currently holding cryptocurrencies and now speculating what will happen? - page 5. (Read 1026 times)

newbie
Activity: 3
Merit: 0
The true potential of Bitcoin is Unknown at this point. I believe it will pair well with the future as tech innovations pave the way for new better ways to utilize digital currency. The true value is in the application potential.
legendary
Activity: 1120
Merit: 1000
I'm holding bitcoin and other coins as a long term investment I don't have any clue or speculating about the price especially in the short term. But I believe that it will be skyrocket in the long term. I was there when the bitcoin price was about $ 230 didn't buy much and even sold some of them, people at that time mentioned that the price would spike and it happened, so I don't wanna lose that chance again.
sr. member
Activity: 1918
Merit: 370
Individuals are still practicing old traditional ways of transactions to accomplish the money stream. However, Cryptocurrency Era has arrived and people aren’t aware of it. If we see this era with future perspective, different industries and businesses will switch towards cryptocurrencies to pay for their services. With this, the middleman will be completely removed from many progressions. This progress will cut down costs and will offer cheaper services for the end user.
Cryptocurrencies will influence the future, as the protocols are getting tighter. Countries like the United States, United Kingdom and Australia have accepted cryptocurrencies. Many countries will be accepting cryptocurrencies in the near future. IoT is already here.
Crypto world will emerge into the ultimate trading option as more cryptocurrencies will be introduced. The trading will take place between all these different currencies once the prices of crypto increase. One of the most demanded features is the fast transactions, which will take place with the advancement of technology, with this downloading and transfer will happen within seconds. Games, books, videos and music will be combined in a blockchain and sent through crypto wallets, with the high speed feature. The most influential crypto coins are here to stay but it won’t halt the birth of other crypto coins, it will increase with time.
Cryptocurrency schemes are on a growing phase. On predicting cryptocurrencies future, features like the grand crypto bull market will continue. As with fast-track, every day it effect extensive implementations.
As soon as they are broadly approved, will become the next version of the technology in all regions. Crypto will easily be converted into currencies and vice versa. Cryptocurrency Development Services have emerged in recent times for the betterment of investors who would like to create a foundation.
According to some sources, cryptocurrencies will fall down while experiencing fluctuations, which is making the traders and the holders worry. But as per the market experts, this is just a matter of time.
Bitcoin is still very much used and adopted all around the world to this day. It has been accepted by organizations and payment gateways all across the world. So what about Altcoins? Are they worthy to buy in future? To predict the future is very hard. In the cryptocurrency world, prices are very volatile. Dealing with the issues of transparency and scalability problem, might effect cryptocurrencies in the future.

It's not like the people aren't aware of it. I mean, with the amount of noise it has been making online and on the news, who wouldn't get a glimpse of what bitcoin or cryptocurrency is. It's just that the current cryptocurrency approach we have right now is bleak, and the technology backing it up right now is not really that great. Leading to bitcoin only becoming viable as a form of investment.
hero member
Activity: 1190
Merit: 511
Yes I am holding too much cryptocurrencies up to now because there are so many predictions and speculations what would happen to the cryptocurrency market after the bitcoin halving on May. Holding so much cryptocurrencies right now can maybe the key for our own success and maybe the key for us to get rich or millionaire.
Holding cryptocurrencies right was the very good thing we can do because as of now not only bitcoin is the one who has the most fluctuating rate but also the altcoins have so much high fluctuating rate as it is follow to the bitcoin fluctuating rate and as we see the market graph the altcoins are following the pump and dump of the bitcoin.

Me too, I am still holding few of cryptocurrencies, although I still have some of my shitcoins but I am not considering them as my holding anymore as I know that they will be no longer value at all as they are already dead, and from now on too I will make sure that I will not hold much crypto, I will just hold those coins that really has worth in the future.
sr. member
Activity: 882
Merit: 258
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Yes I am holding too much cryptocurrencies up to now because there are so many predictions and speculations what would happen to the cryptocurrency market after the bitcoin halving on May. Holding so much cryptocurrencies right now can maybe the key for our own success and maybe the key for us to get rich or millionaire.
Holding cryptocurrencies right was the very good thing we can do because as of now not only bitcoin is the one who has the most fluctuating rate but also the altcoins have so much high fluctuating rate as it is follow to the bitcoin fluctuating rate and as we see the market graph the altcoins are following the pump and dump of the bitcoin.
sr. member
Activity: 574
Merit: 267
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Yes I am one of those holding cryptocurrencies. Well I guess everyone are speculating what will happen concerning our current social status and some other financial capabilities to go down or rise high. Mostly we are all speculating a big price rise this year.

OP mentioned about the fear for the sudden decline of the market by the hodlers so, taking into consideration, real hodlers are really not getting affected by this, because they already know what kind of system bitcoin and cryptocurrency has, especially cryptos that are volatile, thus, they will make sure they still getting profit because rather than fear the market, it is an open opportunity to accumulate and buy more of the crypto they prefer.
I agree before we hold we know what we risk we sre entering.  Since we know that the value of bitcoin is volatile it means there are times that it will increase and decrease and that is normal and no need to panic about. But we all holders expecting for it to pump again to get profit. 
sr. member
Activity: 1274
Merit: 278
Yes I am one of those holding cryptocurrencies. Well I guess everyone are speculating what will happen concerning our current social status and some other financial capabilities to go down or rise high. Mostly we are all speculating a big price rise this year.

OP mentioned about the fear for the sudden decline of the market by the hodlers so, taking into consideration, real hodlers are really not getting affected by this, because they already know what kind of system bitcoin and cryptocurrency has, especially cryptos that are volatile, thus, they will make sure they still getting profit because rather than fear the market, it is an open opportunity to accumulate and buy more of the crypto they prefer.
sr. member
Activity: 1484
Merit: 276
I am, and I'm not speculating what will happen. Why? It is because I have trust that someday all this holding will bear fruit and will satisfy me in the future. So I buy, hold and chill and wait for years to pass just come back day after day to read stuff about bitcoin like news or announcements from all coins I'm holding.
sr. member
Activity: 854
Merit: 267
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I have a lot of hold cryptocurrencies and most of them are came from bounty campaigns where I used to participate. Frankly, I am never expecting to earn a profit in some of my holdings but I really do hope that someday I could use them for something that would really be useful. I do also hold some cryptocurrencies that is capable of giving a huge profit. Those coins are listed in top-ranked in the market like Bitcoin, Ethereum, and XRP, that is why I have a expectations from those coins.
sr. member
Activity: 756
Merit: 251
Yes I am one of those holding cryptocurrencies. Well I guess everyone are speculating what will happen concerning our current social status and some other financial capabilities to go down or rise high. Mostly we are all speculating a big price rise this year.
sr. member
Activity: 1876
Merit: 318
Of course I am still holding some cryptocurrency which I think still has prospects for making profits in the future. But since no one can
accurately predict cryptocurrency price movements in the future, there is nothing we can do but face courage risk, because as we know,
investing in cryptocurrency has a very high risk, because changes prices in cryptocurrency are very fast and sudden.Such as the movement
of bitcoin 2 days ago rise suddenly to the price of $ 8400.Now we must be optimistic that indeed cryptocurrency will rise soon, and therefore
we still hold coins. Until our target is reached.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
Well sone alts probably will have their time of getting a decent value. Well alts that does have value today, those that are in the top 10 or top 15, are a good investing prospect. I do hold crypto aside from btc. Trx, btt and recently i bought a bag of ripple. Looking at the short term, these coins may not be that attractive to crypto investors but their projects makes me think they'll have a good decent future.

there is a big difference between value and price (profit).
what you are talking about regarding altcoins is the profit you can make from their price going up and down that is usually referred to as pump and dumps. but it has nothing to do with their value.
value of a cryptocurrency is defined based on the utilities it offers and since altcoins lack utilities and the only use case of them is for trading, they have no value.
member
Activity: 532
Merit: 41
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legendary
Activity: 2674
Merit: 1226
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Crypto isn't the answer to everything. And I think we are underestimating what people are doing. You say they are mainly doing old traditional ways of transactions but in many parts of the world, they are in fact much more advanced than we think. Imagine that in East Asia like in Japan and South Korea people are using mobile payments for a very long time now.

If we want everyone to use crypto, we have first to think how can we put a smartphone and internet into their hands first?
newbie
Activity: 12
Merit: 2
a few years until now besides holding bitcoin in the long run I already have 6 types of altcoin in my big bag, whatever it is about the prohibition from the government or from any country I still try to hold this, because I know everything takes time and the process cannot be us the government's insistence on accepting crypto currencies can be the second payment transaction tool of fiat currency, but that is my hope in the future with the ease of making transactions, at least the economy will smoothly not be hampered by making crypto currency the second payment tool of fiat currency this, goes hand in hand where banks can also use blokchain technology without having to have competition with the crypto community

We cannot overlook the reason why cryptocurrency is not made the second method of payment otherwise many countries would have already made this step and wouldn't have banned the use of crypto coins, is because of all the scandals regarding it. And cryptoworld was introduced because to remove the bank, the middle man who gathers extra money, to save from it. Whereas competition is seen, this world is full of it. Without competition innovation and creativity can never take place it tests the limits and introduces new ideas every day, so a healthy competition is what we need to invent new ideas and develop the crypto world.
newbie
Activity: 12
Merit: 2
some of the points that I took from your explanation, it is very agree. but some others, I still doubt. as
- crypto will be used in the future. for payment etc. Yes, I agree. but not with crypto now. some countries have absorbed bitcoin technology. they only take the blockchain to make / move the currency. look at China, they took the blockchain to convert their currency into the blockchain system. Russia, has overtaken it. they are developing their own currencies into the blockchain system. so, what is the current state of crypto decentralization. might be good. but in the future, I'm not sure altcoin will survive. while bitcoin, i just thought it would be a commodity. not the main payment.

Okay from this I get that countries are integrating blockchain technology itself in their currencies, but then I think that make those currencies Altcoins now! Holding money in your accounts or in cash itself is a commodity as well as method of payment now. Having money tells about the kind of status the person has like any other possession they hold.
newbie
Activity: 12
Merit: 2
There is a lot to tackle in this OP.

Cryptocurrencies is a general term and while it includes Bitcoin can in
some circumstances exclude Bitcoin, depending on who is using it.

While we know the benefits of lets say Bitcoin and crypto in general
and while some countries are presently recognising it and more to
follow possibly this year, notably in Europe, Governments will not use it
because they cannot control it.

Governments will be using their own controlled cryptocurrencies but this a way
off in the future.

Altcoins have uses but it depends on what they are, the development
and how they have been adopted.

There are hundreds of alt's but a few handfulls of sucessfull ones.

Well sone alts probably will have their time of getting a decent value. Well alts that does have value today, those that are in the top 10 or top 15, are a good investing prospect. I do hold crypto aside from btc. Trx, btt and recently i bought a bag of ripple. Looking at the short term, these coins may not be that attractive to crypto investors but their projects makes me think they'll have a good decent future.

I agree here because Altcoins also have their own value and name they have made after Bitcoin.
legendary
Activity: 2296
Merit: 1038
Leading Crypto Sports Betting & Casino Platform
a few years until now besides holding bitcoin in the long run I already have 6 types of altcoin in my big bag, whatever it is about the prohibition from the government or from any country I still try to hold this, because I know everything takes time and the process cannot be us the government's insistence on accepting crypto currencies can be the second payment transaction tool of fiat currency, but that is my hope in the future with the ease of making transactions, at least the economy will smoothly not be hampered by making crypto currency the second payment tool of fiat currency this, goes hand in hand where banks can also use blokchain technology without having to have competition with the crypto community
legendary
Activity: 1316
Merit: 1145
some of the points that I took from your explanation, it is very agree. but some others, I still doubt. as
- crypto will be used in the future. for payment etc. Yes, I agree. but not with crypto now. some countries have absorbed bitcoin technology. they only take the blockchain to make / move the currency. look at China, they took the blockchain to convert their currency into the blockchain system. Russia, has overtaken it. they are developing their own currencies into the blockchain system. so, what is the current state of crypto decentralization. might be good. but in the future, I'm not sure altcoin will survive. while bitcoin, i just thought it would be a commodity. not the main payment.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
Crypto currency is a currency and not a commodity or a speculative tool, but due to it's popularity and the inflation beating characteristics, it has become popular with the financial traders and many people are hoarding bitcoins and Crypto currencies now, in the hope that they could make huge profits in the future.  

It is unfortunate that most people started thinking that way after the huge jump in the price in 2017, because Crypto currencies are so much better than other Fiat currencies and/or Payment options for eCommerce and also security and transaction speed for global transactions.   Wink

I hoard about 80% of my coins and I spend 20% of all the new coins I buy to support the Crypto currency network of merchants.
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