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Topic: Are you holding Bitcoin? - page 18. (Read 4167 times)

legendary
Activity: 1316
Merit: 1145
November 18, 2019, 03:26:56 AM
#28
no, I don't hold bitcoin to be quiet. but i hold bitcoin for trading. so I can be sure and not miss out when bitcoin has a short rise. other than that if bitcoin doesn't have much movement, I will move to altcoin pair bitcoin. at the moment the price of bitcoin is still below ... so I still add bitcoin if I have funds.
MI6
hero member
Activity: 1260
Merit: 504
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November 18, 2019, 03:03:11 AM
#27
I am holding bitcoin. But most of bitcoin that i hold is from bounty campaign. So, literally i am not really think about loses. But, although buy and hold is a good strategy, we must see price first and don't let ourself to buy in high price so we should wait for the price that we bought only to get our capital back.
sr. member
Activity: 896
Merit: 268
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November 18, 2019, 01:32:37 AM
#26
Holding doesn't imply on time, its particularly basis was the market growth. So I highly disagree in your argument that holding were not good that you made an example about holding before and after December 2017. It is clear that the fault was in the end of the hodlers who decided to stick with hodling even though the opportunity to sell was right in front of him. Hodling isn't about time span, it is in the decision of the individual when to sell in order to gain.
sr. member
Activity: 1218
Merit: 251
November 18, 2019, 01:20:00 AM
#25
Yes I hold bitcoin for the long term. I have bought bitcoin at $ 8300 and I am waiting to reach the high price that is my target, because I think the long term is a good thing when bitcoin is on the moon, but for the short term I certainly will not get big profits.
But I am only Bitcoin in the long run.
sr. member
Activity: 602
Merit: 253
November 18, 2019, 12:53:33 AM
#24
Therefore, the actual pump of Bitcoin is very short, it is only a blink of an eye compared to the rest (sideway or decline).
If it's a long term holding, It's good to hold your bitcoin. But that is why holding is not always the best option, sometimes you need to take the chances to take the profit. I think you need to know when to hold and when to sell. The pump only last for a few days. It could turn the table at any moment. For a long term holder, all they have is hoping that for the next few years the price goes skyrocket. Still, you never know, pumps and dumps could happen the second you looked away. You could also cut losses, and then buy back them at a lower price so it'd minimize your losses. But the people that bought bitcoin before 2017, definitely got quite the ROI even if they missed the the highest price.
sr. member
Activity: 1123
Merit: 253
November 18, 2019, 12:11:16 AM
#23
Who is not holding Bitcoin here in Bitcointalk? I doubt there is none. Even those members here who are very bullish on altcoins must have Bitcoin in their portfolio. Otherwise, I doubt if they are really supporters of cryptocurrency and Bitcointalk. Bitcoin is by default everyone's coin. It is like when you enter the cryptocurrency universe, you will have to do your best to buy Bitcoin. That is the baptism in this world. No Bitcoin means you are not one of us crypto people.
full member
Activity: 239
Merit: 100
November 17, 2019, 11:54:23 PM
#22
Yes, I always hold bitcoin and always take the opportunity to make purchases gradually when there is a decrease and sell it a little when there is an increase and that too if I really need it, and if I don't need it I will not sell.
and bitcoin will be more profitable if I make long-term investments and I will continue to hold it before bitcoin reaches the highest price to get a satisfying profit.
Bitcoin is always hold the most when investing and everyone will once buy this coin for long-term investment because the profits that this coin brings us really high. Currently, many large countries like China are starting to pay more attention to this market and make many investors in this country feel interested in investing. Now market is not really stable but I believe Bitcoin will soon return $15,000 soon.
hero member
Activity: 2912
Merit: 642
November 17, 2019, 11:51:15 PM
#21
Holding it for quite some time by now.
I dont think I ever want to let go of it even with the massive changes in price.
It would be better to stay with me while looking at the future using it with different known merchants.

I know they might sell when it goes blasting again to a price we dont expect. Yes, way up than the last ATH.
It could be a big dump afterwards.
sr. member
Activity: 1330
Merit: 326
November 17, 2019, 11:50:24 PM
#20
Quote
However, there are also many ideas that "not every Hold is the best".

Sometimes, our last resort is to hold even if it takes time. But there is always a better way than holding our btc. Think about it, since you are a risk taker, selling it in a deficit price and then buy it in much lower will also compensate your lose. However, since most of us here are afraid to do that and we only want to see our btc to profit, what we can do is seat back, hodl and watch the market grow until we make some profits even if it takes months.
sr. member
Activity: 2366
Merit: 448
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November 17, 2019, 10:47:57 PM
#19
Yes, I always hold bitcoin and always take the opportunity to make purchases gradually when there is a decrease and sell it a little when there is an increase and that too if I really need it, and if I don't need it I will not sell.
and bitcoin will be more profitable if I make long-term investments and I will continue to hold it before bitcoin reaches the highest price to get a satisfying profit.
sr. member
Activity: 1484
Merit: 253
November 17, 2019, 09:44:50 PM
#18
How about you? Are you holding Bitcoin

Holding Bitcoin is still the best deal if you are looking to make long term profits. Many of my friends are in loss because they invested in altcoins but few who held bitcoins are still in profit. I will prefer to keep my portfolio in bitcoin for long term and buy altcoins only for short term duration.


Having a bitcoin nowadays is the great way and definitely a nice way to invest due to the fact that bitcoin is not as huge price as before. If we can imagine bitcoin will be increase as much as $15,000 to $18,000 you can earn as much as 2 times as the recent price. Also, we can't assure everything that the most challenging part is our patience on how long it will take and the worst case is when the time you really need that amount in the most unexpected situation.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
November 17, 2019, 08:34:20 PM
#17
Yes, and I'm still holding a large amount of the coins I accumulated around 2016 and early 2017, which makes my average price of entry much lower than the price we're currently at. I also trade a certain percentage of my holdings regularly, though I typically risk a very small amount of that money per trade. I've made many times more holding Bitcoin than I likely ever will trading it, and I'm fine with that.

The majority of people are also not profitable at all whilst trading. That's statistically the reality of trading, and that makes holding an extremely easy and still profitable thing to do if you can afford it. The golden rule is always to never invest more than you can afford to lose, no matter what the circumstances may be. Nobody knows where Bitcoin's going, though we can make guesses based on certain factors.
hero member
Activity: 2912
Merit: 541
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November 17, 2019, 07:11:18 PM
#16
I am holding bitcoin from the last year, and I buy more bitcoin at $3200. Yes, I make a profit because I some portion of bitcoin, but I still hold the other amount of bitcoin because I believe that bitcoin price will be rise. In 2017, I sold my bitcoin, and that makes me get a big profit, and I miss that time. I am sure that we will see another best time for bitcoin soon. Maybe it will happen in the next year or before or after the halving happen. Trade bitcoin will be the best way to increase your bitcoin amount right now, so don't miss that chance.
hero member
Activity: 2660
Merit: 551
November 17, 2019, 07:05:22 PM
#15
Just imagine this for holders, if you bought bitcoin with the price is $3200 last year, you're definitely in the plus side for this year. And the amount of profit you got? no other investment platform can gave you that. So I also hold bitcoin because I know year-to-year you can get huge ROI but literally doing nothing. Buy the dip, hold relax, have patience and then wait for the block halving next year.
hero member
Activity: 2632
Merit: 833
November 17, 2019, 06:55:01 PM
#14
Of course majority here hold their bitcoin because we all known that sooner or later it will reach a new all time high so in turn will give us a huge windfall. The only problem with the HODL mentality is that you really need to fight the urge to sell if you see the price is falling way below the price you buy.

But I'm sure there are also bitcoin speculator/traders around, who love to short bitcoin. Nothing wrong with that, they know the risk and is willing to take it. So that's two school of thoughts here, HOLDer's who doesn't want to take the risk and prefer to stay low key, and then those risk takers who are willing to short bitcoin.
hero member
Activity: 2814
Merit: 518
November 17, 2019, 05:59:12 PM
#13
Long term holding will only be good if you have patience. It is only a few of us doing that for sure as more of us here are more preferable in short-term holding knowing the fact of its volatility. In fact, I consider myself as one of those short-term holders, I have patience but I'd rather enjoy the moment when Bitcoin price jump high and then sell off my BTC. We know it turns down back again, consider this a time to buy back and hold again.

For the best thing to do if we have Bitcoin in our wallet better learn to trade just what I did with my holdings. It eventually helps us to kept track of our Bitcoin and even gains more profit as well.
hero member
Activity: 1470
Merit: 509
November 17, 2019, 05:49:50 PM
#12
However, there are also many ideas that "not every Hold is the best". If a person held bitcoin before December 2017 until now, they would still lose more than 50%.
Those who bought BTC cheaper than the current price before December 2017 did not lose, on the contrary, they made a profit. Measure your earnings with the amount you invest, not your regrets.



If you are an investor who does not have much time to observe the market, nor know the analysis of charts, then the Hold option is the best for you.

And for investors who like to "trade", certainly Hold is not their choice, because the short-term waves are the time when they make the best profit.

How about you? Are you holding Bitcoin
I continue with both options. While holding an amount in the wallet, I evaluate other opportunities with the remaining portion. I guess I do not miss an opportunity with this way.
sr. member
Activity: 1190
Merit: 306
November 17, 2019, 04:27:51 PM
#11
My answer is 'yes'.  And the reason why I'm holding btc is because when it was oscillating around $10,000 I thought that any time it dipped under that price would be a great time to buy and I did.  Did I expect btc to fall to where it is now?  Not really, but it didn't shock me at all and I've continued to buy more.

The best time to buy anything that's worth buying is when it's on sale, which bitcoin is right now.  That isn't to say I can predict its price with any accuracy but I don't doubt for a single second that it's going to blast past $10,000 and go well above that.  It could be next year, the year after, who knows but it's going to happen.  And I'll be holding onto my coins that I'll look back at and think I got really cheap.
legendary
Activity: 3668
Merit: 6382
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November 17, 2019, 04:21:59 PM
#10
And for investors who like to "trade", certainly Hold is not their choice, because the short-term waves are the time when they make the best profit.

I think that even traders may be holding some coins. I see it not a contradiction, instead a "diversification" of the ways to gain some more and maybe lowering the risks too.
I did a bit of trading in the past, I do hold a little too, but I had to spend too.. more than I wanted to. So I can't say I am a true HODLer...
legendary
Activity: 1806
Merit: 1521
November 17, 2019, 03:01:41 PM
#9
In one year, most of Bitcoin's rally usually occurred within a few days. Therefore, the "Hold Bitcoin" strategy is still considered the best, according to Binance Research.

In fact, in one year, the pump for Bitcoin only happened in a few short days, and most of the rest was sideway. Therefore, it is easy for investors to miss the pump if they are not regularly watching the market.

Tom Lee and others have correctly pointed this out before. The gains in BTC often happen so quickly (and are followed by so much consolidation) that long term hodling is the most viable investment strategy.

However, there are also many ideas that "not every Hold is the best". If a person held bitcoin before December 2017 until now, they would still lose more than 50%.

That's the most extreme example, yes. Remember though, the same used to be true of June 2011, April 2013, November 2013. People who bought at $32 or $250 or $1,160 are sitting on huge profits now.
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