Topic: Are you holding Bitcoin? - page 19. (Read 4192 times)

Yes I'm still holding bitcoin, because i know it's gonna gain a high value later in the future, so i still have faith on it and i believe that's the market will be pushed sooner or later.

Yes I'm still holding Bitcoin and keep buying when there's a decline because I beliee that Bitcoin is still profitable in the long run though I knew that some traders is continously earning from Bitcoin in short-term trading but it needs a wide knowledge in the market which I'm not good at so I prefer to hold it and hoping that Bitcoin's price will grow in the next coming years.

If you do go for long term then Hodling would be the best strategy for you but there were people who do really not want to wait for long time but rather they do
actively trading up coins to accumulate profit on a short span of time which is a considerable way on making your stash more bigger but as we all know that it would
always have the corresponding risk in exchange but  if you do able to handle on to be profitable short time then i would say that this would be the best option.
Ofcourse, people would always consider on accumulating btc since we know into its possible profitability.

Both hold and trade are better in my opinion.

It's probably best to have three address categories for Bitcoin/Cryptocurrencies: 1. a separate address/addresses for long-term hold, second address/addresses for regular trading and the third one for storing some fund in stablecoin. This is another form of decentralization...not wise to put all your eggs in one basket.

The price of bitcoin went up nearly 20,000 $ and then it gradually dropped, Unfortunately I was one of those who did not sell in those days because I thought it would continue to rise. So now it is better to hold bitcoin and set a target price to sell or let us keep pace with the waves that whales are making so we can profit and also have the advantage of buying at a cheap price.

I am holding bitcoin since last quarter of 2018 and when a huge increase was came last April 2019 I was still not contented and greed so I still hold my coin until now. Sometimes we need to accept even not a very good income to avoid this kind of literal long term holding or investment. It is better to make an continues income even you earn small percent of your capital.

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.

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.

According to the recently published data, since 2013, the annual growth performance of Bitcoin only occurred in about 10 days, which means that each year we will have 10 days that Bitcoin actually increases aka "pump". After this 10 days, Bitcoin will go sideway and the growth performance may decrease by 25%.

Therefore, the actual pump of Bitcoin is very short, it is only a blink of an eye compared to the rest (sideway or decline).

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%.

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