Are you holding Bitcoin? - page 6. | Bitcointalksearch.org

MancyZz

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Quote from: tungaqhd on January 06, 2020, 10:01:46 AM

Quote from: wizardofoz113 on November 17, 2019, 09:54:18 AM

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

I still holding Bitcoin after 2017, half of my income from signature campaign is for the holding balance too. I hope Bitcoin will pump after halving day.

same with me. i still hold my coins before halving till now, honestly i feel stupid decision with not sell my coins when halving and buy back when the price going to down. choose to hold for long time just delayed profit and can not take more profit. i hold my coins till now because i do not want to lose my fund and hope replace when halving coming

drachman

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Currently holding Bitcoins since 2019, as I see it the most tiring yet worth it way to earn and have income years from now. There are almost 0% of losing my holdings as Bitcoin were too tough in the market and might rise higher than 20,000 USD in this year.

I am sure that during the next decades people are going to think that all of us were lucky to be able to buy bitcoin for a price below 20k and many of those that bought at 20k during the last bull run and that most likely have sold their coins already are going to lament to have done so, bitcoin is a technology that it has the potential to change the world and as such it has the potential to change your life as well, and in order to receive those benefits you only need to do one thing and that is to keep holding it.

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Quote from: Visbay on January 07, 2020, 08:10:46 AM

Quote from: Triffin on January 05, 2020, 10:29:04 AM

Quote from: mamedesign on January 03, 2020, 02:37:28 PM

Yes I hold and save some Bitcoin. Not too much indeed, but at least I have a Bitcoin deposit as a lock on my hopes someday.

All of us have some dreams and some planning about our investment so I also have some bitcoins and I am holding all of them for long term because I know with holding it will give me all what I want. Bitcoin is best coin for holding and it has huge potential to fulfil all your hopes related to bitcoin and I am also bitcoin long term holder.

Holding is surely the most important thing because when you are holding you will feel safe about the falling price of bitcoin but when you decide to sell just check the market price properly as most people make the wrong choice because of unawareness but they should make research and avoid selling at the wrong time. I am yet holding because I know the price of bitcoin can rise more than this with the passage of time.

I am also currently holding my Bitcoins and I am not planning to sell it now because I do believe that it could grow even more especially that the Bitcoin halving is now getting closer. For someone who seeking for a profit that doesn't have that much risk, I think HODL will be much perfect for you. I always prefer to earn this way because not all the time Bitcoin having a good price.

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Quote from: old fart on January 06, 2020, 10:32:26 AM

I've been holding bitcoin since 2017, I really can't tell if I made the right decision or not especially watching it hit 20k and I didn't sell. Well, I holding, hoping it reaches 20k again.

We need not worry about the Bitcoin because even I, am holding the Bitcoin for more than a year, I have bought the Bitcoin at eh value of 3500$ because 20000$ is too much high amount which I didn't buy the coin at 20000$. Don't worry, we can hold them for another year, which the price of Bitcoin will surely cross more than 20000$.

This is the year the market will grow best and should spend some money to invest in Bitcoin because the opportunity to earn profits from this coin will increase very high if you have confidence. Personally, I am holding more than 80% of Bitcoin and will definitely only sell when this coin is profitable for me. It may take a long time but Bitcoin will tend to increase in the next few years.

In addition, I also invest in a number of other coins such as Ethereum, Litecoin because these are the two options that are very suitable for my profits and are the options that people trust.

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Quote from: Triffin on January 05, 2020, 10:29:04 AM

Quote from: mamedesign on January 03, 2020, 02:37:28 PM

Yes I hold and save some Bitcoin. Not too much indeed, but at least I have a Bitcoin deposit as a lock on my hopes someday.

All of us have some dreams and some planning about our investment so I also have some bitcoins and I am holding all of them for long term because I know with holding it will give me all what I want. Bitcoin is best coin for holding and it has huge potential to fulfil all your hopes related to bitcoin and I am also bitcoin long term holder.

Holding is surely the most important thing because when you are holding you will feel safe about the falling price of bitcoin but when you decide to sell just check the market price properly as most people make the wrong choice because of unawareness but they should make research and avoid selling at the wrong time. I am yet holding because I know the price of bitcoin can rise more than this with the passage of time.

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Quote from: old fart on January 06, 2020, 10:32:26 AM

I've been holding bitcoin since 2017, I really can't tell if I made the right decision or not especially watching it hit 20k and I didn't sell. Well, I holding, hoping it reaches 20k again.

It is good that you are holding bitcoins since such a long time. Actually it would benefit you in both the cases even if you spend them now or keep saving them for later use. Bitcoins are the most important of all the digital currencies and they would never lose their worth no matter what is going to happen in the economic structure internationally.

conex

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Yes hold it, almost 8k$ today. We broke the resistance line and would love to see the support where it is now...

old fart

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Bitcoin is the future

I've been holding bitcoin since 2017, I really can't tell if I made the right decision or not especially watching it hit 20k and I didn't sell. Well, I holding, hoping it reaches 20k again.

tungaqhd

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Quote from: wizardofoz113 on November 17, 2019, 09:54:18 AM

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

I still holding Bitcoin after 2017, half of my income from signature campaign is for the holding balance too. I hope Bitcoin will pump after halving day.

LogitechMouse

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I'm holding and at the same time, spending a percentage of it for other investments and expenses.

I got a weekly payout from my current signature campaign and at the same time, I have a work so it covers up my expenses. I want to hold some Bitcoin to for the future. I still believe that Bitcoin will rise in the next few years in a slower pace compare to what happened last 2017. I know that there are some who are holding too but it is more profitable if you trade your Bitcoin in different exchanges as long as you are capable to do it Cheesy

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Cacingkemi

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I'm still keeping my bitcoin and waiting for the price to go up and I think it could happen next year after halving as the price could go down and bounce back like in year 2016. Bitcoin holding is also much preferred by anyone as it is a safe thing for a long-term investment and the price increases every time it is halved. But even if you were still in a bear market, we can still take advantage of the market. Hopefully in the future bitcoin will make us all rich

it is certainly the hope of everyone, making bitcoin as a long-term investment that can provide benefits in the future. most people choose to save bitcoin for the long term because they think it's the simplest way and can avoid panic when the market price has dropped very sharply

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Yeah, trade profit depends on a trader's levels of knowledge and practice.
But also, it depends on his/her skills in using statistics and assessing possible opportunities and risks.

Well, we have some definite statistics, as the topicstarter has noted: bear market is usually long-term lasting for several months whereas bull market is usually short-term lasting for several days or a few weeks. I would also add that this period is usually an n-year cycle (a 1-year cycle in most cases). Thus a trader has an opportunity to make a long-term profitable trade lasting for at least 1 year.
And this is the statistics data we have.
So now, using this available statistics, we may assess possible opportunities and risks.

Triffin

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Quote from: mamedesign on January 03, 2020, 02:37:28 PM

Yes I hold and save some Bitcoin. Not too much indeed, but at least I have a Bitcoin deposit as a lock on my hopes someday.

All of us have some dreams and some planning about our investment so I also have some bitcoins and I am holding all of them for long term because I know with holding it will give me all what I want. Bitcoin is best coin for holding and it has huge potential to fulfil all your hopes related to bitcoin and I am also bitcoin long term holder.

EdvinZ

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Yes, I have some satoshis, because Bitcoin is the most profitable asset of the decade and I hope that it will still show its growth. I may even believe John McAfee that Bitcoin will be worth $1 million. If this happens, I am sure that John McAfee's reputation will soar as high as the price of Bitcoin. I think all investors should have at least some share of bitcoins in their portfolio.

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I'm trying to accumulate some amount of Bitcoin because think Bitcoin features a better future and it'll do far better. the rationale still scared to place bitcoin money is because we all know tons about bitcoin would be much easier for us to truly have the thought.

Janation

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Quote from: mamedesign on January 03, 2020, 02:37:28 PM

Yes I hold and save some Bitcoin. Not too much indeed, but at least I have a Bitcoin deposit as a lock on my hopes someday.

But you should also be careful.

You don't know when will it happen so better be wary of the changes that is happening. Bitcoin and almost all of other cryptocurrencies tends to change so fast that you might not get a track of it especially in the future, since we don't really know what might happen at that time.

iv4n

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Quote from: davinchi on January 04, 2020, 12:40:49 PM

Quote from: ?? on ??

Many of us here are Bitcoin holders, but not all of us are able to hold until the pump happens because there are some of us who make use of our earnings within the time we get that money. Therefore, not everyone can wait in a year for the ten-day period, but there are some people who will keep until that time, but they will be cut off because they are greedy to gain more.

Yes, for sure I do hold Bitcoin and that’s really one of the best thing to do. I do not only hold Bitcoin, I hold Ethereum as well and today there was an increase and the price reached $132 as I’m writing this. A true crypto adopeter will definitely focus on buying and holding rather than just hunting for profits for the investments. Holding will enable them to "use" cryptos for day today life one day but profit minded people will only "sell" cryptos.

So, it is really good and Hodl is just like the easiest thing that anyone who is interested in cryptocurrency can do, since there isn’t much work in doing it except checking the price and analysis to know where the market is really heading to. But, there is no assurance that you’re going to make profit.

Some of your words deserve attention, a true crypto adopter will have some coins for holding, for trading, and from time to time will spend some coins on something, it's how economy is growing bigger. I hold bitcoin and ethereum, at least I have some in several wallets, I have other coins too, I have some tokens, some of them I use for trading, or gambling, some are just for holding, depending on the wallet where they are, I have some weird system that I develop for years.
Crypto market just started its journey, only 10 years are behind us, many coins are much younger. Crypto market and some projects are very promising, crypto time is yet to come, what we see until now were people, but in one moment companies and countries will start the next wave, that will be much bigger then the one in 2017.

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Quote from: Btc_1856 on January 04, 2020, 12:30:57 AM

Quote from: marcous on January 03, 2020, 11:25:32 AM

Yeah, Bitcoin is indeed the best choice for the current market situation. Moreover, it has entered 2020 where the Halving day is getting closer. Everyone hopes that Bitcoin will have a higher price accompanied by the recovering price of Altcoin as well

Exactly, Bitcoin is always good to hold and grab whenever the price drops, yes, we are very close to 2020 where the halving day is getting closer which many have higher expectation after Bitcoin halving, it will take some time to recover the price after having. Which we have to wait and see how far the price of Bitcoin is going to be after halving.

That point is the main mistake which many holders do and then they regret when they see the price rising again because many people sell their bitcoins when the market drops losing some amount of money and do not show patience to hold even in bear market and when a bull run occurs they miss the train and then some lose heart to put their money in bitcoin again and some invest when the price rise higher and get a small amount of bitcoins than they had before they sold. The genius holders are those who do not grab money from bitcoin when the price drop and hold their bitcoins for long time no matter what condition comes in the way so in the last they becomes millionaires with their holdings.

davinchi

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Quote from: ?? on ??

Many of us here are Bitcoin holders, but not all of us are able to hold until the pump happens because there are some of us who make use of our earnings within the time we get that money. Therefore, not everyone can wait in a year for the ten-day period, but there are some people who will keep until that time, but they will be cut off because they are greedy to gain more.

Yes, for sure I do hold Bitcoin and that’s really one of the best thing to do. I do not only hold Bitcoin, I hold Ethereum as well and today there was an increase and the price reached $132 as I’m writing this. A true crypto adopeter will definitely focus on buying and holding rather than just hunting for profits for the investments. Holding will enable them to "use" cryptos for day today life one day but profit minded people will only "sell" cryptos.

So, it is really good and Hodl is just like the easiest thing that anyone who is interested in cryptocurrency can do, since there isn’t much work in doing it except checking the price and analysis to know where the market is really heading to. But, there is no assurance that you’re going to make profit.

Btc_1856

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Quote from: marcous on January 03, 2020, 11:25:32 AM

Yeah, Bitcoin is indeed the best choice for the current market situation. Moreover, it has entered 2020 where the Halving day is getting closer. Everyone hopes that Bitcoin will have a higher price accompanied by the recovering price of Altcoin as well

Exactly, Bitcoin is always good to hold and grab whenever the price drops, yes, we are very close to 2020 where the halving day is getting closer which many have higher expectation after Bitcoin halving, it will take some time to recover the price after having. Which we have to wait and see how far the price of Bitcoin is going to be after halving.

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