Are you holding Bitcoin? - page 7. | Bitcointalksearch.org

Janation

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Quote from: Negotiation on January 03, 2020, 09:01:30 AM

I agree with you because I think now is the best time to buy Bitcoin This is a good investment and everyone knows the price is likely to rise upfront Now if we buy Bitcoin and hold it we can make a lot of profit.

I can't say that it is a good investment but I do agree that it is the best time to invest.

Bitcoin is a risky investment, everyone knows that. Most of the profits that we've accumulated is not a joke, even though we are just riding with the fact that we are investing in a volatile cryptocurrency, it is risky. We don't know what will happen and I think that it is so naive and so optimistic to say that we can already earn "a lot of profit" from it.

plvbob0070

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Quote from: DevilSlayer on January 03, 2020, 09:00:45 PM

I have bitcoins but I do not recommend to hold it for a long period of time. My trading skills will be a waste if I will not use it. I prefer to trade it than to store it in my wallet for a long period of time. Holding can sometimes bad for our portfolio because we should be aware that there is a right time and wrong time in terms of holding bitcoin. I saw a lot of people who keep holding bitcoin, but the problem is they keep experiencing losses.

I guess your trading skills will not gonna waste even you hold your bitcoin for a long period of time because you can trade with different cryptocurrencies like ethereum. They only hold bitcoin because they know it will be pump soon but still we are not sure about it. You might right that holding can be also lead to huge losses but sometimes it can also lead to your success. It depends to the people if they going to hold their bitcoin for a long period time and I know all people who hold bitcoin are seeks for a great income that's why they don't hesitate to hold it.

DevilSlayer

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I have bitcoins but I do not recommend to hold it for a long period of time. My trading skills will be a waste if I will not use it. I prefer to trade it than to store it in my wallet for a long period of time. Holding can sometimes bad for our portfolio because we should be aware that there is a right time and wrong time in terms of holding bitcoin. I saw a lot of people who keep holding bitcoin, but the problem is they keep experiencing losses.

mamedesign

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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.

Boov

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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

Yeah you are right. Bitcoin is the best and nothing can beat bitcoin. Even if I have a traumatic experience in some order forums which where they accused me wrong accusations and banned my account and in that account they denied my right to withdraw my btcs. But still I am holding new btcs in my yobit account for the preparation in the halving season.

marcous

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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

salad daging

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there are actually more altcoins in my portfolio, but the aim is to continue to buy bitcoin, it's easier to multiply altcoin trading assets compared to bitcoin, if it remains stable to increase value, I just need to wait for the time to buy bitcoin when it looks like it's entered a reversal phase trend, today is also good enough to get profit from altcoin.

Negotiation

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Quote from: bysmf2000 on December 06, 2019, 10:27:01 PM

i am holding bitcoin, because bitcoin have a good price in the future, maybe for this time the price is cheap but this is the best moment for buying a lot of bitcoin.

I agree with you because I think now is the best time to buy Bitcoin This is a good investment and everyone knows the price is likely to rise upfront Now if we buy Bitcoin and hold it we can make a lot of profit.

bitzizzix

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Of course I have bitcoin which is a priority for me to have, bitcoin is the best and most profitable coin compared to other coins and it seems like almost all crypto users have it.
and for the current market situation, holding it is the best choice for me and maybe for a long time and to wait for the price of bitcoin to rise to the highest price to sell it.

Edraket31

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Quote from: drachman on January 02, 2020, 11:16:24 PM

Holding is believed to be a sure way to make money but that is only for those that bought bitcoin at low prices, for the rest of us that had to pay a good amount of money holding can be a profitable strategy but it needs to be done in a smart way, all of those that bought bitcoin at 20k are still waiting for the day bitcoin recovers that price and they can sell their coins for a small profit and that is only true for those still holding their coins because most likely those that bought at that price sold their coins already and took a huge loss.

For sure that majority of us here are holding Bitcoins as we know the potential value it in the future, so as much as possible, we are accumulating once the price go down, as for sure majority of us here can't afford to buy Bitcoin in just one single receipt, so we are taking advantage when the price becomes cheap.

drachman

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Quote from: KnightElite on December 27, 2019, 11:43:55 PM

Quote from: MWesterweele on December 13, 2019, 08:32:34 AM

Quote from: onrise on December 13, 2019, 02:03:56 AM

Holding is better in this fluctuations and yes even if their is a fall it is good time to buy more coins as you would be able to get coins at cheap rates . Also in coming time you would see the btc rise and this will help you to make money on investment .

In order for us not to keep on losing money we need to keep holding on it, even we do nothing , like trading or playing gamble with our bitcoin it still changing the price of it , I think better to buy more bitcoins now! Or if you dont have more money better to keep holding it rather than selling and a sudden dump happen. If you buy bitcoin in $7500 last time then you have a $300 loss I think , so better to hold it now.

But the thing is you can also lose money in holding bitcoin. There is a misconception because there are many people think that holding can make them rich but in the reality is not like that. There should also timing in holding bitcoin, you cannot hold bitcoin if you bought when its price is really expensive because for sure you will experience losses when its price goes down.

Holding is believed to be a sure way to make money but that is only for those that bought bitcoin at low prices, for the rest of us that had to pay a good amount of money holding can be a profitable strategy but it needs to be done in a smart way, all of those that bought bitcoin at 20k are still waiting for the day bitcoin recovers that price and they can sell their coins for a small profit and that is only true for those still holding their coins because most likely those that bought at that price sold their coins already and took a huge loss.

yulionoo

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yes, I still hold bitcoin and I still believe in bitcoin. 80% of my capital, I made to save bitcoin and the rest is altcoin for daily trading. I'm more confident in choosing bitcoin for a long-standing strategy than altcoin. in my opinion bitcoin can be used for daily trading and can also be used to hold for a long time, that's the advantage of holding bitcoin. bitcoin cannot be compared to other coins, because altcoin in my opinion is less effective if used for a long-term strategy. I'm sure everyone who is in crypto trading, surely they own and save bitcoin.

Savemore

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Quote from: KnightElite on December 27, 2019, 11:43:55 PM

Quote from: MWesterweele on December 13, 2019, 08:32:34 AM

Quote from: onrise on December 13, 2019, 02:03:56 AM

Holding is better in this fluctuations and yes even if their is a fall it is good time to buy more coins as you would be able to get coins at cheap rates . Also in coming time you would see the btc rise and this will help you to make money on investment .

In order for us not to keep on losing money we need to keep holding on it, even we do nothing , like trading or playing gamble with our bitcoin it still changing the price of it , I think better to buy more bitcoins now! Or if you dont have more money better to keep holding it rather than selling and a sudden dump happen. If you buy bitcoin in $7500 last time then you have a $300 loss I think , so better to hold it now.

But the thing is you can also lose money in holding bitcoin. There is a misconception because there are many people think that holding can make them rich but in the reality is not like that. There should also timing in holding bitcoin, you cannot hold bitcoin if you bought when its price is really expensive because for sure you will experience losses when its price goes down.

There is no guarantee to gain by just holding bitcoin. I hold bitcoins before and I experienced to have negative portfolio and it is the reason why I sold it. I also known many people that got stuck to their position because they bought when the price is still expensive and they are still not selling their bitcoins due to their big losses. Holding is only suitable in the people that have a lot of patience. I'm a type of person who doesn't have enough patience and it is the reason why I do not hold bitcoins nowadays.

KnightElite

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Quote from: MWesterweele on December 13, 2019, 08:32:34 AM

Quote from: onrise on December 13, 2019, 02:03:56 AM

Holding is better in this fluctuations and yes even if their is a fall it is good time to buy more coins as you would be able to get coins at cheap rates . Also in coming time you would see the btc rise and this will help you to make money on investment .

In order for us not to keep on losing money we need to keep holding on it, even we do nothing , like trading or playing gamble with our bitcoin it still changing the price of it , I think better to buy more bitcoins now! Or if you dont have more money better to keep holding it rather than selling and a sudden dump happen. If you buy bitcoin in $7500 last time then you have a $300 loss I think , so better to hold it now.

But the thing is you can also lose money in holding bitcoin. There is a misconception because there are many people think that holding can make them rich but in the reality is not like that. There should also timing in holding bitcoin, you cannot hold bitcoin if you bought when its price is really expensive because for sure you will experience losses when its price goes down.

drachman

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Quote from: MWesterweele on December 13, 2019, 08:32:34 AM

Quote from: onrise on December 13, 2019, 02:03:56 AM

Holding is better in this fluctuations and yes even if their is a fall it is good time to buy more coins as you would be able to get coins at cheap rates . Also in coming time you would see the btc rise and this will help you to make money on investment .

In order for us not to keep on losing money we need to keep holding on it, even we do nothing , like trading or playing gamble with our bitcoin it still changing the price of it , I think better to buy more bitcoins now! Or if you dont have more money better to keep holding it rather than selling and a sudden dump happen. If you buy bitcoin in $7500 last time then you have a $300 loss I think , so better to hold it now.

If you do not have an idea of how to trade the markets then your best chance of not losing as much money is to hold your coins, this is not easy at all when the market is going down, but think about this in this way, if you have been here before the crash of 2017 then it is really doubtful we are going to see another crash just as big, and if you are still here after that crash and you could hold your coins even in those difficult circumstances then anything that happens in the future cannot be as bad and you will have an easier time holding your coins this time around.

Darooghe

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Yes, Of course. Many professional analysts estimate 6-digit valuations per Bitcoin. even McAfee made that legendary wager to eat his *thing* if it doesn't hit $1M each by 2020, albeit it's not real now. Bitcoin is basically the only inflation-proof asset, currency or everything you named. Only 21 million will exist ever, and people are continually losing coins by forgetting passwords, sending to burn addresses, losing hard-drives, dying without passing on their coins and etc. Not even gold is that scarce, we don't know how much gold is still underground to be mined, and asteroid mining could crash the entire gold market.

Twentyonepaylots

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Quote from: Chrystora123 on December 13, 2019, 12:24:44 PM

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

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

Until now I still HODL the Bitcoin that I bought in January 2018.. I realized that if I sell my Bitcoins, I will lose a large amount of capital. HODL is the best decision which must be taken by people who buy Bitcoin at a high price, you will only lose if you panic and sell your Bitcoin at a low price.

I also bought bitcoin last year and it will be a past year on December 31st, honestly I already get my capital on it and what I havr now is totally the profit I got from it. Last year I bought around $3000 and this time im gonna sell it twice of its price so not a bad decision from me although I could've sold it a month ago which is higher than thr price now. Imma tell you guys that holding does really work ypu just need to have patience, a long wide patience to get what you expected.

Chrystora123

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

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

Until now I still HODL the Bitcoin that I bought in January 2018.. I realized that if I sell my Bitcoins, I will lose a large amount of capital. HODL is the best decision which must be taken by people who buy Bitcoin at a high price, you will only lose if you panic and sell your Bitcoin at a low price.

MWesterweele

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Quote from: onrise on December 13, 2019, 02:03:56 AM

Holding is better in this fluctuations and yes even if their is a fall it is good time to buy more coins as you would be able to get coins at cheap rates . Also in coming time you would see the btc rise and this will help you to make money on investment .

In order for us not to keep on losing money we need to keep holding on it, even we do nothing , like trading or playing gamble with our bitcoin it still changing the price of it , I think better to buy more bitcoins now! Or if you dont have more money better to keep holding it rather than selling and a sudden dump happen. If you buy bitcoin in $7500 last time then you have a $300 loss I think , so better to hold it now.

pajak666

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Quote from: Visbay on December 13, 2019, 03:07:49 AM

Quote from: pajak666 on December 11, 2019, 06:50:23 AM

Pretty lucky i got my hands on some 2013 casascius coins. Definitely easier holding onto them. Would have been panic sold a few times if not physical Cheesy

Bitcoin is the best investment and it has power to increase in price faster as it’s nature of bitcoin to stay volatile it use to increase and decrease but we should take advantage to buy at low price and sell it later after holding that's why I keep holding because I trust the abilities of bitcoin that if it’s falling it will recover too after few years.

Yeah only problem is that long term down trends happen too.. BTC was actually quite lucky as we didn't have anything close to 3-4 years of recession, just the short term volatility which is eventually easier for me to manage in the head rather than witnessing constant downfall for very long periods of time.

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