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Topic: Are You Holding On To Your Bitcoin? (Read 12047 times)

hero member
Activity: 994
Merit: 544
August 09, 2017, 09:23:37 AM
Normally I do not store bitcoins. If I get bitcoin I instantly exchange it into money and use it to buy daily necessities. But now I'm starting to think that if from the first time I save bitcoin maybe now I am a lot of money.

how are you changing your bitcoin to FIAT?

Personally, I am keeping my bitcoin other than essential emergiencies in the
past where I have had to FIATise some. I still have the majority I bought in January.

when the value drops I buy more  Grin

I am envy right now.  It seems like everyday is an emergency to me as I always need money.  My reason why I am here is because I need an extra income to sustain my daily needs unlike you who seems to have more money.  I also wanted to do the things you are doing.  Keeping bitcoin on my wallet would be an achievement to me as I always exchange my coins into fiat. 
legendary
Activity: 2436
Merit: 1362
August 09, 2017, 09:17:42 AM
Normally I do not store bitcoins. If I get bitcoin I instantly exchange it into money and use it to buy daily necessities. But now I'm starting to think that if from the first time I save bitcoin maybe now I am a lot of money.

how are you changing your bitcoin to FIAT?

Personally, I am keeping my bitcoin other than essential emergiencies in the
past where I have had to FIATise some. I still have the majority I bought in January.

when the value drops I buy more  Grin
member
Activity: 93
Merit: 10
August 09, 2017, 09:13:45 AM
Until my rigs have broken even I convert 75% to fiat and hold the other 25% then once they are in profit I'll probably hold more like 75 and convert out 25 I think
I do not think keeping bitcoin is easy. It can take anytime and be sure to invest in time to make a profit.
newbie
Activity: 5
Merit: 0
August 09, 2017, 09:03:09 AM
bitcoin is for sure is a rising value. I hold a good amount of BTC earlier I made mistake by exchanging them to altcoins but they all failed. Now I stick on to bitcoin and will always be investing in it.
sr. member
Activity: 392
Merit: 250
August 09, 2017, 08:35:10 AM
Yes,bitcoin is an ever growing asset.It ha almost increased about four times of its previous value six months before.Bitcoin price was just $850 in december 2016 and now its price is $3302.So,it would not be a wise decision to sell bitcoins now.If bitcoin price increases in this same speed,then it might even cross $5000 by this year end.So,better hold it for a secured future.
jr. member
Activity: 58
Merit: 1
August 09, 2017, 06:16:54 AM
Bitcoin wallet can be of good help to access a bitcoin as it is very important to secure and back up of it.
member
Activity: 84
Merit: 10
August 09, 2017, 06:14:55 AM
I think I will hold my bitcoin because i know that the price of bitcoin will increase day by day in the near future.In addition to that, many bitcoin users hold their bitcoin. Holding is one the best strategy that you can do if you want to make a good profit.
full member
Activity: 326
Merit: 100
August 09, 2017, 06:11:16 AM
Normally I do not store bitcoins. If I get bitcoin I instantly exchange it into money and use it to buy daily necessities. But now I'm starting to think that if from the first time I save bitcoin maybe now I am a lot of money.
member
Activity: 114
Merit: 100
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August 09, 2017, 06:01:21 AM
I keep my coins for the future and use them for my needs only as a last resort when there is no cash. Also for security, I invest in other coins and hold them. I am sure that in the future they will rise very high.
full member
Activity: 126
Merit: 100
Back from Vacation!
August 09, 2017, 05:54:51 AM
Yes, absolutely, though I currently own a very less amount of Bitcoins, I will definitely be holding on to what I have to see the possible price of BTC in the future. It is rising pretty fast in value, and at the rate by which value of BTC is increasing, I really don't see any case when there could be a net fall in the value of BTC, so best to hold now and use them a while later, when they will have a much greater value.
full member
Activity: 252
Merit: 100
August 09, 2017, 05:25:17 AM
No, I am not holding on to my Bitcoins. I convert them into cash immidiately after getting it. But the reason for this is because I do not have that much net worth yet to gamble in an investment instrument like Bitcoin. I am just starting my career and would focus for now on saving before geting into investments such as Bitcoin. This is what I learned in basic finance. That when investing, you should consider it as gambling. The amount of investment you should put in should be the amount that you are capable to loose.
full member
Activity: 504
Merit: 100
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July 29, 2017, 01:17:09 AM
Of course all altcoins is an alt so bitcoin is the best coin to hold compare to altcoins that only rise when bitcoin rise and only dumps when bitcoin only rise.
full member
Activity: 938
Merit: 137
July 29, 2017, 01:11:58 AM
I think that those who profit their profits in crypto-currency in large part are kept in bitcoins as saving, which in turn generates a significant income due to the constant growth of its rate. Alternative crypto currency is also suitable for these purposes, but it is subject to greater risk, because of its large number in each altcoin, it is necessary to understand well and be confident in its prospects.
sr. member
Activity: 812
Merit: 250
July 04, 2017, 08:48:12 AM
Holding is actually a good form of investment. I am currently holding 75% of my coins and using the rest to trade/buy/sell alts. Bitcoin does have a potential but we never know whats going to happen in the future.
I absolutely agree that holding is a good form of investment. In addition to that, holding is best strategy if you want to gain good profit. I will hold my bitcoin for a long time because I know that the price of bitcoin will increase in the near future. If you hold you bitcoin and sell it in the future you can become a millionaire.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
July 04, 2017, 08:47:54 AM
I would assume that all of us here are 100% sure that Bitcoin is rising in value and the recent correction many days ago is just a temporary setback and in fact Bitcoin is now again rising in price albeit a more timid way.

With this scenario in mind, majority of Bitcoin holders are not spending their Bitcoin but holding them just like a precious gold somewhere in the cyberspace.  The mantra seems to be HOLD HOLD HODL HODL and I am seeing it everywhere in Facebook, forums, group chats and even in cafeterias worldwide.

Together with the increasing demand coming from Japan, et. al., this in turn is helping  push the Bitcoin upwards and once the scaling problem can be solved by August we are expecting that Bitcoin can jumping with joy and a resurgence like we have never seen before.

Just hold them and never be tempted to sell or you would later on regret as if 50% of you died digitally.


Yeah , this is the truth , many of the people including my friends are not selling Thier Bitcoin and holding for the future , because of the statement by the government of legal declaration  .
But in these days I am seeing that the down in the price clearly showing that how much the people ( mostly newbie ) are feeling dear to loss Bitcoin in the hardfork , but there is nothing to worry for us because everything in the Bitcoin is safe and everything is secuire .
So I think here with the better future we should buy more and more Bitcoin to make money because this is the usual for us that after the hardfork the price will surely increase very fast because of the big activity after the start of the network
sr. member
Activity: 489
Merit: 250
July 04, 2017, 08:40:28 AM
Until my rigs have broken even I convert 75% to fiat and hold the other 25% then once they are in profit I'll probably hold more like 75 and convert out 25 I think

Holding on coins is always good option. Its specially good when its about crypto coins but in this case its alpha of coins i.e. bitcoins.
I think I will hold my bitcoin because i know that the price of bitcoin will increase day by day in the near future.In addition to that, many bitcoin users hold their bitcoin. Holding is one the best strategy that you can do if you want to make a good profit.Lastly, if you hold your bitcoin it will help you to gain more profit and money.
hero member
Activity: 1120
Merit: 553
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July 03, 2017, 06:47:47 PM
Many are still holding and keep waiting until the pump if bitcoin's price value. Although it takes time to happen, patience is a real virtue. Just keep on holding your bitcoin and you will get a sure feedback as soon bitcoin's price value pumps. But we cannot blame those who have already sell or selling their bitcoin because it is their way to earn extra money with a real gain or profit.
hero member
Activity: 2268
Merit: 789
July 03, 2017, 06:45:14 PM
Look at the charts. If you decided to hold a couple days ago instead of selling at the dip, you now have more value in your hands and more value ultimately means more money. Anyway if you know how to trade it's far better than holding. You can buy more coins low and in the end hold more. If you add to it that Bitcoin is gaining value and will be worth much more than it is now it's profit on top of profit.
it is still not time to sell, you need to hold your bitcoin for some more time, because still a lot of potential is there in bitcoin price. i think so people have miss guided because of the the wrong prediction of bitcoin and therefore they are reluctant to hold their bitcoin. they want sell even in such a low price, but still there are people who are holding bitcoin so firmly and are not ready to sell their bitcoin in such situation and such people are in fact giving strong support to bitcoin, and therefore the is remain so stable for a long time. hope their strong decision will give the great reward.


No one really knows what will happen in the future since the prices of bitcoins are very erratic. But like you said, if you are going to look at the charts, there is really the potential of the price increasing over time. Holding bitcoins will yield you better results compared to selling it today and regret it later. I had a friend who had like 5 btcs 2 years ago and he patiently waited until last April on where the bitcoin prices skyrocketed up to ~3500$.
MMA
legendary
Activity: 1134
Merit: 1000
July 03, 2017, 06:36:59 PM
Look at the charts. If you decided to hold a couple days ago instead of selling at the dip, you now have more value in your hands and more value ultimately means more money. Anyway if you know how to trade it's far better than holding. You can buy more coins low and in the end hold more. If you add to it that Bitcoin is gaining value and will be worth much more than it is now it's profit on top of profit.
it is still not time to sell, you need to hold your bitcoin for some more time, because still a lot of potential is there in bitcoin price. i think so people have miss guided because of the the wrong prediction of bitcoin and therefore they are reluctant to hold their bitcoin. they want sell even in such a low price, but still there are people who are holding bitcoin so firmly and are not ready to sell their bitcoin in such situation and such people are in fact giving strong support to bitcoin, and therefore the is remain so stable for a long time. hope their strong decision will give the great reward.
hero member
Activity: 2184
Merit: 531
July 03, 2017, 05:56:09 PM
Look at the charts. If you decided to hold a couple days ago instead of selling at the dip, you now have more value in your hands and more value ultimately means more money. Anyway if you know how to trade it's far better than holding. You can buy more coins low and in the end hold more. If you add to it that Bitcoin is gaining value and will be worth much more than it is now it's profit on top of profit.
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