Are You Holding On To Your Bitcoin? - page 7.

fancy_pants

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Quote from: s0beit on June 22, 2017, 05:03:00 AM

I hold only some because we need money monthly for my family so i need to convert in cash some of my bitcoin. It's hard to hold bitcoin in a long time once in your family need an emergency we need to withdraw it for them.

If bitcoin is the only source of income for you then you need to sell them on regular basis but if you have full time job and getting paid in fiat money then it would be good to hold your bitcoins without spending them as in future the price of bitcoin will be much higher and that would be the best time to sell bitcoins.

stripykitteh

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Quote from: s0beit on June 22, 2017, 05:03:00 AM

I hold only some because we need money monthly for my family so i need to convert in cash some of my bitcoin. It's hard to hold bitcoin in a long time once in your family need an emergency we need to withdraw it for them.

That's why people should have another job instead of relying on Bitcoin to support them in the near future since the price of Bitcoin is not a for sure thing to give a positive influence in ones Bank account.
Bitcoin could be used as an investment where the money could get stored for years without speculating so much on the whole value of a Bitcoin.

s0beit

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I hold only some because we need money monthly for my family so i need to convert in cash some of my bitcoin. It's hard to hold bitcoin in a long time once in your family need an emergency we need to withdraw it for them.

Sniper150

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Quote from: Prodigan786 on June 03, 2017, 04:43:22 AM

I am splitting my bitcoin holdings one part for needs and other part is future investment . For me I can use half of my current holding when the actual need for money and other half I will keep for future so that I don't regret in oth cases if price goes up and down I will be satisfied

That's a good idea for you. I will do the same as yours. Because I don't want to cash out all my bitcoin into my wallet. I think that the value of bitcoin will increase in a few days. That's the big impact when you save half of your bitcoin. Save your bitcoin for your future purposes? That's nice. Because you already knew that bitcoin price was will increase soon.

I'll use my bitcoin when I don't have a load. Because the store here was closing early that's why I need an assistant. I'm so glad and thankful because bitcoin exist in this world. I know that there's a lot of people was helped by bitcoin.

BunnyShibe

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Quote from: Zenithar on June 21, 2017, 06:46:12 PM

Quote from: ModGirl on June 21, 2017, 06:30:34 PM

Quote from: Vikingr on June 21, 2017, 06:06:51 PM

Quote from: ppaul15 on June 21, 2017, 04:48:04 PM

I dont think i will hold it for a long time now, once bitcoin price become 3000$ i will sell my all of my remaining bitcoins. For sure there will be a dump again after it reaches 3000$ peak.

You have to learn about the market of bitcoin then you will know that the price of bitcoin will increase more higher in the coming future. $3000 will happen sooner but after that the price will continue to increase more higher, If you will keep till that time then you will earn much more as the price will increase and will not dump.

Yes you are right if he will keep his bitcoin for more longer then he will definitely earn more profit with his bitcoins because the value of bitcoin is going much more better with the passage of time.

holding bitcoin for a long time is really a good decision. because the price of bitcoin can increase more and more in near future and if you have invested a good amount of money then you can really get a good profit from it.

that is what i am also holding my bitcoin for a long time and hope that i will get good profit from it. in fact those people who have bought bitcoin when its price was trading below 1000$ just in December 2016, and still holding holding their bitcoin they can now get a good profit from it, and hope that if they will continue holding it that can even increase the value of their investment more. although i bought bitcoin a little late but still i am sure that holding bitcoin for long time will also give me good profit.

Zenithar

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Quote from: ModGirl on June 21, 2017, 06:30:34 PM

Quote from: Vikingr on June 21, 2017, 06:06:51 PM

Quote from: ppaul15 on June 21, 2017, 04:48:04 PM

I dont think i will hold it for a long time now, once bitcoin price become 3000$ i will sell my all of my remaining bitcoins. For sure there will be a dump again after it reaches 3000$ peak.

You have to learn about the market of bitcoin then you will know that the price of bitcoin will increase more higher in the coming future. $3000 will happen sooner but after that the price will continue to increase more higher, If you will keep till that time then you will earn much more as the price will increase and will not dump.

Yes you are right if he will keep his bitcoin for more longer then he will definitely earn more profit with his bitcoins because the value of bitcoin is going much more better with the passage of time.

holding bitcoin for a long time is really a good decision. because the price of bitcoin can increase more and more in near future and if you have invested a good amount of money then you can really get a good profit from it. you just need to remain calm and sound and can hold your bitcoin for a some time tell the price increase more, and therefore after some time you will surely get a good profit.

Lizzie_Girl

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Quote from: FlightyPouch on June 21, 2017, 06:23:48 PM

Quote from: glerand on June 21, 2017, 06:11:04 PM

That's the opinion of every person, but for me, this is the moment to sell, Bitcoin is a little bit instable, it's going up and down very frequently, I expect it to rise up to 3000$, but after a dump to 2000$.
For now, the right decision is to sell.

This will be your decision. Most of the users want to save their bitcoin because they all know that they will be seeing a pump after these network splitting. But before that there will be a dump, so I think if you sell now, that will be profitable, and then when it dumps, you buy some coins and save it for the pump.

Better to buy and sell and ride the wave. Lately it's worked well. Never sell everything always keep a large amount if Bitcoin and even keep some in a cold storage.

ModGirl

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Quote from: Vikingr on June 21, 2017, 06:06:51 PM

Quote from: ppaul15 on June 21, 2017, 04:48:04 PM

I dont think i will hold it for a long time now, once bitcoin price become 3000$ i will sell my all of my remaining bitcoins. For sure there will be a dump again after it reaches 3000$ peak.

You have to learn about the market of bitcoin then you will know that the price of bitcoin will increase more higher in the coming future. $3000 will happen sooner but after that the price will continue to increase more higher, If you will keep till that time then you will earn much more as the price will increase and will not dump.

Yes you are right if he will keep his bitcoin for more longer then he will definitely earn more profit with his bitcoins because the value of bitcoin is going much more better with the passage of time.

FlightyPouch

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Quote from: glerand on June 21, 2017, 06:11:04 PM

That's the opinion of every person, but for me, this is the moment to sell, Bitcoin is a little bit instable, it's going up and down very frequently, I expect it to rise up to 3000$, but after a dump to 2000$.
For now, the right decision is to sell.

This will be your decision. Most of the users want to save their bitcoin because they all know that they will be seeing a pump after these network splitting. But before that there will be a dump, so I think if you sell now, that will be profitable, and then when it dumps, you buy some coins and save it for the pump.

Proximity Scan

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I'm all holding mine and saying my friends to do the same thing so. I tried trade it made me lose some.

glerand

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That's the opinion of every person, but for me, this is the moment to sell, Bitcoin is a little bit instable, it's going up and down very frequently, I expect it to rise up to 3000$, but after a dump to 2000$.
For now, the right decision is to sell.

kayeme

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Quote from: Vikingr on June 21, 2017, 06:06:51 PM

Quote from: ppaul15 on June 21, 2017, 04:48:04 PM

I dont think i will hold it for a long time now, once bitcoin price become 3000$ i will sell my all of my remaining bitcoins. For sure there will be a dump again after it reaches 3000$ peak.

You have to learn about the market of bitcoin then you will know that the price of bitcoin will increase more higher in the coming future. $3000 will happen sooner but after that the price will continue to increase more higher, If you will keep till that time then you will earn much more as the price will increase and will not dump.

That's exactly why I keep holding and I don't even pay attention to corrections/crashes anymore. I think next year we can easily see a price higher than $10000

Vikingr

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Quote from: ppaul15 on June 21, 2017, 04:48:04 PM

I dont think i will hold it for a long time now, once bitcoin price become 3000$ i will sell my all of my remaining bitcoins. For sure there will be a dump again after it reaches 3000$ peak.

You have to learn about the market of bitcoin then you will know that the price of bitcoin will increase more higher in the coming future. $3000 will happen sooner but after that the price will continue to increase more higher, If you will keep till that time then you will earn much more as the price will increase and will not dump.

Janation

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Quote from: KrakAJAX on June 21, 2017, 02:47:26 PM

It's good to accumulate as much Bitcoin as you can before it starts getting into the 5 to 10k price range, however holding it isn't going to make it grow. Either trade it and make money on altcoins then trade back, or dump more fiat currency in!!

Most users want to have or accumulate a lot of bitcoin so when it pumps, they will be having good profit. But you are right, if all people will be saving all of their bitcoins, there will be no pumps that will happen unless it is used or circulated in the network. If not used, bitcoin will be stagnant and the price will just stay the way we live it here.

Russlenat

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For me I just hold my bitcoin earnings and I do it for long term and also with my alt-coins because the market value of all these cryptocurrencies is still rising and some of my earning is for trading purposes also.

iphone5s

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I am currently holding 75% of my coins and using the rest to trade/buy/sell alts.

davids

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Many of us here is holding a bitcoin for aiming a profit.
I also hold bitcoin, but mostly used in altcoin investments. I can get good benefits from bitcoin side and altcoin, that's why i do it

Ethan_Locke

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Make a Bet, Make a Bit!

YES, and you should be too. Cut out all of the noise and look at what Bitcoin in terms of economics is setup to do. RISE BABY!

Shenzou

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Quote from: ppaul15 on June 21, 2017, 04:48:04 PM

I dont think i will hold it for a long time now, once bitcoin price become 3000$ i will sell my all of my remaining bitcoins. For sure there will be a dump again after it reaches 3000$ peak.

In my opinion and from what i learned you should always keep saving your coins until some day you either really need the money or the bitcoin is about to witness a massive drop, because whenever the price goes up it usally keeps going up and selling it will cause you to lose moeny.

ppaul15

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I dont think i will hold it for a long time now, once bitcoin price become 3000$ i will sell my all of my remaining bitcoins. For sure there will be a dump again after it reaches 3000$ peak.

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