Topic: Are you holding your bitcoin for a price increase? - page 182. (Read 247095 times)
I try to stick to the bare minimum, yet i need to cash and pay with it from time to time, but I try to postpone as much as possible
I'm trying to hold as I know that price increase we are all waiting for is coming. Maybe not this month and maybe not the month after that but its coming.
My problem however is that my bitcoins are as slippery as oil, they just flow into and out of my wallets. Having a hard time to keep them in the wallet, most probably as I try and use bitcoin as my first form of payment whenever I pay for something.
Think its time to setup a paper wallet and give my better half the private key so that I cannot touch it
My problem however is that my bitcoins are as slippery as oil, they just flow into and out of my wallets. Having a hard time to keep them in the wallet, most probably as I try and use bitcoin as my first form of payment whenever I pay for something.
Think its time to setup a paper wallet and give my better half the private key so that I cannot touch it
The price looks like it is chugging along nicely so I will hold.
So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...
I am holding bitcoin for three reasons. One, I can use bitcoins to get a better price on physical and digital goods through sites like purse.io. Two, I am holding for the long term fundamentals. I think it will rise over time. Three, the short term returns I can get investing in bitcoin are very good. If I hedge the fiat exchange rate over the short term, the fiat returns of my short term BTC investments are sometimes superior to fiat investments.
Yes all three reasons are for the price appreciations, once bitcoin get good prices you will start using it in different ways. I never want to sell off my bitcoins instead I want to spend them in shops where I can get my daily life needs are met. I hold my bitcoin to spend but it's possible once the price raise happen.
I am holding coins, but to be fair I am always going to hold coins no matter what the price. If it goes up a lot, I think I will keep them and sell some. If it goes down, I will probably just keep them I am not entirely invested with all my fiat money.
well technically yes i am holding my bitcoin for a price increase but i dont plan on selling them for a price thats going to come anytime soon. ill selling selling after they get to like $10000 ea
So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...
I am holding bitcoin for three reasons. One, I can use bitcoins to get a better price on physical and digital goods through sites like purse.io. Two, I am holding for the long term fundamentals. I think it will rise over time. Three, the short term returns I can get investing in bitcoin are very good. If I hedge the fiat exchange rate over the short term, the fiat returns of my short term BTC investments are sometimes superior to fiat investments.
I've devided to hold for now. I may even purchase a few more.
Bitcoin is a long term investment to me, I am holding in the desperate hope that we go to the moon & I make lots of money. If not I will have failed & be sad.
Another one taking bitcoin as an investment. Well hope that your desperate hope will succeed. Everyone wants that to happen but of course let's think out of the box and not just focus on holding btc's to grow bitcoins. Much better if while holding there is a coin rotating.
Why not doing both? You hodl a nice amount and the rest you use to buy stuff, refill your wallets after that and continue this circle. Best of course would be to have stores and merchants who accept and take Bitcoin direct.Speaking of closed loops here. For now wishful thinking I know but hope that is going to change in the future some day.
yes i hold my bitcoins for an increase of price
yes i am holding about 0.25 BTC for a price increase.. lets see what happens
Hey I do not have even that much also. But now I started to learn how to earn more. Till I improve my forum rank I would be busy in faucet earnings to make some good of bitcoins. I believe bitcoin will hit $1Million per coin level too.
Thats nice but lets be realistic.
The most it can get to in the nearby future is 5000-15000$.
There is just too much comfort for the people with traditional banking systems, they will transition very slowly.
So, next high price would be $10,000 USD. I may believe this once bitcoin passed it's previous high of $1000. Who knows next high may be $100k also.
I think bitcoin price still impossible to touch $10,000. let alone $1,000 to reach $500-$600 its very difficult for bitcoin prices.
Yes I do not expect.
Simply holding bitcoin is not a smart thought for an active trader. The most ideal way with bitcoin is keep, contribute , and use it normally. It not right to consider monstrous price raise at this moment. Since cost of bitcoin will take a year or more before it get higher.
But in response to CasioK's statement:
Doesn't holding any sort of currency show you as being apprehensive or fearful of what will happen to it in the future?
I do not understand why people worry about market cap or other currencies worth when we predicting the future bitcoin price. From a strong analysis, bitcoin will evolve based on it's own conceptual performance other cafeterias are just number which will change over time.
So, next high price would be $10,000 USD. I may believe this once bitcoin passed it's previous high of $1000. Who knows next high may be $100k also.
I think bitcoin price still impossible to touch $10,000. let alone $1,000 to reach $500-$600 its very difficult for bitcoin prices.
Yes I do not expect.
Simply holding bitcoin is not a smart thought for an active trader. The most ideal way with bitcoin is keep, contribute , and use it normally. It not right to consider monstrous price raise at this moment. Since cost of bitcoin will take a year or more before it get higher.
But in response to CasioK's statement:
Doesn't holding any sort of currency show you as being apprehensive or fearful of what will happen to it in the future?
So, next high price would be $10,000 USD. I may believe this once bitcoin passed it's previous high of $1000. Who knows next high may be $100k also.
I think bitcoin price still impossible to touch $10,000. let alone $1,000 to reach $500-$600 its very difficult for bitcoin prices.
Yes I do not expect.
Simply holding bitcoin is not a smart thought for an active trader. The most ideal way with bitcoin is keep, contribute , and use it normally. It not right to consider monstrous price raise at this moment. Since cost of bitcoin will take a year or more before it get higher.
So, next high price would be $10,000 USD. I may believe this once bitcoin passed it's previous high of $1000. Who knows next high may be $100k also.
I think bitcoin price still impossible to touch $10,000. let alone $1,000 to reach $500-$600 its very difficult for bitcoin prices.
I do not think nothing is difficult for bitcoin to advance in price. when bitcoin was around $12 on first halving people might rejected any proposal to $1000 per one bitcoin.
When new money flow into bitcoin buying, no one can not stop bitcoin to reach an unimaginable prices. Only the bigger or biggest price will lead to mass adoption of bitcoin until people will hesitate to adopt bitcoin.
So, next high price would be $10,000 USD. I may believe this once bitcoin passed it's previous high of $1000. Who knows next high may be $100k also.
I think bitcoin price still impossible to touch $10,000. let alone $1,000 to reach $500-$600 its very difficult for bitcoin prices.
also 100k would make everyone rich, everyone would dump, i think it's almost impossible without a very massive adoption all over the world
you need stable value for such price
Bitcoin is a long term investment to me, I am holding in the desperate hope that we go to the moon & I make lots of money. If not I will have failed & be sad.
You never will be sad for your faith in bitcoin. Bitcoin is the future of world economic. Many surveys has conformed it. Like you many people have been holding bitcoin for a better price as per Satoshi. Bitcoin price by 2020 would be half a million or even one million also. Hold tighter. Good luck.
Goodluck if one can take to hold bitcoin without rotating it, waiting for 2020, without doing any method to grow it. It is really a success if one can managed to do this and the predictions to bitcoin to kick for a fantasy price will happen. Im glad there are people who trust bitcoins so much to the point that it surpass the maximum realistic expectation based on self speculation.
Bitcoin is a long term investment to me, I am holding in the desperate hope that we go to the moon & I make lots of money. If not I will have failed & be sad.
You never will be sad for your faith in bitcoin. Bitcoin is the future of world economic. Many surveys has conformed it. Like you many people have been holding bitcoin for a better price as per Satoshi. Bitcoin price by 2020 would be half a million or even one million also. Hold tighter. Good luck.
Bitcoin is a long term investment to me, I am holding in the desperate hope that we go to the moon & I make lots of money. If not I will have failed & be sad.
Another one taking bitcoin as an investment. Well hope that your desperate hope will succeed. Everyone wants that to happen but of course let's think out of the box and not just focus on holding btc's to grow bitcoins. Much better if while holding there is a coin rotating.
Bitcoin is a long term investment to me, I am holding in the desperate hope that we go to the moon & I make lots of money. If not I will have failed & be sad.
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