Topic: Bitcoin Hold - page 3. (Read 889 times)
There are lot of predictions by most of the trusted crypto experts that Bitcoin will reach of up to $100,000 or more therefore if you don't have a timeline for your goal then it will reach $20,000 as long as your patience is for real. Bitcoin market price has been all time high before then there is no reason that it will never hit it again.
Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion? 
For sure you would not have bought the 1 bitcoin with your own money because no one can earn this much by the age of 13. But the good thing is that you have bought 1 bitcoin. Now you need to forget it and check it again once you are 26. You will be millionaire at the age of 26, provided you are not tempted to sell it in between these 13 years.
That is very rare to see 13 yeras old kids interested in investing bitcoin, but I suggest you to learn the basic and the market, dont invest because your are following your friend, so you can know where is the exit point and where you can take profit, 20k might be a bit difficult need a bit longer time to reach
You need to educate yourself first on the basic of cryptocurrencies so you can fully understand how these coibs works and acts when an event happens. Being a 13 year old is not a problem as long as you understand what cryptocurrencies are all about and be ready and accept any outcome of your cryptourrency investments. If you can able to create your own strategy for this kind of investment, then it is better because it help you a lot.
You need to have a prediction by yourself and you need to often to read the speculation or the prediction who by some experts and some users about bitcoin price. These things will help you to be a holder bitcoin. You can get a clearly thought when you often to see it compared to see the price movement per minutea/hours/days, you have to avoid it if you want to be a holder. You have a younger young who doesn't has any trouble in your life especially to the issue of economy. I mean you don't have a burden to face your daily life to spend money, you don't have a monthly payment and other thing such as the man who has got merried. If I were you, I'll be a long term holder and I don't have a doubt to choose it.
I would say to just hold your bitcoin and wait for the $20,000 BTC amount to be reached, But I guess the price will definitely even be higher and we can see another new all-time high.
Most definitely. It's an extremely bullis event for Bitcoin to smash through its previous all time high, especially with how we can only guess where it will go from there. It could be $30 or even $100k.The moment Bitcoin makes a new all time high that's when you want to be long as neutral investor. It's a confirmation for them that Bitcoin is here to stay and not go back to zero as bears like Peter Schiff say.
At most you could cash out a small portion of your holdings if you're really tempted, but I would not want to part with my coins after such a bullish event. No one should if money isn't needed.
Bitcoin's price is going up and it will be much higher in the near future, most likely. So, I believe that holding is the best way to make the maximum possible profit with BTC.
There are also some other promising cryptocurrencies which deserve holding as well, like ETH and LTC.
There are also some other promising cryptocurrencies which deserve holding as well, like ETH and LTC.
Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?
Your age is not a limit factor for you not to invest your money in Bitcoin and crypto currency in general and you even see that as at the time you bought your Bitcoin and its current market price you are now in profit of over $2000 if am not mistaking. Is not a bad idea if you intend to hold for a period pending when its value reach your target of $20,000.
Hold is the case where people make big obey in theory or long term and just check if people had sold at 5k levels it then how would they make money by holding till now and more if they continue to hold it to coming time . Btc will continue to rise .
Most people the same as your age would surely not gonna think of something like this to trade in such as vast opportunity as a cryptocurrency because of most of the time people the same as your age are just thinking of wasting money and just wants to be dependent on their parents, I guess you really have a matured mind that really wants to be financially free, I guess you can surely learn from this forum a lot from investing properly, trading and mostly learning from experience is the real key, And we and other youth as your age will surely learn from you as well,
I would say to just hold your bitcoin and wait for the $20,000 BTC amount to be reached, But I guess the price will definitely even be higher and we can see another new all-time high.
I would say to just hold your bitcoin and wait for the $20,000 BTC amount to be reached, But I guess the price will definitely even be higher and we can see another new all-time high.
Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?
The buying price is cheap, and that target price is possible so I suggest that to hold more bitcoin. I'm amaze knowing your age, I wish also to start on that age because of good opportunities. You have more time to make mistakes I guess, so have the courage to take the risk and always be prepared. The price of bitcoin now is pumping, even if we saw a short pullback I'm still confident that you can hit your target price. 
Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?
Its good that you have goals and although you are just 13 years old, you have a matured financial mind. Dont worry about the value much because you choose the right crypto to hold. If you have that goal value, you should also have a lots of patience with you. Crypto requires a lot of patience so better have it then your goal will soon be reached.
Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?
Since you bought it at $9,200 then it definitely makes sense to HODL it until it reaches a decent price. But remember that don't expect too much price target as it might give you regret and disappointment.
I will give you 2 pointers.
a) If you see profits, don't hesitate to sell "if you are aiming to take advantage of the possible price swings". Since you are already over a year studying how BTC price behaves, you should now at least know how to consider some factors before selling. You will not risk decent money after all, at your age, if you don't know what you are doing. You can make a re-entry anytime.
b) If you are eager to wait for that $20,000 then it's up to you. In price ups and downs, you must force yourself not to dump it but instead just continue the accumulation. It will take time and needs tons of patience. And honestly, we don't know here if after reaching $20,000, you will really sell or will be carried away for much higher expectations.
Good luck with that.
You should be holding much higher than $20k. $20k was the previous peak. Look at the history of bitcoin. Every time Bitcoin hits the previous peak, that's when the price gains really start. If you sell at $20k, you'll miss out of most of the gains you could get in the months that follow. I'd put your sell target at more like $50k if you want to be safe. Personally I think this market cycle (ending I think probably late 2020) will go over $100k. My personal plan is to sell most of my Bitcoin in the $80k's and $90k's.
$20k is the start of the real gains, not when anyone should be selling.
$20k is the start of the real gains, not when anyone should be selling.
Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?
I was 14 when I started in bitcoin and I don't know how you bought those coins (I couldn't find an exchange to get them from when I was 14 - I had to earn some instead).
I'd say, don't aim for $20000. I think it might be much more reasonalbe to wait until we go over there. I think that spike is going to be huge like the one over $10k and it might go up to $21k and you've missed out a bit of profit.
Juske heep holidn your coins, and once we go over $20k keep hold of them and wiat to see what happens.
Wow!!!
You are young. Where the hell are you getting all those money to buy bitcoin.
At your age I am still playing and not thinking about how much money I have or where to invest it.
Good for you. But do look at the better side too. Tell your parents about it but do not tell yet that you are invested with it. Just try if they will like it or dislike.
You will never know. Maybe they can support you here if they agree and then add some more for your future funds.
Good luck holding it and I hope you dont start to panic even if it goes down. It might take long for that number to reach but it will come. Definitely. Just be patient.
You are young. Where the hell are you getting all those money to buy bitcoin.
At your age I am still playing and not thinking about how much money I have or where to invest it.
Good for you. But do look at the better side too. Tell your parents about it but do not tell yet that you are invested with it. Just try if they will like it or dislike.
You will never know. Maybe they can support you here if they agree and then add some more for your future funds.
Good luck holding it and I hope you dont start to panic even if it goes down. It might take long for that number to reach but it will come. Definitely. Just be patient.
I am holding also though bought a little lower than were you buy. Since you are new it is better you spend little time to find out how bitcoin has been behaving in the past and what has happened when people buy and could not wait to see changes in pricing. Bitcoin will get to $20,000 but from my experience, you should be ready to control your emotions as this market is full of up and down.
Its going to sound a bit cliche but I have no doubt its true to say you as a person will grow more then Bitcoin in the next 7 years or so. You are your own best investment, at your stage in life you can choose to become more skilled in knowledge of the protocol development itself.
If you can be involved in a product which is growing, in a sector which is expanding then it will benefit you greatly as an adult. Its hard when young to gather the capital but you do have the advantage of a brain ready for new ideas and alot of the world struggles with this point, you are ahead of the game already to be here and ready to learn.
If you can be involved in a product which is growing, in a sector which is expanding then it will benefit you greatly as an adult. Its hard when young to gather the capital but you do have the advantage of a brain ready for new ideas and alot of the world struggles with this point, you are ahead of the game already to be here and ready to learn.
13 years old? May I ask where you bought your coins from? Most exchanges doing KYC/AML level verification have age restrictions in place to prevent people of your age to use their platform.
Dream big. Aim at $100,000 which shouldn't be that much of a problem considering how young you are. By the time Bitcoin hits that price target you have more economical experience and a better state of mind when it comes to utilizing the wealth you have managed to built up.
It's common sense that if you blindly buy at X price to sell at Y price that you are gambling. No need for "experts" coming out and say that.
Dream big. Aim at $100,000 which shouldn't be that much of a problem considering how young you are. By the time Bitcoin hits that price target you have more economical experience and a better state of mind when it comes to utilizing the wealth you have managed to built up.
Some expert says if you know the future or the next price from the investment place that you choose then when you spend money for it you are really intend to invest but if you spend money for the place investment then you didn't have a predict price or you don't have a strategy for your investment then you are in gambling.
Experts? Most "experts" you see pop up nowadays are clowns trying to surf on Bitcoin's success because their own career has taken a slump.It's common sense that if you blindly buy at X price to sell at Y price that you are gambling. No need for "experts" coming out and say that.
If you want to get a big profit in bitcoin then it is very good to save the bitcoin that you have, so that at one time you get the right price to release the bitcoin, but if you are not sure about raising the price of bitcoin then you are better off doing long-term trading short
Wise words.
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