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Topic: Bitcoin Hold - page 4. (Read 889 times)

member
Activity: 328
Merit: 10
June 27, 2019, 12:26:50 PM
#12
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
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
June 27, 2019, 10:46:35 AM
#11
Hello, I´m 13

You are too young Grin

What do you think about my opinion? Wink

let's imagine that the price reaches $ 20,000 this year, would you sell? and if in the next year the price reaches 40,000 $ for example? How would you be? I think you should consider selling a part and continuing to hold another part, or sell and buy when the price falls
full member
Activity: 1330
Merit: 147
June 27, 2019, 10:43:55 AM
#10
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.

The strategy is really needed when you start to invest, don't only choose a coin randomly and don't choose to hold it for time and a price that you don't specify. You have a good startegy so as you will get benefit when bitcoin price touch $20.000 don't be greedy to want more to get profit, usually this is often to occur to some people and honestly ends up with regretting.
legendary
Activity: 1652
Merit: 1265
June 27, 2019, 09:09:19 AM
#9
If you are 13 then please talk to your parents about this.
Bitcoin is a good investment however keeping your assets secure is not as simple.
Last thing I would wish you is to get scammed, etc.

Also consider the fact that your $9200 could become way less. Only invest what you are willing to lose.

That said, I wish I had $9200 when I was 13 .... Hope you got it through legit means ;-)
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
June 27, 2019, 08:18:26 AM
#8
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? Wink

Yes, that will be a good option for you to sell bitcoin at $20,000, but you need to have patience because we don't know when bitcoin price can hit that price. The only matter why people cannot take a bigger profit is because they are too greedy and don't have the patient to wait for a while. They want instant money by holding bitcoin in a short time. If you can stay calm and enjoy the ride, you will have a chance to sell bitcoin at $20,000. But you will have more option to sell bitcoin when the price hit $13,000-$15,000 because if the price reaches the highest price, it will go down for a while so you can buy more bitcoin. But that is only if you have skills to analyze.
full member
Activity: 686
Merit: 108
June 27, 2019, 08:07:13 AM
#7
A young investors indeed, though I’m curious where did you ger your money and who introduce bitcoin to you but i guess you’re doing good on investing with bitcoin. If you hold and willing to wait for the new ATH then you must have enough money to fund it and you must be ready to take the risk, you’re young but you have to decide right.
legendary
Activity: 2576
Merit: 1655
June 27, 2019, 07:42:54 AM
#6
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? Wink

I'm quite amused that you where able to find bitcoin and invest on it when the price is still at the 4 digits. Anyways, I'm not an expect on financials, specially bitcoin. But let me tell you something, I need you to research all about the early investors of bitcoin and see how they become millionaires by today's standard. Grin.
sr. member
Activity: 763
Merit: 252
June 27, 2019, 07:05:12 AM
#5
you're to young to learn about bitcoin and thats great in that age more explore and at the age of 20 and up your rich... about your opinion that exactly right if you dont know how to trade much better to keep it in secure wallet and wait for your targeting price thats good...
legendary
Activity: 1792
Merit: 1283
June 27, 2019, 06:59:34 AM
#4
How much money are you actually looking to spend and what would happen if you lost everything?
One piece of advice, do not believe in any price predictions, no-one can ever know for sure if you're going to make profit or not.

For all we know, the price drops back to $2000 tomorrow. Sure, it's unlikely, but it can always happen.

My suggestion would be to just start slowly accumulating BTC and keep it regardless of what the price does.
Only spend whatever money you can lose and do it with the permission of your parents of course. Maybe even involve them in the process and try to explain it to them.

Now, I don't know how you've gotten that money, but I highly suggest using money you've actually worked for (if that's an option, since you're only 13).
The reason why I'm saying this, is because that way, you would generally be a little bit more careful about investing it. It's pretty painful to lose money you've worked hard for, so you'd be more careful with it.

I assume you already know not to keep money on exchanges? What kind of wallet would you be using?
Make sure there's no malware on your PC & only use trusted exchanges.
hero member
Activity: 3038
Merit: 634
June 27, 2019, 06:16:45 AM
#3
It means that your target price is $20k which is a very popular amount because we've reached that last 2017. You are too young and you're exploring very well at your early age, you're doing good don't be just too emotional if the price goes under $9200.

I'm worried on how you are keeping your bitcoins now? where you have keep them? on a hardware wallet?
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 27, 2019, 05:48:50 AM
#2
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? Wink
If you really are 13 years then you are very lucky here among a lot of us. I have nothing to say you about the Bitcoin you bought (HODL or sell) but I am glad that we have such younger people interested in Bitcoin. Whatever you do with your Bitcoin, my only suggestion is for you that follow this topic: https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336 (Wall Observer BTC/USD - Bitcoin price movement tracking & discussion).

Active the email notification of that topic and follow those experts on that topic. You will not need to wonder around in this whole forum.

Good luck.
newbie
Activity: 1
Merit: 0
June 27, 2019, 05:38:40 AM
#1
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? Wink










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