Bitcoin Hold | Bitcointalksearch.org

Omega Weapon

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Quote from: romero121 on October 23, 2019, 05:40:54 AM

It's around three month from the date Op has mentioned about his interest Inn bitcoin, age and the buying of bitcoin at a price of $9200. From the description provided he's very lucky to know about bitcoin at a much younger age of 13. Also he has understood better about the technology as well as has known about holding of bitcoin to profit in the long run.

I believe he isn't a active bitcoin user, and it seems he buy and holds for profit. That's why he isn't not much active in the forum. Probably he'll be the Eric Finnman of the falling generation.

We do not know what happened to the op since it seems he only created his account to ask that question but two positive days was all what it was needed to change his position from a losing one to a winning one, he bought at 9200 and the price is above 9500, while it is nowhere close to the profits he was expecting since he wanted to wait until bitcoin surpassed its ATH, at the same time he is experiencing profits above 3.5% and starting your trading career with a profit is always many times better than starting with a loss.

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

Your early awareness about bitcoin as a kid will go a long way in making you successful in future you did well by buying bitcoin at $9200 although presently the price had been dumping in past few days I believed your aim is to hodl the bitcoin for a long term investment obviously with upcoming of halving of bitcoin in 2020 the tendency of the price hitting $20,000 your projected target is very feasible and realistic ensure that your bitcoin is well secured.

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It's around three month from the date Op has mentioned about his interest Inn bitcoin, age and the buying of bitcoin at a price of $9200. From the description provided he's very lucky to know about bitcoin at a much younger age of 13. Also he has understood better about the technology as well as has known about holding of bitcoin to profit in the long run.

I believe he isn't a active bitcoin user, and it seems he buy and holds for profit. That's why he isn't not much active in the forum. Probably he'll be the Eric Finnman of the falling generation.

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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 idea 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 am hoping you are still holding on to your 1 Bitcoin despite if the market is sometimes discouraging. Since you bought yours at the $9,200 level, selling it now can mean a loss of more than $1000 which is not a good proposition to consider, after all Bitcoin is meant to be hodl for some time and you must generate some profit in order to make this adventure worthwhile. Your situation is a lot better than those who entered Bitcoin when it reached its highest of almost $20K and I am sure many of them right now are looking forward to 2020 halving that can push the price higher than we expect. Hope springs eternal and this can be the time to continue on believing in the powerful potential of this coin, no matter what others might say otherwise.

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At a young age you can save money is extraordinary and you at this age are familiar with crypto, this is a golden opportunity, because bitcoin is an asset that must be saved for the future. Many experts or masters of crypto predict that bitcoin will reach the highest price, but we must be patient to make it. Hold your bitcoin until the highest price according to your expectations

A lot of underages already involved into crypto. 1 thing that they like is they don't need ID card to make wallet. MEW and blockchain not really force their users to do KYC, so they can earn and save their coins in wallet.

barnes13

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Your opinion is very good, and you are also fortunate to have known Bitcoin since the age of 13 years. That is a plus for you, with a young and fresh age you can spend more time learning all things about Cryptocurrency and Blockchain Technology itself. Bitcoin really has the potential to become more expensive in the future, especially if it has reached the maximum supply. Market demand will increase while supply is very limited. So I think $20,000 is something that is very possible, even McAfee predicts that in the next 4-5 years Bitcoin can touch $500,000.

Omega Weapon

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Quote from: btc_angela on October 15, 2019, 06:13:59 AM

Quote from: Omega Weapon on October 14, 2019, 08:20:01 PM

]I wish I was that smart when I was 13, if this young person really decides to invest in bitcoin and it is capable of holding his coins then he will surely become a success story in the forum, however as we know it is not easy at all to hold our coins especially when the price crashes like what we saw some years ago, so as long as he also believes in the technology and it is not here just for the money he will do fine but if he only cares about the money there is a chance he will lose it if the price crashes.

Well not all 13 years has the mindset to save money by investing it in bitcoin or any other crypto for that matter. If all of us will do, then by this time we could all be millionaires, there could be some exceptions though, specially kids who have been raised in a family wherein he it being guided by someone and teaches him the value of early savings, not just in crypto but maybe in stocks.

Not all 13 year olds have that mindset but we need to try to teach them how important is to save and to invest, in my country almost no one has any savings and even the smallest inconvenience can cause a crisis in the family and this not only affects families with low incomes, this affects everyone, most of my friends have no savings and I know they spend their money in many things they do not really need, and without any savings then you cannot invest and improve your economic situation.

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Quote from: watergold on October 16, 2019, 12:58:58 PM

1. Gold - prices tend to be stable and will not go down even badly each year prices always increase, that's why

Firstly, when compared to crypto volatility gold looks very stable, but outside the crypto market gold movements of 2-3% are considered big and they do affect whole industries relying on the metal.

Secondly, the price of gold doesn't increase each year---it has gone through a multi year bear market and has just woken up in the last 12 or so months. It's still far away from its all time high of $1.9k per ounce.

Quote from: watergold on October 16, 2019, 12:58:58 PM

2. Bitcoin - chose bitcoin because fluctuating prices can go up significantly, so I prefer bitcoin.

Prices can go down a lot in Bitcoin too, so it comes down to what side of the trade you are on..... luckily for people they can make money regardless of the market sentiment and direction thanks to platforms such as BitMEX.

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Quote from: btc_angela on October 15, 2019, 06:13:59 AM

Quote from: Omega Weapon on October 14, 2019, 08:20:01 PM

Quote from: gandame on October 14, 2019, 06:18:07 AM

You are young but you are so smart at age of 13 you buy bitcoin and you want it to hold. Good for you my dear. Hold your bitcoin and you will wait at the right time to sell it. I know you have a big faith on bitcoin thats why you invest in bitcoin.

I wish I was that smart when I was 13, if this young person really decides to invest in bitcoin and it is capable of holding his coins then he will surely become a success story in the forum, however as we know it is not easy at all to hold our coins especially when the price crashes like what we saw some years ago, so as long as he also believes in the technology and it is not here just for the money he will do fine but if he only cares about the money there is a chance he will lose it if the price crashes.

Well not all 13 years has the mindset to save money by investing it in bitcoin or any other crypto for that matter. If all of us will do, then by this time we could all be millionaires, there could be some exceptions though, specially kids who have been raised in a family wherein he it being guided by someone and teaches him the value of early savings, not just in crypto but maybe in stocks.

Such children are the luckiest of all because they have such precious elders in their life who teaches them the value of saving money or investing money in crypto, actually they make them understand of all the situation which they will face in life regarding money. I think early saving of money will help children in life ahead, as a person grows his expenses also increases.

Saving is very important for the future and family, I have been investing more than 2 years in bitcoin and gold for a long term. Why do I prefer gold and bitcoin?

1. Gold - prices tend to be stable and will not go down even badly each year prices always increase, that's why
2. Bitcoin - chose bitcoin because fluctuating prices can go up significantly, so I prefer bitcoin.

All proceeds for the future of my child if one day.

btc_angela

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Quote from: Omega Weapon on October 14, 2019, 08:20:01 PM

Quote from: gandame on October 14, 2019, 06:18:07 AM

You are young but you are so smart at age of 13 you buy bitcoin and you want it to hold. Good for you my dear. Hold your bitcoin and you will wait at the right time to sell it. I know you have a big faith on bitcoin thats why you invest in bitcoin.

I wish I was that smart when I was 13, if this young person really decides to invest in bitcoin and it is capable of holding his coins then he will surely become a success story in the forum, however as we know it is not easy at all to hold our coins especially when the price crashes like what we saw some years ago, so as long as he also believes in the technology and it is not here just for the money he will do fine but if he only cares about the money there is a chance he will lose it if the price crashes.

Well not all 13 years has the mindset to save money by investing it in bitcoin or any other crypto for that matter. If all of us will do, then by this time we could all be millionaires, there could be some exceptions though, specially kids who have been raised in a family wherein he it being guided by someone and teaches him the value of early savings, not just in crypto but maybe in stocks.

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Quote from: Inkdatar on October 14, 2019, 05:25:16 PM

Quote from: gandame on October 14, 2019, 06:18:07 AM

Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You are young but you are so smart at age of 13 you buy bitcoin and you want it to hold. Good for you my dear. Hold your bitcoin and you will wait at the right time to sell it. I know you have a big faith on bitcoin thats why you invest in bitcoin.

This kid is very clever at his age he is interested in crypto and even invested in bitcoin. When I was young I know nothing and didn't think to earn money. But this person makes a great decision in life to earn money. At this point good to hold btc and wait for the price to surge up so he can able to have profit.

That is because when we are at the age of 13, the chance for us to make money is not widely. Our parents tell us that we must go to school, having fun with our friends without trying to give or introduce what we will be when we grow up. And with technology nowadays, many parents realize that to make money can be from many sources and not just from the office. We can use the internet to make money and get much information about making money. So that kid was very lucky kid among the others because he buy bitcoin and now he is waiting for the increase in the price. But I wonder how much bitcoin he purchased in a year ago.

Omega Weapon

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Quote from: gandame on October 14, 2019, 06:18:07 AM

You are young but you are so smart at age of 13 you buy bitcoin and you want it to hold. Good for you my dear. Hold your bitcoin and you will wait at the right time to sell it. I know you have a big faith on bitcoin thats why you invest in bitcoin.

I wish I was that smart when I was 13, if this young person really decides to invest in bitcoin and it is capable of holding his coins then he will surely become a success story in the forum, however as we know it is not easy at all to hold our coins especially when the price crashes like what we saw some years ago, so as long as he also believes in the technology and it is not here just for the money he will do fine but if he only cares about the money there is a chance he will lose it if the price crashes.

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Quote from: gandame on October 14, 2019, 06:18:07 AM

Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You are young but you are so smart at age of 13 you buy bitcoin and you want it to hold. Good for you my dear. Hold your bitcoin and you will wait at the right time to sell it. I know you have a big faith on bitcoin thats why you invest in bitcoin.

It is more evident more young people is getting into cryptocurrency users. At the age of thirteen means it is too early to know much about technology. What he preserves now will get him financially free in five to ten years of time. There are already few examples of young people who have made themselves millionaires investing on bitcoin,most popular being Erik Finman.

error08

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If someone already has a target to hold, let it be. But in many cases, Bitcoin will reach a higher price which makes people regret like; ahhhh if I wait for a little bit longer will get higher profit. Or another case waiting for so long, procrastinate to sell but then the price plummeted in a short period.

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Quote from: gandame on October 14, 2019, 06:18:07 AM

Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You are young but you are so smart at age of 13 you buy bitcoin and you want it to hold. Good for you my dear. Hold your bitcoin and you will wait at the right time to sell it. I know you have a big faith on bitcoin thats why you invest in bitcoin.

This kid is very clever at his age he is interested in crypto and even invested in bitcoin. When I was young I know nothing and didn't think to earn money. But this person makes a great decision in life to earn money. At this point good to hold btc and wait for the price to surge up so he can able to have profit.

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Quote from: aysg76 on October 12, 2019, 08:50:48 AM

as long as you hold, there would be nothing to lose as I think it is the safest thing to do in this market. But that requires a lot of patience and devotion since only then you'll be able to maximize the profit from it because more the time spent, more would be the profit...

In bitcoin investment, no one is a loser until they panic sell their coin, but for anyone that sold without panic selling, they are also not a looser because they would have eventually made their profit, but for Long-term holders, I think that they are still the ones that will enjoy bitcoin the most because bitcoin in future will still eventually get to a price value where every investors that has currently put money from the time of bear till now will all have some profit to make.

I know that most people that are quite worried now are the ones that still have their money locked in the $19800 of the last bull run, but they have still not missed out as the price of bitcoin in the next bull run will surely go 3x of that amount, so the op has really made a very right choice at her age.

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You are young but you are so smart at age of 13 you buy bitcoin and you want it to hold. Good for you my dear. Hold your bitcoin and you will wait at the right time to sell it. I know you have a big faith on bitcoin thats why you invest in bitcoin.

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Quote from: Wysi on October 13, 2019, 02:49:31 PM

Quote from: taiwww on October 13, 2019, 07:27:18 AM

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For sure an investor will have to keep holding if he really wants to get benefit from crypto coin investment and it Always takes long to recover the price till then only holding is a profitable way of cryptocurrencies investment. Holding actually gives safety and satisfaction about gaining profit. Panic selling is the worst thing you do in crypto currency.

Right, I never prefer exiting market at loss, no matter what! Holding coins even if their value is lower than for what you bought signifies that there is still the possibility of making profits. Once you sold your investment, you lost the chance of making any future profit. So my suggestion is to always hold coin if it is in loss because eventually every loss could be corrected to profit.

Panic selling is the worst thing anyone could ever do as it's a self damage which they incur due to rumors, but when it comes to day traders it's more profitable for them during the market fluctuations than the stable period as they make profit out of both the pump and dump. Even I don't personally sell crypto when market is going down but rather I convert them to BTC or ETH for better chance of survival.

Well if they are easily affected with the fud then that would be there natural reactions and they are prone to huge losses since they can't control their emotions to contradict the market situations. But if they know how to do the stop loss and wait for perfect time to buy then they will not worry on anything since they have a good chances to regain back especially if they are into bitcoins and eth tradings.

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Quote from: Wysi on October 13, 2019, 02:49:31 PM

Panic selling is the worst thing anyone could ever do as it's a self damage which they incur due to rumors, but when it comes to day traders it's more profitable for them during the market fluctuations than the stable period as they make profit out of both the pump and dump. Even I don't personally sell crypto when market is going down but rather I convert them to BTC or ETH for better chance of survival.

Convert the coin into BTC or ETH will be a solution to prevent the losses, especially if we are going to see the price is down deeper. That can be a chance to buy back the coin if the price has already reached the lowest price. But for bitcoin, as long as you don't sell it whenever the price is down, you are not losses, but you still have a chance to see your bitcoin value will increase back. But to know that time, you need to wait for a while and don't panic selling even if the price is down because you use a long term investment strategy.

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Quote from: taiwww on October 13, 2019, 07:27:18 AM

Quote from: ?? on ??

For sure an investor will have to keep holding if he really wants to get benefit from crypto coin investment and it Always takes long to recover the price till then only holding is a profitable way of cryptocurrencies investment. Holding actually gives safety and satisfaction about gaining profit. Panic selling is the worst thing you do in crypto currency.

Right, I never prefer exiting market at loss, no matter what! Holding coins even if their value is lower than for what you bought signifies that there is still the possibility of making profits. Once you sold your investment, you lost the chance of making any future profit. So my suggestion is to always hold coin if it is in loss because eventually every loss could be corrected to profit.

Panic selling is the worst thing anyone could ever do as it's a self damage which they incur due to rumors, but when it comes to day traders it's more profitable for them during the market fluctuations than the stable period as they make profit out of both the pump and dump. Even I don't personally sell crypto when market is going down but rather I convert them to BTC or ETH for better chance of survival.

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Quote from: ?? on ??

For sure an investor will have to keep holding if he really wants to get benefit from crypto coin investment and it Always takes long to recover the price till then only holding is a profitable way of cryptocurrencies investment. Holding actually gives safety and satisfaction about gaining profit. Panic selling is the worst thing you do in crypto currency.

Right, I never prefer exiting market at loss, no matter what! Holding coins even if their value is lower than for what you bought signifies that there is still the possibility of making profits. Once you sold your investment, you lost the chance of making any future profit. So my suggestion is to always hold coin if it is in loss because eventually every loss could be corrected to profit.

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Quote from: Darooghe on October 10, 2019, 02:18:24 PM

We all reach our long targets, when we can just sit back, ignore the FUD, stop watching the price constantly, and HODL to what we have. Hodling is the only long-term strategy that works. If BTC does become highly adopted and used as a currency, it will easily reach that price you said, and should be a lot less volatile. Volatility is super high right now cause the market is tiny. BTC is just not ready yet to fully convert into a world currency, so it's best to acquire as much as possible. Over time, more growth, steady price increase, less volatility, it will all compound and eventually reach the pinnacle, when spending and holding don't matter anymore.

For sure an investor will have to keep holding if he really wants to get benefit from crypto coin investment and it Always takes long to recover the price till then only holding is a profitable way of cryptocurrencies investment. Holding actually gives safety and satisfaction about gaining profit. Panic selling is the worst thing you do in crypto currency.

Yeah, as long as you hold, there would be nothing to lose as I think it is the safest thing to do in this market. But that requires a lot of patience and devotion since only then you'll be able to maximize the profit from it because more the time spent, more would be the profit...

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We all reach our long targets, when we can just sit back, ignore the FUD, stop watching the price constantly, and HODL to what we have. Hodling is the only long-term strategy that works. If BTC does become highly adopted and used as a currency, it will easily reach that price you said, and should be a lot less volatile. Volatility is super high right now cause the market is tiny. BTC is just not ready yet to fully convert into a world currency, so it's best to acquire as much as possible. Over time, more growth, steady price increase, less volatility, it will all compound and eventually reach the pinnacle, when spending and holding don't matter anymore.

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Quote from: barota on October 04, 2019, 05:26:53 AM

Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You should be wary little of Internet technology, for example, there are several sites that use fraud
Yes,for you; the only way to make a profit is to hold your bitcoin in a safe place for long term and avoid transferring money between sites without reason

I think he would even have no choice right now than to keep accumulating his coin because of his age and exchanging the coin on exchanges, I am not sure of this, but I think i read someone where they say people of his age may not be allowed to transact on any of these exchanges except he transfer the coin to someone’s wallet which is quite risky to do.

He might eventually watch the price of bitcoin grow to $50000 in future which I am sure that before he is even up to age, bitcoin might have even grown to $100k or $150k. Lucky him to have accumulated this coin at that stage right now, it is a good decision that he has made and I hope that like you rightly advise him, he is able to keep his coin in a safe place for future purpose.

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You're only 13 and yet you're already doing some investing. Good for you. It is such a delight to know that a 13 year old exhibits an interest in one very complicated investment such as Bitcoin.
Looking at the value you've bought your BTC, it will be really wise to hold it for some time because at this moment, Bitcoin's value is just above the $8K mark. So literally you've already lose some. Another thing, why settle for just the $20K mark? If i may suggest, just hold it for about 10 years from now. Who knows, Bitcoin maybe worth way, way more than just $20K by then.

7788bitcoin

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Quote from: sunsilk on June 27, 2019, 06:16:45 AM

I'm worried on how you are keeping your bitcoins now? where you have keep them? on a hardware wallet?

His parents might have locked him up as he might have used his parents money and purchased bitcoin and we have not seen him again after creating this thread about his exploits at a very young age, not sure how he got the money at 13 years of age to invest in bitcoin. Investment is an adults game and if you are not having any job there is no way they can invest with legit ways and hence i will not encourage kids in any forms of investment.

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If you think bitcoin will go up you can use the leverage option as well but for someone who is 13 years old and barely got into bitcoin I would advise against that honestly. I would suggest just holding for now. You are only 13, if you have bitcoins right now that means 10 years from now if bitcoin reaches over 100k+ which is a great possibility you will be rich and be able to pay for a lot of stuff with it.

So, you have the time to wait, you are super young and that is great in bitcoin world, bitcoin came out when I was 18 years old, if I bought back then now I would be super rich, I didn't but you still have that chance ahead of you, do not sell when bitcoin goes up a bit, wait until you really need money one day, if you can wait years for it eventually you will have a lot of money.

aysg76

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Quote from: Tungsten-1 on October 02, 2019, 02:42:16 PM

Yeah bitcoin is future it has good potential to increase. We can invest and hold without any fear. Holding is the best options now a day, Price is going to increase certainly so we should keep holding its going to be safe investing and holding. I have trust for bitcoin i keep investing my money without any fear, holding bitcoin just easy way to gain profit.

Exactly, Bitcoin is the future since it is based on one of the most revolutionary technologies i.e. blockchain. It has gathered great global attention in such a short span due to its enormous potential that had profited many in the entire world. And from the past few years, it had turned out to be one of the most secure and successful investments. Investing in BTC and holding it had always proven to be a quite profitable deal and that's the reason why it's always in great demand...

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You should be wary little of Internet technology, for example, there are several sites that use fraud
Yes,for you; the only way to make a profit is to hold your bitcoin in a safe place for long term and avoid transferring money between sites without reason

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

God, I wish I had entered into cryptos in your own age. I assume your parents pay everything for you which means you can take more risks and have more free time than the average joe who has bills to pay.

I'd say to invest some of your pocket money every month into BTC and then try to do as many bounties, faucets etc you can in your spare time to accumulate btc and other alts for free. Little by little they will add up and who knows, maybe by the time you are an adult you will have amassed a small fortune! Don't forget though to diversify. Investing in BTC in your age is cool but make sure to invest in yourself too! Study hard and learn skills that you can use to bring food on the table, regardless of BTC's price Wink

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Quote from: Tungsten-1 on October 02, 2019, 02:42:16 PM

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You're one lucky 13 years old imagine you have that amount at that age and you have that thinking at a very young age, when every boy at your age are all playing mobile legend and doing other stuff online, while you are planning to buy and HODL Bitcoin, if you are comfortable at your investment then you can proceed.
When you reach 18 years old and you're still holding that Bitcoin I'm pretty sure you will be rich at 18.

Your suggestion is waste of time, Because he is not active in last three months. I think he just try the Bitcointalk then sleep again. So we must avoid these kind of spam threads because already many spam threads are available in this forum. Bitcoin is a forever trusted Cryptocurrency so everyone believe the long term investment.

They just want to discuss here about the price of bitcoin and long-term investment, yes there are lots of threads like this that not everyone reads,

Bitcoin is the future so don't hesitate to invest.

Yeah bitcoin is future it has good potential to increase. We can invest and hold without any fear. Holding is the best options now a day, Price is going to increase certainly so we should keep holding its going to be safe investing and holding. I have trust for bitcoin i keep investing my money without any fear, holding bitcoin just easy way to gain profit.

Holding bitcoin has nothing to lose because at the time of falling prices will not fall, especially with news from several pieces that bitcoin will reach its peak next year, if that happens why don't we invest bitcoin from now much better.

michellee

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You are a very lucky kid. You are younger, but you are aware of the technology. You can hold your bitcoin and don't sell it right now, and I think that is a good idea while you prepare your study. I am sure if you can buy more bitcoin and hold it until the price increase higher, you will be one of the lucky kids who become a millionaire. Not many kids will do what you did because, in their ages, they will only think about having fun with their friends.

MCDev

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

When I was 13 years old, I couldn't earn $ 2000.
You should be careful with your decisions. Ask for advice from older family members.
I don't think it should be sold at this time, please be patient for a while, in late 2019 or early 2020 Bitcoin will cost $ 12,000.

Tungsten-1

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Quote from: bassbity on October 01, 2019, 10:06:36 PM

Quote from: ajqjjj on September 30, 2019, 11:00:41 AM

Quote from: judeafante on September 30, 2019, 08:20:06 AM

Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You're one lucky 13 years old imagine you have that amount at that age and you have that thinking at a very young age, when every boy at your age are all playing mobile legend and doing other stuff online, while you are planning to buy and HODL Bitcoin, if you are comfortable at your investment then you can proceed.
When you reach 18 years old and you're still holding that Bitcoin I'm pretty sure you will be rich at 18.

Your suggestion is waste of time, Because he is not active in last three months. I think he just try the Bitcointalk then sleep again. So we must avoid these kind of spam threads because already many spam threads are available in this forum. Bitcoin is a forever trusted Cryptocurrency so everyone believe the long term investment.

They just want to discuss here about the price of bitcoin and long-term investment, yes there are lots of threads like this that not everyone reads,

Bitcoin is the future so don't hesitate to invest.

Yeah bitcoin is future it has good potential to increase. We can invest and hold without any fear. Holding is the best options now a day, Price is going to increase certainly so we should keep holding its going to be safe investing and holding. I have trust for bitcoin i keep investing my money without any fear, holding bitcoin just easy way to gain profit.

Anegg

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

First of all it's great to see such a young person investing into bitcoin and taking the time to research and understand the technology.

My advice to you would be hold onto any Bitcoin that you can get your hands on. At this point in time, bitcoin is still experiencing a huge amount of price corrections and will continue to do so until mass adoption occurs, which is still a very long time away. Due to this, the price will continue to increase as demand increases day by day with more and more people being educated about cryptocurrencies around the globe.

The most important thing I can tell you to do is stay strong during periods of dropping value, something I learnt to do the hard way.

CarnagexD

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

The price of bitcoin is still far on your expectig price. But, there still a chance that bitcoin will reach the price of 20000$. It is good at the very young age you already discover bitcoin because I just started investing and buying bitcoin few years ago. Bitcoin is also good to hold especially if you looking for long term investment. I also hold bitcoin and one of plan in bitcoin is to sell when the price surpass its all-time high price.

bassbity

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Quote from: ajqjjj on September 30, 2019, 11:00:41 AM

Quote from: judeafante on September 30, 2019, 08:20:06 AM

Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You're one lucky 13 years old imagine you have that amount at that age and you have that thinking at a very young age, when every boy at your age are all playing mobile legend and doing other stuff online, while you are planning to buy and HODL Bitcoin, if you are comfortable at your investment then you can proceed.
When you reach 18 years old and you're still holding that Bitcoin I'm pretty sure you will be rich at 18.

Your suggestion is waste of time, Because he is not active in last three months. I think he just try the Bitcointalk then sleep again. So we must avoid these kind of spam threads because already many spam threads are available in this forum. Bitcoin is a forever trusted Cryptocurrency so everyone believe the long term investment.

They just want to discuss here about the price of bitcoin and long-term investment, yes there are lots of threads like this that not everyone reads,

Bitcoin is the future so don't hesitate to invest.

ajqjjj

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Quote from: judeafante on September 30, 2019, 08:20:06 AM

Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You're one lucky 13 years old imagine you have that amount at that age and you have that thinking at a very young age, when every boy at your age are all playing mobile legend and doing other stuff online, while you are planning to buy and HODL Bitcoin, if you are comfortable at your investment then you can proceed.
When you reach 18 years old and you're still holding that Bitcoin I'm pretty sure you will be rich at 18.

Your suggestion is waste of time, Because he is not active in last three months. I think he just try the Bitcointalk then sleep again. So we must avoid these kind of spam threads because already many spam threads are available in this forum. Bitcoin is a forever trusted Cryptocurrency so everyone believe the long term investment.

judeafante

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

You're one lucky 13 years old imagine you have that amount at that age and you have that thinking at a very young age, when every boy at your age are all playing mobile legend and doing other stuff online, while you are planning to buy and HODL Bitcoin, if you are comfortable at your investment then you can proceed.
When you reach 18 years old and you're still holding that Bitcoin I'm pretty sure you will be rich at 18.

J1mb0

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

Hello, 13 years old is quite young to invest in something. You should consult with your parents or older family members before deciding to buy Bitcoin.
I agree that Bitcoin can return to the $ 20k mark but that takes a long time, if you want to sell it for $ 20k you need to be patient.

jaocoincrypto18

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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.

JohnBitCo

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

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.

Indrawan77

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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

Rooster101

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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.

EdenHazard

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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.

BitHodler

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Quote from: YuginKadoya on June 29, 2019, 05:48:37 AM

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.

djkyno

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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.

BUK2016

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

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.

onrise

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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 .

YuginKadoya

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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.

samcrypto

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

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.

goaldigger

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

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.

harizen

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

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.

thecodebear

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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.

jackg

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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 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.

Reid

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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. Grin

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.

omonuyak

sr. member

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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.

STT

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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.

1Referee

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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.

Quote from: Ridwan Fauzi on June 27, 2019, 10:43:55 AM

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.

Wilhelm

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Quote from: Boh manok on June 27, 2019, 12:26:50 PM

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.

Boh manok

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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

Slow death

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

Hello, I´m 13

You are too young Grin

Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

Ridwan Fauzi

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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.

Wilhelm

legendary

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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 ;-)

ethereumhunter

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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.

Dreamchaser21

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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.

Baofeng

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Merit: 1655

Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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

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xenxen

sr. member

Activity: 763

Merit: 252

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...

eternalgloom

legendary

Activity: 1792

Merit: 1283

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.

sunsilk

hero member

Activity: 3038

Merit: 634

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?

AB de Royse777

legendary

Activity: 2464

Merit: 3878

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Quote from: HenriqueBTC on June 27, 2019, 05:38:40 AM

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.

HenriqueBTC

newbie

Activity: 1

Merit: 0

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

Topic: Bitcoin Hold (Read 889 times)