Topic: Bitcoin holding will be worth this year or in the long run? - page 4. (Read 890 times)
I think for now the holder of bitcoin will benefit because by holding bitcoin later in 2020 there will be halving bitcoin which means bitcoin will be more difficult to obtain and will make bitcoin prices more expensive and will provide many benefits for bitcoin holders.
Bitcoin holding will be worth in this bullish time every year in the month of nov btc will see positive pump in btc prices we can see profits in nov
Considering the fact that Bitcoin is yet to reach its peak valuation, it may not be a bad idea to wait for another 2-3 years before deciding to cash out your Bitcoin holdings. But at the same time, I won't blame anyone if they want to sell their coins right now. Bitcoin is a volatile currency and there is no guarantee that it will continue to go up in the future. The exchange rates depend on a lot of other factors, in addition to the supply-demand balance. These include government regulations, competition from the altcoins, adoption by merchants.etc. It is very difficult to predict them currently.
If some one or company holding many bitcoin I sure they can control with bitcoin price, we have closed with them to know when bitcoin will be raise to higher price and when they will make bitcoin down, with thousand bitcoin assets in their wallet very easy how to make price bitcoin dump and higher, just take moment when have to make bitcoin really in lower price by make bad news and when have to make bitcoin higher price with publish positive news of bitcoin.
There are speculations that we might see bullish thread before the year runs out but the validation is not confirmed. Although as the price is getting better, we may see a good signs of the bullish but may not be long term. For those who are able to hold their coin maybe the most luckiest for a long term period.
Bitcoin is good to hold in a long run because i know and i believe that bitcoin can reach the $20k. So if i give opportunities to have bitcoin i will hold it for long run for to get a good and big profits.
A lot of the users are commenting that Bitcoin will go up after the block reward halving. But I would like to remind everyone what happened to Litecoin after its block reward halving a few months ago. The LTC prices had gone up by quite a bit in anticipation of the halving. But once the block reward occurred there was a major crash in the exchange rates.
Holding is always meant on long term. And that is not six weeks or six months.
Still everything depends when amd on what conditions did you get your coins and what is your final goal, so it's individual. Of course there is possibility that meanwhile the value will drop but in some moment it will also recover. But many users don't have enough patience to hold their coins long enough and then holding turns into loss instead of profit.
Still everything depends when amd on what conditions did you get your coins and what is your final goal, so it's individual. Of course there is possibility that meanwhile the value will drop but in some moment it will also recover. But many users don't have enough patience to hold their coins long enough and then holding turns into loss instead of profit.
I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?
It seems that the bitcoin will not become bull market in this current year. It will take more years before the market will become bull again. There are tools that we can use in order to identify the trends like moving avarage. If you use 200 MA, you will see that the ma is still above the price and it will take more time before it will dive below the price where it can be called as bull market.
Well i think in long run look what happened in epic bull run of 2017, many holders since the beginning have been profited more than what they bought since we all know the price of it was 20000 usd before it crashed it raised 20x from the price of 2017 which is 1000 usd so, that alone can prove that bitcoin can be good in long term. On the other hand i think that bitcoin is worth of holding this year why? Because in last few months bitcoin soared back to 10,000 and now holding to 8000 and in 2020 the halving happens and some experts say it will raise the price of bitcoin so, just hold on it..
I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?
I do not follow the rumors, I only focusing in price action. The bitcoin is stil in the bear market and it will take more months before it will go to sideways. Always remember that we should only buy bitcoin if there is a confirmation of market reversal where the bearish market will be a bull market. I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?
I do not follow the rumors, I only focusing in price action. The bitcoin is stil in the bear market and it will take more months before it will go to sideways. Always remember that we should only buy bitcoin if there is a confirmation of market reversal where the bearish market will be a bull market.
Well, whales have control over the prices on the market. they can make pumps and dump easily, I hope prices will continue to rise. due to limited stock. my opinion about the price of a 10 billion bitcoin, that's very good. and I am waiting for the highest price to come again. I hope that will happen soon.
It is always risky to put your money in volatile currency like Bitcoin.It may increase your capital to many folds in a few months and the same time it can decrease your capital many folds. Think about the people who bought Bitcoin at $19K and even after 1.5 years they are at less than 50% of their capital.
I am not against investment in Bitcoin but people should always calculate the risk before investment. In my opinion investment in Bitcoin will be fruitful in coming years. If someone invests amount for 4-5 or more years, he/she may get good return.
Even if that is risky, people still invest their money in bitcoin, especially for people who know that bitcoin price will increase higher in the long term. I am not against investment in Bitcoin but people should always calculate the risk before investment. In my opinion investment in Bitcoin will be fruitful in coming years. If someone invests amount for 4-5 or more years, he/she may get good return.
They don't have a problem to see the volatility of the price.
They will be patient to wait for the price to rise higher, and while the price is up and down, they will use the other money to buy more bitcoin the price is down. But if the price can increase at a little price or increase higher than the first price they bought, they will sell some part of bitcoin to take their money so they can rebuy bitcoin in the other days.
Yes, that is true that can decrease our capital, and that is why if we want to buy bitcoin, we should use the free money which we don't use for buying our needs.
I see that many people using some money that they use for buying their needs, so when the price is going down, they cannot sell at that time unless they can accept to get lost.
It is always risky to put your money in volatile currency like Bitcoin.It may increase your capital to many folds in a few months and the same time it can decrease your capital many folds. Think about the people who bought Bitcoin at $19K and even after 1.5 years they are at less than 50% of their capital.
I am not against investment in Bitcoin but people should always calculate the risk before investment. In my opinion investment in Bitcoin will be fruitful in coming years. If someone invests amount for 4-5 or more years, he/she may get good return.
I am not against investment in Bitcoin but people should always calculate the risk before investment. In my opinion investment in Bitcoin will be fruitful in coming years. If someone invests amount for 4-5 or more years, he/she may get good return.
I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?
let me think a while,
"currently Almost 7% of the entire circulating supply of Bitcoin (BTC) is held in the wallets of eight major cryptocurrency exchanges"
well, its that mean nothing.
they cant control the price, even if they want.
because its something a illegal.
exchanges just a place to put sell and buy from users to users, i also believe forex market have a same thing.
about price will going up or down, of course it depent Market players.
I only think that 7% is bitcoin that has been cashed,and the btc move to cold wallet of the exchange.
because according to some news, the investor mostly, hodl their asset both btc or another altcoins on their private wallet, not on exchange wallet.
If we imagine how it moves from $1 to $10k, does it think that it would be worthy or not? Of course, it was and Bitcoin price keep moving day by day, ups and downs but eventually, the price is totally moving high.
Holding bitcoin isn't just being profitable of today but of course, it also in the future. In fact, we have notice and we can see it through the chart since from the very beginning.
Yes. Bitcoin price is eventually moving forward so it will become bigger and bigger each year. Holding bitcoin would still be profitable not just this year but also in the next years ahead.And it will be even more profitable if we buy them at their very low price and then hold them for a quite period of time, and only sell them if the price hits our target selling price. Holding bitcoin is one of the safest way to make profits even without much effort to do.Holding bitcoin isn't just being profitable of today but of course, it also in the future. In fact, we have notice and we can see it through the chart since from the very beginning.
As long as we don't yet reach the 21,000,000 BTC in the market, bitcoin's price will continue to rise each year, that is for sure, but we can't avoid having bearish market of course, however if we reach the point where miners mined 21,000,000 BTC, the price would slowly go down until it hits zero, I'm not sure about this but this is my analysis based on the article I've read, correct me if I'm wrong.
I think bitcoin prices this year are still in a downtrend, so it's better to hold for this year. Or if you have more money,
you can buy more bitcoin. Because if selling right now even though the price has gone up, the profit gained is small.
So I think holding bitcoin is more valuable to hold in the long run, because bitcoin investment is in the long run the prospects
are very good and potentially reach the highest price. My prediction is that bitcoin in two years can be priced at $ 50,000.
you can buy more bitcoin. Because if selling right now even though the price has gone up, the profit gained is small.
So I think holding bitcoin is more valuable to hold in the long run, because bitcoin investment is in the long run the prospects
are very good and potentially reach the highest price. My prediction is that bitcoin in two years can be priced at $ 50,000.
I think holding Bitcoin could be the most profitable for me, whenever the time you want, it always makes the same sense, of course, market mechanism would be the most important thing regarding this matter, but we can't do this because It's not in our hand, When you have a thousand of Bitcoin then it would be easy to make an impact on the market otherwise we can just observe what's going on and what's coming up to this platform, Something could understand if you pay to heed properly, For me, Holding for a long time would bring a good result for sure, So short-run holding doesn't make a worthy investment for me, however, this time is perfect for collecting Bitcoin and holding for the future purpose.
I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?
Bitcoin will go up in the long run, there is no doubt about that. As for short-term price, that can go either way, although I expect a surge in early 2020 due to the incoming halving.
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