What do you really expect this year? We have just two and half months remaining and I am not expecting any miracles to occur. What we are forgetting is the fact that Bitcoin has already given around +165% returns so far this year, and this looks extremely good when compared to the -5% return that I got from the stock market so far in 2019. Investing in gold was a bit more profitable, but the +21% return that I got from my gold ETF still dwarves when compared to what I got from Bitcoin.
My take is very simple. We have already got good returns so far this year. Now let's hold on for another 1-2 years more and see how Bitcoin is going to perform in the long term.
Topic: Bitcoin holding will be worth this year or in the long run? - page 5. (Read 890 times)
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.
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?
You can check what happened in 2012/13 and 2016/17, when the block reward halving occurred. In both the cases, the bull rally started almost 12 months after the halving and not before that. We'll be having the next block reward halving in mid-2020 and I expect the next major bull run sometime in 2021. And that is still two years away. So users needs to finalize their strategy. They need to analyze whether they can afford to hold that long. But to be honest, I don't expect any major bull run in the next few months.
Keep your Bitcoin for the long run as you have much more to gain than holding for a couple of months. You want to sell it at 15-16k$ when the halv is next year ? Be smart , don't get impatience and don't panic sell. For now , you saw that 2019 was a good year but mostly a bad year for Bitcoin as its jumped from 3k to 14k but couldn't pass the 20k$ and this mean we're steal in the bear market but not for long tho. Good times ahead for Bitcoin so have a little longer patience and you'll be fine instead of just cashing out a few extra $.
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.
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.
In relation to the profitable of holding Bitcoin, it will solely depend on individual understanding of how the entire Bitcoin ecosystem works. In as much that people think there are some kinda manipulation done by people with huge amount of Bitcoin, a long term hold will only be worth it when you understand where the market is moving towards. In 2018 for instance, a long term hold from the middle of the 2018 would have been worthless in the first month of 2019. Understanding the market is the first time that can help you know whether a long run hold will be worth 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?
For me, it still depends on the market situations, maybe some articles saying that bitcoin will increase at this year or by the end of the year, but it depends on the market situation. Other ppl make some fake articles, and others not, so do your own analysis if it's genuinely correct. I much prefer the long run of holding my BTC because I don't need too much money, and also, the bitcoin value now doesn't reach my profitable rate.
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 doesn't matter. Any attempts of manipulating the price, will be short lived, it will return to its natural position (correction) sooner or later. For traders they can make profit (or lose, depending), but holders in the long run will keep their value.
This is the key: "keep value", as opposed to lose it slowly when using fiat (unless you live here, where you lose it quickly). Bitcoin isn't going to be a money making milk cow anymore, the more time that passes, the less difference in price it will have. So don't think buying bitcoin is going to double your money overnight, like it used to do years ago. Buy bitcoin, thinking that you are going to preserve the value of your money, as if you were buying gold.
This also means you don't need banks, and you will fare batter when the next bubble pops. Because as long as the world keeps following the School of Chicago dogma in economy, bubbles will form and pop, 2008 won't be the last...
Only the Austrian school of economy has the answer, to prevent bubbles to form in the first place, get rid of fractional reserve banking, and embrace deflation.
I hope, that exchanges is more intrested in higher price (this will generate more customers for them) and they will rather do pump than dump
Though a lot of people are speculating that the bull run will happen this year but I think it may bot happen yet this year so in my opinion, bitcoin holding will be worth in the long run. But who knows, that’s only my opinion but we really can’t say for sure. Bitcoin has a lot of surprises this year and we don’t know maybe there will be another surprise which is the bull run so let’s see in the next few days. Besides, at the end of the day it is bitcoin, by being bitcoin it is always worth the risk and wait.
I think the big exchanger can't control price of Bitcoin.
Because if one exchanger for example raise the price so high, there is will make the different with other exchanger.
People will know soon, that is manipulation. Exchanger maybe get blacklisted or a bunch of selling process.
That is bad idea for exchanger.
For me bitcoin will worth more next year. We need wait more implementation of technology who use Bitcoin. There is hope for bullish.
Because if one exchanger for example raise the price so high, there is will make the different with other exchanger.
People will know soon, that is manipulation. Exchanger maybe get blacklisted or a bunch of selling process.
That is bad idea for exchanger.
For me bitcoin will worth more next year. We need wait more implementation of technology who use Bitcoin. There is hope for bullish.
wallets on exchanges , hmmm so it means exchange own those btc or they are owned by their costumers ? the exchange can control the price if they own those coins but if not then only thier costumers can do it but they cant guarantee that they can fully control or manipulate the entire market since those btc arent owned by a single owner . other owners will choose to hold it and make a move later . also , your expectation of having a good price is not also assured to happen
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 think exchanges have control overprice, they can fake volume but I doubt they can manipulate Bitcoin trading price. Basically the price depend on the supply and demand, if they manipulate it they will be taken advantage by interexchange trader by simply buying from exchanges that have lower price then selling it on the exchange or vice versa.
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What is your thought if the 10 billion worth of bitcoin will move?
Isn't this from their user? As far as I know exchanges have cold storage for the funds their client deposited. So I guess they have no right to trade or move them except if the client decided to withdraw.
Long term holding has been believed to be rewarding someday. So holding Bitcoin will be worh if you hodl it for a long run but of course decision is still yours. Holding it until you reach your target price is cool too. This does not matter whether it is for a long run, a year or less than that.
If that $10B worth of bitcoin will be moved and sold immediately that will cause chaos and whenever these coins are moved im sure this will create a big question for us and price of bitcoin will either go down or go pump because of that, some people may panic and sell urgently and some people will start getting curious about the moving of bitcoin funds from these exchanges.
The the hodler of those huge bitcoin had a motive for doing that ie hodling it for a reason or purpose of course they know the implication of selling those coins in the market meanwhile I suspected the coins might belong to an exchange which is hodl solely for trading purpose but the bottom line is the value and volume of bitcoin in the market is huge also its market capitalization.Bitcoin holding is always a great investment one person can have, let's focus on long term if we really want to invest and earn a lot of profit, and this year maybe the last year we can accumulate Bitcoin, as we don't know what could be the possible thing to happen in upcoming years, but for sure long term investing in Bitcoin will be worth it.
Each holders who believes that bitcoin will b worthy in the long run will keeps on buying bitcoin from whatever level it is. knowing that you are capable to earn more money.
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Some of them are either avoiding the higher fees, KYC, government regulations, tax, security, privacy, etc. These transactions aren't reflected in the open market but it can still affect market prices. These whales are still basing their prices in the open market because some of these whales serve as gateways to exchanges.
The OTC transactions will not affect the market price as it is not being transacted in the open market and daily you will have millions of dollars being transaction outside the open market and the market depends speculation and if you see those transactions in the open market then it could affect the price but that is not the case here, even then if you see a huge transfer of coins the FUD starts to appear and it is reflected in the market. Some of them are either avoiding the higher fees, KYC, government regulations, tax, security, privacy, etc. These transactions aren't reflected in the open market but it can still affect market prices. These whales are still basing their prices in the open market because some of these whales serve as gateways to exchanges.
If that $10B worth of bitcoin will be moved and sold immediately that will cause chaos and whenever these coins are moved im sure this will create a big question for us and price of bitcoin will either go down or go pump because of that, some people may panic and sell urgently and some people will start getting curious about the moving of bitcoin funds from these exchanges.
The the hodler of those huge bitcoin had a motive for doing that ie hodling it for a reason or purpose of course they know the implication of selling those coins in the market meanwhile I suspected the coins might belong to an exchange which is hodl solely for trading purpose but the bottom line is the value and volume of bitcoin in the market is huge also its market capitalization.Bitcoin holding is always a great investment one person can have, let's focus on long term if we really want to invest and earn a lot of profit, and this year maybe the last year we can accumulate Bitcoin, as we don't know what could be the possible thing to happen in upcoming years, but for sure long term investing in Bitcoin will be worth it.
If that $10B worth of bitcoin will be moved and sold immediately that will cause chaos and whenever these coins are moved im sure this will create a big question for us and price of bitcoin will either go down or go pump because of that, some people may panic and sell urgently and some people will start getting curious about the moving of bitcoin funds from these exchanges.
The the hodler of those huge bitcoin had a motive for doing that ie hodling it for a reason or purpose of course they know the implication of selling those coins in the market meanwhile I suspected the coins might belong to an exchange which is hodl solely for trading purpose but the bottom line is the value and volume of bitcoin in the market is huge also its market capitalization.
In my own view and expectattion I think bitcoin start worth before end of the year 2019 at the first quarter of the year 2020 possible bitcoin goes into bullrun so hilding bitcoin in long run is very worthy.
Wow great analysis mate and positive view for the bitcoin future, by the way mate I believe bitcoin before end of this year 2019 the price reach 14k upto 15k usd and the bullrun begin.
Bitcoin is worth this year compared to the last year, and it well worth it in the long run. But we might not see bitcoin price will increase in this short time because bitcoin still needs time before it's rise. Many people now trying to sell some bitcoin they have because many of them are already buying bitcoin when the price is at $3000-$4000. So they now are making a lot of money, especially for people who can sell their bitcoin when it reached $12k. In the next year, I guess we will see bitcoin price increase higher than the price now, so prepare yourself.
Wow great analysis mate and positive view for the bitcoin future, by the way mate I believe bitcoin before end of this year 2019 the price reach 14k upto 15k usd and the bullrun begin.
For me, I think, as I observe the market, I think it is better to invest in a short term, maybe like from time to time check the value of bitcoin and I think it is more profitable than the long term. Long term investment can only just waste our time for a small profit. I am not saying that I am right and follow what I just said. It is only my opinion and you can also observe the market on your own.
Bitcoin is worth this year compared to the last year, and it well worth it in the long run. But we might not see bitcoin price will increase in this short time because bitcoin still needs time before it's rise. Many people now trying to sell some bitcoin they have because many of them are already buying bitcoin when the price is at $3000-$4000. So they now are making a lot of money, especially for people who can sell their bitcoin when it reached $12k. In the next year, I guess we will see bitcoin price increase higher than the price now, so prepare yourself.
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