Topic: Bitcoin is for Holders! (Read 3300 times)

If i didnt sell bitcoin in 2018 maybe now i will get a lot of money but sadly in 2018 i was in a rush to draw conclusions, now i hold bitcoin and i don't want to repeat the same mistake.

Bitcoin is an investment for long-term holders, although the price of bitcoin has increased several thousand times or even tens of thousands of times compared to the original price, but that does not mean that it will not continue to increase. The most recent ATH was 68k, so I think 100k isn't too hard for Bitcoin, it's just a matter of time. So if you want to invest in Bitcoin you can buy bitcoin anytime with the current Bitcoin price still very cheap compared to its real value.

Yes that's right. if you only want to hold for a short time then invest in altcoins. bitcoin will hit a new ATH in the future, speaking of a time frame that no one can determine. so for now keep investing in bitcoin. There will be times when you will reap the rewards of your patience. I agree bitcoin for those who dare to hold.

Many investors has achieved a lot of income from their investment because they apply the strategy of holding when the price is low in the market. Bitcoin price has increased to $42k few minutes ago that is giving bitcoin holders to get ready for a Massive pumping that will last for three months before it will dump. Many holders will not miss this opportunity that is about to happen in the community for people to start earning from their long holding.

The time to buy bitcoins is not fixed because you can buy bitcoins any convenient time money is available to buy. And the best time to buy bitcoin is when the it is in bearish because after buying it for dip. You are expecting the it to rise so that your Profit can be pronounce in details. If i have even have bitcoin i will holder and wait until it reached 100k before i will release my coin. This cryptocurrency what's gives profit is long term investment for bitcoin and that is why people that rich hoard their bitcoin until it reach to the maximum they need before releasing to the market

I must admit that Bitcoin is more profitable for Holders only , though there are some cases in which bitcoin brings profit in short time .

In ATH there are many of us who take profit , and I am one of those that will surely takes the advantage .

I don't think this is very suitable for the traders you mentioned because the majority for traders are short and medium term only and it is very inappropriate to say they are for the long term now because it is not for traders and I still feel if it is for movement and trading daily or monthly is not very suitable unless we are good at taking advantage of the situation there and take advantage even though it is small.
But it's still not worth it because it takes longer to be here, especially if you have a higher target for your investment

Bitcoin is not only for holders. I guess, it is a great investment vessel for people who looking for short-term profit. And aslo it is not very risky, if you create your own business, which would be connected with bitcoin. For example, a marketplace for the sale of digital goods, such as software keys, or a bitcoin casino. I even have a successful example https://oc-market.com/en/bitcoin-casino. In general, there are a lot of ideas, maybe it will be useful to someone.

Is now the time to buy bitcoin?
I‘m still working hard on my daily work
Sorry for pasting the link here, just for live
https://www.getscoupon.com/

"weak hands" are not suitable for investing in bitcoin because they will only say bitcoin is not profitable.  i met a "weak hands" in my city and he said bitcoin had made me lose, after i investigated and asked more deeply, it turned out that he was losing money because he sold bitcoins far below the price he bought it.  i think it was purely his fault not bitcoin.

Yes, bitcoin makes a great gift for loyalty, persistence.  From short to long term periods bitcoin price can fluctuate over time the way it is born -> i think this is an important impetus for bitcoin holders to be able to change the real meaning of storage  value and over time, wealth is the reward

Bitcoin is to make one's wealth grow based on the time period it have been kept hold. The price of bitcoin used to grow as well as drop low with time. This is by its natural growth and it is how the network have got developed. So, whoever have got the ability to hold it for a longer time or upto the time period by which the market reaches the peak price of bitcoin will profit the holder. This is what described as bitcoin is for holders. Because, in the past there were more incidents in which people panic out of panic and sell in the short term ending with loss.

Bitcoin is good for everyone. But for those who will hold on to it for a long time Bitcoin can be auspicious. When the price of Bitcoin was going to fall much lower then those who held it then after 66k dollars those who sold it but took a lot of profit.This is why Bitcoin is said to be very good for actual longtime holders.

you know people are different so not everyone is going to be a hodler and there is no specific rule which says this is what you will do with bitcoin. some are actually short term trader, some mid term trader while some can comfortably hodl for years. most important thing is to be making profit.

Of Course Bitcoin is for holders.Because Bitcoin already showed new ATH and who hold Bitcoin got a huge return. To get a huge return every traders should hold Bitcoin as much as they can.

Your comments are valid and I agree that BTC is for everyone, not just holders. Bitcoin is a unique tool and everyone decides how to use it. To whom to hold, and to whom to buy coffee at Starbucks (many have been waiting for this moment for a long time). I believe that BTC should not lie passively in the wallets of holders, but should "work". That is, to be used for its intended purpose and serve as a currency. Of course, all people cannot be forced to use BTC only as one tool, and this is wrong. Therefore, depending on the goals and objectives, let each of bitcoin users decide for himself to hold, trade, or do something else with his BTC.

OP, let's not spread your strategy and model of using bitcoin to others and assume that your actions are the only right ones for everyone. I fully admit that this is the right decision for you, but we are all different with our own different goals. Thanks anyway for sharing your vision.

That is a simple truth, many people lack patience during the pandemic, resulting in panic and selling off all of their BTC in the name of not losing their entire wealth, not realizing that BTC price will bounce back because BTC is the only cryptocurrency that people trust, and it will never fail because there are many strong investments in BTC and many developing nations accept BTC on a daily basis, so we have no reason to be concerned about holding BTC.

ATH will happen every four years, that's the experience that has happened, I'm sure Bitcoin will have a $100k ATH level when the time comes, but the question is the lowest level before the new ATH, can $60k be the benchmark.

But I have my own judgment Bitcoin will put the $25k level before a new ATH occurs.

Yes, it is true that bitcoin is a long-term investment asset, it is very difficult for small players to get in and out of bitcoin. Because if you want real results, be the holders and the holders usually have a fairly large amount of funding.

The pandemic is definitely not a blessing to most of us. It brought additional struggles to those who already were suffering and brought a whole new level of challenge to those who were doing well. Each one of us has been affected by this crisis and most are still being affected up until to this date, most especially those people who belong to the lower bracket of society. This pandemic not only has a negative effect on us but on the movement of the cryptocurrency market as well. During the start and peak of the pandemic, it caused the downtrend to the market making almost every coin's value go down and almost hit the rock bottom which caused panic to those who are still new to crypto and of course, great feeling to the pioneers because they see every ATL as a nice opportunity to buy coins with good potential.

Right now, the market is still suffering from the effect of the pandemic specifically because of the new covid-19 variant which is the omicron. In addition, the usual bearish market at the end of the quarter is also happening today which is why most coins are in a low position, even the btc. So it's really a tough time to withdraw funds by now because t will just negate your original capital invested. So instead of buying high and selling low, just wait for the right time to withdraw again. Do not be easily shaken especially if you plan to stay for the long term because bitcoin together with other coins will eventually recover and bounce back to their usual positions or even exceed it when the market goes bullish again.