Topic: Bitcoin Long Term Investing & why this is the only way to Financial Freedom (Read 286 times)

You'll not only promoting Bitcoin but also your channel and you would like people to follow your YouTube channel so they can see the way to financial freedom. But anyway, it is not important to see what's inside coz for sure it is all about drama.

Back then,
The long-term investment could be something great to offer but living this volatile market, not sure if we have the guts to make it. The risk that involves here is terrific and that could be the reason why most of the crypto holders never do a long-term investment but rather to choose the short-term one. I admit myself with this because even though Bitcoin is the most trusted coin in the market but it can't really give us assurance.

Ive been a long term investor since I knee bitcoin 3 years ago. There are so much realizations I have made about being a long term holder. 
 

• Limits and goals
• Stop loss
• Control of emotions

 And many more considerations. Also, being a long term investor can contribute to financial freedom in a way that we freely control and spend it whenever we want.
 
 By the way, I watched your youtube video shortly and what time frame are you usually using since you are a long term investor?

There needs to be a target that must be achieved when choosing to make long-term investments. Holding on for a long time without having a definite target price is ineffective, as anyone wants to get more profit when holding bitcoin. It is not how long the target can be achieved, but how fast the Bitcoin price is able to reach the desired target.

About financial freedom, you are right about that, because financial freedom is not limited by long-term investments, financial freedom is that you have to be able to spend the money you have anytime and anywhere.

When you have achieved big profits, such as ATH in 2017, a good decision will indeed end it and enjoy the benefits, don't be too greedy if you exceed the target achieved. mistakes in 2017 are unfortunately painful, it also happened to me and only a few assets that I have not sold.

The purpose of you post is to promote your youtube channel. For that reason, I hold it to a higher standard than other posts (such as those asking questions or stating opinions, or sharing knowledge). Your post is disingenuous because it talks about long-term investing, but you are promoting a youtube channel about TA. The two are incompatible.

If you did not promote your channel here, my response might have been positive. If you promoted your channel, but without hiding behind the mantle of long-term investing, I might have just explained how TA is bogus.

I think you are right - only long-term trading can lead to financial freedom. Let me explain why. When you trade long-term, it means that you have good reserves of money and a financial cushion in case of life. Therefore, when you allow yourself to trade long-term, you are already financially successful.

what more can i say? the OP should consider other alternatives and if it is the only way, how about other people who are outside of crypto? they don't have the chance to financial freedom? i dont think so.
 people who are not into crypto have other ways to achieve financial freedom. if you are a person who set goals for your future and keep on track to achieve that goal, then you have to chance to achieve financial freedom. pay off debts, build your assets, live simply, invest, and a lot more. there are so many strategies to achieve financial freedom. so no need for someone to just accumulate btc holdings.

There's not much to explain about long term investing as probably a lot of us already believe that crypto has a future or its the future. Bitcoin has been proven to a strong asset, it has cause a lot of panic many times when it dump but it always bounce back that is why it will survive.

You are one of the many telling bitcoin is a good long term investment, and it's good to see people sharing long term as well and not only TAs on short term, so yes, I would check your channel and let's see if I can find some information that I haven't heard before.

Just checked your channel and saw you have a lot of videos, would you mind telling me what video talks about bitcoin for long term?

I will tell you even more: many traders earn only on fast and short-term price changes. For example, those who trade binary options. There, the system is completely built on rapid changes (and on very small ones, such as one minute). So long-term storage is not the best and certainly not the only way to financial freedom.

First, I like the way you act in your own thread. Sometimes, people will only make a thread and not active enough to be back and answer or respond to the replies from others. I appreciate it.
Well, about long term investment, your video created should be based o your own experience, right? that is why we cannot blame your way of it, about doing a long term investment in Bitcoin and using TA. It may work very well for you.
And for those who are against the use of TA, I think they also have their own opinion and experience. Sometimes, a strategy of someone will not work on someone else. But with this, we can enhance our ways to analyze whether the ways as you did in your channel can work on us or not, or combining it.

Next, about the long-term investment. It may be about one year, two, or more, or event about a bullish market to the next bullish market again? Probably everybody also has its own definition of a long term investment.
For me personally, investing in Bitcoin is a promising idea. Here, I can divide the BTC into three ways,:
1. Daily trading (although I am still very bad in this way, just a beginner, trying to be a good trader but still can't)
2. Short term investment, as I think the definition of short-term investment is that making some percentage of total BTC that I have to hold and then sell when it comes with enough profits increases. for example, the price has increased around more than 20% starting from buying the Bitcoin, so, I can sell them.
3. For a long-term investment, in this way only a few percentages and to wait for the next bullish time.

The important thing is that I only think about never missing any chance or moment so that we will not regret the price.

In fact, I'm glad to see a YouTube channel dedicated to crypto here. This is really important for promoting the idea. Many people have no idea how it works. So you're doing something important. I also believe that bitcoin is an investment in the future.

I don't agree that long-term investing is the "Only" way to financial freedom. It is one of the ways to financial freedom that you accumulate the bitcoin in small quantities over a long period of time and enjoy the benefit of average out the price so that you can make a sizable amount of profit at the end of it. That's normal and even possible with stock investing. So it is one of the ways and not the only way for sure!

However, the price fluctuation also gives us immense opportunities to make money. Majority of the traders surviving in the crypto market are actually dependent on the small & quick price changes in the market. When you say long term investing only, you are limiting yourself from the opportunities the market provides to you and thus loosing the benefit.

Well you still have to be cautious in what you invest nevertheless i do agree that digital currencies have a bride future. Check out my channel if you like feel free to subscribe

Holding Bitcoin for a long time can be one of the ways to financial freedom.  Looking at investors' perspective and looking at Bitcoin History,  If those who bought on the year 2010 don't hodl their Bitcoin and sell them as soon as they saw a 1 dollar profit, then I believe most of popular early investors today wouldn't be that popular.  Furthermore a $1  investment Wayback that time, and they keep it until now would have yield more than  12,500,000%.  


It is obvious that in a certain span of time we have to sell in order to reap our reward.  Would it give us financial freedom, depends on our decision.  After all, profit on Bitcoin all depends in our patience.

The comment regarding the newcomers is so true

My thought is Digital currencies may also be a long-term investment due to their high market demand. Lower inflation risk: Unlike world currencies. which are regulated by their governments. bitcoin is immune to inflation. The blockchain system is infinite and there's no need to worry about your cryptos losing their value.

True story on the other hand China that pays already state employees in a digital state currency

And then there's Russia. Previously "allowing" Bitcoin activities, now makes a major U-turn. Recognize but unable to use it as a payment channel.

Wut.

Thats true and a good point. A very good example in this case is India. Where the governement constantly changes his mind

Thanks for answering. I said that in relation to the title of this thread. Starting a video with short-term TA and mentioning a catastrophical drop isn't really supporting the idea of investing for the long run. Some trade some hold. I don't believe anybody can provide some serious data about the number of BTC holders vs traders. What I've learned along the way is that to make big money trading you have to be an exceptional trader. To make money investing in Bitcoin, all you need is confidence and know how to keep your coins safe. Saddly, most newcomers come to the space thinking they can trade their way to riches.

It is definitely a topic that isnt discussed a lot i do agree with that. I didnt do a video about that yet. The complexity is that every country is different and i believe that people that invest into bitcoin have to check for the laws in their own country by themselves, apart of that i do believe that bitcoin has been at a critical point in the beginning of 2020 before that US banks announced to go into Bitcoin before Grayscale bought Bitcoin so much. If you take the current landscape i do believe that in the US and Europe it wont be illegal to hold the only thing that will change is that laws will be implemented for the taxes etc.

Or did you have something else in mind?   

Hej there thanks for your feedback. In this case i must have been misunderstood. I do personally as a holder didnt find the "crash" catastrophic it was more related to the traders out there or those who arent aware that bitcoin moves this massively. I personally see all those price movements as a great buying opportunity to accumulate more bitcoin. Nevertheless i do have the feeling that a lot of people arent holding bitcoin and rather trade bitcoin for the short term

Thank you for coming back to me

To your first 2 points i do agree that people that have bought XRP or Bitcoin at those moments are still having a loss at this moment. Especially for XRP when people bought it in 2017 where it was almost at 3 Dollar. I personally can only speak for Bitcoin as i am not invested in XRP. If you started investing in 2016 till today on a monthly basis with a small amount on average i would be in profit at this point furthermore i believe in this case it is just for me, that my return between 2016-2020 hast been on average much higher than the stock market. This of course comes with a risk as Bitcoin is moving much more.

So i do understand that some people like to trade and make profits and make money that way and others hold it for 5-10 year or in the future even longer. These are two positions/strategies which arent wrong it is just a personal taste what is prefered.

Regarding my Channel activity.

I started the Channel in German. I uploaded a lot of videos for a long time, then i had to make a break due to health issues. I furthermore looked into the current YouTube Crypto Channel market and i must say that growing a Channel in German language gives me much less audience so i decided to go with English. Thats why i put a lot of old videos in "private" as they arent accurate anymore to that what i post right now

What projects? What portfolio? They're talking about Bitcoin. Portfolios are for shitcoin buyers.
As for the technicals being incompatible, I agree. There's no need to do short-term TA when you're an investor. TA is for traders. He's talking about long term hold and barely mentions the fundamentals, but focuses on the recent correction, like a typical trader. He even says that  "the recent move might look catastrophic".
I'm a holder and to me the move from 9k to 4k in March wasn't catastrophic. If you feel like that when the price moves down by 2k USD, youre a trader not an investor.

long-term investment also has many risks, I will give an example:

1 - People who bought bitcoin on September 7, 2019 for the price of $10300 and are still holding it today, have no profit at this time that the bitcoin price is $10200

2 - People who bought XRP on the 7th of September at the price of $0.25 and are still holding it today, are at a loss because the current price is at $0.23


I realized that you created a channel and then you spent two years without posting any videos, can you tell us the reasons?

This is a good guide for long term investment in bitcoin.

I don't know how LoyceV considers a rise is large enough for him to take profit with small percentage of his bitcoin. 20% or 30%, you can choose yours from your tasty favorite.

Me? I choose to take profit at the rise with 15% to 17%.

Hej there Youve got a good point. The question of how long to hold it is valid. To be honest with you if the 70% of the Bitcoin holders that dont move their funds continue to hold or rise and the interest into bitcoin rises as well then over a period of 20-25 years the price will multiply. Considering or applying that this happens (no guarantee of course) it could apply the same strategy as for the stock market, that the value will continue to grow.
Even if you invested in 2017 your invested could be up 100% for example in 2021 it is a time span of 4 years but still that would be a average return of 25% per year.

I do think thatz the PlanB S2F Model is pretty accurate from the mathematical point of you. If it continues to be this accurate we could see pretty nice returns. If this is the case i could live of my Bitcoin investments when i retire.

Nevertheless i do understand your point of not getting greedy dont get me wrong I feel you as i also had investments in 2017.

Cheers

Marian 

Long term investment, but how long? Would it be financial freedom? I don't think so. Financial freedom is that you have to ability spend your fund anytime anywhere. So just hold and hold for a long time wouldn't be a brilliant decision and wouldn't be financial freedom as well. For example, you bought bitcoin at $3K and you Holden it for 2 years, eventually, it's become $50K each, so still, do you think you need to hold more longer? If so then how long? I am also a fan of a long time holder, but my point is when I have a handsome profit then don't be greedy and enjoy your financial freedom. Don't make mistake like I am suffering by mistake of 2017.

Thank you for your kind words. Is this always the way you welcome new people in the "bitcoin talk" community?. I do think that the word "crap" isn't that kindest word you can choose. If you dont like my Channel you that is totally fine. Things need to be explained to the broader audience in a simple way, so that the interest into Crypto increases an so the value of all investors.

So if you dont understand the simplest steps to success for people invested in Bitcoin and other Tokens/Coins then please just leave your opinion for you. Here on bitcointalk seem to be a lot of experts nevertheless to get the price of bitcoin above 20k you need the broader masses to invest and this can only happen through YouTube and further simple explanation how to invest

Cheers

& Thanks for your short and crisp feedback 

Long term investment requires careful research on potential projects for your portfolio. After research, try to find a good entry. It is never perfect like you can choose exactly the bottom and buy at it. Choose a good range for your entry, buy in the range, and accept temp loss. Don't panic when market shakes weakhands out.

I agree with your comment. Investment is simple in terms of technical analysis. It requires more on research, patience, and determination.

Whats wrong with promoting youtube channel related to crypto? Is promoting illegal on bitcointalk? Remove your signature then.

I'm long term investor and i do pay attention to short-term changes. I buy every f.ng dip. I need basic TA to spot them.

LOL, do you understand what long-term investing is? It is a purchase regardless of a short-term change in the value of the asset you bought. You are trying to promote your channel, it is probably not suitable for posting here.

Long term investing is incompatible with technical analysis. Your channel is crap.

Hej guys,

my name is Marian i have been in the Cryptospace since since 2016. I have watched the market and the people that interact with bitcoin for a long time and i feel it is the time to further spread the knowledge of what Bitcoin is and why it is so important to invest long term. There are a lot of people promising "moon shots" and speculate or do "Emergency" videos for Click-bait, but they all forget the core the main function and reason why bitcoin exists.

I have created a YouTube Channel with the name Kryptoschnack Link: https://www.youtube.com/channel/UCQE-leBNZ5xKmI1vSha7hgA?view_as=subscriber I did this as i got the feeling there has to be more serious talk, or more realistic estimation what bitcoin is all about.

As the title says, long term investing is the only way to financial freedom and if you believe the same please share your knowledge your opinion and if you do want to support me check out my Channel

For any further question send a question directly to me in this discussion

Cheers

Marian

To Validate myself that i am not fake:

Linkedin: https://www.linkedin.com/in/marian-m-768046172/