Topic: Bitcoin proven many times holders won't regret - page 6. (Read 1688 times)

That is okay when there are comparisons being done to Bitcoin and alts. Thus, those altcoins investors are mostly the ones comparing their investments to Bitcoin and tells the same thing about it being expensive so they resort out in investing to alternative coins.

Exactly.

Despite that we've got differences and preferences, we all have been matured on this market and for the new comers that will ask our thoughts about this and that. We're always glad to tell them that it's always and has always been Bitcoin.

I highly agree, Bitcoin though highly volatile has always shown the masses that the market indeed move in a cyclic pattern. I don't think it moves like a clock though since it never touches the same bottom once it records a new heights.  Unlike a clock that always reset on 00:00  Bitcoin often creates a new higher bottom everytime it ends its cycle.


Or even with their understanding, the problem people have in investing on Bitcoin is the lack of patience.  Aside from that, the lack of funds to support their needs that they end up selling their BTC holdings once they got into a tight financial problem.


Bitcoin price is highly volatile, never it become stable, there might be a sideway movement of its price but even so, it fluctuates which gives opportunity to day traders to rake or lose a profit.  Though I agree that one should practice patience when investing in Bitcoin.  I believe the best move is to set a selling price and sell when the market hits the target selling price then reenter when Bitcoin market enters the bear market.

I think that ultimately there is no need to compare bitcoin with any other Alts, simply for the sake of comparing things that should not be.  Now, that does not imply and it is the reality that Alts projects are very profitable, there is a lot of investment there.

Then it is simply the maturity of the investor, everyone at this point knows where to invest and of course bitcoin will always be the favorite project par excellence.

   Investing in Bitcoin is not regretful at all, as a trader what is happening to Bitcoin price now is normal,you know that there will be a  point in time when the market price will go up even above than expected,then it drops down, after which it becomes stable,so i don't see any reason why some person's are panicking, if i were you,i will keep holding and wait patiently for the halving. As far as am concern Bitcoin has not disappoint and will never disappoint.

Lessons learnt the hard way and since this is my first time experiencing the halving, then I must say, it has been an amazing journey to follow and indeed I think I have some great trust for bitcoin and I don’t want to pressure myself to holding but I’m sure to take extreme actions to hold as much as I could, coming the next having in four years from now and that’s why I’ve decided to start holding as soon as the cost of my health care reduces because I can’t even imagine the joy on the faces of people who bought it when it went down to $17k.

I don’t want to blame anyone who watched and wished to invest and hold  bitcoin but couldn’t due to some conditions beyond them, and I also want to remind us to get ourselves ready for the next halving and also try to seize the opportunity that would come then.

When it comes to long term investments like bitcoin, patience is the key. The longer you hold, the more massive the profits will be. However, new investors have been believing bitcoin is a get rich quick tool, the reason why majority of them are not capable enough to hold their coins longer, and every time bitcoin price suddenly drops its price drastically, these people end up panicking and decide to sell their coins at a loss. Hence, it’s always a must to invest only an amount you can afford to lose so that even if the price consistently drops, at least you won’t be bothered since you are here to invest and hold bitcoin for long term, and only sell it at your desirable goal price.

Bitcoin investment is totally different from altcoins investment, we've seen this several times when altcoins pump and dumb at end but bitcoin is totally different from others. Although invest with the mindset of a long term plan will yield profit, shortest time guarantee with bitcoin investment is not right. I have seen several coins listed but still no coin can surpass bitcoin even with the volatility nature and from my view people mistake the price fluctuation as risk involving but bitcoin has the ability to rise.

Any investors that buys Bitcoin with the intention of hodling it on the long term will surely not regret it, even if they buys it in the peak of bull run, all they need to do is hodle it till the next ATH, and they'll get ROI. Although it's best to buy it during bear run or price dip, hurdle till bull run and prepare for massive ROI when it hits new ATH, then decide whether to sale or keep hodling. I believe that Bitcoin has gone beyond the days when people were wondering if it's value will continue to increase in the future or it'll crash and vanish like most Ponzi scams. Bitcoin DCA method is the best form of investment for everybody, especially average and low income earners.

This will always be a major problem for cryptocurrency investors who don't understand will always because most of their focus is profit making not the market works this is why we see in today's market investors chasing after the market trend to determine their investment.
Another thing that makes some investors not to hodl Bitcoin is the cost of having a whole BTC is costly for some people..

Basically every investment requires a lot of patience and Bitcoin one isn't that different. The return of investment in Bitcoin used to have as higher percentage as the user hold it for a longer period.
In recent years, the ROI was lower than the first years obviously, yet it is still profitable unless you panic sold your coins with a loss. Just invest what you are affordable to lose and keep calm. That's the advice that every investor should have in mind

Seems like i can't talk with the nationalist yobit on here. They have my shibs.

I live in the west. We have no Nazi's here.

The wallet is ok. No claims.

Bitcoin is not like other coin when they lose value that's just the end of it. The value of bitcoin is in cyclic pattern,  it movement is just like a clock. Their is no need for one to panic if the price of bitcoin falls because it will definitely get back if only can hodl, it is just a matter of time . The problems people have investing bitcoin is that they do not have a proper understanding of how bitcoin works and they don't have patience to hodl bitcoin when bitcoin goes dip to recover their money with the exactly value the way bitcoin was bought.

All investments involve risk, and Bitcoin is no exception.  However, your view focuses heavily on the potential for success stories – those who've held Bitcoin since its inception and reaped significant rewards.  This paints an optimistic but incomplete picture.

Imagine a rollercoaster – the thrill of the climb is exhilarating, but the inevitable dips can be stomach-churning.  Bitcoin's history reflects this perfectly.  While some have made fortunes, many have seen their investments plummet during its frequent bearish cycles.

The "win-win" situation applies only with hindsight.  For early investors, holding was a wise strategy.  But for those who bought at the peak of a bull market, the wait for profits can be agonizing, especially during prolonged downturns.

Because this is one of the factors that makes bitcoin really worthy of being called the king of all Cryptocurrencies, previously there were many things felt by bitcoin holders, starting from governments who wanted to destroy bitcoin by carrying out FUD against bitcoin, they even strictly banned it in several countries so that people not investing but the fact that this method does not make bitcoin die even today bitcoin proves to us that investing with it is the right choice and can generate big profits for the holder in the long term.
There is no doubt about the future of bitcoin because so far bitcoin has proven to be the best.

The supply of bitcoin is limited and that is the advantage of bitcoin, but that is not the outstanding difference of bitcoin compared to altcoins. Because it's just as easy for altcoin projects to create a project with a limited supply like bitcoin, and even less supply if they want. What makes bitcoin different is its utility and practical applications, Bitcoin has outstanding features and advantages that no other altcoin has. And the difference of bitcoin is that Satoshi originally created bitcoin solely for the purpose of creating a decentralized currency. Unlike today's altcoin projects that are created mainly for speculative, profit-making games.

Bitcoin hodling has been one of the most profitable investment strategies for people who entered the crypto world very early. For the majority of investors that came after bitcoin reached a price of 10,000 USD it's still a nice return. The advantage of hodling for me is to not have the need to invest a lot of time on research and actively managing my bitcoin holdings. We never know what rational the investors have to be buying or selling now, but without them there wouldn't be a market. Imagine if nobody would be willing to buy bitcoin above 50,000 USD, or nobody would be selling below 20,000 USD. This would mean the market collapses as seller don't find a buyer and will reduce their prices. It wouldn't be possible to take profit by anybody anymore. In my opinion it's fine for people to be buying now if they don't have any coins already and are looking for ways to invest. It's not only bitcoin that is up so much, stocks are also doing pretty well this year. As long as investors have free money and are looking for ways to invest it's fine. As long as you don't spend all your money now to be buying at these high levels. Also if you have been buying bitcoin with the DCA method for the last 12 months you should keep buying. Your initial purchases already made a big profit and you want to keep building your long term crypto portfolio. In my opinion it's better to keep building our crypto portfolio instead of taking big profits and being stuck with fiat money again.

That's one of the major reasons why I prefer bitcoin to every other investment, infact bitcoin is not to be compared with every other coins/tokens in the crypto space, it has proven itself over a decade and more, it's really some kind of paradigm that people are looking down on. Bitcoin has been top 1 all time since launched and no other project has tried to attain a close height that it has gotten for years now even the famous Ethereum couldn't get there.

For holders, looking at the price history of bitcoin one should be rest assured that holding bitcoin will be more profitable in a long term. Although it's true that no body knows tomorrow but at least for bitcoin the future price is assured so, for holders they should keep holding, in every four years cycle bitcoin will keep reaching a new all time high, hence holding shouldn't be given a double thought on to be acted upon.

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Couple of thing made Bitcoin this unique from Altcoins, The fact that Satoshi made BTC in such a way that only 21 million BTC can ever be in existence ,that's you can't print more than 21 million BTC, made it deflationary and hence will continue to increase in value overtime because of its scarcity, And that makes it so interesting and different from the traditional fiat currency we have, and hence it has become more attractive for investors to always run for safety and the demand for Bitcoin will always be there; therefore we will always have Bitcoin bounce back even after a major dump.

Although I am not an expert in Bitcoin investment, and cannot give good advice. However, if we look at the journey and history of Bitcoin, if we can maintain it with a long-term strategy, I would answer yes, Bitcoin is definitely very profitable and guaranteed to provide excellent returns in the long term.
It looks easy, but in reality it's not that easy, especially for beginners. Because they don't have enough experience, understanding and knowledge to go there, and the most common reason is patience and panic which makes them take wrong actions.
Investing in Bitcoin requires strong belief because with belief we will not be affected by existing fluctuations, and they only focus on their belief, that in the long term or in the future Bitcoin will provide large profits. And if we have strong belief, we will always have patience which will produce perfect results in the future.

Throughout history, we can take valuable experiences and lessons from Bitcoin so that we don't hesitate to become holders for a certain period of time.
Same as you, I don't talk about altcoins and don't really pay attention to the condition of altcoins so far even though it is true that altcoins don't recover when Bitcoin manages to recover in the time needed.

The future of people who want their money to survive a decline in value or people who want to make a profit by investing in Bitcoin, holding Bitcoin without a doubt with proven experience and history will be successful.