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Topic: Can I really hold onto my bitcoins in the future? (Read 937 times)

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In my opinion you should invest in Bitcoin and keep it for long term. The more bitcoins you invest the more you will benefit, and from here you wait until the maximum price is reached. We are currently between the period after the halving and the moment before the bull run begins. So if you wait till bull run then surely you will get great success.


The bull and bear season is our business to deal with and we should always know what's coming in for all of us. Success doesn't come in a day base on hardwork or principles, perhaps it comes as a result of consistency and we know how enjoying and straight it can be. Investing in bitcoin, one need to settle down and making thorough planning and also having an entire view of the market. We know the market is filled with volatility and trying our possible best to avoid them.


Sorry I don't understand what you mean by success doesn't come in a day based on hardwork or principles. If I may ask how can one be consistent without working hard cause I know this two work hand in hand to get a success and sometimes grace is needed to get this success cause I have seen people who are consistent and hardworking yet no success.

To settle down and make a thorough planning before investing in Bitcoin sounds like someone who wants to trade Bitcoin though it is good to make plans but the plan should be how much you want to invest so that it won't affect you to the extent of going to touch your investment when it is not yet matured cause Bitcoin investment whether you plan or not as long as you hold it for longer period of time you will definitely make profit so I don't think there's need for too much plans or analysis before investing in Bitcoin unless you want to trade, then you wait for the price to dip before investing.



If you have seen individuals that are very Hardworking yet no successful, that does not mean Grace can take the position of Hardwork before one is successful and probably they might be spending time doing the wrong thing in the name of  Hardwork.
You are wrong for saying wether one plan or not as far as he holds, he would surely make profit, the how you want to invest is a plan, and comes along with discipline, consistency, emergency funds, discretionary funds, what to put in place which balances you on the journey of Bitcoin investment, allocated amount for accumulating Bitcoin, will guide one and not necessarily just holding.


Please don't get me wrong grace is for everyone and I believe to an extent grace is in part by part that is to say that you can have grace when it comes to appointing people that will  benefit from a particular thing but you may not have grace when it comes to some other things  and again Bitcoin investment doesn't need too much analysis or calculation most especially if one is investing for long term. Moreover, you can't enter a long term investment when one don't have something that will be sustaining him or her. In summary Bitcoin investment doesn't require too much analysis like when one wants to trade.
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Quote from: Ricardo11
Investing in Bitcoin will be a really good decision for you. If you hold long term in Bitcoin you will get much better return in future. But you have to be fully prepared for the long-term hold. This requires a good source of income, so that you can keep your investment for a long time without any interruption. Remember that if the investment is not long-term, you cannot expect anything good from it.
Those that made up their minds to hodl BTC for long period of years before they can sell, always embrace huge amount of money from their hodling  when bull run occur, which is a good move for every BTC hodlers to take during the bear run to achieve success in the bull season.

If you have other sources of income, I guess you can get it right to hodl your BTC for long period of years because you will be using other sources of income to solve other issues that will make you to sell your BTC in the low price.
Quote
Bitcoin price is very low right now, it is very good opportunity to buy Bitcoin. Please don't miss this opportunity, if you want to invest, invest now and don't rush to sell. In future it will give much better amount of returns.
I believe it will still dump more than this current price which you need to endure, because the price will still dump to $50k before it will start pumping that will make people to see another new ATH in the market.
member
Activity: 224
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In my opinion you should invest in Bitcoin and keep it for long term. The more bitcoins you invest the more you will benefit, and from here you wait until the maximum price is reached. We are currently between the period after the halving and the moment before the bull run begins. So if you wait till bull run then surely you will get great success.


The bull and bear season is our business to deal with and we should always know what's coming in for all of us. Success doesn't come in a day base on hardwork or principles, perhaps it comes as a result of consistency and we know how enjoying and straight it can be. Investing in bitcoin, one need to settle down and making thorough planning and also having an entire view of the market. We know the market is filled with volatility and trying our possible best to avoid them.


Sorry I don't understand what you mean by success doesn't come in a day based on hardwork or principles. If I may ask how can one be consistent without working hard cause I know this two work hand in hand to get a success and sometimes grace is needed to get this success cause I have seen people who are consistent and hardworking yet no success.

To settle down and make a thorough planning before investing in Bitcoin sounds like someone who wants to trade Bitcoin though it is good to make plans but the plan should be how much you want to invest so that it won't affect you to the extent of going to touch your investment when it is not yet matured cause Bitcoin investment whether you plan or not as long as you hold it for longer period of time you will definitely make profit so I don't think there's need for too much plans or analysis before investing in Bitcoin unless you want to trade, then you wait for the price to dip before investing.



If you have seen individuals that are very Hardworking yet no successful, that does not mean Grace can take the position of Hardwork before one is successful and probably they might be spending time doing the wrong thing in the name of  Hardwork.
You are wrong for saying wether one plan or not as far as he holds, he would surely make profit, the how you want to invest is a plan, and comes along with discipline, consistency, emergency funds, discretionary funds, what to put in place which balances you on the journey of Bitcoin investment, allocated amount for accumulating Bitcoin, will guide one and not necessarily just holding.
member
Activity: 364
Merit: 89
Reward: 10M Shen (Approx. 5000 BNB) Bounty
In my opinion you should invest in Bitcoin and keep it for long term. The more bitcoins you invest the more you will benefit, and from here you wait until the maximum price is reached. We are currently between the period after the halving and the moment before the bull run begins. So if you wait till bull run then surely you will get great success.


The bull and bear season is our business to deal with and we should always know what's coming in for all of us. Success doesn't come in a day base on hardwork or principles, perhaps it comes as a result of consistency and we know how enjoying and straight it can be. Investing in bitcoin, one need to settle down and making thorough planning and also having an entire view of the market. We know the market is filled with volatility and trying our possible best to avoid them.


Sorry I don't understand what you mean by success doesn't come in a day based on hardwork or principles. If I may ask how can one be consistent without working hard cause I know this two work hand in hand to get a success and sometimes grace is needed to get this success cause I have seen people who are consistent and hardworking yet no success.

To settle down and make a thorough planning before investing in Bitcoin sounds like someone who wants to trade Bitcoin though it is good to make plans but the plan should be how much you want to invest so that it won't affect you to the extent of going to touch your investment when it is not yet matured cause Bitcoin investment whether you plan or not as long as you hold it for longer period of time you will definitely make profit so I don't think there's need for too much plans or analysis before investing in Bitcoin unless you want to trade, then you wait for the price to dip before investing.

hero member
Activity: 2828
Merit: 518
Yes you really need to hold onto your Bitcoin in the future because Bitcoin is more profitable when sighted for a long term run depending on howmuch amount of Bitcoin you where able to accumulate in the process, there are things you need to do before you can be able to hodl onto your Bitcoin investment in the future, your discretionary income, setting aside your emergency, reserve and float fund incase there is any unforeseen contengency that may occur so it won't affect you selling out your Bitcoin hodling along the way because you have already kept aside what will take of that, and also with your DCA strategy you can be able to accumulate more Bitcoin in different interval either weekly or monthly as the case may be and hodl for a longer period of time like 4-10 and above in other to have a better profit when your finally want to sell out your Bitcoin hodling.
Until then, it remains optional depending on our plan and goal. It doesn't mean that if we buy Bitcoin, we have to hold it forever, there is no urge for such a thing. But what I did is that I bought during corrections and sold them during price rallies. What I am trying to do is to keep my money growing, not by just letting it stuck and just earning a profit after a few years of holding.

But of course, there is nothing wrong with just holding them, it is been proven for its profit potential. many years from now, it is more likely the demand will be high, causing the price to soar as well.
full member
Activity: 560
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Eloncoin.org - Mars, here we come!
In my opinion you should invest in Bitcoin and keep it for long term. The more bitcoins you invest the more you will benefit, and from here you wait until the maximum price is reached. We are currently between the period after the halving and the moment before the bull run begins. So if you wait till bull run then surely you will get great success.


The bull and bear season is our business to deal with and we should always know what's coming in for all of us. Success doesn't come in a day base on hardwork or principles, perhaps it comes as a result of consistency and we know how enjoying and straight it can be. Investing in bitcoin, one need to settle down and making thorough planning and also having an entire view of the market. We know the market is filled with volatility and trying our possible best to avoid them.
full member
Activity: 476
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Hello all forum members. I am new to this forum and this is my first post. I have been familiar with Bitcoin since 2019. In 2015, when I entered my Honors first year at university, my family situation was very bad financially. I told my family situation to the head of my university then sir gave me a job opportunity. In the house where Sir lives, he has a neighbor, an old woman lives there. The old woman's children lived abroad and had citizenship there. My job was basically shopping for him, withdrawing money from the bank, basically working as his runner.  He paid me $100 a month. I could save $30 dollars a month and put that money in the bank. The old lady died just three months before my honors final exams started. I worked under that old woman for three years and seven months. After completing the final exam, I was not sure what to do with the money, whether to keep it in the bank or not, then a friend of mine told me to invest the money in Bitcoin. I didn't think about it at first but I spent a month browsing the internet about Bitcoin. Later I became interested in Bitcoin. I withdraw my bank money and invest in Bitcoin. I don't know why I didn't sell Bitcoin when it reached its highest price.  Currently I am unemployed for three years after completing my studies. I am trying hard to find a job but luck is not helping me. I have two tuitions to support myself but it doesn't work like this, it has become very important for me to help my family. I don't know what to do now. Now the bitcoin market has increased a lot, should I sell my bitcoins? I will use it in a small business. Should I be given more time for the job? I have to take a decision in the next two months. Experienced members of the forum give me some advice what should I do.

In my opinion you should invest in Bitcoin and keep it for long term. The more bitcoins you invest the more you will benefit, and from here you wait until the maximum price is reached. We are currently between the period after the halving and the moment before the bull run begins. So if you wait till bull run then surely you will get great success.

sr. member
Activity: 952
Merit: 391
Underestimate- nothing
Investing in Bitcoin will be a really good decision for you. If you hold long term in Bitcoin you will get much better return in future. But you have to be fully prepared for the long-term hold. This requires a good source of income, so that you can keep your investment for a long time without any interruption. Remember that if the investment is not long-term, you cannot expect anything good from it.

Bitcoin price is very low right now, it is very good opportunity to buy Bitcoin. Please don't miss this opportunity, if you want to invest, invest now and don't rush to sell. In future it will give much better amount of returns.

investing in Bitcoin is a very big opportunity to make money from, and i love the way people keep accepting Bitcoin it is getting bigger and bigger every day Bitcoin keeps having or recording new investors, and accepting is not the main thing their things that must be done after accepting Bitcoin. and be that bitcoin is a multi billion dollar investment, you buy just set goal of what you want to be getting monthly from bitcoin because you can just be an investor without expecting to get anything in return.  and investors that want to hold for a long time need to have prepared their mind that they wont sell no matter what must have happened, they can even set a price limit to get more confidence in holding. having a source of income is a piece of very good advice because you won't have much concern about money and they will be more focused on their holding. the price of bitcoin is not always stable so you have to keep buying when the price is low so that you keep accumulating that is what smart investors do. As we said if you are investing for the future then you don't need to rush and sell early, keeping observant of the market is what should be done.
full member
Activity: 182
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Better days are close
Yes you really need to hold onto your Bitcoin in the future because Bitcoin is more profitable when sighted for a long term run depending on howmuch amount of Bitcoin you where able to accumulate in the process, there are things you need to do before you can be able to hodl onto your Bitcoin investment in the future, your discretionary income, setting aside your emergency, reserve and float fund incase there is any unforeseen contengency that may occur so it won't affect you selling out your Bitcoin hodling along the way because you have already kept aside what will take of that, and also with your DCA strategy you can be able to accumulate more Bitcoin in different interval either weekly or monthly as the case may be and hodl for a longer period of time like 4-10 and above in other to have a better profit when your finally want to sell out your Bitcoin hodling.
jr. member
Activity: 51
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@Davidvictorson, @Ruttoshi, @Essential10, @Apocollapse, @Kelward, @Hatchy, @Dunamisx, @Eleutheria, @Husires, @Kristiyana, @SatoPrincess, @MetaTeraX1, @Stable090, @boyptc, @Uhwuchukwu53, @Smartvirus, @Truthlovecoins, @leonair, @|MINER|, @qwertyup23, @Kelvinid, @freedomgo,@Saint-loup, @The Cryptovator, @cryptoWODL, @CageMabok, @stadus, @CryptoHeadlineNews, @fullhdpixel, @Crypto Library, @aoluain, @ 2Pizza410000BTC, @Natalim, @doomloop, @goldkingcoiner, @Patrol69, @Nheer, @goldkingcoiner, @doomloop, @Natalim, @aoluain

There are many more, I sincerely regret that I could not name all of them. Thank you all from me. You all have given me important suggestions as to what my next steps should be with Bitcoin. What everyone has said here has inspired me a lot. I got to know a lot, learn and understand that in which direction I should actually move in the future, I have to make a decision very quickly.
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Base on your write-up you where familiar with bitcoin since 2019, which would have be a nice year to start your Bitcoin hodling Journey, because at that time Bitcoin price was still very cheap compare to now which was around the price range of $3k . So by now you would be in nice profit as an early investor.

But sti it hasn't too late to start accumulating Bitcoin now , expecially now the halving is close and Bitcoin is going to drop in prices first before surging. And recently there are some evidence that the Bitcoin halving is really close which is the recent dips in price . So you can use this opportunity to be aggressive the way you can in your accummulating of Bitcoin while hodl. Just as others have said already after the halving they would be a nice increase in price in market , so hopping on now is still nice as bitcoin is still in its early stage.
I think one shouldn't be too aggressive when they are buying Bitcoin even if the price drops because the price of Bitcoin is unpredictable and we can't know whether it has already dropped enough or it will drop further, so one should always be moderate with their purchases so that they can buy more if the price dips more after their first purchase. So, I think the DCA method is the best if someone wants to make an entry into the market even at the current price.

It's never too late but only if you are making a long-term investment which means that you have planned to keep your Bitcoins for years to come and even if the price doesn't go to a point where you feel satisfied with the profits, you are completely okay with holding them for the next bull run.

You're absolutely right,had it been he started bitcoin investment then, and also been patient to hold on to it till this time that the price of bitcoin has gone this  far, just imagine how much profit he's going to make. That is why sometimes is good to make a trial  More especially in terms of crypto and also in other aspect. there was This saying that trial lead to success, had it been you invest with a little amount that you know you can afford even if you lose, I'm pretty sure that he would have been in a better position by now.
hero member
Activity: 2408
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Base on your write-up you where familiar with bitcoin since 2019, which would have be a nice year to start your Bitcoin hodling Journey, because at that time Bitcoin price was still very cheap compare to now which was around the price range of $3k . So by now you would be in nice profit as an early investor.

But sti it hasn't too late to start accumulating Bitcoin now , expecially now the halving is close and Bitcoin is going to drop in prices first before surging. And recently there are some evidence that the Bitcoin halving is really close which is the recent dips in price . So you can use this opportunity to be aggressive the way you can in your accummulating of Bitcoin while hodl. Just as others have said already after the halving they would be a nice increase in price in market , so hopping on now is still nice as bitcoin is still in its early stage.
I think one shouldn't be too aggressive when they are buying Bitcoin even if the price drops because the price of Bitcoin is unpredictable and we can't know whether it has already dropped enough or it will drop further, so one should always be moderate with their purchases so that they can buy more if the price dips more after their first purchase. So, I think the DCA method is the best if someone wants to make an entry into the market even at the current price.

It's never too late but only if you are making a long-term investment which means that you have planned to keep your Bitcoins for years to come and even if the price doesn't go to a point where you feel satisfied with the profits, you are completely okay with holding them for the next bull run.
hero member
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Base on your write-up you where familiar with bitcoin since 2019, which would have be a nice year to start your Bitcoin hodling Journey, because at that time Bitcoin price was still very cheap compare to now which was around the price range of $3k . So by now you would be in nice profit as an early investor.

But sti it hasn't too late to start accumulating Bitcoin now , expecially now the halving is close and Bitcoin is going to drop in prices first before surging. And recently there are some evidence that the Bitcoin halving is really close which is the recent dips in price . So you can use this opportunity to be aggressive the way you can in your accummulating of Bitcoin while hodl. Just as others have said already after the halving they would be a nice increase in price in market , so hopping on now is still nice as bitcoin is still in its early stage.
we don't know whether the impact of the Bitcoin halving will be as we expected. but to plan investment in Bitcoin, it is the most ideal long-term plan. If you want to enter now it might be a little confusing for beginners. because the price could decrease beyond the current price after the halving occurs. it can be after the pump or before.
If you want to start investing, it's better to be confident in your long-term plan. The halving is very close and it's not good to speculate following the market. just focus on holding our assets and plans.
sr. member
Activity: 574
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Hello all forum members. I am new to this forum and this is my first post. I have been familiar with Bitcoin since 2019. In 2015, when I entered my Honors first year at university, my family situation was very bad financially. I told my family situation to the head of my university then sir gave me a job opportunity. In the house where Sir lives, he has a neighbor, an old woman lives there. The old woman's children lived abroad and had citizenship there. My job was basically shopping for him, withdrawing money from the bank, basically working as his runner.  He paid me $100 a month. I could save $30 dollars a month and put that money in the bank. The old lady died just three months before my honors final exams started. I worked under that old woman for three years and seven months. After completing the final exam, I was not sure what to do with the money, whether to keep it in the bank or not, then a friend of mine told me to invest the money in Bitcoin. I didn't think about it at first but I spent a month browsing the internet about Bitcoin. Later I became interested in Bitcoin. I withdraw my bank money and invest in Bitcoin. I don't know why I didn't sell Bitcoin when it reached its highest price.  Currently I am unemployed for three years after completing my studies. I am trying hard to find a job but luck is not helping me. I have two tuitions to support myself but it doesn't work like this, it has become very important for me to help my family. I don't know what to do now. Now the bitcoin market has increased a lot, should I sell my bitcoins? I will use it in a small business. Should I be given more time for the job? I have to take a decision in the next two months. Experienced members of the forum give me some advice what should I do.

Base on your write-up you where familiar with bitcoin since 2019, which would have be a nice year to start your Bitcoin hodling Journey, because at that time Bitcoin price was still very cheap compare to now which was around the price range of $3k . So by now you would be in nice profit as an early investor.

But sti it hasn't too late to start accumulating Bitcoin now , expecially now the halving is close and Bitcoin is going to drop in prices first before surging. And recently there are some evidence that the Bitcoin halving is really close which is the recent dips in price . So you can use this opportunity to be aggressive the way you can in your accummulating of Bitcoin while hodl. Just as others have said already after the halving they would be a nice increase in price in market , so hopping on now is still nice as bitcoin is still in its early stage.
full member
Activity: 560
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 Currently I am unemployed for three years after completing my studies. I am trying hard to find a job but luck is not helping me. I have two tuitions to support myself but it doesn't work like this, it has become very important for me to help my family. I don't know what to do now. Now the bitcoin market has increased a lot, should I sell my bitcoins? I will use it in a small business. Should I be given more time for the job? I have to take a decision in the next two months. Experienced members of the forum give me some advice what should I do.
Life is not supposed to be hard. If you have hodl bitcoin for sometime and you have made some good profit that can make you start a business  with why don't you sell atleast to make your condition better. The reason for hodling Bitcoin is to gain profit that can be of good financial increase to  your life. You don't need to hodl your bitcoin forever when things is difficult and not going smoothly for you. You have invested and you have made profit, then it will be better for you to start up something that can sustain and give you steady income.

After saving some money you realised from your business you  can decide to invest some in bitcoin by hodling. It is a good one that you invested in bitcoin and now you have made some profit that can be used to start up a project that will help you.
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If you need a lot to sell right now you can sell your bitcoins but I don't know how much you bought bitcoins and how much you invested. But right now the market is around 70k if you want you can invest your bitcoins and if you can be patient for a while you can probably sell at a higher price because after some few days bitcoin will halve and the price will go up. Even then selling bitcoins is yours. Personal Decision You can sell according to your personal decision. But one thing should be remembered, if you can be patient for a few days, the result of patience will be very beautiful. Most people are not selling their investments right now because people are holding on for a year or a few years to see the next half and get a taste of the bull market after half. So hold off unless you need more I think you'll have more success.
According to his statemen, he worked for the old lady for three years and some months, and he made mention that he was saving $30 from a salary of $100 he earned monthly, if you do the maths $30 for a year would give you about $360 and for 3 years should be $1080 plus the few extra months he worked, which means he would've saved about $1200 or more back then.

 I believe he would've made a lot of profits which such amount invested in the previous halving but he made mention about not taking profits which means he invested with little knowledge about Bitcoin or so but since he talked about selling his coins currently I believe he most had invested more in Bitcoin over the years. But then I won't advise him to take profits currently since the halving is just some few hours away and he stands a chance to make more profit if he invest a huge amount of money now the price dropped.

 Therefore my advise to the OP is that he should take advantage of the current market and invest more if he got more spare cash or continue holding till after the halving then he could take profits when Bitcoin sets another all time high. The fact that most people are not selling but acquiring more shows that the they understand what they stand to benefit when Bitcoin sets another All time high.
sr. member
Activity: 2436
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Investing in Bitcoin will be a really good decision for you. If you hold long term in Bitcoin you will get much better return in future. But you have to be fully prepared for the long-term hold. This requires a good source of income, so that you can keep your investment for a long time without any interruption. Remember that if the investment is not long-term, you cannot expect anything good from it.
Just sounds easy if you have multiple sources of income but for those who are focused on Bitcoin investment, that is quite challenging. Well, if we really trust and believe that Bitcoin will continue to increase its price in the future, we can make it but if doubts have in our minds, that is somewhat impossible as I was sure that these investors will sell their Bitcoin when dips comes. 
Quote
Bitcoin price is very low right now, it is very good opportunity to buy Bitcoin. Please don't miss this opportunity, if you want to invest, invest now and don't rush to sell. In future it will give much better amount of returns.
$60k, $65k, or even $50k is not very low IMO. But as I've said, if you really have the trust, then take this opportunity. Just be sure that you are strong enough and committed to holding during bear season, not just too aggressive during Bullrun.
legendary
Activity: 1554
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... I don't know what to do now. Now the bitcoin market has increased a lot, should I sell my bitcoins? I will use it in a small business. Should I be given more time for the job? I have to take a decision in the next two months. Experienced members of the forum give me some advice what should I do.
i give advice as a friend, improve your income first, then you can invest in bitcoin with peace of mind.
It’s the first line to safety and having a peaceful investment and hodling strategy in this highly volatile space.

Most people come to Bitcoin with the sole idea of making money. They often take to the idea that their big bag would spawn from here and while that might be possible, it is still advised that you invest in Bitcoin with your spare money. That spare money have got to come from somewhere, some source that isn’t Bitcoin. This stresses the importance of having a some worth stable source of income that could fuel your Bitcoin investment.

It’s also the one means you could stay in the game longer and not be shaking by the various societal ills to the Bitcoin initiative and the troubles you would face as a person while doing your hodling.
full member
Activity: 532
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Investing in Bitcoin will be a really good decision for you. If you hold long term in Bitcoin you will get much better return in future. But you have to be fully prepared for the long-term hold. This requires a good source of income, so that you can keep your investment for a long time without any interruption. Remember that if the investment is not long-term, you cannot expect anything good from it.

Bitcoin price is very low right now, it is very good opportunity to buy Bitcoin. Please don't miss this opportunity, if you want to invest, invest now and don't rush to sell. In future it will give much better amount of returns.
full member
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Quote from: moneystery
it's your decision whether to sell your bitcoin or not, you should know which one is best for you. but if i were you, i would sell my bitcoin and choose to open a business, because the most important thing is how we can secure income first, the issue of investing in bitcoin is a later matter, the most important thing is how we can have income. moreover, if you already have income, later you can also reinvest in bitcoin and build your portfolio again.
He said, he need people advise so that he will know what to do with the money either to sell the BTC to start a small scale business or continue hodling the BTC till the actual time come before he can sell to use the profit to establish his purpose.

 If you visit market recently, you will not give him this advise because the price of BTC has dumped to $63k, which it will not give him the money that will reach him to achieve what he what from his hodling than to wait for the price to hit back to $70k before he can sell to make the profit.

I'm fully sure, that if anyone can buy BTC in the bear run and sell in the bull run he or she will surely make profits because people are buying BTC for profit purpose, which is very important to every hodlers.
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