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Topic: HODL bitcoin? why and why not? - page 2. (Read 1846 times)

newbie
Activity: 16
Merit: 0
December 12, 2017, 10:24:17 AM
#89
Hodl because bitcoin price could be double again by next year. I guess what bitcoin price stand on market currently is not just a mere speculation by whales but a result of more and more people being aware on the existence of bitcoin and investing on it.
sr. member
Activity: 795
Merit: 251
December 12, 2017, 10:21:50 AM
#88
I will hold bitcoin because it is the shortest path to success. Money is not easy to earn, with bitcoin just saving its value will increase over time.
hero member
Activity: 1344
Merit: 502
December 12, 2017, 10:15:12 AM
#87
Allot of bitcoin user here are saying holding bitcoin is better for long term profit,
not holding bitcoin means you spend them so their is no profit to look for coming in.
You can try lending out bitcoin for profit as well.
member
Activity: 218
Merit: 11
December 12, 2017, 09:24:59 AM
#86
I don't find much flaws or negativity on holding bitcoin. When we go through the growth history we can understand the goodness of holding.
sr. member
Activity: 658
Merit: 256
Freshdice.com
December 12, 2017, 08:16:18 AM
#85
HODL bitcoin? why and why not?
I believe that it is a better idea to hold than to sell. Why? because the market value of bitcoin is exo3cted to be more expensive in the future since the demand from the market is getting higher as more people are getting interested to bitcoin. Huge profit will be esrned in the future as its price increases, and i think it is an enough reason to hold.
hero member
Activity: 1610
Merit: 507
December 12, 2017, 08:01:00 AM
#84
HODL bitcoin? why and why not?

I will hodl bitcoin because I know the price will be increased for a long term and although I don't know how much the highest price of bitcoin, I will still hodl my bitcoin for a long term and I hope I can give my bitcoin to my children. I don't think that there is any reason for us to not hodl bitcoin unless we don't trust bitcoin. I believe with bitcoin and I am sure that I can make some money from bitcoin and this is why I still trying to earn more bitcoin.
staff
Activity: 3136
Merit: 570
Join the world-leading crypto sportsbook NOW!
December 12, 2017, 07:55:26 AM
#83
People who think to hold bitcoin in the long run might not always profit as there is always a chance for the price of bitcoin to drop a huge amount overnight, the way to profit is to grab the opportunity to sell at a high rate and purchase more bitcoin for holding during a price dip.
full member
Activity: 249
Merit: 100
December 12, 2017, 07:33:32 AM
#82
Hold because of we believer in the power and potential of bitcoin because it serves as a currency for us in the internet world now. It also gives us superficial benefits in terms of investments and opportunity for people to develop not just on financial but also mentally. Also we know that the demand of bitcoin is tending to increase more and more because the public and media are getting hyped up by it now.
Yes bitcoin has a great potential to increase higher than the price now. So with that I believe that you must hold your bitcoin no matter how risky it is because anytime it will dump but it will definitely increase. Holding bitcoin shows how patience you are and you faith that bitcoin will increase
legendary
Activity: 1442
Merit: 1025
December 12, 2017, 07:04:36 AM
#81
to hold bitcoin is a very wise decision, why? because it can cause of price hike, many newbie people in crypto are getting panic when the price of this bitcoin decrease and they are simultaneously selling their bitcoin that can cause of price drops. so why not to hold your bitcoin for long period of time to see how many profits that you can get by holding your bitcoin.

Holding bitcoin had been very beneficial and profitable for us who have been saving since we started earning here. I started when bitcoin was less than $1 000 and look at the price now. I had sold so many bitcoin before because of financial needs and I do regret selling because if I have hold it, I could have earn more. Good thing, I still have bitcoin left in my wallet to hold. Holding may be risky but this is how it works here and between crypto currencies. Anyways, it looks like that bitcoin will continue to rise so it is a good opportunity to hold now, hold as long as you can because the higher the price of bitcoin will be, the more people will be interested in it.

About the panic selling, as a newbie trader once, it is really alarming when you are just starting and is really hoping to earn and then bitcoin suddenly goes down. SO before the price really goes down, they will sell hoping that they will still be able to earn a profit.
Yeah, for those who have been here earlier and still earning or buying and then holding, I am sure they must have attested to the fact that holding seems to be a more interesting thing to do than to be panicking and allowing some whales to spread FUD to their own advantage.

So far everything is fine, it is so glaring that someone who has been doing pretty well from the onset would have been able to store up something tangible that would have increased hugely in price over time and who knows, for those here now, anything is still very much possible.
sr. member
Activity: 384
Merit: 250
December 11, 2017, 11:52:42 AM
#80
I hold bitcoin because i know it will increase. Technology and future money is already here. so i just buy and hold no need to think short term, i always think long term for bitcoin.. i'm not gonna sell anything till 2019
sr. member
Activity: 420
Merit: 250
December 11, 2017, 11:49:52 AM
#79
You should hold on to your bitcoin because if you are short term then you will probably gain a less or small amount of profit that you can gain if you are a long term. So i suggest that you should just hold on to your bitcoin.

If you have excess money than its easy to keep continuing hold because even it falls you can hold it for longer term. But if you have an average earning then its always recommended to keep drawing some profits on every high. And when the falls comes you can buy back and continue this way to get profits out of the coin.


I have some personal opinions for why and why not hold it. There are only my personal opinions, but they work for me.

Why to hold:

-Advantage of making great profits.
-Advantage of free money transfers to anybody you like.

Why not hold:

-Requires high amount of money.
-Excessive volatility.
full member
Activity: 812
Merit: 142
December 11, 2017, 11:36:37 AM
#78
You should hold on to your bitcoin because if you are short term then you will probably gain a less or small amount of profit that you can gain if you are a long term. So i suggest that you should just hold on to your bitcoin.

If you have excess money than its easy to keep continuing hold because even it falls you can hold it for longer term. But if you have an average earning then its always recommended to keep drawing some profits on every high. And when the falls comes you can buy back and continue this way to get profits out of the coin.
sr. member
Activity: 434
Merit: 252
December 11, 2017, 11:33:42 AM
#77
I keep my bitcoins as a Deposit. They bring a good income and I do not understand why now keep their savings in banks. Everyone should have savings for a rainy day. Better to keep them in bitcoins. You are not bound to additional obligations and may at any time to use their savings. Bitcoin is the best investment for today.
hero member
Activity: 910
Merit: 550
December 11, 2017, 11:26:29 AM
#76
You should hold on to your bitcoin because if you are short term then you will probably gain a less or small amount of profit that you can gain if you are a long term. So i suggest that you should just hold on to your bitcoin.
full member
Activity: 518
Merit: 145
December 11, 2017, 11:24:44 AM
#75
HODL bitcoin? why and why not?
People buy bitcoin because they want to make some profit.
So, buying and holding bitcoin is the key because the longer you hold your bitcoins the more profit you can make.
Sure, one way to make it in the long run is patience. There could be some rough times, but it is better to even see them as stepping stone to greatness for bitcoin. Every investment may come with a risk and that is understandable but with bitcoin and most of the things that has been going on, I won't want to in anyway sell my bitcoin for anything. Give me at a far lesser value and then I will buy more.
hero member
Activity: 3038
Merit: 634
December 11, 2017, 11:17:49 AM
#74
Holding bitcoin is a good practice of patience. While you are holding your bitcoin there is another thing that you are doing and that is to be patient for better profit to come in the future.

As a long term holder, there will be a lot of challenges that you can come up with. Like witnessing it's growth and at also the falling of bitcoin.

It will teach you become stronger too.
sr. member
Activity: 336
Merit: 260
December 11, 2017, 11:13:31 AM
#73
HODL bitcoin? why and why not?

When you are looking for long term investment, bitcoin will be a good pick and hodling it for just several weeks or a month will still result in some profits because of its daily upsurge of prices. The outcome of bitcoin future first day of trading proved that bitcoin continue will to go up as demand for bitcoin rise up more. 
Since bitcoin value for now is unpredictable fluctuation, I think it's better to hold it for the meantime, because I'm sure that when bitcoin price is become stable they will simply increasing their value slowly but surely.

Otherwise more people now are standing by because they were expecting much higher value of bitcoin in the market this coming last week of the year. As per speculation of some analyst bitcoin price will reach $20K but in my speculation bitcoin value will touch $20K on 2018.
sr. member
Activity: 826
Merit: 256
December 11, 2017, 07:04:25 AM
#72
HODL bitcoin? why and why not?

When you are looking for long term investment, bitcoin will be a good pick and hodling it for just several weeks or a month will still result in some profits because of its daily upsurge of prices. The outcome of bitcoin future first day of trading proved that bitcoin continue will to go up as demand for bitcoin rise up more. 
hero member
Activity: 866
Merit: 1001
December 11, 2017, 06:47:03 AM
#71
It would be better to hold bitcoins.$17,000 is really such a tempting price so that most would be deciding to sell it.But they should realize that CME ,CBOE have not yet released bitcoin futures yet and its already this ATH price now and after they issue bitcoin futures,BTC price would be even more high.So,it would be best to avoid regretting by selling now and just hold it for some more time.
legendary
Activity: 4116
Merit: 4738
You're never too old to think young.
December 10, 2017, 04:55:24 PM
#70
Hold.

Why? Supply and demand.
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