Hodling Bitcoin - page 2. | Bitcointalksearch.org

savetheFORUM

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Quote from: MiF on July 16, 2023, 09:01:27 AM

Quote from: Mia Chloe on July 09, 2023, 01:26:52 PM

Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes

This is why i always say that the bitcoin holdings is also depend on your status in life it is simply because those who have a financial freedom can surely hokd btc for a long term because they have a lot of money to use on thier daily expenses, while the poor or the people who are in the middle status always convert thier bitcoin holdings in time that is badly needed because they have limited budget for thier expenses, i am one of those who dont have a budget that is why i sell btc in year 2017 without any hesitation because i need funds to survive. Most of the hokder are rich people or investors around the globe that is the reality only few percent of the investors is poor.

It is obvious that those who have more money tend to make more investments, people having no wealth or savings or any kind of assets cannot be among the bigger portion of the investment world, they might look for small places to invest whatever they have so that they can get a few percentages of profit over their investment in the long run and that is how they manage, or they will simply have no investments at all because they don't have enough money.

Creating assets is not an easy thing, some people might have inherited the wealth that they have today but that is not the case with everyone that is rich. Most of the people who are at a good status in present must have worked really hard in the past and that is why they could achieve success.

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Quote from: flyingcarpet on July 17, 2023, 04:52:24 PM

Yes, this is the point of view of many people around me. They look at Bitcoin as an investment vehicle. They don't exchange and spend Bitcoin every day. They invest by waiting for certain times, and some make their investments for a short time and some for a long term.

Everyone has thoughts and expectations about Bitcoin. Many people who own bitcoins are afraid that if they sell their bitcoin, they will not be able to buy it again. That's why they don't sell. This is one of the reasons why Bitcoin has become valuable.

If it comes to that, then there is an option to order just such a card. This is the first time I've seen this myself, but the temptation is incredibly great. It is a pity that such cool things are not delivered to my country due to sanctions ((.
Indeed, there is no point in constantly transacting with Bitcoin if there is a long-term storage strategy. Just extra movements will not lead to anything good.
Metal debit card:

MarjorieZimmermanGinger

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Quote from: wtsimis on July 15, 2023, 01:20:22 PM

Bitcoin holding is the strategy of holding on to one's Bitcoin investment for the long term despite market ups and downs and short term price movements. One can never hold unless one is extremely patient and expects more gains. A holder must firmly believe that Bitcoin will become a valuable digital asset in the future. Bitcoin holders do not care about little loss or profit after investment.

If you implement a long-term strategy in bitcoin then you don't need to monitor price movements all the time, you can hold on until the desired price is reached. Bitcoin is very volatile, but when we implement a long-term strategy, you don't need to think about regarding the correction process and market sentiment due to FUD because holding is indeed waiting for the desired price increase to be achieved and bitcoin has also shown excellence in maintaining value, that's why bitcoin is considered very suitable for investment in the long term.

Quote from: wtsimis on July 15, 2023, 01:20:22 PM

They think it will act like a life insurance that can brighten the future. But there is no denying that holding Bitcoin can be a revolutionary way to gain freedom and potential returns.

There is a balance between holding and adding to the amount of bitcoin ownership we have. When we implement a long-term investment strategy, we automatically have to think about ways to increase ownership. This means that the more bitcoins we hold, the faster it will be for us to make big profits, the pattern for collecting is up to what is easier for us to use.

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Quote from: Mia Chloe on July 09, 2023, 01:26:52 PM

Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes

Everybody has different needs, I don't understand what the point of your research is. Some people prefer to buy and hold, others like to do trading, and some other people even live off bitcoin completely, so of course they will do way more transactions than others. And let's not forget that holding is not as easy as it sounds, when things go south many people panic and sell.

tjtonmoy

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Bitcoin hodling is like saving for the future. If there's a cause to save, then you wait till the cause is fulfilled. If not, you just save it for later use. Those who hodl Bitcoin, also treat it like this. As we all know, saving and spending money should be kept separately, Bitcoin in hodling and spending should also be kept separately.

If one Hodler is spending his Bitcoin, then it could be from some other wallet. And when you have a strong will, because in order to hodl you need a strong will, you will never spend that. Making multiple storages to keep Bitcoin for multiple usages is one way to not mess up and keep hodling without worrying. If you are following the rules and only investing what you can afford to lose, then this thought won't come to your mind.

For this reason alone, I don't think that those strong hodlers are using their savings/hodled Bitcoin. And if they are using it, then it's their own choice. Maybe it was for a reason and the reason is here so they are using it.

hannahB4

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Holding bitcoin for a long term takes discipline and determination to see the market pump and decides to wait till you get the chance to sell the coin. Holding Bitcoin is a choice with the number of years

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Quote from: Natalim on July 17, 2023, 03:53:14 PM

Quote from: Wapinter on July 16, 2023, 03:43:00 PM

BTC is not meant to be hold in wallets like gold. It is basically a currency and should be used for transactions and trades.
However increasing demand with limited supply has made it's price soar to sky and many people fear that they might not be able to lay their hand again on BTC if they spend it now.

Once all BTC are mined and all of them reached to bitcoin holders wallet, people will eventually start spending them directly instead of first converting them to fiat.

Because what is in our mind that stops us from using it is we are focused on movable values which is an opportunity for us to earn. And another reason is that people are not preferred using this as a currency because it was not accepted yet in their local area. So instead of considering is as a currency, they'd rather consider this as an investment. They buy and hold, and later on, when the bull season comes they sell them. They'll see that it was an investment opportunity in general, not as a currency like fiat money that we use every day.

Yes, this is the point of view of many people around me. They look at Bitcoin as an investment vehicle. They don't exchange and spend Bitcoin every day. They invest by waiting for certain times, and some make their investments for a short time and some for a long term.

Everyone has thoughts and expectations about Bitcoin. Many people who own bitcoins are afraid that if they sell their bitcoin, they will not be able to buy it again. That's why they don't sell. This is one of the reasons why Bitcoin has become valuable.

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Quote from: Wapinter on July 16, 2023, 03:43:00 PM

BTC is not meant to be hold in wallets like gold. It is basically a currency and should be used for transactions and trades.
However increasing demand with limited supply has made it's price soar to sky and many people fear that they might not be able to lay their hand again on BTC if they spend it now.

Once all BTC are mined and all of them reached to bitcoin holders wallet, people will eventually start spending them directly instead of first converting them to fiat.

Because what is in our mind that stops us from using it is we are focused on movable values which is an opportunity for us to earn. And another reason is that people are not preferred using this as a currency because it was not accepted yet in their local area. So instead of considering is as a currency, they'd rather consider this as an investment. They buy and hold, and later on, when the bull season comes they sell them. They'll see that it was an investment opportunity in general, not as a currency like fiat money that we use every day.

TheGreatPython

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Quote from: Fivestar4everMVP on July 13, 2023, 06:19:06 PM

It's all about personal decision my friend, holding bitcoin is very easy, I don't have to separate funds or bitcoin to different wallet to hold my bitcoin if I really want to hold, if I don't have any personal and important need for the money, I hold it, even In one wallet, I leave it there as an investment.

And on the other hand, just incase something important comes that requires I must sell some bitcoin to raise money to sort it out, i myself know what amount of bitcoin I've kept as an investment and whatever expenses I am doing, I make sure i never spend to the extent of entering my investment, lets say for example, my investment 1 bitcoin, and I have 1.5 bitcoin In my wallet, I know what ever transactions I am doing, it must be with that 0.5 bitcoin, the other 1 bitcoin will never be touched for obvious reasons.

Though what you say is right that one should have a clear count about how much of their assets they are willing to hold and they shouldn't spend that even if the wallet for their general expenses and holdings is the same, a lot of people tend to use separate wallets for both purposes so that they don't need to open and use the wallet they are using to hold their Bitcoins or other cryptocurrencies and they only open and make transactions with the other wallet.

But just because a lot of people do that it doesn't necessarily mean everyone should do the same thing, everyone has their personal preferences as you said, so some might have no issues keeping all their funds in one place while others might find it easy to separate their wallets for different purposes.

Awaklara

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Quote from: Wildwest on July 17, 2023, 08:46:25 AM

We always have big ambitions in the crypto world and this is indeed what we have felt during our time in the crypto space, so in this case we have to make two different assets, one to invest and another to make transactions if there is something we want to hold, by making it like that we have two choices and the most important thing we can hold Bitcoin because when there is an increase later we are wrong One person who can benefit, and this is the dream of all of us.

dividing our Bitcoins in two categories for investment and for trading is indeed a good move. the most important thing is don't mix it in one wallet because it can affect your psychology when you lose control in trading which makes you very sure of profit.
some people I know who are still active in trading are actually very brave to take risks by still putting their assets on the exchange. they said because of the needs and facilitate their trading activities. this is risky but it turns out that they only leave the assets for trading, while the assets for their investments remain in the wallet. although I believe trades sometimes affect our investment assets when we lose previous trades.

Wildwest

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We always have big ambitions in the crypto world and this is indeed what we have felt during our time in the crypto space, so in this case we have to make two different assets, one to invest and another to make transactions if there is something we want to hold, by making it like that we have two choices and the most important thing we can hold Bitcoin because when there is an increase later we are wrong One person who can benefit, and this is the dream of all of us.

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Quote from: GigaBit on July 17, 2023, 12:19:25 AM

Quote from: Rupok on July 14, 2023, 11:04:32 AM

Bitcoin hold is a great idea, people who don't hold bitcoin will understand at some point how important it is to hold bitcoin. Most of those who invest in cryptocurrencies hold Bitcoins, especially those who have a large amount of capital. But Bitcoin holdings are highest in bear markets. Also many people use many types of wallets to separate bitcoins in a safe place.But most of the forum accounts are not active all the time due to which it is impossible to find accurate information about other accounts. I think bitcoins always provide investors with profitable investment opportunities.

In order to hold Bitcoin, firstly an investor must have a good knowledge of Bitcoin and the importance of holding. When an investor is able to understand the importance of holdings before investing, he will try his best to increase his holdings. If a holder can buy and hold in a bear market and wait until the bull market, he can realize how holding play roll increasing their assets. I would agree with many that those who use two wallets i.e. one only for holding bitcoins and the other for its day-to-day operations will be able to hold bitcoins successfully.

But still, it requires patience no matter if you have knowledge, but when it comes to emotions and controlling them, if you have difficulties, then for sure, when the market is bearish, you tend to sell it off instead of buying it. But again, we always learn from our mistakes, so for sure, later on, we realize that. As long as we keep it on hold for a longer period of time and, like, forget it for a couple of years, we can really survive on those urges to sell it because mostly we tend to find always news on it, and when we see something bad, it is our instinct to sell it off immediately.

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Quote from: Oneandpure on July 16, 2023, 04:16:03 PM

Quote from: YUriy1991 on July 16, 2023, 02:20:07 PM

If there are several BTC in the main wallet create two options, First, create one trading account and one investment account. in daily, if you are familiar with trading market, activate it and do it, and if you already have a profit save it in USDT and when purchase if price is appropriate then you buy it back and save your profits to an investment account. Do it regularly and relax I'm sure little by little the estimated value of your assets will increase.

I like with this ideas for investing in Bitcoin, I don't have plan with long term holding exactly with bitcoin because short term investment looks profitable and consistent earn profit in daily day based on Bitcoin can up and down above few percent. Buy back Bitcoin when price drop and few hours later sell if bitcoin up to higher price and convert my fund to stable coins between USDT or BUSD. Its seems excited than long term holding although has chance with bigger profitable but some time Bitcoin possibility back to lower price and good chance to buy back. I don't forbid for long term holding but when bitcoin have good progress with up and down every day has chance to earn profit consistent in short time.

Few people are as skilled as you in taking advantage of short-term price fluctuations through trading. Adrenaline rushes are highly pleasurable and can become habit forming. Amazing things happen when things go your way.

However, its important to note that this approach is not for the faint of heart. The constant ups and downs of prices can give people the willies. Constantly having to think on your feet and make snap decisions can be exhausting.

For this reason, "HODLing" is the strategy most people choose. Its like tending a tree: it takes time and effort to see it flourish. Yes, short-term price fluctuations are less important, but long-term growth can be rather large.

But, do what you have do. Go for it if you are confident in your abilities and the risks involved.

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Quote from: Rupok on July 14, 2023, 11:04:32 AM

Bitcoin hold is a great idea, people who don't hold bitcoin will understand at some point how important it is to hold bitcoin. Most of those who invest in cryptocurrencies hold Bitcoins, especially those who have a large amount of capital. But Bitcoin holdings are highest in bear markets. Also many people use many types of wallets to separate bitcoins in a safe place.But most of the forum accounts are not active all the time due to which it is impossible to find accurate information about other accounts. I think bitcoins always provide investors with profitable investment opportunities.

In order to hold Bitcoin, firstly an investor must have a good knowledge of Bitcoin and the importance of holding. When an investor is able to understand the importance of holdings before investing, he will try his best to increase his holdings. If a holder can buy and hold in a bear market and wait until the bull market, he can realize how holding play roll increasing their assets. I would agree with many that those who use two wallets i.e. one only for holding bitcoins and the other for its day-to-day operations will be able to hold bitcoins successfully.

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Quote from: YUriy1991 on July 16, 2023, 02:20:07 PM

If there are several BTC in the main wallet create two options, First, create one trading account and one investment account. in daily, if you are familiar with trading market, activate it and do it, and if you already have a profit save it in USDT and when purchase if price is appropriate then you buy it back and save your profits to an investment account. Do it regularly and relax I'm sure little by little the estimated value of your assets will increase.

If there is a large amount of BTC to invest, trading should be done with a fraction of the total BTC. In case you can carry out trading activities every day by separating a part of your total BTC with that part, you can transfer the profit that will be made every day to another wallet. For example, if you trade with 1000 dollars every day, you have earned 10 dollars. You can transfer 10 dollars from 1000 dollars and transfer it from the main account to the funding account or any other account. If you manage your work in this way, it will be seen that on the one hand your BTC will be held and you will get some benefit every day by trading regularly with a part of that held BTC.

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Quote from: Mia Chloe on July 09, 2023, 01:26:52 PM

Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes

but you didn't know what are those transactions is all about , maybe they are just selling for other altcoins so they might get more capital to buy bitcoin once the bull comes because we already knew that altcoins are the fast moving coins so indeed that they are moving towards other options.
like many of us are letting their coins moving but this does not mean they abandoned bitcoin but indeed that what you said is true that they are not totally holding for a certain time but instead making it buying and selling for their sole purpose .
but don't worry mate as long as they are buying bitcoin again there is no really an issue.

Quote from: wtsimis on July 15, 2023, 01:20:22 PM

Bitcoin holding is the strategy of holding on to one's Bitcoin investment for the long term despite market ups and downs and short term price movements. One can never hold unless one is extremely patient and expects more gains. A holder must firmly believe that Bitcoin will become a valuable digital asset in the future. Bitcoin holders do not care about little loss or profit after investment. They think it will act like a life insurance that can brighten the future. But there is no denying that holding Bitcoin can be a revolutionary way to gain freedom and potential returns.

but there are more opportunities now like buying and selling than just holding that is why many people trying to move their bitcoin in and out.

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Quote from: YUriy1991 on July 16, 2023, 02:20:07 PM

If there are several BTC in the main wallet create two options, First, create one trading account and one investment account. in daily, if you are familiar with trading market, activate it and do it, and if you already have a profit save it in USDT and when purchase if price is appropriate then you buy it back and save your profits to an investment account. Do it regularly and relax I'm sure little by little the estimated value of your assets will increase.

I like with this ideas for investing in Bitcoin, I don't have plan with long term holding exactly with bitcoin because short term investment looks profitable and consistent earn profit in daily day based on Bitcoin can up and down above few percent. Buy back Bitcoin when price drop and few hours later sell if bitcoin up to higher price and convert my fund to stable coins between USDT or BUSD. Its seems excited than long term holding although has chance with bigger profitable but some time Bitcoin possibility back to lower price and good chance to buy back. I don't forbid for long term holding but when bitcoin have good progress with up and down every day has chance to earn profit consistent in short time.

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Quote from: Mia Chloe on July 09, 2023, 01:26:52 PM

Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes

BTC is not meant to be hold in wallets like gold. It is basically a currency and should be used for transactions and trades.
However increasing demand with limited supply has made it's price soar to sky and many people fear that they might not be able to lay their hand again on BTC if they spend it now.

Once all BTC are mined and all of them reached to bitcoin holders wallet, people will eventually start spending them directly instead of first converting them to fiat.

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If there are several BTC in the main wallet create two options, First, create one trading account and one investment account. in daily, if you are familiar with trading market, activate it and do it, and if you already have a profit save it in USDT and when purchase if price is appropriate then you buy it back and save your profits to an investment account. Do it regularly and relax I'm sure little by little the estimated value of your assets will increase.

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Quote from: MiF on July 16, 2023, 09:01:27 AM

Quote from: Mia Chloe on July 09, 2023, 01:26:52 PM

Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes

This is why i always say that the bitcoin holdings is also depend on your status in life it is simply because those who have a financial freedom can surely hokd btc for a long term because they have a lot of money to use on thier daily expenses, while the poor or the people who are in the middle status always convert thier bitcoin holdings in time that is badly needed because they have limited budget for thier expenses, i am one of those who dont have a budget that is why i sell btc in year 2017 without any hesitation because i need funds to survive. Most of the hokder are rich people or investors around the globe that is the reality only few percent of the investors is poor.

Absolutely. But things just have to be managed. Ofcourse it would be an advantage to have a financial freedom but those who do not have such privilege but are willing to make things possible may save money specifically for investment perhaps $20 per week or just any amount you can afford putting aside. Problem is how people see investments. Many people think that investments should be big but in reality, any investment amount would matter simply because you made it possible to invest and that is already a huge thing to become and to have. That will jist be the first step but the biggest one you would be having as an investor.

Topic: Hodling Bitcoin - page 2. (Read 918 times)