Hodling Bitcoin - page 3. | Bitcointalksearch.org

MiF

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Quote from: Mia Chloe on July 09, 2023, 12:26:52 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.

Popkon6

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@OP If you want to hold bitcoins you must split your wallet into two.
First you can use an electron or hardware to store bitcoins for a long time. And Zuma can't get thousands out of bitcoins in a pinch. And save the wallet's private key on a piece of paper and keep it safe.
Second, keep bitcoins in your wallet for some expenses or trade with your bitcoins to earn more. However, Bitcoin price currently has upward momentum. So you can achieve success by trading and a way to earn more bitcoins.

Store 40%-45% of your total earning assets monthly in first wallet as long term. Then you can save resources like this and move forward.

mitchr4

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Quote from: Vinaa77 on July 14, 2023, 09:35:47 AM

Anticipating now that most people use to avoid loss or some kind of fraud they choose to segregate their assets to a safer place, especially Bitcoin, they are totally more inclined to prefer hardware wallets for their security, and we think this will improve holding of them.

Hardware wallets are actually better and more secure to store Bitcoins, which will protect from being hacked. But to use we have to spend money to buy the device. Honestly, I prefer using an online wallet due to more frequent use because only use a smartphone, it's just that we have to use it somewhere safe.

GideonGono

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Quote from: Z-tight on July 09, 2023, 12:36:58 PM

Separate your funds into two wallets.

Cold storage for holding BTC's that you don't want to spend anytime soon, this wallet should either be a hardware wallet or an Electrum wallet on an air-gapped device.

Hot wallet for holding BTC's for spending, funds in this wallet should be at least < or = $100, funds in this wallet would be for spending or for daily expenses. Dca is a great way to accumulate BTC's in your cold storage and whenever funds in your hot wallet goes down, you can 'refill' it for spending. This will help you to get the optimal balance between spending and holding.

Yes this is the most effective way for me to hold my crypto,
I would use my online wallet (Trading platforms, exchange or any type of online wallet) for those crypto that I would be using for transactions such as trading to earn more and crypto that I could easily liquidate.
I would then send of some portion of my earnings to my hardware wallet (Crypto or non-crypto earnings) to secure it and hold it for as long as I want or until the price or date that I've set has been met.

omgitsmehehe

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Quote from: usekevin on July 14, 2023, 05:25:12 PM

Bitcoin price change had give many people a good profit today.Because the price of bitcoin had raised the new ATH today with the value of 31,800 dollars.My friends had sell their long holding bitcoin today and get some decent profit today.This good pump only happen in bitcoin as compared to other coins.If you had a full bitcoin,it’s enough to earn good profit in each and every new ATH.The price of bitcoin also reflected in many of the Altcoin today.So most of the altcoin price purely based on the bitcoin.

Bitcoin fluctuates with time, I've master the volatility fill of bitcoin and I'm in a hurry to invest in it, rather I would take good entries on bitcoins whenever I see an opportunity. Altcoins are different from bitcoin, we just have to stick to what works for us. Bitcoin will pump in the nearest future, we just have to hold on to the coin in its present date. Bitcoin will shoot to the moon, we just have to exercise patience, although it keeps retesting back to its ATH in last fee months, I guessed it's just a glitch to entrapped investors who are keen to buy bitcoin.

wtsimis

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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.

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Quote from: Blitzboy on July 15, 2023, 01:28:38 AM

Quote from: Bitcoin_people on July 14, 2023, 09:02:21 PM

Quote from: worle1bm on July 14, 2023, 02:04:29 AM

It's absolutely fine to spend your coins if you are interested in buying stuff with it because that way it will help to spread the adoption at mass level apart from just holding.I know we see it as investment asset but we should not eliminate the base cause of its creation which was to make transaction.You can hold and spend at the same time if you wish to do so.

Basically if we buy things with Bitcoin it is only transacted for convenience. However, most investors hold their bitcoins for long periods of time as they are not ready to spend their bitcoins at all. Of course Bitcoin is a good asset to invest in which reflects the fact that people are mostly loyal to Bitcoin. And what's really interesting about all the transactions completed by Bitcoin is that Bitcoin was created to be transacted. If an investor holds on to his bitcoins, he will be able to make good trades in the future. Bitcoin holders always think positively they keep Bitcoins in a trusted wallet for the future. And there are some investors who keep their bitcoins stored in a specific wallet so that they don't have any problems in the future when it comes to transactions.

Bitcoin's main use has changed. Its now digital gold, an investment. Being part of something groundbreaking is awe-inspiring. The transaction? Thats hard. Transaction fees and confirmation delays can make you envious of speedier cryptos.

We still defend Bitcoin. 'Store of value' works. Its pessimistic to assume Bitcoin will never be "peer-to-peer electronic cash" as stated in the white paper, but its the truth.

Here's a fact: Bitcoin might rise dramatically. Long-term hodling requires a reliable wallet. Keep Bitcoin and join the revolution!

Bitcoin is being used not for the original purpose for which it was created, but the benefits it brings have far exceeded its original purpose. It not only brings privacy to many people but also changes the lives of many people by holding it. So even though it's not used as a payment method, it's still something groundbreaking.

I agree many people are still trying to popularize bitcoin as a currency, but clearly most of us are making it an investment asset. I prefer bitcoin as an investment than as a currency because as I said, when bitcoin is an investment, it gives us more benefits.

Blitzboy

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Quote from: Bitcoin_people on July 14, 2023, 09:02:21 PM

Quote from: worle1bm on July 14, 2023, 02:04:29 AM

It's absolutely fine to spend your coins if you are interested in buying stuff with it because that way it will help to spread the adoption at mass level apart from just holding.I know we see it as investment asset but we should not eliminate the base cause of its creation which was to make transaction.You can hold and spend at the same time if you wish to do so.

Basically if we buy things with Bitcoin it is only transacted for convenience. However, most investors hold their bitcoins for long periods of time as they are not ready to spend their bitcoins at all. Of course Bitcoin is a good asset to invest in which reflects the fact that people are mostly loyal to Bitcoin. And what's really interesting about all the transactions completed by Bitcoin is that Bitcoin was created to be transacted. If an investor holds on to his bitcoins, he will be able to make good trades in the future. Bitcoin holders always think positively they keep Bitcoins in a trusted wallet for the future. And there are some investors who keep their bitcoins stored in a specific wallet so that they don't have any problems in the future when it comes to transactions.

Bitcoin's main use has changed. Its now digital gold, an investment. Being part of something groundbreaking is awe-inspiring. The transaction? Thats hard. Transaction fees and confirmation delays can make you envious of speedier cryptos.

We still defend Bitcoin. 'Store of value' works. Its pessimistic to assume Bitcoin will never be "peer-to-peer electronic cash" as stated in the white paper, but its the truth.

Here's a fact: Bitcoin might rise dramatically. Long-term hodling requires a reliable wallet. Keep Bitcoin and join the revolution!

awik p

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Quote from: Bitcoin_people on July 14, 2023, 09:02:21 PM

Quote from: worle1bm on July 14, 2023, 02:04:29 AM

It's absolutely fine to spend your coins if you are interested in buying stuff with it because that way it will help to spread the adoption at mass level apart from just holding.I know we see it as investment asset but we should not eliminate the base cause of its creation which was to make transaction.You can hold and spend at the same time if you wish to do so.

Basically if we buy things with Bitcoin it is only transacted for convenience. However, most investors hold their bitcoins for long periods of time as they are not ready to spend their bitcoins at all. Of course Bitcoin is a good asset to invest in which reflects the fact that people are mostly loyal to Bitcoin. And what's really interesting about all the transactions completed by Bitcoin is that Bitcoin was created to be transacted. If an investor holds on to his bitcoins, he will be able to make good trades in the future. Bitcoin holders always think positively they keep Bitcoins in a trusted wallet for the future. And there are some investors who keep their bitcoins stored in a specific wallet so that they don't have any problems in the future when it comes to transactions.

for those who have cold money and are preparing for the needs of their children in the future, and currently their children are still small, holding bitcoin in the long term is a wise choice, that way when a child, for example, enters university and we have retired, then from this bitcoin investment you can meet these needs. moreover, we still hope for wider adoption of bitcoin, so the opportunity for the price to rise is still wide open. On the other hand, we really have to secure our wallets from thieves, and many steps can be prepared for that

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Quote from: worle1bm on July 14, 2023, 02:04:29 AM

It's absolutely fine to spend your coins if you are interested in buying stuff with it because that way it will help to spread the adoption at mass level apart from just holding.I know we see it as investment asset but we should not eliminate the base cause of its creation which was to make transaction.You can hold and spend at the same time if you wish to do so.

Basically if we buy things with Bitcoin it is only transacted for convenience. However, most investors hold their bitcoins for long periods of time as they are not ready to spend their bitcoins at all. Of course Bitcoin is a good asset to invest in which reflects the fact that people are mostly loyal to Bitcoin. And what's really interesting about all the transactions completed by Bitcoin is that Bitcoin was created to be transacted. If an investor holds on to his bitcoins, he will be able to make good trades in the future. Bitcoin holders always think positively they keep Bitcoins in a trusted wallet for the future. And there are some investors who keep their bitcoins stored in a specific wallet so that they don't have any problems in the future when it comes to transactions.

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Quote from: RewFrew on July 14, 2023, 02:55:00 PM

Bitcoin is best coin for investment. So investors first choose is bitcoin. So thousands people are buying and holding bitcoin. I am in this market since 2014. I have some exprience. I am also holding some Bitcoin since 2015. I am holding bitcon and i made huge profit from Bitcoin. And future Bull run bitcoin price will hit $70k-$100k. Then my profit will be more and more. So i think bitcoin holding is best. If anyone want to invest on crypto you can invest on bitcoin and hold it for good profit. If anyone invest now he will be huge profited form bitcoin i think. Overall Bitcoin invest is best and also Bitcoin holdin is best.

Bitcoin is one of the most valuable cryptocurrency in the market because of many reasons. All altcoins are been affected by Bitcoin whether we admit to that or not. It is always good for us to some Bitcoin fractions in our portfolio so when the market start going bullish, we can be proud that we have some quantities to hold that will give us some amount of profits. By next year, I expect Bitcoin to be in a bull run just like everyone had been waiting for that time when we can ride the market and earn from it at the same time. As we are holding and accumulating altcoins, it is of an importance for us to hold Bitcoin too since it is the number coin in the market.

usekevin

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Bitcoin price change had give many people a good profit today.Because the price of bitcoin had raised the new ATH today with the value of 31,800 dollars.My friends had sell their long holding bitcoin today and get some decent profit today.This good pump only happen in bitcoin as compared to other coins.If you had a full bitcoin,it’s enough to earn good profit in each and every new ATH.The price of bitcoin also reflected in many of the Altcoin today.So most of the altcoin price purely based on the bitcoin.

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Quote from: Mia Chloe on July 09, 2023, 12:26:52 PM

...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

One of the desires for holding Bitcoin is because we want to keep our assets for a certain period of time with a certain target price so that we will feel strong enough to hold on for that time. And a holder will usually be resistant to always holding their Bitcoin within that time period and increasing their accumulated holding as much as possible. Because they already have the mind to achieve certain targets. And I'm not sure if with such a strong will and plans, they will use it for certain transactions, especially if it's not something very urgent and emergency

Yamifoud

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Quote from: Mia Chloe on July 09, 2023, 12:26:52 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

We can't determine if that person owns a single wallet or more because some holders have their main wallet known to the forum but they also transferred their BTC to their storage wallet. Maybe for some are true like a trader, they don't hold their BTC too long. If you can see their wallet that has a huge number of transactions it means that the owner of this is not a holder but kinda be doing some business and for sure there is a separate wallet for holding.

Anyways, it was to note that not all are holders, so not to wonder why some wallets are empty while others are filled a lot.

MinoRaiola

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This year shows how important it is to hodln Bitcoin. +90% increase and that with all the negative news in the media. Comparing the price with 2022 it doesnt look so good, but Bitcoin always comes back, look a few more years back. There are a few more assets you should hodln, but always bitcoin. Trust the blockchain and Bitcoin.

KingsDen

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There are two things to put into consideration when talking about bitcoin hodling;

Having what it takes to hodl

This simply means how buoyant one is. Someone who struggles to pay day to day bill cannot afford to hold bitcoin for long. You cannot be holding bitcoin and not feed well with your family or leave a comfortable lifestyle. You must sell your bitcoin and take care of yourself.

Being able to hold

You might have all it takes to hold buy you are still not able to hols. Many things may cause this which may include;
Fear of price volatility (uncertainty and doubt).
Another aspect is people investing more than they could. This will make the person to be so much dependent on the bitcoin in investment because what is at hand isn't sufficient.

RewFrew

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Bitcoin is best coin for investment. So investors first choose is bitcoin. So thousands people are buying and holding bitcoin. I am in this market since 2014. I have some exprience. I am also holding some Bitcoin since 2015. I am holding bitcon and i made huge profit from Bitcoin. And future Bull run bitcoin price will hit $70k-$100k. Then my profit will be more and more. So i think bitcoin holding is best. If anyone want to invest on crypto you can invest on bitcoin and hold it for good profit. If anyone invest now he will be huge profited form bitcoin i think. Overall Bitcoin invest is best and also Bitcoin holdin is best.

Dr.Bitcoin_Strange

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Well, for someone who is an investor in Bitcoin, they should always have another backup asset (an investment) to sustain their needs so that they don't have to lay hands on spending their Bitcoin. Whoever has other means of investment will hardly wish to spend their Bitcoin. So, the only way to keep holding your Bitcoin is not to be dependent on it as your only source of hope in case of emergencies, unless that's just the purpose of your investing in Bitcoin. For example, I have seen someone who decided to buy Bitcoin not because he wanted to hold it for a long time but because he said if he held fiat cash he was going to quickly spend it, so he decided to use the fiat to invest in Bitcoin with the thought that it's only when he has very pressing needs that he will sell the Bitcoin.

Also, for most users here that are also earning Bitcoin from signature payments, if one really wishes to hold the coin, the best decision is to get another job that is fetching you a sustainable income so that anytime you receive payment, you don't have to spend it.

Cheers 🥂, Dr.Bitcoin_Strange 👺👺

Rupok

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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.

Vinaa77

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Anticipating now that most people use to avoid loss or some kind of fraud they choose to segregate their assets to a safer place, especially Bitcoin, they are totally more inclined to prefer hardware wallets for their security, and we think this will improve holding of them.

Topic: Hodling Bitcoin - page 3. (Read 993 times)