Because in 2025 the value of Bitcoin will exceed 100k. So you continue holding long term in Bitcoin.
How are you so sure about that, do not give yourself and others investment advice about BTC in this way, this is only your prediction or speculation, but you sound like you are so sure of it happening. The halving will happen before 2025 and BTC supply will be reduced, and from the previous cycles the price of BTC should go up, but nobody can say they are sure of what is going to happen, that's why you should use dca to buy and don't buy more than what you can afford to lose.
Topic: Hodling Bitcoin - page 6. (Read 993 times)
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
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
Personally, I believe people most of the time, have Bitcoin for holding and also a few stash for transactions. The thing there is that moving Bitcoin round all the time from your holding wallet is really not a wise choice for me, especially when the holding wallet is a cold wallet. Best bet is to hold some in exchanges or dex wallets for day-to-day spending, then long term holds should be kept safe in a cold wallet.
Because in 2025 the value of Bitcoin will exceed 100k. So you continue holding long term in Bitcoin.
How are you so sure about that, do not give yourself and others investment advice about BTC in this way, this is only your prediction or speculation, but you sound like you are so sure of it happening. The halving will happen before 2025 and BTC supply will be reduced, and from the previous cycles the price of BTC should go up, but nobody can say they are sure of what is going to happen, that's why you should use dca to buy and don't buy more than what you can afford to lose.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.
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.
I couldn't find a thread for beginners, so I'll ask here with your permission. What advice would you give to a beginner who wants to be knowledgeable about cryptocurrencies? Where to start?
Don't believe in the future of bitcoin? Aren't you optimistic that the upcoming halving won't boost the bitcoin price and create new ATHs?
The future of BTC is not all about the price, though i know that as the network grows the price will also keep on increasing. What i certainly believe is that BTC will always be a decentralized and censorship resistant currency that functions without any central authority being in control. While i am optimistic about the halving and i think we'll see a new ATH months after it, i am not sure of what will happen, so people should buy with dca and not what they can't afford to lose.I am so much confused with your explanation but all I can say is you don't have to buy Bitcoin if the amount of money you want to use it very small, first of all you are to gather enough money so that you will spend very less on transaction fee.
for an example, some newbies will read about people telling them to accumulate bitcoin little by little but by the time they started buying bitcoin with just $20 and they use like $4 par transaction they will end up spending a lot of money for transaction fee alone
Trading fees are fixed on exchanges, but transaction fees are not fixed for on-chain transactions, and if you are the buyer in an on-chain transaction without using an exchange, you do not pay for any transaction fee, it is the seller that pays for transaction fees. So if someone wants to buy smaller amounts of BTC regularly, it would work if they have a seller who wants to sell directly through in person trade, without any exchange at all. But the funds have to at least be bigger than $20, no seller would want to pay tx fees for that small amount, $50 and above is much better. for an example, some newbies will read about people telling them to accumulate bitcoin little by little but by the time they started buying bitcoin with just $20 and they use like $4 par transaction they will end up spending a lot of money for transaction fee alone
hero member
Activity: 1498
Merit: 802
Leading Crypto Sports Betting & Casino Platform
Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.
Not everyone saves bitcoins in one wallet and vice versa with you, I also don't know how you open research on forums about transactions. If your country has not yet fully accepted bitcoin then the function of bitcoin is only for investment and may also apply to online purchases that accept payments using bitcoin. So to maximize this, you can share several wallets for bitcoin storage and one for transactions that are needed.My experience that there is one wallet for long term storage and I usually never use it until my desired price target is reached. We know that bitcoin is far more profitable if the long-term hold concept is applied, therefore choosing a safe wallet is also very important to keep the bitcoins that we have safe.
Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.
For me having two different wallets is important, the wallets I use for holding and transacting are different. I don't want the wallet that I use to hold bitcoins to be known by many people. It's about privacy and security. I think a special wallet that is used to hold bitcoin should use a hardware wallet, such as trezor so that security is guaranteed
So if you look at the wallet addresses of members who took part in the signature campaign, chances are that the wallet was used for transactions, because they certainly don't want the contents of their wallet to be easily seen by other people. Especially if you use an electrum wallet, there are many addresses available in the wallet so you can change addresses when registering a signature campaign. But I'm sure what they do is for security and privacy. And I think something like that needs to be done because a lot of people can see it
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
I am so much confused with your explanation but all I can say is you don't have to buy Bitcoin if the amount of money you want to use it very small, first of all you are to gather enough money so that you will spend very less on transaction fee.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
for an example, some newbies will read about people telling them to accumulate bitcoin little by little but by the time they started buying bitcoin with just $20 and they use like $4 par transaction they will end up spending a lot of money for transaction fee alone
But if they can keep the $20 up to like $150 or $200 then they will be able to save enough for transaction fee because if you go to any exchange and trying to buy bitcoin worth of $150 to $200 you are only going to spend a one time fee for the transaction when you try to withdraw from the exchange and that is it, until you're ready to buy bitcoin with another or $150 or $200 again before I can spend on transaction fee again.
Because in 2025 the value of Bitcoin will exceed 100k. So you continue holding long term in Bitcoin.
How are you so sure about that, do not give yourself and others investment advice about BTC in this way, this is only your prediction or speculation, but you sound like you are so sure of it happening. The halving will happen before 2025 and BTC supply will be reduced, and from the previous cycles the price of BTC should go up, but nobody can say they are sure of what is going to happen, that's why you should use dca to buy and don't buy more than what you can afford to lose.This is not just his own prediction and speculation but that of most of bitcoin investors. It is true that there is no guarantee that it will happen since it is the future, but there is nothing wrong with making such predictions. Because based on the past, we have every right to hope for that, and as bitcoin investors, we have every right to be optimistic about the future of bitcoin. Don't believe in the future of bitcoin? Aren't you optimistic that the upcoming halving won't boost the bitcoin price and create new ATHs?
Because in 2025 the value of Bitcoin will exceed 100k. So you continue holding long term in Bitcoin.
How are you so sure about that, do not give yourself and others investment advice about BTC in this way, this is only your prediction or speculation, but you sound like you are so sure of it happening. The halving will happen before 2025 and BTC supply will be reduced, and from the previous cycles the price of BTC should go up, but nobody can say they are sure of what is going to happen, that's why you should use dca to buy and don't buy more than what you can afford to lose. 
Many members of this forum trade a lot of bitcoins for their needs but outside of their trading they keep a lot of bitcoins on hold just to wait for something good in the future. No member would normally want to sell their BTC at the moment unless necessary because BTC is likely to be worth a hundred thousand dollars in the future. Everyone wants to hold some amount of btc from their positions for a long time as there are good prospects in the future. I myself am trying to hold bitcoin long term. As I don't have much financial pressure at the moment, I hope to be able to easily hold my investments for a long time.
Show me the proof if most of users in this forum are often to spend their Bitcoin than holding, if you can't and just cherry pick few of the example, it's just your assumption.
If people can join in this forum, regardless of the purpose, they want to make money through signature campaign, bounty or service, they must be interested in Bitcoin and hold Bitcoin even though it's just some % of their total wealth.
If people can join in this forum, regardless of the purpose, they want to make money through signature campaign, bounty or service, they must be interested in Bitcoin and hold Bitcoin even though it's just some % of their total wealth.
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
I would like to say that It is clearly impossible for you to go through all the individual addresses of forum members, you probably went through a handful of members address and jumped into conclusion. If during your findings, you discovered massive in and out Bitcoin transactions amongst members address is still not enough reason to conclude that forum members are not long term hodlers. You failed to have it at the back of your mind that some persons might have more than one Bitcoin address, one for signature campaign on bitcointalk and the other for long term hodl. 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
There ain't a problem if people are using their bitcoins for transfers or trades because it supposed to be traded and used in every way that it can be. It adds value to its own economy and that's why there's nothing wrong if someone uses it for their own needs and purposes and for those that have been holding it that includes me, we also want to keep it as an investment because we're seeing the future of it. As a volatile asset, you are free to choose to keep your bitcoin or use a bit of it on any transactions that you want to do. The experienced holders will hold it no matter what trouble comes to the market because we've been used to it but that doesn't mean we won't use it with its main purpose. At last, we're the ones to decide whether to hold or sell it.
No holding no success. If you do long term holding then you will surely achieve big success. If you start long-term holding in Bitcoin right now, you will be able to achieve the biggest success of your life. Because long term holding gives us a lot of profit potential. If you start holding Bitcoin now, you will get 3× times more returns in 2025. Because in 2025 the value of Bitcoin will exceed 100k. So you continue holding long term in Bitcoin.
(....)
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
For me, setting goals will help you how to increase your holdings. So, let's say if you intend to hold some Bitcoins for the long term, what you can do is motivate your self. Set some price level where you will buy Bitcoin and to avoid using your Bitcoin, store your Bitcoin somewhere where you can't easily use it, for example, hardware wallet.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
AVOID it to store on exchanges because for sure, it's tempting to use especially when you are trading.
Well, you have a point, but you can't do about it, it's their bitcoin after all. They have their own reasons to use bitcoin anything they want. Also, the same things in holding. But most people here actually use bitcoin to buy things because what could be the other reasons of having bitcoin other than holding, of course to buy things you wants.
Those who have small/huge bitcoin holding are the ones with good and enough reserve money for them, while the others are maybe enough for them to convert it on fiat or just really want to buy for their selves.
Those who have small/huge bitcoin holding are the ones with good and enough reserve money for them, while the others are maybe enough for them to convert it on fiat or just really want to buy for their selves.
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
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
Not everyone has a stable income to hold bitcoin for a long time, so holding bitcoin depends on each person's economy. Whether holding or trading your bitcoins, it's all about adding value and serving life, so there's nothing wrong with that.
If you really hold bitcoin and don't want to spend it, plan clearly and stick to it, you don't need to use 2 wallets like others suggest. Because if you are not consistent and don't take a stance in your plan, you will never hold bitcoin for long no matter where you keep it, you will still use it if you don't stick to your plan.
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
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
Well, you can't really just say that they do a lot of transactions and just because it's public you can say that they are not holding.
They can used bitcoin mixer to hide their transactions from you. Maybe they have a different set of wallets not exposed in this community, hence it's very private and that's the wallet they put their bitcoin holdings.
Remember that it is just an address, there's no name attached to it so you really don't have any idea who that person it in terms of partaking here, for example bitcoin paying campaign. They might be withdrawing their bitcoin and put it on another address and that breaks the connection itself.
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
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
Even if your research was thorough, I doubt you were able to discern its true impact. As some users have noted, many of us engaging in signature campaigns may not have a single wallet, may have as many as possible for different purposes,so i think that is the case, I don't think you know whether we are spending our bitcoin or keeping it in another wallet because I believe your research did not go further deeply to see where our transactions end. I'm not sure why you chose to even conduct this research because, as you stated, owning Bitcoin is a personal decision.
Almost everyone in signature campaigns, if I may say, is aware of the value of holding Bitcoin for long periods of time, so if they decided to spend their bitcoin, I feel they have reasons of doing so.infact Bitcoin was created as an alternative to traditional money, so bitcoin was actually designed to be used for transactions rather than just storage.
Jump to: