I think holding is a great idea. I've got a wallet paper wallet put up that I won't touch until after the halving in 2020 that i've been sending coins to for a while. Hopefully it will be worth it in the long run
That's a perfect plan. In my opinion you'll be profited much, it's good if you have an additional wallet to hold a very little amount for your emergency requirement. So that even if such situation prevails to can manage and doesn't need to withdraw from the wallet that you are using to hold the bitcoins till the next halving. 
Topic: HODLING IS GOOD - page 2. (Read 1925 times)
I think holding is a great idea. I've got a wallet paper wallet put up that I won't touch until after the halving in 2020 that i've been sending coins to for a while. Hopefully it will be worth it in the long run
I know lot of people must be selling seeing such high price but i believe this is just the beginning.Bitcoin will still go up as always once many other countries like japan officially legalize it.I am motivated and will hold bitcoin for long time.
I already tripled my bitcoin [usd equivalent] that i bought a year ago by just HOLDING.
What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?
It takes too much time if we are waiting for more years to save bitcoin if you dont sell bitcoin right now you are wasting the opportunity to make profit this day since the price right now are really high .. and i think sooner the price of bitcoin will crash back soon so if you want to make profit right now better to sell and wait for the price crash to buy more bitcoins again and wait for days to sell them again once the price is increase again back.. I already tripled my bitcoin [usd equivalent] that i bought a year ago by just HOLDING.
What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?
The only problem with holding coins is that you might be hindering Bitcoin adoption by doing so.
I wonder why holding Bitcoin hinders the coin adoption? We all know it is not the actual coins that is needed for Bitcoin adoption, people should learn it first, and by that advertisement and promotion plays the biggest part in this. Besides there are still coins that are mined and miners are willing to part with some of their mined coins to cover their expenses. I guess holding is not an issue here.
When people won't use their coins to buy goods or services then how businesses will know that bitcoin is popular and embrace it?
There are lots of strategy so that merchants can make people part with their bitcoins. By offering discounts and sales promotion, people will be tempted to use their BTC to avail for those promotion. This will certainly show that bitcoin is popular and should be valued since many people are willing to spend more just to have it.
If this situation continue then in the future everyone will be owning BTC but nobody will be using it.
It would be a rare case where bitcoin won't be spent. And it is an absolute non-sense that nobody will use Bitcoin. Bitcoin is currency, and a good store of value, when time come that the saturation level of adoption is met, people will then realize that the price of bitcoin had reached its limit and will sell their coins to get profit. So definitely, someone have to use it for either personal gain or emergency scenario.
The only problem with holding coins is that you might be hindering Bitcoin adoption by doing so.
What a nonsense. People holding their coins play a very important role as they greatly contribute towards the current price. People holding means that their coins are off the market, and thus there are less tradable coins available on exchanges. In current times, it results in the price to go up as the demand increases, where the availability of coins is decreasing as more people are willing to hold their coins. See anyone complaining about current price?When people won't use their coins to buy goods or services then how businesses will know that bitcoin is popular and embrace it?
Merchants don't embrace Bitcoin. They embrace third party payment processors that do everything for them.If this situation continue then in the future everyone will be owning BTC but nobody will be using it.
Again, more people holding results in a higher eventual price. Just to note, regardless of the price, people will continue to use Bitcoin. Usage is more than only people spending their coins in online stores...
Yes, hodling is good. Always has been and at present time still is. I have no knack for the trading game. I think I would make more playing poker than I ever would at trading, having to guess at the highs and lows.
The ceiling for bitcoin is still very high as far as I can see. Buy, Hodl, Win.
The ceiling for bitcoin is still very high as far as I can see. Buy, Hodl, Win.
1 BTC is 100 000 000 satoshis.
enough for all people of earth.
Early adopter spend regulary, it's not a problem ...
enough for all people of earth.
Early adopter spend regulary, it's not a problem ...
The only problem with holding coins is that you might be hindering Bitcoin adoption by doing so.
When people won't use their coins to buy goods or services then how businesses will know that bitcoin is popular and embrace it?
If this situation continue then in the future everyone will be owning BTC but nobody will be using it.
When people won't use their coins to buy goods or services then how businesses will know that bitcoin is popular and embrace it?
If this situation continue then in the future everyone will be owning BTC but nobody will be using it.
Holding at this moment may be the wisest thing to do.
I have both altcoins and bitcoin and at this moment I know my best strategy is to be happy that the price is going up. Eventually the alt's will follow
I have both altcoins and bitcoin and at this moment I know my best strategy is to be happy that the price is going up. Eventually the alt's will follow
I know lot of people must be selling seeing such high price but i believe this is just the beginning.Bitcoin will still go up as always once many other countries like japan officially legalize it.I am motivated and will hold bitcoin for long time.
I already tripled my bitcoin [usd equivalent] that i bought a year ago by just HOLDING.
What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?
I already tripled my bitcoin [usd equivalent] that i bought a year ago by just HOLDING.
What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?
Seeing the development and adoption of Bitcoin, i can say holding is best option for now. There are an upcoming smart contract, a possible reverse decision about ETF, Japan creating a massive demand through adoption of Bitcoin, Russia accepting Bitcoin by 2018, West Virginia thinking of considering Bitcoin as money, and if ever scalability issue is fixed, what else would you expect? Selling bitcoin now would be selling it at a lost if we look at this scenario in the future. so holding for another 5 or 10 years would be best for me.
I haven't been doing anything other than hodling. I am not really fixed on targets as I want to keep hodling and doing some trading to gain some extra coins on the way up.
I am lucky that I have a decent paying job, which means that for me there is no real need to convert any of my coins to fiat. If it stays like this, then I will keep hodling for many more years.
Why would I convert something so precious to something so not precious as fiat? If you think logically, it makes absolutely no sense.
I am lucky that I have a decent paying job, which means that for me there is no real need to convert any of my coins to fiat. If it stays like this, then I will keep hodling for many more years.
Why would I convert something so precious to something so not precious as fiat? If you think logically, it makes absolutely no sense.
I know lot of people must be selling seeing such high price but i believe this is just the beginning.Bitcoin will still go up as always once many other countries like japan officially legalize it.I am motivated and will hold bitcoin for long time.
I already tripled my bitcoin [usd equivalent] that i bought a year ago by just HOLDING.
What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?
I'm holding and will be holding for couple more years, say maybe 5-6 years. will start selling/use at price $5000+, i won't sell all my holding though only like 60%. rest probably hold for forever/sell at $1m a coin. I already tripled my bitcoin [usd equivalent] that i bought a year ago by just HOLDING.
What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?
i can see the merits of both sides. the thing is most traders get too attached to one direction and end up throwing it all away. you need to know when the tide is turning against you.
I trade bitcoin as well as hold. I bought some Ethereum a year ago, and made some profits.
The current bitcoin price really gets high very quickly, it is likely that this will continue. Well, nowadays so many people have known bitcoin and used it. I think holding back the bitcoin we have is something that needs to be done to get big profits in the future.
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I know lot of people must be selling seeing such high price but i believe this is just the beginning.Bitcoin will still go up as always once many other countries like japan officially legalize it.I am motivated and will hold bitcoin for long time.
I already tripled my bitcoin [usd equivalent] that i bought a year ago by just HOLDING.
What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?
I already tripled my bitcoin [usd equivalent] that i bought a year ago by just HOLDING.
What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?
that is good for as you can make big profit because you bough a year ago. and not just for bitcoin that is good for hold because i think altcoin can be good if we can hold as long as we can. the altcoin price will be higher from time to time like bitcoin and its a good chance for us to hold some of altcoin so in the right time, when the price is increase we can sell our altcoin to reach the profit.
Some people have made a very nice profit, either they have bought Bitcoins when they were very cheap or they have earned it. But let's be honest, people who have bought Bitcoins at 1000$ also hav made the profit, right? So, this just proofs that is never to late to get to the Bitcoin world and that everyone could have the chance to have use of it, just have to play wise.
i can see the merits of both sides. the thing is most traders get too attached to one direction and end up throwing it all away. you need to know when the tide is turning against you.
its been a frustration to me because i usually cash out most of my earnings from my trading activity, if i only think about this and hold my coins i surely much happy with the outcome, learning how to invest and trusting the investment should be practice like what you did OP you already gain a lot coming from this investment.
When the price is so high of course holding is good But why the price is soo high, can someone explain me? Please. I want to buy btc but when the price is under than $1600/btc, how someone can invest in it? 
But why the price is soo high, can someone explain me? Please. I want to buy btc but when the price is under than $1600/btc, how someone can invest in it? Huge adoption over bitcoin is the reason to see the continuous increase in the bitcoin price chart. Segwit and BU also passive pull ups for bitcoin to grow everyday. Simply do not think that bitcoin bump only reason to take hold the bitcoin.
This bitcoin holding is global truth to grow your bitcoin value which is in your wallet. So do it always and buy it from localbitcoins.
When the price is so high of course holding is good But why the price is soo high, can someone explain me? Please. I want to buy btc but when the price is under than $1600/btc, how someone can invest in it?
But why the price is soo high, can someone explain me? Please. I want to buy btc but when the price is under than $1600/btc, how someone can invest in it? Jump to: