Topic: Hold coin - page 4. (Read 791 times)

Nevertheless we can still engage in using other means to acquire btc by either exchanging it with other assets, earning it or being gifted, not everyone having bitcoin today really make use of fiat in exchanging for it, the more we gold the more the capacity to what we are holding increases and we continue to make additional money over bitcoin whenever we are holding over a long duration of time, there will always be a time for bitcoin to rise after it would have been on the bear market.

When it comes to recommendation or suggestion then there's no doubt that Bitcoin would be always that recommended but on the sense about having that realistic talks about profit making or returns then it wont be something that would make you rich since we are just talking about 100k price point then it would really be just simply 3x on the current price that we do have now and if you are investing not that big enough
money then profits wont really be that much as you anticipated and this might really be giving out that kind of disappointment and this is the time that there are people who are really that a fan on dealing up with something which could give out that kind of opportunity on getting rich via spending or investing some little amount and doesnt need to be that big specially on meme coins and this is why lots had really be having that kind of behavior on which they would really be gambling out with these shit coins and put up a little more focus on something reliable or something that been mainly supported like Bitcoin and some top other altcoins in the market.
Whenever on what you are dealing with, then it would be entirely be depending on you on how you would really be handling out yourself on different options and conditions when it comes to choices of coins
whether you would be playing safe or would really be going into that mix of gambling side.

If we think about holding long-term, Bitcoin is the best choice. But if think about just playing the market volatility, altcoins are there is give us more profit than Bitcoin. It is really all about our preferences but the advantage of choosing Bitcoin is that we can assure that years from now it grow unlike holding altcoins.

There are so many coins to hold but yes, this will also matter on how we manage them. If we can play the market so well, we can really make money there but if not, even investing in Bitcoin will give us losses as well.

It's true what you say. So far, bitcoin has proven that bitcoin is the most reliable coin and can be profitable in the long term. But people are picking up new coins they didn't know could improve or stay in place. And if you already own bitcoins right now, you have to hold onto them until things turn around and the price increases. But you can now buy more bitcoins because the price is currently discounted. So don't wait too long to start buying bitcoins or they will regret that it's too late to buy bitcoins.

Absolutely correct the crypto market is not stable and its currencies always go up and down so if you can't wait patiently, you will never be able to make a profit by investing, instead you will be at risk. Although it is impossible to predict the exact price of bitcoin in 2024 with certainty, the possible price range of bitcoin in 2024 is between $30,000 to $50,000 per coin. If all goes well bitcoin could touch $100,000 by the end of 2024.

$100k is not a prediction of this bull season, I mean, people predicted bitcoin to hit $100k in bull season in 2021, but in the end, bitcoin only hit $69,000 and bear season arrived. So the $100k target continues to be expected into the next bull season, but this time things look easier as bitcoin's old ATH is already very close to $100k. I have a more bullish thought, even bitcoin will hit the $120k mark in the next cycle, not just a modest $100k like many others.

Why don't you think that the trap will be more perfect when people sell bitcoin for $100k and bitcoin keeps going up, people will fall into the Fomo trap and buy at a higher price?

Paper money and BTC are dependant of each others because for you to have BTC you first need to use your paper money to buy BTC vise versa. For one to call himself a Bitcoin enthusiast you must hold bitcoin, speculating and predicting about bitcoin price without anticipating in any various way doesn't really makes you a good speculators because it adds no meaning to your portfolio rather a waste of energy and time. We all know that bitcoin movement is something that we can't give with all accuracy the way it should go but rather we draw back to our previous experience and history of the event, this gives us more strength and courage to believe that price would always get another ATH.

That is exactly what I think as well. I know that Bitcoin has got the potential to even cross $100k, but it just doesn't feel like it's time for that to happen. I know a lot of people have been speculating about the price of Bitcoin going beyond that target since the last time it touched $69k when most of them were expecting it to go above that range but it trapped a lot of retail investors and crashed right from there, and those who invested then are still waiting for the price to reach there.

I believe something similar might happen this time again, people will be thinking that the price will go very high this time but it might become a trap again for a lot of retail investors leaving them hanging if they buy around the peak like last time, so everyone needs to be very vigilant and sell if they see a decline after the price reaches the peak.

Yes, the vast majority of Bitcoin investors expect Bitcoin to achieve a new ATH in 2025 and possibly cross 100-120k$.

Personally if I had some money I would buy Bitcoin, in fact I started the DCA strategy a while ago and will continue until Bitcoin achieves a new ATH.

I tried a lot of other coins but didn't get much. My personal experience has proven that Bitcoin is the most reliable and profitable coin in the long run.

All responds recommended for holding Bitcoin because less risk then recommend for holding altcoin, altcoin looks stable price and always return to higher price when getting drop in short term, difference when some one recommended for holding altcoin assets. I don't think wrong when many responds recommended for holding bitcoin than altcoin because many of them have experienced in several altcoin kinds and how drop drastically when getting bad news.

Altcoin controlling by developer but bitcoin not any one can controlling, this reason why bitcoin is promising coin for holding than altcoin where not promising to earn much profit exactly with long term holding. You can try hold or invest for long term in altcoin and take by your self how bad experience when investing in altcoin.

For sure it is a great investment to use your money to buy cryptocurrency or Bitcoin, I mean if I have the money I would surely invest in cryptocurrency aside from other investments, first cryptocurrency is going to be Bitcoin for sure we all know that cryptocurrency is a risky investment so it is always recommended to invest on Bitcoin because it is just the safest cryptocurrency to invest to, I would also buy on some alternative cryptocurrency that has high return something like Ethereum, BNB, etc, it has way riskier but at the same time have a high reward. I mean the next Bullrun definitely has a of potential so I really believe that the price of Bitcoin is going to be around 100k$ for sure, just based on the Bitcoin adaptation Bitcoin is well adapted even in my country.

Bitcoin is surely better than fiat money and for sure when it comes to investment, when it comes to inflation it really hits on fiat money, but fiat money is still essential because it is just what we use daily, and we cant really change that, it is the one that is supported by the government, I mean Bitcoin is decentralized on nature so that is just how it works. We cant expect the government to support Bitcoin because they just cant control it.

In order for a person to be profitable while they trade they need to be able to accept they cannot win every trade and accept a few losing trades from time to time, however investors need to learn how to hold their coins even when the price of bitcoin is going down very rapidly, and while this is now easy for those which have gone through several bear markets already, this is very hard for new investors, and if they do not find a way to deal with this then sooner or later they will sell their coins and lose money as a result of their decision.

It depends LOL.
If I need to buy something, I'll use that money. If I need to invest it, I will do it. If I need for emergency purposes. I mean the list goes on, and on, and on. What kind of question is that .

Bitcoin, and Ethereum.
Both of the coins are good to hold for short term, and long term as well, but better if long term. For short term, I don't think I can recommend one coin that's good to hold for short term unless you're a trader then it would be a different scenario.

Well, if you follow the 4-year cycle, Bitcoin is expected to break the previous ATH of near $70,000 by 2025 or might be in the last 2024.

$100,000 price per Bitcoin is the one that I'm waiting. I expected that it will happen last bull run, but it failed. Now it has the opportunity to do it. I'm pretty sure many are excited to see Bitcoin's price reaching 6 digits for the first time. I'm also excited on what will be the reaction of those people who are very pessimistic towards Bitcoin, and telling negative things to it like it's a scam, or the like.

You can still profit from bitcoin in the short term by trading but the risk is higher. Holding is still the better option as it is both safe and does not require as much knowledge and skills as trading.

I like the way you allocate capital to invest, spend most of it on bitcoin and a small part on altcoins. That way we are both safe and can get a better return if our altcoin investment is successful. This cannot be called risk-minimizing diversification, but it can optimize returns better than just investing in bitcoin.

Those who are still very optimistic about improving market conditions will definitely continue to buy using the DCA method repeatedly without ever panicking, even though there are many other people who are afraid of them. Currently, market conditions are still not much different from the previous month because there are still no significant changes so now is still a very suitable time to continue buying and storing it until next year.

Because in the next year I also believe there will be very different conditions in Bitcoin, especially in terms of its price which may increase more than it has ever happened this year. So Hold in this year is still a very appropriate solution and it won't be bad for everyone if they still want to buy without feeling like selling in the near future.

True, Investments in any world are for those who are eyeing long-term investments such as BTC. Now, for traders, it comes with the consequence of always monitoring stock price movements every hour, even minutes. But, for ATH 2025 on BTC it is very possible, but it takes process even if we look at the halving that is in sight, there are more and more ETFs selling and large institutions are now starting to enter the crypto market.

For me, just 2 favorites are BTC and ETH for other options that are definitely fundamental and have been proven to be resistant to market crashes and corrections.

You are right. That's all we can do in the crypto market. By really learning about trading, we can have the opportunity to be able to analyze the market and determine when we can enter and exit the market. The higher our ability to analyze the market, the greater our chance to benefit. That is what we want to achieve.

Investing in Bitcoin or altcoins must have the knowledge to know when it's time to invest. And before the price starts to increase, we need to be able to use it to buy as much Bitcoin as we can afford. But don't force yourself to buy using almost all your money because we also need fiat money to survive.

By always trying and learning, I believe we can have more Bitcoin and have the opportunity to sell it at a high price. And it's only a matter of time.

As you said, it has to do with time. It is a difficult prospect to profit from Bitcoin in the short term. It is possible to profit from altcoins in the short term. Therefore, it is about the expectation of the investor and how much risk he will take. Bitcoin hasn't hurt anyone in the long run. I cannot say the same for altcoins. Therefore, both risk and a long or short-term investment change the choice we make.

In such a situation, I think the most sensible thing to do is to invest a large amount of our investment in Bitcoin and the remaining small amount in altcoins. This way we reduce risk and invest in alternatives.

nice Wild Shot . but who knows right?

sometimes there is a need of understanding as we are not all english speaking people in which you will commonly see in english section.

while there is a possibilities that 150k is coming, but I will be contented to at least 100k plus to sell small percentage of my holding .

When someone gets money, there are a lot of things to do. The person may decide to invest in real estate, engage in the buying and selling of goods, purchase shares, or invest in bitcoin to store up his or her assets. 

For many, bitcoin is the ideal option when considering a coin to invest in in order to achieve a long-term investing goal. An investor who has bitcoin in their portfolio is hopeful that their investment will pay off in the future. 

Every crypto investor has a plan to buy bitcoin when it is cheap and sell it when it is expensive. Given that the price of bitcoin is now low, it is judged appropriate for investors to take advantage of the chance to accumulate bitcoin as quickly as possible before the market turns green.

Due to the price history of bitcoin (after the halving season, months later, bitcoin skyrocketed more than expected), many bitcoin investors anticipate that in 2025, the price of bitcoin will reach a new all-time high.