Topic: How do you work toward hodling bitcoin? (Read 1365 times)
Bitcoin is also a means of payment for services rendered.A businessman can secure his business and at time hold the Bitcoin made through the service that was rendered.Its the choice of the businessman to choose the means of payment,it could be in the of BTC or fiat.A businessman can also accept payment in the form of fiat which can be converted into BTC and would It would be risky if all payments are in BTC, at least 20% of payments should be in fiat to meet up the basic needs of man,because not everyone that accept Bitcoin as a means of payment.So in order for an holder no to tamper on his/her holdings 20% of payment should be in fiat.
Everybody involved in Bitcoin has sold some too early, for too little money. The trick is not to repeat mistakes, Bitcoin is the best investment out there, devise & set up a solid accumulation plan, stop looking at short time price fluctuations. You should see Bitcoin as a long term plan, DCA as often as possible for many years. Think of it like planting seeds to harvest in years to come.
If you have made a mistake in the past, just learn from that mistake and try to apply that learning in the future. I think you had a lot of bitcoins in the past but you couldn't hold onto them. You sold all your bitcoins in the past for only a small amount of money. But keep trying so that you don't have such regrets in the future. Use the opportunities that present themselves now to make you successful in the future.
I think I am very optimistic about future progress by becoming participants in the bitcoin market by save it. We are already thinking about the future and positive thinking is better. With initial planning, achieving our desires can easily come true by running a business that produces Bitcoin. We must also have other sources of income to supports it all.
In terms of maintaining and owning Bitcoin for the long term, of course there must be support through other sources of income so that we can maintain and increase the amount of Bitcoin as a future asset in the long term. Nowadays, many people are optimistic about Bitcoin, so many people no longer have any doubts about owning Bitcoin at this time and also consider it as an investment in the future for themselves. And I think that assumption is quite good because with many people starting to be optimistic about Bitcoin, of course this will also affect the value of Bitcoin itself in society.Another thing you guys have forgot to mention is to only invest what one can afford to lose, and that means not only that a person should have a stable source of income but with also has savings for emergency purposes. That savings would not only save you from any urgent financial matters but it would also protect your bitcoin holdings from being withdrawn suddenly. This has been one of the common mistake people may have overlooked not only with bitcoin but in all sorts of investment assets. We should not only be optimistic but also learn how to secure our investment to maximize the potential profit in the future.
In my country, bitcoin can't be used as a payment currency so I didn't think about creating a business with bitcoin payments. But on the other hand, bitcoin is not popular in my country so if I open a business using bitcoin as payment currency it will have a bad impact on my business. I will focus more on business development and use the most common payments people make so that my products can be purchased easily. If my business is advanced and I can collect a lot of money, that's where I will start buying bitcoin. I think this way is more logical for me than forcing to create a business and accept bitcoin payments
It's not a problem when you sell your product outside of your country, because you can accept and use Bitcoin for global payment. For example today, you have received a payment signature with Bitcoin even working in the Indonesia area, right? So with this situation, I think it's not a big problem so far, except if you sell your product on an online shop where you are restricted just use payment Rupiah. I have a friend who has been selling digital products since 4 years ago, he is fine today, not been banned even he only accepted payment PayPal and bitcoin. Because he sells in outside the country. but even if not accepted his local currency, he still pay tax after he exchange his bitcoin to local exchange. he can still contribute to his country.Maintaining it is indeed something complicated, a strong form of consistency is an easy way to maintain it. Even though it is a little bit important, there is a desire to maintain opportunities in bitcoin investment, when starting this you have to think carefully so that every day we have an increase in getting bitcoins even though little result. Also pay attention to friends who motivate us in this business, because there are friends who like to bring us down and there are also friends who make us progress further.
I think I am very optimistic about future progress by becoming participants in the bitcoin market by save it. We are already thinking about the future and positive thinking is better. With initial planning, achieving our desires can easily come true by running a business that produces Bitcoin. We must also have other sources of income to supports it all.
In terms of maintaining and owning Bitcoin for the long term, of course there must be support through other sources of income so that we can maintain and increase the amount of Bitcoin as a future asset in the long term. Nowadays, many people are optimistic about Bitcoin, so many people no longer have any doubts about owning Bitcoin at this time and also consider it as an investment in the future for themselves. And I think that assumption is quite good because with many people starting to be optimistic about Bitcoin, of course this will also affect the value of Bitcoin itself in society. 
I have seen many people who sold their lands to purchased huge amount of BTC and hodl to recover the capital and still have some money to buy again which is the latest system many investors are using to grow their wealth these days in the community.
You need to understand that there are different kinds of investments and bitcoin is not the only profitable one out there. Even land is profitable. Real estate is really hot and valuable but it still depends on your country and location of course but selling it to buy bitcoin is quite stupid and reckless I might say.
You’re never going to be able to buy that land at the same price ever again. Even if you say that you are richer, the value still has gone up from the price you actually bought it from. You could have done a lot with unsold land.
Everyone has their own investment vision, but I also want to say that selling real estate to invest in bitcoin is too risky and not recommended, if not a stupid idea. We were on a bitcoin forum and many people became so crazy about bitcoin that they knew nothing else but bitcoin. Many people will support this idea but if we show this idea to financial advisors or economists, they will say we are stupid.
The potential of real estate is not inferior to any investment, including bitcoin. In addition to increasing in value every year due to demand, it can also create a passive income stream. Only people who don't have money to own real estate think that investing in bitcoin is safer and better than real estate.
It can be very profitable because sometimes the market pumps very much like the previous bull run of BTc to its higher value ever. If that's the case then it can be very profitable but how to predict that?
There's no surance to the profit in crypto while there is in real state that's why taking that much of risk is a stupid idea.
Many investors are making the mistake of only looking at the positive sides of bitcoin and ignoring the risks it can bring to them. I do not deny that the potential of bitcoin is huge and I am also investing most of my money in it. But that doesn't mean bitcoin is risk-free and will always bring us profits.
As a wise investor, we need to know how to make appropriate plans and balance our finances appropriately. Real estate is something that people are looking to own for its potential and long-term value, while we sell them to invest in bitcoin, an asset with potential but volatility and risk is too much.
I have seen many people who sold their lands to purchased huge amount of BTC and hodl to recover the capital and still have some money to buy again which is the latest system many investors are using to grow their wealth these days in the community.
You need to understand that there are different kinds of investments and bitcoin is not the only profitable one out there. Even land is profitable. Real estate is really hot and valuable but it still depends on your country and location of course but selling it to buy bitcoin is quite stupid and reckless I might say.
You’re never going to be able to buy that land at the same price ever again. Even if you say that you are richer, the value still has gone up from the price you actually bought it from. You could have done a lot with unsold land.
Everyone has their own investment vision, but I also want to say that selling real estate to invest in bitcoin is too risky and not recommended, if not a stupid idea. We were on a bitcoin forum and many people became so crazy about bitcoin that they knew nothing else but bitcoin. Many people will support this idea but if we show this idea to financial advisors or economists, they will say we are stupid.
The potential of real estate is not inferior to any investment, including bitcoin. In addition to increasing in value every year due to demand, it can also create a passive income stream. Only people who don't have money to own real estate think that investing in bitcoin is safer and better than real estate.
It can be very profitable because sometimes the market pumps very much like the previous bull run of BTc to its higher value ever. If that's the case then it can be very profitable but how to predict that?
There's no surance to the profit in crypto while there is in real state that's why taking that much of risk is a stupid idea.
Both real estate and crypto Investments (bitcoins in particular) are totally different type of investments and I don't think that we need to compare them or think which will give us more profits in the long or short run.
I will also never advice to sell your property or your real estate investments for bitcoins even though we know that bitcoin has a 4 years cycle where the pump is mandatory but nothing is certain. Same is the case with real estate business where you will find the up and downs throughout the seasons.
Ideally if you have a lot of money then it will be best that you can have an investment both in real estate and in bitcoins this way you will minimize the risk as if one is getting loss at one side, you will hopefully get profit in the other. This also comply with the statement that "Never put all your eggs in one basket".
There is no harm in the advice you say for someone who really wants to invest in Bitcoin. But the option of selling land to buy a larger amount of Bitcoin at once is also not wrong as long as the person still has other land to live on or because the money he has has been used for other things. Because there are also people who already own more land, but still don't have Bitcoin as an investment, so they choose to sell one of their lands to be able to invest in Bitcoin. Something like that is also not wrong to do, especially if the person made a plan like this at the beginning of last year when Bitcoin was still very low.
Wow.. A pretty gutsy plan but I'm sure it would be a balance if we had some land assets of course but if we only had one unit, I doubt we would execute it into BTC even if we were able to navigate this frenetic market.
There's no surance to the profit in crypto while there is in real state that's why taking that much of risk is a stupid idea.
Yeah. if we want to be an investor, it's better to focus on one by one, don't be greedy if it has proven to be profitable, take a break first and enjoy the benefits, and if it's time to just re-enter, want to all in the remaining profits to BTC or add more buy/build property assets again.
I have seen many people who sold their lands to purchased huge amount of BTC and hodl to recover the capital and still have some money to buy again which is the latest system many investors are using to grow their wealth these days in the community.
You need to understand that there are different kinds of investments and bitcoin is not the only profitable one out there. Even land is profitable. Real estate is really hot and valuable but it still depends on your country and location of course but selling it to buy bitcoin is quite stupid and reckless I might say.
You’re never going to be able to buy that land at the same price ever again. Even if you say that you are richer, the value still has gone up from the price you actually bought it from. You could have done a lot with unsold land.
Everyone has their own investment vision, but I also want to say that selling real estate to invest in bitcoin is too risky and not recommended, if not a stupid idea. We were on a bitcoin forum and many people became so crazy about bitcoin that they knew nothing else but bitcoin. Many people will support this idea but if we show this idea to financial advisors or economists, they will say we are stupid.
The potential of real estate is not inferior to any investment, including bitcoin. In addition to increasing in value every year due to demand, it can also create a passive income stream. Only people who don't have money to own real estate think that investing in bitcoin is safer and better than real estate.
It can be very profitable because sometimes the market pumps very much like the previous bull run of BTc to its higher value ever. If that's the case then it can be very profitable but how to predict that?
There's no surance to the profit in crypto while there is in real state that's why taking that much of risk is a stupid idea.
Bitcoin investment is one of the most profitable investment you can ever think of.for someone who sold of his land and invest the whole money in buying Bitcoin that is lump sum buying maybe the person doesn't have any other source of income. I would advise the person should go for DCA instead of lump sum so that the person can be able to accumulate a large amount of Bitcoin in his /her holding and hold for long time until Bitcoin hit it's bull run.
There is no harm in the advice you say for someone who really wants to invest in Bitcoin. But the option of selling land to buy a larger amount of Bitcoin at once is also not wrong as long as the person still has other land to live on or because the money he has has been used for other things. Because there are also people who already own more land, but still don't have Bitcoin as an investment, so they choose to sell one of their lands to be able to invest in Bitcoin. Something like that is also not wrong to do, especially if the person made a plan like this at the beginning of last year when Bitcoin was still very low.Bitcoin investment is one of the most profitable investment you can ever think of.for someone who sold of his land and invest the whole money in buying Bitcoin that is lump sum buying maybe the person doesn't have any other source of income. I would advise the person should go for DCA instead of lump sum so that the person can be able to accumulate a large amount of Bitcoin in his /her holding and hold for long time until Bitcoin hit it's bull run.
There is no harm in the advice you say for someone who really wants to invest in Bitcoin. But the option of selling land to buy a larger amount of Bitcoin at once is also not wrong as long as the person still has other land to live on or because the money he has has been used for other things. Because there are also people who already own more land, but still don't have Bitcoin as an investment, so they choose to sell one of their lands to be able to invest in Bitcoin. Something like that is also not wrong to do, especially if the person made a plan like this at the beginning of last year when Bitcoin was still very low. I have seen many people who sold their lands to purchased huge amount of BTC and hodl to recover the capital and still have some money to buy again which is the latest system many investors are using to grow their wealth these days in the community.
Not that he or she don't want to buy BTC, just that he or she what to know if someone can achieve something from such risk, I will advise you to take the risk to buy BTC in this bear run and hodl it for long and you will surely earn a good results at the end.
How appropriate can this become selling a fixed assets which will appreciate with time over the years to buy Bitcoin for the holdings. You know purchasing the Bitcoin is not a problem but why sell the land, this is what have rendered most persons into some kind of problem which they still can't come out from. Most hope after the Bitcoin bull dey get to use the capital into buying back the land unknowingly that over the years of holding Bitcoin the price of the land will aswell appreciate. I don't consider land the right property to sell when trying to accumulate Bitcoin. Not that he or she don't want to buy BTC, just that he or she what to know if someone can achieve something from such risk, I will advise you to take the risk to buy BTC in this bear run and hodl it for long and you will surely earn a good results at the end.
Yes, you are right, when we sell land to collect Bitcoin, it is very impossible for us to buy the land at the same price when we have made a profit from the investment we made, of course we have to pay a higher amount when we want to buy it back.
Bitcoin investment is one of the most profitable investment you can ever think of.for someone who sold of his land and invest the whole money in buying Bitcoin that is lump sum buying maybe the person doesn't have any other source of income. I would advise the person should go for DCA instead of lump sum so that the person can be able to accumulate a large amount of Bitcoin in his /her holding and hold for long time until Bitcoin hit it's bull run.
I have seen many people who sold their lands to purchased huge amount of BTC and hodl to recover the capital and still have some money to buy again which is the latest system many investors are using to grow their wealth these days in the community.
You need to understand that there are different kinds of investments and bitcoin is not the only profitable one out there. Even land is profitable. Real estate is really hot and valuable but it still depends on your country and location of course but selling it to buy bitcoin is quite stupid and reckless I might say.You’re never going to be able to buy that land at the same price ever again. Even if you say that you are richer, the value still has gone up from the price you actually bought it from. You could have done a lot with unsold land.
There are really people who would really be continuing on trying out to deal up with stuffs on which they would really be having in mind that what if they did able to hold up their assets?
As for those who had been holding until now after how many years or lets say a decade then it did really prove out that they are the true OG's. If we do tend to see this roller coaster ride of Bitcoins price movement
then you could really be able to tell that it was never been that an easy thing to make yourself that deal up with volatility and other things that you could encounter in the market.
I have seen many people who sold their lands to purchased huge amount of BTC and hodl to recover the capital and still have some money to buy again which is the latest system many investors are using to grow their wealth these days in the community.
You need to understand that there are different kinds of investments and bitcoin is not the only profitable one out there. Even land is profitable. Real estate is really hot and valuable but it still depends on your country and location of course but selling it to buy bitcoin is quite stupid and reckless I might say.You’re never going to be able to buy that land at the same price ever again. Even if you say that you are richer, the value still has gone up from the price you actually bought it from. You could have done a lot with unsold land.
I have seen many people who sold their lands to purchased huge amount of BTC and hodl to recover the capital and still have some money to buy again which is the latest system many investors are using to grow their wealth these days in the community.
You need to understand that there are different kinds of investments and bitcoin is not the only profitable one out there. Even land is profitable. Real estate is really hot and valuable but it still depends on your country and location of course but selling it to buy bitcoin is quite stupid and reckless I might say.
You’re never going to be able to buy that land at the same price ever again. Even if you say that you are richer, the value still has gone up from the price you actually bought it from. You could have done a lot with unsold land.
Everyone has their own investment vision, but I also want to say that selling real estate to invest in bitcoin is too risky and not recommended, if not a stupid idea. We were on a bitcoin forum and many people became so crazy about bitcoin that they knew nothing else but bitcoin. Many people will support this idea but if we show this idea to financial advisors or economists, they will say we are stupid.
The potential of real estate is not inferior to any investment, including bitcoin. In addition to increasing in value every year due to demand, it can also create a passive income stream. Only people who don't have money to own real estate think that investing in bitcoin is safer and better than real estate.
While that guy saying no to fiat. He's on a good state where he can earn and pay things 100% in Bitcoin. While the rest of us can't do that because we're on different places and there's not that much acceptance and adoption of Bitcoin. IMHO, that's actually a better situation for people like me to hold more. The challenge that holding bitcoin and spending it makes me want to hold it more because of the lesser adoption wherever I go and I find it as something good for myself but not entirely for the community.
Some persons invest in Bitcoin based on they have known the rudiment of it right from time so I believe that investing in Bitcoin or holding it for long time is based on their understanding on it and a new investor in Bitcoin does not hold bitcoin for long time because you do it does not have the confidence in Bitcoin so the people that invest in Bitcoin and hold it for long time is people that knows actually or to bitcoin is all about so I don't think that we need to be afraid of holding bitcoin for long time but some people who does not understand Bitcoin do be afraid because they have not mastered the system
I have seen many people who sold their lands to purchased huge amount of BTC and hodl to recover the capital and still have some money to buy again which is the latest system many investors are using to grow their wealth these days in the community.
You need to understand that there are different kinds of investments and bitcoin is not the only profitable one out there. Even land is profitable. Real estate is really hot and valuable but it still depends on your country and location of course but selling it to buy bitcoin is quite stupid and reckless I might say.
You’re never going to be able to buy that land at the same price ever again. Even if you say that you are richer, the value still has gone up from the price you actually bought it from. You could have done a lot with unsold land.
Personally was going through some sales of mine in the past and the worth of the BTC I had spent few years back today. Thought about it, until I came across of a twitter influencer who also sold his products for bitcoin. And he mentioned he didn't hodl those bitcoin. But he worked strides ahead to build his business such that he'll hold every single bitcoin he made through sales. Same thing I linked to other people who sold products for bitcoin, many didn't hold their bitcoin. But, that's not the issue or problem. The question is what are the possible means of securing our businesses and at same time saving the bitcoin made through the services we render? Mainly I crafted out a new skill out of me that earns me local currency; fiat. Yet building a fresh business from scratch isn't easy, most often, I still use bitcoin to invest on the local online business. Still keep me yards back from achieving my goal of hodling bitcoin made through online business. Contribute your thoughts and personal experiences. As the influencer didn't elaborate how he made his possible.
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I think I am very optimistic about future progress by becoming participants in the bitcoin market by save it. We are already thinking about the future and positive thinking is better. With initial planning, achieving our desires can easily come true by running a business that produces Bitcoin. We must also have other sources of income to supports it all.
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