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Topic: Invest in Bitcoin, for long time Holding (Read 1116 times)

legendary
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March 26, 2024, 03:05:54 PM
Yes there are many types of investors who have different investment plans some invest for long term and some invest for short term. Most people invest in Bitcoin for a long period of time because if they do not invest in Bitcoin for a long period of time they cannot expect the desired results. The price of Bitcoin was $42000 a month ago and from there the price of Bitcoin has increased to $56000 today.So if someone had invested in Bitcoin back then and held onto it, he would have made a lot of profit today.
I do not have anything against holding, but I will only hold when I have a very large quantity, and then I will have in mind that I will have a large profit. That is the only way I see that I can make money from holding, and if I should invest a large amount, mine will not be short, nor will I prefer to trade for now since I don't have my desired amount to invest in Bitcoin. because I will need money to sustain myself. I know it is not every time I will make a profit, but when I trade, I will make a small amount of money.
Of course if you have a big quantity of something, it doesn't matter if it's bitcoin, stocks, cash, whatever, everything is easier. If you have, let's say, one million in one asset, and that asset in one moves up just 2%, we're talking of $20k of gain. Many people don't even own $20k in their bank accounts. If you are a whale you are playing a different game.
sr. member
Activity: 952
Merit: 391
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While Bitcoin is undoubtedly a solid investment choice for long-term holding, have you considered diversifying your portfolio with BNQ tokens from BitNasdaq? Check it out.
for a long time now people have understood that if you want to invest in Bitcoin then you must be ready to be able to hold for a long time and that way you will see the result over time bitcoin investment all depends on time. if you are not patient enough to wait before selling you have missed a chance of actually making money and diversifying your portfolio might not be a bad option to explore but you just have to be very careful because some options might crash.

Don't do shilling here my guy, that's not the way we discuss things here. You could've ended with the recommendation of diversification but you added a token and that's not going to site well with a lot of people in this forum. Also, I don't recommend diversification when you don't have a lot of bitcoin since bitcoin's got more potential profit for you in the long-term, it's best to stick with it while you don't have a lot of money to invest yet. But if you've got the money to do diversification then by all means do it, you've got more excess than you should've and that's okay to do.

From the way things turned out around the FTX and others a lot of points that he thinks he will consider might just be full of hype and at the end of the day the project will crash but Bitcoin is always there to survive whatever challenge it will come with. and that is why everyone is suggesting Bitcoin, but people are always looking for fast money and they feel those options will give them what they want from crypto. and it is better to invest in where your mind will be at rest than just making a random investment if you understand the market well then you won't have a problem with choice.
copper member
Activity: 2254
Merit: 608
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Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
Are you a God who know everything in the future? how you can be completely sure if Bitcoin will make new ATH and change someone life?

I hope people are not blindly trusting someone else predictions instead try to learn what's Bitcoin, why you want to buy Bitcoin and know the limit of risk of investing in Bitcoin.

If not, they will use all of their savings, sell their property or assets, or taking out a loan in order to invest in Bitcoin because they believe Bitcoin will change their lives!
He doesn't have to be God to speculate but the only issue I see here is that the guy is too lousy about it. He was just preaching buying and buying but didn't weigh the risk of buying. About the speculation of a thing, you will have to say something regarding your view and analysis of the market, and there are also speculators with about 95% accuracy. Yes, you read it rightly. They do not have to be God to get to that level but to continue training until they are very good at it. Such traders are few but they exist, and of course, a human being like you.

Now, what I fault about the guy is that he is not considering the high price of Bitcoin and the potential retracement/correction, and the extent to which the market could fake investors at this high level. This could also cause uninformed investors to lose because I have seen some of them buying at high levels and saying their investment lost more than 10% pretty fast which scared them to close it quickly to avoid losing more. Needless to say, Bitcoin will not earn so much for investors anymore in this season but for futures traders, so the hyping of it by him as though one can still make a life fortune from it is uncalled for.

I agree that he over-hyped bitcoin by saying that simply investing in it can change our lives and he also failed to mention the risks of investing. But I also disagree with you about what I bolded. It is true that bitcoin's profits are not as large as they were many years ago, but the profits that bitcoin gives us are still very significant if we compare them with other assets. In addition, earning more or less profit will depend on the mindset of each investor and not entirely on the assets we choose.
hero member
Activity: 826
Merit: 641
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Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
Are you a God who know everything in the future? how you can be completely sure if Bitcoin will make new ATH and change someone life?

I hope people are not blindly trusting someone else predictions instead try to learn what's Bitcoin, why you want to buy Bitcoin and know the limit of risk of investing in Bitcoin.

If not, they will use all of their savings, sell their property or assets, or taking out a loan in order to invest in Bitcoin because they believe Bitcoin will change their lives!
He doesn't have to be God to speculate but the only issue I see here is that the guy is too lousy about it. He was just preaching buying and buying but didn't weigh the risk of buying. About the speculation of a thing, you will have to say something regarding your view and analysis of the market, and there are also speculators with about 95% accuracy. Yes, you read it rightly. They do not have to be God to get to that level but to continue training until they are very good at it. Such traders are few but they exist, and of course, a human being like you.

Now, what I fault about the guy is that he is not considering the high price of Bitcoin and the potential retracement/correction, and the extent to which the market could fake investors at this high level. This could also cause uninformed investors to lose because I have seen some of them buying at high levels and saying their investment lost more than 10% pretty fast which scared them to close it quickly to avoid losing more. Needless to say, Bitcoin will not earn so much for investors anymore in this season but for futures traders, so the hyping of it by him as though one can still make a life fortune from it is uncalled for.
sr. member
Activity: 1666
Merit: 426
While Bitcoin is undoubtedly a solid investment choice for long-term holding, have you considered diversifying your portfolio with BNQ tokens from BitNasdaq? Check it out.
Don't do shilling here my guy, that's not the way we discuss things here. You could've ended with the recommendation of diversification but you added a token and that's not going to site well with a lot of people in this forum. Also, I don't recommend diversification when you don't have a lot of bitcoin since bitcoin's got more potential profit for you in the long-term, it's best to stick with it while you don't have a lot of money to invest yet. But if you've got the money to do diversification then by all means do it, you've got more excess than you should've and that's okay to do.
sr. member
Activity: 364
Merit: 308
Bitcoin is the most reliable investment among all the cryptocurrency, Bitcoin gives you rest of mind when you invest into it because you can't lose unless you sell your coin below the price that you bought it because of fear as the market starts to correct. Bitcoin gives profit to those individuals that have patience and are willing to hold Bitcoin for a very long time. You can make profits in short term when you invest into Bitcoin but it can't be like the profits of someone that didn't sell early and was holding as the price of Bitcoin keeps increasing. Bitcoin is the best investment and also the best currency right now therefore selling your Bitcoin too early isn't a wise decision. If you don't sell and continue holding you can sell your one Bitcoin for more than $1 million in the future.
Yes Bitcoin is the most reliable investment coin among all cryptocurrency coins. But if you invest in bitcoins and you fail to hold it for a long time then you may not expect anything good from your invested bitcoins. So the prerequisite for investing in Bitcoin is to set the right goals according to your plan and then invest and hold for a long time. Bitcoin investors must have different plans with their investments so they continue to invest in Bitcoins according to their plans. If we want to achieve something in our life then we have to set a sign and act accordingly to reach the goal. Just like in bitcoin investing everyone should set a price target for bitcoins then when they reach that price you should sell them otherwise you shouldn't.

Those who invest in Bitcoin and are patient can gain a lot from their investment but those who don't have patience can't gain much because they invest in short term.
sr. member
Activity: 882
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Bitcoin will continue to rise as the bitcoin halving approaches, so investing now is the right choice for the long term. The current high price of Bitcoin is not just an illusion, so buying at $57k is still cheap, if you buy $100k later you will definitely regret it.

And it's no secret that if we see firsthand if someone comes in and invests in Bitcoin, if he is disciplined, then firm to his investment settings in the long term, I think it will automatically present a significant growth opportunity that at the end of the day is directly felt is the owner of the investment itself and it will at least be a benchmark whether we have been able to achieve financial independence personally.

Well. I agree with the use of the DCA technique above and current conditions in this moment maybe that there are many of us who lost when investing in BTC before the halving occurred and generally the losses are due to our own fundamentals that are too quickly shaky and too responsive to unnecessary issues even though if studied more deeply it is only an ordinary decline like two days ago and of course also long-term ownership is the main key in Bitcoin investment and the bitcoin halving is very close in sight.
member
Activity: 194
Merit: 62
Everyone has different plans and strategies in treating Bitcoin and all of them aim to make a profit, and this is the beauty and freedom of Bitcoin's existence.
However, we will never know for those who use Bitcoin for trading, short, medium and long term whether they use Bitcoin for transactions because we know that Bitcoin was created as an alternative currency.
And I think they will definitely use it if they have to use Bitcoin for transactions and both parties use Bitcoin and have Bitcoin wallets, and the right reason is probably because Bitcoin is still not allowed to be used as a transaction tool. And it may only be used for individual transactions if Bitcoin is prohibited from being used as a means of transaction, and if it is allowed, perhaps only a few shops or sellers will accept Bitcoin as a means of payment.
So in my opinion, even though Bitcoin is better used as an asset or investment, that doesn't mean they don't use it for transactions because we don't know about it even if it's only in small amounts. And I'm sure that eventually Bitcoin will work for transactions and investments and it's just a matter of time.

To be honest, although I use Bitcoin for long-term investment. However, I have also used Bitcoin several times as a means of private transactions between Bitcoin users because of its convenience, speed and distance.
Just like every other currency, Bitcoin can be treated and should be used as either an assest or a form of investment, more essentially bitcoin can be used a form of exchange. I believe the introduction of bitcoin was beyond the use of an assest or a form of investment but primarily as a medium for exchange of value just like every other hard currency, it's values will definitely be on the increase due to the direction in which the world is tending to(web 3). With the help of AI and technology. The value of bitcoin in the long run will definitely increase.
  
 Also in conclusion, Bitcoin is an all round asset used for different purpose. A store value, payment mediums, for transactions and can also be traded since it's a valuable commodity and we all know that anything that has valuable can be tradeable. It can be used by everyone, so far it's not used for fraudulent activities then you're good to go. Bitcoins utilities shouldn't be one sided, rather users needs to expand their knowledge about it and thereby bring more life in Bitcoin.
newbie
Activity: 6
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While Bitcoin is undoubtedly a solid investment choice for long-term holding, have you considered diversifying your portfolio with BNQ tokens from BitNasdaq? Check it out.
full member
Activity: 420
Merit: 130
Best way to invest in bitcoin for long term you have taken a good initiative because as bitcoin is getting popular day by day it will go higher in near future even if you buy now you may become very rich in future.
Bitcoin is becoming so popular day by day that hundreds of investors from rich sounding countries of the world are investing on this Bitcoin and they are holding to become bigger competitive wealth in future. One of the main objectives of investment is to hold holdings that the longer one can hold the holding, the more likely it will be profitable in the future.
hero member
Activity: 1400
Merit: 770
So an investor in Bitcoin will never face losses if he invests for long term. According to the Bitcoin cycle, the price of Bitcoin begins a halving cycle every four years, during which the price of Bitcoin rises to its highest level.

Maybe it will be like that in value terms maybe it will add up at some point.  But the truth is that we also need sacrifices to get the best results. In terms of calculation, it looks easy as you said. But you should know I need superpowers to do that. Maybe talking is very easy, but mental strength and patience are not in everyone's possession. So everyone sometimes has their own beliefs by adjusting their abilities. They have their own way to achieve what they want.
full member
Activity: 476
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You are right that Bitcoin is the best investment. Most of the major investors in the cryptocurrency market invest most of their money in Bitcoin and if you invest in Bitcoin and are not able to hold it for a long time then your investment will have no value. So before investing in Bitcoin one should have a long term mindset and then invest.
Yes Bitcoin is the best coin to invest in crypto market. You must invest in Bitcoin if you want to be risk free. If you suffer a loss while investing in Bitcoin, you can easily recover the loss. But if there is a loss in altcoin then it will be very difficult to recover. This is proof that those who invested $69,000 in Bitcoin in 2021 will almost recover their losses. You must learn to be patient before investing in Bitcoin. If you do not have patience then you will not be able to hold the investment for a long time, if you cannot hold it for a long time you will not be able to make a profit and may face losses.

Investors who have invested in Bitcoin have generally made the most gains in the past. And in December 2022, the price of Bitcoin was 15.5k. These 15.5K people who have invested in Bitcoin this time and those who have invested in Bitcoin in the past are currently reigning as more and more profitable. Their benefits will be highest in 2025 because the price of Bitcoin will be several times the benefits then. So an investor in Bitcoin will never face losses if he invests for long term. According to the Bitcoin cycle, the price of Bitcoin begins a halving cycle every four years, during which the price of Bitcoin rises to its highest level.

sr. member
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You are right that Bitcoin is the best investment. Most of the major investors in the cryptocurrency market invest most of their money in Bitcoin and if you invest in Bitcoin and are not able to hold it for a long time then your investment will have no value. So before investing in Bitcoin one should have a long term mindset and then invest.
Yes Bitcoin is the best coin to invest in crypto market. You must invest in Bitcoin if you want to be risk free. If you suffer a loss while investing in Bitcoin, you can easily recover the loss. But if there is a loss in altcoin then it will be very difficult to recover. This is proof that those who invested $69,000 in Bitcoin in 2021 will almost recover their losses. You must learn to be patient before investing in Bitcoin. If you do not have patience then you will not be able to hold the investment for a long time, if you cannot hold it for a long time you will not be able to make a profit and may face losses.
sr. member
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February 28, 2024, 02:01:56 PM
You are right that Bitcoin is the best investment. Most of the major investors in the cryptocurrency market invest most of their money in Bitcoin and if you invest in Bitcoin and are not able to hold it for a long time then your investment will have no value. So before investing in Bitcoin one should have a long term mindset and then invest.

Bitcoin is the most reliable investment among all the cryptocurrency, Bitcoin gives you rest of mind when you invest into it because you can't lose unless you sell your coin below the price that you bought it because of fear as the market starts to correct. Bitcoin gives profit to those individuals that have patience and are willing to hold Bitcoin for a very long time. You can make profits in short term when you invest into Bitcoin but it can't be like the profits of someone that didn't sell early and was holding as the price of Bitcoin keeps increasing. Bitcoin is the best investment and also the best currency right now therefore selling your Bitcoin too early isn't a wise decision. If you don't sell and continue holding you can sell your one Bitcoin for more than $1 million in the future.
sr. member
Activity: 364
Merit: 308
February 28, 2024, 08:56:42 AM
It seems you have forgotten the Bitcoin potentials, when it comes to investment Bitcoin is the best, with your dca strategy of accumulating Bitcoin no need timing the market, you buy at intervers regularly and buy wholesomely when there a downward trends. Bitcoin investment should be seen on long term perspective because it has the potential of appreciating it's compounded value over time.

You are right that Bitcoin is the best investment. Most of the major investors in the cryptocurrency market invest most of their money in Bitcoin and if you invest in Bitcoin and are not able to hold it for a long time then your investment will have no value. So before investing in Bitcoin one should have a long term mindset and then invest.

Bitcoin investment is an investment where you can earn double profits if you hold the investment for a long time. Let me give you a small example to make this clear. Since you are here or on this forum you must have noticed that in October and November 2023 the price of Bitcoin was below $30k. Since then, the price of that bitcoin has increased continuously until today I saw that the price of bitcoin has touched 60 thousand 357 dollars in the coin market cap. At this point, the price of Bitcoin is only $10k away from the new ATH. The only purpose of saying these words is that those who bought bitcoins below $30k and patiently held on are double the profits today.
full member
Activity: 2520
Merit: 204
February 28, 2024, 07:48:20 AM
Bitcoin investment is for a long time holding and most of new person that came into crypto market industries without making a proper research may think Bitcoin is a sharp sharp business of making money, without applying the number one process, which is patient, as an Bitcoin investors or traders have to applied the mindset of patients to sell or buying, because the entry point and exit point determine the profit return in the business.
For those who are new to crypto, of course they have to do detailed research in order to be able to invest correctly when they have decided to invest. To be able to make a profit in investing in Bitcoin, we have to be able to hold it for a long period of time and we have to be able to know when. the right way to enter the market and you also have to make decisions not in a hurry so as not to make the wrong decision when investing.
but I believe mate that even if you are new here just reading all the details and the history of
bitcoin once you know the meaning of Holding? I am sure that you will be able to understand that you only
need to Buy and keep the coins and wait for at least months or years before taking your fruits because if
you will keep standing being new and will wait for another time to invest, sometimes your chance of profiting
in sooner time lapse and you need to take another couple of years to taste that product of your investment.

You're right there, and that's what other Bitcoin holders actually do. These are the long-term holders who don't care about what happens in the market as long as they are only focused on selling what they hold after 5 or 10 years.
And they are the type of investors that knows what they are doing , they care about
what will happen today because the funds they have vested are the amount they knew can afford to lose.

Quote
And this strategy or method is, for sure, a good plan or goal for a long-term investor. And this should really be what newcomers in the field of crypto space should also imitate, right?
Let new comers have their way but we as crypto Hodlers are known of our dedication
and knowledge to let the market do its homework for us.
member
Activity: 45
Merit: 1
February 28, 2024, 02:31:17 AM
There are many types of Bitcoin investors, some invest for long-term holdings, while others invest for short-term holdings. But one thing is true, those who invest in Bitcoin for short term are never able to achieve anything big. On the contrary, they face more losses.

every Bitcoin investment should be long-term. Because we have seen that even at the end of 2023 the price of bitcoin was 42k and as the year 2024 falls, the price of bitcoin has crossed 50k and currently the price of bitcoin is 52k. So now consider that those who invested in Bitcoin in 2023, when the price of Bitcoin was hovering between 26k and 27k, have already received double returns. So those who have been patiently holding Bitcoin since then have already reaped double the return on their investment.

Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
Investing in Bitcoin and holding it for a long period of time will definitely bring profits in the end. When the price of Bitcoin hit rock bottom in 2022, most people who had a basic understanding of the cryptocurrency market knew that its price would eventually rise and there should be no doubt about its huge demand and bright future. But it is not possible for everyone to invest and hold for a long time. You mentioned investing in bitcoins and holding them for a long time, I'm curious if you actually held bitcoins yourself? And those who can afford to hold on, definitely hold on to it for a long time. I have a lot of desire to hold my own but I don't have the ability to invest and hold for a long time.
hero member
Activity: 1736
Merit: 501
February 28, 2024, 12:02:53 AM


Now the price of BTC is $57140. It's amazing pumping today. It's unbelievable for today score. Already many investor already change their mind to sell their stock. It's positive for long time investor or holder. Keep it up your investment.
Bitcoin will continue to rise as the bitcoin halving approaches, so investing now is the right choice for the long term. The current high price of Bitcoin is not just an illusion, so buying at $57k is still cheap, if you buy $100k later you will definitely regret it.

However, to avoid bad things, always use cold money buy with a DCA strategy using 10% to 20% of your income and hold bitcoin for a long period of time but always study crypto and always update the news first before buying. Investing in bitcoin will create financial freedom in the future and that is certain if you look at the history of bitcoin from the four-year cycle.
full member
Activity: 504
Merit: 144
February 27, 2024, 11:03:34 PM
Now another big opportunity is going to come in front of us. When the price of Bitcoin will increase much more than that. So I would say, those who haven't invested in Bitcoin yet, make a final decision to invest in Bitcoin for lone time Holding now and hold until the next ATH. You invest in Bitcoin and keep your Bitcoin holdings safe, because the next bull market is going to have the power to change your life. So just Hold bitcoin for long time.
I believe that most people in this market believe that Bitcoin price will increase many times more than it is now in the future, but not many people dare to buy at this time, why? I think a lot of people always have the mentality of wanting to buy at the bottom and sell at the top, and they think that Bitcoin is creating a short-term peak, so they wait for a big correction to come. This is completely reasonable, but we cannot know when it will take for Bitcoin to adjust, whether it will continue to go up and then adjust, and the price at that time will only be approximately the price it is now. Do we buy in? Or continue to pay the price?
Besides, the next psychology that makes it difficult for us to hold for a long time is being distracted by the ups and downs of the market, and we think we can control the market so we try to buy and sell ​​continuously to optimize each wave of the market. And at that moment, we will be eliminated from the game by the market, from holder to trader.
hero member
Activity: 700
Merit: 673
February 27, 2024, 04:25:58 PM
The price of altcoins might grow higher within a short period but one also needs to be concerned with the risk of investing in these altcoins. One also needs some skills or experience to be able to navigate the altcoin sector, which makes it a highly risky area for newbies.
Based on my own observation and speculation, as we are already in the bull season and the bitcoin price is already performing wonders, which is just like most of us expected it to be.

The altcoin season is also around the corner, but as you have said, people should be careful about the kind of altcoin they choose to invest their penny in as its volatility is higher than that of bitcoin.
 
The price will surge real quick, like I have pictured a few Altcoins to be nearing breaking a new ATH this bull season, but I'm not much of an Altcoin fan this period, although a few of them are also worth our investment to give them a try.
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