Topic: Invest in Bitcoin, for long time Holding - page 3. (Read 1116 times)

There will be no parable like this because after all, any renewable technology will definitely feel the pros and cons, especially if it is beneficial to some people and detrimental to the pre-existing system, then surely this will bring up the pros and cons that are used as a debate. Likewise with bitcoin, which is still a matter of pros and cons for many people so there will be no parable if bitcoin is held by everyone because forever it will not happen.
We must understand if in the end there are words "if bitcoin is held by everyone" then indirectly everyone agrees and wants to adopt bitcoin as an alternative for them including the government and some people who sometimes we don't realize their influence in the world.

This will not happen now or in the future because the government will not do that considering they already have their own system where banks and fiat will be their superiority so it is impossible for them to accept another system where bitcoin with its decentralization is against the centralized system of the government.

That's what we should do and always have a strategy to make a profit. Create two ways so that we can be productive in investing, implementing long-term investments with a much larger percentage while the rest can be invested in the short term to generate profits. There is no need to worry too much about risks as long as we really understand how to make investments correctly because in fact risks will always be there and our job is only to minimize them.

When involved in investing, having knowledge may make it much easier to minimize risks and people will not panic even if the market experiences a sharp decline. It's not easy, but as long as we want to learn properly, nothing is impossible because knowledge is actually the way to achieve success. I agree that beginners should try to invest in the long term and control the level of purchase risk using the DCA pattern. After their knowledge and experience mature, they try something more challenging than before.

I generally know that investing in Bitcoin for a long period of time can only earn more benefits. But comparatively if you start trading the risk is high as well as the possibility of loss is high because the market is always going up and down. But those who invested in Bitcoin at the beginning of 2023 at about 18 thousand dollars at the time. But now currently in February 2024, the price of Bitcoin touched $52.3K. So you think the price of Bitcoin has almost doubled in just one year, of course I think long term investment is the most profitable, and I don't like trading, I like long term investment the most.

That is true. I also think that risk always depends on these levels of Trading and Investing. Moreover, I personally divide these things into two levels, one is long-term investment or long-term trading and the other is short-term investment or short-term trading. Here I think the risk level of long-term investment is much less than the risk level of short-term investment.
Because when one trading is go for long-term trading then he can start his investment with just acquiring the fundamentals knowledge and if he want to start the the short term trading then he have to acquire lots of things like fundamental knowledge to fundamental analysis skill and technical analysis and these are so complicated thing for learing. And it always take too time. So I would like to also say that for beginner it is always best to invest with long-term strategy and controlling the risk level use the DCA method.

Basically, investing and trading have different levels of risk and knowledge will be one of the most important parts so that someone can minimize risk. For beginners, it is better to invest compared to trading because investing is a little easier to carry out and not too difficult to learn. Trading is not recommended for beginners because there are many things that need to be learned beforehand and if trading knowledge is inadequate then it is feared that they will have difficulty facing the risk of loss.

Holding in the long term is much easier as one does not need to check market conditions all the time. Therefore, if you want the risk not to be too big, then buy and hold the bitcoins that we have. Long term can also provide big profits and investment will also be much more optimal, especially for people who do not have the ability to analyze the market.

Many of them don't reinvest their gains, they spend it on looking rich and they miss to buy Bitcoin before it starts pumping again. Investors that do short time investing don't make profits like investors that hodl for very long. They can decide to sell Bitcoin in profits but the profits don't get reinvest and then the won't own any Bitcoin while Bitcoin is pumping. If you're trading frequently you can make profits but also you can lose too if you don't know how to trade very well. Investing in Bitcoin for long time will make you to not be worried and you can do other things to bring more money so you can use them for buying more Bitcoin. Being in the market regularly will make you to have a short time mentality for investing and it'll make you miss out of bigger profits opportunities.

It's not always good to hold back too long. I agree with you. Take advantage of any opportunity as much as possible. Make a target plan, because you also have to know when you have to release the Bitcoin you are holding. Take advantage of crypto fluctuations to continue to profit. We believe that after ATH there is another time when the Crypto price is cheaper then that moment is good enough to increase the amount of Bitcoin. That's what I do, but I understand that holding longer has less risk. But I understand people have different ways.  IMO

You can't change the objective of Bitcoin that is designated on a short term and the long term investment.
Every Investors goal is to make profits hopefully a huge profit. Some could be weak while some are fit enough in risk bearing so it is always better if the investors stands at the sides they could bear and besides investors financial needs to solve their problems differs and so their investing strategies also differs. Some would just want to have certain value of income in addition to either diversify their incomes or other reasons. It is just about making profits.
Do you ever think if Bitcoin would reach a maximum Ath that it wouldn't exceed above the volume? With the your above mentioned values how about those supposed to hodl their Bitcoin til it hits $1,000,000? For how long do you expect the investors to keep hodling when they are in need of finances? Well, it is possible for lot of Investors to hodl their coins til then but must be one of the Investors whom are alternatively financially bouyant from a different source of incomes.

Bitcoins are usually held by billions of people, some held for a long time and some held for a short time. And many of these hold and trade for a desired period of time, people all over the world are busy in different ways. So my karma and your karma will never be equal that's why no one in the whole world can hold bitcoin together. People will sell their bitcoins out of need and urge or basic need, if everyone holds bitcoins then its price will stay the same. Widespread investor positions include trades, holds and long-term holds.

What would happened to Bitcoin if everyone will hold and no one that will execute using this?

Cryptocurrency meaning we need to use this by all means but of course I will be stupid enough if I deny that reality about me Holding Bitcoin and some altcoins now.

So it is our preference but must know how to circulate as well.

I think I'd say I didn't explain well. I was talking about those who are just selling, not those who actually sell because they've seen profit. If you see a chance to take profit, take it; it doesn't affect your consistency because that is exactly why you invested. But if you invest and it's not yet time to take anything but then you already want to chop off a little and take out a fraction. That can make you unserious about the whole investment.

Bitcoin is certainly for long term but it’s hard to control the people on how they will see bitcoin as an investment. But either it’s short term or long term, there will always be present of profits. However, you can never maximize your profits if you go for short term investing even if you say you start buying bitcoin when there is price correction. It’s still a lot different when you hold your bitcoin for couple of years because we all have seen how it’s price keep increasing every year, and in every year or two, a new all time high comes out. So we can safely say that long term hodling will gain higher probability of profits than those who only made it for short term.

In this case you must be able to distinguish about investment and trading because both of them even though it is the same thing related to bitcoin but in terms of how it is 2 different things and we must be able to distinguish that.
When talking about investing, it is actually not too feasible in my opinion to associate it with trading and vice versa because the concept is different and the way it is done is also different.
Indeed, in this case trading is also not a wrong thing and we are looking for some of the best strategies to smooth out the plans we have built but on the other hand in the end we also have to understand that investing and trading are 2 different things.

I will not refute your opinion about day trading and others but on the other hand in the end we must realize that sometimes everything has its portion and surely the risks are also more different so that when the concept of trading is discussed with investment then it will not be connected.

I agree with you. Given Bitcoin's historical trends and growth trajectory, a long-term strategy may yield higher profits.

It comes down to their trading skill some are good at day trading or short term trades, so we couldn't really say that they could never achieve anything big.
What if they are making use of the Bitcoin price movement on short term trades to gain more Bitcoin rather than just holding their Bitcoin?
We should never look down on those short term investor, they could always reinvest their winnings to gain more.

It can indeed be done and actually it is a pretty good strategy.  Still to do something like that then we need to realize that it requires a large enough capital so that I don't think it can be done by ordinary people who do invest with the strength of a modest amount of money because after all we must be aware that something like this requires a good financial condition for ourselves. If we don't have it then we can be sure that we will be rolled up and will lose only because the plans we do are less mature because we don't just focus on one part even though we lack the finances to do both.

Because in the end this is based on the process and we if you want to succeed in bitcoin then indeed we must recognize the process and defeat it because after all it is a series that we must conquer because in the end in the investment that I feel now selling and buying is a very easy thing but holding back is sometimes very troublesome because the temptation not only comes when bitcoin goes down but when bitcoin goes up it will really test the mentality we have.

There is no good advice for a beginner other than investment. I say this because I am also very new and with the experience I have had in the past few years as a beginner, investing is very good to do compared to trading because after all we have to understand risk management and at this time it is more worth it to invest than trading for them beginners.

Whether long term or short term then it would really be always your choice because no one would really be the one who would really be teaching you on what are the steps that you would take. If you are going for long term or short term. It would really be just that depending with your own decisions since its your money from the start. Dont tend to listen with others suggestions because nothing beats out that you do make your own decisions basing up with your own analysis rather than with others.

Some do stick for long term just because they dont have that sufficient knowledge with Bitcoin trading and just tending to hold for long term because they cant bare up with the risk and some do really just that
make those kind of dealing with price volatility because they do really much love or prefer on seeing profits in a short time period rather than on waiting up for too long.
There are ones who are really that be able to bare up with the risks and there are ones who cant. This is why it would really be always fall down on someone preference or choice.

Yes, there’s no rule that says invest in bitcoin for long term, so whether you like it short term or long term, the important thing is you are investing what you can afford to lose. However, majority do prefer invest in bitcoin for long term most especially that we can’t predict how its price moves in the market. So in order not to lose and sell at losses, just invest when prices are in dips. Although its price is always a good buy, but the challenge gets more high if you enter at a bullish market so you have to wait for years to be able to sell in profits.

It's better late than never as they say, so if someone hasn't invested yet, it's better if they do it now than not doing it at all. After all, if you don't invest today thinking that you have missed the train, you will regret it if Bitcoin manages to hit $150k within this exact cycle, if it isn't a lot, it's still a 2x profit from this point which is enough because you can't expect to become a millionaire with Bitcoin investments anymore as we are passed that phase now.

An investor thinking long-term shouldn't have any issues starting their investments even from this point, they can simply use the DCA method to invest so that if the market goes down a bit later, before the halving and the bull run, they can invest more to have a better buying average.

Thanks for this information because it's the best decision that anybody that is hodling Bitcoin can take, unlike some altcoins that are  not reputable to hold on the long term, Bitcoin is better if held on the long term because it's price can pump and dump on the short term, after some time the price will pump far more than it can dump, so if the holder did not sale during the short term of price fluctuations, he will gain far more when price increases and reaches ATH in the long run. As bull run is nearing it is still a good time to continue hodling because price will keep increasing on the long run till it reaches the destination of ATH, then a holder can sale some and make many times profit on investment.