Topic: Invest in Bitcoin, for long time Holding - page 9. (Read 1116 times)

well, it is true that people who hold bitcoin in the short term, will not make huge profits. that's because the price of bitcoin is currently very large, and even an increase of under 10% is still quite small. If you want to wait for profits above 10%, it might take quite a long time.
However, I have also tried this, but because the profits I got were small, I switched to using altcoins for the short term, especially altcoins that have low prices. it would be great if we utilize altcoins while collecting bitcoins. it can be a good investment over a long period of time.

It depends on the amount of investment one puts in. Even if investors take the risk of buying Bitcoin in the range of $40-$50k, they still need to wait for the price of Bitcoin to reach $80-$100k to double their investment. If someone is hoping to improve their life, it's better to diversify their investments and look for other cryptocurrencies to invest in besides Bitcoin.

While Bitcoin can be a lucrative investment, it's crucial to understand its limitations and risks. It's not a reliable source of immediate income, and treating it as such can lead to financial hardship. Remember, it's called an investment for a reason - its value is intended to grow over time, not provide quick cash.

For short-term needs, alts might be a more suitable option. However, they carry significantly higher risks than Bitcoin due to their inherent volatility. Investing in altcoins requires careful research and a strong understanding of the market.

If you need immediate access to funds, consider only investing a portion of your portfolio in Bitcoin and leaving the rest untouched. This way, you can participate in its potential long-term growth while maintaining some liquidity for short-term needs. Remember, the key to successful Bitcoin investing is patience and a long-term perspective. Holding onto your investment allows you to benefit from its potential price appreciation over time.

Yes, it's like that, long term holders will always be winners. but for beginner investors, the majority of them play in the short term and mid term. hoping to get rich suddenly overnight. even though if they want to play in the long term area, the fact is that if we look at the Bitcoin growth graph from 2009 - 2023, the graph always shows growth. but then again it's their money and their decision to go down that path. I think there are many roads to Rome, so maybe they can be successful in the short term and mid term.

Every investor has a different target in bitcoin investment maybe they will say short-term because the profits will be achieved immediately then this is not wrong not bad because the profits are still being obtained so it depends on their decision how to take steps to invest in bitcoin.

Many people always suggest long-term bitcoin for at least 4 years (1 cycle) those who are strong in holding for a long time are great at maintaining investment and stabilizing their finances for a long time, while in this way it is not easy for people who are mediocre they will certainly choose short-term rather than long-term.

But now I decided that long-term investment is a good thing to do because the benefits are clearly higher than we thought. Keep it up and keep HODL.

Hmm, long-term holding is the best idea in my case rather than to start trading as a newbie in the crypto space. Those who holding bitcoin from the prices vary between $20k-$25k are now in 2x profit but if the same investors who started the trades at the same time may be in minus or maybe in profits all depends haha Nobody gonna know. Bitcoin has gained a lot about its price which is really very amazing performance. Bitcoin current market cap is $1.02 trillion at the time I am creating this post.

So obviously long-term holding of bitcoin returns a good amount of profits to its investors. All needed is faith and belief even if it goes more and more down but if you see going it more down start accumulating bags and keep buying and wait for the time when it will give you the maximum profit. Bitcoin will give us one and last chance of filling our bag before the halving event there we can accumulate more to make more profit. DYOR!

Who says that Bitcoin investment for the short term is bad? Everyone must survive anyway they see fit, your condition could be better than the other, so don't judge or advice anyone to hold for long term, people are really going through a lot and they need to survive, either long or short term Bitcoin is a good one.

The advantage of long term holding is better return of your investment, since bitcoin keeps appreciating in value, holding for the long term is always more profitable.

Don't expect all crypto beginners to be in good shape, I knew bitcoin when I was struggling to even survive, many newbies will be in same shape, so their first target is to survive first, when they make some money they will want to take profit and live on that for a while.

Growing is a gradual process, it's a step after the other.

 The idea of investing in Bitcoin and holding for the long term is not a concept that is new here and this means most investors who add Bitcoin to their portfolio with the aim of raking inhige profits already have it at the backs of their minds to hold and not to sell the moment they see a hike in price because since Bitcoin is a volatile coin which has the tendency to increase or decrease, it means that even when it increases, if one is patient it can get higher.
 Most times people feel the urge to hurry and sell when they got into investing with money meant for something else that's why they can't really reap the fruits of holding Bitcoin for long and it's usually advised to trade with an amount you can easily part with or let go of Incase things don't pan out right but in this case, so you can able to easily leave it and let it pile up.

Hmm, Having a mindset to book profit and exit temporarily is not a bad strategy. TBH I do believe you should enter and exit in every zone with a proper strategy as in risk management we learn something called, portfolio management. In my case for this cycle, I'm planning to hold Bitcoin for 3 targets and sell 25% on each target on which the 1st target is already hit.

I'll keep holding 25% left, from this cycle to the next cycle. Just holding can be a good deal for lazy investors for those who closely follow the market and use the trailing, Zone to zone market provides many buying back opportunities.

I am not a god but, Everyone knows that Bitcoin will create new ATH. It's not just me alone, it's known by everyone on this forum and everyone believes that Bitcoin will create the new ATH. Also I have not mentioned any specific time frame there, I have only mentioned long term investment. Moreover, long-term investment in Bitcoin definitely has a higher potential for profit. And if an investor invests long-term in Bitcoin from now and holds it until the next ATH, then of course he, that ATH will make a good profit and and that profit will definitely improve his living a little bit And that's what I meant.

I am also into the benefits of long-term holding until it reaches again or surpasses the current ATH, I know this will give me a substantial return that patiently holds onto my investment. I am excited for the successful journey that will bring positive changes. But of course, I am aware of the risks involved that we can also experience the other way around and I consider those before accumulating as much as possible. I believe I am in a successful strategy. I know some frequent traders take advantage of price fluctuations to generate returns and that’s the other approach that it’s not my forte now.

When it comes to investing in bitcoin I prefer to invest for the long term. Long term investment gives good returns while in short term its profit is less. We all know that cryptocurrency Bitcoin is a strong long term investment opportunity but before diving into this world it is wise to exercise caution and be clear with yourself about your intentions and expectations for entering the market. Bitcoin is good at long term thinking but like crypto can go up and down so quickly that many people may be disappointed that they have to wait patiently without any thought.

Those of us who discuss Bitcoin and investment always say that Bitcoin is one of the best digital currencies to invest in and an investor who holds his Bitcoin for a long period of time will surely make a substantial profit over time. The more bitcoins you hold, the more profit you can make. Many hold their investments for different periods of time. There are some investors who hold their investment for five to six years after investing and they hold their investment for that period regardless of the fluctuations in the market. We have to hold it in such a way that we don't sell prematurely. I invested in Bitcoin and planned to hold it for long term but after some time the market rose a bit and I got some profit then if I sell my investment then it is not a long term investment at all.

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.

In other words, actually everyone can invest in Bitcoin without exception as long as they have a basic knowledge first so that they are more confident about putting money into it. But apart from that, of course investing wisely has its own rules and methods. DCA is friendly for everyone if they already have a consistent income from their work, ideally like that but that doesn't mean people who don't have passive income can't invest, it's just that there are fundamental differences when faced with a situation of urgent need. Therefore investing in Bitcoin is better to ensure that the income of funds is consistent and also gets maximum returns. Investment in Bitcoin is indeed long term because now the market capitalization is very large.

Your perspective on long-term Bitcoin investment is insightful, emphasizing the historical trends and the potential for significant returns. While the idea of holding for the long term has proven beneficial for many, it's crucial for every investor to approach cryptocurrency with careful consideration. The market's volatility and unpredictable nature require thorough research, risk assessment, and an understanding of individual financial goals. Diversification and staying informed about market dynamics are key elements in navigating the cryptocurrency landscape. Your advice to potential investors to make informed decisions and prepare for market fluctuations is well-noted. As always, it's recommended to seek professional advice and stay updated on market trends before making any investment decisions.

We've been reminding a lot of people that every time we're approaching the halving, they should buy. And even there's no halving, as long as the market is on the dip, we also tell them to buy.

Honestly, we've been telling them to buy at any season that they can buy. Because no matter what happens, all we have to do is to wait and patiently buy.

The reward and profit is there at the end of the long wait but whoever loses his patience won't get the most from holding Bitcoin.

OP may be predicting the price based on the history of Bitcoin. We all know that we cannot accurately predict the future price of Bitcoin but the currency has a cycle that it has always followed. Even with the current price, Bitcoin has already started changing the financial lives of many people.  


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.

There is no certainty that bitcoin will make a new ATH and bring profits to many bitcoin holders. But as a bitcoin investor, we have the right to be optimistic and believe that history will repeat itself, bitcoin will increase in price and create a higher ATH. But you are right, we can be optimistic but not subjective, we should still have a backup plan if bitcoin fails to create a new ATH, history does not repeat itself. The future is something no one can predict or be certain of, so there must always be a backup plan for every situation.

Bitcoin wasn't designed for short term investment, more typically it was created as an alternate currency against the shortcomings of fiat currency with it's proneness to inflation and centralized regulations that takes financial freedom and privacy out of the  hands of the ordinary man. Gradually with the value bitcoin started to gain investors rather now saw it as an hedge to profit making through a long time holding duration of the coins. Bitcoin is nothing like altcoins and if anyone would make tangible profit it's only through a long time holding strategy and you can do that through DCAing and lump sum buying.