I think with the current price of bitcoin comparable to 2 years ago, bitcoin is still a good investment, I think holding it for the long term will be better and can be profitable
Long term is always secure for every time so those are invest short term they only hard to survive in all the time. Most of the peoples are concentrate day trading so Holding is the always successful investment in crypto platform. Short term and mid term trading also good investment in crypto so everything is depends on the each knowledge. 
Topic: Is Bitcoin a Good Investment? Does Hodl Work? (Read 908 times)
I think bitcoin is a good investment tool because it can provide greater benefits than stock or gold market investments. but of course the risk of loss is also greater bitcoin. and in my opinion the key to success in investing in bitcoin is patience. we must be patient and hold bitcoin until bitcoin is pumping. if we want to make a big profit we have to hold our bitcoins for at least a year.
and of course we must always monitor and analyze bitcoin movements. so that we don't make the wrong decision.
and of course we must always monitor and analyze bitcoin movements. so that we don't make the wrong decision.
In this market, if you want to invest long term, Bitcoin is definitely the best choice. In the long term, it will certainly help investors make a profit, but it depends on their patience. Investing altcoins is a risky investment choice, because there are so many altcoin scams and they are useless altcoins.
Exactly, stay away from altcoins. You're just not diversifiying from the asset when investing in altcoins, you just put a rollercoaster on top of a rollercoaster.
Hodl strong guys.
The chances to find this 'one' profitable altcoin are as high as your needle in the haystack. Put also the time investment to find it and registration period to actually also buy it and store it in a safe way, that is truly not worth it.
In this market, if you want to invest long term, Bitcoin is definitely the best choice. In the long term, it will certainly help investors make a profit, but it depends on their patience. Investing altcoins is a risky investment choice, because there are so many altcoin scams and they are useless altcoins.
Exactly, stay away from altcoins. You're just not diversifiying from the asset when investing in altcoins, you just put a rollercoaster on top of a rollercoaster.
Hodl strong guys.
I think with the current price of bitcoin comparable to 2 years ago, bitcoin is still a good investment, I think holding it for the long term will be better and can be profitable
Looking at how "bad" the past 2 years have been for bitcoin, and out of curiosity and because many people don't know if Hodling does or doesn't actually work, I have decided to make an excel sheet and see if Hodling does work for the course of long period of time.
In this study, I imagine average Joe who joined the bitcoin market right at the peak (17/12/2017) and bought his first BTC for $20,089.00, average Joe bought the same amount of bitcoin every month from that time to (17/12/2019) or a total period of 2 years.
...
In this study, I imagine average Joe who joined the bitcoin market right at the peak (17/12/2017) and bought his first BTC for $20,089.00, average Joe bought the same amount of bitcoin every month from that time to (17/12/2019) or a total period of 2 years.
...
There are just too many variables now included in the price action of the crypto market (most especially Bitcoin), the fad of hitching a ride with the "next big investment scheme" has gradually faded away. Now, Bitcoin's true value will be tested not just by price action, but essentially by its utility, and quite frankly utility has improved in over a decade.
A buddy of mine came to the conclusion that this hodling concept should only be relatively considered. There are many ways to stay in profit while handling Bitcoin, whether you employ cost averaging or not. You could also consider the derivative market (yeah, yeah, risky...), but the point is someone somewhere is definitely always in the green regardless of how the market swings.
In this market, if you want to invest long term, Bitcoin is definitely the best choice. In the long term, it will certainly help investors make a profit, but it depends on their patience. Investing altcoins is a risky investment choice, because there are so many altcoin scams and they are useless altcoins.
Exactly, stay away from altcoins. You're just not diversifiying from the asset when investing in altcoins, you just put a rollercoaster on top of a rollercoaster.
Hodl strong guys.
Bitcoin is a good investment but this depends largely on your investment strategies. For instance whiles holding you might want to switch to stable cryptocurrencies in terms of extreme volatility. The price of bitcoin will hit an all time high again and you don't want to miss this opportunity of not having in store some amount of gold coins
as far as I know, hodl is still very profitable. this is the end of the year, so comparing bitcoin initial price with current prices is very important to look at, because 1 year can also be considered a long-term investment. The initial price for 1 bitcoin is $ 3700, while the current bitcoin price on CMC is $ 7400, the difference is $ 3700. if you have a minimum of 3 bitcoin that has been arrested since the beginning of the year, then you are sure to get a profit of $ 10k for the assets that you hold. doesn't that still work? moreover, many forecasts of the price of bitcoin will rise in the coming year. 
I still think that bitcoins best kind of profit is only when you hold long enough, for the past 10 years that showed to be the greatest profit you could make. I am not saying it is always a great idea, yes if you bought from any price above 7 thousand dollars you are not profiting right now but also looking at the past 10 years there have been a total of maybe 5-6 months with any price over 7 thousand dollars, rest always went down and down, so maybe just because there was a small period when price was higher shouldn't affect peoples ideas that holding is a good strategy.
I still have some bitcoins aside and I will keep growing that as much as I can, I don't care if it goes under 3 thousand one day, I will keep getting more and more because I know when that skyrockets I will be capable of retiring.
People would already have different insights yet price is already way too high unlike into its few years where you can potentially earn on big multipliers but now the price had I still have some bitcoins aside and I will keep growing that as much as I can, I don't care if it goes under 3 thousand one day, I will keep getting more and more because I know when that skyrockets I will be capable of retiring.
risen up to 7k and when you do enter then 14k do need for having 2x which i dont see to be worth of the wait.Active trading would be preferable but as we all know
that doing such thing do have greater risk thats why its better to hodl instead rather than risking into things which you cant be sure of.
All things differ on what people's like if they want to hodl since they don't know how to trade correctly then it will perfectly good for them but if they know on how works will with tradings then engaging with the risk of day trading will be a solid decision in this current market condition since the market is pretty much movable which is good for accumulating a small daily percentage profits.
I still think that bitcoins best kind of profit is only when you hold long enough, for the past 10 years that showed to be the greatest profit you could make. I am not saying it is always a great idea, yes if you bought from any price above 7 thousand dollars you are not profiting right now but also looking at the past 10 years there have been a total of maybe 5-6 months with any price over 7 thousand dollars, rest always went down and down, so maybe just because there was a small period when price was higher shouldn't affect peoples ideas that holding is a good strategy.
I still have some bitcoins aside and I will keep growing that as much as I can, I don't care if it goes under 3 thousand one day, I will keep getting more and more because I know when that skyrockets I will be capable of retiring.
People would already have different insights yet price is already way too high unlike into its few years where you can potentially earn on big multipliers but now the price had I still have some bitcoins aside and I will keep growing that as much as I can, I don't care if it goes under 3 thousand one day, I will keep getting more and more because I know when that skyrockets I will be capable of retiring.
risen up to 7k and when you do enter then 14k do need for having 2x which i dont see to be worth of the wait.Active trading would be preferable but as we all know
that doing such thing do have greater risk thats why its better to hodl instead rather than risking into things which you cant be sure of.
In this market, if you want to invest long term, Bitcoin is definitely the best choice. In the long term, it will certainly help investors make a profit, but it depends on their patience. Investing altcoins is a risky investment choice, because there are so many altcoin scams and they are useless altcoins.
I still think that bitcoins best kind of profit is only when you hold long enough, for the past 10 years that showed to be the greatest profit you could make. I am not saying it is always a great idea, yes if you bought from any price above 7 thousand dollars you are not profiting right now but also looking at the past 10 years there have been a total of maybe 5-6 months with any price over 7 thousand dollars, rest always went down and down, so maybe just because there was a small period when price was higher shouldn't affect peoples ideas that holding is a good strategy.
I still have some bitcoins aside and I will keep growing that as much as I can, I don't care if it goes under 3 thousand one day, I will keep getting more and more because I know when that skyrockets I will be capable of retiring.
I still have some bitcoins aside and I will keep growing that as much as I can, I don't care if it goes under 3 thousand one day, I will keep getting more and more because I know when that skyrockets I will be capable of retiring.
its working for me.
i have cold wallet. and when my salary comes, i send fixed fiat to my exchange and buy BTC and HODL. until i reach my target. this target mean buy anything, vacation or just target amount of BTC.
and start again.
in this way BTC is a really good investment for me.
I’m still doing this right now while the price of bitcoin is still cheap and I believe on cost averaging method and when the bull comes, taking profit is my next action. Holding works but remember not to hold forever, once it reach your target price then you have to let go your bitcoin and buy later when the price corrects. i have cold wallet. and when my salary comes, i send fixed fiat to my exchange and buy BTC and HODL. until i reach my target. this target mean buy anything, vacation or just target amount of BTC.
and start again.
in this way BTC is a really good investment for me.
its working for me.
i have cold wallet. and when my salary comes, i send fixed fiat to my exchange and buy BTC and HODL. until i reach my target. this target mean buy anything, vacation or just target amount of BTC.
and start again.
in this way BTC is a really good investment for me.
i have cold wallet. and when my salary comes, i send fixed fiat to my exchange and buy BTC and HODL. until i reach my target. this target mean buy anything, vacation or just target amount of BTC.
and start again.
in this way BTC is a really good investment for me.
right, targeting the investments we make for bitcoin does not have to wait until a sharp increase occurs, when it feels beneficial, it is the happiness we feel and whenever we can enjoy the benefits
its working for me.
i have cold wallet. and when my salary comes, i send fixed fiat to my exchange and buy BTC and HODL. until i reach my target. this target mean buy anything, vacation or just target amount of BTC.
and start again.
in this way BTC is a really good investment for me.
i have cold wallet. and when my salary comes, i send fixed fiat to my exchange and buy BTC and HODL. until i reach my target. this target mean buy anything, vacation or just target amount of BTC.
and start again.
in this way BTC is a really good investment for me.
right, targeting the investments we make for bitcoin does not have to wait until a sharp increase occurs, when it feels beneficial, it is the happiness we feel and whenever we can enjoy the benefits
Bitcoin is a good investment but this depends largely on your investment strategies. For instance whiles holding you might want to switch to stable cryptocurrencies in terms of extreme volatility. The price of bitcoin will hit an all time high again and you don't want to miss this opportunity of not having in store some amount of gold coins
its working for me.
i have cold wallet. and when my salary comes, i send fixed fiat to my exchange and buy BTC and HODL. until i reach my target. this target mean buy anything, vacation or just target amount of BTC.
and start again.
in this way BTC is a really good investment for me.
This way of holding is really an easy way to increase the value regularly. There will be different target value for different users, achieving that specific value surely takes time. In the mean time why don't you make use of the price variations buying low and selling high. When this is practiced it helps in multiplying the value in the cold storage. With this it is possible to make the capital grow and also can experience the benefits of long term holding. i have cold wallet. and when my salary comes, i send fixed fiat to my exchange and buy BTC and HODL. until i reach my target. this target mean buy anything, vacation or just target amount of BTC.
and start again.
in this way BTC is a really good investment for me.
its working for me.
i have cold wallet. and when my salary comes, i send fixed fiat to my exchange and buy BTC and HODL. until i reach my target. this target mean buy anything, vacation or just target amount of BTC.
and start again.
in this way BTC is a really good investment for me.
i have cold wallet. and when my salary comes, i send fixed fiat to my exchange and buy BTC and HODL. until i reach my target. this target mean buy anything, vacation or just target amount of BTC.
and start again.
in this way BTC is a really good investment for me.
Each successive bull cycle has suggested that hodling works. It's a long term investment strategy so it shouldn't be judged over a matter of months. If/when the market makes a new ATH like 2013 and 2017, it'll be proven yet again as a solid investment strategy.
There is always no good profits every month or every year, especially with bitcoin because we all know that bitcoin is really unstable and with that scenario, it depends on our decision whether we want to sell it already or wait for more months or years before selling because at this point it has a long time now that we are in dips and its getting dipper.
^ Because you are looking at your crypto asset per week or just months. That is not as easy as that, because when we talked about long term investment it is usually taken down years, not just a month or weeks. I agree that bitcoin is good for investment and holding for a long term or let your bitcoin sleep for how many years in your wallet and of course, make it sure that you have invested that you can afford to lose not just a family budget. Jump to: