Let's understand about what can be the actual long term holding...

wxa7115

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Quote from: Oceat on December 06, 2022, 06:28:47 PM

It doesn't matter how long they hold it as long as they get the profit but if there are rules about holding then should everyone should follow but unfortunately, that's not how it works. In altcoins I can't say there's a long term holding since most of them are shit coins which is subject to pump and dump and you can't determine how long you would be holding since it's too volatile and risky.

Bitcoin on the other side is different since we knew how the market works and you can hold/invest in it as long as you know how the market works.

It is true that holding altcoins is simply too risky and no one should consider doing it for any significant amount of time, however despite we know that bitcoin is different, even bitcoin needs some time to help you increase your wealth.

So while it is true that as long as you have obtained profits you are doing things correctly, I still think that holding your coins for at least one complete cycle is not a bad idea, as someone which is able to do that will soon realize the advantage of holding for such a long time and will most likely keep holding their coins even in the most dire circumstances.

Vinaa77

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Quote from: iamsange on December 06, 2022, 06:43:23 PM

Quote from: Vinaa77 on December 06, 2022, 03:45:06 PM

We can invest in ways like this if the investment capital we have is so small or there is no special capital to invest. By leaving a little money in daily life, then investing in Bitcoin, of course, in a long time it will also be bigger. We can consider investments like this as savings. The surplus, if the price of Bitcoin increases, then we will get a bigger profit. In contrast to us saving money, the longer the value of the currency will be smaller. So Bitcoin is a better way for us to save.

At the end of last year I also had the thought of saving money in Bitcoin, meaning buying Bitcoin with savings which I consider everyday savings. Because for me it's also a very good thing to do because considering the benefits that can be obtained from increasing the price of Bitcoin are much greater. But for now everyone has to be more patient with all their investments because the market is still not showing good price increases.

Everyone will be worried when they see the current market conditions, but if we look back, this is not the first time this has happened. This means that the bullrun process will also occur in the future, it's just that we are waiting for the time. Interestingly, every time a Bitcoin bullrun always increases 10x from the lowest price. But at the moment we don't know if the current price is the lowest price, or it will continue.

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Quote from: iamsange on December 06, 2022, 06:43:23 PM

Quote from: Vinaa77 on December 06, 2022, 03:45:06 PM

We can invest in ways like this if the investment capital we have is so small or there is no special capital to invest. By leaving a little money in daily life, then investing in Bitcoin, of course, in a long time it will also be bigger. We can consider investments like this as savings. The surplus, if the price of Bitcoin increases, then we will get a bigger profit. In contrast to us saving money, the longer the value of the currency will be smaller. So Bitcoin is a better way for us to save.

At the end of last year I also had the thought of saving money in Bitcoin, meaning buying Bitcoin with savings which I consider everyday savings. Because for me it's also a very good thing to do because considering the benefits that can be obtained from increasing the price of Bitcoin are much greater. But for now everyone has to be more patient with all their investments because the market is still not showing good price increases.

By saving in bitcoins, we can get a greater amount of bitcoins when the price can decrease, let alone drop sharply. The number of bitcoins will continue to increase at this time, where the market tends to rise and fall, and sometimes the price drops even deeper. However, not many people can do it because many are afraid and worried about how long they have to save in bitcoins. But if they have determined how long they have to save in bitcoins, they shouldn't experience fear or panic instead, they can see it as an advantage to buying more bitcoins in times of downturn.

qwertyup23

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Quote from: SquallLeonhart on November 29, 2022, 04:15:11 PM

<..snip..>
For the people, who argue that they cannot lock $1000 for year then they should plan up for $50 or $100; that is very basic. If we stick with basics of investments then we can easily convert deep bear markets of bitcoin into moderate ones.

Personally, short/long-term investment of BTC varies on its price on the market. It is definitely absurd to think that if a person plans to HODL long-term but the price of BTC exploded like a week from the time he invested, then it is a no-brainer for that person to sell majority of his coins for profit.

Either focusing on short/long-term investment, people should study the actual market and determine a threshold in the price they want to sell their coins.

In the abovementioned example, let's say a person purchases $100 worth of BTC and the latter's price exploded after a week making his investment from $100-$300, then he should sell it. If he HODLs for long-term and the price decreased, then a loss would be incurred due to the decision of HODLing "long-term."

iamsange

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Quote from: Vinaa77 on December 06, 2022, 03:45:06 PM

We can invest in ways like this if the investment capital we have is so small or there is no special capital to invest. By leaving a little money in daily life, then investing in Bitcoin, of course, in a long time it will also be bigger. We can consider investments like this as savings. The surplus, if the price of Bitcoin increases, then we will get a bigger profit. In contrast to us saving money, the longer the value of the currency will be smaller. So Bitcoin is a better way for us to save.

At the end of last year I also had the thought of saving money in Bitcoin, meaning buying Bitcoin with savings which I consider everyday savings. Because for me it's also a very good thing to do because considering the benefits that can be obtained from increasing the price of Bitcoin are much greater. But for now everyone has to be more patient with all their investments because the market is still not showing good price increases.

Oceat

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It doesn't matter how long they hold it as long as they get the profit but if there are rules about holding then should everyone should follow but unfortunately, that's not how it works. In altcoins I can't say there's a long term holding since most of them are shit coins which is subject to pump and dump and you can't determine how long you would be holding since it's too volatile and risky.

Bitcoin on the other side is different since we knew how the market works and you can hold/invest in it as long as you know how the market works.

nara1892

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Quote from: Franctoshi on December 06, 2022, 02:38:41 PM

I understand that everybody cannot do the same thing at same time, we have short term holders 1- 6 months, mid term holders , 1-4 years and long term holders 5-10 years and above. Investors needs to categorize theirselves in any of this 3 categories and pick the one that suits you. However, if you as an investor that wants to invest into Bitcoin, you should consider nothing less than 4 years period to think of having profitable investment.

I personally prefer to be flexible in this case. Overall, I never classify which investor I am in, whether it's a long, medium or short term investor. but I always look at the current movement because indeed when something like this happens it is difficult to make guarantees and inevitably have to try longer than before but when my portfolio already has a profit in the amount that I am targeting then there is no reason for me to leave because my target was met even if it was only a few months.

Vinaa77

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Quote from: Moeda on December 06, 2022, 03:39:01 PM

Yes, leaving a little of the money we have and investing in Bitcoin in any amount will also bring changes with high value, this can be done by increasing the amount of investment every week or month with any amount.

We can invest in ways like this if the investment capital we have is so small or there is no special capital to invest. By leaving a little money in daily life, then investing in Bitcoin, of course, in a long time it will also be bigger. We can consider investments like this as savings. The surplus, if the price of Bitcoin increases, then we will get a bigger profit. In contrast to us saving money, the longer the value of the currency will be smaller. So Bitcoin is a better way for us to save.

Moeda

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Quote from: SquallLeonhart on November 29, 2022, 04:15:11 PM

I do see people come here and declare themselves as long term holders of bitcoin because they are holding for weeks to months; they are right because previously they were into intraday or sessional/trend trading which may not last for more than six months.

Of course those who say they hold Bitcoin will also trade with the Bitcoin they own. I think it's not a bad thing if we can take advantage of the opportunities that exist. It can also increase the amount of Bitcoin that will be held. But some others will hold Bitcoin without trading, as if they forgot about the Bitcoin they were holding. In general, people like this have a large number of assets.

Quote

For the people, who argue that they cannot lock $1000 for year then they should plan up for $50 or $100; that is very basic. If we stick with basics of investments then we can easily convert deep bear markets of bitcoin into moderate ones.

Yes, leaving a little of the money we have and investing in Bitcoin in any amount will also bring changes with high value, this can be done by increasing the amount of investment every week or month with any amount.

Franctoshi

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I understand that everybody cannot do the same thing at same time, we have short term holders 1- 6 months, mid term holders , 1-4 years and long term holders 5-10 years and above. Investors needs to categorize theirselves in any of this 3 categories and pick the one that suits you. However, if you as an investor that wants to invest into Bitcoin, you should consider nothing less than 4 years period to think of having profitable investment.

justdimin

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Quote from: bitterguy28 on December 06, 2022, 05:14:21 AM

Not holding completely , maybe hold some but other part must be in short term trading because there are altcoins that may move good bouncing than how bitcoin keeps showing .

I also changed my views about long term holding some times but also do this for part of my folio.

now there are several altcoins in my pocket that only waiting to be sold and re invest in other alts.

I never changed it, I just hold majority of my coins and even buy more to hold more as well, it's just a way to make a profit for me that I do not know any other way. Sure I do have a tiny bit of everything else as well, like literally 50 bucks to 100 bucks on 10-15 different small things, but they are very tiny on my portfolio because I do not really believe that they will give me riches, I think the money that you put on bitcoin is the key to success.

It will give you the capital to start making a lot of real money, and what I mean by real is the amount you could buy a house with, that type of money could get you real returns in the long run that you can live from as well if you make right choices.

traderethereum

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In investing in bitcoin, one should be aware that the course of bitcoin will fluctuate and there are about 4 years for the price to increase greatly.
But unfortunately, people tend only to be able to hold their bitcoins for a short time and start selling them when the price drops, which is not recommended by investors who have strong hands in holding bitcoins.
It is better to learn how to handle bitcoin properly so that it will give you profit in the future.
And buying bitcoins during a downturn can be a solution to owning more bitcoins because this is what investors who have already benefited from bitcoins are advised to do.

Jody.Drummer

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Quote from: peter0425 on December 06, 2022, 03:29:43 AM

Quote from: Crypto Legend on December 05, 2022, 08:32:42 PM

To get a large profit of 100% or more, we have to hold long -term hold, don't care about the prices that occur every day, but if the price continues to drop, the best choice is to buy, history proves since 2011 that the price of bitcoin can continue to rise when dropping, and The maximum time ever happened is 3 years.

it is still profitable to keep long term holding , but the problem is that nowadays people tend to seek earning short term as the altcoin had been showing the capacity to bring profit .

I hate to see people that wanted to see profit short term but panicking when they dont get what they wanted.

It is commonplace when many people want short-term profits with the aim of fulfilling their needs from short-term trading. The problem is they're doing that with money they have no intention of losing if they can't make a profit that fast, that's what makes people panic.
On the other hand long-term investing is the best way to take profits, but not everyone is prepared to wait that long because they want the sweet fruit as soon as possible.
Investment success is not only a matter of how we make a profit, but also how prepared we are to wait and can afford to lose. The virtuous cycles that we see on the market price charts year on year are not accompanied by the patience of some people to wait that long.

bitterguy28

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Quote from: GreatArkansas on December 05, 2022, 09:57:33 PM

Quote from: Crypto Legend on December 05, 2022, 08:32:42 PM

To get a large profit of 100% or more, we have to hold long -term hold, don't care about the prices that occur every day, but if the price continues to drop, the best choice is to buy, history proves since 2011 that the price of bitcoin can continue to rise when dropping, and The maximum time ever happened is 3 years.

I believe you don't need to hold long-term at all.
There are some investors or traders that are just very lucky or they are really expected that their entry is perfect timing which helps them not to wait any longer.
I am not telling that holding long-term is not good, because I'm doing, nothing wrong with it. Because it is already proven by Bitcoin over time.

Yes Not holding completely , maybe hold some but other part must be in short term trading because there are altcoins that may move good bouncing than how bitcoin keeps showing .

I also changed my views about long term holding some times but also do this for part of my folio.

now there are several altcoins in my pocket that only waiting to be sold and re invest in other alts.

peter0425

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Quote from: Crypto Legend on December 05, 2022, 08:32:42 PM

To get a large profit of 100% or more, we have to hold long -term hold, don't care about the prices that occur every day, but if the price continues to drop, the best choice is to buy, history proves since 2011 that the price of bitcoin can continue to rise when dropping, and The maximum time ever happened is 3 years.

it is still profitable to keep long term holding , but the problem is that nowadays people tend to seek earning short term as the altcoin had been showing the capacity to bring profit .

I hate to see people that wanted to see profit short term but panicking when they dont get what they wanted.

tygeade

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Quote from: GreatArkansas on December 05, 2022, 09:57:33 PM

There are some investors or traders that are just very lucky or they are really expected that their entry is perfect timing which helps them not to wait any longer.

To get the influence of luck factor in your trading or investment, long term holding is the simplest trick. If you are relying on your luck things, you may get maximum 10% success ratio whereas if you opt for long term holding then you will get up to 90% hitting ratio of your targets.

So, trading with the help of luck cannot be generalized and talking about that might lead like setting up wrong examples. I have seen my friends are trading blindly and I do call them as gamblers.

Quote from: GreatArkansas on December 05, 2022, 09:57:33 PM

it is already proven by Bitcoin over time.

Not just by bitcoin, all deflationary assets are marvellous in long term which is the reason gold and real estate are still worshipped by investors.

GreatArkansas

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Quote from: Crypto Legend on December 05, 2022, 08:32:42 PM

To get a large profit of 100% or more, we have to hold long -term hold, don't care about the prices that occur every day, but if the price continues to drop, the best choice is to buy, history proves since 2011 that the price of bitcoin can continue to rise when dropping, and The maximum time ever happened is 3 years.

I believe you don't need to hold long-term at all.
There are some investors or traders that are just very lucky or they are really expected that their entry is perfect timing which helps them not to wait any longer.
I am not telling that holding long-term is not good, because I'm doing, nothing wrong with it. Because it is already proven by Bitcoin over time.

Crypto Legend

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To get a large profit of 100% or more, we have to hold long -term hold, don't care about the prices that occur every day, but if the price continues to drop, the best choice is to buy, history proves since 2011 that the price of bitcoin can continue to rise when dropping, and The maximum time ever happened is 3 years.

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Quote from: palle11 on December 04, 2022, 11:57:31 AM

Quote from: SquallLeonhart on November 29, 2022, 04:15:11 PM

To enjoy the real benefits of bitcoin investments, you must plan up for covering 3 to 5 cycles of bitcoin markets. Waiting period of more than 10 years may sound unrealistic to many people but I like to suggest them to google to know about the real power of decade long holding of famous stocks.

Yeah you are right stocks take a longtime to mature for sell and sometimes bonds too. Sometimes people even forget that they have shares they bought, some invest in shares as youth to cash out out old age or retirement age.

You know people don't really like the waiting aspect of cryptocurrency, they feel it is just a quick money bonanza and don't understand that you actually need to wait for it to grab the fat profit. I think however that in cryptocurrency we can do a systematic investment during the time halving is closer Grin

If it were as simple as you say, probably everyone on this forum would have bought their own island a long time ago. But psychology works a little differently and only a few actually make money in this market. The rest panic and sell their assets. And the longer they try not to sell, the more fear they feel. As a result, some have the opportunity to buy at low prices, like now for example.

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Quote from: SquallLeonhart on November 29, 2022, 04:15:11 PM

I do see people come here and declare themselves as long term holders of bitcoin because they are holding for weeks to months; they are right because previously they were into intraday or sessional/trend trading which may not last for more than six months.

Holding an investment for weeks or months isn't a long-term investment, I think it is labeled as a short-term investment. Medium-term depends on the cycle of what they are holding but I think it is somewhere on six months to 2 years.

Quote from: SquallLeonhart on November 29, 2022, 04:15:11 PM

But, bitcoin's cycle is 4 year long which means your long term should cover at least one full cycle of bitcoin markets.

To enjoy the real benefits of bitcoin investments, you must plan up for covering 3 to 5 cycles of bitcoin markets. Waiting period of more than 10 years may sound unrealistic to many people but I like to suggest them to google to know about the real power of decade long holding of famous stocks.

Yeah, there were stocks which transformed long term holders to multi-millionaires for the investment of $100 to $1000. Luckily, we do not have to break our head to find the right stock for long term holding in this crypto space; it is only bitcoin but to get 1000x returns, we must learn patience.

I agree, if we may, we should hold our investment for a decade in order to see a great result. But to see Bitcoin to have 1000x return if we invest today is somehow fictional. A 100x is still somehow hard to get at the current price of BTC. ( I would love to be proven wrong though)

Quote from: SquallLeonhart on November 29, 2022, 04:15:11 PM

For the people, who argue that they cannot lock $1000 for year then they should plan up for $50 or $100; that is very basic. If we stick with basics of investments then we can easily convert deep bear markets of bitcoin into moderate ones.

Yeah it is better to have an investment even in small amounts than never had one.

Topic: Let's understand about what can be the actual long term holding... (Read 431 times)