Let's understand about what can be the actual long term holding... - page 3.

justdimin

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

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

Yeah, but many people get know about bitcoins only by the times of ATH hence they invest bitcoins at the end of bull market or at the beginning of bear markets and then blame bitcoins. Halving should be the factor that every investor must follow for the perfect timing of investment. If they miss a right timing then they still have second chance to correct that by leaving their positions open for more than 4 years.

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

If we stick with basics of investments then we can easily convert deep bear markets of bitcoin into moderate ones.

People rush for profits which lead all of us experience high volatile. At the same time, when majority of bitcoin investors turn 'real' long term holders, I agree that we will have moderate bear market, who knows probably we may have relatively sideways market as well.

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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.

I don't think they are right. As far as my understanding of hodling is concerned, I think these people are not hodlers. They are just keeping their Bitcoin inactive for a while after rounds of trading, but they're not hodlers. And weeks and months are not long term. Long term should be years. It is possible for a trader to lie low for months while the market is always red. But he is not necessarily shifting to hodling. He could get in once again anytime when the market is turning green already. Or it's possible he's just waiting for the swing. But he's not a hodler.

Jawhead999

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Everyone already know Bitcoin has 4 year cycle or having event since they're look on the Bitcoin history where the ATH difference is 4 years, the first is 2017 and the next is 2021, so many people predict the next ATH will be on 2025. But is there any 100% guarantee Bitcoin will make new ATH on 2025? no one know, so just invest what you can afford to lose. I think the reason why Bitcoin daily volume trading is high because some people want to learn trading.

goinmerry

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There's no right approach as what matters here is, it should be effective for investors.

You can't just say to others that they should do this, should do that, should do, etc. because we all have different strategies.

Let others do their respective own way of how to take advantage of "long-term holding".

kro55

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Many people mistakenly believe that long-term holding is just weeks or months because they see the hype of altcoins, most altcoins are hyped after launch and people also think bitcoin works similarly to altcoins but unfortunately bitcoin doesn't work like that.

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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.

This is also part of the reason I choose to invest in bitcoin over stocks. Researching to invest in stocks that can bring profits in the long term is difficult because there are so many stocks that need to be analyzed and compared to choose from. But for the crypto market, it takes me only a little bit of time to choose a long-term investment, just choosing bitcoin and choosing the right time to buy is enough.

Kelvinid

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People must understand that making a profit here in crypto doesn't just come in just a few days unless you are in trading.
But because we are talking about holding - this means that it takes months to years or even decades, from short-term to long-term holding.

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What is a short-term investment?
If you’re making a short-term investment, you’re often doing so because you need to have the money at a certain time. If you’re saving for a down payment on a house or a wedding, for example, the money must be at the ready. Short-term investments are those you make for less than three years.
https://www.bankrate.com/investing/best-short-term-investments/

So if we are talking about long-term investment, that for sure it is more than that and it depends on how long we have to keep our investment running.
Because this is a game of patience and sadly, not all have that winning strategy as they mostly fall into short-term.

GeorgeJohn

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Quote from: _BlackStar on November 29, 2022, 04:34:09 PM

Long term investments should be multi-year investments where the holders must be willing to put up with market fluctuation and avoid them as much as possible. They just need to be optimistic that in the long term bitcoin can provide good return for the holder even though no one can guarantee return. They shouldn't ignore risk, it's more important than aiming for big long-term gains.

However, there is nothing to force, they can be holders for 2-4 years, 3-5 years, or 10 years, the important one they know that bitcoin is the best investment in the long term.

Actually you are right, some people misunderstand the scenario of long term investment in cryptocurrency, I'm referring us during the time Bitcoin were established, and people who happen to purchase Bitcoin at affordable price and kept for more years, they made a reasonable profit through the increment of Bitcoi. So long investment of for some years are best that can give an investor a mega profit due to bullrus of Bitcoin over the years.

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A long-term perspective is what makes Bitcoin investment to be a not do-or-die affair and one should buy Bitcoin with the money one can afford to forget for a very long time, so this requires a lot of patience to achieve. I agree with you on the 10-year investment cycle you mentioned and the waiting period becomes less stressful when you are not holding funds in Bitcoin that you will be needing for urgent needs but being set aside for good period. Giving Bitcoin a month or 1 year investment time frame may not give the desired profits results, as a matter of fact, you can lose your money investing for a short period base, but if it covers at least to cycle which is 4 years x 2 which equal 4 years, you can be guaranteed of making a fortune from a littler investment from this time, considering now that the price of Bitcoin is low.
Not only Bitcoin, but other assets in the Bitcoin category such as Gold, and silver need long-term strong for good profits margin, I am and am still an advocate of long-term holding for profits maximization, but above all, one needs to do their own research to get a personal conviction before deciding to invest and to what period he/she is willing to wait.

_BlackStar

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Long term investments should be multi-year investments where the holders must be willing to put up with market fluctuation and avoid them as much as possible. They just need to be optimistic that in the long term bitcoin can provide good return for the holder even though no one can guarantee return. They shouldn't ignore risk, it's more important than aiming for big long-term gains.

However, there is nothing to force, they can be holders for 2-4 years, 3-5 years, or 10 years, the important one they know that bitcoin is the best investment in the long term.

SquallLeonhart

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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.

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.

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.

Topic: Let's understand about what can be the actual long term holding... - page 3. (Read 431 times)