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Topic: LONG TERM BITCOIN BUYERS - page 4. (Read 9602 times)

legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
December 23, 2016, 11:57:27 AM
There's no guarantee that holding for just 1 year will give you better returns than 5 years, you just have to be tactical and know when to sell and when to buy. At the moment it's good to buy and hold but sell as soon as you notice a decline of more than 10$

It is not a good time to buy right now. The rate map looks crazy and can go down anytime. Volatility is high right now so it is better to sell right now coz whatever you get for the btc you sell is definitely high that what you bought for.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
December 23, 2016, 10:55:18 AM
i think long term bitcoin buyers is a range in six month until one years, and we can see that many people which have bitcoin is saving their bitcoin into their wallet from last year although its only small amount including me. but its different if we have mining and we save it in cold wallet and never release our bitcoin until we see the high price.
sr. member
Activity: 686
Merit: 253
December 23, 2016, 09:35:04 AM
There's no guarantee that holding for just 1 year will give you better returns than 5 years, you just have to be tactical and know when to sell and when to buy. At the moment it's good to buy and hold but sell as soon as you notice a decline of more than 10$
legendary
Activity: 1372
Merit: 1005
December 23, 2016, 08:01:07 AM
For me I will consider long term for bitcoin atleast 1year.
I dont want to invest or hold for more than 5years because
Bitcoin is fluctuating and volatile price. So, I would consider
for 1 year only, this gives me a big profit already.

To see the price value from the last year to this year. Its almost double the value as of now. So you can get value in future, if you hold some big amount bitcoin in the sense. Its fluctuations always lead big pump only in most of the time.
hero member
Activity: 896
Merit: 514
December 23, 2016, 07:41:39 AM
iam hold bitcoin is under 3 month
because my type trading, inday trade
every day is take profit iam selling my balance
good idea to hold your bitcoin for 3 month and i hope your will get a big profit from bitcoin in next month because bitcoin price increasing too much faster and there is a lot of people get profit in high amount form bitcoin .
hero member
Activity: 588
Merit: 500
December 22, 2016, 05:51:02 PM
iam hold bitcoin is under 3 month
because my type trading, inday trade
every day is take profit iam selling my balance
hero member
Activity: 1428
Merit: 506
December 22, 2016, 01:12:20 PM
For me I will consider long term for bitcoin atleast 1year.
I dont want to invest or hold for more than 5years because
Bitcoin is fluctuating and volatile price. So, I would consider
for 1 year only, this gives me a big profit already.
hero member
Activity: 2786
Merit: 902
yesssir! 🫡
December 22, 2016, 12:15:50 PM
5 years is not enough for me for something to be considered long term. It must be 10 years+ but since bitcoin is

volatile and the price fluctuates from time to time, A part of me is hesitating to keep it for that long that's why I

dont just keep them but I trade a portion of them from time to time and the profit will go to a different investment.
legendary
Activity: 1652
Merit: 1000
December 22, 2016, 07:17:15 AM
We need to act for a purpose. Long term bitcoin buyers must be having some definite plans because planning for future with investments only possible if you are having a strong belief with bitcoin ecosystem.
Yes, there are two different factors we need to consider when we are planning to hold bitcoin for long period of times. The first one must be chances of benefits we are going to enjoy to hold bitcoin for longer duration and the second one must be future of that investments.

I believe another third factor will be possible like for what reason we need to hold even the above two factors are completely true.
For sure Bitcoin is the best long term investment considering its continous upward trends, but I think we should not focus on Bitcoin and forget other digital currencies, some digital currencies are a good long term investment as well, Ethereum and some other coins have been growing fast, I prefer to invest in other digital coins in addition to Bitcoin, from the perspective that says: do not put all your eggs in one pasket
for long term holding i think bitcoin is the best digital currency although some altcoins have potential to growth but still risky for me especially with the current price while bitcoin has raising up in these few days but altcoins market more likely to down trend so in my opinion if your aiming good profit holding bitcoin is more secure rather than the particular altcoins
sr. member
Activity: 330
Merit: 250
Silverlink
December 22, 2016, 12:30:34 AM
If I am a buyer, I would choose long term base, in the years goes by the bitcoin will increased in fiat currency. I have read articles about the price of bitcoin. In year of 2013, the price bitcoin dropped from $250 to around $50. The price rose up then dropped down, it's rapidly changed but now it is stable and it will rise up the price. The price of per bitcoin now is around PHP 42000 or $840. So, let's enjoy our life in bitcoin world.

Yeah, in 2013 market was crazy, but thats how bitcoin works, when it drops is always the anticipation of an upcoming rise..
hero member
Activity: 686
Merit: 510
December 22, 2016, 12:26:49 AM
If I am a buyer, I would choose long term base, in the years goes by the bitcoin will increased in fiat currency. I have read articles about the price of bitcoin. In year of 2013, the price bitcoin dropped from $250 to around $50. The price rose up then dropped down, it's rapidly changed but now it is stable and it will rise up the price. The price of per bitcoin now is around PHP 42000 or $840. So, let's enjoy our life in bitcoin world.
hero member
Activity: 644
Merit: 500
Transact Safer / Chase Better
December 21, 2016, 11:47:11 PM
It seems bitcoin investors are increasing day to day so for long term investment on bitcoin more than 6+ years because the value of the bitcoin will decrease in every four years because every four years there will be bitcoin halving, may be many people think that there will price fall at the time halving. So to increase it's again it will take another 2 years so my plan to wait for 6 years is the best choice.
newbie
Activity: 56
Merit: 0
December 21, 2016, 05:21:12 PM
For me I guess long term is around 1 year the reason I normally save bitcoins so that I can have more money if the value goes up and try new investment opportunities. I think bitcoin will grow every year as it finally crossed 800 as in like this moment
hero member
Activity: 924
Merit: 500
December 21, 2016, 04:39:49 PM
We need to act for a purpose. Long term bitcoin buyers must be having some definite plans because planning for future with investments only possible if you are having a strong belief with bitcoin ecosystem.
Yes, there are two different factors we need to consider when we are planning to hold bitcoin for long period of times. The first one must be chances of benefits we are going to enjoy to hold bitcoin for longer duration and the second one must be future of that investments.

I believe another third factor will be possible like for what reason we need to hold even the above two factors are completely true.
For sure Bitcoin is the best long term investment considering its continous upward trends, but I think we should not focus on Bitcoin and forget other digital currencies, some digital currencies are a good long term investment as well, Ethereum and some other coins have been growing fast, I prefer to invest in other digital coins in addition to Bitcoin, from the perspective that says: do not put all your eggs in one pasket
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
December 21, 2016, 03:55:54 PM
We need to act for a purpose. Long term bitcoin buyers must be having some definite plans because planning for future with investments only possible if you are having a strong belief with bitcoin ecosystem.
Yes, there are two different factors we need to consider when we are planning to hold bitcoin for long period of times. The first one must be chances of benefits we are going to enjoy to hold bitcoin for longer duration and the second one must be future of that investments.

I believe another third factor will be possible like for what reason we need to hold even the above two factors are completely true.
legendary
Activity: 2968
Merit: 3684
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December 21, 2016, 03:12:21 PM
Long term investment is only works with big amount of the money. Because it will take a long time to rolling your money.
If it big, it's not a problem.

Why is that? I don't believe only long term investments work with tons of money.
You can act the same way whenever you are small or big.

Care to explain your reasoning?

I'll give an example =) most banks all over the world offer higher interest rates for bigger deposits. In my country, for example, you can earn maybe 0.5% interest annually on a savings account for minimum wage, assuming you put in all your salary every month. If you are earning 2 or 3 times min wage, you get about 1% interest.

Now if you're wealthy and can put in 10x minimum wage you can earn up to 4% annually.

So, perhaps if you only have $100 you might think of a short-term investment (buying bitcoin and holding it for a few months to make 10%. But if you have $1 million you won't mind the low-risk $40,000 a year Smiley
member
Activity: 102
Merit: 10
December 21, 2016, 11:15:19 AM
Long term investment is only works with big amount of the money. Because it will take a long time to rolling your money.
If it big, it's not a problem.

Why is that? I don't believe only long term investments work with tons of money.
You can act the same way whenever you are small or big.

Care to explain your reasoning?
hero member
Activity: 910
Merit: 525
December 21, 2016, 10:48:55 AM
Long term investment is only works with big amount of the money. Because it will take a long time to rolling your money.
If it big, it's not a problem.
legendary
Activity: 1386
Merit: 1058
December 21, 2016, 08:00:51 AM
Long term for me is 10 years, and i believe bitcoin will still survive at that point, and i believe bitcoin will become very valuable, i can see the bright future of bitcoin, I think bitcoin will be shine in the future, seeing from the bitcoin growth is a good idea to hold bitcoin as a long term investment
Choosing a long term must be based on your current age. I guess you will retire in next to 10 years or you will be having very big commitment in next 10 years (like will be starting a new business / you're planning marriage or higher education for your children).

We never need to worry about the survival of bitcoin. Because bitcoin will stay with the human for ever. It is highly recommended to buy bitcoin for long term and hopefully we are all doing the right thing as of now what we could do.
Right. We need to act for a purpose. Long term bitcoin buyers must be having some definite plans because planning for future with investments only possible if you are having a strong belief with bitcoin ecosystem. I am just saving my bitcoins with the long term plans like using them in my local stores when they start accepting (surely I will not cash out my bitcoin nor I will not use bitcoin debit cards).
hero member
Activity: 3150
Merit: 937
December 21, 2016, 06:50:50 AM
In traditional investments, long term is most often considered to be a minimum of 5 years. But bitcoin seems to live its life in hyper drive, hence the question to the bitcoin world, what is long term to the average bitcoin investor?

For me the long term bitcoin investor holds his bitcoins for more than 1 year.

It depends of the  bitcoin price,not the time people are holding their bitcoins.
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