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Topic: LONG TERM BITCOIN BUYERS - page 9. (Read 9573 times)

legendary
Activity: 2450
Merit: 1047
June 11, 2016, 08:16:57 PM
#55
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?

In my opinion and case 1 year is what long terms to me,the price of bitcoin is changing fast in just a span of one year although holding it for a long period of time is very profitable because all this years the price is upwards..
hero member
Activity: 966
Merit: 507
June 11, 2016, 06:45:03 PM
#54
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?

Of course, for many other investment instruments 5 years seem a reasonable long term, but in everything related to technology five years is actually an eternity. I think one year is really a long time talking about bitcoin speculation.
legendary
Activity: 924
Merit: 1002
June 11, 2016, 05:22:11 PM
#53
Long term investing in cryptocurrency is at least two years for me. I rather do short term. Bitcoin volatility is good for short term investment.
hero member
Activity: 896
Merit: 1000
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June 11, 2016, 04:53:30 PM
#52
Well most of us are long term holders right? The believers will hold for at least 3/4 years but to me 1 year seems good to re-analyse and even redistribute my ssets.
hero member
Activity: 644
Merit: 500
June 11, 2016, 04:22:26 PM
#51
I think now there is no any down fall to the bitcoin, so we can consider the same long term for bitcoin also which we use for other things, and because of halving in  this year I will say we can keep our money to more than 5 years in bitcoin without any fear.
hero member
Activity: 1092
Merit: 523
June 11, 2016, 02:12:26 PM
#50
For me 3 months is enough i can't stay to much long holding bought bitcoin i just use it for trading purposes to increase the amount of bitcoin so that i can make more profit once the price of bitcoin are increased..
That's not even considered long term. In fact, that's actually considered short-term.
But everyone has it's preferences and just like you said, that much amount of time is used for trading purposes and actually, most traders use even shorter time like weeks, days, hours even.
sr. member
Activity: 266
Merit: 250
June 11, 2016, 09:09:12 AM
#49
For me 3 months is enough i can't stay to much long holding bought bitcoin i just use it for trading purposes to increase the amount of bitcoin so that i can make more profit once the price of bitcoin are increased..
newbie
Activity: 7
Merit: 0
June 11, 2016, 09:03:52 AM
#48
Long term for me is about 2 years.
legendary
Activity: 2954
Merit: 1159
June 11, 2016, 08:54:30 AM
#47
in my view long term investment average is 1 year more but in every investment we should not look on a single viewpoint but rather look at the situation when the price has gone up a lot in less than 1 year, then you have to sell these investments to get a profit.

The people who invest for long term in bitcoins can get a lot of profit as the price always increase from time to time.
legendary
Activity: 1442
Merit: 1016
June 11, 2016, 08:53:20 AM
#46
Long term to me means to hold at least for 5 years!
2 years I see more as a mid term investment.
And everything under 1 year is short term orientated imo.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
June 11, 2016, 07:50:39 AM
#45
i think a couple of years is a good period for keeping bitcoin and considering it as a long term investment.

this couple of years can start with one or two years and keep on going to the longer time like 5 or 6 years. when things have changed for bitcoin and it is more adopted in the world so it has a higher price
legendary
Activity: 1708
Merit: 1018
June 11, 2016, 06:48:02 AM
#44
my longterm in crypto - from 6 monthes up to 18 monthes. But i prefer short or middle term investing
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
June 11, 2016, 06:46:32 AM
#43
i vote for 5 years or more.
because i am holding bitcoin until the future when bitcoin is popular. and i am not only waiting for temporary rises for a quick profit.
i am waiting for the day to come so that i can see the real benefit of using bitcoin everywhere in the world.
hero member
Activity: 574
Merit: 500
June 11, 2016, 06:46:30 AM
#42
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, long term buying is probably looking into the very long term future. If I was buying for long term, then I would be buying for when bitcoin becomes a global currency. And that's probably minimum half a decade.

But it seems like you're just promoting your site here.
hero member
Activity: 518
Merit: 500
June 11, 2016, 06:43:19 AM
#41
in my view long term investment average is 1 year more but in every investment we should not look on a single viewpoint but rather look at the situation when the price has gone up a lot in less than 1 year, then you have to sell these investments to get a profit.
hero member
Activity: 1092
Merit: 520
June 11, 2016, 06:25:48 AM
#40
To me more than 5 years is longterm and is when you will c the real gains in bitcoin.  Grin
sr. member
Activity: 378
Merit: 250
June 11, 2016, 06:01:24 AM
#39
Long term for me is probably close to 5-10 years. However, I wouldn't suggest holding BTC for this long, considering the volatility in price throughout the history of bitcoin. The maximum that I would probably hold is 2 years and then sell.  Smiley
full member
Activity: 154
Merit: 100
June 11, 2016, 05:57:00 AM
#38
If you are using the word long term, so its mean invest your bitcoin for 5 year, or may be more. otherwise less than 5 years investment so it is not long term way.
Secondly, investment need some time, than it would  give you good profit, and the big investors always doing it. I am also doing investment, and now i m getting profit, but when i was starting it, it was difficult for me, passing the time we can manege it.     
legendary
Activity: 3080
Merit: 1500
June 11, 2016, 05:38:50 AM
#37
Long term means 5 years or more as per the traditional investment. That is why government gives you a benefit of "long term capital gain" if you hold any investment for more than 5 years.

However, bitcoin investment is not a conventional investment and you should consider more than 5 years if you are investing in bitcoin. Remember one thing, that bitcoin will not be available after 2023. So invest wisely and hold it till your retirement if you want to make your dream come true. That is what I am planning too.
full member
Activity: 126
Merit: 100
June 11, 2016, 04:43:52 AM
#36
I'm in for the 10 years +, before I even consider selling Wink
Only 6 years,cause 10 years is too long to wait.. i will hold my bitcoins for only 6 years, maybe month of december.
Cause its shopping time. I cant wait for 10 years.
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