No BTC Holding is risky - page 3. | Bitcointalksearch.org

SquallLeonhart

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Quote from: btc78 on August 21, 2021, 07:29:46 AM

Never spend or sell all your bitcoin never again , though there is a need to cash out yet always maintain some funds inside because we never know what will happen next day.

Honestly when I was entering into bitcoin adoption, I was fixing some big target levels and ones those targets will be achieved I was in plan to exit crypto space all at once. But, after gaining knowledge about bitcoin ecosystem and its futures, I slowly changed my plans and now I'm in plan to keep my bitcoins till my of life and I will suggest my kids to keep on investing and holding bitcoin forever so that they might be getting better financial life compared to replying on other traditional investment opportunities.

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in investing of course we must have a target time

I don't think so; at least with respect to bitcoin investments. The longer you will be holding bitcoins, the better benefits you could enjoy.

btc78

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Never spend or sell all your bitcoin never again , though there is a need to cash out yet always maintain some funds inside because we never know what will happen next day.
bitcoin is simply amazing interms of volatility and also the capacity to change the market over time is there.

___________________________________________

Hope that this will serve as example for all people engaging in Bitcoin that by any chances , invest in bitcoin even with small amount because once this reach a million value , everyone will feel the bitterness like what OP had now.

Oceat

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Quote from: Boov on August 19, 2021, 07:59:22 PM

No it won't be devalued, fiat still very important in order for bitcoin to establish a promising value that's worth for our investments. I can't argue that it's risky to hold, but that doesn't mean we're giving up on whatever risk it is. Over time Bitcoin potential on profit gaining still became more valuable than any other coins that exist in every trading sites.

I think the right term for that is deflation and yes, fiat is getting deflation because the government keeps making money out of thin air.

And if you are talking about how risky Bitcoin is, you should do some research first if you aren't confident how to manage the risk of owning a Bitcoin or how you will get a profit just by owning it. Most people just sold out all of their Bitcoin when in 2017 bull run because they just bought too late which means they buy when the price is almost in the peak and then boom, correction hits. That's the fault of most people who don't know when to hodl or when to sell or buy.

DarkIT

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Quote from: Little Mouse on August 12, 2021, 11:08:29 PM

I have sold my BTC earlier @$31k-$35k range long ago. I have invested in altcoin then and made some great profits although I had to lose 50% at the end. Now, I own almost no cryptocurrency other than USDT and a few trash coins.

Yesterday, I was scrolling newsfeed on twitter and got someone tweeted like this, "No BTC holding is risky.' This is somewhat true when I thought it deeply. Now, I got the same feeling. It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

It's a fact, we should for longer to get profit. For example 60 days as a targets from the investment date. In one day, you get profit before the value of 60 days. Holding will sure earn us a profit. Don't sell with minimum profit, when you inverse the value of 1000$. Don't sell with the profit of 10$.Atleast wait for the profit of 100$ from the 1000 dollars investments.

Devifajarina

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Quote from: Little Mouse on August 12, 2021, 11:08:29 PM

I have sold my BTC earlier @$31k-$35k range long ago. I have invested in altcoin then and made some great profits although I had to lose 50% at the end. Now, I own almost no cryptocurrency other than USDT and a few trash coins.

Yesterday, I was scrolling newsfeed on twitter and got someone tweeted like this, "No BTC holding is risky.' This is somewhat true when I thought it deeply. Now, I got the same feeling. It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

I agree with the tweet, basically bitcoin has a good opportunity to invest, even though the market conditions are not good and normal, today only bitcoin is the only one that can provide the best value in any market conditions.

There is no Bitcoin holding at great risk, compared to the survival of several other coins currently on the market, in an in-depth study it is precisely bitcoin that can survive and become the best coin from the past until now, not even a single coin can replace it. they.

bitterguy28

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Quote from: Little Mouse on August 12, 2021, 11:08:29 PM

I have sold my BTC earlier @$31k-$35k range long ago. I have invested in altcoin then and made some great profits although I had to lose 50% at the end. Now, I own almost no cryptocurrency other than USDT and a few trash coins.

Yesterday, I was scrolling newsfeed on twitter and got someone tweeted like this, "No BTC holding is risky.' This is somewhat true when I thought it deeply. Now, I got the same feeling. It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

it's sad that this took you more than 3 years to realize that tweet mate , when we as campaign participants and you as Manager have always opportunity to keep the holding of our precious bitcoins.
Lucky i am because at least when i sold my Bitcoins at 59k , i keep the funds in USDT and bought back recently at 35k value, meanong all my funds increased more than 50% now and i may say being a Proud Bitcoin supporter but practical in not Holding permanently but doing what i think is best to keep my funds increasing.
though all my crypto payments from bounties are now keeping safe for holding.

Fundamentals Of

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That is why it is said that it is wiser to own Bitcoin rather than not owning at all. It is said that it is net positive to own Bitcoin. I would even say that even if Bitcoin is as high as $100,000, it is still net positive to buy an amount if you don't have any yet. The prospect of Bitcoin is getting brighter each day. It would definitely get brighter as the world is going fully digital.

We should leave even a little amount in our wallet even if we sell the rest with a profit. The room for growth is still very big.

Boov

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Quote from: Little Mouse on August 12, 2021, 11:08:29 PM

I have sold my BTC earlier @$31k-$35k range long ago. I have invested in altcoin then and made some great profits although I had to lose 50% at the end. Now, I own almost no cryptocurrency other than USDT and a few trash coins.

Yesterday, I was scrolling newsfeed on twitter and got someone tweeted like this, "No BTC holding is risky.' This is somewhat true when I thought it deeply. Now, I got the same feeling. It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

No it won't be devalued, fiat still very important in order for bitcoin to establish a promising value that's worth for our investments. I can't argue that it's risky to hold, but that doesn't mean we're giving up on whatever risk it is. Over time Bitcoin potential on profit gaining still became more valuable than any other coins that exist in every trading sites.

Oilacris

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Quote from: adzino on August 18, 2021, 08:00:58 PM

Quote from: Little Mouse on August 12, 2021, 11:08:29 PM

I have sold my BTC earlier @$31k-$35k range long ago. I have invested in altcoin then and made some great profits although I had to lose 50% at the end. Now, I own almost no cryptocurrency other than USDT and a few trash coins.

Yesterday, I was scrolling newsfeed on twitter and got someone tweeted like this, "No BTC holding is risky.' This is somewhat true when I thought it deeply. Now, I got the same feeling. It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

Not completely true. It's risky if you hold it for short term. It's risky if you don't handle your coins properly. Say, you are holding your bitcoins in a custodial wallet where a third party controls your private keys. Then it's risky. Hold your bitcoin in an exchange, there is a change the exchange might get hacked and you lose your coins.
If you safely store your coins and hold it for long term, then yeah, the risk is then very small. But risks still exists and you need to keep that in mind.

Risk on losing your money/coins literally through exchange/platforms hacks & Risk on losing your money when it comes to volatility.These are the primary risk that you should think off not just when you are simply holding

then you are already get rid of the risk.It would always be next on line or always been part and you should really be minding about the possible ways that it could be hacked nor lost.

As an investor then its just normal that you would really be that mindful about lessening the risk and as you do gain experience and skills and knowledge you would certainly able to handle that.

batang_bitcoin

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Quote from: blue_nexus15 on August 19, 2021, 07:37:23 AM

I think, Not only does fiat depreciate due to banknote printers, but when you play the lottery with altcoins, it will also be subject to bitcoin .

There's a chance with very few altcoins that can pump more than 100% but the risk is very much high. Unlike buying and holding bitcoin, you're like in a safe haven that you don't have to think of that much risk because it's the best and safest of them all despite being highly volatile. And most of the altcoins are also affected with every bitcoin's drop and rise.

Quote from: blue_nexus15 on August 19, 2021, 07:37:23 AM

So, it's best to hold bitcoin and prioritize it for a drawer before thinking about diversifying into altcoins

Exactly, this is where others get it wrong. They prioritizes different thing rather than owning bitcoin first.

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Quote from: Little Mouse on August 12, 2021, 11:08:29 PM

"No BTC holding is risky.' This is somewhat true when I thought it deeply. Now, I got the same feeling. It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

I think, Not only does fiat depreciate due to banknote printers, but when you play the lottery with altcoins, it will also be subject to bitcoin . So, it's best to hold bitcoin and prioritize it for a drawer before thinking about diversifying into altcoins

rahmatrf331

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Quote from: adzino on August 18, 2021, 08:00:58 PM

Quote from: Little Mouse on August 12, 2021, 11:08:29 PM

I have sold my BTC earlier @$31k-$35k range long ago. I have invested in altcoin then and made some great profits although I had to lose 50% at the end. Now, I own almost no cryptocurrency other than USDT and a few trash coins.

Yesterday, I was scrolling newsfeed on twitter and got someone tweeted like this, "No BTC holding is risky.' This is somewhat true when I thought it deeply. Now, I got the same feeling. It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

Not completely true. It's risky if you hold it for short term. It's risky if you don't handle your coins properly. Say, you are holding your bitcoins in a custodial wallet where a third party controls your private keys. Then it's risky. Hold your bitcoin in an exchange, there is a change the exchange might get hacked and you lose your coins.
If you safely store your coins and hold it for long term, then yeah, the risk is then very small. But risks still exists and you need to keep that in mind.

besides holding, following the trade is better, because we can manage finances better, as today's condition bitcoin is fluctuating from $47k down to $44k. this is another chance to buy before bitcoin breaks through $47k again. so on the sidelines such a trade can manage finances well. Of course with a system like this the risk of loss can be minimized, it turns into more profits.

adzino

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Quote from: Little Mouse on August 12, 2021, 11:08:29 PM

I have sold my BTC earlier @$31k-$35k range long ago. I have invested in altcoin then and made some great profits although I had to lose 50% at the end. Now, I own almost no cryptocurrency other than USDT and a few trash coins.

Yesterday, I was scrolling newsfeed on twitter and got someone tweeted like this, "No BTC holding is risky.' This is somewhat true when I thought it deeply. Now, I got the same feeling. It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

Not completely true. It's risky if you hold it for short term. It's risky if you don't handle your coins properly. Say, you are holding your bitcoins in a custodial wallet where a third party controls your private keys. Then it's risky. Hold your bitcoin in an exchange, there is a change the exchange might get hacked and you lose your coins.
If you safely store your coins and hold it for long term, then yeah, the risk is then very small. But risks still exists and you need to keep that in mind.

ultrloa

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Quote from: ?? on ??

This will be a lesson. I feel you will become a btc holder with a strong mentality. Investing in bitcoin will take a long time to reap the rewards, let everyone say bad things about it, you will enjoy something they didn't expect.

That's why there are few people placed in history that they are lucky to earn millions of dollars because they have strong balls to hodl their BTC for long years but if other investors cannot handle to take long term since they easily get affected by volatility maybe daily profit taking is good for them and we should think that at the end of the day profit still profit and we shouldn't take anything bad since people have different timelines in their earnings.

jostorres

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Quote from: ShowOff on August 18, 2021, 12:30:17 PM

There is no risk-free investment including bitcoin and other crypto investment, but the risk involved in these investment is so far worth the long term reward for the holder. There is no such thing as bitcoin holders being harmed by price fluctuation, early investors can generate an ROI of thousand of percent and hundred of percent more if they buy a few years after bitcoin is traded. Bitcoin is always a good choice to have in an investor's portfolio in the short or long term. Losing PK's and wallet hacking are risk that will greatly irritate the holder.

I guess sure there is no "risk free" investment but look around the world, bitcoin is as risk free as it gets. Even the banks that give savings account profits which are tiny amounts compared to what other investments could bring, even sometimes they fail and just bankrupt, we haven't seen too much of that in western nations frequently but it has been a thing in many nations over course of decades, and that is the most "risk free" thing I can think of.

Bitcoin is nothing like that, in the world of assets, investments, banks, fiat, crypto and everything else you can think of bitcoin is the most risk free thing you can imagine. So when one thing is the "most" in a thing, you just call it as risk free as it gets, unless you get hacked or something, it is going to be fine. If you know what you are doing then you will keep your money safe as well.

ShowOff

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Quote from: StreakW on August 18, 2021, 12:12:40 PM

I think BTC Holding is the winner.

Yes, if they really know how to properly secure their asset and wallet.

Quote from: StreakW on August 18, 2021, 12:12:40 PM

You have to be able to maintain it consistently and not have to constantly monitor the market to help you make decisions. To relieve feelings of stress and anxiety due to large price fluctuations, Bitcoin should be something you should hold on to for a while. Consistency in investing is very necessary. Assets that have been held for 1-5 years will have a real impact and performance. Obviously takes a long time, but will yield consistent performance.

There is no risk-free investment including bitcoin and other crypto investment, but the risk involved in these investment is so far worth the long term reward for the holder. There is no such thing as bitcoin holders being harmed by price fluctuation, early investors can generate an ROI of thousand of percent and hundred of percent more if they buy a few years after bitcoin is traded. Bitcoin is always a good choice to have in an investor's portfolio in the short or long term. Losing PK's and wallet hacking are risk that will greatly irritate the holder.

imstillthebest

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you shouldnt divert the issue in fiat but your issue here is supposed to be altcoins or shitcoins .
you sold your btc to buy them and in the end you loose more than you gain because you hold the wrong coin but you could have gain more if only you got contented on holding your btc alone . there is a risk in holding a btc because of its nature but not as big as other coins out there .

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I think BTC Holding is the winner. You have to be able to maintain it consistently and not have to constantly monitor the market to help you make decisions. To relieve feelings of stress and anxiety due to large price fluctuations, Bitcoin should be something you should hold on to for a while. Consistency in investing is very necessary. Assets that have been held for 1-5 years will have a real impact and performance. Obviously takes a long time, but will yield consistent performance.

rahmatrf331

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Quote from: uneng on August 16, 2021, 03:42:49 PM

Quote from: Ngemmeng on August 16, 2021, 03:13:12 AM

Quote from: ?? on ??

This is the ironic part when people say that Bitcoin is risky when not holding Bitcoin and only holding fiat is more risky if they ever want a chance of being richer than they are.

What are the risks of holding fiat money?
holding bitcoin and holding fiat money is different, holding bitcoin can be interpreted as an investment but holding fiat money is not an investment. they say bitcoin is risky because the bitcoin price is very volatile which can cause a sudden decline in the asset.

The risk is that you hold fiat for too long until inflation decreases your money's value along the years or that you make a low return investment that will be worthless anyway to overcome inflation with its gains (popular saving account traditional banks offer to their customers).

Fiat isn't safe as many people still imagine. Depending the fiat currency and the variety of investments you have access, it can be much more risky and dangerous than simply holding bitcoin on long run.

people who always hold fiat and are afraid to invest in bitcoin, they are classified as people who are afraid to take risks and don't expect them to be successful people.
investing in digital money is very vulnerable to risk, but you need to be patient so that there is no panic selling, then your risk will be reduced. investing in bitcoin includes a high risk but holding bitcoin for a long time, you are a successful person in the future.

uneng

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Quote from: Ngemmeng on August 16, 2021, 03:13:12 AM

Quote from: ?? on ??

This is the ironic part when people say that Bitcoin is risky when not holding Bitcoin and only holding fiat is more risky if they ever want a chance of being richer than they are.

What are the risks of holding fiat money?
holding bitcoin and holding fiat money is different, holding bitcoin can be interpreted as an investment but holding fiat money is not an investment. they say bitcoin is risky because the bitcoin price is very volatile which can cause a sudden decline in the asset.

The risk is that you hold fiat for too long until inflation decreases your money's value along the years or that you make a low return investment that will be worthless anyway to overcome inflation with its gains (popular saving account traditional banks offer to their customers).

Fiat isn't safe as many people still imagine. Depending the fiat currency and the variety of investments you have access, it can be much more risky and dangerous than simply holding bitcoin on long run.

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