Well, what are you waiting for? Buy bitcoin now or atleast accumulate as much as possible and hodling for the long-term and wish that you have the patience to wait for a really long time so you can profit when the prices are much higher than the current price that the market is in.
A very famous revolving quote around this forum goes like this "the best time to invest is 5 years ago. the second best would be now." It makes total sense when you realize the or at the very least envision the opportunities and potentials that bitcoin would be stepping into come 5 years into the future. To strip yourself from being part of that is a grave mistake. bitcoin is a literal "buy now or regret later" venture at this point. 
Topic: No BTC Holding is risky - page 6. (Read 1031 times)
At this point bitcoin has already established its place in the market and had been keeping its position quite solid for the past few years. It would be a waste indeed if we are not to invest even a small percentage of our money meant for investing and crypto in such a valuable asset with high potential for profits. Although the fear and the doubts are justified, knowing that there isn't really a big and full-blown use-case basis for bitcoin unlike its successors in the market, the profitability severely counteracts this, making it still one of the biggest coins in the market up to this day.
I believe more in holding bitcoin for a long time even this is less risk that will be faced compared to altcoins which looks very tempting to me this is only temporary while bitcoin will be better for a long time, even imagine what the bitcoin price will be if I hold from now on?
When the bear market came I just wanted to take a safer position with fiat money but if it was back to normal and the market had shown a recovery then I bought back the crypto I chose of course 50% was bitcoin as a reserve at the beginning.
When the bear market came I just wanted to take a safer position with fiat money but if it was back to normal and the market had shown a recovery then I bought back the crypto I chose of course 50% was bitcoin as a reserve at the beginning.
There will be nothing to lose as long as we can be patient and wait. BTC is a very profitable asset, especially if you bought it a few years ago, you want to sell it at any price it will still make a profit. Likewise today, if we buy BTC now and we can patiently wait for the next few years, then we will get multiple profits.
It all depends on how brave the trader is in taking risks, because many traders panic when they see bitcoin prices fall in the market, but for those who believe in strong bitcoin fundamentals, they will certainly hold bitcoin for a long time, as you said if we buy bitcoin was cheap a few years ago, of course we would be profitable now, but some traders (including me) have even sold my bitcoins when the price had reached ATH at that time, but thankfully I was able to buy bitcoins back when the price dropped around $28K and I plan to keep it until halving day happens.
There will be nothing to lose as long as we can be patient and wait. BTC is a very profitable asset, especially if you bought it a few years ago, you want to sell it at any price it will still make a profit. Likewise today, if we buy BTC now and we can patiently wait for the next few years, then we will get multiple profits.
legendary
Activity: 2268
Merit: 2327
Marketing Campaign Manager |Telegram ID- @LT_Mouse
What can I say except that you had a completely wrong strategy when you were thinking in the direction of "Will we ever see $ 10k per BTC?", and this was my answer.
I wish I were not totally get out of BTC, atleast holding certain percentage. That was a bad move certainly but what can I do now. I was planning to wait some more months but it doesn’t seem like we will see the dump anytime soon, maybe never in my range to get in.Well, now I'm considering atleast going with DCA so that I don’t have to miss the train totally.
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.
What can I say except that you had a completely wrong strategy when you were thinking in the direction of "Will we ever see $ 10k per BTC?", and this was my answer.
So far, investing in BTC has always been profitable if a person knows how to control himself in the moments when the market is in the red, but some people are persistently looking for alternatives and betting on the wrong things. As someone who has been on the forum for a long time you should have learned some things - this is the year after halving, buy every dip and hold, pretty easy.
Well, what are you waiting for? Buy bitcoin now or atleast accumulate as much as possible and hodling for the long-term and wish that you have the patience to wait for a really long time so you can profit when the prices are much higher than the current price that the market is in.
Just go with the flow then. Take all previous actions as a reference for a better decision in the future.
That's the challenge, how to benefit and take advantage whether it's bull or bear. We don't have crystal balls to tell us exactly what will happen in the future so regrets are part of the game. What if the price went down more after selling some of our coins? Then our verdict is, we did the right thing. We can come back again and again in the event that there's no BTC left on our precious stash.
We just need to think outside the box or better, totally removed the box.
Not that fiat or the stablecoin is also not safe. How.do we protect our profit whenever the bear market enters?
USD is just not good for holding due to money printing and inflation. But its also not safe to hold BTC if bear market starts. It gets confusing what do to to keep the value.
One that I might do is invest a real estate property after earning and hold the rest as stabelcoin. Wait for coin prices to drop before buying back POS coins.
legendary
Activity: 2576
Merit: 1043
Need a Marketing Manager? |Telegram ID- @LT_Mouse
I still remember the time when I'm still trading.
As per my experience, it is full of stress. Watching the charts, seeing where to enter and after entering you will find an exit price and if the movement didn't go your way you will feel stressed to the point that you will be forced to cut losses because of wrong decisions.
With holding, the only risk is having a paper loss but with patience and time you can put your paper loss away so in short there isn't any risk at all. That is why I'm just holding Bitcoin right now instead of trading or at least buying here and selling there. I might do it sometimes but not daily (like once a month at least or a week). Fiat is slowly devaluing that is why investing your money into different assets will hedge your funds
. Hold Bitcoin or at least any asset that isn't that risky.
As per my experience, it is full of stress. Watching the charts, seeing where to enter and after entering you will find an exit price and if the movement didn't go your way you will feel stressed to the point that you will be forced to cut losses because of wrong decisions.
With holding, the only risk is having a paper loss but with patience and time you can put your paper loss away so in short there isn't any risk at all. That is why I'm just holding Bitcoin right now instead of trading or at least buying here and selling there. I might do it sometimes but not daily (like once a month at least or a week). Fiat is slowly devaluing that is why investing your money into different assets will hedge your funds
. Hold Bitcoin or at least any asset that isn't that risky. 
I don't think it's a good concept of risk. You know, ceteris paribus, risk vs return, if you don't own BTC you are not exposed to the risk, thus you are not exposed to the profit. Not owning BTC isn't risky, since you are aren't putting any money.
If you remove ceteris paribus, I can say: not having a good income is risky, even riskier than not owning BTC, since you can buy BTC any time even if only a fraction if you have money.
If you remove ceteris paribus, I can say: not having a good income is risky, even riskier than not owning BTC, since you can buy BTC any time even if only a fraction if you have money.
Hodl or long term is a very good move and will generate good profits, the most important thing is to be consistent and don't be tempted by small profits if you want to get very big profits.
I don't like to trade to get enough returns because for me it's not enough and besides I don't have the skills and also don't have much time, this industry is our opportunity and also it should be wise to take the opportunity to get good profit, Hodl and term long is the best option to get results and also to avoid worry and panic when the price drops.
I don't like to trade to get enough returns because for me it's not enough and besides I don't have the skills and also don't have much time, this industry is our opportunity and also it should be wise to take the opportunity to get good profit, Hodl and term long is the best option to get results and also to avoid worry and panic when the price drops.
Every investment will have it's risky and I am really sure you know about that. If you want to buy bitcoin or invest in bitcoin, you must how much money you will use and keep your money on other things that you feel you can accept the risk. Forget about other people saying that bitcoin is bad or bitcoin will scam you or other news because that will depend on yourself and it is better to ask your heart about what you want to do with your USDT. Using bitcoin for long-term investment will not make you disappointed while using altcoin for the long-term can make you regret it because the price will be too risky compare to bitcoin price.
Well, we tend to make short trading trying to take advantage of the market movement, but also tend to lose everytime we sell earlier in anticipation of an incoming dump.
It kinda make sense for that someone who posted that statement on tweeter, because the moment you take fragments of your Btc for another alts, you might get into a bigger risk than just holding your Btc.
It kinda make sense for that someone who posted that statement on tweeter, because the moment you take fragments of your Btc for another alts, you might get into a bigger risk than just holding your Btc.
It's a missed opportunity, I don't see BTC holding risky though, specially if you are in for the long term.
But I do agree with the fiat de valuing overtime, so BTC all the way.
History already tells us that those early bag holders who chooses not to sell are reaping the rewards. Perhaps we can learn a lot from them, there are no secret formula here, but buy during the dip and have that mentality to hold and sell some if you have gain huge profits already.
But I do agree with the fiat de valuing overtime, so BTC all the way.
History already tells us that those early bag holders who chooses not to sell are reaping the rewards. Perhaps we can learn a lot from them, there are no secret formula here, but buy during the dip and have that mentality to hold and sell some if you have gain huge profits already.
It seems that this statement is true but sometimes we are tempted to see such a huge pump in altcoins. which makes us to invest in these altcoins and hope to make a profit in a short time. investing in the long term with a large enough capital clearly bitcoin is the solution.
Actually, we can't call it as "risky". Because it feels weird. Rather than being risky, we would miss a very big opportunity to e.g. double or triple our investment in the long run. We don't have to invest a very high amount like tens of thousands of dollars into Bitcoin for example. Even if we make an invesment which is worth around a few thousand dollars or less for example, we would make a lot of profit.
And I believe that the best place to make an investment for a long term is definitely Bitcoin. Maybe you can be a daily trader or a short term investor in general. But I recommend all people to buy some Bitcoin also and to HODL it for years even it's needed to reach your goal. I say "your goal" considering you set a price goal to sell when it's achieved. It's an important action to take also.
And I believe that the best place to make an investment for a long term is definitely Bitcoin. Maybe you can be a daily trader or a short term investor in general. But I recommend all people to buy some Bitcoin also and to HODL it for years even it's needed to reach your goal. I say "your goal" considering you set a price goal to sell when it's achieved. It's an important action to take also.
Sometimes we really had to go and experience the worst, to realized that we are indeed in the wrong path. But it's not the end, you can still make it in the finish line, although it will be hard as the price of bitcoin is now above $40k and going to $50k at least this year.
So the better approach is just to continue to stack sats whenever you can and save for the long haul. Maybe in the next 1-2 years, you can have that much bitcoin in your wallet that can make you profits at least in fiat value.
So the better approach is just to continue to stack sats whenever you can and save for the long haul. Maybe in the next 1-2 years, you can have that much bitcoin in your wallet that can make you profits at least in fiat value.
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.
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.
There's no risk if you don't own anything but you cannot also earn if good things happen with bitcoin so its not a win-win situation for a person who always dump their coins since in the long run you cannot see a great result and will just regret on why you didn't hold before while the price is so cheap. But can't blame people to do this since not everyone can able to handle the risk since its really hard to predict how the market go.
Yes, saving Fiat the value has never been higher, but it has actually decreased. Holding BTC with the right strategy and patience to holding it long-term will provide more benefits than Fiat, save Fiat only to meet daily needs and a few percent for the rest of the reserves, our assets will be better in the form of BTC or Altcoins with clear development.
Jump to: