The low risky way to hold Bitcoin. Buy Bitcoin now, i can't wait anymore - page 2.

Twinkledoe

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Quote from: Kasabus on May 21, 2020, 05:46:08 PM

Quote from: Findingnemo on May 21, 2020, 02:11:26 PM

Buy bitcoin and hold it for years, that the simple way to make profits from bitcoin but if have time and money and wanted to take more risks for more profits then there are lots of options available for you!

Hodling is still the simplest and safest way to make profits but it might take a long span of time. But i don't think that we should expose our total amount of holdings here in the forum because it's should be kept privately. It's very clear that OP is a big investor and his great investments might cause more volatility on bitcoin's price in the market.

And also, no one is asking about his btc holdings. It is better to keep those info to himself. Long term holding is fine as long as you know the risks involved and you don't need the money immediately. I also believe in bitcoin's potential in the future. But don't brag to others about how much btc you have, you'll never know what you will encounter in this forum.

Kasabus

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Quote from: Findingnemo on May 21, 2020, 02:11:26 PM

Buy bitcoin and hold it for years, that the simple way to make profits from bitcoin but if have time and money and wanted to take more risks for more profits then there are lots of options available for you!

Hodling is still the simplest and safest way to make profits but it might take a long span of time. But i don't think that we should expose our total amount of holdings here in the forum because it's should be kept privately. It's very clear that OP is a big investor and his great investments might cause more volatility on bitcoin's price in the market.

Findingnemo

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Bitcoin = Financial freedom

Buy bitcoin and hold it for years, that the simple way to make profits from bitcoin but if have time and money and wanted to take more risks for more profits then there are lots of options available for you!

bitgolden

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Yeah, I agree with everyone that you do not have to show proof because that is a sensitive document and should be kept to yourself just in case for security reasons. Aside from that there are tons of people who are doing this, the risks involved are minimal but there is also not as much money to be made from it as you might imagine. There is of course some profit to be made but not that much.

Hence, this is basically a method where you are not as little investor as someone who buys few hundred bitcoin and hodl, but you are not profiting like a guy who leverages 100x to right direction neither, its right in the middle. I like being in the middle, it allows you a lot bigger wiggle room and that is fine, however do not think of this as zero risk at all because its not zero.

vennali

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Quote from: mk4 on May 20, 2020, 11:24:33 PM

Quote from: yarlungzangbo on May 20, 2020, 09:11:19 PM

2. I will withdrawl the most part of my bitcoin to my personal address( will do and show txid here.)

You really don't need to show us proof here.

Quote from: yarlungzangbo on May 20, 2020, 09:11:19 PM

4. Long put options at deribit , the position almost equal to point2 , the expiration is June20

I'm personally long bitcoin on the long term, not sure if that position is a good idea though, as I'm quite short on bitcoin in the short term(though I'm not placing my bets), and 1 month is quite a short and risky timespan. Best of luck with that bet.

Yeah, With BTC going back close to 9.1k. I have my fingers ready to trigger a long call at Sparrow Exchange. I understand why OP has long puts though. You gotta be very careful with crypto, especially being so volatile.

OP have you tried Sparrow Exchange? Deribit is good with all the options but, With Sparrow's new mobile friendly UI. Trades are essentially just 1 click away. Its a lot simpler to trade.

yarlungzangbo

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Quote from: mk4 on May 20, 2020, 11:24:33 PM

Quote from: yarlungzangbo on May 20, 2020, 09:11:19 PM

2. I will withdrawl the most part of my bitcoin to my personal address( will do and show txid here.)

You really don't need to show us proof here.

Quote from: yarlungzangbo on May 20, 2020, 09:11:19 PM

4. Long put options at deribit , the position almost equal to point2 , the expiration is June20

I'm personally long bitcoin on the long term, not sure if that position is a good idea though, as I'm quite short on bitcoin in the short term(though I'm not placing my bets), and 1 month is quite a short and risky timespan. Best of luck with that bet.

Yeah, i bet on market drop, then i may earn more coins! :p

BitcoinTurk

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You don't need to prove that you bought here, after all you just shared your ideas and thoughts. Also, I would like to say that although it is a positive thing for a person or a business to buy so much, it is not a good thing for a single person or a business to have so much Bitcoin. Yes, there may have been such a large purchase with the bullish prospect, but it should not be forgotten that with such a large amount, a very serious sales wave can occur and the price can vary greatly. On the other hand, although your transaction is profitable now, there is a possibility that you may have panic buy because of the news you read.

SvonioneFromMangoCoinz

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I think this is a fairly hasty decision for you. you are losing the patience of the whales and being forced to buy at such high prices. After a few more weeks the bear team will just wake up and maybe you can buy it for a better price. Listen to me, you should sell 2/3 of the bitcoins you have bought now and hold USDT. In just a few weeks, you can buy 10 - 15% cheaper. Wink

Latviand

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Quote from: Sanitough on May 20, 2020, 11:28:12 PM

If big investors are buying, this will make bitcoin more volatile, of course it could go pump and dump anytime but the fact that they are buying, they should be seeing something big coming in the future. Holding that amount, we can already consider them as one of the whales.

For small investors like us, we can always hold, if the market will pump or will start its bull run, it could come anytime, just like in the past, we haven't expect it so we didn't see it coming but the market is proven to be bullish even in just a very short period of time, which we could see it happen again.

This is just like a play safe strategy, you don't want to deal with the risks, you will just be careful about your moves in investing bitcoin that's why you prefer to hold. There's nothing wrong with that, but you also need to learn that sometimes you need to buy and sell bitcoin depending on the timing where it is necessary for you to do that.

You can't defy the risk, but if you practice risk management in your trading strategy, it will become more profitable to you as you minimize the risks. Our predictions and speculations will serve as our basis in the actions that we will do with our assets. Whales are also dependent on the market just like most of us, the only thing that they do is to hold more bitcoin without really doing what is necessary for their investment. They are the first one to suffer when to bitcoin's price drop for a long period of time.

Sanitough

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If big investors are buying, this will make bitcoin more volatile, of course it could go pump and dump anytime but the fact that they are buying, they should be seeing something big coming in the future. Holding that amount, we can already consider them as one of the whales.

For small investors like us, we can always hold, if the market will pump or will start its bull run, it could come anytime, just like in the past, we haven't expect it so we didn't see it coming but the market is proven to be bullish even in just a very short period of time, which we could see it happen again.

mk4

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Quote from: yarlungzangbo on May 20, 2020, 09:11:19 PM

2. I will withdrawl the most part of my bitcoin to my personal address( will do and show txid here.)

You really don't need to show us proof here.

Quote from: yarlungzangbo on May 20, 2020, 09:11:19 PM

4. Long put options at deribit , the position almost equal to point2 , the expiration is June20

I'm personally long bitcoin on the long term, not sure if that position is a good idea though, as I'm quite short on bitcoin in the short term(though I'm not placing my bets), and 1 month is quite a short and risky timespan. Best of luck with that bet.

yarlungzangbo

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Activity: 126

Merit: 12

Recently , the news about Grayscale was shocked me, they bought over 60k bitcoins in the past 100days , that means GBTC are holding 300K+ Bitcoins now.
And the fund from America like Renaissance Technology ,Paul Tudor Jones are both joined CME bitcoin futures trading, i think it means a lot.

Maybe this year , the market will have big change, individual investors are losing their advantage now.

So i bought BTC last month it cost about 1/2 of my assets and i will show what did i do:

1. I bought BTC at binance
2. I will withdrawl the most part of my bitcoin to my personal address
3. The other part of bitcoin were transfered to my deribit account
4. Long put options at deribit , the position almost equal to point2 , the expiration is June20

What will i get?

1. I will hold my Bitcoin by myself
2. I will never got liquidation by any contract
3. If Bitcoin pump to a high price, i only lose my premium but i earn more
4. If Bicoin drop to a low price, i won't lose much money and i will earn more Bitcoin
5. If Bitcoin to da moon, se ya all guys on the moon :p

Topic: The low risky way to hold Bitcoin. Buy Bitcoin now, i can't wait anymore - page 2. (Read 285 times)