Topic: The reason to hodl bitcoin (Read 802 times)
Bitcoin is a new, secure, time-limited and global currency. It has a stock-to-flow economic model, so the value of Bitcoin will increase over time. It is a great money-making opportunity when investing in Bitcoin. The truth is that Bitcoin has increased millions of times since it was born and it continues to increase in price.
As a cryptocurrency with a significant margin, Bitcoin has greater liquidity compared to other cryptocurrencies.
This allows users to retain their substantial value when converting Bitcoin into fiat currency.
This is different from other cryptocurrencies. most of that currency cannot be directly exchanged for fiat currency. In fact, some lose value when they are exchanged.
This allows users to retain their substantial value when converting Bitcoin into fiat currency.
This is different from other cryptocurrencies. most of that currency cannot be directly exchanged for fiat currency. In fact, some lose value when they are exchanged.
very many reasons to keep holding bitcoin because it is a very valuable asset in the future that can earn very large profits. right now the world is in an era of increasingly developing technology and crypto offers a lot of convenience in transacting even though many countries are still against it because it is different from their country's financial system I think it is natural but behind all of that there are currently very many bitcoin enthusiasts and users high and that greatly affects the price. I think it's a very strong reason for us to keep holding bitcoin for a profitable future.
We all know that Bitcoin is increasingly recognized and closer to humans from time to time because all its advantages are very helpful for human life in terms of economic conditions. In addition to the higher value, because it is able to push the financial side... of course this is the main reason to hold Bitcoin and stay close to Bitcoin, it is clear that this will last a long time until the future which becomes a new era when crypto is more prominent and plays a very important role, such as the future currency.
People had to think that Bitcoin is just a nonsense creation before but they are wrong. The creator had never failed and it is clear to see that we are going to huge adoption. Little by little, we're moving towards what serves as the purpose of this creation. Now, it is to find out that the value of Bitcoin is increasing together with the numbers who are currently using this as a form of currency. We don't just hold because of its market value but because we are seeing this become the currency in the future aside from fiat.
There are a lot of reasons why i hold Bitcoin and don't sell them. I have now 0.56 Bitcoin in my wallet. I hold them because Bitcoin is the most potential coin. Day by day people are interested in it. For this reason its value and demand increasing also. The Price can go $100k in anytime. This is not impossible for Bitcoin. But i know for touching this price it can took 6 months, 1 year or more. But i don't have panic. So i hold them for future. Hopefully i will get a huge profit from it.
but it would be nice if you determine the selling price and buying price again because it can make your investment grow. if you do nothing and just keep holding the amount of bitcoins you have will not increase. but the decision is in your hands because to do so requires a fairly complicated analysis.
We all know that Bitcoin is increasingly recognized and closer to humans from time to time because all its advantages are very helpful for human life in terms of economic conditions. In addition to the higher value, because it is able to push the financial side... of course this is the main reason to hold Bitcoin and stay close to Bitcoin, it is clear that this will last a long time until the future which becomes a new era when crypto is more prominent and plays a very important role, such as the future currency.
The value of Bitcoin has been rising. More and more people understand Bitcoin.
Bitcoin can alleviate a little bit of inflation caused by fiat currency.
The future is closely linked to Bitcoin.
Investing in Bitcoin and buying Bitcoin are now an opportunity.
Bitcoin can alleviate a little bit of inflation caused by fiat currency.
The future is closely linked to Bitcoin.
Investing in Bitcoin and buying Bitcoin are now an opportunity.
There are a lot of reasons why i hold Bitcoin and don't sell them. I have now 0.56 Bitcoin in my wallet. I hold them because Bitcoin is the most potential coin. Day by day people are interested in it. For this reason its value and demand increasing also. The Price can go $100k in anytime. This is not impossible for Bitcoin. But i know for touching this price it can took 6 months, 1 year or more. But i don't have panic. So i hold them for future. Hopefully i will get a huge profit from it.
the reason why i keep collecting bitcoins and i keep holding is for long term investment. When I am old I want to fully enjoy my old age with my family without being burdened with work responsibilities. I strongly believe the price of bitcoin will continue to increase just as it did in 2010 until now. the limited number of supplies and the increasing number of investors make me even more convinced that investing in bitcoin is the best investment right now.
that was great. First, you already have a plan for your future, then you trust bitcoin so much, and also it was really great that you can hold bitcoin for too long. Your patience was too long or you are already financially stable to hold it until you grow old.
HODL really requires patience, and trust, and also knowledge to gain profit in the long run. The price of bitocin is realy rising compared on how much it is for the past years so it is possible that it will continuously increase in the term even though there are times that it falls but it still rises again.
If you want to make a really great deal of money, then Bitcoin is the right place to invest into, in my opinion. There is no other reason for me to HODL Bitcoin. The rest of the cryptocurrencies in the market doesn't give me the same confidence with Bitcoin. But I must admit that I like to HODL Ethereum and BNB also. They are the most credible altcoins for me in the long term.
Bitcoin will always be our top choice when it comes to crypto investments not because it dominates the market but its more on the great opportunities that we have benefited through bitcoin. Actually, if you come to explore crypto then you will discover that there are vast of opportunities that we can get from bitcoin. Its just a matter of being resourceful and taking the risks.Honestly, my reason for not giving up on bitcoin and continue to hodl it is more on its profits. And i believe its the main thing that keep us driving not to quit. Profits that are not just good for the present but definitely more worth it when you come to reap it in the future. Patience will always be our best weapon.
If you want to make a really great deal of money, then Bitcoin is the right place to invest into, in my opinion. There is no other reason for me to HODL Bitcoin. The rest of the cryptocurrencies in the market doesn't give me the same confidence with Bitcoin. But I must admit that I like to HODL Ethereum and BNB also. They are the most credible altcoins for me in the long term.
Do you know what's the best reason to hold BTC? OUt of sheer curiosity of seeing what happens. Sometimes that is enough. No one can predict what will become of all of this so holding on to it for a longer period at least means you were a part of something that had some sort of impact.
This is very clear for me to about what will happen with time in our future. What has happened to fiat from the above explanation is true and I am not seeing any currency from any country that has not lost value or a little depreciation because of the economic development and changes in the world. This is interesting enough that bitcoin has more advantage
I believe that there is a good chance we could all get into a situation where people could both hold bitcoin and spend bitcoin at the same time. Why did people use gold back in the day to pay for stuff? Gold was valuable and usually got more valuable over course of years as well, but they still used it, because it was life. How could we then make sure that we could still spend it but not lose a lot of money? By going full bitcoin at all times.I mean if you earn bitcoin and spend bitcoin then you could make sure you end up with more bitcoin then you spend, and that way you would be getting advantage of this, instead of your useless dollars go into waste, you will have bitcoin saving that way. Earn your salary fully in bitcoin, spend 90% of that each month, and you will have bitcoin non-stop.
I hodl bitcoin because it's one of the best ways of storing value I know.
Fiat money will collapse, better have sound money like Bitcoin.
Fiat money will collapse, better have sound money like Bitcoin.
What if it get restructure before it collapse and bounce back in term of purchasing power, also eliminate the conventional way of minting money in many emergency situations, will you still say fiat will collapse.
Every value with it own side of pros and cons. None of them are sent but they are just better than each other but again, they coexist independently because how it's value especially bitcoin.
This is very clear for me to about what will happen with time in our future. What has happened to fiat from the above explanation is true and I am not seeing any currency from any country that has not lost value or a little depreciation because of the economic development and changes in the world. This is interesting enough that bitcoin has more advantage
Yes, holding bitcoin in the long term will provide an opportunity for us to get great profits because bitcoin is able to withstand monetary inflation due to its very limited supply, thus making many people and investors choose bitcoin as an alternative to hedging their portfolios, unlike paper currencies in general which at any time can continue to be printed in the desired quantity.
I hodl bitcoin because it's one of the best ways of storing value I know.
Fiat money will collapse, better have sound money like Bitcoin.
Fiat money won't collapse, it's going to stay because most of the governments will never let go of it. What's going to happen for most of the fiat will be dealt with in inflation.Fiat money will collapse, better have sound money like Bitcoin.
That's no longer a secret and only a few countries can stop it but most of the countries, especially during this pandemic outbreak will experience it.
Bitcoin's more than ten-year history of development has dominated the crypto market. Compared with legal currency, it has certain advantages and can bring benefits and wealth freedom.
The scarcity of bitcoin supply gives it a lot of room for appreciation in the future. In the long run, bitcoin is a very profitable currency, and long-term holding of it can make more profits.
The scarcity of bitcoin supply gives it a lot of room for appreciation in the future. In the long run, bitcoin is a very profitable currency, and long-term holding of it can make more profits.
Large transnational corporations don't need the features bitcoin offers because they can't be censored thus don't need censorship-resistance; they don't want transparency since everything occurs behind closed doors; they are not interested in borderlessness because they work only within specific borders, nor do they need decentralization because everything about corporations involves centralization. Generally, bitcoin developers contribute voluntarily, they don't get paid for their efforts neither by governments nor corporations. Even if they did get sponsored and were acting in someone else's interests, they wouldn't be able to inject malicious code into bitcoin protocol.
Anyway, I believe the main function of bitcoin and the reason people should hodl it is no different from that of any other money. Bitcoin is a hedge against the uncertainty of tomorrow. People have no idea what happens in several days or years, that is why they choose the hardest digital asset able to protect their wealth. Unlike other hard physical assets such as gold, land, real estate, etc. bitcoin cannot be easily seized and can be easily transferred. That's actually it.
The fact that banks are basically at the core of all the main economical trouble that every regular person lives is the main fact that why we should hold bitcoin. Very few people understands this and people like you know the real deal, I know it too, and most of us here knows it too. We are interested in bitcoin because at least here these big wealthy corporations can't get away with whatever they want, if they end up losing money then they lose money and that's the end of the story.Anyway, I believe the main function of bitcoin and the reason people should hodl it is no different from that of any other money. Bitcoin is a hedge against the uncertainty of tomorrow. People have no idea what happens in several days or years, that is why they choose the hardest digital asset able to protect their wealth. Unlike other hard physical assets such as gold, land, real estate, etc. bitcoin cannot be easily seized and can be easily transferred. That's actually it.
Just the biggest ever example is the 2008 crisis, it was a housing crisis because people couldn't pay their mortgage, then banks lost 800 billion dollars, what happened? Banks were saved by the government but people still lost their homes. Why didn't government pay peoples mortgages to the banks? Bank would have the money they need and people would have the house they need and everyone would win. This is why we need bitcoin.
I hodl bitcoin because it's one of the best ways of storing value I know.
Fiat money will collapse, better have sound money like Bitcoin.
Fiat money will collapse, better have sound money like Bitcoin.
I believe that mass adoption is possible, bitcoin will be accepted as a payment alternative in multiple online and physical stores. The convenience it could give will be maximized, Bitcoin is also the best trading partner, we can use it to efficiently buy shares for great crypto projects in the future. While you hold it, the price appreciates, it's a win situation.
Well, they are already doing it from El Salvador, one of the highest income in El Salvador is through remittances and with all this transactions through Bitcoin is the best that can happen compared to other shipping methods, and not only this country, Argentina and Paraguay are also studying to adopt BTC, for their part the Banks too, the controversial JP Morgan finally accepted that its clients operate with BTC due to its high demand and orders from the people, this helps if or Yes to adoption and as these South American countries are beginning to accept BTC, the USA and Europe should take into account that BTC is here to stay and that it represents the future.
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