I consider something i could use my whole life as a long term investment.
A house as example.
Topic: What do you consider to be a long term investment. - page 2. (Read 2770 times)
For bitcoin 3 months is very long.
For stocks 3 years is quite long. So it depends on the time.
For stocks 3 years is quite long. So it depends on the time.
3 months is nothing for a serious Bitcoin holder. For people who are chasing quick profits 3 months can be seen as very long. Even 1 month is long for them. I don't count these people as Bitcoin holders.
Heh, 90% of the time, a week is far too long for my trading account.
It's a different story for my cold storage, but those are essentially free so they will be in profit as long as someone is willing to pay any amount for them. As such, They can sit, basically forgotten about for a long ass time. Probably 5 digits somewhere. I haven't decided on my "Good enough" price yet
you hold a 5 digit btc stash being bearish? in what kind of area will the "good-enough" price be? $ 2k ? or much higher/lower? (if you mind telling)
Likely a punctuation fail on my part... Cold storage isn't quite 5 digits yet.
I meant a 5 digit price will be a good enough time but I haven't decided where between 10k and 99.9ki took my pocket calculator and played around with figures concerning my cold storage and decided that i am with you on this one. somewhere in that range.
when it comes to bitcoin, long term for becomes a little complicated for me. i am considering holding my bitcoin for more than 10-15 years but at the same time if the price goes to all time high the chances of me breaking this rule of mine is high, in other words it might become less than a year!
I think most of the people who are saying that they will not sell any of their coins the comming years will definitely do so when they see the price reach a new high this year. I think I will also sell a certain percentage just to take profit. The majority of my coins will be kept offline till 3 to 5 years from now.
That's the right thing to do, never sell all your bitcoins as we never know what would be the price of bitcoins in future, and I am very much sure that if the value of btc reaches $1k then everyone of us will sell atleast a part of bitcoins as everyone wants make some profit out of it.
For bitcoin 3 months is very long.
For stocks 3 years is quite long. So it depends on the time.
For stocks 3 years is quite long. So it depends on the time.
3 months is nothing for a serious Bitcoin holder. For people who are chasing quick profits 3 months can be seen as very long. Even 1 month is long for them. I don't count these people as Bitcoin holders.
Heh, 90% of the time, a week is far too long for my trading account.
It's a different story for my cold storage, but those are essentially free so they will be in profit as long as someone is willing to pay any amount for them. As such, They can sit, basically forgotten about for a long ass time. Probably 5 digits somewhere. I haven't decided on my "Good enough" price yet
you hold a 5 digit btc stash being bearish? in what kind of area will the "good-enough" price be? $ 2k ? or much higher/lower? (if you mind telling)
Likely a punctuation fail on my part... Cold storage isn't quite 5 digits yet.
I meant a 5 digit price will be a good enough time but I haven't decided where between 10k and 99.9k For bitcoin 3 months is very long.
For stocks 3 years is quite long. So it depends on the time.
For stocks 3 years is quite long. So it depends on the time.
3 months is nothing for a serious Bitcoin holder. For people who are chasing quick profits 3 months can be seen as very long. Even 1 month is long for them. I don't count these people as Bitcoin holders.
Heh, 90% of the time, a week is far too long for my trading account.
It's a different story for my cold storage, but those are essentially free so they will be in profit as long as someone is willing to pay any amount for them. As such, They can sit, basically forgotten about for a long ass time. Probably 5 digits somewhere. I haven't decided on my "Good enough" price yet
you hold a 5 digit btc stash being bearish? in what kind of area will the "good-enough" price be? $ 2k ? or much higher/lower? (if you mind telling)
I think most of the people who are saying that they will not sell any of their coins the comming years will definitely do so when they see the price reach a new high this year. I think I will also sell a certain percentage just to take profit. The majority of my coins will be kept offline till 3 to 5 years from now.
I think much depends on when they were bought. If you got in at the start of last year sub $200 then you may as well reap some benefits. There are plenty more who are probably still in the red and have decided to sit out the extreme long haul if they've survived this long. If there was a new ATH I doubt I'd do anything other than enjoy it.
when it comes to bitcoin, long term for becomes a little complicated for me. i am considering holding my bitcoin for more than 10-15 years but at the same time if the price goes to all time high the chances of me breaking this rule of mine is high, in other words it might become less than a year!
I think most of the people who are saying that they will not sell any of their coins the comming years will definitely do so when they see the price reach a new high this year. I think I will also sell a certain percentage just to take profit. The majority of my coins will be kept offline till 3 to 5 years from now.
For me the term is most likely for 10 years, sometimes I hear people say its about 5 years but I think that's to short. Its named long term for a reason so I think its 10 years or more.
when it comes to bitcoin, long term for becomes a little complicated for me. i am considering holding my bitcoin for more than 10-15 years but at the same time if the price goes to all time high the chances of me breaking this rule of mine is high, in other words it might become less than a year!
Personally I consider it a few years. 3-5 years is what I plan to hold for. I think bitcoin does have a very good chance of becoming a very big payment network as an alternative to the mainstream but if so this is going to take time so I think it's worth holding. I think another economic collapse will probably happen in the same time frame so it will be interesting to see what effect that has on bitcoin.
I hear people talking about holding Bitcoin as long term investment and such, but what is long term for you?
I personally find long term to be at least 2 years where I hold my coins without touching them.
Periods under 3 months are short term investments I personally find long term to be at least 2 years where I hold my coins without touching them.
3 months to 1 year is a mid length investment
Over 1 year is a fairly long term investment
3 years + Example holding on to oil stocks until the economy picks up again and those shares start rallying is a long term investment.
Bitcoin anything over a week is a long term investment if your trading lol.
Yea i have to say that's the idea of it all. Diversify your investments. You can't have all of them in one place..
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I hear people talking about holding Bitcoin as long term investment and such, but what is long term for you?
I personally find long term to be at least 2 years where I hold my coins without touching them.
Periods under 3 months are short term investments I personally find long term to be at least 2 years where I hold my coins without touching them.
3 months to 1 year is a mid length investment
Over 1 year is a fairly long term investment
3 years + Example holding on to oil stocks until the economy picks up again and those shares start rallying is a long term investment.
Bitcoin anything over a week is a long term investment if your trading lol.
For bitcoin 3 months is very long.
For stocks 3 years is quite long. So it depends on the time.
For stocks 3 years is quite long. So it depends on the time.
3 months is nothing for a serious Bitcoin holder. For people who are chasing quick profits 3 months can be seen as very long. Even 1 month is long for them. I don't count these people as Bitcoin holders.
Heh, 90% of the time, a week is far too long for my trading account.
It's a different story for my cold storage, but those are essentially free so they will be in profit as long as someone is willing to pay any amount for them. As such, They can sit, basically forgotten about for a long ass time. Probably 5 digits somewhere. I haven't decided on my "Good enough" price yet
For bitcoin 3 months is very long.
For stocks 3 years is quite long. So it depends on the time.
For stocks 3 years is quite long. So it depends on the time.
3 months is nothing for a serious Bitcoin holder. For people who are chasing quick profits 3 months can be seen as very long. Even 1 month is long for them. I don't count these people as Bitcoin holders.
When you are talking about a long term investment, 3 month isn't something to consider about at all. For a persistent bitcoin holder, he wouldn't even consider 3 months has a period with which he can make his withdrawal. He would prefer to hold bitcoins for a long period and hope that the price of bitcoin rises so that he could make more profit. For bitcoins, i think if there is consistency in profit and it comes at the right times too, anytime is not too long.
For bitcoin 3 months is very long.
For stocks 3 years is quite long. So it depends on the time.
For stocks 3 years is quite long. So it depends on the time.
3 months is nothing for a serious Bitcoin holder. For people who are chasing quick profits 3 months can be seen as very long. Even 1 month is long for them. I don't count these people as Bitcoin holders.
My long term is life, I keep it for my family.
Keys and passwords are in safe keeping.
Keys and passwords are in safe keeping.
Life? When will be the time to sell, after your death? What is all this coin worth if you never see it turn into actual wealth and die hoping others will?
I do not care about any wealth, as I have had nothing all my life so I used to that.
If I pass it on to my son, maybe he can benefit from it.
I dont have much btc at the moment you could spend it in one go its almost 570.557 USD ( 396.8756 GBP)not worth much these days, but I strive to get more.
For bitcoin 3 months is very long.
For stocks 3 years is quite long. So it depends on the time.
For stocks 3 years is quite long. So it depends on the time.
For me it depends on the price:D But long term is for me, like 5 years.
My long term is life, I keep it for my family.
Keys and passwords are in safe keeping.
Keys and passwords are in safe keeping.
Life? When will be the time to sell, after your death? What is all this coin worth if you never see it turn into actual wealth and die hoping others will?
My long term is life, I keep it for my family.
Keys and passwords are in safe keeping.
Keys and passwords are in safe keeping.
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