Topic: Why even holding your bitcoins? - page 5. (Read 571 times)
We're here in crypto to earn money so we need to take the risk like holding btc for profit in the future because we believe that it can happen,if your newbie in crypto you need knowledge here to earn money so always try anything like risk your money in trading then if you already know that try another way to earn like gambling and campaign.If you learn trading in crypto you can use it knowledge in campaign if you already joined and also some gambling site so try all and learn from that.
I simply don't believe that Bitcoin was able to sustain its uptrend based on its 'demand' alone. Hype was the biggest factor there and with people slowly realizing how their time is wasted in waiting for 'days' to just get their transactions through even when paying more than $10 for each, Bitcoin's value will be realized.
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I simply don't believe that Bitcoin was able to sustain its uptrend based on its 'demand' alone
yeah right because bitcoin is a highly volatile coin and that simply means it cant retain its growth substantially , instead it could also drop on some other times due to fluctuations caused by being volatile.Quote
Hype was the biggest factor there
no, its not about the hype that makes bitcoin. bitcoin is indeed pretty useful in terms of usage like sending money abroad or international easily and fast wwithout the need of any other extra infos and other hassel things not only that, bitcoin can also be used on some other cool stuffs like trading, mining, buying or selling, etc. these was the main reason on why bitcon was so popular and its not just about the hype.Quote
with people slowly realizing how their time is wasted in waiting for 'days' to just get their transactions through even when paying more than $10 for each, Bitcoin's value will be realized.
actually most people are infact already known and realized this issue a long time ago but majority of them are still here and continue to use it. people are not forced to use bitcoin therfore they are always welcome to switch on some other coins with low fees and faster transactions. however bitcoins value will still be remain on what it was meant to be.
Why would I want to keep BTC in my investment portfolio? That's most hyped and quite overvalued coin I'd say.
There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?
Simply because it is profitable. Storing Bitcoin will yield to huge profit since its market value is continuously increasing at a high rate. If you are smart, you will do the same thing too. Bitcoin is an investment that we should engage ourselves with because unlike any other investment, the profit from investing to bitcoin has a high probability. There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?
Well because I still see a great potential of Bitcoin, there are so many things still can be achieved with Bitcoin, Bitcoin got the most powerful tools which is users, the market of Bitcoin is 50%, which means that half of the market is dominated by Bitcoin, so many website also already accepting Bitcoin, that is my reasons to keep bitcoin
I could not agree more. Bitcoin apart from being just one of the cryptocoins has the most potential in my opinion. Just based on how other coins are created, they do trust what bitcoin has and what bitcoin can do.
With years of step by step acknowledgement, there is no doubt that bitcoin can go further. With wise usage and application there is more to come and great future.
I hodl on to bitcoin because I see its greatness. Trustingbit is my way of appreciating such technology.
Why would I want to keep BTC in my investment portfolio? That's most hyped and quite overvalued coin I'd say.
It's not only about the hype. I'm holding bitcoins because I have a very big feeling that this will grow too much and will go beyond with our expectations.
There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?
Not really the digital gold thing people are investing and holding bitcoins, it's not also the store value properties, it's because it's the original coin of all and people wants to stay on bitcoin as it is.
You're in the right place if you invest in bitcoin, with a quick rise I think you'll be able to make a satisfying profit.
If you want to sell your bitcoins you can do so, no need to ask people's permission. People who believes that Bitcoin will grow more will hold and keep buying, people having less faith in Bitcoin will keep selling - very easy system.
People keep on holding depends on each persons individual interest, mostly because they are sure of the bitcoins to increase its value as we can learn from the previous years history that the value of bitcoins keeps on increasing every year and like in any other financial markets there might be a small fall for sometime or a corrections and then the value start to shoot to the highest amount where no one will be able to think of as the bitcoin market is a good money making scheme so when you hold your bitcoins you will definitely earn more profits when the price of bitcoins shoots up.
Why would I want to keep BTC in my investment portfolio? That's most hyped and quite overvalued coin I'd say.
There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?
You are not required to do so. To make it clear, investing to Bitcoin is a choice. It may be overhyped but surely it is really profitable. If you find other currencies more "advantageous" than Bitcoin, you are free on not to invest in Bitcoin. But I tell you thie, Bitcoin is th most profitable crypto investment ewpciaply for the long run.There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?
Is it as profitable as it was earlier? Price is too high, transaction fees too. Easier to buy cheaper altcoins than bitcoin, cause you can earn more and spend less money...
For every decision you make, there is always a risk involved, however in my opinion I still believe that the price will still be increasing further. I would probably hold my BTC once I may able to earn it.
Why would I want to keep BTC in my investment portfolio? That's most hyped and quite overvalued coin I'd say.
There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?
You are not required to do so. To make it clear, investing to Bitcoin is a choice. It may be overhyped but surely it is really profitable. If you find other currencies more "advantageous" than Bitcoin, you are free on not to invest in Bitcoin. But I tell you thie, Bitcoin is th most profitable crypto investment ewpciaply for the long run.There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?
Is it as profitable as it was earlier? Price is too high, transaction fees too. Easier to buy cheaper altcoins than bitcoin, cause you can earn more and spend less money...
Because, Bitcoin price dump now.Before some days,Bitcoin price was so expensive. Moreover, Bitcoin price will increase within some days and I still believe this though. For this reason,I suggest you to hold your Bitcoin.
Bitcoin is king because it was the OG. It holds value because of the limited supply and demand. Always hold some of it imo
Holding bitcoins is the hardest risk. Since the value is volatile, no one knows when the holder will gain profit or not.
Why would I want to keep BTC in my investment portfolio? That's most hyped and quite overvalued coin I'd say.
There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?
There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?
No one force you to hold bitcoin even the hype people because it is still depend on your decision, why keep on holding if you are doubting about its technology. I will hold bitcoin because I know it will continue to rise and better to make your own analysis so you will not miss the opportunity to earn more money.
Why would I want to keep BTC in my investment portfolio? That's most hyped and quite overvalued coin I'd say.
There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?
There are other more technologically advanced coins. Is it because of "digital gold" and store of value properties?
I think it is up to you, you want to keep btc in your investment portfolio or not, no one force you to keep btc. but one thing that I know, if I keep btc in my wallet and if the price increase, I can make a big money from selling my btc and I think this is why many people still keep their btc and waiting for the price increase back. but many other doing trade bitcoin pair fiat because they want to make another profit from btc and I know that they can do this.
If you dont want to keep bitcoins then dont. No one is forcing you but if we become millionaire's please dont blame us or someone else because you yourself refused to hold bitcoin. I believe that there is great potential in bitcoin and 50% of the market is dominated by it, many countries started to acknowledge it that's why bitcoin was able to reach $20k usd because of its increasing demand.
in my opinion, it's because bitcoin is more than digital gold and a valuable property, so you have to maintain bitcoin.
if you do not maintain bitcoin, then you will lose your profit. what if bitcoin stock gets smaller and bitcoin seeker more. you will become rich.
if you do not maintain bitcoin, then you will lose your profit. what if bitcoin stock gets smaller and bitcoin seeker more. you will become rich.
Holding bitcoins does not mean your greedy or selfish in any ways. It just allows you to be wise enough as to when, where, and how to spend and invest what you have gained through your earnest effort to generate it. Some are just looking for an opportunity that will give them the best return of their investment.
Apple does not produce the best phones, (That's a fact, don't be angry fanboys 
) but look at how many people are buying them and look at the profits of Apple company. You say it's over hyped as a bad thing, I think of that as free advertisement which is always good. And other reason to have BTC is that you will most likely need it to buy those altcoins you want...
) but look at how many people are buying them and look at the profits of Apple company. You say it's over hyped as a bad thing, I think of that as free advertisement which is always good. And other reason to have BTC is that you will most likely need it to buy those altcoins you want...
People are so hyped easily. Good for those who were able to ride from a lower price. How about those who are stuck with having bought at the peak?
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