Will hodlers still enjoy profit in the future? - page 2.

tranthidung

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Quote from: BABY SHOES on August 20, 2024, 06:51:20 AM

YES I believe bitcoin is still profitable in the future, although the price is unpredictable but I have optimism about future increases based on history.

People ask about whether Bitcoin will continue as a good investment asset in future but they forgot about a bigger fact and more important thing.

In any market, there is a zero sum game that means in a same market, there are winners who get profit from investment and losers who get losses from investment. So get profit or loss mainly depends on your investment strategy and capital & risk management for your investment portfolio as well as how you manage your family and individual finance. They're decisive factors on your investment results.

Dzwaafu11

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Quote from: Sobz on August 14, 2024, 05:59:22 PM

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

Bitcoin will continue to be profitable in the future, but based on how long you hodl it, people who started hodling now will be the people that may be more profitable by then because if we can get hodlers, that means there are people who have already made profit from it and they sell, so as long as they continue trading it, there will be profit in the market.

Although nobody can actually say what will happen in the future, especially in the market that is very volatile like this, we said this based on our assumption, and if you look at how people are getting to understand bitcoin now, it means that there are more people coming to buy and hodl bitcoin, so there may be a little scarcity, and that is what will increase its value and price, so in short, the bitcoin future is bright.

BABY SHOES

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YES I believe bitcoin is still profitable in the future, although the price is unpredictable but I have optimism about future increases based on history.

Bitcoin will become rare later, so that is a factor where bitcoin will rise in the future, so for a profit, trust bitcoin more than other assets because with a time that can be said to be short it can increase many times.

There are even some investors or traders taking advantage of market volatility maybe this is just them doing short term but as a Holder I have no problem with volatility will still see the price of bitcoin go back up.

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Quote from: Sobz on August 14, 2024, 05:59:22 PM

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

Surely bitcoin will be profitable in future. Day by day demand of bitcoin is increasing from people. As the demand for bitcoins returns to people, there will be a time when people will not be able to afford to buy a single bitcoin. When we first started learning about Bitcoin, the price of Bitcoin was very low, but we can see for ourselves how much the price of Bitcoin has increased in just a few years. Currently, Bitcoin is not below 50000 dollars, so it can be understood from here that the demand for Bitcoin is increasing and those who hold are in a lot of profit, there is a sure possibility that there will be more profit in the future. So holding bitcoins can definitely benefit from here.

Abu-Naim

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Quote from: Sobz on August 14, 2024, 05:59:22 PM

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

In the future for the next generation, Bitcoin can still be profitable since we don’t know how far will Bitcoin go in the nearest future. But hopefully, it will maintain its reputation and will keep given other investors profit depending on how the investors manage their assets, if they feel that the price will become stable at some points which I don’t think will happen or if they think there will be range it will stop going further then they should learn how to trade so that they can be doing short trade instead of investing for long term.

BIT-BENDER

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What you failed to understand is that Bitcoin is not only for investors, and there are some holders of Bitcoin who are more interested in Bitcoin getting acceptability that it now becomes a more popular medium of exchange. This would be the main interest of Bitcoin enthusiast because then we would enjoy the benefits Bitcoin has over the traditional financial system.

Well I think Bitcoin would always be profitable because it's limited in supply to meaning more Bitcoin can not be created, this would be the reason while Bitcoin would always be profitable.

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Quote from: nakamura12 on August 17, 2024, 04:55:54 PM

People who hold their bitcoin in their wallet won't earn profit in the future if it only stays in the wallet but if the person is going to sell his/her bitcoin when it is profitable to sell then the answer would be yes. Bitcoin being volatile is the reason why people who hold their bitcoin can also earn profit very much the same as other ways to earn bitcoin like investment and trading for example. Hodlers may also lose profit if they decided (panic or not) to sell their bitcoin where if you compare the price of btc when they bought is that it is lower than the price of btc when they bought their btc.

No one decides to hold without the goal of selling its coins when the target selling price is achieved. That way, they will still be profitable in the future. However, regardless if these investors will prefer more hodling than selling for quick profits, profits will always be profits. But it’s just that, there will be bigger profits once they will hold longer unlike when they only hold for short term, the profits will also be quite smaller.

Hyphen(-)

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Quote from: Sobz on August 14, 2024, 05:59:22 PM

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

If you understand and know that the rate of Bitcoin investors and adopters is going high it means that Bitcoin is not dying anytime soon.

Bitcoin holders will definitely enjoy their money in the future because Bitcoin has a future and will surely pay every patient holder to hold their Bitcoin for a long. But for people who are expecting quick return, Bitcoin is not for them because they will not get the huge profits they may expect in that short period of time they wanted.

Instead of looking for quick money from Bitcoin investment, invest the little amount of money you can afford to lose using the DCA Method so that when people are enjoying Bitcoin profit in the future, you will also be among the people to enjoy the money.

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Quote from: Sobz on August 14, 2024, 05:59:22 PM

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

Bitcoin will not cease to be profitable as long as people are bidding to buy and sell it, Bitcoin is highly speculative asset, News bad or good has an impact on the price, every long term holder has their target price to sell their shares, even if the holder has been holding his Bitcoin for 5 years he will eventually sell it because of the volatility of the market and for fear that he will have to wait longer for his targeted profit when its already in front of him.

I don't think there will be a point in time that Bitcoin will stop being profitable, the scarcity, adoption and the weakening trust on fiat will give Bitcoin a bargaining power.

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Quote from: nakamura12 on August 17, 2024, 04:55:54 PM

People who hold their bitcoin in their wallet won't earn profit in the future if it only stays in the wallet but if the person is going to sell his/her bitcoin when it is profitable to sell then the answer would be yes. Bitcoin being volatile is the reason why people who hold their bitcoin can also earn profit very much the same as other ways to earn bitcoin like investment and trading for example. Hodlers may also lose profit if they decided (panic or not) to sell their bitcoin where if you compare the price of btc when they bought is that it is lower than the price of btc when they bought their btc.

Those that will store in the future will be those that will not sell any time soon or maybe when they finalize they want to sell thwm, they will send it to an exchange, one of the reasons they will want to keep it in an exchange is because they want to keep their assets self not your keys not your coin, that should be one of the reasons and since they are holding for a very long time, wallet will be the best place for them to actually keep their wallet. And the intention everyone have towards their investment is different even if they are making profits they might want to make more profits, and if things does not go according to plan they might just leave it till the market recovers. And sometimes how mindset will make us, and what ever time everyone any one decides to sell, no one can decide for them but holding and when you make profit you can sell.

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Quote from: Sobz on August 14, 2024, 05:59:22 PM

Will hodlers still enjoy profit in the future?

Who would have thought that at this time the price of Bitcoin could reach a level above $50k, no one thought about that, only time can tell all that, in general and this often happens, who I am who hoards in the future they can get rich instantly, This doesn't only happen to Bitcoin hoarders, it often happens to those who hoard oil, gold and other goods that are predicted to be worth millions of dollars in the future.

For this reason, many crypto experts predict that the price of Bitcoin will one day reach $100k. This has not happened yet, for me this phenomenon will happen, but when and when no one knows, so if you have the desire to hoard Bitcoin for the future, I think it's a good idea and you will be on the list of the next billionaires.

Justbillywitt

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Quote from: Sobz on August 14, 2024, 05:59:22 PM

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

There will always be traders and hodlers in the bitcoin market and at every point there are going to be new investors coming into bitcoin market. As those new investors are coming in, they will be buying bitcoin from traders and when there are much people chasing after the few bitcoin that are available in the market, the price will keep going up and hodlers will be making profit. The young people of today will grow up tomorrow and get interested to invest in bitcoin, and the more they are coming in, bitcoin price will keep appreciating that's how hodlers will keep making profit. Hodlers will only stop making profit when people are no longer investing in bitcoin, you and I know that's practically impossible to happen. So hodlers will always be making profit in the future, no matter how many hodlers are out there.

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Quote from: cryptobest4all on August 18, 2024, 07:24:41 AM

No matter how it may be Bitcoin will always be profitable. With the spread of news about Bitcoin, alot of people are still unfamiliar with it. Everyday people are getting into the space. Alot of thanks to TAP TAP TAP projects, this has helped to bring more people into the space as NOT coin pays good to it TAPers.

Why would thank the tap projects when they're just another craze that will pass and gone very soon?

Bitcoin stays as is and it's the leader of this market. With or without the tap projects, Bitcoin will remain Bitcoin. But without Bitcoin, I don't think that most of the people are going to be optimistic with those tap projects.

What bring more people to tap projects? airdrops.

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Quote from: Sobz on August 14, 2024, 05:59:22 PM

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

No matter how it may be Bitcoin will always be profitable. With the spread of news about Bitcoin, alot of people are still unfamiliar with it. Everyday people are getting into the space. Alot of thanks to TAP TAP TAP projects, this has helped to bring more people into the space as NOT coin pays good to it TAPers.

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If you think Bitcoin will have more and more fans in the future, then why should you doubt the potential that Bitcoin has to offer? In the past, before Bitcoin boomed like it is now, people considered it a scam, a Ponzi scheme and supported by a large force behind it, but all of these assumptions were not right on target because Bitcoin was able to stand tall and was increasingly widely adopted because of its decentralized nature without the need for support from any party.
As long as the price continues to increase from the value you bought it for, Bitcoin will be as profitable as it is now. The ever-rotating trading cycle allows Holders to collect as many Bitcoins as possible, you can use the DCA method to collect more Bitcoins in the future.

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People who hold their bitcoin in their wallet won't earn profit in the future if it only stays in the wallet but if the person is going to sell his/her bitcoin when it is profitable to sell then the answer would be yes. Bitcoin being volatile is the reason why people who hold their bitcoin can also earn profit very much the same as other ways to earn bitcoin like investment and trading for example. Hodlers may also lose profit if they decided (panic or not) to sell their bitcoin where if you compare the price of btc when they bought is that it is lower than the price of btc when they bought their btc.

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Quote from: Sobz on August 14, 2024, 05:59:22 PM

Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin.

No matter how many people are holding, bitcoin is still going to be profitable in future, because I will say not everyone will be holding, people are making good amount of money from trading, and I will tell you that some people still believe they can make more money from trading instead of holding, so even in future, people will be making profit, just that it might not be like when bitcoin was still at the early stage.

Quote from: Sobz on August 14, 2024, 05:59:22 PM

If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

if most people discover that holding is more profitable, and they decide to start holding, I know bitcoin volatility is going to reduce, but it can’t completely stop, it’s still going to be volatile, because some people are still going to sell at some point, which will give some people opportunity to buy, so don’t be scared about the future, money is still going to be made.

CryptopreneurBrainboss

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Hodlers will always make profits irrespective of the timeline but what will change is the percentage of profits there's to make because we can't expect to make the same percentage we're making currently when bitcoin hasn't been globally adopted in comparison to when the adoption increases more than it is right now. The more people get involved in Bitcoin is the less volatile the price of Bitcoin is going to become. Gold is an example we can use to look at how the price of Bitcoin is likely to become in the future.

Quote from: Sobz on August 14, 2024, 05:59:22 PM

if majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?

Hodling isn't the only way to make profits from bitcoin, there's trading that can still be done and it will always be profitable for people who know exactly what to do and not just playing a guess game. Traders can trade the ups and down prices of Bitcoin because Bitcoin is isn't going to be a stable currency but will be less volatile for sure. We'll adjust but as for now hodling is the ideal way to make the most profit and the future might have other plans.

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Quote from: PX-Z on August 15, 2024, 06:45:30 PM

Yes, that's how bitcoin is so volatile, and how profit is made even in a single move of bitcoin price and thats how bitcoin is very interesting asset to begin. Although Satoshi is aware of this since he made the supply is limited to 21m and with all different kind of traders all over the world, bitcoin price become so volatile. And manipulation is always in hand, FUD, FOMO, negative news, you name it.

Nakamoto Satosh is the anonymous founder of Bitcoin and he's yet to reveal himself to the crypto world. I think it's for the best because the popular crypto related projects CEOs and owners have been tabled to be target for the whales. We take for instance, Changpeng Zhao who's the CEO of Binance, he's been filed a lawsuit and this is fighting drought from his opponents in the space. Remember people can fight what they can or know, this is the simplicity that have kept Bitcoin remaining at the top. Bitcoin is volatile and watch the uptrend and downtrend of bitcoin in the market, it's been a lucrative project in the frontline.

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Hodling is never a lifetime course of action, people will end up selling eventually so they can enjoy and utilize their profits well and buy back again when there is a good opportunity to buy. So it’s clear that those who hold right now will still be in profits in the future, even if everyone else decides to buy and hold.

Bitcoin will still be profitable as long as people still take chances to buy and sell. The only time maybe people will never experience profits at all is when bitcoin has definitely lost its demand and all investors will leave bitcoin and invest into another asset that is better than bitcoin.

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