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Topic: Wonder how many people can hold BTC for more than 3 years - page 10. (Read 4127 times)

hero member
Activity: 3080
Merit: 603
I'm looking for more actions on bitcoin after a couple of years maybe 3-5 years so I'll be one of those people who can hold bitcoin for more than 3 years. Mostly that can hold this for long are only making bitcoin as their spare investment or they have some other things to do so they don't have to monitor it for awhile and they believe that in the future bitcoin will be worth more than what they are expecting.
legendary
Activity: 1316
Merit: 1011
There are many people that can hold bitcoin for more than 3 years and I'm also one of them. I can't promise that holding the original amount since the beginning will remain but I'm doing my best to add when I have spare money and when I'm about to cash it out, I'm also returning it if there's a chance. I'm a long term holder so this is an easy decision.
I think only a few people are holding BTC for more than 3 years in that you also one person. even I am using bitcoins when the price was $300 but i sold my coins when i felt the price was high. If I hold those coins from last 3 years what I sold now I become a milliner.
hero member
Activity: 3024
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There are many people that can hold bitcoin for more than 3 years and I'm also one of them. I can't promise that holding the original amount since the beginning will remain but I'm doing my best to add when I have spare money and when I'm about to cash it out, I'm also returning it if there's a chance. I'm a long term holder so this is an easy decision.
member
Activity: 434
Merit: 18
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I don't think there's a lot of people who can do that. Maybe those who were born rich. If a person was born in MID class or even lower, the tendency of needing money is very high. 3 years without converting your money to cash might be impossible since we needed money for everyday needs. But if a person has a decent job who pays more than what he needs, he can try holding BTC for 3 years. It will be worth it!. I'm sure a lot of company owners invest a huge amount of money on bitcoin because of its potential.
full member
Activity: 462
Merit: 100
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BTC was around $300 3 years ago.

Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period Smiley

I've seen many people in this month were sold their bitcoins due to market crash. but i still believe there still much people are holding bitcoin for 3 years.
member
Activity: 756
Merit: 12
BTC was around $300 3 years ago.

Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period Smiley

Yes, its must be amazing when they know their profits right now. I think not many people who can hold that long because they buy it with very cheap price. They must be very patient with their investment
legendary
Activity: 2478
Merit: 1360
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I agree. I think there are some people who have held their BTC for a long time. Just in waiting to actually encash it for profit. However, like the thread said, three years is already a long time, and a lot could have happened within those years. I think that when investing, the best would be a year or maybe a little over it. Having to keep your coins longer than that would be too risky and unsure because of the time period. Also, it's already too long that the end game of gaining profit would be nullified, and I think, the investment won't be as gainful anymore due to the time discrepancy.

Wrong. Most of those people aren't waiting to turn it to cash, but to turn it into goods and services. Many people, including me, see BTC not like a bond or a check that has to be cashed in, but as a currency that just doesn't have enough merchant support to be used with ease, but this is coming and it's coming fast. 2 years ago I couldn't really do anything with my coins besides selling them on an exchange. Now I can buy goods on Amazon, order food online, even pay the dentist nearby. Times are changing and that's what you should be looking for. Goods and services, not fiat!
full member
Activity: 405
Merit: 105
As of now bitcoin was indemand to many people on holding bitcoins,based on my speculation I think lots of people hold btc for more than 3 years because  it will get more profit in a long term investment.And as time goes the price value was flactuating and still increasing anytime so they are more excited to hold btc for long term.
Honestly speaking, people now tend to do more the buy and sell strategy than holding for more than 3 years or less. Because as they se that they get profit everytime it pump they do selling of it and wait until its price dump again before they buy it. It was a good strategy indeed because as you get profit from it compare to holding for 3 years which you are not that 100% sure on the result of bitcoin price.
hero member
Activity: 1274
Merit: 519
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         There are quiet plenty of them around here, as i have been reading here since before, there are few of them who claimed they had bought it when it was still cheaper, while some also just hide their identities and atill remaining quiet about their earnings. As far as i can still remember there is an articke about it, i just forgot the link just try to look for it.

I agree. I think there are some people who have held their BTC for a long time. Just in waiting to actually encash it for profit. However, like the thread said, three years is already a long time, and a lot could have happened within those years. I think that when investing, the best would be a year or maybe a little over it. Having to keep your coins longer than that would be too risky and unsure because of the time period. Also, it's already too long that the end game of gaining profit would be nullified, and I think, the investment won't be as gainful anymore due to the time discrepancy.
hero member
Activity: 1190
Merit: 525
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It does looks really good, and it's really a perfect profit. But for the people who are holding in this very long term, i think the these people are not indiscriminate and have a deeper depiction of the future of bitcoin.
No matter how many it is.. which obviously i think it's just a few and not much to doing that.

For all in here, is there anyone who are dare to hold for 3 years from now? for me personally, because i do not really have an depiction about bitcoin that would be more peaking for the next 3 years, i haven't dared to doing that, maybe i'll stop in the middle journey. Grin

The key is to always hold an amount of BTCs. There isn't problem in selling some percentage of your total held amount every few months or even that a good opportunity appears since you don't sell all your BTCs. Bitcoin's volatility scarry us sometimes, but always keep in mind on long term Bitcoin will overcome all the negative volatility. Also, don't think in BTC's price all the time, forget about it for a while, just store your coins safely and wait.

This way it won't be difficult for you to hold for 3 years or more.
Anxiety and panic are internal enemies that we must fight or they eat us.
full member
Activity: 322
Merit: 107
As of now bitcoin was indemand to many people on holding bitcoins,based on my speculation I think lots of people hold btc for more than 3 years because  it will get more profit in a long term investment.And as time goes the price value was flactuating and still increasing anytime so they are more excited to hold btc for long term.
sr. member
Activity: 574
Merit: 250
BTC was around $300 3 years ago.

Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period Smiley
They are holding their btc for a long period  of 3 years because  they are saving it for their future and they want to earn a big amount of money  someday that why

Yeah, which I think they already have a good  way of living as they didn't sell their shares of bitcoin many years ago. They didn't think that it could be like that huge amount as they set on their mind as an investment which they have no problem regarding on their financial stabilty on that time. Well, it depends on the attitude or how they keep money on their own.
jr. member
Activity: 125
Merit: 1
I think people who bought BTC in the year 2013 - 2014 ago, they hold their BTC until now.
and also most likely, some still have not sold their coins so far, as they wait for bitcoin prices to reach the highest price later.
they are lucky people because in 2013 BTC is only worth $ 400 USD.
full member
Activity: 252
Merit: 101
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BTC was around $300 3 years ago.

Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period Smiley
They are holding their btc for a long period  of 3 years because  they are saving it for their future and they want to earn a big amount of money  someday that why
full member
Activity: 392
Merit: 100
It does looks really good, and it's really a perfect profit. But for the people who are holding in this very long term, i think the these people are not indiscriminate and have a deeper depiction of the future of bitcoin.
No matter how many it is.. which obviously i think it's just a few and not much to doing that.

For all in here, is there anyone who are dare to hold for 3 years from now? for me personally, because i do not really have an depiction about bitcoin that would be more peaking for the next 3 years, i haven't dared to doing that, maybe i'll stop in the middle journey. Grin
hero member
Activity: 2940
Merit: 613
Winding down.
Many investors are already doing that since then. We cannot this kind of growth if there are none who holds their Bitcoin. I think if we all are believe and hold it still, price will not be volatile that much.
The price will always be volatile because day traders are moving the price regularly.
If you go for long term hold, just don't mind the short term movement of the price, instead look for the long term as that is your purpose why
your are holding, long term holders are benefited with good price based on the trend, so know the right timing to sell.
newbie
Activity: 210
Merit: 0
Many people are holding the Bitcoin for a long-term and one of my friend is holding the Bitcoin for more than 2 years. I told him to sell when it is at $20k but he is not showing interest towards selling the coin. he is just i want to hold the Bitcoin for another 3 to 5 years span.
hero member
Activity: 2604
Merit: 816
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Many investors are already doing that since then. We cannot this kind of growth if there are none who holds their Bitcoin. I think if we all are believe and hold it still, price will not be volatile that much.

I think we don't know how many people which hold btc for more than 3 years and I am sure that there are many people do this and I think they still hold until now. and I agree that we can follow them too so we can make a big profit in the long-term. and because from time to time bitcoin price is always increase then what we do right now will give some benefits for us too and the important thing is we can make a lot of money.
full member
Activity: 468
Merit: 100
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Many investors are already doing that since then. We cannot this kind of growth if there are none who holds their Bitcoin. I think if we all are believe and hold it still, price will not be volatile that much.
full member
Activity: 366
Merit: 100
Large number of users does it. The growth is big while compared to investment schemes that are available to the people around the world. Also here we doesn't need to fulfill out of necessity to be a bitcoiner, whereas the same is not possible with several investments. Based upon that large number of people will continue to keep hold of it.
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