Wonder how many people can hold BTC for more than 3 years - page 17.

Stedsm

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Quote from: windsee on October 29, 2017, 06:44:34 AM

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

The number will be least because weak hands were just converting their money due to some needs and/or panic situations.
Only those who had a large number of BTC available in their accounts would have stood up and waited till date (may still be waiting for 10k or even a million) because even if they move some BTC, it wouldn't cost them too much as they have something already left for today. You won't see many addresses with such amounts that had not been moved for years, because there were many forks based on which they could have changed their wallets and addresses to safeguard their coins.

Osarman

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Quote from: AmXProX on November 02, 2017, 07:49:44 AM

Quote from: windsee on October 29, 2017, 06:44:34 AM

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

Because of what happened to the coin's rice for the past years, more and more people
will just keep the coin for good and will just hope that the price will multiply again in the next years.

There are more people now who is aware of bitcoin's existence and future potential and because of
this reasons bitcoin's price will continue to go high in the next years. So keeping a coin for the next 3 years will really be fruitful.

Many of people are doing this just because they know that this coin will generate huge revenue for them in future and that’s the right strategy and more to it bitcoin has proved this thing that it gives a lot to those who will keep patience and I am also holding my coins for longer term because I know one thing that the people who bought it a 2009 are now millionaire and one day I will also be in their category.

aizen10

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same here, im just wondering too that how many people are just hold their bitcoin for more than 3 years from now, like me i decided to hold my earnings bitcoin here (at our forum) for more than 3-4 year from now and hoping that i can earn more profits by doing that. im one of them that holding bitcoin for more years and hoping that the price of that bitcoin will pump more and more profitable after then.

el kaka22

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Quote from: Viscera on November 01, 2017, 09:29:30 PM

I'm pretty sure that alot of us here holding bitcoin for more than 3 years now. some are newbies but for sure they have a targeted price. it be worth it in the future. so buy and hold bitcoin.

Lots of people have been holding since the inception and creation of bitcoin and I see no reason why anyone should still hold for more than 3 years right now, be it a newbie or an old player in the game.

BTC has proved itself as a worthy asset which has a whole lot of usage and value and even if I will have to pull some out, it would be an investment that I know would be giving me a lot and would also be giving me so much to keep saving and holding in BTC.

Hallmader

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Quote from: windsee on October 29, 2017, 06:44:34 AM

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

I can hold Bitcoins for even 5 long years. There is no problem with it for me. I can easily store them in a very safe wallet and let it sleep into a giant asset. By the time it wakes up, it is already a very huge asset. We can see from the past several years since Bitcoin was invented that its price has always been climbing. We can definitely say that it will continue to happen because the hindrance before is much more difficult than what we have now.

appleffi

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Quote from: windsee on October 29, 2017, 06:44:34 AM

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

For all the people who holds the bitcoin 3 years ago is now feeling on cloud nine. The value of bitcoin now a days is going up and up which really is a good thing for they profit a lot from this. For the next 3 years the dilemma is the same as it was 3 years ago since we don't know whether it will going to rise continuously, risk is always all over the corners, the only way we can do is to live with it and believe that it will continue its path the way we want it to be.

Donaldturp

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Quote from: Flodemaga on November 03, 2017, 08:04:39 PM

A lot early adopters had sold their coins at 2000,3000 and even 5000 dollars, as any person wich would is able to sell their coins with profit. Soo the big question is each person has invested different into bitcoin, the true believers might had already changed their life, but they still with the coins, its very hard to resist to the actual value of bitcoin being an early adopter, the same way to those wich had invested at 1200 dollars into bitcoin, because its almost 6x their investment.

I know lots of early adopters who sold their all bitcoins for $500 last years, very upset action. They couldn't guess that bitcoin can go that much further. We don't even know if it can really weach $100.000 levels as the rumors are taking place.

Flodemaga

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A lot early adopters had sold their coins at 2000,3000 and even 5000 dollars, as any person wich would is able to sell their coins with profit. Soo the big question is each person has invested different into bitcoin, the true believers might had already changed their life, but they still with the coins, its very hard to resist to the actual value of bitcoin being an early adopter, the same way to those wich had invested at 1200 dollars into bitcoin, because its almost 6x their investment.

Osarman

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Quote from: leonair on November 01, 2017, 03:50:09 AM

Quote from: windsee on October 29, 2017, 06:44:34 AM

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

I can't really assume how many people that is holding Bitcoin for that long 3 years, because even me when I see Bitcoin was doubled its price I have a high percentage in mind that I would like to sell my Bitcoin already because I got 200% profit with my initial investment. I think most people that holds that long for Bitcoin is the one that is rich enough to make it is a hobby of holding long term investments with Bitcoin and those people that really forgets that they have a good amount of Bitcoin back then and suddenly sees the current pruce of Bitcoin.

Everybody is investing in bitcoin just for some months everyone is investing into it just because for the sake of huge profit and huge profit come after a long tenure if you want to earn only small part you can cash it out after several month and if you are aiming to achieve big then bit of patience is required and most of people are investing and holding for the long tenure of time so that this coin can serve them in best way.

corroze

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Surely for those who have known and have bitcoin until now can benefit greatly from the results of their patience by holding bitcoin they have until now, and according to probably not many of them are able to survive in holding bitcoin until 3 Years, if there is indeed of course they have gained a life of luxury now, thanks to his patience in bitcoin

etherflyerofficial

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The price of BTC is too high now. I would not hold BTC for long time starting at this time.

entrepmind23

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Quote from: HatakeKakashi on November 02, 2017, 09:12:34 PM

For sure those people hold their bitcoin last 3 years ago are now happy because they can earn a lot of profit now. Count to think of it the price last 3 years ago is 300 dollars only but if you see the price today its already 7k dollars. Your money become 23 times . What if you have hundreds of bitcoin for sure you are now millionaire. I salute to those people bought bitcoin and Until now they hold it .

Yes there are those people who are really lucky to have bitcoin when it was cheaper and just holding it would become millionaire but for many people here who I believe just have known bitcoin maybe this year has a chance still to be millionaire because the price of bitcoin may keep going higher if we keep supporting it. There are some who become millionaires because they hold some altcoins that have multiplied in value from its ICO perhaps. For those who got in just months ago can still be millionaire even this year if they know how to trade because trading cryptocurrencies open so many opportunities because of its volatility and some altcoins do double in value in just days.

TTITA

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I tried to look at bitcoin prices through CoinDesk since Oct, 2014 and found the following

Back to 3 years ago, price 1 BTC was closed around $381
I believe there are some people who have bought a lot of bitcoin at that time.
But whether they just keep it for up to 3 years, or they do it for various transactions so as to decrease the amount of bitcoin they have or even increased. I think myself not be a naive person, if I have some money then I convert into sum bitcoin, of course I will not just to leave it.
I certainly will often see the changes that occur in the market. As to which decisions I will take when bitcoin declines in price, or when it rises in price.

HatakeKakashi

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For sure those people hold their bitcoin last 3 years ago are now happy because they can earn a lot of profit now. Count to think of it the price last 3 years ago is 300 dollars only but if you see the price today its already 7k dollars. Your money become 23 times . What if you have hundreds of bitcoin for sure you are now millionaire. I salute to those people bought bitcoin and Until now they hold it .

mx667

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Quote from: gabbie2010 on November 02, 2017, 08:05:39 PM

It could be quite challenging for those who bought bitcoin before 2003 and still hold it till date, I am very sure just few of them had been able to achieve that aim of holding it this is due to the uncertainty or unstable nature of the price of bitcoin majority of theose holders might have sold it off when the price hits $600 of course they had made considerable amount of profits.

I think there will be many people who are able to save Bitcoin for more than 3 years to be able to profit big. Most people must have a major job or a major income to support their lives. Besides, they can still save and collect Bitcoin in their wallet. Except in some cases people will sell their Bitcoin because of the urgent need or perhaps debt. Some of them may be scared of Bitcoin prices that suddenly dropped so they immediately sell their Bitcoin.

If we look closely, we will realize that in 3 years the Bitcoin price is soaring dramatically. So I guess there will be many people who are so convinced and believe in Bitcoin. There will be a lot of people who store Bitcoin for years.

gabbie2010

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It could be quite challenging for those who bought bitcoin before 2003 and still hold it till date, I am very sure just few of them had been able to achieve that aim of holding it this is due to the uncertainty or unstable nature of the price of bitcoin majority of theose holders might have sold it off when the price hits $600 of course they had made considerable amount of profits.

CoinsInvest9

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Quote from: _Dawid_ on November 02, 2017, 06:39:43 PM

For sure there was a lot of people who could buy(and probably bought) 50 bitcoins for 10-30$ each. So if they invested in that project so early they should at least still hold 1-5 BTC. To be honest i could bet that most of you behave similar currently. But maybe not with bitcoin because of its high price but with others coins. Lately i saw there a few member's posts that they had few BTCs but they have spent all already long time ago.

if they bought bitcoin at $10 - $30 each then i think they sell all their bitcoin when bitcoin reached $1000

lighpulsar07

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Quote from: windsee on October 29, 2017, 06:44:34 AM

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

well 3 years is short there some early adapters who invested in bitcoin in 2011-2013 era where the bitcoin is 1-5 dollar per coin that's why some are holding a thousand btc in their address, and think about that they just earn 6000% profit by holding it for years but it took alot patience to do it and some holders are just forgetting it. by looking in past i just realized that we have made this far and still long way to go.

_Dawid_

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For sure there was a lot of people who could buy(and probably bought) 50 bitcoins for 10-30$ each. So if they invested in that project so early they should at least still hold 1-5 BTC. To be honest i could bet that most of you behave similar currently. But maybe not with bitcoin because of its high price but with others coins. Lately i saw there a few member's posts that they had few BTCs but they have spent all already long time ago.

Redanim

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Probably these are people whose income is big and who knew that bitcoin will grow very fast and high. Those people who needed money, of course they sold their bitcoins. But do not forget about those people who had experience in this area, it also influenced their decision.

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