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Topic: Wonder how many people can hold BTC for more than 3 years - page 19. (Read 4117 times)

sr. member
Activity: 385
Merit: 250
That was a 20x increase in a span of 3 years. If the same were to happen in the next 3 years, we would be sitting on $120,000 per bitcoin. That is just crazy. I will be holding by the way.
legendary
Activity: 938
Merit: 1002
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

actually bitcoin already existed from 2009 you can see the graph in 2009 until 2017, if you hold it from 3 years ago I believe you will get many advantages and have become the richest person
Not everyone must have seen the advantage back then. So many people were even surprised that it could pass $10, I have read some posts on this forum where people speculated that Bitcoin would never get past $15 at most. Lots of people must have sold, there is no doubt and so many people held, so it depends on each individual and how patient they get when it comes to investments.
full member
Activity: 616
Merit: 100
yeah maybe some people hold bitcoin for the long term investment, maybe they wouldn't open theiw bitcoin wallet until they need that money, if they dont need that money so they will close the wallet and close about bitcoin price right now
hero member
Activity: 980
Merit: 506
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
If I would have had money to invest in bitcoin I would have kept my bitcoin in the wallet until now. The problem is that I dont have money to invest in anything so everytime I get some bitcoins in my wallet I exchange it for fiat.
It is pretty hard to keep bitcoin when you see that the price is going up so much because you are afraid of not losing it. But there is no reasons to worry. The price will go up in next 5 years.
It is all about the need. For example if I hold bitcoin in my wallet and I do not need them why would I sell them? Definitely I would keep them in my wallet and when I need I will sell them out to fulfill my needs. I myself hold my bitcoin for my future dreams which I have seen for my family. I don’t need to sell them today because the price is rising continuously and I want more and more money to earn.
full member
Activity: 354
Merit: 100
         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 think its possible if that person is so many tokens who hold. And he or she waits for the right time to sell it or he or shes waiting for the right time that the value of the token is high.
full member
Activity: 266
Merit: 100
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
It takes serious discipline to stop the urge of selling your bitcoin when it's price has doubled or even 5x its original price. That's why many people regret selling their bitcoins during that time. I think I would do the same, having double or even 5x the price of your coin is such a huge profit. Even I would never have a second thought when I'm about to sell my coins.
member
Activity: 74
Merit: 10
Standing on the shoulders of giants
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 am holding it for more than 3 years - just bought 1BTC back then -, but I cannot enjoy the profits yet since I don't want to sell it  Grin
legendary
Activity: 3332
Merit: 1191
I was here 3 years ago and I have something saved from that time, not much that is a real shame, I could have much much more then I have now. I'm saying to some of my friends this days that we could be millionaires by now in 3 years, and with minimal investments, all they needed to do is to believe in my words and my dream about bitcoins.
I still have a dream and I'm sure that this is not over, its far from over, new wonders will rise again, and bitcoin price will rise like many other alts will. Be smart and keep some bitcoins, invest in some alts and hold them to. I made some mistakes, I was newbie and I didn't know nothing. Now I'm older with more experience and my advice is keep something for the future, its not late for holding.
full member
Activity: 287
Merit: 102
Of course. Most of the older members here started before 2013-14, and I bet some of them have been holding some since. I'm sure there are many out there too, and if you want a good read, or to relieve personal dreams/fantasies, here's a good article of how a kid bought many BTC at $10 each and became a millionaire. Smiley

https://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.html

Just hold them now and you wouldmay become one too after 3 years.
Yes usually it takes several years to become a senior member in the forum of bit coin so surely most of the people will have hold bit coin for the last three years and it will be very difficult to imagine the benefit of those investors who hold the bit coin for the last three years and they will become millionaire and even billionaire.
sr. member
Activity: 1400
Merit: 420
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 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.
full member
Activity: 476
Merit: 105
For the past years where btc is still cheap and the majority of the people have their perspective that it is a scam coin of the btc have a huge dump like 20% above they will surely do a panic selling because they assume btc will fall, some of them bite to the temptation of selling because the price is increasing thus giving them 2 - 3x return of their investment but some of them are still holding until now, the pioneers that always believe that btc have a big potential, but for this days it is normal to hear some negatives rants about it even in mainstream media, it is normal to for btc to have a big dump to its price because we all know that not just a bounce back but a huge pump will increase the majority of the people who holds the btc are many.
sr. member
Activity: 805
Merit: 250
         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 believe with that. They treasured bitcoin and keeping it for a long time, and considering that it could be useful in the future. And they are absolutely right, because value of bitcoin today is very far compared before and its a big money if it is converted into USD now. Maybe they didn't expect this to happen that bitcoin would be very popular and become a most promising investment right now.
sr. member
Activity: 1148
Merit: 300
I guess those who were able to have their ICO and those who managed gambling site are the people who were able to hold bitcoin 3 years ago and if there are some ordinary people who hold it I'm sure some of them were having their own business enjoying their income and might be millionaire at this point. Really the growth in bitcoin value is amazing and inspired a lot of people here to hold bitcoin for few years to enjoy the good harvest
well i think there is no person that can hold btc  in 3 consicutive years or maybe if there  are  a person can hold bitcoin that far.maybe they are only few because  people who have a great patience  is only few.and others dont really have patience some people just holding btc for only one year.and if we talk about 3 years i believe  it is really hard to hold it .
full member
Activity: 266
Merit: 111
I guess those who were able to have their ICO and those who managed gambling site are the people who were able to hold bitcoin 3 years ago and if there are some ordinary people who hold it I'm sure some of them were having their own business enjoying their income and might be millionaire at this point. Really the growth in bitcoin value is amazing and inspired a lot of people here to hold bitcoin for few years to enjoy the good harvest
full member
Activity: 380
Merit: 100
For sure there will be a lot of person that will do this. It was already a fact that 3 years ago bitcoin price was bit small but now its really expensive. So for sure, there will be a lot of person that will hold this and wait. Specially for those who have available fund to invest for a long term.
full member
Activity: 1638
Merit: 122
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 believe most people cant really hold their bitcoins or other coins for 3 years because that seems so long and most humans needs money to live therefore they should have withdrawn it even if they cannot get much profit on their invested coins not unless they are rich or billionaires that wont care much if what will happen to thier invested coins online though it also requires much patience and self control to hold much longer in terms of trading.
hero member
Activity: 1344
Merit: 502
There's far more interest or should I say 'hype' now then there was before both for Bitcoin and the entire cryptocurrency market but smart investors are in it for the long term

Buying BTC now and holding for 3 years wouldn't be so difficult if you were planning to invest and HODL but you'd want to keep tabs on any serious competitors that may appear
legendary
Activity: 2716
Merit: 1017
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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
Do not know how many people will hold Bitcoin for the next 3 years. It is certain that the people who hold Bitcoin are very fans of Bitcoin and still believe in Bitcoin. It is very profitable to hold the coin for that long maybe the price is now doubled.
sr. member
Activity: 371
Merit: 250
there are a handful of long term holders of bitcoin here, but the initial amount of that btc was already traded but they still do buy-back method, like if they had 20 btc at a start worth 300 USD each and its worth 6000 USD initial investment 3 years later the BTC surge to 3000 USD, so what they do is sell-off like 3 to 5 btc and they get 15k USD, so they made a profit more than 200 % percent out of 3 btc, they will buy back if the btc drops to 3k below like 2.5k. and bought 1 btc again, if it hit again like 5k or 6k then the same process they will do. 
Yes that is right that there may be still some early holder, but i think majority of people may have got their profit from bitcoin from time to time, because bitcoin price is unpredictable and no one can say that either the price of bitcoin will continue increase or will decrease. therefore i think it is the best decision to take the profit from from time to time so as to reduce the risk of losing the profit again.
sr. member
Activity: 274
Merit: 250
I think quite a bit of them out there, I myself included, although not big amount. because if you think, 200~300USD is not that few for young people with little money (as you don't know where the future price will be, it can be 0 next day, look at Mt. Gox...)
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