Wonder how many people can hold BTC for more than 3 years - page 22.

supine

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Quote from: windsee on October 29, 2017, 05:44:34 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

A lot of people are holding their bitcoin for a long time because they know that it's profitable and they already gained a lot of profit from it. Bitcoin is a long-term investment so if you're planning to buy and sell immediately, you will not gain a lot of income from it unless you will buy a lot of bitcoin.

50ouncebrew

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I know right?! That is something I ask people to do all the time but can they really? With all the external factors that will eventually come into play will people be able to hold off? I'd say people are HODLing on the network.

suvo05

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Quote from: Beerwizzard on October 29, 2017, 08:13:20 AM

Imho you should either forget your password or loose your private key to hold bitcoin for so long. I know a bunch of prople that sold almost all their BTC when it was around 500$. If you've already seen 10x growth it is mentally hard to belive that it will grow 20 times more for the next years. The only thing that I find helpfull is not visiting this forum or any other crypto related websites, such things totaly distract from the final goal.

Don't know whether other users lost their password or not, but I am holding it for 2 years and it is very wonderful to watch how the money is growing by itself. I had told some of my friends two years back that btc had the potential to grow more than 2000$(it gone too far 2000$) they didn't believe me then and now when it valued more than 5500$ they are interested in btc.

Lucius

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Three years is not a long period of time so most of users will hold and try to collect more BTC before price reach 10 000$ or more.But every user have a desired price at which they plan to sell all coins or part of them.Sometimes people need money and they are forced to sell even before they have in plan,and also it can be very tempting if you buy BTC at 100$ to not sell today.Users who not have some big amount will wait more then 3 years-for me 1BTC for 100k$ is nice price.,3-5-10-15 years,more or less I can wait

Bestpromoter

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Quote from: windsee on October 29, 2017, 05:44:34 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 sure there will be more and more investors will discover what bitcoin is

and for sure there will be enough supply to increase the price of bitcoin in that time and also the long time users of the bitcoin will be rich at that time

Beerwizzard

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Imho you should either forget your password or loose your private key to hold bitcoin for so long. I know a bunch of prople that sold almost all their BTC when it was around 500$. If you've already seen 10x growth it is mentally hard to belive that it will grow 20 times more for the next years. The only thing that I find helpfull is not visiting this forum or any other crypto related websites, such things totaly distract from the final goal.

tomahawk9

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Quote from: windsee on October 29, 2017, 05:44:34 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

You would be surprised at the amount of people that have been holding they're BTC since the very beginning. Obviously, one of the reasons they're holding their coins for so long is the joy and happiness of seeing that you're getting richer almost every month. That must be an amazing feeling.

You could be one of them, start holding bitcoins right now and come back in 3 years. Who know what the price is going to be by then?

Svener

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Ofcourse many people are doing this because they know that the potential of bitcoin,many people are doing it as an investment because bitcoin is giving more profits than the investment.
If someone want very good reap then he have to hold his bitcoin.

Gozie51

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It is easier said than done in holding bitcoin for that long time.
The reason is , many people didn't know the value would be this tremendous and so, they sold of or were nonchalant about it.

However, with the outstanding growth of bitcoin, people have seen the need to hold, they either invest on altcoin with the intention of holding for long in expectation of what happened with bitcoin.

EXtremeAEX

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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.

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 ~~would~~may become one too after 3 years.

karmamiu

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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.

windsee

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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

Topic: Wonder how many people can hold BTC for more than 3 years - page 22. (Read 4117 times)