Typically, Bitcoin investors in 2009 will probably have Bitcoin holdings for three years or longer. but now it's just enough to make a profit, people will sell bitcoin and wait for the price to fall and then sell again when the price increases.
Topic: Wonder how many people can hold BTC for more than 3 years - page 4. (Read 4127 times)
One thing you should know is that Bitcoin is kind of a bit manipulative and the best thing you can do is to set a target and withdraw once you might have accomplished your target or give it a little more time before withdrawing.What I mean is that there are people who usually manipulate the price of Bitcoin and they withdraw immediately before the main investors withdraw. So if you don’t want to be part of those that will end getting that year, it will be best to do the right thing at the right time.
Yeah you are right, you got to have a goal or something like a plan that you have to follow. Don't be too greedy that you want too much profit in this. If you think that you have already gain profit with your holdings then better to withdraw and plan for your next move. You know cryptocurrency is so unpredictable that anything can happen in just a matter of days. 
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
Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
Probably so much since that time they are one of the first batch of people who recognized Bitcoin in its early time and being updated is very hard I guess, so by this time I believe they are probably making this real, they are mow successful nowadays and they have start up their business already, and the fact that they have gain so much from holding I guess they have now invest it to stock market I may not know the exact price but I believe that costs a lot.
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
Yes I'm pretty impressed on those who hold bitcoin for 3 years or even more, even though the prices are dropping drastically if they sell it now they still get a big profits, but I'm not sure anyone's holding bitcoin that long, as we know that we do not know the price of bitcoin in the future.Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
There are actually people that holds Bitcoin for 3 years and I think those are the big whales. Having so much Bitcoin in their account then they can probably hold it not just 3 years but more than year because Bitcoin keeps increasing as the year is passing by. For ordinary people who only have little amount of Bitcoin will also probably will sell because they already earned enough profit.
First of all to the op, were you able to hold your Bitcoin for 3 years? I don’t think anyone has been able to do that, no matter how much you think you know about Bitcoin. I have not been able to do it, all I usually do is invest money when the price falls to the lowest and wait for it to reach a target price, then I will withdraw my profit. I can’t invest and hold for years, you never know the outcome. But if you’re able to hold for as long as that, then good luck with it. Everyone can’t be doing the same thing.
I don't think that there are many of such people. Most of them sold bitcoin at 10K+ points for sure.
I won't feel anything special if Bitcoin is hitting $50K in next 3 years unless and until there is some utility value for the same. I am eagerly waiting to use Bitcoins for my offline transactions without converting it in the fiat currency. I am willing to gain that sense of uniformity on a global level in the financial sector with Bitcoin and price is a secondary factor in this whole process.
Last year when the value of bitcoin becomes $20k many people has been dreaming that their hard earned money could make them profitable too by investing in bitcoin that they have proven enough that it will gonna reach that kind of amount someday or few years from now, so for sure millions of people will gonna hold their bitcoin too.
I won't feel anything special if Bitcoin is hitting $50K in next 3 years unless and until there is some utility value for the same. I am eagerly waiting to use Bitcoins for my offline transactions without converting it in the fiat currency. I am willing to gain that sense of uniformity on a global level in the financial sector with Bitcoin and price is a secondary factor in this whole process.
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
Yes I'm pretty impressed on those who hold bitcoin for 3 years or even more, even though the prices are dropping drastically if they sell it now they still get a big profits, but I'm not sure anyone's holding bitcoin that long, as we know that we do not know the price of bitcoin in the future. Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
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
Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
With a lot of FUDs and declines that is happening these days, I don't think that they will be able to hold it for that long period of time. Most of the investors on digital currencies are short term holders. And digital currencies has a tendency of pumping its price to unbelievable price in a short period of time so 3 years is a long time to hold it.
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
Honestly, not all of us could hold bitcoin for more than 3 years because we cannot avoid spending a lot of money in a day or a month, aslong it is our needs. But if a person already has more than 3 bitcoin i think that person can hold bitcoin for more than 3 years without any difficulty in spending their money.Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
One thing you should know is that Bitcoin is kind of a bit manipulative and the best thing you can do is to set a target and withdraw once you might have accomplished your target or give it a little more time before withdrawing.What I mean is that there are people who usually manipulate the price of Bitcoin and they withdraw immediately before the main investors withdraw. So if you don’t want to be part of those that will end getting that year, it will be best to do the right thing at the right time.
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
Honestly, not all of us could hold bitcoin for more than 3 years because we cannot avoid spending a lot of money in a day or a month, aslong it is our needs. But if a person already has more than 3 bitcoin i think that person can hold bitcoin for more than 3 years without any difficulty in spending their money. Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
For me, there will be plenty of people will keep their bitcoin for more than three years, If you read the articles or news about the people, that a become millionaire and billionaire with the help of bitcoin you will notice that they hold bitcoin for like 3-4 years. Yes, it seems that it is a very long period of time to keep your bitcoin, but it is worth it right. You become a millionaire by just buying your bitcoin at an affordable price and hold it for a very extended period. But look at now, they reach their goals and dreams, so I think many people will just keep their bitcoin whatever it takes.
I must say that there are so many people who are doing and that they are quite confident that holding of the bitcoin for a time period of more than 3 years will help them in earning of far more money than they have initially invested into it and that they are doing nothing else but keeping their nerves under their control and are quite hopeful that their patience will result in their desired results.
For me, there will be plenty of people will keep their bitcoin for more than three years, If you read the articles or news about the people, that a become millionaire and billionaire with the help of bitcoin you will notice that they hold bitcoin for like 3-4 years. Yes, it seems that it is a very long period of time to keep your bitcoin, but it is worth it right. You become a millionaire by just buying your bitcoin at an affordable price and hold it for a very extended period. But look at now, they reach their goals and dreams, so I think many people will just keep their bitcoin whatever it takes.
A lot of people would certainly hold bitcoin for more than three years and I am one of them.
You are talking about only three years? There are some ultra legends who have held bitcoins for more than 5 years. They had bought bitcoins at such low prices and see the prices now, they have jumped from some tens to thousands. And those legends have got extra pack of profits by showing continues determination and patience towards not selling. So yes, they exists as well and earning money. 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
this is a simple question but tol difficult to answer,because even those who calls themselves a HODLERS cant even says may stand for 3 years continuously holding bitcoin specially when pump happens,just like last december 2017 when price climbs up almost $20,000 that caused panic withdrawals to take advantage the highst price bitcoin has even had.so i cant give figures on this one Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
I think people invested in Bitcoin like retirement plan or long term for other reasons may hold it for 3 years or more. I know some of my friends who bought Bitcoin last year when the price was $1000 and they are still holding it, when I asked them when they will sell and they said they have invested for 5 years as a long term investment. Guess they will become millionaires if the hold a bunch of Bitcoin.
I believe there are quite a number of investors who are doing long term investment in the crypto-currencies trading market, we have already seen quite a number of people who became millionaires after holding bitcoin for a couple of years and they belongs to the group who bought bitcoins at a very low rate few years ago.
Three years ago it was maybe easier for people to hold their bitcoins! Because they could by some and forget it. Now you see everyday fud news from mainstream media. Everybody knows about bitcoin. And if you buyed some one and tell your friends, everyday when you will see them they will aks you about it. So these factors makes it lot harder to hold bitcoin from nowadays for the future. To much fud around who scares the people to hold!
I disagree with this, holding bitcoin has never been easy for example when bitcoin was just beginning there was a big chance that bitcoin could disappear then after this some years later we had the incident with Mt Gox and that crashed the price and now that it seems were finally getting some good adoption we got another huge crash if you look at the charts of bitcoin you will see a bunch of crashes way bigger than the current one, so holding has always been hard. Jump to: