Topic: Wonder how many people can hold BTC for more than 3 years - page 8. (Read 4066 times)
To me, not so numerous people can invest and hold BTC for more than 3 years for fear of unknown futuristically at exact targeted period. He may decide to sell them at a period where he considered the value to be standard and stabled before that 3 years targeted ultimatum. Another reason to me is that holding BTC that long depend on how financially buoyant the investors are.
I know of a handful who have held their majority since 2014. I believe that many of the BTC holders have cashed out some for a fiat such as USD.
What we are experiencing right now with bitcoin i don't think some of the investors who have invested won't hold their bitcoin for three years to gain profits as long as they can earn a small.profit I'm pretty sure that they gonna sell it.
One thing is very much clear and that is the ones who are having some good patience level are actually the ones who will end up as millionaires one day. The thing is if you have this much of patience that you can continue to hold your bitcoins for more than three years or so, then this will work in your benefit. You will be able to have a huge money then as the market value will be very much high then. There are people who are doing this and are making money.
Many people hold bitcoin for a long time because they know it's profitable and they've made a lot of money out of it.
But I've been holding bitcoin for six months, and I feel like I'll hold it for two more years.
But I've been holding bitcoin for six months, and I feel like I'll hold it for two more years.
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
Yeah that could be amazing profits considering the price has exponentially increased within the 3 years span. But we have different way of strategy in here, I myself could be satisfied with a little profits, sell at best price then wait the dip time then buy again. It depends how you set your play on here. Anyway, congrats to those who are doing a long term holders of bitcoin. Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
Nothing harm in holding Bitcoin for 3 years or more than that, they might be using that as a long term investment like the retirement fund etc for future. Actually this is a good idea holding Bitcoin for several years which will yield some good profit like x5 or x6 times profit maximum. If I have plenty fiat I would have chosen this method obviously.
Over the past few years at the beginning of the new bitcoin was created till holding for 3 years is very profitable and certainly for those who have done it of course now they will become millionaires today. But for now seen from the very stable price movement I think we need to be careful in doing so so that no loss will be obtained.
to hold bitcoin assets for three years I think needs to be balanced with research on the ongoing bitcoin and I'm sure there will be many people who will hold bitcoin for some time for 3 years. Why is that? Judging from the bitcoin price movement since a few years ago so the movement of bitcoin means there is demand for 3 years.
Over the past few years at the beginning of the new bitcoin was created till holding for 3 years is very profitable and certainly for those who have done it of course now they will become millionaires today. But for now seen from the very stable price movement I think we need to be careful in doing so so that no loss will be obtained.
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
Btc like any other coin was really cheap. Remember the infamous Papa John's pizza worth 10 BTC? That dude may have been a millionaire now. Lol. If I were in his time I would be skeptical too. But there are also many people who held their coins for more than 3 years and have been earning astoundingly. But some wouldn't just reveal their identity.
Depends on the amount and how much money you have. If I know that I can afford to hold 1 BTC or even a few BTC for a few years without needing the money for anything - why not?
and why need to hold when you have a target amount before withdrawals?just like me,im holding my btc for almost a year now,but my target is $25,000 so until bitcoin dont reach that amount i will keep it even how long would it takes.but theres different reason for those who only rely their lives for the funds they holding.that if theres an emergency they have no choice but to cash out the funds 
There are plenty of them in here who invested bitcoin when the price was low like $300 or $1000 or even higher prices. Some are doing day trading to make more bitcoin and to continue holding it because bitcoin is still young and had much more to improve this alternative and decentralized way of payment and asset has a bright future ahead. That's why i think people will hodl for years to come.
If someone have bought bitcoins from someone else's money or may be by borrowing money them they certainly cannot hold it for too long, let alone three years. There are people who do this. They get so crazg over the whole profit making thing and end up getting into debts for few or even parts of bitcoins. Such people wont be able to hold it for much longer as they need to payoff their dues and thus they will sell their holdings as soon as they see the prices rise a bit.
On the other hand, if someone bought bitcoins from some surplus amount them they dont have the fear of losin it or rather they can easily hold it for a longer period of time. Someone who have earner btc out of nothing can also easily hold it for long years in order to make good profit because they got nothing to lose, unless they are very greedy though.
On the other hand, if someone bought bitcoins from some surplus amount them they dont have the fear of losin it or rather they can easily hold it for a longer period of time. Someone who have earner btc out of nothing can also easily hold it for long years in order to make good profit because they got nothing to lose, unless they are very greedy though.
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
Thats the key to success; being patient. If you will invest your money in bitcoin, it is better to be a long term investment since the longer you wait and hold your bitcoin, the larger profit you can have in the future. Do not do panic selling if bitcoin is experiencing crash because you will only lose a lot of money.Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
yes, I agree with you but some of us don't have patience and selling their bitcoin when the price is dropped too far. I think this is a mistake because we don't have to sell the bitcoin and we can buy another bitcoin if we still have money so we can increase the amount of bitcoin that we have and besides that, our average buy price will reduce so when the price gets back to increase higher, we can take a good profit if we decide to sell our bitcoin. there are many people still panic when they see the price is down and they cannot hold any longer and they only sell the bitcoin.
Yeah that's likely how thise people were able to hold that long. They don't monitor the price every now and then and probably have a bigger source of income that they can afford to not think about their portfolios. With btc's value today, that would be extremely hard to do
Many people hold bitcoin for more than three years, because they know the potential of bitcoin and it brings them huge wealth.
Bitcoin is a long-term investment, so I've also stored some bitcoins for years to sell.
Bitcoin is a long-term investment, so I've also stored some bitcoins for years to sell.
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
Thats the key to success; being patient. If you will invest your money in bitcoin, it is better to be a long term investment since the longer you wait and hold your bitcoin, the larger profit you can have in the future. Do not do panic selling if bitcoin is experiencing crash because you will only lose a lot of money.Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
yes, I agree with you but some of us don't have patience and selling their bitcoin when the price is dropped too far. I think this is a mistake because we don't have to sell the bitcoin and we can buy another bitcoin if we still have money so we can increase the amount of bitcoin that we have and besides that, our average buy price will reduce so when the price gets back to increase higher, we can take a good profit if we decide to sell our bitcoin. there are many people still panic when they see the price is down and they cannot hold any longer and they only sell the bitcoin.
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
Thats the key to success; being patient. If you will invest your money in bitcoin, it is better to be a long term investment since the longer you wait and hold your bitcoin, the larger profit you can have in the future. Do not do panic selling if bitcoin is experiencing crash because you will only lose a lot of money.Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
yes, I agree with you but some of us don't have patience and selling their bitcoin when the price is dropped too far. I think this is a mistake because we don't have to sell the bitcoin and we can buy another bitcoin if we still have money so we can increase the amount of bitcoin that we have and besides that, our average buy price will reduce so when the price gets back to increase higher, we can take a good profit if we decide to sell our bitcoin. there are many people still panic when they see the price is down and they cannot hold any longer and they only sell the bitcoin.
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
Thats the key to success; being patient. If you will invest your money in bitcoin, it is better to be a long term investment since the longer you wait and hold your bitcoin, the larger profit you can have in the future. Do not do panic selling if bitcoin is experiencing crash because you will only lose a lot of money. Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period
Many people cannot hold bitcoin for that long time. Because when they see a pump they tend to sell their bitcoins. Its hard to resist if you see that you can get a big payout when bitcoin pumps.
I think people who kept Bitcoin that long are those who maybe didn't even have the intention to cope with Bitcoin seriously on long term. Maybe they have bought it and just forgot about it and left it to sit idle in some wallet.
I seriously doubt that all of them are visionaires who knew how the Bitcoin price will develope and thus they were speculating. But if they did that now they are more than happy with their decision.
I seriously doubt that all of them are visionaires who knew how the Bitcoin price will develope and thus they were speculating. But if they did that now they are more than happy with their decision.
Well, that really does make sense. Because clearly, as what I understand it to be, if anyone is serious about something or is really into something, he will always want to have information about it. See it, monitor it etc., etc., etc.. Just like how a man takes care of his car, or a woman with her nails. Those are just a few examples. Now, out of all these examples, Do you think that bitcoins are any different from them? Because I most certainly do not think so. Which is why most of us often look at the prices of bitcoins on the market and get totally depressed when prices go down drastically or be so damn happy that we wanna throw a party when we see huge increase in prices. Therefore, I conclude that most of the people that have been able to hold their bitcoins for that long are people who have only invested very small amounts of money back then and doesn't really care about cryptos that much when bitcoins were still cheap as fuck.
I think people who kept Bitcoin that long are those who maybe didn't even have the intention to cope with Bitcoin seriously on long term. Maybe they have bought it and just forgot about it and left it to sit idle in some wallet.
I seriously doubt that all of them are visionaires who knew how the Bitcoin price will develope and thus they were speculating. But if they did that now they are more than happy with their decision.
I seriously doubt that all of them are visionaires who knew how the Bitcoin price will develope and thus they were speculating. But if they did that now they are more than happy with their decision.
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