Bitcoin Forum

Several years ago I asked in these forums about how I could buy several hundred thousand dollars worth of bitcoin.   It became obvious, back then, that it would be a nearly impossible task.   I would have faced sanctions by my bank, I would have moved the price and I would have had to deal with a mysterious Japanese company called MtGox.

In the end, I sadly took no action.

Everything has changed.  It is now 5X easier to buy bitcoin.   I am now a regular buyer of bitcoins.  I don’t care that the price is 10X or 100X what I could have had them for.

So why am I buying now?

Exclusivity
Firstly, there will never be more than 21 million bitcoins.   There are more millionaires than that.   I like to own something that not every millionaire will be able to own.  It’s exclusivity.   I own something that has a limited supply, so not everyone can own one, but I’ve got lots of them.

I don’t need to ask permission to spend them
Secondly, I like the fact that bitcoin is “permission-less”.   I won’t ever have to ask permission to spend or use my bitcoins - not that I plan to use them. Everything else I own (in the form of financial assets) is in the hands of a bank or a custodian.  I can’t spend my money without permission from my bank or credit card company.  

Bitcoin can’t be “frozen”
If a business deal goes wrong, if someone sues me, if a future wife divorces me and says “I get everything”, if I am friends with a sanctioned political leader - because you survive by being on the side of those in power, - if, if, if, if....... so many things might go wrong.  I could wake up one morning, and find my bank accounts frozen, and my credit cards don’t work.   They can’t ever freeze my bitcoin.   The code is in my head.

What’s wrong with cash or gold bars?
The most obvious disadvantage with cash is that it is being de-valued all the time. It’s great to own for a year or two, but in the long run it’s going towards zero.   Secondly, they change the colour and design of the bank notes every few years.  You have a limited time to change old for new.  Then, if you are changing more than a small amount, you have to start answering questions and providing documents.   Lastly, you can’t cross the border with more than 10’000 dollars or euros in cash without filling in forms, which could lead to another line of questioning.

As for gold, it also is difficult to transport without customs declarations.  Gold bars or coins are not easily divisible into smaller sizes.

Excellent post! This is a very valid argument for the merits of bitcoin and the value it has in terms of usage.

It's great that buying bitcoin is becoming more accessible. That also means that it is becoming more easily monitored, however. Easier access for you means easier access for them. So if it's something that you're trying to avoid being noticed for, extra precautions need to be taken of course.

The thing that amazes me about bitcoin now is that you can literally walk into a shop with cash in hand to purchase it. Or you can meet a fellow from localbitcoins who will take your cash and send you coins. It's about as anonymous as it gets. Or is it? Could these people be working for the tax authorities?

Well, who said newbies can't post good shit in these places?

I look back to when I first head of Bitcoin circa 2013, (not the same time I actually started learning and using it, mid 2016), and it has certainly come some ways in 5 years.

Great point on permission. I often say that spending any other form of money relies on the trust that the party you've executed to settle the payment on your behalf will, indeed, execute the payment. But permission is actually also true. I make purchases with money other than Bitcoin, all based on the hope that my bank will permit it (and the recipient's bank as well).

It's important to temper these points with some shortfalls of Bitcoin as well, of course. Just so you don't get lost in the clouds;) For example, not everyone I'd like to send money to could use and operate Bitcoin easily, due to no access to internet.

Respect that you do not buy Bitcoin because the price increases day after day or you will become rich once you buy a few coins and store them for some years.
It's horrible to think of Bitcoin as just a way to make quick profits and exit the market or buy more of shitcoins.
you have pointed out some excellent points such as the possibility of carrying more than $ 100,000 in your pocket and converting a million dollars using $ 1 fee and other things. "not just linking it to gambling."

I am also a bitcoin buyer from the day when bitcoin is available in some online store that I looked up. Many of us buy bitcoin, We know that it can be the future of currency which likely to happen right now because many investors around the world are using it right now. And in some country, it is their alternative currency.

Regular bitcoin coins are often compared to gold. In fact, gold is a real physical asset that you can see with your own eyes or are satisfied with the weight of a gold bar in your hand. When you own gold, gold is still gold. You also do not have to depend on the Internet.

Another difference in gold is that it has been used as a storage place for thousands of years. A gold coin is still in your pocket whatever happens.

Meanwhile, bitcoin is nothing but a line of code that exists anywhere on the Internet. You can not handle it, you can not cast the bitcoin into your pocket. If you lose the code, you will lose bitcoin. No matter how big the bitcoin is, it will never replace gold.

However, both Gold and Bitcoin deserve an important place in your portfolio. Gold has gone through many challenges, while bitcoin has only just begun. Blockchain technology will thrive in the future, and when you have the opportunity to "buy the future," you should embrace it.

nice, I also think so btc free of monthly taxes and even annual expense is only for delivery and exchange is not too big and very light, see the amount of bitcoin is very fun have a limited assets in the world
easy to store, low cost and easy access hence I also choose bitcoin for future assets

Supereb post by a experienced newbie.Day by day transactions are increasing in blockchain, this is a good sign for the crypto world.if some one thinking to enter crypto ,this is the good time for it.Most of coin are in dip,including Bitcoin  8)

While it's great that Bitcoin has a limited supply, don't focus too much on that since there will always be enough supply in form of sellers looking to unload coins at prices above their entry points. It allows coins to circulate from person to person without anyone ever going to see a completely exhausted market. I would have liked to see why you think Bitcoin is better than altcoins, and why you think it has more long term potential. Other than that, it's great to see that not everyone is here for gains only. It admittedly is important, but not the most important since we're out to ditch centralized players as much as possible....

At the moment bitcoin is becoming popular, many people are currently investing with bitcoin, despite its many shortcomings and advantages but from its excess bitcoin is not owned by any country, it will be an advantage because no other country is responsible for this bitcoin differently with real money directly handled by the country where the exchange rate and its management are determined by the government. Then in terms of security, Bitcoin itself can not be falsified because it does not have a form, unlike the original money, most importantly Bitcoin avoid inflation because it can not be influenced by politics and government from various countries ... hence the reason is very strong also for people having an investment in this Bitcoin.

I just wish that I am as courageous as you do. The mere fact that I can't afford to lose a short amount during the price movement is annoying me alot. So i have to stick on converting bitcoins into fiats.

Plus all my earnings will go directly to my family needs. I can't manage to set aside some amounts right now. Tho I am currently thinking about what you have said that the banks can't froze bitcoin. In that way I can easily get it on terms of emergency. Especially now that it is much easier to buy and sell cryptos.

So having an emergency funds for me right now through bitcoin is a must thing to do.

All those who are looking for investing of their money prefer to make an investment at a place which can then help them in having more money as more profit will then help them in having a chance to live a better life. There are investors who are not only investing in bitcoin but they are also holding most of their coins as this will then help them in having some huge profit after some years.

Happy to see supports from the people like you over bitcoin. I see the Bitcoin price changes from the past three all possibilities shows bitcoin seems go bigger in the market. Henceforth we do not worry to invest on bitcoin.

Whatever the marketplace value don't worry about it and just go to invest. This is the advice I would like to give for all the people.

Great post by the OP, I love the point about exclusivity and the amount if millionaires.
Supply and demand will be a big factor in the future.

I would hazard a guess that the bitcoin whitepaper is grossly misunderstood or ignored
by a lot of people. All of the points made by the OP are exactly why I have bitcoin.

These points are the basics and fundamentals behind bitcoin.

Why do I buy bitcoins-and why I keep them. actually I own still qualifies as a new this, about bitcoin and so forth, but I think by buying bitcoin Moreover we buy at current low prices are very good and could take a profit when we sell it at a time when the price of bitcoin high in the online market, we also have to take care of her because of the bitcoin also includes money although digital form but that we can swap into the currency as we want. Therefore if the price goes down again quickly bitkoin we bought it if it can be as much as the number because it could be an investment or savings as well.

Yes it is more important thing,the quantity of bitcoin is very much limited when comparing to the world population so if you can have some bitcoins and in few more years the real value of bitcoin will evolve at that time the early investors will get more benefits.Even now the price of bitcoin is very expensive when it was used by very small community of people and let's imagine the value when whole world using it,you will become a millionaire even if you hold few bitcoins.

Will not be complete if you are not talking about the current disadvantages of bitcoin:
Bitcoin can not inherit, when you lose if your family does not know your password will never get your bitcoin. And that would look like the account died and that bitcoin would take forever
Lack of something called privacy, when someone has your wallet address. They can go to your address and see your balance.
When you move the wrong bitcoin to another address you will not be able to get it back
When you lose your pass or forget it (when you get older or have problems) you have no way of getting back your pass.

Currently, according to forecast coin rates, the fever continues to occur as bears are dominating market. No one knows how low price may be, but one thing is sure hundred percent bitcoin will last forever, never goes away, so everyone's job is just Hold.

Everyone who is there in the world of the bitcoin has his own reasons for investing in bitcoin and that they have their own different strategies at time when they are busy in dealing with the things related to that of the bitcoin. It is better to hold your bitcoins as holding will then help you in making more profit because the market value of the bitcoin will rise higher with increase in demand.

Yeah, even if we hit the real bottom for sure bitcoin will bounce back again. Imagine this technology in the future, where a lot of countries fully accept cryptocurrency, for sure its value will increase more. You are doing a good decision of buying and holding with bitcoin.

I am buying bitcoin because I want to used it for my trading and I keep some of them for my hodling because I know that in the future that the bitcoin will be having a good price and it will give you a big return of investment. The bitcoin is good for trading and good for hodling cause it has the highest volume and highest price of the coin in the market. No other altcoins can beat the value of the bitcoin that is why when the price of the bitcoin pump and dump it affect the price in the market.

One of my plan as well is to keep 1 bitcoin for more than 10 years. This idea wasn't totally mine but I have read this suggestion from someone here in the forum.

It can be our retirement plan or it can also be passed to our children as we grow older.

We're heading to another halving 2 years from now and that can be another increasing trend for bitcoin, remember the effect that took after a couple of months.

Indeed people should consider buying bitcoin while they still can because the price is pretty much unpredictable imagine from nothing in 2009 and now it has reached $7000 with it's crazy volatility no one expect that bitcoin would come this far and be used by commerce and e-commerce globally and invested by institutional investors.

But, the biggest problem will be if you die, imagine that you have 100 btc and you die, how your wife and children will be able to have access to those 100 btc? this is the great barrier that we can find in bitcoin. If on the one hand you give your private keys to your wife or children, you risk being robbed and if on the other hand you do not tell your wife or your children that you have 100 btc, then you can let your precious children and woman suffer in this cruel world.


In my country it is forbidden to walk with $ 3000 in your pocket, you can be arrested if it is found with that amount of money and as for gold. well if the person walking with large bars of gold can also be arrested if you do not have documents. In that part bitcoin becomes more advantageous.

i think that the only advantage that the people want to get from bitcoin is to increase their assets. They know that bitcoin price has too much potential and it will surely increase in near future therefore they are trying to buy bitcoin in low price and then hold it for some time so that its price increase too much and then give them a very good profit.

If you look at this year, it's very far from what you say. Bitcoin dropped dramatically starting last January and until now is still strong to decline. Look like this year will be different from the previous year, like 2017. And 2018 too many regulations that reject bitcoin, and too much an exchange or our wallet that is vulnerable to hackers which is one of the special factors that must be fixed by the developers. I'm not sure yet, newcomers will truly believe in bitcoin or cryptocurrency in its entirety again.

Trickyt57 if I could give merit to you I would (sadily I cannot :(!)
You do bring up some valid points around all of this - however sometimes there are laws in place that might still come after your digital assets though.
There is always still the risk of hackers and advances in technology. I guess in terms of estates and wills - that is something one would have to look at too...
Also regardless the Bitcoin is risky and I think it will remain that way it seems.

All those investors who are buying the bitcoins are only doing it because of the reason that they exactly know the worth of the bitcoin and the way this crypto coin can give them a chance of living a life they dream for. Moreover, holding of the bitcoins gives you a guarantee that you will be making more money as the market value of bitcoins goes up most of the time.

It's a natural desire when you want to invest and saving for. I think If you want to make a profit within a short time period then you can choose the blockchain system for this purpose. on the other hand, If you want to make a profit for a long time period then you can depend on the Bitcoin saving, I may assure you that you will get a handsome amount in the future for sure.

And don't forget that high trust here is really necessary so that we don't feel hesitant to hold it or stay on what we are trying to do with bitcoin. Whatever the purpose is certainly beneficial if we succeed in understanding everything related to it to everything that can affect it till on its strengths too.

Bitcoin can’t be “frozen”
If a business deal goes wrong, if someone sues me, if a future wife divorces me and says “I get everything”, if I am friends with a sanctioned political leader - because you survive by being on the side of those in power, - if, if, if, if....... so many things might go wrong.  I could wake up one morning, and find my bank accounts frozen, and my credit cards don’t work.   They can’t ever freeze my bitcoin.   The code is in my head.

I love that one, specially if no one knows about how many bitcoin or altcoins that you've had already. This will be the back-up plan on your life and possible can named as "the comeback" of course. That will be a great solution when disaster come. But hopefully, you divide or separate them to avoid a full loss from scamming or hacking. Well posted folks!

Very few people may be buying bitcoin to use it for different purposes, but I think that most of the people have only one reason to buy bitcoin and that is that they are confident that bitcoin investment will give them a good profit. Those people who have bought bitcoin few years before now they have made a good profit from it.

The supply of bitcoin is indeed limited, but will you still be sure if anyone will say "after bitcoin has been mined then it will only be garbage?" to trade bitcoin we have to use fees, while the fees will be received by the miners, after the miners have run out of what they mine, can this transaction still work? What if it happens in the future? But with a variety of reasons I also hold it because in the future I also believe that bitcoin will be very valuable as an asset of classic goods.

Op teaches us how valuable bitcoin is in the future, he is very confident in the high prices in the future with the growth and spread of bitcoin that continues to occur but the total supply of bitcoin which remains only 21 million, will make bitcoin prices exorbitant in the future, thats why I keep them also

In fact, you don't need too much validation to explain that Bitcoin is worth investing. You only need to carefully observe the market for three days. You will find that only Bitcoin can guarantee a steady rise or fall.

You’re very wrong by saying that cash is being devalued at all times, that’s totally wrong cause there are different currencies; we have dollar, pounds, euro, yen and a lot of them, and they all can’t be the same value at the same time, there will always be difference in value. So if you want you can make use of a high valued currency in storing your wealth. I am not going to discourage you from using Bitcoin as a way of storage, it’s a matter of choice, so I’m not going to change your mind.

Still I love the reasons you have mentioned why you are buying and saving bitcoins. I guess many people might have enlightened by your reasons. I am believing into only bitcoins even I do hear about lots of other coins performances. In other words if bitcoin will be having higher value then those altcoins also will have better value hence bitcoin must be the core reason and saving it will never let us go down.

Since bitcoin keeps on growing I also believe that buying more bitcoin will helps you to become more successful in the future. This market dumps many times and yet many investors are still coming because they know that bitcoin will be last forever so they try to hold more btc and become a winner in the bull market.

Of course it is technological era and all of us are trying to buy more bitcoin to hold, holding is the only way to have better profit and make our future so I support you in this matter, if I will hold my coin so I will be able to get more than this for selling later on, price changes if today you will buy on 1k dollar tomorrow the price will be almost 4k dollar so this is the philosophy of bitcoin investment.

I think you have to know your self the purpose and why you buy bitcoin, don't just follow the trend and don't know what you are going to face, you have to ask yourself dude, why do you have to invest in bitcoin, because that is what will be the foundation for you to  believe to hold bitcoin for a long time

Of course now it is good to hold because price use to rise and it never stop at any point, I am sure one day it will be above your expectation, I have seen a lot of people getting good advantage of buying bitcoin at the lower price as it is right now and it keep on rising since now, I prefer buying at low and hold till it get high so that is the reason why I am with bitcoin and I never stop investing and buying coin.

Some of the info in the OP is stuff most of us knew but I did not knew there were more than 21 million millionaires, do you have a source for that? For a long time I have always thought the price of each coin will get very high if it becomes used all over the world, but if this is true a person that buys a single bitcoin and holds it for a very long time could change his life by just getting into the market right now.

It is now one types of business actually. If you don't keep or don't buy any single piece of BTC  , from where you make profit? In the present world there has a great significant of coins like BTC. You can make profit from buying and selling this coin. While it's great that Bitcoin has a limited supply, don't focus too much on that since there will always be enough supply in form of sellers looking to unload coins at prices above their entry points. It allows coins to circulate from person to person without anyone ever going to see a completely exhausted market.

Doesn't really need a source yet this is only just a presumption when he do say about 21 million millionaires which he do talk about bitcoin holders and having positive views wont really be that bad but be sure on the amount you have invested aren't the amounts which you do make use on your daily living or on your full force or all in with your life savings. Only invest on the amount that you can able to risk.

Bitcoin, in my opinion is the best cryptocurrency investment.
It is fairly stable (although cryptocurrencies is a very volatile and unpredictable area).
Bitcoin is less prone to wild fluctuations.
It is limited, so only so many people can own it. This drives the price up.
It has a high value and market cap.
It us the most accepted cryptocurrency.
Many reasons to own bitcoin.

Bitcoin is the first Crypto to use blockchain technology in the financial sector. Bitcoin's Blockchain records all transactions, can not be repaired, can not be fraudulent, so everyone has absolute trust so Bitcoin automatically gets workers a currency.
Basically no one can intervene in Bitcoin's operation once its network is up and running, even its programmers, even without any government decision. Any change must be agreed by the community. Transaction costs are very fast and cheap because transactions are very simple between the computer and the computer, there are no people in the middle of the transaction as traditional transactions.

Me myself is not buying bitcoins because im not an investor or trader but i still do earn bitcoins and i did kept them because i have a better plans for them in the future specifically to sell them in a much higher value .

not only in the means of earning a profit but also to improve my life because im also using my bitcoins to pay someone and to pay my bills instantly without needing to travel far away from my home . bitcoin is really an amazing tool .

Bitcoin has existed for many years and has many difficulties with it. It has become a great proof that the strength of Bitcoin's efforts is growing. So it keeps the style in the market. Have the trust of the community and represent the electronic market to trade in all different financial sectors. So people trust and want to keep them long.

I believe you are service provider who I working for bit coin payment mate. As I have invested and waiting to profit alone in the market so buying seems little different for them.

Please check at the good time and invest in the coins according most of the people will looking to buy say bear market and this is the time for it.

a very complete and interesting discussion of the oldest crypto, bitcoin, with an amount that is almost gone to be mined so that it has a rare value and this will get even more fantastic value. crypto can cross countries or continents without any restrictions and regulations (this is what many countries fear) and if you are a corruptor and spend a lot of your fiat on crypto, can the country investigate and withdraw your crypto?

this is one of the best speculation about bitcoin.
thank you

Yes no doubt that bitcoin is an assets and most of the people are holding bitcoin only for the purposes to make profit from it. But I think that different people may have different reason for that. May be some people are buying and holding bitcoin only for the purpose to use it for online buying and shopping purposes.

Thank you very much for your meticulous analysis. I am a Bitcoin believer. I have always believed that Bitcoin will have a very good future in the future because it is a unique coin!

We are buying bitcoins because we want to sell it in a higher price than the price when we bought it. Since bitcoin's price is very low now, it is a chance for us to buy and just hold it until the price come back which is a high price like last year. When it does, we can sell it so that we can make more profit.

Bitcoin si good to buy because you can get high chance to get more profit because the price of the bitcoin now are dumping and after the price decreased we will see the price of the bitcoin become 10k dollars again upto 20k dollars.

Keep your bitcoin and don't sell it because if you keep your bitcoin in your wallet you can help to the community to recover fast and that is good to see that. There's a lot of benefits of holding and buying bitcoin now and better if you have good decision and that bitcoin price up again .

Before yoy buy you must first why you need to buy more bitcoin in their wallet.

yes you are really bitcoin is very special and bitcoin is now a lot of neagra who started using bitcoin as one of the solutions for a safe and convenient payment method.

Yeah same as you I really trust bitcoin I have strong faith for it, gradually and time passage is making it higher in value and importance so I think all of us should try to involve in bitcoin and keep it, buying is good because it makes good amount of profit and holding is good because it gives more profit for holding it long time, now we are in modern age where we need such things to change our life.

Bitcoin is proven over the years now and those who keep on buying this coin for sure they get what they deserved to have. Higher profit is possible, especially when you always buy at a dump price and hold it until the price pumps again. Imagine the increased volume of bitcoin user, the future is here we should adopt the system now.

This is why bitcoin is favorable as an investment because it's free from regulations or government control. And it's much more profitable than fiat or gold investment cause of it's volatility that will not make your money stagnant and will have immediate returns. Also it's much more convenient as payment then moving your gold physically.

I agree, but not for long. Bitcoin regulations has been pushed by different governments from around the world to eliminate such fraudulent activities in crypto space and for the safety of current and future investors. Yet, we all know that the government will directly benifit the most from regulation, as they are going to put ridiculously high transaction fees and taxes in all exchanges in which we as investors will suffer in the latter part.

Bitcoin have so many multipurpose use as it can be used as an investment whether it can be short term or long term. It can be used for the daily purpose needs as if your country has accepted it you can make your bill payments through btc or other daily needs item can be brought from it.

Just hope bitcoin prices will rise again this year. If you see the function and security I agree bitcoin already has both. Just volatile price is a big consideration for new people who want to buy bitcoin, even though at volatile prices can bring profit, but they don't know it.

maybe this is because you already realize that having bitcoin can provide you with lots of benefits and can use bitcoin for any payment method. total supply of bitcoin and very high demand can also be the reason why you buy bitcoin.

Many of us have a very clear vision of why we are buying bitcoin and keeping it, what sometimes surprises me is why most people do not see this? I always hear people complaining about the economy, so they have an idea of what it is happening, and yet I never seen them taking action about it, they never try to do something different, they keep complaining and they will complain until the economy sinks while we will survive that event thanks to bitcoin.

I am buying bitcoin because I see my chance to have a new investment in cryptocurrency and I see that bitcoin has a great chance to increase higher although I don't know how higher bitcoin can increase. I am keeping bitcoin is because I want to sell the bitcoin at the highest price, maybe more than $20k like the last year but I am sure that bitcoin price will be more than $20k-$25k in the future. many people said that bitcoin can reach more than $50k or more and if the price can reach that price, then I will keep my bitcoin and I am fine if I need to wait for a long time.

After a couple of years, bitcoin will cost much more than$ 50,000, we can safely say about a million dollars, as due to the limited amount of demand will be higher. People who crave fast money in this market will only suffer a loss.

There is no business in the world where there is no profit or loss. Almost all businesses have profits such as losses. The online trading of the online world has profits and losses. Those new traders face some loss at the beginning due to inefficiency on the other hand traders who are proficient in knowledge trading professions they gain a lot. We know that before taking any trading we must take a good knowledge of those trading otherwise there is no profit seen in the profits. Without loss of profit you cannot expect anything good in the business. Where there is profit there is harm. When we usually see that the market line is low when traders face losses and when the market line is upwards the traders benefit. So thinking about both profit and loss we have to make trading.

We cannot safely say that bitcoin is going to cost 1 million dollars in a couple of years, the prediction about bitcoin reaching 50k in the other hand seems to be spot on, you need to understand that there is not enough money in the world for bitcoin to be worth 1 million dollars each, that will mean that we are in the middle of a super bubble or that the economy is crashing.

Everyone buying bitcoinand keeping them at hold are believing that the coin will get its net ATH soon.
we just need more merchants to open for BTC payments, one of it is SAMSUNG and we have them in one country.
soon 50K USD will not be impossible and we will reach it.
we just need more movement from the coins and the peoples demand.

I am interested in bitcoin because Exclusivity is only available for 21 million, therefore I believe bitcoin will become a valuable item in the future, I myself still buy bitcoin because bitcoin is for me as a savings. because I think it's more profitable to save bitcoin than to save money in a bank

Bitcoin supply will not stop in the market so dominance and supply will be there all the time in the market mate. Please try to read more information about the other currencies whatever you believe it worth to invest on it now.
When you believe the coins when the marketplace growth is at the good level. You may use those coins to invest and grow more.
Bank may give interest but profit only will on the bitcoin and othe cryptocurrencies investment only.

I have always loved that word 'FREE' when it comes to bitcoin as that makes me to remember what even brought me into this space in the first place which is to be able to get a way to make transactions easily without the bank stress and this is just one freedom that came so easily than I can even imagine.

WU made life for me a living fire considering how hectic and time wasting it can be performing international transactions, but now, things just got better with bitcoin.

All the time investing on bitcoin is the right way to make money. If you really looking to grow with your investment this bitcoin is the most and best coin to make your investment. I wish to choose the top 5 cryptocurrencies all the time and I have those coins with me now.

If you need to learn the advantages of the bitcoin all the cryptocurrencies are really worth to put your funds on this coins.

Just be careful to not advertise too strong that you have bitcoin, when the time comes and the economy crashes people are going to be desperate and they are going to try everything they can to steal that bitcoin from you, they could do it directly or they could do it indirectly with the government passing laws to try to get money out of bitcoin investors.

First you know about the bitcoin. So before use and invest in the bitcoin. You learn it. Bitcoin is future digital currency. So people will be use all country. But bitcoin price is any time to up and down. So check market price then buy and sell the coin. If price will be go down. That time you buy and hold it. Wait for the price increase then sell it..

Knowing when to buy is also a good knowledge needed to at least gain some advantage in the market. So many people often do not get that fact that; you can end up buying the dip and the market can end up going deeper.

It is either you understand that the long term prospect is intact and you buy more of the dips with a lot of patience if you have the chance or you just simply end up making terrible mistake by expecting too much as regards getting rich fast. The idea is to be a part of the future of payment, which I feel everyone should be paying more attention to than just the profit.

Asides profit, the fact that this is even a very good moment to be a part of the future is enough for anyone to take advantage of the moment. The whole profit thing is just an added advantage because as the market keeps getting a lot of real demand based on real life usage, apparently, the value is going to keep growing and those who have been early adopters all along will have something tangible to see as profit at the end but at the same time, it does not mean so much since all they are after is the long term anyway.

Even if they did, that does not mean they would be able to change the hands of time. However, back then, it was easy for anyone to buy what they can afford to lose since it is just new with a lot of development and soft forks just to get a better result and a very little value.

However, the reason why this was in place like that was because a lot of people back then believed in its future and not just seeing it as a means to get rich even if that is just one of its side benefits. If those who are getting in now can see the same thing those early adopters saw years ago, they will understand the need to buy the dips and hold.

At the beginning, when bitcoin was just created many of the people involved wanted bitcoin to succeed but they were not interested in making themselves millionaires, they were happy that this new currency existed and that they were able to use it, but that attitude has been lost and now most people want to earn money out of their investment in bitcoin.

Obviously, that is what we all are here doing with the hope and believes that one day; we will get to eat the fruit of our patience. Bitcoin have a huge prospect and for the fact that it is on top of the list on anyone's mind and mouth, which includes any new player coming into the market eventually, it would keep gaining more priority in the long run. With further development on scaling and possibilities of real life usage, then the sky is the starting point for bitcoin.

Buying bitcoin is such a potential investment if you know how to hold it. Holding is such a safe method to gain benefits, and of course it’s not a great idea if you keep holding all time, but with hodling you perhaps feel comfortable. Indeed, you need to be more flexible while planing any strategy. I can say for sure that most of people  know that buying with low price can bring them a large fruits, it shows their smart because they understand how to take advantages in the market.

You are not alone op because most of us ( including me ) are also buying a bitcoin and at the same time we are also keeping them .

 i keep my bitcoin inside my bitcoin wallet ( which is blockchain ) and i dont use it not even for paying or trading because my goal is to see if bitcoin can really reach its full potential .

not the same as last year's ath but i need to see more of it .

im not really itchy about profits , so i guess holding is really my pasion .

Just a friendly advise.Im not really against into web wallets but it would be more secured if you do stored up your bitcoin either on electrum or hardware walllets since you are still planning to hold it for long term.
Im not really having much trust into those kind of wallets that youve been used but somehow this would be good for micro transactions but storing for long term and having big amounts would be an another story.

I would not say many because from just this forum alone, the clear goal and definition some newbie investors have is to quickly get rich and have no other single or technical idea why they are investing in the first place.
This is the main reason why focusing on the future is definitely going to be hard for some as long as they keep having that get rich quick mindset when it comes to bitcoin and this market as a whole and one reason why they will  never stop whining and complaining.

It is clear the newbies have the mindset of getting rich quickly with bitcoin because the ads that I see related to bitcoin seem to encourage that vision, but if they stay here for long enough and they actually read the forum they will understand that is not the case, but they will also understand that bitcoin offers even better opportunities, like the opportunity to protect yourself from inflation.

Bitcoin can't really be frozen like your your funds in the Banks and most especially in Paypal. I'm now getting used to transact online and I always use Paypal for that but I'm always worried that they'll also ban me from using my account in Paypal just like what they did on the people that I know.

we are buying bitcoin because we think that we can make big money from bitcoin and this is why that we still keeping bitcoin for a long time. but some of us still trying to buy and sell bitcoin because they want to increase the bitcoin amount and I admitted that by buy and sell bitcoin, we have an opportunity to have much bitcoin. I think we need to purchase bitcoin more and more because bitcoin has a good chance to increase higher in the future although we don't know when it will grow.

There's something wrong if paypal banned you from doing that, maybe you don't comply with their requirements or better not to transact huge amount from that. I'm buying more bitcoin because I know in the future the value of this coin will be big, and holding on with this technology which can give me higher return on my investment.

Dream very liked your comparison and your history. I, too, have long understood that bitcoin is very difficult to call a currency, it is more like a digital asset that can be compared in gold or silver. Of course it's rude, but I'm trying to explain that bitcoin is a new asset that is valuable in its own way. At the moment there are 15 million bitcoins of which 2 million lost a total of 21 million So it will be a kind of competition and demand will grow in direct proportion to the price of bitcoin. So I keep bitcoins too. Not so long ago, but the important thing is to start.

Because we all know bitcoin will be the future of money, so we can buy bitcoin now and hold them for future. Now the price is low so this is the good time to buy more bitcoins and hold it for future. We can expect the tremendous growth by the end of this year or by next year. So hold the bitcoin with patience once the price will touch the moon at that time time you can sell and earn more profit. Check the coinmarketcap for market moves according to that you have to decide whether you want to hold or sell.

Unfortunately among my circle of friends that I consider to be smart people no one has invested a single dollar in bitcoin, they all think that it is just an elaborated form of scam, and that is why they are not investing in it, and I also got tired of trying to convince them, so I just told to them that we will see who was right in 10 years and I'm sure that I'm going to be the one that is proven right.

If you get a single dollar also invested on the bitcoin that is really superb idea if you are looking to buy the bitcoin for your future holdings.
You may make some decent profits with the funds you own.
I really needs to go with the best options where we will be find the profit this is the solution that is bitcoin.

Isn’t that one of the issues that bitcoin is solving presently? We have had problem transacting over the years, so many people find it hard to make transactions across borders due to restrictions and limitations on the likes of PayPal or western union as well as bank policies within the country and the freedom was never there until the invention of bitcoin and things changed a whole lot when it comes to easy transaction from anywhere you are in the world.

Knowing how to hold bitcoin should not even be the case for anyone but knowing the reason for holding is actually the main point any investor should be trying to take note of. You will buy into a market if you believe in the long term and future of the market and that would make it an easy hold for you and believing in the long term totally depends on how you are able to identify what makes the project come with a lot of prospect in the first place and how demand for it is going to keep increasing in the long run.

When the time comes and the economy crashes people are going to be desperate and they are going to try everything they can to steal that bitcoin from you, they could do it directly or they could do it indirectly with the government passing laws to try to get money out of bitcoin investors.

True, while bitcoin is one of the best investments that you can make today I am not here only for the money, I am also here because I believe in what bitcoin represents, there are many other good investments out there as well and yet I decided to put my money in bitcoin because it gives us freedom and the chance to actually own our money something that we cannot do with fiat.

It's the same about love, hobbies or anything. Our passion for bitcoin has made us believe in the future of bitcoin for the better, therefore we still buy and hold it for trading and investment even though the market continues to fluctuate, if we have confidence, then I feel no longer affected by negative issues about bitcoin.

Correct, it is very interesting that passion is precisely what allows us to hold our coins despite the bad market conditions and that make us even more money, I'm sure that all of those that have sold their coins were here only for the money and they did not care at all about bitcoin and its development and since they do not have that kind of confidence they sold their bitcoin thinking the market was never going to recover.

That is actually an issue most people are not really ready to see but all they can think about in their head is how they want to make all the money overnight than they can imagine which is where the greediness comes in for most investors and they really do not deem it fit to look for knowledge to help inform their decisions. Bitcoin is setting down to a very good demand zone and that is how people should always see it.

Nevertheless, what some people are buying is usually the supply zone which makes them prefer to join FOMO.

thats right . you should only buy small amounts and save them until you reach 1 whole btc .

 nowadays it is not really impossible to reach that said amount thinking that bitcoin's value is still cheap . in my case , i am not ocassionally buying bitcoin but i love to keep them whenever i got some from the campaigns that ive joined .  i guess i will only sell if bitcoin can reach again its new ath this year , if not then im still willing to wait for a couple of years or even decades just to earn a good  amounts of cash .

It has a lot of benefits and it will make your future bright so never think before you invest. If you have small amount of money you should invest small but if you have more so invest more as it will help you get better future, in this modern age all of us should have bitcoin as holding bitcoin is somehow a surety of bright future according to me.

I don't think that people would pitch into such marvelous platform for none other than profits. Everyone has his or her own set of goals when trading. At last the wallets has to be filled out.  Lot more can be shared but the main outcome is the turn over or profits. Its all about a business. Everyone is here doing his business longing for profits. That's what the goal of trading.

If I am going to remember way back 2014 Bitcoin by that time was below 1000$, in fact, it was declined by that period of time were Bitcoin fell down into below 200$ then it was a pity for me why I shouldn't buy it, then after a couple of months it was arise up to more than 1k$ almost then until 2017 bitcoin came up to the point that it reached more than 19k$ almost each bitcoin, so now I keep buying bitcoin for believing that someday it will go back again to that amount of value or more, we don't know what would possibly happens in the future.

People saying that they are buying and saving Bitcoin just because it has 21 million limit sounds funny to me. Like seriously, what made you believe that Bitcoin is going to finish and that there won’t be any left for you to buy? This is really funny. Even if all 21 million Bitcoins are mind up, there will still be enough for you to buy.

There are selling and buying of Bitcoin everyday and as lots of people continue to buy and sell, the price will also continue to increase. A time will come and what majority of the people will be talking about is buying in Satoshis and not even one Bitcoin.

We buy bitcoin now because today, bitcoin is the best investment that we can use and bitcoin can give a big profit in the long-term. And this is why that many of us still keeping bitcoin at the low price like today and they will sell bitcoin when the price can come back to the highest price. It is what I did too, and I don't want to miss something because I know that if I can buy and hold bitcoin, for now, I can make a lot of money too like other people. So, for people who are missing the time to buy bitcoin, maybe this is a good time for you to buy bitcoin before the price increases in the next month so you cannot buy a cheap bitcoin later.

People who invest for the short term perspective buy due to make the best of the short term rise. Those who are long term investors do not worry much about price fall as they will be holding for couple of years and they know that by that time it will give them multiple returns.

Your statement can provide inspiration for many people who have just known bitcoin and are confused about buying bitcoin or not, this bitcoin has a very high risk but you have to realize in the future there will be a lot of technology created and there will be lots of currencies digital and something will certainly be many who develop digital so that it will make digital currencies like bitcoin very useful and useful.

I myself buy bitcoin for a bright future. I think that bitcoin is the only way from which I can make huge profits in less time. no other business in the world can give you such a huge profits in short time. The price these days is not good and that is the reason for my holding and also I want to sell them in the far future when the price is atleast $30000. Till that time I will hold my coins.

It is the need of life. In the future when people will use their bitcoin as their regular currency and you do not have any bitcoin then you will rub your hands with sorrow and will blame yourself why you didn’t buy bitcoin earlier. Bitcoin is the leading cryptocurrency and will take over the market in the future. People will use only bitcoin for their needs and everything.

You have quite a good plan, If you continue this for a long term you will benefit from it in future. This is just like those early investors of Bitcoin, if there is anyone of them that had such plan and held their Bitcoin for a long time, maybe for a decade, I know that they will be happy and thanking their stars that they did. But the question is who is ready to do that? LOL, I can’t even do it, I’m into short-term investments and the longest I can hold a coin is one year.

To be honest, buying Bitcoin is the worst way to get to it. With all available possibilities for earning Bitcoin this is something you should choose.
Still, if you have some extra funds that you don't need and can afford to lose, invest it. But don't do that if you don't have some good strategy, both short term and long term and some back up plan.
And remember that best profit you will make on long term basis.

You are buying bitcoin because it is a profitable investment and you can make handsome money if you hold your coins for some time. Other advantage of buying and holding is that you can use your coins anywhere in the world anytime without exchange. You can transfer your coins to the supplier or company form your blockchain wallet. You will feel ease while using your coins.

I buy Bitcoins but I don’t keep. I had plans to keep them last year when the price was increasing, but when it dropped from $19k to $17k, I had no other option than to sell everything immediately before it gets to my cost price and I begin to lose everything.

This year I bought a few Bitcoin but the way I’m seeing it I might not be holding it for long cause, unless it becomes stable. I heard that the price will even fall more.

I am not buying bitcoin, but because of the bounty rewards which I gained in the bounties, once it has been send into my wallet ERC20 of course  I will trade it in the exchange site platform to sell it then, once its has been done it will automatically convert into my bitcoin balance as my profit. Its up to me if what am I gonna do with it, whether I will save the 25% of my earnings then hold in a long term, just simple as that, isn't right?

Buying bitcoin right now is probably one of the best things that anyone can do, do not listen to the rumor that say that bitcoin can go even lower because most likely that rumor is false, I know that a lot of people are nervous because of what happened with the crash that we saw the beginning of this year, but now it is almost impossible to see a crash like that occurring now that the price is so low.

I don’t buy Bitcoin just because I think it will be anything or maybe currency of the future just like some people think. I just see Bitcoin as an investment that grows, so I keep on investing in it no matter what. And some of your points/reasons are good but not all of them.

What do you mean by cash (conventional currencies) are being devalued, like how? Every country has their currency and is all not having the same value. That is why some people would usually buy dollars and keep.

This is nice and useful discussion, you are right all about bitcoin, all of us are holding and investing our money to bitcoin with an aim of being rich, actually different people has different purpose, some are investing just to bound their extra money and some are investing to get profit, it will make some people rich, my aim of holding and investing into bitcoin is to have better future life which is possible only because of bitcoin.

I don’t know if this guy is still keeping his Bitcoin till now cause there is a price difference between what he bought then and now. Anyone who bought all this while that price has been down to $6000 is really luck and should keep it. $6000 seems to be the lowest that price will ever be before the next bull run that will take place, although I don’t know when that will happen. December is already approaching and I don’t know if there will be any bull.

This question is very related this months because we are experiencing bearish. Why I am still buying bitcoin even price continues to fall and why I am keeping them? I still buying bitcoin bitcoins because this is really profitable and it will rise again. Keeping bitcoin is a good example of a wise trader. Holding bitcoin is good especially when price is low and you'd invested it before and you don't want to get loss. Continuously buying bitcoin will help you gain bigger benefits.

Okay, everything was good until you mentioned cash. So what exactly do you think is wrong with cash ?
Your point there made no sense  to be sincere. For a currency to lose value is a normal thing, currencies can’t stay stable ,even Bitcoin loses value and is worst than any other in terms of having stability.

Bitcoin is good, but it is not the best overall as you’ seem to crown it the best. And just in case you don’t know, banks can never froze your account for no reason.

Yes most of time my friends also ask me why I am buying when price and market is getting down but still I am buying and holding so isn’t it bad decision, but I never mind and I try to buy bitcoin as I know it has potential to recover and if price is low now today then tomorrow it will be high once again, profit is certain, it gives me future satisfaction, that’s why I buy bitcoin.

Yes, buying bitcoin is not something that can be done carelessly, because buying and holding it requires good trust about the potential of bitcoin itself. If you are not ready for all the bad possibilities that occur, then it's useless to buy bitcoin even though it is the lowest price because the decline can still occur at any time to be even lower. Buy bitcoin and hold it for sure they are aware of the benefits that can be generated from bitcoin, because bitcoin can also be used to transact and even gamble using crypto.

I really don't the information all about, in your title is different from your informtation that you said. But if you holding and buying this two coins which is bitcoin and ethereum because that coins is good the more the coin that you invest the more money is good.
You can buy more bitcoin because that coin will recover again the value and you will make more money of it will grow.

Never hesitate to buy bitcoin under any circumstances and most importantly you buy it when the price is still low, and now in my opinion is the right time to buy it and save it to invest in the long run.
and it is useless if you invest in bitcoin in the short term or in a short time, because the movement of bitcoin and all coins is unstable and still in a low price condition and investing in the long term is the most effective choice for now and now, because I believe in the future of bitcoin will rise and all coins will rise also because other coins will depend on the movement of bitcoin, but bitcoin is still the most expensive price among other coins and that is the reason you have to buy bitcoin then hold it to invest
long term and wait for a high price then you sell it.

The OP highlighted how hard it was years back to buy bitcoin due to banking huddles he has to cross and I concur with his idea of buying and hodling bitcoin now which is now possible with ease.
I agreed that bitcoin cannot be frozen of course It will be in my custody as my digital assets while having opportunity to transact them easily without any permission, I belief in the later years ahead bitcoin will become scarce having many hodlers who will prefers hodl to it as assets thus becoming a precious asset.

With a limited number which is only 21 million bitcoins, this's the main reason which makes the value of bitcoin never be zero, if it's more expensive maybe yes. So, saving it's not a wrong strategy, and as time goes by there may be many changes that will occur in the role of bitcoin.


You're right, man. Because the nature of bitcoin is more independent (decentralized) meaning that anyone and at any time or owners can spend their funds in the form of bitcoin at any time, without anyone banning and regulating it like conventional currencies created by banks.


That's the enormity of bitcoin because he's the only currency that's able to put its users at the main point, especially in controlling their own money. I think the concept of bitcoin's more than enough when compared to fiat currencies.

 Bitcoin is much better than any other coin, holding bitcoin is really good as it has low price now a day so we can buy and store it for long term, buying Ethereum Is also not bad but if price is affordable then we can buy it, at first priority I try to buy bitcoin only as it gives me lots of profit and money making advantages, so I am buying and keeping bitcoin for my family secured future.

I am not sure if I understood your reply well but you have to consider several factors on why purchasing bitcoins can be a smart investment move. First, bitcoins are a good store-of-value since its price can be converted to large amounts of cash. Second, its volatility makes it an unique type of investment, which focuses more on short-term than long-term investment. Third, its scarce supply can possibly be an advantage for long-term investment as well.

The price may be very unstable and we are currently on a bearish slump but take this as an advantage for acquiring bitcoins since lots of large investment companies are starting to accept bitcoin as an alternative to their products/services.

Lolzzz that's quite funny how you said that Bitcoin is a good store of value. Well it can be, and that is if you're lucky and able to pull off some smart investment move by investing at the right time. It doesn't really work for everyone, cause there are people that invest their money but ends up losing everything. So, anyone who decides to use Bitcoin to store their value should be very careful about it cause it might not work out the way they expect it.

I'm a bit confused with what you have said here about fiat and gold. How do you see that they are losing value and dropping to zero? Lol, cryptocurrency is the only thing that loses value every time and it does that more than every other asset or currency. Bitcoin and every other cryptocurrency you will see in the market are just highly volatile and if you keep money in them you should also be ready to take the risk that follows ,cause you're either going to lose that money or maybe gain it if you're lucky

This only shows that Bitcoin is the wisest way to store assets. You have all the control over funds, this is why there is no reason not to buy and hold it. I personally buy and hold because of the same reason you've stated above, it's gives us the freedom from any third trusted party and intervention of anyone even the closest one. Just make sure that when holding, coins are stored in place where you have the full control over private key like Hodler wallet and not wallet exchanges for better safety.

Those who have buy and chosen to save it are those who realize the potential of bitcoin itself who is able to increase high in the future by being patient to make a profit from the buy. In contrast to those who do day trading who are looking for a quick profit that is indeed a daily trade is also very profitable if you have skill in doing so, because not everyone has these skills and they will tend to choose to keep it for the long term.

Me too, I am holding and I am buying bitcoin because till now in market of crypto currency I have never seen any other coin worthy and profitable more than bitcoin, ETh is also good but it is always my second option so bitcoin for me is more worthy and more profitable than ETH, for me bitcoin has good potential to surpass any other investment.

You are doing really well, it is good to hold and to use bitcoin is good for us to make money and to secure yourself regarding future, bitcoin is best coin to hold as long as we want, being a bitcoin user I never change my thoughts, I would suggest you not to divide your money, just buy some bitcoin and hold with patience for long time, it’s really good investment.

It is the thing what our history says long ago bitcoin was found at very low price and now it is very high in price so it is all about the price which rises and gives the user better result, I have so many friends who invested their money in bitcoin and they are now very rich because of it, so that’s why I am investing it is low in price and holding because I am sure it will rise in price very soon.

Holding bitcoin for the future of the family is really a good thing. Same as that one more thing that needs to be considered is the risk associated with bitcoin as well other cryptocurrencies. We should have certain amount of fund for our living, and the rest can be used to buy bitcoin and keep hold of it. Because there people who lost everything just on investing on bitcoin as well people who have got turned millionaires investing on bitcoin.

This has been a normal argument because bitcoin is treated as asset now and not a currency,i must admit hat i ak one-of those and lucky because just right today i have gain 16% from my holdings and waiting to buyback again later as bitcoin is dropping now.hopefully before the day ends there will be a dump again

if you buy bitcoin and save it well, you will get a pretty satisfactory result in your life, maybe now in the world of bitcoin or crypto currency there are still many who don't know how to store these bitcoins correctly due to a lot of burglary bitcoin storage, so we must recognize the tricks used by the burglars, so if you buy bitcoin and store it well it will change your life in the future.

- The story here is not just buying and holding, bitcoin will change our lives, agree that this can sometimes happen but that is the story in the past, for the present time, we will need strategies and plans, buy the right time and hold in the necessary stages, it will be profitable and make our lives better. The best evidence and results are the present time, when the price of Bitcoin suddenly skyrocketed, if we bought and accumulated bitcoin from previous periods, profit is a huge number, this tool only works well when we know how to manage it

Good for you to be able to keep up that bitcoins. I guess you need to keep it then for the market has been slowly recovering. The bitcoin market pricr has made a huge increase and now it will going to have a possible another increase in the crypto market.

Good luck on your holdings may you get huge profit on it.

It is beneficial to have bitcoin in any way to want it and then keep for getting profit from it. No matter how much it risks to keep in online wallet but if this digital currency become acceptable every where, many going to attract with it again. Like gold, bitcoin is good to reserve for the future gain.

I hope the rise is not another trap, I would love to see Bitcoin rallies again, breaking it ATH.

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I agree with the sentiment of majority of the reply.  There is a good reason to keep buying and holding Bitcoin for a long run.  We all know it is only 21 million and many were lost due to lost keys, corrupted drives where Bitcoin is installed, etc.  The idea of finite supply with unlimited adoption simply shows that Bitcoin has no other way but to go up.  So buying and keeping them for future profit is a no brainer.

Holding is the only way to make money when the market is at bearish we will have to buy more but selling is not good as you have told before, as you are determined I am sure you will not lose your confidence. Right now we are at good space where price is not high we can buy at low price but price is surely gonna high very soon, so better keep holding.

Buying Bitcoin is now one of the lucrative investment aside the other benefits it gives to its users. Just a few days i advised a friend to buy some Bitcoin because the price $3.9K. It's not up to a week yet the price of Bitcoin is now $4.9K which is more than $1k profit for him. Aside this, users get the opportunity to buy goods and services at low transaction cost, high transaction speed, user control of transactions etc.

Buying bitcoin is an investment with the aim of making as much profit as possible. All bitcoin owners will think the same way, the difference is that there are bitcoin owners who trade on the bitcoin market for daily or HODL for the long term. All of that is a choice.
Because the bitcoin trade is very dynamic, not everyone has a strong and easily emotional mentality, eventually losing. But there are also those who are very smart so they get a lot of profits. For those who want passive income, of course save it until the price rises as desired.

more precisely its not reign the economy but facilitating transactions for economic purposes, be careful that bitcoin is not designed to reign but to help all people who have difficulty putting money because taxation and shipping are subject to high taxes on people. the future of bitcoin is more reliable than any investment

Thats a fact  .  what op have said will not always be applicable to anyone because not all have the same goals    . some are buying bitcoin because they will be using it for paying or buying . some buy and holds bitcoin as an investment tool and they will insist to hodl for a long time while some only hodling for a shorter time  ( e.g doing trades    )  

I am not buying bitcoins but im only working to earn bitcoins and i dont hodl them . i prefer to sell them so that i can secure their value and then i will save the cash for future use .

well, when it comes to some extraordinary exchanges and your trading with them it could be quite inconvenient.
especially when it comes to withdrawal - if exchange doesn't like your trading - then they can put some limits for your withdrawal, put restrictions.
I faced such situations several times and it really makes a mess.

Every crypto trader has desire to buy and hold bitcoin. Bitcoin can't give us profit if we not hold it, Without holding bitcoin is just a coin, Bitcoin is unique because of its high value, and that's why every internet trader who trading with crypto currency definitely he has bitcoin.
And about myself, i also have bitcoins because i think bitcoin will be gone in highest price and that's why i hold it for my bright future.

Please keep in mind that any investment is risk.
You can't predict what may happen with bitcoin in the future.
It can be good investment but also it can be bad investment.
In my opinion, it's better to earn bitcoin in a free way or for paid work, like programing, translation etc.
In such way, you can keep bitcoin without risk to loose your own money.

There are no rules that require bitcoin to be on HODL, because the purpose of buying bitcoin is different, some people buy it for trade, investment or payment transactions. So, everything is the willingness of the bitcoin owner.
Indeed, bitcoin on HODL and waiting for prices to rise is one good investment technique, but it's less challenging than the traded bitcoin. Because bitcoin trading is one of the circuits of money that happens 24 hours without stopping, so there is no limit when to start or when it will end.

This is what I call financial freedom. Bitcoin provides financial freedom to anyone no matter where you find yourself in this world. If people really understand this financial freedom, they will not hesitate to join the bitcoin ecosystem and quickly adopt this system in their financial businesses and transactions. There are no limitation  in the bitcoin space, you decide the amount of funds you want to send at any point in time.

Good thought there.

Sincerely, for me, it is the opportunity to be part of this revolution.
Not everyone will get to own it. Though what i have now is small. I'm more into other blockchains but i have decided not to go lower in my BTC holdings.
I can only hold more.

Surely, it'd yield more value but i would have money from other sources. it is not my retirement plan.

The only thing in here is the reality that most of the people pre-judge a technology without knowing it, even in my country Bitcoin isn't illegal to use and the central bank approves the use of this technology but most of the people in here believe that Bitcoin is a form of pyramiding scam or networking scam which is a total nonsense and I don't know where the heck the got those kinds of ideas about Bitcoin without knowing the technology and its use and benefits. Financial freedom is definitely a privilege at this moment of time and we are lucky enough to be the ones that are enjoying it. 8)

Yeah it's a matter of personal preference and there's a lot of possibilities. I'm personally earning and holding some while spending when i really have to, otherwise i don't.

In the future i do want to invest exclusively in it and if i can earn it or earn good money and buy it it's the same for me. But if the choice comes earning it would probably support it since more people on the company/organization would see someone who is getting their payment using it and that would make them think, even a bit.

I don't think that i will ever do trades. I don't like them. I'm here because i believe in the possibilities of the technology for the future and all the useful things that can be done/implemented from it.

It is good to be ready for the future but beating gold when it comes to global investment platform is a dream as gold is being used for thousands of years, considering the price of bitcoin, it is low at the moment and the possibility is really high to earn good profit, having said that the restrictions are there when it comes to merchant adoption and in the future we will be able to pay using bitcoin for our daily needs.
long term investors will earn more than short term investors and if all the prediction are true the price of bitcoin could cross $ 100000 USD in the near future. ;)

what happen if i want to buy a house, a car or any high value assets and buyer doesn't accept BTC? what good is BTC? and futhermore it is not even private. When you sign your name on any agreement that would link your BTC address to whatever stuff you spend or receive in the past (as in traceable). IMHO cash is even more private than BTC it can't be traced that is the reason why drug trade uses cash most of the time. Any one can answer this?  ;)

don't get me wrong i like how BTC works borderless and without permission from any gov or banks

It is obvious that if at any moment you decide to link your identity to a bitcoin address you're going to reveal the full history of transactions of that address and what you have done with your money, however even if bitcoin is not as anonymous as cash it is still way better than any bank account so to me it is an improvement over the current system, now if you care so much about your privacy then you need to use coins which have as its greatest characteristic the anonymity that they provide.

I love bitcoin as well but there is nothing wrong with pointing out the weaknesses that it has since the only way to improve bitcoin over the long term is to address those shortcomings.