Bitcoin Forum

Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets  although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes

Separate your funds into two wallets.

Cold storage for holding BTC's that you don't want to spend anytime soon, this wallet should either be a hardware wallet or an Electrum wallet on an air-gapped device.

Hot wallet for holding BTC's for spending, funds in this wallet should be at least < or = $100, funds in this wallet would be for spending or for daily expenses. Dca is a great way to accumulate BTC's in your cold storage and whenever funds in your hot wallet goes down, you can 'refill' it for spending. This will help you to get the optimal balance between spending and holding.

How did you manage to do this type of research, going by the number of members on the forum it would be extremely hard for you to carry out this research and then give your statistics on it, regardless your can never have an accurate results because an individual can have as many Bitcoin wallet as possible and then might only leave the address to one here and never make a transaction from that wallet to the rest of their wallet.

It's a fruitless research and one I think should not even be your business in the first place. People can hold Bitcoin and use it anytime the have a need to it's about the individuals choice. I am a holder doesn't mean if I am in difficult time or want something I can't make use of my Bitcoin.

In my personal opinion, this is the best advice that OP can implement. Create two distinct wallets with different purposes. One wallet is for daily expenses, while the other is solely for savings and should not be touched except in emergencies.

Additionally, it's beneficial to maintain control over your spending by meticulously recording all financial transactions. By eliminating unnecessary expenses, you can increase the amount of money stored in your cold storage, which means OP will be able to save or hodl more Bitcoin.

By applying these strategies, OP can effectively manage their finances and make informed decisions about their spending habits.

It's actually not that possible for one to determine which wallet belongs to which member here on this forum because a lot of us have different wallets. Let me take myself for instance. I have only one wallet that I have used on this forum, but that does not mean that's my only Bitcoin wallet. Here in this forum, we all value our privacy and security, and as such, we won't want to link our outside holdings to the wallet that we are known for here on the forum. Most people make use of Bitcoin mixers to stay anonymous, and others have other means of protecting themselves from a wallet being attached to their name. So like BIT-BENDER has said, the possibility of your statistics being correct is just about 1%, if it's even up to that, as you have used the wrong method of data collection and analysis.
 
Personally, I hold what I want to hold and send what I want to spend. In an instance, almost all of my signature earnings from here on the forum are being spent immediately after they are paid. This is because I have mapped out my budgets to suit whatever I earn and even less, and most times when I don't even have much to use the fund for, I still have to send them out of the wallet, which is public, maybe to an exchange account, then withdraw through USDT what I could possibly spend, and then the others to a wallet where I don't want to spend immediately.

Lot of us here have what we call spending wallet and the other holding wallet which could be hardware and cold wallet or which ever one chooses, for me my spending wallet I uses that of cold storage and its easier for me. 
 

How did you go about this research, looking at the number of active profiles on bpip.org, it’s impossible for one person to carry out such a study. It would be more believable if you had focused on a local board with less than a hundred active profiles. Even at that, how many people here have their bitcoin address public?? Not many. Which leads me to believe you sampled bitcoin addresses used for signature campaigns. If that’s the case, then your whole hypothesis is incorrect because it’s possible they simply move the bitcoins to another wallet they own.

As you said, hodling bitcoin is a personal decision and not compulsory. So when someone decides to store bitcoin for a long period of time, he can do it but he should use money that is not meant for instant use. Not everyone in the forum is hodling bitcoin in their wallets some of them are spending every week so there is no bitcoin in their wallets to hodle.

While many of them have hodle a good number of bitcoin in their wallets for the time they have spent in forum. And as for me, I am good in hodling bitcoin though I buy bitcoin, and also sell bitcoin once a while and not every time.

I'm not asking how you made research about how many forum members transact Bitcoin and hold until you come to a conclusion.

It's simple that not all members store Bitcoin in one wallet. This is more of a personal choice because matters relating to transactions are also not all carried out using Bitcoin as a means of payment.
An overview of minimizing transactions and hodling can be done as stated by Z-tight if you live in a country that does not prohibit Bitcoin being used as a means of payment such as El Salvador.

Maybe you're seeing their other wallet address doing transactions and that's also a common thing for everyone to do. We do transactions as that's really what bitcoin is made for.

It is for everyone to do transactions.

If you're in need and you've got no choice but to transact or sell, you have to do it.

Those who hold on for longer in their wallet I think are the ones that don't gamble the most. Those who do gamble often just send their coins to the casino they like and just like that either lose them or won more. Seem logical to gamble since you can see all the adverts here are casinos. Or they could have sent those BTC in the exchange who knows what they'd do to their coins. Those who hold on to their coins really are determined to make a good profit in the bull run.

The majority I think have a separate wallet though. Even if you check the wallets of every user, you can't possibly find which wallet they hid.

The people on the forum are actually a small percentage of those who have bitcoin so the research you do for the people on the forum will not answer anything I think because the fact is that there are still many people out there who have bitcoin even much bigger than we think.
And even if there is a wallet used on the forum it is only one of the ones owned so we also won't know how many wallets everyone has because again, this is confidential and everyone will certainly not reveal their secrets.

Everyone has their own plans and certainly wouldn't say we're hoarders with the amount of bitcoin included which there are definitely a lot of hodlers that are here and that you wouldn't be able to research and which wallets are being used.

I have a stable source of income and other investments that give me cash flow so I don’t feel the need to worry about bitcoin crashing or selling my bitcoins to sort a need. However bitcoin is meant to be spent and used as money. How will we achieve bitcoin dominance over fiat if we all hodl and never use bitcoins to pay for goods and services. I think spending one’s bitcoins is not a bad thing, rather the culture of hodl has become so religious that spending one’s bitcoin stash is now looked at as an abominable act or something done out of duress.

It’s interesting that we congratulate ourselves when we introduce bitcoin payments to our businesses, we expect customers ( bitcoin holders) to patronize us but we do not want to use our own bitcoins to pay for stuff.

By transactions you mean converting your Bitcoin into fiat currency and if that be the case, it means another fundamental feature of bitcoin that is being used for daily transactions because at that point the user must first own the Bitcoin before being able to spend it.
So both the holder and those who spend Bitcoin daily are all the same and for that there all make a significant impact on the general market, but it is best to hold Bitcoin than exchange it frequently.

Making transaction or seeing on whats the community been doing in regarding transfers then you cant really be able to pertain that they've been spending their Bitcoins on something like purchasing or buying because making up transfers doesnt mean spending. What if they do just really simply trying out to transfer into other new wallet or simply trading?  This is why we cant really be able to generalize such situation because this isnt how things
do works just because we are seeing transactions doesnt mean its spending. Also, each person does have their own decisions on whatever things they would really be doing on their coins and its none of our business
whether they would really be actively be converting it to fiat or not or simply making out those trading which there's no way that we could really be able to tell on whats happening behind.
So better stop on making yourself get stressed on what they do into their coins because we do have different takings on our investment.

Engaging in Bitcoin transactions among forum users is a common practice. Such transactions do not necessarily imply that these users are not holding Bitcoin. They could be selling or transferring their holdings to other wallets. The exact nature of their actions remains unknown. Furthermore, it is important to note that only a limited number of wallets can be monitored. This is because the wallet addresses of forum users who haven't shared their information here are unknown. Nevertheless, individuals have the right to manage their Bitcoin in their preferred manner. Consequently, everyone will make decisions that align with their specific circumstances.

We all have freedom of choice, if you decide to hold or sell Bitcoin it's up to you but you have to be responsible and don't blame others for what the result. We all know that holding is better than selling, there's just an unexpected things to happen in our lives that we have no choice but to sell our Bitcoins. But if you have an alternative way to cover up the needs or emergencies, you have to do just to make sure you didn't use your Bitcoin holdings. Because that is the most reason of people that sold their Bitcoins.

     If I had a lot of money I wouldn't just buy Bitcoin to hold for a long time actually, because right now I see a lot of cryptocurrencies that have a real possibility to give us a good profit in the future. So the winner here is the one who has extra capital that they can bring to invest here.

That's why I'm working hard to somehow accumulate at least some cryptocurrencies for the future.

Even if your research was thorough, I doubt you were able to discern its true impact. As some users have noted, many of us engaging in signature campaigns may not have a single wallet, may have as many as possible for different purposes,so i think that is the case, I don't think you know whether we are spending our bitcoin or keeping it in another wallet because I believe your research did not go further deeply to see where our transactions end. I'm not sure why you chose to even conduct this research because, as you stated, owning Bitcoin is a personal decision.

Almost everyone in signature campaigns, if I may say, is aware of the value of holding Bitcoin for long periods of time, so if they decided to spend their bitcoin, I feel they have reasons of doing so.infact Bitcoin was created as an alternative to traditional money, so bitcoin was actually designed to be used for transactions rather than just storage.

Well, you can't really just say that they do a lot of transactions and just because it's public you can say that they are not holding.

They can used bitcoin mixer to hide their transactions from you. Maybe they have a different set of wallets not exposed in this community, hence it's very private and that's the wallet they put their bitcoin holdings.

Remember that it is just an address, there's no name attached to it so you really don't have any idea who that person it in terms of partaking here, for example bitcoin paying campaign. They might be withdrawing their bitcoin and put it on another address and that breaks the connection itself.

Not everyone has a stable income to hold bitcoin for a long time, so holding bitcoin depends on each person's economy. Whether holding or trading your bitcoins, it's all about adding value and serving life, so there's nothing wrong with that.

If you really hold bitcoin and don't want to spend it, plan clearly and stick to it, you don't need to use 2 wallets like others suggest. Because if you are not consistent and don't take a stance in your plan, you will never hold bitcoin for long no matter where you keep it, you will still use it if you don't stick to your plan.

Well, you have a point, but you can't do about it, it's their bitcoin after all. They have their own reasons to use bitcoin anything they want. Also, the same things in holding. But most people here actually use bitcoin to buy things because what could be the other reasons of having bitcoin other than holding, of course to buy things you wants.
Those who have small/huge bitcoin holding are the ones with good and enough reserve money for them, while the others are maybe enough for them to convert it on fiat or just really want to buy for their selves.

For me, setting goals will help you how to increase your holdings. So, let's say if you intend to hold some Bitcoins for the long term, what you can do is motivate your self. Set some price level where you will buy Bitcoin and to avoid using your Bitcoin, store your Bitcoin somewhere where you can't easily use it, for example, hardware wallet.

AVOID it to store on exchanges because for sure, it's tempting to use especially when you are trading.

No holding no success. If you do long term holding then you will surely achieve big success. If you start long-term holding in Bitcoin right now, you will be able to achieve the biggest success of your life. Because long term holding gives us a lot of profit potential. If you start holding Bitcoin now, you will get 3× times more returns in 2025. Because in 2025 the value of Bitcoin will exceed 100k. So you continue holding long term in Bitcoin.

There ain't a problem if people are using their bitcoins for transfers or trades because it supposed to be traded and used in every way that it can be. It adds value to its own economy and that's why there's nothing wrong if someone uses it for their own needs and purposes and for those that have been holding it that includes me, we also want to keep it as an investment because we're seeing the future of it. As a volatile asset, you are free to choose to keep your bitcoin or use a bit of it on any transactions that you want to do. The experienced holders will hold it no matter what trouble comes to the market because we've been used to it but that doesn't mean we won't use it with its main purpose. At last, we're the ones to decide whether to hold or sell it.

I would like to say that It is clearly impossible for you to go through all the individual addresses of forum members, you probably went through a handful of members address and jumped into conclusion. If during your findings, you discovered massive in and out Bitcoin transactions amongst members address is still not enough reason to conclude that forum members are not long term hodlers. You failed to have it at the back of your mind that some persons might have more than one Bitcoin address, one for signature campaign on bitcointalk and the other for long term hodl.

Show me the proof if most of users in this forum are often to spend their Bitcoin than holding, if you can't and just cherry pick few of the example, it's just your assumption.

If people can join in this forum, regardless of the purpose, they want to make money through signature campaign, bounty or service, they must be interested in Bitcoin and hold Bitcoin even though it's just some % of their total wealth.

Many members of this forum trade a lot of bitcoins for their needs but outside of their trading they keep a lot of bitcoins on hold just to wait for something good in the future. No member would normally want to sell their BTC at the moment unless necessary because BTC is likely to be worth a hundred thousand dollars in the future. Everyone wants to hold some amount of btc from their positions for a long time as there are good prospects in the future. I myself am trying to hold bitcoin long term. As I don't have much financial pressure at the moment, I hope to be able to easily hold my investments for a long time.

How are you so sure about that, do not give yourself and others investment advice about BTC in this way, this is only your prediction or speculation, but you sound like you are so sure of it happening. The halving will happen before 2025 and BTC supply will be reduced, and from the previous cycles the price of BTC should go up, but nobody can say they are sure of what is going to happen, that's why you should use dca to buy and don't buy more than what you can afford to lose.

This is not just his own prediction and speculation but that of most of bitcoin investors. It is true that there is no guarantee that it will happen since it is the future, but there is nothing wrong with making such predictions. Because based on the past, we have every right to hope for that, and as bitcoin investors, we have every right to be optimistic about the future of bitcoin. Don't believe in the future of bitcoin? Aren't you optimistic that the upcoming halving won't boost the bitcoin price and create new ATHs?

I am so much confused with your explanation but all I can say is you don't have to buy Bitcoin if the amount of money you want to use it very small, first of all you are to gather enough money so that you will spend very less on transaction fee.

for an example, some newbies will read about people telling them to accumulate bitcoin little by little but by the time they started buying bitcoin with just $20 and they use like $4 par transaction they will end up spending a lot of money for transaction fee alone

But if they can keep the $20 up to like $150 or $200 then they will be able to save enough for transaction fee because if you go to any exchange and trying to buy bitcoin worth of $150 to $200 you are only going to spend a one time fee for the transaction when you try to withdraw from the exchange and that is it, until you're ready to buy bitcoin with another or $150 or $200 again before I can spend on transaction fee again.

For me having two different wallets is important, the wallets I use for holding and transacting are different. I don't want the wallet that I use to hold bitcoins to be known by many people. It's about privacy and security. I think a special wallet that is used to hold bitcoin should use a hardware wallet, such as trezor so that security is guaranteed

So if you look at the wallet addresses of members who took part in the signature campaign, chances are that the wallet was used for transactions, because they certainly don't want the contents of their wallet to be easily seen by other people. Especially if you use an electrum wallet, there are many addresses available in the wallet so you can change addresses when registering a signature campaign. But I'm sure what they do is for security and privacy. And I think something like that needs to be done because a lot of people can see it

Not everyone saves bitcoins in one wallet and vice versa with you, I also don't know how you open research on forums about transactions. If your country has not yet fully accepted bitcoin then the function of bitcoin is only for investment and may also apply to online purchases that accept payments using bitcoin. So to maximize this, you can share several wallets for bitcoin storage and one for transactions that are needed.

My experience that there is one wallet for long term storage and I usually never use it until my desired price target is reached. We know that bitcoin is far more profitable if the long-term hold concept is applied, therefore choosing a safe wallet is also very important to keep the bitcoins that we have safe.

The future of BTC is not all about the price, though i know that as the network grows the price will also keep on increasing. What i certainly believe is that BTC will always be a decentralized and censorship resistant currency that functions without any central authority being in control. While i am optimistic about the halving and i think we'll see a new ATH months after it, i am not sure of what will happen, so people should buy with dca and not what they can't afford to lose.
Trading fees are fixed on exchanges, but transaction fees are not fixed for on-chain transactions, and if you are the buyer in an on-chain transaction without using an exchange, you do not pay for any transaction fee, it is the seller that pays for transaction fees. So if someone wants to buy smaller amounts of BTC regularly, it would work if they have a seller who wants to sell directly through in person trade, without any exchange at all. But the funds have to at least be bigger than $20, no seller would want to pay tx fees for that small amount, $50 and above is much better.

I couldn't find a thread for beginners, so I'll ask here with your permission. What advice would you give to a beginner who wants to be knowledgeable about cryptocurrencies? Where to start?

He is really expecting that price in 2025; for sure, he will be the one crying if the price doesn't  reach that time. The problem with newbies really is that they expect huge gains. If they learn trading in just one night, they think they can now earn profit from it. With just a single pump in bitcoin, they are now buying it, but it turns out it is in a support zone. Mostly, they don't have a basis for it; they just imagine these things and tell other people they are controlling the price.

Personally, I believe people most of the time, have Bitcoin for holding and also a few stash for transactions. The thing there is that moving Bitcoin round all the time from your holding wallet is really not a wise choice for me, especially when the holding wallet is a cold wallet. Best bet is to hold some in exchanges or dex wallets for day-to-day spending, then long term holds should be kept safe in a cold wallet.

In the end, time will put everything in its place. From a beginner, he turned into an average trader, the market will take some of his previously earned money from him. And only then he will understand that at the beginning of his journey he was just lucky, like in a lottery, to buy the right asset at the right time. Until he himself goes this way, in words no one will prove to him that he was lucky.

Keeping Bitcoin is one of the simplest strategies for arofit for beginners. Probably even the simplest, because every investor and trader starts with this.
But in such a strategy, it is very important to understand at what stage you decide to sell bitcoin. And it is desirable to have stable coins, which you will use to buy bitcoin if its price becomes low and attractive for purchase.

These are the first basics of successful investing. In general, it is important to have a ready-made scenario of your behavior for buying and selling bitcoin.

The topic of holding bitcoin is not always left to fade easily without getting addressed. OP's research should be considered a guess work, he must have read topics like this where people talk about spending their bitcoin before concluding that everyone sell their btc. If he ventured into such a research like he pointed out he would have provided some results. However, hodling is a personal decision and ranges from one's financial capacity outside bitcoin to the kind of product they purchase with their bitcoin. If I have bitcoin and what I want is sold in bitcoin why shouldn't I purchase with the bitcoin in my wallet. What matters everywhere is that we shouldn't spend recklessly or let our wallet run dry.

If you are into holding, then you must hold. Unfortunately, the majority aren't doing base on the plan which is why only a few investors become true holders while the others become panic sellers. I can relate to this situation, yes, I've been in planning to hold long-term but it never happens because I was tempted and worried when I saw price corrections. This means that my emotions are controlling me and acting based on it, not because this is the plan.

OP I think this should be some sorts of observations from you because most of the accounts on this forum are not active including possible deserted accounts you have no idea about. Did you do a survey at the top of this topic or what because from there you can be able to draw up your charts and statistics for members to see before coming to conclusions or better still the right thing could have been that you did this based on article findings atleast this would be okay to go by and not a research because I see no survey you did here in the from of yes or no or tick the appropriate box.

I don't know how you gathered information about forum members don't have any balance in their wallet, did you tried the address which is in their profile or signed in message for authentication in case if they want to recover their account then you are wrong. I don't see any reason for anyone to disclose their primary address even the secondary addresses cause it will deanonymize them and voids the purpose of privacy m

Actually there's nothing wrong with it.

Whether you hold or spending your bitcoin, it's completely fine. There's no reason for someone to limit their Bitcoin's transaction if they really need it, they earned it to spend and hold it whenever they want, or maybe they are just spending some of it but the majority of their bitcoin is in different wallet for safety purposes. There's no point of hodling your Bitcoin if your bills and your daily needs are already waving at you.

There are two types of Bitcoin Holder,
 1. Short-term holders - those who usually sell their coins and empty their wallets.
 2. Long-term holders - those who usually hold for many years and see their wallet address filled with a lot of Bitcoin.

Perhaps, it was their choice and you know what, it was hard to convince a person to hold when in their mind is to sell when the price went high. You can't force someone to hold if it was not in their mind.

You are right, and not everyone here has the same way and use of treating their bitcoins because bitcoins can be used according to their individual needs.
and I'm sure most of them prefer to keep their bitcoins in a wallet they think is safe but that doesn't mean they don't use it because if someone really needs it there's no harm in using it. But that doesn't mean they use everything, maybe it's more appropriate like the saying dig a hole close a hole. They use but still buy it back because they know in the future the price of bitcoin will be much higher and can't miss this.

Ultimately, everyone has their own perspective as to what to do with their Bitcoin. I have found that people who don't have money worries are considered to be holders compared to people whose savings, or better yet,  life savings are in Bitcoin. This category of people would always have to spend their Bitcoin to cover their needs and that's perfectly fine like you already said. There is no one-size-fits-all for this sort of thing.



This forum is a good place to start, it's a knowledge gold mine if you do know where to look. you can the search button to find aged discussions but if you want structured resources, you should check out binance academy. 

People holding Bitcoin will still be holding Bitcoin in separate wallets.
But they also do Bitcoin transactions because they need to use Bitcoin for the things they want, so it's not surprising that some people still transact using Bitcoin while they also hold it.
This may be about how you store your Bitcoin in your main wallet so that you can use other wallets to transact still using Bitcoin.
I'm sure those holding Bitcoin must still hold large amounts of Bitcoin in other wallets.

I think it's just really the safe assumption of OP considering that hodling is like a common way for people to be in the safe side of crypto anyway especially when we're talking about Bitcoin. I did trading back then with Bitcoin and it just didn't work out for me so I resorted to just hodling full-time as I still have that 9-5 that I need to work out and having another crypto tab opened in my second monitor. :D

Pretty much describes me. :D
There are wallets I use for the common transaction stuffs wherein my local merchants allow Bitcoin while there are also wallets that I never ever open ever and it's never connected to internet connection for obvious reasons. Pretty sure it's a common discipline for hodlers out there to have a separate world for their crypto wallets.

intended from the start that the bitcoins we bought were to be held in the long term. with such an initial goal, we must be disciplined to carry out the plan from the start. and to make transactions, I use another wallet with another capital, and with the intention to make transactions, so it must be differentiated and sorted so that the plan is carried out according to the track. it is undeniable that humans are greedy and greedy, so we must have another account to release it, so that there is still an account to hold and not mix it up with trading

I mean personally, I didn't really do a lot of transactions on Bitcoin, it wasn't really that convenient compared to others like fiat or using a card as a payment method, plus it also has a big amount of fees just for a single transaction, maybe it wasn't really a big amount but you could probably make a transaction without fees on some platforms which is great. It was actually easy to HODL your Bitcoin in my opinion, I mean if you planning for the long term you could just buy Bitcoin and forget about it, I mean I was accumulating Bitcoin in the past months and I was really holding onto it really easy, the key is to have liquidated cash on you other than your investments. if you have enough there's no need for you to sell if you need some money, I think most newbies' mistakes here are investing in Bitcoin without having some sort of funds like emergency funds, savings, insurance, etc. which should be the basics before even starting to invest.

It's precise, so it won't bother the long term holder's wallet.

I think it's better with hardware wallets to store bitcoins and it's not as easy to spend even if you can do it, but I've specialized that one wallet for holders.

I use my Electrum wallet as a hot wallet, it's always used as a frequent transaction in any case, including accumulating and sending to the main storage wallet, so if it's combined between a frequent transaction wallet and a storage wallet it's actually not a problem but with two separate wallets it's better for me.

I believe that holding Bitcoin for a long time without using it is simply a choice for some Bitcoiners and it depends on their needs. For example, if you have a job IRL and receive a good payment, you may not need to spend your Bitcoin since you already have money in Fiat. In this case, it might be better to hold onto your Bitcoin and wait for its value to increase, potentially yielding future profits.

On the other hand, people who don't have an IRL job and solely earn Bitcoin may need to spend some of it for their daily needs, such as paying bills or buying food. They may choose to hold onto a portion of their Bitcoin while using the rest to meet their immediate requirements.

The funny thing is that this is a strategy that also works with fiat, many years before I joined this market I was already doing this, one my by bank accounts was designed to be the account in which I accumulated my savings and the other one was the one I used to actually spend money on the things I needed and I wanted, so when I discovered bitcoin for the first time I did the same, which is surprisingly similar to what many holders were already doing so I had no problems adapting to it.

Setting up your own air-gapped wallet is also great, after the mess made by Ledger and Trezor, so many people now consider setting up their own air-gapped wallet with a watch-only wallet as a better choice than hardware wallets. Though hardware wallets will be easier for newbies to use, they may make a mistake if they set up their own air-gapped wallet, or fail to use it in a safe enviroment.
Yes, it is a great way to do things, the funds in the cold storage would only be spent if there is an emergecy and you have no other choice, but if not it remains locked for many years and will only receive funds, but not spend.

Thats means you have really planed your self before you started your bitcoin investment because its always advisable to use funds that you won't probably be bothered much if actually the price begins to go sideways. Holding bitcoin requires determination its just saving money in a bank but the difference with BTC is that you get huge profit if the price goes up and sometimes supposedly big loss thats if you chicken out and eventual sell to have back your money in fiat.

You are correct and we do it unapologetically.

This bold statement is incorrect. How on earth did you arrive at this conclusion. Do you have our keys to know that most of us do a lot of bitcoin transactions? I guess not. This should have come as a question and not a fact statement. I hold bitcoin and I spend bitcoin when I want to. I have a wallet for receiving bitcoin for jobs done and another wallet for holding and DCAing. So I do transactions in bitcoin but not from the Holding wallet.

To make it easier for you to hold, you have to consider Bitcoin as an investment for you and not a currency that you spend everytime. When you see Bitcoin as an investment you'll look for means to get more money to buy Bitcoin to hold. Holding is an investment strategy to helps you to keep your Bitcoin for a very long period of time and this make it easier for you to profits from the future profits that Bitcoin will receive as it keeps getting more famous.

One way I use to minimum touching my Bitcoin holding is to keep it in a wallet that gives me full control of my private key then I delete the wallet from my desktop but keep the private key in a very safe place. What you don't see you can touch to spend, I only just view my profits.

If one is capable of profiting in trading then it would be more advisable to trade than just holding Bitcoin.  Holding is for those who don't want to take risk or not knowledgeable enough to trade in the market and wanted to stay on the safe side.  But if a person is good in trading, then trading Bitcoin for a long time will definitely profitable by multiple times than just holding because the person who knows how to trade can accumulate more Bitcoin with just the initial capital they have.  By taking advantage of the Bitcoin price fluctuation, trader is enable to accumulate more Bitcoin while getting profit from every trades.


Saving part of their Bitcoin income will solve the intention of accumulating Bitcoin and holding it for a long time.

It's all about personal decision my friend, holding bitcoin is very easy, I don't have to separate funds or bitcoin to different wallet to hold my bitcoin if I really want to hold, if I don't have any personal and important need for the money, I hold it, even In one wallet, I leave it there as an investment.

And on the other hand, just incase something important comes that requires I must sell some bitcoin to raise money to sort it out, i myself know what amount of bitcoin I've kept as an investment and whatever expenses I am doing, I make sure i never spend to the extent of entering my investment, lets say for example, my investment 1 bitcoin, and I have 1.5 bitcoin In my wallet, I know what ever transactions I am doing, it must be with that 0.5 bitcoin, the other 1 bitcoin will never be touched for obvious reasons.

The classification just about sums it all up. It is based on individual choice to determine how best and the practice to involve when it comes to hodling BTC for long or short term purposes.

I believe in HODling for long term as I don't really want to be caught between converting BTC to BNB or USDT or any other alt coins inorder to make quick gain.
As I hold fiat to its standard of centralized service, so do I HoDL BTC to its standard of decentralized service till when I feel appropriate to trade my HODLing. I am scared mostly for the SEC issues and the case of seizure of coins on open source wallets and exchanges.
What are some good ways considering current happening that one can HoDL BTC without fear of loss?

I understand, from the profits gained while holding bitcoins, the principal capital will remain the same and others will work to find additional profits by trading on bitcoins. a way that is enviable, because so far I have sometimes felt, even though at the beginning the intention was to hold bitcoin, but when I saw the price I became tempted, so that even if I sold all the assets, and after that the price would increase. in a way you might be able to let go of the ego that is inside, and still hold bitcoin in the principal capital

Right. I think the OP here is not clear that bitcoin holding is not an all-or-nothing issue. Many people hold bitcoin for the long term and make transactions, spend bitcoin in the short term. At the end of the day bitcoin is a currency, or at least it was created as such, and if no one did transactions with it it would not be a currency.

Yeah and there are lot of flaws in his "experiment". He just choose some random account in the forum, maybe in a signature campaign, and the follow the trail. Maybe he see the bitcoin address as 0. But it doesn't mean the the member itself didn't hold or doesn't have bitcoin in other wallet.

Maybe he has a hardware wallet wherein he stores all his long term holdings. And then his account on a campaign that receives the payment after a week. And then transfers it to a safe place.

When your mind is there for the holding, I don't think anything will district you not to hold Bitcoins as long you want to hold it because if you can hold Bitcoin like 5 or 6 years, you will definitely achieve something reasonable from your holding. That is why they always encourage holders not to invest all their money on Bitcoin, in case something urgent happen you can use the remaining money to solve and continue holding  your Bitcoin until the price increase higher to your satisfaction before you can sell to smile. Applying long holding in your bitcoins is favourable, because it will help you to achieve your goal in the future that will make you to prefer long holding than short holding in the community.

I think it would be a better decision to hold Bitcoin for the long term rather than the short term. The price of Bitcoin continues to fluctuate due to which many people who have a good amount of capital are trading in Bitcoin, but people who have less capital or have very small amount of bit coins cannot transact on daily basis or short term. Since Bitcoin is a crypto currency that has a lot of potential that can give us a good profit in the long term. So if one can hold Bitcoin then it will be a good profitable decision for him. Rather, one should keep accumulating as much Bitcoin as possible.

Not tempting but it is moved by itself to make BTC transactions by various factors. I noticed that the main factor that made this happen was the matter of fulfilling the needs for yourself or others. But, if his financial strength is good, I think this is done only to increase the amount of his BTC holdings from the initial amount of just a few then he tries by trading to accumulate to so many. If it arrives at the planned time even though it has not yet entered the bullish season, it will still be sold without having to wait long.

Most of them leaves with nothing? You came to a conclusion based on reading what the forum members said? I can assure you, most of the "forum" members here will make up stories about how much bitcoin they are holding and how they lost it. You shouldn't come to a conclusion based on these imaginary stories. Anyone that is holding bitcoin won't really disclose that or say much they are holding. Use real data. Google it and verify the source and then come to a conclusion.
You invest money that you can afford to lose and that you don't need anytime soon. So if you are doing that, then I see no reason for someone to actually spend their bitcoin.

It's absolutely fine to spend your coins if you are interested in buying stuff with it because that way it will help to spread the adoption at mass level apart from just holding.I know we see it as investment asset but we should not eliminate the base cause of its creation which was to make transaction.You can hold and spend at the same time if you wish to do so.

some people will share their assets for Investment as well as trading. that is why Bitcoin handlers sometimes separate wallets for holding their Bitcoins and wallets for trading transactions. so both activities will still benefit. when investment assets can continue to be added consistently. but we can also develop assets in our trading.

Your mind can be set for holding but things come up that you need the money urgently and have to sell some of your holdings to take care of that problem. You might have planned everything and have spare of emergency funds but still that money mightn't be enough for what you want to solve and then you have to go back to your investment which is in Bitcoin for rescue. If you find yourself in this type of situation, solve your problem first.

You can buy back the Bitcoin that you sold later in the future, Bitcoin can be very high today in price but reduces tomorrow and gives you an opportunity to buy twice as much coins that you had earlier but sold due to having financial problems that needed urgent response.

I don't know if that describes your situation haha.
I do that too because in my opinion, it's the best way to store large amounts of bitcoins and also spend bitcoins on other things.
And I will only open a wallet with bitcoins when the price is too high for me to sell.
So far, it has worked out pretty well for me because keeping bitcoins in two or several separate wallets gives me the opportunity to keep them while waiting for the bull run to come.

Hella true, and yeah you really 100% described how I hold my Bitcoin. It's also hard to keep track or audit your expenses when they're all just in a single wallet. I might even accidentally spend some amounts that were intentionally just used for hodling.

It worked out for me, so surely it will continue to work out for ya, mate.

I think holding Bitcoin is not a bad idea, but this may be possible when you have multiple assets or a large amount of capital. Anyhow, you can easily handle or store your BTC in soft or hard wallets.Many countries give you the opportunity to shop for everything with Bitcoin. It would be a good idea to save your Bitcoin in multiple wallets for your ease of buying or selling or to make your trading in different altcoins. Furthermore, Bitcoin transactions are secure and transparent, making them a popular option for people who value privacy and security. Moreover, Bitcoin provides investors with a unique and profitable investment opportunity.

I hold all of my BTCs in my Ledger Nano S and it's much safe to store there than in centralized exchanges, software wallets, etc.

Last year, I have done DCA with Bitcoin every month straight to my Ledger Nano S wallet when BTC is around $20k to $23k range.

Even if I am in profit right now, I still want to hold them in preparation for the halving.

Doesnt life have surprises? Sometimes surprises require us to use our carefully built Bitcoin stash. I've been there, and the cognitive dissonance between holding onto an investment and meeting a financial necessity is real.

In my investing experience, there's always a silver lining. If you have to sell Bitcoin today, why not purchase it back later? Like life, cryptocurrency fluctuates.

Dont forget investing's main purpose: safety. Using your net fulfills its objective. Address your immediate financial difficulties and be open to selling your Bitcoin. It promotes investment.

You can use your funds, or you can store your funds it depends on you. People store their wallets to exchange every time they want to make a trade or to grab an opportunity every market movement but we do not recommend doing this kind of activity instead have your own wallet which is a hot or cold wallet if the funds is on a centralized platform its, not your it's their money not until you transfer to your wallet with have the private keys. At the end if you are a long term seeker for the bitcoin holding is the most ideal but if you want ride with the market volatility and take profit short positions are the better.

When did you undertake this research? Damn, I wasn't informed neither did i receive any questionnaire, LoL  ;D
Holding is that simple to do unlike trading, you need to have different wallets for each purpose at least two wallets could do. One for mainly holding and another for transactions considering the fact that we have to meet up some bills. From my personal experience I discovered since I decided to create a different wallet for holding my coins that it has been easier for me to accumulate more than it were, as I apparently understands the purpose of for each of my wallets.

Anticipating now that most people use to avoid loss or some kind of fraud they choose to segregate their assets to a safer place, especially Bitcoin, they are totally more inclined to prefer hardware wallets for their security, and we think this will improve holding of them.

Bitcoin hold is a great idea, people who don't hold bitcoin will understand at some point how important it is to hold bitcoin.  Most of those who invest in cryptocurrencies hold Bitcoins, especially those who have a large amount of capital.  But Bitcoin holdings are highest in bear markets.  Also many people use many types of wallets to separate bitcoins in a safe place.But most of the forum accounts are not active all the time due to which it is impossible to find accurate information about other accounts. I think bitcoins always provide investors with profitable investment opportunities.

Well, for someone who is an investor in Bitcoin, they should always have another backup asset (an investment) to sustain their needs so that they don't have to lay hands on spending their Bitcoin. Whoever has other means of investment will hardly wish to spend their Bitcoin. So, the only way to keep holding your Bitcoin is not to be dependent on it as your only source of hope in case of emergencies, unless that's just the purpose of your investing in Bitcoin. For example, I have seen someone who decided to buy Bitcoin not because he wanted to hold it for a long time but because he said if he held fiat cash he was going to quickly spend it, so he decided to use the fiat to invest in Bitcoin with the thought that it's only when he has very pressing needs that he will sell the Bitcoin.

Also, for most users here that are also earning Bitcoin from signature payments, if one really wishes to hold the coin, the best decision is to get another job that is fetching you a sustainable income so that anytime you receive payment, you don't have to spend it.




Cheers 🥂, Dr.Bitcoin_Strange 👺👺

Bitcoin is best coin for investment. So investors first choose is bitcoin. So thousands people are buying and holding bitcoin. I am in this market since 2014. I have some exprience. I am also holding some Bitcoin since 2015. I am holding bitcon and i made huge profit from Bitcoin. And future Bull run bitcoin price will hit $70k-$100k. Then my profit will be more and more. So i think bitcoin holding is best. If anyone want to invest on crypto you can invest on bitcoin and hold it for good profit. If anyone invest now he will be huge profited form bitcoin i think. Overall Bitcoin invest is best and also Bitcoin holdin is best.

There are two things to put into consideration when talking about bitcoin hodling;

• Having what it takes to hodl

This simply means how buoyant one is. Someone who struggles to pay day to day bill cannot afford to hold bitcoin for long. You cannot be holding bitcoin and not feed well with your family or leave a comfortable lifestyle. You must sell your bitcoin and take care of yourself.

• Being able to hold

You might have all it takes to hold buy you are still not able to hols. Many things may cause this which may include;
Fear of price volatility (uncertainty and doubt).
Another aspect is people investing more than they could. This will make the person to be so much dependent on the bitcoin in investment because what is at hand isn't sufficient.

This year shows how important it is to hodln Bitcoin. +90% increase and that with all the negative news in the media. Comparing the price with 2022 it doesnt look so good, but Bitcoin always comes back, look a few more years back. There are a few more assets you should hodln, but always bitcoin. Trust the blockchain and Bitcoin.

We can't determine if that person owns a single wallet or more because some holders have their main wallet known to the forum but they also transferred their BTC to their storage wallet. Maybe for some are true like a trader, they don't hold their BTC too long. If you can see their wallet that has a huge number of transactions it means that the owner of this is not a holder but kinda be doing some business and for sure there is a separate wallet for holding.

Anyways, it was to note that not all are holders, so not to wonder why some wallets are empty while others are filled a lot.

One of the desires for holding Bitcoin is because we want to keep our assets for a certain period of time with a certain target price so that we will feel strong enough to hold on for that time. And a holder will usually be resistant to always holding their Bitcoin within that time period and increasing their accumulated holding as much as possible. Because they already have the mind to achieve certain targets. And I'm not sure if with such a strong will and plans, they will use it for certain transactions, especially if it's not something very urgent and emergency

Bitcoin price change had give many people a good profit today.Because the price of bitcoin had raised the new ATH today with the value of 31,800 dollars.My friends had sell their long holding bitcoin today and get some decent profit today.This good pump only happen in bitcoin as compared to other coins.If you had a full bitcoin,it’s enough to earn good profit in each and every new ATH.The price of bitcoin also reflected in many of the Altcoin today.So most of the altcoin price purely based on the bitcoin.

Bitcoin is one of the most valuable cryptocurrency in the market because of many reasons. All altcoins are been affected by Bitcoin whether we admit to that or not. It is always good for us to some Bitcoin fractions in our portfolio so when the market start going bullish, we can be proud that we have some quantities to hold that will give us some amount of profits. By next year, I expect Bitcoin to be in a bull run just like everyone had been waiting for that time when we can ride the market and earn from it at the same time. As we are holding and accumulating altcoins, it is of an importance for us to hold Bitcoin too since it is the number coin in the market.

Basically if we buy things with Bitcoin it is only transacted for convenience. However, most investors hold their bitcoins for long periods of time as they are not ready to spend their bitcoins at all. Of course Bitcoin is a good asset to invest in which reflects the fact that people are mostly loyal to Bitcoin. And what's really interesting about all the transactions completed by Bitcoin is that Bitcoin was created to be transacted. If an investor holds on to his bitcoins, he will be able to make good trades in the future. Bitcoin holders always think positively they keep Bitcoins in a trusted wallet for the future. And there are some investors who keep their bitcoins stored in a specific wallet so that they don't have any problems in the future when it comes to transactions.

for those who have cold money and are preparing for the needs of their children in the future, and currently their children are still small, holding bitcoin in the long term is a wise choice, that way when a child, for example, enters university and we have retired, then from this bitcoin investment you can meet these needs. moreover, we still hope for wider adoption of bitcoin, so the opportunity for the price to rise is still wide open. On the other hand, we really have to secure our wallets from thieves, and many steps can be prepared for that

Bitcoin's main use has changed. Its now digital gold, an investment. Being part of something groundbreaking is awe-inspiring. The transaction? Thats hard. Transaction fees and confirmation delays can make you envious of speedier cryptos.

We still defend Bitcoin. 'Store of value' works. Its pessimistic to assume Bitcoin will never be "peer-to-peer electronic cash" as stated in the white paper, but its the truth.

Here's a fact: Bitcoin might rise dramatically. Long-term hodling requires a reliable wallet. Keep Bitcoin and join the revolution!

Bitcoin is being used not for the original purpose for which it was created, but the benefits it brings have far exceeded its original purpose. It not only brings privacy to many people but also changes the lives of many people by holding it. So even though it's not used as a payment method, it's still something groundbreaking.

I agree many people are still trying to popularize bitcoin as a currency, but clearly most of us are making it an investment asset. I prefer bitcoin as an investment than as a currency because as I said, when bitcoin is an investment, it gives us more benefits.

Bitcoin holding is the strategy of holding on to one's Bitcoin investment for the long term despite market ups and downs and short term price movements. One can never hold unless one is extremely patient and expects more gains. A holder must firmly believe that Bitcoin will become a valuable digital asset in the future. Bitcoin holders do not care about little loss or profit after investment. They think it will act like a life insurance that can brighten the future. But there is no denying that holding Bitcoin can be a revolutionary way to gain freedom and potential returns.

Bitcoin fluctuates with time, I've master the volatility fill of bitcoin and I'm in a hurry to invest in it, rather I would take good entries on bitcoins whenever I see an opportunity. Altcoins are different from bitcoin, we just have to stick to what works for us. Bitcoin will pump in the nearest future, we just have to hold on to the coin in its present date. Bitcoin will shoot to the moon, we just have to exercise patience, although it keeps retesting back to its ATH in last fee months, I guessed it's just a glitch to entrapped investors who are keen to buy bitcoin.

Yes this is the most effective way for me to hold my crypto,
I would use my online wallet (Trading platforms, exchange or any type of online wallet) for those crypto that I would be using for transactions such as trading to earn more and crypto that I could easily liquidate.
I would then send of some portion of my earnings to my hardware wallet (Crypto or non-crypto earnings) to secure it and hold it for as long as I want or until the price or date that I've set has been met.

Hardware wallets are actually better and more secure to store Bitcoins, which will protect from being hacked. But to use we have to spend money to buy the device. Honestly, I prefer using an online wallet due to more frequent use because only use a smartphone, it's just that we have to use it somewhere safe.

@OP If you want to hold bitcoins you must split your wallet into two.
First you can use an electron or hardware to store bitcoins for a long time. And Zuma can't get thousands out of bitcoins in a pinch. And save the wallet's private key on a piece of paper and keep it safe. 
Second, keep bitcoins in your wallet for some expenses or trade with your bitcoins to earn more. However, Bitcoin price currently has upward momentum. So you can achieve success by trading and a way to earn more bitcoins.

Store 40%-45% of your total earning assets monthly in first wallet as long term. Then you can save resources like this and move forward.

This is why i always say that the bitcoin holdings is also depend on your status in life it is simply because those who have a financial freedom can surely hokd btc for a long term because they have a lot of money to use on thier daily expenses, while the poor or the people who are in the middle status always convert thier bitcoin holdings in time that is badly needed because they have limited budget for thier expenses, i am one of those who dont have a budget that is why i sell btc in year 2017 without any hesitation because  i need funds to survive. Most of the hokder are rich people or investors around the globe that is the reality only few percent of the investors is poor.

Absolutely. But things just have to be managed. Ofcourse it would be an advantage to have a financial freedom but those who do not have such privilege but are willing to make things possible may save money specifically for investment perhaps $20 per week or just any amount you can afford putting aside. Problem is how people see investments. Many people think that investments should be big but in reality, any investment amount would matter simply because you made it possible to invest and that is already a huge thing to become and to have. That will jist be the first step but the biggest one you would be having as an investor.

If there are several BTC in the main wallet create two options, First, create one trading account and one investment account. in daily, if you are familiar with trading market, activate it and do it, and if you already have a profit save it in USDT and when purchase if price is appropriate then you buy it back and save your profits to an investment account. Do it regularly and relax I'm sure little by little the estimated value of your assets will increase.

BTC is not meant to be hold in wallets like gold. It is basically a currency and should be used for transactions and trades.
However increasing demand with limited supply has made it's price soar to sky and many people fear that they might not be able to lay their hand again on BTC if they spend it now.

Once all BTC are mined and all of them reached to bitcoin holders wallet, people will eventually start spending them directly instead of first converting them to fiat.

I like with this ideas for investing in Bitcoin, I don't have plan with long term holding exactly with bitcoin because short term investment looks profitable and consistent earn profit in daily day based on Bitcoin can up and down above few percent. Buy back Bitcoin when price drop and few hours later sell if bitcoin up to higher price and convert my fund to stable coins between USDT or BUSD. Its seems excited than long term holding although has chance with bigger profitable but some time Bitcoin possibility back to lower price and good chance to buy back. I don't forbid for long term holding but when bitcoin have good progress with up and down every day has chance to earn profit consistent in short time.

but you didn't know what are those transactions is all about , maybe they are just selling for other altcoins so they might get more capital to buy bitcoin once the bull comes because we already knew that altcoins are the fast moving coins so indeed that they are moving towards other options.
like many of us are letting their coins moving but this does not mean they abandoned bitcoin but indeed that what you said is true that they are not totally holding for a certain time but instead making it buying and selling for their sole purpose .
but don't worry mate as long as they are buying bitcoin again there is no really an issue.
but there are more opportunities now like buying and selling than just holding that is why many people trying to move their bitcoin in and out.

If there is a large amount of BTC to invest, trading should be done with a fraction of the total BTC. In case you can carry out trading activities every day by separating a part of your total BTC with that part, you can transfer the profit that will be made every day to another wallet. For example, if you trade with 1000 dollars every day, you have earned 10 dollars. You can transfer 10 dollars from 1000 dollars and transfer it from the main account to the funding account or any other account. If you manage your work in this way, it will be seen that on the one hand your BTC will be held and you will get some benefit every day by trading regularly with a part of that held BTC.

In order to hold Bitcoin, firstly an investor must have a good knowledge of Bitcoin and the importance of holding. When an investor is able to understand the importance of holdings before investing, he will try his best to increase his holdings. If a holder can buy and hold in a bear market and wait until the bull market, he can realize how  holding play roll increasing their assets. I would agree with many that those who use two wallets i.e. one only for holding bitcoins and the other for its day-to-day operations will be able to hold bitcoins successfully.

Few people are as skilled as you in taking advantage of short-term price fluctuations through trading. Adrenaline rushes are highly pleasurable and can become habit forming. Amazing things happen when things go your way.

However, its important to note that this approach is not for the faint of heart. The constant ups and downs of prices can give people the willies. Constantly having to think on your feet and make snap decisions can be exhausting.

For this reason, "HODLing" is the strategy most people choose. Its like tending a tree: it takes time and effort to see it flourish. Yes, short-term price fluctuations are less important, but long-term growth can be rather large.

But, do what you have do. Go for it if you are confident in your abilities and the risks involved.

But still, it requires patience no matter if you have knowledge, but when it comes to emotions and controlling them, if you have difficulties, then for sure, when the market is bearish, you tend to sell it off instead of buying it. But again, we always learn from our mistakes, so for sure, later on, we realize that. As long as we keep it on hold for a longer period of time and, like, forget it for a couple of years, we can really survive on those urges to sell it because mostly we tend to find always news on it, and when we see something bad, it is our instinct to sell it off immediately.

We always have big ambitions in the crypto world and this is indeed what we have felt during our time in the crypto space, so in this case we have to make two different assets, one to invest and another to make transactions if there is something we want to hold, by making it like that we have two choices and the most important thing we can hold Bitcoin because when there is an increase later we are wrong One person who can benefit, and this is the dream of all of us.

dividing our Bitcoins in two categories for investment and for trading is indeed a good move. the most important thing is don't mix it in one wallet because it can affect your psychology when you lose control in trading which makes you very sure of profit.
some people I know who are still active in trading are actually very brave to take risks by still putting their assets on the exchange. they said because of the needs and facilitate their trading activities. this is risky but it turns out that they only leave the assets for trading, while the assets for their investments remain in the wallet. although I believe trades sometimes affect our investment assets when we lose previous trades.

Though what you say is right that one should have a clear count about how much of their assets they are willing to hold and they shouldn't spend that even if the wallet for their general expenses and holdings is the same, a lot of people tend to use separate wallets for both purposes so that they don't need to open and use the wallet they are using to hold their Bitcoins or other cryptocurrencies and they only open and make transactions with the other wallet.

But just because a lot of people do that it doesn't necessarily mean everyone should do the same thing, everyone has their personal preferences as you said, so some might have no issues keeping all their funds in one place while others might find it easy to separate their wallets for different purposes.

Because what is in our mind that stops us from using it is we are focused on movable values which is an opportunity for us to earn. And another reason is that people are not preferred using this as a currency because it was not accepted yet in their local area. So instead of considering is as a currency, they'd rather consider this as an investment. They buy and hold, and later on, when the bull season comes they sell them. They'll see that it was an investment opportunity in general, not as a currency like fiat money that we use every day.

Yes, this is the point of view of many people around me. They look at Bitcoin as an investment vehicle. They don't exchange and spend Bitcoin every day. They invest by waiting for certain times, and some make their investments for a short time and some for a long term.

Everyone has thoughts and expectations about Bitcoin. Many people who own bitcoins are afraid that if they sell their bitcoin, they will not be able to buy it again. That's why they don't sell. This is one of the reasons why Bitcoin has become valuable.

Holding bitcoin for a long term takes discipline and determination to see the market pump and decides to wait till you get the chance to sell the coin. Holding Bitcoin is a choice with the number of years

Bitcoin hodling is like saving for the future. If there's a cause to save, then you wait till the cause is fulfilled. If not, you just save it for later use. Those who hodl Bitcoin, also treat it like this. As we all know, saving and spending money should be kept separately, Bitcoin in hodling and spending should also be kept separately.

If one Hodler is spending his Bitcoin, then it could be from some other wallet. And when you have a strong will, because in order to hodl you need a strong will, you will never spend that. Making multiple storages to keep Bitcoin for multiple usages is one way to not mess up and keep hodling without worrying. If you are following the rules and only investing what you can afford to lose, then this thought won't come to your mind.

For this reason alone, I don't think that those strong hodlers are using their savings/hodled Bitcoin. And if they are using it, then it's their own choice. Maybe it was for a reason and the reason is here so they are using it.

Everybody has different needs, I don't understand what the point of your research is. Some people prefer to buy and hold, others like to do trading, and some other people even live off bitcoin completely, so of course they will do way more transactions than others. And let's not forget that holding is not as easy as it sounds, when things go south many people panic and sell.

If you implement a long-term strategy in bitcoin then you don't need to monitor price movements all the time, you can hold on until the desired price is reached. Bitcoin is very volatile, but when we implement a long-term strategy, you don't need to think about regarding the correction process and market sentiment due to FUD because holding is indeed waiting for the desired price increase to be achieved and bitcoin has also shown excellence in maintaining value, that's why bitcoin is considered very suitable for investment in the long term.

There is a balance between holding and adding to the amount of bitcoin ownership we have. When we implement a long-term investment strategy, we automatically have to think about ways to increase ownership. This means that the more bitcoins we hold, the faster it will be for us to make big profits, the pattern for collecting is up to what is easier for us to use.

         If it comes to that, then there is an option to order just such a card. This is the first time I've seen this myself, but the temptation is incredibly great. It is a pity that such cool things are not delivered to my country due to sanctions ((.
         Indeed, there is no point in constantly transacting with Bitcoin if there is a long-term storage strategy. Just extra movements will not lead to anything good.
     Metal debit card:
https://i.ibb.co/r78bXnm/8f94rtbuilcb1.jpg (https://ibb.co/p0VWkCx)

It is obvious that those who have more money tend to make more investments, people having no wealth or savings or any kind of assets cannot be among the bigger portion of the investment world, they might look for small places to invest whatever they have so that they can get a few percentages of profit over their investment in the long run and that is how they manage, or they will simply have no investments at all because they don't have enough money.

Creating assets is not an easy thing, some people might have inherited the wealth that they have today but that is not the case with everyone that is rich. Most of the people who are at a good status in present must have worked really hard in the past and that is why they could achieve success.

Yes exactly spending bitcoin for buying other goods is a better way to spread the news and information about bitcoin but everyone does not know about bitcoin and in some counties there is a ban on bitcoin so in those areas bitcoin cannot be used for payment method.

Using bitcoin as both a payment method as well as an investment method are beneficial but investment is under your control like when you want to sell and when you want to buy is your decision but in a case of payment so the seller will choose whether he accepted your bitcoin or is not familiar with it.

This forum is a good place to start, it's a knowledge gold mine if you do know where to look. you can the search button to find aged discussions but if you want structured resources, you should check out binance academy. 


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Yes, I have already read a lot of information here and on other resources. I can say that there is still a lot to learn. I still have the fear to invest in something. I want to get deeply into this niche first, so that I can better cope with stressful situations. I see that many people involved in trading should have good mental health. But thank you for your answer anyway.

If you're seeing public addresses that has got a lot of transactions and don't have a balance left anymore, it's because that's their public bitcoin address and you'll never know how much they've got with their private bitcoin addresses.

That's better be kept and not broadcasted even if we're just remaining anonymous from different online communities.

It is normal to fear investing if you're not yet knowledgeable about it. It's better to take it slowly and learn as much as you can before putting any money even in bitcoin.

That's how it was designed in the beginning, as a payment scheme, like to be used in online to buy things. Some people might have known bitcoin for years already, but are afraid to buy or hold because of the negative connotations that some media has portrayed it. And about buying though, one drawback that online sellers might see is how volatile it is and the price.

And that's why majority now shifts their focus in the last 5 years or so in bitcoin becoming as a store of value, just like in the pandemic where it was a hedge against their wealth. And then some companies as well, putting their balance sheet into bitcoin.

That's right, I can't even imagine the feelings of people who bought bitcoin at its peak price and see its price now. Although, most likely, these people knew all the risks when they bought it.

Now those who can hodling bitcoin can sell it after few years with good profit. But I think it is totally safe to invest in bitcoin. Those who invested in bitcoin earlier have got a lot of money. So I would say if someone wants to invest safely and profit.  It is necessary for them to invest in Bitcoin. I know that after a few years the price of Bitcoin will increase several times, so I want to buy and hold Bitcoin.

For us to hold a coin, we have to be specific on the target coin we are seeing with the prospect of holding and will not turn to scam and all efforts and resources wasted along side, we have to understand the different types of coins to invest on, the associated risk involved in them ad how reliable they are when it comes to investment, scam is very common with some or these newly introduced memecoins and once we made a wrong choice investing in them, loosing our investment is what becomes a dominant occurence we should be expecting anytime soon.

Speaking of that situation, I've seen people that did the same thing and it was not just during 2021 bull run but also on 2017. It's truly a matter of patience when you invest aside from having the knowledge of what you're buying.

So, if you ever decide to buy, you have to make it sure that you're firm with that decision of yours and you're going to hold as much as you can until you profit.

Well, we're talking about Bitcoin in here so there's no scam except if you've been blindedly attracted to those ponzi schemes that use Bitcoin as their main method of payment.

For some, they aren't feeling that bad since they believe strongly in Bitcoin and they know that one day they'll make a huge profit. However, some other people who are holding Bitcoin are very worried when its price goes down and I think a few of them sell at a loss which I would never do especially when it comes to Bitcoin.

I personally know a friend who bought Bitcoin when it was around $50k and he invested a huge amount of money at that time. Now, he's doing fine and he's awaiting the next Bitcoin bull run. He always tells me that bitcoin will reach more than $100k by the next peak and I wish that would be true to be honest.

We says that those individuals who already have bought bitcoin will have the opportunity to earn more money then present one but it is also true that today's investor will be more profitable than investors of future because price increases as the years elapse.

Investment in Bitcoin is really helpful but for those who have large sum of money and they don't utilize their fund putted in bitcoin as an emergency fund.

I think everyone cannot take revenge easily from bitcoin as its understanding of market is not easy for all investors of bitcoin therefore when they did not get return well then they initiate hold liable bitcoin.

 First understanding is important and other thing is the calmness over emotions in bear market and third is to leave the putted money for longer timing without utilizing it in urgent situations.

I think that the largest portion of transactions is the testing of new wallet apps, since wallet market is rapidly growing now. So, I think, it doesn't mean that these people don't hodl. Moreover, many people sometimes exchange small sums of crypto for fiat (especially people whose income is in crypto). This also creates large portion of transactions. So, the popularity of hodling is not something that we can disprove with the fact that there are lots of transactions in the network...

Yes, this niche obviously requires a lot of endurance. I've heard stories from friends when people made a good profit on their investments and went to trade futures, after which they just couldn't stop and lost everything they had earned, and sometimes everything they had.

There is nothing absolutely tempting about it but rather i think there are situations that would lead to people not having any personal savings or holdings and moatbtimes you don't have to blame them for it.
Every bitcoin  believer would want to own bitcoin at every cost but most times there are situations that might money that they can't afford to ignore especially  with regards to health as there is always a saying that your health is your wealth and most times it is always difficult  for someone who's not struggling  with health to understand the topic with health.
But nevertheless, I think everyone wants to own a fraction of bitcoin if given the opportunity to hold.

The real intention on why bitcoin was created is for it to be spent. If all people since the start had not tried making transactions then this coin would've been worthless or not this valuable. People are still buying and holding but at the same time, they are also using it. At the moment I am only using bitcoin in my regular gambling activity. Before I also used bitcoin to pay some bills and buy loads which were also common in my country until regulations changed.

Bitcoin halving is happening again next year. So I assume that the majority in this forum are adding bitcoin into their wallets rather than spending it.

Satoshi created bitcoin with the hope that it would become a peer-to-peer currency without intervention or support from governments or third parties. But so far, it's becoming more of an investment than something Satoshi wanted. If you only use bitcoin as a payment method, then you are one of the few doing exactly what Satoshi wanted bitcoin to be. The rest, not just on the forum but most people who own bitcoin, consider it an asset, an investment rather than a peer-to-peer currency.

That's actually what's happening and we're contributing to it too. I admit that I am also looking at bitcoin as an investment rather than a payment method. But I think when bitcoin becomes an investment it is also a good thing because it is also bringing great benefits to us. When bitcoin becomes an asset, it can help us earn more income, help us fight inflation thanks to its growth, or some people even use it as a store of value or become their own bank...It can be seen that it still brings a lot of benefits even though it is not monetary. So it's not bad that it didn't become a peer-to-peer currency like Satoshi had hoped.

Holding Bitcoin for a long period of time while avoiding short term price fluctuations is called Bitcoin holding. Since the emergence of Bitcoin as a digital money, Bitcoin has gained a lot of popularity among the general public. Its users are increasing day by day as Bitcoin is much less in its circulating supply than the demand so its value is likely to increase in the future. I think holding bitcoins holds good future.

Holding bitcoin is the safest and most practical way of investing in bitcoin, especially if you are new in this field. You see, holding a bitcoin asset is simple; you will buy a specific amount of bitcoin or satoshi, then you will not do anything; you will just wait until its price increases, and you will see that the value you brought your bitcoin has become even greater. It is a simple waiting game, but of course it is long-term; you are just holding and not trading, so you should wait until you see the increase in value in your holdings. You are safe because no matter how much the amount of bitcoin you brought, the only thing that decreases is its value, not the actual bitcoin.

So yeah, if you don't have a cut in trading or other forms of earning through bitcoin and you have patience to wait long, then hodling is the best option for you and for new investors.

People will hold because they know that it is one of the strategies that is used and have worked for a lot of people and it less stressful compare to trading all you need to do is just to buy and abandon it there for years and when the time is right you will make enough profit from it, compare to what people that trade have been making that is why a lot of people prefer it than just to trade, in this forum people do more transaction in bitcoin, and since its a bitcoin forum then there is is nothing much to worry about as far as the funds are safe, yeah its a choice and a good choice to make, and people making transactions might be to move it to a safer place.


stocking up bitcoin is the best you will just look for a safe wallet and keep it there then wait for some few years possibly 10 years that way you will be successful because when you make money from holding then possibly divert it to another bushiness that is how rich people behave you keep trying until it gets better and why it will even be better to buy bitcoin is that you already know how it works and you don't expect me to buy altcoin and keep for 10 years i don't think i can do that i don't have that level of trust for other coins, so i will invest in what i know better which is bitcoin. and one thing i know for sure about bitcoin is that even as the price keeps coming down it is also getting a new all time high.

According to what I have learnt so far in this forum I believe the best way to do that is to have seperate wallets maybe a Dex wallet and a Cex wallet. Maybe holding your coin
should be on the decentralized wallets maybe Trust wallet, metamask, electron wallet etc while wallet for transactions should be in a centralised exchange like Binance, where you can be frequently transacting without having any interference.


No matter how tempting it might be, holding is very important because holding for long will give you a combo. Emagine the current price of Bitcoin compeard to the price last week. Last week was $42k today is $52k. Given a whopping value of $10k within the interval of 1week. And it is hard to find an investment that makes profit in less than no time. So I said let us not be tempted to touch our hold because our holding because it's our priority.