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Question: Are you holding bitcoins?
Yes, i wait for price increase
No
I dont have any bitcoins
I have too much of it to hold

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Author Topic: Are you holding your bitcoin for a price increase?  (Read 247094 times)
Shibashi Dogemoto
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May 18, 2016, 02:58:00 PM
 #3181

So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...

My answer is :
I do both. I spend some of my btc to my daily needs and I save my all other earning for future events. such halving and other price increase or something else.
but I like to spend more. just because I don't need lots of money so my saving is higher then my spending.

If you are earning then you should also spend as I prefer to convert it to my local currency on regular basis, and also saving some of them to take extra benefit from halving.
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May 18, 2016, 03:13:28 PM
 #3182

So are you holding your bitcoins for future events such as halving or you more like to spend your bitcoins when you get it? I personally like to spend it for digital goods usually...

My answer is :
I do both. I spend some of my btc to my daily needs and I save my all other earning for future events. such halving and other price increase or something else.
but I like to spend more. just because I don't need lots of money so my saving is higher then my spending.

If you are earning then you should also spend as I prefer to convert it to my local currency on regular basis, and also saving some of them to take extra benefit from halving.

If you are earning you do not have to always spend, it is better to save in the form of bitcoin and not too often converted to the local currency, as I'm sure bitcoin prices will always increase .
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May 18, 2016, 03:19:39 PM
 #3183

Yeah I am holding some coins for the future but not all of them. It is not sure that the price is the future is going to be what people wanted so I am trying to sell some coins in the mean time to make some money.
bamboylee
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May 18, 2016, 03:20:49 PM
 #3184

I'm not holding bitcoin for price increase, I just use it as payment method. I don't care about the actual bitcoin price.
You don't care about the price because when you are about to buy something with Bitcoin you convert fiat into Bitcoin right?

I do this as well and it makes the price not really that important anymore for me when I use it to buy stuff.
I think if you do not see the current price certainly it would be little harm you? you know something good has a price? then if you buy goods when the price is low bitcoin surely you will pay more bitcoin?
If the price of Bitcoin is low you indeed end up paying with more coins to get the same item compared to when the price is high.

But if you simply convert fiat into Bitcoin and then make the purchase you will not feel it like you would when you used coins that you had in your wallet for a long time.

You don't have to buy items when the price is low. Buy them when the price of bitcoin is high so the price of the item will.seem low. If you really want to buy, use fiat first when bitcoin price is really low. Anyway, when bitcoin price drops, it only takes a few days before.it recovers. So you don't wait long.
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May 18, 2016, 03:27:41 PM
 #3185

I'm not holding bitcoin for price increase, I just use it as payment method. I don't care about the actual bitcoin price.
You don't care about the price because when you are about to buy something with Bitcoin you convert fiat into Bitcoin right?

I do this as well and it makes the price not really that important anymore for me when I use it to buy stuff.
I think if you do not see the current price certainly it would be little harm you? you know something good has a price? then if you buy goods when the price is low bitcoin surely you will pay more bitcoin?
If the price of Bitcoin is low you indeed end up paying with more coins to get the same item compared to when the price is high.

But if you simply convert fiat into Bitcoin and then make the purchase you will not feel it like you would when you used coins that you had in your wallet for a long time.

You don't have to buy items when the price is low. Buy them when the price of bitcoin is high so the price of the item will.seem low. If you really want to buy, use fiat first when bitcoin price is really low. Anyway, when bitcoin price drops, it only takes a few days before.it recovers. So you don't wait long.

If I want to buy something then I would prefer it to convert to fiat when the price of bitcoin is high and that  will help me to hold high value of fiat.
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May 18, 2016, 03:39:37 PM
 #3186

The most people with a smart mind are holding their coin and that is because they know that they can earn some more money later and that would be perfect for them.
But they already have waited a long time because it was already stable for a long time so that is bad.

Yeah people don't like to see price stable for a long time as they cannot make profits on regular time but holding till halving can help us in the best possible way.

yeah there are some people who do not have any knowledge about earning online with some work or do not know about staring any business so they are waiting only for the price increase, but there are some people who have good knowledge and are well skilled and so with their struggle they earn a big amount of bitcoin monthly, along with holding some amount for halving profit.

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May 18, 2016, 06:39:32 PM
 #3187



yeah there are some people who do not have any knowledge about earning online with some work or do not know about staring any business so they are waiting only for the price increase, but there are some people who have good knowledge and are well skilled and so with their struggle they earn a big amount of bitcoin monthly, along with holding some amount for halving profit.


If those people are not eager to online other ways to earn money online aside from waiting for the bitcoin price to increase, they will not become a better person here in bitcoin world. Accumulating must come not only by just waiting but by studying other factors to accumulate coins.

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May 19, 2016, 02:42:22 AM
 #3188


It will be not the best thing that you can do with Bitcoin now around this time because the value

is going to rise soon and it wont be smart if you are selling now.

So holding now is the best thing that you can do with Bitcoin so you can sell it later maybe with a

lot of profit.


Follow this advice; though some may see the bitcoin halving as a bad thing; you need to check the statistics for the previous halving when bitcoin was at a low value, after the halving the price escalated due to the demand and supply being in balance. The same is speculated to happen in the next halving, the demand will continue to rise and we can expect to see the value in Bitcoin to increase, those will gain profit.
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May 19, 2016, 03:32:41 AM
 #3189

Yeah I am holding some coins for the future but not all of them. It is not sure that the price is the future is going to be what people wanted so I am trying to sell some coins in the mean time to make some money.

This what exactly I do. I always try to hold some bitcoins for future price increase. but same time I spend some coins also in trading and investing. actually my logic is we should increase our bitcoins meanwhile instead of only holding them and waiting for price increase.
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May 19, 2016, 04:16:18 AM
 #3190

Yeah I am holding some coins for the future but not all of them. It is not sure that the price is the future is going to be what people wanted so I am trying to sell some coins in the mean time to make some money.

This what exactly I do. I always try to hold some bitcoins for future price increase. but same time I spend some coins also in trading and investing. actually my logic is we should increase our bitcoins meanwhile instead of only holding them and waiting for price increase.

It's really a must to save some and at the same time rotate some. We must take a ride for every price trend that will happen in bitcoin. It will give us more profit rather than saving them alone for a long time. And besides we will get benefits from doing both.

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May 19, 2016, 05:07:49 AM
 #3191

Yeah I am holding some coins for the future but not all of them. It is not sure that the price is the future is going to be what people wanted so I am trying to sell some coins in the mean time to make some money.

This what exactly I do. I always try to hold some bitcoins for future price increase. but same time I spend some coins also in trading and investing. actually my logic is we should increase our bitcoins meanwhile instead of only holding them and waiting for price increase.

It's really a must to save some and at the same time rotate some. We must take a ride for every price trend that will happen in bitcoin. It will give us more profit rather than saving them alone for a long time. And besides we will get benefits from doing both.
I agree on this. We should strike a balance between what we hold and what we use for other things like trading, gambling and for shopping and bills payment. Holding alone does not contribute to the growth of bitcoin as a currency as it keeps bitcoin from the possibility of changing hands. The lesser users there are, the slower the process of mass adoption.
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May 19, 2016, 05:37:06 AM
 #3192

Yeah I am holding some coins for the future but not all of them. It is not sure that the price is the future is going to be what people wanted so I am trying to sell some coins in the mean time to make some money.

It is not bad to sell some coins today if you really need it, and you got the point that we still don't know what will happen in the future with the price of bitcoins.
But still we all need to stay on what the price dictate of bitcoins.

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May 19, 2016, 06:26:29 AM
 #3193

Yeah I am holding some coins for the future but not all of them. It is not sure that the price is the future is going to be what people wanted so I am trying to sell some coins in the mean time to make some money.

It is not bad to sell some coins today if you really need it, and you got the point that we still don't know what will happen in the future with the price of bitcoins.
But still we all need to stay on what the price dictate of bitcoins.

I strongly agree with tabas. Dont regret anything if you want to sell some coins do it. It is yours at the first place and you've earned it. Specially if it you will use it for an emergency purpose then it is all worth it..
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May 19, 2016, 09:28:08 AM
 #3194

The most people with a smart mind are holding their coin and that is because they know that they can earn some more money later and that would be perfect for them.
But they already have waited a long time because it was already stable for a long time so that is bad.

Yeah people don't like to see price stable for a long time as they cannot make profits on regular time but holding till halving can help us in the best possible way.
The most people with Bitcoin and patience are waiting for a higher value so they can sell it with a lot of profit and that is logic because it was their main reason why they bought.
But it can takes a long time until the value can be more worth so we must have the patience for it otherwise you are going to sell it too early.
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May 19, 2016, 09:36:13 AM
 #3195

The most people with a smart mind are holding their coin and that is because they know that they can earn some more money later and that would be perfect for them.
But they already have waited a long time because it was already stable for a long time so that is bad.

Yeah people don't like to see price stable for a long time as they cannot make profits on regular time but holding till halving can help us in the best possible way.
The most people with Bitcoin and patience are waiting for a higher value so they can sell it with a lot of profit and that is logic because it was their main reason why they bought.
But it can takes a long time until the value can be more worth so we must have the patience for it otherwise you are going to sell it too early.

I don't think anyone can afford to sell at this stage as price is not too high at a moment so it would be good decision to hold for next couple of months.
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May 19, 2016, 10:03:10 AM
 #3196

The most people with a smart mind are holding their coin and that is because they know that they can earn some more money later and that would be perfect for them.
But they already have waited a long time because it was already stable for a long time so that is bad.

Yeah people don't like to see price stable for a long time as they cannot make profits on regular time but holding till halving can help us in the best possible way.
The most people with Bitcoin and patience are waiting for a higher value so they can sell it with a lot of profit and that is logic because it was their main reason why they bought.
But it can takes a long time until the value can be more worth so we must have the patience for it otherwise you are going to sell it too early.

I don't think anyone can afford to sell at this stage as price is not too high at a moment so it would be good decision to hold for next couple of months.

Yeah, this isn't the right time to sell bitcoins today, but this is the time to buy and to hold. It will just depend on you on how you are going to manage your coins before the halving comes. The more you are holding today , the more you are going to earn more after the halving happens.
So, buying today is much more suggested.

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May 19, 2016, 10:05:24 AM
 #3197

The most people with a smart mind are holding their coin and that is because they know that they can earn some more money later and that would be perfect for them.
But they already have waited a long time because it was already stable for a long time so that is bad.

Yeah people don't like to see price stable for a long time as they cannot make profits on regular time but holding till halving can help us in the best possible way.
The most people with Bitcoin and patience are waiting for a higher value so they can sell it with a lot of profit and that is logic because it was their main reason why they bought.
But it can takes a long time until the value can be more worth so we must have the patience for it otherwise you are going to sell it too early.

I don't think anyone can afford to sell at this stage as price is not too high at a moment so it would be good decision to hold for next couple of months.

Yeah, this isn't the right time to sell bitcoins today, but this is the time to buy and to hold. It will just depend on you on how you are going to manage your coins before the halving comes. The more you are holding today , the more you are going to earn more after the halving happens.
So, buying today is much more suggested.

Exactly this is the best time to buy some bitcoin, and if you sell now then it will not allow you to make higher profits, and to earn good profits you need to hold it long.
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May 19, 2016, 10:16:07 AM
 #3198

The most people with a smart mind are holding their coin and that is because they know that they can earn some more money later and that would be perfect for them.
But they already have waited a long time because it was already stable for a long time so that is bad.

Yeah people don't like to see price stable for a long time as they cannot make profits on regular time but holding till halving can help us in the best possible way.
The most people with Bitcoin and patience are waiting for a higher value so they can sell it with a lot of profit and that is logic because it was their main reason why they bought.
But it can takes a long time until the value can be more worth so we must have the patience for it otherwise you are going to sell it too early.

I don't think anyone can afford to sell at this stage as price is not too high at a moment so it would be good decision to hold for next couple of months.

Yeah, this isn't the right time to sell bitcoins today, but this is the time to buy and to hold. It will just depend on you on how you are going to manage your coins before the halving comes. The more you are holding today , the more you are going to earn more after the halving happens.
So, buying today is much more suggested.

Exactly this is the best time to buy some bitcoin, and if you sell now then it will not allow you to make higher profits, and to earn good profits you need to hold it long.

There is no problem if you want to sell your coins now Grin but again the is not suggested today. Holding more for a longer time will allow you to earn more but it depends upon your decision on the time line that you are going to give to your investment.

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crossabdd
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May 19, 2016, 03:24:38 PM
 #3199

The most people with a smart mind are holding their coin and that is because they know that they can earn some more money later and that would be perfect for them.
But they already have waited a long time because it was already stable for a long time so that is bad.

Yeah people don't like to see price stable for a long time as they cannot make profits on regular time but holding till halving can help us in the best possible way.
The most people with Bitcoin and patience are waiting for a higher value so they can sell it with a lot of profit and that is logic because it was their main reason why they bought.
But it can takes a long time until the value can be more worth so we must have the patience for it otherwise you are going to sell it too early.

I don't think anyone can afford to sell at this stage as price is not too high at a moment so it would be good decision to hold for next couple of months.

Yeah, this isn't the right time to sell bitcoins today, but this is the time to buy and to hold. It will just depend on you on how you are going to manage your coins before the halving comes. The more you are holding today , the more you are going to earn more after the halving happens.
So, buying today is much more suggested.

Exactly this is the best time to buy some bitcoin, and if you sell now then it will not allow you to make higher profits, and to earn good profits you need to hold it long.

There is no problem if you want to sell your coins now Grin but again the is not suggested today. Holding more for a longer time will allow you to earn more but it depends upon your decision on the time line that you are going to give to your investment.

sell now If you already feel benefit, its not a problem, but you will be very regret when later halving could make prices rise higher. patient will be better.
umaOuma
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May 19, 2016, 03:53:53 PM
 #3200

The most people with a smart mind are holding their coin and that is because they know that they can earn some more money later and that would be perfect for them.
But they already have waited a long time because it was already stable for a long time so that is bad.

Yeah people don't like to see price stable for a long time as they cannot make profits on regular time but holding till halving can help us in the best possible way.
The most people with Bitcoin and patience are waiting for a higher value so they can sell it with a lot of profit and that is logic because it was their main reason why they bought.
But it can takes a long time until the value can be more worth so we must have the patience for it otherwise you are going to sell it too early.

I don't think anyone can afford to sell at this stage as price is not too high at a moment so it would be good decision to hold for next couple of months.

Yeah, this isn't the right time to sell bitcoins today, but this is the time to buy and to hold. It will just depend on you on how you are going to manage your coins before the halving comes. The more you are holding today , the more you are going to earn more after the halving happens.
So, buying today is much more suggested.

Exactly this is the best time to buy some bitcoin, and if you sell now then it will not allow you to make higher profits, and to earn good profits you need to hold it long.

There is no problem if you want to sell your coins now Grin but again the is not suggested today. Holding more for a longer time will allow you to earn more but it depends upon your decision on the time line that you are going to give to your investment.

sell now If you already feel benefit, its not a problem, but you will be very regret when later halving could make prices rise higher. patient will be better.

There is no guarantee that we will see higher price at the time of halving, so if your are earning profit at this stage then you should sell it.
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