ASHLIUSZ
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August 13, 2016, 12:23:23 PM |
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if you have lots of money, it is good to hold bitcoin. but if you do not have money, it is better to grow bitcoin than just hold.
so when you grow and make a profit, you can save the most and hold for the long term.
Even if you have a lot of money but still it is better to keep them growing, if you dont want to risk them all then just do it with a half or just with a quarter of what you have, in that way if the price even drops in future you won't be in loss because you have been growing your bitcoins gradually with the time and if the price grows then you will earn a lot more profits then usual. Holding is very simple, it just needs some patience, it is not necessary that you sell every time there is a price increase because that inrease could be more when you wait for a longer time, one should know how to have patience and treat his investment like a time deposit where there should be a definite time before you withdraw. It is however smart to secure some profits from time to time. Just look at the peak of nearly $800 in June. I kept selling small parts of coins in the runup to that price, and I bought back when it went below $600 again. That's how you increase your coin count. I you just keep holding, then not much will happen beside you seeing the value of your coins go up or down. Action is what makes you get the best profits. Yeah but most of the times I miss the opportunity, before the hack when price reached $670 I thought of selling few of my coins but I didn't do that and waited for $700, what happened, by hack it went down, I was in need at that time so sold my coins for $530, now holding part of my coins for price increase.
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Corenin
Legendary
Offline
Activity: 1008
Merit: 1000
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August 13, 2016, 01:24:02 PM |
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if you have lots of money, it is good to hold bitcoin. but if you do not have money, it is better to grow bitcoin than just hold.
so when you grow and make a profit, you can save the most and hold for the long term.
Even if you have a lot of money but still it is better to keep them growing, if you dont want to risk them all then just do it with a half or just with a quarter of what you have, in that way if the price even drops in future you won't be in loss because you have been growing your bitcoins gradually with the time and if the price grows then you will earn a lot more profits then usual. Holding is very simple, it just needs some patience, it is not necessary that you sell every time there is a price increase because that inrease could be more when you wait for a longer time, one should know how to have patience and treat his investment like a time deposit where there should be a definite time before you withdraw. It is however smart to secure some profits from time to time. Just look at the peak of nearly $800 in June. I kept selling small parts of coins in the runup to that price, and I bought back when it went below $600 again. That's how you increase your coin count. I you just keep holding, then not much will happen beside you seeing the value of your coins go up or down. Action is what makes you get the best profits. Yeah but most of the times I miss the opportunity, before the hack when price reached $670 I thought of selling few of my coins but I didn't do that and waited for $700, what happened, by hack it went down, I was in need at that time so sold my coins for $530, now holding part of my coins for price increase. Bitcoin is very complicated as we never know what is the best time to sell, if price goes higher we expect it will go much higher but suddenly it falls back and we miss the opportunity to make profits.
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Mastsetad
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August 14, 2016, 06:12:56 AM |
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Bitcoin is very complicated as we never know what is the best time to sell, if price goes higher we expect it will go much higher but suddenly it falls back and we miss the opportunity to make profits.
Exactly. And that is the reason why someone should not sell all his coins at once and he should also not hold all the coins he has, he should just sell some of them when he see a good price and hold the others for next time because it might grow higher or it might drop again, so just make some profit and keep some for making more profits later on.
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peta4e
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August 14, 2016, 06:14:41 AM |
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Bitcoin is very complicated as we never know what is the best time to sell, if price goes higher we expect it will go much higher but suddenly it falls back and we miss the opportunity to make profits.
Exactly. And that is the reason why someone should not sell all his coins at once and he should also not hold all the coins he has, he should just sell some of them when he see a good price and hold the others for next time because it might grow higher or it might drop again, so just make some profit and keep some for making more profits later on. Yeah that is the right thing to do, sell it when you can make profits from it instead of holding it for a long time as you never know what price it will hold in next few days.
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dunfida
Legendary
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Activity: 3122
Merit: 1141
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August 14, 2016, 08:03:42 AM |
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Bitcoin is very complicated as we never know what is the best time to sell, if price goes higher we expect it will go much higher but suddenly it falls back and we miss the opportunity to make profits.
Exactly. And that is the reason why someone should not sell all his coins at once and he should also not hold all the coins he has, he should just sell some of them when he see a good price and hold the others for next time because it might grow higher or it might drop again, so just make some profit and keep some for making more profits later on. Yeah that is the right thing to do, sell it when you can make profits from it instead of holding it for a long time as you never know what price it will hold in next few days. All must sell or buy bitcoin in the right time in which this situation would make an impact on bitcoins price it would make the price move and doesnt stable its price for a long time. If theres a huge drop on bitcoins price then theres a problem it might those coins are sold for a cheaper price but others sees it as an oppurtunity to buy more then the price would gradually rises.
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Pierre 2
Legendary
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Activity: 2422
Merit: 1358
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August 14, 2016, 08:06:51 AM |
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It might be dangerous to hold your all coins for years in crypto currency business. It has different type of dynamics, not like stock market that you hold for years.
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chaosknight
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August 14, 2016, 08:19:19 AM |
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Bitcoin is very complicated as we never know what is the best time to sell, if price goes higher we expect it will go much higher but suddenly it falls back and we miss the opportunity to make profits.
Exactly. And that is the reason why someone should not sell all his coins at once and he should also not hold all the coins he has, he should just sell some of them when he see a good price and hold the others for next time because it might grow higher or it might drop again, so just make some profit and keep some for making more profits later on. Yeah that is the right thing to do, sell it when you can make profits from it instead of holding it for a long time as you never know what price it will hold in next few days. All must sell or buy bitcoin in the right time in which this situation would make an impact on bitcoins price it would make the price move and doesnt stable its price for a long time. If theres a huge drop on bitcoins price then theres a problem it might those coins are sold for a cheaper price but others sees it as an oppurtunity to buy more then the price would gradually rises. If you see major drop in the price then consider it as an opportunity to buy more coins as we all know that even price drops it will rise once again in future.
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randy8777
Legendary
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Activity: 896
Merit: 1000
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August 14, 2016, 12:43:37 PM |
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It might be dangerous to hold your all coins for years in crypto currency business. It has different type of dynamics, not like stock market that you hold for years.
it's like a 50/50 situation. bitcoin either becomes worth a lot, or it will end up being worthless. long term holders focus on the first option. i am also one of them. i strongly believe that bitcoin will be much more appreciated as both an alternative currency, and long term storage of value in the future. if bitcoin turns out to not live up to what we expect from it, then at least i have made great profits in my time in bitcoin.
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stromma44
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August 14, 2016, 01:19:21 PM |
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It might be dangerous to hold your all coins for years in crypto currency business. It has different type of dynamics, not like stock market that you hold for years.
it's like a 50/50 situation. bitcoin either becomes worth a lot, or it will end up being worthless. long term holders focus on the first option. i am also one of them. i strongly believe that bitcoin will be much more appreciated as both an alternative currency, and long term storage of value in the future. if bitcoin turns out to not live up to what we expect from it, then at least i have made great profits in my time in bitcoin. People who are into bitcoin since long time have surely made some good profits but we really want that this journey should continue for a longer duration to grab maximum benefits from it.
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Positid
Sr. Member
Offline
Activity: 378
Merit: 250
BULL RUN until 2030
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August 14, 2016, 02:31:32 PM |
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It might be dangerous to hold your all coins for years in crypto currency business. It has different type of dynamics, not like stock market that you hold for years.
it's like a 50/50 situation. bitcoin either becomes worth a lot, or it will end up being worthless. long term holders focus on the first option. i am also one of them. i strongly believe that bitcoin will be much more appreciated as both an alternative currency, and long term storage of value in the future. if bitcoin turns out to not live up to what we expect from it, then at least i have made great profits in my time in bitcoin. People who are into bitcoin since long time have surely made some good profits but we really want that this journey should continue for a longer duration to grab maximum benefits from it. Of course, all of us want that, as long as we still see that we can still get a benefit in investing bitcoin, investors will still continue to venture. We have to accept the fact that most people does not have satisfaction with money as we all want to have financial freedom.
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cambda
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August 14, 2016, 02:36:00 PM |
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It might be dangerous to hold your all coins for years in crypto currency business. It has different type of dynamics, not like stock market that you hold for years.
it's like a 50/50 situation. bitcoin either becomes worth a lot, or it will end up being worthless. long term holders focus on the first option. i am also one of them. i strongly believe that bitcoin will be much more appreciated as both an alternative currency, and long term storage of value in the future. if bitcoin turns out to not live up to what we expect from it, then at least i have made great profits in my time in bitcoin. People who are into bitcoin since long time have surely made some good profits but we really want that this journey should continue for a longer duration to grab maximum benefits from it. Of course, all of us want that, as long as we still see that we can still get a benefit in investing bitcoin, investors will still continue to venture. We have to accept the fact that most people does not have satisfaction with money as we all want to have financial freedom. People should made aware that they can get financial freedom from bitcoins as it is a decentralized currency and you have total control on your money and the best part is there is no government interference.
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Betwrong
Legendary
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Activity: 3318
Merit: 2183
I stand with Ukraine.
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August 14, 2016, 02:48:47 PM |
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As you see, the Bitcoin is crashing and trying to break a new low until it stop. But I won't sell any Bitcoin at this time, I believe it will rise again as it always do. As you see you were right when you were writing that. Bitcoin was below $400 at the moment and look at the price now! I like good predictions especially those which come true with time and yours was the good one.
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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randy8777
Legendary
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Activity: 896
Merit: 1000
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August 14, 2016, 03:01:11 PM |
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It might be dangerous to hold your all coins for years in crypto currency business. It has different type of dynamics, not like stock market that you hold for years.
it's like a 50/50 situation. bitcoin either becomes worth a lot, or it will end up being worthless. long term holders focus on the first option. i am also one of them. i strongly believe that bitcoin will be much more appreciated as both an alternative currency, and long term storage of value in the future. if bitcoin turns out to not live up to what we expect from it, then at least i have made great profits in my time in bitcoin. People who are into bitcoin since long time have surely made some good profits but we really want that this journey should continue for a longer duration to grab maximum benefits from it. Of course, all of us want that, as long as we still see that we can still get a benefit in investing bitcoin, investors will still continue to venture. We have to accept the fact that most people does not have satisfaction with money as we all want to have financial freedom. People should made aware that they can get financial freedom from bitcoins as it is a decentralized currency and you have total control on your money and the best part is there is no government interference. no matter how weird it may sound, i think exactly that is worrying certain people. there is no government as a central point to take care of everything. that in combination with the media saying that bitcoin is the underworld currency, is playing a major factor as to why people don't want to adopt bitcoin. they probably think it's a paradise for criminals.
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dezoel
Legendary
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Activity: 2058
Merit: 1078
Leading Crypto Sports Betting & Casino Platform
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August 14, 2016, 03:05:47 PM |
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It might be dangerous to hold your all coins for years in crypto currency business. It has different type of dynamics, not like stock market that you hold for years.
it's like a 50/50 situation. bitcoin either becomes worth a lot, or it will end up being worthless. long term holders focus on the first option. i am also one of them. i strongly believe that bitcoin will be much more appreciated as both an alternative currency, and long term storage of value in the future. if bitcoin turns out to not live up to what we expect from it, then at least i have made great profits in my time in bitcoin. People who are into bitcoin since long time have surely made some good profits but we really want that this journey should continue for a longer duration to grab maximum benefits from it. Of course, all of us want that, as long as we still see that we can still get a benefit in investing bitcoin, investors will still continue to venture. We have to accept the fact that most people does not have satisfaction with money as we all want to have financial freedom. People should made aware that they can get financial freedom from bitcoins as it is a decentralized currency and you have total control on your money and the best part is there is no government interference. no matter how weird it may sound, i think exactly that is worrying certain people. there is no government as a central point to take care of everything. that in combination with the media saying that bitcoin is the underworld currency, is playing a major factor as to why people don't want to adopt bitcoin. they probably think it's a paradise for criminals. Agreed, that is a major issue bitcoin holds negative impression on the most of the people and that is the reason they prefer to stay away from it as they feels that its illegal to use it.
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BitcoinPaw
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August 14, 2016, 09:41:00 PM |
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It's a good idea not to take a risk and just hold your bitcoins, becuase you will never lose your money if you are attentive enough, i believe on you
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Ewinsane
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August 15, 2016, 08:12:28 AM |
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It's a good idea not to take a risk and just hold your bitcoins, becuase you will never lose your money if you are attentive enough, i believe on you i agree with you its good time to hold your bitcoin .
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anthonydar
Full Member
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Activity: 203
Merit: 100
★CryptoGamesFX.com★
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August 15, 2016, 04:13:42 PM |
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It's a good idea not to take a risk and just hold your bitcoins, becuase you will never lose your money if you are attentive enough, i believe on you That is right. That is the reason I do not invest bitcoin in other methods to earn more bitcoin. I think it is safer to keep the bitcoin to myself.
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universe_
Sr. Member
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Activity: 448
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
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August 15, 2016, 06:41:55 PM |
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It's a good idea not to take a risk and just hold your bitcoins, becuase you will never lose your money if you are attentive enough, i believe on you with bitcoin if you hold it it is impossible to lose your money because in a longer run the bitcoin price is going to reach a new all time high
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mark coins
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August 15, 2016, 07:04:21 PM |
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It's a good idea not to take a risk and just hold your bitcoins, becuase you will never lose your money if you are attentive enough, i believe on you with bitcoin if you hold it it is impossible to lose your money because in a longer run the bitcoin price is going to reach a new all time high If you believe in holding it for a long term then you don't have to worry about your investments, as price will surely go higher in future which will help you in earning higher profits.
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richardsNY
Legendary
Offline
Activity: 1232
Merit: 1091
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August 15, 2016, 07:49:15 PM |
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It's a good idea not to take a risk and just hold your bitcoins, becuase you will never lose your money if you are attentive enough, i believe on you with bitcoin if you hold it it is impossible to lose your money because in a longer run the bitcoin price is going to reach a new all time high Saying that you will hold your coins till the price reaches a new ATH is very different from actually holding till a new ATH. I am quite sure that probably 90% will sell their coins once the price reaches the $800-$900 levels. Only a few people will be able to actually hold out till the price reaches a new ATH.
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