BitHodler (OP)
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January 24, 2016, 03:28:19 PM |
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I hear people talking about holding Bitcoin as long term investment and such, but what is long term for you?
I personally find long term to be at least 2 years where I hold my coins without touching them.
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Amph
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January 24, 2016, 03:45:00 PM |
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for me it's 2030, which match the prediction of satoshi for the final outcome of bitcoin, medium term instead is 2020, the other halving after this one
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SnokkomBTC
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January 24, 2016, 03:48:23 PM |
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Long term(personally): 10 years Bitcoin: Hopefully my whole live
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Sometimes, if it looks too bearish, it's actually bullish
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oblomov
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January 24, 2016, 04:36:40 PM |
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"Long-term" has no objective definition, which is why we have a market.
Every holder has a different investment time frame and risk tolerance.
My time frame is 7-10 years. I have a high risk tolerance since my initial BTC investment is about 3% of assets.
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Junko
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January 24, 2016, 04:47:14 PM |
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When my great grandchildren retire.
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gentlemand
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Welt Am Draht
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January 24, 2016, 05:18:48 PM |
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I'll see what's what around 2020. I think we'll start to have a firm idea as to whether it's going to fly or not by that point. There's no way I'd forget about it for 20 or more years. It could easily be a footnote in history by then. It requires monitoring.
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Nahl
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January 24, 2016, 06:18:00 PM |
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if i want for long term hold i personally will hold my bitcoin in the next 5 years with my predictions bitcoin price will reach more than $1000
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var53
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January 24, 2016, 06:22:08 PM Last edit: February 11, 2016, 04:32:16 PM by var53 |
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I think of a long term investment as until the next ATH if it goes high enough. Most holders might be tempted to sell then even if they began intending to hold for decades. They might save a little of their stack for holding, but the temptation to sell will be too much for most.
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JavaLove
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January 24, 2016, 06:23:41 PM |
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For me a long term investment is something that will go through a lot of stress and instability but, in the end, returns with a big positive.
Therefore, a long term investment in bitcoin is not purchasing a few and selling them in a month to make a little profit - or because I am scared of future market prices.
A long term investment is keeping the bitcoin for 10 even 20 years and selling them then to make sure I earn enough profit.
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Zenmaru
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January 24, 2016, 06:32:39 PM |
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It depends on the investment. If I think in that the webs HYIP like some fakes mining services in the cloud you can consider that a year is a long term investment because almost none keep more than a few months. If your investment is not a ponzi then 3 years can be a long term (at least for me).
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richardsNY
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January 24, 2016, 06:44:30 PM |
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I think 4 or 5 years is what I see as a real long term investment. Everything below that is considered to be mid term and I find 1 year even to be relatively short term.
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newcoins1978
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January 24, 2016, 07:15:49 PM |
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3-5 years for currencies and stocks When you buy real estate and property make it 15-20 years at least For altcoins, 1 year is a lot of time.
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Gloober
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January 24, 2016, 08:09:18 PM |
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I am holding for at least 10 years, it also kind of depends on how much bitcoin will grow and how fast. I would say holding bitcoin between 5 - 10 years is a long term.
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NorrisK
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January 24, 2016, 08:13:33 PM |
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Long term investments are 5-10 years for me at the moment.
The next step is retirement investments, which as you may have guessed are investments I plan to keep until my retirement or to bridge a gap in case I don't have a job in those years before retirement.
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romero121
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January 24, 2016, 08:20:02 PM |
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if i want for long term hold i personally will hold my bitcoin in the next 5 years with my predictions bitcoin price will reach more than $1000
Long term investment doesn't mean large number of years. You need to hold it atleast for a year. In one years time if you feel that to be a great profitable, then you should collect the earned profit and make shor term investments
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Wexlike
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January 24, 2016, 08:22:37 PM |
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I think 2017 will be a very interesting year for bitcoin. 1 year after the next halving, there is quite enough of room for a new bubble. Thus it means, my longterm investment is till spring 2017.
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1Referee
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January 24, 2016, 10:26:17 PM |
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For me it's like 1 year as the absolute minimum and everything that tops 2 years of firmly holding is the real long term Bitcoin investment.
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YoonYeonghwa
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January 24, 2016, 11:29:21 PM |
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Long term for me is at least 20 years. 2 years is definitely long term. That is way too short. Maybe even 10 years.
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Meuh6879
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January 24, 2016, 11:30:23 PM |
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short term = 1-3 years. long term = 5-15 years.
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AliceWonderMiscreations
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January 24, 2016, 11:38:15 PM |
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For me long term is 10 years.
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I hereby reserve the right to sometimes be wrong
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MatTheCat
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January 24, 2016, 11:40:57 PM |
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I hear people talking about holding Bitcoin as long term investment and such, but what is long term for you?
I personally find long term to be at least 2 years where I hold my coins without touching them.
It can be seen as a 'long term' investment, in terms of not getting too freaked out by the massive price swings, as the whales ramp and dump the market, depriving all the little guys of their hard earned wealth.... But on the grander scale of things, Bitcoin is a fucking Gravy Train asset and nothing more. When this shit hits the fan, and I believe it will, be ready to dump it for big profit, like the worthless fkn vapour that it is...which is controlled by Chinese Scamsters by now anyways.
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Anastasios
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January 24, 2016, 11:49:22 PM |
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Two reward halvings, so minimum 4 years.
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Meuh6879
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January 24, 2016, 11:59:43 PM |
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Two reward halvings, so minimum 4 years.
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gkv9
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January 30, 2016, 10:49:25 PM |
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Nothing below 5 years is long term to me, as 5 years is an average, and you can call anything above that to be a very long-term investment...
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n2004al
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January 31, 2016, 10:08:25 AM |
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I hear people talking about holding Bitcoin as long term investment and such, but what is long term for you?
I personally find long term to be at least 2 years where I hold my coins without touching them.
Everything in this world is told referring to something or some situation. So for a butterfly (I don't know if it is for all but for some it is exactly so) one day is the longest time possible. While for a baobab (tree) who live more than 1 000 years the long term mean 1 000 years. What i am telling these examples? First because everyone might have different conception about the long term with bitcoin. So cannot be found which must be the real and the right one (if needed to do so). Second, this long term may change in time for various reasons. Someone can name long term the time when bitcoin will achieve 5 000 us dollar. If this amount is arrived in one month its long time in this case is only one month. But can happen even that this amount cannot be achieved for 50 years. In this case the long term may be an eternity because this person can be dead since that 50-in year. Me for example had a fixed long term about bitcoin (15-20 years) since some weeks ago. Now with the bitcoin classic have no long term more because I am confused and see trouble on what I must believe. Which is the right bitcoin? Which will survive? Which will have more value? And for sure there would be a more time for my long term time. The spread will be much more slow now. There will be two bitcoins and everyone of that will have its followers. Which are the same of the only bitcoin existed before. Only halved between the two bitcoins. We were happy when remembered this word before. Because was waited an increase of price. While now I don't know even which bitcoin will have the halving.
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SFR10
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January 31, 2016, 01:18:09 PM |
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Long term would be something between 5 to 10 years of range normally, just like how you get long term interest when you leave your money to stay untouched in the bank, you never see anything offered as interest below 5 years therefore anything more than it, is considered a long term investment on my book.
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BitMaxz
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Block halving is coming.
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January 31, 2016, 02:38:11 PM |
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Well for me half a year if the price increase above 500 i will exchange it into fiat wait again for cheap bitcoin price until halving ends.. But if the bitcoin has 100% potencial that the price will rise above 1000 usd but i think for know there is no sign that the price will rise above $1000.
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takingthis4
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January 31, 2016, 05:57:48 PM |
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for me a long term investment means that i could now put in about a thousand dollars and after ten years take out 100 thousand dollars
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Biodom
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January 31, 2016, 06:30:16 PM |
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for me a long term investment means that i could now put in about a thousand dollars and after ten years take out 100 thousand dollars
most people cannot make long term liquid investments and sell pretty much at breakeven. real estate is different because people know that it is typically better to wait as long as possible before selling (if ever). personally, I can never wait above 10X profit on a stock trade.
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2Pac
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January 31, 2016, 06:34:19 PM |
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I hear people talking about holding Bitcoin as long term investment and such, but what is long term for you?
I personally find long term to be at least 2 years where I hold my coins without touching them. Short term is 1-2 years. Medium term is 2-5 years and long term is at least 5 years, usually used for 10+ years.
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The Sceptical Chymist
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January 31, 2016, 07:00:18 PM |
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With stocks I consider 10-20 years long term, though some people would definitely disagree with that. I'm not sure about bitcoin and where I stand with it and how I feel about its future. There is a definite possibility it won't even exist in 20 years, so I'm not necessarily thinking long term with it.
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Racey
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January 31, 2016, 07:05:51 PM |
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My long term is life, I keep it for my family.
Keys and passwords are in safe keeping.
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And its gone.
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darkangel11
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January 31, 2016, 08:10:14 PM |
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My long term is life, I keep it for my family.
Keys and passwords are in safe keeping.
Life? When will be the time to sell, after your death? What is all this coin worth if you never see it turn into actual wealth and die hoping others will?
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bearex
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January 31, 2016, 08:44:34 PM |
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For me it depends on the price:D But long term is for me, like 5 years.
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chokesir
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January 31, 2016, 09:07:28 PM |
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For bitcoin 3 months is very long. For stocks 3 years is quite long. So it depends on the time.
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Racey
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January 31, 2016, 09:09:44 PM |
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My long term is life, I keep it for my family.
Keys and passwords are in safe keeping.
Life? When will be the time to sell, after your death? What is all this coin worth if you never see it turn into actual wealth and die hoping others will? I do not care about any wealth, as I have had nothing all my life so I used to that. If I pass it on to my son, maybe he can benefit from it. I dont have much btc at the moment you could spend it in one go its almost 570.557 USD ( 396.8756 GBP)not worth much these days, but I strive to get more.
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And its gone.
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richardsNY
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January 31, 2016, 09:11:59 PM |
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For bitcoin 3 months is very long. For stocks 3 years is quite long. So it depends on the time.
3 months is nothing for a serious Bitcoin holder. For people who are chasing quick profits 3 months can be seen as very long. Even 1 month is long for them. I don't count these people as Bitcoin holders.
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coinplus
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February 01, 2016, 04:50:48 AM |
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For bitcoin 3 months is very long. For stocks 3 years is quite long. So it depends on the time.
3 months is nothing for a serious Bitcoin holder. For people who are chasing quick profits 3 months can be seen as very long. Even 1 month is long for them. I don't count these people as Bitcoin holders. When you are talking about a long term investment, 3 month isn't something to consider about at all. For a persistent bitcoin holder, he wouldn't even consider 3 months has a period with which he can make his withdrawal. He would prefer to hold bitcoins for a long period and hope that the price of bitcoin rises so that he could make more profit. For bitcoins, i think if there is consistency in profit and it comes at the right times too, anytime is not too long.
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RyNinDaCleM
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February 01, 2016, 05:16:14 AM |
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For bitcoin 3 months is very long. For stocks 3 years is quite long. So it depends on the time.
3 months is nothing for a serious Bitcoin holder. For people who are chasing quick profits 3 months can be seen as very long. Even 1 month is long for them. I don't count these people as Bitcoin holders. Heh, 90% of the time, a week is far too long for my trading account. It's a different story for my cold storage, but those are essentially free so they will be in profit as long as someone is willing to pay any amount for them. As such, They can sit, basically forgotten about for a long ass time. Probably 5 digits somewhere. I haven't decided on my "Good enough" price yet
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Swordsoffreedom
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February 01, 2016, 05:16:57 AM |
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I hear people talking about holding Bitcoin as long term investment and such, but what is long term for you?
I personally find long term to be at least 2 years where I hold my coins without touching them.
Periods under 3 months are short term investments 3 months to 1 year is a mid length investment Over 1 year is a fairly long term investment 3 years + Example holding on to oil stocks until the economy picks up again and those shares start rallying is a long term investment. Bitcoin anything over a week is a long term investment if your trading lol.
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gregyoung14
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February 01, 2016, 12:12:14 PM |
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I hear people talking about holding Bitcoin as long term investment and such, but what is long term for you?
I personally find long term to be at least 2 years where I hold my coins without touching them.
Periods under 3 months are short term investments 3 months to 1 year is a mid length investment Over 1 year is a fairly long term investment 3 years + Example holding on to oil stocks until the economy picks up again and those shares start rallying is a long term investment. Bitcoin anything over a week is a long term investment if your trading lol. Yea i have to say that's the idea of it all. Diversify your investments. You can't have all of them in one place..
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Coogan
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February 01, 2016, 12:32:56 PM |
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Personally I consider it a few years. 3-5 years is what I plan to hold for. I think bitcoin does have a very good chance of becoming a very big payment network as an alternative to the mainstream but if so this is going to take time so I think it's worth holding. I think another economic collapse will probably happen in the same time frame so it will be interesting to see what effect that has on bitcoin.
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Herbert2020
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February 01, 2016, 01:26:08 PM |
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when it comes to bitcoin, long term for becomes a little complicated for me. i am considering holding my bitcoin for more than 10-15 years but at the same time if the price goes to all time high the chances of me breaking this rule of mine is high, in other words it might become less than a year!
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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phreaky
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February 01, 2016, 04:08:03 PM |
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For me the term is most likely for 10 years, sometimes I hear people say its about 5 years but I think that's to short. Its named long term for a reason so I think its 10 years or more.
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richardsNY
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February 01, 2016, 07:07:42 PM |
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when it comes to bitcoin, long term for becomes a little complicated for me. i am considering holding my bitcoin for more than 10-15 years but at the same time if the price goes to all time high the chances of me breaking this rule of mine is high, in other words it might become less than a year!
I think most of the people who are saying that they will not sell any of their coins the comming years will definitely do so when they see the price reach a new high this year. I think I will also sell a certain percentage just to take profit. The majority of my coins will be kept offline till 3 to 5 years from now.
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gentlemand
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February 01, 2016, 07:11:48 PM |
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I think most of the people who are saying that they will not sell any of their coins the comming years will definitely do so when they see the price reach a new high this year. I think I will also sell a certain percentage just to take profit. The majority of my coins will be kept offline till 3 to 5 years from now.
I think much depends on when they were bought. If you got in at the start of last year sub $200 then you may as well reap some benefits. There are plenty more who are probably still in the red and have decided to sit out the extreme long haul if they've survived this long. If there was a new ATH I doubt I'd do anything other than enjoy it.
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600watt
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February 01, 2016, 09:19:58 PM |
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For bitcoin 3 months is very long. For stocks 3 years is quite long. So it depends on the time.
3 months is nothing for a serious Bitcoin holder. For people who are chasing quick profits 3 months can be seen as very long. Even 1 month is long for them. I don't count these people as Bitcoin holders. Heh, 90% of the time, a week is far too long for my trading account. It's a different story for my cold storage, but those are essentially free so they will be in profit as long as someone is willing to pay any amount for them. As such, They can sit, basically forgotten about for a long ass time. Probably 5 digits somewhere. I haven't decided on my "Good enough" price yet you hold a 5 digit btc stash being bearish? in what kind of area will the "good-enough" price be? $ 2k ? or much higher/lower? (if you mind telling)
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RyNinDaCleM
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February 01, 2016, 10:57:13 PM |
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For bitcoin 3 months is very long. For stocks 3 years is quite long. So it depends on the time.
3 months is nothing for a serious Bitcoin holder. For people who are chasing quick profits 3 months can be seen as very long. Even 1 month is long for them. I don't count these people as Bitcoin holders. Heh, 90% of the time, a week is far too long for my trading account. It's a different story for my cold storage, but those are essentially free so they will be in profit as long as someone is willing to pay any amount for them. As such, They can sit, basically forgotten about for a long ass time. Probably 5 digits somewhere. I haven't decided on my "Good enough" price yet you hold a 5 digit btc stash being bearish? in what kind of area will the "good-enough" price be? $ 2k ? or much higher/lower? (if you mind telling) Likely a punctuation fail on my part... Cold storage isn't quite 5 digits yet. I meant a 5 digit price will be a good enough time but I haven't decided where between 10k and 99.9k
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y8tvkid
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February 02, 2016, 12:17:46 AM |
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when it comes to bitcoin, long term for becomes a little complicated for me. i am considering holding my bitcoin for more than 10-15 years but at the same time if the price goes to all time high the chances of me breaking this rule of mine is high, in other words it might become less than a year!
I think most of the people who are saying that they will not sell any of their coins the comming years will definitely do so when they see the price reach a new high this year. I think I will also sell a certain percentage just to take profit. The majority of my coins will be kept offline till 3 to 5 years from now. That's the right thing to do, never sell all your bitcoins as we never know what would be the price of bitcoins in future, and I am very much sure that if the value of btc reaches $1k then everyone of us will sell atleast a part of bitcoins as everyone wants make some profit out of it.
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600watt
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February 02, 2016, 10:50:14 AM |
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For bitcoin 3 months is very long. For stocks 3 years is quite long. So it depends on the time.
3 months is nothing for a serious Bitcoin holder. For people who are chasing quick profits 3 months can be seen as very long. Even 1 month is long for them. I don't count these people as Bitcoin holders. Heh, 90% of the time, a week is far too long for my trading account. It's a different story for my cold storage, but those are essentially free so they will be in profit as long as someone is willing to pay any amount for them. As such, They can sit, basically forgotten about for a long ass time. Probably 5 digits somewhere. I haven't decided on my "Good enough" price yet you hold a 5 digit btc stash being bearish? in what kind of area will the "good-enough" price be? $ 2k ? or much higher/lower? (if you mind telling) Likely a punctuation fail on my part... Cold storage isn't quite 5 digits yet. I meant a 5 digit price will be a good enough time but I haven't decided where between 10k and 99.9k i took my pocket calculator and played around with figures concerning my cold storage and decided that i am with you on this one. somewhere in that range.
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italianobitcoin
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February 03, 2016, 09:39:28 AM |
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I consider something i could use my whole life as a long term investment.
A house as example.
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BitHodler (OP)
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February 03, 2016, 11:36:08 AM |
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I consider something i could use my whole life as a long term investment.
A house as example.
I was more talking about Bitcoin as investment but a house is most definitely what I consider to be a long term investment.
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BSV is not the real Bcash. Bcash is the real Bcash.
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randy8777
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February 03, 2016, 01:30:17 PM |
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I consider something i could use my whole life as a long term investment.
A house as example.
I was more talking about Bitcoin as investment but a house is most definitely what I consider to be a long term investment. is it still considered an investment if you plan to live in the house you bought for your entire life? i consider an investment to be something that you plan to sell at a later point for a profit.
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BitcoinHodler
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February 03, 2016, 02:58:15 PM |
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since i am a bitcoin hodler , long term is about 10 years for me.
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Holding Bitcoin More Every Day
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HostSurf
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February 03, 2016, 03:45:02 PM |
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A long term investment would be something i will get profit from for years . Something I would be getting profit from for the next 15-20 years.
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Pollak
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Pollak
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February 03, 2016, 03:57:51 PM |
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If you do a long term investment, I am talking about 10 years. Its the best way to invest in long term because the bitcoin will rise in his years.
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LuckyYOU
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February 03, 2016, 04:10:13 PM |
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If you do a long term investment its mostly 10 years. Also long term investments are pretty nice to have. The bitcoin will rise to a high price so that's a plus point for your bitcoins on long term.
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rtrtcrypto
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February 03, 2016, 04:14:35 PM |
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In stages:
2020
2030
Perpetual Hold
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maokoto
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February 03, 2016, 04:20:22 PM |
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For me, anything that is more than 1 year is long time investment. It can be long, or longer, but yet 1 year seems like a good time in crypto world. Medium time would be months, short time weeks/days.
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BellaBitBit
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February 03, 2016, 05:02:30 PM |
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Long term for me is 5-10 years and it is going to be difficult during those years to watch upward movement and not be able to sell and take profits because you want to hang on to the coin. That is what is hard with bitcoin is that if you take profit you loose the coin.
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I love Bitcoin
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mrflibblehat
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February 03, 2016, 05:47:58 PM |
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It depends if you keep your bitcoins or if you invest them in another commodity and then wait for it to grow in value. Sometimes it's smart to invest in different things, not to just hope that bitcoin will increase.
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LFC_Bitcoin
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February 03, 2016, 07:19:23 PM |
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I hear people talking about holding Bitcoin as long term investment and such, but what is long term for you?
I personally find long term to be at least 2 years where I hold my coins without touching them.
I'm planning to HODL for 5 years upwards, possibly 10 but I guess it all depends on what happens with the price. It's difficult to imagine what the 'get out' price is.
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dothebeats
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February 04, 2016, 05:01:15 PM |
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Serious long-term investment for me would be housing and hectares of land (at least here in my country.) The scene has been booming recently with real estate developers buying lands near commercialized areas. As for bitcoin, I'm planning to hold to them for the next 5-8 years max. It's been doing good for me, even with the recent price drops.
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mrflibblehat
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February 04, 2016, 08:44:44 PM |
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Serious long-term investment for me would be housing and hectares of land (at least here in my country.) The scene has been booming recently with real estate developers buying lands near commercialized areas. As for bitcoin, I'm planning to hold to them for the next 5-8 years max. It's been doing good for me, even with the recent price drops. I'd be curious to know where you live. And yes, I agree. Land is always a good investment. There will never be more than it already is.
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rekinthis
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March 12, 2016, 08:57:14 PM |
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I hear people talking about holding Bitcoin as long term investment and such, but what is long term for you?
I personally find long term to be at least 2 years where I hold my coins without touching them.
for me, long term investment is year and more, like 3 years sometimes 4, some people holds bitcoins for month or two and already says "i'm going long", and sells bitcoins after first small price rise after month, funny to see how people misunderstands these terms
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jt byte
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March 12, 2016, 09:35:57 PM |
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Long term is around 2-5 years. Depending on the asset you are investing in. For bitcoin 2 years is a long time. For stocks 4 years is a good time to consider selling or re-buying. In the end it really depends on the asset.
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romero121
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March 13, 2016, 05:48:03 AM |
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If the investment is made through bitcoin, then even 1 year will be considered a long term investment. In a year itself good profit can be earned.
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martinacar
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March 13, 2016, 05:41:21 PM |
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Long term is around 2-5 years. Depending on the asset you are investing in. For bitcoin 2 years is a long time. For stocks 4 years is a good time to consider selling or re-buying. In the end it really depends on the asset.
In the world of bitcoin the time is different indeed. For me even 1 year is very long when it comes to bitcoin, simply because a lot of things can happen in 1 year. However i consider a normal period of 5 years long term.
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newcoins1978
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March 13, 2016, 11:30:41 PM |
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A long term period is very long for me if I'm honest, if you choose for a long term investment, you will go for 8 years or more in my opinion. Its maybe long but a long term investment has to be long to make a lot of profit right ? As a example you can see it with gold if you long term invest in it.
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Yakamoto
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March 13, 2016, 11:57:56 PM |
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I would say that a long-term investment is any investment that goes up to a specific point (or is at least predicted to go up to a specific point) over the course of 5 years or longer. Mid-term would be 1-5 years, and a short-term investment would be under 1 year.
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twister
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March 14, 2016, 02:19:49 PM |
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I hear people talking about holding Bitcoin as long term investment and such, but what is long term for you?
I personally find long term to be at least 2 years where I hold my coins without touching them.
Periods under 3 months are short term investments 3 months to 1 year is a mid length investment Over 1 year is a fairly long term investment 3 years + Example holding on to oil stocks until the economy picks up again and those shares start rallying is a long term investment. Bitcoin anything over a week is a long term investment if your trading lol. I somewhat agree, to me a year of holding bitcoins or anything else is a long term but maybe that's because I don't have too much to put aside, therefore I can't keep something away for a long time. I guess its different for different individuals, what one may consider to be short term, it may not be the same for someone else.
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