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Question: How long is "Long Term" to you?  (Voting closed: June 20, 2016, 07:32:52 PM)
3 months? - 3 (5.3%)
6 months? - 1 (1.8%)
A year? - 8 (14%)
2 years? - 6 (10.5%)
5 years or more? - 39 (68.4%)
Total Voters: 57

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Author Topic: LONG TERM BITCOIN BUYERS  (Read 9553 times)
serjent05
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November 01, 2016, 06:50:48 AM
 #121

why not do trading rather holding bitcoins?

Because trading involves high risk of losing especially for  newbie on crytos. So holding is the best option for a safe and succesful investment.  You can exect tons of profit if you just hold btc because as we can experiencing now on butcoin price. It is inflating to the moon. So just hold

This is a good reason, better not move anything when you do not know what are the things you need to do.  Lucky are those who decide to hold bitcoin because it is destined to increase in price.  But if it is just an ordinary asset that tends to depreciate in time, you will be at a loss holding it for a long time.

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rik3
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November 01, 2016, 08:49:41 AM
 #122

In traditional investments, long term is most often considered to be a minimum of 5 years. But bitcoin seems to live its life in hyper drive, hence the question to the bitcoin world, what is long term to the average bitcoin investor?
According to Me Long Term Is 7-10 Years But I Don't Prefer to Anyone to Invest in Bitcoin For A Long Period Because Its Just a Crypto Coin Which Will Give You Small Profits If You Invest it in For Long Term......
I Suggest You to Invest In Short Term Trading Because It is Peofitable As Compare to Long Term Trading.....

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November 02, 2016, 11:36:03 AM
 #123

long term for me is 5 years, seems like i prefer short term investment rather than long term investment, I am just afraid one day the government will banned this coin due to the illegal things that people bought using bitcoin, so i prefer to do short investing in bitcoin
We need not to worry about government restrictions on bitcoin usage. Because, bitcoin will find its own way of existing irrespect of any government regulations.

Changing your plan of holding bitcoins by anticipating government restrictions is not that much good idea, as only in long term bitcoin will give us very big benefits. Still, 5 years is not short term, still holding for decades is recommended.
It is true, even if the Governments restrict it later bitcoin will still be existing and will have it value increased and one can still retrieve his money without the government knowing if really they are serious to find a solution to that restriction. Moreover, experts predict we will get chances to 'use' bitcoins rather selling it. So, long term buyers never need to worry.
ipanks
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November 02, 2016, 11:43:46 AM
 #124

i think by long term investment it mean 1 to 2 years of duration. and from short term investment it means the investment for hours and days. some tie i do long term investment and on regular basis i do long term investment i personally like short time investment. i do a little earning from it but do it continuously.
but i think that long term investment is much more good than short term investment because i also get a big profit from long term investment and short term investment can not make a good profit so i recommend that long term investment is good .

if i have much of bitcoin, i will hold it for at least 1 into 2 years from the time of i am buying and i know it will make a big profit. but i am not yet have that much, i will only hold by half of my bitcoin and wait for a good price to sell it and not for 1 years from now on.



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Red-Apple
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November 02, 2016, 12:00:34 PM
 #125

long term for me is 5 years, seems like i prefer short term investment rather than long term investment, I am just afraid one day the government will banned this coin due to the illegal things that people bought using bitcoin, so i prefer to do short investing in bitcoin
We need not to worry about government restrictions on bitcoin usage. Because, bitcoin will find its own way of existing irrespect of any government regulations.

Changing your plan of holding bitcoins by anticipating government restrictions is not that much good idea, as only in long term bitcoin will give us very big benefits. Still, 5 years is not short term, still holding for decades is recommended.
It is true, even if the Governments restrict it later bitcoin will still be existing and will have it value increased and one can still retrieve his money without the government knowing if really they are serious to find a solution to that restriction. Moreover, experts predict we will get chances to 'use' bitcoins rather selling it. So, long term buyers never need to worry.

government banning bitcoin is different from restriction about using it and is a lot different from regulating bitcoin.

what can happen in the future is the last one "regulating bitcoin usage" and that is actually a good thing. many may consider it a restriction but if you think about it, that can eventually lead to more services and people adopting bitcoin which means bitcoin price will surely be higher than today.

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November 03, 2016, 12:41:19 PM
 #126

If you see fluctuations in bitcoin prices tend to rise each time, although fluctuating but the price tends to rise. Maybe if it can survive very well invest in bitcoin for 5 years or more. I believe bitcoin will continue to increase so it is very beneficial if we invest bitcoin.
StarofBTC
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November 03, 2016, 07:08:27 PM
 #127

If you see fluctuations in bitcoin prices tend to rise each time, although fluctuating but the price tends to rise. Maybe if it can survive very well invest in bitcoin for 5 years or more. I believe bitcoin will continue to increase so it is very beneficial if we invest bitcoin.
Basically bitcoin is here to have huge prices in long term because each halving will create double the demands. Long term bitcoin buyers are simply targeting that probably. I believe I am too a long term bitcoin buyer/investor because I am saving bitcoins to use after retirement, I take this decision after many people are suggesting about future of bitcoin price levels.
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November 04, 2016, 08:40:40 AM
 #128

If you see fluctuations in bitcoin prices tend to rise each time, although fluctuating but the price tends to rise. Maybe if it can survive very well invest in bitcoin for 5 years or more. I believe bitcoin will continue to increase so it is very beneficial if we invest bitcoin.
Basically bitcoin is here to have huge prices in long term because each halving will create double the demands. Long term bitcoin buyers are simply targeting that probably. I believe I am too a long term bitcoin buyer/investor because I am saving bitcoins to use after retirement, I take this decision after many people are suggesting about future of bitcoin price levels.
Yes maybe it was a good decision because the use bitcoin after retirement that includes very long term. It was risky, but if prices continue to rise until bitcoin for decades for sure in the end you'll get huge profit. Actually I also want to do things like you to leave some bitcoin on the wallet and keep it for a few years until retirement and then use it, but I still think of several factors. Maybe later I'll follow you if the price of bitcoin according to my own as I wanted.
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November 04, 2016, 10:15:57 AM
 #129

Basically bitcoin is here to have huge prices in long term because each halving will create double the demands.

That's not necessarily true. The block halving just makes sure there is no over-supply. Exactly that was the case just before the most recent block halving in Juli. 25BTC block rewards were too much for the market to handle. Without the block halving, the price would plummet hard. That's where the block halving comes handy. However, 50% less supply doesn't mean 100% demand increase. It just takes away the over-supply, and that's it.

I believe I am too a long term bitcoin buyer/investor because I am saving bitcoins to use after retirement

May I ask how many years you have to go before you reach your retirement date? I understand that you put a lot confidence in the future of Bitcoin, but if it's more than 20 years till your retirement date, then it's way too far stretched if you already focus on that.

I take this decision after many people are suggesting about future of bitcoin price levels.

You should do your own research instead of taking the word of "many" people for granted.
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November 05, 2016, 03:40:06 PM
 #130

Long term for me could be savings for retirement. It could be 20 years or more. Hopefully that is long enough for bitcoin to be worth enough for me to retire.

 
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skyway1
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November 05, 2016, 09:22:44 PM
 #131

i hope btc grow non stop next years... why not  Wink
Yeah bitcoin is really going to increasing its price very faster non stop and now bitcoin reach its price to 700+$ and bitcoin start to rising its price and  i hope bitcoin will be more rise up its in the nest year and bitcoin holder will be get a big profit from bitcoin in the next year.
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November 23, 2016, 10:59:49 AM
 #132

i hope btc grow non stop next years... why not  Wink
Yeah bitcoin is really going to increasing its price very faster non stop and now bitcoin reach its price to 700+$ and bitcoin start to rising its price and  i hope bitcoin will be more rise up its in the nest year and bitcoin holder will be get a big profit from bitcoin in the next year.

No doubt on it, bitcoin continuously is rising up, So it is good for all of us, and It has clear mean that do investment in it more than 1 years, Also i think bitcoin investment need time, i mean, it is time taking work, So always do investment in a long time period, When anyone start bitcoin investment than you already know which time you required in it.
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December 20, 2016, 11:17:08 AM
 #133

i hope btc grow non stop next years... why not  Wink
Yeah bitcoin is really going to increasing its price very faster non stop and now bitcoin reach its price to 700+$ and bitcoin start to rising its price and  i hope bitcoin will be more rise up its in the nest year and bitcoin holder will be get a big profit from bitcoin in the next year.

No doubt on it, bitcoin continuously is rising up, So it is good for all of us, and It has clear mean that do investment in it more than 1 years, Also i think bitcoin investment need time, i mean, it is time taking work, So always do investment in a long time period, When anyone start bitcoin investment than you already know which time you required in it.

So it is better to just hold the coin.
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December 20, 2016, 01:05:45 PM
 #134

Long term for me is 10 years, and i believe bitcoin will still survive at that point, and i believe bitcoin will become very valuable, i can see the bright future of bitcoin, I think bitcoin will be shine in the future, seeing from the bitcoin growth is a good idea to hold bitcoin as a long term investment
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December 20, 2016, 02:28:37 PM
 #135

Long term for me is 10 years, and i believe bitcoin will still survive at that point, and i believe bitcoin will become very valuable, i can see the bright future of bitcoin, I think bitcoin will be shine in the future, seeing from the bitcoin growth is a good idea to hold bitcoin as a long term investment
Choosing a long term must be based on your current age. I guess you will retire in next to 10 years or you will be having very big commitment in next 10 years (like will be starting a new business / you're planning marriage or higher education for your children).

We never need to worry about the survival of bitcoin. Because bitcoin will stay with the human for ever. It is highly recommended to buy bitcoin for long term and hopefully we are all doing the right thing as of now what we could do.
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December 21, 2016, 11:50:50 AM
 #136

In traditional investments, long term is most often considered to be a minimum of 5 years. But bitcoin seems to live its life in hyper drive, hence the question to the bitcoin world, what is long term to the average bitcoin investor?

For me the long term bitcoin investor holds his bitcoins for more than 1 year.

It depends of the  bitcoin price,not the time people are holding their bitcoins.

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December 21, 2016, 01:00:51 PM
 #137

Long term for me is 10 years, and i believe bitcoin will still survive at that point, and i believe bitcoin will become very valuable, i can see the bright future of bitcoin, I think bitcoin will be shine in the future, seeing from the bitcoin growth is a good idea to hold bitcoin as a long term investment
Choosing a long term must be based on your current age. I guess you will retire in next to 10 years or you will be having very big commitment in next 10 years (like will be starting a new business / you're planning marriage or higher education for your children).

We never need to worry about the survival of bitcoin. Because bitcoin will stay with the human for ever. It is highly recommended to buy bitcoin for long term and hopefully we are all doing the right thing as of now what we could do.
Right. We need to act for a purpose. Long term bitcoin buyers must be having some definite plans because planning for future with investments only possible if you are having a strong belief with bitcoin ecosystem. I am just saving my bitcoins with the long term plans like using them in my local stores when they start accepting (surely I will not cash out my bitcoin nor I will not use bitcoin debit cards).
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December 21, 2016, 03:48:55 PM
 #138

Long term investment is only works with big amount of the money. Because it will take a long time to rolling your money.
If it big, it's not a problem.

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December 21, 2016, 04:15:19 PM
 #139

Long term investment is only works with big amount of the money. Because it will take a long time to rolling your money.
If it big, it's not a problem.

Why is that? I don't believe only long term investments work with tons of money.
You can act the same way whenever you are small or big.

Care to explain your reasoning?
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December 21, 2016, 08:12:21 PM
 #140

Long term investment is only works with big amount of the money. Because it will take a long time to rolling your money.
If it big, it's not a problem.

Why is that? I don't believe only long term investments work with tons of money.
You can act the same way whenever you are small or big.

Care to explain your reasoning?

I'll give an example =) most banks all over the world offer higher interest rates for bigger deposits. In my country, for example, you can earn maybe 0.5% interest annually on a savings account for minimum wage, assuming you put in all your salary every month. If you are earning 2 or 3 times min wage, you get about 1% interest.

Now if you're wealthy and can put in 10x minimum wage you can earn up to 4% annually.

So, perhaps if you only have $100 you might think of a short-term investment (buying bitcoin and holding it for a few months to make 10%. But if you have $1 million you won't mind the low-risk $40,000 a year Smiley

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