Holdaaja
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Activity: 1274
Merit: 1000
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June 18, 2016, 04:40:31 PM |
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It's not worth the time for me. Holding for 1 year or more with no possibility of withdrawing the profit is as good as having no money. I invest in stock market too where we need to hold our shares for years but I also earn an interest for the same and get bonus shares. There's no possibility like this in bitcoins unless you risk your coins by lending. If you check, even currencies have gone up since 2.5 years.
How is there "no possibility of withdrawing the profit" from bitcoin You can withdraw your profits from bitcoin any time you want. Also, I am using euros and here is price of 1 euro in dollars for last 2 years. Bitcoin was better choice for sure. I'm talking about profit in terms of bitcoins and not in terms of USD/EUR. Bitcoin price increases and not the amount of bitcoins unlike shares where you get bonus shares if you hold for a long time. Oh, ok. But that sames goes for all physical investments (gold, silver, oil etc.) And if you invest in currencies like usd/eur they don't get bonus shares either. Also I don't see why it is so big deal if the investment doesn't get bigger, if the value still gets bigger. Scenario 1: invest 10 "units" and after 1 year hold you have 11 units and 5% total profit Scenario 2: invest 10 "units" and after 1 year hold you have 10 units and 5% total profit. Why is scenario 1 better?
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BTCLovingDude
Legendary
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Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
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June 18, 2016, 05:35:32 PM |
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long term holding is always a good idea which is very profitable but it is best if you can buy at the bottom as much as you can and then hold it not buying at the top and then holding. because the maximum profit can only be gained if you buy at the very bottom and your mind will be at ease too.
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--looking for signature--
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sana54210
Legendary
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Activity: 3304
Merit: 1128
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June 18, 2016, 07:50:38 PM |
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i started with holding in 2014, but the number of coins i had back then was not that much. i used the sub $300 prices in 2015 to buy myself plenty of coins in order to increase my position in bitcoin. and as you see it pays off nicely.
I too started holding my coins since 2014 and could only manage to hold 40% of my earned coins which amounted to 0.4 BTC. Unfortunately, I sold them in November 2015 and now I'm regretting as the price is almost double now. I'm still happy as bitcoins always make users go in profit and we shouldn't fear buying it at even the current price.
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erikalui
Legendary
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Activity: 2632
Merit: 1094
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June 18, 2016, 08:11:50 PM |
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Oh, ok. But that sames goes for all physical investments (gold, silver, oil etc.) And if you invest in currencies like usd/eur they don't get bonus shares either.
Also I don't see why it is so big deal if the investment doesn't get bigger, if the value still gets bigger.
Scenario 1: invest 10 "units" and after 1 year hold you have 11 units and 5% total profit Scenario 2: invest 10 "units" and after 1 year hold you have 10 units and 5% total profit.
Why is scenario 1 better?
In case of BTC, if I have 0.1 BTC now and keep holding it for next 10 years also, I'll have 0.1 BTC only and the price would change in terms of USD. While in scenario 1 as you described it, I can atleast think about selling that 1 extra share and keep holding 10 shares at 5% profit and plus I get paid a yearly bonus as well. With BTC, it's not possible as you earn no interest by holding the coins for any amount of years. You need to trade them and hence I believe in trading rather than holding.
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Altcoinmoney
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June 18, 2016, 08:57:29 PM |
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i started with holding in 2014, but the number of coins i had back then was not that much. i used the sub $300 prices in 2015 to buy myself plenty of coins in order to increase my position in bitcoin. and as you see it pays off nicely.
I too started holding my coins since 2014 and could only manage to hold 40% of my earned coins which amounted to 0.4 BTC. Unfortunately, I sold them in November 2015 and now I'm regretting as the price is almost double now. I'm still happy as bitcoins always make users go in profit and we shouldn't fear buying it at even the current price. I bought my coins in 2015 and haven't sold any one yet. I hope to see the price go higher before i decide to sell. At this moment it seems stupid to sell and hope to buy back cheaper.
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Cyaren
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June 19, 2016, 04:03:02 AM |
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i started with holding in 2014, but the number of coins i had back then was not that much. i used the sub $300 prices in 2015 to buy myself plenty of coins in order to increase my position in bitcoin. and as you see it pays off nicely.
I too started holding my coins since 2014 and could only manage to hold 40% of my earned coins which amounted to 0.4 BTC. Unfortunately, I sold them in November 2015 and now I'm regretting as the price is almost double now. I'm still happy as bitcoins always make users go in profit and we shouldn't fear buying it at even the current price. I bought my coins in 2015 and haven't sold any one yet. I hope to see the price go higher before i decide to sell. At this moment it seems stupid to sell and hope to buy back cheaper. Yeah, I think that is smart. When the price goes too high obviously you would want some sort of security and therefore sell some of your bitcoins. However, I'd buy as soon as the market crashes. Holding is one of the best things I've ever done in my life
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pooya87
Legendary
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Activity: 3598
Merit: 10918
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June 19, 2016, 04:06:41 AM |
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i got all my freelance work payment via bitcoin all these 3 years. spent very little. believed in bitcoin and was holding all these times. finally its going uppppp !!! who is holding like me since this long?
you are not alone, i have been doing the same thing for the past two years or so. i have been earning bitcoin through services and trading and have been holding 90%+ of the earning and also i have bought some bitcoin last year that price was at its lowest amount and have been holding that too. and i will continue doing this until bitcoin price is over $5000
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streazight
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June 19, 2016, 09:54:08 AM |
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i got all my freelance work payment via bitcoin all these 3 years. spent very little. believed in bitcoin and was holding all these times. finally its going uppppp !!! who is holding like me since this long?
Nice work man!! It is really hard to hold for long time because everyone not have enough money for invest for longtime but you are not one of them you just save from your everyday earnings and expenses. You just wait for your jackpot. Now you got your jackpot. Best of luck for your bitcoins.
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iv4n
Legendary
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Activity: 3290
Merit: 1183
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June 19, 2016, 10:07:01 AM |
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Congratulations! It's not easy to work 3 years, and most of earned money to put on a side. Your moment came, and I always feel glad and happy when I hear some positive story about people who earned nice money with btc. I hope you will stay in btc community, and those coins you have use to buy something. Or invest, anything to make btc grow even more, show to people how you earned your coins, show them that you can spent coins on more ways and when people see that its gonna be easier for them to join and believe in btc.
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2double0
Legendary
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Activity: 2618
Merit: 1105
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June 19, 2016, 01:46:15 PM |
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Appreciate your patience of holding it this long, as I have not held them with me for such a long time, but saving small pieces with which I can make large amounts.
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Kevin77
Legendary
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Activity: 1652
Merit: 1057
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June 19, 2016, 01:58:51 PM |
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Been holding ever since $400 price zone.
But waiting till higher prices to reach to sell obviously, once it gets to $800ish zone I`m ready to sell small amounts cause I feel the price will go down after the sell off for most will do.
The price will go down after halving. So if you have saved till now , keep your bitcoins save for another one month and you will get a lots of profits.I ,myself is not selling now even if the price reaches 1000$ now, as i know it will increase more at halving. Why would the price go down after halving? Don't you know that after halving there will be less coins generated so price is more likely to go up... It could go down after halving if there are many panic sellers and less buyers. Buyers may not buy coins feeling that the price is too high as they are currently fearing as well. I just hope what you've said about the number of coins being less makes the price atleast remain stable as we would soon see a drop then after halving.
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Holdaaja
Legendary
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Activity: 1274
Merit: 1000
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June 19, 2016, 02:07:55 PM |
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Been holding ever since $400 price zone.
But waiting till higher prices to reach to sell obviously, once it gets to $800ish zone I`m ready to sell small amounts cause I feel the price will go down after the sell off for most will do.
The price will go down after halving. So if you have saved till now , keep your bitcoins save for another one month and you will get a lots of profits.I ,myself is not selling now even if the price reaches 1000$ now, as i know it will increase more at halving. Why would the price go down after halving? Don't you know that after halving there will be less coins generated so price is more likely to go up... It could go down after halving if there are many panic sellers and less buyers. Buyers may not buy coins feeling that the price is too high as they are currently fearing as well. I just hope what you've said about the number of coins being less makes the price atleast remain stable as we would soon see a drop then after halving. After halving there will be 54 000 less coins generated every month. That is over 40 million dollars. Every month. That will leave room for some panic sell too If someone would buy bitcoins with 19 million dollars right now (from bitfinex), price would go up to 1000$ per coin.
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bitgolden
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Activity: 2954
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
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June 20, 2016, 09:40:08 AM |
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i got all my freelance work payment via bitcoin all these 3 years. spent very little. believed in bitcoin and was holding all these times. finally its going uppppp !!! who is holding like me since this long?
How many btc are you holding right now? Can you tell us? Im only holding an amount of 0.04 all of it comes from my signature campaign. Im gomna hold this for 5 more years. 32 In my Paper wallet and 12 in my Online wallet right now... Not much but thats a lot for me as i'm only 21 Now your saving will save you, you are young to have such a good profit and will now sitting on a fortune. It really pays you off. Either buy what you want or make a good small business it's up to you though.
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Affilate User
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June 20, 2016, 09:43:19 AM |
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i got all my freelance work payment via bitcoin all these 3 years. spent very little. believed in bitcoin and was holding all these times. finally its going uppppp !!! who is holding like me since this long?
How many btc are you holding right now? Can you tell us? Im only holding an amount of 0.04 all of it comes from my signature campaign. Im gomna hold this for 5 more years. 32 In my Paper wallet and 12 in my Online wallet right now... Not much but thats a lot for me as i'm only 21 Now your saving will save you, you are young to have such a good profit and will now sitting on a fortune. It really pays you off. Either buy what you want or make a good small business it's up to you though. small business with 44 bitcoin , why not making bigger business. or maybe you can buy your own house
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Ocytrem
Member
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Activity: 80
Merit: 10
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June 20, 2016, 09:43:54 AM |
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Holding is just now the best thing that you can do and that is because you have to know that the value will rise now for a long time and that is perfect for people who already have Bitcoin because they waited a long time for it. But you have to know that you are not for sure what will happen in the future and that is the risky thing of Bitcoin.
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coinplus
Legendary
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Activity: 1386
Merit: 1058
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June 20, 2016, 01:12:34 PM |
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How many bitcoins did you hold? 1 BTC was worth $340-$1000 in 2014 and hence you did it right to hold.
Jan 2014 $750 – $1000 Feb 2014 $550 – $750 Mar 2014 $450 – $700 Apr 2014 $340 – $530
However, if you got those coins when the price was $750 or more, you would need to wait longer to sell them as the price now is around $780 and it's not worth to earn only $30 profit for holding it for so many years.
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Juhagic
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June 21, 2016, 12:58:14 PM |
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How many bitcoins did you hold? 1 BTC was worth $340-$1000 in 2014 and hence you did it right to hold.
Jan 2014 $750 – $1000 Feb 2014 $550 – $750 Mar 2014 $450 – $700 Apr 2014 $340 – $530
However, if you got those coins when the price was $750 or more, you would need to wait longer to sell them as the price now is around $780 and it's not worth to earn only $30 profit for holding it for so many years.
If he continues to hold the bitcoin for the next 10 years, he will make a profit of $10,000 each bitcoin easily.
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ElpadroBitcoin
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June 21, 2016, 01:45:42 PM |
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Lol you are the kind of peole i hate because how can you hold yuour coins just for 2.5 year and dont do anything with it this is why i hate that people what if we all hold your price wont incereease.
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Holdaaja
Legendary
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Activity: 1274
Merit: 1000
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June 21, 2016, 01:48:14 PM |
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Lol you are the kind of peole i hate because how can you hold yuour coins just for 2.5 year and dont do anything with it this is why i hate that people what if we all hold your price wont incereease.
If everyone would hold price would be a lot higher than it is now. Because holding does not exclude buying.
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FabioDelcatto
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June 21, 2016, 02:11:41 PM |
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i got all my freelance work payment via bitcoin all these 3 years. spent very little. believed in bitcoin and was holding all these times. finally its going uppppp !!! who is holding like me since this long?
How many btc are you holding right now? Can you tell us? Im only holding an amount of 0.04 all of it comes from my signature campaign. Im gomna hold this for 5 more years. 32 In my Paper wallet and 12 in my Online wallet right now... Not much but thats a lot for me as i'm only 21 These people i hate the most becausse why should we all not save bitcoins becasue the price wont change anything if we all hodl the bitcoins so you are proud of it wouww....
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