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Author Topic: Are You Holding On To Your Bitcoin?  (Read 11763 times)
iamTom123
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June 03, 2017, 08:33:51 AM
 #1

I would assume that all of us here are 100% sure that Bitcoin is rising in value and the recent correction many days ago is just a temporary setback and in fact Bitcoin is now again rising in price albeit a more timid way.

With this scenario in mind, majority of Bitcoin holders are not spending their Bitcoin but holding them just like a precious gold somewhere in the cyberspace.  The mantra seems to be HOLD HOLD HODL HODL and I am seeing it everywhere in Facebook, forums, group chats and even in cafeterias worldwide.

Together with the increasing demand coming from Japan, et. al., this in turn is helping  push the Bitcoin upwards and once the scaling problem can be solved by August we are expecting that Bitcoin can jumping with joy and a resurgence like we have never seen before.

Just hold them and never be tempted to sell or you would later on regret as if 50% of you died digitally.

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June 03, 2017, 08:40:33 AM
 #2

Seems to me like you're a bit more interested in selling it for "Footballcoin"...

Quote from: iamtom123
I would assume that all of us here are 100% sure that Bitcoin is rising in value
Not really subjective, is it?

"Bitcoin is rising in value"
"Nah m8, it just fell to $800 clearly can't you read?"  Grin

The correction wasn't actually a setback anyway, it was a good thing because it makes a price of >$2000 look somewhat sane now.

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June 03, 2017, 08:48:20 AM
 #3

Majority is really holding for the big increase no doubt about it but as of now the price is $2490 dollar and right now no further movement has been seen a couple of days from now so I think there is a hesitation for some if they can really hold on to bit that is why we have seen back on the month of MAY that bitcoin have drop it's price to $1900 because of so many fearful people that sell their bitcoins, and sure holding was the idea from the start if you really want to profit big and just be patient to the movement of bitcoin. 














 

 

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June 03, 2017, 09:43:22 AM
 #4

I am splitting my bitcoin holdings one part for needs and other part is future investment . For me I can use half of my current holding when the actual  need for money and other half I will keep for future so that I don't regret in oth cases if price goes up and down I will be satisfied
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June 03, 2017, 10:09:36 AM
 #5

Until my rigs have broken even I convert 75% to fiat and hold the other 25% then once they are in profit I'll probably hold more like 75 and convert out 25 I think
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June 03, 2017, 10:45:16 AM
 #6

I think this will be increasingly bitcoin up again towards $5000 2 years later. with so many projects are popping up now and competing technologies developed per project and in the presence of added issues virus Ransomware that indirectly promote bitcoin to different countries .

bitcoin has become a gleaming gold
don't panic and always be patient, 3 years into the future will be a lot of people who own luxury homes by storing their bitcoin


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June 03, 2017, 10:47:56 AM
 #7

holding bitcoin is very difficult it is based on my experience when bitcoin is at peak before dump. I think by continuing to hold bitcoin would be more profitable and after the dump on bitcoin I feel bad. I hold bitcoin when the price is stable and sell it if there is a fast pump and I just invest bitcoin into ico.

          
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June 03, 2017, 10:52:46 AM
 #8

I'm basically hedging my bets by selling a large portion of my coins for fiat and other investments whilst still holding a portion of my bitcoin position so that when another pump happens or comes by I'm not caught off guard without any coin that I can dump quickly.

I believe that diversification is the key to investment success. If you don't diversify then you are going to be prone to wild markets, etc. Simply saying hold hold hold isnt wise. Bitcoin isnt guaranteed to go up. It always seems like it's going up when it's a bull market, and always seems to be going down in a bear market. This is trading.


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June 03, 2017, 11:03:33 AM
 #9

I don't even have a single coin to my name! Sucks getting late to the party that I can't afford to buy much. Still, I'm quite prudent with it. I have some in store that I swore never to spend, which would be the savings. I have some in an exchange to make money as well. I'm not sure about selling some now though. I've seen people write that they cash out 20% of their bitcoin regularly and keep it in hand for buying should the price drop.
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June 03, 2017, 11:05:25 AM
 #10

Until my rigs have broken even I convert 75% to fiat and hold the other 25% then once they are in profit I'll probably hold more like 75 and convert out 25 I think

Holding on coins is always good option. Its specially good when its about crypto coins but in this case its alpha of coins i.e. bitcoins.
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June 03, 2017, 11:09:58 AM
 #11

Until my rigs have broken even I convert 75% to fiat and hold the other 25% then once they are in profit I'll probably hold more like 75 and convert out 25 I think

Holding on coins is always good option. Its specially good when its about crypto coins but in this case its alpha of coins i.e. bitcoins.
Agree, holding is great option to make a profit in bitcoin, that is why i have a 80% of my bitcoin always kept in my wallet as my investment and the 10% is i always invested in trading for other coin and 10% is for my unwanted expenses.
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June 03, 2017, 11:21:00 AM
 #12

Holding is actually a good form of investment. I am currently holding 75% of my coins and using the rest to trade/buy/sell alts. Bitcoin does have a potential but we never know whats going to happen in the future.


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June 03, 2017, 11:25:49 AM
 #13

Holding is actually a good form of investment. I am currently holding 75% of my coins and using the rest to trade/buy/sell alts. Bitcoin does have a potential but we never know whats going to happen in the future.
I only hold my 50% of my bitcoin in my wallet and the 50% was invested in trading and other things that i would be happy and entertained.
I keep to hold bitcoin because i know that i could get high profit if i have bitcoin in the future.
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June 03, 2017, 12:16:08 PM
 #14

just HODLing is never good. i am not just in bitcoin for getting some more fiat! of course when i buy bitcoin i am obviously getting a lot of profit but i prefer taking my profit out even if it means taking $50 out of the profit each month Smiley
and taking it out for me, means spending it. i try to find the things that i normally buy and this time try to buy it directly with bitcoin. that way i am cutting the fees in the middle for converting bitcoin to fiat and then spending fiat, and also helping the bitcoin economy move forward.














 

 

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June 03, 2017, 05:03:59 PM
 #15

I only hold less than 1 bitcoin. I am trying to collect other cryptos as many as I can because they have the bright future than Bitcoin. They will soon x10 and go to the moon

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June 03, 2017, 05:05:45 PM
 #16

just HODLing is never good. i am not just in bitcoin for getting some more fiat! of course when i buy bitcoin i am obviously getting a lot of profit but i prefer taking my profit out even if it means taking $50 out of the profit each month Smiley
and taking it out for me, means spending it. i try to find the things that i normally buy and this time try to buy it directly with bitcoin. that way i am cutting the fees in the middle for converting bitcoin to fiat and then spending fiat, and also helping the bitcoin economy move forward.

Until now holding always gave guaranteed returns, and big ones. Why would be different now?

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June 03, 2017, 05:12:37 PM
 #17

I would assume that all of us here are 100% sure that Bitcoin is rising in value and the recent correction many days ago is just a temporary setback and in fact Bitcoin is now again rising in price albeit a more timid way.

With this scenario in mind, majority of Bitcoin holders are not spending their Bitcoin but holding them just like a precious gold somewhere in the cyberspace.  The mantra seems to be HOLD HOLD HODL HODL and I am seeing it everywhere in Facebook, forums, group chats and even in cafeterias worldwide.

Together with the increasing demand coming from Japan, et. al., this in turn is helping  push the Bitcoin upwards and once the scaling problem can be solved by August we are expecting that Bitcoin can jumping with joy and a resurgence like we have never seen before.

Just hold them and never be tempted to sell or you would later on regret as if 50% of you died digitally.



Prior to that increase demand and the event that will happen in August, bitcoin users are really into holding their bitcoin since then. I entered bitcoin world when the bitcoin price was around $200 and that day, I have already seen many users saying JUST HODL BITCOIN. And the result is clear if we look into now. If applied today, it's 100% reasonable to just HODL bitcoin since we can speculate what will be the future of this currency. Positive speculation to the extent that we didn't expect it will happened.

And now that we are expecting more surprises to come that can boost more the bitcoin price, no other thing to do but to acquire more bitcoins and do the hodling system.
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June 03, 2017, 05:12:59 PM
 #18

I don't hold much because currenty I'm in the situation that I need funds and have to spend the coins. But as soon as this situation finish I will try to save some larger amount. But I don't think that Bitcoins should only be held, it's good that they circulate and that they are used for different purposes. That helps the addoption and implementation of Bitcoin in real world.

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CROYA86
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June 03, 2017, 05:23:30 PM
 #19

I would assume that all of us here are 100% sure that Bitcoin is rising in value and the recent correction many days ago is just a temporary setback and in fact Bitcoin is now again rising in price albeit a more timid way.

With this scenario in mind, majority of Bitcoin holders are not spending their Bitcoin but holding them just like a precious gold somewhere in the cyberspace.  The mantra seems to be HOLD HOLD HODL HODL and I am seeing it everywhere in Facebook, forums, group chats and even in cafeterias worldwide.

Together with the increasing demand coming from Japan, et. al., this in turn is helping  push the Bitcoin upwards and once the scaling problem can be solved by August we are expecting that Bitcoin can jumping with joy and a resurgence like we have never seen before.

Just hold them and never be tempted to sell or you would later on regret as if 50% of you died digitally.



Until now I still hold my bitcoin, because I think now is the right time to make, supplying supplying and entering, we may sell our bitcoin just for our purposes only the rest saved for future savings
TrumpD
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June 03, 2017, 05:23:45 PM
 #20

Yes, I'll be holding my bitcoin for the foreseeable future,  unless something drastic happens, I don't see or feel the need to sell. I have all my eggs in the bitcoin basket. It is either win or lose for me, it feels like a gamble though.
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