Are You Holding On To Your Bitcoin?

[Kotone]

I believe in holding my bitcoins but when I am in need of money without thinking much I sell my bitcoins as I know that even if I sell them now I have an opportunity to earn it back so its not a really very big deal for me.

yes, hold it as much as you can, patience is a virtue right? just think of the future not only what is happening now. bitcoin itself is a good investment, so when you hold your coins now, there will be a big chance that your bitcoin might be a millions of $ in the future, see? holding bitcoin is tiring and boring sometimes because we are being tempted but im sure its worth it.

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[Rostadom]

I am holding on to my bitcoins. Looking back, people from the past that has held their coin until now are already swimming in bed made of cash. All those financial success didn't come knocking to their door one day. They also had to wait and they had to control themselves not to sell any of those bitcoins. Now, they are enjoying all the profit that they have made. I believe that we too can experience such thing if we're going to hold long enough.

My technique is to not cash out unless you actually need some money. There's no point selling your bitcoins just because you wanted to or just because you had the urge to do so.

[batang_bitcoin]

I keep the bitcoins and I hope that in the future I will get a very big profit from them. I do not exclude that sometimes the price falls, but in the end there will be a good profit.

Trust bitcoin and with what you think that bitcoin will give you big profit in the future it will happen. It's why I keep on holding my bitcoins because there's a lot of people investing and even new comers are liking the way bitcoin's price move.

Yeah having faith in bitcoins is very important as an investor you need to have faith in the investment you make and the same faith of all the users will make bitcoin more stronger and powerful currency in future.

Yes be strong and why you did started to enter bitcoin? Because you know and believe that there will be something good to happen on it in the future. And we already seen on how bitcoin is fast growing so there's no need for us to doubt on it. I will try to sell some if there will be something to spend for but mostly I'll hold.

[savioroshan]

Definitely I will be holding my bitcoins. Erik Voorhees predicted that after 4 years the price of bitcoin would be $10000 dollars. I already made a mistake by not holding bitcoins when its price was very low. Infact I didnt even think that the price of bitcoins will rise like this.Not only bitcoins, it will be better if you can hold  the digital currencies like ether,monero etc, because everyday along with bitcoins their price are also increasing.

[South Park]

I have around 0.3 or so and I'm still holding it, I got it before a long while at $100 for it so already made a relatively good profit, but I'm not looking at it as a short term investment, rather a part and contribution to BTC even as it grows adopted world wide and as a global currency.

Congrats on that profit. I have also similar situation like you. I have a bit of bitcoin that I bought last year. But what makes me upset is only holding is not givin us much benefit.

If you compare the price one year ago with the price at the moment you will see that bitcoin grew about 5 times in that time period, what kind of investment, except for altcoins, can give you so much money, not many I suppose so I think we are getting huge benefits with bitcoin we just need to put even more money on it in order to get even more benefits.

[stergium]

I have around 0.3 or so and I'm still holding it, I got it before a long while at $100 for it so already made a relatively good profit, but I'm not looking at it as a short term investment, rather a part and contribution to BTC even as it grows adopted world wide and as a global currency.

Congrats on that profit. I have also similar situation like you. I have a bit of bitcoin that I bought last year. But what makes me upset is only holding is not givin us much benefit.

If you compare the price on year ago with the price at the moment you will see that bitcoin grew about 5 times in that time period, what kind of investment, except for altcoins, can give you so much money, not many I suppose so I think we are getting huge benefits with bitcoin we just need to put even more money on it in order to get even more benefits.

yes that is right the the price of bitcoin rise more that 5 times as compare to the present price of bitcoin but in fact the price of bitcoin has still good potential and it can raise much more. and therefore the people who have even purchase bitcoin at a much price but still going to hold bitcoin for more time tell the price reach to more high price. so its mean that price of bitcoin has still good potential to increase.

[Kriptex]

I'm holding my bitcoin and never gonna sel with cheap prices like happening now. It has a good future, believe in it guys.

[doomloop]

I believe in holding my bitcoins but when I am in need of money without thinking much I sell my bitcoins as I know that even if I sell them now I have an opportunity to earn it back so its not a really very big deal for me.

yes you are right holding bitcoin is really a good way to earn very much profit because the price of bitcoin in coming time will be very high and those people who only prefer to holding their bitcoin at that time they will be very rich and also i have seen in this forum that india also wanting to legalize bitcoin, so i think with the passage of time many more countries will legalize bitcoin and the price of bitcoin will be pumping.

[FLoving]

I believe in holding my bitcoins but when I am in need of money without thinking much I sell my bitcoins as I know that even if I sell them now I have an opportunity to earn it back so its not a really very big deal for me.

Thinking first for our needs is better as if you will provide facilities for yourself and for your family then you will remain in rest and then you will be able to earn more bitcoin and money while if you will not fulfill your needs then you will be restless and will not be able to earn more.

[Shiversnow]

I believe in holding my bitcoins but when I am in need of money without thinking much I sell my bitcoins as I know that even if I sell them now I have an opportunity to earn it back so its not a really very big deal for me.

Thinking first for our needs is better as if you will provide facilities for yourself and for your family then you will remain in rest and then you will be able to earn more bitcoin and money while if you will not fulfill your needs then you will be restless and will not be able to earn more.

Of course need is better in life in order for us to be more productive. For this reason, bitcoin can fullfil our needs since it's prifitable where though it's unacceptable job. This offers an opportunity to earn extra money to be spent.

[pepi04]

I'm quite sure that the price will drop significantly before Aug 1, and then rise again (maybe even higher than it is now) again within short time if everything worked out fine after Aug 1.

So traders will have great opportunities right now if they're doing the right thing, for the long-term investor it may be easier to just sit, weather the August storm and keep your coins. 

But hey, I'm just a n00b.

[AltcoinAuthority]

I'm quite sure that the price will drop significantly before Aug 1, and then rise again (maybe even higher than it is now) again within short time if everything worked out fine after Aug 1.

So traders will have great opportunities right now if they're doing the right thing, for the long-term investor it may be easier to just sit, weather the August storm and keep your coins. 

But hey, I'm just a n00b.

You might be right since the price of a coin goes down before the news gets released. I feel that the price will go up much further than $3,000 since the people hearing about the whole segwit thing finally noticed that all that worrying is over with so they will be willing to invest more money into Bitcoin.

[Powerman001]

I believe in holding my bitcoins but when I am in need of money without thinking much I sell my bitcoins as I know that even if I sell them now I have an opportunity to earn it back so its not a really very big deal for me.

Just like me, I have bitcoin for investment purpose. But on the other hand I can use bitcoin for unexpected activities like getting sick. Because I'm sure bitcoin prices will continue to rise. Thank you

[gabbie2010]

For me holding  my bitcoin  had been a difficult challenge for me reasons being that I have a lot of financial obligations to make selling off my bitcoins had made to settle or off-set some of my  bills but I hope to start keeping my bitcoin now because obviously the price will keep on rising.

[felco]

I *trying* to hold, but it is hard! 

[warwar]

Not really because at first if you do have bitcoin in your wallet there are instances that you need money in real life like you buy something so you should able to exchange it in your own fiat and cash it out. Holding your bitcoin is really profitable but sometimes you cant hold it, there are times you need spend it.

On the other hand, traders will be investing on buying some coins or altcoins to earn some profit while they are holding and it is really great strategy to earn some profit while you are holding. Though it is a risk but it is less than with the gambling

Though if you are just holding it and forget it in a period of time then it is really good passive income and not worrying about it, as the times goes by you can notice that your money is getting high

[South Park]

I'm quite sure that the price will drop significantly before Aug 1, and then rise again (maybe even higher than it is now) again within short time if everything worked out fine after Aug 1.

So traders will have great opportunities right now if they're doing the right thing, for the long-term investor it may be easier to just sit, weather the August storm and keep your coins. 

But hey, I'm just a n00b.

You may be a newbie but I agree, the problem is that things are not as easy as it seems, if a split happens then you will have two different coins, which ones to sell? Which ones to keep? It is going to be a real trouble and things are going to be very hectic so for those that don’t want to risk it the best choice is to endure the storm or to get out of bitcoin for the time being.

[wallstone]

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.

Actually, holding bitcoin is a nice strategy and option if you want to gain much income. However, it took longer time to wait. Now a day many people buy bitcoin and they hold it because there is a possibility that price of bitcoin will increase day by day in the near future. I hope it could happen in the future.

[HeRetiK]

Sold a bit for diversification but for the most part I'm a long term hodler as I feel that Bitcoin still hasn't reached its full potential.

[Shiller2009]

I just wait patiently for bitcoin to make me rich and do not succumb to the next bad news about the price drop