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Author Topic: Hold until its $10,000  (Read 2768 times)
cashodler
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August 05, 2017, 05:37:07 PM
 #21

it is very great that you have your own goal and you set for that,
but it would be nice if you do something with those Bitcoin other than just holding it,
Bitcoin will reach that point but it need more time and you should take that time as a chance to double your coin.
i wise man never let the opportunity goes by and take every time as an opportunity for him to get profit.

In my opinion we should see it around 2 years from now on or before halving date we should see it,
so we still have a time to double or even more than that.


What do you suggest to do to multiply our coins? All I do with my coins is that I lend them to margin traders on Bitfinex.
NavySeals
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August 05, 2017, 05:43:41 PM
 #22

it is very great that you have your own goal and you set for that,
but it would be nice if you do something with those Bitcoin other than just holding it,
Bitcoin will reach that point but it need more time and you should take that time as a chance to double your coin.
i wise man never let the opportunity goes by and take every time as an opportunity for him to get profit.

In my opinion we should see it around 2 years from now on or before halving date we should see it,
so we still have a time to double or even more than that.


What do you suggest to do to multiply our coins? All I do with my coins is that I lend them to margin traders on Bitfinex.

I don't know if you're aware of it but margin trade can take all of your funds forever. It's full of risks and hard to predict when opening new positions. Better than margin trade, you can try to find promising altcoins or tokens for holding in long term.
cashodler
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August 05, 2017, 05:49:39 PM
 #23

it is very great that you have your own goal and you set for that,
but it would be nice if you do something with those Bitcoin other than just holding it,
Bitcoin will reach that point but it need more time and you should take that time as a chance to double your coin.
i wise man never let the opportunity goes by and take every time as an opportunity for him to get profit.

In my opinion we should see it around 2 years from now on or before halving date we should see it,
so we still have a time to double or even more than that.


What do you suggest to do to multiply our coins? All I do with my coins is that I lend them to margin traders on Bitfinex.

I don't know if you're aware of it but margin trade can take all of your funds forever. It's full of risks and hard to predict when opening new positions. Better than margin trade, you can try to find promising altcoins or tokens for holding in long term.

That's what the collateral is for, the one who is risking is the borrower, the margin trader, not the lender.
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August 05, 2017, 05:50:18 PM
 #24

$10,000 could potentially be my 75% sell off point. I'd never sell all of my stash because who knows what the price could go to but at $10,000 per coin I'd have to think about selling a good amount.

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August 05, 2017, 06:00:13 PM
 #25

If you are not an active trader than holding bitcoin for 1-2 year or even more can create fortune for you but you can earn even more by trading bitcoin actively on every price swing. Current price surge can't go just like this, I am expecting some correction before crossing $4000 level.

Sell your bitcoin at peak price when it is pumping hard and buy back cheap coins on correction. This will increase your total bitcoin holding.

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August 05, 2017, 06:21:40 PM
 #26

If you are not an active trader than holding bitcoin for 1-2 year or even more can create fortune for you but you can earn even more by trading bitcoin actively on every price swing. Current price surge can't go just like this, I am expecting some correction before crossing $4000 level.

Sell your bitcoin at peak price when it is pumping hard and buy back cheap coins on correction. This will increase your total bitcoin holding.

If the swings were easy to predict everyone would do this. I'm trying in the altcoin market, sometimes more and sometimes less successfull Cheesy

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DustyRah
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August 05, 2017, 06:46:25 PM
 #27

Anyone wanting a nice retirement should just buy some Bitcoins and leave it for retirement. $10,000 is nothing and actually Bitcoins will go into millions each. It all comes down to how much time one has to HODL it.

Like others have said, just take profits regularly and buy back so you can sell the profits and move to other investments rather than putting everyone in one basket.

At the end of the day, no one can predict how an investment may go so diversify but $10,000 is nothing when it comes to Bitcoin as we will see sooner or later.
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August 05, 2017, 07:20:49 PM
 #28

If you are not an active trader than holding bitcoin for 1-2 year or even more can create fortune for you but you can earn even more by trading bitcoin actively on every price swing. Current price surge can't go just like this, I am expecting some correction before crossing $4000 level.

Sell your bitcoin at peak price when it is pumping hard and buy back cheap coins on correction. This will increase your total bitcoin holding.

If the swings were easy to predict everyone would do this. I'm trying in the altcoin market, sometimes more and sometimes less successfull Cheesy

In the market of alternative coins everything is much more unpredictable than when trading bitcoin. Therefore, you must be very careful. And it is desirable to have experience in trading.
But you can just buy bitcoin and keep a few years. This can give you a very large profit

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August 05, 2017, 07:28:21 PM
 #29

I am seeing a lot of posts asking for investments idea!

I do believe for 5 bitcoins holder or less, hold! It will reach $10,000.

Don't risk losing it! Lips sealed

There is a lot of merit to holding bitcoins long term. However, some altcoins could give as much or even more in rate of return. I can see benefits to holding a combination of bitcoins and altcoins for several years as long as the altcoins are some of the major ones that aren't so risky.

 
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HasHe
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August 06, 2017, 03:14:14 PM
 #30

Is there no risk of BTC currency to "fall apart"?  Huh I mean is BTC really that established with no possibility to be dissolved? I am quite afraid to invest a large amount and all.
If you analyze the previous price history of bitcoin,then you can see every time when it increases and then decreases,its price gets stable only above its previous price.So,on seeing today's situation,more probability is that  bitcoin price would increase more and it has very less chances to fall since we could see legalization of bitcoins and mass adoption taking place.
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August 06, 2017, 03:47:14 PM
 #31

Many Bitcoin holders are saying in unison: HODL IT! Just holding on to our hoard of Bitcoin can also in a way influence its value...the more we hodl the more Bitcoin can rise in value. The trend right now is up, up and away and there is a chance that Bitcoin can breach the 4K wall before the end of the year. More optimistic view on Bitcoin is putting it at least 5K within this year and maybe 10K within 2018. And I am not complaining in any way. Let's go Bitcoin let's rise to the prediction.

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August 06, 2017, 04:10:10 PM
 #32

The less bitcoins in exchanges, the more the scarcity, and the higher will go the price.

The more bitcoins stored in nodes, installed in internal or external hds, the faster will be the network.
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August 06, 2017, 04:16:06 PM
 #33

I am seeing a lot of posts asking for investments idea!

I do believe for 5 bitcoins holder or less, hold! It will reach $10,000.

Don't risk losing it! Lips sealed

There is a lot of merit to holding bitcoins long term. However, some altcoins could give as much or even more in rate of return. I can see benefits to holding a combination of bitcoins and altcoins for several years as long as the altcoins are some of the major ones that aren't so risky.

It is possible to make more in future if we kept holding, there is a lot of expectation when it comes to Bitcoin potential.
Bitcoin is becoming more potential in the market where many people are attracting to Bitcoin.

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August 06, 2017, 05:40:43 PM
 #34

I am seeing a lot of posts asking for investments idea!

I do believe for 5 bitcoins holder or less, hold! It will reach $10,000.

Don't risk losing it! Lips sealed
no one knows when will bitcoin actually reach to $10000. It is good if you can spare such a huge amount and take risk on it. Looking at the future of the bitcoin it can be said that it can reach to $10,000 but when? I guess it will take quite a long time. I don't see this price of bitcoin before 2020 and even can take more time.
Bitcoin has the guts to reach to a quite high price but if something bad happened you can lose all your investment.
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August 06, 2017, 06:08:23 PM
 #35

$10,000 price for one bitcoin is not far away perhaps we can see this price in the end of 2017 because rapid movement going on the market after soft fork to bitcoin blockchain which bring confidence to new investors and traders.

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August 06, 2017, 06:16:17 PM
 #36

It may sound weird, but I find people focusing on the $10,000 to be very short term minded. Obviously, everyone has a certain target, but that should be way higher than that.

My personal 'conservative' long term target is a minimum of $50,000 per coin. If we look at how small this market still is, there is far more room for growth in the coming years, that's a guarantee.

People thinking that hodling is boring will definitely look back and blame themselves for not having done so. Hodling requires no risk, no effort, and still you see the value of your coins increase.

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August 06, 2017, 07:31:26 PM
 #37

$10,000 price for one bitcoin is not far away perhaps we can see this price in the end of 2017 because rapid movement going on the market after soft fork to bitcoin blockchain which bring confidence to new investors and traders.
You must be damn right. The fixing of scalabiliy issues has brought new hopes among bitcoin investors and traders and I guess this time whales also will be joining the part to continue holding so that we are not going to see any corrections too. This way $10,000 will be highly possible by end of this year.

I am not having any short term plans for my bitcoin holding hence I believe I will be holding my bitcoins even after $10,000 levels. Because my targeted amount of money must need bitcoin prices to value in millions so that I can get my life style upgraded.
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August 06, 2017, 08:57:11 PM
 #38

I am seeing a lot of posts asking for investments idea!

I do believe for 5 bitcoins holder or less, hold! It will reach $10,000.

Don't risk losing it! Lips sealed
I was imagining, takes time how long the bitcoin price will until on $10k, 1 more year or will it be more than 2 years to arrive at that value and whether the value now will can survive until the next few days?
I am also agree with you that bitcoin hit to 10000$ it will take to more time I mean its price will not take a week or in few months hit to 10,000$ yes! it take more two years to arrive at that price. So I suggest that not sell their bitcoin immediately when after two years its price touch to 10,000 when you sell it to fair price.
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August 06, 2017, 09:02:56 PM
 #39

The only major problem I see when someone is advocating strategy "just hold until Bitcoin will reach $xxxx" is simple - that final price we waited for is not the real final ultimate goal.
I am sure that in the future Bitcoin will reach 10k there will be people who will tell you - so, you can now wait until bitcoin will reach 100k in the future, and then you are all set.
Don't listen to anyone, if you happen to like current bitcoin price, then go ahead, just sell it and buy something nice, enjoy your like, don't wait and waste time forever.
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August 06, 2017, 09:32:39 PM
 #40

Don't listen to anyone, if you happen to like current bitcoin price, then go ahead, just sell it and buy something nice, enjoy your like, don't wait and waste time forever.

I seriously doubt that people will firmly hold each and every satoshi till the price reaches a certain level. In order to benefit from whatever increase, it's always a healthy option to cash out some of your profits. If the price after that starts tanking, you can buy back at lowers levels, and ultimately increase your coin count steadily. If the price happens to go up further, you have enough coins sitting in your wallets that you can sell at a later point. In all the years that I have been in Bitcoin, one thing became very clear - the price always falls back to x levels before going up to higher levels. In other words, if you play it right, you can increase the number of coins that you have throughout the years, and at the same time enjoy the increasing price. At the end of the day, it just depends on the people. If one likes to hold till $10K and further, then so be it. If one likes to cash it all out at $10K, then that's fine too.
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