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Author Topic: Wonder how many people can hold BTC for more than 3 years  (Read 3680 times)
keyscore44
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April 12, 2018, 09:58:11 PM
 #401

That it hard to calculate cause in my opinion people are just selling their coins when the price is really high so i think only like 2 or 3 % of people which invested are still holding their coins.

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April 12, 2018, 10:20:11 PM
 #402

In my own opinion,why should I hold for more than 3 years when the price is already satisfy me  Smiley Smiley.I need money badly that is why I can't hold bitcoin that long.
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April 12, 2018, 10:46:44 PM
 #403

With the fluctuations price happening now it will be hard for anyone to hold bitcoin for more than 3 years, I'm sure when the price goes up or down more than 50% it will make people sell bitcoin.

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April 12, 2018, 11:32:33 PM
 #404

That it hard to calculate cause in my opinion people are just selling their coins when the price is really high so i think only like 2 or 3 % of people which invested are still holding their coins.

Agree. There is no definite quantity how many people can hold bitcoin for more than 3 years. But I believe that it is always increasing as many are interested in bitcoin nowadays. THrough the help of those who currently hold bitcoin that advertise the goodness of bitcoin, for sure the number of holders increases to up to 50- 75% every year.

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April 15, 2018, 12:09:27 PM
 #405

BTC was around $300 3 years ago.

Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period Smiley

exactly my point. Well I'm in for this, not with Btc but mainly with other tokens. Short term fud doesn't affect me at all. If all people were like that, the price would have been now at least $40k Smiley
It will be nice that everyone in the market had the same strong confidence that many holders have but you need to understand that our goals are different and that is why our behaviors are different as well, as a long term holder of bitcoin for the long term even if bitcoin were to reach my target goal I probably will not sell at all I will keep some just in case it goes even higher than that, but for a short term trader obtaining 1% to 2% per trade is good enough so losing money in a crash is not really an option for them.
Again, it is all because of matter of choice. We all are different and like you have said we all have different opinion about bitcoins. Some people prefer to go for long term investment because they find it best in their own capacity. While for others income must be coming regularly so they chose short term investment. These both are best chances for you to make money.

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April 15, 2018, 12:59:53 PM
 #406

Well, it's depend how strong your faith and how high bitcoin you have tho. I think different people has their own perception, their own economics ability, and it will be not many people to hold bitcoin till 3 years in my opinion.
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April 15, 2018, 02:08:47 PM
 #407

I think very few people will keep bitcoin for 3 years. In December 2017, when bitcoin reaches the peak, I am confident that 99% of the people who are holding the bitcoin will sell out so it is impossible to hold the bitcoin for 3 years.
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April 19, 2018, 09:48:44 AM
 #408

There are a lot actually that have that kind of patience when holding something. And those people are particularlybthe ones that do not need that much money because bitcoins is just their investment just a full time investment because they have another source of income and they buy bitcoins and they have bitcoins

I think it's not applicable for me, holding bitcoin for 3 years? no I can't specially I don't have much money to support my needs. This is only applicable to those who have lots, for me this is a great idea though.

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April 19, 2018, 10:11:33 AM
 #409

People who believe in BTC will hold BTC for many years!

They believe BTC will be successful, they have a lot of BTC in their hands, and they will always hold BTC when there is no economic pressure!
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April 19, 2018, 11:19:08 AM
 #410

Yes they are truly amazing. Better to imitate them now, who knows what will be the price of Bitcoin by the next 3 year. It is not late for me to save now and on the coming months and hodl for long term goal. Maybe not that young but never to late to have a lot of Bitcoin to pile up, for myself and for my family. If I'm not the one that will benefit my Bitcoin, at least my family.

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April 19, 2018, 11:28:18 AM
 #411

BTC was around $300 3 years ago.

Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period Smiley
Well 3 years is a quite long time and it will be tough for a simple person to hold that long without doing any transaction. Even myself cannot do that, only the people who have willing to wait and truly patient can hold that long but it will be worth. There's might be a lot of phenomenon could occur between that that time but only thing we can assure and that will be bitcoin will have enormous value.

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April 21, 2018, 06:22:33 PM
 #412

Many peoples that are involved in cryptocurrency world still believe that bitcoin has a some kind of potential, a potential where it will be the most profitable currency.
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April 21, 2018, 06:28:05 PM
 #413

BTC was around $300 3 years ago.

Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period Smiley
There are lots of people who have surpassed that time frame and do really have a lot of patience holding into their Bitcoin holdings even from the very first public launching and establishment of Bitcoin way back 2009. It is just that because of a certain gut feel or trust into the cryptocurrency namely Bitcoin why they still have their holdings up to now where Bitcoin has already boost up its price compared to its very first price when introduced to the public virtual market as a digital currency that maybe tend to upgrade the capability and accessibility of people to use currency from the traditional way into a more progressive and innovative one.


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April 21, 2018, 06:29:20 PM
 #414

We cannot actually say what the actual count of people who have hold their coins for at least three years but i believe that there are a lot of them. Prices of bitcoin before was low and people back then can afford to invest in it and are enjoting their profits at the very moment.
There are already millions of people who can actually hold bitcoin even not more than three years and I am one of them, if you really what bitcoin is you will know exactly what you are doing, and that you'll know exactly that bitcoin is worth investing at.

   
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April 21, 2018, 06:37:21 PM
 #415

Many people hold bitcoin for more than three years, because they know the potential of bitcoin and it brings them huge wealth.
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April 22, 2018, 06:15:39 AM
 #416

I believe that the early adopters were able to hold their bitcoin for more than 3 years. If some were able to do that, then 3 years would be like a piece of cake. Just in a year, holding bitcoin has allowed a lot to profit largely so I believe that by experiencing there to be a much higher value in the future, they would choose to hold their bitcoin for much longer than 3 years.

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April 22, 2018, 06:40:12 AM
 #417

I do not think they will keep bitcoin for 3 years. When you invest in your profits have increased many times by the end of 2017, you sell them? If I get some btcoin in early 2017 then when the bitcoin increases a lot at the end of the year then surely one thing I will sell all that I have.

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April 22, 2018, 01:22:41 PM
 #418

I do not think they will keep bitcoin for 3 years. When you invest in your profits have increased many times by the end of 2017, you sell them? If I get some btcoin in early 2017 then when the bitcoin increases a lot at the end of the year then surely one thing I will sell all that I have.
yes when we invest at bitcoin rather than waiting for more than 1 year then being smart with takes good opportunities to sell bitcoin when bitcoin price reach to all time high is more good because the aiming of buy the particular investment tools is profit and if we have possibility to get the profit from short term then i think we have to utilize that

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April 22, 2018, 01:26:32 PM
 #419

I for one will be incapable for holding bitcoins fr that long but i have recently made up my mind to start holding bitcoins for the foreseeable future because i see that i have missed some good opportunity by not saving but rather spending my BTC.
There's nothing wrong with spending some bitcoins here and there. This creates more transactions and that means that bitcoin is alive, we are using it because of it's advantages over other forms of payment. But I hodl the majority of my bitcoins for future purposes, maybe buying an apartment and so on.

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April 22, 2018, 01:51:16 PM
 #420

Not less than half of the people. Not even me. I mean it could be somehow get useful now as a currency but it is still covered in smoke on that kind of possibility. I will continue to hold whenever things get rough in crypto. 3 years is too much for me to hold my coins. The base amount I have could still be there but most of it will be sold before 3 years arrive.

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