Wonder how many people can hold BTC for more than 3 years

[windsee]

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

[1715174057]

1715174057

[1715174057]

1715174057

[1715174057]

1715174057

[1715174057]

1715174057

[1715174057]

1715174057

[karmamiu]

         There are quiet plenty of them around here, as i have been reading here since before, there are few of them who claimed they had bought it when it was still cheaper, while some also just hide their identities and atill remaining quiet about their earnings. As far as i can still remember there is an articke about it, i just forgot the link just try to look for it.

[EXtremeAEX]

Of course. Most of the older members here started before 2013-14, and I bet some of them have been holding some since. I'm sure there are many out there too, and if you want a good read, or to relieve personal dreams/fantasies, here's a good article of how a kid bought many BTC at $10 each and became a millionaire.

https://www.cnbc.com/2017/06/20/bitcoin-millionaire-erik-finman-says-going-to-college-isnt-worth-it.html

Just hold them now and you wouldmay become one too after 3 years.

[Gozie51]

It is easier said than done in holding bitcoin for that long time.
The reason is , many people didn't know the value would be this tremendous and so, they sold of or were nonchalant about it.

However, with the outstanding growth of bitcoin, people have seen the need to hold, they either invest on altcoin with the intention of holding for long in expectation of what happened with bitcoin.

[Svener]

Ofcourse many people are doing this because they know that the potential of bitcoin,many people are doing it as an investment because bitcoin is giving more profits than the investment.
If someone want very good reap then he have to hold his bitcoin.

[tomahawk9]

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

You would be surprised at the amount of people that have been holding they're BTC since the very beginning. Obviously, one of the reasons they're holding their coins for so long is the joy and happiness of seeing that you're getting richer almost every month. That must be an amazing feeling.

You could be one of them, start holding bitcoins right now and come back in 3 years. Who know what the price is going to be by then?

[Beerwizzard]

Imho you should either forget your password or loose your private key to hold bitcoin for so long. I know a bunch of prople that sold almost all their BTC when it was around 500$. If you've already seen 10x growth it is mentally hard to belive that it will grow 20 times more for the next years. The only thing that I find helpfull is not visiting this forum or any other crypto related websites, such things totaly distract from the final goal.

[Bestpromoter]

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

for sure there will be more and more investors will discover what bitcoin is and for sure there will be enough supply to increase the price of bitcoin in that time and also the long time users of the bitcoin will be rich at that time

[Lucius]

Three years is not a long period of time so most of users will hold and try to collect more BTC before price reach 10 000$ or more.But every user have a desired price at which they plan to sell all coins or part of them.Sometimes people need money and they are forced to sell even before they have in plan,and also it can be very tempting if you buy BTC at 100$ to not sell today.Users who not have some big amount will wait more then 3 years-for me 1BTC for 100k$ is nice price.,3-5-10-15 years,more or less I can wait

[suvo05]

Imho you should either forget your password or loose your private key to hold bitcoin for so long. I know a bunch of prople that sold almost all their BTC when it was around 500$. If you've already seen 10x growth it is mentally hard to belive that it will grow 20 times more for the next years. The only thing that I find helpfull is not visiting this forum or any other crypto related websites, such things totaly distract from the final goal.

Don't know whether other users lost their password or not, but I am holding it for 2 years and it is very wonderful to watch how the money is growing by itself. I had told some of my friends two years back that btc had the potential to grow more than 2000$(it gone too far 2000$) they didn't believe me then and now when it valued more than 5500$ they are interested in btc. 

[50ouncebrew]

I know right?! That is something I ask people to do all the time but can they really? With all the external factors that will eventually come into play will people be able to hold off? I'd say people are HODLing on the network.

[supine]

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

A lot of people are holding their bitcoin for a long time because they know that it's profitable and they already gained a lot of profit from it. Bitcoin is a long-term investment so if you're planning to buy and sell immediately, you will not gain a lot of income from it unless you will buy a lot of bitcoin.

[lordquanta]

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

There are many users who were believing in the bitcoin and were well prepared to hold the bitcoin for long time. At that time bitcoin was actually gaining first serious traction after the mount gox incident. When it reached to the 600 dollars barrier these people became more and more serious. In fact people who invested at 500+ dollars mark were prepared to hold the coins with more determination. And soon same was proved when it reached 800 dollars and then crossed 1000 dollars. At this time people started to pull money they invested and kept pure profit that is half of coins they were holding. And there were who kept purchasing coins after coins as they managed.
These are the same people who are enjoying the status of millionaires in some countries. Emerging countries like Japan which is showing one of largest amount of bitcoin trade  is also showing holding bitcoin for long time.

[BillyBobZorton]

Imho you should either forget your password or loose your private key to hold bitcoin for so long. I know a bunch of prople that sold almost all their BTC when it was around 500$. If you've already seen 10x growth it is mentally hard to belive that it will grow 20 times more for the next years. The only thing that I find helpfull is not visiting this forum or any other crypto related websites, such things totaly distract from the final goal.

Wrong. I am an example of someone that didn't need to lose their password or private key (why would you do that willingly anyway, you can use locktime to lock your funds for X amount of time if you can't control yourself).

I was able to control the temptation to get my BTC out and spend them on whatever, I resisted and believed in my vision and on the big picture and now im comfortably up with a margin so big that I can sleep well at night because I know it will never go as low as my entry point, I just have to keep holding long term and i may be able to retire comfortably in the next decade, I just need to keep my head cold and focused and keep living frugally.

[farhaan]

There are still more people who bought bitcoins much earlier when its price was much less and they still hold bitcoins.Now,they enjoy huge benefits.But they have trusted in bitcoin when most of people were raising doubts about it and just terming as a fraud or ponzi scheme.

They have bought as well as held bitcoins for more years without getting panic and just avoiding FUD.So,they deserve to enjoy huge benefits.

But the percentage of those who had sold their bitcoins earlier and now regret is very high than the long holders.

[atc1-REAL]

I dont think the majority of coin holders before 2013 still have the entirety of thier coins. Most people i know sold their entire holding during the $1-$1.2k phase in 2013-14. BUtif anyone has held on until now, they must be thanking their past selves for not selling impulsively.

[XCANA]

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

Well, I believe there are so many people who hold there Bitcoin more than three years that are here in this forum but they will not tell the story because nobody would want to expose what he or she worth in Bitcoin and since when they started holding there Bitcoin.

[Aamir1]

People with stable day jobs, who are earning Bitcoins as an extra income can surely avail this opportunity and keep their coins for a that long period, but people like me, who don't have any job (maybe a student which is my case, or any other reason) and bitcoin is their only way of earning money can't possibly hold all their coins as they need to spend them too. But still, i always try to keep a part of my income safe so if the price goes higher, i can also get some profit out of it, and so far, it has always worked for me. Despite spending most of my coins, i still have money and that is because i never spent them all and they kept increasing in size because of the price.

[btcbrother]

It is actually so, so hard to hold onto Bitcoin. It is too tempting to trade it and unfortunately for a lot of people they end up losing a lot, or all of their money!

[webtricks]

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

It is not necessary to hold for 3 years to make that much profit. Alternatively, one can do smart trading. Buying low and then selling high. In this way, person can make much more profit than 20x in such long period as of 3 years.
I am doing something similar from last 10-15 months and able to make much more profits than what I would have made if simply hold the Bitcoins.