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Author Topic: Wonder how many people can hold BTC for more than 3 years  (Read 4066 times)
Hamstead
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November 01, 2017, 05:18:00 AM
 #61

         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.
I believe with that. They treasured bitcoin and keeping it for a long time, and considering that it could be useful in the future. And they are absolutely right, because value of bitcoin today is very far compared before and its a big money if it is converted into USD now. Maybe they didn't expect this to happen that bitcoin would be very popular and become a most promising investment right now.
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November 01, 2017, 07:07:38 AM
 #62

For the past years where btc is still cheap and the majority of the people have their perspective that it is a scam coin of the btc have a huge dump like 20% above they will surely do a panic selling because they assume btc will fall, some of them bite to the temptation of selling because the price is increasing thus giving them 2 - 3x return of their investment but some of them are still holding until now, the pioneers that always believe that btc have a big potential, but for this days it is normal to hear some negatives rants about it even in mainstream media, it is normal to for btc to have a big dump to its price because we all know that not just a bounce back but a huge pump will increase the majority of the people who holds the btc are many.

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November 01, 2017, 07:50:09 AM
 #63

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

I can't really assume how many people that is holding Bitcoin for that long 3 years, because even me when I see Bitcoin was doubled its price I have a high percentage in mind that I would like to sell my Bitcoin already because I got 200% profit with my initial investment. I think most people that holds that long for Bitcoin is the one that is rich enough to make it is a hobby of holding long term investments with Bitcoin and those people that really forgets that they have a good amount of Bitcoin back then and suddenly sees the current pruce of Bitcoin.



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November 01, 2017, 08:28:04 AM
 #64

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. Smiley

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.
Yes usually it takes several years to become a senior member in the forum of bit coin so surely most of the people will have hold bit coin for the last three years and it will be very difficult to imagine the benefit of those investors who hold the bit coin for the last three years and they will become millionaire and even billionaire.
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November 01, 2017, 08:33:05 AM
 #65

I was here 3 years ago and I have something saved from that time, not much that is a real shame, I could have much much more then I have now. I'm saying to some of my friends this days that we could be millionaires by now in 3 years, and with minimal investments, all they needed to do is to believe in my words and my dream about bitcoins.
I still have a dream and I'm sure that this is not over, its far from over, new wonders will rise again, and bitcoin price will rise like many other alts will. Be smart and keep some bitcoins, invest in some alts and hold them to. I made some mistakes, I was newbie and I didn't know nothing. Now I'm older with more experience and my advice is keep something for the future, its not late for holding.

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November 01, 2017, 09:50:59 AM
 #66

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

I am holding it for more than 3 years - just bought 1BTC back then -, but I cannot enjoy the profits yet since I don't want to sell it  Grin
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November 01, 2017, 10:40:43 AM
 #67

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
It takes serious discipline to stop the urge of selling your bitcoin when it's price has doubled or even 5x its original price. That's why many people regret selling their bitcoins during that time. I think I would do the same, having double or even 5x the price of your coin is such a huge profit. Even I would never have a second thought when I'm about to sell my coins.
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November 01, 2017, 02:44:10 PM
 #68

         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.
I think its possible if that person is so many tokens who hold. And he or she waits for the right time to sell it or he or shes waiting for the right time that the value of the token is high.
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November 01, 2017, 02:55:07 PM
 #69

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
If I would have had money to invest in bitcoin I would have kept my bitcoin in the wallet until now. The problem is that I dont have money to invest in anything so everytime I get some bitcoins in my wallet I exchange it for fiat.
It is pretty hard to keep bitcoin when you see that the price is going up so much because you are afraid of not losing it. But there is no reasons to worry. The price will go up in next 5 years.
It is all about the need. For example if I hold bitcoin in my wallet and I do not need them why would I sell them? Definitely I would keep them in my wallet and when I need I will sell them out to fulfill my needs. I myself hold my bitcoin for my future dreams which I have seen for my family. I don’t need to sell them today because the price is rising continuously and I want more and more money to earn.
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November 01, 2017, 03:05:20 PM
 #70

yeah maybe some people hold bitcoin for the long term investment, maybe they wouldn't open theiw bitcoin wallet until they need that money, if they dont need that money so they will close the wallet and close about bitcoin price right now

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November 01, 2017, 05:48:51 PM
 #71

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

actually bitcoin already existed from 2009 you can see the graph in 2009 until 2017, if you hold it from 3 years ago I believe you will get many advantages and have become the richest person
Not everyone must have seen the advantage back then. So many people were even surprised that it could pass $10, I have read some posts on this forum where people speculated that Bitcoin would never get past $15 at most. Lots of people must have sold, there is no doubt and so many people held, so it depends on each individual and how patient they get when it comes to investments.
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November 01, 2017, 06:37:29 PM
 #72

That was a 20x increase in a span of 3 years. If the same were to happen in the next 3 years, we would be sitting on $120,000 per bitcoin. That is just crazy. I will be holding by the way.
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November 01, 2017, 06:50:09 PM
 #73

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

I am holding it for more than 3 years - just bought 1BTC back then -, but I cannot enjoy the profits yet since I don't want to sell it  Grin

WOW nice man. I wish i did it 3 years ago. Don't sell it when it hits 10k. Wait for it to reach 50k dollars you would have 50k in your pocket just because you invested earlier.

Are you planning to invest after that ? If i were you i would invest again in some coins but not on bitcoin because you have earned from it a lot and it is not rising so high anymore i think after that.
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November 01, 2017, 07:05:21 PM
 #74

That was a 20x increase in a span of 3 years. If the same were to happen in the next 3 years, we would be sitting on $120,000 per bitcoin. That is just crazy. I will be holding by the way.

Anyone who has hold the btc for 3 years today would having some btc in initial stage would be millionaire by now. Nowdays people are aware about the potential of the btc so they do hold it for future. Previously this was not the case due to which not many people hold it.

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November 01, 2017, 07:22:27 PM
 #75

Probably the smart ones and tbh I will hold my bitcoin for 3 years from when I bought it too. I got them half year ago and look to hold right up until 2020 halving. I will sell a small amount then to sustain myself but other

than that gonna hodl the rest for another 20 years at least.  Smiley

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November 01, 2017, 07:25:26 PM
 #76

I bet only few were able to hold bitcoin 3years ago because for sure a lot of them converted it or maybe use to buy some altcoins they did not expect bitcoin can grow this big I'm sure many are now regretting that moment. With this growing demand and appreciation of value maybe now many people will want to hold bitcoin for a long run and wait till it gets $100000 worth per bitcoin.
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November 01, 2017, 08:51:03 PM
 #77

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
ok, the question is, are they allowed in this three years to use them in exchanges and so on or....just to hold them in their wallets? If you mean the second part then i can assure you that those people represent 1% from the bitcoin holders.
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November 01, 2017, 09:15:21 PM
 #78

I don't know many such people. Maybe some of those who even have forgotten they have Bitcoins in their wallets.  Grin
Couple of years ago no one could predicted the current Bitcoin price and holding Bitcoins wasn't so profitable so majority traded Bitcoins or have bought it for exact purpose but not just keeping the coins in their wallet and waiting. Now is a bit different and some are considering Bitcoin as an asset for the future and their long term strategy is to hold and make profit that way.

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November 01, 2017, 10:03:00 PM
 #79

The more people hold bitcoin the more it will help and continue to grow. There is no impossible to that if many people will hold bitcoin for more than 3 years because of the bitcoin popularity. Many are dreaming to have a better life, now that bitcoin is popular world wide there is possible that many are now doing bitcoin as their source of income. How much more for more than 3 years? There is really nothing impossible if bitcoin continue to grow.
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November 02, 2017, 01:19:00 AM
 #80

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
That would be interesting to know, I have been holding bitcoin for a year, but the amount that I have is not big enough so it is not really that difficult to hold, however as the amount of bitcoin that I hold keeps increasing it is getting harder and harder to hold it but I have plans to hold for at least 5 years since I have no doubt that by time, bitcoin will be a lot more valuable than it is today.
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