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

[KenChanYu]

I may be wrong but I guess that many early birds had their BTC stored at MtGox, which was the main exchange at the time. I remember myself wondering whether I should buy or not some bitcoins in 2012, when its value was around 5$. I would have bought them through MtGox and would have lost a potentially huge profit... so I figure out lots of early holders sold or lost their BTC before skyrocketing

Lucky you, I haven't even heard of Bitcoin before the Mt. Gox crash. In a few days it's going to be 3 years since I've registered here and around that time I've made my first bitcoin purchase. I still have some of the coins I bought back then, so 3 years here I come!
As for the Gox victims it's still possible for them to be rich one day because there's a significant amount of coins being held by the authorities who are still figuring out how to redistribute them. I'm pretty sure if they even gave people 10% of what they used to have on Gox, it would still be worth more more in USD than what they had lost.

well holding btc is really hard specially in everydaya  life because we as human we have our needs  and we know that bitcoin can help us in our needs .i think if there where be a person who can hold btc they are only few and they have a verry big patience because if people dont have  patience they can really hold for a long time.

[1715204631]

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[1715204631]

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[Vaculin]

I may be wrong but I guess that many early birds had their BTC stored at MtGox, which was the main exchange at the time. I remember myself wondering whether I should buy or not some bitcoins in 2012, when its value was around 5$. I would have bought them through MtGox and would have lost a potentially huge profit... so I figure out lots of early holders sold or lost their BTC before skyrocketing

Lucky you, I haven't even heard of Bitcoin before the Mt. Gox crash. In a few days it's going to be 3 years since I've registered here and around that time I've made my first bitcoin purchase. I still have some of the coins I bought back then, so 3 years here I come!
As for the Gox victims it's still possible for them to be rich one day because there's a significant amount of coins being held by the authorities who are still figuring out how to redistribute them. I'm pretty sure if they even gave people 10% of what they used to have on Gox, it would still be worth more more in USD than what they had lost.

well holding btc is really hard specially in everydaya  life because we as human we have our needs  and we know that bitcoin can help us in our needs .i think if there where be a person who can hold btc they are only few and they have a verry big patience because if people dont have  patience they can really hold for a long time.

Right.There are only few people who can really hold btc for more than 3 years since is it is very in demand right now particularly its price who keeps on increasing every now and then.I believe those people have already enough funds for their daily needs so they won't be able to spend anymore their bitcoins and will just hold it for that long.That's really a good idea for safekeeping but we can really deny the fact that most of the time we are always in need of money.

[JCO05]

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

I think there's only a few who held Bitcoin with for that length of time. Only those who are much dedicated who truly believes to bitcoin, will be the most happy people at this moment that its market value is over 7300$ and is still continuous to.increase. It also shows how far Bitcoin grew withtin 3 years whih seemed to be so fast.

[pixie85]

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

I think there's only a few who held Bitcoin with for that length of time. Only those who are much dedicated who truly believes to bitcoin, will be the most happy people at this moment that its market value is over 7300$ and is still continuous to.increase. It also shows how far Bitcoin grew withtin 3 years whih seemed to be so fast.

Feew? I disagree. You can find many people here who did just that. Most well known Bitcoin faces had coins stashed since 2012 or even earlier.
If you really want to know how many coins are being held you can look at the biggest Bitcoin wallets. They are listed online, so that's an easy job. Look how many of them weren't used for years. There were no incoming and outgoing transactions so people are holding! (or they lost their wallets and are in deep shit)

[eaLiTy]

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 a complex answer,i had a good amount of coins which i purchased when the price was below $500 and usually when the price hits the $1000 mark we would see a correction and i made a good profit when it touched that mark and purchased around $800 and then sold everything when it touched $1800 thinking we would see another crash and it never happened.

[cybersofts]

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.

Buying bitcoins is the easy part but holding bitcoins for 3 years that is the hardest part.
To be frank not many people can do it. When you buy bitcoins you will be thinking about it everyday.
You will be struggling with your mind to sell whenever you hear negative news about bitcoin.
But if you can manage to save your bitcoin for at least a year then you'll double your investment no doubt.   

[Hazaki]

I guess it's not that hard to be able to maintain bitcoin for a long period especially of you know for sure that it's value will grow exponentially over time . It's like making an investment with 0 efforts , all you need to do is just wait and your funds will grow by themselves . Bitcoin is the currency of the future and sooner or later people will regret not onvesting in it .

[strocifer]

I guess it's not that hard to be able to maintain bitcoin for a long period especially of you know for sure that it's value will grow exponentially over time . It's like making an investment with 0 efforts , all you need to do is just wait and your funds will grow by themselves . Bitcoin is the currency of the future and sooner or later people will regret not onvesting in it .

At the very beginning it was impossible to forecast such an exponential growth, nothing was less clear than the future of bitcoin. So if you entered at let's say 1$ face value, when the price topped 350$ in 2013 you already pocketed a nice 350x upside. If you invested 1000$ at the beginning you turned to get 350000$ in you wallet few years later: that's a decent amount of money! You would certainly have used it to buy a house, stocks, a new car... it's hard to imagine you would have kept this volatile amount of money in you wallet given the uncertainty of the currency.

[Pay4youractivity]

I guess it's not that hard to be able to maintain bitcoin for a long period especially of you know for sure that it's value will grow exponentially over time . It's like making an investment with 0 efforts , all you need to do is just wait and your funds will grow by themselves . Bitcoin is the currency of the future and sooner or later people will regret not onvesting in it .

Trees do not grow to the sky.
By what bitkoin is interesting except its growth giving the opportunity to earn? Practically nothing. Many altkoins are much better than it.

[rickadone]

I think those who have 3 years holding bitcoin now they already have what they want like, cars, luxury homes, and vacation abroad. they have become rich, they have fun.

Without any doubt you can easily say they are more than millionaire in my country. If someone have bitcoins in last 3 years and now if he is selling then believe me there are more than luxuries for him in our country. And I often regret why we didn’t know about bitcoin in last 3-4 years. If we would have known about trading and investing and such huge profits, we are now enjoying luxuries too.

Depending on how well they bought in though, cause I remembered so many people complaining even 3 years ago that bitcoin was too expensive. For those who believed in bitcoin and bought at least like $1000 worth of bitcoin 3 years ago would most definitely be living some pretty good life today. With just some patience, we will all get there eventually and this year alone is enough to let everyone know that.

[aoihs00]

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

I think there's only a few who held Bitcoin with for that length of time. Only those who are much dedicated who truly believes to bitcoin, will be the most happy people at this moment that its market value is over 7300$ and is still continuous to.increase. It also shows how far Bitcoin grew withtin 3 years whih seemed to be so fast.

Feew? I disagree. You can find many people here who did just that. Most well known Bitcoin faces had coins stashed since 2012 or even earlier.
If you really want to know how many coins are being held you can look at the biggest Bitcoin wallets. They are listed online, so that's an easy job. Look how many of them weren't used for years. There were no incoming and outgoing transactions so people are holding! (or they lost their wallets and are in deep shit)

Indeed. The are so many crypto lovers on the forum itself who are smart enough to guess that bitcoin will rise in the future and they made the investment as early as 2012. Its most easiest thing to do but what comes across us is the emotional stress that we can't bear for long if we are not strong enough. That is where the panic crypto nerd comes to existence and all the things get messed up.

Those who were able to control that or those who just invested into it and forgot about the coins where the lucky one to grab that million dollar shot.

[michellee]

I think there is many people is hold their bitcoin for more than 3 years and now they can withdraw all of their bitcoin to make huge money. but if this is happen to me, I don't think that to sell all of my bitcoin is a good idea because I will hold the bigger amount bitcoin in my wallet and only selling if the price is increase higher. I will only sell for small part of bitcoin so I can buy something in my life and I can continue to survive in my real life and beside that I can use the money to save into my bank account.

[CuriousGeorge]

I think there is many people is hold their bitcoin for more than 3 years and now they can withdraw all of their bitcoin to make huge money. but if this is happen to me, I don't think that to sell all of my bitcoin is a good idea because I will hold the bigger amount bitcoin in my wallet and only selling if the price is increase higher. I will only sell for small part of bitcoin so I can buy something in my life and I can continue to survive in my real life and beside that I can use the money to save into my bank account.

Just as you say you will only selling it if the price gets higher. then you will be always got catched by the bulltrap and pretty sure that within few months all of your bitcoin will be gone LOL.
I speaking from my thinking, can't hold it that long especially for 3 years, the damned price pump just sometime got me to sell my entire bitcoin.

[n691309]

I guess it's not that hard to be able to maintain bitcoin for a long period especially of you know for sure that it's value will grow exponentially over time . It's like making an investment with 0 efforts , all you need to do is just wait and your funds will grow by themselves . Bitcoin is the currency of the future and sooner or later people will regret not onvesting in it .

Trees do not grow to the sky.
By what bitkoin is interesting except its growth giving the opportunity to earn? Practically nothing. Many altkoins are much better than it.

Which altcoin is better than bitcoin think before saying anything bitcoin Is most impressive at this time and the people are doing great suing this coin and main thing is its acceptance as payment and yes this coin is accepted as payment also amazon example is here and still many regions are accepting this coin but altcoins are still down to earth and nobody is accepting them because they already have btc to earn.

[naidray]

Although bitcoin is spreading in the internet we can't figure it out how many of them were holding for more than 3 years.This is due to blockchain technology that transaction can't be traced.But in this current situation probably they would think it hardly and seriously because bitcoin now is almost at $7000.

Knowing the possibilities of the growth of bitcoin is enough to make people understand the fact that it is a good thing to HODL. We do not know the future, but we are all quite optimistic that bitcoin has a huge value and it is going to keep surviving as people keep seeing those values and then utilizing it to their own advantage.

For example, the government of Zimbabwe banned international transactions and then, the citizens saw bitcoin as the best option they can deal with the international market out of the government's control and that is a value.

[PrinceCaspian]

It is really up to the people if they are going to have a good faith in bitcoin and hold it for at least 3 years or more than 3 years because they are the one who are in charge of taking care of their bitcoin and if they have a good vision then it is really easy to tell that it is worth it to just hold bitcoin for long term.

[Paultron]

I guess it's not that hard to be able to maintain bitcoin for a long period especially of you know for sure that it's value will grow exponentially over time . It's like making an investment with 0 efforts , all you need to do is just wait and your funds will grow by themselves . Bitcoin is the currency of the future and sooner or later people will regret not onvesting in it .

Its not that hard to hold it. I also hold my coins for a year now If i can do it a few years i can make a good profit out of it. You can hold your coins but when you need money.

Then you must use bitcoin for that because we simply need money for things sometimes for school etc.

[strocifer]

For some how made millions on BTC there was no point to hold it anymore.
They just sold them and are enjoying the rest of their life 

[Malaya]

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

Bitcoin is quiet interesting to use especially if the desire to use it for your needs and wants is occurring. I'm there are few folks in this group can do really keep them and allow to grow for investment and other stuff in the future. Ofcourse, the good hope that bitcoin will continuously rise in the future, many people will still use it immediately and not to hold it first. But for those who have enough of investments around. Those who have traded their bitcoin and earned a lot already, we can say they can hold it even more than three years.

[chickenado]

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

In my opinion maybe only few who hold their bitcoin few years back its all because cryptocurrency is not that known  for all of us,only few who has knowledge when it comes out,i've heard from someone how ignorance he is when he heard about bitcoin when a person asking him to change it to some stuff i guess,he accept it but doesn't know about bitcoins out of curiousity and lack of knowledge he sells  almost everything and only few were left,it was too late he realizes how precious bitcoin is in this period of time, if i were in his position maybe i also did what he does because waiting its value to fluctuates is a very big question in my mind "WHEN" i might always think of losing it in the future,as bitcoin also experiences its value to goes down that why people get panic,waiting and holding bitcoins in this moment in time seems the hardest a person could do,to take a risk,patience and  faith in bitcoin leads to a persons success.