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Author Topic: Wonder how many people can hold BTC for more than 3 years  (Read 4066 times)
Carlsen
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November 08, 2017, 04:28:33 PM
 #141

I think it always depends on what goals you have.
When you invest in bitcoin to make a certain purchaise the time to cash out is there when you can afford the thing you want to buy.
When bitcoin is planned to be used for your retirement, you sell it at that point.
In general I think the average bitcoin holder is still young. Holding it for three years or more should not be a problem.
But selling at a certain point is inevitable.
It makes no sense to have a lot of coins in your wallet at the end of your life when you could have used them to lead a better life.


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November 08, 2017, 04:40:10 PM
 #142

Holders bitcoin be more in next 3 years, may increase to x10 from current holders. But amount of bitcoin held isn't in large quantities, because it has spread.
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November 08, 2017, 04:43:21 PM
 #143

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 my BTCs more then 4 years now but not all of them some of them i sold to buy alts , but still i am happy as i was lucky to have good amount until now , but in ETH case  i was unlucky

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November 08, 2017, 04:52:37 PM
 #144

Patience really pays off. Bitcoin's price is its example. If people invested in bitcoin from starting they must be enjoying their luxurious life by now. They got return on their investment which no other bank or anything else have provided them.
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November 08, 2017, 05:07:39 PM
 #145

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 dont think there are quite a lot of people who save bitcoin for 3 years other than millionaire and people who develop the own blockchain, firstly people with money dont really look at short term investment while people without money will possibly sell them when btc double that price while some others who believe and working on the blockchain know the possibilty for this thing to become better and become a trend and they would keep their beliefs and now reap the fruit of it  Grin
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November 08, 2017, 07:12:51 PM
 #146

holding bitcoin for 3 years is a long time. I think it is very difficult to find the person holding bitcoin during that time. but if the person holds it in a longer time it will get a lot of benefits, because it is invested in bitcoin required in the long term

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November 08, 2017, 07:19:16 PM
 #147

Its no rocket science buy some put it in a wallet and forget about for 4 years and come back walk rich Cool Cool Cool Cool Cool
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November 08, 2017, 07:25:14 PM
 #148

Ohh come on you wont believe but if now bitcoin suplieses are around 16 million i strongly believe that around 100.000 thousans of it was  hold for more than 3 years even.

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November 08, 2017, 09:00:57 PM
 #149

just this year,bitcoin has made more than 700% profit !!
So i think holding for 3 years could be tempting !!
It all depends on individual views as well as their level of financial freedom/security !!
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November 08, 2017, 09:07:23 PM
 #150

For sure those people hold their bitcoin last 3 years ago are now happy because they can earn a lot of profit now. Count to think of it the price last 3 years ago is 300 dollars only but if you see the price today its already 7k dollars. Your money become 23 times . What if you have hundreds of bitcoin for sure you are now millionaire. I salute to those people bought bitcoin and Until now they hold it .

Yes there are those people who are really lucky to have bitcoin when it was cheaper and just holding it would become millionaire but for many people here who I believe just have known bitcoin maybe this year has a chance still to be millionaire because the price of bitcoin may keep going higher if we keep supporting it. There are some who become millionaires because they hold some altcoins that have multiplied in value from its ICO perhaps. For those who got in just months ago can still be millionaire even this year if they know how to trade because trading cryptocurrencies open so many opportunities because of its volatility and some altcoins do double in value in just days.
Bitcoin still offers great opportunities but at the same time if you want the chance to make as much money as the early adopters you are not going to have an option but to invest in icos, many will say that is a big risk and they are right but the bitcoin early adopters took great risks as well so you need to be ready to take the same risks if you want to make a lot of money.
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November 08, 2017, 09:11:39 PM
 #151

I would say quite a few. It's just a question how much and for how long. Most have some kind of threshold on which they will sell.
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November 08, 2017, 09:16:43 PM
 #152

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.
That's right, but I know many bitcoin's holder can do that. Anyway, 3 years is not long enough and most of us are on holdings rather than spending. Although we don't know who they are just because of its anonymity identity.
The reason why most people are keep on holding bitcoin just because wanting to have a secured life in the future. Knowing that there is a big possibilities that bitcoin price will go higher, and converting it to fiat money it's totally  a big money.



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November 08, 2017, 09:17:06 PM
 #153

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

people who are already rich are the one who harvest this kind of profit I think , I use bitcoins for my living expenses so I cant save bitcoins and maybe others is doing the same thing too , congratulations to the rich people they just become much more richer
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November 08, 2017, 09:46:54 PM
 #154

I think it always depends on what goals you have.
When you invest in bitcoin to make a certain purchaise the time to cash out is there when you can afford the thing you want to buy.
When bitcoin is planned to be used for your retirement, you sell it at that point.
In general I think the average bitcoin holder is still young. Holding it for three years or more should not be a problem.
But selling at a certain point is inevitable.
It makes no sense to have a lot of coins in your wallet at the end of your life when you could have used them to lead a better life.



Yeah people would really choose it long term goals and don't prefer to sell their holdings right away. Everything needed patience, so that's applicable idea for now since price moves quickly and unpredictable as you noticed the actual fluctuations may vary on every aspects. We can make good sell out of it if we can reach a good price as profit will come to surprisingly.
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November 08, 2017, 10:21:53 PM
 #155

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

The people or bitcoiner who hold there bitcoins more than a three  years  are those people who have strong patience in terms of holding there assets.sometimes rich and famous people hold there bitcoin in a long period of time because this coins only a extra of there whole asset  and they want to reaped it like a fruits.mostly rich people have there own goal and prediction of when this bitcoins should grow ,to used this in the future needs.

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November 09, 2017, 12:18:42 AM
 #156

I think they just don't care that they have it before.. I meant maybe they bought it when the price was still 3-10$ each or maybe their family member told them to do so at first, so they just bought few like 10-20 btc. And they just let it be... and when the price of btc is pumping up, they remembered that they have some and sell all of it Cheesy So I think most people that managed to hold it for so long is based on pure coincidence.
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November 09, 2017, 12:29:32 AM
 #157

I don't have any idea how many people are holding BTC for more than 3 years but for me i am still holding my Bitcoin its been 2 years now i only need 1 more year and i think that i can still hold it until 2018. That 1 Bitcoin is very secured i made sure that i won't be able to access that wallet, i let my wife to change the wallet password and told her that we will used that Bitcoin whenever we need it for emergency only.
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November 09, 2017, 12:48:48 AM
 #158

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

the miners who started 3 years ago and still continue mining and technology lovers who started 3 years ago, these have many bitcoins today and of course there are people with a lot of money who have invested less than 2 years who now also own bitcoins.

Just one example, imagine the US people who make a lot of money, just by them getting $100,000 in bitcoin when the bitcoin price was $900 now they have good profits. I read stories of many people who bought $400,000 in bitcoin when the bitcoin price was  $900

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November 09, 2017, 02:45:18 AM
 #159

I'm sure they are not much because they sold when the $ 1200 price happened earlier this year, based on the old bitcoin holders' data and surveys of no more than 20% of the total bitcoin stock.

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November 09, 2017, 02:46:59 AM
 #160

I bought 4BTC for $4000.  Roll Eyes Should have go for more.

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