Silvermist
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December 09, 2017, 11:46:21 AM |
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For me with this increasing graph of bitcoin's price, i think it is better to just hold and wait for the right time. It is a good idea to hold for a greater income of investments.
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Yatsan
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December 09, 2017, 11:50:36 AM |
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HODL bitcoin? why and why not?
We should HOLD bitcoin rather than to sell even if the market value is already exoensive because as the demand is increasing, chances are high that same thing will happen with Bitcoin's market value so it is exoected to be more expensiv3 in the future and obviously, holding will be advantageous than to sell at this moment. |
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qwertyup23
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December 09, 2017, 01:14:42 PM |
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HODL bitcoin? why and why not?
The answer primarily depends on your goal as an investor whether for short or long term. Each option has its own implications and effects and you might want to consider it first before making a decision. Here are some of the pros and cons of having to hold it for short/long term: Short-term investments - Generally, new investors tend to invest their bitcoins in a short term basis since they want to realize profits faster. As compared to long-term investments, it is much safer due to the fact that it requires less time but also expect to have low profits at the end of the day. Though one might argue that bitcoin prices may suddenly skyrocket, you still have the choice on whether to withdraw it or not. Long-term investments - This type of investment requires time and dedication as you are saving it for future use. People who generally invest bitcoin for long-term tend to realize huge amounts of profits since they take advantage of the time by maturing their coins. The only risk that you might want to consider is the dropping of bitcoin prices as it may happen without sudden notice. Be reminded that investing your bitcoins is a high-risk, high-reward system. The value of your investment primarily lies on the price of bitcoin and there is no guarantee that you may collect profit. But by just looking at the price history index, one might observe that there has been a steady increase on the price of bitcoins over the past years. So I really do suggest that you invest right now and hope for the best. PS: Only invest money that you are willing to lose. |
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rhamzter
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December 09, 2017, 02:30:01 PM |
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to hold bitcoin is a very wise decision, why? because it can cause of price hike, many newbie people in crypto are getting panic when the price of this bitcoin decrease and they are simultaneously selling their bitcoin that can cause of price drops. so why not to hold your bitcoin for long period of time to see how many profits that you can get by holding your bitcoin.
It's hard to believe but holding bitcoin is one of the best way to earn a lot of profit. Since bitcoin value now is continues increasing I guess we have no other option. Savings and holding bitcoin was depending to the owners and I think more them are expecting that bitcoin price were growing up more, so they still holding it in the future. |
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WatchMaker
Full Member
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Activity: 518
Merit: 104
PUFFY FINANCE
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December 09, 2017, 05:07:23 PM |
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HODL bitcoin? why and why not?
People buy bitcoin because they want to make some profit. So, buying and holding bitcoin is the key because the longer you hold your bitcoins the more profit you can make. |
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Faxmate
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December 10, 2017, 05:43:21 PM |
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to hold bitcoin is a very wise decision, why? because it can cause of price hike, many newbie people in crypto are getting panic when the price of this bitcoin decrease and they are simultaneously selling their bitcoin that can cause of price drops. so why not to hold your bitcoin for long period of time to see how many profits that you can get by holding your bitcoin.
To hold bitcoin it’s very important for investor because he invest his money to earn from it and if will not keep on hold bitcoin then it’s useless for him and I think it’s a right decision to keep on hold bitcoin and the question why to keep it on hold the answer is if someone want to buy bitcoin so definitely he will buy when the price is low and then foe sure he will wait for right time when the price go high then he will sell it out. |
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jackhdt
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December 10, 2017, 06:02:26 PM |
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HODL bitcoin? why and why not?
People buy bitcoin because they want to make some profit. So, buying and holding bitcoin is the key because the longer you hold your bitcoins the more profit you can make. it will completely correct when that price Bitcoin will increase over time. and I also believe that the price will still rise up |
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usekevin
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December 10, 2017, 06:05:05 PM |
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It would be better to hold bitcoins.$17,000 is really such a tempting price so that most would be deciding to sell it.But they should realize that CME ,CBOE have not yet released bitcoin futures yet and its already this ATH price now and after they issue bitcoin futures,BTC price would be even more high.So,it would be best to avoid regretting by selling now and just hold it for some more time.
Holding is always greater on bitcoin. Since now the price of bitcoin is recurring now,you can hold the bitcoin .Bitcoin had a power to get back his strength. Nos the price of bitcoin crossed 15400$ and then miles to go on.The price will move to 20,000$ ,you can sell the bitcoin at that time. |
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betMaster
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December 10, 2017, 08:04:58 PM
Last edit: December 11, 2017, 11:38:16 AM by betMaster |
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Holding is the better option you have at this current period. We are all waiting for the next pump of bitcoin. Lots of people expect a pump by Christmas and it is expected to reach 18k in 2018.
Unless it's an emergency and you need money, do not sell your bitcoin now. If you're worried about a drop or a correction, there is nothing to worry about it's not happening now or at least that's what we all expect.
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vintages
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December 10, 2017, 08:48:50 PM |
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Holding is the best.
It's the essential secret rule for cryptocurrency trading if you want to make your gain in a much bigger way. And when you hold, hold for considerable long time,
But bear in mind that any money you are willingly to put in it, should be money that you wouldn't be needing any time sooner.
And also bear in mind that there is always a tendency of lossing too cause you never can tell what might happen next.
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JimboToronto
Legendary
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Activity: 4004
Merit: 4482
You're never too old to think young.
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December 10, 2017, 08:55:24 PM |
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Hold.
Why? Supply and demand.
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filharvey
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December 11, 2017, 10:47:03 AM |
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It would be better to hold bitcoins.$17,000 is really such a tempting price so that most would be deciding to sell it.But they should realize that CME ,CBOE have not yet released bitcoin futures yet and its already this ATH price now and after they issue bitcoin futures,BTC price would be even more high.So,it would be best to avoid regretting by selling now and just hold it for some more time.
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Rooster101
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December 11, 2017, 11:04:25 AM |
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HODL bitcoin? why and why not?
When you are looking for long term investment, bitcoin will be a good pick and hodling it for just several weeks or a month will still result in some profits because of its daily upsurge of prices. The outcome of bitcoin future first day of trading proved that bitcoin continue will to go up as demand for bitcoin rise up more. |
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mharz
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December 11, 2017, 03:13:31 PM |
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HODL bitcoin? why and why not?
When you are looking for long term investment, bitcoin will be a good pick and hodling it for just several weeks or a month will still result in some profits because of its daily upsurge of prices. The outcome of bitcoin future first day of trading proved that bitcoin continue will to go up as demand for bitcoin rise up more. Since bitcoin value for now is unpredictable fluctuation, I think it's better to hold it for the meantime, because I'm sure that when bitcoin price is become stable they will simply increasing their value slowly but surely. Otherwise more people now are standing by because they were expecting much higher value of bitcoin in the market this coming last week of the year. As per speculation of some analyst bitcoin price will reach $20K but in my speculation bitcoin value will touch $20K on 2018. |
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sunsilk
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December 11, 2017, 03:17:49 PM |
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Holding bitcoin is a good practice of patience. While you are holding your bitcoin there is another thing that you are doing and that is to be patient for better profit to come in the future.
As a long term holder, there will be a lot of challenges that you can come up with. Like witnessing it's growth and at also the falling of bitcoin.
It will teach you become stronger too.
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nl247
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December 11, 2017, 03:24:44 PM |
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HODL bitcoin? why and why not?
People buy bitcoin because they want to make some profit. So, buying and holding bitcoin is the key because the longer you hold your bitcoins the more profit you can make. Sure, one way to make it in the long run is patience. There could be some rough times, but it is better to even see them as stepping stone to greatness for bitcoin. Every investment may come with a risk and that is understandable but with bitcoin and most of the things that has been going on, I won't want to in anyway sell my bitcoin for anything. Give me at a far lesser value and then I will buy more. |
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DrGuns4Hands
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December 11, 2017, 03:26:29 PM |
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You should hold on to your bitcoin because if you are short term then you will probably gain a less or small amount of profit that you can gain if you are a long term. So i suggest that you should just hold on to your bitcoin.
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Proton2233
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December 11, 2017, 03:33:42 PM |
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I keep my bitcoins as a Deposit. They bring a good income and I do not understand why now keep their savings in banks. Everyone should have savings for a rainy day. Better to keep them in bitcoins. You are not bound to additional obligations and may at any time to use their savings. Bitcoin is the best investment for today.
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glowing10
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December 11, 2017, 03:36:37 PM |
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You should hold on to your bitcoin because if you are short term then you will probably gain a less or small amount of profit that you can gain if you are a long term. So i suggest that you should just hold on to your bitcoin.
If you have excess money than its easy to keep continuing hold because even it falls you can hold it for longer term. But if you have an average earning then its always recommended to keep drawing some profits on every high. And when the falls comes you can buy back and continue this way to get profits out of the coin. |
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Celebrity
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December 11, 2017, 03:49:52 PM |
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You should hold on to your bitcoin because if you are short term then you will probably gain a less or small amount of profit that you can gain if you are a long term. So i suggest that you should just hold on to your bitcoin.
If you have excess money than its easy to keep continuing hold because even it falls you can hold it for longer term. But if you have an average earning then its always recommended to keep drawing some profits on every high. And when the falls comes you can buy back and continue this way to get profits out of the coin. I have some personal opinions for why and why not hold it. There are only my personal opinions, but they work for me. Why to hold: -Advantage of making great profits. -Advantage of free money transfers to anybody you like. Why not hold: -Requires high amount of money. -Excessive volatility. |
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