Can bitcoins continue to hold?

[xieoyueyue]

A has 100 thousand deposits, all invested in bitcoin, A's rich two generation has 10 million deposits, and 100 thousand bought bitcoin.
Bitcoin has risen from $1 to $20, up 20 times. Do you sell it or not? If you continue to go up, you should choose to take it, but if it suddenly falls to $10, do you sell it? They sold 10 times as much as they could, and no one could sell them. Yes, Mr. A sold it, and the assets rose from $100 thousand to 1 million. He was happy.
However, A Jun's two generation of friends has forgotten that he has bought bitcoins, and he doesn't have time to pay attention to this thing, because 100 thousand yuan is not worth considering for him.
Shortly after, bitcoin continued to rise from $20 to $200, up to $1000, and A's knot was 99 million! His two generation friends finally found his own bitcoin assets, which was a big surprise to him. He sold bitcoin and was smart.
As we all know later, bitcoin has been up to 20000 dollars up to now, and the two generation is also missing 1 billion 900 million. If the rich two generation is Wang Sichong, I think he should be able to keep bitcoin for a long time.
In this case, you may think I mean - the poor are getting poorer and the rich are getting richer. On the surface, it seems to be the truth, but the premise of this story is that A Jun, A Jun's two generation friends and Wang Sichong didn't have a deep understanding of bitcoin, nor did they have faith.

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[akmittal]

Bitcoin can be hold at any price even present price $20000. Because there are on 10 percent chances to dip Bitcoin and 90 present chances it will go up.

[davis196]

I kinda understand your point.Holding bitcoins as an early adopter is like winning millions from the lottery.
He didn`t work to earn those millions,he just bought some btc and forgot about them.Is this fair?
Is this capitalism?I don`t think so.Rich people have to earn their millions by creating succesfull businesses and implementing great innovations,not by speculation.

[Herbert2020]

whenever someone is talking like this they are always missing a couple of important things. sometimes even intentionally they choose to ignore the facts.

lets say this Mr. A. who you are talking about invested a large amount of money in bitcoin when it was $1 and then it dropped down to 0 and disappeared. would you be making the same topic and sympathizing with him about the large amount of money he lost? of course not. then why are you talking about him when he has already taken a huge risk and gotten the reward for that risk he took.
the worst part is, you could have done the same but you chose not to! and now you are paying for it.

the other thing you are missing is the fact that someone who has let say 100BTC is not going to sell all of it. he may even add more to it over the years and only sell a very tiny amount if he ever needs to.

[TheGodFather]

A has 100 thousand deposits, all invested in bitcoin, A's rich two generation has 10 million deposits, and 100 thousand bought bitcoin.
Bitcoin has risen from $1 to $20, up 20 times. Do you sell it or not? If you continue to go up, you should choose to take it, but if it suddenly falls to $10, do you sell it? They sold 10 times as much as they could, and no one could sell them. Yes, Mr. A sold it, and the assets rose from $100 thousand to 1 million. He was happy.
However, A Jun's two generation of friends has forgotten that he has bought bitcoins, and he doesn't have time to pay attention to this thing, because 100 thousand yuan is not worth considering for him.
Shortly after, bitcoin continued to rise from $20 to $200, up to $1000, and A's knot was 99 million! His two generation friends finally found his own bitcoin assets, which was a big surprise to him. He sold bitcoin and was smart.
As we all know later, bitcoin has been up to 20000 dollars up to now, and the two generation is also missing 1 billion 900 million. If the rich two generation is Wang Sichong, I think he should be able to keep bitcoin for a long time.
In this case, you may think I mean - the poor are getting poorer and the rich are getting richer. On the surface, it seems to be the truth, but the premise of this story is that A Jun, A Jun's two generation friends and Wang Sichong didn't have a deep understanding of bitcoin, nor did they have faith.

Bitcoins and cryptocurrency continue yo hold as per their characteristics. THis is very important as even if it has reached altogether a brand new prices and its reach has already spread and widened there are still a lot of holdings that need to be done

[Madmim]

Bitcoin can be hold at any price even present price $20000. Because there are on 10 percent chances to dip Bitcoin and 90 present chances it will go up.

Where did you find this probability? Please don't take it negatively but from trading point of view bitcoin price will go up and down and it will happen based on supply and demand. But 10% and 90% seems groundless to me.

[AlwaysJanuary]

Because there are on 10 percent chances

Nobody can predict the future.

[simantobd]

Bitcoin can be hold at any price even present price $20000. Because there are on 10 percent chances to dip Bitcoin and 90 present chances it will go up.

i am agree with you.bitcoin is buy able for anytime, it is great assets that can give you a much of  profit anytime.I love to hold bitcoin.

[Nellayar]

Bitcoin can be hold at any price even present price $20000. Because there are on 10 percent chances to dip Bitcoin and 90 present chances it will go up.

10% and 90% are too far from reality. I think no one can anticipate bitcoin price, if it will go down or up. We just should be updated to the price if we want to have profit. If we are scared when bitcoin falls down then sell it. Probably, sometimes holding bitcoins in a long term of period is good also. Somehow, bitcoin proves that its volatility is not a way for the bitcoin to be vanished in cryptocurrency, as what 2013 happened. Let just await until the future comes and anticipate what are good for us.

[btcprospecter]

People will continue to hold bitcoin to speculate on its future no one can tell where it will be in 6 months let alone years from now. Richer people will be able to invest more heavily into bitcoin than the average person and are more likely to be able to hold as they are not in any rush for the fiat they have invested.

[grandbrad02]

I think Bitcoin is for the holding purpose even the price is really high. So just hold and sell it when you want to end your Bitcoin's career and make profit from real life.

[sarfwr]

Yes, why not continue to hold bitcoin? The total amount is always at a certain point, so the price will continue to rise.

[CutieDuck]

Yes it can. We must optimist about that.
Buy bitcoin same as buy shares. If we can predict it, the price of bitcoin will be valuable and give many advantages for us. We can't predict about the future, but I think if bitcoin can exist in the world's trading maybe we have a bright future to trade bitcoin.
Because of the transparancy, safe and easy use bitcoin maybe someday bitcoin will legal in all country and became one of the currency exchange in trading  

[iamTom123]

A has 100 thousand deposits, all invested in bitcoin, A's rich two generation has 10 million deposits, and 100 thousand bought bitcoin. Bitcoin has risen from $1 to $20, up 20 times. Do you sell it or not? If you continue to go up, you should choose to take it, but if it suddenly falls to $10, do you sell it? They sold 10 times as much as they could, and no one could sell them. Yes, Mr. A sold it, and the assets rose from $100 thousand to 1 million. He was happy. However, A Jun's two generation of friends has forgotten that he has bought bitcoins, and he doesn't have time to pay attention to this thing, because 100 thousand yuan is not worth considering for him. Shortly after, bitcoin continued to rise from $20 to $200, up to $1000, and A's knot was 99 million! His two generation friends finally found his own bitcoin assets, which was a big surprise to him. He sold bitcoin and was smart. As we all know later, bitcoin has been up to 20000 dollars up to now, and the two generation is also missing 1 billion 900 million. If the rich two generation is Wang Sichong, I think he should be able to keep bitcoin for a long time. In this case, you may think I mean - the poor are getting poorer and the rich are getting richer. On the surface, it seems to be the truth, but the premise of this story is that A Jun, A Jun's two generation friends and Wang Sichong didn't have a deep understanding of bitcoin, nor did they have faith.

There have been many stories with almost similar to what you shared here. People who have forgotten that they got some Bitcoin tucked somewhere and years after just learned that the value of Bitcoin has already risen to astronomical heights. What a pleasant surprise indeed to learn of such a fortune. Of course, there are similar stories but twist of fate intervene because they lost their Bitcoin bu unfortunate events sometimes already beyond their control. Actually similar stories became part of the Bitcoin narrative which magnified the kind of mystique it is inhibiting especially to newcomers to the Bitcoin scene. The big lesson with these stories is that it can be good to just forget something for years and later on rediscover that something to one;s big surprise. We should be looking this way if we can all afford it. And right now, we can still do it -- just buy some Bitcoin, forget about it and maybe 5 years from now see how far has the investment have gone. 

[talkbitcoin]

Bitcoin can be hold at any price even present price $20000. Because there are on 10 percent chances to dip Bitcoin and 90 present chances it will go up.

present bitcoin price is around $14,000 and rises up and down from this while traders are accumulating bitcoin before the next rally starts.

but i agree that the chances of rising are so much higher.
we are on the verge of adoption explosion, and things have a higher chance of speeding up towards higher prices rather than anything else. and this is just the beginning of the rises to come.

[Twentyonepaylots]

It depends on you if you want to hold your bitcoins, because holding bitcoins is like putting your money inside a time deposit account, the only difference is the profit in holding bitcoins is much larger than time deposits. so if you changed your mind and decided to withdraw your bitcoins then that is your choice only no one can stop you from doing that.

[manoj kumar k]

yes bitcoin can be hold for more period of time because now the price of one bitcoin is 16000 dollar but within 3-4 months it may reach upto 50000 dollars and also this is not the ending this is the begining step for the bitcoin it will reach till 100000 dollar in future

[joanshu]

There are lot of people who has done the same .The bought bitcoins and forgot about it and years later they sold it when the price hiked then only they recollected that they had bitcoins in their wallet that they bought in the past.There are several cases which i came to know.

[noictib]

A has 100 thousand deposits, all invested in bitcoin, A's rich two generation has 10 million deposits, and 100 thousand bought bitcoin.
Bitcoin has risen from $1 to $20, up 20 times. Do you sell it or not? If you continue to go up, you should choose to take it, but if it suddenly falls to $10, do you sell it? They sold 10 times as much as they could, and no one could sell them. Yes, Mr. A sold it, and the assets rose from $100 thousand to 1 million. He was happy.
However, A Jun's two generation of friends has forgotten that he has bought bitcoins, and he doesn't have time to pay attention to this thing, because 100 thousand yuan is not worth considering for him.
Shortly after, bitcoin continued to rise from $20 to $200, up to $1000, and A's knot was 99 million! His two generation friends finally found his own bitcoin assets, which was a big surprise to him. He sold bitcoin and was smart.
As we all know later, bitcoin has been up to 20000 dollars up to now, and the two generation is also missing 1 billion 900 million. If the rich two generation is Wang Sichong, I think he should be able to keep bitcoin for a long time.
In this case, you may think I mean - the poor are getting poorer and the rich are getting richer. On the surface, it seems to be the truth, but the premise of this story is that A Jun, A Jun's two generation friends and Wang Sichong didn't have a deep understanding of bitcoin, nor did they have faith.

Yes this is big truth that rich becoming richer day by day and poor going to poor day by day . In actual here a type of risk always involve in the heart of poor people that if they will invest in bulk then probably they will loss ( if not going everything in Thier favour ) Everything , but opposite of this rich people have no fear for small amount , for example if they are looking to invest then they will invest atleast 1-2k $ because this will be very small amount for them and they can forget if it turned into loss and if it will changed into multiple times profit then they can make big and much big again and again .
Here simple example is here for bitcoin , that price is going down and stable , ofcourse those poor people who invested will sell Because of Panic of loss , but here rich people see it as a opportunity that they should buy at low price .

[louie69]

A has 100 thousand deposits, all invested in bitcoin, A's rich two generation has 10 million deposits, and 100 thousand bought bitcoin.
Bitcoin has risen from $1 to $20, up 20 times. Do you sell it or not? If you continue to go up, you should choose to take it, but if it suddenly falls to $10, do you sell it? They sold 10 times as much as they could, and no one could sell them. Yes, Mr. A sold it, and the assets rose from $100 thousand to 1 million. He was happy.
However, A Jun's two generation of friends has forgotten that he has bought bitcoins, and he doesn't have time to pay attention to this thing, because 100 thousand yuan is not worth considering for him.
Shortly after, bitcoin continued to rise from $20 to $200, up to $1000, and A's knot was 99 million! His two generation friends finally found his own bitcoin assets, which was a big surprise to him. He sold bitcoin and was smart.
As we all know later, bitcoin has been up to 20000 dollars up to now, and the two generation is also missing 1 billion 900 million. If the rich two generation is Wang Sichong, I think he should be able to keep bitcoin for a long time.
In this case, you may think I mean - the poor are getting poorer and the rich are getting richer. On the surface, it seems to be the truth, but the premise of this story is that A Jun, A Jun's two generation friends and Wang Sichong didn't have a deep understanding of bitcoin, nor did they have faith.

Yes this is big truth that rich becoming richer day by day and poor going to poor day by day . In actual here a type of risk always involve in the heart of poor people that if they will invest in bulk then probably they will loss ( if not going everything in Thier favour ) Everything , but opposite of this rich people have no fear for small amount , for example if they are looking to invest then they will invest atleast 1-2k $ because this will be very small amount for them and they can forget if it turned into loss and if it will changed into multiple times profit then they can make big and much big again and again .
Here simple example is here for bitcoin , that price is going down and stable , ofcourse those poor people who invested will sell Because of Panic of loss , but here rich people see it as a opportunity that they should buy at low price .

I think Bitcoin may continue to hold as long as many people are still investing and making profit for the coming months. With this, more and more people are trying to join Bitcoin transactions as they were aware that they will able to earn much profit by trading their BTC funds on the perfect timing considering the market value tends to go up the market value will increase.