peterthegreat
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Presale is live!
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January 31, 2018, 08:38:27 PM |
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It is good to hold bitcoin if the need is not urgent.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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adzino
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www.Crypto.Games: Multiple coins, multiple games
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January 31, 2018, 09:22:15 PM |
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Now bitcoin price is low. If you sell now, you lose some money. I think this is the best time to buy some bitcoin and holding is the best thinking at this time. Because of potential currency, bitcoin price must be increasing again. So don't be panic. Be patience and hold your bitcoin for future.
Just investing on bitcoin and other crypto currencies with a faith that the market will rise back isn't the best thing to do. In fact you shouldn't even try to do this with crypto currencies. And sometimes it is better to sell a coin (even if you are at a loss) if you think that there is another coin that will be doing better. |
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metenjean
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February 07, 2018, 11:02:07 AM |
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I think this is another dilemma that occurs to anyone who investing in something not only in bitcoin. However this kind of dilemma is manageable by knowing what risk you wil be facing when investing in something, as we all know that bitcoin is a high risk investment, it different from gold which mostly considered as a safe heaven currency. Bitcoin volatility makes is easier to manipulated however there are also people who invest a lot in bitcoin but subjective not to the coin price but the usage of bitcoin. Will bitcoin have value in the long term condition? Or will bitcoin lose popularity and people tend to use other kind of digital payment / transactions. If someone didnt have any plan at first and investing all their money in bitcoin, then they will surely caught in this dilemma when market dropped recently and get heavy turbulance from all over the world. But if you have a plan at first and know that the money you're investing in BItcoin is not a usable money but to preserve wealth, then i'm sure you wont be facing with selling bitcoin to have cash money to eat or even buying something which is not worthed  |
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darina yurgova
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March 10, 2018, 09:08:55 PM |
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Perhaps now is the time to earn money on bitcoins, because for a day it grew by almost $ 400
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khaled0111
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Top Crypto Casino
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March 10, 2018, 10:50:10 PM |
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Don't be greedy, that's the key.
You have to sell your Bitcoins when you need them in your real life otherwise, what are they good for!! you can't keep them forever.
It is always a good thing to sell when you believe you made a good profit.
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Cherylstar86
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March 10, 2018, 10:56:43 PM |
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It is good to hold bitcoin if the need is not urgent.
Definitely it's a wise to hold a bitcoin for a long time since many of us here want a great amount of profit. On the other hand if you really a money just sell it especially on emergency purposes. I believe soon in the future bitcoin will increase and have a profit as what wish by many here in thr bitcoin community. |
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Serdaldal
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March 11, 2018, 04:58:24 PM |
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It is very sensible to keep bitcoin for a long time Bitcoin is a growing currency It is not a bad thing to shop without Bitcoini but Bitcoin goes as I go day by day and it will rise so do not shop Do you shop for 1-2 years and you can get everything.
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Angletim
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March 11, 2018, 05:10:35 PM |
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It is one question that comes to the minds of people, who are not day traders, most often in one form or the other. Looking at the soaring value of a bitcoin people make and have made a 'general' investment in bitcoins. There are again others who invest for a particular purpose like their children's education or to buy a property for instance. But whenever the right opportunity comes and when they want to sell, they are hesitant. This may be out of greed that they may miss out on even greater profits.
A long term investment is to meet the long term need of life. Throughout life there are needs. Even after the person dies, it appears there are needs hence insurance has become important. In such a scenario people do make investments for bright and secured future of themselves and their family. And this is necessary.
When such an investment is made in bitcoins, there is a chance that bitcoins may in fact prove worthy of their expectations and soar to a value that the investor initially desired. At this juncture, the investor can sell the bitcoins and choose to fulfill his desire. But most times he is tempted not to sell looking at the growth of bitcoin.
If selling the bitcoins he has invested for this purpose was the only way to fulfill his purpose, the investor of the present times seem to have been caught in confusion as to whether sell or hold.
I think it's a good investment strategy to hold bitcoin for a long time. We can't judge the price of bitcoin, and the frequent trading of bitcoins in a short period of time can be very risky for our investment. I think long-term holding can reduce the risk of investment. |
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quocsi
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March 11, 2018, 05:12:52 PM |
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I think it is a wise investment. If you do not have any reason for life, I think you should keep bitcoin for as long as possible. I think its profit will be multiplied in the future
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0t3p0t
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March 11, 2018, 05:29:36 PM |
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I understand the whole tactic of holding bitcoins for long term profits. But the whole point of investing is to gain profits and use them for your own benefit, much more during in times of need or emergencies. If you find yourself in a situation where there is an emergency and your hesitant to cash out some btc's because you still believe that its value will go higher, then the whole point of you investing is somewhat gone/changed. The notion of "holding for as long as you can" is very unrealistic, because you can't do that in real life. At some point in life, we're gonna have to cash out btc's for us to use them or do you expect to "hold" these until you die?
I like and agree with your opinion mate. This clearly says realistic events in a life of an investor. Everything in this world is nothing but some sort of survival and luck. What you have said is correct because it also applied within my situation as a hodler. My plan is to earn, buy and hodl Bitcoins but there came some unexpected emergencies which will lead to convertion from BTC into fiat currency. It all depends in every situation we have. Wealthy people choose to hodl without any problem but for an average or the lower status in the sociesty cannot do that because poverty may sometimes or even always pull us down. In life nothing is certain and we'll never know what will happen. |
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1NV3ST0NM3
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March 11, 2018, 05:35:38 PM |
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There is an old saying which says that don't invest that much anywhere what you can't afford to lose. So the same goes here. If you can't afford to invest some amount and want it desperately to meet the needs of your life then yes you should immediately sell the btc and use it wherever you want to use it. Its better to hold only that amount which you won't need in immediate future
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aris av
Copper Member
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The Standard Protocol - Solving Inflation
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March 11, 2018, 05:44:44 PM |
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It is one question that comes to the minds of people, who are not day traders, most often in one form or the other. Looking at the soaring value of a bitcoin people make and have made a 'general' investment in bitcoins. There are again others who invest for a particular purpose like their children's education or to buy a property for instance. But whenever the right opportunity comes and when they want to sell, they are hesitant. This may be out of greed that they may miss out on even greater profits.
A long term investment is to meet the long term need of life. Throughout life there are needs. Even after the person dies, it appears there are needs hence insurance has become important. In such a scenario people do make investments for bright and secured future of themselves and their family. And this is necessary.
When such an investment is made in bitcoins, there is a chance that bitcoins may in fact prove worthy of their expectations and soar to a value that the investor initially desired. At this juncture, the investor can sell the bitcoins and choose to fulfill his desire. But most times he is tempted not to sell looking at the growth of bitcoin.
If selling the bitcoins he has invested for this purpose was the only way to fulfill his purpose, the investor of the present times seem to have been caught in confusion as to whether sell or hold.
It's up to you, hold the bitcoin for future profit, or sell it for the necessities of life. I think it depends on your circumstances, if you need a fee, you are not wrong to sell the bitcoin you have. |
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PizzaBTC
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March 12, 2018, 07:11:26 AM |
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I think it is a wise investment. If you do not have any reason for life, I think you should keep bitcoin for as long as possible. I think its profit will be multiplied in the future
Holding always help u do to make good income out of your little or bigger capital. In either case, your income would become double or triple or even more. Like if someone have been holding bitcoins since 2014, their profit ratios have been multiplied. For this reason only, yeah bitcoins are preferable to be held rather to be used in worthless shopping and meeting your luxuries at such low financial position. |
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sandybindra
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March 12, 2018, 07:20:04 AM |
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There is a big difference between NEED or GREED. But those who were greedy got the highest value in Bitcoin. Market is down now, one can hold for the better results, once it will start going upside it will be late to catch the bus.
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Ronni
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March 12, 2018, 08:02:41 AM |
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For me, it is wise to hold bitcoin for a long time and wait for the perfect time in selling it. It is better to wait for the time where bitcoin's price gets larger so that it will satisfy the money that you need. When you earn bitcoin while its price is at its lowest state, it would be better to store it for a span of time so that you can see what value you want to sell it. Being patient is being important in selling bitcoin, the money that you will get will be depending on the price of bitcoin at that time, so why you rush where you can wait for the perfect time.
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