Bitcoin Hold

[michellee]

Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?

You are a very lucky kid. You are younger, but you are aware of the technology. You can hold your bitcoin and don't sell it right now, and I think that is a good idea while you prepare your study. I am sure if you can buy more bitcoin and hold it until the price increase higher, you will be one of the lucky kids who become a millionaire. Not many kids will do what you did because, in their ages, they will only think about having fun with their friends.

[capcaypro]

Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?

You're one lucky 13 years old imagine you have that amount at that age and you have that thinking at a very young age, when every boy at your age are all playing mobile legend and doing other stuff online, while you are planning to buy and HODL Bitcoin, if you are comfortable at your investment then you can proceed.
When you reach 18 years old and you're still holding that Bitcoin I'm pretty sure you will be rich at 18.

Your suggestion is waste of time, Because he is not active in last three months. I think he just try the Bitcointalk then sleep again. So we must avoid these kind of spam threads because already many spam threads are available in this forum. Bitcoin is a forever trusted Cryptocurrency so everyone believe the long term investment.

They just want to discuss here about the price of bitcoin and long-term investment, yes there are lots of threads like this that not everyone reads,

Bitcoin is the future so don't hesitate to invest.

Yeah bitcoin is future it has good potential to increase. We can invest and hold without any fear.  Holding is the best options now a day,  Price is going to increase certainly so we should keep holding its going to be safe investing and holding. I have trust for bitcoin i keep investing my money without any fear, holding  bitcoin just easy way to gain profit.

Holding bitcoin has nothing to lose because at the time of falling prices will not fall, especially with news from several pieces that bitcoin will reach its peak next year, if that happens why don't we invest bitcoin from now much better.

[trumpman]

Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?

God, I wish I had entered into cryptos in your own age. I assume your parents pay everything for you which means you can take more risks and have more free time than the average joe who has bills to pay.

I'd say to invest some of your pocket money every month into BTC and then try to do as many bounties, faucets etc you can in your spare time to accumulate btc and other alts for free. Little by little they will add up and who knows, maybe by the time you are an adult you will have amassed a small fortune! Don't forget though to diversify. Investing in BTC in your age is cool but make sure to invest in yourself too! Study hard and learn skills that you can use to bring food on the table, regardless of BTC's price

[barota]

Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?

You should be wary little of Internet technology, for example, there are several sites that use fraud
Yes,for you; the only way to make a profit is to hold your bitcoin in a safe place for long term and avoid transferring money between sites without reason

[aysg76]

Yeah bitcoin is future it has good potential to increase. We can invest and hold without any fear.  Holding is the best options now a day,  Price is going to increase certainly so we should keep holding its going to be safe investing and holding. I have trust for bitcoin i keep investing my money without any fear, holding  bitcoin just easy way to gain profit.

Exactly, Bitcoin is the future since it is based on one of the most revolutionary technologies i.e. blockchain. It has gathered great global attention in such a short span due to its enormous potential that had profited many in the entire world. And from the past few years, it had turned out to be one of the most secure and successful investments. Investing in BTC and holding it had always proven to be a quite profitable deal and that's the reason why it's always in great demand...

[el kaka22]

If you think bitcoin will go up you can use the leverage option as well but for someone who is 13 years old and barely got into bitcoin I would advise against that honestly. I would suggest just holding for now. You are only 13, if you have bitcoins right now that means 10 years from now if bitcoin reaches over 100k+ which is a great possibility you will be rich and be able to pay for a lot of stuff with it.

So, you have the time to wait, you are super young and that is great in bitcoin world, bitcoin came out when I was 18 years old, if I bought back then now I would be super rich, I didn't but you still have that chance ahead of you, do not sell when bitcoin goes up a bit, wait until you really need money one day, if you can wait years for it eventually you will have a lot of money.

[7788bitcoin]

I'm worried on how you are keeping your bitcoins now? where you have keep them? on a hardware wallet?

His parents might have locked him up as he might have used his parents money and purchased bitcoin and we have not seen him again after creating this thread about his exploits at a very young age, not sure how he got the money at 13 years of age to invest in bitcoin. Investment is an adults game and if you are not having any job there is no way they can invest with legit ways and hence i will not encourage kids in any forms of investment.

[Skyshark]

Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?

You're only 13 and yet you're already doing some investing. Good for you. It is such a delight to know that a 13 year old exhibits an interest in one very complicated investment such as Bitcoin.
Looking at the value you've bought your BTC, it will be really wise to hold it for some time because at this moment, Bitcoin's value is just above the $8K mark. So literally you've already lose some. Another thing, why settle for just the $20K mark? If i may suggest, just hold it for about 10 years from now. Who knows, Bitcoin maybe worth way, way more than just $20K by then.

[coinfinger]

Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?

You should be wary little of Internet technology, for example, there are several sites that use fraud
Yes,for you; the only way to make a profit is to hold your bitcoin in a safe place for long term and avoid transferring money between sites without reason

I think he would even have no choice right now than to keep accumulating his coin because of his age and exchanging the coin on exchanges, I am not sure of this, but I think i read someone where they say people of his age may not be allowed to transact on any of these exchanges except he transfer the coin to someone’s wallet which is quite risky to do.

He might eventually watch the price of bitcoin grow to $50000 in future which I am sure that before he is even up to age, bitcoin might have even grown to $100k or $150k. Lucky him to have accumulated this coin at that stage right now, it is a good decision that he has made and I hope that like you rightly advise him, he is able to keep his coin in a safe place for future purpose.

[Darooghe]

We all reach our long targets, when we can just sit back, ignore the FUD, stop watching the price constantly, and HODL to what we have. Hodling is the only long-term strategy that works. If BTC does become highly adopted and used as a currency, it will easily reach that price you said, and should be a lot less volatile. Volatility is super high right now cause the market is tiny. BTC is just not ready yet to fully convert into a world currency, so it's best to acquire as much as possible. Over time, more growth, steady price increase, less volatility, it will all compound and eventually reach the pinnacle, when spending and holding don't matter anymore.

[aysg76]

We all reach our long targets, when we can just sit back, ignore the FUD, stop watching the price constantly, and HODL to what we have. Hodling is the only long-term strategy that works. If BTC does become highly adopted and used as a currency, it will easily reach that price you said, and should be a lot less volatile. Volatility is super high right now cause the market is tiny. BTC is just not ready yet to fully convert into a world currency, so it's best to acquire as much as possible. Over time, more growth, steady price increase, less volatility, it will all compound and eventually reach the pinnacle, when spending and holding don't matter anymore.

    For sure an investor will have to keep holding if he really wants to get benefit from crypto coin investment and it Always takes long to recover the price till then only holding is a profitable way of cryptocurrencies investment. Holding actually gives safety and satisfaction about gaining profit. Panic selling is the worst thing you do in crypto currency.

Yeah, as long as you hold, there would be nothing to lose as I think it is the safest thing to do in this market. But that requires a lot of patience and devotion since only then you'll be able to maximize the profit from it because more the time spent, more would be the profit...

[taiwww]

For sure an investor will have to keep holding if he really wants to get benefit from crypto coin investment and it Always takes long to recover the price till then only holding is a profitable way of cryptocurrencies investment. Holding actually gives safety and satisfaction about gaining profit. Panic selling is the worst thing you do in crypto currency.

Right, I never prefer exiting market at loss, no matter what! Holding coins even if their value is lower than for what you bought signifies that there is still the possibility of making profits. Once you sold your investment, you lost the chance of making any future profit. So my suggestion is to always hold coin if it is in loss because eventually every loss could be corrected to profit.

[Wysi]

For sure an investor will have to keep holding if he really wants to get benefit from crypto coin investment and it Always takes long to recover the price till then only holding is a profitable way of cryptocurrencies investment. Holding actually gives safety and satisfaction about gaining profit. Panic selling is the worst thing you do in crypto currency.

Right, I never prefer exiting market at loss, no matter what! Holding coins even if their value is lower than for what you bought signifies that there is still the possibility of making profits. Once you sold your investment, you lost the chance of making any future profit. So my suggestion is to always hold coin if it is in loss because eventually every loss could be corrected to profit.

Panic selling is the worst thing anyone could ever do as it's a self damage which they incur due to rumors, but when it comes to day traders it's more profitable for them during the market fluctuations than the stable period as they make profit out of both the pump and dump. Even I don't personally sell crypto when market is going down but rather I convert them to BTC or ETH for better chance of survival.

[maydna]

Panic selling is the worst thing anyone could ever do as it's a self damage which they incur due to rumors, but when it comes to day traders it's more profitable for them during the market fluctuations than the stable period as they make profit out of both the pump and dump. Even I don't personally sell crypto when market is going down but rather I convert them to BTC or ETH for better chance of survival.

Convert the coin into BTC or ETH will be a solution to prevent the losses, especially if we are going to see the price is down deeper. That can be a chance to buy back the coin if the price has already reached the lowest price. But for bitcoin, as long as you don't sell it whenever the price is down, you are not losses, but you still have a chance to see your bitcoin value will increase back. But to know that time, you need to wait for a while and don't panic selling even if the price is down because you use a long term investment strategy.

[Taskford]

For sure an investor will have to keep holding if he really wants to get benefit from crypto coin investment and it Always takes long to recover the price till then only holding is a profitable way of cryptocurrencies investment. Holding actually gives safety and satisfaction about gaining profit. Panic selling is the worst thing you do in crypto currency.

Right, I never prefer exiting market at loss, no matter what! Holding coins even if their value is lower than for what you bought signifies that there is still the possibility of making profits. Once you sold your investment, you lost the chance of making any future profit. So my suggestion is to always hold coin if it is in loss because eventually every loss could be corrected to profit.

Panic selling is the worst thing anyone could ever do as it's a self damage which they incur due to rumors, but when it comes to day traders it's more profitable for them during the market fluctuations than the stable period as they make profit out of both the pump and dump. Even I don't personally sell crypto when market is going down but rather I convert them to BTC or ETH for better chance of survival.

Well if they are easily affected with the fud then that would be there natural reactions and they are prone to huge losses since they can't control their emotions to contradict the market situations. But if they know how to do the stop loss and wait for perfect time to buy then they will not worry on anything since they have a good chances to regain back especially if they are into bitcoins and eth tradings.

[gandame]

Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?

You are young but you are so smart at age of 13 you buy bitcoin and you want it to hold. Good for you my dear. Hold your bitcoin and you will wait at the right time to sell it. I know you have a big faith on bitcoin thats why you invest in bitcoin.

[FanEagle]

as long as you hold, there would be nothing to lose as I think it is the safest thing to do in this market. But that requires a lot of patience and devotion since only then you'll be able to maximize the profit from it because more the time spent, more would be the profit...

In bitcoin investment, no one is a loser until they panic sell their coin, but for anyone that sold without panic selling, they are also not a looser because they would have eventually made their profit, but for Long-term holders, I think that they are still the ones that will enjoy bitcoin the most because bitcoin in future will still eventually get to a price value where every investors that has currently put money from the time of bear till now will all have some profit to make.

I know that most people that are quite worried now are the ones that still have their money locked in the $19800 of the last bull run, but they have still not missed out as the price of bitcoin in the next bull run will surely go 3x of that amount, so the op has really made a very right choice at her age.

[Inkdatar]

Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?

You are young but you are so smart at age of 13 you buy bitcoin and you want it to hold. Good for you my dear. Hold your bitcoin and you will wait at the right time to sell it. I know you have a big faith on bitcoin thats why you invest in bitcoin.

This kid is very clever at his age he is interested in crypto and even invested in bitcoin. When I was young I know nothing and didn't think to earn money. But this person makes a great decision in life to earn money. At this point good to hold btc and wait for the price to surge up so he can able to have profit.

[error08]

If someone already has a target to hold, let it be. But in many cases, Bitcoin will reach a higher price which makes people regret like; ahhhh if I wait for a little bit longer will get higher profit. Or another case waiting for so long, procrastinate to sell but then the price plummeted in a short period.

[Ayiranorea]

Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?

You are young but you are so smart at age of 13 you buy bitcoin and you want it to hold. Good for you my dear. Hold your bitcoin and you will wait at the right time to sell it. I know you have a big faith on bitcoin thats why you invest in bitcoin.

It is more evident more young people is getting into cryptocurrency users. At the age of thirteen means it is too early to know much about technology. What he preserves now will get him financially free in five to ten years of time. There are already few examples of young people who have made themselves millionaires investing on bitcoin,most popular being Erik Finman.