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Author Topic: Bitcoin holding will be worth this year or in the long run?  (Read 871 times)
crossabdd
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October 13, 2019, 04:40:49 AM
 #81

Well, whales have control over the prices on the market. they can make pumps and dump easily, I hope prices will continue to rise. due to limited stock. my opinion about the price of a 10 billion bitcoin, that's very good. and I am waiting for the highest price to come again. I hope that will happen soon.
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October 13, 2019, 06:04:57 AM
 #82

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?
I do not follow the rumors, I only focusing in price action. The bitcoin is stil in the bear market and it will take more months before it will go to sideways. Always remember that we should only buy bitcoin if there is a confirmation of market reversal where the bearish market will be a bull market.
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October 13, 2019, 06:10:13 AM
 #83

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?
I do not follow the rumors, I only focusing in price action. The bitcoin is stil in the bear market and it will take more months before it will go to sideways. Always remember that we should only buy bitcoin if there is a confirmation of market reversal where the bearish market will be a bull market.
Well since we all know that the price of bitcoin this time is not so high but we are still hoping that it will rise up again until the end of this year. But it won't then we might wait patiently for its value to increase. By the way, bitcoin investment is good for the long term. I believed that there is ATH coming and suppose to be there is a next halving happen, so it worth it to wait for the long term.

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lighpulsar07
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October 13, 2019, 06:27:30 AM
 #84

Well i think in long run look what happened in epic bull run of 2017, many holders since the beginning have been profited more than what they bought since we all know the price of it was 20000 usd before it crashed it raised 20x from the price of 2017 which is 1000 usd so, that alone can prove that bitcoin can be good in long term. On the other hand i think that bitcoin is worth of holding this year why? Because in last few months bitcoin soared back to 10,000 and now holding to 8000 and in 2020 the halving happens and some experts say it will raise the price of bitcoin so, just hold on it..
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October 13, 2019, 06:36:47 AM
 #85

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?
It seems that the bitcoin will not become bull market in this current year. It will take more years before the market will become bull again. There are tools that we can use in order to identify the trends like moving avarage.  If you use 200 MA, you will see that the ma is still above the price and it will take more time before it will dive below the price where it can be called as bull market.

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October 13, 2019, 06:56:06 AM
 #86

Holding is always meant on long term. And that is not six weeks or six months.
Still everything depends when amd on what conditions did you get your coins and what is your final goal, so it's individual. Of course there is possibility that meanwhile the value will drop but in some moment it will also recover.  But many users don't have enough patience to hold their coins long enough and then holding turns into loss instead of profit.

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October 13, 2019, 07:04:16 AM
 #87

A lot of the users are commenting that Bitcoin will go up after the block reward halving. But I would like to remind everyone what happened to Litecoin after its block reward halving a few months ago. The LTC prices had gone up by quite a bit in anticipation of the halving. But once the block reward occurred there was a major crash in the exchange rates.
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October 13, 2019, 07:07:58 AM
 #88

Bitcoin is good to hold in a long run because i know and i believe that bitcoin can reach the $20k. So if i give opportunities to have bitcoin i will hold it for long run for to get a good and big profits.
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October 13, 2019, 07:11:36 AM
Last edit: October 13, 2019, 01:59:20 PM by Sebas.tian
 #89

There are speculations that we might see bullish thread before the year runs out but the validation is not confirmed. Although as the price is getting better, we may see a good signs of the bullish but may not be long term. For those who are able to hold their coin maybe the most luckiest for a long term period.

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October 13, 2019, 07:40:38 AM
 #90

If some one or company holding many bitcoin I sure they can control with bitcoin price, we have closed with them to know when bitcoin will be raise to higher price and when they will make bitcoin down, with thousand bitcoin assets in their wallet very easy how to make price bitcoin dump and higher, just take moment when have to make bitcoin really in lower price by make bad news and when have to make bitcoin higher price with publish positive news of bitcoin.

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October 13, 2019, 07:55:27 AM
 #91

Considering the fact that Bitcoin is yet to reach its peak valuation, it may not be a bad idea to wait for another 2-3 years before deciding to cash out your Bitcoin holdings. But at the same time, I won't blame anyone if they want to sell their coins right now. Bitcoin is a volatile currency and there is no guarantee that it will continue to go up in the future. The exchange rates depend on a lot of other factors, in addition to the supply-demand balance. These include government regulations, competition from the altcoins, adoption by merchants.etc. It is very difficult to predict them currently.
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October 13, 2019, 07:58:45 AM
 #92

Bitcoin holding will be worth in this bullish time every year in the month of nov btc will see positive pump in btc prices we can see profits in nov
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October 13, 2019, 08:57:18 AM
 #93

I think for now the holder of bitcoin will benefit because by holding bitcoin later in 2020 there will be halving bitcoin which means bitcoin will be more difficult to obtain and will make bitcoin prices more expensive and will provide many benefits for bitcoin holders.

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October 13, 2019, 09:33:11 AM
 #94

There are speculations that we might see bullish thread before the year runs out but the validation is not confirmed. Although as the price is getting better, we.may see a good signs of the bullish but may not be long term. For those who are able to hold their coin maybe the mist luckiest for a long term period.
The current price of Bitcoins shows that the valuation of bitcoins has been stabilized and we know that when the price of bitcoins stablizes for a while that means that we might be going to a bullish run very soon maybe during the end of the year or early next year. We might see the value going up and even surpassing the $20K value some years back.
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October 13, 2019, 09:51:17 AM
 #95

It is always risky to put your money in volatile currency like Bitcoin.It may increase your capital to many folds in a few months and the same time it can decrease your capital many folds. Think about the people who bought Bitcoin at $19K and even after 1.5 years they are at less than 50% of their capital.
I am not against investment in Bitcoin but people should always calculate the risk before investment. In my opinion investment in Bitcoin will be fruitful in coming years. If someone invests amount for 4-5 or more years, he/she may get good return.
Agree, this is a fact that people should pay attention to before holding bitcoin because the volatility of bitcoin is always a very important point, it is the key to deciding whether we will profit or lose in the process we hold this year or long term, many people have had great profits in the past but many are also regretting when they hold it for so long. Risk is not measurable exactly, according to my personal feelings, smart holding and in the short term will be better, the longer the time, the more dangerous the market
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October 14, 2019, 01:36:39 AM
 #96

I think for now the holder of bitcoin will benefit because by holding bitcoin later in 2020 there will be halving bitcoin which means bitcoin will be more difficult to obtain and will make bitcoin prices more expensive and will provide many benefits for bitcoin holders.

This is true. By mid 2020, we'll be having the next block reward halving and the annual supply would be declining from BTC656,250 to just BTC328,125. That means that there will be a shortage of around BTC1,000 in the market every day. At first, this may not sound like a big amount, but if we adjust the daily trade volumes to remove the inflated figures from some of the exchanges, then it is clear that this much amount can result in a major impact.

But that said, there is no guarantee that the prices will spike following the block reward halving. For example, we had the Litecoin block reward halving a few months back (on 5th August, 2019). The exchange rates actually went down following the halving. So we can't be 100% certain that the Bitcoin prices will increase in 2020, once the block reward halving occurs.
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October 14, 2019, 02:06:39 AM
 #97

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?

We know this year there are no exact prediction about BTC's price.. however, many people now are curious about btc's popularity. we can't undo how people attract by the price and spread it to others. so I think it is worth to hold btc for long run. but for me, relax until 2020. I will wait for the exact time on that year.  

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October 14, 2019, 02:13:00 AM
 #98

Looking at the patterns at which the market value of Bitcoin throughout the beginning of 2019 till now, the market price of Bitcoin might be very worth holding till the end of this year. Based on my observations and analysis, it is quite possible for the market value of Bitcoin to hit $15k before the year 2019 comes to an end. This makes bitcoin worth holding till the year comes to an end.
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October 14, 2019, 04:35:16 AM
 #99

I mean, we cannot really say or no one here can really know or predict whether bitcoin holding will be worth this year on in the long run. It is obviously because we cannot really predict it. There might be some factors that can help us predict it but it is a usual sight were our predictions were wrong. The onyl way that we can know about it is to hold and hold, and let the time answer it.

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October 14, 2019, 05:00:08 AM
 #100

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?
For me now, there is still no sign of a market reversal so we should expect that the bear market will still occur. The market has a life cycle so it is a reality that the bull will come but it will take more years so let's be patient.
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