Bitcoin holding will be worth this year or in the long run?

[lionheart78]

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 think exchanges have control overprice, they can fake volume but I doubt they can manipulate Bitcoin trading price.  Basically the price depend on the supply and demand, if they manipulate it they will be taken advantage by interexchange trader by simply buying from exchanges that have lower price then selling it on the exchange or vice versa.

What is your thought if the 10 billion worth of bitcoin will move?

Isn't this from their user?  As far as I know exchanges have cold storage for the funds their client deposited. So I guess they have no right to trade or move them except if the client decided to withdraw.


Long term holding has been believed to be rewarding someday.  So holding Bitcoin will be worh if you hodl it for a long run but of course decision is still yours.  Holding it until you reach your target price is cool too.  This does not matter whether it is for a long run,  a year or less than that.

[shoreno]

wallets on exchanges , hmmm so it means exchange own those btc or they are owned by their costumers  ? the exchange can control the price if they own those coins but if not then only thier costumers can do it but they cant guarantee  that they can fully control or manipulate the entire market since those btc arent owned by a single owner  .  other owners will choose to hold it and make a move later  .  also , your expectation of having a good price is not also assured to happen

[febriyana]

I think the big exchanger can't control price of Bitcoin.
Because if one exchanger for example raise the price so high, there is will make the different with other exchanger.
People will know soon, that is manipulation. Exchanger maybe get blacklisted or a bunch of selling process.
That is bad idea for exchanger.
For me bitcoin will worth more next year. We need wait more implementation of technology who use Bitcoin. There is hope for bullish.

[Capt00]

Though a lot of people are speculating that the bull run will happen this year but I think it may bot happen yet this year so in my opinion, bitcoin holding will be worth in the long run. But who knows, that’s only my opinion but we really can’t say for sure. Bitcoin has a lot of surprises this year and we don’t know maybe there will be another surprise which is the bull run so let’s see in the next few days. Besides, at the end of the day it is bitcoin, by being bitcoin it is always worth the risk and wait.

[seagates]

I hope, that exchanges is more intrested in higher price (this will generate more customers for them) and they will rather do pump than dump

[Artemis3]

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 doesn't matter. Any attempts of manipulating the price, will be short lived, it will return to its natural position (correction) sooner or later. For traders they can make profit (or lose, depending), but holders in the long run will keep their value.

This is the key: "keep value", as opposed to lose it slowly when using fiat (unless you live here, where you lose it quickly). Bitcoin isn't going to be a money making milk cow anymore, the more time that passes, the less difference in price it will have. So don't think buying bitcoin is going to double your money overnight, like it used to do years ago. Buy bitcoin, thinking that you are going to preserve the value of your money, as if you were buying gold.

This also means you don't need banks, and you will fare batter when the next bubble pops. Because as long as the world keeps following the School of Chicago dogma in economy, bubbles will form and pop, 2008 won't be the last...

Only the Austrian school of economy has the answer, to prevent bubbles to form in the first place, get rid of fractional reserve banking, and embrace deflation.

[jakoylantern]

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, it still depends on the market situations, maybe some articles saying that bitcoin will increase at this year or by the end of the year, but it depends on the market situation. Other ppl make some fake articles, and others not, so do your own analysis if it's genuinely correct. I much prefer the long run of holding my BTC because I don't need too much money, and also, the bitcoin value now doesn't reach my profitable rate.

[minersday]

In relation to the profitable of holding Bitcoin, it will solely depend on individual understanding of how the entire Bitcoin ecosystem works.  In as much that people think there are some kinda manipulation done by people with huge amount of Bitcoin, a long term hold will only be worth it when you understand where the market is moving towards.  In 2018 for instance, a long term hold from the middle of the 2018 would have been worthless in the first month of 2019. Understanding the market is the first time that can help you know whether a long run hold will be worth it..

[Hypnosis00]

If we imagine how it moves from $1 to $10k, does it think that it would be worthy or not? Of course, it was and Bitcoin price keep moving day by day, ups and downs but eventually, the price is totally moving high.
Holding bitcoin isn't just being profitable of today but of course, it also in the future. In fact, we have notice and we can see it through the chart since from the very beginning.

[boltz]

Keep your Bitcoin for the long run as you have much more to gain than holding for a couple of months. You want to sell it at 15-16k$ when the halv is next year ? Be smart , don't get impatience and don't panic sell. For now , you saw that 2019 was a good year but mostly a bad year for Bitcoin as its jumped from 3k to 14k but couldn't pass the 20k$ and this mean we're steal in the bear market but not for long tho. Good times ahead for Bitcoin so have a little longer patience and you'll be fine instead of just cashing out a few extra $.

[Sithara007]

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?

You can check what happened in 2012/13 and 2016/17, when the block reward halving occurred. In both the cases, the bull rally started almost 12 months after the halving and not before that. We'll be having the next block reward halving in mid-2020 and I expect the next major bull run sometime in 2021. And that is still two years away. So users needs to finalize their strategy. They need to analyze whether they can afford to hold that long. But to be honest, I don't expect any major bull run in the next few months.

[DabsPoorVersion]

If we imagine how it moves from $1 to $10k, does it think that it would be worthy or not? Of course, it was and Bitcoin price keep moving day by day, ups and downs but eventually, the price is totally moving high.
Holding bitcoin isn't just being profitable of today but of course, it also in the future. In fact, we have notice and we can see it through the chart since from the very beginning.

Yes. Bitcoin price is eventually moving forward so it will become bigger and bigger each year. Holding bitcoin would still be profitable not just this year but also in the next years ahead.And it will be even more profitable if we buy them at their very low price and then hold them for a quite period of time, and only sell them if the price hits our target selling price. Holding bitcoin is one of the safest way to make profits even without much effort to do.

There are times that the price of bitcoin is low, but it doesn't mean that its price wont increase again. Cryptocurrency is volatile which makes it hard to predict and that is something positive for us. the price of bitcoin still increasing each year. we can see downfall but we can still see that its price will not drop to zero.

[bryant.coleman]

What do you really expect this year? We have just two and half months remaining and I am not expecting any miracles to occur. What we are forgetting is the fact that Bitcoin has already given around +165% returns so far this year, and this looks extremely good when compared to the -5% return that I got from the stock market so far in 2019. Investing in gold was a bit more profitable, but the +21% return that I got from my gold ETF still dwarves when compared to what I got from Bitcoin.

My take is very simple. We have already got good returns so far this year. Now let's hold on for another 1-2 years more and see how Bitcoin is going to perform in the long term.

[metallica101]

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?

Bitcoin will go up in the long run, there is no doubt about that. As for short-term price, that can go either way, although I expect a surge in early 2020 due to the incoming halving.

[Murat]

I think holding Bitcoin could be the most profitable for me, whenever the time you want, it always makes the same sense, of course, market mechanism would be the most important thing regarding this matter, but we can't do this because It's not in our hand, When you have a thousand of Bitcoin then it would be easy to make an impact on the market otherwise we can just observe what's going on and what's coming up to this platform, Something could understand if you pay to heed properly, For me, Holding for a long time would bring a good result for sure, So short-run holding doesn't make a worthy investment for me, however, this time is perfect for collecting Bitcoin and holding for the future purpose.

[Shasha80]

I think bitcoin prices this year are still in a downtrend, so it's better to hold for this year. Or if you have more money,
you can buy more bitcoin. Because if selling right now even though the price has gone up, the profit gained is small.
So I think holding bitcoin is more valuable to hold in the long run, because bitcoin investment is in the long run the prospects
are very good and potentially reach the highest price. My prediction is that bitcoin in two years can be priced at $ 50,000.

[AicecreaME]

If we imagine how it moves from $1 to $10k, does it think that it would be worthy or not? Of course, it was and Bitcoin price keep moving day by day, ups and downs but eventually, the price is totally moving high.
Holding bitcoin isn't just being profitable of today but of course, it also in the future. In fact, we have notice and we can see it through the chart since from the very beginning.

Yes. Bitcoin price is eventually moving forward so it will become bigger and bigger each year. Holding bitcoin would still be profitable not just this year but also in the next years ahead.And it will be even more profitable if we buy them at their very low price and then hold them for a quite period of time, and only sell them if the price hits our target selling price. Holding bitcoin is one of the safest way to make profits even without much effort to do.

There are times that the price of bitcoin is low, but it doesn't mean that its price wont increase again. Cryptocurrency is volatile which makes it hard to predict and that is something positive for us. the price of bitcoin still increasing each year. we can see downfall but we can still see that its price will not drop to zero.

As long as we don't yet reach the 21,000,000 BTC in the market, bitcoin's price will continue to rise each year, that is for sure, but we can't avoid having bearish market of course, however if we reach the point where miners mined 21,000,000 BTC, the price would slowly go down until it hits zero, I'm not sure about this but this is my analysis based on the article I've read, correct me if I'm wrong.

[ashmodeus]

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?

let me think a while,
"currently Almost 7% of the entire circulating supply of Bitcoin (BTC) is held in the wallets of eight major cryptocurrency exchanges"
well, its that mean nothing.
they cant control the price, even if they want.
because its something a illegal.
exchanges just a place to put sell and buy from users to users, i also believe forex market have a same thing.
about price will going up or down, of course it depent Market players.
I only think that 7% is bitcoin that has been cashed,and the btc move to cold wallet of the exchange.
because according to some news, the investor mostly, hodl their asset both btc or another altcoins on their private wallet, not on exchange wallet.

[pundit]

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.

[traderethereum]

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.

Even if that is risky, people still invest their money in bitcoin, especially for people who know that bitcoin price will increase higher in the long term.
They don't have a problem to see the volatility of the price.
They will be patient to wait for the price to rise higher, and while the price is up and down, they will use the other money to buy more bitcoin the price is down. But if the price can increase at a little price or increase higher than the first price they bought, they will sell some part of bitcoin to take their money so they can rebuy bitcoin in the other days.
Yes, that is true that can decrease our capital, and that is why if we want to buy bitcoin, we should use the free money which we don't use for buying our needs.
I see that many people using some money that they use for buying their needs, so when the price is going down, they cannot sell at that time unless they can accept to get lost.