Are you holding Bitcoin?

[pixie85]

I hold bitcoins until the Bitcoin price rises to $50,000. I remain optimistic Bitcoin is resistant to the fore. In addition, Bitcoin approached halving 2020. The price will automatically rise higher.

You are very optimistic with the hope that the price of bitcoin will rise to 50k, if you can hold bitcoin up to that price and will not sell it until you get the target, wow you are extremely patient. I personally can't do that because the expectations are too high, but if holding bitcoin until the price touches 20k, I can do that.
and by the way, it's not automatically the price will go up higher just because of halving bitcoin in 2020, I'm sure there will be a process for several months after halving occurs, well after that maybe the price will rise.

Shouldn't we all be optimistic? We all know that the big resistance level for Bitcoin is 10 thousand  and then it's almost no resistance up until 20.
Being at 10 is not a big deal. 50 is nothing more than 5 times that.

If we look at previous rallies it was normal for Bitcoin to go up by 500%. In 2013 it went from 200 to 1100 in 20 days. Then from 4000 to 20 thousand in 3 months.
50 is just a number.

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[johnwest]

I agree that not every hold is a profit hold but I dont think that considers for Bitcoin. Bitcoin will be the next generation currency, It has the potential to do that. Some changes are needed which can be done by discussion in the community and resolving. Hopefully Bitcoin starts its bull run towards its ATH soon.

I want to agree with you because bitcoin will be the future currency. It is most popular among the world. I always try to buy bitcoin as possible for me.

If you are a day to day trader then I would suggest you to keep away from the volatility right now. Bitcoin is in the crazy pump and dump at this moment so keep yourself cautious and trade well.

[wildan88]

I agree that not every hold is a profit hold but I dont think that considers for Bitcoin. Bitcoin will be the next generation currency, It has the potential to do that. Some changes are needed which can be done by discussion in the community and resolving. Hopefully Bitcoin starts its bull run towards its ATH soon.

I want to agree with you because bitcoin will be the future currency. It is most popular among the world. I always try to buy bitcoin as possible for me.

If you are a day to day trader then I would suggest you to keep away from the volatility right now. Bitcoin is in the crazy pump and dump at this moment so keep yourself cautious and trade well.

Isn't this volatility very profitable for traders? if it's stable it is difficult to make a profit. It all depends on the analysis, if you can read the market, it should not worry. but if you still have difficulty trading in the short term, don't take advantage of this volatility and that is certainly risky.

[huige007]

I hold bitcoins until the Bitcoin price rises to $50,000. I remain optimistic Bitcoin is resistant to the fore. In addition, Bitcoin approached halving 2020. The price will automatically rise higher.

It's the best way to invest in bitcoin when you we don't have time to watch the market and we don't mind about the money that we invest. We gamble our life in the future, either we'll be rich if the bitcoin price really reach that price, or if won't at least we try better than not doing anything

In my honest opinion, there is no gambling in this act. Anyone who is investing in bitcoin at the movement will enjoy a secure and rich future. Gambling is all about luck but about bitcoin when expert say holds the brightest future, it is done on the basis of facts. The longer a holder keep this asset in his pocket, the juicier gets the profit amount. Within next half decade, bitcoin will be easily 50k dollars.

[conex]

Yes, and there were some articles which stated that an enormous % of btc is being hodled. I also Hodl, and trade few alts here an there. There are many people looking at btc as a longterm investment which is a good thing!

[Aikidoka]

Yes, and there were some articles which stated that an enormous % of btc is being hodled. I also Hodl, and trade few alts here an there. There are many people looking at btc as a longterm investment which is a good thing!

Bitcoin is really so good in long term investment, as we can see mostly every year bitcoin's price increase, so it's really so good at long term investement and you'll find out that you're making a good profit if you're holding a good amount of bitcoin. I'm also holding bitcoin, but not all of it, because sometimes I need it to buy some stuff online. I meant, I'm usually holding around 70% of monthly earning of bitcoin as well as part of other atlcoins.

[TIDOVEE]

however, there are also many ideas that "not every Hold is the best". If a person held bitcoin before December 2017 until now, they would still lose more than 50%.

of course not every hodl is the best and not every selling gives the best because you may sell sometimes and wished you hodl a little, the issue is hodling is not bad but it is expected be timely,at this time everyone prefer to hodl than selling especially those whose major finances depends on bitcoin there is much fear of loosing while  the rich use this medium to buy more coin.

[jcpone]

I don't hold bitcoin directly, instead I hold potential crypto's in the market, due to through this I can also gain bitcoin instantly the price kick in the market rapidly for sure. Though, I know bitcoin has really have a good future, but I'm taking my risk on holding altcoins like Ethereum, Cardano, Vechain and Pundix for a long term, were I really knew it will give a huge profit at the right time.

[fullhdpixel]

Yes, and there were some articles which stated that an enormous % of btc is being hodled. I also Hodl, and trade few alts here an there. There are many people looking at btc as a longterm investment which is a good thing!

Yes, Anyone that wants to hold Bitcoin should do their research properly, that's very important. You have to know whether you're investing that money at the right time. Nothing hurts more than when you invest money and the money drops more than 50%. This is why you should avoid buying out FOMO because the price can crash at anytime when there is a bull.

Once saw someone that complained of losing up to 80% after the last bull run because he rushed it when the price has already reached its peak, thinking that it would continue to go up, but unfortunately what happened was the opposite.

[asus09]

I don't hold bitcoin directly, instead I hold potential crypto's in the market, due to through this I can also gain bitcoin instantly the price kick in the market rapidly for sure. Though, I know bitcoin has really have a good future, but I'm taking my risk on holding altcoins like Ethereum, Cardano, Vechain and Pundix for a long term, were I really knew it will give a huge profit at the right time.

I am holding with altcoin only because give big chance to get profit than bitcoin, I only have little money for investing with crypto and altcoin become more profitable holding assets I think than have hold with bitcoin because little money investing with bitcoin not have anything effect when bitcoin have higher or lower price, just take less profit if invest with bitcoin only.

[SaShiRaJaVu]

I am holding with altcoin only because give big chance to get profit than bitcoin, I only have little money for investing with crypto and altcoin become more profitable holding assets I think than have hold with bitcoin because little money investing with bitcoin not have anything effect when bitcoin have higher or lower price, just take less profit if invest with bitcoin only.

It depends on what altcoins you are holding and when we can expect a rally in the altcoin market, generally if you look at the market bitcoin is the only coin that can guarantee a profit while the rest of the market depend on the rally in bitcoin and if we see a huge rally in bitcoin we might see a rally in the altcoin space if you look at the past rallies and if we have a rally then if you are investing in good altcoins then you might get a much profit than bitcoin.

[HarmonyA]

In one year, most of Bitcoin's rally usually occurred within a few days. Therefore, the "Hold Bitcoin" strategy is still considered the best, according to Binance Research.

In fact, in one year, the pump for Bitcoin only happened in a few short days, and most of the rest was sideway. Therefore, it is easy for investors to miss the pump if they are not regularly watching the market.

According to the recently published data, since 2013, the annual growth performance of Bitcoin only occurred in about 10 days, which means that each year we will have 10 days that Bitcoin actually increases aka "pump". After this 10 days, Bitcoin will go sideway and the growth performance may decrease by 25%.

Therefore, the actual pump of Bitcoin is very short, it is only a blink of an eye compared to the rest (sideway or decline).

However, there are also many ideas that "not every Hold is the best". If a person held bitcoin before December 2017 until now, they would still lose more than 50%.

If you are an investor who does not have much time to observe the market, nor know the analysis of charts, then the Hold option is the best for you.

And for investors who like to "trade", certainly Hold is not their choice, because the short-term waves are the time when they make the best profit.

How about you? Are you holding Bitcoin

Holding bitcoin is still one of the most reliable. But if it takes only 10 days each year to get Bitcoin pumped, then it is discouraging to raise the hope of investors on the presumed 50 to 100 thousand increase of Bitcoin. Should we say that these prices are hyped to attract investors, while speculators make their massive gains in every pump? Binance is a top crypto exchange that makes it reliable when it comes to crypto data analysis.
Despite all the analysis, i am holding bitcoin and also have a portion for day trading.

[ReiMomo]

I am holding with altcoin only because give big chance to get profit than bitcoin, I only have little money for investing with crypto and altcoin become more profitable holding assets I think than have hold with bitcoin because little money investing with bitcoin not have anything effect when bitcoin have higher or lower price, just take less profit if invest with bitcoin only.

It depends on what altcoins you are holding and when we can expect a rally in the altcoin market, generally if you look at the market bitcoin is the only coin that can guarantee a profit while the rest of the market depend on the rally in bitcoin and if we see a huge rally in bitcoin we might see a rally in the altcoin space if you look at the past rallies and if we have a rally then if you are investing in good altcoins then you might get a much profit than bitcoin.

The reason that top of my priority is to hold bitcoin than the altcoin. Bitcoin is very volatile and I think it has to take advantage to get profit when we are in trading. If you are going to ask me, yes, I'm holding bitcoin into my safe hardware wallet and keep it safe in a place that I only know. I am waiting for the final count down of the next halving will come probably the price of bitcoin will begin to walk at that time.

[TheGreatPython]

Holding Bitcoin from now on will do you much good in the future as the price of Bitcoin will rise one day soon. I think one day Bitcoin will do a lot of good and occupy our whole world In other words,In other words, it is likely that this will be the biggest transaction. no sell holding now.

You are right as someone who claimed that he visited future also told publicly that BTC will be a huge thing by 2025. I am not someone who suggest others to buy BTC because it will be huge in future because if I do that, people rely on me if price goes down they will blame me. This is how I explain people, since the existence of BTC the average price of BTC has only gone up. The average price I explain as the every day price divided by 30.

You will notice that yes btc has fallen a bit but then you see on average and even if it has gone down, it's really negligible and when it goes up, it just goes bonkers!

This is my theory of HODLING (I love to use this word  ) bitcoins

[joshy23]

I don't hold bitcoin directly, instead I hold potential crypto's in the market, due to through this I can also gain bitcoin instantly the price kick in the market rapidly for sure. Though, I know bitcoin has really have a good future, but I'm taking my risk on holding altcoins like Ethereum, Cardano, Vechain and Pundix for a long term, were I really knew it will give a huge profit at the right time.

Well I guess you also have to consider that holding majority of your asset to bitcoin can give decent while waiting for those Alts to pump hard. Bitcoin as the main pair inside the market would rise first before any Alts that being mentioned inside your portfolio. Though we do have our own opinion about this industry and everyone is free to decide whatever they think is best for their investment. Good luck to you.

[adzino]

It depends on what altcoins you are holding and when we can expect a rally in the altcoin market, generally if you look at the market bitcoin is the only coin that can guarantee a profit while the rest of the market depend on the rally in bitcoin and if we see a huge rally in bitcoin we might see a rally in the altcoin space if you look at the past rallies and if we have a rally then if you are investing in good altcoins then you might get a much profit than bitcoin.

The pattern you are talking about is not always the same. Sometimes you will see that when the price of bitcoin starts to rise, altcoins starts to drop/bleed and then after a while the altcoins starts to rise back again. This usually happens because when the price of bitcoin starts to go up, people sells their altcoin in order to invest on bitcoin to maximize their profit. Thus the price of altcoin starts to fall while the price of bitcoin gets further boost. Once the price of altcoin has gone down enough, people starts to purchase their altcoins again, but this time at lower price, thus causing the price to go back up again eventualy.

[Triffin]

Before, I hold many bitcoins but now I do not have bitcoins. I do not hold bitcoins because the market is red where it consists of lower highs and lower high. I'm a momentum trader and a trend follower where I will only hold a coin or a stock if the market is bullish where it consists of higher lows and higher highs.

Even if the market was in red situation they did not say we cannot hold or buy some bitcoin for now and it depends on us if we want to hold bitcoin. Im holding some bitcoin right now even do the price of bitcoin are to low and Ill think this will a time to buy bitcoin. And I believe bitcoins it can be a comeback to take a price of $10,000 in next month.

This is just your personal prediction and the current market situation does not support this market so Bitcoin will not be able to grow well in the next few months. I think by the end of this year the market will be very chaotic and the psychology of investors is often very afraid when investing so Bitcoin will not be able to return to $10,000. However, if you can wait patiently for a few more years, your chances of making a profit will be higher.

Of course, there are great chances that long-term storage of Bitcoin will bring really very good results, but you need to take into account the fact that long-term investments can be made only by wealthy people who are not too worried about monthly income.  If a person acquired Bitcoin, then in order to achieve the maximum result, you need to wait perhaps a few years at least.

If you ask me, the percentage of chances of a bitcoin holder to become a successful rich person in the future is not less than hundred. The whole market looks at this digital currency for making progress. It is the king of the kings and the most precious asset of all times. People who depend only on bitcoin for their earnings, should try trading. That way, a long wait does not need to be done.

[BitcoinTurk]

No, I lost all my money in cash last month because I suffered a huge loss and I haven't bought Bitcoin again.  I'm waiting for the last days of December to buy again because a new wave of downturn may occur at the end of this month.  On the other hand, I would like to point out that if I buy at today's price, I have a profit margin on Bitcoin basis.  I'm determined to wait for the end of the month to get Bitcoin again, leaving my job to chance, and see what my decision will return to me.

[Wend]

Before, I hold many bitcoins but now I do not have bitcoins. I do not hold bitcoins because the market is red where it consists of lower highs and lower high. I'm a momentum trader and a trend follower where I will only hold a coin or a stock if the market is bullish where it consists of higher lows and higher highs.

Even if the market was in red situation they did not say we cannot hold or buy some bitcoin for now and it depends on us if we want to hold bitcoin. Im holding some bitcoin right now even do the price of bitcoin are to low and Ill think this will a time to buy bitcoin. And I believe bitcoins it can be a comeback to take a price of $10,000 in next month.

This is just your personal prediction and the current market situation does not support this market so Bitcoin will not be able to grow well in the next few months. I think by the end of this year the market will be very chaotic and the psychology of investors is often very afraid when investing so Bitcoin will not be able to return to $10,000. However, if you can wait patiently for a few more years, your chances of making a profit will be higher.

Of course, there are great chances that long-term storage of Bitcoin will bring really very good results, but you need to take into account the fact that long-term investments can be made only by wealthy people who are not too worried about monthly income.  If a person acquired Bitcoin, then in order to achieve the maximum result, you need to wait perhaps a few years at least.

If you ask me, the percentage of chances of a bitcoin holder to become a successful rich person in the future is not less than hundred. The whole market looks at this digital currency for making progress. It is the king of the kings and the most precious asset of all times. People who depend only on bitcoin for their earnings, should try trading. That way, a long wait does not need to be done.

Ill think many holders in here rich because of bitcoin right not only hundreds maybe more than that. And yes we know bitcoins we call it a king of crypto cause of this will always in a top spot and no one can replace it even do the etherium cannot surpass bitcoin to be number one. Trading bitcoins it was early for us to earn but we know how risky on when it comes for trading.

[pixie85]

I don't hold bitcoin directly, instead I hold potential crypto's in the market, due to through this I can also gain bitcoin instantly the price kick in the market rapidly for sure. Though, I know bitcoin has really have a good future, but I'm taking my risk on holding altcoins like Ethereum, Cardano, Vechain and Pundix for a long term, were I really knew it will give a huge profit at the right time.

So you're not holding Bitcoin but hoping some of your altcoins pump and you're able to sell them and get Bitcoins? This is so naive. By doing this you're risking a lot because these coins can lose a lot in an instant and if you look at the altcoin market in general it's losing a lot of value every year. Coins that are pumping are very rare and they tend to lose much more than Bitcoin.
Also by holding altcoins to get bitcoin you're missing the possible pump on bitcoin. If your altcoin pumps but Bitcoin also does at the same time you won't gain anything. Converting an altcoin to Bitcoin will leave you with roughly the same number of bitcoins. You're playing a high risk - low reward game.