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Author Topic: Are you holding Bitcoin?  (Read 4133 times)
ethereumhunter
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November 19, 2019, 09:02:37 AM
 #61

Small example for 1 day ago when bitcoin was reduced by around $ 300, I had to quickly convert it to tether and cancel all orders. In this case I also hold bitcoin flexibly with an effort to suppress the total assets so as not to fall, but this is temporary until finally I buy bitcoin 1 level less in the current support area, I still position bitcoin in a long-term condition.

If you already have tether, you can buy more bitcoin if the price still going down because that will be the best time for you to buy bitcoin. I think this situation will be like this for this week because I don't see that bitcoin price will be back to the higher price unless there is good news that is happening, so that will make the price get a pump. But if you prefer to hold the other bitcoin you have, you should be careful because we don't know if bitcoin will be increased soon or it will go down for more.

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November 19, 2019, 11:13:53 AM
 #62

I HODL Bitcoin in every confusing market situation Grin
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November 19, 2019, 11:32:35 AM
 #63

I'm holding Bitcoin no matter what the market situation is. Looking back at the history of Bitcoin, we could notice that Bitcoin could boom in a short period of time and that's what most investors are waiting for. It's best to wait for the bull market to approach. If we are not full time traders, we could hold until we reach the best time for us to sell. Day traders could sell and buy again especially if they got all their time to observe the price movement.
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November 19, 2019, 03:18:09 PM
 #64

Bitcoin is and always will be the gold standard of cryptocurrencies.
No matter how close other altcoins ever come in terms of market value or other features.
BTC will always stick to the first position.

I used to think that ETH might surpass BTC and it got really close at the start of 2018 but I guess it was just a huge pump.

I have a little less than half holdings in BTC and the rest is divided in ETH, XMR and LTC.
So yes, I'm holding BTC and I'll keep HODL it for the foreseeable future.
I agree with you mate. Bitcoin is the backbone of digital coin market and nothing can takes it place. It was, is and will remain the king of crypto currencies. The possibility of altcoins reaching bitcoin’s worth is less than one percent. Just look at the difference in values of bitcoin and ethereum, which is king of altcoins. Ethereum is a good choice but cannot compete bitcoin at all in terms of profits.
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November 19, 2019, 03:26:27 PM
 #65

People should realize that bitcoin will never be in the "perfect price" ever again for you to get in, it will never be x price and as soon as you buy become 100x, those days are long gone and it will never be that quick and that high.

Right now, if it goes to 20 thousand dollars which is literally the all time high it will be making around 2x-3x increase in total and that won't make you forget all your life troubles type of money, no money that you can only double could change your life bigger than you think unless you go all-in and have it quickly. Long story short if you want to hold bitcoin you should know that you are in it for long, not short quick get rich quick scheme type of deals.

If you are willing to wait 10 years that means you will do good, if you want to get out after 5 months that means you should not even get in.

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November 19, 2019, 06:28:47 PM
 #66

If you are willing to wait 10 years that means you will do good, if you want to get out after 5 months that means you should not even get in.
That doesn't make much sense. In 10 years the price can be much lower than what it is today, and if that turns out to be the case, you wasted a whole decade waiting for the price to go up a lot so you can live a comfortable life.

If you invested in Bitcoin earlier this year and held for 5 months, you did extremely well. This just shows that you have to make a rational decision based on the technicals rather than the fundamentals.

Fundamentally, Bitcoin is much stronger today than it was in 2017 when it peaked at $20k, but the price is ~60% lower today....

BSV is not the real Bcash. Bcash is the real Bcash.
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November 19, 2019, 06:40:49 PM
 #67

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

I used to do a lot of trading but i have become a HODLer for a couple of reasons:

1) The new tax laws in America make it very complicated to keep track of every trade. Plus many exchanges no longer allow American customers on their main exchanges.

2) Trading takes a lot of work and it doesn’t seem to pay off unless you are very good at reading charts and can control your emotions during volatility.
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November 19, 2019, 07:02:58 PM
 #68

Of course everyone in the crypto space will hold the Bitcoin and what about the reason you have but we have faith on BTC and that coin will bump to the next peak value over the 20k USD in the marketplace

While planning for investment everyone will focus to invest on BTC than any other places.

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November 19, 2019, 07:17:24 PM
 #69

not sure that it's good idea... i'm sure that price fall down. Look at the graph for the latest 12 month... And look at the graph from Jul 2019... The graph goes down!
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November 19, 2019, 08:57:06 PM
 #70

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.

How about you? Are you holding Bitcoin
I agree with you on some of your point but the major problem people/ investors do have is greedy mind set that usually make some of us feel that the pump is not over yet  and before we know it the market will start declining.

I am holding Bitcoin and some other altcoins with the believe that after halving next year my investment will bring bumper return.
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November 19, 2019, 10:03:19 PM
 #71

not sure that it's good idea... i'm sure that price fall down. Look at the graph for the latest 12 month... And look at the graph from Jul 2019... The graph goes down!
We are now in a month of november 2019 dont go back in the past, We want the future about bitcoin.
It is not a problem if the bitcoin go down the price it is not the a first time of bitcoin go down or up.
We are so glad that bitcoins are still stable the price to $8k and $9k.

As of now Im holding some bitcoin on my wallet to believe that have a comeback to take a price of $12k or more than that price in this year or end of this year.

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November 19, 2019, 10:55:35 PM
 #72

not sure that it's good idea... i'm sure that price fall down. Look at the graph for the latest 12 month... And look at the graph from Jul 2019... The graph goes down!
We are now in a month of november 2019 dont go back in the past, We want the future about bitcoin.
It is not a problem if the bitcoin go down the price it is not the a first time of bitcoin go down or up.
We are so glad that bitcoins are still stable the price to $8k and $9k.

As of now Im holding some bitcoin on my wallet to believe that have a comeback to take a price of $12k or more than that price in this year or end of this year.
That was amazing...
Having positive insights into the market will help us personally to keep calm. We are almost 2 years not experiencing bull run but seeing how the market trend goes on, it is still good and full of excitement. I can't leave for the hope that we will soon be having a great day in crypto (most likely) as it happens before.

Yes, it was great seeing prices aren't falling down deeper just like last year. For this is a reason why people are still giving their trust despite of all the struggled they are facing since last year until today. I could stand and keep holding by Bitcoins until such time that it has no value.



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November 19, 2019, 11:22:39 PM
 #73

(...)
How about you? Are you holding Bitcoin
Currently my positions are ; almost 40% Bitcoin and 60% fiat.
I am very strict on my portfolio now, if I have some personal wants or needs, I am using my fiat or Bitcoin just to make my portfolio balanced and also different on the price of Bitcoin when I am converting it to fiat.
And sometimes, I am converting my fiat to Bitcoin, especially when there are some dump on the price.

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..BUY/ SELL CRYPTO..
Vitalicus
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November 20, 2019, 03:46:40 AM
 #74

(...)
How about you? Are you holding Bitcoin
Currently my positions are ; almost 40% Bitcoin and 60% fiat.
I am very strict on my portfolio now, if I have some personal wants or needs, I am using my fiat or Bitcoin just to make my portfolio balanced and also different on the price of Bitcoin when I am converting it to fiat.
And sometimes, I am converting my fiat to Bitcoin, especially when there are some dump on the price.
The way of dividing your capital is really good for long term profit. I think holding fiat will give you more investment options if the market goes down because a lot of coins are currently very cheap and can be considered at this time. Most of the people in this market choose to hold Bitcoin but the thing that worries me the most is that the bear market is still making the value of this coin decrease so the risk can happen at any time.

Shimmiry
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November 20, 2019, 05:18:14 AM
 #75

How about you? Are you holding Bitcoin

Holding Bitcoin is still the best deal if you are looking to make long term profits. Many of my friends are in loss because they invested in altcoins but few who held bitcoins are still in profit. I will prefer to keep my portfolio in bitcoin for long term and buy altcoins only for short term duration.

When I already see the graph of the bitcoin, and it was low, then I decide to invest just a hundred dollars. Still, the price of the bitcoin is going low until now, when you see the graph of the btc from 9000 dollars and still going down into 8000 dollars because there some people holding their btc it affects on the market. I decided to keep my coins; if i pull out those investments, i will lose almost 30 percent instead of getting profit.

tonyvo2017
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November 20, 2019, 06:53:02 AM
 #76



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
In fact, I have learned about TA and I know when to take profits and when to buy. all are displayed on the chart and after a period of constant speculation, hold and trading, I suddenly realized that speculation yielded the highest winning rate. because crypto businesses don't want to share dividends and holding will not bring much benefit. Besides, trading will make us stressed if we are not familiar with the working environment. Only speculation will help us to make big profits after strong fluctuations.
I do not hold much bitcoin, I only buy a lot when the price plummets around 5% - 10%, then will sell when it recovers.

stepwilli
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November 20, 2019, 08:29:06 AM
 #77

Just holding with short term plans may not help any trader but profits focused on long-term will change anyone into rich and I don’t think that there is any potential coin that does not eventually get a rise in the value of bitcoin when the time for bull run comes, which is called the altcoins season, but the only coin that I can guarantee are very good to hold are the top 10 to 20 coins which of course we know that Ethereum is still the second best project that we have in the market for now.

Holding bitcoin and Ethereum will really profit you in the long run which I think you should continue holding because if you don’t hold Ethereum or bitcoin, I don’t know any other coin that you will be able to hold to give you maximum profit in the future, so don’t get confused or get everything twisted on yourself, the value of Ethereum will still  rise I believe.
Visbay
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November 20, 2019, 08:45:19 AM
 #78

I HODL Bitcoin in every confusing market situation Grin
This is really good if you keep on holding your bitcoin because holding is the best way to make money from trading with bitcoin and also investing becomes profitable for long term holders. Now a day price is good so the same as you I am going to buy some Bitcoin and hold them until the price becomes double. Holding is the major rule of investing your money in bitcoin.
akmal1984
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November 20, 2019, 09:53:00 AM
 #79

The best option for me right now is to trade bitcoin on a daily or weekly basis. I have never saved bitcoin for a long time. The longest does not reach 1 month. For now I am not so sure saving bitcoin in the long run will be more profitable than we do daily trading.Maybe you also feel it for yourself how the bitcoin market last year.
NeironixNV
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November 20, 2019, 09:55:57 AM
 #80

As a long-term investor, I am just a hold of bitcoin. I don’t think this is scam, because too much investment goes into the development of cryptocurrency infrastructure and, in general, into blockchain technology. In addition to infrastructure, new financial instruments (futures, options) are created that will only fuel the interest of investors and traders from the classic segment of the financial market. Also, the development of the bitcoin network itself is ongoing work on improving the program code. In connection with all this, I see a bright future for Bitcoin and continue the hold.  Cool

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