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Author Topic: Are you holding Bitcoin?  (Read 4139 times)
salad daging
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January 03, 2020, 02:33:57 PM
 #241

there are actually more altcoins in my portfolio, but the aim is to continue to buy bitcoin, it's easier to multiply altcoin trading assets compared to bitcoin, if it remains stable to increase value, I just need to wait for the time to buy bitcoin when it looks like it's entered a reversal phase trend, today is also good enough to get profit from altcoin.

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January 03, 2020, 04:25:32 PM
 #242

Yeah, Bitcoin is indeed the best choice for the current market situation. Moreover, it has entered 2020 where the Halving day is getting closer. Everyone hopes that Bitcoin will have a higher price accompanied by the recovering price of Altcoin as well

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Boov
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January 03, 2020, 04:44:57 PM
 #243

Yeah, Bitcoin is indeed the best choice for the current market situation. Moreover, it has entered 2020 where the Halving day is getting closer. Everyone hopes that Bitcoin will have a higher price accompanied by the recovering price of Altcoin as well
Yeah you are right. Bitcoin is the best and nothing can beat bitcoin. Even if I have a traumatic experience in some order forums which where they accused me wrong accusations and banned my account and in that account they denied my right to withdraw my btcs. But still I am holding new btcs in my yobit account for the preparation in the halving season.
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January 03, 2020, 07:37:28 PM
 #244

Yes I hold and save some Bitcoin.  Not too much indeed, but at least I have a Bitcoin deposit as a lock on my hopes someday.
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January 04, 2020, 02:00:45 AM
 #245

I have bitcoins but I do not recommend to hold it for a long period of time. My trading skills will be a waste if I will not use it. I prefer to trade it than to store it in my wallet for a long period of time. Holding can sometimes bad for our portfolio because we should be aware that there is a right time and wrong time in terms of holding bitcoin. I saw a lot of people who keep holding bitcoin, but the problem is they keep experiencing losses.
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January 04, 2020, 03:05:01 AM
 #246

I have bitcoins but I do not recommend to hold it for a long period of time. My trading skills will be a waste if I will not use it. I prefer to trade it than to store it in my wallet for a long period of time. Holding can sometimes bad for our portfolio because we should be aware that there is a right time and wrong time in terms of holding bitcoin. I saw a lot of people who keep holding bitcoin, but the problem is they keep experiencing losses.
I guess your trading skills will not gonna waste even you hold your bitcoin for a long period of time because you can trade with different cryptocurrencies like ethereum. They only hold bitcoin because they know it will be pump soon but still we are not sure about it. You might right that holding can be also lead to huge losses but sometimes it can also lead to your success. It depends to the people if they going to hold their bitcoin for a long period time and I know all people who hold bitcoin are seeks for a great income that's why they don't hesitate to hold it.
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January 04, 2020, 03:08:36 AM
 #247

I agree with you because I think now is the best time to buy Bitcoin This is a good investment and everyone knows the price is likely to rise upfront Now if we buy Bitcoin and hold it we can make a lot of profit.

I can't say that it is a good investment but I do agree that it is the best time to invest.

Bitcoin is a risky investment, everyone knows that. Most of the profits that we've accumulated is not a joke, even though we are just riding with the fact that we are investing in a volatile cryptocurrency, it is risky. We don't know what will happen and I think that it is so naive and so optimistic to say that we can already earn "a lot of profit" from it.
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January 04, 2020, 05:30:57 AM
 #248

Yeah, Bitcoin is indeed the best choice for the current market situation. Moreover, it has entered 2020 where the Halving day is getting closer. Everyone hopes that Bitcoin will have a higher price accompanied by the recovering price of Altcoin as well

Exactly, Bitcoin is always good to hold and grab whenever the price drops, yes, we are very close to 2020 where the halving day is getting closer which many have higher expectation after Bitcoin halving, it will take some time to recover the price after having. Which we have to wait and see how far the price of Bitcoin is going to be after halving.

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January 04, 2020, 05:40:49 PM
 #249

Many of us here are Bitcoin holders, but not all of us are able to hold until the pump happens because there are some of us who make use of our earnings within the time we get that money. Therefore, not everyone can wait in a year for the ten-day period, but there are some people who will keep until that time, but they will be cut off because they are greedy to gain more.
Yes, for sure I do hold Bitcoin and that’s really one of the best thing to do. I do not only hold Bitcoin, I hold Ethereum as well and today there was an increase and the price reached $132 as I’m writing this. A true crypto adopeter will definitely focus on buying and holding rather than just hunting for profits for the investments. Holding will enable them to "use" cryptos for day today life one day but profit minded people will only "sell" cryptos.

So, it is really good and Hodl is just like the easiest thing that anyone who is interested in cryptocurrency can do, since there isn’t much work in doing it except checking the price and analysis to know where the market is really heading to. But, there is no assurance that you’re going to make profit.
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January 04, 2020, 06:13:31 PM
 #250

Yeah, Bitcoin is indeed the best choice for the current market situation. Moreover, it has entered 2020 where the Halving day is getting closer. Everyone hopes that Bitcoin will have a higher price accompanied by the recovering price of Altcoin as well

Exactly, Bitcoin is always good to hold and grab whenever the price drops, yes, we are very close to 2020 where the halving day is getting closer which many have higher expectation after Bitcoin halving, it will take some time to recover the price after having. Which we have to wait and see how far the price of Bitcoin is going to be after halving.

That point is the main mistake which many holders do and then they regret when they see the price rising again because many people sell their bitcoins when the market drops losing some amount of money and do not show patience to hold even in bear market and when a bull run occurs they miss the train and then some lose heart to put their money in bitcoin again and some invest when the price rise higher and get a small amount of bitcoins than they had before they sold. The genius holders are those who do not grab money from bitcoin when the price drop and hold their bitcoins for long time no matter what condition comes in the way so in the last they becomes millionaires with their holdings.
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January 04, 2020, 06:18:16 PM
 #251

Many of us here are Bitcoin holders, but not all of us are able to hold until the pump happens because there are some of us who make use of our earnings within the time we get that money. Therefore, not everyone can wait in a year for the ten-day period, but there are some people who will keep until that time, but they will be cut off because they are greedy to gain more.
Yes, for sure I do hold Bitcoin and that’s really one of the best thing to do. I do not only hold Bitcoin, I hold Ethereum as well and today there was an increase and the price reached $132 as I’m writing this. A true crypto adopeter will definitely focus on buying and holding rather than just hunting for profits for the investments. Holding will enable them to "use" cryptos for day today life one day but profit minded people will only "sell" cryptos.

So, it is really good and Hodl is just like the easiest thing that anyone who is interested in cryptocurrency can do, since there isn’t much work in doing it except checking the price and analysis to know where the market is really heading to. But, there is no assurance that you’re going to make profit.

Some of your words deserve attention, a true crypto adopter will have some coins for holding, for trading, and from time to time will spend some coins on something, it's how economy is growing bigger. I hold bitcoin and ethereum, at least I have some in several wallets, I have other coins too, I have some tokens, some of them I use for trading, or gambling, some are just for holding, depending on the wallet where they are, I have some weird system that I develop for years.
Crypto market just started its journey, only 10 years are behind us, many coins are much younger. Crypto market and some projects are very promising, crypto time is yet to come, what we see until now were people, but in one moment companies and countries will start the next wave, that will be much bigger then the one in 2017.

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January 05, 2020, 01:14:30 AM
 #252

Yes I hold and save some Bitcoin.  Not too much indeed, but at least I have a Bitcoin deposit as a lock on my hopes someday.

But you should also be careful.

You don't know when will it happen so better be wary of the changes that is happening. Bitcoin and almost all of other cryptocurrencies tends to change so fast that you might not get a track of it especially in the future, since we don't really know what might happen at that time.
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January 05, 2020, 04:00:39 AM
 #253

I'm trying to accumulate some amount of Bitcoin because think Bitcoin features a better future and it'll do far better. the rationale still scared to place bitcoin money is because we all know tons about bitcoin would be much easier for us to truly have the thought.

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January 05, 2020, 06:42:11 AM
 #254

Yes, I have some satoshis, because Bitcoin is the most profitable asset of the decade and I hope that it will still show its growth. I may even believe John McAfee that Bitcoin will be worth $1 million. If this happens, I am sure that John McAfee's reputation will soar as high as the price of Bitcoin. I think all investors should have at least some share of bitcoins in their portfolio.

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January 05, 2020, 03:29:04 PM
 #255

Yes I hold and save some Bitcoin.  Not too much indeed, but at least I have a Bitcoin deposit as a lock on my hopes someday.
All of us have some dreams and some planning about our investment so I also have some bitcoins and I am holding all of them for long term because I know with holding it will give me all what I want. Bitcoin is best coin for holding and it has huge potential to fulfil all your hopes related to bitcoin and I am also bitcoin long term holder.

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January 05, 2020, 04:06:55 PM
 #256

Yeah, trade profit depends on a trader's levels of knowledge and practice.
But also, it depends on his/her skills in using statistics and assessing possible opportunities and risks.

Well, we have some definite statistics, as the topicstarter has noted: bear market is usually long-term lasting for several months whereas bull market is usually short-term lasting for several days or a few weeks. I would also add that this period is usually an n-year cycle (a 1-year cycle in most cases). Thus a trader has an opportunity to make a long-term profitable trade lasting for at least 1 year.
And this is the statistics data we have.
So now, using this available statistics, we may assess possible opportunities and risks.
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January 05, 2020, 04:07:18 PM
 #257

I'm still keeping my bitcoin and waiting for the price to go up and I think it could happen next year after halving as the price could go down and bounce back like in year 2016. Bitcoin holding is also much preferred by anyone as it is a safe thing for a long-term investment and the price increases every time it is halved. But even if you were still in a bear market, we can still take advantage of the market. Hopefully in the future bitcoin will make us all rich

it is certainly the hope of everyone, making bitcoin as a long-term investment that can provide benefits in the future. most people choose to save bitcoin for the long term because they think it's the simplest way and can avoid panic when the market price has dropped very sharply

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January 06, 2020, 11:09:43 AM
 #258

I'm holding and at the same time, spending a percentage of it for other investments and expenses.

I got a weekly payout from my current signature campaign and at the same time, I have a work so it covers up my expenses. I want to hold some Bitcoin to for the future. I still believe that Bitcoin will rise in the next few years in a slower pace compare to what happened last 2017. I know that there are some who are holding too but it is more profitable if you trade your Bitcoin in different exchanges as long as you are capable to do it Cheesy.

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January 06, 2020, 03:01:46 PM
 #259

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 still holding Bitcoin after 2017, half of my income from signature campaign is for the holding balance too. I hope Bitcoin will pump after halving day.
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January 06, 2020, 03:32:26 PM
 #260

I've been holding bitcoin since 2017, I really can't tell if I made the right decision or not especially watching it hit 20k and I didn't sell. Well, I holding, hoping it reaches 20k again.

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