Genemind
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December 09, 2020, 10:16:40 AM |
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I became active in this forum just about 3-4 years ago and most of my Bitcoin from that time had already been used or sold since I had to pay for my expenses. Only a few people have that patience and financial capability to hold their investment that long. I am holding some crypto bow and I am intending to hold it as long as possible till bitcoin reaches it's new ATH.
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lovesmayfamilis
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Merit: 4532
✿♥‿♥✿
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December 09, 2020, 10:54:37 AM |
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I agree with you that among the people who are on the forum there are those who have significantly enriched themselves during this time. And today these are not the same people who participate in subscription campaigns. Therefore, I doubt that they will simply read such topics. I really like to read the message histories of accounts with early registration date. And yes, I meet people who bought bitcoin or participated in giveaways back in 2013. And since then, their bitcoins, which were not numerous at that time, have grown. But they still remain loyal holders. Speaking about myself, I am very sorry about those bitcoins spent earlier. Moreover, they were spent on the most common nonsense.
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MCobian
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December 09, 2020, 12:04:08 PM |
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I don't care who has held Bitcoin for more than 5 years, because even if I know the person, it won't give me any benefit. So why find out the privacy of other people, I better focus on the Bitcoin that I have. I want to share a little about my first experience of collecting Bitcoin from various faucets, from 2015 to 2017 I managed to collect 0.1 BTC. Then in 2017 I tried trading and gambling. Finally, my total Bitcoin reached 0.7 BTC and I sold all of them when the Bitcoin hit a price of $ 15,000.
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Vishnu.Reang
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December 09, 2020, 12:04:57 PM |
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I became active in this forum just about 3-4 years ago and most of my Bitcoin from that time had already been used or sold since I had to pay for my expenses. Only a few people have that patience and financial capability to hold their investment that long. I am holding some crypto bow and I am intending to hold it as long as possible till bitcoin reaches it's new ATH.
I haven't come across a lot many people, who have held their assets for more than three years. Extremely long term investments (>5 years) is common only in real estate and bullion sectors. In most of the other sectors, the average duration of the investment is less than 3 years. Even among the earliest Bitcoin users, only a small minority has held on to their coins from the pre-2013 period.
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mezzaluna
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★Bitvest.io★ Play Plinko or Invest!
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December 09, 2020, 12:47:49 PM |
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Hey Guys, Just curious to see who has held bitcoin on this forum for more than 5 years? And also, if you've sold it, when did you got in and when did you sold out?
Cheers!
HODLing Bitcoin for 5 years is already profitable when you are earning them slowly. Stacking up and investing on Bitcoin before resulted in a profitable outcome because of the rise in Bitcoin's value. I only learned Bitcoin within the last 5 years and I wasn't enthusiastic enough to learn it before and that is why I'm utilizing my time to learn everything I can within the Cryptocurrency Industry.
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bitterguy28
Full Member
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“FRX: Ferocious Alpha”
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December 09, 2020, 01:10:50 PM |
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?
I feel like during the downs, most have sold out. The whales scoped up and took it to new highs and when fomo kicked in, average joes jump back in and the whales dump the coins and the cycle starts again.
This may be true who knows as if whales will admit this manipulation,But indeed that people will Sell their Bitcoin knowing that in 2017 the price multiplied and everyone who Holds bitcoin for at least 1 whole year are the one who take the opportunity to Say "That Was a real Bull run" so they might replaced their coin in more cheaper because after months the value drops half or more so Buying again may double.triple or even quadruple your holdings. People who held onto Bitcoin for more than 5 years are the true believers. Everyone else are only speculating and only get stung by the big players.
Like that the account you Quoted, admittingly That in any instance you may release your coins either intentional or not yet it will Gone partly in our hands.
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k@suy
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December 09, 2020, 03:59:08 PM |
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I purchased the bitcoins in 2017, I was hoping to expand more however, unfortunately, it starts falling than increment. I was so frustrated by watching the chart yet didn't lose my heart, I didn't sell my coins in frenzy rather I keep my they spare in my wallet for over 2 years. I am simply waiting for the cost to reach $20,000 so I can sell them and get back my all cashback.
Oh, it is too hard to wait for pump right, it's been 3years since we see the ATH, I hope it will go 20k this next year again, I doubt that we will get that value this month so we are around 18k this day right? I think this is the right time to buy bitcoin and hold it for next month, buy some alts as well since it is now in dip .
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as.exchange
Copper Member
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as.exchange
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December 09, 2020, 05:09:19 PM |
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One of our founders bought BTC early 2016 and sold @ $19.5k in 2018, and then bought again in 2020 when it was $4.8k if you are curious, you can find some of his posts about that on Twitter So you are claiming that he sold his coins when the prices reached ATH and then again purchased them, when the prices had bottomed out. Theoretically, this is the best scenario which you can imagine. But in reality, it is almost impossible to do this. We never know when the peak prices will be reached and the same goes for the lowest level as well. Yes, it is the case. Yet the best scenario would be buying it not in 2016, but even earlier, but yes - from 2016 to ATH, and then buying again this year, is still decent ROI. And no, its not impossible actually if you don't simply trade, or HODL forever, but rather analyze markets, trends, hypes, news (including fake ones - what has been pushed to masses), mining activity, etc., etc. Over time it gets natural without too much efforts.
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as.exchange
Copper Member
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as.exchange
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December 09, 2020, 05:11:35 PM |
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One of our founders bought BTC early 2016 and sold @ $19.5k in 2018, and then bought again in 2020 when it was $4.8k if you are curious, you can find some of his posts about that on Twitter So you are claiming that he sold his coins when the prices reached ATH and then again purchased them, when the prices had bottomed out. Theoretically, this is the best scenario which you can imagine. But in reality, it is almost impossible to do this. We never know when the peak prices will be reached and the same goes for the lowest level as well. For beginners it must be very difficult to make a choice. But if you have experience in this case it will definitely feel easy. Of course you have a lot to learn if you want to predict the price of bitcoin correctly. But also must be prepared for the risks. Yes, you are absolutely right. It must have been hard to continue keeping when it hit $10k, then $15k, and then selling at almost 20k, but experienced people in investments know well about human biases, and mass market biases, as well as correlations and connections between various factors which might seam independent. So once someone master those, it's not too hard in the end. There are way harder things than that.
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bitcoinermatt
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December 09, 2020, 05:41:01 PM |
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I entered Bitcoin in 2013 by mining. I was doing mining with my PC and I had earned through faucets too. At the time, faucets paid an amount of bitcoins which is today, worth around hundreds of dollars. I kind of abbandoned Bitcoin in 2014 and sold most of my BTC. I re-entered the crypto world in 2016 and couldn't recover my coins. I am now a web dev and I do pay per job stuff. I accept Bitcoin as a method of payment and prefer it over all other payment methods. Hey Guys, Just curious to see who has held bitcoin on this forum for more than 5 years? And also, if you've sold it, when did you got in and when did you sold out?
Cheers!
May Many People Not held for 5 Years Because Is Trading. When So Profile More You Sell Your Coin What the hell are you saying
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GeorgeJohn
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December 09, 2020, 06:11:32 PM |
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Hey Guys, Just curious to see who has held bitcoin on this forum for more than 5 years? And also, if you've sold it, when did you got in and when did you sold out?
Cheers!
I bought my first bitcoin immediately I notice what is cryptocurrency after reading through the article of cryptocurrency online so I have to comprehend that cryptocurrency especially bitcoin is a feature currency, so I have no option than to purchase bitcoin in year 2015 and leave it in my wallet till a particular platform called MMM, is a investment platform popular know as ponzi scheme come in existence and took away my btc in 2016, so the btc I held could stay with me up to three years.
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Hobo66
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December 09, 2020, 06:23:17 PM |
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Hey Guys, Just curious to see who has held bitcoin on this forum for more than 5 years? And also, if you've sold it, when did you got in and when did you sold out?
Cheers!
I am a daily wager. so I really couldn't got any chance to hold bitcoin for very long time.. I make bitcoin and crypto for living. i hope one day I'll earn additional money than my needs. so I could hold them for long time. about others in this forum I don't know anyone personally who hold bitcoin for more than 5 years. but I am sure there would be a lot of bitcoiners holding for long time. including all the forum staffs and admins. and core devs. and all the old miners.
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hridoyb
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December 09, 2020, 07:20:55 PM |
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Hey Guys, Just curious to see who has held bitcoin on this forum for more than 5 years? And also, if you've sold it, when did you got in and when did you sold out?
Cheers!
There is two type holder in crypto currency some people hold for short time and increase Their asset by trading. Some people are long time holders they always Control emotional and think positive and never sell on panic time. Only a few people can do this and i think they cannot expose her self on public and it can be risky also
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Wysi
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December 09, 2020, 07:33:54 PM |
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I am definitely not one of them who held Bitcoin for iver five years but I did earn Bitcoin when it was roughly between $300 to $400 I believe and then I had to sell those when the value of Bitcoin reached $1000 and again I earned more bitcoin's through signature campaigns before the 2017 bullrun which I sold during the peak. I wish I would have held some bitcoin's when it was $300 to $400, but those who have stored heir Bitcoin from last 5 years have lot of patience and they would be really rich by now.
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hahay
Legendary
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Leading Crypto Sports Betting & Casino Platform
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December 09, 2020, 07:48:00 PM |
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I once read one of the threads on this forum that he has been holding bitcoin for a long time and even when bitcoin hit the moon in 2017 he didn't sell it, too bad I forgot who he was. Anyway, those who have been consistent in holding on to bitcoin so far are something great and I really appreciate it, because to hold on for the long term is very difficult and not something easy. Well, in life we don't know when we will experience any disaster or problem that will require large and fast funds, and when they still prioritize their investment then they are the real holders and / or investors.
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DabsPoorVersion
Sr. Member
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www.Artemis.co
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December 09, 2020, 09:34:12 PM |
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Hey Guys, Just curious to see who has held bitcoin on this forum for more than 5 years? And also, if you've sold it, when did you got in and when did you sold out?
Cheers!
I know someone who still holds his bitcoin for more than 5 years. He is currently out of the country and is unable to sell because he migrated to the US which has some restrictions in using bitcoin. I was told that if he withdraws his funds it will be known and it is against the regulation. For now, he does not have any plans yet, the only thing he said is he will decide once he goes back to our country again.
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pixie85
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December 09, 2020, 10:13:33 PM |
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I don't understand what your topic means? Very few people will be able to hold Bitcoin for more than 5 years because if Bitcoin increases, people will sell it to make a profit instead of holding it for so long.
You're wrong. Many people held for much longer because they're not after a small profit. You probably don't have a lot of money so it's hard for you to understand but people who make 100 thousand USD a year are not so crazy about selling their coins every time they go up 10%. They're more interested in the safety that cold storage gives them. I don't have a lot of money but held my bitcoins for 4 years and did not sell them when we touched 20 thousand this year.
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Kocret02
Sr. Member
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Merit: 250
Buzz App - Spin wheel, farm rewards
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December 09, 2020, 11:05:37 PM |
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it looks like someone has held bitcoin for more than 5 years. but there are also those who sell bitcoin after knowing the price of bitcoin has increased. so it is not easy to speculate who and why is holding or selling
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