Bitcoin is for Holders!

[goldade]

The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

As true as this statement might be, it is not outrightly true. Bitcoin is not only for hodlers. As much as bitcoin can be a form of investment, do not forget that it's primary purpose is being a currency. So bitcoin is also for traders, not crypto traders, but everyone who trades a good or service.
Let's even for a moment assume  bitcoin is for hodlers. The question is, for how long would you hodl. Over the years, the price has been increasing and is not set to stop anytime soon, so if you continue to hodl your coins, you'll only be making money digitally. Don't forget that money isn't money until you can actually use it.

[milani]

The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

Bitcoin is for wise I would say in such a way. Only this case it will work for person's profit even does not depending on wheather it is for holding or trading. Someone can choose trading and become successful, while another one will multiply his assets via holding. But it depends on personal preferences.

[Question123]

That is true Bitcoin is the person who have capability to hold long-term , the more Bitcoin holders the possibility to increase the price more is high. I hope those holders will hold their coin so we can finally see the price of this coin to reach $100k and I think it will happen in 2021.

[GeorgeJohn]

Bitcoin price don't have anything to do with corona virus lockdown, what I know vividly that gives people money via cryptocurrency is investment and long time holding Bitcoin, people who knows the rudiments of Bitcoin can only buy and hold, right now coins you purchase early this year will not have the same values in text five months because it appreciates and it's increments always be different from initial values.

Are there any evidence to support that bitcoin price increase doesn't have any correlation to the COVID lockdown, isn't the stimulus package date coincide with the date that bitcoin price spikes and stimulus checks are given because of the pandemic so in short, COVID did contribute to the growth of bitcoin. The coin that someone buys depends whether it gains some prominence as some of these coins are just a easy money for the creator and they don't have the time to follow it up.

What evidence do you have to show people also that corona virus lockdown contributes immensely to the increments of cryptocurrency especially bitcoin in particular, see at this point we have to portray things that we can expatiate with even evidence, what analysis or practical experimentation have you performed as concrete evidence that speed Bitcoin, does lockdown increase marketcap of crypto, the answer is no, so their is no point of argument. Try to read my text again and again so that it will enable you to comprehend me more better.

[Shasha80]

It is very true that the performance of Bitcoin is very surprising in a pandemic situation, because the price is getting higher. Very different from
the performance of other assets affected by the pandemic situation. Therefore, we will regret not investing in Bitcoin. However, in order to get
profit from Bitcoin we must have strong hands, that means we have to be HODLers to be able to get big profits from Bitcoin. So Bitcoin is not
suitable for investors who want instant profit and who are also prone to panic seeing the volatile Bitcoin price. So you have to believe in Bitcoin
and HODL as long as possible, so that the profit generated is also greater.

[Peanutswar]

From the previous year on the march the same month, we experience that the bitcoin drops immediately because of the start of the pandemic the same with the fiat currency and we didn't expect this but right now after one-year lets compare from the 3k price now its already on the 60k price of the coin which is good feedback to us, still, it's better to keep aware about the possible might happen still the price of the bitcoin comes to 60k there is a chance that the price by the end of the year pop up into 100k still this is a rumor we need to have concrete details before we go into it.

[maydna]

That is true Bitcoin is the person who have capability to hold long-term , the more Bitcoin holders the possibility to increase the price more is high. I hope those holders will hold their coin so we can finally see the price of this coin to reach $100k and I think it will happen in 2021.

I am sure they will still hold their bitcoin and not sell it if the price does not reach their target price. That is also what we need to do with our bitcoin to make a profit like them. We can still hold our bitcoin as them, no matter if we have a big amount of bitcoin or a small amount because once the bitcoin price increase higher more than today, we will make a big profit. I am sure that reaching $100k will be a matter of time for bitcoin, which will happen in the future. Bitcoin price itself is on the way to reach every high price, so we need to be patient.

[Timelord2067]

It's sort-of right to say Bitcoin is for HoDLers, people need to be reminded constantly that Bitcoins are a method of securely making payments.

The HoDLers will in time either facilitate transactions for others, or, (ironically) sell Bitcoin to enable a transaction to occur.

[kevinzxz]

The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

I agree with you if Bitcoin is for Holders, because in my opinion currently Bitcoin price is still cheap and still worth it to be an investment, therefore I suggest you to invest in Bitcoin at this time and hold for the long term (the target is in 2030), because I believe that in 2030 the price of Bitcoin will definitely increase very high and the price will be at least $200,000, so you will definitely get a big profit from investing in Bitcoin at this time.

[yazher]

That is true Bitcoin is the person who have capability to hold long-term , the more Bitcoin holders the possibility to increase the price more is high. I hope those holders will hold their coin so we can finally see the price of this coin to reach $100k and I think it will happen in 2021.

The person who was holding their coin and didn't sell it when the price has already reached $50,000 this year is a true legend. They don't bother with the people who already sold their BTC when the price has spiked this year. Now their time has finally come and because of those guys, we are experiencing some tendency that we will reach another ATH this year. Man, this year is all about bitcoins price, and the year 2021 is something we cannot forget in the upcoming year because this is the time when the major wall has been breakthrough and still going on, only God knows when will it stop hopefully it won't stop this year.

[gabbie2010]

That is true Bitcoin is the person who have capability to hold long-term , the more Bitcoin holders the possibility to increase the price more is high. I hope those holders will hold their coin so we can finally see the price of this coin to reach $100k and I think it will happen in 2021.

The person who was holding their coin and didn't sell it when the price has already reached $50,000 this year is a true legend. They don't bother with the people who already sold their BTC when the price has spiked this year. Now their time has finally come and because of those guys, we are experiencing some tendency that we will reach another ATH this year. Man, this year is all about bitcoins price, and the year 2021 is something we cannot forget in the upcoming year because this is the time when the major wall has been breakthrough and still going on, only God knows when will it stop hopefully it won't stop this year.

Honestly hodling Bitcoin for so long is for strong hearted not for feeble-minded many hodlers who had endured for long  must have sold all at  $50K while some hodlers will sell half at that price the real hodlers are those who are still hodling at the moment and unwilling to sell even now they just wanted to ride with the trend to $100K or more before deciding whether to continue hodling or not who knows the highest ATH will attain? nobody can accurately predict it

[rosebrand]

Your very correct bitcoin is for holders and not for weak hands for me have learnt a good lesson from the recent move of the market. Most times holding isn't that easy because there might be a new Alth and then suddenly price will eventually starts dumpling and this is the point many start selling off, have really learnt to be a bag holder not just a day trader. Holders are the ones making the cool cash.

[gurunanakji777]

Bitcoin is a blessing for the holders. I believe we can not predict the Btc target it is like an unstoppable running horse at the moment. If we calculate the past 6 months performance of the BTC one can not believe the ROI who bought BTC before 6 months and hold it to date. Without any doubt I can say with full confidence Bitcoin is for the holders. One should keep the bitcoin whether they have need of money because we can not Imagine the future value of BTC So restrict your expenditure now and try to hold the BTC for the long-term rather than short-term to get the maximum gain.

[pawanjain]

The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

I have been using bitcoin for a few years now and I am more than happy to see the world is starting to acknowledge the potential of bitcoin.
Over the years I had used bitcoin for many purposes like

Making cross-border payments
As a long term investment
As a trading asset
For buying products etc...

Bitcoin serves multiple purposes and hence we cannot really say it is not meant for the weak hands because it really depends what we are using it for.

[Iranus]

If you do not have the ability to Hold then surly you will loss your money. cause Cryptocurrency in not perfect for Weak-hearted people. If you failed to control yourself when market starting dumping then you will must attempt to sell your coin even if you are in loss. One of my friend told me that Buy Bitcoin and forget about it, forget that you bought it otherwise you will never able to make profit. you can make a sort profit by doing day trade but it will never give exactly what you want.

[Yamifoud]

If you do not have the ability to Hold then surly you will loss your money. cause Cryptocurrency in not perfect for Weak-hearted people. If you failed to control yourself when market starting dumping then you will must attempt to sell your coin even if you are in loss. One of my friend told me that Buy Bitcoin and forget about it, forget that you bought it otherwise you will never able to make profit. you can make a sort profit by doing day trade but it will never give exactly what you want.

if we consider that Bitcoin is an investment, basically, it gonna be a long-term holding to see its profit. But because we have this volatility behavior even a short-term holding can also have the profit as well. And this gives a reason that even you weak hands people are also welcome here and they can invest in Bitcoin. But if they never change their behavior, that will bring them to often suffer losses than having the profit.
And much more on trading that in needs not to be emotional because this is the common factor why many traders had lose.

[ene1980]

Your very correct bitcoin is for holders and not for weak hands for me have learnt a good lesson from the recent move of the market. Most times holding isn't that easy because there might be a new Alth and then suddenly price will eventually starts dumpling and this is the point many start selling off, have really learnt to be a bag holder not just a day trader. Holders are the ones making the cool cash.

Anyone who sells their portfolio does that because they were satisfied with the profit they are looking for and they did not foresee the price of bitcoin moving further higher than they sold. There is no weak hands in the market, there are fools who loans the money and purchase it and if someone is doing that then the market is not fit for that kind of investment as anything can happen. Other than that there is no infinite holders every single investors is holding them for the profit.

[wxa7115]

The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

Technically speaking bitcoin is for everyone that can get their hands on it, whether they are long term holders or not has no effect on their ability to get bitcoin, however once we begin to speak about the economic benefits you can get out of it then this is right, holding is by far the superior strategy, not only it is easier but more profitable.

Many think of trading as better but not only it is way more difficult, now you need to consider your capital gains and the taxes you need to pay and you need to outperform the market while you do so, can anyone outperform a 15x price increase in just one year? I doubt it.

[panganib999]

The pandemic is not blessing for us but we have seen a huge change of Bitcoin price and broke all the records before. In this time of a year ago with compared to the present time, we can see a huge change and Bitcoin is up almost 1400%. Isn't it huge?

The next short term target is $60000. For now, next target is new ATH.

BITCOIN is for Hodlers
Not for weak hands (I had read it somewhere, can't remember right now)

Technically speaking bitcoin is for everyone that can get their hands on it, whether they are long term holders or not has no effect on their ability to get bitcoin, however once we begin to speak about the economic benefits you can get out of it then this is right, holding is by far the superior strategy, not only it is easier but more profitable.

Many think of trading as better but not only it is way more difficult, now you need to consider your capital gains and the taxes you need to pay and you need to outperform the market while you do so, can anyone outperform a 15x price increase in just one year? I doubt it.

I agree. Bitcoin is for everyone. And anyone who wants it. But of course it is definitely advantage for long term holders because we know how bitcoin works and how it can be hold and make a large amount of profit. Bitcoin is the one who can give us a lot of money. And bitcoin is also can be our source of income, just like in trading or even holding. Holding bitcoin can be very good in terms of earning yet it is a very long term because as we all know, the market is very volatile and decentralized. We do not actually know when to rise and to dump but we can manage to read charts and formation.

[Yatsan]

Different people have different situation so basically we cannot judge other people for being what they so called weak hands for selling their Bitcoin right after gaining a profit from it for they might be doing it for important things. We all do have our own reasons why we have got engaged into Bitcoin so the way we manage to use or secure it will also be depending on our needs and wants. But it does make a point that Bitcoin is best for holders because they properly manage to deal with circumstances making it possible to endure all odds to the extent that even on the downfall many still believe on the capability of Bitcoin to rise after fall. Bitcoin is open for everyone as long as you make use of it properly.