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Author Topic: The power of Bitcoin HODLing  (Read 957 times)
BuNga_cute
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August 20, 2021, 11:59:08 PM
 #101

~
2018 says bitcoin price will reach $50k is considered impossible.
many people also say that in the future there will be a lot of bad news that will hit bitcoin and will kill bitcoin, but the fact is that until now the price of bitcoin continues to grow rapidly and bitcoin is increasingly popular.
When Bitcoin started no one would believe it could have any valuation but once the value started it was hard to imagine the price to cross $10 and then $100. So these curiosity is not new and no one would have thought back in 2018 that the price of Bitcoin would reach $50k in 2021. Yes it another surprise for everyone, i never had a doubt about the price reaching hundred thousand but it is hard to predict when and it will touch those values when we are least expected.

Everyone when they first knowing Bitcoin usually doubted the future of Bitcoin,  and that's a common thing that happens to new things that are not
yet known. Therefore, I am also a pessimist with Bitcoin in 2018, where the price fell very drastically, so in 2018 I experienced a fairly large loss.
Requires knowledge and a long process for people to really believe in the future of Bitcoin, so I'm amazed if anyone is still holding Bitcoin from 2018
until now. Because I admit it's not easy to really trust Bitcoin 100%, and people who hold Bitcoin in the long term do deserve big profits.

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bots1
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August 28, 2021, 10:29:50 AM
 #102


Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today.




Twitter: https://twitter.com/michaelbatnick/status/1348071853617782784


Look at the value of $1,000 invested in bitcoin five years ago




Twitter: https://twitter.com/JonErlichman/status/1373638414227156992


Not HODLing can be hazardous!




Twitter: https://twitter.com/adam3us/status/907404159179268096


A lesson for a lifetime. I learned my lessons, how about you? are you?
They were very lucky and they had already made a huge profit from what they collected. if only I had invested in Bitcoin when it was first launched back in 2009, the profits I could earn today could reach millions or billions of dollars. Crypto does not only have the potential to provide huge profits, but also big losses. However, there are many success stories around bitcoin investing out there that are just like them or beyond them.

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Fatunad
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August 28, 2021, 08:52:32 PM
 #103

a very valuable lesson from this thread is investing in bitcoin is a very profitable investment. $1 investment in 2010 would be $800k today. it is possible that the same scenario will occur in the next 10 years, meaning that the money you invest now will increase 800k% in the next 10 years.
It's not like we know what the future might hold plus, at that time people are still uncertain and the Internet was still rife with scams so the people don't trust new things from the Internet immediately plus the FUDs were really strong back then, bitcoin being used for scams, black market, and drug trafficking, any sane person will doubt it's credibility when something like this happens.
2018 says bitcoin price will reach $50k is considered impossible.
many people also say that in the future there will be a lot of bad news that will hit bitcoin and will kill bitcoin, but the fact is that until now the price of bitcoin continues to grow rapidly and bitcoin is increasingly popular.
99% do really have that thing in mind that reaching 50k is really impossible because we are just talking about 20k price ATH on that time where we do even have a hard time on breaking that price point
on whereas the price do able to break that ATH then it did really shoot up even more and we all not able to expect  that it do even reached out 60k on peak. Hodlers are the ones who do really make out
big money but depending on when they had started on and its really good to look to those who had been holding since from on when bitcoin had started.
Their patience did really paid off.

R


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August 30, 2021, 07:16:34 PM
 #104

They were very lucky and they had already made a huge profit from what they collected. if only I had invested in Bitcoin when it was first launched back in 2009, the profits I could earn today could reach millions or billions of dollars. Crypto does not only have the potential to provide huge profits, but also big losses. However, there are many success stories around bitcoin investing out there that are just like them or beyond them.
The idea hasn't changed, this is not about how much you can make, but about how much you can make holding versus other methods. And the idea that you could still make a lot of money from holding is still true. Yes you may not make 10000x profit from holding bitcoin anymore that is true, $1 invested into bitcoin will not become 800k ever again, that is true, but the fact that you could make more money this way than any other method is still true.

All you have to do is buy bitcoin as much as you can afford without hurting your finances, will return with the most profit you could make in the finance world almost all the time. This is why you may not make that much, but you will make the most out of your investment with holding bitcoin. A 20x return is not out of question if you wait enough, 1 million dollars per bitcoin could happen in the future, not today, not tomorrow but maybe 10 years later?

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