No BTC Holding is risky

[Little Mouse]

I have sold my BTC earlier @$31k-$35k range long ago. I have invested in altcoin then and made some great profits although I had to lose 50% at the end. Now, I own almost no cryptocurrency other than USDT and a few trash coins.

Yesterday, I was scrolling newsfeed on twitter and got someone tweeted like this, "No BTC holding is risky.' This is somewhat true when I thought it deeply. Now, I got the same feeling. It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

[crwth]

I had the same sentiment about this because, in the recent breaking of ATH, I didn't have any holdings to benefit from it. I had altcoins that rode the highs, but it's still different. Now I allocate a percentage of it whenever I receive BTC and leave the remainder in BTC. I believe this is one of the best ways to secure some gains in the long term, knowing that BTC could be worth more than it is.

The best way to think about this is to remember that it's not too late.

[Poker Player]

Congratulations! It sounds like you're starting to realize you've been fooling around. Just buy Bitcoin and hold and cut the bullshit. It seems unbelievable that you have been on this forum for 3 years already.

[Charles-Tim]

Yesterday, I was scrolling newsfeed on twitter and got someone tweeted like this, "No BTC holding is risky.' This is somewhat true when I thought it deeply. Now, I got the same feeling. It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

Fiat is getting devalued, that is one of the reasons Bitcoin has been a good alternative for holding aside it being a coin you can also hold and have privacy. The reason why someone can think that Bitcoin holding is not risky is because if you hold it for a very long time, the price is volatile, it will fluctuates in the uptrend and the downtrend direction, it can even decrease more than expected, but at the end, the price will increase and reach all-time-high. So, if someone is concluding that Bitcoin holding is not risky, I think that is the reason. But when the price is decreasing, some people would have sold in panic for not to lose more, not knowing the price will increase back and reach all-time-high.

[mk4]

There's a reason why timing the markets has been heavily heavily despised in investing communities in general, simply because not a lot of people can manage to pull it off. But I get it, there's definitely a lot of interest in trying to beat the market; but at the very least separate your investing and trading funds.

[Strongkored]

Yes, saving Fiat the value has never been higher, but it has actually decreased. Holding BTC with the right strategy and patience to holding it long-term will provide more benefits than Fiat, save Fiat only to meet daily needs and a few percent for the rest of the reserves, our assets will be better in the form of BTC or Altcoins with clear development.

[arwin100]

I have sold my BTC earlier @$31k-$35k range long ago. I have invested in altcoin then and made some great profits although I had to lose 50% at the end. Now, I own almost no cryptocurrency other than USDT and a few trash coins.

Yesterday, I was scrolling newsfeed on twitter and got someone tweeted like this, "No BTC holding is risky.' This is somewhat true when I thought it deeply. Now, I got the same feeling. It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

There's no risk if you don't own anything but you cannot also earn if good things happen with bitcoin so its not a win-win situation for a person who always dump their coins since in the long run you cannot see a great result and will just regret on why you didn't hold before while the price is so cheap. But can't blame people to do this since not everyone can able to handle the risk since its really hard to predict how the market go.

[cryptomaniac_xxx]

Sometimes we really had to go and experience the worst, to realized that we are indeed in the wrong path. But it's not the end, you can still make it in the finish line, although it will be hard as the price of bitcoin is now above $40k and going to $50k at least this year.

So the better approach is just to continue to stack sats whenever you can and save for the long haul. Maybe in the next 1-2 years, you can have that much bitcoin in your wallet that can make you profits at least in fiat value.

[CLS63]

Actually, we can't call it as "risky". Because it feels weird. Rather than being risky, we would miss a very big opportunity to e.g. double or triple our investment in the long run. We don't have to invest a very high amount like tens of thousands of dollars into Bitcoin for example. Even if we make an invesment which is worth around a few thousand dollars or less for example, we would make a lot of profit.

And I believe that the best place to make an investment for a long term is definitely Bitcoin. Maybe you can be a daily trader or a short term investor in general. But I recommend all people to buy some Bitcoin also and to HODL it for years even it's needed to reach your goal. I say "your goal" considering you set a price goal to sell when it's achieved. It's an important action to take also.

[irsada]

It seems that this statement is true but sometimes we are tempted to see such a huge pump in altcoins. which makes us to invest in these altcoins and hope to make a profit in a short time. investing in the long term with a large enough capital clearly bitcoin is the solution.

[Yaunfitda]

It's a missed opportunity, I don't see BTC holding risky though, specially if you are in for the long term.

But I do agree with the fiat de valuing overtime, so BTC all the way.

History already tells us that those early bag holders who chooses not to sell are reaping the rewards. Perhaps we can learn a lot from them, there are no secret formula here, but buy during the dip and have that mentality to hold and sell some if you have gain huge profits already.

[Oasisman]

Well, we tend to make short trading trying to take advantage of the market movement, but also tend to lose everytime we sell earlier in anticipation of an incoming dump.
It kinda make sense for that someone who posted that statement on tweeter, because the moment you take fragments of your Btc for another alts, you might get into a bigger risk than just holding your Btc.

[ipanks]

Every investment will have it's risky and I am really sure you know about that. If you want to buy bitcoin or invest in bitcoin, you must how much money you will use and keep your money on other things that you feel you can accept the risk. Forget about other people saying that bitcoin is bad or bitcoin will scam you or other news because that will depend on yourself and it is better to ask your heart about what you want to do with your USDT.  Using bitcoin for long-term investment will not make you disappointed while using altcoin for the long-term can make you regret it because the price will be too risky compare to bitcoin price.

[bitzizzix]

Hodl or long term is a very good move and will generate good profits, the most important thing is to be consistent and don't be tempted by small profits if you want to get very big profits.
I don't like to trade to get enough returns because for me it's not enough and besides I don't have the skills and also don't have much time, this industry is our opportunity and also it should be wise to take the opportunity to get good profit, Hodl and term long is the best option to get results and also to avoid worry and panic when the price drops.

[mu_enrico]

I don't think it's a good concept of risk. You know, ceteris paribus, risk vs return, if you don't own BTC you are not exposed to the risk, thus you are not exposed to the profit. Not owning BTC isn't risky, since you are aren't putting any money.

If you remove ceteris paribus, I can say: not having a good income is risky, even riskier than not owning BTC, since you can buy BTC any time even if only a fraction if you have money.

[LogitechMouse]

I still remember the time when I'm still trading.
As per my experience, it is full of stress. Watching the charts, seeing where to enter and after entering you will find an exit price and if the movement didn't go your way you will feel stressed to the point that you will be forced to cut losses because of wrong decisions.

With holding, the only risk is having a paper loss but with patience and time you can put your paper loss away so in short there isn't any risk at all. That is why I'm just holding Bitcoin right now instead of trading or at least buying here and selling there. I might do it sometimes but not daily (like once a month at least or a week). Fiat is slowly devaluing that is why investing your money into different assets will hedge your funds . Hold Bitcoin or at least any asset that isn't that risky.

[bittraffic]

Not that fiat or the stablecoin is also not safe. How.do we protect our profit whenever the bear market enters?
USD is just not good for holding due to money printing and inflation. But its also not safe to hold BTC if bear market  starts. It gets confusing what do to to keep the value.

One that I might do is invest a real estate property after earning  and hold the rest as stabelcoin. Wait for coin prices to drop before buying back POS coins.

[harizen]

Just go with the flow then. Take all previous actions as a reference for a better decision in the future.

That's the challenge, how to benefit and take advantage whether it's bull or bear. We don't have crystal balls to tell us exactly what will happen in the future so regrets are part of the game. What if the price went down more after selling some of our coins? Then our verdict is, we did the right thing. We can come back again and again in the event that there's no BTC left on our precious stash.

We just need to think outside the box or better, totally removed the box.

[Kittygalore]

Well, what are you waiting for? Buy bitcoin now or atleast accumulate as much as possible and hodling for the long-term and wish that you have the patience to wait for a really long time so you can profit when the prices are much higher than the current price that the market is in.

[Lucius]

I have sold my BTC earlier @$31k-$35k range long ago. I have invested in altcoin then and made some great profits although I had to lose 50% at the end. Now, I own almost no cryptocurrency other than USDT and a few trash coins.

What can I say except that you had a completely wrong strategy when you were thinking in the direction of "Will we ever see $ 10k per BTC?", and this was my answer.

So far, investing in BTC has always been profitable if a person knows how to control himself in the moments when the market is in the red, but some people are persistently looking for alternatives and betting on the wrong things. As someone who has been on the forum for a long time you should have learned some things - this is the year after halving, buy every dip and hold, pretty easy.