No BTC Holding is risky

[Devifajarina]

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.

I agree with the tweet, basically bitcoin has a good opportunity to invest, even though the market conditions are not good and normal, today only bitcoin is the only one that can provide the best value in any market conditions.

There is no Bitcoin holding at great risk, compared to the survival of several other coins currently on the market, in an in-depth study it is precisely bitcoin that can survive and become the best coin from the past until now, not even a single coin can replace it. they.

[DarkIT]

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.

It's a fact, we should for longer to get profit. For example 60 days as a targets from the investment date. In one day, you get profit before the value of 60 days. Holding will sure earn us a profit. Don't sell with minimum profit, when you inverse the value of 1000$. Don't  sell with the profit of 10$.Atleast wait for the profit of 100$ from the 1000 dollars investments.

[Oceat]

No it won't be devalued, fiat still very important in order for bitcoin to establish a promising value that's worth for our investments. I can't argue that it's risky to hold, but that doesn't mean we're giving up on whatever risk it is. Over time Bitcoin potential on profit gaining still became more valuable than any other coins that exist in every trading sites.

I think the right term for that is deflation and yes, fiat is getting deflation because the government keeps making money out of thin air.

And if you are talking about how risky Bitcoin is, you should do some research first if you aren't confident how to manage the risk of owning a Bitcoin or how you will get a profit just by owning it. Most people just sold out all of their Bitcoin when in 2017 bull run because they just bought too late which means they buy when the price is almost in the peak and then boom, correction hits. That's the fault of most people who don't know when to hodl or when to sell or buy.

[btc78]

Never spend or sell all your bitcoin never again , though there is a need to cash out yet always maintain some funds inside because we never know what will happen next day.
bitcoin is simply amazing interms of volatility and also the capacity to change the market over time is there.

___________________________________________

Hope that this will serve as example for all people engaging in Bitcoin that by any chances , invest in bitcoin even with small amount because once this reach a million value , everyone will feel the bitterness like what OP had now.

[SquallLeonhart]

Never spend or sell all your bitcoin never again , though there is a need to cash out yet always maintain some funds inside because we never know what will happen next day.

Honestly when I was entering into bitcoin adoption, I was fixing some big target levels and ones those targets will be achieved I was in plan to exit crypto space all at once. But, after gaining knowledge about bitcoin ecosystem and its futures, I slowly changed my plans and now I'm in plan to keep my bitcoins till my of life and I will suggest my kids to keep on investing and holding bitcoin forever so that they might be getting better financial life compared to replying on other traditional investment opportunities.

in investing of course we must have a target time

I don't think so; at least with respect to bitcoin investments. The longer you will be holding bitcoins, the better benefits you could enjoy.

[asrinur]

The main advantage of long-term investing in cryptocurrency investments is maximizing profits, and minimizing losses. So, HODL is a wise strategy to apply when investors feel FOMO, FUD, and various other potentially detrimental emotions.

[carlfebz2]

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.

It's a fact, we should for longer to get profit. For example 60 days as a targets from the investment date. In one day, you get profit before the value of 60 days. Holding will sure earn us a profit. Don't sell with minimum profit, when you inverse the value of 1000$. Don't  sell with the profit of 10$.Atleast wait for the profit of 100$ from the 1000 dollars investments.

Exactly, in investing of course we must have a target time, I think 60 days is too short to get a profit, usually I target about 6 months, and in fact as long as we can be patient then we will get a profit.

Patience is virtue but having too much will really be in resulting on missed out opportunities when you are forcing yourself on hitting up a target point which might take for years.There would always be a time on where

sudden change of decision is a must for you to take advantage since this market could be profitable on doing buy low and sell high thing but it isnt simple as it sounds.Its actually on someones preference on how they

would handle out their finances or investment because we do have different perceptions or takings into something.So its a personal choice but at least you do know the risk and the possible opportunities.

[Rajamuda]

The price movements in the market do sometimes look confusing or make many people awkward in holding, basically the stronger we hold on the bigger the profit we get, but some other influences may be a problem to weaken the commitment to hold. Another thing may be because of the amount of investment, if it is small... it feels like it will be easily swayed in holding because some things related to the necessities of life that can't be denied till have to be cashed in, here it is important that investing must be in the right amount to get results satisfactory.

[lienfaye]

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.

For over a decade bitcoin is existing, we witness how the price grow from just few cents until it reached the last ath and realized how worthy this crypto is.

Indeed investing in bitcoin is a wise move, especially if you happen to invest during the time the value is cheaper compared now. Holding is profitable but there are times we need to take profit for our financial needs and this is one of the reason why I cant hold without taking profit at times. Anyway what more important to me is I still hold a portion of bitcoin in my wallet that I can live without.

[newwest]

Its poles apart I would say as for some holding is the key. Just lets take recent example when btc was falling not many were buying and thought it would fall further but now btc is at 50k+ and how many are ready to buy now at 50k. It will seems it has rose much and will wait for dip and which may not happen. So eventually those who had actually continued to hold have gained here and may also continue to make money if btc kept on rising.

[lizarder]

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.

What that person said is very true, there is no risk of holding bitcoins, actually everyone wants bitcoins to be bought and sold when the price is good and high, I think you are too worried about what you are holding, so made this decision to let go of bitcoins at the right time. which is not correct.

The decision to take altcoins in investing is actually not wrong, it's better if you also invest with bitcoin, but you waste a good opportunity to sell bitcoin in conditions that are not profitable for you. Hopefully this will be an important lesson for you in the future.

[doomloop]

The main advantage of long-term investing in cryptocurrency investments is maximizing profits, and minimizing losses. So, HODL is a wise strategy to apply when investors feel FOMO, FUD, and various other potentially detrimental emotions.

The term "cryptocurrency investments" is tricky because while I agree that the price and worth of bitcoins will only increase in the future, I am not so sure about other cryptos including Ethereum because there are better alternatives coming out daily and there are those transaction fees and congestion problem on the Ethereum network. Every coin has some issues like XRP had problems with SEC and not sure if any progress was made to solve them.

I guess BTC holdings are going to get you positive results no matter what but the same can't be said for every other cryptocurrency. If anyone is looking to invest in the future value of crypto, please go for Bitcoin.

[Victorycoin]

Bitcoin is that the best currency for holding the longer term of bitcoin is far better those that sold at panic are now frustrated because the worth of bitcoin has multiplied albeit the market sinks for bitcoin investment one should wait reading BTC means it'll be corrected anew. Traders who take risks are more successful that way the worth of bitcoin rising will exceed 50k.

[fortunecrypto]

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.

Yet many people are still dumping their shares, whatever situation whether a bull trend or bear trend, don't dump all your Bitcoin it should be your main coin in your portfolio there's a temptation to buy new coins because of the too many shills and FOMO in the market you will end up regretting your decision, Bitcoin will always the best coin to invest, the market have proven that.

[STT]

There is risk everywhere in every asset, the main problem people might overlook is liquidity.   If you have the value to spare over an extended period of time then BTC is a reasonable hold but I wouldnt say its without risk.   Invariably we will get sell offs because of cash calls where the market tightens but the main thing of note right now is exceptional easing by the Federal reserve gives us very weak currency and BTC is not likely to go down during this.   When times are rough, things will not be quite as assured yet I think currency has no return on its value lost now and future imo.

[Myleschetty]

Every part of Bitcoin investment has its own risk even when holding, the statement of 'no BTC holding is risky' can only work for investments that join early before ATH price and also well experiences investment.
Nevertheless, we still don't know what will happen to the Bitcoin market in the future cause tomorrow is not promised.

[ultrloa]

There is risk everywhere in every asset, the main problem people might overlook is liquidity.   If you have the value to spare over an extended period of time then BTC is a reasonable hold but I wouldnt say its without risk.   Invariably we will get sell offs because of cash calls where the market tightens but the main thing of note right now is exceptional easing by the Federal reserve gives us very weak currency and BTC is not likely to go down during this.   When times are rough, things will not be quite as assured yet I think currency has no return on its value lost now and future imo.

The problem with people is they overlook to much on their profit and not take out while the price is at the top and got dismay when the dump cames then continue to hold then turns out they lose since the price decrease to much when the dump backed with fuds. That's why we need to learn on how to exit if we are investing on cryptocurrency since the price movements is fast changing that's why we need to have a fast action towards making decisions on taking out our profits as well entering again on the market.

[ene1980]

You should never sell bitcoin and always think to accumulate them. The future is of bitcoins and i believe that those who do not have bitcoin will be left behind.
You can trade or sell your altcoins but always keep on holding bitcoins.

What is your target price for Bitcoin, i bet you wont be holding the coins for decades, but there should be a target for you and i would like to hear that valuation.Bitcoin is all about making transaction and that is what it is intended by Satoshi and not to hoard them, if so it will defeat the purpose of the creation.

When we talk about the risk factor, it all depends upon the entry, you cannot enter when the coin is rallying and expect to make a huge profit in a short period of time.

[Vaculin]

snipped~

You have taken the wrong step, even though bitcoin is in a good trend at the moment in the market, this shows that there is no risk of holding bitcoin all the time, although in general you have not suffered big losses, but I think you have wasted a good opportunity at this time .

Altcoins also don't matter if we invest, even more perfect if we can also use bitcoin simultaneously in investing with altcoins, if one of them is problematic, then there are other coins that can provide good returns, that's why bitcoin and altcoins need to be invested simultaneously .

You should never sell bitcoin and always think to accumulate them. The future is of bitcoins and i believe that those who do not have bitcoin will be left behind.
You can trade or sell your altcoins but always keep on holding bitcoins.

But I really don't think that it was needed for us to keep on holding forever because we can't assure that Bitcoin will ever stay forever or if the price will stay strong and growing. I'm not against holding but sometimes we also have to reconsider some instances that might cause us failure and big losses. Like if I bought Bitcoin at $30k and sell them at $40k, that was an absolute profit, right? if you are not a greedy person, it is certainly good enough, IMO.

[Wawa2013]

You have taken the wrong step, even though bitcoin is in a good trend at the moment in the market, this shows that there is no risk of holding bitcoin all the time, although in general you have not suffered big losses, but I think you have wasted a good opportunity at this time .

Altcoins also don't matter if we invest, even more perfect if we can also use bitcoin simultaneously in investing with altcoins, if one of them is problematic, then there are other coins that can provide good returns, that's why bitcoin and altcoins need to be invested simultaneously .

You should never sell bitcoin and always think to accumulate them. The future is of bitcoins and i believe that those who do not have bitcoin will be left behind.
You can trade or sell your altcoins but always keep on holding bitcoins.

But I really don't think that it was needed for us to keep on holding forever because we can't assure that Bitcoin will ever stay forever or if the price will stay strong and growing. I'm not against holding but sometimes we also have to reconsider some instances that might cause us failure and big losses. Like if I bought Bitcoin at $30k and sell them at $40k, that was an absolute profit, right? if you are not a greedy person, it is certainly good enough, IMO.

Indeed, an effective way to make profit in the crypto world is to take profit if there is an opportunity. Because maybe we will miss the opportunity
to make a profit if we continue to hold the coins we have.  But this is only for people who do have time to monitor the market every day, so they
know what is happening in the market. For people who are busy and only have time maybe once a week to pay attention to Bitcoin price
developments, there is no harm in focusing on holding Bitcoin in the long term and only selling when the desired target is reached.
In the end it depends on the situation and everyone's strategy, because investing in Bitcoin is very flexible, do what we think is effective.