No BTC Holding is risky

[hello_good_sir]

Yep, bitcoin should be considered to be an entirely separate asset class in my opinion.

You'd be pretty stupid to park your wealth in fiat alone, given the fact that it is guaranteed to depreciate over time.

Decentralised crypto projects that have recently sprung up are better, but none of them have the recognition/stability that BTC offers. I truly think that we're very close to seeing BTC as a global reserve currency that is an integral part of any portfolio.

[Taskford]

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.

so far bitcoin holders are still the winners except for those who bought when the bitcoin price peaked a few months ago but the potential for high returns is very large if they are able to be patient for a longer time no one doubts even a lot of profits will be obtained.

Still those people who bough at the peak are the winners if they didn't dump there coins out of fear from those past bear market strikes happening from the past, since they can still accumulate gain even if x2 from their capitals. But for sure lucky to those traders who knows when to buy and spot the best position at the dip since they can able to gain from huge pump if this will came in future. Many project that bitcoin will reach at $100,000 so for sure we can see this figures in future.

[peter0425]

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.

wait long ago means? but bitcoin crosses that amount  of 31-35k just this year actually January so thats 7 months ago not that long i guess.

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.

Exactly what we must learn and believe .

Bitcoin is the safest and the most positive coins of all meaning that we can trust this if we are willing to Hold longer.


and if we don't want to Hold then that is how Altcoin can enter the system.

[SquallLeonhart]

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.

Better alternatives doesn't mean that it will have to pass ethereum neither. I mean look at bitcoin, do you really think that bitcoin is the best currency? It is obviously not and yet it is by far the first one and all the other ones are lower. Which is why I believe that we should not be focusing on the "best" and alternatives and think that rankings are the same thing, because they are not the same thing at all.

Ethereum is there because of how people prefer ethereum over other coins, not because it is the best blockchain or it is the best at what they are doing, of course there are other alternatives that are better even right now, let alone in the future but none of that gets closer because people still prefer ethereum and this causes ethereum to stay at the second rank. I believe the same will happen in the future as well until ethereum itself does something to drop.

[STT]

We never know the top, I think we realized at some point that BTC can go into six figures and thats incredible previously impossible and now people want to get to that point.   The market always gets over hyped and over extended, invariably people without money borrow to buy BTC (or housing or anything that rises alot) and then the ladder upwards becomes too thin and prone to reset in failure from that leverage.
  What the OP is saying we need not fear FIAT ever rising in value, rates of interest wont rise beyond inflation and so there is no point to being negative on BTC.   I love the optimism but one key thing is there is no free money its an illusion.
  Inflation represents failure, somehow inflation can lead to failure with deflationary effects of failed firms, lower wages vs inflation etc. and it will never be a smooth easy path.  To me that means BTC must suffer reset at times, I need dollars to pay bills and if there is losses then that liquidity is more required to pay bills.  I hope you get what I mean that scarcity to cash can develop, this will force BTC to sell off sometimes.

[lepbagong]

Yep, bitcoin should be considered to be an entirely separate asset class in my opinion.

You'd be pretty stupid to park your wealth in fiat alone, given the fact that it is guaranteed to depreciate over time.

Decentralised crypto projects that have recently sprung up are better, but none of them have the recognition/stability that BTC offers. I truly think that we're very close to seeing BTC as a global reserve currency that is an integral part of any portfolio.

there are still many who do not understand clearly about bitcoin and naturally there are still many who park their wealth in fiat, in banks with interest that has been regulated by banks. even if they don't want to be at risk, they will make a deposit where the interest is smaller because it has been determined and remains unchanged until the end of the contract period.

if those who understand, obviously will make definite changes to move the funds that are in the bank to be transferred to bitcoin, although maybe not all of them but clearly there are better intentions to be able to make changes because the value obtained is very different.

it is not easy to give trust to those who are accustomed to depositing their funds in a bank, because they feel that so far the bank is the safest and most reliable way.

[bots1]

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.

I think to HODL the right way, calculate the average of the positions over time (days, or weeks, or months, or even years). Especially when prices are lower compared to recent highs and lows. This helps you prevent sell in the market. When you see some really big gains, consider selling some to average it back later. This requires extra patience and control in managing emotions. In the meantime, learn some basic technical analysis so you can better understand buying and selling opportunities.

[bots1]

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.

If you don't have much experience, you should invest in bitcoin or trade carefully. A conservative and cautious approach involves moving averages and slowly either selling or buying. If you do this, you limit a lot of harm from what could go wrong in the long run.

[Rimueng]

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.

I think to HODL the right way, calculate the average of the positions over time (days, or weeks, or months, or even years). Especially when prices are lower compared to recent highs and lows. This helps you prevent sell in the market. When you see some really big gains, consider selling some to average it back later. This requires extra patience and control in managing emotions. In the meantime, learn some basic technical analysis so you can better understand buying and selling opportunities.

Of course, the Hold strategy is better because the price of Bitcoin is very volatile where today's price is automatically different from tomorrow's price. Even so, Bitcoin is still in demand because it is considered a profitable investment instrument in the future.

[lepbagong]

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.

maybe what you say can be very different from what I know, that it is precisely by holding bitcoin for long-term investment that is for every 4 years (halving) it is certain that there is nothing that makes the risk will occur, but it will always be advantageous because it would there is an increase. but if you do for day trading, you can be sure that risk can occur because prices are always changing quickly if you don't analyze them properly.

If you don't have much experience, you should invest in bitcoin or trade carefully. A conservative and cautious approach involves moving averages and slowly either selling or buying. If you do this, you limit a lot of harm from what could go wrong in the long run.

if it is to be used as a trade, it is clear that the risk that occurs will be very large if we are not smart to analyze the movement of bitcoin when it goes up or down, because the movement of bitcoin is very fast and can go up and down very quickly. it's different if you buy now and will use it as an investment by holding in the long term, which is known as the halving period. then it is certain that bitcoin will increase and reach renewable ATH.

[Roidz]

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.

All investments certainly have risks, including if we invest in bitcoin, that's why proper analysis is needed before we actually decide to enter or not, in my opinion holding bitcoin is one of the best alternatives today in investing instead of having to trade it every time .

If you don't have much experience, you should invest in bitcoin or trade carefully. A conservative and cautious approach involves moving averages and slowly either selling or buying. If you do this, you limit a lot of harm from what could go wrong in the long run.

Analyzing the market is one of the steps we can take to avoid losses that will occur and of course with the existing experience we can see how far the bitcoin price will move later.

[XCANA]

The author of the tweet is very much correct because it's only people that sell Bitcoin that do lose at the end of the day and not those that hold till today. Most time what make people including myself to sell is because we so much depends on what we earn through Bitcoin and crypto currency in general. Other factor are the negative news against Bitcoin and crypto currency market both within the forum here and other social medias platform around the world.

[sana54210]

I think to HODL the right way, calculate the average of the positions over time (days, or weeks, or months, or even years). Especially when prices are lower compared to recent highs and lows. This helps you prevent sell in the market. When you see some really big gains, consider selling some to average it back later. This requires extra patience and control in managing emotions. In the meantime, learn some basic technical analysis so you can better understand buying and selling opportunities.

Thankfully my portfolio tracker has all my purchase history, which means it shows me both whenever I bought it at what price, and it also shows me my investment average as well, that way I know how much profit or loss I am in total and tracks everything. So far thankfully I am in profit because I was smart enough to get in at the right time, even though in my regular life I had a pretty big financial problem, I didn't touch my coins, hell I even worked harder and smarter to get more money and postponed my debts and so forth and still didn't cash out my coins.

So, it is wise to know where you are and when you get in and all that. It is the smart way to invest, if you do not know what you are doing and not fully in control, you are going to lose a lot of money.

[raji1995naya]

BTC Holding, in my opinion, is the winner. You must be able to keep it up-to-date without having to continually monitor the market to make judgments. Bitcoin should be something you hang on to for a time to ease tension and worry caused by significant price volatility. When it comes to investing, consistency is crucial. Assets retained for more than 5  years will have a significant influence on performance.

[stadus]

BTC Holding, in my opinion, is the winner. You must be able to keep it up-to-date without having to continually monitor the market to make judgments. Bitcoin should be something you hang on to for a time to ease tension and worry caused by significant price volatility. When it comes to investing, consistency is crucial. Assets retained for more than 5  years will have a significant influence on performance.

When you say holding, better HDOL it. It's very popular to us that "HOLD ON DEAR LIFE" already made lots of investors become rich. What we are witnessing now is another market crash, if we don't have the trust to HDOL, we will be one of the investors who will do panic selling and later regret.

Short-term traders may panic now, but if we are real long-term holders, what is happening now is nothing new to us.

[yohananaomi]

BTC Holding, in my opinion, is the winner. You must be able to keep it up-to-date without having to continually monitor the market to make judgments. Bitcoin should be something you hang on to for a time to ease tension and worry caused by significant price volatility. When it comes to investing, consistency is crucial. Assets retained for more than 5  years will have a significant influence on performance.

When you say holding, better HDOL it. It's very popular to us that "HOLD ON DEAR LIFE" already made lots of investors become rich. What we are witnessing now is another market crash, if we don't have the trust to HDOL, we will be one of the investors who will do panic selling and later regret.

Short-term traders may panic now, but if we are real long-term holders, what is happening now is nothing new to us.

long-term holders will always experience a lot but it is certain that if they are patient and don't panic, they can certainly enjoy a period where prices will increase. because holding bitcoins is a common thing and will always end with the best, but usually many are impatient or who absolutely do not have the capital to hold for the long term.

because it takes funds that are not used for other purposes only focus on bitcoin, which is now quite high in price and it's not easy to do it.
maybe only the true have been doing this for a long time because they always save for the next stage.

[Mahanton]

BTC Holding, in my opinion, is the winner. You must be able to keep it up-to-date without having to continually monitor the market to make judgments. Bitcoin should be something you hang on to for a time to ease tension and worry caused by significant price volatility. When it comes to investing, consistency is crucial. Assets retained for more than 5  years will have a significant influence on performance.

When you say holding, better HDOL it. It's very popular to us that "HOLD ON DEAR LIFE" already made lots of investors become rich. What we are witnessing now is another market crash, if we don't have the trust to HDOL, we will be one of the investors who will do panic selling and later regret.

Short-term traders may panic now, but if we are real long-term holders, what is happening now is nothing new to us.

long-term holders will always experience a lot but it is certain that if they are patient and don't panic, they can certainly enjoy a period where prices will increase. because holding bitcoins is a common thing and will always end with the best, but usually many are impatient or who absolutely do not have the capital to hold for the long term.

because it takes funds that are not used for other purposes only focus on bitcoin, which is now quite high in price and it's not easy to do it.
maybe only the true have been doing this for a long time because they always save for the next stage.

People does  have different capacities when it comes to funding or simply with the capital of their investments which means there are people who could really afford on spending much compared to others and there are people
who do have just average funding for them to invest on which simply means that they cant  really just wait up for long just to see their investment profits which its decisions will vary whether they do hold or simply would make out active trades and doesnt really tend to hold for long.Its just on someones preference and of course their capabilities on doing so because we do have different aims and different ways or likes
on how things should work out.

[stadus]

BTC Holding, in my opinion, is the winner. You must be able to keep it up-to-date without having to continually monitor the market to make judgments. Bitcoin should be something you hang on to for a time to ease tension and worry caused by significant price volatility. When it comes to investing, consistency is crucial. Assets retained for more than 5  years will have a significant influence on performance.

When you say holding, better HDOL it. It's very popular to us that "HOLD ON DEAR LIFE" already made lots of investors become rich. What we are witnessing now is another market crash, if we don't have the trust to HDOL, we will be one of the investors who will do panic selling and later regret.

Short-term traders may panic now, but if we are real long-term holders, what is happening now is nothing new to us.

long-term holders will always experience a lot but it is certain that if they are patient and don't panic, they can certainly enjoy a period where prices will increase. because holding bitcoins is a common thing and will always end with the best, but usually many are impatient or who absolutely do not have the capital to hold for the long term.

because it takes funds that are not used for other purposes only focus on bitcoin, which is now quite high in price and it's not easy to do it.
maybe only the true have been doing this for a long time because they always save for the next stage.

It's the basic requirement of HOLDING your crypto, you need to have patience and you have to understand what you are doing. Holding means you are aiming not only for a higher price but for a bigger price because you believe that the longer you hold your goal will be achieved, however, you also have to understand that you have to set your goal to be realistic first in order for it to be achievable.

For example, if you hold because you believe that 1 BTC will be $100 million each in the future, then I think you are not being realistic.

[Viscore]

BTC Holding, in my opinion, is the winner. You must be able to keep it up-to-date without having to continually monitor the market to make judgments. Bitcoin should be something you hang on to for a time to ease tension and worry caused by significant price volatility. When it comes to investing, consistency is crucial. Assets retained for more than 5  years will have a significant influence on performance.

When you say holding, better HDOL it. It's very popular to us that "HOLD ON DEAR LIFE" already made lots of investors become rich. What we are witnessing now is another market crash, if we don't have the trust to HDOL, we will be one of the investors who will do panic selling and later regret.

Short-term traders may panic now, but if we are real long-term holders, what is happening now is nothing new to us.

long-term holders will always experience a lot but it is certain that if they are patient and don't panic, they can certainly enjoy a period where prices will increase. because holding bitcoins is a common thing and will always end with the best, but usually many are impatient or who absolutely do not have the capital to hold for the long term.

because it takes funds that are not used for other purposes only focus on bitcoin, which is now quite high in price and it's not easy to do it.
maybe only the true have been doing this for a long time because they always save for the next stage.

It's the basic requirement of HOLDING your crypto, you need to have patience and you have to understand what you are doing. Holding means you are aiming not only for a higher price but for a bigger price because you believe that the longer you hold your goal will be achieved, however, you also have to understand that you have to set your goal to be realistic first in order for it to be achievable.

For example, if you hold because you believe that 1 BTC will be $100 million each in the future, then I think you are not being realistic.

Nowadays, no btc holding will make you think that you have no chances to earn big in the future and would only stick to your minimal profits. With bitcoin, you know there is a bright future on it that will make you more interested waking up each day knowing you have an investment that is also keeps growing its value along with time. But for some, they eventually sell it in an earlier time maybe because of some emergency funds, but if you will be able to hold it for long until your price goal has been achieved, then it will be a very profitable investment by then. 

[jakdanyel]

Fiat currencies will depreciate highly at some point. And then, governments' first choices will be digital currencies. But I don't mean the volatile cryptocurrencies of course. I mean the digital currencies that governments will develop. When it comes to owning Bitcoin, it is really a big advantage for its investor I think. Especially if you are a long-term investor, it is the best choice among all the cryptocurrencies by far I think.