No BTC Holding is risky

[Gozie51]

It’s risky to not own any bitcoin. Fiat is getting devalued all the time.

I have heard btc being a crashing substance in the future when the price was less than $1,000 in 2016 but we are seeing the current price now. The lack of believe made bitcoin being compared and bought with pizza. Things have changed with inflation on fiat that the power to buy has dropped drastically but bitcoin isn't falling and likewise a trading instrument which is advantage over bitcoin. Since 2017 bitcoin has increased in worth but many countries currency has been devalued either by inflation affecting goods that is now worthless to use their currency or it has been devalued by government.

[EdenHazard]

But.. but..

its often bring fortune to whoever lucky enough bought bitcoin randomly and leave it there for a while and when they comeback they realized that they are a millionaire in just few weeks. that is fun.
but at the otherside there is some people who taking high risk to put their live saving in bitcoin and cant survive when it falls down to -80% and cash them out in deep misery.
none of those what so called HODLING has zero risk.

[Botnake]

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.

Fiat is experiencing a high inflation right now which means the prices of basic commodities are rising, but leaving fiat's value in depreciation. So if you have put all your savings and investments in fiat, then you might see them less valuables in the future. It' will be better if you start prioritizing investing in bitcoin right now because it will be more likely to give you huge profits in the future as long as you chose to invest it in long term. Bitcoin may not guarantee sure profits all the time due to its volatility but at least you know its value will definitely move upward in the years to come, unlike fiat that is getting less value as time goes by.

[freedomgo]

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.

Holding bitcoin will not just ensure big profits in the near future but it also takes more patience to understand the market deeply. There will always be price fluctuations that will eventually test how long can you stay in the market. And if you end up panicking, then you might lose your hard earned bitcoin. So its not really an easy task to hold bitcoin that is why you only need to invest on your extra money. But one thing is certain, the process may not be easy but the result is all worth the risk. And it will be a lot more risky if as of this moment, you don't still have any hard earned bitcoin to hold.

[rincoeng1986]

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.

saving fiat is no longer in its time. Now is the time of modern technology with database systems, so bitcoin is one of the best today to invest. Bitcoin has great potential for large profits but bitcoin has its own risks that every investor should learn.