Amejoaquim
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December 08, 2021, 08:34:05 AM |
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what else can be done other than hold when the market is going down like this. back to our first goal, if we aim to invest it takes a longer time to hold it but if we focus more on trading then of course we have to manage and use it in the near future. but for me bitcoin is good for long term investment and currently the price is also falling so its better to hold than to sell it and get the big loss. but if you want profit in the near future you can choose to trade with coins that are good in the market, I think it's a good choice.
Agree with that.. When you hold your coin especially for long term, this is the best tip i can give -> Checking crypto prices all the time is absolutely useless, unless you're an active highly trained day trader. Constantly checking prices will only cause you unnecessary stress!
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Leviathan.007
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December 08, 2021, 03:11:39 PM |
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Depending on your asset type and the strategy you may have different plans for yourself if you are just talking about bitcoin in my own idea holding bitcoin on your own wallet is the best idea to get benefit and keep your asset safe from and risk but still there can be some options and these are not recommended at all, for example, you can hold your bitcoins in some exchanges where they offer some investment plans how it's not safe at all and even if you use famous and safe exchanges your funds are still in danger and the option can be putting your bitcoins for collateral and take a loan to work with the money and earn more, all these methods are dangerous and if you check the bitcoin in long term you can see the best option is to holing for the long term in your own wallet.
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RiskySanchez
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December 08, 2021, 04:00:48 PM |
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Depending on your asset type and the strategy you may have different plans for yourself if you are just talking about bitcoin in my own idea holding bitcoin on your own wallet is the best idea to get benefit and keep your asset safe from and risk but still there can be some options and these are not recommended at all, for example, you can hold your bitcoins in some exchanges where they offer some investment plans how it's not safe at all and even if you use famous and safe exchanges your funds are still in danger and the option can be putting your bitcoins for collateral and take a loan to work with the money and earn more, all these methods are dangerous and if you check the bitcoin in long term you can see the best option is to holing for the long term in your own wallet.
Yes, that's the point of how we organize Bitcoin into a valuable asset without risking it and always keep it in a secure wallet. The best strategy is how we manage our emotions and finances to get long term profit. Patience is key, as the CEO of Binance tweeted "if you can't hold, you won't be rich. that's how crypto works in changing our mindset in investing on bitcoin
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Wawa2013
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December 08, 2021, 04:22:00 PM |
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what else can be done other than hold when the market is going down like this. back to our first goal, if we aim to invest it takes a longer time to hold it but if we focus more on trading then of course we have to manage and use it in the near future. but for me bitcoin is good for long term investment and currently the price is also falling so its better to hold than to sell it and get the big loss. but if you want profit in the near future you can choose to trade with coins that are good in the market, I think it's a good choice.
Agree with that.. When you hold your coin especially for long term, this is the best tip i can give -> Checking crypto prices all the time is absolutely useless, unless you're an active highly trained day trader. Constantly checking prices will only cause you unnecessary stress! For investing in Bitcoin, the best strategy is HODL Bitcoin for long-term. Especially for people who are busy and don't have much time to monitor the market, highly recommended for long term investment. Because the price of Bitcoin continues to rise every year, so we just need to be patient holding Bitcoin until it reaches the target we want. Holding Bitcoin in the long term is the easiest and safest way to make a profit. So it's no wonder many institutions prefer HODL Bitcoin in the long term.
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rozak
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December 08, 2021, 04:34:19 PM |
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Depending on your asset type and the strategy you may have different plans for yourself if you are just talking about bitcoin in my own idea holding bitcoin on your own wallet is the best idea to get benefit and keep your asset safe from and risk but still there can be some options and these are not recommended at all, for example, you can hold your bitcoins in some exchanges where they offer some investment plans how it's not safe at all and even if you use famous and safe exchanges your funds are still in danger and the option can be putting your bitcoins for collateral and take a loan to work with the money and earn more, all these methods are dangerous and if you check the bitcoin in long term you can see the best option is to holing for the long term in your own wallet.
Yes, that's the point of how we organize Bitcoin into a valuable asset without risking it and always keep it in a secure wallet. The best strategy is how we manage our emotions and finances to get long term profit. Patience is key, as the CEO of Binance tweeted "if you can't hold, you won't be rich. that's how crypto works in changing our mindset in investing on bitcoin For people who go into crypto with the aim of long-term investment, of course holding Bitcoin held for a long time is something that must be done. to set goals, I think it depends on what we want to achieve (everyone has different plans). but for those who come to the crypto market for their daily needs, trading Bitcoin in the market is not something impossible. the key is in our skills. I did both, it does require more capital to trade Bitcoin than altcoins to make it easier for us to get profits faster (for day trading). but I've done it. separate bitcoin for long-term investment. and bitcoin for day trading assets.
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JohnBitCo
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December 08, 2021, 04:53:24 PM |
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Depending on your asset type and the strategy you may have different plans for yourself if you are just talking about bitcoin in my own idea holding bitcoin on your own wallet is the best idea to get benefit and keep your asset safe from and risk but still there can be some options and these are not recommended at all, for example, you can hold your bitcoins in some exchanges where they offer some investment plans how it's not safe at all and even if you use famous and safe exchanges your funds are still in danger and the option can be putting your bitcoins for collateral and take a loan to work with the money and earn more, all these methods are dangerous and if you check the bitcoin in long term you can see the best option is to holing for the long term in your own wallet.
Yes, that's the point of how we organize Bitcoin into a valuable asset without risking it and always keep it in a secure wallet. The best strategy is how we manage our emotions and finances to get long term profit. Patience is key, as the CEO of Binance tweeted "if you can't hold, you won't be rich. that's how crypto works in changing our mindset in investing on bitcoin The first thing is that we make up our minds to hold the crypto and bitcoin in particular. If we do not make our mind, we may sell it early at very little profit. If you want to be rich with crypto, you need to hold it for the long term. Once, you decide to hold for the long term, then you must choose the wallet wisely where you will store the crypto.
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Mamun74
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December 08, 2021, 09:06:04 PM |
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Many time we sell bitcoin for little profit. Bitcoin already proved their development and price. Bitcoin is most valuable and most popular coin.So people interested in bitcoin much more Than others coin.I Think we Change our mind investment in bitcoin coz if we can't hold bitcoin, we Won't be successful.
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carlfebz2
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December 08, 2021, 09:22:28 PM |
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I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.
If you do deal with centralized platforms then better skip into that and it is much better to hold your coins on your own wallet rather than entrusting them and been locked for a year where you couldnt able to claim or pull it off excluding to those anytime where you could get those funds. For Bitcoin then it is really good for holding since we know the potential but for altcoins? Its a personal kind of choice and also neither bitcoin or alts you could also opt on making active trades even though the risk is high but you could potentially make profits in shorter duration.
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TelolettOm
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December 09, 2021, 12:00:30 AM |
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HOLD is one of the strategy. There is also trading but it is also very risky. Every hold of Bitcoin may lead you to have some profits, but it always also jeep risks. Btw, we can also holding oir Bitcoib while staking or farming so that we can also accept the APY and about HOLD, besides Bitcoin, ensure that your altcoins to hold are very precious and promising so it will not end as shitcoin. .
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Dhaniii
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December 09, 2021, 03:11:07 AM |
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Hold can't be the only strategy because there are many other strategies that can be taken by making a profit. the proof is that yesterday when the price of bitcoin broke through $68k, it could be sold and bought again when the price dropped to the lowest price of $42k, how much profit did we get and how much time was saved. while if it continues to be held and the current conditions how much profit has been lost and have to wait a long time to be able to return to the highest price.
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yazher
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December 09, 2021, 03:41:38 AM |
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Hold can't be the only strategy because there are many other strategies that can be taken by making a profit. the proof is that yesterday when the price of bitcoin broke through $68k, it could be sold and bought again when the price dropped to the lowest price of $42k, how much profit did we get and how much time was saved. while if it continues to be held and the current conditions how much profit has been lost and have to wait a long time to be able to return to the highest price.
Yes! buy low and sell high is another opportunity for the investors if they wanted to gain profit other than holding for the long term. But it requires a big amount of capital since as soon as the price rise again for a little percentage, you gonna sell your BTC right away. Unless you switch to hodl a little more longer to maximize your profit. Most of the investors go for a long time hodl because they invested some money they can afford to lose. in other words, those holding for a long term, have already sacrificed their money for the sake of rising the price further more.
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lienfaye
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December 09, 2021, 04:13:05 AM |
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I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.
Well, its true that Bitcoin doesnt allow staking unlike other alts wherein you can stake your coins (like ETH for example). But for Bitcoin, holding alone is the best way to generate profit from it specially for long term. If you track the price history of Bitcoin you'll know how the value continues to grow for the past years up to now. Just shows how effective holding is, if only an investor is patient enough to wait and not in hurry to profit.
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Coin-1
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December 09, 2021, 05:06:21 AM |
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Depending on your asset type and the strategy you may have different plans for yourself if you are just talking about bitcoin in my own idea holding bitcoin on your own wallet is the best idea to get benefit and keep your asset safe from and risk but still there can be some options and these are not recommended at all, for example, you can hold your bitcoins in some exchanges where they offer some investment plans how it's not safe at all and even if you use famous and safe exchanges your funds are still in danger and the option can be putting your bitcoins for collateral and take a loan to work with the money and earn more, all these methods are dangerous and if you check the bitcoin in long term you can see the best option is to holing for the long term in your own wallet.
I have the same opinion. Giving someone your bitcoins to gain an "even little" annual interest rate is risky and dangerous, because at present the cryptocurrency world is full of fraudsters. The golden rule is " Trust no one". Even here, on the Bitcointalk forum, some people take loans in BTC, and then they run away with stolen coins. Of course, the profiles of such users immediately receive negative feedback and a scammer flag. In any case, lenders suffer damage. In general, I agree that HODL is the best financial strategy. However, I am not against investment plans offered by BlockFi, Binance and other large platforms with a perfect reputation. I think that at least 50% of your funds should be in your cold wallet. You can lend the rest of BTC coins for credible legal entities or trade them in cryptocurrency exchanges.
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bounceback
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December 09, 2021, 05:53:12 AM |
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I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.
There are many strategies that we can do with bitcoin such as day trading, arbitrage, staking and others, all of these strategies can certainly benefit us if we can do it well and have knowledge, but in my opinion so far these strategies have been proven and can really give us the bigger advantage is holding bitcoin for the long term.
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haasanjui
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December 09, 2021, 08:25:05 AM |
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HODL is the only strategy used in bitcoin. People who bought btc in some dollars or some hundred dollars and they waited for some years and today btc gave them a huge profit and people are still holding and waiting for btc reach in 100k$
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giammangiato
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December 09, 2021, 10:20:57 AM |
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I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.
As they have already suggested to you, the best solution for bitcoins is to keep them for the long term, playing with other cryptocurrencies is a good idea, but you must always know the projects! As I always say, in the past I have made mistakes with bitcoins and also with altcoins, but you learn from mistakes
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Victorik
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December 09, 2021, 10:29:41 AM |
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Holding is not the only strategy. The idea is to buy low and sell when price goes up and then wait to buy when it dips again. That's my strategy.
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LogitechMouse
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December 09, 2021, 10:49:32 AM |
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I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.
I don't know if some will consider this as staking but there are some apps that offers an X amount of percentage per year just by putting your Bitcoins in their exchange and hold it. Basically it is just staking but under a company or the app not by the developers themselves. In reality, there is no way to stake Bitcoin like the way Cardano, Tezos, Ethereum and other does. You can try it if you want but do it at your own risk since once you tried it, you will not be the one who has control of your Bitcoins. I'm just putting my Bitcoins into my Cold Wallet and I have no plans of putting it in these apps. It will just earn thru capital appreciation in the long run. Good Luck ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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suryogandul
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December 09, 2021, 12:05:54 PM |
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I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.
if you can't stake bitcoin, or you can't do other techniques like bitcoin trading. then the best thing is to hold. because, by holding you just wait for the price to increase and after that you can sell it when you get a profit. I think this step is the most appropriate because it is the safest
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izsara
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December 09, 2021, 04:04:32 PM |
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Depending on your asset type and the strategy you may have different plans for yourself if you are just talking about bitcoin in my own idea holding bitcoin on your own wallet is the best idea to get benefit and keep your asset safe from and risk but still there can be some options and these are not recommended at all, for example, you can hold your bitcoins in some exchanges where they offer some investment plans how it's not safe at all and even if you use famous and safe exchanges your funds are still in danger and the option can be putting your bitcoins for collateral and take a loan to work with the money and earn more, all these methods are dangerous and if you check the bitcoin in long term you can see the best option is to holing for the long term in your own wallet.
Yes, that's the point of how we organize Bitcoin into a valuable asset without risking it and always keep it in a secure wallet. The best strategy is how we manage our emotions and finances to get long term profit. Patience is key, as the CEO of Binance tweeted "if you can't hold, you won't be rich. that's how crypto works in changing our mindset in investing on bitcoin The important point is that holding is harder than buying and selling. sometimes many people are tempted by a momentary emotion so that they forget the initial target they had. On the other hand, holding on to the assets we have is also often hampered because it is an urgent need. So it is highly recommended to make a mature strategy and have to make decisions and invest with money that will not be used for a long period of time
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