What's your reasons for holding bitcoins?

[bitcampaign]

I believe investing in bitcoin will make me rich, especially now that there is a 4 year cycle that convinces me to take that opportunity, there are many alternatives that I buy for investment other than bitcoin

[borovichok]

I believe investing in bitcoin will make me rich, especially now that there is a 4 year cycle that convinces me to take that opportunity, there are many alternatives that I buy for investment other than bitcoin

Holding on to Bitcoin is one of the greatest achievements in the space because it is a leading project in the cryptocurrency market. Keep track of individuals who purchased bitcoin at $5k and are now seeing bullish price movements to $60k; the amount of money they have made is astounding and significant. I'm always willing to help out with this endeavor. According to the leading market gurus and specialists, the bull run that will take bitcoin to $100k will undoubtedly take a long time. One of the biggest discrepancies one can make is not investing in bitcoin, which is equivalent to investing in a business while well aware that you're skipping some necessary purchases that must be made before that business can expand.

[big kid]

I just think I will be able to sell it 10x someday at least, my average BTC price is around $25K now. So I'm gonna HODL it and keep buying when it's cheap.

[|MINER|]

There are many behind of the reasons for holding bitcoins for me. First of all it's give me secure investment platform and then it's also free me from the custody of the banking system. And it is the top and fastest growing Cryptocurrencies coin in crypto world and it's total supplies is only 21million which amount is gonna be small against the world population and As its usage is increasing day by day, I think its price will obviously increase in the future as the supply is less than the demand and this is one of the main reason for me to hold Bitcoin.

[kro55]

There are many behind of the reasons for holding bitcoins for me. First of all it's give me secure investment platform and then it's also free me from the custody of the banking system. And it is the top and fastest growing Cryptocurrencies coin in crypto world and it's total supplies is only 21million which amount is gonna be small against the world population and As its usage is increasing day by day, I think its price will obviously increase in the future as the supply is less than the demand and this is one of the main reason for me to hold Bitcoin.

Bitcoin provides us with many utilities, such as means of payment, currency, and asset storage… but holding bitcoin for a long time has only one purpose, which is the profit it brings us. With all that bitcoin has done in the past it is an asset that always grows over time and people hold it in the hope that it can make them rich. Holding is good, but I disagree with many opinions that they will keep bitcoins forever, bitcoins only benefit when we use them, so sell them when we need them.

[Warkop]

I think that investing in Bitcoin will make everyone have a good future, especially from an economic point of view and plus I am a father who has children, at least keep bitcoin no matter how much I have, at least it can make my children have provisions in the future  for a living, or turning it around to run a business out there, and I'll definitely be working hard to provide direction from now on, so that later on they know what to do with those Bitcoins, without any direction from me..

[Pesona1]

All of us here who continue to believe in the future of bitcoin, of course, will hold in addition to getting high profits, of course holding bitcoin is a solution for us to save the wealth assets we have instead of having to keep them in the bank, now many of us which indeed makes bitcoin the main investment asset for the future so that as one of the largest cryptocurrencies in existence it is very unlikely for bitcoin to experience a price drop low enough let alone to have no value at all later.

[Mr.suevie]

I believe investing in bitcoin will make me rich, especially now that there is a 4 year cycle that convinces me to take that opportunity, there are many alternatives that I buy for investment other than bitcoin

i think your definition of rich matters, because you need to invest a whole lot into bitcoin especially now that the market is currently experiencing some strides of bull trend to actually encover the actual definition of someone been rich. Small investments can only get you little profits as the market pumps up but massive investments can get you rich. For me I think the reason for holding my bitcoin is specifically based on getting rich because I cant actually invest a huge capital that can get me rich but atleast i can use a means of saving my money with little interest added to it unlike the fiat banks where i would actually enquire losses.

[DiMarxist]

People hold bitcoin for bull market to make profits. Small investments can only get you little profits as the market pumps up but massive investments can get you rich. Holding on to Bitcoin is one of the greatest achievements in the space because it is a leading project in the cryptocurrency market. Keep track of individuals who purchased bitcoin at $16k and are now seeing bullish price movements to $25k or $30 the amount of money they have made an overwhelm and Important.I hold Bitcoin also to not try catch a train going full speed.As for me l hold Bitcoin for the future.I know very well to invest in Bitcoin will make me to be a wealthy man in future.invest a whole lot into bitcoin especially now that the market is currently experiencing some steps of bull trend to actually encover the actual definition of someone been rich.

[The Cryptovator]

The straightforward explanation is that we hold Bitcoin in order to profit from its volatility. It actually depends on the person how long it will hold. When owning Bitcoin, each person should have a different justification. For myself, I hold it in until I can sell it for a nice profit. That doing so will certainly boost my portfolio. Consequently, I continue to accumulate Bitcoin when it dips. That's how my approach conducts. It's not necessary to keep something forever before we can no longer use it. Because we are uncertain of how long we would exist.

[raja9167]

I heard people keep saying don't sell when the price rise a little, or when it starts dropping! I don't get, why are you holding it for long? As long as am concerns is just a matter what you want, long term or short term. Bitcoin is not your Goldsmith or some banks you build at home that you can control anytime you like.

To me bitcoin is there to gives you money when you're satisfied to take the money or take your if can't wait when is dropping. I can't hold for too long is personal or I will never take investment in a short is till personal.

Whether you hold or not what will happen in bitcoin will still happens, is good to hold but too long hell no, because am not the future, future is expectations real life is in the present.

My questions is people keeping bitcoin for too long and begins to hear story?
What's the secret that's different from taking profit?
Is that long term bitcoin don't experience losses?

It's important to understand that the decision to hold or sell Bitcoin is ultimately up to the individual investor and their personal financial goals and risk tolerance. Some people choose to hold Bitcoin for the long term as they believe in the technology and its potential to become a store of value like gold. Others may hold Bitcoin for short-term gains or to take advantage of market fluctuations.

One reason why some investors advise against selling when the price starts rising or falling is that it can be difficult to time the market. Bitcoin prices can be volatile, and trying to sell at the peak or buy at the bottom can be challenging, even for experienced traders. Additionally, if an investor sells their Bitcoin during a dip, they may miss out on potential gains if the price rebounds.

However, holding Bitcoin for the long term is not a guarantee of profit. Like any investment, Bitcoin is subject to market forces and can experience losses. Past performance is not an indicator of future results, and investors should be prepared for the possibility of losing money.

Ultimately, the decision to hold or sell Bitcoin should be based on an investor's financial goals, risk tolerance, and market knowledge. It's important to stay informed about market trends, technological developments, and regulatory changes that could impact the price of Bitcoin.
Ultimately, the decision to hold or sell Bitcoin should be based on an investor's financial goals, risk tolerance, and market knowledge. It's important to stay informed about market trends, technological developments, and regulatory changes that could impact the price of Bitcoin

[xSkylarx]

I believe investing in bitcoin will make me rich, especially now that there is a 4 year cycle that convinces me to take that opportunity, there are many alternatives that I buy for investment other than bitcoin

There is no one opposing your plans and views because anyone is really hoping this will happen to us someday if our prediction is successful, as long as you know the risk of it and are not thinking one-sided only because thinking one-sided only and blindly checking the risk will be the reason you lose a lot of money since for sure you'll go all in because you are 100% sure and it turns out it fails, then you'll end up living in the streets. Invest what you can afford to lose

[Fiatless]

The straightforward explanation is that we hold Bitcoin in order to profit from its volatility. It actually depends on the person how long it will hold. When owning Bitcoin, each person should have a different justification. For myself, I hold it in until I can sell it for a nice profit. That doing so will certainly boost my portfolio. Consequently, I continue to accumulate Bitcoin when it dips. That's how my approach conducts. It's not necessary to keep something forever before we can no longer use it. Because we are uncertain of how long we would exist.

This is one of the common but most comprehensive explanations of why people hold Bitcoin. It is not only for the love of the coin but for profit. Every that believes in bitcoin has a love for the currency because of some unique advantage it has over fiat but we are all in the Bitcoin environment for profit. And you also highlighted the importance of patients because profiting might take some time. It will also be okay if one has a plan that one can use to transfer his coin to successors because life is unpredictable.

[Luzin]

This is one of the common but most comprehensive explanations of why people hold Bitcoin. It is not only for the love of the coin but for profit. Every that believes in bitcoin has a love for the currency because of some unique advantage it has over fiat but we are all in the Bitcoin environment for profit. And you also highlighted the importance of patients because profiting might take some time. It will also be okay if one has a plan that one can use to transfer his coin to successors because life is unpredictable.

I think the majority of people are interested in crypto because of profits. They want to increase the amount of money for life. I'm sure that's the case. Crypto instruments are becoming a means of business today, the goals written in their projects are not the main goal. They write that to entice users to use their products. In addition I think these technological advances and changes will definitely happen. Digital money will eventually begin to replace government-printed banknotes or coins.

[karmamiu]

At first I was attracted due to its exclusivity, since only a few people are able to obtain or holding bitcoin. The second reason is because of its price. That time it is only around $200, although it is low compared to the price today, it is still quiet a large sum. The third reason is due to people saying that it could be an investment on par with stocks are real estate. I was shocked to learn it at first and at the same time doubtful coz how could an ordinary individual could participate with global economic investment with not that much money? And then here's crypto that actually disrupt our tradional views on finance. When I first encountered bitcoin I was not yet at legal age at the moment but, I want to earn money for me and also to have a litlt bit savings. At that time there are no opportunities available for me due to my age, then I found bitcoin that opens a lot of possibilities for me.

[Dr.Osh]

I heard people keep saying don't sell when the price rise a little, or when it starts dropping! I don't get, why are you holding it for long? As long as am concerns is just a matter what you want, long term or short term. Bitcoin is not your Goldsmith or some banks you build at home that you can control anytime you like.

To me bitcoin is there to gives you money when you're satisfied to take the money or take your if can't wait when is dropping. I can't hold for too long is personal or I will never take investment in a short is till personal.

Whether you hold or not what will happen in bitcoin will still happens, is good to hold but too long hell no, because am not the future, future is expectations real life is in the present.

My questions is people keeping bitcoin for too long and begins to hear story?
What's the secret that's different from taking profit?
Is that long term bitcoin don't experience losses?

people are just giving their opinion regarding bitcoin. such as don't sell, because the potential price in the future will be very high, or don't sell now because the price is still low. However, all the decisions are yours. no matter what people think about bitcoin, what you need to think about is your decision after that.

regarding your question, well not everyone holds bitcoin for a long time just because they hear stories. If you do your research you will know why people hold bitcoins for so long. especially if you look at the price changes from year to year.

there is no secret about the different ways to take advantage, it's just that it all depends on each person's strategy and patience.

holding bitcoins long-term doesn't mean we can't get losses. however, if you look at history, holding bitcoins in the long term can make us get big profits. however, nothing is certain in the world of crypto. what you need to remember is that the profit you are targeting is as big as the risk.

[Hyphen(-)]

I heard people keep saying don't sell when the price rise a little, or when it starts dropping! I don't get, why are you holding it for long? As long as am concerns is just a matter what you want, long term or short term. Bitcoin is not your Goldsmith or some banks you build at home that you can control anytime you like.

Many people have different ways of trading Bitcoin depending on how they want it. Some people will just leave their money in Bitcoin because they strongly believe in it and hope it will have a high value in the future, while others believe in trading for a short period of time and taking whatever profit they can.

To me bitcoin is there to gives you money when you're satisfied to take the money or take your if can't wait when is dropping. I can't hold for too long is personal or I will never take investment in a short is till personal.

Whether you hold or not what will happen in bitcoin will still happens, is good to hold but too long hell no, because am not the future, future is expectations real life is in the present.

My questions is people keeping bitcoin for too long and begins to hear story?
What's the secret that's different from taking profit?
Is that long term bitcoin don't experience losses?

Apart from being the first cryptocurrency, Bitcoin also provides us with financial freedom because keeping Bitcoin in your personal wallet is the same as keeping gold because you will be the only one in control of your assets, unlike banks and other crypto exchanges.

[Yamifoud]

Invest to earn profit...
But that never it simply works like that - earning a profit only becomes possible if we learn how to hold. Holding Bitcoin is just like saving your fiat money. So if we have the reason why we save money, that is also the same reason why we hold Bitcoin. Only in different ways but the purpose is the same.

Unfortunately, not all are doing this and that is because they are also uncertain about holding. In this volatile market, holding is necessary otherwise, you fail in reaching your goal (profit).

[Godday]

If you can say that the reason I hold Bitcoin is because I think that my Bitcoin is my investment asset.  Although there are some people who think to use it as a currency exchange.  I'm not going to bet on the Bitcoin price going up high but I just love collecting Bitcoins.  That's my personal opinion.

[AnonBitCoiner]

By holding bitcoin for long term may faces losses but its your choice that are you ready to sell your bitcoin for losses or wait further for the suitable circumstances. If you hold bitcoin for lengthy time period then if a market drops then your profit will totally depended on your choices if you want to reduce your failure in investment then wait more and more until the price gives you worthy results.

Bitcoin increases your profit if a person has accurate Knowledge and take steps according to the rules and circumstances and can make decisions accordingly.

People always prefer bitcoin because a history shows that bitcoin always offer increase value of cost rather than reducing values.  Bitcoin has minimum chances of losses and those who invest in bitcoin does not have any trouble of losing money if he use his Knowledge and has active mind.