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Author Topic: Hodling Bitcoin  (Read 932 times)
RewFrew
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July 14, 2023, 07:55:00 PM
 #81

Bitcoin is best coin for investment. So investors first choose is bitcoin. So thousands people are buying and holding bitcoin. I am in this market since 2014. I have some exprience. I am also holding some Bitcoin since 2015. I am holding bitcon and i made huge profit from Bitcoin. And future Bull run bitcoin price will hit $70k-$100k. Then my profit will be more and more. So i think bitcoin holding is best. If anyone want to invest on crypto you can invest on bitcoin and hold it for good profit. If anyone invest now he will be huge profited form bitcoin i think. Overall Bitcoin invest is best and also Bitcoin holdin is best.

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July 14, 2023, 08:31:19 PM
 #82

There are two things to put into consideration when talking about bitcoin hodling;
  • Having what it takes to hodl
This simply means how buoyant one is. Someone who struggles to pay day to day bill cannot afford to hold bitcoin for long. You cannot be holding bitcoin and not feed well with your family or leave a comfortable lifestyle. You must sell your bitcoin and take care of yourself.

  • Being able to hold
You might have all it takes to hold buy you are still not able to hols. Many things may cause this which may include;
Fear of price volatility (uncertainty and doubt).
Another aspect is people investing more than they could. This will make the person to be so much dependent on the bitcoin in investment because what is at hand isn't sufficient.

R


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July 14, 2023, 08:51:53 PM
 #83

This year shows how important it is to hodln Bitcoin. +90% increase and that with all the negative news in the media. Comparing the price with 2022 it doesnt look so good, but Bitcoin always comes back, look a few more years back. There are a few more assets you should hodln, but always bitcoin. Trust the blockchain and Bitcoin.

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July 14, 2023, 09:55:03 PM
 #84

Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets  although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes
We can't determine if that person owns a single wallet or more because some holders have their main wallet known to the forum but they also transferred their BTC to their storage wallet. Maybe for some are true like a trader, they don't hold their BTC too long. If you can see their wallet that has a huge number of transactions it means that the owner of this is not a holder but kinda be doing some business and for sure there is a separate wallet for holding.

Anyways, it was to note that not all are holders, so not to wonder why some wallets are empty while others are filled a lot.



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July 14, 2023, 09:58:25 PM
 #85

...Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets  although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes
One of the desires for holding Bitcoin is because we want to keep our assets for a certain period of time with a certain target price so that we will feel strong enough to hold on for that time. And a holder will usually be resistant to always holding their Bitcoin within that time period and increasing their accumulated holding as much as possible. Because they already have the mind to achieve certain targets. And I'm not sure if with such a strong will and plans, they will use it for certain transactions, especially if it's not something very urgent and emergency

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July 14, 2023, 10:25:12 PM
 #86

Bitcoin price change had give many people a good profit today.Because the price of bitcoin had raised the new ATH today with the value of 31,800 dollars.My friends had sell their long holding bitcoin today and get some decent profit today.This good pump only happen in bitcoin as compared to other coins.If you had a full bitcoin,it’s enough to earn good profit in each and every new ATH.The price of bitcoin also reflected in many of the Altcoin today.So most of the altcoin price purely based on the bitcoin.
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July 14, 2023, 11:42:15 PM
 #87

Bitcoin is best coin for investment. So investors first choose is bitcoin. So thousands people are buying and holding bitcoin. I am in this market since 2014. I have some exprience. I am also holding some Bitcoin since 2015. I am holding bitcon and i made huge profit from Bitcoin. And future Bull run bitcoin price will hit $70k-$100k. Then my profit will be more and more. So i think bitcoin holding is best. If anyone want to invest on crypto you can invest on bitcoin and hold it for good profit. If anyone invest now he will be huge profited form bitcoin i think. Overall Bitcoin invest is best and also Bitcoin holdin is best.
Bitcoin is one of the most valuable cryptocurrency in the market because of many reasons. All altcoins are been affected by Bitcoin whether we admit to that or not. It is always good for us to some Bitcoin fractions in our portfolio so when the market start going bullish, we can be proud that we have some quantities to hold that will give us some amount of profits. By next year, I expect Bitcoin to be in a bull run just like everyone had been waiting for that time when we can ride the market and earn from it at the same time. As we are holding and accumulating altcoins, it is of an importance for us to hold Bitcoin too since it is the number coin in the market.









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July 15, 2023, 02:02:21 AM
 #88

It's absolutely fine to spend your coins if you are interested in buying stuff with it because that way it will help to spread the adoption at mass level apart from just holding.I know we see it as investment asset but we should not eliminate the base cause of its creation which was to make transaction.You can hold and spend at the same time if you wish to do so.
Basically if we buy things with Bitcoin it is only transacted for convenience. However, most investors hold their bitcoins for long periods of time as they are not ready to spend their bitcoins at all. Of course Bitcoin is a good asset to invest in which reflects the fact that people are mostly loyal to Bitcoin. And what's really interesting about all the transactions completed by Bitcoin is that Bitcoin was created to be transacted. If an investor holds on to his bitcoins, he will be able to make good trades in the future. Bitcoin holders always think positively they keep Bitcoins in a trusted wallet for the future. And there are some investors who keep their bitcoins stored in a specific wallet so that they don't have any problems in the future when it comes to transactions.

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July 15, 2023, 02:49:56 AM
 #89

It's absolutely fine to spend your coins if you are interested in buying stuff with it because that way it will help to spread the adoption at mass level apart from just holding.I know we see it as investment asset but we should not eliminate the base cause of its creation which was to make transaction.You can hold and spend at the same time if you wish to do so.
Basically if we buy things with Bitcoin it is only transacted for convenience. However, most investors hold their bitcoins for long periods of time as they are not ready to spend their bitcoins at all. Of course Bitcoin is a good asset to invest in which reflects the fact that people are mostly loyal to Bitcoin. And what's really interesting about all the transactions completed by Bitcoin is that Bitcoin was created to be transacted. If an investor holds on to his bitcoins, he will be able to make good trades in the future. Bitcoin holders always think positively they keep Bitcoins in a trusted wallet for the future. And there are some investors who keep their bitcoins stored in a specific wallet so that they don't have any problems in the future when it comes to transactions.
for those who have cold money and are preparing for the needs of their children in the future, and currently their children are still small, holding bitcoin in the long term is a wise choice, that way when a child, for example, enters university and we have retired, then from this bitcoin investment you can meet these needs. moreover, we still hope for wider adoption of bitcoin, so the opportunity for the price to rise is still wide open. On the other hand, we really have to secure our wallets from thieves, and many steps can be prepared for that

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July 15, 2023, 06:28:38 AM
 #90

It's absolutely fine to spend your coins if you are interested in buying stuff with it because that way it will help to spread the adoption at mass level apart from just holding.I know we see it as investment asset but we should not eliminate the base cause of its creation which was to make transaction.You can hold and spend at the same time if you wish to do so.
Basically if we buy things with Bitcoin it is only transacted for convenience. However, most investors hold their bitcoins for long periods of time as they are not ready to spend their bitcoins at all. Of course Bitcoin is a good asset to invest in which reflects the fact that people are mostly loyal to Bitcoin. And what's really interesting about all the transactions completed by Bitcoin is that Bitcoin was created to be transacted. If an investor holds on to his bitcoins, he will be able to make good trades in the future. Bitcoin holders always think positively they keep Bitcoins in a trusted wallet for the future. And there are some investors who keep their bitcoins stored in a specific wallet so that they don't have any problems in the future when it comes to transactions.
Bitcoin's main use has changed. Its now digital gold, an investment. Being part of something groundbreaking is awe-inspiring. The transaction? Thats hard. Transaction fees and confirmation delays can make you envious of speedier cryptos.

We still defend Bitcoin. 'Store of value' works. Its pessimistic to assume Bitcoin will never be "peer-to-peer electronic cash" as stated in the white paper, but its the truth.

Here's a fact: Bitcoin might rise dramatically. Long-term hodling requires a reliable wallet. Keep Bitcoin and join the revolution!

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July 15, 2023, 10:51:58 AM
 #91

It's absolutely fine to spend your coins if you are interested in buying stuff with it because that way it will help to spread the adoption at mass level apart from just holding.I know we see it as investment asset but we should not eliminate the base cause of its creation which was to make transaction.You can hold and spend at the same time if you wish to do so.
Basically if we buy things with Bitcoin it is only transacted for convenience. However, most investors hold their bitcoins for long periods of time as they are not ready to spend their bitcoins at all. Of course Bitcoin is a good asset to invest in which reflects the fact that people are mostly loyal to Bitcoin. And what's really interesting about all the transactions completed by Bitcoin is that Bitcoin was created to be transacted. If an investor holds on to his bitcoins, he will be able to make good trades in the future. Bitcoin holders always think positively they keep Bitcoins in a trusted wallet for the future. And there are some investors who keep their bitcoins stored in a specific wallet so that they don't have any problems in the future when it comes to transactions.
Bitcoin's main use has changed. Its now digital gold, an investment. Being part of something groundbreaking is awe-inspiring. The transaction? Thats hard. Transaction fees and confirmation delays can make you envious of speedier cryptos.

We still defend Bitcoin. 'Store of value' works. Its pessimistic to assume Bitcoin will never be "peer-to-peer electronic cash" as stated in the white paper, but its the truth.

Here's a fact: Bitcoin might rise dramatically. Long-term hodling requires a reliable wallet. Keep Bitcoin and join the revolution!

Bitcoin is being used not for the original purpose for which it was created, but the benefits it brings have far exceeded its original purpose. It not only brings privacy to many people but also changes the lives of many people by holding it. So even though it's not used as a payment method, it's still something groundbreaking.

I agree many people are still trying to popularize bitcoin as a currency, but clearly most of us are making it an investment asset. I prefer bitcoin as an investment than as a currency because as I said, when bitcoin is an investment, it gives us more benefits.

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July 15, 2023, 05:20:22 PM
 #92

Bitcoin holding is the strategy of holding on to one's Bitcoin investment for the long term despite market ups and downs and short term price movements. One can never hold unless one is extremely patient and expects more gains. A holder must firmly believe that Bitcoin will become a valuable digital asset in the future. Bitcoin holders do not care about little loss or profit after investment. They think it will act like a life insurance that can brighten the future. But there is no denying that holding Bitcoin can be a revolutionary way to gain freedom and potential returns.

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July 15, 2023, 06:15:30 PM
 #93

Bitcoin price change had give many people a good profit today.Because the price of bitcoin had raised the new ATH today with the value of 31,800 dollars.My friends had sell their long holding bitcoin today and get some decent profit today.This good pump only happen in bitcoin as compared to other coins.If you had a full bitcoin,it’s enough to earn good profit in each and every new ATH.The price of bitcoin also reflected in many of the Altcoin today.So most of the altcoin price purely based on the bitcoin.
Bitcoin fluctuates with time, I've master the volatility fill of bitcoin and I'm in a hurry to invest in it, rather I would take good entries on bitcoins whenever I see an opportunity. Altcoins are different from bitcoin, we just have to stick to what works for us. Bitcoin will pump in the nearest future, we just have to hold on to the coin in its present date. Bitcoin will shoot to the moon, we just have to exercise patience, although it keeps retesting back to its ATH in last fee months, I guessed it's just a glitch to entrapped investors who are keen to buy bitcoin.

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July 16, 2023, 02:06:52 AM
 #94

Separate your funds into two wallets.

Cold storage for holding BTC's that you don't want to spend anytime soon, this wallet should either be a hardware wallet or an Electrum wallet on an air-gapped device.

Hot wallet for holding BTC's for spending, funds in this wallet should be at least < or = $100, funds in this wallet would be for spending or for daily expenses. Dca is a great way to accumulate BTC's in your cold storage and whenever funds in your hot wallet goes down, you can 'refill' it for spending. This will help you to get the optimal balance between spending and holding.
Yes this is the most effective way for me to hold my crypto,
I would use my online wallet (Trading platforms, exchange or any type of online wallet) for those crypto that I would be using for transactions such as trading to earn more and crypto that I could easily liquidate.
I would then send of some portion of my earnings to my hardware wallet (Crypto or non-crypto earnings) to secure it and hold it for as long as I want or until the price or date that I've set has been met.



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July 16, 2023, 02:30:00 AM
 #95

Anticipating now that most people use to avoid loss or some kind of fraud they choose to segregate their assets to a safer place, especially Bitcoin, they are totally more inclined to prefer hardware wallets for their security, and we think this will improve holding of them.
Hardware wallets are actually better and more secure to store Bitcoins, which will protect from being hacked. But to use we have to spend money to buy the device. Honestly, I prefer using an online wallet due to more frequent use because only use a smartphone, it's just that we have to use it somewhere safe.

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July 16, 2023, 03:27:27 AM
 #96

@OP If you want to hold bitcoins you must split your wallet into two.
First you can use an electron or hardware to store bitcoins for a long time. And Zuma can't get thousands out of bitcoins in a pinch. And save the wallet's private key on a piece of paper and keep it safe. 
Second, keep bitcoins in your wallet for some expenses or trade with your bitcoins to earn more. However, Bitcoin price currently has upward momentum. So you can achieve success by trading and a way to earn more bitcoins.

Store 40%-45% of your total earning assets monthly in first wallet as long term. Then you can save resources like this and move forward.

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MiF
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July 16, 2023, 01:01:27 PM
 #97

Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets  although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes
This is why i always say that the bitcoin holdings is also depend on your status in life it is simply because those who have a financial freedom can surely hokd btc for a long term because they have a lot of money to use on thier daily expenses, while the poor or the people who are in the middle status always convert thier bitcoin holdings in time that is badly needed because they have limited budget for thier expenses, i am one of those who dont have a budget that is why i sell btc in year 2017 without any hesitation because  i need funds to survive. Most of the hokder are rich people or investors around the globe that is the reality only few percent of the investors is poor.


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Yatsan
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July 16, 2023, 06:07:58 PM
 #98

Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets  although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes
This is why i always say that the bitcoin holdings is also depend on your status in life it is simply because those who have a financial freedom can surely hokd btc for a long term because they have a lot of money to use on thier daily expenses, while the poor or the people who are in the middle status always convert thier bitcoin holdings in time that is badly needed because they have limited budget for thier expenses, i am one of those who dont have a budget that is why i sell btc in year 2017 without any hesitation because  i need funds to survive. Most of the hokder are rich people or investors around the globe that is the reality only few percent of the investors is poor.
Absolutely. But things just have to be managed. Ofcourse it would be an advantage to have a financial freedom but those who do not have such privilege but are willing to make things possible may save money specifically for investment perhaps $20 per week or just any amount you can afford putting aside. Problem is how people see investments. Many people think that investments should be big but in reality, any investment amount would matter simply because you made it possible to invest and that is already a huge thing to become and to have. That will jist be the first step but the biggest one you would be having as an investor.

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July 16, 2023, 06:20:07 PM
 #99

If there are several BTC in the main wallet create two options, First, create one trading account and one investment account. in daily, if you are familiar with trading market, activate it and do it, and if you already have a profit save it in USDT and when purchase if price is appropriate then you buy it back and save your profits to an investment account. Do it regularly and relax I'm sure little by little the estimated value of your assets will increase.

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July 16, 2023, 07:43:00 PM
 #100

Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets  although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes

BTC is not meant to be hold in wallets like gold. It is basically a currency and should be used for transactions and trades.
However increasing demand with limited supply has made it's price soar to sky and many people fear that they might not be able to lay their hand again on BTC if they spend it now.

Once all BTC are mined and all of them reached to bitcoin holders wallet, people will eventually start spending them directly instead of first converting them to fiat.

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