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Author Topic: Hold coin  (Read 798 times)
crwth
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July 29, 2023, 04:34:55 PM
 #21

Something that would be worth holding, like BTC. That's what I'm going to get if I were to get money and I'm not gonna use it for other purposes. Regarding your statement regards that it will completely be digital, I don't think so. Maybe not in our lifetimes because there are still a lot of people who prefer the traditional way that involves paper money. Even some still do the bartering system so I think it's not going to go away anytime soon.

I think BTC broke his ATH in the year 2025 and make a new ATH on 100k what is your opinion?
Are you saying you are from the future?? That in 2025, we will reach another ATH? Huh  Shocked Huh Cheesy

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July 29, 2023, 05:13:12 PM
 #22

The answer is Bitcoins. I like that you have tried to answer well why it should be Bitcoin. It's a coin that's always better to hold onto over the long term.

$100k new ATH price prediction and many will agree on that price. By the way, you don't look like a beginner anymore because your thinking is like a senior in providing Bitcoin price analysis.
How confident are you about the next ATH price because Standard Chartered has changed its Bitcoin price prediction from $100k to $120k next year.

100,000 dollars is a magnet. However, will the bitcoin price overcome this mark? Personally, I think bitcoin's new ATH in 2024-2025 could be in the 80000-90000 range, and when everyone is waiting for 100000, bitcoin's price may start to decline to trap everyone again.
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July 30, 2023, 04:54:30 AM
 #23

If you want high returns, you have to take risks, if you want to be successful, you need to make trade-offs. Investing in altcoins is similar to early investors in bticoin. When many people doubted and distrusted bitcoin, they took the risk to invest in bitcoin. In the end, the rewards they achieve are well-deserved.

Bitcoin will rise again, that is certain and no one can deny. I'm not saying you shouldn't invest in bitcoin, I'm not saying you shouldn't invest in bitcoin, I'm saying that there are plenty of altcoins worth investing in, not all altcoins are junk and not worth investing in.

Although it is not easy to find altcoins that offer huge profits, if we are determined, we will find the way, not the reason.
But the average beginner who wants high returns can't analyze to find the right coin to invest or to trade. That's why we see many beginners who give up after trying to invest or trade but the results are different from what they expected. They also haven't been able to learn more and most of them only rely on other people's suggestions, which is why they haven't been able to benefit.

You are right in saying there are a lot of altcoins worth investing in and I totally agree with you because I have proven myself so far. But when I'm in a group chat where there are a lot of newbies in it, many of them are waiting for advice from people they call "trading professionals" who can't always give advice. And when someone gives advice, they won't think if the person giving the suggestion is really a good suggestion or just a suggestion.

So if they want to find the coin, they must learn to analyze it themselves so they don't have to depend on others. In addition, learning to analyze will also be helpful for them because it can improve their ability in the future to analyze market conditions and situations.

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July 30, 2023, 09:55:38 AM
 #24

If you want high returns, you have to take risks, if you want to be successful, you need to make trade-offs. Investing in altcoins is similar to early investors in bticoin. When many people doubted and distrusted bitcoin, they took the risk to invest in bitcoin. In the end, the rewards they achieve are well-deserved.

Bitcoin will rise again, that is certain and no one can deny. I'm not saying you shouldn't invest in bitcoin, I'm not saying you shouldn't invest in bitcoin, I'm saying that there are plenty of altcoins worth investing in, not all altcoins are junk and not worth investing in.

Although it is not easy to find altcoins that offer huge profits, if we are determined, we will find the way, not the reason.
But the average beginner who wants high returns can't analyze to find the right coin to invest or to trade. That's why we see many beginners who give up after trying to invest or trade but the results are different from what they expected. They also haven't been able to learn more and most of them only rely on other people's suggestions, which is why they haven't been able to benefit.

You are right in saying there are a lot of altcoins worth investing in and I totally agree with you because I have proven myself so far. But when I'm in a group chat where there are a lot of newbies in it, many of them are waiting for advice from people they call "trading professionals" who can't always give advice. And when someone gives advice, they won't think if the person giving the suggestion is really a good suggestion or just a suggestion.

So if they want to find the coin, they must learn to analyze it themselves so they don't have to depend on others. In addition, learning to analyze will also be helpful for them because it can improve their ability in the future to analyze market conditions and situations.
The crypto market is like a battlefield, where there will be winners and losers, where intelligent people will take money from greedy and stupid people. So you don't have to bother for anyone, you should do your job well to be able to guarantee your profits in the market. Anyone to succeed has to make trade-offs and costs, if newbies can't stand the challenge, they really don't deserve any rewards. As I said, there is no success without trade-offs, and if newbies want to survive in the market, they will find a way.

Investing in bitcoin or altcoins is like any other financial market, to get good results requires knowledge, if they are lazy and greedy and just want to make money by doing nothing, they need to pay the price.

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July 30, 2023, 10:05:03 AM
 #25

That is your prediction, butI do say that it is possible that it will reach its new ATH, and we don't know if this will happen. Again, no one can predict the future, but again, we took that risk, if ever that happened. Others may say it's too good to be true, but again, nothing is impossible with Bitcoin. No matter what the price of Bitcoin is, I am going to be grateful, but I do really hope that this price will be reached.
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July 30, 2023, 11:13:30 AM
 #26

The answer is Bitcoins. I like that you have tried to answer well why it should be Bitcoin. It's a coin that's always better to hold onto over the long term.

$100k new ATH price prediction and many will agree on that price. By the way, you don't look like a beginner anymore because your thinking is like a senior in providing Bitcoin price analysis.
How confident are you about the next ATH price because Standard Chartered has changed its Bitcoin price prediction from $100k to $120k next year.

100,000 dollars is a magnet. However, will the bitcoin price overcome this mark? Personally, I think bitcoin's new ATH in 2024-2025 could be in the 80000-90000 range, and when everyone is waiting for 100000, bitcoin's price may start to decline to trap everyone again.
Indeed, when the price reaches $70,000 or passes the previous ATH price, you can call it a new high. When it failed to break through the $100k price as predicted and the chart came back down it was not a trap but a normal activity that often occurs in the market and I feel the ATH price a sure price just needs the right timing to come.
There are estimates for that time next year and there are estimates for 2025.

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July 30, 2023, 11:43:39 AM
 #27

what would you do if you got money? 
which coin do you prefer to hold for long-term or short term and what do you expect from your portfolio?
Their is no coin that is higher than bitcoin and if we should hold a coin for long term it should be bitcoin because bitcoin have very good potential and that is while people hold bitcoin more than any other coin. And its good to know your plan of investment before you can conclude if you will go in long term investment or short term investment in cryptocurrency and more especially bitcoin, sometimes the longer is the long you hold your bitcoin is more you gain profits in the investment, some time you can buy a coin when the price is low and hold until it enters bullish market and you makes your profits, I can't advice anyone to go into long term investment or short investment when the capital using to invest is not it spare money. It's very good that you have to use your spare money to go for any of this investment I mentioned.

The aspect of sub-coins which can be referred as altcoins I will encourage whosoever that is into such investment specification, been altcoins to run such investment short term depending the kind of the project, and we need to investigate properly in altcoins investment before we invest because altcoins many of them does not survive bearish season and that is while it's encouraging to invest shortly in any altcoins so that you won't be at disadvantages in the investment.
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July 30, 2023, 02:56:14 PM
 #28

The best thing when you see the market is down is to hold, don't panic because things like this will end soon, we have to be optimistic that at the end of the year the market will skyrocket again because at the beginning of 2024 there will be a halving day.


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July 30, 2023, 04:04:18 PM
 #29

The best thing when you see the market is down is to hold, don't panic because things like this will end soon, we have to be optimistic that at the end of the year the market will skyrocket again because at the beginning of 2024 there will be a halving day.
This is where a trader makes a mistake. Some trader got panic when the market turns bearish. They think that streak may be coming to an end. In such a situation they cannot control their emotions. Even though they are losing money, they try to sell it and end up losing money. But the point is that if one can be patient at that time then everything can be normal again. Both bearish and bullish should be accepted. This platform is not for those who only want bullish. Being a holder is a must in the crypto world. Otherwise the expected results will not be obtained.

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July 30, 2023, 04:38:33 PM
 #30

I don't have the knowledge on altcoins since I see them as a project that wouldn't last long and when one is investing on altcoins he needs to know the right one which he can invest on. Altcoins are short term investment and can lead one to great loss. Bitcoin is superior over all of them because they are the duplicate of bitcoin. They all depend on bitcoin price for them to pump or dump. This means that I will buy bitcoin and hodli for long so that my btc value will increase significantly after two cycles. I expect bitcoin price to hit $150k. Investing in altcoins is the same thing with gambling.

Despite that there are some altcoins that have done well for themselves like binance that bumped two years ago to now, it is still likely to do well during the expected bitcoin bull and Ethereum that many speculators still feel it is still under priced, I will I agree with your submission that Bitcoin is the superior of them all. Bitcoin has over 50% dominance of the crypto market and therefore controls the market. When bitcoin moves to any direction, it affects the price of other coins. To hodl Bitcoin above 60% of your portfolio is perhaps a good investment for the upcoming bull run .
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July 30, 2023, 04:57:22 PM
 #31

what would you do if you got money?  
which coin do you prefer to hold for long-term or short term and what do you expect from your portfolio?

I have been saying this for many times and will continue saying again. Whenever you have money for investment, do proper analysis and invest in your desired asset. I have been investing in Bitcoins continuously for that past 5 years. This means at regular intervals in small portions I am buying Bitcoins when I have extra money. I don’t plan to sell these coins. These coins are very rare and a time will come when the price of the coin will skyrocket. I am planning for that day and holding these coins for long term.

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July 30, 2023, 06:46:41 PM
 #32

It is difficult to predict the future of any coin. I personally think Bitcoin is the best investment option that I have been doing myself. I myself lost my bitcoins investing in altcoins, so I know how risky investing in altcoins is.

Bitcoin will definitely go to ATH which as a Bitcoin investor I know very well because the future potential of Bitcoin is huge. So I'm trying to hold bitcoins, if I have money I use that money to buy bitcoins. As a smart investor I would prefer Bitcoin over altcoins, as crypto investors are well aware of what happened to many of the top altcoins.

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July 30, 2023, 06:54:02 PM
 #33

I think everyone will prefer bitcoin for longer time because of its success rate but for short term bitcoin is not a good choice. Even those individuals who don't have money but wants to take loan for investment in Bitcoin so no one will deny bitcoin once money comes in hand.

For short term there are lots of other coins but in my opinion short term is very risky in contrast with investment in Bitcoin so if someone who wants to reduce the risk should select bitcoin for longer time.









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JoyMarsha
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July 30, 2023, 09:38:05 PM
 #34

what would you do if you got money?  
which coin do you prefer to hold for long-term or short term and what do you expect from your portfolio?
When someone gets money, there are a lot of things to do. The person may decide to invest in real estate, engage in the buying and selling of goods, purchase shares, or invest in bitcoin to store up his or her assets. 

For many, bitcoin is the ideal option when considering a coin to invest in in order to achieve a long-term investing goal. An investor who has bitcoin in their portfolio is hopeful that their investment will pay off in the future. 

BTC is now much lower than his ATH which means if you buy BTC at that time it means you can see a huge profit in the future but if only you hold BTC for a long time. it means a patent is required for it. that one also boosts your portfolio.
Every crypto investor has a plan to buy bitcoin when it is cheap and sell it when it is expensive. Given that the price of bitcoin is now low, it is judged appropriate for investors to take advantage of the chance to accumulate bitcoin as quickly as possible before the market turns green.

I think BTC broke his ATH in the year 2025 and make a new ATH on 100k what is your opinion?
Due to the price history of bitcoin (after the halving season, months later, bitcoin skyrocketed more than expected), many bitcoin investors anticipate that in 2025, the price of bitcoin will reach a new all-time high.


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July 31, 2023, 03:20:47 AM
 #35


My prediction for 2025 will be $150K (Just a wild shot nothing based on any analysis)

P.S: your grammar sucks*** Roll Eyes
nice Wild Shot . but who knows right?

sometimes there is a need of understanding as we are not all english speaking people in which you will commonly see in english section.

while there is a possibilities that 150k is coming, but I will be contented to at least 100k plus to sell small percentage of my holding .

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July 31, 2023, 06:04:01 AM
 #36

I think everyone will prefer bitcoin for longer time because of its success rate but for short term bitcoin is not a good choice. Even those individuals who don't have money but wants to take loan for investment in Bitcoin so no one will deny bitcoin once money comes in hand.

For short term there are lots of other coins but in my opinion short term is very risky in contrast with investment in Bitcoin so if someone who wants to reduce the risk should select bitcoin for longer time.

As you said, it has to do with time. It is a difficult prospect to profit from Bitcoin in the short term. It is possible to profit from altcoins in the short term. Therefore, it is about the expectation of the investor and how much risk he will take. Bitcoin hasn't hurt anyone in the long run. I cannot say the same for altcoins. Therefore, both risk and a long or short-term investment change the choice we make.

In such a situation, I think the most sensible thing to do is to invest a large amount of our investment in Bitcoin and the remaining small amount in altcoins. This way we reduce risk and invest in alternatives.
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July 31, 2023, 07:08:40 AM
 #37

The crypto market is like a battlefield, where there will be winners and losers, where intelligent people will take money from greedy and stupid people. So you don't have to bother for anyone, you should do your job well to be able to guarantee your profits in the market. Anyone to succeed has to make trade-offs and costs, if newbies can't stand the challenge, they really don't deserve any rewards. As I said, there is no success without trade-offs, and if newbies want to survive in the market, they will find a way.

Investing in bitcoin or altcoins is like any other financial market, to get good results requires knowledge, if they are lazy and greedy and just want to make money by doing nothing, they need to pay the price.
You are right. That's all we can do in the crypto market. By really learning about trading, we can have the opportunity to be able to analyze the market and determine when we can enter and exit the market. The higher our ability to analyze the market, the greater our chance to benefit. That is what we want to achieve.

Investing in Bitcoin or altcoins must have the knowledge to know when it's time to invest. And before the price starts to increase, we need to be able to use it to buy as much Bitcoin as we can afford. But don't force yourself to buy using almost all your money because we also need fiat money to survive.

By always trying and learning, I believe we can have more Bitcoin and have the opportunity to sell it at a high price. And it's only a matter of time.

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July 31, 2023, 07:18:13 AM
 #38

BTC is now much lower than his ATH which means if you buy BTC at that time it means you can see a huge profit in the future but if only you hold BTC for a long time. it means a patent is required for it. that one also boosts your portfolio.
I think BTC broke his ATH in the year 2025 and make a new ATH on 100k what is your opinion?

True, Investments in any world are for those who are eyeing long-term investments such as BTC. Now, for traders, it comes with the consequence of always monitoring stock price movements every hour, even minutes. But, for ATH 2025 on BTC it is very possible, but it takes process even if we look at the halving that is in sight, there are more and more ETFs selling and large institutions are now starting to enter the crypto market.

For me, just 2 favorites are BTC and ETH for other options that are definitely fundamental and have been proven to be resistant to market crashes and corrections.



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July 31, 2023, 09:36:51 AM
 #39

The best thing when you see the market is down is to hold, don't panic because things like this will end soon, we have to be optimistic that at the end of the year the market will skyrocket again because at the beginning of 2024 there will be a halving day.

Those who are still very optimistic about improving market conditions will definitely continue to buy using the DCA method repeatedly without ever panicking, even though there are many other people who are afraid of them. Currently, market conditions are still not much different from the previous month because there are still no significant changes so now is still a very suitable time to continue buying and storing it until next year.

Because in the next year I also believe there will be very different conditions in Bitcoin, especially in terms of its price which may increase more than it has ever happened this year. So Hold in this year is still a very appropriate solution and it won't be bad for everyone if they still want to buy without feeling like selling in the near future.

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July 31, 2023, 09:43:41 AM
 #40

I think everyone will prefer bitcoin for longer time because of its success rate but for short term bitcoin is not a good choice. Even those individuals who don't have money but wants to take loan for investment in Bitcoin so no one will deny bitcoin once money comes in hand.

For short term there are lots of other coins but in my opinion short term is very risky in contrast with investment in Bitcoin so if someone who wants to reduce the risk should select bitcoin for longer time.

As you said, it has to do with time. It is a difficult prospect to profit from Bitcoin in the short term. It is possible to profit from altcoins in the short term. Therefore, it is about the expectation of the investor and how much risk he will take. Bitcoin hasn't hurt anyone in the long run. I cannot say the same for altcoins. Therefore, both risk and a long or short-term investment change the choice we make.

In such a situation, I think the most sensible thing to do is to invest a large amount of our investment in Bitcoin and the remaining small amount in altcoins. This way we reduce risk and invest in alternatives.

You can still profit from bitcoin in the short term by trading but the risk is higher. Holding is still the better option as it is both safe and does not require as much knowledge and skills as trading.

I like the way you allocate capital to invest, spend most of it on bitcoin and a small part on altcoins. That way we are both safe and can get a better return if our altcoin investment is successful. This cannot be called risk-minimizing diversification, but it can optimize returns better than just investing in bitcoin.

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